Hexagonal God

Chapter 503 Valuation of Drinking Water Plant

When Su Mo got out of the car and saw Ning Shenghua, he immediately walked over a little faster.

"Uncle Ning, sorry to have kept you waiting."

"Hey! We're a family, so let's not talk about two sides. There's no such thing as a long wait. But my wine has been waiting for you for a long time, haha!"

As a business tycoon, Ning Shenghua is also very good at language skills, and his humor can bring people closer together.

Su Mo also smiled: "Uncle Ning will have to spend a lot of money today. Not only can I drink, but my team are also talented at drinking. I wonder if the wine Uncle Ning prepared is enough?"

"That's enough! Not only that, but my team of wine companions are all ready. Come, let's go inside and talk."

The villa was big enough for Su Mo, Ning Shenghua, Ning Yan's mother, Ning Yan, and several relatives from the Ning family to sit at the same table.

Team members from both sides were allowed to drink as much as they wanted and work could be discussed tomorrow.

Today we had Shanghainese cuisine, including eight-treasure duck, poached chicken, braised catfish, braised pig's trotters, crystal shrimp, vegetarian crab roe, casserole fish head with fermented rice wine, steamed shad, etc., which filled a large table.

When Su Mo saw these Shanghainese dishes, the first thing he thought of was that his captain might fail in his weight loss attempt.

After we sat down, boxes of Feitian were brought up.

Although red wine is good, it is more authentic to drink white wine when eating Chinese food.

Ning Shenghua said nicely that he would drink heartily, but under the supervision of his wife and the other women, he controlled himself and did not dare to drink too much. After three glasses of white wine, only juice was left.

Su Mo drank a little more and also had a few drinks with some relatives of the Ning family. In total, he drank about a bottle and a half.

Fortunately, he could drink a lot, but under the caring looks from Ning Yan, he finally put down his glass.

Forget it, those relatives are already drunk, if we continue, someone will lose control.

Ning Shenghua couldn't help but sigh while drinking juice.

"Xiao Mo, your drinking water plant is incredible. Especially the sales of over 100 million bottles a day just two days ago, it shocked the industry. If you go public at this critical juncture, the valuation won't be low."

Before Su Mo could say anything, Ning Yan, who knew all about Su Mo's information, spoke up, even boasting a little bit when talking to her father: "Dad, this isn't the hottest season yet. By July and August, the sales will increase a lot."

Ning Shenghua glanced at the little cotton-padded jacket that was already showing signs of turning its elbows outward, and sighed slightly in his heart.

Girls can’t be kept at home when they grow up. It’s almost time for my daughter to get married!

But he didn't show it on his face. Ning Shenghua continued, "Yan Yan is right. And this is just the domestic market. When you start to expand into the international market, your water plant will be truly amazing."

Su Mo thought for a moment: "According to uncle's estimate, what is the preliminary valuation?"

"This involves a lot of issues, requiring investigation, demonstration, capital verification and assessment. Today, we're family and we're not so hesitant. Based on my experience, it's at least 120 billion!"

It is rare in the world to find companies that can get this number in the A round. Once they are successfully listed, they will definitely be among the Fortune 500 companies after the B round.

After Ning Shenghua finished speaking, Su Mo did not look very excited.

One hundred and twenty billion is already a lot, and Su Mo is not unhappy. The key is that he has become a little numb to money.

One hundred and twenty billion and two hundred and twenty billion, the difference is just a number, what's the big deal.

Ning Shenghua couldn't help but admire Su Mo secretly when he saw this, and asked him how many original shares Su Mo planned to release.

"30%, right? It can't exceed this number. In order to ensure absolute control after the B round, I must at least retain this number."

As soon as he heard Su Mo's words, the worldly-wise Ning Shenghua knew that Su Mo had absolutely no intention of handing the business over to others in the future.

In the B round, absolute control is also required, which means retaining at least 51% of the shares.

This means that in the future, Su Mo will still be the chairman of his company and can still have the final say.

Unlike some corporate bosses, after several rounds of financing and share expansion, they simply sold their companies and retired with a large amount of money.

This also indirectly shows that Su Mo has absolute confidence in his company and is absolutely responsible.

However, Ning Shenghua has confidence in Su Mo's drinking water plant, but he has little confidence in his other company, the electric car factory.

"Xiao Mo, I've visited your electric car factory twice. Construction is progressing very quickly, and it's taking shape now. It's very large and close to the port, which will be very convenient for both export and freight transportation. But isn't the competition in this industry too fierce?"

"Uncle, are you referring to the Korean auto show?"

"Yes, I didn't pay much attention to the electric vehicle industry before, but recently, thanks to you, I've learned a little bit about it. Some friends in the industry told me that the most critical part of an electric vehicle is the battery. As long as the battery is good, the electric vehicle is halfway to success. Currently, South Korea has developed advanced lithium battery technology, and their advertising is not exaggerated at all."

"As for the solid-state batteries you're working on, a friend in the industry told me that the global concept of solid-state batteries is still at the conceptual stage. Although he didn't say it too bluntly, I can tell that he's not optimistic about your idea."

Su Mo nodded gently. "Uncle is right. If I were in the same industry and saw others trying to do something that I wouldn't even dare to think about, I would of course sneer at them. This is a normal mentality, and it's a theory based on their own self-awareness, professional learning, and so on. It's not surprising."

Ning Shenghua was a little stunned: "Are you really confident that you can do it? How many years do you think it will take?"

Su Mo smiled and said, "Maybe it won't take that long. I'll go to the manufacturer tomorrow to see what they've done."

Ning Shenghua was a little bit unbelievable. Go and see it tomorrow?

What are you looking at? A construction site or an unfinished production line? Perhaps your factory hasn't even designed a car shell yet?

How could he know that Su Mo had already started a production line and was concentrating on building a car first.

Now the construction outside and the manufacturing inside are carried out completely simultaneously.

Last night, Su Mo spoke with the people from the electric car department. The car has been basically completed, but there are still some technical problems with the battery, and they are in the final stage of overcoming them.

Once conquered, it can be completed within a day.

This technical problem was the pit that Su Mo had dug for the researchers, making the battery manufacturing process less smooth and less abrupt.

Now that I'm here, this technical problem should be solved.

So he will go there tomorrow to solve this problem and get the car out before May Day.

As for what he wanted to do with this car, Su Mo had a comprehensive plan, but he just couldn't tell Ning Shenghua directly.

For now, let’s focus on getting the company listed first.

That night, Su Mo stayed at the Ning family.

Moreover, he entered Ning Yan's room openly. Since they had already slept together, the Ning couple had come to terms with it and decided to let him live with Yan Yan.

You can't stop it, so why do it secretly?

I have to say, having sex with Ning Yan is indeed an ultimate experience.

Ning Yan has the highest inner score and can bring men the most extreme pleasure.

Although she looked delicate, she actually had a strong endurance, and could at least feed Su Mo half full.

A short separation is better than a new marriage, and the fierce battle continued until the second half of the night.

It was not until the gifted Ning Yan could no longer bear it that the two fell into a deep sleep.

No, only Ning Yan was drowsy. Su Mo was still in good condition. He even went out for a run the next morning.

After coming back from exercise, taking a shower and having a meal, Su Mo put aside the preparations for the listing and drove to the electric car manufacturer in the FX district.

Walking on the streets of Shanghai, Su Mo listened to the car radio and heard an advertisement about Korean electric cars.

Jiang Zhenyu, a racing driver from South Korea, has come to Shanghai in person and will test drive the car during the auto show to show the superiority of his car to the audience in Shanghai.

The pre-sale of the car has attracted the attention of a large number of car fans. On Hyundai Motor’s official website, the number of Chinese people who have filled out pre-order intentions has reached 700,000!
By the time of the auto show, this number will increase, and it is estimated to be over one million.

Su Mo even heard the speech of Zheng Junxi from Hyundai Group on the radio.

He is mainly responsible for this auto show in China.

Many people in China are familiar with the name Zheng Junxi, because he was the boss behind the scenes when the Chinese national football team played against them before, and he was one of the people who apologized on the spot.

Zheng Junxi became a laughing stock around the world at that time. Everyone thought that he would not have the nerve to come to China again.

But I didn't expect that he would make a comeback so soon and even brought new cars.

Seeing the hot pre-sale situation, Zheng Junxi confidently accepted the interview with the reporter.

The interview was not simple, at least the host had the intention of stirring up trouble.

Although the reporter did not mention the football match, he did ask Zheng Junxi about his opinion on the electric car factory that Su Mo had set up in Shanghai.

Zheng Junxi had the opportunity to release all his resentment and humiliation at this moment.

During the interview, he directly criticized Su Mo's electric car.

"I heard he invested 10 billion yuan in his electric car factory. This reminds me of a Chinese internet saying: 'Stupid people with lots of money.'"

"Solid-state batteries are still at the theoretical stage, yet he dares to pursue them with such fanfare. It's simply impossible for them to succeed in a short period of time."

"Whether solid-state batteries can be developed in the future is still a long way to go. At least for now, the era of lithium batteries has arrived."

"Regarding Su Mo's actions, I can only give him one word."

"Come on! The future is yours!"

"And now it's mine."

Zheng Junxi thought he ended the interview in a humorous way and also let out some of the anger in his heart.

Su Mo heard the interview and just sneered and turned off the car radio.

Go ahead and show off. I'll let you show off for a few days. When the auto show starts, you won't be able to show off anymore.

(End of this chapter)