MTL - Rebirth 2011-Chapter 635 Where to go public?
Chapter 635 Where to go to the market?
Yaxing Bus under the Jinyu Group and Volkswagen Porsche jointly developed a new energy vehicle brand. In less than half a year, they invested 1 billion U.S. dollars. In addition, the newly established Zhonghe Company invested another 200 million U.S. dollars. The pre-prepared 2 billion There are already 400 million U.S. dollars left.
Jinyu Group launched a new round of financing plan at the end of July when the working capital quickly bottomed out.
If it is calculated according to the standards of listed companies, it was an angel round before, and this round is the A round.
Of course, judging from the current situation, Jinyu Group itself should not be listed, but will achieve a jump in its own market value through the listing of its subsidiaries.
"Have all the invited capitals arrived?"
"It's all here."
Sitting in the lounge of Baida Hotel, Xu Renshan heard the report from the female assistant, got up and walked to the next meeting place.
Compared to the simple reception at the beginning, this new round of financing of Jinyu Group has invited many well-known capitals at home and abroad to participate.
After almost all the staff arrived, Jinyu Group CEO Liu Canlan got a hint from the big boss, got up and came to the stage, and began to give a speech with emotion: "Last year, Mr. Xu Renshan, the president, initiated the establishment of the current Jinyu Group. After months of development, Yaxing Bus under Jinyu Group has cooperated with Volkswagen Porsche and has made breakthroughs in the field of mid-to-high-end new energy vehicles. In addition, Jinyu Group has also deployed in the field of low-end new energy vehicles in China.”
Following CEO Liu's eloquent speech on the stage, the capital predators present all showed great interest.
Since the beginning of this year, a wave of new energy vehicles has exploded in China, and many capitals are looking for suitable teams to invest in, hoping to get a share of this track that will become a hot field in the next few years.
Who would have thought that the Jinyu Group would already have such a scale without making a sound, and the speed was unprecedentedly fast.
According to the information disclosed by the other party, at the end of next year at the earliest, and at the beginning of 2015 at the earliest, Jinyu Group will launch the mid-to-high-end "Future S Series" and the low-end "Ni Zha" series, directly occupying most of the domestic new energy vehicles. market.
At that time, it is estimated that the rest of the new energy vehicle companies that have not seen the shadow are still in the research and development stage.
Coincidentally, among capital representatives who knew each other, there were sparks in the collision eyes.
"Now, Jinyu Group will take out 25% of the shares for a new round of financing"
After Liu Canlan announced the scale of the financing, a round of frantic quotations officially started.
"$40 million."
"$45 million."
"$60 million."
"$65 million."
"$68 million."
"$75 million."
Xu Renshan, who was sitting at the first table in the banquet hall, listened to the capital quotations, with a slight smile on the corner of his mouth.
What kind of skill is it to cut the leeks of retail investors in the stock market, if you want to cut the leeks of capital.
In the end, Jinyu Group's 1 point of shares was fixed at 85 million US dollars.
That is to say, Jinyu Group, which was established less than a year ago, has directly increased from the initial 2 billion US dollars to 8.5 billion US dollars, which has more than quadrupled.
"Old Wang, how much money can you withdraw?"
In the corner of the banquet hall, Li Chengmo asked Lao Wang next to him.
The daughter’s college classmate promised to give them two points of shares, which I thought was a bit small before, but looking at it now, it’s whether they can come up with 170 million U.S. dollars in funds.
"Seven or eight hundred million, there is still no problem."
Glancing at his old friend, Wang Deyi replied with a smile.
This old man Li, could it be that he wants to go back on his word, but he made an agreement before.
In order to prepare for today's scene, he rejected several real estate cooperation projects in the first half of the year and set aside more than 500 million yuan in funds.
Now it seems that it is still not enough, and I need to find someone to lend it temporarily.
"That's good. If you don't have enough, just say it casually. It doesn't matter if I pay more."
Hearing Lao Wang's answer, Li Chengmo said with a smile on his face.
Their Qianmo Group started out as a light industry, and their liquidity is still very rich. Although they have been involved in real estate for the past two years, they withdrew in time in the first half of the year, but they have accumulated sufficient funds.
On the books, there are still more than one billion yuan, and they are fully capable of taking two points of shares.
Unfortunately, Old Wang was too shrewd to give him this chance.
As for the fact that he specially invited the young rich man to have tea and talked about keeping a distance from his daughter, Li Chengmo had already forgotten.
Now that young rich man's career is booming, and his family is harmonious and beautiful. I heard that the wife of the other party is pregnant with a second child. Could it be that his daughter can still dominate the king?
"No need, our company has relatively sufficient cash flow. Lao Li, if you are really nervous, I can help you make more money."
"You're welcome."
The two old foxes looked at each other and smiled, saying nothing.
‘Jinyu Group’s first round of financing was 2.125 billion U.S. dollars, and its valuation rose by 8.5 billion U.S. dollars, surpassing Geely and closely following BYD. '
‘Jinyu Group was established less than a year ago, and its valuation has jumped by 4 times. '
‘Jinyu Group does not build a car, why is it favored by capital? '
‘Jinyu Group is valued at US$8.5 billion, and the new energy vehicle track is accelerating? '
‘Jinyu Group CEO Liu Canlan threatened that by the end of 2014, the ‘future S-series’ new energy vehicles will be launched! '
‘New energy vehicles are favored by international capital, and Jinyu Group’s financing exceeds 10 billion! '
In the evening of that day, the financial headlines of major websites were all occupied by Jinyu Group, and for a while, the new energy vehicle track was looked at by many capitals.
In the next six months, three auto brands, Weilai, Ideal, and Xiaopeng, were established one after another, each raising more than one billion U.S. dollars.
New Energy Vehicle New Year, come early!
"Brother-in-law, you let SS Fund invest in so many car companies, aren't you looking for an opponent for yourself?"
Sitting in the dining room of her cousin's house, Shi Qingxue, who was wearing a black dress and warm black silk, asked with some doubts when she learned about her brother-in-law's plan from her cousin.
"Even without our shareholding, several teams will not lack R&D funds, so it is better to make a fortune. As for the opponents, they have never been the opponents of Jinyu Group, and Tesla is."
After listening to Aunt Heisi's words, Xu Renshan replied with a smile.
"Tesla."
Xiao Qingqing, who was sitting in the children's chair next to her, heard her father's words and shouted, waving her little hand holding the spoon, which made several people at the dining table laugh.
Now Xiao Qingqing, who is one and a half years old, has developed rapidly in her language skills. It is natural to imitate some vocabulary, and she even knows a lot of English words.
"Volkswagen, do you agree to build a factory for future cars in Wolfsburg?"
For her brother-in-law's rhetoric, the current Shi Qingxue didn't have much doubts. Instead, she asked about the plan of the "future car".
If Tesla is the opponent, it is definitely not a low-end car, but a future car based on mid-to-high-end new energy vehicles.
"A site is already being selected, probably in Bremen in Lower Saxony."
Regarding the development of future automobiles, Xu Renshan did not hide from his sister-in-law. The law firm of the other party was originally a partner of Jinyu Group.
The previous cooperation between Yaxing Bus and Porsche gave up part of the benefits, in order to let the new energy brand Future Auto go abroad, gain a foothold in Europe, and point to North America.
The positioning of the future car's competitors has never been in China, but Tesla, which has become the number one brand of new energy vehicles.
Regardless of whether SS Fund is still the top major shareholder of Tesla, in the mall, there has never been a real friend at all.
What's more, Tesla's Musk is still the major shareholder of Jinyu Group, and he didn't express any opinions.
"In that case, can the first batch of new cars of Future Auto catch up with the world's simultaneous debut?"
"It's not that easy. The construction period of the factory in Bremen is more than one year."
After dinner with his wife, daughter and sister-in-law, Xu Renshan went out to drink tea and chat with Uncle Shangguan.
The weather in December was a bit cold, but when he walked into the box of the tea house by the West Lake, feeling the heat coming from his face, Xu Renshan casually hung his long coat on the hanger at the door.
"Uncle Tian, why are you here?"
Seeing another person in the box, Xu Renshan who nodded to Shangguan Mingyan asked in surprise.
"What, I can't come?"
After hearing what the young rich man said, Tian Zhenguang asked with a smile.
"Of course, uncle, I'll come."
Replied obediently, Xu Renshan took the teapot from Uncle Shangguan and refilled the tea for the two elders, while the eldest sister Shangguan took it and poured a cup for herself.
"If I don't come again, you will have to let me go."
After taking a sip of the excellent Yuqian Longjing, Tian Zhenguang looked at him jokingly.
"Why, I'm not moving all the R&D centers of future cars to Shanghai. Tesla's domestic factory, it's not that I don't want to make connections, it's because the shareholders in North America will have some trouble."
Understanding the deep meaning in Tian's words, Xu Renshan quickly opened his mouth to defend.
In order to better attract talents, the R&D center of Future Automobile has been moved from Gusu to Modu, and the investment is not small.
"Then why can't the new factory of future cars be put in Shanghai?"
Instead of taking up the topic of the Tesla factory, Tian Zhenguang asked about the location of the new factory of Future Automobile.
At the beginning of December, Future Auto announced to invest in a new automobile processing plant in Gusu, with an initial investment of nearly 500 million US dollars, which attracted the attention of the domestic auto industry.
"This is not closer to Yaxing Bus. I still have to respect the opinions of the management team of Jinyu Group. In addition, Porsche also supports this resolution."
Regarding this point, Xu Renshan also looked helpless.
He is a layman in the car industry, and there is always nothing he can do if he listens to the opinions of the management team.
"When the first batch of new cars of your future cars are on the market, you must give me a letter about Tesla's construction of a factory in Shanghai."
After a few words of ridicule, Tian Zhenguang issued an ultimatum.
Of course he knows that the reason why there is no news about Tesla’s domestic factory is certainly due to the North American headquarters, but there is also the reason why this young rich man is not so active.
One of them is that many domestic new energy vehicle brands have just been established, and future cars have not yet been launched. If Tesla enters the country at this time, it will undoubtedly cause a big impact.
"no problem."
Received Big Boss Tian’s ‘tolerance’, Xu Renshan hurriedly responded with a smile.
However, from that point of time, he also tasted something, and he knew something in his heart.
"Xiaoshan, is your Yuming Group ready to go public?"
After the old friend finished speaking, Shangguan Hong asked a question.
(end of this chapter)