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Chapter 278 The Tall Zheng Yaoyang

Chapter 278 The tall and imposing Zheng Yaoyang

Author: Lin Zhonggu

Chapter 278 The tall and imposing Zheng Yaoyang

"Communication signals fully cover Hong Kong, reducing or even completely eliminating current network access fees."

When Zheng Yaoyang talked about his prospects for future telecommunications, Lin Defu's jaw dropped, as if he was hearing a fantasy.

He couldn't help but ask: "If the Internet access fee is given up, how can the company make profit?"

Zheng Yaoyang smiled faintly: "Depending on the number of users, mobile communicators should not be a luxury product."

Although Lin Defu had a good vision, he was born in this period and was always restricted by the limitations of the times.

At present, the population of Xiangjiang is about 5.5 million, and the number of telecommunications customers is only more than 13,400.

There is no doubt that these people are the most powerful group in Hong Kong, but they only account for 0.3% of the market.

A mobile phone costs 40,000 yuan, and you have to pay a network access fee of 50,000 yuan before it can be used normally.

I took out nearly 100,000 yuan in cash at one time just to facilitate daily communication.

Most people don't have this rigid need. Even if they have such a sum of money, they would rather go to a street store to make a phone call than buy such expensive items.

If you want long-term sustainable profits, you will inevitably cause huge losses in the early stage.

This is a bit like the Internet of the future. You are not afraid of large losses in the early stage, but you are afraid that there will be no suitable projects to burn money.

Lin Defu frowned. In his impression, Zheng Yaoyang should not be such an idealistic person.

He paused and said tactfully: "Whether a communicator is a luxury product or not, our communications company has no say."

The network access fee is indeed charged by them. If Zheng Yaoyang doesn't care about the company's losses after taking over Telecom, then they don't need to charge it at all.

However, the high-priced mobile communicators are shipped across the ocean from abroad, and are priced by foreign manufacturers. They are agents and make a profit on the price difference.

For example, the purchase price of a mobile phone produced by Motorola is 32,000 yuan.

Unless Motorola is willing to give up profits and reduce the price, they will also reduce the sale price appropriately.

If Zheng Yaoyang not only wants to cancel the Internet access fee, but also sells communicators at a discount, then Lin Defu needs to seriously doubt Zheng Yaoyang's IQ.

The former can be said to be investing and cultivating the market, while the latter is simply being taken advantage of.

Zheng Yaoyang laughed in surprise: "Mr. Lin, don't you think MiLi Technology is just an empty shell?"

He took out two mobile phones from his briefcase, which had been improved many times by Xiao Ziliang's team.

The cost of the ordinary version of PHS has been reduced to 3,000 yuan, and the casing is made of almost pure plastic.

The special version of PHS is aimed at the high-end market, and its luxurious appearance style has gradually approached that of Rittal.

The frame is made of hard gold that is not very pure, the back cover is made of sterling silver, and each button is inlaid with diamonds.

He wants to make money from common people.

He doesn't intend to let go of the rich man's money either.

Lin Defu looked at the mobile phone. The ordinary version of the pure plastic PHS looked like a work of art to him.

What's more, the special version of PHS designed according to artworks is compact and convenient, can be held in one hand, and is inconspicuous even if it is placed in the pocket of a shirt.

The size was just right. Lin Defu couldn't put it down and asked, "How does the call quality and standby time compare with Big Brother?"

Zheng Yaoyang smiled and told the detailed data that as long as they build a suitable communication base station, the call quality is not much worse than traditional satellite signals.

PHS micro-cellular communication technology, after magic modification by Xiao Ziliang's team, can be regarded as a true 1.5G communication technology, not Japan's marginal technology.

As long as the appropriate communication frequency is emitted, the call quality will be greatly enhanced, and there will never be a situation like living in a bungalow and having to go outside to talk.

Equipped with the latest Sony lithium battery, it can last for 24 hours on standby if not making calls, and can last up to 90 minutes of continuous calls.

Hearing Lin Defu's question, Zheng Yaoyang couldn't help feeling that there is still a long way to go before turning a communicator into a mobile phone. People's first consideration is call quality and standby time.

He looks forward to the time when 2G and even 3G communication technology is developed, that will be the real breakthrough.

Lin Defu was silent for a long time and said with emotion: "Zheng Sheng, you really impress me."

Xiangjiang is very prosperous, but it only has geographical advantages and has become a battleground between China and the West.

In fact, apart from finance, real estate, and movies, there are almost no products that can be produced.

Lin Defu once wanted to make a career, but due to the influence of the general environment, he could only go with the flow.

He sincerely admired Zheng Yaoyang. He could make money by engaging in real estate and finance, but he devoted himself to communications and manufacturing.

At this moment, Zheng Yaoyang's image in his heart suddenly became taller.

Lin Defu said: "Zheng Sheng, thanks to your respect, I am willing to serve as the general manager and transfer all 7.5% of my personal shares in Telecom to you to assist Telecom in completing its plan to delist from the Hang Seng Index."

The opportunity cannot be missed, and it will never come back. If he doesn't make his attitude clear now, he is a pure fool.

Telecom's delisting plan is enough to show that Zheng Yaoyang's ambition is not limited to Hong Kong.

As long as there are enough funds, corporate leaders are actually willing not to go public. Not only are there many rules, but they are also prone to power seizures, such as his Xiangjiang Telecom.

Zheng Yaoyang stretched out his hand with a satisfied smile on his face: "Mr. Lin, you are welcome to join us."

He likes to talk to smart people, because as long as they see the prospects of corporate development, they will not care about the so-called face and airs.

Just like Liu Bei's three visits to the thatched cottage in ancient times, if he had been as powerful as Cao Cao and Sun Quan at that time, he would have many fierce generals and advisers.

If Kong Ming refuses the invitation for the first time, he will be blacklisted, or if he is cruel, he will be killed directly. What he cannot get, others cannot get.

Lin Defu understands current affairs and makes the right choice, which makes Zheng Yaoyang very satisfied.

The two talked until late at night and basically determined the future development direction of Telecom. The top priority was to delist.

The next day, the news that Zheng Yaoyang led his team to the telecommunications headquarters spread like wildfire.

According to anonymous sources familiar with the situation, Zheng Yaoyang behaves in a domineering and unruly manner, which is a shame to the business community in Hong Kong.

It is an evocative article that makes those who read it sad and those who read it in tears. It makes people feel as if they are actually there. At first glance, it seems that it is not a third-party ghostwriter, but a bloody and tearful accusation against Zheng Yaoyang by a middle and senior management of Telecom.

However, there are many people who criticize Zheng Yaoyang, and it has also spawned professional anti-fan critics. He is not ranked at all.

The little article I wrote all night long was drowned in the tide of public opinion before it even made a splash.

That day is Friday,

The last working day of the week.

Zheng Yaoyang's acquisition of Telecom is a foregone conclusion. When the market opened in the morning, the stock price soared by as much as 160%.

Retail investors in companies controlled by the famous Xiangjiang God of Wealth do not seek to reach the heights of Huanyu. As long as the market value can rise to tens of billions in the future, they will be satisfied.

Just at noon, two pieces of news suddenly came out.

The retail investors who entered the market in the morning felt as if they had fallen from heaven to the eighteenth level of hell in an instant.

The first is the news that the Hong Kong Stock Exchange has agreed to change the actual controlling shareholder of Xiangjiang Telecom. This news also completely confirms that Zheng Yaoyang's shareholding ratio exceeds 50%.

Secondly, the Hong Kong Stock Exchange agreed to Xiangjiang Telecom’s delisting application and announced that the stock would be permanently suspended from the next working day for asset settlement.

If a company wants to delist from Hong Kong stocks, there are generally two settlement methods, which are subdivided into active delisting and passive delisting.

Companies that are passively delisted are generally insolvent and can only apply for bankruptcy protection. Investors can only accept buybacks at the issue price, or hold stocks for a long time, waiting for the date of re-listing.

Companies that actively apply for delisting will repurchase shares at the average price of the past 30 working days, with a fluctuation of no more than 5%. Investors do not accept the repurchase price, and can also hold it for a long time, waiting for the date of re-listing.

This special delisting regulation has made it difficult for retail investors who were still trying to squeeze out their heads in the morning.

Although Xiangjiang Telecom's stock price has fluctuated greatly during this period, if calculated based on the average, the final repurchase price is about 4 yuan.

After the intense speculation from various forces in the morning, Telecom's stock price has exceeded the eight yuan mark, which means that the price will be cut in half. Now it's up to anyone to run faster.

After the news was announced, Telecom's stock price staged a shocking two-level reversal within four hours of trading.

If the price of a company's stock repurchase is 5% floating on 4 yuan, then it is 3.80-4.20 yuan. Generally, it is calculated based on the minimum, which is 3.8 yuan.

The work of a company delisting and repurchasing shares is very tedious, and it can take as little as ten days and a half, or as long as a year and a half.

Some people don't want their funds to be tied up, so they can only sell the stocks they hold at a lower price.

Finally, when the market closed at 3 p.m., Telecom's stock price stayed at 3.75 yuan.

(End of chapter)


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