Reborn Entrepreneurial Giant

After the semi-annual report of Qiancheng Geometry came out, Qu Lifei went to Xingsha to understand the situation: the sales volume of Qiancheng fuel vehicles exceeded 30,000 on average every month, about 200,000 units, and the average price of bicycles was 135,000 yuan, with sales of 27 billion; Sales of 3 billion. Future Geometry has a total revenue of about 30 billion, ranking first among domestic independent brands.

Although Qiancheng Geometry's revenue is not as good as that of SAIC, FAW and Dongfeng, it ranks second among the large A-share listed companies. The most important thing is that the loss has narrowed, only a few hundred million yuan.

This is not surprising. Although Future Geometry has planned a production capacity of 2 million yuan, large-scale investment has not yet started, and even the land has not been bought. Other R\u0026D investments are not exaggerated. Honeycomb Energy is no longer consolidated, and it is calculated as a loss. greatly reduced.

For another 200,000 fuel vehicles, the net profit of each vehicle is at least 10,000, which is 2 billion. The net profit of pure electric vehicles is about 15%, about 500 million, and the profit of future geometry is at least 2.5 billion, offsetting losses in other areas. The current situation is normal.

"We can achieve profitability this year!" said Deng Weijiang, Chief Financial Officer

"Really?" Qu Li was numb. A bunch of people in the big A shares scolded him. A large number of economic analysts gave research reports on the future. Many people analyzed the business models of Jumei and Glory and Qu Li's Based on my personal management philosophy, I have come to the conclusion that Qu Li is not concerned about the future, otherwise he would have been profitable long ago.

Before there was hunger marketing, and later there was intentional loss. Anyway, one sentence: Qu Li is not Hao Ren.

"As long as there are no major changes in the company in the second half of the year, such as the sudden acquisition of General Motors."

"Ahem!" Qu Li was embarrassed. He originally planned to turn losses into profits last year, but later saw that he couldn't do it. He broke the pot and made some financial adjustments, which increased the losses. Others are not completely nonsense

"Forget about GM, Opel is a possibility..." Qu Li deliberately teased him

"You won't come for real, why don't you make any preparations?" Deng Weijiang

"Who knows if GM really wants to sell Opel, how to prepare?" Qu Li

"Are you sure now?" Deng Weijiang knew that Qu Li and GM were flirting.

"I'm sure, they are reluctant to buy 21700 batteries." Qu Li was annoyed when he thought of this. Why can't he think about producing 21700 batteries? Although the reliability is high, the heat dissipation is good, and the manufacturing cost is low, the BMS battery management of the square battery is simpler.

GM does not want 21700 batteries. Panasonic has its own technology and is not interested in building a factory in the United States, but patents are a problem. Panasonic does not want Honeycomb Energy to build a factory in North America, but wants to cooperate with Geometry Motors.

At this time, it was a test of the management's imagination. Qu Li didn't want much. He got some technology licenses for ternary lithium battery patents from Panasonic. In the field of power batteries, Japanese and Korean companies have invested a long time and accumulated a lot of patents. There are not many ternary lithium patents, but there are also needs for the use of honeycomb. They have also reached similar patent cooperation with Ningde Times and ATL. The premise is of course a large-scale purchase order. Samsung later succumbed to Apple's money, let alone the two Japanese companies.

Honeycomb Energy and Panasonic reached an agreement to purchase 21700 battery production lines. They can only build factories in China to meet their own needs, and cannot build factories abroad. In addition, Geometry needs to purchase Panasonic's 21700 batteries. The last is patent and technology cooperation and mutual authorization.

Whether many domestic battery companies can bypass CATL and BYD's patents is really unknown, but BYD is now developing lithium manganese iron phosphate, and later abandoned manganese. Honeycomb Energy has just set foot in lithium iron phosphate and can step on the road of BYD go ahead.

These details will not be announced to the public. Future Geometry has quietly laid a solid foundation. Unfortunately, the Geometry Y9 cannot use 21700 batteries. Honeycomb Energy is said to have made a breakthrough in technology, which seems to have reached the level of Panasonic’s 21700 batteries.

Qu Li held a meeting with Lu Tao, Zhang Qinan, Xia Mingfei, Deng Weijiang, He Qicheng and others to determine the activities for the second half of the year, and there was no plan to acquire Opel.

There is nothing to say about fuel vehicles, that is, CS6 and CS8 and their facelifts, niche coupes, and family cars will go on sale around 2015. High-end off-road vehicles, MPVs have no plans at all, and the rest is the CMA architecture and chassis suspension. The frame was developed.

Geometry pure electric vehicles only have SUV Geometry Y9 and Geometry G9 upgrades, which mainly upgrade the smart cockpit and automatic driving. Other changes are minor, and the flat-line motor has not yet been developed. Zhang Qinan is confident that Geometry's L2-level autonomous driving will be the first in the industry.

In fact, with the unveiling of the Geometry Y9 at the Shanghai Motor Show and Qu Li’s interview with overseas media, there have been more discussions about software-defined cars, smart cockpits, and autonomous driving, including the Gigafactory project.

Qu Li is a big fool, although his nationality is at a disadvantage in the European and American markets, but his ability to fool is really strong, and fans have already taken the initiative to support him on social media at home and abroad. Even a large number of technicians are discussing the feasibility of the direction of geometric technology.

This is the case with a great company. He has shown his cards, but his competitors have no choice but to watch him grow, and then stand on the sidelines and shout "666".

After talking about these directional issues, let’s talk about specific transactional issues, such as how to ensure product quality and do a good job in production management under the premise of capacity expansion, whether super factories need lean manufacturing, and how to solve the increased maintenance costs of integrated die-casting... …

In terms of management, Qu Li can express some opinions to some extent, do a good job in personnel training regardless of academic qualifications, high salary and high benefits increase the attractiveness of the job, and then strengthen competition and eliminate the bottom, forcing team members to grow.

Some methods are not in compliance with the regulations, but everyone does it. Future Geometry is at least the most generous in giving money. The salary of the current month is paid in the first ten days of the second month, and Moudi seems to be in the second ten days. Not only the future geometry, but the employees of the Honor mobile phone production line were also issued in the first ten days of the second month.

It's not that Qu Li and Glory are kind-hearted, it's that some hungry guys in Europe and the United States are pushing the multinational giants to make more humane changes.

The production management of the super factory is not effective based on their imagination. The development of various software and hardware requires the cooperation of global enterprises. For example, a large number of customized automated robots and production management systems need to be summed up in practice, requiring programmers to work overtime.

After talking about management, there is also store construction, national unified price, and all kinds of repairs and services must be clearly priced to reassure consumers. At the same time, after gradually losing the ability to control prices, it will definitely be a huge blow to 4S stores. Future Geometry recruited dealers to open 4S stores in first- and second-tier cities, which caused a lot of trouble.

what to do? Of course, stick to the principles without compromise. (end of this chapter)