Chapter 314 Chapter 186-187: The layout of the magic city! (Two chapters in total)
Although Huajian Investment has paid a huge price and has to use its reputation to strongly support national brands, they are still very satisfied with this round of financing from Hillhouse Technology.

Although we are now in a business partnership, from the very beginning, their goals have been somewhat different from Hillhouse Technology’s strategic demands.

They hope to gain Zheng Zhishang's rights more than to gain money!

Hillhouse Technology is by far the most promising electronic technology company in China to obtain the Fortune 500 ranking!

Moreover, its current product line has gradually established itself in the high-end field.

This means that the future of Hillhouse Technology will have unlimited possibilities!

Even if such a company does not make much money in the future and the stock price does not rise, it will still be a good deal for Huajian Investment.

Companies like theirs pay more attention to structure, rather than just investment returns.

Of course, it’s better to have both fame and fortune!
However, Gao Huaming took strict precautions at the capital level and only transferred 10% of the shares to Huajian Investment, which made it difficult for them to find a core breakthrough in the first place.

Moreover, companies like Hillhouse Technology would not be at ease if companies without Chinese state-owned assets hold indirect holdings.

There are still many things that Hillhouse Group has not yet started.

Therefore, Gao Huaijun would rather sacrifice some shares than let the capital chain slow down Hillhouse's development!

A very core reason is that the road to intelligent automobiles is mainly initiated by Hillhouse Group, a company that started from electronic technology products.

After all, we all make money together, you are OK, I am OK, everyone is OK!
But if your trading is not going smoothly, then I’m sorry. There are a lot of foreign founders who have been kicked out by the board of directors, and they are not isolated cases!

After the Series C financing agreement was signed, Gao Huaijun called Wang Fengying and inquired about Hillhouse Dolphin's research and development status, and then asked her to take the lead in getting the Hillhouse Dolphin prototype car out as soon as possible.

Gao Huaijun understands that the current automobile industry still has doubts about the road to intelligent automobiles.

Although BYAD, Hillhouse's core automotive competitor, has begun to modify their F3 and has launched a range extender product, this product has not yet escaped the high imitation trend. So far, Still in the process of exploring.

The process of corporate financing is actually like the process of everyone building a big ship and traveling together.

. . . . . .

For example, Steve Jobs was kicked out by the board of directors for the first time.

In fact, this situation was also the same when Gao Huaijun was in another time and space.

Therefore, while the core players have not yet come to their senses, accelerating the formation of the first generation of truly smart cars, L1, is of great strategic significance for Hillhouse to occupy a higher commanding heights and dig deeper moats.

And if travelers operate it properly, they can always be at the helm.

This will still be the case in 2023, not to mention that China's electric smart cars are still in their early stages of development and have not yet made a strong rise in 2013.

Fengtian Automobile’s barcode models are hilarious just thinking about it!

However, Gao Huaijun will not give them such an opportunity. Using the C round allows CCB to temporarily protect the growth of Hillhouse Technology before it becomes a large-scale electronic technology company worth hundreds of billions. This is actually very critical.

It’s already 2013!

There are only 2019 years until 6!
The changes in the overall chess game are actually taking place slowly.

But this is a large automobile company that has a disdainful attitude towards automobile intelligence.

Many large automobile companies are in a wait-and-see state.

As far as the current situation is concerned, Hillhouse Technology has conveniently laid the groundwork for this.

Gao Huaijun’s goal is to first develop a basic version 1.0, a very original L1 version, and then use 1.0 as the core basis to develop multiple upgraded tracks.

And he will set an upgrade standard. Each version will bring new creative upgrades, such as the degree of hand detachment, the precision of the map, the degree of testing of complex road sections, etc., and will also plan various types of upgrades at the same time. Such marketing strategy activities make it impossible for companies that imitate them to keep up with their own pace.

Wang Fengying was shocked when she heard that Hillhouse Technology had raised more than 100 billion yuan in financing.

Then the pressure in my heart also increased.

Although the sales volume of Hillhouse vehicles is now far ahead of Hillhouse Technology, the profit margin is due to the accumulation of various heavy assets, making it difficult to catch up with Hillhouse Technology.

Moreover, Hillhouse Technology has achieved certain results overseas, and has also started to increase domestic sales. Now it has successfully raised Series C financing, and its listing is in sight. It is already on the fast track.

However, Hillhouse Vehicles has been expanding its own factories, which has kept its heavy asset costs high.

This has also led to Hillhouse Vehicles. Although its turnover is very high, its operating profit margin is not high.

Wang Fengying also knew what was at stake.

Although the Hillhouse Dolphin model is not as technologically advanced as Hillhouse Ming, and the entire car is full of black technology, the value of this car is not comparable to that of other models!

Whether it's L1-style black technology or a brand-new cost control design, all of these are thunderous!

Therefore, Wang Fengying personally led the team and worked overtime all day long.

Just to get all the development done as quickly as possible.

Now it's time to attack the critical moment. Among L1, whether it is ESP upgraded based on ABS, or ACC adaptive cruise commonly used on highway sections, and LKA lane keeping assist.

Five years from now, these intelligent systems will only be available in luxury cars. Now they have to be installed in an economical car. This is definitely a very stressful thing!
The core still lies in cost.

Now Hillhouse Artificial Intelligence BU alone has thousands of people invested in this project!

Such a research and development expenditure, including lead time and additional time spent on testing, adds up to about 2 million!

This does not include the standard laser detection radar and related technical deployment required to produce these products.

The financial investment is even greater.

And these are all secondary!
Hillhouse Dolphin is controlled by a bicycle. If the sales volume of this car is less than a certain number, then the sales number of this model is lower than a certain number, it is very likely that this model will directly suffer losses!
And this number, at present, is still very high.

If a low-end car loses money, the blow to Hillhouse vehicles will be absolutely fatal!
This kind of continuous bloodletting will even cause Hillhouse Group's core strategy to lose everything. Even Gao Huaijun couldn't bear this price!

While Hillhouse Vehicles was busy working on the Hillhouse Dolphin model, Leader Wang also received news from Hillhouse Technology, which had just received Series C financing.

"Leader Wang, Xiao Deng, I have one thing that I don't understand. That is, since Hillhouse Technology already has the potential to develop front-end technology in China, and we also want to support them, why don't we let the second-level or even third-level companies under GZW's Magic City Wouldn't it be much better for a large-scale enterprise to invest in the company and then use GZW to raise capital than to blindly involve Huajian Investment?" Xiao Deng glanced at Leader Wang with a rather uneasy expression.

In his opinion, although Hillhouse Technology is very popular, the Magic City has a lot of cards in its hands.

Not to mention funding, even the production license of the current Hillhouse chip manufacturing plant is not something ordinary people can obtain.

This is also the core reason why after Gao Huaijun communicated with Xicheng, Xicheng could not push forward the matter and had to find the Magic City to handle the matter.

As for Jiankang, I am really not enthusiastic about things that Hillhouse is not planning in Jiankang!

Save in bulk, sometimes you have to take it.

However, just because Gao Huaijun could be easily controlled in this way, Modu actually let it go so easily?
Xiao Deng is really confused!
"Do you really think that Hillhouse Technology is just Gao Huaijun's Hillhouse Technology?" Leader Wang was smoking, silent, and then suddenly said.

"Ah! This?" Xiao Deng was frightened by Leader Wang's sudden words.

"Hillhouse Technology, their performance is actually noticed by the superiors."

"If such an excellent high-tech company wants to build a chip manufacturing plant, which is an ultra-high-end, ultra-sensitive industry, do you think the higher-ups will know about it?" Leader Wang knew Xiao Deng's background, so he deliberately gave him a few words of advice.

Many times, when sitting in his position, most things have to be about the pattern, not just the interests!
The electronic technology industry is the high-end industrial cluster that China most hopes to build up.

And chip manufacturing is the electronic technology industry, the brightest pearl in the crown!

“The development of Hillhouse Technology is so fast now, it’s unexpectedly fast!”

"So even if there is no Huajian Investment, there are other state-owned enterprises that will negotiate with Hillhouse Technology."

"They will not interfere with the internal operations of the company, but many core technology parts need to be strictly controlled."

"Not only our Chinese country, but also the beautiful country and the sun country, they are all the same!"

"Do you get me?"

Leader Wang turned around and gave Xiao Deng a thoughtful look.

"Is this similar to Alstom and Rolls-Royce aircraft engines?" Xiao Deng asked.

"Yes! But it's wrong!" Leader Wang sorted out his thoughts and then continued, "Alston from the Silky Country has now been targeted by the Beautiful Country!"

"Ah?" Xiao Deng couldn't help but be stunned for a moment.

"General Electric is now on the negotiating table and they will acquire this former competitor."

“In the end, with the support of the leadership of Vice President Wuji, Alstom is now basically determined to embrace Tongzheng Electric.”

Leader Wang put his hands behind his hands and looked at the scene outside the window expressionlessly.

When Xiao Deng heard such news, he was still a little dissatisfied.

Isn’t it just an Alstom? What’s so great about it!
However, when he listened carefully to Leader Wang's analysis of Alstom, he couldn't help but almost screamed in shock.

Hillhouse Technology, according to current trends, is likely to be China’s Alstom in the future!
Under such a premise, how could the country not take any protective measures and allow Hillhouse Technology to slowly drift away from the country's sight?

Therefore, the entry of Huajian Investment was accidental, but in fact it was inevitable!

In other words, if you want to be a chess player in this game now, you are no longer qualified!
The only real chess players are Gao Huaijun and the above!

"Although Alstom was acquired by General Electric, can't this company still stay in the country?" Xiao Deng seemed to mutter defensively.

Leader Wang looked at Xiao Deng with a half-smile, as if he was watching something funny.

Xiao Deng seemed to have thought of something and immediately pursed his lips.

After Alstom was acquired, the production lines were slowly shut down, and the industry was slowly pulled out of the country. That is a high probability event!
How is it possible that there is still a mouthful of soup left for the Black Chicken Country to drink?
In a world of great strife, aren't we fighting for the few scarce resources in this world?

Since the second technological revolution, the entire world, after decades of peace, has actually exhausted the world's countless productivity potential.

Nowadays, both the Western world and developing countries are basically surviving on countless technological resources.

And if China wants to stand out, it must and can only rely on its technology industry to pull out the teeth from Western countries!
What Hillhouse Technology is doing now is not only what Hillhouse Technology wants to do, but also what the country wants to do.

Under such a premise, elephants will definitely dance with it!

However, Hillhouse Technology is currently still small, and its development prospects remain to be seen.

Under such a premise, allowing a marginal character, Hua Jianchou, to make the next move and enter this big chess game can be said to be an extraordinary move!
For this reason, how could it be possible and dared to destroy the layout of the Magic City?
However, everyone is betting now!
The above are betting, Hillhouse Technology is betting, and Shanghai Magic City is betting too!
If the bet is right, Magic City will have a very bright high-end industry business card!

If domestic independently controlled chip manufacturing plants can produce high-end chips in the future, it will be exciting to think about it!
The amount of power consumed by high-end chip manufacturing plants alone is a very huge astronomical figure.

Xiao Deng couldn't help but feel a little excited when he thought of this.

Leader Wang's methods are really high, really high!
No wonder he can sit in this position!

Leader Wang smiled and said, "It will be good for you to think more about this matter."

"Whenever you do anything, you must think from the perspective of the planner. In this case, although it is very tiring, you can make great progress."

"Do you understand?"

Xiao Deng nodded thoughtfully.

(End of this chapter)

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