Reborn Entrepreneurial Giant.

Chapter 393 The man of the times

The Zhongguo Entrepreneurs Summit was held in Beijin. Many big names attended the event. The only missing person was Qu Li, the richest man in Zhongguo. The young richest man, whose popularity on the Internet is as popular as Ma Yun, has become a bit unworthy of his name. He is not listed on Weibo. Stop the rumors that old people are suppressing newcomers.

Qu Li naturally did not have time to understand the situation and did not comment on it.Most of those old-timers are outstanding entrepreneurs. How could they have such shallow thoughts? This is a naked slander.You asked him why he didn't take the initiative to help refute the rumors. Qu Li laughed, it was fine if he didn't do it himself. If you want him to help, just dream.

Of course, Qu Li could explain on the surface that he was too busy and had no time. The general framework for the cooperation between Qiancheng Motor and Changfeng Motors to establish "Cheetah Motors" was established, and there were still many processes to follow.

The market value of Qiancheng Automobile is stable at around 80 billion, and it could have been higher. However, Qu Li wrote a short essay on Weibo to determine the basic logic and sequence of his operation of Qiancheng Automobile: build cars, build good cars, and build good cars that make money.It is almost clearly stated that Qiancheng CS6 is a product to establish channels and win consumer confidence. It is a product to make friends. If it does not make money, Qiancheng Automobile will most likely lose money...

You all said that the company will suffer losses, and the market will of course give you appropriate feedback, but this is also good. It will facilitate Honor to acquire shares of Qiancheng Automobile. It will acquire about 3% of the shares at a premium of US$20 million and consolidate Honor's holdings in Qiancheng Automobile. The shareholding ratio increased to more than 55%.

Not long after entering December, Honor, Changfeng and Qiancheng Automobile held a press conference. Provincial government leaders attended and announced the cooperation plan.

First, Honor acquired all the shares of Qiancheng Motors held by Changfeng. Later, Changfeng Group withdrew from the board of directors of Qiancheng Motors and invested in Cheetah, accounting for 55% of the shares. It also reached a strategic partnership with Qiancheng Motors, took over some channel resources and the Yongzhou factory, and could continue to use Mitsubishi Motors. technology and patents.

This adjustment of Qiancheng Automobile only leaves Qiancheng CS series, Xingsha factory, Hengyang supporting factory, and two automobile R&D bases in Beijin and Xingsha.Of course, there are two joint venture factories, one is Qiancheng Mitsubishi with a 50% stake, and the other is Cheetah Motors with a 45% stake.

The dealer channels have changed from two to one, mainly 4S stores, which is another improvement.

As for the pricing of Cheetah Motors, Changfeng Group made concessions in order to obtain 55% of the shares and injected 15 billion soft currency into the company. This means that the money spent by Honor to acquire Qiancheng shares from Changfeng basically went to Cheetah Motors.

A series of news were made public, and the A-share market reacted strangely. Qiancheng Motor's stock price fell for several days in a row, but it did not fall to the limit. Later, the stock price rose instead.Some rumors came out that Honor gave up its military procurement business and became a purely private listed company in the automobile industry in order to avoid misunderstandings by overseas investors.

Changfeng Group has obtained the dominance of Cheetah Motors. Of course, the injection of 15 billion soft sister coins will make a difference. It will take over the previous automobile molds and build an automobile production base in Hengyang. As a local state-owned enterprise, it is normal to enjoy tax incentives and low-interest bank loans. Operation, I can’t envy it.

However, Cheetah Motors and Qiancheng Motors implement the same management system, which is the institutionalized and process-based system that Qu Li paid the consulting company to create.Although Chairman Li of Changfeng is old, he is not confused and knows how to learn well.

What troubles Li most is the construction of the R&D system. Even if the salary system is the same as that of Qiancheng, Cheetah Motors has a serious shortage of engineers. Fortunately, there is no shortage of people in the factory.Qu Li's bottom line is still very high, and it is impossible for Cheetah to let Cheetah build a "junk" car.

The quality of domestically produced cars has been a big problem for a long time, at least in 2010.Among joint venture cars, GAC Toyota and GAC Honda have the best quality control, even surpassing German cars. They are the target of Qiancheng Automobile's study.Qu Li's attention has strengthened the quality control of Qiancheng CS6, which has been greatly improved compared to before.Li Dong from Changfeng saw these things in his eyes and remembered them in his heart. This young man was not simple.

As for Qu Li, he felt much more comfortable when he saw the "clean" Qiancheng Car. However, after all this trouble, although he saved time, he spent more money.Twice before and after, Honor paid about US$5 million to acquire a "clean" listed company.The research and development costs of pure electric vehicles have not been included.

Qu Li originally said that Honor would only need to pay US$5 million for the three-year commitment, but now it seems that it cannot be maintained because Qiancheng Motor has made frequent big moves this year and is now short of money.Fortunately, the pure electric vehicles of Qiancheng Beijin Research Institute were enough to give Lei Jun, Li Yinan, Chen Jingqiu and others the opportunity to agree to increase their investment in Qiancheng Automobile.

The credibility of an entrepreneur is very important. Qu Li's practice of making promises but not fulfilling them is not advisable. Fortunately, he has not said this to the outside world. Everyone in Glory is his own people. It is not shameful to act recklessly. Qu Li and Qu Tianming are so self-constructed. .

No matter what, Qu Li is still determined to build Qiancheng Motor, and his confidence in pure electric vehicles is still there. Buying time with money is a routine operation, but he is afraid that he has gone in the wrong direction and stepped on the wrong time node. If we build a pure electric car, the success rate will drop to less than one percent, right?

2008 is neither too early nor too late. Accumulate experience now and achieve technological success in ten years. The current losses can be doubled in the future, and we can successfully enter a trillion-level market.

In addition to making mobile phones, Honor can also build cars. Its richness and wealth made many bigwigs attending the Zhongguo Business Leaders Annual Meeting in Beijin envious and jealous, and some people even felt a sense of hatred.Qu Li was so lucky that he didn't take them seriously.

"If I had so much money, I couldn't do worse than him..."

"If I had Google's support..."

"Qu Li is just a comprador, Google's white glove..."

"Glory is basically a foreign company..."

Some people also refute that he has already acquired a listed company in China. If this is a white glove, could it be that he acquired Qiancheng Motors for Google?

There's no point in being reasonable. Trolls never talk logically or rationally with you. What they like most is to slap you on their backs, and they only think about their stance, regardless of whether it's right or wrong.A maverick and unsociable rich man like Qu Li is a good target in the eyes of some people with ulterior motives.

What makes these people even more depressed is yet to come. On December 12, Time Magazine announced the Person of the Year for 15, and Qu Li was among the list, sharing this honor with Zuckerberg.

Some people may disagree, just as many people later felt that the Nobel Prize was not worth mentioning.But in history, only three Chinese people got this opportunity, Chang Kaishen and his wife, and designer Deng.

The news reached Zhongguo, and Qu Li soon appeared on Xinwen Network.