Chapter 511 New Energy Technology Company (seeking monthly pass)

  The next day.

  Guancheng.

  Although it was the end of December, when Xia Jinghang got off the plane, he felt the happiness of the people of Eastern Guangdong.

  Different from the thousands of miles of ice in Northland, the temperature here is just over ten degrees Celsius, neither hot nor cold, but the most comfortable.

  Xia Jingxing took off the down jacket from Beijing to the plane, and then to Guancheng, and handed it to the accompanying staff. Wearing a thin black suit, he felt that he was more flexible when he raised his hand and waved his arm.

   "Old Deng, Guancheng and Pengcheng have very developed manufacturing industries. Do you think it is necessary for Envision Capital to open an office here?"

  Xia Jingxing and Deng Yuanyun walked out of the airport side by side.

  Behind the two, they followed the five or six employees who had just returned from a business trip yesterday and continued to travel today, all working for the mobile phone industry M&A fund.

  "At present, Vision Capital mainly invests in the TMT field. These companies are concentrated in Beijing, Magic City, and Yangcheng. I suggest that an office can be set up in Yangcheng, where the Internet industry is developing well.

  Pengcheng and Guancheng are mainly manufacturing industries, so Penguin is a bit famous. I haven't heard of any other well-known Internet companies. "

  Xia Jingxing smiled. In 2005, most of the Internet industry clusters are indeed concentrated in Beijing and Shanghai. Shanda is still not desolate. Lin'an, where Ari is located, is still developing in awkwardness, and Pengcheng is not very ranked.

   "Okay, let's open an office in Yangcheng."

  Xia Jingxing gave Deng Yuanyun a glance, “I think the mobile phone industry M&A fund can set up two or three offices in Pengcheng, Guancheng, Jiangsu Province, Zhejiang Province and other places.

  The Pearl River Delta and the Yangtze River Delta have always been manufacturing centers. Being close to each other makes it easy to find good projects in the first place. "

  Deng Yuanyun felt that his boss was completely obsessed with investing in the industry, and worried that his boss would go astray. He persuaded: “Mr. Xia, we are a mobile phone industry M&A fund, not an industrial investment M&A fund.

  In fact, the reason why domestic venture capitalists prefer the TMT field is mainly because these industries have developed fast enough, as fast as two to three years, or as slow as five or six years.

  In contrast to industry, the value-added investment is slow; asset-heavy operations require large investment and high risks; most importantly, the technology is too low-end, and many do not have core technologies.

  Of course, if you master the core technology, it will be industrial technology, not foundries, processing plants, assembly plants...

  With the core technology, the competitiveness of the enterprise is strong, so that it can gain an advantage in the fiercely competitive market, grow rapidly and bring rich returns to shareholders. "

  Xia Jingxing nodded, "That's good, but let's take a bite of the meal.

  Ten companies recently delineated by the mobile phone industry M&A fund, tell me, which one has core technology? The kind of technology that is very competitive internationally. "

  Deng Yuanyun was silent for a while.

  Xia Jingxing slowly said: “If they can master the core technology now, it’s not the current valuation.

  The reason why we invest in companies in the mobile phone industry chain is second in terms of financial returns, mainly because we don’t get caught up in foreign countries.

  At the moment, these companies are indeed very immature, but when they grow up, they may bring us many unexpected surprises.

  Google and Yahoo, including Facebook, are either a garage startup or a school startup. Although he started out weak and small, all of them have created miracles.

  In such a large market in China, I believe that it will be possible to raise that kind of industrial leader, not limited to the mobile phone industry, such as other consumer electronics, security, home appliances and so on. "

  Deng Yuanyun suddenly had a big brain, and the boss remembered that every time he came out was every time he came out.

   "Of course, you are still investing around the mobile phone industry chain."

  Xia Jingxing said with a smile, “Bailu Foundation invested in all charged devices (smart terminals) in accordance with the predetermined investment logic of the “Internet of Things”.

However, mobile phones are a key part of the Internet of Things strategy. In the future, the second and third phases of the mobile phone industry M&A fund will not only invest in mobile phones, or it will not be called the mobile phone industry M&A fund, but the smart device fund. , Internet of Things Platform Fund..."

  Deng Yuanyun nodded. He attended the meeting in Hong Kong and knew that the boss had a big dream to let people all over the world live the life of Bill Gates.

  Of course, it is limited to the smart home set.

  He originally had certain doubts about whether the Internet of Things can be popularized in a large area and at low cost in the next ten years.

  But last month, a piece of news let him put a lot of doubts.

  At the World Summit on the Information Society (WSIS), the International Telecommunication Union (ITU) released the "ITU Internet Report 2005: Internet of Things".

  The report pointed out that the era of ubiquitous "Internet of Things" communications is coming.

  All objects in the world, from tires to toothbrushes, from houses to paper towels, can actively exchange information through the Internet.

  Radio frequency identification technology, sensor technology, nanotechnology, and intelligent embedded technology will be more widely used.

  For information exchange via the Internet, currently it can only be computer equipment.

  But after the boss’s smartphone is launched, he should be able to take on this important task.

  Deng Yuanyun thought about it carefully. The boss’s investment layout looks like a hammer in the east and a hammer in the west, but when you think about it, it seems that there are traces to follow.

  It's just that he can't predict the future, many things can be vaguely guessed, but there is still no particularly clear concept.

  If you can’t figure it out, you don’t want to, just put your own one-acre three-part land-the mobile phone industry well. Deng Yuanjun couldn't keep up with the boss's thinking, so he had to comfort himself like this.

  Talking, a group of people quickly approached the passenger passage.

  Xia Jingxing was far apart, and I saw a few young people pulling red banners with a line of big words "Welcome Mr. Xia Jingxing to visit", which was very eye-catching.

  He is a little bit big, walking in the country, as long as he arrives at a place and informs a certain company in advance, this kind of grand welcome ceremony must be indispensable.

  Next to several young people stood two middle-aged men in their 30s and 40s, and a 60-year-old man.

  They saw Deng Yuanyun standing with a young man in his early twenties. They knew that it was the big boss behind the scenes and greeted him with a smile.

   "Mr. Xia, hello!"

  The three greeted each other, and shook hands with Xia Jingxing one by one, and briefly introduced themselves.

  The 60-year-old is a Chinese-American Chen Tanghua, the middle-aged man in his 40s is a Hong Konger Leung Shaokang, and the 30-year-old is a mainland Chinese Zeng Fukun.

Xia Jingxing glanced at Chen Tanghua several times. He read the information written that this grandfather, Chen Zanxian, was a pioneer of the early labor movement in the country and founder of the Ganzhou party organization. He was sacrificed in 1927. There are monuments and images in the local area. As a result, Chen Tanghua Grew up in Bay Bay.

  It’s not easy to ask about this kind of thing, and he simply pretended not to know.

  Next, he focused his attention on Zeng Qiqun, the founder of the later Ningde era, who is very famous in the battery circle.

  However, in ATL (Amperex Technology Limited), which translates as "new energy technology company", Zeng Qianqun is only one of sixteen partners and one of the three main partners. He is currently the president and COO of ATL.

  I don’t know if it’s related to the frequent use of brains. Zeng Qianqun’s hairline is already very high and his forehead is very bright when he is less than forty years old.

  After a simple greeting, Xia Jingxing, Deng Yuanyun and several subordinates got on the cars sent by ATL to pick them up and drove towards the factory together.

  Xia Jingxing called for Zeng Fangqun to accompany him, so the latter got in the same car with Xia Jingxing.

  In the car, Xia Jingxing and Zeng Hao chatted together.

   Talking about price and valuation before coming up, Xia Jingxing asked about some entrepreneurial experiences and stories of Zeng Qianqun.

  "I graduated from Madu Jiaotong University majoring in shipping in 1989, and then I was assigned to a state-owned enterprise. After three months, I couldn't stand that kind of life. I came to East Guangdong to work.

   Isn’t there a sentence at the time? From east to west, north to south, make a fortune to eastern Guangdong! "

  Zeng Fangqun is very talkative, and he is not very restrained in the face of Xia Jingxing. He speaks very humorously.

  "...At that time, I joined a foreign-funded company that specializes in computer hard drives, called Shinco Magnetic Power Plant.

  I worked in that factory for ten years, and I also met my two partners, Chen Tanghua and Liang Shaokang. "

Xia Jingxing nodded and smiled and said, "I read the information. You start as an ordinary engineer, and step by step you are promoted to team leader, workshop director, and technical section chief. At the age of 31, you became the youngest technical director of Xinke, and it was the number one. A director from mainland China, that's amazing!"

  Zeng Fangqun waved his hand humbly, “I’m nothing, Liang Shaokang is really good. He is the only non-Japanese executive executive director of the TDK Group since its establishment in 1935.”

  Xia Jingxing frowned, and it was TDK Group that was competing with them.

  Xinke is SAE, the old club of the three founders of ATL.

  However, Shinco was acquired by the Japanese new materials giant Tokyo Denki Kogyo Co., Ltd. as early as ten years ago, and is a wholly-owned subsidiary of TDK.

  ATL also accepted capital injection from its old owner, TDK Group, in the early stage of its business.

  However, ATL later accepted a round of investment from Bay Bay Handing, a US$25 million round of investment from Carlyle in the United States and 3i Capital from the United Kingdom.

   Including the 16 partners including Zeng Lianqun, ATL's shareholding structure is very fragmented.

  The acquisition has also become very complicated.

Although TDK Group is a shareholder of ATL, it only enjoys the right of first refusal to purchase shares.

  From the perspective of national sentiment, Zeng Lunqun is more inclined to sell it to Vision Capital and Xia Jingxing.

  But another Chinese-American and Hong Konger don’t know what happened.

  Just now shaking hands and chatting with the two of them, Xia Jingxing did not clearly see any problems.

  Just to greet oneself from the airport of the two, can't it mean that you are inclined to Vision Capital. Maybe it is a welcome to raise the price?

  At the time when things were far from successful, Xia Jingxing did not appear to be too optimistic. His brain was thinking fast about how to bid successfully, and the cost could not be too high.

  (End of this chapter)