After meeting with Zhou Xiao, Yu Jiangdong returned to Shenzhen Stock Exchange that day and reported to the board of directors in person.

Warwick's mobile phone business has reached its most dangerous moment, and the pressure on Yu Jiangdong has also made the others on the board of directors empathize.

But empathy is empathy, and no one can help without chips, and they are all anxious.

The next day, Warwick held a board meeting to discuss the news that Yu Jiangdong proposed to jointly establish Xingrui Technology Company with the source code technology company under the Origin Group to jointly build a mobile phone.

When Yu Jiangdong reported the plan, source code technology companies accounted for 51% and Warwick only had 49%, it also caused a lot of controversy.

"Warwick has never suffered a loss in such cooperation. In the future, the establishment of a mobile phone company will be almost all of it from production to sales. Origin Group just gave a battery. The Singularity System is now public. We can use it and Xiao Mi can use it, which is not a favorable treatment! We do not accept this share."

The directors spoke one after another.

"I can't accept it either. My opinion is not to talk about joint ventures or equity! We spend money to buy batteries and settle according to the number of batteries. This is the most scientific and beneficial to both parties!"

The director's speech was quite stubborn, which made Yu Jiangdong smile bitterly.

Yu Jiangdong quickly said: "The purpose of establishing a joint venture with the Source Code Company is to give Warwick the only right to use the battery. If we give money according to the quantity of the battery, then Origin Group can sell this battery to Xiaomi and other mobile phone companies, rather than just to Warwick."

In order to reach this cooperation, Yu Jiangdong was very thoughtful. He said: "Our mobile phone industry actually has no advantages over Xiaomi, blue factory and green factory. Although we can design chips, we cannot produce chips. In addition, the chips are out of stock again, and the mobile phone industry is about to go down."

Yu Jiangdong's heartfelt words also made many directors listen.

But the directors still master one principle.

"The equity matter is too low. This is absolutely unfair to the labor we have paid. We don't have to pay back the money on the ground. We need 70% or 80% of the shares, but we will never be able to receive forty-nine percent."

"Yes! Since Mr. Yu just mentioned some special situations, then 50% is our bottom line. We need to discuss this with the Origin Group."

Yu Jiangdong also said: "Although our shares are a little less, the future mobile phones retain the Warwick brand and are sold under the Warwick brand."

director:

"They are lucky to use the Warwick brand. Warwick has worked on mobile phones for so many years and has a strong influence. This should be the advantage of our negotiations! How did it become our compromise?"

"I still support Mr. Yu's suggestion. It doesn't matter much. The most important thing now is to enable Warwick's mobile phone brand to recover again. We need to find a good way to survive before producing powerful chips. Cooperating with Origin Group is the only way and the best way."

The directors said verbally that some support and some objections, but in general, there were more objections.

The reason for opposition is the question of how much equity is.

They believe that Yu Jiangdong has made too many compromises and concessions, and Warwick will definitely make more contributions in the future than Origin Group.

Since Warwick has paid more than Origin Group, why does it get less profit?

Looking at the board of directors who were quarreling, Yu Jiangdong only smiled bitterly.

Compared with the young and energetic Origin Group, Warwick seems more cautious and lacks courage.

From the perspective of the company, the views expressed by these directors are actually correct.

But they have been listening to reports from their subordinates in the office and have not gone out to take a look. Some of them have not learned about the specific situation of Warwick's mobile phone business like Yu Jiangdong.

Yu Jiangdong could only say loudly: "Quiet, please calm down, please calm down."

The directors all calmed down.

Yu Jiangdong said: "Please allow me to use the big screen."

After obtaining permission, Yu Jiangdong turned on the large screen, which showed a super thin and thin mobile phone with a full-screen microbial battery designed by Origin Group.

Yu Jiangdong said: "What I want to say now may make everyone unhappy, but what I am talking about is the dilemma facing our mobile phone business now, and it is also the reason why I ask for cooperation with China Origin Group."

"You can see the phone on the big screen. This is not designed by Warwick, but by Origin Group. Full screen, under-screen fingerprint and camera. You may say these things are available on the market now."

"But on the back is this new technology of Origin Group, microbial batteries. It can rely on a little rice, which is an edible organic substance, and can run for a week."

pretty!

This is the first thought of many directors after seeing their phones!

Why is beautiful!

Because it is minimalist and lightweight!

Why are Pingguo mobile phones always complained about, but there are always many people buying them, and their appearance accounts for a large part.

Warwick's mobile phones will give people a heavy and mature feeling, but Pingguo's mobile phones will definitely give people a feeling of being young.

Warwick knew this a long time ago, so he sacrificed the performance of his phone to launch the thin and fashionable NOVA series and confirmed good results.

Yu Jiangdong said: "The performance of mobile phones is a rigid requirement for most enthusiasts. For more users, as long as the mobile phone is capable of being used, appearance is what they value more."

"I hope everyone can understand that the phone on the big screen was designed by China Group. If China Group is willing, they can cooperate with Xiao Mi to install high-tube chips and Sanxing's memory. They can also cooperate with Blue Factory and Green Factory to find popular celebrities to advertise."

Yu Jiangdong said incisively: "Now it is not that Origin Group is asking for cooperation, but that we are asking for cooperation from Origin Group."

"If Origin Group loses us, there may be better partners. But if we lose Origin Group, we may completely lose the mobile phone market in the next few years. I hope everyone can understand this."

"49% equity is not the bottom line, but our upper limit. If everyone can vote to reject this proposal for the sake of so-called corporate honor or corporate dignity, and Warwick's mobile phone business can also be dissolved."
Chapter completed!