Chapter 353 Big News



After listening to her father's words, Chen Anan instantly felt that she had grown up a lot, and then she would return to her factory appearance after a few days.

She's probably like this at her age!

In the evening, she decided to take Xiaopi Ya shopping to let her know the current basic prices.

But she seemed to have forgotten one thing: her family always bought the best things.

Don't look at the price at all.

There are many high-end shopping malls in Shanghai, but her favorite is Global Harbor, Putuo’s iconic shopping building.

When she first came here, Chen Anan met her best classmate Yang Lele.

Yang Lele is different from Xiaozi and Xiaomi. She studies very seriously.

I played with her for a while before, so I definitely have some experience with her.

A super yacht worth more than 200 million and a mountaintop villa worth 2 billion.

Even with this situation, her mother Zhang Cuicui often taught her that as long as she studied hard, she would have everything in the future.

Yang Lele obviously believed it.

The three of them were shopping in a big shopping mall together.

May Day holiday.

Tengying Group has big news: after more than a month of negotiations, it finally acquired a complete set of vehicle technology from Russia at a cost of RMB 7.8 billion.

Thoroughly and pragmatically develop a full set of technologies in the basic sector of new energy.

When the news spread back to China, this became another major global automotive acquisition after Geely's acquisition of Volvo.

Volvo acquires the entire vehicle, while they are merely acquiring technology that others have accumulated over a hundred years.

Fortunately, the Americans have no control over our fighting nation, otherwise the introduction of such a large amount of technology would definitely be subject to control.

In order to digest these technologies, Chen Pingsheng also announced at the Tengfei New Energy headquarters that in addition to Shanghai, Tengfei will also establish research institutes in Wuhan, Xi'an and Beijing.

Each allocated 2 billion.

Since then, his funds have been almost exhausted.

As of May 2017, Tengfei New Energy has invested a total of 85 billion yuan, far exceeding those new Internet car manufacturers.

The strangest thing is that they didn’t even hold a press conference or release a concept car.

Reporters who want to actively interview Tengfei New Energy will be turned away.

This is a huge difference from the general new forces in car manufacturing. You must know that newly established brands either want to raise funds or want their brands to become well-known quickly.

Both require the contribution of journalists and major media outlets.

Since Tengfei was founded, only a few donations from universities have been reported in the news.

No news was released to the public afterwards. Even after completing such a large acquisition, Tengfei kept it secret.

This is totally inconsistent with corporate propaganda.

The main reason is that Chen Pingsheng does not need financing at all. Secondly, his strategic goal is to go overseas first and then transmit it to China.

Seriously speaking, Chinese people don’t have a very good impression of domestic car brands.

The main reason is that compared with overseas cars such as Honda, Toyota, and Volkswagen, domestic brands will have a lot of minor problems after driving for a few years.

This has also given everyone a certain stereotype.

When we see domestic brands, we tend to think they are cheap and of poor quality.

This is also the main reason why Chen Pingsheng wants Tengfei to become famous in overseas markets first.

He has a Premier League football club, and as soon as the Premier League starts, the Tengfei New Energy brand logo will be put on it.

After more than a month of negotiations, Leicester City signed Ding Ding from Manchester City for a sky-high transfer fee of 100 million euros.

This season's Premier League has two big players, Mbappé and Díaz.

The results shouldn't be bad.

If Leicester City can develop a world-class star, he will make a fortune.

The essence of football is that it costs money.

If Leicester City can qualify for the Champions League from the Premier League, Tengfei New Energy will also be able to reap the benefits.

Chen Pingsheng was at the Tengfei headquarters, planning every step forward in detail.

New energy vehicle manufacturing is not just a concept, it is also an excellent opportunity to overtake others.

In addition to refrigerators, color TVs and large sofas, strict quality control is the key.

To put it bluntly, quality comes not only from proprietary technology, but also from strict management of the entire supply chain.

A car is not made up of a single component, it is made up of thousands of components.

From a small screw to a large tire pillar, extremely strict quality control management is required.

Chen Pingsheng has had experience in this area for a long time. Any supply chain management is half successful as long as there is no corruption.

It's like a screw. You clearly want to purchase the 5A-grade quality one, but the buyer gave someone a million-dollar red envelope.

They immediately changed the status from 5A to 3A.

Another situation is extreme squeezing, which can easily lead to quality problems.

To put it bluntly, in order to control costs, component manufacturers in the supply chain are given only a very small gross profit.

In order to make money, people have to pass off inferior products as good ones.

It would be strange if there were no problems with the product you assembled.

A domestic brand with the best value for money has this problem.

Often the first batch of products are fine, but the ones produced later will have more or less problems.

After three days of discussion with Xu Dong, Yan Donghui and Zhang Qiming, Chen Pingsheng finally determined his core supply chain management.

First, it is necessary to ensure that all large and small supply chain manufacturers of Tengfei New Energy have sufficient profits.

Although this will increase the cost of car manufacturing, the benefits are also unlimited.

If others don’t make a profit, it is impossible for them to upgrade to better products.

Secondly, once there is no profit, they will try every possible means to pass off inferior products as good ones.

This is very detrimental to the long-term strategy of any brand.

Tengfei New Energy even plans to establish its own component supply R&D center.

To help the small manufacturers or high-quality manufacturers under its umbrella to grow together.

This can only be a later goal for now. If you want to do this, it is impossible without one or two hundred billion in funds.

A large supply chain management and product selection team was established, which was directly led by Zhang Qiming, former vice president of BMW.

All three of them hold 5% of Tengfei New Energy's shares, so you can calculate based on the current net investment of Tengfei New Energy.

This share is worth four or five billion. No one would bet such a huge income on that little red envelope unless they are stupid.

Moreover, his supply chain management is the same as the purchasing of Tenghui Department Store. He reports corruption, and all the money embezzled by others, whether it is one million or several million, is his personal property.

Whenever this rule exists, everyone will keep their eyes on the person around them who wants to embezzle money.

It has never been difficult to investigate corruption, the key is still the absolute system.

Up to now, there has not been any case of corruption among purchasing agents at Tenghui Department Store for a year.

There were quite a few in the early days, most of whom were reported by friends or subordinates.

The reason is simple: the temptation is too great.

You take the money cautiously, but I report it openly.

They can also get hundreds of thousands of dollars or a high-level position from you.

Not to mention ordinary relationships with colleagues, I would even report my brothers.

If a man does not work for himself, heaven and earth will punish him. Isn’t this an old saying?

The Gigafactory is expected to be completed by August, and supply chain management is imminent.

Chen Pingsheng plans to spend half a year to perfect the entire product selection team.

He finally understood the real reason why so many people couldn't build a car after making a PPT and getting billions in loans.

Without 20 billion in starting capital, it is impossible to build a good car.

Even if it is produced, it is just OEM production.

This is totally inconsistent with his future expectations, and he will have to wait until he has completely digested this batch of technologies.

It is expected that by this time in 2018, Tengfei New Energy will be able to conduct offline testing.

(End of this chapter)

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