With the successful acquisition of Kowloon Motor Bus and China Motor, and Liu Sanquan's proper treatment of the dead and injured, Jiuding Newspaper no longer contributed to the trouble, and the public opinion about Kowloon Bus quickly declined.

People are good at forgetting the past!

I believe that with the passage of time, this matter will gradually be sealed in history and turn into a speck of dust.

Unless there is another accident and it is picked up and exposed by someone with a heart, it can awaken people's memories.

......

"Tuk Tuk!"

"Come in!"

Hearing the knock on the door, Xia Yu didn't raise his head and said, he continued to issue documents, and when he felt that there was a person in front of him, Xia Yu raised his head and found that it was Huo Jianning.

Xia Yu smiled and motioned for Huo Jianning to sit down: "Jianning, sit down!"

"Thank you, Chairman!"

"Chairman, this is the information you arranged for me to collect about the island country Pioneer Electronics Company, a total of twenty-eight pages, please take a look!"

Huo Jianning said, presented a document in his hand to Xia Yu, and after Xia Yu took it, he sat down upright.

Xia Yu flipped through the documents and said with a smile: "It seems that there is a lot of information, you have put in a lot of effort." ”

"You go and do other things first, I should finish reading in half an hour, you come back." ”

Huo Jianning was stunned for a moment, then got up and bowed slightly and said, "Okay, then chairman, I'll go down first." ”

"Hmm!"

Xia Yu didn't care about Huo Jianning, lowered his head and flipped through the information, browsing quickly, and only stopped for a moment when he encountered key information.

More and more information about the island nation Pioneer Electronics Company entered his mind.

Founded in 1938 by Nozomi Matsumoto, the founder of Nozomi Matsumoto, who developed the A-8 dynamic loudspeaker, the company was originally known as the Evangelical Chamber of Commerce Electrical Works, until 1961, when it changed to its current name.

Pioneer Electronics' products have four prominent phases.

The first stage was the launch of the world's first component stereo system in 1962, which became a bestseller in the world, and because of this product, Pioneer Electronics also established sales companies in Europe and the United States in the following years, allowing Pioneer Electronics to go global, from an island company to a multinational company.

Pioneer Electronics Co., Ltd. has been listed on the Tokyo Stock Exchange, the Osaka Stock Exchange and the Amsterdam Stock Exchange in the Netherlands.

The second stage was in 1975, when the first component-based car audio was launched again, which was once again welcomed by the market, and the outstanding performance of Pioneer Electronics Company was listed on the New York Stock Exchange in December 1976 in order to further develop the American market.

In this way, Pioneer Electronics Company has properly become a multinational company with a firm foothold.

The third stage was in 1977, when Pioneer Electronics broke through the business scope of the audio field and launched the world's first two-way addressable cable television system in the United States, and entered the American cable television industry market with the help of cooperation with Warner Bros.

The fourth stage was in 1979 and 1980, when Philips acquired most of the rights to the LD laser disc system, and then launched the industrial LD player and the home LD player VP-1000.

In addition to these more iconic products, Pioneer Electronics has other products and businesses, although they are relatively not as prominent as these products, but there are quite a few bright spots.

Overall, Pioneer Electronics is an outstanding electronics company, and it is one of the top companies in the world audio field.

Xia Yu vaguely remembered that when he visited Rolls-Royce Motor Cars in the UK, he heard that its Bentley Motors Company purchased pioneer car audio......

According to the data, Pioneer Electronics is listed on a number of exchanges, and the highest market value is the Tokyo Stock Exchange, with a current market value of 180.4 billion yen.

At the current USD/JPY exchange rate, the market capitalization is about $820 million in US dollars.

As for the shareholding structure of the island country Pioneer Electronics Company, which Xia Yu is concerned about, it is quite characteristic of the island country from the early days after World War II to the present, with a highly dispersed individual shareholding and a mutually stable shareholding structure between relatively concentrated financial institutions and industrial legal persons.

It is remembered that after the 90s, after a series of reform measures by the island government to relax the rules, it will bring about the second change in the shareholding structure of the dissolution of cross-shareholding and the rise of pure market investment holdings.

So for now, the island nation Pioneer Electronics Company does not have the so-called first super-large shareholder.

The largest shareholder is Mitsubishi Electric Corporation, holding 5.9% of the shares.

The second shareholder is the founding family, the Matsumoto family, with a shareholding ratio of 4.7%.

......

Then the top 10 shareholders hold a total of 31.7 percent of the shares!

The top 20 shareholders hold a total of 43.4% of the shares!

However, Huo Jianning made the information very carefully, and specially marked the background or related background of the top ten and top twenty shareholders.

Just like Mitsubishi Electric Corporation, the largest shareholder, it is undoubtedly one of the core companies of the Mitsubishi Foundation.

Among the top 10 shareholders, in addition to Mitsubishi Electric Corporation, the fifth largest shareholder, Tokyo Mitsubishi Bank, holds 3.2 percent of the shares, and the ninth largest shareholder, Mitsubishi Motors, holds 2.2 percent of the shares.

Therefore, the Mitsubishi consortium camp controls a total of 11.3 percent of Pioneer Electronics Company, accounting for the largest proportion.

Even if this cumulative shareholding does not allow the Mitsubishi Consortium to make a decision on Pioneer Electronics, the Mitsubishi Consortium still has a lot of influence over Pioneer Electronics, given its partnership with Mitsubishi Motors and other companies under the Mitsubishi Foundation.

Therefore, it can be considered that Pioneer Electronics Company is a peripheral enterprise of the Mitsubishi consortium.

It's just that Xia Yu also knows that peripheral companies like Pioneer Electronics Company, the Mitsubishi Consortium is simply not too much, if there is anything special, that is, the market value of Pioneer Electronics Company is relatively high and stronger!

Unconsciously, half an hour passed in a flash, and Huo Jianning came to Xia Yu's office again.

Xia Yu showed appreciation and praised Huo Jianning: "Jianning, you have collected this information in detail and with your heart." ”

Huo Jianning said modestly: "Thank you Chairman for the compliment, this is what I should do." ”

Xia Yu smiled, put the information on the table, and said to Huo Jianning: "I have also read the content, although the equity of Pioneer Electronics Company is scattered, it is difficult to acquire. ”

"What do you think about this situation?"

Huo Jianning had obviously thought about this problem, and he sorted out his thoughts and said: "Chairman, among the top 20 shareholders of Pioneer Electronics Company, 14 of them have deep business dealings, either with banks and insurance companies with capital lending relationships, or with Mitsubishi Motors and Mitsubishi Electric Corporation. ”

"Moreover, Pioneer Electronics Company also has a mutual shareholding relationship with some of these companies, although the shareholding ratio is not large, but the corporate legal person is a shareholder and director of each other. ”

"This also shows that these shares are mainly used for cooperation and linkage, not simply for investment, so it will be very difficult to acquire. ”

"Even if we do acquire the equity of these shareholders, it will bring hidden dangers to Pioneer Electronics, and the relationship with other companies will be unstable. ”

In addition, Pioneer Electronics is listed on the Amsterdam Stock Exchange in the Netherlands and the New York Stock Exchange in the United States, and a number of institutions in Europe and the United States also hold shares in Pioneer Electronics, which are purely stock investments, but can also make acquisitions cumbersome. ”

"Of course, there are disadvantages and advantages, and the listing of Pioneer Electronics on multiple exchanges will also facilitate us to secretly absorb funds, and the probability of being discovered is lower. ”

"If you're not looking to buy Pioneer Electronics wholly in your own hands, then I'd recommend buying from the secondary market in the name of multiple companies, unknowingly increasing your shareholdings, rushing into the top 20 and top 10 shareholders, and then buying out the top 20 shareholders who are not business dealers. ”

"Bang Bang Bang ......"

After Huo Jianning finished speaking, Xia Yu's applause rang out.

"The idea is clear and the executability is high. ”

Xia Yu said admiringly.

Huo Jianning smiled modestly and said, "It's still the chairman of the board of directors that you have cultivated well, but I don't know if my ideas can match your ideas." ”

Xia Yu said with a smile: "Your idea is very much in my heart, I don't want to buy Pioneer Electronics Company as a wholly-owned company." ”

"The main purpose is to play a role in improving the industrial chain. ”

"Car audio like Pioneer Electronics is what car companies need. ”

"LD player and related patents are what Tiangong Electronics needs in the future. ”

"Stereo systems and limited TV systems are also available. ”

As long as they have a stake in Pioneer Electronics and have an important voice, then automobile companies, electronics companies, electrical manufacturing companies and media companies in the United States have a solid supply chain in terms of product and technology supply, and there is no need to worry about being blackmailed by others in these fields in the future, or other problems will arise.

That's what strategic staking is all about!

The six major consortia of island countries rely on this model to invest in companies all over the world and open up all the industrial chains of various industries, and many possible constraints disappear in the bud because of a small number of shareholdings.

Xia Yu's Jiuding consortium has developed to the current scale to the extent that it is inevitable to rub shoulders with the world's major consortia, so this strategic shareholding model is undoubtedly the most suitable, spending less money but can play a role that is not too much.

Seeing that he had guessed the chairman's mind correctly, Huo Jianning became more and more confident, and he asked with a smile: "Chairman, what are you going to do?"

Xia Yu pondered for a moment and said to Huo Jianning: "Originally, it was more appropriate to hand over this matter to Wang Qi of Jiuding Securities Company to operate, but since you handled it, it will be handled by you, and you can also take this opportunity to exercise and deepen your understanding of the capital market. ”

Huo Jianning's eyes flashed with thought, and he nodded solemnly to indicate that he had listened.

Xia Yu continued: "The acquired equity is placed under the umbrella of Tiangong Electronic Salary, Tiangong Electric Appliance Manufacturing Salary, Tiangong Machinery Group and Tiangong Automobile Group and Jiuding Securities Company, with the purpose of deepening the influence on the board of directors of Pioneer Electronics Company. ”

"As for the funds, I will inject 100 million US dollars into Tiangong Group, and each of its four subsidiaries will share 25 million US dollars, and you can figure out the gap in funds. ”

"In order to facilitate your actions, I will appoint you as the acting chairman of Tiangong Group, and strive to remove the word agency as soon as possible. ”

Huo Jianning was pleasantly surprised, he took a deep breath to suppress the excitement in his heart, nodded heavily and promised: "Thank you for the new chairman, I will definitely not let you down!"

Xia Yu crossed his palms, leaned forward, and asked with a smile, "Do you have any questions?"

Huo Jianning thought about it, shook his head and said, "No!"

Xia Yu bowed slightly and said, "That's okay, you go get busy!"

"Goodbye, chairman!"

After speaking, Huo Jianning bowed slightly and withdrew from the chairman's office.

Looking at Huo Jianning's high-spirited state after going out, Xia Yu smiled.

He has always watched Huo Jianning's performance, whether it is assisting him in handling affairs or running Tiangong Electronics Company, he has performed very well, and the situation he was worried about has not happened.

That's why he will take advantage of this opportunity to rest assured to put pressure on Huo Jianning and continue to promote his growth.

I believe that it doesn't take too many teenagers for Huo Jianning to become his right-hand man who is completely assured and trusted!

PS: Today's two more 7,000 words, it's okay, so I have the courage to ask you for a recommendation ticket.

When I saw the list of manuscript fees today, I couldn't help but cry out with a wow, and I was sad!

In addition, I call on friends who watch pirated copies to support the genuine version, don't you know that there is a fan level title in the book review area......? Imagine that image for yourself