826 The Internet is Infrastructure

Before winning the CCTV standard king, Panda mobile phones must first be scheduled for production. Pen, fun, pavilion www. biquge。 info

The production base located in Zhuocheng is still unusable by the end of the year, and the new production capacity still needs to be met by OEMs. Now Qihang is already a small number of big customers, especially Qihang mobile phones, and the OEM profit is also very high.

In a good situation, it will soon be July, and the weather is getting hotter and hotter.

In the United States, Yang Fan immediately obtained the performance of Qihang mobile phone and the entire first half of the year. In the second quarter, Qihang added 11 flagship stores or franchised stores in North America, and sales increased again on the basis of the surprising first quarter.

In the European market, it is also radiating, in London, Paris, Milan and other places, Qihang also opened flagship stores.

In the first half of the year, Qihang mobile phones achieved sales of nearly one billion US dollars and profits of more than 200 million US dollars. In this regard, Qihang once again raised its target, with an annual profit of more than 500 million US dollars.

With the expansion of the product line and technology that set sail, the profit margin will also increase.

For example, Qihang's current profit margin, if it is not export-oriented, and it is also in the period of exemption, the profit is actually very low. The two exemptions and three halves of the joint venture, and the exemption, credit and refund of value-added tax of export enterprises have reduced the cost of Qihang mobile phone a lot.

If there is no these, setting sail for a new enterprise and still wanting to pursue cost performance will only reduce profits to a very low level.

After all, before Qihang, no matter how good the mobile phone was, its own brand could not support too high a brand premium, and the cost of Qihang compared with the world giants under the same conditions, even if it counted the rich and low-cost labor force in China, it did not have any advantage.

However, now this situation is constantly improving, and setting sail for a market breakthrough is equivalent to improving its brand image again and again. The ever-expanding product line and technology are also constantly driving down the cost of Qihang mobile phones.

Liu Qingfeng, who rushed to the United States at the same time, couldn't help but sigh in the face of this situation, "The competitiveness of Qihang mobile phones will become stronger and stronger!" ”

There are still a few years to go before the two exemptions and three reductions of enterprise income tax, and the value-added tax is exempted, credited and refunded because of exports, and the payment is very small, which is basically a matter of the national tax and customs system. In order to attract Qiqi to Zhuocheng, Zhuocheng directly canceled taxes such as urban construction tax and land use tax with a stroke of the pen.

And because of Liu Ya and the participation of the Big Four, Qihang Finance itself has quite a lot of tax avoidance methods.

It can be said that now that the country is setting sail, the tax incentives are almost unparalleled. In this case, with the expansion of Qihang's product line, technology and scale, the production cost has been reduced, and it has become the most powerful competitive advantage of Qihang mobile phone.

As for the intelligent system, mobile phone chips and other projects developed by Qihang under the death force, and even the acquisition of various technical reserves, as well as the advance layout in the field of 4G, how to look at the prospect of Qihang is a smooth road, and it is no wonder that people who have research on Qihang mobile phones have so much confidence in Qihang mobile phones.

Thinking about it, Liu Qingfeng said, "Goldman Sachs and JPMorgan Chase are very interested in helping Qihang issue a billion-dollar convertible bond, and the issuance fee is also very low." ”

In the current negotiations, the underwriting and sponsorship fees of Goldman Sachs and JPMorgan Chase are less than 10 million for the 1 billion bonds issued by Qihang for a period of five years, and the overall issuance cost is just over 1 percent, including the costs of lawyers, accountants, credit ratings, etc., to see that it has exceeded 10 million, and the overall issuance cost is just over 1 percent.

If you tell others about this price, I don't know how many people will be shocked, and even begin to wonder if Goldman Sachs and JPMorgan Chase have changed their careers to charity.

As for the coupon rate, it is as low as 1%, and the provision is that the conversion can only be selected after three years, but it can be converted into preferred shares according to the stock price on that day. I have to say that Goldman Sachs and JPMorgan Chase dare to undertake this kind of bond, and their confidence in Qihang Mobile is not ordinary.

However, after seeing the strategic layout of Qihang mobile phone, it is difficult for investors with a little vision to have no confidence in Qihang mobile phone.

Especially Yang Fan's past examples, once again added a dazzling footnote to these.

Thinking of these, Liu Qingfeng sighed, "I finally figured out why Qihang got into the car and mobile phone." ”

What is the most advantageous place to set sail?

Now it seems that it is still the Internet, and the big data and cloud computing developed based on the Internet. Regardless of the Internet, or big data, where is the most convenient place for cloud computing to jump out?

Yang Fan has proposed mobile phone Internet and in-vehicle Internet countless times in internal meetings.

When the Internet is increasingly affecting people's lives, the empire that sets sail on the Internet is the easiest to expand and has enough profits. When the car gradually transforms into a product that combines machinery and electronics, the mobile phone is connected to many things in the car on electronic devices.

Thinking about it, Liu Qingfeng completely connected everything and asked, "Do you plan to rely on the big data on the Internet of Vehicles in the future to make more excellent algorithms, so that you can even strengthen the adjustment of the mechanical performance of the car, which can make up for the mechanical shortcomings of Qihang Automobile at this stage to a certain extent." ”

Liu Qingfeng feels that Qihang should have great potential in this regard, after all, Qihang's current data technology is at the perverted level.

He also understands that the same engine, variables box, chassis and other things, different tuning will also have different results, Qihang can use his own perverted data ability, better understand the habits of various drivers, so that the car understands the driver's thoughts, so as to use more appropriate logic to complete the distribution of power, upshift and other operations. To put it bluntly, it is to let the car reach the level of the kind of car that moves freely.

Hearing Liu Qingfeng's words, Yang Fan laughed, "Qihang originally wanted to give full play to his advantages in this regard, what advanced central control, advanced electronic equipment, Qihang can reach the leading level in the back." ”

After a pause, Liu Qingfeng is not an outsider anyway, Yang Fan continued to analyze, "And the appearance, how to say the design of the interior, this belongs to personal aesthetics, but the most advantageous place of Qihang is that in the later stage, you can analyze the appreciation direction of most people through big data, as for the sense of science and technology, this is what high-tech companies are good at, isn't it?" ”

Liu Qingfeng, "......"

Hearing Yang Fan's explanation, Liu Qingfeng completely understood where the advantage of Qihang Automobile was. Not to mention the investment that Qihang Automobile has invested in new energy, it is relying on these advantages, as long as Qihang Automobile develops a slightly better platform, with these advantages, Qihang Automobile is really likely to overtake in the future in the future.

Electronic equipment, Internet of Vehicles, human-computer interaction, human-vehicle interaction, intelligence, new energy......

These advantages are put together, and it is not possible to set sail for a car without accumulation!

Especially now that Qihang Automobile can calm down and start slowly from the low level, it makes Liu Qingfeng feel that the future of Qihang Automobile is bright. Don't be complacent where you have strengths, and sink down where you have defects.

If Qihang becomes an automobile giant after that, that influence will be quite large.

The Internet is invincible, mobile phones, automobiles in the group breakthrough, financial layout is also re-arranged, no one knows what direction will set sail in the future, and will rely on their own Internet advantages to achieve which step?

Thinking of these, Liu Qingfeng has relatives in his heart, and Qihang is really going to the scale of a large chaebol, "Many times, if you don't calm down and think about it, it's really difficult to understand that Qihang is step by step, and the purpose is so deep!" ”

Seriously, it's hard for Liu Qingfeng to understand, how did the young Yang Fan improve these layouts step by step?

Now it is not appropriate to say that the focus of setting sail is on the Internet. From the beginning, Yang Fan has only been the foundation of everything he has, more like a platform.

At this time, Liu Qingfeng suddenly remembered what Yang Fan had said once!

The Internet is an infrastructure.

That's right, the Internet is like a railway, a road, and eventually everything will probably be grafted onto it and grow new fruits.