I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

No wonder Tencent did nothing when the new energy boom started some time ago.

It is nothing like the other companies that have high-profile joined forces with traditional car companies to announce the construction of cars.

It turns out that they had set their sights on Kirin batteries very early on!

To be honest, even though Kirin Batteries has a huge number of orders, its market value is not that high.

Firstly, it is an industrial enterprise, and its valuation is not high.

Secondly, the market for this type of new energy battery has not yet received full attention from capital.

Everyone's current focus is on the car itself. As for the battery, although everyone knows about it, not many people come to negotiate investment.

It is estimated that the power battery factory will not receive real attention until the production of Kirin Battery and CATL is insufficient, and a series of problems arise such as car companies having no batteries to build cars.

But no matter what, the Kirin Battery Factory still holds a relatively high position in Jiang Hao's heart.

No matter how strong his intention to acquire Totoro was, he knew how much the acquisition would help Haijing's listing.

But when it comes to the Kirin Battery Factory, he still needs to weigh the pros and cons in his heart.

Mr. Ma, who was sitting opposite, was not in a hurry either. In fact, for Tencent, it cannot be said that it has really paid attention to the absolute potential of power batteries.

But recently, Mr. Ma has really paid attention to Jiang Hao's series of investments.

In recent years, Haoyue Capital's actions have gone from being ignored in the beginning to some companies gradually achieving results and attracting attention.

Now, after careful investigation by Mr. Ma, it was discovered that Haoyue Capital’s investments have almost never failed.

Currently, more than 50% of all invested companies have achieved results and received returns.

When he felt that the future of Totoro after the merger with Huya was not optimistic, he finally set his sights on Jiang Hao.

Knowing that most of Jiang Hao’s investments would not fail, he found Kirin Battery among Haoyue Capital’s investments.

Jiang Hao's contemplation and consideration in the office have only made Mr. Ma more determined to invest in Kirin Battery.

"Boss Jiang, I just want to buy shares, not control the shares."

"I just want to have an impact on the new energy industry. I can assure you of that."

Seeing that Jiang Hao showed no sign of reaction and hadn't said anything in response, Mr. Ma couldn't help but add something.

“Just investing in Kirin Battery in the form of financing?”

"Sure! Any form is fine."

Seeing that Jiang Hao was on high alert, Mr. Ma also knew that his Tencent Group did have a poor reputation in some aspects.

But he did not lie about Kirin Battery and he really just wanted to buy shares.

Tencent has made some arrangements in this industry, and its main business has always been the gaming industry based on social platforms.

I just don’t want to miss this opportunity in this era of rising new energy.

Just based on the feedback Jiang Hao gave him today, even if Kirin Battery fails to acquire a stake in it, he will turn his attention to CATL.

"Boss Ma, let me make one thing clear in advance."

"25% of Kirin Battery's shares are owned by Jiangnan State-owned Assets Supervision and Administration Commission. I alone cannot make the decision on financing matters."

“If we can really agree on the form of financing, we can discuss the valuation.”

"If it really doesn't work, I can personally sell you 10% of the shares. This is my bottom line."

Jiang Hao's face was very serious, and he explained the situation of Kirin Batteries in a serious manner.

In fact, I felt okay inside. When I started to consider this matter, I was indeed a little reluctant to let Tencent come in.

After all, Kirin batteries have already shown initial results, and now it is almost time to reap the rewards.

However, when I think about the company's current expansion, insufficient production capacity, equipment ordering and a series of other problems.

Including Kirin Battery's almost 100% debt, if it weren't for the economic crisis that year and Secretary You taking the lead in rescuing the market, this company would not have been able to survive.

In this case, it would be better to raise funds at a high price and give Tencent a chance.

It is also necessary to alleviate the debt appropriately. In case the subsequent expansion requires more funds, it is not a good idea to continue to take advantage of Director Zhou of the State-owned Assets Supervision and Administration Commission.

"Okay! No matter how much the Kirin battery is valued at, as long as it's within a reasonable range, we at Tencent can take it over."

"If it is Mr. Jiang who is transferring your shares personally, I guarantee that the price will satisfy you."

Upon hearing that Jiang Hao was willing to take a step back and personally transfer 10% of the shares to Tencent as a guarantee, the smile on Mr. Ma's face became much more sincere.

The purpose of coming here to discuss things today is that we have almost reached 80% of the goal, and all that’s left is to finalize the matter.

"Boss Ma, what's the transfer price of Totoro?"

...

"Mr. Jiang, the transfer price of Totoro is still too low."

"We at Tencent have spent more than this here. We have spent more than this on share repurchases."

Mr. Ma started to complain about being poor, but his attitude and emotions were much more relaxed than before.

Both parties knew that the matter was basically settled.

Now it’s a matter of pushing and pulling over the details of cooperation, especially over the actual price.

"Boss Ma, it's meaningless if you say that."

"I promised you the shares of Blue Hole Technology, but at the same price as last time."

"I am not the only one who invested in Bluehole. I need to pay for it myself to other shareholders."

Other shareholders of Bluehole include Lu Weiming, Brother Kai, Lao Qin and others.

Based on the price of the last transaction, these people naturally suffered a loss.

As PlayerUnknown's Battlegrounds has developed to the stage of the world championship, Bluehole's valuation can at least increase by 30% compared to the last valuation.

Jiang Hao was prepared to pay for this part of the benefits out of his own pocket just to show his sincerity to President Ma.

Upon hearing what he said, Mr. Ma's face flashed with embarrassment, but he was a veteran after all, so his emotions were fleeting.

Soon he continued to complain. Anyway, Jiang Hao's initial offer to Totoro was something he would never agree to.

"How about this, Mr. Ma, I will buy it back at a share price of 7.47 million yuan."

"This is the price of Totoro's stock on the day you repurchased it. If you still don't agree, I think we can't discuss this matter anymore, and the terms we just discussed should also be invalidated."

This price is 20% higher than Jiang Hao’s initial offer, and the overall price has increased by 8-9%.

In total, Jiang Hao acquired Totoro at a price of 33.5 billion Euros!

"Okay! Then it's settled."

"After the finals are over tomorrow, I will have Vice President Qu come to your company, President Jiang, to coordinate these tasks."

"I also hope that Mr. Jiang will try his best to prevent the news from spreading before the acquisition is completed."

Seeing Jiang Hao said this, Mr. Ma stopped haggling over the price and finally finalized the agreement with Jiang Hao.

When Jiang Hao sold Totoro to Tencent, the price per share was 35 million yuan, and the total market value of Totoro was 157 billion yuan.

That was the absolute peak of Totoro’s market value, and the total repurchase price today is less than 1/5 of that year.

In the end, Tencent suffered huge losses based on its paper value.

Of course, compared with the actual impact on the company's gaming business, it cannot be said to be a loss at all.

As for Jiang Hao, he had cashed out a sum of money at a high price back then, and now Haijing is buying it back at an absolutely low price.

The company has come back after a lot of twists and turns, and it can also be of great help to Haijing's future listing. It is a huge profit no matter how you look at it!