Realize the integration of parts Gu Chujun automobile industry mergers and acquisitions to go abroad


Gu Chujun made public appearances in Beijing for the first time since the dispute between Lang Gu and Gu. Our reporter Wang Xie has been in the South Korea campaign for the refrigerator industry for the past two years. He eventually wears the "top-of-the-world refrigerator capacity" top hat, and Greencool recently once again danced the "integration" stick. However, this acquisition was from the refrigerator. Turned to the car. Yesterday, Greencool held a press conference in Beijing. The Chairman of the Board of Directors of the company, Gu Chujun, is pleased to announce that the integration of Greencool refrigerators has been basically completed and that air-conditioning integration will take time. During this time, the company acquired two European companies through its overseas subsidiary GRCcapital. Automotive design companies and accessories companies, and remarked that he Gumou someone to contribute to the prestige of the Chinese bus and auto parts in the world market. Winning two European companies on November 25, Beijing Kunlun Hotel. Gu Chujun, who had made public appearances in Beijing for the first time after the Lang Gu dispute, answered the topic of the Lang Gu dispute lightly and was pleased to announce that the company acquired two European auto companies through its overseas subsidiary GRCcapital. According to reports, one of the two companies is a subsidiary of the world-famous auto parts manufacturer Tom Kens, Gates International's automotive pipe fittings factory in 芮atz, France. Its main customer is the French Peugeot Citroen. The factory has 284 employees. In accordance with local regulations, Greencool must be fully received. As to whether the company is losing money, Greencool refused to disclose. It is reported that Gates International is the world's largest manufacturer of drive belts, of which the automotive pipe fittings business accounts for approximately 25%. Since 2002, Gates International has decided to withdraw from the automotive pipe fittings industry: Closing the production plant in St. Gerst, Spain, and transferring The factory in Ignac, France. At the same time, Greencool's income was a British automotive design company named the Reddad Product Development Corporation (LPD). LPD was formerly the research and development department of the British car giant Reid Motors (trucks, buses, and road passenger cars). Last year's design orders reached 300,000 pounds. Supporting Yaxing to pursue Volvo's "These acquisitions were completed on the 18th and the 21st respectively." Yesterday, Lin Keke, Vice President of Greencool Investment and Tan Weihong, General Manager of Yaxing Corporation, said that through this acquisition, Greencool is not only an overnight. It has the qualifications for the supply of auto parts for the world's major automakers, and it has rapidly shortened the huge gap between Chinese companies and the world's auto giants in passenger car design technology. Lin Ke and Tan Weihong are Gu Chujun’s men and they directly participated in this acquisition. Gu Chujun told reporters that the acquisition of European auto companies began after Greenkell succeeded in acquiring Yaxing. Gu Chujun said that Yaxing must catch up with Volvo. Instead of buying one or two patents, it will be able to solve the problem. It must integrate international car companies to support it. Subsequently, Greencool began searching for available targets in Europe and North America. The acquisition of British LPD, 100% for Yaxing, is also to Gu Chujun's bus dream. At the same time, the acquisition of the plant in Quwaz, France, includes Gates International’s permanent use of 11 patents on automotive pipe fittings, and Gates International’s patent on automotive pipe fittings has a high commercial value. Under the acquisition agreement, Gates authorized Greencool to use these patents permanently in France and China. In addition, after Greencool took over the plant in France, the company successfully retained the large customer Peugeot Citroen. Speaking of the issue of "money" such as purchase price and source of funds, Gu Chujun laughed as usual. Gu Chujun explained that Greencool and the two companies have signed corresponding confidentiality agreements and the amount cannot be disclosed. Subsequently, he added that there is no suspected misappropriation, embezzlement, or misappropriation of state-owned assets in China. Car acquisition will also continue this cross-border M&A in the automotive sector. Greenkell is another major move following the acquisition of Jiangsu Yaxing Bus in December last year and the purchase of the ST axle in April of this year. Gu Chujun said: Greencool can not stop in the acquisition of auto parts, not only to continue to acquire European and American companies, but also will integrate the restructuring of domestic auto parts machine production line. As for how to coordinate the relationship between the domestic appliance and automobile fields Greenkell has entered at present, Gu Chujun said that the integration of Greencool's refrigerator has been basically completed, and the integration of air conditioners still needs time. In this time, he GuMou People should do something for Chinese buses. According to reports, for the building of the automotive industry, Greencool has not drawn any senior executives and funds from the refrigerator industry, and there is little commonality between the two industries of household appliances and automobiles, so the two industry chains will not implicate each other. It is reported that Gu Chujun recently visited 150 auto parts factories in China, but the scale of auto parts factories he saw was very small. The output value hovered between one billion and five billion, and the equipment was obsolete and could not enter the world auto parts market. Gu Chujun believes that these companies are waiting for the merger of foreign companies with technology. Gu Chujun’s choice of integration was first followed by foreign capital in China and then combined the two. For example, the acquisition of the axle company in Europe will have a big move in the Chinese axle industry. It seems that in order to confirm the above theory, after the completion of the acquisition, Greencool decided to invest an additional 6 million euros in the plant in France to create a global steel pipe fittings R&D base for the Greenclair plant, and establish a large scale in China. The low-cost automotive pipe production base, which was established in 2007 as a passenger car manufacturer with an industrial output value of 100 million euros, sells its products to the world's major car manufacturers. Gu Chujun uses a gap to describe his own opportunity: The price of an Asian Star bus is RMB 150,000, but the price of a similar British brand bus is 150,000 pounds. One pound is 15 yuan, 15 times is the difference. And 15 times the gap means that Greencool has a 15 times chance. ■ The venue highlights press conference was extended 15 minutes At yesterday’s press conference, only 20 minutes of reporter’s question time were originally scheduled, but when the original time was about to end, Gu Chujun suddenly announced an extension until all reporters asked questions of concern. . Gu Chujun said that there were too many people who used to talk bad things about him. This time they made it clear that he would not wake him up in the morning and the secretary would give him a bunch of negative reports. Gu Chujun refuted Lang Xianping Gu Chujun in commenting on the difference between the acquisition of foreign companies and domestic companies, said that foreign acquisitions are a bit simpler, because they would not be afraid to be accused of invading state assets in newspapers. He said that all his acquisitions are very normative, and he hoped that everyone would stand on the side of national interests to talk about problems. Gu Chujun said that he is very worried that the current argument for the loss of state-owned assets will hinder the reform of Chinese state-owned enterprises, and that Chinese state-owned enterprises must be reformed. (Zhang Yan)

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