Xiaomi Heavy Industry, its first entrepreneurial venture!

Chapter 226 I should have told you your name was Xiaomi Heavy Industry! (First update!)

"Yesterday alone, Chilean chemical and mining stocks rose by 198%, FMC by 174%, Talison by 177%, and Galaxy Resources by 127%."

“After deducting the $1.2 million we invested, the stock we now hold has appreciated by $2 million.”

"If we sell it now, after deducting transaction fees and corresponding taxes, we can probably get around 1.7 million."

"Furthermore, the $5 million investment promised by Rashid has already arrived in the bank's corporate account and needs to be credited to the account."

After Ji Shuangshuang finished explaining the contents of the report in her hand, she handed the report to Lin Yi.

At that moment, she felt incredibly calm, as if those numbers weren't money, but just a string of numbers.

Behind his desk, Lin Yi casually picked up the report, focused his gaze on the numbers on it, stared at them for a while, and then put the report down.

He rubbed his face vigorously with his hands before looking up at Ji Shuangshuang:

"We will proceed as planned and release the news on Friday."

“America is in a different time zone than us. When we release information here, America’s stock market happens to catch up.”

"Besides us, Science should also release its results on Thursday or Friday."

"At that time, whether it's their results or our news, it will directly drive up the price."

"If the two pieces of news are released at the same time, you will see the craziest stock market in history."

"As for the agency, we'll tell them to sell the stock after the American stock market opens on Monday, four hours into the morning."

"At other times, you just need to maintain a cool and aloof demeanor!"

Having received the instructions, Ji Shuangshuang sighed, stretched, and walked out:

"I'll go reply to the agency right away."

With a snap, the door closed, and Lin Yi picked up the document again, returning to the stock price fluctuations.

198%!

Just a little bit more and the funds would have tripled.

All I can say is that, if you have enough ability, America's stock market is perfect for pursuing your dreams and getting rich overnight.

Of course, there will also be an uproar overnight, with people jumping off the rooftop.

Unlike Old A, whose scallops swam back and forth, covering a distance farther than any swimming champion.

Even pigs on farms can starve to death.

I don't know what's the point of those stocks being around, let alone what the point of the retail investors who buy them is.

Shaking his head to clear his mind of those chaotic thoughts, Lin Yi picked up the phone and called Cao Bin.

After a brief ring, Cao Bin's voice came through the receiver:

"Boss, what's the matter?"

"Has the video of electrode material fabrication been filmed?"

"The filming is complete. Our PR team is editing it, and it will probably take another two or three days."

"Our time is 10 a.m. sharp on Friday morning."

"understand!"

After a quick exchange, Lin Yi put down the phone, tapped his head with his fingers, and suddenly remembered something.

That means today is April 5th.

Tomorrow is the day Lei Jun will drink millet porridge.

But what about people?
Where is the opening ceremony held?
Are you really going to just make a bowl of millet porridge?
Should I bring them West Lake Fish in Vinegar Sauce?
Lin Yi checked his call log and found that there were no calls from Lei Jun, and he hadn't made many calls himself.

Speaking of which, last time he said he was going to America to discuss cooperation, I even asked him to help me with the negotiations.

They didn't even give me a phone call.

I don't know how the talks went.

After thinking for a while, Lin Yi found Lin Bin's number and dialed it casually.

The phone rang for a long time before someone answered, followed by Lin Bin's groggy voice:
"Which one?"

"Lin Yi!"

"Oh, Mr. Lin, what's the matter calling so late?"

"Ok?"

Lin Yu was shocked. His eyes widened in an instant, and Lin Bin's response kept echoing in his mind.

What's the matter calling so late?

so late?
Holy crap, where is this guy now?
After mentally calculating the time difference and the possible location where the other party might respawn, Lin Yi hesitated before asking:

"Are you still in America?"

"Yes!"

"Aren't you opening tomorrow?"

"It's been postponed for now!"

"what?"

"Old Lei said he's planning something big, so we're still in San Diego, planning to go see the Qualcomm people again first thing tomorrow morning."

"Were the negotiations unsuccessful before?"

"It went smoothly, but it wasn't smooth either. The other party agreed to provide us with chips, but the most advanced chips were a bit expensive, and they also bundled in a bunch of junk chips. In addition, there were some other random restrictions."

"So you're still going?"

"Isn't it because of you, Mr. Lin? Today, everyone in San Diego, from the living to the dead, is talking about you, about the high-performance battery your lab has developed, and about what changes this battery will bring. Old Lei has decided to try it out tomorrow, in your name."

Hearing the voice on the phone, Lin Yi was speechless for a moment.

According to Qualcomm's 2009 annual report, Qualcomm's revenue reached $104.1 billion last year, solely from mobile communication chips and patent licensing, while its overall market value was $674 billion.

Comparatively speaking, the little money I've made in the stock market isn't even enough to satisfy the other party's hunger.

As for Lei Jun's Xiaomi, there's not even a trace of it.

When negotiating with the other party, you are naturally at a disadvantage.

Even with Lei Jun's idea, including battery-related licenses, it still wouldn't be enough.

Because chips and batteries have different levels of importance.

A chip is essential. As for the battery, you can use a cheap one if you really can't find one, as long as it doesn't explode while charging or while someone is holding it and making a phone call.

After a moment's thought, Lin Yi spoke into the phone:
"Give me your email address, and I'll have someone prepare a set of authorization documents and send them to your email later."

"Let's talk if we can."

After hanging up the phone, Lin Yi opened a document and began typing out the relevant authorization instructions.

After the authorization manual was finished, Lin Bin sent it to my email.

Lin Yi sent the authorization letter and his email address to Dai Zhifeng, explained the specific requirements, and then hung up the phone to continue monitoring US stocks.

…………

"Lin Yi has sent over the patent authorization documents for battery thermal management."

Under the dim light, Lin Bin turned his laptop around so that the screen was facing Lei Jun.

The 14-inch laptop screen is not large, so you need to zoom in on the documents when viewing them, otherwise all you see is a bunch of dense text.

At this moment, looking at those densely packed words, Lei Jun didn't feel annoyed at all; on the contrary, he felt very at ease.

He nodded and closed the computer screen: "With this, I can speak more confidently tomorrow."

After saying that, he got up and walked to the hotel window, staring blankly at the bay dotted with stars outside.

Amidst the twinkling stars, several warships could be vaguely seen.

That was a ship from America's Third Fleet.

I just don't know the name.

After watching for a while, Lei Jun turned around, walked to the bed, pulled back the covers, and lay down.

As soon as he closed his eyes, the gentle sunlight fell upon them. After washing up, eating breakfast, and tidying himself up, Lei Jun, carrying his documents, turned to look at Lin Bin: "Ready?"

"I've been ready for a long time!" As he spoke, Lin Bin clenched his right fist and pounded his chest.

"Then go!"

As Lei Jun's voice rang out, the dozen or so members of the negotiation team marched towards the elevator and went downstairs.

…………

Qualcomm headquarters.

As soon as Steve, the vice president in charge of marketing, walked in, his secretary handed him a document:
“Mr. Steve, those same people who came yesterday are here again today.”

"Those people who came yesterday?" Steve tilted his head, thought hard for a while, and then remembered which people the secretary was referring to.

Steve couldn't help but get a headache just thinking about those Chinese people.

Overall, my impression of those Chinese people was pretty good, but they made too many demands.

Despite being in a vulnerable position, they vehemently opposed the demands they themselves had made to bind them.

This is called not having a clear understanding of one's own abilities.

Steve disdains cooperating with people who lack self-awareness.

He waved his hand, intending to dismiss his secretary, but she did not move, remaining in the position of handing over the documents.

Steve opened his mouth to ask a question, but the secretary spoke first:
"I think you'd better take a look, because the company they represent is the same company that's been making headlines these past few days."

"Hmm?" Steve's eyes widened. Under his gaze, the secretary nodded slightly and uttered a name:
Xiaomi Heavy Industry!

The name immediately piqued Steve's interest. He took the documents and read them from beginning to end.

While watching, I asked:

"what's the situation?"

The secretary pointed to the document: "Early this morning, those same people from yesterday came over again and said they wanted to see you. I was just about to make up an excuse when they pulled out an authorization document."

"I saw the symbol on the document and the name of the authorization document, so I kept them."

"Now is the perfect time for you to come!"

"Also, news came from Philadelphia that the thing is real."

The document the secretary handed Steve contained very little; it only had a few simple lines of text.

[Patent technology for electromagnetic thermal management and related logic code]

[According to tests conducted by experts from Science, this high-performance battery is genuine!]

Upon seeing these two messages, Steve's eyes lit up immediately.

this thing.

Qualcomm needs it just in time.

Or rather, Qualcomm desperately needs the thermal management technology for this still-controversial high-performance battery.

Qualcomm's main business is mobile communication electronic chips.

The quality of a mobile communication chip depends not only on the quality of the chip itself, but also on the battery of the mobile communication device.

The more power a battery can hold, the more power can be allocated to the mobile communication chip.

Chips can do more things.

Conversely, it means the chip frequency is reduced.

With sufficient power, more powerful chips can be used, resulting in a better user experience.

The problem is that the capacity of mainstream batteries is currently around 800 to 1000 mAh.

This 800-1000 mAh capacity is needed to ensure signal connectivity, call quality, and all sorts of other uses of the phone.

The chips that can be used are naturally very small.

Only a few smartphone manufacturers are increasing battery capacity, but the increase is very limited.

Even for a multinational giant like Samsung, the battery capacity for its flagship phone, the Samsung Galaxy S, is only 1500 mAh.

To put it bluntly, what's the point?
Holding the documents in both hands, Steve took a deep breath and turned to look at his secretary:

"Please invite these guests to my office; I want to have a detailed discussion with them."

"Also, contact Mr. Paul; I might need some additional authorization."

"Understood!" The secretary noted down Steve's instructions and turned to walk to the other side of the corridor.

Steve stood there for a while, then turned and strode quickly toward his office.

Back in his office, he pulled out a hand-grind coffee machine from under the bookshelf, took out the coffee beans he had collected, sat by the window, and began to grind coffee by hand.

After a short while, the secretary led two Asian men into the office.

The secretary nodded to Steve, then smiled and turned to leave.

Steve stopped what he was doing and looked up at the two people in front of him:
"Mr. Lei Jun, Mr. Lin Bin, please have a seat."

After the two sat down, he continued cranking the hand-grind coffee machine in his hand and asked quietly in English:

“I have a question. When you came to negotiate yesterday, you identified yourselves as Xiaomi.”

"But today, you are calling yourselves Xiaomi Heavy Industry again."

"My Chinese isn't very good, and I'd like to know if there's a difference between these two names."

"Or to put it more bluntly, are these two companies the same company?"

Lin Bin turned around and desperately tried to signal Lei Jun with his eyes. Lei Jun received his signal but didn't follow it. Instead, he spoke directly:
"Xiaomi is mine."

"The CEO of Xiaomi Heavy Industry is named Lin Yi."

"I own 5% of Xiaomi Heavy Industry's shares, original shares, and I am also the executive director of Xiaomi Heavy Industry."

"This time I came here not only to discuss cooperation with Xiaomi, but also with Xiaomi Heavy Industry."

"This is our authorization letter!"

As soon as he finished speaking, Lei Jun took a document out of his briefcase and placed it on the table.

Across from him, Steve's face was turned toward the coffee grinder, but his eyes were fixed on the document on the table.

The English text on the document was identical to the title the secretary had just shown him.

After a few seconds of silence, he stopped what he was doing, stood up, and extended his hand to Lei Jun:

"You should have said your name was Xiaomi Heavy Industry earlier!"

The sudden change in attitude left Lei Jun stunned, but he was, after all, a seasoned veteran in the business world.

In an instant, he composed himself, stood up, and extended his right hand to Steve:

"I just wanted to see if I could make it happen with my own fame."

"If that doesn't work, I'll use the name of Xiaomi Heavy Industry."

After shaking hands, Steve didn't sit down immediately. Instead, he rubbed his hands together and pointed to the documents on the table:

"May I take a look at this authorization document and its attachments?"

Lei Jun smiled, picked up the document with one hand, and casually handed it over: "Please, go ahead!"

After receiving the authorization document, Steve eagerly opened it and began searching for the content he wanted.

Soon, he found what he was looking for in the latter half of the document.

[Logic code authorization!]

With the basic logic code, Qualcomm can embed this code into chips and into the various solutions they provide.

They can also use this to sell the chips at a higher price.

On the other hand, customers can get a more complete control system, which saves them a lot of work.

A win-win for everyone.

(End of this chapter)