Chapter 365: Still Elegant

Chapter 365: Still Elegant

Chapter 365: Still Elegant
Millimeter-wave radar is not expensive.

At least, for mid-to-high-end models, its purchase price of several thousand yuan is absolutely acceptable, and the auxiliary functions such as adaptive cruise control and automatic emergency braking that can be achieved by millimeter-wave radar are the differentiating functions of the model positioning.

Domestic brands will definitely not be stingy with such purchasing costs and be unwilling to try to install it on their own models.

But, they really don’t sell it.

This is not surprising. This is how market competition works. Without it, you will be passive.

Yu Xing felt that if he had technology of similar status, he might be able to do the same, but now he was the lagging party, so naturally he needed to figure out how to break this predicament.

In addition to investing in research and development, he also had to consider a variety of operational possibilities.

Zhibo is currently working on the 77GHz breakthrough. The reason why it was unwilling to let the former founder adjust to 24GHz was because Huayu Automotive in China was conducting research and development in this area and did not want to repeat the waste.

However, the development of 77 does not mean that 24 can be replaced. The former realizes functions in long-distance scenarios, while the latter can achieve refined perception in short distances, such as blind spot monitoring to detect the blind spots of the car and lane change assistance to determine whether there are vehicles approaching in adjacent lanes.

If Zhibo breaks through 77 first and Huayu Automotive has not yet broken through 24, an awkward situation will arise. Carbon Silicon Group will still need to purchase 24GHz millimeter-wave radars from foreign suppliers.

Yu Xing told Wang Chuanfu today about the soft and hard approach he had considered based on this situation. Although the situation had changed slightly, the core remained the same.

We already have 77, so how far can 24 be?

If you don’t sell it now, you will have to lower the price in the future.

Of course, there is also the worst case scenario. Neither Zhibo's 77 nor Huayu's 24 can achieve a breakthrough within the expected time. Then...

It's a bit worse, but it's not unacceptable. The Highlander that costs about 30 yuan doesn't have these either. It is only equipped with an ultrasonic reversing radar. It uses mechanical control to achieve fixed-speed cruise control, and you have to buy the 3.5L four-wheel drive luxury version to have it.

Similarly, the 50 yuan Mercedes-Benz E-Class does not have adaptive cruise control, and you have to upgrade to the Mercedes-Benz S-Class to get this function.

Yu Xing is not sure whether these expensive models will gradually have such functions in the next few years, but he knows that if domestic companies such as Zhibo and Huayu Automotive can make breakthroughs, the speed of their function decentralization will be greatly accelerated.

This principle applies not only to the assistance and safety functions that can be achieved around millimeter-wave radar, but also to the car price, which is what consumers are most sensitive to.

The better domestic development is, the more affordable the price of foreign investment will be.

The better new energy develops, the lower the price of fuel vehicles will be.

This way, there will be more choices in terms of functions, safety, price, models, etc.

Yu Xing has been waiting for the media to ask him questions of this kind, but the question never came. He could only keep the words "I will help you lower the prices of luxury cars/fuel cars" in his heart.

Wang Chuanfu has obtained a solution to a certain extent, which may not be actually realized, but it is certainly worth a try.

Since he called, it was natural for us to exchange some information about car manufacturing.

Yu Xing told the truth and also talked about some of his own confusions and thoughts.

Wang Chuanfu's words were very restrained. It was true that BYD had fallen into a slump in the past two years and was no longer as enthusiastic as before.

Yu Xing talked for a long time, and finally remembered something and made a small request: "Mr. Wang, if Zhibo makes a breakthrough, I will tell you the first time, and then you can see how to operate it. However, I also have a question."

Wang Chuanfu really appreciated Mr. Yu's attitude on the phone and said simply, "Mr. Yu, go ahead."

"Since the country supports the development of new energy, I think there may be some distinction between fuel vehicles and license plates in the future. When the time comes, we can discuss and see how to make it look better." Yu Xing mentioned a small problem.

Wang Chuanfu was stunned. He thought it was technical cooperation or authorization or something like that, but he didn't expect it to be this aspect.

He laughed and said, "Boss Yu, if there really is a new design for the license plate, it's a matter for the entire industry, and we must discuss it together."

Yu Xing smiled and said, "Okay, Mr. Wang, let's discuss it. When you arrive in Shanghai, you are welcome to come to Lingang for guidance."

Wang Chuanfu actually expressed this interest before ending the call.

Yu Xing put down his phone and glanced at the integrated die-casting materials on the table. He then thought about the millimeter-wave radar they had discussed on the phone. The current progress feedback was only average, and he didn't know how Huayu Automotive's research and development on 24GHz was going.

The worry has just left my mind, but it’s back on my mind again.

He sighed. Although he could handle the pressure, it was indeed quite intense.

Yu Xing paced in the office, turned around and drank half a cup of herbal tea, and then he felt refreshed. Although the pressure was always around, good friends such as Fenzhong Media, China Forestry, Sino-Forest, NetQin and even peers like Mitsubishi all gave their support. With such friends all over the world, what else was there to worry about?

Continuing the money and food that were cheated in the past, we will open a new chapter in energy.

……

The discussion on the integration between Mogujie and Meilishuo is scheduled for the last day of July.

For nearly two weeks, whether it was Chen Qi, Xu Yirong or Penguin, they all took different actions after learning that institutional shareholders wanted to integrate.

Although Xiong Xiaoge postponed the meeting, Chen Qi came to him twice to discuss the possibility of merger and transformation, and his initial rejection turned into hesitation.

Finally, Chen Qi was left with one question: "If the merger really happens, whose company will it be?"

Xiong Xiaoge did not lie and gave a deceptive answer. He just said with emotion: "I have seen many entrepreneurs and many projects over the years. Some are very creative, some are very capable of execution, but most of them did not survive until now. If a company takes the wrong path, it will be meaningless to worry about its fate for a while or a few years."

Chen Qi was not satisfied with the answer, but he could also feel the sincerity of Xiong's words, so he revealed a piece of news: "The Penguin people called me and proposed a plan of co-CEOs, with each managing their own business."

Xiong Xiaoge shook his head and smiled, "Mr. Chen, the reason we're talking about a merger is because we're afraid of this kind of incomplete integration, where we can't do this or that well."

Chen Qi said unconvincedly: "We can proceed step by step. It's good enough if the integration is not thorough. Besides, it doesn't necessarily mean that we can't do it well. Mr. Yu may not be that amazing."

Xiong Xiaoge nodded: "This is a subjective judgment. Different people can have different ideas."

Chen Qi said "hmm".

Xiong Xiaoge added: "But I believe in Mr. Yu."

Chen Qi hesitated to speak, and finally said with a bit of resentment: "I also believed in Mr. Yu, before he got to me."

Xiong Xiaoge thought about Mr. Xu's active operation, the sudden interruption of Alibaba's flow, the rise of Carbon Silicon Data, and Mr. Yu's operational reputation, and said in a less objective way: "Well, things have come to this point, let's brainstorm."

After all, we still need to pool our wisdom, but Xiong Xiaoge did not expect that this brainstorming would also bring in Liu Chih-Ping from Penguin.

He knew that Penguin would send someone, but he didn't expect that the president would do it himself. In this case... Penguin's co-CEO plan might really be successful in smoothing things over.

Xiong Xiaoge frowned in his heart, but smiled as he chatted with Liu Chih-Ping.

Xu Xin, who was also surprised by Liu Chih-ping's appearance, was thinking, and suddenly felt that he would be doing wedding dresses for others. Penguin's influence should not be underestimated. This time the president is in charge, and the outcome of the dominance is hard to predict.

She quickly sent a message to Yu Xing, who had not arrived yet, on her cell phone to inform him of the latest situation.

"Oh, he's here. I'll be a little late then. I have something else on hand." Yu Xing gave this reply.

Xu Xin felt relieved a little, but judging from his own experience, since the penguins appeared here, they must have been quickly connected behind the scenes, so he couldn't help but pay attention.

She greeted the acquaintances present, and chatted with Xu Yirong, who had calmed down but was still indifferent, before joining the conversation with Liu Chih-Ping. Capital Today is an investment institution, and JD.com, which has invested heavily, has important cooperation with Penguin. The relationship is not actually hostile, but the matter today does not concern Penguin, so the positions are opposite.

After Xu Xin chatted for a while, she received another text message from Yu Xing on her mobile phone.

She took it out and took a look at it. She thought the other party would mention some arrangements and preparations, but she didn't expect it to be irrelevant.

Yu Xing: "Mr. Xu, a Li Yifan from Silicon Valley contacted me and wants to do a project. Are you interested in investing?"

Xu Xin was already a little anxious, and suddenly saw Yu Xing asking such a question at this time, she was furious. She was about to scold him but suppressed her temper and replied: "What project?"

Yu Xing: "Well, he wants to work on laser methane telemetry technology, which he says is used to detect natural gas leaks, but I was talking to him about the possibility of lidar. He is a doctoral student who went to the United States from Tsinghua University. He also has two classmates from Tsinghua University who are also in the United States and have relevant research backgrounds."

When Xu Xin saw that it was both a methane test and a laser radar, he immediately thought it was unreliable and replied with only three words: "Not interested!"

There was no movement on the phone.

However, a moment later, Xu Xin saw Xiong Xiaoge, who was chatting, start to touch his mobile phone, and then looked thoughtful, guessing that the guy named Yu had come to see Xiong again.

She immediately sent a message: "Boss Xiong is not interested either!!! Please deal with this matter in advance!!!"

There was soon no movement from Xiong Xiaoge either.

About half an hour later, including Penguin, 11 institutional shareholders of the two companies arrived, and the meeting concerning the merger and business direction began.

However, when it officially started, Shen Nanpeng, who came from Sequoia this time, immediately showed a different stance from before.

"I have thought about this for a long time in the past half month. It is inevitable that Alibaba will interrupt the traffic. Mogujie and Meilishuo have developed too fast. Alibaba must control the traffic ecosystem." Shen Nanpeng said, "But this is a pity for both of you. However, this matter is not irreparable. Alibaba is not the only one in the world with traffic. Mr. Liu's visit this time has given me confidence. Only giants can fight against giants."

He spoke eloquently and directly proposed a merger and dual-decision-making plan based on Penguin's traffic.

Xiong Xiaoge looked normal and was not surprised by the unexpected event.

Xu Xin just frowned slightly and watched what happened.

Hu Xubo immediately mocked him: "Boss Shen, that's not what you said before. If a co-CEO is in charge of two businesses, what's the point of merging them?"

Shen Nanpeng shook his head: "It depends on how far Penguin can cooperate. Mr. Liu came here today, he must have brought the greatest sincerity. Moreover, whether it is Mr. Chen or Mr. Xu, they both put a lot of effort into their respective companies. Mr. Hu, let me ask you, if you don't want this, then do you want Mr. Chen or Mr. Xu to be the CEO?"

An answer that chooses either of the two options is bound to offend people.

Hu Xubo hesitated and couldn't give an answer.

Liu Chih-Ping smiled and took over the topic: "I understand what Mr. Hu means. I believe that everyone here, including the two founders, is willing to sit here today because they are willing to 'solve the problem' and push the situation forward."

He emphasized his words and took charge of the situation: "If we can't solve any problems, then what's the point of talking well? Mr. Chen and Mr. Xu both have more than 50% of the voting rights. We still have to face reality."

"Ali's immoral interruption of traffic is a reality."

“The interests and contributions of founders must be respected, and this is also a reality.”

"It is also a reality that there is room for development in vertical e-commerce and the O2O market."

"Penguin is willing to provide huge traffic on multiple channels such as QQ, Space, and WeChat to ensure the survival and transformation of the new company. Both Mr. Chen and Mr. Xu have been experienced in the project. I have confidence in you."

"I also have confidence in Penguin. Just like our cooperation with JD.com, JD.com's revenue has increased by at least 50%. The effect is quite obvious."

Liu Chih-Ping spoke slowly and calmly, showing the demeanor of a giant president.

The people present listened to his words, some remained silent, some seemed to be thinking about something.

dong dong dong.

At this moment, there was a gentle knock on the door of the conference room.

Just as everyone was thinking, the knock on the door became particularly clear.

Xu Xin quickly got up and opened the door. As expected, she saw Yu Xing and glared at him unhappily.

"Lidar is feasible. If you don't invest, don't blame me for not taking you with you." Yu Xing saw that it was President Xu who opened the door. He had not forgotten what happened before and even felt that it was more important than this meeting.

Xu Xin rolled her eyes and said nothing.

Yu Xing walked into the conference room and nodded with a smile to the people around him.

Liu Chih-Ping didn't expect Yu Xing to come over, and he couldn't help but narrow his eyes.

He knew that Carbon Silicon Data was interested in investing, and it was said that Yu Xing's idea for this merger was also there, but after all, there had been no investment or merger, and he had never shown up before. He didn't expect that he would come after all.

Yu Xing did not ignore the Penguin CEO and was the first to greet him warmly: "Chi Ping, long time no see."

Two words popped up in Xiong Xiaoge's mind: mean...

Xu Xin held back her laughter, what a bastard...

Liu Chih-Ping himself was even more stunned. You can call him by his full name, or you can call him Mr. Liu, but he just happened to use such words.

There was a hint of fire in his eyes and tears in his heart.

Yu Xing asked again: "Is Pony okay?"

Liu Chiping's face darkened.

Yu Xing sat down, just opposite him, and asked casually: "How is Penguin now? Is he still blaming me?"

Penguin’s strategic dilemma is... it has been analyzed in various ways, and the media talks about it every once in a while. It is also because this wave of changes in mobile Internet has directly made Penguin the biggest victim - no doubt about it.

But, it doesn’t matter if others say this, but it’s really unbearable for someone named Yu to tease me like this!

Liu Chih-Ping almost wanted to stand up and pounce over.

Xiong Xiaoge, who was standing next to him, was quick to grab Liu Chih-ping's arm and prevent him from getting up from his seat. They came here to discuss business, and they didn't want to go to the police station to make a statement about the fight...

Liu Chih-Ping calmed down, gritted his teeth, and said with a fake smile: "Mr. Yu, you are still as charming as ever."

Yu Xing nodded as a matter of course, and said regretfully: "Yeah, alas, penguins are much more desolate."

Liu Chih-Ping felt a surge of anger rising to the top of his head. Even if it was true, you shouldn't say it to my face!

In just two minutes, everyone except Liu Chih-Ping, the person involved, felt that the atmosphere in the conference room had changed.

Xu Xin breathed a sigh of relief. There was nothing she could do. Mr. Yu was very familiar with tearing penguins apart with his bare hands.

(End of this chapter)