Chapter 1750 Fertilizer and Water Do Not Leave Outsiders' Fields

On the way back to Huaxia, Li Mu felt more and more that it became more and more boring to go public in the United States.

Science and technology enterprises go public in the United States because of the relatively advanced science and technology environment in the United States and the recognition of science and technology enterprises.

It is precisely because of the presence of Silicon Valley that the recognition of science and technology companies by American capital and investors has reached the world's first overall.

Take a specific example, such as Baidu, which is about to go public in the United States.

If Baidu is going to list on A-shares in mainland China, first of all, it does not meet the requirement of making profits for three consecutive years, and secondly, the domestic market's recognition of him will definitely be far lower than that of Nasdaq.

In other words, if Baidu is going to take out 10% of its shares to be listed as tradable shares, the mainland A-share market is relatively conservative and can give him a price-earnings ratio of 20 times, and he can get a valuation of 5 billion yuan. In this case, take out 10% of the shares are in circulation, which can raise 500 million yuan of funds.

However, because Nasdaq, as the Growth Enterprise Market in the United States, is very friendly to science and technology companies, they can give Baidu a 40 times price-earnings ratio. That is to say, if Baidu goes to Nasdaq, it may get Equivalent to a valuation of 10 billion yuan.

In this way, the same 10% of the shares were taken out, but the capital raised was doubled.

This is why most Internet companies are flocking to the Nasdaq to list.

However, the Internet industry suffered a bubble burst in 2000, so at this stage, the American market's trust in the Internet is not as high as before.

In this context, if Li Mu really wants to be listed in Hong Kong, the valuation obtained will not be much lower than that of the United States.

The key is to stay away from these mercenary Wall Street capitalists, and stay away from this group of rich American tycoons.

Although many of the older generation of Hong Kong capitalists are fundamentally no different from the capitalists on Wall Street in the United States, at the very least, after the return of Hong Kong, the development of state-owned banks in Hong Kong is still very rapid. The biggest difference between state-owned banks and those capitalists is that state-owned banks. Not only the pursuit of profit, but also the promotion of social and economic development, while capitalists only pursue profit, they do not care whether society and the economy are developing or regressing.

If society regresses more and capitalists get richer, then they don't mind society regressing back to the Stone Age.

Therefore, Li Mu felt that if he could find a securities firm with a state-owned background as an underwriter in Hong Kong, and if the market value he gave was not much less than that of the United States when converted into U.S. dollars, then he would simply be listed in Hong Kong. Out of the field, he has contributed to the economy of the Hong Kong Special Administrative Region.

Therefore, the more he thought about it, the more Li Mu felt that it was worth a try.

I should find an opportunity to go to Hong Kong to chat with the state-owned securities companies in Hong Kong and the person in charge of the Hong Kong stock market.

Hong Kong is a financial powerhouse, but in the past life, it almost completely missed the dividends of the Internet market and only seized one Tencent. On the one hand, Nasdaq is indeed more professional, on the other hand, it is also because many rules and regulations of the Hong Kong stock market are not flexible enough.

If the Hong Kong stock market had agreed to the partner system of Boss Ma, then Ahli would definitely have been listed in Hong Kong.

Ahli is not only a giant Internet company worth trillions of Hong Kong dollars, but also the engine of an e-commerce giant worth tens of trillions of Hong Kong dollars. If Ahli is listed in Hong Kong, those companies that Ahli invests in later will become independent. Those subsidiaries of the company may also enter Hong Kong one after another.

Coupled with Tencent's ecology, Hong Kong can easily build an Internet financial ecology, so that this profit can be rolled more and more like a snowball.

Now, Li Mu not only has the global ecology of Muye Technology, but also Taobao and Alipay. There are also a lot of companies and industries outside. It will not be difficult to get all of them in Hong Kong to line up for listing. In the long run , can definitely increase the market value of the Hong Kong stock market by more than 10 trillion yuan.

...

Back in Yanjing, Li Mu was about to set a time to go to Hong Kong, and the senior leaders of the auto industry made an appointment with Li Mu.

He confirmed the acquisition of the three brands of Ford's Jaguar Land Rover and Volvo.

Li Mu suddenly went to the United States and won three auto brands. The domestic industrial sector is very excited, because this is an unprecedented attempt in the domestic auto industry, and there is too much room for imagination behind it.

As a result, the competent department identified several issues with Li Mu.

First, when will the acquisition be completed;

Second, when to move into Huaxia;

Third, where is the location chosen for moving into Huaxia;

Regarding the first question, Li Mu has also communicated with Elon Musk. Now that the acquisition intention has been reached, after Muye Technology paid a deposit of 200 million US dollars, it immediately began to entrust an internationally renowned financial company to conduct asset audit and due diligence.

After the audit and due diligence are completed, and it is determined that there is no objection, the remaining amount can be paid and the acquisition can be completed.

Regarding the second question, Li Muxiang started to move the overseas production lines of the three brands to Huaxia after completing the acquisition. If the U.S. labor union can solve the problem, they will all move over. That Land Rover line in America.

Regarding the third question, Li Mu's idea is to choose the site in his hometown of South Jiangsu Province.

The specific idea is to set up an automobile industry center in Haizhou.

Haizhou's economy has always been underdeveloped. As an entrepreneur from Haizhou, he hopes to make some contributions to his hometown.

However, the leaders of the competent department analyzed the immaturity of the location in Haizhou for him in great detail.

Haizhou is too small, the population is not large, and there is no industrial base. The only advantage is that it is not far from the sea, and has ports and railways. Other than that, the foundation is very poor.

Domestic auto companies, FAW is the eldest son of the Republic of Industry. After the founding of the People's Republic of China, it has flourished with the strong support of the state. The foundation for decades is there, and it can be said to be the first in China in all aspects;

The Shanghai Auto Group was established very early, and it is located in the Shanghai market. It requires talents and talents, economy and economy, and transportation and transportation. In addition, it has a long history of establishing joint ventures with foreign-funded enterprises, and its experience and heritage are also very strong. ;

Although Yanjing Automobile Group was established a little later than the Shanghai stock market, like the Shanghai stock market, it has everything in terms of talents, economy, transportation and policies. The cooperation with overseas enterprises is also accumulating experience and technology, so it has developed well.

In addition, the growth of several private enterprises is relatively difficult. For example, brands such as Jili and Qirui have been developing little by little for many years. In the initial construction, it is difficult to even recruit workers. The core team more troublesome.

Only then did Li Mu realize the various constraints of the real economy, especially the industry.

The leaders have rich experience and know much more about the domestic situation and industry situation than Li Mu. Their experience is worth learning from Li Mu.

Li Mu thought about it carefully, if he wanted to bring these three brands into China, then theoretically, the closer the three brands are, the better, because in the future, technology will be common, and spare parts will even be to a certain extent. On the Internet, the closer everyone is, the lower the cost and the higher the efficiency.

If you want to make three car brands and add your own brand, the floor space will be huge. It is no exaggeration to say that the area of ​​a medium-sized economic development zone may not even be enough.

This requires strong support from local governments.

The leaders hope that Li Mu will consider Yanjing, because Yanjing has strong university resources and strong industrial heritage.

However, Li Mu was really worried about whether the fast-growing Yanjing would be able to prepare a large enough land for his four car brands.

The BAIC family alone is enough, and they are also working on a film and television city project. The area of ​​that project is really no smaller than that of the car project.

Therefore, Li Mu decided to set up the head office in Yanjing first, and then communicate with the professional team about how to plan the production lines of several brands.

There are many processes involved in automobile production, most of which are disassembled. Li Mu felt that if it was really impossible, then the head office and the assembly line could be placed in Yanjing, and the others could be placed around Yanjing. Beijing offline, sold to the whole country, and even the whole world.

Another very important issue is funding.

The acquisition of these three brands is only the first step, and the second step will cost tens of billions of RMB to transfer all the production lines, talents and technologies of these brands to China step by step, to buy land, build factories, and transport A large number of equipment will come, and large-scale industrial upgrading will be carried out. The total amount of capital required behind this will not be less than 10 billion US dollars.

Fortunately, this money does not have to be taken out in one go. You can take out a sum of money first, then borrow a sum of money from the bank, and then apply for some local subsidy policies, especially the issue of land acquisition.

For such a large industry, it is really a pure purchase of land, and I am afraid it will cost an astronomical sum.

Fortunately, the state has always supported private enterprises. The larger the scale of the enterprise, the more employment-driven and the stronger the economy, the more policy support the government will give.

At that time, in the land issue, we will have to rely more on the local government for help.

The leaders also affirmed that Li Mu bought three internationally renowned auto brands in one go and turned them into 100% Huaxia auto companies. Once relocated to China, it will definitely bring a huge improvement to the domestic auto industry. Therefore, no matter where he chooses the location, the superiors and local governments will inevitably give the greatest support, and even state-owned banks will give huge loans with favorable conditions.

This makes Li Mu feel a lot more at ease. With the support of the state, he also has stronger confidence in the integration and rebirth of these three auto brands.

During the meeting, the leader also gave him a small suggestion, saying that he hoped that he could strengthen cooperation with Shougang to see if he could help Shougang and make a breakthrough in the field of automotive steel.

Li Mu agreed without hesitation, and promised that once he completed the integration of the resources of these three brands and successfully moved into China, he would immediately invest with Shougang to invest in a research laboratory for automotive steel.

Automobile steel has always been an important part of the steel market, but due to the unsatisfactory development of the domestic independent automobile industry, domestic steel mills have not made enough breakthroughs in the field of automobile steel.

Although automobile steel is developed and produced by steel plants, it is difficult for steel plants to achieve major breakthroughs without the full assistance of an automobile manufacturing company.

However, if Li Muzhen integrates these three brands into China, and then cooperates with Shougang in the research and development and testing of automotive steel, it will provide a huge boost to Shougang's business in this area!