Reborn: Billionaire in College

"Old Wang, your news is shocking and totally beyond my expectations. Would you like to consider it again?"

As soon as today's closed-door meeting started, Wang Chuanfu dropped a bombshell, which made Chen Pingjiang dizzy. He never expected that the other party would attack from this angle, putting himself in a dilemma.

Before the issue of production capacity was even discussed, Wang Chuanfu directly expressed his hope to transfer 20% of the equity to Chen Pingjiang at a price half of the market price.

Chen Pingjiang knew that this was just a way to shut himself up.

Wang Chuanfu didn't want to break up and destroy their relationship, but he also had his own persistence.

This made Chen Pingjiang look at him with admiration.

Once Jiuzhou S1 is successfully listed in the future, its market value may not be lower than BYD, and it may even have higher potential.

If the CEO is short-sighted, he might have given all the production capacity to Jiuzhou Auto. To be honest, although BYD's sales are OK, the profit is really low. If it were not for mobile phone OEM and battery sales, it would have lost money long ago.

That would basically be equivalent to giving up the BYD New Energy brand to some extent.

But in the face of interests, Wang Chuanfu can really stick to his original intention. Even if he sells part of Jiuzhou Automobile's shares, he will try his best to retain BYD New Energy's production capacity.

As for the price, it's also very decent.

Half of the market price is basically how much money you invested initially and how much money you get back now to protect your capital.

If the other party sold it at the market price, Chen Pingjiang would have to buy it with a pinch of his nose, and he would feel that it was reasonable.

“No need. I’ve been thinking about it for a long time. BYD has benefited from its cooperation partners. I made this money without doing anything. I can’t feel at ease with the money.” Wang Chuanfu smiled and shook his head.

Chen Pingjiang hesitated to speak, and finally patted his thigh, quite helpless: "You...you really made me feel unfair, if people outside knew about this, how would they look at me, Chen Pingjiang?"

Wang Chuanfu was stunned at first, and then immediately said: "I will definitely embellish it in the announcement."

We are all smart people, and he knew what Chen Pingjiang was referring to.

As a company listed on the Hong Kong stock market, BYD is required to submit an announcement to the Hong Kong Stock Exchange for such major financial changes.

Got it!
Chen Pingjiang was completely speechless.

They even took care of the whole thing, how thoughtful.

"Since you've made up your mind, let's do as you say. But...please leave me at least 70% of the production capacity. If it's lower, I'll be in trouble."

"No, I can only give you 50% at most."

If Chen Pingjiang had heard this number when he first entered the room, he would probably have slammed the table, but now that he had just finished eating, he felt a little embarrassed.

He sighed: "It can be seen that you are really confident and have a dream for BYD's new energy family passenger car."

The reason why Chen Pingjiang said this is because BYD is already a behemoth.

The mobile phone components and assembly business, secondary rechargeable batteries and photovoltaic business are all very strong, accounting for at least half of BYD's output value.

Even if it doesn't make cars, or to be more specific - even if it doesn't make new energy vehicles, BYD can still survive well.

Although BYD's automotive business accounts for half of the group's output value, a large proportion of it is brought by pure electric buses and traditional fuel vehicles. Chen Pingjiang cannot use this part of the production capacity. Although the production line can be modified, he can't wait, and consumers can't wait even more.

What Chen Pingjiang hopes is that Wang Chuanfu will transfer the production capacity of "Tang", "Song" and "Qin" to Jiuzhou Automobile first.

After all, the annual sales of these three models, whether they are on the market or not, add up to only about 4 to 5 units, which is really very small.

Although BYD is transforming towards new energy, its best-selling models are still low-end fuel vehicles represented by F3, Su Rui and S7. Wang Chuanfu smiled bitterly and said: "I always feel that this is the future and we can't give up. We can't compete with those foreign joint venture car companies in traditional fuel vehicles, so we can only seek to overtake them."

Now that things have come to this, what else can Chen Pingjiang say?

Perhaps it is because Lao Wang has such determination and persistence that he can lead BYD to create a new world in the future.

Successful people do have the qualities of success.

Wang Chuanfu is not like Chen Pingjiang who has opened up the entire map. All his decisions are made under great external temptations, and he will face great difficulties in the future.

BYD has really gone all in on new energy, even though its most popular and best-selling vehicles are still fuel-powered ones.

Even last year in 2014, when the entire BYD Group had a combined turnover of 600 billion yuan, its profit was only 4 million yuan.

Even today in 2015, BYD estimates that it can achieve a turnover of 800 billion, but its profit will only be 28 billion.

but……

Although Chen Pingjiang admires Lao Wang, he still has to stick to business.

The problem of production capacity needs to be solved.

He now understood what Yin Yunxiang said. He really wanted to cooperate with BYD, but Lao Wang still had his own BYD dream and ambition in his heart.

It’s a matter of angle, that’s certainly true.

Of course, the people below did mention building another factory when they were communicating with each other before, but in the end this proposal was shelved.

Because no matter how you calculate it, it's twisted.

The atmosphere in the conference room was a little tense. Chen Pingjiang tapped his fingers rhythmically on the conference table, thinking about the various consequences in his mind.

After a long while, he nodded. "Okay, let's do as you say. I'll figure out the delivery of the new cars myself, but you can't cut my production capacity anymore, otherwise we may not be able to sit down and drink together next time."

Lao Wang breathed a sigh of relief, his face lit up: "No problem, a gentleman's word is his bond. Well, to be honest, I always felt that your coming this time was a big test for me, and I was struggling with it for a long time."

Chen Pingjiang rolled his eyes in annoyance. "I don't know how many problems I will have to deal with later. My scalp is about to explode when I think about the possible problems I may face. Should the new car launch conference be postponed? Should the delivery to major customers be postponed? If the car explodes after it is launched, what should I do about the subsequent delivery of new cars? One thing leads to another, it's a lot of trouble."

"I won't hide it from you. The problem of production capacity must be solved. Since you, Wang, can't give me a satisfactory solution, the only way left for me is to acquire a factory or build one myself."

Wang Chuanfu nodded and said nothing.

He had guessed this result long ago.

You can't just tie people down and prevent them from making progress or giving them production capacity. That doesn't make sense.

On the way back to the hotel, Chen Pingjiang kept his eyes closed in the boss's seat, but his brain was actually working fast.

This time when he came to BYD, Wang Chuanfu made a move that was completely unexpected for him.

Originally, I planned to take over half of the production capacity no matter what, so that I could return to Dongjiang with peace of mind.

Now Wang Chuanfu is retreating to advance, making it difficult for himself to make a move and bargain.

Thinking that many things would have to be changed later, Chen Pingjiang was at a loss for a moment.

[PS: This book is now gradually entering the final stage, and there are about 30 to 50 words left? I didn't know what to write at the end before, but now I have an idea. I will end with the reconciliation of Xiaohongshu and the launch of Deepseek, the breaking of the Stargate, and the stock market crash in the United States. It's amazing what happened in this month. ] (End of this chapter)