In the financial market, there is a valuation standard for enterprises across all industries.
For manufacturing, low-end valuations typically have a PE of 15-20, while high-end ones can reach 35-50 PE.
Unlisted companies usually have slightly lower valuations, but as a sunrise industry, giving Flash Mobility Technology a PE of 20 times is not excessive.
According to the plan, Flash Mobility Technology, after the industrial base is built, will have the capacity to produce 1 million electric vehicles annually.
Considering the development trend of the electric vehicle industry, an annual output of 1 million might not even be enough in a few years.
To some extent, this annual output of 1 million units can even be considered annual sales.
Calculated at Flash Mobility's current lowest ex-factory price of 1550 yuan, the annual sales revenue can reach at least 1.5 billion yuan.
Considering the fierce market competition and the risk of declining gross profit margins, with certain discounts, Flash Mobility Technology's annual profit can be estimated at a minimum of 300 million yuan.
With minimum annual sales of 1.5 billion and profits of 300 million, it's already considered a dominant force among private enterprises.
What's more impressive is that Flash Mobility's payment cycle is only one month.
As a physical manufacturing industry, such a payment cycle demonstrates first-rate risk resistance.
Therefore, if it goes public, its valuation will reach a significant height.
"So, if we fully support the Flash Mobility Electric Vehicle Industrial Park project, how can we maximize the district's benefits?"
"You also said that this young man comes from a clean background, and his path to success is clear and transparent, without any issues. Presumably, you've considered this?"
Facing inquiries from a higher-level leader, Leader Gu nodded and said,
"That's right. It's precisely because we saw the prospects of this project that we conducted an investigation. Otherwise, there would be no need for this. We still need to gather some relevant information about the project's lead."
"Flash Mobility Technology's current equity structure is very simple. Like Jinyi Industry, 2% is under Tan Lihua, Tan Jincheng's father, which in essence means Tan Jincheng has full control."
"I'm thinking, if the district is to support this major project, could we take a stake using land resources or even newly built factory buildings? The stake doesn't need to be too large. Firstly, it expresses our supportive attitude, and secondly, if it goes public in the future, the district can also benefit."
Boss Gu clearly wants to maximize the benefits of this major project he encountered during his tenure, securing his own future.
Otherwise, there would truly be no need to privately investigate an investor, which sounds somewhat unreasonable.
There are no walls that can keep out the wind.
Tan Jincheng invested almost all the money he earned in Beicang into Flash Mobility Technology.
If word gets out that you secretly investigated him, and there are no benefits, this young man might get angry and even move his company away.
Therefore, a reasonable explanation and benefits must be provided.
Using land resources and factory buildings as capital contributions to reduce his cash flow pressure is the best approach.
You want 150 mu of land, right?
We can provide it.
You can also choose the location, and we can be responsible for building the factory.
You won't need to spend a single cent, only a very small share in your company, and it won't affect your business strategy.
Furthermore, we can even address the 200 million investment amount you promised through preferential loans.
With a series of preferential policies and absolute support from the local government, even if you know about the private investigation later, it will be harmless in the face of absolute benefits.
"Then how much equity do you think is appropriate? If we consider their company's designed production capacity and future valuation, we really can't get much equity from just the land and factory buildings."
"We can discuss this with him. I believe he won't refuse this kind of cooperation. Or, we could also invest a little under the name of the urban development investment company. Flash Mobility Technology's payment cycle is only one month, so this investment has great prospects."
"Indeed, this young man's business approach is quite good. The cash flow of his several companies is very healthy."
"Yes, he's a very talented young man. He operates his trading company with light assets, focusing only on profits, and yet he can manage heavy asset physical industries so well."
"So you're very optimistic about him, aren't you?"
"Yes, I'm quite optimistic about him. This young man has considerable ambition. I believe his project proposal would be very attractive anywhere. Don't forget, his current factory buildings are all rented, and although he bought a house in Beicang, he's currently still renting."
The top leader frowned.
Yes, this project proposal is very attractive anywhere.
If he took it back to his hometown, let alone 150 mu, if he dared, 1500 mu would be no problem.
The most important thing is that this young man, whether intentionally or unintentionally, has barely acquired any property in Beicang for over a year.
That house is practically a joke compared to his current net worth.
What's more astonishing is that his partner is the same.
Are young people today so level-headed?
They earn money and don't even think about splurging.
He now has money, he has customers, and he doesn't lack the resources to start.
If his demands aren't met, he could really move his equipment at any time and seek opportunities elsewhere.
"It seems like he's asking us to approve land, but it feels like the initiative is still with him,"
the top leader said with a helpless smile.
Since it was a private report, both sides weren't too serious, and the conversation was quite casual.
Leader Gu also smiled helplessly, having clearly considered this issue; it's hard to say what might happen if the young man became displeased.
Coastal areas have good conditions and complete supply chains, but that doesn't mean he must choose Beicang.
He could go elsewhere, just like Xinday moved to Jiangsu Province.
What if he also moves?
"Alright then, let's arrange a meeting tomorrow for a collective discussion. Once the results are out, I'll have someone set up a meeting with him to talk. I also want to see what 'young and promising' truly means."
"Okay, I'll leave it at that then. I won't disturb your work, leader."
The top leader nodded, a look of satisfaction in his eyes.
The person before him was capable; the previous projects he was responsible for had good results, and this time he sensitively seized an opportunity.
If managed well, it could be a multi-billion yuan project.
The entire process had been reported before.
A simple land approval application allowed him to discover a major future project, even going so far as to conduct private investigations.
He truly is a person who dares to think and dares to act.
Beicang District's current economic environment mainly relies on its port.
Although there are many large enterprises locally, sunrise industries like electric vehicles, which are strongly supported by national policies, are still a blank slate.
If a project can be established, it would indeed greatly benefit the regional economy.
As people's living standards continue to rise, the demand for short-distance travel naturally increases.
The future electric vehicle industry will definitely be more than just a tens of billions level.
Moreover, if port resources are leveraged to develop the electric vehicle export route, the future is limitless.
Within a few years, having another listed company in the district might not be a difficult task.
This project must not only proceed but also quickly, striving for rapid investment and construction.
With the district's assistance, Flash Mobility might have a chance to compete for a leading position in the early stages of industry development! At that time, the district would have another domestic industry leader!
Looking back at the development history of two-wheeled electric vehicles in China, 2003 to 2004 was a turning point.
Before the implementation of the new Road Traffic Safety Law on May 1, 2004, electric scooters could only secretly be on the road.
With the implementation of the new traffic regulations, electric scooters embraced historic opportunities.
In 2004, the total national output of electric scooters was only 6.76 million units.
However, by October this year, production capacity had already exceeded 10 million units, almost double that of last year, showing how fast this market is developing.
The industry is facing unprecedented policy opportunities, and one of this year's hottest brands has emerged in the district.
If such a historic opportunity cannot be seized, then talking about attracting investment is pointless.
More importantly, this young man has this ambition, and if the district cannot meet his conditions, some unexpected things might happen.
It must be said that this young man indeed has vision and audacity.
Despite limited production capacity, he dared to spend heavily to invite celebrity endorsements, instantly establishing brand influence and making people remember the brand through advertising and marketing strategies.
It was the first brand in the entire industry to use celebrity endorsements, the first manufacturer to advertise on satellite TV channels, and its online marketing tactics were incredibly diverse.
In such marketing circumstances, insufficient production capacity surprisingly became an advantage.
What was that saying called?
Oh, right, "hunger marketing."
It's said that their company's supplier customer service hotline is bustling every day, and orders are already scheduled until next year, creating a very sought-after impression.
Amidst so many established market enterprises and new contenders, they forcefully carved out their own niche.
Their business tactics were steady, accurate, and ruthless, akin to a wild punch taking down an old master.
"Young people are agile-minded and have many tricks when doing business,"
the top leader secretly chuckled.
However, in terms of business model, this young man truly operates with integrity.
Tax issues for several companies are handled very well.
What's more rare is full employee social security; currently, apart from introduced foreign enterprises, few private companies in the district can achieve this level, which is certainly commendable.
The top leader's eyes flickered, and after a moment, he called out to the outer room:
"Xiao Li, come in for a moment."
Secretary Xiao Li heard this, instinctively picked up the notebook on the desk, and quickly walked into the inner room.
"Leader, are there any arrangements?"
"Is there any time I can squeeze out of my recent schedule?"
The leader's secretary naturally knew the schedule by heart, but still carefully flipped through the notebook, pondered for a moment, and then deliberated,
"There's a short meeting next Friday morning, about an hour to an hour and a half. The time between the end of the meeting and before afternoon work is free."
"Cancel the meeting. Arrange for a visit to a company called Flash Mobility Technology in the district next Friday."
"Understood."
Xiao Li quickly jotted it down.
"Flash Mobility Technology?"
(End of Chapter)