industrial overlord

Chapter 708 It's a good time to buy the bottom

At the beginning, a tense negotiation gradually turned into a feast of drinking and talking with Lin Zhenhua's eloquence.The Portuguese officials, who had been deeply indignant at the acquisition of Portuguese companies by Chinese companies, turned their anger into joy after hearing the plan introduced by Lin Zhenhua.They began to believe that Lin Zhenhua was indeed a sincere person, an authentic Lei Feng.

Lin Zhenhua's trick is actually very simple, that is, to take all the benefits that were originally distributed equally among European countries to Portugal.Portugal has a population of more than 1000 million. Just a few investment projects can bring obvious growth.In the process of China going to Europe, it also urgently needs a bridgehead, and Portugal just plays the role of such a bridgehead.

"We believe that there are broad prospects for cooperation between Portugal and China. China needs Portugal, and Portugal also needs China. We hope that our cooperation will last forever."

After the negotiation, Dacruz concluded with affectionate language. He no longer felt that these Chinese were here to take advantage of the fire. On the contrary, he believed that China's attitude towards Portugal was simply better than that of other EU countries with the same origin as Portugal. And be sincere.

"Mr. da Cruz, thank you very much for your blessings on the prospect of Sino-Portuguese cooperation. China is a developing country, while Portugal is a developed country. We also hope that China can get help from Portugal in various aspects, and hope that our cooperation can be achieved. A win-win result." Huang Gang cheerfully responded.He has seen that da Cruz and other Portuguese officials are very agreeable to the plan proposed by the Chinese side, and this plan is naturally very beneficial to the Chinese side.

The Chinese proposal was quickly submitted to the Portuguese Congress for deliberation. Under the threat of financial bankruptcy, the Congress was unable to raise objections, and the proposal was finally passed with a high vote.

If we have to investigate it carefully, it cannot be said that this plan has not caused any damage to the Portuguese side.At the very least, facilities such as ports and power grids fall into the hands of others, and a large amount of profits are taken away for nothing. This kind of thing is unacceptable for any country.But Portugal has no other choice. Who made it eat enough food for the past few decades and empty out the whole family?
Before the Chinese delegation left Portugal, the Portuguese government organized a series of signing activities, which were very noisy.A large number of management personnel and technical personnel also rushed over from China upon hearing the news, and began to inspect the facilities such as ports and power grids, and formulate strategies for further development. The whole country of Portugal showed a long-lost prosperous atmosphere.

Business leaders have always been only responsible for major policies, and it is not their turn to manage specific affairs.After the intensive signing ceremony, members of the negotiating delegation left Lisbon one after another.While waiting at the airport, Gu Jiahua happily chatted with Lin Zhenhua about this trip to Portugal:
"Zhenhua, I think the Portuguese model you have developed is not bad. Will we be able to do this when European countries ask us to borrow money in the future?"

Lin Zhenhua smiled and said: "Old Gu, the information on your state-owned enterprises is too closed. Let me tell you, this is not the Portuguese model. This model is called the bottom-hunting model in our country. Many private capitals in China have recently taken a fancy to it." This piece of fat in Europe wants to take advantage of the economic recession in Europe to buy their high-quality assets.”

"I've heard this statement, but I really don't know the details." Gu Jiahua admitted frankly.

Lin Zhenhua introduced: "In the past few years, the European economy has been in recession, especially the recession in the manufacturing industry has been very serious. Many small and medium-sized enterprises are on the verge of bankruptcy, and the life of large enterprises is also difficult. Although these enterprises cannot operate well, their technical level But what I didn’t say is that many companies have hundreds of years of technology accumulation, and there are many exclusive unique skills. Our domestic companies are not short of money, but there is still a gap with European companies in terms of technology, so taking advantage of this opportunity, they have come to Europe one after another. Acquire these established companies and improve your own technical level. In this regard, your Xingbei Heavy Machinery is a bit behind."

"Acquiring a European company? Doesn't it cost a lot of money?" Gu Jiahua said, "It's not that our Xingbei Heavy Machinery is backward in concept, but that we can't raise so much working capital for a while. You know, we recently built a new production line The base takes up a lot of funds, so even if you see this piece of fat, you don't have such a big appetite to swallow it."

Lin Zhenhua asked in a disdainful tone: "Old Gu, you quickly excused yourself without knowing anything about the situation. What's your appetite, how about it, I said a company, do you know, Aosic company in Italy, listen Have you ever said that?"

"Nonsense, how could I not know? It is an old brand company specializing in precision ball screws, and our company's precision machine tools often use this brand of screws." Gu Jiahua said, as the boss of a machinery group, he There is still some common sense in this regard.

Lin Zhenhua asked again: "This company has recently been listed for sale due to business shrinkage. Do you estimate how much it will cost to acquire it?"

"The acquisition of Aosic? Why...doesn't it cost tens of millions of euros?" Gu Jiahua said uncertainly.In his impression, although this company is small in scale, it has a great reputation. The ball screws it produces are much more famous than the machine tools produced by Xingbei Heavy Machinery.Chinese people have always had an instinctive sense of admiration for world-renowned brands. Gu Jiahua's guess represents the views of many people.

Lin Zhenhua grinned and stretched out three fingers, and said, "350 million euros, take it all."

"Only 350 million? That's 3000 million yuan, right? This is too cheap!" Gu Jiahua was shocked, "We are short of production capacity in this area, Zhenhua, please help me quickly."

"It's late." Lin Zhenhua pouted his lips, "Our old Feng's Maoqiao Gear Company in Xunyang has already bought it, including technology and brand, all in one pot. If you want to buy Aosic screw in the future, you can only go to I'm looking for Old Feng."

"Maoqiao Gear Company? Doesn't it produce gears? What kind of screw does it buy? Isn't it a shame!" Gu Jiahua slandered regretfully. In fact, he also knew in his heart that the gears and the screw are really not too far apart. All things belong to machine tool parts, and it can even be said that the screw is actually a kind of gear.

"Do you know you regret it now?" Lin Zhenhua asked gloatingly, "Now those private companies in our Xunyang are trying their best to find out about the bottom-hunting in Europe. Copying a European company and spending millions of euros is worth it. The effect of spending tens of millions or even hundreds of millions."

"Oh, from what you said, we are indeed lagging behind." Gu Jiahua patted his thigh and said, "By the way, Zhenhua, I know that you Hanhua have always had a good sense of smell. Good stuff, right? How about it, tell me, what good company did you buy?"

Lin Zhenhua shook his head and said: "We really didn't join in the fun, that is, my general manager Xiang Zhe was bored and arranged to buy a company engaged in gas turbine materials, a company engaged in automobile engine design, and two companies. A company specializing in the production of stamping machinery, a mold factory, two..."

"That's not too much!" Gu Jiahua jumped up before Lin Zhenhua finished his calculations, "Xiao Lin, you are not enough friends, such a good opportunity, you didn't say hello to your brother, it's not good to eat alone .”

Lin Zhenhua is also used to Gu Jiahua's rogue style. There is a nearly 20-year age difference between the two of them, but these years of fighting and fighting have become a year-end friendship.Gu Jiahua's management style is relatively strict, and he has far less evil ideas than Lin Zhenhua, so when encountering problems, he always asks Lin Zhenhua to give him ideas.

Seeing that Gu Jiahua was impatient again, Lin Zhenhua smiled and said, "You don't blame me, who made your old Gu busy with socializing all day long, so you don't have time to come and sit in our Xunyang. I can't go all the way to Xunyang for this kind of thing. Xingbei to report to you?"

"I don't care about that." Gu Jiahua said, "Hurry up and tell me, if there is any good opportunity now, you must give it to me. Our Xingbei Heavy Machinery is a key state-owned enterprise anyway. If such a thing falls on your Han After Hua, the State-owned Assets Supervision and Administration Commission will not spare me."

Lin Zhenhua uttered such a long speech just to arouse Gu Jiahua's competitive spirit. Now that he heard Gu Jiahua say this, he pretended to be reluctant and said, "If you want to talk about an opportunity, there is one. However, the amount involved is relatively large, didn't you say that there is no liquidity?"

"As long as it's worth the price, isn't it easy to say what the amount is?" Gu Jiahua said, "Several banks in Xingbei are chasing after me every day, asking me if I want a loan. Don't brag, as long as my old Gu is willing Two or three billion can be borrowed casually."

"Two to three billion, um, about the same." Lin Zhenhua said with a wicked smile, "By the way, Lao Gu, are you talking about Euros or U.S. dollars?"

"What euros and US dollars? It's two or three billion yuan!" Gu Jiahua blurted out, and after he said that, he realized Lin Zhenhua's subtext. He couldn't help but widen his eyes and asked, "What? You mean that it will cost two to thirty million yuan?" One hundred million U.S. dollars?"

Lin Zhenhua chuckled: "Isn't it two or three billion US dollars? Do you know which company I'm talking about?"

"Which one?" Gu Jiahua's curiosity was completely aroused. There are not many companies in Europe that cost billions of dollars just to buy the bottom. Even if he doesn't plan to buy, just hearing the news Very interesting.

"It's our old enemy, ALK!" Lin Zhenhua said leisurely.

"ALK is going to be acquired?" Gu Jiahua's face showed a trace of sadness, "This is really a turn of events, it's not that enemies don't get together."

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(End of this chapter)