I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 160 Chapter 191-192: Series B financing successful! (first sum)
Hidden needles in the cotton!

There's something in this guy's words!

Gao Huaijun narrowed his eyes and said with a smile, "Oh? Madam, you have to understand, who is the active party? Who is the passive party? It is Merlin who needs Hillhouse Technology, not Hillhouse Technology who needs Merlin! To be honest, Merlin is here The resources of the beautiful country are what I lack now, but they are only lacking, and they are far from the level of scarcity."

The scene did not expect that an investment meeting would be so intense.

Investment is originally a process of PUA and being PUA.

If the project is a star project, the more investors are pursuing, the higher the chance of being licked.

Like Hillhouse Technology, it has already made profits in less than a few years. It is a rare high-quality target. This is the key to Gao Huaijun's dare to challenge Meilin.

In this world, strength is what is on the table and is more important than anything else!

Hillhouse Technology’s purpose today is to ask Merlin Securities to provide a large amount of money to place a large sum of money abroad to prepare for the upcoming financial crisis. After all, it is very troublesome to get this money from underground banks in China. And the handling fees will be astonishingly high!
The second is that Hillhouse's vehicle track is now in the fast lane, and a sum of funds is needed to cope with the next financial crisis and difficulties.

However, Gao Huaijun still hopes that a powerful American investment bank will enter the market so that they can land safely after making a fortune during the financial crisis.

The relationship of interests allowed Hillhouse Technology to escape from the crisis in the beautiful country at that time, and precious capital gains would not be obtained by the white gloves of the beautiful country!
Merlin Securities is even simpler. A high-potential company like Hillhouse Technology is just like MiHoYo in later generations of China. Releasing shares is a rare thing.

Naturally, they have to go all out to fight for it.

Even if the premium is higher, Gao Huaijun is more arrogant.

It doesn't matter!

At this time, after listening to Gao Huaijun's words, Li Xiaojia said with a smile, "Merlin Bank's network in the beautiful country is really not comparable to that of ordinary investment banks! It can even be said that the five major banks in the beautiful country are basically at the same level. Our beautiful country has reached the point of resting with the country!”

"The power of the beautiful country is reflected in China Street! And the strength of China Street is reflected in the five major investment banks!"

"And our Merlin Bank is one of the five major investment banks!"

"Mr. Gao, you have to believe that our cooperation is an absolute win-win!"

"I like cheerful people, and I hope our cooperation this time will not disappoint!" Gao Huaijun stood up, stretched out his hand and shook his hand.

"I want to congratulate you too! Some time after Merlin's capital injection, Hurun will probably ask you for an exclusive interview! I really envy you, a 27-year-old millionaire worth tens of billions." Li Xiaojia said meaningfully.

"Please believe me, success is like pregnancy. Everyone says congratulations, but no one knows how many times you have been fucked by (River Crab)." Gao Huaijun's mood improved and he joked in his ear.

"Hahaha! President Gao is a wonderful man!" Everyone at Merlin Bank couldn't help but be amused by him, thinking he was joking.

However, Ning Yuan on the side did not smile quietly.

He accompanied Gao Huaijun all the way here, and he followed Gao Huaijun even longer than Min Weiguo and the others behind him!

He knew how difficult it was for Gao Huaijun to work 18 hours a day in the early days.

"The salaries of Hillhouse Technology employees are pretty good in China, which is the core reason why we chose Hillhouse Technology at first sight. This shows that Hillhouse Technology's profit margin is indeed pretty good!" Li Xiaojia said in One side sighed.

"The employees of Hillhouse Technology are all heroes! Think about it, they work hard and earn so much money. When I go home, my wife always praises them. Their wives go out to buy several bags a day, and when they come back, they say, look, Doesn’t this bag look good? Isn’t this a compliment to him? He doesn’t earn that much money, but his wife can buy the bag with instructions!”

"My idea is very simple. As long as my employees work hard, they can easily buy bags for their wives!"

"Running a business is both complex and simple."

"The first is that what you do is very meaningful and has a sense of accomplishment, and the second is that real money will solve your worries. It is also important for your family to support your work. If you take the pie drawn by the company for you every day, think about it. What does it look like?”

"With some preliminary work done, our work will be easier to carry out!"

Gao Huaijun shrugged his shoulders and said with a relaxed smile. Today, he has really begun to enter a new stage of life, and naturally he has some new feelings.

"I believe you!" Li Xiaojia had been an oil worker and had experienced hardships. He clearly understood the greatness of Gao Huaijun's actions, so he shook hands with him vigorously!
After Hillhouse Technology, Merlin Securities, and Jiahe Capital all left.

An operations director of Jiahe Capital couldn't help but sigh, "I have to admire Gao Huaijun! Hillhouse Technology has top-notch products, a top-level R&D team, and top-level leadership. It's hard for a company like this to succeed! Fortunately for us, we got onboard. Early, if it is a few months later, we are not qualified to sit at the same table and negotiate with them.”

At this time, an employee nearby who was responsible for project collection and electronic technology said differently, "Although Hillhouse Technology is good at technology, from a technical perspective, the things they play are not very difficult and are easy to imitate. Yes, the threshold is not too high! And after all, their strength is limited, the capital chain is tight, and they have not found any support. Once something goes wrong with the product, it will not take long for the company to enter a bottleneck period. .”

"So I think we are overestimating them? Nokia, Sansan, and Motorola are all strong players. Each of them has such powerful resources. Once the products are developed, it won't be long before they can replace them."

"Now that we are taking advantage of the high point, wouldn't it be better for us to sell 10% of Hillhouse Technology's shares to other takers?"

At this time, the vice president of Jiahe Capital who was standing aside shook his head and said, "You can't look at the problem from a technical perspective alone. Nor can you think that someone else is a small company, just because Hillhouse Technology will be squeezed by the first-class super giants." I can’t hold on!”

“Their concept would shock us, and it would definitely shock others, especially VCs!”

“Isn’t the current Merlin Investment a good example?”

"If Hillhouse Technology can persist for another three years, it can obtain Series C financing or even a main board IPO, with large capital support."

"Oh no, they no longer need the support of capital!"

"With the high quality of their products, it should be easy for them to achieve a market value of hundreds of billions."

"Although the impact of the Internet bubble is still there, capital has such a keen sense of smell that it has begun to realize that the next spring of high-tech is coming! This next spring, will it be smart technology or a new awesome technology, or even forever? There is still 50 years of development for nuclear fusion, and no one knows about that!”

"Society is changing, and I even smell the coming of big changes!"

"Perhaps, this is not only a big change for Hillhouse Technology, but also a big change that the whole country has been looking forward to for hundreds of years!"

"No one knows whether Hillhouse Technology can seize the opportunity of this major change, but it is worth our while!"

【Chapter 192】

As soon as these words came out, not only did the employee just now become speechless, but it also shocked everyone present!

When it comes to the Internet and electronic technology, it is correct to play with creativity, technology, and users, but in the final analysis, it plays with capital.

Behind every high-tech giant, there is strong capital support, such as Sequoia, SoftBank, Goldman Sachs, etc. The capitalists have a lot of cash waiting to invest in good projects. Without the help of capital, China’s top BAT companies will be in the future. , no one can get up.

However, in the eyes of these financial people, these high-tech companies, whether they are rising rapidly or not, must rely on, or even rely on, the support of capital!
Otherwise, why would China Street become the symbol of financial hegemony in the beautiful country?

However, can Hillhouse Technology really rely on itself to successfully stand in that position?

Wang Ji on the side said slowly, "The package of 10% shares of Hillhouse Technology has now been acquired by a Chinese venture capital with a PE value of 30 times!" As soon as this statement came out, the people present could not help but be stunned and could not believe themselves. ears!

30 times PE?

A market value of 150 billion yuan?
This PE has a very high premium in the investment field, and is rare even in the public market.

In general, in the stock market, a company with a PE of 15-20 times is considered a very high-quality company!
Are these VCs crazy, or is the world crazy?

. . . . . .

After signing an investment agreement with Merlin Securities, there will be a contract review period of about 10 days.

For such a large deal, the contract signed is definitely not a template contract. It requires several rounds of repeated negotiations between the legal affairs and lawyers of both parties before the final contract is agreed upon and finally signed.

Because there are so many people present, Hillhouse Technology has obtained the B round of investment from Merlin Securities and spread the news to the outside world at a very fast speed.

However, Gao Huaijun did not immerse himself in joy, but devoted himself to the design of this new model named 'Xia'.

After all, the financial crisis is coming soon, and in the later period, he will focus mainly on the big game overseas.

Therefore, he is now taking advantage of the time to carefully follow the design work of this car.

Although 'Xia' is just a simple hatchback.

But a new car can be mass-produced.

The preliminary work is very tedious.

Appearance design, interior design, power system matching, experiments, mold opening, manufacturing, road testing, etc.

After all the hard work, we finally get to see the real car.

The time required is very long.

In later generations, Xiaomi, who also came from the electronic technology industry, built cars.

Because I didn’t have Gao Huaijun’s kind of guidance, I started building a car from scratch. It’s been more than 2 years since I started working on it, but the product hasn’t taken shape yet!

From this we can see how difficult it is to build a car.

Although Gao Huaijun is an executive in electronic technology, that is, the ICT industry, he is a car fan, so he does not know everything about modern cars, but he also knows a little bit.

In addition, he bought a Wuling Hongguang mini for his mother.

So he knew the general situation of this car very well.

Therefore, during this period, the car 'Xia' was taking shape faster than he imagined!

He originally thought that it would take more than a year for this model to be launched on the market!

At this moment, Lingxiao Technology has expanded a temporary R&D center in the wasteland next to the original machinery factory.

"Um... Speaking of Mr. Ye, why do I think this car is designed like a van? It's also a bit silly and cute."

"Tsk tsk, don't tell me. Although this car is designed to be square, it looks like a van cut in the middle, but it does look very silly and cute."

Wang Dachui and Zhao Tie, two R&D personnel from Lingxiao Technology, couldn't help but sigh when they saw the completed design drawings.

This kind of sigh also appears more or less among other R&D personnel of Lingxiao Technology.

This 'Xia' looked completely different from the current car which looks very bulky.

The very cool and harmonious macaron double contrast color body, the compact two-door car looks very fashionable and stylish.

However, this kind of hatchback is very niche, can it definitely make money?
"Are you sure this thing will work?"

Both of them were a little suspicious.

This kind of car is very simple to make, but the technology inside is a big problem!
Batteries, motors, electric controls.

Each of these three electric technologies has its own differences.

Both batteries and motors are readily available on the market.

The battery can be connected in series using lead-acid batteries.

Consumers’ demands for batteries are very clear: long battery life, long life, fast charging and discharging, safe and reliable, and cheap.

Although lead-acid batteries have no advantages in long battery life and fast charging, they are safe, reliable and cheap, so they can be easily implemented.

The motor industry showed a one-sided situation at the beginning of 2000.

Permanent magnet synchronous motors account for about 95% of the installed capacity, and AC asynchronous motors are simply the small transparency next to the big V.

There are only a few tricks in the motor production process:

Stator/rotor core: stamping, lamination and welding.

Stator embedded wire.

Rotor dynamic balance.

The raw materials mainly rely on rare earth magnets (permanent magnets), silicon steel sheets (iron core), and then copper (stator winding), steel (motor shaft), and aluminum (motor housing).The production line can basically be fully automated.

There is no technical threshold, and there is no need to balance production capacity. In the later stage, Hillhouse Technology can even directly develop it itself!
Compared with the current relatively low threshold of the first two, electronic control technology is the solid soul!
The battery is the heart. Without a heart, a person is dead, and an electric car is a dead car.

Motors are muscles. Without muscles, people cannot move and are considered disabled.Electric cars are useless cars.

The positioning of electronic control is nerves. Without nerves, people are vegetative. Electric cars are just vegetative cars, low-end creatures.

"Have President Gao and President Zhou not yet discussed the final electronic control plan?" Wang Dachui suddenly asked Zhao Tie who was standing aside.

(End of this chapter)