Originally, they thought a thirty percent increase in valuation before listing would be about right, but judging by the current trend... it might double!

Some people were ecstatic because they bet right, while others were quite uncomfortable...

Xu's Automobile.

The company had just been officially established, and was bustling with activity, but then the reporters with their cameras and questions quickly moved next door to interview Ai Dou New Energy...

Even Wei Xiaoli, who was adopted halfway, was in hot demand. As the "biological son" of Baiyeji, Ai Dou New Energy naturally received top-level attention.

Now, that mysterious test car has already caused a sensation in the tech circle, and the firsthand information was undoubtedly a surefire way to garner attention.

Even reporters from outside the province were moved by the news, let alone the local media.

Just one test video completely overshadowed the hard-won buzz around Xu Group's foray into car manufacturing...

Unlike the ultra-tier cities of Beijing, Shanghai, and Guangzhou, which have numerous leading car manufacturers, Su Province lacks its own strong brand in the automobile industry. Instead, it has a mature supporting industry for mechanical and electronic components, making money mostly from strenuous OEM work.

Therefore, when Hu Yonghua brought over a car production line from Ai Dou New Energy, it was a huge coup.

Only by establishing its own local brand can it capture the lucrative terminal profits, allowing tax revenue and GDP to rise significantly.

So, on the day Xu's Automobile was established, even Hong Tianfang personally came to cut the ribbon and offer congratulations, to boost its prestige.

Privately, a lot of incentives and support were also granted, indicating the high hopes placed on Xu Group's move, already seeing this car company as part of their projected success.

Take a look, if Hu Yonghua can do it, so can I, Hong Tianfang, with ease!

However, just after Xu Jingsong invested a few billion and was ready to unleash grand plans to redeem past failures, he was hit hard unexpectedly.

"Crash~"

Xu Jingsong's face was ashen as he swept a pile of design drawings off the table, scattering them all over the floor.

On them were sleek and modern car renderings...

"Not enough! This outcome is far from enough; send it back and redo it!"

Because it acquired an existing car company, even though Xu's Automobile was just established, it already had its own car manufacturing plans, with a not insignificant degree of completion.

Xu Jingsong had seen the new car designs, which basically followed a path similar to Wei Xiaoli.

It focused on new energy, a sense of fashion, and intelligence.

Initially, with these elements, he believed their new cars were already ahead of many traditional car companies. Even if they wouldn't sell massively, they would at least open up the market, and he was full of confidence at the time.

However, when Baiyeji made a move, it was a game-changer!

Even if he wasn't deeply familiar with the car industry, he understood that once such technology lands, it was akin to overturning the table completely.

No matter if you're called new energy or a new force, at this moment, you'd be categorically lumped into the outdated "traditional car manufacturer" group...

This is exactly what Tesla exemplified in just a few short years, establishing a formidable electric car empire!

What? Thinking of fighting a price war?

That only works when there's no significant technological gap.

Like, who would still buy a plasma TV when there's LCD HD?

No matter how low you set your price, you'll eventually suffer the fate of being eliminated by the market due to technological backwardness...

"Mr. Xu, please calm down. I'll have the design department continue optimizing the plan."

While gathering the scattered drawings, Cui Jizhong carefully soothed the angry Xu Jingsong.

He knew that Xu Jingsong didn't actually believe that redesigning the plan would be effective, but was venting in such a way to relieve the immense pressure...

Baiyeji's powerful move has undoubtedly completely disrupted Xu Group's car manufacturing plans.

Building cars was not merely an impulsive act to counter Gao Yuan or target Ai Dou New Energy, but it was a critical part of Xu Group's transformation strategy.

The real estate industry has already reached its peak.

While ordinary people still scramble for a school district house, seemingly glamorous real estate developers had already instinctively sensed the cold winds blowing...

Some cunning ones had already started quietly transferring assets.

Others, unwilling to concede, were desperately trying to transform in a last-ditch attempt.

Properties, shopping malls, eldercare, long-term rental apartments... even building pig farms, became new investment directions for real estate tycoons.

And Xu Group placed their bets on the new energy track this time!

Moreover, with Gao Sheng's strong support, the biggest funding problem was solved, and the timeline was advanced significantly from the original plan.

If there hadn't been such strategic planning in place, the Xu Group's board wouldn't have allowed Xu Jingsong to act recklessly.

On the necessity of transformation, even Xu Bolin, who generally opposed Xu Jingsong, voted in favor.

"Mr. Xu, actually things aren't settled yet. It's just a video, after all. The other party may not really have such technical capabilities..." Cui Jizhong cautiously said.

However, Xu Jingsong was not comforted at all.

As business elites with keen insight, he could roughly gauge the authenticity of Baiyeji's autonomous driving system.

Otherwise, those capitalists, like hyenas, wouldn't have reacted so fiercely at just a whiff of blood.

Now he somewhat understood why even Hua Hang Science and Technology sought cooperation with Baiyeji.

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