Chapter 1169: 20 billion US dollars!

No one expected that on the first day of this year's Geneva International Motor Show, the previously unknown Tiangong Automobile Group would attract everyone's attention like a dark horse.

The explosive popularity of Tiangong Automobile Group's several new cars naturally attracted the attention of all the car companies exhibiting in Geneva. Each company sent someone to observe closely and transmit various parameters back to their respective companies, which were responsible for judging and analysing them.

Tiangong Automobile was unsure whether the Shenyu and Rongyao generations would sell well, but from the popularity of the Fengshen generation and the Tiangong X-series urban SUV among visitors and dealers from all over the world, it was clear that these four cars were definitely going to sell well.

This was also reflected in the results achieved by the Tiangong Motors Group at the entire Geneva International Motor Show.

After the motor show closed on 27 January, Chen Caijun boarded the plane back to Hong Kong with several suitcases full of cooperation agreements and exhibition cars.

As soon as he returned to Hong Kong, Chen Caijun went straight to Xia Yu's office to report the situation to Xia Yu.

'...'

'Good!'

'Well done, you didn't let me down!'

After listening to Chen Caijun's description, Xia Yu was very happy and praised him loudly.

Chen Caijun was overjoyed to receive Xia Yu's praise, but he still said with great modesty, 'It is all thanks to your leadership, Chairman, that these six cars were manufactured under your guidance.'

'Haha...'

Xia Yu couldn't help but smile, shaking his head slightly and saying, 'No need to be humble, I know exactly how you performed.'

After saying this, without waiting for Chen Caijun to say anything else, Xia Yu once again bowed his head and looked at the concise and clear briefing material in his hands, which Chen Caijun had urgently put together.

This briefing material, which was only two thin sheets of paper, was of great value and symbolised the fierce rise of the Tiangong Automobile Group.

During the short period of six days of the Geneva International Motor Show, Chen Caijun was busy selecting partners and signing cooperation agreements.

There is no shortage of capable and enterprising businessmen in the world, just like the aforementioned Paul Carr, who was a typical representative.

After seeing the potential of Tiangong Auto Group's cars to become a global hit, dealers from all over the world scrambled to become Tiangong Auto Group's dealership agents.

Chen Caijun was not carried away, and still carefully selected partners and strictly planned the agency regions.

Even so, in just five days, he had already found partners in most countries around the world with a car sales market.

Of course, in order to promote and sell his cars as much as possible, no one was given exclusive rights to a large region, except for Paul Carr at the beginning.

However, in order to encourage these dealers to invest capital in publicity, Chen Caijun also stipulated that there should be a maximum of three agents in each region.

In total, 169 agency sales cooperation agreements were signed in five days.

The dealers also knew that Tiangong Auto Group's production capacity would be tight in the early days, so in order to make a profit as soon as possible, they all placed orders in advance.

The total number of orders that Chen Caijun brought back was as high as 113,630, and the total order amount was more than 2.045 billion US dollars!

If all these 100,000 vehicles were produced and delivered, it would earn a net profit of more than 200 million US dollars!

This net profit alone is equivalent to the scale of the 1.2 billion Hong Kong dollars that Xia Yuzhe injected into Tiangong Automobile Group at the beginning of the month!

Although the distributors have not yet transferred some of the deposits into Tiangong Automobile Group's account because the agreement has just been signed, Chen Caijun is certain that at least 800 million US dollars will be transferred within a month.

With this money, Tiangong Automobile Group can fully unleash its hands to manufacture cars, and open branches and build after-sales systems around the world.

'Choi-chun, returning to Hong Kong is just the beginning. You will be under a lot of pressure this year. You must not let up, and you must pay close attention to production. Product quality is the foundation of everything, especially for a product like a car.'

'Although the order has reached 110,000 vehicles, the market potential has not yet been fully realised.'

'Once our first batch of cars hits the market and consumers see the real thing, the influence of our cars will expand rapidly, and orders will come flooding in.'

'Major car companies around the world must have already set up research and development departments to study our urban SUVs. With the strength of those giants, the research and development will be fast, and we won't have much time to seize the market.'

'Therefore, under the premise of ensuring product quality, production speed is the key. Marketing must also be done well. You must lead the team well! No mistakes!'

'And be on your guard. Once there is a problem, you must judge it immediately. If you are not sure, you can report it to me directly.'

'Do you understand?'

Xia Yu said sternly to Chen Caijun after putting down the briefing materials.

Tiangong Automobile Group was already on the verge of taking off, which was undoubtedly very pleasing, but it was just momentum.

Moreover, an order of more than 110,000 vehicles might seem like a lot, but compared to the world's top ten automakers, the gap was still very large.

Before Tiangong Automobile Group had truly established itself and grown, it was still at risk everywhere.

Once those car companies have lost a lot of their profits to Tiangong Automobile Group, they will definitely not just stand there and watch, and it is hard to guarantee that they will not resort to any means.

Tiangong Automobile Group is not only one of the pillars of his consortium, but also one of the pillars driving the development of the economy of Xiangjiang. Xia Yu cannot afford not to be cautious.

Xia Yu's earnest words were like a bucket of cold water, extinguishing Chen Caijun's inner feelings of joy and pride.

He returned to his senses and realised the severity of the situation ahead.

He nodded firmly and said, 'Chairman, please rest assured. I will immediately gather all senior management to convey your instructions upon my return, and prepare various production plans and risk prevention and control plans. I will definitely do my best to ensure the company's rapid development in a stable manner.'

Xia Yu gave a smile of encouragement and said, 'Well, I can see that you need the group's resources. You can apply for as much as you need, and I will approve all of it as long as it is useful.'

The power behind this promise was enormous, and Chen Caijun naturally understood.

His heart was full of excitement, and his face flushed with it, so he responded loudly, 'Chairman, I will definitely not let you down!'

'Mm!'

'If there's nothing else, you can go back to the company,'

Xia Yu said with a smile.

'Chairman, I don't have anything else, so I won't disturb you anymore,' Chen Caijun suddenly stood up, bowed slightly to Xia Yu, and then exited the office, striding away with his head held high.

After Chen Caijun left, Xia Yu looked at the phone in his hand, and a smile flashed in his eyes as he thought about the many calls he had received today.

As the largest local automobile company in Xiangjiang, Tiangong Automobile Group's appearance at the Geneva International Motor Show had naturally caused a huge stir in Xiangjiang and even in Southeast Asia. The people of Xiangjiang were very proud of this and were quite keen to learn about and discuss Tiangong Automobile Group.

Locally, there were also strong calls for Tiangong Automobile Group to put its products on sale as soon as possible.

It is difficult to keep a low profile in this kind of public opinion.

Of course, consumers and the general public are waiting for the car to be launched.

However, the business tycoons see the small gold mines behind the big gold mine that is Tiangong Automobile Group.

Therefore, in the past few days, Xia Yu has received an unknown number of congratulatory calls. Apart from the initial congratulations, these calls invariably tried to find out Xia Yu's attitude.

However, Xia Yu did not make a statement, and he temporarily declined each invitation on the grounds that there was a lot to do at the end of the year.

But now that Chen Caijun is back, some things are bound to be resolved.

It has been more than a year and a half since the Hong Kong government issued the 'Strategic Plan for the Full Development of the Tin Shui Wai New Town and Yuen Long Science and Technology Industrial Park' and the 'Work Opinions on Promoting the Development of the "One Core, Six Pillars" Strategic Leading Industries' in May 1981.

The financial services industry, the core, has already had its model built.

But the six pillars are still far from being established!

Now, most of the 30-square-kilometre Yuen Long Science and Technology Industrial Park has been built, and it's about time...