Chapter 360 Detonation! Let the Bullets Fly for a While
Chapter 360 Detonation! Let the bullets fly for a while...
The boss opens his mouth and his subordinates run around.
That night, the legal and financial officers of Li Guohua, Zhang Mingyuan, Wang Tianyu and other bigwigs rushed to the Peace Hotel to help their bosses review contracts and financial transfers.
The same thing happened on Qin Han's side. Su Wanru sent a legal officer and a financial officer over.
Everyone had already witnessed Qin Han's terrifying strength, because they signed the contract very quickly.
He signed, sealed and stamped with a brush.
In less than an hour,
Qin Han obtained seven investment contracts with a total value of 24.5 billion!
Simultaneously,
He also spent 5 billion to buy 2% of the shares of Infinity Auto from Li Guohua. As for the % shares of Times Electric held by Liu Haiyang, he has not bought it for the time being.
In his opinion, 2% is indeed a bit too little. It is useless for him to have that 2% of shares, and it will not play any crucial role.
To put it bluntly, it's useless.
It is a pity that it is tasteless.
Qin Han planned to think about it again and not rush.
After the contract was signed, it was almost dawn and the bigwigs present were no longer young, so they all stood up and said goodbye.
Qin Han was too lazy to run, so he just hugged Shen Lan and stayed at the Peace Hotel.
We spent the whole night in silence, just playing cards.
After one night, [Happiness Value] increased by 6 points.
……
The morning sun shines into the bedroom through the French windows.
Qin Han opened his eyes lazily and reached for the phone on the bedside table. The moment the screen lit up, 99+ unread message notifications flashed wildly.
"Oh, it's started."
The corners of his mouth curled up slightly, and his fingertips tapped the screen lightly.
Chen Yazhi's voice popped up first: "Brother! Something big has happened!"
"Infinity X7 spontaneously combusted in three locations at the same time, and the video has gone viral!"
Su Wanru's news followed closely, with more than a dozen pieces of information with pictures and texts:
[Video] In the basement of a high-end residential complex in Chaoyang District, Beijing, a brand new Infiniti X7 suddenly burst into flames in front of a charging station, and the flames instantly engulfed the entire car body.
[Photo] In the basement of a shopping mall in Pengcheng, three X7s that were charging side by side caught fire at the same time, and thick smoke rushed straight to the ceiling.
[Screenshot] Chat records of the Hangzhou car owner group, dozens of car owners reported that the battery overheating alarm appeared during charging.
Qin Han slowly swiped the screen, and the Weibo hot search list had completely collapsed:
#InfiniteX7MobileBomb# (explosion) 9.8 million views
#AQSIQ enters Infinite Auto# (explosive) 8.5 million views
#SunZhiqiangcome out to apologize# (hot) 7.2 million views
Click on the topic, and the real-time square is updating the disaster scene every minute:
@京城消防（官方验证）: At about 6 o'clock this morning, a new energy vehicle spontaneously caught fire in the basement of a residential area in Chaoyang District. The initial judgment was that the battery was thermally runaway during charging.
@财经网: Exclusive! Infinite Auto’s stock price is about to plummet, possibly creating the biggest drop in history!
@Auto Safety Evaluation Center: Actual test video! The battery temperature of X7 soared to 158℃ when charging, far exceeding the safety standard!
The comments section was completely blown up:
"Is this a walking coffin?"
"I just picked up the car yesterday, and now my legs are weak! Brothers, what should I do? Urgent! Waiting online!!!"
“@State Administration of Market Regulation, are you waiting until the Chinese New Year to seal off this kind of business?”
The top three on the Douyin hot list are all related videos:
TOP1 "Real shot of the explosion of X7 in Beijing" 580w likes
TOP2 "Undercover 4S Store Sales Talk" 420 million likes
TOP3 "Car owners measure charging temperature" 360w likes
Qin Han locked the screen and walked to the bathroom barefoot.
The warm water washed over his well-defined back muscles, and his eyes were dim in the steaming mist.
This storm was more severe than he had expected.
When he came out of the shower, he saw a missed call on his phone. It was from Li Baobao, so he called back.
There was a rapid tapping sound on the keyboard from the other end of the phone...
"just got up?"
"Get up for a moment and go take a shower."
"Oh... Public opinion monitoring shows that the spontaneous combustion incident has caused an earthquake in the industry. Companies in the industry such as TSL, Dizi, and Times Electric are likely to be affected!"
"Well, that's for sure. After all, Infinity Auto is one of the three new car-making giants. Although it has fallen behind in the past two years, its influence is still there."
"Do you want to give it a push?"
"Not in a hurry."
Qin Han fastened his cuffs and said calmly, "Let the bullet fly for a while."
He knew there was no need to do anything at this point, let alone add fuel to the fire.
The majority of netizens and those who are prejudiced against new energy vehicles will automatically go online to denounce Infinite Automobile.
"Okay." Li Baobao responded softly.
After hanging up the phone, Qin Han opened the stock software.
The trend of Infinity Automobile (600893) was like a cut noose, with a 9% plunge at the opening and a record high trading volume.
The stock forum was filled with grief:
"Buy at 82, now 38, see you on the rooftop!"
"I just covered my position yesterday, but it was cut in half today!"
"Infinity Motors must be delisted!"
At noon, Wuxian Automobile's official website posted an emergency notice:
"In order to be responsible to consumers, our company has decided to immediately recall all X7 models sold in the past three months for comprehensive testing."
This announcement was like pouring water into a frying pan, instantly causing even greater shock.
The top five Weibo hot searches were all killed:
#Infinity Cars admits safety hazards# (explosive)
#Millions of car owners collectively defend their rights# (explosive)
#New Energy Vehicle Trust Crisis# (hot)
#Car return rights protection guide# (hot)
#Sun Zhiqiang's luxury home was besieged# (new)
Know the top questions on the hot list:
“How do you evaluate the Infinity Auto Recall incident?”
Highly praised answer (2.8 likes):
“This is not a recall at all, it is a disguised confession! Three fatal details:
The announcement only recalls cars from the last three months for inspection instead of replacing the batteries, avoiding compensation plans.
At three o'clock in the afternoon, the second wave of impact followed.
CCTV Finance Channel Breaking News:
"Our latest news is that the General Administration of Quality Supervision, Inspection and Quarantine has opened an investigation into Infinite Auto, and the China Securities Regulatory Commission has simultaneously launched an investigation into related-party transactions."
After-market data showed that Infinity Auto's stock price eventually plummeted 28.7%, with its market value evaporating by more than 100 billion yuan.
Qin Han looked at the glaring big negative line on the screen and finally revealed an almost invisible smile.
He called Shen Wanru:
"I want to see a complete position building plan tomorrow."
"Remember, share carrion like vultures..."
"Not a bone left."
……
the next day,
Qin Han had just walked into the office, turned on his computer and logged into WeChat when he saw Lin Haotian posting pictures in the WeChat group.
[Times Power's limit-down orders exceed 10 billion] The accompanying picture shows a shocking -hand sell order.
[Dizi stock price plummets 14%] The dynamic chart shows that the stock price is falling like a waterfall. [New energy sector evaporates 3000 billion in a single day] The scarlet arrow on the data chart goes straight to the center of the earth.
Chen Yazhi: "Brother Qin just got 15% of the shares of Infinite"
Chen Yazhi: "Sun Zhiqiang is such an idiot! In order to save a little bit of battery cost, doesn't he know that battery is the lifeblood of electric vehicles? He is really obsessed!"
Li Guohua: "In fact, it's not just Infinity Auto. As far as I know, other manufacturers also have this problem. For example, there have been many cases of spontaneous combustion of cars before, but none of them were as serious as the Infinity Auto incident this time. Old Sun is just unlucky!"
Wang Tianyu: "That's right. Wuxian has used this industry common problem as an example. Mr. Sun is really unlucky this time."
Qin Han drank his coffee slowly, then replied in the group chat: "Why rush? Maybe there will be a turnaround."
Liu Haiyang: "Old Sun made a bad move this time! How can you recall the products so quickly? You said it was a test, but it's easy for people to understand it as a confession. If you are confident that your product is fine, why do you need to recall it? Isn't this just trying to cover up the truth?"
Zhao Tianhao: "He was probably too busy to think straight. First he was called to have a chat by the ID card association, and then he lost 10% of Mr. Qin's shares. He must be feeling uncomfortable, and now something like this has happened, which will inevitably affect his judgment."
Zhang Mingyuan: "Where's Lao Sun? Ask him to come out and have a chat. We are all friends. Let's give him some advice."
Xu Chong: "What's the use of yelling? He has already left the group. He doesn't need your advice."
Zhang Mingyuan: “?”
Zhao Tianhao: "Hey! If Mr. Xu hadn't told me, I wouldn't have discovered it, hahaha."
Cheng Songda: "That's not generous. He didn't even send a red envelope when he left the group!"
Lin Haotian: "Just quit, we can't make plans with different ideologies, it doesn't matter."
Qin Han was watching people chatting in the group when there was a light knock on the office door.
Su Wanru walked in quickly on her stilettos, her Chanel suit making her look particularly capable: "Boss Qin, the public opinion storm has escalated."
She handed me a tablet, and the screen showed the real-time trending searches on Weibo:
#Do you still dare to buy new energy vehicles# 18.7 billion views
#Battery giants collectively explode# 15.3 billion reads
#Charging pile concept stocks collapse# Hot 9.8 million readings
The real-time hot search list is updated every minute:
#New Energy Vehicle Owners Collective Rights Protection# (New) The number of readings is soaring at a rate of more than 10 per minute
#The charging pile downstairs of my house was removed# (hot) Netizens in many places posted pictures to confirm
#No one is interested in second-hand electric cars# (hot) Second-hand car dealers collectively cry out
Switch to Douyin platform,
The number of likes for the top video "Measurement of Charging Temperatures of Six Electric Vehicles" has exceeded 3000 million, and the comment section is completely boiling:
"I just ordered MoY yesterday and I'm cancelling it now!" (58 likes)
"The car that's smoking in the actual test video is my car! Now my whole family is scolding me!" (Author's certification, 42 likes)
"New energy vehicle? It's more like a mobile urn!" (35 likes)
In the video,
The well-known car reviewer "Old Driver" had red eyes and a hoarse voice:
"Everyone, please read this carefully!"
He slapped the hot battery pack hard. "The core temperature of the industry benchmark model reached 98 degrees Celsius when charging. Is this cooking hot pot?!"
The camera switched to the basement surveillance footage, and three vehicles charging side by side suddenly emitted thick smoke at the same time, causing everyone to scream.
Su Wanru continued to scroll the screen, and financial news push came like an avalanche:
[Times Power's market value evaporated by 1800 billion in a single day] Hundreds of rights protection shareholders gathered at the factory gate
[Dizi Hong Kong stocks are being sold off crazily by foreign investors] JPMorgan Chase issued a "clearance" rating
[TSL China Supply Chain 12 listed companies collectively hit the limit down] The chairmen held a meeting overnight
There are many more super topics on Weibo, such as:
#InfinityCarVictimsAlliance
#Supertalk host live broadcast smashing car
#NewEnergyRightsGuide
#Lawyer's online answers received millions of retweets
#Never buy an electric car again
#Topic: Oil truck orders become a trend
Etc., etc.
In addition to these, there are also many offline actions across the country.
The property owners' committee of a high-end residential complex in Beijing urgently passed a resolution: prohibiting new energy vehicles from entering the basement.
Car owners in Shanghai drove their cars together to block the Infinity Auto Experience Center, shouting "Give us our money back".
There was a smash and destroy incident at a charging station in Yangcheng, and the police have intervened in the investigation.
These are what were revealed in the news, and there may be more that have not been revealed.
Looking at the public opinion report brought by Su Wanru,
Qin Han was also surprised. It seemed that netizens were more supportive than he had imagined. The crisis facing Infinity Auto was about to spread to the entire industry.
To this, he can only say it’s awesome.
I guess there are countless practitioners greeting Sun Zhiqiang’s family at this time?
Old Sun is really wronged...
Qin Han suddenly felt a little sympathy for Sun Zhiqiang, because he knew there would be a reversal later. The three "Infinity X7" that caught fire spontaneously were not caused by quality problems at all.
Alas, Lao Sun, Lao Sun, just hold on for a few more days, the rain will soon stop and the sky will clear up.
We will get rich together then!
Well, by the way, please get out~
As Qin Han expected, by the third day, the panic caused by the spontaneous combustion of the Infinite car had spread to the entire industry chain...
"I went to return the car yesterday, and the 4S store said I would have to wait three months to get my deposit back!"
"Our community property management removed the charging piles overnight!"
"The second-hand car dealer directly refused to accept the new energy vehicle, saying that they would not accept it even if it was given for free!"
I know there is an epic question on the hot list:
“Will the new energy industry never recover from this incident?”
The top answer comes from a battery expert:
——This incident exposed the three original sins of the industry:
"Excessive pursuit of energy density and neglect of safety (3.2 likes), widespread falsification of test reports (2.8 likes), and artificial tampering of accident data (2.5 likes)"
WeChat Moments was flooded with various jokes:
"Buy a new energy vehicle and get free spontaneous combustion insurance" (with a picture of the burnt frame)
"This year's hottest camping equipment: new energy vehicles" (pictured with outdoor barbecue)
"New wealth code: filming a video of an electric car catching fire" (with pictures from the hot lists of major platforms)
At the same time, the capital market is in mourning:
A private equity tycoon posted screenshots of his margin calls on his WeChat Moments, long queues formed at the entrance of securities business departments to close their accounts, and many fund companies urgently revised their product manuals.
The storm caused by Infinite Auto is sweeping across the entire new energy industry with devastating force.
Li Baobao called again, "Times Power's market value has fallen by 30%, and Dizi's price-to-earnings ratio has returned to the level of two years ago."
"Ah."
Qin Han tapped the armrest with his fingertips. "Let's build warehouses in batches according to the plan."
He paused and added: "Especially those battery material suppliers who were wrongly killed."
At this time,
Shen Lan, who was standing by, handed over the tablet at the right time: "These are the 12 high-quality targets that have been selected. The average decline is currently 35%."
Qin Han swiped the screen and read out the names one by one with a smile...
At this time,
The reading volume of the topic #The darkest moment of the new energy industry# on Weibo exceeded 20 billion.
A well-known fund manager choked up during a live broadcast: "This industry needs to be cured by scraping the bone."
No one could have imagined that this huge storm would actually have a reversal!
The reversal is so big and so thorough...
……
(End of this chapter)