The announcement was very short, with only a few lines of core information - Green Energy Technology completed Series B financing, with a post-money valuation of 1.5 billion US Dollar.
This round of financing was led by Dening Times, followed by Mr. Elon Musk personally, Era Vanguard, Bidiya, and state-owned enterprises.
Within a few minutes, alerts popped up on the terminals of Bloomberg and Reuters at the same time.
The title of Bloomberg is:
"Elon Musk first invested in China company, Green Energy Technology completed 1.5 billion US Dollar valuation Series B financing, Era Vanguard followed the investment."
The title of Reuters is:
"Tesla CEO Elon Musk personally invested in China Energy Storage Materials start-up company Green Energy Technology, Era Vanguard followed the investment."
Era Vanguard--This offshore fund never appears in public,
Before Nvidia's 13G application was submitted, after becoming Tesla's second Major Shareholder, he suddenly appeared in the field of domestic media.
A US Dollar fund that has never invested in China invested in a Energy Storage Materials start-up company Shanghai Zhangjiang.
The names of the co-investors also include Elon·Elon Musk.
People in the domestic capital circle know almost nothing about Era Vanguard, but they know about Elon Musk.
The Elon Musk who never invested in China companies, Shareholder Register who put his name into a China start-up company.
Who is Green Energy Technology?
The media started to dig deeper.
There are not many things dug out, but each one is enough to make people think.
Green Energy Technology was founded four years ago. The founders are Zhou Bingcheng and CTO Engineer Fang. The core team comes from a certain university Energy Materials Laboratory.
There is only one investor in Series A financing - Henglong Capital.
Angel investors were raised by the founding team themselves and a few early friends.
Shareholder Register is as clean as a blank sheet of paper, except for the founding team, which is Henglong.
Then, overnight, the names of Era Vanguard, Elon Musk, Dening Times, Bidiya and central enterprises suddenly appeared on this white paper.
The only name written twice on this piece of white paper is Henglong.
Domestic capital circles are not fools.
Henglong Capital is the only institutional investor of Green Energy Technology Series A.
Dening Times led the investment, Series B, Era Vanguard followed, Series B, Elon Musk followed.
Chairman Zhao Chen of Henglong, on the day Elon Musk landed Magic City, he personally went to the airport to pick him up, and Elon Musk got into his car.
Putting these things together, you don't need any imagination, just some basic association skills, and you can piece together a picture--
Between Henglong and Era Vanguard, and between Zhao Chen and Elon Musk, there is some kind of connection that goes beyond ordinary investment relationships.
The media spotlight shifted away from Green Energy Technology and turned to Henglong.
The stock price of Hong Kong Stocks, Henglong Group started to go up from thirty-eight Hong Kong Dollar, thirty-eight yuan, thirty-nine yuan, thirty-nine yuan.
The time-sharing line on the trading software is like a tightened bowstring, which is playing upward every minute.
The intraday Trading Volume was more than three times larger than the average Trading Volume of the previous five trading days.
Before the integer mark of forty Hong Kong Dollar, the sellers placed several small orders, which were eaten up by the buyers one by one.
Forty Hong Kong Dollar pressure level, breakdown.
At the close of trading, Henglong Group closed above 40 Hong Kong Dollar, with a total share capital of 560 million shares and a market value exceeding 22.4 billion Hong Kong Dollar.
On Bloomberg Terminal, the stock price chart of Henglong Group and the Series B financing announcement of Green Energy Technology are placed side by side on the same screen.
No one needs to explain, the market has already completed the connecting question for everyone.
Magic City, Zhangjiang.
After the signing ceremony ended, Deputy General Manager Zheng walked up to Zhao Chen.
"Zhao Zong, Henglong's stock price is doing well today."
Zhao Chen Picked up the teacup, the tea was already cold.
"Whether Henglong's stock price goes well depends on whether Green Energy Technology's Mass-Production Line goes well.
Mass-Production Line is gone, I don't need to worry about the stock price of Henglong.
Mass-Production Line is not going well. If it goes up today, it will go back down in the future."
Deputy General Manager Zheng nodded.
The directions for Pilot Line, Elon Musk and Old Fang are not out yet.
The translator had already come out, and he was standing in the corridor rubbing his temples.
The signing ceremony was over, the media had left, and the display board had not been removed. The logos of Green Energy Technology and several investors were still lit up side by side on the blue background display board.
And the person who changed the valuation of this signing from 7 billion RMB to 1.5 billion US Dollar,
At this moment, I am still squatting in front of stainless steel Reactor, discussing with Engineer Fang the process issues of grain size and grain boundary width.
Zhao Chen put down the tea cup and looked at the security door at the end of the corridor that required a card to enter.
Elon Musk and Old Fang are still inside.
He suddenly remembered what Elon Musk said in Boca Chica--
"When people in the capital industry eat with him, he won't be able to sit still for five minutes."
At this moment, Elon Musk has been in Pilot Line for almost two hours.
It's not because the valuation of Green Energy Technology is 1.5 billion or 15 billion, it's because of the things burned in that Reactor and the fire in Engineer Fang's eyes that has been burning for four years and has not been extinguished.
The corridor was very quiet, and the background board of the signing ceremony was silently lit behind him.
When bidding farewell to Zhou Bingcheng, Elon Musk held his hand and said, "I'll come back to see Mass-Production Line when it is put into production."
Zhou Bingcheng nodded and said nothing more.
Old Fang stood behind Zhou Bingcheng, with his hands still in the pockets of his work clothes.
Elon Musk gave him a thumbs up, and Old Fang smiled. The lines in the corners of his eyes that had been exposed to fluorescent lights for four years looked very deep in the dusk.
Buick GL8 drove away from Zhangjiang and drove directly to Lingang without returning to the hotel.
When the gray factory buildings of the Tesla Magic City factory emerged from the horizon, it was already dark.
General Manager Zhu and several senior executives were waiting at the entrance of the factory. This time Elon Musk got out of the car and shook hands with everyone. They shook hands quickly, but they all shook hands.
He walked in the assembly workshop for about forty minutes, looked at the Model 3 production line, and asked a few questions about the data of Capacity Ramp-Up.
I asked about the integrated die-casting Yield Rate. I stopped at the door of the painting workshop and did not go in.
General Manager Zhu accompanied the whole process, and the speech speed of the report was much faster than usual, but Elon Musk could hear it--
It's not just a polite nod, it's really listening. When it hears key data, it will ask for a number.
Forty minutes later, he patted General Manager Zhu on the shoulder, said "Good job", and then turned around.
Zhao Chen's car is already waiting at the gate of the factory.
Elon Musk opened the car door and sat in the back seat. The moment the car door closed, Lingang's industrial lights flashed alternately outside the car window.
He leaned on the seat, unzipped his jacket halfway, and let out a long breath.
From the time Pudong was launched to now, he has been squatting in Pilot Line for almost two hours, walking in Tesla factory for forty minutes, chatting with Engineer Fang about the grain size, and General Manager Zhu talking about Yield Rate.
The car was very quiet at the moment. Su Wantang and Chen Xi were not in the car - Zhao Chen asked them to go back to the hotel first.