v3 Chapter 1177： Improve the automotive industry system (large (1/2)
”A Yu, here comes, come in.”
In front of the Bao family mansion, after Xia Yu's car entered, Bao Yugang, who was notified, came out with Huo Yingdong to greet Xia Yu.
”It seems that I am the last to arrive again. I have kept you waiting.”
Xia Yu said with a smile.
”What's the matter? It's the end of the year. I need to see various financial reports and various meetings. I feel dizzy every day.”
”Your company is much more than the two of us, understand.”
Bao Yugang laughed loudly, and took the initiative to explain Xia Yu.
Huo Yingdong smiled and nodded and shouted: ”Old Bao is right.”
”Let's go, let's go in and say.”
……
There were talks and laughs. The three of them entered the living room and sat down, drinking tea and chatting before dinner.
Of course, I said it was small talk, but in fact the topic mainly revolved around Xia Yu.
”Ayu, your Tiangong Automobile has soared to the Chinese people. We at Xiangjiang are finally going to launch a world-class automobile company!”
”Yes, at the Geneva International Auto Show, two billion U.S. dollars worth of orders were received. This year is just the beginning. For the whole year this year, Tiangong Automobile's sales have exceeded 10 billion U.S. dollars!”
”According to this development trend, Tiangong Automobile Group will become the largest company in Xiangjiang next year.”
”……”
You and me, congratulate Xia Yu on the achievements of Tiangong Automobile Group, and be happy for Xia Yu.
Xia Yu smiled helplessly: ”Lao Bao, Lao Huo, you are so flattering, I'm going to float to the sky.”
”Tiangong Automobile Group still has a long way to go. Xiangjiang's automobile industry system is too thin. It is difficult for Tiangong Automobile Group to thrive in Xiangjiang!”
”You may not have paid attention to the fact that the island country produced more than 11.5 million automobiles last year, accounting for more than 30% of the world's total automobile production, ranking first in the world.”
”My Tiangong Automobile Group cannot even enter the top ten in an island country, let alone Xiangjiang's automobile industry chain.”
Speaking of this, Xia Yu is very helpless, because this is the status quo of Xiangjiang.
It can be said that the existing automobile industry system of Heung Kong is basically built by him.
Since the establishment of the Yuen Long Science and Technology Industrial Park in May of the previous year, in addition to the establishment of Tiangong Automobile Group, Rolls-Royce Motor Group also invested and set up factories here.
In addition, many auto parts companies under the Rolls-Royce Motor Group such as Magna International Co., Ltd. of Canada and TI Automotive Systems have also come to Xiangjiang to open factories to support the production of the two auto companies.
However, the Rolls-Royce Motor Group cannot achieve the world's leading position in every field of auto parts, so it needs to purchase parts from other companies and ship them to Xiangjiang for car assembly production.
This invisibly increases transportation costs.
Of course, fortunately, there are no tariffs on Xiangjiang. Therefore, the cost of import taxes on auto parts and the cost of tariffs on vehicle exports can be omitted to enable Tiangong Automobile Group to maintain a sufficiently high profit margin.
But anyway, it is too much trouble to import parts and components from other countries and then transport them.
But now that Tiangong Automobile Group is well-known, auto parts manufacturers from other countries will definitely come to Yuen Long Science and Technology Industrial Park to open branches, but to achieve a sufficiently strong cluster effect, sufficient manpower and material resources are needed. Xia Yu didn't want to waste time waiting.
Seeing Xia Yu's helpless expression, after Bao Yugang and Huo Yingdong looked at each other, Bao Yugang looked solemn and solemnly said: ”A Yu, I invite you over tonight, just to tell you about this. ”
Xia Yu was taken aback, looked at Bao Yugang and Huo Yingdong, also sat up straight, and said straightly: ”Old Bao, Lao Huo, you might as well speak straight.”
Because Bao Yugang and Huo Yingdong really only congratulated him a few days ago and didn't ask anything else, he did not guess the purpose of the party tonight.
Now that I heard it suddenly, Xia Yu suddenly became interested.
Bao Yugang did not hide, and said: ”A Yu, since we have been working together to suppress the real estate market, I have been thinking about the future development direction.”
”Then the year before last, you put forward the strategic leading industry development direction of ‘one big core, six pillars’, then I had a clearer idea.”
”Especially last year, I also got involved in the financial industry, machinery manufacturing industry, trading industry and biopharmaceutical industry, and invested a lot of money.”
”It's just the machinery manufacturing industry, not the automotive industry.”
”The automobile industry has a huge system. As far as vehicle manufacturing is concerned, I can't play well, and I don't have this skill. It is enough for Xiangjiang to have Tiangong Automobile Group.”
”But I have specifically learned that auto parts include thousands of different parts ranging from chassis to screws, and the entire automotive manufacturing industry chain is very long.”
”The main assemblies such as the engine, transmission, axles, and body are manufactured by the automobile manufacturers themselves, but there are also specialized companies that produce tires, glass, electrical appliances, body interior parts, and other small parts.”
”I just want to ask, Lao Huo and I are suitable for entering the field of auto parts production? Do you have any plans in this regard?”
Bao Yugang just finished speaking, Xia Yu said without hesitation: ”Of course it fits.”
”Lao Bao, Lao Huo, you don't have to have any scruples. It doesn't matter if you want to enter the vehicle production field. How big the Xiangjiang Automobile market can be. The main competition is external. I am not so stingy.”