reborn industrial empire

Chapter 277 Alliance

The director of this factory, whose surname is Shen, is an out-and-out Shanghainese.

"Director Shen, your machinery is pretty well maintained!"[]

Jin Xiaoqiang looked at these machines and then said to Director Shen with a smile.

"Yes! Yes! Some of these machines were newly purchased by me a few years ago, and some of them are old models, but when used, I can guarantee you that there will be absolutely no problems at all."

Jin Xiaoqiang is now a big celebrity in the Chinese automobile industry, so even though Director Shen is much older and more powerful than Jin Xiaoqiang, in front of Jin Xiaoqiang, he is absolutely respectful. After all, the check in his hand can decide who he is. What life will be like in the future!

If this business deal collapses and the amount he owes the bank is not paid by the due date, his company will have no choice but to declare bankruptcy and eventually be auctioned by the bank. At that time, he will really have to jump off the building.

"Director Shen, I don't understand. Hasn't our automobile industry in China developed very well in recent years? Those who make auto parts seem to be living a good life. How come your company has ended up like this? What’s the situation?”

Jin Xiaoqiang's question was a bit straightforward, but it also happened to ask about the pain point of Director Shen. After hearing Jin Xiaoqiang's question, Director Shen couldn't help but shook his head, sighed and said to Jin Xiaoqiang .

"Hey! Mr. Jin, don't you know that in the past, before SAIC cooperated with Volkswagen, we could still do business with SAIC. Later, after SAIC cooperated with Volkswagen, our life became a little sad. , Volkswagen has relatively strict technical requirements for car lights. At the beginning, it was easy to cope with it. At that time, they were producing Santana. After several technical updates, we were able to cope with it. Later, SAIC and GM After we cooperated, we thought our business would grow accordingly. Unexpectedly, at this time, the Japanese came in because their technology was indeed better than ours. Volkswagen and GM were also willing to use their products, so our business It started to be difficult. Originally, there were car manufacturers such as Maple in Shanghai, but then Maple was no longer available, leaving only Volkswagen and General Motors. We had no choice but to take orders for scraps. Later, when we really couldn’t survive, we started to make car taillights. We also introduced technology from the Japanese and specialized in making LED taillights. Unfortunately, the timing was wrong. At that time, LED taillights were still not popular in China. After all, the cost is high. But we introduced the production process and technology of LED, so we had no choice but to find another way to make LED lighting. The result was still not good, and later we were reduced to producing flashlights, and then later , that’s what it looks like now.”

Director Shen was a bachelor, and he recounted his many years of experience without any concealment. After hearing this, Jin Xiaoqiang also knew what he had learned.

In fact, Director Shen still has some vision and determination, but unfortunately, he never catches up with him at a good time, and his factory is located in Shanghai, which determines that he has to face people like Koito head-on. If the giants in the automobile and other industries directly talk to each other, they will certainly lose miserably.

If his company was located in Jiangsu or some places in Zhejiang, he would not necessarily lose so miserably. After all, the cost of doing such an industrial business in Shanghai is a bit too high.

"Well! Director Shen, how are the workers in the factory doing now?"

After caring about the machines, Jin Xiaoqiang began to care about the workers again. After all, compared with these machines, truly skilled and experienced workers are more valuable in his opinion.

"The workers are all fine. Many of these workers are old guys who have worked with me for twenty years. Their skills are quite good. Moreover, in the past few years, the factory has also recruited many new people. , many of them are college students! We have made great progress in terms of redesign concepts and processing technology. If it weren’t for the difficulty of running the business now, I would really be reluctant to give up this business! |”

Director Shen said to Jin Xiaoqiang with some emotion, but he was not lying about this.

In fact, before coming to inspect this company, Jin Xiaoqiang had already sent people to find out the details of this company. The fact that this company has achieved such success is not entirely due to the lack of competition against Koito.

They don't do Koito's business. In fact, they do LED lighting, and they also produce headlights for some motorcycle and electric bicycle companies, and they are also doing very well.

The reason why this company has problems is because of Director Shen's own problems. He likes to gamble, both on the card table and in the stock market.

In fact, a few years ago, after this company entered the LED lighting market, it produced several LED

The sales volume of emergency lights is quite good, and every year we can rely on our connections to get a lot of orders from many motorcycle companies. Before, we were just a little bit close to getting orders from Liji Group.

But it was because Director Shen was a gambler that he lost a lot of money at the gambling table and a lot of money in the stock market. As a result, the company's capital chain was broken and it was difficult to maintain the situation.

So if we talk about the quality of this factory's machinery and the skills of its workers, they are really good.

Jin Xiaoqiang took a thorough look around the entire site, and found that there was indeed no discrepancy with the data shown in the investigation report. Moreover, although the current situation of the factory was relatively poor, the workers still came to work, and there was no excessive brain drain.

So after finally returning to Director Shen's office, he said to Director Shen.

"Okay, Director Shen, please make a price!"

Director Shen rubbed his hands, feeling uncertain. The actual value of his factory could be worth tens of millions, but now he owes tens of millions in foreign debt, which is almost to the point of insolvency.

He didn't know what kind of price he should quote, so he was afraid that others would disagree with him if he reported it. In the end, the sale would go bad, and he would be miserable.

"Well...how about 20 million?"

Director Shen thought for a while and finally said through gritted teeth.

"Haha, Director Shen, I heard that your factory has been unable to pay wages for two months, right? There is still a lot of outstanding payment for goods outside!"

"Forehead.........."

"Let's do this! I won't embarrass you. I'll bear the payment for the goods and the wages of the workers. You can handle the other liabilities yourself. I'll give you another fifteen million. What do you think?"

In fact, in Jin Xiaoqiang's eyes, 20 million is really a small amount worth mentioning. But if you are doing business, of course you have to bargain!

"Huh? Okay, okay, okay!"

Boss Shen was overjoyed. Although fifteen million was five million lower than his quotation, with fifteen million, after paying off the foreign debt, if he didn't have to pay the workers' wages and payment for goods, he would have to repay it himself.

It would be better to have a million or so left over so that he could still have some living money on hand, rather than having the factory taken away by the bank and leaving him with nothing.

The two parties quickly settled the contract, and Jin Xiaoqiang flew back to Nanyang the same day after signing the contract.

Because there is still a grand event waiting for him in Nanyang, after several months of negotiations, Huayang Power finally reached an agreement with several domestic car companies such as Great Wall, Li Ji, Ricky, BYD, JAC, etc.

Everyone agreed to form an automobile alliance of independent brands, and Huayang Precision was established by Huayang Power to produce the parts and components needed by various companies.

On Huayang Seiko's side, what everyone wants most is of course Huayang Power's 4at transmission. Li Ji, Ricky, and Great Wall even put forward a request for Huayang Power in terms of turbocharging technology.

Provide support to them.

These days, apart from joint ventures, the only company in China that can produce turbocharged engines is Huayang Power, and the latest rotary turbine they announced at the Frankfurt Motor Show is even more coveted by Germans.

Americans all have to give a thumbs up.

Of course they want such awesome turbocharging technology, but they also know very well that no matter how generous Huayang Power is, it is impossible for Huayang Power to share it with everyone, such as the rotor turbine.

But it doesn’t matter, if you can’t get a rotor turbine, aren’t there still other ordinary turbines?

Previously, the turbines equipped on Huayang Power's Eado coupe and Escape models were imported from BorgWarner and Honeywell in the United States.

After more than two years of exploration, Huayang Power has finally been able to produce a replica of ordinary fan blade turbines that are no less than those of BorgWarner and Honeywell.

This is really good news for Huayang Power and other Chinese independent car companies. You must know that the only company that can produce turbochargers with independent intellectual property rights these days is Huayang Power.

Of course, everyone can trust the quality of the turbines produced by Huayang Power, and the price is cheaper than those imported from abroad. If you don't buy turbines from Huayang Power, you will have to buy turbines from Americans and small Japanese.

But these two companies are very evil-minded. American products are indeed good, but what they can sell to you are usually products that are several generations behind, and the prices are extremely expensive.

It's not much better to buy it from Japan. The price is a little cheaper than American products, but I really can't guarantee the quality.

So when Huayang Power announced that they could produce ordinary turbochargers, these companies immediately accelerated the progress of this large-scale cooperation negotiation, and within a few months, this alliance was formed.

Jin Xiaoqiang rushed back this time, of course, to catch up with the grand alliance signing ceremony. By the way, he also had some other finishing work that he needed to complete quickly. (To be continued.

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