Chapter 435: The First Acquisition Target

As the saying goes, people adorn clothes, horses adorn saddles, one looks at the two to see through. In the Celestial Empire, the first thing many netizens value when buying a car is the appearance, and many domestic models in order to take a shortcut, so a variety of copycat models have appeared.

This also made Jiang Hui realize that in order for Guanghui Automobile to rise, the cars produced must be beautiful, which is the main premise. Under this premise, it makes sense to consider price and quality.

Although Jiang Hui doesn't know how to design cars, he has seen a lot of beautiful cars in later generations, and he still has the ability to identify them. When the time comes, draw some general outline lines, and then let the professional design and stylist come up with a few appearance plans for Jiang Hui to choose, so as not to worry that the products of Guanghui Automobile are not beautiful.

"Mr. Jiang, according to your plan, this automobile industry group may be a bottomless pit when it spends money. Let's not talk about the purchase and construction of vehicle enterprises, even if it is a purchase of parts and components, especially those that have mastered some core technologies, the price is very high," Guan Weidong said.

As the actual manager of Korn Ferry Investment, Guan Weidong is still relatively familiar with the current capital situation of Korn Ferry Investment and even Korn Ferry Group, and it is difficult to carry out large-scale acquisitions in the absence of new sources of funds.

Jiang Hui naturally understands this truth.

"Mr. Guan is right, in the future, the investment in automobile projects will be in tens of billions. Of course, the group really can't come up with that much cash right now. Rome wasn't built in one day. Although the group does not have the funds to fully roll out the automobile project now, I believe that the group's financial position will improve greatly in two years, and it will be much easier to roll out the project at that time. What we have to do now is to prepare for the full rollout of the automotive project in the future," says Jiang Hui.

At present, the main profit of Guanghui Group still comes from Guanghui Games, and Guanghui Film and Television can also earn some. Other Internet projects, regardless of the value of the shares, have limited profits in the next two years.

However, Korn Games is currently working on two online games, CrossFire and Ray Speed, which will be launched next year. At that time, the profitability of Korn Ray Games will inevitably rise further.

In addition, according to Jiang Hui's plan, Guanghui mobile phone will also be launched at the end of next year, and then the mobile phone project will also begin to have profits, but it is likely to be a huge profit.

As for the Tejas drone, which will be launched soon, it is estimated that the profit will be limited in the short term, after all, the scale of the drone is there. Without a few years of development, this market is still relatively limited. It can only be said that Jiang Hui laid out an enterprise with an output value of 100 billion yuan in advance.

"Mr. Jiang, you just said that one of the tasks of our automobile industry team in the early stage is to acquire some core parts companies, I don't know what specific requirements, budgets or goals Mr. Jiang has," Yang Yan said.

Speaking of Yang Yan, for a long time, Jiang Hui was a little afraid to see her. In the early days of their acquaintance, Jiang Hui took the initiative to get close to her, but when Yang Yan also had some special meaning to Jiang Hui, Jiang Hui was with Bai Xue.

However, after more than a year, everyone has adjusted their mentality, and there will no longer be that kind of embarrassment when they meet each other, but there will be a little more ambiguity. After all, there are some special feelings in each other's hearts.

"That's a good question, the first acquisition of the company, I already have a preliminary idea. I fell in love with a company in an island country that mainly designs and manufactures molds and stamping parts, called Hagiwara. The company's current stake has been pledged to the bank, which is a great opportunity for us," Jiang Hui said.

"Do you make stamping parts?" So can some parts on mobile phones also be made?", Guan Weidong said.

Guan Weidong's idea, Jiang Hui didn't think about it. However, after such a reminder, Jiang Hui felt that Hagiwara could really be used as a stamping parts supplier for Guanghui mobile phones and Guanghui automobiles at the same time. After all, there are also a lot of precision stamping components on mobile phones.

"Yes, but at the moment the company mainly produces auto parts, so they can expand their business in the future," Jiang Hui said.

Speaking of which, Ogiwara is a relatively aggrieved existence in the island country. As mentioned earlier, in the island country, the major automobile companies are implementing a supply system linked by property rights. Toyota, Honda, Nissan and other companies are giving priority to cooperating with suppliers with their own shares or other special relationships.

Although Hagiwara's automotive molds and stamping technology are second to none in the island country, since it has no stake relationship with various automobile companies, it seems that all OEMs can do business, but the share of the business is not high. In recent years, the automobile production of the island country has entered a state of stagnation, and each automobile factory has given priority to giving orders to its own descendants. Toyota has Toyota Iron Works and Futaba, Honda has H-ONE and G-TEKT, Nissan has Uniplan and Topre, and as for Hagiwara, who cares if it lives or dies?

In his previous life, Hagiwara was in this situation, slowly falling into trouble, and even the shares were mortgaged to the bank, and finally he couldn't repay the loan, and was sold by the bank to Thailand's Taishan Friends Group.

"Offshore companies tend to have a lifetime employment system, so we may have to pay attention to the employee arrangements in the acquisition contract," Xiang said.

The lifetime employment system was proposed by Panasonic Corporation, which was founded in 1918. Its founder, Konosuke Matsushita, who is revered as the god of management, said, "Panasonic employees do not have to worry about losing their jobs until they reach the predetermined retirement age. The company will never fire any 'Panasonic person'" In this way, the company can ensure excellent employees, and employees can also get fixed protection. Panasonic's business model has been copied by countless companies, and this lifetime employment system has also contributed greatly to the economic take-off of the island nation after the war.

In fact, the so-called lifetime employment system is not a system in the sense of laws or written regulations. In the laws and enterprise systems of island countries, there is no provision that employers must implement a lifelong employment system, let alone "once you enter the enterprise, you will be an enterprise for the rest of your life", and no matter how good or bad you do, you cannot be fired in the sense of "iron rice bowl".

However, once the company is officially hired until retirement, the employment habit of the company to avoid firing employees has been deeply integrated into the corporate culture of the island country, and it is not something that can be changed immediately if you want to.

"That's a good question, but you shouldn't worry too much about it when you buy Hagiwara. On the contrary, other companies have bought it, but the employees are gone. For example, mold technology is very focused on the accumulation of experience, and the old employees of Hagiwara are very valuable assets. In addition, we will definitely build a factory in China at that time, and we will definitely need the support of the people of the island country of Ogihara," Jiang Hui said.

(End of chapter)