Rebirth 99 to become a car giant

During this period, BMW arranged for a group of people to come from Germany and go to Nanshan Battery to inspect the battery for three days.

The more we investigate, the more we know the technological advancement of Nanshan Batteries.

Whether it is lithium iron phosphate battery or ternary lithium battery, compared with other battery manufacturers on the market, it is really a higher level.

The most important thing is that Nanshan batteries and automated production lines are provided by sister company Nanshan Equipment.

The production efficiency and production pace are obviously much faster than those of competitors.

This alone will have a considerable impact on costs.

After Phillips and Aimoha came to inspect, BMW immediately sent a quotation to Nanshan Battery. After confirming BMW's specific needs, Nanshan Battery also officially gave a quotation.

Unlike other parts, which have a simple price, Nanshan's battery quotation is relatively complicated.

When the number of battery packs you need per year is 10,000, the price is the same.

When it's 20,000, it's another price.

If the annual demand exceeds 100,000, the price will be even lower.

Of course, if your demand is only a few thousand units a year, or even a few hundred units, then the price will definitely be completely different.

However, no matter which version the price is, Phillips and Aimoha are very surprised.

"Phillips, I think Nanshan Battery can be used as a battery manufacturer in BMW's global supply chain."

"Now the overall number of electric vehicles is relatively limited, and we don't need to develop too many battery manufacturers at the same time."

"Otherwise, it will be difficult to reduce battery prices due to the number of units."

"This time, the price provided by Nanshan Battery is in full compliance with our quotation conditions. A battery pack only costs 120,000 yuan, which is very competitive."

"The most important thing is that at this price, their battery life is longer than that of other battery manufacturers."

Aimoha is very satisfied with Nanshan batteries.

He feels that if this matter is done well, it may become a political achievement of BMW China.

They have provided BMW headquarters with better suppliers, which can be considered a credit.

Especially for a very special part like the battery, the meaning is even different.

"The price of a battery pack of 120,000 yuan is indeed not high, but the quotation they submitted also said that if the sales volume does not meet the quotation conditions, then the price will not be 120,000 yuan."

"In extreme cases, the price will reach 180,000."

Although Phillips also feels that Nanshan Battery is very competitive, as the president of the Asia-Pacific region, he has been exposed to more things.

Nanshan Batteries may be the best in China.

But there are also some other excellent battery manufacturers in Japan and Korea, and their technology is not bad.

"That's true, but the quotation plan Panasonic provided us before was even more demanding."

"They require us to pay a one-time investment in production lines or sign a special agreement on the number of units. If we fail to meet the requirements, we will need to lose additional money."

"And the normal quotations from these manufacturers are already 30% more expensive than Nanshan batteries, and the battery performance is not better."

"So I still think Nanshan Battery is the best choice."

"Other companies in China may not be very competitive and their technology is not very good, but Nanshan Group is an exception."

“Many of their parts are now competitive in the international market.”

"Nanshan Battery may also be China's highest technology level and largest automotive power battery manufacturer in the future."

Aimoha gave his own judgment with certainty.

Now that everyone has chosen to cooperate with Nanshan Group, some of the past prejudices and conflicts must be put aside in time.

From now on, as long as he deals with Nanshan Group from the perspective of maximizing the interests of BMW, Aimoha feels that he will be invincible.

He thinks that further strengthening cooperation with Nanshan Battery is also one of the ideas.

"For this current electric vehicle project, the batteries will definitely be produced by Nanshan Battery. This can be regarded as something that has been determined."

"But whether we need to further strengthen it in the future and how to further strengthen the cooperation between the two parties, we need to think carefully about it."

When Phillips said this, Aimoha immediately said next to him: "I heard that Nanshan Battery is preparing to raise funds in the past few days. The valuation should be around 10 billion. As long as we invest 100 million, we can get 1% of the shares."

"Although there is no way to influence Nanshan Battery's decision-making by then, we can know the relevant layout immediately."

"I think this 100 million investment can be considered spent."

When Amoha said this, Phillips became interested and said, "Is it true that 100 million can get 1% of Nanshan Battery's shares?"

“Didn’t you say that this investment is only for Chinese-funded institutions?”

Nanshan Group took out three companies for financing at once, which has already caused a lot of discussion in the industry.

Naturally, Phillips and Amoha also knew some relevant information.

"If it were placed one or two years later, this price would definitely not be able to capture 1% of Nanshan Battery's shares."

"But I think as long as we show sincerity and hand over global battery orders to Nanshan Battery, they should be very interested in letting us become one of the investors."

"After all, 1% of the shares has no influence on their decision-making."

"And taking this opportunity, they can also promote their cooperation with BMW, and the valuation of Nanshan Battery will soon increase from 10 billion to 20 billion."

When Amoha said this, Phillips couldn't help but nodded.

This is indeed the truth.

For Nanshan Battery, it seems to be a good idea to take this opportunity to promote the cooperation with BMW and then get more orders from other OEMs.

The 100 million investment invested by BMW can quickly become worth 200 million, or even more in the future.

"Then you contact Nanshan Battery and communicate our ideas with them."

"Let them put aside their worries and boldly sell 1% of their shares to us."

Phillips is naturally motivated to do profitable things.

Originally, BMW China was going to launch in-depth cooperation with Nanshan Battery. If we can make extra money through this cooperation, this business is naturally worth doing.

However, BYD Battery, which has always been the largest battery manufacturer in China, is a little anxious when Nanshan Battery makes such a big move.

"Mr. Wang, Nanshan Battery plans to raise about 2 billion yuan this time, and will definitely continue to build factories and expand production capacity."

"Do we need to consider simultaneously following up on the expansion of production capacity?"

Lu Faxiang's life has not been easy these days.

Originally, BYD's battery business was the largest in the country, but now its limelight has been stolen by Nanshan Battery.

The most important thing is that even BMW has chosen to cooperate with Nanshan Battery, which is not a good sign.

BMW has chosen Nanshan batteries. Will other car companies such as General Motors and Ford also consider using Nanshan batteries in the future?

As for various domestic independent brand car companies, there is almost no need to think too much. There is a high probability that they will cooperate with Nanshan Battery.

After all, most of their current engines and gearboxes are purchased from Nanshan Group.

Now that I have replaced the battery, it seems to be normal.

"It's not difficult to build a factory, but it requires orders to support it."

"You also know very well how our F3DM sales are."

"The production capacity of our current production lines is far from reaching saturation, and we cannot expand production simply for the sake of expansion."

"Otherwise, the financial report will be ugly."

As a company listed on the Hong Kong stock market, BYD definitely needs to consider the impact of financial reports and its impact on stock prices.

For example, if he invested a large amount of money to build a battery factory too early, it would be difficult for him to make up his mind to do it.

Mainly due to the current situation in China, electric vehicles are still in their infancy and are not gaining momentum so quickly.

"We have now obtained the production qualification for passenger cars. When the time comes, the electric cars and buses we produce will also be able to consume a lot of battery production capacity."

"If it doesn't work, we will have a good communication with Shencheng and let them introduce some larger preferential support policies for electric vehicles."

"Otherwise, once Nanshan Battery takes the lead, we will have to keep chasing in the future."

When Lu Faxiang said this, Wang Fu was also a little worried.

They are also trying to collect as much information as possible about Nanshan Battery.

But the more we learn, the less optimistic the picture becomes.

They have really achieved overtaking in corners, and both lithium iron phosphate technology and ternary lithium technology have achieved breakthroughs.

Especially in terms of ternary lithium batteries, they are directly on par with the best international standards.

This is a big blow to BYD.

They have been researching batteries for more than ten years, and even batteries are their first product.

Now it seems to be surpassed by Nanshan Battery.

It's strange that this mood can be good.

"We will build electric buses and coaches first. If they go well, we will move forward with the construction of new battery factories as soon as possible."

"Otherwise there's not much point in getting entangled here."

After much deliberation, Wang Fu felt that it was better to be more pragmatic.

BYD doesn't need a new battery factory now, what they need is more battery demand.

Otherwise, no matter how many batteries are produced, they will all be stored in warehouses, so what's the point?

Also struggling like BYD is Guoxuan Hi-Tech.

As well-informed companies, they also know that ministries and commissions will announce some incentive policies for new energy vehicles this year.

So they are already cooperating with OEMs such as Ankai Bus to produce electric buses or electric buses.

But for Guoxuan Hi-Tech, there is no need to build a new factory.

Why were the sales volume of early battery production lines not so high and the pace not so fast?

In addition to technical reasons, this may also have something to do with demand.

My daily demand is only dozens of battery packs, but you can produce hundreds of them in one go. Who will sell these battery packs to?

The faster the production cycle of a factory, the greater the probability of investment.

Power battery manufacturers in their early stages obviously cannot withstand too much investment pressure.

"Mr. Li, Nanshan Group has taken out three companies, Nanshan Semiconductor, Nanshan Carbon Fiber and Nanshan Battery, to look for financing opportunities."

"This matter has now become the most watched information in the Chinese investment circle."

"Many investment institutions have always been interested in various business units under Nanshan Group, but Nanshan Group has never had any need for external financing."

"Now that an opportunity has finally been given, many investment institutions have begun to snatch this investment opportunity at a high price."

"Do you think we should also consider allowing Guoxuan Hi-Tech to start external financing?"

Hearing what his subordinates said, Li Zhen was a little confused.

Naturally, he had heard about Nanshan Battery's financing.

What are you going to do to raise so much money?

In addition to investing in research and development, the rest will definitely be used to build new factories.

Originally, Nanshan Battery was backed by Nanshan Group, which gave it a considerable advantage.

If another group of investors are recruited to cooperate, wouldn't Guoxuan Hi-Tech's pressure be even greater in the future?

"If we are financing externally now, the valuation is more difficult to calculate."

"The valuation is too high and investment institutions are unwilling."

"The valuation is too low and I don't think it's worth it."

"Let Nanshan Battery heat up the investment track of power batteries first, and then we can find ways to raise funds. It may be a better choice."

If you don't have enough confidence, you can only watch the battle from the sidelines.

Li Zhen felt that he should be calmer about this matter.

Otherwise, when the time comes, your mind will get hot and you will regret it later, which will be a big headache.

"I am worried that after this financing, Nanshan Investment has established its position as the largest power battery manufacturer in China. It will be very difficult for us to surpass them in the future."

"In particular, BMW, Yangcheng Trumpchi, Nanshan Hongqi and other companies have started or are starting to cooperate with Nanshan Battery, which will play a very bad leading role."

Listening to the analysis of the people below, Li Zhen did not refute.

He also understands this truth.

But so what if you understand?

I also understand that half of the oil price is tax?

However, there are no eggs!

You can't avoid paying these taxes.

"I will visit more customers during this period. Our battery technology at Guoxuan Hi-Tech is still very good. If various bus manufacturers have needs, we can cooperate with them to develop new models."

Li Zhen ultimately did not reply to that question, but moved the topic elsewhere.

However, Li Zhen can change the topic, but Cao Yang can't.

In the past two days, Dong Shengnan has received quotes from several investment institutions, and now it is time to make the final decision.

"Mr. Cao, since all major institutions have communicated with us on the topic of valuation, except for the investment quotes given by some institutions that are not so ideal, most of them are relatively sincere."

"Not to mention Nanshan Carbon Fiber, whether it is Chang'an City, Lingnan Province, or financial investment institutions from the Magic City and the Imperial City, they have all given very sincere quotations. When the time comes, we will choose the best among them. That’s it.”

"As for Nanshan Semiconductor, although the situation is not that ideal, more industry support funds have expressed interest in it."

“Basically, we can achieve our expected investment goals.”

"Nanshan Battery, which I was originally worried about, performed not bad this time."

"Take Yangcheng City as an example. The Yangcheng Industrial Development Investment Fund teamed up with Yangcheng Automobile Group and Panyu District. The three parties jointly invested 1 billion and wanted to occupy 10% of the shares."

"Modu is also very sincere. Not only did Modu Auto Group invest 200 million, several institutions under the Modu State-owned Assets Supervision and Administration Commission also jointly proposed a total investment demand of 10% of the shares."

"Even Chang'an City has symbolically expressed its willingness to invest in 3% of Nanshan Battery shares."

"However, the total investment we have received has exceeded 20%. In the end, we will definitely not be able to fully follow the recovery plan."

Dong Shengnan was in a good mood.

The current situation is much better than she thought.

Even companies like Nanshan Semiconductor and Nanshan Battery, which are still losing money, have so many people interested.

It seems that everyone still has great confidence in Nanshan Group.

"Does BMW also want 1% of Nanshan Battery's shares?"

Cao Yang asked about something he cared about more.

Historically, CATL took advantage of the opportunity to cooperate with BMW to complete the first wave of orders.

Nanshan Battery can make good use of BMW cars and expand its influence.

It has been confirmed before that it will supply batteries to BMW China. It would be best if the relationship between the two parties can be further developed.

As for the market value of Nanshan Battery in the future will far exceed 10 billion, that is another topic.

You can’t let the institutions that invest in you not make money, right?

The more some institutions make a lot of money, the easier it will be for your other companies to obtain financing in the future, even if their valuations are a little exaggerated.

For example, in the future, the value of 1% of the shares invested by BMW will become 10 billion yuan.

So when BMW invests in other emerging industries of Nanshan Group in the future, it will definitely be much more courageous, right?

You will be more generous with your actions, right?

Cao Yang felt that this price was worth paying.

Besides, unlike other business units, Nanshan Battery Caoyang is preparing to go public in the future.

Then the shares held by Nanshan Group must be appropriately reduced to a level that is not so exaggerated.

At most, maintaining an absolute controlling stake of 50% is enough.

That means that after this financing, there will be at least one or two financing opportunities in the future.

If BMW didn't follow the investment later, then the 1% ratio would not be guaranteed.

At that time, whether it is a follow-up investment or not, it will become a classic hunger story.

"Yes, they are willing to invest RMB 100 million in cash to buy shares."

"They do not interfere with the company's operations and can entrust 1% of the voting rights to Nanshan Group for management."

"Their only demand is that Nanshan Battery needs to share the minutes of the company's major meetings and important decisions with them."

"Of course, if it involves confidential information of other customers, it doesn't need to be shared."

Dong Shengnan was naturally impressed by BMW's investment.

This is a relatively special investment.

"If they want 1% of BMW cars, then give it to them!"

"Of the remaining investment, we can focus on giving it to Yangcheng City and Magic City. Let's split it half and half."

"Others are also advancing according to similar plans and the investment agreement will be implemented as soon as possible."

Cao Yang will fly to the imperial capital tomorrow to attend the conference, so naturally it is impossible for him to do everything by himself.

Although these investment decisions are relatively large, they are nothing compared to the scale of the entire Nanshan Group.

As various investment institutions submitted their plans to Nanshan Group, a lot of information naturally began to spread.

That night, Autohome revealed a big news!

[BMW invested RMB 100 million to occupy 1% of Nanshan Battery shares]

Obviously, among all investments, BMW's 100 million is the most topical.

Therefore, even though this investment is the smallest, it has been singled out by Nanshan Group as the main publicity target.

The reaction on the Internet was exactly what Nanshan Group expected. Everyone was very interested in BMW's investment.

"Nanshan Battery? I've never heard of it. Why is there another unicorn company popping up?"

"BMW actually chose to cooperate with Nanshan Battery? Nanshan Battery is not simple."

“It is said that Nanshan Battery’s lithium battery technology ranks first in the country?”

"Why is only BMW investing in Nanshan Batteries? Where are Mercedes-Benz and Audi?"

"Is the era of electric vehicles really coming? Both Nanshan Group and BMW are optimistic about it!"

Various discussions have pushed this topic to the top of Weibo hot searches.

"Amoha, look, my judgment is not wrong."

"I would never believe this news about Autohome if Nanshan Group was not behind it."

Phillips was holding a cup of coffee and chatting with Aimoha.

This time he invested in Nanshan Battery, and it didn't take much effort for him to convince the headquarters.

On the one hand, this is because an investment of RMB 100 million is not a lot, and on the other hand, BMW is very satisfied with the inspection results of Nanshan batteries.

For such a potential battery company, there is absolutely no harm in investing in it in advance before other OEMs react.

Of course, the reason why we only invested 100 million and not more was because of other considerations.

In addition to Japanese car companies and Korean car companies, American and European car companies have slowly made their supply chains independent.

There is generally no shareholding relationship between OEMs and suppliers.

This can also be regarded as an industry pattern.

This 1% from BMW is just to better understand the news of Nanshan Battery and lay the foundation for future strategic cooperation.

"With this wave of publicity, the valuation of Nanshan Battery is really estimated to exceed 10 billion yuan."

"I guess some other car companies will regret not taking action earlier."

Amoha will definitely not have any dispute with Phillips at this time.

So it is natural to say something that makes everyone happy.

And while everyone was discussing the cooperation between Nanshan Battery and BMW, Cao Yang, who came to the imperial capital to participate in the meeting, was about to bring more heavy news to everyone soon.