20: Chapter 20 We, Self-Innovation

Old Li looked excited, "Mr. Wang, is that for real? This is truly fantastic, it's a timely help indeed!"

"What kind of production lines did we buy, and what is the annual output?"

"Is it the latest one?"

Old Li's mouth was like a machine gun; several questions were thrown directly at Wang Xiuming.

"The latest? You're certainly dreaming!"

Wang Xiuming retorted.

The latest production lines were developed in the USA and have been in production for less than a year.

If one wanted to acquire these, it would cost at least around two billion.

Buying five at once? Even if we sold the entire Hongqi Group, we couldn't afford it.

However, Wang Xiuming also suddenly realized that since he had suddenly bought five production lines, where would the company get so much money!

Although the company has many orders now and the cash flow on the books is at least several billion.

But the money allocated for purchasing production lines is less than one-tenth of that.

With such a small amount of money.

How many production lines could he buy?

"The production capacity of one line is about 300,000 vehicles, which can be directly used to produce the xiaolong s21."

Added together, Hongqi Group's annual production capacity is now a full 1.9 million!

It is more than enough for producing the xiaolong s21.

Considering future production of other models, Wang Xiuming purchased five at once.

"By the way, how are the negotiations going for the battery packs and component materials our company needs?"

Hongqi Group currently has very few suppliers because, due to Hongqi's previous decline, many suppliers were unwilling to cooperate with Hongqi.

The current suppliers cooperating with Hongqi are all small-scale suppliers.

But now that Hongqi's orders have skyrocketed, these suppliers simply cannot meet Hongqi's needs.

Therefore, we need to contact new suppliers.

Old Jia nodded, clearly confident, "There is absolutely no problem with this. Now that Hongqi is not what it used to be, quite a few suppliers are fighting to provide us with component materials."

"There is no need to worry about the battery packs either. What Hongqi lacks the least is connections. Many companies have already agreed to cooperate with us. Mr. Wang, rest assured, we have selected those with the best quality and lowest prices!"

"Not bad."

Wang Xiuming praised him; it seems Old Jia is very attentive to this aspect.

"Old Li, you can now launch Hongqi's recruitment drive and find the automotive talent we need from all over the country."

"If that doesn't work, go poach people from other companies!"

After giving instructions on some company matters to the two of them, Wang Xiuming directly addressed the most critical issue: human resources.

Hongqi now needs fresh blood.

Old Jia and Old Li, one the Design Director and the other the Production Director, had both been called over by Wang Xiuming and used like workhorses.

This was also because Hongqi had been struggling previously.

But now, it's time to upgrade our equipment.

"Mr. Wang, our company is short of talent in all areas; we need people in finance, R&D, and production!"

As soon as Wang Xiuming brought this up, Old Li became energized. He knew that Wang Xiuming truly intended to lead Hongqi to a peak.

"I know." Wang Xiuming nodded, "Go to more well-known companies, offer high salaries to poach people, especially those with rich experience!"

Although Wang Xiuming has a system, as the Chairman of Hongqi Group, he cannot do everything himself.

This isn't a good thing for Hongqi either.

If one day he really stops producing cars, are they going to rely on him to provide the technical specifications for the cars?

Besides, there are also things like auto parts that need corresponding R&D Departments.

Wang Xiuming should focus more on being responsible for Hongqi's future development direction and decision-making; that is what he should be doing.

"I understand. After so many years, our Hongqi is finally going to truly rise!"

Old Li laughed heartily and continued, "But now, our company still has one problem that needs to be solved. It's about the company's future direction!"

Speaking of this, Old Li became serious. For an enterprise, the future direction is a crucial issue.

And now, what Hongqi is facing is whether their company should imitate foreign car models or engage in self-innovation!

If it's imitation, that would be like Zhonglin Automotive, imitating foreign car models and then installing lower-priced, lower-power components.

If it's self-innovation, this requires Hongqi to have sufficient talent reserves.

Is this even a question that needs to be chosen?

Wang Xiuming didn't need to think at all, "Of course it's self-innovation. We, Hongqi, are a national enterprise, the face of Xia Country's car industry. If we imitate foreign companies, wouldn't that become a joke!"

Looking at Hongqi's history, even during its decline, it never thought about the path of imitating foreign car models. Let alone now.

Imitation is something only companies that care about immediate interests can do. Zhonglin Automotive is a vivid example.

"Understood, Mr. Wang, I will arrange it right now! This time, I will definitely give you a surprise!"

Old Li patted his chest in assurance, his eyes full of excitement and enthusiasm. This is what a national enterprise should be; this is the face of Xia Country's car industry!

They, Hongqi, having experienced decades of decline, are finally going to stand in the automotive industry once again and lead it!

Now, how many people are there like Wang Xiuming who have their own ideas and are dedicated to their own company? Only by following such a boss can one have the motivation!

Although Old Li is nearly fifty, he is by no means old. In his heart, he even hopes that before he retires from Hongqi, he can see Hongqi standing among the world's car manufacturers and becoming an industry leader!

After chatting for a few minutes, Wang Xiuming dismissed Old Jia and Old Li.

As for Qian Weiyi, Wang Xiuming still insisted on handing the empty factory building to him and forcibly transferred some employees from Old Jia.

Although Old Jia was very reluctant, what could he say? His boss had given a strict order, so it had to be done.

However, Wang Xiuming still assured Old Jia that automobile manufacturing is Hongqi's main business and will absolutely not change!

"Hmph, if this guy builds a pile of trash, I will definitely make you get out no matter what!" Old Jia muttered, feeling quite dissatisfied.

Currently, the domestic heavy industry is almost divided by Liugong and Xialian. Now that Hongqi wants to produce cranes, how could it possibly compete with these two companies?

In Old Jia's view, aren't cranes all cut from the same mold? Could Qian Weiyi possibly build something different? Is it possible?

Old Jia is now just waiting to kick Qian Weiyi out.

...

The next day.

Many of Hongqi's employees saw dozens, even hundreds of large trucks, carrying cart after cart of equipment and materials into the factory.

"Damn, what is this? Why is there so much?"

"You brat, you've been working here for so long and still can't recognize that these are our car production lines?"