Chapter 200: It's Good to Be Young
In addition to the major research project of 8AT, Han Hao also went to see the results of another global joint research and development.
From the beginning of the establishment of Zhonghua Group, Han Hao has attached great importance to the research and development of engines, after all, the three major pieces are the magic weapon for all mainstream automobile manufacturers to make a fortune.
Especially after the acquisition of Land Rover and Volvo, the demand for high-end engines is increasing day by day.
The PG30 engine, which has been painstakingly built before, has not dropped the chain after several years of practical testing, and enjoys a good reputation in the 2.0T market, comparable to Volkswagen's EA888, and the latest model of the existing engine has also evolved to the PG30-5 ranks.
In the field of traditional fuel vehicles, turbocharging has officially become the mainstream direction of the industry, and mainstream manufacturers have launched their own new turbo engines.
In this field, Volkswagen is one step ahead, and Zhonghua Group is close behind, and both have a stronger foundation than other manufacturers in terms of practical accumulation.
When Toyota, which has always been conservative, officially announced that it would prepare to start production of the 2.0T engine for the new Lexus NX model next year, it showed that the wave of turbocharging was unstoppable.
It is based on the foundation laid by the PG30 that the new generation of PG40 engine architecture with the 3.0T engine as the pioneer can be successfully implemented.
The PG40 engine is a trump card star built by Zhonghua Group's global resources, which is jointly developed by top engineers from Zhonghua Motor, Volvo and Land Rover, and integration and modularization are the most dazzling highlights.
The engine can be used to share gasoline and diesel, and can be converted from gasoline to diesel with only a simple modification. In addition, it can also meet the needs of transverse and longitudinal transmission positioning, perfectly match two-wheel drive and four-wheel drive modes, and the single and twin turbo displacements can be compatible from 3.0T down to 1.0T, and can also meet the deployment of hybrid systems.
As for the 3.0T engine developed by the PG40, it is an in-line L6 cylinder engine, which is different from the V6 turbocharged engines of many manufacturers.
Because the in-line L6 has better balance than the V6, the engine will not produce unbalanced inertia forces when the turbine is working, which can ensure that the power output from the low speed range to the high speed range is always smooth. The advantages of the L6 mechanical structure are obvious, and it can also effectively solve the first-order and second-order vibrations, without the need for a separate valve train like the V6, and the power and torque output will be more linear at the same time, and the driving experience with the turbo will also be significantly improved.
The product that Han Hao is watching today is the 3.0T PG40 engine, with a maximum power of 295 kilowatts, a maximum torque of 550 Nm, and an acceleration time of only 5.9 seconds from 0 to 100 kilometers, which is 20% more efficient than the V6 engine of the same power, but the emission is 12% lower. Judging by the performance it shows, there is no doubt that it was developed for Range Rover.
As the general person in charge of the PG40 engine project, Xue Jianbin dedicated the most precious time of his life to "Zhonghua Chip". From the 1.8T of the PG20, to the 2.0T of the PG30, and finally to the 3.0T of the PG40, he has witnessed the arduous journey of Chinese engineers to catch up step by step in the field of automobile engines and finally reach the top as they wish.
"The sunset is infinitely good, just near dusk. ”
Looking at the PG40 engine that a team of more than 2,500 people spent countless efforts to make, Xue Jianbin couldn't help but sigh with such emotion.
The 3.0T PG40 has achieved the world's top level in the field of traditional internal combustion engines, but unfortunately the future automotive industry will be the world of new energy and hybrid vehicles, and such a pure large-displacement engine will finally usher in a swan song.
As for the V6 large-displacement engine that Han Hao has been concerned about, it has already been conquered 18 months ago, and it has been replaced by a turbocharged engine after a simple small-scale mass production, and the information obtained from the research and development of V6 has also been turned into nutrients for the PG40 engine.
When the PG30 2.0T engine was developed, the team led by Xue Jianbin lost to the 6AT team that went hand in hand to develop the 6AT engine, and watched the other party produce mass production results first. When it was the turn of the PG40, the engine team completed the project 11 months ahead of the opposition, and finally pulled the game back.
If it weren't for waiting for the 8AT transmission to land, the PG40's first product, the 3.0T engine, would have been launched half a year ahead of schedule.
With the quack landing of 8AT, 8AT+PG40 will become the golden partner of Zhonghua Group in the next few years.
"Automobiles have been in human society for more than 130 years, and today they are facing unprecedented changes. In the past, we could copy homework according to our classmates, but from now on, we can only rely on our own exploration!
In the next 10 to 20 years, pure electric vehicles will be the trend, but internal combustion engines will still be the mainstream!
Please continue to work hard, create new heights in the field of engines, and create a 'core' for the rise of China!"
After reading the results of the engine, Han Hao made the above speech to the staff on the scene.
The first purpose of this conversation was to respond to some rumors. On internal forums, there have been complaints that the company's boss favors new energy and snubbs the traditional power to bring cash cows to support the business. Han Hao took the initiative to show up to cheer up, just to prove that he was not partial. The second is to reassure the staff. New energy vehicles are in full swing, new car-making forces are active, and many people's minds are floating. This time, Han Hao openly stated that for a long time in the future, the internal combustion engine will be an irreplaceable existence of Zhonghua Group, so that everyone can work with peace of mind.
The self-made man Han has high prestige within the Chung Hwa Group, and this influence is not brought by rank and wealth, but through strong personality and impressive achievements in the business world. He is like a victorious general, as long as he holds high the banner, a large number of soldiers can swear to follow, because everyone knows that following him can live and make war achievements.
Han Hao, who was in a good mood, did not leave in a hurry, but randomly opened the visit mode in the China Automotive Research Institute, communicated with many young generation engineers face-to-face, and felt the vigorous momentum contained in it. This made many employees, especially new employees, rush to take out their mobile phones to take selfies with them, which were widely posted and circulated on Weibo and Moments, with titles ranging from "Brother's work is unremarkable, just to be a colleague with the richest man", or "Online, etc., the richest man is in front of me, how can I successfully attract the attention of the other party, so as to reach the peak of life"......
Finally leaving the Automobile Research Institute, Han Hao really felt the enthusiasm of the new employees and experienced the treatment of being chased by stars.
"It's good to be young!"
Han Hao, who was sitting on a private jet to catch up with the next trip, looked at the clouds floating outside the window and sighed sincerely.
"Yes, before we know it, we are old, and if we are not careful, we can't keep up with the development of the times, like many Internet words I can't figure out what they mean.
If you want to stay alive, continue to embrace change positively. This is true for people, and it is the same for things. ”
Yin Qingxun, the financial officer sitting on the side, answered casually.
This time, the destination of the two is the Pearl of the Orient, and they will continue to communicate with the Hong Kong Stock Exchange and coordinate on the Volvo IPO.
Hong Kong is an important gathering place for international capital in the Asia-Pacific region, and it is also the main channel for China to attract foreign capital, playing a very key role in communication between China and foreign countries.
This time, when Volvo was listed, Han Hao proposed a plan with different rights to the same shares, hoping that the Hong Kong Stock Exchange would make changes and conform to the trend of the development of the times.
With the rise of Internet companies, weighted voting rights have proven to be an effective method, especially for high-tech companies. After diluting the shares, the controller can continue to control the direction of the company, and at the same time, more people can become shareholders of the company and enjoy the dividends of development.
As a free trade port, it is also the trend of the times for the Hong Kong Stock Exchange to take this step, which is an inevitable choice of the times. If you continue to say no, you will be abandoned by the times or replaced by other regions.
On this point, I can see it very clearly with the level and vision of the richest man in Han.
In order to wait for the Hong Kong Stock Exchange to pass the decision, Volvo's IPO progress has been delayed for a long time. Taking advantage of the international economic recovery, especially the new XC60 and S60 selling well around the world, the follow-up models XC90 and S90 have recently been launched one after another, giving Volvo a very high valuation.
According to BMW's current market capitalization of $60 billion and Mercedes-Benz's $57 billion, Volvo's valuation fluctuates between $25 billion and $30 billion. Once successfully listed, Volvo will become a new big blue chip in Hong Kong stocks, and it will also set a record for the largest amount of H-share funds raised in the past two years.
It can be said that Volvo needs Hong Kong stocks, and the Hong Kong Stock Exchange cannot do without a large order like Volvo.
At the beginning, it only cost 1.8 billion US dollars to buy Volvo, and the market value has increased 15 times in just 6 years, which is really a super classic business, which can be regarded as a stroke of genius in Han Hao's business career. Of course, it can also be said that if Volvo continues to stay in the Ford Group, it is estimated that it will still be useless among the bullied concubines. Only by coming to Zhonghua Group and getting a large injection of capital, technology and market, can it truly be reborn as a new giant.
"The New York Stock Exchange and Singapore are reaching out to us to welcome Volvo to their listing. If we continue to talk about it like this, I don't think we need to hang on the tree of the Hong Kong Stock Exchange, so as not to miss this wave of wind.
If the Shanghai Stock Exchange also has the policy treatment of the Hong Kong Stock Exchange, then we will turn around and go north, and we will never go to the Pearl of the Orient to cause chaos.
Sometimes, I really don't understand where the superiority of these people comes from!"
Although it was just a momentary remark, Yin Qingxun, who was in charge of specific listing affairs, did not need to hide it in front of Han Hao, and he also took the opportunity to complain about the resentment in his heart.
"No matter how bad it is, it's our country's own place.
This time, the chairman of the Hong Kong Stock Exchange urgently invited us to meet face-to-face, and it is estimated that there is a chance that there will be key progress, otherwise he would not have named me to be there in person.
Cooperation is mutually beneficial, and division is mutually harmful, presumably they also understand this truth. ”
If you change people to another company and ask for weighted voting rights, it is estimated that the Hong Kong Stock Exchange will directly close the door. But if Han's richest man comes forward, things will be different.
The richest man in China, the richest man in China, the richest man in Asia, the three names together, and then considering Han Hao's influence in the world now, the weight of the words he says is indeed very different.