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Chapter 1289: Fish and Clams Fight

Chapter 1289: Fish and Clams Fight
As we all know, relationships where both parties are together are always the most successful.

Therefore, the negotiations between Su Group and Qinchuan Factory went very smoothly this time, and both the local and military production departments were very supportive.

But in the end, an inevitable and very serious disagreement arose, because the Su Group wanted to directly acquire 100% of the shares of Qinchuan Factory, while Qinchuan Factory wanted to retain 49% of the shares.

At this moment, Qinchuan Factory Director Chen Xu was truly troubled. He felt that the demands put forward by the Su Group were too difficult to accept. "Mr. Su, we at Qinchuan Factory really don't understand why you are so insistent. Isn't it possible that letting Qinchuan Factory retain 49% of the shares could be a win-win situation?"

"Director Chen, our Su Group has been wanting to build cars for a long time. We have also accumulated enough technology and start-up capital for this. If we did not want to create a purely domestic private enterprise, our Su Group's cars might have already entered the automobile market." However, Suning was very persistent. After all, this was the only way to avoid trouble.

"The strength of your group is obvious to all. This is also the fundamental reason why our Qinchuan Factory is willing to cooperate. However, it is impossible for you to acquire the Qinchuan Factory in full."

"Director Chen, let me be frank. Are there any car brands in China that are still well-known for export? Or what kind of technology has the Qinchuan factory developed over the years?"

"This..." As expected, as soon as Suning finished speaking, everyone present looked unhappy.

"Of course! I'm not saying this to embarrass you all. Instead, I want everyone to understand a common understanding: exchanging market for technology has been proven to be a failure in the automotive manufacturing industry. What our Su Group needs most from the Qinchuan Automobile Manufacturing Plant is simply the qualifications to manufacture cars."

Seeing the Qinchuan factory leaders suddenly pause, the Xi'an local leaders participating in the negotiations looked at Su Ning in confusion, "Mr. Su, can I now understand that if the Su Group completes the acquisition of the Qinchuan factory, the next step will be to move the Qinchuan factory to the southeast coast?"

At this time, Suning still did not hide his true plan. Building a production base in a coastal city is the most convenient. "Not accurate! Our Su Group is indeed planning to build an automobile production base in the southeast coast. After all, this will facilitate the marketing and transportation of automobile brands. As for the Qinchuan factory in Xi'an, it may be temporarily suspended. When we need to expand into foreign markets such as the Middle East, we will consider restarting the Qinchuan factory."

"Mr. Su, not only is your group's share distribution difficult for us to accept, but your treatment of the Qinchuan factory workers is also unacceptable. This is because your Su Group simply does not respect the workers of our Qinchuan factory."

"Our Su Group is a purely private enterprise. Retaining only qualified workers is our way of survival. We absolutely cannot allow the existence of such a big pot mentality."

"This……"

"Also, I wonder how much Director Chen and Leader Qi know about industrial robots?"

"Industrial robots?" Sure enough, the leaders of the Qinchuan factory and the local leaders of Xi'an looked at each other in confusion.

At this moment, Su Ning immediately instructed Huang Yimei beside him, "Yes! Rose, play that video."

"it is good."

Then, assistant Huang Yimei opened the laptop he brought with him, and with a few simple operations, it played images of a foreign automobile manufacturing plant. The workers in the images had been replaced by cold industrial robots.

As the video played, Suning gave a concise explanation. "Our Su Group's automobile manufacturing base adopts a purely mechanized model, which naturally minimizes the need for manual labor. Furthermore, the development focus of our Su Group's automotive projects will be on new energy vehicles."

"Huh? New energy vehicles? They're still just in the conceptual stage, right?"

"No! Our Su Group has already made achievements in new energy batteries, and we will turn this concept into reality. The next video will show our latest advanced batteries and product types. All performance and stability have reached the standard requirements of new energy vehicles."

"Mr. Su, we admire your group's ambitions, but we still can't reach an agreement on share distribution and the aftermath of the Qinchuan factory workers."

Su Ning naturally understood why the Qinchuan factory and the Xi'an local government insisted. He finally took a step back, looked at the crowd and said, "The issue of worker rehabilitation and takeover is the bottom line of our Su Group. As for the share distribution, we can make some concessions. We will first acquire 75% of the Qinchuan factory's shares, and then repurchase the remaining 25% over three years."

"This……"

"Director Chen, this is the bottom line of our Su Group's negotiations. If your Qinchuan Factory is really unwilling to accept it, we can only think of other ways."

"Mr. Su, we are all smart people. Currently, only our Qinchuan factory in China meets the requirements, right? So your group really doesn't need to say anything about having a backup plan."

"That's right! Currently, only your Qinchuan factory meets the requirements in China. If it were two or three years earlier, there might have been a Deyang factory. However, our Su Group can abandon its obsession with domestically produced cars. We only need to create a Hong Kong-funded brand in Hong Kong, and then build a large-scale production base on the southeast coast. It's very simple, and there will be more favorable tax policies."

"Uh?"

"Everyone, it's my personal obsession to create a purely domestic private enterprise and automobile brand. If I really can't realize this wish, I will have to settle for the next best thing."

"Mr. Su, is it really true that we can no longer discuss this?"

However, Suning was too lazy to argue anymore and looked at the people in front of him and said, "I have been in Xi'an for three days. I can stay for two more days at most. I hope Qinchuan Factory can give me a reply within two days."

"Huh? Okay! We'll definitely get back to you as soon as possible."

Finally, Suning asked Huang Yimei to take out the "gifts" she had brought this time, simply to convey her strength to the leaders of Qinchuan Factory. "In addition, these twenty mobile phones are our Su Group's own brand. Their quality and performance are not inferior to Nokia and Motorola. I would like to ask you leaders to help try them out and provide feedback to our Su Group."

"Okay! Thank you for the gift from your group."

"Haha, it's not really a gift, but customer feedback is very helpful to our product."

At this time, Suning has revealed the last bottom line of the Su Group. Of course, the leaders of the Qinchuan factory present can all sense it, so these twenty mobile phones from Suning are also a statement. If the negotiations fail in two days, this acquisition may really fail.

……

Then Suning and Huang Yimei returned to the five-star hotel where they were staying. However, it was not until this time that Huang Yimei expressed his concerns, "Suning, will the Qinchuan factory agree to our conditions?" "It's hard to say! In fact, not only the issue of shares and the aftermath of the workers are obstacles, but the local government of Xi'an also does not want the Qinchuan factory to relocate. After all, the huge Qinchuan factory still has a great impact on taxation." At this time, Suning shook his head pessimistically. After all, this acquisition case can be said to involve a wide range of aspects.

"What if the talks fall through?"

"Then we'll really give up on this acquisition! The group will then go to Hong Kong to register a Hong Kong-funded brand. Hong Kong Island has already returned to China, so we can just set up production in China."

"Suning, I feel like you're being too stubborn. If our group truly has enough capital and technology, we can just go to Hong Kong as a backup plan, or register a brand overseas. There's really no need to insist on domestic brands."

"Ah! Maybe! After all, everyone has their own obsessions."

"..."

At the same time, the Qinchuan factory and the local Xi'an were in heated discussions, and closed-door meetings were held one after another. The new energy vehicle information and factory construction plan left by the Su Group were read over and over again. The final result was that the more they read these materials, the more they felt the importance of the Qinchuan factory in the future.

The local leader in Xi'an specifically called Director Chen of the Qinchuan factory and asked, "Director Chen, after these recent interactions, do you think Suning and the Su Group are scam companies?"

"Impossible! Leader, the Su Group's strength is unquestionable. The 88-story headquarters building located in the third ring of Beijing is the best proof. In addition, their Su Museum also proves their immense strength. You know, collecting precious antiques that have been lost overseas is not an easy task."

"That makes sense."

"Boss, this is a domestically produced phone given to me by Su Ning, CEO of the Su Group. I used it all night and it's on par with Nokia and Motorola. This proves that the Su Group isn't the scam we imagined. Furthermore, the Su Group hasn't made any requests for bank loans or other policies, so I think this can completely dispel any doubts."

"Well, although this acquisition is indeed mutually beneficial, the conditions proposed by the Su Group are still too harsh."

Then Director Chen of the Qinchuan Factory spoke of their plan. "We at the Qinchuan Factory think so too. Coincidentally, another private enterprise has recently contacted us, also wanting to acquire our Qinchuan Factory. So, I think we can have a fierce competition."

"Oh? Which company? How strong is it?" Sure enough, Director Chen's plan aroused great interest from the senior leader.

"Biadi! A company specializing in the battery industry."

"That's right! It's a good idea indeed. A daughter is sought after by hundreds of families. The Su Group thought that no one wanted the Qinchuan Factory, which gave them a savior mentality."

"That's right, leader! Our Qinchuan factory has already contacted BYD, and they've agreed to send a team to Xi'an as soon as possible. This will definitely put negotiating pressure on the Su Group."

The senior leader looked at Director Chen with great satisfaction, and already had the idea of transferring Director Chen to the local area. "Alright! Go ahead and do it! Although your Qinchuan Factory is a military enterprise, we at the local level will do our best to support you."

"Thank you, leader."

The Qinchuan factory acted very quickly and soon contacted BYD Company. BYD Company also sent a large negotiation team, which was far larger than the size of Suning and Huang Yimei.

The successive major actions of Su Group and BYD Company naturally caused a sensation in the economic sector. At the same time, Qinchuan Factory was also artificially hyping itself up in order to raise its own value. Soon, Qinchuan Factory became the explosive news in 01.

Suning's assistant Huang Yimei walked up to Suning and said, "Suning, I have two pieces of bad news."

"Oh? Isn't it just that Qinchuan Factory contacted BYD Company?" Suning looked at Huang Yimei with some indifference.

"That's right! BYD's negotiation team has arrived in Xi'an. This time, not only did the Qinchuan factory's leaders come to greet them, but even the local Xi'an government sent a high-ranking official to the airport. Furthermore, the Qinchuan factory also accommodated the BYD negotiation team at our hotel."

"Oh? It seems that Qinchuan Factory has really invested a lot of money. You know, the cost of a five-star hotel is not low."

"The second piece of bad news is that our Su's Museum has been in the news. Director Wang of the museum, along with a group of antique experts, has accused our museum of serious fraud and counterfeiting. They also pointed out that the large Yuan Dynasty blue and white double dragon playing with a pearl dish on display at the Su's Museum is a fake, saying that the authentic one is now treasured in the collection of the Palace Museum. This public opinion is really unfavorable to our Su Group."

"Interesting! In fact, the Su Museum also has a large Yuan Dynasty blue and white plate with double phoenixes and peonies. If we take that out, it will drive them even more crazy."

"Huh? Since the collections of our Su Museum are authentic, should we contact the media to issue a press release?"

"No need! These are just small matters! Now that the Qinchuan factory has a better buyer, it's meaningless for us to stay in Xi'an. Just give the Qinchuan factory a call and tell them there's an emergency in Beijing. We'll fly back to Beijing tonight."

"Okay! I'll make the call right away."

"Also, before you leave, go to the front desk and pay our room bill for the next few days."

"Huh? Isn't this the one Qinchuan Factory hosted for us?"

"Humph! Do I need to give others an excuse about money? Besides, the room rate of a five-star hotel is indeed not cheap. I can't let the workers of the Qinchuan factory call me Suning shameless."

"Okay! I know what to do."

Then Su Ning and Huang Yimei really notified Qinchuan Factory, paid all the room fees for the past few days, and boarded the flight back to Beijing that night.

……

(End of this chapter)

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