Becoming a Billionaire after Divorce-Chapter 584 - 200: Zhong Liying’s Surprise (Part 2)
Not bad, not bad.
He asked his secretary to bring Chen Hai some coffee and listened to him slowly explain.
"We’ve summarized the reasons for Weima Automobile’s failure, and they mainly include the following three points."
"First: lack of core technology."
Sun Dasheng understood this point, but which new force has this stuff now?
Even the much-hyped Posimi doesn’t have it, right?
Wenjie does, but that’s from the Chrysanthemum Factory.
Does BYD have it? Seems like they do? Not too sure.
Sun Dasheng only knew that their battery technology was quite impressive.
But isn’t everyone using the same battery?
All from CATL. 𝒻𝑟𝘦𝘦𝘸ℯ𝒷𝑛𝘰𝓋ℯ𝘭.𝘤𝘰𝘮
"Go on," Sun Dasheng stopped imagining and gestured for the other to continue.
"Second: failure to find the right market positioning."
Fearing Sun Dasheng wouldn’t understand, he gave an example: "Wenjie targets those who used to drive Rolls-Royce, Maybach, which belong to the high-end business vehicle market; Posimi targets the white-collar class, loyal Apple fans, and ever since Apple decided not to make cars, they have turned their attention to Posimi."
Sun Dasheng nodded thoughtfully, this summary might not be spot on, but it was close enough.
"What about BYD?" he asked.
Chen Hai replied without hesitation: "BYD has cultivated a large group of users over the years, and at the same time, by holding extremely fuel-efficient hybrid technology, they attracted a large number of taxi and ride-hailing service users."
Oh, it really seems like that’s the case.
He remembered that when he used to go to work, seven or eight out of ten ride-hailing cars were BYD Qin.
"Got it, go on to the third point," Sun Dasheng said, stroking his chin.
"The third point is that after the first failure, replacing the Weima brand and launching a new brand was well-intentioned, but it had even less influence, which means it went unnoticed, and no one recognized it."
"Even with a good product, if it completely lacks influence, it still won’t sell," Sun Dasheng pointed out the crux of the issue.
"President Sun is insightful!" Chen Hai smothered a light-but-effective flattery.
Sun Dasheng was quite pleased.
"So, you’re saying that although Weima had its blemishes, at least being notorious meant people recognized it, but with the new brand, it’s like there’s no trace of it?"
"Yes, exactly," Chen Hai responded immediately: "Because these three points compounded together, the new Weima is on the same old path, close to going bankrupt again."
This is friggin’...
Sun Dasheng didn’t know what to say.
When you have enough money, the law of diminishing returns becomes quite apparent.
In the high-end market, money isn’t that effective.
Because money isn’t omnipotent, for instance, no one is willing to sell cutting-edge technology, no matter how much you spend, you can’t buy it.
...
Shen Hui, who was driven crazy by Weima Automobile’s situation, received a call from Sun Dasheng.
On the phone, he was all apologies and bows.
But Sun Dasheng was unmoved.
Friggin’.
The company has such a big problem.
You never told me? What’s that supposed to mean?
I found out about this on Douyin.
In the end, I had to have my subordinates verify it personally.
Do you even know who the major shareholder of this company is?
Sun Dasheng is the kind who, once serious, becomes highly efficient and decisive.
The next day.
He issued an ultimatum to Weima Automobile:
Either I fully acquire it, or I withdraw my investment.
There is no third option.
The other party panicked instantly, hoping to plead with the previous intermediary, the head of the Universe Bank’s Shanghai Branch. But the other party showed no sympathy.
The branch head was also a shrewd person.
Knowing Sun Dasheng is now a distinguished guest of the top leaders in Shanghai City,
things aren’t what they used to be.
He didn’t want to get involved in this mess.
So he said: "President Sun, I’m just a middleman; even if you disagree, I have no objection. Please don’t misunderstand; my relationship with him is just ordinary business, not very much a friendship."
I don’t believe your nonsense.
Not much of a relationship, yet you earnestly persuaded me to invest back then?
But, since the other party says so now, he could only choose to believe it.
What else can be done?
Shen Hui was left with no choice.
In the end, the choice was to cash out and exit.
Previously, the company’s valuation was 17 billion. Sun Dasheng spent 10 billion to acquire 58.82%.
Now it is once again near bankruptcy, and even the Weima brand was lost, so the valuation has dropped to 15 billion.
The remaining 41.18% only cost Sun Dasheng 6.177 billion.
For him now, it’s a drop in the ocean.
After acquiring the new Weima Automobile.
Sun Dasheng immediately changed its name back.
Let’s still call it Weima Automobile.
Just as Chen Hai said: bad publicity is still publicity, it’s better than a brand no one has heard of.
The acquisition of a company is not the end.
Quite the opposite, the acquisition is just the beginning.
The following restructuring will require a lot of effort.
Sun Dasheng doesn’t have that kind of energy.
But he’s not worried at all.
Because he already found himself a good assistant.
.....
Car Sales Company.
For the arrival of the big boss, Zhong Liying organized a warm welcome from everyone in the company.
After a while of bustle.
"Alright, let them go about their own business, I’m here to talk to you today." Sun Dasheng said to the enthusiastic and busy Zhong Liying.
"Oh... I thought you came to check on the company, to inspect my work results." Zhong Liying looked at him with sparkling eyes.
Seeming to want his praise.
Sun Dasheng, seeing everyone had dispersed, affectionately pinched her cheek and said, "You’re not wrong, I did come to check on your work."
"So how did I do?" Zhong Liying asked with her head tilted up.
"Very good, very excellent!" After complimenting Zhong Liying, Sun Dasheng held her hand and returned to the office.
Then, intense sounds of fighting erupted in the office.
Outside, a new office secretary, Little Cutie, was about to go and see,
but was pulled back by an older colleague: "What are you doing?"
"Sister Wen, it sounds like something’s happening inside, I’m afraid something’s wrong with Boss Zhong, I want to check." Little Cutie said with a naive and cute expression.
"You don’t need to worry about what’s inside, just focus on your own work." Sister Wen knew what was happening inside, so she advised Little Cutie not to cause trouble.
"Ah? Why not?"
"No reason, if you want to be a good secretary, remember Sister Wen’s advice: speak less, do more."
Sister Wen made a gesture of zipping her lips: "Watch your mouth, and don’t go around talking."
"Oh, I got it." Although Little Cutie didn’t understand why, she could tell from Sister Wen’s expression that it was for her own good.
Sister Wen left, and Little Cutie followed.
Sister Wen pressed her forehead, wondering why Little Cutie wasn’t catching on: "Why are you following me?"
"Huh?"
"Then where should I go?"
"Nowhere, just stand here, if anyone comes, stop them, say Boss Zhong is busy in the office." Sister Wen advised helplessly.
It couldn’t be helped, Little Cutie was her junior from the same school, so she had to look out for her.
If it were anyone else, she wouldn’t mind them making mistakes and getting pushed out.
The secretary’s office was big, but there wasn’t enough room for two desks.
Little Cutie watched as her senior’s figure faded away, then turned to look at the general manager’s office door.
The noises from inside got louder, accompanied by the tragic cries of Boss Zhong.
"Is it really alright?" Little Cutie muttered to herself, "But Boss Zhong seems to be getting beaten terribly."
The supposedly beaten up Zhong Liying was actually nestling happily in a strong embrace.
Because she had just learned the intention of the visit:
"Liying, as I mentioned before, sooner or later an automobile company will be handed over to you to manage for me. Are you ready?"
Sun Dasheng, with a post-incident cigarette in one hand, blew out a big smoke ring and spoke lightly.
Zhong Liying’s body tensed, holding onto him tightly, "Really?"
’Slap...’
A little bottom spanked several times, immediately turning red.
But she wasn’t upset at all, because his actions showed that he meant it.
Lei rubbed against him, acting spoiled: "I know I was wrong, I didn’t mean to doubt you."
Oh dear...
Sun Dasheng’s heart was almost melting.
Afterwards, he gave her a smack on her plump behind and pretended to be angry: "Talk properly."
