What’s Wrong With Me Being a Rich Man?

Chapter 175

Wang Chuanfu and Yu Xing had half talked, but in the end they still couldn't suppress their curiosity and asked a question.

"Mr. Yu, what are you trying to do for this conversation?"

"In a narrow sense, I just want to show Bai Xiaosheng's users how elites in different industries think and practice. In a broad sense, I hope more people can gain something when they see our conversation." Yu Xing Thank you again here, "Mr. Wang is willing to take time to accept my visit, I am very grateful."

Although BYD's current main model is F3, its revenue reached 27.7 billion last year and is expected to exceed 40 billion this year.

Simply compare the size. The goal of this conversation number 3 is more than ten times that of conversation number 1 Liu Qiangdong. Of course, different industries cannot directly compare this way. The growth rate of the Internet will be quite fast, but for Yu Xing, he Bai Xiaosheng, who is fiddling with it now, is too small compared to him.

I didn't think I could see anyone when I called BYD. I was very happy to see him today.

"You're welcome, you're not very busy this week." Wang Chuanfu looked at the young man and said honestly, "I just think there may be a generation gap between us. You are an Internet person, so what should I talk about?"

"Just talk, we don't preset anything. I just want to hear your thoughts." Yu Xing said with a smile, "For example, what do you think of joint venture cars?"

"Joint venture cars are very good, joint venture cars are our role models." Wang Chuanfu said without hesitation, "We will catch up with them after learning and digesting them."

Yu Xing nodded.

Seeing that the young man did not continue to ask, Wang Chuanfu probably wanted to talk more about this topic, but he also felt that it would be more comfortable to talk about what he was good at. He continued, "Our country is a big market, so big." In a market, brands with excellent quality and reputation must appear. BYD is moving in this direction, but these must be rooted in the development of the domestic industrial chain. I think one of the important significance brought by joint venture cars is here."

Yu Xing asked with interest: "How do you say this?"

"First of all, you have to know that different joint venture cars have different attitudes towards domestic suppliers, one positive and the other reverse, and the other side is like BBA. They like to use their T1 in Europe." Wang Chuanfu interrupted, "Do you know T1, right? ”

Yu Xing nodded: "Tire1, a first-level supplier that directly supplies factories, Tier2 is more advanced, mainly supplying Tire1."

Wang Chuanfu smiled: "Yes, BBA likes to use Bosch, Freia, and Decosmere, which is a batch of European T1s. Toyota likes to use its own or Japanese, such as Toyota Textile, which is provided in the cockpit. Decorated parts, such as Denso, are provided with air conditioning, fuel management, etc..”

"Of course they will also build factories in China, which can reduce costs, but domestic factories only have the manufacturing rights, and R&D is mainly in their original countries."

"Positive, like Volkswagen, under the insistence of SAIC, we gave the development rights of Lavida, Phion and other models. Although Germany still grasped more voice, the supply chain R&D capabilities have reached the domestic level, which is much stronger. Now."

"I know that GM is better. It established Pan Asia with SAIC. Not only did the development rights of the whole vehicle, but also the development rights of the new platform, like the very successful GL8, which is led by SAIC. The joint venture has greatly led to the development capabilities of our complete vehicle and parts."

"If our industrial chain cannot develop, we will definitely not be able to make a good car."

"This is just a market exchange for technology."

Wang Chuanfu talked happily.

"What help has this kind of supply chain developed to BYD?" Yu Xing asked with the flow.

"As a helping hand, we are learning and introducing standards, technology, and talents." Wang Chuanfu said this, and suddenly said, "The country should have plans for this area."

He continued with knowledge of it: "For example, United Electronics, this is a joint venture between SAIC and Bosch, Germany, which mainly develops and manufactures vehicle control modules. Now many private automotive electronics companies are established by people from it."

"Like Huayu Sai Keli, it has developed the first generation of domestic steel-aluminum hybrid body welding technology. Like Yanfeng, it has made many parts in the car. It is a subsidiary of SAIC Huayu and has many joint ventures under its jurisdiction. Company, making interiors, seats, electronics…”

"A car has 20,000 to 30,000 parts, and three major parts are very important, but a good car needs to be built based on the development of the entire automotive parts supply chain."

"It's still what I said just now. Our domestic market is so big, and the introduction and absorption of technology have been going on. It is worth a strong enough domestic brand. Maybe it's BYD, maybe it's not BYD, but we are working hard in this direction."

Yu Xing wrote down the keyword of "industrial chain" in his mind and asked: "Since BBA and Toyota can do that, why do Volkswagen and General Motors do such a joint venture?"

"The interests of car companies are not integrated, they compete with each other." Wang Chuanfu paused and said, "I don't know if there is such a factor, but SAIC has not yet obtained the manufacturing rights of Audi, and FAW is in the tenth place. I got it many years ago.”

He shook his head and took a sip of tea: "There are benefits and costs, but what I can see is that the progress of the domestic industrial chain is already very obvious. The road is tortuous and the future is bright."

Seeing that the boatman opened up, Yu Xing focused on the next issue after taking a sip of tea.

Two hours of conversation were fleeting.

When the secretary came to knock on the door to remind him of the meeting time, Yu Xing felt a little unsatisfied.

"Mr. Yu, I didn't prepare any manuscripts, and you didn't give any questions. We have talked so much, and I basically just talk about wherever I want to." Wang Chuanfu stood up and shook hands, "I'm talking rather long-lasting. If you post it, then Just streamline it."

Yu Xing smiled and said, "The posts on our website are not like news reports. Besides, Mr. Wang's words today are particularly sincere."

"I'll go to the meeting and let Xiao Wang see you off." Wang Chuanfu took two steps and greeted the secretary outside.

Yu Xing thanked the boatman again and prepared to leave.

Wang Chuanfu took a few more steps and suddenly asked, "Mr. Yu, have you asked so much, are you interested in making cars?"

Yu Xing was stunned, then shook his head and said, "I still prefer light asset operations. When I started a company last year, I quickly got hundreds of people. I felt very tired at that time. This year, I was much better, and building a good car. It’s still a hand to an experienced brand like BYD.”

Wang Chuanfu smiled: "We have only been building cars for five or six years. When I was making batteries, I never thought about entering this industry."

Yu Xing pondered for a moment and asked, "Why would Mr. Wang ask me such a question?"

"Because when I was interviewed in the past, the reporter liked to ask about the future, the goal, and the revenue. What you like to ask about today is the industrial chain, the business and development of companies in different links." Wang Chuanfu joked, "Those manufacturing manufacturing companies are the ones that you like to ask about today." The things in karma are so dull, they have never been very popular."

"Well, in fact, I was thinking about selling shovels during the chat. Many people made money, but those who made money were selling shovels." Yu Xing said seriously, "When I have money, I may consider considering doing it. Make a shovel."

Wang Chuanfu thought for two seconds and nodded, "It's not bad. If you have the chance, please welcome Mr. Yu's shovel to become our T1."

Yu Xing finally shook hands with the boatman and said goodbye to the boss who had been building cars for six years.

6 years...

Yu Xing left BYD's headquarters, and when he was in the car, he was still thinking about the time mentioned by the boatman himself. He has always had a special misunderstanding, and always felt that BYD was the car company that has accumulated strengths, but now it has only been 6 years since BYD started building cars in 2003.

In 2003, BYD became the world's second largest mobile phone battery manufacturer. It immediately chose a battery-related industry and decided to make an electric car. It acquired Qinchuan Company and took a year to make a "316", but in fact The car was cut off the second day after the display was due to the dealer's expectations.

After that, it took more than a year to go offline and sold 100,000 vehicles in 14 months.

It has been 4 years since F3 was taken off the line.

How dare a battery-maker builds a car? This is probably the most mainstream question at that time.

Yu Xing thought this matter was particularly interesting.

When he returned to the hotel, he shared his communication with Xiaoying today with the boatman, and talked about what the boatman finally asked him about.

Liu Wanying's first reaction was: "What do you want to do? Do you also want to start a car company to cheat subsidies?"

"Hey, Xiaoying, do you have a misunderstanding of me?" Yu Xing was helpless, "I will share the latest conversation with you. How come you come up is just to cheat or not. I didn't say I want to build a car."

Liu Wanying hesitated for three seconds and asked, "Do you want to cheat subsidies in the automotive industry? Or are you, Bai Xiaosheng, sifting out any abnormal information?"

"I just feel it. I think you can make a fortune by making a shovel." Yu Xing replied.

No mistakes, one song, one content, one in 6, one book, one bar, one reading!

"If you want to get rich, then slowly sift through the information. If we can do the work between Jiahan Forestry and Alibaba this time, the principal in our hands will be greatly increased. Then, we will have a strong income-generating ability to operate it. ." Liu Wanying said seriously, "Since you said light asset operation, what else can you have lighter assets than this?"

Yu Xing pondered: "Yeah..."

"If you believe Wang Chuanfu's judgment, this new energy is the future, or you have such expectations yourself. By the way, I think you are still paying attention to Tesla in the United States." Liu Wanying said, "In this case, what's the point of making a shovel? Shouldn’t the biggest long-term company be to start a car company?”

She is now accustomed to dividing things into two directions, one is short selling at the financial level, and the other is longing in corporate operations.

Yu Xing pondered again: "This time..."

But as soon as these four words were expressed, he thought of the ideal, NIO, Xiaopeng, and other new energy vehicle companies that had not yet appeared.

Liu Wanying didn't know what Boss Yu was thinking, so she expressed her point of view: "There is a saying that the best time to do something is ten years ago, followed by now."

Yu Xing wondered, "Xiaoying, what are you doing? Encourage me to build a car?"

"Of course I object." Liu Wanying said with a clear attitude.

Yu Xing was even more puzzled: "Then tell me for a long time?"

"From my understanding, I don't think building a car is a good choice." Liu Wanying said frankly, "But if you think this is interesting and you are willing to invest, and when we do a few votes, it's not impossible. Try it, I object to this matter, I support you."

"Well, do I want to thank you? But I don't seem very excited." Yu Xing smiled, "Wait for Paulson to increase his holdings quickly, and rely on them to spend it."

Liu Wanying mentioned the latest news: "Paulson's pace is really close. I saw that he mentioned the company direction he is optimistic about on Wall Street, which includes Jiahan Forestry."

Yu Xing hopes that Paulson can increase his holdings quickly, and Alibaba is still waiting for news.

After the phone call was finished, he returned to his room and did not see Zhong Zhiling and Ge Xingwen. I wonder if these two people were going to browse the city scenery.

Yu Xing sat in front of the table, pulled over the hotel notebook, took out a pen and wrote a word on it, a shovel.

Then the second word, supply chain.

If you want to make money, you can just rely on investment opportunities, and you don’t have to worry about it.

Yu Xing is different from the past. Although he is not like the big guys he met, he can also initially mobilize some resources. As time goes by, these resources can quickly increase their value.

He wrote the third word, building a car.

Yu Xing carefully examined these three words, just like his communication with Xiaoying, no excitement emerged in his heart.

After a while, he suddenly thought of Xiaoying's first reaction and silently wrote the fourth word on the paper to cheat him.

So slap!

I don’t know what’s going on, but I feel excited all of a sudden.

There is indeed a lot of chaos in the automotive industry, especially before and after the development of new energy, which will inevitably bring a lot of verification of the mechanism to Bai Xiaosheng, including former boss Accountant Jia, who also got involved in it.

If you can help your former boss’s career with your own hands, you will definitely feel good.

Yu Xing drew a circle on the last word and unconsciously thought of more. The fraud of fraud not only happened in China, but also in foreign countries because CATL occupied the battery market.

In Europe, Beifu, a company dedicated to automobile battery manufacturing, appeared, hoping to reduce its dependence on Asian battery companies. It raised more than $15 billion in seven years and chose to build a factory in a small town in the Arctic Circle in Sweden. It is said that it is here. With plenty of sunshine, using solar energy can reduce costs and improve competitiveness... The ultimate outcome is to file for bankruptcy protection.

The founders of CATL have three comments on this, because their design is wrong, their process flow is wrong, and their equipment is wrong...

When Yu Xing thought of this, he felt that the scammers in the world were like crucian carp trees...

But another small idea came up, it was all a cheat anyway, so why not...

No, no, I am doing serious business.

Yu Xing quickly stopped his thoughts, unconsciously he could do such things, and quickly crossed out the words he wrote on the paper, but for some reason, he really became particularly excited.

(End of this chapter)