rebirth of cataclysm

Chen Xuesheng himself is a small shareholder in Pengbo Electronics, and he has no decision-making power. Moreover, as he said, Hu Mingchen invested a lot of extra money into the company and did not adjust the company's share structure.

Without Hu Mingchen’s persistence and selfless dedication, there would never have been a product like iPeng, let alone someone investing a billion dollars.

If nothing else, with the billion dollars invested by Schultz, Chen Xuesheng is already a veritable billionaire. He can even choose to sell all his shares to Schultz and then sit on billions

Live a happy life with money.

Since everything was brought about by Hu Mingchen, Chen Xuesheng actually didn't have much leverage to resist.

On the contrary, Chen Xuesheng was so cooperative and easy to talk to. According to Hu Mingchen's personality, it was difficult for him to make a move. At least he could not appear unfair to Chen Xuesheng.

After the capital injection adjustment, Chen Xuesheng's own share was 15%, and now he wanted to give up 12% to Schultz. After some discussion between the two, Chen Xuesheng gave up 3 percentage points, and Hu Mingchen gave up 3%.

Nine percentage points. After such adjustment, Chen Xuesheng's shareholding is as much as Schultz's, 12%, and Hu Mingchen's 76%, still the largest shareholder.

Schultz and his party stayed in Mingzhu for a total of four days, and then transferred to Pengcheng for one day. The cooperation agreement was signed in the company's conference room after visiting Pengbo Electronics.

After Schultz left China, his assistant Fred stayed and became the vice president of Pengbo Electronics. The original Pengbo Electronic Technology Co., Ltd. was also changed to Pengbo Electronics Group Co., Ltd., and the nature of the company also changed accordingly.

It became a Sino-foreign joint venture, and Chen Xuesheng officially changed from general manager to president of Pengbo Electronics Group.

Not long after Schultz returned to the United States, the Federal Telecommunications Commission's approval was passed because the subject of the application had changed from Pengbo Electronics to Best Buy.

With the addition of Best Buy, the development trend and momentum of Pengbo Electronics have indeed changed significantly. Not only has the market been opened up, but more importantly, the company's internal R&D investment and expanded production have been financially guaranteed.

Everyone from top to bottom has become confident.

While Chen Xuesheng was busy with production matters, he also seriously began to look for land to build a science park.

When they learned that Pengbo Electronics was going to build a science park, Hualong District took the initiative to come to the door. They had a piece of land of about 1,100 acres close to the city, seven kilometers away from the district, which they could provide to Pengbo Electronics Group.

The price is also relatively favorable.

Hu Mingchen had already returned to Liangcheng. After Chen Xuesheng reported this information to Hu Mingchen, Hu Mingchen carefully studied the land and felt that it was not suitable.

"Not suitable? That place is very good. I have visited it on the spot. It is only about 6.5 kilometers away from the city center. The land is relatively flat. You only need to use a bulldozer to flatten a small hill inside, and it can be used.

There are two highways, one horizontal and one vertical, and it's also close to Merrill Lynch Bus.

At the main station, there are more than 20 buses leading to the city and surrounding towns. By the way, there are also two large communities and an urban village nearby, which is more secure for employee accommodation." Chen Xuesheng responded to Hu Mingchen's rejection of this proposal in Hualong District.

Shan Yi felt a little surprised, so she quickly called Hu Mingchen.

In Chen Xuesheng's view, this place is really a geomantic treasure, with convenient transportation, close to the city, large enough area, and relatively complete facilities.

However, for Hu Mingchen, many of the advantages that Chen Xuesheng considered were just hidden shortcomings, but they have not yet been fully revealed.

"Uncle Chen, what you said is true, but it is not suitable for us. First of all, the area is 1,100 acres. If it is to build an ordinary industrial zone, then it is enough. But for us, it is far away.

It’s far from enough. The area we want must at least be doubled or even tripled. Secondly,

Transportation, the current transportation in that place is indeed convenient, but it is estimated that it will become a traffic jam node soon, especially when our science park is built, the place will be even more congested, because most of the Hualong District enters the city

Vehicles from the district will pass by. As for the ones given by Hualong District

The price is favorable, not to mention that even if it is 30 million per acre, this price is not something we can afford. Of course, if that place is used for commercial real estate development, then the price is indeed cheap, close to

The city center has convenient transportation. But we are not engaged in commercial real estate, we are engaged in real estate development.

As an international industry, we do not intend to use land to make money. As for the employee housing you mentioned, if there is enough area, we can build it ourselves. In addition, urban villages are everywhere in several surrounding cities, and various residential communities have sprung up like mushrooms after a spring rain.

There is no need to worry at all if you show up." Hu Mingchen explained to Chen Xuesheng.

"One hundred acres is still small? It needs to be doubled or tripled? Xiaochen, did we use such a large area?" Chen Xuesheng said in astonishment.

"Of course it will be used. Our future science park will have more than 100,000 people working there. Do you think two to three thousand acres of land is too big? Besides, our park must have a beautiful environment, so the green area will not

Xiao. If you don't have a suitable area in Pengcheng, then look for it in the surrounding areas. Anyway, it's nothing if you drive for two or three hours. At this stage, our funds are not enough, so the cheaper the land price, the better.

"Hu Mingchen said.

Chen Xuesheng was stunned when he heard that the park that Hu Mingchen wanted would have over 100,000 jobs. Isn't this a big step? Can Pengbo Electronics develop to that scale? Also, does Pengbo Electronics need to build so many projects?

Worker?

Hu Mingchen did not tell Chen Xuesheng. If Hu Mingchen told him that these 100,000 people were not workers at all, but mainly researchers, I am afraid he would be even crazier.

When Pengbo Electronics received a billion-dollar capital injection, the company did not immediately publicize it to the outside world. Instead, the company's media and public relations department officially announced it to the outside world after it obtained the U.S. access permit.

And careful people will find that as Pengbo Electronics approaches the end of the year, all kinds of promotional content suddenly increase, not only at home, but also abroad, especially on the Internet. There are a lot of information about ipeng popping up every day.

This product and positive news from Pengbo Electronics Group.

In order to cope with the heavy media and public relations work, the staff of this department has expanded from a dozen people at the beginning to more than fifty people, and almost half of them have overseas study experience.

In this department, not only do they need to be proficient in general English, but they also need to speak other languages, such as Japanese, Spanish, French, etc. Some of the promotional content is concocted by themselves, and some are paid to hire local experts.

Produced by the company.

During this period, the entire Pengbo Electronics was in the midst of rapid growth. The staff of almost all departments had expanded several times, including the finance department. Work that could be completed by a few people in the past, with the expansion of capital flows, various expenditures

With the increase in complexity and complexity, the financial staff has also expanded six times.

This is still the case when Pengbo Electronics cannot provide so many office conditions. If they had enough office space now, then the expanded scale would be even more unimaginable.

Pengbo Electronics has become the largest company in the industrial park where Pengbo Electronics is currently located. As long as there are vacant factories or office buildings in the park, they will rent them immediately and put them into use immediately after simple decoration.

.

After four months of continuous improvement and rectification, the ipeng product has been almost perfected. Although it is still far from Hu Mingchen's imagination, at least after consumers purchase it, there is no problem in normal use.

The first batch of 500 mobile phone products produced by the company has been provided free of charge to various testing institutions and media units.

Regarding these changes that have taken place in Pengbo Electronics, two companies have been paying attention, one is Vanity Company and the other is Apple.

When he learned that media units and evaluation agencies had received prototypes from Pengbo Electronics, Guo Mingli knew that Pengbo Electronics would be shipping soon.

At this time, Vanity Company had also adjusted its production lines and completed the dredging of the market with the help of previous channels.

Hu Mingchen learned from Shao Yipeng that the early market positioning of Vanity Company was focused on East and Southeast Asia. Moreover, they used their production advantages to set the price of their products at US$349, which was completely less than Hu Mingchen and others.

One hundred and fifty dollars.

Guo Mingli has his own reasons for adopting such a price strategy. Because he already knows that Apple's price is lower than that of Pengbo Electronics, so if he wants to highlight his advantages, the most direct way is to start with price.

Guo Mingli's pricing has two purposes. First, the consumer groups in East and Southeast Asia. Except for a few countries and regions such as Japan and South Korea, the general consumption level is not high, so this price is easy to accept.

Secondly, he wants to highlight the unreasonable pricing of Hu Mingchen and others through low prices, and it is best to let consumers take negative boycott actions against them.

Of course, this price also has a lot to do with Guo Mingli's overall market strategy. He wants to seize the fast-growing Asian market. After consolidating this bridgehead, he will expand from the Asian market to Europe and the United States.

In other words, when Vanity launches its second-generation products for Europe and the United States, prices will rise accordingly.

Of course, although Hu Mingchen did some tricks in the product design of Vanity Company, he is not a fool. Although they did not invest huge efforts in research and development, they did not reverse test every detail and function of the product.

, but they have ensured that the products they make can be used.