April 13th.
Li Ze booked a private room at the Shanghai Hotel to welcome Wang Chuanfu, the CEO of Biadi.
"President Wang, nice to meet you!"
Li Ze stood up and greeted Wang Chuanfu with a smile.
Wang Chuanfu looked at Li Ze and quickly stepped forward to shake his hand." Director Li, I've heard a lot about you. I finally get to meet you today."”
"Haha."
Li Ze smiled and said," Come, President Wang, please sit. Let's talk while eating."”
"Alright, then I'll do as you say.”
Wang Chuanfu chuckled and sat down.
There were only the two of them in this meeting, and no one else was brought along.
Li Ze immediately ordered the waiter to serve the dishes.
Not long after, the dishes and wine were served one by one.
The two of them chatted for a while as they ate.
After three rounds of wine, Wang Chuanfu finally took the initiative to ask,"President Li, I wonder what's the reason for your special appointment this time?”
Seeing that Wang Chuanfu was asking about serious matters, Li Ze couldn't help but put down the chopsticks in his hand. He looked at Wang Chuanfu and said,"CEO Wang, you also know that Fengchi Electric Vehicle is a company under my name. All along, I have been working very happily with Biadi.”
"I specially invited you to meet this time mainly to ask CEO Wang if our cooperation can be deeper?”
Wang Chuanfu was stunned. He looked at Li Ze in surprise and asked,""I wonder what kind of in-depth cooperation CEO Li is referring to?”
Li Ze smiled and said,"For example, is CEO Wang interested in adding another shareholder to Biadi?"”
Li Zeke still remembered hearing some information about Biadi's future from his son's heart. He knew that Biadi would become one of the well-known electric vehicle companies in the country in the future.
The market value was also in the hundreds of billions, so he was thinking about whether he could invest in the other party.
In this way, he no longer had to consider letting Fengchi Electric Vehicle Company start from scratch to develop battery technology.
After he became a shareholder of Biadi, he could continue to use Biadi's batteries when the Fengchi electric car was going to become an electric car in the future.
He did not have to worry about being controlled by others.
Wang Chuanfu was stunned when he heard that Li Ze had the intention to invest in Biati. He then fell into deep thought.
Li Ze saw him pondering and smiled again. He said,"CEO Wang, have you considered entering the auto industry in the future?”
Li Ze had once learned from his son that Biadi would be a well-known car manufacturer in the country in the future, but he did not know exactly when Biadi entered the car industry.
At this moment, he wanted to probe.
Hearing this, Wang Chuanfu was obviously surprised. He looked up at Li Ze and said strangely,"Could it be that CEO Li heard some news from somewhere?”
Hmm?
This time, it was Li Ze's turn to be stunned.
What Wang Chuanfu meant was that he had already considered entering the auto industry.
"Could it be that CEO Wang already has plans to enter the auto industry?" Li Ze asked.”
" I didn't hear anything from anyone," Li Ze said." It's just that I have my own plans to let Fengchi Electric Vehicle Company enter the field of car R D and manufacturing."”
"However, what I plan to do is not the current mainstream fuel cars, but the electric car industry.”
"Electric car?"
Wang Chuanfu was even more surprised.
This was because while he was considering getting involved in the auto industry, he had also considered whether he should try to make electric cars so that he could overtake others in the auto industry.
After all, the current fuel vehicle industry was dominated by well-known foreign manufacturers. The other party's technological lead was too great.
If Biati really entered the auto industry, it would be almost impossible for her to catch up with those well-known foreign manufacturers in the fuel car field.
Therefore, he also considered making electric cars.
However, due to the limited battery technology, it was not enough to provide the power needed for the car, so this was only a rough idea in his mind.
He did not plan to implement it in the short term.
Another thing was that although Biadi had become one of the world's largest battery manufacturers, the auto industry was an industry that required a lot of money.
Biadi's current financial situation was quite stressful.
Moreover, to produce cars, he had to find a way to get a car license plate. These were all difficult problems for Wang Chuanfu…
"President Li, I have to say that your thoughts are the same as mine.”
"Since last year, the domestic auto market has begun to develop rapidly. I've also considered getting involved in the auto industry. I've also thought about making electric cars to rely on new technology to overtake those well-known foreign car manufacturers.”
"However, to be honest, even with our current battery technology, we are still far from being able to meet the power needed for electric vehicles.”
Wang Chuanfu did not beat around the bush with Li Ze and spoke bluntly.
Li Ze nodded slightly and then smiled."Actually, I think there's a lot to be done in the electric vehicle field in the future. As for fuel cars... To be honest, with the current level of technology in China, it was too difficult to catch up with the well-known foreign car manufacturers that had accumulated technology for hundreds of years.”
"Only by developing new technology can it be possible to achieve the overtaking that you mentioned!”
Wang Chuanfu nodded in agreement.
" Of course," Li Ze continued," just as CEO Wang said, the current battery technology may not be enough to support the power needed for electric vehicles."”
"However, technology is always evolving. Not being able to do it now didn't mean that it wouldn't work in the future.”
"And I personally think very highly of the company, and I think more highly of you, CEO Wang. From what I know, Biati has been investing a lot of money in research and development over the years.”
"I believe that a company that is willing to invest a lot of money in technology will have a bright future. However, this requires time to accumulate…"
"That's why I specially asked CEO Wang to meet this time. I hope to deepen our cooperation and invest in Biadi.”
Hearing Li Ze's words, Wang Chuanfu couldn't help but say,""President Li, you're too kind. To be honest, I was very surprised when I suddenly received your invitation.”
" After all, you're the new second richest man in the country…"
At this point, Wang Chuanfu smiled. This sentence clearly had some elements of a joke.
Li Ze also smiled.
"Since you're so honest with me today, I'll be frank with you." Wang Chuanfu continued. I've been considering entering the field of car research and development recently.”
"We've even started to do some preliminary investigations. Currently, he was considering acquiring an existing car manufacturer to obtain a production license.”
"Moreover, the next car development and production will require a lot of money.”
"However, our company is preparing to be listed in Xiangjiang City in the middle of the year. President Li, if you want to invest in our company at this time, I have to discuss it with the shareholders.”
"Of course, I personally welcome shareholders like you who have the same thoughts as me.”
At this point, Wang Chuanfu paused and smiled bitterly."To be honest with you, President Li, I've actually mentioned the idea of entering the auto industry to the other shareholders of the company.”
"However, the shareholders unanimously opposed it. Considering that the company is preparing to go public, it's not good for me to act arbitrarily at this time.”
"I plan to enter the auto industry after the company goes public…"
Hearing Wang Chuanfu's words, Li Ze couldn't help but smile.""CEO Wang, since you're already determined to enter the auto industry, why wait until after you go public?”
"This will only slow down Biadi's development in the car industry and waste time.”
"If the other shareholders object, how about this? You can help me contact those shareholders who object and see if they are willing to sell their shares.”
"Also, I will fully support CEO Wang's decision to enter the auto industry. What do you think?”
Wang Chuanfu was tempted.
He was really optimistic about the future of the car market and was determined to let Biati enter this field. It was only because of the constraints of other shareholders, and because Biadi was preparing to go public.
Therefore, he could only hold back for the time being and prepare to implement his plan after the company went public.
However, if Li Ze could take over the shares of the opposing shareholders and fully support him... then there was no need for Biadi to wait until after the listing to consider entering the auto industry.
Although this sudden announcement of entering the auto industry might have a certain impact on the market value of Biadi's listing in Xiangjiang City.
But Wang Chuanfu didn't care too much.
The main reason for Biadi's listing in Xiangjiang was to satisfy the demands of shareholders and to raise funds to meet the future development of Biadi.
However, Wang Chuanfu also thought of another aspect.
Who was Li Ze?
If it was last year, then he was undoubtedly a nameless person, and not many people knew him.
However, things were different now.
Li Ze was now the second richest man in the country. If he could invest in Biadi, it would probably have a positive impact on Biadi's listing in Xiangjiang.
After all, Xiangjiang City didn't pay much attention to the situation in the mainland.
However, just the title of the second richest man in the mainland was enough to scare many people and increase the confidence of the shareholders and other investment institutions.
At that time, even if Biadi's sudden announcement of entering the auto industry would have some negative impact on the listing in Xiangjiang, the news of Li Ze's investment might offset it.
As he thought about this, Wang Chuanfu finally made a decision.
He looked up at Li Ze and sighed."Alright! President Li, I'll contact the other shareholders on your behalf after I go back and ask if they are willing to transfer their shares!”
Hearing this, Li Ze smiled and said,""Good! I hope everything will go smoothly. I'm looking forward to investing in Biadi.”
"Then I'll also thank you for thinking so highly of our Biadi, Director Li." Wang Chuanfu chuckled. I also hope to bring in a shareholder like you, President Li. That way, I'll be less constrained and hindered.”
Following that, Li Ze and Wang Chuanfu talked about the future development of Biadi and some matters in the auto industry.
What Li Ze said, apart from his own views on the development of this industry, was also based on some of the views he learned from his son's thoughts about the future.
Although it was just a casual conversation, Wang Chuanfu felt that Li Ze was his confidant.
Because many of Li Ze's views and opinions coincided with his, and some aspects even inspired him greatly.
In addition, Li Ze's status as the country's second-richest man also strengthened Wang Chuanfu's desire to quickly enter the auto industry and develop electric vehicles in the future.
The two of them ate for more than two hours before they left.
Before he left, Wang Chuanfu promised Li Ze that he would contact the shareholders who opposed his entry into the auto industry as soon as possible and give him an answer.
After saying goodbye to Wang Chuanfu, Li Ze got into his car.
" Xiaomu, drive me back first, then drive my car back directly. Remember to drive me back to the office tomorrow morning.”
Li Ze sat in the back seat and instructed Mu Qinglan.
Previously, only the two of them were present at the dinner with Wang Chuanfu, but Mu Qinglan had been waiting outside.
Because he was drunk, Li Ze couldn't drive himself, so he asked Mu Qinglan to drive for him.
"Alright, President Li!"
Mu Qinglan, who was in front, hurriedly responded.
Li Ze hummed lightly and said,""Tell the human resources department to hire a full-time driver for me in the next two days.”
"There's no chauffeur here. Sometimes, it's not convenient for me to go out and socialize.”
" Alright," Mu Qinglan quickly replied." I'll talk to the human resources department tomorrow and ask them to hire a driver as soon as possible."”
"President Li, do you have any specific requirements for the driver?" Mu Qinglan asked after a pause. I suggest that you find a retired soldier or something.”
"This way, not only can I be your driver, but I can also be your bodyguard.”
Li Ze thought about it and agreed.
So he said,"Alright, then we'll do as you say. We'll hire a veteran who's experienced in driving as a driver."”
"Good!"
Mu Qinglan responded and immediately started the car to send Li Ze home.
Meanwhile, Li Ze sat in the car with the window down. He was in a good mood. Judging from Wang Chuanfu's reaction and answer, he should have a good chance of investing in Biadi this time.
It would depend on how many shares he could get…
Three days later.
Li Ze received a call from Wang Chuanfu. He said that he had already talked to a few equity funds and that they were willing to discuss the transfer of the shares of Biadi.
He asked Li Ze to make an appointment to talk to them in detail.
When Li Ze heard this, he was overjoyed.
He quickly replied to Wang Chuanfu and asked him to tell the funds to contact Zerun Investment Company directly.
To be specific, Li Ze would ask Yu Bo of Zerun Investment Company to negotiate with the other party.
Wang Chuanfu agreed.
However, he then proposed the idea of having Biadi and Fengchi Electric Vehicle Company exchange shares and cross-share ownership.
Li Ze thought about it and did not refuse. He immediately agreed.
However, both parties had to send someone to discuss the details of how to exchange the shares.
In Li Ze's opinion, the reason why Wang Chuanfu wanted Biadi and Fengchi Electric Vehicle Company to carry out equity swap and cross-ownership was also to deepen the cooperation and interests of the two companies.
This was not bad for Li Ze.
In this way, if Fengchi Electric Vehicle Company wanted to develop its own electric vehicle in the future, it would not be restricted by the battery because of the competitive relationship with Biadi.
The market was so big that it was not something that one or two companies could completely swallow.
Both parties held shares in each other. In addition, Li Ze would be the absolute controlling shareholder of Fengchi electric vehicles and also a shareholder of Biadi. If anything happened, both parties could easily coordinate.
Li Ze did not intend to keep all the shares of the subsidiary companies.
In order to develop, it was necessary to bring in other investors and partners. For him, it was enough as long as he firmly held onto all the shares of Zerun Holding Group and Zerun Investment Company.
The shares of the other subsidiary companies could be sold at any time. It was fine as long as they could maintain complete control over these subsidiary companies.
After Li Ze and Wang Chuanfu reached an agreement on the equity swap between the two companies, the rest was up to the people below, who were the general manager of Fengchi Electric Cars, Song Ming, to discuss the details.
Li Ze didn't need to personally discuss these details.
Including the acquisition of the shares of the other shareholders of Biadi, Li Ze had also given full authority to the executive vice president of Zerun Investment, Yu Bo…
The two negotiations lasted for nearly half a month. After several rounds of tug-of-war, the agreement was finally signed.
In the end, Fengchi Electric Vehicle Company and Biadi exchanged shares at a ratio of 1: 1.3.
Fengchi Electric Vehicle Company sold 5% of its shares and obtained 6.5% of Biadi's shares.
In addition, Zerun Investment finally bought 17.1% of the shares held by several investment institutions for 223 million yuan.
In fact, Zerun Investment was able to negotiate with the investment institutions that held Biadi shares so smoothly because Wang Chuanfu had clearly stated to them that Biadi would definitely enter the auto industry.
Those investment institutions were not optimistic about Biadi entering the auto industry at all, nor did they want Biadi to enter this new field.
Therefore, since they couldn't change Wang Chuanfu's mind, they naturally didn't hold on for too long since someone was willing to take over their shares.
Seeing that the price was almost up, he decisively agreed to the share transfer.
In fact, after Biadi was listed in Xiangjiang, Wang Chuanfu announced that Biadi would acquire Chang 'an Qinling Car Company and enter the auto industry. After that, Biadi's valuation plummeted.
It was also 'washed' by the fund. A few investment funds that held Biadi's shares even sold their shares.
After the two negotiation agreements were signed.
Zerun Technology held 17.1% of Biadi's shares. In addition, Fengchi Electric Vehicle Company also held 6.5% of Biadi's shares.
Therefore, Li Ze actually held 23.275% of Biadi's shares.
Of course, in turn, Biadi also held 5% of the shares of Fengchi Electric Vehicle Company.
This book comes from：m.funovel.com。