Chapter 194 Tit for Tat
At noon on the 25th, Tianxing updated its net worth in the first issue.
This month’s net worth still did not break 3, and even the month’s increase hit a new low, not even 10%.
However, many investors are very patient, because Lu Liang’s remarks on Twitter indicate that he intends to take action on the Japanese yen.
It’s just that the most appropriate time has not yet come. Maybe now is the calm before the storm.
At the same time, the brother-in-law drove Lu Liang and others to the nearby high-speed rail station in his father-in-law's Volvo.
My hometown is less than 300 kilometers away from Jude. It is best to take the high-speed rail, which can be reached in one and a half hours.
"Brother-in-law, please go back, we are about to enter the station."
Lu Liang watched his brother-in-law leave, and suddenly remembered that his sister's family didn't seem to have a family car, only one for delivery. van.
Looking at his warehouse in Magic City, there are seven or eight vehicles that can be driven and those that cannot be driven.
There are two Tesla Model
But Lu Liang doesn’t trust this kind of pure electric vehicle, and Lambo and Ferrari seem to be a little high-profile.
Wen Chao seemed to see what Lu Liang was thinking and said softly: "Mr. Lu, the company also has an A4 that Mr. Tang retired from."
Lu Liang's eyes lit up and he showed approval. Smile: "Then go ahead and get in touch and send someone to drive the car over."
As far as he knows, Tang Caidi's A4 may have driven less than 3,000 kilometers, so it was directly replaced by a Pala Mela.
So far, I have been eating ashes in the parking lot.
Let Lu Ya drive it for a while first, and then sell it to her with a comminuted fracture.
Send it to me directly, I guess I won’t take it, maybe Lu Liang will be scolded by her.
At 2:30 in the afternoon, the high-speed train arrived in Jude.
Jude Times sent several special cars to pick him up, and there was also an accompanying vice president named Su Boyuan.
"Mr. Lu, on the other side is the West Factory, which is also our main production base. We are going to the engineering center now."
Arrived at Chijian Lake, Su Boyuan enthusiastically introduced that it can be said that both sides of the lakeshore are beautiful. It is their industrial park.
Jude is the name of a city, and they dare to call it the Jude Era, which naturally comes from the support of the local government. He just wants to show the strength of Jude.
Lu Liang smiled and said: "I went to Shenzhen Town some time ago and found that many city buses there have been replaced by electric drives."
He came here this time for the financing of Jude. Come and plan to eat all the subscription shares alone.
Jude's valuation is between 33 billion and 36 billion. Su Boyuan hopes to go to the upper limit, and Lu Liang naturally hopes to go to the lower limit.
Hu Jian is a coastal province, and Jude is a coastal city. The economy of coastal cities is not bad.
If he really makes it sound like Jude was born for the Jude era, then the valuation must be overpriced.
Su Boyuan has no intention of being exposed: "It has been 21 years since BYD was founded. Power batteries, vehicle manufacturing, and rail transit are all one of their main businesses."
Yude It has been just five years since Era was founded, and it has become one of the top three power battery suppliers in the world.
If they are given another sixteen years of development time, their achievements may not exceed BYD.
“Technology changes very quickly.” Lu Liang lamented.
Nokia, which is as powerful as it was back then, has a valuation of US$300 billion for its mobile phone industry division alone, but recently there is news that it intends to package and sell it for US$3 billion.
A generation of dynasty is gone, and the president can be replaced four times in sixteen years.
Su Boyuan was at a loss for words. He could change the dynasty in sixteen years. There were indeed many uncertainties.
Fortunately, the vehicle stopped and arrived at the engineering center.
Zeng Minqun stood at the door with a smile on his face, red carpet banners, and employees lined the streets to greet him.
"Mr. Zeng, long time no see. Today's pomp is a bit out of standard." Lu Liang teased with a smile.
Lao Zeng shook his head slightly, but his smile remained: "It's not super, there may be opportunities for cooperation in the future."
Obviously he also believed the rumors. After all, Lu Liang first joined Weilai, and then Ideal. A research and development project team has even been established.
This is not what a serious investor should do. It only shows that Lu Liang intends to build cars himself.
“I hope it will be as Mr. Zeng wishes.” Lu Liang chuckled.
Several people followed Zeng Minqun into the engineering center and visited the R&D department, battery department, and production department. Lu Liang stayed in Jude for a week, during which a steady stream of colleagues came from Shanghai to participate in corporate audits.
This is an investment project of more than 3 billion, and it is estimated to be the last financing before Jude Times goes public.
If everything goes well, the PIO will be launched as soon as the end of the year, followed by a road show, and finally listed on the A-share market next year.
In fact, Jude originally wanted to be listed on the U.S. stock market, and it was even close to negotiating a US$3.5 billion cooperation with Ford.
Last year, Ford prepared to invest US$3.5 billion to fully build a lithium iron phosphate battery factory. Jude Times was responsible for providing technical and service support for this factory. To put it simply, it was Jude Times who contributed and Ford contributed. money.
But it was restricted by the state, so Jude’s road to listing in the United States was directly cut off, and he could only choose A shares.
“It will cost at least US$500 million.”
Lu Liang plans to invest in US dollars, which is a temptation that no company can refuse.
Especially for Jude, which has no hope of going public in the United States, they may need this US dollar investment even more, because they have been setting up laboratories in various countries around the world in the past few years.
“It’s just where the money comes from.”
Lu Liang’s head hurts a little, although the total assets of the two funds he manages exceed US$2.85 billion.
But today is already June 3, and in less than 40 days, the results of the incident in the south will be announced to the public.
At present, the funds they have prepared, including reserve funds, are only US$1.25 billion, which is still 750 million US dollars short of 2 billion.
If US$500 million is invested in Jude Times, the funding gap will be US$1.25 billion.
I don’t know if we can still get it together in early July.
After much thought, Lu Liang decided to postpone the investment in Jude Era, at least until the end of July.
After all, he can provide US dollar financing,
The conditions can still be discussed more.
Early the next morning, the two sides started a heated discussion.
Mainly about the valuation issues in the Jude era.
Yude Yifang naturally hopes that the higher the valuation, the better, and comes up with the new energy sales report for the first quarter of this year.
New and old car companies are ready to go, and all kinds of capital are ready to move into the new energy industry.
As the world's top power battery supplier, their future sales will naturally experience explosive growth.
Analysts predict that this year’s shipments should reach more than 7.0GWh, which is 140,000 lithium batteries.
Tang Caidi retorted: "According to our company's survey, Jude's power batteries account for 19.2% of the national market. So, do you think the sales of new energy vehicles this year will reach 700,000 units?"
"First quarter of this year The sales volume is only 78,000. Do you think that in the next three quarters, there will be an average sales volume of 200,000 units in each quarter? "
The teams on both sides fought tit-for-tat and argued to compress the valuation. to 335-345.
Although the difference is only one billion, Jude used 10% of its equity for financing this time.
For every additional RMB 100 million in valuation, Tianxing Investment will have to pay an additional RMB 10 million in financing funds.
Not to mention a billion.
Lu Liang and Zeng Minqun were drinking tea nearby, chatting and laughing, but when they talked about national affairs, they could not avoid the affairs in the south.
“This time, I will never retreat, nor can I retreat.”
Zeng Minqun looked serious and extremely determined.
If they retreat this time, the achievements of decades of reform will be lost, because wealth without the support of force is just a building in the air.
Just like the Japanese next door, the Americans can cut whatever they want. I think Lu Liang should have a deep understanding of this. It is said that he is also a member of the Reapers.
Lu Liang agreed with his face: "I definitely can't retreat, and I won't retreat. I just don't know if America will retreat."
Zeng Minqun pondered for a long time: "Will America retreat?" Retreat depends on whether our attitude is firm enough.”
He couldn't help but sigh: "If he had the ambition to change his family strategy back then, he would not dare to offend the old American bear."
Lu Liang also sighed: "Back then, we were poor and had nothing, and those who were barefoot were not afraid of wearing shoes. Yes, now I am raising a family.”
Thanks to Chen Jingfei for the reward~
(End of this chapter)