If you cheat, money will follow

This walk lasted for more than two hours, and the afternoon light was fading.

Mr. Ren smiled and said, "Sorry, people like to preach as they get older, and I talk a little too much."

Chang Le said: "Not much. Listening to you speak, you are very passionate and thoughtful. I have benefited a lot, and it makes me feel that my admiration and admiration for so many years is not wrong."

Mr. Ren was stunned for a moment: "Worship? Look up to?"

Chang Le nodded: "Yes, just worship and look up to."

"Under your leadership, all employees of your company have focused on one field for decades, working hard day after day and night. If you fail, don't be discouraged and get up and keep moving forward. If you succeed, don't be proud and keep climbing. Gradually from a A pursuer, turned into a leader in the field of communications, and believed that he would become a pioneer in the future. This in itself is an evocative and inspiring history of struggle, which is very worthy of admiration, admiration, learning and reference by young people like us."

Mr. Ren laughed: "Haha, Mr. Chang, you can't lift us so high, we will fall down."

Chang Le said: "Seek truth from facts, speak from the bottom of your heart, and don't dare to speak nonsense."

Mr. Ren nodded: "Well, in fact, before you came, we also researched your company from limited information, and the conclusion we came to is that it has risen like a miracle."

"I'm still curious, why did you come to our company? Our two companies have nothing to overlap."

"We don't build cars."

Chang Le said: "It's mainly two things."

…………

In 08, Juchang encountered a severe cold winter, and the cold enveloped the people of Juchang.

Mainly because the operator business is in close competition with competitors on a global scale, resulting in a sharp decline in profit margins, and the company's debt ratio is increasing day by day.

The mobile phone terminal business is at the low end of the industry chain, with low profit margins and basically not very profitable.

Since the establishment of the terminal company in 03, Juchang's main business line has been to make customized machines for domestic operators. It only produces and does not OEM.

The profit of each customized machine is less than 5 points.

Once the market situation is poor or the prediction is inaccurate, resulting in the squeeze and accumulation of inventory materials, all profits gained will be lost.

For this reason, Juchang decided to raise funds through its terminal business - selling 49% of its shares.

At first, the world's top capitals such as Blackstone, Silver Lake, KKR, and Bain were very interested and provided quotations to Juchang.

However, as the financial crisis rages around the world and the financial situation continues to tighten, the quotations of these capitals have all become pure numbers. Even the numbers are far from Juchang's psychological expectations.

Juchang decided not to sell it.

After listening to the two things Chang Le said, Mr. Ren shook his head and said:

"You are too late. At the beginning of the year, the company had already made a decision, and the terminal business still felt that it needed to continue, so it was not sold."

Chang Le said: "I think it's not too late, but the time is just right. Do you want to hear my reasons?"

Mr. Ren said: "I am all ears."

Chang Le said: "I have no doubt that with your company's talent concentration, the terminal business can climb over the hurdles and reach the peak with high-intensity investment and continuous efforts, but when it reaches the peak..."

…………

That night, Chang Le, Zeng Xi and others returned to the hotel to rest.

Mr. Ren temporarily convened the company's senior management to hold a small-scale discussion.

Chang Le's words gave him warning and inspiration. He also wanted to hear the opinions of other senior executives of the company.

In addition to Mr. Ren himself, there were 8 other people in the conference room.

Mr. Ren said: "Mr. Chang from Leda talked to me a lot today. I think this young man, Mr. Chang, is very extraordinary..."

"The main reason why Leda Investment Company came here this time is to get 49% of the shares of our terminal business. In addition, it also wants to get one person from us..."

"I originally wanted to refuse directly. After all, the strategic choices made by the company need to be consistent and cannot be changed easily. They must be driven to the end and create a new world..."

"But what Mr. Chang said later forced me to think and study it seriously. I couldn't make up my mind, so I called you over to discuss and study it together and come up with an answer."

"Mr. Ren, what are the conditions given by Mr. Chang?"

Mr. Ren said: “The conditions they gave were: US$30 billion to take 49% of our mobile terminal business. In addition, there was an additional condition, that is, if the head of the unlimited department, Yu Chengdong, could be given to them, they could Plus US$10 billion. In other words, they are willing to exchange US$40 billion for 49% of the shares of the terminal business..."

The other eight people in the conference room were either surprised, deep in thought, or frowning after hearing this.

Then: "The price is much higher than our previous psychological expectations, but is Yu Chengdong worth so much?"

"Does Yu Chengdong have any advantages that we don't know about?"

"I just remember that he liked to brag and shout slogans."

"Awesome, Mr. Billion Dollars."

"If Yu Chengdong knew this condition and his personality, wouldn't he be even more bullish?"

Is Yu Chengdong worth US$10 billion? Chang Le thinks he is.

In 93, he joined Juchang after graduating from university. He started as a basic R&D employee in Juchang and gradually grew into the core person in charge of the wireless department. Every step he took was firm, practical and convincing.

There is no doubt about his ability. Being able to sustain himself in the high-intensity and high-pressure environment of Juchang and being constantly reused and promoted naturally has his own unique characteristics.

In terms of capabilities, in 07, the single-RAN products he led swept across Europe, helping Juchang's wireless products to rank second in the world, second only to Ericsson, and made great contributions.

After that, he was transferred to the terminal department and after a few years of silence, the P series and mate series launched sold tens of millions of units around the world, becoming a veritable cash cow of the chrysanthemum factory.

In terms of personality, he is very courageous.

When I was still a grassroots employee in Juchang, I dared to call Mr. Ren in the middle of the night and told him that he had discovered a very cool thing called CDMA, which was very promising.

He has a strong mentality. When he was promoting mobile phones in Europe, he didn't care at all about whether Europeans could understand his poor English. "I don't care what other people say, I just say the words I have learned by heart!"

are you OK!

He is very thick-skinned, "It has recently been made popular by those blind followers. Let me say it without humility. We will launch a flagship phone that is much more powerful than the iPhone by the end of this year and early next year."

Then, he was ridiculed by the crowd and earned the reputation of "big mouth".

He himself didn't take it seriously and was happy with it.

He has a very strong temperament as a man of science and engineering. When developing a new mobile phone, he regards "thin" as the beauty and requires the mobile phone to be thin from the inside to the outside.

As everyone knows, in some special and beautiful moments, thinness can indeed bring good enjoyment and experience to people (it is best to have no thickness), but in industrial design, simply pursuing "thinness" is like a disaster.

In the end, when the verification machine of this phone came out, he thought it was unsightly: What the hell is this?

It is precisely this kind of characteristics of strong ability, strong psychology, boldness and thick skin that Chang Le believes that he is very suitable for the position of Leda Automobile and is very suitable to become the head of Leda Automobile.

As for why 30 billion + 10 billion?

It's already a step too late. People have already made a decision. If you don't offer such a high price, how can you impress people?