Mr. Li: Let me buy Volvo why the bank of China doesn't pay

Dictation: Li Shufu set up the V Project group in June 2007, and V is both Volvo and Victory, which is three years old this year. After three years of hard work, we and Ford in the United States held a delivery ceremony in London on August 2 this year, and successfully completed the acquisition of all stake in Ford's Volvo car. Why in London? Because London is in the middle zone, not the United States, nor Sweden, nor China. Delivery is more complex, involving a lot of content, we have more than 10,000 pages of light files, file weight of nearly 100 kg. The customs also asked us to pay taxes when the documents came in.　　In any respect, this is a complex, very difficult acquisition. Volvo's target customers have long been locked in a high moral standards, strong sense of responsibility, rich connotation of such a special consumer group inside, so its brand positioning is safe, low-key, high-grade. Until the 80 's, Volvo was still running with Mercedes-Benz and BMW, and it was slightly better than Mercedes-Benz BMW. Since the 90 's, Volvo has been in the bottleneck of development, with car production stagnating and BMW overtaking the sales volume. Audi seized the opportunity period in the Chinese market and seized government procurement, and as China developed, Audi grew very rapidly in China, and Audi sold more than Volvo in the early 90.　　This, the world is very clear, if not China, Audi sales are not going to go. But until today, Volvo is the safest car in the world and has never been overtaken by any of its peers. This is the truth, and I am responsible for that remark. Because Volvo's research and development investment has been kept in the lead, Volvo annual research and development investment of more than 1 billion U.S. dollars, or even 2 billion, in the last 20 years has invested nearly 30 billion U.S. dollars in research and development funds, creating a large number of intellectual property science and technology research patent results.　　This is a very great, magical enterprise, is a very responsible and respected enterprise. What happens when Geely completes the delivery and takes over a car company from Ford? This everyone is very concerned about. Geely became the new owner of Volvo Sedan, decided to restore Volvo management independence, to restore Volvo's former competitiveness, continue to consolidate and promote Volvo in the field of safety and environmental technology, the world's leading position, respect for Volvo's original core values and mature business civilization, Respect Volvo's original form in the world a very mature and respectable set of culture.　　We want to be able to deal properly with the relationship between stakeholders, consolidate and strengthen Volvo's position in the traditional market of Europe and America, develop and develop new country market including China, lengthen and widen Volvo product line, meet multi-level users ' demand for safety and environment-friendly cars, and rebuild Volvo's global leading position.　　I believe that Volvo in Chinese hands will be able to shine, I believe that Volvo in a relatively short period of time will be able to restore its former glory, we are full of confidence. Now the whole world is looking at this one.Things, the global vision is focused-Ford did not fix, Geely can do it?　　If the Americans are not ready, can the Chinese manage?　　Nonsense, why can't Chinese people manage? This is not a simple question, but we must do it well in the trouble. Geely's acquisition of Volvo is not only the need of Geely Group's own development strategy, but also the need for Chinese enterprises to go out and import and participate in global economic competition. This is not a trivial matter, but also a historical product of economic globalization, fully in line with the needs of the transformation of China's economic development.　　Volvo has made a great contribution to the global automotive safety and environmental protection technology, and the Volvo will continue to lead the new revolution, new innovation and great achievements of the global automotive technology, and it will get more love from the people of the world, we are also full of confidence. Volvo is a hot spot, this is not to be denied.　　Volvo has a history of more than more than 80 years, it has two local market, one China, one Sweden, but also has a broad world market, so today's Volvo sails sail again, embark on a new voyage. A lot of people say that this is where the money comes from. This is very interesting to ask, so much money in the world, why don't we use it? Geely is no money, but a lot of money, people do not know how to use, we help him to use the money. So this acquisition, I would like to thank the Shanghai Jiading Government and Heilongjiang Daqing people's governments, including the Shanghai Municipal People's government, there is a construction bank, and later gave us some support. On top of that, I don't want to thank anyone for the money. No other bank lent money to Geely to buy Volvo. On the contrary, many foreign banks came to lend Geely Money, the world, Hong Kong, Europe, the United States is to bring money to Geely, all think this is good. But the Chinese people think bad, the risk is too big, this money lends auspicious, certainly is the meat steamed stuffed bun dozen dog, one goes not to return.　　This matter has amply proved that China's reform and opening-up why so difficult, Chinese enterprises go out how difficult. Geely buys Volvo, speaks the truth, the work is not auspicious, but in China. If there is no China, Geely's acquisition of Volvo is impossible, because China's market, because of Chinese users, because of China's power, because of China's image, status in a great change. In today's world, like China, a new market, all enterprises all over the world are watching. So the financial crisis has brought great business opportunities for China's development. During the financial crisis, we seized such an opportunity, this is a once-in-a-lifetime, what kind of opportunity is the greatest opportunity? Everyone's argument is not the same, I think the historic opportunity is the greatest opportunity, the historic opportunity, this is not man-made, which organization alone, which person is not planned. Once this historic opportunity is seized, it is a great opportunity.