Reborn Entrepreneurial Giant

The China Heroine Entrepreneur Summit was held in Beijin, and many bigwigs participated, except for Qu Li, the richest woman in China. The popularity of the young richest man on the Internet is comparable to that of Ma Yun. Avoid rumors that old people are oppressing newcomers.

Qu Li naturally didn't have time to understand the situation, so he didn't comment on it. Most of those seniors are excellent entrepreneurs. How could they have such superficial thoughts? This is blatant slander. You asked him why he didn't take the initiative to help dispel the rumors, Qu Li laughed, it's fine if he doesn't do it himself, if you want him to help, it's a dream.

Of course, Qu Li can explain on the bright side that he is too busy and has no time. The general framework for the establishment of "Cheetah Motors" by Qiancheng Motors and Changfeng Motors has been established, and there are still many follow-up processes to go.

The market value of Qiancheng Automobile is stable at around 8 billion, which could have been higher, but Qu Li wrote a small composition on Weibo to determine his basic logic and sequence of operating Qiancheng Automobile: build cars, build good cars, and build good cars that make money. It almost clearly stated that Qiancheng CS6 is a product for building channels and gaining consumer confidence. It is for making friends and not making money. Qiancheng Auto will probably lose money...

You said that the company will lose money, and of course the market will give you appropriate feedback, but this is also good, so that it is convenient for Honor to acquire shares in Qiancheng Automobile, and acquire about 20% of the shares at a premium of US$300 million. The proportion of shares increased to more than 55%.

Not long into December, Glory, Changfeng and Qiancheng Motors held a press conference, attended by provincial leaders, and announced the cooperation plan.

First, Glory acquired all the shares of Qiancheng Automobile held by Changfeng. After that, Changfeng Group withdrew from the board of directors of Qiancheng Automobile, took a 55% stake in Cheetah, and reached a strategic partnership with Qiancheng Automobile, taking over some channel resources and Yongzhou factory, and can continue to use Mitsubishi Motors. technologies and patents.

With the adjustment of Qiancheng Motors, only Qiancheng CS series, Xingsha factory, Hengyang supporting factory, Beijin and Xingsha two automobile R\u0026D bases remain. Of course, there are also two joint venture factories, one is Qiancheng Mitsubishi, which holds 50% of the shares, and the other is Cheetah Motors, which holds 45% of the shares.

The dealer channel has changed from two to one, mainly 4S stores, which is another progress.

As for the pricing of Cheetah Motors, Changfeng Group made concessions in order to obtain 55% of the shares and injected 1.5 billion soft sister coins into the company, which means that the money that Honor acquired Qiancheng shares from Changfeng basically went to Cheetah Motors.

A series of news was made public, and the A-share market reacted strangely. The stock price of Qiancheng Motors fell for several days in a row, but it did not fall by the limit, and then the stock price rose instead. Some gossip spread that Glory gave up its military procurement business and became a purely private listed company in the auto industry in order to avoid misunderstandings by overseas investors.

Changfeng Group has obtained the leading right of Cheetah Automobile. The injection of 1.5 billion soft sister coins will certainly 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, not envious.

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

The most troublesome thing for Li Dong is the establishment of the R\u0026D system. Even if the same salary system as Qiancheng is maintained, the engineer team of Cheetah Motors is seriously insufficient. Fortunately, the factory is not short of people. Qu Li's bottom line is still very high, and it is impossible to let Cheetah build "garbage" cars.

The quality problem of domestically produced cars has been a big problem for a long time, at least in the past few years in 2010. Among the joint venture cars, GAC Toyota and GAC Honda have the best quality control, even surpassing German cars, and they are the learning goals of Qiancheng Motors. Qu Li's attention has strengthened the quality control of Qiancheng CS6, which has been greatly improved compared to before. These Changfeng's Li understands in his eyes and remembers in his heart that this young man is not simple.

As for Qu Li, looking at the "clean" Qiancheng car, he felt much more comfortable. It's just that after such a toss, although he saved time, he spent more money. Twice before and after, Glory paid about 500 million US dollars and harvested a "clean" listed company. The research and development costs of pure electric vehicles have not been included.

Qu Li said at the beginning that Glory would only need to spend 500 million US dollars in three years, but now it seems that he can't stick to it, because Qiancheng Automobile has made frequent big moves this year, and now it is short of money. Fortunately, the pure electric cars of Qiancheng Beijin Research Institute are enough to save face, so that Lei Jun, Li Yinan, Chen Jingqiu and others unanimously agreed to increase investment in Qiancheng Motors.

The credit of an entrepreneur is very important. It is not advisable for Qu Li to make a promise and not fulfill it. Fortunately, he has not said this to the outside world. The glory is all his own people. It is not shameful to play and roll. .

In any case, Qu Li’s determination to make a good future car is still there, and his confidence in pure electric cars is still there. Buying time with money is a routine operation. If you build a pure electric car, the success rate will drop to less than 1%, right?

2008 is not too early, not too late. Now that we have accumulated experience and achieved great technology ten years later, we can make up for the current losses and successfully enter a trillion-level market.

In addition to making mobile phones, Glory can also make cars. Its wealth and wealth made all the bigwigs who participated in the annual meeting of Chinese women business leaders in Beijin envious and jealous, and some people felt unnamed "hate". Qu Li is so lucky that he doesn't take them seriously.

"If I have so much money, I can't do worse than him..."

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

"Qu Li is a comprador, a white glove for Google..."

"Glory is simply a foreign company..."

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

It's meaningless to be reasonable, trolls never talk to you about logic and reason, what they like most is to label you, only distinguishing positions regardless of right or wrong. A rich man like Qu Li who is independent and out of gregarious is a good target in the eyes of some people with ulterior motives.

What made these people even more depressed was still to come. On December 15th, Time Magazine announced the 2010 Person of the Year, and Qu Li was on the list, sharing this honor with Zuckerberg.

Some people may not take it seriously, just like many people later thought that the Nobel Prize was not worth mentioning. But only three middle-aged women in history got this opportunity, Chang Kaishen and his wife, and designer Deng.

The news spread to Zhongguo, and Qu Li soon appeared on Xinwen Lianbo.