Chapter 858 Six Major Business Groups

  After listening to the high-level meeting of Fuxing Mobile, Li Guangnan was very satisfied and left happily.

  As CFO and vice president of investment, Deng Yuanyun is in charge of the company's money bag. He worriedly knocked on the door of Xia Jingxing's office.

   "Mr. Xia, how can we have the money to do semiconductors now? I'm not saying no, we must do it, but we can only do it later."

  Xia Jingxing smiled and said, "Old Deng, are you telling me tongue twisters? Sit down, don’t be so excited."

  Deng Yuanyun shook his head and burst into laughter. Being interrupted like this made his heart less anxious.

   "Mr. Xia, I'm not kidding."

  Across a desk, Deng Yuanyun sat down opposite Xia Jingxing and looked at the young and high-spirited boss. He felt it necessary to have a good conversation with the boss, otherwise the good situation would be ruined.

  "Semiconductors are very important, they are the core components of mobile phones, and it’s best to be in our own hands. That’s right!"

  Deng Yuanyun spread his hands, "But we have no money right now, and mobile phones have not yet been officially launched. It's better to wait for two or three years for the sales of mobile phones to generate a certain amount of stable revenue."

  Xia Jingxing smiled, what Deng Yuanyun said was actually an old-fashioned remark that he started to make chips without selling any mobile phones.

  Whether it is Wisdom Fruit, Huawei, or Xiaomi, which has been frustrated in the development of surging chips, it is only after a certain period of mobile phone sales that they start to develop their own chips from the perspective of a stable industrial chain.

  However, Fuxing Mobile is different from these companies. It has a stronger determination to make cores and a stable blood vessel.

  Xia Jingxing has not talked with Deng Yuanyun about his views on semiconductors and the draft development strategy. Taking advantage of this opportunity, he told the other party everything, including the two 100 billion-scale integrated circuit industry funds that Envision Capital intends to initiate.

   "Mr. Xia, can Envision Capital raise so much capital?"

  Deng Yuanyun was dubious. He knew that the boss had money, but he didn’t... he was so rich that he could spend nearly 200 billion at will.

   "After this year, the problem is not big."

  Xia Jingxing faintly replied that his various industries operate independently, and the short-selling of subprime mortgages is only known by the Vision Capital US team that participated in person, and it is limited to the hedge fund department.

  "If you have so much money, then you can try it."

Seeing that Xia Jingxing was unwilling to discuss this matter in depth, Deng Yuanyun did not ask any more questions, and instead began to analyze the semiconductor industry.

  "We can design the chip ourselves and hand over the manufacturing to the foundry."

  Xia Jingxing shook his head, "We have to control the entire industry chain, either by ourselves or by investing, and we cannot rely on outsiders."

  Deng Yuanyun was taken aback for a moment, and then said: "Is the plan too... big?"

  "The Fuxing Industry Group can afford it. At present, only mobile phones, drones and a few home appliance companies have been included in the group system. More companies will join in the future.

  Your next task is to integrate the various business sectors of the group and prepare for the establishment of a semiconductor company. "

  The various business sectors of the Renaissance Industry have always been loose. Taking advantage of the opportunity to enter the semiconductor field, Xia Jingxing intends to truly integrate all resources and gather strength to form a fist.

  "With mobile phone companies as the core?" Deng Yuanyun asked tentatively.

   "You'll find out in two days."

  …………

  …………

  Two days later.

  ATL Liang Shaokang, Chen Tanghua, CATL Zeng Qun, DJI Wang Tao, Li Zexiang, Skyworth Zhang Xuebing, and executives from Supor, Kelon, Rongsheng, Little Swan, Xiaoxiong Electric and other enterprises came to the headquarters of Beijing Fuxing Industrial Group.

  The headquarters of Fuxing Industry Group is not far from Fuxing Mobile, but the scale is much smaller. It only rents one office building, which looks empty, with only a dozen employees working. It looks shabby and shabby.

  The number of senior executives who came to attend the meeting was as many as dozens, which is more than the headquarter employees.

  A group of people came to the meeting room and took their seats one after another. The ten-meter-long meeting table was suddenly full.

  Xia Jingxing sat at the top of the room and smiled and said, “Calling everyone here today, I believe everyone has some guesses in their hearts.

  As everyone thinks, all the companies represented here will be integrated into the Fuxing Industry Holding Group system. "

  Guessing belongs to guessing. When the news is true, some corporate executives who have not yet joined the Fuxing Industry Group can't help but look at me. I look at you, and their expressions are a little surprised.

  Xia Jingxing continued: “China’s industry, especially high-end manufacturing, has always been large but not strong. There are many reasons for this. The biggest reason is that the financial strength is not strong enough, and the technical strength is not strong enough.

  Now, Fuxing Industrial Group is willing to stand up a banner to integrate the domestic high-end manufacturing industry, with five fingers clenched into one punch, and to become a world-class manufacturer in many fields.

  Our ultimate goal is to surpass South Korea’s Samsung and Germany’s Siemens and become a pioneer in the revival of national technology!

  Okay, I won’t say anything extra..."

  Xia Jingxing looked at Li Ying, who was sitting on her left side, and said, “Mr. Li, you come to read the orders of the group headquarters!”

  Li Ying nodded, stood up, holding the document in her hand, and said: "Fuxing Industrial Holding Group plans as follows."

   "It is planned to establish a Fuxing e-commerce company to operate an e-commerce website that sells all products of the group-Fuxing Mall."

  "It is planned to establish a Fuxing Internet of Things company to develop an Internet of Things operating system."

   "It is planned to establish Fuxing Semiconductor Company to engage in semiconductor design, manufacturing, packaging and testing and other process links."

  "It is planned to establish Fuxing Automobile Company to engage in the research and development and manufacturing of new energy vehicles."

  ……

   Li Ying reported the names of more than a dozen companies in one go. Many people in the audience grew their mouths. At the same time, they couldn't help but raise a question in their hearts. If they entered so many fields at once, wouldn't it be a shell company?

   "Supor kitchen appliances, Xiaoxiong electrical appliances, Kelon air conditioners, Rongsheng refrigerators, Little Swan washing machines, and Skyworth TVs are divided into the smart home appliance business group, and Li Ying is the president of the business group."

   "ATL, CTAL and Fuxing Solar are divided into energy business groups, with Zeng Qianqun as the president of the business groups."

   "Fuxing mobile phones and newly registered Fuxing computers (tablets), Fuxing watches, Fuxing glasses, Fuxing speakers and other companies are divided into the consumer electronics business group, and Lin Bing is the president of the business group."

   "DJI UAV, newly registered DJI Electric Aircraft, DJI Flying Car and other companies are divided into the aerospace business group, with Li Zexiang as the president of the business group."

   "Sunco Real Estate, Fuxing Mall, Fuxing Internet of Things, Fuxing Automobile and other companies form an innovative business group, and the president is temporarily vacant."

  "Renaissance semiconductor companies have formed a semiconductor business group together, and the president is temporarily vacant."

Li Ying closed the document and said in a concluding speech: "After the integration, dozens of first-tier subsidiaries of Fuxing Industry Holding Group will form six major businesses including smart home appliances, energy, consumer electronics, aerospace, semiconductors, and innovative businesses. group."

  (End of this chapter)