"What's going on?"

Li Shufu frowned, suppressed his anger, and turned his eyes to Zhou Xiang, the vice president of the group who is in charge of Volvo's merger and acquisition projects: "Didn't you say that you have established a good relationship with President Liu of Huashang Bank? This loan approval is just a process, so why is it suddenly rejected?"

"Governor Liu passed the way," Zhou Xiang replied, "But somehow, I was suddenly stuck at the time of applying for the headquarters. Alas... it was mainly because President Ma didn't say anything this time. It was probably because our group's internal debt was too high, so he couldn't bear the risks for us."

"Bad!" Li Shufu said angrily, "Didn't he know about the internal situation of our group for a long time?"

"At this time, I suddenly turned against us and got a loan. It was obvious that I didn't want us to participate in the acquisition of the Volvo project. If you check carefully, which competitor is doing us."

"I checked it, and there is indeed no sign of this." Zhou Xiang said, "There are not many opponents in China who are capable and interested in this project."

"That's strange." Li Shufu frowned deeply.

Zhou Xiang paused and said, "Chairman, now it's not about who is plaguing us, but what should I do if the 4.5 billion funding gap is missing?"

"In the short term, when the bank loan channels are cut off, we are not able to raise such a large amount of funds."

"It's not just the 4.5 billion problem." Li Shufu said depressedly, "Hong Kong City, the several investment institutions I have come into contact with are also ridiculously high, and they are simply taking advantage of the situation."

"Since that's the case..."

Zhou Xiang hesitated for a moment and said, "Then he can only give up the merger and acquisition plan of the Volvo project."

"In fact, in this merger case, we face very few competitors." Li Shufu said, "It's a pity to give up!"

“Try it again…”

"The acquisition plan has been launched, Ford has agreed to formal negotiations with us, and the Swedish Volvo headquarters and Boran Sightseeing Group have reported that public relations are effective, and its headquarters companies and trade unions are highly likely to be willing to be acquired by us."

"At this time, it is really hard to accept the cancellation due to insufficient funds."

"You are responsible for the banking institutions. I will try investment institutions and other aspects again. In this acquisition, many people are waiting to see our jokes. They cannot give up so easily until the final negotiations are over, otherwise... the Haikou we boast about has become a joke in the eyes of many colleagues."

"Then I'll give it another try." Zhou Xiang gritted his teeth and said.

"Chairman..." While the two of them were talking, Li Shufu's special assistant suddenly knocked on the door and walked in to report, "Yang Liguo, Vice President of the Bentayga Capital Group and President of Marketing Investment Business Department, Mr. Yang took the initiative to call you, hoping to meet you, look..."

"Whose phone number did you say?"

When Li Shufu heard the four words "Bentayga Capital", he was shocked and interrupted his assistant.

Seeing the chairman's expression change, the assistant hurriedly repeated: "Mr. Yang Liguo, President of the Market Investment Business Department of the 'Bentayga Capital' Group."

"'Benyue Capital'?" Li Shufu was shocked and said hurriedly, "Have you hung up the phone? Just say I have time at any time, wait... Have you recorded the phone number? Let me immediately, I will reply to Mr. Yang in person, oh... Also, please order me a table for dinner tonight, which is the best environment and the most expensive."

The assistant responded and immediately handed the recorded phone number to Li Shufu.

"Chairman, why did the 'Bentayga Capital' Group suddenly come to us?" Zhou Xiang said in surprise with a little surprise in Li Shufu's excitement, "I remember that in the previous month, we had tried to contact them, but we couldn't get any response. Why is it... when we are in the most difficult time, things suddenly reversed?"

"Maybe a month ago, people didn't like our Geely Auto Group." Li Shufu laughed, "A month later, I happened to like it again."

"What's the reason?" Zhou Xiang wondered.

Li Shufu pondered for a moment and responded: "Mr. Su of the 'Benyue Capital' Group, as far as I know, is a bold and meticulous person. Although he is young, his success is by no means accidental or luck. Every investment in their group is carefully considered and measured by the expected future interests."

"A month ago, the Bentayga Capital Group, perhaps, did not know about our Geely Automobile Group."

"So... didn't respond to us."

"Now... I guess, they have probably figured out the internal situation of our Geely Automobile Group and its future expectations."

"I think we have the potential to invest, so I took the initiative to contact us."

"From their past investment goals, if you want to impress them, you must have their fundamentals and future expectations, and have strong room for imagination."

"The favors, in them, seem less important."

When Zhou Xiang heard Li Shufu's words, his doubts disappeared most of his heart and said, "It would be great if the 'Bentayga Capital' Group came with kindness."

"The powerful domestic investment institution, the Bentayga Capital Group, is well-known and has abundant funds."

"For them, 10 billion, it should be drizzling."

"And, in the capital market, once a company reaches the 'Bentay Capital', its valuation level will inevitably rise, which is much higher than similar companies in the industry."

"It can attract their investment, not only will our group's plan to acquire Volvo be implemented."

"And, it will definitely be of great help to the future development of the group."

"But... Chairman, I always feel that their initiative is not that simple. Even if we can get their financial help, the price we pay will not be small."

Li Shufu thought for a while and said, "All the institutions we have come into contact with recently have a big appetite. When the time comes, our group is not strong enough and cannot rely on its own funds to swallow Volvo independently. In this way... If you want to raise a large amount of funds in the short term and not bring too much debt pressure to the group, you have to pay something."

"I'm prepared for this."

"The active contact of the Bentayga Capital Group, regardless of their motivation, at this moment, at least gives us hope to continue to implement the acquisition plan."

"Give us the opportunity to weigh in the interests and costs."

As he said that, Li Shufu called Yang Liguo's private phone number, adjusted his mood for a while, and laughed: "Mr. Yang, I'm very happy to receive your call. I just came back from the Port City. The assistant didn't know it was your call, so he might have been negligent. He didn't let me receive your call as soon as possible. I apologize to you."

"Chairman Li is so polite." Yang Liguo replied with a smile, "I know you are busy with work."

"No matter how busy you work, you can't neglect Mr. Yang." Li Shufu responded, paused, and continued, "Mr. Yang is in Yuhang now? I have someone arrange a table tonight to be my assistant to apologize to President Yang. I also hope that Mr. Yang will have to give him a gift."

Yang Liguo smiled and said, "It just so happened that I want to see Chairman Li too."

The two of them exchanged a few simple greetings and hung up the phone. Then, in the evening, the two parties met and had a meeting at a five-star hotel in Yuhang.

"I don't know if Chairman Li still remembers that a month ago, a business manager of your group expressed your needs for financing to the Market Investment Department of Yuhang Branch of our group." After a few glasses of wine, the conversation opened and Yang Liguo smiled and introduced the words to the topic. "After this month, our research on Geely Automobile Group, the group unanimously felt that both Chairman Li and Geely Automobile Group meet our investment requirements."

"I just... I don't know if Chairman Li and Geely Automobile Group need to raise funds now?"

"Of course it's necessary." Li Shufu saw that the topic had already entered the topic and no longer hid it, saying, "I believe Mr. Yang has also heard that we are in contact with Ford and are preparing to acquire all the equity of Volvo sedan company in Ford to make up for some of the shortcomings in Geely Auto Group's technology, and at the same time deepen the layout of Geely Auto Group in the automotive field, laying a better foundation for the future development of Geely Auto."

Yang Liguo nodded slightly and said, "The market has many rumors about this matter. We have some understanding, but we do not understand it well."

"For the acquisition of Volvo sedans..."

"How sure is Chairman Li, and... If the merger and acquisition are successful, how much change can it bring to Geely Auto? Can it achieve perfect integration?"

Li Shufu said: "From the results of our preliminary contact with Ford and Volvo, if our group has sufficient funds, the chance of successful mergers and acquisitions should be more than 80%. The remaining 20% ​​of the difficulties are not on Ford and Volvo, but on the audit of both governments."

"As for how much change it can bring to Geely Auto after the successful merger."

"I can say... If the merger and acquisition can be successful, Geely Auto will undergo fundamental changes in the future and will usher in a new life."

"Of course, perfect integration cannot be achieved. According to the preliminary agreement framework, even if we acquire Volvo, Volvo will operate independently, and its technology is not directly open to Geely, but Geely can obtain Volvo's technical support and technical guidance."

"This is the integration and merger and acquisition conditions under the current situation."

"Maybe in the future, if the restrictions on laws and regulations on this aspect are weakened, then... a new situation will appear."

"But no matter whether we can achieve integration of Volvo in the current merger and acquisition, as long as we hold all of Volvo's equity and most of its assets, there will always be opportunities in the future."

"In my opinion, the acquisition of Volvo is a breakthrough for my country's automobile industry and new development."

"Only by getting the tickets, can you have the opportunity to enter and change the pattern."

"If we don't acquire Volvo and can't get this ticket, then the future... no matter what, whether it is good or bad, it has nothing to do with us."

"There is no right to compete in the future."

"Besides... the Western automobile industry is currently in a downturn, and the valuation of high-quality assets is relatively at a market trough."

"Many years ago, when Ford took over Volvo, he spent $6.5 billion to acquire all of Volvo's equity. Now our merger and acquisition is far from using so much money."

"In recent years, Volvo's development has indeed been unsatisfactory and has suffered serious losses."

"But from the fundamental analysis of Volvo's internal system, their technology and brand influence have not been damaged in the minds of consumers. It is just that there are problems in production, sales and operations, which have led to the company's difficulty in returning and going to the brink of bankruptcy. In fact... as long as the automobile industry recovers slightly and sales are opened, it can be resurrected."

"We acquired Volvo at this time, but from its value estimate, we are not at a disadvantage."

"Even if we cannot integrate completely in the future, we will not be able to obtain Volvo's technical support and guidance. As a financial investment, we will most likely not lose money."

"This is a merger and acquisition project and investment that will win in the future...."

"The domestic market, since the second quarter, car sales have been rising rapidly. At the end of the third quarter, my country has become the largest market in the world with car sales."

“I feel that the economy is recovering and the industry is recovering rapidly.”

"If we do not strive to acquire all the equity of Volvo Car Company at this time and win a ticket for the future, then... the opportunity will probably be even more rare in the future."

"Chairman Li is very sensible and courageous." After hearing Li Shufu's words, Yang Liguo remembered Su Yue's evaluation of Li Shufu, and couldn't help but look up at the other party and continued with a smile, "If our 'Bentayga Capital' Group can support you in completing the merger and acquisition plan for Volvo, how much funds do you need and what kind of concessions can you make to the greatest extent?"

Li Shufu thought for a while and said, "After preliminary negotiations, we found that Ford was eager to take over Volvo sedans due to internal crisis."

"From preliminary estimates, it will cost about US$2 billion to acquire this project."

"Of course... the final result may be slightly lower than this value, but it is necessary to ensure that the project's merger and acquisition funds are sufficient, 2 billion US dollars is a must."

"As for Mr. Yang, in order to ensure the successful merger and acquisition of the project, how much profit we can make to the maximum extent and how much price we can pay depends on Mr. Yang and the specific needs of your Bentayga Capital Group."

"2 billion US dollars!" Yang Liguo whispered.

This number is similar to his previous estimates with Su Yue, and is in line with expectations.

"The 2 billion US dollars of funds are not much for our Bentayga Capital Group." Yang Liguo pondered for a moment and said, "We can help Chairman Li and your Geely Automobile Group solve the problem of $2 billion in funding, but the same... what we need should also match it."

"You can borrow the capital market and issue additional shares to our Bentayga Capital Group."

"Our requirement is that the market value of the targeted additional shares should be between 4.5 billion and 5 billion. The remaining funds are our requirement to half of the loan and half convert into the corresponding Volvo shares after the successful merger and acquisition of the Volvo project. Of course... in this Volvo equity, we may not have voting rights, but we must have Geely Auto Group's primary repurchase rights in the future, that is, if we want to withdraw from this equity investment in Volvo, then Geely Auto Group will have to repurchase the equity we have in unconditional manner."
Chapter completed!