Chapter 2763
Zhou Andong raised his head and slowly placed the documents on the coffee table, and Ye Wengui also appropriately closed his mouth.
"Ye Zong!" Zhou Andong pointed at the documents with his finger: "I very much agree with your view, the prospects for electric vehicles are very broad..."
Ye Wengui's face lit up, he opened his mouth to speak, but was interrupted by Zhou Andong waving his hand: "Listen to me finish what I have to say."
"Okay, okay, okay!" Ye Wengui hurriedly said: "You say, you say."
Zhou Andong finally took a puff of his cigarette, pressed the butt into the ashtray: "The prospects for electric vehicles are indeed very broad, but being one step ahead is advanced, two steps ahead is pioneering, three steps ahead is martyrdom. Now the timing for developing electric vehicles is not right, it's no longer a matter of being ahead by a few steps, but rather suicidal behavior."
Ye Wengui's eyes gradually dimmed, his heart sank straight to the bottom of the valley. He sighed silently, could his electric vehicle dream really be shattered like this? I'm unwilling, I only need twenty million, with another twenty million I will definitely succeed.
"But!" Zhou Andong spoke again at this moment: "Although developing electric vehicles now is suicidal behavior, as long as one doesn't die, in the future one can dominate the electric vehicle market."
Ye Wengui's eyes lit up again, he eagerly said: "Zhou Dong, I only need twenty million in investment, I will definitely be able to hand you a perfect electric vehicle."
Saying this, Ye Wengui stood up with a swish, bowed to Zhou Andong: "Please believe me, I will definitely be able to do it."
"Twenty million, I have it!" Zhou Andong waved his hand: "But have you considered that even if it's a hybrid vehicle, the selling point is still electricity, how do you solve the charging problem?
And battery antifreeze and cold resistance, how much electricity can be released when fully charged in winter. Especially the winter in Northeast China, twenty to thirty degrees below zero, extreme weather forty-plus degrees below zero, can electric vehicles start?"
Saying this, Zhou Andong's finger heavily tapped that stack of documents: "These days, who would you sell electric vehicles to after developing them?"
Ye Wengui opened his mouth, but in the end said nothing. These problems he had already considered long ago, and moreover, the first generation of electric vehicles was precisely because of charging problems that he invested heavily in developing hybrids.
But just as Zhou Andong said, the selling point of hybrids is still electricity, many problems cannot be solved in a short time. Even if they could be solved quickly, who would spend money to buy electric vehicles?
"Zhou Dong!" Ye Wengui took a deep breath, he wanted to make one last effort to persuade Zhou Andong: "You just said that developing electric vehicles now means one can dominate the electric vehicle market in the future."
"Not bad!" Zhou Andong nodded: "The prospects for electric vehicles are very broad, continuing development now will surely allow one to dominate the electric vehicle market in the future. But at least fifteen more years are needed before electric vehicles will have a market.
And during these fifteen years, continuous investment in R&D is required—batteries, motors, transmissions, chassis, etc. —these R&D investments, let alone twenty million, even two hundred million would not be enough.
So twenty million is far from enough, even if I gave it to you, the final result would still be unchangeable. Therefore, you must leverage the electric vehicle R&D project to make money.
Only with the ability to make money can one achieve continuous investment, achieve a virtuous cycle. Otherwise, relying solely on pulling investment won't work. After all, this world only has one Jia Lao Ban."
"Who is Jia Lao Ban?"
Ye Wengui was stunned, his brain desperately searching domestically for that Jia-surname boss whom Zhou Andong so highly praises. But his brain was practically smoking, in his memory he finally found two Jia-surname bosses. But those two Jia-surname bosses were just doing small business in Wen Cheng, how could Zhou Andong possibly know them?
"You don't need to worry about who Jia Lao Ban is." Zhou Andong muttered in his heart, Jia Lao Ban is still in school, will graduate next year: "Now you tell me, I give you twenty million investment, what percentage of shares can you give me."
Ye Wengui looked bewildered: "Zhou Dong, you... you aren't..."
Zhou Andong said with a smile: "You first tell me, what percentage of shares can you give me."
"Forty percent!" Ye Wengui blurted out, then immediately added: "Fifty percent is also possible."
Zhou Andong laughed again, Ye Wengui is really generous. The money he has invested in R&D has already exceeded eighty million, plus technical patents, a valuation of one hundred fifty million is absolutely no problem. But it also must be said that Ye Wengui is truly steadfast, preferring to completely abandon R&D, letting early investments go to waste, rather than selling the technology to Waiguo Ren.
"Twenty million, give me half the shares." Zhou Andong said emotionally: "Ye Zong, you are indeed very generous."
Ye Wengui also looked helpless, honestly said: "Because even if I take out fifty percent shares, besides Zhou Dong, no one would give me an opportunity."
"I don't want your fifty percent." Zhou Andong said thoughtfully: "According to normal valuation, you should have a price in mind."
Ye Wengui was stunned for a while before saying: "Zhou Dong, you..."
"Like Ye Zong, who spares no effort and is dedicated to self-developed entrepreneurs, I have great respect for you." Zhou Andong said with a smile: "So, I will support you, give you investment, and naturally will not take advantage of you."
Ye Wengui took a deep breath, he was truly moved: "Ye Feng Automobile I have already invested over eighty million, plus technical patents, the total valuation is around one hundred forty million to one hundred sixty million."
"Then let's calculate based on a valuation of one hundred sixty million." Zhou Andong said thoughtfully: "I will give you thirty-two million, twenty percent shares. But, no matter how many future financing rounds, this twenty percent share must not be diluted, this must be written into the contract."
"No problem." Ye Wengui agreed without even thinking, he does not consider the condition that twenty percent shares cannot be diluted to be a condition. After all, as a businessman, and moreover a very successful businessman, in business one speaks business, obtaining the highest benefit with the smallest cost is normal.
But like Zhou Andong, who not only did not press down the price, but instead gave him an extra twelve million, yet only took twenty percent shares. This is something a normal businessman could not do, therefore he is truly deeply impressed by Zhou Andong's breadth of mind and ambition.
Zhou Andong picked up the teacup, took a light sip, 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 handled by Qiudong Fang, you go to Qiudong Fang Jingcheng branch to find General Manager Han Meiqin to sign the contract, I will call to notify her. After signing the contract you come back to find me, I will tell you how to make money."
"Okay!" Ye Wengui couldn't suppress his inner excitement, grabbed his briefcase and left. At the same time his mind kept turning, wondering how Zhou Andong could make this electric vehicle project profitable, but even after getting on the bus he still couldn't figure it out.
"Ah!" Ye Wengui sighed, one hand tightly gripping the armrest, eyes gazing at the slowly moving scenery outside the window, murmuring: "He also often ponders this matter, but after pondering for several years he still hasn't figured it out. If Zhou Andong can really give out a way to make money, then Zhou Andong is not a person but a god."
End of Chapter
