The Black Technology Era of Xueba

Xiaochu has already explained the reasons for choosing Baowo. He has a complete automobile manufacturing and sales chain, and is used by Tianxing UCAR as a tool of capital, which can be financed and sold at any time. It must be one of the best choices.

If he chooses to talk to Bidi and ask Bidi to hand over all electric vehicle production lines to Pangu Technology, Bidi will not be happy.

There is a fundamental difference between Bidi Auto, which relies on electric cars for food, and Tianxingyouche, which relies on car leasing and financing for food, and the latter knows more about willingness.

"We acquired the negative assets of Tianxing UCAR, I think it should be very happy." Xiao Ming said.

Qian Yi said: "In addition, half a month later, at the Geneva Motor Show, Zhang Derui is preparing the registration materials."

Ribeva Auto Show, one of the largest auto shows in the world, is known as the wind vane of the industry, and it is also a platform for luxury cars and future concept cars in the Omi region to show themselves.

Many Xiaguo car companies are proud to be able to appear in Geneva, because appearing in Geneva means getting a stage to be displayed all over the world, and no matter what the quality and reputation of your car is, the name can attract attention and traffic. .

With the rise of Xiaguo's auto industry, many Xiaguo car companies have appeared in Geneva. However, due to the poor quality and reputation of Xiaguo's own brand cars, Geneva has become more and more strict in the review of Xiaguo car companies in recent years. .

Xiao Ming said: "It doesn't matter where it is displayed, leave the acquisition of Baowo's production line to Huayi Technology."

As the only listed company of Pangu Technology, Huayi Technology not only develops its own products, but also has the financial function of Pangu Technology.

After getting Xiao Ming's exact instructions, Huayi Technology sought to negotiate with Tianxing UCAR.

Tianxing UCAR, which seems to be very beautiful, has always been short of money.

UCAR, like most new startups, will always need capital in the process of expansion.

In addition to relying on its own profits, the most important means of obtaining funds is to rely on its own concepts and industries for financing.

After acquiring the equity of Baowo a few years ago, Tianxing UCAR did not put it at home as a god offering, but as a tool for capital.

In the name of Baowo, it will cooperate with some second- and third-tier domestic car brands to develop joint venture cars and invest in Lala.

In the name of Borgward, cooperate with some Internet brands to develop Internet car cooperative brands, and then make investments.

Then develop several Internet + car concepts in the name of Baowo, and let international capital financing take a look.

This is the strange appearance of Xia Guo's economic market. Those that can survive are not necessarily non-entity companies, but most likely are financial companies.

On the surface, Tianxing UCAR is an entity, but it is actually playing with financial means, so it will live very well.

When Xiao Ming saw these methods used by UCAR in the financial market, he couldn't help but give a thumbs up. At present, many people in Xiaguo's financial market are playing like this. Well, it became Didi, Tianxing UCAR, Meituan and Ele.me.

When Huayi Technology threw an olive branch to Tianxing UCAR, Tianxing UCAR accepted it without thinking.

"Borgward is developing new energy Internet + cars. Our new generation of Borgward cars has won conceptual awards at many auto shows such as the New York Auto Show and Washington Auto Show. Our car design has won the Paris Auto Design Award..."

Wang Yangqianyi was negotiating with the high-level executives of Tianxing UCAR. At the beginning of the negotiation, Tianxing UCAR threw out concepts one by one, and one by one Xiang Momo.

Showing off the concept of Internet + and new energy in front of Huayi Technology is to show off the concept in front of Pangu Technology.

Of course, the executives of Tianxing UCAR know that Huayi is a subsidiary of Pangu Technology Group, and they also know that Huayi is a financial tool of Pangu Technology Group.

Tianxing UCAR also places Huayi in the same position as Ali and Penguin. The reason why these large Internet technology companies choose to invest in Baowo is also to invest in new energy vehicles and the future.

Tianxing UCAR has opened quite attractive cooperation conditions for Huayi in the usual way, that is, for the purpose of producing and manufacturing XX models of Internet cars, to attract Huayi financing, the first round of financing amount is 1 billion soft sister coins.

Wang Yangqianyi directly turned the page of Tianxing UCAR's plan and said, "Mr. Li, I think you have misunderstood Huayi's meaning. Huayi is not here to discuss financing and cooperation with your company, but to acquire All the shares of your company Borgward."

Borgward has a complete R\u0026D, production and market chain, so sales are not good, but it still has its value.

President Li of Tianxing UCAR was stunned, "Acquiring Baowo?" He said with a smile: "Last year, Penguin also talked about cooperation, but we will never talk about the acquisition of Baowo."

"But as far as I know, Penguin has not invested in UCAR, and the times have changed."

Mr. Li's face is not very good. Baowo completed his historical mission in Tianxing UCAR two years ago. Baowo has improved the reputation of Tianxing UCAR and completed several rounds of financing. As for the completion of the closed loop of car manufacturing and sales, to put it bluntly, according to Tianxing UCAR's current investment in Borgward and Borgward's production capacity, the price of building a car is more expensive than buying a car.

As a car rental company, what you need is not an outdated brand-name car but a car of excellent quality.

Owners prefer the Corolla to the Borgward BX5.

In addition, Baowo has to burn money in the entire industrial chain from design to production, which has also become a burden on Tianxing UCAR.

In order to save costs, Tianxing UCAR has temporarily closed the German production and design departments. At present, the cars produced by the Yanjing production department were designed in the hands of Foton a few years ago. Change the taillights, change the interior color, the emission standard meets the national standard, that's all.

This year, Borgward's estimated global sales may be less than 30,000 units, and at least half of the 30,000 units are digested by Tianxing UCAR itself, and the cost and income are not proportional.

Wang Yangqianyi made his own offer-3 billion soft sister coins to acquire 67% of Baowo's shares in Tianxingyou.

"3 billion? We spent 4.1 billion for the acquisition!"

"There is a loss of capital. At the beginning, Foton invested 10 billion yuan. And we are cash."

The competition in the auto industry is so fierce now that it was not an era when a brand could sell for money.

Mr. Li looked at Wang Yangqianyi, the price was seven inches.

Wang Yangqianyi didn't have time to entangle with Tianxing UCAR too much, so she got up and left after leaving the cooperation agreement.

Mr. Li saw that Wang Yangqianyi still had seven or eight points of agreement in his hand, and indicated the names of other cooperation partners in the position of the agreement.

Baowo is only one of the negotiating targets, and there are Lifan, Huachen, Yangcheng Motor Fiat and Qoros in the future.

These nearly bankrupt cars with complete production chains are all targets of Pangu Technology's acquisition.

Why buy? Because according to Xiaochu's calculations, the capital spent on acquisition is cheaper than building a complete production chain by yourself. Entering the automotive industry from scratch to establish an industrial chain requires not only about 10 billion soft sister coins, but also a long process in terms of procedures and time. wait.