Rebirth in 1998 starts with the stock god

“When the Redmi phone was launched, how big was Willy?”

"Such a powerful phone only costs 599 yuan, and the top configuration only costs 999 yuan.

At that time, domestic mobile phones that could achieve that quality would cost at least 2000 to 3000 yuan.”

"The first generation of Redmi smartphones shocked the entire industry when it was released and became a hit all over the country. How popular was it?"

“Because we borrowed the conference room of Mr. Chen’s company, Merxun, the stock price of Merxun skyrocketed the day after the press conference.

Because we launched it jointly with tt space, the number of pre-orders in tt space exceeded 1000 million units in just a few days!

In the end, the entire Redmi 1st generation sold 4460 million units!

It is no exaggeration to say that this number is astronomical.

Next are the second and third generations of Redmi. Although the prices have increased slightly, the starting prices are still below 799 yuan.

I can say responsibly that our Redmi smartphones have made a huge contribution to the domestic supply chain.”

Lei Jun paused and looked at Chen Mo: "Mr. Chen once said that everyone should be able to enjoy the fun of technology.

Technology should not be high and mighty, it must serve everyone. Dami’s goal is to make high-quality technology products affordable to everyone and let everyone enjoy the fun of technology!

Here, I am proud to say that we did it!!!"

Wow~~~~

There was thunderous applause!

Everyone began to applaud and cheer from the bottom of their hearts!

Many people expressed their feelings to their friends:

"I admit that Xiaomi phones have many weird flaws, but without them, any cheap phone from any unknown brand would dare to sell for 5000+!"

"Yes. In the first year of the release of Redmi 1, all the domestic brands of smartphones went out of business. From then on, when it comes to cheap and good quality smartphones, there is only one name - Redmi!"

"Redmi can be said to be the most conscientious smartphone."

"The 100-yuan Redmi smartphone has swept the entire domestic mobile phone market. Mr. Lei and Mr. Chen deserve to be honored in the Imperial Temple!"

"I still remember the shock when the first generation of Redmi was released two years ago. At the time, you couldn't even buy a good Symbian phone at the price of 599 yuan, and knockoff phones dared to sell for thousands more."

"I was a sophomore in college that year, and my monthly living expenses were only 500 yuan. The cheapest Android phone was more than 2000 yuan, and the configuration was terrible. I couldn't afford it. It wasn't until the Redmi 1st generation came out that I finally used a smartphone, and I haven't even changed it until now!"

"I still remember when I was in high school, I secretly saved money to buy a Redmi 1. It was the best phone I have ever used in my life. Even though I use a Pingguo now, I can no longer feel the surprise and happiness I had back then."

"..."

Chen Mo nodded with a smile in the audience.

The greatest contribution of Rice Company is that it has lowered the price threshold of smartphones across the board, causing countless shoddy copycat companies to go bankrupt and close down, allowing the working people to buy smartphones of acceptable quality, which are not very smooth but have all the basic functions, at a low price.

In her previous life, Tang Mengmeng worked as a shopping guide in a mobile phone store.

She told Chen Mo that the cheapest Redmi model priced at 100 yuan was the one that shopping guides were least willing to recommend because the profit was too thin.

For an entry-level Redmi model priced at 799 yuan, the profit can be as thin as a dozen yuan.

This is extremely rare in the entire mobile phone industry and is even against business practices.

At this time, Lei Jun was flipping through the PPT, and various honors won by the rice company appeared on the projector.

"later!"

Lei Jun said forcefully: "Dami has caused more than 80% of the inferior copycat companies in China to go bankrupt. As far as I know, many mobile phone manufacturers have been forced to lower the prices of their mobile phones and develop low-threshold practical mobile phones to compete with Redmi phones."

"I can say with confidence that without Rice Company, there wouldn't be so many ordinary people in China who can use cheap and affordable smartphones. Rice phones have changed the domestic mobile phone landscape, and our Rice Company has also indirectly changed the development of an industry!"

Lei Jun once again introduced the great achievements of the Rice Company, including its sales in overseas markets, and emphasized how the Rice mobile phone conquered Feizhou.

"Crack."

Lei Jun flipped through the PPT and came to a picture where the long-awaited "Mi Smartphone 1st Generation" was finally on it.

Seven mobile phones of different colors were on display. Every time Lei Jun changed a picture, the audience cheered. The last pause was the arrogant slogan given by Chen Mo - Rice redefines the mobile phone!

"The Redmi series of mobile phones has already gone through the journey it should have. Of course, there will be regular iterations and updates every year to ensure that everyone can always buy the cheapest and most affordable smartphones.

Now, I want to solemnly announce to everyone: Xiaomi smartphones can change the low-end market structure of smartphones, and can also change the high-end market structure! "

Lei Jun spoke slowly and forcefully: "What is a high-end mobile phone? What is the definition? I think that what everyone understands as a high-end mobile phone is probably just a high price + high parameters.

Mobile phones are supposed to be daily necessities, so why can they be sold for seven or eight thousand yuan, or even ten thousand yuan?

Has our Great Xia become so developed that ordinary people can buy a mobile phone worth several thousand yuan without blinking an eye?"

Here, Lei Jun criticized countless "friendly competitors" for their high prices of high-end phones, and then he began to flip through the PPT, talking about the advanced features of the first generation of Xiaomi mobile phone in terms of system, photography, music, and appearance.

Among them, miui, the customized system for the first generation of Xiaomi mobile phones, is particularly eye-catching.

After all the configuration explanations were completed, the atmosphere on site had become very heated.

Even just for the fact that miui is a system that can customize various small programs, appearance, and flash the phone at will, many enthusiasts can say it is awesome.

At this moment, a mosaic mobile phone suddenly appeared on the big screen.

However, the mosaic is very unprofessional, and anyone can see the huge three-sad logo on it.

Lei Jun smiled and said, "I think everyone has heard of this brand of mobile phone. For some reason, I can't tell you what brand it is. Let's call it a friendly manufacturer. Now let me analyze the difference between Xiaomi mobile phones and friendly manufacturers."

"coming!"

Chen Mo's eyes suddenly widened and a sly smile flashed across the corner of his mouth.

The reporters in the audience also had their eyes sparkling, looking at Lei Jun with disbelief and anticipation.

"What is Mr. Lei going to do?"

"Why mention Sansang phones at the launch of the Xiaomi phone?"

"That's right!"

"Why do I feel like the atmosphere is a little off?"