Rebirth 2004: I can make money by writing.

Shencheng, Huachen BMW Company.

After receiving the electronic invitation letter from Future Technology Group, the company's chairman Liu Tie opened it and frowned slightly.

"Huh, how ambitious! They actually want to control the discourse power of domestic new energy vehicles!"

Although he was dissatisfied with Hao Qiang's behavior, Liu Tie also admired him in his heart.

However, Hao Qiang's desire to dominate the new energy vehicle field made him very resistant.

After all, it is wishful thinking for an emerging automotive force to expect an established powerhouse to bow its head and cooperate.

In fact, Liu Tie and Hao Qiang have no connection at all, it is purely imaginary.

In his opinion, the future development of automobiles is too short, but the car sales of his company are better than theirs. Doesn't this mean that he is mediocre? Naturally, he is not convinced.

The media likes to compare Future Cars with BBA, saying that after so many years of development, Huachen BMW has not made very good cars and sells them at very high prices, and Liu Tie is being blamed.

After reading the message, Liu Tie felt a little worried. He drank two cups of tea and considered whether to agree to cooperate.

It is unexpected that the four lithium battery companies controlled by Hao Qiang will raise funds so quickly.

The total pre-investment valuation is 20 to 30 billion yuan, which is really enviable.

Liu Tie also wanted to enter this market and get a share of the pie, but if you think about it rationally, Huachen BMW does not have the strength to do so.

Even if other state-owned companies have this capability, their technical strength is not good enough and they have already lost the initiative.

This time, it is estimated that many automobile companies are willing to cooperate with Future Technology Group. If they want to develop new energy vehicles in the future, they will most likely purchase lithium batteries from Future Technology Group.

As a result, the shares of these four lithium battery companies are more valuable.

That's a good calculation.

Liu Tie wandered around the office and called other shareholders to discuss the matter together.

"Hao Qiang's four lithium battery companies control lithium carbonate resources. Coupled with the advanced lithium battery technology of Future Technology Group, the lithium battery companies have huge development potential. For various car companies to obtain financing, there must be other conditions." The company's vice president analyzed.

"Mr. Liu, how about we consult first to see what conditions are required."

After Liu Tie looked at the opinions expressed by the senior executives, he pondered for a moment and said, "First, let me consult."

Then he picked up the phone and called Future Technology Group.

The electronic invitation letter sent to me included the phone number of Hao Qiang’s secretariat.

After waiting for a while, the call was transferred to Hao Qiang's office, where Hao Qiang happened to be.

"Hello, Mr. Hao, I am Liu Tie from Huachen BMW Company." Although Liu Tie disliked Hao Qiang, he had to be humble because the other party was the richest man in Asia.

"Hello, Mr. Liu."

"Well, I've received your company's invitation letter. First of all, I'd like to thank Mr. Hao for giving us this financing opportunity. However, I have some questions and doubts that I'd like to consult."

"Mr. Liu, you're welcome.

In this round of A financing, the financing share ratio is 10%, the financing amount is initially set at 30 billion yuan, and several investment companies account for 5%.

The financing plan has been preliminarily negotiated, and the four companies are currently sorting out the materials, and the transaction is expected to be completed by the end of June.

The remaining 15 billion yuan of financing, accounting for 5%, is divided into 150 shares, each worth 1000 million yuan, with no voting rights and cannot be traded within five years after listing.

An automobile company can hold a maximum of 10 shares, or 1 million yuan, on a first-come, first-served basis.

The registration deadline is the end of May, and the funds will arrive at the end of June.

If the funds do not arrive in time, you will lose your subscription qualification."

After hearing what Hao Qiang said, Liu Tie thought silently.

Then, some more questions were asked, such as whether it was mandatory to purchase lithium batteries from Future Technology Group.

There are no mandatory contracts for lithium battery procurement.

But if purchasing, the car companies holding shares will have preferential prices.

After Liu Tie understood the situation clearly, he ended the call and told other company executives:

“The other party has the final say on all matters related to financing, and the car companies have no voting rights.

Actually, these are nothing serious, except that the requirement that stocks cannot be traded within five years after listing is a bit risky.”

The company's vice president curled his lips and chuckled: "Haha, Hao Qiang has a good plan, tying all the car companies to his chariot.

Although purchasing their lithium batteries is not mandatory, if Hao Qiang truly controls upstream lithium carbonate resources, collaborates with so many automakers, and relies on advanced lithium battery technology, other lithium battery companies will have no chance of survival.

"Alas, the situation is not good for us. The company is still short of funds." Liu Tie sighed.

Huachen BMW has not yet fully mastered BMW's fuel vehicle technology, and has no time to take into account the development of new energy vehicles.

Next, Liu Tie asked everyone to vote.

Final decision: not to participate in the investment.

The other senior executives understood Liu Tie’s plan and naturally supported him.

The company is short of funds, but it is not short of 10 or 20 million yuan. If they don’t want to invest, then they don’t have to invest.

They have no plans to enter the new energy vehicle sector for the time being and will focus on developing fuel vehicles, which will also have a certain impact on voting.

After receiving electronic invitations from Future Technology Group, other automobile companies also held high-level meetings for discussions.

After all, financing is not a trivial matter and requires an investment of at least 10 million yuan.

Future Technology Group has ample funds, and a few hundred million is nothing to them, but for some domestic car companies, it is still difficult to set aside tens of millions of yuan for other investments.

Car companies that are interested in entering the new energy vehicle field are optimistic about the development of the four lithium battery companies. Even if they don’t have funds, they will borrow money and even ask their employees to raise funds voluntarily.

By the end of April, registration for financing by car companies was basically finalized.

BYD, Zheli Auto, Changan, Qirui, Shanghai Volkswagen, and Yueqi, 10 shares each;

Other car companies have a relatively small share of reservations.

In recent days,

Hao Qiang mainly inspected the wafer production plant and design drawings.

Construction began in June last year, and the workshop has been put into use and equipment installation has begun.

The factory has several major areas, including raw material processing area, melting area, crystal pulling area, cutting area and testing area.

The first three production areas are the core of the entire factory, responsible for converting raw materials into high-purity monocrystalline silicon ingots. This process involves a variety of complex processes and high-tech equipment, most of which are independently developed and are currently under development.

In the raw material processing area, polysilicon is mainly processed.

As the basic material for producing single crystal silicon, the purity of polysilicon directly affects the quality of the final product.

Therefore, the area will be equipped with high-precision purification equipment to remove impurities and ensure that the purity of polysilicon meets electronic grade requirements.

The melting area is one of the key parts of the production area, and its main task is to heat polysilicon to a molten state.

This area is equipped with advanced induction furnaces or resistance furnaces that enable precise control of temperature and atmosphere.

By heating polysilicon to about 1420 degrees Celsius, it is converted into silicon liquid for subsequent crystal growth.

The crystal pulling area is the core of the entire production process, and the Czochralski method is used to grow single crystal silicon.

Under the operation of the crystal puller, a small single crystal silicon seed (seed) is slowly pulled up from the molten silicon liquid while rotating and rising to form a cylindrical single crystal silicon ingot.

The crystal pulling process requires precise control of temperature, pulling speed and rotation speed to ensure the integrity and uniformity of the crystal structure.

As for the cutting area, it already belongs to the machining field, and all the equipment is outsourced and customized.

Here, a wire saw is used to cut the silicon ingot into thin slices called silicon wafers.

This process requires extremely high precision to ensure consistent thickness of each silicon wafer and minimize material waste.

After cutting, the silicon wafers will be cleaned and surface treated to remove tiny particles and damage generated during the cutting process.

The inspection area is the last link in the production area. The main equipment includes optical microscopes, X-ray diffractometers and resistivity testers, which are used to detect the structural defects, purity and electrical properties of silicon wafers.

Testing equipment is also outsourced.

Hao Qiang has extremely high requirements for the purity of wafers. All workshops are brick-concrete structures with strict requirements on height and space, rather than steel structure factories.

If it is a dust-proof workshop, the indoor temperature must be constant, and employees will not be afraid of the stuffiness when wearing dust-proof clothing.

Humidity also has stringent requirements, especially to prevent moisture resorption.

Therefore, dustproof workshops are built with underground partitions to prevent moisture, and the roof and walls have multiple layers of insulation.

This type of dust-proof workshop has no windows, and it will become stuffy after working for a long time.

On the afternoon of April 30, Hao Qiang went to the workshop to inspect the equipment foundation.

In order to ensure stable processing, machining equipment will drive reinforced concrete piles to prevent the equipment from vibrating when nearby vehicles and people pass by, which will affect the processing accuracy.

When a workshop is built, the foundation is designed in advance, but if there are any changes, the piles have to be rebuilt.

After a walk around, we went to the machining shop.

The production drawings have been sent to the workshop, but I don’t know how the processing is going.

The furnace material must be resistant to high temperatures and chemically stable and must not react with silicon.

Commonly used materials include quartz glass, tungsten, molybdenum, etc., which are difficult to process and handle.

"Chairman, you are here."

The supervisor of the machining workshop saw Hao Qiang observing the furnace shell and greeted him respectfully.

"Well, have you tested the material composition of this shell material?

Has corrosion resistance testing been done?" Hao Qiang asked.

The furnace shell and supporting structure need to have good mechanical strength and corrosion resistance, and generally use nickel-based alloy materials 625 and 825.

"We haven't done it here. I don't know if the quality inspection department has done it." The workshop supervisor was a little uneasy and quickly took out his phone. "Let me ask about the situation."

After a while, the head of the quality inspection department came over and brought the quality inspection report.

After reading the quality inspection report, Hao Qiang frowned. "They only did a chemical composition spectrum test, using a portable spectrometer, but no corrosion resistance test."

Hearing what the chairman said, the people in the quality inspection department broke out in cold sweats.

"This equipment has extremely high requirements for corrosion resistance. Even if the chemical composition meets the requirements, it may not pass the corrosion resistance test. I don't want to have to replace the equipment after using it for a year." Hao Qiang reminded, and then said to the quality inspection person in charge, "Our company has CNAS qualifications. All nickel-based alloy materials and heat-resistant materials used to manufacture this equipment must undergo the most stringent testing. No concessions can be made.

If it does not meet the requirements, communicate with the purchasing department and re-purchase the raw materials.

If that doesn’t work, make plans for independent research and development.”

Seeing that these employees didn't quite understand, Hao Qiang explained, "Handheld spectrometers are not accurate in detecting chemical composition. We need to use a desktop spectrometer. Our company has this equipment. We spent nearly a million on it, so it would be a waste to leave it alone.

Take 625 material for example. Even though the chemical composition is the same, the corrosion resistance is definitely different.”

The chemical composition of domestic 625 is not much different from that of imported high-quality 625, but the chemical properties are very different.

Only those who are clear about the material properties and regularly conduct chemical property tests will understand these details.

It is normal that workshop supervisors and general quality inspectors do not understand.

"Okay, I understand. I'll arrange for a retest right away."

The head of the quality inspection department never expected that the chairman would personally oversee this area and that the requirements would be so strict.

According to what he said, it is estimated that this batch of 625 and high-temperature resistant tungsten-molybdenum alloy materials are very likely to not meet the design requirements. After all, the requirements for manufacturing these materials are too high.

The company has grown so large that I haven’t had much opportunity to communicate with the chairman in the past few years.

Unexpectedly, I became a little relaxed in my work.

"Your Quality Inspection Department and Production Department will hold a special meeting after May 1st. You must take this project seriously and strictly follow the requirements of the drawings for testing and production. There will be no compromise.

If you can't produce it or have doubts about the design drawings, go and talk to the designer." Hao Qiang said seriously with a stern face.

During machining, if the product is not within the error range and is only off by a tiny bit, the processing personnel will ask the quality inspectors for favors and they may really make concessions and pass the product.

Therefore, even if there are design drawings and processes, if the production and manufacturing links are not strictly controlled, it is very likely that products that meet the requirements cannot be produced.

Especially products with such high purity as wafers.

After seeing the chairman leave, the quality inspection director and the workshop supervisor breathed a sigh of relief. The chairman had really lost his temper just now.

The person in charge of quality inspection didn't want to wait until after May Day, so he quickly arranged for people to do the inspection. He had no time to take a vacation.