If you cheat, money will follow
Chapter 291 Joint venture?
Since its establishment, Leda Investment has hardly participated in any activities, including similar financial summits.
This is Zeng Xi’s first time to participate, and the opportunity is rare.
Leda Investment never announces the company's operating conditions to the outside world.
But the people present at the meeting, especially the senior bank officials, are not just ordinary people.
Through some capital transactions, we know that Leda Investment is really rich!
Most of the investment market entities are also developing very well, and the most eye-catching and attention-grabbing one is the Goose Factory.
At present, Leda Investment's investment in the goose factory has increased its profits by more than 100 times, which is really eye-catching.
There is also Leda Automobile, which was founded by itself. With a large capital injection, it has done its part to gain recognition from consumers and become a leading company in its own brand.
Some people estimate that if Leda Auto is listed, its market value will exceed 1000 billion.
In addition, Leda Investment has shares in all of Yangcheng Xiaozhu, Porsche, Continental, Schaeffler, Tesla, Facebook... these beautiful investment targets, which is amazing.
"Our company has indeed invested in some relatively successful companies in recent years, but this only accounts for a very small part." Zeng Xi said:
“Of the more than 200 start-ups our company has invested in in recent years, 90% have failed, and I don’t know if the remaining 10% will survive..."
The people present laughed.
"So the investment risk is high and no project is destined to succeed."
"Before discussing this issue, I would like to take this opportunity to advertise to the outside world."
"In the future, entrepreneurs who come to us with PPTs should stop coming. The investment trend of our company has changed."
"Every time we learn something, we gain wisdom. Our intelligence has increased by at least 200 points."
When Zeng Xi said these words, the laughter in the venue became even louder.
Most of the venture capital companies present have personal experience.
In recent years, with the help of the Internet, many entrepreneurs have come up with a concept and made a PPT, and then the lions came to their door.
“As for the issue of combining virtual and physical finance, I think we still need to innovate.”
When the venue was quiet, Zeng Xi continued:
“Only innovation can turn the existing market into an incremental market, and turn the red ocean into a blue ocean.”
"Innovation should not just be pure business model innovation and concept innovation, but more importantly, technological innovation in the field of science and technology."
"Through breakthroughs in basic research, we will promote the development of applied research, thereby creating new industries, driving new growth, and creating new jobs..."
Zeng Xi’s point of view is a repeat of the same old tune. Regulators have always attached great importance to this aspect of work.
What is correct is correct, but there is no consensus.
After all, the fundamental contradiction has not been resolved - input and output.
Compared with the risk of financial market blunders, the risk of scientific research investment is ten times higher.
A complete bottomless pit.
This is the case with financial summits. As Chang Le said, Zeng Xi went through the motions and made a show of soy sauce.
Her point was valid, but it didn't create a buzz.
In May, Cherry's coordination paid off.
The overall opinion from the superiors was passed down: Agree in principle, but we must cooperate steadily and eliminate risks.
What is a safe way to cooperate?
How to avoid risks?
This is something to look into next.
Why the superiors agreed was probably based on two considerations.
On the one hand, the material itself, as a first-generation product, is already outdated.
Through continuous technological iteration, the performance of the latest materials will definitely improve astonishingly.
This can be seen through the "fooling" and "rumors" on the Internet, especially in forums of military enthusiasts.
Brand-new domestic aerospace engines have been installed in large quantities.
Residents in some key cities can often hear roaring sounds in the air.
But only the sound is heard but the form is not seen.
On the other hand, it is considered from an economic perspective.
Since this year, especially since the second quarter, competition in the domestic automobile market has become increasingly fierce.
Fighting a "price war" seems to have become a trend.
Due to the pressure of Leda Automobile's market share squeeze, almost all joint venture brands, not only Japanese, American, German, Korean, etc., have also followed up with price cuts across the board.
Compared with the reserved strategy of "still holding the pipa and half-covering one's face" in price reduction of the Japanese brands, the American, German and Korean brands are already fighting naked.
There is no routine comprehensive discount, but a cash discount.
The low-end Jetta is priced at RMB 5, and the Polo is priced at RMB 6;
8 yuan for Tokuhara Lang and Fox;
The sub-top price of 9 is matched with Sagitar and Golf;
15 mid-match passat, Meng Diudi...
The most exaggerated one is Sail.
The naked car price of 3.18 yuan directly knocked the F3 out of the rankings.
This kind of price reduction has benefited the majority of consumers, and has also led to the fact that in the sales rankings, except for Leda Automobile, no other domestic independent brands have entered the top 20.
Among the domestic independent brands, except for Leda Automobile, the highest ranking is only No. 25, Emgrand.
Sales of Leda cars were also deeply affected.
Lexing’s sales volume dropped 4% month-on-month in April;
Lechi’s sales volume dropped 4% month-on-month in April;
Lotto suffered the largest decline, with sales falling as much as 26.95% month-on-month.
BBA models are not immune.
无论是3系、A4还是C200,又或者是5系、A6和E300,销量均不足万台,均未能进入前30。
Based on this general situation and background.
It is unexpected and reasonable to open a loophole and provide small-scale assistance to domestically produced cars under the premise that risks are controllable.
After receiving a positive reply, Yin Tongyue immediately led his team to Jiangzhou and interviewed Zeng Xi.
Study how to implement "stable cooperation and eliminate risks".
Yin Tongyue proposed that Leda supply the finished materials and Cherry process them by itself.
However, this is not possible.
"Mr. Yin, you may not know much. Once this special material is formed, it cannot be processed within the hardness range. If it exceeds the hardness limit, it will break into powder." Zeng Xi said with a smile.
Yin Tongyue was startled for a moment and looked at Academician Liu Chaoyang next to Zeng Xi.
"Mr. Yin, Mr. Zeng is right. This material is indeed very special and has no possibility of secondary processing. It is precisely because of this characteristic that it is possible for civilian use." Liu Chaoyang nodded.
Zeng Xi specially called Academician Liu Chaoyang over to enhance his credibility.
Yin Tongyue: "..."
It is unknown whether Yin Tongyue questions the authenticity of the academician’s words.
The first direct solution was not feasible. Yin Tongyue frowned and asked:
"Mr. Zeng, does your company have any suitable suggestions?"
"Two options. The first one is that your company provides technical solutions and OEM requirements, and we OEM core components such as engines and gearboxes based on your company's requirements and parameters;"
"The second option is that we and you set up a joint venture. Based on the requirements of our superiors, we will hold a relative controlling shareholding and you will participate in the company's shares. We will jointly enjoy the company's profit dividends and subsequent intellectual property rights."
After Zeng Xi finished speaking, Yin Tongyue frowned even deeper.
His subordinates reacted even more strongly and talked a lot.
"How can this work? No matter which of these two options, we will be led by the nose."
"Yes, with these two options, our technology will inevitably be leaked."
"It's just that we suffered a lot."
Yin Tongyue was quiet for a moment, waved his hand to indicate silence, and then said:
"Mr. Zeng, is there a third option? Is it possible..."
"There is no third possibility. This is related to the most fundamental safety issue, so the production location must be around the northern Jiangzhou Materials Factory." Zeng Xi blocked Yin Tongyue's words:
"I believe you will also know some of the situation when coordinating with your superiors."
"But these two options... Mr. Zeng, we need to study carefully before we can confirm it." Yin Tongyue said
"No problem. We can take our time with the cooperation. We'll talk about it when you decide." Zeng Xi said calmly.
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