Qin Feng wants Xingyu Technology to build new energy vehicles, which Fang Hong will definitely not object, he knows the future trend of this industry.

Moreover, Qunxing Capital also has a layout in the new energy industry chain early.

There is no problem with his decision, the size of the car is larger than the computer, which means that the key technical nodes of the chip have much lower requirements for refinement than the palm-sized mobile phone, and the chip can be made larger, so the process requirements are not so harsh.

In other words, it is easier to achieve localized substitution than smartphones that require high-end chips.

In the next three years from 2015 to 2018, when the STAR series of smart phones is missing, in addition to opening up smart tablets, laptops and other businesses, Xingyu Technology can put more energy on the terminal business of new energy vehicles.

The main crux of domestic semiconductor substitution lies in high-end chips, but in fact, the low-end is also a very critical link, which Fang Hong has already begun to lay out, encroaching on the low-end chips, and foreign chip manufacturers do not have enough profits to maintain its R&D investment in high-end chips.

If the pace of development slows down, the gap can be shortened faster.

Qin Feng got the support of the gold owner's father, and with a positive attitude, he had no doubt that he could let it go.

Whether Xingyu Technology is opening up new businesses or entering the field of new energy vehicles, there will be no source of income in the case of "disconnection" of the smartphone business in the future, so it can only rely on capital transfusion support.

The support of the owner's father has become particularly crucial, with Fang Hong's words, there is no need to worry, and then you can let go and do it, if the money is not enough, you will borrow money from Qunxing Capital for development.

……

Fang Hong came to the headquarters of Xingyu Technology and talked with Qin Feng for almost an hour, and the things he talked about were all related to the company's major strategic layout in the future.

This side was established, and then Qin Feng quickly talked to the senior management of Xingyu Technology, and then formulated a more detailed plan.

With Fang Hong leaving the headquarters of Xingyu Technology, Qin Feng immediately presided over a high-level meeting within the company to discuss the establishment of the Xingyu electric vehicle brand and the establishment of the R&D team, and the development of new businesses such as smart tablets and computers.

In addition, the more important thing is to increase the number of orders for S620 chip processors and S680 chip processors.

Since you are prepared for the worst, you have to adjust your strategy appropriately and decisively, before hoping to show weakness to the enemy, but as a result, Apple gave the opportunity to be useless, the domestic market, users are more inclined to Xingyu Technology's STAR series products.

I'd rather wait a while longer or buy an S3 mobile phone at a high price than go to the Apple store next door to buy an iPhone, which can already lock in advance Apple's entry into the Greater China market and face the "Waterloo" situation, which is an ironclad fact.

Then there will definitely be tricks and moves, such a big market, European and American capital will be willing to admit defeat?

On the surface, if you can't do it in the market competition, you will definitely think about it under the table, and Fang Hong knows best what the descendants of those Angsa pirates are.

He's not the kind of person who lets the other party do the first year of junior high school and then do the fifteenth himself.

Since it is inevitable, then do the first year of junior high school and seek the initiative.

……

Entering August, Xingyu Technology did not intentionally limit the sales of S3, but began to find ways to expand sales, after all, there are many places to spend money in the future, and now make more money, and at the same time, let the user base of the TOS ecosystem exceed 100 million as soon as possible.

At the same time, Qin Feng sent a director of Xingyu Technology to fly directly to North America to talk to Qualcomm about the additional order of 45 million pieces of S620 chips, and the order volume of 150 million pieces of additional S680 chips.

Increase the volume and increase the price, Qualcomm can't refuse, and it won't be too difficult to level Qualcomm's side and lift the TSMC side.

Originally, S620 chip processor, several domestic friends have already talked to Qualcomm about the purchase order, because the agreement between Xingyu Technology and Qualcomm to jointly develop S620 chip processor stipulates that the product is not exclusive to Xingyu Technology, and the intellectual property rights are owned by Qualcomm, which means that Qualcomm can supply S620 chip processor to other smartphone manufacturers.

Including the S680 processor in the back, it is not exclusive to Xingyu Technology.

However, once the boat of friendship between the two sides capsized, other friends will definitely not be able to get the goods, and if they can really get the goods, Xingyu Technology can have channels to get them, and the STAR series of smartphones can continue to use high-end chips.

I can't ask for that.

Moreover, Qualcomm was the first to default, and Xingyu Technology has no international market, so it is not afraid at all, let alone the support of Qunxing Capital in the back.

In addition, during this period, Xingyu Technology's IPO listing has also made significant progress again, and the listing date has been determined, which will be listed on the main board of the Shanghai Stock Exchange on Friday, November 30, 2012, that is, three months later.

The initial fundraising has been overcompleted, the quota for offline subscription has been completed, and the online part has not yet been opened for new listings.

Xingyu Technology's IPO IPO fundraising officially confirmed the issuance of 29 billion new shares, the company's total share capital of 275.355 billion shares, the proportion of new shares in the company's total share capital of 10.53%, the initial offering of 73.71 billion yuan, the issue price was determined to be 2.54 yuan per share, and the issue market value was 700 billion yuan.

The seven major galaxy-themed public funds have all subscribed offline and obtained a certain quota ratio, and other large institutions include Pengrui Capital, Zhongtai Capital and some Guo Jia team institutions.

Although the market value of Xingyu Technology has reached the giant volume level of 700 billion, the actual circulation only accounts for about 7.5% of the total, and 92.5% of the company's shares are restricted shares.

In other words, even if the issuance market value of 700 billion is calculated, the corresponding circulating market value in the secondary market is only 52.5 billion.

Even after half a year, only 2% of the circulating disk will be lifted, and the overall circulating stock size is only 9.5%, and the proportion of equity held by Qunxing Capital is impossible to sell in the secondary market, and the same is true for those Guo Jia team institutions, and the founder team such as Qin Feng of Xingyu Technology will not sell.

In other words, the giant of Xingyu Technology will actually have more than 80% of the equity ratio will not move, even if the ban is lifted during the restricted sale period in the future.

……

However, in the A-share market in the same period, the Shanghai Composite Index hit a new low of 2100.25 points on July 31, and ushered in a wave of continuous rebound in August, from August 3 to August 9, the index walked out of the rebound market of five consecutive yang.

The index walked out of the continuous yang line, but the strength was not good, and the five consecutive yang only topped the market index to 2175.54 points, and even failed to stand up to the 2200 point mark.

Friday, August 10.

Tian Jiayi came back from Qunxing Capital, and when he found Fang Hong at home, he handed him a document and said: "The company's performance in the first half of 2012 has come out. ”

Fang Hong took the material and opened the list.

……