Author: Banlou Yaofeng

The agreement of tens of billions of soft sister coins soon made the headlines of Internet news. Qu Li's arrogance once again aroused widespread discussion, and the number of registered users of Kaixin.com and Weibo increased rapidly.

10 billion even exceeds Qu Li's current net worth, which has caused huge discussions. It was even discussed in the central government's 2008 top ten economic figures selection event.

"Modern society is too harsh on young entrepreneurs. The idea of ​​"Asymmetric Risk" and risk sharing is very insightful. With additional data and references, it can be used as an excellent doctoral thesis..." Someone who received the award

Economic experts commented this way

"I called him and asked him, and Qu Li said: If we don't go crazy, we will get old. He is serious about building cars, and he is determined to become a martyr..." Brother Boatman

"I look forward to the day when he comes to make movies. Young people have many ideas." Mr. Han

One hundred thousand likes are exchanged for 10 billion. Someone questioned on Weibo that it was impossible for Qu Li to spend so much money. Qu Li replied: "Don't spread rumors. As agreed, I will not donate if housing prices rise."

"You only see 10 billion in your eyes, but you don't know that I have absolute confidence that my net worth will exceed 10 billion within three to five years.

Jumei has a very good team. As long as we don’t make stupid mistakes, the probability of becoming the best Internet technology company in China is more than 99%, leaving 1% for black swans.

I haven't seen the specific financial report of Honor, but last year sales exceeded 40 billion, and we are confident that it will exceed 100 billion this year. There is not much time left for Nokia. The future is dominated by Honor, Samsung and iPhone..." Qu Li

The essay did not calm the public outrage

"I know how to brag!" one netizen said

"Am I bragging? I bet you can't find a mobile phone that can compete with Honor G2 in the world within 6 months!"

"..." Enterprises that go against consumers will not end well, and Qu Li went crazy.

Domestic mobile phone licenses have been issued, and Honor has stopped producing 2G mobile phones. Although it wants to cooperate with China Unicom and China Telecom, the mobile company has deep pockets, requires very low discounts, and is extremely generous with money. It has monopolized the domestic sales of Honor G2 this year and can only sell G1.

The mobile phone is given to China Unicom, and China Telecom is excluded.

China Mobile has purchased 1 million G2 mobile phones, with a minimum price of 3,999 yuan, and a contract model of 1,999 yuan. It has been scheduled to go on sale in major stores across the country before the Spring Festival.

Qu Li said that Honor G2 is the best in the world. Of course, it has not been globally recognized, but the design style of the right-angled metal frame and the aesthetics displayed by the straight full LCD screen bring enough shock and eye-catching power just like the iPhone 4.

If the Honor G1 is aimed at business-oriented male consumers, a large number of young people, especially young and fashionable female consumers, are buying the Honor G2. This is an Android smartphone that can kill all, and the traffic support provided by Google exceeds

G1.

Some people in China may refute and deny the achievements of Honor G2, but no company can come up with a mobile phone that is widely convincing. HTC would like to copy it, but Honor G2 has many exclusive processing equipment that needs to be customized. Who dares to bet...

Honor is not only strong in products. The entire industry chain restricts competitors' play style, which imitates Apple in its mature stage. Not to mention domestic brands, even Nokia, Motorola, and Samsung will find it difficult to replicate within half a year. It's not that it can't be done, but it's

The risk is too great.

If Honor G2 sells more than 10 million units, they can keep the cost within $250, and if it exceeds 20 million units, the cost will be about $220.

No matter how much the Honor phone costs, the lowest price is 3,999 yuan, and the gross profit margin is over 50% based on material costs.

The products, supply chain, and profits exceed those of most mobile phone brands in the world. Honor has no competitors in China.

Qu Li continued to be arrogant:

"Building cars for Honor does not happen overnight. Our plan is to build a car within three years and a good car three years later. It will take at least 5 to 6 years before mass production."

"We have recruited a group of very good engineers from home and abroad..."

"The investment required to develop a new model in the industry is 2 to 2 billion, and the development cycle is within three years. We take the upper limit and double it, invest 5 billion and take 5 years to develop a pure electric car that is good enough.

…”

After Qu Li returned to Beijin, he tweeted one after another, and was trending on the top of the list. Sohu CEO took the initiative to contact Qu Li. After drinking and chatting, the two began to cooperate, and the Weibo hot searches were imported into Sohu News. Once again

Detonate public opinion.

Qu Li also faced backlash from capital, let alone backlash. Wei Gang and Ding Hui came to Glory to discuss the matter.

"Why should we build a car? What kind of car should we build? Can we build the car in advance and get subsidies?"

"I can give more explanations, but I must sign the strictest confidentiality agreement." Of course Qu Li can ignore them, but why ruin his reputation?

After signing the agreement, a meeting of Honor's core management was convened and Zhou Shaoning was excluded. This made Wu Shang of Dinghui and Ms. Zhou of Wei Gang secretly frightened.

"Honor has almost reached its peak now. This is not in terms of mobile phone sales and market share, but in terms of comprehensive consideration of core competitiveness..." Qu Li reprocessed and sorted out what he had said many times, starting from smartphones.

Analysis from three perspectives of core components, chips, operating systems and displays.

Although free Android is the best choice, the Windows mobile operating system has strict restrictions on mobile phone manufacturers, and it also charges fees. Why?

The user experience of iPhone will completely surpass Honor within three years. This process is almost irreversible: "We will not be able to do without the support of Google Android in three to five years, and we will not have an excellent embedded chip development team."

Apple's acquisition of P.A. Semi chip development team is among the top in the world. This is the technical foundation. Apple's computer operating system has been developed for decades and has a lot of patents and technology accumulation. Samsung has the entire industry chain.

Advantages.

"Our victory over Nokia is already the limit. If we want to surpass iPhone and Samsung, we must find ways in other fields, such as multi-terminal collaboration, mobile phones, computers, TVs, and cars. Only cars can carry the most imagination."

The one-touch transfer function of Warwick mobile phones and Warwick computers is simple and practical, and the data transmission capabilities are said to be excellent. These are all advantages.

"Tesla founder Musk and I met with the U.S. Minister of Energy. The United States will soon introduce policies to support the new energy vehicle industry, and Tesla is one of them. Both China and the United States are promoting the development of new energy vehicles, but we are just

I chose pure electricity..."

"How to ensure that Glory can succeed?"

"Whoever can guarantee success, I will give the glory to him..." This is a typical angry statement, and whoever believes it will be stupid.

Qu Li then introduced the Honor notebook and tablet computer projects, which are thin, light and stylish, and have 10 seconds to boot up and 10 hours of battery life, which are the biggest selling points...

"Although the car is important, it is not the focus now. It is our preparation for glory in five years..."

Qu Li's last words impressed the two capital companies, and he was willing to persuade Zhou Shaoning to leave Honor and start his own business. He held 15 million Honor shares and left without competition restrictions on the premise of giving up 10 million shares; giving up all 15 million shares.

You can even use part of the supply chain of Honor mobile phones (excluding Honor G2 dedicated equipment processing capabilities).

"You must sell 5 million shares if you want to sign a non-compete clause..." Qu Li was very cold-blooded, not caring that without Zhou Shaoning, Honor Mobile might not be established. He turned around and said to the senior management:

"It's not that I can't tolerate the co-founder. If there are any problems, we can discuss them internally. Is it because I didn't give him room to play, or should I not have had those few strong insistences? Glory is not my glory, but before I prove that I was wrong,

Please don't think too much."

"As long as I am here, even if Glory collapses one day, it will never be willing to be reduced to an assembly factory..."

"This is not his fault, nor is it my fault. It is the contradiction between being willing to be mediocre and having the courage to innovate. Don't ignore the risks behind just because Honor's sales are very good. There are also patents, chips, operating systems and other obstacles standing in front of us.

..." Qu Li said very firmly

On this day, Nortel Networks declared bankruptcy. A week before that, Honor entrusted a third-party company to spend about US$50 million to acquire about 200 patents from Nortel and other companies, including many basic 3G patents. By the way, it acquired Nortel Networks

Perpetual license of patents on almost all patents.
Chapter completed!