Solving Middle Age Crisis by Intelligence System-Chapter 612 - 407: The Idea of Building Cars

Inside the private room, a man in his sixties sat at the head of the table.

His temples were mixed with a little gray hair, and he wore a very ordinary shirt without any large gold watches or similar jewelry, looking quite ordinary.

Anyone who didn’t know him might never guess that this man is the biggest private entrepreneur in J Province.

However, his eyes were particularly sharp, giving an invisible yet strong sense of pressure.

"Boss, President Qi has arrived." The secretary reminded Liu the Rich, who was checking his phone with his head down.

Liu Guangxin looked up toward the door, his gaze landing on Qi Yun, observing this young man who had risen so rapidly.

Similarly, Qi Yun was also sizing up this business giant who shared the same impressive license plate as he did.

After their eyes met, Qi Yun took the initiative to extend his hand and greet him, "President Liu, hello."

"Hehe, President Qi, please have a seat here." Liu Guangxin stood up at the same time and came forward to greet him.

After a handshake, Liu Guangxin exclaimed, "I had heard before that President Qi is young and promising. Seeing you today, it’s truly no exaggeration."

"You flatter me, President Liu. Compared to you, I’m just a newcomer in the industry, with much to learn." Qi Yun smiled humbly, courteously but with just the right touch.

Feeling comforted, Liu Guangxin laughed and waved his hand, "No need to talk about seniority or not—the young people today are much more daring and capable than we were back then."

"Come, President Qi, have a seat here." He gently pulled Qi Yun’s arm, guiding him to the round table to sit down.

"I even made a point of reading the news about you. President Qi, to donate those precious national treasures without considering personal gain, that mindset is something even we elders cannot match, hahaha."

Qi Yun shook his head with a smile, "President Liu, you’re overpraising me. Those artifacts rightly belong to the country; I was merely doing what should be done."

"Compared to your charitable work of building hundreds of hope schools and creating jobs for tens of thousands of workers over the years, my small efforts are nothing worth mentioning."

"Hahaha." Liu Guangxin laughed heartily.

Praising is a fundamental skill in business.

If it were anyone else, Liu Guangxin, as the richest man in J Province, naturally wouldn’t say these things.

Firstly, he genuinely admired the achievements of the young man before him.

Moreover, at his level, he had access to information unknown to many, such as the friction between the young man and Old He, and the fact that Old He has not returned until now...

Not to mention that Qin Minghui has completed his detention and returned.

These all prove that the young man before him has considerable background and energy.

The secretary brewed tea and then consciously exited the room.

Liu Guangxin picked up the teacup and signaled to Qi Yun, "The doctor says my liver isn’t in great shape, so I won’t be drinking alcohol with you today. Let’s use tea instead."

"I’m very happy to meet such an outstanding young person like President Qi today."

Qi Yun promptly picked up his teacup to reciprocate, "You flatter me, President Liu. It’s my honor to chat with a senior like you."

After putting down the teacup, a server pushed a cart into the room to serve the dishes.

The two began to eat and chat, mainly focusing on business topics.

It must be said that after decades in the business world, Liu Guangxin had a sharp and pragmatic vision, and when discussing industry trends, he hit the key points with every word.

He picked up a piece of food, looked at Qi Yun, "The new energy business is developing rapidly now, but the competition is equally fierce. There’s a new car launch every day, but all the products are similar. It’s hard to make a technological breakthrough in the short term."

"Once the money runs out, those companies will be the first to bow out, and it’s likely that a winner-takes-all situation will form."

Qi Yun put down his chopsticks and nodded in agreement.

The Guanghui Group controls the biggest sales business in J Province, managing hundreds of 4S dealerships.

For the past 13 years, it has been the largest car dealership group in the country, so as the owner, Liu Guangxin naturally has a clear view of everything.

"President Liu is right. Although the new energy sector seems lively now, many companies lack core competitiveness in their products, making it difficult to secure loyal customers. If faced with impact, they might not last."

"Indeed." Liu Guangxin sighed and looked visibly fatigued, "I have a few new energy car dealerships in my hands as well. In previous years, we could still make some money with subsidies."

"Now that the subsidies have been withdrawn, many car companies are slashing prices to seize the market, forcing us dealers into tough times."

"To put it simply, without core technology, everyone is just cutting prices, resulting in mutual destruction."

Guanghui Group has four core businesses: energy, logistics, real estate, and automotive services.

A few years back, the latter two were the most profitable segments of Guanghui Group and the key factors in growing to its current scale.

But now the situation has changed; the automotive service sector has mostly been in a long-term loss position, and even some subsidiaries have been executed due to debt issues.

As for real estate, it’s even worse...

Thus, even a giant like Guanghui Group is now having a tough time, essentially surviving on the cash flow from energy and logistics.

This is one of the reasons Liu the Rich is willing to spend a fortune trying to enter the virtual currency business.

The conversation between the two continued to revolve around new energy, though mostly it was Liu Guangxin speaking and Qi Yun listening.

As they chatted, a thought suddenly arose in Qi Yun’s mind.

Based on what Liu Guangxin said, the widespread presence of domestic new energy cars today is largely because any company can enter car manufacturing, primarily due to the low entry barrier and the ability to outsource core components.

Batteries can be bought from Ningde Era, motors from Huichuan, and even the chassis can be outsourced to third parties, like building with blocks.

It’s all about assembling and marketing, with no real technological barrier.

Whoever can secure cheaper core components and excels in marketing can survive for a while...

The core aspects of new energy vehicles, the three electrics—battery, motor, and electronic control—where the most crucial is battery technology.

And his Dawn Technology has just developed a groundbreaking ace battery...

So, is it possible to look further ahead?

Selling batteries couldn’t be as profitable as making cars, could it?

Throw in some sofas, TVs, refrigerators, and add a water-surfing function, and you could sell for millions...

Sitting next to him was a man who held the strongest sales resources in the country; he himself had the most advanced battery technology, so putting it all together...

The more Qi Yun thought about it, the more excited he became, feeling that this had potential.

He calmed his excitement, took a sip of tea, and seemingly casually asked, "President Liu, you just said that making cars is like building blocks, with all the core components available for purchase, lacking crucial technical cores."

"So if a company mastered the most advanced battery technology, could it dominate in this field?"