I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 263 Chapter 085-086: New actions of Hillhouse vehicles! (Two chapters in total)

After Gao Huaijun visited Tang Lu, he officially started the IPO work of Hillhouse Technology after the shell was stripped!

To this end, Gao Huaijun also specially hired Ms. Wang Fang as the financial person in charge of Hillhouse Group to lead the work of the financial sector of each line of Hillhouse Group.

She used to be the former project manager and audit senior manager of Ernst & Young Hua Ming (E&Y). She is a practicing certified public accountant. She was mainly responsible for IPO-related audit review work in E&Y.

The core purpose of Gao Huaijun hiring her is to completely separate Hillhouse Technology from the affairs of various channels, and at the same time, to clean up the money used in various ways, especially the gray money used in 08. .

Within Hillhouse Technology, when they heard Gao Huaijun announcing the news, they couldn't help but feel excited!
You must know that in addition to the virtual equity rewards of the labor union, some middle and high-level employees within Hillhouse also have a small amount of option rewards, totaling no more than 5%. These people are the legendary Xiao Fei.

If these options cannot be listed, they cannot actually be transferred directly. At the same time, if they leave the company, the corresponding stocks will be withdrawn.

They have been waiting for eight years now. Hillhouse Technology has met the conditions for listing a few years ago but has yet to go public. This makes them feel a little desperate.

Now we finally see the dawn of the big pie being fulfilled.

"By the way, how much equity did Lao Min and the others give me? When I opened it, the management looked very happy."

"Let's put it this way, the original stock that many of them owned made them multi-millionaires, easily."

"Damn it! Niu Hide! It's too late to enter the company!"

"Indeed, if I had entered the company a few years earlier, I would probably have been able to get the lowest level of original stock."

"Haha, it's not that simple. Guess why less than 5% of the employees from five years ago are retained now. Do they really not want to stay?"

"My monthly salary is only about 1 yuan, and I am so excited to hear you talk about the company's listing. This seems a bit inappropriate."

"Yes, Prince General Xiang Ning has the guts. Once you get used to it, the company will have many opportunities in the future."

While everyone at Hillhouse Technology was talking about it, Hillhouse Vehicles and other BUs also cast envious glances, but that was just envy.

However, Hillhouse Vehicle BG is still struggling at the break-even point, so it is impossible for Gao Huaijun to force the listing now.

As for Hillhouse chips and Hillhouse batteries, they are obviously auxiliary systems. It is basically impossible to go public. And Gao Huaijun will not let these two go public. He will only support these two companies through internal transactions until this day. These two companies amaze the world!

Not to mention Hillhouse Artificial Intelligence, this company is currently in a state of huge losses. Although the office in Silicon Valley only has about 100 people, the salary is in beautiful dollars, and the Magic City R&D Center has just been established. It will take a certain amount of time to produce relevant results, so the annual loss in this part is measured in tens of millions.

Although the remaining Hillhouse derivatives are the smallest, under Lin Yunshen's management, they are the most promising to be listed!

What Hillhouse Derivatives does now is a series of processes including research and development - OEM - OEM production.

Hillhouse has accumulated 8 years of R&D strength. Even the smallest Hillhouse derivatives can be said to be a dimensionality reduction blow compared to those small factories.

Hillhouse derivatives are now available on Taobao, Jingdong, its own online mall and Hillhouse offline channels: smart lights, smart fans, electric toothbrushes, fascia guns, weight scales, hair dryers, body fat machines, Gadgets with good looks and low R&D costs, such as smart treadmills and mobile phone washers, became very popular as soon as they were launched!

Things like electric toothbrushes, body fat scales that combine body weight, and fascia guns have become very popular as soon as they were launched!
It’s good-looking, compact, and practical.

In addition, the total price of these gadgets is relatively low, and they also use the channels of Hillhouse Technology, so the profits can be considerable.

Most profits are above 20%, and a few can even reach 50%!

It has been 8 years since development. Oh no, there are actually a lot of fans of Hillhouse’s Leeks. Every time it is launched, a unified and targeted text message will be sent to Hillhouse’s tens of millions of mobile phone users. Basically, they all have more or less Purchased some derivatives.

All this money will fall into Hillhouse's bag. Now, although Hillhouse's derivatives BU has sales of only more than 4 million a year, its profits have reached more than 1 million!

This can be described as stunning!

With such achievements, it is easy to go public directly.

However, Gao Huaijun does not want Hillhouse derivatives to be listed before Hillhouse Technology, but hopes to seek the next step after Hillhouse Technology is listed.

However, the dawn of this company has appeared!
Just when everyone was excited, Gao Huaijun appeared in the headquarters building of Hillhouse Vehicles.

It takes a long time to prepare for listing, and it cannot be done all at once.

Start by looking for reliable intermediaries (investment banks, law firms, etc.).

Go to the intermediary agency to conduct thorough investigation, determine the issues that need to be regulated, formulate a listing plan, and determine the base date for share reform and the base date for declaration "T-day".

After the accountant completes the on-site audit work, other intermediaries conduct verification, and each intermediary completes the first draft of the materials.

And the securities firm completes the inquiry meeting and core meeting process.

In the end, the China Securities Regulatory Commission agreed to register for issuance, including price inquiry, road show, and issuance.

The longest one is 36 months or even longer, and the short one is at least 8 months. It is not a job that can be completed in a day or two.

If there is something wrong with the bill that is difficult to detect, then
Everyone knows the importance of Hillhouse vehicles to Hillhouse.

As this Hillhouse core cash flow product continues to develop, it can be said that it is precisely because of this company that it has shouldered China's development expectations for new energy vehicles.

If China continues to develop fuel vehicles, it can definitely be said to be very difficult, but for such a huge industry to suddenly change its thinking, it will definitely require a big opportunity, and now, with the emergence of Hillhouse Vehicles, I took on such an opportunity!
It can be said that this is indeed an opportunity for China's automobile industry to break the shackles and rebirth.

Gao Huaijun actually knew very well in his heart that this was the approval of this BG from above.

So he was also very stressed!
If Hillhouse Vehicles cannot become one of the few large automobile companies in China within a few years, then the route it takes and the support it needs will most likely directly become a heavy pressure on the Hillhouse Group!
Therefore, Gao Huaijun was under great pressure.

【Chapter 86】

"Boss, now Qin and Han, these two models have completed minor facelifts. These modifications are based on the maintenance data sent by urban maintenance centers in several big cities and analyzed some common problems that reduce the experience. At the same time, we try to increase the user experience as much as possible in terms of comfort." After finishing some regular content, Wang Fengying finally introduced some recent content to Gao Huaijun. Gao Huaijun nodded with satisfaction after hearing this.

Closely linking with offline, iterating products through maintenance centers and test ride centers instead of online questionnaires is Gao Huaijun's new requirement for Hillhouse vehicles.

The core point is that Gao Huaijun discovered that things like questionnaires can have a negative incentive effect.

This is actually the same as miHoYo’s game questionnaire.

Most consumers conform to the spiral of silence theory in communication science.

The theory basically describes this phenomenon: when people express their thoughts and opinions, if they see that the opinions they agree with are widely welcomed, they will actively participate in them, and such opinions will be published and spread more boldly; No one or few people pay attention to a point of view (sometimes there will be a group attack), even if you agree with it, you will remain silent.

So, for example, in the gaming industry, most of the people who give opinions are basically experienced and experienced players.

Their request is basically to make it more difficult, make it more difficult, make it more difficult!
Appropriate difficulty is OK, but ordinary people play Genshin Impact or other games just to relax and have a little sense of reward. Who likes such a high difficulty?

No matter how much you learn, you will never give up; if you play again and again, you won’t understand.

Only long-time experienced players will find satisfaction in difficult games.

But ordinary people have long given up the fun of the game when the difficulty level is too high.

Therefore, this negative incentive mechanism is suitable for various major industries.

Another example is a certain online article. In fact, most people who like this book are silent people. They will keep reading. Only a small number of people who don't like this book or like another style will read it. There are all kinds of nitpicks in the book.

This is why some authors with poor psychological quality break their defenses.

It’s the negative incentive mechanism at work again!

Therefore, in order to avoid such a situation, Gao Huaijun hopes to hear the voices of the silent ones, starting from the terminal, and asking his internal employees to collect these opinions.

Seeing Gao Huaijun's satisfied expression, Wang Fengying said while the iron was hot, "Mr. Gao, now our company has released B-class cars and main models such as SUVs, but there are still certain problems in the research and development of core products. We Should we expand further on the SUV track and make more types of SUVs? Or should we open a new track and make a new car?"

When she finished speaking, everyone looked at Gao Huaijun!
In the second half of 2011, most of Hillhouse Vehicle's basic work was on minor facelifts and micro-innovations.

As for the new model in the first half of the year, it was still well-received but not popular. Such a sports car model!
If it were in other companies, such a R&D rhythm would not be a particularly big problem.

Many companies are resting on their laurels, one after another, until they can no longer afford it, and then try to find a way to make a major change.

For example, the Corolla model is said to be passed down through three generations. The reason is not only that it is sturdy, but also that it is simple to develop!
MD, for decades, the appearance, interior, and three major parts of the car are exactly the same. There is simply no difference.

Isn’t this simply treating customers as idiots?

It’s a product like this. It has been the top seller of A-class cars in China for more than ten consecutive years. It’s really a slap in the face!
However, Hillhouse Vehicles is not such a company.

There is a new model every year, and within a few years, four major models including Xia, Han, Qin, and Ming have been assembled. It is simply taking the involution to the extreme!

From the lowest hatchback to the most high-end sports car, Hillhouse now has it all.

Now we are waiting for the day when product sales explode.

Now, Wang Fengying, the person in charge of Hillhouse Vehicles, heard the news that Hillhouse Technology was going to be listed, and she was naturally jealous.

Who doesn’t want to become a billionaire?

Who doesn’t want to work for a large, super gorgeous car company?
That's why she is now actively suggesting to Gao Huaijun to buy a new model!
Only the explosion of new models can drive the rise of old models. Otherwise, it can only be a slow process, and sales will slowly increase after the brand settles down.

"That's right! I came here today with this intention. I think Hillhouse's vehicles need to speed up and launch a new car!" Gao Huaijun nodded and said with a smile.

Hearing Gao Huaijun's affirmative answer, everyone felt excited.

Gao Huaijun's god-like product ideas are about to start again, but what kind of new models will it bring this time?

Because the last time it was a tunable car like 'Ming', so this time it will definitely not be a tunable car, it will be a volume car!

But which route does Gao Huaijun want to take?

It is an A-class car, entering the A-class car market of Corolla and Sylphy, as well as Bora, Cruze and many other famous car companies.

Or should the Qin be reduced or enlarged to make a seven-seater or a compact five-seater?
A product of great significance must give users more choices. An A-class car has the advantages and disadvantages of an A-class car. A seven-seater car or a compact five-seater SUV also has its own strengths and weaknesses. The two should be balanced appropriately. Okay, clear the order of priority so that they can complement each other.

"I'm going to make an A-level car!" Gao Huaijun answered directly without being careless this time.

Before making Ming, he had considered making A-class cars. After all, Hillhouse Vehicles' cash flow pressure was particularly high.

But at that time, making an A-class car would not generate much sales, and the accumulated sales potential would not be too strong.

So he restrained the idea.

And now that 'Ming' has become a great success, many technologies can be deployed like nova and mate5.

So the launch of A-class cars now is a matter of course.

Before many executives came to their senses, Gao Huaijun continued, "This A-class car is different from ordinary A-class cars! I hope to come up with new tricks and new gameplay!"

As he spoke, he asked the staff on the side to slowly turn on the projector. . . .

(End of this chapter)