At this meeting of the board of directors of Xiling Holdings, all 13 directors were present, including Yu Jun, chairman of the board of directors, Wei Jing, vice chairman of the board of directors, Luo Yuan, secretary of the board of directors, Wang Bing, executive director, Yu Junhao, executive director, Xu Tingchun, Qiu Zhongjun, Su Qing, Qin Haitong, Xing Hong, Luo Fei, Lei Jun, and Su Cheng.

Everyone has a briefing on the global financial market, except for Wei Jing and a few others, everyone is shocked and happy, and the arrival of hundreds of billions of funds will undoubtedly ease the financial pressure of each branch.

Don't look at Fengyun Network, Kingsoft Software, Thunder Online, and even Yunfeng Electronics' hematopoietic ability is good.

But depending on their goals, the gap is too far away, if you don't use the blood transfusion capacity of the capital market, you will never be able to do what Yu Jun said at the summary meeting at the end of last year.

And even with the injection of hundreds of billions of funds, companies still need to go a long way.

The improvement of technology can never be achieved by money alone, but without money, it can never be done.

Wei Jing put aside the information on hand, noticed that Yu Junhao and the others had finished reading, collected the shocked expression on her face, suppressed the excitement in her heart, and looked over to her.

Wei Jingqing coughed and said, "Everyone has read the briefing, do you have any opinions." ”

"I'll say first," Yu Junhao said, "Yunfeng Electronics' goal is to become the world's largest PC supplier over Dell and HP, and the expansion of the production line is necessary. The establishment of a marketing network cannot rely solely on Yuhui household appliances, and the establishment of independent marketing channels is also necessary, which is only one of them. In the research of hardware manufacturing process and innovative technology, a large amount of investment is still needed, and the profit of Yunfeng Electronics is only a dozen percentage points. ”

Yu Junhao is well aware of the relationship between Yu Jun and the Lian family, and did not explicitly say that if he simply relies on Yuhui household appliances, he will be subject to others, not to mention, that is, the expansion of Yuhui household appliances is far from catching up with Yunfeng Electronics.

Now Yunfeng Electronics' sales are no different from Lenovo, which ranks first in the top 100 industries, but 80% of them are foundries, and the market share can only rank second, which is still because of the related procurement of Fengyun Network.

If you really want to greatly increase the sales of your own brand, you need to invest heavily in building a marketing network.

What Yu Junhao said, Wei Jing knew well, so she asked: "Junhao, what do you expect to invest in five years to catch up with Dell in terms of production and sales?" ”

"At least two or three hundred billion." Yu Junhao can only say a divisor, and the specific needs to be analyzed.

"Kingsoft is also under great pressure in terms of labor costs, and it is necessary to maintain the research of various types of application software," Qiu Zhongjun said suddenly, "The number of qualified programmers and software engineers in China is pitiful, and the graduates of the School of Software of Yunnan University of Science and Technology alone cannot support Kingsoft's next step." With the expansion of enrollment, it is inevitable that the quality of graduates from other universities will decline, and the labor cost will not change much, which will create a bad circle. If you want to compete with Microsoft and IBm, you need to increase the output and training of talents, which all require money. ”

"Su Qing went to Moscow in order to solve this problem," Yu Jun said, "The company wants to internationalize, one of which is the internationalization of talents, Kingsoft and Oracle in the United States to do the operation of the swordsman love o1 British version, is only a small part, and does not involve the fundamentals, Su Qing will bring talents from various countries to Kingsoft, Kingdee, Bx China, Bx America, so that talents from various backgrounds come together, first to solve the bottleneck problem of talents, and then, to expand in the later stage, There will be less conflict for corporate culture, and the run-in time will be shorter. ”

Corporate culture is a kind of culture in the final analysis, and to put it bluntly, it is the inertia of behavior habits, the difference between the habits of Westerners and the habits of Orientals, and the difference between the habits of this company and that company.

Bringing in a variety of foreign talents in advance will reduce the acquisition risk in the event of cross-border acquisitions in the future.

Yu Jun and Wei Jing have a very long-term view, which is not something that Yu Junhao and Qiu Zhongjun can guess.

However, it is also quite difficult to recruit abroad, and it is impossible to do it overnight, which is a long-term work, and the human resources department will do it for a long time.

"Thunder Online also needs talents in all aspects, especially mature editors," Luo Yuan said lightly on the corner of his forehead, "Due to the characteristics of network enterprises, pay attention to the fact that Thunder Online cannot use foreign talents, and localized talents are to be considered. ”

Qiu Zhongjun and Xu Tingchun looked at each other and smiled, and both said, "Mr. Luo has spoken, we have nothing to say." ”

Xiling Holdings' subsidiaries will also have competition, but this kind of competition is benign, which can be seen by looking at the current money-seeking shelf.

Speaking of the urgency of funds, Fengyun Network is the easiest, after all, it is a hematopoietic machine, and it is also the core main enterprise, and it is sending large sums of money to other enterprises that still need to invest.

It can be seen that Fengyun Network has the most board seats on the board of directors.

"Jun Shao, Mr. Wei, I'll continue." Yu Junhao said, "I said earlier that Yunfeng Electronics' PC manufacturing, Yundian Holdings' Liushui rare earth shortage of money is more stringent, Jun Shao requires Liushui rare earth to absorb light and heavy rare earths in the country, hoarding and storage, here is the most money-short place." ”

Even if the price of rare earth cabbage, cabbage is money.

The price of heavy rare earths in 2ooo years is a few yuan per kilogram and several thousand yuan per ton, according to the different types of rare earths, the highest is only tens of thousands of yuan, and the highest price of light rare earths is less than 10,000 yuan per ton.

The annual export of rare earths is about 100,000 tons, even if Liushui rare earth quietly absorbs 50,000 tons, of course, this possibility is extremely small, but taking 50,000 tons as an example, with the highest price of rare earths, it takes two or three billion yuan of investment here.

The research of rare earth materials also has to spend a lot of money to do, first, the expenditure on talent is not small, the domestic research experts in this area are pitiful, the equipment is even more scarce, most of them have to rely on foreign real rooms, or external experts to do research.

With less money given, who wants to come?

"I understand what you said." Yu Jun nodded, "Half of the 100 billion funds need to be invested in the research of innovative technologies, and the remaining half is invested in production capacity and expansion." ”

Everyone was refreshed when they heard it.

With a capital of 50 billion yuan, most of these companies are research-oriented enterprises, so you can imagine how much each company can allocate.

Wei Jing took over and said: "The main thing is to understand your ideas and difficulties, what Jun Shao and I mean is that the funds are abundant, and the research direction can be broader, even if there are very few that can be actually used in the end, but the establishment of the patent pool can allow Xiling Holdings to have the capital to fight against foreign giants in ten years." ”

Domestic enterprises are afraid of investing large sums of money in research, and they inevitably have this consideration, and they have invested money, but they can't do anything, and this money will inevitably lose money.

But I don't know that if you don't invest, you won't even have a chance, and the ability to control risks is the standard for judging whether an enterprise is mature or not.

"This is the preliminary plan that I made with Mr. Wei, let's take a look and give opinions." Yu Jun motioned to Wu Yu to put the information into the hands of the directors, picked up the juice and took a sip.

Wang Bing said before he took the information: "The companies in charge of you are always less thirsty for funds than the Thunderstorm Fund, right?" We are a venture capitalist, and our thirst for capital is stricter than anyone else's, and it is really difficult to do it in the face of multinational financial giants and the impact of newly dug capital players in China......"

"You take the plan and read it first." Yu Jun interrupted him and said with a smile, "The Thunderstorm Fund is a little sad now, and in a few years, after the invested companies are listed one after another, it will be easy to pick the fruits." ”

Wang Bing smiled, picked up the plan and flipped to the page of the thunderstorm fund, only to glance at it, he almost jumped.

"Two tens of billion?" Wang Bing was pleasantly surprised.

Now the money left on the books of the Thunderstorm Fund is only enough to operate, and he rushed to attend Chu Haowei's wedding, which may not have the intention of asking for money.

What's more, he originally promised Yi Mingyao to give him more than 10 billion funds to operate within two or three years, but he can't be untrustworthy, besides, it is difficult for a good woman to cook without rice, even if there is a good project, if there is no money to inject, it will be in vain.

It's not just venture capital funds that choose companies, companies are also selecting venture capital funds.

Especially good companies, which will never be short of bloodthirsty venture capital from abroad.

"Isn't it enough?" Yu Jun smiled, "What you have to do now is to go to Hong Kong with Jin Wanting, build a good relationship with the Stock Exchange, and it is best to acquire one or two financial institutions with securities underwriting qualifications, so that you can do the one-stop service of venture capital, listing, and exit. It's best if you want to go with Ning Ziming, he seems to be still investigating Du Feng's case. ”

Wang Bing nodded again and again, and now he can see that Yu Jun does not simply want to make the Thunderstorm Fund a top venture capital, but the purpose is to show itself to a real financial group.

Venture capital is only the first step, and integrating various resource platforms is the next thing to do.