Reinventing the Millennium
Chapter 238 Replenishment (2 in 1)
Chapter 238 Replenishment (Two in One)
Yike determined the main strategy of product promotion, and the department's execution soon began to follow up.
The brand spokesperson who was far away in Baodao received the call and set off to fly to the mainland.
The media company that the company is connected with starts to design the logo image according to the requirements.
The factory in Kunshan worked overtime for final debugging before assembly.
At the same time, Yike Group, with Shencheng Yike Technology as the main body, also began to go through the pre-establishment process. Fang Zhuo had to sign various documents in person.
There are rigid conditions for the establishment of a group company. For example, a national group requires the registered capital of the parent company to be more than 5000 million, and the total registered capital of the parent company and its subsidiaries to be more than 1 million. Moreover, it must have 5 holding subsidiaries.
In terms of registered capital, whether it is venture capital or shareholders, it is difficult to subscribe for capital on a large scale, and it is easy to have legal risks if it is quickly transferred through the bridge. But fortunately, intellectual property rights can be used as capital contributions.
According to the current law, intangible assets such as intellectual property rights can account for up to 70% of the capital contribution. That is to say, 5000 million of the parent company's 3500 million subscribed capital does not need to be paid out. Fang Zhuo only needs to use the product patent under his name to operate Just do a valuation.
As for the subsidiaries, the factory acquired by Kunshan, Shencheng Yike Technology, the third-party affiliated company that needs to be established in the option pool, and a newly established investment company by Fang Zhuo, so there are four.
Originally, Fang Zhuo considered that Guahao.com would be incorporated into the group, so there would be exactly 5 companies, but the cooperation of several venture capitals made him give up this idea, and instead spun off a magazine department from Guahao.com as a new company.
Fang Zhuo once asked Liu Yangyang to help create a magazine whose positioning was not very clear. Now the process is basically completed, and the people and framework have not been established, but as an independent company, there is no problem.
There are many affairs and procedures, and some things can't be done in a short while. Fortunately, the group company is not in a hurry to upgrade, and these can be done before the first round of financing.
As of December, Shencheng Yike Technology has three institutional shareholders and four natural person shareholders.
The investment of IDG Capital and Capital Today in the CCTV platform belongs to the angel round, followed by the follow-up investment of Shenxin Kechuang as the PreA round. IDG followed up with US$400 million, Capital Today invested US$200 million, and Shenxin Kechuang invested US$300 million.
The US$900 million raised in this round of PreA is an agreement to expand funds for overseas markets, which is targeted.
As a result, IDG Capital holds 13%, Capital Today holds 9%, Shenxin holds 8%, four natural person shareholders are Fang Zhuo holding 57.5%, Yu Hong and Su Wei holding 5.5% respectively, and Zhou Xin holds a 1.5 percent stake.
According to Fang Zhuo's plan, if the sales volume of P1 in overseas markets is good, this ratio will be changed due to the promotion of investment in IDG headquarters and the setting of option pools. The round of financing will focus on increasing the domestic market share.
On December 12th, a batch of business processes that required centralized processing came to an end. Fang Zhuo also saw the J10 advertisement shot by a third-party advertising company.
"Qiqi, how do you see the combination of this advertisement? I think it's okay."
In the president's office, Fang Zhuo read it several times and called his younger sister, who was concentrating on the notebook, over. He took Zhao Suqi with him in his recent work, intending to broaden her horizons, but he would not let her deal with affairs and give opinions. He just occasionally explained his thoughts to her.
"The music is still very good, but the phrase 'Listen to blue and white porcelain, just use J1' is very vulgar." Zhao Suqi expressed the most real feeling, playing the piano very well in front, and finally speaking the advertisement with J1 is more...
"To put it another way, it's down-to-earth. J1 is going to be a relatively popular consumer product, a high-profit machine before the fierce competition in the domestic market." Fang Zhuo said patiently, rubbing his pen.
Zhao Suqi nodded slightly, and asked, "Then is this ad launched together with J1?"
"I originally thought so, but after the last meeting, Li Lan reported to me alone, thinking that it would be better to launch the advertisement first." Fang Zhuo replied, "I think it makes sense, so this advertisement will be launched on 15 number began to replace our previous advertisements.”
Zhao Suqi said expectantly: "Brother, I want to see the power of music communication you mentioned."
"Well, when I go to New York, you can tell me online, let's witness it together." Fang Zhuo smiled at his sister.
There was a knock on the door of the president's office.
Administrative assistant Yuan Zhen walked in.
Zhao Suqi knew that her brother planned to arrange for her to go to other positions, but she didn't move temporarily because her energy was turned abroad. Now every time I see her, I always have a strange feeling in my heart.
"Mr. Fang, that Director Zhou and his team went to Jiangnan to play, and they said they don't need to arrange someone to accompany them, so I respect their opinion." Yuan Zhenhui reported.
Fang Zhuo nodded.
Yuan Zhen also reported: "But there is something very strange. A manager in their team asked me if I could extend the contract between our company and them. The price will not increase. I hope it will last to 7 years."
The contract signed this year is 100 million for four years. Although it was signed not long ago, with the music of Jay Chou's second album fermenting, the price of signing now will definitely be higher.
In this case, it is very strange to actively ask for the original price to extend the contract.
Fang Zhuo frowned and said, "Is this because his company and his personal interests are inconsistent?"
Yuan Zhen shook her head, and said again: "I asked someone to inquire about Jay Chou's company Alfa, but it's Baodao's company, and I didn't inquire about any useful information."
Fang Zhuo thought about it, and decided to inform Jay Chou about this matter, but he needed someone with a higher rank to contact him, so as not to cause any quarrel in the middle.
"Well, you don't have to deal with this matter."
He picked up the phone and called Liu Yangyang next door.
At this time, Yuan Zhen went to Zhao Suqi and showed her the document in her hand. It was the newly established Yike Investment Company with the words "Zhao Suqi" on it.
"Ah?" Zhao Suqi looked at her brother on the phone and was surprised in a low voice.
"Empty shell, no one." Yuan Zhen said softly, "Boss Fang asked me to open an overseas stock account for you, and deposited [-] U.S. dollars in it, saying it was for you to practice."
Zhao Suqi pursed her lips, she didn't study finance, her brother is really going to start cultivating some kind of financial witch... $[-] to practice...
Fang Zhuo's call ended.
Just as Zhao Suqi was about to ask, her brother's cell phone rang.
"Hey, hello, I can't hear you clearly, Mr. Pan, is your signal bad or my signal bad?"
Fang Zhuo dialed the phone, but couldn't hear the voice on the other side.
He said "Hello" twice, got up and walked to the window, still the signal was not good.
I just called Liu Yangyang, so it must be a problem with the other party's signal.
Fang Zhuo hung up the call, but he couldn't get through when he called back.
This abnormal situation made his heart skip a beat. The three heroes of An Liang Tang had already returned to New York, so they couldn't have caused Pan Ben's trouble by holding back the bad news, right?
Before the anxiety flooded, Pan Ben called again.
"President Fang." Pan Ben's voice was out of breath, and he gasped for two seconds before shouting two words in a loud voice, "Replenishment!"
Fang Zhuo was overjoyed because of these two words: "Where are you? Why is someone chasing you? Panting so badly? What's the situation with the replenishment?"
This time, Pan Ben complained after he recovered his breath, "Mr. Fang, when are you coming back? Kroger's channels are booming. I went to the warehouse today to check on the situation. It turned out that a worker had something to do at home. I helped carry it." All afternoon!"
"Okay, IDG's manager can lower his body and help carry the goods. What a spirit worth carrying forward. Before I go to New York, I must ask Mr. Xiong to praise you face to face!" Fang Zhuo praised repeatedly, and then asked, "Crow Is the sales feedback for the second week coming out?"
Pan Ben said loudly: "It will come out in two days, but we don't need to wait for their data. Just look at the volume of our own warehouse. The second week is definitely much better than last week. Kroger made up the volume twice in a row. Fifteen thousand."
It sold 1.7 units from Kroger's channels in the first week, and it must have exceeded 2 units this week.
Fang Zhuo knew the first week's sales in Shencheng. Judging from the data alone, it was driven by the promotion of the competitor's Ipod. Because it does not have a Windows version, those customers who are interested in mp3 players will naturally flow to their camp.
But this speed and this replenishment are still unexpected.
In other words, based on the sales in the past two weeks, it has been able to pay the interest on the funds that An Liangtang brought into Kroger Supermarket.
"Has Apple announced their monthly sales? Has Kroger given us biased publicity resources?" Fang Zhuo asked two questions on the phone.
"I don't know, I don't know." Pan Ben replied firmly with two words, he was really too busy to understand.
Fang Zhuo was short of breath.
Pan Ben complained: "Mr. Fang, if you're not here, I'm going to be crazy busy. Come back quickly. You have to decide many things by yourself."
"Okay, I'll go back to New York this Thursday." Fang Zhuo comforted, "I'll give you a bonus when I go back, green dollars, you hold on."
Pan Ben: "..."
For the sake of the dollar, don't complain for now.
Fang Zhuo finished the phone call and happily walked around twice.
There is no manpower to pay attention to foreign online public opinion, no manpower to vigorously promote publicity, no manpower to set up various channels, and this has achieved very good results.
Miller from IDG USA came back to attend the company meeting last time. The number communicated by the two parties was that the sales volume of the P1 reached 1 and the music management software for Windows was launched. It seems that the sales of the M1 may reach [-] units without waiting for the P[-]. .
The future can be expected, the future can be expected.
Fang Zhuo took a sip of herbal tea and calmed down for a while. The current situation is that Apple has not noticed the competing products on the market. Once they react...
As soon as they respond, the P1 with a further discounted price will arrive!
The current situation is still a battle!
That is, there is still a shortage of domestic technical personnel, and we still have to recruit talents in this field.
Just wait for the specific situation to come out in the second week, and the domestic side can start to develop a music management software based on the Microsoft system, which can be called iMusic.
Only himself and his sister were left in Fang Zhuo's president's office. He resisted the idea of smoking and went over the situation silently.
"Qiqi, let's see if we can find out about Apple's sales."
Fang Zhuo waved at his sister, and used Google to search for relevant information on the computer.
However, Zhao Suqi struggled to read a few lines by the side, and the entire page was pulled down, which was completely useless.
"Hey, look at this piece of financial news." Fang Zhuo didn't pay attention to this situation. After searching intently, he clicked on a report by a "Wall Street Journal" columnist.
- The Ipod released by Apple late last month was clearly a failure.
——According to insiders’ comments, the monthly sales volume of this product is not even [-] units. I think it will be difficult to save Apple today. Ipod has not aroused much interest from users. Jobs should think of other ways .
"At the end of last month? This is the news at the end of November, exactly one month."
Fang Zhuo thought about the time, and couldn't help laughing: "Look at others, if the sales volume does not reach [-], it is a failed product. Even the reporters are not optimistic about it. When I sell [-] to [-], I am so happy that I want to dance on the spot."
"I expect it to be different." Zhao Suqi stared at the screen half-understanding, feeling that his English level must be improved and improved.
"Yes, one is a company with a market value of 60 billion US dollars, and the other is a small workshop from Shanghai. You should be happy." Fang Zhuo closed the page and continued to search for information.
However, Apple obviously did not disclose sales volume. Some technology and financial news mentioned that Apple only analyzes the quality of products, and many people also mentioned the potential risks of music copyrights.
If it’s just selling hardware, it’s fine. Apple’s use of iTunes to process music is obviously wandering on the edge.
"Qiqi, I have to go to New York on Thursday. You should make up lessons. You can stay at home at night. If you are afraid, go to sleep with Teacher Xiao Su." Sister, "I asked Xiaoyuan to open an overseas stock account. You can try it out. Since you will learn finance in the future, you should know these procedures earlier."
"One hundred thousand dollars, brother, what should I do if I lose it?" Zhao Suqi was worried.
"If you lose, you will lose. It is less than two or three days' profit of M1." Fang Zhuo said calmly with the latest measurement unit, "But you can pay more attention to the few portal websites that went to the United States for listing. The market value of the market is obviously underestimated, and there will be a rebound.”
He added: "Oh, don't pay attention to Sina. The management is messy. Netease should be good."
Zhao Suqi silently remembered his brother's instructions, and planned to learn to look at the development of several companies.
Fang Zhuo was very indifferent to the $[-], chatted a few words about his sister's life and the hospital review, and after making sure she listened to it, he started calling Sun Qi in the supply chain.
The channel sales of Kroger Supermarket are doing well, and the orders for P1 and M1 can both be increased. Right now, we have to vigorously develop users while there are no competing products of the same system in the market.
Even lower profits are necessary for this.
Fang Zhuo considered IDG's intentions in the United States, and felt that he could contact them again when he returned to New York this trip. It would be best to have the opportunity to ask about music copyright through this channel.
There is another chapter in the code.
(End of this chapter)
Yike determined the main strategy of product promotion, and the department's execution soon began to follow up.
The brand spokesperson who was far away in Baodao received the call and set off to fly to the mainland.
The media company that the company is connected with starts to design the logo image according to the requirements.
The factory in Kunshan worked overtime for final debugging before assembly.
At the same time, Yike Group, with Shencheng Yike Technology as the main body, also began to go through the pre-establishment process. Fang Zhuo had to sign various documents in person.
There are rigid conditions for the establishment of a group company. For example, a national group requires the registered capital of the parent company to be more than 5000 million, and the total registered capital of the parent company and its subsidiaries to be more than 1 million. Moreover, it must have 5 holding subsidiaries.
In terms of registered capital, whether it is venture capital or shareholders, it is difficult to subscribe for capital on a large scale, and it is easy to have legal risks if it is quickly transferred through the bridge. But fortunately, intellectual property rights can be used as capital contributions.
According to the current law, intangible assets such as intellectual property rights can account for up to 70% of the capital contribution. That is to say, 5000 million of the parent company's 3500 million subscribed capital does not need to be paid out. Fang Zhuo only needs to use the product patent under his name to operate Just do a valuation.
As for the subsidiaries, the factory acquired by Kunshan, Shencheng Yike Technology, the third-party affiliated company that needs to be established in the option pool, and a newly established investment company by Fang Zhuo, so there are four.
Originally, Fang Zhuo considered that Guahao.com would be incorporated into the group, so there would be exactly 5 companies, but the cooperation of several venture capitals made him give up this idea, and instead spun off a magazine department from Guahao.com as a new company.
Fang Zhuo once asked Liu Yangyang to help create a magazine whose positioning was not very clear. Now the process is basically completed, and the people and framework have not been established, but as an independent company, there is no problem.
There are many affairs and procedures, and some things can't be done in a short while. Fortunately, the group company is not in a hurry to upgrade, and these can be done before the first round of financing.
As of December, Shencheng Yike Technology has three institutional shareholders and four natural person shareholders.
The investment of IDG Capital and Capital Today in the CCTV platform belongs to the angel round, followed by the follow-up investment of Shenxin Kechuang as the PreA round. IDG followed up with US$400 million, Capital Today invested US$200 million, and Shenxin Kechuang invested US$300 million.
The US$900 million raised in this round of PreA is an agreement to expand funds for overseas markets, which is targeted.
As a result, IDG Capital holds 13%, Capital Today holds 9%, Shenxin holds 8%, four natural person shareholders are Fang Zhuo holding 57.5%, Yu Hong and Su Wei holding 5.5% respectively, and Zhou Xin holds a 1.5 percent stake.
According to Fang Zhuo's plan, if the sales volume of P1 in overseas markets is good, this ratio will be changed due to the promotion of investment in IDG headquarters and the setting of option pools. The round of financing will focus on increasing the domestic market share.
On December 12th, a batch of business processes that required centralized processing came to an end. Fang Zhuo also saw the J10 advertisement shot by a third-party advertising company.
"Qiqi, how do you see the combination of this advertisement? I think it's okay."
In the president's office, Fang Zhuo read it several times and called his younger sister, who was concentrating on the notebook, over. He took Zhao Suqi with him in his recent work, intending to broaden her horizons, but he would not let her deal with affairs and give opinions. He just occasionally explained his thoughts to her.
"The music is still very good, but the phrase 'Listen to blue and white porcelain, just use J1' is very vulgar." Zhao Suqi expressed the most real feeling, playing the piano very well in front, and finally speaking the advertisement with J1 is more...
"To put it another way, it's down-to-earth. J1 is going to be a relatively popular consumer product, a high-profit machine before the fierce competition in the domestic market." Fang Zhuo said patiently, rubbing his pen.
Zhao Suqi nodded slightly, and asked, "Then is this ad launched together with J1?"
"I originally thought so, but after the last meeting, Li Lan reported to me alone, thinking that it would be better to launch the advertisement first." Fang Zhuo replied, "I think it makes sense, so this advertisement will be launched on 15 number began to replace our previous advertisements.”
Zhao Suqi said expectantly: "Brother, I want to see the power of music communication you mentioned."
"Well, when I go to New York, you can tell me online, let's witness it together." Fang Zhuo smiled at his sister.
There was a knock on the door of the president's office.
Administrative assistant Yuan Zhen walked in.
Zhao Suqi knew that her brother planned to arrange for her to go to other positions, but she didn't move temporarily because her energy was turned abroad. Now every time I see her, I always have a strange feeling in my heart.
"Mr. Fang, that Director Zhou and his team went to Jiangnan to play, and they said they don't need to arrange someone to accompany them, so I respect their opinion." Yuan Zhenhui reported.
Fang Zhuo nodded.
Yuan Zhen also reported: "But there is something very strange. A manager in their team asked me if I could extend the contract between our company and them. The price will not increase. I hope it will last to 7 years."
The contract signed this year is 100 million for four years. Although it was signed not long ago, with the music of Jay Chou's second album fermenting, the price of signing now will definitely be higher.
In this case, it is very strange to actively ask for the original price to extend the contract.
Fang Zhuo frowned and said, "Is this because his company and his personal interests are inconsistent?"
Yuan Zhen shook her head, and said again: "I asked someone to inquire about Jay Chou's company Alfa, but it's Baodao's company, and I didn't inquire about any useful information."
Fang Zhuo thought about it, and decided to inform Jay Chou about this matter, but he needed someone with a higher rank to contact him, so as not to cause any quarrel in the middle.
"Well, you don't have to deal with this matter."
He picked up the phone and called Liu Yangyang next door.
At this time, Yuan Zhen went to Zhao Suqi and showed her the document in her hand. It was the newly established Yike Investment Company with the words "Zhao Suqi" on it.
"Ah?" Zhao Suqi looked at her brother on the phone and was surprised in a low voice.
"Empty shell, no one." Yuan Zhen said softly, "Boss Fang asked me to open an overseas stock account for you, and deposited [-] U.S. dollars in it, saying it was for you to practice."
Zhao Suqi pursed her lips, she didn't study finance, her brother is really going to start cultivating some kind of financial witch... $[-] to practice...
Fang Zhuo's call ended.
Just as Zhao Suqi was about to ask, her brother's cell phone rang.
"Hey, hello, I can't hear you clearly, Mr. Pan, is your signal bad or my signal bad?"
Fang Zhuo dialed the phone, but couldn't hear the voice on the other side.
He said "Hello" twice, got up and walked to the window, still the signal was not good.
I just called Liu Yangyang, so it must be a problem with the other party's signal.
Fang Zhuo hung up the call, but he couldn't get through when he called back.
This abnormal situation made his heart skip a beat. The three heroes of An Liang Tang had already returned to New York, so they couldn't have caused Pan Ben's trouble by holding back the bad news, right?
Before the anxiety flooded, Pan Ben called again.
"President Fang." Pan Ben's voice was out of breath, and he gasped for two seconds before shouting two words in a loud voice, "Replenishment!"
Fang Zhuo was overjoyed because of these two words: "Where are you? Why is someone chasing you? Panting so badly? What's the situation with the replenishment?"
This time, Pan Ben complained after he recovered his breath, "Mr. Fang, when are you coming back? Kroger's channels are booming. I went to the warehouse today to check on the situation. It turned out that a worker had something to do at home. I helped carry it." All afternoon!"
"Okay, IDG's manager can lower his body and help carry the goods. What a spirit worth carrying forward. Before I go to New York, I must ask Mr. Xiong to praise you face to face!" Fang Zhuo praised repeatedly, and then asked, "Crow Is the sales feedback for the second week coming out?"
Pan Ben said loudly: "It will come out in two days, but we don't need to wait for their data. Just look at the volume of our own warehouse. The second week is definitely much better than last week. Kroger made up the volume twice in a row. Fifteen thousand."
It sold 1.7 units from Kroger's channels in the first week, and it must have exceeded 2 units this week.
Fang Zhuo knew the first week's sales in Shencheng. Judging from the data alone, it was driven by the promotion of the competitor's Ipod. Because it does not have a Windows version, those customers who are interested in mp3 players will naturally flow to their camp.
But this speed and this replenishment are still unexpected.
In other words, based on the sales in the past two weeks, it has been able to pay the interest on the funds that An Liangtang brought into Kroger Supermarket.
"Has Apple announced their monthly sales? Has Kroger given us biased publicity resources?" Fang Zhuo asked two questions on the phone.
"I don't know, I don't know." Pan Ben replied firmly with two words, he was really too busy to understand.
Fang Zhuo was short of breath.
Pan Ben complained: "Mr. Fang, if you're not here, I'm going to be crazy busy. Come back quickly. You have to decide many things by yourself."
"Okay, I'll go back to New York this Thursday." Fang Zhuo comforted, "I'll give you a bonus when I go back, green dollars, you hold on."
Pan Ben: "..."
For the sake of the dollar, don't complain for now.
Fang Zhuo finished the phone call and happily walked around twice.
There is no manpower to pay attention to foreign online public opinion, no manpower to vigorously promote publicity, no manpower to set up various channels, and this has achieved very good results.
Miller from IDG USA came back to attend the company meeting last time. The number communicated by the two parties was that the sales volume of the P1 reached 1 and the music management software for Windows was launched. It seems that the sales of the M1 may reach [-] units without waiting for the P[-]. .
The future can be expected, the future can be expected.
Fang Zhuo took a sip of herbal tea and calmed down for a while. The current situation is that Apple has not noticed the competing products on the market. Once they react...
As soon as they respond, the P1 with a further discounted price will arrive!
The current situation is still a battle!
That is, there is still a shortage of domestic technical personnel, and we still have to recruit talents in this field.
Just wait for the specific situation to come out in the second week, and the domestic side can start to develop a music management software based on the Microsoft system, which can be called iMusic.
Only himself and his sister were left in Fang Zhuo's president's office. He resisted the idea of smoking and went over the situation silently.
"Qiqi, let's see if we can find out about Apple's sales."
Fang Zhuo waved at his sister, and used Google to search for relevant information on the computer.
However, Zhao Suqi struggled to read a few lines by the side, and the entire page was pulled down, which was completely useless.
"Hey, look at this piece of financial news." Fang Zhuo didn't pay attention to this situation. After searching intently, he clicked on a report by a "Wall Street Journal" columnist.
- The Ipod released by Apple late last month was clearly a failure.
——According to insiders’ comments, the monthly sales volume of this product is not even [-] units. I think it will be difficult to save Apple today. Ipod has not aroused much interest from users. Jobs should think of other ways .
"At the end of last month? This is the news at the end of November, exactly one month."
Fang Zhuo thought about the time, and couldn't help laughing: "Look at others, if the sales volume does not reach [-], it is a failed product. Even the reporters are not optimistic about it. When I sell [-] to [-], I am so happy that I want to dance on the spot."
"I expect it to be different." Zhao Suqi stared at the screen half-understanding, feeling that his English level must be improved and improved.
"Yes, one is a company with a market value of 60 billion US dollars, and the other is a small workshop from Shanghai. You should be happy." Fang Zhuo closed the page and continued to search for information.
However, Apple obviously did not disclose sales volume. Some technology and financial news mentioned that Apple only analyzes the quality of products, and many people also mentioned the potential risks of music copyrights.
If it’s just selling hardware, it’s fine. Apple’s use of iTunes to process music is obviously wandering on the edge.
"Qiqi, I have to go to New York on Thursday. You should make up lessons. You can stay at home at night. If you are afraid, go to sleep with Teacher Xiao Su." Sister, "I asked Xiaoyuan to open an overseas stock account. You can try it out. Since you will learn finance in the future, you should know these procedures earlier."
"One hundred thousand dollars, brother, what should I do if I lose it?" Zhao Suqi was worried.
"If you lose, you will lose. It is less than two or three days' profit of M1." Fang Zhuo said calmly with the latest measurement unit, "But you can pay more attention to the few portal websites that went to the United States for listing. The market value of the market is obviously underestimated, and there will be a rebound.”
He added: "Oh, don't pay attention to Sina. The management is messy. Netease should be good."
Zhao Suqi silently remembered his brother's instructions, and planned to learn to look at the development of several companies.
Fang Zhuo was very indifferent to the $[-], chatted a few words about his sister's life and the hospital review, and after making sure she listened to it, he started calling Sun Qi in the supply chain.
The channel sales of Kroger Supermarket are doing well, and the orders for P1 and M1 can both be increased. Right now, we have to vigorously develop users while there are no competing products of the same system in the market.
Even lower profits are necessary for this.
Fang Zhuo considered IDG's intentions in the United States, and felt that he could contact them again when he returned to New York this trip. It would be best to have the opportunity to ask about music copyright through this channel.
There is another chapter in the code.
(End of this chapter)
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