Geely buys Volvo three big suspense odds of winning geometry

Absrtact: In mid-May, Geely has passed its listed company Geely Auto announcement that it has no plans to buy Swedish carmaker Volvo or Saab.　　But yesterday, the industry was again news, "Geely has reached a preliminary intention to buy Volvo," and there is news that "Geely was bought after the Volvo or will be settled in Dongguan, Guangdong." There is a message, although the parties have repeatedly denied, but because of the repeated disclosure of the outside world, people would rather choose to believe that "groundless, not necessarily without reason."　　Obviously, all sorts of rumors and speculations about Geely's acquisition of Volvo belong to this kind. In mid-May, Geely had passed its listed company Geely Auto announcement that it had no plans to buy a Swedish carmaker Volvo or Saab.　　But yesterday, the industry was again news, "Geely has reached a preliminary intention to buy Volvo," and there is news that "Geely was bought after the Volvo or will be settled in Dongguan, Guangdong." Suspense 1, Dongguan, Tianjin are built production base?　　Only Mr Li can uncover his cards! The two vice presidents of Geely Group, including Liu Jinliang and Ziliang, said they were not aware of the issue when they were once again caught in a "marriage" with Volvo. Liu Jinliang is Geely's Hong Kong listed company Geely Automobile director, but also is one of Geely Group core executives. Traditionally, one of the people familiar with the "big deal" deals such as Volvo. Another group of Geely executives, who declined to be named, made it clear that "there is no such thing, they are fired from outside!" "But the question is whether the acquisition of Volvo, the information from Geely is not all" negative. Yesterday, Geely said to reporters at a mid-level, "the company seems to be talking about the acquisition of Volvo, but because the parties involved in the negotiations signed a confidentiality agreement, so we do not know much information!" "The other middle tier is more certain," the company and Ford, Volvo is really talking about acquisitions, and after the acquisition of domestic base may be placed in Dongguan, Guangdong, may also be put in Tianjin, as well as in Dongguan and Tianjin are built production base, so as to build south and North Wo!　　"Of course, more Geely middle-class reporters said they were told that the company bought Volvo mainly through newspapers and networks." Will Geely buy Volvo before Geely's chairman, Li Shufu, unveils his final hole? No one can answer the question.　　Yesterday, in Australia was busy officially take over the world's leading high-end auto transmission supplier D si Li Shufu, apparently also unable to reply to the reporter's inquiries.　　Suspense 2 Hope domestic Volvo settled in the local government to solve the source of funds? According to the public information, Geely Group's current assets value of more than 14 billion yuan, including most of the company's car business, Geely Auto last year net profit of nearly 900 million yuan, plus education and other industries profits, Geely group profit of about 1 billion yuan last year. But over the same period, Geely's total liabilities were more than more than 10 billion yuan, according to Mr. Li's recent implosion. The industry generally believes that the price of domestic companies to buy Volvo, at least 1 billion dollars. From the point of view of financial strength, only by the ability of Geely itself, obviously can not "digest" Volvo. Of course, it is also said that Geely's acquisition of Volvo has been supported by a number of consortia such as BP, and the British Investment Bank of the "Queen" financial advisor of its overseas business, Rothschild, is also willing to look around the world for more private equity firms to help Geely buy Volvo.　　It is noteworthy that at the beginning of this year, Geely won the Everbright Bank 1 billion yuan credit line. There are some optimistic that Geely can buy Volvo, the acquisition of Volvo Geely has no money does not matter, hope the domestic Volvo project to settle in the local government will be the acquisition of funds for Geely. But in fact, it is also one of Geely's big suspense to buy Volvo. Why would these local governments be willing to partner with Geely if local governments were to invest in preferential land policies and funding only to find a partner in Geely to develop a car project?　　Is it better to choose the three major state-owned auto manufacturers in China?　　Suspense 3 Songshan Lake horse A whole vehicle production project, will be Geely Volvo? Geely's acquisition of Volvo Project will soon be settled in Dongguan Songshan Lake Industrial Park, Guangdong, yesterday, Dongguan Songshan Lake CMC Advocacy concerned people to accept this interview, said, "Some time ago is to listen to the leadership said in this cooperation project, now also seems to be talking, but now has not been authorized to disclose more information." According to our correspondent, Geely's acquisition of Volvo Project settled in Songshan Lake Industrial Park, the first source of this year's Dongguan government to speed up the deployment of automobile industry development in Dongguan. According to the relevant deployment, Dongguan not only established the mayor-led Dongguan development of the automotive industry work leading group, but also set up the Dongguan automobile industry City Project Working Group. Moreover, Dongguan Economic and Trade Bureau deputy director Ye Paohua also revealed that Songshan Lake may embark on a vehicle production project, the introduction of a domestic car brand, but also in contact with an internationally renowned auto manufacturer.　　And all this information, almost all points to Geely's acquisition of Volvo settled Songshan Lake. But this reporter was informed yesterday that this May, the Songshan Lake Industrial park has actually introduced a car project that is the five-mine multi-house Car Co. It is reported that the company is Minmetals group China Hardware Products company founded the world's first large-scale integrated car group.　　According to the relevant planning, in view of the excellent investment environment of Songshan Lake and the car industry is the future of a huge market of emerging industries, China Minmetals decided to invest 1 billion yuan, in Songshan Lake building large central plant and Operation Center, Research and Development Center and RV Camp. In this way, Dongguan Songshan Lake Industrial Park refers to the car project, in the end is the car project or Geely Volvo Project, has become a mystery that cannot be solved at present.