So, in the following time, Jiang Fei, A Long, A Hu and others went with Chen Dong and his group to a nice restaurant to eat and drink.
With good wine and food as a medium, the slight awkwardness they felt at their first meeting quickly disappeared, and they returned to their previous way of getting along.
The various boasts and idle chatter in between are not worth mentioning.
The news that Longteng Auto, located in Shenzhen, released its latest information has attracted widespread attention from various media outlets.
That afternoon, many newspaper reporters had already gathered. Some of them quickly got into the swing of things, looking for leaders of Longteng Automobile to conduct interviews.
However, the spokesperson from Longteng Auto's publicity department only said that they would wait for the unified arrangements the next day, and that they were still making preparations.
Meanwhile, in Mingzhu City, Hong Dazhong met with the mastermind behind the scenes.
They still booked the five-star hotel here.
Hong Dazhong met many people here.
Among the foreigners were people from island nations, Americans, and Han Chinese.
There were relatively few domestic representatives; only a handful of people came, all of whom were agents representing products from a certain country.
However, they were also involved in this matter.
The one who initiated this was Schulz of the Hans.
He was Volkswagen's representative stationed in China.
Hong Dazhong, holding a glass of red wine, found him.
The two gently clinked their glasses.
Hong Dazhong said, "Mr. Schultz, things are progressing very smoothly as you have instructed!"
Schultz nodded and smiled. "Very good, I saw it all. Keep up the good work, and you'll be well paid! If you do an outstanding job, there will be extra rewards."
After saying that, he reached out his left hand and gently patted Hong Dazhong's shoulder.
Hong Dazhong felt numb and lightheaded after being praised and patted like that.
What he didn't notice was that Schultz's gaze was full of disdain.
Hong Dazhong felt that receiving Schultz's affirmation and encouragement made everything he had done worthwhile.
Before his eyes, it seemed as if countless gold coins, Chinese yuan, US dollars, and Hanseatic marks were flying and surging towards him.
I felt a bit dizzy and disoriented.
“Mr. Schultz, you’re too kind, really…too kind. We will definitely do our best and won’t let you down.”
Schultz has always been optimistic about and supportive of the joint venture with Mingzhu Auto, as it would help open up the Chinese market.
He was especially excited by the praise and accolades that Mingzhu Volkswagen received after the car was built and put into operation.
Volkswagen has also become a symbol of status.
Owning a Volkswagen signifies status and prestige, giving one a sense of superiority wherever they go.
The hefty profits generated by the high selling price made Schultz extremely happy.
However, he was not very supportive of the policy proposed by the relevant departments of Mingzhu City to localize automobile production, and insisted on using parts produced by the original manufacturers in Hans.
The reason is that China's material processing technology and automotive parts manufacturing technology do not yet meet the requirements.
The real purpose, however, is to sell the parts.
The Chinese people, of course, would not agree to this.
The purpose of attracting foreign investment and establishing automobile factories is to learn advanced technologies and management experience, not just to become assemblers.
To this end, the local government contacted relevant manufacturers to benchmark against the technical standards of the Hansinian country and continuously improve the level of technology.
After countless failures and attempts, a breakthrough was finally achieved.
This also made Schultz realize that the Chinese people, through their perseverance and hard work, were also capable of producing qualified products.
And these products are not expensive.
Compared to the costs of producing these parts in Russia, transporting them all the way to China, and then assembling them, producing them in China is far more cost-effective.
As a result, the localization rate of parts for Mingzhu Volkswagen has begun to increase slowly.
Lower costs naturally mean higher profits.
Therefore, Schultz was no longer so adamant in opposing the manufacture of parts by China, and even began to encourage it.
Schulz was therefore awarded a special commendation by Volkswagen headquarters in Germany.
However, Schultz took it seriously after learning that Tenglong Automobile Company was being established in Pengcheng.
Although he also knew that a country as large as China only had two production lines, including Volkswagen, the number of cars on the road was pitifully small.
Even if Tenglong Motors starts production and sales, it will not compete with Volkswagen in the short term.
After all, China has been reforming and opening up for more than a decade, and its social economy has developed rapidly.
Although there aren't many private individuals who can afford Volkswagen cars, government agencies and many large organizations are already able to purchase them.
He also believes that with the development of China's economy, a peak in automobile consumption will definitely emerge in the future.
Volkswagen must seize the initiative and ideally enjoy this delicious cake all by itself.
But unexpectedly, Tenglong Auto suddenly appeared out of nowhere and became so big all at once, with a localization rate of 55%.
Schultz anticipates that if Tenglong Motors' move is successful, it will have a huge demonstration effect.
And it immediately outshone Volkswagen.
He panicked and sent people to investigate.
This person is Hong Dazhong. He knows a broker in China who specializes in building relationships for various parties; he's a jack-of-all-trades.
After his investigation, Hong Dazhong found out all the information about Tenglong Automobile's equity structure and technology sources.
Then, Schultz learned that the technology came from a company in the United States.
He hurriedly sent the message to the relevant agencies in the United States through secret channels.
However, the US government did not take this matter particularly seriously. They believed that it was a matter within the automotive industry's own business and that these technologies were not on the COCOM ban list.
In other words, companies can decide for themselves where to invest.
Meanwhile, American officials even believe that Schultz's move is suspected of targeting competitors.
After all, as early as ten years ago, Hans had already established a joint venture factory with China.
It cannot be said that only the United States is allowed to invest, while the United States is not.
Schultz had no choice but to befriend unofficial American organizations and have them create trouble for Longteng Motors.
As for the arrival of people from the island nation, Schultz discovered this from some data released by Longteng Auto, which had a strong island nation style, and then leaked the news.
The island nation has long coveted China's automobile market and has been seeking to establish joint ventures, but no agreement has been reached yet.
They also earn a large amount of foreign exchange every year by exporting cars to China.
Therefore, they are very wary of the emergence of a production line in China capable of manufacturing cars with an island nation style.
To this end, Schultz specifically convened personnel from various countries involved in automobiles and trade in China, intending to jointly target Longteng Automobile.
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