1398 madness under $35 billion in loans
"Chief, we are not just tightening our belts to live..."
Xie Kai looked depressed.
I have been living a life of tightening my belt before. If I do this, I have already tightened my belt and my belt will be tighter...
"How do you deal with the orders from Iraq?" Long Yaohua suddenly asked the 404 people.
"All orders have been put into production plans, and 24 aircraft can be assembled every month, and all of them can be delivered in half a year. The Soviet engines will come soon, and our first batch of clothing and food are already on the way..." Wang Guilin reported to the bosses.
"Chief, when will the Iraqis arrive?"
Xie Kai keenly felt that the Iraqis were coming.
He also hoped that the Iraqis would help them hand over the F-14 fighter jets to the Soviets.
"I don't know the specifics yet, and the itinerary has not yet been determined. For this matter, you should raise money first and let the relevant units talk to the Americans..." Li Mingshan stared at Xie Kai, "You kid, you didn't have an exam last semester, and the school is preparing to fire you..."
"This is not possible!"
Wang Guilin and Zheng Yucheng were immediately anxious.
Just kidding, they had to end their efforts and reached an agreement with Huaqing just to make Xie Kai gilded and have a diploma.
If you haven’t even graduated from college, how can you manage 404 in the future?
Within the system, education is very important.
Otherwise, if the reputation is not right, there will always be many people who will deal with these things.
It doesn’t matter to Xie Kai. Mo Qi can’t go to school now, and it doesn’t make sense for him to go to school.
404 As long as the foundation is laid, it doesn’t matter whether he controls it or not.
After the negotiations with the Americans reached a cooperation intention, the National Defense Science and Technology Commission, the Ministry of Commerce and other departments took over.
With such a big contract, 404 cannot sign a contract with the Americans, so the government has to come forward.
"We are not doing anything now. Huaqing agreed to arrange a make-up exam for you specifically, so don't mess around." Zheng Yucheng reminded Xie Kai.
Although the negotiations have nothing to do with them, they have more work to do, various layouts, and various fundraising...
"Okay, okay, mother-in-law's..." Xie Kai was speechless.
Anyway, just get 60 points.
At least, Zheng Yucheng and Wang Guilin should not worry too much.
Xie Kai couldn't control the government's talk to the Americans, but they had to pay 404 for the Soviet Union's funds.
After coming down, he convened the person in charge of Gome Electrical Appliances, Haier Refrigerator, Midea Air Conditioner, Changhong Color TV and Little Swan washing machine for a meeting.
"No matter how much inventory we have, start a price war immediately and eliminate those weak electrical appliance manufacturers! Merge them, Changhong Color TV, I hope to change the plan. In the next three years, the production capacity must exceed 10 million units! Within 5 years, exceed 20 million units..." Xie Kai's request made all the big men of electrical appliance companies feel that he was crazy.
Changhong General Manager Zhao Changhong looked at Xie Kai, "Xie Kai, it will be difficult for us to complete the task this year. The original plan was that the production capacity will reach 5 million units next year, which will double..."
"Yes, it develops too fast, and management can't keep up..." Secretary Chen Annan also reminded Xie Kai.
Originally, after being forcibly invested by 404, Changhong received a large amount of funds, but expanding production capacity does not mean that it can be expanded immediately.
Factory buildings need to be built, production lines need to be produced, installed and debugged, and even production workers need training...
Nothing can be done in a short time.
"I don't care about any difficulties, I just want the results. From this year on, not only will the country have to fight price wars with other manufacturers, but it also has to provide at least 2 million units to the Soviet Union and the United States market..." Xie Kai didn't care about so much at all.
There are nearly $35 billion in total loans.
I have to tighten my belt.
"We lack production capacity..."
"If the production capacity is insufficient, expand! In addition, don't just think about building production lines yourself! Other small-scale mergers, mergers, and several factory production lines together to establish an industrial cluster..." Xie Kai rudely interrupted Zhao Changhong's words.
The bigwigs from several other factories dared not say anything.
"In addition, we will discuss with those production units that are not strong and are unwilling to be merged, and produce according to Changhong's technical standards and quality system, so that they can produce on-site..."
Xie Kai knows a lot about how to quickly expand production capacity.
When it comes to operation, he can't compete with Yue Lin and the others at all.
But he only needs to provide a theoretical solution.
The big guys from several units exchanged eyes, wondering what was going on, why 404 became so anxious.
"During the merger, if the funds are insufficient, I will issue bonds to the employees of the company to concentrate all the money they deposit in the bank; in addition, loans from the bank... At the same time, the superiors will give strong support to allow you to integrate the domestic industry..."
Xie Kai didn't talk much nonsense.
People from several electrical appliance production units finally realized that something big happened.
But no one knew what big thing happened.
Xie Kai didn't explain, and they didn't know either.
"Also, Gome Electrical Appliances has started pre-sales, allowing the purchaser to pay the full payment first, and the delivery period is half a year, and the price is given a certain discount..."
Xie Kai did not give other persons in charge any chance to ask questions, and directly mentioned a series of measures.
Everything is just for one thing to raise money!
Introducing technology will almost consume 404 of the funds, which is not even enough.
To digestion techniques, it’s not just about tightening the belt.
"What's wrong? Isn't Hongqi Group rich? Why is it short of money?"
After Xie Kai left, the heads of several units looked at each other.
In their understanding, Hongqi Group is not short of money at all, and it is the richest unit in China. When it forced its shares to acquire them, it was completely spent on money, which made each unit not even have the courage to say no.
"Exporting to the Soviet Union and the United States is the key..." Zhu Dekun keenly realized that Xie Kai said that at least 2 million units were exported to the United States and the Soviet Union every year.
Everyone looked at Yue Lin, the head of Gome.
Yue Lin is a member of the Hongqi Group and a confidant of Xie Kai, so he definitely knows the inside story.
"Everyone should do it as required. This time they were having a big deal. They borrowed more than US$35 billion from the United States and the Soviet Union to introduce technology that is lacking in China. Not only us, but many domestic units will be the same as us..." Yue Lin naturally learned the news from Xie Kai before.
"35 billion...USD?" Zhao Changhong was frightened.
What a huge amount of money this is.
The boss who is so huge that he can't imagine it.
"Mr. Yue, are you sure it's not RMB? Can Hongqi Group afford to repay it?" Zhu Dekun's heart was full of bitterness.
I thought I had found a good boss for the little swan.
After being invested, large amounts of funds were invested in R&D and expansion of production capacity. With the support of channel vendors like Gome Electrical Appliances, which have expanded chain stores across the country to more than 50 stores in a short period of time, their business has become increasingly prosperous.
Now it is discovered that the owner owes debts that they cannot imagine...
"This is not something we should worry about, and this matter has been strongly supported by the state, so don't worry..." Yue Lin knew what everyone was thinking.
Gome Electrical Appliances is to integrate the domestic home appliance market.
The reason why Yue Lin is willing to follow Xie Kai all the time is because Xie Kai's projects are exciting enough.
The only thing that was unhappy was this huge $35 billion project, which he did not participate in.
"They have no objection, right?" Xie Kai looked at Yue Lin who came to report.
Yue Lin expressed the concerns of the heads of other units.
"Don't worry about them. It won't take long to know that many units across the country will participate... Tomorrow, we will reduce the price of all our home appliance brands, and first reduce the price by 30%..."
Xie Kai's words made Yue Lin frown, "Is there too much? We have already cut prices a lot during the Spring Festival. Some manufacturers that are not strong enough and cannot get chips have gone bankrupt..."
"We have to let them go bankrupt." Xie Kai said calmly, "If we want to make money in the market, we can't buy other people's products, and no one wants the price of other people's products. If we integrate the domestic market, we need to enter the international market. If we can't even handle the domestic market, how can we compete with old home appliance manufacturers in the international market? The international market cannot be handled by price reduction, and we will also face anti-dumping, etc...."
Xie Kai clearly told Yue Lin his strategic goals.
Enter the international market!
Yue Lin suddenly became happy. He had been looking forward to the arrival of this day.
"Don't worry, I'll make arrangements right away. A new round of price cuts will be launched tomorrow morning. We only need to get half of the domestic production capacity."
Xie Kai was naturally relieved about Yue Lin's ability to do business.
Otherwise, he wouldn't have been transferred to take charge of Gome Electrical Appliances.
"Gome Electrical Appliances' store expansion must be accelerated. Other brands that want to enter will also open more channels to them and talk to them about profit sharing. You can set up a National Electric Power Alliance, but this must be done until we get half of the production capacity..."
Yue Lin nodded.
Xie Kai's intention is obviously integrated with the domestic market so that he can be more competitive in the international market.
With the domestic situation, it is impossible to resist international imported brands, let alone to enter the international market.
On the second day, the front page headlines of newspapers in most provincial capital cities across the country were occupied by Gome's advertisements. Changhong Color TV announced a 30% price cut, Midea air conditioner announced a 23% price cut, Little Swan washing machine announced a 17% price cut, Haier refrigerator announced a 5% price increase...
All production units in the national electricity market were caught off guard by such a sudden and crazy price adjustment!
On that day, all the home appliances products of Gome Electrical Appliances shelves were sold out...
The hot sales scenes that appeared during the Spring Festival appeared again.
The national electricity industry has discovered that the wolf is coming again.
Various color TV units could no longer bear it and followed the price cuts, but their price reduction was simply impossible to compare with those of Changhong and other units...
Chapter completed!