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Volume Three, Section 103

Sha Zhengyang had actually considered this issue before, but he did not expect that this relationship was so popular, which made him realize how sensitive he was in the city.

He had no way to judge Yin Chaofeng's true intention, at least he could not assert it yet, but he also had to admit that his relationship with Thunder was a bit like a plum blossom, even if he had no conscience.

This is also good. I will thoroughly stand on the side and observe how the reform of the electric fan factory will be promoted. It doesn’t matter whether Huafeng Electric will acquire it or not.

Thunder will not hang himself in a tree in Wanzhou electric fan factory. Companies similar to Wanzhou electric fan factory are everywhere in China. It is too easy to find a replacement.

When the Municipal Party Committee re-established the Wanzhou Electric Fan Factory Restructuring Leading Group, with Deputy Mayor Qian Zheng as the group leader and Zhang Weida, deputy director of the Municipal Planning Commission, took over the restructuring of the electric fan factory, the docking and consultation with Huafeng Electric suddenly accelerated the progress, but for Sha Zhengyang, he could focus more on Wanzhou Electric Appliances and Wanzhou Radio Plant.

"As far as I know, Japanese company Sanyo is looking for partners in China. It has not been selected yet. Wanzhou Electric Appliance Factory can try it." Sha Zhengyang did not say anything extra and directly pointed out the topic. "For the investment promotion bureau that is now listed, I think this should be a good opportunity to open up the situation."

"Why don't you tell Director Ma?" Qu Xiaowei wrapped his hands in front of his chest and frowned slightly, "Sanyo is a big Japanese brand. The current situation of our Wanzhou Electrical Appliance Factory, it may be very difficult to join the business with others."

"I shouldn't have said Director Ma's place, but Secretary Zhong should have explained it. I'll tell you here, mainly because there are some specific details and aspects that need to be paid attention to. "Sha Zhengyang picked up the teacup and took a sip. "Although Sanyo is also a big Japanese brand, it is an alternative. It not only makes OEMs by itself, but also is willing to support other companies to make OEMs for it, that is, to do it in a joint venture."

"What do you mean is that if we can gain Sanyo's recognition, Wanzhou Electrical Appliance Factory can obtain Sanyo's brand, technical and management support? Well, can you even use the Sanyo brand directly?"

Qu Xiaowei's eyes lit up. Sanyo in this era is still very awesome, no less than brands like Panasonic Toshiba, and even more awesome.

"It is possible, but if you want to obtain the other party's technical and management guidance and support, or even brand authorization, then the electrical appliance factory will definitely have to pay a certain price. I guess Sanyo will not invest, but will only provide some technical and management personnel and some authorization in exchange for part of the equity for joint ventures..."

Sha Zhengyang didn't know how Sanyo joined Hefei Rongshida, but since Sanyo could choose Hefei Rongshida, he could also choose Wanzhou Electrical Appliance Factory.

Although the rose washing machine of Wanzhou Electric Appliance Factory has declined now, it is still well-known in the central and western regions a few years ago, so it may not be impossible to win a joint venture with Sanyo.

"How is that possible?" Qu Xiaowei shook his head repeatedly, "Now the electrical appliance factory is on the verge of insolvency. What you lack the most is working capital. If you ask Sanyo to come for a joint venture, just like the electrical appliance factory, I am afraid that people will turn around and leave after a glance, unless the municipal finance is injecting a sum of funds..."

"Impossible. The city government can no longer spend money on these holes, and it can't afford to spend it."

Sha Zhengyang pondered slightly, Qu Xiaowei was right. With Wanzhou Electric Appliance Factory currently dying, Sanyo would not be able to look down on it at all, especially a company that does not even have liquid capital.

"Then what else is possible? It will be useless to go." Qu Xiaowei felt a little regretful, "This is an impossible task."

"Not necessarily." Sha Zhengyang raised his head and thought, "If we can introduce a company to make strategic investments, inject working capital, and rejuvenate the electrical appliance factory, and introduce Sanyo to produce technology, management and brand, it may be possible."

"Director Sha, as far as I know, the current bank loan of Wanzhou Electric Appliance Factory and owes more than 20 million to external parts and raw material suppliers. The Wanzhou Electric Appliance Factory's own assets are estimated to be around 30 million, or even less than 30 million. It can be said that the capital and debt are comparable, but the realization of such assets will inevitably be greatly reduced. Therefore, it is reasonable to say that it is insolvent. In this case, which silly roe deer will be the savior?"

Qu Xiaowei's "Silly Roe Deer" made Sha Zhengyang a little embarrassed. He actually thought of this a long time ago. It would be a fantasy to let Wanzhou Electric Appliance Factory want to join the joint venture with Sanyo, but if funds are injected and debts are reduced, then it may not be impossible to survive.

But the funds will not be small, at least tens of millions. Sha Zhengyang is considering investing and injecting it into the Dongfanghong Group, and then introducing Sanyo to its joint venture. Even if OEM is temporarily produced for Sanyo, it doesn't matter.

The next ten or twenty years will be the golden season for China's home appliance industry. With the decline of Japanese home appliances, the rise of China's home appliance industry is an inevitable trend.

Qu Xiaowei couldn't imagine who would be the silly roe deer savior, but when he saw Sha Zhengyang pondering, he suddenly woke up, "Director Sha, don't you want Dongfanghong Group to take over?"

"I have this plan." Sha Zhengyang nodded, not hiding it.

Qu Xiaowei looked at Sha Zhengyang up and down like a monster, and after a long time, he said: "Director Sha, I don't know what you think, let alone whether you can have a joint venture with Sanyo. Oriental Hong Group is developing so well now. They are the overlords in the wine and beverage field, and they suddenly intervene in cross-fields, and is it suitable for such a company? For our Wanzhou, it is of course a life-saving straw, but if you don't do it well, it will be a big loss, which may damage your prestige and image in this company."

There is no such stupid person. Even if you have the right authority in the company you have created, first, you have left the company, second, this kind of cross-field investment is extremely risky, and the situation of the Wanzhou Electrical Appliance Factory can be seen at a glance. It is like a waste of water. Third, after taking over, you still have to continue to invest to maintain such an enterprise with more than 2,000 employees. The monthly salary and other daily expenses are close to one million. If the benefits cannot be generated, it will be a bottomless pit.

"Do you still want to say that you have too much appetite and be careful to get rid of your stomach?" Sha Zhengyang laughed.

Of course he knew the huge risks here. If it weren't for this era, if he could not predict the future development trend of the home appliance industry, he wouldn't have had the fantasy of making Dongfanghong Group cross-border investment.

But in fact, it is now on the eve of the domestic home appliance industry's outbreak. Countless home appliance giants are gradually growing up in this era. Midea, Haier, Hisense, Konka, Changhong, TCL, Skyworth, and Gree are even the same young man. If Wanzhou Electrical Appliance Factory can catch up with this wave of trend, it may be possible to jump up.

"That's right, that's what it means. Dongfanghong Group is now in good development momentum, and even its participation in Huafeng Electrical Appliances is reasonable. After all, water dispensers are closely related to bottled water, but if you enter the field of large appliances such as washing machines, to be honest, the risk is very high." Qu Xiaowei said nothing.

Sha Zhengyang admires Qu Xiaowei's frankness and intuition, and does not delay the situation.

"Well, I know the risks here, so I said that I need to have a joint venture with Sanyo, so that I can avoid risks to the greatest extent."

Sha Zhengyang is still very calm about this. He is not a god and being able to see the direction clearly does not mean that he can solve the technology and management alone.

After all, Wanzhou Electric Appliance Factory has survived for so many years. Rose brand washing machines were once quite famous in Han, Shaanxi, Henan, Hubei and Gansu provinces, and once occupied a certain market. In recent years, if Sanyo can be technical and management, or even brand authorized, and then expand the original sales channels of Wanzhou Electric Appliance Factory again, it may be impossible to break out a path.

Qu Xiaowei looked at Sha Zhengyang. She realized that Sha Zhengyang had already had a firm view on this matter, and she also had a rough understanding of Sha Zhengyang's character. It was difficult to change the decision, so she no longer advised: "What should we do now?"

"Actively contacting Sanyo, the past two years should be the period of rapid expansion of Sanyo Motors in China. They have a big appetite. I believe that if we can give them an opportunity to expand the vast market in the central and western regions, Sanyo will not refuse." Sha Zhengyang said.

"But the premise is that our conditions must be more in line with their expectations." Qu Xiaowei continued.

"Of course, it's better to make it clear during contact. If it weren't for the restructuring of the enterprise, there wouldn't be their chance. I hope they will seize it." Sha Zhengyang nodded, "You can presumably assume that Dongfanghong Group has agreed to invest and invest, first arouse their interests, and confirm that they have this intention, and I will communicate with Dongfanghong."

"Have you reported this situation with Secretary Lin, Mayor Feng, Secretary Zhong, and Mayor Qian?" Qu Xiaowei hesitated for a moment. She was worried that Sha Zhengyang was too brave and had too fierce steps. Wanzhou Electrical Appliance Factory had more than 2,000 employees, which was of great importance.

Sha Zhengyang was stunned and laughed, "Thank you Director Qu for your reminder. Why didn't I report this kind of thing to the leader in advance? Secretary Lin and Secretary Zhong have reported it a few times long ago. Mayor Feng and Mayor Qian also know that Mayor Qian is still very interested, and even more interested in the restructuring of the electric fan factory."

"That's good." Qu Xiaowei breathed a sigh of relief and subconsciously stroked his plump breasts.

Sha Zhengyang is too young, she is really afraid that the other party will not be able to understand the current affairs and ignores some minor details.
Chapter completed!
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