Chapter 430
Su Can asked Yang Daqian to look for news about the Chu family. Some time ago, he flew to Ouzhou to use his connections there to find out.
Now a month or two has passed, and things have taken shape.
Now he's back.....
Then naturally we also found out the news about the Chu family.....
"Da da!!"
Soon, after Zhong Mingqiang's footsteps disappeared, there was another burst of footsteps, and he slowly came to Su Can's side.
"came back!!"
Su Can opened his eyes lightly and saw Yang Daqian standing in front of him.
"Boss, yes, I am back from Europe. Yang
Daqian looked at Su Can and said with slight excitement in his eyes.
Su Can pointed to a small chair next to him and said,"Sit down and slowly talk about what the situation is like over there.""
"thank you boss!!"
Yang Daqian thanked him, sat down, looked at Su Can and said:"Boss, what you asked me to investigate, fortunately I lived up to my command and finally found out."
"Um! Talk about it....."
Su Can looked at the fishing rod and looked along the tail end of the fishing rod. Su Can's eyes were sharp.You can see white lines falling into the water.
Yang Daqian said seriously:"There is indeed a company in Ouzhou called Chu Group. It is in France. It is a big company and its market value is definitely not low."
"This company mainly focuses on machine tools and has a certain amount of business all over the world. According to the U.S. dollar exchange rate, its market value was more than 300 million U.S. dollars at its peak."
Three hundred million U.S. dollars.....
Su Can was slightly surprised when he heard Yang Daqian's words.
Unexpectedly, the Chu family's development in Ouzhou has become so big, with a market value of 300 million US dollars.
No wonder, the official took action and personally invited me back...
However, the Chu family did not show up in the previous life, which made Su Can feel confused, so he asked Yang Daqian to investigate the affairs of the Chu family.
That’s why Yang Daqian’s trip to Ouzhou.....
Because Ouzhou Huatong Patent Company acquired the original automobile factory and had a relationship with Ericsson.
So it’s very convenient to check.....
Otherwise, in this age without the Internet, it would be really difficult to find out such a thing.
"This company has been established for decades. It was founded in 1950. It was originally just a small and inconspicuous company. However, it suddenly expanded ten years ago, and its market value continued to increase with the expansion. Now it has become A $300 million company."
Yang Daqian went on to say
"ten years ago....."
Su Can's eyes narrowed slightly. Ten years ago, the old man of the Chu family passed away, and then the whole family went abroad.
It was at that time that the company began to grow......
The timeline is aligned
"By the way, the highest market value is 300 million US dollars, which means that now is not the highest period, but it is falling."
Su Can's mind suddenly lit up and he heard the loopholes in Yang Daqian's words.
"Forehead!! That's right!!"
Yang Daqian nodded.
"what happened? Su
Can asked.
Yang Daqian said:"This valuation is the valuation of the Chu Group three years ago. Among them, a large European company wants to acquire the Chu Group. The valuation given is very high." The price is high, but the Chu Group did not agree to the acquisition."
"But that company did not give up, and the two sides competed. Although the Chu Group survived, it suffered heavy losses."
"At that time, a lot of the company's business had been snatched away, and the market value had been reduced by at least one percent. Although the Chu Group would not go bankrupt, it was still severely damaged."
"Forehead!!"
Su Can frowned slightly.
That's how it is in business. If a group more powerful than his own enters this industry, either the original group will be acquired or compete with the other party.
Although the Chu Group has 300 million U.S. dollars , The market value, but compared with the other party, is obviously not as wealthy as others.
In this way, it is normal for the Chu Group to be severely damaged......
"At that time, their market value had dropped by more than half, and they had also lost a lot of their market share."Yang Daqian continued
"In the past three years, due to the rapid economic development of the island country, the enterprises in other island countries have also developed."
"Among them, their machine tool technology is becoming more and more advanced. In addition, the price of machine tools in the island country is much cheaper than that in Europe. Now the entire market around the world, especially the mid-to-low-end market, is being dominated by the machine tools in the island country. The machine tool has seized"
"At the high-end, it is not as good as others, and at the mid- to low-end, the price is much higher than that of companies in the island country."
"In the past few years, their company's market value has fallen again and again, and now it has fallen below 100 million US dollars."
"Less than US$100 million....."After hearing Yang Daqian's words, Su Can sighed slightly. This situation is particularly common in this era.
Especially some companies in Europe and the United States, because of the rapid rise of island countries, have seized many industrial markets around the world at low prices.
Therefore, many European and American companies are going bankrupt at this time......
Especially car companies....
For example, the European car company that Su Can and the others acquired was taken away by the island's automobile industry because of its market share.
Without the market, it will naturally go bankrupt and be sold.....
This impact is not only felt now, but also in the next few decades, all car companies around the world, except Huaxia, will be affected by this.
This is true even in the 21st century. At that time, even some traditional car companies in the United States went bankrupt.
Some of them would have gone bankrupt if they hadn't relied on the Chinese market.
The same is true for the machine tool industry. It is impacted by the low prices of the islanders. How can the expensive machine tools of Europe be a rival!!
The same is true for the Chu Group....
"Now, I heard that the Chinese in Xiangjiang have received great convenience from investing in the mainland. The Chu Group has received an official invitation and is preparing to return to the country to invest."Yang Daqian went on to say that he thought Su Can didn't know about this!
He told all the latest trends of the Chu Group.......
However, this sentence contains the information Su Can wants.
"I see....."
Su Can closed his eyes and whispered.
I see?
Hearing Su Can's words, Yang Daqian was slightly startled and felt a little confused. What did the boss mean by this?
What turned out to be so?
However, seeing Su Can's expression, as if he was thinking about something, Yang Daqian immediately shut his mouth very smartly, asking nothing or saying anything.
Waiting for Su Can to come to his senses..
"It turned out that it was the butterfly effect caused by the flapping wings of my own butterfly that attracted the Chu family back to the country!!"Su Can took a deep breath and whispered slowly:"No wonder, according to the context of the previous life, there is no news about the Chu family."
"Or maybe the Chu family wanted to go back but didn't have the ability to do so!!" ps please subscribe please subscribe
