Chapter 297: One Poke and It Breaks

Chapter 297: One Poke and It Breaks

Chapter 297: One Poke and It Breaks (6k)

Yu Xing has not yet thought of a name for the car brand, but the registration process for the group company was completed in May. Because it needs to comply with naming rules, compared to Hong Kong's "Hong Kong Carbon Silicon Group", the Shanghai side has two more words to describe the industry, becoming "Shanghai Carbon Silicon Technology Group Co., Ltd."

In accordance with the regulations for the establishment of the group, five subsidiaries have been established under the Shencheng Carbon Silicon Technology Group. Based on the current and expected business development, the main ones are "Shencheng Carbon Silicon New Energy" and "Shencheng Carbon Silicon Supply Chain Management", while the secondary ones are "Carbon Silicon Investment", "Carbon Silicon Materials" and "Carbon Silicon Technical Services".

So far, the team size of the tram project is 43 people, including Yu Xing himself.

Therefore, Secretary Zhang Yangxu asked the boss with a little confusion why he registered so many companies, and the answer he got convinced him very much - "It sounds good. Carbon Silicon Group sounds better than Carbon Silicon Company."

However, compared to something like trams that seem less reliable, Zhang Yangxu still feels that the halo of a "listed company" would be more respected.

Because there is a general feeling that the uncertainty of overseas listings is increasing, whether it is Yu Xing, Bai Xiaosheng, or Goldman Sachs and Morgan, they are all working harder to sprint for the gradually dimming IPO window.

After the first week of May, Morgan and Goldman Sachs reached a preliminary agreement on the last day of this month to submit the application to Nasdaq. Considering that the SEC review cycle is generally 4-6 months, if Bai Xiaosheng can pass, it may be listed around November at the latest.

"Until November? There may be further uncertainty in these few months. Can't we go faster?"

After hearing the specific time, Yu Xing asked Smith, the person in charge of the Goldman Sachs connection.

Smith responded in fluent Chinese: "Of course, what else do you think we are doing now? We hope to complete the SEC review within two months, and then have a roadshow in one week and price the shares in one day. Mr. Yu, you may be able to ring the bell at Nasdaq as early as July."

It must be said that because part of his attention was focused on the tram project, Yu Xing had not felt too excited since the official preparations for the listing began. But when he really heard the date was so approaching, his nerves still felt a pleasant beating.

On May 5, at ten o'clock in the morning, Yu Xing finished a meeting outside and was reminded by the front desk just after arriving at the company and before entering the office.

"Boss Yu, Director Pang has been waiting in the office for a while."

Yu Xing raised his eyebrows and said with a smile: "The old man is here again."

Soon, he saw the stubborn Pang Ruiyang.

"Old...Old Factory Director." Yu Xing almost couldn't hold back, "Are you trying to convince me again?"

Pang Ruiyang was quite tall. Although he was already over sixty years old, his vigor and energy after he stood up did not look like that of his age at all: "Yu Xing, let me tell you..."

"Okay, tell me about the battery problem and the range extension issue." This was the second time Yu Xing had met this "former consultant" in the past few days. He interrupted his sermon and said, "Old Director, how about this? Since you think plug-in hybrid is the right way to go, I know Wang Chuanfu. I'll write you a letter of recommendation and you can go over there and help him."

Pang Ruiyang didn't think the phrase "letter of recommendation" was a joke coming from Yu Xing's mouth. He glared at him and said, "You know him, but I don't? He has only been making cars for a few years! I have been making cars all my life!"

"Yes, yes, first I worked at the Jinan Automobile factory, then I went to Sichuan Automobile, and then the two became one." Yu Xing naturally looked carefully at the information Xu Xin gave him, "Sinotruk was insolvent and was undergoing restructuring, and you went to Southern Automobile, oh, or should I say, to Changan, old director, I know you have a lot of experience, but to be frank, we do have different views on the industry."

Southern Auto was renamed Changan Automobile in 09.

Pang Ruiyang could tell Yu Xing was being perfunctory and angrily said, "What's your opinion on the industry? Have you ever been in the industry? Can you talk about your opinion? When I was working on chassis for Sichuan Automobile, you were not even born yet! When I was the factory director, you were still wearing open-crotch pants!"

Yu Xing was not angry, and smiled: "Old Factory Director, if you say so, then I have to express my objection. You are the deputy factory director, and I can't call you the factory director and you will be promoted to the next level by default."

Pang Ruiyang was invited here by Xu Xin several times, and was gently persuaded to leave after expressing his objections many times. This was the first time that Yu Xing treated him so sarcasticly, and he suddenly felt his hair stand on end.

However, before he could say anything, the door of the president's office was knocked repeatedly and then pushed open.

"Mr. Yu, they don't have an appointment, but they insist on seeing you." The receptionist hurried over and explained the situation with embarrassment.

Yu Xing waved his hand and said cheerfully, "It's okay. Anyone can come to my office anyway."

Pang Ruiyang felt that these words were directed at him.

Yu Xing looked at the uninvited guest. Although he didn't know him, he still stood up to welcome him and signaled to him with his eyes to explain his purpose.

"Hello, Mr. Yu, I am Ma Shaohua from Beijing Oriental Fortune Star." The leader walking in front introduced himself, took a few steps and extended his right hand.

Yu Xing didn't understand the name and the person's background. He wanted to shake hands politely, but his sensitive skin made him look back and he saw that someone was secretly holding a mobile phone in his hand with the camera facing him.

He frowned, retracted his right hand, raised his voice, and asked unceremoniously: "What are you doing here!"

Ma Shaohua was already skeptical about Bai Xiaosheng's questioning, and seeing that this "real Bai Xiaosheng" had such an attitude when they met, the smile on his face disappeared, and he asked even more impolitely: "What do you want to do?!"

"What do I want to do?" Yu Xing was really puzzled, but when he saw that the people who followed him did not hide their feelings but directly raised their mobile phones, he knew that they were not here with good intentions, so he waved to the employee who heard the voice at the door.

At the same time, his thoughts raced. Such an angry visit could mean that something went wrong during the journey...

Ma Shaohua saw that Yu Xing's face seemed to change, and he didn't respond after a word. He didn't care about the disrupted plan and said righteously: "Mr. Yu, you are a know-it-all and a gossip website, just do it well, don't mess with our new energy manufacturing that responds to national policies."

When Yu Xing heard this, he suddenly calmed down. Although he was still a little confused about the situation, he knew that the other party was related to new energy.

I thought I had been discovered after crossing the mountain.

In just a short while, the seat in front of the president's office was surrounded. The company was about to go public, and every employee did not want any unexpected situation to happen at this time, so they all looked like they shared a common hatred for the enemy.

Chairman Song Yufeng took the initiative to squeeze through the crowd and entered the president's office, standing in front of President Yu and willing to break another arm for him.

With the support of his employees, Yu Xing was more calm and tried to identify the problem again: "Eastern Fortune Star? Ma Shaohua? New energy manufacturing? What do you manufacture?"

The tram project involved many links in the domestic supply chain, both large and small. There were several piles of documents from this period alone, and he had no idea about the situation in any link.

Although surrounded, Ma Shaohua was not afraid at all. He took the document from his accomplice, swung it in his hand, and emphasized loudly: "This is Document No. 2010 of the State Council [32]. New energy vehicles are clearly one of the seven strategic emerging industries! Yu Xing, I don't know what you are going to do, but don't go against the policy, and don't listen to rumors and attack us companies that responded to the call."

As he said this, he showed the red-headed document in his hands with both hands to show legitimacy and authority.

Yu Xing frowned, not knowing what this was all about. Others also didn't know, but he had studied the so-called Document No. 32, which was issued in October last year and whose full name was "Decision on Accelerating the Cultivation and Development of Strategic Emerging Industries."

What does this go against? What does rumor attacks have to do with responding to calls?
You responded to the call, and I responded to the call too.

Secretary Zhang Yangxu had been thinking hard, and suddenly he remembered where the other party came from. It was the Beijing company that had rejected him several days ago.

He took two steps, leaned close to the boss's ear, and said, "Boss Yu, it's the company with nickel-carbon battery technology that doesn't want to see you."

Yu Xing now completely understood the situation.

But... didn't the other party want me to visit him? Why did he suddenly come to me and act crazy?

However, no matter what the other party is thinking, what he wants to take pictures of with his mobile phone, or what he wants to prove with the red-headed document, the current situation is essentially nothing more than a little liar running in front of him.

Yu Xing changed his mind, even sat back in his seat, and reached out to pick up the teacup.

As he drank the water, he thought about the other party's intentions in filming. If it unfolded normally, would it be to bribe him? To guide him with rhetoric? To edit the film to discredit him?
Well, to be honest, the Bai Xiaosheng website has offended a lot of people. WeChat has also created a Penguin. If there is an added video, I don’t know how public opinion will be guided.

Yu Xing put down the teacup and said directly: "Ma Shaohua, right? Nickel-carbon battery, right? You keep saying that I'm attacking you for new energy manufacturing..."

He asked slowly, "The problem is that the nickel-carbon battery technology you claim to have mastered has no commercial prospects at all, so what's the point of talking about new energy manufacturing with it as the core?"

Ma Shaohua used the concepts of "nickel-carbon batteries" and "new energy vehicles" to create a Ponzi scheme. He used membership fees to absorb funds and then promised high rebates.

Therefore, he put a lot of effort on the technical level in order to give the audience a fantastic description. At this moment, when he heard Yu Xing mention technology, he couldn't help but feel secretly happy. This was entering his comfort zone!
Ma Shaohua sneered, still holding the red-headed document in his hand, and shouted loudly: "What do you know about battery technology! How dare you talk about commercial prospects?! Tesla, a US-listed company and the world's leading electric car company, uses nickel-carbon batteries! We are the technological breakthrough in this battery route!"

Yu Xing naturally asked back: "That's not right, Tesla's battery supplier is Panasonic, isn't its battery a ternary lithium battery?"

Ma Shaohua was stunned, huh?
He hesitated for two seconds, then continued to shout loudly: "There's nickel in it!"

Yu Xing laughed and said, "Ma Shaohua, other people's batteries are called ternary lithium because they contain a lot of lithium. If nickel was so important, it would be called ternary nickel. You are making nickel-carbon batteries. Can your technology be the same as ternary lithium?"

The battery technology that Ma Shaohua was researching was described in high-sounding terms. He did not expect that the young man opposite him would actually talk to him about specific details. He saw that many people around him also raised their phones and frowned, saying, "We have a breakthrough in technology. Panasonic's ternary lithium battery has more lithium, and our nickel-carbon battery is an application of nickel. It has more nickel, which is a breakthrough in ternary lithium batteries!"

Yu Xing couldn't help laughing: "Oh, sorry, Mr. Ma, I remembered it wrong. The ternary lithium battery does not contain more lithium, but more nickel!"

Ma Shaohua stared at Yu Xing, feeling that he was deceiving him.

"Mr. Ma, the nickel content in ternary lithium batteries exceeds 80%. You keep saying that you are working on technology. Even an outsider like me knows this. Do you understand it?" Yu Xing asked, "Or are you just making up a concept to cheat people out of money?" Ma Shaohua felt that the direction of his communication seemed a little off. He licked his lips and said, "The nickel content in our batteries is higher than that in ternary lithium batteries. This is a trade secret. I won't tell you more."

Yu Xing nodded, wrote two symbols on the paper, and asked, "OK, Mr. Ma, let's not talk about commercial secrets. How do you write the lithium metal you use in your battery?"

"Li" and "Fe" were written on the paper. The former is the chemical formula of lithium, and the latter is the chemical formula of iron.

Ma Shaohua looked at this simple question and pointed at "Li" with a sneer: "Li is of course this, Mr. Yu, who do you think I am? I will teach you, even if you don't know someone, you can still choose the right pinyin. You read it with me, lithium, li!"

Yu Xing frowned and asked, "Are you sure the lithium metal in your battery is written like this?"

Ma Shaohua had seen the symbols before, and sometimes he even had to write "Li" on the blackboard. At this time, he said confidently, "What else? The metal lithium in the battery is not Li, could it be iron Fe?"

He not only knows lithium, but also iron.

Yu Xing nodded: "Okay, but, Mr. Ma, what if I say that there is no metallic lithium in the battery at all?"

Ma Shaohua was suddenly asked this question and his heart skipped a beat. No metallic lithium?
He thought about it for a second and rejected this argument. If not, Panasonic's battery could not be called ternary lithium.

Ma Shaohua did not give a direct answer, but emphasized: "Yu Xing, I don't want to talk to you about this kind of junior high school knowledge. I just want to tell you that gossip websites should only do gossip, and don't bring in new energy!"

"Mr. Ma, there really is no metallic lithium in the battery." Yu Xing sighed, "Don't you even know this? The lithium in ternary lithium is not an independent metal, but a metal cation."

Ma Shaohua remained calm, but suddenly he wondered in his mind, "What are metal cations?"
Yu Xing stood up, took two steps, and asked, "Mr. Ma, since you said that your nickel-carbon battery is a breakthrough in ternary lithium, then can you tell me the most basic things, what are the three elements of ternary lithium?"

Ma Shaohua slowly bit his back teeth, ternary lithium, ternary lithium...

Yu Xing walked up to the little liar and gave him a hint: "We have nickel and carbon. What is the other one? You can't answer lithium."

Ma Shaohua stared at the young man in front of him who was joking, sweat slowly appearing on his forehead. He kept silent and turned to leave.

However, the President's Office had already been blocked.

Yu Xing looked at Ma Shaohua who couldn't leave and continued to give hints: "Can't you answer? Can't you answer such a simple question? Then choose one, cobalt or boron?"

Ma Shaohua looked at Yu Xing, unwilling to answer: "Yu Xing, what do you mean? Are you still restricting my freedom? I will call the police now."

"You came to me. Everyone is filming now. This is the last and simplest question." Yu Xing said with a smile, "Dongfang Some Company, right? They have made a breakthrough in the ternary lithium battery route and are now going to make nickel-carbon batteries. So, the three elements of ternary lithium are nickel, carbon, cobalt or boron? Mr. Ma, hurry up, everyone is recording, you must know it, right?"

Ma Shaohua saw many mobile phones held in the air from the corner of his eye, and said with a dark face: "I am not responsible for technical research and development. If you want to ask technical questions, I will ask our technical director to come over."

Yu Xing said with a smile: "This is the most basic. Hey, Mr. Ma, ternary lithium, you know what the name means, right? You are still holding it to manufacture it."

It is already obvious who is bluffing.

The Bai Xiaosheng employees who were holding up their phones to take photos started to jeer, “Hurry up, hurry up, Mr. Ma, pick one. If you don’t pick one, we’ll post it on Youku! If you don’t pick one, you think we can’t tell. Don’t you know?”

Ma Shaohua was sweating on his back. It seemed that the situation would not get any better if he didn't answer. His performance in front of the camera just now was not good.

He took a deep breath. Although he didn't know the correct answer, he said calmly: "Yu Xing, what's the point of this? It's just a..."

Ma Shaohua bet lightly: "It's just cobalt."

The meeting room suddenly became quiet, with everyone looking at Yu Xing who was asking the question.

Yu Xing nodded without hesitation: "It's cobalt, yes."

Ma Shaohua controlled his urge to let out a long sigh and maintained a cold attitude: "You think I don't know about ternary lithium, you think you are making things difficult for me, I don't want to bother with you, I will tell you in the end, our company has battery technology that is on par with the international frontier, and we want to contribute to the country! Don't disrupt the overall situation, you have to take care of yourself!"

Yu Xing nodded slightly, smiled again, and asked lightly: "Okay, Mr. Ma, then, there are two yuan in the ternary lithium battery, nickel and cobalt, what is the other yuan?"

When Ma Shaohua heard the question coming again, he was stunned. Aren't there already three yuan, nickel, carbon and cobalt? How come there is still one yuan?
Wait, why was carbon excluded?

He recalled Yu Xing's question just now, "Dongfang is a certain company, right? They have made a breakthrough in the ternary lithium battery route, and now they want to make nickel-carbon batteries. So, the three elements of ternary lithium are nickel, carbon, cobalt or boron?"

Could it be that the answer is not a trap, but the question is the trap?

No carbon? No, there should be carbon, nickel-carbon, nickel-carbon, there must be carbon!
Ma Shaohua vaguely remembered that Panasonic batteries contained carbon, so he calmed himself down a bit and insisted, "Yu Xing, why are you doing this? Ternary lithium batteries contain nickel, carbon, and cobalt. What a boring trick."

Yu Xing retreated behind Song Yufeng and shook his head: "Mr. Ma, the simplest knowledge about batteries is that carbon is only the carbon-based material of the negative electrode. The three yuan in the three-yuan lithium battery refers to the nickel-cobalt-aluminum in the positive electrode material, or in other words, lithium-nickel-cobalt-aluminum oxide."

He shrugged at Ma Shaohua and said with a smile: "You should be more careful when naming things. If you call it nickel-based battery instead of nickel-carbon battery, it may be easier to identify the answer."

Ma Shaohua felt a panic in his heart. The other party spoke seriously, could it be true?

If these were posted online, would the so-called nickel-carbon battery still have any story value?

He took a breath, turned around and angrily said to Bai Xiaosheng's employees: "Get out of the way! What are you still blocking us for!"

"Stop him. I've sent a WeChat message to the police officer in our area." Yu Xing commanded, "Give the video to the police officer later to see how our little liar Mr. Ma defrauded people of their money."

When Ma Shaohua heard this, he just wanted to force his way out with the two of them.

However, the more he forced his way in, the more excited Bai Xiaosheng's employees became. In the end, all three of them were taken to the conference room to await the police's investigation.

The president's office became quiet again.

"You..." The old factory manager Pang Ruiyang watched the whole process and couldn't help asking, "Do you have any research on technology?"

Yu Xing looked at the old man's surprised expression and didn't know whether to laugh or cry: "This can't be called research, this is just the most basic."

"The most basic?" Pang Ruiyang frowned and asked, "Why don't I know this?"

"You don't deal with batteries, and you don't know what the important parts of the new energy supply chain are." Yu Xing replied casually, "I want to do this, and I will naturally know it by reading documents frequently. The liar claimed to have such technology, so he should also know the most basic things."

He took a sip of tea and said, "Old Factory Director, we both make cars. You are from that side and I am from this side. It's normal that you don't know."

Pang Ruiyang listened to these words and remained silent.

Yu Xing said again: "Ma Shaohua's thing is just a very crude scam. He talks about documents and policies and technologies that laymen don't understand. However, many scams are equally crude. This is not surprising. He is a fund manager, and the people who invest money are not looking for technology, but just for high interest rates."

Pang Ruiyang nodded: "Do you still have the energy to study things in the supply chain?"

Yu Xing had to emphasize: "This is basic, basic. You don't need to study it. You will know the basic things by looking at it more. However, we need to start with the supply chain when making electric vehicles. Only by contacting it can we understand it, and only by understanding it can we do it well. It is not only about quality, but also about cost."

He laughed again and said, "We are honest in making cars, so we are clear, but he is dishonest in making cars, so he is confused."

Pang Ruiyang looked at the young man in front of him, thinking about his performance and thoughts, and said slowly: "It seems that there is indeed something new here, so I will come over and try it."

Yu Xing looked at the old factory director in surprise.

Pang Ruiyang reached out and picked up the teacup.

Yu Xing was surprised and asked: "Old Factory Director, it's not you who interviewed me, it's me who thinks you are not good enough, don't force yourself."

Pang Ruiyang swallowed the tea in his mouth, spat out the tea leaves stuck to his lips twice, and in a rage, he swallowed them directly into his stomach.

He put down the teacup and said in a deep voice: "I will force myself! Xu Xin told me so! I'm not in the way!"

Yu Xing hesitated for a while and said, "Okay, then you can go out."

Pang Ruiyang frowned and asked, "Where are you going?"

"Find a place to sit. This is the CEO's office." Yu Xing pointed at the table. "Do you think anyone who comes here to make up the numbers can come in and disturb me?"

Pang Ruiyang stared at Yu Xing, stood up angrily, walked out of the president's office, and started looking for him!
(End of this chapter)