Reborn in 2010, the AI ​​in my mind is too powerful.

Chapter 117 Current Status of the Company

Although Chen Yiran was traveling in first class, it was a double room with two middle seats pushed together.

However, the flight of more than ten hours still left Chen Yiran very tired, and even Pidan was not very cheerful.

Chen Yiran didn't rush to the company. Instead, she stayed home for two days to adjust to the time difference and get some rest. It wasn't until the third day that she finally got her sleep schedule back to normal.

Pidan adapted very quickly, probably because dogs usually sleep for more than ten hours a day, and he was full of energy again the next day.

On the fourth day, Chen Yiran drove Pidan to the company.

The company's sign has finally been erected at the entrance of the small building we rented before, along with several artistic animal sculptures.

When Catherine saw Chen Yiran, she quickly ran over, squatted down, and said to Pidan, "Oh my, Pepsi, it's been so long! Your heartless owner actually took you away! It would have been better if you had stayed at the company; you would have definitely doubled the company's work efficiency."

"That's going too far. Does Pepsi pay you a salary, or do I pay you a salary?"

Catherine stood up and said enthusiastically, "Boss, you're finally back! Emily's birthday is the day after tomorrow, are you coming to celebrate?"

Chen Yiran pointed outside the door and said, "Let's get down to business first. Where did you buy those sculptures? We shouldn't waste company budget on such meaningless things. Wouldn't it be better to use that money to buy more game consoles for the game room?"

"The company doesn't have a budget. This was something a friend of mine did as practice, and I took it from him. I'm the VP of Operations, and I also have to handle the front desk work. How could a company that's so stingy possibly have money to decorate the entrance?"

"Money should be spent wisely! I can go the day after tomorrow, but do any of your friends have straight friends? If they're all gay, I won't go."

"Look at what you're saying! They're mostly straight, okay? You think there are so many crooked ones? Crested ones are rare species!"

"Okay, okay, send me the time and location later."

After Chen Yiran finished speaking, he went upstairs to find Gao Dewei. The employees along the way greeted their boss warmly when they saw him return. The scene of Chen Yiran leading them to push forward the project like crazy a few months ago was still vivid in their minds. Now, when people in the company look at Chen Yiran, they all feel that he has a light behind him.

Gao Dewei was reviewing a report in his office. All three monitors on his desk were on, each displaying different simulation waveforms. He looked up and saw Chen Yiran, then moved his chair back a little.

"You're finally back. This has been quite a long time. I thought you'd be back after the New Year."

"There are so many messy things going on, and besides, it's the Lunar New Year, so why not take a proper rest?"

Gao Dewei took a thick paper report from the drawer and pushed it in front of Chen Yiran: "Here you go. I specially prepared a briefing because I knew you were coming back. Take a look and see if there are any problems."

"This is quite a thick stack of papers, it's practically a briefing. Well, just tell me the general situation first."

Gao Dewei began his explanation with a sigh: "Personnel is no longer a problem. With the merger of over 7 people from the design department of Caden, we have plenty of manpower. Of course, the people from Caden are currently working at Caden's headquarters on Seely Avenue. We need to find them office space nearby before July."

"How's the product line? Is everything going smoothly?"

"It went very smoothly, especially after KaiDeng was merged in. We directly made cuts to their original program, which saved a lot of time. Moreover, they used to do a full range of EDA, and the annual fee contracts they had already sold were also transferred to us."

Our existing products can quickly capture the market.

"By including all products, we now have over a hundred customers paying annual fees, and currently, the total revenue is roughly between three and five hundred million yuan per year."

"And net profit?"

"The maintenance cost of pure software is very low; the main expenses are in R&D and sales. Net profit in the first quarter was just over 40 million. If nothing unexpected happens, the net profit for the whole year will be between 150 million and 200 million. The main issue is Synaptics, which has had some impact on us."

They've gone mad; the prices are ridiculously low. They lure people in with incredibly cheap annual contracts, locking them in for three years first.

However, their situation must be very bad. Their legal team has become much quieter recently. The fact that their offensive against us has noticeably weakened within the past month is not a good sign. I suspect it's because the various expenses for the new fiscal year haven't been approved yet, and the lawyers won't work unless they get paid.

Chen Yiran nodded: "NewThink is no longer a threat. Their financial chains aren't necessarily as deep as mine, and they know that. They can't keep burning through each other's legal fees. Alright, everything's on track, I'll head out now. I just finished adjusting to this time, and I'm still quite tired."

Gao Dewei stopped him with a smile and said, "Don't rush, there's some news you definitely want to hear."

"What's wrong? Tell me quickly so I can go back to sleep."

"Icahn continuously reduced his holdings in Mindshare last week, selling for a whole week, issuing announcements of share reductions every day. The selling was extremely aggressive, causing Mindshare's stock price to collapse. Mindshare's board of directors issued an announcement this Monday stating that Icahn has completely withdrawn and resigned from the board of directors."

This was not unexpected for Chen Yiran. Judging from the fragments of information in his mind, Icahn was a very decisive person. If he did not win according to his tone, he would not hesitate to cut his losses.

But Chen Yiran suddenly had a good idea. After saying goodbye to Gao Dewei, Chen Yiran went home and began to look up various information.

Although Icahn decisively cut his losses, he still suffered significant losses because the outlook for Mindray's stock is now very pessimistic, basically at rock-bottom prices.

Within a few months, Chen Yiran had rendered all three of Mingdao's main businesses obsolete.

But Chen Yiran's most important technical personnel, including the on-site technical coordinators, are still there. Various sales and management personnel are also still persevering.

The management team of Mingdao is not without vision; they just happened to encounter a player like Chen Yiran who is exceptionally talented.

If Icahn withdraws, it wouldn't be a bad idea for Chen Yiran to then acquire the company. By directly taking over the legacies of the two major EDA companies, Chen Yiran would not only have a technological advantage but also a significant lead in sales when dealing with Synopsys.

Chen Yiran asked Jasmine in his mind, "What do you think about us going back now and directly negotiating the acquisition with Mingdao's management? I think it's a good idea."

I was just thinking about this, and I've come up with a really good idea. Your idea is also very good, but it's still far from mine.

"I think acquiring Mingdao is a great idea. Do you have any other good ideas? Tell me quickly, don't keep me in suspense."

I believe we should license Deepflow to Mingdao, allowing them to build their own EDA projects within the framework. They already have a full range of EDA tools, so optimizing them according to the framework shouldn't be too difficult.

"Besides receiving a licensing fee, what other benefits are there? This idea isn't very good."

【Oh dear, think about it carefully. Who is our biggest problem, our most annoying competitor right now? It's not Mingdao (TED), our most annoying competitor is Synaptics! They're constantly disrupting the market with low prices, and they always have to use lawyers to get us into trouble. We've already paid TED a fortune in legal fees.】

"I think I understand. You mean, let Mingdao take our framework and go to the low-end market to compete with Synaptics? That seems like a good idea. Although even if Mingdao uses DeepFlow, he can't catch up with us, it's still very possible for him to beat Synaptics."

Synaptics keeps using low-price strategies to annoy people, so let Mingdao fight them! We can just collect licensing fees. If Synaptics gets pushed too far, they'll probably come to us for licenses. We can just focus on dominating the mid-to-high-end market, and then we can raise prices without worry!

"Wow, Jasmine, you're getting smarter and smarter!"

【≧ω≦)】

After praising Jasmine, Chen Yiran took out his phone and called Ted, who had already returned to the United States, intending to contribute some more legal fees. This time, he had to try to get all three major EDA firms on board.

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