My Fintech Empire

Chapter 1469 [Tongtai Automobile visits and asks for a test drive]

Xingyu Technology launched the Pioneer Experience Program. Hundreds of the 4,000 cars have changed hands frequently in the past few days. Because of this, a large number of black fans have been smearing and spreading rumors, saying that these two cars are good-looking but not practical, and some car owners who participated in the Pioneer Experience Program have sold a large number of them.

And they used this as a "basis" to madly belittle and smear, playing a trick of confusing the audience, which can be regarded as a clear understanding of journalism.

What is the actual situation?

Many car owners who participated in the Pioneer Experience Program did sell the cars they won the lottery, but they were bought at a high price, and some people were even willing to pay double the price to get them.

The rumor makers who smeared and belittled this did not mention the transaction price at all, and took the words out of context clearly.

At this moment, there are a large number of various attacks and denigrations on the Internet for these two models launched by Xingyu Technology, and the intensity is unprecedented.

Looking at this phenomenon dialectically, the more it is madly denigrated and slandered, the more anxious or frightened the financiers behind it are now.

One of the important reasons why there are so many rumors and denigrations on the Internet and the public opinion field is so fierce is that some foreign companies have privately bought several SCU-3 and SCN-3 cars during this period, and then disassembled them for research and evaluation.

It would be fine if they didn't disassemble them. After disassembling and researching and evaluating them, they were almost silent, and the silence was deafening.

After realizing the gap, they began to exert their strength in the public opinion field, madly denigrated and slandered, and mobilized various public intellectuals to attack and bite them madly, but this is more like a kind of impotent rage after despair after knowing the truth.

The public opinion field is very lively now. Car companies that have not made intelligent driving systems have denigrated intelligent driving as useless, and car companies that have made intelligent driving but have not reached the top level say that the intelligent driving levels of various car companies are about the same.

Xingyu Technology, which has truly made its intelligent driving system a leader, is vigorously promoting its own intelligent driving system.

Some are like schizophrenia, saying that the intelligent driving system is useless, while at the same time announcing that they have entered the first echelon of intelligent driving.

It is one thing that many competitors spend money to blacken Xingyu Technology privately, but as industry insiders, they are not fools. On the contrary, they are very clear about the gap. They deeply know the strength of Xingyu Technology, which is strong in leading and comprehensive technology, and the deep integration of software and hardware.

Before Xingyu Technology entered the market, all domestic car companies, including BYD, had more or less "biased" phenomena, such as either strong electrification but poor intelligence.

However, Xingyu Technology, which has been holding back for so many years, debuted as a "hexagonal warrior". Not only does it not have the "biased" short board phenomenon, but it has also done top-notch work. It has mastered motors, batteries, and electronic controls, and is also leading the industry.

In addition, the cockpit chips, intelligent driving chips, and AI chips required for intelligent systems are also available.

There are also sensor components such as laser radar, millimeter wave radar, ultrasonic radar, camera, etc.

There are also some other fragmentary technologies such as vehicle-mounted lighting, communication modules, integrated thermal management of the whole vehicle, and even audio and air conditioning, which Xingyu Technology has also clearly organized.

In the eyes of competitors, these things can only pop out one sentence in their minds: I am still playing a market?

Monday, September 16, Xingyu Technology Headquarters.

"Mr. Qin, Yang Zhenghai, the head of Tongtai Automobile Group, brought their automotive technology development team to visit our company, and brought a new energy vehicle designed by their company. I want to invite you to come downstairs to try the car..." At this moment, Qin Feng's assistant reported to him.

Qin Feng was confused when he heard this, and looked at his assistant and said: "Tongtai Automobile? Why have I never heard of it?"

It is worth mentioning that in the past two years, Qin Feng has spent a lot of time and energy running around the country to find cooperation with automobile manufacturers and promote its intelligent driving system solutions.

As a result, the uncles in the automotive industry are so arrogant that they don't care about Xingyu Technology.

The domestic automobile industry has not yet felt the power of intelligence. No car company has taken the initiative to throw out the olive branch from Xingyu Technology, an "outsider", and some car companies even threw out the "soul theory".

At this moment, Qin Feng's assistant replied: "It's normal that you don't know this car company. It is basically a car company with little reputation. According to the data, Yang Zhenghai founded a company in Silicon Valley a few years ago, aiming to collect intelligent technology and talents for new energy vehicles, and also designed several prototypes."

"The company was listed on the A-share Shanghai Main Board in April 2015. At that time, the market value reached 42 billion. Today's stock price has fallen below the issue price, and the market value is barely 5 billion."

"According to its financial report data, Tongtai Automobile is still in a loss-making state. In 2018 and the first quarter of 2019, the company's operating income was 101 million yuan and 27 million yuan respectively, and the net loss was 57 million yuan and 13 million yuan respectively..."

Obviously, judging from these data, the difficulties faced by Tongtai Automobile Group are difficult to save themselves.

But the company's head, Yang Zhenghai, is constantly seeking ways to save himself. When Xingyu Technology was promoting its own intelligent driving system, it did not look for Tongtai Automobile Group because the company had not entered Qin Feng's sight from the beginning.

However, when Yang Zhenghai learned that Xingyu Technology was looking for car companies to cooperate with nationwide, coupled with the press conference a while ago, he immediately took the initiative to lead a group to travel more than a thousand kilometers to Xincheng, and also brought a prototype of a new energy vehicle they designed.

At this moment, he came to the headquarters of Xingyu Technology to visit, and Mr. Yang shamelessly asked Qin Feng to come downstairs to try the car. His full sincerity and enthusiasm made Qin Feng embarrassed to refuse him.

It happened that Xingyu Technology was also thinking about promoting intelligent driving systems in the industry. Qin Feng thought about it and decided to meet him and put aside the affairs at hand for the time being.

Not only did he meet with Yang Zhenghai, but he also selected a management team from the new energy vehicle department to study the prototype car brought by Tongtai Group.

At this moment, Yang Zhenghai and Qin Feng were chatting on the side, and the Xingyu Technology team was conducting various data evaluations on the prototype car sent by Tongtai Automobile.

Yang Zhenghai's attitude can be said to be very humble and super enthusiastic.

No way, what is Xingyu Technology? Don't look at anything else, just look at the market value of this company. The terrifying market value scale of 16 trillion, the current market value of Tongtai Group is only about 4.7 billion, this number is not even a fraction of the fraction of the market value of Xingyu Technology.

After a lot of trouble, the testing team of Xingyu Technology completed various tests and evaluations on this prototype car.

Yang Zhenghai immediately said to the tester with great expectation: "How is it? Just say it directly."

He said this very humbly and sincerely. After Qin Feng nodded, the tester said simply and clearly: "The comprehensive evaluation conclusion we have drawn is that according to our internal standards, the quality of this car is acceptable, the design is average, and the degree of intelligence is basically zero."

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