Reborn since 1993

Chapter 1331 A dead Taoist friend is not dead but a poor Taoist

If you want to fleece people on someone else's turf, how can you not pay your respects? This has been the unwritten rule of the game throughout history, both domestically and internationally.

Despite the current momentum of Feiyan MP3 and Himalaya Music, which are making quite a stir in America.

But all of this is predicated on the fact that Feiyan Technology, the parent company of Feiyan MP3 and Himalaya Music, has already been listed on NASDAQ, giving up a significant amount of equity to local American investors such as Yahoo, Netscape, Citigroup, and Sequoia Capital.

After its IPO, Feiyan Technology received investment from Wall Street institutions and the American California Pension Fund.

The booming sales of Feiyan MP3 players and Himalaya Music's emergence as the largest legitimate online digital music platform have both driven Feiyan Technology's stock price to rise continuously.

The listing of Feiyan Technology's stock also brought huge profits to Wall Street institutions and local American investors who acquired shares in Feiyan Technology.

This is the fundamental reason why Feiyan Technology has been able to establish itself in America: many Americans have already joined forces with Feiyan Technology.

"Where you stand determines where you stand." Whether they like it or not, Wall Street institutions, venture capital firms, state pension funds, and small and medium-sized investors who have benefited from Feiyan Technology will spontaneously cheer for Feiyan Technology because it concerns their wallets!
Similarly, if Deweys wants to profit in America, it needs not only to promote itself but also to curry favor with influential figures.

Tell those Wall Street institutions that DeWeis understands the rules of the game and won't monopolize profits. As long as they can establish themselves in America, DeWeis is willing to give up some of its shares to Wall Street institutions.

Furthermore, once Devis applies for listing on the NYSE, we'll all take advantage of them!

Only when Wall Street institutions see the opportunities and potential in DeWeis will they support DeWeis.

Otherwise, no matter how much Diweis boasts, he will likely face obstacles everywhere in America and will be unable to establish a foothold there. Sooner or later, he will be driven off the Pacific Ocean, or even be completely devoured by the local bullies, leaving not a trace of him!
Hu Yujun was startled when he heard what Li Dashanren had to say. He had come to America and was only focused on promoting Diweis' products, but he hadn't thought about these intricacies.

However, if you think about it, in a place like America, there are many local strongmen. If you don't pay your respects to them, you'll probably face a lot of trouble.

“I understand, but DeWeis currently lacks sufficient influence in America and North America, and also has a shortage of available personnel…”

Hearing Hu Yujun's words of concern, Li Dongling said, "In America, you should first take charge of DeWeis' Super Bowl show. As for the rest, I will have Zhou Hualiang, the president of East Asia America, handle it for you!"

"Thank you very much, Mr. Li!"

Upon hearing this, Hu Yujun was overjoyed and said that Diweis in America did not have enough manpower, but Dongke America Company was a local power.

Whether it's Dongling Hi-Tech's various products entering America, the development of Zhixing Foundation, Himalaya FM, Himalaya Music, etc. in America, or Dongxin Semiconductor's acquisition of Meipus in America, Dongke America has contributed a great deal.

With the support of this local tyrant, DeWeis in America at least doesn't have to worry about being swallowed up by some local tyrant.

Over the years, East America has hired many powerful figures in America as consultants, and the large amount of public relations expenses they spend each year is not wasted.

This is also why Li Dongling established Dongke America Company: to introduce Dongke products to America and establish sales and promotion channels there.

On the other hand, it also represents Dongke's interests in America and enables them to handle problems and troubles.

These are the most basic tactics used by international companies. It's not just Dongling High-Tech that does this; similarly, the giant companies from America also do the same after coming to the mainland.

However, many international companies that come to the mainland are too arrogant and do not trust the mainland team and personnel. They have to rely on their overseas headquarters executives to remotely control everything, and even modifying a bug code requires approval from the headquarters.

By the time these international giants finished their remote micromanagement at their headquarters, it was too late.

Many international giants in the past failed in the domestic market, but there are also companies like Procter & Gamble, Unilever, LVMH, Siemens, Tesla, Apple, and Swire Group that have thrived in China and even become industry leaders. Their revenue in the domestic market has even surpassed their revenue in their overseas headquarters at one point.

Dongling Hi-Tech has been promoting localization in overseas markets, but this statement doesn't seem to resonate with many.

In other words, if you're going to exploit people locally, you have to make sure they're willingly exploited. You can't exploit them while simultaneously lecturing them, or even humiliating and looking down on them. People have tempers too, you know!
After hanging up the phone, Li Dongling was also curious, wondering how much of a stir DeWeis would cause in America after this Super Bowl show, and how much impact it would have on DeWeis's sales.

Then, Li Dashan lightly tapped his fingers on the table. Over the years, the seeds planted by Dongling High-Tech were beginning to take root and sprout. Since its establishment, Dongling High-Tech had been supporting companies within the Dongling Group, and now companies like Diweis were showing signs of having the opportunity to rise to prominence.

In the future, it is estimated that more and more companies affiliated with Dongke Group will gradually emerge and even make inroads into overseas markets.

After all, money is never wasted. Dongling Hi-Tech invests a lot of money in these Dongling-affiliated companies every year through the Zhixing Foundation, the Hanxi Joint Laboratory, and the Dongling Hi-Tech parts supply chain.

As long as this money isn't embezzled or squandered, there will always be some news about it.

Putting the matter of Diweis aside, Li Dongling dealt with the documents in his hands. With the current scale of Dongling High-Tech, plus the Dongke Group companies, there was a whole host of things waiting for the philanthropist Li to handle.

Li Dongling has never directly interfered in the operations of Dongling High-Tech and Dongke Group companies. Professional matters should be left to professionals; remote micromanagement is not advisable.

However, Dongling High-Tech's headquarters also houses a number of Dongke-affiliated companies. Li Dongling still needs to personally review the most important projects. If he ignores these, wouldn't he truly be blind to their problems?
Flipping through the documents in my hand, the next step for Dongling High-Tech headquarters is basically to implement the plan decided at last year's year-end meeting.

This year, Dongling High-Tech's headquarters is not developing any new products, but rather focusing on continuing existing products, including the Shenzhou Global Pass 2nd generation mobile phone, the Shenzhou PC 3rd generation computer, the Shenzhou A2 all-in-one machine, as well as the latest versions of digital cordless phones, electronic dictionaries, and repeaters.

These sequels will basically begin to be released one after another after the middle of the year, since Dongling Hi-Tech's electronic products mainly use self-produced core components.

To launch a new product, it's not enough to just have the headquarters do the research and development; it also requires supporting facilities like Dongxin Semiconductor, Dongfang Optoelectronics, and Shenzhou Storage to keep up. We also need to give them time.

Electronics business is currently the most important core business of Dongling Hi-Tech. Only by stabilizing this core business can Dongling Hi-Tech enter other industries.

In addition to its electronics business, Dongling Hi-Tech's newly established software division, which was just established last year, will also release two new products this year: Shenzhou IT Community and an instant messaging product for internal use within Dongling Hi-Tech!
Besides new products, the most important thing for Dongling Hi-Tech's headquarters this year is to cash out its internet equity holdings in various ways, making a victorious transfer.

When Yahoo founder Jerry Yang comes to Pingyang some time later, Li Dashanren will try his best to reach an agreement with him to sell the Yahoo shares held by Zhixing Foundation and Feiyan Technology.

As for whether Yang Zhiyuan could swallow such a large amount of Yahoo shares, Li Dashan didn't care too much.

It doesn't matter if he can't eat it. Just let the news that Dongling High-Tech is going to sell its Yahoo shares through Yang Zhiyuan. Then, institutions and giants that can take over will naturally emerge!

Besides its stake in Yahoo, Dongling Hi-Tech also has stakes in Feiyan Technology and is selling off ASK, GeoCities, and other websites. This year, Dongling Hi-Tech's main strategy in the internet industry has been to sell off assets at bargain prices.

"Better to sacrifice your friends than yourself." Whether those companies that acquired internet shares will survive or not, Li the Philanthropist doesn't know, but in any case, those internet shares cannot be left in Dongling High-Tech's hands.

Besides selling off equity, a number of internet and software companies in the Dongke Group have gone public this year, including China.com, 3721 (a subsidiary of Yahoo! China), Kingsoft, and Jiangmin Antivirus.

Among them, 3721 has been confirmed to be listed in Hong Kong, becoming the most prestigious internet company to be listed in Hong Kong this year!

This year, the internet industry will witness a magical spectacle: some people will cash out their profits and secure their gains, while many more internet companies will frantically rush into the stock market.

Besides these, there are also other things to do this year, such as the Chitu electric bicycles which are being prepared for sale, Gaode Maps which is preparing to release the first electronic map in China, and Torch Group's Ruyan electronic cigarettes which are seeking to go public this year. There are a lot of things to do this year as well, waiting for Li Dashan to deal with.

Thinking about these things, Li Dongling couldn't help but feel a headache coming on. He estimated that he would probably need to go to Hong Kong soon, not only to support 3721's listing, but also to deal with Cyberport's Silicon Harbor project and the entanglement with TVB's boss, Mr. Shao. All of these things required Li Dongling to personally go to Hong Kong.

Of course, Ning Wen also has Li Dashan's little darling Ning Keling in Hong Kong, whom Li Dongling naturally misses dearly and is determined to go and see her.

……

While Li Dashanren was in Pingyang, engrossed in handling affairs, the supermodels from DeWeis at the American Super Bowl officially began their antics in front of American and global media cameras!

While many American families gathered to eat turkey, DeWeis supermodels wearing winged DeWeis lingerie appeared on ABC, broadcasting the Super Bowl, revealing large expanses of white skin followed by long, shapely legs. This caused the Puritans, representing 43% of American television households and 8850 million viewers, to widen their eyes upon seeing the screen…

(End of this chapter)