Reinventing the Millennium.

Chapter 1062 Regular Chasing (4K)

On Monday, July 7, Hong Kong stocks.

Due to Penguin Institutional shareholder Shenxin Kechuang’s release of a shareholding reduction announcement last Friday, as well as public opinion about Penguin on the Internet, coupled with the plan of the competitor’s Weibo...

Penguin stocks fell at the opening and fluctuated during the session, but the decline narrowed in the afternoon, and finally closed at 98.5 Hong Kong dollars, a slight drop of 0.62% throughout the day.

According to financial observers, the confidence of the majority of investors has not been significantly affected. Penguin's recent overall trend is relatively strong, and it is expected to continue its upward trend.

Penguin's share price is HK$98.5, which is a market value of HK$1733 billion, converted into US dollars, and the market value is US$223 billion.

At the same time, the other three YBAT giants, the market value of Yike in the US stock market was 389 billion US dollars, and the market value of Baidu in the US stock market was 218 billion US dollars.

However, everyone knows that Ali is only listed in Xiangjiang for its B2B business. Today, Taobao, which has a higher proportion of C2C, is not listed and will definitely be listed in the secondary market in the future.

Penguin is in very good condition. The uproar of public opinion brought by Zhihu, Weibo, and portal websites has no real effect, so they are paid to stop the uproar and gradually subside.

It's hard for Wang Fengyi to say what kind of regretful complex mentality he has. Well, a giant like Penguin has a solid foundation. According to this momentum, the market value may exceed 300 billion U.S. dollars this year.

I don't know whether the investment income of Shenxin Kechuang's shareholding reduction this time can keep up with the growth rate of Penguin.

Although Wang Fengyi has made a collective decision in the company, he will still bear a lot of responsibility for making the decision this time. After all, this is an extremely important asset disposal for Shenxin Kechuang.

Taking responsibility and not taking responsibility are two kinds of mentality. Therefore, Wang Fengyi pays special attention to the development of domestic smartphones these days, and also pays special attention to the PP software in his mobile phone.

In addition, he received an intentional or unintentional instruction from Mr. Fang that Shenxin Kechuang's investment in "Mituan" should be in the name of the funds obtained from the reduction of Penguin shares.

Wang Fengyi smacked this, meaning that Mr. Fang is very optimistic about the future development of Mituan?Is this trying to give an overview of his operation?
However, Shenxin Kechuang’s profit from buying Penguin’s shares before listing has already exceeded 180 times at this point in time. Can Mituan, a model that has not yet been verified in the domestic market, have such great potential?

Wang Fengyi listened to many ideas of the entrepreneur Lei Jun with an inquiring attitude, but he also adhered to his own role positioning, never talking nonsense, making random suggestions, and only expressing confidence if he insisted on speaking.

And, he also asked the team to do industry research and conduct forward-looking analysis.

Willing to invest money, listen more, talk less, and give confidence.

Lei Jun, who was busy building a team, had more contact with the general manager of Shenxin Kechuang, and suddenly felt that the rumors were wrong. Although this President Wang laughed and scolded, he had the demeanor of an investment boss inside.

On August 8rd, Wang Fengyi’s intense enthusiasm for the group buying model faded a bit. It happened that Kesheng founded by Ni Runfeng was about to release a new Android phone, so he wanted to call Mr. Fang and go to Yike to listen to it together. Listen to the press conference, and ask some investment strategies for the project track along the way.

However, as soon as the phone call was made here, Mr. Fang said that he was attending the semiconductor industry symposium led by Shencheng, but he couldn't get away.

"It's nothing to look at. I have Lao Ni's Kesheng mobile phone in the drawer of my office. If you want to try something new, I will send you one in the afternoon."

"Actually, it's nothing new. I don't think it's mature, but the profit may be greater than that of Meizu and Hanwang. It uses all the parts that can be used in China, and also uses the cheapest parts within the scope."

"Okay, let's just put it this way, I'm in the conference room, and I have to be busy with Bingxin recently."

Listening to Mr. Fang's simple evaluation, Wang Fengyi wondered what another mobile phone positioned as an entry-level Android phone would be like.

As a result, he watched the whole scene and found that it was really as Mr. Fang said... Today's smart phones are mostly learning from the M series because of the popularity of Yike. The back covers of products like Meizu and Hanwang are all glass, but Yike It is German glass, and these two are domestic glass, the cost difference is only 100 yuan.

But Kesheng is different. It does not claim any texture, and directly uses domestic engineering plastics, which further reduces the cost. Such links also include screens, batteries, etc.

Domestic replaceable parts cultivated by Yike + MediaTek's more mature chip solutions + spontaneously emerging parts manufacturers, and finally the Android entry-level machine brought out by veteran Ni Runfeng.

What kind of glass do you want, can't engineering plastics be used?

As long as the pixels are enough, the speakers are enough to listen, and the screen is smaller than many mobile phones on the market from Nokia and Samsung.

The price of Kesheng is set at 1899 yuan, but there are a lot of gifts such as earphones, power bank, and film, and the advanced version with significantly better cost performance is also cheaper than other domestic manufacturers.

Wang Fengyi wondered whether Ni Runfeng's Kesheng didn't need to invest any R&D budget at all, and whether it even used the ecological solution of YMS.

In addition, Kesheng has very few offline brand stores, and its products are delivered purely through the e-commerce platform.

What should I do if there is a problem?
Kesheng cooperates with e-buy to carry out quality assurance, and can pick up the parts at home, return and repair.

After Wang Fengyi got the Kesheng mobile phone later, he felt that the product made by Mr. Ni was like a high-quality mobile phone in a copycat mobile phone, and it was a veritable entry-level entry-level machine.

He knew that Mr. Ni and Mr. Fang had a good relationship, and he suspected that Mr. Fang came from the idea of ​​this assembly, or that the idea of ​​reducing costs was originally intended by Yike to do it himself, but he gave up because of brand value considerations.

Otherwise, what is Yike doing to cultivate domestic parts manufacturers?Otherwise, what is the cooperation between Bingxin and MediaTek for chip solutions?
Based on the current situation, Wang Fengyi looks forward to the planning and backward to the development. He only feels that the way of investment is rewarding.

……

The time has entered August, and the Internet industry is still dissatisfied with the overlord. Lei Jun’s Mituan Online is about to go online, domestic Android manufacturers are springing up, and all aspects of the YMS ecosystem are advancing one by one. For Yike, the adjusted company structure There is also an important test to come.

Yixin has confirmed that it will be launched on September 9, which means that Yike's YMS ecology will make up almost the most critical link - mobile communication.

It also means that the biggest competition between the giants this year will be Yike and Penguin. Others, such as Baidu and Sogou, Taobao and Tesco, one is PC and mobile, and the other is C2C and B2C. under.

After all, everyone knows that communication business is the core foundation of Penguin.

Not only the Yixin team and the YMS team, but Fang Zhuo himself felt slightly excited when he thought of this competition. While focusing on internal promotion strategies, he also provided external resources as much as possible.

As many financial institutions in the United States were sued by the SEC last month, Yike’s financial turmoil has basically disappeared, and the patent negotiations with Nokia have also been restarted to consider the launch of Yixin’s Symbian system.

However, unlike the previous time when Nokia executives came to apply and were rejected, this time it seems that there is an internal situation there, and even the negotiating executives have changed twice.

Yu Hong, who has returned to the United States, personally participated in the negotiations and came to a very simple conclusion: Nokia's decline in the second quarter of this year made some people inside completely panic.

Nokia's new Symbian touch-screen phone launched at the risk of copyright infringement did not achieve the immediate effect as imagined, and even the speed of decline did not stop.

According to the statistics of IDC, a well-known organization, Nokia's smartphone shipments in the second quarter of the United States have fallen to 32%.

More importantly, the Android camp has rushed to the second place, and the sales of smart phones including brands such as Yike, Samsung, and HTC accounted for 29.3%, which is very close to Nokia's Symbian.

Nokia is falling, and Android is rising. According to this surprising speed of ebb and flow, the number one smartphone system shipments in the third quarter will change hands.

Once the owner changes, can Nokia still climb up?
The attitude of industry observers is not optimistic.

This has caused dissatisfaction with Simmons within Nokia. The current CEO Simmons used to be CFO. Perhaps, with such a background, he is not a good leader to lead the company forward.

As for what kind of good leader can eliminate stubborn illnesses, reverse the decline, and resume growth in just a few months...

The US "Business Weekly" also noticed the internal sentiments from Nokia sources, and gave a suggestion in a joking manner: We have an excellent candidate to recommend. His business management last year was well received globally and he knows mobile phone products very well. , and is particularly concerned about Nokia, that is Fang Zhuo, the second best president in the world, Simmons can't do it, how about asking Fang Zhuo to try?
Nokia ignored such advice.

But some European media responded from a distance: Fang Zhuo may not be able to do it. He seems to be very worried about the retaliation from many hedge funds in the United States. Now he cannot leave China and work at Nokia.

This response did not end the game, and the American media continued the exchange: That's a pity, I'm afraid that when Fang Zhuo is willing to leave China, he will no longer be able to find the Nokia brand.

Such an exchange made Fang Zhuo look cheerful, but even if someone on Twitter called him, he didn't go up to respond.

Respond to what, Nokia didn't send an invitation to itself.

Anyway, Simmons seems to be in an unstable position, and I don't know if the next Nokia leader is already by his side.

On August 8th, Fang Zhuo welcomed the leader to inspect the third ice core factory in Shencheng. This time, not only Qiu Ciyun was present, but Liang Mengsong was also called from Luzhou.

Under normal circumstances, Fang Zhuo would not bother Dr. Liang, but... Dr. Liang could be familiar with him when it was out of specification.

The leader strolled around the factory area, and the ice core trio of Fang Zhuo, Qiu Ciyun, and Liang Mengsong answered questions in an orderly manner.

In fact, as far as Fang Zhuo has communicated with different leaders many times, everyone supports semiconductors, but the reality is objective and the competition is severe. Bingxin has received almost full support. It is very gratifying to come now up.

"Ice Core is developing very fast, and we are all very happy, including some retired leaders. Every time we talk about Ice Core, the smile on this face comes." The leader stopped and looked at the outline of the third factory.

Liang Mengsong replied: "Actually, it's okay. This is a normal speed of development. It will be more difficult as it goes forward."

The leader was a little surprised.

"If it is a conventional unrestricted environment, as Dr. Liang said, the speed of the ice core is actually the speed of the center core." Fang Zhuo explained, "Others have it, and we can buy it. Although the starting point is low, it will be very fast to catch up." Quick, it’s just that, the country is in an unconventional state.”

SMIC has become one of the world's top ten wafer foundries under the leadership of Zhang Rujing within a few years of its establishment. In terms of process technology alone, the gap between it and Taiji has been narrowed to more than one generation.

Almost in 04, SMIC was in mass production of 130nm and trial production of 110nm, while Tai Kee was in mass production of 90nm chips.

Zhang Rujing is confident that he will catch up with the process gap in the next few years, and then there will be the well-known several years of lawsuits, as well as the progress brought about by the immersion lithography process.

In the same way, Bingxin is now catching up to a gap of more than one generation. It is driven by technical masters such as Liang Mengsong and Hu Zhengming, with the capital investment of Fang Zhuo and the joint venture capital, with the policy support of the upper and lower administrations, and with the support of the mainland market. development, but standing in this factory area and looking back at history, this is just another catch-up by the only wafer foundry company in the Mainland after the restrictions were removed.

The leader fell silent.

Seeing this, Fang Zhuo continued, "I'm just afraid that others have it, but when they don't want to sell it, or if he is willing to sell it and someone doesn't let him sell it, Bing Xin's pace of catching up will be slow."

Ice core is just a foundry link in the semiconductor chain, and this chain itself is built on the global industrial division of labor.

It is one thing to catch up with the foundry link, but the backwardness of the overall industry is a bigger problem.

The leader nodded after a while: "It is right to have this worry. The domestic industry has just shown signs of good development, but it is not a one-day achievement. We still have to work together."

Fang Zhuo did not continue to talk about this topic, but instead introduced the significance of the development of Bingxin to Yike mobile phone products. The third factory in Shencheng is Sony's sensor production line, which is a good case of integrating upstream and downstream.

I don’t know if it was planned early or the communication in the factory area was effective. After the inspection of this day was over, only on the second day, the big fund determined a communication mechanism with the wafer service alliance, focusing on studying and judging all links of the domestic industrial chain development opportunities.

Fang Zhuo is a real person.

After two phone calls, he said directly: "There are opportunities in all aspects. We have discussed it before, but we have to pay more."

The leader of the big fund made a haha, and the reply on the phone could only be a hard-working reply.

Ice Core is on the right track, but the development environment is a hidden danger, no, it is an obvious danger. Fortunately, from the current point of view, it should still have a smooth development time.

Fang Zhuo communicated with Qiu Ciyun for two days, with an idea of ​​change and response in mind, considering a forward-looking strategy for a certain period of development.

However, when he was thinking about the operation of ice cores that could move around, a new battle ignited on the Internet.

On August 8, Penguin released version 16 of QQ Doctor, the interface and functions of which are very similar to 3.2.

Just at the end of last month, there was a raucous public opinion, there was just an announcement of Shenxin Kechuang’s shareholding reduction, and even Wang Fengyi just used 360 as an example. It was only half a month later that Penguin entered the field of network security with the same method.

360's Zhou Hongyi was shocked and angry.

The Internet became lively again for a while, Penguin, it's you again.

(End of this chapter)