Manufacturing Empire in the Valley

Chapter 844 Gambling Agreement
Niu Xiaoqiang said sternly: "Your Excellency's words are reasonable. Because of this, I will seize this opportunity and take the initiative to ask for a stake in your company. But having said that, I don't necessarily want to get involved in the American automobile manufacturing industry. I can completely rely on China's low labor costs to produce domestically, and then export the produced cars to the United States. Even if the cost of customs duties is discarded, I believe that my products still have a great price advantage when facing American counterparts , so my needs are not that urgent, there are many options for me, but not for you, your needs are much more urgent than mine, so I think you should make appropriate concessions."

Packard has long seen that Niu Xiaoqiang is not easy to deal with. Now that Niu Xiaoqiang's words are so sharp, he can't help but frowned, and after thinking for a while, he said: "Then according to what you think, how big should I be?" Is it appropriate to make a concession?"

Niu Xiaoqiang stretched out two fingers: "If you reduce the shareholding ratio to 20.00%, I think it is the most appropriate choice."

Packard shook his head immediately: "This is absolutely not possible, my concession is too great."

Niu Xiaoqiang had expected that Packard would not agree, he moved his head forward, and said in a very low voice: "Your Excellency, don't think that 20.00% of the shares is too low, to tell you the truth, I am not a person who likes People who play small things, once I become a shareholder of your company, I am confident that in the next two years, your company will change from negative assets to positive assets, and then within the next three years, your company will become a company with assets exceeding 2000 million yuan. It only takes five years, and you can change from a negative man to a rich man with a net worth of more than [-] million U.S. dollars, which is definitely a super high return for you."

Cui Xi was dumbfounded, she didn't expect Niu Xiaoqiang to say such a thing, and couldn't help interjecting: "Mr. Niu, the American automobile manufacturing industry is not as good as you imagined, and the three major automobile groups have already divided it up. Unless it is a super company with the same strength as Honda or Toyota, there is no way to take the cake from them.”

Tracy's hidden meaning is very clear: you only have a small car factory under your name, and you don't even have the qualifications to have a direct dialogue with those behemoths. How can you have the confidence to say such a thing?

Niu Xiaoqiang didn't want to promote his confidence too much, because no matter how much he said, it was equivalent to empty words in the eyes of others.He looked at Tracy with a half-smile: "Miss Tracy, if you doubt my ability, we can discuss business in another way."

Tracy asked curiously, "What's another way?"

Niu Xiaoqiang replied very seriously: "It's very simple, I can sign a VAM agreement with your company, and write all the conditions mentioned just now into clear terms. As long as I fail to do so, I can give up all the shares and help You repay all the loans owed to the bank, if I do, Mr. Packard can only own 15.00% of the company's shares, what do you two agree?"

VAM agreements are legally recognized in the United States, as long as the content of the betting agreement does not violate laws and regulations.Niu Xiaoqiang reduced Packard's shareholding ratio to 15.00% during the bet, mainly because if he failed, he would lose all the shares of Packard Motor Company.Since he took such a big risk, of course he had to get more benefits, otherwise why would he gamble?

Trish looked at Packard when he heard this: "I think we can bet with him. If we win, at least we can eliminate the debt owed to the bank. If we lose, we only lose $500 million worth of money." It’s just a share, no matter how we calculate it, we won’t suffer a loss.”

After all, this is not a child's play, Packard hesitated for a while.Niu Xiaoqiang didn't speak anymore, just looked at Packard quietly and let the other party think.

After pondering for a while, Packard turned his head to look at Linda: "Linda, what do you think about this matter?"

Linda glanced at Tracy: "I agree with Tracy's opinion, anyway, you won't suffer no matter whether you win or lose, so why not take a gamble."

Seeing that Linda said the same thing, Packard stopped hesitating and nodded to Niu Xiaoqiang: "Okay, I accept your proposal, let's sign a gambling agreement."

Although Niu Xiaoqiang was very happy, he seemed very calm on the surface: "Then sign the agreement."

Tracy printed out the gambling agreement on the spot, listing all the conditions of Niu Xiaoqiang.Although she looks a bit wild on the outside, she has a very delicate mind. In order to prevent Niu Xiaoqiang from cheating, she also added such a clause: Niu Xiaoqiang is not allowed to use direct capital injection to complete the bet, and must pass normal to complete the task, otherwise Niu Xiaoqiang will be judged to have lost the bet.

In order to ensure fairness, both parties agreed to hire a professional accounting firm to conduct verification at that time, and the winner will be determined based on the verification results of the accounting firm.

Within the agreed five-year period, Niu Xiaoqiang will have the highest decision-making power of Packard Motors, and Packard has no right to interfere with Niu Xiaoqiang's business operations.Of course, the precondition is that Niu Xiaoqiang is not allowed to sell the company's shares, nor to let the company own the label.

After the contract was printed, Packard and Niu Xiaoqiang signed their names respectively.Linda was invited to be a witness for both parties and also signed.

The contract is in duplicate, and each party holds one copy.After signing, Niu Xiaoqiang breathed a sigh of relief.

He grinned and said, "Mr. Packard, your choice is very wise. Let time tell what will happen in the future."

Packard smiled wryly, "I hope so."

Niu Xiaoqiang pocketed the VAM agreement, and said, "I'm already the largest shareholder in name of the company, so I should be able to understand the company's patented technology, right?"

Packard is relatively bachelor, he didn't have any resistance, and said with a smile: "No problem, I'll take you to the laboratory to have a look."

Linda stood up and asked in a low voice when she went out, "Xiaoqiang, can we talk about the modified car later?"

Niu Xiaoqiang's need for money is even more urgent, so he naturally doesn't want to miss the opportunity to make money, so he nodded immediately: "No problem, I will talk to you later."

Under the leadership of Packard, Niu Xiaoqiang walked into the laboratory behind the workshop.

The area of ​​this laboratory is more than 500 square meters, and the space is very large. There are many kinds of equipment that Niu Xiaoqiang has never seen before.

What makes Niu Xiaoqiang feel strange is that although there are many equipments here, there are very few scientific researchers.Niu Xiaoqiang looked left and right, but only saw four people who were busy.

　Thanks to the book friend "Ye Luo Silent 0539" for the domineering 10000 reward!bow!

　　
　
(End of this chapter)