My fintech empire.

Chapter 1469 [Tongtai Automobile visits to ask for a test drive]

Xingyu Technology launched the Pioneer Experience Program, and hundreds of the 4000 vehicles have changed hands frequently in the past few days. Because of this, a large number of black fans have appeared and spread rumors, saying that these two cars are good-looking but not practical. Some car owners who participated in the Pioneer Experience Program have sold their cars in large numbers.

They also used this as a "basis" to wildly denigrate and smear the issue, confusing the public and showing how journalism has been played out.

But what is the actual situation?
Many car owners who participated in the Pioneer Experience Program did sell the cars they had won, but they were bought by others at high prices, with some even willing to pay double the price to get them.

The rumormongers who tried to smear and defame the company did not mention a word about the transaction price, clearly taking the company's words out of context.

At this moment, there are a large number of attacks and denigrations on the two models launched by Xingyu Technology on the Internet, the intensity of which is unprecedented.

Looking at this phenomenon dialectically, the more it is slandered and spread, the more it shows how anxious or fearful the financial backers behind it are.

One of the important reasons why there are so many rumors and slanders on the Internet and the public opinion is so fierce is that during this period of time, foreign companies have privately bought several SCU-3 and SCN-3 vehicles and then disassembled them for research and evaluation.

It would have been fine if it hadn't been dismantled. After dismantling, researching and evaluating it, everyone was almost silent. The silence was so deafening.

After realizing the gap, they began to exert their strength in the public opinion field, frantically disparaging and smearing, and mobilizing all kinds of public intellectuals to attack frantically, but this is more like a kind of impotent rage after despair after learning the truth.

The public opinion field is very lively at the moment. Car companies that have not developed intelligent driving systems have denigrated intelligent driving, while car companies that have developed intelligent driving but have not reached the top level say that the intelligent driving levels of each car company are about the same.

Xingyu Technology, which has truly achieved the leading position in intelligent driving systems, is vigorously promoting its own intelligent driving systems.

Some are like people suffering from schizophrenia. On the one hand, they say that the intelligent driving system is useless, while on the other hand, they proudly announce that they have entered the first echelon of intelligent driving.

It is one thing that many competitors are secretly spending money to discredit Xingyu Technology, but as insiders, they are not fools. On the contrary, they are very clear about the gap. They deeply understand the strength of Xingyu Technology, which lies in its leading and comprehensive technology, and the deep integration of software and hardware.

Before Xingyu Technology entered the market, all domestic car companies, including BYD, had more or less "biased" phenomena, for example, they were strong in electrification but poor in intelligence.

However, Xingyu Technology, which had been holding back its big move for so many years, made its debut with a strong attitude as a "hexagonal warrior". Not only did it not have any shortcomings in any subject, but it also did top-notch work in all areas. It has mastered motors, batteries, and electronic controls, and is leading the industry.

In addition, the cockpit chips, smart driving chips, and AI chips required for the intelligent system are also available.

It also has sensor components such as lidar, millimeter-wave radar, ultrasonic radar, and cameras.

There are also some other miscellaneous technologies such as vehicle-mounted lighting, communication modules, integrated vehicle thermal management, and even audio and air conditioning, which Xingyu Technology has also clearly explained.

When competitors see these things, the only thing that comes to their mind is: Am I still running a market?
……

Monday, September 9, Xingyu Technology Headquarters.

"Mr. Qin, Yang Zhenghai, the head of Tongtai Automobile Group, brought their automobile technology development team to visit our company and brought a new energy vehicle designed by their company. They would like to invite you to come downstairs to try the car..." At this moment, Qin Feng's assistant reported to him.

Qin Feng was confused when he heard this. He looked at his assistant and said, "Tongtai Automobile? How come I have never heard of it?"

It is worth mentioning that in the past two years, Qin Feng has spent a lot of time and energy traveling around the country looking for cooperation with automobile manufacturers to promote his intelligent driving system solutions.

As a result, the big guys in the automotive industry are all so arrogant that they don’t even pay attention to Xingyu Technology.

The domestic automobile industry has not yet felt the power of intelligence. No car company paid attention to the olive branch actively extended by Xingyu Technology, an "outsider". Some car companies even put forward the "soul theory".

At this moment, Qin Feng's assistant replied: "It's normal that you don't know this car company. It's basically a little-known car company. According to information, Yang Zhenghai founded a company in Silicon Valley a few years ago, aiming to collect intelligent technology and talents for new energy vehicles, and also designed several prototypes."

"The company was listed on the Shanghai Stock Exchange's main board in April 2015, with a market value of 4 billion at its peak. Today, its share price has fallen below the issue price, and its market value is only 420 billion."

"According to its financial report data, Tongtai Automobile is still in a loss-making state. In 2018 and the first quarter of 2019, the company's operating income was 1.01 million yuan and 0.27 million yuan respectively, and its net losses were 0.57 million yuan and 0.13 million yuan respectively..."

Obviously, judging from these data, Tongtai Automobile Group is facing a difficult situation from which it is difficult to save itself.

However, the company's head Yang Zhenghai is constantly seeking ways to save himself. When Xingyu Technology was promoting its own intelligent driving system, it did not contact Tongtai Automobile Group because this company had not entered Qin Feng's sight from the beginning.

However, when Yang Zhenghai learned that Xingyu Technology was looking for car companies to cooperate with nationwide, coupled with the press conference a while ago, he took the initiative to lead a group to travel more than a thousand kilometers to Xincheng, and also brought a prototype of a new energy vehicle they designed.

At this moment, he came to the headquarters of Xingyu Technology for a visit, and Mr. Yang shamelessly invited Qin Feng to come downstairs to try the car. His sincerity and enthusiasm made Qin Feng embarrassed to refuse him.

It just so happened that Xingyu Technology was now also considering promoting intelligent driving systems in the industry. Qin Feng thought about it and decided to meet him, putting aside the matters at hand for the time being.

Not only did he meet with Yang Zhenghai, he also selected a management team from the new energy vehicle department to study the prototype car brought by Tongtai Group.

……

At this moment, Yang Zhenghai and Qin Feng were chatting on the side, and the Xingyu Technology team was conducting various data evaluations on the prototype car sent by Tongtai Automobile.

Yang Zhenghai's attitude can be said to be very humble and super enthusiastic.

There is no way, what is Xingyu Technology? If you don't look at anything else, just look at the market value of this company. The terrifying market value scale of 16 trillion, the current market value of Tongtai Group is only about 47 billion, which is not even a fraction of the fraction of the market value of Xingyu Technology.

After some hard work, Xingyu Technology's testing team completed various tests and evaluations on the prototype vehicle.

Yang Zhenghai immediately said to the tester expectantly: "How is it? Just tell me directly."

He said this very modestly and sincerely. After Qin Feng nodded, the tester said simply and clearly: "Our comprehensive evaluation conclusion is that according to our internal standards, the quality of this car is acceptable, the design is average, and the degree of intelligence is basically zero."

……