Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 647 Xiaomi Goes Public
Recalling the surprise when I first met Chen Mo, his decision to delegate power to three departments, and his unreserved trust later on
Every key node in the early days of Xiaomi's entrepreneurship, including the birth of MIOS, the sensation of the first press conference, the product positioning strategy, and the inspirational design of the new product prototype, has achieved extremely outstanding results. Facts have proved that this young man's cognition and vision are extremely outstanding and advanced.

Looking back at the current members of Xiaomi’s senior management team, no one can match him.

If Chen Mo was still in Xiaomi, Xiaomi's size in the global mobile phone market might have already been second to first place today. Who would have thought that it was because of his departure that the Beyond Empire, which is even larger than Xiaomi, was created today.

All I can say is that fate plays tricks on people.
Thinking about the original time and space trajectory, Chen Mo calculated and sighed that Lei Jun's vision was also very experienced. "There are many good horses, but few good horse trainers. If it weren't for your appreciation at the beginning, the development of the other side would not have been so fast."

Chen Mo still remembers his first meeting with Lei Jun, the 10 yuan he received after the interview without writing an IOU, and the privilege of being "second only to the CEO" in Xiaomi. Later, he learned that some of the criticisms against him were suppressed by Lei Jun.
"But isn't it a little early to reminisce about the past now?" Chen Mo took a sip of champagne, his lips slightly raised, "Are you nervous?"

"It would be a lie to say I'm not nervous. Although we've had Kingsoft's IPO experience before, this time is different."

“Are you worried about the responsibilities and uncertainties after going public?”

"The one who understands me is Xiao Mo."

At this moment, Lei Jun was no longer as calm and composed as he was in public during the day, and he rarely revealed his true feelings. "In fact, the initial inquiry price range was between HK$17 and HK$29. Finally, based on your previous suggestions, we made concessions in short-term valuation in exchange for a successful listing, and then realized the value through performance growth, so as to retreat and advance and give up the fantasy of high valuation.

We have decided on 19 yuan so that liquidity can be ensured even if the price falls below the issue price.”

Chen Mo nodded, "Actually, this is just like getting married. No matter how sweet the relationship is, you won't know whether your life is good or bad until you have to deal with the daily necessities of life after marriage.

Time will tell. Anyway, we have done what we should do. The rest will be revealed by time. The path we want to take is not a short-term plan, but a long-term plan. "

Looking out the window at the brilliant stars and the lights just coming on, Chen Mo put one hand behind his back and said, "In this situation, I want to write a poem."

"Huh? When will you learn to compose poetry?" Lei Jun was surprised.

"Don't say there are no friends on the road ahead." Chen Mo only recited half of the sentence, and the second half was self-explanatory.

Lei Jun's hearty laughter spread in the night, and he patted Chen Mo on the shoulder, "Let's ring the bell tomorrow, you and I!"

"I can't do that. My contribution to Xiaomi in the second half is limited. What will other executives think if you do this?"

"They dare not." These words represent absolute control, and Lei Jun's domineering attitude is rarely revealed.

Although he declined the good intentions of his allies in Bi'anhao when the battle with Baidu was in full swing, he could still feel their secret support and help. Chen Mo could feel Lei Jun's kindness.

Chen Mo did not answer, but just raised his glass to gesture.

The two cups clinked together crisply.

Drink it all in one gulp.

Once upon a time, they were Bole and Qianlima, leaders and brave generals.

Now, they are comrades-in-arms, brothers who are loyal to each other, and the most dazzling twin stars in China's business world.

Outside the window, the lights of Hong Kong are still bright;
And their legend has just turned a new page.

Under the same starry sky, there were also two men talking.

It's just that one is sitting and the other is standing, but the huge difference in status between the two can be seen from the slightly bent posture of the standing person.

"Tomorrow, release the news to the media." Lee Jae-yong's voice was cold.

"President, the time for the official announcement."

"No hurry," he raised his hand to interrupt, "Let's spread the word first and see how the market reacts."

"clear."

As the door closed, silence returned to the office.

Lee Jae-yong sat in a large chair, listening to the sound of rain outside the window, and fell into deep thought.

His eyes fell on the latest market report, which showed that Samsung Electronics' performance in the Chinese smartphone market continued to be sluggish and declined significantly, with a market share of only 7.7%, a drop of 6 percentage points from last year.

The market ranking also dropped from second to fifth - the top four were Xiaomi 18.2%, Huawei 15.7%, Apple 12.4%, and OPPO 8.3%.
This is the first time that Samsung has fallen out of the top three since it became the number one in the Chinese smartphone market in 2011.
Given Lee Jae-yong's pride, this is unacceptable.

Samsung's OLED screen is the core supplier of Apple's Retina display. In this area, Cook has to act according to Cook's wishes. Samsung's mobile phone screen supply chain uses the best, and they supply other mobile phone manufacturers, even Apple, with inferior screens.

It is a bit expensive, but which of the other hardware configurations is not top-notch in the industry?
But Chinese consumers just flock to local brands. They are just a bunch of poor people who don’t know the value of things!
Since we can’t win in sales, we can only change the way we play.

Which of the four major mobile phone manufacturers in China does not rely on Samsung's screens? The profits lost in the market must be recovered from here!
Therefore, he decided to release a wave of screen supply cuts targeting China to test the reaction of the Chinese market.

As for why he took action now, it was because Xiaomi is currently ranked number one in the Chinese market, and because Lei Jun's younger brother has been flirting with his sister recently, and he couldn't make the matter public, otherwise the Chinese guy would take advantage of him.

He still feels resentful about Chen Mo’s arrogant attitude when he visited Samsung last time.

Tomorrow, I will see how Xiaomi’s stock price goes. A market value of 2000 billion US dollars?
Haha~ you really dare to think so!

从2010年4月10日，小米成立开始，时间就像一个漫长的马拉松选手，终于走到了2015年6月25日这天。

At 10 a.m., the Hong Kong Stock Exchange hall was crowded with people.

The trading hall, which could originally accommodate only dozens of people, was now crowded with nearly six hundred guests.

For this unprecedented event, the Hong Kong Stock Exchange connected four exhibition halls for the first time to create an open area.

However, even so, the scene was still packed with people, which put a great test on the carrying capacity of the venue - this was Xiaomi's highlight moment.

Everywhere you look in the exhibition hall, you can see orange backgrounds that match the Xiaomi theme.

Even the Mi Rabbit mascot appeared at the bell-ringing ceremony, inexplicably linking with the popular online cartoon "Na Rabbit".

Everyone present had smiles on their faces, feeling honored to have witnessed such a moment.

The co-founders of Xiaomi all came to the scene, each of them wearing an orange tie, and witnessed this memorable moment together with the staff and media present.

At the same time, representatives of Mi fans from Xiaomi's "100 Dream Sponsors" were also invited to the event.

They looked eagerly towards the central stage, where a 200-kilogram custom-made gong was placed, shining brightly under the lights. It was said that it was specially customized by the Hong Kong Stock Exchange for Xiaomi's listing.

Lei Jun stared at the gong with burning eyes.

Since the founding of Xiaomi on April 2010, 4, 10 days and nights of persistence and hard work have finally come to fruition at this moment.

Suddenly, he seemed to remember something and turned around to look for him, but he didn't see the familiar figure for a while.

"Boss Lei, it's time to ring the bell"

"Wait a minute, I'll be right there"

He scanned the crowd but couldn't find the person he most wanted to share this moment with.

It was not until this moment that Lei Jun suddenly realized that the young man who always appeared at the critical moment had chosen to quietly exit.

Feeling a little touched, Lei Jun turned to face the gong, raised a knowing smile, and clenched the hammer with both hands, swinging it vigorously.
"clang--"

The moment the bell rang throughout the Hong Kong Stock Exchange, fireworks flew all over the sky and the whole audience cheered.

Xiaomi Group is officially listed on the Hong Kong Stock Exchange!

In the boiling crowd, Chen Mo quietly appeared from behind Huang Jiangji who was covering him, and stood quietly at the end of the team.

He looked at Lei Jun, who was shining brightly on the stage, his eyes full of satisfaction. At this moment, he should be the only protagonist.

I will definitely contribute to the success, but success does not necessarily depend on me.

Under the spotlight, the group photo of Xiaomi’s founding team is forever frozen.

And at the edge of the picture, the tall figure is witnessing this legendary moment they created together with the most humble attitude.

At this moment, the headlines and reports of global technology and financial media all focus on the same figure.
Who in the world doesn’t know the military?
(End of this chapter)