ryethenovel Chapter 124 Major Infrastructure Projects: A New Opportunity
Chapter 124 Major Infrastructure Projects: A New Opportunity
Adebayor immediately turned around.
"Mr. Fan, you just mentioned the issue of stance, saying that we are all Africans."
But I want to tell you that I also have my own stance.
He glared at Van Dijk for a moment, then said, word by word, "One must also have one's own stance in one's position. I am a senior executive at Transsion, and President Shen has been very kind to me."
I can't let the company down. Besides, I have a Chinese heart, and I'm not kidding.
Without President Shen, I wouldn't have everything I have today. One must never forget one's roots.
He spoke the last few words in broken Mandarin.
Although it was funny, it made Van Dijk feel a little uncomfortable.
Corporate executives or professional managers don't just work for whoever pays them. Transsion... the opportunity to invest in these high-quality assets seems to be more difficult than imagined.
…………
After Adebayor left, Van Dijk stood by the window for a long time.
He recalled that 10 years ago, when he made the decision to invest in Tencent, the entire industry was pessimistic, believing that they had not found a profitable model, and that continuing to burn money would only result in losses and that they would go bankrupt once they ran out of new funds.
But later, the penguin became the king of the Chinese Internet.
They used to be the ones invading China with capital, but now it's China invading them with capital.
Besides capital, culture also came in, and that's even more terrifying!
Van Dijk suddenly realized that the opponent he was facing this time was not so simple; Transsion was not training employees in Africa, but believers.
…………
The next day, Van Dijk flew back to Cape Town.
He immediately began writing a progress report: "The equity structure of companies like AfriLink is very clear, with Huaxin Investment holding 70% of the shares and management holding 30%..."
Huaxin Technology is the actual controller, but it does not interfere with the company's decision-making, making it a truly high-quality asset.
These businesses are deeply intertwined with Transsion mobile phones, and any investment requires the approval of the actual controller: Shen Fei himself.
……
The project summary was quite long, and in the last line, Van Dijk suggested: Consider reducing your holdings in some Penguin shares in exchange for an opportunity to enter the market.
At the same time, it is shifting towards establishing broader strategic cooperation with Transsion Holdings, including but not limited to joint investment in internet infrastructure in Africa, joint development of digital content, and...
He considered it for a long time: "Let's jointly cultivate a new enterprise."
…………
Guangzhou, Transsion headquarters.
Shen Fei looked at the report sent by Huang Tianya and laughed out loud.
However, given the existence of the loyalty system, he believed Adebayor's words.
After all, this is the first Deadpool!
"Adebayo's words are a bit exaggerated," he said. "His Chinese heart makes people think I've brainwashed him."
Huang Tianya did not laugh. As for the gratitude for being recognized and appreciated, it was only right and proper.
"He's right."
The internet in Africa was indeed built by Africans. However, most of them were Africans following Transsion's lead, but some got carried away.
Shen Fei nodded and put the report aside.
"What's your opinion on Naspers?"
Huang Tianya thought for a moment: "They won't give up. The African internet market is too big a pie, and they want a piece of it."
Some people are indeed ambitious and want to break free from our control.
According to our information, some people have already met with Van Dijk privately.
"Then let them go," Shen Fei said, "but not now."
"Once AfriLink reaches over 8000 million registered users, and once the transaction volume of those payment apps doubles again..."
By then, their valuation could double again, and then we can negotiate further, with Naspers able to offer more profit...
"Robbing things costs money."
…………
In Lax, in Adebayo's office, Adebayo, upon returning to the company, immediately reported his previous work to Shen Fei.
"Mr. Shen, I've met with Van Dijk, and I've said what I needed to say."
"Thank you for your hard work. You're coming to Guangzhou for this year's annual meeting. Please prepare a work summary report in advance. You'll have time to present your report at the annual meeting."
Adebayor was utterly thrilled. The company's annual meeting! A speech! This was true glory for his family.
He stared at the photo on the wall, a picture of him and Shen Fei standing together at a mobile phone stall on the street when Shen Fei first came to Nigeria two years ago.
The photo was blurry; you could only make out that Shen Fei was dressed smartly, while he was wearing a wrinkled shirt, but both of them were smiling.
Today he is a true success story, a senior executive at a multinational corporation.
…………
December 2010, 1.
The Ministry of Industry and Information Technology (MIIT) has officially released a new announcement: In order to accelerate the development of my country's mobile communications industry, the MIIT has officially launched a direct investment of 2800 billion yuan in 3G to build 3G communication facilities.
The 2800 billion figure immediately caused a huge change in the entire industry.
In 2009, the size of China's mobile phone market was only 3000 billion yuan.
This means that the government will invest the equivalent of a whole year's worth of mobile phone market revenue into 3G to promote faster market development.
Almost immediately, the three major telecom operators simultaneously announced reductions in 3G tariff packages, with an average reduction of 30%.
China Mobile's TD-SCDMA tariff has been reduced to as low as 18 yuan per month.
This news immediately topped the trending search lists on major websites.
#China Mobile 3G tariff only 18 yuan#
#2800 billion yuan infrastructure project#
"3G for only 18 yuan? Really?"
"Transsion, Huawei, ZTE, are your new smartphones ready?"
"The replacement cycle is here, and manufacturers need to be sensible."
"But this plan is still not as good as China Unicom's. When will they release a Honor Youth Edition?"
"I want a longer call, mainly because I need more data!"
Wang Jianzhou: No one can take my position!
…………
Guangzhou, Transsion headquarters conference room.
Shen Fei sat in the main seat, with a video of the Ministry of Industry and Information Technology's press conference playing on the projector in front of him.
In the video, the leaders from the Ministry of Industry and Information Technology continued reading the document. But Shen Fei had already turned his gaze back to the dozen or so people present.
"Did you hear that?"
No one spoke, but a hint of excitement shone in everyone's eyes.
The beneficiaries of large-scale infrastructure projects will definitely be equipment manufacturers like Huawei and ZTE, while terminal manufacturers will also benefit.
"With 2800 billion yuan invested, 3G tariffs will be reduced by 30%." Shen Fei walked to the whiteboard and wrote down two numbers:
In 2009, smartphone sales reached 3200 million units.
2010 forecast: ?
He turned around.
Who can guess?
Huang Tianya spoke up: "6000 million."
Yu Dazui wasn't there, but the people from Huawei's terminal were present. A vice president then spoke up, saying, "Double it up a little more, 7000 million."
Shen Fei shook his head again, then picked up a pen and wrote a number after the question mark.
One billion.
Someone in the conference room gasped softly.
"Last year it was 32 million, this year it's 100 million, that's more than three times the growth?" someone couldn't help but ask, "Mr. Shen, this growth rate..."
Shen Fei interrupted him.
「2007年水果发布的时候，全球智慧型手机销量1.2亿台，2008年1.6亿，2009年2亿。
The Chinese market accounts for just over 10% of the global market, but its growth rate is faster.
This year, the growth rate in the Chinese market has tripled.