Chapter 767 Inquiry
"He is indeed the world's top financial investor, and he is indeed as powerful as a tiger."
The old man praised with a smile.
Xu Liang smiled and spoke firmly.
“I have always adhered to one thing over the years. Either don’t do it, or if you do, do it the best.
The same is true for Hanhua, and the same is true for Hongmeng. "
After the old man nodded, he continued with a smile.
"So you are doing the same with Delong Industrial assets? ”
“Part of it is. "
"What is "part of it"? ”
"For Delong's industrial assets, we have different plans for different industries."
"The auto parts industry is indeed the core industry of Hunan Torch, but its technological content is too low, and it is just piled up on a large scale. Revenue and actual profit are less than 10% of total revenue, which is far lower than that of foreign counterparts.
But in China, this aspect is still missing.
We hope to pass this time. Acquisitions will allow more financial institutions to enter the field of industrial investment and improve the domestic business environment. "
"I believe in your guarantee.
Moreover, automobiles are a technology-heavy capital industry, and each sub-industry requires a large amount of investment in research and development.
It is a good thing that you are willing to spend money to develop technology and break foreign monopolies.
Xu Liang organized the language.
“Don’t worry, whether it’s Hongmeng or a heavy-duty vehicle in the future, technology research and development is always our most important aspect!”
Sell the small and mini car business to the domestic industry. company.
Therefore, instead of having everything and sparing everything, it is better to grasp one direction and invest all your time, energy and funds.
This is our shame.
The old man nodded with approval, "It's rare for you to have this understanding.
Build a high-tech heavy-duty vehicle company.
Retain only the core heavy-duty vehicle of Xiang Torch Automobile industry chain.”
Xianghuo Torch spans multiple fields such as heavy-duty vehicles, auto parts, off-road vehicles, and mini-vehicles.
Then put them on the market, gradually exit, and return a successful company to the public.
Even the latter is more important than the former.
“The Hunan Torch is very large, but its content is quite complicated.
“Why sell them all? And isn’t the auto parts industry the core business of Hunan Torch? "The old man said doubtfully.
Must persist. "
The old man nodded slightly, "If I remember correctly, this is also a private equity investment, right? ”
Sell the auto parts business to Wanxiang Group or other auto parts companies.
“This is also our future vision and direction of efforts. ”
Xiang Torch is the largest heavy-duty truck industry group under Delong, while Tunhe is the largest agricultural and animal husbandry group under Delong.
There are hundreds of thousands of large and small companies in our country now, but more than 99% of them are homogeneous, low-tech, low-R&D assembly companies.
Eighty million shirts for one Boeing plane.
There are so many areas across that it’s difficult to take care of them all.
"Yes. There are many forms of private equity investment, and industrial investment is a very typical one.
The old man nodded slightly, "What are you going to do with Delong Group's other industrial assets? ? Especially Xianghuo Torch and Tunhe. ”
It has been less than five years since Hongmeng was established, but it has registered more than a thousand patents. You are one of the companies with the highest R&D investment in China.
The transformation plan we discussed internally is to separate and sell the real estate, mechanical processing and other businesses of Xiang Torch independently.
They also have a lot of experience.
And its own foundation is weak, and it urgently needs investment in research and development to lay a solid foundation.
In the process, we also reaped huge rewards. ”
In the West, especially the United States.
After the acquisition is completed in the future, we will improve the management of these enterprises according to local conditions, improve the reward and punishment system, personnel system, etc., to stimulate the inherent creativity of the enterprises and enhance their profitability.
“We have no intention to hold companies such as Delong’s Shancheng Industrial, Zhongyan Shares, Tianshan Shares and Alloy Shares for too long.
“Every year in our country, there are many cases of business failure. The companies that failed due to poor performance include both private companies and state-owned companies. If there are professional private equity institutions like yours that can transform the company and finally turn losses into profits, it will be a good thing for the company and society. "The old man smiled.
Famous private equity institutions KKR, Blackstone, etc. are leaders in this field.
At that time, you don’t need to be too large to make huge profits. "
The former is related to technology, and the latter is related to the stability of farmers.
I believe that the Hunan Torch will definitely become a high-tech industry once it is in your hands."
"We will definitely Try to live up to your expectations."
The old man smiled and nodded, "Now that Xiang Torch is finished, let's talk about Tunhe."
"The integration of Tunhe Group is relatively simple. We will divest its livestock and dairy assets and sell them to Master Kong Group. They have rich sales channels and are preparing to enter the dairy industry, so they can digest and develop these assets well.< br>
The remaining agricultural industries such as tomatoes, apricot jam, carrots, wolfberries, and sugar beets, I plan to merge with Hongyan’s Harvest Agriculture.
Both of them belong to the agricultural category, so it is relatively easy to integrate them. .
Moreover, the new company after the merger has not only expanded its business scope and improved its ability to deal with industry risks
but also has stronger financial resources to develop new products.
Develop and sell the advantageous agricultural products of Xinjiang Province to support the development of the western region, create jobs in the western region, and increase farmers' income. "Xu Liang said sincerely.
"It's rare for you to have such thoughts, yes. "The old man praised.
"I am also a Chinese. While making money myself, I am also happy to give back to the society and lead everyone to develop together. "
Some scenes must be said. Xu Liang has been in business for many years, and of course he has such a consciousness. "It is also our national policy to get rich first and then get rich later. It's good that you can remember this. ”
"Thank you."
The old man smiled and nodded: "I heard that someone wants to cooperate with you to let Delong go bankrupt first and then acquire it. This can save a lot of money.
Was it rejected by you? "
"Yes. Both Jia'an Asset Management Company and Yinji Asset Management Company came to discuss this issue with me.
Their plans are indeed very promising. Feasibility.
A lot of money can be saved on this acquisition.
If you are lucky, you may only need 30 to 40 billion to acquire all of Delong's assets.
But I thought about it carefully and refused.
The reason is simple.
Hanhua's entry into the investment banking and trust fields is not a one-time deal, nor is it for short-term gains.
We operate with the goal of becoming a top enterprise with real industry influence and credibility in investment banking, trust and other fields.
We are willing to bear short-term losses and gain long-term rewards.
So we cannot let Delong go bankrupt, let alone let those customers who invested in Delong lose confidence in us.
In my opinion, customers' trust in us is more important than money. "
The old man praised: "That's very well said. No wonder you can make Hanhua so big at such a young age, but your strategic vision of not caring about temporary gains and losses and always focusing on the future surpasses most people. ”
"Thank you. I only dared to do this after making some money.
If I didn't have enough capital to back it up, I wouldn't dare to take Delong's idea.
I wonder if I would really agree to Jia's idea. Anhe Yinji. "
" Acting within one's ability is an advantage, not a disadvantage. "
After approving, the old man said, "Okay, I've finished asking. You still have more. What problem? ”
"Leader, we hope to transfer 12 billion US dollars into the country, part of which will be used to repay Delong's debts, and part of which will be used to develop Delong's industrial assets, especially technology investment."
"I will follow the responsible person The comrades who manage foreign exchange tell them to let you go."
"Thank you very much," Xu Liang said excitedly.
The US$12 billion has been converted from U.S. dollar assets to Huaxia currency assets. As long as the value of the Huaxia currency appreciates, it can rise by about 20% in just one or two years.
At that time, he does not need to do anything, this money will earn him 2.4 billion US dollars.
Coupled with the funds saved by using debt to offset taxes after acquiring Delong.
After the actual acquisition of Delong by Hanhua and Hongyan, the actual debt they assumed was less than 10 billion Huaxia coins.
Delong’s assets can easily cover this debt.
So, outsiders thought Xu Liang was taken advantage of, but in fact he made a lot of money.
“I’m asking you to call me Xiao Xu. It’s not easy for our country from its founding to the present. Although it still has many shortcomings, the son does not think the mother is ugly, and the son does not think the family is poor.< br>
As descendants of Yan and Huang, we should do our best to develop her and make her develop better.
Do you think so? "
"What you taught me is that I also promise you that I will never transfer my nationality, let alone forget my identity. "
Xu Liang said solemnly.
"I am very happy that you have this understanding.
You can rest assured that the state will support and protect any entrepreneur who does business reasonably and legally.
So you can invest freely.
The central government and the cabinet are your strongest backing.
However, we will resolutely crack down on illegal and criminal businessmen and will never tolerate them.
I will not condone him at all because of his identity. ”
The simple tapping instantly made Xu Liang break into a cold sweat and make him feel inexplicably panicked.
said quickly.
"I will definitely remember your teachings, abide by the law, serve the country and the people."
The old man smiled and nodded, then waved.
The secretary handed over a roll of paper.
"It's our first time meeting you. This calligraphy is my gift to you."
Xu Liang took it with both hands and quickly thanked him.
"I still have something to do so I won't be with you. Just accept this phone call. If you encounter something that can't be solved, you can call me."
Looking at the business card handed to you. , Xu Liang took it over excitedly.
“Thank you so much. Don’t worry, I will definitely rectify Delong and make greater contributions to the country’s economic development.”
"I'm waiting to see how you behave."
After patting his right arm, the old man walked away.
After watching the figure disappear outside the door, Xu Liang looked at the business card and scroll in his hand, his heart surged and he was extremely excited.
The harvest from this visit has been great.
"Mr. Xu, is the matter resolved?"
Lu Hui said softly.
After nodding affirmatively, Xu Liang said excitedly: "Let's go back to the company."
"Yes."
(End of this chapter)
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