Reborn Entrepreneurial Giant.

Chapter 262 6·18 Big Sale

Qu Li was promoted all the way in Xingsha. He was so willful when he was rich. This made this small city feel what efficiency meant for the first time. He was criticized a lot less on the Internet. After all, he acted according to the rules, even if he was fired. Fired employees are fully compensated according to N plus 1.

It’s not without its worries. Taking advantage of this year’s flood, banks begged him to borrow more than 10 billion yuan. Including previous financing, Qiantu Motor has a total cash reserve of nearly 20 billion yuan.

However, there is another but. The net assets of Cheetah Motors per share are about 4.5 yuan, and the total share capital is about 5.17 million shares. Honor acquired it at a price of 7 yuan. Even if its value-added share expansion plan is approved, there will be about 5.5 million shares. Cheetah Motors will The automobile assets are about 25 billion, the asset-liability ratio is about 60%, and the debt is about 15 billion. Now it has borrowed more than one billion, and the asset-liability ratio exceeds 100%. It is the performance of a garbage company.

So how can he get a loan from the bank?Of course, it was by borrowing financial means. Qu Li personally guaranteed nearly 10 billion of it, and Xiangcai Securities re-guaranteed his personal credit. Banks such as Zhaoxing Bank, Guangfa, and HSBC formed a group to provide funds for him, and joined several local banks. It’s evenly distributed with rain and dew.

You can't do good deeds without leaving your name. The news that Qu Li guaranteed a loan of 10 billion yuan for Changfeng Automobile showed his strong confidence and determination to take risks.

"Having money is self-willed."

"Everything is fictitious, risk sharing is real."

"If any of you dare to guarantee a loan of 10 billion..."

Of course, there are people who are sober and know that as long as the company can replace the secured debt with a loan, it will not be a problem, and individuals do not need to pay a dime.But what? Didn’t you say before that Changfeng Auto was very risky and that Qu Li was messing around? Now you’ve changed your tune?

Personally guaranteeing 10 billion in debt allowed Qu Li to occupy the moral high ground. Naturally, no one could successfully resist his tyranny.

Roland Berger was also brought to the forefront. Qu Li spent nearly [-] million yuan to ask them for consultation. This was not unprecedented in the country, but compared to the scale of Cheetah Motors, it was definitely unusual.Therefore, for the sake of our own reputation, we have arranged for elite soldiers and generals from Germany to come over, so we must carefully complete this order.To this end, Cheetah also introduced many domestic and foreign experts to Cheetah, ranging from engines, chassis, gearboxes to vehicle design, as well as sales...

It’s full of details. Qu Li studied with humility and benefited a lot. The automobile industry is called the crown jewel of human industry. It is a large collection of cross-industry and represents a country’s most advanced manufacturing capabilities.

The money is spent readily and people are recruited quickly. Marketing talents are recruited from Geely Automobile, technical talents are recruited from SAIC and Chery, and executives responsible for the implementation of Toyota's TPS production system are recruited from Guangqi. Money, status, and equity incentives are provided...

Just when Qiantu Motor was reborn, Apple released the iPhone 3GS. Although the arc body was beautiful, it did not support CDMA2000. The appearance design was not as good as Honor, which limited the choices of operators. However, the IOS system was upgraded and was as smooth as silk.

"You are right. It will be difficult for Android to surpass IOS in the short term. We can only add parameters to bring the user experience closer to the iPhone." Lei Jun called him. This was normal. Zhou Shaoning also called him. Admit your mistakes.

Domestic media saw the release of iPhone 3GS, reprinted reports from foreign media, and sang praises for Honor. Few people saw the crisis hidden behind it.Of course, if they had such a keen sense of smell, they would have succeeded long ago.

Honor's fundamentals have not changed. Quli and Cheetah Motors shared the risks and finally stabilized the stock price above 3 yuan.These things strengthened Qu Li's determination to change his future car, and he stayed in Xingsha to study and arrange various tasks.

Finally, on June 6th, the day of Jumei promotion, Xu Lei was not happy at all. This time, he made a wedding dress for Dadongzi.

Worried about too many consumers on this day and too few consumers on this day, in a conflicting mood, Lu Qi and others focused their promotional activities on self-operated brands, major brands, digital 3C mobile phones and major appliances. At the same time, it is in response to the domestic promotion of home appliances going to the countryside.

Both Jumei and Juhuasuan have it, but the advantage categories are daily necessities, small commodities, clothing, food and other products with lower unit prices. Therefore, Juhuasuan’s promotion is that new users who register to use Jupay will receive a 5 yuan red envelope for purchases over 100. 10 yuan off coupons etc...

Xu Lei has some credit, but Jumei has developed. Are you angry or not?

For this reason, Qu Li specially called Xu Lei to comfort him. Jumei needs competition within the company, and more importantly, development. His overall situation seems to be at a disadvantage in the short term, but in the long term, no one will and dare not ignore his contribution. Really If Xu Lei does not benefit, who will make suggestions for the company's development that may harm his own interests in the future.

Although there is no large-scale publicity for Jumei’s promotional activities, many people are paying attention. If a competitor has bad morals, they may launch DDOS and other network hacker attacks. You must know that this year, large-scale Internet paralysis occurred in 6 provinces in China. Jumei's defense ability at this time really doesn't necessarily surpass Ahri's.

All worries will be unnecessary on 6*18. They must brace themselves to deal with various challenges. Qu Li also came to Yangcheng to take charge on this day.Although it doesn't have much practical effect, it can at least boost morale.

At this time, there were no visual charts that could be projected onto the big screen, so Qu Li sat in the middle office and was worried.Since the night before, there have been constant shouting and screaming. Jumei and Juyun Technology have encountered various accidents, causing web pages to freeze, online payments to fail, and downtime for more than 15 minutes between [-] and [-] o'clock.

This scared Qu Li half to death. He couldn't even open the web page. What should he do?Chen Danlin anxiously grabbed Qu Li and wanted him to ask.

"How about we go for a walk..." After Qu Li said this, he pulled Chen Danlin and left the central command center. The feeling of powerlessness in his heart dissipated a lot. Sometimes escape is also a way.

An unusually large number of people participated in this promotion, which mainly offered cash on delivery and free shipping. The price of Honor G1 was reduced by 3499 yuan from 500 to 2999 yuan, and the price of the 2G version was reduced to 1999 yuan. Various home appliances and mobile phone products had price reductions of varying degrees. .Cash on delivery and no-question-asked returns within 7 days are a great tool for adding new users.

In the early morning of June 6, the consumption peak finally passed. Qu Li was not in a hurry to get the data. After all, in order to control risks, the promotion event was only for one day. Senior executives such as Lin Bing, Lu Qi, Chen Danlin, Dadongzi and Xu Lei all arrived at the scene.

The technical person in charge of this event under Lin Bing summarized the information and found that the sales volume on this day reached 10 times the average level, which did not include Juhuasuan who did not participate in the event: "On June 6th, during the big promotion, Jumei's registered users exceeded 18 million, nearly 1 million users participated in this event, and the cumulative sales of the two platforms reached 1000 million..."

"Oh!" Qu Li looked up to the sky and roared, and the whole company suddenly burst into howls.

Thanks to Brother Mo who gave me the reward