Chapter 99: The Giant's Counterattack
Don't underestimate the strength of international component giants.
In many cases, they are actually no worse than the average car company.
For example, Bosch and Magna, as long as they want, they can switch careers to make cars at any time.
As the world's largest bearing manufacturer, SKF is a well-deserved giant in the field of bearings, although it cannot compete with Bosch and Magna in terms of turnover.
Literally, a bearing is a part that supports a "shaft" that rotates in a machine.
In machines, bearings support the shafts, which are equipped with wheels, gears, turbines, rotors, and other parts, and help the shafts rotate smoothly.
That's why it's called a bearing.
This thing, which appeared thousands of years ago, is not a new technology.
Since many rotating "shafts" are used in various machines, bearings have become indispensable parts, and they are called "food for the machinery industry".
This part may seem inconspicuous, but it's actually very important.
SKF's ability to be the world's first in the bearing industry should not be underestimated in terms of technology or other aspects.
Their company's reputation in Huaxia is actually very loud.
Ordinary people may not pay attention, but there are few people in the machinery industry who don't know about SKF.
Now the emergence of wheel bearings from Nanshan Technology Co., Ltd. threatens SKF.
The other party will naturally react in various ways.
"Golmo, you also heard the instructions from the headquarters just now."
"This Nanshan Technology Co., Ltd. is different from the general Chinese enterprises, and the experts in the headquarters have not figured out what kind of heat treatment method their bearing components have adopted, which can greatly improve the performance of the material."
"If SKF could master this heat treatment technology, combined with our high-quality specialty steels, we would be able to take the quality of our existing bearings to the next level."
"This will have a very big impact on the development of the group in the next ten years."
Ovid, President of SKF Asia Pacific and General Manager of Huaxia Branch, together with Sales Director Gormore and others, just finished the conference call with the headquarters and immediately began to discuss how to implement the spirit of the meeting.
For these Nordics, it is not a matter of how leisurely they usually go to work, and it is not a matter of arriving late and leaving early.
But if you drop the chain at a critical moment, it will be a matter of minutes to fire your squid.
Ovid and Gormore clearly shared this realization.
"This result is really surprising and incredible."
"Of course, now is not the time to talk about this."
"It's just that this Nanshan Technology Co., Ltd. is a private enterprise in Huaxia, or belongs to the kind of private enterprise that is operating very well, and we want to get heat treatment technology from the other party, I'm afraid it's not so easy."
Holm has been in China for five or six years.
He knew very well that China's state-owned enterprises were the best to deal with.
They have a lot of conditions to convince each other.
But for the previous private enterprise, there are a lot fewer tricks available.
Of course, it's just that there are fewer tricks, and it's not that there are no tricks.
"Holm, I'm going to correct your statement."
"The requirement of the headquarters is not only to obtain Nanshan's heat treatment technology, but also to have no Nanshan brand bearings in the world."
Ovid said in a cold voice.
"Then the best way is to acquire Nanshan Technology Co., Ltd., and then both of these goals can be easily achieved."
"But the other party is now a global supplier of GM, Volkswagen, and Ford, and it also has parts matching relationships with many OEMs in China, and the business situation is said to be very good."
"If we want to buy, the other party will definitely not want to sell."
"Even if it is sold, it will be a lion with its mouth wide open, and it will open a price that we have no way to accept."
During this time, Golmo did not arrange for anyone to investigate the situation in Nanshan.
He even got the financial statements that Nanshan handed over to the tax bureau last year.
Although most companies have two sets of financial statements.
One set is used to correspond to the tax bureau, and the other is for their own internal use.
However, judging from the current financial statements, Golmo no longer feels the possibility of any overall acquisition of Nanshan.
Of course, the headquarters is willing to spend money like crazy, that's another story.
"Nanshan Technology Co., Ltd. not only produces wheel bearings, if we acquire, it is only for bearing-related business, and the rest can be retained."
"Although their bearing business has improved, but has not yet formed a scale, talk to them, it should not be without opportunities."
"Whatever the method, we must get the job done."
Ovid was well aware that the task assigned by the headquarters had to be completed.
All that needs to be discussed now is how to get it done.
If the overall acquisition is not possible, then the individual acquisition will be made.
"Ovid, why don't we talk to them about the acquisition first?"
Although Gormo thinks it's no fun, but the boss has spoken, so he naturally has to do it.
"Is there a better way for anyone else?"
"Acquisition is a method that everyone can think of."
"Let's not talk about whether it can be successful or not, this is definitely not the best solution."
"Don't Chinese people like to divide their strategies, middle strategies, and lower strategies?"
"Is there anyone who can make something more constructive?"
As soon as Ovid said this, someone immediately became ready to move.
This is a good time to make meritorious contributions.
"I have a few ideas, but I may need to use some of the company's resources."
Xue Wenqiang was keenly aware that his opportunity had come.
The President of Asia Pacific is basically the highest-level person in the SKF Group that he has access to.
If you want to break through the ceiling of the workplace of foreign companies, it depends on today's performance.
After all, to deal with a Chinese company, it is obviously the Chinese people who know best how to start.
Although the acquisition of this method is not impossible, in Xue Wenqiang's view, it must be the next policy.
"Xue, what resources are needed, I'll talk about it later."
"You just have to speak your mind boldly."
"If your plan is realized, then the company will definitely not disadvantage the good employees."
Ovid looked at Xue Wenqiang with an encouraging look.
To deal with the Chinese people, it is necessary to use Chinese talents.
Ovid is also very clear about this.
"The acquisition of Nanshan Technology Co., Ltd. just mentioned is the next step."
The words are not shocking, and they are endless.
In order to attract attention and get the opportunity to be promoted and raised, Xue Wenqiang is ready to fight.
"Even if it is only to acquire Nanshan's bearing-related business, it is also a lower policy."
"We totally have a better strategy to work with."
Sure enough, Xue Wenqiang successfully attracted the attention of Ovid and Golmo.
Not only were they not angry, but they looked at Xue Wenqiang expectantly, wanting to hear what good strategies he could come up with.