Chapter 343: Suddenly Like a Spring Breeze Coming Overnight
Hearing Duan Yongji talk about Li Dongling and Dongling High-Tech, Boss Liu, Zhang Yue, and several others to the side all felt the same.
Dongling High-Tech was indeed "very special" in their eyes, and there was no reason to talk about it. As an ally, they were of course very happy. Look at BYD, and look at BOE in Yanjing!
BOE was no longer acting as an agent for Panasonic now, because its orders simply couldn't be finished. Little PHS mobile phones were selling hot domestically and overseas this year. As the screen supplier for Little PHS mobile phones, BOE's orders were already full this year.
For BOE, the problem now wasn't whether it could get orders, but that there were too many orders and production capacity couldn't keep up. BOE's STN screen production line was still being built, but the speed of building production lines was far behind the speed of order increases.
Especially new companies entering Little PHS mobile phones like UTStarcom, Xia Xin, and BBK, all followed the agreement reached with Dongling High-Tech and purchased from Dongling High-Tech's component industry chain, which led to BOE's orders skyrocketing. BOE's general manager, Wang Dongsheng, experienced what it meant to be in pain and happy.
This was the feeling of being an ally of Dongling High-Tech. But as an opponent, it was another feeling.
"Now, quite a few domestic manufacturers are hoping to produce U-disks, optical mice, Little PHS mobile phones, but Dongling High-Tech would rather authorize patents to foreign companies than let 'their own people' produce them!"
Duan Yongji said. Although Dongling High-Tech claimed that not authorizing too many companies to produce was to maintain industry order, not let counterfeit goods run rampant, and allow the industry to continue to develop, in the eyes of quite a few domestic companies, this was Dongling High-Tech eating alone, not even willing to give them a sip of soup. It was simply too domineering!
Boss Liu and Duan Yongji looked at each other. Both were masters of playing tricks. One look at each other, and they understood what the other was playing at.
"Everyone's days are not easy now. So many companies are looking for orders, and so many employees are waiting to live. Dongling High-Tech can't finish its own orders, but it's not willing to let out a little for everyone. It's really too much!" 【
Boss Liu also chimed in, and then the two looked at each other and smiled. What they needed to do was to fan the flames; they only needed to stir up some public opinion and incite those companies that had been coveting products like USB drives for a long time to counterfeit and imitate them. They did not believe that Dongling High-Tech could really keep suing them one by one.
Even if they really did sue, it would consume a great deal of Dongling High-Tech's time, energy, and funds, dragging down Dongling High-Tech's pace.
If Dongling High-Tech ignored it, then just look at the current state of the VCD industry. As the company that invented the VCD, Wan Yan had actually been squeezed out of the top spot in the VCD industry, with all sorts of miscellaneous counterfeit VCD players flooding the entire industry, truly achieving a situation where bad money drives out good.
Furthermore, if Dongling High-Tech didn't care, then Lianxiang and the Sitong Group could also churn out white-label USB drives, Silver Mink mice, and other products. Even those two companies were greedy for the exorbitant profits of USB drives!
……
Li Dongling could not worry for the moment about what Duan Yongji, Boss Liu, and the Taishan Industry Research Association wanted to play at. For Dongling High-Tech, what they needed to do was to meet force with force and strategy with strategy, then find the right opportunity to strike back hard—one punch to settle the situation!
Strike one punch to avoid a hundred more. To kill the chicken to warn the monkey, one must find the right target. It is hard for people to remember if you only establish authority by targeting small companies; only by targeting a big one can you let latecomers know that some things cannot be touched!
Li Dongling did not come to Yanjing this time to reminisce. He had many things to be busy with. He first had to visit a number of units and departments in Yanjing; since he had arrived in Yanjing, this set of procedures certainly could not be skipped.
For several consecutive days, Li Dongling went to the State Economic and Trade Commission, the State Administration of Foreign Exchange, the National Development and Reform Commission, the Ministry of Machinery Industry, the Ministry of Posts and Telecommunications, and many other departments, meeting with the heads of these departments.
In addition, there were the propaganda divisions under these units themselves, which took photos and reported on the visits. These were all standard procedures. For these units and departments, they needed these reports to tell the outside world about their support for Dongling High-Tech.
The more foreign exchange Dongling High-Tech earned and the more jobs it provided, the more it counted as political achievements for these departments and units!
Likewise, for Dongling High-Tech, it also needed to use these reports to tell both allies and opponents that Dongling High-Tech had supporters. This point was very important.
Not only could it allow Dongling High-Tech to obtain financial support from banks and local policy support from various municipal governments across the country, but most importantly, it told those monsters and demons who wanted to reach out to Dongling High-Tech that reaching out recklessly would come at a price.
……
"Netscape, the first internet company in America, completed its IPO yesterday. This is the first internet company in the world to go public. On its first day of trading, the company's market value exceeded 2.7 billion US dollars!
The Wall Street Journal commented that it took General Dynamics 43 years to reach its market value, while Netscape took only one minute!"
In its latest issue, Computer News reported a major event that had occurred in the computer industry: Netscape had gone public.
Domestically, there hadn't been much reporting on internet news yet, and there wasn't too much attention paid to Silicon Valley. In fact, most people still felt like the term "internet" was unfamiliar, or had never even heard of it. Even those who frequented the Huiduo Network forums now didn't quite realize that their act of browsing the forums was called "surfing the internet"!
"Netscape founder Andreessen, who missed the bell-ringing ceremony due to working overtime, became a billionaire in his sleep. Andreessen became America's youngest billionaire and also became a Silicon Valley hero!"
"Silicon Valley, located in California, is becoming the new focus of America's tech industry. Netscape's successful IPO might trigger an internet wave in America!"
Computer News cited reports from overseas media. Domestically, Netscape's IPO might have been somewhat quiet, but in America, it ignited media and public opinion.
In a place like America, which has an extreme pursuit of wealth, Netscape's IPO really had too many topics of interest. A company that had been established for less than a year had a market value exceeding that of established companies after one minute of trading.
The company's founder instantly became the youngest billionaire. Wealth, power, status, luxury cars, BMWs, villas, and female stars—he obtained them all in an instant. How could this not make Americans go crazy for it!
After all, if Netscape and Andreessen could succeed by relying on the internet, would there be a second or third person who could become a billionaire by relying on the internet?
All of America was going crazy for Netscape. In less than a year, a website had climbed onto the NASDAQ; this was too stimulating to people's nerves.
Almost the day after Netscape went public, a group of geniuses at Stanford University dropped out of school and ran to Silicon Valley to start their own companies. Even more countless people flocked to Silicon Valley to take risks. After all, it only took one year to reach the sky in one step and realize the American Dream if successful; if they failed, they only wasted a year. For countless people, this was a chance to change their destiny!
In an America where social classes had already solidified, the emergence of a new track meant the appearance of an opportunity to change one's own or one's entire family's destiny. It wasn't that they liked taking risks, but that if they missed this unique opportunity, they would never encounter it again. How could they not go crazy for it!
Netscape's IPO and this speed of getting rich overnight turned the global tech industry's gaze toward Silicon Valley, and also brought more Silicon Valley internet companies into the public eye.
And besides Netscape, which company was currently the most famous in Silicon Valley and the most anticipated by countless people? Yahoo!
Seeing Netscape go public, Yahoo also began to build momentum for its own NASDAQ debut. In particular, Yahoo's leader, Yang Zhiyuan, was even hyped as the "Internet Chief," a genius on par with Andreessen.
Yahoo and its investors indeed had the intention of "riding the coattails" of Netscape, wanting to use Netscape's heat to increase Yang Zhiyuan's popularity and build momentum for Yahoo's IPO next year.
While Yahoo was building momentum in America, there was also quite a bit of movement in Asia, especially in Japan and Taiwan.
Japan was due to SoftBank. SoftBank President Sun Zhengyi was Yahoo's largest individual shareholder. If Yahoo went public, wouldn't it once again prove Sun Zhengyi's keen eye for talent? Plus, considering the relationship between Japan and its suzerain state, America, just think about it: the suzerain state's internet company was actually invested in by Japan. How could Japan not promote it with all its might?
As for Taiwan, it was because Yang Zhiyuan was from Taiwan. Now that Yang Zhiyuan had the chance to become the second person in Silicon Valley, or even the global internet, how could they not build momentum?
"Yahoo has currently gone through two rounds of venture capital. After Netscape's IPO, Yahoo's valuation has doubled. Some investment institutions believe that Yahoo's valuation has already exceeded 500 million US dollars, becoming the second-largest internet company in the world, second only to Netscape.
Currently, Yahoo's largest shareholder is SoftBank President Sun Zhengyi, who invested 100 million US dollars in Yahoo and holds a 35% stake. In addition, there are companies like Sequoia Capital, Reuters, and the Zhixing Foundation that have invested venture capital in Yahoo!"
If it had stopped there, the news about Silicon Valley might still have been more of a curiosity for domestic media.
But when Hong Kong media reprinted reports from Taiwan, and domestic media like Guangdong media and Computer News reprinted the Hong Kong media's reports on Yahoo, media outlets soon discovered something strange. In Yahoo's list of shareholders, a name appeared that felt familiar yet somewhat strange to domestic media: the Zhixing Foundation!
The domestic media, which had originally been indifferent to news about Silicon Valley and the internet, suddenly became stimulated like sharks that had smelled blood. Yahoo's valuation now exceeded 500 million US dollars; then, how much was the Yahoo equity held by the Zhixing Foundation worth?
……
A motorcade consisting of several Audis drove toward Zhongguancun, with Gu Xiguang also sitting in one of the cars to accompany them.
"Old Leader, after inspecting Dongling High-Tech's internet department, Tianya Network, in Yanjing today, there are some other projects at Dongling High-Tech that I'm afraid will require you to wait a little longer!"
Gu Xiguang sat in the car and said to a person with a dignified face beside him. The latter nodded upon hearing this, then turned his head and saw the scene under the Dongling High-Tech office building, unable to help but laugh, "Xiguang, is this what you meant by 'no big fuss'?"
Gu Xiguang saw the large group of media reporters gathered at the entrance of the Dongling High-Tech office building in Zhongguancun and was also a bit confused. He clearly hadn't notified the media today; how did so many reporters come over? Furthermore, even if several departments and units were jointly inspecting the Dongling High-Tech Yanjing company today, there was no need to call so many media outlets, right?!
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End of Chapter
