bookbashuk Chapter 39 Groundbreaking Ceremony for Overseas Factory
Chapter 39 Groundbreaking Ceremony for Overseas Factory
The two men looked at each other again from a few steps apart, as if there was an invisible wall between them, and time seemed to stand still. After a while, Ren Zhengfei slowly sat back in his chair: "I need to communicate with the board of directors."
"Of course." Shen Fei sat down as well.
"I hope it's as soon as possible. The funds for Transsion are ready and can be deposited into the account at any time. And..."
Shen Fei moved closer to Ren Zhengfei's chair: "Moreover, we received some news."
Motorola may not be able to hold on any longer, and it may be sold to Google in the next year or two.
This economic crisis is more serious than we imagined.
Ren Zhengfei's eyes widened; he was unaware of this news.
Most importantly, Motorola was still the dominant player in the mobile phone market at that time, second only to Nokia...
"How did you know?" he asked in a low voice, a hint of smugness mixed with sadness at the fall of the hegemon.
"There are no secrets in the business world." Shen Fei didn't give a direct answer; he couldn't very well say that he was a reincarnated person.
It's said that Google acquired Motorola only for its patents. Later, after transferring all the patents and reaping all the profits, this "stepfather" found a "stepmother" for Motorola for over 20 billion dollars, and the other party was overjoyed.
"Mr. Ren, time waits for no one, especially in the context of this economic crisis."
Transsion came with sincerity, offering $42 billion in cash. Our only request is to share technological achievements and jointly build a mobile phone ecosystem belonging to China. You won't find another company offering such terms.
dong dong.
The clock on the wall pointed to 11 o'clock, and the bell rang. Ren Zhengfei did not speak, but picked up the internal phone.
"Notify the board members of an emergency meeting at 2 PM. All those in charge of the terminal business who can attend, please come."
After hanging up the phone, he looked at Shen Fei and said, "Mr. Shen, I hope you can attend the meeting this afternoon and present your proposal to us."
"It would be my great honor."
…………
The afternoon board meeting lasted for more than four hours.
From Shen Fei's first appearance, which drew everyone's curious gaze, to later doubts about the sound transmission technology and even the ability to raise the funds, to the subsequent calculations...
It wasn't about calculating how much benefit they could gain, but rather about assessing the probability of this unlikely technological war.
After all, globalization is the future. It's impossible for any country to reverse globalization and use all its power to target a single technology company, right?
No way, there can't be anyone that stupid.
However, after Shen Fei's in-depth analysis, the two sides finally reached an agreement at 7 p.m.
Huaxin Investment invested US$22 billion to acquire a 50% stake in Huawei's terminal division. The board of directors has seven seats, with Huawei holding four and Huaxin holding three.
Ren Zhengfei serves as chairman, and Shen Fei serves as vice chairman.
The agreement also includes technology sharing provisions: Transsion's Taishan Project results will be used by Huawei's terminals, and Huawei's communication management and technology platform will be opened to Transsion.
It was already 9 p.m. when the last agreement was signed. When Ren Zhengfei shook hands with Shen Fei, he patted him hard on the shoulder.
"President Shen, the future of Huawei's retail terminals is now half in your hands."
"Don't worry, Mr. Ren, Transsion will not let you down," Shen Fei said solemnly, holding the share division documents in his hand.
It was quite late when they left the factory. Huang Tianya said excitedly, "President Shen, we really did it!"
I was confident when you asked me to acquire other companies, but I'm not so confident when you asked me to acquire Huawei.
After all... this is simply...
"This is just the beginning," Shen Fei interrupted him, a hint of excitement flashing in his eyes as well.
With the potential to become the largest private scientific research giant in China, coupled with its external advantages, it remains to be seen whether the sanctions imposed by the United States will further provoke such a reaction.
"What we need to do next is to integrate resources as soon as possible."
Inform Chen Hai that the Taishan Project is accelerating across the board. Also inform the African team that we will be officially building our first factory in Africa.
"In addition, we need to prepare a gaming platform for smartphones as soon as possible. PopCap is a promising company, so we should acquire it as soon as possible."
"Understood. We'll send someone over now."
Once inside the car, Shen Fei glanced at the location again; this place now belonged to him. Having acquired this promising future asset, he now simply had to wait and see how it blossomed.
However, the most important thing now is to make Bird suffer a big loss in the African market and consolidate our foothold.
After all, lessons learned are the best protection.
Then, he looked towards Yuexiu District. Zhang Mingzhu's match should be over by now.
Just then, my phone rang. It was a message from her: "The competition is over, and we won first prize. Are you free tomorrow?"
Shen Fei smiled and replied, "I'll pick you up tomorrow and throw you a celebration party."
After sending the message, he closed his eyes.
Both my personal life and career are progressing smoothly, and everything is going according to plan.
…………
Indian Ocean, Port Louis, Mauritius.
The sea breeze in December still carried a slightly salty and damp smell, but it did not affect the lively atmosphere here at all.
This is a newly leveled construction site, with red and white warning lines enclosing a 50-acre plot of land.
A backdrop for the groundbreaking ceremony was erected in the center.
The sign above reads "Groundbreaking Ceremony for Transsion's First Overseas Manufacturing Base," written in Chinese, English, and French.
Adebayor stood on the makeshift stage, wearing a dark gray suit.
Seated in the audience were Mauritius's Minister of Industry, the Director of the Investment Promotion Agency, and Transsion, which had become extremely well-known in Africa recently. Also present were the Counselor of the Chinese Embassy in Mauritius, as well as dozens of other political and business representatives and local Mauritian media reporters.
Just over a month ago, Transsion only had more than 30 stores in Mauritius.
However, after comprehensive analysis, this island nation has unique advantages: its political situation is relatively stable in chaotic Africa, its taxes are relatively favorable, its workforce is of high quality, and its geographical location is more advantageous, which is sufficient to cover the southeastern African market.
After discussion, it was finally decided to build the first overseas factory here.
The relevant personnel at Mauritius never imagined that Transsion, which manufactures mobile phones for the people of Africa, would set up a branch factory there.
The news was confirmed in just two days, which was like a windfall. So, after learning the news, they were very cooperative and gave the green light in all aspects.
The groundbreaking ceremony was prepared in less than a week.
This is simply a miracle in Africa!
"Respected Minister, distinguished guests, friends," Adebayor began in fluent English.
"Today we will witness a significant step in Transsion's globalization strategy: the official launch of the Mauritius manufacturing base project."
A round of applause erupted from the audience. The Director of the Investment Promotion Agency, in particular, clapped so much that his movements were almost blurry.
God knows how excited he was when he got the news.
This is an investment from a tech company! And not a highly polluting tech company at that. Although it's just an assembly plant, it's already exciting him enough.
As for any requirements, there are none; keeping this "big father" is the most important thing.
"The total investment in this factory is estimated at about US$5000 million. The instrument factory will start production in June next year, with an estimated annual output of 300 million mobile phones."
It created 1500 jobs.
"This means that 1500 families will no longer need to leave their hometowns and can become wealthy locally."