Perfection of Rebirth

Chapter 774 Reassurance

As the provincial capital city, Wuyang's first and second leaders are half a level higher than the average prefecture-level city. It belongs to the vice-ministerial city. If they are not on the Standing Committee, the general high-ranking officials may not be better than this position.

Since the top leader is coming to Guanghui Automobile Base for inspection, Jiang Hui must go to greet him.

"Mr. Jiang, it's rare for you to come to Wuyang in person. How about it? I'll be the host tonight, and we'll have a drink." Fai had dinner together.

As the head of a government department, he needs to receive investors twice a day. This is relatively common in first-tier cities such as Wuyang. On the contrary, in remote inland cities, there are few investors and less entertainment in this regard.

"You are welcome," Jiang Hui said with a smile.

Brilliant Automobile has acquired Jaguar Land Rover, and its headquarters is in Wuyang. Secretary Chen and the others can hold back and call themselves, which is already very good.

Now that he has come to Wuyang, it is naturally difficult for Jiang Hui to refuse the invitation.

"Mr. Jiang, don't tell me, there are news about your Guanghui Group almost every now and then," Secretary Chen said as he followed Jiang Hui forward.

Speaking of which, Brilliant Group is estimated to be the company with the most headlines throughout the day, including Brilliant Weibo, Tudou, Xiaonei, Brilliant Mobile, Brilliant Drone, Brilliant Mobile, Brilliant Film and Television...

Various companies always come up with something from time to time, and the exposure rate is not generally high.

"This all depends on the love and support of the leaders, just like our Guanghui Automobile Base. Without the care of Secretary Chen and leaders at all levels in Wuyang, how could it be built so quickly to where it is today," Jiang Hui said.

"Speaking of Brilliant Motors, I haven't congratulated you on successfully acquiring Jaguar Land Rover, which has boosted your national prestige," Secretary Chen said.

"Hey, for this business, it is generally said that we have lost money. Whether it is a successful acquisition depends on the performance in the next few years," Jiang Hui said.

In the past few days, some related information about the acquisition of Jaguar Land Rover by Guanghui Motors has been disclosed one after another. Even Tata Motors' bid of 20.5 billion US dollars has also been reported by the news.

Compared with Tata Motors' bid, Brilliant Motors is almost 20.00% higher. In addition, it has to promise to invest [-] million US dollars in research and development expenses in the next three years. Many so-called "bricks" feel that Brilliant Motors has made a failed business.

There are even some well-known Chinese experts who wrote an article on the issue of Jaguar Land Rover's pension, saying that in the future, Guanghui Motors will spend at least one billion US dollars to fill in the hole, and it is unlikely that this business will make money.

Judging from the current situation, the acquisition of Guanghui Automobile is indeed not a successful case. After all, from the perspective of investment income ratio, this is likely to be something that will not be rewarded in the long run.

However, no one knows what kind of growth stage China's auto market will enter in the next few years. The profits of many brands from China have become their largest source of profit, and many companies have lost their profits due to the growth of China's market. Turn a loss into a profit.

Jaguar Land Rover and later Volvo are the most obvious cases!

It is precisely because everyone thinks that this is a loss-making business that it is the turn of Guanghui Motors, an unknown company in the automotive industry, to acquire Jaguar Land Rover. Otherwise, do you really think that Mercedes-Benz, BMW and Toyota Volkswagen are doing nothing?
You try to buy Honda or Hyundai for 25 billion dollars?
You can't buy it with a zero!

"Under your leadership, Mr. Jiang, Guanghui Group has always been a company that is good at creating miracles. I believe that Guanghui Automobile is no exception. I heard that your engine production plant has basically been completed, and the construction of other workshops has also been basically completed? ", Secretary Chen said.

"Indeed, after the Spring Festival, the first engine prototype will come off the assembly line, and our other workshop equipment has been arriving one after another. It is expected that all the installation will be completed in the first half of this year, and it will enter the trial production state. Mass production," Jiang Hui said.

As the top leader of Wuyang, this information is reported to Secretary Chen every time by a special person, so in fact, he is very clear about what Jiang Hui said, but it is clear, what other people report is what Jiang Hui said. The meaning is different, and the authority is also different.

"Then your speed can be regarded as setting a record. It was completed and put into production in less than two years," Secretary Chen said.

Wuyang Automobile, a subsidiary of Wuyang City, also has several joint venture factories. Secretary Chen also knows the construction progress and investment of a car production factory. Now he can see that the progress of Guanghui Automobile is obviously faster than others. , is also very admirable.

"Time is money. Our ancestors didn't lie to us. I am very optimistic about the future car market of China. If we don't hurry up and launch the models, when other companies take over the market, our development will be hindered." Much more," Jiang Hui said.

"Although the first month of 2008 has not yet passed, the global economy has experienced some instability under the influence of the subprime mortgage crisis. Some people even think that the crisis will become even bigger. How confident are you in the auto market in the next few years?" Secretary Chen said in a quizzical tone.

"The subprime mortgage crisis will become more and more serious. I believe it. There will be an economic crisis every once in a while in capitalist society. This has become a law, and I think this law will continue to play out in a short time.

However, I firmly believe that China can quickly get out of the crisis. Our government actually has a lot of cards to play. In addition, since joining the WTO, GDP growth has exceeded double digits for five consecutive years, and the people have accumulated a lot Wealth, and car prices are falling again, if the government introduces some more preferential measures, I think the car market will usher in a blowout soon,” Jiang Hui said.

"There are not many entrepreneurs like Mr. Jiang who are confident in China's economy, but we need entrepreneurs like you who are full of confidence, full of pioneering spirit, and full of confidence in the future of the country," Secretary Chen said with emotion Said.

For a long time, most of the private enterprises in the Chinese dynasty rushed into any industry when they saw that they were making money. After one industry was ruined, they rushed into another industry, leaving many industries with no money to make. .

There are people in the business of killing people, but no one in the business of losing money.

In order to make money, many things that reduce the quality or fake and shoddy happened, and the punishment of the Celestial Dynasty in this regard was not very strong, which made this phenomenon even more rampant!
(End of this chapter)