Chapter 857: The Clouds Will Clear and the Moon Will Appear

The success of Geometry Auto has brought tremendous pressure to its domestic peers, especially the new car-making forces. Just think about it, Geometry G9/Y9 sells for about 100,000 US dollars, and after a discount of 500,000 or 600,000 in China, other brands want to sell for 55,000, and they have to find a reason for themselves.

In the future, ES8 will sell for 500,000 yuan, and choose the battery replacement mode. Xiaopeng and Ideal have their own choices, but it doesn’t matter. If there is no capital support, after Geometry Y6 comes out, it is destined to be hit to pieces.

But Qu Li has already announced their product strategy, technical direction and approximate timeline. How to choose depends on the car companies themselves.

Geometry G9/Y9 is positioned as high-end. Even if Qu Li opens up the supply chain to the outside world, it is still not easy to learn. It can’t become high-end by selling electric cars, right?

It seems possible. Domestic pure electric vehicles have gained the advantages of the industrial chain and have done the best in the combination of software and hardware, so there are consumers willing to pay for domestic "high-end".

Now the new car-making forces have not learned to make cars, and don’t know how to be "thrifty". The cost is high and the price is high. No matter from which aspect, they are not Geometry’s competitors, but from the perspective of development, it will definitely bring more and more pressure to Geometry.

Especially the price of Geometry Y6 is more than 300,000 yuan, which can not only tell friends how to make high-end cars, but also teach them how to save money. Like Model 3, it is a model worth learning from.

Qu Li is in a difficult situation. Geometry Y6 is neither up nor down now, and has not opened up the gap with Tesla Model 3. Integrated die-casting is only realized in some parts and components. As for whether the cost has been reduced, it is really hard to say. Anyway, the investment has increased a lot.

Regardless of other things, the Super Factory 2.0 was built, and Qu Li went to the factory to work overtime. This three-dimensional factory increased the efficiency of space utilization, which is no worse than Tesla's Magic City factory. No, it should be one of the best automobile factories at home and abroad at this stage. It is a modern automobile factory tailored for Geometry pure electric vehicles.

Advanced technology is not the purpose, but reducing costs is. A lot of cost-reduction and efficiency-enhancing improvements have been made from multiple dimensions of time, space, manpower and transportation, including flexible transformation, which can produce most of Geometry's past, present and future models at the same time.

But before he could screw the screws in the factory for a few days, Zhang Yiwen returned to Xingsha. Among the companies named by the relevant departments, Zhonglian Group was the most wronged.

After seeing Shiguang Jumei give up Zhonghua United, the leaders of Hunan were a little shaken and almost wanted to give up the Southeast Asian market. After Zhang Yiwen came back from his vacation in Greece, he faced various difficulties and hated Qu Li, but he still gritted his teeth and persevered.

For example, from now on, keep a distance from real estate companies, especially residential and commercial real estate, and basically don't release new models. Prius, Jumei Logistics, and Yinghe's logistics real estate are special, and now have stable cash flow and are high-quality assets.

As for Yinghe's long-term rental housing project, it is also strange. In an important meeting this year, the relevant departments reiterated that "housing is for living, not for speculation". In 12 cities such as Yangcheng, Pengcheng, and Nanjin, as the first areas to carry out housing rental pilot projects, Shanghai sold two housing rental lands and prepared to convert some idle factory buildings into long-term rental housing. Beijin also requires enterprises to hold rental housing by themselves, only renting but not selling. Guangdong Province has vacated the cage and replaced the bird, the manufacturing industry has moved inland, and idle employee dormitories...

Originally, the domestic long-term rental housing support policy was implemented in 2015, but Yinghe Real Estate entered this industry earlier, and relied on informatization to break the two scale curses of 50,000 and 100,000 rooms.

How to say it? Long-term rental housing is very suitable for husband-and-wife stores, and their lives are very comfortable. Once the scale is up and the number of personnel increases, various frictions will arise. Not to mention the internal friction of personnel, there will be various unexpected problems.

Qu Li is good at institutionalization and process, and does not like to talk about human relationships. Yinghe Real Estate has been losing money since its development, and of course there are many trial and error costs. It is enough for employees to join in and work hard. Almost everything has a process. For example, mobile payment is now used, and staff cannot see the money, which reduces losses.

An important meeting report in October: "Housing system with multiple supply entities, multiple channels of guarantee, and both rental and purchase", policies have been issued across the country, mainly involving key policies such as allowing commercial conversion to residential, encouraging individuals to rent housing, and providing financial support.

For example, as the industry leader, Yinghe Real Estate has been actively invited by government agencies in many places to buy land at low prices, and there are low-interest loans of about 4~5%, so sometimes it is the general trend of the times that drives the growth of enterprises.

Qu Li was both happy and uncomfortable to be able to borrow low-interest funds without going through Zhonghua United, mainly because he no longer wanted to buy land to build houses, but the relevant departments pushed you to buy land and build houses...

In addition, Jinxiu and Jinlin, subsidiaries of Yinghe Real Estate, have always been registered in the name of real estate development companies. Now that the policy has been implemented, they can be directly registered as long-term rental companies.

The relevant departments strongly support long-term rental housing, and leaders have visited Yinghe Real Estate for research. Because of his high level, Chen Danlin fully cooperated and provided almost all information, including original financial data. It has almost become an industry consensus that long-term rental companies do not make money, even with various policy support, unless the rent is raised.

Originally, I wanted to criticize Qu Li for not letting go of every "penny", but now seeing that he has been losing money for so many years, there are finally more people on the Internet who understand Qu Li. Even if he is a "scumbag", he has never done anything that harms the world.

Zhang Yiwen saw that Chen Danlin and Yinghe Real Estate were both praised, but she was criticized by name. She felt that it was hard to swallow the anger in her heart. Fortunately, she remembered that the Belt and Road Initiative was very important. Whether it was Beijin or Huxiang, people kept reminding her that losing money was not important, but taking root in Southeast Asian countries.

At this time, China United's fund business or wealth fund company is now the first in the country. In addition to money funds, stock investment funds are also the first in the country. Fixed income teams such as bond funds are rising rapidly. At this stage, passive ETFs and index funds are still the leading in the country...

Although insurance, securities and banks are a little worse, they can still be ranked. China United's asset scale should exceed one trillion. Zhang Yiwen can control such a large financial group, and she has no law or discipline in the middle. It has to be said that it is a miracle. There are countless people in the country who envy her.

Overseas business relies on acquisitions to serve more than 1 million overseas customers. The key is that there is no interruption in cooperation with WeChat and Sopay, and there is still a chance to overtake through Internet finance.

Qu Li didn't know much about finance, so he couldn't help her much. It was better to comfort her child than to comfort her. However, the child was registered in Beijin, so he could only satisfy her first, and then he could do other things with half the effort. But it was hard for Qu Li, who had backache and cramps... (End of this chapter)