I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 936: Capital Increase Completed
Mr. Lei showed some emotion on his face.
Knowing the actual risks of his own automobile project, Jiang Hao was willing to follow me in investing. Needless to say, this shows his trust in me.
The present moment is also straightforward.
"I plan to add 300 billion yuan in the second phase to build the car factory as soon as possible until the actual car is put on the market."
Jiang Hao nodded silently to this number.
Anyway, he only holds 10% of the funds. 30 billion RMB is not a small amount of money for Haoyue Capital, but it will not put too much pressure on it.
It is within the acceptable range.
"Boss Lei, is 300 billion enough for the factory land and the estimated equipment investment?"
...
"I have calculated with my team that 260-280 billion would be enough."
"The 300 billion yuan takes into account the initial publicity costs of the new car and the sales costs of each car, including the costs of setting up 4S stores and so on."
"An additional 300 billion is definitely enough. If that doesn't work, there are still banks that can continue to lend some money!"
Mr. Lei has already considered all the aspects of the market launch after the car goes into production.
Since he had already made a plan, Jiang Hao did not ask any more questions.
For young investors, he will ask about the specific details of the project and plans for the future.
But there is no need for Mr. Lei to do so, as the biggest risk lies on his own shoulders.
"Okay! I'll follow."
"Let me know the exact time when the time comes. I'll have Director Zhang go to the capital and sign the contract as soon as possible."
...
"But speaking of now, Mr. Lei, do you have a price range for the car?"
Jiang Hao is still very satisfied with the prototype car, but the specific price determines the competitiveness of the car.
The actual price will naturally not be determined so early, but there is definitely a rough range of intention. After all, when making the car, Mr. Lei must have considered the target user group for entering the market.
"It's probably between 20 and 30 yuan. The specific price needs to be discussed."
"The prices of many spare parts have not been brought down yet, and we still have to negotiate with suppliers."
"Otherwise, given the current price of the prototype's parts, the cost may not even reach 40 yuan."
...
"The most important thing is the cost of Kirin batteries, which is also the most critical factor in our car pricing."
As Mr. Lei was talking, the topic returned to Kirin Battery and he looked at him with a smile on his face.
"Mr. Lei, I can guarantee priority supply of Kirin batteries, but I can't offer any more discounts on the price."
Jiang Hao quickly stopped talking about this part. Kirin batteries are currently in a stage where supply exceeds demand.
If batteries are willing to be produced and sold, countless car companies will take over.
It's already very impressive that Jiang Hao can provide priority supply, but it would be a bit too much if he could offer a more favorable price for battery orders.
He will not lower the profits of Kirin batteries to spread the cost of Xiaomi Auto, allowing Xiaomi Auto to further reduce its price and cost-effectiveness.
In this way, the person involved becomes the scapegoat.
"Haha! Mr. Jiang, that definitely won't happen!"
"I didn't mean that. The main reason is that the price of your batteries fluctuates every season depending on the raw materials!"
"Plus, if your production technology improves, the cost will go down, and maybe the price will drop!"
After hearing what Mr. Lei said, Jiang Hao finally understood what he meant.
However, the floating price of Kirin batteries will not vary much.
It seems that the final pricing of Xiaomi Auto will be very extreme.
All comprehensive costs will be calculated very accurately, which also means that the actual pricing will not be high.
Considering the R&D costs, this car will definitely lose a lot of money in the early stages.
The two talked about the car manufacturing business until almost noon.
In the end, I didn't go out to find a place to eat. At noon in Shanghai, the nearby shopping malls and dining restaurants were full of people.
It was Mr. Lei's assistant who knew his boss's character and Jiang Hao's temper, so he ordered takeout for the two of them early on.
Including for the branch employees, meals were ordered in the name of Mr. Lei and everyone was treated to a meal.
It was not until three o'clock in the afternoon that Jiang Hao brought several others back to Songjiang.
……
Two weeks later, Kirin Battery issued new shares on the stock market again.
It was re-launched to the market at a price of RMB 241 per share.
The share price of newly issued shares is determined based on the share price over the past period of time and can fluctuate, but must not be lower than 80% of the average share price in the past.
Jiang Hao has confidence in Kirin batteries.
Ultimately, new shares are issued at the average stock price.
Until the morning of the day when the official additional issuance was completed, Kirin Battery had its last additional issuance of financing with a market value of 5200 billion yuan.
In one fell swoop, it raised 520 billion yuan from the market, which greatly alleviated the financial pressure on Kirin Battery's current expansion.
Compared with the total financing of 150 billion yuan since its listing, this wave of capital increase truly reflects the value of Kirin Battery.
This also made Secretary You and several leaders of the Jiangnan Provincial Party Committee feel more and more regretful.
I blame myself for setting the stock price too low, which wasted a great opportunity to attract market funds.
As for Jiang Hao himself, he had nothing to regret.
What he is more impressed about now is how easy it is to make money in the stock market.
Even listed companies can still make money from the stock market repeatedly.
Of course, this capital increase is not a good thing for the original shareholders.
Whether it is Jiang Hao himself, Tencent, or the shares held by the Jiangnan Provincial State-owned Assets Supervision and Administration Commission, all have been diluted.
Fortunately, the proportion is not large, and all three parties are able to accept such a large sum of money raised for the company's development.
After all, if the company develops well and the stock price continues to rise in the future, they will be the ultimate beneficiaries.
In fact, there is no need to wait until the future for stock prices to rise.
In the afternoon of the same day, Kirin Battery's stock price continued to rise.
The institutions that have been suppressing the stock for almost two weeks are also optimistic about Kirin Battery.
Now that the capital increase is over, a new round of stock fund absorption is starting again.
Although no one has pushed the stock price to the top, it has maintained an 8-9 point increase and continued to absorb stocks.
In just three days, Kirin Battery's stock price returned to a high of over 6000 billion.
At this point, even Jiang Hao was a little confused about the stock price of Kirin Battery.
However, in the short term, the stock price does not mean much to Kirin Battery, after all, it is impossible to increase capital continuously.
As for Jiang Hao, he has recently started to get busy with the investment and construction of the new city project.
Director Ma from Jinghong Design Institute is still working overtime on the design of the new city, but the complete plan has not yet been completed.
However, the residents of the city have all seen the recent demolitions in Songjiang City.
Such a large piece of land on the border of Jiangning District and Oujiang District, and three consecutive villages were demolished.
The compensation given was not for the original demolition and reconstruction, and various discussions arose one after another.
Such a large piece of land obviously cannot be used to build a simple shopping mall, and many people speculate that it is used to build a train station or an airport.
There was a lot of discussion in society, and the news was getting more and more chaotic.
Secretary You finally released the construction plan for Songjiang New City in the name of Songjiang Municipal Party Committee!
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