Chapter 273: Cooperation with Chery
Regarding Yin Tongyue's final proposal, Zhou Shi did not refuse. In his previous life, he still had a good impression of Chery, as a technology-led enterprise, full of craftsman spirit and a strong engineer atmosphere. It's a bit regrettable that they lost in the competition with Geely, and now Chery is still a little better than Geely. Yin Tongyue was able to put down his face and come to him, which was quite far-sighted.
Lang had the intention of having a concubine, and the two sides began to discuss cooperation. Paying money for shares or directly buying stocks in the hands of the government is just a technical matter, and Zhou Shi does not need to worry about these things.
"By the way, did Geely buy DSI?" Zhou Shi suddenly thought of something
"DSi Automatic Transmission Company?"
Geely is too stupid, Zhou Shi reminded them, don't do it yet, after a period of time, DSi will still have scientific research and technical personnel? DSI automatic transmission company is a set of research and development, manufacturing, sales as one of the automatic transmission professional company, is one of the only two independent automatic transmission companies in the world. If it weren't for the bankruptcy of Ford and South Korea's Ssangyong, and the same production cuts by Australian automakers, which caused DSI's sales to plummet by half, they would not have had this opportunity.
"How about we go and buy this company, and then merge with Qirui with cash and shares?" Zhou Shi originally wanted to cooperate with Geely, but they couldn't look down on Zhou Shi, so they had to change people. Forget about whether you are engaged in technology or with technology, this may be the best result.
"No problem, we've been staring at them for a long time, but unfortunately the funds are not enough, and the above feels that the risk is too great, so we haven't taken action. "Yin Tongyue
"In the past two days, you have arranged for someone to come over and assist Galaxy Capital in acquiring DSI. "Zhou Shi doesn't talk nonsense, Qirui has been hooking up with DSI for a while, there are still people who are familiar with the situation, and Galaxy Capital can also do less preparations.
"By the way, if we want to acquire a car brand, which one is more suitable?" After discussing some things about Galaxy Capital's shareholding, just before leaving, Yin Tongyue asked Zhou Shi, it seems that he still has some doubts about this matter.
"In many ways, the best option is Volvo, and the most realistic choice is Saab Cars. "Zhou Shi doesn't like to sell guanzi, so he can say it directly.
Saab, like Volvo, is a Nordic company that originated from the merger of Scania Motors and Swedish Aircraft Ltd., so the car company had a lot of aircraft elements, such as the turbocharging of the engine, which they pioneered. They are also world-leading in terms of safety, even more advanced than Volvo. Even for the sake of safety, they never take the initiative to promote their safety, so as to avoid the psychological dependence of users, and relax when driving a Saab car. Saab is the only car brand in the world that has achieved the European New Car Safety Assessment Association's five-star safety standard for all models, and the excellent interaction of safety systems can maximize the safety of the occupants. The proportion of hot-stamping steel in the past 95 vehicles is more than 60%, which is absolutely moving, and there is no ancient car before and no one behind it.
However, such a car brand is going to die out after all, although it has all kinds of advantages, but this is always a niche brand, a demanding fan group, old-fashioned and stubborn Saab car people, can not scale, limited sales of Saab in the subprime mortgage crisis of GM is going bankrupt, and finally it is time to go bankrupt.
The first target Zhou Shi chose for Qirui was Sabo, because the current GM, or the bankrupt GM, can make a deal as long as there is money. In the previous life, even BAIC could acquire Saab's technology, which brought them huge development, and this time Qirui should have no problem making a move. Although the price of selling is much higher now, the value of technology is constantly depreciating, and the sooner you use these technologies to develop your own car, you can gain more. What's more, after the acquisition of Saab by Shijue in the previous life, GM, which broke away from bankruptcy, changed his policy, preferring to let Saab disappear completely rather than let Saab's technology flow into China.
"Volvo and Saab!" Yin Tongyue thought about the names of the two brands.
Zhou Shi also sent people from the White Tiger Fund to go directly to Australia to buy the company DSI, and if they refused, they would definitely go bankrupt.
The cooperation between Galaxy Capital and Qirui is still ongoing, and the people from UBS have found Zhou Shi here. After the crude oil was cleared, Zhou Shi gave them $500 million and asked to continue to buy shares of a certain company.
"Simon, I'm very sorry, through our investigation, Volkswagen's performance may decline sharply, coupled with the impact of the subprime mortgage crisis, the shrinkage of the European and American automobile consumer market, Volkswagen may be driven by the decline of Ford and GM The stock price fell sharply, so we specially came to remind you of this risk. "UBS's Fried
"Oh, thank you for your kindness, I see. Zhou Shi said nonchalantly, by the way, what he bought was Volkswagen stock.
"Do you need to think a little more about this investment?" said Fried
"Have you already traded for the $500 million?" Zhou Shi thought for a while and asked
"Well, it's all closed. "Fried
"Oh, I wanted you to buy me another $500 million in Volkswagen stock, but it looks like it won't work this time. Zhou Shi sighed slightly
"Simon, you're too risky, and if Volkswagen's stock price falls and your loan with the bank is about to mature, it could be a big loss. Fried didn't say anything about the 500 million funds, and was still persuading Zhou Shi to pay attention to investment risks and capital safety.
"Thank you for the reminder, but don't worry, I'm making a little bit on Wall Street and I won't have any problems with my cash flow. If UBS was wary of the risks of that loan, I would have gone to another bank. Zhou Shi said indifferently. For them, Zhou Shi's loan is almost a risk-free business, and there is no need to be afraid at all.
"We don't mean that, just to remind you of the risks. "Fried
"I just watched the decline of American cars, and German cars and Japanese cars will develop even more, but unfortunately I don't like Toyota, otherwise Toyota would be a better target. I plan to hold this Volkswagen stock for a long time, and it would be nice to double it in ten years. Zhou Shi still kindly gave him an explanation. The current market value of Volkswagen is less than 50 billion US dollars, and it is not difficult to double the market value of Volkswagen without competition, Zhou Shi's explanation is very reasonable.
"There is a lot of uncertainty in the development of Volkswagen, and I think you need to be more cautious......" Fried seemed to have more courage when he heard Zhou Shi's words.
Of course, Zhou Shi knew to be cautious, if he didn't know something, why would he have to wait until the end of the year to take a look at the stock prices of various companies. It's a pity that there are no ifs in reality.
Thanks to Ako Goofy and Yanmo for the monthly pass
(End of chapter)