The day after Xi Cong arrived, Li Bing, accompanied by Shen Beipeng and Zhang Sanshi, also came to Zhang Yida to beg for alms.
Blackshirt Capital and Gaoling Capital are both early investors in Weilan Auto’s Series A and B rounds.
In addition, Penguin, Goudong, Shunwei Capital, Qiandu, Industrial Securities, Lenovo, CICC, Temasek, etc. are also shareholders of Weilan Auto.
The luxurious shareholder team covers almost all of the country's top venture capital and major Internet giants, which is no less impressive than Ruixiang's shareholder camp.
The reason why it is able to attract so much top-level capital is inseparable from Li Bing's glorious personal record in the past.
Yiju.com and Yixin Group are both listed companies with a market value of more than one billion US dollars. Together with Weilan Automobile, Li Bing has a total of three listed companies under his control.
This number is not small, and Zhang Yida currently only controls 3 listed companies.
Also, the motorcycle bikes sold to Huimin in this life are far less famous than in the previous life, but it can still be considered a relatively successful entrepreneurial project.
Therefore, Li Bing is fully qualified to wear the title of "serially successful entrepreneur".
Due to various reasons, Weilan Auto is a fashionable new car concept that competes with Tesla, so it has naturally been praised by venture capital investors.
Weilan Auto was listed in September last year, and its market value once reached more than 14 billion US dollars!
But now, it only has more than 3 billion US dollars, which has dropped by more than 70% from the high point of the stock price.
Zhang Yida invited the three of them to sit down on the sofa in the office living room, and asked Li Bing with a smile: "Brother Li, what gust of wind brought you, a busy man, here? I haven't seen you for a long time."
Li Bing patted the soft leather sofa under his buttocks, looked at the furnishings in the living room, and sighed with a smile: "It's better for you big entrepreneurs to live a comfortable life."
Zhang Yida smiled, did not answer, and turned to look at Shen Beipeng and Zhang Sanshi.
"That's right, Weilan Automobile is preparing to issue a tranche of convertible bonds."
Shen Beipeng said with a smile: "Didn't you just invest heavily in Tesla? 15 billion yuan!
With such a big investment, why don’t you hedge the risks?”
Zhang Sanshi also nodded and said with a smile: "Weilan is still very good, and the delivery volume has increased significantly every quarter.
Last year, more than 11,000 vehicles were sold, and this year we are expected to triple the number of deliveries on this basis."
Zhang Sanshi glanced at Li Bing and said, "Lao Li, are you right?"
Li Bing nodded hurriedly, "Yes, yes, we are still confident of the annual delivery volume of 30,000 vehicles this year."
After saying that, the three of them all turned their attention to Zhang Yida, waiting for the latter's reply.
Zhang Yida is optimistic about the track of new energy vehicles and has relatively in-depth research on this industry.
In addition to issues such as immature technology and insufficient popularity of charging piles, the biggest problem is sales.
Only when sales volume increases can huge R&D and manufacturing costs be diluted.
"I heard that Tesla's Magic City factory is about to be completed and put into production, and domestic Tesla will be launched."
Zhang Yida still had a few words to say. Judging from the cases of other manufacturers building factories in China, it is almost inevitable that once a domestic version is produced, the cost will drop and the selling price will drop.
At that time, the domestic new car manufacturers, especially the Weilan priced at 300,000 to 400,000 yuan, will suffer a huge impact.
Li Bing looked unhappy. The Magic City factory was originally owned by Weilan Auto, but Tesla interfered with it, causing Weilan Auto's plan to build a factory to fail.
This is related to the “Automotive Industry Investment Management Regulations” newly introduced by the country at the end of last year.
According to the "Regulations", since the Tesla Gigafactory settled in Lingang, the capital of Shanghai, before Weilan, Weilan, which was slower, could not start construction of the Magic City factory until the production capacity of the Tesla Gigafactory reached 500,000 vehicles.
This is also related to various undesirable phenomena such as falsification of new energy subsidies and waste of resources.
Anyway, this matter has always been a scar in Li Bing's heart, the kind that hurts when it is exposed.
By the time Tesla produces 500,000 vehicles per year, the carcass of the Azure car will probably be too cold.
"In addition to the Magic City, the governments of Yizhuang, the capital, and Hui Province have also extended olive branches to Azure."
Li Bing put away his smile and said seriously. He knew that Zhang Yida was not an easy person to fool.
Because of the capital's alignment, it was not particularly convenient for him to take Ahri's money.
He has taken almost all the money from the top venture capital firms in the country, so Ruixiang has become a target that needs special attention.
Penguin is currently the second largest shareholder of Weilan. Counting Goudong, the total shareholding ratio is even higher than his.
He holds 14.4% of Weilan's shares and has 47% of his voting rights. This does not mean that his control is guaranteed to be secure.
Introducing Rui Xiang to adjust the shareholder camp will make him feel safer, and at the same time, it can check and balance the Penguin series.
Furthermore, getting a new amount of funds from Zhang Yida will also be of great help to Weilan, who is extremely hungry for funds.
Killing two birds with one stone!
He approached Zhang Yida many times, but was politely declined every time.
He once thought that it was because of Jia Yueting that Zhang Yida disdained the field of car manufacturing.
But this time Zhang Yida invested heavily in Tesla, giving him hope again.
Although they are senior brothers in name, Zhang Yida's position in the industry is different from his.
In order to make this trip smoother, he found Shen Beipeng and Zhang Sanshi and planned to let them help as lobbyists.
Li Bing hurriedly gave Shen Beipeng and Zhang Sanshi a look. The two understood each other and began to talk about how the local government was optimistic about Weilan Automobile.
Weilan Auto is currently in a big predicament, with Tesla constantly exerting pressure from the outside, which is coming to China's doorstep.
The internal cash burn is also very high, and the current market value of Weilan Automobile is not as much as the cumulative financing it has received.
Under this uncertain situation, capital tycoons such as Zhang Sanshi and Shen Beipeng have hesitated. Should they stop losses immediately or make additional investments?
The safest way is to use other people’s money to save Weilan Auto.
In this way, you don't have to take risks, and it also solves the problem of Weilan Auto's shortage of funds.
The short-selling activities of Zhang Yida's hedge funds have basically stopped, and they also made two to three billion US dollars from Weilan Auto.
The money is used to invest in Weilan. It can be said that it is taken from the people and used for the people. It does not matter even if it is completely lost.
"I invest in Weilan. Does Ponyma have no objection?"
Zhang Yida looked at the three of them jokingly. He didn't think Bonima would be so generous.
"You don't have to worry about this!"
Li Bing looked at Zhang Yida seriously, "As long as you nod in agreement, I will explain to Penguin."
Seeing that this matter was possible, Shen Beipeng also came out to help: "Pony won't be so stingy, and the real leader and soul of Weilan now is your senior brother Li Bing."
Zhang Sanshi also nodded, "Yes, Weilan is not a subsidiary of Penguin. We and other shareholders also have the right to express their opinions on this matter."
Li Bing looked at Zhang Yida, your doubts have been dispelled, it's time to give him a happy word!
Zhang Yida smiled and said nothing. The stock price of Weilan is still over 3 US dollars, so the timing of the move is still lacking!