Chapter 6 Intel comes to visit
In July 2002, Kirin Electronics received an unexpected visitor.
"Mr. Cao, we haven't seen each other for half a year."
The man has a Chinese character face, is 1.8 meters tall, has a strong build, wears a T-shirt, beach shorts, and flip-flops. He is about thirty-five or sixty-six years old. He is from Dalian and has a doctor named Turtle from the UK.
The first time Cao Mang saw him, he was dressed like this, giving the impression that he was a bit casual and not a person to do things. Unexpectedly, his business ability was first-rate, especially in business negotiations. He was mainly responsible for the chip business in South China.
"Does the company not care if you dress up like this to go to work?" Cao Mang once asked after the two got acquainted.
"I don't know about other companies. Our company doesn't care. The company's management system is result-oriented. As long as the KPIs are completed, it's fine. Besides, I don't see my boss twice a year." Xu Rang shrugged.
"How's it going? What brought you here today?" Cao Mang asked, giving him a cup of tea.
"Today I'm here to ask for your help, Mr. Cao. Not only have the tasks for the second half of this year been completed, the KPI has been doubled." Xu Rang took a sip and put down the tea cup.
"It's not that I won't help you, I also have difficulties here." Cao Mang said after hesitating.
"Mr. Cao, your company secretly set up Chencang. In just one year, you have taken down all the Internet cafes on the fifth floor in the country." Xu Rang said with a chuckle.
"Haha." Xu Rang was able to investigate so clearly that Cao Mang was not surprised at all.
"Mr. Cao, look, how about doubling the quantity of your next order? It's twenty yuan cheaper than the original price," Xu Rang said.
"Sam, it's not that I don't want to buy more goods, but I'm afraid that you will turn around and cut off my goods." Cao Mang handed Xu Rang a cigarette and said.
"Mr. Cao, are you kidding me? We are all in business, how could we cut off your goods?" Xu Rang took a puff of cigarette and laughed.
"Can you withstand the pressure from the people over there in Wanwan?" Cao Mang asked.
"Can you do it? They put pressure on me?" Xu Rang asked doubtfully.
Xu Rang had roughly guessed what Cao Mang was worried about.
But he doesn't quite believe that Cao Mang can achieve this level. To achieve this level, he needs at least three levels of market share.
Destroy people's wealth and kill their parents.
It would be strange if those manufacturers in Wanwan didn’t resort to some tricks to achieve this level.
He is also a regional manager, not the president of the Huaxia District, and he dare not give any guarantee to Cao Mang.
The main reason why domestic brands could not succeed in the early days was because they were out of stock. Chips in the Asia-Pacific region were almost monopolized by Bay Area, and domestic manufacturers could only eat their leftovers.
"How will you know if you don't try it? If you can guarantee it, I will give you five times the amount." Cao Mang said with a smile.
"Wait for me." Xu Rang said and walked out of Cao Mang's office. Then he walked to the fire escape to call his boss.
After ten minutes of communication, Xu Rang got the answer he wanted.
"Mr. Cao, my boss promised to help you handle the pressure from Wanwan, but you have to add the same number of CPUs. I will give you the best price." Xu Rang said after coming back and taking a sip of tea.
"Are you sure? Can this be written into the contract?" Cao Mang asked doubtfully.
"Well, Mr. Cao, I'm not afraid to tell you that the company's new production line has been launched, and the production capacity has been twice as high as before. Not only has our KPI also increased, and my boss is competing with other regions to become the president of the Asia-Pacific region.
." Xu Rang said.
"You want me to buy the same number of CPUs all of a sudden. How can I get so much money to buy them for you?" Cao Mang was speechless, and bundled sales for himself as soon as he came up.
Normally, each purchase only costs more than 20 million chips. If it were to be doubled five times, the number would increase to 100 million. This is already Cao Mang's limit.
Until now, Kirin Computer has only earned more than 60 million yuan. Computer accessories contributed half of its income. Adding in the 50 million yuan from his loan, the total assets are only about 130 million yuan.
"Mr. Cao, are you having difficulty with funds? A small problem. I am a classmate with the president of Citigroup in Shenzhen. I will introduce him to you later. The interest rate will definitely be lower than other banks." Xu Rang said with a smile.
Look, what is business capability? This is business capability. No money to purchase goods?
Let me introduce the bank to you.
This is not good for you and good for me. Hello everyone.
The classmates at the bank got the business, Xu Rang got the order, and Cao Mang got the funds.
If you replace him with someone else, the business will probably suffer in the end.
"Okay, but you have to treat me to seafood tonight." Cao Mang didn't expect such a good thing.
"How can we just eat seafood? Let's get a full massage and some big horses." Xu Rang rubbed his hands and laughed.
Not to mention how vulgar it is to look like that.
This time, not only did the business exceed the quota, but I also received a commission for the loan that was returned, which amounted to at least hundreds of thousands and millions of dollars.
After dinner, the two went to the bar for a round of drinks.
Then it’s a topic for adults. Everyone who knows understands it, and if you don’t understand it, there won’t be much explanation.
The next afternoon Xu Rang took Cao Mang to Citibank.
"Luobao, this is Mr. Cao from Kirin Electronics Factory, and this is my classmate Luobao." Xu Rang introduced him. His title made people feel that they have a good relationship.
"You're the one delivering pizza, but your whole family is the carrot." Robin laughed and cursed, then stretched out his hand and said, "Mr. Cao, to make you laugh, my name is Robin."
"Haha, Mr. Cao, when I was studying in the UK, my part-time job was delivering pizza." Xu Rang explained with a smile.
"It seems that you should have bunk beds when you study." Cao Mang said with a smile.
"You have guessed this. Mr. Cao is awesome." Xu Rang raised his thumb and said.
"Mr. Cao, I wonder how much money you want to borrow this time?" Robin didn't seem to want to continue chatting and changed the topic back on track.
"Of course, the more, the merrier." Cao Mang said with a slight smile.
Who would think that money is too little? Doing business with other people's money is the most delicious thing.
"Mr. Cao, you were introduced by Sam. We are all outsiders. Please tell me a few words and then we can continue the conversation." Robin said seriously.
"One billion for five years, this is our company's financial situation. Most of this loan will be used for Sam's purchase, and the rest will be used as working capital." Cao Mang pushed the document in front of the other party.
Robin looked at each page carefully.
Ten minutes....
"Mr. Cao, 1 billion is a bit too much, and judging from your company's books, you don't need that much money. I can only lend you 500 million at most. Unless you have assets as collateral, I can give you interest."
To 3.8%." Robin knew a little bit about the specific situation. According to his estimate, Cao Mang could only borrow 300 million to meet Cao Mang's needs. He didn't expect that the other party would ask for 1 billion.
But, bargaining is normal in business.
"Mr. Luo, ICBC only gives me 3.6%. Isn't your 3.8% a bit high?"
Chapter completed!