Chapter 767 Inquiry

"As expected of the world's top financial investor, he is as aggressive as a tiger."

The old man praised with a smile.

Xu Liang smiled and spoke firmly.

"For so many years, I have always adhered to one point. Either don't do it, or do the best if you do it.

This is true for Hanhua and Hongmeng."

The old man nodded and continued with a smile.

"So you are also like this for Delong's industrial assets?"

"Part of it is."

"What do you mean by 'part of it'?"

"For Delong's industrial assets, we have different plans for different industries."

Xu Liang organized his words.

"We have no intention of holding companies like Shancheng Industrial, Zhongyan Shares, Tianshan Shares and Alloy Shares under Delong for too long.

After the acquisition is completed in the future, we will improve the management of these companies according to local conditions, improve the reward and punishment system, personnel system, etc., stimulate the internal creativity of the companies, and improve their profitability.

Then we will operate them and list them on the market, and then gradually withdraw, returning a successful company to the public.

In this process, we have also reaped rich rewards."

The old man nodded slightly, "If I remember correctly, this is also private equity investment, right?"

"Yes. Private equity investment has many forms, industrial investment Investment is a typical one.

In the West, especially in the United States.

Famous private equity institutions such as KKR and Blackstone are leaders in this field.

They also have rich experience.

But in China, this area is still missing.

We hope that through this acquisition, more financial institutions will enter the field of industrial investment and improve the domestic business environment. "

"Every year, many companies in our country go bankrupt due to poor management, both private and state-owned enterprises. If there can be a professional private equity institution like you to transform the company and finally turn losses into profits, it will be a good thing for the company and society." The old man smiled.

"This is also our future vision and direction of effort."

The old man nodded slightly, "What are you going to do with the other industrial assets of Delong Group? Especially Xiang Torch and Tunhe."

Xiang Torch is the largest heavy-duty automobile industry group under Delong, and Tunhe is the largest agricultural and animal husbandry group under Delong.

The former is related to technology, and the latter is related to the stability of farmers.

The latter is even more important than the former.

"Xianghuo Torch is very large, but its content is quite complicated.

The transformation plan we discussed internally is to sell Xianghuo Torch's real estate, mechanical processing and other businesses independently.

Sell the auto parts business to Wanxiang Group or other auto parts companies.

Sell the small and micro car business to domestic companies in the same industry.

Only retain Xianghuo Torch's core heavy-duty automobile industry chain."

"Why sell them all? And isn't the auto parts industry Xianghuo Torch's core business?" The old man asked in confusion.

"The auto parts industry is indeed Xianghuo Torch's core industry, but its technological content is too low. It is just a revenue piled up by scale, and the actual profit is less than 10% of the total revenue, which is far lower than that of foreign peers.

In addition, the automobile industry is a technology-heavy and capital-intensive industry, and each sub-industry requires a lot of investment in research and development.

Xianghuo Torch spans multiple fields such as heavy-duty vehicles, auto parts, off-road vehicles, and micro cars.

And its foundation is weak, and it urgently needs to invest in research and development to consolidate its foundation.

There are too many fields to cover, and it is difficult to take care of them all.

So, instead of having everything and being sparse in everything, it is better to grasp one direction and spend time on it. , energy, and funds are invested.

Build a high-tech heavy-duty automobile company.

At that time, you don’t need a large scale, and you can still make a lot of money. "

The old man nodded in approval, "It's rare that you have this understanding.

Now in our country, there are hundreds of thousands of large and small enterprises, but more than 99% of them are homogeneous, low-tech, and low-R&D assembly companies.

800 million shirts for a Boeing aircraft.

This is our shame.

It's a good thing that you are willing to spend money on R&D technology and break the foreign monopoly.

You must persist. "

"Don't worry, Hongmeng is good, Whether it is a heavy-duty vehicle in the future, technological research and development is always the aspect we attach the most importance to! "

"I believe in your guarantee.

Hongmeng has been established for less than five years, but it has registered more than a thousand patents. You are one of the companies with the highest R&D investment in China.

I believe that Xianghuo Torch will definitely become a high-tech industry in your hands. "

"We will definitely work hard to live up to your expectations. "

The old man smiled and nodded, "Xianghuo Torch is finished, let's talk about Tunhe. "

"The integration of Tunhe Group is relatively simple. We will divest its livestock and dairy assets and sell them to Master Kong Group. They have abundant We have rich sales channels and are also preparing to enter the dairy industry, which can digest and develop this part of the assets well.

I plan to merge the remaining agricultural industries such as tomatoes, apricot jam, carrots, wolfberries, and beets with Hongyan's Harvest Agriculture.

Both belong to the agricultural category, and it is relatively easy to integrate them.

Moreover, the new company after the successful merger will not only expand its business scope and enhance its ability to cope with industry risks.

It also has stronger financial resources to develop new products.

Develop and sell Xinjiang's advantageous agricultural products to help the development of the western region, create jobs for the western region, and increase farmers' income. "Xu Liang said sincerely.

"It's rare that you have such thoughts, it's not bad." The old man praised.

"I am also a Chinese. While I am making money, I am also happy to give back to the society and lead everyone to develop together."

There are certain scenes that must be said. Xu Liang has been in the business for many years, and of course he has such a consciousness.

“It is also our national policy to get rich first and then get rich later. It’s good that you can remember this.”

"Thank you."

The old man smiled and nodded: "I heard that someone wants to cooperate with you and let Delong go bankrupt first and then acquire it. This can save a lot of money.

And you were rejected? "

"Yes. Both Jia'an Asset Management Company and Yinji Asset Management Company came to discuss this issue with me.

Their plan is indeed extremely feasible.

A lot of money can be saved on this acquisition.

If you are lucky, you may only need 30 to 40 billion to acquire all of Delong's assets.

But I thought about it carefully and refused.

the reason is simple.

Hanhua's entry into the investment banking and trust fields is not a one-time deal, nor is it for short-term gains.

We operate with the goal of becoming a top enterprise with real industry influence and credibility in investment banking, trust and other fields.

We are willing to take short-term losses and gain long-term rewards.

Therefore, we cannot let Delong go bankrupt, let alone let those customers who invested in Delong lose confidence in us.

In my opinion, customers' trust in us is more important than money. "

The old man praised: "That's very well said. No wonder you can make Hanhua so big at such a young age. It's just that your strategic vision of not caring about temporary gains and losses and always focusing on the future surpasses most people."

"Thank you. I only dared to do this after making some money.

If there is not enough capital to support it, I would not dare to take Deron's idea.

It's hard to say that he will really agree to Jia'an and Yinji. "

“Acting within one’s ability is an advantage, not a disadvantage.”

After approving, the old man said, "Okay, I've finished asking all the questions that need to be asked. Do you have any more questions?"

"Leader, we hope to transfer 12 billion US dollars into the country, part of which will be used to repay Delong's debts, and part of which will be used to develop Delong's industrial assets, especially technology investment."

"I will tell the comrades in charge of foreign exchange management and ask them to let you go."

"Thank you so much." Xu Liang said excitedly.

This US$12 billion has been converted from U.S. dollar assets to Huaxia currency assets. As long as the value of the Huaxia currency appreciates, it can rise by about 20% in just one or two years.

By then, he doesn’t need to do anything, and the money will earn him $2.4 billion.

Coupled with the funds saved by using debt to offset taxes after the acquisition of Delong.

After Hanhua and Hongyan actually acquired Delong, the actual debt they assumed was less than 10 billion Huaxia coins.

Delong's assets can easily cover this debt.

Therefore, outsiders thought Xu Liang was taken advantage of, but in fact he made a lot of money.

"I ask you to call me Xiao Xu. It has not been easy for our country from its founding to the present. Although it still has many shortcomings, the son does not think the mother is ugly, and the son does not think the family is poor.

As descendants of Yan and Huang, we should do our best to develop her and make her develop better.

Do you agree? "

"What you taught me is, and I also promise you, that I will never transfer my nationality, let alone forget my identity."

Xu Liang said solemnly.

“I’m glad you have this understanding.

You can rest assured that the state will support and protect any entrepreneur who does business reasonably and legally.

So you can invest freely.

The central government and the cabinet are your strongest backing.

However, we will also resolutely crack down on illegal and criminal businessmen and will never tolerate them.

He will not be condoned in the slightest because of his identity. "

The simple tapping instantly made Xu Liang break into a cold sweat and make him feel inexplicably panicked.

He said quickly.

"I will definitely remember your teachings, abide by the law, serve the country and the people."

The old man smiled and nodded, then waved.

The secretary handed over a roll of paper.

"It's our first time meeting you. This calligraphy is my gift to you."

Xu Liang took it with both hands and quickly thanked him.

"I still have something to do so I won't be with you. Just accept this call. If you encounter something that can't be solved, you can call me."

Looking at the business card handed to him, Xu Liang took it with excitement.

"Thank you so much. Don't worry, I will definitely rectify Delong and make greater contributions to the country's economic development."

"I'm waiting to see how you perform."

After patting his right arm, the old man walked away.

After watching the figure disappear outside the door, Xu Liang looked at the business card and scroll in his hand, his heart surged and he was extremely excited.

The harvest from this visit has been great.

"Mr. Xu, is the matter resolved?"

Lu Hui said softly.

After nodding affirmatively, Xu Liang said excitedly: "Let's go back to the company."

"Um."