"Li Sang, thank you very much for your warm reception. Please believe in our sincerity. We hope to get a reply as soon as possible."
"Thank you! Thank you also for your optimism about our company. We will reply to you as soon as possible."
"Excuse me for disturbing you."
"hehe."
"..."
Seeing the notebooks bowing and leaving, Li Yuan stopped smiling and made a face at Gu Yuqin behind him.
"Huh? Hee hee." Gu Yuqin asked with a smile, "How was the talk? Is there hope?"
Li Yuan shrugged: "That's what little devils are like, they seem to want to take advantage of everything. That kind of face is more disgusting."
Those few books just now were here to negotiate the acquisition. They offered a price of US$4 million and wanted to acquire all of Phoenix New Energy?
Li Yuan really has nothing to say, why should he be more shameless than himself?
At present, the entire Phoenix New Energy Industry, a Zhuque No. 1 base, has invested 5 billion. If the second and third phases are carried out, the total investment can even exceed 10 billion. Can the hydropower station alone cost only 4 million US dollars?
?Not even a fraction.
Not to mention there are farms, pastures and grazing sheep, which may be worth US$4 million.
There are also more than a dozen shale oil and gas fields. The purchase price at that time was also more than 270 million US dollars.
The annual gross profit of a solar water heater manufacturer is over 1 billion RMB, not to mention its valuation.
Even if all these assets are divested, there will still be a photovoltaic assembly branch and a silicon wafer production branch...
Paying back 4 million US dollars? Do you think you are a beggar?
Especially those small books are still very proud - Li Sang, we have a first-class brand and our core technology. Only in our hands can this company prosper?
Li Yuan almost burst out laughing.
The current photovoltaic industry is almost starting from scratch. What first-class brands can there be? Besides, we also have the technology, so there is no need to import it from overseas. We even have our own domestic equipment base. We can use your small book of brands and
Technology?
In the final analysis, it is nothing more than three poles if there are jujubes but no jujubes. Those little bookkeepers are not sincere at all. They think that they have never seen the world and have found themselves to pick up the leaks.
…
"Sorry, is this Phoenix New Energy's booth? Is your boss here? I made an appointment yesterday." In front of the booth, a young Westerner in his early thirties appeared. He was wearing formal clothes and carrying an official document.
Bag.
"I'm the boss here, Li." Li Yuan smiled and shook hands with the young man. He was a little confused. This look...is he selling insurance? It should be another one who came to pick up the leaks, right?
The young man quickly smiled and shook hands with Li Yuan: "This is my business card. I am Kevin, the account manager of Goldman Sachs. Nice to meet you."
"Oh! Please take a seat!" Li Yuan said nothing nonsense, "Are you also interested in our Phoenix New Energy?"
"Of course. Li, I find that you should have the opportunity to become China's largest solar energy company. Of course, you must go to the world's largest capital market for financing. Only in this way can you obtain satisfactory returns."
Li Yuan couldn't help but smile, feeling a little bit of kindness. When he deceived wealthy investors in his previous life, he seemed to have used words like this, which would make people's blood boil as soon as he uttered them.
"Okay, okay! Kevin, you are from Goldman Sachs, you should want to send us to the United States?"
"Haha, Li, you should be an expert. If you leave it to us at Goldman Sachs, we will assist you in the entire process of several rounds of financing, and through our relationship with Goldman Sachs, we can IPO on the New York Stock Exchange very quickly."
"Uh-huh."
"Li, let me introduce myself first, we are Goldman Sachs..."
In the original historical line, the domestic photovoltaic industry did have the experience of being listed on the New York Stock Exchange. It also created the richest man in the country. That is Suntech!
But the good times didn't last long.
There are three main reasons why Suntech failed and went bankrupt soon: First, when the market was hot, the price of silicon wafers, a key material, skyrocketed. Since Suntech did not have silicon wafer processing capabilities, production costs increased greatly;
Second, when the price of silicon wafers skyrocketed, Suntech signed a large number of order contracts with silicon wafer manufacturers to lock in prices in advance. Unexpectedly, later facts proved that this was a misjudgment by Suntech. Because many domestic manufacturers saw the price of silicon wafers.
The market price skyrocketed, so they invested in building factories to make silicon wafers. As the market supply increased, the price of silicon wafers came down. The subsequent market price was lower than the price locked in advance by Suntech, which increased Suntech's losses;
Third, the financial crisis in 2008 caused governments to reduce subsidies for the use of new energy, causing a serious shrinkage of the market, resulting in overcapacity in the photovoltaic industry.
It can be seen that the key lies in silicon wafers. If there are no self-produced silicon wafers, the sharp rise and fall of silicon wafers will easily bring down photovoltaic companies.
The other is subsidies from various countries. To be honest, without this subsidy now, the photovoltaic industry would not be able to survive at all, and would only be ruthlessly eliminated by the market.
Of course, when the domestic photovoltaic industry developed, it immediately faced anti-dumping and anti-counterfeiting investigations by European and American countries. With this kind of off-market tactics, we hope to strangle Chinese photovoltaic companies.
However, what I didn't expect was that domestic photovoltaic companies were so deeply involved that they didn't even leave a way out.
When the anti-dumping investigation in European and American countries was halfway through, it ended up being abandoned? Because all foreign photovoltaic companies are dead. There is no need to continue the investigation. (Laughing and crying)
Goldman Sachs is a world-famous Wall Street investment bank. This Kevin is one of Goldman Sachs'... ponyboys.
As one of the clerks of Goldman Sachs in Europe, Kevin stopped by to take a look at an exhibition like this. Unexpectedly, he suddenly saw the opportunity of Phoenix New Energy, so he lured Li Yuan to IPO on the New York Stock Exchange.
So after listening to Kevin's self-introduction, Li Yuan immediately guessed his identity. He should be a salesman running errands, and he was simply incapable of making the decision. Today's negotiation was just nonsense.
Although Kevin is still very visionary and has seen the development opportunities of the photovoltaic industry, he is just a small role running orders.
Let me explain: To ordinary people, investment banks seem to be very high-ranking. They are basically looked up to.
But in reality, investment banking business is no different from other businesses. What matters is one thing - vision.
Generally speaking, investment banks will receive a large number of investment plans, some of which are delivered to their door automatically, and some of which are obtained by themselves.
But out of 100 investment plans, only 3 or 4 can be selected in the end, with a probability of almost 4%. And among the remaining ones, only about 2% can actually be listed.
In other words, only about 7 to 8 out of 10,000 of the outstanding investment projects that truly break through the siege!