My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 75: Four major sectors work together to rake in 500 million in September.
With the core team in place, the framework of Fengtian Holdings and Fengtian Capital has been established.
Chen Feng finally had some free time to start thinking about the "big semiconductor news" he had heard in his son's heartfelt words a few days ago.
However, the feedback he received from his subordinates after they investigated over the past few days left him somewhat amused and exasperated.
Most of the future giants that my son talked about, who would be powerful in their region, are now nowhere to be found.
Jingce Electronics, Dongfang Jingyuan... no such person can be found.
It's either still in its mother's womb or still incubating in a university laboratory.
"It seems that becoming an angel investor also depends on fate."
Chen Feng sat in the large boss's chair, his fingers lightly tapping the table. "Right now, the only one we can actually touch is SMIC."
Although SMIC has only been established for a little over a year, it has made a great splash.
The founder, Richard Chang, was a ruthless man. He founded World Semiconductor in Taiwan and made it the third largest in the industry, only to be swallowed up by TSMC through underhanded means.
The old man couldn't swallow this insult, so he led hundreds of engineers north to start a business and raised a billion US dollars in one go.
This is a true behemoth.
To invest in a company of this caliber, having money isn't enough; you also have to see if they'll even let you in.
Fortunately, Chen Feng now holds the super cash cow that is Legend Network, with more than 300 million yuan in liquid funds in his account, which is his source of confidence.
Whether it will work out or not is another matter; we have to try our luck.
If we can manage to create an opening and squeeze in as a minority shareholder, then this move will be considered a success.
Just as I was pondering this, there was a knock on the office door.
"President Chen, Yu Bo has arrived." Gu Qingcheng pushed open the door and entered, looking capable and efficient in her professional attire.
"Let him in."
A moment later, Yu Bo, who had just finished his onboarding procedures, walked in.
"Mr. Chen, you wanted to see me?"
Yu Bo is a middle-aged man with a calm and composed appearance and a solid resume.
Having worked at several well-known investment institutions, he has a keen sense of the capital market.
Chen Feng didn't beat around the bush and asked directly, "Mr. Yu, have you heard of SMIC?"
Yu Bo was slightly taken aback, seemingly not expecting his boss to suddenly ask about the company.
He thought for a moment and nodded, saying, "Of course, this is a company founded by Dr. Zhang Rujing. It was born with a silver spoon in its mouth and received more than one billion US dollars in financing from domestic and foreign giants such as Goldman Sachs and Motorola at the beginning of its establishment. It is riding high."
Chen Feng tapped his knuckles lightly on the table, his tone calm: "I hope you can contact them on behalf of Fengtian Capital, sound them out, and see if there's still a window of opportunity for financing."
A hint of surprise flashed in Yu Bo's eyes: "President Chen, you want to invest in SMIC? That's a tough nut to crack."
"Only tough bones are worth chewing."
Chen Feng smiled and said, "Let's give it a try. If they don't give up outright, even if there's only a tiny opening, we should try to squeeze in."
"clear."
Yu Bo nodded solemnly, "I'll go and investigate in the next couple of days."
After handing over this important matter, Chen Feng said no more.
He knew very well that entering the market for a behemoth like SMIC would take a long time and required a great deal of patience.
......
September arrived quietly.
Good news came from across the ocean.
Lin Wan's monthly report showed that, although the iMusic platform was still in the early stages of promotion after being online for half a month, the revenue data was impressive—four million US dollars.
Although 55% of that will go to ASCAP and BMI as royalties, it is still an extremely attractive start.
This proves that Chen Feng's initial strategy of investing heavily in copyrights and building a legitimate ecosystem was the right one.
On September 7th, Shanghai Jiao Tong University welcomed its new students.
Chen Feng personally acted as the driver, taking his cousin Chu Yuan to school to register.
When the gleaming black Mercedes-Benz S600 slowly drove into the Jiaotong University campus, it instantly attracted countless eyes.
In this day and age, even in bustling Shanghai, luxury cars of this caliber are a rare sight.
Not to mention that in the ivory tower, the visual impact is even greater.
As soon as the car door opened and Chu Yuan, dressed simply, stepped out, a murmur of discussion arose around her.
"Goodness, whose young lady is this? Arriving in this car?"
"Looks like a freshman. That car must cost hundreds of thousands, right?"
"Hundreds of thousands? What are you thinking! Didn't you see the S600 behind you? It's going for nearly two million after landing!"
"Holy crap! Two million?! Really?!"
Hearing the faint gasps of amazement coming from around her, Chu Yuan blushed somewhat uncomfortably.
"Cousin, don't bother seeing me off. I can handle the formalities myself."
Chu Yuan took the suitcase and said in a low voice, "Go and take care of your big business, don't let it interfere with important matters."
Chen Feng didn't stand on ceremony; he had to rush back to the company for a meeting, so he nodded: "Okay, then take care of yourself. If you need anything, just give me a call."
"Okay, cousin!"
"I'm gone."
Chen Feng waved his hand, stepped on the gas, and the S600 sped away, leaving only a dashing taillight in the eyes of the onlookers.
......
September has come to an end in the blink of an eye.
This month, all of Chen Feng's major business segments have been progressing steadily.
After the framework of Fengtian Holdings Group was set up, the division of labor among several capable executives made Chen Feng's job much easier.
Many trivial matters no longer require Zhao Ya and Su Qing to run back and forth, greatly improving administrative efficiency.
Although Legend Networks hasn't made any major moves, its influence remains.
The urban legend of "slaying a dragon to exchange for a house" still circulates in major internet cafes, supporting a daily average of 150 million online users.
September revenue remained stable at 160 million yuan. After deducting the 30 million yuan loan repayment to the bank, the company still had an astonishingly large amount of cash on hand, reaching 420 million yuan.
In terms of hardware, Fengtian Technology performed steadily.
Domestic sales have rebounded slightly, returning to the 200,000-unit mark.
The North American market has entered a period of stability, with monthly sales of 290,000 units.
Including iMusic's revenue, the total monthly revenue exceeded 11 billion yuan, with a net profit of 3.15 million yuan.
Both of these businesses were within Chen Feng's expectations, but what truly surprised him was the Fengchi electric vehicle.
In September, Fengchi did not rush to conquer new territories, but instead chose to cultivate and deepen its presence in the seventeen key cities it had already captured.
The combined effect of the GG bombardment and positive word-of-mouth was outstanding.
Sales soared to 69,000 units in a single month!
Revenue surged 50% quarter-on-quarter to 170 million, and net profit broke through 100 million!
With this, Chen Feng had another trump card in his hand.
However, the business world is like a battlefield; there is good news as well as bad news.
Yu Bo's side reported back that SMIC's current attitude is ambiguous, or rather, arrogant.
After all, they have a billion US dollars in start-up capital, so they are not enthusiastic about external capital involvement and have not yet opened up financing channels.
Chen Feng was disappointed, but he could only put the matter aside for the time being.
Investing is about timing; you can't rush it.
Fortunately, Vimicro was very helpful.
After the collaboration was reached, their R&D team worked very efficiently and quickly came up with a decoding chip solution that was compatible with the T1 player.
Although its performance is not quite up to par with high-end F1s, it is more than enough for the T1, which focuses on cost-effectiveness, thus further reducing the cost.
In addition, good news came from Fengtian Technology's R&D center: the engineering prototypes of the second-generation products F2 and T2 have been completed and are undergoing final debugging.
Chen Feng looked at the prototype on the table, a glint of shrewdness flashing in his eyes.
"The year-end sales battle is counting on you guys."
......
September 30th.
Chen Feng drove to Jiaotong University.
With the National Day holiday just around the corner, Chen Feng wanted to put his work aside and relax.
Just two days ago, Chen Xiaotian mentioned wanting to visit a courtyard house in Beijing, so Chen Feng decided to take his son and cousin Chu Yuan on an in-depth tour of Beijing the next day.
A black Mercedes-Benz S600 was parked steadily beside the tree-lined path below the dormitory building.
Not long after, Chu Yuan and a short-haired girl came out, each dragging a suitcase.
"Yuanyuan, over here."
Chen Feng rolled down the car window and waved.
Chu Yuan's eyes lit up, and she quickly walked over: "Cousin!"
The short-haired girl beside him also came over, her gaze sweeping over Chen Feng's imposing car, a hint of surprise flashing in her eyes.
"Yuanyuan, is this your classmate?" Chen Feng asked casually.
"Yes, this is my roommate, Xu Jiahui."
After Chu Yuan finished her introduction, she turned to her roommate and said, "Jia Hui, I'll be going now."
Xu Jiahui smiled and nodded. Just as she was about to say something, she suddenly saw a white BMW 5 Series driving up in the distance, so she changed her mind and said, "Okay, my cousin has arrived too."
Chen Feng followed her gaze and raised an eyebrow slightly.
This license plate looks familiar.
The car door opened, and a long, slender leg stepped out.
When Chen Feng saw the person's face clearly, he couldn't help but laugh.
It's truly a case of coincidences.
The other person was visibly taken aback when they saw Chen Feng leaning against the car door, then quickly stepped forward, speaking respectfully, "Mr. Chen? What brings you here?"
The person who arrived was Gu Qingcheng, Chen Feng's new special assistant.
Xu Jiahui, who was standing to the side, was completely stunned when she heard "President Chen".
She found it even more unbelievable that her usually aloof cousin was being so polite to this person.
"I've come to pick up my cousin."
Chen Feng pointed to Chu Yuan beside him and laughed, "Assistant Gu, is that your cousin? What a small world! I didn't expect they were classmates."
Gu Qingcheng glanced at Chu Yuan, a knowing look flashing in her eyes, then smiled and said, "It is indeed too much of a coincidence."
"Alright, we won't delay your sisterly reunion. We'll head out now."
"Okay, Mr. Chen, please take care." Gu Qingcheng bowed slightly.
Once the Mercedes' taillights disappeared at the intersection, Xu Jiahui finally couldn't help but tug at Gu Qingcheng's sleeve: "Sis, who was that just now? Why were you so polite to him?"
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