Reborn in 2011, 985 missing from two copies

Chapter 222 Strategic cooperation, bargain hunting BYD!

"The rain keeps falling and the wind keeps blowing. Who can have a drink with me and discuss the world? Thousands of arrows are fired together, and the murderous intent is like numbness..."

Big Wang’s new ringtone last month interrupted Wang Yi’s thoughts.

It was Song Sining who called:

"Boss, you go to BYD to discuss cooperation. I checked BYD's information last night and sent them all to your email. They are in a miserable situation right now, with both Hong Kong and A-shares plummeting!"

"Okay, Sining, well done!" Wang Yi said with joy: "I like your right-hand man, who thinks what the boss wants and worries about what the boss needs!"

"Thank you for the compliment, boss!" Song Sining muttered: "I'm not afraid that someone has too many things on their mind and can't take care of them, so I can only worry more."

Wang Yi smiled: "Thank you for your hard work. I'll give you a credit and I'll add ham to you later!"

"???" Song Sining was confused: "What ham sausage?"

"The serious kind!" Wang Yi emphasized.

"Bah!" Song Sining blushed instantly, thinking of something bad: "It's not serious, please watch it slowly, I...I...I won't pay attention to you!"

Wang Yi provided the opportunity. Next, it all depends on the performance of HM’s rival, Zara’s parent company.

"But, is this the legendary dirty talk between lovers?"

Even more than ten years later, when the global economy is in dire straits, BYD's market value is still above HK$150.

"This guy is getting more and more excessive. Really!"

With the current price of HK$11 billion, it is not a big problem for Wang Yi to invest in BYD.

Wang Yi sat in the car, took out BYD's information and flipped through it one by one.

The current stock price is only about HK$11, with a market value of more than HK$350 billion.

Wang Yi remembers that CATL was established at the end of 2011.

But the current BYD can definitely take a look.

Wu Shuang drove the car and went straight to the airport.

Song Sining looked out the window and couldn't help but think of the books she had read, which mentioned similar words...

But if it's excessive, it can be counterproductive. Therefore, it is best to set up a safe word...

And because of Wang Yi's appearance, there will definitely be a butterfly effect.

"Hmph! Bad guy!"

Wang Yi just collected the corpses.

As for 2012, there may be a wave of lower prices, which can drop to around 10 Hong Kong dollars.

"Haha."

As for the fate of HM?

In order to raise more funds, BYD was listed on the A-share market on June 2011, 6, with an initial stock price of 30 yuan.

Subsequently, the stock price rose all the way to more than 30, with a market value of more than 770 billion.

As for the Ningde era, this time point seems to have not yet been established.

After a short period of silence, BYD's stock price will continue to rise, from ten Hong Kong dollars, all the way to twenty, thirty, eighty, one hundred, two hundred, three hundred...

Wang Yi laughed dumbly. This price was almost the lowest price.

Dirty talk, in some special situations, saying words that are usually forbidden to say can greatly stimulate the interest of both parties... This is called the 'forbidden fruit effect'.

Compared with the peak market value, it is almost cut in half.

Wang Yi opened his mailbox, printed out all the BYD information sent by Song Sining, and then went out.

"Is this dirty talk?"

After all, the price Buffett paid for his stake in BYD in 08 was HK$8 per share, and he spent a total of HK$18 billion.

As for Hong Kong stocks, it is even worse.

After saying that, Song Sining hung up the phone, her fair cheeks turned red, and she cursed:

BYD is the focus of his attention!

Afterwards, Wang Yi and Wu Shuang went straight to the airport together.

But it has little impact.

This time, it is hard to say whether the Ningde era can be as glorious as the previous one.

It was only launched in 2018, and its glory is in 2020.

But by October, BYD's stock price continued to plummet, only about 16 yuan, with a market value of more than 400 billion.

Song Sining became more and more confused as she thought about it, her face turned red, she quickly shook her head and diverted her attention...

Today I am going to BYD to inspect the anti-freeze batteries that are rated at minus ten degrees Celsius!

If possible, Wang Yi wouldn't mind investing.

In 2020, that is nine years later. Wang Yi cannot keep waiting for the Ningde era.

"No wonder I'm not angry!"

"He's only a freshman, and he already knows this?"

No matter how glorious the subsequent Ningde era was, it would be of little significance to Wang Yi now.

Regardless of whether you look at it in the long term or in the short term, you can buy it at the current bottom of 11 Hong Kong dollars.

As for BYD's stock price in October, why is it so low?

Song Sining also found out everything:

The main reason is that BYD's performance and profits are sluggish, seriously lower than expected.

"BYD's 2011 mid-year report shows that the company achieved operating income of 225.45 billion yuan, a year-on-year decrease of 10.77%; and a net profit of 2.75 million yuan, a year-on-year decrease of 88.63%..."

With such performance, it’s no wonder BYD doesn’t collapse.

At the same time, BYD's current liabilities are nearly 300 billion, short-term outstanding liabilities are nearly 250 billion, and current assets are only over 200 billion!

To put it bluntly, there will be a short-term funding gap of nearly 5 billion!

With such performance and such liabilities, even with Buffett as a talisman, investors ran away...

Secondly, if performance is sluggish, layoffs will be necessary.

In August, BYD carried out large-scale layoffs on the grounds of "organizational structure" adjustments.

Front-line sales staff were laid off by 50%, and even public relations, marketing, service and other departments were laid off.

Misfortunes never come singly. In September, the news that the airbags of BYD F3 cars could not be deployed, which even caused the car to crash and killed one person, was reported again by CCTV's "Weekly Quality Report".

As you can imagine, this became the last straw that crushed BYD's stock price.

As a result, BYD's Hong Kong stock price has dropped from more than 09 yuan in 80 to 11 yuan now.

The stock price of A shares has also dropped from more than 16 yuan in July to yuan now.

Both bottomed out.

But this is cheaper for Wang Yi!

The enemy is fearful, but I am greedy!

If you don’t join BYD now, when will you wait?

What's more, Xingyi mobile phones use BYD's mobile phone batteries on a large scale, which can generate a lot of revenue for BYD, which can boost BYD's annual report and performance a lot.

More importantly, the reason for BYD's current failure is unclear to others, but Wang Yi knows it.

It is exactly the diversified development strategy that BYD started last year!

BYD's current main businesses, cars and batteries, already require money to spend on research and development. It can be said that there is a bottomless pit.

They also want to diversify their development into home appliances, solar photovoltaics, computers, and even future cloud rails...

The results can be imagined: diversified development and diversified failure.

Wang Yi was shocked when he saw this information.

In his previous life, he had never heard of BYD home appliances, BYD computers...

There is only one result, everything fails!

As for BYD's photovoltaic business, it has not been profitable in ten years.

The photovoltaic industry in the future will be too complicated.

In other industries, it is still the case that one general succeeds but ten thousand bones wither.

The photovoltaic industry is not doing well, but only corpses are seen, but no gods.

However, even so, BYD's stock has an unlimited future!

At noon, Wang Yi landed in Shenzhen City, and BYD had already arranged for pick-up personnel:

"Hello, Director Wang, our boss has booked a hotel to pick you up."

"Good work."

Wang Yi said calmly, got in the car and went straight to the Intercontinental Hotel.

Arriving at the hotel, BYD shopkeeper Wang stood up and said with great joy: "Hello, Director Wang, welcome to Shenzhen City!"

BYD's current situation can be described as miserable.

Even Warren Buffett, the stock god, can't hold him back.

Now that a big benefactor like Wang Yi is here, he can't get what he wants!

"You're welcome."

Wang Yi smiled slightly, he still admired Shopkeeper Wang for his hard work.

A BYD and a Huawei are both types that engage in research and development in a down-to-earth manner.

Among other things, BYD can achieve 100% independent research and development of electric vehicles.

Broadcom wants to choke on the price increase, but BYD can then launch a self-developed alternative, which scares Broadcom away from raising prices.

With this ability, there are not many in the world.

Compared with those junk companies that only know how to make money by going public, BYD, a down-to-earth and enterprising hard worker, is Wang Yi's investment target.

After some pleasantries, BYD shopkeeper Wang got to the point:

"Dr. Wang, we attach great importance to the antifreeze battery you need. But the time given is too short. At present, we can only provide antifreeze protection at about minus 10 degrees Celsius at low cost. Basically, it is no problem at minus 13 degrees Celsius."

"As for antifreeze at minus 70 degrees Celsius, we can also make it, but the cost is too high. Bulk purchase will cost more than yuan, so it cannot be popularized."

Wang Yi nodded in agreement.

Currently, a 2500 mAh mobile phone battery costs about 40-45 yuan when purchased in bulk.

If you place a one-time order of 38 million, it will not be a problem to get it down to 39- yuan.

But if it reaches 70+, which is almost doubled, the cost will be too high and it will be difficult to promote on a large scale.

Don't look at the fact that a mobile phone only costs 1.5 yuan more. Five million mobile phones will cost million more!

Not a small amount of money.

In fact, many technologies can do it, but the cost is too high and difficult to promote on a large scale.

Only when a low-cost solution is developed can it be commercialized on a large scale.

Wang Yixiao said: "I have great trust in BYD's strength in the battery field. I hope you can make low-cost minus 15-degree antifreeze batteries next year."

"That's no problem, I can guarantee it! We will be able to put it into mass production by the middle of next year at the latest! Of course, the standard is minus 15 degrees Celsius for antifreeze. Considering that the phone heats up, minus 18 degrees Celsius is not a big problem."

Shopkeeper Wang vowed.

Just like the current antifreeze battery at minus 10 degrees Celsius, it will be fine at 13 degrees Celsius, and the phone will heat up by itself.

But when it is turned off, it can only support minus ten degrees Celsius, so it must be anti-freeze at minus ten degrees Celsius!

"It will be mass-produced in the middle of next year and supplied in the second half of the year, which is fine!"

Wang Yi calculated the time, and it would be just in time for the second generation Xingyi mobile phone to be used.

That's right, it's a roll, roll it to death.

This year, iPhone, Samsung, and Xiaomi shut down at minus 5 degrees Celsius, but Wang Yi did not shut down even when the temperature reached minus 10 degrees Celsius.

Next year they will install anti-freeze batteries at minus ten degrees Celsius, and Wang Yi will go straight to minus fifteen degrees Celsius!

Just roll into death!

Shopkeeper Wang was overjoyed. Xingyi Technology's big order was considered stable. It would be even better if they could cooperate for a long time.

He simply said: "Director Wang, how many anti-freeze batteries do you need at minus ten degrees Celsius? I will immediately arrange for a factory for mass production."

BYD's mobile phone battery business has invested a lot in research and development, but its revenue is not much.

No way, there are too many competitors.

There are countless battery suppliers, but those are the big customers.

There are more monks and less meat, which is not enough.

A big customer like Wang Yi, with a starting order of five million, is definitely a big benefactor and a super savior.

If it wins a five-million-dollar order, BYD's profits will increase a lot.

In the first half of this year, BYD's total profit was only 2.75 million.

There is no way. BYD's territory is too big, it develops too many things, invests too much, and produces too little, which is too expensive.

Wang Yi smiled slightly: "In the next year, Xingyi Technology is expected to need 1500 million mobile phone batteries. What price can it give?"

"1500 million!"

Shopkeeper Wang was startled, and then he was happy.

At present, BYD's market share in mobile phone batteries is not high.

Desai and the like are the absolute overlords.

Once these 1500 million units are available, BYD's market share will be greatly increased.

The cost of antifreeze batteries can also be directly reduced to the lowest level!

Batteries are all products of large scale. The higher the sales volume, the lower the cost, the more competitive the market, and the more profitable it is.

To put it bluntly, the battery industry, like the chip industry, is all about scale effects.

Winner takes all!

For example, Qualcomm chips have the highest market share and make a lot of money.

Texas Instruments and Nvidia chips have low sales and low profits. In the end, they can't hold on and have to give up.

"Director Wang, to be honest, the purchase cost of a 2000 mAh ordinary battery is 37-40 yuan. You want 2500 mAh, and if you purchase 1500 million batteries at one time, I can give it to you at least 37 yuan!"

Wang Yi did the math and realized the price was a good deal.

After all, Xiaomi’s 1930 mAh battery costs 37 yuan per unit.

BYD gave Wang Yi a 2500 mAh model, which is also priced at 37 yuan, which is really not expensive.

"But if it's a 2500 mAh anti-freeze battery, the cost is higher. If you want 1500 million units, I can give you 45 yuan. Externally, it costs 50 yuan, and if the quantity is large, it costs 47 yuan."

"45 yuan?" Wang Yi fell into deep thought.

Antifreeze batteries are 20% more expensive than ordinary batteries, but Wang Yi guessed that the cost difference is at most 10%.

However, considering the size, BYD has already sold 2500 mAh as 2000 mAh, so it will be difficult to bargain.

Wang Yi smiled slightly: "Let's put the battery aside for now."

"???" Shopkeeper Wang's expression changed slightly. Could it be that Wang Yi didn't want it because it was too expensive?

He quickly said: "Director Wang, if you think it's not suitable, we can replace it with an ordinary battery and give it to you at 37!" We must not let go of this big order for Xingyi mobile phones.

Wang Yi waved his hand: "The battery matter is not important. Let's talk about BYD."

"What about BYD?"

Shopkeeper Wang was stunned, then became excited and a little unbelievable: "You...you...you want to invest in BYD?"

BYD is in such a miserable state right now.

Continuous blows.

Especially for Hong Kong stocks, the stock price has halved again and again.

At this time, Buffett could hardly sit still, and no one was willing to invest in BYD.

Shopkeeper Wang was almost worried to death.

But Wang Yi actually wants to invest!

Can Shopkeeper Wang not be excited?

Wang Yi smiled slightly: "Shopkeeper Wang, I value your practical style. If the price is right, I don't mind investing in it!"

If you don’t buy BYD at HKD 11, will you buy it again when it rises to HKD 110?

More importantly, batteries are purely high-input, low-output, and place too much emphasis on market size.

Wang Yi has limited energy. He doesn't plan to work on lithium batteries in the short term, so he would just invest directly in a battery giant.

The Ningde era has not yet been established, and it started too slowly to keep up with Wang Yi's current development.

BYD is more suitable.

"Director Wang, BYD has indeed encountered some problems and needs investment. If you are willing, you will definitely provide help in times of need. I will be grateful for the rest of my life!" Shopkeeper Wang said sincerely.

When BYD was brilliant, it was nothing to invest.

But when BYD was at its worst and most difficult, Wang Yi was definitely a great benefactor when he came to invest!

Just like Buffett in 08, investing in BYD caused BYD's stock price to skyrocket.

Now if Wang Yi invests again, BYD can get out of the quagmire!

Wang Yi smiled slightly: "I am more optimistic about the Hong Kong stock market. What price can it give me."

"Hong Kong stocks..." Shopkeeper Wang understood that Wang Yi, like Buffett, was here to buy the bottom.

But this is better.

At present, Hong Kong stocks have dropped from more than 80 Hong Kong dollars to 11 Hong Kong dollars, and still not many people are buying.

It can only be said that the poor performance, terrible liabilities, and car quality problems have caused capital to lose confidence in BYD.

The massive layoffs in August made people feel that BYD was about to go bankrupt and run away...

Under such circumstances, it is strange that some people are optimistic about BYD's future.

Shopkeeper Wang thought for a moment: "Director Wang, if you want 10.5 million shares, I can give you HK$ per share."

Wang Yi waved his hand: "Let's just do it, 10 billion Hong Kong dollars, 1 million shares! Sign the agreement first and pay it off within half a month!"

According to the exchange rate in October 11, 10 Hong Kong dollar is equal to 1 yuan.

10 billion Hong Kong dollars, which is 8.1739 million yuan.

It's better to pay it off within the next half month, which is no pressure for Wang Yi.

There is no need to even use the domestic market. Since the HM plagiarism incident, the international market has exploded.

Coupled with the opening of overseas flagship stores and specialty stores, the daily international profit exceeds 3000 million knives and million yuan.

In four days, you can earn this amount of money!

No pressure at all.

"This..." Shopkeeper Wang was still hesitant.

He was very happy with the investment of HK$10 billion.

But the price of HK$10 per share is a bit low.

Seeing shopkeeper Wang's hesitation, Wang Yi didn't care and continued to throw money: "One billion is not enough, then 20 billion. 20 billion Hong Kong dollars, million shares!"

"This is...good!"

Shopkeeper Wang agreed.

For HK$10 billion, he was still a little hesitant, but for HK$20 billion, he really couldn't hesitate anymore.

Hong Kong stocks fell by HK$11 from the previous level of more than .

If no one invests anymore, BYD's stock price may continue to fall.

Investment institutions' expectations for a decline in BYD's performance did not end until the second half of 2012.

To put it bluntly, BYD's performance has not improved, and the stock price will be difficult in the next year!

Now with Wang Yi's 20 billion investment, BYD's stock price can rise a lot.

Definitely.

More importantly, BYD currently has short-term liabilities of 250 billion and current assets of only about 200 billion.

There is a funding gap of 20 billion. We are so short of money that we urgently need Wang Yi’s billion Hong Kong dollars to fill the gap!

As for BYD's stock price in 2012, will it hit another trough?

Wang Yi doesn't care.

As a reborn person, he knows that BYD's stock price will rise to 25-30 Hong Kong dollars in February and March next year. He can take advantage of the good news to reduce part of his holdings and cash out.

Wait until the subsequent plunge before taking heavy positions to stabilize the stock price.

It's just a capital operation.

Wang Yi will not hold on until he dies like Buffett.

On the contrary, Wang Yi is optimistic about BYD in the long term and bearish on BYD in the medium term. Increase positions at low levels and reduce positions at high levels.

According to the current market performance, after BYD's mid-year financial report is released next year, it may even fall.

Wang Yi remembers that BYD's lowest price will appear in July and August next year, which is also about 10 Hong Kong dollars.

At that time, this news was on the hot search, and the title probably meant, 'BYD's market value plummeted by more than 300 billion again...'

However, after 2013, there are no more BYD shares worth about ten yuan.

Later, you can hold it for a long time and reach the peak.

Wang Yi may not be able to remember the important nodes of other stocks.

But anyone who wants to trade in stocks has studied important nodes like BYD, a bullish stock.

Although Wang Yi in his previous life only studied it for a while and was persuaded to back out by the market...

Shopkeeper Wang picked up the wine glass and said with great excitement: "Dr. Wang, thank you for providing help in times of need. Thank you so much! I respect you for this glass of wine!"

Wang Yi also picked up his wine glass: "You're welcome, I'm just optimistic about BYD, and I think BYD will definitely be able to recover!"

"Dry!"

The two drank it all in one gulp.

Then, Wang Yi changed the topic: "Now that the big things are settled, it's time to talk about the smaller things. Now that I have become a shareholder of BYD, the wealth will not go to outsiders. From now on, the batteries for Xingyi's mobile phones will be sourced from BYD!"

Shopkeeper Wang’s smile became even stronger, this is the benefit of strategic cooperation!

"Dr. Wang, don't worry. Since we are all a family, the price of the antifreeze battery will be given to you at a very low price, even at cost. Don't just 45 yuan, just 40 yuan."

Wang Yi said, Shopkeeper Wang cannot be ignorant:

"Frankly speaking, at this price, the first five million pills are not profitable at all. After five million pills, there is only a small profit. But who said that we are our own family!"

"Haha, it's refreshing, that's it."

Wang Yi beamed with joy: "Sign an order for 1500 million pieces directly. How about the production capacity?"

"Don't worry about the production capacity. We started out by making batteries. With an order of 1500 million units, we can open more production lines and produce 300 million antifreeze batteries a month. The supply will be completed within five months. It will not be a problem."

Wang Yi nodded: "Okay, this is a suitable arrangement. Before November 11th, give me one million first."

"no problem!"

"As for the follow-up, I guess you have to increase the production line!" Wang Yi smiled slightly: "When Xingyi mobile phone becomes popular, bring your antifreeze battery to the fire, and other mobile phone manufacturers will follow suit. Then, you will be there. Earn it.”

"Haha, thank you very much, Mr. Wang." Shopkeeper Wang smiled even more.

Wang Yi is such a noble person!

An investment of HK$20 billion in BYD will not only alleviate its current debt crisis, but also increase the confidence of shareholders and capital, and increase BYD's stock price and market value.

It also brought a large order of 1500 million batteries, as well as tens of millions of orders from other friends.

This is the case in the mobile phone industry. When something becomes popular by one brand, other manufacturers will follow suit.

Wang Yi changed the topic: "As a shareholder of BYD, I also hope that BYD will get better and better, and the stock price will get higher and higher. If anything happens, we can discuss it. However, the antifreeze batteries of minus 15 degrees Celsius must be given priority to supply to Star Yi Technology!”

Shopkeeper Wang nodded quickly: "Don't worry, Mr. Wang, the antifreeze battery at minus 15 degrees Celsius will be exclusive to Xingyi Mobile Phones for the first two months! After two months, the production capacity will be increased and we will supply it to other brands!"

"Okay, happy cooperation!"

Wang Yi was very happy, he likes such upright suppliers.

What is privilege?

This is privilege!

A privilege bought with 20 billion Hong Kong dollars.

Of course, in a few months, this HK$20 billion will grow to HK$50 billion.

Investing in BYD, Wang Yi is not making a random investment!

How about investing more?

Wang Yi fell into deep thought.

At the moment, Meiyou only has a few funds to spend.

First, the cost of mobile phone components will be paid in batches in the next few months. The money for the first two months has already been prepared, so there is no pressure. Later, the sales of mobile phones will make back the money, and there will be no problem.

Second, the money to acquire LTE patents.

The money Meiyou earned in her account was enough.

Third, the cost of research and development of chips and basebands.

In total, it requires 3 billion per year, but the initial cost is only to pay wages and recruit people, which is not much. It was only when the tape-out started later that I started to burn money.

The funds in Wang Yi's hands not only include considerable current cash flow, but also short-selling HM and cashed out 3 billion.

Of these three billion, based on the current stock price of HM, Wang Yi only needs to pay 20 billion.

If Zara's parent company is strong enough to make HM's stock price continue to plummet, then it will only need to pay one billion.

Equivalent to a wave of short selling, Wang Yi made a net profit of 20 billion.

Coupled with the money that Meiyou will make in the next half month, even if it invests another 20 billion in BYD, it will be no problem.

Is it a good deal to use the money from shorting HM to buy BYD at the bottom?

"Wang Dong, Wang Dong..."

Seeing Wang Yi deep in thought, Shopkeeper Wang couldn't help but said.

Wang Yi smiled: "Is BYD's funds very tight now?"

'What do you mean? Want to invest more? Shopkeeper Wang's eyes were filled with laughter:

"Yes, we are short of money. We are so short of money. BYD is investing in and building factories everywhere and is very short of money. Director Wang, do you want to invest more?"

Wang Yi nodded: "Yes, at the price of 15 Hong Kong dollars per share, I will add another billion Hong Kong dollars, but the money will be received within a month!"

The first tranche of HKD 20 billion was completed within half a month, no pressure.

The second tranche of 15 billion Hong Kong dollars was completed within a month, and there was no pressure.

Meiyou’s current revenue is enough to support it.

What's more, there is still 30 billion shorting HM!

"Okay, no problem! No problem at all!"

Shopkeeper Wang was so excited that he immediately walked over and held Wang Yi's hand:

"Director Wang, you are truly my noble man, thank you, thank you so much!"

Wang Yi smiled: "I'm serious. Frankly speaking, I am also short of money at the moment, but I still want to help you tide over the crisis first! Our Xingyi Technology will not expand for the time being."

"Thank you, thank you." Shopkeeper Wang was grateful.

At this time, everyone feels that BYD is doomed.

Wang Yi will make additional investment, buying 35 billion shares!

What a noble person, sponsor!

Even better than Buffett.

Soon, the lawyers drafted the investment agreement. After the lawyers of both parties confirmed that it was correct, the contract was officially signed.

At this point, Wang Yi became one of BYD’s major shareholders.

He holds more shares than Buffett.

There is no need to hesitate in this kind of stable and profitable business.

Later, Wang Yi looked at Shopkeeper Wang: "Don't worry, although I have become BYD's major shareholder, I will not interfere too much in BYD's current decisions."

"Thank you." Shopkeeper Wang was sincerely grateful.

Wang Yi, on the other hand, couldn't help but laugh. He should just follow BYD's development.

After a few months, in a favorable situation, part of the holdings will be reduced at a high level, which will not cause too much fluctuation.

If BYD's stock price reaches the bottom next year, add another position and buy it back!

There is no way, Wang Yi invested 35 billion, but it will not stop the plummeting next year.

Force majeure factors are too severe, such as Buffett's cancer, the May 5.26 incident, etc., continuous losses, and performance is not outstanding...

It’s better to take advantage of the good news in March and reduce some of the holdings at high levels to cash out. BYD's stock price collapsed in June, and Wang Yi's strong increase in positions can actually stabilize the stock price!

Sell ​​and buy once, and it’s not a problem to make billions.

When the time comes, Shopkeeper Wang will probably beg Wang Yi to participate in the decision-making.

At present, Wang Yi, as one of the major shareholders of BYD, rushes to participate in decision-making. It is meaningless, and maybe shopkeeper Wang will find it annoying.

When BYD takes a detour and its stock price plummets in the middle of next year, and it feels completely painful, it will beg Wang Yi to participate in decision-making.

For example, BYD is currently making home appliances and computers...

Wang Yi said, don't do it, you will suffer heavy losses and will definitely fail. Will shopkeeper Wang listen?

will not!

Wait until the stock price plummets next year before you listen!

There are some southern walls that you will never know how to deal with until you hit them.

The long-term cooperation with BYD is of great benefit.

For example, if the follow-up Xingyi mobile phone is sold out, and the production capacity of its own factory is not enough, it can be made by BYD.

(End of this chapter)