Chapter 610 How Do You Want to Invest?
Feng Yu discussed with Zong Qingxian for a while, and after confirming Lehaha's development strategy for this year, Zong Qingxian's secretary came in to report, and Li Dafu came.
Feng Yu doesn't have an office in Hangzhou, so he invites Li Dafu to come to Lehaha, why can't he still go to Li Dafu's place? Leha, this place is Feng Yu's home field anyway.
Li Dafu knew that Feng Yu was a shareholder of Lehaha, but he didn't know that Feng Yu was the largest shareholder. Seeing Zong Qingxian, he said hello, and the two met at the Jiangsu-Zhejiang Chamber of Commerce.
I don't know when, merchants in some areas formed chambers of commerce. In some businesses, advance and retreat together, boycott merchants in other regions, and make money together.
But Feng Yu is not interested in these chambers of commerce. Fighting in the nest is interesting. If you join forces and go abroad to make money, I am still interested in joining. To put it bluntly, this kind of chamber of commerce is a kind of local interest collection. It has existed since ancient times, but it disappeared later and reappeared after the reform and opening up.
The ridiculous thing is that these people are still proud of the Chamber of Commerce, saying what they want to restore the glory of Zhejiang Merchants!
After exchanging pleasantries with Li Dafu, Zong Qingxian left, only Feng Yu and Li Dafu were in the reception room. It's not easy for Zong Qing to listen to matters related to other companies.
"Mr. Feng, you must be aware of my reason for coming. I wonder if I can still work with you to make China's auto industry and Songjiang Auto take off?"
What Feng Yu once gave him was the opportunity to create the best car and the best car brand in China together. But he gave up, and now he can only say that Songjiang Automobile will take off.
"Why, Mr. Li has thought it over clearly, isn't your company ready to operate?" Feng Yu asked with a smile.
"I'm going to hand over the company to someone else. I'm going to work at Bingcheng Machinery Company. Isn't this a conflict?" Li Dafu asked. Many people are working as executives in other companies while running their own companies, but I don't know if Feng Yu agrees.
"It's nothing, but do you want to be an ordinary executive. Or do you want to own some shares?" Feng Yu asked rhetorically.
If Li Dafu was willing to accept Feng Yu's solicitation, Feng Yu would naturally give him some shares. But now, you can get shares if you want them, you can’t get them for free. You have to pay for it!
"Of course I want to own some shares!" Li Dafu said without hesitation. Without shares, what does Songjiang Automobile have to do with him?
Feng Yu nodded: "Let me do the math with you. The current market value of Bingcheng Machinery Company is about 4 billion. How much money do you have?
I can sell you some shares. "
Li Dafu opened his mouth wide. Did I hear correctly, the market value of Bingcheng Machinery Company is 4 billion!
"President Feng, is the market value of Bingcheng Machinery Company that high?"
"Let me do the math for you. In terms of agricultural machinery, our brand and technology are currently the best in China, and the world's top. I don't even count the brand value. The technology, equipment, land and workers alone are worth more than a dozen. 100 million! If you count the brand value, these alone are worth 300 million!"
Seeing Li Dafu's surprised look, Feng Yu was a little proud. Others may think that the brand doesn't matter, but Feng Yu knows the true value of the brand.
"There is also our Songjiang motorcycle business, which is also worth more than one billion yuan. It is the number one motorcycle in the Chinese market. It is ours. This year's production and sales are expected to exceed 450,000!"
"Besides, the investment of Songjiang Automobile is not a small amount, and the brand has already gained a high reputation in China. It is also exported to Europe. This business is also worth more than a billion. I count 400 million, which is already Excluding the value of the brand, if all the brand values of Bingcheng Machinery Company are counted, it will be worth at least 6 billion!"
Li Dafu was dumbfounded. He felt that his company was doing very well and he was considered wealthy. He originally thought that he could afford to buy some shares, but now it seems that he sold the company and exchanged for at most 2% of the shares. This is far from the 5% stake he expected!
"President Feng, can't I just invest in Songjiang Automobile?"
Feng Yu smiled: "Songjiang Automobile has five branch factories and one research institute. Which one do you want to invest in? I lowered the company's market value, just to give you a share in the head office. In fact, the automobile business currently even invests It hasn’t been recovered yet, and the company’s most profitable business is agricultural machinery, followed by motorcycles, and the automobile business is at the bottom!”
Li Dafu was dumbfounded. He saw that Songjiang Automobile was so famous, but the profit was the lowest? So what kind of agricultural machinery has the highest profit?
He was completely ignorant of the agricultural machinery market, but he had thought that the profit of Songjiang Automobile might not be as good as that of Songjiang Motorcycle, but he never expected that the profit of Songjiang Automobile was not as good as that of agricultural machinery. Does the agricultural machinery have such a high profit?
China is a big agricultural country, and it is said that there are 900 million farmers. Can the demand for agricultural machinery be small? What's more, the equipment of Bingcheng Machinery Company is second-hand equipment from the former Soviet Union. The price is cheap and easy to use. Those who order, never worry about not being able to sell.
If it weren't for Feng Yu's request to continue to invest a lot of research and development funds in harvesters, tractors, seeding and plowing equipment, etc., the profit would be even higher.
Agricultural machinery is easy to use, so many people will buy it. It is durable and the price is naturally high. Not to mention, the agricultural machinery of Bingcheng Machinery Company is currently the most famous in China. Farmers are willing to buy it just by seeing this brand!
Moreover, some technologies such as agricultural machinery, motorcycles, and automobiles are interoperable, which also saves a lot of research and development costs. Another ice city has one of the best tire manufacturing plants in the country, bearing manufacturing plants, etc., which also reduced the cost of the ice city machinery company a lot.
Well, the tire manufacturing plant, the bearing manufacturing plant, etc. all have shares in FAW. FAW originally used it to provide accessories for itself, but now, the main order is from Bingcheng Machinery Company, which also makes the boss of FAW He was so angry that he still couldn't intervene. After all, among those companies, there were shares of the Bingcheng Municipal Government, so it was not his turn to dictate!
But a lot of technology in it is provided by FAW. In the eyes of FAW's boss, this is simply an enemy! If it is possible, the vice president who said that he wanted to build a spare parts base in Bingcheng should be fired immediately!
"Mr. Li, how are you? Have you thought about it clearly? How do you want to invest?"
Li Dafu is as wilted as an eggplant beaten by Shuang, how else can he become a shareholder, a subsidiary factory? Then as long as you adjust the production and sales a little, I may lose all my money, and of course I can only invest in the head office!
Do I have to sell my company? From the big boss of a company to a small shareholder with only one or two percent, is this really what he wants? (To be continued.)
PS: For the third update, thanks to **** Shengtian, Moshuai Kuangshiqing, Lonely Wangqing L, Niuyu Armor, lsjyp and other book friends for their monthly tickets, thank you. It's the end of the month, everyone's monthly pass will be wasted if you don't vote, there will be more changes later