My Age of Investment

Chapter 765

The next day, in the afternoon.

The meeting room of Gordon Hotel, Fengcheng District, Focheng City.

Xia Jingxing shook hands with the leaders attending the meeting one by one, and his expression was full of joy, because the negotiation on Kelon Electric had made a breakthrough, and the rest was to go through the process.

Several leaders in white shirts were also quite happy, feeling that they had achieved their goals and were able to communicate with all parties.

In short, both parties are very satisfied with the negotiated plan.

"Mr. Xia, our business environment in Fengcheng has always been well-known. If you have any difficulties or needs, just ask."

"Thank you for the leadership! With such an enlightened government as our strong backing, we have full confidence in building Kelon into a world-class home appliance brand."

"Haha! Then I will remember your words."

...

Several leaders left with smiles on their faces.

After seeing off a few people, Xia Jingxing turned around and found that Li Ying and Liu Xiaoduo were staring at him intently.

"What are you looking at? Appreciate my handsome face?"

Li Ying and Liu Xiaoduo burst out laughing, and the former said: "Mr. Xia, you still have a way, and you can catch it with your hands."

"Forging iron requires hard work. If you swipe your face card, it will overdraw your business credit."

Liu Xiaoduo pursed her lips, "We didn't even swipe our face cards. We offered such a good deal, so a fool would not agree."

"Do you think the terms we offer are good?" Xia Jingxing glanced at Liu Xiaoduo.

"Isn't that good enough?"

Liu Xiaoduo snapped her fingers, "First of all, Kelon Electric is still staying in Fengcheng to contribute fiscal revenue and provide employment for the local area.

Secondly, for the more than 260 million shares of Kelon Electric held by Greencool, Hisense originally offered a price of 900 million yuan. After auditing the assets of Kelon Electric, it was found that there were too many loopholes, so it was adjusted to 680 million yuan.

What we gave was 800 million yuan, which was more than a billion yuan.

Finally, you also promised that in the next three years, you will invest an additional 1 billion in Kelon Electric to improve scientific research technology and production capacity..."

Seeing the chattering Liu Xiaoduo, Li Ying smiled lightly at her: "You're too shrewd to settle accounts!

The Kelon Electric Risk Disposal Office has long let go of the words. If the reorganization party is introduced, companies with industrial backgrounds will be given priority, such as Hisense, which specializes in black electricity business; local companies, such as Midea, will be given priority.

We compare with them,

There is no advantage in industry or territory, the only advantage is..."

Li Ying glanced at Xia Jingxing, "Mr. Xia, the people you always talk about are stupid and rich!"

Xia Jingxing's head is full of black lines, is this a compliment or a detriment to me?

Li Ying smiled, "There is absolutely no derogatory meaning in this sentence. We have money, so we naturally want to maximize our strengths and avoid our weaknesses. When it's time to spend money, we must not be lenient."

Xia Jingxing pursed his lips and smiled, but did not speak.

Li Ying looked at Liu Xiaoduo again, and explained: "Also, Fengcheng is one of the areas with the most complete home appliance industry chain in the country, if we don't stay here, why not move away?

As long as he dares to move, the bank will dare to block the door and ask for money tomorrow. Don't forget, Kelon still owes a lot of money to the local bank, and the risk management office is helping to appease him.

The 800 million we paid will be divided into two payments. The 500 million down payment will never reach the hands of Gu Chujun who is in prison. He illegally embezzled more than 400 million Kelon Electric. The court designated the account, and then the court unfrozen the equity. After we and Greencool completed the equity transfer, the money will be returned to Kelon Electric, and the company's lack of money will be greatly alleviated.

Banks and creditors will be stabilized by the risk management office.

Next, Kelon Appliances only needs to resume normal operation and pay back the money slowly, and all problems will be solved.

Now, do you think it is expensive to spend 800 million to buy a 26.43% stake in a company with an annual output of 8 million refrigerators and 4 million air conditioners?

As for the investment of 1 billion in the next three years, this is what should be done. If we want to surpass a group of established home appliance companies and become the leader of home appliances in China, we can only increase our spending. "

With such an explanation, Liu Xiaoduo instantly understood, it seems that this business is not as worthless as he imagined.

"Okay, let's not talk about this."

Sitting back in the chair in the meeting room, Xia Jingxing looked at Li Ying and said, "The major shareholder of Kelon illegally embezzled the company's funds, the impact is very bad!

After the capital chain was broken, the suppliers and logistics providers began to default on the payment, which caused some suppliers to stop supplying, production stopped, and production capacity declined;

Distributors are constantly urging the goods, but the goods are delayed, and some distributors stop cooperating with others and send them to others;

People inside the company were in a state of panic, thinking that the company was going to die soon;

The stock price in the capital market plummeted, and the credit rating of the stock was downgraded..."

After stating a lot of problems sorted out, Xia Jingxing stared at Li Ying, and said calmly: "So many problems all point to a core point, and both the outside and the inside have insufficient confidence in Kelon.

After we take over, you have to start from rebuilding your confidence and re-polish Kelon, which has been dusty. "

Li Ying nodded, "Okay, I will take this problem as the top priority to solve. With Mr. Xia, your richest man's famous brand, this problem is not difficult to solve."

Xia Jingxing smiled, didn't say anything modest, and naturally accepted the other party's compliment.

"I'm not worried about the restoration of order in Kelon, the only thing I worry about is the market structure."

Xia Jingxing tapped his fingers on the table, he didn't want to be the second child of Wannian, he must surpass Haier and Gree.

Knowing Xia Jingxing's obsession, Li Ying replied with a smile: "This matter cannot be settled overnight. After all, the two of them have too deep foundations, and their reputation and brand have always been stronger than that of Kelon."

"You should be able to feel the trend of the past few years. From the Spring and Autumn Period to the Seven Heroes of the Warring States Period, mergers and acquisitions have never stopped. We must make a difference during this window period, at least we must not be left too far behind. .

After the development, the advantage of size is revealed. The strong will always be strong, and the weak can only be swept out. "

Li Ying looked up at the ceiling and sighed, "I'm afraid that a price war will break out like in the TV market back then, and the price butcher almost wiped out the industry."

Speaking of the TV, Xia Jingxing's eyes lit up, "Have you contacted that one?"

"The entrusting person sent a message to the prison, but we haven't answered us yet."

Xia Jingxing crossed his arms and looked at the table quietly.

The profits of TVs are not high, but as an essential part of smart home, they still have to bite the bullet and enter to complete the closed loop of the industry.

"Okay, let's get in touch first, don't worry, digest Kelong first."

Li Ying asked: "At present, we have only obtained the largest shareholder seat of Kelon Electric, and our shareholding is less than 30%. Should we consider buying some more shares?"

Xia Jingxing shook his head, "Not for now."

Looking out of the window, he was also thinking in his heart that good steel should be used on the blade, and the ceiling of the household appliance business is obvious, and precious funds should be used to forge sharper blades.