Chapter 2468
Zhou Andong raised his head and slowly placed the documents on the coffee table. Ye Wengui also closed his mouth at the right time.
"General Manager Ye!" Zhou Andong pointed at the documents with his finger: "I very much agree with your point of view, the prospects for electric vehicles are very broad..."
Ye Wengui was overjoyed and opened his mouth to speak, but was interrupted by Zhou Andong waving his hand: "Listen to me finish."
"Okay, okay, okay!" Ye Wengui hurriedly said: "You speak, you speak."
Zhou Andong took a final puff of his cigarette and pressed the butt into the ashtray: "The prospects for electric vehicles are indeed very broad, but being one step ahead is advanced, being two steps ahead is a pioneer, and being three steps ahead is a martyr. Now is not the time to research electric vehicles; it's no longer a question of being a few steps ahead, but a suicidal act."
Ye Wengui's eyes gradually dimmed, and his heart sank to the bottom all at once. Sighing silently, was his electric vehicle dream really going to be shattered? I'm not reconciled; I only need 20 million, and with another 20 million, I will definitely succeed.
"However!" At this time, Zhou Andong spoke again: "Although researching electric vehicles now is a suicidal act, as long as you don't die, you will be able to dominate the electric vehicle market in the future."
Ye Wengui's eyes had light again, and he said eagerly: "Chairman Zhou, I only need an investment of 20 million, and I will definitely be able to hand you a perfect electric vehicle."
As he spoke, Ye Wengui stood up and bowed to Zhou Andong: "Please believe me, I will definitely be able to do it."
"20 million, I have it!" Zhou Andong waved his hand: "But have you thought about it? Even if it's a hybrid vehicle, the selling point is still electricity. How do you solve the charging problem?
Also, the battery's frost resistance and cold resistance; how much electricity can it release when fully charged in winter? Especially in the winter in the Northeast, minus 20 or 30 degrees, extreme weather minus 40 degrees, can the electric car start?"
Speaking of this, Zhou Andong knocked heavily on the stack of documents: "In this day and age, who are you going to sell the electric car to after you research it?"
Ye Wengui opened his mouth, but in the end, said nothing. He had considered these problems long ago, and it was because of the charging problem of the first-generation electric car that he invested huge sums of money to research hybrids.
But just as Zhou Andong said, the selling point of hybrids is still electricity, and many problems cannot be solved in a short time. Even if they could be solved quickly, who would spend money to buy an electric car?
"Chairman Zhou!" Ye Wengui took a deep breath. He still wanted to make one last effort to try to persuade Zhou Andong: "You just said it yourself, researching electric vehicles now means dominating the electric vehicle market in the future."
"That's right!" Zhou Andong nodded: "The prospects for electric vehicles are very broad. Continuing to research now will definitely dominate the electric vehicle market in the future. But it will take at least another fifteen years for electric vehicles to have a market.
And for these fifteen years, you have to continuously invest in research—batteries, motors, transmissions, chassis, etc. These research investments, let alone 20 million, even 200 million is not enough.
Therefore, 20 million is far from enough. Even if I gave it to you, the final result still wouldn't change. Therefore, you have to use the electric vehicle research project to make money.
Only by having the ability to make money can you achieve sustainable investment and a virtuous cycle. Otherwise, relying solely on attracting investment won't work. After all, there is only one Boss Jia in this world."
"Who is Boss Jia?"
Ye Wengui was stunned, his brain trying hard to search for which boss with the surname Jia in the country could be so highly praised by Zhou Andong. But his brain was smoking, and he finally found two bosses with the surname Jia in his memory. But those two bosses with the surname Jia only did some small business in Wencheng; how could Zhou Andong possibly know them?
"You don't need to worry about who Boss Jia is." Zhou Andong muttered to himself; Boss Jia was still in school and wouldn't graduate until next year: "Now tell me, if I invest 20 million in you, how many shares can you give me."
Ye Wengui was dumbfounded: "Chairman Zhou, you... you aren't..."
Zhou Andong said with a smile: "You tell me first, how many shares can you give me."
"Forty percent!" Ye Wengui blurted out, and then added: "Fifty percent is also fine."
Zhou Andong laughed again. Ye Wengui was truly generous. He had already invested more than 80 million in research, plus technical patents; a valuation of 150 million was absolutely no problem. But it had to be said that Ye Wengui was truly tough; he would rather completely give up research and let his previous investments go to waste than sell the technology to foreigners.
"20 million for half the shares." Zhou Andong sighed: "General Manager Ye, you really are generous."
Ye Wengui was also helpless and said very honestly: "Because even if I took out 50 percent of the shares, no one except Chairman Zhou would give me a chance."
"I don't want 50 percent of your shares." Zhou Andong said thoughtfully: "Let's go by the normal valuation. You should have a price in your mind."
Ye Wengui was stunned for a long time before saying: "Chairman Zhou, you..."
"I have great respect for entrepreneurs like General Manager Ye who spare no cost and are committed to self-research." Zhou Andong said with a smile: "So, I will support you and invest in you; naturally, I won't take advantage of you."
Ye Wengui took a deep breath. He was truly moved: "I have already invested more than 80 million in Yefeng Automobile, plus technical patents, the total valuation is around 140 million to 160 million."
"Then let's calculate it based on a valuation of 160 million." Zhou Andong said thoughtfully: "I will give you 32 million for 20 percent of the shares. However, no matter how many rounds of financing there are later, these 20 percent of shares cannot be diluted. This must be written into the contract."
"No problem." Ye Wengui agreed without even thinking. He didn't think that the 20 percent of shares not being diluted was a condition. After all, as a businessman, and a very successful one at that, business is business, and it is normal to get the highest benefit at the lowest cost.
But like Zhou Andong, who not only didn't lower the price but gave him an extra 12 million while only taking 20 percent of the shares—this was not something a normal businessman could do. Therefore, he was truly impressed by Zhou Andong's breadth of mind and spirit.
Zhou Andong picked up the teacup, took a shallow sip, and then said: "Did you bring the contract?"
Ye Wengui hurriedly said: "I brought it, but some places need to be changed."
Zhou Andong said: "This investment will be made by Xiangjiang Qiudongfang. You go to the Xiangjiang Qiudongfang Beijing branch to find General Manager Han Meiqi to sign the contract. I will call to notify her. After signing the contract, come back to find me, and I will tell you how to make money."
"Okay!" Ye Wengui couldn't suppress the excitement in his heart and left with his briefcase. At the same time, his brain kept spinning, wondering how Zhou Andong could make the electric vehicle project make money, but he didn't figure it out even after he got on the bus.
"Sigh!" Ye Wengui sighed, clutching the handrail tightly with one hand, looking at the slowly moving scenery outside the window, and muttered to himself: "He has also pondered this matter often, but hasn't figured it out after pondering for several years. If Zhou Andong can really give a way to make money, then Zhou Andong is not a human but a god."
End of Chapter
