Chapter 776: Reassurance

As the provincial capital, Wuyang's administrative level of the first and second leaders is half a level higher than that of ordinary prefecture-level cities, and it belongs to the vice-ministerial city.

Since the number one leader is going to inspect the Guanghui Automobile Base, Jiang Hui will definitely go to greet him.

"Mr. Jiang, it's rare for you to come to Wuyang in person, how about it, I'll be the east in the evening, let's have two drinks", when Secretary Chen got out of the car and greeted Jiang Hui and I received it, the first sentence was to invite Jiang Hui to have dinner together.

As the head of the government department, it is necessary to receive investors at two ends in three days, which is relatively common in first-tier cities such as Wuyang, but in remote inland cities, there are few investors and less entertainment in this area.

"Listen to it," Jiang Hui said with a smile.

Guanghui Automobile acquired Jaguar Land Rover, and its headquarters is in Wuyang, Secretary Chen and they can resist calling themselves directly, which is already very good.

Now that he has come to Wuyang, Jiang Hui is naturally not good at refusing the invitation again.

"Mr. Jiang, don't talk about it, this hot news of the Celestial Empire, there is information about your Guanghui Group almost every three or five days", Secretary Chen said while following Jiang Hui forward.

Speaking of which, Guanghui Group is estimated to be the company with the most headlines throughout the day, Guanghui Weibo, Tudou, School Net, Guanghui mobile phone, Guanghui drone, Guanghui mobile phone, Guanghui film and television......

Companies are always doing something from time to time, and the exposure rate is not ordinarily high.

"This is all thanks to the love and support of the leaders, just like our glorious automobile base, if there is no Secretary Chen and Wuyang leaders at all levels of care, how can it be built so quickly to today," Jiang Hui said.

"Speaking of Guanghui Automobile, I haven't congratulated you on successfully bringing Jaguar Land Rover under your command, and the prestige of the country has increased," Secretary Chen said.

"Hey, this business, at present, it is generally said that we have bought a loss, whether it is a successful acquisition, it depends on the performance in the next few years," Jiang Hui said.

In the past few days, some information related to the acquisition of Jaguar Land Rover by Guanghui Motors has been disclosed one after another, and even Tata Motors' bid of 2.05 billion US dollars has been reported in the news.

Compared with Tata Motors' bid, Guanghui Motors is almost 20 percent higher, and in addition to promising to invest $500 million in research and development expenses in the next three years, many so-called "brick families" feel that Guanghui Motors has made a failed business.

There are even some Chinese bricks who should be far away who wrote about the issue of Jaguar Land Rover's pension, saying that in the future, Guanghui Automobile will spend at least one billion US dollars to fill in the hole, and it is unlikely that this business will make money.

Judging from the current situation, the acquisition of Guanghui Automobile is indeed not a successful case, after all, from the perspective of investment income ratio, this is likely to be a long-term unpaid thing.

However, no one knows what kind of growth stage the Celestial Empire's automobile market will enter in the next few years, and many brands have become their largest source of profits due to the expansion of the Celestial Empire's market.

Jaguar Land Rover and later Volvo are the most obvious cases!

It is precisely because everyone thinks that this is a loss-making business that it is the turn of Guanghui Automobile, an unknown company in the automotive industry, to acquire Jaguar Land Rover, otherwise do you really think that Mercedes-Benz, BMW and Toyota Volkswagen are eating dry food?

Do you buy a Honda or a Hyundai for $2.5 billion?

You can't buy it with a single zero!

"Under the leadership of Mr. Jiang, Guanghui Group has always been a company that is good at creating miracles, and I believe that Guanghui Automobile is no exception.

"Indeed, the first engine prototype will be off the assembly line after the Spring Festival, and at the same time, our other workshop equipment has arrived one after another, and it is expected that all the installation will be completed in the first half of this year, enter the state of trial production, and strive for the official mass production by the end of the year," Jiang Hui said.

This information, as the leader of Wuyang, has a special person to report to Secretary Chen every time, so in fact, what Jiang Hui said is very clear, but it is clear and clear, what others report and what Jiang Hui said, the meaning is different, and the authority is also different.

"Then you can be regarded as setting a record for this speed, which was completed and put into production in less than two years," Secretary Chen said.

Wuyang City's own subordinate Wuyang Automobile itself also has a number of joint venture factories, for the construction progress of an automobile production plant, investment and other content, Secretary Chen also has a number in his heart, and now he sees that the progress of Guanghui Automobile is obviously faster than others, and he is also very admired.

"Time is money, and our ancestors didn't lie to us. I am very optimistic about the future of the Celestial Empire's automobile market, and if we don't hurry up to launch the models, when other companies occupy the market, our development resistance will be great," Jiang Hui said.

"Although the first month of 2008 has not yet passed, but the global economy under the influence of the subprime mortgage crisis, there have been some instability, some people even think that the crisis will become bigger, why is Mr. Jiang so confident in the automobile market in the next few years?", Secretary Chen said with a somewhat instructive tone.

"The subprime mortgage crisis will get worse and worse, and I believe that there will be an economic crisis every once in a while in capitalist society, and this has become a law, and I think this law will continue to play out in a short time.

However, I firmly believe that our Celestial Empire can quickly get out of the crisis, our government can play a lot of cards in the hands of the government, in addition, since joining the TO, GDP growth has exceeded double digits for five consecutive years, the people have accumulated a lot of wealth in their hands, and the price of cars is constantly falling, if the government introduces some preferential measures, I think the car market will soon usher in a blowout," Jiang Hui said.

"Now there are not many entrepreneurs like Mr. Jiang who are full of confidence in the economy of the Celestial Empire, but we need entrepreneurs like you who are full of self-confidence, full of pioneering spirit, and full of confidence in the future of the country," Secretary Chen said with emotion.

For a long time, most of the private enterprises in the Celestial Empire rushed into it when they saw what industry was making money, and after making this industry bad, one swarm rushed into another industry, making many industries have no money to make.

There are people who do the business of killing, but no one does the business that makes money.

In order to make money, many things that reduce quality or fake and shoddy things happen, and the punishment of the Celestial Empire in this regard is not very large, which leads to this phenomenon to be even more rampant!

(End of chapter)