"Bidiya accepts Dening Times as the lead investor. The remaining 6.5% share will be distributed between Bidiya and Two Central State-Owned Enterprises through negotiation."
Two Central State-Owned Enterprises representative opened his notebook and exchanged a few words in a low voice with the colleague next to him.
Then he raised his head, his voice was not high, but every word was clear.
"This round of investment by central enterprises in Green Energy Technology is for industrial chain security and strategic positioning, not financial returns or controlling rights.
After Green Energy Technology enters Tesla Supply Chain, the priority cooperation rights of central enterprises in the field of grid connection projects and Industrial Waste Heat Recovery have been locked in through risk control clauses.
The quota of central enterprises--" He paused and his eyes fell on Zhou Bingcheng's face,
"Each company can be reduced to one percent. The remaining part will be given to Bidiya."
Meeting Room was quiet for a moment.
Zhou Bingcheng's fingers stopped at the edge of the draft plan.
One percent.
Central enterprises took the initiative to reduce their share to one percent.
This means that the remaining 4.5% belongs to Bidiya.
And Bidiya plus Dening Times's share, Industrial Capital's total shareholding will reach 13%--
It is four points less than the plan proposed by Zhou Bingcheng three days ago that "Henglong will give up five points and Industrial Capital will hold a total of 17% of the shares."
But the valuation has changed from 7 billion people RMB to 1.5 billion US Dollar.
The less is the share ratio, the more is the real gold Silver.
Director He's fingers stopped on the table.
His lips moved, wanting to say something, but the representative of the central enterprise had already closed his notebook, with a calm expression, as if he was talking about something that had been discussed internally for three rounds and no longer needed to be debated.
Deputy General Manager Zheng was silent for a few seconds, then nodded slowly.
"Dening Times has seen the sincerity of central enterprises. At 6.5%, Dening Times leads the investment, and it's decided."
Director He took a deep breath.
"Bidiya accepts. Of the remaining shares, Bidiya subscribes for 4.5%."
His eyes stopped on Zhao Chen's face for a moment, and then fell on Zhou Bingcheng's face.
"Mr. Zhou, Green Energy Technology has no other opinions on the allocation of this round of financing. Bidiya."
Zhou Bingcheng's fingers tightened slightly on the draft plan.
Era Vanguard Five percent.
Elon Musk Two percent.
Dening Times 6.5 percent.
Bidiya 4.5 percent.
The total number of central enterprises is 2%.
He added the numbers in his mind - twenty percent.
A total of 20% of the shares were released in this round of financing, which has just been distributed.
He closed the document, placed it on the table, and lightly pressed his finger on the cover.
Sister Liu has brewed the tea again.
Freshly boiled water was poured into the teapot, and the aroma of Iron Goddess of Mercy slowly spread in Meeting Room, diluting the smell of coffee and printer toner that had accumulated over the past three days bit by bit.
Old Fang put the Pilot Testing data report into the file bag, moving half a beat slower than three days ago--
It's not fatigue, it's the string that has been stretched for four years that finally Panasonic has come.
Deputy General Manager Zheng took the newly poured tea from Sister Liu and walked to the seat next to Zhao Chen to sit down.
Director He also moved over with a tea cup.
Representative Two Central State-Owned Enterprises was sitting across from me. One of them put away his notebook and never opened it again.
The seating arrangement in Meeting Room has changed unknowingly - it is no longer the formation facing each other on both sides of Long Table, but is scattered into several adjacent positions.
For example, after the negotiation, everyone unanimously chose a more comfortable sitting position.
The topic started from Deputy General Manager Zheng's sentence.
"Zhao Zong."
He put down the tea cup, and his tone was completely different from three days ago. There was no coldness in the ice water, nor the stiffness after his authority was challenged.
There is only a kind of curiosity that has been accumulated after working in the New Energy industry for twenty years and can be revealed towards people and things that are truly important.
"Elon Musk, do you have much dealings with him?"
Zhao Chen's hand holding the tea cup paused slightly.
He noticed that Deputy General Manager Zheng used "you"--
From "Zhao Zong" on the negotiation table three days ago to "you" at this moment, the change of two words is separated by a whole Series B financing.
"We have dealt with him several times," he said.
Director He leaned forward, his tone filled with an interest that was close to getting to the bottom of things that investors with a technical background didn't often have.
"Elon Musk has never invested in a company in China, not even once. Green Energy Technology is the first.
Zhao Zong, is he here for Green Energy Technology's technology, or is he here for you?"
Zhao Chen picked up the tea cup and took a sip. The fragrance of Iron Goddess of Mercy spread on the tip of the tongue.
He didn't answer immediately. His eyes fell on the Zhangjiang and Wutong trees outside the window and paused for a moment.
"Comed from advanced technology. Energy Storage has a 35% lower cost, a cycle life of more than 10,000 times, and a decay rate of less than 5% -
He looked over these three numbers twice. After reading them, he told me that this was not Improvement, but Revolution."
He put down his teacup,
"He is a person who only cares about data. If the data is good, everything is easy to discuss. If the data is not good, no one will lose face."
Deputy General Manager Zheng nodded, picked up the tea cup and took a sip.
"Tesla's laboratory has never opened its doors to external start-ups.
The sample of Green Energy Technology can be imported and the official test report can be obtained - Zhao Zong. How did you convince him about this?"
Zhao Chen's fingers slowly circled around the edge of the tea cup.
"No convincing. I just translated the test report of CTI into English and put it in front of him.
He read one page, and when he turned to the second page, his finger paused for two seconds on the cycle life line.
Then he said himself - send the sample to Fremont, Tesla's laboratory for Independent Testing."
He raised his head and his eyes met Deputy General Manager Zheng.
"Elon Musk doesn't need to be convinced. He just needs to see data that is worth his time."
Two Central State-Owned Enterprises One of the representatives put down his tea cup and asked the question that everyone present wanted to ask but had not yet asked.
"Zhao Zong, Era Vanguard--Do you know the background of this fund?"
Meeting Room The air was quiet for an extremely brief moment.
Deputy General Manager Zheng's hand holding the tea cup paused in the air for a moment, then continued to hold it up and took a sip.
Director He's eyes moved away from the teacup, fell on Zhao Chen's face, and then moved away again.
Zhou Bingcheng sat next to Zhao Chen, gently twirling his fingers around the edge of the tea cup without saying anything.
Everyone here heard the name "Era Vanguard" spoken by Zhao Chen at the negotiation table three days ago.
Tesla's largest external shareholder.
Apple holds 5.7 million shares.
SpaceX holds 5.4% of the shares. Nvidia has opened a position of nearly 5%.
The names of these four companies put together do not require any modification.
But who is the actual controller behind Era Vanguard, where does the US Dollar capital of this fund come from, and who is its trader in Wall Street--
No one here can answer these questions.
They only know one thing: Chairman Zhao Chen of Henglong Capital can mobilize the resources of Era Vanguard.
Era Vanguard led the investment in Green Energy Technology, and Elon Musk followed in the investment. These two things happened at the same negotiation table. It cannot be a coincidence.
Some people even speculated in their minds that Henglong could transform from a local real estate company Shan City into
Transformed into a capital platform spanning A-share and Hong Kong Stocks, is there the shadow of Era Vanguard behind it--
In other words, Era Vanguard itself is the overseas capital tentacle of Henglong.
Zhao Chen Put down the tea cup, the bottom of the cup hit the table, making a light and clear sound.
"It's inconvenient to say more about Era Vanguard's background."
His voice was not high, but the boundaries in his tone were very clear.
"It voted for it, Henglong voted for Henglong. In this round of Green Energy Technology, Era Vanguard participated, and Henglong did not follow the investment. This is the principle."
Deputy General Manager Zheng didn't ask again.
Director He didn't ask again.
One of the representatives Two Central State-Owned Enterprises opened and closed the notebook.
Zhao Chen This sentence was said plainly, but everyone here understood it - don't ask what you shouldn't ask.
The silence in Meeting Room lasted for about two breaths.