Feng Xiaochen chose to resign from the position of general manager of the equipment company at this time, the main reason is that he is eyeing the opportunity of Europe falling into a debt crisis, and is ready to take advantage of the fire to rob and maximize the industrial heritage that Europe has precipitated in the past few hundred years.

As early as more than ten years ago, Feng Xiaochen had already started to prepare for this matter. He used the funds of Chen Yu Company to register a number of investment companies in some offshore registration centers, and in the capacity of these companies, he controlled some small enterprises in Europe. After more than a decade of development, these small businesses have gradually blurred their original identities and make people look like they were born and raised in Europe. With these companies, if Feng Xiaochen wants to acquire some sensitive businesses in Europe, he has agents who can carry out all kinds of mysterious operations.

Since then, Feng Xiaochen has been waiting for the European debt crisis to come. He knows that when the European debt crisis sweeps across Europe, in order to stabilize their finances, European countries will sell off a large number of various assets, including many industrial enterprises with a history of more than 100 years. At that time, China, as the world's most well-funded and market-rich country, will undoubtedly become the most important acquirer for European companies.

Technology is very particular about accumulation and inheritance. China has imported a large number of advanced technologies from the West, and on this basis, a large number of independent and innovative technologies have also been formed. However, after all, China has nearly 200 years less industrial history than the West, and has many shortcomings in terms of technological inheritance. The acquisition of European companies is undoubtedly the best way to make up for these shortcomings. Once these century-old European companies fall into the hands of the Chinese, the Chinese can send workers and technicians to these enterprises to work with their European counterparts and receive their teachings. As a result, Chinese companies can also gain access to the production patents and in-house production management experience of these European companies, which is even more valuable than the former.

In addition, European companies also have soft assets such as markets, brands, and goodwill, which are also crucial for Chinese companies that lack visibility in the international market.

As for the fact that these companies have already fallen into operational difficulties before being acquired, and there are serious losses, it does not matter to Chinese companies. China has a huge market, and European companies are technologically advanced enough to rely on the Chinese market for blood, and these companies can quickly come back and earn back all the investment for the acquirer. This is something that companies in other countries cannot match. If the same European company is acquired by the United States, Japan or European peers, the situation will not improve, but if it is acquired by a Chinese company, then it will immediately change its face.

Of course, equipment industry companies can also go to Europe to carry out the task of acquiring enterprises, and there have been many cases of large state-owned equipment enterprises acquiring European enterprises. But Feng Xiaochen knows that as China's M&A investment in Europe continues to increase, some Western forces will begin to clamour, which will eventually lead to the introduction of various restrictive policies by the EU, one of which is to use the principle of free market economy as an excuse to set up obstacles to the mergers and acquisitions of the Chinese government and Chinese state-owned enterprises. Of course, the further restrictive measures of Western countries are to prohibit China from acquiring so-called "sensitive technologies" in the name of military security, and this restriction does not distinguish between state-owned and private-owned enterprises, as long as it is a Chinese enterprise, it is within the scope of Western restrictions.

Knowing this, Feng Xiaochen decided to leave the equipment company temporarily and operate this matter as a pure civilian. This is not to say that Feng Xiaochen is the only one in China who knows how to merge and acquisition, but that he thinks he has the memory of two lifetimes, and he can see some things farther than others, and the means are richer. If he doesn't handle such a thing himself, he will regret it in the future.

The position of general manager of the equipment company is no longer very attractive to Feng Xiaochen. The country's equipment research and development work has been very standardized, and all equipment manufacturing enterprises have formed strong research and development capabilities, and because they have tasted the sweetness in research and development, they also have the enthusiasm for independent research and development, and there is no longer a need for Feng Xiaochen to go around like a firefighter to promote research and development work. The young generation of the equipment company has grown up, and several young middle-level cadres have also reached the time for promotion, Feng Xiaochen's resignation is actually to make way for young people, which can help them become talents quickly.

Feng Xiaochen reported his ideas to Meng Fanze, Luo Xiangfei and the leaders of the National Development and Reform Commission, and the old and new leaders felt that his ideas were unbelievable at first and reprimanded him for fooling around. When Feng Xiaochen finished analyzing the various interests, everyone was silent and finally agreed with his idea. However, the leaders also spoke, saying that when the matter is over, he will have to return to the system, and he will be given a "heavier burden" at that time, and he should not want to hide from anything.

Feng Xiaochen insisted on resigning to do investment matters, and there was another reason that was not humane to outsiders, that is, to avoid the suspicion of melon fields and plums. The chess pieces he laid in Europe are the owners behind Chenyu Company, and Chenyu Company is the business of Feng Xiaochen's family. Enterprise mergers and acquisitions are often billions or even tens of billions of yuan of capital flow, if someone wants to find some flaws in it to pour dirty water on him, he will be relatively passive. If he does everything properly in order to avoid suspicion, then he will inevitably miss some good opportunities.

And when you resign from public office, all these troubles are gone. Feng Xiaochen took over the title of chairman of Chenyu Group Company from his father Feng Li, and quickly established a Chenyu International Investment Company and served as the general manager, and his identity completely became the owner of a private enterprise. As a private entrepreneur, no matter how much money he makes through capital operation, others have nothing to say, and there is no need for old leaders such as Mr. Meng to carry the thunder for him.

Feng Xiaochen doesn't need to say this kind of thing to the leaders, but the leaders can also imagine it. Feng Xiaochen's family business has always been a flaw in Feng Xiaochen's career. It was a wise move for him to choose to give up public office and change his identity.

Although he resigned from public office, Feng Xiaochen's influence in the equipment circle was not affected in the slightest. Whether it is a state-owned enterprise executive like Wang Weilong or a private entrepreneur like Ruan Fugen, they all know Feng Xiaochen's connections at all levels, and even some people know the agreement between the superior leaders and Feng Xiaochen, and know that Feng Xiaochen will make a comeback in a few years, and his position will be improved, who would dare to regard him as a loser who has been eliminated by the system because of this?

Putting aside his connections and backers, Feng Xiaochen's vision is also fully convincing to everyone. In the past 30 years, none of the things that Feng Xiaochen is optimistic about have had a satisfactory result? But what is the thing that Feng Xiaochen has promoted, which one has not allowed the participants to win more and more? With so many achievements, now that Feng Xiaochen has called on everyone to go to Europe to buy the bottom, who would doubt the value of this opportunity?

Chen Yu International Investment Company quickly received the support of hundreds of private enterprises, and a group of entrepreneurs led by Ruan Fugen enthusiastically joined the shares, and quickly raised tens of billions of yuan. At the beginning of the establishment of Chen Yu State Investment, several state-owned banks had already greeted Feng Xiaochen and provided him with a credit line of more than 100 billion yuan to facilitate him to go to the European market to "buy, buy, buy".

Chen Yu Guotou's business model is to buy bankrupt companies in Europe, and then sell them to domestic companies after packaging, so as to earn the difference. Some European companies have a large and complex business, and it is difficult to find a corresponding company in China, so Chen Yu Guotou will divest different businesses and sell them to different companies. In addition, if a domestic company wants to buy a European company, but suffers from lack of funds, Chen Yu Guotou can also help it find other companies to cooperate with the purchase, and only need to share the company's resources according to the amount of capital contribution in the future.

This time, Chen Yu Guotou set his sights on Pumai Construction Machinery Company, and also had the idea of splitting and reselling it. The most famous product of Pumai company is its concrete pump truck, and Chen Yu construction machinery company happens to also have this business, the future pump truck technology, production capacity and brand, are to be eaten by Chen Yu construction machinery company. Prometheus also has excavators, cranes, pavers and other products, and there are also corresponding enterprises in China, as long as the price is right, they are willing to buy in order to improve their technical level.

Prometheus also has some patented technologies common to various products, Feng Xiaochen intends to let Chen Yu Construction Machinery Company take over, and then license to other peers in the future to earn a lot of licensing fees. The Stuttgart plant will retain some of its operations, but on a much smaller scale than in the past. In this way, the original factory area will also be rich, and this part of the vacated factory area can be transformed into a logistics center, etc., I believe that domestic multinational logistics companies will be interested in this.

The finance department of Chen Yu Guotou made a precise calculation and confirmed that if it could buy all the tangible and intangible assets of Prometheus Construction Machinery Company for no more than 2.5 billion euros, then the business would be cost-effective. Feng Xiaochen asked his subordinates to have a preliminary communication with Prometheus Group, and the other party confirmed that the transfer could be carried out at such a price, but some specific details still needed to be negotiated face-to-face, which led to Feng Xiaochen's trip to Europe.

Bovard had several dealings with Feng Xiaochen and was impressed by the general manager of China Equipment Industry Corporation. This time, seeing Feng Xiaochen's name appear on the fax sent by Chen Yuguotou, Bovard was stunned for a moment, wondering if it was two people with the same name and surname. When he found out that it was the Feng Xiaochen he knew who got off the business car, he knew that Feng Xiaochen had changed his identity, although he didn't know what the reason for this change of identity was, but Bovard understood that this negotiation might not be pleasant.