No. 185 Crazy
184th mad
Wei Dongsheng knew Gong Qiuqiu's character of being soft on the outside and rigid on the inside, but he didn't know Gong Qiuqiu's high-slung heart.
Recalling the 2008 economic crisis in the United States, Wei Dongsheng vaguely remembers the outcome of the five major investment banks such as Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns: Lehman Brothers went bankrupt; Bear Stearns was acquired by JPMorgan Chase; Merrill Lynch was acquired by Bank of America; Only Goldman Sachs and Morgan Stanley survived. Goldman Sachs is a survivor, and if Gong Qiuqiu wants to target Goldman Sachs, I am afraid that there is a high probability that he will hit the iron plate.
However, these issues do not need to be discussed with Jing Minqiang now.
Wei Dongsheng handled the matter simply, and directly asked Jing Minqiang's opinion: "What do you think is better?" ”
Jing Minqiang hesitated for more than ten seconds, and said in an uncertain tone, "Wait." When the atmosphere is tense over there, I'll go to accompany her. ”
Wei Dongsheng immediately promised: "Okay." ”
After bidding farewell to Jing Minqiang, Wei Dongsheng flew back to Panyang City overnight to deal with other work such as the supercomputer Cambrian 2007.
Zhiyu Technology's mobile phone business is regarded by Wei Dongsheng as a new cash cow after online games, and it has indeed lived up to Wei Dongsheng's trust. Perhaps the charm of the "Fruit" mobile game played an intuitive role, and the pre-sale results of the multi-touch capacitive screen smart phone Sapientia_3G were better than Wei Dongsheng imagined, and 326,000 users pre-ordered on the first day of release, of which 60,000 users even chose to pre-order the full amount in order to ensure that they got the product as soon as possible.
Sapientia_3G has not yet been officially sold, it has received more than 300 million yuan in payment.
The follow-up will not be as crazy as the first day, but it will also maintain a daily growth rate of tens of thousands, and the total pre-order data on various platforms that month easily exceeded 1 million. Such an achievement is beyond the expectations of Wei Dong's business, and even more unexpected by Zhiyu Technology and various forecasting agencies. Various forecasting agencies suspect that Zhiyu Technology is engaged in gimmick propaganda with false data, and hesitate to confirm how much water there is in the pre-order data of the Sapientia_3G.
In fact, Wei Dongsheng did not expect that the Chinese market in 2007 would have such potential.
Zhiyu Technology urgently organized a survey to ask users why they pre-ordered Sapientia_3G, and 80% of buyers checked the mobile game "Fruit".
What multi-touch, what is the difference between resistive screen and capacitive screen, what is the difference between keyless mobile phone and one-button mobile phone, users in the era of feature phones are ignorant about this, and they don't know what it is. "Fruit" is a completely different phone, with detailed graphics and smooth operation experience, so that users who watch the video of the launch event instantly understand the generation difference between Sapientia_3G and feature phones such as Nokia. In fact, as soon as the Sapientia_3G conference of Zhiyu Technology ended, keywords such as Sapientia_3G, fruit games, fruit cutting, and mobile games quickly soared into the hot words of the day and the month of spring and autumn searches.
After verifying that the pre-order data is true, the employees of Zhiyu Technology and Zhuwei Company all fell into a "surprise collapse": this is the rhythm of overtime again!
As mentioned earlier, Zhiyu Technology's initial estimate of Sapientia_3G smart phones is two million. Zhiyu Technology also uses this data to arrange orders for components, and is expected to accumulate 1 million units of inventory before the launch on May 20, and then sell them while producing. How to think, the market's sense of expectation for Sapientia_3G is beyond imagination, and one million units were pre-sold in more than ten days. In order to minimize the impact of out-of-stock, Zhiyu Technology quickly increased the number of orders to upstream and downstream partners.
The aforementioned loss warning line of 5,150 yuan does not refer to the actual production cost of Sapientia_3G. Production costs, advertising expenses, price reductions and concessions at the time of shipment, value-added tax and other tax burdens, etc., the final pricing ratio is set at 5150 yuan, so that Zhiyu Technology will not lose money in production Sapientia_3G.
Among them, there is a lot of room for compression of production costs.
It is impossible for component manufacturers to lose money and cooperate with Zhiyu Technology to launch Sapientia_3G, adjust the production line and improve the research and development funds of the corresponding technology, which will be converted into the price of components. Adjusting the production line and technology research and development is a one-time investment, and the shipment volume of 1 million is so much money, and the shipment volume of 2 million is still so much money. So, if you increase the number of orders to three million or five million, you can flatten out these one-time investments considerably. In addition, the continuous technological improvement in the production process will increase the yield rate and production efficiency, which will indirectly lead to the continuous reduction of components and production costs.
For the first million, it is difficult for Zhiyu Technology to make real profits; The second one million, Zhiyu Technology can make money in the real sense...... If the sales volume reaches 5 million, the 300,000 contract machines of Huaguo Mobile can also become a profitable project.
This is also the charm of industrial production, the higher the output, the lower the unit price.
At the same time, Gong Qiuqiu's shorting of the U.S. mortgage market also ushered in good news.
On March 8, 2007, New Century Financial Corporation ceased to apply for mortgage loans; On March 13, the New York Stock Exchange delisted New Century Financial Corporation; On April 2, New Century Financial Corporation applied for protection.
This was the beginning of the subprime mortgage crisis.
However, due to the arrogance and self-theft of various financial institutions, the collapse of the New Century Financial Company did not cause the slightest wave in the market, and the Dow Jones and other indices in the United States rose steadily on that day. On April 2, 2007, the Dow Jones was 12382.3, and on May 18, 2007, the Dow Jones was 13556.53, an increase of 9.48%. The bankruptcy of the New Century Financial Company did not arouse public alarm, but instead brought about a small bull market. In the Internet era, global news is shared, and the small bull market in the U.S. stock market has further stimulated the enthusiasm of the Chinese stock market. The Shenhai Securities Index passed all the way, easily breaking through the peak of 4,000 points on May 9, and the total number of accounts opened in the Huaguo stock market was infinitely close to 100 million.
Not no one is aware of the crisis.
In fact, many financial elites have heard the footsteps of the crisis.
According to the latest news from Gong Qiuqiu, the small bull market after the bankruptcy of the New Century Financial Company was actually a conscious tacit cooperation of major investment banks and other financial oligarchs.
Investment banks are unprofitable people who can't afford to be early, and they are used to doing everything they can to avoid risks. For example, Goldman Sachs received tens of millions of dollars in marketing and insurance premiums from the Rose Fund and sold it to investors such as banks, funds and insurance companies. When the Rose Fund reaps the fruits of victory in the future, Goldman Sachs will not lose a single hair, but a group of banks, funds, and insurance companies will cut meat to the Rose Fund. Goldman Sachs took the money from the left hand and the money from the right hand, and it was like making money lying in bed.
Other investment banks are similarly sophisticated.
For example, Bear Stearns, while cooperating with the stock market, is taking the opportunity to sell off non-performing assets. Ordinary stockholders saw that the stock market was doing well, and they were afraid that this was a false signal that the oligarchs had joined forces, and they rushed to enter the market and take over the bombs ignited by the lead from Bear Stearns and other major investment banks.
Unfortunately, they overdid it.
The non-performing assets saved by speculation before are far from being sold out by temporary fire sales, and they are desperately trying to save themselves and transfer risks. Vested interests have repeatedly assured the public that the crisis is controllable, but in practice, they have taken the opportunity to transmit the crisis to more investors, indirectly expanding the scope of the economic crisis.
This is what Wei Dongsheng said.
They think that everything is under control, they think that all risks can be passed on to others, and they think that there is no lower limit to the tolerance of the people at the bottom. In order to find more receivers, the more critical the real situation, the more the financial oligarchy sifted through the good information to prove to investors that "the crisis is accidental and temporary, and the future situation is very good". At the same time, some of the shrewd funds have quietly withdrawn from the quagmire mortgage market to buy stocks of companies with investment value to preserve their value.
This is the background of the times when the stock market bucked the trend.
All the good news is deliberately operated. Due to the take-off of China's stock market and the speculation that China is about to surpass the United States to become the world's largest Internet power, Chinese concept stocks such as Spring and Autumn Network, Spring and Autumn Search and other Internet companies have also been warmly welcomed by the international capital market.
Taking Spring and Autumn Search as an example, because the main business is in the Chinese market, which is not visible in the United States, the capital market found that the Spring and Autumn Search, which focuses on the characteristics of image search engines, could not really threaten Google's position in the American market. On March 16, 2007, the market value of Spring and Autumn Search fell to $6.5 billion, and from March 16 to April 23, it lingered for a long time. From April 23rd to May 14th, in just 20 days, the market value of Spring and Autumn Search swelled rapidly from $6.5 billion to $9.4 billion, an increase of 44%.
The Chinese stock market is crazy, the U.S. stock market is crazy, and the market value of the Spring and Autumn Search is also crazy.
Following Spring and Autumn Network, Spring and Autumn Search approached a market value of $10 billion for the first time. Since the current noisy Huaguo stock market is the most eye-catching, many online media in Huaguo have tracked and reported the crazy stock price of Spring and Autumn Search in a timely manner, and discussed whether Spring and Autumn Search has any hope of leading Huaguo Concept Stocks to break through the threshold of $10 billion market value.
Everywhere there is noise, everywhere is impetuous.
Because the Rose Fund is long in both the Chinese stock market and the U.S. mortgage market, Wei Dongzhi wisely refused all interviews and did not comment on the crazy stock market for the time being. During this time, Wei Dongsheng cooperated with Xiao Lei's team to concentrate on the supercomputer project, and Cambrian 2007 was successfully developed as scheduled, setting a new record with 6182 trillion Linpack calculations.