Starting from a Fake University
Chapter 1116 - 604: Out with the Old, In with the New (Please Subscribe)

Chapter 1116: Chapter 604: Out with the Old, In with the New (Please Subscribe)

"Without destruction, there can be no construction; Chang’an Group is doomed to collapse."

When Ding Yue said this, it sounded casual.

But upon hearing it, Governor Li knew that Ding Yue’s previous "easy to handle" was definitely not as simple as it seemed on the surface.

To let Chang’an Group collapse, a huge automaker with tens of thousands of employees—what about them?

Even though Chang’an Group was indeed teetering on the brink of collapse, Governor Li believed that Ding Yue must have considered such a significant issue.

However, Liu Pei did not have the same insight as Governor Li.

Upon hearing Ding Yue’s remark, Liu Pei immediately got anxious, "Principal Ding, what do you mean by this? Our Chang’an Group has so many products and employs tens of thousands of workers. As Mist City’s largest car manufacturer, do you think you can just declare us closed?"

His words were clearly tinged with anger.

Ding Yue heard it, but wasn’t fazed, because this was normal, and Mr. Liu’s reaction was what one would expect from a normal person.

"Mr. Liu, can Chang’an Group still come up with the money? No, that’s not the right question. I should ask, how do you plan to repay the bank loans?"

Ding Yue turned his head and asked Mr. Liu, who looked somewhat angry.

For a large enterprise like Chang’an Group, it’s impossible for all funds to come from within. A large part actually comes from the support of banks in Mist City.

And it’s backed by the Mist City Government.

After all, when Chang’an Group was still thriving, it made a significant contribution to the GDP growth and employment of Mist City, and that is beyond doubt.

Ding Yue felt it a pity for Chang’an Group.

But there was no other way. In a developing era, if one does not progress, then soon they will be eliminated just like Nokia—doesn’t everyone find it a pity?

Ding Yue’s question left Liu Pei without an answer.

The loans from the bank could only be repaid after selling Chang’an Group’s assets, because its current business was hardly profitable anymore. Even the once-strong traditional car business was struggling to survive due to the rapid development of other domestic car companies.

The attempt to shift focus to new energy and save Chang’an Group from collapsing had also failed.

"Principal Ding, please continue," said Governor Li, wanting to hear more about what Ding Yue meant by saying it would be good for Chang’an Group to collapse.

"Governor Li, let me summarize it in one phrase: the old must go so that the new can come," Ding Yue said seriously to Governor Li.

To solve Chang’an Group’s issue, Ding Yue believed the only way was to make Chang’an Group a thing of the past and for his Feiyue Group to establish Feiyue Automobile to replace Chang’an Group as the leading automaker in Mist City.

By doing so, Ding Yue could take over the tens of thousands of employees from Chang’an Group.

He could even take over parts of Chang’an Group’s factories and production lines.

"Principal Ding, what do you mean by that?" Liu Pei asked, catching the clear implication that Ding Yue was suggesting a complete erasure of Chang’an Group from history.

Unsurprisingly, this was quite irritating for Liu Pei, the General Manager of Chang’an Group.

"What do I mean? I mean exactly what I said," Ding Yue replied with equanimity, shrugging his shoulders at Mr. Liu.

Then, Ding Yue turned to look at Governor Li and continued seriously, "Governor Li, our Feiyue Group has decided to enter the new energy vehicle sector. New energy vehicles are the trend of the future, and traditional cars will be gradually phased out. The field is complex, and since Chang’an Group can’t grasp this trend, then let us take over."

In that moment, Liu Pei finally saw the young man’s ambitious nature.

But it seemed to make perfect sense; after all, they had the advanced graphene battery technology. Even internet tech corporations like Dami Technology Group and Huawei Technology Group could enter the field of new energy vehicles.

There was no reason why Feiyue Group couldn’t do the same.

Although Liu Pei was reluctant to admit that Chang’an Group was beyond salvation, with his many years as General Manager, he still had the ability to assess the situation.

"Principal Ding, do you mean... if you guys create a car brand, Chang’an Group’s employees can be taken over by you?" Governor Li quickly grasped Ding Yue’s meaning.

If Governor Li weren’t smart, he wouldn’t be able to sit so comfortably in his position.

Ding Yue immediately nodded and said with a smile, "The employees of Chang’an Group have ample experience. Manufacturing new energy vehicles doesn’t differ much from traditional cars in terms of the body. We have better design teams and a better core. Feiyue Group is confident in making new energy vehicles well and in growing and strengthening them."

Ding Yue’s words slightly shook Governor Li.

Chang’an Group was already in a desperate situation. To continue financing Chang’an Group merely meant pouring good money after bad to support this teetering enterprise.

But that wasn’t a solution to the problem.

And what Ding Yue suggested, that Feiyue Group would start with new energy vehicles, leveraging their own advantages and Feiyue’s strong capacity for creativity and innovation to eventually replace Chang’an Group, seemed like a far better solution.