Chapter 549: Is Jiang Hui Bad Money?

Did Korn Ferry take out $3 billion?

This really has to be calculated, Jiang Hui has no idea how much money he has for a while.

In terms of net worth alone, let alone 3 billion US dollars, even a few more 3 billion US dollars, Jiang Hui also has it.

However, Jiang Hui currently holds mainly stocks of companies such as Meituan, Intranet, and Tudou, and although these stocks are of extraordinary value, they cannot be used as money after all.

At this time, the layout of the financial market at the beginning of the year began to show its value.

Jiang Hui has successively invested nearly 10 billion yuan in the financial department of Guanghui Investment through the sale of equity and the profits of Guanghui Games. After nearly a year of investment in 2006, thanks to the rapid development of the stock market of the Celestial Empire and the accurate grasp of the fluctuations of the international crude oil market, there are now nearly 30 billion equity and futures on the books. More than half of this is held in US dollars by Korn Ferry's overseas companies.

If you really want to buy it, you can raise 3 billion US dollars at home and abroad, and you can really get it.

Of course, three billion is only Jiang Hui's bottom line, and it would be best if it could be only slightly higher than Tata's original price.

"Mr. Pi, the acquisition of Jaguar Land Rover is one of the next focuses of the Korn Ferry Group, and now Mr. Guan is advancing, and you will also join this acquisition team to win him at the right price as soon as possible," Jiang Hui said to Pi Wei.

"No problem, having the team of Korn Glory Motors join the acquisition of Jaguar Land Rover will give everyone more confidence in the company's prospects."

"What you said is also reasonable, in addition to the members of Guanghui Automobile participating in the acquisition, the electric vehicle project should be carried out in earnest."

"Mr. Jiang, as far as I know, Jaguar Land Rover is not good at electric vehicles, and we still won't need their technology when the time comes."

"Because they're not good at electric cars, we have to do it ourselves. Korn Ferry will first develop several core technologies of electric vehicles, and then combine them with Jaguar Land Rover's platform to launch models."

"That means we will develop our own electric system first, and then use Jaguar Land Rover's body and chassis."

"That's pretty much it. The most critical thing for electric vehicles is the three-electric system, as long as the three-electric system is done, the rest is easy to do."

The "three electrics" of electric vehicles refer to: battery, motor, and electronic control, which are the key technologies of electric vehicles.

The "three electrics" technology is also a new technology that distinguishes electric vehicles from traditional vehicles. Among these three technologies, the battery is the most important, it affects the mileage of a single charge of the car, the cost of car production, etc., and this is exactly what the Guanghui Group is best at, you must know that ATL is to make batteries, and CATL, which was born out of the ATL power battery department in later generations, is one of the few battery manufacturers in the world, and it is the only manufacturer with international competitiveness in the Celestial Empire.

"It's also said that if we can make Sandian famous in the next year, it will be very good, after all, time is limited."

"You can fully cooperate and communicate with ATL for the battery and electronic control of the three electrics, and if the motor is good, you can choose one, and then let Guan Weidong come forward to buy a motor manufacturer back, and you will develop a new motor based on the current technology of others, which is much more efficient than starting from scratch," Jiang Hui said.

Electric vehicle motors convert the electrical energy of the power supply into mechanical energy, either through the transmission or directly to drive the wheels and working devices.

Drive motors used in electric vehicles are not the same as conventional industrial motors. The drive motors of electric vehicles often require frequent start-up and stop-and-roll, acceleration or deceleration. High torque is required at low speed or climbing, low torque is required at high speed, and a wide range of shifts is required. Industrial motors, on the other hand, are usually optimized at the rated operating point. As a result, EV drive motors are unique and need to be developed separately.

It is still relatively difficult to develop a motor from scratch. At present, there are more than 200 domestic motor enterprises in Tianchao, with large and small production scales and different technical strengths. In the automotive industry in later generations, there is an interesting phenomenon, that is, more and more vehicle companies began to produce their own motors, or cooperate with motor companies, and the two sides established joint ventures. Jiang Hui also does not want the core components of Guanghui Automobile to be in the hands of others in the future, so he prefers to acquire it himself and then redevelop it.

"Okay, I know an island man who works at Sanyo Electric, and although he may be about to retire now, his skills are very good, and I want to see if I can dig him up."

Sanyo Electric Co., Ltd. was founded in 1947 by Toyoo Ue, and in 1950 was founded by Konosuke Matsushita's brother-in-law and a former employee of Matsushita Electric. The company's name, which means "three seas" in Japanese, refers to the ambition of the company's founders to sell their products around the world, across the Atlantic, Pacific and Indian oceans.

Although everyone's impression of Sanyo usually stays on household appliances, such as Sanyo washing machines, Sanyo air conditioners and the like. But in fact, Sanyo's motors are very good, and it can be said that they are the world's leading.

In the previous life, at the end of 2008, Panasonic reached an agreement with three financial companies, including Sanyo Electric, including the American financial giant Goldman Sachs, the major shareholder of Sanyo, to publicly purchase Sanyo shares. Panasonic spent more than 560 billion yen (340 billion yuan) to incorporate Sanyo into its subsidiary.

From this point of view, Jiang Hui felt that after the financial crisis, he could see if there was an opportunity to grab Panasonic's meat and buy Sanyo. Of course, it may be difficult to rely on the Korn Ferry Group alone, and you can consider bringing SoftBank in and letting SoftBank come forward to acquire it through some interest swaps, so that the possibility of success is greater.

As for the money for the acquisition, with the gold-absorbing artifact of Guanghui mobile phone and the existence of the Guanghui Investment Finance Department, there should be no problem.

"You can mobilize your old relationship more, like the old expert of Sanyo Electric you just said, as long as you can dig it up, no matter how high his income was before, we will directly double it. In terms of poaching people, I don't think there is anything that can't be solved with a box of dollars, if not, then another box," Jiang Hui said proudly.

For talents who truly master the core technology, Jiang Hui is willing to spend a lot of money. These talents are often foreigners, and for foreigners, we cannot expect people to be full of humanitarian spirit and serve the Celestial Empire without remembering hardships; the best way is to smash them with money until they are moved.

"Mr. Jiang, with your words, then I'm really welcome. Guanghui Automobile is too short of people now, and there is still a lack of high-end talents who have mastered the core technology in China, so I will poach people from Europe, America and island countries, but the price will definitely be great."

"Let's dig it out, put you in the glorious car, it's really lacking in everything, but I will definitely not let you lack money."

(End of chapter)