My Fintech Empire

Many senior industry professionals almost unanimously believe that the MIX product launched by Xingyu Technology is at least five to ten years ahead of the head-mounted display terminals on the market. Such a technological gap is desperate for similar competing products.

If the starting price of Xingyu Technology's MIX head-mounted display terminal is very expensive, such as a unit price of 30,000 or 50,000 yuan, it can also offset a lot of pressure for other competing products, because such a price means that the sales volume of MIX will not be very high, and it is very good to sell hundreds of thousands of sets.

If the price does not come down, it will definitely be a niche product.

However, Qin Feng set the starting price of MIX at a crazy 10,000 yuan, which made countless industry insiders call it impossible. This price is too cheap compared to the product itself, and what is even more outrageous is that there is still profit!

You know, now a high-end smartphone has been sold for 7,000 to 8,000 yuan.

When Qin Feng just announced the price, many senior industry insiders thought that Xingyu Technology wanted to not make a profit or even pay money to increase sales and occupy market share. As a result, he personally said at the press conference that MIX can still make a profit at this price.

Not only is there a profit, but there is also a profit of about 15% to 20%. So the conservative estimate of the net profit margin should be about 6% to 8%, right?

As an industry insider, I know what this means. It means that when necessary, MIX can even have room for price reduction. As for the performance of this product, in 2017, let alone price reduction, even if the price is increased by 20%, it can still compete. The peers can't compete at all, let alone if the price is reduced again.

The related companies in this industry have personally felt the pressure from Xingyu Technology, which is quite powerless. The emergence of MIX has made many VR headset manufacturers say that they can't play at all.

As for MIX's series of leading-edge innovative technologies and interactive experiences, they don't know how to catch up, don't know where to catch up, and even the misaligned competition in cost-effectiveness can't play.

In the future, in the field of head-mounted display terminals, there will only be Xingyu Technology MIX series and others, and the products of other peer manufacturers can only be classified as "others".

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At the same time, the SGX on the capital market side is still open for trading, and Xingyu Technology's intraday trading shows that the stock price has not fluctuated at 23.15 yuan, because the stock has been capped at the upper limit more than half an hour ago, and this price is the upper limit price.

Xingyu Technology's market value has also reached a historical high of 637.29 billion yuan, and the market value of 6.37 trillion yuan is equivalent to more than 930 billion US dollars, and it is close to breaking through the trillion-dollar market value.

The capital market now basically unanimously believes that the first company in human history with a market value of more than one trillion US dollars will be created by Xingyu Technology. This trend is clear at the moment, and the launch of MIX will definitely bring Xingyu Technology to a trillion-dollar market value.

And in the long run, Xingyu Technology, which is listed on the SGX, is very likely to become the first company in the history of A-shares to have a market value of more than 10 trillion yuan.

Today, not only Xingyu Technology's stock price staged an elephant dance, but also those companies linked to the MIX conference, such as Matrix Quantum, Yixing Video, Game Box and other companies listed on the SGX, have seen varying degrees of growth, and the bottom line is also a medium-sized positive line.

These companies are not small-cap stocks, but big guys. In the elephant dance market, under the upward trend of those super large-cap stocks, the SGX 50 Index can't be suppressed at all, and it has soared all the way.

When this conference just started, when MIX was first unveiled, the market expected the release of STAR5 to fail, causing Xingyu Technology's stock price to dive, and also dragged down the overall trend of the SGX 50 Index, which once broke through 2200 points and dropped to 2188.98 points.

But as the conference progressed, when people began to exclaim "Wow" at MIX for the first time, Xingyu Technology's stock price in the capital market also ushered in a weak turn to strong within the day, and then it went all the way up until it closed the board limit.

The SGX 50 Index also fluctuated upward almost at the same time, regaining 2,200 points, and now it has once again reached the 2,300-point mark.

As of the close, the SGX 50 Index rose +4.50% with a long positive line with large volume, reporting 2,321.30 points. The SGX's full-day turnover was 402.9 billion, once again breaking through the 400 billion turnover mark, an increase of 124.3 billion over the previous trading day.

With this epic long positive line today, the SGX 50 Index only needs 3.78 percentage points to break through the historical top of 2,409.15 points.

Three trading days ago, the SGX 50 Index once broke through the 2,100-point mark, with the lowest point reaching 2,097.81 points. The range of decline from the historical top was close to 13 percentage points.

Now it only took four consecutive positive lines to rise from the bottom of 2,097.81 points, and has already created a range of +10.65% increase.

At this moment, many investors are regretting not buying the dip when the SGX 50 Index broke through the 2,100 point mark. Those who left the market there were so angry that they slapped their thighs. There may never be such a great opportunity to buy the dip in the future. This market will set new highs after every deep correction, at least it has been like this since the SGX opened.

In fact, many investment institutions have confirmed that 2097.81 points is the historical bottom of the NSE 50 Index. After this rise, it is impossible to fall back to this position. Not to mention the future development expectations of companies such as Xingyu Technology, they only start from another Based on this, it is determined that it will not fall back again.

That was Fang Hongfa’s Weibo post before. They vaguely remembered what he said in that article: Make way for the second phase of funding, including the future second phase of funding, which will also make way for the following three phases.

This shows that the Wealth Foundation will continue to carry out the relay and will continue to promote the "savings and relocation" plan in the future. This alone will make it difficult for the SGX 50 Index to fall back. In addition, the SGX market has Xingyu Technology, Matrix Quantum, etc. It is even more impossible if it is supported by core assets such as high-quality high-tech and high value-added profit enterprises.

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Two days later, Fang Hong came to the Xingyu Technology headquarters to meet with the company's head.

“Now that the time has gradually matured, we can consider taking our products overseas. Going global is another important development strategy for Xingyu Technology in the next five years. This is also in response to and in line with the country’s strategy of continuing to increase its opening up to the outside world. To maintain the same frequency and resonance, we must have this awareness, and we must stand firm and not lose our control," Fang Hong said while looking at Qin Feng.

It has been ten years since the establishment of Xingyu Technology. Over the years, the company has focused on the Greater China market and has never considered overseas international markets.

However, times have changed, and it is inevitable for Xingyu Technology to go global, and it cannot remain in the Greater China market forever.

Qin Feng thought for a moment and then said: "Speaking of which, I have also been paying attention to the European and American media reports on MIX in the past two days. Guess what? There is almost no sound, let alone any huge repercussions, which is incompatible with the domestic situation. It can be said to be quite different. Some technology bloggers on the Internet who discuss MIX have their views restricted or even deleted.”

Fang Hong smiled when he heard this, and then said calmly: "I have also noticed that the domestic MIX discussion is very popular but the international network is lukewarm. This is why I say that the time is ripe to go overseas. To a certain extent, this is also an obvious reason. Signal."

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