After divorce, I can hear the voice of the future

Chapter 109: Dual Leaders in Two Sectors

With a valuation of one billion US dollars, even if Li Bing is sold, NIO is not worth that much money.

In fact, he invested only 20 million US dollars and adopted the AB equity structure model.

Simply put, investors provide the money and Li Bing starts the business, but he can use one share as five shares to ensure control.

The US$20 million in financing means that he will sell 80% of the shares except for his own %.

If Lu Liang takes up all the $2000 million funding gap, he will own 20% of NIO’s shares.

But whether it is possible to cash out is still unknown, because the pit is too big, the end date is endless, and there is a high probability that the money will be wasted.

Otherwise, companies like Tencent, JD.com, and Hillhouse Capital have the ability to acquire shares, but they only invested 10 or 20 million yuan tentatively.

Moreover, it was Li Bing's reputation that played a role in getting them to invest 10 or 20 million US dollars.

After all, the founder of Yiche.com has successful experience.

If it is a newcomer who is poor and knows nothing, they probably won't even bother to take a look.

Lu Liang pondered for a long time and said, "I'll give you 1000 million US dollars, and you can figure out the rest yourself."

He was running out of money. He originally had 3.1 million yuan, but after buying the house, he was left with 16 million yuan. Later, he subscribed for 3200 shares, totaling 2.03 million US dollars, equivalent to million RMB.

The available funds are less than 100 million.

If I invest 10 million US dollars now, I will only have more than 30 million RMB left in my pocket. I will probably have to spend money sparingly in the future.

He still has more than 80 million in private equity, but he plans to keep the money in the financial market and does not plan to make any venture investments.

After all, if you want to vote, you should vote for himself.

The pitfall of new energy vehicles is too big, and he has no intention of officially entering the market unless he prepares tens or hundreds of billions of dollars.

Li Bing was overjoyed and shook Lu Liang's hand: "Thank you, Mr. Lu. Thank you very much."

He had low expectations of Lu Liang, after all, the two had only met once before.

I just wanted to give it a try, and my upper limit of expectation for him was only 500 million.

I didn’t expect it to double.

"Mr. Li, don't be so anxious to thank me. I want to know what conditions JD.com and Tencent have proposed?"

Lu Liang smiled. Someone once said that venture capital money is not so easy to get, and you should never take it unless it is absolutely necessary.

Even if you want to take it, you must ensure that there is sufficient funds in the company's account to support business operations and ensure bargaining power so as not to be controlled by venture capitalists.

The new policy on new energy was about to be released, and Li Bing must have been unable to wait any longer, so he found him whom he had only met once.

Lu Liang has bargaining power. He wants to know what conditions those institutions have put forward, and he also wants equal rights.

“After the B round, a board of directors will be formed. If you follow up with the next round of investment, you will have a board seat and participate in the company’s decision-making.”

Li Bing told the truth, and also told him about the bet agreements he signed with major venture capital institutions.

The first concept car must be launched within the next eight months after the completion of the A round of financing.

Otherwise, all funds must be returned including principal and interest.

Lu Liang understood: "Boss Li, I wish us a pleasant cooperation."

"Pleasant to work with."

Li Bing smiled. He had experienced this kind of thing before when he founded Yiche.com.

Capital is profit-seeking, they are like iron whips with curved hooks, and the gambling agreement is like a red line.

If the bet is completed within the regulations, the whip will not fall. Otherwise, every whip will cause blood and flesh to roll up.

Monday, October 9.

Li Bing came to Tianxing Capital, signed the subscription contract, and waited for the press conference at ten o'clock.

He couldn't help but be curious: "Mr. Lu, do you have so much free time? Once the new policy is released, the new energy sector will surely riot." As far as he knew, Lu Liang also managed 100 million in private equity, otherwise he would not have found Lu Liang to seek investment.

"Mr. Li, I have said it before, I have always been optimistic about the development of the new energy industry." Lu Liang smiled indifferently.

Li Bing suddenly realized that Lu Liang was not complimenting him at the time, but was really optimistic about this industry.

In this way, he must have been well prepared to sit back and relax.

Time passed by minute by minute, and Lu Liang brewed the Dancong tea sent by Lao Meng. He was led astray by Lao Meng, and since he fell in love with tea, he rarely drank coffee or Red Bull.

But he didn't resist this change.
Now that I have money, I should take good care of my health.

At 1 a.m., the State Council held a press conference and announced the "Parallel Management Measures for Passenger Car Enterprises' Average Fuel Consumption and New Energy Vehicle Credits", which will be officially implemented on January 1 of next year and the first settlement will be made on December 12 of next year.

Unlike the United States, my country adopts a dual-point policy, fuel consumption points and new energy vehicle points.

Simply put, the government allocates a certain amount of carbon dioxide emission credits to each automobile manufacturer, whether imported, joint venture, or domestically produced, while increasing credits for new energy vehicles and allowing them to be traded.

Assuming that Wuling sold 10 fuel vehicles last year, it will only have a quota of 8 this year.

Once it exceeds the limit, you must purchase new energy credits to offset it, or produce new energy vehicles yourself to generate credits.

If the settlement date is a negative number, the company will be subject to corresponding penalties in the following year, such as suspension of declaration and production of high-fuel consumption products.

"How cruel, the knife cut directly on the aorta." Li Bing was amazed, and also felt gloating.

He still remembers the original intention of establishing Yiche.com, which was that he could not stand the arrogance of 4S stores, which took advantage of information asymmetry and quoted random prices.

Later, Yiche.com was established, integrating automobile manufacturers and distributors at all levels, making automobile prices in different regions more transparent.

Later, when Yiche.com went public, he also thought about transforming into a complete vehicle manufacturer, but traditional car companies were too arrogant.

They are like stones in a toilet, smelly and hard. They occupy the resources provided by the government, but do not want to develop new technologies, nor do they want others to do so.

The production license is like a barrier that keeps all outsiders out. They act as both referees and players.

It was not until five years ago that the country promoted the development of the new energy industry, both for environmental protection and energy security.

At that time, Li Bing saw hope. He waited and waited, and finally this day came.

The double-point policy reflects the country's determination to proactively cut off the support of fuel vehicles in order to develop new energy.

As soon as the press conference ended, Li Bing's phone kept ringing, and his friends called to ask for his opinion.

"Mr. Lu, if everything is fine, I'll take my leave first." Li Bing said and left in a hurry.

"Mr. Li, take care."

Lu Liang did not see him off and went to the trading room next door.

All the traders looked at Lu Liang as if he was a god descending from heaven, and admiration was written all over everyone's face.

Lu Liang looked up with a smile on his face.

The display screen on the wall turned red, and the entire new energy sector soared by 6.25%. The index rose by 92 points. The current new energy index is 1564 points.

Among the 54 constituent stocks, 31 hit the daily limit, and the remaining 23 had the lowest increase of 2.32%.

Among the 11 stocks that Lu Liang holds heavily, 9 hit the daily limit, while Ganfeng Lithium and Dofluoro only rose by 7.85% and 6.53% respectively.

"BYD is about to take off." Lu Liang couldn't help but sigh that the new energy policy has the greatest impact on BYD.

Because it is the global leader in lithium batteries, it also produces and sells new energy vehicles, making it the dual leader in both sectors.

When the points system is officially implemented next year, BYD's new energy points will definitely be far ahead of others.

If the country does not set a price cap for carbon credits, BYD will even have the bargaining power in the carbon credit market.

This can no longer be called pie in the sky, but rather a gold mine suddenly growing up at one's doorstep. With a market value of 1621 billion now, it would not be surprising even if it triples, five times, or even seven times in the future.

　Thanks to 198215dai and clown mask xhh for the reward

　　
　
(End of this chapter)