I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 608: Xiaopeng Motors Series A
"At present, I am personally in charge of Mijia's air conditioners. If everything goes well, new products will be launched next year."
Emphasize air conditioning right from the start?
Jiang Hao was stunned at first, and then he couldn't help but think of Mr. Dong from Gary.
Could it be that Mr. Lei is looking for a new way to settle the previous bet?
Although the bet was not about the sales volume of air conditioners, it was obvious that he was targeting someone when he confidently stated that he had taken over the air conditioner business!
"I plan to start the research and development of smart air conditioners to subvert the traditional air conditioning industry."
President Lei was also outspoken at this moment, which made Jiang Hao even more certain that he was planning to confront President Dong!
In later generations, Xiaomi air conditioners naturally did not subvert the traditional air-conditioning industry.
However, the level of intelligence is quite good, with remote control, Xiao Ai terminal control, high efficiency and energy saving, and some intelligent controls.
From a certain perspective, this is a lesson for the traditional air-conditioning industry.
But it cannot be said to be a disruptive product. In the end, Xiaomi Air Conditioner relied on its high cost-performance ratio to grab the market share.
"As for which areas Dibao wants to engage in, it's up to you, Mr. Jiang, to discuss with Mr. Pang."
"We'll discuss it then and try to avoid duplication of business."
Mr. Lei’s meaning was very direct. Since Dibao was developing smart home products, he could just place an order for a OEM copy when the time came.
You can trust Deebao Technology's R&D capabilities in home products.
"Let me discuss this with Mr. Pang. If we really want to enter the market in an all-round way, I will personally prefer smart door locks, smart curtains, and lighting or electric toothbrushes."
For some things, Mr. Lei only has the concept of smart home, which requires functions such as connecting to the mobile phone.
But Jiang Hao has a lot of real ideas in his mind.
Smart fingerprint locks, automatic curtains, and electric toothbrushes are all areas with large markets and good sales.
It is too difficult to grow the air conditioning and washing machine business. Even if there is some innovation at the beginning, it is difficult to compete with traditional companies.
Traditional companies have strong supply chains. As long as they imitate your technology or ideas, they can quickly produce new products themselves. In the end, it is almost impossible to compete with these old and large companies by relying on price.
"Great! I also think smart locks or fingerprint unlocking have great potential."
"Then I'll leave it to you, Mr. Jiang. This link of the Mi family's ecological chain depends on your efforts, Mr. Jiang!"
Seeing that the goal was achieved, Mr. Lei himself was also very excited.
In particular, the several products that Jiang Hao mentioned later seemed to have great potential.
If it really works, it will be a big step forward for Xiaomi's ecological chain!
The two sat in the coffee shop for more than an hour in the afternoon, until around 3 o'clock, when more and more people started drinking coffee in the coffee shop.
It seems like everyone starts slacking off around two or three o'clock!
Jiang Hao’s itinerary was much simpler after that.
That afternoon, Mr. Lei and I arrived at the conference room of Duanzhou International Hotel at around 3:.
The financing for Xpeng Motors has been finalized.
There were quite a lot of people at the scene, including some individual investors such as Jiang Hao and Mr. Lei, as well as representatives from some companies.
Among them, Alibaba was one of Xiaopeng’s major investors.
Of course, today’s financing has nothing to do with Alibaba. The lead investor in the A round of financing is the newly established UCAR Industry Fund under the recently listed UCAR company.
Another small capital provider followed suit and invested a total of RMB 25 billion in Xiaopeng Motors.
This is 25 billion RMB in real money. The automobile industry is different from ordinary industries.
This A round alone is much stronger than Jiang Hao’s Haijing A round.
The agreement was signed very quickly, and with the witness of all shareholders, Xiaopeng Motors soon completed its Series A financing.
As of now, even though Xiaopeng Motors does not have a mass-produced car, its valuation has exceeded 10 billion yuan.
Jiang Hao invested 2 million yuan last year, accounting for 13% of the shares. After several rounds of small-scale financing, and now this round of financing.
The shares have been diluted to only 9.4%, but the actual value has soared to 11.7 billion, more than five times.
"You have good taste!"
"If I had known, I would have invested more with you last year."
At the moment of signing, Mr. Lei was sitting next to Jiang Hao.
Neither of them is the protagonist today, they are mainly supporting roles, and it is also Mr. He who has fulfilled his obligation to inform.
Mr. Lei only invested 30 million at that time. He was not optimistic about Mr. He, but more out of friendship.
Who would have thought that in just one year it would become so established.
It was easy to get shares last year, but starting this year, especially after the A round of financing, shares have become valuable.
That night Jiang Hao attended the celebration banquet hosted by Mr. He.
Although the financing work has come to an end, Xiaopeng Motors has more work to do.
The next morning, we met at the gate of an abandoned factory near Jiangyu Coffee in Duanzhou City.
Jiang Hao and Mr. Lei arrived at about the same time.
At this moment, many people have gathered at the gate.
They were all wearing neat black suits, and when Jiang Hao and Mr. Lei approached, they all came over to greet them.
"Mayor Lang, this is Mr. Lei from Xiaomi Technology."
"This is Mr. Jiang from Haijing Technology. Both of you are important investors in our Xiaopeng Motors."
Mayor Lang was surprised at this moment and quickly stepped forward to shake hands with the two!
"Boss Lei, Boss Jiang, I have long heard of your great names!"
"Welcome to our Duanzhou City. Do you have any plans for tomorrow or the day after tomorrow?"
"If not, shall I take you two for a walk?"
The enthusiasm and excitement on his face were not concealed at all, and his attitude towards Mr. Lei and Jiang Hao was extremely respectful.
After all, he is the mayor of an ordinary prefecture-level city, different from Mayor You who was the mayor of provincial capital cities like Songjiang City.
Throughout the year, there are not many Internet giants like Jiang Hao and Lei Zong coming here.
Similar to Jiang Hao’s hometown Fuyang City, the most important thing in the local area is to develop industry and create more employment opportunities.
It has nothing to do with high-tech.
Now that he had invited them so warmly, of course he wasn't really going to accompany them on the trip.
What’s more, I hope that Jiang Hao and Mr. Lei can make some investments in Duanzhou City.
At this moment, Jiang Hao had a sense of déjà vu as he helped Secretary You introduce Mr. Ma and Mr. Li to the conference room.
Now he was the one being introduced.
"Mayor Lang, Mr. Jiang and I both have flights this afternoon."
Mr. Lei declined on behalf of Jiang Hao.
In fact, if Mr. Lei hadn't wanted to talk to Jiang Hao about Mi Home Furnishing, he might not have participated in this round of financing.
Jiang Hao’s share in Xiaopeng is not small, and Mr. Lei has only invested a mere 30 million yuan, so he would not care that much about Xiaopeng’s A round.
Seeing this, Mayor Lang just had a look of regret on his face.
But the enthusiastic attitude remains, and of course the focus shifts back to Mr. He.
Jiang Hao already knew the reason why Duanzhou City signed the financing agreement this time.
Xiaopeng Motors' factory is planned to be located in Duanzhou City. The total planned investment is tens of billions of yuan and it will be divided into three phases.
The first phase is a total of 1200 acres of land starting from the abandoned factory in front of you.
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