Coquettish Rebirth

Angola’s form in the past few years has really been advancing all the way. According to estimates, the annual growth rate of Angola’s GDP in the past few years can be close to 20%!How scary is that?Of course, such a value is only a rough estimate—because there is no reliable organization in Angola that can count and calculate various detailed values.Modern countries can count GDP and so on. It really needs very detailed statistics. As far as China is concerned, how many people pay taxes, how many enterprises, and the annual turnover of these enterprises. Detailed data.Even though there are many people in China who evade taxes and evade taxes, there are still approximate values.

But in the country of Angola, it is really impossible to talk about the authenticity of any data!All kinds of civil servants in this country, it’s really not scolding them, they are far worse than our Chinese civil servants!If this group of people asked them to count various figures, it was really not complete. To save trouble, they patted their heads in the office by themselves, and then "investigated" the national data!This is not an exaggeration at all!When Angola was just at peace a few years ago, the customs officials in those few scenes were really corrupt. When foreigners came to Angola, they would even deliberately make things difficult and find various reasons to invite the other party to stay in the small black room for several days. Hours!Anyway, there are various reasons to prevent people from passing the customs smoothly!Why do you do this?Want money!As long as you give money, even if it is 10 dollars, it will be unimpeded immediately!

And this kind of bribery is not just for small leaders at the grassroots level, but for the customs staff I met earlier!It can be said that corruption has spread to every clerk at the most basic level. It can be said that everyone believes that the concept of having the right not to expire is correct. Everyone is using their own hands so that any trace can control others or hinder others. To other people's rights to exchange money!Even back then, Jia Hongjian hadn’t heard of places like Nigeria where there were some assistants who had worked with the Chinese for three or four years. They were usually loyal, but when they ran into car bandits and road tyrants, they obviously got rid of them with a can of Coke. The other party lied to the boss that he gave the robber $300?Seriously, if such a person works for a long time, how can he not earn $300?As a result, people are short-sighted.They just focus on the immediate interests, but after the result is known, such a good job will be gone immediately!So, how fast is this Angola developing.In fact, the Angolan government itself does not know!The regime in this country is rotten like this!Therefore, such a country's execution is so poor, and don't expect them to develop and grow, and don't expect them to easily resist the economic crisis!

"Angola has developed like this now? Let's go and have a look...Unfortunately, we have a lot of things to do now, and we have to prepare for the economic crisis acquisition and the subsequent sharp drop in crude oil prices. We don't have time to go..." Ye Jing said regretfully. "It's okay, we'll retire in two years and I'll take you on a global tour. I'll accompany you wherever you want to see..." Jia Hongjian smiled and put his arms around his wife, coaxing her like this . "Really? You can accompany me wherever I'm going at that time? Why don't you care about work halfway there?" Ye Jing looked at Jia Hongjian in surprise. "Well, concentrate on being with you." Jia Hongjian stroked his wife's hair.Women, always need coaxing, always need time to accompany.

At such a moment, Jia Hongjian's cell phone rang suddenly, and when he picked it up, it turned out that it was from Da Zhang. "Hey, Mr. Jia, someone from General Motors called me just now and asked if we are interested in Delhui, which used to be their department but is now independent? They said that Delhui is not in a good condition now, but it is a skinny camel Bigger than Ma, this Del Hui is planning to divest non-core business aggressively, and even if the whole company has a good quotation, it is not impossible to sell it... I hurriedly collected the general information of Del Hui, and it has been sent to your mailbox... ..."

"Okay, then I'll take a look." After Jia Hongjian hung up the phone, he searched for the word Delhui in his head.Vaguely, he seemed to feel that the name of this company was quite familiar!After thinking for a while, I remembered that although the name of such a company may not be well-known in the ears of consumers, in the eyes of automobile manufacturing practitioners, this company is well-known!Why do you say that?Because most of the cars produced by China's auto companies.Many parts are from Del Hui!Back then, when Huaxia Motors slowly launched 10,000+ cars, some parts in the products were actually purchased from Delhui!

He opened the mailbox and looked at the information about Del Hui sent by Da Zhang.This big sheet also intimately posted some of Delhui's previous historical performance-Delhui was an independent electrical company in its earliest days.When it was established in 1890, it was in the city of Warren, Ohio.Later, after it was taken over by GM, it has been a wholly-owned component subsidiary of GM.Later, in the 80s and 90s, because of the aggressive competition from Japanese car companies, GM found that it had high costs and could not compete with Japanese companies, so it began to divest various non-core businesses.So such a del benefit has also been stripped.It has become a listed company with GM's shareholding.And such a subsidiary spun off by GM, after becoming independent and going public, immediately became a member of the world's top 500, and ranked as high as more than 100!So you can see how strong this company is!

However, the total number of employees in such a company is not very large. The total number of branches in more than a dozen countries around the world is only 30000 people, and the largest number of employees is still in the United States-a full 25000 people!When they separated from GM, because of GM's relationship, Delhui took over all the workers in the factory at that time, and directly inherited the contract signed by GM with the workers. We have reached an agreement with the trade union that we cannot stop production or lay off employees in the subsequent operation process!At the beginning, such an agreement seemed innocuous. The del benefits include brake pads, car suspension, car audio, car oil pump, engine electric spark, interior and vehicle safety components, and even trip computer. That is one of Delhui's product lines!It can be said that the products that Delhui can provide, except for the frame, chassis, engine, gearbox, fuel tank and car shell, it can provide everything!And GM, Ford, Toyota, Nissan, Renault, Volkswagen and other brands purchase more parts in Delhui!

Originally, Delhui was the world's number one auto parts manufacturer before 2005, but after 05, it failed.why?Because around 2000, the Bosch Group in Europe—yes, the Bosch Group that makes all kinds of electric tools actually entered the field of auto parts!As a result, Delhui has encountered strong competition from Bosch within a few years!After all, to be honest, Delhui is just a company that has been spun off. No matter how big the plate is, it is still small compared to an old giant like Bosch.Bosch wants technology, money and money. If it is really determined to enter a field, it is really like our domestic penguin factory deciding to enter a product field. It is true that it will be able to drive out competitors within a few years. Rhythm!

The same is true of Delhui. At the end of 2004, according to market data, Bosch's sales of auto parts had successfully surpassed Delhui, and Delhui lost its position as the leader in the market!At such a time, Bosch's annual sales are 330 billion US dollars, while Delphi's sales are only 287 billion US dollars!Del Hui's annual profit is only 1.43 million US dollars!Then in 2005, Del Hui immediately lost 5 million US dollars!Sales also dropped in various ways!Under such a circumstance, in 05, Delhui ushered in a sharp drop in stocks, which fell by a full 12%!At such a time, the various problems of Del Hui itself are highlighted.

Originally, when the family was separated, Delhui took over all the parts and components of GM, but after becoming independent, many of them were actually not profitable!At that time, due to various reasons, Del Hui did not think about adjusting.But now that they are losing money, these unprofitable businesses and departments are quite eye-catching!On the other hand, Delhui inherited 25000 workers in GM's parts factory, and also promised not to lay off employees and stop production, and even inherited the high wages that GM paid to the workers!As a result, in 2005, the wages spent on these American workers could add up to 4 million U.S. dollars!They only lost 5 million U.S. dollars back then!

It is said that Del Hui signed a contract with workers, which still maintains the high welfare habit of the GM era. On average, each worker consumes Del Hui 13 US dollars a year!Of course, not all of the $13 is given to the workers. There are various benefits and various insurances for the workers, and such an investment is too much!Even if it is the North American headquarters of Huaxia Hi-Tech, the annual investment for a senior engineer is only a little higher than this price!That's only $15 a year!This is still a high salary of 12 US dollars a year plus a series of benefits such as free lunch in the company!So think about it, the wages and benefits of the grassroots workers in Delhui are almost the same as the senior engineers of Huaxia Hi-Tech. Is it reasonable for Delhui not to lose money?And because of the agreement they signed with the trade union, they couldn't lay off employees!So in 06, they simply filed for bankruptcy protection!

"Bankruptcy protection?" Jia Hongjian was taken aback when he saw this. Bankruptcy protection in 06?Then what does Dazhang mean by telling him...? If it went bankrupt in 06, it should have been sold by now. Why do people from GM ask if they want to buy it?

(~^~)