Rebirth began in 2004

The real big move of WeChat is Moments!

Of course, there is no need to rush to release it now. Once Moments was released, even Weibo became a useless product.

That’s not right. Weibo has always been very clear in its positioning. It is a topic square and a gathering place for gossip, as well as various big Vs.

In the circle of friends, you will get to know more friends.

In terms of positioning, WeChat itself mainly focuses on socializing with acquaintances. As for adding strangers?

After all, they are only a small minority.

Let the user play with the "nearby people" function for a while before talking about it.

The circle of friends function will be officially launched before the Spring Festival next year.

After a long chat, it was already ten o'clock in the evening.

Yang Hongmei: "It's getting late, Xiaoxiao, stop playing with your phone, turn off the lights and go to bed."

Yang Mengxiao is playing Xiaoxiaole. This game is a bit addictive.

Xiaoxiaole is logged in with a WeChat account. There is a WeChat friend ranking list, and there is also a regional ranking list.

Now Yang Mengxiao is ranked among the top 100 in Beijing.

As for why Yang Mengxiao is ranked among the top 100 in the capital, we must talk about Yang Mengxiao's banknote ability.

For other players, they rely on strength to pass the level.

As for Yang Mengxiao, if there is no way to pass the customs, then just spend money.

There is nothing wrong with the poor relying on themselves and the rich relying on technology.

Anyway, everyone had a great time.

Yang Mengxiao yawned: "Okay!"

Chen Wei looked around and was lightly slapped by Yang Hongmei: "Don't think about other things, sleep peacefully."

Chen Wei murmured in a low voice: "I don't want to, am I still a man?"

Although he wanted to, Chen Wei still went to sleep honestly.

Hengtong Electronics completed the change of shares in the next few days.

Chen Wei and Hengtong Group each hold 50% of the shares of Hengtong Electronics. Such a change in shares will have no impact on subsequent financing.

This financing of Hengtong Electronics has attracted many well-known investment institutions to invest.

For example, idg, Matrix Ventures, Jinshajiang Venture Capital, Sequoia, Hillhouse Investment, etc.

Even SoftBank is involved.

Of course, Hengtong Investment will not be absent.

Chen Wei also explained the next development plan of Hengtong Electronics.

The plan to develop self-developed chips makes investors somewhat worried. After all, chips are not easy to develop by oneself.

Chen Wei said that he has negotiated with Acorn Company about arm architecture authorization.

The purpose of self-developed chips is to enable Hengtong Electronics to release new products at its own pace and to make chips according to its own needs.

The purpose is to pursue the ultimate product experience.

The other thing is that Hengtong Electronics launched a new thousand-yuan mobile phone brand.

redo!

The new mobile phone brand is called this.

The English meaning is to redo.

By extension, it is to redefine the mobile phone market. The brand redo is to make smartphones affordable for people.

The redo smartphone uses a 3.5-inch screen, which is thicker than the uni1.

After all, there are so many things to put in it.

Redo will not use a metal body, but a plastic one.

As for the battery, it adopts a removable battery design.

In terms of hardware, redo has reduced costs to the extreme.

Try to use domestic hardware as much as possible. The quality will be slightly worse than imported ones, but the cost can't be justified!

Furthermore, with such a low price, I believe users will not have too high expectations for quality when buying.

How to say it!

Let’s first resolve the issue of whether or not.

Although domestic hardware is slightly inferior to imported hardware, this difference will not actually have much impact on the normal use of mobile phones.

Just like a car engine, a domestic engine can run 100,000 kilometers without any problems, while an imported engine can run 200,000 kilometers.

However, when a normal family buys a car, it only drives 10,000 kilometers a year, and it may not even cover 100,000 kilometers in ten years.

Many people replace their cars after five or six years, and the life of the engine has not yet expired.

Mobile phones are fast-moving electronic products and are basically replaced within a year or two.

This simply doesn't extend the life of the hardware.

Hengtong Electronics' valuation of US$6 billion is recognized by most investment companies and they also believe in Chen Wei's ability. Under Chen Wei's leadership, Hengtong Electronics will surely achieve rapid development.

Chen Wei has made it clear that Hengtong Electronics will go public at the appropriate time.

Isn’t it that everyone invests so that when the company develops to a certain level, it can be listed on the market, and then everyone can cash out and leave?

A total of one billion US dollars has been raised, and together with Hengtong Investment, a total of fifteen investment companies have invested in Hengtong Investment.

In addition, Chen Wei and Hengtong Group each gave 2.5% of their shares as rewards to the Hengtong Electronics management team and R&D team.

This is quite a lot.

In this case, Chen Wei and Hengtong Group together hold 80.7% of the shares of Hengtong Electronics.

Chen Wei actually doesn't care about holding so many shares.

As for shares, absolute controlling rights are enough. 51% is enough to absolutely control a company.

Moreover, some companies now design their equity into an AB share model.

By separating the voting rights separately, even if you hold a small share of the company, you can still ensure that the founder has absolute control over the company.

The main reason is that in the past, many companies have directly kicked the founders out of the company.

Let’s not talk about it internationally, but domestically, Jiulang is in this situation.

After something like this happens, it will definitely make founders of other companies feel wary and have to take warning.

"Next year, if there is another round of financing, Hengtong Electronics' valuation should be able to reach more than 20 billion US dollars."

"In the year after next, Hengtong Electronics can raise another round of financing and go public directly in 2012 or 2013."

Chen Wei stretched himself: "In the year after next, Hengtong Electronics should be able to use the chips it designed."

Yang Hongmei: "Now, you should think about the chip R&D team!"

Chen Wei originally wanted to cooperate with Zhongwei HiSilicon, but after thinking about it, he gave up.

There is no problem in communicating and cooperating on technology, but it is not appropriate to work together to develop chips.

A very simple matter, the question of who is in charge.

"We are already poaching people."

Acquire a chip R&D team?

Hengtong Electronics is ready to re-establish the previous one.

To be honest, domestic chip R&D talents are relatively lacking.

But it's lacking, which doesn't mean it's not there.

It can only be said that there are currently very few domestic funds invested in chip research and development.

The chip industry fund will not be established until four years later.

Life for chip developers is not easy right now.

The first is the limited funds, and the other is the treatment.

No normal person would refuse the olive branch offered by Hengtong Electronics.

Sufficient funds, super high treatment, and ideals!

No one will say no.