Chapter 867: Gritting Teeth and Holding on for Two Years

If you want to directly transfer the Fiat base of Ningqi and take over the cooperation with Fiat, the main problem is funding. Pen % fun % Pavilion www.biquge.info

Last year, Qihang acquired more than 2 billion auto parts in the United States, powertrain company, Zhuocheng base, plus cooperation with Hyundai, it will also exceed 1 billion, close to 1.5 billion.

And these units are all dollars...... That is, the existing projects are close to four billion, dollars! Including the intention to acquire Subaru's shares from GM, the investment is more than $4 billion.

These investments have already allowed Qihang, and in the next few years, the funds have been almost squeezed to the limit, after all, Qihang can cost more than one Qihang car.

To be honest, now in addition to the Qihang mobile phone, the Qihang game, and the Qihang network has capital output, the profits of other enterprises are not enough to maintain their own development.

Of course, it is not completely unrealizable, when Geely acquired Volvo, it only had less than 4 billion of its own funds, and its annual profit did not exceed 1 billion, and it also mobilized nearly 3 billion US dollars and 20 billion US dollars.

Hearing Yang Fan's plan, Liu Ya immediately said, "Qihang wants to forcibly go to the Fiat base, it can be, but the financial cost will be very high." Last year, the profits that Qihang mobile phones could attribute to the group were less than 2 billion. If there is a large-scale debt, the mobile phone will only be enough for financial interest. ”

The profit generated by Qihang mobile phone last year was indeed very high, more than 4 billion, but it is necessary to leave development funds, not only one shareholder of Qihang Group, but also 1800 million in Qihang Group's account.

The existing liabilities of Qihang have exceeded nearly 20 billion, and the funds provided by Qihang Mobile are enough to cover the interest cost of these liabilities.

Liu Ya shook her head and said, "This is still due to some policy loans, otherwise, it will not be enough interest." AP Group also needs to relocate, and the project requires a lot of money. ”

AP Group is AutoParts, Auto Parts Group.

In the past two years, Yang Fan's actions have been too big. The acquisition of AP Group, not to mention the direct tens of billions of projects, Qihang Building, automobile production base, cooperation with Hyundai, powertrain, which is not a multi-billion project.

Speaking of the relocation of AP Group, Yang Fan asked Ye Qingwan on the other side, "What is the US government's opinion on the relocation of AP Group?" ”

Ye Qingwan signaled Yang Fan to rest assured, "What opinions can they have, they are originally small factories that do not have much competitiveness, and they are only competitive after they are integrated by us." They were satisfied enough to leave a few big factories in Detroit. ”

Although Detroit is becoming more and more dilapidated, it still has a great influence in the automotive industry.

Yang Fan also doesn't want to lose the previous market, so naturally he won't all relocate here, and will naturally leave relatively large enterprises such as elite gears there, integrate them, and maintain the original market by the way.

Because of the merger, the competitiveness has been enhanced, and a number of new equipment has been added, and Qihang and GM are talking about the issue of Subaru shares, and they have also taken the opportunity to have some relationship with GM, and now they are doing well.

However, most of the businesses, especially those that are relatively backward, are going to relocate to China, after all, those companies are not competitive in the United States. On the contrary, in China, there is still a lot of competitiveness.

The market environment is different, and in the United States, Ford's F150 is used as a tool car, or even a truck.

To the domestic market, uh, the Raptor does belong to the very high-end model in the F150. Not to mention the Raptor, it is to replace it with other pickup trucks, and there are a few in China that will really be used as trucks, especially now. It is a state-owned monopoly institution, at most, it is used as a tool car, usually pulling individuals and carrying tools.

Just think that Yang Fan used to be in the power system, even if it was a JMC pickup, he also sat on a person, with some gadgets or something. No one really uses a pickup truck to drag cable spools, transformers or anything. Although the stranded reel and the frame are not much pressure to drag behind.

Today's agricultural vehicles and other enterprises are still alive and well. Therefore, those relatively backward production capacity still have a market in China.

So Yang Fan chose to relocate those companies and upgraded them by the way.

Thinking about it, Yang Fan asked, "Some of the fixed assets of the original AP Group can also handle some of them, right?" ”

Ye Qingwan shrugged her shoulders, "The current situation in Detroit, don't have too much hope for these assets. Even if you can handle it, you won't have too much money. ”

Liu Ya added on the side, "This year, from the major banks in Ningcheng and even Su Province, there is not much money to set sail for. ”

Each bank has a certain loan amount, although everyone also wants to give Qihang a loan, but also to consider other circumstances, it is impossible to stuff Qihang with all the brains.

Yang Fan shrugged his shoulders, "Let Zhuocheng go to the central bank to help get special loan indicators, just thinking about eating meat is not enough." If this continues, Zhuocheng Export Processing Zone can also be called Qihang Industrial Park. ”

When Ye Qingwan heard it, she felt that it was really funny, "Yes, I heard that their goal this year has listed the automobile industry as a pillar industry." ”

"Ningcheng, Su Province can also go and ask for it." Yang Fan said, muttering for a while, "Well, let's just say that Qihang can bring out the production capacity advantages of Ningqi Fiat Base, and all that is missing is money." ”

For Jiangsu Province and Ningcheng, although they had shares in Ningqi before, they were very willing to give up dividends and provide policy loans by the way......

Whoever thinks that the government's biggest source of funding is dividends is ridiculous. Are you looking at it when you are in the tax department?

Except for special industries, under normal circumstances, all profits of enterprises are not as high as taxes, which is certain, although they are divided into national and local taxes, the problem is that the profits of enterprises are not all theirs. Similarly, the entire industrial chain that can be driven by the production base, these enterprises also have to pay taxes.

In addition, the contribution to the employment rate, consumption power, average income, etc., as well as the five social insurances and one housing fund for employees, and social stability.

It can be said that as long as the Ningqi Fiat base can run at full capacity, both Suzhou Province and Ningcheng will definitely do their best. Of course, for the relocation of AP Group, Zhuocheng will do its best.

If you don't want a special loan, the government can also help match some enterprises with good benefits, and then set sail, whether it is financing or borrowing, it is more convenient.

"You kidnap ......," Liu Ya said with a smile, "Haven't you always disliked dealing with government departments?" ”

Yang Fan nodded, and said as a matter of course, "So, these tasks are entrusted to you." ”

Liu Ya, "......"

Yang Fan sighed, "Actually, it's not a kidnapping, otherwise it would be a direct request to set up investment companies in various places and inject funds directly, I believe they would be happy." ”

They are willing, but Yang Fan is not.

With the addition of a few shareholders of investment companies set up by local governments, there are many troubles in the future.

Yang Fan was willing to grit his teeth and persist for a few more years.