Reborn multinational giant

What is the concept of 350 billion US dollars?According to the current exchange rate of RMB 6.2 against the US dollar, it is equivalent to more than 2 trillion RMB!

2 trillion yuan, even if the two football stadiums can't fit, and this number is the valuation of the top elites of global investment banks for Huizhong, a Chinese company.

With 350 billion U.S. dollars, it ranks fourth in the valuation and market value of all companies in the global IT industry today!

Among the three IT companies ahead of it, the third is Microsoft, which relies on windows to monopolize the personal computer operating system. Its market value is more than 360 billion US dollars.

Ranked second is the king of search engines in the global Internet industry and Google, which created the Android smart phone operating system. Its market value is slightly better than Microsoft, at more than 370 billion US dollars.

And finally ranked first is Apple, which leads the trend of smart phones and pioneered the prosperity of the mobile Internet, with a market value of more than 440 billion US dollars!

The first three companies, each of them dominated an era, are the top and most dazzling three companies in the global Internet industry, and now Huizhong ranks behind them.

After Huizhong, there are Samsung Electronics with a market value of US$270 billion and IBM with a market value of US$220 billion. Although these two companies are only better than Huizhong in terms of business scale and revenue data, these two companies From business type to growth potential, Huizhong is far from the opponent.

In just a few days, Huizhong launched its listing in the United States. The news that Huizhong was valued at 350 billion U.S. dollars spread all over the world. There were also many analysts’ speculations about the amount of funds raised by Huizhong’s listing. Based on a valuation of 350 billion U.S. dollars, even if Huizhong issued 10% of its shares, it would be a huge amount of 35 billion U.S. dollars.

This 35 billion U.S. dollars is no more than the valuation calculated by analysts. Once Huizhong is listed, the money will actually lie in the account of Huizhong.

Of course, the premise is that Huizhong can indeed be listed at this valuation or even more than this valuation, otherwise no one will buy Huizhong’s stock after listing, so Huizhong’s high valuation and raised funds can only be seen by everyone A joke.

But is it possible?In the analysis report of Huizhong's 350 billion U.S. dollars from major investment banks around the world, more than two-thirds of the investment banks gave a buy rating, and even three investment banks gave a strong buy rating.

The remaining one-third either gave a wait-and-see rating, or did not give a rating at all. After all, it will take at least half a year for Huizhong to go public, so why bother.

While the elites in the global financial industry are enthusiastic about Huizhong’s valuation forecast and stock rating discussions, Huizhong’s internal listing team supervised by Chen Yimei is also intensively promoting Huizhong’s listing.

Compared with those outside analysts who can only estimate Huizhong’s valuation based on various scattered information, the six elites who are members of Huizhong’s listing team need to be serious and careful to evaluate each of Huizhong. For each business, we cannot underestimate the potential of each business of Huizhong, nor should we omit the potential risks that may be mixed in any business.

Elites from all walks of life, including accountants, asset appraisers, and lawyers, are cooperating with the six major firms to complete the business review and due diligence of the entire Huizhong Company.

The work of the listing team was supervised by Chen Yimei, but Fang Zhe, the top leader, temporarily withdrew from his busy schedule and went to the Xiaomi headquarters.

Since Fang Zhe and Lei and his party went to India to inspect the joints in October last year, Xiaomi has naturally entered the Indian market. Today, Xiaomi’s two brands of Xiaomi and Redmi’s mobile phones with multiple models have officially passed through official channels. Sold in India.

In less than half a year, Xiaomi’s mobile phone sales in India exceeded 3 million, especially the Redmi series, which is the most cost-effective, high-quality and low-cost mobile phone. The popularity in the Indian market far exceeds the expectations of Lei Zong and other senior officials of Xiaomi. The sales of Mi series mobile phones account for more than 90% of Xiaomi's total sales in India.

With 3 million units in half a year, this result is much better than what Xiaomi executives predicted. Xiaomi's first entry into the overseas market has made a big start!

If it is not limited to logistics, customs and other costs cannot be reduced, Xiaomi’s sales in India may be 20% to 30% better than it is now. Fortunately, Xiaomi’s invested factories in India are under construction. The second and third factories are under construction. Site selection and planning have also begun. I believe that within two to three years, Xiaomi will be able to gain a foothold in the Indian market.

Xiaomi’s international business is moving step by step, and the two major brands of Xiaomi and Redmi have also developed smoothly. One of the reasons why Fang Zhe came to Xiaomi this time is because of the high-end mobile phone brand that Xiaomi will release this year, Huami.

At the beginning of last year, Mr. Lei started to explore and develop Xiaomi's high-end mobile phone brand Huami under Fang Zhe’s advice. For this reason, the Huichuang Patent Alliance, which was jointly invested by several domestic mobile phone manufacturers such as Huizhong, Xiaomi and Huawei, also specifically criticized Huge money to cut Hu Apple acquired the US Authen company.

Authen is an American technology company with top-notch core technologies in biometric fields such as fingerprint recognition and facial recognition. According to the development of the previous life, this company should have been acquired by the wealthy Apple. Later, fingerprint recognition, facial recognition and other technologies It is successively applied to the iphone5s and other mobile phones released by Apple.

However, with Fang Zhe, a rebirth, the development trajectory of Apple, which should have acquired Authen and applied fingerprint recognition to the iphone5s released this year, has undergone some changes.

Since fingerprint recognition technology is valued by Apple, it is impossible for Apple to give up this technology and innovation gimmicks easily. After searching for other companies with fingerprint recognition technology and comparing it with Authen’s technology, Apple made a decision with deep pockets. , And then bought Authen from Huichuang at a high price.

2 billion US dollars. This is the price that Apple offered during the negotiations with Inmax last year. This price has more than quadrupled from the time when Inmax bought Authen. If it is only from the perspective of return on investment and from the perspective of making money, Sell ​​it and make a lot of money.

After Apple offered the sky-high price, the other stockholders of Huichuang who had jointly purchased Authen had the idea of ​​reselling. Fortunately, Huizhong, Xiaomi and Huawei and other major shareholders of Huichuang all planned very far and did not Easily confused by Apple's sugar-coated shells.

Finally, Apple had no choice but to take second place. According to the patent license, it spent a lot of money to obtain the right to use Authen's fingerprint recognition technology, and bid for the right to use this technology with Xiaomi and Huawei. Companies to jointly develop fingerprint recognition technology.

Although Apple has encountered this setback, it has not changed the historical track that Apple will release iphone5s this year and add fingerprint recognition technology to it.

Even Fang Zhe, a rebirth, has to lament the historical inertia and resilience. When Fang Zhe decisively acquired Authen, he wanted to see what Apple would become without fingerprint recognition technology. It is expected that when Apple negotiates with Huichuang with powerful forces and chips, Huichuang still has to license fingerprint recognition and other technologies to Apple.

In the words of David, the president of Apple’s Greater China region, who visited in person at the time, “Authen’s technology can play hundreds of billions of dollars in Apple’s hands, but in your hands, it can only play a few billion dollars at most. the value of.

I know you want to use these technologies to make high-end mobile phones, but in addition to technology, high-end mobile phones are more important from the operating system to every tiny user experience.

Apple's loss of Authen's technology this time is at most a setback, and you will face a powerful enemy, even a group of powerful enemies."

Although David, the president of the Greater China region, has a threat in his tone, Fang Zhe knows that what he said may indeed become a reality.

Not to mention that Apple is one of Huizhong’s shareholders. Apple’s own shareholders are all the world’s top capital. Going forward, they form a huge supply chain around Apple, from China to the United States, from Foxconn to Qualcomm. The profits of Apple are closely related to the profits of Apple.

Not to mention that depending on the various applications on Apple’s appstore, millions of developers around the world, and even Huizhong itself, the profits from the appstore channel account for more than one-third of the overall revenue. Under comprehensive consideration, Huichuang finally Still gave Apple the right to use Authen related technologies.

Fang Zhe originally thought that Apple, which had taken the technology, should have ceased to develop its own iphone5s, and slowly developed according to the historical trajectory. Clinker Lei called to tell himself that Apple’s Greater China President David, and Here comes the door.

But this time, the arrogant president of the gringy made even more excessive demands, asking Xiaomi to postpone the Huami mobile phone conference until after the release of Apple 5s!