Chapter 112 A Reluctant Choice of Technical Approach
Chapter 112 A Reluctant Choice of Technical Approach
"Mr. Wang, you flatter me."
"I think President Wang is quite charming... and, well, ambitious indeed!"
Ye Kai took a sip of the decanted Latour wine and felt that the taste was just average, but the fruit aroma was quite rich, and if you tasted it carefully, you could taste the flavors of blackcurrant, cherry, and plum.
However, this bottle of Latour is clearly not old enough, and the tannins in it are rather rough.
If this wine is properly stored for several decades, the tannins will become more delicate and mellow with the aging process, perfectly combining with other flavor compounds to make the wine taste more rounded and smooth.
What the heck is "unyielding ambition"?
Is it really appropriate to praise someone like that?
Wang Quan felt as uncomfortable as if he had swallowed twenty flies after hearing Ye Kai's words, but with a beautiful woman in front of him, he couldn't just lose his temper and could only endure it.
Ye Kai wasn't particularly interested in Wang Quan. He invited Zhou Xiaoli to the banquet mainly to find out about this competitor. It would be even better if he could figure out their chosen technological development path.
However, this does not mean that he needs to feign compliance with the king's authority.
Some things are more interesting when they are told by the people themselves.
"Although this Iberian ham is famous, it is on the salty side. No wonder it needs to be paired with arugula salad, whose slightly bitter and spicy flavors stimulate the taste buds and create a sharp contrast with the ham's salty and savory taste."
"However, I have to admit that truffles are used in almost every dish. Is the chef's love for truffles bordering on obsession?"
As Ye Kai ate, he casually commented, clearly feeling that the Western meal, worth over ten thousand yuan, did not meet his expectations.
Hemp egg!
I'm treating you to dinner, and you, who's just freeloading, are nitpicking?
That's outrageous, absolutely outrageous!
Wang Quan stabbed the steak a few times with his fork, venting his anger briefly before regaining a brighter expression and chatting with Zhou Xiaoli.
Compared to the complex interpersonal relationships within the Wang family, the situation in the Zhou family of the capital is much simpler. There are no more than ten direct heirs, and Miss Zhou can inherit billions of dollars in wealth, which continues to grow.
If he could marry this super-rich and beautiful woman, why would Wang Quan need to start a business or even want a bicycle? Wouldn't it be better to just retire completely?
"Has your startup secured any more investment?"
Miss Zhou was already tired of this level of Western food, but that didn't mean she couldn't have a little bit.
For her, eating a little less at night is enough to ensure that her body gets the necessary nutrients; if she eats even one more bite, she'll consider it a loss.
"Is Ms. Zhou interested in investing in us?"
Wang Quan suddenly became excited when he heard Zhou Xiaoli's question.
Nowadays, there are many people in China who want to develop new energy power batteries. After all, everyone has seen that this industry may stand at a new turning point. However, there are not many who are willing to invest hundreds of millions of yuan in research and development. Zhou Xiaoli's Green Energy Core Power is considered to be a relatively large-scale enterprise.
While Wang Quan is indeed a professional with some technical expertise in power batteries, his influence in the business world is far less than that of Zhou Xiaoli. Therefore, the actual investment he has secured so far is less than 60 million yuan, and he only claims to have over 100 million yuan in funding.
At this moment, he suddenly had a new idea: to get some new funds from Zhou Xiaoli. Since she had already invested in one project, it wouldn't be difficult for her to invest in another similar project, with the main goal of diluting investment risk.
Many professional investors in the industry use this method of placing multiple bets to increase their chances of winning.
Wang Quan was excited because he knew that Zhou Xiaoli didn't actually understand technology; she was simply trying to make money through investment.
Just like Green Energy Core Power, Zhou Xiaoli and her team mainly invested in the team that was engaged in the research and development of new energy power batteries.
If that's the case, why can't the person receiving the investment be his king?
"Oh?"
"Mr. Wang, what technological advantages do you have that would make our Miss Zhou want to invest?"
The aloof Miss Zhou remained silent, but Ye Kai, who was temporarily acting as her follower, took the initiative and asked Wang Quan a question.
"Mr. Ye, do you know what the main types of new energy power battery technologies are currently available in China?"
Wang Quan did not underestimate Ye Kai sitting opposite him. After all, according to the investigation, Ye Kai was the major shareholder of Green Energy Core Power Company, holding 29% of the shares, and his strength should not be underestimated.
In particular, recent news from investment banks indicates that Sequoia Capital and other investment banks plan to invest 100 million yuan in Green Energy Core Power in exchange for a 10% stake. This move is enough to demonstrate that the new company's technological strength has already won the favor of the capital market.
He, Wang Quan, managed to secure less than 6000 million in investment despite his best efforts, while Ye Kai's investment projects were already valued at 10 billion. It would be a lie to say he wasn't envious or jealous.
"In the field of power batteries, there are basically two main types: ternary lithium batteries and lithium iron phosphate batteries. Of course, some people are also working on sodium-ion batteries and solid-state batteries, but these are not the mainstream technology development direction."
"As for hydrogen energy technology, I feel that the technological accumulation is far from sufficient, and I don't see any hope of success for the time being."
Ye Kai was certainly no novice in this area, but there was no need to display too many talents in front of Wang Quan. It would be enough to show a little bit of his technical reserves so as not to be looked down upon.
He will inevitably have to make a name for himself in the investment world in the future, so he can't be seen as an angel investor who knows nothing.
"good!"
"It's clear that Mr. Ye is an expert and knows that BYD's technological development path actually leans towards lithium iron phosphate batteries."
"Lithium iron phosphate batteries are safer, have a longer cycle life, and are cheaper. However, their energy density is not as high as that of ternary lithium batteries, and their charging and discharging efficiency is lower."
"So under the current circumstances, if we want to get a share of the market, most of us will choose to invest heavily and work our way up in the development of ternary lithium batteries."
"I believe that Mr. Ye, your company, Green Energy Core Power, has also chosen this path, right?"
Wang Quan is an expert in technology and is also familiar with the technological development path of green energy core power.
And that is indeed the case. Everyone is now rushing into the new energy power battery track, like carp leaping over the dragon gate. The first one to rush over will become the king, while others who are a step behind can only serve as the background.
After all, this is a winner-takes-all era.
Those who dare to throw money into the game probably all believe that they are the lucky ones who will survive to the end.
"Yes, what other choice do we have?"
"Everyone knows that BYD is the absolute king in the new energy power battery industry. All we can do is bypass its technology patents and seek a new development path. What else can we do besides choosing ternary lithium battery technology?"
Ye Kai nodded, spread his hands, and looked helpless, appearing harmless.
However, he thought to himself that Wang Quan seemed rather simple, and if he could win him over, it might be a good thing for Green Energy Core Power.
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