Rebirth My boss is too rich!
Chapter 087
“BYD Battery Co., Ltd. was established in February 1995. The founder of the company, Wang Chuanfu, was previously a master’s degree from the Imperial Ferrous Metals Research Institute and has been committed to the research and development of batteries!”
“At the age of 26, he was promoted to director of 301 under exceptional circumstances!”
“At that time, the institute established a battery company in Shenzhen and was appointed as the general manager at the age of 28!”
“Later, he founded BYD with his cousin. In the first year, he won the battery supplier of Daba, the largest cordless phone manufacturer in Taiwan. With its excellent quality, Daba boss handed over all orders from Sanyo in the island country. he!”
“Last year, BYD’s battery sales exceeded 100 million yuan, but due to a large investment in research and development, it suffered a loss of 10 million yuan!”
“……”
“Affected by the financial crisis, global battery product prices plummeted by 20%-40%, and Japanese battery manufacturers suffered serious losses. This year, BYD used its low-cost advantage to obtain battery orders from Philips, Panasonic, Sony and even General Motors!”
“……”
Chen Ran has obviously done a lot of homework
The first company she was optimistic about that was worthy of investment was BYD, which had just become a star company in Shenzhen.
She almost completely told Su Zhe the history of BYD’s fortune. Although Su Zhe knew many of her experiences, Chen Ran was able to find this information, which was enough to show her seriousness and commitment to this company. The company is optimistic
However, it is actually a bit difficult for BYD to accept Su Zhe’s investment.
Because its current sales have exceeded 100 million, and it has become the well-deserved leader of nickel-cadmium batteries in the world, occupying nearly 40% of the global market share, everyone can see the potential of this company.
“To invest in such a company, the funds and difficulty are very high!”
Su Zhe expressed his worries
Chen Ran smiled and looked very confident and said:”Boss, we definitely have no chance with BYD’s nickel-cadmium batteries, but this kind of battery is very polluting, and the whole world is abandoning it, trying to find a new battery to replace it.””
“The industry now looks down upon this company!”
“Moreover, the island country has developed lithium batteries, which are hailed as the mainstream of the future. BYD has just established a lithium battery research and development company and a central research institute. I checked and found that BYD is in urgent need of funds now!”
“I even just asked the bank for a loan of 200 million yuan!”
“Boss, you gave me this business list. You are obviously optimistic about this company, so I think now is the best time to invest!”
Chen Ran’s entry point is actually very strange. He looked at BYD’s research and development of lithium batteries based on Su Zhe’s work.
In fact, today’s lithium batteries are dominated by islanders. Domestic colleagues do not believe that BYD can make it, let alone foreign countries.
When Wang Chuanfu attended the World Battery Conference last year and said that BYD wanted to make lithium batteries, he was even ridiculed by everyone in the industry. After all, everyone knows that only people from island countries have the strength to produce and develop lithium batteries.
Chinese battery technology?
In 1999, it had no international recognition at all, let alone high-tech products such as lithium batteries.
But Wang Chuanfu was a person who did not believe in evil. He resolutely invested all the money he earned into the lithium battery factory. He even asked the state for a loan of 200 million, and invested the entire company.
It’s enough to see his determination
After all, the world of nickel-cadmium batteries h
as left. If the company can take further steps, it can only rely on lithium battery technology.
The final outcome, of course, is that BYD succeeds, and even… in the future, it will become one of the most powerful battery giants in the world!
Not only mobile phone batteries, but also electric vehicle batteries, it ranks first in the industry. It has even established BYD Auto, which ranks first in the field of electric vehicles.
But no one in the world knows this, except Su Zhe
BYD is currently a battery factory with an annual output value of 100 million. Although it is very powerful, it is still in its infancy compared with the future BYD Group.
Recently, all the wealth accumulated before, including a loan of 200 million, was poured into the lithium battery factory, showing great courage to burn everything.
But a group of peers are like a clown, no one is optimistic about BYD’s future, so…who would invest in such a crazy manufacturer?
Otherwise, Wang Chuanfu would not be reduced to asking the bank to borrow money. There is really no other way.
Just like Xiao Ma selling Penguins, they are at the end of their rope; Wang Chuanfu still has a factory that can be mortgaged to the bank, but Ma Huateng’s Penguin Company has no bank loans at all.
So the two are actually in similar situations
This is the opportunity Chen Ran said
Indeed, this is the best opportunity to invest in BYD. If you miss this period, if you want to invest in BYD again, you can only wait until 2008 like the stock god Buffett.
One of the most talked-about things about BYD is that”Stock God” Buffett has invested in it as a strategic investor.
In 2008, Buffett subscribed for 10% of BYD’s shares for HK$1.8 billion.
At the 2009 Buffett Shareholders Meeting, Buffett called Wang Chuanfu a”real star.””
With Buffett’s favor, BYD’s share price has also soared, from about HK$8 when he bought the shares to the closing price of HK$61.85 on September 28, 2009.
The brilliant upward curve made Buffett make a lot of money, and finally made Wang Chuanfu the richest man in China.
BYD has not yet been listed on the market, and its assets are estimated to be 200 million. Su Zhe definitely has a chance to enter the market.
“However, the more than 100 million funds in the stock market… are simply not enough!”
Su Zhe sighed. He knew that investing in crude oil futures would be on the agenda.
Otherwise, we wouldn’t even have the money to invest in BYD.
“Chen Ran, please contact BYD first to discuss investment matters. I am in Shencheng now. If the other party has the intention to invest, I can rush there immediately!”
“Um?”
Chen Ran on the other end of the phone was stunned when he heard Su Zhe’s words:”Boss, what do you mean?”
“Yes, congratulations, you are the first company to invest in. You have made a good choice!”
“Come on, if you get it done, I’ll give you an additional bonus of 10,000 yuan!”
Su Zhe’s words were like a tonic, making Chen Ran feel a little elated.
Unexpectedly, the boss of the first company I chose to invest in actually agreed?
So simple?
“yes!”
She suddenly jumped up from the office, and then she was dancing and shouting ahhhhhhh
Fortunately, she is the only one in the whole company, otherwise she would definitely be regarded as a psychopath.
In fact, Chen Ran was really happy
This was the first time in her life that she felt so satisfied
She didn’t expect that she would get such recognition from her boss on her first day at work… She even had an intuition that the current job might be the best one for her.
She saw the value of life and the meaning of work!
“Boss, thank you!”
Chen Ran spoke loudly to the office, tears welling up in his eyes, but Su Zhe… couldn’t hear these words.
He has begun to study futures overnight
Because… I’m going to run out of money!
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