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Chapter 78: Batch Acquisition

~7 min read 1,389 words

He glanced at the caller ID and answered it casually.

"Student Su Xin, it's been over a month. I didn't expect you to stir up such a huge commotion."

The person on the other end of the line was Hao Zude, whom he hadn't seen in a long time. Su Xin gave a hearty laugh and said:

"Director Hao, it's been so long. You call me just to tease me? Don't tell me you're blaming me for not following through on the cooperation project we promised last time?"

"Of course not. I just saw that you've been making such a big splash with your new energy project and was worried you were too busy and had forgotten about the drone project, so I thought I'd chat with you and ask about your plans."

"Don't worry, Director Hao. I've kept that in mind. Once my new energy project reaches a milestone, the next project will be the drone."

Su Xin promised earnestly.

In truth, he had indeed forgotten about the drone project proposed by the Military during this period. If not for this call from Hao Zude, his next research direction would have been set for intelligent automotive driving to further deepen his involvement in the automotive industry.

After Hao Zude's reminder, he suddenly felt that the intelligent flight program for drones and intelligent driving for cars shared many commonalities in certain aspects, and he could exert effort in both simultaneously.

However.

Whether to act as a driving solution provider or as a terminal manufacturer still required careful consideration.

If it were the former, providing only technical solutions, he could cooperate with existing car or drone manufacturers. As long as the technology was advanced enough, plenty of manufacturers would scramble to seek cooperation.

Just like the current Solid-state Battery, which is also equivalent to a type of automotive energy solution.

As soon as he entered the automotive industry with Solid-state Battery Technology, a large number of new energy vehicle manufacturers immediately came to him proactively for orders. The vast majority of car manufacturers dared not offend him and even wanted to actively curry favor with him.

Even traditional car companies like the three major ones in Sakura Country would at most play small tricks in secret, but would not dare to openly oppose him.

Because if they want to transition to new energy, they must be on good terms with Tianqi Energy. Otherwise, if they cannot get orders for the Thor Battery, they will surely be forever squeezed out of the new energy vehicle market.

Under these circumstances, he is a good friend welcomed by all major car manufacturers.

But if he were to engage in terminal production, he would face hostility from a large number of peers.

For example, if he were to use the newly developed Solid-state Battery Technology for cars he produced himself and wanted to exclusively monopolize this technology, then all car manufacturers would find ways to squeeze him out and try their best to prevent him from entering the market.

Under these circumstances, he would be the common enemy of all major car manufacturers.

Like the idea proposed by Xiaoxi Heshi, uniting all large car companies or the official authorities of various countries to boycott and exert pressure might actually come to pass, and even Long Country car companies might unite to boycott him.

As a newcomer with no foundation in the automotive industry, even with the most advanced technology, sufficient capital, and the protection of the Long Country authorities, it would not be easy for Su Xin to develop and grow, let alone snatch the cake from the hands of all competitors single-handedly.

Therefore.

Entering as a technical solution provider makes it easier to open up the situation. Upon entry, one would be welcomed and even sought after by a large number of manufacturers, allowing the Solid-state Battery to blossom everywhere overnight.

All new energy vehicle manufacturers would consciously protect Tianqi Energy, even proactively currying favor, spontaneously forming an interest group with Tianqi Energy at its core, allowing Tianqi Energy to become one of the hegemons of the automotive industry in the shortest possible time.

Moreover, there is no need to worry about the series of troubles like marketing, storefronts, service, and after-sales as one would with the terminal market. He only needs to release the technology, and plenty of manufacturers will proactively come to his door seeking cooperation.

Mastering the core "chokehold" technology of an industry is just that comfortable.

But this model also has one huge disadvantage—fast entry, but also fast exit.

If one day Su Xin's technology falls behind and is completely surpassed by another new technology, he would be like the current Hengde Era, discarded like worn-out shoes by users and capital, and decline in an instant.

Of course, with Su Xin's level, he is confident that he will not be surpassed by anyone in terms of technology.

Therefore, he is more inclined to be a technical solution provider; it is worry-free and effortless, and he can quickly occupy a core position in various industries.

After recording his thoughts in the Tianwei Butler, Su Xin temporarily put the issues of intelligent flight and intelligent driving aside.

He turned his attention back to the Solid-state Battery.

The next few days.

Liu Qingli and Ding Kuiyong continuously contacted major power battery manufacturers to discuss the acquisition.

Because there were indeed too many manufacturers to contact, the two of them did not even leave the company office to save time, discussing only over the phone and WeChat. Once a general intention was reached, they let those manufacturers fly over themselves to discuss the details in person.

This batch acquisition, although proposed by Tianqi Energy, was also absolutely dominated by Tianqi Energy.

After all, if Tianqi Energy did not acquire them, the fate facing those power battery factories would basically be bankruptcy.

Therefore, even if Liu Qingli required them to come to Tianjing to discuss in person, they had no choice but to actively prepare materials and rush over.

In an office.

Ding Kuiyong and the representatives from the major power battery manufacturers sat down separately.

"The boss has promised that he can acquire your power battery factories at market price, but there is one requirement: we only need the factory buildings, production lines, employees, materials, and other necessary production conditions. Everything else, including patents, assets, stocks, liabilities, etc., must all be stripped away, and we want to acquire all shares."

"These are the acquisition intention confirmation forms. You can take a look at the specific requirements and details."

"Xiao Lin, distribute the documents."

Ding Kuiyong gave an order, and a young man standing behind him immediately distributed the stack of documents he was holding one by one.

The representatives of the major battery manufacturers picked up the documents and looked at them carefully.

These issues had been briefly communicated over the phone before. After internal discussions, they had all agreed to these conditions. Now, they were just going through the motions to discuss the details.

Seeing that everyone had finished reading, Ding Kuiyong continued:

"If you have no objections, let's sign the letter of intent first. After you return tomorrow, please arrange for the asset stripping as soon as possible. I will subsequently arrange for auditors to conduct asset audits and evaluations. I hope to complete the acquisition process within one month."

"However, as stated in this document, due to funding issues, the acquisition payment will be paid in three installments over the next two years."

"The first installment is 20%, to be received within two months of signing the contract; the second installment is 30%, to be received within one year of signing the contract; the third installment is 50%, to be received within two years of signing the contract."

"Does anyone have any objections?"

The group looked at each other silently.

In such a passive situation, how could they have any objections? If they really had objections and Tianqi Energy gave up the acquisition, their losses would be even greater. Just like the other two hundred or so power battery manufacturers not chosen by Tianqi Energy, their only paths were basically transformation or bankruptcy.

After signing the letter of intent, Ding Kuiyong warmly hosted everyone at a nearby hotel and arranged for them to rest at the hotel for the night.

◈

End of Chapter

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