My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 63 The gamble paid off! Cross-border acquisition of both hardware and software!
June 12th.
Chen Feng drove to the factory located in Minhang District.
At this time, the original factory sign had been removed and replaced with a brand new "Fengchi Electric Vehicle Co., Ltd." sign.
Inside the workshop, technical director Wang Jianhua was excitedly standing around a sharply styled new car.
"Mr. Chen, look! This is our first prototype vehicle equipped with an American-made high-speed motor."
Wang Jianhua patted the car seat, his voice excited, "We've been conducting extreme tests inside the factory these past two days, and the data is absolutely astounding."
"The hill-climbing ability has made a qualitative leap. In the past, you had to push a regular car up the steep slopes of underground parking lots, but with this car, you just twist the handle and it goes up in a flash."
Chen Feng walked around the car and asked, "Have you calculated the mass production costs? Approximately how much?"
Wang Jianhua immediately replied, "I've calculated it. If production capacity is maximized, the overall cost per vehicle can be controlled at around 620 yuan."
"As for reliability, although the testing time is short, the structure of this brushless motor is inherently more durable than that of a low-speed brushed motor, and the failure rate is extremely low."
"Mr. Chen, once this car hits the market, other no-name brands simply won't stand a chance!"
"good!"
A glint of light flashed in Chen Feng's eyes. "Talk is cheap. I'll give it a try."
Wang Jianhua quickly handed over the helmet: "Mr. Chen, this motorcycle is powerful and accelerates quickly, so please take it easy."
"rest assured."
Chen Feng got on the bike and turned the throttle.
"Buzz—"
The motor emitted a soft, textured buzzing sound, and the car shot forward instantly.
After driving around the factory's cement roads for a few laps, Chen Feng was quite satisfied with both the acceleration and the stability during cornering.
"That speed is impressive, and the acceleration is very linear."
Chen Feng gripped the brakes, braced himself with his feet, and took off his helmet, praising the vehicle.
Wang Jianhua, standing behind him, breathed a sigh of relief, finally able to relax.
Chen Feng handed over the helmet and asked casually, "Which company supplies the batteries now? What's the range on a full charge?"
Wang Jianhua quickly named several suppliers and added, "Currently, we are using lead-acid batteries. Although the energy efficiency has improved significantly after replacing them with imported high-speed motors, and the range is 20% longer than the old model, it is still far from being the best."
Chen Feng frowned slightly and pondered for a moment: "Whether it's electronic products or vehicles, battery life is a core pain point. I remember BYD is doing very well in the battery field? Go and contact them, see if you can purchase their battery packs and do a comparative test."
"Okay, Mr. Chen, I've got it." Wang Jianhua immediately took out his notebook to write it down.
"Tell me the test results as soon as they're available. Also, we need to finalize the model quickly; we want to get the product out before the summer season."
After giving his instructions, Chen Feng turned and left.
Wang Jianhua dared not delay and immediately relayed the boss's instructions to General Manager Zhang Qiang.
Zhang Qiang then arranged for someone to contact BYD and request samples.
At this time, BYD was at its peak.
Amidst fluctuating global battery raw material prices, they have leveraged their cost advantages across the entire industry chain to expand rapidly, securing orders from Motorola and Nokia, and are now seeking new growth drivers.
The electric vehicle market, a blue ocean market worth hundreds of billions, is naturally within their reach.
Faced with the olive branch extended by "Fengchi Electric Vehicle", BYD showed great enthusiasm, and the samples were sent to the Shanghai factory in less than three days.
After a week of rigorous testing by the technical team, the data shows that BYD's batteries do indeed outperform the original suppliers in terms of charging and discharging efficiency and cycle life.
Upon receiving the report, Chen Feng immediately made a decision, instructing Zhang Qiang to sign a long-term strategic supply agreement with BYD.
With everything in place, the first mass-produced model of Fengchi Electric Vehicle officially rolled off the assembly line. Chen Feng waved his hand and named it "Storm One".
To facilitate the launch of the new product, Chen Feng gave Zhang Qiang a strict order: GG must directly address the pain points and be simple, direct, and effective.
In late June, a quirky video was quietly released on various local TV stations.
The image shows a long, steep slope that inspires fear.
Under the scorching sun, a group of pedestrians riding off-brand electric bikes were red-faced, their bikes groaning and creaking as they got stuck on a hillside and had to get off and push them in a sorry state.
Just then, a burst of rousing music began to play.
A young man in a leather jacket rode a stylish "Storm One" motorcycle, flashing past the group of people pushing carts like a white lightning bolt, easily reaching the top as if walking on flat ground.
The camera zooms in, and the young man takes off his sunglasses, smiling confidently at the lens: "Storm One, equipped with an imported American high-speed motor, eliminates the need for pushing, conquering every steep slope! Longer battery life, more robust quality!"
Although this GG (Girl) is incredibly corny, it's surprisingly effective.
At this time, the first batch of 2,500 "Storm One" vehicles that rolled off the production line at the factory had already been sold out.
Chen Feng decided to adopt a "rural areas surrounding cities" strategy, prioritizing distribution in Shanghai and surrounding satellite cities to gather initial user feedback.
After all, production capacity is still ramping up, and it's unrealistic to expect to become a giant overnight.
Just as the electric vehicle business was booming, Fengtian Technology also received good news.
"Mr. Chen, the iMusic platform in the Software Center has completed internal testing and is currently undergoing final stress testing and vulnerability patching."
Zhao Ya stood in front of the desk and handed over a test report. "It is expected to be officially launched in mid-July."
Lin Wanyuan was stationed in the United States, while Zhao Ya managed the main base in China. She had indeed grown rapidly during this period.
Chen Feng flipped through the report and nodded, saying, "Notify me before it goes live so I can personally experience the interaction process. User experience is the lifeline of this software; there's no room for carelessness."
"clear."
Zhao Ya responded and then reported to her supervisor: "In addition, June is coming to an end, and the monthly sales reports for the domestic and US markets have been released."
"As of yesterday, the 37 directly operated stores in China have sold a total of 215,000 MP3 players."
"F1 sales have remained stable at around 16%, and this month's total domestic revenue exceeded 300 million RMB, with net profit around 85 million RMB."
"Regarding the US market, the data sent back by General Manager Lin is current as of the 22nd. Cumulative sales are 192,000 units."
"It's worth mentioning that American consumers have a very high acceptance of high-priced products, with F1 accounting for nearly 55% of sales. This translates to approximately $52 million in revenue and $16 million in net profit, equivalent to about 130 million RMB."
Upon hearing this number, Chen Feng leaned back in his chair, a slight smile appearing on his lips.
Although this doesn't even include subsequent operating costs and taxes, the speed at which they make money is already terrifying.
This is a desolate wasteland with absolutely no rivals.
In just three months, the combined monthly revenue in the US and Chinese markets has approached 800 million, and net profit has easily exceeded 200 million.
If we include the final week's push at the end of the month, the number would be even more staggering.
In comparison, while Legend Network is also a money-printing machine, its monthly profitability is slightly inferior to that of Fengtian Technology, which combines hardware and software in a cross-border profit-making model.
Of course, this is also because Chen Feng has invested heavily in Fengtian Technology, raising funds and buying copyrights, with investments far exceeding those of game companies.
But no matter what, he made the right gamble on this path.
"Very good! Mr. Zhao, we must keep a close eye on the production process. We absolutely cannot allow production capacity bottlenecks to cause supply shortages at the upstream end." Chen Feng put down the report in his hand and solemnly instructed.
Zhao Ya nodded solemnly, then looked troubled. After hesitating for a moment, she reported to her supervisor: "President Chen, the machines in our own factory have been running around the clock, and the production capacity is indeed approaching its limit."
"Especially F1, which is selling so well in the US, the current order volume is completely overflowing. What do you think... is it an emergency purchase of equipment to expand the production line, or should we divert some of the F1 orders to contract manufacturers?"
Chen Feng tapped his fingers lightly on the table, pondered for a moment, and then made a decision: "Let's outsource it to contract manufacturing. If we buy equipment, debug and install it now, it'll be too late by the time we can mass-produce it."
"The capital investment for expanding production lines is too large, and we can't afford the time cost. It's better to give up some profit margin in exchange for efficiency."
At this point, Chen Feng emphasized, "However, there are prerequisites for outsourcing. F1 is our high-end flagship, and our quality control standards must not be lowered. Even if the outsourcing fee is higher, it doesn't matter. We must send a quality inspection team to scrutinize every detail and ensure that every machine leaving the factory can withstand inspection."
"Understood, Mr. Chen. I will calculate the specific outsourcing quota based on the workload of our own factory and select the best contract manufacturers," Zhao Ya replied efficiently.
"Okay, go do it."
Chen Feng waved his hand.
After Zhao Ya left, Chen Feng leaned back in his chair, let out a long sigh, and a faint smile appeared on his lips.
Given Fengtian Technology's current momentum, it's not a pipe dream for them to reach a market value of tens or even hundreds of billions in the future.
However, he then remembered the "smartphone" boom that his son Chen Xiaotian had mentioned before.
The kid's implication was that he wanted to leverage his hardware experience gained from playing MP3 players to eventually break into the mobile phone industry.
"It's good to be prepared."
Chen Feng secretly pondered, "I can start expanding the R&D center now, and recruit more talents in communications and integrated circuits, just as a way to build up my technical reserves."
"As for entering the mobile phone market now... the timing isn't right yet."
The current mobile phone market is a battle of titans.
International giants like Nokia and Motorola are at their peak, while domestic companies like Bird and Kejian are also engaged in fierce competition, with profit margins being drastically reduced.
Rushing in at this point would be suicide.
"We should wait until there are any signs of the groundbreaking smartphone that Xiaotian mentioned before we take action."
"First, build up your forces, and wait for the right time to act."
After making up his mind, Chen Feng decided to postpone having Zhao Ya put the recruitment plan on the agenda, especially targeting high-end talents in the communications field, recruiting as many as possible.
After sorting out his thoughts, Chen Feng got up, went downstairs, and headed straight for Legend Network.
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