Chapter 450: Whimsical Acquisition Intent

Zhengxin's R&D team is ready to work as early as in China. Pen | fun | pavilion www. biquge。 info

So the day after I arrived in the United States, I entered the intense research and development work together with the OEM engineers who were still in a state of hangover.

The location where the OEM company is located is actually a bit similar to the industrial park in Amagi. The area where the company is located is surrounded by several automotive industry clusters, including vehicle manufacturing and parts manufacturing.

Detroit, to put it bluntly, is a huge industrial city.

So even if it was a new environment, Zhengxin's R&D team didn't feel anything wrong. And because of the completeness of various upstream and downstream supporting enterprises, it is even relatively easier than in China.

Zhengxin has a lot of worries about R&D in China, and after the design is completed, it has to communicate with the supporting factories in the industrial park to supervise their parts manufacturing. For example, the driving computer system of the car and the individual safety accessories are still under the monopoly of foreign companies. Therefore, in the middle and late stages of R&D, it is also necessary for the procurement department of Zhengxin to communicate and bargain.

In fact, this situation is caused by the defects of the industrial system.

The automobile industry is very dependent on the industrial system, which is why Li Fanyu tried his best to cooperate with Cheng Gang to build an industrial park.

But now in the United States, the situation is much better and much better.

As long as the R&D team integrates the design, makes a spare parts bidding manual, and publishes it on the bidding website of the industry association through the OEM, a large number of companies will naturally rush to negotiate. After the bidding is completed, the manufacturers of these accessories will also send their respective product engineers to participate in the research and development process, and cooperate from the middle of the research and development.

This kind of fluency is not available in China.

However, the hearts of everyone in the R&D team are heavy.

This kind of smoothness is reflected in the research and development process, which reflects that there is still a big gap between the level of the domestic automobile industry and the United States.

So after work, everyone also secretly made up their minds, and what Li Fanyu said came to mind again.

In the next few days, seeing a group of teenagers who were more desperate than when they were in China, Li Fanyu specially called Wang Yu to his office.

When he learned that everyone was stimulated, his heart couldn't help but be touched.

He didn't expect that this time it would have such an effect.

He wanted to say a few words of comfort, but he thought about it, and it was good that everyone had seen this. In the year of Zhengxin's development, it has achieved a leap from scratch and from existence to good. These senior brothers and younger brothers of mine are not too old, and they are inevitably a little proud under such smooth sailing.

Through this experience in the United States, it is not a bad thing for them to recognize the current situation of the domestic industry and believe that they will face postgraduate examinations and challenges in the future.

The so-called born in sorrow, died in peace. Only when we truly understand that the shortcomings are not insufficient, can we change step by step.

Now it seems that the future of China Automobile will rely on Zhengxin to take the lead. And these teenagers, in a sense, represent the right faith.

Seeing that the research and development progress was going smoothly, Li Fanyu finally put his mind down and prepared to leave for Los Angeles to see the situation of "TopGear".

The other day, while in the country, Stewart called him a few times. But because he was busy, Li Fanyu didn't communicate with him too much.

It is said that the preparation of the show is currently going well, and the approval process has reached the tail stage. The renovation of the venue is almost complete, and the customized filming and editing equipment in Hollywood is also in place.

Thinking that it should be time to start the production of content at this time, Li Fanyu, who has a special purpose for this show, can't help but feel a little relieved.

But he had just booked a plane ticket here, greeted Mason and Sanxueba and others, and was about to leave. An American automobile company named Karman came to visit. After Mason received these people, he got the request of the owner of the company they wanted to see Li Fanyu.

Company reception room.

Li Fanyu looked at the letter of intent in his hand and felt simply funny.

In front of him was a letter of intent to acquire. It was whimsically written that it would acquire the OEM that had just been incorporated into Li Fanyu's name by way of stock replacement with a market value of 300 million US dollars!

If it weren't for the fact that he had to catch a plane at night and couldn't cause trouble for himself, Li Fanyu really wanted to slap this letter of intent into the face of the person opposite.

There were three people who came to visit, and the leader was named Phillips. According to the business card he handed over, it was an executive director of the Kaman Automobile Company.

Seeing that Li Fanyu put the letter of intent on the table, smacking his mouth and not speaking, he knocked on the table and asked, "How about Mr. Li? Are you interested in this intention?"

The corners of Li Fanyu's mouth twitched, and he snorted, "Interested, why aren't you interested?"

"Wise move, friend. We ......"

Without waiting for him to finish speaking, Li Fanyu raised his hand and made a stop gesture, "What I'm interested in is who gave you so much confidence." I wanted to buy the company I had just bought for a price less than a quarter of the purchase price. With all due respect, the person who came up with this idea has an ulcer in his brain. ”

Phelps didn't have an ulcer in his brain, not only did he not have an ulcer, but he was shrewd.

Karman Company is a well-known vehicle manufacturer in the United States. Most of their products are hardcore cars such as off-road vehicles, SUVs, and pickup trucks. Although the business scope is relatively narrow, with years of operation and development, it is also calling for wind and rain in the market.

After the economic crisis, with the advantages of practical and cheap products, under the current situation of collective regression in the American automobile industry, Kaman's business has risen instead of shrinking.

In the four years of 12 to 16 years, the company's earnings increased by more than 15 percent in each year.

It was under such a good momentum of development that the company began to expand aggressively and continuously strengthen its product line.

As for OEM companies, they have been thinking about it for some time.

The condition of this $300 million stake was actually received by Courbo Jr. before. But just like rejecting Li Fanyu before, he categorically refused.

Not only Coulbo Jr., but also some shareholders of the OEM company could not accept this condition. Without him - too much to lose!

Kaman's original plan was to offer a low price first, and then boil over the OEM that was already on the verge of bankruptcy. didn't think that at this juncture, Li Fanyu directly acquired OEM as a wholly-owned company.

Originally, the target was acquired, and that was the end of the matter. Although the OEM production line is very coveted, but the famous flower already has the owner, and Carman has already planned to give up.

However, after learning that Zhengxin will acquire the OEM, it will launch a model for the pickup truck market. Moreover, when the preliminary research and development has been completed in China and is about to be tested and put into production in the United States, the senior management of Kaman has moved their minds.

Why did you think about it?

Because now in the pickup truck market in the United States, Kaman is the well-deserved boss!

In their view, 40% of the share of the pickup truck market is held by the company, and Zhengxin acquires the OEM to make pickup truck models, and sooner or later it is also the rhythm of hitting the street.

As a result, there is now this letter of intent in Li Fanyu's hands.

And the subtext of this letter of intent is: you're going to be a dog sooner or later anyway, so you might as well take refuge under my trousers now. Take the shares with a market value of 300 million, and you will be my little brother from now on.