Chapter 201 Fight for Development Time
Chapter 201 Fight for Development Time
Dongyang City, China Construction Bank.
”300 billion!!”
When Fan Jinyou, president of Dongyang Head Office, heard that Longteng Technology Group wanted to apply for a loan of 300 billion, he was so scared that his gallstones almost broke! Zhang Qing nodded, and then formally submitted their sodium battery business development plan and said: ”I think with our group’s current fixed assets and cash flow, plus shale oil mining, lithography machines, chip manufacturing and other core key technologies, there should be no problem with a loan application of 300 billion, right?”
After listening to Zhang Qing’s words, Fan Jinyou’s little heart slowly calmed down.
The reason why he was so surprised just now was not the question of whether he could borrow or not, mainly because the amount was so large that it was unheard of…
At least he didn’t seem to have heard of any private enterprise that wanted to borrow 300 billion right away.
Fan Jinyou couldn’t help but smile bitterly and said, “I also know that with the strength of your group, let alone 300 billion, even if it triples, there will definitely be a lot of capital rushing to acquire it.”
”But this amount is too large, I definitely can’t handle it here…”
As he said, he looked at the loan application form and plan again.
”Sodium batteries and battery swap stations?”
”Well, this is the latest project of our group.”
”Dr. Kang took the lead?”
”Yes.”
”Then I’m relieved.”
Fan Jinyou nodded and said, “Let me take the plan to the Yanjing Head Office to report now. Whether the loan can be obtained depends on the decision of the head office.”
”Okay, then I’ll trouble President Fan.”
So this loan application was quickly taken to the Yanjing Head Office by President Fan. The 300 billion loan application shocked the entire senior leaders of the Construction Bank.
Although they have accepted such large loans before, they were basically large national infrastructure projects, and the loan recipients were all state-owned enterprises.
Three hundred billion…
It can build a highway running through the north and south.
After a meeting to study this loan application, they still couldn’t make up their minds, so they continued to report and asked the Energy Bureau and the Ministry of Science and Technology for their opinions.
After seeing this application, the leaders of the two bureaus immediately pulled the leaders of CCB and the Ministry of Industry and Information Technology to hold a special meeting.
The theme of the meeting also changed from whether the loan can be obtained to whether the battery replacement plan is really feasible.
In fact, in recent years, some people have repeatedly proposed that the country should take the lead in formulating a battery standard and promoting a new energy battery replacement plan.
But for various reasons, this matter has been on hold.
In fact, if the battery replacement plan is really to be implemented, the best time is to unify the battery standards when the new energy strategy is just beginning to be implemented.
But at that time, domestic battery technology was still very immature. If this standard was forcibly implemented, it would be a huge obstacle to the development of new energy.
From the perspective of consumers, every user with a poor battery condition tends to replace his poor battery with a good one, while users with good batteries are unwilling to put their batteries into it, which will cause this battery replacement mode to not work at all.
Unless the user is directly cut off from charging by himself, there is no other choice but to replace the battery.
If the battery technology is mature and stable, and the user’s cost of use is relatively low, this may still work, but when the battery technology is mixed and the price is high, it is not feasible at all.
The most important thing is that at that time, it was not known whether this new energy strategy would work.
What if so much money is spent, the battery technology cannot be developed, and consumers do not buy it, and the new energy cannot be used? Finally, when things just started, no one knew how to formulate this standard.
If it is too high, it is unrealistic. If it is too low, it will be a huge project to replace it later.
After missing this opportunity, it will be more difficult to promote battery standards later.
At the meeting, leaders from various parties expressed their opinions and discussed heatedly, but in the end all the problems pointed to one thing: Can Kangchi develop a sodium-ion battery with high energy density and low cost? If it can, then the feasibility of this matter is naturally very high.
This can not only promote the strategy of new energy development and solve the problem of carbon emissions, but also solve the problem of grid energy storage. This alone,It is worth supporting.
What’s more, Longteng Technology, a private enterprise, can use its technological advantages to guide industry reform without the government having to step in as the bad guy and force the new standards to offend so many car companies, battery factories and ordinary consumers…
So if this wave succeeds, they can win three times.
It’s simply wonderful! “In terms of technology, I trust Dr. Kang very much.” Chief Lu patted his chest and assured, “Since he has the courage to play such a big game, he must be absolutely sure of the technology, so as long as this model works, I will definitely agree with it.”
”And this is actually just a normal investment behavior of a private enterprise. Even if the project fails, as long as the entire investment process complies with regulations, we actually have no reason to blame them. Instead, we should thank them for taking risks and helping us try and explore the way.”
”But isn’t the amount of this normal investment a bit too large…” The leader of CCB smiled bitterly, “The initial investment is 300 billion, and we may have to continue to invest more later. If it explodes, how can such a big hole be filled?”
”I have to correct your concept on this.” Chief Lu Chang Xiao asked back, “Let me ask you, how much do you think Longteng Group is worth now?”
”Uh… one trillion?”
”Okay, then let’s say it’s one trillion, but where did this trillion come from? It’s all the cake that Dr. Kang made with his own technology, and we didn’t give it to him, and it’s not like Hengda played leverage. Even if he really smashed the cake, it can’t be called a hole at all, right?”
”That’s the truth, but I just feel a little sad…”
”If others don’t feel sorry for you, why should you feel sorry for them? Don’t you think highly of Dr. Kang? I think you have been scared of an occupational disease by Hengda. All you think about is risk, risk, and risk. Once bitten by a snake, you are afraid of the rope for ten years. You have lost your courage.”
The leader of CCB smiled, but did not refute.
“Ahem, now that we have reached a preliminary consensus, there is another topic to discuss.”
The leader of the Energy Bureau said,
“Do our power grid company and the three oil companies want to get involved? After all, they may not be able to handle such a big plate by themselves.”
Lü said with a smile, “Why, do you think they are going to take your three oil companies’ jobs?”
“What?” The leader of the Energy Bureau immediately retorted, “You are allowed to protect your children, but we are not allowed to protect our children?”
“That depends on whether your children are willing to fight for it.”
Lü said bluntly,
“This matter “I think it’s better for us not to get involved in the early stage, so as not to send out the wrong signal and end up being the bad guy.”
”But you, the Energy Bureau, still have to give the support and help you should give. When their plate becomes bigger, let them share some of it with you.”
”In fact, in my opinion, private enterprises and state-owned enterprises are all our enterprises, especially Dr. Kang’s company. Each of them is deeply rooted in China and is actually no different from state-owned enterprises.”
”If this doesn’t work, then let’s go to the Council of Elders to judge.”
What Chief Lu said was actually helping Kang Chi to maximize his interests.
He actually knew very well that if this project could be successful, it would at least seize more than half of the market of the three barrels of oil, and the future potential was unlimited. It was definitely impossible for Kang Chi to eat it alone. He would always have to share some soup to shut up some people.
So it was inevitable that the power grid and the three barrels of oil would enter the market and become state-owned enterprises.
The key lies in the timing of their entry.
If they enter the market too early, it will definitely not be a good thing for Kang Chi. Only when the size of the cake is basically stable, and then they are allowed to enter the market, Kang Chi can maximize its benefits.
What Chief Lu can do for Kang Chi is to delay their entry time and buy time for Kang Chi to develop.
Other leaders naturally understood Chief Lu’s meaning.
If this matter is really brought to the Elders’ Council, for the sake of public image, they will definitely support Chief Lu and choose Kang Chi to be the pioneer of reform.
Moreover, Chief Lu’s proposal can be regarded as a concession from both sides, so the leaders of the Energy Bureau did not make trouble for themselves and finally agreed to this plan.
After the meeting, Chief Lu immediately called Kang Chi and conveyed to him the content and results of their meeting.
”… That’s about it. I bought you three years. If your project can succeed by then, you may have to sell some shares to them at a valuation.”, but don’t worry, I guarantee that you can control at least 51% of the absolute controlling rights.”
Although Kang Chi didn’t know the details of their discussion, he could tell from the result that this was definitely the greatest benefit that Chief Lu could help him get.
And three years was enough for him to completely expand this plate.
When the time comes, he will definitely be able to recover a huge amount of money by selling the shares! ”Well, I understand, thank you for your support.”
”It’s okay, you work hard and try to get the sodium battery you mentioned out as soon as possible.”
”Don’t worry, I guarantee to complete the task!”
(End of this chapter)