The current "Four Asian Tigers" still have something to offer, with good companies in many fields such as electronics and automobiles.
During his visit to Bangkok, Fan Shilun saw both the superficial prosperity and some hidden worries.
The rapid development of Southeast Asian countries is inseparable from foreign investment and a large amount of foreign debt, but they are not well-prepared in finance. Once foreign capital is withdrawn, it will cause a shortage of foreign exchange and a sharp drop in the local currency.
According to Du Shaojie, this is called the "dollar tide", and after the huge wave, what is left is likely to be a mess.
"Mr. Du, I think Bangkok's electronics industry is doing well, especially in the field of printed circuit boards, which has strong competitiveness."
During his visit to Bangkok, Fan Shilun focused on the electronic information and automobile industries.
In the end, he concluded that if he wanted to buy the country's assets at a low price, the target could be the electronic information industry. He visited two printed circuit board companies and felt that they had great development potential.
"Well, I'll go and take a look in the next few days. Mr. Fan, you've worked hard these days, come back and have a good rest, and at the same time stay in the company."
Du Shaojie carefully read the inspection report written by Fan Shilun after he came back, and found it very inspiring.
He then called Yu Mo and invited him to go to Bangkok.
Speaking of which, he was also a major shareholder of [Dongsheng Electronics], but he didn't know much about professional things. Moreover, if he acquired the industry in Bangkok in the future, operation would also be a problem.
So he preferred to do this with Yu Mo.
"Ajie, I don't have so much idle funds. If we really want to make an acquisition, you should be the main one. I can only invest a small part of the funds. You don't have to worry about the operation of the enterprise. You can leave it to [Dongsheng Electronics] for trusteeship."
When Yu Mo arrived in Hong Kong, he had an in-depth exchange with Du Shaojie.
In other words, the two of them had been partners for a long time, otherwise this problem would be difficult to solve. Who would dare to hand over a large enterprise to someone else for trusteeship?
"Your suggestion is very good, but I am investing here, and I will realize it sooner or later."
Du Shaojie's meaning was very clear. Dongsheng Electronics is Dongsheng Electronics, and Dingxin International is Dingxin International. The two cannot be confused.
He acquired local enterprises in Bangkok in the name of [Dingxin International], and the ultimate goal was to obtain investment returns, not long-term operation. So when the right time comes, [Dingxin International] will definitely sell its shares.
"I understand! I just can't come up with so much money for the time being. If you plan to cash out in the future, you can sell your shares to [Dongsheng Electronics]. [Dongsheng Electronics] will use the chicken to lay eggs, and you will get investment income. It's a win-win situation!"
Yu Mo couldn't help laughing. What's there to discuss? Both parties can get what they need.
Du Shaojie nodded, feeling very satisfied. This is also an important reason why he likes to cooperate with Yu Mo. The other party can always figure out what he needs at the first time, instead of repeatedly entangled in the question of who is at a disadvantage and who is taking advantage.
Next, everyone flew directly from Hong Kong to Bangkok.
Du Shaojie, Yu Mo, Liang Meiqin, Winnie, Wang Yongli, Luo Qin, Zou Xiaohe, Peng Yongjun, Xu Youlian and other nine people stayed in the local area for half a month.
Business inspection is one aspect, and at the same time, they also saw the local customs and people, and basically seemed very relaxed.
Only Yu Mo was not very happy. To be honest, the current technical level of [Dongsheng Electronics] is not as good as the two large factories in Bangkok. During the inspection, although they were very polite, they obviously didn't look down on their counterparts from the mainland.
At present, [Dongsheng Electronics] is already well-known in China, but it has no international reputation.
"Momo, don't think too much. Who doesn't develop step by step? I believe that the future [Dongsheng Electronics] will definitely appear in the top ten in the world."
Du Shaojie, Liang Meiqin and others took Yu Mo to eat street snacks in Bangkok and comforted him.
In fact, Yu Mo was just a little unhappy, but he did not lose confidence.
After eating and returning to the hotel, Du Shaojie received a call from Pang Weidong, who said that he and Xu Bo had also arrived in Bangkok and invited Du Shaojie to meet at KTV.
Du Shaojie also wanted to see their industry in Bangkok, so he left the hotel with Wang Yongli, Zou Xiaohe and Peng Yongjun.
Pang Weidong's KTV is located in a busy area in the city center. It is easy to find. Before you get there, you can see a huge sign with flashing neon lights. The name on it translates to [Happy Palace].
The interior decoration is extremely luxurious, and it really gives people the feeling of walking into a palace.
"Ajie, we occupy a total of six floors here. The middle hall can be used for performances, and the second to sixth floors are all KTV rooms. To be honest, the investment in this store can open five KTVs in China."
Pang Weidong came over and introduced Du Shaojie and others as they walked.
This is the proud work of him and Xu Bo. Although they have to share a part of the profits with the local bigwigs, the two have already made a lot of money.
Du Shaojie couldn't help but admire it again and again. This is really a "gold consumption cave" and a world of money.
Now that funds from all over the world are gathered in Bangkok, naturally there are players from all over the world who come here to find happiness. Therefore, the name [Happy Palace] is so appropriate, and it fits all people's imaginations of a life of dissipation and extravagance.
"Find you a few beauties?"
"Forget it today, I'll just sit for a while and then leave."
Du Shaojie, Pang Weidong and Xu Bo drank alone in the private room for a while.
Pang Weidong said that he and Xu Bo had already made a plan to withdraw funds. It happened that the business of [Happy Palace] was envied by many people, so they planned to transfer it and put the money in their pockets.
Du Shaojie couldn't help but look at the two of them with a higher opinion. According to the current hot business of [Happy Palace], it is comparable to a money printing machine. Not everyone can make up their minds to retreat at the height of their career.
"It's good that you have a plan. Be careful. After all, you are on someone else's territory. Don't be careless at the last moment."
Du Shaojie had nothing to say. Pang Weidong and Xu Bo's execution ability was terrible. They could still make such a big fuss in a foreign country.
He mentioned the safety issue and said no more.
The next day.
Pang Weidong and Xu Bo invited Du Shaojie and others to have a meal, and the group left Bangkok and went to other cities for inspection.
This trip was worth it. Liang Meiqin and Winnie felt that they had gained a lot of knowledge, and Yu Mo was constantly looking for his own shortcomings.
Of course, it is not a good time to discuss acquisitions. Du Shaojie and others stayed here for almost 20 days and then returned to Hong Kong.
Yu Mo stayed in Hong Kong for a few days and discussed the timing of intervention with Du Shaojie behind closed doors. Yu Mo was really tempted. She not only needed technology, but also a broader market.
"Ajie, I think we should start as soon as possible, at least register the company first. It is obviously inappropriate to talk about acquisitions with others now. How about discussing cooperation first, such as setting up a joint venture in Bangkok?"
Yu Mo's idea was different from Du Shaojie's, and there was a sense of step by step.
Du Shaojie thought about it and felt that the other party's proposal also made sense. Moreover, there are many operational areas, but some details are difficult to solve.
He then called Fan Shilun and others over to discuss this issue specifically.
"If it's too early to leave now, right? We have to consider the issue of capital cost, and there will be exchange losses in the future. It is very difficult to operate, and we may lose money if we are not careful."
Fan Shilun said very directly that leaving now is equivalent to making wedding clothes for others.
He disagreed with Yu Mo's suggestion. There are many ways to obtain technology, and it is not necessary to take such radical measures. Moreover, whether the other party agrees to the joint venture is still unknown.
"It doesn't necessarily mean that you will lose money. Mr. Fan, have you considered taking out a loan? It is still very easy to get a project loan in Bangkok at present. For example, if you invest 1 yuan of foreign exchange in the local area, you can get an equivalent Thai baht loan."
Liang Meiqin thought about it and had a different opinion.
She went to Bangkok to investigate the local financing situation this
time. The threshold for loans is relatively low, which can invisibly lower the cost of funds. This is also a means for the local area to attract foreign investment, but it is limited to industrial investment. "Why make it so complicated? If you ask me, it's better to wait and short the Thai baht."
Winnie's idea is more radical. All the suggestions are based on the future substantial depreciation of the Thai baht. If this premise is established, wouldn't it be more profitable to short the Thai baht when the time is right?
"I think this matter should be divided into two parts. One part is that Mr. Yu wants to obtain technology from Bangkok. In theory, this idea is not wrong, but the cost should be considered.
The other part is that if the Thai baht depreciates in the future, what impact will it have on this matter? Everyone's opinions are inconsistent. Let's stop here today and think about it carefully when we go back."
Du Shaojie felt that it was not a good idea to continue arguing like this, so he ended the meeting.
Yu Mo also felt that his ideas were not very mature, so he returned to Shenzhen.
Du Shaojie then sent Fan Shilun to Bangkok for a second inspection, and he must clarify some details.
Yu Mo went back to convene a meeting of company executives to discuss the feasibility of investing and building a factory in Bangkok. If feasible, she will join Dingxin International to discuss cooperation with local printed circuit board companies.
"We are not without bargaining chips. The bargaining chip is the huge market in the mainland. If we invest and build a factory in Bangkok, a large part of the products produced will be sold to the mainland, and they will consider cooperation."
After sufficient discussion, Yu Mo finally sorted out his thoughts.
At present, the company's production capacity is limited and the technology is not very advanced. If you want to break through, you must take an unconventional path.
"Mr. Yu, the company is planning to build a new production line. If we go to Bangkok to invest and build a factory now, our funds will be stretched."
The company's financial director raised a problem, that is, the company's financial strength cannot support two projects.
"Then suspend the new production line. The production capacity in Bangkok is actually ours, but it has just been moved to another place."
Yu Mo's plan was basically formed in his mind, and [Dongsheng Electronics] reached a consensus to give priority to investing in and building a factory in Bangkok. (End of this chapter)
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