Cypress Capital: Transnational Collaboration And Production And Investment Linkage

"Our investment is mainly focused on two lines: first, transnational cooperation, investment in overseas advanced industries, and then to achieve synergy with the domestic market; and two, investment and investment linkage, investment and industrial empowerment of domestic emerging industries." Recently, in the 2019 World Summit of Chinese business leaders, Bao Yi, founder of the capital of cypress, told the twenty-first Century economic report.

It is understood that the "world China Business Leaders Forum" has been held for the two time. It is jointly sponsored by the World Federation of Chinese industry and Commerce and the school of economics of Peking University. Bao Yi was invited by the chairman of the Organizing Committee of the forum, the Secretary of the Party committee of China International Energy Holdings Limited and chairman of the board of directors, Wu Guodi as the representative of the round table dialogue.

Founded in 2016, the fund management scale is about 20 billion yuan, and LP includes institutions, enterprises and individuals from home and abroad. Over the past three years, it has invested in Germany's industry 4 and auto related enterprises, Swiss high-end manufacturing enterprises, and Southeast Asian medical service enterprises by holding or majority equity investment, and then combined them with China's market and industrial chain.

At the same time, by way of strategic participation, cypress capital invested and invested in new industries such as new energy vehicles and industrial chains, artificial intelligence, Internet of things, chips, medical health and other emerging industries, and invested in projects such as Wilma motor and open technology.

Collaborative development rather than self interest maximization

Prior to the establishment of cypress capital, Bao Yi has worked in investment banking for more than ten years, and was the chief executive officer of China securities business in Morgan Stanley. Until 2016, Bao Yi joined hands with the partners of the international investment and industry circles to start up Bo capital.

"On the one hand, I feel that life has come to a certain stage and I want to transform myself into a capital platform. On the other hand, China was in a state of overrun capital and hot money in the past few years, but it still lacks the capital of responsibility, international vision and industrial investment ability, and our team just has this advantage. Bao Yi said.

The background of the investment bank gives the team the ability to grasp the big trend, the ability to make comprehensive judgments on the enterprise, and the ability to integrate all resources and docking with the capital market. At the same time, there are twenty or thirty industrial partners in cypress capital, which are widely distributed in China, Europe and the United States, and have a clear understanding of the segmentation industry.

Taking advantage of its own international resources, cypress capital has built up a bridge between international advanced enterprises and the Chinese market. For example, cypress capital has invested in the Swiss Cable Company Limited, which is leading the world in its cable car technology. After the investment, cypress capital introduced it to China, and jointly established the northern port with the northern vehicle group to effectively fill the gap of high-end cable car technology in China.

"We have local partners in Europe to take part in this investment process. At the same time, we are not entirely regarded as China's capital to acquire Swiss Corporation." Bao Yi said. Cypress capital is an international team. When undertaking mergers and acquisitions overseas, local partners are often involved, and the funds used are not pure Chinese capital.

After the success of mergers and acquisitions, it will not only seek to maximize its own interests, but hope to develop synergy and pursue win-win cooperation. For example, cypress capital has made a wholly-owned acquisition of MontraTec in Germany. It is a fully automated production line in the 4 field of industry. Its customers include world-renowned automobile manufacturers and first class suppliers.

If it is done by other Chinese enterprises or capital side, it is very likely that airborne Chinese executives will force MontraTec to land in China to reduce costs and then enter the Chinese market. This may affect the brand of the business, and even lead to the loss of the original management and the loss of the original world-class customers.

However, the capital will not be too hasty. The team first took two years to help MontraTec stabilize the European local market and then bring it to the market of other mature Asian countries, and then began its entry into China only this year.

"We are patient and will not let it abandon the local market and the global market because of the Chinese market. At the same time, I prefer the local people to manage the local companies. Only in this way will they be more receptive to the capital from China, and will be more willing to cooperate with Chinese enterprises. Bao Yi said.

The collapse of new vehicles is inevitable.

The layout of China's emerging industries is also the focus of attention. For example, in the field of new energy vehicles, cypress capital is one of the main shareholders of Wei Ma motor and has introduced Goldman's background talents. Meanwhile, cypress capital has also extended its layout in the new energy automotive industry chain, investing in three yuan lithium batteries, methanol fuel cells and other enterprises.

In the view of Bao Yi, the new energy vehicle is an imperative revolution. However, due to factors such as subsidise, many new energy vehicle sales have been greatly reduced or even gone bankrupt.

"The collapse of new forces this year is inevitable. In such a big market in the United States, there is a Tesla. There are more than 100 new energy companies in China. How can they survive? " Asked Bao Yi.

Automobile is one of the most complex and complex products in the world. The new energy vehicle is one of the most complex products, and the threshold for players to participate is very high. After the collapse, the social resources, market resources and economic resources can be effectively matched to enterprises worthy of investment.

"We still have confidence in our car and believe that it will come to the end." Bao Yi said. In his view, first of all, the team's configuration is more balanced. Building a car is not a human affair, but a teamwork. The core members of Wei Ma are scientists, production, finance and marketing personnel. They are team members who have worked together for many years.

Second, wal Ma's location is accurate and can be built and used easily. Third, Wei Ma has the advantage of first mover, and is an enterprise in the first stage of new car driving force. It has already gained a certain reputation in the market.