In the process of enterprise development, financing is indispensable.
To raise capital, a portion of equity must be ceded.
Back then, Chery also gained development opportunities by gratuitously transferring 20% of its shares to SAIC.
Holding 100% of the shares and guarding a small factory amounts to nothing.
If 10% of the shares are worth 100 million and 100% of the shares are worth 1 million, how would you choose? No need to choose.
"Boss, why did you bring a Barbie doll out?"
"General Manager Xie gave it to Jinyue."
"Oh, what a shame. If you had brought little Jinyue today, I wonder how happy she would have been."
"You're the happy one, aren't you? Next time I catch you pinching her face again, I'll dock your pay."
The older generation in Yicheng would say that pinching a child's cheek would make them drool.
Whether there's scientific basis is unknown, and it hasn't been statistically proven if they really drool, but such talk has been heard since childhood and is still often heard even after adulthood.
It's like brainwashing; regardless of whether it's true, having heard it since childhood, Tan Jincheng also half-believed it.
"I won't dare next time, I won't dare next time."
Zhao Xinyi quickly said.
How embarrassing, after pinching little Jinyue's face a few times, she was actually caught by the boss.
"Let's go to the district government."
Tan Jincheng said to Li Yaohui in the front row.
"Alright."
Group corporatization has nothing to do with the district government, but Tan Jincheng does not plan to locate the second industrial base in Beicang anymore.
The district probably still doesn't know this, so it still needs to be reported.
The finance department is calculating the costs of building two factory areas and acquiring the motor company.
Financing from Beicang Urban Investment is one aspect, but these funds are definitely not enough; the rest will certainly have to be borrowed from banks.
The Beicang District government is currently Tan Jincheng's biggest reliance; with its support, loans and other aspects will be much more convenient.
The physical manufacturing industry has deep ties with the government; it's impossible to grow an enterprise without the government.
It's both a hidden danger and an opportunity, and all Tan Jincheng can do is cautiously utilize this relationship.
But no matter how it's used, the company's debt ratio cannot be too high.
Financing from Beicang Urban Investment is also to control the debt ratio.
Fortunately, in his previous life, Tan Jincheng stayed in Beicang for 20 years, and the big bosses here had never heard of anything going wrong.
This is much better than many other regions.
After returning from the Imperial Capital, Tan Jincheng clearly felt that meeting the second boss was much easier, and his secretary was much more enthusiastic and familiar than before.
He still went to Leader Gu's office first, explained the details of the group's operation to him.
Afterward, Tan Jincheng went to the second boss's appointed office, and even the second boss joked about Tan Jincheng bringing his sister to work.
"Beicang District really isn't big; such a small matter is known to everyone."
Tan Jincheng smiled helplessly again.
"In celebrity terms, you're currently Beicang's hottest celebrity, so it's normal for everyone to care about you. Oh, by the way, do you have an autograph from that new spokesperson? Get one for my daughter."
The second leader smiled.
"Uh, yes, I do, but it's in the office. I'll have my assistant send it over after I get back."
Brother Chun and Liu Yifei couldn't escape autograph photo promotions, and Chairman Zhou was naturally no exception.
Three consecutive spokespersons, plus Xu Wei invited for commercial performances, all couldn't escape this fate of being asked for autographed photos in the name of fans.
Tan Jincheng's image as a penny-pinching sponsor has spread in a small circle within the celebrity world; even Chairman Zhou no longer believed that Tan Jincheng was his fan.
But it doesn't matter; if Brother Chun doesn't renew the contract later, Tan Jincheng would just sign one more spokesperson at most and wouldn't need them anymore.
"Okay, don't forget, she's been nagging me for days."
The second boss rubbed his head and said helplessly.
Setting aside other identities, he was also a father and hoped to satisfy his daughter with this small matter as much as possible.
If Tan Jincheng couldn't get it, then so be it, but since he came, he might as well mention it.
"Tell me, what brings you here? I know you generally don't like coming to the district government unless it's for something important."
No matter how well Tan Jincheng concealed it, he couldn't escape the perception of these shrewd people.
They could sense that this young man didn't like dealing with government departments.
But this was precisely what they appreciated about Tan Jincheng: maintaining distance and achieving win-win cooperation was the truth.
As for personal connections, everyone was in different fields and the age gap was so significant.
Personal connections might benefit a businessman like Tan Jincheng, but for them, they were useless and might even become a constraint.
Tan Jincheng could grasp all this at such a young age and only discuss official matters, which was very rare.
"My little thoughts still can't be hidden from you, Leader. Here's the thing, I plan to reorganize the industries under my name and implement group corporatization."
The leader didn't speak, signaling Tan Jincheng to continue.
Tan Jincheng continued:
"Before coming, I spoke with General Manager Xie of Beicang Urban Investment. Next, as part of the group corporatization, I will proportionally convert Beicang Urban Investment's shares in Shanchi Technology into shares of the group's parent company. Additionally, General Manager Xie intends to increase investment.
Furthermore, Shanchi Technology also wants to build a lithium battery factory in Beicang District. I wonder if you, Leader, have heard of ATL Company? Their headquarters are currently in Shenzhen, and the development direction of our lithium battery company is to learn from ATL Company."
"Researching new energy vehicle battery systems?"
the second boss asked.
New energy vehicles equipped with power systems were not a new concept in 2006; Dongfeng Motor had already released a battery-powered concept car at the end of last month.
He knew that Shanchi Technology had plans to build cars, and extending from two-wheeled electric vehicles to cars equipped with battery systems was also a research direction.
It was just unknown whether the market could accept it.
"Yes, our future automotive business will move towards new energy vehicles equipped with battery systems to avoid foreign patent and technological monopolies."
"Good, very ambitious, but this road is still long. Currently, our Guojia's car market is still dominated by fuel vehicles. It's not easy to make consumers accept electric system cars; first, range is an issue."
"Yes, we definitely can't achieve this on our own, but I believe the future direction will definitely develop in this area, just like electric vehicles replacing motorcycles. Also, energy security is one of the key points."
Electric vehicles have sold so well this year, partly due to the rise in energy prices, leading to their hot sales.
"Good, a large enterprise indeed needs some long-term plans. You can think of the development situation a few years from now, and are not rushing into electric vehicles, but starting with battery research and development. This aspect is commendable."
"Thank you, Leader. Building a lithium battery factory still requires district support. This project is not small, and I myself don't have the expertise in this area. If there's an opportunity, I'd also like to ask the district to step in to give me a chance to visit ATL Company, and it would be even better if we could poach some people from them."
Ningwang was not established until 2011.
The people who founded Ningwang are still a department within ATL Company today.
It's unknown whether the top talents can be poached, but even second-tier talents could help with the expansion of Hangxin New Energy's factory.
Furthermore, what if Tan Jincheng could persuade them to hand over the company to them for management, while he himself only acts as an investor, allowing them to realize their ambitions?
Wouldn't that necessarily be impossible?
A five-year time difference.
Even with a complete plan for the future, uncontrollable risks must also be considered, right?
Having an investor to share the risks might not be unacceptable.
Moreover, there's the full support of the local government.
"It seems you place great importance on this project?"
The first thing Tan Jincheng mentioned after coming in was the battery project, but he didn't care about the existing electric vehicle business expansion issues.
The leader keenly grasped this point.
"Yes, if the battery project is successfully developed, its application scenarios are very broad, including mobile phones, electric vehicles, and future new energy vehicles. To some extent, the prospects of this project are no smaller than those of the automotive business."
Even larger.
Ningwang supplies batteries to so many new energy vehicle companies, living a remarkably prosperous life.
Furthermore, Ningwang's true strategic planning actually began in 2012, and many of their upstream mineral resources were acquired at high prices after 2012.
In six years, everything has become clear.
The price of upstream mineral resources is naturally much more expensive compared to now.
Starting to plan now, with the 2008 financial crisis in between, the costs will also be much lower.
As long as technological iteration keeps up, there is an excellent technical team, and a five to six-year head start in planning, the steadily developing Hangxin New Energy might very well become the Ningwang of this era, and it's not impossible for it to become Hangwang in the future.
The general trend of history is irreversible, but the details within it can be changed.
At a certain point, a large company or even a great enterprise will emerge, the helmsmen might still be the same group of people, but the investors might not be.
Hangxin New Energy has its own lithium battery R&D team, has the support of the Beicang District government, and has Tan Jincheng's continuous financial investment.
These are all usable resources, not just money, and persuading the top talents is not impossible.
So-called cooperation has always been two-way; if one party only has money and nothing else, then it's destined to be the abandoned party.
"What you're saying is too broad. I can only answer you after I find someone to conduct a market survey. However, building a factory is not a problem; you just need to prepare the planning document and submit the application, but the land plot might be a bit remote."
"Being a bit remote is fine; it can even be placed in Chunxiao. We can build it gradually."
Tan Jincheng smiled.
It would be best to place it in Chunxiao; this way, Geely won't build a factory in Chunxiao in the future, and the future Chunxiao automobile base will belong to Shanchi.
"You are quite sensible and have a broad vision, but isn't Shanchi Technology's electric vehicle business going to continue expanding?"
The leader nodded with satisfaction and said.
"Uh, I don't plan to build the second base in Beicang anymore. I'm preparing to choose Tianjin, as this will be more beneficial for the development of our enterprise."
Tan Jincheng rubbed his head and said sheepishly.
After Tan Jincheng finished speaking, the leader stared at him for a while without speaking, not knowing what he was thinking, which made Tan Jincheng tremble with apprehension.
(End of chapter)