Around 10 o'clock in the morning, the boss of Radiant Glass was eating snacks and drinking Tieguanyin at the hotel where he stayed in Xincheng. He seemed to be in a good mood.
After a while, his assistant came over.
"Chairman Hua Yu, vice president of Huayang Group and head of Qunxing Capital, is also the son of Hua Yongming. He came to visit you and wanted to see you. He has already arrived. Do you think...?" The assistant arrived.
Report next to him.
Mr. Cao, who was being disturbed while eating snacks, looked a little displeased. However, when he heard the name Huayu, Mr. Cao also heard about it. Huayang Group is a large enterprise group in Xincheng, and Qunxing Capital has recently been in the business district.
It is also quite famous, and it can be said that it has become famous.
There is no business relationship between Radiant Group and Huayang Group, but Mr. Cao thought about it and decided to meet. After all, he came to Xincheng for an away game, and this can be regarded as Huayang's home court.
What's more, people put down their dignity and came over in person, making it clear that they had to see him. It would be too disrespectful not to see him, so he could only see this uninvited guest and see what medicine he was selling in his gourd.
After waiting for a moment, Mr. Cao also saw his assistant leading two people in.
The man walking in front, dressed in a suit and leather shoes, was clearly Hua Yu. He looked at Mr. Cao and immediately smiled and said: "Mr. Cao, I'm glad to meet you. I'm extremely sorry for taking the liberty of visiting. Wang Haihan."
"Please take a seat." Mr. Cao nodded, his voice neither salty nor cool, and he didn't stand up to greet him. Hua Yu didn't mind. After all, he was an old man in the business world, and this was not an exaggeration.
But at this moment, Hua Yu's next move surprised both Mr. Cao and his assistants.
Hua Yu moved one foot to one side and said to the young man behind him: "Brother Fang, please!"
Mr. Cao was stunned for a moment, and the assistant next to him looked confused.
Both of them actually noticed the young man behind Hua Yu, and thought it was his secretary, but now everyone could see Hua Yu's respect for this young man.
Immediately afterwards, Fang Hong sat directly where Hua Yu was supposed to sit, but Hua Yu actually stood next to him.
"Boss, let me introduce you." Hua Yu, who was standing next to Fang Hong, smiled and looked at Mr. Cao and said, "Fang Hong, the founder of Qunxing Capital, is also my immediate boss, and he is going to meet him this time.
you."
As soon as these words came out, Mr. Cao was stunned again, and the assistant beside him was stunned and thought: "What kind of incident is this? Isn't the chairman of Qunxing Capital you Hua Yu? Isn't your immediate boss
Shouldn't it be your father Hua Yongming? Where did this young boy come from? How did he become Qin Huayu's immediate boss?]
Mr. Cao was stunned for a while before he recovered. He glanced at the young man sitting opposite him who had no stage fright. However, regardless of whether this young man was the actual head of Qunxing Capital or not, he felt a little unhappy about the scene sung by Hua Yu.
, but it was just suppressed in my heart and not expressed.
After a moment, Fang Hong opened his mouth and said succinctly: "Senior Cao, I, Qunxing Capital, want to buy 15% of the shares of Radiant Group. Please give me a price."
Good guy!
Hua Yu and the assistants next to Mr. Cao called him "good guy" in their hearts at the same time.
So straightforward?
Hua Yu didn't know what Big Boss meant by this. He had told him before that Mr. Cao was not interested in capital, yet he was so straightforward in picking him up.
At this moment, Hua Yu secretly sweated, worried that he would be kicked out in anger.
When Mr. Cao, who was over sixty years old, faced the arrogant young man in front of him, he temporarily suppressed the anger in his heart and did not get angry. He said in a low voice with an expressionless face: "What kind of company is Radiant in your mind? Do you understand?"
Radiant?"
Hua Yu didn't say a word. He couldn't say anything now. If he spoke at this time, Boss Cao would definitely think that he was just teasing him. Boss Cao would definitely kick him out in anger. Hua Yu had already felt it.
He felt displeased.
For now, I can only stand aside obediently and watch how the big boss responds.
Fang Hong was always calm and determined, and he said in an orderly manner: "Fanyao is a real industrial enterprise, down-to-earth, and the pride of domestic private enterprises. Senior Cao has always worked hard to run the industry and is a typical hard worker.
family and national entrepreneurs.”
"I know that you have never been interested in virtual economies such as capital, real estate, and stocks that make money quickly. I also know that you have repeatedly expressed your opposition to your family's real estate speculation and do not allow your company to engage in the real estate industry, especially since you believe that industry is the
The foundation of the country, I personally very much agree with your point of view, this is also one of the core reasons why I want to invest in Fuyao."
Come up and raise your hand first, and then talk about it.
You can't refute this, right?
To refute this is to deny that industry is the foundation of the country, and to deny that you are a man of action.
Sure enough, as soon as Fang Hong said these words, Mr. Cao's mood suddenly improved. At the same time, he was very surprised that this young man in his early twenties who could be his grandchild, not only did he not have any stage fright in his words and deeds, but also his whole person.
He showed calmness and determination from the inside to the outside.
Mr. Cao, who was in an improved mood, also said with great interest: "Ryanyao Glass accounts for 65% of the domestic market share, 25% of the global market share, and annual revenue of tens of billions. Why do you think I need your investment?
In addition, what I am most opposed to is the so-called capital entering the radiance, don’t you know?”
Fang Hong said unhurriedly: "First, Radiant Glass is our country's national brand and the world's largest automotive glass supplier. However, if Radiant wants to develop further, technological innovation is inevitable, which requires
A lot of money."
Speaking, Fang Hong paused and continued: "Second, Yanyao Glass is the first domestic company to win the anti-dumping lawsuit from the United States. It is worth learning from all domestic companies. It also opened up global visibility. Stars Capital can help.
Fuyao will realize transformation and upgrading better and faster, truly improve the level of digitalization, technology and informatization in the industry, and help Radiant Glass occupy the mid-to-high-end market segment of the value chain."
Hua Yu, who was silent on the side, saw that Mr. Cao was gradually becoming serious at this moment, and he gradually relaxed. There is indeed something in the words of the big boss. He was a well-founded compliment, but it did not hinder his logical explanation at all.
’s clear as day.
The most important thing is to be able to make the person you are talking to listen to what you are saying. If Mr. Cao cannot listen, no matter how correct you speak, it will be meaningless and will not help achieve the goal.
At this moment, Mr. Cao obviously listened.
Fang Hong finally said: "...Another point is that the demand for the automobile industry in the future is still huge, especially as domestic automobile sales are rising year by year, and it is becoming a reality for automobiles to enter ordinary people's homes. The automobile market is expected to grow rapidly.
It will inevitably drive the demand for automotive glass. Such a good opportunity cannot be missed by Radiant Glass, so it is imperative to increase capital and expand."
It is worth mentioning that Fang Hong's visit this time was not just a coincidence, but he also knew that the current Radiant Group was actually hungry for funds, but Mr. Cao was more resistant to capital entering the Radiant Group.
.
But this does not mean that the financial pressure on Radiant Group has disappeared. In fact, Radiant Group needs funds very much and is under great financial pressure.
The company's asset-liability ratio in recent years can be seen at a glance. The asset-liability ratio of Radiant Group has not only been higher than that of domestic peers, but also far higher than the overall average asset-liability ratio of listed companies.
From 2003 to 2005, the asset-liability ratios of Radiant Group were 49.90%, 61.17% and 58.30% respectively, and the asset-liability ratios in the consolidated statement were 55.64%, 65.36% and 66.26% respectively. By 2006
In the third quarter, the asset-liability ratio of the parent company's consolidated statements reached 63.59%.
Foreign competitors have entered the country to establish production bases, automobile prices have dropped, raw material prices have increased sharply, and exchange rates have had an impact on Radiant Group. In addition, the company has expanded its float and automotive glass production capacity, promoted upstream and downstream integration, and developed international business.
In the OEM market, these factors are exacerbating the company's financial pressure and affecting its profitability.
The latest closing price of Yanyao Glass is 7.79 yuan per share, and the company's total market value is nearly 15.6 billion yuan.
These three points mentioned by Fang Hong really spoke to Mr. Cao's heart. In the following period, the two discussed some issues in the real economy. Hua Yu was surprised to find that Mr. Cao also gradually ignored the big picture.
Regarding the age issue of BOSS, we need to have serious communication.
The two gradually reached a consensus during the conversation. They both agreed that manufacturing is the foundation of the real economy, and both believed that after upgrading, domestic manufacturing will unleash immeasurable potential.
It was noon before we knew it. After a conversation, Mr. Cao discovered that this young man was different from other investors.
