We are all reborn, who wants to be the richest man?

Chapter 412 Piëch shows his strength
Dellu, the god of strength in Norse mythology.

This company, wholly owned by Chris Fund, finally acquired Union Carbide's carbon fiber division and a large factory in the United States that was almost abandoned for US$4.2 million at the end of May.

Before Union Carbide digested Toray's pan-based carbon fiber technology, the company mainly acted as an agent for the sales of Toray's T300 in beautiful countries.

Because the carbon fiber market share produced by Union Carbide is not high, there are not many workers in this production plant now, which is one-third less than at its peak.

But it doesn’t matter if there are few people. The equipment and technology are here, and Luo Niazhong is already planning to move it to Colorado.

Compared to Connecticut, where the Luo family has little foundation, Colorado, where Luo Nienzhong and three other families have basically controlled half of the country, gives Luo Nienzhong a sense of security and can further strengthen his control over the state's economy.

As for the main target of this acquisition, which was the carbon fiber research institute, Luo Nianzhong moved to California and established a branch on Hong Kong Island.

Luo Nianzhong doesn't like the east. That's where the foundation of old money lies. He wants to compare the west, which is about to explode due to the Internet, to Luo Nianzhong's important layout.

Even the agricultural states where the AAD program and several newly acquired small banks are located are close to the West.

This is the case in Montana, Arizona, Idaho, Nevada and Washington. Together with California and Colorado, the Luo family's financial system has now entered seven states.

In the beautiful country, it doesn't matter what the white house says, and local governments have a high degree of autonomy.

Even if banks are allowed to operate across state lines, state governments will still be able to trick you.

Compared with Wall Street and the big banks that don't want Luo Nianzhong to come in and take a share of the pie, the Luo family's financial system still has a long way to go before it can spread across North America.

Not to mention North America, even in the current land of seven states, no state dares to say that Far Eastern finance is spread across all large and medium-sized cities in the state.

As far as Arizona is concerned, the banks acquired by Far Eastern Financial only own four banks in and around the second largest city of Tucson. There are thousands of banks of this size in the beautiful country.

In terms of the voice of the dialogue house, Luo Nianzhong and Wall Street people are not even a little bit quieter than the volume, not to mention the connections within the states.

"There's no rush, we just need to get a foothold first. The business we're chasing is not business. We just wait for the other party to beg us."

"You mean the financial crisis?"

There is only one possibility for Far Eastern Finance to accept its own banks, and that is a financial crisis.

However, this kind of thing only happens every few years, and it doesn't always lead to banks going bankrupt one after another.

"Isn't this a bit too optimistic? Such an opportunity will not come across once in more than ten years. Even if it does, the good assets will definitely not be available to us."

What Du Huilian said sounded good, but Luo Nianzhong's idea was pure nonsense.

If that happens, how can you guarantee that you won't go bankrupt?
"But do you have a better way? Although we have entered the states, it is simply impossible to develop comprehensively.

Only by letting them come to us can we have a chance to negotiate terms."

The Luo Nian Center felt that this was the best opportunity to enter the game. The 87 economic crisis, the Internet bubble, and the 08 global subprime mortgage crisis have all severely affected the financial industry of beautiful countries.

Especially in the last two times, more than one-third of the US banks went bankrupt and were acquired.

"Let's first establish bank branches in several big cities in various states. Our next choice is to have no desires and no demands. After all, everyone is staring at us now."

"Well, that's all in the short term."

With Du Huilian gone, Luo Nianzhong still has to keep an eye on Delru Company's affairs, mainly the research and development progress.

Delru has not yet completed its integration in Colorado. A R&D fund of US$4000 million was awarded to Delru's R&D department, and at the same time, the recruitment and expansion of R&D personnel was carried out.

Toray, Toho, Sumitomo Chemical, Asahi Kasei, Celanese, Hitch of SGL Group, and Rolls-Royce of England are companies that can currently produce carbon fiber or carbon fiber raw filaments.

Among them, Toray is the overlord, one position ahead of everyone.

Companies such as Mitsubishi and Formosa Plastics are currently researching, and I believe they will join the ranks of mass production soon.

And Delru is undoubtedly a weirdo. If you say he can't, it can produce viscose fiber, but it is a eliminated product. Since this product is the only one on the market except Toray, its market share is constantly declining.

You name it, it can be done. The technical foundation and patents for pan-based carbon fiber are there, but they haven’t been researched yet.

If it is true that it can catch up with the industry leader Toray, Dellu is one of the most promising companies.

I didn’t say anything, just throw money and that’s it.

Luo Nianzhong has won another crucial industry in the beautiful country, and Piëch, who was given a target of doubling sales by Luo Nianzhong, is not idle either.

He plans to do something big, that is, to achieve the goal of doubling sales half a year ahead of schedule, and to demonstrate his status and strength in the new family of Far East Motors.

Northeast Spring City, as the eldest son of the automobile industry in the Republic, the headquarters of FAW is located here.

SAIC-Nissan has started production, and the mass production volume this year is expected to exceed 10,000 vehicles.

With the support of Minister Yao and the launch of the national selection of parts suppliers, the domestic production rate of SAIC-Nissan Lavida brand models quickly increased to about 13%.

The success of SAIC-Nissan has made many places see the hope of automobile production. The capital and Jeep, and the Guangdong Province and Peugeot have all started negotiations.

It is rumored that the process is going very smoothly, and the two joint venture car companies will be officially launched this year. It is false that FAW is not in a hurry.

The suspension of production of Hongqi caused FAW to lose its sedan business. FAW has been calling for and preparing for the production of sedans. The first choice target is also a model of Nissan, the best-selling Bluebird in the North American market.

However, this move was opposed by SAIC, although the models SAIC is currently cooperating with are the new brand Lavida, which is the Santana and Camry models that Luo Nianzhong copied.

But SAIC has already regarded Blue Bird, Sylphy and other models as models that it will cooperate with in the future. How can it let FAW get involved.

FAW had no choice but to choose another brand. At this time, Piëch seized the opportunity.

After Audi joined the Far East Automobile Group, Piech, the new head of Audi, learned about this situation from Nissan during a meeting at the Far East Automobile headquarters. After checking Nissan's sales data in Rabbit in recent years, his thoughts became active. stand up.

After returning to Audi, Piech formed a multi-person professional team and hired a translator to conduct a research on the Rabbit car market.

I wouldn’t know if I didn’t check. I was shocked when I checked.

Especially when I saw the car sales in Hainan in less than a year from the second half of last year to this year, I was shocked. I felt that the team I formed had jointly deceived me.

Because the demand is not much worse than any other country in Europe, most European countries are worse than rabbits.

Based on these data, Piech came to the conclusion that perhaps the people of Rabbit do not need cars now, but the demand for cars by huge corporate agencies is increasing day by day.

If it can enter the official market, it will not only increase Audi's sales but also be the best advertisement. Seeing the joint venture model of SAIC-Nissan and seeing half of the market occupied by Nissan on this list, Piëch knew what to do and started copying operations.

FAW, which is inspecting other car companies, is naturally interested in the olive branch offered by Audi.

Originally, Audi was a luxury sedan. It had certain attributes with the discontinued Hongqi and could be used as a high-end official car.

Furthermore, FAW is very optimistic about the future of Audi. Leaving Volkswagen and investing in the larger Far East family will definitely have more development potential. The implicit support of the entire Far East series for Audi is also unmatched by Volkswagen.

For example, in the Asian market, after Audi became a Far Eastern brand, its sales in Southeast Asia increased significantly, and the magnitude was also large. The task of doubling Audi's sales can be accomplished at least in Southeast Asia.

Since both parties are interested, Piech's trip to Changchun is naturally a matter of course.

"Director Geng, the production line for the latest Audi 80 that you proposed is not a problem. We can also talk about the C100 production line for the Audi 3.

But I have a request, that is, you need to order 100,000 Audi models this year, not one less."

After a tour, Piëch, who was sitting at the negotiating table, made no secret of the purpose of his trip to Spring City, which was to sell cars.

Cooperation is certain, but it is conditional.

At this stage, no matter which car company cooperates with Rabbit, it will not bring out the most advanced technology, but Far East Auto is different.

It was precisely when Piëch saw this that he dared to speak loudly and immediately asked the other party to agree to introduce 100,000 Audis.

Regarding the doubling of Audi's sales, Piech's original plan was to start with employees from the Far East around the world, and the method was very simple: to provide subsidies.

As long as they are employees from the Far East, they can enjoy a 10% discount when picking up a car from Audi. Piech's move is not much different from making money at a loss.

This level of effort is basically unprofitable for Audi, but Luo Nianzhong is talking about sales, not profits.

As long as it's not a loss, what about low profits?
This is the same as a person and a pig weighing 200 kilograms each have to cross a bridge with a load of 300 kilograms at the same time. Are they testing you for a brain teaser? What they test is the logic of thinking, that is, the priority of one thing.

Piech's approach was obviously to kill the pig to cross the bridge and occupy the position first.

As for the remaining pork, which is losses and profits, it is not too late to come back and collect it after the customers have stabilized.

Relying on this strategy, Audi has no problem doubling its sales performance based on its current performance.

But Piech is not the kind of person who is complacent after solving difficulties. If there are no difficulties, we will create difficulties, so that we can reflect our own value, right?
So once the sales volume is established, profit will become the next problem that needs to be solved.

"Mr. Piech, I'm afraid I can't agree to your request.

First of all, the introduction of imported cars requires foreign exchange, which is not something we can decide, let alone such a large amount of foreign exchange, it is impossible for the higher-ups to agree."

Factory Director Geng is very embarrassed. Even the previous version of the Audi 80, which has been discontinued, costs US$11800. One hundred thousand units is equivalent to US$11.8 billion. Isn't this a joke?

“Where is the majority of the amount paid in RMB?”

"Mr. Piech, are you sure?" Factory Director Geng asked quickly.

If he could pay in RMB, he would do anything to sell things.

There is a huge shortage of cars in China, especially high-end cars.

With the reform and opening up, foreign investors can’t pick them up in trucks when they come to inspect, right?

Old Jeep and red flag? An old point is an old point, but it would be fine if it didn't break down all the time.

How did Hainan’s smuggled cars become so popular? It’s not as simple as having an existing car.

Buying a car in this era is very troublesome. You first need to write an application report from your employer, stating the reason for buying the car, model, price, etc. and then submit it to various levels. Only after the control office agrees can you go to the vehicle management office to register and get the license plate.

After this set of procedures, you won't even think about seeing the paint on your car for a year and a half.

But inland cities can wait, but open cities along the coast cannot wait.

How many factories are waiting for help? They are not short of foreign exchange. Buying cars to receive foreign guests can be considered part of the introduction of advanced technology.

Since Hainan can do it? Why can’t FAW do it?

There is absolutely no secret about smuggling cars in Hainan. Even an 80-year-old man inquires about the approval documents and can earn a household of yuan by reselling them. You can imagine how crazy it is.

But that's exactly what happened. Only Luo Nianzhong knew that this madness would be stopped before it lasted long. This was also the key to early dividends for joint venture cars.

The joint venture cars that are gradually expanding production and rolling off the production line have become popular, and there are no opportunities for smuggling cars.

Of course this is off topic.

In the FAW conference room, Piech nodded and said affirmatively, "Yes, we accept payment in the form of half foreign exchange and half RMB."
In FAW's view, this Audi CEO is a good person.

Is this completely helping us earn foreign exchange? But what we earn is the foreign exchange of the Chinese people.

Audi accepts payment in the form of half RMB, but FAW will not accept payment from downstream customers in this way. If you calculate it this way, wouldn't it mean that you have earned foreign exchange.

Moreover, the money may not necessarily be converted into RMB according to the official exchange rate and paid to Piech. FAW must make money in the middle.

As for Piech, he doesn't care about the money.

This is a huge market that is about to explode. In his mind, investing here is already Audi’s most important strategy in Asia, and the money will be easily spent by then.

Piech is just treating FAW as a central bank, just changing money.

"Mr. Piech, we are very interested in this matter, but I have to report it to the superiors.

Why don't I let someone take you here for two days, and you can also visit the beautiful scenery of our country."

Retaining Piech shows that this cooperation is basically completed.

Director Geng knew that the cars Audi sold to FAW were definitely cheaper than the same models in Hainan.

We don’t make a penny, but is there anything wrong with helping our old brothers in China save some money? No one is short of foreign exchange at this time. If you can save a thousand, it is a thousand.

"The Chinese have a saying that guests do as they please, so I would like to thank Director Geng for the hospitality."

(End of this chapter)