In the new century, the financial company finally embarked on the road of previous life, which also set an example for other similar enterprises. That is, if the company is going bankrupt, the government axe will find a way to deal with it.
The previous life is not the new century financial company that LiangFang group took over, but this life has changed. Maybe it's because the negative news of this life is fiercer than the previous life. Other companies have been afraid to accept the offer.
Fannie and Freddie not only took over the new century financial company, but also many similar companies. Of course, specific negotiations are still under way, and these negotiations are mainly to protect the interests of those investors.
This investor does not refer to those who have bought stocks or bonds in the financial market, but to those large shareholders. As for those small investors, they have no time to pay attention.
But at this time, Feng Yu didn't look at LiangFang group. Even if a large enterprise wants to go bankrupt, it will take a certain time.
Feng Yu just arranged for Ralph and others to continue to dig into the negative news of those small real estate financial companies, so that the subprime mortgage crisis would be more violent and the two housing groups would be more and more deeply involved.
If Fannie and Freddie are only taking over one or two enterprises, maybe this crisis will really survive. However, the so-called "no poverty, no poverty, no inequality" also applies in the United States.
It can't be said that the U.S. government axe commands LiangFang group to help the larger new century financial companies, and then it doesn't care about the lives of other real estate financial companies, right?
In this way, LiangFang group will slowly fall into the dilemma of boiling frogs in warm water. By the time they react, the non-performing assets will not be eliminated.
At this time, Feng Yu instead looked at the same cars in the United States, which is still the world's first automobile group at this time.
In the past, it was also because of the subprime mortgage crisis that the co use car also fell into bankruptcy. At last, it was the government of the United States and Canada that made the co use car set sail again. For this reason, the co use car also made many choices, such as selling the shares of Huaxia joint venture company.
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"Mr. Malfoy, our wind and rain holding group is very sincere. Your company is in deep debt crisis now. Selling the shares of Huaxia joint venture company to us can greatly relieve your pressure. "
"And no company has enough cash reserves like our wind and rain holding group. They can pay part of the cash at most, and then either give some shares, or pay in stages, which will not solve the problem for you at all."
"If you like, you can sell some of your brand assets to us at the same time, which can also reduce your expenses and greatly help you reduce your losses."
Ralph had his legs up and a confident smile on his face.
The boss is right. There is something wrong with the same car, the world's number one car company. Otherwise, it will not be implied that the president of the other party will find the door himself.
"Ralph, Huaxia is the most important automobile sales market that we open up in the new century. Huaxia is also our most optimistic and fastest-growing market. In order to enter the Chinese market, we didn't hesitate to accept very harsh joint venture conditions. Moreover, we also ranked first in the middle-class sales volume of Chinese joint ventures."
"We never intended to sell this share, and the joint venture has been making money."
Ralph interrupts Malfoy: "you mean that only businesses that lose money will be considered for sale? So why do we buy it? Now you need cash to save other businesses. Anyone can do this, but no one is willing to take it. "
"Although our wind and rain holding group has money, it is not a fool. And to be blunt, Bingcheng machinery manufacturing group, a subsidiary of our boss's other enterprise, is the largest automobile manufacturing enterprise in China. The production and sales volume of your demons are less than a quarter of that of Bingcheng machinery manufacturing group. In addition, there are joint ventures of Volkswagen and crazy fields, as well as their own brands. "
"But you are not as good as Songjiang automobile, let alone the two sub brands of Dongfang shenlu and ELF under the ice city machinery manufacturing group. Believe it or not, we don't need anyone else's help. With the help of Bingcheng machinery manufacturing group, we can let you all use the same product and sales volume of this year to decline? "
There is a flash of anger on Malfoy's face. Ralph is too arrogant. What does that mean? If we don't sell it, you can't suppress it?
That's a joint venture car enterprise, and it's the state-owned capital of Huaxia that accounts for two-thirds of the shares. Is Feng yudare to crack down on Huaxia's car enterprises, not afraid of Huaxia's political axe to find trouble?
But if it's normal business competition, they can't say anything. Once Feng did, the same car would be even worse.
As Ralph said, it's not that no one is interested in the shares they use in the joint venture in Huaxia, but the other side really can't give much money and wants to use some shares and periodic payments to buy them. What's the line?
We want to use cash to help the head office through difficulties. Huaxia's shares are profitable. Although periodic payments and shares seem to be quite a lot, they do not help.They also know that the wind and rain holding group now has enough cash, so they took the initiative to find them. As for the potential to increase the strength of competitors, they have also considered this situation, but there is really no other way.
And what they are going to sell are non American brands, that is, to ensure that the North American market is not lost, coupled with their increased market share in South America, they can still ensure that they are the world's top two car companies.
"Mr. Ralph, there are other companies that want to buy shares in our Huaxia joint venture. We don't have only one choice."
"Of course, for the time being, it seems that we should give priority to wind and rain holding group, but it is not absolute. As for that you want to buy other sub brands of our company, it's not impossible to talk about it. We are also interested in selling shares of some sub brands, even including some wholly-owned sub brands. "
"In this way, I'll prepare a catalog for you. You can contact me if you like."
Ralph smiled and said, "don't worry about it. You use nearly 30 brands of cars. We don't have much to look at. I've also prepared a catalog. It's something we intend to acquire. Take a look and give me a reply later. "
Malfoy froze, what do you mean? Does the wind and rain holding group want to buy their brand of the same car for a long time? They have always been the world's No. 1 auto company. How do they know that they are in financial difficulties?
Malfoy took a deep look at Ralph and left with the catalog.
…… (to be continued. )