Becoming a Billionaire after Divorce-Chapter 703 - 258: Sun Dasheng Wields His Sword—A New CATL Era? (Part 2)

Chapter 703: Chapter 258: Sun Dasheng Wields His Sword—A New CATL Era? (Part 2)

But this is her own boss, what could she possibly do.

"Alright, I’m done joking with you. Let the secretariat handle this matter. Let me know the results of the negotiations in time." Sun Dasheng adjusted his attire and got up to leave.

"Yes." Huang Han quickly followed him out.

...

Regarding the stock increase negotiations of the battery factory, after Keno Capital released positive signals, all parties actively participated, all wanting a bigger slice of the pie.

After all, this is mature technology, and as long as one has a share, they can immediately receive tangible returns.

This investment will not only yield returns from the battery factory, but it also presents an additional gain for their own brand’s new energy vehicles.

After all, as long as they hold some shares in the battery factory, future batteries can be prioritized for their own cars, and by then... hehe...

They all envisioned their brand’s vehicles vigorously undermining the foundations of oil car brand markets with excavators.

The thought alone was wonderful.

An abundance of cash, right?

So, even when signing their glorious names on the contract, they couldn’t understand why the other side was so generous, letting outsiders share the fruits of their high-cost research, and those outsiders were their competitors in the new energy vehicle industry.

"What’s Keno Capital thinking? Aren’t they giving away the goose that lays golden eggs?"

"Haha... their vision must be grander than ours, I don’t know."

"Maybe they don’t have their own new energy vehicle brand, so they want to make allies for future investments?"

"No, didn’t I hear that they have a collaboration with Baidu on Weima Automobile?"

"That’s already Baidu’s favorite child; they are just minor shareholders."

"Perhaps they have a big picture in mind, wanting our domestic new energy industry to develop faster and stronger."

"Haha... do you believe that?

"Haha... unless they’re a state-owned enterprise, why would they scatter wealth like this otherwise?"

"State-owned enterprise? Even few state-owned enterprises have such a big picture, right?"

...

This investment conference ended amidst all sorts of speculations.

No matter what the hosts thought, everyone welcomed the idea of sharing the cake.

In the end, Keno Capital gave up 49% of its shares to major new energy vehicle brands.

Whether it was the established players like Wei Xiao Li, BYD, or the newly rising stars like Wenjie and Gem Rice, all got a piece of the action.

Only companies like CATL, purely battery enterprises, had their worlds turned upside down.

Following this investment conference, the stock market had an immediate reaction, with CATL’s stock price hitting the limit down.

CATL, a previously illustrious enterprise, renowned nationwide.

At this moment, the company CEO’s office was silent and oppressive.

"Let’s hear it, what is this rising competitive opponent all about, and why haven’t I heard a thing beforehand?"

"Are you all just useless?"

The boss spoke, and everyone was frozen in fear, silent.

This enterprise was single-handedly built and developed by the boss, maintaining an authoritative presence within the company. 𝘧𝑟𝑒𝑒𝘸𝘦𝘣𝑛𝑜𝘷𝑒𝓁.𝘤𝘰𝓂

With him around, no one dared to make a peep.

"Can we acquire this company?" The boss finally asked after a long pause.

The subordinates finally heaved a sigh of relief, all eyes turned to the vice president responsible for asset management and investments.

The vice president’s face was ashen, and he said solemnly, "Perhaps earlier it was possible. But after this investment conference, it has become a joint venture with stakes held by major new energy vehicle brands, making acquisition very difficult."

Everyone’s hearts sank.

The vice president’s words meant a lot, and clearly, everyone was aware of their implications.

The battery market used to be dominated solely by CATL.

Money, they made plenty.

If you wanted high-quality batteries, there was no other manufacturer.

There simply was no supply elsewhere.

This allowed CATL to grow from an obscure enterprise to a super major company with a market value exceeding a trillion within a few years.

What led to earlier successes?

Wasn’t it because their technological development was always ahead of industry peers?

When a more advanced technology was discovered, it was either acquired or a competitive product was developed to eliminate it in the bud.

That created the scenario where the company stood singularly dominant, filling its coffers fully.

But as the company grew larger, the inevitable big company ailments showed up, and severe communication issues ensued.

Actually, the company’s marketing department had long discovered this competitor and reported it to the higher-ups.

But there were too many reports, every day there were plenty (seeing how profitable CATL was, there were many small companies out there on the market), and the higher-ups didn’t pay sufficient attention.

At that time, the company dominated this industry almost unchallenged, thinking any rival needed a few more decades to catch up.

This complacency led to today’s blunder.

Faced with the oppressive atmosphere in the office, the assistant felt the need to speak up, or else this environment would not favor resolving the crisis.

So he began to persuade, "Chairman, you can’t entirely blame the subordinates for this incident, the blame lies with Keno Capital for being too cunning."

"Oh, how so?"

Seeing the boss’s expression slightly improving, everyone secretly breathed a sigh of relief, fearing the boss might fire all these idle bums in a fit of rage.

The looks at the assistant were filled with gratitude.

Thank goodness there’s someone who speaks up for us.

Looks like they need to engage more with Assistant Wang in the future.

Having someone up there sure helps.

"This battery factory was previously unknown, not even listed in our company’s directory (the company had a directory of potential competitors, mostly leading domestic new energy companies), now after our company’s investigation, it turns out this small factory had already secured a large investment from Keno Capital early on, and they acquired many domestic new energy companies, silently integrating their R&D divisions into this factory. Otherwise, they wouldn’t have such powerful R&D capabilities."

Assistant Wang said through gritted teeth.

It’s not the company’s lack of effort, it’s the enemy’s cunning.

Unexpectedly, they were secretly working on something big, without a hint reaching us.

"Hmph! Even so, can their little R&D capability compare to our company’s? Does our annual multi-billion R&D investment go to waste?"

The boss was still quite angry.

They supposedly outspent us in annual R&D funding, though Assistant Wang would only dare think it, not say it out loud.

As nobody would believe it.

It would be ludicrous to claim a small Karami factory’s R&D funds surpass our world-leading new energy company’s, both domestically and internationally.

Saying it out loud would make a laughingstock.

He absolutely dared not say it, even if investigations proved it was true.

He was sure, if he did say, he would be fired the next day for stepping in the company with his left foot first.

"Perhaps it’s sheer luck?" Assistant Wang cautiously phrased, "I heard from the R&D department that while money is crucial in R&D, sometimes it’s about striking big by chance."

No sooner had Assistant Wang said this than the R&D responsible validated, "Assistant Wang is correct, luck also plays a crucial role in R&D, especially in materials; apparently, they discovered a new material, boosting the battery’s energy density."

"Indeed, it’s pure luck."

"If they managed a stroke of luck once, can they keep doing it again? Boss, rest assured, we hold the advantages."

.....

Listening to these buck-passing statements, Zeng Yuqun felt an inexplicable toothache, wasn’t this all too familiar?

It gave off a sensation that the company was going to peter out.