Chapter 436: The Drunkard's Meaning

"I heard that ST Group has a new technology that can increase the voltage of lithium-ion batteries to 3.2V, but I wonder if it is true?"

Hunter Dupont looked at Hu Wenhai a little nervously, waiting for his reply. The lithium-ion polymer secondary battery www.biquge.info the pen "Fun" Pavilion has increased the battery voltage to 3.2V compared with the voltage of 1.2V of the first and second generation of water lithium batteries. This means that the application range of lithium batteries has completely gotten rid of the limitations of niche products and expanded to almost every battery field. What's more, compared with water lithium batteries with electrolysis problems, the safety of polymer batteries can almost be said to be a revolutionary progress!

On the surface, DuPont's lithium battery business is full of flowers and cooking oil, but in fact, Hunter DuPont knows that it is water that is hot under the oil pot!

If the water is boiling, he, the person closest to the oil pot, will be torn apart by the boiling oil and hot skin.

Why?

The reason is very simple, the third generation of lithium water battery, which DuPont has high hopes for, has problems that are difficult to solve after being put into large-scale use. The third-generation water lithium battery using ion permeable membrane is very easy to grow lithium crystal branches on the metal lithium electrode!

These lithium crystal branches can easily pierce the ion permeable membrane that separates lithium metal from the aqueous solution, and then electrolyze the aqueous solution under the "high pressure" of the third generation of lithium water batteries.

Although the brittle packaging adopted by the first generation of lithium water batteries is used, it will not cause dangerous safety hazards caused by electrolysis of aqueous solution. However, compared with the failure rate of the brittle packaging of the first generation of lithium water battery, the failure rate of the third generation of lithium water battery is quite touching due to the electrolysis caused by lithium crystal branches, and the final reaction to the failure rate of the brittle package.

Because the voltage of the first generation of water lithium battery is only 1.2V, there is almost no problem of water electrolysis. As long as there is no 1 in 10,000 accident in use, there is no problem with the normal product life. However, it is only a matter of time before the lithium crystal branches of the third generation of water lithium battery are generated, and it is almost 100% impossible to reach the service life of the product design, and even the service life of individual products is completely uncontrollable.

As a result, the three generations of lithium water batteries, which DuPont had high hopes for, had to fall into a dilemma.

If we continue to invest in the third-generation water lithium battery technology, solve the problem of lithium crystal branches, or solve the problem of puncture resistance of lithium-ion permeable membranes, or replace the metal lithium electrode with other materials - there are many directions to solve the problem, but each direction means huge investment and a long research and development process.

Water lithium battery technology has not been popularized and applied in the future history, and naturally it has insurmountable technical difficulties.

The performance of lithium water battery can be called "explosive" in theory, if it is really so easy to promote, it will not be even seen in the market for many years after solving the principle.

Even at the most optimistic estimates, DuPont technicians have given a timeline for technical solutions in 10 years. Finding materials to replace lithium metal electrodes is not just like the invention of electric lights, but also trying them out of countless materials. In order to solve the substitution of lithium metal for the anode, this requires a theoretical breakthrough in lithium battery technology.

Ion permeability membranes are puncture-resistant, but DuPont scientists found inspiration in brittle packaging and proposed the idea of a ceramic-based ion permeable membrane. If this road can be realized, the third generation of water lithium battery can usher in a brilliant success.

But the problem is that DuPont has almost nothing research and development foundation in this field. If ceramic ion penetration is to be successful, it also needs a theoretical breakthrough in materials.

In the face of this difficult route from scratch, even the most optimistic researchers dare not say that they will be able to produce results in a short period of time.

"Mr. Hunt is very well informed, and I do have this technology in my hands. Hu Wenhai nodded indiscriminately, and looked at Hunter DuPont with a smile: "Motorola once wanted to buy this technology from me, but they probably thought the price was too high-"

It is not surprising that Hu Wenhai knew the news to Hunter DuPont, there are people in the Motorola company who have secretly communicated with DuPont, otherwise how could Hunter DuPont calculate Motorola in the first place?

At the beginning, Hu Wenhai's offer to Motorola was to set up a wafer factory with the latest technology in China and transfer Motorola's chip design capabilities to China, and Motorola's chip business would be completely handed over to the foundry of the new technology wafer factory - which means that Motorola will completely become the comprador of Xinke in the United States.

Williams, the president of Motorola, himself from the semiconductor industry, gritted his teeth and rejected Hu Wenhai's proposal. But the news reached Hunter DuPont's ears through the line of the Edgar family, the legal department.

"Compared to our DuPont, Motorola's strength is not at the same level at all. Hunter DuPont laughed: "Just because they can't do it doesn't mean DuPont can't do it." ”

Hunter DuPont has now taken this news as a lifesaver, and the development of the third generation of water lithium battery is facing a serious crisis. If the lithium-ion polymer battery in Hu Wenhai's hands is put on the market, with its 3.2V voltage and energy density advantages, it will have a strong impact on the market of water lithium battery.

Hu Wenhai proposed the deal to Motorola two years ago, and according to the timeline he came up with at the time, it is now entirely possible that a technological breakthrough has been achieved.

But this also means that there is not much time left for Hunter DuPont.

Once the polymer lithium battery hits the water lithium battery market, the third generation of water lithium battery can not be put into commercial application for a long time. This project, which had brought him countless benefits, could ruin all his efforts in the DuPont family in the blink of an eye.

Now there is only one way ahead of Hunter DuPont, and that is to acquire the polymer lithium battery technology before Hu Wenhai launches this product.

Fortunately for Hu Wenhai, DuPont's R&D progress should be completely confidential. The defects of the three generations of lithium water batteries, Hunter DuPont does not think that Hu Wenhai will know. Without large-scale testing, this flaw was not discovered even by DuPont.

Sure enough, Hu Wenhai looked interested, nodded and said, "DuPont and I have good cooperation experience, if Mr. Hunt is interested, I don't mind continuing to cooperate with DuPont." However, I would like to know how much resources DuPont is willing to put into this. After all, it is not an easy task to develop a new polymer lithium battery. ”

"Of course, DuPont will not let its partners suffer from it. Hunter Dupont nodded.

Hu Wenhai smiled, just listening to a joke.

DuPont said he was innocent, just as Clinton's daughter-in-law said she had never broken the law or committed a crime.

If it weren't for the polymer lithium battery in his hands, instead of the follow-up technology developed according to the water lithium battery technology, let's see if Hunter DuPont would negotiate so "civilized"?

I am afraid that the first thing to greet Hu Wenhai was the lawyer's letter from DuPont's legal department.

"Let's talk about some real problems. Hu Wenhai was noncommittal to Hunter DuPont's statement: "Polymer lithium battery and water lithium battery adopt completely different technical routes, but DuPont has a first-mover advantage in lithium batteries after all, and cooperation is a beneficial choice for both of us." What is Mr. Hunt's proposal for a specific type of cooperation, an acquisition, a joint venture, or an agency?"

Hunter DuPont pursed the corners of his lips with some regret.

Indeed, he has some regrets in his heart, why is such a key technology in the hands of Xinke Company?

At the same time, Hunter DuPont is also a little frightened by Hu Wenhai and the company's R&D capabilities in lithium batteries, and their development of lithium battery technology has always exceeded the normal R&D speed.

Lithium polymer batteries have long been invested in research and development in the United States, but after investigation, DuPont's R&D intelligence department determined that it would take at least five years to produce usable results. In fact, this is still a very optimistic estimate, because the theoretical technology of polymer lithium batteries has still not made breakthroughs.

However, two years ago, ST has already made considerable achievements in polymer lithium battery technology. In fact, Hunter DuPont and DuPont's technical intelligence department suspect that Hu Wenhai should have a fairly in-depth theoretical study of lithium-ion batteries.

On the basis of this theoretical research, ST was able to come up with the technology of lithium water battery and polymer lithium battery with such rapid progress.

If you have a choice, what Hunter DuPont wants to get the most is naturally all the technical information about lithium batteries in Hu Wenhai's hand. With a theoretical breakthrough, DuPont can also achieve rapid progress in lithium battery technology in a short period of time.

"I have a proposal. Hunter DuPont put the wine glass back on the coffee table and cocked his legs: "It's better for ST and DuPont to jointly set up a research and development center for the development of lithium battery technology." We both put all the resources at our disposal, and the benefits are distributed according to the shares. What does Mr. Hu think?"

"I don't think so. ”

Hu Wenhai shook his head simply, and said expressionlessly: "What technology can DuPont invest in this R&D center? Is it the water lithium battery technology acquired from Xinke Company? Mr. Hunt said that it is all resources, and the full set of patents for water lithium battery should also be included, right?"

Hunter Dupont stumbled a little awkwardly, uh-huh, and finally had to shake his head helplessly.

DuPont is about to take out a joint venture with someone before the tens of billions of dollars of water lithium battery technology is acquired, and Hunter can fully imagine how this proposal will be violently attacked by the rest of the family.

"DuPont offers the world's most advanced R&D system, as well as the most outstanding talent and research team in electrochemistry. Hunter DuPont adjusted his sitting posture and said helplessly: "ST provides the theoretical basis, and DuPont's world-leading R&D team comes up with R&D results as quickly as possible, which is a win-win situation." ”

"...... like this" Hu Wenhai pondered for a moment and nodded: "I think it's okay, but how to solve the problem of share distribution in the R&D center?"

"Of course, the shares are calculated according to the capital invested!" Hunter DuPont hurriedly said: "The technology of ST can be converted into capital, and finally the shares will be divided according to the proportion of capital contributed by both parties. ”

Hu Wenhai shook his head with a smile on his face and said: "Does Mr. Hunt think that such conditions are fair? My requirement is that ST has at least a 51% stake in the R&D center and that the intangible assets must be re-evaluated for each financing. ”

The so-called intangible asset appraisal is a killer plan for the founders of ordinary high-tech companies to fight against capital.

If you want to maintain the founder's control of the company after the capital is introduced, the intangible asset valuation of the refinancing is a reliable method. This means that every time a company raises money, it has to revalue its intangible assets – patents, brands and trademarks – rather than allowing the influx of capital to turn the founders' shares into a pile of diluting figures.

In this way, it is obvious that DuPont will not be able to rely on its abundant capital to finally swallow the technology of lithium batteries in the hands of Xinke Company.

Of course, there are pros and cons. Such a scheme would generally scare away any venture capital firm. His threat to the company in the financing market is on a par with AB shares.

For Hunter DuPont, this is naturally unacceptable, even more unacceptable than not having more than half of the shares.

But as with any company with the capital to propose an AB-share listing, or any founder who dares to ask for an appraisal of intangible assets in the terms of financing, it often means that investors don't have much courage to reject them.

"The distribution of shares according to capital, which is an international practice, I don't think there is anything unfair. Hunter Dupont loosened his shoulders and pretended to be indifferent and said: "I hope that our cooperation can be a win-win situation, and Mr. Hu should show some sincerity and courage." ”

"How many people have Mr. Hunt said this?" Hu Wenhai seemed to be very interested, leaned over and asked, "How are these people doing now?"

"What ...... this?"

Hunter Dupont muttered something stupidly, his expression a little impatient.

"The current partnership between DuPont and ST is very rare, and I hope Mr. Hu will think it through. Hunter DuPont stood up: "DuPont holds all the patents for lithium-ion secondary batteries, and even if ST has any new technology, it is impossible for it to bypass us to go public." ”

"Lithium-ion polymer batteries and water lithium batteries are two technical routes, and the patents in the hands of DuPont are not involved in the technology at all. Hu Wenhai replied categorically.

"Well, I think Mr. Hu can negotiate with DuPont's legal department. Whether this is the case or not is still subject to a trial by the U.S. Patent Court. ”

Hunter DuPont has made up his mind that if he can't master the technology of lithium polymer batteries, he will ruin it! DuPont has many means at its disposal, and endless litigation is the most preferred way for the consortium. Barristers with high seniority also prefer this kind of patent lawsuit. Because it means a lengthy litigation process and a huge amount of paperwork to prepare. After five or ten years, this means that a law firm has won a golden job.

When the verdict comes out, maybe the problem of the third generation of lithium water battery has been solved.

It's the worst option, but Hunter DuPont has to show that he's not stingy with making such a decision. Because his true purpose is anything but that.

Of course, DuPont and ST don't necessarily have to go down this path. Hunter DuPont made a hypocritical amicus face: "I heard that Mr. Hu is looking for a channel of communication with Hughes, and as a partner, DuPont may be able to provide some help." ”

"Can DuPont convince Hughes to stop putting pressure on Kuwait?" Hu Wenhai was a little surprised, and nodded neatly: "If DuPont can convince Hughes, I can make concessions on lithium battery technology." ”

"Uh-"

Hunter DuPont hesitated a little awkwardly for a while, and finally had to say: "I'm afraid it won't work, whether you can persuade Hughes to withdraw can only be your own efforts." What DuPont can do is build a platform for dialogue between the two of you. ”

"That's not needed. Hu Wenhai swore in a confident tone: "It won't take much time, Hughes will come to the door by itself." ”

"It's a shame. Hunter Dupont was condescending and threatening: "There is no need for Hughes to meet with you, and it is even more impossible to negotiate peace." ”

The DuPont consortium is also a mainstay in the US military-industrial complex, and its own intelligence on the international arms market is not even much worse than that of the US government. The projects developed by China in Kuwait cannot be concealed from the investigation of those who are interested in it, and whether it is Iraq or Kuwait, they are basically infiltrated like a sieve for the Americans.

The purpose of Hu Wenhai's visit to the United States this time is not a secret to these high-level relevant people at all.

Just as Hunter DuPont said, Hughes did not want to negotiate with China on the Kuwait issue at all, so much so that Hu Wenhai came to the United States for so long that he did not even receive a warning -- Hughes completely regarded China as a transparent person.

Or to put it another way, Hughes did not see Hu Wenhai as a negotiator at all. Unless it is the Chinese government that comes forward to coordinate, Hughes does have the confidence to do so and does not need to be too enthusiastic. But the problem is that if the Chinese government comes forward, even if political and diplomatic issues are aside, I am afraid that the country will have to cut off a large piece of meat to feed the vulture of Hughes first.

If nothing else, Hughes is quite dissatisfied with the fact that China has never given up copying the AIM-54. The missiles and other accessories of the F14 fighter have at least $40 to 50 million a year in business. If the Chinese side succeeds in copying, Hughes's loss may not be small.

If you really want the official to come forward, it is difficult to say whether China can take the Kuwaiti project, at least the imitation of AIM-54 will definitely be resisted.

If DuPont can convince Hughes to negotiate privately with Hu Wenhai, who represents the country, at least the imitation of AIM-54 will not be put on the table.

But Hu Wenhai's performance did not seem to be worried about Hughes's contact, and he said confidently: "Whether Hughes will contact me or not, I don't worry about Mr. Hunt." In a month at the latest, I think there will be a result. ”

"In that case, I'll come back in a month. Hunter DuPont simply raised his leg and left, and after taking a few steps, he suddenly turned around and looked Hu Wenhai up and down: "Mr. Hu's plan is not to block Hughes on the stock market, right?"

"Leave it up to Mr. Hunt to judge for himself. Hu Wenhai smiled mysteriously, picked up the wine glass and tasted it himself: "Life is like this glass of wine, if you don't try it yourself, you will never know how much you drink." ”

"Okay, then I'll see. ”

After Hunter Dupont finished speaking, he pushed open the door of the villa and walked out neatly. A short time later, a car pulled out of the gate of the villa's exterior wall and drove onto the avenue leading to New York.

Hunter Dupont didn't drive far and pulled over on the side of the road. He held the steering wheel in one hand and picked up the receiver of the car phone in the other, visibly hesitating.

But after a moment, Hu, he still pressed a few numbers. After a few waiting tones, a shrewd man's voice rang out from the earpiece.

"Mike, it's me, Hunter Dupont. ”

Hunter Dupont's voice was the same as when he faced Hu Wenhai, calm and atmospheric, like the commander of an invincible army in the world.

"Oh, hi, Mr. Hunt, what can I do for you?" said Mike's shrewd voice on the phone, as if he was ready to go.

"I came out of Hu Wenhai, obviously he was really going to do something in the stock market. Hunter DuPont scrambled the microphone between his shoulders and pulled out a notepad from the passenger compartment: "Those rumors on Wall Street seem to be true, and I want you to be prepared to keep an eye on a few key stocks." ”

"Okay Mr. Hunt, ha, is that Chinese Hu ready to fight against the whole of America? You say, I will definitely seize the opportunity to eat up his chips as soon as he enters the market." Mike's voice was inexplicably excited.

"Well, you remember. Hunter DuPont began to read, "Hughes, Raytheon, Ford, ......."

According to the records on the notepad, he read out a list of company terms one by one. It didn't take him a moment to write down the names of the companies.

"Mr. Hunt, please rest assured, I will let this Hu from China know that it is amazing!" Mike's excitement could not even hide the phone, it was almost overflowing.

"Who said that you were going to stop Hu Wenhai?" Hunter Dupont frowned and said sharply: "I want you to pay attention to these stocks and short them as covertly as possible within a month!"

"Huh?" stockbroker Mike was dumbfounded: "Mr. Hunter, you mean to do the same operation as the Chinese? This is the enemy of the whole Wall Street!"

"Hmph. ”

Hunter Dupont snorted lightly and asked rhetorically: "Is there anyone on Wall Street who can make 10 billion dollars in two years?

"This man has never failed in financial investments!" )