1991 Starting from the core

“As an important partner of Xinghai, Oak Tree, and Xingliang, and as an old friend...Whether it is the interests of the group or my personal emotions, I hope that Morgan Stanley can avoid the crisis caused by subprime loans to the greatest extent. . This hope has no interests or appeals." Su Yuanshan carefully considered the words: "If I have to stand at a higher perspective, it may be that through this friendship, I hope to achieve cooperation with Morgan Stanley in the capital field. Let’s move forward together.”

Su Yuanshan said this very implicitly, but Mike understood it instantly.

As a Wall Street boss, he is certainly aware of the series of pressures currently facing Yuanxin, and he can also tell that Yuanxin is actively seeking "reconciliation" and "survival."

In this situation, whether it is Yuan Xin or Su Yuanshan personally, seeking allies is a natural choice.

So Mike smiled and nodded.

There is nothing more interesting and rewarding than being Yuan Xin's ally and Su Yuanshan's friend.

But then, his expression became serious.

"Sue, tell me, do you think this is a real disaster that will actually happen?"

"Yes, I think this is true and will happen." Su Yuanshan also nodded seriously: "The subprime mortgage crisis is determined by the economic situation and the cyclical nature of capital as well as many other factors. It is not based on individuals or individuals. It is not based on the will of a certain group or even the country.”

"Then Lehman Brothers may be in danger." Mike immediately thought of Lehman Brothers, who played the most aggressive role in subprime mortgages, with a worried look on his face.

"The choice is not in our hands." Su Yuanshan spread his hands and looked helpless: "Although I am very reluctant to see your economy have problems, because it will cause a disaster in the entire world economy, but this is indeed not the case. What I can do. Even if I go to your Finance Minister now, he won’t listen to me..."

"Believe me, John Snow will definitely listen if you ask for it."

"Forget it, don't ask for trouble." Su Yuanshan smiled and stretched out his hand: "Give it back to me."

Mike was stunned for a moment, and after making an extremely dissatisfied expression towards Su Yuanshan, he finally handed the document to Su Yuanshan.

Of course, he didn't want to regard this document as a guide. Even if the analysis report was very organized, logical and convincing, he still had to go back and start the investigation and finally make his own judgment. But if there is such a document as a reference, then if the conclusions are consistent, the persuasiveness will definitely be much more detailed.

"Okay, what do you want to eat tonight? I'll treat you."

After taking back the documents, Su Yuanshan glanced at his watch, stood up and sent out the invitation.

*

*

Mike stayed in the country for a full week, and stayed in the provincial capital for three days.

After sending Mike away, Yuanxin's first executive board meeting in 2006 was held as scheduled on the first day of the school's winter vacation.

At the meeting, Duan Yongping, the three giants of Yuanxin who had reached a consensus, proposed that Yuanxin should slow down the pace of business expansion in 2006 and comprehensively consolidate existing business plans, and put forward the theory that Yuanxin has entered a precipitation period.

The three giants have reached a consensus, and the rest will naturally not object. After all, Yuanxin is now involved in almost all modern fields, from energy to semiconductors, from consumer electronics to home appliances, from biotechnology to automobile manufacturing...

Moreover, Yuanxin does not personally get involved in new industries and fields, which does not mean that its affiliated companies and departments cannot expand according to their own conditions. Duan Yongping even said that each company expands according to its own situation, which itself is business consolidation relative to Yuanxin.

With this statement, no one has any objection.

But a new problem ensued - the group headquarters held hundreds of billions of dollars in liquidity. If such a large amount of money was not used, it would obviously be a blasphemy against capital.

Apart from the necessary risk confrontation, who exactly spends the money and in what field... is the focus of everyone.

The first person to stand up was naturally Zhou Xiaohui.

Since the middle of last year, she has devoted herself wholeheartedly to the field of home appliances. Now she has some extremely beautiful product progress and arrangements in her hands. As the field last year, it is only natural that she will continue to spend money today.

Followed by Wang Chuanfu, he said that new energy vehicles themselves are an extremely money-burning industry. Even with state support, it is obviously impossible to rely on the automotive sector to operate on its own, let alone the deployment everywhere. The battery swapping station. Even if the power replacement station has the lithium battery giant Suoxin standing behind it, the money still needs to go to grandma's house - if Yuanxin doesn't help, I'm afraid it will be a bit unsustainable.

But someone immediately retorted that Sony was still standing behind Suo Xin. If we really wanted to find my grandma's house, what would Sony say?

Wang Chuanfu laughed at this rebuttal and said that it was just the right time to pull Sony off...

Everyone: "..."

When Su Yuanshan saw Wang Chuanfu being such a swindler, he immediately smiled and said: "Mr. Chuanfu's words are actually quite good. Sony has been making a fortune for so long, and it's time to bleed."

Wang Chuanfu smiled and nodded: "That's right, they are always looking at game consoles. What future does a living room equipment like a TV have?"

This sentence... obviously offended more than one person. At that time, Zhou Xiaohui, Ding Lei, Pony and others refuted Lao Wang... At the same time, Ding Lei Shunpole said that although Yuanxin is not involved in the game industry, it cannot underestimate the other values ​​attached to the game industry, let alone the game industry. Impact in terms of occupying the user's time and desktop.

Ding Lei's words were strongly recognized by Pony, and the two sang together, saying that this year they can increase Yuanxin's investment and influence in the Internet and gaming fields in order to complete the layout of the entertainment strategy as soon as possible.

When it comes to entertainment, newly-minted executive board member An Siying and Wan Yongliang, who has always claimed to be here with only his ears, their eyes lit up at the same time, and they seemed to have found a soulmate...

So, everyone went by noisily like this throughout the morning.

…

"It's a good thing that our meetings have never been disclosed to the outside world. It is a top-notch secret. Otherwise, if outsiders see a group of people chattering like kindergarten children, even their eyeballs will fall off."

During the lunch recess, Xi Xiaoding came to Su Yuanshan's office. He pulled the folded towel under the coffee table and covered himself. After thinking about it, he kicked off his shoes. He lay down on the sofa, supporting his head with his hands, and smiled at Su Yuanshan. Far mountain road.

Although they all work in the park, Pandora is more than one kilometer away from the new administration building in a straight line. Xi Xiaoding is too lazy to go back or go home, so he simply comes to Su Yuanshan to relax for a while.

He took Su Yuanshan's lunch break spot, so Su Yuanshan had no choice but to put down the boss's chair and lie down.

The two people were about four meters apart, which did not hinder the conversation.

"But we all know that only kindergarten children can really speak freely." Su Yuanshan put his hands behind his head, half-squinted his eyes, and smiled: "If it were the same as the administrative meeting, all words must be expressed by gestures. Hand, then it would be boring to open it.”

"But there are more wolves and less meat. What do you think?"

"I didn't think about it. Lao Duan and I only determined that the home appliance business must be supported." Su Yuanshan pursed his lips: "The past two years have happened to be the implementation period of the concept of smart home appliances. In another two years, the big business will be launched." The scale of transformation and application period. If you miss this trend, I am afraid that in the future, you can only rely on Yuanxin's own appeal to promote the market... and it will also give people the feeling that Yuanxin has started to 'follow the trend'. This will not good."

Xi Xiaoding thought for a while and finally agreed with this statement.

"As for whether the other things are on the chip or on the tram...it depends on their respective situations. Is Lao Li still communicating and discussing with Lao Gao?"

"Yes, how about asking Gao Xiaodi to attend the meeting in the afternoon?" Xi Xiaoding suggested.

"Forget it, Lao Gao gets excited easily as he talks... It depends on what Lao Li says. But I think the processor should just follow the rules. Now we have no process advantage over Cyrix and AMD. Those three companies have brought the battlefield to sedimentation and foundation, which is very detrimental to us... We can only wait for another two years to wait for the domestic economy to take off."

Hearing this, Xi Xiaoding immediately sat up and said in surprise: "Can you still take off?"

Su Yuanshan had already closed his eyes. When he heard Xi Xiaoding's movements, he opened his eyes and laughed: "Have you forgotten that we still have the Olympics?"

"...Listen to what you said, it seems that the Olympics is some kind of medicine to save the world - oh no, it shouldn't be a medicine to save the market, but chicken blood."

"Well, that's not a bad thing to say... But, how should I put it?" Su Yuanshan said softly: "Because in the next two years, the world may experience a large-scale economic crisis, and of course we will inevitably be affected... So If the Olympics can be successfully held, it will undoubtedly be a good medicine to save the market."

Of course, what Su Yuanshan didn't say was that in two years' time, in addition to the Olympics, there would be post-disaster reconstruction, and... a big release.

This water is naturally used to absorb the impact of subprime mortgages. In the previous life, this water poured into the real estate market to a large extent - this was not just a matter of a few real estate speculator groups, but because there was not an excellent water reservoir in the country, which caused a large amount of water to flow into the real estate market from infrastructure construction and trade. The assets generated naturally entered the real estate market driven by various factors and interests of all parties, thus creating three miracles.

——U.S. real estate and Japanese bonds.

Su Yuanshan knows that the trend is irreversible, but it must be controllable.

But the prerequisite for controllability is to give direction to capital and investment.

Although the stock market is a natural direction, it is far from enough.

Su Yuanshan thought for a long time and discussed with relevant experts many times. The final answer may be controllable Internet finance - through Internet finance, the internal stability and external harvest of discrete capital can be achieved.

"By the way, speaking of the Olympics, senior brother, have you heard about the preparations for the opening and closing ceremonies of the Olympics?"

"Uh... where can I go to hear the news?" Xi Xiaoding was startled by Su Yuanshan's leaping thinking, shook his head and said: "What? Do you want Yuanxin to appear? Or sponsor?"

"Sponsorship must be sponsored, just show up. But technology can show up..." Su Yuanshan squinted, thinking of the moment when the drone cluster performed in the air - how shocking it would be!

Drone flight performances, because Jingwei has always regarded this as a confidential mission - so much so that Ma Mengqi thought that this would be a technology for the military, so it has not yet emerged on the market. Only a few universities are beginning to conduct tentative research, and only on a small number of drones.

Jingwei, on the other hand, has achieved cluster control of more than two hundred drones, and Su Yuanshan's goal for them is thousands.

After all, what Lao Mouzi likes is big scenes. As for the number of drones, the more the better.

"Let's take a rest, senior brother... we have a meeting in the afternoon."

"...Okay, sleep, sleep, sleep."

…

In the afternoon, the meeting continued.

After experiencing the kindergarten-style "clique-making" in the morning, the speech in the afternoon will be much more precise. After all, many people also took advantage of the noon time to prepare.

As expected, Li Mingliu gave suggestions on restructuring semiconductors, and said directly that if the CPU department is no longer left alone, it will really be the last one in the world.

Due to the special nature of Li Mingliu's identity, no one refuted him face to face - as we all know, Li Mingliu is the most popular general of the General Manager, and he is also the only four people present here who are both members of the Science and Technology Committee and the Executive Board. The person in charge of Shanghai Science and Technology Park, the second largest industrial park after Yuanxin Headquarters Technology Park, can be regarded as the actual person in charge of Yuanxin Semiconductor Industry besides Mr. Shan.

As for Yuanxin, as everyone knows, it has always carried the semiconductor gene and has always regarded itself as a semiconductor company.

Therefore, Li Mingliu's words have always been very effective.

But this time, he did not get Su Yuanshan's support... On the contrary, Su Yuanshan believed that what the processor department currently needs is to proceed step by step, stabilize the existing market, and expand in the server market at the same time - of course, he supports this.

Now that Su Yuanshan said so, Li Mingliu decided not to argue with Mr. Shan in public after enduring it for a few times.

Anyway, tomorrow is the meeting of the Science and Technology Committee, and Gao Xiaodi will naturally ask Mr. Shan to speak out.

By the end of the evening meeting, the new energy and home appliance businesses were finally finalized.

After all, these two areas can be regarded as a continuation of the direction of the previous two years. The strategic intentions have not yet been achieved. If we do not continue to increase investment, it is very likely to cause unexpected consequences.

Especially trams and battery swapping stations, they also bear the common interests of Yuexin, General Motors and Western capital.

In the current situation, the more interest groups are tied to Yuanxin, the more beneficial it will be to Yuanxin.

At the end of the meeting, Su Yuanshan clearly raised the dangers of subprime loans and their impact on the entire world economy. He believed that in order to cope with the impact, it is necessary to hold a certain amount of cash in hand.

To take a step back, what if... I can pick something out of the fire, something missing... Who knows?