502: Chapter 502 Google's Compensation: 5.5% Settlement

After spouting a string of nonsense, Lei Jun waved his hand again.

"Students, you are living in the best of times. The wave of China's technological rise is right at your feet.

Therefore, I sincerely invite everyone to join Xiaomi after graduation.

Let's create the coolest products together, change the world together, and let the whole world use China's technology!"

Just as Lei Jun finished speaking, everyone in the audience, regardless of their attitude toward him, subconsciously nodded at that moment.

After all, the information on the internet might be fake, but the attitude Lei Jun showed in front of them... was indeed different from what they had learned online.

He seemed like a leader with dreams and real ability.

Joining Xiaomi might be the right choice.

The students from the School of Literature in the audience had stars in their eyes, especially the girls, who wished they could join Dami Company right then and there.

[Shen Fei: I completely agree with your decision.]

After the speech, in order to further establish his tragic persona, Lei Jun specifically left a few minutes for a Q&A session for the students.

"Mr. Lei, now that Transsion has restarted Bird and is focusing on cost-effectiveness, will Xiaomi feel pressure in the face of the joint threat from Bird and Honor?"

Speaking of this question, Lei Jun remained very composed:

"Healthy competition is a good thing.

We welcome all partner companies to work together to grow the domestic mobile phone market.

Xiaomi's advantage is our hardware and our software development capabilities; we are not afraid of competition."

There was another round of applause from the audience. The eyes of the girls from the literature department brightened even more; after all, Lei Jun was too domineering, and they wondered if he would leave some backdoors for them.

Next, many more questions were answered, some regarding Xiaomi's future plans and some regarding recruitment information.

In the end, the students of Yinghan University all cheered, as Lei Jun promised to recruit 1,500 people from Yinghan University this year.

After the speech, guided by media reporters, Lei Jun signed a school-enterprise cooperation framework and the corresponding donation agreement with the school leaders.

Two hundred million yuan, of which 20 million would be used for scholarships, and 180 million for building a new teaching block.

#Lei Jun Gives Back to His Alma Mater#

#Xiaomi Donates 200 Million#

Supported by the trending topics, the Mi Fans who originally couldn't hold their heads up instantly puffed out their chests.

"Damn! Mr. Lei is truly impressive. He just received a round of financing a while ago, and he's already using the money for his alma mater. Who can compare to an entrepreneur like this?"

"This makes me have to mention a certain 'far ahead' manufacturer. They scam so much money from the country every year, yet they aren't willing to invest a cent into basic education."

"After all, once the money enters their pockets, it's theirs. If you ask them to donate to schools, what kind of situation is that?"

"Are you guys above really ignorant or just pretending to be confused?"

"What pretending to be confused? I only know that a certain company's security is as fragile as paper! The equipment our company bought hadn't even been used yet before it crashed, directly delaying a contract worth over 20 million. Why doesn't that manufacturer stand up and provide compensation?"

The Mi Fans continued to stir up the rhythm in the comment section. Meanwhile, at Transsion headquarters, the public security department was notifying Shen Fei of the relevant situation. Under intense pressure, a portion of the people had indeed been arrested.

But in reality, it was only a few dozen people.

"Leader, this is already a historic breakthrough. In the past, they didn't take our notices seriously at all. Being able to get dozens of people sent back now is already quite good."

The leader from the Ministry of Public Security on the other side nodded as well. That was indeed the case!

But just then, the phone on Shen Fei's desk rang. The source showed it was from the United States, so Shen Fei understood that the 'gift-giving boy' was ready to negotiate.

"Mr. Pichai, it's been a few days. I assume the board has reached a result."

"Mr. Shen, after an emergency consultation, the board has decided we can make concessions."

The voice of Sundar Pichai on the other end of the phone was filled with exhaustion.

After all, this was 6% of the shares, a significant amount of wealth according to Google's market value. Just to prevent retaliatory measures from Transsion... this cost was beyond their imagination.

But to prevent... to prevent unnecessary trouble, they ultimately compromised!

"Mr. Shen, 6% is really too much, so we can agree to a maximum of 5.5%. And it will be 5.5% in common stock, without voting rights, but it will not affect dividend rights."

Before Shen Fei could speak, Sundar Pichai said again in a very exhausted tone:

"I know you might not be satisfied with this result, but this is the biggest compromise the board has made."

Shen Fei on the other end of the phone was a little surprised. Sundar Pichai had learned his lesson and preemptively said what he was going to say, so how was he supposed to respond?

"Then this..."

On the other end of the phone, Sundar Pichai slammed his chest, as if he had made a certain decision.

"Huaxin Investment will not need to dilute these shares; they will all be ceded by other shareholders. This is about the same amount as the total 6% of shares. This compromise is already big enough. We hope that all evidence related to the attack incident will be permanently destroyed, and the virus must also be sealed."

5.5%, plus no dilution—this... this condition was indeed a bit higher than what Shen Fei had thought. After all, he had been a bit greedy at the beginning...

Now that the other party could accept this plan, it was indeed acceptable.

Of course, he also knew in his heart that Google was afraid.

They were afraid of antitrust investigations and, at the same time, afraid of other Android manufacturers jumping ship faster.

The corner of Shen Fei's mouth curled into a smile: "Mr. Pichai, you are indeed straightforward! Since Google has shown sincerity, I will give you a firm answer!"

"Payment and delivery at the same time. On the day the share transfer process is fully completed, all original evidence backup logs will be completely physically destroyed under the joint witness of both technical teams, leaving no traces."

"We are professionals when it comes to business."

Sundar Pichai on the other end of the phone sneered. They were indeed good at business; being able to extort so many things from a zero-cost transaction... he had truly never seen a manufacturer more black-hearted than this.

Just as he was cursing Shen Fei in his heart, a sentence from Shen Fei left him stunned again:

"But I will state the ugly truth first: this 5.5% only buys this incident. In the future, if Google participates in any suppression actions against Transsion or the Taishan System, we were able to catch these little handles this time, and next time we will be able to catch your other little tricks!"

Sundar Pichai's heart tightened: "Don't worry, Google is a formal commercial company and will never participate in such unfair competition. We will also increase our layout in this area subsequently and achieve greater constraints on those partners to ensure that such problems will not happen again! After all, if this continues, we won't have much left to compensate."

After answering this sentence, Sundar Pichai hesitated again. He still had a question about the Android system, but he was not sure if Transsion would agree.

After all, the two sides were in fierce competition!