Reborn Entrepreneurial Giant

Chapter 576 Future Annual Meeting

Among private enterprises in Huxiang, Sany should be the leader, but Future Geometry is more well-known, and Qu Li, the richest Chinese man, is the pride of Huxiang. Therefore, there are quite a lot of people who express their love for the annual meeting of Future Geometry.

Many places in the country praise the Huxiang government for its high level of deception. A car manufacturing qualification plus a listed but not ranked car company, in exchange for tens of billions of dollars in foreign exchange, and a company that claims to "change the world" have a promising future. In the end, Changfeng Cheetah was still Changfeng Cheetah, so it lost an A-share listed company.

In fact, they haven't counted "Xiangjiang Fortune", a financial holding company with no "actual controller" and a full financial license. Some people say that this company is a model of Huxiang's financial innovation, while others say it is China's Lehman Brothers.

Anyway, although Xiangjiang’s wealth is okay and its securities underwriting ability is insufficient, talents come from all over the world. The direct descendants of Lehman Brothers took root here (Xiangjiang Investment) and have a foothold on Wall Street. It is considered a relatively unusual company in the domestic financial market.

The important thing is the scale. Although due to the complicated equity relationship, when going public becomes a luxury, this is indeed a financial holding group with strong assets.

The relationship between Qu Li and Xiangjiang Fortune is complicated, he doesn't want it, Zhang Yiwen can't have it for the sake of his family, and Chen Danlin is not suitable for it.

"I'm leaving. I'll get this done for you before I leave. I hope..." The Huxiang government official took out a document, which roughly stated that the Vision Fund holds about 25% of Xiangjiang Fortune's shares, which is the single largest Shareholders, behind the Vision Fund are Fanxing Fund and Vision Fund.

In addition to state-owned enterprises, other shareholders of Xiangjiang Fortune also have various private enterprises such as Sany Heavy Industry. Most importantly, with the endorsement of the provincial government, the personal relationship between Xiangjiang Fortune and Qu Li is gone.

Qu Li was very grateful to this boss, and said a few more words of "thank you".

"You don't have to thank me, it's your own efforts that are worth it." The leader offered to help and took part of the responsibility

Qu Li is quite ashamed. He actually doesn’t understand business management. The most important thing is that the future is in the right direction. Fuel vehicles have stepped into the domestic SUV boom. How many electric vehicles are guided by Tesla? , there is glory to pay, in the final analysis, it is still a routine of vigorously producing miracles.

Ordinary people, even state-owned enterprises, need luck if they want to reproduce the "great miracles". The existence of Qu Li itself is the greatest luck, but his own decisions, including capacity planning, overseas acquisitions, and factory construction, are not correct.

However, Qu Li's messy actions and his management theories such as "asymmetric risk", "first principles", and "empowering non-controlling" have become "other meanings". At least the leaders of Huxiang don't think that Qu Li is messing around. Therefore, while inspecting the future geometry, he told the person in charge of Cheetah Motors to be "obedient".

Huxiang leaders have objections to Changfeng Group. Without their troubles, the cooperation between Qiancheng Motors and Mitsubishi Motors will not change many times, and Cheetah may become a mid-to-high-end domestic brand.

In short, the management of Changfeng Group has delayed the development of the future and has reached a consensus in the Huxiang government, so their idea of ​​a management buyout is basically impossible to realize.

Yes, Changfeng Group wants to get rid of the shackles of the government and choose a management buyout, so that it can regain the management rights of Cheetah Motors.

As for Cheetah Motors, anyway, from the management system to the car development, it is basically the system of Qiancheng Motors. Apart from the Feiteng MPV, the current star products are not selling well.

After taking refuge in Qiancheng Motors, Xingsha Research Institute perfected the Cheetah Black King Kong facelift for them, and designed several urban SUVs and sedans that focus on less than 100,000 yuan.

It can be said that the Qiancheng Xingsha team used Cheetah cars to practice their hands, but the products they practiced are much more "authentic" than many domestic brands such as Lifan and Mustang.

Qu Li sometimes really wonders whether these companies are running a business. It may be difficult to build a good car, but it seems even more difficult to build a car into pieces using normal methods (the steering wheel of Lifan Motors is not facing the passengers ).

It’s not that Qu Li is envious of Cheetah’s current production capacity of 300,000 yuan, but he just doesn’t want to waste time. Anyway, Cheetah depends on the future, and there will be rewards after paying now.

At the Future Geometry annual meeting, Lu Tao, Xia Mingfei, Deng Weijiang and others all toasted the CEO of Cheetah Motors. Although they didn't think that Cheetah could reach full production capacity, the factory belonged to them after all.

As for Qiancheng Motors being able to design more SUVs and sedans, why not build them by itself? Of course, it is because of fear. The domestic sedan market of more than 100,000 yuan is basically dominated by joint venture cars. If Qiancheng’s first sedan is really going to fail, it will definitely be sold by friends. rubbing back and forth.

Great Wall SUV’s profit margin is also top-notch in China. Why didn’t it break the circle and become the leader of domestic independent brands? It’s not because it failed several times in the car industry. A lame car company cannot become a king.

Changfeng Group holds 55% of Cheetah's shares, so Cheetah Motors is at most the overflow of Qiancheng's automotive technology rather than the "vest" of Qiancheng Geometry. The failure of Cheetah's products has relatively little impact on Qiancheng Geometry.

Everyone knows the importance of Cheetah to Qiancheng at this time. It is not only a temporary production base, but also has many tasks such as team training.

It is certainly unfair to Changfeng Group to do so, but in Qu Li's morality, what he did did not harm the interests of "Changfeng" as a large group, at most it hurt the interests of the management, so he did not have any conscience. .

In order to reduce the problem, he even wanted to adjust Changfeng's management team. Unfortunately, such a grand plan was stopped by many people, and his outstretched hand was long enough.

"It's too late, you have to give others room to live." Deng Weijiang said

"Changfeng Group is much better than before." Qu Li felt that he was already very kind. Future Geometry has suffered serious losses in the past few years, and Changfeng and other affiliated companies have been making money. Why? Of course, Glory and Future are subsidizing supply chain companies.

"If they are disobedient, cancel the preferential treatment given to them." Qu Li said viciously, Honor's adjustment of the supply chain is bound to extend to Future Geometry, CATL is said to have already produced power batteries that meet the requirements of Future Geometry.

"If Honeycomb Energy can't do well, don't worry about it." Qu Li toasted them with a wine glass, said politely, told them to pay attention to rest, and told them the good news of Ningde era by the way.

"Tianming, give us a little more time, the mass production of 21700 batteries has been delayed..."

"It's okay, I'm not in a hurry." Qu Li calmly comforted them, what he wanted was a pure electric car, not a battery, and he didn't like others making excuses.

"Go, go back to work!" The general manager of Honeycomb Energy put down the wine glass in his hand, shouted and was about to leave

Qu Li was a little speechless and kept silent, while Lu Tao persuaded him: work is not in a hurry.

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