Chapter 368 Wishful Thinking
Ever since Lupeo received the call from his designer friend Lorenzo in July, he not only asked someone to check Fang Hexuan's strength and background, but also considered and analyzed the pros and cons of selling Lamborghini to a Hong Konger.

Of course, he also intentionally or unintentionally revealed to the company's creditors the news that an Asian tycoon had acquisition ideas.

Lupeo was very cautious. He really loved his job, so he did not dare to contact Fang Hexuan without getting a definite guarantee from above.

Fang Hexuan didn't know why the other party changed his mind. He thought it might have something to do with BYD gaining some fame at the Paris Motor Show and being reported by many media outlets.

As for why BYD's fame could help him establish a relationship with Lamborghini's creditors, Fang Hexuan also thought deeply about it. It was just one point.

That proves that he is not just playing around, but is really interested in entering the automotive industry.

In this way, selling Lamborghini to him would not be considered a waste of this Italian luxury car brand.

You know, although Lamborghini is currently in poor business and its market is shrinking, it is still a national brand with some fame for Italians.

It would be fine if you just sold the national brand, but you sold it to a speculator who had no intention of making cars. You deserve to be criticized.

Perhaps several of Lamborghini's creditors took the time to investigate BYD and the strength of its boss, which further allayed their concerns.

In short, considering the lazy nature of Italians, it is quite efficient for them to figure out so many inside stories and make up their minds within two months. Don't ask for too much.

As for why Lupeo has to repeatedly confirm his sincerity, it is also related to Lamborghini's current ownership structure.

Let me briefly talk about the history of this company. After the founder Ferruccio Lamborghini founded Lamborghini Automobile Company in 1963, due to poor management and rising R&D costs, Ferruccio was forced to sell 1972% of the company's shares to Giorgio Henry Rossetti in 51.

In 1974, the founder transferred the remaining 49% of the shares to René Lemo, and he himself focused on becoming the design director of Lamborghini.

From 1977 to 1978, Lamborghini Automobile Company underwent several changes in its equity structure.

The previous two shareholders, Georges-Henri Rossetti and René Lemo, sold their shares to the next two people, Hubert Haney and Raymond Neuma.

Unexpectedly, within a few months, these two new shareholders sold all their shares to one person, Zoltan the Thunder Emperor.

The new boss who holds 100% of Lamborghini's shares may have wanted to run the company well at the beginning, but the automobile industry, especially the luxury sports car industry, is more complicated, and Zoltan Retty soon messed up the company.

In order to keep Lamborghini going, he mortgaged the company's shares and borrowed money from three big bosses, Giorgio Miron, Dante Lando and Alessandro Artes, in 1978.

However, outsiders are outsiders after all. In September of that year, Lamborghini finally could not continue and finally declared bankruptcy.

From September 1978 to October 9, four years have passed. The three creditors who originally lent money to Lamborghini have finally become the actual controllers. Even they themselves did not expect this result.

At the beginning, the three creditors discussed investing some money and then handing it over to professional managers to continue running the company. However, in 1980, Lamborghini declared bankruptcy for the second time, and the three creditors completely gave up hope.

Up to now, this world-renowned luxury car brand can only barely avoid bankruptcy again, and the development of new models has been delayed and disrupted.

You have to know that the annual sales volume of these luxury sports cars, which start at tens or even millions of dollars, for a single model cannot be compared with that of later generations. Selling two to three thousand units a year is considered a best-seller.

Faced with high R&D costs and mediocre profitability, even wealthy Italians are reluctant to invest money in it for a long time.

If Fang Hexuan really wanted to acquire the company, he would not only need to negotiate a deal with the three creditors, but also reassure them that he had the ability to turn Lamborghini around and prevent it from going bankrupt. After Lupeo received the affirmative assurance, his eyes began to brighten and his mood became much more stable than before.

He took a sip of coffee and spoke to Fang Hexuan as if recalling the past:
"Mr. Miron runs a fairly large tire group, and Mr. Artes is one of the top ten lubricant companies in Italy. The two of them are somewhat related to the automobile industry. The most troublesome one is Mr. Lando, who is the heir to an Italian luxury goods holding group and the creditor who is most determined to continue operating Lamborghini. If you can convince him to sell the debt to you, I believe the other two will not refuse."

Although Lupeo is the design director, he does not have a close relationship with the three actual bosses.

He really doesn't like the company's current state, which is half-dead and makes him feel very uncomfortable, especially since the three bosses are not of one mind and are pulling each other in the actual operation of the company, and there is already a trend of internal friction.

So even though they were not familiar with each other, he still gritted his teeth and conveyed Fang Hexuan's acquisition intention to the three of them.

Fang Hexuan thought for a moment, nodded and said:

"No problem, but I need you to help contact these three people. I will talk to them one by one."

Lupeo doesn't care how the other party operates, he just hopes that Lamborghini can usher in a new situation.

Fang Hexuan stayed in Italy for a week. He traveled around and negotiated with the three creditors one by one.

Not only did he tell them the history of his rise to wealth, but he also talked about his dream of building cars. His purpose was to demonstrate his strength and prove his determination to enter this industry.

In addition, he also promised to continue cooperating with the three companies after acquiring Lamborghini.

Specifically, Giorgio Miron was promised that Lamborghini would continue to use his company's special tires in the future, and BYD could even include his products in its supply chain options.

The promise to Alessandro Artes is similar, but it still uses Lamborghini and BYD as hooks.

As for the last Dante Lando, there is a solution.

For example, many of Felix's sports shoes, including Air Force One, can be sold jointly with the other group's luxury brands.

In addition, DreamWorks Films can help promote its multiple brands in Asia by providing in-film advertising.

Finally, Wanda will give priority to cooperating with the other party in the multiple shopping malls it develops.

Faced with this full sincerity, Dante Lando also agreed to sell the debt of Lamborghini to Fang Hexuan.

Although the negotiations with the three companies were not easy, they were not as troublesome and difficult as Lupeo had imagined.

The most important thing is that Fang Hexuan's Alphabet Group has too many subsidiaries that can provide assistance. With multiple corps working together, the efficiency will naturally increase several times.

On the day of signing the contract, both hosts and guests were in a good mood. When the two sides shook hands, George Miron casually mentioned to him the news of another Italian luxury car brand, Ferrari, which made Fang Hexuan feel itchy.

He never dared to have any wishful thinking about this company, but from what the other party said, it seemed that there was still a chance.

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(End of this chapter)