Rebirth in Hong Kong: Rising from Acquiring the Audi Factory

Protagonist: Bao Junyi

【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】

Bao Junyi arrives in 1972.

Bao Junyi transmig...

Chapter 53: European Factory Workers Strike

"Very good. Now let's reduce the funds. How much cash is in the Fat Tiger Fund Company account now?"

"Boss, Fat Tiger Fund currently has only $1.02 billion in cash. Its stocks, including Miracle Games, hold $1.84 billion. It has purchased $570 million in US bonds, over $100 million of which went to wealthy individuals and upper-class Americans. As per your request, another $380 million has been invested in US companies in the primary market."

"Last time, we invested $2 billion in Miracle Games' IPO and made a profit of $800 million. Through this period of stock market operations, our funds have reached $3.62 billion."

"Robertson, you've done a great job. I'll be giving options to those who make great contributions to the company later on, and I hope you'll be among them."

"Boss, I will work hard, and thank you for giving me the opportunity to stand on the stage of Wall Street again. When I was broke, you reached out and helped me, and I became famous on Wall Street again."

"Robertson, do your best. I hope you can surprise me this time and make those who target us pay a heavy price."

Bao Junyi chatted with Julian Robertson for more than ten minutes before ending the call.

At this time, Qiu Shuzhen knocked on the door and came in and said, "Mr. Bao, Mr. Jia has been here for a while. Should we let him in?"

"Let him in."

A minute later, Jia Yuezheng entered the office with a notebook and said, "Mr. Bao, do you have any arrangements with me?"

"Notify the Xiangjiang Automobile Factory to coordinate a group of skilled workers to set up an engine production line. At the same time, coordinate with experienced technicians from Europe to organize training and practice on the production line in advance. It's okay to go slowly, but the engine quality must be up to standard."

"Mr. Bao, is there something wrong in Europe?"

"Hasn't engine production always been done at Audi's European factory?"

"There is a problem. Someone over there is starting to target us, so we need to take precautions in advance."

"After all, the proficiency and skills of Hong Kong's skilled workers weren't up to par before, so we had to move engine production to Audi's European factory. Now that the proficiency of the factory workers has improved, we can take this opportunity to move some production capacity to Hong Kong, which also reduces risks."

"Bao Sheng, besides the factory, should we also give a heads-up to the international Audi 4S stores and dealers?"

"No, we will launch several models next year and participate in the Paris International Motor Show. The sales decline is only temporary."

"Okay, Baosheng, I'll arrange it right away."

Bao Junyi watched Jia Yuezheng leave and returned to his busy work.

Half a month later.

Suddenly, Qiu Shuzhen ran in and said, "Baosheng, something bad has happened. Workers at Audi factories across Europe are on strike. Adams, the head of Audi factories, just called to report this."

"What did Adams say?" Bao Junyi said with a gloomy face.

Adams explained that the union at the Audi factory is currently organizing a strike, demanding higher wages and shorter working hours. Otherwise, they will refuse to resume work, and Adams is currently lobbying the union.

Bao Junyi said angrily: "Huh, the Lauren family is really quick to act. They actually convinced the union workers. They are really greedy."

Now, since the last acquisition, Bao Junyi has increased the salary and benefits of the Audi factory workers, and also added many benefits, which basically exceeds that of 90% of the workers in German companies. However, they are still not satisfied, which makes Bao Junyi very angry.

Secretary Qiu Shuzhen worriedly said, "Guaranteed, there have been several incidents at 4S dealerships across Europe where customers have been causing trouble for various reasons, demanding refunds and compensation."

"Contact the company's public relations and legal departments and go there to assist in handling this matter. Don't let the negative impact escalate."

"At the same time, have President Jia personally go to the Audi factory in Europe to coordinate. Also, consult with the local authorities and come forward to coordinate. If the impact is severe, we will follow the previous acquisition contract signing process and have no choice but to relocate the factory."

"Okay, Baosheng, I'll go and notify them right away."

In fact, Bao Junyi was not very worried about the Lauren family's attack. He had taken some precautions in places where they could be attacked. It was just that this operation was disgusting.

Time is spent in the game.

Half a month later, the union at the Audi factory became more and more violent. Workers even hung banners at the factory gate to block normal entry and exit. The negotiation team also made compromises, but the workers put forward more stringent conditions. The head of the local workers' association just went through the motions and did not provide any effective help.

Moreover, this farce directly attracted the attention of news media from all over the world.

As for the Miracle Group 4S store, in the past half month, various customer disturbances caused by car purchases have also intensified.

At the same time, a union-organized strike occurred in the factory in the United States. Fortunately, Michael's authority suppressed the turmoil.

In addition, the stock price of Miracle Games has also been fluctuating abnormally recently, with large funds entering the market to gamble. Not only has large funds entered, but negative news has also appeared.

Bao Junyi sat in his office on the top floor of the Miracle Building in Central, pondering how to break the deadlock. His overseas businesses had been frequently targeted in the past two weeks. Were the Keswick and Lauren families the only ones targeted? There must be more...

Jia Yuezheng has been at the Audi factory in Europe for half a month. The negotiation progress is very slow, and it seems that he is deliberately delaying the time. Now the Audi factory has stopped production and there is a shortage of Audi car engines. Fortunately, the Hong Kong factory took precautions in advance and has been slowly increasing the engine production speed. It has a miracle factory with advanced machine tools and lithography machines. The processing of many core components has also become much faster, and the output is also increasing rapidly.

Bao Junyi called his secretary, Qiu Shuzhen, and said, "Notify the factory manager to add an engine production line and operate two shifts to prepare for the launch of the two new models next year."

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!