Chapter 767: Unloading the Mill and Killing the Donkey (Asking for Recommendation Votes)
"Top supplier, is there anything more suitable?" Pei Qianlong asked.
This has the meaning of taking the school.
If this Liu Xia is really very capable, then they don't need to pay special attention to this project.
In the middle of last year, the Bosch Group announced that it was studying a strategic plan for the restructuring of the engine and generator business units, including finding partners or acquirers. Liu Xia came as soon as he opened his mouth, not only knowing the industry well, but also accurately grasping the key points.
Bosch.
If you're not familiar with Bosch, you've heard of it.
Bosch is a precision mechanical and electrical engineering company that, like Siemens, is a German company. Bosch is also quite large and is the world's largest supplier of automotive technology.
In 1967, Bosch AG and Siemens AG jointly established the Bosch-Siemens Household Appliances Group, abbreviated as BSH Home Appliances.
In September 2014, the Bosch Group and Siemens AG reached an agreement that the Bosch Group would acquire 50% of the shares of the joint venture held by Siemens for 3 billion euros, and BSH would become a wholly-owned subsidiary of the Bosch Group.
In other words, what we usually see in Siemens ice washing is actually Bosch's.
As for the serious Siemens, people are not in the home appliance business now.
In recent years, Bosch has been increasing its focus on home appliances, while Siemens has been deeply involved in electrical engineering.
"I've heard of this, but don't you think it's an IQ tax?" Although Pei Qianlong is not involved in the automotive industry, a bunch of Chinese companies have been waving banknotes to buy Bosch recently, and this gimmick is as big as it gets.
Even if it is just one Bosch business, it is enough to make headlines.
Regardless of whether it has any use value after receiving it, it will also receive dividends in terms of stock price and Zheng Ce's support.
"If it is just the acquisition of traditional motor projects, there is indeed a suspicion of IQ tax, as far as I know, our Huaxia enterprises are talking with Bosch, the transaction includes start-stop motors, one-key start-stop, 48V motors and a new start-stop motor for a compact car and other traditional motor business, this thing is not useful, but I am also talking about their new energy vehicle motor sector." Liu Xia was not in a hurry, and had already recovered from extreme nervousness.
This aspect is what he does best, and in his own field, he doesn't have any need to be nervous.
Of course, Pei Qianlong can grasp the key points at once, and he is obviously not a master who is easy to fool.
In the first round, the two had a feeling of sympathy for each other.
"Bosch is unlikely to sell it, now that new energy vehicles are so hot, I think they will sell the traditional motor business and use the money from the sale to increase the motor sector of new energy vehicles." Sympathetic to each other, Pei Qianlong had no intention of releasing the water at all.
"In 2015 and 2016, this SG Holding, which is the division of Bosch engines and generators, with revenues of 1.49 billion euros and 867 million euros respectively, and net profits of -47.99 million euros and -52.76 million euros respectively, they have nearly 7,000 employees in 16 regions in 14 countries, and the market share is constantly being compressed.
"You know a lot of detail, you are a researcher of autonomous driving, what are you doing so much research?" Pei Qianlong was a little speechless, do you know if you compare me to me.
There is no one who can make me unable to open my mouth in front of me.
"One of my classmates at MIT is an executive at SG Holding, and as long as I promise that he will be in charge of SG Holding after the acquisition, he will definitely help us negotiate a good price." Liu Xia smiled a little embarrassedly.
"Inside the temple." Pei Qianlong almost applauded.
Yes, that's the smell.
When you negotiate, you know all the bottom lines of the opponent, and there are people to help you blow the wind in your ears, how can there be a business that cannot be negotiated.
Shi Shanshan pretended not to hear.
If serious, the two men in front of her are plotting an economic crime.
Chen Xiaoman didn't understand, she just felt that these two people were very powerful.
"If you want both traditional motors and new energy motors, how much will it cost?" Pei Qianlong asked.
Bosch motors are definitely a good thing.
The Bosch Group is one of the foundations of the German automotive industry, with a 17 percent share of the global market in the electric motors business and a major customer in the automotive industry.
Although it is a loss, the emaciated camel is bigger than the horse, and the accumulation of technology is there.
"If you calculate according to the projects they talked about with our Huaxia, their low price is 500 million euros, if we buy SG Holding in its entirety, the low price that my friend revealed to me is 1.2 billion euros, of course, they will definitely put the price to 1.5 billion or even 2 billion, just ignore them, few have the courage to eat such a money-losing goods that lose tens of millions of euros every year." Liu Xia is now a traitor in hand, and I have it in the world.
The current exchange rate between the euro and the Chinese dollar is 7.29.
Even if it is won at the lowest price, it will cost 8.8 billion.
8.8 billion to buy a money-losing goods, let alone domestic, no one in the entire global capital market has such courage.
Last year, only three of our domestic car companies had a net profit of more than 8.8 billion.
"I think it's okay, Mr. Shi, Mr. Chen, what do you think?" Pei Qianlong was quite interested in this deal.
It's time for us to buy some good things from abroad and come back to play around.
"I have no opinion, but I must remind you that your classmate, who can sell the company he serves today, may not be able to sell us tomorrow." In addition to reservations about their methods, Shi Shanshan is not opposed to this acquisition plan.
"Hey, hey, hey." Liu Xia smiled embarrassedly.
"Haha, yes, yes." Pei Qianlong praised.
Shi Shanshan closed her eyes, who is this cold.
"If it's 8.8 billion, there's 21.2 billion left." Chen Xiaoman crossed his fingers to settle the account, unaware that around her, a scene of unloading and killing a donkey was about to be staged.
In fact, the billions allocated by the autonomous driving project team before were not spent.
"In terms of batteries, there are two options, one is to inject capital into CATL, in the battery area, we Huaxia is not much behind, this can not be acquired, only capital injection." Liu Xia said.
"What about the other option?" Father-in-law Pei is becoming more and more satisfied with Liu Xia.
"Judging from last year's new energy power battery market, leading enterprises are concentrated in Huaxia, Neon, and Bangbang, corresponding to Huaxia, Diabi, Ningde Times; LG, Samsung, and SK; Neon Panasonic with AESC. The second option is Neon's AESC. ”
"AESC, it's Nissan, right?" Pei Gonggong asked.
7.29 RMB/EUR