Chapter 1161 The So-Called Partner

When the BYD Qin, which was priced at 9.98 yuan last year, started the price war for new energy vehicles and hybrid vehicles, Daxia's own-brand car companies began to show their unrivaled technical and competitive advantages.

The completely independent and excellent automotive chips have made BYD's new energy vehicle system jamming almost non-existent, and the price of lithium ore has dropped, allowing Lemon Era to fully supply ternary lithium batteries.

In addition, Daxia's foresight in the new energy track for more than 20 years, special subsidies and tax exemptions have created the power of Daxia's own brands headed by BYD.

In the field of new energy vehicles, Daxia brand has become a high-end and technologically advanced player, while Toyota, Honda and other car companies have become verification codes and IQ cars.

When BYD's President Wang brought a group of senior executives to attend the Jiuzhou Technology Technology Tasting Conference, he was ambitious and sincere, and was thinking about an "equal and mutually beneficial cooperation" with Jiuzhou Technology.

But at this moment, he and BYD's senior executives are thinking about how much they have to pay to compete for the series of technologies that Jiuzhou Technology has brought out.

"In the 1023rd year of the Xia Yin Star Calendar, our company's operating income and net profit both hit new historical highs.

Last year, the company achieved operating income of 654.011 billion yuan, a year-on-year increase of 55.70%; net profit attributable to shareholders of 26.622 billion yuan, a year-on-year increase of 201.56%; net cash flow from operating activities was 220.818 billion yuan, a year-on-year increase of 185.22%.

In the second year of the rapid increase in the penetration rate of the new energy vehicle market, our company did not have difficulties such as chip shortages and rising raw materials, and achieved leapfrog development in the second stage. Last year, we sold 3.5812 million passenger cars, achieving the established expected goals.

The revenue of automobile and battery business was 454.651 billion yuan; the revenue of mobile phone parts and assembly business was 179.36 billion yuan, and the revenue of other businesses was 20 billion yuan.

Since the 1022nd year of Xia Yinxing calendar, our company announced to stop the production and sales of fuel vehicles and focus on new energy vehicles. It has won the global new energy vehicle sales champion for two consecutive years.

Driven by the scale effect and intelligent manufacturing technology, the company's overall gross profit margin reached 24.01% last year, and more than 100,000 engineers and technical staff positions were added.

..."

BYTI's senior management is summarizing the company's current performance and profits.

Different from the perception of ordinary people, BYT is not a miscellaneous brand. It has a strong voice in the supply chain, and even has its own mines and semiconductor supply companies.

The destroyer series and marine animal series of Ocean Network, the Dynasty series of Dynasty Network, the high-end Tengzhong, F brand, Yangwang and other products almost cover all price ranges of new energy vehicles from 50,000 to 1 million, and each price has a top-level product layout.

Of course, the continuous launch of these new series of products is inseparable from BYT's large investment in research and development. In the field where Jiuzhou Technology has no competition in recent years, BYT's continuous R&D investment has increased by more than 112.11%, and the number of R&D personnel alone has increased to 80,000.

BYTI's Wang Chuanfu looked at his company's business layout in Japan, Germany, Australia, Brazil and other countries, and the data that a total of 81,512 new energy passenger vehicles were exported last year. He felt proud and even more "Fuck it!" "A kind of boredom.

The company has mastered the core technologies of new energy vehicles such as batteries, motors, and chips. It has minerals, factories, and technical talents. Its cost control and integration capabilities are the best in the global new energy vehicle field, but it still has to consider whether it should spend a large sum of money to get the technologies of Jiuzhou Technology.

After the financial briefing was over, the conference room fell into a strange silence.

The Japanese car companies are depressed and frustrated, and BYD's senior executives are also speechless. Everyone knows that the company has invested heavily in research and development. It is really not easy to abandon the existing technology and go to Jiuzhou Technology.

After a while, a senior executive sighed and said: "In March, when the financial report was not yet released, we unanimously determined the future development strategy. The company will firmly adhere to the dual strategy of research and development and manufacturing, continue to launch more and more competitive products, further improve delivery capabilities, continue to promote brand building, maintain the leading position in the new energy vehicle industry, and help Daxia's independent brand lead the global new energy vehicle wave.

It is obvious that Jiuzhou Technology Company now intends to devote more resources to research and development, and the landing of research and development and commercial profits are handed over to our cooperative enterprises.

In this way, they can concentrate their efforts on major tasks, and can also speed up the process and achieve multi-level leaps. But I personally do not think highly of this model.

Admittedly, in the early stage, without the burden of manufacturing, Jiuzhou Technology can go light and only do research and development, but over time, research and development will be derailed from manufacturing, derailed from the market, and isolated from users, which will inevitably lead to errors in the direction of research and development.

I personally think that as long as we stabilize the current technological progress and the core technological advantages, once Jiuzhou Technology’s capital chain breaks and enters a dead end, we can fully enter the game and divide Jiuzhou Technology. "

Hmm?

What this executive said directly hit the hearts of many people.

Jiuzhou Technology has never developed and manufactured independent products to enter the automotive field, so when BYD and other car companies look at Jiuzhou Technology, although they admire the other party’s strong technological strength, they have never regarded the other party as the king in the same field.

Although it is not said so, many people think that Jiuzhou Technology is very good in the field of high-tech, but in the field of automobiles, there will definitely be weak projects.

And for Jiuzhou Technology's current production and research model and the unhealthy way of high investment in research and development, everyone knows that this is unsustainable.

Unless Jiuzhou Technology can take over the industry in the fields of aerospace, entertainment, and high-tech manufacturing, Guo Jia and the people, it is impossible to use the existing profits to promote high R&D investment for a long time.

It is possible that if the company now exchanges shares for Jiuzhou Technology to enter the game, it may have the opportunity to enter Jiuzhou Technology in a few years.

After the speech of this senior official, the atmosphere in BYD's conference room was somewhat relieved, but it was still heavy.

After all, Jiuzhou Technology's future capital chain is broken, which is only possible in the future. The current priority is whether to give equity and money, get Jiuzhou Technology's technology, and let the other party take the money and continue to do research and development.

From the perspective of commercial competition, this is to support the enemy.

Although the funding is for the same partner of Guo Jia, the foreseeable commercial competition in the future does exist.

Like Byati and Xia Wei, both have the mentality of a strong man who wants to become big, and a strong man will not always be willing to be inferior to others.