My 1999

"He deserves to be the world's top financial investor, and he is indeed able to swallow thousands of miles like a tiger."

The old man smiled and praised.

Xu Liang smiled and spoke firmly.

"I have always adhered to one thing over the years. Either don't do it, or if you do, do it the best.

The same is true for Hanhua, and the same is true for Hongmeng. "

The old man nodded and continued with a smile.

"So you are doing the same with Delong Industrial assets?"

"Partly yes."

"What does 'part of' mean?"

"For Delong's industrial assets, we have different plans for different industries."

Xu Liang organized his language.

“We have no intention of holding companies such as Delong’s Shancheng Industrial, Zhongyan Shares, Tianshan Shares and Alloy Shares for too long.

After the acquisitions are completed in the future, we will improve the management of these enterprises according to local conditions, improve the reward and punishment systems, personnel systems, etc., to stimulate the inherent creativity of the enterprises and enhance their profitability.

Then put them on the market, gradually exit, and return a successful company to the public.

In the process, we also reaped huge rewards. "

The old man nodded slightly, "If I remember correctly, this is also private equity investment, right?"

"Yes. There are many forms of private equity investment, and industrial investment is a very typical one.

In the West, especially the United States.

Famous private equity institutions such as KKR and Blackstone are leaders in this field.

They also have a lot of experience.

But in China, this piece is still missing.

We hope that through this acquisition, more financial institutions will enter the field of industrial investment and improve the domestic business environment. "

"Every year in our country, many companies, both private and state-owned, go bankrupt due to poor management. If a professional private equity institution like you can transform the company and finally turn it around, it will be a great benefit to the company and society. That's a good thing." The old man smiled.

“This is also our future vision and direction of our efforts.”

The old man nodded slightly, "What are you going to do with Delong Group's other industrial assets? Especially Xianghuo Torch and Tunhe."

Xianghuo Torch is the largest heavy-duty vehicle industry group under Delong, while Tunhe is the largest agricultural and animal husbandry group under Delong.

The former is related to technology, and the latter is related to farmers’ stability.

Even the latter is more important than the former.

“The Hunan Torch is very large, but its content is quite complex.

The transformation plan we discussed internally is to separate and sell the real estate, mechanical processing and other businesses of Xiang Torch independently.

Sell ​​the auto parts business to Wanxiang Group or other auto parts companies.

Sell ​​the small and mini car business to domestic companies in the same industry.

Only the core heavy-duty vehicle industry chain of Hunan Torch will be retained. "

"Why sell everything? And isn't the auto parts industry the core business of Hunan Torch?" the old man asked doubtfully.

"The auto parts industry is indeed the core industry of Hunan Torch, but its technological content is too low. It only piles up revenue based on scale. The actual profit is less than 10% of the total revenue, which is far lower than that of foreign counterparts.

Moreover, automobiles are a technology-heavy capital industry, and each sub-industry requires a large amount of investment in research and development.

Xianghuo Torch spans multiple fields such as heavy-duty vehicles, auto parts, off-road vehicles, and mini-vehicles.

Moreover, its own foundation is weak and it urgently needs R\u0026D investment to lay a solid foundation.

There are so many areas across that it’s difficult to juggle them all.

Therefore, instead of having everything and sparing everything, it is better to grasp one direction and invest all your time, energy and funds.

Build a high-tech heavy truck company.

At that time, you don’t need to be too large, and you can still earn huge profits. "

The old man nodded in approval, "It's rare for you to have this understanding.

There are hundreds of thousands of large and small companies in our country now, but more than 99% of them are homogeneous, low-tech, low-R\u0026D assembly companies.

800 million shirts for a Boeing plane.

This is our shame.

It is a good thing that you are willing to spend money to develop technology and break foreign monopolies.

Must persist. "

"Don't worry, whether it's Hongmeng or a future heavy-duty vehicle, technology research and development is always our most important aspect!"

"I trust your word.

It has been less than five years since Hongmeng was established, but it has registered more than a thousand patents. You are one of the companies with the highest R\u0026D investment in China.

I believe that the Hunan Torch will definitely become a high-tech industry once it is in your hands. "

"We will work hard to live up to your expectations."

The old man smiled and nodded, "Now that we've finished talking about Xiang Torch, let's talk about Tunhe River."

"The integration of Tunhe Group is relatively simple. We will divest its livestock and dairy assets and sell them to Master Kong Group. They have rich sales channels and are preparing to enter the dairy industry, so they can digest and develop these assets well.

I plan to merge the remaining agricultural industries such as tomatoes, apricot jam, carrots, wolfberries, beets, etc. with Hongyan’s Harvest Agriculture.

Both belong to the agricultural category and are relatively easy to integrate.

Moreover, the new company after the merger has not only expanded its business scope, but also improved its ability to deal with industry risks.

It also has greater financial resources to develop new products.

Develop and sell Xinjiang Province's advantageous agricultural products to support the development of the western region, create jobs in the western region, and increase farmers' income. "Xu Liang said sincerely.

"It's rare that you have such thoughts, it's not bad." The old man praised.

"I am also a Chinese. While I am making money, I am also happy to give back to the society and lead everyone to develop together."

There are certain scenes that must be said. Xu Liang has been in the business for many years, and of course he has such a consciousness.

“It is also our national policy to get rich first and then get rich later. It’s good that you can remember this.”

"Thank you."

The old man smiled and nodded: "I heard that someone wants to cooperate with you and let Delong go bankrupt first and then acquire it. This can save a lot of money.

And you were rejected? "

"Yes. Both Jia'an Asset Management Company and Yinji Asset Management Company came to discuss this issue with me.

Their plan is indeed very feasible.

A lot of money can be saved on this acquisition.

If you are lucky, you may only need 30 to 40 billion to acquire all of Delong's assets.

But I thought about it carefully and refused.

the reason is simple.

Hanhua's entry into the investment banking and trust fields is not a one-time deal, nor is it for short-term gains.

We operate with the goal of becoming a top enterprise with real industry influence and credibility in investment banking, trust and other fields.

We are willing to take short-term losses and gain long-term rewards.

Therefore, we cannot let Delong go bankrupt, let alone let those customers who invested in Delong lose confidence in us.

In my opinion, customers' trust in us is more important than money. "

The old man praised: "That's very well said. No wonder you can make Hanhua so big at such a young age. It's just that your strategic vision of not caring about temporary gains and losses and always focusing on the future surpasses most people."

"Thank you. I only dared to do this after making some money.

If there is not enough capital to support it, I would not dare to take Deron's idea.

It's hard to say that he will really agree to Jia'an and Yinji. "

“Acting within one’s ability is an advantage, not a disadvantage.”

After approving, the old man said, "Okay, I've finished asking all the questions that need to be asked. Do you have any more questions?"

"Leader, we hope to transfer 12 billion US dollars into the country, part of which will be used to repay Delong's debts, and part of which will be used to develop Delong's industrial assets, especially technology investment."

"I will tell the comrades in charge of foreign exchange management and ask them to let you go."

"Thank you so much." Xu Liang said excitedly.

This US$12 billion has been converted from U.S. dollar assets to Huaxia currency assets. As long as the value of the Huaxia currency appreciates, it can rise by about 20% in just one or two years.

By then, he doesn’t need to do anything, and the money will earn him $2.4 billion.

Coupled with the funds saved by using debt to offset taxes after the acquisition of Delong.

After Hanhua and Hongyan actually acquired Delong, the actual debt they assumed was less than 10 billion Huaxia coins.

Delong's assets can easily cover this debt.

Therefore, outsiders thought Xu Liang was taken advantage of, but in fact he made a lot of money.

"I ask you to call me Xiao Xu. It has not been easy for our country from its founding to the present. Although it still has many shortcomings, the son does not think the mother is ugly, and the son does not think the family is poor.

As descendants of Yan and Huang, we should do our best to develop her and make her develop better.

Do you agree? "

"What you taught me is, and I also promise you, that I will never transfer my nationality, let alone forget my identity."

Xu Liang said solemnly.

“I’m glad you have this understanding.

You can rest assured that the state will support and protect any entrepreneur who does business reasonably and legally.

So you can invest freely.

The central government and the cabinet are your strongest backing.

However, we will also resolutely crack down on illegal and criminal businessmen and will never tolerate them.

He will not be condoned in the slightest because of his identity. "

The simple tapping instantly made Xu Liang break into a cold sweat and make him feel inexplicably panicked.

He said quickly.

"I will definitely remember your teachings, abide by the law, serve the country and the people."

The old man smiled and nodded, then waved.

The secretary handed over a roll of paper.

"This is the first time we meet, this calligraphy is my gift to you."

Xu Liang took it with both hands and quickly thanked him.

"I still have something to do so I won't be with you. Just accept this call. If you encounter something that can't be solved, you can call me."

Looking at the business card handed to him, Xu Liang took it with excitement.

"Thank you so much. Don't worry, I will definitely rectify Delong and make greater contributions to the country's economic development."

"I'm waiting to see how you perform."

After patting his right arm, the old man walked away.

After watching the figure disappear outside the door, Xu Liang looked at the business card and scroll in his hand, his heart surged and he was extremely excited.

The harvest from this visit has been great.

"Mr. Xu, is the matter resolved?"

Lu Hui said softly.

After nodding affirmatively, Xu Liang said excitedly: "Let's go back to the company."

"Um."