Chapter 267: BYD

Zeng Yuqun is a person with industrial ideals, and the sensitive Sino-Japanese relationship makes them known as two devil enterprises in the industry. Zhou Shi and Zeng Yuqun chatted a lot, knew some insiders, and made some preparations for the offer.

The first offer is very important, too high a price may raise TDK's expectations, and too low a price may show that Galaxy Capital is not sincere. However, if there is normal communication, TDK also intends to give up part of the equity, and they will ask Galaxy Capital to do due diligence and quote according to the company's financial situation. If it doesn't go well, Galaxy Capital can only make an offer first to arouse their interest and get a chance to negotiate.

Galaxy Capital contacted ATL, and ATL contacted TDK to discuss the investment in the shares. According to historical development, TDK should be acquiring a European company, and their company in China is laying off employees, so there should be a lot of problems. However, they inexplicably rejected Guoke's shareholding cooperation and accepted Galaxy Capital's negotiation request.

At this time, Galaxy Capital in China absorbed many employees of Lehman China, and nearly half of them were foreign employees. Naturally, the cooperation negotiation with TDK is to find crooked nuts to be responsible. Reluctantly, Guoke found a partner with SoftBank, hoping to help them convince TDK. Although it is a little useful, it is not very useful, and they would rather talk to Galaxy Capital.

Zhou Shi was not needed for specific negotiations, and with the liquidation of crude oil, he let it go. Although Zhou Shi knew that the price of crude oil in his previous life had hit $150 a barrel, and there were calls for $200 a barrel everywhere in the market, the current crude oil price was around $135 a barrel, and the highest price had not exceeded $140. Zhou Shi still chose to close all options and futures.

Zhou Shi's liquidation is not a trivial matter, who let him accidentally buy a lot. Whether it is a direct purchase in the secondary market or an over-the-counter transaction, Zhou Shi participates. This time, he entrusted the liquidation to UBS, and in order to provide them with better service, he not only paid a handling fee, but also gave a lot of dividends. For a profit of more than $136, UBS traders can get a certain percentage of dividends, and if the transaction is less than $134, dividends will be deducted. If the transaction is not completed by the end of June, the dividend will be cancelled. If they can go to a high point, even if it is around $138, they can make tens of millions. You know, it's just for traders, and it's already a lot. Such a simple closing of positions can't be done, and they don't need to do this business.

Zhou Shi calculated, paid off the arrears abroad, and there were more than a billion dollars in profits. These profits can still be entrusted to UBS to help you buy some stocks, yes, continue to buy some European stocks. Zhou Shi thought about it, and the corners of his mouth drooled.

"What is so happy?" said Li Ying

"It's nothing, it's just that there are too many profits this time, and I don't have to pay taxes to the US imperialists, which is very cool. "Zhou Shi, the United States imperialism does not tax the capital gains of overseas people, which is why Zhou Shi has been speculating in stocks and futures. Whatever else is started, the US imperialist has to collect taxes, why doesn't he do this most profitable and not collect taxes.

"Oh, you're really optimistic about the battery industry?" Li Ying

"Yes, whether it is a mobile phone or a new energy vehicle, it is a good business. ”

"Then why don't you just buy BYD's shares, they have a great advantage in new energy vehicles and batteries. "Li Ying

"BYD?" Zhou Shi is certainly familiar with, not only because of the way his car is named, but also because of Buffett's concept, Buffett seems to have invested in BYD at this time!

Zhou Shizhen admired the old man, his successful investment experience made him very credible on Wall Street, even the subprime mortgage crisis needed him to help build everyone's confidence. Even the formidable Goldman Sachs turned to Buffett's credibility and money to avoid bankruptcy or acquisition in the subprime mortgage crisis. The domestic understanding of him seems to come from two cases, one is PetroChina and the other is BYD. BYD, in particular, almost invested in the subprime mortgage crisis at its worst, and then bucked the trend and was pulled up rapidly.

BYD's growth is also a legend, they take technology as the king, adhere to research and development, independent innovation in the field of mobile phone battery foundry has become a well-deserved industry first, and it can continue for many years. The business area has spanned four major industries: electronics, automobiles, new energy and rail transit, and has also involved mobile phones, computers, home appliances, solar energy, IT, etc. Until CATL surpassed him in the field of batteries.

CATL has developed ternary lithium batteries, which have the characteristics of high energy density and low cost, while BYD has developed lithium iron phosphate batteries, which are characterized by low energy density but fast charging. In the end, the market chose ternary lithium batteries, which is also the key to CATL's surpassing BYD. Zhou Shi also said that the key to their victory or defeat is technology or business model. CATL only makes car batteries, and this kind of battery is inexpensive. BYD does everything, and the entire industrial chain is involved. From this point of view, even if BYD's technology is leading, there will not be many traditional or emerging car manufacturers who will support it.

Zhou Shi's reason why he didn't want to invest in BYD is very simple, as a successful entrepreneur, it is difficult for Zhou Shi to obtain enough equity and control the development direction of BYD. Just like Goudong's Dongge also said that if he can't control Goudong, he would rather sell him. If he just invests in BYD, he doesn't need to make his own move.

As the two talked, they decided to buy BYD shares directly from the secondary market.

"Aren't you doing venture capital?" Zhou Shi suddenly realized something.

"Well, it's not like I haven't found a suitable target for the time being. "Li Ying

"You!" Li Ying in his previous life was obviously strong, why hasn't he shown it now, he is smart, but he hasn't shown much ability. Could it be that after having a relationship with him, people have lost their enterprising spirit?

"If there is no goal, then we have a ...... investment" Zhou Shigang wanted to say something, and suddenly realized that this company was not invested with Li Ying.

"What are you investing in?" asked Li Ying inexplicably.

"DJI, that drone company. This earthquake, his ability has been fully demonstrated, and the future development will not be bad. When the prices of various electronic components fall and DJI opens up the consumer market, his achievements will be even greater. "Zhou Shi

"Drone, is this market really big?" Li Ying

"If his price is the same as that of the Fruit Shell mobile phone, and the performance is excellent, do you say that there are many people who buy it?" Zhou Shi

"yes, it's a really big market. "Li Ying

"Also, there are action cameras. The drone plus the action camera is a perfect match. Zhou Shi opened up again and gave Li Ying more help.

"Another thing is to look at the App Store and Google Play download rankings, and if there are any startups, invest in them. ”

"And ......"

(End of chapter)