The city's attitude has changed, and so has Feng Yu's.
Originally, Feng Yu made a lot of concessions because the city said it could sell the entire car project to him. Now that the city has gone back on its word, Feng Yu certainly has not agreed to the terms previously negotiated.
Do you want me to continue to invest in the machinery company? Okay, then let’s calculate the market value of the machinery company’s shares and calculate how many people in the machinery company are doing nothing.
In this negotiation, Fu Guangzheng also came to inject capital into the machinery company. Of course, he had to be notified as a shareholder.
Fu Guangzheng was also confused when he learned that Feng Yu would invest more than one billion yuan to increase his shareholding ratio and then build multiple automobile and motorcycle branches.
Fu Guangzheng and the entire Fu family supported the construction of an automobile branch factory and the launch of the sedan project. However, the whole project was so big at once without considering the market's bearing capacity. In the early stage, he would definitely lose money continuously. Fu Guangzheng hesitated. After a long while, I called my father and uncle to discuss it again, and finally said that he had no money to continue to inject capital and was willing to accept the dilution of his shares.
Feng Yu suddenly invested more than one billion. If Fu Guangzheng wanted his shares not to be diluted, the amount of money he needed to spend was not a small amount. His father invested most of his money in real estate in Xiangjiang, and Fu Guangzheng also made an investment. He really couldn't afford so much money.
In addition, everyone including the uncle believes that although the mainland's automobile market is expanding, especially the sedan market, it is far from as optimistic as Feng Yu estimated. If Feng Yu wants to launch such a big project, he must spend money to gain market share and focus on the future.
At the beginning of the year, Feng Yu successfully predicted the Gulf War and made a fortune by speculating in London gold and oil futures. Feng Yu could not afford to lose one billion RMB, but Fu Guangzheng definitely could not afford to lose.
Moreover, Fu Rongqi suspected that Feng Yu's crazy investment in the automobile industry might have resulted in other benefits. Fu Guang cannot enjoy these benefits, so he would rather let Feng Yu dilute his shares.
After accounting, the market value of the machinery company is 432 million. This is the result of many calculations by the city. Feng Yu was very satisfied with this result. Those people in the city didn't know how to calculate the market value of a company. If Feng Yu wanted to calculate higher, he could calculate a market value of at least 500 million. It can also be justified.
Feng Yu invested one billion in cash, plus the equipment he had contacted with Brother Ji, etc., and the price was three hundred million, for a total investment of 1.3 billion!
Feng Yu made some concessions, and eventually the city's shareholding ratio was reduced to 7%, Fu Guangzheng's shareholding ratio was reduced to 4%, and the Feng family's shareholding ratio soared to 88.4%. , there is also a mysterious shareholder that no one has come into contact with before, holding 0.6% of the shares.
Feng Yu made concessions on the shareholding ratio. Of course, the city also made concessions on other conditions and transferred all the bloated cadres from the machinery company such as discipline inspection and publicity. Feng Yu said that these people and these positions are not needed by the machinery company, but they will. The power of the trade union has been retained, which is very much supported by all employees in the company.
Financially, leadership from the top down. They were all promoted by Feng Yu, and the power in personnel matters was firmly in Feng Yu's hands, and he would be the factory leader of each branch factory in the future. Including the leaders of the head office, according to regulations, everything must be discussed at the shareholders' meeting.
Who has the final say in the shareholders’ meeting now? Of course it’s Feng Yu, the controlling shareholder!
The construction of the automobile branch in Bingcheng was accelerated, and Feng Yu also sent people to contact the government there in places he was optimistic about, expressing his willingness to invest in building the branch factory, and striving to do so in the shortest possible time. When negotiations are completed, at least by the end of this year, the land will be leveled.
Feng Yu himself went to Hangzhou.
There are two very important things to do when arriving in Hangzhou. The first one is to try to acquire the shares of other shareholders of Lehaha. As for Zong Qingxian, Feng Yu will not move it, lest Zong Qingxian start a new business. Second, Feng Yu is looking for someone, the future boss of China’s private automobile industry, Li Dafu!
Li Dafu was a legendary figure in his previous life, no less legendary than Zong Qingxian. Zong Qingxian is the boss of the domestic beverage industry, and Li Dafu is the boss of the domestic private automobile industry, and is the first domestic company to own a major international brand automobile, and is also ranked among the Fortune 500.
What was Li Dafu doing at this time? He opened a small factory, which will be the predecessor of his group in the future. It mainly produces refrigerator accessories, decoration materials, etc., but his factory developed China's first magnesium-aluminum curved plate, which is a magnesium-aluminum alloy. Thermal and sound insulation, anti-corrosion and waterproof.
From this point of view, it is no wonder that he can say that with four wheels, an engine, and a shell, it is a car. At least in terms of the shell, Li Dafu is doing well now.
Without Feng Yu's intervention, Li Dafu would have entered the motorcycle market two or three years later and achieved great success, allowing him to quickly accumulate funds and become familiar with engines and wheels.
But there is no chance in this life. With Feng Yu's large-scale layout, the largest motorcycle manufacturer and seller in China in the future will definitely be Bingcheng Machinery Company, and it is not impossible to even become the largest in the world.
And those small local factories will definitely not be able to develop. Li Dafu's way to quickly accumulate funds is blocked, and the launch of the car project will probably not happen either.
But it is said that Li Dafu has a charming personality, knows people well, and is very able to listen to other people's opinions. In his previous life, his company also successfully transformed from a family-owned enterprise into a modern joint-stock enterprise, which is very admirable.
It is too difficult to choose a successor for a family-owned company. After all, there are few choices. But joint-stock companies are different. They can choose a good president from tens of thousands of people.
Li Dafu's several rounds of financing were also very successful. They not only retained Li Dafu's shares and power, but also allowed the company to obtain funds to develop rapidly.
In addition, Li Dafu pays attention to technology research and development, and deeply understands that technology is the last word that hinders the development of China's automobiles. He spent huge sums of money to establish an automobile research institute to study automobile engines, transmissions, electronics, etc. This is what Feng Yu values the most.
This time Feng Yu just wanted to get in touch with Li Dafu and see if Li Dafu was as magical as the rumors said. If the rumors are correct, then this Li Dafu and Feng Yu will be poached to the machinery company as the vice president, responsible for the car project.
With the promise of high salary + equity, I believe Li Dafu cannot refuse this temptation. Maybe Li Dafu would refuse the high salary, after all, he is the boss now. But with equity, you are also the owner of the company, and the equity given by Feng Yu will definitely not be small, one percent is tens of millions.
This condition should be enough to impress Li Dafu. If that doesn't work, Feng Yu can also use some small means to swallow up Li Dafu's current factory. A factory with a market value of less than 10 million, it would be too easy for Feng Yu to swallow it up.
Feng Yu walked into Li Dafu's factory, Li Dafu, I hope you won't disappoint me! (To be continued.)
PS: Thanks to Xiaoxiao Haoke, I Think I'm Good, and Moderator Copy Is a Pig for the reward. Thanks to Universe Galaxy Legend 1988 for the reward. Thanks to yang199174 for the generous reward. The leader is mighty and celebrates with flowers! The leader of the alliance added ten more, and the fourth child owed more debts, so he continued to work hard to make up for the debts.
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This is the first update today, the second update will be around 12 o'clock.