In the city, I am the owner of paradise island
Chapter 179
Paradise Island CBD.
Sky Tower, 95th floor.
Here is one of the most star start-ups, electric vehicle company “Azure Power”, and the CEO is the famous automotive expert, Li Bing.
At the moment, inside the president’s office.
Li Bing is looking at the company’s performance report, which can be described in four words, it is a great thing.
“It’s really thanks to the Su Island Lord.”
Looking at the growing performance, Li Bing couldn’t help but sigh.
After relocating to Paradise Island.
In terms of talents, Su Cheng has recruited many of the world’s top automobile design talents through various means, many of which are from “Mercedes-Benz”, “Volkswagen”, “General Motors” and other companies.
Moreover, it helped the company introduce a group of investors to come in.
Of course, the most important thing is the unique environment of Paradise Island.
Designers here can often come up with genius designs, especially the recently launched electric bus, which is very popular in the market.
Even, some people have already called Azure the ** “Tesla”, the potential is limitless!
However, there are regrets.
That is, Su Cheng’s shareholding is too low, only 5%, only a small shareholder, and with the new round of financing, Su Cheng’s shares may be diluted.
“Those greedy boards!”
Thinking that the board of directors refused to issue more shares to Su Cheng, Li Bing was angry.
He is the CEO and a technologist.
Only he understood the significance of Su Cheng and Paradise Island to the company.
“President, I have received a notice from the secretary group that the owner of Su Island will arrive in 10 minutes, please prepare first.”
At this time, the secretary informed.
“Quick, quickly gather the car design team and report to the Su Island owner together!”
Li Bing immediately came to the spirit.
Su Island Lord, but the rare visitors here, everyone wants to see him.
……
After 10 minutes.
The modern conference hall on the 95th floor is overcrowded.
Su Cheng was also slightly surprised, he didn’t expect that he was so popular among this group of car designers.
“Dear Sioux Island Lord, the magic of this island inspires me and the design is more mature, this is really an island blessed by God!”
A female designer said excitedly.
“Yes, this is a designer’s paradise, and my career as a designer will be great because of it!”
“I’m from the Durham Benz Design Center, and to be honest, the working environment there is a lot from here!”
“If the only thing worth criticizing is that the consumption here is too high…”
Most of these auto designers poached by Su Cheng from around the world seem very excited.
Aside from the prices here, they love the island to death.
“Paradise Island has always been committed to providing the best working environment for everyone.”
Su Cheng responded with a smile.
Next, he asked everyone about the state of the electric vehicle industry.
“At present, the total annual sales of cars in the world is 90 million.”
“And according to professional forecasts, by 2025, electric vehicles will account for 25% of the market share, more than 30 million units!”
“So, it’s a very promising industry!”
Li Bing said excitedly.
At present, the global automotive industry has been occupied by traditional automobile giants led by Volkswagen, Toyota and General Motors, and new companies have no opportunities at all.
To overtake in corners, electric cars will be key!
However, this is not an easy task.
Electric vehicles, to truly replace traditional fuel vehicles, still have a long way to go.
It is mainly reflected in three aspects: cost, battery life, and charging.
Needless to say, electric vehicles require a lot of batteries, the price is high, and there must be official subsidies to compete with fuel vehicles.
The second is battery life.
At present, the range of mainstream electric vehicles is generally 200-400 kilometers, well, this is without turning on the air conditioning.
The third is charging.
There are not enough charging stations, and charging is too slow.
For Tesla alone, it takes 40 minutes to fully charge 80% and 40 minutes to fully charge the remaining 20%!
That’s a lot more than adding ink!
Moreover, he also learned a terrible truth.
At present, electric vehicles with “clean energy” as a gimmick are actually not environmentally friendly, at best they are pollution transfers.
Lithium batteries required for electric vehicles are highly polluting industries and difficult to recycle.
And the electricity needed basically comes from coal power plants, well, this is also a big polluter.
All right……
Su Cheng originally hoped that Paradise Island would fully replace electric vehicles, but it seems that he still needs to be cautious.
At the very least, the electric vehicle industry needs a technological breakthrough.
Before leaving.
Li Bing reported another incident to Hui Sucheng alone.
“Su Island owner, this month, Azure Power will conduct a series D financing with a valuation of $10 billion, and your shares may be diluted to 2.5%.”
Li Bing said with some embarrassment.
“Who is leading this round?”
Su Cheng asked.
“It is a consortium led by Fujixun, who invested $4 billion and is ready to eat 40% of the shares in one go.”
Li Bing said.
Su Cheng’s brows furrowed slightly.
Despite all the problems, the electric vehicle industry is the industry of the future, and now is the best time to invest.
And once Azure introduces the investment of Fujixun, it will be controlled by Fujixun sooner or later, and the efforts of Paradise Island are tantamount to making a wedding dress for Fujixun.
He thought for a moment and asked, “What does the board mean?” ”
“The board of directors hopes that Paradise Island and Fujixun will compete freely, and whoever pays the highest price will get 40% of the shares.”
Li Bing’s face was a little anxious.
In fact, he and management would prefer to increase their holdings on Paradise Island, or even better hold it, because the environment here is too important for the company.
But the greedy guys on the board are full of money.
Let Paradise Island and Fuji Xun compete, the other party is one of BAT, a giant with a market value of 450 billion US dollars, how Paradise Island competes!
“In this way, I can offer a price, 1 billion US dollars, 40% of the shares.”
Su Cheng finally said.
He now has insufficient cash flow, and $1 billion is already accounting for half of his book funds.
“$1 billion … 40%……”
Hear this quote.
Li Bing only felt that his eyes were dark, and he was 4 times different from Fujixun’s offer, and the board of directors definitely did not agree.
At that time, the only outcome waiting for Azure is likely to be kicked out of Paradise Island.
“Su Island Lord rest assured, I will definitely fight with the board of directors!”
In the end, Li Bing still said solemnly.
Well, even if there is a glimmer of hope, he is not willing to leave Paradise Island with Azure!
“I hope the Teal board understands that there are many electric car companies under the sun, but there is only one on Paradise Island.”
After Su Cheng said this, he left dashingly.
The meaning is obvious.
Without Azure, Paradise Island can also support other electric car companies and still cut into this field.
But without Paradise Island, will Azure still have such momentum?
……
On board the Bell 505 helicopter.
Su Cheng began to think about the next step.
If Fuji Xun enters, he will sell his shares and then kick Azure out of Paradise Island, which is not negotiable.
As for other electric car companies, there are many in China such as Pegasus, Lex, and Biati.
But it is difficult to find a startup comparable to Azure Power in a short period of time. After all, both Li Bing and Azure’s design team are top talents in the industry.
However, there is no hurry.
The plane tree planted attracts the golden phoenix, as long as the paradise island is in hand, global talents and companies will flock to slowly select.
Between thoughts.
Su Cheng opened the system interface.
In recent times, counting the establishment of Lanfangguo, the research of “angel rays”, the construction of the Old Summer Palace, the settlement of WHO and other awards, X19 lotteries have been accumulated.
Well, he’s ready to smoke it all at once!
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