29: Chapter 29 Pattern

Chen Yu had long guessed why Lei Bing from Nuo Rice Technology was looking for him.

"CEO Lei, I can provide the batteries for your company's mobile devices, but for automotive power batteries, as I'm sure you heard today, I plan to enter this industry independently, so..."

Lei Bing sighed and said,

"Chen, you know I've turned grey from building Nuo Rice Auto. Now that it's finally showing some promise, I didn't expect the new energy market landscape to change so drastically! I know that if you monopolize the automotive power battery industry, other manufacturers will basically have no way out. But the market in the entire country, and even the world, is so vast. I think before Huanyu Auto monopolizes the market, we can still have some room for cooperation, right?"

Chen Yu couldn't help but admire Lei Bing. He was indeed a top entrepreneur in the country, with such vision and scope.

It was almost impossible for Chen Yu to monopolize the automotive market in a short time.

The main reason was that Chen Yu's current production capacity couldn't meet the demand. Currently, over 30 million vehicles are produced and sold annually in Yanxia.

With Chen Yu's current factory, even if it worked to its limits, it could only produce one-tenth of that in a year.

To solve the production capacity problem, new factories needed to be built, but Chen Yu now thought of a faster solution.

This was what Lei Bing had just enlightened him on!

Currently, Nuo Rice Auto's super factory in Imperial Capital has world-leading equipment. Why not utilize it?

After Chen Yu figured it out, a smile appeared on his face.

"CEO Lei, you are indeed an elder in the business world. I, Chen, admire you!"

"Hahaha, Chen, you are so young and have achieved so much. In the future, you will definitely surpass us old folks."

"Hahaha!"

Next, Chen Yu and Lei Bing discussed cooperation matters.

Lei Bing even went all in, directly merging Nuo Rice Auto with Huanyu Auto to form a new joint venture brand—Huanyu Nuo Rice Auto.

In the new joint venture, Nuo Rice Auto held 49% of the shares, and Huanyu Auto held 51%.

Both parties would share national sales channels and 4S store resources, which was a huge gain for Huanyu Technology at this moment.

Nuo Rice Auto would provide the complete production line and all raw materials except for the power battery and assisted driving system.

And Huanyu Auto would only provide the power battery and that powerful driving assistance system.

Nuo Rice Auto would then save on the cost of the power battery, which was the most expensive component.

Conversely, for Huanyu Auto, the cost of batteries could be made very, very low.

This meant Chen Yu only needed to provide batteries and the driving system for the new joint venture, and he would hold 51% of the shares, which was practically effortless profit.

And Lei Bing also felt that without the cost pressure of batteries, he too would earn effortlessly, and the new Huanyu Nuo Rice Auto would sell even better.

Thus, both parties reached a very satisfactory cooperation.

The next morning, Nuo Rice Technology's official website announced a major piece of news on its homepage.

Nuo Rice Auto and Huanyu Auto reached a strategic cooperation to establish a new joint venture brand, Huanyu Nuo Rice Auto.

Currently, their most popular model, the Nuo Rice SU7, was renamed Huanyu Nuo Rice SU7 and would be equipped with Huanyu Technology's new Heavy Hydrogen Ion Battery.

The new SU7 comes in three versions!

Youth Edition, with a range of 1500 kilometers, priced at 215,900 yuan.

Intelligent Connected PRO Edition, with a range of 2000 kilometers, priced at 245,900 yuan.

Intelligent Connected Top Edition, with a range of 3000 kilometers, priced at 299,900 yuan.

All the above models are equipped with Huanyu Technology's Dilong Assisted Driving System.

As soon as this news from Nuo Rice Auto was released, major media outlets across the country reported on it.

As expected of a large traffic-generating enterprise, this news instantly topped the trending searches.

This directly caused orders for both Huanyu Auto and Nuo Rice Auto to skyrocket.

Lei Bing saw that the order volume had increased several times compared to when he was working alone, and he knew that he had made the right gamble this time!

Shenzhen City, BYD Auto Headquarters.

Wang Chuanjun was preparing to visit Chen Yu of Huanyu Technology today.

However, in the morning, his secretary urgently informed him of a major news.

Wang Chuanjun looked at his phone, at the news about the cooperation between Nuo Rice Auto and Huanyu Auto, and his nervousness instantly surged!

He immediately asked his secretary to book a flight in advance; he wanted to rush to Jiangcheng as quickly as possible.

Jiangcheng International Airport, a flight that had just arrived from the United States slowly landed.

Several Americans walked out; they were there to discuss cooperation with Chen Yu.

Incidentally, they also intended to investigate the authenticity of these two technologies and find a way to obtain prototype machines to take back to the United States for reverse engineering.

Huanyu Technology Headquarters, Lei Bing did not plan to return to Imperial Capital for these two days.

He followed Chen Yu to visit the factory located in the suburbs, and when he saw the almost unmanned production inside, Lei Bing was amazed.

Chen Yu's factory was even more advanced than his super factory in Imperial Capital.

Of course, Chen Yu's production lines were entirely operated by AI robotic arms.

Each robotic arm was equivalent to a robot, even though they didn't look like humans.

Now with tens of billions in cash, Chen Yu directly had Su Rou contact major raw material suppliers across the country.

He provided them with molds for various parts, to be made into finished products and delivered, which would further save time and production capacity.

Chen Yu only needed to control the most core battery system and the intelligent driving system.

Just as Chen Yu was showing Lei Bing around the factory, he received a notification from Su Rou.

She said that Wang Chuanjun of BYD Auto, as well as the owners of other mainstream new energy vehicle companies in the country, had all arrived at Huanyu Technology Headquarters.

When Wang Chuanjun arrived at Huanyu Technology, he thought he was the second person, after Lei Bing, to seek cooperation with Chen Yu.

To his surprise, after Wang Chuanjun arrived, he saw many old acquaintances, such as Wei Jianbing of Changcheng Auto and Liu Xiang of Mengxiang Auto.

He even saw the general managers of major car companies like Volkswagen Germany and Toyota Sakura Country in the Yanxia region.

Wang Chuanjun secretly admired Lei Bing in his heart.

Why could others succeed in making cars? Lei Bing was more diligent than him, having already reached a cooperation with Huanyu Technology a day earlier.

At the suburban factory, Chen Yu, having received the notification, said helplessly:

"CEO Lei, are all your counterparts here to seek cooperation with me?"

Lei Bing still showed his characteristic gentle smile.

"Chen, how do you plan to cooperate with them?"

Chen Yu thought for a moment. Since he had chosen to cooperate with Nuo Rice Auto, he didn't want to cooperate with other car companies anymore.

Let them fend for themselves!

"CEO Lei, since we have cooperated, they are not necessary!"

Lei Bing smiled and offered his insights.

"Chen, we are now a strategic alliance, mutually beneficial. But currently, the domestic economy, and the automobile manufacturing industry, still account for a large proportion of the economy. We cannot disrupt the market. Even if we will definitely monopolize this industry in the future, now is not the best time!"

Chen Yu looked at CEO Lei with a strange expression, and after a moment of thought, he immediately understood Lei Bing's meaning.

As expected of an entrepreneur, not just an ordinary businessman.

Entrepreneurs need to consider not only making money but also the entire society.

"Hehe, CEO Lei, I understand. You are indeed a true entrepreneur. Then let's go to Huanyu Headquarters together!"

"No need, Chen. You are a genius; you will handle it well!"

"Okay!"

Chen Yu sent people to take Lei Bing and others to Jiangcheng International Airport; they were also preparing to return to Imperial Capital.

Chen Yu, meanwhile, returned to the company.

Wang Chuanjun and other car industry tycoons, although they knew Chen Yu was very young, were all astonished by his age when they saw him in person.

In the large reception room, Chen Yu and Su Rou received the car companies that came to negotiate.

"Chairman Chen, I am Wang Chuanjun, the founder of BYD Auto!"