Rebirth of the Wild Age

Beijing, Siheyuan.

The grapes in the yard are already lush with branches and leaves, and more than a dozen members of the Taurus Club are sitting under the grape arbor drinking tea to cool off.

Wang Chuanfu flipped through the various materials of Jinniu Capital and the simple reports of the companies in which he invested, and said in surprise: Shenzhou Technology's net profit in the first half of this year was 750 million yuan? This is too profitable!

750 million, not sales, not gross profit, but net profit, and only half a year's net profit!

Because China Science and Technology is not a listed company, it never discloses financial reports, and no one knows how profitable this company is. At this moment, the other members of the Taurus Club were stunned, and even doubted the authenticity of this simple report.

Song Weiyang explained: Shenzhou Technology's main profit point is PHS, followed by computers and mobile phones. U disks, repeaters, and handheld computers launched this year are also quite profitable. And the half-year net profit of 750 million yuan does not include The domestic and foreign patent licensing fees for USB don’t include the profit from investing in SMIC. Of course, starting from May this year, PHS will no longer be able to eat alone, and the competition will be fierce in the next few years.”

What is the current market share of PHS? Duan Yongping asked.

Song Weiyang said: About 80%.

The unique business of PHS has finally been divided.

It's not that the telecommunications sector has backtracked, but that Netcom is playing tricks. Since last year, Netcom has been involved in the PHS business, and the partners are two companies, ZTE and Lucent. But it's all small troubles, because Netcom's influence is not big, and China Technology has already occupied more than 99% of the market share.

But in May of this year, the telecommunications companies in the ten northern provinces, as well as Jitong Communications, were all merged into Netcom by the central government, and the pattern of Northern Netcom and Southern Telecom was formally formed.

As a result, more than half of the new PHS business in the northern market was lost in an instant, and was snatched away by ZTE and Lucent.

Shen Fuxing couldn't even discuss with the telecommunications department, because the leaders of telecommunications were also very depressed, and they lost ten provinces all at once. And Netcom is even more confident, because Shenzhou Technology signed an exclusive contract with China Telecom at the beginning, and this contract has no right to restrict Netcom's behavior.

In a rage, Shenzhou Technology sent a lawyer's letter to ZTE and Lucent: Little Smart is a legally registered trademark and has been permanently authorized by the original author. ZTE and Lucent are not allowed to use the name 'Little Smart'.

ZTE and Lucent were not moved at all, and continued to sell goods under the name of PHS. They took out the Notice on Regulating the Construction and Operation of Wireless Local Phones issued by the Ministry of Information Industry. This document directly refers to phones using the PAS system as Little Smart. It is the general term for all PAS system phones.

China Science and Technology immediately responded: First, the trademark registration of PHS, before the Ministry of Information Industry issued this document, the Ministry of Information Industry has no right to use existing trademarks as industry category names; second, the Ministry of Information Industry promulgated that The content of this document is 'pas Xiaolingtong, etc.', the word 'waiting' can be understood to mean that PHS is just a brand of the PAS system, rather than referring to all PAS system phones.

To put it bluntly, it is just picking words, and it is purely a muddled lawsuit, and Shenzhou Technology can't take the risk of offending the authorities to sue the Ministry of Information Industry and Netcom. If we really do that, the remaining business of China Unicom in China Unicom's territory will be lost, which is tantamount to completely giving up the northern market.

This kind of lawsuit will take at least several years, and the final result can be imagined. Most of the relevant departments came forward to coordinate and stipulate that PHS can only be used by China Technology, ZTE and Lucent, and China Technology can get a small amount of compensation at most.

hell!

As the saying goes, crying children have milk. The Ministry of Information Industry also felt that there was something wrong with China Science and Technology. After all, they released the registered trademark of a private company as an industry category in the document. In fact, Song Weiyang ran away from the relationship. He set the meeting of the Taurus Club in the capital this time because he had just done some activities in the capital.

As a victim, they should be compensated. Under the coordination of superior leaders, Netcom will continue to cooperate with China Science and Technology. That is to say, in Netcom's business halls, the PHS produced by Shenzhou Technology, ZTE, and Lucent can all be sold, and it depends on which product the consumer chooses to buy.

As for the southern market, it is still monopolized by Shenzhou Technology, and ZTE and Lucent have nothing to do about it, because China has not promulgated the Anti-Monopoly Law at this time.

...

Old Song, when are you going to list Sinotech? Guo Guangchang has been obsessed with capital operations for the past two years. He said, With the current excellent performance of Sinotech, once it goes public, it can easily raise billions of dollars.

Song Weiyang said with a smile: I will not choose to go public, because after going public, I will be responsible to investors, which will definitely affect the company's business development. Anyway, Sinotech is not short of money. Last year's research and development expenses exceeded 1 billion. Who would allow $1 billion a year in research and development?

Guo Guangchang said: You just need to maintain the control of the company. No matter how suspicious the investors are, the decision-making power is still in your hands. As long as you can produce good results.

It will definitely be affected, Song Weiyang said, shaking his head. This effect will be subtle and rooted in the blood of the company's top management. Every time a big decision is made, they will subconsciously stare at the stock price and consider the follow-up results.

It's a pity. Guo Guangchang regretted.

Song Weiyang said with a smile: If you are willing to exchange shares, we will jointly hire a third-party agency to investigate and evaluate.

Cao Dewang shook his head and said: Golden Bull Capital holds too many companies, and there are also a large number of high-quality companies. The valuation is tens of billions. We are all small businesses, and we need to use a lot of shares to exchange for Golden Bull A little share of capital.

President Cao is joking, Song Weiyang said, Your Fubo valuation is at least tens of billions, and you are in an anti-monopoly lawsuit with the Canadian Ministry of Commerce. This wave of equity replacement is fair and just, and voluntary belongs to the first Principle, and Jinniu Capital never intervenes in the operation of the investment company. If you are willing to exchange equity, if you don’t, just pretend that I didn’t say this, and we will still be good friends in the future.”

Duan Yongping suddenly smiled and said, I agree to exchange shares, and doing business with Lao Song will not lose money.

I also agree to exchange, so that the risk can be shared. Guo Guangchang was actually surprised by the performance of Shenzhou Technology.

Song Qizhi raised his hand and said, Although Xianjiu Group is not big in size, it is worth a few dollars. I can exchange a little.

I support Lao Song! Cai Zhiping followed suit.

The most affected by the butterfly effect is Cai Zhiping. In another time and space, he has been in the business world for decades, and the total assets of the enterprise are only 7 billion yuan. Now under the direction of Song Weiyang, he has devoted himself to the commercial real estate field in advance, and has been buying land and building shopping malls in the lower reaches of the Yangtze River (mainly for the textile market, and there are also comprehensive stores). Personal assets are already nearly 2 billion.

Cai Zhiping has a deep understanding of Song Weiyang's ability to eat meat.

Li Sufu smiled and said, Then I'll change some too.

Brothers Liu Yonghang and Liu Yonghao did not agree on the spot, but after discussing privately, they both decided to conduct a small equity exchange with Jinniu Capital.

The most embarrassing is Zhang Xuanlong, this man is called the godfather of Zhongguancun, but his personal net worth is the least among the members of the Taurus Club. In the past two years, in order to prevent an equity transaction of the Founder Group, he directly fell out with the boss of Founder. His good friends for many years almost broke up. He even sold the shares of Founder at a low price in a fit of anger, and resolutely resigned from the company's board of directors.

Facts have proved that Zhang Xuanlong's original worries were correct, and that equity transaction made a mess of Founder Group.

Just a few months ago, Zhang Xuanlong was invited back by Founder Group to serve as the chairman of the board of directors of Founder Holdings. This company is a subsidiary of Founder Group, which is responsible for software development and system integration business, and is also responsible for the overseas sales of Founder products (including Hong Kong, Macao and Taiwan).

Zhang Xuanlong smiled wryly and said, I won't get involved. Founder's internal situation is too complicated, and the equity replacement must have messed up a lot. Maybe someone will report secretly.

Understood. Song Weiyang said.

The matter was settled like this. Except for Zhang Xuanlong, all other members of the Taurus Club participated in the equity replacement. The specific details of the operation have to be evaluated by a third-party organization. I am afraid it will be difficult to complete the relevant transactions within this year.

In the future, Song Weiyang plans to build a private joint-stock bank for fun.

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