Chapter 131

Cai Siqiang also seized the opportunity to take advantage of the relationship between Zhang District Mayor and the general manager of Qi Lu, and successfully won the framework contract for the pre-installation of voice GPS navigator on a certain model, although only the high-end configuration is pre-installed, this number is temporarily only tens of thousands of units a year, but it can be included in the original GPS navigator list of the top brand cars in China, which is very beneficial to the promotion of SAL voice GPS navigator in the market.

Because it can be recognized by the public, it is equivalent to laying the brand foundation for entering the ranks of China's high-end GPS navigators in one fell swoop. This is not necessarily the effect that can be achieved by spending hundreds of millions of advertising dollars, of course, Mr. Lu is not a fool, he has carefully studied the engineering prototype brought by Cai Siqiang, and the navigation designed by SAL company is indeed impeccable in function.

Basically, the functions that high-end navigators can have, SAL prototypes are not lacking, but in terms of use, SAL's voice intelligent control function is unmatched by other competitors.

Mr. Lu has not seen a navigator with voice control, but compared with the prototype of the SAL company, Mr. Lu feels that the intelligence of the voice navigator of other companies is just a toddler who has just babbled, and the SAL prototype reflects the high recognition rate, instant response, intelligent real-time natural speech synthesis prompts, which makes people feel completely like there is an adult with a normal IQ next to you navigating for you.

Mr. Lu's only concern is whether the production quality of this product can meet the expected requirements, so in the contract, Mr. Lu still kept a hand, and the sampling requirements for the quality of the first batch of supplied products are very strict.

In the face of this requirement, Cai Siqiang also said that he understood, after all, it is too rare to be able to enter the list of mass suppliers.

As soon as the contract was signed, Cai Siqiang also readily agreed to set up a factory in Dongcheng District for production. The company announced a high-profile plan for a joint venture with MI, relying on the Lingfeng plant in a 50:50 ratio, with an initial contract investment framework amount of up to one billion yuan, and further additions will be made in the future according to market conditions.

This joint venture order makes Dongcheng District's investment promotion work very dazzling in the city. Director Lin also raised his eyebrows, only the director of Dongcheng District Investment Promotion was a little depressed, such a big piece of cake actually had nothing to do with him, but he was a member of the secretary's family, how could District Mayor Zhang give up this piece of fat.

Of course, these institutional origins have little to do with Duke. After the announcement of the joint venture plan, Lingfeng Factory officially changed its name and registered as MI (China) Electronics Co., Ltd., with a registered capital of more than one billion.

The company's main management personnel, in addition to Cai Siqiang as CEO, Dong Feng also served as the company's executive vice president, seizing the power of personnel and finance; Zhao Jianwu is also the vice president of R&D, in charge of the company's R&D.

Zhang Shiqiang, the former director of the factory, was appointed as the company's vice president in charge of production, focusing on production, and other middle-level people were re-recruited on the basis of the original personnel.

Zhang Shiqiang, the old factory director, did not expect that he still had such an ideal position in the new company, and he did not expect that the basic annual salary of the vice president of the new company was 500,000 yuan, which was several times higher than the 100,000 yuan he had received in the factory before.

You must know that this is the money that can be obtained innocently, and it is completely different from those crooked ways that take advantage of the company by engaging in small actions. So when Zhang Shiqiang first heard Cai Siqiang's annual salary, Lao Zhang, who had worked hard all his life, almost burst into tears.

Therefore, Zhang Shiqiang is old and strong, and his motivation is more than before. Almost all the time was devoted to the new company, the implementation of the old contract, the site preparation for the installation of the new factory assembly line, the adjustment of personnel training arrangements, these thousands of things, Lao Zhang was busy all day but had no complaints.

Duke's idea of establishing a laboratory, the specific work of China was also lost to Cai Siqiang, for the time being, the Duke laboratory in China was hung on the head of MI (China), Cai Siqiang according to Duke's requirements with an annual salary of 200,000 yuan to recruit high-end talents for various software and hardware research and development across the country.

Although this salary level is not too high, it is not low in a city like Rongcheng, where the standard of living is much lower than that of Beijing, Shanghai and Guangzhou. What's more, Duke has not yet capped the annual salary of high-end talents, and the proposed research results are also very attractive to talents who are truly talented but cannot afford to start their own businesses.

However, Cai Siqiang is also taking the lead in these things, and the specific affairs are handled by Dong Feng, the vice president in charge of administration, so Cai Siqiang is also a setter.

What he has to do now is how to build his own voice navigation factory.

The prototype product can basically be finalized, but in terms of production, Cai Siqiang also encountered the same problem as the original Duke brainwave product. SAL does not have any experience in the production of high-quality voice GPS navigators.

Obviously, it is not expected to be completed in a short period of time to completely rebuild a set of production lines for its own production, train personnel, and establish a sales, maintenance, and service system. What's more, the navigator also involves a series of follow-up services such as map updates, and the production chain is longer than that of Duke brainwave products.

Therefore, in order to achieve extraordinary development, it is necessary to follow the path of Duke mergers and acquisitions, and quickly acquire complete production processes and valuable production experience, just like MI merged with Clement.

If it weren't for Clement's mature modular production process design, Duke's brainwave production would not have been able to reach the current high production capacity in such a short period of time.

Therefore, with the successful example of Duke, Cai Siqiang and Zhao Jianwu are inclined to directly buy a navigation device manufacturer in the industry to complete this leap forward.

Although Cai Siqiang signed a cooperation agreement with Dongcheng District, as long as the main body pays taxes in Dongcheng District, it is not a big deal for MI China Electronics to acquire a domestic navigation manufacturer to produce.

It's just that in terms of the merger and acquisition object, Cai Siqiang and Zhao Jianwu had a huge disagreement.

At a small-scale meeting held by SAL, Zhao Jianwu strongly recommended that since he wanted to do the best, he stared at TomTom, which is one of the largest manufacturers of portable navigation equipment in Europe, and even from a global perspective, it can be regarded as one of the top three navigation manufacturers in the world.

This company is not only highly technological, but also has a digital map and navigation information supplier, has a complete navigation industry chain, and has also entered several top European car manufacturers.

Once the acquisition is successful, MI China Electronics immediately has a complete industrial chain of manufacturing, service and sales of foreign navigators, and can use TomTom's own map service abroad.

As for the update of domestic map information, it can be used to cooperate with domestic map manufacturers, so that the company will soon be able to form a complete industrial chain in the domestic and international markets on the navigator. If this system is not promoted through mergers and acquisitions, SAL itself can achieve this effect in five years.

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