King of Capital

The fight took place in the evening. Huang Zhang decided to sell off his shares in Alibaba at 7pm. The latter replied in agreement one hour later and decided to send group partner Wu Minzhi to deal with the matter.

Xie Jingxing ran to the airport at 8:30 with his pants up, and arrived in Zhuhai in the early morning accompanied by a typhoon and heavy rain.

The three parties all reacted sharply, so that morning Huang Zhang resolutely gave up trying to survive and let public opinion explode. Wu Minzhi immediately postponed her original itinerary, and in the afternoon, Alibaba's media resources began to respond frantically, and unilaterally spoke out publicly without any negotiation.

If you hit someone, you must bear legal responsibility. If I don’t get to the bottom of it, I’m not worthy of being Alibaba’s CEO! — Zhang Yong left a message on the company’s intranet that instantly spread across the internet.

The public opinion suppressed by Xie's faction was shaken, and the entry about Huang Zhang beating women once again became a hot search on Weibo.

Compared with Alibaba's brand image, a small business worth more than a billion is insignificant. Since the relationship has been completely exposed to the public, someone has to bear all the criticism.

As a shareholder, they were too aggressive in sending HRBP to the invested company. The HRBP behaved badly and occupied the meeting room. They also took revenge and destroyed the cooperation relationship with important suppliers. They then fought with Meizu employees and threatened to use public opinion to discredit Meizu...

Last month, Lei Jun held a special press conference to apologize to suppliers and users. Alibaba has no interest in bearing such a bad reputation. We are not responsible and everything is Huang Zhang's problem. It's that simple!
The general public is venting their anger aimlessly, deleting posts, pushing trending searches, and exposing each other's negative material under the surface. The Xie faction and the Alibaba faction are going back and forth, and Huawei and other peers are taking advantage of every opportunity to add fuel to the fire, and the public opinion carnival is noisy and endless.

The next day, Alibaba announced that it had formed an emergency working group overnight to go to Zhuhai, led by Dai Shan and coordinated by Wu Minzhi.

With the group’s employee number No. 11, one of the female founders, and chief human resources officer, all the identity titles and identities are arranged in an orderly manner. The so-called amicable parting does not exist at all!
The two female executives of Alibaba acted separately. Dai Shan went to the hospital to meet Huang Zhang to negotiate the withdrawal plan, while Wu Minzhi went to the Meizu headquarters to investigate the details of the incident, and was only received by Chen Xinhong, manager of the supply chain operations department.

On the other side, Bai Yongxiang was busy receiving the company's Series B investors including Tianyin Holdings, while Li Nan was closely focusing on crisis public relations and handling public opinion.

Xie Jingxing is personally responsible for the release of the new phone. His invitation to Sony to attend the press conference next month is pure bragging, and postponing the release of the new phone is a foregone conclusion.

Due to the chain reaction, there are many problems. What should we do with the advance payment that has already been paid to the third-party advertising partners? It is difficult to refund the money because their marketing plans have been formulated.

If Meizu fails to produce its products by the deadline, not to mention pre-order advertisements all over the streets, the reverse false propaganda scene will surely be very humorous.

If the advance payment can be converted into crisis public relations and cleansing expenses, it can be transferred directly. If it cannot be converted, you will have bad luck and try to negotiate a postponement to reduce losses.

Whether the production line of the new model should be stopped and whether the supplier's orders should be executed as usual, there are currently more than 300,000 complete machines piled up in the factory warehouse, and the number is increasing every minute.

The online sales platform is easy to solve. By introducing strategic investment from Tianyin Holdings, we have just built a prototype offline dealer channel. If the distribution contract is signed and the goods are not seen when it expires, it will be a breach of contract.

The production line will not stop, and the full load output of the three-shift operation will be held down first, slowing down the assembly progress of the whole machine in the foundry. The supplier will also delay the delivery schedule according to the order batch, and the same goes for the breach of contract and the compensation for breach of contract.

"Mr. Xie, vivo is expected to release the new X7 at the end of this month. Other manufacturers such as Samsung and OPPO will also release new models of the year that will compete with our MX6 in the next two months."

Chen Xinhong's expression was tense and his lips were pursed. "If we can't determine the release date of MX6, the hundreds of thousands of machines piled up in the factory will probably be reduced in price to clear the inventory when they are released."

"The losses are incalculable and the risks are too great!"

He insisted on his opposition without any euphemism: "Looking at the supply side, we give suppliers a payment period of 60+30, and the payment is settled in cash within 90 days."

"This is your request. You must know that we are offering you favorable terms that are 50% higher than the industry average. Now the integrated supply chain system is starting to take effect."

Chen Xinhong rose from a supervisor position to department manager, reporting directly to President Bai Yongxiang, and has been fully involved in the growth of Meizu's supply chain system for two years.

When Xie Jingxing said that we need to settle accounts in cash within 90 days, he had so many arguments with the finance department because of this that he couldn't count them on his hands.

If JD.com doesn't pay the suppliers within six months, the company will have no money to pay the suppliers. The marketing department stiffened their necks and endured the scolding, while taking out the inquiry letter from Taobao stating that the return rate was high, and questioning why the suppliers should be paid.

The finance department came back and scolded Chen Xinhong.

The company has been working hard for two years to integrate the supply chain system into a good prototype. If the stockpiling of MX6 causes the company's cash flow to explode, how many years will it take to make up for it in the future?
Goodwill is real and can be seen but not touched. Chen Xinhong would rather make appointments with suppliers one by one in advance to suspend operations and wait for production, rather than gamble on the probability of successful sales in the stockpiling market in order to temporarily reduce losses and stabilize suppliers.

"What day is it today?" Xie Jingxing suddenly changed the subject of the argument.

Chen Xinhong stared at the date every day and replied without hesitation: "The 10th."

"How many days have I been back to the company?" Xie Jingxing continued to ask.

Chen Xinhong thought for a moment and said, "Five days."

"According to the current production progress, how many months can the company's funds last?"

"Without considering other expenses, it should be able to barely last until early October. I have to confirm with the finance department."

"In other words, taking into account the expenses of repurchasing Alibaba shares, if the company cannot release new models and obtain revolving loans from the bank before the end of August, its cash flow will be difficult," Xie Jingxing concluded.

Chen Xinhong remained silent. Since the incident on No. 5, every day has been like a tribulation. Even though he couldn't access what was happening at the equity level due to his position, he could still hear the lightning and thunder above his head.

The company treated Alibaba unusually coldly. The new DAELE team cooperated with Li Nan to take over the crisis public relations and issued a routine statement promising that it would cooperate with relevant law enforcement agencies in a serious investigation.

In addition, the chairman, who was lying on the hospital bed, had to deal with the share withdrawal negotiations alone, which exuded a subtle and awkward feeling.

"Perhaps through this stress test, we will be able to shorten the supplier payment period to 60 days for cash settlement in the future."

Xie Jing Xing said as he flipped open the folder: "Most people in this world will never have the chance to encounter this kind of predicament in their lifetime, so as a brave person, enjoy the world first."

"Lei Jun and Xiaomi think they are capable, so we are not bad either, right?" He picked up the pen and bowed his head to sign.

This sounded like workplace PUA, and Chen Xinhong was powerless to insist on anything.

Xie Jingxing showed up at the company on the evening of the 5th. Up to this moment, he ignored the share repurchase and public relations crisis and devoted all his energy to the actual business.

Yesterday, I couldn’t pronounce the name of the supplier’s product correctly, but today I can talk about it fluently and explain it to dealers as a selling point of the new model.

Facing such a general manager, Chen Xinhong racked his brains and couldn't figure out how to express his emotions. After all, he set an example by brainwashing himself first and then his employees, which theoretically shouldn't be considered PUA...

"Has Yang Yan returned to the company?"

After signing several documents, Xie Jingxing raised his head again. He had a chat with Yang Yan yesterday. As Bai Yongxiang said, he promised to stabilize the R&D department and keep it running as usual in the short term, and they would talk about the next step when they had time.

Chen Xi responded, "Alibaba Cloud's technical team has withdrawn. He said that the system will be updated at the end of the month based on the research and development progress. For the batch of mobile phones equipped with Alibaba Cloud OS released last year, the subsequent system operations need to be coordinated with Alibaba Cloud."

"Don't be in a hurry. He also wants to save face." Xie Jingxing simply picked out the key points.

Regardless of the speed of the development progress, Yang Yang had just been criticized by netizens for revising the system immediately after his boss named him, which made him even more ridiculed by users, and he was still holding a grudge. Chen Xi continued to report: "Boss Tang has arrived in Guangzhou."

"How's the situation over at Huang Zhang?" Xie Jingxing asked in a jumpy manner.

Chen Xi couldn't help but lower his voice: "It's progressing very quickly. I heard that a leader broke a cup and was very dissatisfied with Ali for making a big deal out of a small matter."

"Until the end of August?"

Xie Jingxing muttered to himself without comment, and then thought of his brother-in-law who was sent by him to stand guard in the rain: "Is Yu Xingyao's cold healed?"

"Well, Director Yu has been accompanying President Bai in maintaining stability for the shareholders these days. He insisted on not taking cold medicine for fear of side effects and losing energy. He occasionally took time out at night to go to the hospital for an IV drip." Chen Xi answered truthfully but described it in a bit more detail.

Xie Jing Xing laughed: "It's better to hold on. Everyone is holding on. What are my plans for the afternoon?"

"I heard that you are in the company, and the president of the bank wants to come over in person to discuss the credit line. You have to receive him."

Assistant Chen's power is so great that he is like a behind-the-scenes official. He treats the boss like a brick and moves him wherever he is needed.

Xie Jingxing was very used to it. From the time Didi started and competed with Kuaidi until now, Chen Xinhong had seen these big scenes once in his life countless times and was already very adept at it.

It is much easier for him now than before. He only needs to concentrate on handling business issues, and other matters can be shared among the civil and military officials in the court.

The new governor-general Zhang Tao dispatched elite troops to take over Meizu's crisis public relations. His in-law cousin pretended to be a military supervisor and watched Bai Yongxiang like a hanged ghost to recruit small shareholders. The Minister of War Tang Man went to Guangzhou in person to secretly raise armaments.

In addition, Su He, the chief steward of the Ministry of Internal Affairs, is on the move and can come in at any time to take over the personnel and financial rights of Meizu. Liang Jun, the governor of LeTV, works closely with his two concubines to capture the influence of Alibaba's public opinion.

Talented people are just like this.

As long as the opportunity for war emerges, the commander-in-chief of the world's military will be able to lead hundreds of millions of troops to expand the territory and be invincible.

…………

Five days later, on June 15th, the sky was filled with war clouds.

The US aircraft carrier floated around the periphery of the South China Sea with ill intentions, arousing the anger of hundreds of millions of Chinese people. The public criticism of the battle in the Meizu conference room cooled down, and Huang Zhang was discharged from the hospital and returned to the company headquarters in a low-key manner.

His chairman's office covers an area of ​​more than 400 square meters, which is more than enough to accommodate Ali Daishan and her entourage, although the latter does not understand why it is necessary to put on such a show when the time comes.

"Tell the factory to pay attention to the tolerance. The tolerance data we provide is the bottom line. If they receive the lowest supplier rating for two consecutive years, we will replace them." Xie Jingxing gave the order as he walked through the corridor at a steady pace.

A middle-aged man in a short-sleeved white shirt was waiting at the office door and took the initiative to come forward and hold out his hands: "Hello, Mr. Xie."

"Director Wang is the head of our State-owned Assets Supervision and Administration Commission." Chen Xi gave a brief introduction.

Xie Jingxing waved and took a thick folder and handed it to him: "Please take a look first."

"Okay, I'll do it as soon as possible."

Director Wang skipped the polite words and was taken by Chen Xi to the vacant meeting room across the corridor. Xie Jingxing pushed the door and walked into the chairman's office first.

Huang Zhang sat in front of the large desk and nodded slightly to him. Dai Shan and others were either sitting or standing. There were representatives of law enforcement departments, legal teams from both sides, the crisis public relations team, and even two representatives from the Alibaba Employees Union.

A group of people were gathered in twos and threes, talking in low voices. Xie Jingxing ignored the many greetings with an expressionless face, and moved a chair closer to the desk to sit sideways facing the front.

"It's almost time. Let's get started when we're ready."

After a short wait, Li Nan and Wu Minzhi confirmed a few words with each other, clapped their hands, signaling everyone to sit down quietly and start the meeting.

Huang Zhang's hands were not yet fully recovered. He carefully held the cigarette box with the base of his palms, shook out a cigarette and put it into his mouth. Then he frowned and picked up the lighter.

"Thorn."

Xie Jingxing held out his lighter with a flickering blue flame. Huang Zhang lit up the cigarette with a faint smile of gratitude. He raised his eyebrows and smiled helplessly, imitating him and lighting a cigarette, puffing out smoke.

There is no good thing about a bad company that condones its employees beating women. It is no wonder that the people regard it as a scum who insults women.

Dai Shan watched silently and coldly, and Wu Minzhi felt the same way.

When raising funds, this president and that CEO kept bowing and scraping to the VP of the group's strategic investment department. Now that she is leading a team into Meizu for an investigation, she is accompanied by only a department manager and is doing a perfunctory job.

Being respectful at first but arrogant later makes people laugh!
However, Huang Zhang did not hit the female HRBP employee in their company. After repeated investigations by law enforcement agencies, it was confirmed that he could be accused of hitting a woman in public opinion, but it could only be classified as a "physical conflict" at the legal level.

We were separated by a wall of people, and you kicked me and I stretched out my arm to scratch you. If it happened in Hangzhou or even anywhere else in the province, it could still be considered as provoking trouble, but in Zhuhai it does not constitute "assault" in any way.

In Hangzhou, it seems that there is no solution...

Dai Shan accidentally met Xie Jingxing's gaze, then quietly turned her head away and put away her wandering thoughts.

This young man who was shot may not live for more than a few days. His two wives are both mentally ill, and there is not a single normal person in the family's household registration.

There's no need to provoke him, just do your job.

"Since both parties have no objection to the dispute, our part of the work is now officially completed. Please sign."

The leader of the law enforcement department personally handed out the case investigation report: "As for how you will release the information to the public, although it is not our responsibility, for the sake of your public influence, we still hope that you can be consistent with us and not get entangled in it."

"Please rest assured that Alibaba has always attached great importance to shouldering social responsibilities. We will definitely cooperate with your work and will of course always persevere in striving for public welfare." Dai Shan gave a professional fake smile.

The backward local protectionism raised a yellow stamp. Not only did they not have to go to jail, they didn't even get a letter of apology. At most, they were asked for some civil compensation.

Although this was enough to make him socially dead again and completely disappear from the public eye, it was difficult for him to get rid of the anger.

"Grapefruit Capital repurchased 280% of Alibaba's shares at a valuation of 5 billion. Mr. Xie, do you have any questions?" Dai Shan then mentioned the transaction. (End of this chapter)