051 Meet the Mentor

"TMT? I'm afraid this is a bit difficult. The IT bubble has not completely passed, and no one knows what kind of impact the economy will be on next. When Zheng Lichen heard Ankang's new proposal, he didn't ignite the enthusiasm he deserved.

Ankang said: "It is precisely because the IT bubble has just been punctured that such an illusory system can gradually be implemented. Technological innovation will not stop. The bursting of the bubble is not a bad thing, it is a good thing, remove some of the nonsense content, and what is left is valuable. Besides, the IT bubble mainly refers to the Internet economy. The impact on the R&D of entities is still limited. At present, the market space is suppressed, but in a few years this market will still reopen. When we make investments, isn't it precisely to lay out in advance? ”

"The upward channel should also be considered in advance layout. Has the ascending channel arrived? Zheng Lichen asked.

"I don't know if the ascending channel has come to this point. But we need to be prepared at the very least, especially with a reserve of knowledge and experience. Moreover, this time the IT bubble hit the United States and Germany, but it did not affect Japan and South Korea. Because the IT economy of these two countries is actually inward-looking, and their IT technology is attached to automobiles, electrical appliances, and communication products. And our country is even different. The development of our IT technology lags far behind that of advanced countries, and our country's technology research and development has no competitive advantage. However, in the next few years, China will definitely make efforts to catch up with and surpass advanced countries in this regard. Moreover, our company does not have to look at the whole of China, we only need to pay attention to the development of Pudong Zhangjiang Hi-Tech Park, we can understand the development trend of this industry. ”

The Pudong Zhangjiang Hi-Tech Park is located in the middle of Pudong New Area, with Lujiazui to the west and Jinqiao and Waigaoqiao to the north. It is one of the four key development areas in Pudong and was established in July 1992. Just over a year ago, in August 1999, Shanghai promulgated the strategic decision of "focusing on Zhangjiang", positioning Zhangjiang Hi-Tech as focusing on integrated circuits, software, and biomedicine. The layout of Zhangjiang Hi-Tech Park is an important starting point for Shanghai to seize the commanding heights of high-tech industries, aiming at the world-class level, and has become an important symbol of Pudong's development and opening up after several years of development.

Zheng Lichen heard Ankang mention Zhangjiang Hi-Tech Park, thought for a while and said: "It is also difficult for us to pay attention to Zhangjiang Hi-Tech Park, because those companies in Zhangjiang are basically some large technology companies and electronics companies, such as Philips, Alcatel, NEC, etc. The scale of investment in these projects is often tens of billions of dollars, which is too large for us. After all, our company is mainly based on venture capital, and at best, a project investment of several hundred million yuan is capped. ”

Ankang said: "Recently, I went to Zhangjiang to do research. Zhangjiang is currently preparing to implement a mechanism to support small and medium-sized enterprises to start their own businesses. And recently, there are indeed many new companies that have begun to enter Zhangjiang. Therefore, I think that if we refer to the development trend of Zhongguancun in Beijing, Zhangjiang may become the highland of high-tech development in the whole of Shanghai. If you are interested, I have an analysis report on the development ideas of TMT projects and the layout of Zhangjiang industrial chain, which can be reported to you. ”

Zheng Lichen thought for a while and said: "Then let's do it, when we have a project analysis meeting next week, you can make a presentation of this report to everyone, listen to everyone's opinions, and let everyone know about the development of the TMT industry and Zhangjiang Science and Technology Park." What do you think? ”

"Okay."

Ankang has made a lot of preparations for the project analysis meeting. Even accompanying his girlfriend Liu Xinran on weekends is absent-minded. However, Liu Xinran didn't mind. On the day Ankang changed from a boy to a man, Liu Xinran also changed from a girl to a woman. She knew what her man was busy with, so she only spent one night with Ankang on the weekend, and the rest of the time was given to Ankang.

Ankang's presentation at the project analysis meeting was an unexpected success. Colleagues gave unanimous praise to Ankang's analysis. After all, the field of Ankang analysis is unfamiliar to Bristol-Stol-St China, and there are not many people in the headquarters who are good at this field.

In the past ten years, there have been some people in the headquarters who have paid attention to and invested in the high-tech field, but these people's projects have been hit hard in the IT bubble, so the investment managers of the headquarters have always been afraid of the well rope after being bitten by a snake for ten years.

But the investment managers of Chinese companies obviously don't have that kind of painful experience, so they are very interested in Ankang as an analyst to introduce them to a new industrial field.

The positive reaction at the meeting made Zheng Lichen make a decision on the spot, asking Ankang to allocate a certain amount of time to focus on this area. As for whether to invest in this field, it will be decided to look at the specific situation.

Although Zheng Lichen did not explicitly say that he would invest in this new field, after all, Ankang won the support of the company.

After gaining an in-depth understanding of the high-tech field, Ankang felt that he needed to study systematically. So I bought a lot of books and took some courses.

During this period, the investment manager of a project in which Ankang participated had a personal accident and asked the company for a few months off. An Kang was appointed to replace the investment manager as the person in charge of the investment project.

The investment project itself is not complicated, but there are some complications involved in due diligence and business negotiations. Because this project is not an investment led by Bristol-Stolmar Investments, but a joint investment with another partner. In the process of joint investment, because it also has to rely on the resources of another company in the industry, the company called Lifeng Investment is introduced into it, and it becomes a tripartite investment.

How these three companies invest is not the point, the point is that Ankang has gained two gains in the process. The first is that he officially completed a successful project investment as an investment manager, and the second is that in the process, he met Zhou Mingfeng, the general manager of Liding Investment.

Although Zhou Mingfeng is the so-called general manager, his company is actually just a small investment company. There are less than ten people in the company, and Zhou Mingfeng is both a general manager and an investment manager. It is the same as Zheng Lichen, the general manager of Ankang Company.

Zhou Mingfeng and Ankang have met all the investment managers that are different. In his forties, he is more of a gentle and elegant university teacher than a well-mannered and courteous investment manager. Even at the fierce negotiation table, it is always a calm face that Taishan collapsed in front of him and did not change his face. It's as if everyone is not talking about real money in expenses or income, but about a topic in teaching.

Among the three investment managers of the three investment companies, Ankang is the youngest one, and he also took the initiative to undertake manual work such as due diligence and paperwork preparation. Because this project involves a large number of investors, the work intensity of the project is very high. Ankang's work has been highly recognized by Zhou Mingfeng, and Ankang has often asked Zhou Mingfeng for investment experience.

Zhou Mingfeng has endless words for Ankang, a studious junior. It's exactly like a college tutor treats a good student.