Chapter 90: Consultation

Li Yixuan contacted Guo Taiming in Taiwan as soon as he returned to Hong Kong and confirmed with him.

Guo told Li Yixuan on the phone that his brother had left him earlier this year to go it alone. In order to build a factory in the mainland, I also changed my identity to Hong Kong. Even if the Taiwan government finds out in the future, as long as it does not return to Taiwan, it will be fine.

Li Yixuan put his mind at ease, the reason why he made this call was mainly because he was worried that the Guo brothers were carrying him behind his back, and now he confirmed that his younger brother was just going out to work alone, which would not affect the cooperation between the two, and Foxconn was still the original Foxconn, so he put down the phone.

Li Yixuan didn't go to the company, he went home and took a nap, and it was already afternoon when he woke up.

Zhang Guifang also came back, and Li Yixuan told his mother what he saw and heard on his trip to the mainland.

"I didn't expect Guo Taiqiang to become independent in advance. After listening to Li Yixuan's story, Zhang Guifang sighed a little emotionally, "I have long heard that the two brothers are not too happy together, and it is better for the brothers to work alone." ”

looked at Li Yixuan and said seriously: "You also know that Hon Hai is Guo Taiqiang's company, Foxconn is a subsidiary of Hon Hai, and Zhengwei is his brother's company, and he will return to Hon Hai in the future." Although Foxconn has your shares, but Foxconn's family-oriented characteristics are too obvious, I think Terry Gou will come to Hong Kong soon and take back the Foxconn shares you hold, are you ready?"

Li Yixuan nodded, "I thought it clearly on the way here, although I hold shares in Foxconn, everything in the company is handled by Terry Gou, and he also operates Foxconn according to the family." In order to better cooperate with each other in the future, I think it's time to withdraw. ”

Zhang Guifang nodded, no matter how big Foxconn can do in the future, it will not become the center of gravity of Oranges.

In addition, because Foxconn has a stake in Li Yixuan, Guo Taiming has to take care of the emotions of Oranges, and some computer foundry businesses have been pushed; at the same time, Li Yixuan cannot hand over orders to other foundry companies, which is not of any benefit to both companies.

Selling the equity in his hand to Guo Taiming, both parties are no longer bound, Foxconn can take orders from other companies without scruples, while Oranges can hand over the redundant orders that Foxconn can't eat to other OEM companies.

For example, his brother's Zhengwei company, your computer must have a power cord, so just subcontract this piece to him.

Then he talked about the meeting with Yuan Geng.

"The investment of 2 billion Hong Kong dollars only gives us 15% of the shares, we are the largest consumers, and we also have to give technology, it is better to do it ourselves in Hong Kong. "Zhang Guifang is not satisfied with this equity distribution, which is also too bad.

"yes, I thought he would offer 51% of the shares, but I didn't expect it to be 85%, how could that be, I refused to talk to him at the time. ”

2 billion Hong Kong dollars in the display factory, if it is placed in Hong Kong, buy land with 1 billion. CRT CRT CRT is not a high-tech technology, the relevant patents have expired as early as the fifties and sixties, and the relevant raw materials and parts are not restricted, which can be done by any enterprise.

Therefore, Li Yixuan does not need to establish a complete industrial chain like in China, he only needs to establish a few key industrial parts of CRT. Therefore, after 2 billion Hong Kong dollars bought land with 1 billion, the remaining 10 will not be used up anyway. With an annual production capacity of 1 million display factories, the cost of plant and equipment is up to 500 million Hong Kong dollars.

And this has another benefit, that is, all the property rights are owned by themselves, and all the benefits are owned by themselves.

If you cooperate with them, only give 15% of the equity, so a conversion, his actual cost is not only greater, but the income becomes less, no matter how many monitors and TVs are sold, he can only get 15% of the income, and the other party just sits and waits to collect the money, and takes 85% without doing anything, not to mention that the display produced is still digested by itself, which is even more unworthy.

The risk and return are extremely asymmetrical, who will do it?

"By the way, how would they come up with such an unreliable equity distribution?" Zhang Guifang asked.

Li Yixuan told the matter of Hong Kong Miaoli Group, and finally he said: "They require that the equity interests of both parties be distributed according to this cooperation standard. But I never thought that Miaoli Group had no risk at all, and it would get 15% of the income in vain, and a fool would not do it. Believe it or not, as long as Miaoli Group always holds the money in its hands, the final income is far more than this 15%, but several times the total assets. ”

"It's not just a few times, it's more than ten times, and if it's ruthless, a hundred times the profit is not a dream. Zhang Guifang sneered, she also understands the Tao inside, this is a typical empty glove white wolf, which is to use other people's bones to boil oil.

She can fully imagine that once the pre-sale is sold, Miaoli will try her best to delay, or even refuse to pay altogether, and for every day of delay, the interest generated by this money in the bank alone is not a decimal. How much is a week, how much is a month, and how much is a year?

This is just the most stupid way to play, what if the money is picked up and invested in other projects?

You must know that this is Hong Kong, and what is the most developed area in Hong Kong? It is the real estate and financial industry, and if you take this money and walk around it, the income will be even more terrifying.

Miao Li and they signed a contract in 79, Hong Kong suffered a financial crisis in 79, and then from 80 to 82, Hong Kong's property market and stock market prices are soaring, what should be the income?

And Liu Chengcheng of Miaoli Group started by copying stocks and real estate, and these things are even more fun for him.

In addition, according to the information obtained by Li Yixuan, Hong Kong Miaoli Group was not affected much by the stock market crash in the second half of 82, but took advantage of the downturn in the property market and the stock market to buy the bottom, and when Hong Kong got out of the economic downturn, it soared out of control.

After this battle, Liu Chengcheng became the new generation of super-rich people in Hong Kong after Li Chao and Lee Shau Kee brothers, and then he turned his attention to Vancouver, Canada.

After China and Britain finalized the future of Hong Kong, there was a wave of immigration in Hong Kong, with Canada receiving the largest number of Hong Kong immigrants overseas, and Vancouver was an important gathering area for Hong Kong Chinese.

So Miaoli Group began to hoard land and build houses in Vancouver, and Hong Kong immigrants made a lot of money as soon as they came.

You just have to think about it, Hong Kong can immigrate to those people, the worst is also a middle class, you know how profitable Miao Li is, and Liu Chengcheng has become a few of the richest people in Canada in just a few years.

Thinking of this, Li Yixuan couldn't help but scold, "Fool!"

"But it's not, this loss is big enough!" Zhang Guifang asked without a little sympathy, "But who can blame them, they can only blame themselves for being too greedy, thinking that they have taken a big advantage, but in fact, it is someone else who really takes advantage, and this advantage is also taken by the other party." ”

Li Yixuan said with a smile: "Do you know, Mom, after they put forward this condition, I wanted to copy Liu Chengcheng's trick again, with our grasp of the future, we can definitely get greater benefits than Liu Chengcheng." ”

"Then why didn't you do it at the time? and told them about the Miaoli Group. Zhang Guifang was very moved, and wanted to play the white wolf with empty gloves once as Li Yixuan said, which is really too nuclear.

Marx said that when the interest is 300%, people can trample on all human laws. What's more, this benefit is far more than that, and it is unimaginably high. Ideology or something, it will be thrown into the trash.

"A gentleman loves money and takes it in a good way. Unless we never plan to deal with the mainland government in the future, we must know that Liu Chengcheng immigrated to Canada with his family before 97, and has never returned to Hong Kong, and has not even set foot in the mainland. Li Yixuan was also extremely convinced of this person.

Before that, the total assets of the so-called Miaoli Group added up to less than 300 million, and because of the only cooperation with the mainland, the assets immediately doubled and rose. Although he was born in Hong Kong, he has leftist parents, and he grew up listening to red songs.

But such a person has played such a hand on the mainland, who can say anything?

Did he break the law? No, all his methods were legal, he didn't break any laws.

Saying that he didn't pay back his debts, it's not. He also paid it back in the end, but the money was delayed long enough, and even if it was repaid, it was not all at once, and it took many years to return all the money to the other party.

"He's like this, his parents don't care?" Zhang Guifang also knew about Liu Chengcheng's birth.

"Take care of the yarn, seeing him bring back so much money, chastity has long been thrown aside. Li Yixuan must be unwelcome.

"Your son, although he is not a good person, he still has a bottom line in life. I told them about the cattiness in this, hoping that they would not suffer such losses in the future. Although their share request was very unreliable, I did not completely refuse, and both parties left their contact information for later talks. ”

"Then what about your display factory, it has been delayed for so many years, the chip factory has been built, and the display factory is missing, and the Oranges II computer is short of this shortcoming. Zhang Guifang also frowned.

"By the way, they won't be sending anyone anytime soon. You know business negotiations, it's to see who can hold up in the end, and if you can't help but go to them again, the whole negotiation will be very bad for us. Zhang Guifang was worried that Li Yixuan couldn't help but go to the other party, so he reminded.

Li Yixuan nodded and said: "I'm awake about this matter, but Mom, in the final analysis, this negotiation still has to speak with strength, and they won't pay attention to us until they see that this digital display has enough market potential." ”

At this time, he looked at Zhang Guifang seriously and said: "I think no matter what, I will first build a display factory in Hong Kong, so that they can know our strength." Otherwise, we wouldn't be able to talk about it at all. ”

To build a factory, you have to have land first, and the two of them have no hope of that land before, since the Hong Kong government listed it as a semiconductor industrial zone, there are too many people who come to grab meat, so they can only find another place.

Zhang Guifang spread out the map, searched for a long time on it, pointed to an area, and said, "What do you think of here?"

Li Yixuan leaned over to see that the land is about three square miles between Tseung Kwan O and Kwun Tong Industrial Zone, and it is also an industrial land.

"The place is good, but Mom, this land is in the hands of British-funded foreign firms, will they sell it?"

The old mother rubbed the land with her fingers and said: "This time is different from the past, the old Tom passed away last year, and the little Tom is clamoring to go to the United States to invest in some business jet project, and to sell all the family property left by the old Tom, the old lady can't invite him, so he can only agree." I'm looking for a buyer everywhere. ”

"Business jet, Gulfstream!!" Li Yixuan was completely shocked.

Mom asked, "You know?"

Li Yixuan nodded and said: "Gulfstream Company originally belonged to Grumman Corporation of the United States, but it has been losing money since its establishment. In 1973, Grumman sold Gulfstream to Greek investor Aaron Murphy for $2 million. E. Paulson. After Paulson bought the Gulfstream, he listened to the company's engineers and decided to develop a large business jet. You know it's hard to develop an airplane, it takes a long time, and it takes a lot of money.

Extrapolating from the point in time, Gulfstream is currently developing the G650 business jet, the total development cost of this aircraft is as high as 3 billion US dollars, the development cycle is more than 10 years, is the world's first commercial business jet that can fly directly from New York to Tokyo, with a total range of more than 12,000, and then replaced by a new engine from RR company, the range can be increased to 13,000 kilometers.

Paulson could raise up to $1.6 billion on his own, with the remaining $1.4 billion in external financing. A considerable part of it came from Hong Kong. E. Paulson's Gulfstream memoirs also say about this. You're talking about little Tom, it should be this business jet that you want to invest in. ”

Zhang Guifang nodded and said, "How about this business jet?"

Li Yixuan replied: "The quality is very good, and it is sold out." Let me tell you my mother, in the eighties and nineties of the 20th century, in the field of international business jets, especially in the field of large business jets, there was nothing to do with Embraer, and only Canada's Bombardier and the United States' Gulfstream were the absolute hegemons in this field.

It's a pity that after the success of the G650, Alan E. Paulson was complacent, and instead of digging deeper into the G650, he moved into regional jets, which eventually led to Embraer overtaking the Gulfstream at the beginning of the 21st century. ”

I don't know how, Zhang Guifang was moved to hear it, "Son, you said, will it be ...... if we go to invest?"

"Hey, this is a large business jet, and it will cost at least $500 million to get involved, can we afford that much money? Besides, even if we invest $500 million in it, what will the display factory do, and will we do it?

And wow, do you know when the first prototype of the Gulfstream G650 rolled off the assembly line? It was in 1986, and then it took another two years, that is, in 1988, to get the airworthiness certificate from Europe and the United States, and the first prototype was delivered in 1989. Can you afford to wait so long?"

"It's been so long!" Zhang Guifang was desperate when she heard that it would take so long, and she didn't start to deliver until 89, and when she got the principal back, she didn't know when she was going to go.

Li Yixuan comforted: "The development cycle of the aircraft is already very long, so let's stop this unreliable thinking and honestly engage in our own electronics industry." ”