msmithbooks Chapter 255 Investing
Chapter 255 Investing
Not long after completing the application for the college entrance examination, it will be summer vacation. In the past three years, they have driven around the country almost all over the country. This summer vacation, they are going to go abroad to see the world.
The first stop was Europe, led by Chongyang and Emma, Yuanqiu and his wife, Yu Zhiwen and his wife, five children from Yuan's family, Mulati's eldest son and Sonar's eldest daughter.The brothers and sisters both had their second child two years ago, and the children are still young, so they usually don't take them with them when they go out.
A group of more than a dozen people was mighty and lively.
After Yu Zhenxing passed away, Yu Zhiwen finally had time to do what he wanted to do.
Yuan Xia and Yu Xing covered all the travel expenses, which can be regarded as repaying the sacrifices made by the sister and brother-in-law over the years.
The first stop was Germany, and Yuan Xia and Yu Xingyi also went with them, because the second phase of the construction of the German branch was completed, and it happened to be put into use during the summer vacation.
It was the first time for Yu Zhiwen, his wife and Wenbo to go abroad. Others have more or less gone abroad. They usually travel as a small family, mainly in Japan, Singapore, Malaysia and Thailand around China.
Office workers don't have much time, only three to five or seven days such as Golden Week and small holidays, so they can't go too far.
The whole family visited the German branch of Xingyuan together, and participated in the opening ceremony of the second phase of the Bochum branch together.
After that, Yuan Xia and Yu Xingyi accompanied everyone to visit Germany and France before returning to work in Germany.
Seeing them going back to work, Qu Wenyuan also wanted to go with them, but was persuaded by Yuan Xia, it was rare to have a chance to go out with Yuan Qiu, so don't rush to work.
Germany's Master company only realized profitability in the fourth year after Xingyuan took over. The R&D personnel combined the technologies of Master and Xingyuan, coupled with the intelligent system, to upgrade the concrete machinery technology.
In 2016, Master's concrete machinery returned to the pinnacle of the European and American markets and became the well-deserved world pump king.
Xingyuan's cement pump truck technology has also been upgraded, not only the power system, but the carbon fiber composite material jointly researched by Xingyuan Materials Research Institute and the Chinese Academy of Sciences has made the height of the boom pump truck reach 91 meters, becoming the world's highest. It turned out that it was more than 70 meters soaring to this height at once, which made the industry peers only look up.
The construction of the Bochum branch has been completed, and the product line has also been improved. The products produced are all products that are in short supply in the European and American markets, mainly small and refined.
Due to the use of brand-new production equipment, the cost is relatively low, the market competitiveness is relatively strong, and the application of intelligent systems also has relatively strong competitiveness in the world, and the sales volume is also growing at a relatively considerable rate.
While Yuan Xia and Yu Xingyi were working in Germany, the rest continued to travel in Europe.
They traveled from Western Europe to Southern Europe to Eastern Europe and Northern Europe. The last stop was Iceland. The summer vacation was almost over, and everyone flew back to Beijing from Iceland.
When Wen Bo came back, he brought many gifts to Yuan Xia and Yu Xing, all of which he bought and collected along the way, some were practical, and some were pure decorations.They are both very happy that their son has grown up and knows to buy them gifts.
During the winter solstice, return to Shenzhen first, and then report to Yuecheng.Originally, he wanted to refuse his parents to send him to school, but Yuan Dong said that he wanted to come back to see his eldest brother and sister, Dong Zhi couldn't refuse.
Yuan Dong also had mixed feelings in his heart, he didn't expect his son to go back and forth to the university in his hometown in the end.
Although it seems a bit regrettable to outsiders, the couple is still satisfied. Although their son's grades are not as good as outsiders expected, they are already very good. The key is to have three views, good conduct, and ideals. What a pity.
Yuan Xia and Yuan Qiu said, "Don't worry about going to university here during the winter solstice."
Chang Le said with a smile: "There is nothing to worry about, he is a boy, and I don't worry about where he goes."
Yuan Dong said: "Actually, I thought he would not apply for the school in Yuecheng. He has been big-hearted since he was a child, and said that he would go to a city where he has no acquaintances to go to university. I didn't expect him to apply here in the end."
"I don't want to come to Yuecheng to go to university. I'm such an old man, and I'm so close to my family when I go to university. The scope is limited." Dongzhi said and shrugged.
Yuan Qiu couldn't help laughing when he heard the words: "You are such an old man, we won't go to school to see you, come back if you want, and don't rush you if you don't come back, we will give you enough freedom and space."
Winter Solstice clasped his fists: "Thank you, Auntie, for your understanding."
Wen Bo said: "Brother Dongzhi, I'm going to your school to find you."
Winter Solstice raised his hand and hooked his shoulder: "Of course it's okay, we are the same age, and we can't be regarded as taking care of the elders."
During the winter solstice, Wenbo was the happiest thing when he came to Yuecheng to go to university. He had another playmate, and he was much happier than Qian Chongmao. He might be envious when he was alone in Xi'an.
Yuan Dong stayed in Yuecheng for two days, and talked about work matters while chatting with Yuan Xia.
Yuandong said that their company is currently cooperating with an electric vehicle company to help them build a smart vehicle system.
Yuan Xia said: "I think new energy vehicles will be a major trend in the future. Japan has not made breakthroughs in hydrogen energy vehicles, but domestic electric vehicles have launched several generations, and national policies are encouraging new energy vehicles. I’m optimistic about overtaking on a curve.”
Yuan Dong nodded in agreement: "What you said makes sense. I also think that we can overtake on curves. Brother, our company plans to cooperate with electric car companies and make electric cars in the future. We produce technology, and the other party makes cars. What do you think? ?”
Yuan Xia asked: "Which company do you plan to cooperate with?"
Yuan Dong said: "The future."
Yuan Xia's heart moved when he heard the words: "I think it is possible." Future is one of the main brands of new energy vehicles in the future.
In fact, Yuanxia is also considering investing in electric car companies. Sales of construction machinery are cyclical, but cars are different, and the cyclical cycle is not so obvious. With the development of society and economy, the demand for cars will increase.
Xingyuan needs a continuously growing profit point to help the company survive the industry downturn.
Yuan Xia said: "When you cooperate with the future, see if they still need funds, and I plan to invest a little."
Yuan Dong laughed: "Brother, do you also want to invest in electric cars?"
Yuan Xia nodded: "That's right, you can't put all your eggs in one basket."
"Okay, I'll go back and ask for you."
In the past few years, the industry market has been bad, and Xingyuan has reduced a lot of expenses. Except for the second phase investment and construction of Bochum Company, no other investment has been made. Now that the industry is recovering and the funds are more abundant, Yuanxia wants to take advantage of the development Nice situation to plan for a rainy day and make some good investments.
At the beginning of November, Yuandong brought news to Yuanxia that Future Auto was financing, and asked Yuanxia to discuss cooperation with Future.
Before contacting the future, Yuan Xia convened a board meeting to discuss the investment, but still encountered great doubts.
The general opinion is that the company's performance this year has just started to improve, and the funds are not abundant. Now it is a bit risky to spend a large sum of money to invest, so it is better to wait.
Yuan Xia said: "The sales in the first three quarters of this year have already exceeded the sales of the whole year of last year, and last month's sales were 9% more than in September. This shows that the recovery of the industry is not an illusion, but a real one. Yes, we are now facing a cyclical peak in the industry, and it is still going up. Next year's sales will only be more than this year. We can't wait until next year when we have spare money before considering investment, because investment opportunities are fleeting .So even if it’s a loan, I decided to facilitate this investment.”
Yu Xingyi said: "I also agree with Mr. Yuan's approach. Our company mainly invests in the construction machinery industry, and the cycle of our industry is too obvious. If we do not diversify investment, the company's ability to resist risks is too weak. Wait for the next When the Lunbo Valley comes, I don’t know if I can be lucky enough to carry it over.”
Cui Pingsheng said: "I agree. Don't put all your eggs in one basket." He saw Xingyue's tragic situation with his own eyes, and he was heavily in debt. If it hadn't been supported by the government, he might have collapsed.
As a result, the matter of cooperation with Future was approved within the company, and the next step is for Xingyuan to take the initiative to contact and negotiate with Future Auto.
Xingyuan has been developing lithium batteries a few years ago, and has also cooperated with BYD, but the cooperation is limited to technology exchange, and there is no deeper cooperation.
Yuan Xia's plan this time is to see if he is willing to exchange battery technology for shares in the future, and if not, then inject funds.
The future car started nearly 20 years later than BYD. They mainly design and produce new energy vehicles. The battery has not been developed by itself and is ready to purchase.So when Yuan Xia proposed to invest in battery technology, the other party was obviously very excited and said that he would consider it.
Xingyuan does not specialize in the production of lithium batteries, and its technology is slightly behind that of professional lithium battery manufacturers because it does not invest as much in research and development as the other party.Of course, it can still be used, after all, it has conducted technical exchanges with BYD.
But this is definitely a huge temptation for the future without its own battery. After all, which electric car manufacturer is unwilling to have its own battery?
However, for a company that has only been established for two or three years, there are too many places to spend money, and it is impossible to recover blood from the market in the early stage, so some things that can be put aside are put aside first.
Now there is an excellent opportunity in front of you, ready-made battery technology, and even the production line, how could you not want it?Even if the technology is not the top, it can at least reach the eighth level. Isn't this much faster than starting from scratch?
The future boss personally called Yuan Xia and expressed his willingness to cooperate.Yuanxia invited them to Xingyuan to inspect the battery technology and production workshop, and the other party readily agreed.
A few days later, the future boss came with a group of people. After visiting Xingyuan's battery R&D center and production workshop, Fang Fang strongly invited Yuanxia to discuss cooperation in the future.
Yuan Xia hurriedly led Tao Yang and the person in charge of the battery R&D center to the future automobile headquarters. The future factory is located in Suzhou, not far from Xingyuan Shanghai Branch, and the communication between the two parties will be more convenient in the future.
Yuan Xia stayed in Suzhou for a week and reached a preliminary cooperation intention.Xingyuan provides battery technology for the future and provides 5 million funds to obtain a 6.5% stake in the future.
In the early stage, the battery was provided by Xingyuan, and after the establishment of the battery production workshop and technology research and development center in the future, it will be produced by itself in the future.The battery technologies of the two companies need to communicate and communicate with each other.
So far, no cars have been produced in the future, and this investment actually looks like a big gamble to outsiders.
But Yuan Xia knows that in the not-too-distant future, he will be a star in the field of new energy vehicles. Now he only needs hundreds of millions of funds to get so many shares. Such a small amount of money.
The date of signing the contract between the two companies was January 2018, 1, the first day after the New Year's Day holiday. Just the day before, Future released its first car, and Yuan Xia was also invited to participate in the press conference.
A good start to 2018 is a good sign for Xingyuan and the future.
In 2017, for Xingyuan and even the entire construction machinery industry, it was a year of turning around. The growth rate of the whole industry exceeded 30%, and Xingyuan's growth rate reached 41.3%, and the annual turnover reached 633 billion yuan.