Chapter 1060: Huge Investment
"The tape recorder is also a key pillar project of our group, I have always been worried about raising tigers, so I thought about closing our supply chain, but now it seems a little difficult, I really didn't expect Duan Yun to have business dealings with so many companies under our group, they have reached this point, I can't let those companies tear up the contract, right?" Xu Fuguo said.
"Have you visited their Tianyin Electronics Factory before, how do you feel?" asked Ma Fuyuan.
"To tell you the truth, the last time I visited Tianjin Electronics Factory, I was also eye-opening. Xu Fuguo pondered for a while, and then said: "Although the scale of their factory is not large, the production workshop looks very impressive, the plant is very clean, and the equipment is also good, especially their factory also has a dust-free workshop, using advanced equipment such as plug-in machines to process circuit boards, which is about to catch up with our joint venture in Shenzhen......"
"There are plug-in machines and dust-free workshops, so advanced!?" Ma Fuyuan said in surprise.
"I didn't expect that the equipment of his small private enterprise is so good, even if it is a company under our group, no electronics factory has such good conditions. ”
"It seems that people can win the championship of the tape recorder quality evaluation competition held in the city, and they really have some ......strength," Ma Fuyuan sighed, and then said: "This Duan Yun is not simple, he can run the company so well at a young age, we really underestimated him at the beginning." ”
"Director Ma, what should we do now? Can't we just watch Tianyin Electronics Factory snatch all the orders from our subordinate tape recorder production companies, right?" asked Xu Fuguo.
"The main task of our group at present is to unite its subordinate enterprises, so we can't block Tianyin Electronics Factory with raw materials, which will definitely hurt the interests of many manufacturers, and people will withdraw from the group. Ma Fuyuan thought for a while, and then said: "But don't be discouraged, since their Tianyin Electronics Factory can improve product competitiveness through the introduction of production line technology, then we can also use this method, I went to Hong Kong to set up a foreign trade company, looking for Hong Kong banks to cooperate, in fact, it is for our group's production line technology introduction." ”
"Then Director Ma, what are your plans?"
"My plan is to introduce some foreign advanced production lines and equipment, to upgrade our industrial facilities, not to let others say that our group is big but not strong, we must have the equipment and technology that can be used. Ma Fuyuan said.
"But now the problem is that our group does not have so much money, and I heard that the country's foreign exchange is tight, in the first half of this year used up 1/3 of the country's foreign exchange reserves, the country has now begun to deliberately tighten the policy of introducing foreign production lines through spot exchange, and now it is difficult to approve a batch of foreign exchange. Xu Fuguo said with a frown.
Xu Fuguo has also been thinking about being able to introduce foreign production lines and equipment for the group's subordinate companies, if it was placed last year, with his and Ma Fuyuan's connections in the Ministry of Electronics Industry, it should be able to win foreign exchange flows for subordinate enterprises, but since the second quarter of this year, the country has tightened its mouth, in addition to the special approval of key large state-owned enterprises, it is more difficult for other enterprises to obtain foreign exchange, and they have missed the best opportunity to introduce foreign production lines.
"We can take out a loan, this time I went to Hong Kong to discuss with a few foreign banks there, and they are also willing to provide us with some financial help. ”
"Really?"
"These foreign banks are very interested in our establishment of a group enterprise in Shenzhen, and they have also made an assessment of this, and believe that our group company has good potential and prospects. Ma Fuyuan paused, and then said: "The most critical issue now is that the money must be spent on the blade, and the introduced technology and production line must be the most advanced in China, so that we can maintain strong competitiveness in the market competition." ”
"That's great. Hearing this, Xu Fuguo had a smile on his face.
The biggest difficulty in running a business is the problem of funds, if the problem of money can be solved, other problems can be easily solved, Ma Fuyuan went to Hong Kong this time, not only to set up a foreign trade company, but also to bring strong aid, there are a number of foreign banks willing to provide loans, then the group company will not worry about the problem of funds in the short term.
"At present, small private enterprises like Tianyin Electronics Factory have the upper hand without taking it too seriously, they are destined to have an upper limit in the development of the upper limit will not be too high, as long as our group is formally established and began to operate, we have advantages in Shenzhen, not other manufacturers can compare, there are funds, technology, and the support of the Ministry of Electronics Industry and the Shenzhen Municipal Government, whether it is hardware conditions or software conditions, are unique, so you don't have to take the momentary gains and losses so seriously, time is on our side. Ma Fuyuan said to Xu Fuguo with a smile.
"It's still Director Ma, you can see far away......" Xu Fuguo said with emotion.
"To do big things is to have great courage, Tianyin Electronics Factory such a private enterprise can make money for a while, it is impossible to make money forever, and this is to Hong Kong, there are many banks and consortia that are interested in investing in our group, and their investment will be far beyond your imagination......," Ma Fuyuan said.
"Far beyond my imagination?" Xu Fugui was stunned for a moment, and then asked, "How much do they plan to invest in our group?"
"When I went to Hong Kong this time, many people from local consortia took the initiative to contact me, and as long as I nodded, we could get this amount of investment and loans immediately. Ma Fuyuan said, stretching out three fingers.
"30 million?" Xu Fuguo said in surprise.
"Dollars. ”
"$30 million!?" Hearing this, Xu Fuguo's jaw almost dropped in surprise.
There is no doubt that the $30 million in this year is definitely an astronomical amount, even if it will enter the huge amount of the head of government in Beijing, Shanghai, Guangzhou and Shenzhen, the average exchange rate of the RMB against the US dollar in 85 years is 3.4 to 130 million US dollars, which is equivalent to more than 100 million yuan.
However, in fact, the value of 30 million US dollars is far more than 100 million yuan, because even if you have 100 million yuan in the current country, it is absolutely impossible to exchange it for 30 million US dollars.
In 1985, China's total foreign exchange reserves were only 2 billion yuan, and $30 million was equivalent to 1.5% of that figure, so when Ma Fuyuan said this figure, Xu Fuguo felt incredulous.
"The 30 million is only the initial investment of the Hong Kong consortium, and if our group company develops well, they will invest more money. Ma Fuyuan added.
"Oh my God, 30 million US dollars, with so much foreign exchange, how many advanced production lines can be introduced...... Our group will definitely be the strongest in the country, what can other companies compete with us?" Xu Fuguo said with emotion.