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, one of the major shareholders, and 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 be developed within ten years, it is not a problem to triple or triple.
The huge market naturally also requires a lot of thinking.
Meng Qian talked about his thoughts: "My positioning for the current technology is that it can maintain a lead for about five years, and although Japan already has inspired technology, it is okay to lead in five years. During this time, I want to absorb as much capital as possible and occupy the market. ”
"Is there a guarantee of follow-up technology?" Tiger asked.
"Yes." Meng Qian replied affirmatively, "Assuming that new technologies will be produced in five years, when Fuguo Power cannot maintain its advantages, new technologies will be connected in due course." ”
"You have the advantage that you can build a new energy empire." Tiger said.
"But I don't have many ideas for specific business and strategy issues." Meng Qian also honestly admits his shortcomings, and he can't compare the other party's experience.
"The most important thing a program needs is funding, followed by connections." Tiger points out two points.
"Please." Meng Qian waited for his thoughts.
"The best way to absorb capital is to go public, and if there is a good operation strategy, it is feasible for Wells Fargo Power to go public within three years, and it can also generate profits."
Meng Qian can understand that although the company does not plan to pay dividends, the shares are very valuable and easy to cash out.
"In terms of connections, it's not too difficult to deal with. Although it will harm the interests of traditional fields, new energy is the trend of the general environment and can unite many people. ”
……
They talked a lot about operational issues.
This "new energy empire" will be a huge plan for a long time and a division of the future.
It needs at least two representative enterprises, and Fuguo Power is the first step, which is responsible for developing the market, absorbing investment, and promoting the development of new energy;
On the way, the second company debuted, which will master new technologies and form a complementary form with Fuguo Power, one high-end, one low-end, singing double reed;
Then, before the technical advantage of Wells Fargo Power is lost, the "planners" will slowly sell its stocks, distribute its funds, and leave an empty shell for outsiders;
In the end, the new company will take over the country laid by Fuguo Power and lead for more than ten years.
That's the abbreviation of the plan.
But there are too many cases where the plan can't keep up with the changes, not to mention that it has to be planned for the next two decades, and the road is full of uncertainties. At present, Toyota has come out halfway, and it has also lowered the outside world's assessment of the value of the Wells Fargo Group. The only thing that has a strong guarantee is technology.
Technology is always the key, and Meng Qian has the key.
So Tiger Stone didn't hesitate to join in and become the planner.
Even if he can't succeed in the end, with the shares of the company he holds, he can still make huge profits when he sells them after going public -- not to mention that it still has a great hope of success and will definitely make more money. When the benefits far outweigh the payouts, there's no reason why he shouldn't participate in the program.
Of course, Tiger Stone did not have Meng Qian's idealization.
He knew that there would be many problems and difficulties, but he was an adventurist, and he had never seen any storms and waves in his life? Meng Qian's audacity rekindled his long-dissipated agitation. Feeling. He enjoyed the thrill of conquering his opponents, and Meng Qian brought opportunities.
……
Once you have a plan, you need to take the first step.
A few days later, another domestic 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, it's a pleasure to meet you!" ”
"Hello, young man." Steve Rosenstein shook his hand.
Tiger Stone briefly introduced: "He worked in a Wall Street investment bank, and he was able to package a poorly run company into a perfect listed company. ”
"He's a legend." Liu Jianye also knows.
"I'm almost an antique, I didn't think there would be admirers." Steve Rosenstein said wittily.
Meng Qian looked at this uncle in a suit and a little beer belly, and his face looked quite kind.
But Tiger Stone specially invited a friend, and his strength is certainly not simple. According to reports, he is a member of a Jewish family, involved in the fields of finance and computer technology, and has his own bank, which can be said to be an important symbol of the consortium, and they are in charge of money.
"With you involved, I'm sure things will go more smoothly." Liu Jianye has simply become a fan.
"He will." Tiger Stone beckoned them to sit down and explained, "This is a plan proposed by Mr. Meng, and of course it comes with crazy gains. ”
It took some time to discuss this plan.
None of you hesitate to "do it or not", skip this step and consider how to implement it.
"Going public in two to three years is enough time for investors to get out of the way," Rosenstein said. But if it goes to market too early, it will not be worth much. ”
Tiger Stone laughed, "Isn't that what you're good at?" ”
Rosenstein said: "It's up to you to make as much fame as possible, to press your opponents, to show great prospects, and I'll be in charge of creating a beautiful coat for you." ”
Liu Jianye said: "How about the cooperation in China's large automobile consumption market? ”
"Bonus points." Rosenstein was satisfied.
Tiger Stone also said: "Multiple rounds of big investment and good singing from all walks of life can drive it. ”
Everyone has provided a lot of ideas and plans, they are the current planners, and they will have to join more powerful friends and giants in various fields in the future to ensure that this plan is carried out safely; The people in front of him will naturally have all kinds of ghosts, snakes, and gods to deal with.
A few days later, there was big news in the battery industry.
Wells Fargo Power is established in San Francisco and will invest in a partnership with Tesla's Giga factory to build a gigafactory with an annual supply of 600,000 vehicles. Business appraisal agencies believe that the new technology coupled with high production has made Musk's gamble a good start.
After the news of Wells Fargo Group's official entry into the United States came out, news newspapers and economic weeklies in Europe and the United States began to sing all the way about the prospects of the new energy industry.
Soon after, the media once again received a bombshell news, several well-known holding companies and foundations, jointly carried out the first round of financing for Wells Fargo Power, this time the amount of financing reached a rare 2.5 billion US dollars - the first round of financing, generally hundreds of thousands to millions is more common.
The first round is 2.5 billion yuan, usually an acquisition.
But this time it is indeed financing, and they are all big companies. The $2.5 billion financing of 12% directly pushed the valuation of Wells Fargo Power up to $20 billion. This is unimaginable for a newly established business. The key is also the role of new technologies.
Before the division of Fuguo Energy, it is worth 30 billion US dollars, Fuguo Power has a complete technology and a broader market, this price is also in common sense, the economic media did not make a fuss, very optimistic about the development of Fuguo Power and the field of new energy.
Because with this $2.5 billion in funding, the company is bound to make even bigger moves.
There is a grapevine that the rich country power will focus on taking care of their birthplace - China. The future world's largest economy, as well as a huge consumer of automobiles, has inherent advantages, and the Chinese government is particularly supportive of the development of the new energy industry.
Subsequently, Wells Fargo officially confirmed the news.
Their subsidiary, Fuguo Power, will jointly spend $3 billion with China's Yadi to build Asia's largest super battery factory for the power battery field. And Yadea Auto has invested heavily in the new energy era to seize the Chinese market.
As soon as this news came out, it caused a lot of heat again.
The United States and China, the two big countries, have already started to build battery factories, and they are all spending three or five billion dollars at every turn, and there is no hesitation at all. But no one doubts that they will make the wrong bet, because the advent of new batteries has opened the most difficult hurdle for new energy.
The tipping point of the electric vehicle industry has been broken.
Car companies all over the world are paying close attention and are ready to move, and a new era has begun.