I can become stronger by paying salaries. I have one billion employees!

Chapter 638 Running at the Forefront, the Era of Mass Production is Coming! Jumei Collapses, Three Companies Share the Profit!

"Boss, are you serious?"

Monday, June 9th, the first day after the end of the college entrance examination.

In the chairman's office on the top floor of Building 1 in Senlian Science and Technology Park, Xiong Li was looking at Chen Yansen with a surprised expression.

Did I used to like joking around?

Chen Yansen raised his eyelids slightly and asked in a calm tone.

"Sorry, boss, I'll draft the implementation details right away. We'll implement the 'four days on, three days off' work system in different departments and batches, based on the actual workload of Pinbei, Orange Technology, and Deep Blue Technology."

Xiong Li took a deep breath and replied seriously.

"Get to work. Oh, and include the group headquarters in the first batch of pilot projects as well."

Chen Yansen waved his hand and then gave the order.

Xiong Li was originally the general manager of the human resources department of Pinbei Technology. Due to his outstanding work ability, he was promoted to the group's chief talent officer, responsible for coordinating the recruitment affairs of all subsidiaries.

"Yes, boss." Xiong Li nodded in agreement, then gently closed the door and strode away.

But a faint smile inadvertently appeared on the corner of her mouth.

They're both bosses, but the difference is huge.

Chen Yansen is actually going to implement a 'four days on, three days off' work system within the group!
However, in her opinion, although the boss's decision was rash, it was not a decision made on a whim.

The reason is simple: Pinbei, Orange Technology, and DeepBlue Technology are too good at making money.

Especially DeepBlue Technology!

The cost of Deep Blue batteries is $110 per kilowatt-hour, but the supply price is as high as $400.

Orders are pouring in from Europe, America, and Southeast Asia, and the total annual revenue is at least 100 billion US dollars.

The total number of employees in the first and second phase factories is only over 5000. The annual labor cost is less than a fraction of the total revenue.

Even if it's just "three days on, three days off," the project can handle it.

After Xiong Li left, Chen Yansen leaned back, took out his phone, and opened the trending news rankings on Toutiao.

"Evergrande's foray into agriculture, grain and oil, football and other fields has attracted attention for its diversified development."

"The battle for video website copyrights intensifies: Youku, iQiyi, and Tencent Video are willing to spend lavishly to secure exclusive rights."

"SF Express's Heybox convenience stores are being rolled out across the board, attempting to enter the community O2O market."

"Lenovo's acquisition of Motorola has been approved by China and the United States."

"Wanglaoji vs. Jiaduobao: The red can dispute over advertising slogans, packaging, and distribution channels has entered a legal tug-of-war."

"The traffic of Magic Camera has reached its peak, its business is too singular, and its future is worrying."

"A Kuaipao employee assaulted a Taodian employee in Chang'an. After mediation, the employee was compensated 1000 yuan."

"Douyin and Lingxi Search won the 'Fist Award' at the 5th China Mobile Application Developer Conference!"

Upon seeing this, Chen Yansen forwarded the news to Shan Jiawei and inquired about the details.

With thousands of outlets and over 300,000 employees in more than 800 cities across the country, it's normal for Kuaipao to occasionally clash with its competitors.

Just like Wanglaoji and Jiaduobao, offline promoters and distributors often resort to violence, wielding wooden sticks and steel pipes at the slightest disagreement.

Business battles have always been simple and brutal.

"Boss, I've investigated this matter. Our employees are innocent. It was Tao Diandian's ground promotion manager who verbally abused a Kuaipao delivery rider. When his colleagues found out, they chased after him to argue, and in the ensuing scuffle, things got a little rough."

But don't worry, it doesn't constitute minor injury. Our colleagues in the legal department often give them training, so they're very careful when they do anything.

Shan Jiawei quickly sent a long explanation.

Chen Yansen's face darkened. He thought to himself: I had the legal department train you so that you would abide by the law, not so that you could find loopholes.

But he didn't say much; as long as he didn't lose, that was enough.

Chen Yansen stared at Shan Jiawei's message and finally replied with only eight words: "This is the last time. Strengthen the restrictions."

After all, KuaiRun is a service platform, and it cannot leave users with the bad impression of being prone to violence.

“Boss, I understand,” Shan Jiawei replied.

Chen Yansen then opened ShortMimo and casually clicked on a game called "Traveling Through Newton: Starting by Cutting Down an Apple Tree" to pass the time.

ShortMimo earned over $4000 million in paid revenue within a month of its launch, and at the current rate of growth, it could easily rake in hundreds of millions of dollars a year.

Orange Short Drama's platform revenue in May was $7900 million, with more than 6000 new episodes added in that month.

This demonstrates the immense popularity of short dramas both domestically and internationally.

Furthermore, over time, the proportion of paid content for poorly made short dramas is gradually decreasing.

Some production teams have realized that short dramas must be of high quality in order to have a competitive edge.

at the same time.

At DJI's headquarters in Shenzhen, after two years, Wang Tao finally received the engineering prototype of the Inspire 1.

Compared to the Phantom 1, the Inspire 1 is not just a simple iterative upgrade, but a comprehensive and revolutionary leap.

The difference between them is like the difference between a smartphone and a feature phone.

The Phantom 1 is essentially just a flying, stable gimbal mount; users need to install their own GoPro cameras and cannot see the footage in real time.

The Inspire 1 is a complete, all-in-one professional aerial photography tool, and it is also the model that Chen Yansen plans to donate to the Virtual Academy UAV training base.

It integrates camera, gimbal, image transmission and intelligent flight functions, adopts an all-metal body, and can automatically deform and retract the landing gear, making the flight more stable and more wind-resistant.

The image quality has been upgraded from a maximum of 1080p to 4K, and it is equipped with Lightbridge high-definition digital image transmission function, which can achieve 720p real-time image transmission up to 5 kilometers away.

Of course, in terms of price, it's also overwhelmingly superior.

The DJI Phantom 1 Standard Kit, which does not include a GoPro action camera and gimbal, is priced at $679.

As for the Inspire 1, Wang Tao priced it at $3399 for the dual-remote version and $2899 for the single-remote version.

He had reported to Chen Yansen that after the new product launch conference, it would be released globally on June 18th. The domestic pricing is: 17999 yuan for the single remote control version and 20999 yuan for the dual remote control version.

"Send a batch of samples to General Manager Chen, and also call Lao Zhou from the e-commerce department over."

After playing for a few minutes, Wang Tao said to his assistant beside him.

It's worth noting that Senlian Capital has become DJI's second-largest shareholder after participating in multiple rounds of financing, holding 32% of the shares, which is less than 10% lower than Wang Tao's stake.

In addition, given the importance of Deep Blue batteries to DJI, Wang Tao was particularly cautious when facing Chen Yansen.

As soon as the assistant turned around, Wang Tao added, "Have Lao Zhou bring the joint launch plan from Pinbei. Tell him I want to personally check the details with him."

Although DJI's business focus was previously overseas, since the second half of 2013, Wang Tao has leveraged Senlian Capital's online sales channels to not only open an official online store but also join Pinduoduo.

The Inspire 1 is priced far higher than the Elf series. Although its performance is revolutionary, it still needs to leverage other factors to get users to buy it.

……

……

The following day, media outlets reported that Jumei's largest supplier was suspected of supplying a large number of counterfeit goods, including brands such as Armani, Burberry, Dior, and Hermes.

As soon as the news broke, Jumei's stock price plummeted, with investors in North America cursing and selling off their shares.

After triggering the circuit breaker mechanism several times, the stock price plummeted from a peak of $39.4 to $33.1.

This doesn't mean the downward trend has stopped; it's just a temporary halt to the market's decline.

If Cheng Ou cannot weather this stock price turmoil, Jumei will be pretty much finished.

Building trust in e-commerce platforms is not easy, but once it collapses, it often only takes a moment.

Jumei's actions directly impacted all Chinese e-commerce stocks, with even Pinduoduo and JD.com experiencing slight declines in their share prices.

Ma Liyun was completely dumbfounded!

He recently submitted his IPO application and is currently in the critical stage of document review.

The NYSE had already questioned Alibaba's ability to solve the counterfeit goods problem on its platform, and the Jumei incident has made Alibaba's IPO path even more uncertain.

Ma Liyun paced back and forth in her office, the New York Stock Exchange inquiry letter lying on her desk particularly glaring.

The above content mentions the Jumei counterfeit goods incident and asks Ali to provide further explanation on "how to ensure the authenticity of products on Taobao and Tmall platforms and whether there is a sound traceability mechanism".

Old Ma thought for a moment, then picked up the phone and called Zhang Yong, saying in a deep voice, "I'll give you three days to re-check the qualifications of all the luxury goods and beauty category merchants. Remove any problematic ones immediately. Also, prepare the 'traceability system' plan and come to my office first thing tomorrow morning."

Just as the person on the other end of the phone agreed, the assistant hurriedly pushed open the door and handed over a public statement from Pinbei.

Ma Liyun glanced at it a few times, and her face darkened even more.

Pinbei not only announced a special investigation into all beauty and luxury goods merchants on its platform with a "tenfold compensation for counterfeit goods" policy, but also launched a "user verification channel" at the same time. Users can send goods to authoritative institutions for testing, and if the goods are found to be counterfeit, they will be compensated with ten times the amount in cash and the testing fees.

"Huang Zheng, that guy, really knows how to seize an opportunity to steal the limelight!"

Ma Liyun threw the statement on the table and snorted coldly.

With Jumei's scandal, users' trust in e-commerce platforms had already plummeted. Pinbei's introduction of "tenfold compensation for counterfeit goods" and a traceability mechanism at this time is undoubtedly an attempt to attract high-value users who are sensitive to counterfeit goods.

Moreover, Pinduoduo's consistent practice is to stand on the side of users and crack down on merchants who sell counterfeit and substandard goods.

On Pinduoduo, you can buy three catties of white peaches for 17.9 yuan, three catties of winter dates for 9.9 yuan, five catties of white sugar poppies for 29.9 yuan, and three catties of Kate mangoes for 7.9 yuan.

These products have one thing in common: all specifications are clearly marked.

Take lychees as an example. If the weight of a single lychee is labeled as 16 to 18 grams, the actual error rate will not exceed 10%. If it exceeds the standard, a fine will be imposed.

Therefore, merchants selling fruits and fresh produce on Pinduoduo are particularly compliant with the rules.

the other side.

In the CEO's office of Pinbei's headquarters building in Senlian Science and Technology Park, Huang Zheng looked at the latest report sent by the data department and a satisfied smile appeared on his face.

Inquiries about beauty products increased by 40% month-on-month, and orders increased by 24.7%, with some brands even seeing a more than 30% increase in pre-sale orders.

Pinduoduo's series of actions perfectly absorbed the beauty product category users who fled Jumei.

In contrast, Cheng Ou was subjected to a barrage of insults from users on Weibo, Douyin, and Kuaishou.

Although Jumei immediately shifted all the blame and responsibility to the supplier and claimed that it was also a victim, users simply did not believe it.

Following this, Estée Lauder officially responded: "Some people say that Jumei.com supports counter verification, but we don't even have a partnership with them, so where would counter verification come from?"

Finished!

The brand's irrefutable evidence became the final straw that broke Jumei's back.

Trust has completely crumbled!

Pinduoduo, which was the first to jump out, took advantage of Jumei.com and made a big profit, adding a large number of beauty users to its own platform.

Not to be outdone, Tmall and JD.com launched "tenfold compensation for fakes," "traceability," and "inspection" features overnight, both hoping to get a share of the pie.

With the 618 shopping festival just around the corner, it's clear to anyone with a discerning eye that even if Jumei manages to weather this storm, its sales during the mid-year promotion will be halved.

"Huang Zheng, Ma Liyun, Liu Qiangdong, have some decency!"

Cheng Ou cursed angrily.

Jumei isn't even dead yet, and these people are already swarming in, ready to grab a share of the market.

at the same time.

Liang Jinsong, far away in Shanghai, after countless attempts and optimizations, finally saw the words "yield rate: 96.4%" on the latest batch production report.

96.4%!

This means that StarSource Technology's 28-nanometer process has reached the mass production level, breaking through the technological blockade of European and American semiconductor companies and obtaining the ticket to enter the high-end processor market!
Inside the laboratory, the domestic R&D engineers were beaming with joy, and some even erupted in cheers.

"We can now confidently tell the boss that we should allocate a larger share of Tiangong Chip's orders to Xingyuan Technology."

Liang Jingsong smiled and thought to himself.

In the field of 28-nanometer process technology, StarSource Technology is at the forefront of fab factories nationwide!

(End of this chapter)