Chapter 439: Settle in Nanshan
The leaders here in Nanshan Science and Technology Park were a little shocked when they heard that Baichuan Electric wanted a thousand acres of land.
After all, for Pengcheng, which has just developed, a hundred acres of factory buildings is considered a large enterprise.
How do you know that this neon electrical appliance brand is thousands of acres as soon as it opens its mouth, can it not surprise everyone?
But the shock is not over, the CEO of Shirakawa Electric is ready to invest $30 million to build a factory in the science and technology park.
30 million US dollars, not 30 million yuan.
At the beginning of the establishment of Nanshan Science and Technology Park last year, a total of 20 million yuan was invested.
It's just that the government and the Zhongke Academy of Sciences have come up with so much money, otherwise Pengcheng would really not dare to engage in such a big battle here.
But now this young man casually moves his mouth for 30 million US dollars, which is about 103.5 million yuan at the current exchange rate.
This investment is more than five times the capital of the establishment of Nanshan Science and Technology Park, and it is only the first phase of the project.
Liang Xiang shuddered his lips twice, he was extremely eager for this investment, but he didn't dare to make this decision.
His eyes were slightly back, and a leader standing beside him pondered calmly for two seconds before slowly speaking.
"Mr. Shirakawa, we are very pleased to welcome Shirakawa Electric to carry out a series of investment activities in the Science and Technology Park.
But because of the policy, as well as considering the laws and regulations here in China that are different from neon.
We propose that both parties jointly invest in the establishment of a joint venture to give full play to each other's advantages and deepen the domestic and overseas markets. ”
$30 million, who can't be tempted?
Now that the whole of China is short of foreign exchange, it is said that some secrecy things are being considered for sale.
So in the face of the temptation of $30 million, it is impossible not to be tempted.
However, there are some things that need to be clarified in advance, which is a matter of principle and whether we can cooperate smoothly in the future.
Listening to the words of the leader surnamed Xie, Bai Chuanfeng sighed slightly in his heart.
Sure enough, this is also a Chinese characteristic.
In order to protect the local market and the development of local enterprises, but also to learn technology, foreign investment in China at this time is basically carried out in the form of joint ventures.
This approach is applicable in most sectors, from automotive to raw materials.
The electronic products handled by Shirakawa Electric are naturally also in this range.
As for purely foreign-funded enterprises, they are extremely rare in China at this time. If you want to see large-scale WFOEs, you may have to wait until after the 90s.
However, although it can only be invested in the form of joint ventures at present, Shirakawa Electric cannot give up this market.
It's still the same sentence, enter the scene early, eat meat early.
After a few years, China will change a lot, and if you come in and carve up the market, it will be too late.
And with the appreciation of the yen, the outflow of neon's local manufacturing is inevitable.
If you want to keep your profits, you can only do everything you can to reduce costs.
Otherwise, ten years later, it is difficult to say whether Shirakawa Electric can maintain its position as a first-line brand.
Shirakawa Kaede thought for a moment for two seconds, then turned his head to confirm.
"Mr. Xie, if the joint venture is adopted, how will the shares be distributed?"
"According to the usual practice of Sino-foreign joint ventures, the Chinese side accounts for at least 51%, and the foreign capital holds a maximum of 49% of the shares."
This is a very typical joint venture ratio, and it was even written into textbooks at one point later.
Since then, most of the automobile companies in China have also followed this joint venture ratio, but the newly established Shanghai Automobile Volkswagen in 84 has a 50% stake on both sides due to special historical reasons.
If this distribution method is followed, then Shirakawa Electric is 49%?
Shirakawa Kaede frowned slightly, which made him hesitate a little. After all, it is a matter of the right to speak in the future, and he has to be cautious.
Whether it is technology or business strategy, Shirakawa Electric has its own system.
To be honest, Huaxia may have to rely more on Baichuan Electric here.
But the shares are upside down, which makes him a little worried. If there is a disagreement between the two sides in the future, how can it be resolved?
As if seeing his hesitation, the leader surnamed Xie specially added.
"Of course, considering Shirakawa Electric's products, they are mainly consumer entertainment electronic products for the general public.
With special approval from the higher authorities, you can retain 55% of the total share capital and the remaining 45% from the local institution. ”
Shirakawa Electric's products are not as sensitive as automobiles and will not involve the technical layout of the entire industrial industry chain.
In addition, coupled with the careful internal screening, it was confirmed that the founder of Shirakawa Electric was a friendly person to China.
Therefore, the proportion of joint ventures has been specially relaxed, and the strategy of local enterprises dominating is no longer maintained.
This is already a big concession in policy, and it is not easy in the current era.
Bai Chuanfeng also understood this, so he also nodded his gratitude for the conditions offered by the leader surnamed Xie.
"In principle, Shirakawa Electric agrees to this cooperation, but the details still need to be discussed internally before giving a specific plan."
"Of course, we look forward to the success of this cooperation with the greatest sincerity." The leader surnamed Xie nodded in approval.
Shirakawa Electric needs to discuss internally, and Huaxia also needs to report the relevant situation to the superiors here.
After all, it is still in the stage of crossing the river by feeling the stones, and all decisions need to be discussed again and again.
However, several leaders present have a good idea in their hearts, and if there is no accident, this joint venture will definitely agree.
Not to mention that the other party took out all the US dollars that were in short supply in China at this time, and the "Regulations on Encouraging Foreign Investment" will also be promulgated in half a year.
The cooperation that Shirakawa Electric sent to the door this time is not a proper model.
Therefore, it is reasonable for Baichuan Electric to settle in Pengcheng, which is the situation that both parties are most happy to see.
"By the way, if the cooperation is reached, Shirakawa Electric hopes to put into production before the end of the year, can this goal be achieved?"
The continuous rise in the yen has also put a lot of pressure on Shirakawa Electric, so it is not too long to transfer production capacity.
Hearing Shirakawa Kaede's request, Liang Xiang slapped his chest. "Don't talk about the end of the year, half a year! October! The factory must be built in place! ”
Pengcheng may be a cut behind at this time than technology, but he is definitely worthy of anyone compared to speed.
The Chinese people are the most industrious nation in the world. The slogan of Pengcheng's speed is not shouted in vain.
"Good! Mr. Liang said this, and the contemptible person was even more confident in this cooperation. ”
Tsk, this kind of momentum to do things, Shirakawa Kaede is also deeply affected.
"The total investment of $30 million remains unchanged, but due to the progress of the project, the investment will be gradually implemented over the next three years.
In addition, in consideration of the fact that some equipment needs to be shipped from overseas, Shirakawa Electric will invest 10 million US dollars in the procurement of special equipment in the early stage.
Your capital contribution can be deducted from the cost of labor, materials and other expenses for plant construction. ”
The most important thing that Shirakawa Kaede lacks now is the dollar, and he is full of confidence when he speaks.
He knew that his hometown was short of foreign exchange at this time, so Baichuan Electric was responsible for the external procurement.
The investors here in Huaxia only need to be responsible for the construction of the plant and the procurement of domestic alternative equipment.
Although the money is not less, it has been a great help to them.
Moreover, after the joint venture between the two parties, Huaxia can also learn the advanced technology of Shirakawa Electric here.
Including management experience, the establishment of quality system, and the training of qualified workers, etc., this is an intangible wealth for Huaxia.
After the establishment of the factory, it is natural to use local products to replace the procurement of raw materials and some parts with local products.
This will be a great driving force for the economy of the entire Pengcheng and even the improvement of part of the industrial chain.
At this time, Huaxia was hungry for all technology and advanced management experience.
The leader surnamed Xie tightly held Bai Chuanfeng's hand and shook it vigorously, "Bai Chuan Electric is a good friend of the Chinese people!" ”
The news from above is indeed true, this neon friend does have a special affection for Huaxia.
The two sides were polite to each other, and this time Shirakawa Feng was invited to Huaxia to complete the first stop of the work.
In the next few days, he will also head north, passing through Shanghai, Sioux City, Jingu, and finally Yanjing.
And this time with Pengcheng here, Shirakawa Electric mainly wants to put the design and research and development of radios, walkmans and other products here.
Cultivating the local market is partly a factor, but it can also be used as a springboard to expand into the Southeast Asian market.
In addition, Shirakawa Electric's investment in Huaxia is not limited to Pengcheng, and more factories will be built here in the future.
CD factories, optical drive factories, LCD TV factories, and even a notebook factory that Shirakawa Electric is developing are all possible.
They would be split into different companies and pop up all over the country.
Making the most of China's resources here is partly the reason, but risk-sharing is another.
After all, it is not as good as neon in China, and here Shirakawa Electric is still very immature, and the connections, resources, and relationship networks are not the same.
Building step by step, building by land, that is a necessary measure.
However, it may have to wait a little longer in terms of time, and when the government agencies support the establishment of WFOEs, Shirakawa Kaede will consider entering the Chinese market on a large scale.
Even if it is his first hometown, he still has his own concerns during this period.
The joint venture factory now settled in Pengcheng is at most the first trial.
He hopes that one day, the headquarters of Shirakawa (Huaxia) will also be established on this land.
Before coming to Huaxia, Shirakawa Kaede had actually been to Yizhou once.
Relatively speaking, the atmosphere there is a little more open, so Shirakawa Electric has also set up its own branch there.
The main purpose is to establish a foundry, which is specially used to produce popular overseas products such as radio listening, CD players, and game consoles.
Of course, its scale is not too large, it can only be regarded as an excess.
When the neon bubble has passed in recent years, Huaxia has become more open, and it is the best time for Shirakawa Electric to collectively relocate its production capacity.
Therefore, Shirakawa Kaede's main task this year is to investigate all over the overseas and make preliminary plans for the internationalization route of Shirakawa Electric in the future.
In the next two months, he will probably spend the next two months in Huaxia.
And unlike the laid-back state of vacation, non-stop running on the road may be the norm.
Tsk, but can you call your senior sister over to accompany you?
It seems to be a little lonely to be alone.
(End of chapter)