Reborn since 1993

Chapter 839 News about Drinking Fake Wine

“As long as the in-car navigation system can be launched online, all cars on the domestic road will become its potential users.

In the future, each user will receive at least 180 yuan in monthly rental fees, and the annual fee will be yuan. In the next three years, the domestic automobile scale is likely to exceed million, or even million.

Among them, the number of trucks alone exceeds six million, and all of these vehicles are potential users of the in-vehicle navigation system!"

"Even if only a portion of car owners choose the in-car navigation system, it can bring enough operating income to the navigation company every year!"

Li Dongling said to Chen Tao that, in theory, those trucks are all potential users of the in-vehicle navigation system. Even if only one-tenth of the users choose to use it, the revenue can reach 100 to 200 million RMB every year.

As for whether car owners will use it, the key is, besides this car navigation, are there any other choices? When there is only one car navigation system available, even if it is not a monopoly, it is in a monopoly position.

Of course, there will be other navigation software that choose to be free to attract users, but that will happen after the era of smartphones.

By that time, the in-car navigation company under Dongling Hi-Tech had already completed its IPO, and even directly entered the era of free navigation, transforming to rely on advertising revenue.

Hotels, gas stations, restaurants and the like can be given advertising and traffic promotion on navigation maps. In addition, navigation is installed on every car when it leaves the factory, and car dealers have to pay the navigation company. There are also online taxi-hailing functions, etc. All of these are more acceptable to users than collecting money directly from users.

By that time, whether or not to charge users the 15 yuan per month will actually be insignificant. By relying on these advertisements and driving traffic for businesses, two to three billion yuan can be earned a year!
In its previous life, Carlife was too wasteful during its peak period and did not go public at such a good opportunity. When it finally wanted to go public, it encountered interference from AutoNavi and Baidu. In order to grab market share, it simply made its navigation system free.

Carlife reacted too slowly and was too arrogant, thinking that it occupied more than 70% of the in-car navigation market and users could not do without it!
But users vote with their feet, and Kaili was directly hit by AutoNavi and Baidu, causing it to collapse.

At this time, Carlife still had a chance to turn things around. A large A-listed company wanted to acquire Carlife and enter the navigation and Internet market, offering a price of 1.6 billion RMB. However, the founder of Carlife thought the offer was too low, and nothing happened thereafter. Although it is still alive, it has transformed from a mainstream navigation software into a niche company.

Li Dongling will definitely not make the same mistake that Kaili made. After gaining the market and starting to make money in the early stages, he embellished his performance to make it look bright and beautiful, and he was sure to be able to go public. If he didn't go public immediately at this time, was he waiting for the opportunity to fade away?
No matter it is listed on the A-share market or in Hong Kong, as long as it is listed and you can raise funds and cash out in the stock market, you can start free navigation right away!
Anyway, it has been listed, whether it makes a loss or not, it doesn’t matter anymore. No matter how much the loss is, there are still leeks to cover the bottom, right?

The most important thing is that after promoting free navigation, it is equivalent to smashing the pot directly. If you have enough, you certainly cannot let your competitors have their fill. If you don’t smash the pot, you will have to wait for your competitors to catch up.

As long as free navigation is enabled, no brand will pose a threat to the navigation industry, and we can just slowly find ways to make profits in the future.

"As long as we have users and can make a profit, we will immediately let the in-car navigation company start sprinting for the listing!" Li Dongling said to Chen Tao.

As for the donation to the Space Agency, it seems like a huge investment, but in the future, when the Beidou navigation system is completed, it will also bring sufficient returns to Dongling Hi-Tech.

Even a national important project like Beidou Navigation, as long as it can be completed, with its status in the country and relying on this incense, Dongling Hi-Tech will benefit greatly.

In the future, the Space Agency will have a lot of projects in hand, especially after the private rocket field is liberalized, there are also projects such as the Starlink plan that is benchmarked against Musk. As long as Dongling Hi-Tech establishes a relationship with the Space Agency, enters these industries, and contracts some projects, wouldn't that be easy?
Friendship is accumulated bit by bit. If you don't help someone in need, how can you expect the other party to return the favor? How can anything happen in the world without a reason?
It is not just donating the manufacturing and launch costs of a satellite. If you can enter the Beidou navigation project, then by investing in it, you will be able to get more benefits in the future.

In the previous life, when the Beidou system was officially put into operation, it had formed a huge industrial chain with annual revenue of nearly 500 billion yuan.

As long as this concept is caught up, the stock price will soar, and from the entire industrial chain, being able to get orders for chips and other items is definitely a big piece of fat meat.

In the past, the mobile phones produced by the Chrysanthemum Factory could be connected to the Beidou system and supported mobile satellite communication functions, which made it famous for its leading reputation.

Now, Dongling Hi-Tech's mobile phone business has the opportunity to be the first to win this title and become the first mobile phone in China to support satellite communications. I don't know how much sales it can stimulate just by this!
Then Li Dongling looked at Gao Peng, who was in charge of the logistics department of Dongling Hi-Tech, and said, "The logistics department will work with the technical department to invest in or acquire a new battery company that specializes in the research and development of power batteries for electric bicycles!"

Gao Peng was stunned for a moment, then hesitantly said, "Not purchasing batteries from BYD anymore?"

BYD is a typical company supported by Dongling Hi-Tech and is also a representative company of Dongling Hi-Tech. Basically, all products of Dongling Hi-Tech involving batteries are purchased from BYD.

Shaking his head, Li Dongling said, “BYD does not have the power battery technology used in electric bicycles, so we need to develop it from scratch.

Now BYD’s business and orders are mainly concentrated in the fields of computers and mobile phone batteries. Coupled with the orders, it may be difficult to transform in the short term!
Of course, if BYD can develop batteries that are suitable for electric bicycles, Dongling Hi-Tech will also purchase them. "Li Dongling certainly has no objection to BYD. Over the years, Dongling Hi-Tech has had a good cooperation with BYD.

But it is indeed as Li Dongling said, this electric bicycle, including future electric tricycles, electric motorcycles, etc., will all use power batteries.

In the future, when Dongling Hi-Tech's automotive division enters the electric vehicle market, the demand for power batteries will be even greater.

In the era of electric cars, power batteries are the most core components. Without them, the car cannot move.

Of course, when investing in establishing a power battery manufacturer, Li Dongling does intend to not put all his eggs in one basket.

As for the new power battery companies, including BYD, Li Dongling would not say that he favors any one in particular, but competition will create motivation, otherwise it is likely to become stagnant.

Gao Peng thought for a moment and nodded. "The logistics department will screen suitable domestic and overseas power battery manufacturers, invest in or acquire them, and allow them to enter Dongling Hi-Tech's parts industry chain!"

Today, with the influence of Dongling Hi-Tech's auto parts industry chain, it is basically not difficult to take over any domestic auto parts company, although it may not be easy.

Once incorporated into the Dongling Hi-Tech auto parts industry chain, it means that even a small factory will receive large orders and its production lines will be running smoothly.

Just like BYD, when it entered the Dongling Hi-Tech parts industry chain, it was even still working in the garage, but now it is challenging the position of the global nickel battery overlord!
More importantly, when faced with a rare situation in decades like the Southeast Asian economic crisis, Dongling Hi-Tech also provided interest-free loans to parts suppliers, not only helping them tide over the difficulties, but even supporting their counter-cyclical expansion, killing or acquiring their competitors!

If you don't accept the olive branch thrown by such a big money sponsor, wouldn't you be crazy?

"The candidate for the general manager of the electric bicycle project must be determined as soon as possible, and the production site of the project in Quancheng must be determined as soon as possible!"

Li Dongling explained to Ren Yuefeng that Yao Zhengru was taking up the position of the head of Quancheng these days.

It was the time when he needed to secure his position. Only when the electric bicycle project was in Yao Zhengru's hands at this time could he immediately make a breakthrough!
When the meeting ended, all parts of the Dongling Hi-Tech headquarters became busy, and as Dongling Hi-Tech operated, news inevitably began to spread.

When many well-informed domestic media received this news, they all suspected for a moment whether someone was playing a prank and deliberately making up fake news, because this news seemed so fake!
"This is fake news. How dare you be more fake? How much fake wine did you drink to come up with such news?"

"Dongling Hi-Tech is going to sell its PHS mobile phone business?"

"Don't people who fabricate fake news use their brains anymore?"

At the Yanjing Business Daily, when Feng Miaoyu walked into the office area, she saw a group of reporters and editors gathered together, discussing something.

"Editor-in-Chief Feng, you have connections with the senior executives of Dongling Hi-Tech. Look at this fake news, who fabricated it?"

"Yes, Editor-in-Chief Feng, please contact the senior executives of Dongling Hi-Tech. How can such fake news be made up casually? The person who made up this fake news will probably end up in jail!"

"The legal affairs department of Dongling Hi-Tech is not there to just sit there and do nothing!"

Feng Miaoyu couldn't help but smile when she heard the news. At first glance, anyone would know that this news was fake.

Although Dongling Hi-Tech is not a listed company and has not released any specific financial reports to the public, it has not disclosed how much money Xiaolingtong can make for Dongling Hi-Tech in a year.

But if we refer to our peers, the second largest PHS mobile phone brand in China is UTStarcom, which was inspired by Xiaolingtong. From technology to patents to components, UTStarcom bought everything from Xiaolingtong.

Relying on the PHS mobile phones, UTStarcom can earn tens of billions of RMB a year, and it is rumored that it has begun to apply for listing on NASDAQ.

If the apprentice is so good, how could the master’s level be any worse?
(End of this chapter)