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

Chapter 477 262263: A review of Hillhouse Technology in 2016!

第477章 262-263章:2016年高瓴科技盘点!(6000字)
Since Hillhouse plans to list Hillhouse Vehicles this year, the 2016 review work will start relatively early compared to 2015.

This year, the fourth phase of Hillhouse's Shanghai R&D Center project, 'Mingzhiwu', has been completed.

At this point in the construction, Hillhouse has now completed the construction of all the lakeside land near the Hillhouse R&D Center.

Now the R&D personnel here, together with the auxiliary personnel nearby, form a super town with more than 3 R&D personnel and a total population of more than !

A few years ago, this place was still a messy mudflat.

Now, this is a high-quality cluster that integrates large-scale commercial complexes, high-end buildings, and high-brand commercial buildings.

Moreover, it has become the innovation and R&D base of Magic City and a must-visit place for many foreign leaders who come to Magic City for inspection.

At the same time, Hillhouse now has seven major R&D centers, including Beijing, Shenzhen, Yangcheng, Helsinki, Stockholm, Brussels and Nuremberg.

The two major domestic branch centers, Yuzhou and Chengdu, have also begun selecting locations.

At the same time, although the Hillhouse chip factory has been expanding production slightly and is still in a loss-making state, the losses of this small chip factory have been controlled due to the release of production capacity and the capacity guarantee of Hillhouse Vehicles and Hillhouse Technology.

At the end of the year, the loss was less than 500 million yuan.

This is the benefit of technology companies developing their own chips.

Even if there are huge losses at the beginning, I can allow this chip factory to iterate slowly by relying on its own production and sales.

It is just a question of whether they are willing to do it and whether they can withstand the pressure from Taiwan Semiconductor and other external chip manufacturers.

In the annual summary of Hillhouse Group's sales in 2016, the performance of Hillhouse Technology and Hillhouse Vehicles was a big step forward compared to 2015.

Hillhouse technology sector.

Notebook products are a relatively low-key but stable business segment of Hillhouse.

After achieving sales of 2015 million units in 563, Hillhouse Capital quickly launched gaming laptops in 2016.

Therefore, accordingly, the notebook business has also made great progress.

Correspondingly, the performance in 2016 also increased to 631 million units, but due to the vicious competition in the notebook business, the sales of notebook computers have only reached 290 billion yuan.

Although total sales are declining, the increase in sales has also allowed Hillhouse to benefit from chip, battery and other businesses, and the overall profit is not too different.

Hillhouse's foldable screen X series has now launched its third generation of products.

As China's high-end business model, foldable screen mobile phones are the favorites of many bosses.

Such a mobile phone is obviously not prepared for the general audience.

Instead, it is prepared by people who do not distinguish between work and rest, and even review documents and financial statements while on the way to the car.

This is actually a product that European mobile phone manufacturers cannot understand.

In the eyes of Europeans, work is work, and after get off work is after get off work. A pad or a desktop computer can solve all problems. There is no need to

In 2015, the sales volume of this mobile phone exceeded 71 units, and in 2016, it further exceeded 78 units.

The overall sales volume also increased to 86 billion yuan.

Obviously, after three years of observation and word of mouth, this group of senior executives of large companies and private business owners are optimistic about Hillhouse's quality control technology.

Hillhouse Capital is now actually paying its suppliers.

As long as the goods are obtained through formal bidding, payment will be made in the second month after the supply.

If you don't bring the invoice, a special financial officer will urge you to bring the invoice as soon as possible.

This is similar to some car companies or electronic technology companies that hold your payment for twelve months.

And then giving you an acceptance bill for another twelve months is completely different.

Hillhouse's move, just the act of paying in the second month, is equivalent to the supplier doing nothing, which is equivalent to raising the price by 20%.

You should know that this 20% is already low. The annual discount of 10% is still calculated based on the ordinary bank interest rate under the premise of having collateral.

There are countless cases of small suppliers who cannot borrow money from banks and have to resort to loan sharks.

Of course, behind the favorable conditions are various harsh systems.

As long as the second-level and third-level suppliers change the designated materials without reporting to the first-level suppliers, all related goods will be recalled and repaired.

In addition, the second- and third-tier suppliers will be blacklisted, directly removed from the list, and will never be hired again without a second chance.

The first-tier suppliers shall also bear joint and several liability.

What's even more outrageous is that Hillhouse will directly announce it on its official website and recommend that the quality director and general manager of the relevant company be directly dismissed.

In a word, Hillhouse will monitor 100% the quality of incoming materials from suppliers.

We must not only manage the first-tier suppliers, but also the second-tier and third-tier suppliers. All of them must pass quality inspections and report in advance!
After fining two or three companies, Hillhouse's product quality control has been unprecedentedly improved.

High-quality parties like Hillhouse Capital, who offer high enough prices and pay back quickly, are extremely scarce in the market.

Who doesn’t want to curry favor with someone?
Gao Huaijun cannot tolerate problems in one link leading to the collapse of the entire system.

Therefore, it is normal that Hillhouse's X series, the most high-end mobile phone in the Hillhouse system, can be loved by major bosses in just three years.

The Mate series and P series are Hillhouse’s flagship mobile phones.

Due to the Xiaoling APP’s splash screen ads, which provide targeted promotion for these two products, sales have increased significantly compared to the original modest ones.

In 2016, the phenomenal product Mate 10 sold 1063 million Mate series mobile phones, setting a historical record. It was also Hillhouse's first product to exceed million in sales.

In 2017, the successor product of mate10, mate11, still achieved very good sales results.

1232 million Mate series mobile phones were sold.

Sales reached a terrifying 601 billion yuan!

Compared to squeezing toothpaste every year, the situation where Cook repeats the same old product tunes over and over again at product promotion conferences is completely different.

Hillhouse now has a very complete R&D team.

The number of R&D engineers serving the Mate series and P series alone adds up to several thousand.

All of these people graduated from 211 and 985 related majors.

There was even a situation like that of Huazhong University of Science and Technology where half of the students in a class came to Hillhouse.

This has also led to the emergence of different school-centered factions at Hillhouse, such as the Huazhong University of Science and Technology Gang, the Northwestern Polytechnical University Gang, and the Harbin Institute of Technology Gang.

Gao Huaijun did not intervene in this matter forcibly.

As long as their competition can help Hillhouse develop rapidly, he will ignore it.

There is even an OD (Outsourcing Dispatcher) at Hillhouse now. Those who serve Hillhouse projects are all graduates from 211 universities and key non-key universities.

This is a bit exaggerated!
You know, the people OD is looking for are basically those who want to enter this industry but cannot find a job in a better large company for the time being.

However, the OD working at Hillhouse can actually find students with this kind of background, which is completely beyond everyone's imagination.

After all, it is rare in the market to find a company that can give OD employees an incentive bonus equivalent to about two months' salary at the end of a project.

I can only say that for ordinary people, being able to work on a project at Hillhouse is a very honorable thing!
The Hillhouse P series, a high-end Chinese mobile phone that takes a youthful approach, has been updated to its fourth generation.

Compared with the previous P series mobile phones, which directly surpassed the Mate series mobile phones, the current P series has already caught up with the Mate series, which is no longer the strongest flagship mobile phone.

Compared with the sales of 2015 million units in 813, the sales volume in 2016 reached 1023 million units due to the gradual stabilization of the product ecological chain and the continuous solidification and promotion of Xiaoling APP!

Sales volume also directly reached 471 billion yuan.

This is also Hillhouse's second flagship high-end mobile phone with sales exceeding 10 million.

Sales data of 20 million.

It can be said that this is the confidence that Hillhouse can now go overseas and compete with Sansang and Pingguo.

Both flagship mobile phones are now using Hillhouse’s self-developed high-end chips.

It also made the sales volume of Hillhouse's self-developed high-end chips exceed 20 million!

It is now optimistically estimated that by 2017, or at the latest by 2018, Hillhouse's self-developed chips will reach the world's most advanced level.

After a decade of losses, Hillhouse Chip has finally become the second Hayes in China!
The matepad series of products, as part of Hillhouse's 1+N ecosystem, are also considered old products.

This is a fixed enlarged version of the folding screen product.

Now this tablet computer has been upgraded to two products: matepad11 and matepadmini6.

As for the matepad series, Gao Huaijun basically did not spare the energy to make too many modifications to it.

Unlike the Mate series, which is his own biological child, among the 11 iterative products, 4 of them were designed by him personally.

But even so, there are still a variety of external competitors.

However, compared with the more than 2015 million tablets sold in 310, the sales volume of MatePad products increased slightly to 2016 million units in 350.

Sales also increased to 72 billion yuan.

This can also be considered an experiment conducted by Gao Huaijun.

The experiment was conducted under the premise that Gao Huaijun did not interfere, and it seems that the results of the experiment are quite good.

Even without Gao Huaijun's intervention, after eleven generations of product iterations, MatePad products can still maintain a high level of competitiveness internationally.

This also means that Hillhouse Technology's R&D team has become mature.

Honor Magic has changed to its tenth generation product, Honor Magic 10.

The current Honor series is already a very mature series, after being divided into two sub-series in 2015.

In 2016, Hillhouse added another sub-series, the Imagination Series.

With Hillhouse nova.

Continue to divide the existing fixed consumer groups.

Continue to refine and expand Hillhouse's consumption model.

The feminine features of nova and the idea of ​​the Imagine series of game consoles that are more targeted at men are both Hillhouse's attempts to enter the mid- and low-end market.

Although the mid- and low-end market has never been the main battlefield for major manufacturers.

But in this market, as long as you occupy a certain share, you can really just lie down and make a living.

It’s really cool!

And the entire Honor Magic series, after adding the Imagine series.

The overall sales volume suddenly increased to 2015 million units compared with 986 million units in 1197.

Sales also increased to 302 billion yuan.

Compared with the Matepad series, which has been stagnant, this steadily increasing sales volume really makes Gao Huaijun very excited.

This product is also Hillhouse’s third product with sales exceeding 10 million.

Hillhouse now has more than three mobile phone products with sales exceeding 10 million yuan.

Whether in terms of scale or brand, it is now considered to be a first-class mobile phone manufacturer in China.

Hillhouse’s nova product is another mobile phone product that is more targeted at females.

It was born out of nowhere with the support of the beauty camera. Now, after two generations of product iterations and the empowerment of Hillhouse's artificial intelligence-related project team, the beauty camera has become even more powerful, and its personalized beauty shooting capabilities are the best in the entire mobile phone industry!
Hillhouse nova, which started out as a beauty camera, has developed to the fourth generation of nova camera in this generation of mobile phones. It is no longer a separate APP, but is directly implanted into the Hillhouse camera!
How could other mobile phone manufacturers imitate this transitional product that combines artificial intelligence and camera in a short period of time?
Therefore, Hillhouse nova mobile phone has strong technical barriers.

Compared with the impressive performance of 2016 million units in 1087, the sales volume of 2016 million units in 1412 is even more impressive than that of the Honor Magic series.

The achievement of 1412 million units also brought Hillhouse's nova series' annual sales to 5 billion yuan after reaching the fifth generation nova301.

An ordinary camera for women actually created the highest sales record for Hillhouse mobile phones.

Without exception, all the executives who saw this annual report were shocked.

As expected, female consumers at the top of the consumption chain do have extremely strong purchasing power.

However, this consumption capacity is not yet evident in Hillhouse's P series.

But it is in the Mate series that this is most vividly demonstrated.

This also means that the total sales of Hillhouse's mobile phone products has reached an unprecedented level of over 50 million, approaching 60 million sales.

In 2016, this sales volume also made Hillhouse rank second in China in mobile phone sales for the first time, only less than 100 million units behind Zhongwei!

This sales volume is also closely matched with the emerging Zhongwei.

However, in Zhongwei's current mobile phone sales structure, low-end mobile phone sales account for more than 65%, and the sales volume of high-end mobile phones is slightly inferior to that of Hillhouse.

For this company, which has the backing of a big company, the time has come for the final battle with Hillhouse Capital!

(End of this chapter)

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