Reborn Entrepreneurial Giant.

Chapter 526 Dan Lin takes over Yinghe

Qu Li was besieged by investors in Xiangjiang, but some opinions came out and caused a lot of discussion. Do electric vehicles have a future? How strong is the future?

When being interviewed by a reporter, Qu Li was asked when he would sell the car to Xiangjiang. The cab of Xiangjiang Car was on the right side and he did not want to adjust the production line to ensure delivery, so [-]P did not open purchase qualifications to Japanese, British and Xiangjiang consumers.

There are many rich people in Xiangjiang, and many of them can afford private cars. Because of the high oil prices, the acceptance of electric vehicles seems to be quite high. Do they need to be "handmade"?

Before Qu Li made a decision, the fat young man who was bidding for Qiancheng Automobile publicly denounced Qiancheng Automobile as unreasonable: "We spent more than one billion in several years..."

This kind of thing is nothing to discuss, but Honor and Qiancheng Automobile have a lot of traffic, and as many people hate Qu Li as they like it, this matter is very popular on Weibo.

"I didn't want to explain anything at first, thinking it was unnecessary. Unfortunately, the facts are in front of us, and some people still like to pretend to be stupid. Let's compare the acquisition conditions given by the two companies. The price quoted by Future Geometry is less than 50% of that of the competitor..."

"We have only one additional commitment, which is to produce Chroma's electric vehicles in Sweden."

Qu Li said that he could not really shut down Saab in Europe. He must find a way to rebuild the distribution network without taking on too many responsibilities. What to do, of course, is to transform Saab into an electric vehicle.Anyway, the core technology is in our own hands. Is it possible that building an assembly plant can make a huge difference?

The fat young man asked for boredom, and was ridiculed by the crowd for "not overestimating his own capabilities" and competing with Qiancheng Motors.However, it is still unwilling to give up and wants to cooperate with Qiancheng Motor to develop the Phoenix platform.

"Problems that money can solve are not problems. I want to improve the company's technology research and development capabilities. What can it bring to me?" Qu Lizhen didn't want to deal with these things, but how could he live without social activities.

The management of the Hong Kong Stock Exchange met and chatted with Qu Li. Chen Danlin came to Hong Kong and prepared to take over Yinghe Telecom and privatize Yinghe Dayan Real Estate. All kinds of things required the convenience of the Hong Kong Stock Exchange.

Yinghe Telecom's current market value is stable, and its non-dividend strategy has been criticized a lot. However, since it has been kicked out of the Hang Seng Index constituent stocks and is no longer a blue chip stock, it doesn't have so many concerns. Can a few small shareholders still force dividends?

What to do with the money without dividends?Of course it was investment. Originally, he wanted to do IT enterprise services and IT operation and maintenance management, but Qu Li found that it was too difficult and difficult to control, so he might as well switch to stock investment.With stable cash flow, isn’t it fun to make money by stock trading?

The first order is to invest in ServiceNow, an American startup that has become the world's third largest SaaS company in the field of IT operation and maintenance management. It is about to IPO. Its current market value is about 20 billion US dollars, and its market value will exceed 1000 billion US dollars in ten years.The other company is Adobe, the parent company of Photoshop. They began to transform under the leadership of an Indian CEO. The current market value is US$150 billion and will exceed US$2000 billion ten years later.

Yinghe only bought AIA in the Hong Kong stock market, and it was really difficult to sell other stocks.Many companies have relationships with him. BYD is a good time to buy it. Unfortunately, it is a competitor of Qiancheng Automobile, so we have to give up and buy Qiancheng Automobile.

Yinghe Telecom's current business includes traditional telecommunications and mobile phones, pay TV IPTV, data center cloud services, enterprise services, and equity investments. It is expected to invest US$3 million this year.After Yinghe Real Estate Company cashes out US$10 billion, it will invest approximately US$4 million in Nvidia stock, accounting for 3% of the shares. Ten years later, the company's market value will exceed 7000 billion.

China Unicom, another major shareholder of Yinghe Telecom, was originally opposed, but Qu Li was willing to accept his shares and the interests in Honor mobile phones. It didn't matter here, so that was it.

Before Chen Danlin took over, Qu Li had already cleaned it up for her, so she could get familiar with it gradually. The real estate company was much simpler and there was no need to introduce it.

Before Qiancheng Motor was listed on the market, Chen Danlin was widely reported by the financial media on both sides of the Taiwan Strait and three places because of the changes in PCCW. She resigned from Jumei and then bought a real estate company?

Chen Danlin is a representative of women in the new era in China. Her mysterious operation has attracted a lot of attention and the media has been talking about it, but Qu Li and Chen Danlin have remained silent.

Once things are settled here and Qu Li returns to China, Qiancheng's Hong Kong stock listing still needs to go through the process. After all, Saab has just been acquired and various data need to be readjusted. I don't know if the National Development and Reform Commission will have any objections. The 30 billion promised by Qu Li will be released first. Lend me a Qiancheng car.

Returning to Yangcheng first, everything is business as usual in Jumei. Preparations for this year’s 6*18 have begun.

"I am going to launch a price war against Gome Suning in September this year..." Dadongzi reported the situation to Qu Li. Qu Li didn't know anything about how to start a price war. He knew that raising prices first and then lowering them was actually price fraud, but the butt determines the head. He was not prepared to let Dadongzi cancel.

At this time, Jumei already had an advantage in 3C home appliances, but the impression on consumers was not clear enough. This price war was not so much about defeating competitors as it was about leaving a clear memory for consumers.

6*18 is a big promotion, and it has become normalized now. No matter how complete the preparations are, what Qu Li needs to see is the results. Talents are gained through tough battles.I also learned about the situation with Xu Lei and found that Juhuasuan’s unit price was lower and its transaction volume did not exceed that of Jumei. How can I put it, the competition between Xu Lei and Dadongzi should be considered a failure from the current point of view.

Since establishing his business philosophy, Qu Li has almost always consulted with Xu Xiaoqin, who is in charge of personnel, to establish a relatively simple working environment for Jumei.That's not to say that he wants to completely eliminate office politics. That's impossible. What he wants is to ensure that the bottom-up promotion channel is not blocked and is as smooth as possible.

Don’t think that European and American companies are a paradise, as long as you know how to do things. For those who have this experience, there is a high probability that the upward channel is basically blocked. If you want to make progress, where is there no competition?It is difficult to quantify a person's ability, and emotions play a big role at this time.Being right and trusted by the "boss" is often more important than ability.

"There are only so many places at the top, how can we make enough room for the bottom?"

"First, we need to rely on development to expand new businesses and increase new opportunities; then there is diversion. Professional skills positions are not afraid of too many people. Management talents have to compete for Hong Kong. For example, whoever wants to be CEO can compete, and the loser can leave; you can also take the initiative to eliminate internal personnel. Carrion, send those who use their rights to cash out to harm the company's interests to the court..." Qu Li said viciously

“Aren’t we going to establish a rotating CEO system?”

"But those who are eligible for rotation need to compete, and there is also a mandatory retirement system."

"..."

Qu Li wants them to succeed in the organization through self-mutilation. Without a strong corporate culture and appeal, it is basically impossible to achieve it.Qu Li didn't want to make it happen now, but he must let everyone know that he had this idea and reach an agreement in the game.