I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 105 Chapter 105: The target mentioned by Gao Huaijun was scary! (First update)
"I think the moat of mobile phone technology is divided into several major sectors." Gao Huaijun paused and continued.

“The first one is the increase in customer marginal value brought about by network effects!”

"The network effect means "the more people who use it, the greater the value. Unless everyone leaves at the same time, no one will be willing to leave, so everyone uses mine instead of yours."

"We have now launched a series of very small household products, that is, a series of derivative small products, such as smart small desk lamps, smart small fans, etc. Most of these home appliances have good quality and design, and are cheap. What we do in this area is It’s not profitable!”

"So, what is our purpose of producing this small product? Our purpose is to connect them through the mate platform!"

“The vast majority of people will not buy a desk lamp to install an application on their smartphone, but they may buy a small connected desk lamp after installing a smart applet we designed. Similar derivatives will follow in the future. Products will have similar effects.”

"In this way, our smart mini-programs can have certain synergy effects with Mate phones, so that in the future, Hillhouse Technology will inevitably have its own highly sticky user group!"

Gao Huaijun was improvising at this time.

What mate 1 has now will definitely be seen by interested people, and it will be regarded as a brand. He does not think that these things are so easy to be imitated.

In later generations, after so long development, there was only one millet in the entire country of China!
“The second is that we have a strong R&D team!”

"Some people say, don't other companies also have strong R&D teams? What's the difference between it and your R&D team?"

“What I want to say is that technological innovation is the underlying logic for Hillhouse Technology’s success!”

"Electronic technology products themselves have unique attributes. A stable life cycle, multiple moats, and an insurmountable know-how accumulation stage make investment in electronic technology better. Globally, electronic technology enjoys higher valuations than ordinary manufacturing industries. Value premium is a unique premium due to its own attributes.”

"What really brings about the moat is undoubtedly technology, the patents and products brought by technology, and the bottom layer is research and development!"

"In the past two years, the number of Hillhouse Technology's R&D personnel has increased from 0 to 06 in 538. At the same time, R&D expenditures have continued to increase. While revenue continues to grow, the proportion of R&D investment has always remained at more than 15% in China. The highest level in the industry! Among them, our company's total R&D expenditure in 05 was nearly 3000 million yuan, a year-on-year increase of 300%! In the future, Hillhouse Technology will establish an R&D innovation platform based on global resource allocation in major central cities in China to R&D drives sales!”

"The third one I call a port!"

"Mobile phones are no longer limited to the most basic call functions. They can integrate too many functions, which we can't imagine today. In the past, humans carried schoolbags to school, went to the library to check information, and queued up to buy tickets for movies. The serious things that must be done, such as buying tickets and shopping in shopping malls, can now be completed by lowering the head and pressing the button. There are a lot of calendars, computers, notes, calculators, books, scanners, etc. on the table. I plan to concentrate them all on the small On the phone.”

"We can read newspapers, magazines, novels, TV broadcasts and weather forecasts on our mobile phones."

"We can also use the phone as a calculator, a recorder, a magnifying glass, and a camera."

"That's what I call porting!"

"It will be a collection of products, which will integrate top students, bosses, scholars, writers, etc., with various complex functions. This is something we could not imagine before!"

Sun Qian became more and more excited as she listened!
The more I listen to it, the more shocked I am!This is a man with great ambition and keen vision!
She defined Gao Huaijun in her heart!
Many business people she interviewed, especially those running small businesses, often had insufficient vision.

Many times, success or failure depends on the level of knowledge, rather than simply working hard.

The same is true for enterprises. Whether entrepreneurs can have advance knowledge and whether they can apply this knowledge to the operation of the enterprise determines the development and direction of the enterprise.

Sun Qian actually observed that many entrepreneurs or operators in Xicheng's local manufacturing industry are very insensitive to markets, industries, finance, policies, business opportunities and crises, and are slow to respond to changes in the business environment.

The reason is lack of knowledge and insufficient vision.

But precisely, Gao Huaijun has an entrepreneurial vision, which many people do not have!
Sun Qian nodded while thinking, and then she said, "As you said just now, Hillhouse Technology will drive the development of sales through research and development. So can you estimate that in the future, if the research and development progress can be improved, Hillhouse Technology will How much room for growth can technology have in the future? How much output value can Hillhouse Technology achieve in three years?"

Gao Huaijun adjusted his posture slightly, then stretched out a finger and said confidently, "In three years, Hillhouse Technology's sales will increase tenfold, easily! My goal is that Hillhouse Technology will at least have Five billion!"

Sun Qian was shocked by Gao Huaijun's five billion!

She was really frightened by Gao Huaijun's target.

In Xicheng, a company with sales of [-] billion is definitely at the top level!
A 28-year-old boss is in charge of a company worth 50 billion yuan. This sounds like an incredible thing!
The key is, this man is still single!
This is no longer a diamond king, this is a titanium alloy king!

I don’t know how many girls are vying to be his girlfriend!

Gao Huaijun smiled faintly and said confidently, "Hillhouse Technology now has a complete electronic technology research and development platform. We not only have exquisite M series MP4s, but also high-end Mate series mobile phones. Moreover, we are also It has a firm foothold among mobile phone products priced at 3000+.”

“现在高瓴科技已经实现了0到1的突破，再1到10，远远比了0到1要容易得多得多。这对于我们来说，并不是一个非常困难的目标。”

Now Hillhouse Technology is lying on the ground ready to go, and the success of mate1 has greatly shocked the company's morale.

nothing is impossible!
Gao Huaijun is very confident in this!

At this time, Ji Bochang also watched Gao Huaijun's interview on TV.

He is a proud man, but at this moment he is really exhausted mentally and physically. It is really painful to compete against someone like Gao Huaijun.

He used various methods to attack this guy, but he used various methods to dodge.

Ji Bochang had nothing to do with him!
This was something he, the proud man, couldn't accept.

(End of this chapter)