Lu Ming attaches great importance to the first batch of listed companies on the Science and Technology Innovation Board, and the requirements for the following are very clear. The three listed companies responsible for Tiansheng Capital must get good bids.
After a while, Han Qiulin replied: "Fortunately, we had an emergency response plan in this area earlier. There are six targets on the record, four semiconductor targets, namely Liangwei, Zhuo Shengwei, Star Semiconductor, and Si Rui.
Pu, as well as Tianhe Solar, a photovoltaic target, and Wantai Biotech, a medical device target."
Lu Ming leaned back slightly on the boss's chair, and after thinking for a moment, he made a decision: "We have already participated in the six registered targets in the primary market. I have learned about them, and they are all pretty good, with huge growth potential.
, it doesn’t matter which one you choose to fill the vacancy... Then choose semiconductor, let’s choose Zhuo Shengwei!”
After receiving Lu Ming's final decision, Han Qiulin left the office and conveyed the matter to her subordinates for implementation.
Compared with Mihayou's initiative to withdraw its IPO application this time, these six major companies are actually lining up for IPO, and some may not be listed until one or two years later, so these companies are eager to complete their financing and listing plans in advance.
Tiansheng Capital is not a securities firm, but by operating from it, it can still greatly shorten the time to market.
…
Half an hour later, Lu Ming left the company headquarters and took his assistant Han Qiulin to the headquarters of Tianchi Technology for an inspection. It was not far away and was also in Ningzhou City.
Tianchi Technology is the most valued new energy company in Ningzhou City. There is no doubt that the company was incubated from Tiansheng Capital and was led by Lu Ming in the early stages. It was destined to be extraordinary from the moment it was born.
"Chairman, according to the company's established plan, we will be able to launch the first model for consumers in March. Since the beginning of the new year, product launch promotion has already begun." Zheng Hongrui, the leader of Tianchi Technology, accompanied him at this moment.
Lu Ming inspected them together and found that they were in a production workshop.
"In general, everything went well?" Lu Ming said casually as he walked and watched.
"Smooth!" Zheng Hongrui replied with a smile.
"How is the autonomous driving module going?" Lu Ming doesn't know the specific technology research and development, but he also attaches great importance to this area. The real money-making place of Tianchi Technology is not in selling complete vehicles, but in-vehicle operating systems. This is
The core technology of Tianchi Technology lies.
If you look at it from a profit perspective, the core profit point is the huge database accumulated in the vehicle!
"According to the current research and development progress, it will not enter the commercial stage until at least around 2021." Zheng Hongrui replied truthfully, and naturally he had nothing to hide from his father, the funder.
"Step by step is the basic principle, but we must also hurry up. Tesla's super factory in Shanghai has started construction at the beginning of the month. The domestic speed is not comparable to that of foreign countries. It is expected to be put into production around the beginning of next year. This first battle is critical.
, I will leave all the power to you, and I will handle the capital market matters." Lu Ming said as he walked.
Zheng Hongrui patted his chest and said with a confident smile: "Understood, Chairman, don't worry. We have been waiting for this big move for so many years, and the parent company invested in it regardless of the cost. Although we started late, we are the fastest catching up in the industry.
We are the biggest player in investing, and we are very confident in our products and technology."
How does Tianchi Technology play with cars? There are two high-level summaries: the first is to use the most outstanding talents. In order to achieve the first, the second is to spend the most money!
Lu Ming nodded. He had no doubts about Zheng Hongrui's employment. In recent years, the parent company of Tianchi Technology has basically paid, paid, and paid again, leaving all the following things to Zheng Hongrui.
Next, Lu Ming continued to learn about other related issues of Tianchi Technology. In terms of sales, Zheng Hongrui decided to adopt Tesla’s model, which is direct sales from specialty stores. In fact, Tesla’s model also adopts offline retail sales of smartphones.
Store model.
Tesla's super factory in Shanghai started construction in January this year, and Tianchi Technology's first factory has been put into production, and the second one has been launched. In terms of production capacity, it is certainly worthy of Tesla, a major competitor.
…
Lu Ming inspected the production workshop for more than 20 minutes, and now he has arrived at a lounge in the Tianchi Technology Office Building. There are Lu Ming, Han Qiulin and Zheng Hongrui in the room.
Zheng Hongrui, who had just sat down in the lounge, immediately said: "Chairman, another new project must be launched and cannot wait. If we delay it any longer, it may be too late. Elon Musk has already started it a long time ago. The company needs it."
A new budget was allocated to this project.”
He bluntly stated that he should make money as soon as possible. Tianchi Technology is now a gold-swallowing beast that can only get in but cannot get out.
Han Qiulin, who was sitting aside, glanced at Lu Ming, then cast her gaze on Zheng Hongrui and said, "Mr. Zheng, Tianchi has spent more than 200 billion on investment over the years. It gave 18.9 billion in October last year. How can we ask for it again so soon?"
parent company……"
At this time, Lu Ming raised his hand slightly towards Han Qiulin and made a small downward gesture. Seeing this, Han Qiulin stopped talking. This was not because she was talkative, but because she formed a tacit understanding with Lu Ming.
What Han Qiulin just said was actually what Lu Ming wanted to say, but he said it through Han Qiulin's mouth. In this way, no matter what Zheng Hongrui said next, Lu Ming, as the leader, would be able to ignore his words.
Catch it without pressure.
Lu Ming took his hand back and looked at Zheng Hongrui with a smile: "What project?"
Zheng Hongrui also replied simply and neatly: "Star Chain!"
When Lu Ming heard the words "Star Chain", he had already made up his mind. He was also more relieved that Zheng Hongrui was in charge of Tianchi technology. He thought so in his heart but said succinctly: "Expand it."
Lu Ming had made a judgment in his own mind, but he still wanted to hear what the other party said personally to get further confirmation.
Zheng Hongrui nodded and said: "The day before yesterday, when I held a technical department meeting in the company, I concluded that within three years, many new car-making forces will flood into the field of new energy vehicles, including those well-known smartphones.
Manufacturers will also come in one after another."
Lu Ming's eyes suddenly lit up, but he just nodded without saying anything. Han Qiulin next to him was surprised by Zheng Hongrui's judgment. Smartphone manufacturers crossed over to build cars?
Zheng Hongrui continued to say in an orderly manner: "Why do companies that make mobile phones go to make new energy cars? I said this at the technology department meeting. Today's new energy car companies and smart car companies are not traditional car companies. I also said that our world
Chi is actually an Internet company, and car manufacturing itself is actually an Internet platform."
"All your information will become a platform on your new energy vehicle. Generally speaking, you go wherever you go. If it is a smartphone, many times I will refuse you to provide me with location services. This is the case for most people.
.”
"But what about when you are sitting in the car? You have to use a navigation system, right? Your navigation system just tells me your location, right? As long as you get in the car and connect to the car's wireless device, who is actually in your car?
I have all the information about who he is and what he is going to do."
Lu Ming leaned against the sofa with his legs crossed, holding his chin in one hand and nodded, still silent.
Zheng Hongrui continued: "So I say that a new energy vehicle company is actually an extension of an Internet company, and cars will be irreplaceable as a mobile network in the future. We also noticed that as a smart device, the mobile phone is subject to
Depends on the battery capacity and the size of the phone.”
“But it’s different if you put it on the car as a car-mounted station. The power can be much higher and the content that can be accepted is much wider. As long as your power is high and the receiving antenna is large, the car-mounted station can be used when your mobile phone has no signal.
The station definitely has a signal, and it’s easy to do it with existing technology.”
"In other words, once I use it as a vehicle for communication, how big will the signal difference be? At this time, I should pay attention to Elon Musk. He said that he is going to launch the Starlink project."
Lu Ming, who was holding the armrest of the sofa with one hand, raised his voice at this time and said: "I remember that Musk was not the first to play with Starlink. It was probably the people from Motorola who went there at the end of the last century and came up with a plan.
what do you say that is……"
Zheng Hongrui blurted out: "Project Iridium!"
Lu Ming snapped his fingers and said, "Yes, Project Iridium, but he died miserably later."
Zheng Hongrui said unhurriedly: "The Iridium satellite project died in an ugly way in the end because when you use Iridium satellites, you will find that the strength of your mobile phone, the size of your customers, the signal strength, including the transmission rate, are not cost-effective at all.
But there is no problem if it is turned into a vehicle-mounted radio. The current technology is not that of the end of the last century. It is no problem to put the current maritime satellite system on a ship, and there is no problem if it is large enough to weigh several tons."
"So in future communications, new energy vehicles are smart trams, which are very different from traditional petrol vehicles. Smart vehicles will become Starlink groups one by one in the future, and become another form of communication for your company, so it is particularly
Tesla is actually a big competitor, and Musk has great ambitions. Although Tesla's stock price has plummeted recently, from an investment perspective, we should be optimistic about Tesla. Chairman, you should go and copy Musk's bottom, for sure.
Make a lot of money, the capital market hasn’t seen it clearly yet but will definitely see it clearly in the future, haha, just kidding, saying investment in front of the chairman is just a trick."
As a peer, Zheng Hongrui is on the front line and definitely knows the true situation and future direction of this industry better than most institutional analysts.
Lu Ming couldn't help but smile when he said this. In fact, Tiansheng Capital's diving funds have already begun to lurk in Tesla.
Zheng Hongrui returned to the topic and continued: "So when I saw Musk saying that he was going to build Starlink, I was also anxious. We haven't done it yet. In fact, his Starlink is completely integrated with Tesla cars.
Yes, you definitely can’t just take it out and look at it, that’s one-sided. Today’s Internet companies think they have users and their users’ mobile phones, but smart terminals such as mobile phones have become saturated and have entered the stock market, and the limitations of smart terminals
More and more, we will definitely turn to smart cars to explore new growth points."
"As for our number one competitor Tesla, there is another important difference brought about by regional differences, that is, our domestic mobile phones are real-name. They have been real-named for a long time, and they are real-named to the website."
"Tesla is a Western company and an American company. Users there are anonymous when surfing the Internet. This means that I don't know the situation of the users. But as long as the users in the United States are bound to the car, it will be completely fine."
It’s different. The United States is a country on wheels. This is their culture. Each person has a car.”
At this point, Zheng Hongrui spread his hands, clapped the back of his hands and said, "Isn't that the same as your real name? There is no difference between your license plate number and your personal name."
Real-name means truly understanding the user, and then the massive data is valuable. It is money, and it has to be repriced by the market.
Lu Ming nodded again and said: "Under such a scenario, the so-called car-making company's entire operating system actually revolves around people and the Internet. Based on this logic, a valuation was immediately generated.
Different, fuel vehicles are valued according to traditional industries, but for Tianchi Technology, Tesla, these new energy vehicle companies have to be valued according to Internet companies, which are all valued at a price-earnings ratio of 100 times.
It’s worth it, incredible.”
Lu Ming’s Tesla’s market value in his previous life reached one trillion US dollars. How did the market value it? Can it be estimated at one trillion US dollars based on the valuation of a traditional car company? It’s simply impossible.
But if we think of Tesla as an Internet giant, Google, and Amazon, and smart cars as smartphones, and benchmark them like this, shouldn’t Tesla’s market value reach a trillion dollars? Isn’t it right in the same period?
What is the market value of giants like Google and Apple?
Of course, there are only a handful of people who can see this level at this point in time. Tesla’s market value at this moment is only about 50 billion US dollars, and it is still diving. No matter how you look at it, it is going to be destroyed.
In the end, Tesla got a hand, and the Gigafactory was built and put into production at "light speed" and then began to "storm". After the production capacity was increased, Tesla's stock price also started to soar like a rocket.
Just as Lu Ming finished speaking, Zheng Hongrui immediately nodded: "Yes, yes, I completely agree with the chairman's conclusion, and we basically leave this part of the motor and battery to the friends in the 'Tiansheng Department' circle of friends.
, the technology is also becoming more and more mature, we really don’t do it, this is not a core node.”
"Even from a commercial perspective, the real money-making part is neither the motor nor the battery, nor even the car, but the network big data derived from the car itself, which brings greater benefits. So I say that Tianchi technology is the Internet
Of course, the company must be valued as an Internet company, and other new energy vehicle companies will also be valued in the same way. Whether it can survive is another matter."
"Looking back, it is easy to understand that mobile phone manufacturers will build cars, because this itself is in a circle. If you understand this logic, you will know why I judge that mobile phone companies will build cars in the future, but I have not realized it now.
But they will all react within three years at most, and those well-known mobile phone manufacturers will definitely fail, and they will not dare to fail."
"The other one is that there is a real problem for our country. Now the high-end chips outside are getting stuck, because after reaching the big object of cars, many things no longer need to be as sophisticated as smartphones.
, The size of a mobile phone is just that big, and space is of great value, so the chip must be miniaturized and miniaturized, and the technology must be cutting-edge.”
"But cars are different. Such a large object can be used with relatively poor performance, more power consumption, more heat dissipation, and a larger chip. Relatively speaking, the neck jam is less stressful.
A little bit. But because of this, the future new energy vehicle market will definitely be in a chaotic situation where all the demons are dancing around for some time."
At this point, Zheng Hongrui had almost finished what he wanted to say. Finally, he looked at Lu Ming and added: "Chairman, you have great influence and can understand the public. Maybe you can make an internal reference and suggest that the higher-ups increase their efforts and speed up the process."
To promote the new energy industry, after all, the dilemma of high-end chips will not be solved overnight, but the problem at hand is imminent and development cannot be stopped. Chips must make breakthroughs and new energy cannot be left behind. Both hands must be grasped and both hands must be strong.”
Lu Ming did not answer Zheng Hongrui, but moved slightly towards Han Qiulin, looked at her and said: "Qiulin, have you heard everything? What is foresight? This is foresight. At that time, it was decided to let Hongrui take full control of Tianyuyun.
Chi, although the board of directors voted with me in the end, I know that nearly half of the directors still disagree in their hearts. They should come and listen. Later, you can prepare a report and put it together for them all to read.
, especially let Gao Hua take a good look at it."
Han Qiulin smiled and nodded lightly: "Okay."
Zheng Hongrui, who was sitting aside, lowered his head and touched his nose in embarrassment when he heard this. It was the first time he saw his immediate boss praising him in front of him but indirectly by talking to Han Qiulin.
By all accounts, Lu Ming was talking to Han Qiulin, but Zheng Hongrui couldn't answer the question to express his humility, so he had to touch his nose in silence.
After all, he is his immediate boss. He doesn't say much but has full control over the situation.
However, Zheng Hongrui is not just a technical man. He not only heard the big boss praising him, but also noticed that the big boss mentioned the board of directors of Tiansheng Capital in his words. This is the key information.
Zheng Hongrui believes that the big boss is not saying it casually, but is conveying another meaning to him: You, Zheng Hongrui, have burned so much money and you don’t know when you will be the leader. Can you save a piece of Tianchi’s future?
It’s still unknown. The board of directors of Tiansheng Capital has a lot of opinions on you. I have the full authority to shoulder the pressure of the board of directors. You can’t just worry about burning money. You have to burn something good for me.
Come.
Thinking of this, Zheng Hongrui's pressure also increased. Although he was very confident in Tianchi's technology, the company's products had not been inspected by "Mr. Market" anyway, and he had to face the final test of consumers to see whether they could succeed.
Time has to rely on shipment volume. Now that the funds have been burned to an astronomical amount, we still have to continue to burn it. It is impossible to say that there is no pressure.
Just after Lu Ming finished speaking to Han Qiulin, he turned to look at Zheng Hongrui and said with a smile: "There is no need for internal reference. The country's vision is further, broader and more comprehensive than yours. You are at the fifth level at most, and the country has already stood
The atmosphere, in the energy field, new energy is a strategic chess piece, and the intensity, speed and depth of advancement in this area will exceed your expectations."
Lu Ming has not forgotten carbon neutrality, carbon trading is coming soon.
When Zheng Hongrui heard the word "strategy", his eyes immediately lit up and he was very excited. He knew what it meant that new energy could rise to the level of "strategy" at the national level.
Just do it hard and that’s it!
Lu Ming added: "Looking at the bigger picture, the Tianchi technology you are in charge of has a historical mission. The elimination of oil trucks is a trend. In the future, the big data generated by the smart cars driving on the road is related to
The security of National Geographic’s core data and information security, including people’s travel safety, are critical.”
After a moment of pause, Lu Ming looked at Zheng Hongrui and added: "If all smart cars running on the road in the future are Tesla's and foreign brands, then these core data related to society and even national security will be controlled in foreign countries."
In the hands of the company, the details of the rooms, halls, doors, bedrooms, and layout of your home are clearly known. There are no secrets at all. What if he messes up? So Tianchi technology is only a commercial success.
It’s the minimum, but far from enough.”
What Lu Ming wants to express by these words is also very simple. The game in new energy vehicles is definitely not just limited to the commercial competition between multinational companies.
At the end, Zheng Hongrui nodded slowly: "Chairman, I understand."
