Preamble:
Recently, a news about the Bulgarian high-speed rail bidding has attracted widespread attention, it turned out that Qingdao Sifang Locomotive and Rolling Stock Co., Ltd., a subsidiary of CRRC Group, participated in the bidding of Bulgaria's high-speed rail, and won the bid at an ultra-low price, which made the EU very dissatisfied, and felt that the Quartet locomotive participated in the bidding distorted market competition, so the EU directly launched an anti-dumping investigation on the Quartet locomotive, and the result was unexpected, the Sifang Locomotive directly withdrew from the bidding, so that the EU directly picked up a big bargain from the Sifang locomotive, and the CRRC Group is a big heel, this matter also makes people think deeplyWhy does CRRC always make a mistake when investing in foreign investment and construction projects? And it is always used as a gun, why is this?
1. Sifang Locomotive withdrew from the Bulgarian high-speed rail bidding
Bulgaria's high-speed rail bidding is not ordinarily large, they plan to introduce 20 high-speed trains from abroad, and also have to sign a 15-year maintenance contract with the winning company, so that the contract amount of the entire project is as high as 610 million euros, which is a lot of business, so as soon as it came out, it attracted the attention of major high-speed rail manufacturers around the world, including China's Sifang locomotive.
Sifang locomotive is China's high-speed rail manufacturing giant, their technical strength is very strong, and also has a very rich experience in the domestic high-speed rail construction, so as soon as the Bulgarian high-speed rail bidding came out, Sifang locomotive was ready to participate in the bidding, and they also won the bid at an ultra-low price, which made other bidding companies very dissatisfied, felt that Sifang locomotive was maliciously dumping, distorting market competition, so directly reported to the EU Sifang locomotive, requiring them to conduct anti-dumping investigation on Sifang locomotive.
2. The EU investigates the Quartet locomotive
After receiving the report, the EU decisively launched an anti-dumping investigation on the Sifang Locomotive, they want to find out why the Sifang Locomotive was able to win the bid at such a low price, whether there is anything behind it, and the price of the Sifang Locomotive is a full 47% cheaper than the Spanish high-speed rail manufacturer, which makes the EU very shocked, and feels that the Quartet Locomotive is malicious dumping, so they must be investigated to find out the truth of the matter.
The Sifang Locomotive is also very cooperative with the EU's investigation, they provided all their information to the EU, so that they can conduct a comprehensive investigation, but the EU's investigation has not yet ended, the Sifang Locomotive suddenly announced its withdrawal from the Bulgarian high-speed rail tender, so that the EU's investigation can not continue, and after the Quartet Locomotive withdraws, the EU will also investigate other bidding companies, so that the EU will directly pick up a big bargain from the Sifang locomotive.
Third, CRRC Group is heeled
After the Sifang locomotive withdrew from the high-speed rail bidding in Bulgaria, the CRRC Group was also very shocked, because in this way, the CRRC Group directly planted a big heel, and it is also on the international stage, which will have a great impact on the reputation and image of the CRRC Group, and this is not the first time that the CRRC Group has invested in the construction of a project abroad, before they invested in the construction project in Indonesia, but also for various reasons, and finally forced to suspend the project, this time in Bulgaria planted a big heel, and was still used as a gun, why is this？
In fact, the reason why CRRC Group always stumbles when investing in foreign investment and construction projects, mainly because they still do not really understand the foreign market environment and laws and regulations, they always want to use the domestic set to compete abroad, but they are used as guns, busy in vain, and it is really very hard to do projects abroad, they can not raise the wages of workers at will, nor can they deprive workers of their rights and interests at will, so their profits can not meet expectations, in this way, they can only exploit their own employees, which makes CRRC Group very passive, but also very criticized, feel that they are more ruthless than the capitalists, so that soThe image and reputation of CRRC Group will be greatly affected, and it will also lose the face of Chinese enterprises.
Epilogue:
The Bulgarian high-speed rail bidding incident gave us a vivid lesson in international trade, and also let us deeply realize that if we want to gain a foothold in the international market, we must not only have strong technical strength, but also understand the local market environment and laws and regulations, and can not go our own way, let alone obtain benefits through malicious dumping, only by abiding by the rules of international trade, can we win the respect and trust of others, and can we be invincible in the international market"Going out" to set a good image and example.