Chapter 317 Fight for
Chapter 317 Fight for
This time, Yu Xing participated in a corporate exchange activity jointly organized by the Shanghai Federation of Industry and Commerce, the Municipal Foreign Affairs Office and other departments. The event was of a high standard and included representatives from chambers of commerce, private enterprises in the Yangtze River Delta, and some heads of overseas business organizations in Shanghai.
His current identity is that of a private listed company, which just landed overseas not long ago, so he is highly valued. A leader even brought foreign businessmen to Nasdaq to ring the bell last month.
However, while Yu Xing was dealing with this polite exchange, most of his attention was still on his peers.
The speaker has no intention, the listener has the intention.
Others will not be surprised when they hear what Mr. Lin says, and may even ask for his advice.
Yu Xing heard this...
Don't kill unknown people when you cross the mountain!
NetQin did have some problems, and I don’t remember the specific details, but since I was reminded of this when the order was placed in person, I can just sort it out one by one. Moreover, the arguments of “making data” and “telling stories” have already made the key points clear.
To what extent can listed companies do data...
Yu Xing was really enlightened by the fact that China Forestry, which he had shorted before, was able to exaggerate its annual revenue by 99.99%. From then on, he was able to set the bottom line of his expectations low enough.
From this point of view, NetQin, a company that focuses on mobile security software, also needs to be questioned.
Because there is a company that cannot be avoided in this field - 360.
Yu Xing sent a message to Xiaoying without waiting for the dinner to end, asking about the market data announced by NetQin when it went public.
The data in the prospectus is easy to find.
Soon, the core data was fed back to Yu Xing’s WeChat.
——Absolutely leading market share.
—— With a market share of 67.7%, China's mobile security market far exceeds competitors such as Qihoo 360's 8.6% and Penguin's 5.2%.
——As of the end of 2010, the global user base had a total of 7169 million registered users, 2544 million monthly active users, and 324 million paying users.
Yu Xing looked at the data on the screen, but did not measure it with a vision of climbing a mountain. Instead, he subconsciously applied his own experience in WeChat and made a judgment. The data was quite impressive. Otherwise, how could they say that it was a listed company?
How did it get 67.7% of the market share? How did it have more than 2500 million monthly active users?
Yu Xing continued to raise questions based on his own experience.
If these two items are obtained by data, how is the data on its revenue obtained?
Market share + financial fraud.
Based on logic and experience, Yu Xing temporarily gave two research directions.
Also, while he was slowly walking towards the forest, he sent a message via WeChat to Zhou Hongyi, with whom he had not communicated for a long time.
"Mr. Zhou, I have a question for you. I have been paying attention to investment opportunities in mobile Internet projects recently. I just came across NetQin, which makes mobile security software. Was it an early investor in mobile Internet? How come it has such a large market share?"
About five minutes later, Zhou Hongyi replied: "It's just bragging. It's good enough to have a real market share of 15%. This bubble will burst sooner or later."
Yu Xing replied: "Oh, so that's how it is. I thought there were more efficient and outstanding competitive means in the mobile Internet field. Thank you Mr. Zhou for clearing up my doubts."
In less than 10 minutes, Yu Xing received professional endorsement from the part-time researcher.
The boss of a listed company in the same field gave his verdict - this bubble will burst sooner or later.
Different from Yu Xing who showed no interest in socializing today, a group of people in Lin Yu were chatting animatedly. The bosses of several listed companies were complaining about the difficulty of development, while at the same time tactfully expressing how much their performance had improved.
This person participated in an interview not long ago, and that person wants to give his published book to everyone.
You praise me and I praise you, which is very suitable for social atmosphere.
Yu Xing, who was walking over, was naturally introduced. After a brief greeting, he listened to everyone's conversation with a smile. He wanted to see if there was any more critical information from NetQin, and also wanted to see if there were any similarities between the people who were communicating with General Manager Lin.
In addition to NetQin, there are two other companies listed overseas. Naturally, the topic of conversation turned to the concept of Chinese stocks, and then inevitably mentioned the unavoidable mountain peak.
Many people believe that the attack over the mountain is an important factor in the decline of Chinese stocks.
The short sellers are always hiding and evading, they are really rats!
Especially short sellers like Guo Shanfeng who have no idea who is behind the scenes are the worst of the worst!
If you have the guts, stand up and face yourself openly!
"Oh, I heard that Fenzhong Media is planning to privatize. What a pity! We finally managed to get listed, but now we have to start all over again because of the difficulties!"
"This kind of vulture is just adding insult to injury!"
"That's a group of financial locusts."
The crossing of the mountain was met with unanimous criticism.
Yu Xing listened to everyone's noisy voices and interrupted to ask a classmate he had just met: "Boss Lin, I haven't paid attention to this. Are those companies that Guo Shanfeng shorted fraudulent?"
The bustle suddenly turned into silence.
There's even a hint of embarrassment.
Is there any fraud...
Whether he was talking incessantly or eloquently, there was no sound at this moment.
After several dozen seconds, Lin Yu looked at Yu Xing with a stiff expression, and said earnestly: "Mr. Yu, this kind of thing is hard to say. Guo Shanfeng is just a report. Hey, Mr. Yu, you are also an entrepreneur. Sometimes you are in the arena and can't help yourself. The short sellers who attacked our Chinese concept stocks like Guo Shanfeng had bad intentions from the beginning to the end. We, especially the companies listed overseas, must unite together and never let the vultures succeed."
Yu Vulture nodded slightly to these words and gave a one-word response: "Oh."
Just one word, no follow-up, no evaluation, and no debate.
However, the atmosphere seemed to become even more awkward.
This time, everyone changed the topic one by one, but the exchange meeting ended quickly after a short while.
Yu Xing changed a glass of wine and noticed that Mr. Lin looked back at him as he walked. He raised his glass and nodded at him innocently, but got no response.
"Mr. Yu, you really are worthy of being a returned overseas doctor. Let me toast to you."
Suddenly, a laughing voice came from the side.
Yu Xing held the wine glass in his hand and turned his head to see a graceful figure in a white shirt and black skirt teasing him.
He just raised his glass lightly and nodded, still showing no intention of chatting or socializing.
"Mr. Yu, nice to meet you. I'm Wang Xiaoxuan." Seeing that Dr. Yu had no intention of communicating, the woman in the white shirt and black skirt did not get angry. Instead, she extended her right hand and said, "I'm the business manager of Linglong Tire." After hearing the latter part of the sentence, Yu Xing carefully looked at Wang Xiaoxuan in front of him, shook hands with her and said with a smile, "Linglong Tire? Linglong Tire from Zhaoyuan?"
Wang Xiaoxuan nodded in surprise and said, "Yes, our headquarters is in Zhaoyuan. Dr. Yu...is worthy of his reputation."
"How is the reputation well-deserved? I want to know what short selling is like." Yu Xing said with a smile.
"I heard that Carbon Silicon Group has conducted a comprehensive survey of the domestic automotive industry chain and invested in some technical projects." Wang Xiaoxuan became serious at this time, "Mr. Yu, you are very determined to make new energy vehicles."
Yu Xing took a sip of wine and couldn't help laughing.
Wang Xiaoxuan asked in confusion: "Boss Yu, is there anything funny about what I said?"
Yu Xing pointed out a small detail: "It is rare for a business manager to speak in this tone."
It sounds like this title is not for the sake of a good-looking sales title. It can be regarded as a middle-level manager. A middle-level manager from a tire company normally would not make such comments in front of the boss of another company.
Wang Xiaoxuan was slightly startled, and suddenly felt astonished as to how could someone be so meticulous.
The reputation of being able to force penguins into trouble is indeed not in vain.
She said with some admiration: "Well... Mr. Yu, my brother Wang Feng is the chairman of Linglong Tire, and I am indeed the business manager."
Yu Xing nodded in understanding: "Oh, I see."
——"My Brother, the Chairman".
He carefully recalled the information he had read about this company before, and vaguely remembered that the boss's surname seemed to be Wang, and it seemed to be a family business, but he had no way of looking up the information in person now.
"I've been dealing with a lot of people recently, and I'm very familiar with who's in what position and what's going on." Yu Xing explained with a smile, and then asked, "Mr. Wang, do you have something you want to discuss?"
"Mr. Yu..." Wang Xiaoxuan didn't expect to be asked so directly. Feeling some inexplicable pressure, she said, "Yes, I heard that Carbon Silicon Group is cooperating with Mr. Guo Chuan to promote the development of domestic air suspension?"
Guo Chuan is the son of that academician.
Yu Xing said calmly: "If you have something to say, say it all at once."
Wang Xiaoxuan understood Mr. Yu's style more clearly, and instead tried harder, "Mr. Yu, there are no suppliers of air spring bladders in China. Carbon Silicon Group recommended Zhongce Rubber and Sailun Group to Mr. Guo, but in fact, our Linglong Tire has better technical reserves in this area!"
Yu Xing didn't expect to meet an automotive supplier at today's event, and he didn't expect there would be such a competition.
Guo Chuan has made it clear that he wants to work on the air suspension project, and the country also lacks suppliers in many aspects of the air suspension, the open valve pump distribution valve is one of them, and the bladder skin is another.
Just like the solenoid valve manufacturers with similar processes recommended by Carbon Silicon Group in the past, the manufacturing process of air spring bladder skins is actually very similar to that of tires, so the two tire manufacturers were recommended in the past.
Yu Xing thought about it and explained: "Zhongce Rubber has invested a lot in R&D. It has also cooperated with many universities such as Harbin Institute of Technology. It has accumulated a lot of experience in both rubber materials and vulcanization technology. Not to mention Sailun Group. It is looking for the National Rubber Center to discuss cooperation."
Then he asked, "How did you know that we recommended these two companies to him?"
Wang Xiaoxuan replied: "Academician Guo Konghui is the special consultant of our company. We have had a lot of exchanges with Mr. Guo. We are both in the tire business. Carbon Silicon Group recommended him to go there, and he also needs to conduct research and demonstration."
Yu Xing understood and said with a smile: "We really don't know about this."
The tram project team can only conduct research based on business and technical levels, and this more detailed industry cooperation and relationship naturally cannot be found in the materials.
He already knew what Mr. Wang meant, and continued, "In this case, if you are dealing with each other, then you should talk to Mr. Guo instead of me."
Wang Xiaoxuan was somewhat helpless: "Boss Yu, Boss Guo will definitely accept your recommendation!"
Yu Xing was not joking: "If Mr. Wang has any objections to our recommendation, you can submit your own materials and we will study them. I am not sure about Linglong Tire's technical accumulation in this area, but... they are very serious when doing research and screening."
"Your research is based on past situations." Wang Xiaoxuan tried her best to get it. "I will submit a set of materials, but I want to say, Mr. Yu, Linglong Tire is a private enterprise, and our decision-making efficiency is higher."
Yu Xing smiled slightly: "Then I will wait for your decision."
He glanced at the dinner scene and saw that it was almost time, so he raised his glass towards Wang Xiaoxuan, indicating that the discussion was over.
However, Wang Xiaoxuan was unwilling to miss such an opportunity. She followed Mr. Yu and said quickly as she walked: "Mr. Yu, we now have a high-silicon white carbon black composite material for low rolling resistance tires. This can be directly transferred to the empty spring bladder skin to improve its ozone aging resistance. Our vulcanization process can optimize the vulcanization uniformity of the bladder skin and reduce bubble defects!"
Seeing her like this, Yu Xing had to stop and said, "As far as I know, Sailun already has a continuous vulcanization production line."
Wang Xiaoxuan didn't expect that Mr. Yu really knew the details. After a pause of one second, she continued, "Mr. Yu, we will build a national-level technology center next year, which will enable us to quickly establish fatigue testing standards for products. This will greatly shorten the product verification cycle."
Yu Xing said with a smile: "Sai Lun also has it. Will it pass the test standards next year?"
He stared at the business manager in front of him, and his vague memory suddenly became clearer. Her brother took over the position of chairman from her father.
Yu Xing decided to give him one last chance: "Boss Wang, tell me something about your strong performance in the competition. Otherwise, there is no point in submitting your materials."
Wang Xiaoxuan met Mr. Yu's gaze and said after ten seconds of consideration: "Mr. Yu, we have a high degree of marketization, long-term investment in technology research and development, and an international layout. Our factory in Thailand can provide cost advantages for products. Regarding the expansion of the capsule skin business, I don't know how much attention Sailun will give, but if Mr. Yu can help us and Mr. Guo to jointly develop, I am willing to go back and convince my family to set up a subsidiary to specialize in this area."
Yu Xing's thoughts moved, but his expression did not change.
Wang Xiaoxuan gritted her teeth and continued, "I am optimistic that domestically produced air spring bladders will occupy a certain market share in the future. My shares in Linglong Tire can be transferred to the subsidiary to be responsible for this area."
Yu Xing was a little surprised. He understood that the person in front of him wanted to invest his family's equity in the new business. Although he didn't know the distribution of Linglong Tire's family assets, President Wang didn't look very old, and her brother had already taken over the company...
He thought for two seconds and asked, "Mr. Wang, the bladder skin is just a small link, and its market potential is far less than that of tires."
"Competition in the big market is fierce, but for small links like this, big companies just do it casually. If I put all my energy into this, it would be a better achievement for me personally than it is now." Wang Xiaoxuan said frankly, "Besides, I am not starting from scratch, I can rely on Linglong Tire's technical reserves."
Yu Xing looked at Wang Xiaoxuan carefully, and this time he took the initiative to stretch out his right hand, and said with a smile: "The sac-skin beauty seems not as good as the tire beauty. Do you really want to try it that way, Mr. Wang?"
Wang Xiaoxuan grabbed Mr. Yu's hand and shook it vigorously. Facing the teasing, she nodded and said, "It's the same thing, but if possible, I hope people can call me a beautiful lady. Please take care of me, Mr. Yu."
Yu Xing let go of his hand and handed over a business card: "Prepare the materials. Mr. Guo will come to Shanghai for inspection next week."
Wang Xiaoxuan took the business card and thanked Mr. Yu again for the opportunity.
She politely watched Mr. Yu leave, breathed a sigh of relief, straightened her white shirt, tucked it into her black skirt, looked at the words on the business card, and suddenly found that her back was sweating slightly.
Wang Xiaoxuan put away the business card and walked a few steps before hearing discussions about the mountain peaks around her. Then she thought of Mr. Yu's previous question and felt particularly amused.
She is a senior user of Bai Xiaosheng and is absolutely sure that Dr. Yu is definitely causing trouble on purpose!
(End of this chapter)