Chapter 262 Super Factory


He wants to impress a few top talents to work with him on new energy.

The most important thing is to make them think you are reliable in doing this.

In other words, you have a high probability of success. Only in this way do things like option stocks make sense.

After all, they cannot be cashed out within five years, even the luxury house that Chen Pingsheng gave away.

It will be officially transferred to their own names after five years.

Yan Minghui and the three of them took Chen Pingsheng's top-level Phantom to visit his Tengying Group.

Whether it is Sany Heavy Industry or Huawei, they are not comparable to the current Tengying.

Both companies have achieved absolute leadership in their respective fields.

It has also made an indelible contribution to the industry, which Tengying currently does not have at all.

It can only be said that he is still making progress.

Tengying Group is also a multi-industry super-large group, which spans many industries.

In a sense, the risk is much higher than that of enterprises rooted in a single industry.

The main reason is that it cannot focus.

However, Tengying is developing very well, whether it is its financial situation or operating situation.

They are all very good.

Especially regarding the financial situation, the three of them must ensure that Chen Pingsheng can invest a huge amount of 20 billion in the next five years.

This is critical, after all, it is the core factor related to the success of new energy vehicles.

Only by being able to spend a substantial amount of 20 billion dollars can they ensure that they have the core qualifications to reach the final step in this track.

Not to mention that he personally owns five listed companies. Only in Tengchao Commercial Management in Xiangjiang, Chen Pingsheng has 100% equity.

It now owns more than 23 billion assets.

In addition, Tengying Entertainment's share price has once again reached around 30 billion, and Chen Pingsheng personally owns 60% of its shares.

With these two items combined, he has a super net worth of 40 billion.

The kind that can transfer money at any time.

Even if he has a net worth of hundreds of billions, it is impossible to easily spend more than 10 billion like him.

There is a very interesting situation in China. Most people check their personal wealth through stocks on the stock market.

Behind the stock is the market value of the company, and there is another key factor that has not been examined in the market value of the company.

That is business loans.

Especially in the real estate industry, none of the top ten companies in the country have hundreds of billions of loans.

Some are as high as trillions.

The true value of a business should be its assets minus all liabilities.

Only in this way can stocks be used to calculate personal wealth.

Obviously, Chen Pingsheng's company does not have any operating liabilities, which also means that he does not have any operating risks.

It is absolutely easy to spend 20 billion in the next five years.

Even more, that’s no problem.

With this money, he can truly be considered a seed player in the new energy track.

All three of them agreed to join, but it would take some time, and it would definitely not be that soon.

After all, it takes a while to resign.

People always jump to high places, once the conditions he set are met.

Who in the future will not have a net worth of one billion?

Although this number may not seem high, how many people can earn so much money in a lifetime?

Another strong player was added to the new energy track. After Chen Pingsheng confirmed that they would all join, he began to interview local leaders in Shanghai.

Officially preparing to invest 12 billion in a location in Shanghai to build a new energy super factory.

There is no doubt that this is a huge investment.

Especially when the funds flow to the new energy track that is supported by the state, it is warmly welcomed by the local people in Shanghai.

A special negotiation group was even set up. Chen Pingsheng also set up one here, in order to let the local people know that he was really serious about doing this.

Directly injected 14.5 billion in funds into Ascendas New Energy Vehicles.

Establishing a company is very simple. If you invest 10 billion, you don’t need to consider the production license of new energy vehicles at all.

Magic City will come forward to help you get it easily.

The new energy track is real and fake. Two hundred teams emerge every year to squeeze into this world-class hot project.

How many people are just like playing football, using the name of playing football to please the local government in order to obtain land or other resources.

No one can tell clearly.

But Chen Pingsheng applied for targeted investment funds with this 14.5 billion fund.

In other words, this money can only flow into car manufacturing.

With a one-time investment of 14.5 billion in the early stage, all of which are self-owned funds, this is undoubtedly a big player in the new energy track.

No matter what, Modu wants to keep this project local.

Negotiations mainly focus on several aspects.

One is land resources. He wants to spend 12 billion to build his own super factory, and land resources are definitely indispensable.

This kind of land is usually given as a gift from the local government, or it can be used for free for a number of years.

After all, for such a big project, just think about how much tax revenue and jobs it will bring later, and you will know how significant it is.

Another point is the number of years of tax exemption.

New energy vehicle manufacturing must be tax-free in the early stage. At the same time, the local government will also provide a certain amount of bank loans.

To ensure that your project can proceed smoothly.

12 billion is just the money to build a self-built super factory. There are also a series of things behind it, such as the purchase and research and development of components, new energy smart driving, etc.

Which one does not require massive funds.

In particular, the automobile industry is a heavy industry, and its technical threshold is not too high, but if you don't have it.

That will definitely be eliminated in the future.

It can be said that after Chen Pingsheng spent 12 billion to build a super factory, he still needs at least 5 billion to guarantee it for the next year.

The project can still run normally.

In addition, he will spend at least 10 billion in the next three years to study how to build a good car.

The sum of all these aspects means that he will actually spend more than 30 billion in funds in the next three years.

This is the real possibility to succeed in this matter.

Anyway, Tong Zelan was numbed by his operation. How could he spend more than 10 billion to build his own factory?

Can you guarantee that the car you make at home will sell well?

The car is out, if it can’t be sold.

Then this factory will be completely abandoned.

Moreover, in such a risky industry as new energy vehicles, he didn’t even come to me to invest and share the risks.

Either he is really confident, or he just wants to do it his own way.

After all, if you take money from the capital market, it is estimated that no investor will agree to let him build his own factory from the beginning.

The risk here simply shouldn’t be too high.

Even so high that it is simply unimaginable.

How can any layman say that he wants to build a super factory as soon as he enters the building? There is no such thing.

The Gigafactory will take at least a month from negotiation to implementation.

This also gave him enough time to form a production team for the super factory.

It can only be said that there is a long way to go.

He still had too much to do.

(End of this chapter)

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