Chapter 366 Boiling car suppliers!
"Mr. Paul, you heard it right. We are a special procurement department affiliated to Citigroup. If you are willing to sell the old piston production equipment under your name, we will have a professional lawyer group to sign a contract with you in person."
"As for the purchase price of equipment, the quote we have given you here is about 30% of the time when the production line landed. What do you think?" The female voice on the other end of the phone told the situation in detail.
As for the office, Paul, who had already been excited, showed an incredible expression at this moment.
"What?"
"Acquiring at 30% of the original price?"
"Can you actually give such a high depreciation price?" Paul murmured to himself.
You should know that several bosses who specialize in producing tractor pistons came to Paul's factory in person to inspect the piston equipment he had eliminated three generations.
But the problem is that the price given by the other party is only 15% of the original price.
Unexpectedly, these equipment that are about to be demolished can still be given a purchase price of 30% when Citigroup comes. This is much beyond Paul's expectations!
"Sell!"
"I agree to sell these production lines!" Paul shouted with an excited look, afraid that the Citigroup staff on the other end of the phone would regret it.
Such a good opportunity is like a pie falling from the sky. It’s hard not to catch it!
After some detailed communication, two lawyers in suits and ties came to Paul's piston factory with a purchase agreement that afternoon.
As for the process of their acquisition of the old piston production lines, Paul, the manufacturer, was even more shocked.
Good guy!
As soon as the two lawyers entered the door, they didn't ask much questions. They just took photos of the production lines and then signed a acquisition agreement with the factory manager Paul.
As for the payment of goods of 30% at the original price and nearly 600,000 US dollars, it was transferred to Paul's account by bank transfer within a few minutes after signing the contract.
Such a rush to acquire the company made the staff in the piston factory dumbfounded!
Is this acquiring equipment or a visit to Walmart supermarket?
You guys, at least you have to send someone who knows technology to check out the production line!
If you buy a pile of scrap iron, wouldn’t the 600,000 US dollars be thrown into the water?
But the problem is that the two lawyers here received a dead order assigned by the superior. That is, they will take down the production line in the shortest time regardless of cost!
This is why this scene is a joke purchasing situation.
...
The scene that happened in Paul's piston factory also spreads through the streets and alleys of Detroit.
On this day, all the automobile suppliers holding old and eliminated equipment production lines in their hands received the acquisition intention from Citigroup.
From the car's headlights to the car's territory, all manufacturers that match more than 20,000 parts of the car have obtained a purchase price of old equipment that is about three floors above the market price.
That night, Detroit's car suppliers went crazy!
You should know that with the former Auto City declared bankruptcy, more than 90% of suppliers are desperately trying to lower prices and sell non-performing assets.
These old production lines that have eliminated three generations or even several generations are even more difficult among these non-performing assets.
Now, no one cares about it, even if you buy one and get two free, no one wants the old goods, but a big belly man came and ate them all.
The scene was like a second kick between the car suppliers, and it was so fucking that it was so exciting.
"Have you heard of it?"
"These cylinder head production lines in the old Pete factory that were almost rusted were all acquired!"
"What? Just those rags, are there anyone who wants them now?"
"It's not just someone who wants it, but I heard that the purchase price is overflowing by 35% than the market!"
"What? It's overflowing...a premium purchase? Old Pete's cylinder head lines are usually given to others and no one wants!"
"Who knows? Maybe old Pete is lucky and stepped on shit when he goes out."
In a secluded bar in Detroit, several manufacturers engaged in the supply of auto parts were chatting about interesting things that had happened in the circle over the past half day.
"I heard that a big dog dealer entrusted Citigroup to acquire it."
"Many bosses of small factories around me have received quotation orders. Now there are a few contracts that have signed the contract and have packed the equipment and shipped it to the port!"
"Do you know the destinations printed on those containers?"
"It's China!"
"What? That big dog family is Chinese?"
"I just said that it was a fool who would spend so much money to purchase old equipment. I guess the Chinese people bought it back to deal with the parts of agricultural machinery, right?"
"Who knows? China is the largest creditor of our United States now. These Chinese people have green and oily US dollars in their hands. Premium acquisition is really nothing." An automobile supplier sighed.
"Oh! It would be great if a few old equipment in my factory could be taken away at a premium. In this way, I can take my children to ski vacation in Switzerland." Another older supplier said.
Just as everyone was chatting about the lively news in the circle, one of the young suppliers suddenly received a quote call from Citigroup.
Now, the old friends who were drinking beer at the same table looked at him and felt envious and jealous.
"Dear brothers! Our opportunity is here!"
"The person in charge of Citigroup just said that as long as we have old production equipment in our hands, we can go to the door to find them to ask for a quote."
"And the more equipment you introduce, the higher the offer you offer!" the young supplier shouted with an excited look.
As for those car suppliers sitting quietly in the bar, they all began to calm down.
"What? Can you get discounts in a group?"
"What are you waiting for now! Hurry up and mobilize your relatives and friends around you!"
As a result, another new wave of procurement has set off in the automotive supply circle in Detroit!
As for Chen Hao, the initiator, he was lying happily on the sofa in the MGM Hotel, watching the dynamic data sent by the Citigroup Procurement Team.
"Citibank's service efficiency is really good. It helped me acquire more than 2,000 survival routes in 3 days."
"If I had done this myself, I would have broken my legs and I wouldn't have dealt with so many manufacturers." Chen Hao stared at the report data and sighed with satisfaction.
The same old saying!
If you have money, let alone let the ghost push the grinding, let the grinding push the ghost!
Citigroup, which received Chen Hao's high commission, almost had enough power, and was crazily consuming the 10 billion US dollars budget that Chen Hao had hit the other party's account.
Because in the eyes of Citigroup's senior management, a customer who is surrendered like Chen Hao cannot find even with a lantern.
At this time, it is not the style of their major international investment banks.
However, when the automobile production lines packed and shipped to China began to appear one by one in Chen Hao's [Enterprise Management] function.
The strings of equipment upgrade symbols marked with the green upgrade arrow "↑", really made Chen Hao lie on the sofa and laugh.
Because in Chen Hao, who has the function of enhancing the production line, it is hard to say who will kill whom!
Chapter completed!