Chapter 331 Congratulations

Chapter 331 Congratulations

Chapter 331 Congratulations
Xiong Xiaoge, Zhang Suyang and Xu Xin came together not to have a chat, but because the well-known short sellers have an extremely amazing influence.

In terms of information channels, it can dig out changes in the control of Alibaba's core assets. In terms of research scope, it has shorted multiple industries such as advertising, forestry, and security software. More importantly, it has never failed to this day.

Such short-selling specifically mentioned the new energy industry, which is even more worrying considering the pioneering nature of Carbon Silicon Group itself in China.

But Yu Xing's calmness was very convincing.

It is logically consistent for him to use the key supply chain shortcomings of CATL as its advantages.

Ultimately, Xiong Xiaoge feels that one of the reasons why Mr. Yu is trustworthy is that he actually gets things done himself.

After this meeting and communication, the worries caused by the short position seemed to be not strong enough.

Fortunately, there are plenty of topics to talk about tonight, for example, let’s take a look at the evaporation of market value of shorted companies.

Yu Xing was not angry because of the hidden doubts of the three investors. After all, this was also caused by Guo Shanfeng. This time he did not take them to Shaxian Hotel, but went out for a midnight snack together.

During the dinner, as the founder of Carbon Silicon Group, he talked seriously about his work during this period, and also reviewed the progress of the project and the problems encountered.

Previously, there was a customer group positioning for the first car model. Xu Xin led people to conduct research on it himself, and after Xiong Xiaoge came back from New York, he asked Zhang Suyang to personally lead people to visit 4S stores of some brands and contact some potential car buyers. He saw that there was indeed a demand for cars at the family level.

Only then did IDG recognize Yu Xing's decision in this regard.

Yu Xing didn't think there was anything wrong with IDG's serious attitude. Although he didn't intend to listen to their opinions, recognition would at least reduce disputes and make it easier to...get help from more aspects.

He mentioned an important question: "There are many procedures for applying for car manufacturing qualifications. Lingang said they will follow up together. There should be no problem in this regard, right?"

"There will probably be no problem if we follow the policy." Xiong Xiaoge gave a cautious tone, and then smiled, "But the process is fast or slow. Logically speaking, Lingang is in Shanghai, so there is no shortage of such policy resources. However, Carbon Silicon Group itself should also be more proactive."

Xu Xin took over the conversation: "In this regard, we need to go to two departments, one is the birth permit from the Development and Reform Commission, and the other is the birth certificate from the Ministry of Industry and Information Technology. I think there will be no problem in reporting it from Lingang. The qualifications for new energy vehicles and fuel vehicles are not separated now, but they will definitely be separated in the future."

Xiong Xiaoge said, "I have inquired. The higher-ups will issue an 'Energy-Saving and New Energy Vehicle Industry Development Plan' next year. It will be an eight-year plan. If we follow the 'Access Management' of 09, the investment, technology and other conditions that Carbon Silicon Group needs to meet will definitely be sufficient. It won't work this year. We'll wait until next year when we have a basic look, and then we'll see if we can get the leaders to come over and take a look."

He has a wide network of contacts and can make use of this.

Yu Xing thanked Mr. Xiong for his willingness to help in this regard.

As the opening of the U.S. stock market approached, Yu Xing had already talked a lot about supply chain, team building, local support and other aspects, and his description of the priorities of different situations also satisfied the three investors.

Zhang Suyang couldn't help but sigh: "If everyone explained things as clearly as President Yu did, we wouldn't be so nervous about investing."

Xiong Xiaoge smiled and said, "Mr. Yu did it himself, so he can explain things clearly. And, in my opinion, because Mr. Yu did it himself, he was too lazy to use any fancy words to describe it to us. He was very straightforward."

Yu Xing hadn't noticed this style of speaking and was quite surprised: "Really? Is that so?"

The three investors nodded in unison.

Just as Yu Xing was about to speak, the phone on the table displayed a call from Fu Yunliang, the head of Bai Xiaosheng's special talent recruitment team serving Carbon Silicon Group, reporting on the feedback from several design teams he had recently contacted.

Regarding vehicle design, Carbon Silicon Group is still considering the domestic and international matching model, and has sought out executives from well-known car companies including BMW and Mercedes-Benz. After several communications and rejections, the list has shrunk rapidly.

After all, people like Thomas, Volvo's head of safety, are a minority. One reason he was willing to step out was the company's acquisition, and another was his personal interest in new energy.

"Bangle is somewhat interested." The focus of Fu Yunliang's call this time was the response of Chris Bangle, former BMW design director, "but he has a question and would like to know your idea." This man worked at BMW from 1992 to 2009, and then established an independent studio. He is willing to provide consulting and design services for electric vehicle projects, but he is not very willing to join the car company directly.

Fu Yunliang conveyed the boss's wishes, and after several exchanges, the other party was moved.

Yu Xing turned over Bangor's information in his mind and asked, "What's the problem?"

Fu Yunliang accurately conveyed the questions from Bange.

After a while, Yu Xing ended the call, looking a little surprised and confused. Finally, he looked at Xu Xin and said involuntarily: "English is indeed my weakness."

Xu Xin wondered: "What do you mean?"

"We were discussing cooperation with former BMW design director Bange, and he questioned the name I gave to the car, thinking that Beta was not good, and his reasons were very good." Yu Xing said helplessly, "Beta is pronounced as beta in English, which means 'testing'. Many software companies launch beta versions when testing software, and he felt that naming a car model 'testing' would confuse and distrust the foreign market, and no consumer would be willing to pay for a car model that is just a test model..."

He added: "If Beta Motors aims to enter the global market..."

When Yu Xing became famous, he only considered using a well-known image to target domestic families as his user base, and did not connect it with spoken English. But after hearing Bange's question, it was hard to refute.

This can certainly be done by doing more publicity to convince consumers, but why do so and get half the result with twice the effort?
Xiong Xiaoge and Xu Xin looked at each other and had similar ideas.

Xu Xin agreed with a smile: "Mr. Yu, what they said makes sense. If you really like this name, then use it internally. You can set up the 'Beta Technology Center' or 'Beta Laboratory'. The Greek letters are very formal in this context."

Yu Xing sighed: "I'm going to hire an assistant who specializes in speaking."

"It's fallen! NetQin's stock price has fallen!" Zhang Suyang, who had been refreshing his phone, suddenly said, "It dropped by $5 right after the market opened!"

Compared with yesterday's closing price, NetQin's stock price has evaporated by 33% from pre-market to now, and its market value has been wiped out by US$1.38 million!
Yu Xing naturally looked at Xu Xin, then at Xiong Xiaoge: "The truth is such a sharp knife!"

"You deserve it!" Xiong Xiaoge commented, raising his glass, "Let's drink with the plummeting market value of NetQin!"

Yu Xing noticed that Xu Xin's expression changed obviously for a moment, so he silently raised his glass and drank the celebratory wine.

He also didn't expect that he could drink a celebratory drink so openly.

Zhang Suyang sighed: "With this wave, NetQin's stock price will at least drop by half. This is the case every time Guo Shanfeng makes a move."

Xiong Xiaoge shook his head: "No, Alibaba doesn't have such a scale. Well, Alibaba is indeed a giant."

Yu Xing felt that Mr. Xu wanted to exchange glances with him again. This... first shoot the arrow and then draw the target. Mr. Xiong's words all sounded regretful...

Xu Xin also raised his glass at this time and said with a smile: "Come on, come on, have another glass. No matter how Guo Shanfeng shorted, it brought inspiration to Carbon Silicon Group. Let's celebrate this good short today."

Xiong Xiaoge was surprised and said, "Celebrate with joy? You know how to use words."

Xu Xin laughed and raised his hand.

NetQin's stock price plummeted, and everyone drank and celebrated.

(End of this chapter)