NOVEL NEXT Chapter 179 Joint Venture
Li Yu's answer made Zhang Luomu not know how to speak for a moment.
Fortunately, Zhang Luomu is also a person who often sees the world, and he quickly adjusts his mentality.
And I quickly changed my original investment plan.
Zhang Luomu said directly: "Mr. Li, if I say that our pension foundation wants to acquire 40% of the shares of Tiansheng Energy Recycling and Environmental Protection Company."
"And the premise of the investment is that all the funds raised will be invested in the new energy storage power station."
"As for the number of energy storage power stations, just follow your idea. How about building 100 of them in the country?"
Li Yu did not expect that Zhang Luomu wanted 40% of the shares as soon as he came up.
And there are so many requirements. According to him, the construction cost of one hundred energy storage power stations alone will exceed 500 billion.
Even if Li Yu and the other party provide capital according to the normal ratio, 40% will still require 200 billion.
When Li Yu knew that Zhang Luomu in front of him had more than one billion in funds, he also had to consider Li Yu himself.
With the current situation of Tiansheng Energy, it is impossible to come up with 300 billion.
Of course, if calculated based on the ex-factory price of new lithium batteries, these two hundred billion are actually enough to build one hundred 3,000MW energy storage power stations.
But even so, Li Yu was willing to give 40% of his shares to the other party.
After all, the market for 533 energy storage power stations is not limited to the domestic market. Li Yu doesn’t really care whether the domestic market is profitable or not.
But in foreign markets, Li Yu will not give it up to others, a market worth at least hundreds of billions a year.
Now Zhang Luomu wants to get 40% of Tiansheng Energy Recycling and Environmental Protection's shares. Doesn't that mean that he will also have to share 40% of foreign profits?
This is hard for Li Yu to accept.
After thinking for a moment, Li Yu finally thought of a way and said to Zhang Luomu:
"President Zhang, in fact, our company is not focusing solely on the domestic market."
"The foreign energy storage power station market is also very huge, so we follow our company's plan."
“After the domestic layout is completed, we will begin to enter foreign markets.
"President Zhang, how about we jointly invest in a new company?"
"This new company specializes in the domestic energy storage power station market. We are responsible for all operations of the company. After your pension fund invests, are you waiting for dividends every year?"
“As for foreign markets, our Tiansheng Energy Recycling and Environmental Protection Company still wants to operate alone.
Zhang Luomu immediately understood what Li Yu meant.
Knowing Li Yu’s reasons for giving up the domestic market to pension funds is already Tiansheng Energy’s bottom line.
Zhang Luomu did not answer immediately, but began to calculate in his mind what if he owned 40% of the entire domestic energy storage power station market.
How much dividends can the foundation receive each year in the future?
It’s not that I don’t know. I was immediately surprised when I calculated it. It was calculated based on the power utilization rate of the energy storage power station.
3000MW can generate profits of at least 1.1 billion to 1.2 billion per year. This profit is still calculated conservatively. In fact, it is estimated that the profit will increase when the scale increases.
If calculated based on one billion, one hundred 3000MW energy storage power stations would generate a profit of one hundred billion per year. Even if the expenditure is reduced by 20%, the profit will be 80%.
Then the pension foundation can also have more than 30 billion (in a special sense, the pension foundation does not need to pay income tax, and the rest that does not belong to the foundation needs to pay).
According to Tiansheng Energy's announcement, it can operate stably for 50 years, and save 20% of annual expenditures to maintain the energy storage power station.
Basically, as long as there are no major changes in energy, the more than 300 to 40 billion yuan every year is basically just lying around and making money.
"So Mr. Li, I wonder how you plan to cooperate?" Zhang Luomu immediately felt that this project could be done after calculating the accounts and immediately asked Li Yu for details of cooperation.
Next, Li Yu immediately began to discuss the details of cooperation with Zhang Li.
The first request from Li Yu is to show that the pension fund only has the right to audit accounts and recommend dividends every year.
Although this joint venture is a joint venture between the two, the operating rights and management rights must belong to Tiansheng 100%.
As a pension fund, Zhang Luomu is naturally not afraid of Li Yu's tricks, let alone the other party's deception of investment and transfer of assets.
Speaking of which, the pension fund has never intervened in an investment company, so it naturally agreed to Li Yu's first request without hesitation.
As for the second requirement, Li Yu requires that when the joint venture company builds energy storage power stations in China, the foundation must apply for the highest subsidy standard.
Zhang Luomu agreed without hesitation to help the joint venture company handle local relations.
After all, no one in the country dares to offend the pension foundation. After all, he will have to rely on the foundation to support himself when he retires!
The two people discussed the first two conditions very happily, but when it came to investment and proportion, they started to get stuck.
At first, Li Yu calculated based on the energy storage power station in Dapeng New District as the standard.
It was finally calculated that if the joint venture company wanted to build 100 energy storage power stations in China within one year.
Then 500 billion in funds will be needed, although more than 400 billion of the 500 billion is for the purchase of new lithium battery packs.
And more than 400 billion, it is estimated that 300 billion is the profit of Tiansheng Energy.
But Li Yu went straight to business and did not spit out any profits.
Of course, Zhang Luomu knew the construction cost of the energy storage power station in Dapeng New District, and then referred to the construction cost of the pumped storage power station and had no objection to it.
Now that the total investment funds have been calculated, the next step is to calculate the investment ratio.
Zhang Luomu said on the spot that their pension fund held 40% of the shares, so they would only need to invest 200 billion according to the ratio.
Regarding Zhang Luomu's thoughts, Li Yu sprayed him on the spot.
It directly means that you are not beautiful but you think you are quite beautiful.
Not to mention that the technology belongs to Tiansheng Energy, and the subsequent management also belongs to Tiansheng Energy Management.
This project alone originally belonged to Tiansheng Energy Recycling and Environmental Protection Company, and now you want to take a bite of the cake.
It would be great if I, Tiansheng, are willing to give you a piece of cake to eat, but you actually want to invest in proportion.
In the end, Li Yu directly proposed that the pension fund would contribute 70%, and Li Yu would provide the remaining 30%.
Although Zhang Luomu knew that it was unreasonable for him to only contribute 40%, he heard that Li Yu asked the foundation to contribute 70%.
Naturally, he couldn't agree. It would take about ten years to recover the capital of 350 billion, which was not cost-effective at all.
Therefore, he did not hesitate to directly reject Li Yu's idea.
In the end, neither of them could convince the other.
In the end, Li Yu could only propose that this be the case for today, and then the two parties would start to form a team to discuss the details of the joint venture.
Zhang Luomu thought for a moment and finally nodded in agreement with Li Yu's idea and prepared to go back and ask the foundation to set up a project department to analyze the details of the joint venture in detail.
PS: Normal business practices, accelerating the development of your own company, taking into account the pension gap, only cost more than 30 billion a year to help the rapid development of energy storage power stations, and received a large number of orders for new lithium batteries. In any case, the advantages outweigh the disadvantages! Probably not People say the protagonist licks, right?
I’ll stop here today, I’ll add two chapters tomorrow, and I’ll continue with the fifth update tomorrow! Flowers, flowers, stay tuned!