Zheng Li: "We can only talk about the next step after we survive."
Lei Jun: "I don't want to focus on cost-effectiveness because it's already deeply tied to rice."
"Over the years, I've been trying to break free from this limitation, whether it's splitting up Redmi or creating the Mix series."
"Dami Auto is going back to its cost-effective, price-cutting strategy, and I'm worried it will affect Dami Mobile."
Zheng Li: "Tesla was the first to act as a price killer."
Lei Jun nodded: "That's true, I feel much better now that you put it that way."
"The only way forward is not to lower prices, but lowering prices offers a glimmer of hope."
If the price isn't lowered, how can a regular-range Mi Car priced at 150,000 yuan compete with the Model 3, which has been reduced to 200,000 yuan?
As a top entrepreneur, Lei Jun has a keen sense of opportunity and can make decisions that best serve his immediate interests.
As for whether anyone can predict five or ten years from now, it's possible in five years, but impossible in ten.
Lei Jun continued, "We have to grit our teeth and keep going with DaMi Auto."
"Even if I fail in the end, I hope I have done my best."
"I also wanted to talk to you about the share transfer during my trip to Singapore."
“From my perspective, I think it’s a good thing that you transferred eight percent of your shares to Huaguo Investment.”
"Increasing the proportion of state-owned assets can provide some additional support, and at the same time, the shareholding ratio will be more balanced among the various capital groups."
Zheng Li nodded: "Actually, I've always wanted to introduce state capital, but there hasn't been a suitable opportunity. This time, Huaguo Investment came to me."
"I transferred a small portion of the shares to them at a reasonable price."
Zheng Li did not choose to tell Lei Jun the truth.
The matter that Cheng Gang reported to him was not part of the board meeting, and Lei Jun was unaware of it.
Because Cheng Gang was previously a professional manager at Shunwei Capital under Lei Jun, he intentionally distanced himself from Lei Jun to avoid suspicion.
Even if the news leaked to Lei Jun through Cheng Gang, Lei Jun, upon hearing Zheng Li's meaning, would not openly say anything to embarrass Zheng Li.
Zheng Li noticed the slight surprise on Lei Jun's face.
"I thought someone was putting pressure on you, so I was thinking of saying a few words of comfort."
"It's also a good thing for you personally. Cashing out eight percent of the shares at once will give you funds to allocate resources."
"From another perspective, expanding state-owned capital is beneficial to the subsequent development of science and technology innovation in biotechnology."
Continue read on readnovelmtl.com
