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Chapter 595 The Status Quo of Luofu Motors

The middle-aged man is very thin, and his eyes don't look very confident when looking at others.

He was slightly hunched over, and at first glance, he thought he was a worker in a factory.

Chai Jin is the only Chinese in the whole cafe, so he is easy to recognize.

As soon as he came over, he asked: "Are you Mr. Chai?"

After Sun Wei translated, Chai Jin stood up with a smile and extended his hand: "Hello, Mr. Algai, I'm glad to meet you."

"Oh, okay."

The person who came was none other than Zullens’s college classmate, Algae.

However, the image of the two people is completely different. When Algae walks on the street, he is definitely the kind of person that no one will take a second look at.

Zuolens, on the other hand, is the type with unlimited glory.

It feels like they are from two different worlds, but they are just college classmates, and their relationship was very good in the past.

However, after sitting down, Algae began to complain and nag in various ways.

Through Sun Wei's translation, Chai Jin listened to the love and hatred between the two of them bit by bit.

This is a very sad love story.

The two fell in love with a girl at the same time in college.

But the city of Zuolens is very deep, and he has never talked about his life experience.

The girl admired Algae very much at first, thinking he was talented and a potential stock.

I feel that he will definitely achieve great things in the future and will definitely become a rich man.

When Zuolens saw that something was wrong, he immediately put his foot down in front of the girl.

He said directly: "I am a rich man, but I don't want to show off."

He also drove his family's sports car in front of the girl.

It is conceivable that any potential stock or talent is nothing in front of the word money.

Just like that, Zuolens took the girl into his arms.

What's even more annoying is that after graduation, Lawrence Zuo abandoned this girl immediately.

It turns out that when Zuolens was young, he was also a rich second generation with no moral character;

Chai Jin quietly listened to the story between them, judging in his heart.

No matter which country you are in, as long as you are a technology person, you will have one characteristic.

That is, it is difficult to communicate at the beginning, and they are not very flexible, but if you listen quietly to him after talking for a long time.

Then he will open up his chat box, be very trusting, and tell you everything about himself.

Algae is also such a person.

Chai Jin never interrupted him and listened to his story quietly and with great interest.

This made him realize the word respect from Chai Jin.

So I talked about it a lot later.

After talking about his personal life, Algai finally talked about work, which was also the topic Chai Jin had been waiting for him to talk about.

The reason why I never mentioned it before was because I was afraid that Algae would suspect his purpose.

It's best to wait until he speaks himself.

After talking about work, Algae sighed: "Actually, Zuolens is a very good friend. After we graduated, he also invited me to Helan."

"They asked me to join their company, but I didn't go."

"I think if I were engaged in lithography machine research, my life would be better than it is now."

Chai Jin remained calm and asked with great concern: "Sir, I heard Mr. Zuolens said that you work at Luofu Automobile?"

Algae nodded: "Yes, I have dedicated my whole life to this company."

"It's a pity that the inside of this company is far more complicated than outsiders imagine."

"Those who are capable and want to change the status quo will not get retaliation, so now all the talents from Luofu Automobile have gone to Mercedes-Benz and Volkswagen."

"There are also many people who have gone to BMW, but Luofu Automobile still goes its own way. They don't know how to reflect on some of their actions."

Chai Jin nodded and said with a "curious" look on his face: "Luofu Automobile was once the largest automobile company in China, and its technological accumulation was the deepest in the entire automobile industry."

"I heard it's even as good as Ford Motor Co. in the United States, and the stock price has risen sharply recently. Logically speaking, you should be doing very well."

Algae seemed to have heard a big joke and laughed out loud: "Mr. Chai, you only saw the surface."

"This company is rotten to the core, and I'm talking about the arrogant managers, of course."

"They have never thought about the future of this brand. They only know how to make money and try every means to get money into their pockets."

"For example, the board of directors gave us a budget of 100 million pounds to develop engines."

"But after these 100 million pounds passed through the hands of these managers, our technical department must have only a pitiful 5 million pounds left."

"Of course, my metaphor may be a bit exaggerated, but this is the reality of Rover Motors now, and no one can change it."

"What's the use of those stock prices? No matter how high they are, it can't change the current situation of huge internal losses of Luofu Automobile."

Speaking of this, Algae began to lose control of his mouth.

He actually said everything in front of Chai Jin.

After hearing this, Chai Jin was frightened for a while!

Why?

Because Luo Fu's car debt far exceeded his imagination.

This is the car brand used by the royal family of Yinguo, and it has always been the pride of Yinguo people.

Because the royal family did not allow the company to fail, they began to provide them with loans without restraint.

So far, their debt exceeds more than 2 billion yuan.

And their market value on the stock market is only 7.8 billion yuan so far.

This is extremely abnormal.

If Chai Jin eats this company, what will he face?

I spent a huge amount of money to control this company through the secondary market, but this company turned out to be a dynamite.

You still have to pay for their $2 billion debt.

In other words, if you want to swallow up this company, Chai Jin will have to carry at least 3 billion yuan in cash in his pocket!

Is it really worth it to stick to Luofu Auto just for those technical data?

Three billion yuan, that's 24 billion Chinese coins. I can develop it slowly by myself, or turn to other targets to acquire it.

Fang Yi and the others came here and purchased the bond in order to acquire Luofu Automobile, making several hundred million yuan.

Then this time, we lost another 100 million yuan in Luofu Automobile.

Now that I think about it, they still made a profit.

Fortunately, he did not go to the secondary market to control Luofu Automobile, otherwise Chai Jin would have been dragged to death because of this company.

Behind the scenes, Zhonghao Group will have a big financial crisis.

Even Chai Jin broke out in cold sweat on his forehead when he thought about it at this moment.

Taking a deep breath: "This is a mirage created by the Chinese for the world."

"It seems like we've all been deceived."
Chapter completed!
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