Chapter 554

What is the concept of $350 billion? According to the current RMB exchange rate of about 6.2 against the US dollar, it is equivalent to more than 2 trillion yuan!

2 trillion yuan, even if the two football fields can't put it down, and this figure is the valuation of Huizhong, a Chinese company, given by the top elites of global investment banks.

$350 billion, ranking fourth in the valuation and market value of all companies in the global IT industry!

Among the three IT companies in front of it, Microsoft, which monopolizes the personal computer operating system with windows, ranks third, with a market value of more than 360 billion US dollars.

Ranked second is the king of search engine in the global Internet industry and Google, which created the Android smartphone operating system. Its market value is slightly better than Microsoft, with a market value of more than 370 billion US dollars.

The last one is apple, which leads the trend of smart phones and creates a prosperous era of mobile Internet. Its market value is as high as more than 440 billion US dollars!

Each of the three companies in front has dominated an era. They are the top and most dazzling companies in the global Internet industry. Now, they are behind them.

After Huizhong, there are Samsung Electronics with a market value of $270 billion and IBM with a market value of $220 billion. Although these two companies are only better than Huizhong in terms of enterprise scale and revenue data, these two companies are far from Huizhong's competitors in terms of business type and growth potential.

In a few days, the company launched its listing in the US, and the news of simultaneous interpreting of the 350 billion yuan has been spread all over the world. Many analysts have also speculated about the fund-raising amount of the listing. According to the valuation of US $350 billion, even if the Confederation has issued 10% of its shares, it will also be a huge sum of 35 billion dollars.

This $35 billion is not comparable to the valuation calculated by analysts. Once Huizhong goes public, this money will actually lie in the account of Huizhong company.

Of course, the premise is that Huizhong can indeed be listed at this valuation or even more than this valuation, otherwise no one will buy Huizhong's shares after listing, so the high valuation and fund-raising amount of Huizhong can only be laughed at by everyone.

But is that possible? In the analysis report of Huizhong's $350 billion given by major investment banks around the world, more than two-thirds of the investment banks gave the rating of buying stocks, and even three investment banks gave the rating of strong buying.

The remaining one-third either gave a wait-and-see rating or didn't give a rating at all. After all, Huizhong still has at least half a year to go public. Why should they worry.

While the elites in the global financial industry are enjoying the discussion on Huizhong's valuation forecast and stock rating, the listing team under the supervision of Chen Yimei within Huizhong is also vigorously promoting Huizhong's listing.

Compared with those outside, analysts can only estimate the valuation of Huizhong by relying on various scattered information. As a member of Huizhong's listing team, the elites of the six banks need to seriously and carefully evaluate Huizhong's various businesses. They can neither underestimate the potential of each business of Huizhong nor miss the potential risks that may be mixed in any business.

Elites from all walks of life, including accountants, asset appraisers and lawyers, cooperated with the six major banks to complete the business combing and due diligence of the whole Huizhong company.

The work of the listing team was supervised by Chen Yimei. Fang Zhe, the leader, temporarily withdrew from his busy schedule and went to Xiaomi headquarters.

Since Fang Zhe and Lei Zong went to India last October to investigate and open the joint, Xiaomi has naturally entered the Indian market. Now, Xiaomi's two brands of Xiaomi and Hongmi have officially sold a variety of mobile phones in India through official channels.

In less than half a year, Xiaomi's mobile phone sales in India exceeded 3 million, especially the red rice series mobile phones with the highest cost performance and high quality and low price are far more popular in the Indian market than Lei and other senior officials of Xiaomi expected. The sales of red rice series mobile phones account for more than 90% of Xiaomi's total sales in India.

Three million in six months, which has been much better than predicted by Xiaomi executives. Xiaomi's first stop in entering the overseas market has made a great start!

If it were not limited by logistics, customs and other costs, the sales volume of Xiaomi in India would be 20-30% better than now. Fortunately, the factories invested by Xiaomi in India are in full swing. The second and third factories have also started site selection and planning. Xiaomi can gain a firm foothold in the Indian market in less than two to three years.

Xiaomi's international business is growing step by step, and the two major brands of Xiaomi and Hongmi are also developing smoothly. One of the reasons why Fang zhe came to Xiaomi this time is for the high-end mobile phone brand that Xiaomi will release this year, huami.

At the beginning of last year, at the instigation of Fang Zhe, President Lei began to explore and develop Xiaomi's high-end mobile phone brand huami. Therefore, Huichuang patent alliance, jointly invested and established by Huizhong, Xiaomi Huawei and other domestic mobile phone manufacturers, also spent a lot of money to intercept Hu and apple to acquire authen company in the United States.

Authen is an American technology company with top core technologies in the field of biometrics such as fingerprint recognition and face recognition. According to the development of previous generations, this company should have been acquired by rich apple. Until later, fingerprint recognition, face recognition and other technologies were continuously applied to iphone5s and other mobile phones released by Apple.

However, with the rebirth of Fang Zhe, the development track of apple, which should have acquired authen and applied fingerprint identification to the iPhone 5S released this year, has changed.

Since fingerprint identification technology is valued by apple, Apple cannot easily give up this technology and innovation gimmick. After searching other companies with fingerprint identification technology and comparing it with authen's technology, apple made a rich decision and bought authen from Huichuang at a high price.

$2 billion, which was the price offered by Apple during the negotiation with Huichuang last year. This price has more than quadrupled that when Huichuang bought authen. If only from the perspective of investment return and making money, Huichuang will make a lot of money.

After Apple offered the sky high price conditions, other Huichuang shareholders who had jointly paid for the acquisition of authen had the idea of changing hands to sell. Fortunately, Huizhong, Xiaomi, Huawei and other major shareholders of Huichuang planned very far and were not easily confused by Apple's sugar coated shells.

Finally, as a last resort, Apple had to step back and ask for the second place. According to the way of patent license, it spent a lot of money to obtain the use right of fingerprint identification and other technologies of authen company, and jointly developed fingerprint identification technology with two domestic companies bidding for the use right of this technology, such as Xiaomi and Huawei.

Despite these twists and turns, Apple has not changed the historical track that Apple will release iPhone 5S this year and add fingerprint recognition technology to it.

Even Fang Zhe, the reborn, had to lament the strong inertia and recovery ability of history. Fang Zhe's decisive acquisition of authen company didn't want to see what Apple would look like without fingerprint identification technology. Clinker, when Apple coerced powerful forces and chips to negotiate with Huichuang, Huichuang still had to license fingerprint identification and other technologies to apple.

In the words of David, President of Apple's Greater China region, who visited in person at the beginning: "authen's technology can play the value of hundreds of billions of dollars in Apple's hands, but in your hands, it can only play the value of billions of dollars at most.

I know you want to use these technologies to make high-end mobile phones, but high-end mobile phones are more important than technology, from the operating system to every tiny user experience.

Apple's loss of authen's technology this time is at most a setback, and you will face a powerful enemy, or even a group of powerful enemies. "

Although David, the president of Greater China, has a threatening tone, Fang zhe knows that what he said may indeed become a reality.

Not to mention that apple is one of Huizhong's shareholders, Apple's own shareholders are all the world's top capital. Further up, their profits are closely related to Apple's profits in the huge supply chain formed around apple, from China to the United States, from Foxconn to Qualcomm.

Not to mention that according to various applications on Apple's app store, millions of developers around the world, and even Huizhong itself, the profits from the app store channel account for more than one-third of the overall revenue. After comprehensive consideration, Huichuang finally gave apple the right to use authen related technologies.

Fang zhe originally thought that apple with the technology should stop developing its own iPhone 5S and develop slowly according to the track of history. President Lei, a clinker, called and told himself that David, the president of Apple's Greater China region, came to the door again.

This time, the arrogant foreigner president asked Xiaomi to postpone the release of huami mobile phone until after Apple 5S release!