Reinventing the Millennium.

Chapter 919 Factions (4k)

It is very embarrassing to break the market immediately after listing.

But the reasons that led to the break cast a cloud over Morningstar's prospects.

That night, the atmosphere of Morningstar's listing celebration banquet was somewhat dull. Shareholder Fang Zhuo did not attend because of other important matters, and several senior executives were rather listless.

The leader, Liang Gongwei, was as usual, but he held an impromptu meeting after the dinner to discuss the new situation that occurred in the afternoon.

"35.5 Hong Kong dollars, very good, we are now a big company with a market value of more than [-] billion."

"Oh, that's a lot more than that."

What Liang Gongwei said earlier made everyone feel a lot more relaxed. Yes, even if it breaks, the market value of Morningstar Semiconductor is now 156 billion Hong Kong dollars.

He also said: "I know that everyone will inevitably have concerns when they hear the news of the cooperation between Meiling and MediaTek. To be honest, I am the same, but are there still few challenges we have faced from 02 to now? Isn't it all the same? Each stage has new challenges at each stage, and now, when we become a [-] billion company, new challenges are already on the table.”

"I don't know if you have confidence. Anyway, I raised a few million to start a company. At that time, I didn't have any fear at all. Now that Morningstar is listed and has tens of billions, I don't know what it means to be afraid."

"Whether it's MediaTek or the richest man, Morningstar has entered a new fast track of development."

Liang Gongwei spoke in an unhurried manner. Although there was no roll call, everyone present knew who the "richest man" was talking about.

When the leader spoke, someone naturally expressed his opinion.

"What does Meiling mean? What does Mr. Fang mean?" Yang Weiyi, the co-founder and general manager of the company, frowned, "We all know that Meiling and Fang always wear a pair of pants. Meiling has stepped up cooperation with MediaTek, is Mr. Fang our shareholder or MediaTek's shareholder?"

He continued to say seriously: "MediaTek is an opponent we must pay attention to. Now that it has entered the field of TV chips, we must maintain our competitiveness and figure out Mr. Fang's intentions."

One of the reasons for today's break is that MediaTek once again expressed its interest in the TV chip business and gave further actions.

The core supporting the market value of Morningstar Semiconductor is its position in the field of TV chips. Now Meiling's cooperation seems to have torn a hole, and outside the hole is the covetous and powerful MediaTek.

Don't look at MediaTek's desire for mid-to-high-end mobile phone chip business, but its development in the past few years is no slower than Morningstar.

"MediaTek is afraid of a bird!" Vice President Zhu Lianghong said angrily, "MediaTek's revenue last year was 182 billion, and our revenue last year was 72 billion! Mr. Liang is right, there is nothing to be afraid of, we are the leader in the field of TV chips !"

Grass!
Wei Boyun scolded his mother in his heart, flatterer, he still came up to flatter him at this time!
He couldn't help but said: "Mr. Zhu, please unify your currency unit."

It is true that MediaTek’s revenue last year was 182 billion Huaxia Dollars, but when it came to Morningstar, it was converted into NT$72 billion, and the actual conversion into Huaxia Dollars was 16 billion.

In other words, MediaTek's revenue in 2007 was more than 11 times that of Morningstar Semiconductor.

Admittedly, MediaTek has only just begun to make efforts in the field of TV chips, but the market has already given a very clear response, worrying about the competition facing MStar.

Zhu Lianghong has a lot of experience and belongs to the native of Taiwan. He is not afraid of Wei Boyun at all, and retorts: "What's the matter? Want to grow others' ambition? Now which part of your heart has been poked? The Meiling part is where you ran, right? Now this What's going on? Are you going to report to Fang again later?"

Wei Boyun was furious, and stood up directly: "If you want to talk about business, just talk about it in a down-to-earth manner. Who are you fooling with your 182 billion and 72 billion? Okay, Meiling stabbed me in the back. I'll go find Fang Zhuo right away." Ask face to face!"

"Even if you tear your face apart and try not to cooperate in the future, you must let him make it clear! See if he is playing tricks behind his back!"

He turned to leave the meeting room.

The people next to him hurriedly grabbed the angry Vice President Wei, and tried to persuade him not to be impulsive, but to say something well, how could he be angry?

"Okay, Mr. Wei, you sit down, this matter should be discussed in the long run." Liang Gongwei stopped the chaos with a voice.

Wei Boyun sat down aggrievedly when he saw the headman stop him.

Forget it, since everyone says so, let's sit down first.

Otherwise, he would have to crash and die in front of Boss Fang tonight... in front of Boss Fang's bodyguards!
Wei Boyun let out a sigh of relief. Sometimes, the Taiwan department and the mainland department, the market and R&D, and the old and new employees are more sensitive. However, I have made a lot of credit with Mr. Fang. There have been changes there, and I am really It's not easy.

"Mr. Fang has indeed given us a lot of help in our development. The business of Meiling and Changhong is very good for Mr. Fang. Let's not talk about these two now. Our relationship with manufacturers such as Haier, TCL, and Hisense must continue to be maintained." Liang Gongwei didn't use his emotions, he knew that some of the words in the conference room were based on their respective positions, "What we have to be wary of is that MediaTek will copy our development experience and gradually poach market share."

Morningstar has come to the present by relying on high quality and low price, quickly handling feedback from manufacturers and customers, and being good at taking advantage of various positive factors that affect the market.

However, MediaTek has a similar atmosphere.

"Mr. Fang still needs to communicate more, and we can't let go of any factors that are beneficial to us. Don't say anything that will tear you apart. This is our own shareholder." Liang Gongwei gave a bottom line, "But don't worry too much about TV chips. In this area, let’s take a step back and say that there are only two companies, Meiling and Changhong.”

He continued to talk about mobile phone chips outside of Morningstar Semiconductor's main business, and also talked about the relationship with Yike without shy away.

"Without Yike, would we give up mobile phone chips?"

"Without Yike, we still have to do it, we still have to upgrade, and we still have to actively lobby various manufacturers. Next year will definitely be a year of explosive development of smart phones. Even if we really don't get orders from Yike, there are still many Chance."

"Having said that, this doesn't mean that we don't fight for what should be fought for. I also think that Chenxing's road ahead will be smoother."

Liang Gongwei's attitude is very clear, don't be afraid of losing, but fight hard.

The meeting ended, and Wei Boyun was left behind.

"Wei Boyun, what do you think this party always wants to do?" Liang Gongwei has been thinking from yesterday to today, and he still doesn't quite understand Fang's changes.

The same is true for Wei Boyun. He carefully put forward a hypothesis: "Mr. Liang, as far as I know, the head of Meiling has changed. The current Zhang Xuebin was originally owned by Skyworth, and later he jumped to Meiling and took over Changhong. Skyworth I had some unpleasantness with Mr. Fang before."

"Mr. Fang has a very good relationship with Ni Runfeng, who was the predecessor of Changhong. Could it be that Zhang Xuebin's relationship with Mr. Fang is not that close?"

"Could it be that we have overcomplicated this matter, or that MediaTek's efforts just happened to be effective?"

Liang Gongwei is thoughtful and justified.

Wei Boyun continued: "Fang is always our shareholder. Why does he have any reason to beat himself up? Even if he is the richest man, this share is worth more than 20 billion yuan. I don't believe he doesn't care. The better Morningstar develops, the better he will be in a year. The more you can get the more money.”

Liang Gongwei nodded slightly, yes, this is all his own money.

He pondered and said: "Then look again, the most urgent thing is the performance of chip products. For Mr. Fang, you can ask more questions if you can while he is in Xiangjiang recently, and let Mr. Yang talk with him when necessary."

Yang Weiyi is a mainlander with a high position and authority, but he is not the leader after all, and there is still room for maneuver if there is a problem.

Wei Boyun nodded solemnly: "I'll try tomorrow and then talk to Mr. Fang."

He left the conference room and saw Yang Weiyi and Mr. Yang went to communicate with Mr. Liang alone when he walked around the corner of the corridor.

Wei Boyun had a headache for a while, Mr. Fang's accident really troubled all the senior management of Morning Star.

Back in the room, he thought about it left and right, and still felt that he should communicate with the company's shareholders in a timely manner.

Wei Boyun called President Fang.

This time it was connected quickly.

"Boss Wei, tell me if you have something to say." Fang Zhuo was straightforward.

"Today, Meiling and MediaTek are cooperating, which is bad news for Morningstar." Wei Boyun was also very straightforward, "Mr. Fang, I'm a little confused about such a business change."

Fang Zhuo: "Huh?"

Since Wei Boyun made the phone call, he also euphemistically expressed some thoughts and attitudes within the company. By the way, he also vaguely mentioned the speculation about the change of the heads of Changhong and Meiling.

Fang Zhuo: "Oh, so I thought so."

Wei Boyun: "..."

"Okay, Mr. Liang asked, so I will say so." Fang Zhuo agreed with Mr. Wei's logic.

Wei Boyun was silent for a few seconds: "Mr. Fang, don't be joking. Although Morningstar broke today, its market value is still 156 billion."

Fang Zhuo heard the implication of the other person's words, Morningstar with a market value of 156 billion, the shares he holds are also money.

He pointed out a problem in Mr. Wei's logic: "It's okay."

Wei Boyun: "..."

He suddenly found a dislocation. He and others, including Mr. Liang, thought that the shares held by Mr. Fang were very valuable bargaining chips. Do you think so too?

After a while, Wei Boyun asked the most fundamental doubt: "Mr. Fang, what do you want?"

Fang Zhuo said with a smile: "It seems that I haven't said enough today, but your goods are not beautiful enough, bad guy."

Wei Boyun sighed: "I thought Mr. Fang wanted Morning Star."

"It's not impossible if the morning star is cheaper." Fang Zhuo replied lightly.

Wei Boyun wasn't sure how sincere his answer was.

He changed his mind and said, "Mr. Fang, do you have time tomorrow? Our Mr. Yang wants to treat you to dinner, and he is also a little confused about the direction of IC design."

"Go to Bank of China in the morning, go to Huo's house in the afternoon, and have a banquet in the evening." Fang Zhuo casually stroked the itinerary, and said, "Let's just do it, and wait for your chips in December. I would like to see Morningstar getting better and better." If you need anything, please contact Liu Zonghong or the company."

The phone hangs up.

Wei Boyun put down his phone in a daze.

He thought for a long time on his own, and made a decision. He will play "Fruit Assassin" later. Mr. Fang wants Morning Star, no Morning Star, morning star, no Morning Star, yes, no...

……

"Morningstar's development is still very fast, and the revenue growth rate in the first half of this year is still very high."

"Senior Vice President and Marketing Director Wei Boyun, the market is doing very well. His immediate boss, Lin Yongyu, is in charge of Morningstar's China business. All of them are mainland employees, and none of them are from Baodao."

"Lin Yongyu was born in Zhejiang University and is the younger brother of Yang Weiyi, the general manager of Morningstar."

"Yang-Lin-Wei, these three represent an important inland faction within Morningstar."

"Morningstar is different from MediaTek. MediaTek fully relies on Taiwanese cadres in the Chinese market, while Morningstar's mainland faction has a lot of say."

On the morning of September [-]th, Liu Zonghong reported his observation and summary of Morningstar Semiconductor.

Fang Zhuo ate and listened, occasionally asking some small questions.

The information in Liu Zonghong's hands is very comprehensive, including the information disclosed by Morningstar's listing, as well as the summary obtained from mainland manufacturers, and even the evaluation from MediaTek, which can answer the boss's questions very well.

"Well, you ask Xu Fei to follow up on this matter, and you pay more attention." Fang Zhuo was very satisfied with the secretary's work, and ordered another administrative assistant to follow up on the observation of Morningstar's business.

Morningstar's products have been recognized by many manufacturers. This is the basic disk. Even if it is MediaTek, the competition will not be effective immediately.

However, the financial turmoil will inevitably accelerate changes, and the Morningstar model, which utilizes both services and prices, is difficult to continue the current momentum.

If you want the morning star, you need some means and some patience.

What Fang Zhuo wants is a relatively complete morning star, and the mainland faction with the right to speak will help achieve the goal.

Liu Zonghong complied, and he felt that this was also a test of his ability by the boss.

"We're here in Xiangjiang, let's socialize." Fang Zhuo pushed away the bowls and chopsticks and stretched, "At least the richest man in the mainland has landed on the Hong Kong Stock Exchange."

He also saw media reports.

Liu Zonghong knew that the invitations fell in front of the boss like snowflakes. Although there seemed to be some conflicts with the rich people here in the past, there were still many people who wanted to see Mr. Fang.

So entertaining until eight o'clock in the morning on the 13th.

Fang Zhuo overlooked Victoria Harbour, and suddenly received a message from his golf friend Austin.

In an hour, there will be a discussion meeting on Lehman Brothers in the New York Fed conference room.

Participants included Blankfein of Goldman Sachs, Thain of Merrill Lynch, Mack of Morgan, Dimon of Chase, Pandit of Citigroup, Kelly of Bank of New York Mellon, Duggan of Credit Suisse, Paris Bank of China's Schenck, Royal Bank of Scotland's Almani and UBS's Wolff.

As well as American wealth Paulson and Securities and Exchange Commission Chairman Cox.

"Stop making coffee, get me a Coke."

Fang Zhuo put down his phone and told his secretary.

Liu Zonghong was a little surprised, this is really not in line with the boss's habit.

Soon, Fang Zhuo was drinking Coke, overlooking Victoria Harbour, and heard the sound of a storm brewing in the distance.

(End of this chapter)