Chereads / Prince of Germany / Chapter 58 - Chapter 59: first product

Chapter 58 - Chapter 59: first product

"His Royal Highness, how much money do you plan to pay for the acquisition of Daimler?" Emil Jelinek, the main investor of Daimler AG, inquired about the acquisition cost.

"Fifty million marks! This valuation has far exceeded the current value of Daimler," Qin Tian stated confidently, not concerned about the expense.

"Fifty million marks?" Emil Jelinek was pleased with the offer, finding it more than satisfactory.

Paul Daimler and William Maybach exchanged glances, recognizing Emil Jelinek's inclination towards the offer. Though reluctant to part with Daimler, they understood the inevitability.

"Your Royal Highness, I wish to retain the company's shares. What would be the valuation for that?" William Maybach, with a longer-term vision, preferred holding onto shares, anticipating a prosperous future under Qin Tian's ownership.

"I, too, would like to retain the company's shares," expressed Paul Daimler.

Qin Tian nodded, acknowledging their desire but deferred his response, turning to Emil Jelinek. "Mr. Jelinek, have you considered it?"

"Your Highness, I have considered it, and I am willing to sell the shares in my hand to you," confirmed Emil Jelinek.

"Okay, Mr. Jelinek. After signing the share transfer agreement, I will write you a check immediately," Qin Tian agreed.

"Mr. Maybach, Mr. Daimler, I will allocate 5% of the shares to each of you. What do you think?" proposed Qin Tian.

While William Maybach and Paul Daimler seemed displeased with the seemingly small share allocation, Qin Tian assured, "After the acquisition, I'll invest an additional 50 million marks to upgrade the company's production line and develop new products. The future Daimler will become a company engaged in motorcycles, cars, trucks, and military combat vehicles. The company's potential will be limitless."

After further explanation, William Maybach and Paul Daimler nodded, understanding the strategic plan. Even with only 5% of the shares, the potential returns seemed promising.

Post lunch, Emil Jelinek signed the share transfer agreement, securing his check, and left the company. Paul Daimler and William Maybach signed agreements to change the company's shares. In the following week, Qin Tian would transfer 50 million marks to the company for upgrades and research.

Now officially the owner of Daimler, Qin Tian, with 90% of the shares, held the power to implement his vision for the company.

"Mr. Daimler, Mr. Maybach, I have a product here. I hope the company can develop it and bring it to market as soon as possible," Qin Tian shared designs for two motorcycles, aiming to inspire the team.

"God! Is this a motorcycle? These are clearly two works of art!" exclaimed Paul Daimler, astounded by the designs.

"It's unbelievable that a motorcycle can be designed like this!" added William Maybach, equally impressed.

Qin Tian presented designs for a men's and a women's motorcycle, highlighting superior performance and reliability. The engines would be provided by Deutsche Engine Manufacturing Company, owned by Qin Tian. The men's motorcycle could reach 60 kilometers per hour, and the women's, 50 kilometers per hour.

"Do you think there will be a market for these two motorcycles?" Qin Tian inquired.

"His Royal Highness, these two motorcycles are completely classic works of art. I believe that once they are launched on the market, they will definitely become popular in Germany and even Europe!" Paul Daimler praised, recognizing their potential market appeal.