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

Chapter 549 403-404: Crazy results! (4000 words)
And Hillhouse’s A0-level magic car is the Hillhouse Dolphin.

It has a more explosive sales effect.

This is a fantastic car with a total price as low as an incredibly low 70,000 yuan.

When it was first sold, it was just becoming popular and was competing against other models such as the Fit.

Now, how can the Fit, whose basic model doesn’t even have a speaker, compete with Hillhouse Dolphin?

In the past, users had never eaten pork and did not know how delicious it was. They thought it tasted similar to sweet potatoes, cassava, etc.

Now, Hillhouse Dolphin, with its cost-effectiveness, energy-saving and fuel-saving, as well as its preliminary electrification features, is enough to instantly kill A0-level competitors such as Fit.

It’s not that they don’t want to catch up, it’s that they really can’t catch up!
For families with an annual income of less than 100,000 yuan, Hillhouse Dolphin is really a good choice!
therefore.

This also caused this car to reach an incredible peak in 2018, directly jumping from 68 units to 82 units!
82 cars.

This sales volume is getting closer and closer to the million-level sales volume.

And the sales volume also reached 564 billion yuan.

In order to ensure that the product does not segment customers by the lower-end Seagull, Hillhouse Dolphin is almost the top-selling product in Hillhouse's internal system.

Although the profit margin is not high, the sales volume of this product is extremely large, and it is a volume-guaranteed product in Hillhouse's supplier system.

In other words, these suppliers, based on the average monthly orders of about 60 from Hillhouse Dolphin and Hillhouse's extremely rare -day payment cycle, will be able to supply parts for other types of vehicles at a correspondingly lower price.

Basically, among a large number of suppliers, even if they compete with each other and the profit is controlled at 5%, and no matter how strict your requirements are, I still want to be your partner!
There is no way, this is going against the will of Heaven.

What does a 60-day payment period mean?
In 2007, 11 years ago, the general payment period for electronic product components was 60 days, and Foxconn's was 90 days.

That is to say, when you do business with Foxconn, the goods are delivered, and Foxconn confirms that there are no problems with the goods, you can get the money 90 days later.

Then, starting in 2007, Foxconn took the lead in extending the payment period to 180 days.

Other factories followed suit. Foxconn can work for 180 days, so it’s not too much for me to work for 90 days or 120 days, right?
Of course, the promotion was not smooth at the beginning and the suppliers were definitely resisting, but they were too big and someone in the supplier group must have given in.

So the payment period was extended little by little.

After 2010, a trend came from nowhere, but people started using acceptance bills to pay.

For this, Yongyuan Real Estate is the master of all trades. In addition to a 180-day payment cycle, they will also give you a 180-day acceptance bill.

I give you no temper, and you still have to advance the full amount!
Moreover, in fact, the so-called 180 days are 180 days for monthly settlement, which is premised on successful reconciliation. Sometimes, time is dragged on in the financial reconciliation process. Originally, the reconciliation could be completed between the 25th and 28th of the month, but it must be dragged to the beginning or middle of the second month, so that they can have less than one more month of account period.

It took not just six months in total, but seven months to get the money back!
Very disgusting.

What's more, they invented a payment acceptance device called DiChain.

This type of payment usually takes 300 days, and a 5%-10% handling fee is required when redeeming it. This is what these giants are doing.

If people are not cunning to a certain extent, they will not be able to invent such an operation that will destroy the entire supply chain.

Gao Huaijun doesn't want his suppliers to become like this.

It can be said that the profits of most suppliers in China are very, very low.

If you don't work hard, you will never be able to compete with your more aggressive peers.

Many parts companies without moats are at risk of bankruptcy in the end, and they only get a sip of the soup but no meat at all.

How can you expect a company like this to treat its employees well? There will be no salary increase or benefits.

The boss is eager to squeeze more profits out of his employees.

Not to mention changing the cage and replacing the bird, upgrading and replacing the product.

It’s good enough to be alive!
With Hillhouse's current size, its position in the industry is at least on par with Foxconn.

In today's industry, it is often 90 days of account period + 180 days of acceptance, or even 180 days of account period + 180 days of acceptance.

Hillhouse can provide direct cash payment within 60 days, which is the light of the industry in the eyes of many supplier bosses.

What's more, the amount Hillhouse wants is particularly large.

Hillhouse Dolphin alone receives nearly one million orders a year.

There are also products such as Hillhouse Song, Hillhouse Han, and Hillhouse Yuan, almost none of which have low production.

Therefore, almost all suppliers in the market with some strength, without exception, want to win Hillhouse's bid and hope to get even the smallest project like a throttle plate.

It can be said that it is really a scramble!
It would be too little if hundreds of bidders come in at the same time.

Hundreds of suppliers from different regions around the world have flocked to the market, hoping to get a piece of the pie.

In the end, Hillhouse had no choice but to classify its suppliers and make protective bids for core suppliers with which it had cooperated before, only then did it achieve stability.

Otherwise, I don’t know to what extent this massive group of suppliers can bargain and what kind of inferior products they can produce to deal with Hillhouse.

After all, Hillhouse’s supply chain system can even be said to be a pure land in China, a savior-level existence!
There is no way. Although Gao Huaijun is sometimes very cold, he is actually very soft-hearted most of the time.

Because I have been caught in the rain, I always want to hold an umbrella for others.

This was also the case when Hillhouse Capital was forced to close itself down and its capital chain began to become tight.

Another highlight product, Hillhouse Star, is a fashionable A-class car positioned like Hillhouse nova.

In 2017, sales exceeded 23 units. After a small trial, in 2018, it directly exceeded 27 units!

And the sales volume also reached 297 billion yuan in one fell swoop.

Although the explosive power of this product is not as strong as Gao Huaijun imagined, it is still a sure winner compared with products of the same level such as Corolla and Sylphy.

The core positioning of this car is to steadily attract a wave of female car owners.

Hillhouse's high-end car, Hillhouse Tang, is a high-end SUV priced between RMB 30 and RMB 40.

Although the new Hillhouse Tang is already under development, as the highest-end product that Hillhouse looks up to, it can be said to be a qualified alternative product that Hillhouse looks up to.

Therefore, some customers who cannot afford Hillhouse Wenjie will try Hillhouse Tang product on a trial basis.

After the upgrade of the driverless system, the sales of this car also ushered in a small peak. In the whole twelve months, compared with the sales of Gaoling Tang, which sold 2017 units in 19, the sales of this car stopped falling and rose directly to units.

The sales volume of the Hillhouse Tang model reached 2018 billion yuan in 729.

The positioning of this car is actually equivalent to the later M7, which is positioned in the mid-to-high-end level.

Although the product power is not as amazing as Hillhouse Askjie, the three major configurations, such as large space, large refrigerator and large color TV, still make this group of male consumers never get tired of it.

Hillhouse's newly launched product, Hillhouse Wenjie, targets middle-aged men between the ages of 35 and 50. They like to drive big cars, have high configurations, and like high-luxury products.

This group of people are very picky, but they are also extremely loyal once they are satisfied with your products.

After a huge explosion in the first month with 5 units directly ordered, this product also received orders for 2018 units within the first half of .

In the early stage, Hillhouse Capital also experienced a huge boom when it was launched.

But after a group of early adopters purchased them, the sales gradually cooled down. At the lowest point, sales were less than 1000 units per month.

However, this product, Hillhouse Wenjie, has withstood the cold period after the boom and sold 100,000 units of the car in half a year. This means that its monthly sales can reach 10,000 units!

A car worth half a million yuan has such a terrifying sales volume, it's scary to hear about it!
The sales volume of this car reached 2018 billion in 580.

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A high-end SUV actually has the same sales trend as a B-class car. This is simply terrifying!
no way.

Anyone who has test-driven this car will feel that it drives better than any veteran driver who has been driving for ten years. It is very fast in changing lanes, overtaking, and cutting in. Anyone who has finished a test drive will have a strong urge to buy it.

This is an era of true technological change!

The sales of Hillhouse Wenjie were previously divided among cars such as Q7, X5 and GLE. These three brothers were the main force of 50+ SUV before.

Most of the profits brought by the sales volume of 580 billion will slowly flow back to Germany to serve their work of four days a week and three days off, and their work from am to pm.

Now, because of the Hillhouse Wenjie car, the interests of German car companies have been permanently deprived!
A few years ago, it would have been hard for anyone to imagine that a Chinese automobile company could snatch orders from cars like Q7, X5, and GLE!
Gao Huaijun was also overjoyed when he received the news.

What made him happy was not the first month's performance, but the subsequent surge in sales.

This means that the potential customer base that was originally hesitant has been stabilized!

The recognition of this car is already very high. Buying it is a very face-saving thing. It is targeting the market of BBA!
What’s even more frightening is that some of the people who placed orders have never test-driven the car, or even seen the actual car.

This is simply a miracle in the history of China's automobile sales!

In general.

In 2018, Hillhouse Automotive's total sales reached an astonishing 4516 billion yuan.

Compared with 2017 billion yuan in 3226, it has increased by 1290 billion yuan!

This figure is a full increase of 2017 billion yuan compared to the increase of 469 billion yuan in 821.

Sales directly surged by 29%.

The total profit, driven by Hillhouse Capital, also reached a profit margin of 17%, reaching 768 billion yuan.

The core reason for such a crazy sales performance is still Hillhouse Wenjie and the unparalleled experience of driverless cars brought by this product.

Such an automobile company has grown to such a scale in less than ten years.

This has directly confused China's local automobile companies.

Around 2010, many people imagined that a Chinese company would emerge and go global, standing on equal footing with the top three Japanese and German companies.

But no one would have thought that such a company started out as a manufacturer of electric fans!

Hillhouse’s automobile factory will have to work overtime again.

Working overtime is not enough, it now seems that Hillhouse will have to build more automobile super factories in other regions of China!
This time, Gao Huaijun plans to expand the automobile factory in his hometown of Ma'anshan.

The original production scale of the first phase was 200,000 vehicles.

To this end, the Ma'anshan government specially renovated the Ma'anshan Wharf and brought in a lot of large machinery from the Magic City. There is a large area dedicated to the transportation of cars.

Now, the second phase of this factory has expanded the production capacity by 300,000 vehicles!
With a production volume of 500,000 vehicles, if the value of the goods is simply calculated as 100,000 per vehicle, the value of the goods would be 50 billion yuan.

You should know that Ma'anshan's GDP in 2018 was only about 2000 billion.

Moreover, this is the GDP produced by the three districts and three counties of Ma'anshan, with a total population of 220 million.

Now that this super factory with a value of 50 billion yuan has been built, the government leaders of Ma'anshan feel like a pie has fallen from the sky and hit them on the head, making them feel dizzy.

You know, a super factory is not just a factory.

The resulting localized layout of the industrial chain will bring huge profits.

Therefore, even in Shanghai, people would be jealous of such a factory!

It is also a huge benefit for employees’ employment in their hometown.

Hillhouse's automobile factory recruits directly, with three shifts, assembly lines, five social insurances and one housing fund, and the salary for overtime is likely to be more than 6,000 yuan.

Five insurances and one fund plus a salary of more than 6,000 yuan.

This condition seems ordinary in the Yangtze River Delta and the Pearl River Delta, but if it is applied in Ma'anshan, it is a very tempting choice!

The interview was at 90 o'clock, and those who could have lined up for the interview at o'clock went to line up at the transportation post. In the end, at least % of the people did not get into the factory.

Who doesn’t want to work in their hometown, riding a small electric scooter to go to work?
This also gives this group of people an opportunity to return to their hometown.

Therefore, in 2018, Hillhouse Technology's revenue was 3492 billion yuan, and Hillhouse Vehicle's revenue was 4516 billion yuan. When added together with the resources owned by Hillhouse derivatives such as smart fans, smart lights, smart bicycles, etc., the total revenue reached Hillhouse Group's historical high of 8208 billion yuan!

At the same time, Hillhouse Group's total profit reached an unprecedented 1540 billion!

Due to Hillhouse Technology’s super high profit level, Hillhouse Group’s average profit margin has also reached 18.8%!

Under the shadow of suicide, Hillhouse has achieved such results and its sales are about to exceed one trillion yuan.

For a technology company, this is an extremely crazy result.

(End of this chapter)