Chapter 1845 is not selling cabbage
If Qin Feng needs to repay bank loans in the future, Buffett will provide the world's lowest interest loan to help Qin Feng repay the loan.
Qin Feng looked at Buffett.
What did this god see from it?
Buffett smiled slightly and did not speak.
But it's all in plain sight.
Obviously, Buffett also saw Qin Feng's risks. It is even possible to smell something out of it.
However, if this matter can be resolved, then everything will be easy to say.
For Qin Feng, there is no need to worry about the sword of Damocles hanging over his head.
This sword, once it falls, Qin Feng will be finished.
Qin Feng had been working hard to make money before, also in order to be able to solve this sword.
After all, the sword is in the countdown.
When will Boss Ming retire, and when will he fall to his own life.
And Boss Ming will retire in four years at most.
Now, there seems to be a solution.
The sale of 20% of the shares of Qin's Heavy Industries and Qin's Steel to Buffett for $1 billion can solve this hidden danger.
At the same time, it will also receive $1 billion in cash.
Qin Feng didn't speak, and Buffett didn't speak. He was waiting for Qin Feng to think and weigh the pros and cons.
He spent $1.3 million on advertising, partly for charity. The second is to repay the favor and take this opportunity to meet Qin Feng.
For Qin Feng's two companies, he has studied them for a long time. It can be said that since Soros's failed move to the Asian market, he has been studying the Asian economy.
The rise of Asia's economy is beyond ordinary people's imagination.
Originally, in the late 80s, after the collapse of the Japanese economy, the Asian economy seemed to collapse in a thousand miles, which is not worth mentioning.
However, with the rise of Huaxia, it seems that everything is different.
He has a hunch that China's economy will become a very important part of the world economy in the future.
So, he wondered if he could invest in Huaxia.
Naturally, it is impossible for him to invest in the state-owned enterprises in China, and he will not invest. That's too variable. He didn't want to take any chances. I don't want to get involved in the political struggle behind this.
In the end, after layers of screening, he took a fancy to Qin Feng's Qin's heavy industry and Qin's iron and steel, the two major industrial economies.
Although Qin Feng still has three major companies under his name: Kyushu Network, Kyushu Games, and Kyushu Chips.
But this is IT, although the profit will be high, but it is not what he wants to invest in.
He did finance, although he made a lot of profit from it. But he invests in industrial companies. These companies have grown and are good for the world.
He can also be regarded as a gentleman who loves money and takes it in a good way.
Both of these companies have the possibility of becoming 100 billion dollars in the future.
20%, that's $20 billion. Two companies, that's $40 billion.
He invested $1 billion in exchange for $40 billion in the next decade or two.
It's a good deal.
Although it is far less than the benefits of IT that are hundreds, or even thousands of times. But for him, it was enough.
In particular, this is still industry. Unlike IT, a single mistake in decision-making can kill the company.
In particular, this will have a certain say in the future.
Now, it's up to Qin Feng to agree.
After all, he could see its prospects, and Qin Feng knew better.
In particular, Warren Buffett has done an investigation, and Qin Feng's two companies are based on the principle of quality, and the wages given to employees are also above the standard.
Moreover, Qin Feng did not take any fixed salary.
That is, fix how much money a month is that kind of dead salary.
In that case, the workers may be more slack.
Only the piecework, the kind of flexible wages, and through hard work, you will definitely get a wage that far exceeds the average level of the industry, then the workers will be very motivated.
And Qin Feng did just that.
Now in 1999, in a place like Yingcheng, the average salary is about a little more than 400 yuan.
The workers in Qin Feng's two major factories can get an average salary of more than 1,000 yuan. If you are fast and fast, you can get a higher salary.
It's not unusual to be in your early 200s.
Moreover, the factory will never deduct your working hours, or piece-rate wages for parts, just because you do too much.
Many factories have set piecework rates.
As a result, as soon as the wages of the workers are raised, the wages are immediately reduced.
I am afraid that the wages of the workers will be high.
It is difficult for such a factory to have lasting competitiveness.
But this is not the case at the Qinfeng factory.
Qin Feng never deducted workers' wages.
This is also the reason why Buffett believes that Qin Feng's Qin's Heavy Industries and Qin's Steel will definitely be able to show their strength in the future.
After some thought.
"Mr. Buffett, we have a saying in China, which is called asking for a price to pay back on the spot. Qin Feng grinned.
"Mr. Qin, my investment has always been based on the principle of mutual benefit. I think my offer is very fair at this stage. And, that's the bottom line I accept. Warren Buffett said.
He doesn't like to bargain like cabbage when investing.
He invests and always makes decisions on the spot. Whatever price you think, you can shoot at whatever price.
There will be no retrospective, and there will be no room for flexibility to negotiate.
That's a waste of time.
For him, time is the most precious thing.
As for money, you can exchange time for money, but you can't exchange money for time.
Therefore, he has always been vigorous and resolute.
Qin Feng nodded.
"That's the deal!" Qin Feng stretched out his hand.
The price is very fair, and Buffett is very sincere, especially willing to help him raise funds to repay the loan in the future.
This makes Qin Feng value it very much.
Although Qin Feng believes that within four years, he should be able to earn this number. However, buy at least one insurance.
As for the 20% stake, if you can make friends with Buffett, it will be worth it.
After all, I don't lack such a little money.
Warren Buffett is also satisfied with this deal.
Subsequently, the two sides jointly announced that Buffett acquired 20% of Qin Feng's Qin's Heavy Industries and Qin's Iron and Steel for $1 billion.
This news did not cause much turmoil in the United States.
Warren Buffett has always liked to invest in industry, which is obvious to all.
Moreover, usually if Warren Buffett invests in real estate, then don't expect any return in the short term. It will only pay off after a long time.
On the American side, it is barely on the "tofu block" of several newspapers.
After all, this kind of thing, just mention it. There's nothing to write about.
However, when it came to China, it was different.
Who is Warren Buffett?
These are people you don't usually see. Now he actually invests in Qin Feng's factory.
That's a big deal.
When did Qin Feng get involved with Warren Buffett?
The whole country was in a sensation.
After all, the current era is still a very foreign era.