Reborn Entrepreneurial Giant.
Chapter 153 Assistant
Chapter 153 Assistant
"This is Sun Jianhe. He has rich investment banking experience. He currently works at CICC and has been deeply involved in the establishment of Huarong Assets and the listing of ICBC. He is a very thoughtful person." Wu Hongning introduced Sun Jianhe to Qu Li
"Hello!" Qu Li was very enthusiastic. He wanted an assistant responsible for financial operations. Wu Hongning introduced this person.
"Hello, I was very moved after listening to your speech." Sun Jianhe
"Oh, I don't want to be moved." Qu Li said calmly
"Really? Actually, I'm not optimistic about your plan. Although US$10 billion is a lot, the goal is too big, too many, and somewhat unrealistic."
"Is that all?" Qu Li had a bad first impression of this person and didn't want to say more.
"It is not enough for a person to have ideals, he must also focus on reality. I think we can do it step by step, focusing on the smartphone industry chain..." Sun Jianhe, perhaps not wanting to be underestimated, talked about his initial idea.
Ten minutes later, Qu Li changed his mind about this man. He was a man of real ability.
"It's good to have these ideas without being familiar with the situation. What I want to say is that the biggest difference between entrepreneurs and capitalists is that I am good at making the impossible possible. To put it more directly, you care about interests, and I only care about interests. If you care about success or failure, making money is a matter of course." Qu Li began to brag, saying that the two women around him were brilliant...
“The smartphone industry chain is important, but not important, because the two most critical cores can only be made by Honor itself. If it can successfully acquire Spreadtrum, it can also use the Spreadtrum platform to develop mobile phone processors. Secondly, it will have the greatest impact on smartphones. There is only LCD panel, and BOE is the only choice in China..."
"Then there are new energy vehicles. I am not the only one on this road. Not to mention foreign countries, there is BYD in China, and we can all see Mr. Wang's efforts. BYD develops lithium iron phosphate, then I will take the ternary lithium power battery. As for the low investment in motors, both permanent magnet synchronous and asynchronous motors are available, and the electronic control can only be relied on by yourself..."
"Jumei's cloud computing, artificial intelligence, and big data analysis and recommendation algorithms have long taken shape in Silicon Valley. Amazon's elastic computing, Facebook and Twitter's information flows..."
"I know that my goal is very ambitious. Everything takes time. US$10 billion is not a direct investment. First, we must make profits and generate stable cash flow..."
"Honor has a high profit margin and will not be short of money; the initial investment in pure electric vehicles is not much, and it will only be short of money when it reaches production capacity. Cloud computing will only require a lot of capital in the early stage..."
Qu Li quickly convinced Sun Jianhe with his sharp tongue. After the two communicated for several hours, Qu Li decided to give him a chance.However, if Sun Jianhe wants to truly join the team, he still has to prove himself. The test for him is to acquire the domestic private equity team of Spreadtrum Communications and Lehman.
"The subprime mortgage crisis is still spreading, Spreadtrum's performance is declining, and the stock price is likely to fall below $1. How can we acquire them while keeping us as little money as possible..."
"Yes, but I want you to hand over the funds to me in advance. If you make a mistake in judgment, the responsibility will be borne by you." Sun Jianhe decided to believe Qu Li once. The subprime mortgage crisis spread to the world. The two smallest investment banks among the five major Wall Street investment banks Might go bankrupt...
"2 million U.S. dollars, if the loss exceeds 2000 million U.S. dollars, he will leave automatically!" Qu Li gritted his teeth. Sun Jian may be a key talent in his team in the future. If using 2000 million U.S. dollars can eliminate hidden dangers in advance, he will admit it.
"Okay!" Sun Jianhe was determined. If things really develop according to Qu Li's vision, if he loses so much money, it will only prove his lack of ability.
Qu Li gave Sun Jianhe access to an account of the Vision Fund, and the $[-] million was temporarily at his disposal. Of course, there would definitely be background monitoring, and Qu Li was not alone.
In fact, his small group gathering looked a bit like playing house, but being unreliable can attract like-minded people.If you can't even accept this level of embarrassment, how can you persist in the face of so many doubts in the future?
"You want to build a pure electric car to compete with BYD?" Wang Chuanfu said with a smile.
"I want to work with BYD to develop automotive-grade chips, such as IGBT chips."
"You really dare to think about it."
"How about, accept my investment, let BYD's chip department operate independently, give them more resources, and at the same time put more pressure on them."
"I agree in principle. Let's talk when you are ready..." Wang Chuanfu
Qu Li only respects BYD as a company, but does not like it. Their priority is to make money to survive rather than building great products.
As the "hope of the village", BYD factory employees are even not as well treated as Futukang. If the best companies in China can only make money by squeezing ordinary workers, are such companies really the hope of the country and nation?
In other words, keyboard warriors have forgotten their origins and don’t care about the billions of people whose monthly income is less than 5000.Like the European and American media, the demand brought about by the rise of hundreds of millions of Chinese middle class will increase the plunder of natural resources and the destruction of the environment.So it’s better for the billions of people, assembly line workers and waiters to serve them on their knees with the minimum wage?
Of course, as a capitalist, Qu Li can actually understand BYD's various practices. BYD's profits are far lower than Tesla's, and even worse than joint venture cars. With its technical strength and brand lagging behind, it can only do its best to keep costs down in all aspects.
For example: if the employee’s basic salary is 2000, the enterprise has to bear about 1000 of the five social insurances and one housing fund; if the employee’s basic salary is 3000, the enterprise has to bear about 1500. 50 workers need to pay an extra 2.5 million a month, and an extra 30 billion a year. This is pure profit. Ah, BYD's net profit in 2021 will only be 30 billion yuan.
The outsiders and people who don't understand technology have left, leaving only the technical elite in the Diaoyutai State Guesthouse. Qu Li has also left, and Wu Hongning wants to dump negative emotions on him again.
"I vetoed the decision to invest in Morgan Stanley under pressure. If I am proven wrong in the end, my future will be uncertain..."
"How about you return to China and become the CEO of Xiangcai Securities?" Qu Li disagreed. Even if it was a mistake, he would not give this guy any compensation anyway.
"Are you really determined to accept Lehman Brothers?"
"Anyway, none of them are clean. Even if they don't go bankrupt, their vitality will be severely damaged. Under the general trend, I will directly become the major shareholder of Lehman and conduct a reverse takeover..."
"Haha, why don't you show your side to Sun Jianhe? Maybe he will surrender..."
"I only know how to talk, I grew up too fast, and I have too few friends to share the joys and sorrows with me. Now if I set up a banner to recruit troops, I'm afraid most people can only share wealth and wealth with me..."
"You are too pessimistic. Why don't you give it a try?"
"I will never test human nature. It is pointless and hurtful to others and myself."
The two were walking and chatting when two people and two cars appeared in front of them. One was Zhang Yiwen and the other was Chen Danlin. How did he choose?Do you want him to show off his cards?Qu Li hesitated, but was not afraid at all. After expressing his true feelings this time, he now has the courage to face everything.
"Are you coming to pick me up?" Wu Hongning did not embarrass Qu Li and walked up to Zhang Yiwen
"Well, I have some things to discuss with Boss Wu..." Zhang Yiwen
"Okay, I happen to have something to do..." After Wu Hongning and Chen Danlin said hello, they got into Zhang Yiwen's car.
"Let's go!" Chen Danlin called Qu Li as she watched the two people leaving, and soon they left.
"Do you really want to stay with Qu Li?" Wu Hongning asked Zhang Yiwen
"What's wrong, Boss Wu is very concerned?"
"You seem to have some background. Will your family agree to it?"
"It doesn't seem like Boss Wu needs to worry about it."
"Qu Li is the kind of person who has great ideals and great courage. He attaches great importance to love and righteousness but still misses the past. Chen Danlin knew him before you. You can't erase this advantage. If you force him to make a choice, Chen Danlin can only win everything. Your family background will not affect him..."
"So what? I didn't want to force him."
"I hope so. I don't think anyone wants you to destroy the great situation he created. People like him with ideals, ambitions and abilities are a huge asset to the country..."
"What exactly do you want to say?" Zhang Yiwen was impatient.
"No matter what you think, I hope you don't hurt him."
"Then you can let him hurt me?"
"You can refuse, no one can force you..."
Yes, no one will force him!
"This is Sun Jianhe. He has rich investment banking experience. He currently works at CICC and has been deeply involved in the establishment of Huarong Assets and the listing of ICBC. He is a very thoughtful person." Wu Hongning introduced Sun Jianhe to Qu Li
"Hello!" Qu Li was very enthusiastic. He wanted an assistant responsible for financial operations. Wu Hongning introduced this person.
"Hello, I was very moved after listening to your speech." Sun Jianhe
"Oh, I don't want to be moved." Qu Li said calmly
"Really? Actually, I'm not optimistic about your plan. Although US$10 billion is a lot, the goal is too big, too many, and somewhat unrealistic."
"Is that all?" Qu Li had a bad first impression of this person and didn't want to say more.
"It is not enough for a person to have ideals, he must also focus on reality. I think we can do it step by step, focusing on the smartphone industry chain..." Sun Jianhe, perhaps not wanting to be underestimated, talked about his initial idea.
Ten minutes later, Qu Li changed his mind about this man. He was a man of real ability.
"It's good to have these ideas without being familiar with the situation. What I want to say is that the biggest difference between entrepreneurs and capitalists is that I am good at making the impossible possible. To put it more directly, you care about interests, and I only care about interests. If you care about success or failure, making money is a matter of course." Qu Li began to brag, saying that the two women around him were brilliant...
“The smartphone industry chain is important, but not important, because the two most critical cores can only be made by Honor itself. If it can successfully acquire Spreadtrum, it can also use the Spreadtrum platform to develop mobile phone processors. Secondly, it will have the greatest impact on smartphones. There is only LCD panel, and BOE is the only choice in China..."
"Then there are new energy vehicles. I am not the only one on this road. Not to mention foreign countries, there is BYD in China, and we can all see Mr. Wang's efforts. BYD develops lithium iron phosphate, then I will take the ternary lithium power battery. As for the low investment in motors, both permanent magnet synchronous and asynchronous motors are available, and the electronic control can only be relied on by yourself..."
"Jumei's cloud computing, artificial intelligence, and big data analysis and recommendation algorithms have long taken shape in Silicon Valley. Amazon's elastic computing, Facebook and Twitter's information flows..."
"I know that my goal is very ambitious. Everything takes time. US$10 billion is not a direct investment. First, we must make profits and generate stable cash flow..."
"Honor has a high profit margin and will not be short of money; the initial investment in pure electric vehicles is not much, and it will only be short of money when it reaches production capacity. Cloud computing will only require a lot of capital in the early stage..."
Qu Li quickly convinced Sun Jianhe with his sharp tongue. After the two communicated for several hours, Qu Li decided to give him a chance.However, if Sun Jianhe wants to truly join the team, he still has to prove himself. The test for him is to acquire the domestic private equity team of Spreadtrum Communications and Lehman.
"The subprime mortgage crisis is still spreading, Spreadtrum's performance is declining, and the stock price is likely to fall below $1. How can we acquire them while keeping us as little money as possible..."
"Yes, but I want you to hand over the funds to me in advance. If you make a mistake in judgment, the responsibility will be borne by you." Sun Jianhe decided to believe Qu Li once. The subprime mortgage crisis spread to the world. The two smallest investment banks among the five major Wall Street investment banks Might go bankrupt...
"2 million U.S. dollars, if the loss exceeds 2000 million U.S. dollars, he will leave automatically!" Qu Li gritted his teeth. Sun Jian may be a key talent in his team in the future. If using 2000 million U.S. dollars can eliminate hidden dangers in advance, he will admit it.
"Okay!" Sun Jianhe was determined. If things really develop according to Qu Li's vision, if he loses so much money, it will only prove his lack of ability.
Qu Li gave Sun Jianhe access to an account of the Vision Fund, and the $[-] million was temporarily at his disposal. Of course, there would definitely be background monitoring, and Qu Li was not alone.
In fact, his small group gathering looked a bit like playing house, but being unreliable can attract like-minded people.If you can't even accept this level of embarrassment, how can you persist in the face of so many doubts in the future?
"You want to build a pure electric car to compete with BYD?" Wang Chuanfu said with a smile.
"I want to work with BYD to develop automotive-grade chips, such as IGBT chips."
"You really dare to think about it."
"How about, accept my investment, let BYD's chip department operate independently, give them more resources, and at the same time put more pressure on them."
"I agree in principle. Let's talk when you are ready..." Wang Chuanfu
Qu Li only respects BYD as a company, but does not like it. Their priority is to make money to survive rather than building great products.
As the "hope of the village", BYD factory employees are even not as well treated as Futukang. If the best companies in China can only make money by squeezing ordinary workers, are such companies really the hope of the country and nation?
In other words, keyboard warriors have forgotten their origins and don’t care about the billions of people whose monthly income is less than 5000.Like the European and American media, the demand brought about by the rise of hundreds of millions of Chinese middle class will increase the plunder of natural resources and the destruction of the environment.So it’s better for the billions of people, assembly line workers and waiters to serve them on their knees with the minimum wage?
Of course, as a capitalist, Qu Li can actually understand BYD's various practices. BYD's profits are far lower than Tesla's, and even worse than joint venture cars. With its technical strength and brand lagging behind, it can only do its best to keep costs down in all aspects.
For example: if the employee’s basic salary is 2000, the enterprise has to bear about 1000 of the five social insurances and one housing fund; if the employee’s basic salary is 3000, the enterprise has to bear about 1500. 50 workers need to pay an extra 2.5 million a month, and an extra 30 billion a year. This is pure profit. Ah, BYD's net profit in 2021 will only be 30 billion yuan.
The outsiders and people who don't understand technology have left, leaving only the technical elite in the Diaoyutai State Guesthouse. Qu Li has also left, and Wu Hongning wants to dump negative emotions on him again.
"I vetoed the decision to invest in Morgan Stanley under pressure. If I am proven wrong in the end, my future will be uncertain..."
"How about you return to China and become the CEO of Xiangcai Securities?" Qu Li disagreed. Even if it was a mistake, he would not give this guy any compensation anyway.
"Are you really determined to accept Lehman Brothers?"
"Anyway, none of them are clean. Even if they don't go bankrupt, their vitality will be severely damaged. Under the general trend, I will directly become the major shareholder of Lehman and conduct a reverse takeover..."
"Haha, why don't you show your side to Sun Jianhe? Maybe he will surrender..."
"I only know how to talk, I grew up too fast, and I have too few friends to share the joys and sorrows with me. Now if I set up a banner to recruit troops, I'm afraid most people can only share wealth and wealth with me..."
"You are too pessimistic. Why don't you give it a try?"
"I will never test human nature. It is pointless and hurtful to others and myself."
The two were walking and chatting when two people and two cars appeared in front of them. One was Zhang Yiwen and the other was Chen Danlin. How did he choose?Do you want him to show off his cards?Qu Li hesitated, but was not afraid at all. After expressing his true feelings this time, he now has the courage to face everything.
"Are you coming to pick me up?" Wu Hongning did not embarrass Qu Li and walked up to Zhang Yiwen
"Well, I have some things to discuss with Boss Wu..." Zhang Yiwen
"Okay, I happen to have something to do..." After Wu Hongning and Chen Danlin said hello, they got into Zhang Yiwen's car.
"Let's go!" Chen Danlin called Qu Li as she watched the two people leaving, and soon they left.
"Do you really want to stay with Qu Li?" Wu Hongning asked Zhang Yiwen
"What's wrong, Boss Wu is very concerned?"
"You seem to have some background. Will your family agree to it?"
"It doesn't seem like Boss Wu needs to worry about it."
"Qu Li is the kind of person who has great ideals and great courage. He attaches great importance to love and righteousness but still misses the past. Chen Danlin knew him before you. You can't erase this advantage. If you force him to make a choice, Chen Danlin can only win everything. Your family background will not affect him..."
"So what? I didn't want to force him."
"I hope so. I don't think anyone wants you to destroy the great situation he created. People like him with ideals, ambitions and abilities are a huge asset to the country..."
"What exactly do you want to say?" Zhang Yiwen was impatient.
"No matter what you think, I hope you don't hurt him."
"Then you can let him hurt me?"
"You can refuse, no one can force you..."
Yes, no one will force him!
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