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

Chapter 657 The polarity reversal
On July 7, Xiaomi Group officially released the "Announcement on Optimization of Shareholder Structure".

"An affiliated entity of Yunfeng Fund has reached an agreement with Bi'an Fund to transfer all of its shares in the Company to Bi'an Fund.

The equity transfer is based on friendly negotiations between the two parties and aims to further optimize the shareholder structure and promote long-term strategic synergy.
Xiaomi understands and respects Yunfeng Fund's move.
We would like to express our gratitude to the Bi'an Fund for its capital increase and investment.
Xiaomi adheres to the philosophy of creating value together with shareholders and will continue to create innovative experiences for the industry and bring long-term sustainable returns to shareholders.

Almost at the same time, Yunfeng Capital also issued a statement that it would no longer hold shares in Xiaomi Group.

“Since investing in Xiaomi Group, Yunfeng Fund has always adhered to the concept of long-term value investment.
However, in view of the drastic changes in the current market environment and the need to adjust our investment portfolio, after careful evaluation, we have completed the exit of our shares in Xiaomi Group through market-oriented means and no longer hold any of its shares.

As for Xiaomi's future, can it better adapt to market challenges and respond to investors' expectations?

We are looking forward to it.”

After Yunfeng Fund issued the announcement of its withdrawal, the media reported sharp remarks from Yunfeng Fund executives one after another, each word was heartbreaking:

"We are deeply disappointed with Xiaomi's high-end strategy." An unnamed Yunfeng executive told Caixin reporters, "Look at their ostrich-like performance after listing. They are simply squandering investors' patience."

Third-party data reports are frequently cited: Canalys data shows that Xiaomi's growth rate in the second quarter began to show signs of decline year-on-year, and the gap with HW and OV is narrowing at a visible speed.

Public opinion continued to ferment, and there were even calls for Xiaomi to use its own funds to repurchase shares.

A financial influencer launched a poll on a media platform: "Do you think Xiaomi should launch a stock buyback plan?"

Among the 3 netizens who participated in the vote, 82% chose "must act immediately."

The real dramatic scene occurred on the evening of July 7.

Well-known influencer Hu Xijin announced on his Weibo account: "Old Hu just did a 'big thing' this afternoon: I opened a stock account for myself, officially entered the stock market, and became 'Stockholder Old Hu'.

I don't have any insider information channels. My information sources are the same as everyone else's: news and stock market information.

I will study while trading stocks and try to pay as little tuition as possible.

I will share my stock trading experience with you and accept your criticism and guidance.'

For the first order, I took out part of my savings of 30 yuan to short Xiaomi, because through my observation, I felt that a company like Xiaomi was just a castle in the air.

It’s a pity that Bi’an is not listed, otherwise I would definitely short it heavily!

Everyone can witness the journey of stock investor Lao Hu to become a stock god together!"

This Weibo post instantly blew up the Internet, with over 20 likes.

The most popular post, "The Light of Righteousness!", received over 3 likes, and countless netizens left comments:

"Teacher Hu, please guide me!"

"Finally someone told the truth!"

“Just wait for Xiaomi to collapse!” However, the turning point of fate came faster than anyone expected.

Just one day after Lao Hu announced his short selling of Xiaomi.

At 7 a.m. on July 9, Samsung Electronics and Xiaomi Group simultaneously released the "Joint Statement on Upgrading Strategic Cooperation", which was like a thunderclap that shook the entire technology circle:
"The two parties have signed a long-term strategic cooperation agreement. Samsung Electronics will exclusively supply the latest generation of AMOLED diamond-arranged screens for Xiaomi's high-end flagship models and open up some core patented technologies for sharing.
The two parties also announced the establishment of a "Joint Display Laboratory" to jointly promote the research and development and application of next-generation screen technology.

Samsung Electronics Vice Chairman Lee Jae-yong used the word "very" twice in a row in his video statement.
“Xiaomi is one of the most innovative technology companies in the world, and we value our long-term partnership with Xiaomi very much. Samsung Electronics will continue to invest in research and development to provide Xiaomi users with the best display experience.”

Lei Jun's response was even more meaningful: "Xiaomi has always insisted on cooperating with the world's top supply chain partners. Samsung Electronics' leading position in screen technology is unquestionable. This upgraded cooperation marks a new stage in technological innovation and industrial win-win for both parties."

From the original high-profile announcement of the supply cut, everyone knew that Samsung was targeting Xiaomi. In just over a week, it became an exclusive supply, core patent technology sharing, and a long-term strategic cooperation framework.
Not only did the supply not stop, but it was upgraded? What a joke! ! !
Samsung's 180-degree U-turn has driven the global technology media into a frenzy.

Everyone in China and even the world who was paying attention to this matter was dumbfounded.
They can accept that Wu Dalang gave Pan Jinlian medicine in order to be with Ximen Daguanren, but they cannot accept Samsung's statement.
It's like after getting the certificate, getting married, and doing the work, the couple should be living a good life afterwards, but suddenly the woman makes a request that even though she doesn't make money, she has to take care of the family finances.

The man disagreed, so the woman filed a lawsuit against him for rape and had him jailed without any reason to reflect on his actions.

When the final verdict is made and everyone accepts the outcome, the woman suddenly says that she was wrong before and tries every possible means to get back together?

Are you guys playing house by using public resources?

This is the most real feeling of all media after reading the joint statement of Samsung and Xiaomi.

For many of China's friendly competitors, this is like countless horses galloping through their minds.

The most dramatic thing is that just a few days before Samsung released this statement, many manufacturers including HW, OPPO, VIVO, Meizu, etc. had just signed new supply agreements with Samsung.

As a result, we had just signed a new "unequal treaty" with you, and then you paid tribute to Xiaomi behind everyone's back.

Especially when Yu Dazui heard it, his mouth opened even wider, and then his face was filled with grief and anger.
Oh, Samsung was so proud and arrogant like a goddess in front of me, as if it was sacred and inviolable, but now Xiaomi is kicking it like that?
It was you who said you stopped paying the mortgage before, and now it’s still you who is asking for reconciliation. How old are you!

Are you playing? What do you think I am? A spare tire?
They change their orders every day. Do they still have the awareness and dignity to be an internationally renowned giant company?

But the media didn't care about that and reported the story like crazy.

"A historic turning point! Samsung 'bows' and reunites with Xiaomi, with the diamond arrangement patent becoming the key bargaining chip."

"Xiaomi is suspected of mastering core technology. Samsung recognizes Xiaomi's market position and dares not cut off supply at will."

"Xiaomi plus rifle, scumbag star asks for reconciliation"

Even this statement made headlines in the global technology industry.

Bloomberg's comment was the most incisive: "Samsung used a statement to tell the world: In the face of commercial interests, dignity is a joke."

The direction of public opinion changed in an instant, and Xiaomi's stock price soared.
(End of this chapter)