Reborn since 1993

Chapter 869: Brother : What? You want to cut the leeks of Mr. Li?
Of course, Li Dongling came here today not just to find a battery supplier for Chitu electric bicycles. If it was just for this, there would be no need to go through so much trouble.

When the great roc rises with the wind, it can soar up to 90,000 miles. For Kunpeng power batteries, it is not only about developing lead-acid batteries, but also about reserving patents and technologies for the era of electric vehicles.

When the era of electric vehicles arrives, Kunpeng Power Batteries will be able to take the lead with its battery patents and technologies such as ternary lithium batteries, lithium iron phosphate batteries, and sodium ion batteries.

In order to increase the production of power batteries, it is even necessary to purchase and reserve some lithium and cobalt ores in advance.

Just like now, it looks like BYD is on its way to surpassing companies like Japan's Sanyo and Panasonic to become the world's largest nickel battery producer.

But in fact, after BYD reached the top, it found that its opponents had changed from its battery peers such as Nippon Benz to nickel mining companies in the Philippines, Australia, Indonesia and other places!

It is still unknown whether these nickel mining companies will increase the price of nickel ore supplied to BYD, but it is certain that BYD's battery raw materials are controlled by others.

In the past, China became the world's largest steel producer, but iron ore had to be imported from three major iron ore companies in Australia, Brazil and other countries.

The production cost of iron ore for these three major iron ore companies is less than US$30 per ton, but when they sell it to domestic steel companies, the highest price is over US$200 per ton!
Even the combined annual profits of domestic steel industry manufacturers are not as much as those of the three major iron ore companies. However, the major domestic steel companies are desperately trying to export steel overseas, but they only make a few dollars per ton of steel, which is almost equivalent to working for the three major iron ore companies for free.

In the era of power batteries, China actually spends hundreds of billions of dollars every year to purchase lithium, nickel, cobalt and other minerals from Canada, Australia, the Philippines and other places.

And those overseas powerful people and mining companies are really greedy. Not only do they raise the price of the ore supplied to the domestic market from time to time, they even rob domestic companies outright. They buy the ore purchased locally at a bargain price, and if the domestic companies don't sell, they just rob them!
Li Dongling doesn't want these bad things to happen to Dongling Hi-Tech. In the future, after the power batteries launched by Dongling Hi-Tech, as well as electric bicycles, electric cars and other products, are sold, the profits will be snatched away by mining companies in Australia, Canada, the Philippines and other places. Is there any justice in that?

It's good enough that Mr. Li doesn't cheat them. If Dongling Hi-Tech is taken advantage of by those mining companies again and they have to work for them for nothing every year, that's something that neither my uncle nor my aunt can tolerate!
Kunpeng must start preparing in advance for patents, technologies, raw materials, etc. for power batteries.

There are still many years before the era of electric vehicles arrives. Even if Ant moves, the raw materials for power batteries imported from overseas every year by Kunpeng will be enough for Kunpeng to use for many years, and it will not be controlled by others in the future.

Not only is Kunpeng's power battery guaranteed, its power battery cost can be reduced, and the price of supplying to Dongling Hi-Tech will naturally be reduced as well. By then, Dongling Hi-Tech's products will have absolute advantages no matter which opponent they face!

Guan Zhenming, Ji Youren and others would never have thought that Mr. Li was already sharpening his knife, and when Ji Youren signed the agreement, it meant that the acquisition deal was officially completed.

No one can say whether Kunpeng in the future can reach the level of CATL in its previous life. After all, the emergence of a giant company is not inevitable but full of uncertainty.

But if he could reach that point, then Ji Youren could be said to have made perhaps the most boastful deal he had ever made in his life!
Li Dongling looked at the agreement. Dongling Hi-Tech took 75% of Kunpeng's shares, but left 25% of the shares to Ji Youren and Kunpeng's R&D team, senior executives, etc. Only in this way would they stand with Kunpeng. If they were just employees, they would definitely not work so hard.

After having the agreement put away, Li Dongling and Ji Youren could start talking openly and frankly.

"Professor Ji, Kunpeng Power Battery needs to develop a sufficiently qualified lead-acid power battery for the Chitu electric bicycle next year!" Li Dongling said directly to Ji Youren.

Ji Youren was not surprised by Li Dongling's request. He must have done the work to buy the Kunpeng power battery and he would not just sit there and do nothing.

"Of course I am willing to work with Kunpeng's R&D team to develop batteries for Chitu electric bicycles, but..."

Ji Youren said with some helplessness, "Even though Nippon Benz's lead-acid battery technology is more advanced than domestic technology.

But even with Nippon Benz's lead-acid battery technology, it still faces problems such as being too large, charging too slowly, and having a short service life! "

"This is why I came to see Professor Ji today!"

Facing Ji Youren's complaints, Li Dongling looked at him and said, "Who says that if Nippon Benz can't do it, Kunpeng Power can't do it?"

“No matter how much funding Professor Ji needs, Dongling Hi-Tech will provide it to Kunpeng, and any talent needed can be recruited by headhunting companies.

Whether it is the battery technology of Bell Labs in America, or from Germany, Japan, or South Korea, as long as the battery patents and technologies can be purchased, Dongling High-Tech will support Kunpeng Power's acquisition! " "I have only one request, Professor Ji and Kunpeng Power Battery, develop a battery for Chitu electric bicycles next year that is safe enough to be installed on electric bicycles and can provide enough power!"

Hearing Li Dongling's words, Ji Youren couldn't help swallowing. Wei Taining, who was standing next to him, also saw Li Dongling's expression for the first time. He now had a clear understanding of Dongling Hi-Tech's internal R&D environment.

Li Dongling gives enough power and support to R&D personnel, and will provide them with all possible conditions.

But correspondingly, R&D personnel also need to bring sufficient returns to Dongling Hi-Tech, otherwise, there will be consequences. Li Dongling did not mention it, but Ji Youren, Wei Taining and others can imagine that even if they are not kicked out, they will probably be marginalized.

However, Wei Taining was not too worried about this environment. Instead, he was slightly excited. For an engineer, this was a great opportunity to show his talents, demonstrate his abilities, and realize his ambitions!

How many engineers and R&D personnel have wasted more than ten years, unable to sleep at night and shedding tears on their pillows, lamenting that their talents are not recognized.

But at Dongling Hi-Tech, people like Wei Taining are provided with a big enough platform and opportunities. What else could they not be satisfied with?
Taking a deep breath, Ji Youren knew that this was his chance to realize what he had learned over the years and his life ambitions. Whether it was a mule or a horse, he had to take it out for a walk!
In the battery industry, it is hard to say whether Ji Youren is a top technical expert, but he definitely has real talent and knowledge. In addition, he comes from an academic background and personally manages a battery company.

Therefore, Ji Youren is well aware of the cutting-edge technologies and trends in the battery industry, as well as the battery industry chain.

“The time left for Kunpeng’s power battery is too short. If we rely solely on self-developed technology, it will probably be difficult to make a breakthrough.

In the short term, we still need to learn from the strengths of many other lead-acid battery technologies and use them for Kunpeng Power!"

“Kunpeng Power needs to acquire some lead-acid battery structure and plate material technologies from Nippon Benz Yuasa, and some battery fast charging and deep cycle technologies from Johnson Controls.

However, acquiring patents and technology licenses from these companies would probably cost a lot of money.”

Ji Youren looked towards Li Dongling. It has never been cheap for China to buy technology from overseas companies, especially from Nippon Benz, whose asking prices are notoriously high. Sometimes, even paying money may not be enough to buy the technology.

He felt that buying technology from companies like Yuasa would cost at least tens of millions of US dollars, and few domestic battery manufacturers dared to spend such a huge amount of money.

"Professor Ji, you can make a list of patents and technologies that Kunpeng Power needs to acquire. Dongling Hi-Tech Port City Company and Zhixing Foundation will assist Kunpeng in the acquisition!"

"Not only do we need to acquire these technologies and patents, Kunpeng Power also needs to acquire some lead mining companies overseas. Of course, Kunpeng also needs to start stockpiling raw materials such as lithium ore, purchasing them from abroad and shipping them back to China for storage!"

Li Dongling said that the Zhixing Foundation now has a large amount of US dollar foreign exchange in its hands, and is purchasing some mineral raw material companies for Kunpeng, naturally in preparation for future troubles.

When Ji Youren heard that Li Dongling was hoarding even the raw materials for batteries, he didn't know whether to exaggerate the financial sponsor's meticulousness or sigh that Li Dongling was too cautious.

But for Ji Youren, it is rare to have a big money sponsor like Li Dongling who is willing to donate generously. Li Dongling agreed to all the requests he made and even gave more than he wanted. What else could Ji Youren be dissatisfied with? What excuses could he make?
Shengyuan Battery Company suddenly changed its name to Kunpeng Power Company, and cheers were heard throughout the company.

Ordinary employees in the factory are not clear about what this change means, nor do they know what it means to become a Dongling Hi-Tech company.

They cheered, saying that the entire factory was celebrating today and had a day off, and that every employee received a bonus of 300 yuan.

There will be new factory uniforms tomorrow, and it is even rumored that new treatment and welfare standards will be implemented in accordance with Dongling Hi-Tech's standards, including meal subsidies, transportation subsidies, and accommodation subsidies, and employee housing may also be allocated in the future.

The sudden news made those who suddenly became Kunpeng employees feel a little uncomfortable. They even felt that they were being deceived because the treatment was too good and made them feel it was unreal. However, they did feel that the new company was completely different from before.

The most excited people are the R&D personnel of the lead-acid battery project. They are clearly told that as long as the new project is successfully developed, they will receive option rewards.

In the future, they will also become shareholders of Kunpeng Power Energy Company and can receive dividends. When Kunpeng has the opportunity to go public in the future, their net worth will skyrocket!
(End of this chapter)