Extraordinary Genius

Chapter 1926 Let's Make It Up

"Holden cars? Australia accounts for more than 20% of the market? This data sounds wonderful, but how many cars can Australia sell in total in a year? It won't reach one million this year, right?"

Even if Feng Yu is interested in this brand, he will not show it directly. Moreover, the Australian market is indeed shrinking, which must be known to the same car, otherwise it would not be so happy to sell it.

When Feng Yu remembered his previous life, Holden was finally discontinued. Because the Australian market is over, factories in Australia, including Foote and Crazy Field, have all been shut down. The manufacturing costs there continue to rise, but sales continue to decline.

To put it simply, the Australian market is almost saturated, and if it fails to open up new markets, it will naturally be over. At that time, was there a new market for the same use? Yes, but it was not for Holden, but for local American brands such as Chevrolet and Buick. After all, Holden's popularity is too low.

However, Feng Yu is very interested in Holden's technology center. Among them, the research on engines, transmissions, and chassis is considered top-notch among the same cars, and it is also world-class, which can complement the technology of Bingcheng Machinery.

There is no debt there. Tongyong itself has already laid off employees. At worst, the production capacity of the factory there will be reduced at that time, and it may even be simply turned into a technology research and development center and sales center in the end, and no longer produce.

When Ma Ke heard Feng Yu's words, there was no embarrassment on his face. He argued: "But Holden's cars are not only sold in Australia, but also exported to New Zealand, the United Kingdom, South Korea, the United States and the Middle East. It is very valuable. And the technology research and development center there is very strong, including many key technologies that we also use."

"Is that right, you guarantee that you have not mastered those technologies with other brands? It seems that there are not many patents belonging to Holden, right?"

Holden's research was successful, and the patented technology belongs to Tongyong Automobile Group. Holden holds some less important patents.

"Mr. Feng, Holden is really worth buying, and only five billion dollars is enough."

Feng Yu paused the game, clicked a few times, and opened an electronic document.

"Tsk tsk, seven years ago, Holden had a profit of 6 billion Australian dollars a year. Last year, Holden had a profit of less than 1 billion Australian dollars. So how much should it be this year? Is it nothing, or will it lose money? The reason why you were able to maintain a profit of close to a billion Australian dollars last year is because you also made layoffs, and to be honest, those managers are really qualified."

Feng Yu shook his head while expressing emotion, the sarcasm in his mouth made Ma Ke's expression change again and again.

How come Feng Yu understands Horton's information in such detail? Was it because Feng Yu originally planned to acquire Holden's business and did a detailed investigation?

So did Feng Yu only investigate Holden, or did he investigate all the businesses of Tongyong Automobile? Is Feng Yu fully aware of the details of the same car?

"Mr. Feng, Holden's profit has declined because Holden originally held more than 40% of Tongyong Daewoo's shares. Later, Tongyong Daewoo was sold to Tata Motors. So the business has shrunk, and the profit is naturally It’s going to drop, and with global car sales falling…”

"Wait a minute, the sales of cars in our Chinese market have not declined, and the sales of cars in the Indian market have not declined, and our sales of Bingcheng Machinery have increased by more than 15% last year, and this year may be even more."

Your decline does not mean that everything is declining.

Ma Ke was interrupted by Feng Yu again, but he didn't know how to refute, what Feng Yu said was the truth.

"Mr. Feng, Holden's R&D center, spare parts production center, auto assembly center, sales channels, etc. are all high-quality assets."

"Really, how did I hear that Holden Motors suddenly took on a lot of debts from the same car? I don't know how your wholly-owned subsidiary operates internally, but these debts don't seem to belong to Holden Motors in the first place. Right?" Feng Yu asked back with a smile.

Fortunately, people are collecting information at any time, otherwise they will almost measure the wrong value, and the negotiation will be very passive. If it is really possible to maintain a profit of one billion Australian dollars a year, then the price of five billion US dollars is really not expensive, but if you have to bear billions of dollars in debt, let alone five billion US dollars, five Feng Yu won't even think about a billion dollars.

"Debt? Did Mr. Feng make a mistake? There was still a profit of one billion Australian dollars last year. How could there be debt?" Ma Ke smiled a little stiffly. How did Feng Yu know this news? Among Holden executives, someone must have been bought by Feng Yu!

"So can you disclose your financial situation? When we talk about the sale and purchase of assets, we always have to understand it in detail before making a decision." Disclosure of financial situation is a very common requirement in corporate acquisitions.

How could Ma Ke promise that before they came to Feng Yu with the same car, they dumped a lot of debts on the subsidiaries that were going to sell to Feng Yu.

"Okay, what Holden was like before is what it should be now. I won't bear any of those debts, so we can have a good talk."

"Also, I have made a very clear investigation of what the Australian market is like, what Holden is like, and I even know what kind of cars you share in general. You don't have to lie to me about this."

"In the end, I'm a little interested in Holden cars, and I'm even more interested in some of the technologies you share. I remember that you have many joint ventures in China, including technology research and development centers. This should also be included."

Ma Ke really didn't know how to quibble this time. It turned out that his own truth had already been revealed in front of the other party. It was ridiculous that he still wanted to hide it.

If the few joint venture companies in Huaxia are also sold, then they will have no valuable assets in Huaxia, and the rest are some sales channels, but the cars they use together, in addition to joint venture cars in Huaxia, imported cars Couldn't sell a few at all.

He weighed it in his mind, even if all these things were added together, if he could not get rid of some debts, he would be able to sell it for up to eight billion dollars. If it was higher, no one would be willing to buy it.

If it was two years ago, he would have asked for at least 15 billion US dollars for these assets. At that time, they were the industry leaders, not short of money, and they were still scrambling for land.

Feng Yu thought for a while: "By the way, I think you are also short of money for the same car. I will help you again. If you transfer some patented technologies to me, or permanently authorize them to me, I can also give you a lot of money. A sum of technology transfer fees. These plus the assets just mentioned, add up to a round number of 10 billion US dollars. You think about it and give me an answer tomorrow. If the day after tomorrow, I may not want to buy it. "

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Chapter 1918/2082
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Extraordinary GeniusCh.1918/2082 [92.12%]