"Mr. Zhao, welcome to Qindao City."

"You are so polite, Governor Zhou. I am really honored to have you take the time to pick me up at the airport in person despite your busy schedule."

"Mr. Zhao, you are too polite. Mr. Zhao, you have come a long way. I have arranged meals for you. Why don't we go eat first and then go to Haier Company in the afternoon?"

If it had happened yesterday, Zhao Hongjie would have given this face to Prefect Zhou, but today he let it go.

"I'm sorry, Governor Zhou. I was supposed to stay here for two days, but due to some changes, I have to fly to Sichuan in the evening, so let's go to Haier first."

"Didn't you say that we would also inspect your company's enterprise in Qindao City? Why are you in such a hurry?"

"There's no other way. Some unexpected changes occurred, so if possible, let's go to Haier Company now."

Governor Zhou was stunned. Shouldn't he first inspect the Honor Mall in Qindao City today? If he went to Haier now, he didn't know whether the banners were hung or not, and whether the company's leaders and employees were prepared.

Moreover, the Qindao government had originally planned to take advantage of these two days to see if it could attract some other investment, but now it seems that is no longer possible.

"Why, can't we go now?"

"No," Prefect Zhou quickly smiled and said, "Mr. Zhao is here to inspect, there is nothing that we can't do."

Inviting Zhao Hongjie to get in the car, Governor Zhou quickly winked at his secretary.

The secretary was also very understanding. After getting on another car, he took out his cell phone and called Haier CEO Zhang Ruimin to inform him of the change of plans.

Haier: When the delegation arrived, Haier's top executive Zhang Ruimin was already standing at the door with many senior executives to welcome them.

Zhang Ruimin was determined to get the support plan for Honor Mall, as he understood very well that this was an opportunity for Haier to take off.

The people of Rabbit may not understand what the Far East Group represents in the world, but Zhang Ruimin does.

Look at the Arctic Ocean, look at Jianlibao, and finally look at Tsingtao Beer.

Haier also wanted to be like them, so it made a lot of preparations for this inspection.

"Governor Zhou, President Zhao, welcome to Haier for our guidance and inspection."

"Mr. Zhang is too modest. Your Haier is now well-known in the rabbit market, and it is developing better and better under the leadership of Mr. Zhang."

Zhao Hongjie said this not out of politeness, but because he admired Zhang Ruimin after reading Haier's information.

Haier's predecessor was the Qindao Refrigerator Factory. In 1984, the company was facing a loss of 147 million yuan. Who could lead the refrigerator factory out of the predicament became the key.

When 34-year-old Zhang Ruimin was sent to serve as factory director, he was the fourth factory director sent within a year.

Originally, people thought that he would be like the previous three factory managers who would do nothing and leave in anger. However, he issued 13 regulations right at the start, which also opened the way for modern management for Haier.

In 1985, a friend came to Zhang Ruimin to buy a refrigerator, but Zhang Ruimin found problems with many refrigerators he picked out, and finally had to let his friend reluctantly take one away.

After his friend left, Zhang Ruimin had all the refrigerators in the warehouse checked and found that 76 of them were unqualified and had quality defects.

He called all the employees together and asked them what to do. Most people suggested that these refrigerators would not affect their use and could be sold to employees at a low price.

We don’t know whether the employees wanted to buy refrigerators at a low price, but Zhang Ruimin’s move deeply shocked everyone and also gave Haier a big advertisement.

That means smashing it. Whoever produces it will smash it.

"If I allow these 76 refrigerators to be sold, it means I allow you to produce another 760 of them.

For a long time, we have had an absurd idea, that is, to sell qualified and good products to foreigners, and sell inferior and defective products domestically for our own use. Are we only worthy of using defective products? No wonder others look down on us.

From now on, Haier's defective products are waste."

Since then, Haier has established a quality system and put forward the slogan "Either don't do it, or do it best."

In 1988, Haier won the first national quality gold medal in the Rabbit refrigerator industry, and the Haier brand has since become a famous refrigerator brand.

Last year, Haier's revenue was 7.24 million yuan and its profit reached 3118 million yuan.

Also last year, Haier acquired the Qindao refrigerator factory and the air conditioner factory, taking the first step in its diversification strategy.

These are all Zhang Ruimin's achievements. Zhao Hongjie thinks that if he were in Zhang Ruimin's shoes, he would not have done better than him, so he admires him.

"I heard that Mr. Zhang is planning to take out a loan to buy a large piece of land in Qindao City's High-tech Industrial Park to build the country's largest home appliance production base, Haier Industrial Park?"

"That's right, I didn't expect that Mr. Zhao knows so much about Haier."

After visiting Haier, everyone came to the conference room.

In fact, there was nothing to visit for Zhao Hongjie. He knew all about Haier's situation. What he valued was Zhang Ruimin as a person, and what he invested in was also Zhang Ruimin as a person.

“Yes, it is estimated to be 720 acres of land.

In addition to refrigerators and freezers, we are also developing split air conditioners, cabinet air conditioners and drum washing machines. "

Zhao Hongjie asked, "What about the technology? Do we develop it ourselves or buy it from abroad?"

Self-research and development takes time, and you can’t buy the latest technology from abroad. It consumes a lot of money and requires a lot of investment to improve the technology.

"Neither, or you can say both."

Zhang Ruimin explained, “In the past few years, many domestic factories have introduced backward production technologies and production lines from abroad, and many of these factories have been unable to survive due to poor management.

According to the current policy, we can acquire these factories at extremely low prices and only need to assume their debts.

This idea made Zhao Hongjie's eyes light up, as it exactly coincided with his own idea.

Then Zhao Hongjie asked his assistant to bring a briefcase, took out a document from it and expressed his thoughts.

"It seems that Mr. Zhao and Haier are a match made in heaven. They even have the same ideas."

Prefect Zhou made appropriate moves to bring the deal together, determined to secure the investment.

Zhao Hongjie did not hesitate and turned to Governor Zhou and asked, "I wonder how many shares Honor Mall can get through the cooperation with Haier, and what is Haier's valuation?"

"If we inject capital, we will do it in a 50:50 ratio. As for the valuation?"

Now Prefect Zhou didn't know how to answer, so he looked at Zhang Ruimin.

"HKD 7 million, all foreign currency investment, Honor Mall also needs to help Haier successfully list in Hong Kong."

7 million Hong Kong dollars is about 4.8 million RMB according to the current exchange rate. The price-earnings ratio of more than ten times is very high in Rabbit today.

The price Zhang Ruimin called out surprised even Prefect Zhou and other officials present, with Prefect Zhou frequently winking at Zhang Ruimin.

Seeing that Zhang Ruimin was indifferent, Governor Zhou was ready to speak. He didn't want to ruin this cooperation because of the high price.

But before he could open his mouth, Zhao Hongjie agreed first.

"There is no problem with the valuation of HK$7 million, and there is no problem with the full Hong Kong dollar capital injection, but I have a request."

"Please speak, Mr. Zhao."

"The employee bonus pool cannot dilute the shares of Honor Mall, and the upper limit is 15%."

Zhao Hongjie is trying to become a major shareholder of Haier in disguise. Once the two parties complete the negotiations, Haier will have to inject 15% of its shares into the employee bonus pool, leaving only 35% of the shares.

"Okay, I agree." This time Zhang Ruimin was very happy and agreed immediately.

The issue he needs to consider is not who has more shares. What he needs to consider is to bring Haier to a new height and compete with big foreign brands.

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