With the joint efforts of all parties, domestic purchase orders also appeared.

However, domestic procurement is relatively conservative. After all, the private sector was not yet wealthy at this time, and flight control was relatively strict. Generally, it was government procurement.

It’s some kind of attempt! I hope it can be applied to more civilian fields.

But as mentioned before, although the Somersault Cloud drone became an instant hit, it still needs a gradual fermentation process to completely stimulate market vitality. Therefore, no matter how popular it is, even if it is extremely popular, the total sales volume will be just like that.

, not everyone cares about this.

But the stunning debut of this new product immediately broke some barriers.

Many foreign consumers finally have the impression that in the high-tech field, China still has good brands and good products.

As a result, it immediately stimulated the mobile phone market, and many people began to pay attention to the Shenlu Generation...

…

In the years that followed, many people may have long forgotten the golden age of these few years.

Especially in European and American countries, with the continuous rise of new high-tech industries such as the Internet, almost everyone has cash in their hands and is almost rich. There is no need to think about the future at all. It seems that there is no way to spend all the money.

In fact, it is exactly the same as later in China. People all have the same idea. What should they do if they have money? Of course, buy a house or a car!

Therefore, the luxury goods market is also increasing day by day. It seems that everyone is rushing to buy them without hesitation!

As for the newly launched Shenlu first-generation smartphone, although the price is... OK! But in terms of functions, it is definitely in the category of luxury goods, right?

Compared with those "old man machines", at least it's very cool, right?

Besides, as soon as you use a smartphone, you will immediately comply with the "True Fragrance Theorem". Everyone who has used it says it is good and still can't put it down. With such a smartphone in hand, who will care about the "old man's phone"?

As a result, the strong desire for consumption, combined with the new generation of cool mobile phones, instantly sparked passion, causing sales to soar.

Even some marketing experts can't understand this kind of surge.

What happened? Why did he suddenly disappear?

Can you imagine how big the mobile phone market is? Although it is not as large as the annual sales of more than one billion units in the future, it is at least about 400 million units now. As the market share of the Shenlu Generation is getting higher and higher,

Their total sales soon exceeded 3 million units, 4 million units, 5 million units...

However, in this situation of double happiness, Li Yuan went against the norm and came to New York City in a very low-key manner...

"Li, congratulations, your new products are so exciting. We at Goldman Sachs and all the investors are confident that your Qinglong Auto will be launched."

This time, the CEO of Goldman Sachs personally greeted Li Yuan and was full of compliments upon meeting him.

Li Yuan also laughed "haha". He directly stated the purpose of his visit: "I came to Goldman Sachs this time just to inform you that after the company's board of directors and management collectively decided, Qinglong Automobile has suspended its listing."

"Huh?" The sudden surprise made the people at Goldman Sachs look at each other and were speechless for a moment.

Of course, Li Yuan had his own reasons for suspending the listing. The key factor was that the timing was wrong and he would soon face a new financial crisis: the subprime mortgage crisis!

Since Binhai wasn’t that long ago, the subprime mortgage crisis is quite famous, right?

Regarding the subprime mortgage crisis, I won’t go into details about the specific process. Anyone who is familiar with it should know it.

But as mentioned above, the global economy is currently booming, and everyone seems to be extremely rich.

This is because since the 1990s, the Federal Reserve has implemented a low-interest rate policy to promote economic growth and increase employment, which is also the period during which Alan Greenspan served as Chairman of the Federal Reserve.

The excessively low interest rate policy has led to the rapid expansion of credit. Coupled with people's optimistic estimates of the economic prospects, more and more people are taking out loans to buy houses, and the real estate market is booming.

At that time, a mortgage bond was often composed of hundreds or thousands of mortgage loans. Because the repayment period and default risk of each loan were different, the overall risk was reduced when combined (unless

A large-scale default occurred, which was almost impossible at the time).

It seems like this is a very efficient market, with home buyers getting loans, lenders making profits, and investors getting interest.

However, historical experience tells us time and time again that the greed of capital is endless.

In order to make a bigger cake, you must have raw materials. In the eyes of capitalists, housing mortgage loans have become the raw materials for making the cake. In order to get more loans, you must expand the scale of lending.

But now there are fewer and fewer qualified home buyers. Under this situation, many lending companies have quietly lowered their loan standards, so another group of people who did not meet the loan conditions have bought houses through loans.

In this way, under the influence of the wolves of Wall Street, there was a steady demand for mortgage loans, which directly stimulated the underlying lenders to continuously lower the lending standards for home buyers.

For example: a stripper in Las Vegas actually owns 5 properties? A strawberry picker from Mexico also just bought a $750,000 house? Even unemployed people can get loans?

Both lenders and lenders have lost their way, and the smart guys on Wall Street continue to create another batch of junk out of one batch of junk.

To be honest, Li Yuan doesn't care about subprime mortgages or not. As for how Americans speculate in land and buy real estate, they just have fun. They also don't care about Li Yuan's affairs.

But after several rounds of financing, Qinglong Automobile is on the eve of its IPO.

Previously, Li Yuan was prepared to launch the Qinglong electric car on the market immediately if the Somersault Cloud drone still failed to succeed.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Anyway, if one or two is not enough, then three or four will be used to launch a group charge.

Fortunately, the Somersault Cloud drone lived up to expectations and successfully opened up the situation. In this case, careful planning is needed.

To be fair, the research and development of Qinglong Automobile has not been fully completed. It was just because of some problems that it was decided to rush to the market. Now that there is a time buffer, further research and development is definitely needed.

And then there's the subprime mortgage crisis.

It’s obvious. If you had an IPO during the subprime mortgage crisis, the market feedback would definitely not be good.

Qinglong Automobile is still in the stage of burning money, and of course it hopes to raise as much financing as possible. Doesn’t it use the money from Wall Street? Does Li Yuan still need to provide the money himself?

Such a sudden attack caught Goldman Sachs and others off guard: "Li, don't be ridiculous, everything is ready and waiting for the IPO."

"Haha, I'm not joking, I just want to postpone the listing."

"Okay, okay! Can you give me a convincing reason?"

"Of course. I want to put the electric car launch conference together with the first day of the IPO to strive for a blockbuster. Only in this way will the market performance be more perfect."

"A blockbuster? Doesn't your Qinglong car also have something that makes people's eyes shine?"

"It's not convenient for me to disclose technical secrets here. But let me tell you one thing - electric vehicles are completely different from fuel vehicles. They will even change the ecology of the original automobile industry."

"Oh?" Goldman Sachs and others looked at each other again, "We are really curious. You technical experts must be crazy. But in the financial field, I suggest you think more about it. We are the most professional. I hope we can still make it on schedule.

IPO.”

Li Yuan was not an unreasonable person. He smiled and asked, "Why do you suggest this?"

"It's mainly a matter of credibility. The most important thing for us on Wall Street is credibility, at least on the surface." The president of Goldman Sachs also told the truth, "If you postpone it, maybe as you said, it will shine in people's eyes. But there is more.

Possibly, it will bear the loss of market confidence and lead to financing failure."

Seeing that Li Yuan still wanted to defend himself, the president of Goldman Sachs quickly explained: "Li, we have many cases here. This is not to intimidate or anything. In similar delayed listings, the rate of financing failure is as high as 80% to 90%

!”

"So do you think that if defective electric cars are rushed to the market, won't it affect the stock price even more?"

The president of Goldman Sachs smiled and shook his head: "Investors don't care about this. What they want most is to cash out as soon as possible."

"Uh-huh."

In the operation and management of listed companies, there is a problem - is the product more important? Or is the stock price more important?

The most ideal state is, of course, to make a good product, and then the stock price rises accordingly. But in reality, it is somewhat different. Those who pursue good products see the long-term interests of the company. Those who pursue stock prices only see the long-term interests of the company.

Need short-term benefits.

To put it bluntly, in fact, I don’t care about the life and death of the company at all!

But it is these investors who can decide the management of the company. They often do stupid things that kill the goose and take the egg.

Thinking of this, Li Yuan secretly rejoiced: Fortunately, he has the absolute controlling interest in Qinglong Automobile, so he can basically make a decision with one word. Otherwise, if such an accident occurs, he may be kicked out of the company directly.

"I have decided to postpone the listing. If you have any questions, you can help arrange a briefing. Sorry to cause trouble for you. But our opponents are too powerful, and the fuel vehicle giants are eyeing them. So we have to

Try to do your best, only then can you have the determination to challenge them!"

"Li, we at Goldman Sachs respect your decision. But have you considered that this will increase a lot of unnecessary costs?"

"The increased cost can be discussed. Delaying the listing must be implemented!"

Compared with the risks brought by the subprime mortgage crisis, some mere costs are not a problem. Besides, Qinglong Automobile still needs to burn money for a long time, and it does not care about IPO one or two years in advance.

Seeing that Li Yuan had made up his mind, the president of Goldman Sachs smiled bitterly and shook his head: "Okay then! We will serve you well."

"hehe."

"..."

…

Li Yuan relied on his absolute controlling stake to forcibly interrupt the IPO of Qinglong Automobile. As for what Goldman Sachs and those investors thought? They couldn't control that much.

Another transoceanic flight, Li Yuan finally ended his trip to North America and returned to the capital... Ying Xin's home.

"Hey, how many days are you going to stay this time?"

"Haha, stay for a few more days. I promise to stay here until you drive me away!" Like most men, Li Yuan was talking nonsense with his eyes closed. Anyway, his mother and daughter-in-law thought that he was still in the United States.

A smile appeared at the corner of Ying Xin's mouth: "Then I will show you a trick. I just learned it from my mother, and I will make sure you are satisfied with the meal. Hehe."

"What the hell?"

"Zhajiang noodles." Seeing Li Yuan's expression of constipation, Ying Xin suddenly became angry and widened her eyes, "Li Yuan, do you want to eat it?"
To be continued...