Chapter 281: The seventh largest automobile company in China
Xu Teng has a lot of things in his hands, this time to Huzhou is also at the invitation of the Huzhou Municipal Government, in addition to discussing the cooperation between the financial industry and the smart city industry, another thing is the problem of Shenhua Football Club, the Shanghai leadership plans to invite Huateng Company to take over, hoping to unite the Huzhou football career with the Liverpool club that has just won the Champions League. Pen | fun | pavilion www. biquge。 info
Xu Teng originally ran a football club in Jiangzhou, formerly known as the Liaoning Provincial Youth Team, handed over to Chen Jian and Jiangtai Group, and reorganized into the current Jiangzhou Jiangtai Sports Club, which has just rushed to the Chinese Super League.
If he really wants to invest in Chinese football, Xu Teng has already invested, but the Huzhou municipal government is very sincere and willing to approve a few plots of land in Pudong, Chongming Island and Songjiang District for the construction of the club's base.
Including on the issue of football stadiums, the city is also willing to transfer Hongkou Football Stadium to the club, as long as Xu Teng is willing to take over and invest.
Xu Teng happens to have another project in his hand, he wants to unite several Premier League clubs to establish a Sino-British sports joint school in China, from primary school to high school, which is a private school, and the tuition fee is relatively expensive, and only students with sports specialties can enjoy subsidies.
If everything goes well, Xu Teng will basically have one in every province, and of course there will be one in Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing and Tianjin.
If you can cultivate three or four football students every year and can play at the level of professional leagues, it must be very good, but these students also have to have a destination, and they can't be digested by a Jiangtai club alone.
Of course, now take over the investment in a traditional Chinese Super League powerhouse, expand investment, win the AFC Champions League in one go, and dominate the domestic football world, which will still have a very good sensational effect.
Shenhua, Huzhou International.
Xu Teng is now choosing one of the two, as far as he is concerned, he is actually more willing to choose Huzhou International, invest in a team downstream of the Chinese Super League, and use one or two seasons to quickly become bigger and stronger, and enter the AFC Champions League.
It's definitely more sensational.
Xu Teng didn't have the heart to care about this kind of thing, after thinking about it, he decided to hand it over to Gu Xueli, after all, this girl graduated from Gyeongju Institute of Physical Education, so she was a little bit more expert than him.
He was in charge of investment, and Gu Xueli served as the vice chairman of the club, in charge of the day-to-day operations of the club, and was transferred to Shanghai to assist in the investment affairs in the Shanghai area.
On the night of Xu Teng's arrival in Huzhou, Gu Xueli also flew to Shanghai, and when he arrived at Mahler's villa, he happened to meet Lu Fangfang and Sun Hongbin here.
Sun Hongbin is still an outsider.
In front of Sun Hongbin, it was inconvenient for Xu Teng to discuss Huateng Land's project in the north with Lu Fangfang and Gu Xueli, so he simply talked about Huzhou football.
The results unanimously recognized that investing in Huzhou International Football Club is more in line with the interests of Huateng Company, after all, investing in the weak, the greater the contrast effect, the easier it is to create news effects, investing in the strong, even if it finally wins the AFC Champions League and other trophies, it is difficult to say who is attributed.
Sun Hongbin got Xu Teng's promise, and there was not much pressure for the time being, and he was finally relieved.
Chatting and chatting, Sun Hongbin thought of a person.
Sun Hongbin has real estate projects in many cities in China, and more than half of them are in the state of unfinished buildings at this stage.
"Lao Yan's company, in fact, is not the largest shareholder, the real big boss behind Suhua Construction is very energetic, and he gave a lot of money to rank Lao Yan as the third place on the mainland rich list. They have too many projects, and after the central bank has shrunk, there is a lot of financial pressure, so they have to play these tricks to facilitate speculation and borrowing. In addition, they have also annexed many local state-owned enterprises in recent years, saying that they are reorganizing, and they are all aiming for the land of state-owned enterprises. ”
Sun Hongbin and Yan Jiaohe are very familiar with each other, and they talked together a few days ago about the debt repayment of several unfinished projects, "It is said that they actually want to give Lao Yan a signboard of the richest man in the mainland, and even Hurun Company can't accept this kind of reputation-ruining ranking, after all, it is impossible to surpass the prince." ”
"So, he's actively hyping up now?" Xu Teng knew why Yan Jiaohe bit him to death, claiming that he was richer than Xu Teng, in the final analysis, he was a bad deal, in order to survive, as long as he was shameless, he would be shameless anyway.
"There is no way, I can only rely on this bad trick to raise money and find a way to maintain the company's capital chain. Sun Hongbin smiled a little bitterly, as long as he could save the Centrino Group, he would like to use worse tricks, but even if he used it, it is estimated that he would not be able to save the company, and his reputation would be ruined, and he would not even have a chance to make a comeback.
In business, some people are high-profile, some people are low-key, and the more problems there are, the more high-profile the boss often becomes.
It's also a survival strategy.
Xu Teng is quite high-profile, but his high-profile is more textured, more layered and connotative, this high-profile is also for corporate services, Wang Yan, Ma Zheng, and Sun Hongbin are the same style.
Xu Teng's action was very fast, he made a decision, acted immediately, and met with the leaders of the municipal party committee the next day to settle the matter of acquiring Huzhou International Football Club, and set up Huateng International Sports Investment Company in Huzhou to control Liverpool Club and Huzhou Huateng International Football Club.
Like Jiangtai Group, Huateng Company is also ready to invest together with basketball, volleyball, and table tennis clubs, especially men's basketball, women's football, and women's volleyball, and will also invest in teams to participate in the World Rally Championship.
The plan for the Formula 1 championship must be done, but it will have to be seen how it works.
After all, Xu Teng graduated from university, and did not need to live in Jiangzhou, and the headquarters of the entire Huateng company was moved to Huzhou, which was also the tone set last year, and the new headquarters was Huateng International Center Building - one of the four skyscrapers that Xu Teng and Huateng Land Group were responsible for building in Shanghai.
Because the foundation of this building is still being laid, Huateng Company decided to temporarily rent the west building of the Oriental International Building near the Mahler villa, which is 27 floors, which is basically enough.
Xu Teng made a decision on these things last year, but after all, he is from Jiangzhou, and if he really wants to leave Jiangzhou for development, he is also reluctant to give up, so he has not made the final order so far, and the people below can only wait.
As long as there are conditions, no one wants to leave their hometown.
However, in business.
It is inevitable that Huateng Company wants to become a leading enterprise in the Yangtze River Economic Belt, wants to invest along the Yangtze River, and wants to continuously expand investment in the three major fields of finance, real estate and high-tech, and even includes more in-depth comprehensive investment in the fields of hotels and energy.
Xu Teng hurried back to Huzhou after his inspection trip in the United States, and to a large extent, he was ready to make the final decision.
After two years of preparation, the conditions for moving to Huzhou have been very mature, and all aspects are ready, everything is ready, only the east wind is owed.
The Shanghai municipal government has been observing this.
Several leaders can also understand that Xu Teng is a native of Jiangzhou in a broad sense, born in Weixian County, grew up in Weixian County, studied in Jiangzhou, and started a business...... Most of my friends are also in Jiangzhou and Weizhou.
Although there has always been a bit of controversy within Jianghuai Province, it has always been very fond of Huateng Company.
In this case, it is indeed a very difficult thing to get Xu Teng and Huateng to move to Huzhou.
It's almost a kick in the door.
This time, taking the opportunity to talk about Huzhou football, the Huzhou ******** personally invited Xu Teng to dinner at the Xijiao Hotel, and several other important leaders also attended collectively, and there were five people at the table, four to one, talking behind closed doors.
What was specifically discussed, neither side would leak half a word.
talked about it until 22:40 in the evening, a full 3 hours, Xu Teng finally agreed, on January 10 next year, the headquarters of Huateng Company was officially moved to Oriental International Plaza.
There is no such thing as Oriental International Plaza in Huzhou, and the city has made a new plan to demolish the old community opposite the Orient Overseas Building, and plan a relatively small Oriental International Plaza, and the entire Orient Overseas Building is the asset of the state-owned company, and the whole building will be sold to Huateng Company.
This is a one-time in place to ensure the office needs of Huateng Company.
This is also the simplest trivial thing among the dozens of terms of Huzhou City to assist Huateng Company in relocation.
When it comes to this, Xu Teng must agree, in front of several leaders, since he promised to move Huateng Company to Huzhou, there is no way back, he must do it, he can no longer hesitate, and he can't expect to have a second chance to negotiate and negotiate again in the future.
That's, that's looking for death.
After the dinner, Xu Teng sent a text message to Tang Jun, Luo Hongyan, and Yu Liang on the way back to Mahler Villa by car, informing them of the official start of the relocation.
Huateng Company is not Tencent, nor is it Huateng Automobile, nor is it Huateng Land Group.
These are two different things.
The full name of Huateng Company is Jiangzhou Huateng Industrial Holding Investment Company, which is the parent company of the entire Huateng system, a pure asset investment and management company, with more than 300 employees in the whole company, of which 1/3 are certified public accountants with work experience in the four major banks.
Now moving to Huzhou, the company will also be renamed Huzhou Huateng International Investment Management Company, which is worthy of its name - in Shanghai, it is condescending and manages the assets of Huateng in the country.
Tang Jun, the vice presidents of Huateng Company, are of course very happy, it should have been done a long time ago, and several of their vice presidents bought houses in Shanghai one after another last year, only to move their hukou.
The hukou problem will be arranged by the city as a turnkey arrangement, and it will be dealt with at one time.
After making the final decision, Xu Teng was at ease in his heart, and he didn't have to think about anything else, he moved anyway.
There will definitely be negative influences, and if Jianghuai Province is dissatisfied, it is a normal thing.
Everything is quietly changing.
On New Year's Day in 2006, Xu Teng spent time in Mahler Villa in Huzhou, accompanied Xia Li and Mei Jiali to go shopping in the morning, and chose to go to the Peace Hotel to dine in the evening, living quietly and leisurely.
On this day of January 4, the media finally noticed it and reported it.
Huateng is not only one of the top three real estate companies in China, but also owns a variety of high-tech industries, heavy industry, finance, hotels, and energy.
The total assets of Huateng Company are now comparable to those of top central enterprises such as the International Trade Bureau and Zhongrun, and the total profit and net assets in 2005 are also comparable to those of Zhongrun Group, and the total market value is four times that of Zhongrun Group.
This is one of the two major branches of the Huayin Consortium, whose strength has rivaled that of a top central enterprise, and the impact and waves caused by the relocation from Jianghuai Province to Huzhou are absolutely extraordinary.
There are different opinions in China, some people say that Huateng Automobile will also move to Huzhou, and those industrial 3.0 enterprises under Huateng Company, as well as various enterprises in the scope of the smart city of the entire Huateng system, will be relocated to Huzhou one after another.
Tang Jun personally held a press conference, stating that the headquarters of Huateng Company was relocated to Huzhou, and its subordinate holding subgroups are still scattered throughout the Yangtze River Economic Belt and will not change significantly.
The waves are surging, and the crowd is golden.
Xu Teng didn't pay attention to these things, nor did he accept any media interviews, and lived his life leisurely, going to work at the new company headquarters at 9 o'clock in the morning, going home for dinner at 12 o'clock on time, practicing Chinese martial arts in the afternoon, playing judo, and asking a few friends to play a dozen rounds of golf.
In the evening, I watched TV, played chess, and listened to music with Xia Li.
It wasn't until April that a news broke out again, shocking the country, from the business community to the general public, collectively dumbfounded.
As a leader in the new technology industry, Xu Teng actually sold a majority stake in Suntech, and according to the 2005 financial report released by SoftBank, Xu Teng sold the company to Japan's SoftBank for at least $7 billion.
Some are horrified, some are angry.
Thrillers, there are Mr. Liu, Mr. Feng, and Mr. Ren of Taishan Club, Mr. Lu of Pan Asia, and leaders of Xizhou City...... Unexpectedly, Xu Teng's speed of making money was so soaring and so strong, and he made 7 billion US dollars as soon as he changed hands, and real money was recorded in his account.
The indignant do not want this world's leading high-tech company in the photovoltaic industry to fall into the hands of Little Japan.
Many people don't understand this transaction, although 7 billion US dollars is also a huge amount of money for Xu Teng, but he sold it so happily, is it a lack of money, or short-sightedness, or is SoftBank more forward-looking?
Who knows?
Anyway, there are all kinds of theories.
This time, Xu Teng must stand up and make a response, and he can't always hide behind the scenes.
It was not until the end of April that the news fermented for a week, and it was already known to the whole country, Xu Teng was interviewed by Sina.com, admitting that he made the decision to sell Suntech, transfer his investment in the photovoltaic industry to equipment manufacturing, and develop to the upstream of the entire photovoltaic industry.
It's true.
Xu Teng has invested in three photovoltaic equipment manufacturers around the world, and Huateng New Energy Technology Co., Ltd., a subsidiary of Huateng Company, holds two, one in Zhejiang Province, one in Germany, through SVB Silicon Silver Company, and then holds GT-Solar, one of the two giants with the highest technology level in the world.
Again, this is fake.
Xu Teng did expand his upstream investment in the photovoltaic industry, but did not withdraw from the middle and downstream markets, and in addition to selling Suntech, he also acquired Sunpower, the founder of the photovoltaic industry, and cut the old production capacity of Sunpower, and scaled back the expansion plan of new capacity.
Generally speaking, the larger the production capacity of a company in the industry, the lower the procurement and production costs, and the stronger the voice will be.
This law does not hold true in the PV industry.
For photovoltaic cell manufacturers like Suntech and the assembly of photovoltaic power plants, the most important enterprise costs are the purchase cost of ingot furnaces and the production cost of silicon crystalline cells.
From 2005 to 2015, in ten years, the production technology of polysilicon ingot furnaces was gradually upgraded from the early 20 tons to 50 tons, 120 tons, 200 tons, 300 tons, and even 500 tons.
The gap between these generations of technology is very obvious, almost every two years to upgrade, the main leader is the global ingot furnace equipment manufacturer giant GT-SOLAR company, from the 2002 G1 standard to 2015 G8 standard, the gap between the baking scale, automation rate, and yield rate is obvious.
This leads to a very cruel anti-market law, the larger the existing production scale of photovoltaic cell manufacturers, the higher the cost, the sooner the loan to buy G2\G3 generation ingot furnace, the faster it will die.
Even, you just borrowed more than a billion dollars last year to invest in a new production line, this year there has been a technical gap, next year is lagging behind the average level of the same industry, and you borrowed money last year has not been repaid, you have to borrow money to buy new equipment.
Year after year, it's strange not to die.
From Shande to Saige, they all died like this.
Therefore, among the photovoltaic cell manufacturers, there are basically no large companies in the later stage, and they are all small enterprises.
Xu Teng continues to invest in Sunpower, shrinking production capacity in the United States and other markets, investing in new production lines in Eastern Europe, maintaining market share in the European Union, and basically not intervening in the Chinese market and not participating in competition.
Xu Teng will not tell the outside world about all this.
If he really wants to say his "prediction", SoftBank will definitely sell the shares of Suntech Power in his hand immediately, so how can he get rid of the 34 million shares he held in the end?
Anyway, he has made $7 billion now, and the last 34 million shares are slowly getting rid of it, between $80 and $120 per share, which is the right time to get out, and if he can seize the opportunity, it is possible to continue to make $3 billion.
The key is that there is no second wronged person on the market.
With money in his hand, Xu Teng didn't panic, and slowly sorted out the various companies under Huateng Company, become, very good, not successful, transfer at the right price, the most difficult thing is the two industries of automobiles and mobile phones.
Back then, Huang Xinzhou and Lao Jiangtai Group also died in these two fields.
Xu Teng sometimes thinks about it, but also sighs, China's private automobile industry is not easy to mix, as for the mobile phone industry, it is also in an unprecedented trough period.
This afternoon.
Xu Teng asked Hu Chunyuan, chairman of SAIC, to play bowling, originally to play golf, but the sky was not beautiful, it was pouring rain, and the two chairmen temporarily decided to go bowling, in the staff club of SAIC.
In the afternoon, there are not many people here, and the conditions and equipment are average, which is certainly not comparable to the entertainment venues outside.
Xia Li was bored at home, and she also came over to play, she is now more than 8 months pregnant, she is still quite thin, she can't see it, because she is afraid that something will happen to her, Gu Xueli and Hua Lingling have been with her.
Chairman Xu Teng and Chairman Hu, as well as Chen Zhixin, CEO of Huateng Automobile Company, and Li Dakai, Chairman of Sino Soar Group, were divided into two groups to discuss the future of Huateng Automobile and China's auto industry while playing ball.
Xu Teng actually has 10,000 people who can't figure out why Huateng Motors can't be sold.
His main focus is SUV, from design to production is very good, Huateng Tiggo SUV appearance is generous and beautiful, the chassis is from the Land Rover, it is also very good, and the price is a slight loss of 80,000 to 120,000.
Oh, it just can't be sold.
The mini hatchback Huateng Lotto is sold well, with a low price, with a standard configuration of 48,000 yuan and a high configuration of only 69,000 yuan.
If there is no joint venture company of Huateng BMW, relying on the production line of BMW 5 and BMW X1, Xu Teng will basically be able to close his doors now.
The main problem at this stage is the lack of word-of-mouth, relying on advertising and marketing and various offline promotion, and can not achieve too good results, rich people will not consider the Huateng brand, people who have no money, take out 100,000 to buy a car, must try to choose big brands, such as Toyota, Honda, Mazda.
Hyundai and Kia are also very popular, after all, they are Korean products, and the high-tech national image is over there.
China?
No, I'm not confident.
Xu Teng himself does not use all German cars and British cars, not Bentley, or Rolls-Royce, and the accompanying team also uses imported BMW X5.
So, it's a universal problem.
This afternoon, Xu Teng and Chairman Hu Chunyuan chatted about this topic, each other was very helpless, Lao Hu is to be honest, he now does not dare to do his own brand at all, low-end can not do, high-end can not do, can only do mid-range models.
Lao Hu said that he still hopes that Xu Teng will hand over the ROVER brand to SAIC to operate, so that he can save his capital, unlike Xu Teng's black eyes who are losing now.
A year ago, if Hu Chunyuan wanted to say this, Xu Tengzhen would not pay attention to him.
Right now...... Xu Teng is still very excited.
Rover's Chinese translation was re-registered as Roewe, rover75 was renamed Roewe 7 after domestic production and listing, neither glory, nor prestige, live selling, far from being comparable with the same level of Passat, Mazda, the price of more than 200,000 yuan, it is really cost-effective, but it can't be sold.
If it can't be sold, Xu Teng will have to invest new funds to develop the Roewe 8, including the engine development of the Roewe 9.
At present, in Europe, if you want to develop a new model, you can't do it without an investment of three or four billion euros.
Of course, the cost of pure cottages is very low, but for Xu Teng and Huateng Company, this is really embarrassing, anyway, it is so embarrassing now, high is not good, low is not enough.
The time gradually came to the evening, and the number of people in the staff club gradually increased, and many employees often saw Chairman Hu Chunyuan bowling here, which was not very unusual, and later heard that Xu Teng was also there, and couldn't help but come over to watch.
Xu Teng looked at the time and decided to go home first, no matter how many people went on, he couldn't talk about any business matters.
"Xiao Teng, the matter of the Roewe Automobile brand, you think about it again, anyway, our cooperation is better than an independent support. Hu Chunyuan wiped his sweat with a hot towel, and then got up to send Xu Teng.
"...... this matter?" Xu Teng thought about it carefully, and finally made a difficult decision, "Lao Hu, I really don't eat alone, anyway, what about this situation, you also know that the loss will definitely continue to lose for a while, but I still decided to continue to persevere." I'm not going to fight with you, I'm going to compete with Hyundai and Kia, isn't that what happened...... But people are also foreign-funded foreign brands, they are noble by nature, and they can make money by selling them casually, and they can't be convinced!"
"Yes, you can't be convinced, then you work hard, I wish your Roewe 8 to be an instant hit and sell well all over the country. Hu Chunyuan shook hands with Xu Teng with a smile and said goodbye, and patted Xu Teng's shoulder to encourage him, but of course his true thoughts in his heart were sneering.
Xu Teng is not satisfied with the performance of Huateng Automobile Company, but in Hu Chunyuan's view, this is already very good, among several private car companies, Huateng Automobile is a sudden rise, and it can be regarded as the seventh largest automobile manufacturer in China.
Huateng Automobile currently has two biggest advantages in China, one is a joint venture with BMW, and the other is to hold two British brands, Roewe Rover and MG MG, both of which are what Hu Chunyuan wants to do.
Huateng Automobile has not been listed for the time being, Hu Chunyuan actually wants to buy shares, if SAIC can hold more than 1/3 of the shares, Huateng Automobile will be included in SAIC, it is a great political achievement.
Let's talk about it this afternoon, I feel that there is not much hope, Hu Chunyuan has nothing to say, continue to wait, wait a few more years, when Xiao Xu's face is black, he will try again.
Hu Chunyuan believes that this day will not wait long.
Huateng Automobile is not only a domestic loss, but also a heavy loss in the UK, and the two sides combined, as strong as Xu Teng, may not be able to withstand it for too long.
A business that loses 2 billion RMB a year, who can sustain it?
As for Xu Teng, Xu Teng didn't want to get so close, because he thought too far, that is, he wanted to compete with Hyundai Group, fight hand-to-hand, and not lose to the Korean auto industry. As long as he can crush Hyundai in the most competitive and even least favorable domestic market, he will definitely be able to fight out and continue to crush Hyundai in overseas markets.
Of course, it seems that it is not easy to crush the Koreans! )