Chapter 1132: Feelings and Inspirations

At many sensitive moments, he began to cooperate with Luo, a well-known British automobile company, and went south to build a new automobile base. Luohu is an old factory with a history of more than 100 years. Due to slow growth, it has suffered heavy losses in recent years and is eagerly looking for sellers around the world.

Negotiations between Yangrong and Luohu soon escalated to a full-scale joint venture. The cooperation methods proposed by Yangrong included that after the joint venture, all Luohu products would be moved to China for production, and Luohu’s British research center and European sales system would be maintained. Among the products produced in China, those exported to Europe are under the Luohu brand, and those sold in China and the Asia-Pacific region are under the Chinese brand. Luohu helped Brilliance complete the upgrade of the engines and put the Chinese trademark on the engines.

This is a long-awaited large-scale joint venture project. It is the first time that Chinese entrepreneurs have appeared on the international mainstream business stage as integrators and saviors.

After entering the new century, the rising China began to show a stronger force in global economic competition. Some fast-growing large companies are trying to expand cross-border and achieve industrial upgrading through mergers and cooperation. Brilliance and Luohu’s The joint venture should be one of the earliest and most anticipated projects. Compared with Lenovo's acquisition of Sigang's Bi Division and its acquisition of Thomson color TVs in the future, Yang Rong's initiative and ambition seem to be greater.

If this joint venture succeeds, the landscape of China's automobile industry will be completely rewritten, and even the growth route may be drastically changed. Its significance is no less significant than that of Brilliance America's listing ten years ago.

After all the relevant agreements were signed and finalized, Yang Rong made a decision that he would regret for the rest of his life.

In the calculation of this excellent strategic architect, the moves were precise and closely linked, and all the elements were perfectly in place. Unfortunately, he missed one seemingly unimportant point, the mentality of the Northeast.

From the perspective of Liaoning Province and Shenyang Municipal Government. Yang Rong wanted to take advantage of the chaos and sneak away this time.

An analyst from an investment bank believes that from the perspective of Liaoning Province and Shenyang City, Yang Rong's approach is like hollowing out Jinbei Motors and letting Jinbei Motors transfuse blood for his projects in other provinces.

The details of the government's negotiations with Yang Rong have never been made public, but the results of their communications are well known. The government hopes that Yang Rong will place the Luoxiang project in Liaoning. At the beginning of the year, the secretary of the Dalian Municipal Party Committee was promoted to the governor of Liaoning Province and a specific Dalian plan was proposed.

However, Yang Rong insisted on building the factory in Ningbo, but he promised that Shenyang will still be Brilliance's bus base.

Obviously, this was an unsatisfactory answer to the government, and the conflict suddenly intensified last autumn.

The see-saw negotiations broke down after the Spring Festival this year.

In March, the Enterprise Department of the Ministry of Finance issued an official letter,

Brilliance and all its derivative companies will be transferred to the Liaoning Provincial People's Government at once, and all debts will also be transferred. The official letter requires that the audit be carried out as soon as possible to prevent the loss of state-owned assets.

The receiving team immediately read the official letter to Yang Rong, who continued to act in an uncompromising manner.

On March 21, Brilliance Auto announced the news of a joint venture with Luohu in the UK, and invested 100 million yuan to buy construction land in Ningbo and paid Luohu a one-time payment of 15 million pounds in technology transfer fees.

A week later, the working group stationed in Shenyang Brilliance and began a comprehensive inventory, verification, and receipt of Brilliance's assets. The two sides broke up and the break was irreversible.

In May, Yang Rong flew to Wutai Mountain in Shanxi Province to pray and worship Buddha, and was subsequently admitted to Shanghai Ruijin Hospital. At the end of the month, he quietly left for the United States on a tourist passport and never returned.

In mid-June, the Brilliance Automotive board of directors dismissed Yang Rong from his positions as chairman and president of the company, on the grounds that he inappropriately made business decisions that were contrary to the foundation's business policies and therefore failed to take into account the collective interests of the company's shareholders.

The next day, the cooperation project proposal between Brilliance and BMW was approved at the State Council office meeting. Half a month ago, China Car was also listed in the latest vehicle production catalog and was officially approved for mass production.

At the end of June, Yang Rong, who was in the United States, sold all the Brilliance China stocks he held in the Hong Kong stock market and cashed out nearly 90 million. At this point, the speculation that Yang Rong was out was confirmed by the public merger.

After Yang Rong left, the maze-like Brilliance Department was beyond the control of outsiders. Therefore, the most important task for Liaoning was to retain the backbone of the team.

In the end, Yang Rong's four assistants, known as the Four King Kongs of Brilliance to the outside world, all agreed to stay in their posts. The retention of these four people made Yang Rong's lonely escape more like a farce of betrayal and separation.

In late August, the market launch ceremony of Zhonghua sedan was grandly held in Beijing. The first Zhonghua standard product to be launched was priced at 170,000 yuan. It became another mid-range domestic sedan in the domestic market that could compete with international brands.

After all, Huachen without Yang Rong felt a bit uncomfortable.

The trigger for the breakup was the natural termination of the Luohu project in Ningbo. At that time, the land demolition had been completed and the office building had begun to be opened. The four prototype cars improved by Luohu had been basically completed. The new model was on display in Geneva. The improvement of the engine was in progress. Luohu, who strictly followed the agreement, had already put the All production equipment lists are handed over to the Chinese side.

When the new leadership of Brilliance informed Luo Bei and Ningbo that there was a mistake in establishing the project, he was unable to give an explanation in the face of the extremely surprised acceptance.

In order to terminate the contract, Brilliance paid more than 200 million yuan in compensation.

Of course, even Yang Rong of the United States is not willing to end up like this. He always wants to add some trouble to the Northeast.

Therefore, Yang Rong, through Hong Kong Huabo Financial Company, sued the China Financial Education Exhibition Foundation and the Ministry of Finance in the Beijing High People's Court on the grounds of misappropriation of assets and administrative infringement. The direct dispute amount reached 2 billion yuan, becoming the largest property rights dispute case since the founding of New China.

Yang Rong is the kind of person who always sets records. In order to show his legitimacy and selflessness, he even signed a power of attorney, announcing that all the Brilliance assets that he deserved as confirmed by law would be donated to non-profit social groups or charitable organizations.

However, it is obvious that the Northeast is very annoyed by this. The Liaoning Provincial Procuratorate issued a warrant for the arrest of Yang Rong on suspicion of economic crimes. The Beijing Court determined that Yang Rong's lawsuit was not appealable and would not accept it for the time being. Yang Rong turned to sue Brilliance China Auto in Bermuda and the Liaoning Provincial Government in the United States District Court for the District of Columbia, but both failed because they were not within the jurisdiction.

The new chairman of Brilliance told reporters that Mr. Yang Rong's participation in the management, operation and business of the group was insignificant.

And one. It is an indisputable fact that after Yang Rong left, the Brilliance Group also began to decline, and the grand ambitions promised at that time were ultimately not realized.

In fact, he himself also felt a little regretful, thinking that he really did not expect that placing the project in Ningbo would cause so many problems. If it was placed in Dalian, there might be nothing wrong.

Fan Wubing watched coldly, but he saw it very clearly in his heart, and felt a little bit of respect for Yang Rong's actions.

In fact, he is just a capital player, and he is not worthy of the title of entrepreneur at all. Especially in politics, he is more naive and does not know what the domestic situation is. If he can continue to build a new base in the Northeast, I believe nothing will happen. However, he actually wanted to relocate the base out of the country, which is a very serious problem.

The new governor has just taken office, and the largest local enterprise wants to relocate. What does this mean? Doesn't this mean that the local investment environment is not good and investors want to change their ways? Doesn't this mean that investors have no confidence in the new governor?

Judging from his own experience, Fan Wubing felt that if he were the new governor, he would also be extremely angry about Yang Rong's behavior. Isn't this obviously bullying?

No official would allow such a thing to happen, that's for sure.

Another biggest problem is that Yang Rong's company is not a completely private enterprise. At that time, for the sake of convenience, he unwisely gave the company an official color. Therefore, if the government wants to deal with him now, it can naturally raise a reasonable and legal stick and beat him to death without a chance of turning the tables.

After all, any madman who wants to confront the government will not have a good end, that's for sure.

In a word, Yang Rong's desire to build a factory elsewhere has directly affected the performance of local officials, which is naturally intolerable. In addition, he is extremely ignorant of the unspoken rules of the domestic officialdom, and over-reliance on capital operation methods. He does not know how to establish a territory that belongs entirely to him, and wants to take advantage of the situation, which ultimately led to his own defeat.

Taking advantage of the situation is a very clever method, but not everyone can play it. Yang Rong does not have a complete advantage in the officialdom, and he is also making things difficult for the new officialdom. Isn't that asking for trouble? He has no strength, but he still wants to dance on eggs, and finally ruins the business he has worked hard to build.

Look at Yang Rong, and then look at himself. Fan Wubing feels very emotional. If he had not firmly taken the path of full sole proprietorship in China, and successfully helped his father Fan Heng to the top leadership, he would not be able to deal with these things calmly.

If you want to develop in the local area, you can't avoid too much contact with local officials, and in the process of this contact, you can't avoid some economic exchanges and financial exchanges. In this way, no enterprise can stay out of it, and all kinds of handles are left.

There is nothing wrong at ordinary times, but once someone has a grudge against you, and the power in this person's hands is enough to overthrow you. You are in danger.

Considering this problem, Fan Wubing began to worry about his only joint venture project, China Aviation Industry Corporation. This problem should be properly solved, otherwise it is likely to have an adverse impact on the entire Fan Investment Group.

In order to eliminate this negative factor, it is necessary to completely separate it from the Fan Investment Group.