723 【Confrontation】
This year, SMIC can't stand it anymore.
Even though a large part of the chips required by Shenzhou Technology are handed over to SMIC for foundry production, the situation is much better than another time and space, it is still difficult to stop its loss. It only lost more than US$5 million in 2007, and it was directly lost to US$400 million in 2008. It is expected that the loss will reach US$800 million next year - mainly due to the global economic crisis.
Faced with such a dilemma, some overseas investment institutions still feel that SMIC has great potential and want to buy shares while waving their money.
After multiple communication and negotiation, Song Weiyang invested US$100 million through an offshore company to acquire 8.5% of the shares of the major shareholder Shangshi Group (state-owned enterprise). He invested another US$200 million to acquire SMIC's targeted share issuance shares (about 15% of the shares). At the same time, Datang Holdings invested US$160 million to acquire SMIC's targeted share issuance shares (about 12% of the shares), and all the shares of the original shareholders were diluted.
At this point, SMIC can be said to be surnamed Song. He and Shenzhou Technology hold more than 35% of the shares, and there are three director representatives in the nine director seats. Of course, the offshore company has gone around many circles. Unless the US government investigates it personally, it is difficult to know that Song Weiyang is the major shareholder behind the scenes. Even the three director representatives are like that, and Zhang Rujing himself selects his confidant to serve as him.
Zhang Rujing was elected as chairman and continued to be his president and CEO. Datang Group sent one person to serve as vice president, specifically responsible for TD-SSCDMA-related businesses.
With a little spare money in hand, Zhang Rujing decided to buy two high-end lithography machines first. It doesn't matter whether the Dutchman sells it or not, he can buy it from his neighbor Nikon - Nikon lithography machines that once sold 900 units per year, but this year's sales volume is less than 30 units, which directly lost the entire South Korea and Wanwan market. In this case, Nikon not only sold it as much as it gives money, but also shipped quickly and was cheaper.
For Nikon at this time, no matter what the "Wassenal Agreement" you have, I will sell it secretly first. At worst, I will come out to apologize when the American father gets angry.
The lithography machine is always stuck with the neck of domestic chips, but it is not something Song Weiyang can solve. It must be continuously invested with the strength of the country.
Take Shenghai Microelectronics Equipment Co., Ltd. for example. In 2007, it developed a 90-nanometer high-end projection lithography machine, becoming the fourth company in the world to master the technology. However, after the news came out, all key components were banned, and the prototypes became decorations. The company had to switch to a lower-end rear-end packaging lithography machine and flat panel display lithography machine.
How to break the deadlock?
There are only two options.
First, the country mobilized a large number of scientific research institutions to carry out continuous tough battles and self-developed all the key components needed to produce high-end lithography machines. This is no longer a matter of lithography machines, but a complete set of related industrial systems.
Second, wait for technological breakthroughs, bypass the traditional path, and directly carry out dimensionality reduction strikes.
While acquiring SMIC, Song Weiyang set his sights on China Micro Semiconductor, which had just made a technological breakthrough. With his good relationship with the Shenghai government, he personally invested 100 million US dollars and obtained 15% of China Micro Semiconductor's shares, becoming its third largest shareholder. This fund is tantamount to China Micro Semiconductor, which is seriously short of money and is in development difficulties. It is also a timely rain with good intentions, because Song Weiyang invested in a super premium.
...
As the end of the year approaches, various selection activities have become more.
Sohu, Sina, and NetEase have conducted the "30-person selection in 30 years", which is more authoritative than the "100 storms and storms in 30 years of reform and opening up" of the Southern Newspaper. Because netizens can only vote for the top 100, and have also convened many experts, scholars and media people to vote. The voting of professionals is hugely weighted - even if Li Yuchun has a large number of public votes, it is difficult to rank in the top 30 once offset by the expert vote.
The voting results of the three major portals showed that Song Weiyang was all ranked in the top ten. The ones who ranked higher deserved the reputation. Song Weiyang was convinced and dared not disobey. Even if he gave him 100 courage, he would not dare to compete with those like Mr. Yuan.
What was speechless is that CCTV also held a "State Figure in the Year of Reform and Opening Up" selection, and also asked those who ranked high to have a conversation.
Given that he is a leader in technology companies and is also elected as a stolen figure with high votes, Song Weiyang was arranged by CCTV to talk to President Liu... The central mother has to give her face, and she will have to ask others to give her advertising space in the future.
Recording scene.
Bai Yansong is in the middle, Song Weiyang is on the left, and Liu is on the right.
No matter what the relationship is private, the basic demeanor must be maintained. Song Weiyang and Mr. Liu both smiled, shook hands and greeted each other very enthusiastically, and even gave a few compliments to each other.
Bai Yansong faced the camera and smiled: "Hello, audience friends... On the occasion of the 30th anniversary of reform and opening up, we are very honored to invite two leading figures of Chinese high-tech enterprises..."
Song Weiyang and Mr. Liu waved to the camera and gave a brief introduction to themselves.
Bai Yansong talked about the achievements made in the 30 years of reform and opening up, and suddenly asked: "Mr. Liu, what were you doing 30 years ago?"
Mr. Liu said: "I worked in the research institute in the 1970s. When the reform and opening up just now, everyone wanted to do some work. They were busy reading materials and doing scientific research every day. They felt very itchy and wanted to learn more new things."
Bai Yansong said: "The conditions were very difficult at that time, right?"
Mr. Liu said: "It is so difficult that it is unimaginable. My family lives in a 12-square-meter carport because the Institute of Computing of the Chinese Academy of Sciences has not allowed to build a house for more than ten years. Our whole family also has a 12-square-meter carport with father-in-law and mother-in-law. In addition, some are covered with asbestos tiles, totaling 16-square-meter carport. How do you think you live this day? All the furniture is folded. Pull out the bed at night and take it back during the day."
"If a child wants to buy cotton pants, he needs to make a budget several months in advance. He has to work hard to save half a year to make up the money for a pair of cotton pants. The prices at that time were very cheap, but the wages were also low. The food was also very cheap, but he couldn't buy it even if he had money, so he had to buy it with a ticket. I have experienced the development and changes in China for 30 years and cherish the current society very much. I also hope that young people today can cherish the hard-earned life."
Bai Yansong looked at Song Weiyang again: "Mr. Song, Ling Zun had already started his business 30 years ago, right?"
Song Weiyang said: "At the beginning of the reform and opening up, my father first went to take the college entrance examination. At that time, there were quotas for the college entrance examination of educated youth, and the village needed to issue a certificate. My father fooled the village party secretary to issue a certificate, but unfortunately he failed the review in the end because my grandparents had some historical problems. He was discouraged for a while and he started a winemaking workshop with young people in the village, and carried wine jars with my mother to promote the sales of villages one by one."
"At that time, the land co-production contracting was not under contract. Mr. Liu said that his family was in trouble and needed to buy food with tickets. Farmers did not need to rely on tickets, but they had to calculate the labor points. The grain they received every year had a fixed quota, and it was always not enough to eat. After the farmers assigned the refined grain, they immediately took them to the city to sell them and replaced them with coarse grains such as corn. The corn was not enough to eat, and the staple food was actually sweet potatoes. Even less than enough cooking oil. A family of three would have to eat a pound of rapeseed oil for a year!"
"In this case, my father is also very enthusiastic and dares to open a winemaking workshop. The food consumes a lot of food! I still don't know how they got the food to make wine, but no matter what the method is, it must have been illegal at that time. In the 1980s, my father was arrested and went to jail. He absolutely did not wrongly accuse him. He used air to make wine without illegally making grain? Farmers sell fine grain and buy coarse grains, and they all have formal channels. It is impossible to buy too much at one time. If the amount is too high, they are suspected of speculation and overturning."
Mr. Liu smiled and said, "Ling Zun is very business-minded. In this case, there is definitely no private brewing. As long as the wine he brews is slightly cheaper than the wine made by the public, he will definitely not have to worry about sales."
Song Weiyang nodded and said, "I only had a winemaking workshop for more than three years. My father swallowed up the winemaking workshop in the town. It cannot be said to be annexed, because it is a township-level collective enterprise, and my father can at most be considered a long-term contract. Not only has he expanded the scale, he also obtained a legal identity and a collective enterprise contractor."
Bai Yansong said: "Mr. Song's father is a typical representative of township entrepreneurs. He needs to break through various policy restrictions and the road to entrepreneurship is difficult. What about Mr. Liu, what difficulties have you encountered in the process of starting a business? I heard that before you founded Lenovo, you had sold roller skates?"
General Liu said at the meeting: "It was not before Lenovo founded, but after. The director gave us 200,000 yuan to invest. This money was a lot at that time. The problem was that we made computers, 70,000 yuan per computer. How do you say it? And Lenovo was just founded, and 140,000 yuan was cheated out of 140,000 yuan as soon as he started it. The remaining money could not even be bought with a computer. Intellectuals just went into the sea and didn't know how deep the sea water was. It was a lesson! Then just trade it. I sold roller skates and electronic watches. Some people said that I had also sold vegetables. I declared that I had never sold vegetables. At that time, many units imported computers, so we inspected, gave lectures, maintained machines, and accumulated funds by relying on this little bit. Then we used this money to develop the Lenovo Chinese Character System, and then opened the market through the Chinese Character System."
Bai Yansong said: "No matter what, your experience in selling roller skates and electronic watches has also accumulated business experience in the future."
Mr. Liu shook his head and said, "What experience can you accumulate when selling roller skates? The real experience is to be an agent for ibm, learn how to promote the market, learn what financial management is, and then run your own factory, develop R&D, and build a brand. This is a path of trade and technology. First, do trade and enrich funds, and then develop technology to form supporting facilities."
Bai Yansong said: "Mr. Song started his business and sold canned food?"
Song Weiyang shook his head and said, "Selling business wisdom."
"How do you say it?" Bai Yansong asked.
Song Weiyang smiled and said, "Now many people call me Dr. Ma, I don't need to deny this thing. My father was in prison and his family owed millions of debts. One or two hundred people in the canning factory were waiting to pay wages. Many fruit farmers were waiting for me to settle the payment. What can I do as a high school student? I went to the Special Zone with some money, and I didn't even have a pass. I entered the Special Zone with a barbed wire mesh and dog hole. It was a tide at that time, and the office buildings in the Special Zone were full, and a table was a company."
"I had a conversation with several bosses who went into business and found that they were the same as when Mr. Liu first went into business, and they didn't know anything. Then I would start a training class to teach them how to do business, and listen to a class of 500 yuan. I dare to charge such a high tuition, and they dare to pay it!"
Mr. Liu smiled: "You will have a lot of ideas for doing that private post."
Song Weiyang said: "The full name is 'China Private Enterprise Development Promotion Association', which helps private enterprises develop. I am a silly and paying for classes. I will come and show my abilities first. Set up an association to help several beverage companies, which not only make money, but also helps people, but also accumulate fame. Of course, this thing is on the edge of the law, so the audience in front of the TV should not learn from me. To put it bluntly, those who learn from me are liars, but they don't have any real skills. Do you think I sell trophys to companies? I also give them the development concept. The companies that have bought my trophy and the bosses who have heard of my lectures have never regretted it afterwards because they have learned something."
"Tell me something interesting. When I was giving a lecture at Taurus Business School last year, I met an old acquaintance. He was the director of a beverage factory and bought trophys for me. When I talked to him about business strategies, I gave an example of a car wash. Later, the factory he led was reorganized and was merged by a private company. He simply went to Shenzhen to open a car wash. According to the case I made up randomly and according to the business philosophy I mentioned, he has now become the owner of a large chain car beauty city. The most famous "Hongtu Car Beauty City" in Shenzhen was opened by him, and the chain store was opened in major cities such as Beijing, Shanghai and Guangzhou, with a net worth of over 100 million. This person can be found, it is not fake. When he met me, he said: 'Teacher Song, what you said at the beginning will benefit me for life, and the money was worth it!'"
"You have to rely on your brain to do business. Whether it is technology, industry and trade, or trade, industry and technology, you can grow stronger if you have a business mind. To a certain extent, you must also keep a clear mind and formulate long-term routes based on the market environment and its own situation. You cannot rashly technical industry and trade, nor can you go all the way to trade industry and technology."
"When Shenzhou Technology was first established, it also took the path of trade, industry and technology. We didn't know any technology, so we made money by selling Xiaolingtong. We first accumulated funds through trade. Then we increased the process, compressed costs, and continued to grow by "work". When we developed to the point of not being short of money, we immediately began to put "technology" first, completing the perfect transformation from trade, industry and technology to technology, industry and trade."
Mr. Liu smiled and said nothing.
Song Weiyang's words mean something. Bai Yansong was afraid that the two guests would argue, so he immediately changed the topic: "Mr. Liu, do you have any particularly great regrets in the history of Lenovo's development?"
Mr. Liu said: "There are no big regrets. We have proposed three factors of management: building a team, setting a strategy, leading a team, and having a scientific and meticulous way to determine the strategy, so there will be no big strategic mistakes. As long as you go the right direction, there will naturally be no big regrets. There are still specific regrets, just like the trade, industry, technology, technology, industry and trade issues mentioned by Xiao Song just now. I had a disagreement with Mr. Ni. This is a conflict between the company manager and the technical manager, which has caused a great social impact, which is also a regret."
Song Weiyang smiled and said nothing.
Bai Yansong said: "Shenzhou and Lenovo have launched overseas strategies. What other measures will the two take on the internationalization of brand marketing?"
Song Weiyang said: "Mr. Liu will talk first."
Mr. Liu said: "Since we acquired ibm's PC business, I know more about the power of the brand. The same good thing, one with a brand, the other without a brand, cannot sell it, and it takes a lot of effort to turn things without a brand into something with a brand. The overseas brand strategy we need to do in the future is to gradually transform the brand influence accumulated by ibm into Lenovo's own brand influence. A company's brand has a lot to do with the national brand. Today, China's economic brand is still very weak in the world. When people hear Chinese goods are synonymous with resistance, this requires many Chinese companies to establish the Chinese brand together. Lenovo is just one of them. Only by working hard with domestic comrades can we make China's brand image well. We went out earlier, encountered more difficulties and paid a higher price, which is also something we are willing to do."
Bai Yansong said: "Where is Mr. Song?"
Song Weiyang said: "It is true that as Mr. Liu said, the image of Chinese brands is worse. China's smart phones, whether they are 2g or 3g versions, are stronger than Apple, and are on the market first. But our sales are always worse than Apple, which is nothing more than losing the Chinese brand. But I think that as long as technology is improved, innovation is improved, and silently working, the brand influence will also increase. Take now for example, although Americans still think that Chinese goods are generally low-end, our smartphones have many highlights, which are enough to offset this potential negative impact."
"A force has been formed among young American consumers. They have become loyal users of Shenzhou mobile phones, which is the so-called 'Shenzhou fans'. They are proud of using Shenzhou smart phones, and even mock Apple users in the online community. They mocked Apple 3G version of mobile phones for being disconnected, mocked Apple 2G version of mobile phones for not having good signal, mocked Apple phones for not being able to replace batteries, mocked Apple phones for not being able to use Google maps, mocked Apple phones for not being able to use Google search engines, mocked Apple phones for not being able to use Apple search engines, mocked Apple phones for not being too comfortable watching videos on screen too much."
"You have the skills and innovation in place, and the quality is excellent. If you can do what others cannot, your brand influence will naturally increase! If you can do what others cannot do, then you will be awesome and you will be able to start your own brand. The host asked about China's future international brand strategy, and in one sentence: stick to technological innovation!"
Mr. Liu added: "Lenovo has always insisted on technological innovation. Personal computer products are in full swing and must constantly update content forms according to customer needs. Computers and mobile phones are getting closer and closer to broadband wireless. If there is no large investment in R&D and no vision, it will definitely not work."
Bai Yansong also said: "How do you two evaluate their own development strategies and how can you maintain the competitiveness of your company during development?"
Mr. Liu smiled and said, "Xiao Song will talk first."
Song Weiyang said: "We are different from Lenovo's diversification strategy. Shenzhou only makes electronic products, and of course also invests in some high-tech fields. A person's energy is limited and a company's energy is also limited. If you choose too many times, it will be difficult to make a decision at critical moments, resulting in the dispersion of the company's energy. We must aim at one point and rush forward, drive this point out a road, and then drive this road out of the sky! Shenzhou only started to do small-scale communication, accumulate funds, technologies and channels, and then through these funds, technologies and channels, we began to make mobile phones, computers, USB drives, chips, motherboards, and electronic education products. Shenzhou smartphones should be the master of Shenzhou Technology's silent efforts over the years."
"Xiaolingtong is a point. Later, various products have gone through one path, and Shenzhou Smartphone has already made a big splash. This sky is not what I have blown up. A Shenzhou Smartphone has spawned thousands of software companies around the world within one year. They make a living by making mobile apps. As long as we keep doing it, this sky will become wider and wider, even changing the whole world and changing everyone's lifestyle."
Bai Yansong said: "President Liu will talk about it."
Mr. Liu did not take Song Weiyang's advice at all, and said to himself: "Lenovo Holdings is a non-related diversified investment relationship. This concept itself needs an explanation. We highly advocate business specialization. Back then, I decided not to do real estate or other investments. Why did it today? I will explain to you that it is very important to have different organizational structures. A company sells computers or mobile phones, and the leadership organization of each department is called a business department. People in the business department are appointed by the company's business, but the overall finance, personnel and strategy are under the control of the company. This business department system, which sells computers and houses, is very different in cultural incentives between computer technicians and house sellers, and it is difficult to manage the headquarters. This business department system is not possible."
"We use the form of subsidiaries. Computers are specialized in computers, investments are specialized in investments, and real estate are specialized in real estate. Each company has its own strategic and financial systems. I only monitor the overall situation. Their achievements are theirs. If you choose the right person and choose the right general direction, then you can do it. This will ensure diversified development from the system. Lenovo can walk on multiple legs and will not distract its own experience. Lenovo's multiple subsidiaries can start from multiple points, and make multiple roads at the same time, and make several days at the same time."
The last sentence is a response to Song Weiyang.
From then until the program was recorded, Song Weiyang and Mr. Liu were both competing in secret. They didn't say a single dirty word, but they fought each other throughout the whole process, which caused a huge response after the program was broadcast.
Some media even brought Academician Ni out to talk about the matter, claiming that the Chinese business community has once again staged a dispute between "technology, industry and trade" and "trade, industry and technology". Song Weiyang is the successor of Academician Ni's philosophy.
Both sides have a group of supporters, but the vast majority of young people are on Song Weiyang's side.
Especially Song Weiyang's words made the young people excited: aim at a point and rush forward, rush out a path, and rush out a sky. This sky will become wider and wider, and even change the whole world and change everyone's lifestyle.
Young people like to listen to such remarks. Who doesn’t want to change the world when they were young?
Chapter completed!