584 [PHS's alone food is gone]
Beijing, courtyard house.
The grapes in the yard are already densely branched and leaves. More than a dozen members of the Taurus Club are sitting under the grape trellis to drink tea and cool off.
Wang Chuanfu looked through various information about Taurus Capital and the simple statements of its shareholders and said in surprise: "Shenzhou Technology's net profit in the first half of this year was 750 million yuan? This is too profitable!"
750 million yuan is not sales, not gross profit, but net profit, and only half a year of net profit!
Because Shenzhou Technology is not a listed company, it never discloses its financial reports, and no one knows how profitable this company is. At this moment, other members of the Taurus Society were shocked and even a little doubted the authenticity of this simple report.
Song Weiyang explained: "The main profit point of Shenzhou Technology is Xiaolingtong, followed by computers and mobile phones, U disks, repeaters and the handheld computers launched this year are also quite profitable. Moreover, the 750 million yuan half-year net profit does not include the domestic and foreign patent licensing fees of U disks, nor does it include the profits obtained from investing in SMIC. Of course, starting from May this year, Xiaolingtong will not be able to eat alone, and the competition will be very fierce in the next few years."
"What is Xiaolingtong's current market share?" Duan Yongping asked.
Song Weiyang said: "About 80%.
Xiao Lingtong, a unique business, was finally divided into cakes.
It’s not that the telecommunications department has gone back on its word, but that Netcom is making trouble. Since last year, Netcom has been involved in the business of Little Lingtong, and its partners are ZTE and Lucent. But both are small-scale fights, because Netcom has little influence and Shenzhou Technology has dominated more than 99% of the market share.
However, in May this year, the telecommunications companies in the ten northern provinces and Jitong Communications Company were all merged into Netcom, North Netcom, and South Telecom were officially formed.
As a result, the newly added Xiaolingtong business in the northern market was instantly lost to half and was snatched away by the two companies, ZTE and Lucent.
Shen Fuxing couldn't even ask the telecommunications department for an explanation because the telecommunications leaders were also very depressed and they lost the territory of ten provinces at once. Netcom was even more justified because Shenzhou Technology signed an exclusive contract with Telecom, and this contract had no right to restrict Netcom's behavior.
In a rage, Shenzhou Technology sent a lawyer's letter to ZTE and Lucent: "Xiaolingtong is a legal registered trademark and has been permanently authorized by the original author. ZTE and Lucent are not allowed to use the name "Xiaolingtong".
ZTE and Lucent were unmoved at all and still sold goods under the sign of Xiaolingtong. They took out the "Notice on Standardizing the Construction and Operation of Wireless Municipal Telephones" issued by the Ministry of Information Industry. This document directly called the phone using the Pas system "Xiaolingtong". Therefore, Xiaolingtong does not refer to a registered trademark brand alone, but a general term for all Pas system telephones.
Shenzhou Technology immediately responded: "First, Xiaolingtong's trademark registration. Before the Ministry of Information Industry issued this document, the Ministry of Information Industry had no right to use existing trademarks as the industry category name; Second, the document issued by the Ministry of Information Industry was 'pas Xiaolingtong, etc.'. The word "etc.' can be understood as Xiaolingtong is just a brand of the pas system, not referring to all pas system phones."
To put it bluntly, it is just a clue. It is a purely confusing lawsuit. Moreover, Shenzhou Technology cannot risk offending the official to report to the Ministry of Industry and Netcom. If you really do that, Shenzhou Technology will lose the remaining business in China Unicom's territory, which is equivalent to completely giving up the northern market.
This kind of lawsuit will take at least several years. The final result can be imagined. Most of the relevant departments come forward to coordinate and stipulate that Xiaolingtong can only be used by Shenzhou Technology, ZTE and Lucent. Shenzhou Technology can receive a small amount of compensation at most.
Hell!
As the saying goes, children who can cry have milk. When Shenzhou Technology makes such a fuss, the Ministry of Information Industry also feels that there are some problems. After all, they are publishing the registered trademarks of private enterprises as industry categories in the document. In fact, Song Weiyang ran away. He set up the Taurus Gathering in Beijing this time because he had just had an event in Beijing.
As victims, compensation should be obtained. Under the coordination of superiors, Netcom will continue to cooperate with Shenzhou Technology. That is to say, in Netcom's business hall, Xiaolingtong produced by Shenzhou Technology, ZTE and Lucent can be sold, all depends on which product the consumers choose to buy.
As for the southern market, it is still monopolized by Shenzhou Technology. ZTE and Lucent have no choice but to do so because China has not yet promulgated the Anti-Monopoly Law.
...
"Old Song, when are you going to let Shenzhou Technology go public?" Guo Guangchang has been a little obsessed with capital operations in the past two years. He said, "With Shenzhou Technology's current excellent performance, once it goes public, it can easily raise billions of dollars."
Song Weiyang smiled and said, "I won't choose to go public, because after listing, I have to be responsible to investors, which will definitely affect the company's business development. Anyway, Shenzhou Technology is not short of money, and the R&D expenses last year exceeded 1 billion. After listing, investors will allow 1 billion R&D expenses per year?"
Guo Guangchang said: "Just maintain control of the company. No matter how high the investors' doubts are, the decision-making power is still in your hands. As long as you can produce beautiful results."
"It will definitely be affected," Song Weiyang shook his head and said, "This impact will be subtly influenced and is rooted in the blood of the company's senior management. Every time he makes a big decision, he will subconsciously stare at the stock price and will also consider the subsequent results."
"What a pity." Guo Guangchang said regretfully.
Song Weiyang smiled and said, "If you are willing to exchange equity, we will jointly hire a third-party agency to investigate and evaluate."
Cao Dewang shook his head and said, "Talnut Capital holds too many companies, and there are also a large number of high-quality companies, with valuations worth tens of billions. We are all making small fuss and need to use a large amount of shares to exchange for a little bit of shares of Taurus Capital."
"Mr. Cao was joking," said Song Weiyang, "Your Fugu's valuation is at least 10 billion yuan, and you are fighting anti-monopoly lawsuits with the Canadian Ministry of Commerce. This wave of equity swaps is fair and just, and voluntary belongs to the first principle, and Taurus Capital never interferes in the operation of investment companies. If you are willing to exchange equity, if you are not willing, just pretend that I have never said this, we will still be good friends in the future."
Duan Yongping suddenly smiled and said, "I agree to exchange equity. Doing business with Lao Song will not lose money."
"I also agree to the exchange, so that the risks can be shared." Guo Guangchang was actually shocked by the performance of Shenzhou Technology.
Song Qizhi raised his hand and said, "Although Xianjiu Group is not big, it is worth a few dollars. I can replace it a little."
"I support Lao Song!" Cai Zhiping also expressed his opinion.
Cai Zhiping, the most affected by the butterfly effect, was Cai Zhiping. In another time and space, he had been in the business world for decades, and the total assets of the company were only 7 billion yuan. Now, with Song Weiyang's guidance, he devoted himself to the commercial real estate field in advance, constantly buying land to build shopping malls in the lower reaches of the Yangtze River (mainly light textile markets, and also comprehensive stores). At the same time, he also joined forces with Thailand Charoenix Group to promote Lotus Supermarket. Last year's personal assets were nearly 2 billion.
Cai Zhiping has a deep understanding of this by following Song Weiyang.
Li Suqi smiled and said, "Then I'll change it a little too."
Liu Yonghang and Liu Yonghao brothers did not agree on the spot, but after discussing privately, they decided to exchange a small amount of equity with Taurus Capital.
The most embarrassing thing is Zhang Xuanlong, who is known as the "Godfather of Zhongguancun", but his personal net worth is the least among the members of the Taurus Club. In the past two years, in order to prevent an equity transaction from Founder Group, he directly had a falling out with Founder's boss. His good friends of many years almost broke up. He even sold the Founder's stock at a low price and resolutely resigned from the company's board of directors.
Facts have proved that Zhang Xuanlong’s original concern was correct, and that equity transaction made Founder Group mess.
Just a few months ago, Zhang Xuanlong was invited back by Founder Group and served as the chairman of Founder Holdings. This company is a subsidiary of Founder Group, specializing in software development and system integration business, and is also responsible for the overseas sales of Founder products (including Hong Kong, Macao and Taiwan).
Zhang Xuanlong smiled bitterly and said, "I won't get involved. The internal situation in Fang Zheng is too complicated. The equity swap must have caused a mess. Maybe someone will report it secretly."
"Understand." Song Weiyang said.
The matter was decided so. Except for Zhang Xuanlong, all other members of the Taurus Association participated in the equity replacement. For specific operation details, you have to ask a third-party organization to evaluate it before talking about it. It may be difficult to complete the relevant transactions within this year.
In the future, Song Weiyang plans to build a private joint-stock bank to play.
Chapter completed!