Reborn Entrepreneurial Giant
Chapter 927 Strategic Battle
The plague and swine fever superimposed on the pig cycle, the price of pork rose to more than 30 yuan, the stock price of pig breeding skyrocketed, and agricultural breeding companies made huge profits, which shocked Qu Li, who only bought stocks, and speculated too crazy.
I cashed out several pork stocks and made an average profit of about 5 times. Because the principal invested was not much, it was a small profit. Then I bought COSCO Shipping because shipping, an important channel for global trade in epidemic prevention and control, will definitely be affected. If you can earn another 5 times, you have to consider the market value. If the shareholding ratio exceeds 5%, it will be difficult to run.
The main stock speculators are United Group, and United Insurance is still the major shareholder of Moutai. After several dividends and cashouts, there are still 12 million shares that have not been sold. The stock price has risen to 1,300 yuan, with a value of 15.6 billion and a profit of more than 14 billion. This is a big deal in the world. A-shares are no small miracle. But Moutai can be sold if its stock price exceeds 2,000. United Group needs cash to reduce leverage.
Although the United Group's acquisition of Chengdu Rural Commercial Bank and Thai Insurance Company attracted considerable attention in the industry, no one in the mass media paid attention to it, so it did not become a hot news. The only regret is that the merger of its banks could not be achieved. We can only call one Bank Wealth Bank and the other United Bank Bank, and strive to change the name to United Wealth Bank Bank in the future.
After completing this acquisition, it basically means that the United Group has got rid of the control of Huxiang local government and has the basic conditions to become a multinational financial giant.
Industry and finance complement each other. For example, the use of integrated die-casting technology and battery-chassis integration technology will reduce the economics of car maintenance. Some insurance companies want to take the opportunity to raise prices to curb the development of Geometry and Tesla.
Can Qu Li endure it? No way! So, at this time, you have to either acquire/form an insurance company yourself, or indirectly affect car sales through price increases. Later, Biradi acquired Yi'an Property \u0026 Casualty Insurance, probably because the insurance company wanted to increase prices for new energy vehicle companies.
Many automakers have insurance intermediary licenses, and geometric self-operated models are even more needed. GAC holds Zhongcheng Insurance, FAW holds Xin'an Insurance, and Geely later became the largest shareholder of Hezhong Property \u0026 Casualty Insurance. Foreign car companies even have their own auto finance companies. Sales volume in Qianqiu is close to 3 million vehicles in a few years. How could they not make preparations.
Qu Li has never put his eggs in one basket. United Group is the most important partner. The two parties have a joint venture auto finance company. Future Geometry has the qualification of an insurance intermediary. It is logical to continue to expand into the field of property insurance. As for the foreign part, it still depends on the situation, and priority is given to cooperation with local influential companies.
There is always a choice in the future, whether it is finance, insurance, or public opinion, it does not rely on glory, but on the beauty of time. WeChat and Instagram have more than 1 billion active users abroad, and including domestic users, both are close to 2 billion, overwhelming the world's most powerful users!
Geometry International's internationalization is not difficult. Their brand is based on the above. They first have a globally recognized high-end brand, and then they have the Pratt \u0026 Whitney Lantu brand.
It is slightly different in China, but through the Internet, many people have grown up watching the future. Amidst the doubts, Qu Li adhered to the principle: on the premise of ensuring quality, sell as much as you produce, not how many orders you have. Just produce as many cars as you want.
Qu Li explained time and time again that he was not hungry for marketing: "I want to maintain a balance between car quality and speed, and adhere to the principle of quality first..."
Domestic consumers first had the impression of high quality, and now Qiancheng Lantu wielded the price butcher knife, which brought a huge impact to the domestic automobile market. The most severely damaged may be domestic brands, followed by French, Korean and American cars, and finally Japanese and German cars.
However, Biradi wants to transform into a pure electric vehicle company, and domestic independent brands have accelerated their transformation. In the next few years, a large number of electric vehicles will be put on the market, and some companies have ambitious plans to go overseas. Now it just gives them more power.
The effect of price reduction sales is significant. The monthly sales volume of two small cars exceeds 10,000 units. The monthly sales volume in five Southeast Asian countries is close to 5,000 units, setting a record. Lantu Fuguang's monthly sales exceeded 30,000, ranking among the top three in the country. Qiancheng CS6, excluding the plus version, had monthly sales of more than 35,000. Plus, the monthly sales of plus were close to 15,000. The two CS models sold approximately 20,000 in August, returning to their peak again. period!
Lantu Yaoguang, Xingguang, and Qiguang have not reduced their prices. The three brands have a combined monthly sales volume of about 20,000 units. Lantu Chasing Light has not changed much domestically, with monthly sales of about 10,000 units. It is very popular in Europe and the United States, with monthly sales exceeding 10,000 units. Ten thousand.
In other words, Qiancheng's fuel-powered vehicles sold more than 140,000 units in a single month in China. When the news was posted online, there was only one word to describe it as "horrible." Unlike Bradi's success, there is a lot of criticism and dissatisfaction behind quality issues. The development of future geometry is full of restraint. The joint venture car company has never made the determination to cut prices and promote sales. It has time to develop calmly.
Well now, CMEF has taken the initiative to start a price war. If joint venture cars are going to be reduced in price, is it going to be done in one step so that the price is lower than Lantu, or is it just a "status quo"? This decision was not easy to make. Domestic car companies responded faster and cut prices of benchmark models one after another.
We must know that the scale of the domestic automobile market fell by 8.5% last year, and independent brands were severely damaged. We had already accumulated a lot of momentum, and some car companies have started promotions, but few people paid attention to them. Now 5eance Geometry has taken the lead in price reduction promotions and launched independent brands. The counterattack on joint venture cars is hotly discussed on almost the entire Internet! This is the proper position of taking the lead.
Various media outlets have reported on this incident on a large scale. The major car companies have not admitted that CMake is the "big brother", but they have not denied it. After all, CMBC's current status has been won by hard power.
This is a tough battle. The success or failure of Lantu's fuel vehicles is not important. What is important is the misjudgment of foreign automobile giants and the missed opportunities for the development of pure electric vehicles. The pure electric vehicles of Lantu and Saab will be put on sale in 2021. If there are not many competitors in 2022, isn't it a win?
The price war initiated by Lantu can be said to be a major battle at a strategic level. It is a conspiracy. Whether domestic and foreign automobile giants follow or not, they will all be passive unless their professional managers have the courage to bear the burden of fuel. The risk of a decline in the automobile market will lead to a comprehensive transformation into pure electric vehicles.
From this perspective, it seems reasonable to say that Biradi is a loser in fuel vehicles or a success in pure electric vehicles. In the past few years, Biradi's plug-in hybrid strategy has been vacillating, until the Saab DMi super hybrid came out to dominate the world. This time, Lao Wang found that Biradi was very close to success.
Biradi will put two-speed DHT hybrid cars on sale this year, but Qu Li doesn't care. His lithium iron phosphate dragon scale blade battery has finally been successfully mass-produced! (End of chapter)
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