I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Kirin Battery Factory, inside Lau Ching-Wan’s office.

Deputy Mayor Ren of Songjiang City, Director Zhou of the State-owned Assets Supervision and Administration Commission, President Min of the Jiangnan branch of China Construction Bank, Qu Hui, senior vice president of Tencent Group, and Jiang Hao and others gathered together.

After everyone sat down together, there was no formality.

Let’s get straight to business, the financing of the Kirin Battery Factory.

Yesterday, Qu Hui, who is in charge of Totoro Technology, signed the transfer contract.

Haijing acquired all shares of Totoro Technology at a price of 35 billion euros.

The first batch of funds will be 20 billion euros, and the remaining 15 billion euros will be transferred within three months.

This made Jiang Hao feel very good. When he started his business, he never had 100% of the shares of Totoro.

Now, after going around in circles, the Totoro is back in his hands.

At the same time, he also holds all the shares, of course, these shares are actually under the name of Haijing Technology.

The news has not been disclosed yet, even the current Tencent executives of Totoro are still unaware of the news.

The specific decision of staying or leaving will have to be discussed by Jiang Hao and Mr. Ma.

Of course, before that, the financing of the Kirin Battery Factory must be finalized.

As a state-owned mixed-ownership enterprise, financing is quite troublesome.

Especially since the establishment of Kirin Battery, it has relied entirely on the support of Songjiang City and the Jiangnan Provincial Party Committee.

President Min of China Construction Bank, the largest creditor of Kirin Battery, came here specially for this financing matter.

"Mr. Qu, the general situation of Kirin Battery is in the report. Please take your time to read it."

"If you have any questions about Kirin Battery's fixed assets, including production, you can ask them now. Mr. Liu and I will try our best to answer your questions."

After Jiang Hao's contact, the provincial and municipal party committees were willing to allow Kirin Battery to raise external financing, especially to allow Tencent Group to invest in it.

This saved Jiang Hao a lot of trouble, and he was also surprised by Tencent's influence in China.

At least for Kirin Battery's current development, it is actually in the harvest stage rather than the initial hardship stage.

The provincial party committee was willing to agree, although partly because of the pressure of development so far and not wanting the provincial banks to continue to bear the lion's share, but the most important thing was that it was a goodwill gesture to Tencent.

Whether Tencent will increase its investment in Jiangnan Province in the future is not something Jiang Hao can consider.

His final job now is to finalize this financing.

"Mr. Jiang, I have no doubts about the development of Kirin Battery, including the value of fixed assets in the report."

"But I didn't expect Kirin Battery to develop so well! The number of orders in a year, including the production status, was somewhat beyond my expectations!"

Qu Huiguang found it incredible when he saw that the order schedule was already full until next year.

In particular, this schedule takes into account a major expansion of production capacity before the end of the year.

He had not known much about the current status of power batteries before, but now he finds that the development of Kirin batteries is far better than he imagined!

No wonder someone in the group proposed to invest in Kirin Battery, including President Ma, who repeatedly reminded him of this financing project.

"Haha! Mr. Qu, I really think this is a compliment to our Kirin Battery."

"Since you have no objection to the company's development data, why don't we talk about the price directly?"

...

"Wait! Mr. Jiang, please give me a few minutes."

"I'll call Mr. Ma, otherwise I'm afraid the funding authority originally given by the group is not enough to finance Kirin Battery."

Qu Hui carefully read the development data in the report.

Kirin Battery has never made these data public, and only reports them regularly to the provincial and municipal party committees.

After all, it is still an automotive supply chain company that serves car companies rather than the general public, so many things will be much easier.

Mr. Qu’s unexpected development of Kirin Battery also interrupted the financing process.

Under the gaze of everyone, he left the office and went to the small meeting room outside to report to General Manager Ma alone.

Even he thought the funding bottom line given by the original group was too low.

The estimate for Kirin Battery is really too inaccurate. If the price is this, it is estimated that financing will not be negotiated.

About ten minutes later, several people in the office were drinking tea and chatting about the progress of expanding the new workshop.

Qu Hui walked in again with a smile on his face, and nodded to Jiang Hao and several others as soon as he entered the door.

Everyone's faces were smiling even more at this moment, not only because Kirin Battery was recognized and valued, but also because they knew they could get a good price for the financing.

"Mr. Qu, can I give you an estimate first?"

Jiang Hao brought up the topic first, and the specific financing matters were still decided by him as the representative.

"The fixed investment here at the factory, including the land value and the company's cash flow, is it okay for me to calculate it at 5 billion?"

Kirin Battery's fixed construction investment in its factory, including equipment investment, has exceeded 30 billion.

Of course, this is only fixed investment, and the land value also needs to be taken into account.

Jiang Hao had originally had some luck negotiating with the municipal and provincial party committees about these lands, as the enterprise was founded to save the market at the time, so the value of the lands was never calculated.

But now the land price of the large piece of land originally approved has to be calculated.

With the current extremely high land prices in Songjiang City, even if the Qilin Battery Factory holds industrial land, the price will still rise.

The current developed land area is only 300 acres, but the actual total land approved that year was 2000 acres.

Currently, industrial land costs one million yuan per acre, and Jiang Hao definitely did not ask for a high price.

Qu Hui nodded immediately after hearing this. He naturally agreed with this and there was nothing to dispute.

"The following is the valuation of R&D costs and technology patents. I think it's no problem to be worth 200 billion. What do you think, Mr. Qu?"

As soon as Jiang Hao said this, Vice President Qu couldn't help but hold his forehead with his hand and began to wipe the sweat off his face.

"There is also the brand value, the company's current share in the industry, including profitability."

"I think the overall valuation is about 500 billion RMB, I won't say it's too high."

At this moment, not to mention Vice President Qu sitting opposite, even Uncle Ren, Director Zhou and President Min on the side all glanced at him in tacit understanding.

Of course, they all looked very calm. Jiang Hao was representing them in negotiating the price, so it was naturally impossible for them to reveal their bottom line.

But no one was calm inside, especially Uncle Ren, who had known Jiang Hao for many years.

Although he knew that Jiang Hao was very capable in business, this was the first time he saw Jiang Hao actually talk about business with an outsider.

You really dare to offer such a price!

Fifty billion RMB is just a drop of the bucket!

You know, this is real industry!

Even though their battery technology is indeed better than that of other products on the market, they are not the only ones to have the technology for real power batteries.

There is a Ningde Battery company next door. Although its performance is slightly inferior, its cost is lower than theirs.

For this offer, the three of them gave Jiang Hao a thumbs up in their hearts.