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Chapter 1929 Li Dafu takes office

Feng Yu had just had lunch in the office, and Tang came in to report that the car on the same side agreed to their offer and was willing to pay reasonable assets. . The fastest update

Feng Yu took the form and took a brief look. Holden Automobile had the highest value, and then there was a technology research and development center in the United States, which included some patent ownership and sold it to Feng Yu.

Finally, there are some technical patent authorizations, and two European factories, mainly producing spare parts, taking into account the technical research and development of spare parts.

According to the asset appraisal given by Tang, although he was carrying some debts, these assets were worth about 13 billion US dollars, but only 2.7 billion US dollars in debt, which was better than Feng Yu expected.

However, the joint venture equity of China's joint venture is unwilling to be sold. They have lost the South Korean market. If they sell all the shares of China's joint venture, they will have no development potential in Asia.

Although there are joint ventures in Nanyang, the output is too low and the sales are also poor. It is not the turn of car companies in other countries to speak. India was originally pretty good, but now it is too high to be topped by the tower.

Feng Yu put down the form and looked up at Tang: "I signed this contract, can I bring back the dead when using the same car?"

Even if it does not expand, it cannot give the same car the chance to revive. The world's number one has finally failed and its brand advantage is the strongest in the world. If it recovers, the North American market will still be without Ice City Auto.

"One hundred billion US dollars in cash is not enough for the same-used cars at this time. The same-used cars must also require assistance from the US government. According to our estimates, the same-used cars will require 40 billion US dollars in cash. If you want to revive it, then the money will be doubled."

"The US government has absolutely no such much money. After all, there are too many companies that need to be saved, and many of them need not much money, so you can see the actual results. What's more, there are still some powerful shareholders who use cars together. The US government cannot help those shareholders get out of trouble."

"So, although this 10 billion US dollars is likely to be a lot, it is not enough for the same-used cars to survive the bankruptcy period. According to our analysis, the US government must take action. It is precisely because we gave this 10 billion US dollars that the US government may adjust our psychological expectations and give the same-used cars less money. It may be more difficult to turn things around with the same-used cars!"

Feng Yu was particularly happy when he heard Tang's words. He spent money and improved himself, but did not give his competitors a chance to turn things around. He could continue to retain a bottle of oil for the US government axe. It was really a killing one stone.

"Okay, let's draw up a contract, take it over later, I'll sign it!"

Feng Yu made two calls and notified Taihua Holdings and Bingcheng Machinery that he wanted to acquire some businesses of the same car. This was discussed before and everyone agreed.

Bingcheng Machinery Manufacturing Group cannot afford this money, and Taihua Holdings does not have so much cash, so the related shares will change again.

...

"We welcome Chairman Li Dafu to speak." Li Mingde took the lead in applauding.

At this time, the nameplate in front of Li Mingde had become an advisor to Bingcheng Machinery Manufacturing Group, and Li Dafu, the president, was finally elected as the chairman of Bingcheng Machinery Manufacturing Group.

"Dear colleagues, I, Li Dafu, joined our group company, may have come to this day later than many people, step by step. Thank you for your support and help. But I, Li Dafu, also have the confidence to manage our company well and lead the company to a new level, so that everyone sitting, including every employee in our company, can earn more than before..."

"I have another good news today to tell you that Chairman Feng just signed a contract with the United States to acquire Australia's Holden Automobile as a whole, as well as some technology research and development centers of the same automobile, especially some of our relatively weak technologies, which will be greatly improved this time."

"Last year, only our Bingcheng Machinery Manufacturing Group, the world's top ten auto companies, saw sales and profits growing. Others, including the world's number one auto, were declining. Even the automaker is on the verge of bankruptcy, and half of Ford's business was forced to sell."

"Dezhong has closed three large factories, Crazy Tian has closed two, Reno Nissan has closed four, Fiat has closed three branches... Each of them is laying off employees, and a large number of layoffs are laid off, with the three major American auto companies being the most serious, with European and island countries following closely behind."

"Some people say that the reason why our Bingcheng Machinery Manufacturing Group's sales and profits are growing is due to the explosive growth of our overall Chinese market. However, our sales in China have indeed increased, but the market share has actually declined. Our sales in Eastern Europe and India are also growing, but the market share is also declining."

"This is true in Europe, North America and other major markets. The market share can reflect the status of a company. We are the leader in China and in Eastern Europe, but in other markets, it is very ordinary."

"But since we acquired Jiebao, these have improved a lot. Now I have acquired Holden, opened a new joint venture in Eastern Europe, established a new joint venture in India, and even in Brazil, we have the first joint venture car company."

"Others slandering us is jealous of us. Of course, we cannot be proud, we are still far from the top of the world."

"After acquiring the assets of Holden and other vehicles, our annual output is expected to reach five million vehicles. According to our forecast, this data can rank fourth in the world this year, second only to the same vehicle, Crazy Field and Dezone."

"We surpassed the Bentian Group, Leino Nissan, Fiat, Hyundai and other car companies that were above us. As for Futt, Baoma, Daimler and other things, we have surpassed it last year."

Everyone was applauding excitedly. The automobile industry of Bingcheng Machinery is really growing in a triple jump.

"In the next few years, we will not plan to acquire any brands. We will achieve comprehensive growth in sales and profits on our existing brands."

"If you only count passenger cars, then we are expected to compete for the world's number one within three years. But don't be too excited. Our overall profit, including profit margin, is not as good as many companies such as Crazy Tian and Bentian."

"... These are the direction we need to work hard. We need to work hard in sales, profits, profit margins, market share, brand value and other aspects. The goal is first. We have funds, skills, brains and motivation. Why can't we be the first?"

"In the field of electric vehicles, we are already the number one in production, sales, revenue and profit. In terms of motorcycles, we are also the number one in production, sales, revenue, profit and agricultural machinery and equipment. We are the number one in Asia. In terms of automobiles, we also want to be the number one in the world!"
Chapter completed!
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