Rebirth 2008: I Can Make Money Reading

The new lithium battery company is called Xinghai New Energy Technology Company, referred to as "Xingdian", which belongs to the holding subsidiary of Xinghai Group.

Xinghai Group holds 15% of the shares with technology, plus the battery factory currently under construction, and an additional 5.9 billion yuan in capital, accounting for a total of 76% of the shares;

Xinghai Investment Co., Ltd.'s shares in lithium mineral resources are worth 1 billion yuan, with an additional capital increase of 2 billion yuan, accounting for a total of 23% of the shares.

Leave 1% of the shares for Zeng Qun, Huang Lin, Li Ping and others to invest.

The original Ningde Times was merged into Xinghai New Energy Technology Company, and Ningde Times Company no longer exists.

Ningde Times Company was merged into the new company by Xinghai Group at a premium valuation of 75 million yuan. Zeng Qun, Huang Lin and Li Ping needed to increase their capital by another 25 million yuan, equivalent to 100 million yuan. Get 1% of the new company's shares.

Not enough money, Mu Yang borrowed money to advance.

Zeng Qun holds 0.6% of the new company's shares, Huang Lin holds 0.25%, and Li Ping holds 0.15%, a total of 1% of the new company's shares.

According to such investment ratio, the actual market value of start-up companies is 11.76 billion yuan.

In fact, this ternary lithium battery technology is not only worth 1.76 billion yuan, and it is not a problem to sell it to other companies for several billion yuan.

Therefore, the three of Zeng Qun got 1% of the shares for 100 million yuan, which has actually taken a lot of advantage.

Moreover, no matter how they raise funds in the future, this 1% stake will not be diluted, which is very important to them.

Zeng Qun's annual salary is 3 million, while Huang Lin and Li Ping's annual salary is 1.5 million.

Mu Yang and the three made a bet that as long as the company's market value reaches 200 billion yuan and the annual profit exceeds 5 billion yuan, Mu Yang will reward the three with a total of 0.5% of the shares, and take out 0.15% of the shares to reward other core members;

The company's market value reaches 500 billion yuan, and at the same time, the annual profit reaches 10 billion yuan, and the three people will be rewarded with a total of 0.5% of the shares, and 0.15% of the shares will be used to reward other core members;

When the company's market value reaches 1 trillion yuan and its annual profit reaches 20 billion yuan, it will reward 1% of its shares and 0.2% of its shares to reward other core members.

At the end of each year, the company rewards its employees with 1.5% of its profits. The three partners receive no more than 0.5% of year-end dividends. After deducting their shares, they actually receive 99% of the 0.5% year-end dividend.

Motivation comes only when there are ladder goals, which is equivalent to Muyang’s 2.5% share incentive, of which 2% is given to the three partners.

Is 2.5% too much?

According to the size of the new company, it is already a lot.

If Mu Yang just gave money, not technology, and allowed Zeng Qun and others to develop, 2.5% is of course less, and 5% is not too much.

Therefore, how much to give depends on how much contribution the subordinates make.

In addition to the new company, Mu Yang also plans to experiment with Xinghai Investment Company, Xinghai Food Company and Cultural Tourism Company and give them incentive goals.

He didn't give it at first, because there were various considerations, mainly because Mu Yang still had the energy to manage these companies.

Now Mu Yang has started to let go. If these responsible persons do not have stock incentives, their enthusiasm will decline. They feel that they are working for Mu Yang. If they feel unbalanced, they will start a new one and do it alone. There are too many such things.

The new company here,

Zeng Qun is the president of the new company, Huang Lin and Li Ping are the vice presidents, and the vice president in charge of finance is dispatched from Xinghai Group to oversee the financial revenue and expenditure. The headquarters of Xinghai Group is not in charge of personnel. In terms of personnel affairs, it can be said that there is a lot of decentralization.

As the actual controller, Muyang exercises the right to supervise and manage major matters of its holding subsidiaries, and enjoys the right to invest in investment enterprises and make decisions on major matters in accordance with the law.

To put it simply, Mu** has a veto right, but he is only in charge of the general direction, and will not intervene in general matters. Like Xinghai Investment Company, Yang Nian is fully responsible.

Another difference is that the Xinghai Group's ternary lithium battery research and development team has not been merged into the new company. It still belongs to the group company and will send people to the factory. The new company is not responsible for the technology research and development of lithium batteries.

Xinghai Group is responsible for the technical research and development and subsequent optimization of ternary lithium batteries. That is to say, if Xingdian is listed, but the actual technology is still controlled by Xinghai Group, it does not mean that Xinghai Group can mess around.

For example, Xinghai Group has developed a more advanced ternary lithium battery, and it is okay to start a new energy vehicle battery company? Is it okay to authorize it to other companies?

Of course not!

As long as lithium batteries are still used in the automotive industry, there is a conflict of interest with Xingdian, and investment fraud has been formed, then it will not work.

However, Xinghai Group has developed more advanced non-lithium batteries, such as nuclear fusion batteries, and it is no problem to start the furnace separately.

In other words, it is no problem to apply the current ternary lithium battery to aviation and start the furnace separately.

Therefore, Xinghai Group's ternary lithium battery technology is not only worth the 15% Xingdian shares.

If one day, Muyang sells Xingdian, although Xinghai Group can no longer use lithium batteries in new energy vehicles, it can develop other batteries for new energy vehicles, such as hydrogen batteries.

This kind of cross-holding will save a lot of trouble after financing in the future.

Xingdian purchases the production line of ternary lithium batteries from Xinghai Group, and also purchases them at market prices.

Xingdian can use the resources of Xinghai Group and Xinghai Investment Company and pay the corresponding fees. The main job of Zeng Qun's team is to expand production capacity indefinitely, and is responsible for production, quality and sales.

The last day of the show,

Mu Yang came to the auto show and walked around at random. The audience was much smaller, but there were still many audiences in his company's exhibition area.

These six or seven days of registration have gathered customers who are interested in buying Hummer EV. The number of registrations exceeds 2,000. It seems that the number is not large, but this is just an auto show.

However, Mu Yang still wants to wait for the global pre-sale of the Hummer EV before deciding whether to start production in China.

Towards the end, Xinghai Group held a media conference, announcing that Xinghai New Energy Technology Co., Ltd., a holding subsidiary of Xinghai Group, has accepted the global order for ternary lithium batteries.

Xinghai New Energy Technology Co., Ltd. plans to build a ternary lithium battery processing plant in Ningde, with an annual production capacity of 20GWh, which can meet the battery supply of 300,000 new energy vehicles.

The Ningde era was merged, and of course BMW Huachen benefited the most. It can directly buy finished products. Of course, the price will be discussed separately.

The domestic ex-factory price of Xingdian’s ternary lithium battery is 1,500 yuan/kWh, and the export price is based on 1,500 yuan/kWh with additional costs.

This price must be very high. If it is a few years later, the cost per kilowatt-hour of a ternary lithium battery may not exceed one thousand yuan.

But now the Xinghai Group has a monopoly and advanced technology.

The cost of batteries is so high that for an electric vehicle with 60 kilowatt-hours of electricity, the battery cost is 90,000 yuan. If the cost of the battery pack does not exceed 50%, the overall cost of an electric vehicle will be at least 180,000 yuan, and the manufacturer's guide price will reach 210,000 yuan. More than yuan will do.

If it's the price of the car, it's hard to sell.

The state has subsidies for new energy vehicle companies. For new energy vehicles that meet the supporting conditions, before 2013, a subsidy of 3,000 yuan/kWh will be given, or a maximum subsidy of 60,000 yuan/unit for pure electric passenger vehicles.

After the plug-in hybrid and pure electric passenger vehicles sold by each company reach 50,000 units respectively, the state finance will appropriately reduce the subsidy standard.

There are also various conditions. For example, the requirements before 2013 are: provide a warranty of not less than 5 years or 100,000 kilometers for key components such as power batteries, and promise to recycle the entire vehicle and power batteries at a certain depreciation rate; The energy of the power battery pack is not less than 15 kWh, etc.

The subsidy of 3,000 yuan per kilowatt-hour is very strong, but the maximum subsidy for pure electric vehicles is 60,000 yuan per vehicle.

For a battery pack with 60 kilowatt-hours of electricity, the actual subsidy is 60,000 yuan, not 180,000 yuan.

This subsidy is indeed for car companies.

However, automobile manufacturers must sell new energy vehicles to private users at prices after deducting subsidies.

What does that mean?

For example, the original manufacturer's guide price is 210,000 yuan, but the actual price sold to the customer is 21-6 = 150,000 yuan!

Instead of taking 210,000 yuan from customers, you can still earn 60,000 yuan in subsidies from the state!

it's out of the question!

The ultimate goal of the country is still consumers, so that consumers can benefit.

There are many detailed rules for the actual amount of subsidy, and each time period is different. It was rough before 2013, and it is different after 2013, even every year. There are strict requirements for cruising range and battery energy density. , Those car companies with backward technology will be eliminated.

Of course, the car companies are not bad. The price of the car is 60,000 lower, the car is easier to sell, and the actual profit margin has increased.

In addition, car companies have other policy subsidies, which are aimed at car companies.

The state vigorously subsidizes car companies and develops new energy vehicles, which lowers the price of new energy vehicles and benefits the public. This is why domestic sales are very popular, but overseas sales are not so good. There must be a very large influencing factor.