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"Don’t ask about this, just help find out. If there’s sothing suitable, let know."

"Okay." Zhang Yuling heard that Chen Yiyang didn’t plan to tell her the truth, so she didn’t ask further.

Because in recent years, Beijing City has been vigorously supporting new energy car manufacturers.

So Zhang Yuling quickly found a suitable car manufacturer and brought the information to Chen Yiyang.

"Da Vinci Automobile Manufacturing Company?" Chen Yiyang saw the na of the car manufacturer on the docuntation and asked sowhat strangely, "Is this a foreign enterprise?"

"It’s not foreign." Zhang Yuling explained to Chen Yiyang, "It’s a car manufacturing subsidiary under Didi Chuxing Company."

For many large enterprises, the new energy vehicle sector is a blue ocean full of opportunities.

Although initially, many companies declared that they resolutely wouldn’t make cars or enter the automotive field.

Soon, however, these large companies couldn’t resist stepping in.

Especially so publicly listed companies. To them, if they can truly innovate in the automobile sector, that would be greatly beneficial to their market value.

Didi Chuxing had this thought too.

Thus, only three years after announcing their firm decision not to manufacture cars.

Didi Chuxing ventured into car manufacturing, creating the Da Vinci sub-brand to start attempting to make cars.

At its peak, Didi Chuxing equipped the entire Da Vinci team with over seventeen hundred employees.

As a result, in that sa year, Didi’s car business lost over seven hundred million.

Then the following year, they continued to lose twenty-six hundred million.

Of course, such losses were initially not a concern. After all, the upfront costs in car manufacturing are indeed quite large.

But due to so well-known reasons, Didi Chuxing faced severe issues with illegally collecting user information in those two years, and their ride-hailing app was directly removed from the entire internet.

And consequently, Didi’s car business never obtained the manufacturing qualifications, and the cars they made couldn’t be sold on the market.

This led to a bleak future for Didi’s car business. If they don’t give up the car manufacturing business, they must prepare for continued losses in the long term.

After understanding the background of the situation, Chen Yiyang imdiately asked, "What is their ideal price range?"

"About a hundred billion." Zhang Yuling thought for a mont, then added, "Of course, this is just their publicly advertised price range. In reality, Didi Chuxing is eager to offload the entire Da Vinci team because the Da Vinci car manufacturing team is causing massive losses for Didi Chuxing every month."

"Alright, arrange a eting for with people from the Da Vinci car team to discuss."

After Chen Yiyang expressed his intention, the people at Didi Chuxing reacted very positively.

They quickly sent responsible managent personnel over to discuss details with Chen Yiyang.

The price offered by the Da Vinci team for acquisition was even lower than what Zhang Yuling ntioned.

Basically, if there is more than twenty billion in cash plus other equivalent assets worth more than fifty billion, they will consider selling the entire car manufacturing team to Chen Yiyang.

As Chen Yiyang began negotiations with the people from Didi’s car manufacturing sector.

Car manufacturers throughout Beijing City also started discussions.

"I asked about Didi’s car manufacturing, and their psychological price is eighty billion in preparation to sell the whole team, with about twenty billion in cash enough to fulfill the requirent."

At a private club, the forr CEO of Changcheng, Wei Yujun, and so old friends pretended to chat casually.

"Does that kid have that much money?" Wei Yujun asked in return.

"Haha, this young man nad Chen, simply taking over Fei Peng’s shares from Ali cost him over ten billion in cash plus fifty or sixty billion in stocks. I think he has the financial capability."

A middle-aged man said to Wei Yujun, "Besides, he gave Ali the shares of Chuanyin phone. Chuanyin is a newly listed renowned company in the dostic market, and the stock was in a rising phase when this kid handed it to Ali."

Not to ntion he has valuable companies like Kuxing Coffee under his na, which, even if he seeks bank loans, can scrape together thirty to forty billion."

"What’s this man’s background, does anyone know? It’s as if he appeared out of nowhere."

Wei Yujun’s eyebrows instantly furrowed upon hearing others say that Chen Yiyang truly had the capability to buy the Da Vinci car team.

"We’ve sent people to investigate long ago. The specifics are unclear, but the trajectory of his rise is quite clear.

He started in Jin City, beca an outstanding youth in West Capital, and then connected with the Yang Family in Shancheng.

After the younger generation of the Yang Family went to Lin’an for their post, he also set up his company in Lin’an."

"Hmm." Wei Yujun nodded seemingly casually.

But his facial expression was far from relaxed.

Earlier, he heard about his daughter trying to discredit a young man.

Initially, he didn’t care much. After all, in today’s era, every now and then, a couple of reckless rich second generations appear in the business circle.

For example, the son of Wanda’s CEO Wang Jianglin, wasn’t he a social dia star and a company founder who dared to mock Lei Jun online and offline?

And just a few years later, he was set up for a betting ga, losing billions, and his mother had to pay to clean up the ss for him.

Therefore, Wei Yujun didn’t pay much attention to this matter at first.

But soon, he realized sothing was amiss.

The two allied partners originally contacted.

One directly defected, along with Ludao City, revoking the news they stirred up online.

The other was hit so hard it dared not make a sound, barely able to survive.

This prompted Wei Yujun to lower his pride and seriously find out the background of this Chen Yiyang.

The gathered information turned out to be all over the place.

So said this person was self-made. Others said he was soone’s white glove. Yet, more claid he was a top-tier second generation making money purely for fun.

After ruling out the most unlikely self-made theory.

Wei Yujun believed the possibility of Chen Yiyang being a family’s white glove was greatest.

Considering the sudden connection with the younger Yang Chengru in Shancheng.

The true background becos self-evident.

It’s highly likely that he’s a comrcial glove prepared by the Yang Family for their son, assisting in accumulating achievents.

This is what troubles Wei Yujun the most. If his daughter tried to discredit soone, slander is just slander.

But this ti she targeted soone’s nurtured white glove.

Isn’t that forcing him into a confrontation?

This young man reportedly bought a smart driving company in Yangcheng. Now, after acquiring the Da Vinci car team, he might actually create a decent car.

Moreover, this ti they chose to manufacture cars in the Imperial Capital. If they employ resources from above.

The threat to Changcheng is obvious.

Changcheng is currently a publicly listed company, and every move must consider the stock price.

If truly new forces in the capital car industry erge and target Changcheng for a blockade, it will undoubtedly have a significant impact on Changcheng’s market value.

No way, they must stop them from buying the Da Vinci car team.

You are reading Becoming Rich with Daily Scavenging APP Chapter 253: Da Vinci Car Company on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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