Chapter 21 Speculation and Investment
After visiting Xizhai Elite Primary School and seeing the high-quality educational environment created by Xizhai Education Group, Wei Siming finally made up his mind to return to China, and Zhang Ya was also transferred back to China from the European branch, but he was also responsible for European and American business. Mr. and Mrs. Wei Siming have lived in Europe for 12 years, and they have made considerable achievements in the new energy industry, and their influence is also very high.
Lin Quan transferred the equity of Jinghai Electric to the name of United New Energy, so that the total investment of Liantou in United New Energy exceeded 900 million.
Mr. and Mrs. Wei Siming exchanged US$2.6 million and US$400,000 worth of patents for 2.5% of the shares of United New Energy, Xu Hongfa, Ma Xin and Yuan Jian exchanged the shares of United New Energy Lighting for 3.5% of the shares of United New Energy Group, and United New Energy Lighting became a wholly-owned subsidiary of United New Energy, while Zhang Biyun, Ye Jingqiang, Gu Liangyu, Shao Bing, Qian Wei and others invested a total of 80 million yuan in exchange for 8% of the shares of United New Energy. Combined with the 2% equity expectation of researchers led by Yan Lihuang, Deming and Qin Yu, Liantou's stake in United New Energy fell to 84%.
In order not to occupy the development funds of United New Energy, Liantou will spend 200 million yuan to purchase 22% of the equity of Xinbo Silicon Industry from United New Energy, and this huge amount of money will be used to pay for the later construction funds of Xinbo Silicon Industry.
Wei Siming looked at Lin Quan's deep eyes, Lin Quan gave others a very deep impression, that is, he felt that he was always paying attention to you, and he didn't like to dominate the rhythm of the conversation, but he clearly grasped the thinking and true thoughts of others, which was probably the charm of Lin Quan, and Wei Siming and his wife had to be impressed.
In order not to occupy the development funds of United New Energy, the garden houses prepared for Wei Siming and his wife are all properties under the name of Liantou. On the second day of Wei Siming's decision to return to China, Lin Quan held a small-scale cocktail party in the garden house prepared for Wei Siming and his wife, which was attended by the visiting personnel and Yan Lihuang, Xu Hongfa, Dai Ming and other well-known scholars in the field of new energy photovoltaics.
Wei Siming smiled at Lin Quan: "Mr. Lin is the investor I have ever met who is the most enthusiastic investor in the new energy industry. ”
Lin Quan said with a smile: "Brother Wei is talking about my investment in solar power or my investment in Xinbo Silicon Industry?" ”
Wei Siming said with a smile: "Whether it is investing in Xinbo silicon industry or solar power, you always need extraordinary vision. ”
Lin Quan said: "I am an investor, it is better to say that I am a speculator, the investment cycle of high-purity silicon is long, Xinbo silicon industry has been under construction for three years, and it is not possible to ensure that it will be put into production before June next year." Today, the output of high-purity crystalline silicon is only 30,000 tons, mainly for semiconductor manufacturers, the amount of materials used in the photovoltaic industry is less than 3,000 tons, if the photovoltaic industry maintains the current annual growth rate of 20%, four years later, that is, in 07 years, the photovoltaic industry's demand for raw silicon will surge to 6,000 tons. A 10% gap between supply and demand would be enough to increase the price of raw silicon by 20%, but the gap will not be filled until around 2010, when the PV industry will continue to develop and further expand the demand for raw silicon. Considering the dynamics, the money invested in Xinbo Silicon Industry will only take eight to ten years of normal operation to recover. ”
Lin Quan paused, stared at everyone with blazing eyes, and said, "Maybe everyone will think that this rate of return is far inferior to the current real estate industry. But I also take into account one factor, that is, all countries are active in formulating new energy policies, especially this year's Germany is going to revise the new energy bill, I think it is impossible to just change the details. ”
Wei Siming said: "At present, all walks of life do not have too many expectations for whether Germany's new energy policy can make a breakthrough this year, but I am afraid that Mr. Lin will be disappointed at that time." ”
Lin Quan smiled and said, "It doesn't matter, it's just speculation, it's just a one-tenth chance!" What's more, Xinbo Silicon Industry will not let me lose money, make less money, I can bear it. ”
Yan Lihuang said beside him: "When you invested in Xinbo Silicon Industry, you didn't say that to us. ”
"Who knows? I don't usually let others be more optimistic than I am. Lin Quan patted his forehead and said with a smile, "Teacher Yan thinks that China can pass the "New Energy Amendment Act" this year? ”
Yan Lihuang didn't mind him diverting the topic and said: "There will be no Ministry of Energy in China for the time being, and the function of energy management is still in the National Development and Reform Commission." Special Energy Bureau, but in order to strengthen the leadership of energy work, the establishment of a national energy leading group, by the premier, two vice premiers personally in charge, this year can pass the "new energy revision plan" is not clear, but will increase the establishment of the Energy Bureau, that is, the new energy office, mainly to strengthen the development of new energy. ”
Lin Quan sighed and said: "The focus of the development of domestic new energy is still in wind power and biological power generation, and the photovoltaic field will still bloom in the wall in the next few years. ”
Lin Quan leaned over and said to Zhang Ya: "Hutchison Industrial and Dongdu Group are interested in entering the wind power manufacturing industry on a large scale, and the core technology of wind power facilities is in Central Europe, Northern Europe, and the European branch to contact it. ”
Wei Siming said with a smile: "Even the price of the drawings and manufacturing licenses of the 'megawatt' wind turbine is more than 1.5 million US dollars, and the introduction of core technology is at least tens of millions of US dollars, and the requirements for domestic manufacturing level are also very high." ”
Lin Quan said: "Hutchison Industrial has no shortage of funds in hand, Hutchison Electrician, Dongdu Electric and Jinghai Electric's manufacturing level can barely keep up, wind power equipment manufacturing industry is a strong industrial driving force industry, the core components are motors, gearboxes, blades, electronic control equipment and yaw systems, etc., these are important components of modern manufacturing, as long as the core technology can be introduced, it can greatly promote the technology and manufacturing level of Dongdu Group, Hutchison Industrial and Jinghai Electric, and can also promote the level of domestic manufacturing." ”
Wei Siming nodded, glanced at Yan Lihuang, and said: "There are more and more visionary industrialists in China, wind power is currently the most important one in the field of new energy, and the cost of wind power generation can also be accepted in China. ”
Lin Quan smiled and said to Yan Lihuang: "Teacher Yan, I just said that Brother Wei and Sister Zhang Ya are treasures, and they have to be deceived to return to China by all means, and they play a great role in the field of new energy." ”
Yan Lihuang smiled: "Let you say this, I will help you deceive Siming back as an accomplice?" ”
The crowd laughed.
Deming said: "The patent fees paid by each subsidiary this year will reach 10 million, and the total amount of the group's investment in research and development will be reduced by 50% compared with last year." However, last year's investment was mainly in infrastructure construction and the introduction of precision experimental instruments and equipment, and the research funds for the project have increased by 20% relatively speaking, which is enough for this year. By the next year, the production capacity of the subsidiary will increase, the most important thing is the production of Xinbo Silicon Industry, and the annual patent fee will surge to about 40 million, and the group will not need to feed back to the scientific research center. ”
Lin Quan shook his head and said: "I think the group's investment in the scientific research center will remain unchanged for ten years, and the increase in patent fees can add new research fields and introduce and train new talents." The investment of international manufacturers in the field of photovoltaic research is more than 10 million US dollars every year, and we invest the same funds, but we can do more than them, I believe there will be more generous returns, not to mention ......" Lin Quan said this, and glanced at the members of the delegation next to him, "The research environment of United New Energy is not enough to attract all the outstanding talents here." ”
Wei Siming gently hugged his wife Zhang Ya's shoulders and said with a smile: "In addition to the two of us, there are two more people who will work in the European branch, and my British colleagues are more conservative, but they can cooperate closely with United New Energy." If I had brought new energy research at Birmingham University of Technology to a standstill because of me, I would have been put on the list of persona non grata by the British political axe. ”
Lin Quan patted the back of his head and smiled awkwardly: "I'm too greedy, I can't wait for the outstanding talents in the field of new energy to gather in Jinghai." ”
The crowd laughed heartily. Yan Lihuang sighed with emotion: Lin Quan's charm and courage, coupled with abundant funds, are bound to gather more and more outstanding talents in various fields to him.
Lin Quan wanted to arrange a house for Yan Lihuang, but Yan Lihuang did not accept it, he was in Jinghai, either in the expert apartment arranged by Jinghai University, or in the staff dormitory building of United New Energy in Tongnan High-tech Zone.
Coming out of Wei Siming's house, Lin Quan sent Yan Lihuang to the expert apartment in the university town by car, and when he came out of the university town, Lin Quan asked Ji Yong to drive the car to Geng Yimin's house at No. 5 Huayuan Street. Geng Yimin had just returned home, and the two cars met when they turned into Huayuan Street, one after the other drove into the deep house at No. 5 Huayuan Street. Geng Yimin is quite concerned about the recent situation of the new energy industry, and Lin Quan will report to him the dynamics of Liantou New Energy as soon as possible.
(To be continued)