Chapter 753 Full cooperation with Volkswagen
After officially reaching a peace with Ferdinand Piëch, the next thing is to wait for the shareholders' meeting of the German Volkswagen Group, but Su Chenyu is not idle during this time!
is taking advantage of the short time before the shareholders' meeting, Su Chenyu is planning a big event, but for the sake of confidentiality and in order to allow this matter to go smoothly, this matter has been hidden "behind the scenes". Even, in order to hide people's eyes, Su Chenyu deliberately asked Tianchen Fund to continue to vigorously acquire the shares of the German Volkswagen Group, making a posture of controlling the German Volkswagen Group.
You must know that Tianchen Fund's consistent code of conduct is to wholly own or control, so what they do in the German Volkswagen Group has to make everyone wonder whether they want to control the German Volkswagen.
Therefore, all of a sudden, the eyes of the world's automobile industry are all focused on the German Volkswagen Group, and everyone wants to know what the final plot will be? Because once the Tianchen Fund completes the acquisition and holding of the German Volkswagen Group, then the entire international automobile industry will cause a huge reshuffle.
With the huge fund support of Tianchen Fund, the German Volkswagen Group, which has gradually recovered, is likely to quickly grow into a supergiant, and then the international automotive industry will definitely attract a subversive reshuffle. Since the German Volkswagen Group is going to rush up, then some auto giants will naturally be pushed down, and the most important thing is that the rise of Volkswagen of Germany must seize the market share of other auto giants.
Coupled with the Huaxia Automobile Company, which has begun to look like a giant in the far east, the traditional giants of the international automotive industry really feel Alexander. If the rise of Volkswagen in Germany, the international auto giants can still accept it, after all, Volkswagen is originally a hegemon in the European automotive industry, Beetle, Golf and other models are popular all over the world, and sales are the best in the entire automotive industry.
However, the rise of Huaxia Automobile Company is a bit unhappy for those international automobile giants, after all, Huaxia Automobile Company has a Chinese market with unlimited potential behind it - this is the most terrifying. Moreover, the most painful thing is that the strong dominance of Huaxia Automobile Company in the Chinese market has simply squeezed the hearts of those international auto giants who want to die.
Therefore, the traditional giants of the international automobile industry decided to let go of the German Volkswagen and teach the nascent Huaxia Automobile Company a good lesson. Yes, yes, we can't teach you a lesson in the Chinese market, so we can "encircle" you in the international market.
Hehe, I have to say that these international auto giants are really thinking too much.
In the midst of the uproar, the shareholders' meeting of the German Volkswagen Group finally kicked off, and now everyone wants to know -- what is the attitude of the Tianchen Fund? How many shares of the German Volkswagen are in their hands? What will happen to the German Volkswagen in the future?......
Wolfsburg, known as "Wolfsburg", is the fifth largest city in Lower Saxony and a city that rose up because of Volkswagen. Yes, the city of Wolfsburg was founded because of Volkswagen, and don't believe it – in 1938, Hitler founded the city of Wolfsburg in order to house Volkswagen employees.
So, everything in the city is about Volkswagen, which is the heart and back garden of Volkswagen.
At the headquarters of Volkswagen City, Su Chenyu officially attended the Volkswagen global shareholders' meeting as a representative of Tianchen Fund, and it was time to end this "big show".
To be honest, as soon as Su Chenyu, the representative of Tianchen Fund, appeared, all Volkswagen shareholders present at the meeting had their eyes on him. Now, everyone wants to know how much Volkswagen the young man owns, including representatives of the Lower Saxony government, Wolfgang Porsche, and even Ferdinand Piëch, who was already on the scene, wondering how much of his "alliance of interests" really has.
Soon, this issue of concern to everyone was finally unveiled - the shares of Volkswagen Group in the hands of Tianchen Fund have reached 28.45%, successfully surpassing the government of Lower Saxony and becoming the largest shareholder of Volkswagen Group in Germany.
It has to be said that this figure is both surprising and disappointing, and at the same time it is a hard relief for some people - such as Wolfgang Porsche.
The topic of this shareholders' meeting is very simple and clear, first of all, Su Chenyu, as the largest shareholder holding more than 20% of the shares, directly vetoed the Volkswagen Group's corporate strategy of forcibly merging Huaxia Automobile Company. There is no doubt that this is a shot at Ferdinand Piëch, you know, the merger and acquisition of Huaxia Automobile Company was proposed and personally responsible for Ferdinand Piëch. Now, Su Chenyu directly vetoed this matter with the "popular law", which shows that he wants to take action against Ferdinand Piëch.
As a result, everyone began to speculate whether Su Chenyu would step down as chairman of the board of directors and CEO of Dinand Piëch. Even, Wolfgang Porsche is ready, as long as Su Chenyu attacks Ferdinand, then he will follow as soon as possible, and he has been planning for a long time for that position.
However, he never expected that Su Chenyu's veto of Volkswagen's proposal to acquire Huaxia Automobile Company was actually supported by Ferdinand Piëch.
At this moment, everyone was dumbfounded, what does this mean?
However, in this way, everyone instantly understood one thing - Ferdinand Piëch has already publicized the Tianchen Fund, and his position seems to be worry-free.
This is not over, and then Ferdinand Piëch actually proposed that with the help of the relationship of Tianchen Fund, the German Volkswagen Group has officially reached a strategic partnership with Huaxia Automobile Company. In addition, Ferdinand Piëch said that Volkswagen of Germany will quickly open up the huge Chinese market through Huaxia Automobile Company. As for the sale of the general dealership of Volkswagen China to Tianchen Fund, Ferdinand Piëch only mentioned it, yes, just a mouthful.
In this situation, everything is clear, Ferdinand Piëch seems to have reached a peace with Tianchen Fund, then he will be supported by nearly 30% of Tianchen Fund's shares. Add to that Ferdinand Piëch's stake and the support of the Lower Saxony state government, and he will be firmly seated in the Diaoyutai without fear of Wolfgang Porsche.
Therefore, after the shareholders' meeting of the German Volkswagen Group, Ferdinand Piëch chatted with Su Chenyu with a smile on his face, while Wolfgang Porsche took the lead in leaving the conference room with a rather bad face. Watching his "old watch" deflated, Ferdinand Piëch felt indescribably comfortable, he was forced by his "old watch" before.
Now, with the big thick leg of Tianchen Fund, even without the support of the Lower Saxony government, he is sure to control the position of chairman and CEO of Volkswagen Group in his own hands.
I have to say that the efficiency of the Germans is indeed high, just after the end of the Volkswagen Group shareholders' meeting, Ferdinand Piëch connected with the staff of Huaxia Automobile Company, which had arrived at Wolfsburg. Soon, the two sides officially signed a "strategic partnership agreement", and Volkswagen of Germany will carry out in-depth cooperation with Huaxia Automobile Company in technology, marketing, research and development.
This is a complete surprise to the international auto giants, or not, their side is just preparing to block Huaxia Automobile Company in the international market. What are you doing with the Volkswagen Group?
However, soon, these international auto giants knew that they were really naïve.
Because, Huaxia Automobile Co., Ltd. announced that it will undertake the general distribution rights of all Volkswagen cars in China authorized by Tianchen Fund. In addition, Huaxia Automobile announced that it will use its own 4S store network to build a network of Volkswagen 4S stores throughout China to accelerate Volkswagen's sales and promotion in the Chinese market.
Paralysis, now it's okay, everyone understands, no wonder the Volkswagen Group wants to dismantle the stage, this Nima turned out to have such a big benefit - the huge Chinese market.
However, this is not the end, just after Huaxia Automobile, Volkswagen of Germany also announced that they will help their strategic partners officially enter the German and European markets. So, Mercedes-Benz and BMW were dumbfounded, and scolded the Volkswagen Group for being a wolf in the house.
However, it is useless, because they will do the same, because the German Volkswagen has exchanged the German and European markets for the Chinese car market with unlimited potential. In other words, none of these international auto giants know the future of the auto market, and it is in China.
Now it's good, the German Volkswagen Group is one step ahead of other international giants, and it's a big step.
Not only that, but after the German Volkswagen Group, the plan of the international auto giants to block Huaxia Automobile Company in the international market was completely bankrupt.
Hehe, that's not all, and soon, they knew how terrifying this car power from the East really was......