Technological power starts with upgrading lenses.

Chapter 420: The richest man confirmed!

In order to convince Kang Chi to agree to optimize the group, Zhang Qing also conducted a company financial analysis for Kang Chi based on China's current economic situation.

During the hour-long phone call, Kang Chi realized two problems.

First, in order to promote the battery swap project and quantum chip manufacturing business, the group has borrowed nearly 3 trillion yuan from the state.

In addition to the investment of Longteng Group, the country has also increased its investment in semiconductor, energy and other industries in the past two years. At the same time, in order to develop the intelligent robot industry recently, it needs to raise at least nearly 10 trillion yuan of funds.

In addition, there are nuclear fusion power station construction, purchase of new fighter jets, solving pension issues, etc.

With so many money-burning projects going on at the same time, the landlords are going to run out of food.

Under such circumstances, even for Kang Chi, it became difficult to obtain a large loan from the bank.

Some people may say that if the country has no money, it can just start printing money as much as possible.
However, anyone with a little economic knowledge knows that the issuance of banknotes must be strictly calculated, and each dollar must have a corresponding output value, that is, an anchor. Otherwise, printing too much will lead to inflation, rising prices, currency depreciation, and cause chaos in the financial system.

The current practice is to issue a large number of ultra-long-term government bonds to absorb idle surplus funds from society and individuals to promote the intelligent robot industry.

But we can’t suddenly issue too much government bonds, otherwise it will squeeze private investment and inhibit economic growth…

Therefore, even if government bonds are issued, they will not be enough for their own use, so it is naturally difficult to take private enterprises into consideration.

In short, if Longteng Group wants to make large-scale investments in the future, it can basically only rely on itself.

So no matter what the people below think, the group's iteration plan must be implemented.

Today's meeting is actually a notification rather than a discussion.

After the specific tasks were assigned, the group's executives quickly took action.

There are four companies on the first batch of optimization list, namely Dahan Silicon Industry, Datang Energy, Harbin Aircraft Industry Group and Changhe.

Among them, there is nothing much to say about Dahan Silicon Industry. It is a company that produces silicon wafers. The company's sales last year were 240.5 billion yuan, and its net profit was 102.2 billion yuan, with a net profit margin of 42.5%. All data performances have been very stable for several consecutive years.

If such a high-quality company were in the hands of a normal person, it would definitely be a treasure. How could anyone be willing to sell it?

Therefore, when Chen Yunming, chairman of Shencheng Silicon Industry Group, heard Zhang Qing ask their group whether they wanted to take over Dahan Silicon Industry, his first reaction was that there was no way pie would fall from the sky!
He immediately asked Zhang Qing nervously: "Mr. Kang is not optimistic about the semiconductor industry?!"

"How could that be? Quite the contrary. He believes that the semiconductor industry has great potential, especially with the development of quantum chip technology. The market size of semiconductors will definitely be much larger than it is now."

"Then why did he sell Dahan Silicon Industry?"

"It's simple. The group's business is too big, and Mr. Kang feels he can't take care of it all."

"..."

Is the plate too big to handle?

Then we are going to sell Dahan Silicon Industry?

A really good company with an annual profit of over 40 billion and a profit margin of over % is actually on the optimization list? ! !
So how profitable are the remaining companies in their group?

Chen Yunming only felt as if he had been hit by a critical hit...

Fortunately, this was Kang Chi's personal reason, not an industry problem. Otherwise, even if Dahan Silicon Industry's "reality" was questionable, Chen Yunming would not dare to take over even if its current financial report data was good.

Not only do they not dare to take over Dahan Silicon Industry, but Shencheng Silicon Industry, as one of the leading companies in the semiconductor industry, will also be the first to be restless...

After thinking for a moment, Chen Yunming spoke again and tried to test the waters: "Isn't Mr. Zhang helping Academician Kang manage the group very well? He doesn't have to manage it himself, so what can't he take care of?"

"You know how fast Mr. Kang develops new business. No matter how much energy I have, it is still limited... and I am also going to take a break for a while."

rest?

Chen Yunming keenly grasped the key words.

Although Zhang Qing said it more tactfully, Chen Yunming still vaguely felt that this matter must be not simple.

However, Zhang Qing is only an executive chairman. Even if she resigns, there is no possibility of serious damage to the Longteng Group, which is centered on Kangchi Technology, and there is no need to worry too much about management turmoil.

It was not until then that Chen Yunming finally put his mind at ease and began to think carefully about the issue of taking over.

Obviously, Longteng Group was the first to find Shencheng Silicon Industry, which was actually giving them face.

It's a bit like keeping the wealth within the family.

At the same time, as one of the shareholders of Dahan Silicon Industry, Shencheng Silicon Industry is much more clear about the company and industry conditions than others. The two parties' price negotiations are relatively open and transparent. No one can fool anyone, and no one suffers a loss.

This also further proves that Kang Chi is not selling the company because he does not value Dahan Silicon or is pessimistic about the semiconductor industry, otherwise he could have released the news.

With his influence, wouldn't it be easy to defraud those big capitalists?
It's better to cheat an outsider than an old acquaintance, right?
"Does Mr. Kang plan to sell all or reduce his holdings?"

"He reduced his stake to 10%. He has deep feelings for Dahan Silicon Industry, so he would be reluctant to sell it all. He can come back as a shareholder in the future if he keeps 10%."

"Haha, no problem, we'll take it!"

After hearing this, Chen Yunming made the decision: "In fact, even if he doesn't stay, no one will stop him from coming back to see the team. But it's better to keep 10%, so that everyone can feel at ease."

After reaching a preliminary acquisition intention, the next step is easy.

After negotiations between the two parties and evaluation by professional institutions, Dahan Silicon Industry finally redistributed its shares with a valuation of 916.8 billion yuan. Shencheng Silicon Industry acquired 76.4% of Kangchi's shares for 3.6 billion yuan, and Zhang Qing's % remained unchanged.

After the redistribution of shares, Shencheng Silicon Industry also obtained the actual operating rights of Dahan Core Industry with an absolute controlling stake of 86.4%.

After the acquisition contract was signed, Chen Yunming couldn't help but sigh: "At the beginning, Mr. Kang bought Silicon Technology for 234.5 billion, and now we bought Dahan Silicon Industry back for 916.8 billion. This way, Mr. Kang directly earned more than 10 billion, and he can also hold % of the shares..."

The key point is that he himself was too lazy to come to the signing ceremony of more than 60 billion...

How much do you look down on the 60 billion?

I can only say that comparing yourself with others can really make you angry!
Hearing Chen Yunming's sigh, Zhang Qing just smiled gently.

To be honest, more than 60 billion is just a string of numbers in Kang Chi's eyes.

Especially since there was a much bigger sum waiting for him next...

……

While dealing with Dahan Silicon, the optimization of the other four companies was also carried out simultaneously, and the largest one was undoubtedly Datang Energy. In fact, when Datang Energy was established, Kangchi and the three oil and power companies had an agreement to let them join the company after three years. In exchange, not only would the state increase the amount of low-interest loans, but in the early days of Datang Energy, these companies would also provide certain assistance to help the development of Datang Energy.

Therefore, it is only a matter of time before Datang Energy becomes a state-owned enterprise.

With the popularization of the battery swap model, Datang Energy has gradually got on the right track. It is basically clear how much money Kangchi can make from the battery swap project using solid-state sodium batteries.

At first, Chief Lu thought that Kang Chi valued the company's management rights, so he helped him to retain at least 51% of the shares. But in fact, Kang Chi cared not about the management rights, but whether his technology could be quickly promoted and applied, and at the same time make enough money in the process to support future development. The original purpose of investing technology in Harbin Aircraft Industry Group and Changhe was actually this.

Therefore, when Kang Chi personally came to Yanjing and expressed his intention to sell the shares of these three companies, it immediately attracted the attention of the State-owned Assets Supervision and Administration Commission.

Datang Energy, in particular, currently has more than 60,000 battery swap stations, with an average investment of 30 million yuan for each battery swap. Its fixed assets alone currently exceed 2 trillion yuan.

Although these two trillion assets are all borrowed, its business model has great potential.

What Kangchi really sells is actually this successful business model.

Datang Energy had been agreed upon before, and they had always had a scale in their hearts, but what Director Ji did not expect was why even Harbin Aircraft Industry Group and Changhe Kangchi were to be sold?

So at the consultation meeting, Director Ji of the SASAC asked this question first.

"I don't have enough energy to take care of it. Besides, our group has several projects that require a lot of funds, and you won't approve large loans, so I have to find a way myself."

Kang Chi said bluntly: "We originally exchanged our technology for the shares and management rights of Harbin Aircraft Industry Group and Changhe Aircraft Industry Group. Now we are just changing the model to sell the technology directly to them."

"However, these two companies have now undergone our business transformation. Both their hardware and business health are much better than before. Yinhe's orders are simply not enough to meet their production, so there may be a certain premium..."

Director Ji couldn't help but ask nervously, "How much is the premium?"

"Twenty billion, and Yinhe's technology one hundred billion, a total of one hundred and twenty billion."

Kang Chi directly gave his own quotation, and analyzed confidently: "In fact, if you want to make this amount with these two companies, you only need to build about 10,000 Silver Cranes."

"But the current order from Song Kongtong alone is as high as 3,000 aircraft, which is enough for these two companies to build for two to three years. Not to mention that all the major logistics companies are crying out for food and want Song Kongtong to leave some soup for them. In addition, there are orders for various models of Silver Crane from the military, public security, fire and other departments... Director Ji, you tell me whether it is worth the price!"

"..."

When Director Ji first heard the figure of 120 billion, he thought that Kang Chi's lion's mouth was a little too big...

After all, before Kang Chi took over, the total assets of these two companies were only 20 to 30 billion.

Kang Chi got something for nothing, and he wanted them to buy it back for 120 billion?
It's outrageous!
But after hearing Kang Chi's vivid analysis of the low-altitude economic market, he suddenly realized that Harbin Aircraft Industry Group and Changhe Aircraft Industry Group with Yinhe technology were indeed completely different from before.

The market potential of the low-altitude economy is no smaller than that of the battery swap station market.

This can be seen from the crazy expansion speed of Song Kongtong and the short supply of silver cranes.

However, Harbin Aircraft Industry Group and Changhe Aircraft Industry Group are only important links in the upstream of this industry and can only take a part of this new trillion-dollar market.

After thinking for a while, Director Ji nodded and said, "I see. Let's talk about Harbin Aircraft Industry Group and Changhe River Group today. What do you think about Datang Energy?"

After hearing this question, the CEOs of the three oil companies and China Electric Power immediately perked up.

The highlight of today is finally here.

As for Datang Energy, Kang Chi’s requirements were also simple and clear.

His initial idea was to sell 80% of Datang Energy's shares, and at the same time transfer 80% of Datang Energy's more than trillion yuan of debt to the state.

In exchange, the SASAC needs to pay 2 trillion yuan in transfer fees to Longteng Group within one year.

After hearing Kang Chi's request, all the leaders couldn't help but gasp.

Kang Chi only spent two years to build a business model, and he asked for a transfer fee of 2 trillion!
The key point is that they are the ones who provide the money to build this business model.

It sounds even more outrageous...

“What is the basis for these two trillion?”

“Datang Energy’s expected profits over the next ten years.”

Kang Chi showed Datang Energy's financial statements and market analysis.

"With more and more battery-swap models and the development of low-altitude electric aircraft, the market demand for battery-swap stations will only increase. Coupled with the dividend of low electricity costs from controlled nuclear fusion in the future, it will be easy to make 2 trillion yuan in ten years..."

"Battery swap stations are ultimately competing for the market share of the three major oil companies. I believe you understand the scale and potential of this market better than I do."

"In fact, the real time for the battery swap model to take off is ten years later when fuel vehicles are basically eliminated and battery swap models become mainstream models. That's when Datang Energy will really make money..."

"It's just that I don't have the patience to wait that long. As you know, I make money mainly for the research and development of new technologies and promotion. If I were a pure capitalist, I would have to hold more shares, right?"

Director Ji nodded. He agreed with Kang Chi's sincere words.

The three oil companies and China Electric Power basically have no objections.

Although they had already accepted Kang Chi's offer in their hearts, it was obviously impossible to finalize such a matter worth trillions of dollars in just one meeting.

After the preliminary consultation meeting, the SASAC immediately conducted further detailed analysis of the operating status and market of the three companies. After confirming that the data was basically consistent with that provided by Kang Chi, it reported the situation further. Finally, after GWY's review and approval, the asset transfer proposed by Longteng Group was finally settled.

This made Kang Chi breathe a sigh of relief.

After this optimization, the size of the group was reduced by at least 60%, but in return it gained more than trillion yuan in funds, which was enough to support his subsequent development plan for the group. At the same time, Datang Energy's high debt was also thrown away.

This made Kang Chi feel a lot more relaxed.

And don't forget, whether it is Datang Energy, Harbin Aircraft Industry Group or Changhe, the batteries they need are still purchased from CATL.

For every battery sold, CATL needs to pay a patent fee to Longteng Group.

In addition, Longteng Group also holds shares in CATL, which means that Longteng Group is still at the upstream of these industries. The impact of this optimization on the group's future profit potential is actually not as great as imagined.

"Shocking! Longteng Group made a huge move, recovering 22116.8 billion in five days! The richest man in the country is confirmed!"

As the news was officially leaked by the media, Longteng Group's iterative slimming plan immediately caused a huge sensation across the country.

(End of this chapter)