my fintech empire.

Chapter 202 [Meet with Chairman Radiant]

Two days later, the weekend.

At around 10:[-] in the morning, the boss of Fuyao Glass was eating snacks and drinking Tieguanyin at the hotel where he stayed in Xincheng, and he seemed to be in a good mood.

After a while, his assistant came over.

"Chairman, Hua Yu, the vice president of Huayang Group, the head of Qunxing Capital, is also the son of Hua Yongming. He came to visit you and wanted to see you. He has already come. Look...?" the assistant came Report next to him.

Boss Cao, who was disturbed while eating snacks, showed a little displeasure on his face, but when he heard the name Huayu, Boss Cao had also heard of it. Huayang Group is a large enterprise group in Xincheng, and Qunxing Capital recently entered It is also quite famous, it can be said that it has gained fame.

Fuyao Group has no business relationship with Huayang Group, but Boss Cao decided to meet after thinking about it. After all, he came to Xincheng as an away game, and this is also Huayang's home game.

What's more, people put down their dignity and came here in person, making it clear that they must see it, otherwise it would be too shameless, so they can only meet this unexpected visitor and see what medicine is sold in the other party's gourd.

After waiting for a while, Boss Cao also saw his assistant leading two people in.

The man in suits and leather shoes walking in front was Hua Yu. He looked at Boss Cao and immediately smiled and said, "Boss Cao is lucky to meet you. I'm sorry for taking the liberty to visit, Wang Haihan."

"Please sit down." Boss Cao nodded, his voice was neither salty nor weak, and he didn't stand up to greet him. Hua Yu didn't mind, after all, he was an old senior in the business world, so it's not an exaggeration to show off this score.

But at this moment, Huayu's next move surprised Boss Cao and his assistants.

I saw Hua Yu moved one foot to the side, and said to the young man behind him, "Brother Fang, please!"

Boss Cao was stunned for a moment, and the assistant next to him was stunned.

In fact, both of them noticed the young man behind Hua Yu, and thought it was his secretary, but now they can see Hua Yu's respect for this young man.

Immediately afterwards, Fang Hong sat directly where Hua Yu should have sat, but Hua Yu actually stood beside him.

"Boss, let me introduce you." Hua Yu, who was standing next to Fang Hong, looked at Boss Cao with a smile and said, "Fang Hong, the founder of Qunxing Capital, is also my immediate boss, and he is the one who wants to meet this time." you."

As soon as these words came out, Boss Cao was taken aback for a moment, and the assistant beside him was stunned, thinking: [Which one is this?Isn't the chairman of Qunxing Capital the same as you, Huayu?Shouldn't your immediate boss be your old man Hua Yongming?And where did this brat come from?How did he become Ni Huayu's immediate boss? ]
Boss Cao was stunned for a while and then recovered. He glanced at the young man sitting across from him who was so stage-frightened, but no matter whether this young man was the actual head of Qunxing Capital or not, he felt a little upset about Hua Yu's song. , but it was just suppressed in my heart and didn't show it.

After a while, Fang Hong opened his mouth bluntly and said, "Senior Cao, Qunxing Capital wants to buy a 15% stake in Fuyao Group. Please make an offer."

Good guy!
Huayu and the assistants beside Mr. Cao called him a good guy in their hearts at the same time.

So straightforward?

Hua Yu didn't know what the big boss meant. He told him before that Mr. Cao was always out. He didn't like capital, and he was so straightforward in picking him up.

At this moment, Hua Yu was sweating secretly, worried that he would be thrown out in a fit of anger.

Boss Cao, who was over [-] years old, faced the young man who was uttering wild words in front of him. He temporarily suppressed the anger in his heart and said in a low voice with a blank expression: "What kind of company is Fuyao in your heart? You know Radiation?"

Hua Yu didn't say a word, and he can't say anything now. If he talks at this time, Boss Cao will definitely think that he is putting on a show to tease him, and Boss Cao will definitely throw him out in a fit of anger. Hua Yu has already felt He was displeased.

Right now, I can only stand obediently and watch how the big boss responds.

Fang Hong was always calm and determined, and he said in an orderly manner: "Fuyao is a company that really does business. family and national entrepreneurs.”

"I know that you have never been very interested in virtual economies such as capital, real estate, and stocks that come in quickly. I also know that you have repeatedly expressed your opposition to real estate speculation by your own family and that you do not allow your company to engage in the real estate industry. The foundation of the country, I personally agree with your point of view, which is one of the core reasons why I want to invest in Fuyao."

Raise your hand first when you come up, and then talk about it after touting it.

You can't refute this, can you?
To refute is to deny the view that industry is the foundation of the country, and to deny that you are a man of action.

Sure enough, as soon as Fang Hong said this, Boss Cao's mood suddenly improved. At the same time, he was also very surprised that this young man in his early twenties who could be his grandchildren, not only did not show stage fright in his words and deeds. From the inside to the outside, it shows calmness and determination.

Boss Cao, who was in a better mood, also said with great interest: "Fuyao Glass accounts for 65% of the domestic market share, 25% of the global market, and an annual revenue of tens of billions. Why do you think I need your investment? In addition, what I am most opposed to is the so-called capital entering into Radiation, don’t you know?”

Fang Hong said unhurriedly: "First, Fuyao Glass is our country's national brand and the world's largest automotive glass supplier, but if Fuyao wants to develop further, technological innovation is inevitable, which requires Lots of money."

After speaking, Fang Hong paused and continued: "Secondly, Fuyao Glass is the first company in China to win the anti-dumping lawsuit against the US. Fuyao will achieve transformation and upgrading better and faster, truly improve the level of digitalization, technology and informatization in the industry, and help Fuyao Glass occupy the mid-to-high-end market segment of the value chain."

Hua Yu, who was silent at the side, saw Boss Cao's serious expression at this moment, and he gradually breathed a sigh of relief. The words of the big boss really have something, and they are flattering with reason and evidence, but it does not hinder the logical explanation at all. It's crystal clear.

The most important thing is to be able to let the conversation partner listen to the words. If Mr. Cao can't listen to it, it will be meaningless and it will not help to achieve the goal.

But at this moment, Boss Cao obviously listened.

Fang Hong finally said: "...Moreover, the demand for the automobile industry in the future is still very large, especially the domestic automobile sales are rising year by year, and the entry of automobiles into ordinary households is becoming a reality. It will inevitably drive up the demand for automotive glass, and Fuyao Glass must not miss such a good opportunity, so it is imperative to increase capital and expand.”

It is worth mentioning that it is not just a coincidence that Fang Hong came to the door this time, but he also knows that the current Fuyao Group is actually in a state of capital hunger, but Boss Cao is more resistant to capital entering the Fuyao Group .

But this does not mean that the financial pressure of Fuyao Group has disappeared. In fact, Fuyao needs funds very much, and the financial pressure is also great.

The company can get a glimpse of the whole situation from the asset-liability ratio in recent years. The asset-liability ratio of Fuyao Group has not only been higher than the level of domestic peers, but also far higher than the average asset-liability ratio of listed companies as a whole.

从2003年~2005年这一阶段，辐耀集团的资产负债率分别是49.90%、61.17%和58.30%，在合并报表的资产负债率分别为55.64%、65.36%和66.26%，再到2006年三季度，母公司合并报表的资产负债率达到了63.59%的水平。

However, factors such as foreign competitors entering the country to establish production bases, automobile price cuts, sharp rises in raw material prices, and exchange rates have affected Fuyao Group. In addition, the company has expanded float glass and automotive glass production capacity, promoted upstream and downstream integration, and explored international markets. In the OEM market, these factors are exacerbating the company's financial pressure and affecting the company's profitability.

At present, the latest closing price of Fuyao Glass is 7.79 yuan per share, and the company's total market value is nearly 156 billion yuan.

Fang Hong said these three points, it can be said that Boss Cao's heart went to the bottom of his heart. In the next period of time, the two talked about some problems in the real economy. Hua Yu was surprised to find that Boss Cao gradually ignored the big Regarding the age of the BOSS, start a serious communication.

The two gradually reached a consensus during the conversation. They both agreed that the manufacturing industry is the foundation of the real economy, and both believed that the domestic manufacturing industry will burst out with immeasurable potential after upgrading.

Before he knew it, it was noon, and Mr. Cao found out that this young man was different from other investors after some conversation.

……

(End of this chapter)