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

Chapter 518

The title is lost, it should be: Chapter 341-342: New car launch, bigwigs gather together! (4000 words)
May 2018, 5, an ordinary day.

Days like this are usually when the hot sales of new cars from major automobile manufacturers continue and then slowly slow down.

Because summer vacation is coming soon!

The summer vacation is often the slowest sales time of the year.

Therefore, at this point in time, no automobile manufacturer will officially announce its new car products.

Even new iterative products with slight innovations will not do so.

But at this point in time, Hillhouse Auto unexpectedly announced that a new large SUV will be launched soon.

This new SUV is named Gaoling Wenjie!

This Gaoling Wenjie, together with Gaoling Yangwang, will form a Gaoling high-end sub-series - Yu series!
At the same time, Hillhouse also announced the advertisement of Hillhouse Wenjie: Smart travel in the world, freedom without boundaries!
In this large outdoor advertisement, a car appears to be driving towards the distant clouds.

The subtitle is: The smart driving system that changes the times, the most intelligent flagship SUV in the world, stay tuned!
Immediately, the information was released on the Weibo accounts of Hillhouse Technology and Hillhouse Group, as well as the Xiaoling APP.

At the same time, it is accompanied by a very beautiful caption: Traveling the world, seeing mountains, seeing water, and seeing life; enjoying all things, observing the road, observing the sea, and observing the universe. It outlines the beauty of simplicity in purity and contains a majestic aura in calmness.

In this intensive information bombardment from Hillhouse, many people realized a very important point.

That is the era-changing intelligent driving system mentioned in the advertisement.

What on earth is this?
For a moment, there was a sensation in the market.

The automobile market, which had been gradually becoming deserted, suddenly became hot!
In fact, the market has always been very concerned about Hillhouse’s actions.

As the only company in China that has made the leap from electronic technology to the automotive industry, Hillhouse Capital is very different from Zhongwei, which is currently hesitating and has not yet entered the automotive industry.

Automobile companies are always closely connected with local governments, and it is easy for them to drag Zhongwei's other communication-related B2B businesses into the ditch.

If you compete with enterprises supported by local governments, and you want to start a business in this place, it is impossible for the government to give you a green light, not to mention taking bribes.
But Hillhouse is different. It has no B2B business at all and is not afraid of being strangled by local car companies.

Therefore, if Hillhouse can now produce a product that can lead the market, it will still be very promising.

All of a sudden, the Internet was full of discussions about what new value advantages Hillhouse Capital had that allowed it to launch this product during the off-season of the auto market.

"A smart driving system that will change the times? It can't really be an unmanned driving system, right?"

"Unmanned driving system? That's impossible. That thing really can't be launched in the near future!"

"The algorithm of the driverless system is so powerful that it cannot be made any stronger. I don't think Hillhouse alone can achieve it."

"What if? What if a miracle happens at Hillhouse?"

"No one can escape this! OK? Now the whole world is looking for traces of driverless cars, but even a powerful country like America cannot get involved in this now. It is too difficult."

"Yes! Not to mention now, if it can be realized in five years, it will be amazing."

"The driverless system is definitely a black technology that can change humanity. No need for truck drivers means a crazy drop in logistics costs. No need for car drivers means there is no point in driving, and you can just take a self-driving car in the city. No need for delivery drivers means that couriers are no longer needed for the last mile, realizing national logistics integration. Do you think this is a revolutionary technology comparable to nuclear fusion?"

As everyone was looking forward to it, Hillhouse announced a new news: Gao Huaijun will personally hold the new car launch conference of Hillhouse Wenjie in Hall 1 of the Shanghai International Convention and Exhibition Center.

At that time, some media and reporters will be invited to unveil the mystery of this car.

Many reporters were shocked when they heard the news.

Hillhouse launches many new products throughout the year.

However, these new products are basically micro-innovation products, which basically make some minor modifications and optimizations based on the previous version.

In fact, electronic technology and the automobile industry have basically developed in this way over the past decades or even hundreds of years.

Through the accumulation of technology or accidental explosions, the process of quantitative change to qualitative change of products can be achieved.

However, Hillhouse is different. It has only entered the automotive industry for a few years.

So many models have been released, which can be said to be disruptive new products!
These new products often have one thing in common, that is, they are basically released by Gao Huaijun.

Now, Gao Huaijun released it himself!
Not only did he release the product in person, but he also did something unprecedented, not doing it in the new product launch conference hall of the Shanghai R&D Center. Instead, he chose Hall 1 of the Shanghai International Convention and Exhibition Center, a larger venue, to launch the new car of Hillhouse Wenjie.

This is very unusual!
What this means is self-evident to some journalists.

"It looks like Hillhouse is going to use a big trick this time."

"That's not the case. The tone is a bit high this time!"

"I know Hillhouse Capital, and they are either very low-key, with only ordinary executives briefly introducing iterative products, or they will definitely deliver what they advertise, and they have never been lax. I am looking forward to this time."

"I hope so!"

"What the hell! Our newspaper hasn't received the invitation letter yet? I have to go back and ask what's going on."

These lively reporters also know a few things.

They also know that there might be big news this time!
But they were also a little nervous.

After all, driverless technology, in the eyes of ordinary people, is a relatively difficult technology.

It is very difficult for Hillhouse to achieve this now, from a common sense perspective!

but. . .

What if?
The tone is so high now, and the words "intelligent driving system that will change the era" are still being said in a vague manner. What if Hillhouse really releases an explosive news?

Just as everyone was feeling uneasy and expectant.

Many well-known media and celebrities have received invitations to Hillhouse’s press conference!

However, this time, Hillhouse raised the tone so high that naturally a lot of people wanted to participate in this product launch conference. Therefore, the price of the invitation letter for the Hillhouse Wenjie conference was directly hyped up to 30,000 yuan!
Not only some media from unrelated industries and big Vs who are trying to take advantage of the traffic, but also other automobile companies and even friendly competitors in the electronic technology industry, all want to come and see what this era-changing smart driving system from Hillhouse is!
. . . . . .

On June 6, Hall 2 of the Shanghai International Convention and Exhibition Center was bustling with people!
This press conference held by Hillhouse Capital not only attracted media and celebrities, but also some big names in the electronic technology industry, the automobile industry, and even the financial industry.

It is hard to imagine that these industry leaders, whose daily work schedules are calculated in hours, would take out time to come to this place and listen to a simple product launch by a young man like Gao Huaijun.

"Oh, it's Mr. Li! Hello, hello."

"What brings you here, Mr. Zhao? Long time no see!"

"My apologies. Next time I come to the Magic City, I will pay my respects to you."

At this time, Musk, wearing a baseball cap, sat quietly in a corner with his assistant, looking at the conference hall in front.

He came to China secretly today, under the pretext of inspecting Tesla's Gigafactory. He also wanted to see what new things were in Hillhouse's press conference that made everyone pay so much attention to it.

He also saw the heads or behind-the-scenes bosses of top investment banks in the United States, such as JPMorgan Chase, Morgan Stanley, and Goldman Sachs, arriving at the scene.

He was also surprised by the influence of Hillhouse's press conference.

You know, even if the Federal Reserve gets this group of bigwigs together for a meeting, it’s not easy!

In another corner that he didn't know, Kuco, chairman of the board of directors of Pingguo Company, was also sitting quietly on the other side.

He also didn't want people to know that he was at a competitor's press conference today.

Otherwise, Pingguo Company’s stock price might have dropped directly that night (the time difference between Eastern Time in the United States and China time is 13 hours).

And the other side.

The three big bosses of China's BAT were also busy greeting each other.

Ma Yun, Ma Huateng and Li Yanhong, after looking at each other in shock, all of them tacitly gathered around their own circles and had relevant conversations.

Their uninvited appearance actually seemed to be due to some inside information, and they knew that Hillhouse’s products were going to be promoted explosively today!
It is very rare to see such big names in China's technology world, the United States' technology world, and the financial industries of China and the United States, all concentrated in this small place that can only accommodate 2000 people.

Reporters standing by also saw the three big bosses from BAT, and stepped forward to greet them and conduct interviews on some security issues.

It can be said that the scene was already exciting even before Gao Huaijun took the stage.

In the end, just before Gao Huaijun’s product launch conference was about to begin, the three bigwigs from BAT spontaneously broke up their own social circles and sat together.

This scene was just like a world famous painting, causing reporters at the scene to take a lot of photos!
Good guy!
What a nice guy!

Today is the Scorpion’s poop, a unique one!

After the reporters finished taking photos and dispersed, Ma Yun, holding a bottle of water, suddenly asked meaningfully, "Do you think Hillhouse will release a complete version of its driverless technology today?"

Although he spoke openly, his eyes were directed at Li Yanhong.

You know, Li Yanhong's whiteness has dropped sharply during this period of this year.

Search engines are no longer the hot topic they are today!

The current trends are AI, new energy, and new infrastructure!

In order to make up for its own decline and catch up with this new wave, Baidu is leveraging its own advantages and making efforts in AI.

Although their technology lags behind Hillhouse by some distance, they still have a say in the field of AI in China as they have an engineering culture.

"It's unlikely, but it's very likely to be a gimmick. I have always felt that the right direction for artificial intelligence, especially autonomous driving technology, is camera (the route of cooperation between photography and precise large maps), not lidar!"

"If it's cameras, the current maps are far from accurate enough. We need more cars to map out the routes. This will take more than 10 years, not three to five years."

"If it is LiDAR, then the number of chips and the related costs in a car will be very exaggerated, which will greatly affect the mass production of the product. At the same time, there are still several big leaps to go in terms of algorithm logic. I don't think Hillhouse can reach that level now."

Li Yanhong said lightly.

He came here today purely out of curiosity.

At the same time, he was secretly dissatisfied in his heart!

As a member of the BAT Big Three and also the big brother of China's technology community, I, Baidu, am suppressed by you, the juniors. Now you are going to step on my head to the ground a few times.

Outrageous!

How unreasonable! ! !

Ma Yun and Ma Huateng beside her saw the resentment in Li Yanhong's heart, and they looked at each other.

Although the two are on different tracks, they both have the same technological anxiety.

Alibaba is still a giant.

We can look ahead to the next ten to eight years.

This year is a very critical time node.

Alibaba’s growth is currently close to stagnation, with its net profit down by 0%. It is expected to have zero growth or even negative growth starting next year. All of its businesses have collapsed, its Taobao stronghold has been completely lost, and there is no sign of any turnaround possible for the time being.

On the downside, the emergence of a new competitor, Pinduoduo, has left Taobao in disarray.

On the upside, Jingdong's base is very solid, and Alibaba does not see any chance of a comeback.

Now in the field of AI, they don’t have any foothold, so how can they play?
The other company has a very strong market share in the gaming industry, and is also one of the strongest in the instant messaging business.

However, compared with companies with a strong engineering culture such as Hillhouse, Zhongwei, and foreign Google, R&D is not their strong point, so they are very anxious about not being able to seize the AI ​​trend.

Therefore, the three big guys got together to see how Hillhouse would make the most of the Hillhouse Wenjie car this time!
(End of this chapter)