Xu Bin has been thinking deeply about Tianyue's future development, and he is currently in contact with the product development team.
In related fields, he and Xu Lizheng have met many like-minded people, and they can also dig out some useful people from within Huachen; as long as Cao Mo agrees, he will be able to set up a product development and testing laboratory in Xinhai in the next year.
"Shen Jinyuan was a classmate of mine in college. After graduating from his undergraduate degree, he entered Huachen like me. However, after working for two years, he went to Germany to study. He mainly studied automotive power systems and later worked for a passenger car company in Germany. Xinhai University hired him to return to China to teach at the Automobile Research Institute last year. Tianyue's establishment of a product development and testing laboratory will involve the development of motorcycle power systems, which is not very consistent with his research direction. He is not willing to give up his job at Xinhai University. I think that Tianyue’s laboratory can cooperate with him and entrust him with the development project of motorcycle power system..."
"You and Xu Lizheng are responsible for the specific operations of Tianyue. I'm not good at technical work. If you tell me about motorcycle engines here, I can lie down on the table and show you." Cao Mo said with a smile.
Others say that trusting people requires a test of your temperament and your ability to see people. Cao Mo was indeed able to do this.
Although Xu Bin was somewhat unprepared when he started his own business and was encouraged by Cao Mo, at this time, his enthusiasm was completely aroused.
Cao Mo could feel Xu Bin's enthusiasm, even though it didn't mean that this matter would be successful.
In addition to establishing a product development and testing laboratory, Xu Bin also plans to buy out Huachen's trademark use rights in West Africa.
Because the product technology system of motorcycles currently sold in West Africa is quite mature, and it is also a technology introduced by Huachen in the early years. There is no technical barrier. With the regional use rights of the trademark, production can bypass Huachen Industry and directly By cooperating with upstream parts suppliers, we can even make subsequent performance improvements at the same time, striving to develop new products as quickly as possible that are more suitable for the specific environment of West Africa, ensuring their current dominant position in the West African market.
After these tasks are completed, Tianyue can, on the one hand, develop mid- to high-end motorcycles to fill the gap in domestic motorcycles in the domestic market. On the other hand, Tianyue can produce heavy-duty motorcycles specifically for the West African market, and continue to feed back the profits gained from the West African market. Shortcomings in the area of product development.
Of course, Xu Bin has greater ambitions for Tianyue's future development in the industrial field. Cao Mo has also heard Xu Bin and Xu Lizheng talk to him several times before, but the subsequent technology and capital involved are far beyond the current West African motorcycle market. The profit scale can support it, so there is no need to discuss it too deeply at this time.
I still have to eat the rice one bite at a time.
Cao Mo still hopes to enter the field of oil exploration in West Africa.
However, for that matter, the capital required can easily reach billions of dollars, so he just thought about it.
The Lu family built an oil refinery on the south shore of Lake Cornero. With such a small investment, the technology level was very crude and crude, and the production cost was extremely high. To put it bluntly, it was mainly because of the high domestic fuel prices of Kanem and the low supply of smuggled crude oil.
This time, he simply handed over the control of Western Union Oil to the Oppenheimer family in exchange for current practical benefits.
The key questions now are, firstly, at what price Hexi will withdraw from Tianyue, and secondly, how Xu Bin and Xu Lizheng will raise funds to acquire Tianyue equity from Hexi without their direct support.
Cao Mo can't help much, but Shen Ji can directly communicate with Ding Zhaoqiang about this matter, or contact domestic banks or other financial institutions to obtain equity pledge loans; Shen Ji himself is also very willing
Let's see how far Xu Bin and the others can lead Tianyue.
Of course, Cao Mo still supported Xu Bin and the others in his heart.
His domestic industrial investment areas are very limited. At present, except for Cornero Food, he has no other achievements, which limits his leverage against Han Shaorong in the country in the future.
Xu Bin and others have this idea, which is equivalent to opening up another channel for industrial expansion in the country besides Cornero Food.
In any case, he is the real major shareholder of Tianyue, holding 70% of Tianyue's shares.
Cao Mo can't provide more support to Xu Bin and the others at the moment, and he has no intention of directly taking over this share from He Xi. He already holds enough shares in Tianyue, and there is no need to further strengthen it and let Xu Bin and the others hold more shares. By investing in stocks and taking on more pressure, it is also easier to squeeze out their potential. More importantly, he is also short of money.
The Oguta and Ibogu gold mines have only initially built three operating areas, and further investment of US$30 to 50 million will be needed to fully utilize the production capacity of these three operating areas; the comprehensive mining rate must be at the current 80% On the basis of further improvement to reach the international second-class level, the scale of new investment in the refinery will increase exponentially.
This does not include the huge investment after Akwa took over the Drake gold mine.
The finished cement market in Akwa has already been opened to him, but the corresponding production capacity must keep up before he can occupy the market in Akwa.
Whether it is the construction of the third phase of the Cornero cement plant or the direct acquisition of the grinding station from the Lu family, new investments of US$40 to 50 million are often required. And if the cement plants of Cotonou Port and Peme are acquired, Transformation involves the supply of electricity and upstream raw materials, and the investment scale is even larger.
Dongsheng was able to obtain foreign exchange loan support from the National Export-Import Bank because Dongsheng had developed and operated in the country for so many years. Cao Mo does not have this qualification now.
He didn't even know which direction the door of the National Export-Import Bank opened.
Next, Cao Mo briefly talked about his meeting with Lu Jianchao in the afternoon.
"So, are you sure you will take over their grinding station project this time?" Shen Ji asked.
Lu Jianchao was still determined to seek cooperation with Cao Mo. Shen Ji was able to figure out the mentality of the Lu family.
They definitely didn't dare to watch such a large investment on the south shore of Lake Cornero go to waste, but since they all had to bow to Cao Mo, to put it bluntly, they still pointed at Cao Mo, who had shown his skill in the whole matter, to resolve the problem for them. Forecasted risks.
This also means that the Lu family dare not blindly invest more in the south shore of Lake Cornero.
However, many projects on the south shore of Lake Cornero have not yet been completed. The Lu family does not want to make additional investments, but they still want to revitalize. They must do additions and subtractions at the same time.
Giving up the grinding station, recovering part of the funds, ensuring the follow-up construction of other projects, or perhaps following up with the Oppenheimer family to introduce some new funds. This is one of the few choices that the Lu family can make to seize some of the initiative.
"I still don't know what price they are offering," Cao Mo said with a headache. "When they send the consulting agreement to Dongsheng tomorrow, I will contact Nitz Oppenheimer..."
…………
…………
As the New Year approaches, large groups of migrant workers return to their hometowns one after another. Except for the bustling shopping malls, the streets and alleys in Xinhai are much deserted. However, leisure tourism is becoming increasingly popular, and around the Spring Festival is the peak season for the B&B and hotel industry in Xinhai.
Cao Mo took Chen Rong's car back to Muxiang B&B and saw his father still sitting under the lamp in the office, writing and drawing. He didn't know what he was busy with.
"Cao Mo, will the boss of your branch go back to China during the Spring Festival?" Cao Xiong looked up when he saw Cao Mo and Chen Rong walking in.
asked.
"Ah?" Cao Mo was thinking about how he would talk to Nitz Oppenheimer about the Taihua project tomorrow. Hearing his father's sudden question, he was a little dazed.
"The house at No. 118 has been renovated, but it hasn't been used for much yet. If your boss doesn't have any specific plans for the time being, I'll just rent it out and start a private kitchen..." Cao Xiong said.
"This?" Cao Mocai thought about asking Chen Rong to cooperate in the acting. Under the guise of Yang Deshan, he handed over the decoration of the old house at No. 118 Tianzifang to his father. After the decoration plan was released, he read it once, but in addition to passing
Chen Rong transferred the two million renovation money to his father, and he never asked about it again.
There have been so many things going on lately that have consumed his mind so much that he has even forgotten about it!
Damn it, he only has one property in his name and he is so forgetful. How can he remember it if he has to buy 180 properties in the future?
It seems that if you want to buy a house in the future, you have to buy it by the building, otherwise you really won’t have the memory.
"Oh, you're talking about this!" Cao Mo said nonsensically, "We, Mr. Yang, have started a company in Kanem, and it is unlikely that he will be able to escape and return to China in a short time. I was still thinking that he would sell the house to me directly.
I'll pay him the rent in installments..."
"Can you afford the additional decoration of that house worth 7 million?" Cao Xiong asked.
"I earn more than two million yuan a year, you think I'm bragging!" Cao Mo rolled his eyes at his father and said, "Did Jiaying drive the car back to show off to you?"
Chen Rong stood aside with a smile and said nothing.
"What's there to show off? It's just a broken car! That house is okay. If you can take it over, you can take it over. It will save you a few bucks and your bones will be a few taels lighter. You don't know how high the sky is, and then give the money away randomly."
What a waste!" But Cao Xiong also thought it was a good idea for Cao Mo to invest the money he earned in a house. He thought that since Cao Mo could earn one or two million a year in Kanem, he would take this house next.
If there is anything difficult, he then handed over the notebook where he was writing and drawing just now, and said, "We, father and son, have settled the accounts. Muxiang has your investment. This is the business situation of the past year. You always take the time to read it."
Two eyes?"
Cao Mo took the account book, pulled up a chair and sat in the corner.
His old house was mortgaged, and Mu Xiang injected a total of 5 million in capital. His father is not in a hurry to expand the business of high-end B&Bs. In the past six months, he has mainly focused on short-term rental apartments, and currently has nearly 500 apartments.
In operation.
As the economic capital and financial center of China, Xinhai has a permanent population of more than 20 million, and the demand for short-term rental apartments is very high.
The emerging urban white-collar workers, especially high-end white-collar workers and gold-collar workers, have increasingly higher housing requirements even if they do not have the ability or intention to buy a house in a short period of time.
The current occupancy rate of nearly 500 houses has reached 90%, and there are still a few houses that are being renovated. It can be said to be quite scary data.
Although the monthly net profit of RMB 1,300,000 to RMB 1,300,000 is only a small amount of money in Cao Mo's eyes, it is already a pretty good return for a small enterprise with a total investment of only RMB 5 million and also runs high-end B&Bs.
That’s right; this does not take into account the monthly profit of 30,000 to 50,000 yuan from Muxiang B&B.
However, these just show that if B&B and short-term rental companies want to grow on a large scale, they still rely on the intervention of capital.
Otherwise, if you slowly do it for five or six years, if you hold ten times more properties and all aspects of management can keep up, you will only be able to make a profit of one or two million per month.
Of course, this was his father's own business. Cao Mo didn't want to get involved too deeply. He pretended to read the account books carefully, then threw them to his father and went out to sing with Cheng Xi and the others. This didn't stop his father from following him.