Zi Weixing can't make a lot of money.

Cao Yang also knows this.

Although the prices of 799,900 and 899,900 are not low, the sales volume is limited, and the profits are not particularly high if you count the various development expenses and equipment amortization in the early days.

So Star 2 and Star 3 are very important.

In particular, Xingchen 2 undertakes important tasks such as helping to amortize R&D costs and plant equipment expenses.

The most important thing is that it also undertakes the task of increasing sales.

As long as Xingchen No. 2 is successfully launched into the market, Xingchen Automobile's annual sales can reach the level of 100,000 units, so there is no need to worry about not making money.

Even at that time, the profit of 100,000 cars of Xingchen Automobile was more than that of 1 million cars of other independent brands.

This is entirely possible.

It can be seen by looking at how nourishing the life of Porsche was in later generations.

To a certain extent, Xingchen Auto must first make itself a surpassing Porsche.

"Mr. Cao, so far, the development of Xingchen No. 2 is relatively ideal, mainly because there are still some places that need to be worked hard in the four-wheel drive system."

"In addition, in terms of chassis, because it is 5.2 meters long, there is no experience in this area in China, and we are still verifying whether the designed parts can meet the technical requirements."

"The rest of the parts are basically under development as planned."

"Even the more difficult integrated hot-stamping door knocker has completed the drawing design and the production of soft molds."

"The prototype production can be officially rolled off the production line in two months, and if there is no problem with the test at that time, you can start to prepare the permanent mold."

"Finally, there should be no problem in launching Xingchen-2 in the first half of next year."

Huan Yongxiang must have reported the good news first.

Sure enough, after he finished saying this, he said stubbornly: "However, as for the Xingchen No. 3, because it is a sports car, it also uses an unprecedented hybrid system, and some parts such as rearview mirrors and spoilers are produced with carbon fiber." ”

"So we still have some challenges to overcome in this regard."

"Of course, there are also some development issues related to the electric motor used in the hybrid system, and the drawing specifications have not yet been determined."

"In addition, the number of chips used on the Xingchen 3 is a little more than the previous two models."

"In particular, the IGBT and other chips on the power control unit still need to be imported."

"According to the current development progress, it may be difficult for Xingchen No. 3 to be launched in the second half of next year."

"Of course, we are also doing our best to fully cooperate with various universities."

"For example, in the research of hybrid batteries, we recruited a professor from a university to take charge of it."

"Dozens of technicians have also been recruited from Dongying to fill the R&D team, and the number of R&D personnel for batteries has exceeded 200."

Huan Yongxiang explained while watching Cao Yang's reaction.

Now the reports are all bad news, and he is also worried that Cao Yang will be angry.

"Go back and coordinate the time with Mi Ying, I will spare at least one whole day a week to tackle technical bottlenecks with you."

"Xingchen No. 2 will be listed in the first half of next year, and Xingchen No. 3 will be listed in the second half of next year, and this time cannot be delayed."

Then there was the financial crisis, and at that time, everyone's attention was not on the model.

So Cao Yang wanted to launch three models before the financial crisis.

Of course, the main thing is that he is confident to solve the technical bottlenecks that Huan Yongxiang said.

"It would be best if Mr. Cao could participate in the development of parts together."

"Now the development team still has a lot of controversy about the battery, motor and electronic control."

"Even if Mr. Cao mentioned some relevant technical directions to you before, there are still different voices within the team."

"It's hard for me to immediately determine which voice represents the future."

For the development of a new technology part, not knowing where the right direction is, this is the most confusing.

In the wrong direction, no matter how hard you try, it's useless.

People who are engaged in R&D are very aware of this.

But after all, not everyone has the same vision as Cao Yang and can clearly grasp the future.

"Tomorrow morning, I'll take half a day to look at the research and development of batteries and motors."

"I'll see the timing of the other parts later."

The problem of battery and motor, that must be paid attention to.

This is also one of the core competitiveness of Nanshan Group in the future.

Although hybrid batteries are power-based batteries, they are still quite different from those used in pure electric vehicles.

However, the production process of batteries is not fundamentally different.

The development process is the same.

It's just that the recipe is different and the test conditions are different.

Similarly, the motor, as one of the three electric parts, is naturally worth working on.

It is not difficult to achieve results in this area.

In later generations, Huaxia itself had a large number of motor manufacturers in China, and they were doing quite well.

Cao Yang then learned about the approximate research and development progress of various fields with Huan Yongxiang, and it was time for lunch.

In the afternoon, I naturally listened to the report of the Finance Department step by step to understand the sales of Ziweixing in China, and then went to the scene to see the research and development of Nanshan Equipment's laser cutting equipment.

Finally, there is the report of the low-key but very profitable Nanshan Special Steel.

"Mr. Cao, although the domestic steel market is still relatively sluggish, and the production and sales situation is a bit unbalanced, but in the field of high-end special steel, there has always been no one to worry about the product."

"We now plan to expand our production capacity from 300,000 tons to 500,000 tons, so we don't have to worry about overcapacity at all."

"Even if it weren't for the limited space for the expansion of the current plant, I think there would be no problem in directly launching a 1 million ton special steel deep processing project."

"For example, die steel, the domestic demand is growing rapidly, high-end die steel can be produced in addition to our Nanshan special steel, other manufacturers are either not very good, or the cost is high."

"In addition, the demand for spring steel, bearing steel, gear steel and other products is also increasing."

"So I thought that after passing the company's approval this week, I would immediately start the bidding work, complete the expansion work as soon as possible, and strive to achieve the expansion early next year."

Xie Lingyun is now in high spirits.

At the beginning, as the deputy chief engineer of Shaogang, although his level was not low, he actually had no right to speak in the company.

But now, as the general manager of Nanshan Special Steel, except for Cao Yang and Huan Yongxiang, who occasionally take care of him, he almost has the final say at other times.

Not to mention that the employees of Nanshan Special Steel respect him very much, it is the leaders and colleagues of Shaogang who are now a little flattering when they see him.

Especially after the news of Nanshan Special Steel's expansion of production came out, the director of Shaogang took the initiative to ask him several times.

Without him, the purpose is to consume more crude steel.

Otherwise, the crude steel will not be sold, and the pressure on Shaogang will be great.

"Since we have a large demand for special steel in our group and in the market, let's expand production."

The specific plan for expanding the production area, Cao Yang actually read it in the email before.

A major event like this is naturally not something that can be ended with a simple report.

It's all good to do a lot of work beforehand.

Cao Yang is naturally very clear about the importance of special steel.

Nanshan Group is developing so fast now that it needs to consume a lot of special steel.

Although considering the overall overcapacity of steel in the past, Cao Yang did not want to compete with domestic manufacturers such as Baosteel to grab the market.

But now Baosteel can't meet the demand for high-end special steel, and instead of letting Dongying and those steel mills in Europe make money, it is better for Nanshan special steel to make money.

"Okay, then I'll contact the purchasing department immediately and inform them to start bidding for equipment."

"Since most of the equipment has been purchased before, this time the work should be completed relatively quickly."

"By the way, Mr. Cao, Nanshan Special Steel received several batches of special guests last month, and also customized a batch of special steel with us, you see this matter we ......"

Xie Lingyun naturally knew the identities of those special guests, but Cao Yang was overseas before, and he didn't dare to report these things casually over the phone.

After all, the other party had made some advice.

Now that Cao Yang has returned to China, Xie Lingyun naturally wants to report it well.

"As long as there is no problem with confirming the identity, we will try to cooperate with whatever they need."

Cao Yang didn't bother much, so he gave his own answer.

Although it is not yet the time to enter a special field on a large scale, it is not a bad thing to have some intersections appropriately.

Whether it is flying in the sky, running on the ground, or swimming in the sea, some special steel is used.

The level of Nanshan special steel is among the best in the country.

Except for some special-purpose steels that are not designed, the traditional high-end special steel, Nanshan Special Steel dares to say that it is the first, and no one dares to say that it is the first.

Cao Yang chatted with Huan Yongxiang for almost an hour, and finally ended today's day's work.

At this time, I had time to stretch my waist and prepare to go to dinner with Fang Sisi.

Weibo has a headquarters in Yangcheng and the imperial capital, which is a bit strange to implement the dual-headquarters model.

Of course, as long as Cao Yang is in Yangcheng, Fang Sisi is also in Yangcheng most of the time.

So to a certain extent, Yangcheng is the real headquarters.

Most of the R&D personnel are also in Yangcheng.

On the imperial capital's side, there are mainly some public relations and review personnel, as well as some technical support personnel.

Although Weibo has been launched for less than half a year, the general trend has been achieved.

Several other portals have also launched their own Weibo one after another, but the number of registered users added up is not as large as Weibo.

I have to say that sometimes the first-mover advantage is still very important.

Especially when the first-mover advantage is in Cao Yang's hands, it is even more difficult for others to catch up.

At the beginning, Cao Yang contacted a group of celebrities through Zhang Songwen to settle in, and quickly accumulated a group of users.

At the same time, due to the mobilization of a large number of people in the automotive industry to settle in Weibo, it has also driven millions of high-quality users in disguise.

Then, Fang Sisi used his special resources to quickly promote many institutions to open official Weibo on Weibo.

This further led to many people in the system starting to register Weibo, so that the number of users ushered in an explosion again.

After these big moves were completed, other companies' Weibo was launched one after another.

Obviously, this time, the daylilies are cold.

The moat of Weibo has been preliminarily constructed.

Next, due to the various actions of Nanshan Film and Television, the personnel in the entertainment industry are more active in extending an olive branch.

Even if other platforms attract some celebrities, the effect is greatly reduced.

As for people in the automotive industry, they will not register several Weibo posts.

Try to think about it, if there are several software similar to QQ, how many people will log in at the same time every day?

Winner takes all, and it won't take long for the winner to be decided.

"Mr. Fang, you, the goddess of entrepreneurship, have you gone down to earth today?"

In the box on the bank of the Banjiang River, Cao Yang saw Fang Sisi, who had just returned from the imperial capital today.

This little Bie Sheng is newly married, if it weren't for the box, it is estimated that there will be 300 rounds of battle.

"If you don't come back, the goddess will become an immortal."

Fang Sisi glanced at Cao Yang, who stepped forward to hug him, and obviously had some opinions about Cao Yang's business trip for so long this time.

Fortunately, both of them have their own careers, and everything is the same after fighting for a while.

"Now many venture capital institutions want to invest in Weibo, and I am preliminarily preparing to take out 20% of the shares and introduce two venture capital institutions in accordance with the direction discussed with you before."

"What do you think is the best choice?"

Fang Sisi is now devoted to Weibo, full of a sense of achievement.

Now I naturally hope that Weibo can go to a higher level and gain a firm foothold.

"In fact, it is very simple, the development speed of our Weibo is much faster than that of ordinary Internet start-ups."

"So it won't be like other companies that have so many angel rounds, A rounds, B rounds, C rounds, etc."

"Now that the development of Weibo has entered the right track, the next step is to consider which investment institution can make it more convenient for us to go public."

Cao Yang pointed out the fundamental purpose of financing.

With the support of Nanshan Group behind it, there is no problem for Weibo not to raise a penny.

Now that the advertising cost has also increased steadily, there is even hope that it will be profitable this month.

In this case, if you want to raise money, you will naturally go public.

Nanshan Group, Cao Yang will definitely not be listed.

Even the various entities under the Nanshan Group, he has no intention of going public.

But Weibo is different from these Internet companies, if you don't go public, then there is no way to make money, and there is no way to fight with other listed companies to burn money.

After all, other people's money is brought in by the financial market, and your money is earned back by penny.

When using money, the mentality is naturally different.

"Going public?"

Fang Sisi was stunned for a moment.

Weibo will be listed in the future, and Fang Sisi has long thought about this goal.

But she started thinking about listing so early, and she really didn't react.

"That's right, this year's financial market has been hot, you look at the income of Nanshan Investment in the stock market, you know how hot the financial market is."

"Therefore, it is best for Weibo to be able to quickly promote the listing work this year and be fully listed by the end of the year."

As soon as Cao Yang said this, Fang Sisi was stunned again.

Weibo was only established this year, and it will be listed this year?

Isn't that an exaggeration?

Although she has been abroad, she knows that in those places on the NASDAQ, the requirements for the listing of companies are much looser than those of A-shares.

But isn't it too exaggerated to send Weibo to the market within this year?

"It's the end of April now, is it too late to go public this year?"

This question is definitely not Fang Sisi's will.

When the time comes, many people within Weibo will have it.

"As long as the venture capital institutions choose well and the sponsors of the listing are strong, there is no problem in listing this year."

"As a major shareholder, we have no way to trade shares immediately after listing."

"So even if it goes public at the end of this year, it won't be able to start trading until the end of next year."

"Who knows if the financial markets will always be so hot?"

Cao Yang had no way to tell Fang Sisi that there was a financial crisis in 2008.

So either don't go public first, or if you want to go public, you should go public this year.

Otherwise, when the time comes for the financial crisis, seeing the value of the stocks held in your hands drop by a zero, your heart will definitely bleed.

"If you follow your statement, then Sequoia and IDG are the most suitable, they are both familiar with the situation on the NASDAQ and can be regarded as landlords."

"If we give away 20% of the shares, it will be considered as road money."

Fang Sisi combined Cao Yang's opinion and soon had his own judgment.

There is some money that you have to earn for others.

If you eat alone, it is not so easy to make money on the NASDAQ.

Thinking that the wool came out of the sheep, and in the end it was all the money of American stockholders, Fang Sisi quickly thought about it.

"No problem, just do what you say."

"When you sign the agreement, you can talk about the idea of going public by the way."

"I believe they must be very willing to put Weibo, the dark horse of the Internet industry this year, to quickly promote the listing."

"It's definitely a win-win."

Cao Yang knows too well the urine nature of those financial institutions.

As long as you can make a lot of money, you can talk about anything.

Besides, while making a lot of money, there are gimmicks to engage in, so the motivation is naturally higher.

"Now their valuation of Weibo is about $300 million, and if they give up 20% of their shares, they can raise $60 million."

"We can burn all the $60 million before we go public and exponentially increase user data."

I don't know when it began, the financing of China's Internet industry is valued and financed in US dollars.

Fang Sisi also has no way to be different.

"Yes, on the one hand, expand the strength of technical personnel and safety auditors, and on the other hand, increase the promotion of new users."

"In addition, the Asian version of Weibo can also be considered for launch next month."

"Even a European version or an American version can be launched."

"This should also be a good story for the listing."

Cao Yang didn't particularly expect Weibo to perform particularly well in the long run, either in the United States or Europe.

However, it is just getting started, and the competitors have not yet been officially born.

Relying on the first-mover advantage to attract a wave of users, help Weibo go public smoothly, and the stock price is high, there is no problem.

When the other competitors grow up, that's a year or two later.

At that time, it was the time of the financial crisis, and I must have cashed out some of it.

Wait until the trough to repurchase again.

This comes and goes, and it is estimated that the money earned is enough for Nanshan Investment to invest in a large number of enterprises in a mess.

"If this is the case, then a large number of technical personnel will need to be added, and the labor cost will also increase a lot."

Although there is no way to compare the salary level of the current program ape with that of more than ten years later.

But compared to other industries, it is not low.

It is no wonder that Fang Sisi has concerns in this regard.

"It doesn't matter, technicians are also an asset."

"At that time, even if Weibo doesn't need so many people, it can be given to Autohome or Nanshan Group."

"How many animals like programmed apes there are, we can eat as much as we can now."

Cao Yang's confident look made Fang Sisi breathe a sigh of relief.

"Weibo can be considered for listing as soon as it is established this year, so can Autohome also arrange for listing?"

Although Autohome is not the responsibility of Fang Sisi, it is also the earliest Internet company invested by Nanshan Group.

And up to now, Autohome should be firmly in the first position in the automotive media category, and it has also achieved profitability.

In this case, it stands to reason that the conditions for listing are fully met.

That's why Fang Sisi mentioned it like this.

"The situation of Autohome is still a little different from Weibo."

"Compared with the Weibo platform, Autohome is still relatively niche, and the main thing is to do a good job in the domestic market in China."

"In the next few years, the automobile industry in China will definitely develop rapidly, and the number of users of Autohome will continue to increase."

"So it's okay to consider going public in a few years."

"Anyway, they're now profitable, and they don't need to rely on IPO financing to get funding."

Cao Yang didn't want Autohome to have so many external shareholders, and the business could have developed without the cooperation of other investment institutions.

It's not like Weibo, it's more sensitive.

If you Nanshan Group want to eat alone, it will definitely not work.

And it is not good for going out of China.

Listing must be useful for the development of the company.

Obviously, Cao Yang doesn't think there is any benefit to Autohome going public now.

"That's right, Autohome is still a little different from Weibo."

"And it is estimated that it will be more difficult to enter the overseas market."

After Fang Sisi listened to Cao Yang's words, he quickly understood.

"Then let Weibo become the first listed company under Nanshan Group."

"When the time comes, we will also use the investor's money to burn it, so that other competitors will be completely dusted."

(End of chapter)