Since resigning as chairman of Vanke in 2017, Wang Shi, the founder of Vanke Group, seems to have lived a five-year retirement life like a crane. Opening Wang Shi's official micro, the most common dynamics we see are nothing more than punch card photos in various outdoor sports and charity activities. However, on the evening of April 8, with Wang Shi as the co-sponsor of the "Deep Stone Acquisition Enterprise Co., Ltd." officially submitted a listing application to the Hong Kong Stock Exchange, Wang Shi, who had been recuperating for nearly 5 years, finally revealed a heavy signal to return to the business world.
It is worth noting that according to the listing information disclosed by the Hong Kong Stock Exchange of Shenshi Acquisition, the company's main business is also related to the new energy automobile industry. In the Chinese version of the prospectus submitted by the company, Fukaishi Acquisitions pointed out that the company will focus on two main lines of investment. One of them is to bring green technology businesses including urban technology, smart cities, real estate technology, electric vehicles (EVs), clean energy, Internet of Things (IoT), automation, smart manufacturing, intelligent construction, and carbon capture, application and storage (CCUS).
Since Wang Shi himself, xu Jiayin and Wang Jianlin, are the founders of domestic head real estate companies, so with the exposure of the acquisition and listing information of Deep Stone, I believe many people will also have such a conjecture: "Is it finally Wang Shi's turn to build a car?" ”。 In fact, for Wang Shi, who is over seventy years old, if he wants to usher in the second spring of his career through the new car-making business, it is not impossible, but just like through various public channels, it is not difficult for us to understand that Wang Shi's main energy in the past 5 years has focused on outdoor sports and public welfare charity activities.
From the perspective of the prospectus, the Shenshi acquisition, as the name suggests, is a company that injects capital into other enterprises through equity investment, and regularly or irregularly obtains dividend income. For Deep Rock companies, it is not their mission to create an electric vehicle product that is truly recognized by the market. Their real mission is to take the funds brought by Wang Shi and other main promoters to invest in electric vehicles and related industries with better growth or considerable long-term value. In other words, what DeepStone wants to do is not to build the next Tesla or Weilai, but to cultivate more Teslas or Weilai for the future of the electric vehicle industry.
For those business tycoons who have been in the real estate industry, they have always been willing to look for investment opportunities in the smart electric vehicle industry. However, after Yao Zhenhua's Baoneng acquired Qoros Automobile, it could not really promote Qoros to "revive the dead" from the root. As for Hengchi Automobile under xu Jiayin's name, although the stores in many first-tier cities have made the final preparations before opening, Hengchi Automobile will still face no small challenge in the face of the two-sided attack between many new force car companies and traditional mature car companies. As for Wanda's Wang Jianlin, he chose a more stable route, deepened cooperation with FAW Hongqi, and seized the new outlet of smart electric vehicles by relying on the identity of "new forces selling cars" rather than "new car-making forces".
It is worth noting that almost all of the senior management teams of DeepStone Acquisition have the background of senior financial institutions. For example, the company's CEO Liu Erfei has worked in a Wall Street financial institution for up to 20 years. As a veteran banker, his work experience includes a number of European and American investment banks such as Merrill Lynch, Oriental Huijia, Morgan, Goldman Sachs Milbank and Lowhill. In China, he not only reversed the dilemma of CNOOC's listing in the United States, but also accepted overseas financing and listing work from more than a dozen state-owned enterprises such as China Telecom, China Mobile, and China Southern Airlines.
At the same time, the company's CFO Zhang Tian is a cosmic-level academic with a diploma in economics from Peking University and a CFA chartered financial analyst certificate. Although he is only 32 years old this year, he spent two years in Morgan Stanley's investment banking department before joining the Deep Stone acquisition. As for zhou Mo, the company's chief operating officer, he has also conducted the acquisition of First Wind by SunEdison and its subsidiary TerraForm Power, Vanke's acquisition of GLP, and Vanke's stake in Cushman & Wakefield.
All in all, Wang Shi's Shenshi Group has a fantastic team of executives, and the best thing this team does is acquisitions and mergers and acquisitions. As the main sponsor of the company, perhaps what Wang Shi wants to do is to make a statement on some decisions involving the company's major development strategy. As for which electric vehicle companies or related companies engaged in the "green technology business" the company wants to acquire, these things are likely to be handled by the company's senior management team.
As a beneficiary of reform, opening up and market economic system, Wang Shineng's practice of entering the situation at an important historical node in the transformation of China's automobile industry is indeed worthy of recognition. Of course, if China's auto industry wants to catch up with foreign counterparts through the outlet of electric vehicles, it is not enough to rely on "more money". It is believed that because of the entry of Wang Shi's deep stone acquisition, there will also be more capital to increase investment interest in the electric vehicle industry. For the new track of "long slope and thick snow" like the electric vehicle industry, while obtaining capital support, it is also necessary to seek more breakthroughs in some technological weaknesses with inherent disadvantages, so that the entire industry can achieve better and faster long-term development.