Rebirth 1999: Opening the Age of Black Technology

Of course Chen Xiao knew what Ma Guotao was referring to.

He nodded and said, "That's what it means."

"Some companies probably can't wait any longer. I'll leave it to you to discuss the matter of Mr. Ma. The conditions are the same as we said before. You can handle the rest of the details by yourself."

Ma Guotao was very excited.

Changtian Technology is going to make a big move.

Ma Guotao set off immediately and returned to Ning City.

He was waiting for some guests to arrive.

mountain city.

Lifan headquarters.

Mr. Yin is under increasing pressure now.

Lifan has a large loan that is about to be overdue.

According to those practices in the past, Yin always used some local industries to mortgage loans, and exchanged the loaned money for old debts.

Tear down the east wall, make up for the west wall, and try to keep the company's debts from exploding.

But this year's policy suddenly changed.

The country seems to have realized that the continuous unrestrained development of real estate is very detrimental to the domestic economy.

Therefore, the measures and policies that were very favorable to real estate companies in the past have undergone some changes this year.

The most important change is that real estate projects under construction are not allowed to go to banks for mortgage loans.

This policy directly blocked the way of Lifan Group.

What big companies are most afraid of is a broken capital chain. As long as the capital chain is broken, the company will be hit by thunder every minute, and there will be no place to die.

Li Fan immediately adopted a backup plan.

I hope that I can take my physical assets such as the factory that produces cars to the bank to mortgage to obtain funds to help myself tide over the difficulties.

However, the output of Lifan Motors is already low, and the market share is also attributable to others.

Therefore, no matter whether it is a stock car that has been produced or a so-called car production line, after being mortgaged to the bank, the cash that can be exchanged is very small, which is not enough to make up for the large amount of land accumulated in the past few years to develop real estate, commercial streets, and amusement parks. The funds borrowed.

Lifan's top management is already in a hurry.

They have tried everything.

In addition to looking for bank loans, including selling stocks, looking for international financial brokers to borrow funds at high interest rates, etc.

But in this way, it is undoubtedly drinking poison to quench thirst.

Although they can overcome the current difficulties, when the next wave of funds expires, the accumulation of buds will be even greater.

Mr. Yin is now very eager to cooperate with Changtian Technology.

Not to mention imitating Haima's way of giving up 55% of the shares and letting Changtian Technology become a shareholder.

Even if it is to give up more shares, Lifan is very willing as long as he can cooperate with Changtian Technology.

Because as long as it can cooperate with Changtian Technology, according to the stock price trend of Haima Automobile, the ten daily limit is also very scary.

If Lifan's stock can go out of the 10 daily limit, then the general market value will have a substantial increase.

At that time, Lifan's top management will be able to solve their debt problems very easily.

For example, through stock reduction or stock pledge, a large amount of cash can be obtained.

At that time, major domestic financial institutions would have very high ratings for Lifan, so it would be easy to ask these financial institutions or banks to increase the loan amount and loan period for Lifan.

Not so now.

Now Lifan is classified as a junk company in the ratings of major financial institutions.

It has also been st in the A shares.

If it continues to lose money in the future, it will be a trivial matter for the stock to be delisted from the A-share market. Whether Li Fan can survive is a big question.

President Yin looked at the mess in front of him, and really wanted to cry.

If tears can solve the problem, then Mr. Yin has already cried out a Pacific Ocean.

But on the commercial battlefield, tears are usually not the answer.

After a lot of reviews and discussions, Lifan's senior executives decided to lead a team to Ning City again with Mr. Yin to seek cooperation with Changtian Technology.

If this method doesn't work, Lifan will resort to extreme methods to make money.

In order to be able to cooperate with Changtian Technology and to take the initiative in the production and sales of new energy vehicles in the future, Lifan also lowered his psychological expectations.

If Changtian Technology is willing to invest in technology, Lifan is willing to give up the equity of 6065.

As a family-owned enterprise, Mr. Yin has the final say on the transfer of this kind of equity, and does not need to seek the opinions of major shareholders like Haima.

If Changtian Technology is willing to invest in the acquisition, a little money will do as a symbol.

Because according to the financial report at the end of last quarter.

Lifan's total assets are 41.6 billion, but the liabilities are as high as 37 billion.

In the last quarter, it lost 3.7 billion.

According to this amount of loss.

Lifan's bankruptcy may happen this year or next year.

Bankrupt companies, companies with heavy debts, who wants it?

Ma Guotao learned that Lifan's top management was going to have a meeting with him, and according to Chen Xiao's arrangement, he warmly welcomed Mr. Yin and his party.

Mr. Yin came here this time to be straightforward and honest.

It is hoped that Haima and Changtian Technology can follow the example of cooperation.

Mr. Yin even said anxiously that the terms of cooperation will be determined by Changtian Technology.

As long as they can cooperate, even if Lifan pays, other prices are also willing.

Mr. Yin and his team were uneasy.

After all, they heard rumors that when Haima Automobile and Changtian Technology were negotiating, not only Ma Guotao, but also higher-level Gao Miao and Wang Xiang were negotiating with them.

But this time only Ma Guotao was present.

The entire level is much lower than that of Haima Company.

Therefore, Mr. Yin believes that the possibility of reaching a cooperation is too low.

In addition, Haima Automobile owns a large amount of land in Nanhai Province to build a bio-energy factory, and the mountain city where Lifan Group is located seems to have no advantages other than magical traffic and a large number of air-raid shelters.

There are too many domestically produced automobile companies with better capital and conditions than Lifan Group.

President Yin is even thinking in another way.

If you are the person in charge of Changtian Technology, or the person in charge of Cangqiong Automobile.

Then he will also choose to cooperate with a company with better quality, instead of cooperating with Lifan who is about to go bankrupt.

Only fools are willing to take over.

Mr. Yin was uneasy.

But the rejection he expected didn't come.

Ma Guotao carefully checked the cooperation plan handed over by Mr. Yin, and finally closed the cooperation plan and put it on the table.

Ma Guotao said unhurriedly: "We have objections to Mr. Yin's cooperation plan."

"Lifan, as a group company whose main business is automobiles, you have involved too many jobs and industries that have nothing to do with automobiles, and these industries have brought a lot of debt to the group company."

"Your company's total assets are only about 40 billion yuan, but its liabilities are as high as 37 billion yuan. Coupled with the losses that have lasted for several quarters, the loss rate is increasing every quarter. If this situation continues, sooner or later it will become insolvent. things."

"Changtian Technology or KQ Motors, no matter what angle they stand at, they are not interested in cooperating with a company like yours."

After Ma Guotao finished speaking, the representatives of Lifan were very disappointed.

They really didn't have enough reasons to convince Ma Guotao.

At this moment, Mr. Yin felt like a beggar, and hoped that passers-by would give him some money.

This is begging, not cooperation.

Mr. Yin stood up anxiously, hoping to express himself with the help of his body.

"Mr. Ma, Lifan has a very good car production team. We have a very good relationship with the local area in Shancheng, and we are also one of the largest taxpayers."

"If we can cooperate with Changtian Technology, our production line will be converted into a new energy vehicle production line immediately."

Feng Guotao smiled and said to Mr. Yin: "As far as I know, since last year, Lifan Group has also started to enter new energy vehicles."

"However, for the whole of last year and the first half of this year, the total sales volume of Lifan Group's new energy vehicles was less than 20,000."

"The market tells everything. It may be that Lifan Group is not very suitable for new energy vehicles. Instead, it is suitable for developing commercial streets or real estate. It is also good to do some amusement park projects."

Ma Guotao was not polite at all, and directly pointed out the serious strategic and tactical mistakes that Lifan Group had made in the past few years.

Missed the golden time for domestically produced cars to catch up with joint venture cars, and instead spent a lot of money and time on real estate projects.

Now the world has taught Li Fan a great lesson.

Mr. Yin and Lifan's top management were very embarrassed when they heard this.

Everything Ma Guotao said is true.

It is also the biggest problem facing Lifan Group at present.

Some senior executives of Lifan couldn't bear it anymore.

Even a man should not be ridiculed and accused by others in front of him.

When a vice president stood up, he was about to attack Ma Guotao.

Many high-level officials are also whispering below, hoping that Mr. Yin can immediately end such humiliating negotiations.

Anyway, there is no way to reach a cooperation agreement, so why accept the humiliation of others?

Unexpectedly, Mr. Yin gave the team a look, telling everyone to be calm.

Mr. Yin put a smile on his face.

Although this smile looks more uncomfortable than crying, it is a smile after all.

Mr. Yin said to Ma Guotao: "Mr. Ma is very right. Lifan Group has indeed made major strategic mistakes in the past few years. You have caused our current debts to be very serious, and our main projects are losing money every year."

"In the past few years, the country has been regulating the real estate market, and the real estate business is also very difficult to do. We have made strategic mistakes and the front line is too long, which has led to a tight capital chain."

"This time we have the cheek to come to Sky Motors to come to you, Mr. Ma, just to get the chance to let Lifan Group continue."

Many high-level executives did not expect Mr. Yin to reveal the current situation of Lifan Group and the purpose of this cooperation this time without reservation.

Many high-level officials were going to stop Mr. Yin, but they were all stopped by him.

Ma Guotao nodded repeatedly.

He felt that Mr. Chen was right.

At least Lifan Group's straightforward and unreserved attitude is very worthy of respect.

Mr. Yin also said: "Mountain city people have no advantages. We are straightforward. I believe that the cars we make are of the same quality. We will definitely hand over all the advantages of cars to consumers without reservation."

Feng Guotao smiled, picked up the teacup and said to Mr. Yin: "Let's drink tea!"

After spitting it out, Mr. Yin also knew that the possibility of reaching a cooperation with Cangqiong Automobile was very low. He drank the tea in his cup and said: "We are bothering you today, Mr. Ma is laughing at you!"

"We won't bother you here!"

Mr. Yin and his powerful team put down their teacups and were about to leave the conference room.

Ma Guotao pressed his hands and said, "Mr. Yin, don't worry."

"When Sky Automobile was released, our President Chen said a word, hoping to bring Xiaguo's auto industry to the world and provide consumers around the world with a better experience of technological products."

"So Changtian Technology does not rule out cooperating with any domestic company. Mr. Yin came here today with sincerity, and of course we will repay Qiong Yao."

"This is our cooperation, and it is also a gambling plan. It depends on Mr. Yin's ability to complete this cooperation agreement."

The peak turns.

Lifan's top management was overjoyed.

It never occurred to me that there would be an opportunity for cooperation.

But when Mr. Yin read the cooperation proposal, he found that it was really an ordinary cooperation, completely different from the cooperation agreement signed by Changtian Technology and Haima.

The main content of this agreement is that Changtian Technology can sell certain low-end bio-batteries and motors to Lifan Group.

Lifan Group will use bio-batteries and electric motors to produce a certain model specified by Cangqi Automobile.

This model can only be used in taxis.

And every time a car is sold, Cangqiong Motors will ask for a commission of 20%~www.readwn.com~ That is to say, besides selling bio-batteries and motors to make money, Cangqiong Motors also needs to get a commission from the profits of the entire vehicle.

This kind of cooperation has nothing to do with acquisitions, and it has nothing to do with technology shares.

But cooperation also has limitations.

For example, the production models and technical standards are formulated by Cangqi Automobile, and Lifan must produce cars according to this technical standard.

Cangqi Automobile gives a reference price to the cars produced by Lifan Group, and the actual selling price can only be high or low.

If Lifan can't control the cost and sells the product at this price and loses money, then Lifan is responsible for it.

And this kind of car can only be used as a taxi, and cannot be sold in the market to ordinary users.

this

But under these conditions, there is also a subsidiary gambling agreement.

If Lifan Group can replace the taxis in the entire mountain city with at least 90 new bio-energy vehicles produced by Lifan Group within half a year, then Sky Auto will give Lifan Group a low-interest loan to help Lifan The Group survived the financial difficulties.

At the same time, Lifan Group will be given a protection period.

During the protection period, Cangqiong Automobile will no longer cooperate with other domestically-produced automobiles, and Lifan Group can also enter the field of civilian vehicles under the arrangement of Cangqiong Automobile, not just producing taxis.

The two parties can also discuss further cooperation, including equity acquisition and so on.

If Lifan did not complete the gambling agreement.

Then Lifan Group will transfer its net assets to Changtian Technology for free.

Net assets here certainly do not include liabilities.

At that time, Lifan Group will belong to Changtian Technology, and the level of the group's stock price, or the increase in market value, will have nothing to do with the current senior management of Lifan.

To gamble or not to gamble?