Huawei and BYD have developed particularly well in recent years. I will summarize the important factors of the success of these two companies and share with you.
1: Believe in the country’s decision-making and unswerving trust. In 1996, the country formulated a network development plan and proposed the idea of China to build a digital network of . At that time, this was a very arduous task. Many companies waited and watched, and many companies were discouraged. At that time, UT Starkang and ZTE chose Xiaolingtong, which was a simulator. In 2002, these companies also made a lot of money like speculation. But the good times did not last long. In 2005, the country chose to build a 3G network from a long time. Huawei, who had been preparing for a long time, finally waited for the opportunity. It can also be said that 3G made Huawei successful. That is, Huawei began to take off in 2005, and dropped its peers such as UT Starkon, Datang , and ZTE.
2: Vigorous research and development, persistent innovation. China responds to the world's call and assumes a sense of social responsibility. In 2010, China proposed green development many times, and the Fifth Plenary Session of the 18th CPC Central Committee wrote green development into Party Constitution . That is, after 2015, BYD began to develop rapidly. It will become the world's largest automobile manufacturer in 2022.
both companies are very patriotic and firmly support national development. They both polish high-quality products through research and development. I have repeatedly proposed that 80% of the companies are used to develop products and 20% of the business model is enough. Many companies are keen on cheating, such as small can of tea and 未号. They are too anxious to see others raise money, and they can't stand the temptation when they see others cheating and making money. Many people start to complain at this time, complain about the epidemic, complain about policies, and complain about Trump in the United States. I have proposed three major elements, trends, cycles and altruism in the development of an enterprise. Today, Liu Run proposed in his annual speech that trend cycles and planning coincide with me. The reason why I don’t mention fluctuations is because the cycle itself is summarized in fluctuations. I don’t mention planning, because trends and cycles are strategies, altruism is trading thinking, and it is the category of business models. Strategy itself requires planning and not overdoing things.