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Chapter 550 Miss Dong

"So what?" Chen Geng nodded and asked.

"Citroon Automobile can strengthen cooperation with the technology fields you mentioned earlier, but we need to make more money." Sebastian Bidrasanta said very directly.

After pondering for a moment, Chen Geng asked: "That is, you have a crush on China's huge market, right?"

"That's right, that's it." Sebastian Bidrasanta nodded, not hiding the hardship of Citroen's life now. The whole of Europe knows that Citroen's life is hard, and there is nothing to be ashamed to say it. Moreover, the reason why he became the CEO of Citroen Automobile was to help Citroen Automobile get out of the predicament.

"You are really so optimistic about the Chinese automobile market?" Chen Geng frowned, as if he didn't understand Sebastian Bidrasanta's approach: "Although our country has a population of about 100 million, its per capita income level is very low and the annual sales of cars are also very low. This does not seem to make you make much money."

Sebastian Bidrasanta seemed to have been prepared for Chen Geng's problem for a long time. Hearing this, he immediately smiled: "The second car in your country and we are preparing to build a manufacturing plant with an annual output of 150,000 cars. Isn't this enough to explain some problems?"

Chen Geng was stunned for a moment and smiled: Yes, no one should regard anyone as a fool.

Since China dares to build a large automobile manufacturing plant with an annual output of 150,000 cars, it must be a sign that the Chinese are confident of selling these 150,000 cars.

Just selling is not the point. The key point is that the Chinese believe that even the production capacity of these 150,000 cars will not affect other automobile manufacturers every year. What does this mean? This shows that the Chinese are very optimistic and very optimistic about the future automobile market capacity of their country.

I believe that Citroen Automobile's own evaluation results are also very optimistic.

In this way, things become interesting: On the basis of already having a partner, what would happen if Citroen had another partner in China? How much expectations would the market give to Citroen Automobile? What would the stock price of Citroen Automobile rise to?

Not to mention turning losses into profits, I'm afraid even a large profit is worth looking forward to?

"I understand what you mean," Chen Geng nodded. They are all smart people, so there is no need to continue to circle around. Looking at Sebastian Bidrasanta, Chen Geng said: "What do you mean is to inject funds into this round of capacity expansion of our Runhua Industrial?"

Injecting funds means occupying shares in these new factories. With shares, you can naturally share money when you make money. As long as the French are not idiots, they must analyze the Chinese automobile market. After analysis, they will know a fact: even idiots, they will still make a lot of money in the Chinese automobile market.

And now, it seems that Runhua Industrial is the best choice.

Chen Geng thought seriously.

Before this, he had never considered attracting foreign capital to the system of Runhua Industrial because Runhua Industrial's own cash flow was sufficient, but Sebastian Bidrasanta's proposal made Chen Geng start to seriously consider the feasibility of this approach: Is this really OK? If this is done, what are the benefits for Runhua Industrial?

The answer to this question is so simple that Chen Geng didn't need to think for a long time:

First, unlike the previous "market exchange technology" that the market was lost and the technology was not exchanged. In this cooperation, Citroen Automobile really used real technology to cooperate with Runhua Industrial;

Second, Runhua Industrial has an added halo of joint ventures, which is also a deterrent to many sluts and can invisibly help it reduce a lot of trouble;

Third, when ensuring your control over the company, appropriate profit distribution is actually a good thing.

After just lowering his head and pondering for a few minutes, Chen Geng raised his head and looked at Sebastian Bidrasanta and said, "As long as we can reach an agreement on the following issues, I think there is no principled difficulty to stop our cooperation."

Sebastian Bidrasanta was shocked: "You said, I'll listen carefully."

He spent so much effort on his lips and tongue, wasn't it just for this moment?

"First point, the scope of Citroen Automobile's ability to invest, that is, our cooperation scope is limited to the part of Runhua Industrial's capacity expansion this time, but the entire Runhua Industrial is the beneficiary of this technical cooperation. Of course, as a compensation for Citroen Automobile, I can promise that Runhua Industrial's future expansion will mainly be based on joint ventures;"

When Chen Geng said that the entire Runhua Industry was a beneficiary, Sebastian breezes very strongly, but when he heard Chen Geng's compensation conditions, he immediately agreed without hesitation: "Yes, I agree."

Chen Geng: "Secondly, the cooperation purpose of both parties is to become bigger and stronger in the Chinese automobile market. It is mainly based on technical cooperation, which can be supplemented by the introduction of the enterprise management system. It does not mean that Citroen models are introduced. Of course, if Citroen has models suitable for China in the future, we will also introduce them, but we will discuss the specific issues at that time."

Sebastian Bidrasanta agreed again: "I agree completely."

Chen Geng continued: "Third, Citroen Automobile can invest in good cooperation with European automobile supporting companies with advanced processing equipment. Runhua Industrial allows Citroen Automobile to have a certain premium in this part of the equipment, but the premium part cannot exceed 15%.

Speaking of this, Chen Geng was really gritting his teeth with hatred. In our cooperation between China and abroad, foreign parties were allowed to invest in equipment, but at this time, foreigners took full advantage of this loophole. It was obviously a equipment worth hundreds of thousands, but he would claim millions. It was obviously a equipment worth millions, but he would dare to claim tens of millions. This was simply a disguised robbery. The degree of shamelessness was simply remarkable!

As a result, when many foreign companies and Chinese companies jointly invest, they spend less money when they can, and try to convert shares based on equipment. In the end, they can't even withstand the above, and they have to strictly stipulate the proportion of the equipment conversion shares.

But in many cases, even though we know that foreign companies have huge tricks in equipment quotations, large factories need to introduce too much advanced equipment, and the amount of foreign exchange required to make the competent authorities jump off the building, they had no choice but to grit their teeth and endure it.

Runhua Industrial also faces such difficulties, so Chen Geng specially proposed such a clause: I allow you to have a part of the premium, but it must not be too outrageous.

By the way, there are really no one in China who is confident to speak like Chen Geng.

Chen Geng thought Sebastian Bidrasanta would hesitate, but for the conditions he put forward, Sebastian Bidrasanta agreed to the abnormality: "No problem, I can agree to this."

Is it so satisfying to agree?

Chen Geng was a little surprised, but he was not surprised when he thought of Citroen Auto's current situation. He then said: "The last point is actually about technology. We have to make limits on the technical update degree and time limit. Citroen Auto cannot cooperate with us with the technology that is too backward. Such technology has no meaning to us."

Sebastian thought about Chen Geng's condition a little longer than Drasanta, but it was just a little longer. After some thought, he still "

He smiled and stretched out his hand to Sebastian Bidrasanta and said, "Mr. CEO, I think we can now discuss the framework of cooperation between the two parties."

Sebastian Bidrasanta didn't expect Chen Geng to agree so quickly. He couldn't believe it at the first moment. The next moment, he was very happy and held Chen Geng's hand tightly and refused to let go: "Really? That's great! God, this is what I have heard of in recent months."

Sebastian was so happy that he was about to go crazy. At this moment, he even felt that China was the blessed place for his life.

Investors also used their actual performance to prove to the senior officials of Citroen Automobile and PSA Group how correct the decision of Sebastian Bidrasanta was: a month later, Sebastian Bidrasanta announced as Citroen Automobile CEO as Citroen Automobile CEO and announced that Citroen Automobile would cooperate with two Chinese automakers, and after the general content of the cooperation was announced, the stock market was in full swing. After Sebastian Bidrasanta announced the news, on the same day, Citroen Automobile's stock price rose by more than 76%, the largest single-day increase of Citroen Automobile in recent years.

This is not over. In the next week, Citroen Automobile's stock price rose every day. Although the daily increase was slightly different, the daily relative increase was not small. Sebastian Bidrasanta also completely settled on the chair of the CEO of Citroen Automobile with his "wise" decision.

What was Chen Geng busy with when Sebastian Bidrasanta was in high spirits? He was busy with the inspection work. The first stop of the inspection was Jinling City, the capital of Jiangnan Province. When he saw someone at Runhua Industrial’s dealership in Jinling City, Chen Geng’s mouth suddenly grew up: No, isn’t it? Miss Dong?

Miss Dong, you are the famous Iron Lady, why did you appear here?
Chapter completed!
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