Chapter 298 2 Head Blockage

Chapter 298: Blocked at Both Ends

It seems that the old factory director has settled down with Yu Xing again.

Xu Xin called Pang Ruiyang, whom she had invited, twice, but the other party hung up the phone after just a few words. Because of her last communication with Yu Xing, she didn't want to ask the other party, so after thinking it over, she invited Pang Ruiyang to her home for a simple meal.

Li Song saw his wife's annoyance and gave her a little advice: "It would be great if you could just ask Yu Xing on WeChat."

Xu Xin simply rolled his eyes in response to such a suggestion.

I blocked you on WeChat before!
Then, considering that the WeChat company had been sold and Bai Xiaosheng was about to go public, and there was good interaction between the two sides, she added the WeChat friend again.

result……

Damn, I didn’t pass!

When Xu Xin uses WeChat now, she often thinks of this incident for no reason, which makes her feel bad. In the end, she simply increases her use of Micro Chat. After all, the functions of both sides are the same.

Moreover, the in-depth cooperation between Penguin and JD.com is actually a good catalyst for the latter's development.

Today Capital has invested heavily in JD.com, so Xu Xin naturally doesn’t mind using more Penguin products.

On the evening of May 5, Pang Ruiyang arrived at Xu Xin's home.

Although it is called a simple meal, the table is actually decorated with many beautiful things.

Xu Xin was chatting politely about family matters and couldn't help mentioning the old factory director's past achievements. When she talked about the past, she naturally talked about the current situation of the automobile industry. Then, she found that Pang Ruiyang began to talk incessantly about Yu Xing and trams.

Let's talk about Yu Xing's understanding of the policy, the three new things Yu Xing talked about, and Yu Xing's communication with Musk and Wang Chuanfu...

Xu Xin couldn't help laughing as she listened, and interrupted, "Uncle Pang, what's going on? A few days ago you were full of criticism on the phone, why are you talking about Yu Xing all the time today?"

"Has it always been?" Pang Ruiyang asked back, and then said nonchalantly, "The previous criticism was a bit arbitrary. I think Yu Xing is a very down-to-earth person. He is seriously exploring the situation of suppliers and understanding technical issues. Although he is young, he is not as frivolous as I thought."

Xu Xin smiled and said, "Really? I saw him arrest a liar yesterday. I don't know what he was doing."

She was shocked when she saw a post on the Bai Xiaosheng forum last night. The title was "Dr. Yu captured Mr. Ma alive." At first glance, she thought he had a conflict with Pony.

If it was someone else it would be fine, but when such an outrageous title was applied to Yu Xing, it gave me the illusion that it could really happen. When I clicked on it, I found that it was indeed Mr. Ma, but unfortunately it was an unknown Mr. Ma.

Pang Ruiyang said, "I was there at the time. It had nothing to do with Yu Xing. It was that person who came to us and was exposed by Yu Xing. It should be that Yu Xing's team had some contact with him when they were investigating the domestic supply chain. Then, the other party felt guilty."

He briefly described the situation.

Xu Xin listened thoughtfully to Uncle Pang's retelling of what happened at the scene.

"I later asked Yu Xing how he knew about the technology. He said he had different technical teams behind him to support him. You will know after seeing it more." Pang Ruiyang sighed, "I took a copy of the battery technology materials when I left yesterday. The questions asked to Mr. Ma were indeed quite basic."

He spent a long time reading the materials from Yu Xing's team yesterday. He learned about the cooperation between Panasonic and Tesla, the differences between ternary lithium and lithium iron phosphate, and that the names of car batteries are generally based on the positive electrode materials or core elements.

"Yu Xing said that he was building the car honestly, but that car was not building the car honestly, and the fancy frame would shake when touched."

Pang Ruiyang became happier as he spoke: "I've seen the work done by his team. They are really well organized. They have roughly reviewed the domestic supply chain and found out which ones can cooperate and which ones cannot. For those that cannot cooperate, are there any overseas partners they can look for? For those that cannot be found overseas, can they help invest in catalytic research and development..."

"He looks dishonest, but what he does is really to build cars."

When Xu Xin heard this, he felt that the four words "build cars honestly" had great value.

She pondered and said, "When Yu Xing first talked about this project, he told us four words, 'build cars honestly'. So, Uncle Pang, do you think his project can be successful?"

"I don't know if it can be done." Pang Ruiyang said his changed opinion, "But if it is finally done, I shouldn't be too surprised. However, Yuxing's project also has many problems now."

He took a sip of wine and frowned, "Even if electric cars are feasible, his positioning for electric cars is too high. Once the positioning is high, it requires that all aspects must be similar in order to compete. For example, the battery issue, Panasonic is cooperating with Tesla, and they have a deep relationship. In addition, Tesla's US market is larger and the supply chain is more mature. If electric cars sell well, Panasonic will definitely give priority to Tesla's production capacity. There is no substitute in this field in China."

"Also, there are many weak spots in the domestic supply chain. He sold an Internet company, right? The money is not enough to just make electric cars. He also needs to invest in research and development, which adds even more pressure."

"This comprehensive approach is also taking on comprehensive pressure!"

Xu Xin looked at Pang Ruiyang, who was already worried about Yu Xing, and felt a little amused and helpless. She explained, "He wants to invest in technology companies, but he won't invest all of them. This is unrealistic. What's more realistic is that he wants to attract social capital. After all, the potential value of the automobile industry is very high, and he wants to achieve a leverage effect."

When it comes to investing, that's her forte.

Xu Xin continued, thinking, "This tram project also needs to attract capital. However, he needs to invest a lot to get it started. Otherwise, no one will dare to come in."

Pang Ruiyang thought for a while and nodded, "He mentioned this in the meeting last night, saying that he still has 6930 million US dollars deposited in Capital Today."

Although he is old, he still has a good memory and can accurately state the numbers he heard at the meeting last night.

When Xu Xin heard this number, he wanted to slam his chopsticks on the table. He endured it for a few seconds before saying with a fake smile: "Oh? He actually listed Capital Today first."

6930 million!
This number is so familiar!

This is the money that Today Capital received from selling its shares in WeChat!

So Yu Xing is already thinking about it?

You earn money there and spend it there, but you still have to pay the tax difference? !

Pang Ruiyang saw that Xu Xin's expression was a little strange, and quickly said: "He was just talking to give the team confidence. Not only Capital Today, but also IDG was mentioned to be optimistic about the project, including Red Falcon."

Seeing that Xu Xin's expression had eased a little, he changed the subject: "Yu Xing talked a lot about the positioning of electric vehicles yesterday. He believed that the first half was electrification, and the second half was intelligence."

Xu Xin confirmed: "Yes, he and Musk had a written communication, and that's what he said that time."

Pang Ruiyang's expression became a little confused: "After the meeting, I asked him what intelligence is and how to deal with it. He became a little jumpy and said that he wanted to cross the river by feeling Baidu, saying that Baidu would learn from Google to do research and development of intelligent driving, and then recruit people from there. Now the focus is on electrification."

Google launched a research project on intelligent driving in 09, and Baidu has already shown interest in imitating it.

Xu Xin didn't expect to hear the name "Baidu" all of a sudden. She was stunned: "How can I cross the river by feeling my way with Baidu?"

"I asked him the same question." Pang Ruiyang frowned in confusion, "He said that Baidu is not doing well in business other than search because Baidu's search is too profitable." When Xu Xin heard this concise reason, his heart seemed to be suddenly enlightened, and all kinds of thoughts turned into his mind in an instant, and then he slowly suppressed them.

After a moment, she only said: "Yu Xing has a strategic vision, which has been verified."

"Hey, I suddenly feel old these two days. I really have to admit that I'm old. How come so many new things pop up all of a sudden!" Pang Ruiyang talked for a long time, and then took a sip of wine and sighed, "Sometimes I really can't keep up with the ideas of young people. Today I called Yu Xing and he said that I had a high latency in the old version. Now I understand what he meant."

Xu Xin almost laughed out loud. Yu's mouth...

She said seriously: "Uncle Pang, you understand now that the delay is indeed high."

Pang Ruiyang shook his head in self-mockery, but his expression soon became a little hopeful and excited: "Can the automotive industry really come up with something new? Tsk, I don't know if it will succeed, but the new thing looks interesting."

Xu Xin no longer wanted to comment. It was obvious that Uncle Pang was going to be abducted to the mountain.

However, judging from the way he interacted with Yu Xing, he might not be able to sit in the front seat.

……

Mr. Ma was taken to the police station, and this incident caused quite a stir.

There were so many people who witnessed the scene, and some who were excited to participate in the control, so naturally they quickly shared it on their own forums.

Most people's first reaction was indeed the Pony horse, and then they realized that it was a scam related to electric car batteries, which made people only interested in the behind-the-scenes footage of Dr. Yu's battle of wits with the scammer.

The next evening, Yu Xing learned more details of the incident from his jurisdiction.

While having dinner with Xiaoying, he shared the information revealed by the police officer: "This Ma guy is really weird. I didn't do anything to him, but he rushed to slander me and wanted to get involved in the conspiracy to prove or fabricate that I received PR fees. The money was in my bag."

Liu Wanying smiled and said, "Is this useful?"

Yu Xing's tone became more serious: "He also knows that Bai Xiaosheng is going to go public."

Liu Wanying frowned: "It's a critical time. Tsk, do you need to install a camera in your office?"

Then she added, "It's just that he's not very familiar with the technology. Next time he can weave a carefully crafted scam and come to you to compete with you to see how sharp your scalpel is."

"He definitely doesn't have the time. Electric vehicles aren't an area of ​​interest to the general public right now, and electric vehicle batteries are even less popular." Yu Xing put down his phone. "He's a Ponzi schemer. His main focus is on studying how to return profits, how to classify, and how to make up for the deficit. Just knowing a few technical words is enough."

Liu Wanying thought for a moment and said, "If he knew technology, how would you have talked to him yesterday?"

"It's fine to talk about anything. I won't suffer any loss, but it's easy to feel guilty about this kind of thing." Yu Xing laughed when he said this. "Don't talk about him. I was worried at the time that he was going to cross the mountain. If he has something to hide, everyone will feel guilty."

Liu Wanying was silent for a moment, then said, "This is a fake Ma. If he really reveals his true identity when he passes the mountain peak, the one rushing over will be the real Ma."

Yu Xing smiled and said, "Which Mr. Ma?"

“I’m afraid both of them have to come.” Liu Wanying shook her head. “Guo Shanfeng disclosed the transfer of control of Alipay. Although Penguin didn’t appear in the incident, WeChat’s stock price plummeted after the sale. Once people knew about Guo Shanfeng, they would definitely watch them together.”

Yu Xing pondered the possibility of "double horses knocking on the door" for a few seconds, and said calmly: "No matter what they say, it's not my fault. The young are more powerful than the strong. It's no problem to fight one against two."

But he added: “Well, next time when we screen out companies with problems, we can try to change the name.”

Liu Wanying nodded slightly: "I don't know if there are any targets for fraud in the automotive field. I have been looking at all kinds of messy projects in the mobile Internet for a while, and I am dazzled."

Yu Xing thought about a few names and said, "Don't worry, don't worry. The more I get to know this industry, the more I can tell that something is wrong."

Liu Wanying smiled and said, "That makes sense. If you go a little deeper, small scammers will jump out. When you are able to build a car, you will definitely go deep into counterfeiting and scare off a group of big scammers."

Yu Xing said calmly: "Wait and see. I will first save up the expected funds. Once Bai Xiaosheng goes public, I will call IDG, Capital Today and other institutions to hold a meeting and share the money."

Liu Wanying asked: "What are their current intentions?"

"Just wait and see. I'm sure they want to spend a little money to try it out." Yu Xing said with a smile, "I've already thought about it. When the time comes, we'll block both ends. We'll bring the organization to meet the supplier, and we'll bring the supplier to meet the financier. We'll also need your cooperation, Boss Red Falcon. Let's try to finalize the things we can cooperate on first. At least, let them come up with the technical plan and direction first."

"The more comprehensive my work is, the more cooperation projects I can finalize, and the more money I can get from institutions. Conversely, the more support institutions give, the more assured suppliers will be."

Yu Xing's inspection team has been working on sorting out and connecting the domestic supply chain. This is not only to gain a basic understanding of car manufacturing, but also to increase the probability of leveraging the confidence of institutional investors.

Even if it is a PPT, a well-reasoned PPT is more convincing.

He didn't expect to get all the necessary funds at once, but at this stage, the more money the better.

"I'm honest in making cars." Liu Wanying said with a half-smile, "But I'm not honest with people at all."

Yu Xing smiled slightly: "Just take it as a compliment."

However, no matter what Liu Wanying said, with the official announcement at the end of May that Bai Xiaosheng had formally submitted its IPO application to Nasdaq, Yu Xing has received more praise, although it has not yet been successfully listed.

The sale of WeChat to Alibaba has already created a sensational number of wealthy people, and they still conscientiously insist on issuing options.

Now that Bai Xiaosheng has gone public, naturally a new group of wealthy people will emerge.

There was quite a lot of discussion on the internet about Yu Xing's life. Tang Jun, Cai Dabiao, Wang Wei and other good friends who had helped Bai Xiaosheng were all brought up for discussion. Those who had already been in prison had nothing to say, while those who had not been in prison were all angry.

In addition, Yu Xing’s past dispute with investor Xu Xin was dug up, and they had a publicly witnessed conversation on WeChat - just watch how I operate this shovel.

The WeChat shovel has already made a fortune, and now there is another shovel that is going to Nasdaq.

The praise that Xu Xin predicted a long time ago naturally appeared in the public opinion, "Yu Xing's ten maxims for business operation", "Yu Xing talks about business operation", "See how Yu Xing, which is about to go public, operates", "Operate business projects like Yu Xing"...

From Guiai.com to Baixiaosheng, from selling, selling, selling to the upcoming listing, Yu Xing, who has fought and failed time and time again but has fought again and again, has received the greatest praise.

——Someone called out to Penguin on Weibo: Penguin’s operations have been good recently, Mr. Ma, your operations are almost catching up with Yu Xing.

(End of this chapter)