flstandardbreds Chapter 119
Chapter 119
Chapter 119
It’s a pity that the competition in the automobile market is too fierce.
After very close investigation and analysis, Xu Pingchuan had to give up this idea.
It was not until new energy electric vehicles became popular in China that Xu Pingchuan was moved for the second time!
But at that time, the Xu Group was also in a period of rapid development!
There is simply no way to free up more funds, manpower and material resources to engage in the research, design and production of new energy electric vehicles!
If you insist on doing so, it will only drag down the Xu Group, which is developing at a rapid pace!
As a last resort, Xu Pingchuan had to give up this idea once again!
But wait until the development of Xu Group gradually stabilizes and it is able to free up a certain amount of funds, manpower and material resources to do such a thing.
The official review of the production qualifications of new energy vehicles has become very strict!
The Xu Group tried, but failed!
Now, when Xu Pingchuan heard that he had another chance to fulfill this dream, how could he not be excited?
"It's true! If I use the stocks here for mortgage loans, it will take some time. If I sell them, it may take even longer! The auction is about to start now, and there is no time to free up cash flow." Xu Mo began to explain.
Xu Pingchuan, however, didn't care about Xu Mo's explanation at all. Without Xu Mo's attention, he waved his hand and said excitedly, "Don't worry about the funds! I'll find a way! No matter what, you must get all the shares of this company! Just do it in the name of Xu Group! I'll arrange for a financial team and a legal team to come to you now!"
After saying that, Xu Pingchuan hung up the phone without waiting for Xu Mo's reply.
Looking at the call page that had been hung up, Xu Mo stood there in a daze.
In fact, he didn't have much hope when he called Xu Pingchuan!
After all, the Xu Group's cash flow is not particularly strong.
Otherwise, the normal operation of Xu Group would not have encountered some setbacks because of a small loss of 20 million.
Of course, that's just a special case.
However, after that, in order to support himself, Xu Pingchuan scraped together 500 million yuan from the Xu Group!
He hasn't returned the 500 million to Xu Pingchuan yet!
He called Xu Pingchuan more to tell him about this matter and let him be prepared.
It also made Xu Pingchuan realize that his next step was to enter the domestic new energy electric vehicle field.
Having his father in charge of the Xu Group to help direct and coordinate will make his plan go more smoothly.
But no one expected that Xu Pingchuan actually told them that they didn't need to worry about the funds?
The production qualification for this new energy vehicle would require at least hundreds of millions of dollars!
There is even a high possibility that it will cost three hundred million to five hundred million!
Where could Xu Pingchuan get such a large sum of money?
Shaking his head, Xu Mo stopped thinking about it.
No matter what, the financial team and legal team that Xu Pingchuan will send over soon will be able to help him a lot!
He couldn't handle such a large amount of financial transactions and company equity transactions by himself.
These professionals are needed to operate.
As for the money, he could wait until his stock mortgage loan was approved before paying it.
Anyway, a transaction like this will not be completed in a short time.
By then, as long as we can find a way to delay it for a few days, there shouldn't be many problems.