They frantically dug through allusions and dug up the black material of Dongmen Electric. Finally, they found a post-World War II management regulations, "German enterprises are not allowed to engage in military-related equipment design and production."

The senior executives of Dongmen Electric were confused. I was just engaged in semiconductor research and development, so why did it involve military affairs?

The American people waved their hand and said that the thing you made might be loaded into a missile, but it won’t work! It must be split! Accept supervision!

In desperation, Dongmen Electronics had to split its semiconductor department and became the current Yingfeilong company. Yingfeilong has always been committed to developing automotive control chips and is a downstream supplier for German car companies.

Over the past few years, its independent chip design capabilities have gradually lagged behind the United States, and the Americans have relaxed their supervision. Infeilong gradually lost the orders for in-car chips of the most profitable German high-end sedan. With internal and external difficulties, the company has suffered losses for years, and shareholders are also thinking of withdrawing from their shares.

Liu Ming thought for a while and asked, "What price do they want?"

"The price given by the intermediary, 83% of the shares, sold for 7.8 billion meters!"

"Hiss!~" Liu Ming was frightened by this price. It is said that the chip industry is built with gold. It's true. A second-rate semiconductor company wants this price. This is just a quote provided by Germans for a European company. If Chinese companies intervene, the price may be more than doubled!

"Where are the bearing factory and the machine tool factory?" Liu Ming asked again.

Llorente replied: "FGA's overall acquisition is quoting 1.5 billion meters, while the machine tool factory is 120 million meters."

"Hmm? Why are machine tool factories so cheap?"

"The first machine tool factory produced the products from the 1980s. It has no sales in Europe and wants to export them to developing countries such as China. It was blocked by the company's major shareholder, the United States General Motors. Now it can only do some scattered spare parts orders, and it is said that the losses are very serious."

Liu Ming smiled in his heart. This was clearly tied up by the Americans' money, and it was similar to Ying Feilong.

He weighed the three companies and was not very satisfied. He originally mobilized many people to come to Europe, but thought he could buy many high-quality and low-priced companies. Now, he may be thinking too much.

The first machine tool factory, he didn't want it. He just got 6,000 cash machine tools from Dalton. The group's processing capacity is already world-class. Why do you still have this kind of machine tool factory in the 1980s?

Yingfeilong, too expensive...

As for bearing factories, it is really important for downstream manufacturing industries like Oriental Group, and almost any equipment needs to use bearings. Liu Ming had already set his first choice of procurement target in Europe before he came.

Liu Ming thought about it and asked Lorent: "I remember that FGA is not the best bearing factory in Europe, Swedish SFK, have you ever contacted?" Since he had made up his mind to buy it, he hoped to spend more money and buy the better one.

Llorente said: "Our inquiry request has been sent, but no response from Sweden has been received yet."

"Well, that's fine. Let's fly to Germany first, visit Yingfeilong, and then wait for Swedish SFK to reply." Liu Ming finally made the decision.

When Liu Ming returned to the hotel to find Tang Yu, Wang Weizhen said, "Stop looking for it, the two of them are going shopping." After saying that, he looked envious.

"Whether do I need it, I will give you a chance to be a moonlight clan?"

"Huh? Are you so kind?" Wang Weizhen looked at Liu Ming suspiciously.

Liu Ming complained: "Didn't you hear Llorente's inquiry? This time it was really not the time. I can't buy any cheap things. I don't think you have to go with me to Germany. Just shop here. I'll be back in a few days."

"That's great!" Wang Weizhen said happily. For face, she was embarrassed to be a light bulb, so she forced Liu Ming to join Tang Yu and the other shopping group.

"Good guy, business suits can be sold for hundreds of thousands of yuan per set!?" Liu Ming just got a blow in Lorent in the morning. In the afternoon, he ran to the Champs-Elysees and was hit critically in a world-famous clothing store.

If the profits of the industrial industry are mostly between 5% and 100%, then this luxury industry will definitely reach more than 400% and 1000%! Liu Ming is very envious of this brand premium built by time.

"This is the fashion capital of the world. It's normal for clothes to be more expensive!" Wang Weizhen handed Liu Ming the paper bag he had just bought.

"It is true that it is specially placed here to kill Chinese tourists like you!" Liu Ming said unhappily. He found that the French civilians dressed very simply on the streets.

"However, since you've all come, it's really unreasonable to go back if you don't buy some specialties. I can't afford it because I don't have to pay for those clothes!" Thinking of this, Liu Ming also acted in accordance with the customs.

In one afternoon, Wang Weizhen spent all his salary and bonuses last year and borrowed more than 100,000 euros from Liu Ming.

Looking at the various bags on the hands of Liu Ming and Pu Youdao, the two ladies finally announced the end of their shopping.

On the second day, Liu Ming and Lorent flew to Munich City, Germany.

This time, the person who picked up the plane was a director of Deutsche Bank's investment department.

According to Liu Ming's order, Llorente transferred Deutsche Bank's default insurance in the United States half a month in advance to the domestic parent company for claims, forming bank debts.

Deutsche Bank's headquarters was being attacked by major American financial institutions at this time, and was already busy. Suddenly, he found that he had signed such a loss-making deal! Deutsche Bank did sell a lot of default swap insurance in the United States, causing the deficit to be second only to the huge deep pit of CDO. The actual premium was paid 50 million meters. Now the United States' real estate bond securities are indeed in danger, with a claim amount of up to 6 billion meters!

According to Deutsche Bank's previous communication, s.l.k is different from American capitals such as Gao Sheng who shorted Deutsche Bank's shares in large numbers. This company is not aiming to get Deutsche Bank's life, but just wants to obtain some of the shares of industrial enterprises held by Deutsche Bank.

When the creditors come to him, Deutsche Bank's performance is very professional, and he immediately increases his attention, so that the creditors can feel respected. At the same time, he hopes that Liu Ming will turn this debt into a long-term investment in Deutsche Bank.

"Mr. Liu, Mr. Llorente, hello, I am Khedira of Deutsche Bank's investment department."

Liu Ming smiled and said, "I really want to trouble Mr. Khedira to guide us."

"It's okay, please do it here!"

Khedira, Liu Ming and others got on a Mercedes-Benz business car and drove to Neuburg City, where Yingfeilong's headquarters is located.

"Why are many cities in Germany named after castles? Did they all be castles before?" Liu Ming encountered an ancient castle next to the expressway and asked in a chat.

Khedira's English is good, and there is no strong nasal sound from the Germans. "Yes, sir, ancient Germany was located in the Great Plains in central Europe and belonged to the four wars. There were Vikings plundering on the sea in the north, the Gauls eroded step by step to the west, the Austro-Hungarian Empire was eyeing it covetously, and the east was a threat to Tsarist Russia. If there were no strong enough castles, Germany might have perished long ago."

Liu Ming smiled, "It turns out to be a nation with a very sense of crisis!" He knew very well that "Shitler and World War II" was a taboo topic that could not be mentioned. If anyone still wants to do business in Germany, he must not mention that history.

Neuburg, located in southeastern Bavaria, Germany, is just a small town. Dongmen Electric set up the emerging semiconductor industry here in the past, probably only considering the low land use cost here.

At Yingfeilong headquarters, Hedila introduced the company's president Edmond to Liu Ming.

This person is a professional manager and shows an open attitude towards Liu Ming's visit and investigation.

Llorent whispered behind Liu Ming that the company's shareholders ignored Edmond's business ideas and instead criticized him for not bringing benefits to the company. The conflict between the two parties became deeper and deeper.

What made Liu Ming satisfied is that this company with 14,000 employees not only has a complete production line, but also retains nearly 40,000 international patents. It serves as a corporate moat and even has two commercial satellites!

"...In the future, we will vigorously develop wireless remote sensing and mobile technology to improve the safety performance of assisted car driving!" Edmond was able to relax his ambitions in front of Liu Ming, the potential buyer.

Hearing the words "wireless" and "mobile", Liu Ming nodded unconsciously. The company is indeed a serious company, but the price...

"Oh, your company's financial statements in the past three years are indeed not very good." Liu Ming showed Edmund and Khedira the information in his hands. The company loses between 200 million to 300 million meters every year, and there is no sign of profit yet.

This can be said to be a crime of non-war. The company was cut out by Dongmen Electric in a hurry and had no complete sales channels. It was delayed until now, mainly because it was selling miserables from the government to gain sympathy. Later, the government came forward to ask for some orders from the car company for Yingfeilong.

Before Liu Ming came, he had already investigated these clearly, but business is business. As a negotiating opponent, of course he had to pick the opponent's weaknesses and harshly hit him. At this time, he was soft-hearted to his opponent, which was irresponsible to his brothers!

Edmond defended a little embarrassedly: "This is just a temporary loss. The chip industry is an emerging high-tech industry. In the future, the demand for chips in Asia and South America will definitely be very high."

Liu Ming smiled and said, "The future? Why did I hear that the chip technology of Shixing Group and several Japanese companies are progressing rapidly? I am worried that you will lose the future you mentioned soon."

After much discussion, several parties returned to the issue of price.

He turned his head and looked at Khdira and asked in a low voice, "Mr. Khdira, can you ask if the share ratio can be reduced? We only need to hold the shares."

Khdira quickly shook her head, "Sorry, Mr. Liu, our bank is not the only major shareholder, but we have signed an agreement with several other shareholders to act in concert. If we sell, we can only take action together. And..." He looked at Liu Ming and continued: "Several shareholders still hope that the buyer will take out 20% of the cash."
Chapter completed!