My Age of Investment

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He Jiji is already over sixty years old, and Shenyang is younger, but almost fifty years old.

Both of them are experienced car people, but it is still difficult to understand Xia Jingxing's description of autonomous driving, smart car systems and other "black technologies from unknown years in the future".

Seeing this, Xia Jingxing stopped showing off and honestly chatted with the two about Wuling's current situation.

"Although Wuling has achieved a leading position in the mini-car market, this market is still too restrictive.

If we want to truly become an influential car company and revitalize the national automobile industry, we must enter the sedan, SUV and other vehicle markets. "

Shen Yang looked at Xia Jingxing, hesitated for a moment, remembered Governor Ma's repeated warnings, and decided to give Xia Jingxing a thorough explanation.

"Mr. Xia, Wuling plans to enter the car market next, but we don't have the technology.

GM promised to transfer the A0-class mini car platform Le Chi and the A-class car platform Buick Excelle to us in exchange for the transfer of 15.9% of SAIC-GM-Wuling's equity held by Liucheng Wuling. "

Xia Jingxing's eyes suddenly froze and he continued to listen without saying a word.

“Although Wuling’s profit from a single car is not high, the cumulative effect of small amounts makes GM quite envious.

Moreover, Wuling relies on the Chinese automobile market, which is one of the few automobile markets in the world that has continued to maintain positive growth despite the financial crisis.

General Motors is now in a bankruptcy crisis and is even more dependent on the Chinese auto market.

I'm afraid they won't let go of Wuling's shares easily! You have to be mentally prepared. "

Xia Jingxing smiled slightly and remembered that the Baojun brand was built on the Buick Excelle platform transferred by General Motors.

Although Wuling is very good in the mini car market, its core technology, like most Chinese car companies today, still relies heavily on technology transfer from foreign companies.

In order for Wuling to successfully enter the car market in the previous life, Guizhou and Liucheng once agreed to transfer all 15.9% of their shares to General Motors, and were mentally prepared to transfer the Wuling Automobile brand to Modu Automobile for free.

Again, starting from the overall situation, more emphasis is placed on industrial influence and the scale of the industrial economy that can be driven.

In the end, because General Motors declared bankruptcy protection, the acquisition was strongly resisted by Wuling's internal employees - What's the point of selling a well-run company to a bankrupt foreign company?

Some employees even acted more aggressively, reporting the situation to relevant authorities on the grounds that government-owned assets had been sold at a serious discount, hoping to halt the transaction.

It can be seen that the people of Liucheng deeply love the Wuling brand.

Unfortunately, in the end, Liucheng-Wuling was forced to transfer 10% of its shares to General Motors, retaining only a symbolic 5.9% of the company's shares.

The attitude shown by Modu Auto in this acquisition is also a bit chilling.

In order to continue to control Wuling, they were unwilling to transfer even a decimal point of the 50.1% equity they obtained from the Guangxi Provincial Government-owned Assets Supervision and Administration Commission for free.

Liucheng Wuling naturally became the target of sacrifice, shouldering everything for the sake of industrial and economic growth.

Thinking of this, Xia Jingxing replied: "I understand, I will talk to GM. The key now is your attitude."

He Shiji said with a smile: "As the representative of Liucheng Wuling, I naturally hope that Mr. Xia can invest more in our Liucheng.

But what I said doesn’t count. This matter requires higher-level decision-making. "

Shenyang also followed up and said: "As long as Mr. Xia can bring better development to SAIC-GM-Wuling, I personally support your taking over."

Xia Jingxing nodded, "Both of you are the great contributors to Wuling's continuous efforts to set new records for domestically produced cars. I personally admire you deeply.

If Fuxing Industrial Group can successfully acquire SAIC-GM-Wuling, we will need your support in the follow-up work. "

"It's our responsibility! As long as Mr. Xia doesn't dislike us for being useless."

Xia Jingxing waved his hand towards He Shiji who was speaking, "I'm serious, Wuling's success today is inseparable from the open-mindedness and generosity of the local government, not to mention the hard work of Wuling employees.

A mature team with rich market experience and familiarity with automobile production and manufacturing is what Fuxing Automobile urgently needs right now.

Strictly speaking, we are actually laymen in the automobile industry, with no experience in making cars. We very much need veterans to check things for us. "

Gucai

Shen Yang and He Shiji both smiled, feeling that Xia Jingxing was too modest.

They didn't believe that Fuxing Auto was a layman. Although the car hadn't actually been built yet, it had been recruiting a lot of troops in the past year and poached a large number of elite soldiers from major automobile manufacturers.

It can be said that Fuxing Automobile was born with a golden key. The most indispensable thing in the company is talents.

…………

…………

In the next few days, Xia Jingxing did not visit Governor Ma or inspect Wuling. Instead, he took Liu Xiaoduo on a sightseeing trip and visited all the famous tourist cities such as Guicheng and Zhucheng.

Xia Jingxing was having a good time himself, but what he didn't know was that the senior officials of Guizhou Province had held several meetings in a row, and the discussions were very intense.

The main discussion was about one issue: whether to sell the Wuling shares held to Xia Jingxing.

Zhengfang, represented by Governor Ma, thought it should be sold, so he planted a plane tree to attract the phoenix.

As long as Xia Jingxing is deeply trapped by Liucheng, there is no need to worry about the automobile industry not being revitalized.

The other side believes that although Fuxing Industrial Group is very famous, Fuxing Automobile is still in the start-up stage after all. If they cooperate with it rashly before they have even produced formal automobile products, they might endanger Liucheng's automobile industry, which has reached an output value of 100 billion. Totally ruined.

This kind of worry is also normal. Who knows that Xia Jingxing is a newbie in automobiles.

If Xia Jingxing were Asia's richest man making cars, probably no one would object to his acquisition of Wuling.

In the end, Governor Ma showed his courage and passed the draft despite all objections. He felt that Xia Jingxing should be given a chance, as well as Gui Sheng and Liucheng.

Then, after receiving the phone call, Xia Jingxing quickly left Weizhou Island and returned to Liucheng.

In the government building in Liucheng, Xia Jingxing led his team to start multiple rounds of negotiations with Governor Ma and heads of various departments.

Guangxi Province agreed to sell its Wuling shares, but also put forward several additional requirements:

First, the Wuling brand will continue to be retained and used;

Second, Wuling’s R\u0026D center and some production plants will continue to remain in Liucheng;

Third, signed an automobile investment project worth RMB 10 billion with the Liucheng government;

…

Most of these requests were very simple, and the simple Xia Jingxing did not want to bargain.

Like Modu, they were immediately slapped with an investment contract worth 10 billion US dollars, while Liucheng only requested an investment of 10 billion yuan for the construction of Wuling's car project.

The main disagreement between the two parties in the negotiations is still on the new energy vehicle project.

Xia Jingxing hopes that Liucheng can show courage and vigorously promote the implementation of the new energy vehicle industry chain in Liucheng, and at the same time provide support and guidance at the policy level, and work with Fuxing Automobile Group to build Liucheng into a benchmark city for new energy vehicles like California.

This is not a random request made by Xia Jingxing, but Liucheng did this in his previous life and succeeded. It is the city with the highest penetration rate of new energy vehicles in the country, higher than the first-tier cities, and has also created the famous "Liucheng Model".

This is also related to the fact that the automobile industry represented by Wuling is a pillar industry in Liucheng, accounting for half of the city's total industrial output value.

But at this moment, Wuling Motors has not yet condensed its spirit, and new energy vehicles have only just sprouted.

Liucheng and the Guangxi provincial government are very worried about whether an overly aggressive new energy vehicle development strategy will drag the increasingly prosperous business of fuel vehicles and its industry chain into an abyss.

This kind of worry is not unreasonable. After all, it took decades of hard work to save the current family fortune. If you are not careful, it will be robbed by other brother cities like wolves and tigers.

It’s not that Governor Ma doesn’t support the development of the new energy vehicle industry. He proposed a compromise plan. First, develop Wuling’s fuel vehicle business. When Fuxing Auto goes on sale and delivers more than 10,000 vehicles, Liucheng and Wuling will Then start the transformation.

This plan is not to say that it is deliberately making things difficult for Xia Jingxing or setting obstacles to cooperation, but that Wuling and the city are currently inseparable from the fuel vehicle business.

Xia Jingxing thought about it again and again, taking into account that it would take time to popularize new energy, and felt that it was generally acceptable, so he happily reached a preliminary investment intention with the Liucheng and Guangxi provincial governments.

Next, we only need to secure two more companies, Modu Automobile and General Motors, and SAIC-GM-Wuling can become Fuxing-Wuling, a subsidiary of Fuxing Automobile Group.

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