Chapter 53 Dong Ge is Here
With strong capital injection, Huarong Real Estate Development Company and Huafeng Precision Technology Manufacturing Co., Ltd. soon resumed normal operation.
But another company, Huaguang Technology Co., Ltd., had a difficult start. Although Li Ying did find a lot of scientific research and technical personnel from Silicon Valley in the United States, it was still not easy to develop a new smartphone.
The difficulty lies in the operating system of smartphones. The mobile phone operating systems on the market now are mainly the Symbian operating system represented by Nokia, and the Apple system of Apple phones that have just entered the smartphone manufacturing industry.
Smartphones equipped with the Android system have only just begun to appear on the market.
Choosing an Apple mobile operating system is simply impossible. Apple will not play along with you and authorize you to use it.
Regardless of whether Nokia agrees or not, Yang Hai doesn't want to use Nokia's Symbian mobile phone operating system because it will be eliminated sooner or later.
There are only two options left: either cooperate with Google, obtain Google's authorization, and develop a smartphone equipped with the Android operating system.
Or you can develop your own smartphone operating system.
However, developing a smartphone operating system of your own is by no means an easy task, at least not in a short period of time. No matter how much money you spend, it will be difficult to do so.
Things like technology take time to develop. It doesn't mean that you can develop it immediately just because you have money.
Developing a smartphone operating system not only requires a large amount of technical talent and funds, but also starting from scratch means that a lot of time and resources need to be invested to solve bugs and performance issues in the system.
Money is only part of it, but it is not the most important thing.
Another issue is the software ecosystem. Even if you go through a lot of trouble to develop your own smartphone operating system, if your smartphone does not have a high market share and is not widely used, you will not get support from software developers.
Without software developers to help you develop applications, the system will lack applications that attract users, which will lead to a vicious cycle.
The reason why the Android system has been widely used and quickly popularized around the world is due to its extensive software ecosystem and the joint contributions of programmers around the world.
The Android system has attracted a large number of users through its free and open source model, and has brought advertising revenue to Google.
This business model makes Android very attractive to other smartphone manufacturers because they can use the system at no cost.
Therefore, if Huaguang Technology Company wants to quickly launch its own smartphone and occupy the market, then developing a smartphone equipped with the Android system is undoubtedly the fastest way, and also the most cost-effective and affordable way.
Yang Hai had already prepared himself for this. If developing a smartphone operating system was really that simple and easy, not to mention domestic mobile phone manufacturers, foreign mobile phone manufacturers, such as Samsung, Motorola, etc., they have no shortage of funds or scientific research talents. So why do they keep using the Android system?
Obviously everyone is not stupid and knows what is the right choice.
Despite this, Yang Hai told Huaguang Group's R&D team that Huaguang smartphones can be launched on the market based on the Android system, but they still need to develop their own smartphone operating system.
Even if you don't need it, you should be prepared.
After returning to China, Yu Gang and Niu Junling used their savings accumulated over the years to set up an online supermarket, named No.1 Store, which was officially launched in July. It is also the first online supermarket in China.
Yang Hai arranged for Liang Jinkun to go to Shanghai to meet the two founders and discuss investment matters.
At the beginning, Yu Gang and Niu Junling just wanted to build up the company first, and then find ways to raise funds when it had achieved some results and reached a certain scale. At that time, they would be more confident.
But they didn't expect that just when the company started operating, a venture capital company took the initiative to approach them and asked for investment.
"I'm sorry! We are very grateful to Huasheng Investment for thinking so highly of us, but our company has just started out and we have also raised some funds ourselves, which can support us for a while, so we have no plans to raise funds for the time being." Niu Junling said with a smile.
The company will definitely need financing in the future, but they don’t think it is very cost-effective to raise funds now.
Because No.1 Store online supermarket has just been launched, its valuation will not be very high.
Moreover, when No.1 Store was first launched, it had already obtained 2000 million yuan in financing, which was enough for the time being.
"It doesn't matter! The reason why we at Huasheng Investment took the initiative to find you is that we want to get to know you first. If you need financing at any time, you can give priority to us at Huasheng Investment. I believe we will be your best partner." Liang Jinkun said.
Investment! There is no reason to force it. Since the other party has no plans to raise funds for the time being, let's wait and see!
On the other hand, Niu Qiangdong of Qiangdong Company was extremely anxious. He was busy meeting with the heads of venture capital companies every day in order to obtain financing, but no one was willing to invest.
Niu Qiangdong lowered the valuation of Qiangdong Company from $2 million to $8000 million, and then from $6000 million to $ million. In the end, he had no choice but to lower it to $ million and then $ million.
Finally, a company called Tiger Fund showed some interest in Qiangdong's company.
But after several rounds of tough negotiations, the other party has lowered the valuation to US$4500 million.
With the nod of approval from Xi Xin, the main investor of Qiangdong Company, the major shareholder of the landlord company, and the executive president and CEO of Jinri Capital, Niu Qiangdong agreed with tears in his eyes. Tiger Fund set the valuation at US$4500 million.
However, just before the official signing, Tiger Fund temporarily lowered the valuation of Qiangdong's company to US$3000 million.
This made Niu Qiangdong very angry and he firmly rejected this unreasonable condition.
However, it is very simple to reject the other party's conditions, but Qiangdong Company's capital chain has been broken now, so where can it get financing?
Jinri Capital is now out of money and can only reluctantly borrow one or two million RMB from time to time to help Niu Qiangdong survive.
But what can one or two million RMB do? It is not even enough to pay the workers. Niu Qiangdong was so anxious that his hair turned white overnight.
At this time, Niu Qiangdong saw a piece of news published in a newspaper in Xi Xin’s office at Jinri Capital.
"The head of Huasheng Charity Foundation said that Huasheng Charity Foundation will invest in the establishment of an education park in Tianfu City, including the Huasheng Orphanage, Huasheng Kindergarten, Huasheng Primary School, Huasheng Middle School, and Huasheng University, to raise orphans who lost their parents in the earthquake for free, and to allow children in the earthquake-stricken areas to attend kindergarten, primary school, junior high school, high school, and even university for free, so that the children in the disaster areas can also grow up happily."
"Also! For the children in the earthquake-stricken areas, even after they graduate from college, we will provide them with jobs for free..."
Niu Qiangdong suddenly stood up and said to Xi Xin excitedly: "I plan to try my luck with Huasheng Investment. Maybe Huasheng Investment can invest in Qiangdong Company."
"Huasheng Investment is an investment company that has been established for less than a year." Xi Xin nodded and said.
"But Huasheng Investment's investment projects seem to be all real economy, manufacturing companies, and Internet economy companies. I don't think I've heard of them."
"But you can also go and talk to Huasheng Investment. Maybe Huasheng Investment is really interested in investing in your Qiangdong Company. It's also possible. Regardless of whether it will succeed or not, it's okay to give it a try."
Niu Qiangdong was originally full of confidence, but after hearing what Xi Xin said, he suddenly lost some confidence.
It’s really because he has met too many investors during this period, and it has dealt a huge blow to Niu Qiangdong’s confidence.
But no matter what, this is also an opportunity for him, so he will definitely go to Huasheng Investment to give it a try.
Anyway, the worst outcome is that you won’t get any investment. How bad can it be?
Yang Hai also estimated that Niu Qiangdong had probably reached the end of his rope, and was preparing to ask Liang Jinkun to contact Qiangdong Company, meet with Niu Qiangdong, and discuss investing in Qiangdong Company.
Yang Hai originally thought that Niu Qiangdong should have come to him a long time ago, but what surprised him was that Niu Qiangdong had not shown up until now.
It seems that Huasheng Investment is still too unknown. Even Niu Qiangdong, who is at the end of his rope, has never thought of coming to Huasheng Investment for financing.
And at this time, Niu Qiangdong finally appeared at Huasheng Investment Company.
This makes things easier. Yang Hai couldn't help but feel happy in his heart. The big fish was finally caught.
I have to say that Brother Dong is still quite handsome, especially that little tuft of hair that turned white overnight. He looks really handsome and manly. No wonder he was able to marry Milk Tea Sister.
By the way, should I intercept Milk Tea Sister?
Forget it! There are so many beauties in the world, let's leave Milk Tea Sister to Liu Qiangdong and let this old cow eat tender grass.
Before Yang Hai was reborn, although he was quite familiar with Niu Qiangdong, he had only seen him in the news media and on the Internet. This was the first time he saw him in person.
Yang Hai personally met with Niu Qiangdong together with Liang Jinkun, and had a conversation with Niu Qiangdong as a man.
"Mr. Niu's Qiangdong Company has been developing rapidly, but now the funds may not be able to keep up. Mr. Niu's financing process must have been very difficult." Yang Hai said with a smile
(End of this chapter)