To some extent, the country benefited.
certainly!
That's what Old Lin thought in his heart, but he wouldn't admit it out loud.
Ultimately, it's all about equity.
Upon hearing this, Old Lin thought for a moment and then said, "Young Chen, the country won't take advantage of you. 2 billion US dollars is equivalent to 10 billion RMB. I can decide that FAW Group will contribute 80 billion RMB, and your Longteng Group only needs to contribute 2 billion RMB. However, in terms of equity, FAW Group will hold 70%, and the remaining 30% will be held by your Longteng Group."
The investment of $400 million, plus the money spent on acquiring an island nation's automaker, totaled less than $1 billion.
That means FAW Group has more than 150,000 registered employees and total assets exceeding 434 billion RMB.
Among them, three are listed companies controlled by light.
If we include intangible assets and brand assets, the total value is already in the trillions.
Everyone has heard of BYD, but BYD was not officially established until 1995.
By 2021, BYD's market value had reached nearly 900 billion RMB.
In other words, the car company that Chen Dong is about to build will be no less impressive than BYD in the future.
For less than $1 billion, you can get 30% of a company with a market value of trillions of dollars. No matter how you look at it, it is a very worthwhile deal.
However, Chen Dong did not see it that way.
Chen Dong shook his head. "Mr. Lin, first of all, I need to correct one point. Money is not a problem for Longteng Group. So, I'll make a concession: Longteng Group will invest 4 billion RMB, taking a 45% stake in the entire company. If you don't agree, I'll have to do it all by myself."
Having said all that, which was essentially Chen Dong's bottom line, he could no longer make any concessions.
Old Lin stared intently at Chen Dong for a while, then suddenly chuckled and said, "Deal!"
"Secretary Wang, Chen's tea is all gone, aren't you going to refill it?"
Chen Dong was taken aback, and cursed inwardly, "Old fox."
......
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