Reborn Entrepreneurial Giant

Double Eleven in 2012 is coming soon. This is one of the two most important e-commerce shopping festivals in a year. The business war in September will still be remembered in November. The media has a lot of expectations for this shopping festival.

Both Dadongzi and Xu Lei are gearing up, hoping to set a benchmark for their successors, but Qu Li and Lu Qi do not focus on the shopping festival itself, and regard it as a way of publicity and promotion that can attract a large number of users to interact and participate.

There is Double Eleven in China, and Black Friday abroad. Shopee lags behind Amazon, eBay and Wal-Mart e-commerce in the North American market, ranking fourth, and is also eligible to participate.

So, the two months at the end of the year are really not easy for Jumei. It's really unreasonable for Qu Li not to go back to help. Unfortunately, he was just about to leave for the south when an accident came to him.

As I said before, Quli has invested in several domestic leading companies in the photovoltaic and wind power industry chain in the future, such as LONGi, Mingyang Wind Energy, and Sungrow. Because of financial support, they have carried out a certain degree of expansion successively. At the same time, they have recognized the current high-risk proposal and implemented the plan of not taking the lead and not expanding production.

Originally, everything was normal, and Longi, who was not short of money, was not in a hurry for an IPO. For some reason, he became a partner with Wuxi Suntech, the number one in the country and the world leader, and gave Suntech a lot of goods on credit.

Unfortunately, starting from October this year, with the increase in taxation of domestic photovoltaic companies in the United States, the European debt crisis spread, and countries tightened subsidies, the global photovoltaic market quickly turned from prosperity to decline.

Some domestic companies that focused on capacity expansion in the early stage and had chaotic internal management have been hit by thunder one after another, especially Wuxi Suntech, the most representative photovoltaic company. From founders to corporate executives, there is no one to worry about.

There are too many controversies about the various behaviors of the founder of Suntech. Anyway, in Qu Li's view, that guy has a lot of related transactions, and he doesn't look like a good person no matter what. Some investors filed a class-action lawsuit against Suntech in the United States, and various problems surfaced one after another, and their capital flow was close to breaking down.

In other words, the money Suntech owes Longji may not be repaid.

"How much do they owe?" Qu Li looked at the recent financial news. It seems that Suntech owes about 25 billion to banks, suppliers, etc. The founder and CEO only wants the local government to help solve the problem, and he doesn't take out any money.

"Close to 500 million." This means that 500 million is basically in vain. In the previous life, it was only more than 100 million, but now it has increased by nearly 5 times. Entrepreneurs do not need money to "build"

"What was Longji's revenue last year?"

"More than 2 billion, and the net profit is about 300 million. In addition to the 500 million accounts receivable, we have other arrears..." Longji CEO Li Zhenguo said

"How serious is it?" Qu Li

"Our cash flow is at risk of breaking at any time." Li Zhenguo

"..." Qu Lizhen didn't expect such a situation, what should I do, should I continue to lend money to Longji? In what name?

"What do you want?"

"Can you give us another investment?" Li Zhenguo asked

"Do you think investors should support you unconditionally no matter what mistakes you make?"

"This loss is due to..."

"I want to arrange for someone to look at the original data and investigate the whole thing, is that okay?"

Li Zhenguo hesitated. After this time, there will be a next time. Is Qu Li going to intervene in Longji's operation? He tried to stop it.

"Why don't you think of other ways, I'll go through regular channels here." Qu Li is unwavering. Now he doesn't think that some companies can't make a living without anyone. The domestic subsidies for the photovoltaic industry are the reason for their growth. The key to taking the right path: as long as we insist on replacing the cost advantage brought by scale with technological progress, we can win the final victory.

LONGi was not listed. At this time, the entire photovoltaic industry fell into a cold winter, with no hope in sight. The company lacked financial support, and the consequences were very serious. So Li Zhenguo didn't have much choice, either he would submit to Qu Li or someone else. Qu Li is so ruthless that even Chrysanthemum Factory and Biyadi can cheat, let alone a photovoltaic company like Longji that is both important and not particularly important.

Arranging people to go to Longji to do "due diligence", Qu Li booked another flight to Yangcheng, another accident, Cheetah Feiteng experienced quality problems in a large area, and the reason was in the Biya Dixingsha foundry.

"What's going on?" Qu Li didn't pay much attention to Cheetah, but when looking at the data, he seemed to remember that Cheetah Feiteng sold well, which also drove the sales of other models such as Cheetah Black King Kong.

"Cheetah cooperated with Biyedi, saying that it could reduce costs and increase profits, so some adjustments were made to the product, and then Mr. He went to Biyedi Xingsha factory to see that their production line process level is not high, staff training Not in place..." Lu Tao

"Don't be Hei Dizi!" Qu Li was a little worried

"It's already very tactful."

"What are they going to do with it?"

"Cheetah's own factory is about to be built, and will produce by itself in the future. Now we will continue to cooperate and strictly control..."

"What do you think?" Qu Li was noncommittal

"There is no good way. Let them maintain the after-sales service, control public opinion, and strengthen production management. Cheetah Factory arranges people to come to us for training and learning..." Lu Tao

After hearing this, Qu Li felt that this method was already good: "How did the responsible person deal with it? Is there any..."

"Biyadi's people are not within the scope of management, and some people from Cheetah may be transferred." Lu Tao feels that this local state-owned enterprise has more than enough energy, and he is not Qu Li, so he dares to point and scold others directly.

Qu Li did not expect that his image in the eyes of his own people would be like this. Although there are no taboos, he still respects the old people like the chairman of Changfeng. Although Cheetah Motors is important in Changfeng, the person in charge is not high-level, and it has been done a long time ago. Plan to be scolded.

"Will this batch of defective models be recalled?" Qu Li asked again

"Won't……"

Qu Li was speechless and helpless: "I heard that the production management systems of the American, German and Japanese systems are different. Now we have integrated some experience from the Japanese and German systems. Will there be incompatibility issues? Have we had major quality flaws ourselves?"

"Probably not. We do positive research and development and have our own understanding of the entire manufacturing process..."

"Saab Automobile and the European Research Institute have no influence on us?"

"We haven't formed our own system yet, we only have facilitation now."

Qu Li was a little embarrassed. He was about to run away before he learned how to walk. Car quality control needs to be persisted for a long time. Even in the era of electric cars, it also needs to be paid attention to.

There are more than 30,000 spare parts for fuel vehicles. It is almost impossible to have no problems. If you really want to do a good job in quality control, reducing the number of spare parts is the key. The one-piece die-cast body is very important. Fortunately, there are about 10,000 spare parts for electric vehicles. Quality control The difficulty has been reduced a lot, and this is the opportunity to build new car forces.

The future has a long way to go. Fortunately, there are cheetahs who can help them find the way and grow based on their experience, so they can avoid making many mistakes, right?