They are all reborn, and the grandson is still a spare tire

Chapter 546 Labor creates wealth

About ten minutes later, Yao Yuanfang finished introducing his investment plan.

Jiuye Investment plans to spend tens of billions to build a new energy vehicle industrial park in Chang'an and Pengcheng.

In addition to investing in BYD, Jiuye Investment will also invest heavily in the upstream and downstream industries of new energy vehicles to form a complete industrial chain.

Like BYD, other related companies that accept Jiuye's investment will also build factories and produce in these two industrial parks to form a cluster effect as soon as possible.

For such a large investment, Governor Yuan and Secretary Li naturally supported it with both hands.

And they promised to provide strong support for the construction of the industrial park and the entry of related enterprises, including tax exemption policies.

At the end of the meeting, BYD President Wang suddenly asked curiously:

"Mr. Yao, there is something I don't quite understand. I hope you can explain it to me."

"Jiuye Investment is now a world-famous capital giant with extremely strong strength and its ability to make money is unparalleled in the world."

"As far as I know, in just one day from Thursday to Friday last week, you made more than 50 billion U.S. dollars in the international financial market."

"This incident is said to have caused a sensation in the entire international financial market. We have never even heard of such amazing profitability."

"Obviously, for Jiuye Investment, it is very easy to make money in the financial market, and we, the physical enterprises, cannot catch up."

"In that case, why do you want to invest heavily in the industry? The annual profits of any domestic automobile company may not be as much as you make in a day!"

Not only Mr. Wang, but also Governor Yuan and Secretary Li also had the same question.

As this question was raised, both leaders looked at Yao Yuan.

Without any hesitation, Yao Yuan immediately gave the answer.

"The reason is actually very simple. Labor creates wealth! The real economy is the fundamental and foundation, and finance is a gorgeous palace built on this foundation."

“Financial investment itself does not create wealth, but only the transfer and circulation of wealth. Finance separated from the real economy is nothing more than a mirage.”

"Jiuye Investment has indeed made a lot of money in the international financial market. I also admit that making money in the financial market is indeed much easier than investing in the real economy."

"But if Jiuye Investment wants to develop in the long term, it must invest the money it earns into the real economy and serve the real economy in order to achieve healthy development."

"Not only Jiuye Investment, but also the development of our country, we cannot let finance hollow out the real economy, but should serve the real economy and achieve efficient development."

"When it comes to finance hollowing out the real economy, the current beautiful country is an example. The occurrence of this subprime mortgage crisis is the consequences of the barbaric growth of financial capital."

"It is no exaggeration to say that most of the profits Jiuye Investment made from the international financial market came from the huge bubble caused by the subprime mortgage crisis. We must put an end to this kind of thing..."

The other three people were silent, nodding frequently and a bit shocked.

When Yao Yuan finished speaking, Governor Yuan immediately nodded approvingly and said:

"Finance must serve the real economy. This is a very good statement and deserves a careful discussion."

"When we develop the economy, we really can't just focus on the profits on the books, but also how much wealth is created. This is the most important thing."

"It also depends on what benefits it brings to the country, society and people. Capital is just a tool, not a purpose."

Naturally, no one had any objection to Governor Yuan's words.

After chatting for a few more words, everyone walked out of the lounge and returned to the meeting room outside.

Subsequently, the talks officially began.

Today's meeting is actually just a formality.

The relevant content of the talks, as well as many of the terms of the agreement, have been agreed upon a few days ago.

In less than half an hour, the four parties reached a consensus and decided to sign relevant agreements.

The most important agreement among them is naturally the equity transfer agreement.

According to this equity transfer agreement, Jiuye Investment invested US$15 million to acquire % of BYD's equity and officially became BYD's third largest shareholder.

At the same time as signing the equity transfer agreement, Li Haiyang signed a concerted action agreement with Mr. Wang on behalf of Jiuye Investment Company.

As long as it does not infringe on Jiuye's investment interests, Mr. Wang has the voting rights for this part of the equity.

In this way, his voice in BYD has been strengthened.

In addition to the equity transfer agreement, Jiuye Investment and BYD are one party and have signed agreements with the Pengcheng City Government and the Guanzhong Provincial Government respectively.

Build a new energy vehicle factory and several new energy vehicle research institutions in Pengcheng and Chang'an respectively to carry out the production and research of new energy vehicles.

The funds for BYD to build factories in the two places were provided by Jiuye Investment in the form of low-interest loans.

The new energy vehicle technology research institution is also funded and constructed by Jiuye Investment, with research funds jointly provided by BYD and Jiuye Investment.

All results born from these research institutions, as well as new energy technology patents, are shared by the two companies, each holding a 50% interest.

In addition, Jiuye Investment will also contribute funds to several top universities in Guanzhong, develop majors related to new energy vehicles, etc.

With the conclusion of this series of agreements, Jiuye Investment’s layout in the field of new energy vehicles has begun to take shape.

At the end of the meeting, Mr. Wang said with great joy:

"Governor Yuan, Secretary Li, Mr. Yao, let's go to the banquet hall downstairs to sign the contract, and then announce the news to the media."

"I'm sure that once these news are announced to the outside world, they will definitely cause a huge sensation and shock the entire domestic automobile industry."

Following Mr. Wang's words, everyone laughed.

Immediately afterwards, everyone left the conference room and prepared to take the elevator to the banquet hall downstairs.

When coming out of the conference room, Governor Yuan suddenly whispered:

"Yao Yuan, as far as I know, your father works in a group company under the Provincial Department of Transportation and is one of the group's senior leaders."

"You are planning to invest in building a new energy vehicle industrial park in Chang'an. Do you need to transfer your father to manage it? It can be considered a professional counterpart."

Without thinking, Yao Yuan shook his head.

"Thank you for your kindness. I won't bother you with this matter. I don't want my family to get involved in the management of my company."

"The more important reason is that my dad is different from Mr. Wang and others and lacks the ability to develop. It is a bit inappropriate for him to manage a company."

"With my dad's relatively reserved character, he prefers some academic and administrative positions. Now he also lacks motivation."

Before he finished speaking, Governor Yuan smiled.

"Hahaha, you dare to say that I don't have enough pioneering ability. If your father finds out, he won't beat you."

"It doesn't matter. I've been beaten a lot since I was a kid, and I was often beaten in mixed doubles. One more time doesn't hurt."

Yao Yuan said jokingly.

Following his words, the laughter suddenly became louder.

Immediately afterwards, Secretary Li continued:

"It's no wonder. You performed so well. It's inevitable that your father lacks motivation. It's human nature."

Hearing this, everyone nodded in agreement.

At the same time, everyone was envious.

Most of the people present were in their forties or fifties. Who wouldn't want his son to be as outstanding as Yao Yuan, who would become famous all over the world at a young age.

But it is a pity that his children are very different from Yao Yuan.

Thinking of this, many people feel itchy at the root of their teeth.

Fortunately, their children were not around, otherwise they would have been slapped twice.

While talking, the elevator has arrived.

Everyone immediately walked into the elevator and went downstairs.