I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 267 Chapter 093-094: The year-end end of Hillhouse in 2011! (Two chapters in total)
2012 years.

January 28th is ten days away from the Lunar New Year.

Time flies so fast, and it’s the end of the year again in a blink of an eye.

From 2004 to 2012, in a total of 8 years, Hillhouse Group became a medium-to-large technology-based new company spanning electronic technology, automobile production, and diversified small white goods.

And Gao Huaijun also grew from a 22-year-old boy to a 30-year-old domineering president!

At the beginning of 2012, Hillhouse Group had several changes compared to previous years.

One is Hillhouse Technology, the flagship BG started by Hillhouse Group. It has started its listing schedule, and within a few months of preparation, it has now reached the accounting firm DTT (Deloitte) and a non-litigation red circle firm. , the qualification review stage will be carried out together, and the next step will be the most critical pre-IPO stage.

The person who makes the rules is the most powerful one, and all the remaining participants are passive recipients.

Compared with the Angsa Group or the Youtai Group in the beautiful country, Hillhouse Group is just a small Kalami among small Kalami.

Gao Huaijun needs to seriously consider the positioning of Hillhouse Technology in the financial field.

In today's financial world, the big fish eat the small fish, and the fast fish eat the slow fish.

Within the rules of the game with Meiliyuan as the core, how can Hillhouse get enough financial dividends? It must carry out financial financing and securities lending under the Meiliyuan system. However, how to get out immediately in 2019, or It is to minimize the impact of relevant events in 2019.

This is the core issue that Gao Huaijun needs to consider first.

This represents the highest strategy of Hillhouse Group.

Because Hillhouse Group has external capital, it is now difficult for Hillhouse Technology to be listed on the Big A and Pengcheng stock markets. Now Gao Huaijun's idea is to be listed in the beautiful country or in a free port.

As for non-mainstream places like the Great Corruption Country or Po County, Gao Huaijun has not considered it for the time being.

The premium for listing in Beautiful Country will be relatively higher, and the difficulty of borrowing securities will also be reduced because Hillhouse is listed in Beautiful Country, and investors there will be more familiar with Hillhouse.

Freeport listings, on the other hand, are relatively safer because they face the motherland and are backed by the mainland.

However, both Beautiful Country and Freeport listings have their own pros and cons.

The second is the performance of the two companies, both of which have reached new highs!

Hillhouse Technology Section.

Hillhouse Technology launched a hit product in 2011, Hillhouse nova!

For this product alone, so far, in just two months, the sales volume of more than 2011 million units launched in 150 has reached an output value of about 30 billion.

Such a product can determine Hillhouse Technology’s ecological niche among mobile phone manufacturers!

As for matepad, this old product of Hillhouse Technology, it has launched a micro-innovative sixth-generation tablet computer, matepad6. Compared with matepad1, this tablet has made great progress. At the same time, this classic tablet computer has made great progress. Product, in accordance with Gao Huaijun's request, another micro-innovative track minipad was launched.

matepad6和minipad这两个新产品和matepad5这个老产品，在整个2011年整年的销量达到了108万台，已经相比较2010年整年60万台都不到，有了较大幅度的增长。

And the overall sales reached an astonishing 25 billion!

Honor magic has launched its fifth-generation product, Honor magic 5.

Because the overall quality of this product is very mediocre, and it does not have powerful assistance like a beauty tool like Hillhouse Nova, in 2011, the sales volume of the entire Honor Magic series was only about 100 million units, and For a long period of time in the future, without Gao Huaijun's dedicated empowerment, this model will not be able to become the king of the low-price segment when all competing manufacturers are launching homogeneous models.

But even so, the sales of more than 100 million units have generated an output value of nearly 26 billion.

It is indeed Hillhouse Technology’s long-standing traffic product.

The second generation of Hillhouse Smart Screen serves as another main traffic force.

In 2011, sales reached 48 TV sets.

In 2009 and 2010, the traffic of this product could be the top one. Although it was also important in 2011, it has degenerated into one of the important matrices.

From this we can also see the results of Hillhouse’s product matrix construction.

But even so.

In this era where Douyin does not yet exist and Internet mobility is still in its ascendant, although the iteration speed of TV is not strong, the traffic is still very powerful.

Products such as televisions are in a state of high-frequency use at home.

Most people are still using function button machines and are not used to using smartphones that use their fingers to touch the screen.

After all, many of these people are born in their 50s and 60s.

It’s still hard for you to accept new things as quickly as a young person.

The sales of these 48 TVs alone still reached 28 billion!

After the mate5 was launched in the first month and achieved an amazing performance of 90 units, in 2011, a slightly innovative product mate6 was also launched.

Although this launch did not reach the level of extreme stunningness of mate5, it can still be said to be well received.

The unsold mate 5 and the newly launched mate 6 sold a total of 2011 million mate series machines in 280, which can be regarded as a new high in history!
Among these 280 million mobile phones, sales reached an astonishing 118 billion. Such a high-end product generated such astonishing sales. This can be said to be an epic victory. In other words, Hillhouse Technology, the first subsidiary of Hillhouse Group, achieved an astonishing sales of 12 billion in 227 months!

And it wasn't just sales that hit new highs.

Compared with last year, the profit is relatively higher.

The profit is not bad, the overall profit rate is 15%, and a profit of 34 billion can be obtained. Compared with 2010 billion in 10, there is at least 24 billion more profits in one year!
For a company with sales of 24 billion yuan, not to mention in 2011, even in 2023, when Gao Huaijun will come later, this is a very amazing result!

You know, in Gao Huaijun's previous life, many large A-share listed companies would sell several houses in the Imperial City or Magic City when their real estate properties were listed, directly turning their financial situation from losses to profits!
Even if each house is worth several million or tens of millions, houses in the Magic City, Imperial City, and a few houses are just a small goal. A small goal can turn their financial statements from losses to profits, and now Gao Huaijun's Hillhouse Technology alone has a profit of 24 billion a year. This is such a terrifying thing.

The development of Hillhouse Technology can be said to be very fast compared to other electronic technology manufacturers in this era.

In Gao Huaijun's view, if many products do not carry out disruptive innovation, but only carry out micro-innovation, they can only maintain basic growth. Without the guidance of Gao Huaijun's golden finger, in his opinion, their performance is just ordinary. .

However, this is also a year of accumulation for Hillhouse Vehicles.

【Chapter 94】

Hillhouse Vehicles has formed a preliminary car matrix on the premise that it has four cars, and these four cars are in different market segments.

In less than four years, one SUV, one B-segment car, one hatchback, one sports car, one model a year, four different market segments, this is extremely scary in the eyes of the industry things.

Hillhouse Xia, as the first model of Hillhouse Vehicles, has officially launched its second-generation model with a major facelift.

This car, although the cost of use in Sanyuanli is still high, so in order to save costs, this car can only use cheap lead-acid batteries. However, it has been upgraded to a certain extent in terms of intelligence and is no longer the same generation. The matepad is directly put on the central control system.

Although Han only made some improvements to the interior for dimensionality reduction, the impact of products lower than Fit can be said to be huge.

Throughout 2011, Xia's car sales remained very stable, with sales of almost 62 billion and sales reaching 12 units. Compared with the output value of 2010 billion when it exited in 29, the sales volume was 6 units. , which can be regarded as a substantial improvement.

The Han model has already been enthusiastically sought after by at least four Chinese automobile companies (direct plagiarism). Under such circumstances, the Han has only undergone a minor facelift, but it still shows strong product strength. , the annual sales volume in 2011 reached an astonishing 6 units, and the annual sales reached 146 billion yuan!

The Qin model shows the nuclear explosion-level potential of city-level SUVs. In 2011, it reached sales of 8 units. This sales volume is also rare for an SUV in China in 2011. In one segment, it ranked 11th, becoming Hillhouse Vehicles' only segmented vehicle on the Chinese auto sales list.

Sales also reached 176 billion.

The Ming car, as the latest hot product from Hillhouse Vehicles, is also the only model in China with a price of more than 100 million so far. In 2011, sales reached an astonishing 2000 units. !
Don't think that the sales volume is small. The real profit of this product lies in the after-sales service.

I’ll charge you 20 for a car door to find out!
If the paint is damaged, you will be charged a repair fee of RMB 5 directly.

If you ask why this car needs such expensive repairs, just ask: this is the standard of a high-end car!

This not only shows that this car has avoided becoming a financial hole, but also established the Hillhouse brand!

The sales volume of 2000 units is equivalent to sales volume of 20 billion yuan, which is quite a lot.

At the same time, the sales of Hillhouse vehicles reached an astonishing 2011 billion in 404.

Although due to factors such as early R&D investment, factory investment, vehicle sales qualification purchase and other large fixed investment factors, after these fixed investments are evenly amortized over five years, this year's profit will also historically become 5 billion. , although the comprehensive profit rate is only a pitiful 11% or less, this change is revolutionary!

In other words, in 2011, Hillhouse Technology’s revenue was 227 billion, and Hillhouse Vehicle’s 404 billion. When added together with the resources owned by Hillhouse Derivatives, Hillhouse Group had achieved an unprecedented 650 million!

At the same time, this makes Hillhouse Group roughly ranked 2010th between C&D Co., Ltd. and China South Locomotive & Rolling Stock Co., Ltd. according to the Fortune China sales ranking!

For a company, a small-town company that developed from an electric fan factory, to be able to achieve such a level before going public is simply astonishing!
Moreover, the number of R&D personnel of Hillhouse Group has also increased significantly.

At the end of 2011, there were 8121 R&D personnel alone, an increase of 2010 compared to 1862!
With a R&D team of nearly 10,000 people, it can definitely be regarded as the top level of private technology companies in China!

Among them, the R&D expenditure part, the per capita salary of R&D personnel, is 18 yuan. Due to the addition of artificial intelligence BU, this high-intelligence department, and also because of the continuous increase in Hillhouse chip R&D personnel, compared with the original 14 yuan, it has increased significantly. increased by 29%, creating a new high!

After the annual budget is determined, the full-year R&D expenditure is determined to be 32 billion yuan, accounting for 5% of the overall group sales!

Although according to the "Statistical Bulletin on China's Science and Technology Funding Investment in 2011", in 2011, China's total R&D investment was 8687 billion yuan, an increase of 1624.4 billion yuan over the previous year, an increase of 23%!

However, Hillhouse Group’s investment alone accounts for 0.4% of China’s annual R&D investment.

Don't underestimate this 0.4%, China's enterprises are calculated in units of hundreds of millions!

One company occupies 0.4%, and it will still grow rapidly in the future. This in itself speaks volumes.

Gao Huaijun and other senior executives were shocked when they knew this data.

Such a huge R&D machine, whether in China or in Sujiang Province, is a force that is too huge to be ignored!
A middle-class R&D team with billions of R&D funds and nearly 10,000 people, and a company that ranks 50th in Fortune China's top 500 sales rankings.

This is a force that no one can ignore in 2011!
"The annual meeting is coming soon. How are the preparations for the annual meeting?" Gao Huaijun saw the complete financial statements sent by Ning Yuan in his office and asked Ning Yuan who was sitting there with a smile.

"Thousands of employees have already moved to the Hillhouse Industrial Park in Magic City in advance. Those employees will hold annual meetings at the Magic City Exhibition Center, and the number of people in Xicheng is really huge, with all kinds of things, R&D plus There are nearly 10,000 people in other functional departments. The venue of Xicheng Convention and Exhibition Center cannot accommodate so many people. It is estimated that some employees will arrange venues for their own branches." Ning Yuan also smiled replied.

Who would have thought in 2004 that the director of an electric fan factory that was about to go bankrupt would have thought that at the end of 2011 and the beginning of 2012, the troublesome problem now is that there are too many people and he doesn’t know how to arrange the annual meeting!

This is indeed something that can make a group boss 'worry'!

(End of this chapter)