Reborn, back to a small county town to become a wealthy family

Chapter 711 Retreating to Advance
"President Luo should be aware that the credit cooperative's net assets are not much left, and its current situation is not very good."

He Gaoguan looked at Luo Yang and said, "But the intangible value of that license is very valuable. Some members of the team have suggested that the municipal finance department allocate funds and lead several state-owned banks and commercial banks to participate in the investment, transforming the credit cooperative through capital injection and the introduction of a professional team."

"The city will provide the funding, and then state-owned banks and commercial banks will be brought in as shareholders."

After listening, Luo Yang laughed: "Official He, do you really think there's any hope for credit cooperatives operating like this?"

Knowing there was more to come, the high-ranking official didn't rush to speak.

"Putting everything else aside, how do these restructured credit cooperatives obtain such a large amount of savings?"

Luo Yang asked, "Do you think those state-owned banks and commercial banks are willing to give up their shares just because they have a stake? Or is the city forcing some bureaus and departments to open accounts for their funds in credit cooperatives? With just these, they can barely operate, right?"

"Perhaps what President Luo said is true."

Official He smiled faintly and said, "But when there are multiple options, things often stall, and at least in the short term, a decision cannot be made."

Is there another possibility?

Luo Yang, who had anticipated this suggestion, said, "When the reform plan is put forward for discussion, Official He can fully support others and quickly push for its implementation, so that the credit cooperative can be transformed into a real local commercial bank in the shortest possible time."

"Ok?"

This suggestion was absolutely unexpected by the high-ranking official.

And this isn't the first time it's happened today.

Official He immediately fell into deep thought.

"Is Mr. Luo planning to abandon the acquisition of the credit cooperative and instead activate the alternative plan to establish a new bank in Hong Kong?"

"Establishing a new bank in Hong Kong remains an alternative option."

Luo Yang smiled slightly and said, "Business matters are best resolved through business means. I guess you could say I'm going against the grain."

As soon as he finished speaking, Official He's eyes suddenly brightened.

"Wonderful!"

Given that Official He lacks sufficient motivation to help Luo Yang push forward, and given that other members of the leadership team have other ideas, continuing to entangle themselves with the issue would only lead to the decision to set aside controversial matters and wait and see, as Official He suggested.

Unless Luo Yang can offer attractive benefits to change other people's minds.

But he had already made up his mind to never go down the gray area.

Instead of getting bogged down in it, it's better to go with the flow and let other people's proposals be approved smoothly.

Once the city reaches a consensus, the majority of state-owned shares will withdraw from the credit cooperative, and the subsequent acquisition of the restructured commercial bank will then be a market-driven process.
"President Luo's idea is truly..."

Official He couldn't help but exclaim, "This move of retreating to advance is as unpredictable as a gazelle hanging its horns, leaving no trace."

"No matter how brilliant the idea is, it cannot be separated from the support of high-ranking official He."

Luo Yang humbly replied, "We still need the leadership to act as a catalyst, helping to push forward my plan to acquire the credit cooperative, so that the restructuring can be brought to the table for discussion."

"Hahaha"

He Gaoguan laughed heartily, and while laughing, he pointed at Luo Yang: "I really want to help you with this favor, because I'm very interested to see the expressions on people's faces when the final results are announced."

It seems that He Gaoguan isn't always so agreeable at team member meetings.
"But helping is one thing."

After laughing, the official said seriously, "President Luo, after you acquire the credit cooperative using market means, you can't go back on what you said to me today!"

"Mr. He, I am a native of Yangshi. I have invested in so many businesses in my hometown."

Luo Yang did not answer directly, but instead provided corroborating evidence: "If you just lie and make things up, being criticized behind your back is the least of your worries; you'll even have your ancestors cursed for eighteen generations."

How do you explain the issue of hometown grudges?

Some people don't care; being scolded won't hurt them much. They can just move to another place and live just as freely.

However, in places where traditional values ​​are still well preserved, this intangible thing becomes very important.

The phrases "bringing honor to one's ancestors" and "establishing a separate family genealogy" are not just empty words.

Many people regard these things as their lifelong pursuit.

When Luo Yang brought up his ancestors, He Gaoguan immediately believed him.

"Okay, I'm willing to help push this forward."

He said earnestly to Luo Yang, "You need to come up with a detailed acquisition plan as soon as possible and submit it to me through proper channels."

Luo Yang nodded immediately, indicating that he would do so as soon as possible.

The two then chatted briefly about the matter for a few more minutes. Just when he thought the conversation was about to end, the official suddenly asked about something else.

"You mentioned before that you wanted to enter the new energy vehicle manufacturing industry."

Official He looked at Luo Yang with a smile and said, "Is it possible for the city to secure some investment?"

Sure enough, once this news broke, attracting investment became inevitable.

"Sir, please think about it. Where in the entire core technology industry chain would be suitable to locate in Yang City?"

"Then tell me what the core technologies of new energy vehicles are?"

Official He said calmly, "Just consider this a lesson for me, so that I can also learn about this industry that has become one of the hottest in recent years."

"There are six core technologies in new energy vehicles."

Since the leader seemed interested, Luo Yang explained, "First, let's talk about power battery technology. Batteries are the energy storage devices in new energy vehicles, affecting their range and performance. Currently, battery technologies mainly include lithium-ion batteries, sodium-ion batteries, and hydroxide batteries."

"Power battery technology."

Official He couldn't help but interject, "Isn't your father-in-law, Jiang Yuanshan, doing this kind of thing?"

"Yes, the new energy battery business under Yuanfan Group is in this area."

Luo Yang replied, "Furthermore, we have already established a dedicated new energy power battery company to provide supporting services to Tesla, located in the Minhang High-tech Zone of Shanghai."

"It seems that President Luo is not just talking the talk."

The official exclaimed, "In terms of practical action, they have already begun to plan and make moves."

"Currently, we only have this one piece of technology, and that's only because my father-in-law has a foundation in it."

Luo Yang gave a wry smile and continued his explanation: "Secondly, there's the electric motor drive technology: the electric motor is the power source of new energy vehicles, and its technological level directly affects the vehicle's acceleration performance and energy efficiency. Currently, new energy vehicles mainly use AC motors and DC motors."

"This is to your advantage!"

After listening to this explanation, the official couldn't help but interject again: "In my understanding, the core technology for making cars is engine technology, which is mastered by only a few car-making countries in the world. We've always been a little behind, and now we don't even need engines anymore, isn't that..."

"Overtaking on a curve".

"Yes, overtake on the curve!"

Official He said, "By avoiding engine technology, isn't that like overtaking on a curve?" "We'll still be crushing them in the future."

Luo Yang muttered something to himself, but didn't say it aloud.

"The third is vehicle intelligence technology: the control technology of new energy vehicles includes multiple aspects such as motor control, battery management, and vehicle power control. The development of control technology is directly related to the safety, reliability, and performance stability of new energy vehicles."

If Luo Yang were to develop this technology himself, the investment would be far more than a few hundred million yuan.

He only mentioned it vaguely; to explain it clearly, one would need a professional.

"The fourth is charging technology: Charging technology is an important component of new energy vehicles, and it involves how to charge electric vehicles quickly and effectively."

Seeing that Official He didn't interrupt this time, Luo Yang continued smoothly: "The fifth is the Vehicle Control Unit (VCU): The VCU is responsible for accurately calculating the required motor output torque based on the driver's operations, such as the position of the accelerator pedal, gear selection, and the force of the brake pedal, to ensure the smooth driving of the electric vehicle. At the same time, it also has energy management functions, achieving efficient energy utilization through technologies such as charging while driving and regenerative braking."

He paused here, looking at the high-ranking official.

What catches your eyes?

Even if Luo Yang wanted to develop this area, the investment wouldn't go to Luo Yang City.

"The last one is the Battery Management System (BMS): The BMS acts as the steward of the battery pack. By precisely managing the cells and communicating and exchanging information with the vehicle, the BMS can improve battery utilization, prevent overcharging and over-discharging, thereby extending battery life and monitoring battery status in real time."

"With so many core technologies, can Mr. Luo manage to acquire them all?"

At this point, Official He was no longer concerned about attracting investment.

He found it very daunting. It was such a high-level technology. If he started from scratch, how much money would he need to invest to achieve results?
Building new energy vehicles is not something to be taken lightly.

Without a certain foundation, a massive amount of capital is needed to build it up.
“My father-in-law has a different idea.”

Luo Yang smiled wryly and said, "He believes that as long as we can secure one or two key core technologies, we can outsource the rest and then assemble them ourselves. If we operate according to his wishes, there will be even less room for Yang City to maneuver."

“Even from my layman’s point of view, I think your father-in-law’s suggestion is quite practical and feasible.”

Although He Gaoguan is not an expert in this field, his vision and basic understanding are not low.

He earnestly offered his suggestion: "Now that you have mastered a core technology, if you can master another one through research and development, you can completely outsource the procurement and then assemble it. Isn't that how our domestically produced cars and current domestically produced mobile phones started?"

If we don't have the technology, then we can only outsource the procurement.

When Volkswagen first entered Shanghai, according to our agreement with Volkswagen Germany, we were to achieve 80% localization of vehicle parts within five years. However, in the first year, more than 80% of the parts were imported, leaving only 20% for domestic production.

Even if it was only 20%, Shanghai requested support from higher authorities.

Therefore, the authorities began to conduct a nationwide technical assessment and bidding process among enterprises, and found that even the curved surface technology of a car rearview mirror required further technical breakthroughs.
This is under the premise that our country has a complete range of industrial sectors.

This shows how difficult it is to manufacture cars.

Before the rise of new energy vehicles, our country could only be called a major automobile consumer, not a major automobile manufacturing country.

That's what my father-in-law thinks.

After hearing this, the high-ranking official also felt that this was more appropriate.

Luo Yang couldn't help but start thinking.
"Alright, Mr. Luo, I was just saying. The specifics of how to proceed are up to you to decide."

After the office quieted down, Officer He spoke up: "As for whether Yang City can get a share of the pie, that depends on President Luo's decision."

Saying this means the end of today's conversation.

Coming to his senses, Luo Yang immediately stood up, shook hands with his superior, and said, "I will definitely think about it more. If there is a suitable production link, I will definitely give priority to placing it in my hometown."

"I really need to think about it."

Official He joked, "After listening to your explanation, I still couldn't find a suitable project to invest in Yang City."

Luo Yang smiled, politely asked the leader to stay, and then left the office.

At this point, the high-ranking official He probably didn't realize that if the final assembly could be brought to Yang City, even if it wasn't all of it, but just one of the branch factories, the benefits to his hometown would be far more than just one assembly plant.

Why is Huawei so sought after by investment promotion departments in various regions?
They even went so far as to offer preferential terms that broke through the ceiling.

Its arrival brings not only substantial investment and a wealth of talent, but also attracts numerous suppliers in the industrial chain to invest and build factories in its vicinity.

Similarly, if the final assembly of a new energy vehicle factory is located in Yangshi, many companies in the supply chain are very likely to follow suit and build factories in the surrounding area. If the purchasing party is also more powerful, the consequences will be even more significant.

In Luo Yang's plan, the final assembly plant will definitely be located in the area of ​​the acquired car company.

It will not be placed in Yangshi.

Of course, if the product sales are good and the distance between the assembly plant and Yangshi is suitable, we can consider building a branch plant in our hometown.

With these thoughts in mind, Luo Yang left the government compound.

According to the itinerary, the car will directly switch onto the highway and return to Shanghai overnight.

Starting tomorrow and continuing until the weekend, I'll be working non-stop during the day (finance meetings) and at night (monitoring the US crude oil futures market).

Before getting on the highway, he made a phone call to Jiang Yuanshan.

"Dad, I've come out of Officer He's office."

After Luo Yang answered the phone, he said first, "I'm going straight back to Yang City. I'll be back next weekend."

"How did the chat go?"

Jiang Yuanshan didn't care whether Luo Yang was back in Shanghai or not; he wanted to know what outcome his son-in-law had reached with his superiors.

"Not bad, not bad."

Luo Yang smiled and said, "I followed my heart and did not use the method given by Uncle Tang. Perhaps because of this, Official He was also quite frank and told me a lot of inside information about the credit cooperative. Of course, he also expressed his unwillingness to get involved in this matter."

"So the acquisition is off the table?"

"It's alright, we'll have to see how things go."

Luo Yang then told Jiang Yuanshan about a plan to retreat in order to advance and solve the problem using market mechanisms.

There was sudden silence on the other end of the phone.

"Hey"

Luo Yang thought there was a problem with the signal: "Dad, are you still listening?"

"Looks like I'm really getting old."

After a long pause, Jiang Yuanshan's voice finally came from the other end of the phone: "Yangyang, your method is excellent, really excellent. I feel much more at ease leaving the family business to you and Fanfan."

Luo Yang: "."

Old Deng, don't try to fool me.

Your future assets will only go to my son!

(End of this chapter)