Reborn Entrepreneurial Giant

Chapter 248 Auspicious Cloud Lai Shixian (Part 2)

Qu Li doesn't understand how strong the family relationship in Fujian Province is, but from the perspective of human nature, for a man, it is better to be a general than to be a son-in-law.

Xiangyun's performance is good, but the shortcomings are very obvious. There is room for Lai Shixian to play, but Ding Shizhong is considered a wise master. From the derivation of the results, we can know that Lai Shixian has gained trust in Anta and has a lot of authority.

Is it possible for Lai Shixian to pretend to join Xiangyun, and then cooperate inside and outside to help Anta win Xiangyun? It cannot be said that there is no such possibility, but Jumei will give him real power and equity incentives. As long as he has the ability, it may even be possible to achieve management buyouts in the future. In this case, the price of betraying Xiangyun is too high, it is a double loss of money and reputation.

Everyone in Jumei didn't have much opinion on Qu Li's decision, and it was easy to confirm that Qu Li had no selfish intentions in this matter. No matter how well Xiangyun operates, it is not the core business of Jumei. If it is sold, it will be sold. There is no pity.

When Ding Shizhong went back, he told Lai Shixian the news, which aroused a discussion among his family, father and son soldiers, brothers fighting tigers, Anta is a typical family business, and it can be said that Ding Shizhong's personal ability and charm are very outstanding.

"What did the second brother say?" Mrs. Lai Shixian didn't immediately object

"He said that Jumei is a good company. The founder, Qu Li, is very courageous, good at learning, and willing to delegate power. Jumei and Glory are both managed by others. He will not lie to you about this. However, if you don’t do it well, you may be kicked out by Qu Li, and you will be ashamed..."

"Second brother said so?"

"Qu Li can even drive away Zhou Shaoning, the co-founder of Glory, let alone me."

"Then you don't want to go, stay at Anta, be safe, second brother..."

"Let me think about it again. The second brother said that Xiangyun may merge with Anta after it goes public."

"This..." It's hard to persuade

"Can Xiangyun really sell 1.1 billion a year?"

"Ninety-nine are inseparable, their foundry is not a small company."

"No matter what choice you make, I will support you. Even if one day you are kicked out by Xiangyun, I will ask my second brother to give you another chance."

"Don't worry, there won't be such a day."

"Why do you think Qu Li drove Zhou Shaoning away? Glory's development is not bad?"

"I heard that Zhou Shaoning stopped Qu Li from building a car, and the two disagreed."

"He sells mobile phones. Isn't it ridiculous to build cars?"

"The second elder brother also asked him this question, and Qu Li explained it. He was right. The pure electric vehicle industry is of strategic significance to Zhongying. He may not continue to try after several failures, but for the country If you fail 100 times and lose 100 billion, you still have to..."

"You and your second brother don't really believe it, do you?"

"What he wants to build is not just a pure electric car, but a pure electric car with automatic driving function. Many foreign companies are already working hard. In the next ten years, we can see the hope of automatic driving, and it is likely to become a reality in the next twenty years. ..."

"Really, he's an orphan who understands this?"

"You don't have to understand it by yourself..." Lai Shixian sighed, and didn't explain to his wife. Qu Li is obviously not an ordinary person, and he can often break common sense.

Soon, a more unreasonable news came out. The news of Honor's intention to acquire Changfeng Automobile was spread in the market for some reason, and the stock price of Changfeng Automobile soared.

Qu Li left Yangcheng and returned to Xingsha at this time. Under the heavy pressure of the provincial government, Chairman Li of Changfeng Group finally gave in and was willing to cooperate with Qu Li to control Changfeng Automobile.

The chairman of GAC found Qu Li, and Xiang Province had been looking for him since last year, but now he suddenly repented and disrupted many of their arrangements.

"It was their initiative to invest and produce Honor mobile phones in Hunan Province..."

GAC quickly accepted Qu Li's explanation, God did not accept it, but took the blame. Honor was supposed to build cars, and now it has the opportunity to learn more about this industry in advance, why refuse?

Although GAC is not reconciled, there is no way. Although Qu Li is young, Glory products are sold all over the world. Jumei has become the fastest growing e-commerce company in North America, and its influence is not necessarily worse than GAC.

When Qu Li returned to Xingsha, Spreadtrum completed the acquisition of Freescale's baseband chip business, including a team of nearly 300 people, as well as a large number of patents and technologies. The funding involved was nearly $200 million, far exceeding previous expectations.

There are also advantages. Spreadtrum has left an experienced team, which can shorten the follow-up development time. Motorola will purchase Spreadtrum's baseband chips in China and actively promote this acquisition.

Northern Lights is unwilling to increase capital and expand shares, and most of the funds are raised through debt models. This increases the operating pressure of Spreadtrum and prompts CEO Li Liyou to turn to Envision.

Qu Li didn't pay attention to all kinds of complicated things that happened behind this. He knew that the plan of Honor and Spreadtrum to jointly develop ARM architecture chips could finally be realized.

Spreadtrum acquired Freescale's business, and China's high-tech companies made aggressive acquisitions during the subprime mortgage crisis. Spreadtrum, a chip design company that was listed and delisted soon, attracted a lot of attention from domestic media. The Vision Fund is once again part of the financial headlines.

Qu Li sat in Xingsha, watched all this indifferently, started negotiations with Changfeng Group, and continued the negotiations on the basis of their negotiations with GAC. Changfeng Group holds 50.98% of the shares of the listed company Changfeng Automobile, and Glory wants to take over 29% of it and become the largest shareholder of Changfeng Automobile.

Mitsubishi was also involved in the negotiations. Mitsubishi Motors suffered serious losses during the financial crisis due to serious quality defects. The cooperation between China and Changfeng is not pleasant, which can be seen from the fact that Mitsubishi no longer authorizes the brand and technology of Changfeng Pajero. It is only a matter of time before Mitsubishi transfers shares in Changfeng Motors.

"If you want to cooperate, continue to authorize, or transfer the shares..." Qu Li's meaning is very clear, don't force it, Mitsubishi Motors is not a first-tier brand in the first place, and domestic consumers' consumption thinking has not changed, otherwise, who would value them?

Glory took over 29% of Changfeng, and Xiangcai Securities took over 14.59% of Mitsubishi, adding up to 43.59%, enough for Qu Li to control the board of directors of Changfeng Motor.

The Vision Fund promised not to hold more than 70% of the shares in Xiangcai. At this time, it was only 55%, and the remaining 45% was taken over by several state-owned assets in Hunan Province. If the shareholding ratio exceeds one-third, it will have a veto power. Therefore, Xiangcai Its position is very vague, and it is precisely at this time that it shows its advantages.

Glory's acquisition of 29% of Changfeng Motor's shares to become its largest shareholder is just the beginning. In order to supplement cash flow, it will issue additional shareholders, but the approval of relevant departments is required, so the process is relatively long.

"That's it!" Qu Li agreed to the proposal.

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