"First of all, I think we, iFlytek, must give up our desperate struggle in the instant messaging market. Although we have been operating in this market for decades, the rise of Longteng Group has eliminated our advantages. I carefully compared our
Regarding the products of both parties, I found that even if our products are of similar quality, we do not have the strong marketing capabilities of Longteng Group. Because Mr. Ma cannot become Zhang Fan. Zhang Fan himself is a huge fan base..."
Chen Sheng said seriously, not caring about Ma Xunfei's thoughts at all. Ma Xunfei sat there without any expression.
"So, I think a successful company must see the facts clearly and make decisive decisions. This time our stock fell sharply, it just illustrates a very important issue. That is, the Internet bubble is really serious, so we must
We need to transform and transform into a business. And this breakthrough is the Xinhe Department Store we just acquired."
Chen Sheng's words made Ma Xunfei squint his eyes, and others were also curious.
"The circulation of goods requires a platform. Baili Mall is a platform, Longteng Mall is a platform, and our iFlytek Mall is also a platform. Now, we have taken the lead in combining online and offline platforms. This is our advantage.
The one-step plan is very simple. Separate iFlytek Mall and Xinhe Department Store and learn from Longteng’s self-operated model. We will join the manufacturing industry and then rely on Xinhe Department Store and iFlytek Department Store to sell goods..."
Chen Sheng began to talk about his ideas. Chen Sheng's strategy is very simple. In fact, it is Longteng's self-operated model. It relies on iFlytek Mall and Xinhe Department Store as the carrier.
Concentrate funds to expand the scope of Xinhe Department Store, and then get involved in industry to earn more profits.
"A company that is spun off should only be used as a last resort. I do not recommend listing it again. Although going public can make money, it also increases risks..."
Chen Sheng finally gave some suggestions for the new company. For the new company, it will start to lose jobs, pool funds, and build iFlytek Group’s own self-operated model, and at the same time, it will not go public unless absolutely necessary.
Listed companies are better than going public. Going public can raise funds quickly, but it has some disadvantages. Although iFlytek's stock has plummeted, its strength is still there.
After listening to Chen Sheng's words, Ma Xunfei looked serious. After being in the mall for so many years, Ma Xunfei has experienced too many things. Although the current situation is critical, Ma Xunfei is still the top rich man.
"Do the rest of you have any good opinions?"
Ma Xunfei then asked, and others discussed in low voices, but did not give any pertinent opinions.
"Since no one is talking, let me tell you my own opinion. Chen Sheng and I have the same idea. It's time for iFlytek to transform. But this transformation is our own..."
Ma Xunfei's words made everyone's eyes light up. Iflytek Group has a strong market value, but Ma Xunfei is not the largest shareholder. Ma Xunfei's shares in the iFlytek Group are only about 13%. And the largest shareholder
It is a South African bank.
Over the years, Ma Xunfei has always wanted to repurchase iFlytek's shares. But it has never been able to do so. Now this opportunity has made Ma Xunfei's ambition reappear.
iFlytek's strategic shift has reached an inflection point. Then iFlytek can completely control the company with its own money. iFlytek's team is very good at such operations.
In this way, the new company, iFlytek, will have more autonomy. When this new company becomes stronger, it will become the new iFlytek Group that belongs entirely to iFlytek.
Privatization. Nowadays, many listed companies want to privatize their own companies. Through stock buybacks, they can control absolute equity. This is also a disadvantage of going public.
iFlytek Group has begun to brew new policies, but it is more difficult for Apple than iFlytek Group.
After the release of Longteng Online School, the shortcomings of Apple mobile phones were fully revealed. Although the mobile phone is good, it cannot download the software of Longteng Group. Other software is okay, but Longteng Online School is the only one.
For a time, the second-hand market was filled with a large number of Apple mobile phones. And the physical Apple mobile phone stores across the country were in mourning and deathly quiet.
"Return, must return..."
"Requesting a return..."
"return the goods……"
"I want to return the goods..."
"Apple returns..."
In Yanjing, in front of the largest flagship store set up by Apple in China. Many people gathered there, pressing their iPhones in their hands and shouting to return them. After Longteng Online School appeared, Apple phones could no longer be sold.
Many merchants have a large number of unopened Apple mobile phones in their hands. If you throw these phones into your hands at this time, it will cost you money.
At the same time, in many stores, many iPhone users are also clamoring for returns. They bought an iPhone, but now some software cannot be downloaded.
“Apple mobile phones are freezing and consumers are asking for returns…”
"Apple has no response yet..."
"Apple Group will lose the Chinese market..."
"An ant stumbled over an elephant, Longteng Group performed an asymmetric victory..."
"The domineering Apple China encounters obstacles..."
"The price of domination, can the Chinese market wake up Apple?"
Reports, domestic and foreign media have reported on this matter. Many American media have also reported on it. Everyone is very aware of Apple's dominance in recent years. It is often the maker of the rules.
Many times, with their strong market scope, they simply do not abide by some rules. They even do not pay royalties for some patents, making many suppliers obey their rules and so on.
Apple's dominance has long been obvious to all. Every time, Apple can make the other party obey its orders. This time, it suffered a big setback in China. This big setback also made everyone see clearly the weakness of the giant Apple.
Software, no matter how good a mobile phone is, it still needs software support. Especially in the current era of smartphones. The functions of mobile phones are no longer limited to making and receiving calls.
In this era, powerful software is the real king. Once a mobile phone loses its software, no matter how excellent the mobile phone is, it will become worthless.
If you don't seek death, you won't die. This saying has been confirmed by Apple. If they didn't charge for appreciation fees, how could they have gotten into such trouble with Longteng Group?
The crisis, the release of Longteng Online School, put iFlytek and Apple into crisis. Longteng Group benefited a lot from this, and Longteng Online School spread throughout China.
At the same time, the new low-cost mobile phones launched by China Unicom are also selling well, and the Longteng online school card launched by China Unicom is also popular. This package has led the other two mobile companies to actively seek cooperation with the Longteng Group.