Chapter 1197: Bargaining (Three Shifts, One Shift)
Brent's meaning is of course obvious, he wants to stabilize Lin Hongfei, make Lin Hongfei respect the existing market order, and agree to let their company's titanium and titanium alloys be sold at the current market price; Lin Hongfei's meaning is also obvious, he fully respects the existing market order, but the advantages of the American branch of Guqi Provincial Industrial Manufacturing Co., Ltd. in titanium and titanium alloys must be reflected.
What are the specific advantages? Cost advantage, of course!
To put it simply, it is necessary to ensure that the titanium and titanium alloy products of Guqi Provincial Industrial Manufacturing Co., Ltd. have the competitiveness to open up the market under the existing market order.
But if the market is opened by Lin Hongfei, then Timet is still a fart?!
Now the international titanium and titanium alloy market is relatively weak, Timet company has an expansion plan, but the plan is a few years later to expand production, according to Timet's analysis, at most five years later, the market will have a great recovery, at that time is just Timet company fishing time, but who would have thought that at this time and pop up a Rausch Guqi Province Industrial Manufacturing Co., Ltd. American branch? Timet felt disgusted that the peach tree he had worked so hard to plant had been picked by someone else.
"Of course, our Timet can see your company's competitive advantage," Bren nodded, "but the performance of your company's products is not as good as ours......"
"So the quality is high and the price is high, and the quality is cheap, this reason is very simple, right?" Without waiting for Brent to finish speaking, Lin Hongfei continued with Brent's words, "The performance indicators of our products are slightly inferior to Timet's products, and the price is naturally lower." ”
"Mr. Lin, we might as well say it directly," Brent didn't expect Lin Hongfei to misinterpret his meaning based on his own words. was stunned, and simply went straight to the showdown, "I have seen the various test indicators of your company's products, which are much worse than the high-strength substable β titanium alloy produced by our Timet company...... Of course, we are very cooperative, and we at Timet are willing to pay $200 million to acquire 40% of your company's shares. ”
In Lin Hongfei's plan, the total investment of the entire titanium alloy project is 400 million US dollars, and now Timet is willing to contribute 200 million US dollars, only 40% of the shares. It is clearly a premium acquisition, and it seems that Lin Hongfei has taken a lot of advantage, but ......
That's weird!
Not to mention anything else, the value of the preparation method of this new titanium alloy material in Lin Hongfei's hands alone is more than 400 million US dollars, if it is developed by Timet itself. It would be nice to be able to develop it in 10 years with $500 million. In fact, as an American new materials company. Timet spends a lot of money on R&D every year. But even so, Lin Hongfei has not developed the low-cost and large-scale manufacturing of titanium alloy technology, which shows the difficulty and value of this technology.
"5 percent, $200 million." In the face of Brent's lion's big mouth, Lin Hongfei's mouth was also not small, "Mr. Brent, we all understand the value of this technique. So, let's not insult each other's intelligence. ”
"You dare to ask for $200 million for 5% of the shares? Why don't you go and rob?! ”
Even though he had already been mentally prepared for Lin Hongfei to open his mouth before, but when he heard Lin Hongfei's condition, Brent still jumped up involuntarily: Lin Hongfei asked Li to open his mouth before. The request conveyed by Iacocca was 15 per cent of the shares. 200 million US dollars, although Lin Hongfei has repeatedly emphasized that this is the upper limit, but in the eyes of Brent and Timet, this should be the bottom line, you Chinese, why?!
The Chinese in the early 90s were the time when they bent the most at the waist, and at the same time when they were most despised by foreigners, to put it mildly, people can squint your eyelids and slant at you is considered to give you face, and buy your company's shares at a premium? This is not only a matter of your solubility, this is simply the treatment that your ancestors have accumulated virtue in eight lifetimes, in order to be able to export their own products for valuable foreign exchange, the company that is the master in China has become a grandson in a blink of an eye when it goes abroad...... It's a pity that Lin Hongfei's backbone has always been hard.
"How can you be as good at robbery as your Timet company?" Lin Hongfei glanced at Brent, stood up and made a gesture to leave, "Take $200 million, you can buy 5% of the shares, think about it." ”
"35 percent, $200 million." Brent almost gritted his teeth and quoted a new price, his face was so blue that it looked like he had been cut from him.
Lin Hongfei chuckled, but did not answer, and walked to the door of the conference room before turning around, "Mr. Brent, I hope that this failed negotiation will not affect your future in Timet." ”
It's the rhythm of the walk. Seeing that Lin Hongfei really didn't plan to talk about it, this result made Brent, who was used to being an uncle in the capital during this time, a little unacceptable, he stood up abruptly and threatened viciously, "Mr. Lin, do you know the influence of Ludao Timet Company in the United States?" Almost all of the heavyweight defense contractors in the United States are our customers of Timet, and if Timet is not happy, our customers will be unhappy, and if our customers are unhappy, your government will not be happy, your government will not be happy, and you think your company will be okay? I'll take one more step back, 30% of the shares, $200 million...... Mr. Lin, this is the last opportunity, I hope you know what it means to cherish it. ”
"That's right!" Lin Hongfei nodded, "Theoretically, this is indeed the case. ”
Hearing Lin Hongfei's answer, Brent's face couldn't help but show a smile of victory: in his opinion, victory was already close at hand. But his smile was only halfway visible before he froze......
"But that was before, before you Timet was the biggest, and of course the government and the military had to look at your face, but now, you're not going to be right away, who do you think is most happy to see what is happening? I think the military, the government, and those defense contractors have been bullied by you Timet in the past, right? Lin Hongfei's words unceremoniously unveiled the weak coat of Timet, "Now that I see that Timet's life is sad, I think that not only RTI and ATI are happy, but also the Pentagon, GE, and Pu. Hui, Luo. Luo, CFM, IAE, Northrop. Grumman, Boeing, Airbus, McT. Road...... These traditional customers of yours, I believe they must have enough reason to see you unlucky, Mr. Brent, don't you say? ”
Listening to Lin Hongfei say this, Brent, who was pierced through his weakness, his face had turned pale!
Lin Hongfei is right, who is most happy to see Timet deflated? Of course, there is no doubt that it is the U.S. government, the military, and those defense contractors who need titanium and titanium alloys, just like Lin Hongfei said, in the past, Timet Company relied on the special status of its company in the United States to show its specialness, but now, the situation is different, Lin Hongfei, an unreasonable bastard, has been killed, and Brent does know that the previous Timet Company has not sought to find some trouble for Lin Hongfei's business in the United States through some official and unofficial ways, but nowLin Hongfei's industry in the United States is a key area of concern for the Pentagon and those American defense contractors, and their targeted actions have not caused Lin Hongfei any trouble at all.
"Okay, that's all I have to say," Lin Hongfei waved his hand at Brent, "Mr. Brent, think about it...... I trust you to make a rational judgment. ”
"Okay, Lin, you win," Brent finally gave in when Lin Hongfei's entire figure stepped out of the conference room, and he shouted to Lin Hongfei, "Just according to your previous conditions, 15% of the shares, 200 million US dollars." ”
Lin Hongfei seemed to have been waiting for Brent's words here for a long time, and he had already walked out of the conference room, and he turned around and walked back, "I also take a step back, 7%, 200 million US dollars...... As I said before, $200 million for a 15% stake is the ceiling, but you Timet have a bad attitude and I don't like it. ”
Hearing Lin Hongfei's condition, Brent almost wailed: Just because I have a bad attitude, you open your mouth? "Mr. Lin, you must understand the importance of the market economic order, you don't plan to be the spoiler who makes everyone have no money, right?"
The production cost of Guqi Industrial Manufacturing Co., Ltd. is only one-fifth of that of Timet, RMI and ATI for the same aviation-grade titanium alloy, which is too bad: if Guqi Industrial Manufacturing Co., Ltd. sells according to the prices of Timet, RMI and ATI, its competitive advantage will not be reflected at all; But if they are sold at ultra-low prices, will Timet, RMI and ATI still be alive? They still have to find Lin Hongfei to fight hard?
The question then becomes: how do you make sure everyone has money to earn?
Standing in those companies that use titanium alloys, of course, they wish that the price of titanium alloy is as cheap as possible, and it is best to have a price with steel, but in terms of price and profit, titanium and titanium alloy manufacturers are natural allies, since they can't make as much cheap as possible from Lin Hongfei, the first point they think about is, of course, to hold their excess profits as much as possible...... Titanium and titanium alloys are indeed excess profits. (To be continued......)