Extraordinary Genius

“Horton? Australia accounts for more than 20 percent of the market? That sounds fantastic, but how many cars does Australia sell in total a year? Not even a million cars this year, huh? ”

Even though Feng Yu is interested in the brand, it will not be shown directly. And the Australian market is indeed shrinking, as you probably know with cars, otherwise you won't be so happy to sell them.

Another time Feng Yu remembered the previous life, Horton eventually stopped production. Because the Australian market is dead, factories in Australia, including Fute and Madfield, are shut down, and manufacturing costs are rising and sales are falling.

Simply put, the Australian market is about to saturate, failing to open up new markets, and it will naturally end. Whether there was a new market for sharing at the time, there was, but not for Horton, but for brands native to Chevrolet, Buick, etc., after all, Horton's popularity was too low.

However, Feng Yu, the technology center on Horton's side, is very interested. Among them, engines, transmission, chassis and other research are considered top notch in the same car. The world is also top notch, and can complement the technology of Ice City machinery.

There is no debt there, the same use itself has already been downsized, by then the factory capacity there will be reduced, and even eventually it can simply become a technology R&D center and sales center and no longer produce.

Marco heard Feng Yu and didn't look embarrassed, he argued: "But Horton's car is not just in Australia, it's also exported to New Zealand, the UK, South Korea, the US and the Middle East, and the brand is very valuable. And the technology research and development center over there is very powerful, and it contains a lot of key technologies that we share. ”

“Really, you promise you don't master the technology you share with other brands? I don't think there's much patent under Horton, is there? ”

Horton's research has been successful, and patented technology belongs to the same automotive group, and Horton holds a few less important patents.

“Mr. Feng, Horton cars are really worth buying, and it only takes five billion dollars. ”

Feng Yu paused the game, pressed several times at will, and clicked on an electronic document.

“Seven years ago, Horton had a profit of $6 billion a year. Last year, Horton had a profit of less than $1 billion, so how much should it be this year? Not a penny, or will you lose money? You were able to keep your profit close to A $1 billion last year because you made layoffs, and to be honest, those managers were really qualified. ”

Feng Yu shook his head, emotional and sarcastic remarks made Marco's face change and change.

How come Horton's information, Feng Yu knows so much about it? Was Feng Yu planning to acquire Horton's business, and did a detailed investigation?

So did Feng Woo only investigate Horton, or did he investigate all the businesses of the same car? Is Feng Yu fully aware of the details of the shared car?

“Mr. Feng, Horton's profit slipped because Horton originally held more than 40 percent of the shares in Daewoo, which he later sold to Tata. So when the business shrank, profits will naturally fall, plus global automotive sales will fall..."

“Wait, we haven't seen a decline in car sales in the Huaxia market, we haven't seen a decline in car sales in the Indian market, and we've seen sales of Iceland machinery grow by more than fifteen percent last year, probably more this year. ”

You guys slipped, that doesn't mean everything's slipping.

Marco was interrupted by Feng Yu again, but he didn't know how to refute it. Feng Yu was telling the truth.

“Mr. Feng, Horton Automotive R&D Center, Spare Parts Production Center, Automotive Assembly Center, Sales Channel, etc., are all quality assets. ”

“Really, how do I hear that Horton is suddenly in debt for a lot of shared cars? I don't know how your wholly-owned subsidiary operates internally, but these debts, they don't seem to be supposed to be Horton's, do they?” Feng Yu asked with a smile.

Fortunately, people were always gathering information, otherwise they would almost measure the wrong value and the negotiations would be very passive. If you can really maintain a profit of A $1 billion a year, then the price of US $5 billion is really not expensive, but if you carry billions of dollars in debt, let alone US $5 billion, and none of US $500 million Feng Yu will consider it.

“Debt? Did Mr. Feng make a mistake, last year there was a billion dollars in profits, how could there be debt?” Marco's smile is a little stiff. How did Feng Woo know about this? Some of Horton's automotive executives must have been bought by Feng Woo!

“Can we then disclose the financial situation? When we talk about buying and selling assets, we always need to know more before we can make a decision.” Disclosure of financial conditions, a common requirement in corporate acquisitions.

Marco didn't dare to promise that they shared a car with Feng Yu, before they did come looking for Feng Yu, and dumped a lot of debts at subsidiaries that were going to sell to Feng Yu.

“Come on, Horton was what he was, what he was supposed to be now, and I'm not going to take any of those debts, so we can talk. ”

“And I know very well what the Australian market looks like, what Horton Corp. looks like, and I know very well that you don't have to lie to me about it. ”

“Finally, I'm a little interested in Horton cars, and I'm more interested in some of the technologies you share. I think you have a lot of joint ventures in Huaxia, including technology R&D centers, and that's one of them. ”

Marco really doesn't know how to argue this time. He's already in front of the other side. Funny thing is, he's been trying to hide it.

If Huaxia's joint venture companies were to be sold, they would have little valuable assets in Huaxia, and all that was left was some sales channels, but the cars they shared, apart from the joint ventures, could not be sold in Huaxia.

He measured it in his heart, and even if these were combined, if he couldn't get rid of some debt, he could sell up to $8 billion, and if it was higher, nobody would want to buy it.

If it had been two years ago, he would have offered at least $15 billion, and they would have been the same boss, not short of money, and robbing a lot of land.

Feng Yu thought about it: "By the way, I don't think you guys need money to share a car. Let me give you another hand. You can transfer some patented technology to me or authorize me permanently. I can also give you a technology transfer fee. These, together with the assets that I was talking about, are a whole lot, 10 billion dollars. You think about it, answer me tomorrow, the day after tomorrow, maybe I don't want to buy it. ”

……