Technology company, I will become the light of China!
Chapter 524: Masike resigns and admits defeat. Will Longguo become the “No. 1 in finance”?
"Hello, Mr. Chen, there are no major problems with Tesla's Shanghai Automotive Factory. I have personally inspected the equipment and production lines. They are all high-precision equipment imported from Germany."
When the call was connected, Jiang Ye didn't beat around the bush and told everything he had seen and heard.
"Thank you for your hard work, Mr. Jiang. If I have the chance in the future, I will definitely treat you to a nice meal."
Chen Xing would not suspect Jiang Ye, and the latter had no motive to commit fraud.
Putting aside the fact that Tesla and SAIC Group are competitors, in terms of business cooperation alone, the two do not have much overlap.
Without intersection, there is no benefit. Without benefit, Jiang Ye has no motivation to help Masike to deceive Chen Xing.
Even if we take a step back, if Jiang Ye, in order to please Masick, deliberately forged and deceived Chen Xing and gave a token of allegiance to the West, then SAIC Group would definitely collapse and become history.
Why are the consequences so serious?
Very simple.
Except for Tesla, almost all other electric vehicles on the market use power batteries and chips provided by Longxing Group.
What does this amount to?
Longxing Group is the big brother behind the scenes.
Once others stop providing technology and components, new energy vehicle companies except Tesla will be "returned to poverty overnight", and car companies with "Thor Solid-State Battery" and "Polymer Semi-Solid State Battery" will be crushed.
Under such a relationship of interest, Chen Xing could not think of any motive for Jiang Ye to help Masike commit fraud, unless the latter had some fatal evidence in his hands.
Of course.
Chen Xing has other backup plans.
The main purpose of looking for Jiang Ye was to preliminarily confirm whether what Masike said was true. If it was true, he could give 60% first to finalize the acquisition plan, and then wait for the professional review agency of Longxing Group to go to Shanghai and confirm that there were no problems before giving the remaining 40%.
Jiang Ye was also a smart man, so he took the opportunity to make a request: "If there is a chance, I will definitely have a good drink, but then again, Mr. Chen, can you give me some more of the Thor Solid-State Battery supply?"
A successful businessman must learn to make requests at the right time.
In the adult world, there is not so much pure giving, and most people are individuals driven by interests.
If you don't know how to make requests, you are no different from a bootlicker.
"It's not that I don't want to increase the supply, it's mainly because the production capacity of Thor Solid State Battery can't keep up. I'm also actively looking for ways to solve the production capacity problem." Chen Xing first explained his difficulties, and then changed the subject:
"How about this, Mr. Jiang? I will provide you with 100 more Thor solid-state batteries and 400 more polymer semi-solid batteries every month. If you increase the price any more, we really can't squeeze out more."
500 new energy batteries are equivalent to SAIC Group being able to produce 500 more cars every month. Even if each car only makes 1 yuan, the net profit will be 500 million yuan. 500 million yuan a month means 6000 million yuan in net profit a year!
Jiang Ye also knew that Longxing Group not only supplied power batteries to SAIC Group, but also to other car companies. It was not easy to squeeze out 500 power batteries. He did not bargain and thanked them quickly.
"It's settled then. Thank you Mr. Chen for your generous help."
"Helping each other is not a matter of gratitude."
"Haha, Mr. Chen is such an open-minded person. I won't bother you anymore. We can sit down and have a good chat later when we have the chance."
"Okay, then I'll hang up the phone first."
"Chat back."
"Chat back."
After the pleasantries, the two hung up the phone.
Chen Xing did not hesitate and immediately contacted Masike who was still in Shenzhen and asked him to come to the Bantian base of Longxing Group.
……
Half an hour passed.
There was a knock on Chen Xing's office door.
"Come in."
As soon as he finished speaking, the girl at the front desk opened the office door. This time, not only Masike came, but also an accompanying lawyer.
In Longguo, people who wear suits and ties on a daily basis are either in insurance or sales, and the next level up is lawyers.
The easiest way to identify someone as a lawyer is to observe them.
You can change your image through plastic surgery, but you can’t change your overall temperament because your temperament will change with the environment.
For example, if you take a student who has been admitted to the government and give him twenty years to hone his skills and get promoted, twenty years later, you will feel an invisible sense of oppression just by him standing there.
Money can support people, and so can the environment.
The fact was just as Chen Xing guessed. After a simple handshake and greeting, Masike said, "This is the lawyer I found."
"Liu Wei, I have heard of Mr. Chen's name for a long time. Today I see that he is indeed a hero at a young age. I admire him very much." Liu Wei said politely.
"Welcome to Longxing Group."
Chen Xing nodded in response.
The three of them did not chat, but after a few simple polite words, they went to the negotiation area together. Liu Wei took out all the contract information and land certificates from his briefcase.
Masikna picked up the documents and placed them in front of Chen Xing, saying, "Mr. Chen, please take a look. These are the approval documents for the Magic City Super Factory, as well as the land purchase certificate. In addition, these are the notarized documents I made for the factory equipment."
"Let me see."
Chen Xing picked up the document and read it carefully.
After struggling for so long, and because of his rebirth, his experience has long reached a level that ordinary people can hardly imagine.
After confirming everything, he put down the documents in his hand, looked at Masike who was waiting, and said, "It's almost the same as what Mr. Jiang said. Do you have the documents with the workers' information?"
"it's here."
Liu Wei quickly handed it over.
Chen Xing took the document and looked at it.
The statistical document states that Tesla's Shanghai Super Factory has a total of 7844 employees and 402 managers. The distribution stores across the country adopt a subcontracting model, and each store has only four formal employees who are responsible for daily operations and personnel management. The overall base is not large.
"We need to close down several 4S stores, otherwise the ineffective expenditure will be too great." Chen Xing muttered to himself as he looked at the contents of the document.
Because he has already established a nationwide sales network and has set up an automobile sales management center in Shenzhen and the capital.
The automobile sales network in the north is managed by the management center in the imperial capital.
The automobile sales network in the south is directly managed by Longxing Heavy Industries.
Although Chen Xing does not want to lay off employees, if he takes over all these sales, it will only increase the expenditure burden of Longxing Heavy Industry, which is not conducive to long-term development.
After reading each document, Chen Xing had a general understanding of Tesla's operating conditions and its distribution model.
Putting down the documents, he looked at Masike again and said, "Yes, it's all within expectations, but let me be frank. After signing the contract, I will pay 60% of the payment, which is 42 billion. The remaining 28 billion will be paid to you after confirmation by a third-party professional asset review agency."
"There has to be a time, right?"
Masik asked.
Find a third-party professional review agency, who knows how long it will take, you have to know that he has to leave Longguo.
"Within half a month, I will inform you of the name and qualifications of the third-party review agency in advance. You can also request a replacement, provided that the agency you request is approved by me."
"no problem."
Masik nodded.
Seeing this, Chen Xing looked at Liu Wei and asked, "Anything else you want to add?"
Liu Wei looked at Masike, who shook his head to express his opinion. Then, he looked at Chen Xing and said, "No more."
"Then draw up a contract."
"Row."
Both parties were very efficient. Chen Xing called his own lawyer over, explained the clauses that needed to be supplemented, and printed them out directly.
Holding the still-warm contract document that had just been printed out, the lawyer of Longxing Group said, "The contract is in quadruplicate. Our company and your company will each keep one copy. The remaining two copies will be submitted by both parties to a third party they approve for notarization."
Chen Xing and Masike nodded slightly.
They have signed too many contracts. After confirming that the terms are correct, they sign their names, put their fingerprints on them, and finally stamp them with the official seal.
After all four contracts were signed, Masike asked Liu Wei to put away two of them. Then he stood up and said, "Mr. Chen, it's a pleasure to work with you."
"Pleasant to work with."
The two shook hands and made peace.
There was a conflict of interest before and they stood on opposite sides, but now that Tesla is withdrawing from Longguo, the relationship between the two has eased.
Of course, this is not friendship, it just moves the hostility to a neutral position.
"Then I won't bother you anymore. Please arrange for the money to be transferred to Mr. Chen as soon as possible."
"Walk slowly."
Masike wanted to leave, and Chen Xing did not try to keep him. Their relationship was only a cooperative one.
And Masike didn't expect Chen Xing to keep him. After all, there was still a gap between them. Even if Chen Xing invited him to dinner, he would politely refuse.
For Masike, the most urgent task now is to return to Shanghai and pay off the debt of the "Gambling Agreement" in advance.
Only after paying off his debts will Longguo lift the restrictions on his leaving the country.
……
After Masike left, Chen Xing gave a contract to a lawyer to have it notarized and kept a copy for himself in a safe.
Then, he sent a message to his secretary, asking her to announce that Longxing Group would acquire Tesla's Shanghai Super Factory.
Since Longxing Group has been listed, it is no longer a private company but a public company. Major business decisions, such as acquisitions, dividends, investments, etc., need to be announced to the public.
to be honest.
Shareholders have the right to know. However, there are ways to circumvent the public disclosure. All you need to do is let Chen Yapeng borrow money from Longxing Group, and then he can make acquisitions and investments without public disclosure.
Because Chen Yapeng borrowed money from Longxing Group, the two parties had a debt relationship. Ordinary people had no way of checking what he did with the money. As long as he could pay the interest due, it was fine.
This method is not a panacea. It can only delay the disclosure of the use of funds, because listed companies need to publish financial statements every quarter, which need to clearly state the whereabouts of large expenditures and then submit them to auditing agencies for auditing.
Ordinary people may not be able to understand the details hidden in financial statements, but professional financial institutions know how to follow the clues.
Night falls and the stars are shining.
It started to drizzle in Shenzhen.
Anyone who has been to eastern Guangdong during the rainy season knows that the weather at this time can change rapidly, so it is best to bring an umbrella when going out.
Longxing Group Office Building.
The marketing department is still brightly lit.
As the "Tesla Shanghai Super Factory Acquisition Announcement" passed the review of multiple departments, they also quickly sent the manuscript to the outside world.
[Dear shareholders, partners and friends from all walks of life:
The board of directors of Longxing Group has passed a major acquisition decision, that is, our group will officially acquire Tesla's super factory in Shanghai. The following are the details of this acquisition:
1. Acquisition target and background.
Tesla's Shanghai Gigafactory is one of Tesla's important production bases in the world, with advanced production technology and efficient production capacity.
2. Purpose and significance of the acquisition.
Longxing Group has been committed to the development of the new energy vehicle industry. The acquisition of Tesla's Shanghai Super Factory aims to further consolidate our leading position in the new energy vehicle field, expand market share and enhance brand influence.
At the same time, this acquisition will also bring us more technological accumulation and production experience, and promote the innovative development of the new energy vehicle industry.
3. Acquisition plan and process.
We have conducted in-depth communication and consultation with Tesla and reached a highly recognized acquisition intention. Next, we will comply with the requirements of relevant laws and regulations, perform the necessary approval procedures, and complete the acquisition transaction as soon as possible to fully protect the interests of all parties.
4. Future prospects
After completing the acquisition, Longxing Group will give full play to the advantages of Tesla's Shanghai Super Factory to further enhance our production capacity and product quality.
We would like to thank all shareholders, partners and friends from all walks of life for their continued support and attention to Longxing Group. We will continue to uphold the corporate spirit of "innovation, pragmatism and efficiency", continuously enhance our core competitiveness, create greater value for shareholders and make greater contributions to society. ]
Less than half a minute had passed since the manuscript passed the media platform's review and was announced to the public. The Internet instantly boiled over, and countless netizens wiped their eyes in disbelief.
[Backbone of the Stock Market]: "No way, Longxing Group acquired Tesla's Shanghai Super Factory? Did Masick admit defeat?"
[Ming Jian Jiuzhou]: "Great good news, great good news! Tesla is withdrawing from the Longguo market, and Longguo Automobile is rising!"
[快哉快哉]: "Hahahaha, Masike actually threw in the towel and admitted defeat. It turns out that if we want to win the price war, we have to rely on our Dragon Nation."
[风止盛夏]: "It's better to leave the Longguo market sooner rather than later. Tesla's single-pedal mode design has problems, and its driverless car vision is not as good as that of LiDAR."
Since Longxing Group has been listed, any movement of it will be followed by a large number of netizens, because any breaking news will directly determine the future stock price.
This external announcement not only mentioned the significance of acquiring Tesla's Shanghai Super Factory, but also managed future expectations just right.
What is stock trading about?
expected!
Only if you give traders expectations will they buy your stocks.
Therefore, in the capital market, expectations can be divided into short-term, medium-term and long-term, which will directly affect stock price fluctuations.
Acquiring Tesla's Shanghai Gigafactory will ease the pressure on automobile production, which is undoubtedly a beneficial thing in the medium and long term.
With unprecedented attention, the entry "Longxing Group acquires Tesla's Shanghai Gigafactory" topped the Weibo hot search list, with over 1000 million views.
In less than five minutes, 1000 million people watched it. You can imagine how many people are paying close attention to Longxing Group now.
But this is also normal. It is normal for a listed company, and a leader in the technology sector, to be the focus of the market.
Although the stock market is closed at night, the futures market is trading.
The moment the news came out, the Jinlong Technology Index Futures rose sharply. Before a large number of short sellers could react, they were notified by text message that they had to pay a margin.
You should know that the futures market comes with a leverage of five to ten times. Even if there is a 0.5% fluctuation, the returns and risks it brings are far beyond the secondary stock market.
The straight-line increase exceeded 6%. According to the index's ten-fold leverage, that is a 60% increase. The short selling happened almost instantly, with some dying and others getting injured.
But this is also the charm of the capital market. You never know when bad or good news will come, maybe in the next second, or maybe never.
After the surge in the Jinlong Technology Index futures, the weighted index and the Hang Seng Index were also driven up. The three major index futures were like wild horses that had broken free from their reins, galloping freely in the capital market.
Correspondingly, the Dow Jones Index, which was still trading, turned from rising to falling. Tesla plummeted 19%, setting a record for the largest drop in history. The Dow Jones Index also turned from a rise of 0.7% to a fall of 1.4%. The entire manufacturing sector was dragged down by the negative news about Tesla.
If it were in the past, news from Longguo would not have reached traders so quickly.
But now it is different. After Longguo vigorously developed its financial industry, traders all over the world are paying attention to changes in the Longguo market, especially the Golden Dragon Technology Index.
Capital is very sensitive and will react to any disturbance.
The further decline of U.S. stocks has caused retail investors who originally "firmly believed in the destiny of the U.S." to begin to waver.
You have to know that the US stock market is not like other stock markets. It focuses on the market bottom. Therefore, once it falls, it may be an adjustment of 40%, 60% or even 80%.
After the dot-com bubble burst in 00, US stocks experienced a correction of nearly 90% in three years, causing countless retail investors and institutions to lose all their money.
Therefore, there is a consensus around the world that once the US stock shows a downward trend, let it fall as much as it can and wait for the market bottom to be formed before trading.
The moment Renato Marotta, Speaker of the U.S. House of Representatives, heard the news, he immediately called Marsick and asked him why he wanted to sell the Magic City Super Factory to Chen Xing.
Facing the questioning from the top management, Masik said helplessly: "I can no longer complete the "bet agreement" with Shanghai. If I don't sell my shares in time, what awaits me may not be Shanghai Super Factory, but the entire Tesla."
"..."
Renato Marotta fell silent.
He never expected that things would become so serious.
In Dragon Country’s automobile price war, Tesla was the first to be eliminated.
If he had a choice, Masick would not want to sell the car factory, but he really couldn't see any hope as BYD had already lowered the price of new cars to 8.9 yuan.
Yes!
Get a new car for 8.9 yuan!
In such extreme market conditions, Tesla has no advantages.
If he chooses to hold on to the end, if nothing unexpected happens, the entire Tesla brand will belong to Longguo Capital.
Cutting off one's arm to survive became the only way out for Masick and Tesla.
After thinking about it, Renato Marotta understood Masike's helplessness and said, "Then you can't sell it to Longxing Group either."
"The key is that apart from Longxing Group, other car companies dare not acquire it. Although BYD, SAIC Group, Ideal Auto and other car companies are openly competing with me on price, the actual driving force is Longxing Group. Chen Xing holds the lifeline of Longguo's car companies, so I can only sell it to him."
Marsick continued to explain.
He must explain clearly to avoid unnecessary trouble.
After deep thought, Renato Marotta just sighed.
Ever since Longxing Group, Kunpeng Company and Jiangyu Technology and other Longguo technology companies went public, the United States and Longguo have switched from offense to defense.
Not only is the U.S. stock market falling, but the exchange rate of the U.S. dollar is also falling.
The most important thing is that Dragon Currency transactions have already appeared in the Middle East and Africa.
What does this mean?
In the past, if you took U.S. dollars to any country in the world, you could buy and sell them even if you didn’t convert them into local currency. It was truly hard currency.
The US dollar is the only currency in the world that can be recognized globally.
But now it is different. With the rapid development of Dragon Country's science and technology, military and finance, coupled with the country's previous layout in Africa and the Middle East, Dragon Country currency is gradually emerging and becoming a new international safe currency.
Stock prices and exchange rates can rise again, but currency recognition cannot just go up.
Many traders have seen the changes in the world situation, and their positions in U.S. stocks have been declining. Buffett has also quietly cashed out all his shares in Bank of America and Apple, and has 400 billion in liquid cash.
You know, Buffett is a "die-hard fan" of Apple and once held the position of the third largest shareholder.
His decisive reduction of holdings caused Apple's stock price to form a downward trend. Many Wall Street traders are selling US stocks and investing their cash in the Chinese market.
……
Unlike the Dragon Country's capital market which is popping champagne, the Island Country's capital market is wailing constantly. The Nikkei 225 index futures have already triggered a circuit breaker and continued to fall after the resumption of trading.
Why is this happening?
First, due to the sharp drop in prices of semiconductor silicon wafers and photoresists, the island country's semiconductor companies have fallen into unprecedented difficulties.
Japanese companies that provide semiconductor raw materials, such as Shin-Etsu Chemical Group, TOK Tokyo Ohka, and JSR Corporation, have all seen their performance plummet under the suppression of the Longxing Group, and many have seen their revenue cut in half.
Anyone who is familiar with the global chip industry supply knows that island countries have always been the supplier of chip raw materials, that is, the provision of semiconductor silicon wafers and photoresists.
可随着龙兴集团一家独大,发布18寸、20寸、22寸的14N半导体硅片和10^20光刻胶,这些半导体日企的12寸半导体硅片和低抗光光刻胶已经上不了台面。
Chip foundry companies around the world have chosen to vote with their feet.
Not only have semiconductor companies been hit hard, but automobile manufacturers have also been hit hard, leaving traders in the island nation with no hope.
The most outrageous thing now is that Toyota Group is experiencing operational turmoil.
The purchase of real estate, luxury cars, the chairman's annual salary of over 100 million yuan, and large-scale layoffs and other news have led countless traders to wonder whether the island country's automobile industry will follow in the footsteps of semiconductor companies.
The current world situation is completely different from what it was two years ago.
In the past, the world's economy was on the rise, except for Dragon Country, which was in a state of deflation.
The world economy is in deflation, but Dragon Country is the only country with a booming economy, and has great potential to surpass the United States and become the "financial leader". (End of this chapter)
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