Chapter 204 Investing in BYD
The wedding process is very simple, of course, there is no word "Create Brilliant Again" sent by the general logistics in the middle, it is even simpler.
Chu Qing wanted to push Wei Zheng to the front desk, in addition to the fact that he was his own person, he used to rest assured, and more importantly, it was this label on him.
The heroes who came down from the old mountain responded to the call to go to the sea to start their own businesses, and this shining identity change is something that many people are willing to see.
In particular, the money he donated for those comrades-in-arms in recent years also played a role. So it is natural to dredge up the relationship a little and get official support.
After the ceremony, the huge banquet hall became a social occasion.
"Mr. Chu, I am a speaker, and I hope to carry it more in the future."
"Chairman, I am an offline agent, I hope that BBK can get better and better" Chu Qing took Wei Zheng with him, followed by the company executives who helped block the wine.
At Chu Qing's current level, he treats and drinks, who drinks and how much he drinks. Whoever has to drink it or not has become an art.
Everyone present also knows what to expect. When he arrived at the broker's table, the glass of wine in Chu Qing's hand had just been drunk.
"Mr. Ren, Mr. Wang, Mr. Yu! I'm sorry to be lazy, Tesla will rely on you in the future, I'll toast you first. This time, without waiting for them to speak, Chu Qing took the lead in filling the wine glass.
Tesla's listed underwriters are basically determined to be these two. Both Huaxia and Cathay were established after the reform of '92.
Among domestic brokers, it is not very strong. On the contrary, because of some of its own problems, the performance seems to be a bit crane-tailed.
Especially Huaxia Securities, there have been internal problems in the past two years. Generally, under normal circumstances, companies will have more and better choices.
But Tesla's listing itself is not based on solid performance. If you find a few stronger ones to underwrite, it will not be of much benefit to him or Tesla.
On the contrary, this kind of market performance is not good, and it is beneficial for both parties to cooperate with those who urgently need performance. Besides, Tesla isn't really that bad.
Last year's electric vehicles achieved very good results. Even if there is moisture, it is better than other people who only know how to do financial reports.
"Where! Where! With the wise leadership of Chu Dong, Tesla will surely shine like backgammon. Several people also know Tesla's current situation, and the reason why they dare to undertake it is because of Tesla's recent data, and it is more of a recognition of Chu Qing.
In today's stock market situation, since he dares to enter the market in a hurry, it shows that he is mentally prepared to break.
Whether it is BBK's logistics and flagship stores all over the country, or his strong publicity ability. As long as he is willing to intervene, then Tesla's future performance will not be bad.
As for the problems under the books, that business is not running with illness now. Besides, the two of them are also betting, betting that Chu Qing will not leave it alone.
Judging by today's situation, it seems that they have made the right bet, and Tesla's propaganda offensive has already begun from now on.
Otherwise, the total logistics, not everyone will send words, and they will also be sent at the wedding stall. That's how competence comes in.
The three parties said a few more polite words, and Chu Qing went to the next table. Wang Chuanfu, who had been sitting on the side, had been paying attention to Chu Qing since he appeared.
He looks very handsome, he is not very old, he is only twenty-three or four, and he has a special feeling of dusting when he stands in the crowd.
The most special thing is that he does not have the shelf of those big business bosses at all. After working for four years, he has also met many corporate CEOs.
There are also such young people, but basically in those people, the brand of the nouveau riche of this era is indispensable.
But now, Chu Qing's first impression of him is different from them. Especially compared with the legendary experience of BBK's entrepreneurship, he admired this young man a little more, and also strengthened his determination to start a business.
A person like this legend dares to spend a lot of money to invest in the electric vehicle industry, which shows that there is definitely a market for batteries.
"Hello Mr. Chu, I am Lu Xiangyang of Rongjie, and this is my cousin Wang Chuanfu." Just when he was still thinking about it, Chu Qing and his party had already come to their table.
I don't know if it's an illusion, when Chu Qing heard his name, he was originally a little drunk, but he instantly sobered up a little.
A pair of dark eyes, as if they had found a light in the darkness, looked straight at themselves.
Lu Xiangyang, who was supposed to sit down after introducing himself, also saw that Chu Qing was interested in his cousin.
Immediately busy and uncomfortable introduced.
"Chuanfu was originally in the Nonferrous Metals Research Institute, and was mainly responsible for dry batteries. Now he is ready to resign and go on his own, and he hopes that Tesla can help him more in the future. As he spoke, he also touched Wang Chuanfu and asked him to hurriedly take out the business card that had been prepared long ago from his pocket.
"It's good to make batteries, the future battery market is promising, and we are also looking forward to further cooperation with BYD." Chu Qing took the business card, put it in his pocket after a little glance, and for the first time, took a business card of his own from the entourage behind him and handed it to Wang Chuanfu.
"After these few busy days, Mr. Wang can come to Tesla to sit down, and let's discuss the future of batteries together." Chu Qing's enthusiasm made several people at the same table cast sideways expressions.
Although BBK and Tesla have been increasing the research and development of batteries, they did not expect that Chu Dong would be so optimistic about the battery industry.
A small company that has just been established can give such a high level of courtesy. To know Chu Qing's personal business card, there are not many people present who can get it.
This made many people at the banquet begin to think about whether the battery is really that promising.
"Definitely, definitely! We'll be sure to visit you later. Unlike Wang Chuanfu's Mu Ne, Lu Xiangyang instantly heard the meaning of Chu Qing's words.
Quickly helped my cousin agree. It turned out that when Wang Chuanfu asked him to invest in BYD, he was actually a little hesitant.
I brought him to the banquet this time to try if I could pull some investment from the deep sea and share some of my own risks.
He has made a little money in real estate in the past few years, but let him invest 3 million at once, which still makes him a little weak-hearted.
But now seeing Chu Qing's reaction, Lu Xiangyang couldn't help but start to be suspicious. Is it really that much potential for batteries?
Thinking that the electric car that Tesla has been advocating is the future, if what he said is not a lie, then wait until electric vehicles are really accepted by the public like cars.
Then as an indispensable battery for electric vehicles, it is really possible to become a blue ocean industry.
Thinking about it like this, combined with Chu Qing's performance just now, Lu Xiangyang was instantly moved. Three million is a bit of a lot, but if it can be done, it seems to be worth a try.
Many years later, Lu Xiangyang was on the rich list several times, and he was even known as China's Warren Buffett, because in 1995, when his cousin Wang Chuanfu could not invest, he borrowed 2.5 million.
At the beginning, this money was not invested in Wang Chuanfu at the beginning. It's just that Wang Chuanfu is honest, and after BYD made a profit, he took the initiative to ask to convert the two million he borrowed into investment shares in BYD.
It was this investment in BYD that made him a major shareholder of BYD many years later.
It was also because of the investment in BYD that he noticed the future of lithium mines, which allowed Rongjie to acquire a large number of lithium mines in the following decades, and thus rode the wind when the new energy era arrived.
Chu Qing didn't know that his action made several more domestic manufacturers devote themselves to the battery industry after that day.
But BYD's Wang Chuanfu and Lv Xiangyang have strengthened their determination to make batteries. Three days later, the office building of the Beijing BBK branch.
The first thing Chu Qing did when he went to work was to meet them here.
"I heard that BYD has just been established, I don't know which direction you are going to focus on." Looking at the company information brought by Wang Chuanfu, everything is still grass-made, except for the two million that Lu Xiangyang just invested two days ago, basically the entire company is just an empty shell.
"I studied batteries in college, batteries in graduate school, and batteries in my work. So if you start your own business, all you can do is the battery. Wang Chuanfu was very shy, and seeing Chu Qing for the first time on such a formal occasion made him feel like he was back at the school defense meeting, with some expectations and some apprehension.
"It's good to focus on one thing." The reason why BYD can succeed in the future is that it relies on Wang Chuanfu's focus to make BYD's batteries dust-free together after the arrival of new energy.
"The direction of my business is rechargeable batteries, which is also the direction I have been researching. Just like the rechargeable aluminum battery used by Tesla now, and the lithium battery used by BBK PHS, with the development of the times, the demand for rechargeable batteries in this area will increase day by day. Wang Chuanfu really took seeing Chu Qing as a graduation defense, not only expounding his views seriously, but also analyzing the current market environment in detail.
It can be seen that he went to the sea to start a business, not on a whim, but premeditated.
"You have a keen grasp of the market, let's say, how much do you want me to invest." Chu Qing didn't take much of the teaching, put away the materials, and went straight to the point.
"To be honest, I didn't expect BBK to be so optimistic about the battery market." When Lu Xiangyang was about to answer, he was directly stopped by Wang Chuanfu.
He knows what his cousin wants to say, but BYD is the project he wants to start a business, and he hopes to have more dominance.
Wang Chuanfu paused for a moment and continued.
"Originally, I only wanted to invest 3 million and start a business slowly. But after meeting Mr. Chu, I think I can take a bigger step, Mr. Chu may not know, the research of rechargeable batteries, I already have a very perfect technology, as long as the funds keep up, it can be put into production directly, and some of the technology, is not worse than the current backgammon and Tesla show. Although Wang Chuanfu is the first time to start a business, after all, he personally participated in the creation of Bigg Battery.
For start-ups, whether they have sufficient funds or not will directly determine the speed of their development. Now that he can face the big bosses of Tesla and BBK, he certainly hopes to get more financing.
"Okay, how about I invest 10 million in you, 49% of the shares in the name of Deep Sea." However, Chu Qing's answer was very refreshing, and as soon as he opened his mouth, it was 10 million.
According to Lu Xiangyang's investment in BYD's 2 million, accounting for 20 percent of the shares. As soon as Chu Qing made a move, he directly raised BYD's valuation to 20 million.
"May I ask why you are so optimistic about BYD?" Although he thought that Chu Qing would definitely be generous if he invested in, Wang Chuanfu still didn't expect that he would be so optimistic about BYD.
You know, BYD is still just a shell company today. It's only been a long time since he registered, but he can get so much money from him in an instant.
"There is a saying in the venture capital circle, called investment is actually investing in people."
"I, like you, am also optimistic about the battery project, otherwise I would not have invested 50 million to become Tesla. But Tesla alone is not enough, this is a very large market, and more people need to join it. Especially when you were in the big battery, I noticed you, and even had the intention of finding someone to dig you up to backgammon. It's just that the backgammon at that time was still too small, and compared with a large institution like the research institute, our chances of winning were not great. Now that you want to start your own business, of course I will not be stingy, and I am very optimistic about entrepreneurs like you who focus on one business. So this 10 million is not so much for BYD, but for you. I believe that it is gold that shines everywhere. Chu Qing's answer surprised both Lu Xiangyang and Wang Chuanfu.
Recalling that at the banquet at that time, Chu Qing saw Wang Chuanfu for the first time, as if all this made sense.
However, Lu Xiangyang is now beginning to regret it, and the 20 million shares seem to be a loss.
Although he made two million after changing hands, as long as he is not stupid, he can see that Chu Qing values BYD.
Looking at the 49% of the shares today, Chu Qing's intention is also very obvious. The reason why he did not force 50 percent of the shares was to delegate power to Wang Chuanfu.
The shares of him and his cousin add up to just over half, and they have an absolute controlling stake in the future BYD, which can allow Wang Chuanfu to control BYD very well, and will not let him have too much trouble with the deep sea.
"I will not participate in BYD's operation, and will also give help, whether it is Tesla or BBK, as long as the product quality is up to standard, we will give priority to BYD. Of course, in terms of strategic cooperation, the three parties must also reach a consensus. When the time comes, a battery research laboratory can be jointly developed. Chu Qing used practical actions to confirm that what he just said was not polite.
The purpose of the tripartite joint development of the battery research laboratory is to Wang Chuanfu and bind the chariot to backgammon.
Maybe that's why he really invested in BYD. Chu Qing's request not only did not arouse the vigilance of Wang Chuanfu and Lu Xiangyang, but made the two of them feel a lot more at ease.
BYD, which had just started a business, got so much money when they saw it for the first time, it was inevitable that they would suspect Chu Qing's motives.
But if Chu Qing's condition is added, it means that they invest in BYD, and what they really like is Wang Chuanfu.
This made Lu Xiangyang can't help but look at him a few more times, his cousin who is a little wooden. Is he really so clumsy that he didn't find his shining point?
As long as he wants to start a business, he can get 10 million investment from the outside world. Thinking about it, those who were approached by Wang Chuanfu at the beginning, but were unwilling to vote.
Perhaps, like themselves, they didn't find their cousin's shining point. Probably, this is the difference between the elder and the ordinary person.
It may not be accidental that backgammon can grow to where it is today in four years. Some people are born to be successful.