Eight years is enough time to change a lot.
From the perspective and narrative of the head of Yike, the past eight years have gone from one crisis to another.
Then, continue to look at the challenges that may arise in the next eight years, or in other words, the bad cards dealt and the new crises that may arise.
Many people in the World Financial Center felt that at such an annual meeting, this was Mr. Fang’s usual reminder from this position that with development there are of course challenges, and with good things there are of course bad things.
Leaders always need positive and negative views, and always need to be in a high position.
However, as Mr. Fang's pause time became longer...oh, I need to applaud.
The conference center burst into applause again.
However, there was still a pause after the applause, and Mr. Fang's eyes were serious. The atmosphere suddenly became solemn, and many people quietly adjusted their sitting postures to relax.
"Today is a rare opportunity for me to say something from my heart."
Fang Zhuo wanted to speak his mind.
It was not that he paused on purpose, but that he spoke a few words at the last minute without any preparation. He felt interested and needed to organize his words in his mind.
"What kind of company do you think Yike is now?"
Fang Zhuo asked and answered himself: "In my opinion, it is a pretty good company."
"Yike has large-scale R&D centers in Silicon Valley and Shanghai, has gained a good number of users in the mobile phone market, and the company also has good cash flow on its books."
"Of course it's good, but Lehman, which has gone bankrupt, was also very good. Sony, our rival when we were making music players, wasn't very good at that time, but it's simply great on this track."
"I have always been good friends with Luo from Qimonda, a large storage company, but Qimonda also filed for bankruptcy. It has achieved a global market share of more than 10%. Isn't it good to do this? In my opinion,
It’s simply overwhelming the country.”
"And its parent company, Infineon, used to have a market value of tens of billions of dollars, but now it's only over 3 billion U.S. dollars."
"Companies such as Lehman, Merrill Lynch, Sony, Qimonda, Infineon, etc., at some point they can all be described as 'good' or even 'very good', 'excellent' and 'great', but..."
Fang Zhuo spread his hands: "The wind will always blow away the wind."
"Infineon was spun off from Siemens in 1999, and Qimonda was spun off from Infineon in 2006. How many eight years have their histories been?"
"The impact of the financial crisis is bound to be long-lasting, and what is happening this year will be a nightmare for many CEOs."
"Yike has been established for eight years. In the next eight years, will we be a bankrupt Qimonda or a troubled Sony?"
"Eight years have passed in vain."
"Yike has just gained some growth with the sunshine and dew he received. I know that many of my friends here have more or less bonuses, options, and some even have wealth."
"I just hope that in the next eight years, everyone will not let themselves down, don't let down the golden period of development, don't look back and regret after eight years, don't stand on a certain stage and share sadly - I thought we were Yi
Ke, I didn’t expect that we would just be another Lehman or Qimonda.”
Fang Zhuo scanned the audience one last time: "I know it's hard to keep making progress, but here's the thing again, Making Progress."
He gave his first smile after taking the stage: "Keep making progress, thank you everyone."
Mr. Fang's speech was over. Regardless of whether he responded to the occasion or what his mood was, the conference center of the World Financial Center burst into applause.
The boss is always sincere, and this speech is still sincere.
Just when Fang Zhuo put down the microphone, Xiong Xiaoge, who was sitting in the first row, winked at Su Wei, "Come on, Mr. Su, come on, Mr. Su, we agreed! You should be the first to ask questions!"
Xiong Xiaoge's fierce wink had no effect, and even her soft shout was drowned in the applause.
He immediately knew what was going on.
Broken! Mr. Su is fascinated!
Seeing that Mr. Fang had already walked off the stage, Xiong Xiaoge felt that he could not wait any longer. It was so easy to seize the opportunity, and he didn’t know when the next time would be.
He stood up amidst the applause, stepped forward quickly, grabbed Mr. Fang's arm to prevent him from stepping down, and said cheerfully: "Mr. Fang, Mr. Fang, today is Yike's eight-year annual meeting. I'm really happy.
It’s really emotional.”
Fang Zhuo stopped and wondered why the old bear was so excited that he came up there.
Su Wei, who was sitting in the first row, had been staring at Mr. Fang without blinking since he came on stage. Listening to Yike's eight-year-old sentiment, this man clearly didn't make any preparations. He just said a few words.
, but we talked about it so naturally.
Otherwise, let it be like this, let this man walk down in such a graceful manner.
But when she saw Mr. Xiong take the stage, she immediately sobered up.
Broken! Mr. Bear left alone!
Su Wei also stood up, and the next moment she saw Mr. Fang patting Mr. Xiong on the arm, but they were already chatting, so she could only sit down again.
"After eight years of Yike, Mr. Xiong originally invested in Yike's angel round. He and Mr. Xu invested in us on the CCTV platform together." Fang Zhuo smiled and recounted the glorious history for the colleagues and guests present, "Without Mr. Xiong
There would be no Yike now."
He took the lead in applauding, leading to a round of applause for the old bear.
Xiong Xiaoge and Mr. Fang shook hands heavily on the stage, which can be regarded as leaving a memorable image on this occasion, and then said: "Mr. Fang, it is rare to have such a touching communication occasion. The Internet eight years ago
People are panicking about bubbles, and last year’s financial crisis broke out in full force. Now I have a question to ask you.”
Fang Zhuo glanced at the impromptu old Xiong and was not surprised. He nodded and greeted the audience: "Mr. Xiong is going to teach us Yike."
"No." Xiong Xiaoge waved his hand and asked, "As an investor, I often feel that I am really separated from you business people. What I love most is your heartfelt thoughts. Today is a rare opportunity.
I won’t ask you about your thoughts on the company’s management, but I’m a little curious. In the past eight years of Yike, or Mr. Fang, what do you think of your competitors in the past eight years?”
He continued: "The outside world sometimes spreads rumors that you have a bad relationship with Mr. Li of Dangdang, and that you have a feud with Penguin's horse. How do you evaluate your business methods over the past few years?"
Competitors and business practices.
Xiong Xiaoge asked two questions.
Fang Zhuo's first reaction after hearing this was, what's so interesting about this?
But he took one look at the old bear's interested expression and decided to follow him for once.
"Fortunately, there is no media today, otherwise I wouldn't know how to write." Fang Zhuoxian said lightly, then smiled, "I think I was too serious just now, and Mr. Xiong came up to lighten the atmosphere."
The atmosphere in the conference center has indeed become more relaxed. Mr. Fang’s previous speech was quite serious and he hoped that everyone would keep making progress. This makes people unable to help but think. If they don’t keep making progress, will Mr. Fang, who is always kind, force people to make progress?
.
Now that Mr. Xiong has come to power, he has calmed down the mood.
"It's easy to talk about Mr. Xiong's problems in a long way, but if you think about it carefully, there's nothing to talk about. Many people are just spreading rumors." Fang Zhuo said seriously, "Just like Mr. Li you mentioned, when financing is
You took me with you, and you sat next to me during the meeting. You also personally helped me find Mr. Li during the recent acquisition of Dangdang. Under these circumstances, do you think Mr. Li has any emotions towards me?"
Xiong Xiaoge found that he was labeled as an accomplice and even the mastermind. What does it mean to take you there?
"Like Mr. Ma, we do have some competition, but we are not enemies." Fang Zhuo disagreed with this statement. "In business matters, what is the point of enmity? If you say so, you would have sold Penguin in the first place.
If you use shares to invest in Yike, will Mr. Ma have a grudge against you? It doesn’t make sense.”
Xiong Xiaoge was about to argue but forgot to say that selling and investing are two separate timelines, so don’t talk about them together.
Fang Zhuo is frank and can say nothing to others: "When Mr. Xiong talked about this today, I am actually very grateful to our competitors. Only competition can promote the emergence of better products and services. Yike has always welcomed competition.
.”
"The so-called business methods are just based on product quality."
Seeing that Lao Xiong had no objection, Fang Zhuo put his arm around his good buddy's shoulders and wanted to step down, leaving space for others.
"Mr. Fang." Yu Hong raised her hand at this time, "I also have a problem."
Fang Zhuo smiled and said: "What? I can't get down today? Come on, come on, our American King wants to ask a question, let's all listen together."
Xiong Xiaoge quietly stepped down.
Yu Hong was dumbfounded, "Hey, don't call me the King of America like this in public!"
She paused for a second and asked: "There is a theory on the Internet that you and the other two leaders are in an iron triangle. Who are you and the iron triangle? What do you think of this relationship?"
Liu Qiangdong and Pan Ben beside them sighed in their hearts, Mr. Yu, Mr. Yu, the King of the United States, the King of the United States, you are asking this on behalf of Yike? What is there to ask? At this time, let Mr. Fang talk about strategy and market.
ah.
"There is no iron triangle at all." Fang Zhuo said firmly, "Or, there are always many iron triangles."
He smiled and said: "There is room for cooperation, there are win-win prospects, and there are stable expectations. This is the iron triangle of collaborators. I welcome more and more such iron triangles."
Yu Hong gently put down her hand. King America, King America, how could you change the problem temporarily?
At this time, Qiu Ciyun from Bingxin also raised his hand.
Fang Zhuo glanced at Mr. Qiu and realized that his footsteps were welded to the stage.
"Mr. Fang, what do you think of the future competitive situation of semiconductors?" Qiu Ciyun's style is more serious and the content is relatively large. He really comes to ask questions.
Fang Zhuo hesitated a little when faced with Mr. Qiu's question. In just a short while, questions came from three directions, which was a bit taxing.
However, semiconductors have always been an area that he thinks a lot about.
"Everyone may know some of the situation of domestic semiconductors, and also know that Ice Core is developing well." Fang Zhuo said slowly, "But you may not know that Ice Core is now the fifth largest wafer foundry in the world, and SMIC is
fourth."
"The development of domestic semiconductors is restricted by a variety of factors. There is no doubt that there are political factors and ideological factors here."
"But I think that with the development of globalization, as the potential of the domestic market is realized, and as domestic semiconductor companies grow, such factors may repeat themselves and may cause setbacks, but they will eventually be resolved."
Fang Zhuo pursed his lips and said: "Semiconductors are first and foremost an industry, not politics. Even if it is temporarily politicized, it must still be based on economics and business. From the perspective of the long-term competition cycle, I think including ice core
Domestic related companies including China will have more and more opportunities."
Qiu Ciyun felt that Mr. Fang's answer had room for mutual discussion, and decided to discuss it in detail after tonight.
Just as Fang Zhuo was about to step down again, Wang Fengyi of Shenxin Science and Technology suddenly raised his hand.
Fang Zhuo suddenly wondered if this was a set stage. How could they come one by one at this time? Are they going to let people step down?
He smiled at Brother Wang and gestured to speak.
Wang Fengyi knew that there was a question to be asked at today's annual meeting, and he was happy to join in the fun, but what was the specific question...
He is a very casual person. When he saw Mr. Fang's eyes, he asked a question loudly: "Mr. Fang, you deal with investors a lot. Who do you think is the number one investor in China?"
Fang Zhuo laughed: "It's you, it's you, Brother Wang, you are the number one investor in my mind."
Wang Fengyi nodded with satisfaction and ended the question. He also glanced at Mr. Xiong a few seats away. Did you hear that? Customer approval is the most important. Who is the number one investor in China?
Xiong Xiaoge ignored his gaze, only to realize that tonight did not have the expected effect at all!
Seeing that Mr. Fang had no intention of stepping down at this moment, he encouraged Liu Suyi of Yongke Real Estate: "Mr. Liu, if you have any questions, ask them quickly. Ask Mr. Fang to waste his brains to answer."
Although Liu Suyi didn't get a chance to ask questions beforehand, he vaguely knew that something was going on: "Okay."
He was about to raise his hand, but suddenly he saw his boss's eyes glancing at him, and he pulled his arm back halfway.
"You ask, what is there that you don't dare to ask?" Xiong Xiaoge hit the nail on the head when he saw this.
Liu Suyi was indeed a little afraid of Mr. Fang, so he found a step by himself: "Suddenly I felt a little uncomfortable in my stomach. Ask later. Ask later."
Fang Zhuoren was on the stage and saw the eager eyes of many people below. He said a little puzzled: "It seems that there is a need to hold more annual meetings. Everyone seems to have a lot of questions and time is limited. In the end, Mr. Wang will be asked to ask. Wait a minute.
We also want to hear about the development of our companies this year."
He took the initiative directly.
Su Wei, who had seniority, status, courage and connections, had long since given up manipulation and had no intention of voicing any objection.
"Mr. Fang, you just mentioned an eight-year period. In this case, what are your thoughts on the development direction in the next eight years?" Wang Yan from Sina was very happy that Mr. Fang took the initiative to give him the opportunity, and also asked a bigger question temporarily.
A more silly question.
"The direction of development in the next eight years." Fang Zhuo changed his mind and said after pondering for a moment, "This topic is interesting."
"Technological development is rapid, which may strengthen or weaken the current company's moat, so the judgment of the direction is very important."
"If I were to talk about future development directions and opportunities..."
Fang Zhuo slowly listed: "Consumer electronics, social networks, electronic payment, cloud computing, semiconductors, new energy, artificial intelligence, these are all very good."
He continued: "With a good business, you can see what it will look like in the future."
Fang Zhuo made a prophetic judgment at Yike’s eight-year annual meeting: “In the next eight years or even longer, stronger information interaction, more intelligence and interconnection will be a trend, no matter who it is, no matter who it is,
Any company must constantly iterate products that are more in line with the times."
"Everyone here, we must actively participate, we must make up for our weaknesses, and we must organically combine our advantages into stronger competitiveness."
"I hope Yike can do it, and I hope everyone will work hard in this direction."
This chapter has been completed!