Encounter God by chance

Chapter 287 New Project

After the establishment of Jin Zhimin's new company "GG Battery", he has been stationed in G Province.

He serves as the chairman and appoints two other directors; the State-owned Assets Supervision and Administration Commission of G Province dispatches the vice chairman and managing director. The board of directors consists of 5 people.

The proprietary technology has been tested many times and we are very confident; the main technical backbone has followed Jin Zhimin; the production process design only needs to slightly modify the design that a few people are familiar with; equipment procurement is not difficult; raw material supply It's also a buyer's market.

Special rare earth minerals have also begun to be shipped and entered the refining stage.

The factory building has been built in the provincial development zone, and some equipment has been put in place and installation has begun.

Everything went according to plan and went very smoothly.

At this time, the international trend suddenly changed: several major economies successively announced that they would change the automobile track and abandon battery cars.

They can either delay the delisting plan of fuel vehicles; or focus on the development of hydrogen energy vehicles.

Even the most famous fruit phone manufacturer, which has invested US$100 billion in research and development expenses, has also announced that it has given up its battery car plan.

In short, I don’t want to play with battery cars anymore.

No one is playing anymore, only country Z manufacturers are left. Wouldn't it be better to just have this one store and no other branches?

The fact is: they will definitely close the market door with high tariff barriers at the same time.

In other words, in the future, battery cars in country Z will only be marketed in domestic and some emerging economies.

This is obviously a united effort by international players to block Country Z’s battery car development plan.

It is said that the leaders of G Province also hesitated about the "GG Battery" project.

For a project with a total investment of 3 billion, if the product has no market prospects, the burden on the provincial state-owned assets will be huge.

Vice Chairman Wang Yibo and Managing Director Fu Tao are executives appointed by G Province. They discussed the matter with Chairman Jin Zhimin.

Wang Yibo is in his 50s and is the oldest. He asked: "Director Jin, if the follow-up funds from the province are delayed, what do you think?"

Jin Zhimin said: "If the province is not optimistic about this project, it can give up some shares and introduce third-party shareholders. You can introduce this third-party shareholder, or I can come to it, but it must be unanimously approved by both of us."

Fu Tao is about the same age as Jin Zhimin. He said: "How should Director Jin decide the conversion between share ratio and capital contribution?"

"When our two joint ventures were established, my technology was valued at about one billion, and my rare earth guarantee rights were valued at 5 million, plus 15 billion in cash. Converted into shares, that's million per share. If Province G gives up the shares, I think it will be Just use this standard to make the price.”

Wang Yibo said: "Director Jin means: the province guarantees the supply of rare earths, provides preferential conditions, and holds 16.7% of the shares. Introducing third-party shareholders to invest 10 billion, holding 32.3% of the shares. Is this what you mean?"

"That's right." Jin Zhimin confirmed.

"How sure is Director Jin of bringing in shareholders?" Wang Yibo then asked.

"Half and half," Jin Zhimin replied.

Wang Yibo nodded. Finally, he made an agreement with Jin Zhimin to wait for him to report to the superior before talking.

Jin Zhimin immediately contacted Ning Ke, told him the new situation, and asked him for help.

Ning Ke knew what Jin Zhimin meant and smiled and promised him: I'll just ask Ning Baipo to pay 10 billion.

Jin Zhimin chuckled on the phone, feeling a stone fall in his heart.

The next day, Wang Yibo went to Jin Zhimin and told him: The provincial leaders meant that if he had a ready-made partner who could finalize the contract as soon as possible, then he could recommend him and start negotiations immediately. It is best not to affect the progress of the project.

Jin Zhimin reported the name of Ning Baipo's company "Dingsheng Technology" to the other party and said that it was the second shareholder of Nimodal Company.

When Wang Yibo heard that he was a shareholder of Nimodal Company, he said nothing. He also knew which family it was.

The Ning family is not ranked high in Seoul. But in the eyes of the people in the province, it was also a family in charge of a department. No one underestimates him.

Not long after, "GG Battery" re-signed a cooperation agreement. Jin Zhimin invested 9 million + technology, changing its shareholding from 51% to 45%; Seoul "Dingsheng Technology" invested 6 million + technology, accounting for 38.3%. ;G Provincial State-owned Assets Supervision and Administration Commission guarantees the supply of rare earths, accounting for 16.7% of the shares.

Jin Zhimin still serves as chairman, and Ning Baipo serves as vice chairman. Jin Zhimin recommended former director Shao Yu as managing director. Wang Yibo withdrew and returned to the Provincial State-owned Assets Supervision and Administration Commission, and appointed another person to serve as director together with Fu Tao.

Jin Zhimin no longer had any constraints, so he simply threw off his arms and started doing it.

He asked Song Yingrong to have a secret talk and reached a tacit understanding.

He made a special trip back to Seoul and reported to his family.

The family knows how powerful the Ning family is. Seeing that the new company is basically owned by two companies, several elders unanimously decided to fully support Jin Zhimin.

Some provincial leaders greeted the Jin family secretly, and the Ning family would not remain indifferent. Therefore, in Province G, all parties involved in Jin Zhimin's "GG Company" knew very well: this company had a great background.

After the first production line was completed, it was immediately put into operation and trial production.

The first batch of products has been released and testing has been carried out in an all-round way.

Battery weight: 150kg

Battery capacity: 200 mAh/hour

Energy density: 800wh/kg

Cruising mileage: more than 1000 kilometers

Charging time: 10 minutes

Battery life: To be tested (expected to charge more than 1000 times)

……

Ning Ke originally had little interest in Jin Zhimin's new project. But Province G only has 16.7% of the shares, which is different. Because the Jin family must attach great importance to it.

So he discussed with his father Ning Wuyong and his eldest brother Ning Baipo, and mobilized them to find their uncle and unite with the Jin family to strongly support this project.

He said that the technology Jin Zhimin had at his disposal had been tested and was very advanced.

I would rather not use it and think it is feasible after thinking about it. So I went to my elder brother and got his approval.

This prompted "GG" company to quickly change the cooperation agreement and change the registration.

In order for the company to start work smoothly, Ning Ke also spent some time in Province G.

There had long been rumors that central enterprises wanted to get involved in this project. As a result, it was pushed back.

Province G is really a remote province with its own characteristics.

There are many unruly people. Dark and evil forces are also indispensable.

Ning Ke dispatched star dogs and secretly did a lot of road clearing work.

Until no one dared to have an idea of ​​​​"GG" company.

He has never been an indecisive person. All gangsters will be wiped out; all officials who harbor covetous intentions will be collected and made public with irrefutable evidence of corruption and bribery; some malicious business forces will be severely punished; some unruly people will be given pain and a long memory.

In particular, the disappearance of the evil forces not only made the cadres and the masses happy, but also frightened the remaining guys.

There is no longer anyone looking for trouble around the "GG" company.

There will be no trace of Star Dog's movements.

Many people are baffled. Many people know it well.

But no one could find a shred of evidence. Regardless of whether they are white or underworld, they all secretly exchange messages: Never provoke the "GG" company!

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