Chapter 1678: Not Even One Person (Ten/Ten)

The next day, the board meeting of Tongyong Automobile was held again, and all the directors put forward the most suitable plan they thought, but what is interesting is that the plans of several of them are so similar.

Obviously, although Sol emphasized that everyone should act according to their own ideas, take care of the interests of each shareholder, and take care of the interests of the company, but these people must have discussed it in private.

"Do you agree with this plan?" Saul looked around at the other directors. They have been discussing this plan for two hours!

Malfoy's face was a bit ugly, this plan, in his opinion, belonged to drinking poison to quench thirst. Although some cash can be obtained, it cannot fundamentally solve the company's plight.

The baggage shed was not enough to get the company out of trouble. But this plan was the result of these directors' discussions, and Malfoy was very disappointed.

After all the directors agreed, Saul continued: "Malfoy, you represent the company to talk to the Fengfeng Holding Group. This time, you must get more than 10 billion US dollars in cash for the company. This matter has been negotiated." After that, I nominate you to the board."

Malfoy looked at Saul in surprise, he looked at the other directors, and no one objected.

These assets, if it was two years ago, would not have been sold for 10 billion US dollars. But now, counting the part of the loss, 10 billion US dollars in cash, not many people will accept it.

The important thing is that the same car can get rid of many bad assets, which is the key point.

...

Ralph looked at the information that Malfoy brought over. It contained all the shares of Mordutong that they most wanted to buy, including Hummer, the best off-road vehicle brand in North America, and the Swedish Saab car. More than ten years ago, It cost more than three billion U.S. dollars when it was purchased.

There are also several factories, all of which are very old factories, and the equipment inside is also seriously aging. What makes Ralph most dissatisfied is not these, but to accept all the employees of these enterprises, and to implement the employment contracts according to the same standards.

"Malfoy, this is your sincerity? These assets, you valued at 15 billion US dollars? Do you think that our Fengyu Holding Group has too much money to spend, so you plan to help us spend it?" Lal The husband threw the information on the table.

If Ralph agreed to this price, he would no longer be the CEO of Fengyu Holding Group.

"Mr. Ralph, don't worry. This quotation is for other companies to see. The quotation for Fengyu Holding Group is 13 billion US dollars, all in cash." Malfoy quickly explained.

"13 billion U.S. dollars? Need all the cash? We, Fengyu Holding Group, can certainly get the cash, but do you think these assets are worth so much money?" Ralph sneered.

"Why is it not worth it? Saab, nearly 20 years ago, when we bought it with the same car, it cost more than three billion US dollars. Even if we only calculate inflation, how much is it worth now?"

"Hummer, the most famous off-road vehicle brand in the world, has been called the best off-road vehicle in the world more than once, and it is also a car purchased in large quantities by our US military team."

"Although we only have 33% of the shares in Modu Tongyu, it is indeed a car company in the Chinese market, second only to Bingcheng Machinery Manufacturing Group, right? And all the production line equipment are brand new , including research institutes and other scientific research institutions, we have successively invested more than three billion US dollars in these years, and this part of the shares has been profitable in recent years.

"

"As for the factories in North America and Europe, there are a large number of skilled workers and management personnel. These alone are worth a lot, not to mention the equipment and workshops of the factories."

"13 billion dollars, you've made a lot of money. If it wasn't for our urgent need for cash, we wouldn't even consider it below 15 billion dollars!"

When Malfoy said this, it gave Ralph the feeling that you were taking advantage of him.

But Ralph knew exactly how much these properties were worth. Especially those so-called skilled workers and management talents are explicitly prohibited by the boss and absolutely not needed.

"Malfoy, if it was two years ago, we could consider these assets of 13 billion US dollars, but now, we will definitely not agree."

"It is true that the Hummer used to be the best off-road vehicle in the world. Remember, it was once. The displacement of the Hummer is too large, and the current oil price is not cheap. There used to be a huge order for the Hummer, but the Afghan battlefield It has been proved in the past that the Humvee can only be used as a support now, and the bulletproof effect is too poor."

"Hummer has lost orders from the army, and the sales of civilian models have gradually declined. And with the popularization of environmental protection concepts, we in the United States have to control large-displacement cars. Why is the sales of island cars in North America gradually increasing? Because they've done a great job of saving energy."

"We have expressed interest in the Hummer brand, but it is only interested. Now Hummer is losing money, right?"

"There is also that Saab car, which was ridiculed by many people when it was acquired by Tongyong, but the facts have proved that this is indeed a foolish trick. Saab has been losing money year after year, and its sales in Europe have been declining year by year. Even in Sweden, It has become a foundry that uses other brands. What is the value of such a company? Even the Saab brand has been seriously depreciated!"

"As for the shares of Modu Tongyong, I also told you that as long as my boss wants to, then the sales of Modu Tongyong can be reduced steadily. If Songjiang Motors hadn't paid attention to the development of overseas markets over the years, you would think Can the same application develop so fast?"

"And those factories in Europe and America, do you really think we haven't investigated them? These factories are all factories with seriously aging equipment. Maybe some of them don't have a piece of equipment that is two thousand years old, and all of them are two thousand years ago. Old equipment, is this what you call a high-quality factory?"

"And I want to make it clear that when we buy brands, shares and other assets that are used together, we must never use any employee, anyone, including the cleaners!"

Just kidding, the salary of the employees who use the same car is three times that of Crazy Field and other car companies, and various insurances, subsidies, etc. are the highest among all car companies.

Tongyong has started to lose money in the past few years, which has a lot to do with these, and many insurances, especially medical insurance, also cover the family members of employees, which is a huge burden.

Feng Yu will never carry this burden!

Malfoy was stunned. He didn't expect that the Fengyu Holding Group knew so much about the cars they shared. Ralph found out the shortcomings of these assets without reading any information. It seems that this negotiation will be difficult for both parties. Satisfied.

Some of the burdens they most want to get rid of seem to be seen through by the other party. What should they do if they share a car?

...

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