Chapter 477 The small role of running a single
"Li Sang, thank you very much for your warm reception, please believe in our sincerity. I hope to get a reply as soon as possible. ”
"Thank you! Thank you also for your interest in our company. We will get back to you as soon as possible. ”
"I took the liberty of interrupting me."
"Huh."
“……”
Seeing those notebooks salute and leave, Li Yuan smiled and grimaced at Gu Yuqin behind him.
"Huh? Hee-hee. Gu Yuqin asked with a smile, "How are you talking?" Is there hope? ”
Li Yuan shrugged: "The devil is like this, it seems that he wants to take anything cheap." That kind of face is more disgusting. ”
The books just now,They came to negotiate the acquisition.。 Offered a price of $4 million and want to buy all of Phoenix New Energy?
Li Yuan really has nothing to say, how can he be more shameless than himself?
At present, the entire Phoenix new energy industry, a Suzaku No. 1 base, has invested 5 billion. If the second and third phases are in the last phase, the total investment can even exceed 10 billion. Can the hydropower station alone be won for a mere $4 million? Not even a fraction.
There are farms and pastures there, and the sheep grazing alone may be worth $4 million.
There are also more than a dozen shale oil and gas fields. At that time, the purchase price was also more than $270 million.
The annual gross profit of the solar water heater manufacturer is more than 1 billion soft sister coins, not to mention the valuation.
Even if all these assets are divested, there will still be photovoltaic assembly plants and silicon wafer production plants......
Also $4 million? Think you're a beggar?
Especially those books are still triumphant - Li Sang, we have a first-class brand, as well as our core technology. Only in our hands will this business prosper?
Li Yuan almost didn't laugh.
The current photovoltaic industry is almost starting from scratch, what first-class brands can there be? Moreover, they also have technology, and they do not need to introduce them overseas at all, and even have their own domestic equipment base. Do you have the brand and technology of your book?
In the end, it is nothing more than having dates and not hitting three poles. Those books are not sincere at all.,They think they haven't seen the world.,Find yourself to pick up the leak.。
……
"I'm sorry, is this the booth of Phoenix New Energy? Is your boss here? I made an appointment yesterday. In front of the booth, a young Western man in his early thirties appeared. He was dressed in a formal suit and carried a briefcase.
"I'm the boss here, Lee." Li Yuan smiled and shook hands with the young man. He was a little puzzled in his heart, this dress ...... Selling insurance? It should be another one who came over to pick up the leak, right?
The young man hurriedly smiled and shook hands with Li Yuan: "This is my business card." I'm Kevin, an account manager at Goldman Sachs. Fortunately. ”
"Oh! You may be seated! Li Yuan didn't talk nonsense, "Are you also interested in our Phoenix New Energy?" ”
"Of course. Plum. I think you should have the opportunity to become the largest solar energy company in China, and of course you have to raise money in the world's largest capital market. In this way, you can get a satisfactory return. ”
Li Yuan couldn't help but smile, feeling a trace of kissing when he fooled those local tyrants in his previous life to invest in Rao, it seemed that they were all like this, and they could make people's blood boil as soon as they spoke.
"Okay, okay! Kevin, you're from Goldman Sachs, and you should want to send us to the United States? ”
"Hehe, Li, you should be an internal school, if you hand it over to us Goldman Sachs, we will assist you in several rounds of financing throughout the process, and through our Goldman Sachs relationship, we will go to the New York Stock Exchange IPO at a very fast speed."
"Uh-huh."
"Lee, let's introduce myself first, we Goldman Sachs ......"
In the original historical line, the domestic photovoltaic industry did have the experience of listing on the New York Stock Exchange. And also once created a richest man in the country. That's Tin City Suntech!
But the good times didn't last long.
There are three main reasons for the failure and bankruptcy of Suntech in the tin market: first, when the market is hot, the price of silicon wafers, which is a key material, soars, and the production cost increases greatly because Suntech has no wafer processing capacity;
Second, when wafer prices skyrocketed, Suntech signed a large number of order contracts with wafer manufacturers to lock in prices in advance. However, the facts later proved that this was a mistake on the part of Suntech, because many domestic manufacturers saw the price of silicon wafers skyrocketing, so they invested in building factories to make silicon wafers, and the market supply increased, and the price of silicon wafers fell, and the later market price was lower than the price locked in advance by Suntech, which aggravated Suntech's losses.
Third, the 2008 financial crisis led governments to reduce subsidies for the use of new energy, resulting in a serious contraction of the market, which led to overcapacity in the photovoltaic industry.
It can be seen that the key is still in the silicon wafer. If there is no self-produced silicon wafer, it is easy to collapse the photovoltaic enterprise when the silicon wafer soars and plummets.
The other is the subsidies of various countries. To be honest, without this subsidy now, the photovoltaic industry will not survive at all, and can only be ruthlessly eliminated by the market.
Of course, when the domestic photovoltaic industry developed, it immediately faced the double anti-dumping investigation of European and American countries. With this kind of off-market move, it is hoped that it can stifle China's photovoltaic enterprises.
However, what I didn't expect was that domestic photovoltaic companies were too ruthless in their involution, and they didn't even leave a way to live.
When the anti-dumping investigation of European and American countries was halfway through, it was finally closed? Because all foreign photovoltaic companies are dead. There is no need to continue the investigation.
And Goldman Sachs is a world-famous Wall Street investment school, and this Kevin is Goldman Sachs...... One of the horses.
As one of Goldman Sachs' clerks in Europe, Kevin stopped by to see such an exhibition. Unexpectedly, he suddenly saw the opportunity of Phoenix New Energy, so he fooled Li Yuan to the IPO of the New York Stock Exchange.
So after listening to Kevin's self-introduction, Li Yuan immediately guessed his identity, he should be an errand clerk, and he has no ability to call the shots. Today's negotiations are also nonsense.
Although Kevin is still very discerning, he sees the development opportunities of the photovoltaic industry. But he's just a runaway character.
Let's be clear: To ordinary people, investment banks seem to be very high. It's basically looking up.
But in reality, the investment banking business is no different from other businesses, and the emphasis is on one - the problem of vision.
Generally speaking, investment banks will receive a large number of investment proposals, some of which are automatically delivered to the door, and some of which are found outside.
However, out of 100 investment proposals, only 3 or 4 can be selected in the end, with a probability of almost 4%. And the rest of the ones, which can really be listed, are also only about 2%.
In other words, the excellent investment projects that really break out of the encirclement are only about 7 or 8 out of 10,000!