May 8th, Monday, Beicang City Investment Company Headquarters.
"Oh? Mr. Tan didn't bring his sister today? Then I can't give out this gift."
Xie Junhong said with a smile, looking at Tan Jincheng who only brought his personal secretary.
Beicang itself isn't big, and the social circle is just as small, so it's not surprising that everyone knows a little unusual news.
These past few days, Tan Jincheng had been taking his sister everywhere he went.
At first, everyone was a bit disbelieving, but after actually seeing it, they realized it was true.
Gradually, some people would buy Tan Jincheng's sister small toys, snacks, and such.
On one hand, the child playing with toys wouldn't disturb them during discussions, and on the other hand, it was a way to befriend Tan Jincheng.
Everyone has a weakness, but it was honestly a bit difficult to befriend 20-year-old Tan Jincheng and secure business from Shanchi Technology.
He was notoriously bad at drinking and generally wouldn't accept invitations to banquets.
As for gift-giving, on one hand, you might not be as wealthy as him, and what you buy might not suit his taste.
On the other hand, Tan Jincheng's lifestyle was relatively modest.
Logically, with his wealth, buying a luxury car worth several million for enjoyment would be no problem, but he was still driving that A6.
His attire was also quite "simple," and on his wrist, he still wore a Longines watch, which was reportedly a gift from his girlfriend.
He didn't enjoy eating, drinking, or playing, and his girlfriend was fixed.
It used to be quite difficult to make a proactive breakthrough with him.
Now it was good; knowing he had a beloved younger sister presented an excellent entry point.
Give a peach for a plum; as a minor shareholder of Shanchi Technology, Tan Jincheng fully respected the interests of shareholders during the process of forming a group.
Xie Junhong, like others, also prepared a Barbie doll for Tan Jinyue.
He paid for this out of his own pocket; hey, he really didn't know how expensive these things were before buying it.
"Everyone was just joking around. My parents went traveling a few days ago, and my mom came back yesterday,"
Tan Jincheng said with a helpless smile.
Actually, Tan Jinyue also wanted to come along today.
The little girl had too much fun during the week, visiting many places she had never seen before, meeting many people, and receiving many gifts and snacks.
Everyone was very kind to her.
On the first day at the cafeteria, there wasn't much interaction, but by the second day, some young women in the company would leave small snacks like lollipops on the table to amuse her.
The life of repetitive work was too monotonous.
When a cute little girl suddenly appeared in the company, all the young people wanted to tease her.
The bolder ones would even pinch her little cheek when Tan Jincheng wasn't paying attention.
Well, that was Zhao Xinyi; others didn't have this opportunity.
"So that's how it is. Mr. Tan is filial, letting his parents travel on their own while you help take care of the child,"
Xie Junhong nodded and said.
Then he smiled again and said,
"But Mr. Tan still has to take that doll back later. We don't have any girls in my family, and my son is quite old. If I brought a doll home, he'd probably make a fuss."
After speaking, he pointed to the Barbie doll placed in the corner of the meeting room.
Tan Jincheng also smiled,
"Alright, then I'll thank this handsome uncle on behalf of my little Jinyue."
"Haha, I'm getting old. When it comes to being handsome, it's still you, Mr. Tan. Didn't they say online that you're the most handsome post-80s entrepreneur?"
"There's too much nonsense online; you can't take it seriously."
"But those financial magazines online all predict that Mr. Tan's Shanchi Technology will have major moves in the next two years. Is forming a group company the start?"
This was getting to the main topic.
"That's right, that's not wrong. Shanchi Technology will also build a second phase project and a battery factory in the future. Additionally, what I mentioned at the Olympic signing ceremony about self-developed motors and controllers is also true, but I lean more towards acquisition because it's faster that way."
"Hmm, yes, some things don't necessarily have to be done by oneself. It's better to complete one's supply chain through acquisitions and capital. Mr. Tan, that's a good idea,"
Xie Junhong also nodded and said.
City investment companies, by nature, deal with investment.
Xie Junhong understood the power of capital better than Tan Jincheng.
For things like building industrial bases, there's no other way; you can only build your own factory.
But for other parts of the supply chain, acquisition or equity investment is often better.
Even for batteries, if Shanchi Technology wasn't independently developing lithium batteries but wanted to build mainstream lead-acid batteries, acquiring shares would be more convenient.
To put it plainly, the growth and expansion of an enterprise is essentially about integrating the supply chain and leveraging all its power.
Capital operation can play a significant role in this.
The previous method of Shanchi Technology collaborating with its plastic parts supplier, Mingcan Plastics, to establish a new company was quite good.
Although the young man in front of him only had a high school education, he still had some skill in running a business.
As for the online rumors about him having a powerful figure behind him, Xie Junhong, as an insider, knew that was nonsense.
Shanchi Technology was able to reach its current position partly because of good luck; the district needed such a project to drive the integration of the entire industrial chain, and strong electric vehicle brands from Zhe Province couldn't possibly move to Beicang District, so supporting local brands became very necessary.
On the other hand, it relied more on his talent, diligence, and willingness to learn.
"Mr. Tan sent all the financial reports of his affiliated companies to Beicang City Investment. What exactly does this mean? Is there anything you need Beicang City Investment to cooperate with?"
Xie Junhong also got straight to the point.
He had been to the district before, and the district had expressed hope that City Investment would cooperate as much as possible, provided Tan Jincheng's demands weren't too excessive.
However, they still hadn't revealed Tan Jincheng's plan to manufacture cars.
For no other reason than that the time was not yet ripe.
Zhongtai's Beicang factory hadn't even been established.
At this point, one more person knowing meant one more risk.
Currently, this plan was known to only three people in Beicang District, including Tan Jincheng.
"I want to spin off Hangxin New Energy, and then transfer the shares of other companies held by Shanchi Technology to Juliang Engine. Shanchi Technology will then focus on the production and sales of complete electric vehicles, including exports."
Hangxin New Energy was currently considered Shanchi Technology's controlling subsidiary, with Mingcheng Industry and Zhongtai Automobile also holding investment shares.
Spinning it off and placing it under Juxing Engine, which was Tan Jincheng's, would make it Tan Jincheng's personal asset.
And the compensation given to Shanchi Technology was merely an export business, which was clearly not enough to show sincerity.
Xie Junhong also knew there must be more to it.
"And then?"
Xie Junhong said with a smile.
Although a 5% shareholder held a relatively small stake, it was actually considered a major shareholder.
Regardless of Beicang City Investment's background, Xie Junhong also knew that given Tan Jincheng's proactive submission of financial reports, he wouldn't do anything that would harm shareholder interests.
"Then Beicang City Investment can exchange its 5% stake in Shanchi Technology for shares in the group's parent company. The specific ratio can be further discussed with Mr. Xie,"
Tan Jincheng also said with a smile.
The conference room suddenly became quiet.
Neither of them brought a secretary; this was considered a private discussion.
Xie Junhong didn't expect Tan Jincheng to offer such a large slice of the pie.
Shares in the parent company were different from shares in a subsidiary; this involved the entire industrial chain, including Tan Jincheng's private assets, such as his 100 apartments.
Even a 1% stake in the parent company would entitle one to a share of the profits from those apartments!
Additionally, although he couldn't tell if that internet company would succeed, it had generated 8 million yuan in revenue in its first month of operation last month.
This alone was enough to ensure the company wouldn't go bankrupt within two years; they could do whatever they wanted with it.
The internet industry was also an emerging sector.
Since Tan Jincheng decided to enter it, he must have seen a trend and wanted to try his luck.
If successful, it would be like 'three years without business, one year of business for three years' worth of profit.
Unsuccessful? That was fine too; 8 million yuan in revenue could already ensure Chenzi Technology wouldn't lose money.
Furthermore, there was Hangxin New Energy, which was researching a lithium battery project.
If the research succeeded, it would be a huge piece of fat.
Although it had been spun off from Shanchi Technology, holding shares in the parent company meant that the interests were not harmed.
Zhongtai Automobile, Mingcheng Industry—all of these were industries with very promising prospects.
For Beicang City Investment, this wasn't a loss; this was being given money.
"Mr. Tan, you're not joking, are you?"
Xie Junhong couldn't help but ask.
He then teasingly added,
"Or does it mean my Barbie doll hit Mr. Tan's soft spot?"
He couldn't help but be disbelieving.
Involvement in the entire industrial chain—this pie was a bit too big, almost like manna from heaven.
"Haha, Mr. Xie can think that. It's an honor for me to have the head of Beicang City Investment pay for a gift out of his own pocket. Besides, I really have no need to joke with you, Mr. Xie, on such an important matter."
"However, the 5% shares in Shanchi Technology definitely won't be able to exchange for 5% shares in the parent company."
Xie Junhong also smiled and nodded,
"I understand that. 5% and 5% are not the same."
Before Xie Junhong could finish, Tan Jincheng added,
"Unless you add more money~!"
Xie Junhong was taken aback, then immediately said,
"Add, definitely add. We don't need much, 5% will be fine."
Only then did Xie Junhong realize that Tan Jincheng was here to raise funds.
But how could they let such a good opportunity pass?
What Beicang City Investment lacked least was money.
The entire group covered electric vehicles, automobiles, lithium batteries, internet, and investments.
Additionally, it had import and export businesses with very ample cash flow, and all showed good development momentum.
Shanchi Technology, in particular, was already showing signs of being ready for listing.
This was a solid model of a large company; in the future, it might very well become another Shenzhou Group!
"Then we'll agree on this: we'll discuss the amount of capital injection based on a 5% stake. Mr. Xie, please don't drive down the price too hard."
"No problem, but let's leave such matters to a professional audit team."
"That's what I was thinking too."
(End of Chapter)