Daguo Technology started from the Shanzhai system

Chapter 393 Dawn Electronics shocked the world!

Fengtian Automobile itself has multiple excellent model platforms, and the chassis aspects of those model platforms are world-class and have passed the test of history.

Therefore, Rover is really not worth 7500 million pounds in the eyes of Fengtian Motors. Such a high price is really painful.

In the eyes of Fengtian Motors, spending 4000 to [-] million pounds is actually enough. If it spends more, it will not be worth the gain.

But the price paid at this time was 7500 million pounds, which was nearly double the price they could bear!
Faced with this situation, Fengtian Zounan, who made the final decision, could not feel uncomfortable in his heart, as if he had eaten a soft bar.

However, although Feng Tianzhao's face looked ugly at this time, the end was done. Even though he felt quite uncomfortable, he could only accept the result of this fact.

With the strength of Fengda Automobile, it is not impossible to get a mere 7500 million pounds, but no matter what, because of this failure case, he, Fengda Zouo, will have to lower his head and talk in the company.

After all, it was he who caused Fengtian Motors to suffer losses of tens of millions of pounds. Under such circumstances, how could his right to speak not be reduced?

In this way, in the next moment, Fengtian Zhaonan walked to the front desk on behalf of Fengtian Motors, and then took a picture in front of many reporters with an expression that was uglier than crying.

Regarding this, when the news came back to the eyes of Ni Guangnan, Lin Chen and others, they naturally laughed secretly. So as the matter came to fruition, Sugon Technology also began to contact the capital and Shanghai.

Not long afterward, something happened that made Fengtian Motors even more angry.

This matter is that Sugon Technology and SAIC held a joint press conference to officially announce that the two parties will reach a strategic cooperation alliance.

Among them, Sugon Technology announced that it had spent US$2000 million, equivalent to a price of approximately 1.64 million Xia Yuan, to obtain many technology patent licenses for a variety of Rover engines and vehicle model platforms.

And it is worth mentioning that with the assistance of Shanghai and Beijing, Sugon Technology has only obtained many technology patent authorizations.

However, the actual royalties that need to be paid are quite low. The royalties for those technology patents are less than one-third of those of similar technology patents, which is almost equivalent to picking up for nothing.

Of course, in addition to this, the reason why SAIC and Sugon Technology claim to have reached a strategic cooperation alliance is not to reach a technology patent licensing cooperation.

The reason is that the two parties also reached a closer cooperation contract after this cooperation, in which SAIC announced that it would open auto parts channels to Sugon Technology.

For example, SAIC's seats, leather covers, window glass, some universal chassis accessories, etc. SAIC allows Sugon Motors to use SAIC's auto parts, but the price is that SAIC will charge a small car platform fee!

On the surface, this behavior seems useless, and you will have to pay a little more for the car platform, but in fact, once Sugon Technology and SAIC reach an agreement on the accessories specifications.

That means the total market size will expand and procurement costs will decrease!
After all, things that are rare in this world will become more expensive, and as long as the production of any item increases to tens or millions, the cost will decrease.

At this time, Sugon Technology and SAIC have reached a strategic cooperation alliance. From then on, they can use windows, seats, leather covers, universal chassis accessories and other accessories with the same specifications as SAIC, and ultimately the cost of purchasing auto parts will be reduced.

The entire vehicle production cost will also be reduced, which is an intangible benefit. It can be seen that the Magic City and Beijing really attach great importance to Sugon Technology this time.It is almost clear that SAIC's interests are used to cultivate Sugon Technology so that Sugon Technology can grow faster and more steadily. There must be complaints within SAIC, including foreign shareholders.

But after all, SAIC is a company with a state-owned capital background. When Daxia needs you, you will naturally move wherever you need it. What does it mean to sacrifice a small profit?
Compared to Sugon Technology's huge profits after its growth, what does a slight loss count?Everything is based on the overall situation.

So when Fengtian Vice President Fengtian Zhannan knew the result, he was so angry that he vomited blood. He had a saying in his heart that he didn't know whether to say it or not.

However, Fengtian Automobile's attention soon turned away from this matter, because just the next day Sugon Technology made a big move that shocked the global automotive industry.

As for what this big move is?
The big move is that Sugon Electronics announced that it will invest US$40 billion in Shanghai to build a super car factory with an annual production capacity of 500 million vehicles!
This news naturally caused a big sensation in the global automotive industry. After all, this is a super car factory with an annual production capacity of 500 million vehicles. This production capacity is a quite terrifying figure in the automotive industry!

You must know that Fengtian Automobile's total sales in 2004 were only 670 million vehicles, ranking second, while No. 1 Tongyong Automobile sold 810 million vehicles.

而No.3福特汽车则只有640万，至于No.4大众年销量为510万辆，而世界第5名的奔驰销量则只有470万辆汽车！

Therefore, Sugon Electronics announced the construction of an automobile manufacturing plant with an annual production capacity of 500 million vehicles. This is really a huge undertaking.

A huge undertaking that is enough to make Sugon Electronics become the fifth largest automobile manufacturer in the world!
Of course, output does not equal sales. The premise is that Sugon Electronics can achieve full production and full sales. Otherwise, no matter how much production capacity it has, it will just be vacant.

But no matter what, Sugon Electronics still let people know Sugon Electronics’ determination through this huge gesture.

As for whether US$40 billion is enough to build a super car factory with an annual output of 500 million cars, this is naturally barely enough.

First of all, the bulk of the expenditure on building the factory, land, is directly free of charge.

While the land area is extremely large, it also gives away 70-year property rights for free. When helping you with the three connections and one leveling, it will also directly help you with the foundation of the factory building.

It can be said that in addition to purchasing building materials and building a factory on the foundation, Sugon Electronics only needs to buy crazy automobile production equipment.

Therefore, although US$40 billion is a bit tight, it can be used when most of the funds are used to purchase automobile production equipment.

Spending US$40 billion to build a super car factory with an annual production capacity of 500 million vehicles is barely feasible.

After all, what Shuguang Technology wants to build is just a car production factory, not a super car production factory that includes all auto parts.

Steering wheels, seats, swing arms, shock absorbers, fuel tanks, exhaust pipes, automotive glass, etc. are all accessories that can be purchased from SAIC through external bidding or directly.

So although US$40 billion seems to be needed to build a car production plant with an annual production capacity of 500 million, it is an exaggeration, but in fact it is not an exaggeration.

(End of this chapter)