Chapter 265 The Obedient Hu Weiwei
"Wow."
The door was pushed open forcefully. Song Anli and the others stood up to greet them in confusion. Xie Jingxing, wearing a hospital gown, stopped by holding the door handle. Huang Zhang and Bai Yongxiang stood inside with surprised expressions.
The sunlight outside the window quietly penetrated the ward, and the young nurse who heard the noise rushed the patient back to the bed.
"Bed 11, many people in our hospital like you. You must cooperate with us and set an example of a positive doctor-patient relationship. Don't remove the needle yourself."
The young nurse reinserted the infusion needle as if coaxing a child and left the ward. Song Anli stood by the window with her arms folded, looking unhappy. Huang Zhang awkwardly held the disposable paper cup containing cigarette butts.
Bai Yongxiang took out a document from his briefcase and placed it on the bedside: "Mr. Xie, please take a rest first. We'll talk about the company's affairs later."
"Everyone knows your efforts. Let's think about it again."
Huang Zhang was not good at speaking politely, so he added dryly. The two then said goodbye and left, each holding their own stance and having no intention of compromising.
Half a year ago, when Xie Jingxing first arrived, he boasted about making chips. This was the last bargaining chip that overwhelmed Huang, Bai and all the executives of Meizu to accept financing, but they expected it to be a few years later.
As the mobile phone industry enters the stock market, the performance growth generated by speculative product development stagnates, and competitors must embark on the path of self-developed chips and transform into mid-to-high-end brand positioning in order to obtain performance growth points with high premiums and high profits for their products.
However, production capacity is the biggest constraint on performance growth today. It is far from the point of competing for high-end premiums. Except for Huawei, all domestic mobile phone manufacturers have no motivation to develop their own chips, let alone enter the chip manufacturing field.
Meizu has a team of executives who receive stock options, Alibaba who is seeking to acquire the underlying operating system for mobile phones, and Huang Zhang who treats the company as his own private property.
After all, Xie Jingxing was only the second largest shareholder and CEO with a 10% stake. No one had the obligation or need to accompany him in challenging the illusory sense of strategic crisis.
Even if the chips are banned from sale, it is definitely not just Meizu. If everyone is banned from selling, it is equivalent to nothing happening...
"I'm guilty of wishful thinking again."
Xie Jingxing put down the thin sheets of paper in his hand and summarized his problems. Song Anli glanced at the contents, which were financial tables.
Before Huang Zhang and Lao Bai came today, they asked their subordinates to make an estimate for the financial report. Thanks to the success of Meizu MX4Pro, the total revenue for the 2014 fiscal year is expected to be 102 billion and the net loss is 9 million yuan.
I think the financial manager probably failed to understand his boss's intentions, and took shortcuts to fabricate a single-digit net loss with three-digit revenue.
But overall it should be fine, with a revenue of 10 billion and a net loss of about 10 billion, it is just a small grave compared to the mountain of chips.
"So what were you going to do just now when you were so energetic and walking so fast?" Song Anli teased intentionally to lighten the mood.
Xie Jingxing opened his mouth, he didn't know what he was going to do just now, to talk to Xiao Ma Ge about mobile payment going overseas, or to talk to Lao Ma Ge about e-commerce changing the world.
It's a bit of a foolish behavior, no matter what it is, I have never been inferior to others, just do something big and it's over.
He rubbed his temples. “It’s cold up there, life is lonely like snow. Cough cough cough.”
"Alright, alright, stop pretending, don't die here."
After a burst of violent coughing, Song Anli helped to support his back. The weak state of the dead man made her involuntarily get closer to him and started to speak rude words to him.
Still need to clean up the mountains and rivers from scratch, whether it is the chip business or the little lover who turned against Tian Gang, Xie Jingxing swallowed hard: "I'm hungry."
After forcing himself to drink three bowls of light Cantonese porridge at noon, his mental state recovered a little, and he first dealt with the finishing work of Meizu.
The market positioning of the two mobile phones of the Meizu Blue sub-brand that are ready to be launched is clear. They are equipped with sufficient configuration and materials and have the aesthetic design that Meizu has always been good at. What else do you want for a thousand dollars?
As long as Li Nan does a good job in market operations, a shipment volume of 5 million units for the whole year next year will be the basis. If it is lower than this standard, this fat guy and the dozens of girl group members he invited to hold a concert will be sent to make their collective debut in the entertainment industry and forget about working in the digital technology industry.
The development of two flagship phones of Meizu next year is also on the agenda. In order to be freed from the tedious business management, Huang Zhang no longer wants to retire to the mountains and is personally responsible for the entire process.
We have discussed this in a previous meeting. Xie Jingxing does not understand the specific technology and can only provide general experience based on the design of the appearance. Moreover, all manufacturers recognize Qualcomm as their father, and the only thing they compete with is the integration of components and product supply chain management capabilities.
Independent innovative technologies have to be accumulated bit by bit, and supply chain integration cannot be accomplished in one or two years.
Apple can have three suppliers for the same accessories, with the second supplier beating the first supplier and the third supplier being suppressed. Samsung can't compare, so I simply build my own market and I am the supply chain myself.
It all comes down to technology. The next three to five years will be a process of steady development, so there is nothing much to say.
Xie Jingxing hopes to occupy a stable market share that can support smart cars. His mid-term strategy does not include any extravagant ideas of beating Apple or kicking Huawei. In the future, he will not pay too much attention to Meizu's technology development-related businesses.
There are two other technological developments worth mentioning, namely the smart ecosystem and the underlying operating system development of mobile phones. The former, a wearable smart device - the smart watch project is currently being prepared for launch.
The latter has not progressed smoothly, and the joint development with Alibaba has encountered many difficulties. This is expected and reasonable. If this thing was so easy to make, it wouldn't be limited to Android.
"If there are no unexpected changes, it will basically be like this... and if the 4pro shipments exceed 500 million units in the first half of next year, we can basically negotiate OEM cooperation with major manufacturers."
After spending the entire afternoon sorting out trivial matters, Xie Jingxing paused and added: "Put the chip business on hold for the time being, so Huang Zhang and the others don't have to think too much about it." "It's better to find an entity to cooperate with. We can't leverage the chip business ourselves." Song Anli persuaded softly.
"I remember Alibaba Cloud has a chip business. Has Xiaomi started a new round of financing? And last month, the country seemed to have introduced a new version of the chip industry support policy?"
Xie Jingxing spoke in a mess without making up his mind for a while. He planned to attend the first Internet Conference in a few days to organize a group and bring some people together to have a good chat.
…………
The next day, Xie Jingxing underwent a full physical examination, and quietly made an anonymous complaint to the old Chinese doctor who warned him that mental and physical fatigue can easily be treated with warm tonic, but excessive sexual fatigue needs to be taken seriously, and was successfully discharged from the hospital.
Since returning from a vacation in New Zealand, he has had sexual intercourse only a few times, so how could it be considered excessive?
"Pay attention to the time, he hasn't fully recovered yet." Song Anli nodded her wrist to signal.
Hu Weiwei cheered up and thanked him, then led the newly appointed CEO Wang Xiaofeng into the hotel suite. Walking through the living room on the thick carpet and seeing the man sitting in the semi-open study, she felt as if she was looking up to the sky.
The new president was notified of this interview half a month in advance. He projected the carefully prepared PPT onto a portable screen and began to perform in front of the investors.
“月初我们在魔都地区首批投放3万辆共享单车,截止前天注册用户总数突破12万。据统计61.3%的用户每次骑行的距离在3公里以内,92%的用户每次骑行距离在5公里以内。我们可以由此乐观分析一条在传统租用经济模式之外的优质商业模式。”
Wang Xiaofeng from Uber said: "The high frequency and high activity of users provide us with more accurate data information than online car-hailing. In terms of value-added services such as advertising and platform traffic diversion, we have very good commercial realization prospects."
Selling user information is a trick used by online ride-hailing companies to deceive investors and paint a bright picture of future profitability.
Now Didi has been fooled. After several rounds of negotiations with Mobike, it has still not determined a financing plan. However, it does have a good grasp of the core business logic of the last mile of shared bicycle travel and user data.
Xie Jingxing initially had in-depth communication with Hu Weiwei to convince this literary sister to choose the GPS navigation and positioning smart lock with higher design difficulty and accuracy. Didi needed this data to draw maps and improve the platform's regional algorithm.
"What's the car loss rate?" He changed the subject without thinking.
Wang Xiaofeng looked at Hu Weiwei without saying a word. He felt that he was being looked down upon, after all he had said so many things.
"About 7%, but it's increasing. We are going to assign someone to recover the vehicle."
Hu Weiwei responded slowly, not noticing the hint in the president's eyes that he wanted her to take charge. Even if she saw it, she was powerless to do anything. She still needed to get used to being the main player.
Xie Jingxing rewinds the PPT to the previous page: "A shared bicycle costs 3000 yuan, and a loss of 600 million yuan in a month?"
"It's not calculated that way. Now that the production line is running, our costs are being evenly distributed and reduced with every vehicle produced." Hu Weiwei puffed out her chest and defended herself confidently.
"After calculating the various costs of depreciation, operation, and maintenance, if we only rely on basic rental and deposit income, what is the payback period for each vehicle?"
Xie Jingxing flipped through the PPT again: "23 months? Hu Weiwei, you will be 23 years old in 35 months. From a young female entrepreneur to a middle-aged female entrepreneur? You should be more careful."
"Then what do you say we should do?" Hu Weiwei spread her hands.
"Don't waste time with Didi to speed up the financing process. First, dilute the cost and increase the number of users to occupy the market. With users, there will naturally be a business model. Compared with worrying about a small valuation in the early stage, letting competitors grow without pressure is suicide."
Xie Jingxing softened his tone: "Come with me to the Internet Conference in a few days and look for other investors."
"Okay, I'll go back and discuss it with my colleagues." Hu Weiwei agreed readily.
Xie Jingxing was very pleased. Thinking about Cheng Wei, Zhang Xuhao, and Wang Xing, Hu Weiwei was completely at the other extreme. I will listen to whatever you say. Just give it a try. Anyway, I don't have any better ideas.
Of course, if she is asked to compress the process and make some cheap and low-quality cars, she will instantly turn hostile. She is definitely a top-notch hipster.
Cui A Liu also has this tone. She is extremely concerned about the Bu Du sub-brand that carries the hopes of her tea farmer grandfather, not to mention the Yin Shan Cha Yu sub-brand.
In this situation, can we blame him for preferring young female entrepreneurs? That is complete nonsense.
"By the way, please do some promotion for us. The company is out of money and the cost of marketing is quite high."
Hu Weiwei suddenly remembered something, and Wang Xiaofeng's breath got stuck in his throat.
Now everyone in the industry knows how exaggerated Xie Jingxing's personal influence is. Posting a Weibo post is more effective than their entire marketing team's hard work for a month.
Someone in the company suddenly had an idea and suggested that Hu Weiwei and Mr. Xie take a promotional poster. The founder and investor, a pair of handsome men and beautiful women, would ride bicycles through the romantic streets of Shanghai, instantly raising the company's literary and artistic style.
Before Hu Weiwei came, she said she would think it over carefully, but after she came, how could she think it over carefully and take the initiative to invite him? This world is really superficial.
Wang Xiaofeng was very sad and kept silent.
(End of this chapter)