Shen Dong held up three fingers and said, "Three hundred and fifty thousand."
Chu Xinghua and Chen Ke exclaimed at the same time, "This is too expensive!"
Shen Dong laughed and said, "A Santana costs more than 200,000 yuan. Our Tengfei Auto's appearance, quality and performance are much better than the Santana. Why can't it cost 350,000 yuan?"
"Old Chu, Mayor Chen, our Tengfei Auto is positioned as a high-end car. If it only sells for a few hundred thousand, that would be a waste of resources."
Chu Xinghua took a deep breath and said, "You capitalists are truly ruthless. Honestly, how much money do you make from one car?"
Shen Dong spread his hands and said, "I'm not too sure, but it shouldn't be less than 100,000."
Chu Xinghua sneered, "It's no less than two hundred thousand, isn't it?"
Shen Dong said, "Even if it's 200,000, I won't make a profit. Old Chu, you need to understand that the automotive industry is like the technology industry. To win in the market, you have to invest heavily in research and development. Next year, my R&D investment at Tengfei Auto is 10 billion. You can calculate how many cars I need to sell to earn 10 billion."
Chu Xinghua said, "I've calculated it. One hundred thousand vehicles is equivalent to three months' production."
Shen Dong said irritably, "Production is one thing, but the key is whether we can sell them. Besides, even if we can make 200,000 yuan per car, it won't all be mine. Don't we need to pay the R&D staff? Don't we need to pay the factory workers? Don't we need to pay the car sales staff? Don't we need to pay the rent for the 4S stores? We've calculated that to break even, we need to sell at least 300,000 cars a year."
Chu Xinghua asked with a hint of doubt, "Really?"
Shen Dong said, "I'd give you candy if I lied."
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