Xiaomi Heavy Industry, its first entrepreneurial venture!

Chapter 410 Jack Ma: A Zombie! (Second Update!)
At this point, Tang Qihong paused for a moment. He wasn't sure if it was just his imagination, but he felt that everyone present clearly breathed a sigh of relief after he finished speaking.

Noticing this subtle change, he deliberately lengthened his pause, preparing to listen to the other people's thoughts.

However, two full minutes passed, and he didn't hear anyone else offer any opinions.

These lazybones.

Cursing inwardly, Tang Qihong opened his notebook, looked at its contents, and said:
"Although Xiaomi Heavy Industry's main business is likely the Internet, we still cannot be careless. According to the municipal government, they will arrive tomorrow."

"Then let's choose someone to visit them the day after tomorrow, or the day after that, as a way of showing hospitality."

"Let's discuss that later. Right now, we need to focus on ourselves."

"The pilot program for subsidies for private purchases of new energy vehicles, which was announced on June 1, was officially launched last month."

"In addition to this policy, the government has also released a draft for public comment on the development plan for the energy-saving and new energy vehicle industry, which outlines the development path for new energy over the next 10 years."

"Both of these things are closely related to us."

"In other words, in the next year or two, we must launch our own new energy vehicle brand. No matter what method we use, we must launch new energy vehicles."

As soon as Tang Qihong finished speaking, the board members who had been silent immediately became lively:

"On March 28th, we officially signed the agreement to acquire Volvo, which cost a whopping $18 billion!"

"With so much money being poured in, instead of focusing on developing the European market we're about to capture and mastering the technology for gasoline cars, why are we going after new energy vehicles? Isn't that insane?"

"If you ask me, we should let others wade in first, test the waters, and then we can join in."

"Am I right?"

"Chairman Wang makes a very good point. We just acquired Volvo, so we should definitely focus our efforts on it!"

"I agree with Chairman Wang's statement!"

"I agree too!"

As he watched the hands being raised one after another, Tang Qihong's face grew increasingly grim. Finally, he simply put down the documents and raised his right hand: "I agree with Chairman Wang!"

…………

The Alibaba headquarters is located in the Huaxing Road Entrepreneurship Building.

Holding the documents, Pan Xiaoling pushed open the CEO's office door and walked towards the group of men chatting by the floor-to-ceiling window on her right. As she approached, she handed the documents to Jack Ma, who was sitting on the sofa, talking animatedly.
"Chairman, this is information about Xiaomi Heavy Industry!"

When Jack Ma opened the documents, he found that the documents his subordinates had brought him were only a few pages long, quite different from the documents he had requested in the past. He frowned and looked through them for a while, only to find that the information contained in the documents was superficial. He looked up at Pan Xiaoling in confusion.

Noticing the look in her eyes, Pan Xiaoling quickly explained, "Chairman, because your request came rather suddenly, we can only learn about this company through official channels, information they release themselves, and some acquaintances."

"However, the information obtained by the professional investigation teams we hired was almost entirely official information and information they themselves had released. As for more private information, there was almost none."

"What their development strategy is, we don't know."

"What kind of experience do their executives have? None."

"They have no experience in financing."

"Some people are just selling home appliances, then they develop a high-performance battery, and then they launch rockets and satellites."

"But to be fair, their home appliances are indeed quite good, and you can buy them in Lin'an as well."

Pan Xiaoling's voice grew softer and softer as Jack Ma's face grew increasingly dark. Apart from Jack Ma, the faces of the other board members present also grew increasingly dark.

Looking at these seemingly irrelevant documents, Jack Ma felt a throbbing pain in his temples.

In the past, he wouldn't have considered this company a competitor, because he was in internet finance, while this company was in manufacturing.

The two sides are completely unrelated, and he is certain that his internet finance can help this company and help them develop their manufacturing industry.

but now……

He tossed the documents onto the table and addressed the other board members:

“Take a look, everyone. This is the company that got that entire 3000-acre plot of land next door for free.”

“We spent 8.5 million yuan to acquire the land, which was only about 300 mu in total. They got 3000 mu without spending a penny.”

"You all used to say that I have connections in the court, so it's easy to get things done. This is what it truly means to have connections in the court!"

The board members took the documents, broke them apart, and each took a copy to examine them carefully.

This company sells home appliances, specialty metal products, batteries, satellite navigation services...

This company has a very diverse background!

After reviewing the documents, one of the board members looked up at Jack Ma:

"Chairman, please share your thoughts!"

"I don't have any good ideas because I don't know their technical level," Jack Ma shook his head, offering no constructive suggestions.

Seeing this, the other board members didn't respond, but continued looking at the documents in their hands. After a while, another board member looked up:
"If I'm not mistaken, this company will become our formidable rival next."

After one board member finished speaking, another board member immediately retorted, "Are you kidding me?"

"It's obvious that this company was specifically invited by the Lin'an Municipal Government to supplement its manufacturing sector."

"Otherwise, they wouldn't have been able to get approval for 3000 mu of land. With so much land, what are they going to do with it—build houses instead of factories?"

"Wouldn't the Lin'an municipal government skin them alive?"

"Moreover, from any perspective, this company hasn't made much progress in software, so it shouldn't become our competitor."

Hearing the two talking to each other, the other members of the board of directors put down their documents and focused their attention on the two.

Despite being stared at by others, the two seemed oblivious. The person who had spoken first gently shook his head: "You're mistaken!"

"Their software capabilities are very strong, at the very least, in terms of security."

"Otherwise, they wouldn't be able to develop a complete satellite navigation system."

"As for the purpose of the Lin'an Municipal Government inviting them here, it is twofold: first, to supplement the manufacturing industry, and second, to connect the manufacturing industry with the Internet."

"Having such a comprehensive enterprise would bring greater benefits than having a single manufacturing enterprise or a single internet enterprise."

"Therefore, I am certain that they will become our formidable rivals in the future."

"Moreover, I believe that their direct competition with us lies in finance."

"Because the government just released the Administrative Measures for Payment Services by Non-Financial Institutions in June, given their background and strength, even if they don't focus on it, there is a high probability that they will interfere."

The words of this board member caused the expressions of the other board members to freeze instantly. Alipay's service department was established a long time ago, and related businesses have been operating for several years.

However, it must be admitted that, until now, they are in a state of "nakedness." In this state, as long as they don't cross the red lines or engage in any special business, no one will bother them.

However, those ordinary businesses don't make money, and may even lose money.

They also wanted to get involved in those special businesses, but they weren't qualified to be seated at the table.

In June, the State officially released the Administrative Measures for Payment Services of Non-Financial Institutions. The measures stipulate that all third-party institutions must operate with a license. Only by operating with a license can they engage in businesses that they previously wanted to engage in but were not allowed to engage in.

For the past month, they have been compiling relevant information and are ready to submit it at the end of the month.

Once their documents pass the review, they will be the only licensed third-party payment company in Lin'an.

At that time, the Lin'an Municipal Government will definitely provide them with a large number of policies to strongly support them.

But now, a variable has appeared before them.

What was once exclusively enjoyed by the government may now be doubled.

This means that money is becoming harder to earn.

Thinking about the reduced future profits, the board members all turned their heads and looked at Jack Ma. As the chairman of the board, Jack Ma has a keen eye and can always find hidden business opportunities.

Perhaps he has a way to deal with all of this?

Not long after handing over the materials to everyone, Jack Ma closed his eyes and leaned back on the sofa, resting.

When the discussion stopped and everyone's eyes turned to him, he naturally opened his eyes and said, "There's no need to scare yourself."

"They are very strong, but don't they look familiar to you?"

His words added a layer of doubt to their gazes.

The board member closest to him leaned over and whispered, "Chairman Ma, why do you say that?"

Noticing the confusion in their eyes, Jack Ma couldn't help but sigh. He raised his right hand, tapped his temple with the tip of his index finger, and said with a look of exasperation:

"State-owned enterprise reform involved the merger of multiple factories. The mergers were in full swing for the first two years, but after a year or two, the factories started having problems again..."

"Do you remember it?"

Upon hearing his words, the board members immediately recalled the scene they had witnessed years ago.

Several state-owned factories with some technology but not much profit and on the verge of bankruptcy were integrated into a large comprehensive factory, which initially performed perfectly.

They have the technology, the people, and the funding.

When it comes to product development, they are incredibly successful.

However, after the initial hype and opportunities of the first year or two faded, this large, diversified company became just another ordinary entity, once again teetering on the brink of bankruptcy.

The people present had all seen this scene before, but couldn't recall it because those memories had been forgotten. Now, with Jack Ma's reminder, the group remembered it again.

Looking at it this way, Xiaomi Heavy Industry almost perfectly matches the situation in my memory. The only difference is that Xiaomi Heavy Industry is a private enterprise, while those factories that are about to go bankrupt are state-owned enterprises.

However, the board members quickly found a reason for Xiaomi Heavy Industry.

Compared to state-owned enterprises, private enterprises have more freedom and flexibility in decision-making, and are better able to turn around once problems are discovered in market competition.

Only this possibility can explain why Xiaomi Heavy Industry was able to obtain 3000 mu of free land from the Lin'an Municipal Government.

After the recollections were finished, everyone's eyes turned to Jack Ma again. This time, their gazes were full of admiration for his foresight and his extensive knowledge.

Feeling those gazes, Jack Ma calmly waved his hand:

"They're just zombies!"

"A zombie that is clearly dead, that should have disappeared into the dust of history, but is unwilling to admit defeat and wants to be resurrected."

"The existence of such companies is a pure waste of resources."

"They have connections, so we're naturally at a disadvantage when competing with them!"

"But their inherent weaknesses prevent them from developing like we have. We just need to develop ourselves and wait for them to collapse on their own!"

"Therefore, our strategy remains unchanged, and we will continue to proceed according to the previously formulated plan."

"We need to widen the gap between ourselves and Xiaomi Heavy Industry, making them the opposite of us, the opposite of failure."

"And we are the positive side, the positive side of success!"

"We can even acquire them in the future!"

"Those 3000 mu of land are right next to the land we acquired. We'll leave them there for now. Once we buy them out, we'll renovate those 3000 mu of land to commemorate our hard work and pioneering spirit!"

After he finished speaking in a powerful and resounding voice, a round of applause erupted in the room. The people clapping were members of the board of directors.

They applauded, and Jack Ma raised his hands and gently pressed them down, saying, "Calm down, calm down!"

…………

Suzhou.

After a satisfying meal, Zhang Yiming returned to the arranged hotel and eagerly opened the metal combination lock case, took out the hard drive containing the chat platform, and connected it to the computer.

After the data was read, he opened the software for writing code and began to look at the code that Lin Yi had given him.

The code is written in a very standard way, with comments after each line of code, and separate explanations following the relevant code snippets after each function is implemented.

These explanations brought tears to Zhang Yiming's eyes.

When Lin Yi gave him the code, he didn't say anything on the surface, but he was still secretly afraid that there was a mountain of shit in the code. Now, he can finally put his mind at ease.

The code was extensive, exceeding 100 gigabytes. Zhang Yiming didn't read it all; he skimmed through it to confirm it was legitimate code before opening the software's run function and starting to run the code.

The code runs very smoothly, unlike the original code at all. It's as if it has been run many times, or even as if it was taken from a mature software.

Looking at the running code, Zhang Yiming felt a surge of pride. He got up from his computer, walked to the window, and looked out at the scenery.

This area is still considered the suburbs, with tall buildings only in the distance.

After staring at these tall buildings for a while, he began to look south, in the direction of Lin'an.

Having identified his target, he raised his right hand, extending his index and middle fingers forward, making a handgun gesture:

"boom!"

"Mr. Ma, I'm here!"

(End of this chapter)