Start telling crosstalk from Tingyunxuan

Chapter 241 Acquiring Lifan Motors for 800 Million US Dollars? (Fifth Update)

Yang Yunsheng had been to Hongding International before. In his previous life, when he came to Shancheng to perform crosstalk, he and Chen Yuhao had been there.

However, they did not go inside because the police arrested some men and women inside that day.

Otherwise, he would definitely have gone in to take a look at this very famous place in the mountain city.

As for the Fifth District, Yang Yunsheng had heard of it, but he didn't know exactly where in the mountain city it was located.

Anyway, he wasn't particularly familiar with the mountain city; he only knew four places: Hongding International in Guanyinqiao, the Kou Tun Train in Liziba, Ciqikou, and Chaotianmen.

Yang Yunsheng was initially reluctant to agree to go to Hongding International, but Xiong Zheng said that he hadn't been to Hongding International in a long time and that it wouldn't hurt to go and take a look.

Yang Yunsheng hesitated for a long time before finally agreeing.

Yang Yunsheng arrived at Guanyinqiao in the yellow Ferrari of the mountain city and saw that familiar building again.

Above the main gate are the four large characters "Hongding International".

As Xiong Fu led Yang Yunsheng and Xiong Zheng inside, a group of police officers came out of the lobby, arresting another group of men and women.

Some women were wrapped in bath towels, while others were dressed lightly.

Some of the men were wearing shorts, showing off their flabby bodies, while others were dressed neatly, but their zippers weren't zipped up.

Yang Yunsheng and Xiong Zheng looked at each other in surprise, and Xiong Fu also stopped walking.

He chuckled and said, "How about we grab some hot pot nearby?"

In this situation, you definitely can't go inside.

Xiong Fu then led Yang Yunsheng and Xiong Zheng to eat a hot pot in the underground restaurant.

Places like this are usually used for parking lots in Tianjin.

In a mountain city like this, these places could all be shops.

After Yang Yunsheng and the others finished eating, they strolled around the neighborhood for a while.

Xiong Fu said, "Shancheng is a pretty good place. If you go to Xijie, you might be able to find quite a few 'corpses' late at night!"

Yang Yunsheng thought to himself, "Aren't you afraid of getting sick?"

However, Yang Yunsheng had obviously heard of the famous Xi Street.

But he wasn't interested in this place.

I wandered around the neighborhood for a bit, and then went back to the hotel around 10 o'clock.

The next morning, I had breakfast at the hotel.

Yang Yunsheng and Xiong Zheng then headed to Caijia Auto Park.

I saw Xiong Fu at the entrance of Lifan Motors headquarters.

At Lifan Motors headquarters, Lifan cars are parked everywhere.

Actually, Lifan cars have a good design, but the biggest problem is that they consume a lot of fuel and are priced similarly to those Sino-foreign joint venture cars, but they don't have the performance of those Sino-foreign joint venture cars.

Looking at the Lifan cars outside, Yang Yunsheng asked in surprise, "Are all of these unsold?"

Xiong Fu replied with a wry smile, "More or less! After all, we're a motorcycle manufacturer, and we don't really have much of an advantage in the automotive industry. The boss made a wrong decision back then, which led to Lifan Motors' complete failure."

Xiong Zheng's uncle clearly had a deep grievance against the CEO of Lifan Motors.

But the future truly belongs to cars. It's not that no one is buying motorcycles anymore, but rather that the market has become saturated.

In a few years, every household will have cars and electric bikes, and only those who like motorcycles will actually ride them.

At that time, the motorcycle market will become very, very bad.

After all, one uses gasoline and the other uses electricity.

If your motorcycle can't get on the highway, you might as well buy an electric scooter.

The electric scooters will be able to travel fifty or sixty kilometers on a single charge, which is quite good. Upon arriving at the Lifan Group's conference room, Xiong Fu asked Yang Yunsheng and Xiong Zheng to wait while he went to invite the boss.

This time, Yang Yunsheng was led by Xiong Zheng, and he came along as Xiong Zheng's friend. He wouldn't say anything during the negotiations, but he would definitely do a lot of things behind the scenes.

Soon, Yang Yunsheng and Xiong Zheng met with Mr. Yin, the general manager of Lifan Motors.

Xiong Zhengye didn't beat around the bush, because the other party knew his intentions from the beginning.

But Mr. Yin was also asking for an exorbitant price, directly quoting a sky-high price of 1.5 billion US dollars!
It's important to understand that although the other side offered Geely $1.8 billion, Geely was indeed worth that price.

To put it bluntly, although Geely will not be recommended by most people in the future, its sales nationwide have already ranked among the top five, and in many cases, even the top three.

Therefore, Lifan Motors is definitely not worth $1.5 billion.

Xiong Zheng shook his head, saying, "Fifteen billion US dollars, clearly President Yin has no sincerity."

President Yin stood up, shook his head, and said, "Then there's nothing to discuss!"

Having said that, he turned to leave.

Yang Yunsheng stood up, as he was familiar with the current situation of Lifan Motors.

The main reason is that he was quite knowledgeable about cars in his previous life, and Lifan Motors was also within the scope of his knowledge.

Yang Yunsheng said, "President Yin, although I admire your ability to stand up to joint venture car companies, Lifan Group has been losing money every year since Lifan Motors started. I'm afraid the board of directors is already very dissatisfied with you! In addition, the monthly bank loan repayments and the losses from Lifan Motors are currently beyond the capacity of Lifan Group to bear. If President Yin still insists on leaving, then please go ahead!"

President Yin stared intently at Yang Yunsheng, but he did not recognize her.

But how could this guy know anything about what's going on inside Lifan?

Even Xiong Fu didn't know.

That's right. Lifan is currently paying tens of millions of yuan in bank loans every month, and with Lifan Motors also dragging its feet, it's losing tens of millions of yuan every month.

The reason for selling Lifan Motors is that the company can no longer afford the expenses associated with Lifan Motors.

Only when there was no other option did they choose to abandon the Lifan Motors business.

This Mr. Yin was once a person with dreams.

We want to take Chinese-made cars to the world stage.

There are many people with dreams like this, but most of them have failed.

There's no other reason than his arrogance and pride.

The result of being arrogant and proud is that you end up with nothing.

Yang Yunsheng has a thorough understanding of Lifan Motors.

That's firsthand information from later generations, and it won't appear until 2020.

Others might not know, but Yang Yunsheng certainly did.

Lifan Motors will go bankrupt in 2020, and the group has also undergone major changes.

If this CEO Yin doesn't choose to make a drastic decision, then the entire group will be jeopardized in the future.

Mr. Yin remained silent, but finally sat down.

He looked at Yang Yunsheng seriously and asked, "So how much money are you planning to offer to acquire Lifan Motors in its entirety?"

Just as Xiong was about to say 1.2 billion, Yang Yunsheng spoke up.

"Eight hundred million US dollars!"

When Mr. Yin heard the price, he became a little uneasy.

"Eight hundred million US dollars, how can you even say that?"

Yang Yunsheng sat down and said gently, "The price can be discussed further. I can make an offer, and President Yin can raise the price. I believe President Yin is a businessman and knows this."

(End of this chapter)