When I am reborn, I just want to be a top student
Chapter 713 Cross-Shareholding: Another Storm in the Mathematics Community
The boatman's intention was simple: he wanted to establish a deep partnership with Galaxy Technology.
Although Boatman is very confident that he can develop BYD.
However, with Wang Donglai's help, this time will be greatly shortened.
For example, it's highly possible to shorten the timeframe from ten years to seven years, or even five years.
A very simple tactic is for Galaxy Technology to control the production capacity of Xuanwu Battery and prioritize its supply. Whoever secures the supply will gain an advantage in the new market competition.
Boatman wants to develop BYD, make money by manufacturing Xuanwu batteries, and deeply integrate with Galaxy Technology.
Cross-shareholding is the best approach.
Moreover, each party's shareholding percentage cannot be too small.
Only in this way can BYD reap the greatest benefits.
This time, Brother Boatman had made preparations in advance. As long as Wang Donglai agreed, he could make him the third largest shareholder of BYD.
Of course, they will also have to give Galaxy Technology shares of equivalent value.
The reason for mentioning the OEM requirement first was to avoid Wang Donglai misunderstanding, and also to gauge Wang Donglai's attitude.
"Mr. Wang, we have already calculated your costs and profits. Based on the performance of the Xuanwu battery and the resulting increase in sales, we have a rough data model."
“After deducting costs, that’s your profit. The reason we asked you to improve employee benefits is because I considered this when I priced the Xuanwu Battery, so I lowered the price and left you with a profit margin after improving employee benefits.”
"I have always firmly believed in the principle of mutual benefit and win-win cooperation."
"Let everyone make money, and 'everyone' includes everyone."
"Consumers spend money and get products of sufficient quality and excellence, which is good value for money."
"The manufacturers also make a profit, and the workers can also earn a considerable wage."
"Instead, consumers are treated like suckers, paying a lot of money to buy a piece of junk, while workers don't make any money. Their wages barely cover basic living expenses, and only the boss buys a new car, a new house, and a new secretary."
"This kind of boss doesn't understand win-win cooperation, and I'm unwilling to cooperate with such a person."
"A person who doesn't know how to share is, in my opinion, a failure as a person."
"It's fine to let BYD do the manufacturing, but we must improve the wages and benefits. I hope that Mr. Wang can share a portion of the profits with the lowest-level employees."
"To be honest, Mr. Wang, I'm actually planning to build my own factory. I'll go into whichever industry is the most demanding and has the lowest profit margins."
"Express delivery, we already have Xinghuo Express."
"Many people in mobile phone manufacturing, energy battery manufacturing, home appliance manufacturing, etc., are saying they are not making money."
"But when I looked at the employees' salaries, they hadn't increased for many years."
"Everyone has the right to pursue a better life; it's human nature."
"The boss wants to multiply his net worth several times over, adding a zero, while the employees are thinking about working overtime, even if it's just a few hundred more yuan."
"Everyone's circumstances are different, so their pursuits are also different."
"The boss's new car is equivalent to the annual salary of several employees."
“I never deny the necessity of the wealthy, and I approve of the consumption of the rich, but I am more concerned about how many people have benefited from the rise of the rich.”
"Mr. Wang, my attitude has always been firm and consistent."
"If you want to cooperate deeply with Galaxy Technology, you must accept our philosophy and recognize our practices."
"We should all make money together, but how we distribute it must be based on our ideas and favor the lower-level employees."
"Mr. Wang, you can seriously consider this."
Wang Donglai wasn't lying to the boatman.
He genuinely thought so, and he was prepared to do so.
Galaxy Technology's cash reserves are growing, and it's unclear how many people are eyeing those funds.
It can be said that at this time, Galaxy Technology had become the cash king among domestic private enterprises due to its Changqing Liquid and a series of other products.
Previously, when he had 200 billion yuan, Wang Donglai had made a plan to spend the money within two years and invest it in various fields.
As a result, just six months later, over 100 billion yuan suddenly appeared in the account.
The money spent is less than the money earned back.
Xinghuo Express aims to provide a better delivery experience for users of the "Pinyidao" (拼一刀) platform and also to create more jobs.
In Wang Dong's view, there is still much room for improvement in the current express delivery landscape and delivery speed.
Because there was no competition, they all tacitly controlled their performance at this level.
What Wang Donglai wants to do is act as a catalyst, stimulating the market and eliminating those unambitious companies.
For these labor-intensive industries, Wang Donglai's goal is simple: invest heavily in the early stages, stabilize later, prioritize breaking even, keep profits low, provide generous compensation, and show humanistic care.
Faced with Wang Donglai's idea, the boatman did not answer immediately, but thought about it seriously for a while before speaking up: "Mr. Wang, if a company wants to develop, sometimes it has to make choices."
“Every penny of funding is crucial for BYD’s development to this point. With such fierce competition in China, if we can’t immediately establish ourselves in the market and continuously drive technological research and development, we will soon be eliminated by the market.”
"To be fair, your company's ability to offer such generous benefits to its employees is based on your company's high profit margin."
"When the granaries are full, people know etiquette; when they are well-fed and clothed, they know honor and shame. BYD is a capital-intensive enterprise..."
Before the boatman could finish speaking, Wang Donglai interrupted him.
"Mr. Wang, there's no need for so much talk between us."
"I have already stated Galaxy Technology's requirements for its partners. We only select, not train, adults. If they meet our criteria, then we can cooperate. If they cannot accept our philosophy or do what we say, then naturally we cannot cooperate."
Wang Donglai's words were not very polite, but the boatman didn't seem to mind.
“Academician Wang, actually, I came here this time not only for the contract manufacturing matter, but also for another idea.”
"I don't know how Academician Wang views BYD, but I would like to engage in cross-shareholding with Academician Wang."
"In response, I am willing to offer 12% of BYD's shares, which can be registered under Academician Wang's name or under Galaxy Technology's name."
"I believe that if our two parties cooperate, we can better demonstrate commercial value, implement the technology more quickly, and promote technological development."
Cross-shareholding!
Upon hearing what the boatman said, a glint of light flashed in Wang Donglai's eyes.
"With cross-shareholding, Mr. Wang is actually willing to give up 8% of the shares. I don't think it's something he'd just give away for free."
"8% of BYD's shares, I wonder what Mr. Wang is planning to exchange for from me?"
Wang Donglai did not lose his mind with joy at the shares that the boatman had given him for free.
There is no such thing as a free lunch.
An 8% stake in BYD, based on its current market value, would be worth 120 billion. As for whether this 8% stake consists of H-shares or A-shares, Wang Donglai didn't inquire.
“Academician Wang, BYD’s current market value is far from its limit. In my opinion, it will take at most five years for the market value to exceed one trillion.”
"Therefore, although 8% of the shares may not seem valuable at this time, as long as I have some time and the well-established industrial chain is formed, the market value can be immediately increased. I can confidently say to Academician Wang that we will have at least half of the market share in the future domestic new energy vehicle market."
The boatman spoke with absolute confidence.
It was at this moment that the true charisma of the founder of a multi-billion dollar conglomerate was revealed.
With a smile on his face, Wang Donglai said, "Mr. Wang, I think your company's current market value of 150 billion is somewhat underestimated."
"Mr. Wang just said that the market value could reach one trillion in five years, and I believe that too."
"But has Mr. Wang considered what Galaxy Technology's market value will be five years from now?"
"Does this mean that Galaxy Technology has only stagnated and made no progress in the past five years?"
"Therefore, if Mr. Wang wants to hold shares in each other, we should conduct an equal swap based on the current market value."
“I’ve always been fair and just. If Mr. Wang is indeed interested in cross-shareholding, then we can certainly discuss that.”
"However, some conditions need to be renegotiated."
"For example, shareholdings, or conditions attached."
“I understand Mr. Wang’s idea. Cross-shareholding is for win-win cooperation and for better development of the new energy vehicle business.”
"But cooperation is cooperation, and we must have the sincerity and attitude to cooperate."
Wang Donglai's words were tactful, and the boatman naturally understood them.
When he came up with the idea of cross-shareholding, he had already anticipated Wang Donglai's reaction, so it was not unexpected.
"Academician Wang is right. Business matters should be kept separate from business matters. Let the lower-level staff handle the specific details."
The boatman nodded in agreement.
Hearing what the boatman said, Wang Donglai nodded and didn't say anything more.
……
After seeing off the boatman, Wang Donglai hadn't even started working when new customers arrived.
Xu Songyao, along with Zhang Yitang and the president of the Chinese Mathematical Society, visited the site.
To be honest, Wang Donglai was a little confused about the arrival of these people.
However, even though their intentions are unclear, they won't refuse to see them.
Soon, Wang Donglai met several people in his office.
"Donglai, I have something to discuss with you today."
"The International Congress of Mathematicians is being held next month. According to our information, this congress may be somewhat detrimental to your previous research."
When Wang Donglai heard this, he was stunned.
After thinking about it for a while, I finally understood the meaning of that sentence.
"Uncle Xu, are you saying that next month's global mathematicians' congress is going to question my previous research? Which conjecture? Which bigwig is it?"
Wang Donglai was genuinely curious.
Mathematics is different from other subjects; you either know it or you don't, and you either don't know it or you don't know it.
If anyone were to question him, it would have started the moment he raised the issue.
How could it have been so long, especially since it was presented at the International Congress of Mathematicians?
Moreover, he was even more curious about which hypothesis this time it was targeting.
"Well, that's roughly the idea. It seems that some Western researchers have offered different perspectives on the Navier-Stokes equations you proposed earlier."
"At that time, this problem may be discussed at this World Congress of Mathematicians."
"This is clearly a challenge to you. I estimate that the reason for this situation is mostly because Galaxy Technology has recently released too many and too powerful technologies, so they want to start by questioning you in the field of mathematics."
"This is probably just the first step; there may be other methods to follow."
Xu Songyao was not at all reserved and directly stated his guess.
Upon hearing that it was the Navier-Stokes equation, a confident yet slightly mocking smile appeared on Wang Donglai's face. He said calmly, "Now that you mention it, I'm somewhat looking forward to it. I wonder how many things they can find that I haven't noticed."
Zhang Yitang and the others standing to the side exuded unwavering confidence in Wang Donglai.
However, at this moment, the president of the Chinese Mathematical Society spoke up.
"Academician Wang, this matter is no longer a secret; it will probably spread gradually in the next couple of days."
"We had an internal discussion as soon as we learned about this, and we have an idea that we need your help with."
Wang Donglai did not agree immediately, but instead asked, "Chairman, you said this news would gradually spread in the next couple of days and that it has been discussed internally. I would like to know what the results of the discussion were?"
"This is blatant academic discrimination and disrespect for us. I would like to know how the Chinese Mathematical Association, as an official domestic association, views this matter and what response it plans to take."
"We can't expect that at this point, we'll have to go to the meeting, face the questions, or protest verbally online!"
After saying this, the president's expression immediately turned somewhat unpleasant.
However, this only lasted a moment before the president regained his composure.
"Academician Wang, I understand your thoughts."
"This time it's not just the West. According to secret documents, the main focus of the questioning is that you systematically misappropriated the legacy of the former Soviet Union in the process of proving the Navier-Stokes equations."
"Therefore, a special question-and-answer session will be added to the agenda of this conference. Whether you attend or not, you will be required to provide an explanation in front of the global media."
"In this regard, perhaps by not going, you are actually doing them what they want."
"After learning about this situation, I reported it to my superiors and requested instructions."
"As a first step, we will unite Chinese mathematicians from home and abroad to withdraw from this mathematicians' congress."
"The second step is that we will hold a mathematicians' conference led by us, and we will extend invitations to renowned mathematicians from around the world."
"Finally, we plan to publish Academician Wang's academic papers in international journals as a counterattack."
"The next two steps will require Academician Wang's full assistance, which is precisely the purpose of our visit."
After listening, Wang Donglai immediately understood.
A slight smile involuntarily appeared on his lips.
His sudden emergence did have some effect; he was certain that the country would not have been so assertive if he hadn't appeared.
Of course, without me, none of this would have happened. (End of Chapter)
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