Mr. Ren faced the lobbyist with still hesitation on his face.
The lobbyists come from the top of fgw.
What he is lobbying for is that he hopes that Veteran Ren will sell the [Honor Mobile] business line of [Warwick]'s consumer business to [Chaoqun Group].
For Huawei, it currently has three main businesses: operator business, enterprise business, and consumer business.
The financial report shows that Warwick's total revenue in 2019 was 853.7 billion yuan, of which consumer business revenue was 467.3 billion yuan, accounting for 55% of the total revenue; and of this 467.3 billion yuan, 90 billion yuan came from consumers.
Recognition of [Honor Phone].
At the same time, it is not difficult to see that [Honor Mobile]’s revenue contribution to Huawei has actually exceeded Huawei’s entire corporate business - 89.7 billion.
Its significance to Warwick is extraordinary.
In the entire mobile phone industry, [Honor Mobile]’s status is also extraordinary.
According to data released by market research organization trustdata, in China's smartphone shipment rankings in 2019, [Honor Mobile] surpassed Apple and Rice and ranked fourth, second only to Warwick, o, v.
It is so important to Warwick, but why does Warwick want to sell it?
Is it because of lack of money?
No!
Warwick is not short of money!
Last year, Warwick earned a net profit of over RMB 60 billion, and cash flow from operating activities reached RMB 91.4 billion.
Of course, this cannot be compared with [Super Group].
[Chaoqun Group] Last year’s annual profit reached 250 billion yuan, and its operating cash flow was even more exaggerated, and this year’s profit will usher in explosive growth.
Mr. Ren, the founder and helmsman of Warwick, has also said on many occasions that Warwick has never been short of money; at the same time, with Warwick's position in the chip field, if it wants money, countless institutions line up to send money to its door every day.
.
The reason Huawei was forced to sell off its [Honor Mobile] business was because of chip problems.
In May 2019, Beautiful Country included Warwick in the [Entity List].
In August, the United States escalated its sanctions and adopted a policy of "maximum pressure" on Huawei.
Even if Warwick has a spare tire - [Hisilicon Kirin chip], it will be useless!
What is [extreme pressure]?
The chip industry chain is quite complex and involves many sophisticated processes. However, Huawei's Kirin chips can only achieve independent design, but cannot cover the entire industry chain and achieve independent manufacturing.
The extreme pressure from the beautiful country has directly made it impossible for Huawei's Kirin chips to be mass-produced.
This round of sanctions from Beautiful Country came into effect on September 15. Before that, Warwick asked Taiji Electric to rush out the goods day and night, and finally rushed out 8 million units.
But 8 million is too few for Warwick.
The total shipment volume of Huawei mobile phones in 2019 reached 240 million units; the Huawei mate released last year
The global shipments of the 30 series mobile phones exceeded 7 million units in just 60 days after being launched.
This year, the Warwick mate40 series, which starts at 6,499 yuan, was sold out as soon as it was launched, and is completely in short supply.
8 million chips are completely insufficient.
Therefore, as a last resort, Warwick considered selling the [Honor Mobile] business.
As a result, [Honor Mobile], which avoids the sanctions of the beautiful country and has no ownership relationship with Huawei, can purchase chips at will without being sanctioned by the beautiful country, without falling into a production crisis.
Secondly, by selling [Honor Mobile Phones], Warwick Group can also earn a lot of blood and stock up on food for the winter before the cold winter comes.
Although Warwick wants to sell [Honor Phone], how to sell it is very important!
The idea of Mr. Ren and the top management of Huawei is to let the dealers of [Honor Mobile] and Pengcheng City gzw form a new company to acquire [Honor Mobile], and Huawei still holds a small amount of shares.
[Honor Mobile], which has been separated, is still closely connected with Warwick, and can cooperate extensively in both technology and business, which is a bit like getting divorced without leaving home.
Warwick’s quotation for [Honor Mobile Phone] is not very high, only about 100 billion yuan.
The talks were going well at first, but I don't know where [Chaoqun Group] got the news, so they intervened abruptly - [Chaoqun Group] wanted to fully acquire Warwick's [Honor Mobile] business line, and was willing to buy it at a premium.
Warwick is not short of money.
At their level, the sale of business should not only be based on the price, but also must fit in with their group's strategic intentions.
Of course, things like [Qiandu] selling [Qiandu Takeout] are another matter. [Qiandu] is eager to give as much money as possible.
Like Warwick's original plan to sell [Honor Phone] to a company jointly established by the original dealer and gzw, it seems that there is no relationship, but in fact everyone can see that Warwick still has a strong influence on [Honor Phone]
force.
Not to mention that the 8,000 employees of [Honor Mobile] will not change.
But if [Honor Mobile] is swallowed up by [Chaoqun Group], it will be different.
[Chaoqun Group] is a behemoth, with the ability to completely crush [Honor Mobile Phone] and then completely digest it. This point was made after [Chaoqun Group] annexed [Qiandu Waimai] and reorganized it in a very short time.
This can be seen from the fact that [Feixia Takeaway] has worked together to capture territory in the takeout market, achieve a desperate counterattack, and put great pressure on the other two takeout giants.
Everyone knows that [Super Group] is not a good person!
Of course, [Qiandu Waimai] is mainly at the software level, and [Chaoqun Group] has unique advantages in this aspect.
The mobile phone industry is an industry that combines software and hardware, covering various aspects.
For example, the hardware of a mobile phone includes parts such as processor, screen, battery, camera sensor, etc.
The software aspect mainly includes the stability of the mobile phone system, the matching between the system and hardware, the innovativeness of functions, the tone of the brand, the characteristics of the product, etc.
[Chaoqun Group] has only proven itself in terms of software, and may not be able to master this kind of product that combines software and hardware.
But no matter what, once [Chaoqun Group] swallows up the [Honor Mobile] business, it will have nothing to do with Warwick Company.
It will be very difficult for Warwick Company to influence it.
Warwick does not want to create a strong opponent for itself in China or even around the world!
Only then will you shoot yourself in the foot!
Therefore, Warwick does not want to sell this business to [Chaoqun Group]!
But Warwick doesn’t want to sell, [Chaoqun Group] insists on buying!
At this time, it is time to show the terrorist influence of [Chaoqun Group] in China.
Warwick originally negotiated with Pengcheng gzw, but was directly persuaded by [Chaoqun Group] to switch to a neutral position.
The dealers of [Honor Mobile Phone] were also visited one by one by Huang Yuping, the president of [Chaoqun Group], and Xiaozhi [persuaded] them with emotion and reason. Except for a few headaches, they insisted on standing here in Warwick.
On the other side, the rest are just sitting on the sidelines adhering to the idea that businessmen do not help each other and make money out of anger.
To put it simply, you are all big guys and we can’t afford to offend you, so you should negotiate first!