The Industrial Giant Reborn

The biggest advantage of investing in a real estate company in Hong Kong is that you don’t have to worry about it yourself.

When Hang Lung obtains the funds he needs, Chen Zengxi can use his best ability to complete the entire project, then build the seven buildings that Chen Zhiwen needs and hand them over to Land, and will also give him what he deserves in the future. Dividends.

Chen Zhiwen only needs to invest money and doesn't need to worry about anything. If he does it by himself, even though he has his subordinates to do the work, he still has to ask for instructions on many important things. One or two of these things don't matter. , too much, and I am also tired.

When starting a business to become a super rich man, some people like to invest themselves in it and make themselves busy like supermen. But Chen Zhiwen is not the same. He should naturally do the work that should be done. He may reduce his own things, but he still needs to reduce them. There is no need to do everything by himself. .

The highest level of making money may be to let capable people make money for you. Just like 15 years later, investing a random amount of money in Taobao or QQ is not much more comfortable than running it yourself.

Of course, career influence is naturally different. If I had traveled back in time to the 1990s in the Mainland, I might have participated personally, but now when I have become a powerful capital, it is most appropriate to participate in investment.

"Sheng Chen, there is good news from the UK. Our people have found several shareholders who hold Rio Tinto shares. They are also willing to sell. A total of 2.1% of the shares are worth about 20 million pounds according to the market price. They are asking for a price 25 million." Inside the Hutchison Building, Zhou Jiayang came to report.

"25% increase? It's not too high, just take it." Chen Zhiwen didn't care too much about the price. If he wanted to acquire other people's stocks, they would definitely need to rise a bit. Fortunately, it wasn't a real acquisition company, otherwise it might double if he was ruthless. .

"Okay." Zhou Jiayang nodded and said: "In addition, Sunseeker Yachts has also reached a cooperation agreement. The transaction price is 32 million pounds, but there is another problem. The British government requires us to sign it before Commitment letter to produce Sunseeker Yachts locally in the UK.”

"Is this a dream? If I sign something like this, why should I buy this yacht company? Tell them, if they want to sell it, sell it. If not, I will go to Northern Europe to find it." Chen Zhiwen said forcefully.

If it is a British car brand, considering its global uniqueness, even if the other party is demanding or unreasonable, I will not give up casually. But although a cruise company also has a brand, this is not very important.

If we had not considered ourselves a little selfish and wanted to leave some suitable manufacturing industries for Hong Kong, it would have been impossible to participate in this industry.

Besides, yacht companies are available in many coastal countries in Europe. From Northern Europe to Germany to Italy in Southern Europe, there are many such companies. It is not difficult to switch to another one.

"Okay. But it shouldn't be negotiable if we talk about it again. I guess the British government is also worried about whether the factory will be moved directly after our acquisition." Zhou Jiayang said.

"I can understand that the British government wants to protect employment. For example, like in the United States, it signed a two- or three-year employment protection agreement. This is not a problem, but that kind of contract must not be signed. If I don't say that I am planning to move, even now Without this plan, we can't trap ourselves to death." Chen Zhiwen shook his head and said.

"Okay, I understand." Zhou Jiayang nodded. He actually didn't agree with this matter, but he had to report it to his boss anyway.

"Find a few other companies for reference. They can also be used to lower prices. There is no rush in this matter. Take your time!" Chen Zhiwen added that this is not the layout of his core business, but purely his personal hobby. It will be a year later. It doesn’t matter if it’s half a year.

"Okay." Zhou Jiayang nodded and said.

…

Time flies, and soon it will be one month later.

"Sheng Chen, this is the final quotation of Delphi Batteries, US$75 million. The Michigan government has also put forward some basic requirements, which are not too excessive. The main purpose is to protect local employment." Lei Shengli handed over a piece of information.

"I remember their market value is almost 60 million US dollars!" Chen Zhiwen said after thinking about it, taking the information.

He will basically not participate too much in acquisitions involving less than 100 million US dollars, but he will still occasionally ask questions, or his subordinates will submit some information, so he also knows some situations, and although the battery business is currently very large, It is small and the market is small, but in the future it will be a super industry comparable to automobiles and chips.

"Yes, before our acquisition, the market value was about US$57 million. It could only be considered a medium-sized company in the United States, with two factories in Detroit and New York State. But after the news of our acquisition came out, the stock price rose. It’s a lot, almost US$75 million,” Lei Shengli said.

"Of these two factories, the one that produces dry batteries is in Detroit. It doesn't matter. But why is the factory that produces car batteries in New York state? Isn't it farther away from Detroit?" Chen Zhiwen asked strangely after reading the information for a while.

"This is because in the 1960s, there was an earthquake in the United States, which caused the local auto parts industry to completely cut off supply, affecting almost all auto companies in the United States. Therefore, later automobile groups began to arrange for the relocation of many parts suppliers. To prevent similar things from happening outside of Detroit, even the automobile factories are preparing to disperse, but there are unions blocking it, so not everyone is successful," Zhou Jiayang explained.

"So, do our two factories have UAW unions?" Chen Zhiwen asked again.

UAW is the abbreviation of the United Auto Workers union. It not only exists in automobile OEMs, but also some parts companies are affected by them. For any manufacturing industry, these people are like dog-skin plaster, which is too troublesome. The decline of the American auto industry has a lot to do with this union.

"Yes, this is an established fact that has existed decades ago. The entire United States and the larger companies surrounding the automobile industry have been penetrated by UAW. However, Delphi's dry battery factory has no direct relationship with the automobile industry. There is only one Ordinary unions." Lei Shengli said: "Because Delphi is only a small factory with less than 500 employees, so the two unions just sent people to understand and ensure that we will not have large-scale layoffs. I didn’t ask any more questions.”

"Well, that's fine. After the acquisition is completed, we will immediately send people who understand English and some technical skills from Midea's factories in Yanjing and Shenhai to the United States to learn relevant knowledge. Then we can almost consider building factories in the mainland. First, let's start with Shekou, ensure sole proprietorship, and try to communicate with Galaxy Trading to find new markets for Delphi's dry batteries. Even if the factory in the United States is not moved recently, we will rely on our extra production capacity and I will move it to the mainland. Production." Chen Zhiwen said.

In the first half of this year, the mainland once again opened 14 port cities to further attract foreign investment and develop the economy. However, the policy is not as good as Deep Sea, and there is no industrial park like Shekou that allows wholly foreign investment.

Of course, when policies become looser, large investments can still be discussed. After all, as long as it brings foreign exchange and employment, the central and even local governments will not give up at will. However, the battery industry is not very big at present, so there is no need to invest. For Midea's brand or its own reputation, just build a factory in Shekou Industrial Zone.

As for the United States, if it can maintain its R\u0026D capabilities, it is not a problem to maintain a dedicated R\u0026D institution. However, the factory will have to be relocated sooner or later. In addition to the car battery factory, it will be convenient to supply domestic car brands in the United States, at least in a short period of time. .

"Okay, if the mainland can produce it, not to mention Galaxy Trading, even our handheld consoles will have a huge order volume." Lei Sheng said with a smile.

Midea's handheld Gameboy contains games such as Snake, Magic Cube, and Space Invaders that were once popular in arcades and home game consoles. Now it is placed on a small handheld machine. It is very portable and can be played on For fun in various places, sales are also very hot, close to tens of millions a year, and the number of batteries delivered will be 4 to 6 times.

"You can't just rely on internal orders. If you want to become bigger and stronger, you have to pass external tests. If you move to the mainland, I won't worry about the labor costs. But if you want to do well, you still have to rely on technology. In this aspect The investment cannot be less. The mainland is not only a factory, but also a place for research and development. In Shenhai City, a special battery research and development center can also be established, and then go to some universities to invite professional talents in this field. Both China and the United States need research and development. ." Chen Zhiwen said again.

The current domestic research and development of batteries may not be as good as that of Japan, the United States and European countries, but it is certainly much better than a new company of our own, and there must be a lot of talent. We may need to use these resources to develop.

"Okay." Lei Shengli nodded and said.

"As for Delphi's car battery factory, we can also cooperate with AMC. If I succeed in acquiring cars in Europe in the future, I can also participate in the supply. However, since there is a UAW union, we must not recruit more people. The technical difficulty of car batteries It shouldn't be very high. Let's arrange to build a branch factory in Yanjing. All the future production capacity in the United States will be put into this Yanjing factory, which can also supply the Yanjing Jeep factory and other domestic automobile factories in the future." Chen Zhiwen thought. After thinking for a while he said again.

UAW is a difficult role, and AMC has no choice. Therefore, they all adopt the same strategy of not recruiting people. Anyway, your union can at most influence my layoffs, but you can't control me if I don't recruit people.

The Yanjing Jeep factory has also begun operation, and its production capacity is also improving. After the quality has been tested for a period of time, at least the Jeep export business can be transferred to the country. Although there is still the issue of joint ventures, a trading company will be established in Hong Kong. The company can also solve it.

PS: Please give me a monthly ticket