Coquettish Rebirth

Jia Hongjian's father took Ding Haitao to Liaodong Province and had a detailed talk with the people there. During the talk, something happened—after Yang Rong ran away, he definitely didn't want his shares to be confiscated. sell!And he also has domestic channels to know that Liaodong Province is looking for buyers everywhere to buy shares together, so he filed an application with the Bermuda court for an injunction order.To put it simply, he applied to the court to prohibit the Financial Education Development Foundation from selling Huachen Group’s shares owned by them in the name of a dispute over the equity of the controlling shareholder of Huachen Group registered in Bermuda, the Financial Education Development Foundation. shares!

In this regard, before Liaodong Province took any action, the foundation waiting to sell shares received the "subpoena" from Bermuda, and immediately faxed various documents to refute it—for example, Huachen was listed in the United States back then. The document signed at the time, it was written in black and white with various equity distributions!But it says that the foundation holds the controlling stake, and the foundation is a non-profit "public organization" established by a powerful Chinese institution. There is no shareholding structure, and this document was signed by Yang Rong as a representative in black and white!Then he took out the legal document that Huabo, under Yang Rong, transferred the shares to the foundation as a gift, on which Yang Rong also signed in black and white!And he really gave it away without asking for a penny!Then there were all kinds of proofs that the foundation authorized Yang Rong to manage the shares of Huachen it owned, and sent Yang Rong to Huachen as the chairman.It is also clearly written in it that the shares belong to the foundation, and Yang Rong himself is just a small minority shareholder.It has nothing to do with the shares owned by the Foundation!

It has to be said that in order to create a gimmick of Chinese state-owned enterprises in the United States, Yang Rong did everything too well, and it was too able to stand the inspection of the Americans.However, this kind of result that can stand the inspection is that the fake has become real, and all the shares in name have really nothing to do with him!Therefore, after receiving the explanation, the court called the relevant departments in the United States and China to obtain approval, and two weeks after Yang Rong applied for an injunction order, he directly rejected Yang Rong's application!

After the court rejected Yang Rong's application, Huachen announced the changes in shareholders and high-level changes—first, the changes in shareholders.This is a listed company after all.The information that should be disclosed still needs to be disclosed.However, because Huaxia Automobile was not acquired by Huaxia Hi-Tech, it is very convenient to release the information of Huaxia Automobile, because Huaxia Automobile itself also acquired the shares of Hunan Torch and listed on the back door, and the information is often disclosed.So we have already prepared.on the other hand.Huachen began to usher in high-level changes.Needless to say, the tallest one among the previous high-level executives was Yang Rong.When Yang Rong was in office, he was really the chairman and general manager, and the other high-level employees were basically his people-because such a company was basically left to him.Except for the government representatives on the board of directors, the heads of other financial and sales departments are all Yang Rong's people!These people must be cleared, at least they must be transferred from their important positions to less important positions, lest Yang Rong use remote control to remove the new leadership team in the company.

So all of a sudden, the management headed by Yang Rong was directly dismissed and dismissed, and even kicked out of the board of directors.As for the other direct descendants of Yang Rong, although they were not fired directly, most of them felt that they would be a laughingstock if they stayed, and they would not be trusted, so some of them simply resigned.But this is also good, and the person sent by Huaxia Automobile to take over can take over directly.After such a transformation, Huachen now belongs to Huaxia Automobile.The chairman of the board of directors of Huachen Automobile became Jia Gang, and the general manager was dispatched by the deputy general manager of Huaxia Automobile. It is enough to organize the interior of Huachen according to the planned route.

At present, Huachen has three major shareholders in the board of directors, namely Huaxia Automobile, Liaodong Huachen Holding Investment Company and Fengtian Holding Investment Company.Needless to say, Kazakhstan is a holding investment company, which is naturally a state-owned enterprise in Liaodong Province, representing the interests of Liaodong Province, and Fengtian Holding Investment Company is a newly established state-owned local investment company representing the interests of Fengtian City.Needless to say about the equity, Huaxia Automobile holds a 51% controlling stake, Liaodong Province holds a small stake of 4%, and Fengtian Holdings holds more than 20% of the equity, and the rest except Yang Rong and his relatives hold a little more than 3%. Except for shares, they are basically stocks that are circulated in the US market.

Such a Huachen Group actually has only one holding Jinbei Automobile Manufacturing Company under its umbrella.As for such a manufacturing company, it is actually a subsidiary company - Huachen Holdings holds 51% of its shares, and Fengtian Holdings Investment Company holds 49% of the shares.Regarding such a shareholding structure, the three parties have no idea to change it for the time being. Although it would be better to make Jinbei a wholly-owned subsidiary, or even fully absorb it into Huachen, this may involve the loss of state-owned assets. The problem!Some things are afraid of others gossiping behind their backs, aren't they?Moreover, Jia Hongjian actually felt that there was nothing wrong with such a Huachen, just like Shanda Company!It does not involve equity in state-owned enterprises or involves less equity. The main thing is that after the formation of a new company, everyone should distribute dividends according to the investment.

After paying only 1700 million US dollars, which is less than 4000 million, Huaxia Automobile owns such a Huachen Group.And a company like Huachen Group is not an empty shell, and its own cash flow is still good. For example, there is still almost [-] million yuan in its company account, which is enough for daily operations.After the acquisition was completed and the news was announced, the share price of Huachen Group on the US stock market did not fall, but began to rise - because after the performance of Huaxia Automobile was disclosed, investors found that Huaxia Automobile was a Chinese company. Such an identity as the "leader of automobile manufacturing" in the market.At the same time, according to their understanding, they have the background of a state-owned enterprise and the flexibility of a private enterprise, and they are also linked to the largest local automobile company.And this largest company returned to BMW as an OEM, which is obviously good news!

However, regarding the good news of the rise in the stock price, although the leaders of Liaodong Province and Fengtian City were quite satisfied, they still had a "behind the scenes" board meeting with Jia Hongjian through an overseas phone call.They expressed the hope that Jia Hongjian would allow Huachen to advance the cooperation plan with the former General Motors—are they still obsessed with this plan?However, Fengtian's leaders said that considering the overall situation, it's okay if they really don't want to put it in Fengtian, even if it's in Lushun, as long as it's in the province, it's fine, and they obey the overall arrangement!

But the problem was that Jia Hongjian didn't want to continue with the previous joint venture plan with GM.Because the previous joint venture plan with GM is mainly to promote the OEM of a brand like Saab. It can sell a brand like Saab internally, and export spare parts to the Swedes externally, and let them assemble them into complete vehicles, and then become Made in Sweden and sold in Europe.The problem is that Jia Hongjian doesn't want Huachen to be a car at all!Even if the company Saab is really good, it seems that it can still make fighter jets, but the problem is that the Swedish people did not sell the fighter jet company to the Americans, they sold the car factory and the brand on the car!And this Saab car... If it is really that good, how could it be so mixed up that it will be sold by the parent company?

Although relatively famous brand cars such as Volvo in history encountered difficulties in 08 and had to be sold.But you have to understand that Volvo only had an accident in 08, and now they are still doing well!But what about Sabo?The sale of this Saab is obviously similar to that of Rover. In a world where the economic situation is good, it will be sold. This is obviously because the business situation is not good and the brand is not good!Later generations of Volvo cars are not common in China, let alone Saab cars, which are even rarer!In this case, when the domestic people have no concept of Saab at all, it is really troublesome to promote it. It can be said that the popularity and awareness of the domestic market must be cultivated almost from scratch, and all of these must be gorgeous. A joint venture between Chen and General Motors, how much would it cost just for promotion and advertising?

"Then Mr. Jia...you mean, we won't cooperate with GM anymore?" The person on the other end of the phone didn't know which official asked such a question, but Jia Hongjian knew that the officials from Fengtian and Liaodong on the other end of the phone The officials all pricked up their ears, waiting for Jia Hongjian's answer?They probably care too much about this?Jia Hongjian smiled, "Cooperate, but choose another method later. We don't want to be a Saab brand anymore. This broken brand is not doing very well in foreign countries. Is it going to fool the people in China? Huachen is doing it. Small passenger cars started, we have to seize them, and GM has a lot of small passenger cars and vans! I think we can propose a new cooperation proposal, that is, we will form a joint venture with GM, not Saab, but a Passenger cars, to be precise, light passenger cars and light commercial vehicles. We can introduce general-purpose technology and production lines to further strengthen our capabilities in this area!" Jia Hongjian said.

That's right!A company like Shanghai-GM-Wuling was listed in 02 in history. Now it is estimated that SAIC and Wuling Motors are in contact with GM to discuss various terms and so on.Under such circumstances, he, Jia Hongjian, can definitely get in the way!Since Jinbei Motors is famous for making vans, why not combine with the historical GM Wuling to produce GM Huachen Jinbei vans? Wouldn’t that be great? (To be continued..)