My capital is quite large.

Chapter 170 People with Different Paths Cannot Make Plans Together

"Mr. Li..."

Lei Jun's tone was weary and puzzled. "If we really follow your plan, Xiaomi will no longer be a light-asset internet company, but a pure heavy-industry manufacturing plant!"

"Do you know how long it takes to set up a complete screen, battery, and assembly production line? The profit margin of this asset-heavy model is outrageously low! And..."

"You just said that no dividends are allowed, and all profits should be poured into R&D, and that Xiaomi might never go public?"

"If a company loses all hope of ringing the bell in the capital market to realize its value, then what are we co-founders and the core technical staff who have worked tirelessly day and night for?!"

In Lei Jun's business logic, the ultimate goal of entrepreneurship is to grow bigger and stronger, and then go public in the US or A-share market, enabling all startup teams to achieve financial freedom. This is the core wealth creation myth of the Internet age!

But now, this major investor with absolute control has actually overturned this pie-in-the-sky promise!

"What's the point?"

Li Feng leaned back calmly in the boss's chair, "My goal is to tear a hole in the US's technological hegemony and to allow the Chinese people to use core hardware that truly belongs to us."

"President Li, I admire your patriotism and sense of responsibility."

Lei Jun shook his head and said with a wry smile, "But I, Lei Jun, am just an ordinary person. What I want is a light-asset company that can change the industry landscape and ring the bell on NASDAQ, not one that fills the hole in the country's heavy industry."

"Those who walk different paths cannot make plans together."

Lei Jun stood up, his tone resolute, "Mr. Li, since we have fundamental differences in strategy, if Xiaomi never goes public, then... I hope to withdraw my investment."

Upon hearing this, several Xiaomi founding executives following behind Lei Jun lowered their heads, clearly sharing the same sentiment.

Faced with this group of top internet elites' "coup," Li Feng was not angry, and didn't even say a word to persuade them to stay.

"Can."

"I will buy back all the shares you hold."

"You initially contributed your technology as equity, without paying a single penny. But I, Li Feng, won't take advantage of you." Li Feng tapped the table. "You've indeed poured your hearts and souls into this past six months, and the first generation of Xiaomi has been a great success. The finance department will allow you to cash out and exit at a premium, based on Xiaomi Technology's current valuation of up to four billion RMB!"

They used over a billion yuan in real money to buy out the shares held by Lei Jun's team!

Upon hearing this number, a look of shock flashed in Lei Jun's eyes, and he then bowed deeply to Li Feng.

"Mr. Li, you have great vision! Our cooperation ends here. Thank you for your initial trust. Let's cooperate again in the future."

There were no arguments, no fights.

With Lei Jun's departure, Xiaomi Technology has undergone an unprecedented major reshuffle.

Many executives who were hoping to get rich quick through stock options listings submitted their resignations after hearing the decision to "never go public."

Li Feng sat in the main seat, looking at the mostly empty conference room with a cold gaze, and didn't try to persuade anyone to stay.

On his warship, which is destined to face the storms of the times, there is no need for speculators who only focus on price-to-earnings ratios and cashing out by ringing the bell!

……

The news of Xiaomi's major reshuffle and Li Feng's complete share buyback and announcement that the company would never go public spread like wildfire and quickly made headlines in major tech media outlets!

Fiyta Building, Nanshan District, Shenzhen.

Pony looked at the news on his computer and couldn't help but let out a gloating sneer.

"Heh, young people are just too arrogant."

Pony Ma picked up his teacup and sneered at the executive beside him, "Just because a pan-entertainment internet company has a few spare coins in its account, does it really think it's some kind of national team running heavy industry?"

"He's taking too big a step; he'll inevitably run into trouble sooner or later! Even a leader of Lei Jun's caliber has been driven away by him. I wonder where he'll find someone to take over that mess!"

In Pony Ma's view, Li Feng's behavior is typical of a nouveau riche with an inflated ego, abandoning the most profitable light assets to engage in heavy industry, which is utterly foolish.

however.

Before the mockery from Tencent's top management could last three days, a massive "earthquake" that shook the entire Chinese telecommunications and technology industry struck.

Breaking News! Huawei's Consumer Business Group changes leadership! Yu Chengdong resigns from all positions at Huawei and officially joins Haofeng Group as Global CEO of Xiaomi Technology!

This news caused an uproar across the internet!

At this point in 2012, Yu Chengdong had just taken over Huawei's terminal business and was facing the intense growing pains of transitioning from carrier-customized phones to high-end smartphones. He was being heavily criticized internally and was arguably at his least favored stage.

But Li Feng, at this crucial juncture, arrived with an irresistible offer!

"I'll give you 5% of Xiaomi Technology's stock dividend rights, plus priority scheduling rights in the Huaxin semiconductor supply chain!"

"You have decision-making power in hardware R&D, supply chain management, and end-user sales! I, Li Feng, am only responsible for providing the funding and covering the costs; I will never interfere with any of your business operations!"

Ample money and sufficient power!

This extreme trust and delegation of authority impressed this tech whiz, who was inherently ruthless and arrogant!

Not only did Yu Dazui switch jobs himself, but he also took away a large number of hardware experts and supply chain staff who were frustrated in the original manufacturer, thanks to his deep connections in the telecommunications industry!

Shenzhen, Huawei headquarters.

When he learned that Yu Chengdong had led his core team to leave for another company, the usually composed and steady Mr. Ren was so angry that he cursed in his office!

"That Li Feng! He's actually trying to poach my employees!!"

……

Jinling, inside the CEO's office.

Li Feng was very satisfied to see Yu Chengdong take over Xiaomi with great strides and steadily advance those capital-intensive factory construction plans.

Lei Jun is good at internet marketing, but when it comes to fighting tough battles like supply chain management and heavy asset manufacturing, it takes someone like Yu Zheng, who has a bandit-like personality, to be effective!

However, poaching talent and acquiring all shares are also expensive.

In addition to the initial expenses incurred in developing the semiconductor industrial park, Haofeng Group is showing signs of cash flow shortage.

"Boss, this is the receipt we just got from the bank." Zhang Xinyu handed a document to Li Feng.

In order to alleviate financial pressure and ensure that the core of the pan-entertainment business is not affected, Li Feng has made a crazy move in the past few days.

He pledged his 17.5% stake in Nvidia to an international banking syndicate through an offshore company.

In exchange, they obtained a huge loan equivalent to 80 billion RMB!

"Adding to the 30 billion yuan special syndicated loan previously signed with the province..."

Zhang Xinyu said with slight worry, "Boss, our current apparent debt has reached a staggering 380 billion RMB!"

380 billion!

This is an astronomical figure that would suffocate even an ordinary person.

However, looking at the pledge receipt in his hand, Li Feng felt a strange sense of pleasure.

"No wonder Hsu Pi-pi was able to leverage up to two trillion later on..."

Li Feng couldn't help but sigh, "The feeling of using bank money to expand is indeed addictive."

……

"Knock, knock."

Just then, there was a gentle knock on the office door.

Zhang Xinyu opened the door, and her eyes flickered slightly when she saw the person standing outside.

It's Yang Mi.

At this moment, Yang Mi's face radiated beauty.

"Boss~"

Yang Mi didn't even bother to close the door before rushing into Li Feng's arms.

"I heard you returned to China ahead of schedule, so I flew over immediately as soon as I heard the news!"

Yang Mi wrapped her arms around Li Feng's neck, her voice sweet enough to be cloying.

She was so happy!

When Yang Mi learned that Li Feng had suddenly abandoned Liu Yifei and returned to China before she gave birth, she almost burst out laughing in her apartment!

This shows that in the boss's heart, the so-called "fairy sister" and her unborn child didn't mean much at all! The boss wasn't even willing to spend a few more days with her!

"I knew it! As long as I can have children, the boss won't show favoritism!"

Yang Mi thought to herself with smug satisfaction.

She carefully took out a piece of paper from her designer handbag and handed it to Li Feng like a precious treasure.

"Boss, look!"

It was a black and white ultrasound report!

"Boss, I'm pregnant too!" Yang Mi's eyes sparkled with boundless ambition for the future.

With this list, her position in Haofeng's harem is now secure!

Let's see how Liu Yifei will act like a proper princess in front of her from now on!

however.

Looking at the ultrasound report, Li Feng's expression was not as excited as Yang Mi had expected; instead, it was unusually calm.

"If you have it, take good care of it."

"However, you don't need to go abroad to give birth this time."

Yang Mi's smile froze!

Not going abroad?!

In the Chinese entertainment industry, where paparazzi are everywhere, if a top-tier celebrity becomes pregnant out of wedlock and stays in China to give birth, being photographed by paparazzi could be a major scandal that could destroy her career!

"Boss... if I don't go abroad, my belly will get bigger and bigger..." Yang Mi panicked.

"Two choices." Li Feng's tone left no room for argument.

"First, just pick any male artist from the company, or find an obedient cuckold outside, go through the motions of a fake marriage, make the marriage official, and cover it up."

"This is absolutely unacceptable!!"

Yang Mi practically screamed as she rejected the suggestion!

Are you suggesting that Yang Mi enter into a fake marriage with another man?! To let those outsiders benefit from it?!

Wouldn't she become a laughingstock in Haofeng's harem, in front of these innocent sisters? She would never be able to wash away this stain in her life!

Even if she had to give up her reputation, she would never allow herself to be linked to another man! She was born to be Li Feng's woman with his secret seal, and she would die cleanly by Li Feng's side!

"Boss, I don't want any green gloves! I think they're dirty!" Yang Mi grabbed Li Feng's arm urgently.

"Since you don't want a fake marriage, then choose the second option."

Li Feng looked at her and said calmly, "Go to Hong Kong."

"Hong Kong?" Yang Mi was taken aback.

"They have the best private hospitals there, and the medical conditions are no worse than in Canada."

Upon hearing this arrangement, Yang Mi began to make plans.

Going to Hong Kong for pregnancy, while not as legitimate as going to Canada to "avoid the limelight," does offer a guarantee of safety and privacy under the protection of the boss's power.

Most importantly, in Hong Kong, she is still very close to her boss!

"Okay! I'll do as the boss says, I'll go to Hong Kong!"

Yang Mi agreed, but then pleaded with a hint of coquetry:

"But boss... Director Guo's 'Tiny Times' is about to start filming."

"This is a big IP, could I... could I finish filming my scenes in 'Tiny Times' before going to Hong Kong to prepare for childbirth? I'm still early in my pregnancy, I can be fine if I'm careful. Otherwise, by the time I return to work after giving birth, Tang Yan and the others will have stolen all the attention..."

Even while pregnant, this little fox's ambition and sense of crisis remained terrifyingly strong.

Tiny Times?

Li Feng didn't care about the quality of that terrible movie that combined materialism and infighting; it was just a tool to fleece fans in the era of internet traffic.

As long as it makes money for the company, she'll film whatever she wants.

On the contrary, mentioning Hong Kong made Li Feng's thoughts suddenly clear.

Since overseas assets are at risk of being confiscated at any time, Hong Kong, as a special springboard and reservoir of funds, becomes particularly crucial!

"Sure. We can go after we finish filming 'Tiny Times'."

Li Feng reached out and pinched Yang Mi's delicate and charming face, giving her a sense of reassurance.

"Perfect timing, I need to go to Hong Kong next month to handle some asset transfer matters."

"Come with me to Hong Kong. While we're at it, I'll pick out a property for you to take care of during your pregnancy in the Mid-Levels."

Personally accompanied! A luxury villa on the hillside!

She not only saved her career, but also received the most substantial reward from her boss!

"Thank you, boss! I knew you loved me the most!" Yang Mi excitedly threw herself into Li Feng's arms. The grievances she had just felt had vanished, and all that remained in her heart was endless greed and longing for the future.