CHAPTER 311: CHAPTER 311: YIYANG AUTOMOBILE FINANCING

Chen Yiyang hadn’t yet figured out Yiyang Automobile’s positioning in the Japanese Market.

After all, Yiyang Automobile’s first car hadn’t even been designed yet.

For now, the first car from Yiyang Automobile will primarily serve the local Huaxia Market, then the Brazilian market, and finally the Russian Market.

The Japanese Market is indeed not something to expect a flood of orders from right away.

However, there is one point where Chen Yiyang disagrees with Wang Chuanfan.

Just because the Japanese Market is hard to penetrate doesn’t mean one should abandon localization efforts for it.

If Biya Mansion put a bit more emphasis on localization, its cars might sell better in the Japanese Market.

"By the way." Wang Chuanfan suddenly remembered something and asked, "I heard Yiyang Automobile is planning to seek financing?"

"Yes." Chen Yiyang nodded, "Yiyang Automobile currently has two overseas factories, and the required capital investment is significant.

However, the other three major shareholders of Yiyang Automobile are currently short of cash and unwilling to continue investing. So I plan to bring in some other shareholders."

"Biya Mansion is interested," Wang Chuanfan suddenly interjected.

This truly surprised Chen Yiyang.

He hadn’t expected Biya Mansion to choose to invest in Yiyang Automobile.

So Chen Yiyang directly said, "If Biya Mansion wants to invest, of course, I welcome it. But let me say this upfront, my personal stake in Biya Mansion will not decrease. I will inject cash proportional to the financing to ensure I maintain my shareholding."

"No problem," Wang Chuanfan was not particularly concerned about this.

"The reason Biya Mansion wants to invest in Yiyang Automobile is primarily due to its strong potential for international expansion," Wang Chuanfan explained the rationale for investing in Yiyang Automobile.

"Yiyang Automobile hasn’t even sold a single vehicle overseas yet, so how can you say it has strong expansion potential?"

"You seriously underestimate yourself," Wang Chuanfan, thinking Chen Yiyang was joking, pointed out directly,

"Not all car manufacturers can purchase factories overseas at low prices and obtain sales qualifications. Though I’m not exactly sure what your family business is, I’m well aware of the many ventures you have overseas.

Just based on your overseas network, Yiyang Automobile is worth investing in. Biya Mansion’s future growth also hinges on the overseas markets, so investing in Yiyang Automobile is very important for us."

Chen Yiyang suddenly recalled that as a local West Capital company, Biya Mansion had considerable networking in West Capital.

So Biya Mansion could definitely find out about him manufacturing ATVs in West Capital for sale to Russia and Germany.

The question is whether they also know that besides ATVs, he sold robotic dogs.

If Yiyang Automobile were permitted to enter the Japanese Market, then the initial investment would certainly not be small.

Although there’s no plan to open a factory in Japan, expenses for offline stores, advertising, and marketing still need to be spent.

Moreover, an important aspect of car sales is after-sales service.

You can’t just ignore the cars after they are sold, can you?

If customers have car problems, they need to receive timely after-sales service.

Therefore, related personnel training is also a considerable expense.

Upon confirming Biya Mansion’s interest in investing, Chen Yiyang promptly spread the news that Yiyang Automobile was preparing for financing and bringing in new investors when he returned to Lin’an City.

Now, Yiyang Automobile could be considered a star company in Lin’an City.

Moreover, Chen Yiyang himself had quite a reputation.

Therefore, the news that Yiyang Automobile was seeking financing spread rapidly, and several investors came inquiring at once.

But these investors were scattered and of small scale.

While Chen Yiyang was deliberating whether to accept small investors, an unexpected person reached out.

"Mr. Wu, what brings you here?"

Due to the other person’s notable status, Chen Yiyang left his office to welcome the visitor in the company lobby.

"It’s all because you didn’t give your old friend a heads-up, leaving me no choice but to come find you myself." Wu Changxun joked as he gave Chen Yiyang a friendly pat on the shoulder.

"You jest, Sir." Chen Yiyang quickly ushered him inside.

Sure enough, the visitor was a familiar acquaintance of Chen Yiyang, the former head of Tengxu Entertainment Department, Wu Changxun.

The reason for "former" is that Wu Changxun now serves as a senior vice president at Tengxu.

It was practically a promotion.

As Chen Yiyang personally poured him tea, he jokingly asked, "You said earlier I didn’t give you face, how exactly did I fail to do that?

If I’d heard you were coming, I would’ve rushed out without even putting on my shoes."

"A major affair like Yiyang Automobile’s financing, and you don’t even inform me? How is that not ignoring my face?" Wu Changxun stated bluntly, accepting the teacup, "That’s precisely why I’m here today."

"Tengxu is interested in Yiyang Automobile too?" Chen Yiyang was surprised that this was the reason.

Honestly, who wouldn’t be eager for Tengxu’s investment?

After all, Tengxu wields considerable traffic, able to continually channel it to other companies and offer discounts for advertising.

This is why many companies are willing to accept investment from Tengxu.

Yet when Chen Yiyang was planning financing, the reason he didn’t initially consider Tengxu wasn’t because Tengxu wasn’t interested in the new energy vehicle field, but because Tengxu had already secured a strong position in it.

Not long ago, Tengxu expanded its shares in Future Automobile, becoming its largest shareholder.

Currently, Future Automobile ranks within the top ten in the global new energy vehicle market.

With Tengxu now the largest shareholder in Future, why would it need to invest in other new energy vehicle ventures?

"Actually, what Tengxu is interested in investing in is not Yiyang Automobile, but you," Wu Changxun resolved Chen Yiyang’s confusion directly.

"Invest in me?"

"Yes." Wu Changxun sighed, casting a peculiar glance at Chen Yiyang before saying, "If I had known your rise was through such means, I absolutely would not have sold all of Tengxu’s shares in Tail Product Meeting to you back then."

In reality, it was after Tail Product Meeting suddenly made a comeback with the unique trick of live-streamed sales that Tengxu’s internal team decided to look into Chen Yiyang’s investment history.

That was easy to investigate.

Then, Tengxu’s internal team discovered that Chen Yiyang’s investment pattern was quite distinctive.

Whenever he invested in companies, they were either not yet well-known and desperately needed funds, or already on the brink of folding, no longer promising.

Yet, somehow, after Chen Yiyang invested, these enterprises either quickly rose to prominence, like Yushu and deepseek.

Or they were revived and returned to their peak, like Kuxing Coffee and Tail Product Meeting.

There are others with still uncertain prospects, such as Xiaopeng Automobile and Marte Bubble, which currently seem to have slightly favorable outlooks.