"Haha, Lao Wu, don't get excited!"

"Mr. Yu, this is not a question of excitement or not. We are doing a good job with electric bicycles, yes!

This would not be possible without the support of the group!

But all the employees in our machinery factory are working hard for it!

Now, take it away as you say, I can’t figure it out anyway!”

After Wu Yu finished speaking, Du Tenglong continued: "Mr. Yu, if you feel that electric bicycles exist in the form of a workshop and restrict development, you can set up a branch under our machinery factory!

Just take it away, let alone Mr. Wu, we factory cadres also have emotions!"

"Haha, Lao Wu, Lao Du, listen to what I have to say!

I understand you, electric bikes are like your children.

The child finally grew up!

As a result, he went to work as a door-to-door son-in-law.

I understand how you feel!

But electric bicycles are bound to develop and grow!

The development of your water conservancy machinery factory must be based on your own industry!

It turns out that the purpose of putting electric bicycles in your water conservancy machinery factory is to find you some work.

Now, since your product lines are gradually enriched, sales of water conservancy machinery and equipment have also improved.

Then it would be inappropriate to put electric bicycles in a water conservancy machinery company!"

Yu Qingyang waved his hand, indicating to Wu Yu and the others to stop talking and listen to him finish what he said.

"To say something that hurts your self-esteem, put the electric bicycles under the water conservancy machinery factory, and some small horses will pull the big bicycles!

At least the current water conservancy machinery factory cannot support the scale of electric bicycles!

Only by placing it under the group can we better lead it and make electric bicycles develop and grow."

"..."

"..."

Wu Yu and Du Tenglong looked at Yu Qingyang, these words really hurt people's self-esteem.

"What you should do now is to concentrate on laying a solid foundation and enriching your product line!

Go share the cake of the future water conservancy industry!

I have told you more than once that if a water conservancy machinery factory wants to gain a firm foothold and develop in the future, it must evolve from mere imitation production to an enterprise capable of independent research and development!

Becoming a research-oriented enterprise is what the water conservancy machinery factory needs to do most.

Just now in the workshop, I promised that as long as you are willing to work hard in this direction, the group company will definitely provide full support!

If you want money, give money, and if you want people, give others!”

"Mr. Yu, we understand what you are saying, but we still can't emotionally accept the e-bike being taken away like this."

"Haha! Of course, in order to make up for your emotional damage, the newly established Huayu Electric Bicycle Manufacturing Co., Ltd. can give out 5% of its shares!

Your water conservancy machinery factory will give priority to apply for funds, and then apply to the whole company!"

"Five percent? Isn't Mr. Yu's ratio too small?"

“Five percent is less? Do you know how big the new e-bike companies are?

Not to mention anything else, the 10,000 acres of land alone costs 100 million!

In addition to the construction of the industrial park, it is necessary to build roads, build factories, office buildings, and introduce production lines, with a total investment of tens of billions!

Five percent is five hundred million!

Can you eat it?" Yu Qingyang asked with a smile.

Because the industrial park is industrial land, the cost of purchasing the land accounts for a small part of the total investment.

"Uh... so much?" Wu Yu didn't dare think it was too little. Five percent is 500 million, so how dare he think it was too little.

Let alone 500 million, even if it is 100 million, they will not be able to subscribe completely.

Wu Yu blinked, feeling like he had been deceived.

500 million, the entire group company can't raise that much money, so what priority is there to raise funds?

But no matter what, allowing employees to buy shares is an explanation after all.

This is not the deep pit of capital raising and equity investment in the 1990s.

They all know how Huayu's investment is and what the prospects of electric bicycles are.

The company is not short of money, so allowing employees to invest in shares is a complete benefit to the employees, allowing them to enjoy the dividends of the company's development.

After lunch at the Water Conservancy Machinery Factory, Yu Qingyang returned to the company.

During the two days he was away, he accumulated a bunch of documents that needed his signature.

Before they finished signing, Xue Qin, An Yuqing, He Hongwei, Xing Xiang and others came over one after another to report on their work.

"Mr. Yu, are you busy?" Xue Qin knocked on the door and came in, asking with a smile.

"Aunt Xue, what's wrong?" Yu Qingyang hurriedly stood up to greet her.

“Didn’t you say in the last meeting that you would build a joint venture with Volvo Construction Machinery in China?

People from our investment department got in touch with Volvo with the help of Yuanmu Company."

"Oh? How's the situation?"

Regarding setting up a joint venture with Volvo Construction Machinery, Yu Qingyang did mention it at the beginning, but it was not a hard and fast rule.

It's best if you can achieve your intention, and it doesn't matter if you can't.

"Volvo is negotiating with the Magic City!

Welcome to join us!

However, I feel that Volvo wants to put pressure on Shanghai through our participation."

"Well, foreign devils are very cunning!

What is the status of the negotiations between Volvo and Shanghai?"

"According to what we have learned, Volvo is planning to establish Volvo Construction Equipment (China) Co., Ltd. in Shanghai.

The negotiating partner is the Magic City Government."

"Then this does not conflict with us! What we are looking for is a joint venture, and it doesn't matter where the joint venture factory is located!

You ask people from the Investment Department to contact the Magic City Government and convey our opinions to the Magic City Government.

We participated in the negotiations and were seeking to establish a joint venture with Volvo!

It’s not about poaching the corners of the Magic City!”

"I understand, but Volvo's requirements are a bit high!"

“When have these foreigners ever had lower demands?

Talk slowly!

What we want is win-win cooperation, not losing power and humiliating the country!

It’s really impossible to defeat him!” Yu Qingyang thought for a while and said.

Engaging in construction machinery is just to make the company's territory more comprehensive.

It doesn't have to be anything like that.

There are so many profitable businesses in this world, why should we all participate in them?

Are you coming to participate?

"Our company is Volvo's largest domestic partner and owns more than 300 Volvo construction machinery! This is very helpful for our negotiations with Volvo!"

"If it is a partner, they will definitely pay attention to it. After all, we have more Volvo construction machinery than the rest of the country combined! However, it is hard to say whether it will help the negotiations!

Capitalists are still more concerned about profits!" Yu Qingyang smiled and shook his head.

Volvo Construction Equipment is the core company of Volvo Corporation.

When it comes to Volvo, many people may have some misunderstandings. Didn't Volvo later be acquired by Geely?

Actually that's not the case.

Geely only acquired Volvo Cars.

Volvo Car Company and Volvo Group are not the same concept. Volvo Car Company is just an independent company under Volvo Group.

Not the same thing as Volvo Construction Equipment.

In contrast, the Volvo Group sold Volvo Cars to Ford in 1999.
To be continued...