Chapter 409: Rice Dilemma
Daxia's enterprises and stock market attach great importance to these data, such as profitability. Although a high proportion of R&D investment will enhance innovation and technical strength, if there is no result, it will waste resources at best, and cause the collapse of the capital chain and bankruptcy of the enterprise at worst.
For example, Xia Wei's R&D ratio has been between 10% and 20% for a long time, and the results of R&D can be said to be fruitful. Xia Xing's R&D ratio has basically been above 10% in recent years, but its market competitiveness has plummeted.
There are so many companies in the world, and no company can guarantee that its R&D investment in any industry will definitely bring rich returns.
Of course, except for Jiuzhou Technology.
The heat of August continues. After three rounds of public relations, the reputation of Xiaomi MIX 4 still can't hold up...
Problems such as heating, freezing, and black screen that greatly affect user use still exist after users exchange products.
With the lessons learned from the past, users who bought it later basically chose to refund and return the product directly after playing for a few days, commonly known as freeloaders.
I not only experienced the performance of the curved screen and Qualcomm Snapdragon 888+, but also posted a space post without paying a penny.
The executives of Xiaomi, who were smiling ruddy before, stopped smiling abruptly after seeing the record-breaking refund rate and the huge pre-orders.
"Mr. Lei, what should we do now?" The executives of Xiaomi's mobile phone department held the report with a worried look on their faces.
Lei Jun took a deep breath. He looked at the other party as if he was looking at a mentally retarded person, and laughed angrily: "You ask me what to do? Have you done the factory inspection? Have you figured out the fault solution?"
"The fault problem has been found out. The power consumption and heat dissipation of the Snapdragon chip and the screen chip do not have a good heat dissipation design, and the assembly of components has not reached the best precision.
There are two solutions. If we want to keep the curved screen design, we must use the assembly line, Chenxing chip and motherboard provided by Jiuzhou Technology. If we give up the curved screen, our R&D staff recommends installing the Gonggong system, because our system components can't release the performance of the Snapdragon 888+ chip while controlling the power consumption and heat dissipation."
"(O_O)?" Mr. Lei looked like a wise man.
Thinking of the two years of fighting for talent with companies such as Jiuzhou Technology, Xiawei, and opo, all the money spent was a lot of money, but the result was this solution. Lei Jun stared angrily, stood up and shouted: "What do we recruit these R&D personnel for? To make systems, there are a lot of system bugs, and to assemble hardware, the precision is not up to standard, get out!"
After hearing this "get out", the executives of the mobile phone department were not so timid, and immediately bowed, then turned around and left the office.
After Lei Jun got angry, he slumped in his office chair.
He looked a little confused. Da Mi wanted to mobilize a large amount of funds to make cars, but if the basic market collapsed, could it continue to make cars?
Impossible.
But now Qualcomm and Da Mi are more and more closely tied. Da Mi mobile phones can no longer abandon Snapdragon chips on high-end flagship phones and use chips from other companies, while Jiuzhou Technology's OLED screen and chip technology are equivalent to the dominance of Korean stars in those days.
What should we do in the future?
No one can answer his question.
While Lei Jun was confused and thinking, the headquarters building of Suiren Company welcomed a special group of people.
Although the members of the Xia Investment Committee were not well-known, they were still low-key.
After reading the perfect report, Dong Qi sat in the main seat and looked at it. The faces of Xia Wei and the representatives of the Xia Investment Committee changed.
As the chairman of Xia Wei Investment Holding Co., Ltd., Liang Guosheng looked at the confidential document in his hand, and his heart was both shocked and melancholy.
"Exclusive five-year license for Jiuzhou Technology's solid-state batteries, commercial service agency for the next five years of Gonggong System, close partnership with Jiuzhou Technology, Jiaolong series mobile phones accounted for 90% of the global 10,000 yuan mobile phones that month, Suiren smart home authorities accounted for 3% of the global market sales, five-year R&D and manufacturing plan for SR1 glasses, five-year R&D and manufacturing plan for SR1 helmets, exclusive commercial service agency for Jiuzhou Community and Jiebei Community, Jiuzhou Technology Star Project chip priority partner...
All these projects are invested in Suiren Company. Is Gu Qing really a fool? Or is there so much technology in his hands that he can't use it all...
If you invest like this, our Xia Wei may not even get 10%."
Liang Guosheng knows that his company will never give the technology in his hands to Suiren Company for exclusive authorization, at most it will be a priority cooperation.
Xia Wei is rich, but Xia Wei's money is really a drop in the bucket compared to the capital represented by Xia Ziwei on the opposite side.
But if you invest in technology, it can't compare with Jiuzhou Technology, a dragon crossing the river.
Thinking of Ren's instructions before the meeting and the expectations of other senior executives of the board, Liang Guosheng frowned and took a deep breath.
On the other side, the representatives of the Xia Investment Committee had more smiles on their faces.
They had never expected that Jiuzhou Technology could come up with so many technologies and promises.
"Any of these projects can create a technology company with a market value of tens of billions or even tens of billions. If they are all added together, how high would the market value be? Hundreds of billions? Trillions?"
Although the capital flow in their hands is very strong, facing this feast, many representatives still can't keep calm.
Today's meeting is very important. Shuiren Co., Ltd. will be converted into a real joint-stock company after the purpose of the meeting is achieved.
Daxia companies are divided into limited liability companies and joint stock companies. The law stipulates that companies that go public must be joint stock companies, so limited liability companies must change to joint stock companies in accordance with the legal form before going public.
And the most important thing in this step is shares and funds.
You said that your valuation is 100 per share. In 2019, the price of one share of Xiaomi mobile phone stock was only 8.92 Hong Kong dollars.
Of course, as long as this step is negotiated, with the participation of the Xia Investment Committee, the subsequent guidance, application, communication and feedback, IPO review meeting and the final listing will become very simple.
After all, the referees are all our own people, so how could they be stuck?
All the participants, even the representatives of Jiuzhou Technology, realized that in Daxia’s stock market, or in this world, Jiuzhou Technology’s influence is no weaker than Google and Microsoft. Even if it is given time to grow, the shell of Suiren Company will probably become a giant in the financial market.
Jiuzhou Technology Company founded by Gu Qing is leading the transformation and upgrading of Daxia's semiconductor industry. Its bionic mechanical prosthetic technology is already unrivaled in the world, and its other screens, systems, AR/VR are so powerful that they can make the whole industry tremble with a stomp of their feet.