Chapter 233: Someone's Popularity Is Suddenly Ruined, and His Valuation Has Fallen!
Xinghai Group's 586 computer caught someone off guard, and suddenly provoked him and became angry.
For a long time, the domestic computer market has been a certain field, and no company dares to encroach on it.
Why did Xinghai Group enter the computer market?!
What qualifications do they have?
"Fuck the bastard!"
Someone's voice was full of anger, his eyes staring at the newspaper spilling bloodshot, his teeth gritting, his muscles tense.
Now, he feels that his daughter has been forced to do it over and over again, but he is helpless, which is both angry and uncomfortable.
Suddenly, someone was a little annoyed and angry, and the sudden attack of the Xinghai Group overwhelmed him and disrupted his plans.
Originally, he had been preparing to list the company on the Hong Kong City Stock Exchange, and is currently preparing a listing prospectus, and it is expected that the bell will ring at the beginning of next year.
According to the institutional valuation, it may be worth 2 billion yuan at present, but there is not so much money, and it is very difficult to get one-tenth of it.
In fact, some things have been messed up, especially internally.
If the 586 computer is announced, the market will be better, and the valuation will definitely rise sharply, which is the best time to go public.
According to the historical trajectory, 1994 was a watershed year for a certain thought: in the previous ten years, a certain thought fell to the ground; In the next ten years, it officially entered the global market and became a global brand.
The reason is the breakthrough of the 586 computer, coupled with the family low-profile version in 1994, the monthly sales reached more than 5,000 units, and the company's turnover increased significantly.
In the process of the company's step-by-step development, someone has played a major role, and even became a successful representative of the reform of state-owned enterprises, and he believes that he has contributed a lot.
Therefore, it is normal to take a little more.
Of course, as employees of state-owned enterprises and enjoy the treatment of cadres, they cannot reach out to the state to ask for equity, still less can they embezzle public funds to buy original shares for private individuals, and can only help foreign businessmen raise funds to purchase shares in the name of "private money."
The process of enterprise reform is a process of crossing the river by feeling the stones, coupled with the laws and regulations of our country, which are also gradually improving, and many practices seem to be problematic, as long as they are not excessive, they are nothing.
As long as it is successfully listed, it makes sense that the company will develop well.
At the same time, as long as the stock price rises, he makes a lot of money.
But if the stock price falls, then he loses money.
The more you take, the worse you lose.
Now, even if it is listed normally, the stock price will definitely be hit hard.
Therefore, when he thought of that young man Fang Bai, the more he thought about it, the more angry he became, and he admired this person before.
Now it seems that it is a great enemy.
It's a-stirring stick!
This kind of thing can only be secretly scolded, not said explicitly.
At three o'clock in the afternoon, in response to the 586 computer incident of Xinghai Group, someone held an emergency meeting.
After everyone arrived, someone looked grim and slapped the report of Xinghai Group's announcement of the 586 computer on the conference table.
"A very unfortunate news, I guess you also know, Xinghai Group took the lead in developing the 586 computer. Nowadays, the company has one more big enemy, and Xinghai Group doesn't need me to say more, it should know what kind of enterprise it is.
A certain thought was established in 1984, Xinghai Group was established in 1991, but the monthly turnover has exceeded 2 billion yuan, and the profits are extremely high, rich and oily, the largest private enterprise in China.
Now, people are eyeing the computer industry. ”
Not to mention, individual high-level officials didn't know the news yet, but after taking a look at the newspaper, after seeing the content clearly, their faces instantly turned white.
"How they suddenly entered the computer field, there is no news before."
"What people want to do, how can it be announced to the outside world, if it's you, will you?"
Ni Lao sat opposite someone, thought about it, and still came up with a sentence: "The company's efficiency is declining, in the final analysis, there is still no solid core technology, and it is only a matter of time before it is surpassed." Now that it's worse, we have to reflect on it. ”
Someone frowned and glared at Ni Lao: "Now it's not about discussing this issue, it's about how to deal with competitors." ”
"Then I won't give my opinion, I stand by my opinion." Ni Lao's face was indifferent, and he sighed again in his heart, feeling powerless.
The main cause of the conflict between the two is the difference in the company's development line, and the struggle between the two lines of technology, industry and trade.
Nowadays, everyone is speculating about what Xinghai Group's computers will be listed, how they will be priced, and how they will face their competitors.
In the end, after discussion, there was no good response plan, after all, people just announced the news, and they had not started sales yet, and a certain company was still developing 586.
Xinghai Group's side is not ready for the computer to go public at present, Fang Bai means to continue to expand the computer research team, continue to develop laptops, research software and semiconductors, and lay the foundation for the future.
Regardless of whether he does semiconductors in the future or not, he can cultivate talents for the country.
He can't look at the profits of computers for the time being, at most tens of thousands of units a year, with a gross profit of one or two hundred million yuan, excluding the cost of sales, he can't make any money, and he can just count on supporting employees and project expenses.
The domestic computer market is still in its infancy, and computers are mainly used by some enterprises, institutions and institutions of higher learning.
Some large enterprises and government departments have purchased some computer equipment in their offices and laboratories for data processing, scientific research and office work.
The price of the 586 computer must be more than 10,000 yuan, Fang Bai and the team discussed, the basic pre-price is 13,000 yuan, and ordinary families can't afford it.
Selling is definitely still going to sell, but it won't take too much effort to sell, you can sell as much as you can, produce as many orders as you want, and shorten the inventory cycle.
By the time Windows 95 was born, in August 1995, the operating system provided a more user-friendly and intuitive user interface, providing users with a better user experience and greatly promoting the popularity of personal computers.
In 1996, Intel introduced the Pentium processor, which was the first processor of the Intel P6 microarchitecture.
The advent of the Pentium processor improved the performance and speed of computers, laying the foundation for later multimedia applications and the popularization of the Internet.
It can be said that 1996 was an important turning point in the history of computer development.
In this year, the internet began to gain popularity across the globe, and laptops became popular.
The price of computers has also dropped to less than 10,000 yuan, and more and more families can afford to buy home computers, that is to say, Hualian Supermarket Company can start to operate Internet cafes this year, and Xinghai Group can start to operate Internet companies.
At this time, the hourly cost of Internet access must exceed six yuan, which is not affordable for ordinary people.
But in this era, people's income must have increased significantly compared with 1993, and the cost of Internet access is high, but there are still many people who can afford to spend, and Xinghai Group has only made money.
It can be said that the development of computers is a multi-industry technological development, and it is not enough to rely on the efforts of Xinghai Group alone, and Internet cafes should not be launched too early.
Now, Fang Bai can only wait.
At present, the newly built Hualian supermarket is now a two-story structure, with a supermarket on the first floor and a temporary warehouse on the second floor.
By 1995, it was time to start renovating the second floor in preparation for the layout of the Internet café.
After the announcement of Xinghai Group's 586 computer, many enterprises and institutions consulted about performance and price.
Fang Bai's instructions are 50% deposit, pay the balance when you get the goods, and do not accept the arrears.
Xinghai Group has this confidence and does not ask for people.
Some enterprises and institutions just want to use it first and then apply for payment, but it is clear that the local finances are not very good, and they may not be approved.
After a few more days, Xinghai Group did not move at all on the computer, as if it just stood up and shouted slogans, and then hidden.
However, I still heard the quotation of Xinghai Group, the basic model is 13,000 yuan.
This price is so low, I thought it was priced at 15,000 yuan, so this price was reasonable.
They're going to buy one or two and come back and disassemble them to see how their computers are.
It's just that it won't be available until after New Year's Day in 1994.
In the following period of time, Fang Bai invested in the company's scientific research, and many scientific research projects finally blossomed and yielded results.
The small and medium-sized 60 kilowatt twin-cylinder diesel engine was successfully developed, and the small and medium-sized 75 kilowatt and 90 kilowatt diesel engines began to be developed;
The 45-meter pump truck was successfully developed, with a basic model of 3.6 million yuan and an offshore pricing of 850,000 US dollars; Started to develop a 50-meter pump truck;
Concrete mixer trucks and mixing plants have made great progress and are expected to be developed by the end of the year.
The small digging XH45C was successfully developed, and the final price was 250,000 yuan, which was slightly higher than the predetermined 180,000 yuan, and the development of small digging XH60C and small digging XH75C began.
In particular, the successful development of small digging has many old customers consulting as soon as it is put on the market.
The pricing is not high, and it is in high demand.
At present, Carter's small excavator of the same power is equivalent to more than 400,000 yuan, and the supply exceeds demand.
Now Xinghai Group's small digging uses its own diesel engine, and its performance is no worse than Carter's, mainly because it is more fuel-efficient, and the price is set slightly higher, but it is much lower than that of imports.
In the minds of the people, domestic machinery and equipment can never be compared with imports, even after 20 years, most people still think so.
Fang Bai does not think that his new product can change the concept of the people all at once, and it is estimated that it will be extremely difficult to change it in a few years.
This kind of small digging, if put in 20 years, is so cheap that it is only 150,000 or 60,000 yuan, of course, the diesel engine is domestic.
Now the price is 250,000 yuan, and the price is more appropriate.
Fang Bai tried his own small digging operation, and he became proficient in an hour, and he could level the ground, and the employees asked him in surprise if he had operated it before.
"The chairman is a cow!"
"God-man, this is a gift, a gift."
"I understood, but I didn't dare to operate, and after sitting on it, I was directly confused."
Generally speaking, if you don't have a few months of operation, how can you level the ground.
If it's just a simple operation, it may be done in a day or two, but if you want to be consistent, it is much more difficult than driving.
This thing is simple to see, a learning to scrap, to the left and right hands, legs with the operation of the line, commonly used mainly twelve actions, the right hand lowers the arm, adduction and outward turn bucket, the left hand rotates left and right, stretches the forearm, the legs go back and forth, left and right.
This thing still needs professional training, and if you don't make any money, you will overturn the machine and cripple yourself.
Fang Bai played with the excavator and kept playing.
The president of the Shencheng branch of a state-owned bank came to the door, waited for him for an hour, and asked the personnel manager: "When will your chairman come back?" ”
"President Lu, I said that I went to the scene, I guess it will take an hour, why don't you come over another day?"
"I've been waiting for an hour, and no one has answered the phone, so I'll go straight to him."
The HR manager gave an "um" and asked a new employee to take him. The president of the big bank personally came to the door, and the personnel manager did not dare to be perfunctory.
President Lu followed the employee around, listened to the new employee's question, and learned that the chairman of the board of directors was in the test site.
Xinghai Group is too big, and it is not allowed to drive in the workshop, so it can only walk.
After coming to the test site, I saw a group of more than 20 people gathering around an excavator.
"Brother, where is your chairman?" President Lu glanced at it, didn't see Fang Bai, and asked one of the employees gathered around.
The newcomer looked at President Lu and asked, and explained to the people around him: "This is President Lu, I have something important to find the chairman, and I said that we will come over and have a look here." ”
"Oh, I'm playing with the excavator, I've been playing for two hours, and I'm almost off work." An employee laughed and pointed to the man on the machine that was digging.
President Lu took a serious look and saw a young man wearing a suit and a safety helmet, skillfully operating an excavator, and he was stunned at once.
After finding someone, he was not in a hurry, looked quietly, and praised: "It seems that your chairman is very proficient in playing, and he is really good at playing." ”
In fact, he didn't dare to urge Fang Bai, so he could only wait.
"Haha, having a great time, looking for problems, we're learning." An employee of the scientific research department explained with a smile.
After another half an hour, when the afternoon got off work, Fang Bai turned off the engine, jumped out of the excavator, and said a few problems: "The problem is not big, but there are still some small problems that need to be improved, the first is the vision and safety issues, the front is replaced by the whole large glass, the cost is a little higher, the structure of the cab, have to be reinforced, to ensure the safety of the driver after rollover;
Foreigner stuff is reasonable, material-saving, but not durable.
And we don't have a professional training institution, some investors buy back, anxious to make money, and don't know how to do the work, so the operating system should be a little more humane.
The second point is the driver's seat, our people are relatively small, not like foreigners. When we designed, we borrowed from foreigners, but did not take into account the habits of Chinese people......"
Fang Bai asked a lot of questions, and the employees of the scientific research department took out a pen and wrote them down carefully.
After he finished speaking, the personnel staff dared to look for him, saying that President Lu was looking for him.
When Fang Bai heard this, he also saw the bald middle-aged man, the two had dealt with each other many times, and they were all acquaintances, so he said hello with a smile:
"Yo, President Lu, I'm free to come over today."
"Yes, Mr. Fang, come and talk to you for tea and talk."
"Let's go, come to my office." Fang Bai didn't ask in detail, and he could probably guess what was going on.
Ten minutes later, Fang Bai and President Lu returned to the chairman's office.
Fang Bai personally made tea, and the two sat down to chat.
After three small cups of tea, Governor Lu glanced at Fang Bai, who had an indifferent expression, as if he was not in a hurry.
He must have known what he had come to look for, but he didn't ask, he simply spoke up first: "Mr. Fang, that's the case, our bank still has some loan lines, at the same time, there are still two or three months, the new year is coming, and next year's loan amount will be approved, come and ask if your company has any new needs." ”
After taking a sip of tea, Fang Bai asked, "What is the current situation of the bank interest rate?" ”
Governor Lu said: "Demand deposit 3.15%, fixed ...... The benchmark interest rate of the one-year loan of the commercial loan is 10.98%, and the benchmark interest rate of the three-year loan is 12.24%, which is the public situation, the benefit of Xinghai Group is good, the mortgage loan does not need to be so high, we have a preferential loan, and the interest of the previous loan is the same. ”
Fang Bai nodded, the three billion yuan he borrowed was 10.8% for two years, which was extremely low, and this was a project instructed by the government.
Generally, small business loans must be higher than the benchmark interest rate, and it takes 15 or 6 points.
This is also the reason why it is easy to get a loan in this era, but not many people dare to borrow, that is, the interest rate of bank loans is too high. And some companies want to borrow more, but the limit.
Interest rates on bank loans did not fall until 1997, and the benchmark interest rate was below 10 per cent.
Fang Bai continued to drink tea while being silent.
Xinghai Group is not short of money at present, and has sold millions of VCD machines, with a revenue of more than 3 billion yuan and a profit of more than 2 billion yuan.
That's why the bank came to the door.
Of course, if you hoard land, you will still lack money.
He wants to buy residential land to build houses for employees, he wants to buy commercial land to continue to develop Xinghai Plaza, and he wants to buy residential land to engage in real estate, and he will hoard it for five or six years.
In addition to Shencheng, Fang Bai planned to go to Yuecheng and the imperial capital to hoard land.
As for the Shenzhen market, the current housing prices are not cheap, the average price of Luohu is six or seven thousand yuan, higher than that of Shencheng, the main reason is that in 1992 an old man went there to walk around, the economy was hot, and it was close to Hong Kong City, until the financial crisis in 1997 fell down, fell to 5,000 times, and did not improve until 2004.
Now it's very late to go to Shenzhen for development, and it's not as good as Yuecheng next door, and the current average price is not much different from Shencheng, such as Tianhe District, where the land price is still quite cheap.
Of course, there are also many unfinished buildings.
At present, the public security situation is worse than that of Shencheng, and in urban villages, there are a lot of petty thefts in other places, climbing buildings and stealing things in broad daylight, which is a very common phenomenon, which is also the reason why Fang Bai has not gone there to develop.
But the locals are hospitable and righteous, and the bad is that there are too many habitual thieves among migrant workers in other places.
Let's take the loan first, and then talk about whether we go there and hoard land.
It takes a lot of money to hoard land and develop Xinghai Square in Shencheng, and Fang Bai has arranged for billions of yuan.
"How much loan can I get at the moment?"
"The credit line is 500 million, and there will be 3 billion in the future."
Fang Bai pouted: "I thought there were five or six billion yuan, but my company can get two billion yuan in one or two months." ”
President Lu wiped his sweat and had to admire Xinghai Group's speed of collecting money, VCD machines were sold too hot, and now they are on the computer project, and the media is crazy about it, saying that Xinghai Group has come up with a new money-making weapon, a high-tech company.
Fang Bai sighed and disagreed: "Okay, I want it all, less meat is also meat." ”
Governor Lu smiled and nodded, stood up and shook hands with him.
Hemp, 3.5 billion is scum, it's not eye-catching. (End of chapter)