Winning the new financial era

Chapter 635 Azure Car
On the second day after Tie Onion's arrival, Li Bing, accompanied by Shen Beipeng and Zhang Sanshi, also came to Zhang Yida's place for alms.

Heishan Capital and Gaoling Capital are both early investors in the A and B rounds of Weilan Automobile.

In addition, Penguin, Goudong, Shunwei Capital, Qiandu, Industrial Securities, Lenovo, CICC, Temasek, etc. are also shareholders of Azure Auto.

The luxurious shareholder team covers almost all of the top domestic venture capital and major Internet giants, which is not far behind Ruixiang's shareholder camp.

The reason why he was able to attract so many top-level capital is also inseparable from Li Bing's glorious personal record in the past.

Both Yiju.com and Yixin Group are listed companies with a market capitalization of more than one billion US dollars. Including Weilan Automobile, Li Bing has a total of 3 listed companies under his control.

This number is not small, and Zhang Yida currently only has 3 listed companies.

Also, in this life, the Baimo bicycle sold to Huimin for travel is far from being as famous as in the previous life, but it can be regarded as a relatively successful entrepreneurial project.

Therefore, Li Bing is fully qualified to wear the title of "Serial Successful Entrepreneur".

Due to the superposition of various reasons, Weilan Automobile is a fashionable new car concept that rivals Tesla, and it is naturally praised by venture capitalists.

Weilan Auto was listed in September last year, and its market value once soared to more than 9 billion US dollars!

But now, there are only more than 30 billion US dollars, which is more than 70% lower than the high point of the stock price.

Zhang Yida called the three of them to sit down on the sofa in the living room of the office, and asked Li Bing with a smile, "Senior Brother Li, what gust of wind brought you here as a busy person? I haven't seen you for a long time."

Li Bing patted the soft leather sofa under his buttocks, looked at the furnishings in the living room, and said with a smile, "You big entrepreneurs still live comfortably."

Zhang Yida smiled, didn't answer, and turned to look at Shen Beipeng and Zhang Sanshi.

"That's right, Weilan Auto is preparing to issue a convertible bond."

Shen Beipeng said with a smile: "Didn't you just invest heavily in Tesla? 150 billion yuan!
With such a large investment, don't you want to hedge the risk? "

Zhang Sanshi also nodded, and said with a smile: "Weilan is still very good, and the delivery volume is increasing significantly every quarter.

Last year, more than 11000 vehicles were sold, and this year it is expected to triple the number of deliveries on this basis. "

Zhang Sanshi glanced at Li Bing, "Old Li, are you right?"

Li Bing nodded quickly, "Yes, yes, we are still confident in the annual delivery of 3 vehicles this year."

After finishing speaking, the three of them set their eyes on Zhang Yida, waiting for the latter's reply.

Zhang Yida is optimistic about the track of new energy vehicles, and has in-depth research on this industry.

In addition to problems such as immature technology and insufficient popularization of charging piles, the biggest problem is sales.

Only when the sales volume increases can the huge R&D costs and manufacturing costs be diluted.

"I heard that Tesla's Modu factory is about to be completed and put into production, and domestic Teslas will be launched."

Zhang Yida still didn't say a few words. Judging from the cases of other manufacturers building factories in China, once the domestic version is released, it is almost inevitable that the cost will drop and the price will drop.

At that time, the domestic new car manufacturers, especially Weilan with a price of 30 to 40 yuan, will suffer a very big impact.

Li Bing's face was not very good-looking. The Modu factory was originally owned by Weilan Automobile, but Tesla stepped in, causing Weilan Automobile's plan to build a factory to fall through.

This is related to the newly promulgated "Automobile Industry Investment Management Regulations" at the end of last year.

According to the "Regulations", since the Tesla Gigafactory settled in Lingang, the Shanghai city ahead of Weilan, Weilan, who is a step behind, needs to start the construction of the Shanghai factory after the Tesla Gigafactory's production capacity reaches 50 vehicles.

This is also related to various undesirable phenomena such as new energy subsidy fraud and resource waste.

Anyway, this matter has always been a scar in Li Bing's heart, the kind that hurts when it is uncovered.

When Tesla produces 50 vehicles a year, I am afraid that the body of Azure Automobile will be completely cold.

"In addition to Shanghai, the capital Yizhuang, Huizhou and other governments have all thrown olive branches to Weilan."

Li Bing put away his smile and said solemnly.He knew that Zhang Yida was not a fool.

Because of the capital side, it is not particularly convenient for him to take Ari's money.

And he has taken almost all the money from the top domestic venture capital, so Ruixiang has become a special target to be wooed.

Penguin is currently the second largest shareholder of Weilan. Including Goudong, the total shareholding ratio is even higher than him.

He holds 14.4% of Weilan shares and 47% of the voting rights. It cannot be said that the control is necessarily secure.

Introducing Ruixiang to adjust the shareholder camp will make him feel safer and at the same time check and balance the Penguin series.

Another one, getting a new sum of money from Zhang Yida is also a great help to Weilan who is extremely hungry for funds.

It can be said to kill two birds with one stone!
He approached Zhang Yida many times, but was politely declined each time.

He once thought that it was because of Jia Yueting that Zhang Yida looked down on the field of car manufacturing.

But this time Zhang Yida invested heavily in Tesla, which gave him hope again.

Although he is a senior in name, Zhang Yida's position in the industry is not the same as his.

In order to make this trip smoother, he found Shen Beipeng and Zhang Sanshi, and planned to let them help as lobbyists.

Li Bing hurriedly gave Shen Beipeng and Zhang Sanshi another wink, and the two understood, and began to talk about how the local government was optimistic about Weilan Automobile.

Weilan Automobile is currently in a difficult situation, and Tesla is constantly exerting pressure from the outside world, and it has all come to China's doorstep.

The internal cash burn is also very serious. The current market value of Weilan Automobile is not as much as the accumulated financing obtained.

Under such an uncertain situation, capital tycoons like Zhang Sanshi and Shen Beipeng hesitated a little. Should they stop losses immediately or make additional investment?
The safest way is to use other people's money to save Weilan Automobile.

In this way, you don't have to take risks, and it also solves the problem of Weilan Automobile's shortage of funds.

The short-selling activities of Zhang Yida's hedge fund have basically stopped, and they have also made two to three hundred million US dollars on Weilan Auto.

The money is used to invest in Weilan, it can be said that it is taken from the people and used for the people, even if it is all lost, it doesn't matter much.

"I invest in Azure, and Ponima doesn't object?"

Zhang Yida looked at the three jokingly, he didn't think Bonima would be so generous.

"You don't have to worry about that!"

Li Bing looked at Zhang Yida seriously, "As long as you nod and agree, I'll explain to Penguin."

Shen Beipeng saw that there was a connection to this matter, and he also came out to chime in and said, "Pony won't be so stingy, and the real leader and soul of Weilan right now is you, Senior Brother Li Bing."

Zhang Sanshi also nodded, "Yes, Weilan is not a subsidiary of Penguin, we and other shareholders also have the right to express their views on this matter."

Li Bing looked at Zhang Yida, all your doubts have been dispelled, it's time for you to have a good talk!
Zhang Yida smiled and said nothing, Weilan's stock price is still in the early 3 dollars, so it's not too late to make a move!

(End of this chapter)