Dr. Werner P. Schmidt's reaction had been fully predicted before Zhang Hongchuan arrived.
In the face of Dr Werner P. Schmidt's criticism, Zhang Hongchuan decisively took the side of the Tiangong Automobile Group: 'Dr Schmidt, we have also conducted rigorous investigations. As far as I know, although Tiangong Automobile Group is a new company, it is a strategic partner of the Rolls-Royce Motor Group. The six cars released this year caused a huge sensation at the Geneva International Motor Show.'
'The eyes of car dealers and consumers around the world are discerning.'
'At least, in the world, Tiangong Motors is more popular than Santana, isn't it?'
'As far as I know, Santana's past history doesn't seem to be very good.'
In the last sentence, Zhang Hongchuan's tone was a bit meaningful, and his gaze was fixed directly on Dr. Werner P. Schmidt.
Dr. Werner P. Schmidt's confidence instantly ran low.
The insider knows the situation. Previously, they bullied the mainland because they didn't know the outside world well, and the public didn't think much of the mainland market either. So they bullied the mainland into accepting the backward and failed Santana model, and they kept a haughty attitude, hoping to get more benefits.
That's why the negotiations dragged on. No one expected anything to go wrong. It looked like the mainland was about to agree, but then suddenly Tiangong Auto Group came along.
Dr. Werner P. Schmidt was filled with anger and embarrassment.
He said stiffly, 'Tiangong Motors is only a little more attractive in appearance, but its technical level is far inferior to that of our Volkswagen.'
'Now that we at Volkswagen have already started targeted development of a similar model, with our strength, we will be able to develop it very quickly, and Tiangong Motors will not be able to compete with us!'
'Team Leader Zhang, the automotive industry is, after all, a very important field. I suggest you think again.'
'I will report your attitude to the higher-ups as well.'
'I have other things to do, so I'll be going!'
After saying this, Dr Werner P. Schmidt swept away, but in Zhang Hongchuan's opinion, Dr Werner P. Schmidt's footsteps were hurried and rather panicked.
'Think carefully, huh!'
'National strategy, it cannot be taken lightly!'
'I'd better contact Tiangong Automobile Group quickly. This year, I can't relax...'
After thinking about it, Zhang Hongchuan turned and left. He wanted to quickly form an inspection and negotiation team, prepare a negotiation plan, and quickly promote cooperation with Tiangong Automobile Group.
It had been several years since the decision was made from above to build a civilian car, and enough time had been wasted. It couldn't be delayed any longer...
Naturally, Dr Werner P. Schmidt's report to the head office caused quite a stir, and there was an intense debate within Volkswagen.
There was no doubt that Volkswagen was not happy with either of the two proposals put forward by Continental.
The first proposal was to build a complete car factory from scratch, but there was no way to take over Shanghai Tractor and Automobile General Corporation, so the construction costs would skyrocket several times over, and it would be more difficult in every way.
The second proposal was almost unanimously rejected by Volkswagen's senior management.
The Santana was originally intended to be a waste product, and the technology was not the most advanced, but if the complete vehicle manufacturing technology for a model equivalent to the six new vehicles released by Tiangong Automobile Group was to be provided, that was absolutely impossible!
These technologies were developed by Volkswagen over the past few decades at a cost of tens or even hundreds of billions of dollars, and they are also the foundation of Volkswagen's current success. How could they be easily given to the mainland?
In the eyes of Volkswagen, the mainland market is too small. Even if they can reach a cooperation to build a production line with an annual output of 30,000 cars, it is hard to say whether they can sell all 30,000 cars a year.
Even if they can sell them, how much money can they make?
Many senior executives who originally opposed cooperation with the mainland took this opportunity to propose abandoning cooperation with the mainland completely.
For a time, a dark cloud hung over the Volkswagen-Continental partnership.
But this was exactly what Xia Yu had hoped for.
Volkswagen, get out of here!
...
Xia Yu was rushing to sign some documents in the chairman's office in the Jiuding Building in Jiulong, Xiangjiang when there was a knock on the door.
'Knock, knock!'
'Come in!'
As Xia Yu finished speaking, the half-closed office door was pushed open, revealing the figure of Wang Qi.
Xia Yu put down his pen and said with a smile, 'Wang Qi, what took you so long? I thought Jiuding Securities didn't need a year-end bonus.'
Wang Qi smiled awkwardly and said with a smirk, "Chairman, I'm sorry to have kept you waiting.'
Xia Yu shook his head with a light smile and said, "What are the arrangements for this year's year-end bonus and party?'
'Chairman, this is the annual plan and list prepared by Jiuding Securities Company. Please take a look!'
Wang Qi walked quickly up to Xia Yu and took out a plan prepared by Jiuding Securities Company from his bag and presented it to Xia Yu.
'You sit down first!'
After indicating for Wang Qi to sit down, Xia Yu browsed Wang Qi's year-end bonus and party plan.
Jiuding Securities Company was preparing to hold a year-end party. Apart from eating and drinking, the most important parts of the party were the award ceremony and the group lucky draw.
The awards are based on contributions made this year and are given to employees who have made significant contributions to the company. There are three levels of awards.
The first prize is a sea view villa developed by Jiuding Real Estate Group, worth 4 million Hong Kong dollars.
The second prize is three of the most top-of-the-line Rolls-Royce cars, each worth more than 2 million Hong Kong dollars at the current exchange rate, which is more than 6 million Hong Kong dollars in total.
The third prize of ten top-of-the-line Bentley Continental cars was worth over HK$800,000 each, or over HK$8 million in total.
Jiuding Securities alone spent nearly HK$19 million on the prize-giving ceremony.
The lucky draw was open to all employees, and everyone had a chance to win, even the lowest-ranking cleaning lady.
There were six prize tiers in the lucky draw.
The first prize was a luxury home worth millions of Hong Kong dollars.
The second prize was five Tiangong Shenyu generation cars, each worth nearly 150,000 Hong Kong dollars.
The third prize was ten brand new Tiangong home appliances, each set including a refrigerator, TV, washing machine, air conditioner and range hood, worth a total of 30,000 Hong Kong dollars.
The fourth prize was 8,888 yuan red envelopes, 50 in number.
The fifth prize was 1,888 yuan red envelopes, 200 in number.
The sixth prize was 888 yuan red envelopes, the lowest prize category, with an unlimited number of prizes.
According to the final tally, the entire evening, including venue and dinner expenses, will cost 28 million Hong Kong dollars.
Of course, this is just the cost of the year-end party. In addition, the employees' profit sharing for the company is still given, and the year-end bonuses are also distributed according to the evaluation rules.
Previously, Wang Qi had taken over the employees' performance bonuses and year-end bonuses, which amounted to a total of more than 180 million Hong Kong dollars. This is still a very low percentage, and Xia Yu approved it.
If you add the cost of this year-end party, Jiuding Securities will have to pay out more than 200 million Hong Kong dollars at the end of the year.
But compared to the profits Jiuding Securities made for him last year, this is just pocket change!
The employees work hard to make money for him, and he is not a miser. He can afford to give this money away!
No question, it's approved!
Xia Yu signed Wang Qi's submission with a single stroke of the pen.
After signing, Xia Yu looked at Wang Qi and asked, 'Wang Qi, what about the annual bonus plan for the Heung Kong Futures Exchange?'
'Have you done it?'
Wang Qi immediately replied, "Chairman, it's done, it's here.'
Wang Qi said, and hurriedly took out another document from his bag and presented it to Xia Yu.
Xia Yu browsed it while asking, "What's the situation of the futures exchange now? What level is it at?'
Wang Qi immediately reported: 'Chairman, the futures exchange's daily trading volume this week has exceeded 4.1 billion Hong Kong dollars, far exceeding the stock market.'
'The Hong Kong stock market has become increasingly active in the past two months, with more than 20 companies listed, but the daily trading volume is only about 2.8 billion Hong Kong dollars.'
This comparison highlights the popularity of the Hong Kong futures market.
But who says the futures market is a leveraged market? Funds are magnified, and it also has three types of commodities that are easily accepted by foreign capital: FTSE 100 stock index futures, Nikkei 225 stock index futures, and rubber futures.
According to the futures exchange's 5/10,000 commission fee, based on the current daily trading volume, the daily commission fee can reach 2 million Hong Kong dollars.
Xia Yu nodded with satisfaction and then signed the document again.
'This plan is well done. This year is a year of rebirth for the futures exchange. Let the employees have a better life and work together to continue to grow the exchange next year.'
'I understand. Next year, I plan to have the futures exchange launch crude oil futures and other financial futures products,'
Wang Qi said with a smile.
'That's fine, as long as you have a plan.'
'If there's nothing else, go back early and bring the good news, so the employees can be happy.'
'Okay, Chairman, I'll go back first then.'
'Yes, go!'
After watching Wang Qi leave, Xia Yu smiled, and after a moment of pondering, he muttered to himself, 'There are only a few companies left that haven't come yet, and they should all be here today.'
'After this year-end bonus is handed out, all kinds of talent will be jumping at me next year, hehe...'
...
In the last few days before the Chinese New Year, the limelight was almost monopolised by the various companies under the Jiuding consortium.
The media reported on the year-end bonuses these companies were handing out like crazy.
In particular, Jiuding Securities spent more than 200 million Hong Kong dollars on year-end bonuses and parties, with sea view villas, luxury cars, big red envelopes, etc., literally making all the readers who saw the news jealous and bleeding.
Not to mention their counterparts in the financial industry, everyone was envious.
Jiuding Securities has become the 'good company of someone else's family'!
For a while, the whole sky of Hong Kong was filled with a sour lemon smell.
I don't know how many people boast that their abilities are not inferior to those of the companies under the Jiuding consortium, but they are given a meager year-end bonus, not even a share, let alone the mentality!
In addition, the employees of each company were given a sign by the senior management that the company would expand its recruitment in the spring at the beginning of the year, and they were asked to mobilise their connections to find outstanding people to interview.
This news spread like wildfire in Xiangjiang, and I don't know how many people's minds were activated, preparing to find an opportunity to jump ship to these companies after the New Year.
Amidst all the commotion, Xia Yu spent a warm New Year's Eve at home. Although he didn't go to work from the first to the third day of the New Year, he still had to deal with the inevitable social interactions, and the iron gate of the Xia residence was almost trampled to pieces.
On the fourth day of the New Year, Zhang Hongchuan, the leader of the Shanghai-Shanghai car project preparation team, personally led the team to the Xiangjiang Tiangong Automobile Group. However, Xia Yu did not show up again, but instead left it entirely to Chen Caijun to handle. After all, he had already explained everything clearly, so there was no need for him to worry about it.
He has more important things to do!
The new year has begun, and it's time to take action against the island nation!