What Jiang Muge doesn''t know is that Rockwell is currently holding a shareholders'' meeting.
In view of the current situation of their company, in order not to affect the market value of their company in the stock market, the shareholders'' meeting has not been made public at this stage. Their company has made many mistakes in investment decisions in recent years, especially in entering the computer hardware market and the basic electronic industry.
After Othello''s meeting, the salesman from China had no position. Even the boss Yun Fei didn''t know him. He didn''t know that his company had started business in the United States. The head of American North American market of 91 group returned to his rented apartment with joy.
He didn''t think his introduction would impress the head of Rockwell''s general industry department.
This matter can not be taken down in a short time, at least it will take a long time. Anyway, Rockwell will not make a decision in a short time. Jiang Muge, who didn''t take it as a matter, didn''t report to the company.
Even, not many people in the whole company know his existence.
Unlike Othello, Jiang pastoral from China made him firm to continue to leave the auto parts system business and some basic businesses. The decision of the board of directors of the company basically has to consider the opinions of the general head of the Ministry of industry. He said that if he wanted to sell, the board of directors would agree to sell; He said he would shut down, and the board of directors would also shut down the factory.
He has served in this company for more than 40 years. The whole board of directors of the company knows his ability very well.
"I''m very sorry for being late. But I think it''s very worthwhile to be late this time. " Seeing Othello, whose directors gave an understanding look at his lateness, smiled and said to the shareholders who believed in him very much.
Everyone is waiting for him to put forward a reform plan for the general Ministry of industry. The company''s several failed investments were strongly opposed by him. Unfortunately, at that time, the members of the board of directors thought that he was old and could not keep up with the times. Therefore, the current consequences were caused.
If one person can change the current plight of Rockwell international, it is old man Othello of the general industry department. After all, the company''s business in aerospace and military fields depends on the U.S. Department of defense. General industry is their most important market business.
Therefore, even the president of the company, ferret, respected him very much and never treated him as a superior.
"Before I came here, I was only going to meet a salesman from China in five minutes. After more than a year of perseverance, the Chinese insisted on personally promoting their CNC machine tools with me. Just this insistence was worth meeting him... "Othello did not directly get to the point, but told the shareholders and senior managers who had been waiting for him for more than ten minutes about the reason and situation of his meeting with salesmen from China.
He should not have been responsible for this matter.
There is a special department responsible for equipment procurement.
"Othello, get to the point. The current situation of the company makes us have little leisure to talk about the tenacity of the Chinese people. " Ferret has a headache. Isn''t the old man schizophrenic because of too much pressure during this period?
This is a very important meeting of the company. How can time be wasted on it?
Although the US military budget is getting higher and higher, it has not increased its investment budget in the space shuttle business and space business, and there are many companies competing in this business. Once they can''t get orders from the U.S. government, their general industrial department is in such a situation at present. Isn''t it going bankrupt?
Moreover, the research on the space shuttle must be supported by the profits of the general Ministry of industry.
They do not believe that the U.S. government will give up the exploration of space, so more powerful rocket engines, more advanced space shuttles and the energy system of the space station. Without orders from the government, they cannot interrupt this research.
Space is the future development direction of mankind, and once countries start on a large scale, they can seize more markets with advanced technology.
Unless they are willing to give up these businesses.
The honor from the space shuttle Endeavour must not be given up.
"There are more opportunities in the Chinese market, and we should not eliminate these businesses. The reason why we want to eliminate it is because our cost is too high to be reduced for a long time. The Chinese who have just sold their machine tools to me have just put forward problems we have never thought of. At the same time, it also makes me realize that our company doesn''t know what the situation in China is... "Othello said seriously.
This is the mistake of their company''s strategy department.
A serious mistake.
They think that having subsidiaries in China''s Taiwan, Xiangjiang and Japan is enough to deal with the Chinese market.
They never realized or thought that the branches in these regions are also very strange to the Chinese market.
China''s economy is advancing by leaps and bounds, especially in the industrial field. They should not give up.
"Yunshi Holdings has established a new 91 automobile production company. They are not what we thought at the beginning, but the low-end market in China. Moreover, in terms of automotive technology and equipment, they are also going to areas we will not think of. The boss of this company has never been known or valued. The 28 year old young Chinese upstart has great ambitions. If we can reduce the production cost by 10% in terms of the cost of auto parts and get the order of 91 Auto... "
Othello is drawing cakes for the shareholders in front of him.
However, these shareholders cannot refuse this cake.
"Othello, China''s auto market really has great potential, but it is only an international dumping market. Yunshi Holdings has not made cars, and now they are just a newcomer. Even if the potential is great, how much production scale can they have under the dual pressure of domestic and international competitors? " Rockwell, chairman of the company, inherits the family business. Although he is very young at the age of 40, he is not optimistic about a new enterprise in the Chinese market.
Othello is clearly gambling.
He wants to put all his chips on China, an enterprise that has not yet started producing cars.
The auto parts business alone accounts for one third of the sales of their whole company. It is precisely because of the loss of auto parts business that their company suffered serious losses.
In the U.S. market, Japanese cars, Korean cars and even cars from Europe have continuously compressed the profits of local auto manufacturers in the United States. GM''s profit margin has been declining for several years.
"This is not just an automotive business. We can lay off our local production plants and move to China with lower production costs. Moreover, we don''t even need to set up production plants and directly choose Chinese enterprises for OEM. What we need to do is design, research and development of new technologies and maintenance of market channels... "Othello began to explain his views to these shareholders.
This view was formed in a hurry, but now he says it is like thinking about it for a long time.
Chinese OEM is the choice of many enterprises in the world to reduce costs. For Rockwell international, the only obstacle is whether the Chinese OEM has such a large production scale and can ensure their technical requirements!
"What do you think, Mr. Othello?" Obviously, Othello moved the shareholders of the board of directors, and ferret was the first to show interest.
They do not have to keep factories in the United States. Factories in northern Europe can also lay off some basic production workshops. In this way, their production costs will definitely be much lower than 10%.
At present, China''s labor cost is many times lower than that of European and American countries.
"Visit China!" Othello spoke his mind“ Only after knowing the actual situation can we decide our company''s actions and evaluate the role of Chinese OEM and the establishment of Chinese subsidiaries in our profit growth... "
The earlier enterprises enter the Chinese market, the more they can occupy a larger market share and get more favorable conditions.
There is a conflict between Rockwell and cloud holdings in automation, but there is not a conflict at present. The two sides have different research fields and different markets. Obviously, they can solve their current dilemma with the help of China, an emerging company.
The combination of strong and strong is a very favorable thing for them.
Coupled with Othello''s keen market judgment and its position in the eyes of many shareholders, the resolution was passed soon.
Anyway, they have no better way. If they can solve these problems in China, why don''t they do it?
What''s more, setting up a new subsidiary in China doesn''t need to build factories or anything, and the investment doesn''t need to be much. But also very close to the Chinese market.
Jiang Mu Ge did not expect that his words would have such a great effect.
He was a little surprised when he received a call from Othello himself.
He stayed in Pittsburgh for more than a year, but no one saw him at all. After talking about it for more than half an hour today, the other party directly proposed to go to China to investigate the strength of their company and the process equipment of their company, which made him a little confused and reacted for a long time.
In response, he, regardless of whether it was early in the morning in China, directly dialed the phone he rarely contacted when he arrived in the United States.