Reborn since 1993

Chapter 889: Store up food, build high walls, and slowly become king

On paper alone, it seems to be true. Since its establishment, Xiaolingtong can be said to be Dongling Hi-Tech's most profitable project, making Dongling Hi-Tech a technology giant and one of the world's three largest mobile phone shippers!

After selling Xiaolingtong, Dongling Hi-Tech still has many best-selling products, including Shenzhou computers, electronic dictionaries, repeaters, USB flash drives, etc. However, in terms of revenue, without the billions of dollars in annual revenue from Xiaolingtong, Dongling Hi-Tech's strength has indeed been greatly reduced.

This also led many media and investment institutions to lower the valuation of Dongling Hi-Tech.

Dongling Hi-Tech has announced that it is going all in on the automobile project, but no one knows when the automobile project will be completed.

So some media claimed that Dongling Hi-Tech was currently in a "trough" and that Mr. Li had entered a period of confusion in his life, which seemed to make sense...

It’s just that Li’s period of lows and confusion seems to be different from those of other people.

Others' low points, such as Giants' boss Shi, Evergrande's boss Xu, Nan De's boss Mouzi, etc., who fell into bankruptcy crisis, or Wanda's boss Wang, Suning's boss Zhang, etc., who were heavily in debt and were chased for debt everywhere.

During Li's period of lows and confusion, he had billions of dollars in foreign exchange cash flow on paper and nearly 10 billion yuan in cash in domestic accounts.

Dongling Hi-Tech is known as the technology company with the largest cash flow in China and even in Asia. Even old companies such as Gangcheng Changjiang may not be able to surpass Dongling Hi-Tech in cash flow!

This means that Mr. Li, who appears in media reports, has billions of dollars in cash flow, a large amount of shares in Nippon Telephone and Telegraph Company, the largest domestic computer brand Shenzhou, Feiyan Technology, which is listed on NASDAQ and has a market value of over 6 billion US dollars, and Dongling Hi-Tech, which is still making a fortune. So the question is, what else does Mr. Li have?
"There are three most important new projects in the technical department right now!"

Chen Tao reported to Li Dongling that the technical department had actually always had research and development projects, including annual upgrades to the Shenzhou digital cordless phones and the launch of new models.

There are also the latest models of Silver Sable mouse, Shenzhou electronic dictionary, repeater, etc., so there is never a shortage of projects.

However, these projects are already quite mature and do not require too many changes. The R&D team only needs to upgrade the functions and improve the appearance step by step. There is no need for Chen Tao to keep an eye on them all the time.

As the head of Dongling’s high-tech department, Chen Tao’s most important task is the research and development of new projects!

"The research and development of the second generation of Shenzhou computers, Shenzhou all-in-one computers, and the first generation of Shenzhou GSM mobile phones!"

Chen Tao said to Li Dongling, "At present, the technical department has invested most of the manpower, funds, and resources in these three projects!

In addition, we have coordinated joint research and development with companies such as Dongxin Semiconductor, Dongfang Optoelectronics, Shenzhou Storage, BOE, BYD, and Hanxi New Materials! "

“The second generation of Shenzhou computers and all-in-one computers are expected to be trial-produced and released next year!
As for the Shenzhou mobile phone, it may take some time, because according to your request, Mr. Li, the technical requirements of the Shenzhou mobile phone are too high. It will probably take a lot of time to master these technologies!"

Chen Tao hesitated for a moment and said that the mobile phone that Li Dongling asked Chen Tao to develop would definitely not be like the Xiaolingtong, with a gray screen, inability to access the Internet, and no ringtones.

If the functions of Xiaolingtong are average, then Dongling Hi-Tech has no need to sell Xiaolingtong. It can just keep it and continue selling it.

In fact, according to Li Dongling's requirements for the Shenzhou mobile phone, Chen Tao felt that it was completely different from the Xiaolingtong and was two completely different products.

The main function of the latter is to make phone calls. Users buy it to make phone calls and cannot use it for other purposes.

But the Shenzhou mobile phone under development is different. According to Li Dongling’s requirements, for this Shenzhou mobile phone, making phone calls is only the most basic function!

In addition, it should be able to be used to surf the Internet, receive, edit and send emails, allow users to set their own ringtones, and play built-in games.

The entire Shenzhou mobile phone will be completely different from the mainstream mobile phones on the market now. Users will no longer use it just for making calls...

Chen Tao is not sure whether users need so many functions for a mobile phone and whether they can accept so many functions. Now major mobile phone manufacturers around the world have completely different positioning of mobile phones. Most users have never thought that mobile phones can do other things.

As for the future, the birth of the largest ethnic group in the world, the "phone-blind people", was probably something no one could have imagined.

But now the functions of the Shenzhou mobile phone are Li Dongling's requirement, and Chen Tao has to grit his teeth and develop all these functions.

But because of this, the funds were spent like water. Now the cost of these three projects of the technical department is much higher than that of previous projects.

Li Dongling looked at the document handed over by Chen Tao, read it once, and then signed his name on the funding review.

"For these three new projects, we don't need to worry about funding, but the technology and functions of the new products must meet the requirements!"

Li Dongling looked at Chen Tao and said that he would give Chen Tao everything he wanted, whether it was R&D expenses or R&D personnel, but he also had to fulfill Li Dongling's requirements for the three new products.

"I see!"

Chen Tao gritted his teeth and said, he knew Li Dongling's style, since he had promised to give it to him and the technical department, he would give it all without any discount. But at the same time, he had to give Li Dongling what he wanted!

"How are the preparations for the MP3 project and the music website going?"

Li Dongling turned around and asked Fu Cheng, one of the two leaders of Feiyan Technology, who was in charge of the hardware business.

Although it has sold the Xiaolingtong, next year, Dongling Hi-Tech, including its subsidiary Feiyan Technology, will also launch at least Feiyan MP3, Shenzhou all-in-one computer, second-generation Shenzhou computer and other products!
Dongling Hi-Tech wants to make a comeback with these new products and tell its domestic competitors and overseas rivals who are ready to replace Dongling Hi-Tech.

Even if Dongling Hi-Tech gives up one hand, it can still hang them up and beat them. Without Xiaolingtong, Dongling Hi-Tech has other new products. Feiyan Technology is positioned as a high-end MP3 player, and there is also the Shenzhou all-in-one machine. As long as the brand is established, it will be more profitable than Xiaolingtong...

But by then, I wonder how the media will evaluate Mr. Li!
"Feiyan Technology is working with the Innovation Laboratory to develop MP3 hardware equipment!"

Fu Cheng glanced at Zhang Bing, the head of Dongling Hi-Tech Innovation Laboratory, and said.

"Another music website, American Himalaya Radio Company, is under development and is expected to have a music section online by the end of the year!"

Tang Jun is currently in charge of Himalaya Internet Radio, and is also in charge of developing the music function.

"After the Himalaya Radio Music section is launched, Himalaya Radio will cooperate with the Zhixing Foundation and other organizations to build momentum!"

In the future, the Himalaya music platform will implement the strategy of driving the tiger to swallow the wolf. In order to obtain the record copyrights from record giants such as Warner Records and Columbia Records, it will need to create the Silicon Valley Internet outlet for music websites.

A large number of pirated and copycat Internet music platforms have emerged, destroying the jobs of several major record companies and forcing them to resort to illegal means. Only when they are at their wits' end will they obediently cooperate with Himalaya Radio, which supports genuine digital music!

"We need to hurry up with the MP3 and music website issues!"

“After the beginning of next year, MP3 will be the first product launched by Dongling Hi-Tech. I don’t want this product to disappoint Dongling Hi-Tech!

At the same time, this product will also be a new product of Dongling Hi-Tech, a new product to re-occupy Southeast Asia and promote to overseas markets! "

Li Dongling told Fu Cheng about his expectations for the MP3 product. Dongling Hi-Tech hopes to conquer overseas markets with the help of this product and let it bring back a lot of foreign exchange for Dongling Hi-Tech!
In the past, MP3 was popular all over the world, and Apple made huge profits with its high-end MP3. With the help of MP3, Dongling Hi-Tech has the opportunity to sell the machine all over the world, making it another trump card in the hands of Dongling Hi-Tech that is popular all over the world!

Fu Cheng nodded heavily. He felt the pressure, but he also knew that this was also an opportunity for him and Feiyan Technology.

After Fu Cheng took over Feiyan Technology, the outside world always compared him with Yao Luoying, the first head of Feiyan Technology.

After all, Yao Luoying's performance as the head of Feiyan Technology was truly outstanding, having launched a mini radio with annual sales of nearly 10 million.

In just nineteen months, Feiyan Technology completed its listing on NASDAQ as Asia's first Internet technology company.

Compared with Yao Luoying's achievements, Fu Cheng seems a bit "ordinary". This is not wrong in itself, but the comparison has caused Fu Cheng to suffer a lot of pressure in public opinion.

If the MP3 project can be successful, or even surpass the performance of the mini radio, then Fu Cheng's pressure will be gone.

Similarly, Feiyan Technology's stock price and market value may also surge. By then, who would dare to say that Fu Cheng is useless?

After Fu Cheng, it was Wei Taining's turn to report on the status of Dongling Hi-Tech's automobile department. Compared with other departments, Wei Taining's side was somewhat inconspicuous.

"At present, the automotive department is setting up a design and R&D team, building a laboratory, and purchasing experimental equipment.

It is expected that preliminary research and development can begin next month, but it will be a long time before the first car is launched..."

Wei Taining was a little embarrassed. He had no idea when Dongling Hi-Tech's automotive department would be able to launch the first car it developed.

"However, the AutoNavi Maps department under the automotive department has been established and is currently forming a team to develop maps. As long as we obtain the national surveying and mapping qualification, we can officially start collecting data and producing electronic maps!"

"The Chitu electric bicycle company has also started work and is developing the first electric bicycle!"

When Li Dongling heard Wei Taining's words, he did not rush him, but comforted him, "Don't rush, Dongling Hi-Tech Automobile Department!"

"Storing up food, building high walls, and slowly becoming king is the path the automotive sector should take!"

(End of this chapter)