Chapter 238 Technical Solution, Bosch's Shock
Chapter 238 Technical Solution, Bosch's Shock
On the other end of the phone, Liu Fang did a quick calculation: 5000 units a month, with a 8% discount on performance, and full prepayment required.
This condition doesn't seem like a good deal at all.
Even though if they don't sign the agreement and Bosch postpones the deal indefinitely, Transsion Motors really won't be able to go public, there's no need to rush.
After Transsion offered to acquire him, Chen Hao hung up the phone.
How did wanting to sell goods become selling oneself?
……
Meanwhile, Liu Fang went to the approval office and explained the situation from beginning to end.
Shen Fei listened and considered it for a few seconds.
"Did Huachuang's team come from Bosch?"
As for Bosch's breach of contract, legal action will be taken.
This is the first person to dare to mess with him... He wouldn't be called Old Dog Shen if he didn't make them feel the pinch.
Hopefully, the orders placed with those companies will allow them to recover this loss.
"Yes. The core team are all from Bosch, and they have all been working there for more than 8 years."
What are they lacking?
"Money, orders, and mass production experience."
"You and Huang Tianya go to Suzhou and acquire them."
Liu Fang nodded, then said hesitantly, "I mentioned it, but they hung up the phone immediately."
"That makes sense. People thought a sugar daddy had arrived, but it turns out... even selling yourself takes time."
Shen Fei picked up a stack of checks, presented a condition they couldn't refuse, and handed it to Liu Fang.
"Instead of buying their goods, buy their people."
Although Huachuang's technology is a bit lacking, its team has a solid foundation.
After the acquisition, our chassis team will be integrated with theirs. Any problems we raise will be resolved quickly, and if necessary, we'll just hand them over to the reinforcement center. By then, the gap will be closed.
Liu Fang nodded. 80% performance was never the problem; the problem now was whether or not they could acquire it.
But when she saw the check, a smile appeared on her lips.
Moreover, she believed that once the acquisition was completed, the boss would definitely be able to come up with even better technology.
…………
That afternoon, Huang Tianya and Liu Fang flew to Suzhou together and talked with Qiu Hao for the entire afternoon.
The acquisition plan is simple: Transsion will invest 1.2 million RMB to acquire 100% of Huachuang's equity.
Chen Hao and his core team remained in their positions, without company stock options, but they received project bonuses.
Chen Hao considered it for a long time, even going out to talk to his team members several times before finally signing his name on the contract.
"Mr. Huang, there's something I don't understand." Chen Hao put down his pen. "You bought Huachuang for ESP. But the launch event is in a month, and we don't have time to fine-tune our product."
What are you planning to do?
Huang Tianya smiled and said, "The boss has a way."
At the same time, Shen Fei opened the exchange shop that he hadn't used in a long time.
He still had over 4 yuan in the balance, which were rewards he received for expanding into markets in Africa, China, and other regions, but he hadn't used them.
He opened the automotive electronics category and found the ESP system.
[A product comparable to Bosch 12.0, including complete software, standard data, and production documentation. Required points: 3000.]
3000 points, that's nothing.
He thought it was something very valuable, but the technology was only comparable to Bosch's 12th generation products. After some improvement, it directly rivaled their 14th generation.
Those guys who are good at internal strife thought that cutting off ESP's supply would put a balance on Transsion, but in the end, Bosch was the only one who suffered.
The next morning, Liu Fang, who was still integrating the data, received an email.
The sender was Shen Fei, and the attachment was an encrypted compressed file.
After watching the video with Huang Tianya to relieve stress, she indeed showed a familiar smile.
If I remember correctly, this parameter level far surpasses Bosch 9.0, and now they'll have something to regret.
She didn't ask for the data, but instead looked at Huang Tianya next to her.
"Mr. Huang, look at the companies you've acquired, quite a few! You should have told me sooner!"
Huang Tianya smiled.
That's right, he acquired both the previous lithography machine and the current ESP. Anyway, he's already taken on so many, one more won't make a difference.
…………
Two weeks later, the first generation of Transsion Technology's ESP system rolled off the production line.
The test data is excellent, and its performance completely surpasses that of the Bosch ESP9.0.
Chen Hao stared blankly at the test report.
"This code...this algorithm...this is something we simply couldn't write."
He was utterly bewildered. At first, he thought Huaqing had used some outdated technology to frame them, and he was somewhat reluctant. But after the product was produced...
"Never mind who wrote it." Huang Tianya stood beside him, patted him on the shoulder, and said, "As long as it works."
What surprised Chen Hao even more was that, after their solution was relayed through the system, the performance gap instantly shrank from 20% to only 4%...
The original generational gap has directly turned into a production gap within the same generation. Who can we complain to? We've found a good new parent company; their technology is truly amazing.
It's more likely that our company has already set a target for him: to seize 40% of the domestic market share within three months using this outdated technology, as long as he doesn't lose money.
Chen Hao rubbed his hands together, ready to sell!
Although he is a technician, he can still become the top salesperson when it comes to price differences.
Meanwhile, at Bosch's China headquarters.
Muller received a call from the sales director.
After all, although they agreed to the conditions of those companies, Transsion was still a potential stock, and Bosch still wanted their money.
So he agreed to those companies' conditions, but the specific terms were that the card would only be stuck for one month.
After all, the permanent suspension of supply to those 8 companies is not enough.
But unexpectedly, just over 20 days later, he received bad news, and even the coffee cup in his hand stopped in mid-air.
"Mr. Muller, there's movement on the other end of the communication channel."
They didn't contact mainland China or Denso; they developed ESP themselves.
"What? You did this? How is that possible?"
Muller was starting to have an existential crisis. After all, ESP is not as simple as just writing three letters.
It consists of sensors, including wheel speed sensors, steering wheel angle sensors, lateral angular velocity sensors, lateral acceleration sensors, and brake pressure sensors.
That's just the hardware; then there are control units and actuators.
Simply put, ESP equals ABS plus BD plus TCS plus active yaw correction.
It can prevent vehicles from skidding, fishtailing, and understeer; in critical moments, it can be a lifesaver.
China has very strict review standards in this regard. The fact that Transsion's equipment can be launched on the market means that it has passed the assessment of the relevant Chinese departments.
But how is that possible in such a short time?
"It's absolutely true, they found a small company called Huachuang."
This is a company founded by some members of our team who went out to start their own business. Their technology is much worse than ours, but they managed to get it working within a month.
According to our intelligence, their ESP performance is not much different from our 9.0 level.
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