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

Chapter 91 Chapter 089: I want to acquire Hillhouse Technology! (2nd update)

Chapter 91 Chapter 089: I want to acquire Hillhouse Technology! (Second update)
As a behemoth, Lian Xiang has always been quite low-key in his actions.

Now they have taken a fancy to the narrow niche market of MP4, and their actions are very fierce.

With the price of 1300 yuan, not only the newly established MP4 market, but also the related MP3 market has been squeezed.

All related products have entered a downward price channel, and the involution of the MP3 market is coming ahead of schedule!
Although Lianxiang's previous sales in the MP3 field were 4 million, which is a relatively huge number compared to Hillhouse Technology, but for Lianxiang, it is better than nothing.

Although it is better than nothing, there should be no big problem if there are no foreign brands entering the market and it will be an emerging electronics company to open up the market. They will directly crush it with their size and take over the market in 2 years.

Perhaps due to the butterfly effect of Hillhouse Technology, Lian Xiang is now more radical than Gao Huaijun in his previous life.

Almost within a month, the prices of MP3 products sold on the market began to drop one after another, and even the average selling price dropped by almost 200 yuan!
This is a huge number!

Yang Qing gave Liu Zhi a brief report on the impact of Lianxiang's MP01 called HY4 on the market. Finally, he sighed, "I didn't expect that Lianxiang already had such a big market advantage in the market. In the past, our strategy was still conservative. It seems that we even want to have the last laugh in the MP3 and MP4 market, it is a sure thing!"

After saying that, his face looked slightly proud.

He just took over the Lianxiang Group and now he is in urgent need of making some achievements. Now Mr. Liu has given him some authority. It seems that the results are pretty good!

Liu Zhi took a sip of the coffee on the table. This was his favorite coffee ground from Geisha coffee beans from Panama. It has plump fruits, bright luster, uniform bean shape, strong sourness and sweetness, and a delicious taste. Smooth and smooth, Geisha has officially entered the ranks of top-quality specialty coffee.

After a moment of silence, he said, "You've done well this time, but don't be arrogant. Now China's high-end MP3 and laptop markets are basically divided up by foreign companies. Even we are only in China." The bottom-end market is struggling. Now, it just catches foreign companies off guard. By the time they react, the product power of their products cannot be compared with ours."

After speaking, Liu Zhi shook his head slightly.

In his view, it is very difficult for Chinese companies to surpass foreign countries in the innovation sector. Only by doing appropriate micro-innovation (deep reference) can they tear a hole in the market.

"However, the products made by Hillhouse Technology are indeed good. The iterative nature of MP4 products represented by the MP3 is quite outstanding!" Yang Qing thought for a while and added.

Liu Zhi still shook his head, "They can get up, but they just make quick money. This idea is not just a slap on the forehead, just make a product! This requires rapid iteration on the basis of an idea, one generation after another. Only by being better than the previous generation can they win in the market. Otherwise, they can only win for a while, but not for the rest of their lives! What’s the point of making a slightly outstanding work and then failing in the later period?”

"Don't think about learning from Hillhouse Technology and increasing technological innovation. It sounds nice, but it's not that easy. Just follow the big foreign companies and iterate honestly. The big market of China is enough for us. After all, we are a Chinese brand, and if we play the national card, we will have a good time!"

"Okay, Mr. Liu! I listen to you!" Yang Qing saw that Liu Zhi had finished drinking his coffee and hurriedly went over to give him another cup and said hurriedly.

"Boys can be taught!" Liu Zhi nodded with satisfaction.

He fell in love with Yang Qing because of his obedience.

A company can only have one leader. Although he has retreated behind the scenes, if Yang Qing has too many ideas, he will definitely replace him without hesitation! "Foreign brands, let alone five years, even ten years, will not be easily surpassed by Chinese brands! We have spent so much effort now to rely on the acquired brand IBM to expand in the notebook and PC business. How can a cannon fodder like Hillhouse Technology rush forward if we have a firm foothold? It’s meaningless!”

"I wonder if Chinese companies will be able to catch up with big-name foreign companies in the next 50 years."

"General Electric, Ebay, Microsoft, Boeing, there are too many powerful technology companies! If we focus on developing advanced technology, the risk will be high and we will easily fail, and we will also be particularly vulnerable to sanctions from foreign companies. It’s not worth the gain!”

Liu Zhi felt that he talked more today, but he had to take advantage of today's opportunity to say a few more words.

After all, Yang Qing is young and has many fantasies that are not consistent with reality. He thinks there is something wrong with this!

Originally, he hoped to relocate Lianxiang's headquarters directly to the beautiful country and enjoy the R&D and product advantages brought by the overflow of talents in Silicon Valley. Meiliguo has a nondescript Meiliguo headquarters, which is called Lianxiang Shuangheadquarters together with Huaguo's headquarters.

"Mr. Liu is still far-sighted!" Yang Qing smiled and patted the horse.
"However, this company is quite interesting. It is such a small company, with an annual turnover of over [-] million, and it dares to set up its own R&D team. Don't they know that only foreign brands dare to play on such a large scale? How about you give it to them? Ask them to chat and say that we can acquire their Hillhouse Technology team. If they are willing to accept our acquisition, then we can do our best to keep their team and make this little guy named Gao Huaijun a good person. In business, you have to make money. If you work hard to make wedding dresses for others, why not just buy them for us, but this time if we help you in times of need, we have to talk about the acquisition carefully. "

Yang Qing couldn't help being surprised!
Liu Zhi is a man with high ambitions, so even the brands he wants to acquire are big names like IBM.

Now that we want to acquire a small brand like Hillhouse Technology, we really need to take a high look at them!

The big deal of Snake Tunxiang in the previous acquisition of IBM is still a classic case of commercial mergers and acquisitions in Huaguo, and it has entered the MBA courses of every business school.

It is really unexpected that such a big boss has taken a fancy to Hillhouse Technology, a scumbag company, and wants to acquire it!
"I heard that they accepted Series A investment from a small company called Jiahe Investment. 10% of the equity costs 7000 million. If they want to acquire it all, it will cost more than 7 million, right?" Yang Qing asked tentatively.

At the same time, he was also quite jealous.

He had investigated Gao Huaijun.

This person was just an ordinary college student two years ago.

With good luck, a few small inventions made a small business prosper.

There are no heroes, so Shuzi became famous!
"There is a temporary price! Now that we have made a good start in MP4, their price can be easily beaten. Just give them more than 2 million, and that will be it! There is no need to charge too high a price! And this The price of more than 2 million must be paid by the founder Gao Huaijun, and cannot be separated from the team!" Liu Zhi thought for a while and said casually.

"It doesn't mean much if we take Hillhouse, does it, Mr. Liu? This company has it, and so do we." Yang Qing was stunned for a while. The matter of giving more than 2 million to an unknown boy made him have to Digest it.

"Pattern! You want to talk about pattern! Don't always get involved in trivial matters." Liu Zhi glanced at him coldly and said calmly.

(End of this chapter)

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