Chapter 1962: Chapter 1962: Advice from an expert

Guo huining and Dou aiyan left the private hospital in a good mood. They got into their own cars and went home.

Huo Shaoheng and Lu Yuan drove back to song Jinnings apartment at the Third Ring Road.

They had been called out for dinner. By the time they got home, the dining table had been cleaned.

Song Jinning sat alone in the living room, looking at the ingredients.

She raised her head and saw Lu Yuan and Huo Shaoheng enter. Song Jinning put down the ingredients in her hands, rubbed her tired eyes, and said, Youre back? Hows grandfather Huo? is he really awake?

Lu Yuan nodded calmly and said, Hes awake, but this is the last time Im going to see him.

Song Jinning:

She turned to look at Huo Shaoheng. Shaoheng, is your grandfather well?

Huo Shaoheng looked around the house but did not see Gu Nianzhi or Lu Jin. He walked towards Lu Jins room and said, Hes fine. Let me call him third uncle as soon as he wakes up.

Song Jinning:

She shouldnt have asked that!

Huo Shaoheng left Lu Yuan and song jinning in the living room and went to look for Lu Jin and Gu Nianzhi by himself.

They were indeed in Lu Jins room.

They were on their computers and seemed to be running a program.

Huo Shaoheng knocked on the door.

Gu Nianzhi turned around to see him and said happily, Huo Shao, look what my dad found!

Huo Shaoheng put his hands in his trouser pockets and strolled in slowly. Whats Wrong?

Didnt my dad just pick up an electric car from the Hong Groups 4s store?Gu Nianzhi pointed at the computer screen. After he came back, my dad disa.s.sembled the car and removed the engine battery.

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Huo Shaoheng:

It was only then that he saw what was on Lu Jins computer screen.

So it was the electric car that he had dismembered!

Lu Jin said excitedly, I knew something was wrong! The patent I bought was so bad, how could it have such good battery performance! This is not scientific at all!

Huo Shaohengs eyes flashed as he looked at the screen filled with data.

Lu Jin pointed at the data and explained to him, This is the battery performance data that I tested after I removed the battery. Did you see it? This data is definitely not something that can be tested with the battery that she signed the patent for!

Huo Shaoheng narrowed his eyes, What do you mean? Can you be more specific?

Dont you understand? ! This means that their batteries are fake!Lu Jin was almost dancing with joy, he pointed at the battery that he had removed by the desk and said, This is it! These are not the patented batteries that they claimed to have!

To be more precise, these batteries were not low-performance batteries that could be produced with cheap patents.

Gu Nianzhi walked over and bent down to look at the batteries that Lu Jin had removed. She asked curiously, How can this be called fake? This is obviously a good replacement!

To put it simply, they were selling pure gold jewelry at the price of gold-plated jewelry.

are they crazy?

Huo Shaoheng understood and thought deeply. You mean that they use good, high-price batteries and store them in their electric cars, claiming that they are low-price batteries. This gives people the feeling that they are cheap and of good quality?

Yes, yes, yes! Thats exactly what Im saying!Lu Jin walked over, he scratched the battery that had been removed for a while and pulled it aside to show Huo Shaoheng and Gu Nianzhi, Look here. There used to be an old model, but its been polished and engraved with a new model.

Gu Nianzhi covered her mouth in surprise and said, They bought high-performance batteries from other manufacturers! Then they polished the model of someone elses battery and engraved it with their own model and put it in the electric car produced by their own factory!

Lu Jin nodded heavily. Thats right! My Girl is so SMART!

But why would they do that? Are they stupid?Gu Nianzhi couldnt figure it out again, They buy other peoples high-price batteries and sell them at the low-price batteries price. That way, every electric car they sell is a pure loss!

Its said that people do business with their heads cut off, but no one does business with a loss. Why would they take the initiative to do business with a loss?

Lu Yuan also walked in at this time. Hearing Gu Nianzhis question, Lu Yuan said gently, Its very simple. The reason the merchants do this is partly to occupy the market.

They would rather dump at a low price and fight a price war to squeeze out other similar merchants to achieve a monopoly, and then raise the price in the future.

Gu nianzhi immediately said, Its impossible for the Hong Group to dump at a low price, because the prerequisite for dumping at a low price to occupy the market is for the merchants to have enough capital and strength.

The Hong Groups electric cars have just started, and the Hong Group itself isnt very rich. Otherwise, they wouldnt be looking for an overseas listing to raise funds.

So where would they get the money to compete with others on Price?

Lu Yuan smiled and nodded. Yes, the Hong Group cant be the first reason, so it can only be the second reason.

What reason?Gu Nianzhi and Huo Shaoheng asked in unison.

To make money by going public. Make the numbers look good.Lu Yuan had been in the business world for 18 years, and had built his own large listed company from scratch. He was quite familiar with these twists and turns.

But theyll lose money. Will the results look good?Gu Nianzhi still didnt understand. Could they be cooking the books?

Lu Yuan laughed. Its possible. But most importantly, investors dont usually look at the earnings of a newly listed IPO Company.

Then what are you looking at?Gu Nianzhi looked at Lu Yuan with almost adoration.

Lu Jin felt a little uncomfortable and quickly said, Of course its based on the earnings forecast. Its also based on whether your company has investment potential.

The profit forecast depends on your market share and the speed of your revenue growth.

For the electric car industry, the profit forecast is the number of electric cars you sell to consumers and whether they have the potential to grow rapidly. As for whether the cars you sell will make a loss, that is not considered for the time being.

Gu Nianzhi understood immediately and immediately said, So thats how it is!

Thats why the Hong Group uses good batteries to install in their electric cars. They advertise that they have low-cost batteries, and the selling price is very low.

And the average consumer likes products that are cheap and good quality. The Hong Groups electric cars are one-third cheaper than other electric cars, and some are even half the price of others, but their battery life is about the same. Under these conditions, there will definitely be more and more consumers willing to buy the Hong Groups electric cars!

Yes.Lu Yuan nodded approvingly. This is the Hong Groups earnings forecast for electric cars.

As you can imagine, their data will definitely be very good, and there will be a gorgeous growth curve.

These are the data that overseas investors like to see the most, so the Hong Groups overseas listing this time was indeed guided by an expert.

Hearing this, the corners of Gu Nianzhis mouth twitched. What experts guidance? Isnt this data falsification?

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This was the first update of the day: chapter 1962, Experts guidance..

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