The aqua-blue strapless evening dress that Wei Chenjun wore to the banquet last night was no longer in shape. Igao liked her evening dress very much. So, everyone understands. At this moment, she was wearing refreshing autumn clothes, a thin jacket, and cyan slim straight pants. Sitting in a luxurious and comfortable car chair, a concave arc is pressed out. Looking at it makes people want to feel the elasticity of her plump and graceful body.
She said slightly confused: "Mr. Jing, do you have any new plans?" As the head of Chenxi Bank. Wei Chenjun, like An Xiaoqian, is also a core member of the Phoenix and Taichu Groups.
She still understands the overall situation of the Phoenix Group. A weekly newsletter email is sent to each member's internal mailbox.
The current situation of Phoenix Group is indeed very good. After Uber went public, its stock price has been performing well in the past month. She and Guo Lingyu's LP Investment Group were originally going to support the market. This is a major event that is on Que Jinggao's mind.
Not long ago, Jing Gao and An Xiaoqian visited Huawei. She made a series of adjustments to the mobile phone business, one of the most important measures being that Chenxi Bank, run by her, loaned another US$2 billion to burn money on Coolpad mobile phones.
There are three uses in total. First, continue to recruit R&D personnel in Shenzhen and expand the R&D team. Second, speed up the construction progress of Jinling’s mobile phone laboratory. The main thing is to recruit people first. This team is mainly responsible for overseas markets. Third, we plan to buy land in Dalingshan Town, Guancheng, to expand the mobile phone factory and build Coolpad’s headquarters.
Coolpad Mobile has previously purchased a 12-story office building in the central area of Baoan, Shenzhen. But this is far from enough for Coolpad to continue to grow its office needs. We will continue to expand.
Therefore, the previously weak mobile phone business began to slowly improve with An Xiaoqian taking charge. With this capital infusion, coupled with An Xiaoqian's management skills and some things she learned from Huawei, it is very likely that the mobile phone business will take off.
Wei Chenjun agrees with Coolpad’s strategy of developing mobile phones in overseas markets first and then returning to China to compete.
The project where Phoenix and Taichu Group have gained huge hidden influence and foothold in China: chips. In this regard, Jing Gao had a serious idea when he met her yesterday, which was to rush to buy wafer production lines around the world. Buy all the second-hand, mid- to low-end chip manufacturing equipment you can buy from China. No matter the cost.
According to her estimate, this project will cost about US$5 billion to be implemented within one or two years.
There is also research on the newly established 90nm process technology in Jinling. This part also consumes talents and funds. However, the estimated US$1 billion should be effective within three to five years.
Uber is the core foundation that lays the foundation for Phoenix Group’s identity as an Internet giant. Chip manufacturing is the foundation of our business. The mobile phone business is currently the largest consumer electronics market. So, if these three major businesses are finalized, it is actually understandable that Jing Gao will have time to engage in other businesses.
Jing Gao laughed and said: "I have read a book myself, and there is a point in it. The general meaning is that when a company's capital accumulation reaches a certain level, it will definitely move to capital-intensive, technology-based industries with higher thresholds. Intensive industrial transfer requires high and stable profits.
Before the chip manufacturing industry boomed, this so-called capital-intensive and technology-intensive industry was generally worthy of heavy industry. For example: steel, automobiles, chemicals, shipbuilding, etc.
At present, the steel industry is a bit of a sunset industry. Production capacity is being adjusted now. This is not to say that the steel industry is unimportant. Before the concept of GDP was proposed, statistics on the strength of various countries were basically based on steel production. "
When did world public opinion begin to emphasize the role of GDP? When Soviet steel production was at its peak.
"I talked with Professor Zhai from the Renmin University two days ago. His view is: with the increase in domestic labor costs, the transfer of manufacturing to low-cost areas is an inevitable trend. I have no interest in entering the steel industry. And the chemical industry, The mining field is prone to production safety risks. The last accident in Jingzhou made me not want to worry about it now.
I am very interested in the automotive field. "
Wei Chenjun sat in the stable Maybach and said softly: "Mr. Jing, you want to enter the automotive field. Isn't Shenxing Technology doing it? They have obtained land in Yangcheng and are waiting to build a factory."
Jing Gao held her slender waist and asked her to rest her head on his lap, admiring her bright and mature appearance and style. His hand went down her collarbone. Said: "The key lies in building factories. Nowadays, domestic electric car manufacturers basically outsource manufacturing. Tesla, on the other hand, builds its own factories.
The current track in the Internet field is shared travel, live broadcast, and short video fields. At the manufacturing level, we can all see that as the mobile phone business enters the Red Sea era, the biggest outlet now is electric vehicles. I want to acquire a car factory that produces and takes photos of cars and get involved in this field. There just isn't a suitable person in charge right now. I am quite dissatisfied with the current work progress of Shenxing Technology. "
Wei Chenjun looked up at Jing Gao, with endless charm and gentleness on his oval face, and his legs under the blue straight-leg pants were tightly together without any gaps. The emotions in my heart surged like a tide. Said: "Mr. Jing, I definitely support you. Take your time. There will always be a suitable candidate. Are you going to Qiongdao in two days to check out HNA's related asset packages? What do you think about the aviation industry?" Are you interested too?"
Jing Gao smiled and said: "I would like to build airplanes. The problem is, there is definitely no policy for this. We can only be a supporting manufacturer. But shipping can get involved. Let's wait and see when we go back to Qiongdao."
Wei Chenjun nodded, hesitated, and said: "Mr. Jing, you are currently managing the business of Phoenix and Taichu Group well. In the real harvest season, it will take five to ten years of hard work, and it may become world-class.
But let me tell you, you should actually pay attention to the businesses of the Internet companies with the highest market value. At present, the overall profitability level of Phoenix Group and Taichu Group is actually not good enough. Money is being spent everywhere. I'm worried that some people will take advantage of this. There have been some rumors recently on Hong Kong Island.
Now the star projects of Phoenix Group: Phoenix Pay, Orange Takeout, and Xiaoyuan Bicycle, all of which require your attention. Moreover, related to electric vehicles, autonomous driverless technology and battery technology require a large amount of capital investment. "
Jing Gao nodded and agreed: "Chen Jun, I agree with you. You don't have to worry about the funding issue. I have some good investments overseas. Dividends and shares are worth a lot of money. Go long! Ten thousand years It’s too long, just seize the day.
The news on Hong Kong Island, haha, the man named Li can't sit still anymore. Get ready for trouble. The Kadoorie family and I have joined forces in electricity and are squeezing the share of Li Jiacheng's companies. Since there is news, I will stay on Hong Kong Island for a few more days, cooperate with Huawei, use Huawei's base stations to set up communication networks, and grab the business of operators on Hong Kong Island. Haha, Li Jiacheng takes himself too seriously! "
