Reinventing the Millennium

After the Spring Festival, many matters jumped into Fang Zhuo's hands. The first one was the listing of ice core in Hong Kong.

On the ninth day of the Lunar New Year, the listing process of the Hong Kong Stock Exchange entered the hearing stage, which lasted for two to three days. As long as these few days passed, what was left was about a week of road shows and about two weeks of IPO.

In other words, around mid-March, the ice core will be officially launched.

Because of the news about 28nm, the expectations of some institutions have been raised, and they believe that the bleeding market of ice core has changed from heavy bleeding to medium-term.

On February 21, Fang Zhuo hosted Yike’s offline global executive meeting in Shanghai and talked about this year’s new products.

Once there is a breakthrough on the ice core side, the first thing to be imported will naturally be the Yike chip, and this time it will be loaded onto the "Kingshi 2" tablet that has been waiting for a long time.

Throughout last year, the global demand for tablets has increased significantly, but Yike did not participate in it. Now it is time to make up for this link.

However, before talking about new products, he officially announced the adjustment of the company's structure and welcomed the arrival of former Microsoft Senior Vice President Zhang Yaqin.

"The company established the emerging industry business group EBG, hoping to expand the market and lay out the future through the transformation of our R\u0026D technology. Dr. Zhang Yaqin is the president of our EBG. At the same time, he is also the vice president of our YWS and will work with Dr. Wang Jian. Grow our cloud business globally.”

"Welcome Dr. Zhang Yaqin."

Yike has added a new business group, EBG, and poached a vice president from Microsoft to focus on the future.

This has been communicated to the decision-making level in advance, including the business scope and power transfer that Qi He was previously responsible for. However, some people who came to the meeting today still just understood it.

Following Fang Zhuo's applause, Zhang Yaqin, who flew back to China from the United States, delivered a speech on taking office, focusing on his integration of big data, cloud computing, and artificial intelligence.

Big data comes from the business layer, cloud computing is mainly To B, and artificial intelligence is the deep learning at the forefront of Silicon Valley.

The addition of a new president of the business group will inevitably bring new opportunities within the company. It is impossible for Zhang Yaqin to be a polished commander, which made some people at the meeting think.

Take the now prosperous YWS cloud computing business group. Before it was upgraded, it was under the umbrella of YMS. And this EBG has been in place in one step, which shows that Mr. Fang still has high expectations.

However, big data + cloud computing + artificial intelligence, this combination and cutting-edge implementation will not take long, and there are also many risks.

After Zhang Yaqin's first speech within Yike was over, Fang Zhuo talked about suggestions from within, and one of his naming moves made many people wonder about the situation.

What's going on with Mr. Qi?

The European cloud business was assigned to the new president. Why is it being criticized again?

"One thing about Yipay was discussed at the general office meeting a year ago. Someone, well, Mr. Qi from YMS hopes to create a new ecosystem with finance as the core fulcrum by focusing on the payment link."

With the rapid growth of Yixin, Yipay is also rising, getting rid of the embarrassment of only existing in the radiation circle of Yiguo in the past, and officially rivaling its competitor Alipay.

Moreover, the development of O2O business has given full play to the convenience of Yipay, which has been regarded as a successful business breakthrough by many observation media.

Qi He therefore proposed an ecological layout to advance finance through payment.

"In recent years, smartphones have developed rapidly, which has given rise to many new opportunities, and we at Yike can intervene in many fields with the help of hardware development."

"Do you want to do finance? Do it."

"Is it necessary to do something big and special? Is it necessary to use it as the core fulcrum to create a new ecology as Mr. Qi said? I think it is not necessary."

"If users have needs, just do it. Yipay is a tool, and Yike's goal is just to become a high-tech company with a moat."

"We must use our technological advantages to support the development of new businesses."

Fang Zhuo did not give up on Yipay, but clearly opposed the "core pivot" and "new ecology" concepts proposed by Qi He.

This kind of clarity makes people, especially the executives present in the YMS business group, a little uneasy. This statement was first discussed in the business group... How come this year, after the Spring Festival, it was like a bucket of cold water...

Qi He's expression did not change when he was named. Mr. Fang had objected in the previous general office meeting. This time he just expressed his attitude more clearly, and this was consistent.

Don’t financialize, still instrumentalize.

But in fact...it does contain a lot of growth opportunities...

Qi He has no temper. He obeys the strategic decisions of his boss, keeps Yipay as a tool, does not engage in cutting-edge exploration, and only follows the development of the industry to a certain extent.

His only regret is that he cannot solidify Yike's reputation as "the best mobile finance company".

Thinking about it this way, the boss is so conservative in his own company even though he is doing it on Nasdaq...

Qi He also spoke immediately after Mr. Fang, which was a bit self-critical, but then turned to the specific YMS ecological development, talking about the current confrontation with Duji in different fields, and believed that there will be great development this year. One year.

The presidents of the two major business groups have spoken out one after another, and the remaining two business groups will inevitably have to talk about development at the beginning of this year.

Only then did Fang Zhuo mention the hardware performance improvements brought by 28nm and the "Gaishi 2" tablet that will be launched on the market in the first half of the year, and gave a detailed introduction to Yu Hong.

Yike will hold a press conference in March. At that time, Yu Hong, Wang Jian, Elder and others will jointly release new software and hardware products, and by the way, the company will establish the format of two press conferences in a year.

Yu Hong is very excited because the ZR04 equipped on "Gasgoo 2" not only uses the advanced 28nm process, but also is the first generation processor in the family of chips to use the Armv8 64-bit instruction set.

The combination of these two will make it very top-notch globally, and I believe it will attract a lot of attention to the new tablet.

As the chip continues to be optimized, a better hardware foundation will be created for the flagship Mars in the second half of the year.

"What is a pity now is that our Mars 6 Pro is still unable to be shipped on a large scale due to Sharp's screen production capacity. As of the New Year, our Pro version has sold 6.2 million units globally, and there is still a lot of room for growth in the future. "

Yu Hong highlighted the situation of the radically designed Pro version. Basically, each major channel sells one, but Sharp can't really improve it and can only leave it at that.

The last person to speak on behalf of the R\u0026D business group RDG was Vice President Elder. Although Xu Keden is the nominal president of the business group, he is now responsible for many tasks. Many technology R\u0026D integrations in Silicon Valley have relatively high requirements. Xu Keden Part of Deng’s work last year turned to the cooperation between Shanghai R\u0026D Center and Silicon Valley.

The high-level meeting on the 21st lasted for most of the day, mainly discussing the development strategies of the company as a whole and each major business group this year.

After the meeting, Fang Zhuo specifically named several senior executives to communicate with the new Zhang Yaqin, responsible for coordinating the resources and work of the new business group. EBG will set aside some technology research and development projects.

The big pot meal in the evening brings together executives from all over the world, which is also a rare offline meeting and exchange.

At the end of the day, Fang Zhuo briefly chatted with Qi He and temporarily arranged an extra job for him.

"There will be an interview with the Securities Journal at the company tomorrow. Please take the time to come with me at ten o'clock in the morning."

"You must emphasize payment finance today. Otherwise, if I let go, the company will rapidly expand from top to bottom, and the domestic supervision of this area will not be able to keep up. I don't know what will happen in the end."

"Yike's development is already very fast. Don't make us confused."

Fang Zhuo mentioned his thoughts.

"Yes, Mr. Fang, I understand!" Qi He nodded without any dissatisfaction, "The biggest goal of YMS is the continued development of the company as a whole."

Fang Zhuo said "hmm", indicating that this was the end of the exchange between the two.

The next day, Yike's president's office accepted an interview with the China Securities Journal. This is an old friend of the media. We had communicated with him beforehand and would not discuss the ice core situation.

Even so, the reporter couldn't help but ask a peripheral question.

"Mr. Fang, will Ice Core's 28nm process receive many inquiries from customers?"

Coincidentally, as soon as the reporter finished speaking, Fang Zhuo's mobile phone received a call from NVIDIA head Jensen Huang, who was discussing the ice core order.

Yike cooperated with NVIDIA in various aspects last year. In addition to NVIDIA's mobile phone chips, it also purchased its GPU chips for deep learning.

but……

"Mr. Huang, Lao Huang, I'm not telling you that the response to your mobile phone chip is really not good. After the Conexian mobile phone is made, the heat dissipation cannot keep up, and it cannot be used at all. There is a fundamental structural problem, right?"

Fang Zhuo signaled to suspend the interview and asked Liu Zonghong to call Qi He in advance.

"Mr. Fang, you are stubborn after developing 28nm. Ours can be optimized." Huang Renxun was half-jokingly dissatisfied.

Last year, because of the public opinion about Bingxin, he helped out and publicly opposed the restrictions. However, a cooperation agreement with Yike has not been implemented. Conson's mobile phones have tactfully refused to use Nvidia's quad-core chips several times.

"Then let's wait for optimization." Fang Zhuo couldn't force it.

"Mr. Fang has pulled up his pants now." Huang Renxun complained, "We can't always suffer a loss, and we can't place orders for ice cores."

"Mr. Huang, I have to say something sincerely. You can really ask the reporter first. Their production capacity will increase faster." Fang Zhuo advised from the perspective of a friend.

"Do you think I haven't asked?" Huang Renxun said, "The queue there will be until the second half of the year."

There are only a few companies that can do 28nm, and their production capacity has been split. Samsung is not a serious foundry yet. Nvidia’s previous cooperation with Ice Core was not that high, but at least there is still cooperation.

Therefore, Huang Renxun’s first choice is to find Bing Xin after Taiwan Records.

"I'll ask Mr. Qiu again and I'll get back to you by the weekend at the latest." Fang Zhuo couldn't refuse anymore and spoke slowly.

When he ended the call, he spread his hands to the reporter and said with a smile: "You heard it, there are many order intentions, but we really can't implement many."

The reporter heard this and intuitively felt the intensity of advanced production capacity.

Bingxin has already started to help Taiwan journalists introduce customers!

"Come on, Mr. Qi knows our domestic business very well. People call him the 'little CEO'." Fang Zhuo smiled and pointed to Qi He at the reporter.

The reporter naturally knows Qi He. Yike's "sick CEO" was out of the industry last year because of a dispute with Du Ji, so he is also a good interview target.

"Mr. Qi, Mr. Fang just said that Yike's domestic business will have great development this year. Does this also include competition with Duji in search?" The reporter asked President Qi directly.

The little CEO Qi He consciously took the candy given by Mr. Fang and said with a smile: "Actually, we are not directly competing with Duji's search. Moreover, the competition in this area is long-term. This year... How should I put it? I think because The company’s actions have allowed Duji’s advertising to shift from PC to mobile, which is already a great progress.”

The reporter keenly grasped the key point: "From PC to mobile? Is Mr. Qi referring to medical advertising?"

"We have noticed that Duji seems to have changed the way advertising is delivered. It has to be said that the mobile terminal can indeed deliver more covertly and accurately." Qi He found it a bit funny when he talked about this, "Duji's advertising strategy has changed. But this has strengthened my confidence, and I hope we can see a qualitative change this year."

Previously, Duji announced a reduction in medical advertising and also cleaned up tens of millions of promotional messages.

However, years ago and after, Yike discovered that things did not seem to be that simple, or, to put it simply, Duji's advertising strategy became more cunning.

Now facing the media, Qi He exposed this point without hesitation.

The reporter was quite shocked after hearing this. Duji's previous statements showed that it had a very firm attitude...

He was silent for a while, intending to verify it carefully before reporting.

"Mr. Qi, yesterday Morningstar Semiconductor announced a technical cooperation with Yike. Is this the official entry of Yike into competition in the chip design market?" The reporter mentioned the latest news.

After Morningstar Semiconductor was delisted from the Hong Kong stock market, it came back to life and launched the "Morning Light" series of mobile phone chips. After more than a year of verification, it has gradually become more popular.

Yike is regarded as the "mastermind behind the scenes." Yesterday, Morningstar Semiconductor announced its cooperation with Yike. This seems to be the black hand coming from behind the scenes to the stage, which has attracted some attention.

If Yike really liberalizes chip design, the entire chip market may change from top to bottom.

Qi He turned his head and glanced at the boss who was drinking tea. He really didn't know the goal in this regard.

"For regular cooperation, Morningstar Semiconductor has good technical strength, and Yike is open to domestic technology cooperation." Fang Zhuo gave a serious explanation, "In this regard, it's like... DJI, do you know? Yike also cooperates with companies like it and can provide chip solutions."

The reporter nodded doubtfully.

He posed another question: "Mr. Fang, Mr. Qi, the stock market has rebounded today. What kind of encouragement do you have for our domestic investors?"

When Fang Zhuo and Qi He heard this question, they looked at each other.

This year the stock market opened at 2289.51 points, which encourages...

The non-still picture passed for a while.

"You asked a very challenging question, haha." Fang Zhuo said with a smile, "Mr. Qi, come on."

Qi He accepted the order, held it in for a while, and said: "Well, well, well, our domestic investors are so noble."