From knock-off old-man's electric vehicles to industrial giant

Chapter 286 Xingchen is at best a loli!
With the significant expansion of staff, the company began to work on making the business units independent, in order to establish Star Mobile Technology Co., Ltd.

A large number of talents came from Meizu, some of whom expanded the in-vehicle infotainment department.

With a frequency of one small update per month and one large update every two months, the intensity of the updates is quite high.

Furthermore, with the goal of making in-vehicle infotainment systems comparable to mobile phone systems and achieving seamless mobile phone connectivity, the addition of this new batch of new equipment has just expanded the demand.

As for the location of the branch office, Xu Yi made a decision in a short time.

From a supply chain perspective, Shandong is definitely not a suitable option.

The industrial chain here has a foundation in car manufacturing and is more inclined towards large-scale industrial manufacturing, but it doesn't have much of a foundation in consumer electronics. The mobile phone business relies less on land and labor and more on "supply chain density".

Structural components/molds, camera modules, connectors, FPCs, acoustics, antennas, charging devices, assembly, testing, prototyping, and these essential steps...

If you could only choose one target, Shenzhen and Dongguan in the Pearl River Delta would undoubtedly be the best choices, as they are the closest to the Huawei/OV system.

but.

Xu Yi's goal is to build a "vehicle-machine ecosystem" in the long term, and Luzhou is his base.

This area houses a car manufacturing plant and Xingchen Automotive's R&D center. Going forward, it will continue to expand its R&D footprint in the upstream and downstream of batteries, displays, chips, storage, and AI.

After detailed discussions with Li Nan and Bai Yongxiang, it was initially decided that Xingchen Mobile's first center would be located in Luzhou, and the company's second branch and supply chain procurement location would be in Shenzhen.

At the same time, it was also confirmed that Bai Yongxiang would serve as the president of Xingchen Mobile, and Li Nan would serve as the senior vice president, with a base salary of one million yuan per year.

(There was a mistake in the previous chapter; it wasn't about granting stock options to Starstar Motors. This has been corrected.)
It's worth mentioning that their combined salary and bonuses at Meizu could reach tens of millions of yuan.

of course.

After Meizu's decline, it's impossible for their treatment to remain at its peak level.

Moreover, with their power being squeezed out and their business being cut, their departure was only a matter of time.

Xu Yi finalized the agreement in the contract, reserving 15% of the fully diluted share capital for an employee stock option pool.

The first batch of options granted to Bai Yongxiang is 3% and to Li Nan is 2.5%, vesting over four years. If the cumulative sales of Xingchen mobile phones exceed 1000 million units within two years of their release, both individuals will receive additional performance-based stock options as incentives.

For employees who left Meizu or switched jobs, Xu Yi offered them 150% of their original salaries. For qualified and capable individuals, he directly granted them performance-based stock options, which deeply moved the new employees!
This left Xu Yi quite moved.

There's a reason why Meizu can't compete with the OV system.

Huang Zhang granted too few stock options internally, and the core R&D members of the Flyme team relied solely on their salaries. Now that sales have suffered a setback, their year-end bonuses will be significantly reduced.

Meizu, located in Zhuhai, already faces challenges in competing with leading companies in Shenzhen in terms of salary levels and career development opportunities.

How crazy have OV and Vivo gone right now?

Several headhunters made calls directly to Xingchen's newly hired employees, offering 200% more salary to poach them.

You can't blame them for leaving Meizu.

Working people naturally go wherever the pay is best!

-

vivo Group headquarters.

Office of the Chairman.

"Oh dear—Mr. Xu…look at the mess this has made! It's a complete misunderstanding, a total misunderstanding!"

"But you guys acted too fast; the headhunter probably made a mistake."

Shen Wei glanced at the phone number.

I discovered it was Mr. Xu calling to breathe on my face.

He immediately apologized profusely with a tone that was both funny and exasperated.

He also began to blame these headhunters for being so clueless, venturing into the realm of stars and causing more trouble than they intended.

This year, vivo is still counting on StarCraft to supply Polaris batteries.

The friendship between the two families needs to be maintained in the long term.

Moreover.

Even poaching talent requires orderly competition.

Mr. Xu is a newcomer to the mobile phone industry. He finally managed to set up a plan, but it's not even fully formed yet. How could they do something so unethical?
Starry Sky just wanted to make a car key shaped like a cell phone.

Let him give birth!!

It's purely a product of self-indulgent fantasies within a small community.

Even if you integrate the supply chain and manage to put together a flagship phone, in today's fiercely competitive mobile phone market, it's at best a small fry!

Shen Wei would not have any concerns at this level.

It's not that he thinks Xu Yi is incapable.

It's just too late!
If it had happened five or seven years earlier, Xingchen might have become a household name in the digital world, but he doesn't think that's possible now.

"Mr. Shen, I'm relieved to hear that. I'll still have a lot to learn from you guys in the mobile phone field. I've talked to Bai Yongxiang, and we're planning to set up a branch purchasing center in Shenzhen. We're not very familiar with this area yet, could you give me some information?"

Xu Yi borrowed a donkey to go uphill.

The complexity of the mobile phone industry and its supply chain is comparable to that of car manufacturing. With Bai Yongxiang and Li Nan helping him manage the work, he can save a lot of energy. They still have a lot to do in mobile phone R&D and in-depth industry chain. With Vivo's connections and channels, there's no harm in using them.

"Hey—no problem, no problem..." Shen Wei, adhering to the idea of ​​helping newcomers to the industry, gradually became enthusiastic.

……

The day after the news of the massive layoffs broke and became a trending topic.

The news of Meizu's business changes and Li Nan's departure has finally sparked a new round of discussion within the Meizu community.

Huang Zhang officially responded to Li Nan's classic statement in the community, which can be regarded as confirming Li Nan's departure: "Those who can make money are talents, and those who keep losing money are just a waste of money."

It's unclear whether this statement was meant to satirize Li Nan or to respond to Meizu employees who were laid off or switched jobs.

This immediately attracted close attention from netizens who were watching the drama unfold online.

This caused a great stir!

Consumers who bought Meizu M3s were quite upset, with some saying the comments lacked sophistication and were too hurtful to former employees. Surprisingly, Huang Zhang didn't respond to this, but instead posted a cryptic statement.

This completely ignited the public opinion circle that evening.

"The funniest lame joke I've heard this year is that a car company is making mobile phones."

……

Netizens who were just watching the drama unfold were caught off guard by this bombshell revelation.

A look of utter confusion on his face!

"What the heck? Who? A car company is going to make phones??"

"No way, entering the smartphone industry at this critical juncture."

"Which car company has such ambition to venture into the mobile phone industry?"

"This thing can be easily transferred between different fields?!"

Everyone was shocked.

Joint venture automakers would never do such a thing, and soon people started speculating wildly among domestic brands.

Some people even directly targeted Geely.

Geely has been promoting its smart car system over the past year, and this year it's rumored to be releasing a smart ecosystem based on the Android platform...

But then.

An anonymous netizen's revelation shattered this claim, stating that Xingchen Motors has established a mobile phone business unit and is currently aggressively recruiting mobile phone-related technology R&D talent.

As soon as the news came out.

Not only the mobile phone industry, but the automotive industry was also shaken!

???

Many people who saw this news immediately had three question marks in their minds.

Ah? ?

Starry Sky – Making mobile phones?
"Holy crap, is this news for real?!"

A Star Car owner who was surfing the internet stared in astonishment at the news online.

Today, the number of fans and car owners of Xingchen Automotive is not small; the number of car owners may not be comparable to the number of mobile phone users.

However, in terms of brand awareness and influence, it's not much different from mobile phone manufacturers.

Today, as the wave of electrification gradually takes shape and becomes widespread.

When it comes to new energy vehicles, Xingchen is an unavoidable topic.

of course.

Even when it comes to domestic car brands, no one has been more popular than Xingchen in the past two years.

Other automakers simply manufacture cars, but Xingchen is also a leader in China's power battery industry while manufacturing cars.

The expectations for the energy market are very high.

These days, only a handful of companies can make money from electric vehicles.

However, the profits of companies that have mastered battery technology are rising sharply.

Some people saw this potential and bought shares of Weineng Battery early on, but now they are a bit confused.

"This news is too strange. Why would Xingchen make mobile phones?"

"I can't understand it, but I'm shocked!"

"Last year, Xingchen supplied batteries to Vivo and also produced power banks. Is this their way into the electronics and digital industry?"

"Excuse my bluntness, but making mobile phones isn't that easy. Xingchen should just stick to making cars. This news is a nightmare for a newly emerging new energy company. They think they can do everything just because they've succeeded. It would be interesting if they burned through money like Apple did with their car project and then suffered a huge setback. The key is that Xingchen doesn't have that much money to burn!"

"What are you talking about? What's so complicated about a mobile phone? What's so difficult about assembling one? Do you really think manufacturing mobile phones is as expensive as manufacturing new energy vehicles? Their profits are enough to cover costs. What's wrong with car owners buying one to support them? At worst, I'll give away a phone with the car purchase! Selling 200,000 units a year would be enough to break even!"

"Are you an idiot? Who would use a phone made by a car brand? Are you out of your mind? Don't you know the saying 'a mountain is not a mountain'? Would you dare drive a car made by a phone manufacturer?"

In an instant, they started cursing again.

That's just how the internet is—always noisy.

The official StarCraft website has not responded to this.

-

The car manufacturers are closely monitoring Xingchen's every move.

Li Shufu had just received the news and was slightly shocked that Xingchen had established a mobile phone business.

--hiss.

This action really took him by surprise.

Since the launch of the new brand "Jike" at the press conference, and the success of the Starry Night L7, we have witnessed its success.

Geely's internal planning for the transformation to new energy vehicles has become increasingly urgent.

During an internal meeting, someone suggested that we should simply imitate the Xingchen L7 and develop a plug-in hybrid SUV.

The Xingchen L7 is a single car model, not enough to dominate the entire market.

The strategy of using refrigerators, color TVs, and large sofas might actually be worth copying.

But Li Shufu quickly rejected it.

joke.

Geely is the top-selling domestic automaker.

How could he be someone who would remain subservient to others for so long?!
……

(End of this chapter)