Chapter 172 Automobile Industry (Subscription Requested)

On January 18th, Wu Haoxuan personally went out of the train station to greet Pierre. Dupont and David. Rockefeller, these two guys went around Chinese mainland and then went north.

"Hi my friend, long time no see!" Pierre. Du Pont rushed up and gave Wu Haoxuan a big bear hug.

"Long time no see!" Wu Haoxuan was also full of smiles.

David. Rockefeller also walked over and hugged Wu Haoxuan.

Although, Wu Haoxuan is not sure that he and Pierre. DuPont and David. Whether the Rockefellers were friends or partners. However, the two sides can at least be considered partners. In the previous series of cooperation, the cooperation between the two sides is also very good. Wu Haoxuan also hopes that this relationship can be preserved forever.

After leaving the train station, everyone got into the carriage prepared by Wu Haoxuan. Wu Haoxuan and Pierre. DuPont and David. Rockefeller rode in a horse-drawn carriage. In the carriage, they couldn't help but talk about their trip to China.

"I heard that you already have an investment project in Kannai?" Wu Haoxuan asked with a smile.

"Well, the non-ferrous metal resources in that place in Jiangxi are good, and we have planned to invest in the establishment of a factory there." Pierre. DuPont said.

"Yes, Jiangxi is rich in non-ferrous metal resources. But will the local officials give you permission to build a factory? Wu Haoxuan was skeptical. The interior is very xenophobic, especially for these foreigners, who don't want to establish themselves there.

"It was a hassle and the local officials were very unwelcoming to us. Later, we went to the governor of the province and got the power to invest in the factory. Haoxuan, I have to admit that this country is too backward! "David. Rockefeller shook his head repeatedly.

Wu Haoxuan knew that they had taken the path of the governor of Jiangxi, so they were approved to build a factory. But. This is the national situation of this era.

"This country has been closed for too long, and it has been derailed from the development of the world. However, if you want to invest in the non-ferrous metal industry, you can invest in the seven northern provinces. Jilin and Fengtian are both rich in resources. Wu Haoxuan said.

"Of course, that's what we're here for. But. Didn't you insist that you have to do a joint venture? "Pierre. DuPont said.

"Of course, it's going to be a joint venture. After all, these industries are related to strategic security. Wu Haoxuan nodded, his attitude was very firm in this regard. Non-ferrous metals can be used in a large number of military industries, so this industry must be invested by the government to occupy an absolute controlling stake.

Pierre. Dupont and David. The two Rockefellers had to shrug their shoulders helplessly. Obviously, this kind of cooperation is not satisfactory to them.

"Hey, maybe we can do it another way. The government of the North acquires a controlling stake in the enterprise, however. It does not participate in the actual operation of the enterprise. However, we have to oversee the company's finances and sales. Make sure that something that jeopardizes the security of the government does not happen. In that case, there won't be any problems, right? Wu Haoxuan said.

"That's acceptable." David. Rockefeller nodded.

"That's right, Haoxuan, Robert. Bacon has provided you with a lot of benefits this time, right? "Pierre. DuPont asked.

"Yes, the U.S. government gave us $30 million in non-reimbursable aid, plus $100 million in interest-free loans and $350 million in low-interest loans. But. I mortgaged all the Xihua Group. Wu Haoxuan said.

"Hell, Haoxuan. If you need a loan, you can come to us. Those guys in the Morgan consortium are a bunch of vampires. "David. Rockefeller couldn't help but curse. The Rockefeller consortium is also salivating for Wu Haoxuan's Xihua Group.

"Don't worry, the Morgan consortium will not get the Xihua Group, when the time comes. I'll definitely pay off the loan. Wu Haoxuan shook his head.

"Well, I don't know where you got your confidence." David. Rockefeller said stupidly.

After the group arrived at the Patrol Embassy, they settled down. However, Pierre. Dupont and David. Rockefeller was not the kind of person who could afford to sit idle. In the afternoon of the same day, I found Wu Haoxuan. Start discussing their business plan.

"Haoxuan, you said before that you have a big business to discuss with us. Now, here we are, can we tell us what's going on? "Pierre. DuPont said.

Wu Haoxuan nodded: "I plan to establish a large chemical factory, a pharmaceutical factory, a large arsenal, a machinery manufacturing factory, and a tractor factory in Shengjing City. I hope you can help me! ”

"Are you giving us a stake? These factories seem to be more promising. "David. Rockefeller said.

"No, no. These factories do not require you to take a stake, and I hope that you can provide me with the machinery and equipment I need, as well as some technical personnel and management talents. Of course, I'll pay cash at market price. Wu Haoxuan shook his head. After receiving a large amount of loans from the United States, he did not want the DuPont and Rockefeller families to take a stake in these companies. In particular, these companies are very important.

Needless to say, the arsenal is related to the weapons and equipment of the Northern Army. As for the tractor factory, the northeast is vast and sparsely populated, and it is very promising to vigorously develop tractors. What's more, if the production line for the production of tractor chassis is modified, it seems that it can be used to produce tank chassis. This is directly related to the secret weapon of the Northern Army in the future, and naturally it cannot be allowed to let others become shareholders.

"The investment required for these factories is not a small amount. However, you get a lot of loans, which is not a big deal. If we just want to buy the machinery and equipment needed by these factories, maybe we don't need to visit the two of us in person, right? "Pierre. DuPont frowned.

"Of course, this is just our first joint project. The second project is the one that really makes money, and it's a big business that costs hundreds of millions of dollars a year! Wu Haoxuan said.

"Hundreds of millions of dollars? What kind of business is it? "Pierre. Both Dupont and David Rockefeller exclaimed. After all, in this era, hundreds of millions of dollars in business is already a big deal.

"Cars! I plan to build a large automobile factory in Shengjing, and strive to produce 100,000 cars per year. Wu Haoxuan said.

"100,000 cars? How is that possible? There is no foundation around Shengjing City, and a series of factories need to be built, especially those supporting factories. "David. Rockefeller shook his head repeatedly.

"So, that's where your help comes in, and we can invest a lot of money to get the factory up and running quickly. In this case, it will be available for sale at the end of next year. Wu Haoxuan said.

"Haoxuan, this is crazy, isn't it?" Pierre. DuPont frowned.

"Let's not talk about this first, this is my BMW 1 car company plan, you can see if it is feasible. If so, let's talk about investment. Wu Haoxuan handed a thick stack of manuscripts to the two of them.

The BMW Model 1 is a plan made by Wu Haoxuan in imitation of the T-type car of the company. Of course, compared to the Ford Model T, the BMW Model 1 is much more beautiful than the Model T after adopting a lot of designs from later generations. In addition, the use of assembly lines and standard parts in a common way, the cost of the car can also be effectively reduced. In addition, China's labor costs are much lower than those in the United States. Therefore, the cost of a BMW Model 1 is only $400 at most. In this era, the price of those cars is basically $2,000 to $3,000. Even Ford's Model T costs $850. This means that the profit is almost 100%!

"Haoxuan, this car is really a handicraft, much more beautiful than the cars made by those automobile companies in the United States. If it can be produced, it will definitely sell well. "Pierre. DuPont said heartily.

"Of course, this is a model that I specially asked someone to design, and it has been recognized by patents in the United States and Europe." Wu Haoxuan said.

"Haoxuan, can the cost really be controlled at four hundred dollars?" David. Rockefeller was in disbelief. He was aware of the prices of those cars sold in the United States. If the cost of 400 dollars is 2,000 dollars, isn't that a profit of 400 percent?

"Of course, we will use assembly lines and standard spare parts in factory production, which can greatly reduce costs and improve production efficiency. Thus, the cost is kept below $400. If it is a large-scale production, it can even be further controlled at about 300 dollars. So, you should be able to estimate the profits of this industry, right? Wu Haoxuan said with a smile. He knows that the automotive industry is very profitable in this day and age. It's just that if he only relies on his own ability, it is difficult to establish all this in a short period of time. If the DuPont and Rockefeller families were involved, none of this would have been a problem.

"This seems somewhat similar to the new plan that Ford is preparing?" David. Rockefeller frowned. As a family that monopolized the extraction, smelting and sale of oil in the United States, he was also very clear about Ford.

Wu Haoxuan shrugged: "Perhaps, this is just a coincidence. ”

"Haoxuan, your BMW Model 1 is only priced at eight hundred dollars, which seems too low, right?" Pierre. DuPont asked.

"100% profit is not low, which will enable us to quickly seize the market. If we could seize the entire U.S. and even European car market, how lucrative would that be? Wu Haoxuan said.

Suddenly, Pierre. Dupont and David. Both of Rockefeller's breathing became a little rapid. (To be continued......)

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