Chapter 627 This girl is quite smart!

Everyone else at the table could hear the hidden meaning behind Shen Nanpeng's words.

He was not optimistic about Luo Yang's e-commerce platform, but was extremely optimistic about Kunpeng Technology. For this reason, he even invested 18 million yuan in the unpromising project just to establish a good relationship with Luo Yang.

"Is Mr. Shen so optimistic about Kunpeng Technology?"

"In fact, I'm not the only one who thinks it's good."

Shen Nanpeng said frankly: "Including another company called DJI, many institutions in our circle are optimistic about this industry. Unfortunately, they are just like you and do not want to accept financing for the time being."

What he said is true.

In its previous life, DJI, apart from early investors and schools, did not receive any external financing until it was listed on the Hong Kong stock market in 2019.

"Mr. Shen is so frank, so I'll tell you the truth too."

Luo Yang smiled and said, "Last month, Kunpeng Technology borrowed 1 million yuan from the bank. At present, the company is not short of money, so it will not consider financing for the time being. Moreover, even if the company wants to obtain financial support from outside, it is not the time when the money is worthless like now."

"What time do you think is right, Mr. Naro?"

Shen Nanpeng saw a glimmer in Luo Yang's words and immediately asked, "Or at what price will Kunpeng Technology be valued before Mr. Luo is willing to release a portion of his shares?"

"If there must be a time point."

Luo Yang stroked the tall glass while thinking for a moment before responding to Shen Nanpeng: "After the Berlin Air Show in September this year, Kunpeng Technology will make an effort to seize the market. Perhaps that time will be the company's only financing window before listing."

The only window.

According to what he meant, Kunpeng Technology will be listed in the future, but the company will only raise external financing once.

In its previous life, DJI did not encounter a rival as strong as Kunpeng Technology at the same time, so it was able to calmly expand the market and develop products at its own pace.

But Kunpeng Technology in this life is not good enough, it has strong competitors.

Whether you want to share the same results or want to be the leader, you must have sufficient funds.

"The Berlin Air Show in September this year?"

Shen Nanpeng nodded and said: "The Berlin Air Show is open to the whole world. It is a good idea to launch your second-generation multi-rotor drone series products to the outside world at the exhibition, which is equivalent to holding a new product launch conference in front of aviation fans all over the world."

"To be honest with you, Mr. Shen, although the Kunpeng 2 we have launched to the market is already very good, it was actually a bit hasty when it was finalized, and some imperfect new technologies were not applied to this model."

Luo Yang smiled confidently and said, "When we go to the air show in September, we will bring out several second-generation drones that use new technologies. I believe that the drones we bring out this time will amaze the world."

"Oh?"

Shen Nanpeng's eyes lit up: "Really?"

"Mr. Shen can wait and see."

"Then we'll see!"

Luo Yang and Shen Nanpeng raised their glasses at the same time and toasted each other.

One of them dared to speak, and the other tried to believe it, but there was no sign of anything unusual on their faces.

Is the truth really as Luo Yang said?
Among those present tonight, he is the only one who knows the truth.

There are indeed two new technologies that will soon be applied to the second-generation drones.

The first is obstacle avoidance technology.

Previously, the Kunpeng 1 UAV was still in the obstacle perception stage, and the drone's obstacle avoidance had to rely on simple sensors, such as infrared sensors, ultrasonic sensors, etc., to detect the presence of obstacles.

When the drone encounters an obstacle, it can quickly identify it and hover, waiting for further instructions.

However, the R&D personnel of Kunpeng Technology have made a breakthrough in this area.

They have upgraded drone obstacle avoidance technology from the obstacle perception stage to the obstacle bypassing stage. Today's second-generation drones are able to obtain depth images of obstacles and accurately perceive the specific contours of obstacles, thereby autonomously bypassing them.

Of course, this technology has a more advanced stage, which is scene modeling and path search.

The obstacle avoidance technology of drones at this stage can not only sense and bypass obstacles, but also automatically plan flight paths through scene modeling and path search algorithms.

At present, both Kunpeng Technology and DJI are still far from this step.

Because this involves AI intelligent technology, and this technology is in its infancy, not to mention in China, even in top laboratories in Europe and the United States.

In addition to obstacle avoidance technology, another important innovation is the body material.

Originally, Kunpeng Technology and Luo Yang's alma mater jointly established a fuselage material research and development team, but the technology in this area still followed traditional materials and no breakthroughs were made in the research and application of new materials.

But Luo Yang has its own bug.

The fragments of memory in his mind connected to a piece of information: there was a factory called Guangwei in Shandong Province that produced fishing rods. In 03, it had made a breakthrough in carbon fiber technology and applied this material to fishing rods.

In 2012, he invested his entire fortune in the research of military-grade carbon fiber materials.

Hard work pays off, and the research made a breakthrough in 2014.

The second-generation UAV fuselage uses carbon fiber material, which not only strengthens the fuselage structure strength but also reduces the fuselage weight.

what does this mean?
The new second-generation drone uses the same power battery, and the platform can carry more accessories, or have a longer hovering time and faster flight speed.
Not to mention other minor technical adjustments, the innovative application of these two technologies alone can enable the new Kunpeng 2 to achieve a great breakthrough in practicality.

That's why Luo Yang dared to say something refreshing.

"I wonder how much Mr. Shen values ​​Kunpeng Technology now?"

Just when Luo Yang and Shen Nanpeng put down their wine glasses, Song Wan suddenly asked a question.

She owns 5% of the company.

Ever since Luo Yang transferred her from the position of human resources director of Kunpeng Technology, she has never had the opportunity to learn more about the company, so she is particularly curious now.

How much is this company, which was once favored by her and is now even more sought after by Sequoia Capital's Shen Nanpeng, worth?
"Mr. Song is so curious?"

Shen Nanpeng did not respond to Song Wan, but looked at Luo Yang with a smile: "Is Mr. Luo curious too?"

He knew that Song Wan was the vice president of Lingshi Palace Group, in charge of the investment department, and was also the person in charge of the shared bicycle project.

It is normal for someone holding these positions to want to find out venture capital institutions' valuation of Kunpeng Technology.

But Shen Nanpeng had a hunch that Song Wan's purpose was not that simple.

“It’s impossible to say I’m not curious at all.”

Luo Yang replied with a smile, then looked at Song Wan: "Your family is in the investment business, and you are also in this circle. You should be very clear about the standards that institutions use to evaluate the value of emerging companies. Mr. Shen is here today, so I will test you. According to the evaluation of our company's investment department, what is the estimated valuation of Kunpeng Technology?"

"Hahaha"

While Song Wan was stunned, Shen Nanpeng burst into laughter.

"Mr. Luo, that set of standards is for ordinary companies, not for companies like Kunpeng Technology."

Who knows if Luo Yang was conveying some meaning through Song Wan's mouth.

Well, I can only say that his thinking was led astray.

Shen Nanpeng, who saw through the "truth", did not wait for Song Wan to speak and said directly: "We have conducted several internal evaluations, and the most recent valuation of Kunpeng Technology is about 15 to 20 billion."

Before the launch of the new generation of multi-rotor drones, Kunpeng Technology's annual revenue was approximately 80 million.

Based on a valuation of 5 to 10 times, it would be less than billion yuan.

Now taking into account the value of the new product, the first round of financing can give a valuation of 15 to 20 billion yuan, which is not low.

Luo Yang immediately gave Song Wan a look: Your 5% shares are already worth hundreds of millions. It’s not a loss to work for me, right?

Song Wan rolled her eyes: If I hadn’t helped you recruit so many technical and management talents for a makeshift entrepreneurial team of college students, would Kunpeng Technology have achieved what it has today?
I deserve this 5% stake, okay?
If DJI did not exist, Song Wan would not be able to make such a statement with confidence.

She has indeed made a great contribution to the fact that we are now on an equal footing.

Shen Nanpeng saw the entire eye contact between the two.

"Is this satisfaction or dissatisfaction?" The bigwigs in the investment circle are very conflicted at the moment.

Fortunately, the eye contact only lasted for a moment.

"Mr. Shen, there is no point in valuing it now. Let's wait until after September."

Since he had already decided to raise funds, Luo Yang simply made it clear: "I wonder if Mr. Shen would be interested in discussing it at that time?"

"Assistant Zheng, please write this down for me and set aside time in September to discuss financing with Mr. Luo."

Shen Nanpeng didn't hesitate for a moment and directly instructed his assistant Zheng Zexuan to help him arrange the schedule for September.

"Okay, Mr. Shen."

Zheng Zexuan immediately agreed: "After the Berlin Air Show, before the end of the month, leave some time for maneuver."

After drinking tonight, Shen Nanpeng was extremely satisfied and had achieved what he wanted.

After instructing his assistant, he immediately raised his cup and said to Luo Yang: "Boss Luo, I hope we can cooperate again in the near future."

"I'll lend you some good words!"

"Ding!"

The crisp sound echoed in the box, and the atmosphere at the table became increasingly better.

The subsequent chat topic returned to tomorrow's launch ceremony.

Shen Nanpeng was in a good mood and even took the initiative to ask about the process of tomorrow's ceremony and discussed it with Xiao Wei.

The dinner ended around 8:30.

"I was in high spirits tonight, so I drank a little too much."

After the show, Shen Nanpeng and Luo Yang shook hands and said, "I have to attend an event tomorrow morning, so I'll go to bed early. I've made an appointment with a few friends to play golf tomorrow afternoon. Mr. Luo, are you interested in playing a few rounds?"

"I'm flying to Hong Kong with my fiancée and mother-in-law tomorrow afternoon. I can only wait for the next opportunity."

"Is Mr. Luo engaged?"

Shen Nanpeng knew Luo Yang's age and was very surprised to hear the news.

"Yes, my little green plum."

Luo Yang teased himself, then said with a smile: "Then I won't disturb Mr. Shen's rest."

"After tomorrow, I will also fly south."

Shen Nanpeng saw that Luo Yang didn't want to talk about his fiancée, so he changed the subject and said, "The next time I come to Shanghai, it might be around the end of May."

"Yangcheng or Pengcheng?"

"Let's go to Pengcheng first. Penguin has some business to discuss. Then we'll go to Yangcheng."

"."

The two chatted for a few minutes, said goodbye and left.

"Chairman, it's getting late. Vice President Xiao and I will leave first."

After returning to the hotel lobby, Song Wan saw that Luo Yang was accompanied by his secretary, so she offered to leave first.

"Well, go back and rest early."

Although he drank red wine, Luo Yang was about four to five parts drunk because of the large amount. Even with Sun Wei's support, his body was still staggering when he spoke.

"By the way, I'm flying to Guangzhou on Sunday afternoon."

Before leaving, Song Wan suddenly remembered something important and mentioned it a little more: "Try to sign the contract on Monday and acquire Liang Yuxin's company."

When Luo Yang suddenly heard the name Liang Yuxin again, he was in a trance.

I don’t even know when Song Wan and Xiao Wei left.

"Chairman, shall we take you back to the hotel near the headquarters?"

"Let's go back to the hotel. We need to change into formal clothes tomorrow morning."

Wen Wan bought a lot of clothes according to Luo Yang's request, some of which were placed in the lounge of the office, and some were sent to the long private room of the hotel.

The room now looks a bit like an office space, but also a bit like a place to stay.

"Chairman, the tea you requested."

After sending Luo Yang back to the hotel room, Sun Wei was busy for a while and only had time to catch her breath after making tea.

"Put it here."

"I'll tell the front desk to wake you up at seven tomorrow morning when I go down."

Sun Wei stood in front of the sofa and reported, "I will also be here on time at this time and accompany you to the Magic City University of Engineering and Technology. In addition, do you have anything else to tell me? If not, I will go back first."

"Did you learn anything at the banquet tonight?"

The strong tea was just brewed and it was too hot, so I could only light a cigarette first.

It's only a little after nine o'clock now and I can't fall asleep for a while.

Since I have nothing to do, I might as well train my secretary.

"Chairman, what do you mean?"

The scope given by Luo Yang was too broad, and Sun Wei didn't know where to start for a moment.

"I won't talk about Mr. Shen's assistant, Mr. Song, and Vice President Xiao."

Since you want to train, then go deeper.

"My chat with Mr. Shen can be roughly divided into four parts: Kunpeng Technology, the shared bicycle project, small talk about all sorts of things, and topic transitions."

Luo Yang clarified the scope: "Analyze Mr. Shen's attitude towards me and the project, and talk about what you learned from it."

"Mr. Shen is obsessed with Kunpeng Technology and is supportive of the shared bike project. The casual chat about all sorts of things shows how well you and Mr. Shen control the situation. The transitions and connections between topics reflect the emotional intelligence of you and Mr. Shen."

Sun Wei gave a concise summary.

"That's a good summary."

Luo Yang smiled and said, "Go on!"

“As for what I learned.”

Sun Wei smiled bitterly and said, "Chairman, I can't learn most of it, especially business insights and industry trend judgment. This includes the talents and experience accumulated by you and Mr. Shen. No matter how high my IQ is, I can't master it in a short time."

After saying this, she paused, lowered her head and thought for a moment.

"I gained two beneficial things from this dinner tonight."

Sun Wei could understand that her boss was training her, so she thought it through before replying, "First, I gained some knowledge. You and Mr. Shen are both big shots. If I were in a different environment, I wouldn't even have the chance to meet people, let alone sit at the table. This experience can open my eyes and make me no longer afraid of such big occasions in the future."

Although what she said was not very comprehensive, Luo Yang could understand what she meant.

To use a not-so-appropriate analogy: if you are used to playing mahjong with wins and losses of a few hundred, you would tremble all over when you suddenly step onto a table with hundreds of thousands of surfaces.

Commonly known as not being presentable!
“The second is packaging.”

Before Sun Wei said the second point, she observed Luo Yang's expression for a moment. Seeing that he was calm, she continued, "You and Mr. Shen are not just here to keep in touch. Drinking parties are often part of business negotiations. You both have your own goals. At the dinner tonight, you each packaged your own ideas, and used roundabout ways to test, express, and make half-truths. Anyway, until now, I am not sure what you two bosses really want to achieve."

Wow, this little girl is quite smart.

(End of this chapter)

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