Material Empire: Start Cans For Airplanes
Chapter 176: The Proud Morgan
JPMorgan and Goldman Sachs are two completely different investment banks.
Marcus Sr. felt that his health was deteriorating, so he brought his two sons into the core management of Goldman Sachs Group.
Henry, who is the president of the group, wants to show the side of a qualified president in front of his father.
Therefore, after learning that Su Hao had the intention of introducing investment, he immediately asked for information.
And personally rushed over to participate in the negotiations.
The boss personally participates in the negotiation and has a huge room for bargaining, and can adjust the originally prepared negotiation plan in time.
So, things moved very fast.
The two bosses sat together to discuss the general framework, and then signed the agreement.
For the rest, just leave it to the professional negotiating team to grind their teeth. Anyway, they are all petty profits.
There is no need to waste the precious time of the bosses in it.
Moreover, it does not delay the speed of enterprise formation and production, which is extremely efficient.
Morgan Investment Bank, but it is the head of professional managers.
Only when it is confirmed that the scale of the project is worthy of the boss's hand, will the information be conveyed to the board of directors.
Then, it is expert research and judgment and market prediction.
After a series of pre-judgment materials are completed, the professional manager team can hand in a reasonable answer to the boss.
However, time has been missed.
Su Hao has already missed the time when he was most short of money, why should he sell the hen that lays the golden eggs?
According to the suggestion of the professional manager team, Kyle made a gesture and waited for Su Hao to come to ask for investment.
Everyone understands: rushing forward is not a business.
The party that takes the initiative to show weakness must give up part of the benefits to the strong party.
However, eggs.
The more you wait, the more flustered you become.
The knife that was about to be slaughtered was sharpened brightly.
Weihua Group, however, did not seem to be in a hurry.
Instead, it is advancing the construction of Qingcheng LCD panel production base in an orderly manner, posing as if the construction of the first phase of the project will be completed before the end of the year.
For a while, there was no sign of a lack of money.
That's why I'm in a hurry.
I made an appointment with Luo Xiaoyan on the phone, and came to visit: "Mr. Su, how are you doing recently? I heard that Huawei Group, a subsidiary of your group, has recently received an order of nearly 50 billion yuan. I am really happy to congratulate you!"
If it wasn't for confirming the news, even if Kyle was killed, he wouldn't come to visit.
Too timid.
"For the Morgan Group, a mere 50 billion yuan is just a small project, so why should you care?"
Su Hao was thinking about how to reject Morgan's investment.
I am also happy to play Tai Chi with each other.
Standing up, motioning for Luo Xiaoyan to make tea: "Huawei Group's orders sound huge, but they don't actually make much profit.
"Most of the electronic components are imported, leaving out the huge profit margins."
At present, Warwick Group has a unified caliber to the outside world, and most of its profits are occupied by imported electronic components.
Prepare for the next step to promote the localization of electronic components.
Su Hao also implemented this strategy with his own body, and refused to reveal the slightest bit about the real profit.
Kyle leaned slightly, and sat down after asking Su Hao to take a seat: "The labor cost in your country is low, so it's not a problem to earn more than 20% of the profit. Generally speaking, there are still tens of billions of dollars of profit to be made."
Are you showing off your professional theory?
Sensing Kyle's small thoughts, Su Hao snorted: Brother's profit margin is more than 70%, can I tell you?
"Then, Kyle, you took the initiative to come to the door today. Is there good news from your group?"
Although no preliminary cooperation intention has been reached.
Morgan Investment Bank actually sent a negotiating team to discuss the investment, without any excuses, and sending them back would damage the corporate image of Weihua Group.
Su Hao took the initiative to attack, intending to test the opponent's bottom line.
See if you can find a plausible excuse to sabotage the collaboration.
As for monopoly matters, if you do it yourself, you will understand everything.
Kyle formally took out the materials from the briefcase and handed them to Su Hao: "Mr. Su, I'm sorry to tell you that it is very difficult to achieve the monopoly operation of the entire LCD panel industry at present."
"After all, Dongying already has related technologies and patents."
"Our idea of achieving a comprehensive monopoly in the field of LCD panels is difficult to achieve.
"Mr. Morgan means to give up the monopoly on low-end TN panels, and to invest in and develop the monopoly business of high-end products such as VA panels."
"The smaller the market, the higher the success rate of monopoly."
"In the long run, TN panels are a wide range of LCD panel products that cannot be replaced within decades, and the market potential is huge."
Therefore, there will be many consortiums investing in this field. "
"There will be fierce competition in the future, and it is not suitable for planning for monopoly operations."
Kyle is right on point.
Extract the data listed in detail in the materials, trying to convince Su Hao in the form of verbal expression.
"Haha, if it's just a VA panel, why would I want Morgan Group to join?"
Su Hao put down the materials in his hand, raised his legs and waved Fang Qiu: "N I have technology, funds, a complete industrial chain supply, and cheap labor.
"Even if the goal of monopoly operation cannot be achieved, it can still occupy the vast majority of the market share."
"What's more, I was the only one who had the production patent for high-end products such as VA panels."
"Please tell Mr. Morgan that Weihua Holding Group will definitely not accept such investment intentions that are not sincere at all!"
Morgan's little abacus jingled.
Investing in VA panels, which already has a first-mover advantage, can make a lot of money even if it cannot achieve the expected goal of monopoly sex operations.
No risk at all.
All that's left is to throw out a sum of money and take profits.
Su Hao naturally didn't want to work for others for nothing.
"Mr. Su, we are Morgan, aren't you thinking about it?" Kyle drank tea to cover up his surprise.
In desperation, he had no choice but to use Morgan's golden signature to suppress Su Hao.
He hasn't seen (got Zhao) an entrepreneur who flatly rejects Morgan's investment-do you know what Morgan stands for?
That is the god of the American stock market!
He is also the god of investment.
The well-known General Electric and Morgan are the largest shareholders.
It is not difficult to destroy a business that Morgan cannot invest in.
The business of promoting alternating current was not General Electric at first, but it eventually became the industry with the largest profit margin for General Electric.
Countless unspeakable things happened in the middle.
Facing such a giant, Kyle really couldn't think of Su Hao's courage to refuse.
"Mr. Kyle, please!"
Su Hao picked up the teacup: "I only care about my own interests! No matter who the other party is, as long as there is no great sincerity to invest, they are just one of countless investment banks."
"Like countless professional managers, it is my choice to hire that person!"
show off!
Since you're pissed off, I'll let you piss you off!.
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