"BYD invested one billion in the TV factory, and it will only take years and months to make back the investment through pure OEM. The loss may be even worse. Why not just buy it back directly from Xingyi Technology, so that you can make back the investment instantly."

"This..." Shopkeeper Wang fell into silence. How could he not understand what Song Sining meant?

BYD's TV business was considered a failure, with billions of investments lost.

The BYD TV factory has also become a hot potato.

If we receive a large TV OEM order with a volume of tens of millions, we can still maintain a balance of income and expenses and slowly recover our capital.

If we cannot receive so many orders, it will be over. Not only will we lose all our money, but we will continue to lose money. At that time, it will no longer be a loss of 1 billion.

After all, equipment maintenance and worker wages all cost money.

And if it is sold directly to Xingyi Technology, the one billion investment can be recovered at once, which is a great thing.

What's more, Wang Yi is also upright.

If it had been anyone else, they might have taken the opportunity to lower the price to 900 million, or even 800 million. Shopkeeper Wang would have had to sell it in order to reduce losses!

Now that Wang Yi doesn't keep the price low, it's a very generous thing for shopkeeper Wang to not lose a penny at the price of one billion.

Song Sining continued: "By selling to Xingyi Technology, BYD will get rid of its non-performing assets and quickly recover its capital. With one billion funds, you can also better develop the new energy business, which is your main business!"

Shopkeeper Wang's expression changed drastically, and he couldn't understand what he was saying.

'New energy business...the main business! These are not the words of President Song, but the words of Director Wang!'

'Is Mr. Wang beating me?'

'Yes, Director Wang has always opposed my diversified development...'

Shopkeeper Wang took a deep breath: "President Song, this is a serious matter. Can you let me think about it?"

Song Sining nodded: "Okay, Xingyi TV has a serious production capacity crisis. I will wait for you for a day, and we will buy other TV factories one day later."

These days, there are not many high-end mobile phone factories, but there are many LCD TV factories.

BYD is not selling, it is just acquiring other factories.

As long as you have money, there is no shortage of factories!

"Okay, I'll reply as soon as possible."

After ending the call, Shopkeeper Wang looked at everyone: "Did you hear it? What do you think of this?"

The vice president was the first to speak: "We can't sell it. Director Wang directly purchased our factory because he is afraid that BYD will make our own TV and threaten Xingyi TV."

"Yes, it must not be sold. Once sold, BYD's TV business will be far away."

But then, there was another high-level objection:

"Stop telling jokes, okay? Chairman Wang isn't afraid of TV giants like Hisense and Sony, but why is he afraid of BYD, which doesn't even produce a single TV?"

"this……"

"Ahem, although this is a bit harsh, it is true."

"Xingyi TV is high-end, while BYD TV is low-end at most. Director Wang doesn't care at all. The reason why he acquired our factory is to help us recover our costs."

"Yes, it must be sold! If we don't sell it, our investment of one billion yuan will not be able to recoup our capital in ten years, let alone make a profit."

"Dr. Wang didn't lower the price, so it's already good. Sell it, and after recovering, make good progress on the car. That's the core."

"Yes, Chairman Wang has given us orders. BYD TV is a complete failure. Don't sacrifice the good and the bad and concentrate on making cars!"

…

"Okay, then sell it!"

Shopkeeper Wang took a deep breath and looked a little sad.

At the end of last year, he wanted to make a BYD mobile phone, but after seeing Xphone 1 from Xingyi Technology, shopkeeper Wang felt desperate and gave up on the BYD mobile phone project.

This year BYD wants to make TVs, the factory has been built, and TVs have been developed.

As a result, after seeing the Xingyi Smart TV, I felt desperate and had to completely abandon the TV business, disband the R&D team, and sell the TV factory.

There is no way, the gap is so huge that it makes people despair!

It doesn’t mean that a company is strong, but its capabilities are strong.

For example, in the previous life, Volkswagen was such a large company. It had no shortage of talents and invested a lot of money. As a result, it couldn't even handle a car-machine system. In the end, it had to invest in Xpeng and directly use Xpeng's car-machine system.

Similarly, BYD can do OEM business, but if it builds its own brand, it will be over.

Electronic products are updated so fast that even those who follow Xingyi Technology cannot keep up.

Shopkeeper Wang was just about to call President Song, but Du Qingping next to him suddenly thought of something:

"Chairman, I know how to develop TVs, but I'm not good at anything else. Going to BYD's other departments will cause trouble. You have a good relationship with Director Wang, can you recommend it to me? Or package me and the TV factory together to Director Wang?"

"

"Do you want to go to Xingyi TV?" Shopkeeper Wang's expression became very exciting.

But I have to sigh with emotion, this old boy is a genius.

Du Qingping has no future if he stays at BYD.

But if you go to Xingyi TV, you can show your talents and your future is boundless!

Du Qingping actually knows how to turn a bad hand into a winner!

6!

However, this is fine, as I don't owe Du Qingping any favors.

"Okay, let me ask."

"Thank you, thank you so much." Du Qingping was extremely excited and felt that everything was bright and clear!

So much so that several BYD executives nearby cast envious glances.

Once you board Wang Dong's aircraft carrier, your future will be limitless.

Soon, the call came through: "President Song, as you said, BYD's TV factory will be sold to Xingyi Technology for one billion yuan. However, we still have a small TV R&D team. Do you think you can take it over as well?"

Shopkeeper Wang has his own calculation. If it is not packaged to Xingyi Technology, then BYD will have to pay compensation. They are all R&D personnel and their salaries are high. The total sum is not a small sum.

If it is packaged and thrown to Xingyi Technology, it doesn't matter, BYD won't have to pay a penny!

Double happiness!

"This..." Song Sining did not respond directly, but looked at Wang Yi.

Shopkeeper Wang said quickly: "Don't worry, these teams are all talented people. They are all capable people I hired from Changhong and TCL. For example, Du Qingping, Changhong's R&D manager, is a powerful veteran. You will definitely not lose money if you accept them!"

Wang Yi smiled and simply nodded.

Many of Xingyi TV's teams are drawn from the mobile phone department, and they are currently short of manpower!

People like Du Qingping have good abilities, but their ideas cannot keep up, so they cannot make good products.

With Wang Yi at the moment, Xingyi Technology does not lack advanced ideas, but only lacks capable and experienced talents to incubate Wang Yi's advanced ideas into advanced products!

Just like Zhu Changlin, he only has some strength at HTC and has not made any outstanding products.

But when it comes to Xingyi Technology, according to Wang Yi's design concept, Zhu Changlin made Xphone 1 and Xphone 1pro, both of which are Wangzhao products!

Even Zhu Changlin has become the top R&D director in the industry, and many peers want to poach him with huge sums of money.

But Zhu Changlin didn't even consider it and didn't dare to go.

Zhu Changlin knew how much he had in pounds.

Once he leaves, without the support of Wang Yi's advanced concepts, he will not be able to make epoch-making good products.

Isn't it over?

Seeing Wang Yi nodding, Song Sining said: "Okay, let's take it all in. But you have to tell them clearly in advance that you need to work in the north."

"That's no problem. Thank you, President Song. Thank you." Shopkeeper Wang breathed a sigh of relief.

With Xingyi Technology's acquisition of a TV factory, BYD's billions of capital will be recovered instantly, and the losses from this strategic failure can also be minimized!

Otherwise, the third quarter financial report will be ugly and the stock price will plummet.

After the call ended, Song Sining looked at Wang Yi: "About BYD signing the contract, are you going to go or am I going to go?"

Wang Yi thought for a while: "I'll go, I just have to go to BYD's TV factory to take a look."

"Okay, then I'll book a flight for you tomorrow."

"Don't worry, let's do it the day after tomorrow. I have something important to do tomorrow."

"What's important?" Song Sining was full of curiosity.

Wang Yi hugged Song Sining and said quietly: "Of course you are going to accompany my Sining to have some fun in the island city!"

"Hehe." Song Sining's brows were filled with joy, and her eyes were bent with laughter: "I'll reward you tonight!"

"What reward? I'm waiting."

"We'll find out tonight."
To be continued...