When I am reborn, I just want to be a top student

In 2014, the domestic smartphone shipments reached 4.207 million units. Xiaomi focused on selling high-configuration, low-priced mobile phones and created gimmicks through limited-time flash sales. These methods helped Xiaomi to become the sales champion in the fourth quarter and the whole year of 2014.

Among these, the reason why Xiaomi took the lead in reaching cooperation with Galaxy Technology is also extremely important.

Especially the slogan "Charge for two minutes, talk for half an hour", which brought great tail effect to Xiaomi.

In addition to the cost-effectiveness, it also gives the first impression of having the fastest charging speed and the most durable battery.

BYD has produced for many major mobile phone manufacturers at home and abroad, so it is naturally aware of this situation.

Therefore, when Wang Donglai mentioned the application scenarios of semi-solid-state batteries, he had already thought of these.

Just relying on the powerful battery performance of semi-solid state batteries, there will be no shortage of orders from smartphones.

However, as a qualified businessman, he naturally would not completely follow Wang Donglai's pace.

Therefore, the problems existing in technological research and development were raised.

The confidence shown by Wang Donglai also made the boatman feel more confident.

"Beyond smartphones, semi-solid-state batteries have a greater impact on new energy vehicles. I think Mr. Wang should be more aware of this."

"Traditional new energy vehicles all use lithium batteries, and the characteristics of lithium batteries determine that they are extremely risky and unsafe."

"Although semi-solid batteries have not completely solved the problem of spontaneous combustion, they have made great progress compared to lithium batteries."

"With this semi-solid-state battery, the range of new energy vehicles can easily exceed 500 kilometers. If the motor is adjusted, the range can be further increased."

“Safety is the greatest luxury!”

"Once domestic new energy vehicles develop, the first ones to compete will be joint venture brands. This is not a problem."

"However, if we want to compete with foreign luxury brands, we must launch high-end models that surpass them in all aspects, from technology to design to performance. Only in this way can we break the stereotyped pursuit of Chinese people."

"Semi-solid-state batteries and intelligent driving are the core of new energy vehicles."

"Mr. Wang, you understand technology. If a car has a longer range, can cruise at a constant speed, has strong vehicle controllability, 360-degree laser radar surround, has full obstacle avoidance capabilities, can park automatically, turn around on the spot, and has IP68 waterproof rating, and can pass through a one-meter-high floating section, would such a car be considered high-end?"

The boatman nodded and said with certainty: "That definitely counts!"

Wang Donglai then asked, "Mr. Wang, how difficult do you think it is to develop such technology?"

At this moment, the boatman fell into deep thought. After a while, he said, "Everything else is easy. If we want to make a U-turn on the spot, make the whole vehicle waterproof to IP68 and park automatically, with the current technological accumulation, it will probably take another ten years!"

Hearing the boatman's answer, Wang Donglai showed a smile on his face.

Brother Boatman naturally didn't know that it would take BYD less than ten years to develop the U8, which could do all these things.

It took only eight years to go public.

"Boss Wang, if I say it will take less than ten years and only three or four years to complete, do you believe me?"

As soon as Wang Donglai said this, the boatman shook his head and said, "That's impossible!"

"Professor Wang, you may not have experience in car manufacturing, so you may not understand some things. It takes time to develop a whole vehicle."

"From the initial mule car, simulation prototype, engineering prototype, process prototype, to trial production prototype, only after completing all stages of prototype testing can we deliver mature mass production models."

"We also need to conduct high temperature, high humidity, high altitude and extreme cold tests. If we are more strict, we need to run several hundred kilometers to test the performance of the vehicle."

"For traditional car manufacturers, such as Volkswagen, the development cycle of a new model is about 54 months, and this is based on the premise of having a large number of mature teams and experience."

When talking about the area he is familiar with, the boatman naturally feels confident.

After all, in front of Wang Donglai, a scholar-boss who has developed many market-leading technologies, Brother Boatman is somewhat suppressed.

At this moment, the area in which he was good at was finally mentioned, and the boatman naturally showed off his expertise.

"Mr. Wang, the situation you are talking about is traditional gasoline cars, which do not conform to the research and development process of new energy vehicles."

"The change of vehicle power from gasoline to new energy has troubled domestic manufacturers for many years. Chassis tuning that has not been able to catch up with foreign brands is no longer a problem."

"The entire battery is placed directly under the car, and the center of gravity is at the bottom of the car. Just this one change has caught up with the technology accumulated by Western car brands over dozens or even hundreds of years."

"In addition, engines are also my country's weak point. Even joint venture brands have not made many breakthroughs over the years. Now that they have switched to electric motors, we are competing on the same starting line, which has narrowed the technological gap with the West."

"Looking around the world, my country is the country with the most complete industrial chain. In addition, with a large population and emphasis on education, we have enough talent in China, from ordinary operators to high-end R&D personnel."

"In fact, the three or four years I mentioned just now also includes the construction time of a brand new automobile factory."

"If these are removed, the research and development speed can actually be much faster!"

"Mr. Wang may think that I don't understand the real economy, but I would like to say that Mr. Wang may have underestimated the development speed of new energy vehicles."

With the memories of later generations as evidence, Wang Donglai was naturally extremely confident.

The boatman didn't pursue the question. He just smiled and didn't continue to argue. Instead, he said, "Professor Wang, these things are all things of the future. I always believe that once the technology is accumulated, the success of the product will come naturally."

Wang Donglai nodded in agreement, and without correcting Brother Boatman, he said, "Regarding the patent for this semi-solid-state battery, I have several options. One is for your company to obtain the exclusive global license, the second is to obtain the exclusive domestic license, and the third is to obtain the license together with other companies."

"The biggest difference between the three options is the price of the patent. I'm sure Mr. Wang can think of that."

"So now it all depends on what Mr. Wang chooses."

The boatman had already anticipated the plan proposed by Wang Donglai.

After all, the performance of semi-solid batteries is visible to anyone with a discerning eye.

Now, the biggest problem facing the boatman is what price he should offer.

After the last incident with lithium-sulfur batteries, the boatman is now somewhat worried.

After spending a lot of money to obtain patent authorization again, Wang Donglai developed a new battery before it was officially put into mass production.

Although this possibility is not high, the strange thing is that when it comes to Wang Donglai, it makes people inexplicably feel that it is very likely.

So, after thinking for a while, the boatman said, "Professor Wang, this price is very difficult to set. If it's too much, I can't afford it. If it's too little, it won't match the true value of this technology."

Wang Donglai did not keep the secret and said directly: "Mr. Wang, honestly, in this case, let me tell you my psychological evaluation."

"Last year, domestic smartphone shipments were 4.2 million units, and global smartphone shipments were 11.67 billion units. According to my estimates, this year's domestic shipments should be 4.31 million units, and global shipments should be 14.33 billion units. As for next year, domestic smartphone shipments will be around 4.61 million units, and global smartphone shipments will be 14.7060 billion units."

"Imagine that every smartphone is equipped with lithium-sulfur batteries, and high-end phones are equipped with semi-solid batteries. When the time comes, we can give them a nice name. What a huge market this will be."

"Also, in the field of new energy vehicles, although the current penetration rate is not high enough, the battery usage of each vehicle is far beyond that of smartphones, so the market for this part is as high as billions. As the penetration rate increases, the market size will only get bigger and bigger."

"The first option is to package the global patents for 150 billion, the second option is to package them domestically for 100 billion, and the third option is 50 billion!"

Although it was expected that Wang Donglai would offer a very high price.

But after listening to it, the boatman couldn't help but gasp.

"hiss!"

It's just a technical patent, but it's priced so high. Even the boatman couldn't help but feel a little dissatisfied with Wang Donglai's high asking price.

However, in the boatman's heart, he is also a person who knows what he is doing.

He knew that although the price seemed very high, in fact, as long as he obtained the patent, he could recover the cost in two to three years at the fastest, or four to five years at the shortest, and the rest would be pure profit.

The West is pursuing carbon neutrality, curbing global carbon emissions and promoting new energy.

In the future, the battery industry will only develop faster and faster, and lithium-sulfur batteries and semi-solid batteries, which are superior to products on the market, are undoubtedly the four to two and the king bomb.

However, thinking this way, the boatman brother still said: "Professor Wang, last year the global market for lithium batteries needed for electric vehicles was only 350 billion. Even if you add electric bicycles, tricycles, unicycles and other means of transportation that use lithium batteries, the market is only more than billion."

"The global market value of lithium battery cells is only 1217 billion, and the global power lithium battery market is 514 billion."

"According to the normal growth rate, it may take more than ten years to recover the cost, so the price is too high!"

Brother Boatman is well aware of all the data of the global lithium battery industry, but as a businessman, he did not tell the truth.

For example, the global growth rate of power lithium batteries has reached 29%, which is an extremely rapid growth rate.

In addition, with the global support for new energy, the production and shipment of lithium-ion batteries have maintained a growth rate of more than 25%.

So, to be fair, although the price offered by Wang Donglai was slightly higher, it was still within the acceptable range.

To put it in the most appropriate terms, the semi-solid-state battery patent is a hen that lays golden eggs.

When the boatman reported these detailed data like the back of his hand, Wang Donglai looked at him with interest.

After the boatman finished speaking, Wang Donglai said, "Boss Wang, you and I are both technically savvy. We both know whether the price is high or not, and whether it's worth it or not."

"I also understand that there are only a few companies that can afford to buy at this price. It can even be said that there are only a few!"

"The current global top 10 lithium battery companies have a combined scale of only billion. I don't think most people would agree to pay so much in exchange for patents. Even if they agree, they don't have the ability to do so."

“So, I actually have another cooperation plan.”

The boatman's eyes moved, and he said, "Professor Wang, please speak!"

"Which business is the most profitable? Monopoly is the most profitable!"

“Why do Internet companies often have market capitalizations of tens of billions, hundreds of billions, or even trillions of dollars?”

"In terms of contribution to society, number of employees employed, and role in driving the economy, some Internet companies cannot even compare to a small steel plant."

"However, due to the unique form of the Internet, many products have been monopolized to a certain extent."

"And this kind of monopoly is euphemistically called a unicorn on the track."

"Mr. Wang, your company's layout of the entire industry chain in the automotive field is actually the initial stage of a monopoly. Once it reaches a certain scale, the cost will be extremely low and the product quality will be extremely high, crushing the low-end, mid-end and high-end markets at the same level."

"To be honest, I admire your company very much. Your insistence on research and development and your insistence on technology first are the advantages of doing business."

"So, if Mr. Wang is interested, our two companies can have a strategic cooperation."

"To be honest with you, Mr. Wang, I plan to restructure Galaxy Technology and establish Galaxy Technology Group, which will be divided into various major subsidiaries."

Before Wang Donglai finished speaking, the boatman had already made a decision.

"Professor Wang, no need to say more, I agree!"

Wang Donglai was slightly shocked by the boatman's decisiveness, but then he smiled and said, "Boss Wang, why don't you ask about the specific cooperation plan?"

"I believe Professor Wang!" said the boatman, nodding.

As the founder of BYD, Brother Boatman naturally has the authority to decide such major matters.

Without even seeing the specific cooperation plan, he decided to cooperate directly. Only a company founder like Brother Chuanfu would have such courage.

After reaching a verbal cooperation agreement, Wang Donglai did not hide it any longer and began to explain it to the boatman.

A joint venture was established, with Galaxy Technology investing with patents and BYD investing with capital.

As for how to distribute the shares, it was left to the people below to handle.

Of course, the joint ventures include more than just Galaxy Technology and BYD.

According to Wang Donglai's idea, the Qin Provincial State-owned Assets Supervision and Administration Commission and other battery manufacturers will also be included.

The boatman had no objection to this. Instead, he thought that more investment institutions could be added to provide protection. Wang Donglai thought about this suggestion and agreed to it.

In Wang Donglai's mind, the positioning of this joint venture is very simple, that is, to specialize in the production and sales of semi-solid-state batteries.

Since it did not involve research and development, Wang Donglai relaxed the restrictions.

At the same time, this is also a gesture of goodwill to many domestic investment institutions.

People who eat alone are always hated by others.

It is time for Galaxy Technology to share some of its profits.

Therefore, taking out the sales profits of semi-solid-state batteries is a good choice.

Use interests to tie these institutions together and borrow money from these institutions to do what Wang Donglai wants to do.

Except for BYD and several battery manufacturers, other investment institutions must put up real money if they want shares.

The 150 billion valuation told to Brother Boatman before will be the initial valuation of this joint venture.

All investment institutions that want to acquire shares must allocate funds according to this valuation.

Moreover, Wang Donglai will not release too many shares.

That's enough as long as we maintain a relative controlling stake of 51%.

If someone thinks that he can use commercial means to break through Wang Donglai's 51% stake and cause trouble at the shareholders' meeting in order to control him.

Then Wang Donglai will let these people know what dimensionality reduction attack is.

He is fully capable of developing batteries with better performance at any time to replace this semi-solid-state battery and transform market technology.

The 49% of shares released can be exchanged for 735 billion yuan of funds.

Part of it will remain in the company for development, and the other part will become a guarantee for Wang Donglai's future arrangements for Galaxy Technology.

I have money in my hand and don’t panic.

Douyin needs traffic and subsidies to develop users, and Pinyin also needs subsidies and traffic.

The investment in aerospace and medical fields is measured in billions.

With so many branches opened up at once, many people have already said that Galaxy Technology is ignorant of the immensity of the world and is blindly expanding. (End of this chapter)