Chapter 1707 Expansion like an upstart!(1/2)
Chapter 1707: Expansion like a nouveau riche!
Author: Shihanjie
Chapter 1707: Expansion like a nouveau riche!
It can be said that Wang Lin chose this time to acquire Toyo's semiconductor company at the right time.
The companies we interviewed were all deeply affected by this industry crackdown and found it difficult to continue.
Wang Lin has learned that these companies do their own research and development and have a large number of patented technologies. Because of this, their cost investment is extremely high. Once unfavorable sales occur, the capital chain will be broken quickly.
Without any unnecessary nonsense, Wang Lin got straight to the point and said he wanted to acquire their company.
Corporate representatives are all presidents, or presidents, who can make decisions for the company.
They were not surprised at all when they heard that Wang Lin wanted to acquire his company.
Since the 1990s, Japan's semiconductor industry, except for those large consortiums, has been struggling to support itself.
South Korean consortiums have acquired a large number of bankrupt companies in Japan.
When Sachiko met with them, she revealed Wang Lin's intention for this trip so that the other party could be mentally prepared.
If the other party really doesn't want to sell his business, he won't come to this interview today.
If the other party can come, it means that they have the idea of selling the company. The next step is the issue of price.
A chairman named Yoshimurano said: "I am honored that Mr. Wang Lin wants to acquire my company. Aixiu Group is the greatest textile company in China and the company with the highest market value among the listed companies in China, with a market value of nearly 1,000,000 yuan.
100 million."
The other presidents didn't know Wang Lin very well. After hearing Yoshimurano's words, they all looked shocked.
It turns out that the young man sitting in front of me is actually the richest man in China?
Billionaire!
With so much wealth, no matter where you are, you are considered a big chaebol!
Wang Lin smiled slightly.
He has no humility.
Sometimes, people need to be low-key.
And sometimes, people need to show off.
Although the market value of tens of millions is very fictitious, at this time, it can put gold on Wang Lin's face and make him an arrogant Chinese rich man in the eyes of everyone.
There is no chaebol in China, but the wealthy groups are as good as any chaebol in the world!
Yoshimura Nomichi: "But there is one thing I don't understand. Why does Mr. Wang Lin want to acquire semiconductor companies? Shouldn't entrepreneurs make a difference in the fields they are familiar with?"
Wang Lindao: "Mr. Yoshimura, your understanding of me is still only a few months ago. I have recently established an Aixiu Technology Company under my name - this person,"
He pointed to Han Qingning beside him: "This Miss Han is the CEO of Aixiu Technology Company, which is equivalent to the president of your company."
Yoshimura Nodichi: "Very good! That's it! Mr. Wang Lin has a new industrial plan."
Wang Lindao: "Japan and South Korea have developed rapidly in recent years, largely due to the development of the semiconductor industry. Numerous facts have proven that semiconductors will be more and more widely used in national life. The total population of Japan and South Korea
Taken together, it’s only a fraction of our country’s. Both of you have such a huge consumer market. Can you imagine how big our country’s semiconductor market will be in the future?”
Yoshimura Nodichi: "Very good! Mr. Wang Lin, you are a great entrepreneur with vision."
Wang Lindao: "This is why I develop the semiconductor industry. I like your companies because your companies are doing well. I want to step on the shoulders of giants and pick the fruit of semiconductors. If several people
If you agree, we can reach an agreement and sign a contract today."
Yoshimura Nodichi: "Mr. Wang Lin, do you only want to acquire our factories and equipment?"
Wang Lindao: "No, I want to acquire your company, including your factories, equipment, patents, technology, and more importantly, your talents. If you also want to stay and help me, I will
It was a pleasure working with you.”
Yoshimura Nodichi: "Mr. Wang Lin, I can sell you the factories, technology, and equipment. However, I have some objections to the talent aspect. Although your country's modernization has made remarkable achievements, let us
I don’t think I can agree to leaving Tokyo to work in your country, and I’m afraid my employees won’t agree either.”
Wang Lindao: "I have considered this a long time ago. There is an old saying in our country that people are cheap when they leave their hometown and things are valuable when they leave. It is difficult to leave the homeland. This is an emotion that everyone will have. Therefore, after I acquire your company, I will
Establish a branch in Tokyo. All senior managers and researchers will stay and work locally."
Yoshimurano groaned: "Is that so?"
Wang Lindao: "Yes, that's it! Of course, factories and equipment will be transferred to our country. Because the labor cost in our country is lower, and the land and factory buildings are also cheaper."
Yoshimura Nomichi: "Mr. Wang Lin is saying that high-end scientific research should stay in Tokyo? The factory should be moved to your country?"
Wang Linda said: "Yes. I wonder if Mr. Yoshimura can accept this condition?"
Yoshimura Nodichi: "No problem, you are very thoughtful."
Wang Lindao: "If Mr. Yoshimura is willing to stay and help me, I can arrange a good position for you in the branch. The local branch needs management by local people."
Yoshimura Nodichi: "I am an entrepreneur who is about to go bankrupt. I need a job to support my wife and children. I am willing to stay."
Wang Lindao: "Very good! Regarding your company, how much do you want to sell it for? The price you offer is just a reference. I will send someone to evaluate the value of your company. I will give you how much it is worth. Of course.
Yes, some premiums are allowed for patents and technologies."
Yoshimurano thought for a while and said: "My company still owes 10 million US dollars in debt. I don't need more money, so just sell it for 10 million US dollars! I can just pay off the debt."
Wang Linda said: "Ten million dollars?"
He didn't know much about Yoshimurano's company, but US$10 million, equivalent to more than 80 million yuan, could buy a very good company.
And Yoshimurano's company is about to go bankrupt, and he still offers $10 million. Is it too high?
Wang Lin has not done a comprehensive assessment of his company, and it is hard to say whether it will work now. He simply said: "I have taken note of your request. We will send a financial team as soon as possible to conduct an asset assessment of your company. As long as the results are
Almost, then I will buy it for 10 million US dollars. However, if the actual value is too different from your offer, then I will consider it carefully."
Yoshimurano was startled.
Wang Lindao: "Now that the global economy is in recession, if I spend ten million US dollars to start a business, I think I can start a good company. My funds are limited, and I will of course achieve the maximum profit if I spend the same money.
.After all, there are many semiconductor companies that want to sell their companies now! I have a choice."
Yoshimurano frowned and said: "Yes, Mr. Wang Lin. However, our company has a lot of research results, some of which we have invested a lot of money in, but have not yet been realized. If you can get these patents and put them into production, you
We will definitely make a lot of money. Our capital chain is now broken, and coupled with restrictions from the United States, we can no longer put it into production. Otherwise, we can pay off our debts with these technologies."
Wang Lindao: "If you really have good patented technology and can put it into production and make a lot of money, then I will consider giving you a good price."
Yoshimura Nodichi: "Our company has many excellent talents, and they are also very valuable."
Wang Lindao: "Talents just transfer to my company, and I will still pay them wages. Even without me, your company will go bankrupt soon, and your company's talents will still be outflowed."
Yoshimurano said: "Okay. I'm waiting for Mr. Wang Lin's assessment results."
Wang Lin looked at the others: "Are you willing to sell the company to me? How much is the price?"
Everyone has already thought about it carefully.
The semiconductor industry in Japan as a whole is in terrible shape right now, and these presidents are afraid that no one will take over.
Wang Lin has this kind of strength and is the biggest rich man in China. If he doesn’t sell it now, then when will he wait?
So everyone rushed to quote their price.
Just now Wang Lin and Yoshimurano made it very clear that I will give you the amount of money it doesn't matter how much you quote.
The final transaction price depends on the results of the asset appraisal.
Yoshimurano further proposed: "Asset evaluation requires the participation of a third-party agency, so that it is more fair."
Wang Lindao: "Of course. I will not live in Tokyo permanently. My affairs here will be fully entrusted to Ms. Sachiko Matsushita to help handle it. The personnel involved in the asset evaluation, in addition to those from third-party agencies, will also be transferred from Ms. Sachiko's company.
Effective financial personnel are involved.”
Yoshimurano asked: "Mr. Wang Lin, what is your relationship with the Matsushita family? Are you willing to leave such a big matter to them?"
Wang Lindao: "I have a deep connection with the Matsushita family. I trust Miss Sachiko, and she also trusts me."
Yoshimura Nomichi: "The Matsushita family has a good reputation in our country. I can rest assured that they will conduct asset evaluation."
Sachiko was also present and smiled: "Thank you Mr. Yoshimura for your trust."
Quotes from several companies vary.
The highest offer was Yoshimurano's US$10 million.
Others quoted prices ranging from US$8 million to US$7 million to US$5.5 million, with the lowest being US$4 million.
After the conversation, Yoshimurano and others left one after another.
Wang Lin made an agreement with them that within three days, an evaluation team would be dispatched to their company.
After seeing everyone off, Zhou Boqiang said: "Director Wang, are we going to inspect their company? A multi-million dollar acquisition is not a small sum."
Wang Lindao: "Their company is about to go bankrupt. I estimate that the factory has stopped production long ago and the research and development projects have been terminated. Even the employees may have taken a long vacation. We went to investigate and couldn't find a reason. We are just waiting for the asset evaluation.
The result!"
To be continued...