In the afternoon of November 7, Sina Technological News reported that the Fifth World Internet Congress opened in Wuzhen today. In an interview with the media, Lei Jun, chairman of the millet group, said that the millet IPO had not actually voted in favour of itself. It would be better if there were two or three years to go public. However, he said that this year is also a time to market, which can be accepted by the market.
Millet IPO did not vote in favour.
In May of this year, Xiaomi submitted the IPO application for eight years and officially landed at the HKEx in July.
In fact, last year when the rumors of millet coming to IPO came out last year, Lei Jun had denied it all the time. When asked why he chose this year's IPO, Lei Jun disclosed that the board of directors of millet conducted an evaluation at the end of last year, believing that the size and timing of the IPO had reached, and most of the millet executives supported the IPO after meeting for research. But in fact, he and one or two other executives did not vote in favor, and it would be better to go public in two or three years.
Another executive who Lei Jun mentioned did not vote for was Wang Chuan, the co-founder and senior vice president of millet. In an interview, Wang Chuan disclosed that the reason why he did not vote for millet was that millet was not short of money. "Is it important or not?" Important; care or not? I don't care. "
"Jinshan was listed more than ten years ago, and there will be a variety of pressures after the listing, such as investors, stock prices and so on." However, Lei Jun also stressed that this year is indeed a time point for the market, millet has been established for eight years, to accept the tempering of the market will be better.
The change in battery technology is most concerned.
At the end of October, Xiaomi announced its shipment volume of over 100 million units, ahead of this year's target.
Lei Jun said that 100 million sets of millet is indeed a milestone, but after completing the task, he is also thinking about how to maintain high-speed growth in the next year. "The first three of our friends and businessmen are extremely strong, in order to win in the future competition, millet must remain innovative."
Regarding the future layout of millet, Lei Jun gave two aspects, one is quality and user experience. "Made in China should win in quality, user experience and design"; the other is internationalization. He revealed that millet has entered 80 countries, ranking the top five in 25 countries. But he hopes to be among the top three in these countries.
Lei Jun gives several answers to the most concerned future trend.
Firstly, enterprise services, i.e. industrial internet, are relatively backward in terms of enterprise services in China compared with the United States. There are many companies with a market value of 10 billion in American enterprise services, but there is no one in China, which means that there is still a lot of market space for enterprise services.
Second, 5G and IoT, he said, will launch 5G commercial mobile phones in Europe in March and April next year, "This is a very important opportunity for millet." At the same time, IoT is also developing rapidly. Lei Jun said that by the end of the second quarter of this year, Xiaomi IoT platform has connected 115 million devices, which can be controlled through Xiaomi's Xiaoai speaker, which ranks second in the field of smart speakers in the Chinese market.
Again, Internet companies go to sea. "We see potential Snapchat and Facebook in India and Southeast Asia. "Lei Jun said at the China International Import Expo recently that millet has nurtured twenty or thirty mobile Internet companies in India.
Finally, Lei Jun is most concerned about the battery technology change, which means that it will solve the charging problem of smartphones, "If button batteries can be used for one year or two, all devices will be subversive." (Zhang Jun)
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