Galaxy Technology Empire

Chapter 29 The Beginning of the Overlord

July 31st.

With the fall of Daniel, the electric vehicle industry has been completely controlled by the Thor system.

At the beginning of 2016, there were more than 400 active electric vehicle companies across the country.

However, by July, the number plummeted to 3,000 feet.

According to statistics from professional websites, there are currently less than 80 active electric vehicle companies in China, and the number will further shrink.

It is estimated that in the end only the Yadi series (Yadi, Xinlei, Xingri, Green Energy), the Aima series (Aima, Lima, Bidwen, Xiaodao), and the Tailing series (Tailing, Xingdazhou, Kaiqi) will be left. , Yoshimatsu), and the thunder god who grows a forest of trees.

Of course, there are still some electric vehicles that may be half-dead but continue to exist, such as the Yangcheng Wuyang electric vehicle. It is difficult for these to go bankrupt while their parent company exists.

The Thor series sold 10.52 million electric vehicles from January to July 2016 alone.

From January to July 2016, a total of 11.7 million electric vehicles were sold nationwide.

Minus Daniel’s more than 600,000 vehicles.

In other words, from January to July this year, except for Thor and Daniu, other electric vehicle companies across the country sold more than 500,000 electric vehicles.

Three to four hundred companies sell more than 500,000 electric vehicles. On average, one company sells more than 1,400 vehicles. This sales volume is not enough for labor costs and production line depreciation.

Of course, it is not ruled out that some companies may not even sell one vehicle, while some may sell tens of thousands of vehicles.

But even if it sells tens of thousands of vehicles, unless it takes the high-end route, the sales volume will undoubtedly be low.

Unless there is a big investor or parent company to rely on, miscellaneous factors such as production line depreciation and labor costs can bring an enterprise to its knees.

In other words, starting from July, the era of the Thunder God system has arrived.

Among the 10.52 million electric vehicles sold by the Thor series, excluding those that do not use Thor batteries, there are still 8.76 million vehicles that use Thor batteries.

Among them, the sales volume of the Yadi series was the largest, reaching 4.16 million units, contributing 1.1456 billion yuan in profits to Raytheon Battery Company.

In addition, because Galaxy Technology Center holds 30% of Yadi's shares, it has brought another 1.23 billion yuan in revenue to Galaxy Technology Center.

The Aima series ranked second in sales volume, with sales reaching 2.03 million units, contributing 534.8 million yuan in profits to Raytheon Battery Company.

As for the shareholding of Ai Ma by Orion Financial Investment Company, it will not be counted among Huang Haojie's apparent assets.

The Tai Zero series ranks third in sales volume, with sales volume of 1.37 million units, contributing 866.1 million yuan in profits to Raytheon Battery Company.

Why is it that the sales volume of the Tai Zero series is so much lower than that of the Aima series, but the profit it brings to Raytheon Battery Company is more than 300 million higher than that of the Aima?

This is mainly because the wholesale price of batteries given by Raytheon Battery Company is different. The Yadi and Aima series are 50 Chinese yuan per kilogram, while the Taizero series is 80 Chinese yuan per kilogram.

Equivalent to selling to Yadi series and Aima series, Raytheon Battery Company earns 23 yuan per kilogram. When sold to the Tai Zero series, Raytheon Battery Company earns 53 Chinese yuan per kilogram.

In order to facilitate financial management, Raytheon Electric Vehicle Company still has to pay Raytheon Battery Company 23 Chinese yuan per kilogram for using Raytheon batteries.

After all, it is very necessary for brothers to settle accounts clearly to avoid confusion in financial management in the future.

As of July 31, a total of 1.24 million Thor electric vehicles had been sold, contributing 312.7 million yuan in profits to Raytheon Battery Company.

Therefore, the biggest winner is definitely Raytheon Battery Company, which earned a total of 2.8592 billion yuan in profits from the electric vehicle industry.

Including Huawei's purchase of 2,100 tons of battery cells, the profit per ton of battery cells is 126,000 yuan, making a total profit of 264.6 million yuan.

As of July 31, the total profit of Raytheon Battery Company was 3.1238 billion yuan; the total profit of Raytheon Electric Vehicle Company was 1.3719 billion yuan.

Therefore, the profits gained by Galaxy Technology Center are: 2.7 billion Chinese yuan from Raytheon Battery Company, 1.1 billion Chinese yuan from Raytheon Electric Vehicle Company, and 1.23 billion Chinese yuan from Yadi Company, for a total of 5.03 billion Chinese yuan.

Of course, the income is huge, and the expenses are equally generous.

Raytheon Battery Company spent 470 million yuan, mainly on the construction of production lines, labor costs, and factory renovation and decoration costs.

Raytheon Electric Vehicle Company spent 260 million yuan, also on production lines, labor costs, and factory renovation and decoration costs.

The Paper Motor Company spent 280 million yuan, mainly on scientific research funds, factory construction and decoration costs, production line construction, and related equipment procurement costs.

There is another big head, and that is the newly established Thor Comprehensive Service Company. This company is mainly responsible for Thor electric vehicle direct-operated stores and charging stations.

They spent 840 million yuan on building charging stations alone, and together with other miscellaneous expenses, a total of 970 million yuan was spent.

Finally, there is corporate income tax of 825 million yuan.

In other words, as of July 31, Galaxy companies had spent a total of 2.8 billion yuan.

Of the remaining profits, Huang Junjie did not ask them to turn them all over to the Galaxy Technology Center's account. Only 300 million yuan in profits were turned over to the Galaxy Technology Center's account.

Because of this 300 million yuan, a 35% personal income tax will be deducted, which is a personal income tax of 105 million yuan.

The remaining 195 million yuan is Huang Junjie's personal income, which can be used.

The tax department of Shanmei City is the real big winner. Among Galaxy Enterprises alone, it has received nearly 1 billion Chinese dollars in tax revenue, as well as other indirect taxes.

They expect to receive about 2 billion in tax revenue from galactic companies this year.

Last year, their tax revenue was only about 6 billion yuan, and the regional gross national product (GDP) was about 84 billion yuan.

It ranks last among the cities in Lingnan Province, not to mention compared with the two first-tier cities of Pengcheng and Yangcheng. Even compared with Huicheng City next door, it is one day at a time.

However, they can breathe a sigh of relief this year, because Galaxy Enterprises will not only bring about 2 billion Chinese dollars in tax revenue to the Shantou-Mei region, but will also bring more than 18 to 20 billion Chinese dollars in GDP growth.

It is estimated that Galaxy enterprises will contribute about 25% of Shanmei City's tax revenue and about 20% of its GDP in 2016.

Looking at the rising tax revenue and GDP, the officials in charge of Shanmei have made repeated orders to keep the Galaxy Enterprises. Anyone who dares to mess around in the various bureaus will definitely not want to mess around.

Especially after Thor Battery Company obtained military qualifications, those local officials became more cautious.

Not only did they provide a lot of preferential policies to Galaxy companies, they also took the initiative to ask for help.

If you want land, give land, and if you want people, if Huang Junjie didn't want to ask for a bank loan, it is estimated that a loan of more than one billion yuan from the bank would not be a problem.

In fact, the bank was eager for Huang Junjie to lend them money, but unfortunately they encountered the well-funded Galaxy and could only stare blankly.

Similarly, Galaxy companies also have a large number of employees in Shantou and Meizhou. Leishen Electric Vehicle Company has more than 1,400 employees.

Raytheon Battery Company has more than 1,200 employees.

The employees of Raytheon Integrated Services Company are mainly located in direct-operated stores and charging stations scattered throughout the country, and currently have more than 2,100 employees.

It wasn't long after the establishment of Pengpai Motor Company that there were only about fifty people.

Galaxy Technology Center, more than 180 people.

Galaxy Enterprises currently has a total of more than 5,000 employees.

A hegemon has quietly emerged in Shanmei, Lingnan. Dominating the electric vehicle industry is just the first step for Huang Haojie.

History tells us that you cannot walk far on one leg. Only diversified operations can resist risks. A single business often means poor risk resistance.

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