Reborn Entrepreneurial Giant

Chapter 695 Investing in Huaguan

Mercedes-Benz has a magic carpet air suspension, and Land Rover has an all-terrain feedback system. These are all body control systems, as is BYD's cloud drive, and the principles of implementation may not be the same. BBA said that they have a large amount of data accumulation, but the future geometry does not, so they use the car-machine chip to calculate the data.

No matter how powerful the magic carpet is, it is a fixed way to deal with limited road conditions, and the active suspension system that the future geometry needs to do can deal with more complex road conditions.

However, they are not ready yet. After their concept car comes out and fully demonstrates the strength of Qiancheng Geometry to the public, next year they will increase their efforts to open up to the outside world and invite some self-media to visit and introduce the situation to the outside world.

Tesla can not advertise, but Qu Li never thought of not advertising. Even if he has been bragging for several years, there are still too many domestic consumers who do not recognize domestically-made cars, mainly because domestic auto companies did not start out. Product thinking, never thought of creating high-quality goods, but Qu Li is different, from the glory to the future geometry, the team he leads is carefully polishing each product to ensure product strength and quality.

"Qiancheng Geometry is the least domestically produced car..."

"Geometry G9 is better than BBA million-level luxury cars. This is the best luxury car in China..."

If we want to talk about the future geometry, I couldn’t say anything dry before, and I won’t in the future. At least the fans of the two brands should not be sprayed one-sidedly when they spar with others on the Internet.

Qu Li asked Gao Yushan to arrange for people to work overtime in Glory, to help refine various selling points, as well as promotional words, well, he can actually do these by himself, he just needs others to complete the details. For example, the Chinese name of the CMA architecture is "Swinging Architecture", the power combination is called "Kunpeng Power", and the body stabilization system (active suspension) is called "Yunyu".

This stunt car is in the shape of a supercar, and it won’t be sold anyway. It will only be used once. With the attention of the leaders, many things can be easily pushed forward. The required funds are quickly approved, and a team is arranged to integrate that. Several key technologies.

Qu Li stopped by Great Wall Huaguan to inspect the company. This company was destroyed by him. It was no longer the original company that was engaged in car design. The current product line is very complicated, and almost everything is produced.

For example, air suspension is too expensive overseas and does not meet his needs. He makes it himself, and there are also magnetorheological shock absorbers, etc. Overseas cannot produce reliable products for mass production, and the price is skyrocketing. These have to be overcome by them.

Not only self-produced, but also invested in other companies, such as some carbon fiber manufacturers, Geometry G9, and the next Y9 will use carbon fiber to reduce body weight. Although they have a material company under their umbrella, they develop aluminum alloys, stainless steel and other metal materials for Honor, Future Geometry, and Galaxy Power, but carbon fiber is different.

Not to mention this, the previous adjustments of Honor and Future Geometry have given a clear signal to the outside world that various black products of Honor and Huaguan can be supplied to the outside world, such as Honor's car chips and systems.

Huaguan has driving records plus navigator, binocular and trinocular cameras, charging piles, motors, active suspension, biometric identification solutions represented by fingerprint identification, as well as automotive chips, power semiconductors such as IGBT chips, SiC modules, and automotive gauges. Class MCU, sensors such as laser and mmWave radar...

It's not that Qu Li wants to do everything, but mainly for the sake of supply chain security, if he can cooperate, he will cooperate, and if he can't, he will develop it himself. In order to achieve "self-controllability", he also needs to build his own semiconductor factory, which is why he wants to separate Arima Company and not disclose the details of Arima's operation. For example, Huaguan has many subsidiaries, and the subsidiary responsible for automotive-grade semiconductor chips is more important.

I won’t go into details about Arima’s specific shareholding ratio. Fanxing Fund’s Vision Fund has participated, and the various vests are not important. They are all under Quli’s control anyway.

There are already major European and American automakers consulting Honor and Huaguan for cooperation, and domestic self-owned brands have also consulted with companies. Non-exclusive products are still very cost-effective, and those with a leading edge in technology will of course have a price advantage. As for the business of electric vehicle design, Arima does not provide it.

The general manager of Huaguan is an "old man" in the automotive electronics industry. Qu Li participated in the selection, and the other members were in charge of Glory. Qu Li once again emphasized the purpose of Huaguan's existence, his main tasks, and the possible requirement of being self-responsible for profit and loss.

With so many projects, they only serve the future, and losses are inevitable. Therefore, Honor has given the business of fingerprint recognition to Arima, which can provide fingerprint recognition modules for other mobile phone manufacturers and earn a little money to support their livelihood.

This is not enough, what should I do? Then continue to think of ways, such as acquiring OmniVision OV Technology. This company was originally a supplier of mobile phone camera sensors for Apple's IPhone, but Samsung and Sony did better, so OmniVision was abandoned. This company has accumulated enough technology and patents, and every electric car will have a camera in the future, so it is reasonable for Arima to win OmniVision.

There is Qinghua venture capital in China competing with him. As a company with a higher degree of internationalization, Honor is obviously more familiar with the rules of the game and can gain the trust of this company. Well, it is mainly because the founder of OmniVision is under the banner of Honor Spreadtrum. Work.

There is no shortage of money, it has something to do with it. If the acquisition fails, it can only be said that the person in charge of the acquisition is too frustrated. Obviously there is no such oolong this time. OmniVision Technology listed on Starq.

How can Huaguan have nearly 10 billion soft sister coins in cash, and it must be financing. Whose money do you want? If Qu Li was a venture capitalist, he would definitely not invest in a rubbish company like Huaguan. The prospect is unclear, the performance depends on the glory and the future, and there is no purchase contract, so the risk is too great.

However, someone took the initiative to come to the door, that is, the large fund just established this year, which invested in Changjiang Storage before, and the newly established Hefei Changxin, who paid special attention to the industries under Quli.

It can’t be blamed that Qu Li doesn’t think too much. According to public information, big funds mainly invest in wafer manufacturing, while Huaguan is only an electric vehicle supply chain company. Even if it designs semiconductors, it has nothing to do with advanced manufacturing.

I found someone to contact the person in charge of the big fund, but did not get a definite answer, but provided another guess: "Maybe I hope Arima will serve more auto companies!"

In addition to Geometry G9, well-known domestic new energy vehicles include BYD Qin DM, BAIC EV, and Roewe 550. Various other miscellaneous products are flooding the market. Because of their cheap prices, many have sold more than Geometry G9.

But here it comes, whether it’s BYD’s iron battery or the ternary lithium that BAIC found somewhere, it’s quite disappointing. The core of the three-electricity of domestic companies is really pulling the hips. Except for BYD, but the quality control problem has not been resolved.

Product quality is related to many things. According to the process, the design is the main reason, followed by the quality of spare parts, and finally the level of manufacturing. At this stage, including BYD, there is no clear idea of ​​​​making cars, and they are all using oil instead of electricity. Geometry has been working on a pure electric platform since the beginning, and now it is clear that it needs to change the electronic and electrical architecture to meet the needs of pure electric vehicles.

Let's put it this way, the electrical and electronic architecture has gradually become a core technology of pure electric vehicles. It used to be distributed, but now it has become domain-centralized, and later evolved into a centralized one. At this stage, the Geometry G9 and BYD Qin look similar, and there is not much difference in the driving experience even in pure electric mode, but the reliability of the car is not the same, because BYD has never considered changing the electronic and electrical architecture.

Tesla disclosed the pure electric patent, but did not disclose the follow-up car-making ideas, or it can be said that what is open is the basic core or outdated patents, and it does not involve advanced electronic and electrical architecture, integrated die-casting, automatic driving, etc. patents.

However, China is very determined to promote the development of electric vehicles. Qiancheng Geometry has opened up its patents and started to supply external products after the production capacity of Honeycomb Energy has increased. Arima is also the core supplier of Qiancheng Geometry. What about return?

Qu Li was still apprehensive about big funds, and finally rejected their investment, and switched to leveraged financing for acquisitions, such as borrowing with OmniVision Technology as the collateral, and making money to repay the loan after the acquisition was completed.

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