was rejected by Baidu, and Han Hao couldn't help it, because no one knew what the so-called "Internet of Vehicles" would be in the future, nor did they know what kind of changes would occur when the development of cars to a certain extent would occur.

As long as they focus on search, Baidu can make a lot of profits, and they don't have the time or need to imagine the construction of a human-computer interactive communication platform in Han Hao's mouth.

After eating behind closed doors here at Baidu, Han Hao once had the idea of setting up an IT company to build future in-vehicle systems.

At this time, Ma Jack, the CEO of Alibaba Group, who also belongs to Jiangzhou, came to the door, and the news of Zhonghua Group's intention to invest in the Internet reached his ears, just as Alibaba's financing money was about to burn out.

The Internet is really a money-burning industry, and many ways to play are different from traditional industries, and Taobao, a subsidiary of Alibaba Group, has the upper hand in the competition with eBay with its free strategy. However, the money raised from financing is also exhausted in competition with eBay, and it is urgent to replenish a new capital pool.

In Jiangzhou and even Zhehai Province, Han Hao belongs to the business tycoons who are famous on one side. But Jack took the initiative to come to the door and was confident to persuade Han Hao to invest in Ali Group.

"You're looking for Baidu, and we, Alibaba Group, are well-known in the search field, and many transactions have to be processed through back-end algorithms. If Zhonghua Group really wants to find an Internet company to cooperate, then Alibaba Group is the most suitable target. ”

As soon as they met, Ma Jack, who had been a teacher, talked eloquently, and if it wasn't for Han Hao interrupting, he could talk for three days and three nights.

"I need to develop a central control system for the on-board equipment, which in the future can recognize speech and operate according to human instructions. If it is complicated, it will also provide helpful guidance for the driver. ”

Han Hao said his request.

"If I understand correctly, what you need is a simulated robot that can share the work of humans in a car. Coincidentally, we are also developing a robot customer service system, which will be online 24 hours a day in the future, without eating or sleeping, and solve people's repeated questions one by one in real time, and will not complain and be tired.

I think that since the robot can be used as a customer service, then it can also be mounted on the car, at least in common. ”

Ma Jack is also very smart, as soon as Han Hao speaks, he can be extended to the Ali Group.

Compared with Baidu, for Ali Group, to be honest, Han Hao has not used their products. Taobao is said to be a big online grocery market where people can buy many things that they have never seen before.

In order to let Han Hao know more about Ali Group, Jack Ma personally helped Han Hao register a Taobao account in his office and bought a bag of tea from an online merchant in Jiangzhou.

"Just like tea, in the future, people can buy Zhonghua Group's cars through Taobao, as long as they click the mouse at home, the car will be delivered to your door the next day!"

As for the imagination of the future, Majack is also very forward-thinking.

Now 4S stores constitute a channel for domestic car sales, and once they are all sold online, it is really a subversion of the automobile sales industry.

"I needed a dedicated team to help build the software system, and they would bring together voice input, navigation, music, and more. ”

Han Hao introduced his vision of the future of automobiles.

"Okay, no problem, as long as you invest in Alibaba Group, then there will be a special team responsible for the work of your in-vehicle system. ”

If you get the investment, then it is not a problem for Ali Group to divide some people to work, Jack Ma patted his chest and assured.

The next question is how much investment does Alibaba need?

Baidu's financing is $15 million, and Alibaba will not surpass Baidu too much, with a maximum of $100 million. Unexpectedly, Han Hao's idea was ruthlessly overturned by Ma Jack.

"That's what I want!"

Majek stretched out a finger, not 100 million yuan, not 100 million US dollars, but directly 10 billion yuan.

"You've sold me now, and I can't afford to invest that much money in you. ”

Shaking his head and smiling bitterly, Han Hao thought to himself where he could get so much money. Don't look at yourself as the so-called richest man in China, but all assets are stocks and fixed assets, who can come up with so much money at once. It takes half a day to raise 1 billion or 2 billion funds, and he really can't afford to invest in an Internet company in such a big way.

"In order to prepare ammunition for the war, I just counted all the money for the next five years at once. This time, we decided to give out 45% of the equity and offer it to new strategic investors.

In 5 years, Ali will definitely go public, and the return of 10 billion may be 50 billion, or even 100 billion. ”

For the return on investment, Majack is full of confidence. But judging from the current market, throwing 10 billion yuan on an Internet company that has not yet made a profit is a stupid thing that no normal person would do.

"If you don't pay in installments, you can guarantee an investment of 1 billion yuan every year, at least for 5 years without interruption. Of course, in terms of equity transfer, it will also be reduced to 30%. ”

Seeing Han Hao's constant requests, Ma Jack also knew that he had scared the richest man in China as soon as he opened his mouth. 10 billion, it is estimated that no one in the world will dare to invest in Ali Group. To this end, he came up with the real plan he had in mind before he came.

"Not necessarily all of them are invested by China Group, you can take the lead in setting up a consortium. I believe that with your influence, it should not be a problem to call on a group of visionary entrepreneurs to jointly invest. ”

Originally, I only wanted to invest in an Internet company and cooperate with the other party to conduct in-depth research on the future on-board host computer, but I didn't expect it to evolve into a large-scale capital injection into the operation of becoming a major shareholder, which made Han Hao hesitate.

He consulted Yin Qingxun carefully about the valuation of the Internet company, and took the other party to the Ali headquarters in Jiangzhou for a field inspection, and under Yin Qingxun's persuasion, he finally decided to invest in this local Internet company.

If you start from scratch, it is estimated that you will have to pay a lot of money to build a reliable IT company. Originally, the management in the traditional automobile industry was hard enough, and he did not have too much energy to take care of IT Internet companies, if he could outsource IT to Alibaba Group, Han Hao thought that this was also a cost-effective business.

Under the leadership of China Group, more than 10 domestic investment funds, including Geely Real Estate, Wanxiang, New Hope, and Lenovo, jointly invested 5 billion yuan in Alibaba Group. Zhonghua Group actually invested 1 billion yuan, and guaranteed a loan of 1 billion yuan for Alibaba Group, and obtained 15% of the equity. The remaining Geely Real Estate invested 500 million yuan and gained 5% of the equity, and the rest of the co-investors invested at least 50 million yuan, making up the amount of 5 billion yuan.

Alibaba Group also sold a 35 percent stake, but control of the vote remained in the hands of Mr. Majack, who was in charge of the company he founded.

With the software out of the way, the next step is the hardware.

Zhonghua Group has acquired several domestic automotive electronics factories before, but they are only assembly plants, but they cannot reach the core hardware of on-board electronics.

Many people know that computers need CPU chips, and mobile phones also need processor chips, but everyone may not notice that a car needs to be equipped with many chips, and the number even exceeds hundreds.

In addition to the multimedia entertainment system that everyone can see at a glance, countless chips are used in the engine, transmission, airbags, radar, reversing camera, electric power steering, etc.

The chip forms the nervous system of the car, which can monitor and feedback the car's every move to the on-board computer, which controls various parts.

A "Qin" carries a chip worth more than 2,000 yuan, and the annual sales of the automotive chip market exceed the 10 billion US dollar mark.

Unlike computer chips, which are monopolized by Intel and AMD, automotive chips are mainly dominated by NXP, Freescale, Infineon, and STMicroelectronics, which account for the vast majority of global automotive shares.

For a long time, the development of on-board chips has not been based on performance as the first priority. The car is a high-speed moving machinery, and the consideration of safety accounts for a considerable proportion in the vehicle design process, and the vehicle driving process is accompanied by high temperature, vibration and complex electromagnetic environment, and its working environment is harsh beyond the imagination of ordinary consumer electronics chips.

Therefore, since the electronic system has entered the automotive field, no matter what type of on-board chip, the first consideration of its design is compatibility and stability, especially the stability requirements in the operation process.

A popular example is that in 2004, the computer CPU has used the Pentium quad processor, and the automotive field is still using the 286 processor, which was born in 1982, and the difference between the two is more than 20 years.

"The on-board electronic system is at least 15 to 20 times behind our current trends. It's no exaggeration to say that they're just outdated antiques that don't have much merit other than being durable. ”

Some people make such an evaluation of the current state of on-board electronics.

The aging automotive electronic system is in urgent need of a revolution to catch up with the increasingly developed Internet society.

Researching on-board chips is also a big feat.

Han Hao first found Lenovo Group, they have just realized the acquisition of IBM's personal computer business in the computer field, which belongs to one of the top hardware manufacturers in China.

However, Lenovo Group, which adheres to trade, industry and technology, is now busy integrating the fruits of IBM that it has swallowed, and it can't care about Han Hao's request for joint research and development of chips.

Who are the remaining IT companies with strong domestic hardware R&D strength?

Thanks to his relationship with the Federation of Industry and Commerce, Han Hao met many business tycoons, so he found Huawei's CEO to serve as a politician.

Thanks to the construction of China Mobile's network, Huawei has developed rapidly and has now become the largest communications technology company in China.

There are also many chips in communication equipment, and chips can be said to be the core technology.

Although Huawei is developing smoothly in the domestic and international markets, Ren Weizheng is also considering entering the chip market and mastering the core technology of the communications industry.

"To build a chip, it is estimated that it will take at least 100 billion!"

Facing Han Hao, who came to visit, Ren Weizheng said.

It is no wonder that it is often said that behind an outstanding modern product is often a symbol of a country's industrial strength.

Just a small chip, the R&D fund is as high as 10 billion.

In a short period of time, after hearing the large figure of 10 billion in a row, even Han Hao, who is known as the richest man, sighed to himself that he could not afford it by himself alone, and he had to rely on external cooperation to realize his ideas.

The performance of the current on-board chip 286 cannot be met, and Han Hao requires the function of being able to understand voice and assist the driver to drive.

Since both parties have the need to develop chips, in order to share the cost, Zhonghua Group and Huawei Communications have established a chip research and development company, HiSilicon chips.

The joint venture Huawei, with 70% of the shares and Zhonghua Group 30%, has a registered capital of 3 billion yuan, and Zhonghua Group has committed to invest no less than 3 billion yuan in the next 10 years.

In the future, in addition to developing the field of communications, HiSilicon chips will also invest in the automotive chip market segment to support Zhonghua Group. Han Hao's policy is the same as software, outsourcing the chip to Huawei, and then applying the product to Zhonghua Group's products in the future.

In just one month, Han Hao spilled out 5 billion yuan, which is a long-term investment, and the effective period must be at least 5-8 years later. In the end, what kind of vision he has, we can only wait for time to test.