Chapter 563 - 247: Not Even a Dog Would Buy It (Part 3)
Chapter 563 - 247: Not Even a Dog Would Buy It (Part 3)
Li Yang resolutely refused to handle this matter, because it’s a mess that could likely bring trouble upon himself.
The reason for letting Chen Peipei step in was mainly to have a backup plan; after all, it doesn’t matter who earns the money.
And with the platform in place, it’ll be easier to move goods.
...
"President Bai, since your aunt isn’t here these days, aren’t you bored?"
Bai Qing heard this and nervously yet helplessly said, "Honey, can we not talk right now?"
"Ha... I forgot, I forgot..."
After about ten minutes, Bai Qing wiped the sweat off and said weakly, "Penguin Game and Blue Hole have updated, they’re getting closer to us, reducing the game’s framerate, which lowered the overall game entry threshold by more than half. Plus the free presence, their user growth in the past half-month has been rapid, with an average daily online count reaching fifty to sixty thousand. If it weren’t for the Hundred Cities League attracting so much attention, I’m afraid their momentum would be even stronger."
"That’s why, President Bai, you’re still amazing, effortlessly keeping Penguin Game at bay."
"Hehe, honey, you’re the amazing one, keeping me at bay. I can hardly even lift a finger now."
"Can’t lift a finger? I don’t believe it, let me see..."
"Oh dear..."
That day, Li Yang didn’t go back to Jiang Banxia’s.
He even stayed in the dorm for the next two days.
Wait for the smell on him to dissipate.
With the dormitory’s smell, as long as he stays in there for two days, it’s guaranteed that Jiang Banxia won’t smell anything.
On April 30th, the last batch of funds arrived.
The next day, Li Yang invested all the funds, completing the position reduction this time, allowing for possible minor adjustments later, but overall not much change.
It will remain held until April 2018, after which the contract ends, and the funds will be unlocked.
As for Extreme Shadow Cars’ points, they can only be used in the next round.
At this time, the new round of recruitment for Extreme Shadow Cars and Green Water Heaven and Earth has ended; the adjacent county of Green Water Heaven and Earth will open at the end of the year, preparing some in advance.
Extreme Shadow Cars directly hired three thousand people this time, and they are currently undergoing intense training.
So far, the number of employees who have signed labor contracts with Extreme Shadow Cars is nearly eight thousand, and with the new graduation season approaching, at least a thousand more fresh graduates need to be recruited.
All premium talent secured by Ye Bingcheng.
Though Extreme Shadow Cars’ output is still lacking, across the entire market, not much can be sold in a month.
From the initial three thousand units per month, it’s reduced to about a thousand per month now, probably selling only twenty thousand units a year.
As for Li Yang himself, the first car was quite average; lacking in many technical highlights, it can only be said to be at the forefront worldwide but does not have an absolute leading edge.
Basically, all the technical upgrades are put on the second car.
A complete intelligent cockpit, upgraded assisted driving, and a more efficient three-electric system.
Breakthroughs in commercial technology are sometimes determined by money and the market.
Having only money, without a market, is inefficient.
Having only a market, without money, is even less efficient.
With both market and money, many technical efficiency improvements of 10% aren’t that hard.
It’s not a disruptive upgrade.
Li Yang has already seen the prototype of the second car in the Extreme series.
In his view, it has a bit of the M9’s shadow, being a large SUV.
The first car will also be upgraded, as the customer groups for coupes and SUVs are different after all.
A single coupe production line is sufficient for now, but the large SUV production line needs at least three.
As for the reason... the whole world loves big cars!
As for why there are more small cars abroad? Just one reason, they can’t afford them, nor can they afford to use them.
Only people here can buy high-displacement cars with a six-thousand salary, and even if they spend a thousand or so on gas a month, it’s a bit painful, but not the end of the world.
Because they can cut back in other areas.
But abroad, they can’t cut back, because every breath they take is taxed. Buying a high-displacement car and using it as they wish is impossible since their salary is fixed and the monthly fixed expenses are mandatory.
Big cars are eternal.
Li Yang knows the future belongs to intelligent driving. The more users these two years, the better it is for intelligent driving algorithms.
Anyway, Li Yang is baffled why Qian Du started researching intelligent driving in 2016, spending over ten billion, yet couldn’t figure it out.
They have many big names over there, who are impressively skilled in playing with bidding ranking algorithms, yet you can’t find useful information in their search box. But when it comes to intelligent driving, they just couldn’t deliver.
Originally at the head of the first echelon, years later, they dropped to the fourth echelon, easily surpassed by any new force’s intelligent driving.
Li Yang reckons it’s likely due to corporate culture; Qian Du has invested in various things over the years, all failing, and even stunted their own forums.
Domestic long-standing internet companies have excessively bloated internal structures, mostly filled with different interest conflicts, with no one genuinely doing work.
As long as the project is set up, getting the funds is what matters.
As for the result, it doesn’t matter.
Li Yang quietly looked at his upcoming work schedule.
Wanliu Capital’s IPO, the clash among Kuai Pai, Kuaishou, and Douyin, the new round of private placement in Green Water Group, the expansion in Extreme Shadow Cars’ new round of production, ostensibly not managing, but actually steering the Aurora Studio in the right direction, and small yet significant projects like Starry Escape Room.
Starry Escape Room now has nearly two thousand employees, so Li Yang definitely needs to put in some effort.
Among these big projects, there are multiple key projects that he has to personally handle.
Hmm, not bad, just about a dozen of them, and the money in hand doesn’t seem nearly enough, no matter how you look at it.
...
On May 9th, Wanliu Capital’s IPO got approved, officially seeking six hundred billion in market funding.
And the funding method stated that any securities account with eligibility to purchase new shares could receive a five hundred share quota.
Once specific information was released, the entire internet went abuzz.
It seemed like Wanliu Capital came to the market just to fleece it.
A three-trillion market cap? Only a fool would be willing to buy! Isn’t this nonsense?
Even with the quota, it faced massive forfeitures right away.
The way Wanliu Capital played, not even a dog would buy it!
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