Chapter 22 Hospital Visit
Chapter 22 Hospital Visit
"A few minor issues, but they've been resolved," Shen Fei said casually, as if they weren't problems at all. "We acquired Xineng Battery and restored the supply chain."
Furthermore, the newly joined Huaxin Investment will fully support Transsion.
Shen Guoming stared at Shen Fei for a while, then suddenly asked, "What's your relationship with Huaxin Investment?"
Shen Fei hadn't expected his father to ask so directly, and hesitated for a moment before replying, "It's the investor I found; they're trustworthy. We've signed a mutual agreement."
"Trustworthy? This isn't really trustworthy," Shen Guoming laughed. "The investors hold 75%, yet you retain 25%, and I'm left with decision-making power..."
Although it's a nominal decision-making power, Xiaofei, your dad isn't senile yet. Unless the investor is your father, this kind of clause...
Otherwise, no one else would have signed it.
The ward was quiet for a few seconds.
"Old Shen, your children must have their reasons for doing this, so don't worry about it."
"Mom, that's Dad's hard work after all, it's only right to ask more questions." Shen Fei finally chose to be honest: "Dad, the boss of Huaxin... is me."
Although Zhang Ruyue had some suspicions, she covered her mouth when she heard her son admit it himself.
This news is astonishing; it's an investment of 2.8 million.
There's also the battery factory, which is estimated to cost tens of millions... and that's just what's on the surface. The real financial chain... is probably an astronomical figure.
"Where did you get so much money?"
"Financial investment. You know about the economic crisis, right? Made a little money." Shen Fei glossed over it. Although the A-shares market was... it was still a farm for leeks (victims of financial exploitation), and he didn't want his father to catch that disease.
"Dad, that's not important. What's important is that Transsion now has funding, technology, and a market."
In the coming year, we will enter a period of rapid development, until we become the hegemon of Africa, and then return in glory.
"A year?" Shen Guoming interrupted him, using his own thinking to analyze the situation for him. "Xiao Fei, do you know who Li Xiangdong from Waveguide is?"
Back then, he and I were both in charge of Waveguide, but he later used some underhanded tactics to get me removed. However, I was not convinced, so I founded Transsion Technology.
But later, I competed with him for the South China market. I lost twice out of three encounters, and the only time I won was by a narrow margin. I didn't make any money at all.
This person is ruthless and has a sharp eye. They've finally caught me off guard by being sick; they won't let this go easily.
"I know." Shen Fei nodded, but his face still held a confident smile. "So we need to run even faster, until the two companies are no longer comparable."
Once we achieve annual sales of tens of millions in Africa, and once we establish our technological barriers, he won't be able to compete...
Moreover, his laughter won't last long. Bird must transform as soon as possible, otherwise they will definitely face the risk of bankruptcy in the upcoming era of smartphones.
Looking at his son's confident demeanor, Shen Guoming was momentarily reminded of his younger self.
However, he is more composed, decisive, and has a longer-term vision than he did back then.
He has Li Xiangdong's ruthlessness, but also his own softness; this is the kind of person he is...
It was destined not to happen... but how come he didn't notice it before?
What are your plans for the future?
"In the short term, we will consolidate our position in the African market and strive to capture 20% of the market share next year."
Then, we will simultaneously launch a smartphone project to leverage the African market to build our brand new system.
long……"
Shen Fei paused briefly before revealing his grand vision: "To establish our own chip design department and then realize a complete industrial chain from design to production."
"Chip, system." Shen Guoming was shocked. He knew his son had big ambitions, but he didn't expect them to be this far-reaching, even unbelievably so.
"Do you know how much money that would require? Transsion's entire net worth isn't enough to buy a second-hand production line right now, and even if you had the money, you couldn't buy one."
"Just because it's not enough now, or we can't afford it now, doesn't mean it won't be enough in the future, or that we won't be able to get it later." Shen Fei's eyes were firm; he believed that his system would definitely be able to solve these worries for him.
After all, if they can handle such amazing things as recycling and dismantling centers and high-tech enhancement centers, then chip production lines are a piece of cake.
"Dad, you've probably heard of fruit, right?"
Last year they sold 1300 million Apple smartphones and Nokia sold 4.6 million feature phones, but what about 10 years from now?
I can say with certainty that smartphones will replace feature phones, and whoever masters the core technologies will survive.
"It's a bit of a pipe dream for Transsion to make mobile phone chips now, but we can start with design and IP accumulation."
Five years, ten years—one day Transsion phones will be able to use their own chips. Most importantly, if we don't put in the effort, we'll never have them.
Shen Guoming fell silent.
This goal is too big, too far away, and sounds like a pipe dream.
But looking into the light in his son's eyes, he suddenly felt... that maybe it really was possible.
"Go for it," Shen Guoming finally said. "Your mother's home. As for the company... there are some things I should sign off on, especially things like Zhang Mingyuan's case, you're not suited for that..."
"Dad..." Shen Fei's emotions were slightly fluctuating. This was clearly sending him to take the blame...
"Remember this," Shen Guoming said, holding his son's hand. "The business world is like a battlefield. You can lose products, but you can't lose your integrity."
The evidence against Zhang Mingyuan is conclusive; he should be dealt with accordingly. If anyone else is involved, they should also be imprisoned.
If some people want to use this to retaliate... your father is still alive, it's not their place to bully my son.
Shen Fei nodded heavily.
When he left the ward, Zhang Ruyue saw him to the door.
"Mom, Dad's health..."
"The doctor said the recovery is going well, and he can be discharged after two more weeks of observation." Zhang Ruyue straightened her son's collar. "Xiaofei, your dad may not say it, but he's very proud of you. He almost cried when he watched the video of the press conference in Africa just now."
Shen Fei's nose twitched slightly, then he nodded seriously and softly said "Mmm".
"By the way, you have to promise Mom something." Zhang Ruyue said seriously, and Shen Fei lowered his head.
"No matter what, be careful. Don't push yourself too hard in the mall. Your dad's incident also made me realize that you can never earn enough money, but you only have one life."
"Okay, Mom."
"By the way, actually..." Zhang Ruyue said hesitantly again.
This hesitant, unspoken action made Shen Fei nervous. Could it be that his father's recovery wasn't as good as his mother had said, and that today was just a final burst of energy before death...?
"Could it be that Dad... is dying?"
"Get out of here, you're acting all frivolous again. It's not a big deal, it's just that... actually... you have a fiancée, and you've even met her."
It was only 20 years ago, and you two were still on pretty good terms. Let's meet up sometime.
Shen Fei opened his mouth and stared wide-eyed. More than 20 years ago, he wasn't even fully grown up yet, right? And he had a fiancée?
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