Chapter 509 Breaking through 700 billion yuan! Zhou Hongyi: Chen Yansen is my best friend!
The night sky is as dark as ink, a crescent moon hangs high in the sky, and the stars are dim.
Inside Villa 108 in Delta, the autumn air is slightly cool.
On the branches of the camphor tree in the courtyard, new leaves and old leaves overlap layer by layer, and a touch of ochre red is dotted among the clusters of green.
A gentle breeze blew by, making a rustling sound.
Chen Yansen leaned on the couch, casually flipping through netizens' messages.
"Does Qualcomm have any evidence? Just open your mouth and say it! I don't believe Tiangong Technology would infringe on your rights!"
"Objectively speaking, international communications companies like Qualcomm hold a large number of basic patents in the baseband field. It is indeed difficult for Tiangong Technology to circumvent them. Even if it uses similar or upgraded modulation and demodulation and digital signal processing technologies, it is likely to touch Qualcomm's patent barriers."
"Isn't Qualcomm using Tiangong Technology's Orange Z1 instruction set technology? Aren't they afraid that Chen Yansen will terminate the cooperation?"
"Don't be naive, the person above! They've paid for it, so they can use it however they want during the contract period!"
“I’ve learned something new!”
"What are you afraid of? Tiangong Technology has already filed a complaint with the Shanghai Intellectual Property Court. Qualcomm's scrambling and multi-mode fusion technologies have infringed our intellectual property rights."
"I heard that Sunlink Capital is forming an overseas legal team and is preparing to file a counter-sue against Qualcomm in the Western District Court of Texas!"
"Such a huge conflict? Looks like I have to step in and mediate it myself!"
Chen Yansen smiled lightly and threw his phone aside.
It’s just a lawsuit, who’s afraid of who?
Since Paul Jacob wanted to play, he played along.
He doesn't care even if he invests tens of billions, at least he can still get a considerable amount of humanitarian support.
There are three possible outcomes:
First, the two parties reached a settlement and agreed to cross-license their patents;
Second, Qualcomm won the lawsuit and Tiangong Technology paid compensation;
Third, Tiangong Technology won the case and Qualcomm paid compensation.
The second and third situations are likely to occur at the same time.
"You don't seem worried at all?" Ye Qiuping grabbed a handful of fish food and threw it into the pond one by one, making a dozen fat and big-eared koi fishes run around in a panic.
They can tell with their eyes closed that the one feeding them today is definitely not their owner.
After all, Chen Yansen always throws handfuls of money, and as long as the person is not dying, he will feed him until he is dead.
"There's no need to worry. There are at least 8,000 similar intellectual property disputes every year. It's either Qualcomm suing Apple or Shanxing, or Shanxing suing Nvidia, Qualcomm, and Dongfang."
Chen Yansen said indifferently.
Prosecution is just one form of offense.
Unless both sides test each other first, no one will return to the negotiating table.
"The sugar soup should be ready. Shall I give you a bowl?" Ye Qiuping nodded and asked.
"Go ahead." Chen Yansen waved his hand in response.
He was busy from morning till night today and didn't have any free time at all.
First, I was busy dealing with the project launch meeting of Xingyuan Technology, and then I chatted with Xu Zhenhui for an entire afternoon.
Xucheng has rich mineral resources and is a major power export city in East China, with a very stable power supply.
Moreover, there are supporting enterprises such as mechanical processing and electronic components here, which are located in the radiation area of the Yangtze River Delta, facilitating supply chain collaboration.
Setting up a new energy vehicle factory in Xucheng has good transportation, industrial foundation and supporting potential. Coupled with Xu Zhenhui's policy support, it is a good choice.
In the early stage, the focus will be on research and development and small-batch trial and error. Once the industry ecology and supply chain mature, it will not be too late to build branch factories in Shanghai, Luzhou, Suzhou and other places.
"When the price of the first generation of Deep Blue batteries drops below US$200 per kilowatt-hour, it will be the best time to fully enter the new energy vehicle industry."
Chen Yansen muttered softly.
Then, he called out the system panel and glanced at the value of the Humanitarian Flame.
There are 641,017 strands in total, which can be synthesized into 64 strands of immortal flames.
“Add some more!”
With a thought, a purple-black mist broke through the air and suddenly penetrated into the center of his eyebrows.
The lavender light on the surface of the pupil was faint, and after just three seconds, it seeped into the depths of the eye.
The spirit column then rose to 103.73!
At this time, Ye Qiuping just came over with some sugar water.
Chen Yansen turned his head and saw that Master Ye was wearing a nurse's uniform with shiny lip gloss on her lips.
Before the person got close, a voice came over: "Boss, it's time to take the medicine."
…
…
The next morning, Huang Zheng announced Pinbei's stock code and listing time on channels such as Toutiao, Mimo, Douyin and Weibo - PINB, December 27!
It took nearly five months from the start of preparation to the official listing.
This speed is not the fastest, but it is also relatively fast.
Outsiders may not understand it, but people in the financial circle know it well: the securities firms that Senlian Capital cooperates with are all strong and have amazing networks of relationships.
Five months means that Pinbei's prospectus is of high quality, has few compliance issues, and the number of review feedbacks from the Securities and Exchange Association is small.
It also shows that the market environment is cooperative, and the roadshow, determination of issue price, listing and other links are progressing extremely smoothly.
The issue price is 40 US dollars per share, and the market value exceeds 88 billion US dollars!
At that time, Baidu's market value was only 19.7 billion US dollars.
Affected by the "SB War", the market share of the search engine business has fallen below 40%. In addition, the food delivery, group buying and online car-hailing sectors have only seen exits and no entry. Compared with the peak in the first half of the year, the market value has evaporated by US$10.5 billion.
Investors in North America even suspected that Li Yanhong was using the new business to extract Qiandu's cash flow.
In response to this, the first reaction of domestic netizens was that people overseas are really stupid and have a lot of money.
Penguin, which was established 15 years ago and listed for 9 years, holds two trump cards, QQ and WeChat, plus e-commerce and online game businesses, but its market value is only 116 billion US dollars.
Pinbei has only been established for two years, and it has achieved a market value of 88 billion US dollars just by virtue of its reputation as the number one social e-commerce company in China and the second largest e-commerce company in China?
Many people are puzzled and think that the value of Pinbei is inflated.
But in fact, the five major underwriting institutions, including Goldman Sachs, Credit Suisse and Morgan Stanley, chose to subscribe in full without much consideration.
Are the financial tycoons and industry elites on Wall Street all idiots?
Obviously not.
As soon as the news came out, domestic media reposted the report.
"Pinbei's IPO is confirmed! IPO raised $8.8 billion, setting a record in the Beacon Country market!"
"Pinbei's IPO creates a wealth myth: over 6,000 employees become rich overnight, and may become millionaires, multi-millionaires, or even billionaires!"
The first listed company of the world's richest man: From a college student in a startup park to an e-commerce giant worth $88 billion!
"Pinbei is priced at US$40 and valued at US$88 billion!"
Overseas media also reported extensively on this.
The headline of the news in the New York Financial Times is "The fundraising demand of 8.8 billion US dollars tests the market capacity of the beacon country", and the headline of the Wall Street Journal is "Pinbei is not the Chinese version of Amazon, but the first capital show of the world's richest man!"
Netizens joked in the comment section: 1 Pinbei = 2.4 Qiandu = 8 NetEase = 10 360 = 26 Sohu!
I don’t know who first posted this formula, but it quickly became popular on social networks in China.
After seeing this, Li Yanhong narrowed his eyes and his face became extremely ugly, revealing an indescribable gloom.
When Ding Lei heard the news, his heart sank, and he cursed, "Who did this? Was it necessary? Do you even need to remind me?"
Zhou Hongyi was magnanimous and responded self-deprecatingly: "Congratulations to my good brother Chen Yansen, and I wish him a successful IPO! 360 is also working hard, and I hope everyone will support 360's mobile phones and software products."
Zhang Chaoyang didn't pay any attention to this matter at all. He had been drinking in the bar until the early morning the night before and was still asleep.
Pinbei's listing plan has been finalized, and the happiest people are the company's employees.
From customer service, auditing, operations, to investment promotion, finance, and legal affairs, people in every position were all excited.
One thousand options are equivalent to 40,000 US dollars, 10,000 options are equivalent to 400,000 US dollars, and 100,000 options are equivalent to 4 million US dollars.
Not counting the option rewards previously received, as long as the annual transaction volume target of 600 billion can be achieved, everyone can share an option bonus pool worth 400 million US dollars.
Even for customer service positions, the minimum reward is 500 shares, which is equivalent to 20,000 US dollars.
In my hometown, this is enough to pay the down payment for a house.
For a time, the entire project team was full of energy, as if they had been injected with chicken blood.
Huang Zheng also ended his business trip two days later and rushed back to Xucheng to take charge of Pinbei's fourth quarter work.
At the same time, a company named Orange Automobile Co., Ltd. completed its registration.
Although it was not made public, it still attracted the attention of those who were interested.
"Chen Yansen wants to build a car?"
"This guy must have been a reincarnated glutton in his previous life. He wants to get involved in every industry!"
"It's normal for them to enter the new energy vehicle industry since they have Deep Blue Battery."
The bosses of a number of traditional car companies couldn't help but complain behind the scenes.
The only thing to be thankful for is that Chen Yansen did not choose to cooperate with other car companies, but decided to apply for car manufacturing qualifications independently. Even the workshop layout of the production base is still blank.
In other words, it would take at least two to three years for Orange Car to be put on the market and delivered.
Oranges are indeed opponents, but they are their future opponents.
…
…
On November 4, 5 and 6, Yu'e Bao's returns continued to rise, with daily returns of 1.53, 1.57 and 1.62 yuan per 10,000 yuan. The annualized yield in the past 7 days was as high as 5.9%, only 0.1% away from breaking through 6%.
More than a decade later, when ordinary people heard the 5.9% comprehensive yield, they would probably mistakenly think it was P2P, but in 2013, it was a real money market fund.
Therefore, the scale of Yu'ebao's funds continues to rise.
By November 8, it reached 700 billion yuan for the first time!
The scale of funds of WeChat's Zero Money and Ali Baba's Yu'ebao has continued to soar, and the development of Internet finance has entered an unprecedented fast lane.
At the same time, with the additional support of OneKee Cloud, the "Crystal Plan" launched by Xunlei caused the value of OneKee Coin to soar.
It was initially priced at 0.01 yuan, but it rose to 0.43 yuan in just eleven days, an increase of more than forty times.
Some people just bought 100 yuan of Wanke coins and now they have earned more than 4,000 yuan.
Making money seems too easy!
Yu'ebao's returns have soared, the ChiNext Index has risen by over 80%, and P2P financial products are emerging in large numbers.
Some people even borrow money to invest in stocks, start businesses, fearing that they will miss out on hundreds of thousands of dollars in profits if they are a step slower.
No one thought there was anything wrong.
When someone around you gets a new car thanks to a market trend, or someone starts a small business with an online loan and makes a profit in three months, and when "missing the opportunity" makes people more anxious than "losing the principal", rationality becomes a shackle that is ridiculed.
The storm is coming!
Chen Yansen stood in front of the floor-to-ceiling window in his office and sighed slightly.
How easy is it to start a business?
For ordinary people, the harder they work, the more miserable they become.
The Shanghai Intellectual Property Court, as well as the Dezhou West District and East District Courts, have accepted the parallel prosecution requests from Tiangong and Qualcomm and are currently in the evidence collection and scheduling stage.
Qualcomm applied to the court for pre-trial preservation of behavior, requiring Tiangong Technology to suspend the sales of Tiangong A100 chips.
Chen Yansen's legal team did not tolerate Qualcomm and also applied for pre-trial behavior preservation to prohibit Qualcomm from selling chip products suspected of technology infringement.
The two sides completely broke off relations!
Qualcomm originally wanted to threaten TSMC to cut off supplies to Tiangong Technology, but just as Paul Jacobs was about to call Zhang Zhongmou, he received a message.
Tiangong Technology has signed foundry agreements with GlobalFoundries and UMC respectively, adding two more partners.
In other words, unless he can get three foundries, even if Zhang Zhongmou agrees to interrupt Tiangong Technology's 28nm production capacity, GlobalFoundries and UMC can fill it at any time.
He can't threaten Chen Yansen!
Instead, Chen Yansen said that he planned to terminate cooperation with Qualcomm and instead choose chips from MediaTek and Nvidia.
Paul Jacob was immediately furious!
You should know that Orange Technology's global shipments reached 93 million units as early as half a month ago in an industry survey report, making it the world's third largest mobile phone brand.
If Qualcomm loses orders from Orange Technology, its revenue and stock price will also be affected.
Paul Jacob pondered for a moment, then called over his assistant and gave him a few instructions. Then, he snorted coldly, "In China, there are countless mobile phone manufacturers trying to replace Orange Mobile's market position. With Qualcomm's strength, can't they cultivate a second Orange Mobile?"
One day later.
Lei Yijun, who was at Xiaomi's headquarters in Yanjing, received a call from the president of Qualcomm Dahua region.
The call was brief but contained a lot of information.
If Xiaomi is willing to give up the Aurora Future system and give up using the Tiangong A100 chip on its next-generation flagship phone, Qualcomm will fully support Xiaomi and give priority to supplying Xiaomi with Qualcomm's latest chip products.
Flexible terms are also given to Xiaomi's patent royalties, which are more favorable than those of other manufacturers, reducing the cost of Xiaomi's mobile phones going overseas.
In addition, it can also introduce overseas operator resources to Xiaomi to help it optimize its supply chain, thereby breaking free from the development restrictions imposed by Tiangong Technology on Xiaomi.
To be honest, the conditions offered by Paul Jacobs were very generous.
Lei Yijun knew very well that if Xiaomi could get on Qualcomm's high-speed train, Xiaomi's brand influence and overseas market structure would undergo tremendous changes.
"Betray Orange Technology, betray Chen Yansen?"
Lei Yijun muttered to himself.
Chen Yansen has always had a reputation in the industry for being vindictive. Is it really worth it to offend Orange Technology for Qualcomm?
The other side.
Coincidentally, Zhou Hongyi also received a call from Wang Xiang, President of Qualcomm Greater China.
"Boss Wang, don't you know that Chen Yansen is my best friend?"
Zhou Hongyi asked back with a frown.
(End of this chapter)
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