Charlie graduated with a double bachelor's degree in journalism and Chinese, so he spoke Chinese directly.
“Compared to business, I actually prefer art.”
"I know that. I heard you're going to hold a concert in Stuttgart?"
The two started chatting, moving from art to business. The theme of the interview was still new energy, and Xia Yu almost occupied the headlines of new energy in 2019, surpassing the Rui Iodine Environmental Protection Girl next door in terms of topic.
"Yes, in December I will travel to the United States to hold a groundbreaking ceremony for our overseas branch factory and hold a charity concert for environmental protection there, contributing my own strength to the local environmental protection cause."
"Can you tell us about Jierui Power? We've witnessed its rise over the past year, but we know so little about it."
Sitting by the lake, Charlie talked about Jierui Power.
"In fact, the rise of Jierui Power is inevitable. The development of the times requires us to abandon large and bulky antique batteries and develop new batteries with higher energy density and greater economy. We have simply produced results according to plan."
Xia Yu did not keep a low profile this time. He needed the topic to be more controversial.
“Did you create a tech unicorn as planned?”
A unicorn company generally refers to a company with a valuation of more than US$1 billion, which has been established for a relatively short time and has not yet been listed in the investment community.
With leading technology, two factories in China and one branch overseas, the outside world values Jierui Power at around US$3.5 billion.
His Xia's Catering has a higher valuation, around 40 billion RMB, but the upper limit is still higher for Jierui Power.
"Yes, preparation is the key to success. Without a clear plan, you may succeed temporarily, but you won't be successful all the time."
"When an industry reaches its peak, it's the beginning of its decline. You have to look for the next opportunity in advance. The oil economy had already reached its peak before I was born. Even though oil resources are far from exhausted, the burning of fossil fuels has had a severe impact on the climate."
"New energy is the outlet I found, but making cars is too complicated, so I finally chose to make batteries."
Xia Yu talked freely and described his own mental journey. Many people think so, but few people can do it like him.
"You make power batteries. Batteries have many applications in human life. Don't you consider this market?"
"We'll consider it later, but right now we have so many orders for power batteries that we can't finish them all."
When talking about this issue, Xia Yu gave a half-truthful answer.
The world is not black and white, but there is darkness hidden beneath the colorful world. Jierui Power is in a hurry to seize other battery markets before it has established a firm foothold in power batteries. It will probably die a miserable death.
There used to be a monopoly alliance called Sun God. Their goal was to kick out any manufacturer that dared to produce light bulbs with a lifespan of more than half a year.
The plan started with incandescent lamps and later involved daily necessities such as refrigerators and washing machines. Many people lament that things nowadays are not as durable as before. Why are things not durable while the times are developing? This is the reason.
Now the alliance is gone, but the default obsolescence policy it proposed remains far-reaching.
For example, the battery capacity of smartphones has not been improved for many years, and replacing new batteries has become increasingly cumbersome. These are actually intentional.
If I gave you a 10,000 mAh battery, would you still be willing to change your phone if you are not a digital enthusiast?
If everyone is stubborn and refuses to replace their phones, will so many manufacturers be left with nothing? Even if there is no demand, they have to create it. This is why Xia Yu doesn't touch mobile phone batteries.
However, after seizing most of the power battery market, the products provided by Jierui Power will also be iterated many times, which may have the effect of reducing the dimension of the entire industry.
That would be interesting, and Xia Yu is looking forward to that day coming soon.
As the interview progressed, their conversation turned to the farm at their feet.
"This is where my career started. Relying on the organic ingredients produced by the farm, I opened a restaurant and reaped the joy of my first success. You all know what happened next."
"Xia's Catering, right? I heard it's going public soon."
Two breaking news stories in October, combined with Xia Yu's previous commotion, led to Time magazine issuing an invitation.
"Yes, Xia's Catering has grown into a large catering company. I think going public will bring more possibilities for future development."
When talking about the main topic that Xia Yu wanted to talk about, he suddenly became energetic.
"After the company goes public, you will reap even more wealth. Perhaps you will become China's youngest 100 billionaire."
"I'm mentally prepared for this, but when wealth reaches a certain level, it's just a string of numbers. My idea is to use it to give back to humanity."
Xia Yu began to elevate the theme, and this was also his true feelings.
What’s the difference between earning money and not spending it and it being waste paper? Holding on to 100 billion makes you a miser, while spending 100 billion makes you a true rich man.
“You want to invest in charity.”
Charlie asked, there is a difference between true and false charity. For example, many wealthy people abroad donate money to foundations. Their primary purpose is to avoid taxes, and charity is secondary.
"I'm already doing charity work. I'm mainly talking about technology. My friend Musk wants to colonize Mars, but I'm thinking about the entire solar system."
Humanity should not stop at Mars. Before the end of the 21st century, that is, before Xia Yu turns 100, he hopes that human footprints can leave the mother galaxy and head towards the sea of stars.
"He's doing well with his rockets, and we should have many areas of cooperation in the future."
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