In the afternoon, it was the time for the Hong Kong Stock Exchange to review the merger and acquisition of Clares Le.

The review of the Stock Exchange should only be reviewed for whether it is legal; but since Claresle has factories engaged in the defense and aerospace industries, it has to go through a parliament to decide whether to allow mergers and acquisitions.

In fact, Long Jianhua is not interested in the production of M-1 tanks, but he is still interested in the aerospace industry because he wants to build aircraft in the future.

When Long Jianhua arrived at the conference hall of the Stock Exchange, he was only five minutes away from the start of the inquiry. He could sit in the hall with 200 people, and there were only nine empty people.

He took Wang Kejian directly to the podium, stood behind the podium and briefly introduced Chongshi Group, and then briefly described why it acquired Corles Le.

A member of the parliamentary economic field asked first, "Mr. Long, according to your introduction, your company is headquartered in Xiangdao, has companies in China, and in Europe."

"You know, Claresle has M-1 tank production. Will you bring this tank technology back to China? Also, the company has quite advanced communication technology. Will you sell or license this technology to China?"

After he finished speaking, Long Jianhua smiled slightly, "Sorry, because my English level is not enough to fully understand what you mean, I need to translate it."

Yuwen Xing, who was sitting below, was stunned for a moment and scolded him for being shameless.

The writing and teaching of various management books is used in English throughout the entire process, and the trip to Europe is also used in English to communicate. Now, I say that I can’t fully understand what others mean, I’m a fool!

The MP just shrugged and didn't say much, but the other participants began to communicate in a low voice.

Wang Kejian didn't care about this, and he honestly started translating.

After listening to Wang Kejian's translation, Long Jianhua said lightly, "I don't actually want to take over the M-1; if possible, I'm willing to sell it. I'm a peace-loving person and I'm not interested in such military weapons... To be precise, I'm not interested at all."

"In our Chongshi Group's development strategy, there has never been an option for military weapons..."

A white female in her sixties stood up and interrupted him, "I say bluntly, I don't trust you Chongshi Group very much, because you were once ready to export sensitive technology to China."

After Wang Kejian finished translating, Long Jianhua stared at her and said, "Ms., Xiangdao is a land of rule of law, and I think the United States is too. We have always taken the reincarnation of the law as our mission, and have never done anything that violates Xiangdao's laws and European laws."

"You said we are going to think that China is going to export sensitive technology, and I want to point out two points. First, prepare for export, that is, there is no export, and preparation does not mean that it needs to be implemented; second, I would like to ask, what are the sensitive technology we have been preparing to export."

The woman said slowly, "Digital photography."

Long Jianhua raised his finger and shook his eyes, "We have never been ready to export digital photography technology. Indeed, we have had the idea of ​​exporting cameras to them. But now we have not produced cameras because of technical problems."

"I want to add that China has cameras themselves, and general products cannot open up their market. I think that in such occasions, we should speak about facts, not just guessing."

"The reason why Chongshi Group wants to acquire Claresle is to improve its product structure and does not involve the rest. Our Chongshi Group has always taken the responsibility of abide by the laws and regulations of various countries. We will not carry out any export of products or technologies that violate the laws and regulations."

He has always insisted on this point, just to beware of such problems; so when he encounters such questions today, he is confident, not to mention that there is the mess that Collesle is in.

A black congressman asked, “What are you going to do with communications companies?”

Long Jianhua said decisively, "Communications is one of the directions of Chongshi Group's future development, and we will increase our efforts to develop."

The black man continued to ask, "That can be used for military purposes as well."

Long Jianhua responded indifferently, "If the US government does not want me to take over this company, my Chongshi Group can also sell it."

"Our acquisition focus is on the automotive field and does not care about the rest. But if we only acquire the automotive field, given the huge losses in this area, our acquisition price will be greatly reduced; at the same time, the debt sharing needs to be reconsidered."

The first councillor who asked the question looked at him, "Then imagine, if Chongshi Group only acquired the automotive field, how much money would you be willing to spend?"

Long Jianhua smiled, raised a finger, and said slowly, "100 million US dollars."

Then he said expressionlessly, "This is the price after divesting losses in the loss-making fields such as steel companies."

Yuwen Xing rubbed his face.

It's messy, it's totally messy.

What's the offer?

The MP was obviously shocked by his offer and was stunned for a while and asked, "Why?"

Long Jianhua said indifferently, "We estimated that the discount of assets in the Corles Le Automobile field was only US$1.96 billion, and its shared debt was as high as 2.8 billion, which is a serious insolvency."

"In the current automobile market, good brands and good products are emerging one after another; if we didn't like its market channels and brands, we wouldn't have bought it at all."

As soon as several data were released, the people who came to question were speechless. They all knew about this situation; but after he said it, the shock to them was even more obvious.

Long Jianhua didn't say much.

People who have reached this level are all thousand-year-old old foxes - they have become spirits.

After a minute or two, the MP said, "I admire you for having so much information."

Long Jianhua shook his head, "We are economic people, making money is our purpose. Since the plan to acquire Clares, we have collected relevant data through public newspapers, magazines, TV news, etc.."

The white woman seemed to have just reacted, "No! Clares Le not only has brand and market channels, but also employees and technology."

Long Jianhua sneered, "This lady, there are employees and skills, but how much is it worth? It's an economic crisis, and employees are everywhere and can be recruited in large quantities at any time; as for technology, if it's really that strong, there won't be such a big loss, and the loss will be more than a year."

The nine people's faces were not good-looking.

But the woman refused to give up. "This year, Clares' losses will be significantly reduced and are expected to remain the same next year."

Long Jianhua shook his head, "I don't think so. Now that the economic crisis has not passed, their Model K is not as good as expected."

"Even if it can remain flat next year, there is still 2.8 billion in debt there. When will it really be flat?"
Chapter completed!