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047 The Only Way

In addition to the interests of this domestic market, foreign countries cannot be ignored. Information provided by Liang Tao shows that after Fuguo Energy received a large amount of financing, the production of over 100 million yuan automatically increased the price of mobile phone giants. People from Samsung and Apple took the initiative to contact each other and were very interested.

The news rolling talk also made Fuguo Energy famous.

Because the battery has been difficult for a long time, high-tech emerged as much as detonating an industrial nuclear bomb.

Fuguo Energy has been talked about many times in China, and the government has paid attention to it; Meng Qian is also known by the media as a "technical genius" and is young and promising, etc. However, he was born out of nowhere and there is a little information about him. The media are trying to contact him and have a special interview.

But Meng Qian is not available at the moment, so he is more concerned about his career.

Zong Yan brought the latest progress: "Our sufficient funds have been shown that Warwick is afraid of losing the opportunity, so he has agreed to increase the unit price to 160 yuan, and accept all medium and high-end orders. The two points currently discussed are: the price of exclusive use of domestic brands; the number of years of exclusive use."

"Warvie should not have any opponents, right?" Meng Qian said that the prices of mid-to-high-end models are already high. Once Warwick is equipped with all the equipment, who can challenge them?

"Not at all." Zong Yan was sure, "so we offered 1.5 billion yuan, with three-year exclusive cooperation fee, and the annual demand for 60 million batteries."

"The number is a bit high." Meng Qian feels that Warwick's mid- and high-end models are limited.

Zong Yan said: "Whether it is high or low, it has no effect on us. We only supply high-end batteries. We can't finish it, and we still have Samsung and Apple that are difficult to feed. But I believe Warwick is not stupid either. After seizing this opportunity, will they still produce low-end goods?"

Fuguo Energy's main profit is not an exclusive fee. Although this fee is important at present (capacity expansion). But the focus in the future is on products. Assuming it is reduced to 40 million yuan, if the unit price of 160 yuan, the annual turnover of this contract will be 6.4 billion yuan, which is the company's main business.

As for why not all of them are supplied to Warwick?

It is easy to figure it out, because after Warwick consumes 40 million batteries, it is almost saturated, and the rest are low-end mobile phones. Fuguo Energy's production capacity is for the high-end and cannot be supplied at a lower price. The remaining capacity of over 100 million is all for the high-end, and can generate nearly 18 billion revenue.

So Meng Qian asked: "Where are foreign ones?"

"Both giants are ready to move. Samsung's mobile phone shipments reached 300 million, with large volume but small profits. Apple's model is more fixed, with small volume and high profits. We must make choices for these two companies. For any one, it is a trick to defeat each other."

"It also means a richer future." Meng Qian understood, because exclusive cooperation will have a "protection fee". Fuguo Energy needs this protection fee to increase production.

Zong Yan nodded: "That's right, Warwick's cooperation is a little bit of a small fight in comparison."

Meng Qian said: "I prefer Apple, with many models facing high-end and a huge fan base. In order to maintain their advantages, they are definitely willing to pay a big price."

Zong Yan agreed: "It is also in line with the company's strategy of high-end development. But if you want to raise prices, you must make Apple feel urgency - it comes from Samsung. If we specialize in Samsung for three or five years, it is conceivable that it will be a major damage to Apple's vitality, and technology has always been the mainstream of competition."

"It's very good, just use this strategy. You can do this appropriately for Warwick, after all, they also want to become a giant." Meng Qian learned to use it.

Warwick is the most promising brand in China that is the world's mobile phone giant. Today's new battery is a good opportunity. Users have the habit of using it. Once they get used to the super long standby and fast charging mobile phone brand, they will definitely feel uncomfortable if they change to an ordinary phone with difficult battery life.

Warwick is definitely not stupid either. As long as it can get exclusive cooperation from domestic brands, it will inevitably develop comprehensively in the future. Do you need to pay attention to high-end models and low-end ones?

Ultimately, this is the charm of advanced technology.

...

After talking about "money prospects", we will come to the future discussion.

Zong Yan started his second topic: "When cooperating with foreign companies, our company will inevitably be exposed to foreign exchange. I heard that you also have plans to expand your career."

"How to say it?" Meng Qian was a little confused.

Zong Yan asked him: "Are you planning to expand your career to the world and blossom everywhere? Or are you limited to China and foreign countries as icing on the cake?"

Meng Qian did not consider: "Of course, the stronger the better. If I have the opportunity, I also want to boldly acquire those foreign companies and spread the brand to Europe and America."

Zong Yan said: "If you have ambitions, you need to lay the foundation for international business now, and you need strategies."

"Please give me advice." Meng Qian was very modest and asked for advice if he didn't know how to do so.

Zong Yan admires Meng Qian very much. Although he is the boss, he can always let go of his posture and ask for advice when facing what he doesn't know.

"First of all, I will extend the concept to you, called 'offshore company', which is a company registered in an overseas offshore center. The parent companies we are familiar with are all registered abroad and are located in a place called 'Caeman Islands'."

"Are they foreign companies?" Meng Qian heard about it for the first time.

Zong Yan nodded: "Yes, the parent company is registered abroad and can also be mixed with foreign capital. Not only these companies, but also many Internet companies are offshore companies registered overseas. If you check those Chinese companies listed in the United States, many of them have the foundation of offshore companies."

Meng Qian knew that existence was reasonable, so he asked, "What are the benefits?"

This is a qualified mind of a businessman. Zong Yan praised it in his heart and said: "There are many benefits. There are very few tax types in the country where the offshore company is located, which almost means no taxation is not imposed; the policies are loose and there is no foreign exchange control; the information is confidential, and the information of shareholder members is absolutely confidential."

Taxation has always been a headache for enterprises, such as 17% VAT, 25% corporate income tax, and at least a large layer of blood in the company's income. If it can be avoided, for large enterprises, the cost saved can definitely be calculated in units of "billions", Meng Qian is interested.

"Secondly, if you want to engage in international operations and want to invest in foreign companies, you will almost be unable to move forward without an offshore company. Because China implements foreign exchange controls, individuals and enterprises can only use their money in China, with an equivalent value of more than 50,000 US dollars and cannot leave the country."

"Forex control?" This is another word he has heard of but cannot access.

"For example, a few years ago, there was a domestic company that wanted to acquire an airport in Europe. The European government had already allowed transactions and the contracts were equivalent to more than one billion yuan, but guess what? Because of foreign exchange controls, China does not allow the company to invest overseas."

"It's just a simple business, right?" Meng Qian explained.

"There are too many procedures." Zong Yan shook his head, "The large overseas investment that can be approved by the State Administration of Foreign Exchange and local governments is always a privilege for state-owned enterprises and super large pile investments, but the procedures are also very annoying. To put it bluntly, the State Administration of Foreign Exchange looks down on the little money you invest abroad."

Meng Qian felt that protection was too much... Of course, the country has its overall situation, so what did he understand?

But Caomin also has a Caomin method. The reason why Zong Yan mentioned above all the Internet companies are registered in the Cayman Islands is: offshore companies are a springboard, and funds are placed on offshore companies. They are not subject to any foreign exchange controls and have no tax worries. They can invest anywhere.

Take Fuguo Energy's future operations as an example: the domestic powerlessness, but the business income from cooperation with foreign companies and foreign cooperation is not necessary to come back. It can be placed in the account of an offshore company. If you want to invest in or acquire any company in the future, it will save a lot of trouble.

This move is not the first in China.

Referring to the big companies in the world, offshore companies have always been the trump card for reasonable tax avoidance. Well-known companies such as Apple, Microsoft, IBM, Google, etc. all have offshore subsidiaries, and some have more than one. The taxes evaded by this law are said to be more than 90 billion US dollars... astronomical figures.

Zong Yan is a good guide and his analysis is very good.

Meng Qian understood: "If I want more convenient overseas expansion and are not regulated, it is best to register and establish a sole proprietorship offshore company to control domestic companies through it?"

Zong Yan nodded: "This is almost a must for large enterprises."

===

PS: Please recommend
Chapter completed!
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