Faced with unexpected success, Cai Siqiang accelerated the pace of another company listing in China. Originally, Mi China Electronics was preparing to go to the GEM, but since SAL made rapid progress and became increasingly important in China, Duke also became an indispensable key leader in technology in the minds of senior leaders, Cai Siqiang began to plan to operate Mi China Electronics on the main board.

After all, the main board has many advantages over the GEM, which can enable mi China Electronics to obtain better external development conditions. Now, you can get a good price by taking advantage of Duke's momentum. For Cai Siqiang, this is a great thing that adds icing on the cake.

After considering this, it is worth considering what business it takes to install in Mi China Electronics. After all, it is the motherboard market. Cai Siqiang cannot limit mi China Electronics' business to relatively limited markets such as navigation device production and brain wave products. In this way, the company's scale is too small and does not conform to the company's image and layout.

With such a big idea, Cai Siqiang asked his management team to sort out its business and decided to split the intelligent voice input and voice search business, game business, etc. from SAL and inject it into Mi China Electronics, forming a company mainly based on software and services. With the American Mi business, Mi China Electronics has built Mi China Electronics into a high-tech company based on voice recognition and brain wave recognition.

After business restructuring, miChina Electronics, which was originally mainly used in the production of navigation instruments and brain wave helmets, immediately transformed from the manufacturing industry into a software enterprise dominated by emerging intelligent software.

It turns out that although the output value of the navigation instrument and brain wave helmet manufacturing business is considerable, its main business scale reached more than 26 billion yuan in 2016, its business profit is relatively low, about 5 billion yuan. Judging from this revenue and profit, there is certainly no problem with going to the GEM, but due to the bright and limited growth prospects of these two businesses, there is not much room for imagination in stock prices. According to the calculations of the listed guidance and consulting company, it can be priced at about 20 times the price-to-earnings ratio.

Although according to this pricing, the value of mi China Electronics will be as high as 100 billion yuan, for a GEM company, this is already a huge behemoth, because most GEM companies have market value of approximately 10 billion yuan. Even if they are ranked by the market value of the entire SME board, mi China Electronics can be ranked among the top.

Therefore, this positioning does not meet Cai Siqiang's current expectations.

However, after injecting these new businesses split from SAL, the new Mi China Electronics main business immediately doubled by more than 50 billion yuan, and its profit soared to about 19 billion yuan. Because the revenue from smart voice input and voice search services and game business are now very low, and its gross profit margin is as high as more than 70%. Therefore, most of the more than 20 billion yuan of main business income added by the newly injected business is profit.

This scale is quite considerable. For this reason, Cai Siqiang expanded Mi China Electronics shares to 5 billion shares, and the profit per share is still as high as more than 3 yuan. Judging from Sirius' listing, this high-tech company that integrates intelligent voice and smart brain wave recognition technology is undoubtedly the real high-tech company with the highest technological content in China. It is no problem to set the price-to-earnings ratio of its initial public offering of IPO stocks to 30 times. Judging from the nature of the domestic stock market chasing hot spots, it is possible that the price-to-earnings ratio will be 60 times or even higher.

In other words, after Cai Siqiang makes such a move, the market value of mi China Electronics is likely to exceed US$100 billion, becoming a new benchmark for domestic high-tech companies and will be another new member of Duke's $100 billion market value club.

It has to be said that this capital operation method of using the opportunity to make money is really amazing. Before Duke's main business has moved much, Cai Siqiang has already built two super companies worth hundreds of billions of dollars. In addition to Feihong Co., Ltd., which was acquired earlier and Tomtom, which was tortured by Cai Siqiang, Duke has controlled three large listed companies and one quasi-listed company.

Because of the previous acquisition of Feihong Co., Ltd., which had more than 50% of its shares, the stock price also climbed like a rocket as its smart TV business progressed by leaps and bounds. When Feihong Co., Ltd.'s corporate profit exceeded 10 billion yuan last year, the total market value of Feihong Co., Ltd. also exceeded 300 billion yuan, becoming the biggest dark horse in the Chinese stock market last year. Retail investors holding the stock can be said to have made a lot of money.

Sal also made huge profits. The acquisition of Feihong Co., Ltd. invested billions of acquisition fees, and now it has made up dozens of times the profit in the account, and it seems that it will continue to rise. After all, Feihong Co., Ltd.'s smart TV business is still in the early stage of explosion and has not been widely deployed. Now Feihong Co., Ltd. is promoting and building brands at a high price of more than 10,000 yuan, so the gross profit is very high, but the total sales are not too large.

Last year, Feihong Co., Ltd.'s main business income was more than 30 billion yuan. After all, the entire supporting items of smart TV were not very complete last year, and the production supply chain from upstream TV programs to downstream production and supply chain was not smooth. By 2017, Feihong Co., Ltd. vigorously integrated the entire production chain. On the one hand, the production capacity will continue to expand, and on the other hand, the degree of integration of TV programs will be deeper, and the voice search function of TV programs will be more accurate and efficient. More importantly, Feihong's brand has begun to establish the image of high-end products through high-quality products.

With the unparalleled high-definition and convenient intelligent voice control system of Magic Mirror, Feihong Co., Ltd. is now gradually occupying the high-end market. According to Li Lifei's plan, Feihong Smart TV will further expand its product line in the future, and the entry-level model will be reduced to more than 6,000 yuan, with a size starting from 42 inches to 100 inches for standardized production and sales.

In addition, for ultra-high-end users, Feihong Co., Ltd. will carry out a TV curtain wall customization business. Using the extremely convenient splicing function of magic mirrors, Feihong Co., Ltd. can provide rich families with customized TV curtain walls with the size of a theater screen. With top-level audio accessories, it can achieve or even exceed the theater effect.

Of course, customers who need such customized services will have to pay at least 500,000 yuan, or even millions of yuan depending on the size of the curtain wall.

According to the tests of Li Lifei's team, after this plan is realized, there is basically no suspense when sales doubled and exceeded the RMB 60 billion mark in 2017.

In other words, it is also a very likely event that Feihong Co., Ltd.'s share price doubled as its business in 2017, making Duke very likely to own three companies with a market value of $100 billion by the end of the year.

After Cai Siqiang's capital operation, Duke's original nominal wealth has turned into real financial wealth. Judging from his shares, although few people can now figure out how much they occupy from complex related transactions, based on the apparent shares, it is estimated that Duke's wealth in listed companies has exceeded US$60 billion. This has not been calculated yet. MiChina Electronics, which has entered the late stage of listing, has been waiting for the final approval stage.

According to Forbes' ranking, Duke has become the richest man in China!

(Sorry, I was delayed in the morning, and there are still three updates today! This is the first update.)
Chapter completed!