Becoming Rich with Daily Scavenging APP-Chapter 454: Lei Jun Welcomes at the Airport

Chapter 454: Chapter 454: Lei Jun Welcomes at the Airport

Uzbekistan’s sincerity is quite sufficient.

Moreover, although the market in Uzbekistan is not large, the required investment is also small.

Chen Yiyang ultimately signed a letter of intent with Uzbek officials.

He plans to gradually shift part of his production capacity from the Tula Factory to Uzbekistan.

Eventually, a car factory with about three thousand people will be built in Uzbekistan.

However, this car factory is not solely owned by Chen Yiyang.

In a faraway place like Uzbekistan, it’s absolutely impossible to go it alone.

Therefore, Chen Yiyang introduced official Uzbek capital as a partner.

After the factory is completed, he primarily profits from technical licensing fees, some export fees for components, and other income.

This provides stable and secured revenue.

Even if local powers desire this factory one day, without key components and technical authorization, they can’t operate the factory independently.

"By the way," the Uzbek agent said with a smile after signing the contract with Chen Yiyang.

"I heard that your company’s new car topped the sales chart in Japan?"

"Only the top of the new energy vehicle chart," Chen Yiyang hurriedly corrected him.

The influence of developed countries in the online world is indeed significant.

Chen Yiyang’s new car sells quite well in Brazil and Thailand.

Yet it hasn’t stirred up any waves internationally.

However, he only sold about a thousand cars in Japan.

And the news spread everywhere immediately.

"That’s the case," said the Uzbek official. "Not long ago, our Uzbek national football team historically entered the World Cup.

Our President intends to give these players some rewards. If possible, we’d like to use cars from your automotive brand as prizes."

Having the Uzbek President award cars of one’s own brand is certainly a good thing.

Only a dozen cars, worth not very much.

In comparison, the advertising effect brought by this matter is far more valuable than these cars.

This is considered a benefit Uzbekistan offers for building a factory here.

But wait.

Uzbekistan is an Asian country, right?

This means their team and the national team belong to the same zone.

And Chen Yiyang clearly remembers that the national team didn’t qualify this year.

How could Uzbekistan, an inland country with a generally low average income, make it into the World Cup?!

"It’s fortunate that Asia increased the qualifying quota; otherwise, we really wouldn’t have been able to enter the World Cup. But anyway, this is an absolute historic success for Uzbekistan."

"Impressive, impressive," said Chen Yiyang, clapping to congratulate.

Then he excused himself, saying he wished to return to the hotel to rest, and fled from the meeting room in embarrassment. He was afraid the official would continue discussing football with him.

It was Chen Yiyang’s first time fleeing so embarrassingly.

He wiped the sweat off his forehead and then prepared for his return to China.

The armor he bought, he previously checked with local Uzbek officials, and they were willing to assist with the procedures, so this armor could be transported back to China.

The remaining matters didn’t demand much of Chen Yiyang’s attention.

He called and arranged for Yiyang Automobile to establish a special team to oversee the investment in Uzbekistan.

He then visited Tula City in Russia before returning home, taking a look around at the factory investments he made in Tula City.

This factory has now resumed production and begun producing cars again.

Of course, most of the production capacity is used for making conventional SUVs.

This model currently sells well in Russia.

Mainly because it uses technology left by Mercedes-Benz; considering the current situation, there’s no need to pay technical authorization fees to Mercedes-Benz, so it’s quite cost-effective.

Of course, should Mercedes-Benz notice this someday and investigate, more discussions may be necessary.

Taking a flight back from Tula City, Chen Yiyang did not return directly to Lin’an but boarded a flight to the Imperial Capital.

"Lei, why did you personally come to pick me up?" Chen Yiyang was surprised upon seeing Lei Jun among the welcoming party after landing.

The reason he first came to the Imperial Capital after returning home was because Lei Jun invited him to talk.

Chen Yiyang initially thought that Lei Jun wanted to discuss the challenges faced by other large car manufacturers, and accepted the invitation. 𝗳𝗿𝐞𝕖𝘄𝗲𝕓𝗻𝚘𝚟𝕖𝐥.𝚌𝕠𝕞

Lei Jun’s Rice Auto gained significant buzz in the domestic online scene after the press conference.

As a mid-range model, Rice Auto sold tens of thousands of cars within months.

Although it doesn’t seem like a high sales figure, it represents Rice establishing its foothold in the mid-range car market; the outlook is very bright.

However, as other major automotive companies began using bill agreements to force small car companies out of the market.

Challenges facing Rice Auto are inevitable.

So upon hearing Lei Jun’s invitation to talk.

Chen Yiyang agreed without hesitation.

If Yiyang Automobile can ally with Rice Auto and maintain a consistent stance on certain matters, external pressures faced will be greatly reduced.

But Chen Yiyang never expected Lei Jun to personally come to receive him.

"I happened to be free these two days, so I just came by," Lei Jun amicably invited Chen Yiyang into the car.

Seeing Lei Jun’s demeanor, Chen Yiyang realized that Lei Jun sought him not only to discuss automotive issues but must have other requests as well.

They arrived at a private restaurant with Lei Jun.

Chen Yiyang and Lei Jun sat down.

The two first chatted about various recent news in the domestic automobile industry.

It’s been a while since major domestic automobile manufacturers implemented the 60-day account period.

But in practice, things didn’t fully meet expectations.

Based on a survey about cash flow among major domestic companies.

If the 60-day account period were strictly enforced, at most two to three domestic automobile manufacturers could maintain healthy cash flow.

Any unexpected incident at other car manufacturers would immediately threaten their supply chains.

So, even with a 60-day account period introduced, most car manufacturers still choose to pay by commercial draft, using the time for draft realization to delay payment by one or two months further.

So, although nominally a 60-day account period, in reality, the period generally ranges between ninety and a hundred and twenty days.

Of course, it shortened the period slightly.

But even this slight shortening is enough to bankrupt many small automotive manufacturers.

This highlights the importance of cash flow in modern business warfare.

Many companies, even those developing well, will sell some shares when healthy to secure significant cash reserves.

This is to avoid being eliminated by competitors through similar tactics.