Chapter 109 New Energy Empire
So the next day Meng Qian focused on discussing this aspect with Tiger Stone.
Tiger currently holds 10% of the group's shares and is one of the major shareholders. He is also concerned about the development prospects of this area. Meng Qian once talked about the goal of "eight million vehicles", which seems exaggerated, but if new energy vehicles can develop within ten years, it will not be a problem to double or triple.
A huge market naturally requires a lot of thought.
Meng Qian talked about his thoughts: "My positioning of current technology is that it can maintain its lead for about five years. Although Japan has already had inspirational technology, it is okay to lead within five years. During this period, I want to absorb funds as much as possible and occupy the market."
"Is the follow-up technology guaranteed?" Tiger asked.
"Yes." Meng Qian answered affirmatively, "Suppose new technologies will be produced in five years, and when Fuguo Power cannot maintain its advantages, the new technologies will be taken up in time."
"The advantages you have can completely build a new energy empire," said Tiger.
"But I don't have many ideas for specific business and strategy issues." Meng Qian also honestly admitted his shortcomings, and he could not compare with the other party's experience.
"What the plan needs most is funds, followed by connections." Tiger pointed out two points.
"Please say it." Meng Qian was waiting for his thoughts.
"The best way to absorb funds is to go public. If there is a good operating strategy, it is feasible to go public within three years and can also generate profits."
Meng Qian can understand that although the company does not intend to distribute dividends, the shares are very valuable and cashing out easily.
"In terms of connections, this is not difficult to deal with. Although it will harm the interests of traditional fields, new energy is a trend in the general environment and can unite many people."
...
They talked about a lot of operational issues.
This "new energy empire" will be a long-term and huge plan to divide the future.
It requires at least two representative companies. Fuguo Power is the first step, which is responsible for opening up the market, absorbing investment, and promoting the development of new energy;
On the way, the second company will appear, and it will master new technologies and form a complementary form with Fuguo Power, one high-end and the other mid-to-low-end, and perform double acts;
Then, before Fuguo Power's technological advantages are lost, the "planners" will slowly sell its stocks, distribute its funds, and leave a shell for outsiders;
Finally, the new company will take over the country captured by Fuguo Power and lead for another ten years.
This is the abbreviation of the program.
But there are too many cases where the plan cannot keep up with changes, not to mention that it has to plan to the next twenty years, with variables on the way. At present, Toyota has come out halfway and has lowered the outside world's assessment of the value of FF Group. The only thing with strong guarantees is technology.
Technology is always the key, and Meng Qian masters it.
So Tiger Stone joined in without hesitation and became the planner.
Even if he cannot succeed in the end, he can make a huge profit with the shares he holds after he goes public - not to mention that it still has great hope of success and will definitely make more profits. When the profit is far greater than the effort, he has no reason not to participate in this plan.
Of course, Tiger Stone does not have Meng Qian's idealization.
He knew that there would be many problems and difficulties, but he was an adventurous man and had never seen any storms in his life. Meng Qian's boldness rekindled his passion for years. He enjoyed the pleasure of conquering his opponents, and Meng Qian brought opportunities.
...
With a plan, you need to take the first step.
A few days later, another domestic group shareholder, Liu Jianye, arrived in San Francisco; Tiger Stone also brought a friend, Steve Rosenstein, a white man in his fifties.
Meng Qian had never heard of this person, but Liu Jianye was very enthusiastic: "Mr. Rosenstein, I'm very happy to see you!"
"Hello, young man." Steve Rosenstein shook his hands.
Tiger Stone briefly introduced: "I worked in Wall Street investment banking and was a big shot. He was able to package a poorly managed company into a perfect listed company."
"He is a legend." Liu Jianye also knew.
"I'm almost an antique, and I didn't expect there would be admirers." Steve Rosenstein said funnyly.
Meng Qian looked at this uncle who was wearing a suit and had a beer belly, and his face looked quite kind.
But the friends specially invited by Tiger Stone are definitely not simple. According to reports, he is a member of the Jewish family, involved in the fields of finance and computer technology, and owns his own bank. The bank can be said to be an important symbol of the consortium, and they are the ones who manage finance.
"With you participating, I believe things will go smoother." Liu Jianye has become a fan.
"He will." Tiger Stone greeted them to sit down and explained: "This is the plan proposed by Mr. Meng, and of course it is accompanied by crazy gains."
It took some time to discuss this plan.
No one here has hesitated to "do it or not", so he skipped this step and considered how to implement it.
Rosenstein said: "Only after two to three years is the only way to ensure that there is enough time for investors to escape. However, if the listing time is too early, it will make its value unimportant."
Tiger Stone smiled: "Isn't this what you are good at?"
"You are going to do what you want to make your name as famous as possible, oppress your opponents, and show great prospects, and I will be responsible for creating a beautiful outfit for you."
Liu Jianye said: "How about cooperation in China's large automobile consumption market?"
"Bonus points." Rosenstein was satisfied.
Tiger Stone also said: "More investment and singing from all walks of life can drive it."
Everyone provided a lot of ideas and plans. They are the current planners, and they will have to join more powerful friends in the future and join forces with giants in various fields to ensure that the plan is carried out safely; those who are in front of them will naturally have various monsters and monsters to deal with it.
A few days later, big news came out in the battery industry.
The company was established in San Francisco. It will invest in the cooperation of Tesla's Giga factory to build a super factory with an annual supply of 600,000 cars. The commercial evaluation agency believes that the new technology and high output have won a good start to Musk's big bet.
After the news of FF Group's official entry into the United States came out, news newspapers and economic weekly in Europe and the United States began to sing out the prospects for the new energy industry all the way. Related concept stocks ushered in a slight increase, and car companies that develop new energy vehicles also benefited directly.
Soon after, the media received another major news that several well-known holding companies and foundations jointly conducted the first round of financing for Fuguo Power, and the financing amount reached a rare US$2.5 billion - the first round of financing is generally more common in hundreds of thousands to millions.
The first round of transactions was 2.5 billion, usually acquisitions.
But this time it was indeed financing, and it was all large-scale companies that raised 12% of the 25 million US dollars in financing, directly pushing the valuation of Fuguo Power to $20 billion. This is unimaginable for a newly established company. The key is also the role of new technologies.
Before the division, Fuguo Energy was worth US$30 billion. Fuguo Energy has complete technology and a broader market. This price is common sense. The economic media did not make a fuss and were very optimistic about the development of Fuguo Energy and the new energy field.
Because after obtaining this $2.5 billion in funding, the company will definitely make greater moves.
There are rumors that Fuguo Power will focus on taking care of their birthplace, China. The largest economy on the earth in the future and a huge automobile consumer. They have innate advantages and the Chinese government will especially support the development of the new energy industry.
Subsequently, the official confirmation of the news.
Their subsidiary Fuguo Power will jointly invest US$3 billion with China's Yadian to build Asia's largest super battery factory, aiming at the field of power batteries. And Yadian Automobile has invested heavily in the new energy era to seize the Chinese market.
As soon as this news came out, it caused another heat.
The United States and China, two major countries, have already started to build battery factories, both of which cost $30 billion, and there is no hesitation at all. But no one suspects that they will make wrong bets, because the launch of new batteries has opened up the most difficult juncture of new energy.
The critical point of the electric vehicle industry has been broken through.
Chapter completed!