Hu Wenhai will come to the imperial capital, of course, not only because of the Science and Technology Commission.

The two vice presidents of MTU's parent company, Mercedes-Benz and Siemens, have already arrived in China and are waiting to meet with Hu Wenhai in the imperial capital.

Although MTU is the leader of the diesel engine industry, it is really difficult for them to eat the three-billion dollar contract alone.

Even if Hu Wenhai loosened his mouth and could use equipment and technology to offset the debt, MTU also had no way to make his own decisions. Mercedes-Benz Daimler, as the head office of MTU, is even more unlikely to turn a blind eye to this matter.

After investigation and confirmation, Mercedes-Benz Daimler was extremely shocked that China had such advanced technology, but after all, business is business, and still retained the decision made by MTU to acquire the European patent authorization of IGCT.

Unlike the historical IGCT, which was born at an untimely time, IGCT, which came out nearly a decade earlier, made the GTO-gated thyristor a little embarrassing.

The performance of IGCT is undoubtedly a comprehensive crushing of the GTO, in addition to the large capacity inverter because of its large working current and a slight advantage, in the small and medium-capacity inverter, GTO technology compared with IGCT technology has no advantage at all.

Historically, IGCT was a technology proposed by ABB in 1997. This technology, which was supposed to replace the GTO in its entirety, is embarrassingly lagging behind from the start. The reason is very simple, in 1996, the fifth generation of IGBT was born.

Although IGCT has crushed GTO technology in the small and medium-capacity inverter market, it has been comprehensively crushed by IGBT technology.

In the end, the only field where IGCT can play a role is the electric drive of commercial ships, and IGCT is preferred because of the special application environment and technical requirements. In other fields, IGCT can only sigh the emotion of "both Shengyu and He Shengliang".

It can be said that IGCT is an ill-timed technology.

However, when IGCT technology was born ten years ahead of schedule, when GTO technology was still in its infancy, its market advantage was quite impressive.

The power electronics market, like any other market, is pyramid-shaped. The highest-end large-capacity inverter is only used in large substations, and the market size and profits are not satisfactory. Small and medium-capacity inverters are the products that support the power electronics market.

In all aspects of human life, it can be said that where there is electricity, there is a demand for inverter, rectification, chopper and frequency conversion. And these operations on electric currents are all inseparable from the support of power electronics.

You can imagine how big the market is.

If you take into account the global industry's demand for power electronics, there is no problem at all with annual sales of tens of billions of dollars. With this $3 billion investment, it is not surprising that the cost will pay for itself in two to three years.

This is the same as Hu Wenhai's sale of Yizhuhu Company, everyone only sees the transaction price of 10 billion US dollars, which is simply scared to death. But who can see that before that, the share dividend of Yizhuhu Company was two billion US dollars a year?

Compared to future earnings, Mercedes-Benz Daimler and Siemens can be said to have definitely made a good deal.

Compared with MTU, which only feels that its market is somewhat threatened, in the view of Siemens, which sold blood and liver to develop GTO technology, the emergence of IGCT is as bad as having been dug up the ancestral grave.

The GTO technology, which had just been pinned on high hopes, was slapped with the IGCT that suddenly appeared, which is to make the GTO become the original IGCT in history!

Siemens almost begged Mercedes-Benz Daimler to join the acquisition.

Not only that, in order to bring IGCT technology into the palm of its hands as soon as possible, Siemens has been urging Mercedes-Benz Daimler to arrive in China to prepare for negotiations.

The amount of cash, technology and equipment for a $3 billion project is undoubtedly a very huge negotiation project.

DuPont's $10 billion intake is focused on large chemical equipment and technology, as well as large industrial projects, technologies, and cash, securities and other capital.

The three billion dollars of Mercedes-Benz, Daimler and Siemens will be concentrated in the automotive industry and electrical engineering. Exactly which projects to introduce must be determined in the light of domestic demand.

Hu Wenhai came to the imperial capital this time, in addition to dealing with Mercedes-Benz, Daimler and Siemens, he also had the idea of sorting out resources and preparing to enter the automobile industry.

"Is ST planning to enter the automotive industry?"

The Machinery Industry Committee is a new industrial management ministry established on the basis of the merger of the Ministry of Machinery Industry and the Ministry of Ordnance Industry, and in 1982, after the nine Ministry of Machinery Industry were successively restructured into companies, the Machinery Industry Committee was established on the basis of the original two major ministries of industry.

As a member of the Machinery Industry Committee, chairman of the China Federation of Automobile Manufacturers and general manager of the China Automobile Industry Corporation, Chen Zutao sleeps and dreams with one eye open.

When he learned that Mercedes-Benz Daimler's people had arrived in the imperial capital, he immediately called one of his generals.

Jun is the general manager of the second automobile, he doesn't have much hair, and his hairline seems a little back. When he laughed, there were three deep crow's feet at the corners of his eyes that extended to his ears, and he seemed to be a little tired from his face.

However, there are not many times when **** Jun can laugh, because it is really difficult for the Chinese auto industry to have any good news that makes him feel relaxed.

Jun faced Chen Zutao's inquiry, and really frowned: "I haven't heard that Xinke has entered the automotive industry, and this time Mercedes-Benz Daimler came to China, it should be because of MTU's acquisition of IGCT technology." Although ST intends to work with Mercedes-Benz and Siemens, it may not necessarily enter the automotive industry. ”

Chen Zutao knocked on the table with his hand, looked at **** Jun and said: "Lao Wang, Zhang Changmou, general manager of Modu Volkswagen Company, is planning to retire recently due to physical reasons. The Demon City asked me about the candidate to take over, and I recommended you. You also know the mayor of the magic capital, and he is now holding a meeting of the National People's Congress in the imperial capital. I don't know too much about the situation of Volkswagen in the magic capital, so you can think about it yourself whether to go or not. ”

Coming out of Chen Zutao's office, **** Jun stood on the streets of the imperial capital and pondered while walking against the noon sun.

Modu Volkswagen is a place to do business, and the localization project of Poussin will be an opportunity for the great development of China's automobile industry. But the problem is also severe, why is Zhang Changmou, the general manager of Modu Volkswagen, not doing it? It's not that he doesn't want to do it, but he can't do it!

Modu Volkswagen is a Sino-German joint venture, and Volkswagen owns 50% of the shares of Modu Volkswagen through two vests, Volkswagen Group and Volkswagen China Investment Company. The remaining 50% of the shares are owned by Modu Automobile Company.

In this way, Zhang Changmou, the general manager of the Chinese side, has become a splint pig Bajie.

Not people inside and out.

The localization process was not satisfactory, and the public was not satisfied with his work. The requirements for domestic suppliers are high, and the introduction of equipment costs a lot of money, and some people say that he is a foreigner.

To localize the introduction of production equipment from abroad, Zhang Changmou and the German manager of Volkswagen have already negotiated, but when the contract is finally signed, he is stunned and does not dare to sign. You can only report it layer by layer, and then reply layer by layer before you dare to sign.

For example, for enameled wire used in automobile production, Zhang Changmou wants to buy Dürr's products. At this time, some people stood up and had great opinions: Why don't you buy Chinese products? Why do you have to follow Volkswagen's requirements and buy the products of the German company Dürr?

Because of the patent leather on the outside of the enameled wire, the lawsuit went all the way to the desk of Rao Bin, then chairman of the China Automobile Company and former head of the industrial machinery department. It wasn't until Rao Bin approved the purchase of Dürr's products that the controversy came to an end.

However, don't think that this is just an individual case, there are some things that even the respected chairman of China Motor, Rao Bin, can't suppress.

At the beginning, Modu Volkswagen was able to produce only four parts of Santana, tires, horns, antennas and standard rows, accounting for a total of 2.7% of the localization progress. But these four components have also gone through a-for-tat struggle.

In the case of horns, the Germans demanded that Santana's horn be able to be used 50,000 times. However, according to the actual situation in China - Germany has a ban on honking, but China can sound horns anywhere in the 80s, so he proposed that the localized horn must have a service life of 100,000 times.

For the sake of the extra 50,000 times of service life, the supporting companies thought that the magic capital public was stuck in his neck, and simply took the lawsuit to the Industrial Machinery Committee. In the end, it was the Modu Volkswagen Company and the German Volkswagen that came forward to make technical changes under the condition that the original plan was not changed much, and then the speaker localization was done.

Who dares to say that the water is not deep? What is the reason why the work is so difficult?

The reason is very simple, it is because the Modu Volkswagen itself does not have so much money, let alone foreign capital that can be used to introduce equipment.

Even so, there are still people who say that Zhang Changmou is "soft on the Germans". God is pitiful, as the Chinese manager, Manager Zhang, doesn't he want to be "hard"?

The reason why the waist pole is not hard is very simple, there is no money.

Jun knows these problems well, and he is not without confidence to take over the mess of the Demon Capital public. But now, a better opportunity lay ahead of him.

ST has abundant foreign capital, a cooperative relationship with Mercedes-Benz Daimler, and a bargaining chip that is difficult for the other party to refuse.

If it can persuade Xinke to enter the automotive industry, it will undoubtedly be a great benefit to the Volkswagen. With the capital of Xinke Company joining, the localization of Poussin will definitely get twice the result with half the effort.

But the question is, how can you convince ST to join?

Jun touched the card that Chen Zutao gave him before leaving. On that card, is the contact information of the mayor of the Demon City who is now in the imperial capital, and the contact person is his secretary, surnamed Lan. (To be continued.) )