Intelligent Industrial Empire

Chapter 1321 An unexpected harvest from the US market (2)

What Jiang Muge didn't know was that Rockwell was currently holding a general meeting of shareholders.

In view of the current situation of their company, in order not to affect the market value of their company in the stock market, this shareholder meeting has not been made public at this stage.Their company has made many mistakes in investment decisions over the years, especially in entering the computer hardware market and the basic electronics industry.

After the meeting with Othello, this salesman from China did not have any position, and even the boss Yun Fei did not know him. He did not know that his company had already started business in the United States, and the North American market of Jiuyi Group was responsible. People, happily returned to the small apartment he rented.

He didn't think his introduction could impress the head of Rockwell's General Industry Department.

This matter can't be taken down within a time, at least it will take a long time, anyway, Rockwell will not make a decision in a short time.Jiang Muge, who didn't treat it as an incident, didn't report to the company.

Even not many people in the entire company know his existence.

Unlike Othello, Jiang Muge from China made him firm to keep the auto parts system business and some basic businesses.The decision of the company's board of directors basically has to take into account the opinions of the person in charge of the general industry department. When he says that he wants to sell, the board of directors will agree to sell; he said that to shut down, the board of directors will also shut down the factory.

He has served this company for more than forty years, and his abilities and the entire board of directors are very clear.

"I'm very sorry for being late. But I think it's very worthwhile to be late this time." Othello, who saw the directors' understanding of his lateness, smiled and said to the shareholders who believed him very much.

Everyone is waiting for him, waiting for him to propose a reform plan for the Ministry of General Industry.The company's several failed investments were strongly opposed by him. Unfortunately, the board members thought that he was old and could not keep up with the times, so it caused the current consequences.

If there is anyone who can change the current plight of Rockwell International, it is the old man Othello of the General Industry Department.After all, the company's business in the aerospace and military fields depends on the US Department of Defense.General industry is their most important market business.

Therefore, even the president of the company, Ferret, treats him with great respect and never treats him as a superior.

"Before coming here, I only planned to spend five minutes meeting with a salesman from China. This Chinese has been indomitable for more than a year and insisted on selling their CNC machine tools with me personally. It was just this insistence. , It’s worth my meeting with him..." Othello did not go directly to the topic, but to the shareholders and executives who had waited for him for more than ten minutes to tell the reason why he met with the salesman from China and Happening.

He shouldn't have been responsible for this matter.

A dedicated department is responsible for equipment procurement.

"Othello, let's talk about the main point. The current situation of the company does not let us have much leisure to talk about the tenacity of the Chinese." Ferret has a headache. This old man will not be due to too much pressure and schizophrenia during this period. Right?

This is a very important meeting for the company. How can time be wasted on this?

Although the US military budget is getting higher and higher, it has not increased the investment budget in the space shuttle business and space business, and there are still many companies competing on this.Once they can't get the orders from the US government, their General Industry Department is now in such a situation, isn't it heading toward bankruptcy?

Moreover, the research on the space shuttle must be supported by the profits of the Ministry of General Industry.

They do not believe that the US government will give up the exploration of the space field, so more powerful rocket engines, more advanced space shuttles and space station energy systems.Without an order from the government, they cannot interrupt research in this area.

Space is the future development direction of mankind as a whole, and once countries start on a large scale, they will be able to seize more markets with advanced technology.

Unless, they are willing to give up these businesses.

The honor from the space shuttle Endeavour cannot be given up.

"There are more opportunities in the Chinese market, and we should not eliminate our businesses. The reason why we have to eliminate them is because our costs are too high to be able to reduce them. And the ones who just sold me their machine tools The Chinese raised questions that we hadn't thought of. At the same time, it also made me realize that our company doesn't know what the situation in China is like..." Othello said seriously.

This is the mistake of their company's strategy department.

Seriously missed.

They think that having subsidiaries in China's Taiwan, Hong Kong and Japan is enough to cope with the Chinese market.

They have never realized or thought that the branches in these regions are also very strange to the Chinese market.

China's economy is advancing by leaps and bounds, especially in the industrial sector. They should not give up.

"Yun's Holdings has newly established a nine-one automobile production company. They are not what we thought at the beginning, but only for China's low-end market. Moreover, in the field of automobile technology and equipment, they are also going to areas that we would not think of. Let’s go. The boss of this company has never known or paid attention to it. This 28-year-old young Chinese upstart has great ambitions. If we can reduce the cost of auto parts by 10% Cost of production, and got an order for 91 Motors..."

Othello is drawing cakes for the shareholders in front of him.

But this pie is something that these shareholders cannot refuse.

“Othello, China’s auto market does have great potential, but it’s only an international dumping market. Yun’s Holdings has never made a car, and now they are just newcomers. Even if the potential is great, both domestic and international Under the double suppression of the competitors on the Internet, how large is their production scale?” The chairman of the company Rockwell inherited the family business. Although he is very young at 40, he is not more optimistic about a new company in the Chinese market.

Othello is obviously gambling.

He wants to put all the bargaining chips on China, a company that has not yet started producing cars.

The auto parts business alone accounts for one-third of their entire company’s sales.It is precisely because of the loss of the auto parts business that their company has suffered serious losses.

In the U.S. market, Japanese and Korean cars, and even cars from Europe, have continuously compressed the profits of American automakers.General Motors' profit margins have been declining for several years.

"This is not just an automobile business. We can abolish our local production plants and move to China, where production costs are lower. Moreover, we don't even need to set up production plants and directly choose Chinese companies for OEM. We need What we do is to design, develop new technologies and maintain market channels..." Othello began to explain his views to these shareholders.

This view was formed in a hurry, but now he said it as if he had considered it for a long time.

Chinese foundry is the choice of many companies in the world to reduce costs. For Rockwell International, the only obstacle is whether the Chinese foundry has such a large scale of production and whether they can guarantee their technical requirements!

"Mr. Othello, what do you think?" Obviously, Othello impressed the shareholders of the board of directors, and Ferret was the first to show interest.

They do not necessarily have to keep the American factories. In the Nordic factories, some basic production workshops can also be abolished.In this way, their production costs will definitely be reduced by far more than 10%.

The current labor cost in China is many times lower than that of European and American countries.

"Go to China for investigation!" Othello said his thoughts."Only after we understand the actual situation can we determine the actions of our company, and then can we evaluate how much Chinese OEMs and the establishment of Chinese subsidiaries have contributed to our profit growth..."

The earlier the enterprise enters the Chinese market, the more it can occupy a larger market share and obtain more favorable conditions.

Rockwell has a conflict with Yun's in automation, but it is not the current conflict. The research fields of the two parties are different and the markets are different. Obviously, it is possible to use this emerging company in China to solve their current difficulties. .

A strong alliance is a very beneficial thing for them.

Coupled with Othello's keen market judgment and its position in the minds of many shareholders, this resolution was passed quickly.

They have no better way anyway. If they can solve these problems in China, why not do it?

What's more, the establishment of a new subsidiary in China does not require the establishment of a factory or anything, and the investment does not require much.And also very close to the Chinese market.

Jiang Muge never expected that his words would have such a big effect.

When he received a call from Othello personally, he was a little surprised.

After staying in Pittsburgh for more than a year, no one saw him at all. After talking for more than half an hour today, the other party directly asked to go to China to inspect their company’s strength and inspect their company’s process equipment. This made him really at a loss, and it took a long time to react.

He who reacted, regardless of the early morning hours in China, directly dialed the number that he rarely contacted when he arrived in the United States.