What's wrong with me being a rich man?

Chapter 415 Points
Yu Xing did not show any aggression in the meetings he attended during his spare time; he simply shared his experiences and thoughts in a very down-to-earth manner.

During the interview, he was inevitably asked about the development of software matrix for silicon carbon data, but he always brushed it off.

As the meeting was ending, a reporter loudly inquired about the user base, drawing many people to turn around and stop: "Mr. Yu, Carbon Silicon Data's software must have over 100 million users, right?"

"WiFi Master Key has a lot of users, but it's just a small tool. Is a WiFi tool with 1 million users the same as WeChat with 1 million users in terms of important performance?" Yu Xing indirectly acknowledged the user scale, and then jokingly appealed, "There's nothing to pay attention to about the small tools of Carbon Silicon Data. I think it's best to distinguish between WeChat and WeChat. Otherwise, I use WeChat, and some of my friends use WeChat, so it's quite troublesome to find each other."

Xing Hongyu was one of those who stopped to listen to the answers, and after hearing them, he quickly left.

To be honest, WiFi Master Key is indeed a tool, but it's a good entry point. Tencent is also about to launch a similar application. We've done some internal analysis of Carbon Silicon Data Company and believe that apart from some advertising revenue, WiFi Master Key can only drive traffic to the latest trending topics.

When it comes to user acquisition, Tencent is the master. In my experience, user acquisition from different software will be significantly slower, and the final result is... Based on Carbon Silicon Data's current software plans, it may only be a decent second-rate mobile internet company.

As Xing Hongyu pondered this thought, an idea suddenly popped into his head.

He hesitated until evening before finally sending a message to Mr. Yu on WeChat, asking, "Mr. Yu, since Carbon Silicon Data has decent traffic, why not try making short videos?"

Yu Xing quickly replied: "President Xing, what are you doing? Do you think there isn't enough competition for Weishi in China?"

Now that Xing Hongyu had spoken, he voiced the question that had been on his mind all day: "President Yu, I feel that you have some good ideas about short videos. In that case, is Carbon Silicon Data Company secretly launching a project?"

His words were quite frank, and considering that Mr. Yu was the owner of a carbon silicon data company and had chatted with him for a while in a short video, such a guess was quite reasonable.

Yu Xing wasn't surprised that the other party guessed that way: "President Xing, you've been wanting to ask me this for a while, haven't you?"

Xing Hongyu felt a little embarrassed; he had only thought of it today...

He waited quietly for a positive response.

Yu Xing: "Many things are ambiguous. Take WeChat and Wechat for example. When I first started WeChat, I thought that the market would be dominated by one software. But now, seeing your stalemate, I have overturned my judgment. The two giants seem to be forcefully stirring up the market. Now users are getting used to different circles."

"The same goes for the short video market. Carbon Silicon Data is willing to observe and think more before deciding how to proceed, but it is indeed difficult to do well with Weishi."

Xing Hongyu didn't expect that the last sentence would turn into a pessimistic view of his side.

He asked, his voice laced with anger and confusion, "Mr. Yu, do you hate Tencent that much? Is it because WeChat is competing with WeChat?"

"Since you mentioned the word 'competition,' why do you still assume my personal likes and dislikes?" Yu Xing replied, "It's just competition. Tencent's approach to entering the mobile internet is not good. Don't you understand? It's getting weaker."

"The competition between Wechat and WeChat has taught WeChat to 'use their own methods', while Tencent's past competition was simply 'survival of the fittest'."

Xing Hongyu stared at the words on the screen, never expecting that the other party viewed Penguin in this way.

He remained silent for a long time, and did not continue the discussion on this topic.

The next day, Xing Hongyu, upon returning to Pengcheng, instructed his subordinates to perform a small operation: loosening the settings for the "Yu Xing" account and treating it the same as any other normal user, allowing the program to push streams as required.

Then, Xing Hongyu uninstalled WeChat to devote himself fully to his work on Weishi.

……

On September 1st, the joint venture between Silicon Carbon Group and LK Group was quickly established in Lingang. The joint venture was named "Carbon Power" after taking one character from each of the two companies.

Silicon Carbon invested $1500 million in the research and development of ultra-large die-casting machines, acquiring a 30% stake.

This money represents the unexpected increase in the R&D budget this year.

According to the project plan launched by LK last year, the overall R&D cost of the 6000-ton die-casting machine was 100-120 million RMB, and the prototype was supposed to be launched in August this year. However, the current R&D budget has been adjusted to 200-240 million RMB, and the prototype has been postponed to the end of the year.

Yu Xing felt the same way as Boss Xiong and Boss Xu.

Research and development and products have become black boxes; what's inside can only be determined by the feedback given by the other party.

The only consolation is that the procurement budget will be reduced.

Since LK's products are not yet completed, there is naturally no corresponding price. However, they have provided an estimate that, including the approximately 2000 million yuan for developing a single mold and the corresponding factory renovations, the final purchase price for a single die-casting machine will be around 1.1 million yuan. This "around" means that it won't go too far to the left, but there might be a lot of room for adjustment to the right.

Du Yaojie's current statement is that he will give a 8% discount at that time, which can be considered a certain degree of rebate.

The fact that Silicon Carbon Group did not conceal this expenditure from its investors naturally attracted related inquiries.

Zhang Suyang accepted President Yu's explanation and asked a question: "President Yu, how many die-casting machines do you actually need?"

“We need at least two machines.” Yu Xing was very clear about this. “Our current production line only needs one machine. It is designed to produce 800-900 pieces a day after deducting maintenance time, but the actual production capacity needs to take into account factors such as mold replacement and yield fluctuations. It is estimated that it can only reach 60-70% of the theoretical capacity, but it will be enough for the initial stage of the silicon carbon group.”

"The other machine is a redundant configuration to prevent a sudden failure from stopping the production line. The estimated purchase for this part is around 2.5 million."

After thinking for a while, Zhang Suyang asked, "President Yu, this budget is quite large. I see that the Silicon Carbon Group has many investment plans this year. Lijin has $1500 million, Zhibo Company has $1000 million, and aluminum-based new materials have another $1000 million... With such a large amount of money being spent, can the Series B funding withstand it?"

Yu Xing sincerely said, "President Zhang, we've already rowed halfway through the boat, so even if we can't hold on any longer, we have to keep going."

Zhang Suyang was not entirely satisfied with this answer, but he had no choice but to accept it.

After ending the call, Yu Xing couldn't help but shake his head at his secretary and said, "I guess IDG feels exactly the same way I do. This investment in Lijin is way beyond expectations, and they're experiencing all sorts of delays beyond their planned timeline."

But he reconciled with himself before his secretary could answer, after all, it was at the forefront of the world, and the answer from Lijin's digestion technology and different systems was also a very good reason.

Yu Xing drank a cup of tea and smoked two cigarettes. His slightly troubled thoughts shifted from the R&D expectations to the mobile internet and then to Guo Shanfeng. He realized that he couldn't just bear the pressure on his side; he had to shift the pressure elsewhere.

He called his secretary back to inquire about the situation regarding the private testing next door.

The testing workshop has been completed, and some bench tests have even been conducted directly on Volkswagen vehicles.

"Mr. Yu, everything is normal." Zhang Yangxu knew that his boss was helping a friend, so he answered enthusiastically, "There's no problem."

Yu Xing repeated, "Everything is normal?"

Zhang Yangxu nodded repeatedly.

Yu Xing wanted something "abnormal." He had his secretary pull up the test data, and the data Volkswagen used for machine testing was the same as what it officially announced.

This time it wasn't a gasoline car, but a diesel car.

Yu Xing was quite surprised. Was it just a coincidence? Was it just a coincidence that the models with counterfeit issues weren't found during the spot check?
He put down the data in his hand and nodded to show his approval of the completed side job.

If random checks don't reveal any problems, then we'll just conduct a general survey.

Yu Xing told Liu Wanying about the situation, but before he could even think about it for two days, two similar messages came to him.

Guo Chuan made a phone call to report on the development milestones of the air suspension—it has passed bench testing for performance verification and the overall performance is good, but a stress concentration problem has emerged at the airbag fold, and the plan is to improve the strength of this by optimizing the vulcanization process.

In short, the prototype of the air suspension has been developed.

Yu Xing's joy was further heightened after hearing Su Yongqiang's report from Zhibo Company—Zhibo Company had completed the manufacturing of the radar prototype and verified the key performance indicators, which solved the bottleneck in mass production processes.

Similarly, its prototype also has shortcomings. Road tests showed that the detection range was only 70 meters, mainly due to insufficient output power of the radio frequency chip, which will be addressed in a targeted manner later.

Guo Chuan: I'll form the air suspension.

Su Yongqiang: I will assemble the millimeter-wave radar.

Yu Xing's heavy mood, which had been weighing on him for days, finally eased. "The R&D is great! We should invest! They're all good brothers!"

He thought and thought, but for a moment he didn't know how to share his joy.

Finally, Yu Xing sent a message to his peers: "We've made progress on our millimeter-wave radar; you can start negotiating with foreign suppliers now."

(End of this chapter)