Chapter 307

Fang zhe ignored the noise outside. He only asked Huizhong's public relations department to simply arrange an interview with Sina Technology, explaining that Huizhong had no intention of entering the mobile phone industry and making his own mobile phone. This time, he invested in Xiaomi only because Lei and his personal friends were very good and he saw the future development of Xiaomi.

In other words, Huizhong invests in Xiaomi purely from the perspective of return on investment. I hope other manufacturers in the mobile phone industry don't think too much. If other manufacturers are interested in Huichuang's design and patents used in MIUI, they are also welcome to consult or cooperate with Huichuang!

Fang Zhe's explanation can be regarded as soothing the hearts of many domestic mobile phone manufacturers. Who knows when they know that Huizhong is one of the investors of Xiaomi, how many sweats and meetings have been held by the senior management. Although making mobile phones is not as simple as playing games and making the Internet, it can't stand Huizhong's wealth!

Finally, Fang zhe also explained Xiaomi's high valuation of $200 million. Fang zhe said with a smile that Xiaomi's entrepreneurial team alone is worth $100 million!

The explanation of Fang zhe was both uproar and relief. Considering that Xiaomi's luxury entrepreneurial lineup is among the top in China, interested people found that Fang Zhe, the chief consultant who had not been before, appeared in the management team of Xiaomi's official website.

Fang Zhe's identity as the chief consultant of Xiaomi has always been a secret. It was not officially disclosed to the public until this time after Huizhong invested in Xiaomi. Many people are deeply disgusted that president Fang is really a shameless person. I'm afraid that president Fang's 100 million Li is worth $50 million alone!

Huizhong and Chenxing capital have become the two major investors of Xiaomi, which has also made the negotiation and cooperation between Xiaomi and its suppliers much smoother. According to Dr. Zhou Guangping's estimation, Xiaomi will be ready by the end of July