Reborn Entrepreneurial Giant

In November, I went through Double Eleven and Black Friday, and it was a lot easier in December. There are no activities here, and the New Year’s Day will be arranged next month.

It just so happened that the Jumei headquarters was built and they could move in.

This headquarters covers a large area, the floor is not high, but it is very distinctive, blending into nature, changing nature, surrounded by mountains and rivers and tropical green plants, and using photovoltaic power generation in large quantities...

The money spent is not too much, about 100 million U.S. dollars. After all, it is a workplace that can accommodate 50,000 people. Now only the first phase of the project has been completed, enough for 10,000 people to work. The follow-up is still under construction, with a total of 500 million U.S. dollars.

Compared with the various rich and powerful designs a few years later, Jumei’s current headquarters has a low-key luxury, and it leaves a lot of room for renovation. It must be "pleasing to the eye".

Built together with the headquarters, there is also a 70-year property rights Jinxiu long-term rental apartment jointly developed by Xiangjiang Investment and a state-owned enterprise in Yangcheng, with an average of 30 square meters, a bathroom, a public kitchen, a refrigerator, a washing machine, and an air conditioner.

Splendid long-term rental apartments mainly serve college students who have graduated within three years, or employees of enterprises in the park. For example, Jumei subsidizes half of the rent. There are a total of 5,000 long-term rental apartments, which can be transformed into 1,500 sets of ordinary commodities of about 100 square meters.

The local subsidies in Yangcheng are mainly reflected in taxes. Quli’s requirements are not high. What does Hangzhou give to Ali? Yangcheng’s preferential treatment for Jumei cannot be low.

Only small businesses will make choices based on the tax environment in various places. Large companies can make demands. More often than not, it is difficult to attract large companies because of local preferential treatment. Attractiveness of talents, industrial chain environment, and cost all need to be taken into consideration.

For example, Qu Li wants to build a car factory with a production capacity of 100,000 in Yangcheng, but he won't get much discount, but he succeeds in order to control quality and reduce procurement. The quality control of Qiancheng Motors learned from Mitsubishi and recruited a lot of people from GAC Liangtian. Yangcheng is the base camp of Japanese cars, and Yangcheng is mainly a base for cars, with a complete set of spare parts and obvious industrial advantages.

The leader of Yangcheng may be quite busy, so he took the initiative to chat with Qu Li, who is not busy now, and asked him about the progress of Honor's acquisition of MOTO, Jumei's overseas development, and Qiancheng Automobile.

The revenue of Qiancheng Motors last year seems to be less than 10 billion, and outsiders speculate that this year's revenue may exceed 20 billion. If you add Qiancheng Mitsubishi and Cheetah, there is no doubt that it will exceed 100%.

Cheetah Feiteng, a cross-border MPV with similar positioning and price to Wuling Hongguang, has seen a sales explosion since September, with monthly sales of more than 5,000 units and an estimated sales volume of 25,000 units this year. The sales volume of Cheetah Black King Kong is good, and it will probably sell 15,000 units this year. The sales of Cheetah Motors this year should be less than 3 billion, because of the construction of factories and investment in fixed assets, losses are certain.

Even if Qiancheng Mitsubishi includes Mitsubishi Pajero, which is expected to sell 10,000 units, it will still be at a loss, but it can increase revenue by 3.56 billion.

Qiancheng merged the financial reports of the three car companies, with a revenue of about 25 billion yuan, which can be ranked among the top 10 listed companies, surpassing Geely. In a sense, Qiancheng is the biggest miracle in the Chinese auto market this year.

The annual output of cars in Guangdong Province is about 1.67 million, 11 times that of Qiancheng’s annual sales. Uh, it doesn’t seem to be much. BYD sold more than 400,000 cars this year. The problem is that Qiancheng Auto does not have a car that costs less than 100,000 yuan. Some people in China comment that Qiancheng Auto is one of the auto companies most likely to break the price ceiling of imported joint venture cars.

The automobile industry is different from the Internet industry. One automobile worker drives seven jobs, which greatly promotes the GDP of the national economy. Well, e-commerce is not bad either.

Why do you talk so much nonsense, it's just to prove that Qu Li is valuable in the eyes of the leaders of Yangcheng, Guangdong Province...

"When will Future Geometry go public?" Yangcheng leaders asked

"..." Qu Li felt embarrassed and didn't want to answer

"Did you encounter any difficulties?" The leader was amiable

"Qiancheng Geometry does not build electric vehicles like BYD. We do everything from battery motors to electronic controls. We hire a well-known European automotive engineering company for the chassis. We are not transforming from fuel vehicles to electric vehicles. Almost every part is made. It is customized based on the actual needs of electric vehicles, from IGBT chips to car tires. I even want to replace the car's air conditioner with a heat pump..." Qu Li feels that saying so much means nothing

"What I want to say is that Qiancheng Geometry has made some optimizations and upgrades, and made changes to the spare parts. As a result, it affects the whole body, and it needs to be re-adjusted..."

"So it can't be delivered this year?"

"That's right." Qu Li didn't talk nonsense this time.

"Aren't you hunger marketing?" The leader didn't seem to believe it

"I..." Qu Li yelled at the innocence: "We have already had 1,000 reservations in half a year, and more than 100 of them have paid the full price. I also want to sell cars to make money. The production line in Beijin is still being debugged. The engineers of Glory and Qianqian It’s hard to go home for the New Year this year.”

"If you arrange the project to Yangcheng, there won't be so much trouble."

"..." Qu Li still underestimated their city mansion.

"Our engineers not only have cars, but also have an elite team of more than 600 people in batteries, motors, electronics, chips and operating systems. The annual salary is not less than 200,000. The annual salary is a lot, and the annual income exceeds 10 million. There are five or six..."

"You are very courageous..." the leader

"In order to obtain the car production qualification, we must first convince the relevant departments to believe that Glory and Future are not cheating money. Even if we fail in the end, the biggest loss is that I am Glory..." Qu Li mentioned the car production qualification

Many scammers can't get this thing. After a few years, China opened up production qualifications for new energy vehicles, and then tightened them up soon. It can be said that many traditional car companies are protected by this qualification. Otherwise, Internet technology companies such as Huami OV will rush into this industry in a swarm. The time and space to breathe suddenly died suddenly.

From Qu Li's words, the leaders of Yangcheng heard that Beijin's advantages, from talents to policies, are unmatched by other places. For example, Qiancheng Geometry enjoys a 15% corporate income tax and various tax subsidies. Qiancheng Auto's investment in Beijin also has various discounts such as accelerated depreciation.

Of course, there will be no shortage of discounts in Guangdong Province. BYD's actual tax burden in 2020 is actually negative. It is conceivable how much industrial policy supports enterprises.

"Is that why you are so optimistic about the future of electric vehicles?"

"We have no choice." Qu Li originally wanted to say that the cost of Honor will be higher and higher, and the profit margin will be lower and lower. The market cannot accommodate two Apple companies, and Honor must find a way to find new profit points in advance.

When the words come to the mouth, change it to: "Fuel vehicles can hardly break through. The technical patent blockade of major European, American, Japanese and Korean automakers is too strict. Electric vehicles and automatic driving can subvert the entire automotive industry, and can make BBA a miscellaneous electric vehicle company... ..."