My 1999

Pierre Peugeot certainly investigated the space Renault project.

The most important reason for its failure is that the localization rate of the supply chain is too low. Most of the parts are shipped across the ocean from France to China, but the freight is not cheap.

This makes the car price more expensive.

There is no price advantage under the competition of local manufacturers of the same type.

Quality and brand are not enough to erase the price disadvantage.

So failure is inevitable.

As a French auto giant, Renault's failure has certainly been used as a warning by Peugeot Citroen. After entering China, it has been optimizing the local supply chain.

Among them, Torch Group is the top priority.

It is not only the largest spark plug supplier in China, but also the largest supplier of piston pins, mirrors and lights, brake systems and automotive air conditioners.

After acquiring and integrating Nanfu Battery's automotive lithium battery business in 2004, it is still the automotive battery supplier second only to BYT.

It can be said that it is the most important supporter of Peugeot Citroen in developing its business in China.

There is almost no auto parts giant that can be replaced.

Peugeot Citroen was already lagging behind its Japanese and German counterparts in the development of the Chinese auto market. After offending the largest local auto parts company, Peugeot Citroen can directly announce that it will give up the Chinese market.

"Mr. Xu, we are just cooperating. We have no intention of becoming enemies with you. Why are you so determined?" Pierre Peugeot said hurriedly.

When he joined this group, he thought that joining forces with several companies would definitely be able to overwhelm Xu Liang.

But I didn't expect that they had so many cards in their hands.

"Cooperation?

Holding Vivendi Group and threatening me to hand over the shares of Hanhua Group, is this cooperation?

Do you think I'm stupid, or do you think I'm easy to bully?"

The cold voice made the atmosphere in the whole room become depressing.

After a while, Bernard spoke to break the silence.

"Xu, I'm sorry for your misunderstanding.

As Pierre said before, we have no intention of suppressing or bullying you.

We came here today with a friendly and cooperative attitude.

And we don't want much. We can only take half of the voting rights for 8% of Hanhua's shares.

We are willing to pay 120% of the funds."

The old fox's words sounded nice, but he didn't discount the price at all.

Xu Liang said coldly: "The conditions are good, but Mr. Arnault, have you ever thought that if I agree to you today, the big financial groups and institutions in the world will follow suit tomorrow.

Hanhua's shares are so few, how many people can it withstand?

So, on the day the company was established, I decided that no one could hold Hanhua's shares except the middle and senior management of Hanhua Group."

"Why is Mr. Xu so determined? Hanhua Group can go public..." Bernard smiled.

"The biggest purpose of going public is to raise funds and further develop the company. Hanhua is not short of money, why should I find a mother-in-law on my head?"

Going public requires supervision and disclosing financial reports in accordance with regulations.

Xu Liang was obviously unwilling.

He waved his hand.

Lv Hui, who had been sitting behind him, took out the documents that had been prepared long ago and distributed them to the six people one by one.

While everyone was looking through them, Xu Liang continued.

"After completing the acquisition of Vivendi Group, Vivendi Network will integrate with Sina and become a company spanning Europe and Asia, with 230 million users, an average daily traffic of more than 412 million, and annual revenue exceeding 2.1 billion euros, second only to Hongmeng and Yahoo. The world's third largest Internet group.

Its market value will quickly exceed 20 billion US dollars. In the next three years, relying on the rapidly developing Chinese and European Internet markets, it is not difficult to double its market value.

Now I am willing to share the equity of this company with you in exchange for Vivendi Group."

Paused.

Xu Liang's tone became solemn, and the lines on his face became cold.

"Similarly, this is my concession to you.

If you still feel it is not enough, I don't want Vivendi Group anymore, let's fight in the market!"

Xu Liang's resolute words shook the hearts of the six people.

After sweeping his deep, oppressive eyes over everyone, Xu Liang slowly stood up.

"I have said everything I should say. Whether you accept my friendship or choose war is up to you.

It is getting late, please go back."

Bernard Arnault stood up, looked deeply at the man opposite him, said "goodbye", and left with the information about Sina and Vivendi Networks in his hand.

Others followed him.

Watching them go away, Christina hugged the man next to her tightly.

"Dear, you were so handsome when you got angry just now!"

As a native Parisian, she knew the strength of the six giants too well.

When she knew they joined hands, Christina was desperate.

So when she saw her man, who was not inferior to the six giants, she was also particularly shocked.

Women are creatures who admire the strong.

Now her heart is full of tenderness and sweetness.

But Xu Liang is not as relaxed as she imagined.

Although China is developing rapidly now, it is still a little behind the huge European, American, Japanese and Korean countries.

The six major families may not dare to risk losing the Chinese market and fight him head-on.

——

After leaving Xu's Manor, the six people tacitly did not separate and came to Bernard's private club together.

After six people entered the conference room, Mayer said angrily: "That yellow-skinned monkey is too arrogant. How important does he think the Chinese market is to us?

I think we should join forces and continue to suppress him until this bastard gives in. "

"China's current sales account for 8.7% of the entire Kering Group's overall sales. Although it is not as good as the United States and Japan, it is the fastest growing market.

According to our group’s internal forecasts, Kering Group’s sales in China can double in up to five years.

And Xu Liang controls the largest retail channel in China and even the entire Greater China region.

Kering cannot afford to lose this channel. "Francois Pinault said directly.

For him, Kering Group is the foundation, and Hanhua's equity is just an investment.

There are many companies around the world worth investing in, but there is only one.

The same principle applies to Bernard Arnault, Bartholomew Mouriez and others.

“Now the global Internet industry is developing rapidly, especially in the United States and China. The market value of Internet companies is growing at a rate of 100% or even 200% every year.

This is an industry with great investment prospects.

And as Golden Caesar said, once Vivendi Network and Sina merge, it will be the first portal in Asia and the second in Europe. Its market value will definitely be more than 20 billion US dollars. Even if it is not as good as Yahoo, it will definitely not be better than Yahoo. Poor Japanese. "Pierre Peugeot said quickly.

"Pierre, I didn't expect that you would become an investment expert in such a short period of time?"

Mayer quipped his compromise.

"I just provided the most suitable suggestion for everyone. If you are unwilling to accept it, you can directly go to find trouble with Golden Caesar."

"I..., I just think we can get more, like more shares of the Pacific Fund."

Mayer also didn’t want to break up with Xu Liang.

L'Oreal Group's fastest growing market is the Chinese market, and Kelong Supermarket is L'Oreal's largest retail channel.

If she really breaks things off and causes the stock price to plummet, the group's shareholders and management will hate her to death.

"The key is whether Xu Liang is bluffing now; or has he really decided that once we reject this agreement, he will abandon the Vivendi Group and break up with us?" Alan Widmore said.

While speaking, everyone's eyes were on Bernard and Mouriez.

It was originally the idea of ​​the two of them to unite to oppress Xu Liang and strive for greater interests.

Now that we encounter problems, they naturally have to make the final decision.

Of course, if the two people's decision is not in their interests, they can choose not to listen.

After all, everyone is just a loose alliance temporarily united for interests, not an organized institution.

The two looked at each other.

"It's a very important matter, let's think about it for two days, and you can go back and think about it carefully.

Three days later, we will meet again at this place. "Bernard Arnault said.

Hearing what he said, no one had any objections.

Except for Mouriez and Arnault, everyone else left.

After the room became completely quiet, Mouriez sighed.

"Old man, these people are ready to compromise."

"It's normal. The Chinese market has been the fastest growing market in the world in the past ten years. Let alone them, my LV Group cannot give up on the Chinese market.

And Golden Caesar controls the largest retail channel in China and controls their famous family.

They're understandably scared.

More importantly, Golden Caesar cleverly gave them a way out to convince themselves to withdraw.

The situation suddenly opened up.

Even if the two of us continue to insist on blocking his acquisition of Vivendi, some of the four people who left will definitely give up. "

After Mouriez nodded, "Old man, when you made this plan, didn't you expect Xu Liang's power in the Chinese retail market?"

Arnault said with a smile: "I will never make a move without doing detailed investigation. ...In fact, from the beginning of this matter, I never thought that he could give up Hanhua's equity.

but.

During the negotiation, set the conditions higher first, so that there will be sufficient room for bargaining later. "

Mouriez smiled: "This is what I know about you."

"I originally planned to take more shares of Pacific Fund, but I didn't expect that he would throw out Vivendi Network and Sina." Bernard said with a smile.

"Isn't this a good thing? We can get double benefits."

Bernard nodded, but Xu Liang's expression at that time appeared in his mind.

His face was angry, but his eyes were calm.

The keen sense of smell he had honed over many years in the business world made him inexplicably feel that something was wrong.

But no matter what he thought, there was nothing unreasonable.

The combination of Sina and Vivendi Network is indeed promising.

After all, this has been verified by a series of successful companies such as Yahoo and Yahoo Japan.

The two chatted for a while and then dispersed.