I really just want to make money

Chapter 416
Thinking of his purpose today, Lao Xu interrupted Li Yu's pretentiousness and asked:

"Xiao Li, how is the new energy vehicle company you established with Jianghuai Automobile and Guoxuan Hi-Tech now?"

"The company has just been established. A team of nearly 200 people from Jianghuai Automobile and Guoxuan Hi-Tech has set up a shelf, but it has only just begun, and large-scale recruitment is still needed. Recruit more than 1000 people..."

After listening to Li Yu's introduction, everyone at the scene gasped.

The company has just been established, and needs more than 1000 technical R&D personnel in the first year!

What a horror!

R&D personnel are not talking about it casually. Although the salary looks quite high, the average annual salary + bonus, and the per capita expenditure are casually 20W+, but the real scary thing is not the labor cost, but the R&D cost!

All kinds of professional equipment, instruments, various materials, and test losses required for car research and development are an astronomical sum!
Although Ward New Energy Automobile Company has only been established for less than a month, its book funds have already spent 10 billion yuan like running water!

Of course, this only happens in the first month.

Because the company has purchased a large number of advanced R&D and production equipment all over the world, these are all necessary expenditure items. Although the subsequent R&D expenditures are not low, they are not so scary.

According to the company's financial estimates, the remaining 10 billion funds on Ward Auto's books are estimated to last for 6 months.

That is to say, within 6 months, Li Yu must obtain an investment, and then stay until the end of the year, waiting for the first batch of cars to roll off the assembly line.

As long as there are cars coming off the assembly line and the cash back, whether it is the normal operation of the company or attracting investment, it will be much easier...

Seeing Li Yu's face became serious, Lao Xu was secretly happy.

Hehe, let you pretend to be aggressive, it's okay now, you also have times when you are short of money...

"Building a car is really a waste of money!"

"I heard that your company's initial investment is only 20 billion. I'm afraid this money won't be able to support the production of the product?" Old Xu asked Li Yu with a smile on his lips.

Li Yu's eyelids twitched when he saw Lao Xu's beating smile, he really wanted to hit someone!
Damn, you're glad I'm short of money, aren't you?

Be careful that I sleep with your daughter and take away your property!
Li Yu thought hard in his heart, but a man, even if he can't do it, he can't be cowardly.

I'm a little tired today, next time, next time I must stick to it for half an hour!

"Hahaha, 20 billion is enough to last for a while. Even if it is not enough, I can still borrow from the bank. Anyway, our group has no debts, and we can borrow 30 billion from Xinwan Bank at any time."

"By the end of the year, our first batch of new energy vehicles will be off the production line, and the company will be able to operate by then..."

Seeing that Li Yu was so confident that he would continue to invest even at the expense of loans, Old Xu couldn't help but be moved.

Don't look at Li Yu's net worth tens of billions, but it's just a valuation.

Unless Li Yu is willing to cash out now, taking out 50 billion is already equivalent to his bankruptcy.

"You said that the first batch of new energy vehicles will be off the assembly line by the end of the year? Is it so fast to build a car?"

"Also, new energy vehicles are a new thing, will anyone really buy this kind of car?"

Lao Xu considers himself a traditional man, and he likes to drive, especially imported cars.
But if you ask him to buy an electric car, he is definitely not willing...

Can that thing call a car?
At most it's a big toy.

Old Xu's words aroused the unanimous approval of the men present.

They are all people who like to drive, and they just like the feeling of screaming with one foot of the accelerator. Switching to an electric car, it is like picking up a corpse, and there is no sound at all. What is the fun of driving?

Li Yu glanced at the elders at the scene.

Well, none of them are potential users of Ward's new energy vehicles.

Thinking about it, the people sitting here are all rich people. Even Niu Ben, the almost bankrupt boss, drives a Mercedes-Benz E. It is really impossible to look at the current new energy vehicles...

"My new energy vehicle company's first-generation product is positioned as a cheap model, so it is relatively simple to build, and you must look down on it." Li Yu simply explained.

"Oh, it's a good idea to make low-end cars, so what price are you planning to sell at the beginning?"

Old Xu is ready to invest in nothing, but before investing, he still wants to dig out more real things from Li Yu's mouth. After all, even if he is taken advantage of, he has the right to know.

It's just that the number Li Yu reported next, directly drove him into a complete bewilderment!

Li Yu didn't think much, and directly said a number he expected.

"Twenty to thirty thousand..."

"How much??" Old Xu asked with a look of astonishment.

Could it be that he is hallucinating his hearing?

Two or three thousand?
Not 30 million?

Seeing the shocked people, Li Yu was very satisfied with the impact of the price he quoted.

Look, this is the effect I want!
As long as Ward Auto can really lower the price to this level, and then put the car in various cities as a shared car, giving users a free experience.

He believes that as long as the quality is not so rubbish, the sales will definitely be guaranteed!

As for selling the car and the battery separately, is it suspected of stealing the concept and making a false quotation? That is actually very easy to explain...

I'm talking about car prices!It's the car price!

Anyone who buys a toy car knows that a car is a car, and a battery is a battery. It makes sense...

"That's right, I just want to build a car worth [-] to [-] yuan. Don't look at the low price, but we have all the necessary configurations, including leather seats and air conditioners. I believe young people will definitely not be able to refuse."

After Li Yu finished speaking, everyone's heads went straight to Sparta.

After a while, Chen Xiaoming asked a question:
"Mr. Li, at this price, you can't afford to die?"

"Hehe, there may be a little loss at the beginning, but it doesn't matter. After mass production and technological improvement, the cost can be reduced. At that time, the profit will only be a little less, and there will be no loss." Li Yu is full of confidence. Said.

Well, in the face of Li Yu's strong self-confidence, everyone at the scene was speechless. They could only wait until the end of the year to see what Li Yu's [-] to [-] new energy vehicles will look like.

Old Xu rubbed his chin, feeling very entangled in his heart.

He felt that if he continued to invest in Li Yu's new energy vehicle company, the chances of being in vain would increase wildly.

However, seeing his daughter's appearance of being deeply involved and unable to extricate herself, Lao Xu could only continue to ask with tears in his eyes.

"Okay, let's not talk about the price, are you ready for the sales channel? If the product goes offline at the end of the year, you only have ten months to recruit franchisees to build a 4S store. This time is still very tight..."

Li Yu looked at Lao Xu with some surprise, and thought to himself, why do you, old boy, suddenly care about my affairs so much?

If you don't have anything to show your courtesy, you can either rape or steal!
Li Yu took a sip of tea to moisten his throat, and then told the truth.

"My new energy vehicle is not going to find a channel to build a 4S store, I am going to sell the car online..."

"puff!"

Lao Xu just drank the tea he had just drunk and sprayed it back the same way. He looked at Li Yu in disbelief, as if he was looking at a lunatic.

"Selling cars online? Do you think you're selling toy cars? Who would buy a car online?"

It’s no wonder that Xu lost his temper. In this day and age, Tesla has not yet gained a reputation in China. Selling cars online is completely unimaginable to normal people.

Buying a car and going to a 4S store is like wiping your ass when shitting, which is the consensus of everyone.

Li Yu's thoughts, in Lao Xu's view, are completely nonsense, Li Yu must be out of his mind to do Internet work...

It was very strange tonight, while Lao Xu had various doubts and disapproval of Li Yu's thoughts, he kept asking questions until Li Yu's mouth became dry and he finally couldn't help it.

"Hey, old Xu, why do you keep inquiring about my car building? These are all my business secrets, and I need to charge a fee."

Li Yu really can't say anymore, and if he continues, the business secrets of shared travel will be picked up by Lao Xu.

"Uh, this..."

Old Xu is very tangled and speechless, Damn, what you said is so outrageous, how should I mention the matter of investment?

You can't say that in order to let your daughter bring money into the group, you should fully recognize your true colors, can you?
"Actually, I am quite optimistic about the new energy vehicle industry. I just want to ask if you need financing. I can invest some money."

What Lao Xu said was a little guilty, let alone Li Yu.

What the hell!

Open your eyes and talk nonsense!

I just saw that you didn't approve of it, didn't believe it, and didn't like it, but now you turn around and say that you are very optimistic, and you still want to invest...

When things are abnormal, there must be demons, will there be frauds?
Li Yu looked at Lao Xu suspiciously, trying to get some clues from his face.

But it's a pity that old Xu has a thick skin. Although he opened his eyes and told nonsense, he still maintained Oscar-level acting skills, and he seemed to have no sense of disobedience.

Ok……

"Old Xu, if you want to invest, you must welcome it! How much are you going to invest?" Li Yu asked with interest.

Li Yu is serious about attracting investment, because his cooperation agreement with Jianghuai Automobile and Guoxuan High-Tech has an investment task of 70 billion yuan. No matter how small a mosquito's legs are, it is still meat, and the investors are all uncles.

"Um……"

When it comes to investment, Lao Xu began to think seriously.

He not only wants to invest, but also seeks for his daughter a high-level position in Ward Motors and the right to speak, so that his daughter can completely enter Li Yu's circle.

Therefore, this investment must not be less, but he also feels that Li Yu's new energy vehicle company is a bit unscrupulous, and he is afraid of being in vain if he invests too much...

After thinking for a while, Lao Xu finally made a decision.

"Let's invest 10 billion, what do you think?"

Hey, it's 10 billion when you open your mouth, Li Yu was shocked by Lao Xu's big hand.

Could it be that I really misjudged him, this old guy is really optimistic about the new energy vehicle industry, and he was just performing with himself, wanting to bargain with himself on the issue of shares?

Ward Auto's initial investment valuation, cash + plant equipment + personnel, totals 25 billion.

Although it has only been established for less than a month and there are no products, the company's framework and team have been built, and its future development ideas are also established. Lao Xu's current investment must not be based on the initial valuation.

Well, for a friendly price, just add 5 million...

With a valuation of 30 billion and an investment of 10 billion, that is a valuation of 40 billion. Giving Lao Xu 25% of the shares is already very interesting.

Hearing Li Yu's conditions, Lao Xu didn't say much, and readily agreed.

An increase of 5 million in valuation is just a difference of one or two points of shares for him. Anyway, he doesn't have much expectations for Li Yu's new energy vehicle company. What's the difference between a little more and a little less?
What Lao Xu cared about was how to get his daughter out of Li Yu's pit.

"I have no problem with the matter of shares, but I want to arrange someone to join the company's management."

Old Xu made his request, which is very reasonable, after all, he is a shareholder holding 25% of the shares, and has the qualification to bring capital into the group.

"Okay, old Xu, who are you going to let into the company?"

"My daughter..."

Li Yu: "..."

Damn, I said why I always feel that something is wrong, so I dug a hole here and waited for me!
Li Yu glanced at Lao Xu with a foxy smile, and Cheng Lu, a beautiful woman with a surprised face, and suddenly felt like feeding a tiger with his body and sacrificing his life for the company.

Although he really didn't want to betray his luster, but he was a man, he spit and nailed, and he couldn't go back on what he said, so he could only accept the 10 billion investment with tears in his eyes.

"Okay, I'll talk to the other shareholders tomorrow, wait for my notice."

"Hahaha, don't be in a hurry, come on, let's make a toast to our cooperation!"

Everyone toasted with Old Xu, but everyone was still in Kaspersky's head.

Among them, Niu Ben was the most impacted.

He is a small boss who is about to go bankrupt. Where has he seen such a big scene?
Fuck me, a big investment of 10 billion was finalized with a few words at the dinner table. This meal is enough for him to brag about for a lifetime...

Eat dry and wipe clean, and go back to each house.

In the car, Cheng Lu looked at Lao Xu with a twisted and embarrassed expression.

"Dad, why do you suddenly want to invest in Li Yu's new energy vehicle company?"

"Hehe, I don't know your little thoughts? Hey, your father and I have limited abilities, and there is only so much I can do. You can figure out how to go the rest of the way..."

Being punctured by her father, Cheng Lu blushed even more.

"Oh, Dad, you are really serious. It seems that I am going to post it backwards..."

Old Xu curled his lips speechlessly, isn't it just a post?
I and my wife have struggled for half a lifetime, and have earned tens of billions of dollars, and I don't know which brat will be cheaper in the future.

Hey, I'm heartbroken!
"I don't care if it's a post, but I'm reminding you, remember to keep your eyes open when looking at people, and don't be confused by appearances.

My mother told me since I was a child that the more handsome a man is, the more he will lie, don't be blinded by beauty..." Old Xu said earnestly with a resentful face.

"Oh, Dad, you hate me so much, who said I was fascinated by Li Yu..."

Xiaofen punched Lao Xu, although it was very light, it hurt in his heart.

Hehe, it's almost written on the face, and you still say it's not?
I am heartbroken...

……

The next day
Jianghuai Automobile Company
After receiving a call from Li Yu and hearing that someone was willing to invest 30 billion at a valuation of 10 billion, Mr. Luo almost thought he heard it wrong!

The company has just been established, there is nothing, and even technology research and development has just started for a few days, so someone invested?

And also added 5 million to the company's valuation, and invested 10 billion!

Are investors' money so easy to cheat now?

Although complaining in his heart, Mr. Luo is still very happy, because with this 10 billion, Ward Auto can at least last until the end of the year.

As soon as the first car rolls off the assembly line, the future will be clearer.

"Hahaha, Mr. Li is really good. He has secured an investment of 10 billion so quickly. It is indeed right to entrust the operation of the company to you!"

If President Luo was in charge of Li Yu's management and operation of Ward Motor Company before, and he had doubts about Li Yu's promise of 70 billion investment, now, he has [-]% confidence in Li Yu...

Well, the matter of attracting investment is probably interesting, but I don't know if Li Yu can sell the car.

After reaching an agreement with the two shareholders, Ward Auto signed an investment agreement with Chenghua Investment of the old Xu family.

After the investment is completed, Ward Automobile is valued at 40 billion, Moyu Group holds 45% of the shares, Chenghua Investment holds 25% of the shares, Jianghuai Automobile and Guoxuan Hi-Tech each hold 15% of the shares.

At the same time, Cheng Lu also resigned from Xinwan Bank and formally joined Ward Auto, temporarily serving as the vice president of Ward Auto, responsible for quality control management, in simple terms, product quality and cost control.

"Mr. Li..."

Hearing the address of Cheng Lu, a beautiful woman who was so soft and charming, Li Yu felt goosebumps all over his body.

"Hey, can you stop calling me so intrusive? You should just call me Brother Yu."

"Oh, you want to take advantage of me, I'm one year older than you."

Cheng Lu rolled her eyes, then raised her fair chin arrogantly.

Hehe, the chick is quite arrogant...

"It's not good to call me elder sister. I'm calling you old. If we go out together, others will say that you are younger than me."

Men, you can never say that you are small.

However, hearing these words made Cheng Lu's ears feel extremely comfortable, the dimples on her cheeks were sunken, and although there was no wine, Li Yu almost got drunk.

"Really, am I that young?" Cheng Lu glanced at Li Yu shyly and timidly and said.

"Well, the face looks tender and small, but the place that should be big is not small at all..."

Li Yu's gaze moved [-] centimeters down from the dimple at the corner of Cheng Lu's mouth, and was just blocked by two mountains.

Swept by Li Yu's aggressive eyes, Cheng Lu trembled all over, and immediately couldn't take it anymore.

Pooh!
Dad is right, the more handsome a man is, the worse he is...

In order to prevent being molested by Li Yu, Cheng Lu quickly brought the topic to her own work.

"Seriously, why did you think of asking me to be in charge of product quality and cost control? These two are very important. Let me be responsible when you come up. I'm afraid I can't do it well..."

Cheng Lu still has a clear understanding of herself, and she didn't drift away just because her family was rich.

Whether it is product quality or cost control, it is the core business of the company, and any problem will have a major impact on the company.

Li Yu's arrangement for Cheng Lu was also carefully considered. In any company, product quality and cost control are conflicts and contradictions.

High quality means high cost.

The first-generation products of Ward Motors are positioned at low prices, so efforts must be made to control costs.

But Li Yu doesn't want to blindly pursue low cost. If the car is turned into garbage, no matter how cheap it is, it will be useless.

After much deliberation, Li Yu needed a trustworthy person who could handle the two businesses at the same time.

Only in this way can we reduce internal friction in the initial stage of the company and quickly find the balance between the two.

Although Cheng Lu's work experience is insufficient, women are inherently careful in doing things. They are suitable for both cost control and quality management. In addition, she is also a major shareholder of the company, so she can calm down when making decisions ...

After washing Cheng Lu's mind, Li Yu said encouragingly:

"I believe you will be able to do things well, and if you don't understand something, ask professional people."

"Also, I think that sometimes, professional people have limited thinking, and being unprofessional is your advantage. New energy vehicles are a new thing. If we want to achieve cornering overtaking, we must subvert the traditional car thinking... "

"So, think boldly, act boldly, and come to me anytime you have any questions."

With Li Yu's affirmation, Cheng Lu was full of energy in an instant, feeling clean all over, and now she has the urge to do a big job.

After sending away the beauty Cheng Lu with a bowl of poisonous chicken soup, Li Yu leaned on the boss's chair and stretched his legs leisurely.

The period around the Spring Festival is really busy, overworked, physically and mentally exhausted, it's time to lie down and fish...

(End of this chapter)