My Age of Investment

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Xia Jingxing left Liucheng with full harvest and returned to the Magic City after a long absence.

At this time, good news also came from Chen Hong, who successfully acquired Pengcheng Development Bank.

Xia Jingxing did not have the energy to take care of the affairs of Vision Financial Holdings for the time being, so he entrusted Chen Hong with the establishment of Vision Financial Holdings (China) Group and the integration of Pengcheng Development Bank.

He devoted himself wholeheartedly to the acquisition of SAIC-GM-Wuling.

As soon as he returned to the Magic City, he went to visit Magistrate Han of the Magic City without stopping.

Knowing that Xia Jingxing wanted to acquire the 50.1% stake in SAIC-GM-Wuling held by Modu Automobile, Prefect Han felt quite embarrassed.

After all, SAIC-GM-Wuling is developing well, and the sales of the Wuling brand have been merged into Modu Auto. At least it looks quite impressive. It firmly occupies the throne of China's largest automobile group. This is an honor that belongs to Modu .

Without SAIC-GM-Wuling and relying solely on the joint ventures of SAIC-Volkswagen and SAIC-GM, Modou Automobile would give up its sales throne to FAW Group.

In addition, as a large-scale government-owned enterprise in the city with an annual revenue of over 100 billion yuan, the Modu Automobile Group ranks among the most important among the government-owned enterprises in the city.

Therefore, Magistrate Han felt that it was quite difficult. It was not easy for him to do ideological work on Modu Automobile.

However, Prefect Han couldn't say it outright if he rejected Xia Jingxing's words.

Because Xia Jingxing is now the largest investor in Magic City, if the other party returns to the capital in anger, Beijing Automobile will definitely not mind helping him obtain a car production qualification plate.

Seeing Magistrate Han's embarrassment and hesitation, Xia Jingxing added more money.

“We plan to move Fuxing Auto’s R\u0026D and production headquarters to Magic City to fill the impact of Wuling’s return to Liucheng.

At the same time, Fuxing Automobile has promised to invest 20 billion yuan in Modu within the next five years for the research and development of new energy vehicles and the construction of production plants. "

Xia Jingxing looked at Magistrate Han with a smile. This was the solution he came up with when he visited Liucheng these days.

Like Fuxing Mobile, Fuxing Auto Group has decided to launch a multi-brand strategy to create multiple new energy vehicle brands covering different market positionings of high, medium and low.

So leaving Wuling in Liucheng and moving Fuxing Auto to Shanghai can just meet the needs of both cities.

Newly increased investment means expanding employment and tax revenue, and will also boost urban GDP growth and drive the development of an entire industrial chain. It has many benefits, and he believes no official in power can refuse it.

Sure enough, after hearing that Xia Jingxing was going to invest money in Da Modu and develop the emerging industry of new energy vehicles, Prefect Han was a little tempted, and the psychological balance tilted towards Xia Jingxing.

There were cases of cooperation between Fuxing Semiconductor and Huaxin International. Prefect Han still trusted Xia Jingxing and recognized the latter's krypton gold strength.

"The new energy industry... seems to have no foundation in Magic City. Can it be established on a certain scale in five years?"

Xia Jingxing felt that there was something in what Governor Han said? Do you think RMB 20 billion is too little investment?

Compared with the tens of billions of dollars in orders in the semiconductor industry, it does seem to be a little less.

But haven’t the new car-making forces mentioned it? 20 billion investment is the threshold for car manufacturing.

And when I published this sentence, it was already several years later. The current 20 billion has not experienced a large-scale monetary easing environment, so why should it last longer?

Thinking of this, Xia Jingxing immediately replied tactfully: "I have experience in building Tesla cars. It took me six years from the establishment of the company to the current sales of tens of thousands. It can't be called a successful start-up now. I still need to continue to work hard." .

Fuxing Automobile's five-year investment of 20 billion is actually just laying a foundation. After the industry gets on the right track, it will need to further increase investment.

Governor Han, your reminder makes sense. I think the new energy industry chain that the Fuxing Industrial Fund will invest in next should move closer to Shanghai and give full play to the advantages of industrial clusters. "

Magistrate Han smiled, "Young man, you are so smart, it's hard not to admire you!"

This is what he meant. Xia Jingxing, the richest man in Asia, since he wants to build cars and engage in new energy, why should he strive for the goal of a leading company?

If a leading new energy vehicle company settles in Shanghai, it can directly and indirectly drive countless economic growth, which should be much better than keeping SAIC-GM-Wuling.

In this way, he also has a reason to convince others, and the work resistance will not be too great.

"Okay, Mr. Xia, then I will help you as a lobbyist. You will have to build cars well in the future! The people of Shanghai are still waiting to drive your new energy vehicles."

"Thank you, Governor Han! We will redouble our efforts and strive to let the people of Magic City drive cars with our independent intellectual property rights as soon as possible."

After Xia Jingxing thanked him for a while, he left the Modu government office building with a smile.

It would be better for him to have Magistrate Han do the ideological work for the Modu Automobile Group for him than to come directly to him and have a hard talk.

As a large and dignified government-owned enterprise, Modu Automobile is not short of money and has not encountered any crises. Why should it sacrifice its title of No. 1 sales volume and sell the controlling stake of Wuling Motors? This is a risky decision.

Therefore, he could only exchange investment for the support of the top forces in the Demon City.

Looking at the problem from a higher perspective, Modufu lost Wuling, but ushered in Fuxing Auto, which invested 20 billion and represented an emerging industry. It is not a loss, but it contains unlimited opportunities.

The management of Modu Auto may be a little unhappy, but who says they are not a central government-owned enterprise? The prefect still has to listen to what he says.

Xia Jingxing did not mean to make things difficult for Modu Automobile, but this company controlled Wuling. If Fuxing Automobile did not get the controlling stake, it would be difficult to advance some tasks.

For example, in order to promote new energy vehicles, it was decided to burn 20 billion first. Will Modu Auto dare to follow suit?

It would not be good to continue to maintain the joint venture component of Wuling, or to let Fuxing Motor control Wuling. Internal work is not easy to coordinate.

Only with 100% control over Wuling and no other internal voices can Fuxing Auto better help Wuling transform and at the same time promote its own new energy vehicle strategy.

…………

…………

A few days later.

Ackerson, a director of General Motors, arrived in Shanghai and started negotiations with Fuxing Motors on behalf of General Motors.

GM and Xia Jingxing are also old friends. They just acquired the Fremont plant they jointly owned with Toyota a few months ago.

However, compared to that dilapidated factory that has been shut down and shut down, GM is never willing to let go of the Chinese market.

Now GM is losing money in the global market, but it still has two profits in the Chinese market.

If this goes away, it will be difficult to explain and deceive creditors, which will not be conducive to GM's bankruptcy and reorganization.

Therefore, when Exxon heard that Xia Jingxing proposed to acquire the 34% stake in SAIC-GM-Wuling held by General Motors, Exxon reacted very fiercely.

"No! No! No! Darren, Wuling is not for sale to us!

I thought Fuxing Motor was going to discuss a joint venture with General Motors, but I didn’t expect that you wanted to acquire General Motors, China’s crown jewel. "

Xia Jingxing smiled slightly: "The crown jewel is also a commodity, what can't it be sold?"

Exon shook his head repeatedly, "Dylan, this matter is non-negotiable!

I can tell you the truth that when I come to China this time, in addition to the task of discussing cooperation with you, the more important task is to increase GM's shareholding in SAIC-GM-Wuling.

We have reached an agreement with Guizhou and Liucheng some time ago. They are willing to sell 15.9% of their shares to GM in exchange for our technical support.

It has to be said that the civil servants in Guangxi Province are still very pragmatic. They know very well how much GM's technical support has played in Wuling's development over the years. "

Xia Jingxing looked at Exon with a smile. It seemed that the bald old man didn't know that Gui Province had been captured by him first, and that the Magic City was about to come.

As soon as the two shareholders compromised, Fuxing Motor obtained 66% of the shares.

If GM does not sell its shares, it will have no choice but to play the capital increase game with Fuxing Automobile while going bankrupt.

Of course, this is a last resort.

Xia Jingxing still hoped that the old man would be more aware of current affairs and not force everyone to break up.

Considering that GM was having a very difficult time, Xia Jingxing was worried that they would make a big fuss, so he placed GM as the last one among the three shareholders to solve the problem.

"Wuling will transform into a new energy vehicle manufacturer next and become China's Tesla. Mr. Exxon, are you interested in working together to make a big deal?"

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