Rebirth 2004: I can make money by writing.
Chapter 411: The Big Net is Complete, Extending the Claws
Yuecheng, Tianci Materials Company.
General Manager Xu Xin called a meeting in the office with the company's other two small shareholders.
Xu Xin said solemnly, "My boss called and said he's planning to raise funds for the company and go public. He's starting a Series A round this year and wanted our opinion. What do you think?"
He seemed calm on the surface, but he was slightly surprised inside.
In May 2007, their boss Hao Qiang invested in the company.
In three years, the market value has increased from less than 50 million yuan to more than 1 billion yuan.
After Hao Qiang's financing, his shareholding ratio reached 65%, and Xu Xin's shares were diluted to 30.45%.
The other two shareholders, Xu Fu holds a 3.5% stake, and Vice President of Technology Gu Wenbin holds a 1.05% stake.
"Haha, boss, just inform us." Xu Fu smiled.
Xu Xin smiled faintly: "Well, that's what I mean, but asking for our opinions shows that you respect us."
"I have no objection."
Vice President of Technology Gu Wenbin replied that he held the smallest stake, so of course it would be best to raise funds and go public.
During these three years, the company did not distribute dividends, as all the money was used for expansion.
So, he received a fixed salary, which added up to about 500,000 yuan over three years.
The company's valuation is high, but its scale is not large, it just has a lot of investments in fixed minerals.
He is said to be worth tens of millions of yuan, but he cannot come up with hundreds of thousands of yuan.
If the company successfully goes public, his net worth might increase to tens of millions of yuan, and he could cash in his shares in the future.
"Yiwei, Ganfeng and Tianqi are also raising funds, right?" Xu Fu asked.
Hao Qiang has received financing from all three companies.
The four companies formed a lithium battery alliance to jointly control domestic and foreign lithium carbonate resources, which has a great influence on pricing power.
If the controlled lithium carbonate resources were expanded tenfold, it would be possible to completely control the pricing power.
It is useless for others to speculate on lithium carbonate because they cannot sell it. Currently, the lithium battery factory under Future Technology Group has the greatest demand for lithium carbonate.
Today, these shareholders are very impressed with Hao Qiang's layout.
Control upstream lithium carbonate resources and thus control the pricing power of lithium batteries.
In addition, Future Technology Group has controlled the layout of super-fast charging stations, and Future cars are selling very well.
It can be said that Future Technology Group has already grasped the future landscape of new energy vehicles.
Xu Xin replied, "According to the boss, all four companies should strive to go public. Let's see which one succeeds."
The four companies can compete fairly and get 20%-30% of Future Technology Group's order share.
That means the worst share is 20%, and the best is 30%.
If each company wants to grab other market shares, it depends on its ability.
Gu Wenbin sighed, "Last month, we sold 30,000 ET3s and over 6,000 ES6s. Seeing how well the ET3 is selling, other car companies are jumping into the new energy vehicle market. The spring of this industry has finally arrived!"
The better new energy vehicles sell, the greater the demand for lithium batteries, and their company can develop.
"We still need to see how the mid- and low-end models sell. High-end models alone won't consume much lithium batteries."
"The boss is quite optimistic. He personally believes that with the increase in national income, the annual sales of new energy vehicles may exceed 10 million in the future!"
"Ten million! That's too exaggerated. If we can reach one million vehicles a year, it would already be a great achievement." Xu Fu said in surprise. He had little chance to talk to Hao Qiang, as Xu Xin was in charge.
One million new energy vehicles are expected to demand more than 50GWh of lithium batteries, consuming at least 50,000 tons of lithium carbonate, worth about 3 billion yuan.
These companies not only deal in lithium carbonate, but also have other lithium battery resource side businesses.
The output value is about 10 billion yuan.
If the annual sales volume reaches 10 million vehicles, the output value of lithium mineral resources in new energy vehicles will be at least 100 billion yuan.
If their lithium mining company can grab 10% of the market share, that would be tens of billions of yuan. Under normal circumstances, the annual profit would be at least 5 million yuan.
In other words, excluding the increase in the value of lithium mineral resources invested in the past three years, the company's market value is guaranteed to be 10 billion yuan at least, and normally several hundred billion yuan, based on the PE algorithm.
The wealth of these major shareholders will definitely increase significantly.
Gu Wenbin, the vice president of technology who holds the smallest stake, is also expected to have a net worth of over 100 million yuan.
Damn it!
It’s different when you’re with the right person.
at the same time,
Executives from other lithium battery alliance companies also received calls from Hao Qiang to discuss financing.
On the surface it is communication, but in fact it is just notification, which is actually in line with the ideas of the senior management of these four companies.
It would be great if it could be listed.
Over the next period of time, the four companies sorted out their company information and straightened out their finances.
In total, Hao Qiang lent 25 billion yuan to these four companies to invest in lithium carbonate resources. The value of the lithium mineral resources currently controlled has increased several times.
All the money earned in these three years was used to invest in resources.
The company's factories and technological assets are not worth much, it is the lithium mineral resources it controls that are valuable.
The funds raised from this round of financing will still be invested in lithium mineral resources.
The total pre-investment valuation of the four companies is approximately 250 billion yuan. If the market monopoly is taken into account, the valuation will be much higher.
The A round of financing was about 35 billion yuan, accounting for 10%.
Hao Qiang's idea is to use 5% of the shares to win over car companies and pull them onto the lithium battery battlefield of Future Technology Group.
Of course, most car companies are relatively poor and cannot afford to invest, and may even withdraw their shares along the way.
The conditions for car companies to invest are definitely different. For example, after the investment, it will take at least a number of years before they can cash out or resell the shares.
4 month 11 day,
Senior executives of the Lithium Battery Alliance gathered at the Pengcheng headquarters of Future Technology Group to discuss financing with Hao Qiang.
After everyone communicated, Hao Qiang was responsible for the financing negotiations.
They have neither the resources nor the experience to raise funds.
Starting from April 12,
Hao Qiang met with investment institutions he had cooperated with in turn, such as Bull Capital Partners, DST Global, ICBC Guangdong Branch, Guosen Securities Hong Kong Branch, Hillhouse Capital, Sequoia Capital, etc.
Among these investment institutions, Xiongniu Capital has the weakest background.
Hao Qiang intends to support investment institutions with Chinese backgrounds and attract more investment institutions.
Otherwise, money alone is not enough.
4 month 15 day,
Hao Qiang reached preliminary cooperation negotiations with various investment institutions.
Four lithium resource companies, 10% stake in Series A financing.
Yuecheng Tianci Materials Co., Ltd., with a pre-investment valuation of 50 billion yuan, in which Hao Qiang holds a 65% stake;
Huizhou Yiwei Lithium Energy Co., Ltd., with a pre-investment valuation of 50 billion yuan, has Hao Qiang holding a 60% stake;
Jiangxi Ganfeng Lithium Co., Ltd., with a pre-investment valuation of 60 billion yuan, in which Hao Qiang holds a 55% stake;
Sichuan Tianqi Mining Co., Ltd. has a pre-investment valuation of 80 billion yuan, and Hao Qiang holds a 50% stake.
The total pre-investment valuation is 240 billion yuan, and the specific details will have to wait until each company completes the document review and assesses its financial status.
Interested investment institutions can request document review from these four companies.
To complete the actual financing, that is, the fund delivery, it is estimated that we will have to wait until the second half of this year.
Only after completing this series did Hao Qiang begin to send invitations to domestic car companies.
At this step, all car companies finally knew Hao Qiang's plan.
But even if you knew, it would be too late.
Before ES6 is launched in the future, some state-owned car companies may ignore Hao Qiang's invitation.
Only by proving their strength in their industry can they be convincing.
When the B round of financing is completed, Hao Qiang will extend cooperation invitations to international car companies.
After all, in the future, the company will also enter the international market.
But in the A round, domestic car companies are given priority.
You'll Also Like
-
Xiaomi Heavy Industry, its first entrepreneurial venture!
Chapter 108 5 hours ago -
Hong Kong Film: Jimmy? Please call me Councillor Li
Chapter 173 5 hours ago -
Dragon Clan: Avoid the College Entrance Examination to Slay the Dragon
Chapter 69 5 hours ago -
Naruto starts from the Otsutsuki bloodline
Chapter 100 5 hours ago -
Go: Is the portable old man the nine-time champion?
Chapter 136 5 hours ago -
The Terror of the Heavens Begins with Gu
Chapter 97 5 hours ago -
Reborn Treasure Appraiser: I Really Didn’t Want to Be an Expert
Chapter 118 5 hours ago -
Daily Intelligence: From Water Snake to Jinghe Dragon King
Chapter 149 5 hours ago -
Simulation of the Heavens: Starting from the Age of Desolation
Chapter 48 5 hours ago -
Can following the rules be called rebirth?
Chapter 59 5 hours ago