After Sun Ying reported on behalf of the Emp Automobile Industry about the various situations in the previous year, Bai Ningyuan did not speak immediately, but carefully looked through the annual summary of the Emp Automobile Industry in his hand, and nodded for a long time before he nodded, and then commented on the achievements they achieved last year.

In general, Bai Ningyuan still recognizes the achievements made by Emp last year. Emp is no longer the small workshop that countless people can’t see hope. It’s just that the willful project of electric vehicles has seriously dragged down Emp’s profits.

But this is also impossible. People always have to pursue something in their lifetime.

After ending the report from Emp, the next step is Letu Software.

After Bai Ningyuan acquired Gaode and changed its name to Letu Software, Letu was actually the least concerned part of the Bai Ningyuan business empire. Since the acquisition, it has never achieved any results. It just continued to improve its products and services in accordance with Bai Ningyuan's requirements, and silently did all kinds of boring preparations. Over time, people are about to forget that Bai Ningyuan has such a company in his hands.

Even if Letu invested in Dianping and held half of Dianping's shares, it still did not cause any response in Bai Ningyuan's business empire.

In the impression of countless people, Letu is a money-losing product.

It's just because Letu Software really has no outstanding performance. Not only that, Bai Ningyuan even needs to continue to invest money in it.

Although Leku Video Network is also burning money, at least they still have advertising fees, and more importantly, they have content. What about Coke Pictures? What is it?

But all of this changed in the second half of 2005. After its own efforts and careful preparation, Letu Software defeated Tuxin, a state-owned background, with its excellent service and excellent quality, and won the orders of BMW's tens of millions of dollars. It can be said that it is time to operate.

BMW's orders were like a stepping stone, which opened the door to supply the high-end automobile market for Letu. Soon, Audi and Mercedes-Benz, both Deutsch, also reached a supply cooperation agreement with Letu Software.

In just four months, Letu software shipments have reached 30,000 units, achieving revenue of 9 million... US dollars!

More importantly, Letu Software has become the first company in Bai Ningyuan's business empire to achieve financing. Gaosheng Bank acquired 20% of Letu Software's shares with 18% of Alibaba shares and 8 million US dollars in cash. In this way, Letu Software's market valuation has exceeded 100 million US dollars.

It can be said that in less than half a year, Letu Software has grown from an unknown marginal company to a large company that is highly regarded, which is extremely glorious.

And no one would suspect that with the opening of the high-end car brand market, Letu Software's products will also be more smoothly reaching cooperation with other car brands.

In the future, the automobile market will have unparalleled huge potential, and with the booming automobile industry, Letu Software's performance will further prosper.

Regarding the development of Letu Software, Bai Ningyuan does not have many requirements at the moment. He just needs to let Xiao Jun continue at the current pace, constantly strengthening the quality and service of his products, and consolidating his advantages and position in the field of electronic maps. After all, this is Letu's core competitiveness. After all, the profitability of Letu Software this year has already surprised Bai Ningyuan.

After talking about Letu Software, the next step is Letong Communication, which was just established this year.

As the youngest link in Bai Ningyuan's business territory, at the beginning of its establishment, Bai Ningyuan placed high hopes for this company, and for this reason he did not hesitate to sign huge orders with Lianfake, and agreed that the purchase volume of their chip products would be no less than 100,000 units per year.

And this year's Letong Communications did not disappoint Bai Ningyuan.

Although construction started in February this year and was officially produced and shipped in April, it was only nine months left for them, but even so, with its excellent design, low prices and extremely rich and powerful functions, the counterfeit machines produced by Letong have captured the northern market in a short time, especially in the eastern Shandong region. People are very popular with the assembly machines produced by Letong. Often, when the dealers arrive, they will be sold out by consumers who hear the news. In addition, the profit margin given to the dealers is relatively large, so it is not difficult to promote them, so the dealers are also very positive about promoting these mobile phones.

This is the golden period for the development of the domestic counterfeit machine market. The market has not yet been saturated and the competition is not as fierce as it will be in the future. Therefore, the goal of these 100,000 units can be said to be easily completed without any pressure.

In addition to the domestic market, Letong Communications' export journey has also achieved a little success. After contacting and trying various channels, Letong has opened a channel in terms of exports. Although Letong's export volume in the entire 2005 years was less than 20,000 units, it has brought valuable experience to Letong Communications and is familiar with the entire export process and operation mode.

China achieved annual sales of 120,000 units and exported 20,000 units. Compared with the goals set at the beginning of the year, Letong has given a very outstanding achievement.

In just the first year of building the factory, Bai Ningyuan made tens of millions of yuan in profits.

At this time, most of the counterfeit machine manufacturers were in the Pengcheng area. There were few such large factories in the north. The main reason was that they could not get the strong support of Lianfake like Bai Ningyuan. After all, Bai Ningyuan had a bit of timely help to Cai Mingjie, which is also an important reason why Letong could quickly capture the northern market. Compared with Pengcheng manufacturers, Letong has a natural advantage in geographical location for the radiation from the north.

Of course, the popularity of counterfeit machines is only a golden period of two or three years. At most, by 2008, it will enter a period of harsh environment, with fierce competition and declining cost-effectiveness, and it will gradually be eliminated by smart phones.

It is precisely because of this that Bai Ningyuan spent a lot of effort to acquire Zhuo.

For Letong, in 2006, they not only had to seize the golden period of counterfeit machines, gain more profits, and expand overseas export markets, but more importantly, they wanted to start building their own high-end brands.

According to the Zhuo system, it is time to step onto the stage of history...

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