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

Chapter 490 289-290: Then I'll play! (4000 words)
After the meeting.

Gao Huaijun and Min Weiguo sat together in a special high-rise car and drove to Xicheng Airport.

There, there was an Airbus A320 private customized plane waiting for Gao Huaijun.

Gao Huaijun needs to travel around the country for a long time, and now he needs to open new factories one after another, so naturally he has to follow up on the progress from time to time.

He is now considered a celebrity, so there are naturally many inconveniences when he takes Ming Airlines flights.

There are not many flights at Xicheng Airport, so it is a good idea for his plane to park here.

At this point, Min Weiguo briefly talked about some of the difficulties he encountered in making this tri-fold mobile phone.

One is at the hardware level. This mobile phone needs to use both external and internal folding solutions. Not to mention Hillhouse, even other manufacturers have never done external folding or internal folding, so it is difficult to control the yield and reliability.

The second is a critical software issue. Although the vertical ratio of the triple-folding mobile phone is more comfortable than the previous double-folding one, you can’t simply enlarge the size.

There are already a lot of software on the market. You need to consider the folded state, 6.4-inch unfolded state, and final 8-inch state of each software on the 10.2-inch screen, as well as their adaptation issues in horizontal and vertical rotation.

These issues are the focus of future research and development work.

Therefore, when Hillhouse conducts research and development, it will make some changes to the underlying logic of the Android system.

Min Weiguo plans to make an embedded underlying program for Suzaku Next to fundamentally change the adaptation functions.

Although this feature seems very difficult to achieve.

But. . .

You can add money!

This allows all native applications to have the characteristics of "one-time development, multi-terminal deployment".

It can adapt to multiple ecosystems such as mobile phones, folding screens, tablets, etc. at the same time, realizing the feature of the Internet of Everything proposed by Gao Huaijun a few years ago.

He even plans to develop a small folding touch keyboard that can be turned into a small notebook in seconds, allowing small mobile office work anytime and anywhere.

In Min Weiguo's view, this is an advantage that no other mobile phone manufacturer currently has, and Hillhouse can make a profit first through such a product.

Three are the easiest, but also the hardest.

That means the price of this product will be very expensive!
"We have done preliminary calculations and estimate that this product will sell for more than 2 units after it is launched on the market. Mr. Gao may need to be mentally prepared." Min Weiguo said apologetically.

Gao Huaijun was just listening carefully at the side.

Listening to Min Weiguo's problems and solutions, he took some notes on his pad, and then told Min Weiguo what he thought.

He made a rough estimate and found that compared with the previous two-fold mobile phones, the research and development costs of the three-fold mobile phone are expected to reach 40 billion yuan!

Although Hillhouse Capital insists on investing more than 10% of its sales revenue in research and development every year.

Every year, Hillhouse Technology and its vehicles alone invest hundreds of billions, almost hundreds of billions, in research and development.

But this phone, a foldable screen phone, costs 40 billion yuan, which made him hesitate.

What else does it mean to invest more than 4 billion yuan in a foldable screen mobile phone?
If calculated based on sales volume, 100 million tri-fold mobile phones within their entire life cycle, sold at 2 yuan, would only generate sales of 200 billion yuan.

These 13 billion yuan have far exceeded the 20% R&D expense control line set by Hillhouse, reaching more than %!

Moreover, this 100 million units was his optimistic sales estimate.

How many foldable phones are sold nowadays?

Now it’s even less than one million units a year!

Min Weiguo looked at the change in Gao Huaijun's expression. Having followed him for so long, he knew that Gao Huaijun was actually a little hesitant in his heart. He added nervously, "Mr. Gao, such a technology cannot be measured by money. With the tri-fold phone, our technological experience stands at the top of the world's technological history!"

As he said this, Min Weiguo couldn't help but get a little excited and his voice was quite loud.

It can be said that Hillhouse Technologies is a child that has grown up step by step under his leadership!

From a fake electronics factory that couldn’t even make MP3 players to an electronic technology company ranked among the Fortune .

He knows what high-end brand positioning means to Hillhouse.

With this tri-fold mobile phone, it means that Hillhouse has a high-strategy product that can compete with Hillhouse Yangwang!

In the past, Min Weiguo was not impressed by Hillhouse Motors’ continuous release of such high-end models, thinking they were nothing special.

That is, it wastes R&D expenses and fails to sell in sufficient quantities to affect the stock price.

Why bother!
But now when he saw Hillhouse Capital's 2016 financial report, he couldn't help but be shocked.

After the release of Hillhouse Vehicles, Hillhouse Yangwang has seen an explosion in sales!
It would be a lie to say he wasn't moved.

Hillhouse Technology's performance is fully linked to his performance.

After Min Weiguo expressed his thoughts, Gao Huaijun closed the tablet in his hand, then looked at him quietly, looked at his determined eyes, smiled, and patted Min Weiguo on the shoulder, "I'm at ease with you doing the job, do your best!"

Min Weiguo then responded excitedly, "Thank you, President Gao. President Gao, we will definitely not let you down."

When he got excited, he even used honorifics.

Gao Huaijun smiled fearlessly, patted him on the shoulder, and said nothing more.

This product is the first large-scale mobile phone product developed by Hillhouse Technology's R&D team after he left its leadership.

Different from previous R&D that was just micro-innovation, those products are basically developed step by step with corresponding improvements based on the big framework.

What is needed is just a little bit of accumulation from the employees below.

Even if some companies, such as Pingguo Company and Fengtian Company, just lay down and start operating, there is no problem.

The savings we have now will last us for the next ten years without any problems.

As long as there is no route-level mistake like Nokia, Hillhouse will not collapse.

However, nowadays, directly developing a new product is equivalent to entering a completely new field.

That is, Gao Huaijun did not use the golden finger and asked Gaoling Technology to directly develop a new product. He did not know whether this product would work!
This is the most critical!
If it doesn’t work, the direct loss will be tens of billions.

This is not the previous safe and sound experience under the golden finger. With all the ups and downs, it is definitely a very exciting thing.

Gao Huaijun is now a little interested, and he has gradually moved behind the scenes. It remains to be seen how far the two teams of Hillhouse Technology and Hillhouse Vehicle can go.

"Mr. Gao, are you worried about the development prospects of this product?" Feng Xiaochen, who was standing by, saw the worry in Gao Huaijun's eyes and asked in a low voice after Min Weiguo got out of the car.

"Oh, Xiaochen!" Gao Huaijun stopped looking at the scenery outside the window, put away his gold-rimmed glasses, and then rubbed his eyes.

"I'm not worried. The Hillhouse team can and will fight tough battles."

“But as you grow up, you still need to take on more responsibilities.”

"This project requires an investment of several billion yuan in research and development funds, so it can be considered as adding to their burden." Gao Huaijun said lightly.

Hearing Gao Huaijun say this, Feng Xiaochen couldn't help but be a little stunned, but she soon understood what Gao Huaijun meant.

However, she was still shocked by Gao Huaijun's tyrannical nature.

With tens of billions of funds, you can start playing whenever you want.

This requires a very cruel heart!

Large companies often operate at a low rate due to their lengthy processes.

Now, at the request of Gao Huaijun, Hillhouse has changed to a project responsibility system, which means that each subsidiary is divided into several sub-companies, and each branch is responsible for its own development.

Hillhouse has developed a complete exit mechanism. Basically, if it does not belong to a strategic department, then if it suffers continuous losses within three years, it is very likely to be eliminated.

For example, Hillhouse Technology's smart screen project is currently experiencing shrinking sales, resulting in profits that are simply unable to cover continued R&D funding.

In the end, the project team had no choice but to package it and hand it over directly to Hillhouse Derivatives BU.

This kind of project team is considered good.

Several low-end mobile phone project teams were formed within Hillhouse Technology, but they were directly cut off because the project costs could not be calculated.

However, those project teams were all small ones. They just gathered some people from different groups to develop a low-end mobile phone and started working on it.

If it is a waste, it is only a few hundred million at most.

But this big project is different now.

The starting point is 4 billion!

If the project does not progress smoothly and we continue to add people and resources, the cost will go up to 6 billion!

It is simply crazy to spend 60 billion yuan on R&D costs for a niche mobile phone project.

If Hillhouse were not located in China, where wages are low and it can also enjoy engineer bonuses, ordinary large companies would not dare to do this.

"Hillhouse Technology's current R&D foundation is really strong!" Feng Xiaochen couldn't help but sigh.

If you look at it from an outsider's perspective, you might think that Hillhouse is one of the top electronic technology companies in China.

But from her perspective, you can see how strong the cash flow is behind this.

Hillhouse Capital now has more than 10 billion yuan in liquid funds in its account.

This is the amount of money saved on the basis that Hillhouse does not strictly deduct funds from downstream channel dealers. If it is like ordinary manufacturers who often hold back for half a year or a year, the working capital saved will probably be even greater.

This is definitely a huge industrial empire!

Gao Huaijun is even more terrifying than the more than 100 people in power in the Fortune 500 in the eyes of the outside world!
"Under Hillhouse, Hillhouse Technology alone has more than 4000 R&D personnel, Hillhouse Vehicles has nearly 6000 R&D personnel, Hillhouse Artificial Intelligence has 1500 people, and Hillhouse Chip has 1000 people. This does not include Hillhouse derivatives and Hillhouse Batteries. These tens of thousands of R&D personnel are the result of Hillhouse's accumulation of talents for more than ten years. They are the foundation of the test of time and cannot be compared with those foreign companies that are engaged in the expansion of the LGBT movement." Gao Huaijun has now made the corresponding decision, and said lightly while lying in the car.

Feng Xiaochen nodded solemnly.

The expansion of the LGBT movement in Europe and the United States is now in full swing.

Not only some ordinary manufacturing companies, but even film companies, such as Disney, and even broadcasting and game companies, such as Ubisoft, are deeply involved in it.

The LGBT movement, from its starting point, is good and is a protection for vulnerable groups.

But if it becomes a weapon in the hands of interest groups in the future, that would be terrible!

It’s not so bad for other industries, but for the manufacturing industry, it is a fatal blow.

At the end of the dynasty, there was no shortage of people who could see the problems clearly, especially the problems of the United States, such as industrial hollowing out and immigration and racial issues. However, there was a lack of people who could reverse the trend. No matter how great the United States was, its re-industrialization could not be implemented because there were too many obstacles.

Just as we ordinary people know the root cause of the United States' problems, it is impossible for the United States to industrialize again. Education must be reversed, infrastructure must be rebuilt, and important people cannot return to the days of hardship before. We have to pass this stage.

We are at a different stage. People have just come from the days of having enough food to eat. They can endure hardships and are capable of manufacturing. But the beautiful Chinese are not like that.

So we added this thing in order to compete with Hillhouse Capital.

Harder!

"Relax a little, Xiao Feng. This is a big game. Some small layouts can't affect my mood now. The only thing that can be affected is whether Hillhouse can go one step further and complete some strategic layouts." Gao Huaijun asked Feng Xiaochen to take out a piece of cigar, and said leisurely while smoking it.

Gao Huaijun: Everyone is against 996, but everyone wants others to work 996 to serve them.

Hillhouse now has such strong R&D capabilities, but as its boss, he still feels that there are many shortcomings.

"Mr. Gao, do you think the United States will take action? I don't think so! We are just an ordinary company." Feng Xiaochen asked tentatively with some fear.

“I don’t know about that either.”

"We are living in an era of great changes unseen in a thousand years. We are in the middle of it. I am shocked all the time!" Gao Huaijun said with a serious expression.

According to the "lag" of ordinary people's senses, when all ordinary people know about the "great changes unseen in a thousand years", this change should have already begun.

So, where exactly has this major change taken place?
The change is the balance of power between the East and the West!
It is foreseeable that with the continuous changes in power between the East and the West, the United States will definitely make a last-ditch struggle before the overall situation is determined. This is a huge opportunity and challenge for China and the world. If we can stand firm in this "great change unseen in a thousand years" and seize the opportunity, the future will be a brand new era.

However, in the fierce competition between Dongda and Xida, whether Gao Ling can gain a foothold, even he himself does not know!

(End of this chapter)