Automotive Black Technology Chapter 923: : Rare earth resources!
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Whether in the past or in modern times, as the main carrier of economic activities, the biggest purpose of enterprises is to obtain profits.
This cannot be changed at any time.
However, often when a company develops to a certain scale, it will fall into a vicious circle - because the organization is bloated and inefficient, the capital turnover rate is reduced. The combination of the two will seriously affect the normal operation of the enterprise.
As you can see, if you do not continue to maintain a certain profit growth rate in this state, the company will go downhill.
And if another decision-making error occurs and the company loses money, then the capital chain is likely to be broken.
In modern enterprises, the capital chain is the most important indicator of the health of an enterprise; some companies seem to be arrogant and have outstanding business performance, but they are probably expanding blindly and facing the difficulties. When a high-debt company expands its territory, if one bad move is made, it can be wiped out in minutes.
However, some companies are tepid, but they always maintain a high capital turnover rate and can withdraw large amounts of available cash at any time from their existing businesses. Such a company is very prosperous.
For example, Lao Ganma.
Zhengxin transcends these two kinds of existence. It develops rapidly and has a thick capital chain. Having money and being able to be willful, I have envied many companies.
If Mason hadn't told him, Li Fanyu, who hadn't been in the United States for a long time, really wouldn't have known the inside story. Now that he heard the news, he felt a little pity for old Jones.
It seems that the old guy who complained to me on the plane was not completely deceived. Roger Jones Company is really not doing well right now.
He rolled his eyes and asked, "How could this happen? When I was in contact with Jones before, I saw that he was living a very healthy life, right?"
"Ha, what do you know." Mason crossed his legs. "Since old Jones retired and his youngest son took over the position of chairman of the group, he has started a large-scale financing expansion. In an attempt to further expand Luo Jay Jones's market share in the United States and around the world. This is a guy with high ambitions. Not only has he started to make great efforts in the field of warehousing and logistics, but he has also started a lot of side businesses such as rare earth mine development. These are all money-making. It is a slow-acting, risky investment.
Since last year, rumors have circulated that Roger Jones has over-invested and is too strapped to maintain the company's healthy operations. I estimate that perhaps in order to keep banks and shareholders confident, they mortgaged part of the property and received some financial support.
However, the overseas rare earth mines that Jones is optimistic about have not achieved the high returns expected, and now their bank repayment season is approaching. We couldn't raise any money, and the capital chain had been cut to unknown lengths. ”
So serious?
Li Fanyu hissed, "Then old Jones is still clamoring to buy new trucks for the company? Minato, what should he give in exchange?"
Mason curled his lips and said, "Haha, old Jones is very clever. Judging from the fact that he contacted you and wanted to replace trucks for their warehousing and logistics business, this old guy is not really confused yet.
These two parts of the business are the foundation of Roger Jones Company. Old Jones may want to take advantage of the bank repayment season to integrate the core business first and create momentum.
Firstly, it can revive this part of the business that was previously neglected. Secondly, it also sends a signal to the outside world, gives shareholders and banks confidence, and delays the crisis to gain time for rescue.
Otherwise, do you think he could go all the way to find a relationship with you at this critical juncture? ”
Li Fanyu slapped his head.
Routine.
Routine!
I thought I was extremely smart and mighty, and I could see through the ferocious face of the old capitalist at a glance. I didn't expect that in the end, I would be kept in the dark.
Fortunately, I didn’t agree immediately at the time, but handed it over to Mason, which gave the matter room to ease. Otherwise, I would really be roasted on the fire by that hateful old guy!
But after learning about Roger Jones's current situation, Li Fanyu became interested.
"Mason, can you take advantage of his illness to...want him?" Li Fanyu glanced at Mason.
To be honest, although the warehousing and logistics industry is not a hugely profitable industry, it is stable. As long as it is managed properly, there is no reason to lose money even if it lasts for a hundred years. Moreover, this industry requires a large number of transportation vehicles, and it can be effectively integrated with Zhengxin to form a secondary industry.
Wouldn’t it be great if I could get it?
"This is exactly what I want to tell you, boss." Mason nodded, "I already contacted Roger Jones Company in a tentative manner yesterday. They wanted to use loans or assets as collateral. way to pay for the replacement truck."
"Oh?"
Li Fanyu is not very interested in these. For a company whose capital chain has been broken for many days, what else can be worth pledging?
Unless... it's okay to use their warehousing and logistics company, which seems to be the most valuable right now.
Looking at his excited and greedy expression, Mason smiled: "Don't think about so many bosses. Even if you are not short of money, Roger Jones is after all a business empire with a market value of 50 billion US dollars. Moreover, the logistics and warehousing business is closely related to the economic integration of North America. If you want to buy the company while they are not doing well, the authorities will not agree."
Hiss!
Li Fan’s stupidity ached.
Then this business is still a piece of cake!
I don’t have money, and I can’t use my favorite Xi’er... No, my favorite thing pays for it. Do you want me to give them the truck for free?
There is no way!
Looking at his angry look, Mason stood up with a smile, took out a stack of documents from his filing cabinet, and placed them in front of Li Fanyu.
"But boss, I think you should be very interested in this."
Li Fanyu picked up the pile of documents doubtfully, looked at it carefully, and a smile appeared on his face.
This is a property appraisal.
Although it doesn't look official, the data inside is real and detailed.
What is asset valuation?
About Roger Jones Company’s evaluation of overseas rare earth minerals!
Li Fanyu previously thought that Roger Jones's rare earth mines were just scattered pieces, but he never expected that Jones's prodigal son was so prodigal!
Damn it, he is so big!
"Boss, I see that you are currently vigorously developing electric vehicles in China. But now you are just at the stage of struggling with battery technology, right?"
Li Fanyu nodded.
Isn’t this nonsense? I just redeemed the battery technology from Xapp, of course it’s useful!
“But for electric vehicles, it’s not just about qualified batteries. The bus you have now relies on its large internal layout space and you can place high-power motors at will. If you want to go further in the field of electric vehicles , more precise, powerful, and reminder that smaller motors are also another important part.
You know, if you want to make a motor, you cannot do without permanent magnet materials. And... if you want to develop precision and high-performance motors, you cannot do without rare earths! In the future, as long as you want to make a difference in the power of electric vehicles, the demand for rare earth resources must not be small. ”
Li Fanyu Get instantly.
"Just now you said that Little Jones has invested a lot of money and thought into this rare earth mine. Are you sure you can take advantage of this opportunity to get it?"
Mason snorted and smiled, his true nature as a profiteer fully revealed, "Now that Jones Jr. is being impeached by the Jones Joint Board of Directors, do you think they will agree to it now that they are eager to revive their core business?"
When it comes to this, Li Fanyu is convinced.
He patted the asset appraisal form hard, "Then go ahead and do it! Grandma, take him down!"
In front of Mason, he didn't say the next words.
For a long time, Europe, the United States, Japan and South Korea have been putting aside their own rare earth resources and importing them from China. This time, I’m going to act like a big boss and take a city from the Yankees!