Winning the new financial era

Chapter 105 Race against time
"Pioneer of Green Travel - Huimin Bike Receives USD 5000 Million in Series A Financing"

"Defending the Blue Sky - A Corporate Declaration with Social Responsibility"

"Zhang Yida's fourth venture capital-backed enterprise - Huimin Bicycle"

"The Next Outlet - Bike Sharing"

……

With the successful holding of Huimin Bicycle Green Travel Conference, reports about Zhang Yida and Huimin Bicycle began to appear on the Internet.

The concept of shared bicycles is on fire!

In the past, everyone started their businesses in the fields of group buying, e-commerce, and finance. Unexpectedly, the humble bicycle empowered the Internet, and Zhang Yida was able to play with it.

There's something going on!
Many entrepreneurial young people with ideas are gearing up and eager to try shared bicycles.

This is the case in the Internet age. Information spreads too fast, and there is no information gap like before.

With the wind blowing together, everyone rushed forward and rushed forward!

A large number of entrepreneurs from all over the country are preparing to enter into shared bicycles. When receiving the news from the Business Intelligence Department, Zhang Yida was still busy receiving honorary certificates.

The Ministry of Environmental Protection awarded several honors to Huimin Bicycle, including:
"2014 China Environmental Social Responsibility Enterprise"

"Blue Sky Guardian"

"2014 Environmental Protection Advanced Unit"

"Advanced Collective of China Ecological Civilization Award"

Zhang Yida has also won honors such as "Advanced Individual of China Ecological Civilization Award" and "National Advanced Individual of Environmental Protection".

In addition, the Ministry of Environmental Protection and the Ministry of Communications will fully support the launch and dispatch management of Huimin bicycles in cities across the country.

With these honors and policy support.Even if competitors were about to enter the arena soon, Zhang Yida didn't panic.

Qin Zheng pushed open the door, entered Zhang Yida's office, and respectfully reported:
"Mr. Zhang, the second batch of 10 bicycles has been produced."

He stepped forward and handed over a document, saying:
"This is the city launch plan for bicycles, please decide."

Zhang Yida looked at the plans, and there were 2 sets.

Option 2: Add 2 vehicles to the current 4 vehicles in Beijing to reach 3 vehicles. As for the other three cities, Shanghai will put 4 vehicles in Shanghai, and Yangcheng and Pengcheng will each have 2 vehicles.

This set of plans is measured according to the urban population. Both Beijing and Shanghai have a population of 2000 million, while Pengcheng and Yangcheng are slightly less, with a population of 1000 million.

Plan 2: On the basis of the 5 stock bicycles in Beijing, add 5 bicycles to continue to consolidate the position in the Beijing market.The other 2 bicycles are allocated, 1.5 in Shanghai, and [-] in Pengcheng and Yangcheng.

This set of plans is relatively conservative, and it is steady and steady, and one market is consolidated.

Without even thinking about it, Zhang Yida chose option one in his mind.The market that is about to explode will not give you time to play steadily.If you don't hurry up and staking the land, there is only one dead end.

"Option [-], we must speed up the staking at this stage.

Don't think about losses and costs, we just need to look at the data now.

If you have data, you can get financing, and you won’t starve to death!
In the next year, there will be only one KPI for Huimin Bike, and that is user growth! "

Zhang Yida made a final decision, and at the same time began to convey some thoughts to Qin Zheng.

Qin Zheng frowned a little, he was wondering if he was too aggressive, this is a desperate way to play!

He wanted to persuade Zhang Yida, but he didn't know how to speak.In the end, he could only sigh:

"Okay! I will immediately start the construction of the three branches!"

Zhang Yida saw that Qin Zheng's face was very depressed, so he said with a smile:
"Do you think I'm too radical?"

Qin Zheng saw that Zhang Yida himself had brought up this topic, so he said along the way:

"That's right! Mr. Zhang, I think we are a bit aggressive. The 5000 million US dollars raised in financing is estimated to be spent in three or four months at the most.

It's too risky, in case the money runs out.If there is no venture capital investment in the follow-up, then our capital chain will be broken.

If you want me to say, let's play it safe and steady.Consolidate it market by market, and do a good job in customer service and experience.

Even if there are competitors appearing later, as long as our Huimin bicycle brand is stronger, users will still choose us.

Shunfeng is also taking this high-quality route, even if there are many competitors such as Sitong Yida, he still has a bloody way out! "

Zhang Yida sighed, Qin Zheng is still good at offline management, and he is a complete layman in Internet and online operations.

So this is why Zhang Yida will find a CEO from outside to replace him in the future.This old Qin is indeed capable, but letting him be the CEO would be a disaster for Huimin Bicycle.

Zhang Yida patiently explained to Qin Zheng:

"Old Qin, it's actually very rare for you to have these considerations. I appreciate this kind of quality in you, and you are loyal and honest.

But shared bicycles are not a traditional industry, and we cannot hold on to the traditional industry's style of play.

This is an emerging industry that may reach hundreds of millions of users in the future.

It is also a huge flow entrance and a huge cornucopia.

At present, there are already many competitors eyeing it, and the giants may intervene in the future.

If we can't defeat all our opponents in the shortest time, what awaits us will be endless vicious competition.

Burn money, subsidize users, ride bikes for free, and the car will give users red envelopes...

All these methods may be used by competitors, and it doesn't hurt to burn the money of venture capital anyway.

We are fighting high now, and it seems that we have spent a lot of money.But this is doing big things with little money, and will save even more money in the future. "

Zhang Yida analyzed Qin Zheng patiently, and told him about the current situation and possible future situations one by one.

Zhang Yida's character has both a domineering side and a humble side.He can still listen to the kind advice from the people around him.

Qin Zheng is not aware of the popularity and fierce competition of shared bicycles in later generations, and it is normal to have such thoughts.Moreover, he was born in the traditional express delivery industry, so he didn't understand the rushing style of the Internet.

Qin Zheng was very happy that Zhang Yida was willing to explain the specific reasons to himself.

This not only shows that Zhang Yida, as the boss, respects one of his subordinates, but also indirectly shows that he values ​​himself more.

Although he doesn't know much about the Internet, Qin Zhengren is not stupid, and he roughly understands Zhang Yida's meaning, to occupy the national market as quickly as possible, and leave all competitors far behind.

To support this strategic idea, a steady stream of capital is needed.Similarly, if you want to invest in funds, you must come up with growth data that convinces investors.

After figuring this out, Qin Zheng no longer insisted on his own opinion, and began to implement Zhang Yida's request.

A series of administrative orders have been notified:
First, transfer three elite backbone teams to Shanghai, Pengcheng, and Yangcheng to set up operation centers in the three places.

Second, expand the talent pool and prepare in advance for the crazy expansion in the next year.

Third, increase media and advertising cooperation to increase the exposure of Huimin bicycles.

Fourth, reached a strategic cooperation with Fujitec to further reduce the cost of bicycle manufacturing.

Fifth, reached a strategic cooperation with Ruimin Wealth Management to prepare for the launch of deposit wealth management products.

……

"So fast! It will be stationed in the other three first-tier cities."

Looking at Fu Weiwei who respectfully reported to him on the work in front of him, Li Bing said with emotion.

Fu Weiwei also had a sad expression on her face. Bicycles are still under development and have not yet started mass production.Huimin Bicycle has already conquered cities in other cities.

It made her a little shaken, is it too late to enter the time.

"How is the development of our Baimo bicycle?" Li Bing glanced at Fu Weiwei and asked.

"It's almost coming to an end, and the final test is in progress. The main reason is that the smart lock has some technical content, which took a lot of time."

Fu Weiwei regained some confidence when she thought that her Baimo bike would be launched soon.

Li Bing nodded. He has been preparing for the establishment of Weilan Automobile Company recently, and he has entrusted Fu Weiwei with full authority to manage the work of Baimo Bicycle.

"Speed ​​up the progress! It must be online before December. If it's later, I won't be able to drink a sip of soup."

Li Bing said earnestly, Baimo Bicycle was established in September, and now it is October. If the product is not released in more than a month, then Huimin Bicycle’s taillights will really be invisible.

Knowing the seriousness of the situation, Fu Weiwei gritted her teeth and said:
"There will be more than a month, and it will definitely be online."

Fu Weiwei spent the past month in the laboratory every day, doing research and development with the engineering team.

Although she doesn't understand technology, she also knows that research and development is not as easy as imagined.The engineering team has worked overtime almost every day for a month, and has overcome one problem after another.

To achieve the current results, the research and development progress can be said to be absolutely not slow.

But there is no way, Huimin Bicycle is already far ahead of them, at least the gap is a few months, if you don't fight hard, you won't even have the chance to be your opponent in the future.

Li Bing nodded and stopped talking.In his opinion, Azure Auto is the project to realize his dream.

No matter how powerful Baimobike is, it is just a bicycle. There is no such thing as a car market with a bright future.

Anyway, 1000 million was invested in Fu Weiwei, so let her make troubles!It's a happy event if it can be done, but it's okay if it can't be done.Anyway, it's just a casualty, and the stakes are not big.

For Li Bing, a tycoon of a listed company, 1000 million and Baimo bicycles are nothing.

But for Fu Weiwei, this is where a huge sum of money and dreams set sail.She couldn't help not paying attention.

Back at Baimo Bicycle Lab, Fu Weiwei cheered everyone up and said:
“Currently our competitor, Huimin Bike, has entered four first-tier cities.

However, starting first does not necessarily mean reaching the finish line first!

We still have a chance to worship motorcycles, but we need everyone's full cooperation.

I have already asked the chairman for instructions, and I will take out 10% of the options as a team incentive.

As long as we push Baimobike online before December, the first batch of option rewards will be issued. "

As soon as these words came out, the eyes of all the engineers lit up.Working hard and working overtime day and night, isn't it just for the RMB?
I heard that Huimin Bicycle is valued at more than one billion RMB. Is there any chance that Baimo Bicycle will reach or even exceed this valuation in the future?

Under the reward, there must be a brave man!
Since Fu Weiwei announced the option incentive, the work efficiency of the R&D team has been greatly improved.

Fu Weiwei also went all out, and in order to catch up with the progress of research and development, she released a big option option.

Very decisive!

If Baimo Bike cannot be launched for a long time, the project will be difficult to deliver.Stocks and options are worthless.

Taking it out to motivate the team now is definitely a wonderful move!
(End of this chapter)