For example, the Infinite brand electric coupe was taken to a fully enclosed track by him as early as half a year ago and ran dozens of laps. It was also a version with a range of nearly 650 kilometers. It was manufactured with extremely high costs.
There is almost no way to promote lithium batteries for commercial use.
To be fair, Su Yehao was also worried that there were flaws in that thing.
After all, it is just a prototype of the first-generation test version, so I have never dared to drive it on the road. It needs to go through a lot of tests to prove its safety.
The road test officially started after he took the test drive. During the period, many minor problems were found. For example, once the positive and negative separators of the lithium battery are damaged, they are prone to spontaneous combustion, which means that you need to be extra careful while driving to avoid collisions.
Because it is too precious, the test car he collected is an expensive decoration costing more than 60 million US dollars. In the future, the battery, motor, and controller will need to be replaced.
Su Yehao clearly remembers that BYAT, in which he holds shares, later successfully developed a blade battery that would not spontaneously ignite even if punctured. This is exactly what he needs now, so he invested a lot of money in developing new batteries, which took a long time.
Only then can a breakthrough be achieved.
Not to mention iPhone1, he has been trying it personally for half a year.
During this period, I updated the IOS operating system of Apple Smart Company several times, and also replaced the new prototype twice. Even though there were constant minor problems, Su Yehao still couldn't put it down. Mainly because there was no choice in the market, so I had to make do with it.
So at today's press conference, others were obviously more excited than Su Yehao himself. He just went through the motions. After accepting the interview, he met several important guests, and then found a reason to stay away...
Representatives from several mainland banks searched around but could not find Su Yehao.
So through the relationship with Bank of China, I made several calls before I contacted Su Yehao's assistant office and left a message saying that I wanted to meet him.
Su Yehao is still at Kai Tak Cyberport.
His modern villa in the shape of a spaceship, which is entirely made of bulletproof glass, has been completed for more than a year. He occasionally comes to live there. The layout inside is quite simple, and it really feels like being on an alien spacecraft.
Several bank representatives came to the door, and it was reasonable to meet them.
From last year to the year before that, that is, in 2006 and 2005, the banking industry financing reform that he had been thinking about for a long time was gradually launched, and every opportunity he could seize was seized.
Such as industrial and commercial banks.
Last year, Su Yehao, together with Goldman Sachs, American Express and Germany's Allianz Group, invested a total of about 3.9 billion U.S. dollars. At the same time, he invested in the Industrial and Commercial Bank of China and acquired 10% of the shares in the Industrial and Commercial Bank of China. Su Yehao later held a 4% stake in the Industrial and Commercial Bank of China.
The Industrial and Commercial Bank of China was listed in January this year. The purchase price was about one yuan and two per share, which has now increased more than seven times.
There is also Bank of China.
Last year, Su Yehao roped in 5S Asset Management, together with Singapore's Dan Maxi, UBS Group, Asian Development Bank, etc., to invest a total of US$6 billion. He personally holds about 3% of the shares in Bank of China.
Now Bank of China is also listed.
The purchase price of one dollar and twenty-five cents has now risen to six and a half yuan, more than five times in less than a year.
In addition, we also raised funds from Industrial Bank, China Construction Bank, Shanghai Pudong Development Bank, China Guangdong Development Bank, etc., and all of them made huge profits without exception.
Su Yehao made a fortune from this, but he was a little depressed afterwards because his idea of sniping at these multinational groups failed.
Judging from the situation of the previous year and last year, the decision to reform financing as soon as possible may have been correct, but in just one year, we can see that those financing transactions have paid off.
He had previously suggested waiting, but in the end he failed to stop the general trend and only won part of the cake.
Of course.
Even if they only get a part, the investors of 5S Asset Management have been plunged into a carnival of skyrocketing assets.
Not counting subsequent dividends, additional issuances, etc., Su Yehao has personally made nearly 200 billion yuan. In the past quarter, he has gradually invested this profit in various industries in the mainland in the form of mortgage loans.
Among them, especially in economic pillar industries such as automobiles, semiconductors, and finance.
The stocks are just stocks when you throw them there, but investing in pledged loans can not only pursue higher profits, but also help revitalize a large number of enterprises, which can be regarded as leaving no room for outsiders.
By now.
Su Yehao feels more and more that he is just the custodian of massive assets. He has no place to spend them for a long time, and he will probably have to give back to society in the future...
Several bank representatives were quickly notified and came to the door of the spaceship villa next to the cruise terminal.
When entering the yard, the first thing you see are numerous trees trimmed into ball shapes. Just by looking at the shape, you can no longer tell what kind of trees they are.
After they were led in by Linda Yun, their eyes were immediately attracted to Van Gogh's "Sunflowers" on the wall of the living room.
With so much money, no one would think that Su Yehao would hang a copycat work.
For this painting "Three Sunflowers in a Vase", Su Yehao spent a total of 125 million US dollars, which is five times more expensive than this spaceship villa. It was purchased from an American collector.
In fact, he secretly bought Van Gogh's "Portrait with Bandaged Ear" for US$90 million, and the painting is hanging in his home in Tai Long Bay.
There are several top art investigators who specialize in helping him collect Van Gogh's oil paintings. This is one of Su Yehao's few small hobbies at present.
If we look at the previous painting "Under the Stormy Sky", it was a time of luxury that he gritted his teeth.
So in June of 2007, Su Yehao had obviously achieved "Van Gogh freedom" and could buy whatever he wanted. It was not a big deal.
In the study room with a blue whale skeleton hanging from the ceiling, representatives from several banks finally saw Su Yehao riding a spinning bicycle.
Su Yehao smiled and said:
"I can't help it. I gained five pounds in the first half of the year. The clothes my wife customized for me last winter are almost unwearable, and she is forcing me to exercise."
An old man with gray hair, wearing a crisp black suit, looked up at the huge blue whale skeleton and asked curiously: "Mr. Su is so interested, will this thing fall off?"
"No... right, the brackets are poured directly into the cement. Unless the floor collapses, that's fine. But if the house collapses, I would rather be hit by bones than by cement."
After Su Yehao finished speaking, he stretched out his hand to indicate for them to take a seat.
Without any instructions, the housekeeper has already sent teapots and cups. At the beginning of last year, Father Su bought a tea field in Huangshan Mountain and has monopolized the Su family's tea supply. The fragrance of Maofeng in the Ming Dynasty is fragrant.
The old man who had just spoken introduced himself as the vice president of the Agricultural Bank of China. After sitting down, he asked:
"We came here to visit today to ask if there is any demand for funds in the near future. I heard that China Construction Bank had just set the loan quota, and was directly contracted by the Baihetan Hydropower Station invested by Mr. Su, and exceeded the loan task for the first quarter. Bank competition
I’m under a lot of pressure and my life is hard.”
Su Yehao couldn't take a breath and almost choked. After taking two deep breaths, he said at a loss of whether to laugh or cry:
"Other institutions say they are having a hard time. I may still believe it. The banking industry is so good. How can you ask me to take on it? But when it comes to big projects, I do have an idea now. I plan to do it every year in the next few years.
Invest 30 to 40 billion yuan to build wind power stations in the mainland. The entire project may last ten years. The efficiency of photovoltaic power generation is slightly low and is not suitable for large-scale deployment for the time being. This plan is not to make money. It needs to be discussed first.
Let’s talk about subsidies and tax cuts, and then we can give you an answer..."