Shen Nanpeng left with resentment.

"When it comes to investing, it's normal to have gains and losses."

Li Zehua looked very relaxed because he was sure that Sequoia would come forward to do the work. Shen Nanpeng was a smart man and he knew what to choose to benefit himself the most.

“Just wait and see. In three or four months at the latest, all the companies except Sequoia will have to hand over their shares.

Those who are sensible can take home some consolation prizes, but those who insist on following through will not get a penny at all.”

Then he patted Xiao Jun on the shoulder and said, "Old Xiao, it all depends on you from now on. You will need more than half a month to prepare and three months to completely defeat all your peers.

If the national mapping, surveying and navigation industry can be unified, you will definitely have a share in the new mapping and navigation group."

Xiao Jun smiled confidently, "Thank you, Mr. Li, for your cultivation. Just wait for good news."

It is written in black and white that the position of leader of Qingyun Travel Group, which integrates map navigation and travel businesses including AutoNavi Software, was tailor-made for Xiao Jun.

It not only has map navigation, but also the Shunfeng travel online car-hailing company. Jiang Derong was in charge of this area in the early stage as a reward for his standing by the team at a critical moment.

After the establishment of the new group, the focus of the initial work was on how to quickly acquire bankrupt peers.

Once the free strategy is implemented, the map and navigation businesses of various companies will inevitably be impacted, and it will be a blessing if they can avoid suffering huge losses this year.

For example, the worst-hit company must be NavInfo, whose original listing plan was aborted and the investors behind it were all so anxious that they were cursing.

Upon learning that Li Zehua was in Yanjing, many venture capitalists were eager to meet him and advised him to withdraw his free plan.

Some relevant stakeholders, such as BAIC, came to us at the first opportunity and pointed fingers in a arrogant manner. The core message was: don't be a disruptor in the industry.

Subtext: As an outsider, you must understand the rules and be aware of the overall situation. Don't destroy everyone's jobs, otherwise everyone will gang up on you.

In response to this, Li Zehua pushed Bi Jianjun to the front row, and Bi Jianjun, who was responsible for promoting Beidou's commercial use, accepted everyone who came.

Do you really think it is so easy to get these 15% non-dilutable shares?

Got to work!

Many joint venture auto companies, including SAIC, GAC, and Changan, have received calls from the State-owned Assets Supervision and Administration Commission, the Commission of Science, Technology and Industry for National Defense, and even higher levels.

Play fair and don’t cross the line!
The venture capitalists were completely dumbfounded. Fair competition?
Gaode, oh no, the new Qingyun Travel Group, already occupies one-third of the in-vehicle market. Now it doesn’t want to live a good life and wants to smash everyone’s pot.

This is fucking impossible to play!

It is impossible for them to give up the hundreds of millions of profits they earn every year, complete self-innovation, and be reborn from the ashes internally!
Even if there is still half a month of reaction time, it is impossible to come up with a response plan.

With the road to upstream car companies blocked, they went abroad to contact GPS technology promoters and manufacturers. In a word, they cut off the implementation of Qingyun Travel's free plan from the source.

But it's useless.

The cake given by Qingyun has already fed the relevant industrial chain.

There are only tens of millions of consumers in the market at present. How big is the market for mobile phones based on GPS positioning chips?
The prototype development work of Shanghai Honor Smart Terminal Co., Ltd. and Jinling Panda Smart Terminal Co., Ltd., which are under preparation, has come to an end and is entering the final testing stage.

Cooperation agreements with Qualcomm, Google and other relevant technology licensors have been signed once Qingyun's first generation of smartphones is finalized.

By then, we will have orders worth millions.

All related industrial chains can benefit from this, and the venture capital companies contacted are also the ones Qingyun is contacting.

They would be stupid to throw away the orders they have received. Venture capital is the money paid by investors, and company orders are the money they earn themselves. Is there any need to say which is more important?

This is the advantage of the industrial chain. Venture capital relies on capital operation and depends on the manufacturing industry to establish influence, but there is still a layer of separation.

Li Zehua relies on the Qingyun Group he established. With just one word, he can make the entire group cooperate unconditionally!

"It's a pity that Beidou's satellite launch is still a bit slow, otherwise we could use our own products this time."

Facing Li Zehua's sigh, Bi Jianjun smiled and comforted him: "Mr. Li, don't mind. With your participation, we originally planned to start large-scale commercialization three years later.

Now it can be implemented in one and a half to two years at most, and the progress of related work has been accelerated a lot.”

Historically, Beidou's commercial maturity period was divided into three steps. The first step was around 12, when the commercial scale exceeded billion.

It was also from this year that the related industries entered a period of large-scale mergers and reshuffles.

Certain people with ulterior motives use capital as a weapon and act recklessly, attempting to hinder the promotion of Beidou by forming a group.

This forced the latter to adopt a compulsory binding promotion method to achieve commercial implementation. Everyone saw the result and there was a lot of criticism.

Negative feedback such as "not easy to use", "outdated", "poor signal" etc. is overwhelming, and it seems that the equator may be flattened and the earth may stop rotating.

Fortunately, Beidou’s technology is advanced and it has managed to survive in the cracks.

The second stage is from 16 to 18, when Beidou made a preliminary counterattack to regain lost ground. It used its hard power to educate the market. It was okay to make money and it was okay to do things in the dark, but consumers must be able to make fair choices.

Then everyone saw that GPS was gradually losing the market share that it had forcibly occupied through capital monopoly.

The first stage, gaining a foothold, is always the most difficult.

Fortunately, this life is completely different. In 09, the Qingyun Group emerged. Although its current strength is not very strong, it takes every step down to earth and does not worry about accidents at all.

On the left, there is the Qingyuntongda Group, which occupies half of the country's express delivery industry. It is now involved in logistics and vehicle transportation, and has plans to recruit 100,000 experienced drivers.

The free plan for the in-vehicle map navigation market is aimed at the whole country and is determined to defeat all competitors.

What is a pattern?

This is the layout!

The perfect landing point for Beidou has appeared. Qingyuntongda Group and Qingyun Travel Group will influence land transportation, private cars, and even the future personal navigation market.

The above think tank conducted field research and surveyed Chimei, Fengniao, Pinxixi, Tongda Group, JD.com, and Yunyunbang.

Even Shunfeng Travel Group, which had little business volume, was not spared.

The main focus is to conduct research without blind spots.

The feedback we received was very comprehensive and the results were very encouraging. Beidou has broad prospects in the purely civilian market and the future is bright.

Sometimes, what the higher-ups are determined to do can definitely be accomplished.

But sometimes, we must also respect objective facts. Forcibly interfering with the normal business plans of an enterprise may not be accepted by the market.

Using coercive measures will cause endless troubles, so use them with caution.

Now, Li Zehua finally has the confidence to invest: "I will speed up the commercialization of Beidou."

As for those idiots who got hit by coins, who cares?

The people who cursed him the most now were like those who threw bricks into a pigpen. The ones who yelled and screamed must be the animals that were hit...

Jiang Derong's position in AutoNavi is actually very awkward. In terms of management level and technical ability, he is OK as an assistant, but venture capitalists will not be willing to let him take charge on his own.

Although he doesn't have many shares, he is essentially the same type of person as Xiao Jun. He has his own ideals and comes up with new ideas from time to time.

What venture capitalists hate most are people who are out of control. Why don’t you just listen to the capital? Who do you think you are?
Based on the existing technology, we can seize market share, prepare the reporting data, and then we can all go public and raise money happily, right?

Whose money comes from the wind?

Why should I pay for my ideals?

But now it's good. The venture capitalists are gone, and the good-natured Hou Jun is in power. He is acceptable in all aspects as the chairman and he is just trying to smooth things over.

Xiao Jun had no objection. In the past, if they wanted to grab food in the small pond, they had to fight for it, otherwise they would starve to death.

Now that the dragon has entered the sea, there are new directions everywhere, and he can do whatever he wants.

Even being a vice chairman and executive president is better than being constrained in every way in the past.

Jiang Derong was also happy because he no longer had to make maps. Although he was still a director of the map navigation company, he was actually doing the cooperation and coordination work for the two companies in the early stages.

His actual position is the president of SF Chuxing Group. He can just go and do online ride-hailing business. There is a broad world over there and there is no need to compete for a job in one company.

Li Zehua was also happy, as he had picked up a high-quality talent for free. The man had a lot of dealings with map navigation and car companies, so he was a perfect match for his profession. There was nothing wrong in bringing him to work in the online car-hailing industry.

In addition, with Bi Jianjun keeping an eye on things, the group's finance department has been replaced by its own people, and the personnel and compliance and supervision departments have moved in. With this combined force, no one can escape.

After the free war defeats all competitors and then they are acquired at a low price, the future of the travel group will be smooth!
“It will take a while for the new company’s shares to be sorted out, but I believe you will be able to show enough tolerance and understanding.

5% of a company with a market value of billion.

It is 100% more valuable than a billion-dollar company! "It is a pleasure to chat with smart people, including Bi Jianjun, no one objects.

Even Xiao Jun raised his hands to express his agreement after receiving the specific promise.

The new Qingyun Travel Group will not distribute equity immediately. It will have to wait until the reshuffle in the map and navigation industry is settled and existing competitors are either dead or injured.

It will be distributed after a series of acquisitions and reorganizations.

Otherwise, Hou Jun and Xiao Jun would suffer the most because their funds could not keep up. The free strategy is very expensive, and acquiring competitors also costs money.

Cultivating the market, upgrading equipment, and technological research and development require massive capital investment if the company is allowed to continue with unlimited private placements.

By the time they have hundreds of millions of free users and are ready to go public, it is a big question whether they will still have 0.5% of their shares left.

Now, with Li Zehua's minimum guarantee agreement in place, the company will set its future market expectations in three steps.

Driving a competitor into bankruptcy is one step, expanding the user base to over 100 million is one step, and cooperating with Qingyun’s overseas expansion is another step.

5% option reward for each step, fair and honest, with discounted prices internally, priority will be given to the core management team, everyone will have a share, and everyone will hold shares.

Hou Jun, Xiao Jun, and Jiang Derong couldn't stop smiling when they signed their names on the contract.

I just say that Mr. Li is so generous!
So damn righteous!

"There is no end to making money. I am a layman when it comes to map navigation. I will have to ask you to spend more time on it in the future."

When Li Zehua was speaking, he noticed the eager look in Bi Jianjun's eyes. What could he do?
He was sent by the country, so we can’t give him to just one person, right?
They could only communicate secretly, saying that he would be given the maximum personal treatment and all his modest private requests would be met.

This can soothe someone's wounded heart.

Li always said that he graduated from high school and didn't understand technology, but he turned around and gave his own advice, "Oh, by the way, I own a drone manufacturing company, and I have strong technical capabilities.

Currently, we are sharing R&D results with Hong Kong University of Science and Technology, Nanyang Technological University, Hunan University, Sun Yat-sen University, Chengdu University of Electronic Science and Technology, University of Science and Technology of China, Jiaotong University, etc...."

Xiao Jun didn't take it seriously at first, thinking that he was doing good for his own company.

This is not surprising. It is a related industrial chain, so we should take care of it if we can. It doesn’t matter who makes money.

But when I heard that drones paired with professional sports cameras have advantages in terms of battery life, operation and other areas.

He couldn't sit still anymore. "If it can be used for sports-level video, it can be used in the field of surveying and mapping. What are the specific data?"

Li Zehua had no idea what this was, so he immediately took out his cell phone and called Lu Fei, asking for Wang Tao as soon as he opened his mouth.

Lu Fei was very hurt. "Mr. Li, can't you just call him next time? I feel like I'm almost becoming a mouthpiece for you two."

"He's either sleeping or in the lab every day. Is there anyone who answers the phone?"

Li Zehua laughed and explained the situation briefly. Lu Fei understood immediately that this was a good thing.

But he didn't say that, "Boss, Dajiang is also your company, don't be partial to one over the other. It would be better to give hundreds of millions to Dajiang than to the map surveying company.

You promised Mr. Wang that you would provide enough research funding, but now it’s been over a month and only tens of millions have arrived. I’m afraid Mr. Wang will come to you in the Magic City with a knife!”

Li Zehua's face darkened. "It's almost done. The bank has just granted us a 1 billion credit line. I'll take 100 million from it and spend it first."

As the company grows bigger, it needs money everywhere. After the loan agreement was signed in the name of Pinxixi, only more than 4 million yuan can be used elsewhere.

The funds for the acquisition of Aomai came from here, and now scientific research funds are being transferred to Dajiang. This is really spending money like water!

However, Lu Fei was motivated to work because he was paid generously. Soon, Wang Tao received a call and was instantly delighted to hear that one hundred million yuan was about to be deposited into his account.

“Working with a mapping company?

This is a bit challenging. Let me tell you, the hovering stability and endurance, the anti-collision technology between urban obstacles..."

Wang Tao's technical ability is beyond doubt, but Li Zehua was confused, so he simply turned on the loudspeaker and asked Xiao Jun to bring a group of technical personnel to discuss the matter.

No one knew what the two groups talked about. Later, they felt that talking on the phone was not enough and wanted to chat on QQ.

This scared Li Zehua to death. Are you kidding me? During the 3Q war, weren’t there enough inside stories revealed?

God knows how much background monitoring this thing has. Since the company has money, the WeChat enterprise version was developed in advance, although its functions are still not perfect.

But at the very least, information security has made a qualitative leap.

He didn't want to be stripped naked and watched by others during technical team communication, and have others point fingers and make comments about him.

At someone's strong suggestion, the Gaode team and the Dajiang team activated the enterprise version of WeChat with the serial number and started a heated technical exchange.

"Old Guo, those who are capable should do more work. I originally planned to keep you in the south to preside over the inspection, but we cannot do without help here."

Li Zehua thought about it and decided that there was no rush for the remaining things, so he said to Guo Xinyi, "You can stay in Yanjing for a few more days and help with some finishing work."

Guo Xinyi now understands that his boss values ​​him very much and is constantly transferring him to other positions for testing.

As a man, everyone has ambitions. He immediately said that he was just a brick. Well, he hoped that Mr. Li would give him more work. When necessary, he could even stop being a human being.

"That's not the case. Apart from the map navigation, didn't you work at Freescale in Jinshi before? Take this opportunity to see if you can bring in the core team that left before."

Li Zehua is very interested in the technical staff of Motorola China.

At this stage, all the work of Qingyun Group is in preparation for the two cores.

One is the traffic entrance on the software side, including logistics and express delivery, map navigation, food delivery e-commerce, and even WeChat and Tik Tok, all of which are software-oriented.

The other is smart manufacturing, drones, and smart Internet of Things on the hardware side, with smartphones as the core.

Only through this vehicle, which is accessible to everyone, can other goals be achieved.

As a member of his core team, Guo Xinyi naturally understood.

He has been doing so all the time. He has introduced a large number of talents in the mobile phone business, including the former vice president of Motorola's Southeast Asia business unit, into the company.

Honor and Panda, the mobile phone hardware R&D departments established in Suzhou, have a small number of people who were introduced through his network of connections.

Qingyun Group has only produced three prototype mobile phones, but it has hired more than 300 hardware and software developers, which means they are willing to spend money.

After explaining all this, Li Zehua was just about to take a walk around the branch when Shen Nanpeng called again.

"Mr. Li, you know Lian Xiang's attitude. Liu Aiguo just asked me to tell you something: if the mountains don't move, the water will move; if the water doesn't move, people will move.

We all work in the same circle and one day our paths will cross in the future. I hope you can show some mercy.

If he can take over the shares of AutoNavi and several other navigation companies at the original price, he will do you a favor."

If you can't win, you want to surrender. How can it be so easy?

Close the door and don't let it escape.

Li Zehua was very determined, "Lian wants to invest and has stakes in so many companies, what is he planning to do?

Besides, since you are so active, don't try to trick me again, right?"

Shen Nanpeng smiled bitterly, "Where is the trap? It's just that Mr. Aiguo is a veteran in the industry. He asked me personally, so I can't not give him face.

As for investing in so many companies in the same industry, this is normal, after all, no one knows which one will finally stand out.”

Now we know that Gaode, oh no, Qingyun is very likely to be the final winner, but their car doors are welded shut, and Sequoia must fight hard for the last ticket.

"When you took the lead in beating me, you didn't say anything about giving me face."

Li Zehua sneered, "Boss Shen, let me tell you the truth, how much share Sequoia can get in Qingyun Travel depends on how badly you can beat Lian Xiang!

That's it. I won't even pay a dime for the shares I want."

He hung up the phone with a click.

Shen Nanpeng cursed, but he was reluctant to give up the benefits given by Qingyun. Finally, he gritted his teeth and did the math, "Liu Aiguo, don't blame me for being cruel.

They really gave too much!"

As for what I said just now, some of them were true and some were false. How could Mr. Aiguo possibly say something soft? It's just that when the time comes to cut the flesh, it hurts.

But he couldn't bring himself to do that, so he asked Shen Nanpeng to be the middleman. If he could fool them, that would be the best. If the worst happens, he would lose all his money.

Mr. Shen made some minor adjustments and tried to make money on both ends, but Li Zehua didn't give him face. Now he can only make a decision and protect his own interests!

(End of this chapter)