What's wrong with me being a rich man?

Chapter 589 Inspection (4K)

Yu Xing concluded his activities in Beijing, but instead of immediately returning to his headquarters, he went straight to the Silicon Carbon Group's directly operated store to see what the situation was like on the front lines.

Currently, Shanghai is the city with the best sales of Carbon Silicon Kyushu products. The new energy vehicle license plates offered there are the most valuable, and the relevant support policies have been implemented quite well. Over the past few months, the sales volume has remained relatively stable at 23% per month.

This is quite astonishing for a car in the 30 yuan price range.

The cities that performed best after Shanghai were Shenzhen and Guangzhou, with Lin'an ranking fourth and Beijing fifth.

The company's internal analysis suggests that this situation is related to both its advertising investment strategy and the fact that Beijing's lottery system is less effective compared to other cities.

Besides attending exchanges with Chinese enterprises led by higher authorities and encountering listed companies that were difficult to back down once they emerged from their positions, Yu Xing also gained additional information during his trip to Beijing regarding the subsequent changes to the city's new energy vehicle license policy.

It is now basically confirmed that in order to support the development of the new energy industry, Beijing will change the license plate system for new energy vehicles from a lottery to a waiting list system. This means that qualified applicants will receive their license plates directly in the order of their application.

It is said that this policy change will not wait until next year, but may be implemented in October or November.

Undoubtedly, this will directly stimulate the new energy market in Beijing, and as the hottest company in the new energy sector right now, Carbon Silicon Kyushu will be the biggest beneficiary of this policy change.

Yu Xing felt that the previous policies had already allowed Beijing to rank fifth in sales, and the new policies should at least push it into the top three.

This trend will strengthen the market competition strategy of Silicon Carbon Group in key cities and East China.

The arrival of the group's big boss at the front-line store did not cause too much of a stir, because Yu Xing and his entourage did not have the store staff serve them immediately, and instead wandered around the perimeter. It was not until a while that the manager recognized them. Afterwards, they mostly stayed with customers who were looking at and test driving cars, listening to their thoughts and concerns about choosing a car.

Since the launch of the new car, Yu Xing himself has frequently searched for the keyword "carbon silicon Kyushu" on different media platforms, hoping to hear the most authentic voices from car owners, and the concerns here are still similar.

Even though the Silicon Carbon Group achieved very good results in the weekly and monthly rankings, most people still feel that the quality of the new company and new brand of new energy needs to be questioned.

Furthermore, as a northern city, Beijing's battery performance during winter is also a regional concern.

Silicon Carbon Group did take winter factors into account and did not deny the reduction in battery range under severe cold. Therefore, the development of markets in more northern cities was put last. The performance of vehicles in this regard is guaranteed by the existence of range extenders to ensure normal use.

Discounts due to low temperatures are an unavoidable problem for electric vehicles, but range extension is not as worrying, and the temperature in Beijing is not the most severe.

Yu Xing listened most of the time, occasionally helping to answer questions, and was quite pleased to hear the positive things he heard besides his worries.

The fact that Kyushu can achieve such sales volume is undoubtedly due to policy support, but that factor alone is not enough. The quality itself is also excellent. Although some aspects are not immediately perceptible to users, the materials used are clearly superior to those of its competitors.

"I remember the Toyota dealership isn't too far from here."

After experiencing the real situation on the front lines, Yu Xing suddenly said this to his secretary, Zhang Yangxu.

Upon hearing this, Zhang Yangxu was caught off guard and hesitated before saying, "Hmm, let me ask President Zhou."

He was referring to the store manager.

"Just use navigation to search, I think I'm not mistaken." Yu Xing had reviewed the locations of all of Silicon Carbon's directly operated stores and didn't believe that the current sales volume was enough to drive other stores out of business.

Zhang Yangxu opened his phone and searched, and had to say, "President Yu, yes, it's true. You still remember this kind of thing."

"I focus on the big picture and let go of the small details, but I haven't completely forgotten about this," Yu Xing said with a smile.

Zhang Yangxu nodded and navigated to the nearest GAC Toyota 4S store. He knew the owner also wanted to see the current situation of the competitor firsthand, which was probably related to the "Highlander no price increase" issue he heard about that morning.

However, the four of them seemed to be recognized as soon as they arrived at the 4S store.

"Hey? Isn't that Yu Xing from Silicon Carbon?"

"It really does look like him, no, it's Yu Xing, it must be President Yu."

"President Yu has come to inspect!"

The whispers in the GAC Toyota 4S store startled Guo Baichuan, who was also there to inspect the Beijing market. He turned around and saw the face that he remembered. He subconsciously turned back to go back to his office, but then realized that this seemed too weak.

The 4S salesperson at the entrance was already shouting, "Mr. Yu, uh, welcome Mr. Yu to visit and provide guidance."

Hearing this, Guo Baichuan turned around, feeling that he couldn't be worse than a front-line employee.

Yu Xing was somewhat surprised. He hadn't expected that this place would recognize him so quickly, even more so than his own shop. What surprised him even more was seeing Guo Baichuan's hesitant figure. He had clearly seen him, yet he was still trying to turn around and leave...

Huh, I didn't see Mr. Jia from LeEco last night, and then I ran into Mr. Yang from Huishan Dairy at noon who changed his attitude. Now Mr. Guo doesn't want to see me either.

They didn't reveal Bai Xiaosheng's account number either.

Yu Xing was puzzled by the reactions he had recently encountered. Since he had been recognized, he didn't bother to hide and quickly walked towards Guo Baichuan, who was standing there, and extended his right hand: "Mr. Guo, what a coincidence."

Guo Baichuan didn't even smile, but still extended his hand: "Um, President Yu, this..."

He shook his head, instantly realizing this was his own shop: "You still haven't given up on your thieving schemes."

Yu Xing laughed and asked with concern, "President Guo, how are you feeling?"

Guo Baichuan's face immediately flushed red. The last time he collapsed due to respiratory alkalosis, it was practically a Waterloo for his life and career...

Whenever he thinks back, he always sighs at his body's incompetence.

Guo Baichuan squeezed out two words through gritted teeth: "It's alright."

"That's good. I came to Beijing today for an event and heard that the Highlander is no longer being sold at a premium, so I thought I'd come and take a look." Yu Xing explained the reason, "The Highlander is still a very good car."

Guo Baichuan gave a slight sneer: "President Yu, you should say this in front of the media."

"I said the same thing to the media. I just think our car can offer a new option in terms of configuration, seating comfort, and user needs," Yu Xing said with a smile. "What else can I say? I can't exactly promote your Highlander in my own advertisements, can I?"

Guo Baichuan said calmly, "Yes, you can say that making car owners grateful that we don't raise prices makes them feel competitive."

Yu Xing was taken aback, not expecting that what he had said that morning had already reached other people's ears.

He shook his head: "Mr. Guo, you're really well-informed."

"I have to thank your fans for that. Thank you for tagging me on Weibo, Douyin, and other platforms right away," Guo Baichuan said expressionlessly. "You might not remember me, Mr. Yu, but your fans still remember a competitor executive who fainted in front of you." Yu Xing said with a hint of surprise, "Mr. Guo, your willingness to make fun of yourself makes you the most qualified marketing boss."

Guo Baichuan snorted: "Otherwise what? Make me perform a scene of Jing Ke assassinating the King of Qin?"

Yu Xing glanced at the Toyota employee who was watching him out of the corner of his eye and smiled, "Mr. Guo is joking. We're just having normal market competition. To be honest, I don't think there's much to discuss about not raising prices. If Mr. Guo doesn't welcome this, then we'll leave."

"Since you're already here, please have a seat. Otherwise, I'm afraid the media will write tomorrow that we kicked you out." Guo Baichuan suddenly mentioned something, "I went to see your 4S store this morning, so I guess I'm returning the tea I had there this morning."

Just as Yu Xing was eager to visit GAC Toyota, Guo Baichuan, even in Beijing, found it hard not to personally inspect the carbon silicon store.

Yu Xing and Guo Baichuan exchanged a glance, which didn't exactly spark a tacit understanding, but it did ease the tension between them considerably.

The group didn't go into the office inside, but went directly to the waiting area next door where sales staff communicated with customers.

Guo Baichuan poured tea, then held his own teacup, remaining silent.

Yu Xing took a couple of sips of tea, but for a moment he didn't have anything particularly suitable to talk about.

After a while, he put his teacup on the table, feeling that everyone had gone on with their polite formalities, and prepared to leave.

"President Yu, with the adjustment of new energy subsidies next year, you must have a large number of orders by the end of the year," Guo Baichuan said suddenly upon seeing this scene.

“We went public in February, and many people were waiting and watching. This waiting period lasted for several months until the end of the year, and we expect to see a surge in orders.” Yu Xing nodded. “We anticipate seeing the effects gradually in the fourth quarter, with December being the strongest month.”

Guo Baichuan said somewhat indignantly, "President Yu, if it weren't for policy support, Kyushu wouldn't have sold like this."

“Yes, but the policies are supportive. Even the Silicon Carbon Group was established with this factor in mind.” Yu Xing smiled. “Do we need to consider assumptions about such a given fact? Besides, speaking of policies, joint venture cars have also received support in the past, such as two years of tax exemption and three years of tax reduction, reinvestment tax rebates, and tax exemption for imported equipment. Isn’t that how it all started?”

Guo Baichuan fell silent again.

Yu Xing finished the last sip of tea and put the cup down.

Guo Baichuan then said, "President Yu, when will your five-seater car be available? I'd really like to see how the five-seater model from Carbon Silicon Kyushu performs."

As the saying goes, "ducks are the first to know when the river warms in spring." The price markup for the Highlander in key cities has been reduced or even eliminated. As a direct competitor, it is well aware of the pressure it faces.

Therefore... the pressure shouldn't be borne by just one side.

To be honest, Guo Baichuan has experienced Kyushu and believes that with this policy and quality performance, it will not only steal customers from Highlander. If a more traditional five-seater model is introduced, other brands will also face similar impacts, large or small.

"Probably around the second half of next year," Yu Xing said. "For now, we should focus on stabilizing the six stations."

He stood up, ready to take his leave.

Guo Baichuan silently stood up, this time extending his right hand and sincerely saying, "No matter what, the Carbon Silicon Group has achieved astonishing results. President Yu, this is truly remarkable."

Yu Xing shook hands and smiled, "Thank you, Mr. Guo."

Guo Baichuan didn't let go of her hand and made a small request: "President Yu, can you cancel the compensation measures for the large orders of Highlander? There's no need to do such targeted things."

Yu Xing immediately replied, "President Guo, you don't think that just because you praise me, I'll change this, do you? Well, we don't do anything targeted. Next month, we'll also provide subsidies for large orders from other brands that aren't refundable, so that everyone is treated equally."

Guo Baichuan let go, raised his arm, and pointed to the door.

Yu Xing smiled at him, then turned and left the competitor's store that he hadn't been able to successfully investigate.

As Guo Baichuan watched the group, his breathing quickened as he worried about the Highlander's performance in key cities this year.

As soon as he got flustered, the people around him immediately gathered around, and some colleagues even put their hands on his arms.

Guo Baichuan was stunned for a moment when he saw this, then angrily flung his arm away and said, "I'm fine!"

My colleagues looked somewhat disgruntled, their good intentions taken for granted.

Looking at everyone's expressions, Guo Baichuan felt an itch in his teeth, but thinking about the situation of the competitors, he couldn't help but sigh. The situation with silicon carbon was truly a stroke of good fortune.

……

The carbon silicon data company in Lingang is determined to take back Douyin and has been negotiating a repurchase plan with institutional shareholders.

It's either money or a recalculation of the parent company's equity.

The former has funds to sell WiFi Master Key, although the funds haven't arrived yet, while the latter has differences in their understanding of each other.

At least, Du Yuchen of Matrix Partners China was not satisfied with the proposal.

He was trying hard to find ways to put pressure on President Yu and Silicon Carbon Data, but neither his own influence nor the collusion of some institutional shareholders seemed to have any effect on Lingang.

Lingang is like a large reef, completely unmoved by small waves.

Just as Du Yuchen was considering new solutions, another piece of bad news arrived: Temasek, which had previously been on the same side, decided to agree to the acquisition plan for Silicon Carbon Data.

Temasek was quite considerate; Senior Vice President Zeng Jia called to personally inform them of the change in attitude.

Du Yuchen felt that things were getting worse and said angrily, "President Zeng, didn't we agree? Temasek has influence! Didn't you also think that President Yu shouldn't have handled this matter this way?"

Temasek is no ordinary institution; it is backed by Singapore.

Zeng Jia spoke frankly: "Mr. Du, MusVid is raising funds, and Temasek will invest. This is no longer something I can decide."

Du Yuchen was stunned: "This...you guys..."

Zeng Jia shared what she knew: "It's said that Liu Chiping directly approached Temasek in Singapore. I just found out about it myself. Mus's financing will also bring in revenue, and this decision won't change."

Du Yuchen reluctantly ended the call, put down his phone and pondered deeply. After a while, he stubbed out his cigarette and decided that no matter what happened to the other households, he would just stall for time. The holdouts deserved better treatment.

(End of this chapter)