Rebirth 99 to become a car giant.

Chapter 97 The giant’s counterattack

Don't underestimate the strength of international parts giants.

Many times they are actually no worse than ordinary car companies.

Companies like Bosch and Magna can switch to automobile manufacturing at any time if they want.

As the largest bearing manufacturer in the world, SKF cannot rival Bosch and Magna in terms of turnover, but it is a well-deserved giant in the bearing segment.

As you can see from the literal meaning, bearings are parts that support the "shaft" that rotates in the machine.

In machines, bearings are responsible for supporting the "shaft" equipped with wheels, gears, turbines, rotors and other parts, helping the shaft rotate smoothly.

That's why it's called a bearing.

This thing appeared thousands of years ago and is not a new technology.

Since many rotating "shafts" are used in various machines, bearings have become an indispensable part and are called "the food of the machinery industry."

This part looks inconspicuous, but it is actually very important.

SKF can be the world's number one in the bearing industry, whether in technology or other aspects, which cannot be underestimated.

Their company's reputation in China is actually very resounding.

Ordinary people may not pay attention, but there are few people in the machinery industry who don’t know about SKF.

Now the emergence of wheel hub bearings from Nanshan Technology Co., Ltd. threatens SKF.

The other party will naturally react in various ways.

"Holm, you also heard the instructions from the headquarters just now."

"Nanshan Technology Co., Ltd. is different from ordinary Chinese companies. The experts at the headquarters have not figured out what kind of heat treatment method their bearing components use, which can actually greatly improve the performance of the material."

"If we at SKF can master this heat treatment technology and combine it with our high-quality special steel, we will definitely be able to bring the quality of existing bearings to a new level."

"This will have a very big impact on the development of the group in the next ten years."

Ovid, President of SKF Asia Pacific and General Manager of China Branch, together with Sales Director Holmer and others, had just finished a conference call with the headquarters and immediately began to discuss how to implement the spirit of the meeting.

For these Nordic people, no matter how leisurely they usually go to work, arriving late and leaving early is not a problem.

But if you slip up at a critical moment, you will be fired in a matter of minutes.

Ovid and Holm obviously had this awareness.

"This result is indeed surprising and incredible."

"Of course, now is not the time to discuss this."

"It's just that Nanshan Technology Co., Ltd. is a private enterprise in China, and it is one of those private enterprises with very good operating conditions. It may not be that easy for us to obtain heat treatment technology from the other party."

Holm has been in China for five or six years.

He knows very well that China's state-owned enterprises are the best to deal with.

They have a lot of conditions to convince each other.

But for the last private enterprise, there were many fewer tricks available.

Of course, it's just that there are fewer moves, not that there are no moves.

"Holm, I want to correct you."

“The headquarters’ requirement is not only to obtain Nanshan’s heat treatment technology, but also to ensure that there are no more Nanshan brand bearings in the world.”

Ovid said in a cold voice.

"The best way is to acquire Nanshan Technology Co., Ltd. By then, both goals can be easily achieved."

"But the other party is now a global supplier to General Motors, Volkswagen, and Ford. It also has parts supply relationships with many OEMs in China, and its operating conditions are said to be quite good."

"If we want to acquire it, the other party will definitely not be willing to sell it."

"Even if it is sold, the lion will open its mouth wide and will offer a price that we cannot accept at all."

During this period of time, Golm had many people arranged to investigate the situation in Nanshan.

He even obtained the financial statements that Nanshan submitted to the tax bureau last year.

Although most companies have two sets of financial statements.

One set is for reporting to the tax bureau, and the other set is for internal use.

However, judging from the current financial statements, Holm can no longer feel the possibility of acquiring Nanshan as a whole.

Of course, if the headquarters is willing to spend crazy money, that's another story.

"Nanshan Technology Co., Ltd. not only produces wheel hub bearings. If we acquire it, we will only want the bearing-related business, and the others can be retained."

"Although their bearing business has improved, it has not yet reached scale. There should be opportunities to talk to them."

"No matter what method we use, we must complete the mission."

Ovid knew very well that the tasks assigned by the headquarters must be completed.

All that needs to be discussed now is how to do it.

If the overall acquisition doesn't work, then acquire it individually.

"Ovid, how about we go talk to them about the acquisition first?"

Although Golm thought there was no chance, but the BOSS had spoken, he would naturally do it.

"Does anyone else have a better way?"

"Everyone can think of this method of acquisition."

"Leaving aside whether it can be successful or not, this is definitely not the best plan."

"Don't Chinese people like to divide things into top, middle and bottom strategies?"

"Is there anyone who can make some more constructive suggestions?"

As soon as Ovid said this, someone was ready to take action.

This is a good time to make meritorious deeds.

"I have a few ideas, but I may need to use some of the company's resources."

Xue Wenqiang was keenly aware that his opportunity had come.

The president of Asia Pacific is basically the highest-level person in the SKF Group that he can come into contact with.

If you want to break through the ceiling of the workplace in foreign companies, it depends on your performance today.

After all, when it comes to dealing with a Chinese company, the Chinese people obviously know best how to deal with it.

Although the acquisition method is not impossible, in Xue Wenqiang's opinion, it is definitely a bad idea.

"Xue, we'll talk about what resources are needed later."

"You just have to speak out your ideas boldly first."

"If your plan is finally realized, the company will never treat outstanding employees badly."

Ovid looked at Xue Wenqiang with encouraging eyes.

To deal with the Chinese, we must use Chinese talents.

Ovid was very clear about this.

"I think the acquisition of Nanshan Technology Co., Ltd. just mentioned is a bad idea."

The words are not surprising and die endlessly.

In order to attract attention and get the opportunity for promotion and salary increase, Xue Wenqiang is ready to take a chance.

"Even if it only acquires Nanshan's bearing-related business, it is a bad idea."

"We definitely have better strategies to use."

Sure enough, Xue Wenqiang successfully attracted the attention of Ovid and Holm.

Not only were they not angry, but they looked at Xue Wenqiang expectantly, wanting to hear what good strategies he could come up with.