The profit margin of Chunghwa Group, which has mastered the core technology and opened up the layout of the industrial chain, has jumped to the first place in the world's automobile sales, so it is comparable to Toyota.

If you are only satisfied with the daydream of "market for technology", and are led by the nose by foreign parties, and do not seize the opportunity to find a way to digest the imported technology and form your own R&D force in time, then it can only be a large assembly factory.

Once designated by the state as the "three big and three small" designated automobile manufacturers, after years of joint ventures, the independent research and development strength is still weak, and can only rely on the joint venture factories to provide profits to survive. Despite the slogan of developing its own brands, the best time for growth has passed, and the current Chinese auto market has been carved up by major forces, forming a towering barrier to prevent latecomers from entering.

However, Zhonghua Group has fought its way out, successfully grasped the huge dividends of the outbreak of China's auto market, and followed the tuyere to become the global sales leader, thus firmly standing among the first groups.

Facts have proved that the technological backwardness is not that the Chinese are not smart enough, but that they miss too many classes due to historical reasons, and as long as they lay a solid foundation, they can achieve leapfrog development and complete the overtaking.

Zhonghua Group's ability to stand out among domestic brands and continue to grow and develop under the encirclement and suppression of foreign giants is inseparable from the effective control of Han Hao, the company's helmsman.

From making a fortune in motorcycle engines to entering the motorcycle industry, after a certain amount of accumulation, he entered the automobile field, showing Han Hao's unique business sense. From the imitation of automobile engines, to the organization of personnel to develop domestic engines, and then to a series of operations to enter the automatic transmission, it shows Han Hao's ultimate pursuit of mastering core technologies. From the development of independent brands focusing on domestic automobiles, to cross-border mergers and acquisitions of internationally renowned automobile brands, to going abroad to build factories abroad to achieve transnational operation, it shows Han Hao's outstanding strategic vision. Starting from traditional fuel vehicles, to daring to invest in new energy vehicles, and the large-scale layout of future intelligent travel, it reflects Han Hao's will to continue to innovate. What is even more rare is that after the integration of the automobile industry chain, Han Shoufu dared to enter the key high-tech fields with extremely high thresholds such as chips, LCD panels and operating systems that are related to the overall situation of the national economy, and launched an impact on the global science and technology industry chain tightly controlled by developed countries, which aroused the attention of the whole society and achieved consensus by setting an example, and greatly promoted the process of China's great cause of Industry 4.0.

It can be said that without Han Hao, China's auto industry will be different, and the influence of China's business community in the world will be greatly reduced.

Looking at the business empire built by Han Hao, in addition to Zhonghua Group's firm foothold in the automobile industry, a new pattern of multi-point flowering and targeting has been formed.

Although he made his fortune with motorcycles, Han Hao referred to the evolution history of foreign motorcycles and combined with the actual situation, and understood the truth that two wheels can't run four wheels. For example, BMW and Honda maintain their motorcycle brands, but their main focus is on the automotive field, and the two-wheeled market is shrinking in developed countries.

According to the late-mover theory, developing countries will largely follow the evolutionary path taken by developed countries, which means that China's motorcycle market will also enter a period of recession, which has been reinforced by the endless bans on motorcycles in China's major cities.

It is based on this consideration that the motorcycle business has been retained within the Zhonghua Group, and according to Han Hao's division, it belongs to the sunset industry. The previous heroes provided a steady stream of cash flow for the company, and the company still supported her when she was old.

Unexpectedly, after the ban on motorcycles, the travel needs of the majority of Chinese people were replaced by electric two-wheeled vehicles, and the market demand for sales exceeded 10 million units. Moreover, it has led the global consumption trend of electric two-wheeled vehicles, and further expanded and strengthened the industry.

In 2013, Huaxia Motorcycle's electric two-wheelers alone sold 13.1 million units, nearly a quarter of which were exported abroad.

According to the current development speed, it is estimated that a huge domestic market demand of more than 30 million will be formed in two years, which greatly exceeds the motorcycle market that has been hovering for many years and has stayed at 15 million.

used to be a little brother, but now he is about to become a big brother.

With the blessing of electric two-wheeled vehicles, the importance of Huaxia motorcycles has finally changed and has become an important part of Han Hao's travel strategy.

Within the Chunghwa Group, Huaxia Motorcycle has been ignored intentionally or unintentionally, and the light on its body has been overshadowed by the automobile business that has achieved many successes, and it is impossible to say that employees do not complain in their hearts.

Han Hao also thought about splitting Huaxia Motorcycle separately and treating it as an independent business entity to re-energize it. Since other matters involved his energy, this plan has never been implemented. In fact, as the biggest competitor of Huaxia Motorcycle, Honda Motorcycle, in fact, has always been within Honda and has not been independently split and listed.

Today's explosion of the electric two-wheeler market finally made Han Shoufu make up his mind to let Jiaolong enter the sea and let him swim on his own, splitting Huaxia Motorcycle as a separate business and going public.

In the huge domestic electric two-wheeled vehicle market, there are more than 700 large and small production enterprises like the motorcycle melee in those years, but there is no listed company. Huaxia Motorcycle, which is the overlord of electric two-wheelers and motorcycles, will become a well-deserved two-wheeled first stock.

Huaxia Motorcycle can be described as a very high-quality asset, the motorcycle segment in China, India, Indonesia, Southeast Asia and the newly opened African market (including the results of joint ventures), the total sales of more than 18 million units, firmly holding the hegemony of the old-school king Honda.

The new electric two-wheeler segment sold more than 13.1 million units last year and has great growth potential, expanding its business to emerging countries outside the country in addition to continuing to develop in the domestic market. Even in India, which has just surpassed China to become the world's top motorcycle seller with 17.8 million units, the demand for electric two-wheelers is strong, indicating that this field has more potential than motorcycles.

In the past year, Huaxia Motorcycle's total sales reached 69 billion yuan, and its net profit was 2.62 billion yuan, making it a financially healthy cash flow company.

According to the preliminary valuation given by the investment bank, the market value of the IPO will not be less than 40 billion yuan, which is a strong manufacturing giant in China.

In order to invest in large money-burning companies such as chips, LCD panels and operating systems, Han Hao adjusted the investment industries under his name and freed up a large amount of funds to invest in emerging industries.

As a major individual shareholder of Geely Real Estate and Evergrande Real Estate, Han Hao reduced his shareholding in the two companies to 3% in order to raise funds, and reduced his holdings of real estate company shares on a large scale in exchange for nearly 20 billion yuan in cash.

In addition, the company sold 25% of the shares of Sina and AutoNavi Map to Alibaba Group for 3.5 billion yuan.

Taking advantage of Alibaba's re-listing in the United States, it reduced its stake in 2.5% of its shares to other strategic investors, cashing out $5 billion (about 31 billion yuan in total), but the individual shareholding ratio is still at 7%.

When the market value of Tencent's stock exceeded US$100 billion, it cashed out 4% of its investment equity in batches, obtaining a return of US$3.8 billion (a total of about 23 billion yuan), and his personal shareholding in the company fell to 5.2%. This cash-out alone not only recovered the billions of dollars invested in Tencent's equity, but also made a net profit of more than 10 billion yuan.

The market value growth of the two Internet giants, Alibaba and Tencent, has greatly surpassed that of the industrial-dominated China Group, reflecting the market's pursuit of Internet companies.

In addition, Han Hao also has a killer asset, after the listing of Zhehai Bank, he became a major shareholder with 33% of the shares and promised not to reduce his holdings for 5 years, all the way to follow the growth of the bank.

With the passage of time, with the rapid development of the economy, Zhehai Bank has also grown from a regional bank to a well-known joint-stock commercial bank in the country, and its market value has soared from 70 billion yuan to 220 billion yuan.

Now that the five-year commitment period has passed, Han Hao has also started the road of reducing his holdings, and the market announcement of "major shareholders raising funds for investment in emerging industries" has reduced his shareholding to 20%, thus raising 24 billion yuan of liquidity.

After Zhehai Bank started the Internet finance strategy, the stock price continued to rise, so Han Hao, a major shareholder, did not have much impact on the stock price.

As for the shares of Minsheng Bank, Han Hao emptied it in order to prepare for the establishment of Zhehai Bank, and later bought back less than 1% of the shares in the secondary market without being able to withstand the invitation of colleagues from the Federation of Industry and Commerce, which can be regarded as retaining a little incense. Minsheng Bank's internal equity is too complicated, which leads to constant infighting, and the shareholders have no choice but to invite Han Hao back to take charge.

Based on the above operations, Han Shoufu's richest man has raised a total of 101.5 billion yuan of his own funds, plus bank leverage and other funds to follow, and the total amount of funds invested in the field of high-tech industries with his baton has exceeded 300 billion, which can be described as a national-level strategic investment.

These funds will be invested in HiSilicon Semiconductor for chip design, Kunlun Semiconductor, which focuses on chip manufacturing foundry, BOE, which complements domestic LCD panels, HarmonyOS for personal and industrial software, ATL next-generation lithium battery power for the future, high-end intelligent machine tools suitable for Industry 4.0 manufacturing, and new materials research from rare earth resources......

It can be said that in addition to the automotive field, Han Hao has opened up a second battlefield, and has formulated a five-year plan for this purpose, intending to catch up with mainstream competitors in 5 years and surpass in 10 years.

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