If you cheat, money will follow

At this time, CALT is not yet the King of Ning that it will be after it goes public.

It has not been crazily pursued by various industrial capitals and industrial funds to make people crazy.

At most, all kinds of capital know that there is a battery company called CALT.

There is no desire to reach out and pick peaches.

At present, CALT is not a peach, it is only 1/1500 of the subsidy policy.

In January 09, the “Ten Cities Thousand Vehicles” project was launched.

One month later, the regulator announced the subsidy standards:

The maximum price for hybrid is RMB 5/vehicle;

The maximum price for pure electric vehicles is RMB 6/vehicle;

Hybrid and pure electric buses over 10 meters in length enjoy a discount of RMB 42-50 per vehicle.

Such a large subsidy policy is unprecedented.

It is such a huge subsidy policy that inspires human greed, triggers crazy investment, and leads to the misallocation of market resources.

Because the battery is the core component of electric vehicles, more than 1500 lithium battery companies have emerged in the market in just one year since the policy was implemented.

These more than 1500 companies boasted today that they have developed high-energy-density batteries, breaking foreign monopolies;

Tomorrow we will announce that we have achieved a breakthrough in key technologies, leading the technological trend...

In essence, most of them are shell companies designed to obtain land and low-interest loans.

"CALT wants to continue to accumulate and deepen its technology research and development, but there is a gap in funds. Are you interested, Lezi?" Jiang Zhicheng asked.

"Mr. Zeng, your company wants to bet on ternary lithium batteries?" Chang Le asked Zeng Yuqun.

"Yes." Zeng Yuqun nodded:

"Although lithium iron phosphate is currently the mainstream in China, we believe that ternary lithium batteries have better application prospects and have broader technical space."

"Technology is upward, and we want to push in this direction."

Zeng Yuqun explained the general idea of ​​​​research and development to Chang Le.

When it comes to professional and technical fields, there are inevitably a lot of professional terms. Chang Le doesn't quite understand them, but he still understands the general situation.

Currently, two technical routes have been defined for power batteries: lithium iron phosphate batteries and ternary lithium batteries.

The former has mature technology, lower cost, and long cycle life, but has low energy density.

This technical line is involved in most domestic companies and has a certain amount of technology accumulation, so it is mainstream in the country.

The latter's process is not perfect, and its cost is high, its cycle life is short, and its safety is lacking.

However, the energy density is high, and the core technology is basically in the hands of companies and institutions such as North American 3M Company, Argonne Laboratory, Umicore of the Netherlands, and BASF of Germany.

These corporate institutions then license patents to midstream Japanese and Korean companies such as Panasonic, LG Chem and Samsung SDI, forming a virtual technology monopoly.

At present, that is, in 2013, there is almost no technology accumulation in the direction of ternary lithium batteries in China.

"How much money do you need? How many shares can you give me?" Chang Le answered directly after listening to Zeng Yuqun's words.

"Mr. Chang, how about 10% of the shares? 1 million, too many shares to give. We have to leave room for the next step of financing." Zeng Yuqun said cautiously.

"I only have one request: the 15% of ALT's shares must be withdrawn and let us take over." Chang Le said.

"..." Zeng Yuqun was stunned and said tactfully:

"Mr. Chang, ALT is our company's main supplier"

"That's your problem." Chang Le finished his words:

"Mr. Zeng, you should know that the new energy policy has been elevated to the level of a national policy, and the policy support must be very strong. The policy dividends generated cannot and cannot be taken away by foreign capital."

"I only have this request. If you agree, I can arrange for someone to sign the agreement."

"Mr. Chang, I need to go back to the company to organize people to study and discuss such a big matter." Zeng Yuqun was undecided.

"No problem, I can wait for your reply. However, I will return to Jiangzhou tomorrow." Chang Le said.

"Mr. Chang, I will give you an answer tonight." Zeng Yuqun did not want to delay the time too long, lest he would have a long night and dream.

"Row!"

"Secretary Jiang, thank you for your concern. I want to go back to the company now." Zeng Yuqun said to Jiang Zhicheng.

"Okay, you go ahead. Mr. Zeng, don't consider me. I'm just building a bridge. I'll do whatever is beneficial to the company." Jiang Zhicheng said.

"Understood!" Zeng Yuqun nodded.

After Zeng Yuqun left, Jiang Zhicheng said to Chang Le:

"Lezi, originally I wanted to talk to you about this matter later, but I have to go to Shizhou for research in the afternoon and will come back in a few days. And you will go back to Jiangzhou tomorrow..."

"It's okay, Dad, I also want to thank you for introducing such a good company to us." Chang Le said:

"Our company has a layout in the field of power batteries and has achieved some results, but it lacks the downstream industry end."

"CALT is a company I am very optimistic about. It has technical background and technical ambitions. If possible, I am very willing to invest." Chang Le said.

"That's good. In fact, I personally am very optimistic about this company. Since your introduction, I often go to investigate." Jiang Zhicheng said:

“Every time I do research, this company brings me a lot of surprises.”

"So, I very much hope to help them achieve better development through your financial support if conditions permit."

"Although the East China Sea is located along the coast, compared to other coastal provinces, there are still not many private companies that can offer it."

"The prerequisite is that they can agree to our request." Chang Le said.

"15% of the shares should be harmless," Jiang Zhicheng said.

"Dad, the general situation is really harmless." Chang Le said:

"But in the field of new energy, regulatory policy support will become stronger and stronger."

"Once we acquire shares in CALT, they will become an important part of our layout, so the nail in ALT must be pulled out."

……

In the evening, Zeng Yuqun rushed back to Haizhou and met Chang Le at a food stall.

His face looked a little tired, and it was difficult to make the decision.

"Mr. Chang, there is no problem anymore."

"Okay, wait a moment. I'll introduce a partner to you." Chang Le called Zheng Peng over who had just finished the wine party.

Zeng Yuqun recognized Zheng Peng almost at first sight: "Are you Mr. Zheng from Renaissance Capital?"

Zheng Peng is relatively well-known in the industry.

The main reason is that Renaissance Capital has continued to invest and increase its positions in liquor stocks since its establishment.

I have chosen almost all the famous liquors on the market, from Guojiu, Wuliang, Shuijingfang, to Jiugui, Luzhou, and Gujinggong.

And once you hold it, it won't move regardless of whether it rises or falls.

Because of this, Fuxing Capital has been dubbed the wine industry capital by the industry.

Even though Guojiu's stock price has almost halved this year due to declining performance and tightened supervision, Renaissance Capital bucked the trend and aggressively increased its position, treating the losses as nothing.

Zheng Peng has also been bullish on liquor stocks in the media many times, claiming that liquor stocks are at the bottom at any time, and buying them is buying the bottom.

This kind of investor who is consistent in his words and deeds is deeply welcomed by the management of liquor companies.

As a result, Zheng Peng became a guest of dozens of liquor companies. Buying puree liquor or vintage liquor was a trivial matter.