Since 1979 I have been in the tide of the times

Chapter 695

An event that happened in November 2006 that few Chinese people know about, let alone care about, is An Nanguo's accession to the WTO.

In fact, this incident had a relatively large impact on the Pearl River Delta region, and some companies began to plan to move to Annan.

In fact, some companies had already moved out before [-]. Boss Huang, a Hong Kong businessman who purchased electronic tubes from Xiangyang Electronics, moved the factory to Lingzhong Export Processing Zone near Saigon City.

This export processing zone was jointly established by China Electric and Annan in the 90s.

There are several such processing zones in various places in Annan, some of which were relocated to local enterprises after the local government negotiated with the Annan side.

The first ones are textile and shoe-making companies. There are very few electronic companies like Boss Huang. He wants to transport the electronic tubes he purchased to Annan for assembly and production. Fortunately, it is only a dozen hours’ drive from the Pearl River Delta to Annan, and he can also take it to Saigon City by sea.

It is very troublesome to relocate a company. How can it be so simple to reorganize production in a strange place with machinery and equipment and a large number of land cadres?
Many bosses have been operating in Fushan for more than ten years, and they are familiar with everyone, and it is difficult to make up their minds to leave.

Wang Weidong has not thought about relocating to Annan yet. Among the more than 1 workers in the factory, there are a large number of people from Guizhou Province. Some of them are overseas Chinese whose family ran back from Annan in [-].

This is the case with Yu Baoling, for example.

Wang Weidong returned to China and began to discuss the acquisition with Song Yu and Ou Xiaoyang.

Compared with 2007, the bull market in 2006 was a piece of cake. In the crazy 2007, dozens of stocks rose more than five times, and several stocks rose more than ten times!
"Release the news that Xiangyang Group has provided inverters to Olympic buses. This is the direction of green development advocated now. We, Xiangyang Group, lead the development of the industry!" Wang Weidong said.

There are always a few days in Beijing every year due to sand and dust, the sky is so gray that the sun cannot be seen, and the amount of harmful dust in the air is very large.

"Some experts say that measuring PM2.5 is not necessary at all! The result is that the air filters in Beijing are sold out! For the sake of my children, I also installed one at home! Electric vehicles are definitely a development direction in the future. Now if I give someone a Beijing license plate, he would like to kneel down and call me grandpa!" Song Yu said.

"The production of electric vehicles requires inverters, and the production of inverters requires igbts. This concept can be hyped for a long time!" Wang Weidong said.

The stock market is very particular about conceptual hype. When medicine is hot, people will label themselves as medicine, and when high-tech is hot, they will label themselves as high-tech.

Now Red Star Beer has a proper high-tech plus green development concept.

"Weidong, what should we do with such a large sum of money after the acquisition is completed?" Song Yu asked.

"Of course it is to go abroad to win glory for the country by conquering cities and lands! Buy mineral resources as a strong backing for the country's development, buy high-tech companies, and introduce advanced science and technology for the country!" Wang Weidong replied.

"If Huayang Group can't make a decision for a long time, we will sell the shares of Red Star to the foreign beer giant and Zhang Kangmei, don't wait!" Wang Weidong finally said.

Cao Kewen called from Germany. He suggested purchasing Infineon's silicon carbide-based igbts instead of silicon-based igbts. The inverters produced in this way are more resistant to high temperature, high voltage and high current, and can theoretically extend the cruising range of electric vehicles by more than [-]%.

Wang Weidong immediately agreed.

Wang Weidong, Song Yu and the others spared two days to travel hundreds of kilometers to attend Ju Wenzheng's wedding.

Ju Wenzheng's parents are teachers in a small county, and their contacts are limited to one school and there are not many relatives in the countryside.

Xiaoyun specially sent money home to let her parents and two younger brothers fly to the provincial capital. Xiaoyun and Ju Wenzheng rushed to the provincial capital to bring the four of them here.

Since Xiaoyun went out to work in her teens, she has supported most of the family. Over the years, she has donated tens of thousands of money to the family, which enabled the two brothers to finish their studies and build a new house for the family.

The parents and brothers didn't recognize Xiaoyun at first sight, not because of Xiaoyun's attire but because Xiaoyun's face was completely new!
Xiaoyun specially went to the peninsula country for a beauty treatment two months ago, her flat nose disappeared, and the bridge of her nose became straight and high.

"Shame on you!" Xiaoyun's mother said.

Ju Wenzheng is now full of joy. He feels that Xiaoyun is considerate and tender, and low education level is nothing. Many girls with high education level are far inferior to Xiaoyun in terms of work and knowledge!

Of course, the most important thing is that Ju Wenzheng has a strong desire to protect knowing Xiaoyun's rough experience.

Men have this desire in their hearts, especially those stupid men.

Because Ju Wenzheng mainly lived in Fushan after getting married, Wang Weidong, on behalf of Xiangyang Group, gave Ju Wenzheng and Xiaoyun a house with three bedrooms and two living rooms in Fushan.

At the wedding, Xiaoyun suddenly cried so much that she couldn't help herself. Wang Weidong could see that she was not pretending but showing her true feelings. After so many years of ups and downs, she finally came to fruition.

In February, Cao Kewen shipped five inverters weighing more than ten kilograms each to China.

Wang Weidong immediately sent it to the electric bus research and development base for inspection.

Although the electric bus has not yet produced a finished product, a simulation test can also be carried out by connecting the battery and the motor.

By observing the motor speed and running time, the technician in charge of R&D is satisfied.

"It turns out that the igbt based on silicon carbide can really extend the cruising range!" said a doctor.

Zhang Kangmei was very dissatisfied with the foreign companies that wanted to buy Red Star Beer. Originally, a [-]% price increase would have secured the acquisition, but they hesitated and refused to nod.

The foreigner's hesitation affected her acquisition of the Niaozui Dam Hydropower Station.

When the stock market was at a low ebb two years ago, the stock exchange was deserted, but now it is full of people.

Now the Shanghai Composite Index has broken through the [-]-point mark, and [-] points is just around the corner.

Zhang Kangmei felt that she couldn't wait any longer, and the more she waited, the more money she would spend in future acquisitions.

Some women are more decisive than men in doing things, and Zhang Kangmei is such a woman.

She called Song Yu and asked for an interview with Song Yu and Wang Weidong.

"I decided to buy Red Star Beer by myself. I want both the beer industry and the Niaozui Dam Hydropower Station!" Zhang Kangmei said straight to the point.

"Sister Kangmei, can you come up with more than 160 billion?" Song Yu asked.

Wang Weidong, Song Yu and the others hold 70.00% of the shares of Red Star Beer. According to the current stock market value, it has reached more than 160 billion.

"Yes! Let the bank do credit loans!" Zhang Kangmei replied.

"Originally, there can be a premium for the acquisition, such as 120% or 150%. But since Miss Kangmei wants to acquire it, we will sell it to you at the current market price! Originally, we were going to announce that the inverters produced by Xiangyang Group will be supplied to the Olympic electric buses. For you, this good news will be announced after the acquisition is completed!" Wang Weidong said.

(End of this chapter)