Extraordinary Genius

Chapter 1884: Li Dafu Shaoxin

Feng Yu had just had lunch at the office, and Tang came in to report that the same car had agreed to their offer and was willing to pay a reasonable asset.

Feng Yu took a brief look at the form, Horton automobile was the most valuable, then a technology R&D center on the US side, which included some patent ownership and sold it to Feng Yu.

Finally, there are technology patent licenses, as well as two factories in Europe, mainly producing spare parts, which combine the technological research and development of spare parts.

According to Don's assessment of assets, although some debts have been incurred, these assets, valued at around $13 billion, are only $2.7 billion in debt, better than Feng Yu expected.

It's just that Huaxia's equity in the joint venture, the same car won't sell, they've lost the South Korean market, and if Huaxia's joint venture shares are sold all over again, they have little potential for development in Asia.

Although there are joint ventures in the South China Ocean, production is too low and sales are poor. The island countries had no turn to talk to other national cars, and India was not bad, but it was no longer at the top of the tower.

Feng Yu dropped the form and looked up at Don: “If I signed this contract, will the same car be able to come back to life? ”

Even if it's not expanding, it doesn't give the same car a chance to come back to life. The world's first failed easily. The brand advantage is the strongest in the world. In the unlikely event of a recovery, the North American market will still have nothing to do with Ice City cars.

“Ten billion dollars in cash is simply not enough for the same car at the time. The same car will certainly require the assistance of the US government axe, and we estimate that $40 billion in cash will be needed to guarantee that the same car will not go bankrupt. If you want a revival, you have to double the money. ”

“The US government axe definitely doesn't have that much money. After all, there are too many businesses that need to be saved, and many that need less money can see the actual results. Not to mention that there are some powerful shareholders in the same car, and the US political axe is unlikely to help those shareholders out of poverty. ”

“So this $10 billion goes out, which seems like a lot, but for the same car, it's not enough to get them through the bankruptcy period, and according to our analysis, the US political axe is definitely going to do it. And precisely because we gave this $10 billion, I'm afraid the US political axe will adjust psychological expectations, give less money to shared cars, and shared cars may be harder to turn around! ”

Feng Yu was particularly happy to hear Tang's words. It's a lot to spend money, improve oneself, not give competitors a chance to turn around, and keep a tug bottle for the US political axe.

“Okay, contract it up. I'll sign it later! ”

Feng Yu made two phone calls to inform Taihua Holdings and Iceland Machinery that he was acquiring some business for the same car. This was discussed earlier and everyone agreed.

This money can't be taken out by Ice City Machinery Manufacturing Group, and Taihua Holdings doesn't have that much cash, so the relevant shares are about to change again.

……

“We welcome Chairman Li Dafu.” Li Mingde led the applause.

At that time, Li Mingde's nameplate before him had become a consultant to Iceland Machinery Manufacturing Group, and Li Dafu, the president, had finally been elected chairman of Iceland Machinery Manufacturing Group.

“Dear colleagues, I, Li Dafu, joined our group company, probably later than many others, stepped forward today, thank you for your support and help. But I, Li Dafu, also have the confidence to manage our company and lead the company to new steps, so that everyone sitting here, including every employee of our company, earns more than before..."

“I also have good news for you today that Chairman Feng has just signed a contract in the US to acquire a whole range of Australian Horton cars, as well as some high-quality assets such as technology R&D centers that share cars, especially some of our weaker technologies, which will be greatly enhanced this time. ”

“Last year, only one of the top 10 global automotive companies, Iceland Machinery Manufacturing Group, saw sales and profits grow, while others, including the world's number one common car, were falling, even as common cars were nearly bankrupt, and half of Ford's automotive business was forced to sell. ”

“Dezhong shut down three large factories, Crazy Field shut down two, Ray Nissan shut down four, Fiat shut down three branches… Each of them is redundancies, massive layoffs, the worst of the three US car companies, followed closely by those in Europe and the island countries. ”

“It has been said that our Iceland Machinery Manufacturing Group is growing in sales and profits thanks to the explosive growth of our entire Huaxia market. But our sales in Huaxia did grow, but our market share actually declined. Our sales in Eastern Europe and India are also growing, but our market share is also declining. ”

“This includes Europe, North America and other major markets. Market share, reflecting the position of a company, we are the leader in Huaxia and in Eastern Europe, but in other markets, it is very common. ”

“But since we acquired the leopards, these have improved considerably. Now I've acquired Horton, opened a large new joint venture in Eastern Europe, founded a new joint venture in India, and even in Brazil, we have the first joint venture. ”

“It is jealous of us that others denigrate us. And, of course, we cannot be proud of the fact that we are far from the best in the world. ”

“With the acquisition of Horton's equivalent-use assets, our annual output is expected to reach five million units. According to our projections, this year could be the fourth in the world. Second only to shared cars, Madfield cars, and Deutsche Automobiles. ”

“We surpassed the clumsy Tian Group, Ray Nissan, Fiat, Hyundai and other cars that were on top of us, and we surpassed Fut, BMW, Daimler and so on last year. ”

Everyone was excited to applaud their Ice City mechanical automotive industry, which was really showing a three-tier jump.

“We are not going to acquire any brands in the next few years, and we are going to achieve overall growth in sales and profits on existing brands. ”

“If we count as passenger cars, we are expected to compete for the world's number one throne within three years. But don't get too excited. Our overall profits, including profit margins, are not as good as many businesses like Crazy Fields and Stupid Fields. ”

“… these are the directions we have to work towards, and we have to work with sales, profit, margin, market share, brand value and many more, with the first goal. We have the money, the technology, the mind, the energy, why can't we be number one? ”

“In the field of electric cars, we are already the number one producer and seller, revenue and profit. In the field of motorcycles, we are also the number one producer and seller, revenue, profit first, agricultural machinery and so on. We are the number one in Asia. In terms of this car, we have to be number one, number one in the world! ”

……