章 71: Am I cutting off my hair?
Ye Cheng stared at He Yiping. Will this person have anything to do with Jinyi Group's new battery technology in the future?
Is it possible to speculate on that?
He Yiping developed a new type of battery technology, sought investors, and hit a wall everywhere. By chance, he met Chen Yenong and invested in this new type of battery technology.
There is no such possibility.
Although secrets circulated on the Internet in the past, Jinyi Group had already conducted research on new battery technology. Who knows whether it is true or false?
Perhaps Jinyi Group itself has a plan to enter the new energy field and then happens to acquire the new battery technology developed by He Yiping.
"If that's the case, did I cut off Lao Chen?" Ye Cheng murmured to himself.
Without this new battery technology, Lao Chen would not have faced the tragedy two years later.
But if you take over and invest yourself, wouldn't you be in danger?
Such a groundbreaking technology, the potential benefits it holds can only be imagined.
With his limited resources, it is absolutely impossible to maintain the results.
Even Lao Chen couldn't do it.
He knows his limitations, and compared to Lao Chen, he is at least two grades behind "083.".
People's financial strength, personal connections, and interest groups established in the fields of politics and business are extremely formidable.
And he was just fooling around.
There is no comparison at all.
Ye Cheng would be better off staying away.
But at this moment, he hesitated.
Because he knows that just because he can't do it now doesn't mean he can't do it in the future.
When the system is activated, who says he won't have this strength?
It just takes time.
"However, what I have to do now is verify that what He Yiping said is true and not just boasting," Ye Cheng thought to himself.
If it's just boasting, then I'm thinking too much.
"Mr. He, how do you verify your achievements? You can't just say it in vain?" Ye Cheng laughed.
"Mr. Ye, I am developing a new set of lithium-ion batteries at home. Although the manufacturing process is not refined, it is rather crude and heavy, and it cannot achieve more than five times the energy density. However, it still provides more than twice the effectiveness. If you have time, I can take you to test it and witness the results," He Yiping said.
"Mr. He, where do you reside?" Ye Cheng inquired.
"Mr. Ye, I live in Gongcheng," He Yiping replied.
Ye Cheng glimpsed hope in He Yiping's proposal. If he could secure Ye Cheng's investment, he would have the financial means to further his research. He had depleted his family's wealth in pursuit of this battery technology, even resulting in his wife divorcing him. Moreover, researching battery technology proved to be exorbitantly expensive. The funds required to enhance this new battery technology were undoubtedly substantial.
"Alright, let's head to Gongcheng," Ye Cheng agreed.
He was elated, sensing that the opportunity was within reach. He was confident that he could persuade Ye Cheng once he saw the potential.
Many doubted He Yiping's claims due to their lack of substantiation. However, Ye Cheng was known for being a man of his word. That same day, he accompanied Fei Wei and He Yiping on the high-speed train to Gongcheng.
As it grew late, they spent the night at the Gongcheng Hotel and rented a local car the next day to drive to Ronggui County, He Yiping's hometown.
He Yiping's repair shop stood on the outskirts of the county, a two-story self-built house adjacent to the national road. Due to the hazardous nature of battery research, he had chosen to establish his repair shop here.
Upon entering the house, it became evident that it was not as disorderly as one might imagine; instead, it was neatly arranged. He Yiping could hardly contain his excitement as he prepared to present his research findings to Ye Cheng.
This is a battery with a pentagonal structure that looks unique, which is a little different from the traditional battery.
How to connect the line with the flat edge, explain it, and then use the instrument to test.
Ye Cheng probably understood.
After the battery is fully charged, it can be placed on a motor to test the power consumption.
There is also a group of lithium-ion batteries with the same power for comparison testing.
"Next, will you keep it?"
Ye Cheng asked.
"Right."
He Ping nodded.
After more than an hour, the conventional lithium-ion battery pack ran out of power, and the electric motor went out of action.
Judging from the display on the detection panel, the pentagon-shaped battery pack only consumed 39 percent of the power.
It took more than three hours for the new battery pack to run out of light.
After eating lunch, He Yiping pointed to the two sets of batteries and said, "Mr. Ye, in addition to the large difference in the capacity of these two types of batteries, the charging efficiency will also be much higher, and a larger current can be used, basically. Charging will be more than twice as fast.
Then he started charging experiments again.
After watching the experiment, Ye Cheng did not rush to agree to He Yiping's investment, nor did he go back directly. Instead, he stayed in Ronggui County and began to search for popular science materials about lithium-ion batteries.
No way, he couldn't be completely sure whether the battery test He Yiping did was 100% true.
Are people cheating?
Ye Cheng, who is blind in this field of knowledge, can't judge at all.
Therefore, he can only rely on self-study.
As for why not spend a lot of money to hire a few professionals in related industries... Or forget it; if the verification is true, wouldn't it expose this disruptive new battery technology?
So, he would rather spend more time.
This is more secure.
In this way, Ye Cheng stayed in the hotel in Ronggui County for more than a week and finally figured out the relevant knowledge points about lithium batteries.
He is now basically certain that He Yiping's new battery technology is absolutely disruptive.
With the existing battery research and development technology, it is not very difficult to increase the unit energy density of the battery. However, the danger is very high, and the higher the density, the more uncontrollable it is.
Therefore, the current battery technology has almost reached its limit, and the utilization rate of electricity storage can only be increased by aspects of material technology and so on.
Such a large increase in energy density as He Yiping's is completely impossible.
"He Yiping in the previous life should have found Chen Yenong, and only then did the follow-up development change...
Recently, Ye Cheng saw a news headline stating that Chen Yinong of Jinyi Group participated in the ribbon-cutting ceremony of a major project in Shancheng a few days ago.
Since Chen Yinong has been in the mountain city during this time, He Yiping is likely to go there to find Chen Yinong.
Ye Cheng sighed. He didn't expect his luck to be so good that he would actually stumble upon this hugely influential new battery technology.
At the same time, it also mitigated the significant risks to Lao Chen's future.
However, the trouble fell on Ye Cheng.
How do I deal with it?
Ye Cheng is determined to obtain this disruptive battery technology.
However, he must minimize the risk.
"Old He, you should know the potential of this battery technology. If I invest, how will the benefits be divided?
After Ye Cheng made a decision, he found He Yiping and began to discuss the investment.
"Mr. Ye, I only need to have enough funds and a team to conduct follow-up research. As for the issue of shares, it depends on President Ye's preferences."
Heping smiled.
"Old Otherwise, I will register a new energy battery company, and this company will own the emerging battery technology you are studying. You can invest in technology, and you can choose between two equity options. The first is fixed equity, meaning that when the company raises capital in the future, your shares will not be diluted, and the second is normal equity, which will be subject to dilution."
Ye Cheng began to explain, "In the first case, I can only offer you a 5% stake in the technology. You will maintain a fixed 5% stake, regardless of how the company develops in the future. I believe that with this battery technology's strength, our company will definitely grow into a super-giant worth trillions. In that case, even with only 5% of the technology equity, you will become extraordinarily wealthy with tens of billions of dollars. In the second case, I hold 60% and you hold 40%, but it will inevitably be diluted in the future."
"Mr. Ye, anyway, I am not familiar with financing matters like 1.8. It's better to choose fixed equity; at least 5% will not decrease," He Yiping decided without hesitation.
Though it's only a 5% equity stake, it's guaranteed.
He knew the potential of his new battery technology was undoubtedly disruptive.
As long as there's a possibility of holding a five percent stake in the future company, it's entirely worthwhile.
Even though Ye Cheng holds a 95% stake, without Ye Cheng's funding, his battery technology may never have the opportunity to be launched.
In the past six months, he has traveled to too many places, almost losing heart.
Fortunately, Mr. Ye recognized the hero, believed in his words, and gave him hope.
So, he is deeply grateful to Ye Cheng.
Compared to equity, he hopes his research results will have the chance to be showcased to the world.
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