Chapter 375

The launch and rush purchase of Xiaomi M1 took only a short day, but the waves brought to the whole domestic mobile phone industry were earth shaking.

Old mobile phone manufacturers, including Huawei, Meizu and Lenovo, began to take seriously Xiaomi, which they despised before. After all, Xiaomi has only been established for a year. Even if its founder is president Lei, they still have enough reasons to believe that the official sales performance of Xiaomi M1 mobile phone will not be ideal, because no one will buy a mobile phone they have never seen or touched online!

However, Xiaomi and Xiaomi M1, with their reality and achievements, have proved to all domestic mobile phone peers the success of Xiaomi mode and that they can make mobile phones with the Internet mode.

Therefore, many mobile phone manufacturers are facing up to Xiaomi and starting to regard Xiaomi as a competitor. They are also studying whether Xiaomi has a place to learn from and whether they can do it like Xiaomi!

Although the sales performance of 500000 is not worth mentioning from the current sales performance of tens of millions of mobile phone manufacturers a year, such as president Ren of Huawei and President Duan of step-by-step have seen the potential and began to layout one after another!

Previously, Huawei also approved its own mobile operating system emui when Xiaomi released MIUI. Now, president Ren plans to let Yu Chengdong, one of his capable generals, investigate whether there is anything Huawei can learn from Xiaomi model, and if so, how Huawei can learn from Xiaomi.

While President Duan, who is growing higher and higher, suddenly felt that the spring of the domestic smartphone industry seemed to be coming when he saw the amazing sales of 500000 mobile phones a day by Xiaomi!

The initial sales volume of Xiaomi M1 and the rising popularity have made the biggest stone in the heart of President Lei, the founder of Xiaomi, fall to the ground, but at the same time, there is still another small stone in the heart of President Lei, and this stone has something to do with Fang Zhe and Huizhong!

The reason for this stone is that some time ago, in Xiaomi's round B financing, Huizhong, as the exclusive investor, invested US $200 million in Xiaomi at a valuation of US $2 billion and obtained 10% of Xiaomi's shares. Since then, Huizhong's share in Xiaomi has reached the current 19%!

The stone and pimple in Mr. Lei's heart lies in the proportion of Huizhong's shares!

To say the contrary, Mr. Lei believes that the proportion of Huizhong's shares in Xiaomi is too high!

From President Lei joined Jinshan more than ten years ago to later served as general manager and CEO of Jinshan, President Lei is well aware of the importance of shares, control and so on to a company's management team and founder.

Over the years, he has also witnessed the contradictions among the three bat companies that have grown into giants because of the insufficient equity and control of the founders and management team.

From Baidu to Tencent to Alibaba, the earliest core founders of almost every company withdrew from these companies for various reasons. Therefore, when President Lei founded Xiaomi, he was always cautious about the equity distribution of Xiaomi and his control over Xiaomi!

But even so, after two rounds of financing, Xiaomi still has up to 19% of the shares, which have been taken by Huizhong!

Although 19% of the shares don't seem to be much, from the share ranking of Xiaomi shareholders, Huizhong has become the second largest shareholder in Xiaomi after itself!

Of course, Mr. Lei also knows that if Xiaomi wants to grow and develop rapidly, it must carry out more financing in the future, and he, the founder of Xiaomi, is almost impossible to keep his share in Xiaomi at more than 50%.

However, Mr. Lei would rather have several small shareholders with small shares in Xiaomi than Huizhong, a larger shareholder.

Because this is Xiaomi's round B financing, and Huizhong has obtained 19% of Xiaomi's shares. If Huizhong participates in or even leads the investment again in Xiaomi's round C, round D, even round e, round F and other rounds of financing in the future, Xiaomi's identity as the largest shareholder must be slowly transferred from itself to Huizhong!

Even if we can achieve the goal of firmly controlling Xiaomi by stripping off equity and voting rights, Mr. Lei still feels a little bumpy and uncomfortable in his heart!

Because he knows that Fang Zhe, the chief consultant of Xiaomi, has the prestige and influence in Xiaomi elders and senior management. If Huizhong becomes the largest shareholder of Xiaomi again, he is likely to lose power and become an overhead CEO!

Although, although this is only the darkest and worst side of Mr. Lei's heart, he has been vigilant for many years of experience in the mall and Jinshan's CEO career!

However, Mr. Lei has a very good personal relationship with Fang Zhe. Huizhong has also played a great role and contribution to the establishment and rise of Xiaomi. Therefore, Mr. Lei is a little tangled about how to speak to Fang zhe about this!

However, Mr. Lei's tangled mood did not last long. At the dinner party of Xiaomi's first celebration, he was untied by Fang Zhe's words, who took time out of his busy schedule to celebrate!

"Now, with such good initial sales results of our Xiaomi M1, the development of our Xiaomi company is on the right track. A few days ago, we invested in Xiaomi again, which caused a lot of noise in the industry.

Everyone is questioning whether we Huizhong really want to make mobile phones, or whether we just want to participate and consider it from the perspective of return on investment!

I know that our domestic counterparts in the mobile phone industry are worried that Huizhong will make their own mobile phones and that Huizhong will help Xiaomi too much. If this is the case, we Xiaomi will be jointly targeted by our domestic counterparts in the future!

Therefore, I decided to make a clarification to the outside world again in two days to show that Huizhong really made the investment because we are optimistic about the future development of Xiaomi!

In addition, one more thing I want to tell you here is that in the future, Huizhong will never further increase its shares in Xiaomi unless it is extremely difficult for Xiaomi.

This is not only to appease the hearts of other domestic mobile phone industry peers, but also for the development of Xiaomi. If Xiaomi wants to grow up in China and even the world in the future, it must introduce all kinds of shareholders. Therefore, we have such a big pit! "

Fang Zhe's words were said when more than ten entrepreneurs at the core of Xiaomi had dinner together. Think about the time, the people at this table gathered together to prepare for the establishment of Xiaomi. Even the name of Xiaomi was thought of by Fang Zhe, the chief consultant.

Now, Fang zhe deliberately suppresses Huizhong's share in Xiaomi for the future development of Xiaomi, which makes Lei and other founders of Xiaomi deeply moved!

In particular, President Lei, when Fang zhe smiled at him with a warm smile, he felt that his previous ideas about Huizhong and Fang zhe should never have occurred!