Zhou Shi's wealth surpasses that of most members of the Huaxia Entrepreneur Club, and last year he also partnered with two of the club's founding members (Huiyuan Zhu Xinli, TCL Li Dongsheng). First of all, it was because everyone knew each other that there was later cooperation.

At this year's party, everyone was much more enthusiastic about Zhou Shi, such as Geely's Li Shufu, who was eager to leave Tianhe Securities, and later hired Goldman Sachs as a guide. However, Goldman Sachs habitually cheated people, and Geely's purchase price for Volvo was as high as $3.5 billion under the guidance of Goldman Sachs and Rothsson. Zhou Shi, who couldn't bear to suffer such heavy losses from domestic companies, made a decision to help Geely when he received the internal report from Tianhe Securities. Therefore, Volvo's CEO Stephen Odell was found and obtained a lot of inside information, so Li Shufu avoided huge losses and lowered the acquisition offer by $1.7 billion. The risk of overseas acquisitions can be seen, there is no trustworthy cooperative company, and you can only blame yourself for being pitted, and you may not be able to buy good assets if you pay more money, and the bumpy road of Geely and TCL overseas mergers and acquisitions may explain a little problem.

"Mr. Zhou, thank you so much for what happened last time. Li Shufu once again said words of gratitude in front of everyone, of course, this was to give Zhou Shi more face. Or in front of Chinese entrepreneurs, build momentum for Zhou Shi.

"You're welcome, this is what I should do, and I have to do things when I collect money. "Zhou Shi

"What did Xiao Zhou do to help Lao Li?" Liu Lao walked over

"If it weren't for Mr. Zhou's help, Geely's offer to acquire Volvo would be more than a billion US dollars, and the company would have many problems to be covered up. "Li Shufu

"Oh, what's going on?" Liu Lao asked curiously, and the two of them talked carefully, and many people gathered around and listened carefully.

Speaking of which, Geely's acquisition of Volvo is really hard, and it is much more difficult than Chery's acquisition of Saab, and of course Chery's resilience is much smaller. The gap between founders, shareholders, and business leaders is actually very obvious.

According to Chinese law, Chinese enterprises are required to go through at least three departments for approval – the National Development and Reform Commission, the Ministry of Commerce and the State Administration of Foreign Exchange. The examination and approval of foreign investment projects is divided into the examination and approval of the project in the early stage of the project and the examination and approval of the project. The pre-approval of a project is an application made before the signing of an agreement with the outside world for the acquisition project, or "information report", commonly known as "road" in the industry. Previously, in the process of acquiring the British Rover Company, Li Shufu was snatched away by state-owned enterprises, and finally returned home. The reason why no one came out to dismantle this time is that on the one hand, it is the impact of the financial crisis and the grim situation in the global auto market. On the other hand, there is the negative impact of overseas acquisitions by state-owned enterprises, such as SAIC's acquisition of South Korea's Ssangyong, and SAIC Nanqi's acquisition of the British Rover Motors, as well as production shutdowns, union strikes and bloody clashes. In this regard, Changan Automobile, which has a cooperative relationship with Ford in China, gave up the acquisition of Volvo, and Geely was able to successfully get the "road strip".

Chery's acquisition of Saab has no competitors because of the relationship between Galaxy Capital, but because of the control of state-owned capital, there are many differences between the two sides. The main reason is the contradiction between the local government and Xinghe Capital, if Zhou Shi is willing to give in, it is still possible for Saab to be acquired by Chery as a whole. However, in that case, a high-end brand may be destroyed by life, and Chery's management is still not improved, and the internal unity cannot be formed, no matter how the market develops, Chery will gradually fall behind. Therefore, Galaxy Capital adhered to the policy of investing in shares and promoting Chery's listing. Fortunately, this is a local state-owned enterprise, and if it is a central enterprise, it will be troublesome.

Zhou Shi did not suffer much loss, through turbines and other means, made a lot of money on Geely Automobile, to know that Geely Automobile's share price from less than 1 Hong Kong dollars at the beginning of the year, the lowest 0.15 Hong Kong dollars, now more than 4 Hong Kong dollars / share, how much is the difference. Of course, due to the problem of market activity, BYD made the most money, and under the Buffett effect, the Four Elephants Fund earned 7~8 times in it. Oh, and in absolute terms, it was SAIC that made the most money. The original price of less than 6 yuan per share has now exceeded 25 yuan per share, and according to the calculation of 15% of the equity, the value of the Sixiang Fund has increased by more than 15 billion soft sister coins. So much so that some people are rumoring that Zhou Shi embezzled SAIC shares, causing the loss of state-owned assets, the damn pervert professor, the filthy man who does not pay for the junior in the third place, this careerist who was bought by interest groups.

The shares of BYD and Geely have been sold, and SAIC is to hold them for a long time, as well as Chery Automobile, and there are two automobile company stocks in China, which is basically enough.

"Xiao Zhou, didn't you invest in Geely's old rival, Chery Automobile, why did you help Geely again?" Li Shufu also explained what happened over there, and Liu Lao was also more strange about Zhou Shi's behavior. Under normal circumstances, there are people who tear each other down, and it is rare to help competitors in this way.

"If I say it's for the country's automobile industry, I don't know if you believe it or not?" Zhou Shi looked at everyone after speaking, thinking that they would mock themselves, but he didn't expect everyone to still have a serious face.

"I think most of the state-owned auto companies have no future, the future of the domestic auto industry depends on private enterprises, BYD's technology may go in the wrong direction, Chery's independent research and development road is destined to be very difficult, Geely's potential in China is unparalleled. I want to promote the cooperation between Geely and Chery to create a twin star concept in the domestic automotive industry and enhance the brand value of the company together." "Zhou Shi is not nonsense, it is also an independent car brand, it has also bought a Swedish car company, and it is also a safety comfort core, Chery and Geely have a lot in common. If the two companies maintain high-speed development, cooperate with each other, and do not bind publicity for the purpose of belittling each other, the brand effect can be superimposed, just like Coca-Cola and Pepsi, just like KFC and McDonald's. The domestic brands are OPPO and vivo, Huawei and Xiaomi, and the aggregation of brands is very powerful.

"Shufu is also willing to cooperate?" Liu Lao

"It's good for both parties and I'm certainly willing to cooperate. "Li Shufu

"It seems that we have to congratulate Lao Li on the successful acquisition of Volvo in advance!" Lao Liu also recalled and guessed something.

"Haha, thank you, thank you! The contract will be signed in a few days, and I will leave early after the gathering today. Li Shufu was also complacent at this time, no matter how much he boasted about Zhou Shi's contributions, he was always the one who bought Volvo, and this glory couldn't run away.

Everyone looked at Li Shufu with envy, and many people had mixed tastes.

(End of chapter)