Chapter 145 Let's Celebrate the Victory(1/2)
Chapter 145 Celebrate your victory
Author: September Sauce
Chapter 145 Celebrate your victory
"What do you mean? They're not willing to deliver a full version of the model yet?"
Forbes asked dissatisfiedly in Kuchma's office at Motorsic Factory.
"This is indeed true. According to their feedback, the first batch of technical personnel we supported have not completed their work as agreed in the contract. Simply put, the KPI has not been achieved."
"So, it's normal that they don't want to deliver the model."
"But at the same time, after communicating with their business interface, they also gave me an additional solution."
"If we are willing to sell some shares, they can share the technology of this part of the model through technology shares."
"Technology investment?"
Forbes frowned and then continued:
"Kuchma, you know, the Motor Sich Factory does not belong to you alone, nor does it belong to you alone."
"We have used various means to inject capital into you in the early stage, and now we hold more than 26% of the shares. If we want to make such a major equity change, we must obtain our consent-that is, the consent of the May meeting."
"I totally understand."
Kuchma nodded, feeling a little dissatisfied.
Previously, in order to gain access to the Western market and the advanced technology held by the other party, they agreed to the US's equity acquisition requirements.
The other party has already controlled a large amount of equity in Motorsic through a white-glove approach.
But the problem is that what they provide is only funds.
None of the market, manpower, and technology promised before were in place.
Are you kidding me?
Is Motorsic short of money now?
Not only the orders from Russia, China, India, and the Middle East are also rising, the annual revenue is even higher than before leaving the alliance. Do we really need your funds?
Don’t you know what we want?
If you can't give it, don't stop us from asking others for it.
Now the Chinese people have a technology that can almost change the development path of the entire Motor Sich. All they need to do is to transfer a part of the equity.
Moreover, not only the thermoset property model, but also the recent progress made by the other party in the field of aerospace engineering is obvious to all. Cooperating with them is not much better than cooperating with you?
Therefore, after hearing Forbes' slightly threatening tone, his first reaction was to resist.
Seemingly noticing his expression, Forbes' tone softened:
"Kuchma, my friend."
"The strategy of selling equity is not completely unfeasible, but we have to evaluate the risks."
"Think about it carefully. If you really use your equity to exchange models with them, can you guarantee that they will do their best to cooperate with you?"
"You know the character of Chinese people."
"They will only consider their own interests, and when they have the opportunity to take advantage, they will never show mercy."
"But they have no choice."
Kuchma interrupted Forbes and continued:
"This model must rely on a large amount of sample data to run, and what they lack most is data."
"The model is of no use in their hands. They either cooperate with us or lock the model in a safe and wait for more than ten years to accumulate enough data before taking it out for use."
"I think their choice is very clear - it can be seen from their attitude."
"What they ask for is not complete control, but just using equity as a link to deepen our cooperation."
Hearing this, Forbes nodded slowly.
"So, you have made a decision?"
"No, not yet. We must retain absolute controlling rights, so if we want to achieve this cooperation, we must reduce the shares of May Club. This is also the purpose of me coming to you."
Compared with previous meetings, Kuchma performed more strongly this time.
This is a matter of course, because now they have enough chips in their hands.
Although this "chip" was not created by Motorsic, it can only be transferred through it.
Meeting in May?
If you want to get the technology in the hands of the Chinese, you can only go through us.
Whether to compromise or break up, the choice is theirs.
But no matter what, Motorsic has nothing to lose.
After all, the funds for the May meeting have been obtained, and in the previous transaction with Dongqi, in addition to the model as an additional condition, they have also received consideration support including funds and raw materials.
Feeling confident refers to Kuchma's current state.
If he takes a step forward, Forbes will have to take a step back.
Thinking of this, Forbes sighed and said:
"Okay, I will report it to my superiors."
"This model is very important. I just hope that you will stay calm before the final decision is made."
"Otherwise, all our early efforts will be in vain."
On the other side, in the hotel room.
Meng Qinghao looked at the latest progress report sent from China, nodded with satisfaction, and drank the cup of Tieguanyin that was so strong that it became bitter.
"It's not bad. The country has started so quickly. It is estimated that it will be on the right track in another two weeks. By then, it will be time for us to have a showdown with Motor Sich."
Peng Hui hummed and added:
"But judging from the current situation, the benefits we can obtain are not big enough - 230 technicians, a batch of equipment, that's all."
"Although it can support the smooth progress of the AGT110 project, it is obvious that it cannot achieve our expected goals."
"You know, our goal is to eat the entire Motor Sich."
"I have received news that UKR is likely to update the exclusion list in the next two or three years and list a list of companies that are prohibited from sale and foreign ownership."
"Motor Sich Factory will definitely be on this list."
"So, this is our only chance and our last chance."
"Where did the news come from?"
Meng Qinghao asked curiously.
"Spark Working Group."
"Starfire Working Group? Are you kidding me?"
"They have no experience in UKR and no permanent staff. Where did they get such sensitive information?"
Seeing Meng Qinghao's surprised expression, Peng Hui spread his hands helplessly and replied:
"I have asked this question, but the answer they gave me is: Don't ask, don't ask."
"In short, the credibility of this information is relatively high. Based on my understanding of UKR, they do have this tendency."
"Moreover, various departments of UKR are indeed preparing for this. The recent frequent equity changes in several large companies are preparations for this."
Meng Qinghao put down his cup thoughtfully, sighed and said:
"It's unimaginable! This Spark working group is so mysterious. They have done so many things in such a short period of time."
"Okay, anyway, since it's an order from our superiors, let's just follow it."
"Tell me about the follow-up plan."
The two of them left the sofa and came to the desk. Meng Qinghao took out the plan he had written long ago and said:
"Our first goal is to obtain equity, achieve a holding of more than 20%, and be assigned a board seat."
"Subsequently, we will use this model as poison bait to launch a poison pill plan to induce Motor Sic to launch new projects."
"This must be a huge loss-making project. Through this project, we will completely drain their cash flow."
"In order to support this, we need further assistance from the outside."
"Over in Russia, our people can move."
"You understand the situation in Keshi Mier."
"I see."
Peng Hui nodded and answered.
To be continued...