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1. National technology broke 500 million Black Swan investment partners have been reported missing;
Sina Financial News November 29 news, National Technology evening announcement that the company has invested 500 million yuan and the former flag Qi Long set up under the cooperation of Beijing Qi Long set up industry investment funds, the current flag Qian Long and Beijing Qilong relevant personnel Lost contact, the company on the night of November 28 report to the public security organs, the stock opened on November 29 from the suspension.
Message surface:
On November 28, the concept of chip concept rose sharply. On the 28th, the opening of National Technology surged 7% and closed 9.97% higher at 15.66 yuan. The stock price also hit a new high in 1 month.
With notice:
All members of the Company and the Board of Directors hereby guarantee that the contents of the announcement are true, accurate and complete and that there are no false records, misleading statements or material omissions in the announcement.
National Technology Co., Ltd. (hereinafter referred to as 'National Technology' or 'the Company') disclosed the Notice of Progress on Using Wealthy Own Funds to Buy Wealth Management Products (Announcement No .: 2014-067) on November 28, 2014 and the Company used Idle funds of 200 million yuan to buy a steady share of the fund products of Shenzhen Qianhai Qi Long Fund Management Co., Ltd. (hereinafter referred to as 'Qianhai Qi Long') to the end of the fund's life in November 2016, to recover the investment and obtain the expected income.
In order to promote strategic acquisitions and business breakthroughs of the Company, Beijing Qilong Pharmaceutical Holdings Co., Ltd. (hereinafter referred to as' Beijing Qilong), a subsidiary of Qianhai Flag Long that focuses on industrial investment, in view of its investment cooperation with Qianhai Flag Long, ') To establish an industrial investment fund in cooperation with Shenzhen Qianhai Guomin Investment Management Co., Ltd. (hereinafter referred to as' National Investment'), a wholly-owned subsidiary of the Company. On November 9, 2015, it was disclosed that "Wholly-owned Subsidiaries Participate in the Establishment of Industrial Investment Fund (Announcement No .: 2015-075) and for the first time, National Investment invested RMB 300 million into the establishment of Shenzhen Guotai Qi Xing Industry Investment Fund Management Center (Limited Partnership) (hereinafter referred to as 'Shenzhen Guotai');
Beijing Qilong is a general partner and an executive partner. The executive partner independently manages the day-to-day operations of the partnership and makes independent decisions on the investment business of the partner. No limited partner may participate in or intervene.
After the founding of Shenzhen Cathay Pacific, the Company actively sought for emerging high-quality growth enterprise projects in the technology, pharmaceutical and other industries. As the proposed project was pushed forward, the Company decided to increase its investment amount. On March 2, 2016, Proposal on Investment in Shenzhen Guotai Qi Xing Industry Investment Fund Management Center "(Announcement No .: 2016-016), National Investment has increased its investment in Shenzhen Guotai by 200 million yuan and National Investment has invested a total of 500 million yuan; Executive Managing Partner Independent Management Partnership The day-to-day operation of the company, and the investment business of the partnership independent decision-making, limited partners are not allowed to participate and intervene.
Shenzhen Guotai executed cash management and made a profit in 2016. On December 24, 2016, "Announcement on Dividends Received by Industry Wholly-owned Subsidiaries Received by the Wholly-owned Subsidiary" (Announcement No .: 2016-051) was released and National Investment received Shenzhen Cathay Pacific Dividend 5000 Million.
At present, Qianhai flag Long, Beijing Qilong related personnel lost contact, the company on the evening of November 28, 2017 has been arranged for the emergency report to the public security organs, as of this announcement, the company has not yet received notice of whether the public security organ to be put on record .
In view of the uncertainty of the matter, in order to safeguard the interests of investors, to avoid abnormal fluctuations in the company's stock price, according to << Shenzhen Stock Exchange GEM Listing Rules >>, << GEM Disclosure Business Memorandum No. 22: Resumption of Business ", upon the application of the Company to the Shenzhen Stock Exchange, the shares of the Company will be suspended from the morning of November 29, 2017 (Wednesday) with the suspension period not exceeding 5 trading days.
During the suspension, the Company will timely fulfill its obligation of information disclosure in accordance with the progress of the major events and in accordance with the provisions and requirements of the relevant laws and regulations. Please note that the majority of investors pay attention to and pay attention to the investment risks.
Special announcement.
National Technology Co., Ltd. board of directors
2. The private equity fund lost five million national technology investment to fetch?
Hello, everyone, tonight listed companies out of unitary moths.
Do you still remember the 2014 Zhangzidao (7.91 + 0.51% clinic) scallop?
At that time Zhangzidao disclosure three quarterly results of the company 'big face' from profit to loss of about 812 million yuan 105 million mu of marine ranch natural disasters encountered cold and cold north of the Yellow Sea low temperature and temperature, Zhangzidao shrimp scallop suffered Drowned, worth 734 million yuan at the end of the broadcast squid scallop inventory to give up the capture, verification processing.Agricultural analysts are shocked.
Tonight, there was a similar piracy incident.
Investors and financial big V have been shocked.
Things are like this.
National Technology: invested heavily involved in the loss of staff involved 500 million yuan invested
Tonight, listed company National Technology (SZ.300077) issued a notice to explain the reason for suspension today: its subsidiary and the private equity Jian Qi Long before the establishment of industrial investment funds - Shenzhen Cathay Pacific, a total investment of 500 million yuan after the former Relevant personnel of Seagrass lost contact, so the company applied for suspension.
It is understood that Shenzhen Qianhai Qi Long Fund Management Co., Ltd. (hereinafter referred to as 'Qianhai flag Long') well-known private placement in the industry, the current filing of 14 products in the association.
1, invested 500 million, the former flag was lost
National Technology, said the original was to promote the company's strategic acquisitions and business breakthroughs, the company's wholly-owned subsidiary of Shenzhen Qianhai Guomin Investment Management Co., Ltd. (hereinafter referred to as 'national investment'), in 2015 and Qianhai flag Long under the focus Shenzhen Qilong Pharmaceutical Holding Co., Ltd. (hereinafter referred to as "Beijing Qilong"), a subsidiary of the industrial investment, has set up an industrial investment fund: Shenzhen Guotai Qi Xing Industrial Investment Fund Management Center (Limited Partnership), hereinafter referred to as 'Shenzhen Cathay Pacific'.
November 9, 2015 Announcement:
National Investment for the first time invested 300 million yuan to participate in the establishment of a limited partner.
Beijing Qilong is an ordinary partner and an executive partner. It manages the daily operation of the partnership enterprise independently and makes independent decisions on the investment business of the partnership enterprise. No limited partner may participate in or interfere with the operation.
After Shenzhen Cathay Pacific was established, it actively sought for emerging high-quality growth enterprise projects in such industries as technology, medicine, etc. In 2016, therefore, National Investment increased the investment amount of 200 million yuan to Shenzhen Cathay Pacific Co., Ltd. At this point, the national investment has invested a total of 500 million yuan.
March 2, 2016 Announcement:
In this investment of up to 500 million yuan, the national technology only received 50 million yuan on December 22, 2016.
Then, at present, Qianhai flag Long, Beijing Qilong related personnel lost contact.
National Technology said it had arranged for an emergency report to the public security organ on the night of November 28, 2017. As of the announcement of this announcement, the company has not yet received notice of whether the public security organ should file a case.
2, previously bought 200 million yuan Qianhai flag Long product, earned at least 26,845,000
Of course, National Technology said it did not choose Qianhai Qianlong as a partner.
As early as 2014, the Company used its idle fund of RMB200 million to buy a steady share of the former Haiqi Long fund products until the end of the fund's life in November 2016 to recover the investment and achieve the expected return.
According to the basic annual rate of return of 6.5% at the time of the announcement, China National Technology won 26,845,000 yuan in this investment.
Announcement on Progress of Purchasing Wealth Management Products Using Idle Self-owned Funds on November 28, 2014:
Shocked! This private equity fund lost its stake in the national technology investment of 500 million to fiddle with holders and shareholders of listed companies have panic
In view of the basis of this cooperation, I feel that Qianhaiqi Longyao, so follow-up with 500 million yuan of cooperation.
Before the flag Qianlong still 14 products in operation
In the CASPA data show that the current number of products for Qianqi Long record 14.
The data in the three-party platform, the company's product information, the latest update date is November 5.
It is understood that Qianhai Qianlong chairman and chairman of investment decision-making on behalf of Xuefeng is a medical professional background, and has done a professional doctor, coupled with his medical field has more than 20 years of investment experience.
The fund you pay attention to behalf of Xuefeng's circle of friends, his last public statement is on November 11.
On behalf of Xuefeng its people
According to media reports earlier, in 1994, when Dai Xuefeng was still a medical student, he was brought to 'Hongmiaozi', a well-known over-the-counter market in Chengdu, where he found his interest in investment. In 2003 he came He went to Shenzhen and worked in domestic brokerages, overseas brokerages and overseas investment funds, during which time he set foot in overseas markets such as US stocks, Hong Kong stocks and Taiwan stocks etc. Since April 2006, he has established Shenzhen Qilong Investment Management Co., Ltd. in Shenzhen, of which 2012 Focus shifted to futures investment from year to year 2014. After the private placement of sunshine in 2014, Shenzhen Qianhai Qi Long Fund Management Co., Ltd. was established, shifting its focus back to the stock market, mainly investing in pharmaceutical enterprises.
It is because graduated from Huaxi Medical University, and engaged in the doctor career, Dai Xuefeng and his Qianhai Qi Long Fund has been based on investment in medicine, the core team from Peking University and Tsinghua MD and Master, has been focused Pharmaceutical stocks.
In the past two years, Da Xuefeng's vision has been on the global front and the company's focus is now on the United States. In 2014, he established Khan Funds Management America, INC as a global headquarters on Wall Street with offices in the World Trade Center. One is also the only fund company that has made its way into Wall Street in all aspects.
In 2015, the headquarters of the Eastern Hemisphere was established in Singapore and the first international fund in USD denominated in 2016, the flagship Oriental Medicine Fund.
Reporters trying to call the former flag of Longfeng Xuefeng and General Manager phone, are unable to get through. Follow-up will keep a close eye on the progress of things. China Fund News
3.iPhone X driven wireless charging market, AirPods2018 annual increase of 100%;
Set the industry leader in the iPhone role is driving the wireless charging market into a period of rapid growth since iPhone 8/8 Plus, iPhone X released, because of its first use of wireless charging technology, began to drive the wireless charging market began Growing up, the market surge in shipments.
According to SHEN Li-bin, general manager of Shenzhen Jinxin microelectronics to set micro-grid said that in the iPhone8 series released, Jin-core micro-launch wireless charging chip shipments increased nearly 10 times, which led to the wireless charging market has exceeded expectations. Micro is the largest domestic manufacturer of wireless chip shipment, before the release of the iPhone8 series, Jin core micro-wireless chip charge to reach monthly shipment KK level.
After the release of the iPhone8 series, driven by domestic wireless chip maker shipments surge is not only a core Micro-core, the entire wireless charging transmitter market shipments began to skyrocket. One of the major reasons is because the iPhone8 series after the listing, support iPhone8 series Apple's wireless charger AirPods has to wait until 2018 to be available for sale, in advance to the domestic wireless charging manufacturers to share a huge market dividend.
In fact, wireless charging market began to surge, the key or the industry is optimistic about the role of the iPhone vane and AirPods shipping performance, the current Jinli M7p mobile handset manufacturers have become the first with a wireless charging feature phone.
According to KGI Investment Analyst Guo Mingji estimated AirPods shipments next year is expected to grow 100%, supply chain manufacturers and China Telecom Precision Precision Factory directly benefit.
Kwok Ming-kwan pointed out that AirPods demand is still strong, Apple's official shopping site shipping time shortened to 1 day to 3 days, the key to improving the assembly process and the new assembly firm newsletters precision increased new capacity originally by Inventec exclusive assembly.
Sharp legislation has said sharp, the tenth anniversary of major customers in the second half of this year is the flagship aircraft is actively stocking, is expected to be substantially increased revenue and profit levels.With the iPhone8 series of new machines began to be shipped, Lixun precision is expected that the first three of this year Quarterly net profit of 10.21 to 11.57 billion yuan, an increase of 50% -70%, corresponding Q3 single-quarter net profit of 339-475 million yuan, an increase of 36.9% -67.2%, achieving four consecutive quarters of results year-on-year growth, turning point Confirmed.
Looking ahead to the next year, Guo Ming-kun pointed out AirPods is still one of Apple's most popular accessories products, shipments expected annual growth of about 100% to reach 26 million to 28 million from the supply chain point of view, the report is expected, legislation sophisticated In the next year is expected to become the first assembly supplier AirPods, the proportion of orders may be more than Inventec.
Although Apple AirPods not yet listed, but according to industry sources, AirPods will be stacked multi-coil solution. Shao Libin said: I am not optimistic about the multi-coil AirPods, because the charging efficiency will be low, the phone is highly sensitive to temperature, the original wireless charging However, Shao Libin also stressed that I believe there will be Apple AirPods market, because the Apple brand has accumulated a large number of fruit powder groups, Imagine wearing an Apple Watch, using an iPhone X, and charging it together on an Apple AirPods wireless charger, which would allow the fruit meal to pay for it.
4. Liu Zuhu: the possibility of new handset brands want to succeed less than 1%;
Cui Yuxian / text
At the dinner table, a handset maker said the smaller handset brands will get harder and harder because it is hard to get orders from suppliers, not to mention top suppliers, even with a sack of cash. Confirmed a moment, he said the fact is true, the new brand out of the possibility of less than 1%, small brands will survive more difficult.
Although a plus can be considered as 'small but beautiful' vendors, but Liu Zuhu revealed that they will not encounter the problem of the supply chain. Instead, suppliers will take the initiative to find one plus cooperation, because one plus one year only to do one or two flagships, the amount Large enough and stable, it is important that the gross profit is good, so it is liked by the suppliers.
The possibility of a new brand is less than 1%
Netease Technologies wrote a shortage of key components of mobile phone prices in 2016, leading to the survival of small and medium mobile phone manufacturers only difficult.This situation did not improve in 2017, but become more serious.Mobile phone manufacturers to Netease technology, said the mobile phone supply chain Almost into the 'seller's market', handset manufacturers are difficult to get orders from suppliers, especially small and medium handset manufacturers. 'Even with cash to go, it is difficult to get the order. 6 months in advance to order? , One year in advance. "The above said.
In response, Netease Technology has just released a plus 5T Liu Zuhu verification.He said: 'The reality is this, so other new brands want to come out, the possibility is less than 1%, small brands will live more difficult.
From the sales point of view, one plus also belong to the 'small company', according to << Southern Metropolis Daily >> reported a plus mobile phone sales in 2016 was about 2.5 million units will not announce their own sales plus one, Liu Zuhu also repeatedly said Will talk about sales targets. Will the 'small company' increase in supply chain?
Liu Zuhu said that with the addition of Samsung and Xiaomi, the flagship chip of Qualcomm is likely to be us, so I can get the resources of Qualcomm. ' Liu Zuhu said, 'There is a very interesting phenomenon, this year many suppliers came to find us because only one plus one year 1-2 machines, each machine is very stable, the quantity is fixed, gross profit is not bad Therefore, I really like one plus.
This will reverse the mobile phone manufacturers to drive a single blast product line? Liu Zuhu said single product burst must be the trend, OPPO's success is an example.It is understood that, OPPO from R7 began to do 5 consecutive explosions, 2016 R9 only 88 days sales exceeded 7 million units, the average US 1.1s there is one person to buy R9.Counterpoint data show that R9 sales of nearly 17 million units.
Actually, we all found that the more we do than the more we sell, the better we can get good resources from suppliers only by doing the flagship. "Liu Zuhu said.
Slow is fast: a plus can not sell less inventory
Although one plus 'small', it has always been considered 'small but beautiful' and has lived a very healthy life.
According to one plus disclosed that at present one plus major markets in Europe and the United States and India, overseas sales accounted for more than 70% last year, Aurora big data shows that China sold more than 70 million units last year.One plus India's top three cities (Mumbai, New Delhi , Bangalore) accounted for 50% of India's total sales.On the Amazon.com website, one plus brand gained a user rating of 4.4, the highest score among all mobile product categories.
One plus for the rare 'outside the domestic' handset manufacturers, which Liu Zuhu also expressed his approval, the domestic market is fierce competition for the domestic team Liu Zuhu did not set sales targets, only one requirement: live on the line.
In fact, one plus has also been 'tempted.' According to IDC data show that in the recent hot Indian market, the second quarter of 2017 in India's high-end mobile phone market (more than 400 US dollars), plus a market share has taken the first place, up to 57.1%, followed by Apple 37.8%, Samsung 3.6%.
'We have sold more than 4,000 in India and there are no brands in India with 2,000 to 3,000 in the market. Someone in the group started to seduce me to do a mid-range product and occupy the market of 2000-3000 yuan. I thought for a long time and later I think forget, firmly did not do. "Liu Zuhu said, 'I will tell the user to add a plus flagship, the best Andrews, but you just do a mid-end, then you are an Android brand only.'
Not only that, a plus one month before the release of the new machine, the old model was discontinued, and will not cut prices for sales.In this regard, Liu Zuhu said would rather sell less, not inventory, which is a plus principle.
'This is slow to do business that is fast, to be robust, not the last head fever, several hundreds of thousands of units, silly, that hundreds of millions gone, it is easy to die, the phone company is being held up. 'Liu Zuhu believes that' we will be relatively conservative in production and try not to go out of stock. '
In a plus 5T conference, Liu Zuhu has been mentioned that 'slow is fast', business is a long-distance run, to grow steadily at a healthy pace, slow is fast. Netease Technology
5. Coolpad Group: Working together with auditors will release 2016 results as soon as possible;
Sina Technology News November 29 evening news, Coolpad Group (02369.HK) announced that the company's board of directors is trying to perfect the group's operating plan within one year, cash flow forecasting and management assessment, and continue to work with banks, agencies and interested parties To communicate in order to solve the problem of continuous management raised by the auditors.
The announcement also discloses that the Board announces that all the audit procedures necessary to provide the necessary information and documents to auditors for the performance and completion of 2016 annual results are still in progress and the Company is continuing to work with the auditors and with its adequate Human resources and professional experience to publish 2016 annual results as soon as possible and send the Company's annual report for 2016. Meanwhile, the Company will continue to prepare for resumption of trading conditions.
The shares of the Company were suspended at 9:00 am on March 31, 2017 pending the release of 2016 annual results. (Jian Yu)
6. Lei Jun: Millet is fully recovering But now it is too early to talk about success
Photo: Shi Xiaobing
Original title: Interview Lei Jun: It is too early to talk about the success of millet
Li Yating Chinese Entrepreneur Magazine
'There are many rules in this industry. All of them are summed up in 20 to 30 years. It is not all that we have to kill in 35 years.'
Millet is fully recovered.
Yesterday's IoT Developer Conference was not as big as BAT, but in fact, Xiaomi has become the world's largest IoT platform for smart hardware with over 85 million connected devices, over 10 million daily users, more than 800 device types and more than 400 partners .
Lei Jun also did not expect to pick up will come so fast in his schedule, 2018 may be a good harvest year, but from the beginning of the millet millet House after the release of 6 to blossom everywhere, and then mobile phone shipments in October reached 70 million , The company's revenue broken 100 billion, there are indications that after two years of make-up, millet began secondary climbing.
More than an hour since the opening of Double-Decker 11 this year, Lei Jun and the team opened the champagne to prepare for celebrating this year's "Double 11" easiest. "Lin Bin, president and general manager of the mobile phone department, told the" Chinese Entrepreneur "reporter.
Only 3 minutes and 57 seconds, millet Lynx platform sales that break billion, full-day sales of 2.464 billion yuan in the ensuing celebration of the record, Lei Jun excitedly jumped to the table to make a statement.This year is the first millet mall, Lynx , Jingdong and other third-party platforms open 24 hours a day, in the past in order to guide the migration of Lynx, Xiaomi's own millet mall or closed only 12 hours.
Millet House also performed well.On the eleventh day, millet home more than 200 stores sales reached 114000000, an average of about 500000 in each store.Lin Bin good effect, but did not think so good, he used ' Horror 'to describe the achievements.
On the 5th of November, the first flagship store of millet home in the country opened in Shenzhen, the first of its flagship stores with a total area of 650 square meters, introduced the first interactive shopping wall, mobile cash register and other equipment not available in millet homes.As of the day, The number of millet stores nationwide is 228.
Turnover figures are also very good.October 1, all stores turnover less than 70 million on November 11 the same day, the turnover climbed to 1140000. Shenzhen flagship store opened a week, sales of nearly 10 million, 'if according to This speed, this month can be profitable. "Lin Bin said.
However, it is still too early to define the millet home with success.Development of the retail industry is usually through exploration, large-scale shop, shop and then to steady development, the current millet home is in the stage of large-scale shop.Lei Jun Admit, millet home is in a strategic success, the next level is the 'scale'.
'Respecting the law' has become Lei Jun's current mantra. 'We did not understand before, but did not understand how to become the industry first?' Lei Jun is also curious to see Xiaomi's first summit in 2014. But when it comes to new retail, Lei Jun spent more than six months time to ask for advice, all told him 'well prepared to lose five years.' This Lei Jun 'scared to choke'.
'There are many rules in this industry, all of them come to an end in 20 to 30 years, not all of us have to get into it in 35 years.' Lei Jun told 'Chinese entrepreneurs.' The handset industry has developed to this day. Respect the laws of the industry, respect for the right things.
In less than two years, millet completed a parabolic decline, falling into the bottom, the whole process of rising.In Shenzhen, Lei Jun and "Chinese entrepreneurs" exclusive share his thoughts:
CE: millet home progress to what stage?
Lei Jun: The indicators have reached our expectations, Ping efficiency to achieve the world's second (Note: The first is Apple), the cost control in less than 8%.
But this does not explain all the issues. 1000 stores can not maintain such efficiency? This is a huge and complex management issues. Millet House is currently crossing the second threshold, is the scale. We have no organizational skills at least 200 cities opened 1000 stores, to achieve cross-regional management? And so the scale there is no current efficiency? At this stage, millet House has been more successful, the key is the next stage.
CE: The initial promotion of millet's home strategy, would have thought it failed?
Lei Jun: There is no other way to go in. Coincidentally, we brought new retail sales last year, and Ali made the same point on the same day (October 13).
Do you know why? Because we all have the bottleneck of growing e-commerce. From 0 to 10%, e-commerce took 20 years, this plate is huge and accommodates many big companies. If we continue to move forward, each increase A percentage point needs to change the habits of consumers, which takes time.
There was no solution at the time. The traditional business model was inefficient, had no future with them, or broke into new retail. Try this, as it is a solution, , People scold you scold it.
CE: millet's core is to improve the efficiency, improve the efficiency of the key is what?
Lei Jun: 1, explosives. No explosives can not create traffic; 2, product mix. No product mix, can not attract people visiting the shop. 3, millet brand and service concept.
Do retail must control the category, it seems to increase the category will increase sales, after a line, the difficulty of control becomes higher, the efficiency of the operation will be dropped, so the category of control is critical.
CE: All say the past millet make up classes, which make up a few classes?
Lei Jun: This year focused on solving three problems: delivery, innovation and quality.How to solve the delivery, how to manage the quality, how to innovate in an orderly manner, including the building of the team.In fact, there is nothing particularly fresh, may be more important thing is , Stuck in the plight of millet's values, business model is particularly important.
No one questioned the success of these, when the difficult time, we can say that we can sell a little more expensive profits, money is easy, very easy .We each year, each time out of a variety of needs everyone Line up, panic buying products, rose a little is very easy.All metal suitcases look good, sell 1699, change 1799 not on the line? Profit up.
CE: In the process, millet organizational structure has been adjusted?
Lei Jun: In the past, we basically did not sort out the organizational structure and tried to do what we did. In May last year, I started to direct the mobile phone department, and I first rationalized the organizational structure, and then all the people together. Go a little radical today, looking for a balance.
Millet bone is an innovative company, but we now have to manage innovation, orderly innovation.Everyone thinks millet is innovative, but a new thing there are always immature, imperfect, if these details are not handled well, It will be cursed curtly, it is not so easy to imagine, so beautiful, we often because we have not scolded for innovation.
Now it is still too early to talk about millet's successes and it just started. The thought and adjustment of the elaborate management started last year. I think it will take another year or two to find the best balance.
CE: Later in millet will be more difficult to see this difficult innovation?
Lei Jun: Xiaomi today's problem is not how to innovate, but how to effectively innovate and innovate out what real consumers like or can effectively improve business efficiency, which is a big problem.
CE: China's mobile phone market has entered the era of stock competition, in the process, millet attack or keep?
Lei Jun: The Chinese market has basically matured in these two years, and we also ranked the top five with about four of us (China Enterprise Note: Huawei, Xiaomi, OPPO, vivo) and Apple, none of them.These five accounted for about 72% 73%, there is more than 20% market share.
CE: There's still room for growth?
Lei Jun: squeeze another squeeze, I think it can grow to more than 90%, the top five will grow to more than 90%. We have a few competition, but have not yet spear bayonet.
CE: Who will fall behind these few?
Lei Jun: Anyway, we all felt that we had to go back last year (laughter), but not at the core of which we will not be left behind is that only the top 5 millet are cost-effective. We are different from them and they talk about the brand Premium, that is, things are more and more expensive to sell, in short, too much to earn their own money, to say that profits as the center, we will never, never-profit-centric.
CE: But from the global market, Apple and Samsung accounted for more than 100% of the mobile phone market profits, Huawei has also raised the issue of improving the profitability of mobile phones, millet why you can ignore this problem?
Lei Jun: Our eternal life will not profit as the center, will be rice noodles, users as the center.
At the point where millet was questioned, everyone wanted us to sell a bit more expensively, think it was cheaper to sell, and shameless. We could not say that there was no wavering within us, but I never did.
CE: Before you say you do not care about the sales, but care about the loyalty of rice noodles and the impact on the world, but the outside world in the past year or two Xiaomi still in order to return to top five sales force, which is a bit contradictory?
Lei Jun: no conflict. Without sales there is no support for the supply chain, there is no support for the supply chain to pay the goods, to achieve a certain scale is the survival line. We propose that the sales target is over 100 million units.
CE: You said that millet ten years later, 50% of the hope, the turnover of more than 1 trillion, millet will be a kind of company after ten years?
Lei Jun: I think in that era, millet should be leading a group of Chinese brands and advanced manufacturing in China, laying an unshakable position in the world and ranking the top three in all segments. In other words, if we Adhere to do so, millet ten years later may be made in China, the spokesman for the Chinese brand.
CE: From the middle of last year you started to direct the mobile phone business, to what stage will withdraw?
Lei Jun: I directly manage the mobile phone department for a year and a half, the entire internal management has reached a very high level, it is estimated another six months, basically a year can be.
CE: Do you jump off to see if you have any business problems?
Lei Jun: can not say so, because the phone is the lifeblood of millet .If the business collapse, the basic is beyond redemption .Chinese entrepreneurs