Chapter 267 Accelerating Stimulation
The negotiation between Chen Pingsheng and Zhang Zhiyao has come to an end.
The advantage is that he can soon own the largest lithium iron phosphate battery factory in the country.
The bad thing is that he is about to invest 5.5 billion in a wholly-owned acquisition of this huge loss-making super manufacturer.
Within three years, 15 billion will be invested in battery research and development.
Without this directional investment in R&D money, Zhang Zhiyao would not necessarily have to sell it to him.
Domestic electronics companies often operate in two models.
One is an ecological enterprise that integrates industry, academia and research.
Industry-university-research is simple to say, but the investment is huge.
For example, if you invest 15 billion in battery R&D, you can only gather more real experts in the battery field and gather these people together to research and break through existing technical bottlenecks every day.
Sprint on technology patents in higher fields.
If this thing is completed, it will of course be of great benefit.
But if it doesn’t work, it’s like a major foreign Samsung manufacturer.
Samsung's mobile phone screens are world-class. It spent almost 20 billion US dollars and suffered huge losses for more than ten years before it succeeded.
This is the result of Samsung’s investment in research and development in the 1990s.
Similarly, Samsung also worked on chips in the 1990s, spending nearly 10 billion US dollars on it.
It took a lot of time and ended in failure.
To put it bluntly, R&D is the lifeline that everyone fights for. Once a major foreign manufacturer takes the lead in breaking through patented technology in a certain field.
Everything you research in this field will likely be in vain.
We must re-study the technology patents to bypass it.
Otherwise it is infringement.
This is industry-university-research, a business model with no margin for investment.
The risk is infinitely high, and the probability of success is extremely low.
It can even be described as unimaginably low.
The other way is relatively simple, that is dry assembly.
The technology belongs to others, so I can just pay a high price to use other people’s technology patents.
Then assemble these products into one piece, and then reduce marketing costs and sales costs.
Come and get your own share of the meager profits.
The advantage of this is that you don’t have to spend money on research and development yourself, the risk is small and the investment is low.
More than 99% of well-known electronics manufacturers in China follow this model.
There are advantages and disadvantages.
Once a foreign country bites your neck, this kind of factory will stop working immediately.
It is impossible to produce its own core products.
Chen Pingsheng didn’t know whether he would succeed if he put in so much effort, but what he was thinking about was that he had done it.
Then we can only do our best.
In order to collect the 5.5 billion wholly-owned acquisition funds as soon as possible, he asked Zhang Wanyi from the Magic City to immediately buy back the Bobo milk tea that had been purchased at a low price, as well as the 2 billion shares of Boiling Yangyang.
Selling.
Fortunately, thousands of accounts were used to buy these two stocks. Now, if you sell them like this, the market conditions are very good.
It won’t be too noticeable.
There are still many details in the specific negotiations. In less than half a month, there is no way to discuss them at all.
This also gave Chen Pingsheng time to raise funds.
June 2nd.
Big news has emerged in the domestic new energy market, the newly established Tengfei New Energy Vehicles.
Planned to fully acquire the largest lithium iron phosphate electronics factory in China for RMB 5.5 billion.
By the way, 15 billion will be invested in battery research and development within the next three years.
For a time, paper was expensive in Luoyang.
Countless people in the new energy vehicle market have begun to pay attention to this newly established energy vehicle company.
No way, we can’t sell many new energy vehicles in a year.
When everyone enters this industry, at least half of them did not come here with the intention of building a good car. It's just like playing football.
This also leads to the fact that not many people are willing to spend tens of billions to lay out their own super factories in the early stage.
Not to mention the investment of 20 billion in the core battery factory of new energy.
It can only be said that this newly established energy vehicle brand is too wealthy.
This is how I dared to invest nearly 30 billion as soon as I entered this industry.
The specific details of the cooperation have not been completely finalized, so naturally there has been no press conference yet.
However, Tengfei Gigafactory in the Magic City, stimulated by this news, directly accelerated all approval procedures.
No way, no matter how you look at it, this is a super company that really wants to do a good job in new energy.
Such a company is not only needed in other cities, but also in various places.
It will even directly lay out a series of conditions.
Tengfei’s first-phase investment in the super factory is as high as 12 billion. The main goal is to build a world-class integrated super factory for the overall production of new energy vehicles.
The industrial land area provided by the Magic City is 550,000 square meters.
To build such a super factory, a lot of surrounding supporting industries are needed.
After a period of negotiations, it was finally decided that the super factory would be located in Lingang.
The address has been decided, but the specific conditions also need to be negotiated.
For Tengfei to use such a large piece of industrial land for free, it must meet a series of conditions.
For example, how much tax revenue will be created, how many jobs will be created, etc.
Under the accelerating stimulation of various big news, Yan Donghui, the former dean of Sany Heavy Industry Research Institute.
Officially joined Ascendas New Energy on June 5th.
And serves as co-founder and executive director of the car.
Xu Dong, the former president of Huawei’s consumer division, serves as the chief technology officer of Ascendas Motors.
In addition, Zhang Qiming, the former president of BMW Greater China, serves as president of production and sales.
In the early stage, we were mainly responsible for the construction of the super factory.
After all, the car hasn’t been built yet, so how can it be sold?
The construction of the super factory cannot be completed by Chen Pingsheng alone.
If you want to make a world-class product, you must hire world-class talents.
This is a very simple principle of Chen Pingsheng.
At least in his opinion, these three people are far better than him in the ability department.
If he went to work on his own, he would never hold a position as high as theirs in those three large companies in his life.
Whether you can get in or not is a big question.
The level of academic qualifications is stuck.
Most bosses only like to hire people who are less capable than themselves.
Because he feels better in control.
He is different. He likes to use people who are stronger than himself. The stronger, the better.
When the three came over, he also showed the highest sincerity.
Three sets of 500-square-meter Tomson first-grade products were delivered directly to them.
In addition, each person is equipped with a Maybach 680 as standard, with a landing price of about 4 million.
If I were to exaggerate a little more, he could casually introduce the little stars in the entertainment industry.
It’s just about what you want and what I want.
This special resource can handle most men.
New energy vehicles are not only a big investment, but after all three of them are in place, a series of work will begin.
Chen Pingsheng is still raising money to acquire the 5.5 billion battery factory.
Many banks are willing to give him loans, but he doesn't want them.
In a word, the interest rate is too high.
Use this interest to recruit a few more top research experts in the field of lithium iron phosphate batteries. Wouldn’t they be good?
(End of this chapter)