Entering new energy vehicles, Yao Zhenhua fights Dong Mingzhu

Recently, Dong Mingzhu is a topical person. It is well known that she is the first in the world of Gree air conditioners. The Gree first and second generation mobile phones that she launched in the past few years have been quiet in the market, but she has always been obsessed with the production of mobile phones. The mobile phone is called the color series. Now, Dong Mingzhu has once again realized his dream of never giving up - building a car!

There are no friends forever in the business field, and the eternal interests still exist. The battles of the major giants are to be willful and arrogant.

Entering new energy vehicles, Yao Zhenhua fights Dong Mingzhu

Entering new energy vehicles, Yao Zhenhua fights Dong Mingzhu

Just at the critical moment when the net red Dong Mingzhu is pushing the dream of new energy vehicles into reality, Yao Zhenhua, the head of Baoneng Group, also announced a high-profile expansion into the field of new energy vehicles, from capital operation to “real business”.

On October 19, Baoneng Group signed a project cooperation framework agreement with Fuyang District Government of Hangzhou, with an investment of 14 billion yuan. It is about 3,000 mu in Luoshan, Lingqiao, Jiangnan New District, Fuyang District, for the production and testing of new energy vehicles. , research and development, headquarters buildings and motors, batteries, electronic control "three power" and other supporting core parts production. The rumor that the Baoneng Group entered the car was finally confirmed.

I have to admire Yao Zhenhua's sensitive sense of smell and business acumen: it is not easy to make money in the capital market under strict control. If you are not careful, you may plant it, or even pull out the radish to bring out the mud. The national policy actively promotes and seriously encourages, the new energy vehicles have just started, everyone has equal opportunities, the policy has been liberalized, and within the scope of support and encouragement; the double-point system and the ban on production prohibition have all made new energy vehicles stand up and become China's next largest gold mine, business opportunities are highlighted. This once-in-a-lifetime opportunity, Yao Zhenhua certainly does not want to miss.

Looking for the next money-making outlet is the driving force and original intention of Baoneng Group to enter new energy vehicles. When Yao Zhenhua’s boots fell, he stepped on the minefield of Dong Mingzhu. The two enemies once again had a life intersection and began to confront each other. In the future, the war will become more and more exciting and become more and more exciting.

New energy vehicles are one of Dong Mingzhu's biggest dreams in his career and may be the last dream. Although Gree refused to help Dong Mingzhu to dream, but it did not give up, but relying on one's own strength, the overlord hard bow, La Wanda Wang Jianlin, Jingdong Liu Qiangdong, East Norse borrowed, plus self-sufficient pockets, raised thirty More than 100 million, to Zhuhai Yinlong, become its shareholders. With the appearance of Zhuhai Yinlong New Energy Vehicle, Dong Mingzhu is dreaming come true.

Yao Zhenhua is one of Dong Mingzhu's many families. In 2016, Yao Zhenhua, a “capital crocodile”, took a sneak attack on Gree Electric, which had excellent performance and scattered shares. However, this move was strongly attacked by Dong Mingzhu. Dong Mingzhu publicly angered Yao Zhenhua as "a sinner who destroyed the industry." Later, Liu Shiyu, the chairman of the China Securities Regulatory Commission, endorsed Dong Mingzhu, angering the capital to intervene in the industry as "devil, harming people." Then Baoneng Group was punished, and Yao Zhenhua wanted to become the broken dream of Gree Electric's “barbarians”.

But now it seems that the grievances of Yao Zhenhua and Dong Mingzhu did not stop, but extended to the field of new energy vehicles.

Young multi-gold VS industry experience: Who will win?

To be an industry is Dong Mingzhu’s strength. Controlling Zhuhai Yinlong, which is in the same place as Gree Electric Appliances, Dong Mingzhu has the advantages and convenience of Tianshidi, and Dong Mingzhu’s personal tenacity, perseverance, understanding of business, and the experience of controlling the business, Zhuhai Yinlong The possibility of becoming bigger and stronger is great.

Of course, Yao Zhenhua is also a genuine diamond drill. Compared with Dong Mingzhu, its advantage lies in the young and gold. Yao Zhenhua was born in 1970. He is 47 years old this year. He is in the golden age of making a strong career. In the era when Yao Zhenhua was born, Dong Mingzhu has already joined the work. Dong Mingzhu has been in his 60s this year. Years are not forgiving, this age of women, and then strong, there is a sense of old-fashioned. Moreover, Yao Zhenhua is very rich. According to relevant statistics, Baoneng Group has a net asset of more than 120 billion and a market value of more than 500 billion yuan. These are the capital that Yao Zhenhua can mobilize. It is his own money. If the policy allows it, he can do it by himself. What do you do? Although Gree Electric also has money, there are more than 100 billion in cash lying on the account, but that is the money of Gree Electric. Although Dong Mingzhu is the chairman of Gree Electric Appliances, the amount that can be controlled is quite limited. The purchase of Zhuhai Yinlong is rejected by Gree Electric. A clear signal: In Gree, it is not what Dong Mingzhu wants to do.

The determination of this man and a woman, two economic powerhouses to be new energy vehicles, is hard-wired. Dong Mingzhu’s new energy vehicles have already come out, and there is no need to doubt this. And Yao Zhenhua is also moving the real thing. In addition to building a factory in Fuyang, there is quite a lot of evidence to prove that he wants to do a lot in the automotive field.

Yao Zhenhua has a unique passion for the automobile industry. His dream has been for a long time. As early as ten years ago, the Baoneng Automobile Building was built in Shenzhen. It is only a few hundred meters away from the headquarters of Baoneng Group. According to the industrial and commercial registration information, Baoneng Group registered and established Baoneng Automobile Co., Ltd. on March 20, 2017 with a registered capital of 1 billion yuan, of which Shenzhen Baoneng Investment Group Co., Ltd. holds 99% of shares. Shenzhen Baoyuan Logistics Co., Ltd. holds 1% of the shares, and its business scope covers the manufacture and repair of automobile vehicles. In addition, it is rumored that Baoneng Group plans to invest 6.5 billion to acquire a 51% stake in Qoros Auto, which is undergoing a transition to new energy vehicles due to poor performance. According to relevant news, “the deposit of 1 billion yuan has already arrived”.

There is one thing, perhaps more careful and fearful, highlighting "Yao's big ambition." That is, he plans to invest 80 billion yuan in Shaanxi to build large projects including technology industrial parks, logistics and finance. Shaanxi Science and Technology Park is used to dry up? If I read the article here, even if I don’t point out, everyone’s spectators are already in the picture. This technology industry park does not include the idea of ​​creating a popular ecosystem.

In this way, Yao Zhenhua is ready to invest hundreds of billions of dollars in new energy vehicles.

Yao Zhenhua is an ambitious and adventurous entrepreneur. Wang Shi’s Vanke dared to do it. Dong Mingzhu’s Gree Electric Appliances dared to do business. In China, there is no such thing as Yao Zhenhua does not dare to do.

Do business, big pattern, big risk, big return.

Yao Zhenhua has entered the new energy vehicle and really has a lot to watch. There are Dong Mingzhu, Yao Zhenhua is there, and China’s new energy vehicles will definitely be wonderful and good.

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