I've done whatever I want

Chapter 258 Acquisition from Competitors

In 2007, it was a chaotic time for domestic mobile phones, and it was also an era of crazy wealth creation.

That year, Huawei mobile phones, which the Chinese people are proud of, had not yet emerged. Xiaomi Oppo, which has become popular around the world, had not yet come out. IDH solution companies had sprung up like mushrooms after a rain. High-tech mobile phone development and manufacturing turned into a simple building block game. , which has greatly lowered the entry threshold for mobile phone manufacturers. All kinds of copycat mobile phone manufacturers are distributed in rental houses in Shenzhen.

In Huaqiangbei, some residential buildings near Bagualing are often brightly lit all night long, and migrant workers sweat profusely producing mobile phones.

Although the price of counterfeit mobile phones is low, after deducting various costs, the profit of one phone is only 50 yuan, but assembling 50 units in one night can still make a profit of [-] yuan.

At that time, mobile phone dealers from all over the country gathered, and brothers from Asia, Africa and Latin America who came to sell goods also crowded the streets and alleys of Huaqiangbei. Huaqiangbei ushered in its craziest era and became undisputedly a The largest mobile phone trading center in Asia.

On weekends, people in Shenzhen like to go to Dongmen, Old Street, and Huaqiang North. At that time, the center of the universe was Luohu.

When it comes to copycat mobile phones, everyone will sneer at them. However, at that time, the sales of copycat phones were amazing. They won the favor of the working class with their innovation, versatility, high imitation and cost-effectiveness, especially their various weird and incredible functions. I kept clapping and applauding.

Have you ever seen a copycat cigarette lighting machine? Have you used it?
Does shaving with a mobile phone remind you of the mobile phone used by Star in the Chinese 007 movie?

Speaker copycat machine, three-dimensional surround, KTV instant listening experience, satisfying your ultimate pursuit of music!
The marquee function of the copycat phone is a powerful love tool to seduce little girls. Playing lingering old love songs, coupled with the gorgeous marquee lights all around, when you turn off the lights at night, do you feel like you are in a nightclub?

However, all copycat phones have a fatal shortcoming: poor quality and short service life!
Unlike manufacturers such as Nokia and Samsung that focus on mobile phone research, copycat mobile phone manufacturers enter the market with the purpose of making quick money. The products they launch have not undergone rigorous verification and are destined to be inferior products.

The short life of mobile phones has directly benefited the consumer electronic components market and boosted the sales of mobile phone chips.

There is no doubt that Jinshi Technology stands at the forefront of the times. When the wind of the times blows, pigs can fly.

August 2008, 8 was the opening day of the Olympic Games and the first anniversary of the establishment of Jinshi Technology Shenzhen Branch. Xin Tong, who had made a lot of money, spent a high price to buy ten tickets for the opening ceremony from scalpers. , assigned to the company's key talents and sales champions.

When Liu Huan and Sarah Brightman sang "You and Me" at the Bird's Nest, Xin Tong felt a sense of national pride in his heart.

After working in Shenzhen for a year, Cui Jie's sales commission made him laugh out loud, which triggered his urge to look at properties.

From Qianhai to the North Gate of Shenzhen University and then to Songping Mountain, he visited every real estate in Nanshan Science and Technology Park.Finally, he bought a big house in Xili, Nanshan, and he didn't even blink when he paid for it.

Not long after, he brought his wife and children from Suzhou to Shenzhen.

This was unimaginable more than a year ago. At that time, he was working as a manager at the R&D center of Huizhou Industrial Control. With a fixed salary in his hand, he could save money every month after buying cosmetics for his wife and milk powder for his son. He didn't have much money, and he was even more envious of the Santana 3000 driven by Zhu Tao.

Just one year after coming to Shenzhen, he transformed from a black-bone chicken into a golden phoenix.

Every day after eating his wife's loving breakfast and kissing his child's cheek, he went to work in the Skyworth Building. Cui Jie felt that life was extremely beautiful.

With money in his pocket, his thoughts changed. He and his wife re-planned their lives. They went to Hong Kong every month and arranged a trip to Singapore, Malaysia, Thailand or Saipan every six months. When their children grew older, they wanted to Well, I want to send him to Hong Kong to study. The teaching there is more international.

That day, he finished his love breakfast, kissed his son on the cheek, and drove the Mercedes-Benz sedan equipped for him by the company to the office.

After a year of development, Shenzhen Office already has more than 20 people.

"Mr. Cui, there is a client who wants to see you!" the front desk clerk said as he walked into his independent office. "Okay, you ask the customer to wait for me in Dameisha!"

Dameisha is the elegant name of the large conference room of Jinshi Technology Shenzhen Office. There are three conference rooms in Shenzhen Office, named Dameisha, Xiangmi Lake and Wutong Mountain.

Cui Jie checked his email. There was nothing important to deal with, so he walked out.

Generally, customers will make an appointment in advance when visiting. Who is this customer?

"Hello!" He walked into Dameisha and saw a man and a woman wearing professional formal attire, sitting upright in the conference room.

"Is it Mr. Cui? We are from the Dalian Investment and Financing Department. My name is Jack, and this is my colleague. Her name is Tina!" The man's nose was a bit straight, and he stood up with a swipe, nodding very politely. nod.

"Welcome! Welcome you two!" Cui Jie smiled when he heard that they were from Dalian University, which is well-known in the industry.

Dalian University is a competitor of Jinshi Technology. What is the purpose of the visit?

"Mr. Cui, I'm sorry to bother you! We flew here from Taipei and want to talk to you about asset acquisition!" Jack said straight to the point.

"Acquisition?" Just when Cui Jie was wondering, he suddenly heard the word "acquisition" and was shocked.

Over the past year, with its good service and on-time delivery, Jinshi Technology has made a name for itself in the mobile phone chip market in Shenzhen. Unexpectedly, it has attracted the attention of Dalian University.

Cui Jie was deeply impressed by this Taiwanese company. Dalian was founded in Taipei City in 2005. Although it was not established for a long time, it has become the largest channel company in Asia through integration and mergers.

"Yes, after our evaluation, we believe that Jinshi Technology is a high-quality asset, and Dalian Dalian is willing to pay a high premium to acquire you!"

"Jack, acquisition is not a trivial matter. I want to ask my boss for instructions on this matter!" Cui Jie said.

"Mr. Cui, we at Dalian University are willing to pay [-] million to acquire your Shenzhen Office!" Jack was full of sincerity.

Oh my God!Two hundred million!

Cui Jie was frightened, and it took him a while to recover: "Thank you! I will report this matter to my boss and get back to you tomorrow!"

"Ok!"

"Mr. Cui, if you are not satisfied with the price, we can still negotiate. We at Dalian University are sincere in acquiring Jinshi Technology!" Tina smiled slightly.

After sending away two clients from Dalian University, Cui Jie returned to his office. He could not feel at ease.

I really didn’t expect Jinshi Technology to be so valuable!
If [-] million were spent, as the general manager, I should be able to get tens of millions!

I used to think that Xin Tong was just talking big words, but I didn't expect that his company was so profitable. He was really with the right person.

(End of this chapter)