My Age of Investment - Chapter 1332

Chapter 1332 Are you interested in making a big ticket together?

Xia Jingxing left Liucheng with a full harvest and returned to the magic capital after a long absence.

At this time, good news came from Chen Hong, and he successfully acquired Pengcheng Development Bank.

Xia Jingxing did not have the energy to manage the affairs of Envision Financial Holdings for the time being, and entrusted Chen Hong with the establishment of Envision Financial Holdings (China) Group and the integration of Pengcheng Development Bank.

He devoted himself wholeheartedly to the acquisition of SAIC-GM-Wuling.

As soon as I returned to the magic capital, I went to visit the Han prefect of the magic capital without stopping.

Knowing that Xia Jingxing wanted to acquire the 50.1% shares of SAIC-GM-Wuling held by Magic Capital Automobile, Han Zhifu felt very embarrassed.

After all, SAIC-GM-Wuling is developing very well, and the sales of Wuling brand have been merged into Magic Capital. At least it seems to be quite bluffing. It firmly occupies the throne of China’s largest automobile group. This is the honor of Magic Capital. .

If there is no SAIC-GM-Wuling, and only relying on the joint ventures of SAIC Volkswagen and SAIC-GM, Magic Capital will give way to the FAW Group in terms of sales.

In addition, Modu Auto Group, as a large-scale government-run enterprise with annual revenue of over 100 billion RMB in Modu, is also the most important among all the government-run enterprises in Modu.

Therefore, the prefect of Han feels very difficult, and he is not good at doing ideological work on the automobile in the magic capital.

However, if Xia Jingxing was directly rejected, the prefect of Han could not say it.

Because Xia Jingxing is now the biggest investor in Magic Capital, if the other party returns to Beijing in a fit of anger, Jingcheng Automobile will definitely not mind helping to get a license for automobile production.

Seeing the embarrassment and hesitation of the prefect of Han, Xia Jingxing added money again.

“We plan to move the R&D and production headquarters of Fuxing Automobile to Modu to make up for the impact of Wuling’s return to Liucheng on Modu.

At the same time, Fuxing Automobile promised to invest 20 billion yuan in Magic Capital in the next five years for the research and development of new energy vehicles and the construction of production plants. ”

Xia Jingxing looked at the prefect of Han with a smile, this was the solution he came up with when he went to Liucheng for inspection these days.

Fuxing Automobile Group, like Fuxing Mobile, decided to launch a multi-brand strategy to create multiple new energy vehicle brands covering different market positions of high, medium and low markets.

So, keeping Wuling in Liucheng and moving Fuxing Auto to Magic Capital can just meet the needs of the two cities.

Newly increased investment means expanding employment rate and taxation, and at the same time, it will also boost urban GDP growth and drive the development of an entire industrial chain. It has many benefits. He believes that no government official can refuse.

Sure enough, after hearing that Xia Jingxing was going to invest money in the Great Demon City and develop the emerging industry of new energy vehicles, the prefect Han was a little tempted, and the psychological balance tilted towards Xia Jingxing.

There is a case of cooperation between Fuxing Semiconductor and Huaxin International, and the prefect Han still trusts Xia Jingxing, and also recognizes the latter’s kryptonite strength.

“The new energy industry… Magic Capital seems to have no foundation. Can it build a certain scale in five years?”

Xia Jingxing felt that there was something in Han Zhifu’s words? Do you think that the investment of 20 billion yuan is a little less?

Compared with the tens of billions of dollars in the semiconductor industry, it seems to be a little less.

Didn’t you say all the new forces that can build cars? 20 billion investment is the threshold for building a car.

And it has been several years since I published this sentence. The current 20 billion has not undergone a large-scale monetary easing environment, so why should it be used?

Thinking of this, Xia Jingxing immediately and cleverly replied: “I have experience in building Tesla cars. It took six years from the company’s founding to the current sales of tens of thousands of cars. At present, it can’t be called the culmination of entrepreneurship, and we still need to continue to work hard. .

Fuxing Auto’s five-year investment of 20 billion yuan is actually just a foundation. After the industry is on the right track, further investment is needed.

What you reminded by Prefect Han makes sense. I think the new energy industry chain that the Renaissance Industrial Fund will invest in next should also move closer to the magic capital and give full play to the advantages of industrial clusters. ”

The prefect of Han laughed, young man, you are so good, it’s hard not to appreciate you!

That’s what he meant. Xia Jingxing is the richest man in Asia. Since he wants to build cars and develop new energy, why should he strive for the goal of leading enterprises!

A leading new energy vehicle enterprise settled in Modu, which can directly and indirectly drive countless economic growth, which should be much better than keeping SAIC-GM-Wuling.

In this way, he also has a reason to persuade others, and the work resistance will not be too great.

“Okay, Mr. Xia, then I’ll be a lobbyist for you. You have to build a car in the future! The people of Modu are still waiting to drive your new energy car.”

“Thank you to the prefect of Han! We will definitely redouble our efforts to let the people of Modu drive cars with our own intellectual property rights as soon as possible.”

After   Xia Jingxing thanked him for a while, he left the Modu Palace Building with a smile.

Having the prefect of Han to do the ideological work of the Modu Auto Group for him is better than going to the door and talking hard.

Modu Motors, as a dignified large-scale government-run enterprise, is not short of money and has not encountered any crisis. Why should it sacrifice the top selling hat to sell the controlling stake of Wuling Motors? This is a risky decision.

Therefore, he can only exchange investment for the support of the high-level forces of the Magic Capital.

Looking at the problem from a higher height, the Magic City lost Wuling, but ushered in a revival car with an investment of 20 billion and representing an emerging industry. It is not a loss, but it contains unlimited opportunities.

The management of   Modu Auto may be a little unhappy, but who makes them not a central government-run enterprise? You still have to listen to what the prefect speaks.

Xia Jingxing did not intend to make it difficult for Magic Capital, but this company controlled Wuling. If Fuxing Automobile did not get the controlling stake, it would be difficult to advance some work.

For example, in order to promote new energy vehicles, it was decided to burn 20 billion first. Would Magic Capital follow suit?

Continuing to maintain Wuling’s joint venture components, or holding Wuling by Fuxing Automobile, is not so good, and the internal work is not well coordinated.

Only with 100% control of Wuling as a company and no other internal voices, can Fuxing Auto better help Wuling transform and at the same time promote its own new energy vehicle strategy.

…………

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A few days later.

Exon, the director of General Motors, arrived in Modu and negotiated with Fuxing Motors on behalf of General Motors.

GM and Xia Jingxing are also old friends. They acquired the Fremont plant, a joint venture between them and Toyota, just a few months ago.

However, compared to the dilapidated factory that has been shut down, the Chinese market is never willing to let go.

Now GM has lost money in the global market, but there are still two credits in the Chinese market.

If this is gone, it will be difficult to explain it, and it will not be easy to fool creditors again, which is not conducive to the bankruptcy and reorganization of GM.

Therefore, when Exxon heard that Xia Jingxing proposed to acquire the 34% stake in SAIC-GM-Wuling held by General Motors, the reaction was very intense.

“No! No! No! Darren, Wuling is not for sale!

I thought that Fuxing Auto was going to discuss a joint venture with GM, but I didn’t expect you to buy the jewel in the crown of GM China. ”

Xia Jingxing smiled slightly: “The jewel in the crown is also a commodity, what can’t be sold?”

Exon shook his head again and again, “Daren, this matter is not negotiable!

I can tell you the truth, in addition to the task of negotiating and cooperating with you when I came to China this time, the more important task is to increase GM’s shares in SAIC-GM-Wuling.

We have negotiated with Guixing and Liucheng some time ago that they are willing to sell 15.9% of the shares to GM in exchange for our technical support.

I have to say that the public servants in Guangxi Province are still very pragmatic. They are very aware of how much GM’s technical support over the years has played a role in Wuling’s development. ”

Xia Jingxing looked at Aixon with a smile, it seemed that the bald old man didn’t know that Gui Sheng had been taken down by him first, and the Devil City was coming soon.

As long as the two shareholders compromise, Fuxing Auto will get 66% of the shares.

If GM doesn’t sell shares, then it can only play the game of capital increase with Fuxing Automobile by dragging its bankrupt body.

Of course, this is a last resort.

Xia Jingxing still hoped that the old man would be more aware of current affairs and not force everyone to tear their faces.

Considering that GM is having a very difficult life now, Xia Jingxing was worried that they would open their mouths, so he put GM as the last solution among the three shareholders.

“Wuling is going to transform into a new energy vehicle manufacturer next, to be China’s Tesla, Mr. Exxon, are you interested in making a big ticket together?”

(end of this chapter)