Becoming Rich with Daily Scavenging APP-Chapter 658: Buying a Commercial Plaza?

At the meeting the next day, Chen Yiyang called in the management team of Yiyang Automobile and shared his idea with them.

"Parallel assembly sounds feasible, but implementing it is very difficult." The management voiced differing opinions.

Chen Yiyang anticipated some opposition, which was normal.

However, he spoke up, "The automotive industry has now entered the final competitive phase, according to circulating rumors. Next year, the purchase tax deduction policy for new energy vehicles will be adjusted.

By then, new energy vehicle companies will not only compete with each other but also with fuel-powered vehicles.

The cost of purchasing vehicles will further increase. Customers won't care whether the price increase is due to purchase tax.

They will only notice their car purchase costs have risen.

To maintain its current market position, Yiyang Automobile must optimize its car pricing.

In the absence of further reductions in raw material costs, does anyone have a good way to handle this situation?"

After Chen Yiyang finished speaking, everyone in the meeting room fell silent.

The issue was apparent and needed resolution.

If they disagreed with Chen Yiyang's proposal, they needed to present an alternative to boost Yiyang Automobile's competitiveness.

Clearly, they didn't have any better ideas.

"Since you don't have a better method, the company will now prepare for the parallel assembly process.

You executives will handle internal obstacles to this process. I will address two external challenges.

One is the automation difficulty of the parallel process, the other is the timely supply of raw materials by suppliers."

After the meeting, Chen Yiyang had a separate discussion with a few executives including Liu Xiaoyue about this matter.

"The coordination and automation of the parallel process are the toughest points. I plan to have the DeepSeek team use AI to help optimize and coordinate workflows, and create an automated program."

"What about the raw material supply problem?" Liu Xiaoyue inquired, "Compared to the technical issues we can solve ourselves, the raw material supply is the biggest challenge.

Even Tesla faced situations where cars rolled off the assembly line but couldn't have headlights installed because the parts hadn't arrived."

"Sign contracts with parts and raw material suppliers. If they deliver on time, we'll pay them in advance.

Additionally, we need to establish our own warehousing to pre-store some raw materials. This prevents production halts in case suppliers face unforeseeable circumstances."

Although paying in advance and building warehousing will incur additional costs,

compared to the significant benefits of parallel assembly, this cost is negligible.

Chen Yiyang has a premonition that if he succeeds in implementing the parallel assembly process, Yiyang Automobile will have a crushing advantage over other new energy vehicle manufacturers.

Just like Ford did against other competitors back in the day.

Moreover, due to the complexity and high difficulty of the parallel process,

other automakers will struggle to quickly learn and imitate this model, granting Yiyang Automobile a lead of two to three years at least.

Therefore, despite the immense difficulty of this process, Chen Yiyang is determined to invest and attempt it.

Once successful, Yiyang Automobile will soar.

Not only can we rejuvenate the domestic market, but overseas markets will benefit as well.

If Yiyang Automobile can execute this process efficiently,

it could eventually set new automotive process standards and earn hefty profits from exporting the process alone.

After dealing with matters at Yiyang Automobile,

Chen Yiyang called in a junior accountant to calculate the cash at his disposal.

Thanks to the significant revenue from a few cash cows under his name, Chen Yiyang's cash holdings are quite substantial.

Not to mention that the operations of all his companies are currently extremely healthy.

Even if cash is tight, any bank would offer him loans under very favorable conditions.

However, Chen Yiyang is somewhat unsatisfied.

His current assets place him among the top echelon of domestic billionaires.

But compared to the elite billionaires abroad, he's lacking a bit.

Compared to Musk, his wealth still falls short.

Chen Yiyang hopes to create an enterprise with global influence akin to speax or Tesla.

Of course, before then, he won't miss any investment opportunities to broaden his scope.

That way, even if an investment fails, it won't affect his entire business empire.

"With such abundant cash flow now, should we purchase a few Wanda Plazas?"

The junior accountant suddenly suggested.

"Why the sudden thought about buying plazas?" Chen Yiyang looked at the junior accountant.

"Because it appears Wanda Plaza will soon be sold at a low price." The junior accountant sat on Chen Yiyang's lap, showing him the news on her phone.

Wanda Group and their chairman, Wang Jianlin, have been formally restricted from high consumption. 𝐟𝕣𝕖𝐞𝐰𝕖𝚋𝐧𝗼𝚟𝐞𝕝.𝗰𝐨𝐦

In other words, this once brilliant top billionaire, the 'national husband' Wang Sicong's father, has now turned into a defaulter.

Back then Wang Sicong's bought himself trending topics, criticized celebrities, and engaged in investment activities on Weibo as if it was just yesterday.

But now, Wang Sicong has long fled to Japan.

If Wang Jianlin can't withstand the pressure, it's likely he won't return in this lifetime.

Nonetheless, even though Wang Jianlin faces high consumption restrictions, it doesn't affect him much.

After all, he owns a private jet and isn't worried about flying.

Such elite billionaires, even in bankruptcy, have accumulated wealth sufficient for several generations to squander.

However, Chen Yiyang doesn't want to delve into the past and future of this father-son duo.

Seeing the news, he thought the same as the junior accountant.

It's indeed a good time to try purchasing some Wanda Plazas.

Although Wanda Group is not currently in great shape, Wanda Plaza definitely remains a highly lucrative asset.

Wanda Plazas themselves are extremely profitable.

Yet, the earning speed of physical assets is slow. Commercial plazas are essentially like ancient farmland.

If you have enough money, you can build commercial plazas at prime locations.

Once built, they provide steady cash flow through rent, offering a fallback while preventing idle funds.

But all this is contingent upon the fact that the money used to build the plazas is surplus funds.

Unfortunately, the funds Wanda used for building plazas are not.