Xingrui Technology is a joint venture company jointly established by Origin Group and Huawei, the technology company is mainly managed by Huawei, and Origin Group only has a stake in technology.

The two generations of tassel mobile phones produced by Xingrui Technology are all popular models, what does it mean that the origin group wants to sell shares at this time?

Yu Jiangdong spoke to the people below when he set off for Jiangcheng, and the news must be kept secret.

Jiangcheng, Wang Yulan said to Zhou Xiao: "Yu Jiangdong has arrived in Jiangcheng." ”

……

"Origin Group is ready to sell 10% of the shares of Xingrui Technology."

Zhou Xiao and Yu Jiangdong met again, and Zhou Xiao said.

The sale of the shares of Xingrui Technology was a deliberate decision made by Zhou Xiao.

There are three reasons for this.

One is that it can be monetized immediately.

Although there is a lot of advanced traffic in the origin group, the construction of a DNA memory and storage factory is a large expense, and the realized cash can be directly used to invest in the construction of the factory, which is conducive to Zhou Xiao to complete the task as soon as possible, and the value created by the factory is also faster than the speed at which Xingrui Technology shares create value.

The second is to help stimulate Warwick's initiative.

Huawei occupies 49% of the shares of Xingrui Technology, and with the hot sales of the tassel series, Huawei senior management and the board of directors have been repurchasing the shares of Xingrui Technology.

When Xiao Mi came to Jiangcheng to visit the new science and technology area, there were many discordant voices within Warwick.

Some people don't blame the Origin Group, but they also find the Origin Group not interesting enough.

There are also people who think that the origin group should not cooperate with Xiaomi, and should exclusively license the technology to Warwick.

Therefore, at this time, the origin group still owns 51% of the shares of Xingrui Technology, which makes Huawei particularly uncomfortable.

If Warwick can get more equity, it will not only calm the voice within Warwick, but also stimulate Warwick's creativity.

Helping oneself and working for others are two different concepts, and the amount of labor paid is not the same.

The third is the strategic issue of the origin group.

What Zhou Xiao wants to do is to establish a software and hardware ecological chain of the Internet that belongs to Xia Guoren, rather than a single company.

In Zhou Xiao's plan, he hopes that any Xia Guo mobile phone and PC company can use the singularity system. He also hopes that DNA storage and DNA hard disk will become the first choice for all Xia enterprises in the future.

Only when these hardware devices are used, can the system ecology belonging to the Xia people themselves be improved.

The most taboo in ecological construction is exclusivity.

This is the reason why Android's ecology is richer than Pingguo's, and more people use it.

The system ecology of Xia Guo's own people is not only related to the profit of the origin group, but also related to the security of Xia Guo's Internet in the future, so it must be built well.

Xiaomi is one of the greatest companies in the technology industry of Xia Guo, with a huge number of young users, and these people are the future of Xia Guo. This group of users, Zhou Xiao doesn't want to give up.

If you only let Xiaomi use the Singularity OS system instead of using DNA memory and storage, this is not perfect for ecological construction.

The development of software is based on hardware.

The development of the ecosystem of Xia Guo is not perfect only by relying on the origin group, which can only play the role of a guide, and more depends on the innovation and struggle of the majority of Xia Guo science and technology workers.

In Zhou Xiao's plan, it is to establish a three-dimensional new alliance company.

This three-dimensional new alliance company not only includes Huawei but also Xiaomi, and will include more Xiaguo technology companies in the future.

In this alliance system, the Origin Group will invest in some companies, but it must not be able to hold too many shares, and the more shares the Origin Group holds, the weaker the innovation ability of the related companies will be? This is a constant rule in tech business.

In the short term, the origin group seems to have sold the stock early and given up the big fish of Xingrui Technology? But in the long run? The Origin Group wants not a fish, but a sea.

Isn't the success of Xingrui Technology precisely because of the investment and support of the origin group?

Zhou Xiao directly had a showdown with Jiangdong? said: "We are ready to reduce our holdings of Xingrui Technology in batches, reducing our holdings to less than 30% in the next five years and less than 20% in the next ten years?" We hope to give Xingrui Technology more freedom to develop. ”

"Besides? We are going to set up a new technology company under the source code group, and this technology company will hold a stake in Xingrui Technology, and this company will also hold a stake in Xiaomi's new company? Xiaomi will be included in the ecological chain and supply chain of the origin group. ”

Although the Origin Group hasn't talked to Xiao Mi yet? But Zhou Xiao is sure that Xiaomi is happy to be included in her own system.

Yu Jiangdong knows that the origin group is in the ecological chain of building a unified pace? There is no way to complete this project? Only the Origin Group can do it.

Zhou Xiao also promised Yu Jiangdong: "In a short period of time, Xiaomi will not be able to use DNA memory and DNA storage on her mobile phone." ”

Yu Jiangdong nodded? Can't Warwick just watch the Origin Group eat? It is necessary to be more innovative in the singularity ecology and even mobile phone hardware to ensure its competitiveness.

Yu Jiangdong even thought that if he were Zhou Xiao, he might have handed over the DNA storage technology to Xiaomi a long time ago.

For Huawei, it is also the most cost-effective to repurchase the shares of Xingrui Technology at this time? Lowest cost.

The growth momentum of Xingrui Technology and Tassel has just begun? The potential for the future is immeasurable.

After Yu Jiangdong returned to Shenzhen? directly persuaded the board of directors to acquire the equity of Xingrui Technology (the board of directors of Huawei has long wanted to repurchase the equity of Xingrui Technology).

After the negotiation between Warwick and the Origin Group? Referring to the profit of Xingrui Technology last year (40 billion RMB), calculated at 10 times the price-earnings ratio, the price is 400 billion RMB? In the end, Huawei repurchased 10% of the shares of Xingrui Technology at a price of 40 billion soft sister coins.

After the repurchase, the equity distribution of Xingrui Technology Company is as follows:

Huawei holds 59% of the shares and becomes the actual controller of Xingrui Technology, and Source Code Group, a subsidiary of the Source Group, holds 41% of the shares.

According to the agreement between Warwick and Origin Group, Origin Group will reduce its shareholding to less than 20% in the next five years.

Huawei is quite satisfied with this transaction, and at the price of 40 billion soft sister coins, it is certainly happy to become the owner of Xingrui Technology Company with unlimited future growth potential.

The transaction between the two parties was very fast, and the news was quickly revealed.

As soon as the news came out, the capital market and the technology community were shocked, and the Xiaomi team, which was still in Jiangcheng, was also shocked.

Tian Yu was about to talk to Ma Xin again, but when he got the news, he immediately stopped the existing plan.

Now Xiao Mi is confused, what does it mean for Origin Group to sell the equity of Xingrui Technology?

Xingrui Technology has good growth potential, and the price of 400 billion RMB speaks for itself, why did the origin group choose to sell 10% of its equity at this time?