As a mage, I just want to pursue the truth

Chapter 291 Investing in Rice Automobile
CERN has two main working locations, Meryin and Prevessin.

Zheng Li stayed in Meyrin most of the time.There are two restaurants in Meyrin, one in Switzerland and the other in France.

Meyrin straddles two countries.

Zheng Li sat on the side near Switzerland and had breakfast. This body still had to eat to supplement the substances needed by the human body.

Opposite is Zheng Li's colleague at CERN, or the colleague who often chats with Zheng Li - Kate.

Kate is from England, with typical blond hair and blue eyes, and often comes to chat with Zheng Li when she has nothing to do.

She has always admired wise minds and claimed that she does not accept men who are not as smart as herself.

But Kate, who graduated from Trinity College, Cambridge University with a PhD at the age of 23, has yet to meet a man of the right age who can convince her.

Zheng Li was the only man she recognized among the men she could come into contact with.

But although she was very active, Zheng Li was unmoved at all.

"On such a bad day, the rare good news is that the culprit behind random deaths in London has been arrested.

What a blessing in misfortune. "

Zheng Li was sitting opposite her eating the chicken sandwich he usually gets.

Zheng Li doesn't like changes in eating. He has only eaten three fixed dishes for more than two years in the R&D center of Kechuang Biotech in Lion City.

As a result, the chefs at the Lion City R&D Center strive for excellence in the three fixed dishes.

"That was a good day right.

You don't have to worry about your parents' safety anymore. "

Kate's parents are in London.

Although London said that they could leave but not enter, in fact, London citizens were not allowed to leave London until the murderer was identified.

Kate leaned back in her chair and sighed, "It's not that easy.

I read in the news that only the main criminal and some criminals have been caught, and many others have not been found.

Moreover, all London citizens are learning magic, and the whole city has fallen into a kind of mania for magic.

Because of learning magic, they act recklessly and feel that they are different from ordinary people. Similar impulsive crimes have increased a lot.

There is now a feeling that there is not enough police force across London. "

Zheng Li replied: "You should have confidence in England.

will always be properly resolved.

I read the news, the situation in London is not out of control, is it? "

Kate sneered and said: "The media reports can only be trusted with three points at most.

Prices in London have tripled.

My parents should be regarded as the middle class in this city, and they both complained about the current prices.

It is conceivable that the bottom of London, if this continues without solving the problem of material supply, the consequences will be disastrous. "

Zheng Li asked: "London is only banned, but the daily trucks are still available.

Moreover, the automatic truck technology is quite mature, and it is fully capable of supplying London 24 hours a day. "

Kate nodded and said, "You're right.

That's why prices have tripled, not tenfold.

If it weren't for London's smooth logistics and supply, the price would be far more than doubled.

Have you studied economics? "

Zheng Li: "No."

Kate looked at Zheng Li with her chin in her hands and said, "I also took a bachelor's degree in economics while I was studying for a Ph.D.

If I hadn't thought about graduating early, I might have done another doctorate in economics.

The price of goods is not determined by the buyer, but by the seller.

The buyer can only decide whether to buy or not.

It is true that there are automatic trucks, but automatic trucks will only deliver goods to the logistics park, and finally, from the logistics park to the hands of people, manual delivery is still required.

But the current situation in London is that everyone is not in the mood to work.

People from outside can't go in.

Labor costs are rising, and then merchants take the opportunity to raise prices. "

"Does the English government not care?" Zheng Li asked, because in his perception, if a similar thing happened in China, the government would definitely take action.

Kate: "The government doesn't care about this kind of market behavior.

You need to know that this kind of pure market behavior cannot be directly interfered by the government.

They can only indirectly alleviate the cost of living of London citizens by giving subsidies to businesses, reducing taxes, or sending money to citizens.

They absolutely cannot order merchants to cut prices directly through administrative means.

At most it is a suggestion. "

For example, before the price of refined oil soared all the way, the profits of England Petroleum and Anglo-Dutch Shell were astonishing.

Then the English government and non-governmental organizations can only put pressure on these oil giants to cut prices.

Zheng Li: "Understood, then I can only pray that the two months will pass quickly."

Kate showed a trace of sadness between her brows: "Merlin's arrival changed everything.

He brings the unknown and the chaos. "

Seeing that the other party mentioned him, Zheng Li said, "Meilin seems to hardly show up in public.

Including the magical events in London, there is no news claiming to be related to Merlin.

I think the changes brought about by Merlin are not good or bad, it is human nature that caused all this to happen.

The world wouldn't be a better place without Merlin. "

Kate hardly saw Zheng Li expressing her views on things on Blue Star, she said in a little surprise: "I can't see that you are still a magic fanatic."

Zheng Li asked: "What is a magic fanatic?

Passionate about magic?

I am far from being fanatical about magic. Everything that humans can do now is far more miraculous than magic in the past. "

Kate explained: "The people who support Merlin.

The arrival of Merlin has caused two factions of public opinion.

The two sides turned against each other, and the faction that supported Merlin was branded as a magic fanatic.

The faction against Merlin was dubbed Muggles. "

Zheng Li said: "I neither support Merlin nor oppose him.

It's just that I don't think what he brought is too much beyond our cognition.

It just slightly expands our cognitive boundaries.

He is only an external cause, and the internal cause of the world's chaos and turmoil is ultimately human beings themselves. "

Kate sighed, "Well, maybe you're right.

But it's hard for me to keep calm when accidents happen to my parents and my country. "

"Okay, let's not talk about it, and talking about it won't make me feel better.

Let's talk about your paper is about to be published, how do you feel now? "

Zheng Li thought to himself, isn't it just published in Nature, I have already published it.

"Nature" is the top scientific journal in England. As the result of the Europa Alliance, it will naturally be published in the journals of the member countries of the alliance.

"I heard that you will be unanimously elected as this year's Nobel Prize winner, and this year's Nobel Prize in Physics is likely to be exclusive to you.

Are you excited? "

Zheng Li smiled and said nothing, he can't say, I won the Nobel Prize you mentioned.

At that time, all other winners did not receive the award.

Even relying on my own strength, the Nobel Prize awarding ceremony won the highest ratings ever.

The problem is that none of this can tell you.

"Why are you not interested in anything?

It's so boring. "

Zheng Li explained: "It's not that I'm boring.

It's my discoveries that don't add points for these awards, but my discoveries that allow the Nobel Prize to match his fame.

These mean nothing to me. "

He has won the title of God of Law in the Mage Alliance, and the honor threshold of Blue Star is too low to stimulate Zheng Li's excitement.

Not to mention he won it once.

08:30 am in Geneva is 03:30 pm China time.

While Zheng Li was chatting with Kate, he was chatting with Lei Jun about cooperation at the headquarters in Gusu.

Lei Jun has often traveled to Gusu in recent years, and Gusu has become the city he has stayed in the most besides Yanjing.

"In fact, new energy vehicles are no longer far behind fuel vehicles in battery life.

However, any new energy vehicle that adopts Kechuangbio's lithium metal cathode technology has a battery life of more than 2000 kilometers, which can fully meet the long-distance needs.

The current market share of fuel vehicles has been hit below 50.00% for the first time this year.

The golden reversal has appeared, and time is running out for rice cars. "

Lei Jun was very anxious, building a car was more complicated than he thought.

In other words, commercial products have always been complicated.

New energy vehicles involve more components than smartphones, and there are more upstream and downstream suppliers.

Smartphones can be purely online, and they can rely on online marketing and pure online shopping in the early stage, but new energy vehicles cannot.

From manufacturing to the laying of offline channels, a lot of resources and energy are required.

The registered capital of Dami Auto was 100 billion RMB, and the paid-in capital was also 100 billion RMB.

The first rice car was launched in 25 years, and it has only been a year since the rice car was not enough money.

"But Rice Auto has its advantages.

Rice has a very complete and mature supply chain experience.

In the next year, we can achieve a profit margin of [-]% for each car.

30.00% in the next five years.

In the next ten years, we must achieve 50.00%. "

Tesla's goal is to have a profit margin of 50.00% per vehicle.

In 2021, their profit margin per car is 30.00%, which is a very exaggerated figure.

Zheng Li nodded and said, "This goal is not easy to accomplish, is it?"

Lei Jun replied: "It must not be that easy.

But if most of the unmanned operations can be realized, this goal may even have the opportunity to advance.

In the past two years, the development of artificial intelligence has been very rapid.

The number of people in the rice car factory is only 50.00% of the previous estimate.

The emergence of industrial VR saves the cost of engineers.

Only by relying on these can we have the confidence to achieve a profit margin of [-]% within a year. "Lei Jun is very frank.

Because the purpose of his visit this time is to attract investment, Lei Jun hopes to sell some of the shares of Dami Automobile to Kechuang Bio.

The most important purpose is not to raise funds, nor is it to introduce the technology of Kechuangbio to reach an in-depth cooperative relationship.

These are secondary.

Even if Kechuangbio does not take a stake, Dami Auto can still obtain the technical authorization of Kechuangbio and carry out technical cooperation.

Lei Jun's move, the most important thing is to give confidence to the capital market.

Kechuang Bio's shareholding can make the primary and secondary markets have greater confidence and more patience in making cars with rice.

Even Kechuang Biology and Zheng Li are optimistic about Rice Auto, and we can hold shares in Rice and wait and see for a while.

During this period of time, beggar stocks fell too badly, and rice was no exception.

At the same time, the follow-up rice will be subject to fixed increase, and the shareholding of Kechuang Bio will be completed before the fixed increase, which is also to determine a good price for the follow-up fixed increase.

Rice mobile phone, rice car, rice smart home, the last one is a supplier product, the first two are self-operated by rice, which consume a lot of cash of rice.

In particular, it is still far away to pay back the cost of building a car.

Just because the profit margin per vehicle exceeds [-]%, does not mean that the total revenue and expenses can be reversed.

If it weren't for the poor financial situation, Rice Auto would not sell the shares of Kechuang Future.

"Brother, I also believe in you. The maturity of rice in the supply chain can be seen through the mass production of brain-computer connected VR.

Rice is indeed very strong in supply chain integration.

I personally don't have much opinion on the matter of becoming a shareholder of Rice Auto.

In my opinion, investing in Rice Auto is only a capital operation, and I can guarantee that we will not interfere with the specific operation of Rice Auto.

At most one outside director.

But for the specific price and share ratio, we may need to let the people below have a good talk. "

The stone hanging in Lei Jun's heart fell to the ground. As long as the other party is willing to invest, then he will not lose money.

The follow-up fixed increase has the banner of science and technology, and the price is easy to negotiate.

Fixed increase refers to the private placement of additional stocks, issuing bonds or stocks and other investment products to senior institutional investors or individuals.

This price is usually negotiated before the fixed increase.

The price of fixed increase is generally lower than the price in the secondary market. If the company is in a downturn, the price of fixed increase can be even lower.

Of course, these investors who participate in the fixed increase may not be able to take advantage of it.

For example, Hillhouse Capital often participates in fixed increase in China, and their fixed increase Gree Electric Appliances did not make any profit and lost a lot.

The institutions that need to participate in the fixed increase are optimistic about the long-term development of the enterprise.

Rice is an embarrassingly positioned company. From the perspective of market share, it is more than this price, and from the perspective of profit and revenue, it is not worth this price.

The premiums enjoyed by home appliance sellers and technology manufacturing companies are worlds apart.

Rice is in this middle ground. If he runs to enjoy the same pricing standard with BOE, the stock price will have to be cut in half again.

Rice's return on net assets has been falling in recent years.

Lei Jun nodded and said: "No problem, we can talk slowly later.

Don't worry, I will definitely give you a very cost-effective quotation.

Rice is known for its cost performance. "

In fact, there is nothing wrong with the cost-effective strategy.

Like Ford Motor, it also followed the cost-effective strategy at the beginning, and later launched high-end brands such as Lincoln, Land Rover, and Aston Martin.

Of course Land Rover and Aston Martin are now sold to others.

Rice Auto also wants to take the cost-effective route first, and then explore high-end after gaining a firm foothold, that is, the same route as Rice Mobile.

(End of this chapter)