Reborn Entrepreneurial Giant.

Chapter 244 The Battle of Changfeng

Chapter 244 The Battle of Changfeng

Qu Li was recording the program and talked about happy education and elite education in the United States. Huxiang's senior executives were discussing how much chips to give and whether Changfeng Motors should be given to GAC or Honor. They all had to discuss it.

"It is safe and easy for Changfeng to sell it to GAC, and there won't be so much trouble."

"But there's not much room for imagination..."

"Sold to Honor, will BYD's foundry be moved to Hunan Province?"

“What can Honor mobile phones bring to Huxiang?”

“Is their development sustainable?”

"What if Glory suddenly goes bankrupt?"

"But Honor's upper limit is much larger than that of GAC, which is 100 billion US dollars!"

"There are also upstream and downstream supply chain companies, including possible pure electric vehicles in the future. The country is vigorously promoting the development of new energy vehicles..."

"But Honor is a private enterprise. It was established too short ago and is suspected of being state-owned..."

"Do you know that BOE has settled in Hefei?" The governor said what Qu Li told him on the plane. He called to ask, but he didn't expect it to be true.

"In this regard, both Hefei and Xingsha are ahead of Xingsha. Their courage..."

"This is equivalent to making venture capital. When Honor develops, what we get far exceeds what we pay; now we are discussing our biggest loss after Changfeng Automobile was sold to Honor..."

"Is there any hope for Changfeng Motors to continue developing like this?"

The entire provincial government conference room was filled with smoke and smoke, and everyone was under great pressure.

"Will Honor acquire Changfeng?" Someone asked cautiously. They are a technology company, so they may not be interested in Changfeng Automobile.

"Vision Investment has invested in Changfeng since last year, holding more than 5% of the shares. The meaning is obvious. I believe he will not do nothing in vain."

"The Vision Fund's investment does not equal Qu Li's decision, right?"

"He knows very well about Vision's investment in Changfeng."

"How about we talk to him and confirm whether he has the idea of ​​acquiring Changfeng, and whether Changfeng's Mr. Li is willing to give up control..."

"It's not necessary. If Qu Li didn't want to invest in Huxiang, he would have left long ago."

Yes, Qu Li really wants to keep the power battery company in Huxiang. A great company can build a city. The Ningde era founded by Zeng Yuqun has built Ningde. Isn’t it an exaggeration to say that?

Everyone discussed for a long time and finally made a vote. In principle, they passed the decision to sell Changfeng Automobile to Honor and contacted Qu Li again.

"Selling Changfeng Motors to Glory?" Qu Li was very flustered in his heart, but on the surface he was indifferent. He really hadn't thought about it.This is a state-owned listed company, isn't it afraid of being accused of losing state-owned assets?

"Yes, it depends on whether you dare to ask for it."

Changfeng Automobile has a market value of more than 20 billion, or US$[-] million.Although Honor is rich, it is in rapid development. The supply chain, operators and other distribution channels have taken up a lot of funds, and the financial pressure is very heavy.

Therefore, Honor's acquisition of Changfeng Automobile itself faces huge uncertainty.

"Overall acquisition, shareholding or holding?" Qu Li negotiated with the Hunan government again

"I can let you control it."

"Where is the control of the company? Can I fire the general manager?"

"You can discuss it at the board of directors..."

"Forget it, I'm not capable enough." Qu Li suddenly lost interest and asked him to go to the board of directors to argue. If he has this energy, he might as well create a human being. If so many women are willing to give birth to monkeys for him, maybe he can give birth to a football. Team.

"..."

"Why, isn't this normal?"

"This has its strengths and weaknesses. I don't know how to handle human relations. Otherwise, I would not have handled the resignation of Honor founder Zhou Shaoning so harshly. The board of directors of mature companies needs to have different voices, but in the development of the company, In the early days of the company, I firmly believed that there could only be one voice within the company..." Qu Li honestly believes it or not.

"What would you do if you took control of Changfeng Motors?"

"I don't know, I don't know this company right now, but if any company wants to develop, it must first survive and then develop its own advantages in the competition..."

The Hunan government is interested in glory, but the chairman of Changfeng Group is very unhappy. For a high-tech enterprise that has been established for less than three years and has no successful operations, a founder in his 20s can do better than him and can provide Changfeng Automobile brings hope?

"Honor mobile phones sell more than 400 billion yuan a year. Moving their foundry to Xingsha will bring more opportunities to Huxiang..." The leader comforted Chairman Li of Changfeng and then arranged for him to meet Qu Li.

"Actually, I don't want to either..." Qu Li contacted Lei Jun and Li Yinan. They didn't comment on the matter. It's really too early to build a car now. Maybe the problem of car-building qualifications can be solved in advance without spending too much money. It doesn't seem like a hard thing to accept.

"You can make an acquisition if you want, but it's US$5 million in five years. You can arrange it yourself, and don't think about anything else." Lei Jun was very stubborn and wanted to see how Qu Li chose.

Chairman Li looked at Qu Li as if he was lying, but the way he spoke was very awkward. Today's young people don't have martial ethics.

Changfeng Automobile achieved revenue of 2008 billion in 47. It produced 3.4 vehicles and sold 2.7 vehicles. The average unit price exceeded 17. Mitsubishi Pajero, which sells for about 30, accounted for a high proportion. Unfortunately, the trademark authorization is still half a year away. Expiration, technology authorization until 2013.

"What are you going to do after taking control of Changfeng Automobile?"

"Kick Mitsubishi Motors out of the game, reorganize the product system, and make SUVs, MPVs and cars..." Changfeng Motors has a good foundation. The three major automobile bases have an annual production capacity of 10 units. Unfortunately, the annual sales volume is only about 3 units. The scale cannot be increased and costs cannot be reduced. Last year's net profit was only 7708 million, which is already going downhill.However, its wholly-owned subsidiary Great Wall Huaguan has good automotive design capabilities.

“Don’t build pure electric cars?” Chairman Li

"This is the mission of Honor Automobile, and it is even more important for Changfeng Automobile to survive."

"We are still profitable this year."

"I still understand the basic business logic. There are so many car brands in China and there is no scale advantage. How long can a car company that sells [-] cars a year survive?"

"Can I sell more cars if I leave it to you?"

"I don't know, at least it won't be worse."

"..." Chairman Li was speechless. A kid who didn't understand anything and did all kinds of mischief with his money, how could he convince the senior management of Huxiang?

It’s not that Qu Li doesn’t want to perform better, but he’s not well prepared. He doesn’t know much about building cars. At most he knows about Zotye’s crazy imitation, Wuling Hongguang’s vans, Geely’s marketing, and Chery’s engines. How can he be shameless and integrate What are the advantages of these companies?

In the next few days, Qu Li visited Changfeng Automobile and called people from Vision Investment and Xiangcai Securities over.The acquisition plan must involve his own people in formulating it, so that he can feel at ease.

BYD Electronics also arranged for people to come over for inspection. If the foundry was not built in Xingsha, how could the Hunan government sell Changfeng Auto to him.

You see, doing business is too troublesome. A few days later, Qu Li returned to Yangcheng, leaving a bunch of people busy in Xingsha.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like