Xiao Bai and Qi Yuefeng happily returned to Shencheng and began to prepare for the production of mobile phones."
Dong Xiao, what are your instructions on production?
Do we build our own production line, or do we still hand it over to BOD Electronics?
”Qi Yuefeng actually still wants to take the road of foundry, but BOD Electronics currently has only one production line doing OEM production of mobile phones, and he doesn't know Wang Chuanfu's thoughts."
Let's find a BOD electronic foundry."
They are all enterprises under the Times Department, and the safety of the industrial chain is still guaranteed.So Xiao Bai then called Wang Chuanfu, plus Qi Yuefeng, and the three of them had a small meeting.Wang Chuanfu didn't say anything, it doesn't matter if he builds an extra production line, but the financial pressure on the BOD company's side is a little great.According to Xiao Bai's instructions, BOD is making counter-cyclical investments, first in the production of nickel-cadmium batteries and then in the construction of a new factory.In addition, the current mobile phone production line has only recently been completed, and it has just begun to do OEM production for Ericsson, and the investment is far from being recovered."
Mr.
Wang, let's take out a loan first, the investment in a production line is not very large."
Xiao Bai does not plan to increase capital and shares for the time being, and after next year, he plans to try to let BOD go public in Xiangjiang.Of course, the domestic A-share market can also be considered, but the A-share listing is very troublesome, and I don't know if it can be ranked.Xiao Bai finally agreed with Wang Chuanfu that BOD Electronics would find a way to solve the financial problem and invest in a new production line for 2G mobile phones.The specific matters of OEM were discussed between Qi Yuefeng and Wang Chuanfu, and Xiao Bai did not participate.As soon as he returned to the office, Wen Qin told him that Wei Feng had called before, saying that he asked Xiao Bai to have time to contact him."
Old Guard, what's the situation?"
Xiao Bai asked Yang Yan to make a cup of coffee, and then sat at the desk and dialed Wei Feng's phone."
Dong Xiao, today a foreign investment institution came to the door and said that he wanted to give us a venture capital.The specific amount is $25 million, and they want to take 30% of the equity.I can't do anything about this, so I called to ask for advice. ”The institution that Wei Feng said was Da Mo, and the other party also threw out a bait to help Times Network Company go public in the United States.In fact, to put it bluntly, they took a fancy to Times C.com."
Old guard, you keep in touch with them first.It's a bit more complicated, and I need to think through it before I can make a decision. ”Xiao Bai didn't refuse, but when dealing with these financial institutions in Lao Mei, he had to have an extra mind.It is his goal for Times Network or Times C Network to go public in the United States, and it may not work to prevent these institutions in the United States from eating a little meat.But when it comes to how much benefit needs to be sacrificed, you need to think about it."
Okay, Xiao Dong, I know what to do next."
Wei Feng has reached this level, which can be described as trembling and walking on thin ice.Without Xiao Bai's overall plan, he wouldn't even know how to develop the company.Fortunately, Xiao Bai trusted him very much, and equipped him with two capable assistants, so he achieved today's results.Xiao Bai didn't say much, he was still very relieved about Wei Feng's execution.However, if you want to go public in the United States in the future, it will definitely not be in the name of Times Network, but to list Times C online, which is the most valuable part.After hanging up the phone, Xiao Bai began to concentrate on official business.When he returned home in the evening, Xiao Bai calculated the time and made a call to Liu Xiaoling."
Brother Xiao, haven't you slept yet?""
Well, it's still early and I can't sleep.Xiaoling, there is one thing that you need to do.Da Mo took a fancy to Times C Network and wanted to make venture capital.You and Yixiong go and get in touch with them, the first round of investment, I hope Chenfeng Capital and Da Mo will lead the investment together. ”Xiao Bai's meaning is to introduce two investment institutions, so as not to ask for a sky-high price.In addition, M&Wind's own obligation is to help Times companies go public in the United States, which is also one of their responsibilities."
Okay, I'll discuss it with Mr.
Liu when I go back, and then I'll go find Da Mo."
Liu Xiaoling smiled slightly, after waiting for so long, she finally waited for the first company in the Times Department to go public in the United States.Afterwards, Xiao Bai chatted with the other party for some common words, and after half an hour of phone porridge, the two of them reluctantly hung up.The next day.Xiao Bai talked to Wei Feng on the phone again, and he asked the other party to separate the assets of Times C Network, but to leave some of his own technology in Times Network Company.When Times C Network establishes a new company, a founder's protection clause is added, and the original shareholders will have 10 votes per share, and later shareholders will only have 1 vote per share.At the end of 1997, SHD was established in a low-key manner.This company refers to Times C.com, which is a brand new portal.However, it is a bit embarrassing that the news content of the portal website has not obtained news gathering and editing permission, and there is no clear definition of this new thing in China.However, fortunately, the regulatory authorities also turned a blind eye to the Times C network, and the first domestic portal continued to move forward in this situation."
Xiaowen, inform Mr.
You, Mr.
Jiang, Mr.
Wang, and Mr.
Wei that they will go to the headquarters building for a meeting next Tuesday morning, and they are not allowed to be absent."
Xiao Bai now consciously pulls Juwenson, Jiang Youwei, Wang Xuming and others into the decision-making circle, so whenever the companies under the Times Department encounter major problems, they will be called together for a meeting.But this does not include Xu Changqing, Xu Changqing's task is very heavy, and the entire AUO Microelectronics Group needs him at the helm, and it is not appropriate to be distracted for the time being.Wang Chuanfu's situation is similar to Xu Changqing's.As for Wei Feng, because he is a party, he must also attend the meeting.From the issuance of the meeting notice to the meeting, Xiao Bai stayed for a week.The main reason is that Juvinson is still in the field and has not returned, and the other is to leave some opportunities for Wei Feng to contact Da Mo.While Xiao Bai was preparing, Liu Xiaoling and Liu Yixiong also went to Da Mo's headquarters.At first, the other party didn't pay attention to the two, and Chenfeng Capital was not well-known in North America, so naturally it would not be in the eyes of Da Mo.However, when Liu Xiaoling said about the project of Times C, Da Mo changed his attitude.At present, the Internet craze has just emerged, and Da Mo has evaluated that this is an investment outlet, which will bring several times or even dozens of times the return on investment in the future.Although the investment is not much, Da Mo attaches great importance to it.Since Chenfeng Capital can find the door, it means that the other party is inextricably linked with the network company in Huaxia."
Mr.
Liu, it doesn't matter if we invest together in this round of venture capital, but there is one clause, and the subsequent negotiations must be dominated by us."
Da Mo's attitude is very resolute, knowing that Chenfeng Capital is related to Times Network, and a fool will not give up the lead in negotiations.Liu Xiaoling and Liu Yixiong exchanged opinions, and then said: "Yes!
However, we need to be involved in the whole negotiation process. ”Da Mo is afraid that Chenfeng Capital will sell its own interests if it leads the negotiations, and Chenfeng Capital also needs to monitor and learn from the whole process.For this request, Da Mo agreed.After coming back, Liu Xiaoling called and told Xiao Bai the result.After listening to this, Xiao Bai probably had a number in his heart.On the day of the meeting, Jiang Youwei and others were all present, and even Juvinson and Wei Feng rushed over from other places."
Today's meeting is about the first round of financing of Times C.com, as well as the listing in the United States and other related topics.Xiao Bai presided over the meeting, and Wei Feng first spoke, introducing the ins and outs of the whole thing."
Mr.
Wei, I have a question.There should be no shortage of funds in our era department, if you really need to invest, so many companies can contribute a little bit to you for each one.So why would you even take on venture capital?
What's more, the portal is equivalent to the electronic version of the media, so there should be no need for listing and financing, right?
”If you don't understand, ask if you don't know, Juvinson is opposed to the introduction of Da Mo.Wang Xuming then said: "I partially agree with Mr.
You's opinion, if we really need to increase capital and expand shares, we Times International Investment will have the strength to complete it alone." ”Jiang Youwei thought for a while and said: "I personally understand that network companies are not the core industry of our times, and Chairman Xiao should want to try to lay the foundation for other companies to go public in the United States in the future." ”Xiao Bai listened quietly to the speeches of several people, and did not express his position immediately.In fact, in addition to wanting to reap a wave in this Internet boom, there is also a problem in establishing a Times Network company, which is the problem of having a certain right to speak.In the early days of the Internet, portals represented information and public opinion.In fact, whether it is a social platform or a short video website in the future, it all originated here.The decline of the portal in the later period is not a question of its own value, but of profitability.In addition, after the new millennium, the country joined the WTO, and the domestic economy began to accelerate its integration into the world economy.The use of funds and technology from the United States is an indispensable path in the development process.Crossing the river by touching Lao Mei is not only a joke, but also a reality.The question is that Lao Mei is a master who can only take advantage and can't suffer, can he let you develop in vain?
Therefore, if you want to use other people's funds, you have to make a profit!
Throughout the new millennium, many of the best companies in China chose to go public in the United States.And in this process, the financial institutions of the United States also made a lot of money."
Let me say a few words, the future development of the Internet is unstoppable, and Internet companies will eventually find their own profit logic.Bringing in North American venture capital and going public in the U.S. is one of the many options worth trying.You should have a deep experience, so I won't say more. ”Xiao Bai can not say much, integrating into the world economy is the best choice at present, there is no one.Therefore, after a long and arduous negotiation, the country finally joined the WTO, and the domestic economy began to take off.But the logic is complex, and it's not just economic.