I’m Almost Losing to a Muggle

Top supplier, is there anything more suitable? Pei Qianlong asked.

This has the meaning of taking an exam.

If this Liu Xia is really capable, then they don't need to pay special attention to this project.

For motors, you can try the motor business of Bosch in Germany. In the middle of last year, Bosch Group announced that it was studying the strategic plan for the reorganization of the engine and generator business department, including looking for partners or acquirers. Liu Xia came here with open mouth, not only Knowing the industry well, can grasp the key points more accurately.

Bosch.

If you are not so familiar with Bosch, you must have heard of Siemens.

Bosch is a precision machinery and electrical engineering company that, like Siemens, is a German company. Bosch's scale is also quite large, and it is the world's largest automotive technology supplier.

In 1967, Bosch and Siemens jointly established the Bosch-Siemens Household Appliances Group, referred to as Bosch Home Appliances.

In September 2014, Bosch Group and Siemens AG reached an agreement. Bosch Group acquired Siemens with a price of 3 billion euros to hold 50% of the shares of the joint venture between the two parties. Bosch Home Appliances became a wholly-owned subsidiary of Bosch Group. Owned by Bosch AG, the Siemens Group is no longer involved in any home appliance business.

In other words, the Siemens refrigerators we usually see are actually Bosch.

As for the serious Siemens, they don't do home appliance business now.

In recent years, Bosch has continuously increased its efforts in the field of home appliances, while Siemens has been deeply involved in the field of electrical engineering.

I've heard of this, but don't you think it's an IQ tax? Although Pei Qianlong is not involved in the automotive industry, recently a bunch of Chinese companies have been waving money to buy Bosch. How big is this gimmick? how big.

Even the acquisition of just one Bosch business is enough to grab headlines.

Regardless of whether there is any use value in the collection, you will also get dividends in terms of stock price and Zheng Ce's support.

If it is just the acquisition of traditional motor projects, there is indeed a suspicion of IQ tax. As far as I know, our Huaxia company is negotiating with Bosch. The transaction includes start-stop motors, one-button start-stop, 48V motors and a compact car package. The traditional motor business such as the new start-stop motor, which is not useful, but I am also talking about their new energy vehicle motor segment. Liu Xia has not panicked, and has recovered from extreme tension.

This aspect is what he is best at, and in his own field, he has no need to be nervous.

Of course, Pei Qianlong was able to grasp the key points at once, so he was obviously not easy to fool.

In the first round, the two felt sympathetic to each other.

Bosch is unlikely to sell it. Now that new energy vehicles are so popular, I think they will sell the traditional motor business and use the money from the sale to invest in the motor segment of new energy vehicles. Plan to release water.

In 2015 and 2016, this SG Holding, which is the division of Bosch Engines and Generators, had revenues of 1.49 billion euros and 867 million euros respectively, and net profits of -47.99 million euros and -52.76 million euros respectively. There are nearly 7,000 employees in 16 regions in 10 countries, but the market share is constantly being compressed. In order to reduce the burden, the group will gradually split and sell. What they really need to increase is the global home appliance business with higher profit margins.

You know it in detail. You are a researcher on autonomous driving. What do you do with so much research? Pei Qianlong was a little speechless. Do you know that you are inferior to me.

No one can keep me from opening my mouth in front of me.

A classmate of mine at MIT is an executive of SG Holding. As long as I promise that he will be in charge of SG Holding after the acquisition, he will definitely help us negotiate a good price. Liu Xia smiled a little embarrassedly.

Inside the temple. Pei Qianlong almost applauded.

Yes, that's the smell.

When you are negotiating, you know all the bottom lines of your opponent, and there are people who will help you hear the wind, so there is no business that cannot be negotiated.

Shi Shanshan pretended not to hear.

If serious, the two men in front of her were plotting an economic crime.

Chen Xiaoman didn't understand, she just thought that these two people looked very powerful.

If both traditional motors and new energy motors are needed, how much will it cost? Pei Qianlong asked.

Bosch motors are definitely a good thing.

Bosch Group is one of the foundations of the German automotive industry. The motor business accounts for 17% of the global market and has heavyweight customers in the automotive industry.

Although it is losing money, a lean camel is bigger than a horse, where is the accumulation of technology.

If you calculate according to the projects they negotiated with China, their low price is 500 million euros. If we buy SG Holding in its entirety, the low price that my friend told me is 1.2 billion euros. Of course, they I will definitely ask the price to reach 1.5 billion or even 2 billion, just ignore them, few have the courage to eat such a money-losing product that loses tens of millions of euros every year. Liu Xia is now a traitor, I have the world.

The current exchange rate between Euro and Huaxia Dollar is 7.29.

Even if the lowest price is won, it will cost 8.8 billion.

8.8 billion to buy a money-losing product, let alone domestic, no one in the entire global capital market has such courage.

Among our domestic car companies last year, only three had a net profit of more than 8.8 billion.

I think it's okay, Mr. Shi and Mr. Chen, what do you think? Pei Qianlong was quite interested in this deal.

It's time for us to buy some good things from abroad and come back to play.

I have no objection, but I have to remind you that your classmate, who can sell the company he serves today, may not be able to sell us tomorrow. Shi Shanshan has reservations about their methods, and does not object to the acquisition plan.

Hey hey. Liu Xia smiled embarrassedly.

Haha, not bad. Pei Qianlong praised.

Shi Shanshan closed her eyes, what kind of people are these people.

If it's 8.8 billion, there's 21.2 billion left. Chen Xiaoman settled the accounts with his fingers, unaware that a scene of unloading and killing donkeys was about to take place around her.

In fact, the one billion yuan allocated by the autonomous driving project team did not spend much.

For batteries, there are two options. One is to inject capital into Ningde era. In terms of batteries, China is not far behind. There is no way to buy them, but to inject capital. Liu Xia said.

What about another choice? Eunuch Pei became more and more satisfied with Liu Xia.

From the perspective of the new energy power battery market last year, the leading companies are concentrated in the three countries of China, Neon, and Bangbang. Corresponding to China are Diaby, Ningde Times; Bangbang LG, Samsung, and SK; Neon's Panasonic and AESC. The second option is Neon's AESC.

AESC, is it from Nissan? Eunuch Pei asked.

7.29 RMB/Euro