My Lord, you need to stand up!
Chapter 772 A result reached through discussion is the key to business.
Chapter 772 A result reached through discussion is the key to business.
This very clear new approach directly inspired the president, who had been putting on airs and not showing up, to come out for a face-to-face meeting.
It was at this moment that Wei Dong noticed the other party's somewhat arrogant attitude.
Begin to focus on observation.
After all, he's over sixty years old. We started talking around seven or eight in the afternoon, which was already the end of a busy day, and now we're starting another round of work.
When you're not in good energy, you don't have as much to hide.
Rang Weidong is a twenty-three-year-old young man known for his super-energetic nature.
“I will bear all the construction costs of the contract manufacturers, and in the end I will only take the sales commission. I will not seek shares. Of course, according to mainland law, 51% of the shares of these supporting factories, component factories and production factories belong to the state and 49% belong to you. I can guarantee the operation of the company’s assets. My current cooperation with Apple has generated more than one billion US dollars in revenue this year. These funds have been circulating in Citibank. If there are any problems, you can apply to have these assets of mine seized as collateral.”
He wanted to acquire these production lines without spending a single penny in mainland China, so that he could fully establish a scale for the localization of automobile production.
Of course, he can afford to pay a symbolic dollar or something.
It doesn't matter if products like transmissions and engines can't be 100% domestically produced immediately.
There's always a gradual process involved.
The CEO narrowed his eyes: "Are you very confident about sales in Southeast Asia?"
Wei Dong patted his chest and said, "Absolutely, without a doubt, their foreign exchange controls aren't as strict as those in mainland China. There's already a lot of daily dollar circulation, and car tariffs are as low as 10-20%. Citibank is very powerful in these regions..."
But the president still revealed his desire for fame: "But I want to open up the Chinese market even more. Southeast Asia is not that important. I hope to become the largest car dealer, the largest seller, the earliest entrant, and the most important partner of Citigroup's three major automakers in China!"
Did this make Wei Dong start to notice the other party's eagerness to inflate their data?
This trend only became apparent in the NBA basketball arena two or three decades later.
How well the team plays doesn't matter, I just need to rack up enough stats on the court.
For example, if there are only 40 seconds left and you are about 4 or 5 points behind, the most standard approach is to seize the time to shoot a three-pointer or a 2+1, even if the opponent immediately scores two points back, you can catch up.
No, the prevailing trend was that I would seize any opportunity to shoot a layup for the safest two points, and the defense would generally ignore such shots in order to avoid getting fouled.
So the team lost, but this player racked up a very impressive number of goals and a very high shooting percentage.
This way, they can boast everywhere to increase their value, endorse products, and attract the vast majority of fake fans who don't understand football.
Honestly, if Wei Dong weren't a basketball fan, he wouldn't have noticed this detail.
Several consecutive words with the word "most".
It reveals the other person's mindset.
Now, looking at it from another angle, why did the State Economic Commission and the public intervene, and why was this side so eager to immediately sell the production line for one dollar?
In reality, not many cars can be sold in mainland China right now; the mainland market alone is not enough to support this urgency.
The most likely reason is something else entirely.
Wei Dong was just as cunning and calculating as his opponent, but with the energy of someone in their twenties. Even though their IQs were significantly lower, they had been facing top-tier experts in recent years.
They still managed to hone their combat capabilities.
"Jeep was one of the earliest joint venture brands to enter the Chinese market. They started negotiations in 79, and the factory was established in 85, which was earlier than Volkswagen Santana. The important thing is that it is the largest car brand, so it has to be based on scale. How large can an assembly plant be, especially one located in the capital city..."
Indeed, Wei Dong clearly observed that when Qin Yuye translated these words, the president's eyes lit up.
He's clearly very interested in this.
He immediately probed, "I'm telling you from the bottom of my heart, it's not appropriate to have a car factory in the capital. Can you imagine having a car factory in Washington, D.C., and just a few kilometers from the White House...?"
He would deliberately leave things unsaid, subtly probing what the other person was most interested in.
Sharp!
The elderly man, in his sixties, stared wide-eyed when he heard that the Cherokee factory was located in such an unbelievable place!
She even asked the people next to her in a somewhat exasperated manner.
Even without Qin Yuye translating, Wei Dong could tell that he was seeking confirmation.
That's right, none of us here have ever been to Pyeongjong or inspected the Cherokee plant.
It was only at this point that Wei Dong and Qin Yuye learned that Chrysler's acquisition of Jeep had only been completed this year, and they hadn't even had a chance to inspect the only joint venture plant in Asia.
They only just realized that Rang Weidong was the vice president of the factory.
Wei Dong began to tirelessly explain the factory's location in the capital, its location within the city, and how he had already invested in building a brand-new car factory on the outskirts of the city, near the airport road, and how large it was.
Then he immediately heard the president demand: "We can't move! We have to stay there!" Wei Dong was both amused and exasperated: "That's because the previous car factory was there. The area was barely enough to house a final assembly plant, let alone the other supporting factories. Moreover, without relocating to the new factory area, the old city renovation could not be completed."
The president actually said, "We'll spend the money to renovate it. We'll build the largest automotive headquarters in Asia. We'll move all the supporting factories to the suburbs, but we'll still build this headquarters building."
Wei Dong could even detect a hint of You Qili's ambition and eagerness for quick success!
Do you Citibank businessmen do this too?
He's different in this respect; he reads a lot of jokes online and knows not to believe the Western values spread by popular publications like "Epic of the Ages" and "Reader's Digest".
There are rumors that Europe and America don't have vanity projects, bribery, or social niceties.
I'm still a bit surprised, but I held back and continued to discuss it: "It's possible, but it's very difficult. I've already invested in it, so I can't say for sure. Come on, let me draw a diagram and you'll understand."
First, draw the palace, then mark how far away the car factory is, and explain the idea of demolishing the factory area to build residential buildings, and gradually clearing out space next to it to build a car building: "But these plots of land belong to the state, and to certain automotive departments. In my opinion, it is impossible to hand them over to foreign companies to build buildings. But I don't know how Wanmad Group managed to get a plot of land in this location to build a hotel..."
Everyone present was amazed when they saw the sketch of the palace so close to their doorstep.
The CEO was even more delighted, saying he would definitely find a way.
Wei Dong deliberately laid out this bait; no matter who you find to get the permit, in the end you'll still have to find a local partner.
And who could be more suitable as a partner than him?
It's like he's encouraging foreign businessmen to help him with the business.
Qin Yuye was already used to it.
When Wei Dong first arrived in Hong Kong, he dared to chat fluently with Hong Kong business tycoons like Lao Heng and Uncle De.
Now they are not afraid of facing automotive giants.
People thirty or forty years from now won't be trembling with fear when they see these things.
Conversely, this attitude of being neither humble nor arrogant makes it easier for others to treat you as an equal when you interact with them.
Until the very end, it was decided that all the components for the Cherokee plant would be moved to Pyeongkyo.
Several high-ranking officials even applauded in a somewhat obsequious manner, urging the president to cut the ribbon and make an appearance in Beijing as if he were inspecting territory.
Wei Dong then gestured for Qin Yuye to take out the small photo album that she always carried with her: "Is that so?"
Back at the hotel, Qin Yuye said she never imagined that the group photo would reach this level!
The Citibank Vice President, she's standing in the middle of these leaders.
In reality, she was responsible for translating and introducing automotive terminology, as well as details about the factory's production lines.
This kind of photo opportunity with political bigwigs, which is very popular in Western countries, makes her seem to be in a very comfortable position.
She was originally a Hong Kong businesswoman, so her confidence and demeanor were impeccable.
The CEO immediately took it and examined it repeatedly, putting on his glasses to scrutinize it carefully.
Wei Dong even noticed that he wasn't really looking at the mainland side; his gaze seemed to linger more on the deputy commander.
You don't mean you want to go into politics, do you?
Anyway, Wei Dong had never heard of this commander's name before. It seemed that the other party was already planning to go to Pingjing to increase his political leverage. He was arrogant, thinking that his arrival in a poor place was a great honor.
Finally, he reminded them: "But don't forget, someone came to talk before and it went very unpleasantly. And I heard that even when the Economic Commission came, the President didn't even get a meeting... The Economic Commission is a very powerful agency, the Economic Committee, you know."
I don't know what words Qin Yuye used to translate it.
The president's expression changed, and the others dared not utter a sound.
Wei Dong was not afraid, not even if the deal fell through, so he was completely fearless: "From the beginning, I made it very clear that business is about mutual benefit. I know that some people in our country don't have this mindset when it comes to business, but you also have an arrogant side. So both sides need to reconcile. I will have to put in a lot of effort to communicate with you, so I also hope that you can keep your business promises, especially the reputation you have already abandoned. This time, you need to put sincerity first."
That's the key point he made.
The humiliation the Economic Commission suffered earlier has now become a bargaining chip.
You've already made a mistake. If you want to salvage the situation, you need to show enough sincerity.
Of course, what he was thinking was that you should just hurry up and dismantle the supporting factories to assemble the parts, and stop whining and making demands, because I can cover for you.
Before I could explain in detail, someone on the other end interpreted it as meaning that way: "Then could you act as a go-between and we can make contact with him..."
Wei Dong almost burst out laughing: "Do you think this is some small African country? I will never get involved in such a stupid thing. By the way, the other party is about to be transferred to a place similar to the largest commercial city in the mainland, a place with a status similar to New York. The entire industrial chain of Volkswagen Santana will be set up there. Don't try to do these petty tricks!"
The president then went all out: "Then we'll also establish a complete automotive industry chain over there!"
What's one of the Thirty-Six Stratagems? Is it "luring a tiger to drive away a wolf"?
Having just lost business to Volkswagen, Chrysler, upon hearing that there was an opportunity to directly confront Volkswagen, immediately made up its mind!
(End of this chapter)
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