The profits from investing in U.S. stocks have not yet been received, but that does not prevent him from making plans in advance based on the estimated returns.
3亿变成30-35亿,12亿美元用于鹏城8.5代显示屏产线建设,10亿美元用于动力电池投资扩产,这部份资金可以撬动更多的社会融资。
It can simultaneously complete the expansion of BYD electric vehicles, the upgrade of power battery technology and the expansion of production lines.
Of the remaining more than one billion US dollars, a portion will continue to be used for financial investment, and the rest will be invested in WeChat Technology, Pinxixi International, Douyin Interactive Entertainment and other new project investments, and corporate mergers and acquisitions.
After this round of financing, BYD Group’s shares will inevitably be diluted again, and Qingyun Group or Li Zehua himself will hold more than 51% of the shares.
Temasek will inevitably follow suit to secure the remaining shares.
The original shareholders of BYD will not suffer any loss at all. They will get a nearly monopolistic market. The specific operation methods to maximize profits will be decided after further negotiations between the two companies.
But that night, several people had already agreed on the general framework.
Li Zehua provided money and the market, BYD provided production capacity, and at the same time supported another "competitor" in the market to avoid triggering an antitrust investigation.
While BYD focuses on mass-market products, its new “competitors” go for personalized customization, producing high-end electric two-wheelers to earn excess profits.
Since the news of investment in factory construction could not be kept confidential, overseas companies were introduced in the name of Temasek, under the pretext of exporting to Southeast Asia, Africa and Latin America, to confuse the public.
BYD cooperated with the external publicity and actively applied for export quota from the foreign economic authorities. Qingyun Group expanded its sales channels overseas based on Pinduoduo International.
There is no morality in commercial competition. True and false, false and true are all used to confuse competitors. By the time they realize something is wrong and want to catch up, BYD's absolute advantage has already been established.
At the same time, the two sides launched an invitation to acquire precious metal-related manufacturers on the raw material supply side of the electric vehicle manufacturing industry to reduce production costs at the source...
"Mr. Li, whether it succeeds or not, I will take this gamble with you. The future of Yadi is entrusted to you."
Dong Chaogui agreed reluctantly, he had no choice!
Li Zehua and Temasek together hold more than 30% of BYD's shares, making them the largest shareholders. Moreover, the Qingyun Group controls more than 95% of BYD's sales channels.
In the past cooperation process, Qingyun Group rarely interfered in BYD’s internal decision-making (except taking over the battery department) and fully respected the rights and interests of the original management.
Faced with a strategic investor who has good cooperation and is willing to take the initiative to provide funds for a new round of expansion, it is difficult for management to muster the courage to refuse.
After losing BYD, Qingyun Group only needs to change a supplier to continue to complete its strategic plan. But how can BYD, which has lost the support of Qingyun, face a rival with an annual output of 30 million vehicles?
Do you still need to consider it?
Even though he was unsure and felt that the risk of leapfrog development was too great and that it might trigger a chain reaction if the results did not meet expectations, Dong Chaogui did not dare to refuse.
He could only comfort himself that with the support of the battery replacement plan and the sales of electric two-wheelers in rural areas, it would be a bit difficult to make 10 million a year, but 8 million could still be guaranteed, and maybe the overseas market would pick up.
Can we get through this difficult time successfully?
There is no need to worry even if there is 2/3 idle production capacity by then. Qingyun, which provides the bulk of the funds, will take the lead and will not drag BYD down instantly. On the contrary, it will use its production capacity to defeat its competitors.
As for the sharing economy plan that Li Zehua never mentioned, he was seriously skeptical. After all, he was not an elite who had experienced the impact of the wave of the times.
It is hard to imagine what disruptive changes national cycling will bring to the industry!
"Sure enough, the right to speak in the industry is gained through strength, not through talking."
Facing the collective compromise of the original management of BYD, Li Zehua sighed from the bottom of his heart, "Gusu has chosen the more powerful Three Star, and Jinling is probably the same, so let's not waste time.
Let’s go straight to Feicheng. Once this production line is completed and the local government sees the real money, we can talk about other things later.”
Thinking of this, I picked up my glass and drank with everyone. However, the wine table is like life, with various forms and situations, and everyone has different inner demands.
At this moment, they are united by a bright future...
Cancel the trip to Jinling and go straight to the BOE project department in Feicheng.
"Mr. Li, you are really dishonest!"
As soon as they met, Liu Xiaodong, general manager of BOE Feicheng Project, could not wait to complain, "We two have been running around for the Pengcheng production line.
Even if there is no credit, there is still hard work. Even if there is no hard work, there must be fatigue. Your trick is really unacceptable."
Yao Xiangjun, with a bitter face, echoed the sentiment beside him, “Just a second ago, I was organizing the team to estimate project costs, financing channels, and cost-effectiveness.
The next second I received a notice asking me to pack up and leave. Until now I still don’t understand what Mr. Li saw in me that made him ask the company to send me there.”
“Who doesn’t like outstanding talents?”
Li Zehua laughed for a while, but unfortunately no one cooperated and both of them were quite unhappy.
He asked: "Mr. Yao, what is your role in BOE, or what is your self-positioning?"
No matter how dissatisfied Yao Xiangjun was, he had to swallow his temper when facing questions from the company's new major shareholder. As a qualified senior company manager and an adult, he had to recognize the situation.
“…the leadership team provides the most professional financial support for the company’s projects, strictly implements the company’s overall strategic planning, and eliminates interference from the outside world.”
"stop!"
Li Zehua couldn't help but interrupt, "To sum it up in one sentence, it's to find money for the company's projects and save money by supervising the execution during the construction process, right?"
Yao Xiangjun nodded.
"That's fine. I'm here. Do you think you can still play your best role in your current position?"
Yao Xiangjun was confused. How could things be settled this way?
Liu Xiaodong responded quickly, "Even if you are rich, Mr. Li, you can't afford all the investments in new production lines, right?
Lao Yao's special talents are almost irreplaceable. The financial team he leads is very cost-effective during project execution and can achieve the ultimate goal with the least amount of money.
The Feicheng project under his management is making good progress and the budget is more than 10% lower than the initial estimate. Doesn't this prove his outstanding ability?"
"It sounds good. How about letting President Yao tell us about it himself?"
Li Zehua, contrary to his usual behavior, handed over the initiative and just stared at Yao Xiangjun. He didn't believe that Zhao Yanshun didn't explain it clearly to him. He was just reluctant to give up such a talented person.
Yao Xiangjun felt a little embarrassed when he was stared at, so he avoided the main point and said, "Boss Li has so many talented people under him, why do you have to keep staring at me?"
“Technology industry investment requires a professional and absolutely trustworthy leader, and the group has many professionals with a background in finance, economics, and law.
Everyone knows the bottom line of this game."
Li Zehua paused for a moment to see his reaction, then continued, "But it's not important to understand how to play this game!
Whether it is investment or financing, it is ultimately a game of lending and collecting interest. Isn't finance just lending at high interest rates? No matter how lofty the words are, they cannot deviate from this essence.
The reason why so many people are so keen and obsessed with wealth distribution is that they have a craze for controlling people's greed.
What I see in you is caution. Although you are greedy, you hide it very well. A person who likes to put risk before gain is destined not to cause big trouble.
More importantly, you are very familiar with the semiconductor industry. How could I miss such a talented person? "
Finally, he added, “In order to invite you, the new CEO of the investment group, I paid for the two existing production lines, and was also blackmailed by Mr. Wang for the promise of investment in two new production lines in the future.
50 billion for a fully-powerful CEO, is this reason enough?"
Yao Xiangjun completely lost his ability to resist and surrendered cleanly. "Mr. Li's words are reasonable, well-founded, emotional and righteous. I have no choice but to sacrifice my life to accompany Mr. Li and discuss the great cause together."
"The leading power of technology industry investment is yours."
Li Zehua heard the subtext and believed that there was no problem in sharing power as long as it did not deviate from the main line of supporting domestic technology companies to successfully break through.
He is worthy of trust as he is praised by Wang Dongsheng and regarded as the company's successor by Zhao Yanshun.
Yao Xiangjun no longer had any objections. He finally smiled with relief. Talking about profit distribution with the founder who held sole power in the group was so stressful that he was sweating profusely.
My heart was filled with excitement. The promise I had just received was far more and better than I had imagined. I was so excited that I immediately stretched out my hands.
"Boss Yao, you are trying to take control of me. Please extend both of your hands. I dare not extend only one hand to shake hands with you."
Li Zehua also extended his hands and shook hands with him, then turned to the confused Liu Xiaodong and asked, "Mr. Liu, are you planning to meet me at the gate?"
Liu Xiaodong was very hurt. He really wanted to ask these two how they completed the transaction without telling him, but the entire project management team was watching him on site.
He could only smile helplessly and say, "Please."
Only when a dedicated person came forward to introduce the progress of the Feicheng project to the new BOE director did Liu Xiaodong take the time to ask.
Yao Xiangjun sighed, "Old buddy, now that I'm gone, the burden will fall entirely on you. Please forgive me for running away. But this is for the better development of BOE. Only when the domestic environment undergoes fundamental changes can our business ultimately succeed!"
"No, you really want to leave?"
Liu Xiaodong was anxious, "Will Director Wang and President Zhao agree?"
"You haven't seen it clearly yet. This ambitious man has made such a huge investment and vowed to complete the localization strategy of the entire upstream and downstream of the industrial chain. For BOE, he is a like-minded strategic ally.
Not to mention his investment in high-generation production lines, this industrial investment plan itself is worthy of the company's full support.
By improving the internal environment and expelling those with ulterior motives from overseas, all colleagues will benefit greatly! "
Liu Xiaodong found it hard to accept it psychologically for a while. "That's not to say you have to step on a landmine! Don't think I don't understand. It's just a production line, and there are a lot of people saying weird things.
It's a waste of time and money, it's better to buy than to make. There are more people waiting to see us make a fool of ourselves, and some even directly try to force us to give up.
If you go to his company, it will involve the localization investment of the entire industry. I really don’t know whether it will be a blessing or a curse. It’s even hard to say whether we will meet again in the future.”
Yao Xiangjun smiled slightly, "Your dream and mine have never changed. We are lucky enough to see the rise of China in our lifetime. Why should we expect to enjoy the fruits of victory?"
Just as Li Zehua said before.
Wang Dongsheng and Zhao Yanshun both came forward to do enough ideological work, but Yao Xiangjun himself was worried that there might be unexpected events in future cooperation and wanted to confirm it personally.
In his position, he actually has a lot of choices. With his outstanding financial ability, it is very easy for him to find a high-paying job at home or abroad.
It would be easy for him to earn a million-dollar annual salary, but just for himself, he would not stay in BOE, let alone be trained by Zhao Yanshun as his successor.
A few months later, he was transferred back to the company headquarters to put out the fire, and with his unique strategic planning, coordination and organizational abilities, and financial expertise, he pushed the Yanjing Yizhuang project forward.
It also came up with a groundbreaking plan to exchange one billion tons of coal for production lines, which was angrily criticized by shareholders as not doing its job properly. It also made a joke that the stock prices of A-share technology companies were increased not by technological research and development but by coal mining.
A sad story that makes people laugh and cry but helpless!
From Wang Dongsheng to the management level.
In order to keep the company alive and continue to persevere on the difficult road of localization, they were willing to try everything but never thought of giving up.
This is a microcosm of the entire country in terms of scientific research, never giving up!
If you want to make money, you can start ten years earlier. Whether it is real estate or trade, they have enough time to complete the transformation. With Wang Dongsheng's personal prestige and connections, he is really blessed to do real estate.
This is the real reason why Li Zehua values him!
A group of relatively pure, less utilitarian idealists striving to pursue their dreams.
Don't think that the West only focuses on suppressing outstanding scientific research leaders in the industry and scientists in core key fields, and even goes so far as to personally take action to create accidents to eliminate threats.
In fact, these key figures who connect the upper and lower levels and seem to have no prominent position but can play an irreplaceable role are the core targets of being lured and corrupted.
Business leaders and scientific researchers are too famous and have too high a status. If they act rashly, it is easy to trigger a series of uncontrollable impacts.
The bottom line of the rules of the game is not to take action against the actual controllers of resources behind the scenes, because what you can do, others can do too. There are only strong and weak controllers of resources, there is no such thing as crushing them.
The only difference between hundreds of billions and tens of billions is the power of discourse in the industry. If you throw out ten billion, are you still afraid that there will be no undead followers in this world?
"Okay, now that things have come to this, it would be too hypocritical to say anything more. If I don't go, should I let Mr. Zhao go in person?"
Yao Xiangjun had considered many possible outcomes for the future, but he never thought that he would have a chance to shine as the sole manager of a large industrial investment group.
Although he was the co-CEO, specifically responsible for semiconductor investment (Qin Lang was still responsible for strategic investment in the catering and retail industries), the funds and connections he had were no longer what they are now.
He can realize the dream of domestic high-tech bit by bit according to his ideal plan!
Even, you can give everything for it, including your life.
What could Liu Xiaodong say? He could only silently send his blessings in his heart.
After figuring it out, I couldn't help but joke, "It's said that life is unpredictable.
You were my financial director the day before, and now you've become the president of a large investment group of a friendly company. In the future, when we have industry meetings, you speak at the top and I applaud from below?"
"Then you better clap harder. If your applause is too soft, don't blame me for criticizing you."
"Haha!" ×2
For Li Zehua, inspection is not the goal. It is more important to connect with relevant departments in Feicheng and complete resource exchange.
Unfortunately, he was scheduled to arrive the day after tomorrow morning, and his early arrival disrupted everyone's plans.
Leaders are very busy, especially those core figures who have a lot of things to deal with every day. If they want, they have endless important things to deal with every day.
After contacting the Commission Office, Wang Fei shook his head. “Neither the Governor’s Office nor the Prefect’s Office gave a specific time. They just asked the Chairman to stay in Feicheng for two more days.”
"Two days. Two days."
Li Zehua followed the professional tour guide and visited the new factory area which was under intensive construction, while thinking seriously.
"When will the inspection team arranged by Yadi arrive in Feicheng?"
"We will hold a meeting to study and decide on the personnel selection within a week, determine the investment scale before the end of the year, and formally contact for negotiation and signing of contracts after the beginning of the year."
"Too slow. Too slow."
He wanted to go fast, but had to slow down temporarily. “Although sandwiched between Wuxi and International Zheng, the scale of the electric car manufacturing plant is not as large as that of Xingcheng, but 200 million vehicles is equally important to Hui Province.
What's more, USTC and BOE are located here, making it an excellent base for the group's new energy and semiconductor strategies in the future.
Yadi, BYD, CATL, Honor Electronics, Panda Electronics, and Power Technology Group will all settle here. At the very least, it is the most important scientific research base.
How can we gain full support from the whole province of Anhui?"
After much thought, Li Zehua could only use his trump card. He leaned over and whispered something quickly into Wang Fei's ear.
The latter's eyes gradually became solemn, and after confirming again and again that it was correct, he ran out to make a phone call.
This abnormal scene surprised Liu Xiaodong and Yao Xiangjun, until Li Zehua extended his hand to let them go over and asked about the specific situation of the production line.
During a casual chat, I heard some shocking information.
Yao Xiangjun was almost going crazy, "Boss Li, the existing production capacity is not settled, how about adding another one?"
“You are now the co-president of Qingyun Investment, specializing in investment in the manufacturing technology industry, so this is the business you are responsible for.
You can discuss the specific planning with Mr. Liu. I will only be responsible for proposing the idea, and you will be responsible for ensuring a smooth implementation.
As for the production capacity sales market, I have already reached an agreement with six major home appliance manufacturers in Pengcheng, and Mr. Wang is also aware of it. The markets in Malaya, Siam and Lijiaopo have been completely opened.
The home appliance industry will usher in new opportunities for expansion. With Feicheng's limited production capacity, as long as you can ensure the yield rate and reduce costs, you will have no worries about sales.
I can even assert that even ten Feicheng factories would not be able to meet future market demand.”
Liu Xiaodong knew some inside information and was not worried about the future prospects of the project. He just gritted his teeth and said, "Mr. Li, where will the money come from? There are not enough people for the project."
“I’m not asking you to start building the second production line this year. It takes one year to prepare and one year to start the project. It’s just right for the first phase of trial production to start the second phase seamlessly.
By 2012, we have enough orders as collateral, so why worry about not being able to get money?"
Yao Xiangjun was completely defeated by his logic, but when he thought about it, it was indeed the case. What the semiconductor industry fears is insufficient operating rates and inability to digest production capacity.
But once there is a large enough sales market, the financial community will rush to give money, and 100 yuan of capital can leverage a yuan market. That's how it happens.
Once they collect the interest, they will wait for you to fail to pay it back so that they can take away your 100 yuan principal. This is called harvesting, because their yuan could not buy the high-quality assets worth yuan under normal circumstances.
Industrial advantages and technological barriers can never be measured by money.
Only Li Zehua, a time traveler with a built-in cheat device, can find the buried gold in the chaos.
"Real gold arrived as soon as it was said. I thought it would be the prefect who came, but I didn't expect it was a mountain of gold!" (End of this chapter)