After divorce, I can hear the voice of the future

Chapter 162 Investing in the Ningde Era
The next day, Lu Liang called Li Bing and told him that he wanted to talk to Lao Zeng from the Ningde era.

Although Tianxing Investment cannot come up with 1 billion, Tianxing Asset’s two funds have a total of nearly 10 billion in cash.

First, register Ningde’s shares under the name of the fund, and when he has money in a few years, transfer them to his own name.

There will be some loss in equity premium in the process, but it doesn’t matter. Since Ningde won’t be listed so soon, just consider it as the interest on the loan.

With Li Bing's help, Lu Liang quickly got in touch with Zeng Minqun on the phone and confirmed the time and place of the meeting.

Two days later,
Zeng Minqun led the team to the New International Building.

"Hello, Mr. Zeng. Did you have a smooth journey here?"

Lu Liang was all smiles as he met this expert who holds a Ph.D. in science from the Institute of Physics of the Chinese Academy of Sciences and enjoys special allowances.

In his first entrepreneurial venture, he led the team to overcome the problem of battery bulging, making ATL a benchmark in the mobile phone battery industry.

He started his second business and founded Ningde Times. Within five years, the company's power battery sales ranked among the top three in the world.

"If we had known that the roads in Shanghai would be congested during rush hour, we would have deliberately avoided the rush hour."

Zeng Minqun smiled heartily and was also looking at Lu Liang. Lu Liang's existence itself was a miracle.

After all, who would have thought that someone who was still selling houses at this time last year would suddenly become a financial tycoon.

It is no longer appropriate to describe Lu Liang as a rising star in the industry. After all, the famous Soros was defeated by him.

As we all know, the only person who can beat a Wall Street institution is another Wall Street institution.

The emergence of Lu Liang broke this rule. The Wall Street Journal said that his emergence was the beginning of the decline of Wall Street, and it was not an exaggeration.

"Everyone, don't stand at the door and chat. Come this way, please."

Tang Caidie was all smiles. Ever since she learned that this was a 10 billion investment, she had been working on it with great enthusiasm.

Even when I was at Sequoia, I rarely came into contact with such large-scale projects, and even if I did, I was mostly in support.

She never thought that she would have the honor to participate in such a project and become the main person in charge.

"Mr. Zeng, this way please."

A group of eight people came to the company's reception room. Chen Jinchun poured tea and served water, while Wen Chao assisted Ning De in distributing information.

Lu Liang also obtained more detailed information. Last year, Ningde Times sold a total of 2.4GWh in China.

GWh, also known as gigawatt hour, is a commonly used energy unit in the energy storage field, which is approximately equivalent to one million kilowatt-hours of electricity.

Power battery manufacturers also typically use GWh as the unit of measurement for shipments, with 1GWh equivalent to approximately 2 lithium batteries.

2.4GWh is approximately equal to 4.8 lithium batteries.

This number is very small, but considering that only 25 new energy vehicles were sold nationwide last year, it feels like a lot, after all, it accounts for 19.2% of the national market.

After reading the information, Lu Liang also understood how Ningde Times achieved a trillion-dollar market value five years later.

Because Li Bing said that the power batteries of new energy vehicles are very expensive, often accounting for more than 35% of the total vehicle cost.

Last year, the sales volume of fuel vehicles totaled 2450.33 million units. In time, the sales volume of new energy vehicles will reach 10% of that of fuel vehicles.

It does not seem so unacceptable that the market value of Ningde Times, which accounts for 19.2% of the national market, has exceeded one trillion yuan.

"This tea is really good. Mr. Lu also studies the tea ceremony?"

Zeng Minqun smiled as he picked up the teacup and sniffed it, looking calm and composed, as if he was the investor.

Lu Liang closed the information and said with a smile, "I don't know much, but I have a friend who is from Chaoshan. He has done in-depth research on this area, and he gave me all the tea."

"No wonder, in terms of tea research, the only one who can beat our Hu Jian is Chaoshan."

Zeng Minqun smiled suddenly and did not seem to be in a hurry. It seemed that for Ningde Times, financing was just for the purpose of going public.

This is indeed the case. The biggest difference between the manufacturing industry and the Internet industry is that the two industries create a large number of jobs and have heavy assets. As long as these two points are met and the company's performance is slightly acceptable, it will not be difficult to obtain a loan from a bank.

Although both can create a large number of jobs, jobs in the manufacturing industry at least have five social insurances, while food delivery riders, online ride-hailing drivers, and platform e-commerce basically have none of them.

Workers have five insurances and are guaranteed income regardless of drought or flood. Enterprises need to be responsible for them, and this also plays a role in stabilizing society.

Workers who do not have the five social insurances will stop working and eating, and can easily become a factor of social instability.

This is the most essential difference between the two.

It would be very difficult for venture capital institutions to take advantage of a company that could borrow money from banks at any time. Lao Zeng knew this and wanted Lu Liang to understand that financing was the icing on the cake and that Ningde was not really short of money.

They are sincerely looking for partners for listing, and they also hope that Lu Liang will treat them with sincerity and equality.

Lu Liang pondered for a long time and proposed two conditions. Zeng Minqun nodded slightly and restrained his smile: "I would like to hear the details."

Lu Liang said: "First, we hope to lead the IPO round, and second, have a seat on the board of directors."

Zeng Minqun frowned. He could agree to the first condition. If he had not promised CMB International in advance, he would have hoped that Lu Liang could take the entire 10% share.

Ningde Times is a mature enterprise. Their main creative team holds more than 50% of the shares in total, so it doesn't matter even if they give up 20% of the shares.

Moreover, the more shares Lu Liang holds, the more he will value Ningde Times and the more dedicated he will be when it goes public.

But as for the board seat, he was not sure whether Lu Liang wanted an executive director or a non-executive director.

If it is the latter, we can discuss it.

But if it was the former, he would never agree to it.

I don’t know how many companies have been ruined because investors served as executive directors and laymen guided experts.

Lu Liang smiled calmly: "It's fine to be a non-executive director. I can sit in on the meeting and supervise, but I won't be involved in decision-making."

The first condition is purely because he wants to make more money. After all, the future market value is trillions of dollars. The more shares he has, the more he can earn.

The second condition is to use public power for personal gain. He wants to build cars, and power batteries are the core of a car. By getting into Ningde, he can also learn more of the latest news.

Zeng Minqun looked thoughtful and nodded in agreement: "Boss Lu, we also have a condition."

"Just say it." Lu Liang said with a smile.

"After your company invests in our company, you are not allowed to transfer equity before it goes public."

Zeng Minqun wanted to leverage Lu Liang's fame and combine forces to be listed on the A-share market.

So he didn't want Lu Liang to jump ship midway, at least not before the listing.

Lu Liang smiled and said, "Mr. Zeng, it's a pleasure to work with you."

Although the private placement is for one year and transfer is not allowed, settlement may be a bit troublesome, but there are solutions.

It is nothing more than mortgaging it, exchanging some money for settlement, and then redeeming it. There is just one more process in between, which is not a big problem.

"Pleasant to work with."

Not long after, Zeng Minqun led the team and left the New International Building. News spread in the circle that Ningde Times had obtained a billion-dollar investment from Tianxing with a 3.33% stake.

"Lu Liang doesn't plan to speculate, is it time to invest?"

"It should have been done long ago. Speculation is not a long-term strategy. If you walk by the river often, you will get your feet wet."

Although speculation can bring high profits, it is easy to get into trouble, just like Mojang Blackstone Quantum, which lost billions of dollars overnight.

Lu Liang's ability to have a sense of crisis, divert funds and carry out value investment has been highly praised by people in the industry.

At the same time, various capitals moved in response to the news.

Because in a sense, Luliang has become a weather vane of the financial industry, with heavy investments in the new energy sector, investing in NIO and Ningde Times.

He is optimistic about the new energy industry, and it seems that he is not just talking casually, but investing real money in it.

This has forced venture capitalists to re-examine the new energy market, which only has 25 vehicles sold throughout the year.

Capital is ready to move and has decided to increase investment in the new energy vehicle market in the next quarter.

Wei, Xiaopeng, and Li Auto, as well as LeTV Auto, have suddenly become the new darlings of the industry, because investing in new industries means investing in new companies, which can maximize profits.

BYD, SAIC, FAW, etc. are all old hands and you won't make much money by investing in them.

"I think the entire industry should erect a monument for me and extol my name."

Li Bing smiled happily and thought narcissistically.

Although Lu Liang ignited the fuse of the industry, it was the people in front of Lu Liang who put the fuse.

(End of this chapter)