Reborn Entrepreneurial Giant

Although Future Future's overseas sales channels are not perfect, they have shown an unstoppable trend. After some statistical agencies released their sales data for this year, Qu Li's boasted dream of becoming one of the top three car companies in the world no longer seems unreachable. In time!

This is scary. Domestic car companies have increased investment in research and development in recent years, and the quality of self-branded cars has made great progress. Even in marketing, companies like Geely have been proficient in using online trolls for a long time.

But no matter how hard they try, they can't escape the fact that the cars they sell are very cheap and unprofitable, the gross profit margin is too low, and there is not enough profit to support long-term R\u0026D investment. The lack of convincing technology is the original sin. This is also the most fatal shortcoming of the cost-effective model of coarse grains.

In fact, Qu Li is not an excellent entrepreneur. He does not know how to calculate carefully or use limited resources to create maximum value. His best trick is to throw money at "big miracles", and the proportion of R\u0026D investment in the future is huge. It has always been the highest among all domestic car companies, and in recent years its absolute value has surpassed that of Modu Automobile Group.

Not only does it invest more than 10 billion in R\u0026D every year, but it also has a large team of engineers. As of the end of 2020, 50000 has approximately 30,000 R\u0026D personnel.

It seems like a lot, but Modu Auto also has 30,000, Dizi has 40,000, and even CC has a R\u0026D team of 20,000. But there is another reference standard. Oriental Fortune data shows that the average annual salary (labor cost) of car company employees, Dizi’s sales exploded in 2022, was only 110,000 yuan (including five insurances, one housing fund and other benefits), even lower than Zotye’s 120000.

Geometry's average annual salary now exceeds 200,000, and the number of employees exceeds 160,000 (global). When the Texas factory officially starts production, Geometry's average annual salary will increase significantly. Among them, there are more than 100,000 production personnel, more than 20,000 sales personnel, and more than 10,000 administrative personnel.

In fact, there are still many dispatch workers. It is not because of Qu Li's bad intentions. It is because they are developing too fast and not cultivating talents in time. In addition, the requirements of the super factory are high and a more flexible employment strategy is needed. This is how the company has become a conscientious company.

Modu Automobile, a state-owned enterprise, has more than 30% of its labor dispatch employees, and its future prospects exceed 20%, with about 20,000 labor dispatch workers. This shows how friendly the domestic labor environment is to capital. Qu Lidu can become a representative of conscientious entrepreneurs. There are a large number of C9F undergraduate and 985/211 undergraduate graduates vying to join Future Geometry.

From corporate brand image, social reputation, to employee remuneration, employment attractiveness and other aspects, 5PM is far ahead among domestic car companies, and its international competitiveness has gained more recognition as the two countries compete.

In the past, consumers in South America, Southeast Asia and the Middle East had sentiments towards domestic brands and did not recognize Chinese high-end brands. Honor is a consumer electronics product, and Apple iPhones are produced domestically, so product quality will naturally not be a problem.

Now the United States is "advertising" for Juhua's telecommunications equipment business, which is a good demonstration of the style of a great power. There are also two big killers, Instagram and Tiktok. Even if they don’t promote the country, as long as they can spread domestic information, it is the best publicity.

For example, the famous "d Translation YD" was founded with the purpose of spreading negative information about China to the world. As a result, more foreigners like China.

A true, three-dimensional and vivid domestic image cannot be distorted by any "gray-black filter". In the next few years, in addition to the depression caused by the plague and the pressure that may be exerted by the United States, the internationalization of the future has arrived. There's never been a better time.

Now there are clues. The success of CMOS and Tesla has made capital pay more attention to the new energy vehicle industry. Domestic Wei Xiaoli has been successfully listed one after another, and now it is given a high valuation. For example, even Xiangjiang Li Er's Fisker was listed on the market. It obviously did not sell a few cars, but the valuation once exceeded 10 billion US dollars. Qiancheng Geometry was one of the shareholders, and they cooperated but did not participate in management.

Unlike the booming future, Cheetah Motors has once again gone downhill. Annual sales have increased from 20 to 300,000 vehicles to more than 100,000 vehicles. The domestic automobile industry is undergoing a major reshuffle. But Qiancheng Geometry was already a minority shareholder, so Qu Li didn't pay much attention to it.

The Oasis vaccine finally received marketing approval from relevant domestic authorities in January, but it is only available to people over 16 and under 60 years old. High school students can actually take it. Due to production capacity issues, it can only be supplied in small batches for the time being, so many places are scrambling to get it. vaccine.

As a decision-maker, Qu Li really didn't dare to offend them, so he could only hand over most of the distribution rights to Sinopharm. A few of them met the needs of employees of his affiliated companies, including friends. However, he still had to go through local places, and some places didn't get it or the supply was insufficient. So that the supply needs to be increased.

Domestic control of information is much stronger than Xu imagined, so only in those years did some people think that Sinovac's inactivated vaccine was more effective. In fact, Sinovac's vaccine is safer at best, and its safety is extremely limited. Oasis is now able to produce mRNA vaccines, which are as effective as Pfizer and Moderna, and will most likely become the three best-selling mRNA vaccines in the world.

The competition for vaccines quickly became fierce, and just like the initial demand for masks, it was caused by insufficient production capacity. Last year, the factories of Honor and Future Geometry became mask factories, which greatly eased domestic demand.

In the second half of the year, the masks were even donated and exported to foreign countries, especially Greece. Athens therefore wanted to grant Qu Li the honor of being an honorary citizen. Greece wanted to take this opportunity to give him a special visa-free passport that would allow him to travel in the EU Schengen countries, but he did not have time to go abroad. .

The European Union took the lead in taking action. Because of pedestrian safety issues, the Geometry S with a high-strength body was banned from sale!

They have just started selling, is it necessary to be in such a hurry?

This is quite nonsense. They are large off-road vehicles, which are safer than large trucks anyway. They are not Tesla's Cybertruck pickup truck. At most, they are a bit ugly with sharp edges and corners.

The price of domestically produced luxury cars has just exceeded 1 million, and encountering such difficulties is undoubtedly a blow to the entire Geometry Lingyun off-road vehicle team. While arranging for people to communicate, Qu Li ran to the Beijin Geometry Automobile R\u0026D Center and asked about Geometry. S carries out compliance transformation.

In fact, this plug-in hybrid already has air intakes, so it cannot be made into a Tesla Cybertruck. It does not count as a real exoskeleton body. Unexpectedly, there are still some people blowing the whistle and insisting on sniping the key to high-end geometry. One battle.

Although Qu Li was unhappy, he was still calmer than Xia Mingfei. He didn't get emotional and solved the problem first. Geometry soon announced the Geometry DM (Dredge Moon), a plug-in hybrid pickup truck using the same DMo technology as the Geometry S. It is expected to be launched around 2022 and will be priced at around US$100,000. This is done to express confidence to the market. As long as the outside world believes in them, if they fail this time and continue next time, the market will not lack opportunities!

Subsequently, they suspended the global pre-sale of Geometry S, and the share price of Future Geometry also fell sharply due to this blow. Many people were worried that they would be hit.

Fortunately, there was no idea of ​​killing them with a stick in China, which gave Geometry time to digest the inventory of Geometry Lingyun, and before that, it was allowed to play cards normally.

"Our maximum production capacity is 60,000, and we started production in October last year..." Xia Mingfei

"Didn't the Internet say that you will start production in July?" a department leader asked

"I'll take a look again, um, yes, it started in July."

"More than 30,000 cars should be sold out by July this year, right?" A department leader said

"We admit it if we can't sell out. There are so many rich people in the Middle East!" Xia Mingfei

"That's good..." A certain department leader nodded.

The matter was roughly settled like this. Geometry announced their solution. The delivery time of the old car Geometry S9 Extreme Edition ended on July 31. After that, there will be the official version of the new car Geometry S9. The body uses more carbon fiber. The material weight was reduced to 2.9 tons, and a vehicle-mounted drone, laser projector, and upgraded chip were installed to improve the comfort of the smart cockpit and the smart driving system...