My fintech empire.

If Xiao Mi wants to follow Xingyu Technology's route to the high-end, it is basically certain that she will not be able to do it.

Because cheapness and cost-effectiveness have become deeply rooted in people's hearts as the brand characteristics of Xiaomi, it can be said that this is the reason why Xiaomi's smartphones have tried to impact the high-end market many times but have been repeatedly frustrated.

Most consumers think that they buy Xiaomi for its cost-effectiveness and low price. If a Xiaomi sells for 6 to yuan or even tens of thousands of yuan, consumers will think, why not buy a STAR with this money? At the very least, they will buy an iPhone, which is still a higher priority than Xiaomi.

It is almost impossible for Xiao Mi to reverse this situation today. Its brand characteristics and consumers’ perceptions have been deeply rooted in people’s minds. It is extremely difficult to change people’s perceptions, and it is necessary to be able to bring about truly disruptive changes.

For example, being able to launch products that are truly epoch-making, like the launch of the first generation of STAR mobile phones by Xingyu Technology, and the launch of Apple's first generation of iPhone mobile phones a few years ago, and forming a gap-like lead over its peers at the time, can achieve true transformation.

If you have such ability, what else can you say? If you fail to reach the high end again and again, it means you can’t do it…

The two new energy vehicles, N series and U series, currently launched by Xingyu Technology have formed a dimensionality reduction attack on their peers. The advantages that fuel vehicles are proud of have also disappeared. Various discontinuous innovative technologies are leading, and the technical level is three generations ahead of its peers in all aspects. The intelligent driving technology is unique in the world and is in a class of its own.

The worst thing is that it is not expensive, which is like a super dimensionality reduction attack.

The two models of Xingyu Technology are sold at such a relatively low price that they have the ability to provide good value for money, but this cannot be said to be as cost-effective as Xiaomi. These are two completely different things, because Xingyu Technology does not lower prices by lowering profit margins.

Selling at such a price and still making a gross profit of more than 20% is actually quite scary, and only people in the industry know how shocking this is.

High-end does not necessarily mean high price, and high price does not necessarily mean high-end. Instead, it depends on whether it has high value-added profit margins and leading innovative technologies.

Xingyu Technology has priced the SCN-3 and SCU-3 in the range of RMB 35 to RMB 50. In fact, this has a very clear strategic goal, which is to completely crush foreign brands represented by the BBA series, because this price range has the largest profit scale in the automotive industry, and this price range is dominated by foreign brands such as the BBA series.

Then they must be crushed into pieces. Only by crushing them into pieces first, whoever is obedient will be rewarded with a meal.

Crushing these foreign car companies is a very critical strategic link in expanding overseas markets in the future, and it is even indispensable, because what Fang Hong wants is to allow Xingyu Technology's intelligent driving system to be connected to those foreign car brands. He wants to create the Windows system of the automotive industry. It's that simple.

Under normal circumstances, would those foreign automakers agree? Would they be happy? Impossible!

Then we should crush them thoroughly and make them realize that they can only survive if they connect to Xingyu Technology's intelligent driving system and accept the new energy vehicle standards set by Xingyu Technology. Otherwise, they will be forced to close down, go bankrupt or be acquired by a reverse merger...

As long as they accept it, it will mean that Xingyu Technology has taken a crucial step in its strategy of opening up the international market.

In order to achieve this strategic goal, the first step is to blow up their market in Greater China, because these foreign car brands cannot survive relying solely on the market share in their own countries.

……

Fang Hong stayed in the R&D center for a while and has left now. Qin Feng and others followed him on foot. Fang Hong said as he walked, "The mid-to-high-end position is what Xingyu Technology likes the most and is a very comfortable position. In the new energy vehicle sector, we are stuck at the 35 to 50 position line. After gaining a firm foothold in this position, we can work from top to bottom. This potential energy is very strong."

Qin Feng nodded: "Not bad. And judging from the current feedback, the market performance of N3 and U3 will not be bad. It depends on the performance when the pre-order opens tomorrow, but I am very confident about it."

At present, Xingyu Technology’s current strategic goal is very clear, which is to quickly establish a firm foothold in the mid-to-high-end market, and then fight from top to bottom, which is a dimensionality reduction attack.

After a while, Fang Hong asked, "How is the promotion of Taiji Intelligent Driving System going?"

Unless it is absolutely necessary, Xingyu Technology will not make cars below 30 yuan. In other words, it will not enter the mainstream market to open up the market to other car companies. If it wants to, it can really kill more than 90% of its peers.

There is no way, the hard power is too strong.

The SCN-3 is priced at 36.98 yuan and still has a gross profit of more than 20%. People outside the industry may not be able to understand this, but peers in the industry think they are watching a horror story when they see such data.

Although it will not compete with other peers in the mainstream market, Xingyu Technology wants to promote its own Tai Chi intelligent driving system solutions in the mainstream market. It wants to be the Windows of the automotive industry. It is that simple. It will play the role of a supplier in the mainstream market.

At this time, Qin Feng replied helplessly: "This matter is not going smoothly. One car company even said that it does not want to hand over its 'soul' to Xingyu Technology. Major car companies have also shown varying degrees of resistance to our intelligent driving solutions."

Hearing this, Fang Hong sneered and said calmly, "Then there's no need to bother trying to please them. Let's crush them first. You have confidence in N3 and U3, but I have more confidence than you. Let's make a small impact on the world with these two models and increase the production capacity as soon as possible."

The person in charge of the new energy vehicle department next to him couldn't help but laugh and said, "I can see that these people will only face reality when they are really hurt and scream in pain."

What else can I do? Just do it.

Let's first crush the foreign cars represented by the BBA series. If this still can't deter them and they still can't recognize the general trend, then we will just increase the intensity. It's really not possible for Xingyu Technology to personally enter the market to make mainstream products. Not making cars below 30 does not mean that Xingyu Technology is incapable of doing so.

Xingyu Technology holds a lot of good cards and has the initiative. It can play the game any way it wants and remain calm and composed. This is based on its super strong hard power.

……

After the weekend, it was Monday, September 9th.

The A-share market ushered in the first trading day of the new week. The call auction of the SGX market ended in the morning. The SGX 50 Index opened at 5775.94 points, jumping up sharply by +1.07%, marking the sixth consecutive rise in the recent index and also a new historical high.

The main reason for the sharp opening is that Xingyu Technology opened +2.73% higher today. If such a high opening amplitude were applied to other stocks with a market value of tens of billions or hundreds of billions, it would have basically no impact on the overall market index, and even if the market value reached hundreds of billions, it would not have much impact.

But Xingyu Technology is different. After opening higher by +2.73% today, its market value officially exceeded the 16 trillion mark. This +2.73% increase brought about a huge net increase of 4200 billion in market value.

At present, the total market value of the SGX market has reached 72 trillion. The market value of Xingyu Technology of 16 trillion directly accounts for about 22% of the total market value of the SGX market, which is quite exaggerated.

As a constituent stock of the Xinzheng 50 Index, Xingyu Technology's weight in the index has reached 29%. The total market value of a stock accounts for more than 20% of the total market value of the stock index. The rise and fall of this stock can determine the rise and fall of the index. The greater the weight of an individual stock in the index, the greater the impact of the rise and fall of the stock on the sector index.

In other words, the trend of Xingyu Technology largely determines the trend of the New Securities 50 Index. Now, if Xingyu Technology rises or falls by 1 percentage point, the impact on the trend of the New Securities 50 Index will be very obvious.

Another stock that also has a clear impact on the trend of the New Securities 50 Index is Matrix Quantum. The current market value of this stock has soared to an astonishing 9.35 trillion yuan. It is basically certain that the next stock with a market value of 10 trillion yuan in the A-share market will be Matrix Quantum.

These two stocks are known by investors as the "kings" of the SGX market, and the weight of Matrix Quantum in the SGX 50 Index has reached an astonishing 17%.

The combined weight of these two stocks alone accounts for nearly 50% of the SSE 46 Index, which is close to half of the weight.

If the Xinzheng 50 Index wants to rise, these two stocks at least cannot fall sharply without contributing to the index's increase. If these two stocks fall sharply, even if the other 50 constituent stocks in the Xinzheng 48 Index rise collectively, they will not be able to offset the drag of the decline of these two stocks on the index.

Vice versa, if these two stocks rise sharply, even if other component stocks fall collectively, they can offset their decline and even pull the index up.

Investors call these two stocks the "big and small kings" of the SGX market, and the nicknames are well-deserved.

...(End of chapter)