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The new lithium battery company is called Xinghai New Energy Technology Company, referred to as "Xingdian", and is a holding subsidiary of Xinghai Group.

Xinghai Group holds 15% of the shares through technology investment. In addition to the battery factory currently under construction, it will increase its investment by another 5.9 billion yuan, accounting for a total of 76% of the shares;

Xinghai Investment Company's lithium resource shares are worth 1 billion yuan, and it will increase its investment by another 2 billion yuan, accounting for a total of 23% of the shares.

1% of the shares were left for Zeng Qun, Huang Lin, Li Ping and others to invest in the company.

The original Ningde Times merged into Xinghai New Energy Technology Company, and Ningde Times Company no longer exists.

Ningde Times Company was merged into the new company by Xinghai Group at a premium valuation of 75 million yuan. Zeng Qun, Huang Lin and Li Ping still need to increase capital by 25 million yuan, equivalent to 100 million yuan.

Obtain 1% of the shares of the new company.

The money was not enough, so Mu Yang borrowed money to advance the payment.

Zeng Qun holds 0.6% of the new company's shares, Huang Lin holds 0.25%, and Li Ping holds 0.15%, totaling 1% of the new company's shares.

If this investment ratio is used, the actual market value of the start-up company is 11.76 billion yuan.

In fact, this ternary lithium battery technology is not only worth 1.76 billion yuan. It is not a problem to sell it to other companies for several billion yuan.

Therefore, Zeng Qun and the others got 1% of the shares for 100 million yuan, which was actually a huge advantage.

Moreover, no matter how they raise funds in the future, these 1% shares will not be diluted, which is very important to them.

Zeng Qun's annual salary is 3 million, and Huang Lin and Li Ping's annual salary is 1.5 million.

Mu Yang made a bet with the three people. As long as the company's market value reaches 200 billion yuan and the annual profit exceeds 5 billion yuan, Mu Yang will reward the three people with a total of 0.5% of the shares and reward other core members with 0.15% of the shares;

If the company's market value reaches 500 billion yuan, and the annual profit reaches 10 billion yuan, a total of 0.5% of the shares will be awarded to three people, and 0.15% of the shares will be awarded to other core members;

If the company's market value reaches one trillion yuan, and its annual profit reaches 20 billion yuan, it will reward 1% of the shares and 0.2% of the shares to reward other core members.

The company will reward its employees with 1.5% of its profits at the end of each year. The three partners will receive a total of no more than 0.5% of the year-end dividend. After deducting their shares, they actually receive 99% of the 0.5% year-end dividend.

Only by having ladder goals can we be motivated, which is equivalent to Mu Yang giving 2.5% of his shares as incentives, of which 2% is given to three partners.

Is 2.5% too much?

According to the scale of the new company, this is already a lot.

If Muyang only gives money, but not technology, to allow Zeng Qun and others to develop, 2.5% is certainly less, and giving 5% is not much.

Therefore, the amount given depends on how much contribution the subordinate has made.

In addition to new companies, Muyang also plans to use Xinghai Investment Company, Xinghai Food Company and Cultural Tourism Company to experiment and give them incentive goals.

At first, I refused because of various considerations, mainly because Mu Yang still had the energy to manage these companies.

Now Mu Yang has started to step aside. If these people in charge do not have stock incentives, their enthusiasm will decrease. They feel that no matter what they do, they are working for Mu Yang. When they feel unbalanced, they will start a new business and go it alone. There are too many such things.

Here at the new company,

Zeng Qun serves as the president of the new company, Huang Lin and Li Ping are the vice presidents. The vice president in charge of finance is sent from Xinghai Group to supervise the financial revenue and expenditure. The Xinghai Group headquarters is not responsible for personnel, and Zeng Qun is fully responsible for everything except finance.

In personnel matters, it can be said that the delegation of power is very large.

As the actual controller, Muyang exercises the right to supervise and manage major matters of its holding subsidiaries, and enjoys investment income and decision-making rights on major matters for the invested enterprises in accordance with the law.

To put it simply, Mu ** has veto power, but he is only responsible for the general direction and will not interfere with general matters. Just like Xinghai Investment Company, Yang Nian is fully responsible.

Another difference is that Xinghai Group's ternary lithium battery R&D team has not been merged into the new company. It still belongs to the group company and will send people to the factory. The new company is not responsible for the technical research and development of lithium batteries.

Xinghai Group is responsible for the technical research and development and subsequent optimization of ternary lithium batteries. In other words, if Xingdian Company is listed, but the actual technology is still controlled by Xinghai Group, it does not mean that Xinghai Group can mess around.

For example, if Xinghai Group has developed a more advanced ternary lithium battery, is it okay to start a new energy vehicle battery company? Is it okay to license it to other companies?

Of course not!

As long as it is a lithium battery, it is still used in the automotive industry, it has a conflict of interest for Xingdian, and it has become an investment fraud, then it will not work.

But if Xinghai Group develops more advanced non-lithium batteries, such as nuclear fusion batteries, and starts a new furnace, then there is no problem.

In other words, there is no problem if the current ternary lithium battery is used in aviation and is reheated.

Therefore, Xinghai Group’s ternary lithium battery technology is not only worth the 15% of Xingdian shares.

If one day, Muyang sells Xingdian, although Xinghai Group can no longer use lithium batteries in new energy vehicles, it can develop other batteries for use in new energy vehicles, such as hydrogen batteries.

This kind of cross-holding will save a lot of trouble after financing in the future.

When Xingdian purchases ternary lithium battery production lines from Xinghai Group, it must also purchase them at market prices.

Xingdian can use the resources of Xinghai Group and Xinghai Investment Company and pay the corresponding fees. The main job of Zeng Qun's team is to expand production capacity indefinitely and be responsible for production, quality and sales.

The last day of the auto show,

Mu Yang came to the auto show and walked around casually. There were much fewer visitors, but there were still many visitors in his company's exhibition area.

In the past six or seven days, the number of customers who are interested in buying Hummer EV has been registered. The number of registrations exceeds 2,000, which may seem like a small number, but this is just an auto show.

However, Muyang still wants to wait for the global pre-sales of the Hummer EV before deciding whether to put it into domestic production.

Towards the end of the period, Xinghai Group held a media conference to announce that Xinghai New Energy Technology Company, a subsidiary of Xinghai Group, had taken over global orders for ternary lithium batteries.

Xinghai New Energy Technology Company plans to build a ternary lithium battery processing plant in Ningde, with an annual production capacity of 20GWh, which can meet the battery supply of 300,000 new energy vehicles.

Of course, the biggest beneficiary from Ningde Times being acquired is BMW Huachen, which can directly purchase finished goods. Of course, the price is another matter.

The domestic ex-factory price of Xingdian's ternary lithium battery is 1,500 yuan/kWh, and the export price is based on 1,500 yuan/kWh plus additional costs.

This price must be very high. If it is a few years later, the cost per kilowatt hour of ternary lithium batteries may not exceed one thousand yuan.

But now Xinghai Group has a monopoly and advanced technology.

The battery cost is so high. The battery cost of a 60-kilowatt-hour electric vehicle is 90,000 yuan. If the battery pack cost does not exceed 50%, the comprehensive cost of an electric vehicle will be at least 180,000 yuan, and the manufacturer's guide price will be 210,000 yuan.

Only Yuan or more will do.

If the price of the car is really this, it will be hard to sell.

The state provides subsidies to new energy vehicle companies. New energy vehicles that meet the support conditions will be given a subsidy of 3,000 yuan/kWh before 2013, or a maximum subsidy of 60,000 yuan/vehicle for pure electric passenger cars.

After each company sells 50,000 plug-in hybrid and pure electric passenger vehicles respectively, the national finance will appropriately lower the subsidy standards.

There are also various conditions. For example, the requirements before 2013 were: to provide a warranty of no less than 5 years or 100,000 kilometers for key components such as power batteries, and to promise to recycle the entire vehicle and power batteries at a certain depreciation rate;

The energy of the power battery pack shall not be less than 15 kWh, etc.

The subsidy of 3,000 yuan per kilowatt hour of electricity is very strong, but the maximum subsidy for pure electric vehicles is 60,000 yuan per vehicle.

For a battery pack with 60 kilowatt-hours of electricity, the actual subsidy is 60,000 yuan, not 180,000 yuan.

This subsidy is indeed for car companies.

However, automobile manufacturers must sell new energy vehicles to private users at prices after subsidy deductions.

What does it mean?

For example, the original manufacturer's guide price was 210,000 yuan, but the actual price sold to the customer was 21-6 = 150,000 yuan!

Instead of taking 210,000 yuan from customers, you can still earn 60,000 yuan in subsidies from the state!

it's out of the question!

The state ultimately targets consumers and benefits them.

There are many detailed rules for how much subsidies can actually be given, and each time period is different. Before 2013, it was relatively rough, and after 2013, it will be different, and even different every year. There are strict requirements for cruising range, battery energy density, etc.

, those car companies with backward technology will be eliminated.

Of course, the car companies are not without benefits. The price of the car is lowered by 60,000, the car is easier to sell, and the actual profit margin has increased.

In addition, car companies have other policy subsidies, which are targeted at car companies.
Chapter completed!