Li Yinan, the former vice president of Huawei, chose to start his business here. This time he chose the new energy automobile industry. Before that, Huawei established the BU division of smart car solutions. As a result, the two parties who have been entangled for many years will compete in the same industry.
Li Yinan’s technical research and development capabilities have been proven in Huawei, and he is also known for his technological forward-looking. Among Huawei’s many technical choices, Li Yinan has made the right choice, which shows that he is known as a technical genius. .
Perhaps the brilliance of technical genius concealed Li Yinan's ability in business management. In fact, Li Yinan later proved that he is also a talent with strong management capabilities. In 2000, Li Yinan left Huawei and founded Harbor Network. In the first three years, revenue kept growing at a double rate. By 2003, revenue exceeded 1 billion yuan. The rapid development of Harbor Network made Huawei feel threatened. Later, Harbor Network was acquired by Huawei.
In 2014, Li Yinan founded Maverick Electric. In 2018, Maverick Electric was launched in the United States. In the second quarter of this year, Maverick Electric’s revenue has reached 646 million yuan. In the electric vehicle industry, Maverick Electric has become a banner. The achievements of these two enterprises are sufficient to prove that Li Yinan does have a unique place in business operations.
Huawei founder Ren Zhengfei had a close relationship with Li Yinan in the early days. After joining Huawei, Li Yinan became Huawei’s vice president at a rocket speed under the support of Ren Zhengfei. There was even a saying that Li Yinan was called Ren Zhengfei’s godson. A man will become Ren Zhengfei's successor.
However, Li Yinan later said that he clearly knew that he could not become Ren Zhengfei’s successor. After Huawei acquired the Harbour Network, Li Yinan also returned to Huawei, and the office that Huawei prepared for Li Yinan was in a glass room without curtains. , Huawei employees who come and go can clearly see Li Yinan's every move. You can imagine how Li Yinan feels.
Nowadays, Li Yinan has started his own business again and entered the new energy automobile industry with Huawei. Although Huawei claims that it only manufactures chips and systems, judging from its production of TV products, it will definitely eventually manufacture new energy vehicles on its own. The formation of a competitive relationship is likely to be like the competition between Harbour Networks and Huawei in the communications equipment market. The two sides will form a fierce competitive relationship.
In terms of capital, Huawei undoubtedly has a strong advantage. Its annual revenue exceeds 800 billion yuan, and Li Yinan can be described as starting from scratch. Baiming Technology believes that Li Yinan's entry into the new energy vehicle market will inevitably make full use of the capital market and use the power of capital to rapidly develop and expand the new energy vehicle business.
Li Yinan has been in the capital industry for several years and has accumulated rich personal connections. When he founded Mavericks Electric, he also won the support of many investors. Later, he successfully promoted the listing of Mavericks. It can be said that he is already familiar with capital. Operation. Baiming Technology believes that Li Yinan's development path into the new energy automobile industry will be highly similar to that of Xiaomi, and the use of capital power will solve the funding problem.
When Xiaomi entered the mobile phone industry that year, it was also very weak, but in the first few years, it raised funds every time before releasing a new mobile phone, making full use of the power of the capital market to defeat the old domestic manufacturers including Huawei in just over two years. The mobile phone top four China Kulian, and in the new energy automobile market, the company founded by Li Yinan and Huawei are almost at the same starting line. Li Yinan's situation in the new energy automobile industry is much better than when Xiaomi entered the mobile phone industry.
After many setbacks, Li Yinan has rich experience in entrepreneurship, coupled with his technology and corporate management talents, perhaps this time he will rise rapidly in the new energy vehicle market, and will compare with Huawei in the new energy vehicle market. Compete. The entanglement between Li Yinan and Huawei may become another story of the prince's revenge.
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