The car giant started by marrying the daughter of the king

Chapter 227 BMW Technology, Jiang Hui's Big Move
"Director Qin, you are right. The Chaoyang Motorcycle Factory currently does not have any particularly valuable equipment."

"With so many people in the capital unable to find work, workers are undervalued."

"But our factory has hundreds of acres of land, which is very valuable."

"I think it is entirely possible to offer 49% of the shares to attract foreign companies in exchange for an investment of US$100 million."

The company Jiang Hui was going to look for was a Hong Kong-funded enterprise under Zhu Lin's name, so he naturally didn't have to worry about the other party not agreeing to pay the 100 million US dollars.

At that time, some of the equipment can even be purchased directly from abroad, which will maximize the speed of Chaoyang Motorcycle Manufacturing Plant's introduction of new products.

Seeing Jiang Hui so confident, Qin Hao didn't want to discourage his enthusiasm.

"As long as you can really exchange 49% of the shares for a $100 million investment, our Motor Vehicles Bureau will support this plan."

"I will also do the work of the ministry myself."

Now that he has taken the crucial step of factory contracting, Qin Hao must continue moving forward.

Up to now, apart from Jiang Hui who has contracted the Chaoyang Motorcycle Manufacturing Plant, no one has yet contracted the other demonstration factories.

This also made the Ministry of First Machine Industry feel a little pressure.

However, it also invisibly highlighted Jiang Hui's courage and support for the department's work.

"Thank you, Director Qin. I will try to find investment."

With Qin Hao's words, Jiang Hui felt relieved.

The establishment of a joint venture is a sure thing.

The next step is to see if Hou Guoming’s relatives can do anything to help Zhu Lin with his various issues.

……

"Li Ke, why are you here?"

When Jiang Hui returned to Chaoyang Motorcycle Manufacturing Factory, he found that Li Xuewen, the head of the Personnel Department, was waiting for him there.

At the Capital Automobile Manufacturing Plant, the head of the personnel department is also a big shot.

As the head of the personnel department, he is very familiar with all the personnel changes in the factory with tens of thousands of employees.

Although most staff promotions have nothing to do with him, an information gap can reflect a lot of value.

"Director Jiang... Director Jiang, I heard that you contracted the Chaoyang Motorcycle Factory. I was a little curious, so I came to take a look."

Li Xuewen personally handled the employment procedures for Jiang Hui. Unexpectedly, less than three years later, Jiang Hui had already become the factory director.

Although he is not the director of the Capital Automobile Manufacturing Plant, in terms of rank, it is also a director-level enterprise.

So for a moment, he felt a little embarrassed to come over and ask Jiang Hui directly if he needed anyone.

But who is Jiang Hui?

After a little thought, I knew that Li Xuewen couldn't have come here just out of curiosity.

It's working hours now.

This is not the way to slack off.

"The factory is in a state of disrepair right now, and many things need to be reorganized. I just went to the First Ministry of Machine Building to report on things."

"If I had known you were coming today, I would have gone in the afternoon."

Li Xuewen didn't tell him the purpose of his visit, and Jiang Hui didn't ask directly, so the two of them just started chatting.

After chatting for about ten minutes, Li Xuewen couldn't sit still anymore.

"Director Jiang, Hou Guoming and Chen Chenxing also came here with you. What are they responsible for now?"

As the head of the Personnel Department, Li Xuewen naturally knew very well who had left or planned to leave the Capital Automobile Manufacturing Plant.

What he is curious about now is what business Hou Guoming and Chen Chenxing, the two team leaders, will be responsible for after they arrive at the new factory.

This is related to his future position arrangement after he comes to Chaoyang Motorcycle Manufacturing Plant.

"Lao Hou is now the director of our factory's R&D center, and Chen Xing is the director of the production management department."

"Li Ke, I'm still short of a director of the Human Resources and General Affairs Department. Do you have any suitable candidates to recommend?"

Jiang Hui asked tentatively.

He had some idea of ​​what Li Xuewen was thinking, but he was still a little unsure.

After all, he was the head of the Personnel Department of the Capital Automobile Manufacturing Plant, so there was no need for him to follow me out.

"Really?"

After hearing Jiang Hui's words, Li Xuewen couldn't help showing surprise on his face, "Director Jiang, do you think it's okay for me to be the director of the Human Resources and General Affairs Department?"

Now that the conversation has come to this point, Li Xuewen naturally doesn't want to be polite anymore.

Otherwise, it would be a pity if you missed the opportunity.

My eldest son’s marriage can’t be delayed any longer.

"If you are willing to come, I will definitely support and welcome you with both hands and feet."

"But Chaoyang Motorcycle Factory is not as good as Capital Automobile Factory. All our employees combined only have more than 200 people."

Jiang Hui really needs an experienced and trustworthy person to take charge of personnel and general affairs.

Not to mention personnel matters, there are so many things related to general affairs that it is better to have someone who is capable of doing the job in charge.

Otherwise, trouble may arise accidentally.

"No problem. I believe that under your leadership, Director Jiang, the future of Chaoyang Motorcycle Factory will definitely be bright."

Li Xuewen breathed a sigh of relief.

I have achieved my goal today.

"Li Ke, excuse me, why did you leave the Capital Automobile Factory?"

Jiang Hui knew that his charm was not great enough to attract a person like Li Xuewen to come to him.

There must be a reason behind this.

Without clarifying this point, he would not dare to use Li Xuewen casually.

Who knows if there is a big thunder behind it.

"To be honest, I did this for the children."

Li Xuewen sighed and said, "He was originally planning to get married, but his girlfriend's family disliked him for not having a job."

"But you know how difficult it is to find a job right now."

"I have already arranged for two of my sons to work in the factory. There is really no way I can arrange for him to work in our factory again."

"So I thought about retiring and giving him the position."

After hearing what Li Xuewen said, Jiang Hui immediately understood.

There are quite a few similar things happening in this era.

Many technical backbones in their forties and fifties are still able to work, but for the sake of their children, they choose to retire early.

Many of the earliest technical talents in private enterprises in later generations were discovered from these early retirees.

And in the next few years, things like this will only become more and more frequent, not less.

"Parents are kind-hearted. Minister Li, you are welcome to join Chaoyang Motorcycle Factory at any time."

"After you come here, your basic salary will remain the same as before. When the situation in the factory improves, your salary will be increased."

"I can guarantee that you will not regret the choice you made today in the future."

Jiang Hui stretched out his hand and shook Li Xuewen's hand tightly.

Sleepiness meets pillow.

Just when I was worrying about the issue of core talents, Li Xuewen came.

As the head of the Personnel Department of Capital Automobile Manufacturing Plant, with Li Xuewen's arrival, it will be much easier to poach people from the factory in the future.

At least we can ensure that the talents we recruit are truly talented.

……

"Director, my brother called me yesterday and said Zhu Lin's immigration has been settled, and someone has been asked to prepare for the company registration."

Hou Guoming knew that Jiang Hui was very concerned about this matter, so he specifically asked his elder brother to pay attention to it.

"Great! I just reported to the First Ministry of Machine Building about the establishment of a joint venture."

Jiang Hui doesn't want to delay the development of the factory at all now.

Nowadays, the efficiency of doing things is often not very high, and many approval procedures require a relatively long process.

It would definitely be better to start early.

"Our Shijie doesn't have a talent for studying. After studying in Hong Kong for a while, he didn't feel very comfortable. Instead, he was quite interested in doing business and making money."

"Why don't you let him go to your company to learn first?"

Jiang Hui had mentioned this matter to Hou Guoming before, but at that time Hou Guoming was not sure what to do.

Now that my son doesn't want to study, it is necessary for him to find a job.

Although his elder brother could also help him, he always felt that following Jiang Hui would give him a more promising future.

As far as the technical knowledge that Jiang Hui has mastered is concerned, it will be only a matter of time before he has a chance to shine.

"No problem. Zhu Lin will be the nominal general manager and we will recruit a deputy general manager from outside to be in charge of the actual business. Shijie will work with this deputy general manager and can take over his job in the future."

Jiang Hui agreed without any hesitation.

It is nothing more than a shell company. At most it will have some import and export business in the future, but it does not have any core technology.

There is no problem at all in arranging a child for Hou Guoming.

Besides, Hou Guoming helped me solve several big problems. If I give him some appropriate rewards, the relationship between the two sides will become better.

"Thank you, Director. I'll call him back later."

……

Now that things have a direction, we naturally have to work towards that direction as quickly as possible.

Seeing that the preparatory work in Gangcheng had been completed, Hou Guoming's elder brother helped recommend a deputy general manager.

Judging from the information, this woman named Fang Huihui has a pretty good resume, but she had been out of the workplace for two years because she was divorced and had to take care of two children.

When I wanted to return again, I found that I couldn't find a particularly good job.

At this time, a newly established company invited her to be the deputy general manager, and the salary offered was better than her previous company, so she naturally had no objection.

"Xiao Jiang, your motorcycle is very simple in design, and all parts are produced using common processes as much as possible, so the cost can be kept relatively low."

"Even if it doesn't become a big hit, it will definitely occupy a place in the market." "But since you are planning to export, you need to consider more things, so that others won't take advantage of you after you earn foreign exchange through export."

Zhu Jiansheng's vision has also changed a lot in the past two years.

Especially after being exposed to more foreign information, the changes in the whole person are even greater.

"That's true. I didn't think about it that much before, but now I think it's better to make more preparations."

"I plan to let the newly established BMW Technology Co., Ltd. in Hong Kong register the BMW brand car and motorcycle trademarks, and then I will directly use the name of BMW Technology to cooperate with Chaoyang Motorcycle Factory."

"By then, the trademark and technical data will belong to them, and even the newly invested equipment will be from BMW. Even if others want to reap the benefits, it won't be that easy."

"This will also be beneficial for our subsequent export business, as Chaoyang Motorcycle Factory is just a contract manufacturer."

Jiang Hui quickly came up with a solution.

Even Zhu Jiansheng felt it necessary to take precautions, so he had even less reason to hesitate.

Anyway, the new motorcycle is designed by ourselves, and Chaoyang Motorcycle Manufacturing Factory has nothing now.

Apart from the qualifications and the land which are of some value, the other things really have no special meaning to Jiang Hui.

If the cooperation is unsatisfactory in the future, or there is no way to acquire shares, BMW Technology can completely set up a new factory in Shenzhen, and then it will have more options.

"That would be great, but do you have that much money to invest in the shares?"

"Whether it's buying the equipment and then buying shares, or other methods, according to previous estimates, we will need to provide about $100 million in funding in the end."

Zhu Jiansheng knew that Jiang Hui was rich, but that was only relative to ordinary people in China. If it came to factory investment, it was not enough.

"Dad, there's something I haven't told you before, and now the time is almost ripe."

Jiang Hui knew that this issue would have to be brought up sooner or later and there was no way he could keep it secret any longer.

"whats the matter?"

Zhu Jiansheng looked at Jiang Hui with great curiosity. He was not sure what trick Jiang Hui was going to use next.

"The last time I went to America, in addition to designing a pickup truck for General Motors, I also sold the patent for the integrated wheel hub bearing to SKF for $310 million."

“Also, the car model designed for General Motors is not $10, but $100 million.”

"Of the $410 million, I took out $400 million and asked someone to help me invest in the crude oil futures market."

"It just so happened that the Iran-Iraq War broke out, and the price of crude oil skyrocketed, and the $400 million turned into almost $1200 million."

After hearing what Jiang Hui said, Zhu Jiansheng was stunned.

$1200?
This is definitely an astronomical figure.

Their college's annual funding is not even as much as 1200 million US dollars.

Even many provinces do not even earn 1200 million US dollars in exports in a year.

As a result, Jiang Hui told him that he had earned 1200 million US dollars.

This is really incredible.

"1200 million dollars? Are you sure you didn't say an extra zero? How did 400 million dollars become 1200 million dollars so quickly?"

“The price of oil hasn’t risen that much, has it?”

Zhu Jiansheng, a science and engineering man, could not understand the operations in the financial market at all.

"It's like this..."

Jiang Hui quickly explained the situation to Zhu Jiansheng, which silenced Zhu Jiansheng.

He really couldn't keep up with the pace.

"So you're withdrawing all $1200 million from the futures market and investing it in the stock market?"

It took Zhu Jiansheng a while to digest it before he recovered.

"Yes, the companies we bought, such as IBM and Intel, are giants in the American computer industry and have unlimited prospects."

"Of course. For this joint venture, I wrote to the person in America some time ago and asked her to help sell some of the shares. Then I will transfer 200 million US dollars to the BMW Technology account in Hong Kong City."

Jiang Hui basically explained all his arrangements overseas to Zhu Jiansheng.

If I don't explain it clearly, Zhu Jiansheng will probably have all kinds of questions in his mind.

Anyway, it's not something shameful. I didn't mention it before mainly because I was afraid that the other party might not understand some risky actions.

"Xiao Jiang, you have done so many scary things without saying anything. I don't know what to say."

Zhu Jiansheng sincerely felt that he could not understand this student and son-in-law.

It’s bad enough that his professional and technical level is higher than mine, but how come he also understands things like financial investment?

Are some people really born with knowledge?
"Dad, anyway, this is a good thing, right?"

Jiang Hui didn't want to explain so much, and he couldn't explain it.

Things like crude oil futures are not taught in any major at Capital University of Technology.

But Jiang Hui dared to have fun when he went abroad for the first time.

The key is that he played so big and eventually made $800 million.

If this matter were to spread, I don’t know how much of a sensation it would cause.

"Forget it. Although you are still young, you have more ideas than many people. If you think it is feasible, then go for it boldly."

Zhu Jiansheng felt that he should not interfere with Jiang Hui's decision.

He didn't understand many things and interfered recklessly, which ultimately affected Jiang Hui's development.

What he needs to do is to increase his influence as quickly as possible and become a member of the Chinese Academy of Sciences as soon as possible.

Considering the current hot sales of Hummer military vehicles, this dream is not too far away.

Senior management has realized the importance of the automotive industry.

Look at Germany and Japan, both are major automobile countries, and the automobile industry has affected all aspects of the national economy.

Moreover, if the automobile industry develops well, the related industrial chains will also be able to develop.

All walks of life in China can enjoy great benefits.

……

After settling the matter with his father-in-law, Jiang Hui began to formally prepare for the joint venture, and even went to Hong Kong with Zhu Lin during the period.

Of course, I must go there in the name of visiting relatives.

After all, Zhu Lin is now a female entrepreneur from Hong Kong, so there is naturally no problem in the procedure for Jiang Hui to visit his wife.

Of course, if you look into it more deeply, the matter may be different.

By December 1980, BMW Technology officially arranged for Deputy General Manager Fang Huihui to come to the capital to discuss the joint venture.

It’s called a negotiation, but in fact it’s just going through a process.

The conditions were all prepared by Jiang Hui in advance, and there was nothing to negotiate.

What is the point of all the talk between the left hand and the right hand?
"Boss, BMW Technology in Gangcheng is willing to invest in Chaoyang Motorcycle Factory at the cost of a brand new motorcycle design data and related equipment."

"Jiang Hui has already confirmed with the other party that the equipment from BMW Technology is worth about $50."

"After the investment, BMW Technology holds a 49% stake in Chaoyang Motorcycle Factory."

"And the other party is willing to continue to take out 50 US dollars to serve as the operating funds of Chaoyang Motorcycle Manufacturing Plant to officially start the mass production preparation of new products."

A special meeting is taking place inside the First Ministry of Machine Building.

Jiang Hui and Qin Hao have already reported the matter of the joint venture.

This time, Qin Hao reported to Zhou Jian on behalf of Jiang Hui.

"BMW Technology spent so much just to acquire 49% of the shares of Chaoyang Motorcycle Factory. Isn't this condition too good?"

After listening to Qin Hao's report, Zhou Jian's first reaction was not that the Hong Kong side's conditions were too harsh, but that they were too good.

Not only products and equipment are given away, but also funds.

It's simply about getting the Chaoyang Motorcycle Manufacturing Plant up and running.

"There is a reason for this. Xiao Jiang made a significant contribution."

"The general manager of BMW Technology is Zhu Lin, Xiao Jiang's wife, but she recently immigrated to Hong Kong City."

"From what I understand, this should be related to his subordinate Hou Guoming, who has many relatives overseas."

"According to Jiang Hui, part of the investment funds for BMW Technology came from Hou Guoming's relatives, and part of it was attracted from other investors. However, since the main investment target was the mainland, Jiang Hui's daughter-in-law was appointed as the general manager."

Qin Hao took out the report that Jiang Hui gave him and explained it.

Although it sounds a bit difficult to understand, it is at least a reason that allows everyone to barely understand this matter.

Besides, for this cooperation, Zhou Jian didn't think that Chaoyang Motorcycle Manufacturing, a company on the verge of bankruptcy, would be worth deceiving.

"Besides providing these good conditions, does BMW Technology have any other requirements?"

In fact, Zhou Jian had already agreed to this joint venture in his heart.

For the Ministry of First Machine Industry, it was just a motorcycle manufacturer of no value. If it could grow and develop through the joint venture, it would have great demonstration significance.

In the future, it should be much easier for the Ministry of First Machine Industry to attract foreign investment.

"Since we use the other party's brand and design, we need to pay a 5% technical commission to the other party for each motorcycle."

"This technology commission fee is 5% of sales, even if Chaoyang Motorcycle Manufacturing Plant has been making losses."

"After looking around, I think this condition is a little harsh."

Qin Hao directly told everyone what he knew.

At this time, it is definitely better to make the situation as clear as possible to avoid any confusion later.

"It costs money to research new projects, and they are also responsible for overseas exports. A 5% technology commission is not unacceptable."

Zhou Jian has traveled abroad for inspection many times in the past two years and has a relatively good understanding of some international situations.

People won't give you their technology for free.

Even some time ago, when the issue of patent law in the country was a hot topic, he was still one of those who supported the establishment of patent law.

It is also because of his support that the Patent Law will soon be promulgated.

This time should be several years earlier than the same period in history, and to a certain extent it also provides a better technology development environment for domestic technical personnel.

"Then our bureau has officially approved the joint venture plan of Chaoyang Motorcycle Factory?"

"Approve it! The Ministry should also use the stamp!"

(End of this chapter)