Shangsha Technology signed a contract with the Yuzhou government to take a 10% stake in Yuzhou Bank, and its influence quickly extended to all fields of Shangsha Technology.

It is the over-the-counter financing carried out by Shangsha Technology through JPMorgan Chase, which is more smooth than before, before taking a stake in Yuzhou Bank, a total of less than 20 million Chinese yuan was raised in the over-the-counter market, and when Shangsha Technology invested in Yuzhou Bank, in December 07 alone, it raised more than 40 million Chinese yuan, and if it were not for Sheng Huainan felt that the over-the-counter debt should have a high annualized interest of 6%, the amount of funds that could be raised would be higher!

In order to survive the cold winter of the financial crisis, the pace of research and development slowed down began to be full again,The work intensity of Shangsha R&D center has almost doubled,The purpose is to explore Shangsha smart tablet,Shangsha two series of mobile phones,Shangsha smart screen This series of matrix products iteration。

Zheku chip and Shangsha battery R&D center, compared with Shangsha R&D center, have all entered a state of full load operation, they either carry out 65nm SoC research and development work, or improve the problem of short battery life of best-selling mobile phones, and strive to optimize the mobile phone battery in the shortest possible time to give full play to the greatest combat effectiveness.

Within two and a half years, a smart tablet, three mobile phones, a TV, and a smart watch business that has been sold have released a total of six explosive new products.

Sheng Huainan's ability as a super product manager, this is obvious to everyone, and it can even be said to be a blast!

However, no matter how strong the creativity is, there will be times when it will dry up, Sheng Huainan is a human, not a god, a human, you always have a time to rest!

In the hearts of everyone, even the most optimistic employees of Shangsha Technology, they all feel that maybe for a long time in the future, Shangsha Technology should not have new god-level products!

This god-level explosive product is not a cabbage, where is it so easy to appear.

。。。。。。

Sheng Huainan naturally didn't have the heart to pay attention to these rumors, he was an optimist, when he encountered a series of problems, he would seriously review, consider the gains and losses of the way to deal with them, and finally solve them in the way he thought was best.

"It seems that even if I am not there, everyone's work is completed on time and efficiently, and I have become the most superfluous person, which is good!"

After returning from a business trip to the magic capital, Sheng Huainan sat in the conference room of Shangsha Technology, flipped through a series of meeting minutes during this time, and found that things were going according to the established process.

Now the internal framework construction of Shangsha Technology has been preliminarily completed, the responsibility to the people and the orderly division of labor, although the stall is larger, but in fact, each department can complete the tasks in an orderly manner, basically, now Shangsha Technology has got rid of the popular paper process in this era, and gradually realized the high-speed of online office!

Moreover, Sheng Huainan also clearly stipulates that all OA processes, each node must be approved within 6 hours like Wanda Real Estate in the previous life, so as to achieve a more efficient operation of the company's work efficiency, rather than the same as before, procrastinating and grinding, and everyone is afraid of taking responsibility.

"Is it time to honestly iterate the product line, or to open a new product? Should the financial crisis be over? Sheng Huainan repeatedly reviewed these meeting minutes at the executive meeting, but his thoughts drifted far away.

Now the matrix ecology of Shangsha Technology has a certain scale, and the customer base has repeated purchase behavior, and the current development of Shangsha Technology is sitting on a rocket.

But the rapid development has also brought huge problems.

The biggest problem is funding.

Although Shangsha Technology has raised funds through different channels, the expenses are also large.

Shangsha Science and Technology stall is very large, just the R & D sector, R & D center plus two secondary subsidiaries, now there are more than 3,200 people, salary and benefits alone, more than 400 million, if you add consumables and other expenses, even the expenditure of this sector exceeds 500 million!

Due to the cruel price war in 07, the annual sales of Shangsha Technology broke through a record high, reaching 5.3 billion, although the scheduled sales target was completed, but due to the acquisition of 300 million Yuzhou Bank capital expenditure, and the low profit of Changxiang mobile phone, the annual profit was only about 500 million yuan.

Now, the annual R&D expenditure alone is equivalent to 50% of the annual profit and 10% of the annual sales.

This expenditure, the pressure is quite high!

Not to mention, part of the funds need to be set aside as a safety valve to safely survive the financial crisis!

So, do you want to launch a new product?

On the new product, the capital chain will be tight, and even affect the security of the group's funds by the end of 08, which must be avoided.

Not on the new product, will definitely survive the financial crisis safely, but inevitably, Shangsha technology will waste a whole year of golden development time, you know, 08 financial crisis, in the previous life was based on the September 2008 Lehman Brothers Holdings, the fourth largest investment bank in the United States, filed for bankruptcy protection, and this crisis has continued until the end of the year.

However, Sheng Huainan does not think that now is a good time for Series C financing.

Although after getting the money, Shangsha Technology will be able to enter a more fierce money-burning mode, and its development speed will be faster at that time.

However, after diluting the equity again, he will not be able to raise D round of financing before the listing, after all, he needs to still occupy more than 51% of the equity of Shangsha Technology after the listing of Shangsha Technology, so as to better control the company!

Now for the C round of financing in advance, it is too cheap for this company to pick up the work!

Could it be that Shangsha Technology can't even survive this year?

That's absolutely impossible!

The pains of this year can magnify the expected benefits several times and directly strengthen the strength of Shangsha Technology in one step.

What are the short-term difficulties in this comparison?

However, it is really difficult to make a choice when people are in the game!

Especially if you want to take a risk!

To be， or not to be，that is the question！ (Shakespeare: To live or to perish, that's the big question.) ）

The executives in the audience seemed to see Sheng Huainan wandering, and they all stopped reporting one after another, waiting for his next instructions.

Thinking of this, he said to a group of executives, "Now that the situation in the beautiful country is unstable, Shangsha Technology has also encountered a bottleneck period of development, so how should Shangsha Technology play next?" The big guys all say their opinions! ”

PS: The first volume of cold ice has ended, and from today, it's the second volume: The Fire Stealer!

(End of chapter)