Reborn Tokyo Golden Age

All the leaders here in Nanshan Science and Technology Park were a little shocked when they heard that Baichuan Electric wanted 1,000 mu of land.

After all, for the newly developed Pengcheng, a factory building of 100 mu is considered a big enterprise.

I don't know that this neon electrical appliance brand is worth thousands of acres when it opens its mouth, so can it not surprise everyone?

But the shock is not over yet. The boss of Shirakawa Electric is planning to invest 30 million US dollars to build a factory in the science and technology park.

Thirty million U.S. dollars, not thirty million RMB.

At the beginning of the establishment of Nanshan Science and Technology Park last year, a total of 20 million yuan was invested.

It's only because the government and Zhongke Academy have invested so much money in a joint venture, otherwise Pengcheng really wouldn't dare to engage in such a big battle.

But now the young man pays 30 million U.S. dollars if he just moves his mouth, which is about 103.5 million yuan according to the current exchange rate.

This investment is more than five times the initial capital of Nanshan Science and Technology Park, and it is only the first phase of the project.

Liang Xiang trembled his lips twice, he was extremely eager for this investment, but he dared not make this decision.

With his eyes turned back slightly, a leader standing beside him pondered for two seconds before slowly opening his mouth.

"Mr. Baichuan, we very much welcome Baichuan Electric to carry out a series of investment activities in the Science and Technology Park.

But because of policy reasons, and considering that China's laws and regulations are different from those of Neon.

We suggest that the two parties jointly invest and establish a joint venture to give full play to each other's advantages and deepen domestic and overseas markets. "

30 million US dollars, who can not be tempted?

Now the whole of China is insanely short of foreign exchange. According to the internal information, it is said that some classified items are being considered for sale.

So in the face of the temptation of 30 million US dollars, it is impossible not to be tempted.

However, some things need to be clarified in advance. This is a matter of principle, and it is also related to whether the two sides can cooperate smoothly in the future.

After hearing what the leader surnamed Xie said, Bai Chuanfeng sighed slightly in his heart.

Sure enough, this can be regarded as a Chinese characteristic.

In order to protect the local market and the development of local enterprises, as well as to learn technology, foreign investment in China at this time is basically carried out in the form of joint ventures.

This approach to cooperation is applicable in most fields, from automobiles to raw materials.

The electronic products operated by Baichuan Electric are naturally within this range.

As for purely foreign-funded enterprises, they are extremely rare in China at this time. If you want to see large-scale wholly foreign-owned enterprises, you may have to wait until after the 1990s.

However, although it can only invest in the form of joint ventures, Shirakawa Electric cannot give up this market.

It's still the same sentence, come in early, eat meat early.

After a few years, Huaxia will change drastically and come in to carve up the market, it will be too late.

And with the appreciation of the yen, it is inevitable that the local manufacturing industry of Neon will outflow.

If you want to keep your profits, you can only do everything possible to reduce costs.

Otherwise, ten years later, it is difficult to say whether Baichuan Electric can maintain its position as a first-line brand.

Bai Chuanfeng thought about it for two seconds, then turned his head to confirm.

"Mr. Xie, if a joint venture is adopted, how will the shares be allocated?"

"According to the usual Chinese-foreign joint ventures, the Chinese party accounts for at least 51%, and the foreign capital has a maximum of 49% of the shares."

This is a very typical joint venture ratio, which was even written into the textbook later.

Since then, most of the auto companies here in Huaxia have also followed this joint venture ratio, but the newly established Shanghai Automobile Volkswagen in 1984 has a 50% shareholding ratio for each party due to special historical reasons.

According to this distribution method, then Baichuan Electric is 49%?

Bai Chuanfeng frowned slightly, which made him hesitate. After all, it is about the right to speak in the future, so he has to be cautious.

Whether it is technology or business strategy, Baichuan Electric has its own system.

To be honest, among the two, Huaxia may rely more on Baichuan Electric.

But the shares were reversed, which made him a little concerned. If there are differences in the decision-making between the two parties in the future, how should they be resolved?

Seemingly seeing his hesitation, the leader surnamed Xie added something specially.

"Of course, considering that Baichuan Electric's products are mainly consumer entertainment electronic products for the public.

After the special approval of the superior in terms of the joint venture ratio, you can retain 55% of the total share capital, and the local institution will contribute the remaining 45%. "

The products of Baichuan Electric are not as sensitive as automobiles, and will not involve the technical layout of the entire industrial chain.

In addition, coupled with careful internal screening, it is confirmed that the founder of Shirakawa Electric is a friendly person to China.

That's why the proportion of joint ventures has been specially relaxed, and the strategy of local enterprises dominating is no longer maintained.

This is already a big policy concession, which is not easy in the current era.

Bai Chuanfeng also understood this, so he nodded to express his gratitude for the conditions offered by the leader Xie.

"In principle, Shirakawa Electric agrees to this cooperation, but the details still need to be discussed internally before giving a specific plan."

"Of course, we look forward to the success of this cooperation with the utmost sincerity." The leader surnamed Xie nodded in approval.

Baichuan Electric needs to discuss internally, and Huaxia also needs to report the relevant situation to its superiors.

After all, we are still at the stage of crossing the river by feeling the stones, and all decisions need to be discussed again and again.

But the several leaders present knew in their hearts that if there were no accidents, the upper management would definitely agree to this joint venture.

Not to mention that what the other party took out was the dollars that China was in short supply at this time, and the "Regulations on Encouraging Foreign Investment" will be promulgated in half a year.

Isn't Baichuan Electric's door-to-door cooperation this time a perfect example.

Therefore, based on emotion and reason, the settlement of Baichuan Electric in Pengcheng is the situation that both parties are most willing to see.

"By the way, if the cooperation is reached, Baichuan Electric hopes to start production before the end of the year. Can this goal be achieved?"

The continuous rise of the yen has also put a lot of pressure on Shirakawa Electric, so it is not too late to transfer production capacity.

Hearing Bai Chuanfeng's request, Liang Xiang patted his chest. "Don't talk about the end of the year, half a year! October! The factory must be in place!"

Compared with technology, Pengcheng may be a little behind at this time, but compared with speed, Liang Xiang is definitely worthy of anyone.

There is great strength in numbers, and the Chinese people are the most industrious nation in the world. The slogan of Pengcheng speed is not for nothing.

"Okay! Mr. Liang said so, then I will have more confidence in this cooperation."

Tsk, Bai Chuanfeng was also deeply impressed by this kind of enthusiasm for doing things.

"The total investment of 30 million US dollars remains unchanged, but due to the progress of the project, this investment will be gradually implemented in the next three years.

In addition, considering that some equipment needs to be transported from overseas, Shirakawa Electric will invest 10 million US dollars in advance for the purchase of special equipment.

Your capital contribution can be deducted from the labor and material costs of plant construction. "

The most important thing for Bai Chuanfeng now is the dollar, and he speaks with confidence.

He knew that his hometown was short of foreign exchange at this time, so Baichuan Electric was responsible for the external purchases.

The investor here in Huaxia only needs to be responsible for the construction of the plant and the purchase of domestic alternative equipment.

Although the money was not short, it was already a great help to them.

Moreover, after the joint venture between the two parties, Huaxia can also learn the advanced technology of Baichuan Electric here.

Including management experience, the establishment of a quality system, and the training of qualified workers, etc., this is an intangible wealth for Huaxia.

As for the procurement of raw materials and some parts after the establishment of the factory, it is of course logical to replace them with local products nearby.

This will be a great driving force for the improvement of the entire Pengcheng economy and even the improvement of some industrial chains.

At this time, Huaxia is hungry for all technologies and advanced management experience.

The leader surnamed Xie held Bai Chuanfeng's hand tightly and shook it vigorously, "Bai Chuan Electric is a good friend of the Huaxia people!"

The news from above was indeed correct, this neon friend did have a special affection for Huaxia.

The two parties were very courteous again, and this time Bai Chuanfeng was invited to China for his investigation, which can be regarded as the completion of the first stop.

In the next few days, he will go all the way north, passing through Shanghai Stock Exchange, Sioux City, Jingu, and finally arrive in Yanjing.

In this cooperation with Pengcheng, Baichuan Electric mainly wants to put the design and development of radios, walkmans and other products here.

Cultivating the local market is part of the reason, but it can also be used as a springboard to expand into the Southeast Asian market.

In addition, Baichuan Electric's investment in China is definitely not limited to Pengcheng, and more factories will be built here in the future.

CD factory, optical drive factory, LCD TV factory, and even the notebook factory that Shirakawa Electric is developing are all possible.

They will be split into different companies and blossom all over the country.

Making full use of Huaxia's resources here is part of the reason, and sharing risks is another factor.

After all, it is no different from Neon China, where Baichuan Electric is still very immature, and its contacts, resources, relationship network, etc. are all different.

It is a necessary measure to build step by step and build by dividing land.

However, in terms of time, it may have to wait a little longer. When the government agencies support the establishment of wholly foreign-owned enterprises, Bai Chuanfeng will consider entering the Chinese market on a large scale.

Even if it is his first hometown, he still has his own concerns during this period.

The joint venture factory now settled in Pengcheng is at best the first trial.

He looks forward to the day when the headquarters of Baichuan (Huaxia) can also be established on this piece of land.

Before coming to Huaxia, Bai Chuanfeng had already been to Yizhou once.

Relatively speaking, the atmosphere there is more open, so Baichuan Electric also established its own branch there.

The main purpose is to establish a foundry for the production of Walkmans, CD players, game consoles and other popular overseas products.

Of course, its scale will not be too large, it can only be regarded as an excess.

After the neon bubble has passed in the past few years and Huaxia has become more open, it will be the best time for Baichuan Electric to relocate its production capacity collectively.

Therefore, Bai Chuanfeng's main task this year is to conduct inspections overseas and make preliminary plans for the future internationalization of Bai Chuan Electric.

He will probably spend the next two months in Huaxia.

And different from the leisurely state of vacation, it may be the norm to keep running on the road.

Tsk, but can I call my senior over to accompany me?

It seems a bit lonely to be alone.