Bangalore, India.
This city in southern India is known as the "Silicon Valley of India". It has the Indian headquarters of many technology companies. Such as Intel, General Motors, Texas Instruments, Xiaomi, etc. Of course, domestic audiences are probably more familiar with Fat Arthur, the Grand Duke of Bangalore.
The Indian headquarters of Coolpad Mobile is located in this city. Two or three years ago, India adjusted relevant tariff policies to encourage local manufacturing. As a result, major mobile phone manufacturers have set up factories in India.
As a latecomer, Coolpad has invested heavily in the Indian market. In fact, as early as two years ago, the blue-green war between domestic mobile phone manufacturers, Vivo and Oppo, which are from the same school, once made the billboards on the streets of India only have two colors. Even Xiaomi’s advertisements were squeezed out of sight.
Since An Xiaoqian accepted Coolpad Mobile, it has implemented the strategy of "first outside, then inside". Because it is very obvious that the competition in the domestic smartphone market is too cruel, and ordinary mobile phone brands cannot stand.
Coolpad mobile phones are hard to come back from, and it is extremely difficult to break out of the "rest" market category again. It is better to go the route of brands such as “OnePlus” and “Transsion”.
Therefore, in the past two years, with its super investment, Coolpad mobile phones have now occupied the top five in the Indian mobile phone market share. A total of five factories have been built, and most of the mobile phone parts can be manufactured locally in India.
In other words, Coolpad mobile phones already have considerable assets in India.
The domestic time is 2 and a half hours ahead of India. Jing Gao arrived at Hong Kong Island at noon, and Lanny Mellon called in the afternoon. On the second day, the surprise came out. Relevant authorities in India raided Coolpad Mobile's headquarters building in Bangalore, accusing Coolpad of violating their Money Laundering Prevention Act.
A large number of Coolpad mobile phone bank accounts were seized, seriously affecting the company's operations. And the news quickly spread to Shenzhen, the headquarters of Coolpad in China.
"Mr. An, what kind of bullshit law is that? To put it bluntly, the money earned in India can only stay in India. As long as it is transferred, it is illegal! They still enforce this bullshit law seriously. This is robbery with open fire! This is not the first time they have done this kind of thing, now it’s our Coolpad phone’s turn.”
An Xiaoqian remained silent while listening to the call from the CEO of Coolpad Mobile India. After finishing the call for a while, she looked at the avenue of Nanshan Science and Technology Park and rubbed her eyebrows tiredly with her slender green fingers.
This strong woman who is as beautiful as ever, has a strong hand, and can pull a cool mobile phone out of the quagmire with one hand feels tired at the moment.
Ah San likes to shear the wool of foreign companies. This problem does not start with domestic mobile phone manufacturers. But the same is true for American companies. All have suffered losses. Such is their business environment.
However, India should have a vast population and market, and international capital will continue to enter. The Indian approach is to "raise a sheep, fatten it and then slaughter it."
Someone once jokingly said: Afghanistan is the graveyard of empires, and India is the graveyard of multinational corporations.
There are also legal experts within Coolpad Mobile who are assessing the risk of Coolpad mobile phones being "slaughtered" by relevant Indian departments. The conclusion is: Coolpad’s mobile phone market share is not as good as that of Xiaomi and Blue and Green, so it will not be the first target to be targeted, and there will still be a certain period of time.
But now it seems that this judgment was wrong. After Xiaomi was suppressed and fined, it was Coolpad’s turn immediately.
These losses are heavy!
An Xiaoqian arranged countermeasures for Coolpad mobile phones through her assistant, and those who resorted to legal action still had to fight. The other is to resume business activities as soon as possible, and consider withdrawing from the Indian market to try to bring back profits.
An Xiaoqian called Jing Gao. The call went to Jing Gao's personal mobile phone. Jing Gao answered it personally: "Xiao Qian..." Her voice was gentle and calm. In the morning, he was meeting Watson, the former CEO of Galaxy Group, who came to visit him at his villa in Stanley.
"Xiaojing..." An Xiaoqian originally wanted to report her work formally, but suddenly she felt a softness in her heart, so she asked the two of them to call him by his nickname when they got along in private.
Jing Gao gestured to Watson, "Mr. Hua, wait a moment. I'll answer the phone." He stood up and walked to the large balcony outside the living room. Hong Kong Island at the end of the twelfth twelfth lunar month is very comfortable with warm breeze, sunshine and beaches.
"Xiao Qian, I saw the news on the Internet. What happened in India is not your responsibility. My old friend Lanny Mellon said he wanted to give me a surprise. It seems that it should be on a Coolpad phone. Their Path dependence is really serious!
The Cold War was won, and now we are talking about the Thucydides Trap, and we must follow the path of victory again. If Huawei is doing this, now it’s better to crack down on the mobile phone business first. hehe! "
Listening to Jing Gao's warm voice, An Xiaoqian felt warm in her heart and shed tears. As the head of Coolpad mobile phones, she certainly knows how much resources and funds Jing Gao has invested in Coolpad mobile phones, and how much high hopes she has placed on them. But this time she really took a big fall.
"Xiaojing, I'm sorry! I am responsible for this matter. Coolpad Mobile did not do a good job in risk control." An Xiaoqian choked.
Jing Gao laughed and said warmly: "Xiao Qian, why are you still crying? My heart is torn by your crying. If you don't cry, it will be okay! The Indian market is not something that any company that aspires to be a world-class mobile phone manufacturer can ignore. . Chinese companies are being suppressed there, but they still make money. I can’t blame you for not doing a good job in risk control. This is my fault. Xiaoqian, don’t blame me!"
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An Xiaoqian burst into tears and smiled, with the shyness of a little girl, and gently adjusted the delicate glasses on the bridge of her nose: "Xiaojing, you are still joking. I won't let you worry. I just want to cry suddenly."
Jing Gao laughed and said, "That's good. Xiaoqian, have you arranged any countermeasures?"
"Um."
Jing Gao consoled him in a clichéd way: "Then just operate like this! Try to get as much profit as possible. It's not a place where you can do long-term business..."
Chinese companies have relevant experience in how to deal with India's troubles. As for withdrawing from the Indian market if he is fooled, that is for sure according to his temper. But here’s the trouble with exiting the manufacturing industry, which needs to be done slowly and slowly. Therefore, in the final analysis, the solution is still rational brokerage and business logic.
If you have money to make, do business; if you don't have money, close the business. That's it.
After chatting with An Xiaoqian for twenty minutes, Jing Gao came back and continued his "interview" with Watson, who had quietly come to Hong Kong Island to visit him.
"Mr. Hua, I have high hopes for the pharmaceutical group. Li Fanyi can still handle R&D, but there are still many problems in management. What do you think?"
Watson is fifty years old this year, tall and thin, with a delicate appearance. As a "working emperor" all year round, he has the temperament of a mature man in his forties: restrained and calm. He couldn't refuse the equity incentive and salary offered to Jing Gao.
Moreover, Jing Gao will give him full power over the pharmaceutical group. This is something that foreign-funded enterprises cannot give him. There are ceilings over there. Some people are always foolish to compare: Why are there far more Indians who can be CEOs of American multinational companies than Chinese. Are Indians better and smarter?
These people have never thought about the question: Is the CEO of a multinational company capable of being good enough to be in the position? Why don't you think about it? Do those shareholders have the same level of trust in Indians and Chinese?
Learn more about the situation abroad before talking. The red-headed Ah San was a long-term worker in the concession in Shanghai. Who are you?
Watson sat on the sofa, folded his hands, raised his head, and said, "Mr. Jing, I have a question that I have always wanted to ask you. I wonder if you can answer me?"
Jing Gao sat relaxedly on the sofa, crossed his legs, and said, "You say it!"
