Technology company, I will become the light of China!

As Chen Xing's voice echoed in the Bird's Nest and spread to the world through the Internet, quotations for five vehicles also appeared on the screen of the official live broadcast room.

Conquest 001 (pickup truck): 39.

Pilot 002 (coupe): 22.9.

Kaikuo 001 (heavy truck): 109 million.

Climb 001 (SUV): 49.

Verna 001 (mini): RMB 2.9.

"Holy crap, this is impossible. Lao Toule is only 2.9 yuan, even cheaper than Wuling!"

"As a long-distance driver, who can understand the value of a 109 million heavy truck? It is equipped with two 300-degree Thor solid-state batteries and has a full-load range of 2800 kilometers!"

"Shuffle! Shuffle thoroughly!"

"Fuel vehicles are going to be completely eliminated. At least in our Dragon Country, the living space for fuel vehicles will only get smaller and smaller!"

"Looking at the micro-expressions of car company CEOs like Wang Fu and Masick, it feels like they are about to cry. No one would have thought that three outsiders could overturn the entire car market!"

Nearly 90,000 spectators in the Bird's Nest kept exclaiming in amazement. The entire stadium was like a vegetable market before lunch time, with all kinds of sounds intertwined together, overwhelming the eardrums.

But as time went on, the discussions became more unified.

"Far ahead!"

"Far ahead!"

"Far ahead!"

The audience's thousands of words evolved into the phrase "far ahead", which also corresponds to the theme of today's "Longxing Annual Science and Technology Exhibition".

Masike, Wang Fu, Jiang Ye, who were sitting in the front row, and the CEOs of major global automakers who were watching the live broadcast online all had worried looks on their faces and didn't know how to respond for a moment.

Compare prices?
Longxing Group is the leader in lithium battery technology. How can you compare with them in terms of manufacturing costs?
Than technology?
This is even more ridiculous. In addition to lithium battery technology, Longxing Group also masters the core technologies of chip technology and vehicle systems.

In addition, Kunpeng is also a leader in the field of communications hardware equipment, coupled with the service-oriented Dami Company.

The three companies jointly building cars really gives a sense of impeccability.

The only option left for car companies now is to pile up materials and focus on details.

Don't underestimate the piling up of materials and details. The rice company was able to become rich because it piled up enough materials, had enough details, and the price was cheap enough.

Compared with mobile phone companies that have been pursuing the high-end route from the beginning, the rice company that took the initiative to enter the sinking market has become a giant.

Why is this happening?

Very simple.

The main users of mobile phones, cars and digital products are men.

Male thinking is different from female thinking. When female thinking sees something they want, they will buy it as long as they can afford it, regardless of whether the price exceeds the product itself. In other words, they pay for the so-called emotional value.

Men think differently. First, they look at the performance parameters. Second, they look at the price. Third, they look at products of the same price to see the price-performance ratio. Fourth, they calculate the conversion. After going through the whole process, they will only buy if all the conditions are met.

In fact, to put it bluntly, men pay more attention to cost-effectiveness, while women pay more attention to emotional value. Therefore, Dami Company can accurately capture the user market and become a giant from scratch.

Any success is not accidental, Lei Jun has done real research.

Now Chen Xing is also playing the "value for money" card that men cannot resist. It depends on how his peers and competitors respond.

……

"We're done with cars, and now we're going to get back to our roots, which is mobile phones."

When everyone was still immersed in the price of the car, Chen Xing's words lifted everyone's spirits and made them pay more attention.

Sitting in the fourth row, Lin Xiaolong, a computer geek, couldn't help but cheer, "I knew there would be a new phone release. Haha, my screwdriver is thirsty!"

Longxing Group has not released a new phone for a year, and his short video account has no new content to liven up. If this continues, he, a million-dollar internet celebrity, will completely become out of fashion.

It is very common for internet celebrities to become out of date. Many internet celebrities with a fan base of millions of fans will gradually be abandoned by the platforms when they are unable to continue to produce high-quality content.

This is also the reason why, even though many accounts have tens of millions of followers, their videos only get a few thousand likes.

"Finally the phone has arrived. I have been holding off on getting a new one for a whole year!"

“I don’t know how many series there are.”

"Long Xing, I only want Long Xing!!"

"Based on Mr. Chen's attitude towards the Longxing series, there will definitely be Longxing products, but I don't know if there will be new models from the other sub-brands."

As the mobile phone segment began, the cheers and discussions at the scene could be described as thunderous applause, forcing Chen Xing to stop his speech and wait for the enthusiasm to die down.

After waiting for ten seconds, Chen Xing held his hand and said, "Everyone, please be patient. We are about to unveil our first mobile phone, which is also the Longxing X series that our Xing fans are most familiar with."

"Wow—"

The phone's parameters had not yet been revealed, but the audience was already surprised.

The Longxing X series is the starting point of the Longxing Group. In the beginning, the cash flow of the group was supported by the Longxing X1599 priced at 1 yuan.

As the founder of the Longxing X series, Chen Xing would naturally not give up on it.

We need to make mobile phones for the high-end market, and also for the lower-end market.

"Please ask the staff to bring up our Longxing X4 demonstration sample."

As soon as Chen Xing finished speaking, the nearly 90,000 spectators in the Bird's Nest and the live broadcast cameras of the entire venue immediately locked onto the staff member.

I saw a dignified and elegant girl in a red cheongsam, holding a tray, walking towards Chen Xing step by step.

When Chen Xing came in front of him, he took the phone naturally and showed it to the camera: "It's almost 2017, it's the Year of the Rooster, also known as the Year of the Phoenix."

"To cater to the New Year, our Longxing X4 only offers two colors, one is gold with a dragon pattern carved on the back, and the other is red with a phoenix pattern carved on the back. These are the colors of the annual mobile phone."

"Of course."

"Everyone uses phone cases nowadays, so the color of the phone doesn't really matter."

Chen Xing showed the back patterns and body colors of the two mobile phones, and chose the gold Longxing X4 and continued to explain:
“For Longxing X4, we still adhere to its brand concept, which is to simply enjoy the fun brought by technology.”

“What we give to everyone is…”

Chen Xing paused for a moment, then pressed the remote control in his left hand and said, "1 mAh Thor solid-state battery, plus 400W Star Flash fast charging."

"???"

"???" "???"

Every live broadcast room is filled with question marks.

Solid-state battery technology can actually be applied to mobile phones. Isn’t this a pure dimensionality reduction attack, leaving no room for competitors to survive?
And with 400W Star Flash fast charging, which competitor can compare with it?
The moment Ku Ke saw the battery parameters and fast charging parameters, he almost jumped up and asked Chen Xing if he wanted to kill people.
"Invincible, this is really invincible!"

Duan Yongping's pupils contracted and he muttered to himself.

He had never expected that Longxing Group had already applied solid-state battery technology to mobile phones and increased the charging power to 400W!

What is the concept?
Apple's proud Extreme Charge, Korea's Han River Fast Charge, and other competitors' fast charges can only reach 120W. Forcing it to 200W will cause the risk of explosion.

Even if Ku Ke and Lee Jae-yong don't want to admit it, they cannot change the fact that Longxing Group is far ahead in lithium batteries and fast charging technology.

Since the 120W Star Flash fast charging, Longxing Group has always maintained a leading position, with an absolute gap lead.

Because when the 2014W Star Flash fast charging was announced in June 6, the charging power of competitors' products was only around 120W.

With the entry of Longxing Group, the charging technology standards around the world have been rapidly raised to a charging level of over 100W.

"I can't believe that Brother Chen has this skill. I'm afraid we won't be able to eat." Lei Jun joked to himself.

"really."

Ren Guofei nodded in agreement.

Although the two were close to Chen Xing, they usually talked about car-related matters and did not ask about the mobile phone field.

Since all three companies make mobile phones, asking about the specific parameters or technologies of the phones would seem a bit deliberate.

"Fortunately, I made the transition early, otherwise, I would have to go back to the countryside to raise pigs." Luo Hao couldn't help but complain when looking at the phone parameters of Longxing X4.

When the Pakistani market was first opened up, he took advantage of the opportunity to enter the market and build a live streaming platform. Currently, his Hammer live streaming platform is the second largest online live streaming platform in West Asia after TikTok, with over 100 million daily active users.

Not only Luo Hao, but also Lei Jun, Ren Guofei, Duan Yongping and other original mobile phone manufacturers have opened up "side businesses".

They knew very well that they could not compete with Longxing Group in the mobile phone field, and an early transformation and turning the mobile phone business from the main business into a sideline business would be a way out.

It turns out.

They all succeeded.

Kunpeng Company has expanded into communication hardware and semiconductor silicon wafers, Blue-Green Factory has started chip foundry production, Hammer Technology has deepened its live broadcast platform, and Lei Jun's Rice Company has followed Chen Xing and focused on the layout of whole-house smart home, hoping to reap the benefits from it.

As for Hanxing Group and Apple, neither of them transformed in a timely manner.

Currently, Hanxing Group's mobile phone share and its other market business shares are shrinking. According to the third quarter report, Hanxing Group's revenue has dropped by 2015% compared to the third quarter report of 34, and its net profit has dropped by 50%. Its stock price has also fluctuated significantly.

It's not just Hanxing Group. Apple's decline was even more severe. Not only did its revenue drop by 37%, but its net profit also dropped by 81%!

Why did the net profit drop so sharply?
R&D expenditure!

If they want to overtake, or in other words, if they want to catch up with Longxing Group, they must invest more money.

For this reason, both Apple and Hanxing Group have issued announcements, declaring that they will not distribute dividends to shareholders in 2016, and will use the money to recruit scientific researchers to catch up with technological progress.

In the first two quarters, this announcement could perfectly shut investors up.

After all, it is normal for technology companies to spend money on research and development, and there are also expectations for hype, so the stock price will naturally not fall too much.

But two quarters have passed, a full six months, and there is still no disclosure of any important scientific research project, and the mobile phone market is still in a state of shortage. This cannot help but make investors wonder whether Apple and Hanxing Group are on the decline and will soon fail.

As soon as the third quarter report was released, there was still no progress in any scientific research projects, and the stock prices of the two companies fluctuated by 15%.

Now that Chen Xing announced the solid-state battery and fast charging technology for mobile phones, Ku Ke and Lee Jae-yong's faces visibly darkened.

As one thing grows, another shrinks, and the capital market once again votes with its feet.

When Chen Xing was speaking, the Peninsula stock market directly triggered the 10% circuit breaker mechanism, with Hanxing Group leading the decline.

A number of Peninsula stock investors are now crying out in their own country’s forums.

[Park Hyun Yeol]: "Don't fall, please don't fall, or I'll jump off the building!"

[Lee Yun-ho]: "Chen Xing Oppa, I'm kneeling down to beg you, please stop talking. Your mouth is like poison. Our Peninsula stock market really can't take it anymore!"

[Park Hye Na]: "It's over, everything is over, my stock has dropped by 30%, and Hanxing Group's electronics supplier has collapsed!"

[Jin Xusheng]: "I'm tired, ready to perform the flying trapeze. If God can give me another chance, I will choose the Dragon Country stock market. If I add a time limit, I will invest for 10,000 years!"

As the leader in the electronics field, the decline of Hanxing Group directly led to the decline of the entire peninsula's stock market.

The economy of the peninsula was already in jeopardy, and now with this incident, many listed companies have reached the point of margin financing collapse.

Perhaps many people don’t know that company stocks can be mortgaged for bank loans.

Generally speaking, when the stock market falls, the first to suffer liquidation are leveraged investors, followed by investment institutions, and finally financing companies.

For a country, as long as the stock market collapses to the institutional level, the national team must allocate funds to rescue the market, because if it falls further, it will be a complete collapse of companies.

During the Asian financial crisis in 1997, Japan and South Korea were unable to come up with money to rescue the market, which led to the collapse of corporate financing mortgages, making it easy for Wall Street to bottom out.

At this moment, the scenes of the economic crisis seem to be reappearing.

The United States is raising interest rates, which is causing the U.S. dollar to flow back to the world. Dragon Country's technology is booming, siphoning off global funds. Under the game between the two countries, the economy of the small country has already been almost drained, and it has no spare money to save the market.

If they choose to loosen their monetary policy, small countries will also face economic setbacks.

Because unanchored currency is issued in large quantities, it is prone to inflation.

Once inflation occurs, wealth will flee abroad. After all, the rich will not sit idly by and watch their money depreciate. They will exchange it for US dollars or Longguo currency to seek value preservation.

Faced with a near-death situation, Japan, South Korea, and other countries were praying that Chen Xing would stop talking. If he continued, they would really explode!
……

Chen Xing didn't have the ability to read minds, so he naturally couldn't hear Xiaoguo's prayers. Even if he did, he wouldn't interrupt the science and technology exhibition.

After introducing the battery and fast charging parameters, he continued: "After actual testing, the 1 mAh Thor solid-state battery can play Honor of Kings for 24 hours at the highest quality and full frame rate, and it only takes 3 minutes to charge from zero to full, which is an unprecedented breakthrough."

"Wow—"

The audience at the Bird's Nest was once again in an uproar.

next second.

Rounds of applause rang out from all directions, converging and interweaving, as if to drown out Chen Xing on the podium.

When Lin Xiaolong heard the charging time in the backcourt, he couldn't help but yelled, "Fuck, it only takes 3 minutes to fully charge, this is faster than me!"

(End of this chapter)