My rebirth is different

Page 1031

A few years later, each of them is a dominant company in their respective fields!

His main focus now is on the consumer electronics market.

The future smart phone, this is the largest technology market in the future, and it is also the industry with the largest market share and profit!

The real top technology companies in the world must compete in this industry.

Being able to be the first in this industry is the embodiment of real comprehensive strength.

Of course, there is too much preparatory work to do to achieve that step.

…………

On this day, after Wang Jinbao and Yu Wenfei reported to work by phone, they suddenly remembered something.

"Mr. Fei, one of our partners is Mr. Wang, the boss of BYD who provides mobile phone batteries to the company. He is also the cousin of Mr. Wang, the vice president of our company. He has long said that he hopes to visit you. Would you like to see me?" Woolen cloth?"

This matter was originally mentioned by Vice President Wang after the year.

However, seeing that Yu Wenfei has been busy, Wang Jinbao didn't dare to bring it up. In addition, Legend Mobile has been busy acquiring MediaTek a while ago, and it has been delayed until now.

Yu Wenfei became interested when he heard it. Mr. Wang of BYD is the No.1 private car manufacturer?

Moreover, BYD developed quite well later, and many people underestimated BYD's strength.

In the battery, electric vehicle, and foundry industries, BYD is a giant in the world.

Even Mercedes-Benz will join forces with it to create pure electric vehicles.

At this time, that Boss Wang should start building cars, probably not going well.

Then what did he want to talk about when he saw himself?

Pull investment?

Or do you just want to talk to yourself about business operations?

Yu Wenfei agreed immediately, "No problem, just let him come over. Just give my secretary a call before coming. I've been working here in the science and technology park for a while, and I won't go abroad."

…………

Mr. Wang of BYD is also a "wonderful work" in the Chinese business world.

Don't look at him as ugly, like an uneducated migrant worker.

But in fact, he is an absolute high-achieving student, and he is not only knowledgeable, but also ambitious!

In 1987, he graduated from Central South University with a major in metallurgical physical chemistry. In the same year, he entered the Capital Nonferrous Metals Research Institute to study for a master's degree. After graduation, he stayed in the hospital and worked. He resigned in 1995 and founded BYD Company, which uses "labor-intensive production processes" to produce nickel-cadmium batteries.

Since 1997, BYD has entered the international market and successively launched nickel-hydrogen batteries and lithium-ion batteries.

Due to the high cost performance, the business is very prosperous.At that time, lithium batteries for mobile phones produced in Japan cost $8 a piece, while BYD only cost $2.5.

Soon, BYD's customers included Motorola, Ericsson, Philips, Bird and other domestic and foreign mobile phone manufacturers, becoming the number one rechargeable battery manufacturer in China, and Mr. Wang was called the "Battery King".

In July 2002, BYD was listed on the Hongkong Main Board, raising funds of 7 billion Hong Kong dollars.

The market value of the company exceeds [-] billion!

BYD is at its peak.

Ordinarily, Mr. Wang should concentrate his energy and financial resources and continue to make efforts in the field of rechargeable batteries.Because the mobile phone market was booming at that time, the demand for rechargeable batteries was huge, and the market was far from saturated.

But Mr. Wang is not, he is going to build a car!

On January 2003, 1, the battery king suddenly entered the automobile industry.

On the same day, BYD announced the purchase of 2.7% equity of Qinchuan Automobile Company for 77 million yuan, and continued to increase its holdings in a short period of time, finally reaching 92%.

Faced with the confusion in the market and the company's investors, Mr. Wang did not deny his intentions. He publicly announced that "Xi'an Qinchuan can be used as an entry point to enter the electric vehicle market."

BYD is going to build a car!

And it's an all-electric car!

This news is too shocking, because the car manufacturing industry is not something ordinary companies can enter.

For the battery king to build a car, no one from all walks of life was optimistic about it.

An electric car is not just a sofa with a battery, a motor, wheels on the bottom, a roof on the top, and a steering wheel.

Automobile is a typical capital-intensive and technology-intensive industry.Moreover, BYD's net profit in 2002 was only 6.58 million yuan, and it was impossible to talk about car manufacturing technology. With such a little strength, it dared to build cars.

At that time, some media said: "BYD's car building is a bold advance of the ignorant and fearless."

In 2004, BYD was officially facing the biggest difficulty...

After spending a high price to invite foreign design companies to develop models, after getting them, the company did not approve them internally.

Because everyone thinks this car is too ugly!

Mr. Wang is facing a dilemma. On the one hand, he spent more than 1 million yuan to hire a professional company to design the model.

On the other hand, there are risks that may not be recognized by the market.

At this moment, he received a call from his cousin, saying that Mr. Fei agreed to visit him.

Mr. Wang was overjoyed, he had always wanted to meet Mr. Fei, and the purpose was to hear Mr. Fei's opinion on the matter of building cars.

Because among the new generation of entrepreneurs, Mr. Wang believes that Mr. Fei has the longest vision and the most accurate vision!

………………

On the afternoon of the second day after Yu Wenfei agreed to meet Mr. Wang, he received a call. Mr. Wang had already arrived in Shanghai, and he was now outside the science and technology park.

He was a little surprised that the opponent was so fast.

But it doesn't matter, let Pei'er go down and pick him up.

Not long after, there was a knock on the door of Yu Wenfei's office, and Pei'er walked in with a middle-aged, short and fat man, who should be Mr. Wang Fusheng.

The well-known Mr. Wang is a bit slovenly, wearing a bulky suit, carrying a bulging handbag, and there is still a lot of dust on the leather shoes.

Looking at the thick and fluffy wool carpet in Yu Wenfei's office, Wang Fusheng was a little cautious, he secretly lifted his shoes and rubbed them on his trouser legs.

Yu Wenfei greeted him with a smile, "Mr. Wang, welcome, come, come and sit."

Only then did Wang Fusheng follow Yu Wenfei with his leather bag, came to the sofa and sat down.