Chapter 262 Super Factory



He wants to impress some top talents to work with him on new energy.

The most important thing is to make them feel that you are reliable.

Or in other words, you have a great chance of success. Only then does option stocks make sense.

After all, none of them can be cashed out within five years, even the mansion that Chen Pingsheng gave away is the same.

It will be officially transferred to their own name only after five years.

Yan Minghui and the other two took Chen Pingsheng's top-of-the-line Phantom to visit his Tengying Group.

Whether it is Sany Heavy Industry or Huawei, they are not comparable to the current Tencent.

Both companies have already achieved absolute leadership in their respective fields.

He also made indelible contributions to the industry, which is something that Tencent Film does not have at all.

All I can say is that he is still making progress.

Tengying Group is also a super large group with multiple industries, and this type of group spans many industries.

In a sense, the risk is much higher than that of a company that is rooted in a single industry.

The main reason is that it can't focus.

However, Tencent Film has developed very well, both in terms of its financial situation and operating conditions.

Both are very good.

Especially regarding the financial situation, the three of them must ensure that Chen Pingsheng can invest a huge amount of 20 billion yuan in the next five years.

This is critical, after all, it is the core factor affecting the success of new energy vehicles.

Only by being able to actually come up with a huge investment of 20 billion yuan can they ensure that they have the core qualifications to reach the final step in this race.

Not to mention that he personally owns five listed companies, Chen Pingsheng holds 100% stake in Tencent Commercial Management in Hong Kong alone.

The company now owns assets exceeding 23 billion.

In addition, the share price of Tencent Entertainment has once again reached around 30 billion, and Chen Pingsheng personally owns 60% of its shares.

Just adding these two items together, he has a super net worth of 40 billion.

Or the kind where you can withdraw money at any time.

Even if one is worth hundreds of billions, it is impossible to come up with more than 10 billion as easily as he does.

There is an interesting situation in China, where most people verify their personal wealth through stocks on the stock market.

Behind the stock is the company's market value, and there is a key factor in the company's market value that has not been examined.

That's corporate lending.

Especially in the real estate industry, none of the top ten companies in the country have hundreds of billions of yuan in loans.

Some are as high as trillions.

The true value of a company should be its assets minus all liabilities.

Only in this way can one use stocks to calculate personal wealth.

It is obvious that Chen Pingsheng's company has no operating debt, which also means that he has no operating risk at all.

It would be absolutely easy to come up with 20 billion in the next five years.

Even more, that's fine.

With this money, he can truly be considered a seed player in the new energy track.

All three of them agreed to join, but it will take some time, definitely not that soon.

After all, resigning takes time.

People always strive to achieve higher goals, once the conditions he set are met.

Who won’t have a billionaire net worth in the future?

Even though this number may not seem high, if you consider it as an average worker, how many people can earn that much money in their lifetime?

Another powerful player has been added to the new energy track. After Chen Pingsheng was sure that they would all join, he began to meet with local leaders in Shanghai.

It is officially preparing to invest 12 billion yuan in Shanghai to build a new energy super factory.

Undoubtedly, this is a huge investment.

Especially when funds flow into the new energy track that is key supported by the state, it is warmly welcomed by local people in Shanghai.

A special negotiation team was even set up.

Chen Pingsheng also set up one to let the locals know that he was really committed to doing this.

14.5 billion yuan of funds were directly injected into Tengfei New Energy Vehicle.

Setting up a company is a very simple matter. You have 10 billion to invest, and you don’t even have to worry about the production license for new energy vehicles.

The Magic City will come forward and help you get it easily.

The new energy track is full of truth and falsehood, and two hundred teams emerge every year to squeeze into this world-class hot project.

How many people, like playing football, use the name of playing ball to curry favor with local governments in order to obtain land or other resources.

No one can tell.

However, Chen Pingsheng applied for targeted investment of the 14.5 billion yuan.

In other words, this money can only flow into car manufacturing.

With a one-time investment of 14.5 billion yuan in the early stages, all of which is self-owned capital, it is undoubtedly a big player in the new energy sector.

No matter what, Shanghai wants to keep this project local.

Negotiations mainly revolve around several aspects.

One is land resources. He wants to spend 12 billion to build a super factory, so land resources are definitely indispensable.

This kind of land is usually donated by the local government, or can be used free of charge for a number of years.

After all, it is such a big project. Just think about how much tax revenue and jobs it can bring in the future, and you will know how significant it is.

Another point is how many years of tax exemption there are.

In the early stages of new energy vehicle manufacturing, there must be tax exemptions. At the same time, local governments will also provide a certain amount of bank loans.

To ensure that your project can proceed smoothly.

12 billion is just the money for building a super factory. There are also a series of other expenses such as purchasing components and research and development, new energy intelligent driving, etc.

Which doesn't require massive amounts of capital.

Especially since the automotive industry is a heavy industry, its technical threshold is not too high, but if you don’t have it.

That will inevitably be eliminated in the future.

It can be said that after Chen Pingsheng spent 12 billion to build the super factory, he will need at least 5 billion to guarantee it for the next year.

The project can still run normally.

In addition, he will spend at least 10 billion in the next three years to research how to build a good car.

All these aspects added together mean that he will have to actually spend more than 30 billion yuan in the next three years.

This is the only way to make this thing successful.

Anyway, Tong Zelan was confused by his operation. How could he spend more than 10 billion to build a factory right away?

Can you guarantee that the car you make will sell well?

The car is out, what if it can't be sold.

Then this factory will be completely ruined.

Moreover, in such a risky industry as new energy vehicles, he didn't even come to me for investment to share the risk.

Either he is really full of confidence, or he just wants to do things his own way.

After all, if you take money from the capital market, I guess no investor would agree to let you build your own factory from the beginning.

The risks here are simply too high.

It's even so high that it's unimaginable.

There is no such thing as an outsider who comes in and says he wants to build a super factory.

It will take at least one month from negotiation to implementation of a super factory.

This also gave him enough time to build a production team for the super factory.

All I can say is that there is still a long way to go.

He still has a lot to do.

(End of this chapter)

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