Rebirth 1999: Opening the Age of Black Technology

The most fundamental reason why Xu Li is so determined to quit the mobile phone industry is that he is quite aware of the embarrassing situation that Bird is currently facing.

If you want technology, there is actually no technology for waveguide.

Seven or eight years ago, at that time, Xia Guo's license for producing mobile phones was not something that could be obtained just by wanting it. It needed competition and relationships.

Therefore, only a small number of mobile phone manufacturers can obtain mobile phone production licenses.

Bird wasn't particularly lucky and didn't get a cell phone production license.

But Xu Li turned the curve to save the country. Introduced the technology and production lines of Sagem, the largest mobile phone manufacturer in France.

It produced more than 20,000 mobile phones at once, and bypassed the embarrassing situation of obtaining mobile phone production licenses from China, and directly used Sagem's domestic mobile phone production licenses.

At that time, mobile phones were dominated by overseas brands, such as Motorola, Nokia, Samsung Ericsson and so on.

The cost of feature phones dropped immediately after Bird Cell phones were able to produce their own phones.

So after several years of hard work, it has become the first mobile phone brand in Xiaguo, and it has an industry of tens of billions.

However, since last year, although the sales of Bird's mobile phones have increased, it can't make any money by selling a mobile phone, and it is still losing money without limit.

This has resulted in the entire downtime of the waveguide production line so far.

Now is the era of smart phones. There is no way for Waveguide to develop its own operating system, or even to buy a matching chip. It can only be used as a feature phone. This is the technical disadvantage of Waveguide.

The market for waveguides is also shrinking on a large scale.

After all, at present, the country has cancelled the review system of mobile phone licenses.

As long as you have the corresponding production equipment that meets the corresponding network access requirements, you can produce mobile phones.

Feature phones don't have any special advanced functions, nothing more than making calls, texting or adding a photo function.

Such mobile phones rely on component assembly.

Many copycat mobile phones that waveguide can do can also do.

In addition to the price of the mobile phone is many times cheaper than the waveguide, there are many creative ideas that the waveguide can't even imagine.

For example, the exaggerated marquee, the loudspeaker sound, the large battery that does not need to be charged for a month of standby, the mobile phone that can be used as a torch or a lighter, and so on.

Under the impact of copycat mobile phones, Xu Li felt that there was no market for mobile phones after all.

Therefore, Xu Li's decision at this time was the same as when he decided to quit the pager and enter the mobile phone industry. He wants to quit the mobile phone industry and enter the auto industry.

He is very optimistic about the auto industry, because he believes that as the country's economy develops, more and more people will drive cars.

Bird's willingness to enter the automotive industry is not Xu Li's decision.

Xu Li has already tried to cooperate with NAC New Yatu in 2003, acquired 36% of the new Yatu shares, and launched the new Yatu car in 2004.

However, as the cooperation between the two sides appeared cracks, Bird fully divested.

In 2005, Xu Li found Xincheng Group in Xiangjiang City to set up an engine company and acquired Shenma Automobile.

However, Xu Li's dream of building a car was shattered once again without obtaining the qualification for car production.

Then Xu Li found Changfeng Motor again, and the current cooperation between the two parties also appeared some cracks. The most important reason is that the funds of Bird did not keep up.

Producing a car is like smoking dp. After a steady stream of capital investment, there is indeed no effect. But I couldn't help but keep investing.

Xu Li was very flustered when he watched some joint venture car companies whose assets instantly exceeded 10 billion in market value to 100 billion RMB.

Because he knows very well that making a mobile phone sells for one or two thousand yuan. It will never reach this level.

Xu Li is also ready to throw away his negative assets, mobile phone business, and devote himself to the production and research and development of automobiles.

After turning off the TV in the office, the secretary called Xu Li.

"Hello Mr. Xu, the guest you are waiting for has arrived."

Hearing this, Xu Li quickly stood up and said, "You invite the guests to drink tea in the conference room first, and I'll come over immediately."

Xu Li and Bird's board of directors hope to find a powerful company to take over Bird's mobile phone business.

But in 2007, in the era of change in the mobile communication business, in the era when Nokia was able to dominate the rivers and lakes.

Many big companies are very rational and dare not take over a mobile phone company like Bird.

After all, getting it is one word - death!

So Xu Li and Bird's team still spent a lot of thought.

On the one hand, it is to package Bird's mobile phone business and process financial data through technical means, so that the receiver can feel that buying Bird's mobile phone business can make money.

On the other hand, it is to find various bigwig-level people in the Shenzhen market as a middleman.

I hope the intermediary can find a way to sell the Bird's mobile phone business and find a suitable pick-up man.

Of course, the brokerage fee is definitely indispensable.

Although Xu Li said that he has not announced it to the outside world, but the agency fee!

There should be 1‰ points by default.

At present, Xu Li's Bird's mobile phone business is priced at 2 billion yuan (Bird is a listed company with a current market value of 2.3 billion, and the current tradable shares are about 40%, and Xu Li and other Bird's senior shareholders hold 60%).

The reason why the price is 2 billion is because it is hoped that the new shareholders can pay off the debt of more than 500 million to nearly 600 million of Bird.

What the top executives of the waveguide asked for was 1.2 billion to acquire 60% of the non-tradable shares of the waveguide to solve the debt problem of the waveguide.

The big boss in the Shenzhen market has already spoken to Xu Li and found a major buyer.

There is absolutely no problem with the other party's funds, and Xu Li is absolutely satisfied.

That's why Xu Li was so nervous after receiving the call.

Because in all fairness.

At this juncture, Xu Li felt that those who were willing to buy Bird were either fools or fools.

No matter how beautifully packaged the project is, it can't stand the gold and jade, and it's a failure.

Xu Li sorted out his suit and came to the conference room.

"Hello, Mr. Liu, hello!" Liu is always the middleman that Xu Li asked for, and he is also the leader in charge of corporate and financial affairs in Shenzhen.

After Mr. Liu and Xu Li gave me a hand, they introduced the people around them, "Mr. Xu, this is the executive director of Changtian Technology and Sun Dong, the general manager of Yuedong Internet!"

After hearing Mr. Liu's introduction, Xu Li was stunned.

It turns out that the boss-level company introduced by President Liu is actually Changtian Technology!

Although Sun Dongxu Li has never met, he has long admired the name.

Yuedong Internet controlled by Sun Dong, with the bull market in the A-share market, the current share price has reached 150 yuan, and the market value has exceeded 100 billion RMB.

At present, the total market value of Bird is only 2.3 billion, and there are 500 million close to 600 million liabilities.

The two sides are not a company of size at all.

If Bird can be acquired by Changtian Technology, Xu Li feels that he has found a good buyer for Bird, and he has absolutely no problem in raising funds for car building.

This time Sun Dong came to Shenzhen to negotiate business with Bird, which was also arranged by Chen Xiao.

To enter the mobile phone market, Chen Xiao must first test the waters.

Chen Xiao also calculated a general ledger, even if Changtian Technology has mature mobile phone production technology.

If Changtian Technology builds its own production line (currently Tiangong Technology's production line is still serving Nokia, both parties have a contract, it is impossible to extract it for the production of Changtian Technology's mobile phones), and then start from scratch to find suppliers of raw materials , to build sales channels (in 2007, online shopping was not as developed as later generations, and the sales channels of mobile phones were mainly offline), then the funds spent must not be less than 2 billion.

The reason why Chen Xiao chose Bird as the acquisition target.

What we value is the mature production chain, raw material channels and sales market of Bird, as well as the good reputation.

Of course, Chen Xiao did this not to save Bird.

Instead, we are going to use the waveguide as a springboard to get familiar with the mobile phone market gameplay in this era, and finally kick the brand of the waveguide completely.

Chen Xiao has calculated his income before and after.

Before kicking off the brand of Bird, Chen Xiao will definitely double the market value of Bird, so that he can make a steady profit.

Moreover, Changtian Technology has just sold the 3G business of Mozi Communications, making a full 350 billion RMB.

Men make money to spend.

To make small money, buy toys, buy games and buy computers.

Make a lot of money to buy a car and buy a house.

To make a lot of money, of course, is to buy a company.

Just play anyway.

And before Sun Dong came to Shenzhen.

Changtian Technology has already taken some actions.

On the circulation market of A shares, it has spent nearly 300 million RMB, and has acquired Bird, nearly 15% of the shares.

That is to say, of the current 40% of the outstanding shares, 15% are already in the hands of Changtian Technology.

However, all of this was done through the brokerage company, so the outside world was not aware of it, and Bird's stock price has been falling, and it has not improved in the slightest.

The current market price is 4 yuan 1 hair 9.

"Hello, Mr. Sun, hello, I have long admired my name, I have long admired my name!"

Xu Li was quite excited, as if he saw a great savior.

Xu Li immediately reported to Sun Dong the current operation of Bird and the relevant conditions for the sale.

Sun Dong didn't have the slightest air, and when Xu Li spoke again, he didn't speak and listened patiently.

In the end, Sun Dong put forward his four demands.

"The first requirement is that we will send an independent audit team to conduct a complete audit of your company's financial situation, and give a corresponding assessment report, which meets our corresponding requirements before we make an acquisition."

"The second requirement is that if we do not find that the company does not meet our acquisition requirements after the audit, or if we find any financial false information, we will immediately terminate the negotiation. So we hope not to provide us with false financial information. "

When he said this, Sun Dong smiled.

At this time, Sun Dong was much more murderous than playing games in Internet cafes.

Following Chen Xiao for so many years, Sun Dong also relied on self-study to complete his undergraduate and business administration, and master's studies.

It is no longer the yellow-haired youth who yelled in Internet cafes and wanted to hack people at every turn.

Xu Li's face couldn't be hung up.

He can hide his financial situation in front of other companies, but in front of Changtian Technology, he dare not.

Changtian Technology can grow into such a huge technology company. It has a dedicated financial team. Its capabilities are larger than those in the world, and it will not be inferior in the slightest.

"The third requirement is that we will re-evaluate according to the audit report, so we do not fully agree with the quotation that Mr. Xu gave us."

"The fourth requirement, in the process of auditing, proves that the negotiations between our two sides have not fully started, so according to the relevant requirements, we can not announce the corresponding news to the outside world, which can ensure the stability of the stock price. Any dramatic irrational increases in share prices during the period we audited."

This is to prevent some speculators, especially some senior executives of Bird, from thinking of ways from the securities market to take advantage of this news to seek illegitimate benefits.

Gu Luo

Xu Li's heart skipped a beat, he knew this was a chance for Bird.

If you can seize this opportunity, then you may be able to retire from the waveguide and devote yourself to the production and research and development of automobiles.

So he said: "President Sun, please rest assured, we will do our best to cooperate according to the arrangement of Changtian Technology!"

Changtian Technology's work has always been vigorous and resolute. It will not be like some companies negotiating with Xu Li, talking nonsense and saying a lot of nutritious words.

Negotiations between the two sides reached a preliminary agreement in just two hours.

Early in the morning of the second day, the audit team of Changtian Technology officially settled in Bird Company and kept the whole process confidential.

The head of the audit team is Wen Qi.

In recent years, Wen Qi has been able to take charge of herself and become Chen Xiao's right-hand man through experience.

Wen Qi was wearing a clean and well-trained professional attire, with refreshing short hair that matched her ears.

Compared with the school days, he is more mature and more attractive.

When Xu Li watched Wen Qi and the others check in, his heart sank.

Because he knows that women are not easy to mess with, especially women who are knowledgeable and literate.

The work efficiency of the audit team is very high. After entering the site, the audit plan will be completed first, and then the investigation and evidence collection will be started. It is expected that the audit task of Bird Group will be completed within two weeks.

After finishing a day's work, some tired Wen Qi returned to the hotel.

At this moment, Wen Qi's cell phone rang.

When she saw the caller number, she quickly adjusted her mood.

"Chen Xiao."

Although the two are now subordinates, but because the two are classmates, and the relationship is particularly close.

Therefore, except in formal workplaces, Wen Qi is used to calling her by her first name.

"How do you feel about entering the arena these two days?"

Chen Xiao asked with concern.

Wen Qi said wearily, "One word, mess!"

"The entire financial information is very messy, and it is hard to imagine that this is a listed company."

In fact, the messy financial information is not just a company of Bird. In this era, most of the listed companies in Xiaguo are a mess.

All kinds of counterfeiting are quite common.

Wen Qi said with some complaints: "I don't think we are doing auditing, we are here to help them with finance."

Chen Xiao laughed dumbly, "Come down, go out and relax."

"Ah!" Wen Qi said in surprise, "Are you in Shenzhen?"

Chen Xiao said, "I'm downstairs."

"I'll come down right now!"

What could be more surprising than this?

Wen Qi swept away her exhaustion at work and prepared to go downstairs with her bag.

But suddenly she thought of another thing.

He quickly turned back to the bathroom and looked at himself in the mirror.

Well, his face is a little pale, and his complexion is not very good.

Wen Qi's skin is as good as Shen Wei's.

Whether in school or at work, there is basically no make-up.

But girls, always want to show their best side in front of the most important man.

So she took out another lipstick from her bag and smeared it on her lips.

Lipsticks are especially magical cosmetics.

As long as the lips become rosy, the whole person's complexion will become completely different.

Chen Xiao sits in a Mercedes-Benz S450.

Wen Qi looked at the license plate number and immediately knew that Chen Xiao had borrowed Wu Jun's car to play again.

She couldn't help laughing, and said with some joy: "Why did you suddenly go to the Shenzhen market?"

After Chen Xiao told the driver's part-time bodyguard Ye Qiangdong, Ye Qiangdong drove towards Xiaomeisha.

Ye Qiangdong is one of Chen Xiao's most trusted people, so no matter if Chen Xiao is talking or doing things, he will basically never shy away from him.

Chen Xiao said: "The winter wind in Changze Island is relatively strong. I'm not afraid of the cold. It should be warmer here in Shenzhen."

Although Nagasawa Island is by the sea, it is in the eastern part of the Xia Kingdom.

Affected by the subtropical monsoon climate, the wind in winter is relatively strong and the temperature is relatively low.

The Shenzhen market has an oceanic subtropical monsoon climate, and the climate is warmer.

Wen Qi couldn't help laughing.

Chen Xiao said: "Didn't Wu Jun send me a villa, it's in Xiaomeisha, only about half an hour's drive away."

"A few of them have a barbecue and supper inside. I will take you there to join in the fun, and it can be considered to relax."

After arriving at Chen Xiao's villa, Chen Xiao said to Wen Qi, "I have something to do in Shenzhen during this time, and I don't live here at the villa. If you don't think it is very convenient to stay in a hotel, just stay here. Brother arranges it for you, it is convenient to use a car or anything."

There are two reasons why Chen Xiao made such an arrangement.

First, he and Wen Qi had a friendship from their school days, not a complete relationship between superiors and subordinates. Chen Xiao still took good care of Wen Qi.

The second reason is that the pressure of auditing Bird's company's operation is still relatively high.

Bird's side will definitely find ways to make their finances look better, and they will try their best to put some pressure on Wen Qi.

Chen Xiao didn't want Wen Qi to work in a stressful environment, so the hotel was not a particularly safe place.

Let Ye Qiangdong follow Wen Qi here, and let Wen Qi live in the villa, and also hope that Wen Qi will feel at home and can relax at work.

Wen Qi had some surprises, but she was really moved slowly in her heart.

She waved her hands again and again and said, "No, no, I'm fine in the hotel, and Bird's side is also a five-star hotel, and the accommodation conditions are quite good."

Chen Xiao smiled and said to Wen Qi, "Where is there a comfortable home in the hotel, that's how it's arranged."

Wen Qi showed a sweet smile and did not refuse.

She has been with Chen Xiao for so many years, and she knows Chen Xiao's character too well.

Don't argue with him about something that has already been decided.

Wu Jun arranged a dinner party in the villa.

However, the atmosphere is very relaxed, and Chen Xiao's villa is connected to the sea.

On the beach near the sea, there is a bonfire and barbecue music, and the atmosphere is very relaxed.

Wen Qi knew this, why did Chen Xiao invite him to the party?

On the one hand it must be to relax yourself.

On the other hand, everyone who came to the party brought their female companions, including Sun Dong who didn't know where to get a girl to dance with him.

So Chen Xiao asked Wen Qi to be with him, and it was a matter of course.

Thinking of this, Wen Qi's face was a little red, but she also had some strange feeling in her heart.

Look at the gentle rolling waves under the light.

Wen Qi suddenly had a feeling of enjoying the moment.

It would be great if time could stop here and feel the comfortable sea breeze.

The next two weeks will be the busiest time for the audit team.

At the time point requested by Chen Xiao, Wen Qi's audit team completed the audit report.

The audit report has a total of more than 100 pages, covering all aspects of the operation of the waveguide.

Chen Xiao flipped through the report and found that Bird's business situation was worse than Chen Xiao imagined.

Sales of the entire mobile phone are almost at a standstill, not only in production but also in destocking.

The sales volume is even more pitiful, and the sales volume last month was only a few thousand units.

The most frightening thing is that the current mobile phone competitors of Hebo are not first-tier brands such as Motorola and Nokia.

But all kinds of Shanzhai mobile phones that have never heard of the name.

However, one thing that is better is that the supply and marketing system of the waveguide is still relatively complete.

It also maintains a good cooperative relationship with major raw material suppliers.

A man can be sick, but his blood vessels and tendons cannot be blocked.

At present, Bird is like a sick enterprise, but his physical function is not bad.

Chen Xiao said to Sun Dong after the detailed research report: "At present, the market value of Bird is 2.3 billion RMB, and the price is still too expensive. According to the audit report, about 1.8 billion is more reasonable."

"You negotiate with Xu Li according to 1.8 billion RMB. According to 60% of the shares, which is 1.08 billion, we bid 1.05 billion."

Men have money to buy toys.

It's not that you can't bargain when you look at toys.

Any toy still has its fair value.

After Sun Dong accepted Chen Xiao's order, he immediately started a new round of negotiations with Bird.

When Xu Li learned about Changtian Technology's offer, the whole person was blown up.

From 1.2 billion to 1 billion ~www.readwn.com~ million, it has shrunk by 150 million.

This is absolutely unacceptable to Xu Li, who is extremely short of funds.

Xu Li was the first to express his objection. Of course, his tone was very euphemistic, and he didn't want to let this negotiation go to waste.

Xu Li moved with emotion, understood with reason, and hoped that Changtian Technology could increase the price.

Sun Dong never talked nonsense with Xu Li. Benefiting from Chen Xiao, Changtian Technology began to sell the Bird shares it had acquired from the market in batches.

Bird shares fell by the limit continuously, and there was news that Bird would go bankrupt in the market.

After being severely beaten by the capital market, Xu Li suddenly realized.

Changtian Technology is not negotiating conditions with the waveguide, but the conditions given determine the acquisition of the waveguide.

There is no objectionable option.

Only agreed options.