Happy Chinese New Year!

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Xu Teng obviously doesn't like the leader of SINOMACH Han Yongsheng very much, but he doesn't want to offend the other party, after all, the central enterprises are all big customers of the Huayin Consortium. Pen "Fun" Pavilion www.biquge.info

His visit to the Netherlands was very brief, visiting the government in the morning, going to ASML in the afternoon to discuss customer investment plans, and in the evening he had to squeeze out time to accompany Han to meet with the chairman of Seco Group, Brusta Goenz.

The result was really embarrassing, and after just ten minutes of talking, Xu Teng felt that he might have completely offended Leader Han.

Xu Teng swore to God, he was completely unexpected, 100% did not expect that Chairman Brusta-Goenz really came to talk about mergers and acquisitions, and begged him to control Shangao.

Dizzy!

What to do?

Xu Teng glanced at Leader Han slightly, his face was really pale, with a very unhappy look on the big leader, sitting in the chair next to him, looking at the nose, looking at the sky, looking up at his head and not speaking, the cheek muscles of the root of his teeth trembled and trembled very regularly.

Wiki said it, CCTV said it, BBC and ABC also said it.

Xu Teng is a descendant of the great capitalists of the Republic of China in the late Qing Dynasty and the early Republic of China.

Therefore, Xu Teng just smiled slightly, and did not laugh because of the embrace of Shangao Company, in fact, he really couldn't laugh.

He did not have the idea of holding a giant in the tool industry, and paid more attention to the production and supply of cemented carbide, so as early as 05 years, he cooperated with Minmetals Group to withdraw the southern tungsten group from the holding, absorb European capital and technology, carry out the reform of mixed ownership, and gradually become the best domestic technology and production management level, the highest level of internationalization of cemented carbide suppliers, and then listed in 2009.

In 2007, after the official launch of the Yinmei plan, Xu Teng did not try to absolutely control which international tool giant, but only carried out financial investment cooperation, widely invested in the shares of European tool giants, which was a process of mutual selection, and finally only Israel's ISCAR Group had no doubts and cooperated with a very open attitude.

On the basis of ISCAR Group, Xu Teng also supported Sweden's Worrick, Germany's Leitz, and British Manchester Metal through financing, merging small and medium-sized tool companies in their respective local markets, arranging for these international tool companies to invest in new factories in China, and carrying out deeper cooperation with South Tungsten Group, one of the 35 first-class listed companies under the Huayin Consortium, to form a stable industrial chain.

Xu Teng's cooperation method is not complicated, benefiting others and himself, and the strategy of "preferring foreigners to Fanbang" has always been very clear, that is, to squeeze the development of Japan, South Korea and Taiwan by supporting the development of European companies in the Chinese market.

The high-end production capacity remains in Europe, and the mid-end production capacity adopts the Sino-European joint venture model, and then supports a number of domestic tool companies responsible for the low-end business through Minmetals and South Tungsten, covering the entire market and expelling Japan, South Korea and Taiwan.

Except for his own Worrick and Southern Tungsten Group, Xu Teng did not have a strong holding of any company, and used the strategic cooperation of capital, technology, production capacity and customer resource integration to gradually realize his plan.

At this stage in 2013, Xu Teng has no need to control any tool giant, because of this plan, he has been playing very steadily, the layout is fine, all-encompassing, the return on investment is also very good, the rest is the time of gradual development and spread.

He quietly played this part, and those people in the Swedish economic circle finally knew that it hurt, and knew that they were afraid, but unfortunately, it was too late to want to cooperate with him now.

The Swedish economic community, in fact, is controlled by more than 40 people behind the scenes, and if it expands a little, it is only more than 200 people, after all, it is only a small country with a population of 9.8 million.

As early as the 19th century, the Swedish economic circle was very good at internal integration, and to this day, there is basically no competition within the Swedish economy, and more than 20 world-class enterprises have been formed, which cooperate closely with each other and are united with the outside world.

In the study room of the penthouse suite provided for Xu Teng at the Grand Hyatt Frankplantsoen am Merme Hotel in Eindhovendomer, Xu Teng, Han Leader, Chairman Brusta-Goenz, and Li Yifei, who accompanied him to the meeting, were all silent.

Xu Teng sat behind the century-old black walnut desk, spinning a burgundy electronic pen in his hand, thinking quietly, roughly still considering Chairman Goenz's proposal, and did not rush to reply.

This silent silence had been going on for several minutes.

Xu Teng didn't answer for a long time, and the others could only continue to wait patiently.

Han Yongsheng, chairman of the National Machinery Group, is obviously not a particularly patient leader, and finally got anxious, a little urging Xu Teng, and finally couldn't help but speak, "Chairman, what else do you have to hesitate, Shangao is the world's top international tool giant, willing to cooperate with us, this is a sincere trust, but also optimistic about the long-term trend of our Chinese market." If you want me to say, don't hesitate, we can start talking about the price right now. ”

The meaning of Leader Han is very clear, he can form a joint consortium with Xu Teng to control the company together.

To talk about business on Xu Teng's side, there is no need to bring an interpreter, with Dr. Lu, everyone can wear special headphones, whether others speak Chinese or English, Chairman Goenz hears Swedish.

Chairman Goenz was also anxious and hurriedly corrected, "We have great respect for SINOMACH and other Chinese-funded state-owned enterprises, but the board of directors only wants to carry out a broader capital cooperation with the Huayin consortium." The Huayin Consortium is a worldwide consortium with a good global reputation and a global financial services business, and after a detailed examination, we are convinced that the Huayin Consortium has extensive relationships with more than half of our important clients. At the same time, the Huayin Consortium is also a world-iconic technology company, with a large number of investments and technology patents in the global technology industry. ”

"We believe that by being part of the Huayin consortium, we can be independent of the Sandvik Group, have more operational decision-making power, a more proactive pricing and production strategy, and we can create more value for our customers and more for our shareholders. Chairman Goentz also didn't want to offend the leaders of the central enterprises of China's machine tool industry, but this kind of thing, he knew, the other party wanted to wrestle with Xu Teng in China, which was tantamount to humiliation.

Therefore, Chairman Goentz can only manage one thing for the time being, to persuade Xu Teng to buy a controlling stake in Seco Group, as for whether it is a relative control or an absolute control, it is easy to say.

Seco Group has been paying close attention to the investment of the Huayin consortium in Israel's ISCAR Group and Sweden's Warwick Company, which is a very strong investment...... To be precise, the consensus reached at the internal meeting of the Swedish economic circles was to use "Shangao" to run on "ISKA", to maintain the relationship with the Huayin consortium, and at the same time to protect the interests of Sandvik and other Swedish corporate giants.

As long as Xu Teng is not seeking a controlling stake, it is just similar to ISCAR, Manchester Metal, BMW Group...... With such financial and strategic investment cooperation, the Swedish Economic Circle welcomes the Huayin consortium to invest in all the giants of Sweden.

We are all capitalists and have a common language.

Strength is the last word.

The reason why the Swedish economic circle, when Xu Teng visited Sweden in 2013, collectively appeared at the Sino-Swiss economic cooperation conference promoted by the government and had extensive contact and meeting with Xu Teng was mainly instigated by Xu Teng and the Huayin Consortium.

From ABB, Volvo, to Sandvik, to Ericsson, as long as the Huayin consortium is involved, these world-class giants are having a hard time.

Swedish economic circle on the progress of history, also has a very clear lesson, in the 70s of the last century, Sweden is still one of the leaders in the global machine tool industry, but with the rapid rise of the Japanese machine tool industry, with the popularization of CNC machine tools, Sweden local integration to the last only remaining Worrick, KMT, have lost most of the global market.

In fact, WJS and ROUNDO are two Swedish machine tool companies, as well as SKF, Sandvik system outside the several bearing, gear, tool enterprises, in the 90s of the last century, the integration of the end, in the end still did not hold, in 2009, ready to sell to the German machine tool giant Schuler, and finally the Huayin consortium won at a high price.

To put it simply, Worrick is a branch of the Swedish economic circle, and KMT, Sweden's largest machine tool giant, is the descendant of the Swedish economic circle.

From 2009 to 2013, at present, Worrick, which was abandoned by the Swedish local consortium, has developed faster and better.

"Do you know how to play Go?" Xu Teng finally spoke, asking a strange question to Chairman Goentz.

"I know some basic rules, and I've heard that this is the most complex and intellectually challenging chess game in the world!" "Chairman Goenz has been completely embarrassed, a serious praise of Acura, "about a few years ago, when I first visited Guangdong, a client once taught me some basic rules, and I also watched him play chess with his colleagues, and I really believe that this is the most elegant and beautiful game in the world." ”

"When I was a 10-year-old child, one of my Chinese teachers taught me to play Go, and from then on, it took me almost 14 years to become an amateur 5-dan player, and believe me, it was definitely a very poor score. However, the influence of Go on me was very profound and determined my business style. Xu Teng patiently talked to Chairman Goentz, and was not in a hurry to explain what he meant, "My business style is very clean, friendly, and has a strict plan, when I invest in a new field, it means that I must have a huge new plan, every investment I make is a chess piece in the chess game, they are closely related to each other, constitute a game of chess." ”

"So, tell your person, on my chessboard, I have hundreds of chess pieces, if you want to change the layout of dozens of pieces, you better have a big plan of the system. In the meantime, if you're really ready to dance with me, my office is ready to welcome you over. Xu Teng said that he would not consider investing in Seco for the time being, unless the Swedish economic circle can provide a better and greater cooperation plan.

His layout, his landing in every field is already very standard, very perfect, and he will not change all this for a little petty profit.

When Sandvik and the local Swedish consortium rejected Xu Teng's invitation to work with a wider range of cooperation plans, and when the Israelis reached out and accepted Xu Teng's invitation to join the game, the dust was settled.

So, all this, Xu Teng can only say, Sorry!

“OK。 Chairman Goentz was delighted, hands raised, hard promised, "I promise, we can provide better options, better solutions." ”

"I keep my eyes open and wait for your good news, the door of cooperation will never close, we are businessmen, noble businessmen, pragmatic businessmen, clean businessmen, businessmen who always care for each other and respect each other, and we will never say no to money. Xu Teng got up and shook hands with Chairman Goentz, and wanted to personally see the other party out of the hotel, "Good luck, businessman." ”

"Thank you very much for your meeting. Chairman Goentz is very polite and honored, he can feel that Xu Teng actually trusts him very much, and there is no problem with the personal relationship and trust between the two parties, and the key is that the cooperation between the Huayin Consortium and the Israeli Iskar Group is already very deep.

Behind them, the Han leadership of the SINOMACH actually collapsed.

SINOMACH spent a lot of money to hire the Huayin Consortium as the plenipotentiary negotiating agency for overseas mergers and acquisitions, but as a result, the other party did not look down on the SINOMACH Group at all, and even asked the Huayin Consortium to acquire it.

The difference in treatment is too great.

Leader Han also wanted to say to himself, no way, forget it, but he really can't do it! He wants to carry an axe now and split the Swedish white skin just now, which is indeed too much of a slap in the face!

The reason why Han leader wanted to split the Swedish white skin, but he didn't plan to split Xu Teng, because Han leader still has self-knowledge, this one...... I really can't hack it.

Let's put it this way, if Xu Teng acquires Shangao Company, go back and call Han Leader, as long as he says it in person, let SINOMACH use Shangao's knives as much as possible, and Han Leader ...... Even if you hate it, you have to buy it.

The Chinese have an old saying, "If you can't bear it, you will make a big plan."

There is no way to merge and acquire Shangao, it is a performance problem, it doesn't matter, you can bear it, offend Xu Teng, dizzy, it is a location problem.

Although the current position of Han leader is a cow, it has not yet reached the point of CITIC, State Grid, and PetroChina.

Having said that, as long as you hug Xu Shen's thighs, which central enterprise CEO will have a hard time?

Xu Teng, the god of China's management, this is not nonsense, the domestic economic circles and the media are not nonsense, compared with Xu Teng, Konosuke Matsushita can probably be compared, and other so-called gods of management in Japan, Taiwan and South Korea are nothing.

In the current Asian economic and business circles, as long as it comes to the god of management, the first must be Xu Teng.

Xu Teng personally sent Chairman Goentz out of the hotel and returned to his office, but Leader Han was still waiting, not only did he have no temper, but he was also helping Xu Teng think about the problem.

You see, this is the ability of the CEO of a state-owned enterprise, who can bend and stretch.

"Chairman, Shangao is indeed a good business, if I were you, as long as the price is right, I would agree immediately. However, this is the gap between me and the chairman. Han Yongsheng recognized the reality, yes, the reality is so cruel, in China, he can reluctantly negotiate with Xu Teng on a reciprocal basis, and when he goes abroad, in front of foreigners, he is not even as good as a dog next to Xu Teng.

It was not easy for Mr. Han, it took a few months to finally see life clearly and see the cruelty of this world.

"Chairman, I'm really convinced of you, with a capital letter. Han Yongsheng thought about it, gave a thumbs up and continued to add, the trick of stalking and chasing all the way didn't work, so he immediately changed his move, patted his ass, and begged for care.

What's there, he just thinks that Xu Teng is a leader at the deputy national level and ministerial level, and it is not a matter of course to take a few sycophants.

In fact, Mr. Han was ordered to complete the restructuring of the SINOMACH Group in three years, but also repeatedly led the SINOMACH Group to create new achievements in the heavy and ultra-heavy machine tool industry, which is not admirable. Xu Teng sat down again in his chair, smiled, and motioned for Mr. Han to sit down and talk.

"Yes, Mr. Han is really the most courageous leader of the central enterprise in China, in recent years, you have led the National Machinery Group from Europe to bring back the heavy machine and super heavy machine tools, but there are at least dozens of ships, not to mention, just Sweden's 80,000-ton die forging hydraulic press, can be called a real big country. Li Yifei did not sit down, stood respectfully and elegantly, and continued to say a few words of Han Yongsheng for Xu Teng, after all, the leaders of this kind of central enterprises complimented Xu Teng vigorously, and most of them had something to ask for.

She is the vice president of the international investment department of the Huayin Consortium, specializing in the financial services business of machinery and equipment and metallurgical central enterprises, and she is of course familiar with the affairs of the SINOMACH Group, and the vast majority of the various European second-hand equipment of dozens of ships are responsible for her contact and negotiation for SINOMACH.

As for Sweden's 80,000-ton die forging hydraulic press, the old equipment in the 70s was originally built quietly with the support of the Soviet Union after Sweden took advantage of the advantages of a neutral country to transfer technology and equipment to the Soviet Union, and has been idle since the end of the Cold War.

In recent years, SINOMACH has bought dozens of second-hand equipment from Europe, and the whole of China, since 2007, has bought hundreds of idle equipment and facilities from Europe in recent years.

The vast majority of these businesses are provided by the Huayin Consortium as an intermediary financing service and negotiation agent, and the Huayin Consortium itself is also one of the largest buyers.

These second-hand equipment used to be the manufacturing spine of old Europe, and if it is well maintained, it will not be a problem to continue to use it for decades.

"President Li, I'm ashamed of what you said. Han Yongsheng is actually quite proud, so he sat down, he has found heavy and super heavy machine tools from Europe in recent years, as well as technology and talents, every transaction is a real achievement.

"Let people make a pot of tea, and I will talk to Mr. Han for a while. Xu Teng gave Li Yifei, the beautiful president, one thing, and asked her to do something more important by the way, "In half an hour, Liu Junsheng's special plane will arrive, you can pick me up at the airport for me, come directly to me, I have something to arrange for you to deal with." ”

"Yes!" Li Yifei bowed, stepped back a few meters, and only turned around and left Xu Teng's study after reaching the door.

The proportion of female employees in Huateng has always been not low, after all, it is the core parent company of the entire consortium, and the proportion of accountants, lawyers, public relations and corporate consultants is very high, and the proportion of female employees is roughly 40%.

These female employees are very good, generally at the level of Tsinghua University and Peking University, more than 30% of them have returnee backgrounds, such as Li Yifei, who graduated from Beijing Normal University with a master's degree in international law and a master's degree in international relations from Texas State University, is nothing.

You must know that among the 1,240 female employees in the world, Huateng Company is from Harvard, Wharton, London, European Business Administration, Stanford, ...... The proportion of the world's top 5 business schools accounts for 25%.

In 2004, Li Yifei served as the general manager of the China region of Boya International Public Relations Company, and with the merger of Boya Company by Huateng Company, he had the opportunity to enter Huateng Company as the executive manager of the China Public Relations Department.

China's top ten beautiful presidents, Huayin Consortium accounts for 7, all of them are powerful women, and she is one of them.

However, no matter how much power they have, they are extremely humble and gentle here in Xu Teng, because they are senior partners of the Huayin Consortium and work for Xu Teng, so that they can master these amazing powers and be regarded as the most powerful women in the domestic business community.

This is not the first time that Han Yongsheng has witnessed these goddesses who make other men kneel and worship, and in addition to the infinite humility and envy of Xu Teng's side, he can also feel the world of difference between himself and Xu Teng, the god of Chinese management, and the gap is indescribable.

Two waitresses entered the study to make tea, and soon exited silently, closing the door of the study.

"Chairman, you just let me poke the skylight and say something, in fact, I have been able to achieve some achievements in the past few years, and it is not all because of your support. Han was grateful. Han Yongsheng thanked him with his palms sincerely.

Xu Teng pouted with a smile, didn't say any more polite words, and raised his hand slightly to invite Han Yongsheng to taste tea.

"However, I still feel a little uncomfortable about this matter of Seco. You say that I am not sincere, and the price is not a problem when I say all the good things, but these Swedes really don't know how to lift up, and they don't give me any face. "Han Yongsheng is indeed a little injured, and he doesn't vomit or be unhappy.

"I told you that this is unlikely. Although SINOMACH Group has a part of the tool business, after all, the main business is machine tools, Seco is a global tool giant, if it becomes a subsidiary of SINOMACH Group, in the SINOMACH Group's peers and many competitors, it will definitely not be welcomed, it will be unfavorable to them. Xu Teng knew that Han Yongsheng would definitely find an opportunity to ask the reason and leave him to use this time to make it clear, so as not to damage the cooperative relationship between Huayin Consortium and SINOMACH Group.

"Although our consortium also has Huateng Seiko Group, which is mainly based on machine tool business, the core level is the consortium after all, focusing on international financial investment services and banking and insurance, and global trust and asset management business. Even if Seco is merged into our consortium, it is only an independent enterprise under the consortium, and it has no direct relationship with Huateng Precision Group, so it will have no impact on their business expansion. ”

Xu Teng tried his best to explain this matter clearly, took a sip of Longjing tea, thought about it, and decided to say it more thoroughly, "Actually, if you think about it carefully, ABB, Sandvik, Volvo, Ericsson, IKEA, Electrolux...... Behind the scenes, there are basically dozens of Swedish capital shareholders. Over the years, how many families have not been beaten by me? People are so realistic, they can't beat you, and if they are afraid of you, they will naturally follow you. ”

"So that's the case, I understand, I understand, the chairman is worthy of being the god of our country's management, and I see it thoroughly, these Swedes are really scared by you, and they want to do their best to tie you up. Only then did Han Yongsheng understand that it was no wonder that Xu Teng did not agree to the merger and acquisition request of Shangao, for the Huayin Consortium, this small profit was not worth mentioning at all.

The Swedish capital consortium wants to use this benefit to make Xu Teng raise his noble hand, which is tantamount to a fool's dream.

"It's not about stammering, I just want to cooperate and make more money together, why don't we ask for them?" Xu Teng is talking about business with Han Yongsheng after all, and SINOMACH Group is also a giant of central enterprises after all, and has always been the best big customer, "Therefore, the international tool giants of the level of Shangao, Walter and Senlatianshi, don't think much about it here, Germany's Vidia is a very good acquisition target, and the business needs of SINOMACH Group are also the best match, and I have been letting people negotiate." If you feel like you're still alive, why not take a trip to Germany and I'll have someone arrange it. ”

"Chairman, you've spoken, I can't listen to you!" Han Yongsheng smiled, with a look of joy and convincing, "Chairman, you are really my nobleman." ”

"Mr. Han is serious, just doing business. Xu Teng smiled very reservedly, and there was nothing more to say.

"Then you rest, I won't bother you. Han Yongsheng understood, he just had some time, so he should leave quickly when he arrived, and immediately got up and said goodbye.

Xu Teng didn't need to send him, nodded slightly, and signaled that the other party could leave.

After the Han president left, Xu Teng waited for a moment before getting up and walking to the window, looking out the window, this 500,000-person city of Eindhoven not only has ASML, a temple-level high-tech company in the semiconductor industry, but also has a Dutch football club with a long history and is widely known to Chinese - Eindhoven.

Xu Teng's investment in the field of football was mainly concentrated from 2004 to 2009, and after 09 years, Real Madrid returned as king, Manchester City and Bayern rose, and Barcelona continued to continue the glory of the Dream Three era, so he relatively reduced his investment.

During his 10-year tenure as president of Liverpool, Liverpool won three Champions League and three Premier League titles, and although they did not have the feat of Manchester United's treble, they were not bad, and their position has been stable and maintained in the top five of the world's wealth list.

In the Chinese Super League, Huateng International Sports Club, football, basketball, volleyball, the results of the three balls are very stable, football won the Chinese Super League championship three times in a row, won the AFC Champions League once, the women's volleyball team has won five consecutive championships in China since 2007, and has also cultivated a group of excellent women's volleyball rookies for the national team.

That's it.

Xu Teng will not let Liverpool go into decline, nor can he invest too much money to compete with Real Madrid and Barcelona, and can stably maintain the top three in the Premier League and the top 8 positions in the Champions League.

On the side of the national football team, Huayin Consortium has been investing in campus football since 2004 because of its investment in two Chinese Super League teams, Huzhou Huateng and Jiangzhou Jiangtai, mainly through cooperation with UEFA, cultivating youth coaches of Huateng Department, and selecting rookies by subsidizing 70 key middle schools across the country to develop sports students and campus football.

In Spain, the Huayin Consortium has also won a place for the country in the U18-level La B 2 team through UEFA and the Spanish Football Association, and sends 25 of the best young players to train in Spain's Andalusia region every year.

It's been ten years, and so far it hasn't made very impressive results, but it has definitely made more contributions than other clubs, at least in the past few years, the national youth team and the national Olympic team lineup are mainly based on the Huateng system.

In the past two years, including Evergrande, the scale of investment has been amazing, and Huzhou Huateng International has basically no new plans, and it is still as always, low-key youth training.

Compared with other clubs' annual recruitment fees of 40 or 50 million euros, Xu Teng has no intention of comparing at all, and the requirements for his two sports clubs are very simple, don't mess up, according to their own long-term rhythm, slowly do a good job of basic work, and invest about 150 million RMB in the field of youth football every year, basketball and volleyball add up to about 100 million, with a total of less than 35 million US dollars per year, and there is no pressure, stable and healthy sustainable development.

After all, with the status of Xu Teng and the Huayin Consortium today, there is no longer much media effect and return on large-scale investment in football, so it is safe and quiet, and do more basic work of sports public welfare undertakings within the scope of their ability, so that the leadership can see it, and let Chinese football, volleyball, and basketball fans see it, and this is enough.

As for the titles of the Chinese Super League champion and the AFC Champions League, we have all played them, and we can't compete with others.

In fact, with the status of Xu Teng and the Huayin consortium in China, the bosses of several state-owned enterprises and private enterprises in the Chinese Super League also determined that Xu Teng had no intention of continuing to expand his investment in the football field, so he dared to enter the field to steal his scenery.

These things don't cost much money to the Huayin Consortium, and it's just a matter of social responsibility.

Xu Teng stood in front of the floor-to-ceiling window of the study of the hotel suite, looking at the city lights in the distance, thinking about the city's declining century-old European giants, and feeling that it was actually the decline of the whole of Europe.

What if Europeans were still thriving in football and representing the most advanced level in the world?

Perhaps, 50 years later, Chinese football still has to reach the World Cup as the highest goal, so what?

Xu Teng quietly looked at the small town of Eindhoven in the middle of the night, thinking quietly, his mind has been beating at a very fast speed, in recent years, the rise of the domestic automobile industry is amazing, but all the international automobile giants in the top domestic sales, the stock price has risen very well.

Chrysler's sales in the U.S. are growing rapidly, and in the country, thanks to its advantages in the Cherokee and SUV segments, sales are also very good.

It's obviously a little too late to invest in Chrysler now.

However, Xu Teng's goal was not Chrysler, but Fiat, which wanted to buy Chrysler, and repeated the trick to prevent Fiat from acquiring Chrysler at any cost.

Fiat's own situation is actually very bad, not only in the China, the United States, Japan, and ASEAN markets, but also in the European and South American markets, which have long been dependent, into a collapse downward trend.

For Fiat, which owns 2/5 of Chrysler's shares and has a huge debt, the wholly-owned acquisition of Chrysler is definitely a good deal that will not lose money, because Chrysler has not been relisted after its delisting and bankruptcy reorganization in the United States.

Xu Teng now does not know what the final effect will be, if it can prevent Fiat from buying Chrysler and finally push Fiat to the brink of bankruptcy, that is the best situation.

Even if it's unlikely, you have to give it a try, right?

When Xu Teng destroyed the merger of Volkswagen and Porsche, he did not expect to buy Audi from the Volkswagen Group!

Therefore, to be a human being, you always have to live with hope, even if there is a 1% probability that you can force Fiat to cross, then you can give it a try...... After all, this 2013 was almost the year when Xu Teng was least short of liquidity, and the huge amount of international capital withdrawn from global commodity, oil and gold assets had nowhere to go.

Pulling out billions of dollars from it specifically to trap Fiat is obviously an interesting gamble.