As the year is coming to an end, the new car launch conference of Jiuzhou S9 and S9 Ultra was held as scheduled.

However, the protagonist of this press conference was not Chen Pingjiang, but CEO Yin Yunxiang.

Chen Pingjiang was fully preparing for the OOS operating system developer conference in the spring, and he was really out of reach, so he simply let Yin Yunxiang take the lead.

However, he still watched the entire press conference via live broadcast.

Even the most picky people have to admit that Jiuzhou’s current car-making capabilities are no less than Tesla’s.

The two companies have their own strengths in different fields.

Tesla is better at battery management and the three major components.

But Jiuzhou Auto is better at electronic cockpits and autonomous driving.

Of course, this does not mean that Kyushu Automobile’s battery management and three major components are not good enough. On the contrary, they are far superior to other domestic electric vehicles.

In the live broadcast, Chen Pingjiang saw the heads of the Wei, Xiao and Li families sitting in the first row.

“Of these three, which new car do you think is better?”

Father-in-law Yan Liming asked the question with great interest, but in fact he was waiting for Chen Pingjiang’s praise.

In the past two years, Heshi successfully invested in NIO and brought it into operation, which was highly praised on self-media and public accounts.

It made Yan Liming very proud.

It wasn’t because Chen Pingjiang’s Jiuzhou Automobile abandoned Hefei City and chose to build a factory and produce gas in Shanghai. It was just because he wanted to hear the opinions of someone in the industry.

Of course, it would be even better if you could give a few words of praise.

At least it proves that he is not a bad father-in-law, right?

Little did he know that as soon as Chen Pingjiang opened his mouth, he almost embarrassed Yan Liming.

“You will be retired by then anyway, so even if NIO goes bankrupt, it will have nothing to do with you.”

Yan Liming was drinking tea. When he heard this, he choked and his face turned red.

He said unconvincedly: “Don’t say that just because you are a competitor. I think NIO is pretty good. It has the highest popularity among the three companies, NIO, Xiaopeng and Li Auto.”

Chen Pingjiang thought about it in his mind, considering how to say this matter.

It seems a bit unkind to criticize or even criticize your father-in-law’s most proud work.

But it’s better to be caught off guard the next day.

“On the contrary, I am most optimistic about Ideal among the three. At least its founder is reliable enough. His repeated successful entrepreneurial experiences have proved that even with only a high school education, he is qualified to be a CEO.”

Among the three companies, NIO, Xiaopeng and Li Auto, Ideal focuses on the concept of car and home, and its product power should be the strongest.

On the other hand, NIO was very good in the early stage, and even if it didn’t perform very well in the later stage, it wasn’t too far behind.

While its competitors were turning losses into profits, NIO was still losing 20 to 30 billion yuan a year. Financing was as easy as drinking water, and even Abu Dhabi was fooled.

After seven years of making cars, the company lost hundreds of billions of dollars, but the market value of the entire company is only 6-700 billion.

Another brand under its umbrella, Ledao, claims to sell tens of thousands of vehicles per month, but you can hardly see a single one on the streets.

It turned out that Li Bin’s approach was problematic.

The idea of ​​battery swap stations is good, but it also means huge investment, and it is tied to pure electric vehicles, missing out on this wave of traffic in the hybrid market.

The specifications of batteries are not standardized, so city dwellers can’t use them, and those who travel long distances won’t find them either.

I want to give up, but the sunk costs are huge!

In addition, the roadside service stations promoted by Weilai made Chen Pingjiang unable to help but complain. So spending other people’s money is not money?

A chair in the service station costs 7 yuan, and a high-end coffee machine costs 9 yuan. How much money can you afford to spend like that?

Yan Liming really didn’t expect that his most proud work was not even worthy of being a rival in Chen Pingjiang’s eyes, and he couldn’t help feeling a little frustrated.

He hoped that Chen Pingjiang’s inference was wrong, but he also knew in his heart that his son-in-law had always had a keen eye and had never made mistakes in judging people and things.

Chen Pingjiang noticed the embarrassment on his father-in-law’s face and consoled him with a smile: “Isn’t it just the beginning? In fact, as long as we communicate more with Li Bin and ask him to do less fancy things, Weilai will surely have a good ending.”

Yan Liming smiled bitterly and shook his head. “We only have the right to make suggestions. The voting rights are in Li Bin’s hands. He may not listen to us. Besides, he is confident and even conceited.”

In this regard, Chen Pingjiang could only spread his hands and indicate that he could do nothing to help.

Lei Jun’s Xiaomi car manufacturing has proved that it can be done with 200 billion yuan, but Li Bin insisted on spending 1000 billion yuan. What can people say about this?
They even went to great lengths to make a mobile phone themselves.

Chen Pingjiang shook his head in his heart.

I just hope Li Bin doesn’t follow in Lao Jia’s footsteps.

So what if it is a listed company?

When financing is unsustainable, the company cannot pay salaries, its reputation declines severely, and its products lose competitiveness, its listing may be delisted or even suspended.

After all, in any business, making money is the bottom line.

As he was thinking about it, Yan Liming suddenly felt a chill.

“If it is true as you said, that NIO continues to make losses, it will have to raise funds multiple times, and our shares will be diluted step by step.”

Yan Liming suddenly felt regretful and wanted to slap his thigh.

If someone else said this, he would definitely retort without any hesitation, but who can blame him because this person is his son-in-law and has so many halos over his head.

This is like an ordinary person chatting with Lao Ma or Xiao Ma Ge, and they can deny your knowledge or your most proud work with just one sentence.

You will not doubt the other person first, but will doubt yourself instead.

“Okay, it’s New Year’s Day, so don’t talk about work or the international situation as soon as you two meet. Isn’t that annoying? Old Yan, it’s rare for you to come back, why don’t you spend more time playing with your grandson?”

As they were talking, the mother-in-law Li Yuhua came over and forcibly dragged the father-in-law and son-in-law out who were watching the new car launch.

In her opinion, everything in this family is good except that the men are too busy.

My husband only comes home a few times a year, and I never feel comfortable during every Chinese New Year.

My son-in-law is similar. Although he is excellent, he spends too little time at home.

She couldn’t bear to see this, so she would come and look after her daughter and grandson whenever she had time.

Originally, according to her idea, she wanted to find a full-time nanny to work with the current part-time aunt.

Helpless, Yan Yan refused to agree no matter what.

She is a woman who pays more attention to personal privacy. She cannot accept a live-in nanny. The most she can accept is that she goes to work and the nanny comes to help take care of the children during the day.

Yan Liming ignored his wife and frowned. After thinking for a while, he said, “I still need to talk to the head of the relevant department about this matter. I think what you said is very likely! NIO is already hyping up the concept of battery swap stations and service stations. My personal success or failure doesn’t matter, but I absolutely cannot let Heshi be laughed at in the future.”

He is facing retirement, and to be honest, even if NIO declines in the future, no one can trouble him.

But Heshi will be criticized by the public.

A huge amount of state-owned assets were spent, only to end up with a mess. Who can bear this?

If it is not done well, it will also frustrate the enthusiasm of the staff. (End of this chapter)