528 It is necessary to have a closed loop when connected
"After visiting Android, how do you feel? Do you still think that smartphones are alien technology that only exist in the future?"
Listening to Lin Fan's words, many people lowered their heads. It can only be said that vision limits imagination.
Especially Zhou Guangping, he wanted to find a crack in the ground to crawl in, because he had said these words before, and the boss had sent them back intact.
Does the boss have any objections to him? Zhou Guangping felt a little worried.
Lin Fan glanced around and saw everyone's expressions.
He was not targeting Zhou Guangping alone.
The purpose of these words, as well as the previously arranged visit to the United States, is to impress this group of proud soldiers who are the best in their respective fields.
Although many people are still honest now, there is no guarantee what the situation will be in the future.
He did not personally do the research and development of the mobile phone company. Lam Capital involved a lot of his energy. If things go on like this, it is hard to say whether someone will take credit for it and go astray in the future.
He took out the Android and showed it to the executives in front of him, also to let everyone understand that he had many trump cards and was not just a rich boss.
Of course, he also had another intention, allowing these senior executives to learn and observe at close range and enhance the confidence of the team.
"Okay, now that everyone understands that smartphones are no longer out of reach, then we have to work hard to develop and produce the first mobile phone."
Lin Fan smiled and asked, "Do you think the introduction of this kind of mobile phone can break the existing pattern of the mobile phone industry?"
The little prince Zhou Guangping answered successfully again and said with a smile: "That's definitely no problem. If Nokia and Motorola are late and don't keep up with the times, they will die!"
It was all swept into the garbage heap of history and became an inconspicuous entry in the history of consumer electronics development."
Lin Fan glanced at Zhou Guangping with admiration, and the latter seemed to be encouraged and continued: "I think our top priority, as you just said, Mr. Xia, is to build mobile phones as soon as possible to seize the dividends of the times. In addition,
We also need to register more patents and build competition barriers..."
Lin Fan's impression of Zhou Guangping changed greatly when he saw that Zhou Guangping spoke eloquently. Apart from the fact that he sometimes didn't like to use his brain when talking, he seemed to have no other problems.
"Look at the market value of Nokia and Motorola. Now let me tell you, if they were replaced, we would be a technology company with a market value of tens of billions or hundreds of billions of dollars.
The option pool with 20% equity will also expand to US$10 billion or US$20 billion."
Lin Fan noticed that everyone's faces suddenly turned rosy and their breathing quickened, as if they had been given two ounces of chicken blood.
Sure enough, talking about money is more practical than talking about ideals! Jack Ma sincerely doesn’t deceive me!
"Don't think this goal is difficult. Only those with ambitious goals can achieve great things.
This entrepreneurial journey is destined to not be smooth sailing. Even if we have the first-mover advantage, we must also pay attention to the counterattack of the traditional mobile phone industry forces."
Speaking of this, Lin Fan looked serious, "We don't have much time left, so we must cherish every minute and every second.
Now we are just a car on the track, we can only keep accelerating and accelerating, there is no chance to stop, and there is no way to retreat.
There can only be one goal in sight, and that is the finish line, which is the day when the smartphone officially comes out, which will completely sound the death knell for the traditional mobile phone giants..."
Lin Fan was spitting and his words were very contagious. Everyone in the meeting was listening and thinking carefully.
Market value of 100 billion US dollars, ringing the bell to go public, financial freedom, equity incentives...
Every time Lin Fan mentions a keyword, it can make people think for a long time.
Everyone was not deceived. Except for Zhou Guangping, whose eyes were dull, most of them still had their senses.
They feel that it is too early to talk about replacing Nokia and Motorola, whose mobile phone sales are calculated in "100 million units".
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However, there is still hope!
This is also the motivation for their struggle, commonly known as "having a strong head".
When Lin Fan saw that the heat was almost over, he stopped speaking and gave up as soon as he was ready, because talking too much would easily produce antibodies, which would make it ineffective in the future.
Lin Fan suddenly stopped speaking, and it took several seconds for everyone to react. Zhou Guangping was the first to take the lead in applauding, and instantly the room was filled with thunderous applause.
The sound was so loud that the employees outside glanced towards the conference room.
Zhou Guangping's slap turned red and he refused to stop.
He didn't stop, and the others didn't dare to stop either, so they had to follow behind and continue filming, while mentally complaining about this tough guy.
Lin Fanxu pressed his palms, and everyone stopped applauding. Some people secretly put their palms on their thighs under the table and rubbed them because they were numb!
Lin Fan secretly praised "the military spirit is available" and looked at Liu Wenjuan, the vice president of human resources, a middle-aged woman in her forties who was sitting in the corner.
This is an executive poached from Lenovo and is responsible for recruiting people for the company.
Because this position was so critical, Lin Fan was the one who interviewed him personally.
"Mr. Liu, let's start with you first. Everyone will report on the work of their respective departments, as well as the next work plans and arrangements."
Liu Wenjuan nodded and stood up to report: "Currently, the company has a total of 178 full-time employees. In the next three months, it is expected to recruit more than 300 people, reaching a scale of 500 people..."
Lin Fan nodded, Liu Wenjuan reported directly to him, and the recruitment plan was also communicated with him.
The reason why the number of employees has expanded so quickly is partly due to research and development needs, and partly due to the need to inject fresh blood into the company to prevent the emergence of hills and wash away old marks.
After Liu Wenjuan's report, Vice President of the Software Department Lin Bing, Senior Director Huang Jiangji, Vice President of Industrial Design Liu De, Vice President of the Hardware Department Zhou Guangping, Senior Director Qian Chen, Vice President of Sales Zhu Zhaojiang, CFO and Vice President of Investment Deng Yuanyun stood up one after another.
Make work reports.
The work reports of the software, hardware R&D, and industrial design departments were mediocre. It had only been officially started for more than ten days. There were no outstanding results. It could only be said that it was step by step and quite satisfactory.
Zhu Zhaojianghui reported: "Currently, mobile phones have not been developed yet, and sales are out of the question. My main work is on collecting competitor information, market research, etc..."
After hearing this, Lin Fan nodded and comforted the other party: "Just wait for a while, then it will be your time to show off your skills."
Zhu Zhaojiang nodded, sat down, and said nothing.
Deng Yuanjun's last speech aroused a lot of interest in Lin Fan.
Deng Yuanjun first reported on the financial expenditures, including leasing offices, purchasing office equipment, and acquiring Liu De's design company, etc.
The Chushu Fund invested 490 million U.S. dollars, and Hanergy Investment invested 0.1 U.S. dollars. The 500 million U.S. dollars was equivalent to 4.0499 million yuan converted at the time.
All recent expenditures have been added up, and not even a fraction has been spent. There is still more than 4 billion in the account.
Lin Fan was not surprised by this. What really aroused his interest was the second half of Deng Yuanjun's report.
In addition to serving as chief financial officer, Deng Yuanyun is also the vice president of investment, the manager of the mobile phone industry M&A fund.
He reported: “Based on the concept drawings of smartphones, we basically calculated what components and materials are needed, and I found that basically all of them need to be imported.
For example, the memory is from Samsung and Hynix; the display material is from Sumitomo Chemical and DuPont; the camera is from Sony and Canon; the battery is from Nippon Chemical and Carbon...
Not to mention the chips, from materials to design, to the required manufacturing equipment, manufacturers, and packaging, they are all foreign, oh, and BayWan.
As for SMIC in mainland China, hey, it is currently being sued by TSMC for its patents. It is difficult to say what the future will be like.
It seems that what can be made in China now is probably mobile phone casings, structural parts, etc., and at most one mobile phone assembly.
If we were asked to invest in the industrial chain, we wouldn’t know how to start, because every company in the supply chain is a large, super-large, or even consortium enterprise.”
Deng Yuanjun's words made everyone present frown.
Although it is not like the famous saying a hundred years ago, "The country is so poor and weak," it is the same as the benevolent people a hundred years ago, and the mood is extremely heavy.
The reform has been going on for nearly 30 years. During this period, the domestic economy has developed rapidly. It is not an exaggeration to describe it as earth-shaking. All walks of life are desperately trying to catch up and shorten the gap with international leading technologies.
However, it is still difficult to master slightly higher-end technologies. On the one hand, it is a technical blockade, and on the other hand, the foundation is too poor and it takes time to make up for it.
More than 90% of the technology and components required for a small mobile phone are imported, which is deplorable.
Lin Fan noticed everyone's expressions and said with a smile: "What does it matter? Today is an era of globalization, and we pay attention to industrial division of labor.
If you need technical authorization and any components you need, just buy them.
As long as our mobile phone is manufactured, with the diligence of the Chinese people, the supporting industrial chain will be ready for you in a few years, and the level will be directly on par with the world's first-class."
This is not Lin Fan's nonsense, it is the fact.
In the first decade of the 21st century, foreign mobile phone manufacturers were competing for domestic territory, and Bird and Lenovo could only become synonymous with low-end products;
When the industrial chain was developed, major manufacturers such as Huami OV immediately emerged in the second decade of the new century.
However, when they launched smartphones at this time, they still developed them domestically, playing the role of a "pioneer".
In terms of difficulty, it is definitely higher than Huami OV, which entered the market a few years later.
More than ten years later, when talking about the electronic information industry in China, the main emphasis is on "lack of cores", which is now called "lack of cores and less screens".
Screen refers to the LCD screen and panel.
Deng Yuanyun just reported that BOE invested in building mainland China’s first fifth-generation TFT-LCD production line the year before last and achieved mass production this year.
BOE's development is also very difficult. The national fiscal subsidies have exceeded 300 billion yuan in total, and the old leeks have been cut off horribly.
A leaf can tell the autumn, and even BOE, which has a lot of money, is having a hard time, let alone other domestic players in the mobile phone supply chain, many of whom don't even have a shadow.
However, Lin Fan was not discouraged and kept comforting himself that everything would be fine.
He looked at Deng Yuanjun and said with an optimistic face: "Didn't you say that there are mobile phone assembly companies and companies that produce casings in China?
With their first support, a journey of a thousand miles begins with a single step!"
Deng Yuanjun nodded, said good, and then continued to report the supply chain information he collected.
"Longcheer Holding Group, founded in July 2002, specializes in mobile phone design and mobile phone complete business, and was listed on the main board of the Singapore Stock Exchange in May this year..."
"Huaqin Communication Technology Company was established in August this year. Its business direction is IDH independent design. Although this company has been established for a short time, the first batch of mobile phone products will begin mass production next month..."
"Changying Precision, established in 2001, is engaged in the production and sales of mold parts..."
"Lens Technology, founded in 2003, is engaged in the manufacturing of mobile phone glass screens. The screen of Motorola's V3 mobile phone, which sold more than 100 million units, was made by this company. After this battle, Lens Technology has completely made a mark in the industry.
They have gained fame and entered Samsung’s supplier system. I heard that Nokia is also interested in cooperating with them..."
…
Deng Yuanjun announced one familiar company name after another, which made Lin Fan's eyes light up.
Although they are all inconspicuous and low-tech companies such as casings, screens, and mobile phone assembly, Deng Yuanjun really found a treasure.
Take Lens Technology as an example. Apple mobile phones have extremely high requirements for parameters such as screen transmittance. Even Japan and Taiwan OEMs, which Apple has been cooperating with before, could not produce it. Finally, they found Lens Technology after many rounds of efforts, and they were able to meet the requirements.
Mobile phone screens with multi-touch technology are manufactured.
When Lin Fan arranged for Deng Yuanjun to inspect the supply chain, he also told him to pay more attention to domestic companies.
Because if it can meet the technical requirements, we will definitely give priority to placing orders with domestic companies.
Also, foreign companies are very large and do not need investment from their industrial M&A funds.
The significance of his establishment of an industrial M&A fund is, on the one hand, to stabilize the supply chain, and on the other hand, to increase investment value.
To increase the value of your investment, you must definitely invest in enterprises that are still in their infancy in China. They are the most cost-effective and have the highest returns.
This is his plan to kill two birds with one stone.
Lin Fan tapped his fingers on the table a few times, looked at Deng Yuanyun, and said, "Let's talk to these companies and see if we can invest in them?
If you are willing to accept investment, you will give priority to mobile phone orders in the future."
Deng Yuanjun frowned, "Mr. Xia, these companies are not high-tech, their industrial added value is very low, and their return on investment is not high.
Take the mobile phone assembly factory as an example. They are begging us mobile phone companies to place orders. They cannot choke us because there are too many companies of the same type and there is no scarcity.
If you really want to invest, I think it’s better to invest in chips..."
Deng Yuanjun paused, suddenly feeling that something was wrong, and changed his words with a smile: "That's right, there is nothing to invest in. With this little money invested in the chip industry, I'm afraid I won't even be able to make a bigger splash."
"I have considered chips, but we are still focusing on the research and development of smartphones."
Lin Fan said with a smile: "When smartphones come out, chip design will be officially put on the agenda!
In the words of the older generation, we are now concentrating our efforts on big things."
Lin Fan estimated that when the recently invested companies grow, the amount of funds at hand will really increase, and he will be able to challenge difficult industries.
At present, the strength does not allow it.
You have to eat your food one bite at a time, and you can't go too far yet.
Deng Yuanjun nodded, "Okay, let's start with the simplest and most basic supply chain.
We will grow, and they will grow too. Maybe someday the OEM companies will start manufacturing chips, and the mobile phone screen manufacturers will also start OEM."
Lin Fan chuckled, and the other party was indeed right. The private entrepreneurs who have emerged in this era in China are still very courageous, and many of them are constantly expanding their living space and entering the high-end technology field.
"Oh, by the way, invest in two companies in each industry!" Lin Fan reminded.
Deng Yuanjun frowned at first, but quickly realized that this was also a check and balance method.
"Oh, Mr. Xia, there is a company that manufactures consumer electronic batteries, called ATL. Their shareholders are in urgent need of exit, and the Japanese TDK Group intends to acquire this start-up company.
I learned about it and thought we could try to acquire this company."
Lin Fan feels that the place is full of treasures, because ATL will create a company called Ningde Era in the future.
ATL itself is also very famous. Apple, Samsung, and Huami OV all use its batteries, and its global share in the lithium polymer battery field is close to 50%.
"Okay, you go and get in touch quickly. It's better for us to buy it than to sell it to foreign investors."
Lin Fan waved his hand and readily agreed to the plan.
In this era, many famous Chinese brands have been acquired by foreign capital. On the one hand, foreign capital wants to eliminate potential rivals and prevent China from moving into high-end manufacturing. On the other hand, there are also officials who want to urgently attract foreign capital to join in and add fuel to the flames.
Last year, Gree, which had annual sales of 13.8 billion yuan, almost sold for 900 million, which is a vivid example.
The reason is surprising. The local boss said that our local area urgently needs a Fortune 500 company.
