Chapter 313 [This year is the year of the golden window of Xingyu Technology]
Asked about the production capacity, Qin Feng replied in an orderly manner: "The production of mobile phones, at present, we have reached a cooperation with Biyadi company, handed over to Biyadi OEM, the production efficiency can reach an annual output of 10 million units, we placed an order for 8 million units, and it has been put into production more than a month ago, and there are currently 1.5 million units shipped." ”
This efficiency can be said to be quite fast, which also reflects the manufacturing capacity of Greater China, but Fang Hong roughly calculated, according to this capacity efficiency, by the March press conference, the production line will not exceed 4 million products.
Fang Hong said: "The production capacity is not low, but it is still too slow and too little, and we will strive to have an inventory of more than 6 million units around March, and the order can be increased to at least 20 million units." ”
His words also shocked Qin Feng, and he couldn't help but say, "20 million? Wouldn't it be too risky? ”
"What? Are you so unconfident in your open products? Fang Hong glanced at Qin Feng, and then said with a smile: "According to the current production capacity, the inventory before and after the press conference in March will be 4 million, how is this enough?" Let's bet, believe it or not, after this mobile phone is launched, the market will be able to eat up the 4 million production capacity within a month or two. ”
Qin Feng couldn't help but be stunned, the gold owner's father is super optimistic about the sales of the first product!
Fang Hong is indeed very optimistic, because in addition to the product itself, it is also clear that although the iPhone 4 was released at the end of June this year, the date of launch in the Greater China market needs to wait until the end of April 2011.
A full year window was staggered.
In other words, the one-year window of time when iPhone4 does not land in the domestic market, Xingyu Technology's S1 has almost no competitors, as for the domestic brand, none of them can play, Rebus's Xiaomi has not been established yet, no surprise is in March, and it is now the end of January.
It is no exaggeration to say that this year is the golden window period for Xingyu Technology, and it is operating well, and it can rely on this year to start brand awareness, and it is stepping on Apple as a stepping stone.
After a while, Qin Feng said helplessly: "I'm afraid it's too late to ...... production capacity."
Fang Hong couldn't help but smile and said: "No, no, it must be in time, as long as the money is enough, the foundry on Biyadi's side will burst the liver 24 hours a day, and by March, whatever you say can give you at least 5 million production capacity, don't underestimate our country's manufacturing capacity, you go and talk to them, we want production capacity, and let them pay for the foundry fee." ”
Speaking of which, Fang Hong added: "Apple's iphone4 was released at the end of June, but it will take at least a year to go on the market in the mainland, which means that this year's vacuum period is a golden window for Xingyu Technology to quickly occupy the market and play a first-mover advantage. ”
Qin Feng couldn't help but nodded, obviously also recognizing this strategic idea of the gold owner's father, based on the Apple company's news brought by the gold owner's father, many of the company's original plans had to be adjusted, and he quickly realized how important 2010 was for Xingyu Technology.
After a while, Qin Feng said hesitantly: "I'm afraid this will require a lot of money. ”
"Then start the B round of financing as soon as possible, I will give you 50 billion funds, and Biyadi will let them take the accounts receivable first, and agree that you Xingyu Technology will complete the settlement of accounts receivable after a year, and I will guarantee you Qunxing Capital, if you can't pay this account when it expires, let Biyadi take the bill and find me Qunxing to pay." Fang Hong said neatly: "I don't believe that Biyadi can find a reason to refuse to accept this order, and I don't believe that they can't produce five or six million livers." ”
Qin Feng was also stunned when he heard this, he was worthy of being the father of the gold master, he was so arrogant that he had no friends, and he didn't say anything about his determined support for Xingyu Technology.
"How much equity do you want?" Qin Feng asked, it was also straightforward, frankly speaking, it is not easy for him to value Xingyu Technology now, how high is the valuation of 50000000000000000 Tiancai? I really can't evaluate it.
Including the support of other resources of Qunxing Capital, such as guaranteeing Qunxing Capital, this is an intangible value, and it stands to reason that it should be at a premium.
Fang Hong suddenly said bluntly: "In the current situation, I Qunxing Capital has given you a series of support, it is not an exaggeration to say that Xingyu Technology is treated as a son, and the conventional valuation is not meaningful, no matter how much equity Qunxing wants from you, you will not take advantage, and you will not suffer." ”
Qin Feng nodded with a smile: "Indeed." ”
"Since it's his own son, then it's better than the lake, and those who become big things are not informal." Fang Hong turned to smile and said, then turned his head to look at Tian Jiayi and asked, "What is the equity of Xingyu Technology that Qunxing holds now?" ”
Tian Jiayi immediately replied: "After the previous A round of financing, Qunxing Capital accounted for 44% of the total share capital of Xingyu Technology. ”
Hearing this, Fang Hong nodded and turned to look at Qin Feng and said neatly: "Increase it to 80%, and you won't increase your holdings in the future, and you can share the rest with your team!" ”
Qin Feng immediately responded succinctly: "Okay! ”
The two sides reached a consensus at such a speed of light, as Fang Hong said, those who become big things are not informal, and historical opportunities are fleeting, and now at this juncture, it is not worth mentioning to make the company a world-class technology giant like Apple.
Now the equity ratio of a few percentage points has caused the company to miss the opportunity, and it could have achieved a scale of trillions, but the result can only be a scale of 100 billion, which is called picking up sesame seeds and losing watermelons.
Qin Feng is not worried, because Xingyu Technology has two vetoes, one is in the hands of Qunxing Capital, and the other is in Qin Feng's hands, and there will definitely be no increase in the third one-vote veto, Qunxing Capital will not do this, and Qin Feng will not do it either.
Two is enough, this means that the two sides of the venture capital have reached a balance, your founder don't want to pit the investor, and the investor doesn't want to kick the founder out, hurting each other is not good for everyone, and it is in line with the interests of both parties to become stronger and bigger together.
Tian Jiayi on the side is also making a memo record for the B round of financing reached by the two parties.
At the end, Qin Feng said in an orderly manner: "With this money, many things can be accelerated, including the creation of offline direct stores. ”
Qin Feng also realized that the most precious thing in Xingyu Technology now is time, and he also saw that the father of the gold owner recognized that time was more precious, and was willing to pay more money as a price to grab more time!
Qin Feng continued: "I strive to quickly establish no less than 70 offline official stores across the country on the day of the press conference, covering major cities and areas across the country. Fortunately, the official flagship store began to be engaged in early, and there are currently five official flagship stores, which are in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen and the new city, which will be put into operation in March, although it is a bit rushed, but it is not a big problem. ”
Now isn't there a huge amount of money that has been smashed by the father of the owner of 50 billion, and the decoration team can be doubled or even doubled several times the manpower to catch up with the progress.
Fang Hong nodded, played with the prototype in his hand and asked, "How much is the price?" ”
Qin Feng glanced at the prototype in his hand and said: "We have prepared a standard version and an enhanced version of the first generation of products, the standard version is S1, and the enhanced version is S1-Plus. The difference between the two, the one in your hand is the standard version, the 4.0-inch screen, and the enhanced version is the 4.3-inch large screen. ”
In the current 2010, 4.0 inches is definitely a large screen, 4.3 inches is a proper large screen, you must know that the screen size of iPhone4 is only 3.5 inches design.
The future trend is that the screen is getting bigger and bigger, and the large-size screen has another benefit, especially for Xingyu Technology, which has been established for a short time, because the screen size is larger, the volume of the mobile phone will become larger, and the internal space will be expanded.
To a large extent, the smaller the size of the mobile phone, the higher the technical requirements, and the larger the screen, to a certain extent, it can also alleviate the disadvantage of Xingyu Technology's current lack of technical reserves.
Qin Feng continued: "The memory versions of the standard and enhanced versions are divided into three models: 8GB, 16GB and 32GB, which do not support memory expansion, and the battery is not removable, but it supports dual SIM dual standby. ”
The lack of expanded memory is really limited space, but also to make up for the lack of technology, because the expansion of the memory card reads and writes really affects the smoothness of the phone, thus affecting the user experience.
But support dual card dual standby, this point is completely in line with the habits of domestic consumers, Qin Feng now does not consider the international market at all, first stabilize his own basic disk is the top priority.
……