In the long history of our Internet, there is a figure who may not always stand in front of the stage, but behind the scenes he has promoted countless important historical events. He is Wu Ying, who is known as the "father of PHS", a figure of the year who makes Internet giants such as Ma Yun and Ma Huateng have to give great respect.
Imagine that in a scene, Jack Ma and Ma Huateng, two leading figures in the Internet industry, both pay deep respect to him, and the founder Robin Li is also cautiously observing from the sidelines, what a weight this should be! Wu Ying, the man whom even Jack Ma would call "big brother", was one of the founders of UTS Starcom and the driving force behind PHS and the Chinese Internet.
You may not know that Jack Ma was able to successfully obtain a $20 million investment from Masayoshi Son of SoftBank Group back then, and it was Wu Ying who was the matchmaker. However, it is such a figure who once had a pivotal position in the Internet industry, but he has recently been ** become a dishonest person.
In the program "Winning in China", Wu Ying competed with Ma Yun on the same stage, and his status and influence can be seen. But the glory of UT Starcom is a thing of the past, and with the changes of the times, if the pace is not adjusted in time, even giants will be overwhelmed by the torrent of the times.
In May 2023, Wu Ying, the actual controller, chairman and secretary of the board of directors of ST Zhongjia, was restricted from spending due to failure to fulfill the payment obligations determined in the legal documents. In its 2023 semi-annual report, ST Zhongjia also failed to disclose Wu Ying's integrity status as required.
The applicant for this restriction order is Tongding Group*** and their subsidiary Tongding Internet acquired UT Starcom 26. in February 201905% equity. And Wu Ying, as one of the founders of UT Starcom, he and Xue Cunhe established Starcom in the United States in 1991 and brought the technology back to China, creating the era of PHS.
PHS once swept the country, and UT Starcom also successfully landed on the NASDAQ in 2000. But all this is a thing of the past. Wu Ying's story reminds us that no matter how influential an individual is, we can't ignore the changing times. Only by constantly adapting and innovating can we remain invincible in the fierce market competition.
Wu Ying