Chapter 322: Aiding the Communist Party
What kind of image did the Chinese in the eighties of the twentieth century look like in the minds of Americans?
I am afraid that it will not be any better than China in the eighties of the nineteenth century -- of course, this has nothing to do with the actual situation in China, and no one can look down on himself because of other people's preconceived notions about himself, this can only be the fault of those who are biased.
In the eyes of Americans, the Chinese seem to be a race that is even more despised than blacks. It may not be pronounced, but in the bottom of my heart, the judgment of white people will still be disturbed by this image.
The Chinese either have pigtail braids or green uniforms with red books, preferably the same group of people who line up to get on and off the plane at the airport with stereotypical expressions.
Just like when Chinese talk about Indians, they have to shout a third brother and drink Ganges water. When it comes to Koreans, they are all cosmic powers, when it comes to the Japanese, they are all serious people in front of people and perverted dead houses after people, when it comes to Uncle Hei, they are all miracles of a thousand rounds of firefights and zero injuries in a whole day, when it comes to Germans, they are all clock-workmen like accurate clocks, and when it comes to Russia, they are all strong men who can fight bears......
Prejudice is everywhere and can silently influence people's judgments.
Even the facts in front of people are not as believable as the subtle and deep-seated prejudices that have been imperceptible for decades.
Even if you know in your heart that the other person is not that image, and even if there are many examples that the other person is the same person as yourself, the difference in appearance will still make people choose to ignore the facts.
It's blacks who will rap, Russians who will drink vodka, Indonesia who will massacre the Chinese, Australians who have swimming pools at home -- and. The Chinese in the eighties had never seen the world.
Is Heterophyllous Lake worth tens of billions of dollars? Of course it's worth it. If the other party is a U.S. company, or a European company. Williams or Motorola's top management can sit down and talk to each other without any pressure. Ten billion dollars? OK, no problem, I'm only going to get more anyway, and that's a good story in the business case.
But, OMG, give a Chinese company 10 billion dollars? It's not a question of whether it can be used as a case at Wharton, but whether it will be used as a joke by a talk show host!
How can a country with the United States, whose annual trade and exports are only more than $10 billion, enjoy such a feast?
Motorola will be a joke.
That's a group of Chinese. What do they have worth 10 billion dollars? Come on, is Motorola funny in the head, or is it reduced to the point that even the Chinese can't compare with the technological research and development capabilities?
It is conceivable that if this deal is reached with $10 billion, when Motorola discloses its financial report next, it will wait for the public opinion in the whole society to be turbulent and the stock price will fall off a cliff! Shareholders and citizens sometimes do not read technical documents and market analysis, they will only judge right and wrong by their past impressions.
What's more, even Williams himself has not experienced the psychological factor of shame. was pressed by Hu Wenhai to sign a supplementary agreement, and it is not an exaggeration to say that it is a great shame in life. The reason is simple. If the opponent is white, it's an American. If you lose, you should only take the blame for yourself, and you are willing to gamble and lose.
But the opponent is only a twenty-year-old Chinese who has just arrived, and Williams did not turn the other party around, how is this not a great shame?
It's like playing Warcraft, greedisgoos and whosyourdaddy in hand, and as a result, a WCG pro player is pushed flat by the simplest computer, will it make people angry and smash the computer?
Reason at this time, it is not surprising that it is offline.
Although no one in Motorola's top management said it explicitly, subconsciously, no one could accept the asking price of 10 billion US dollars. It's not about commercial considerations, it's purely about the collective unconscious. The source of this collective unconscious is buried under the sleepers of American railroads.
Prejudice is like a blind leaf, which can be seen from Motorola's attitude towards ST and Hu Wenhai from the beginning. Whether it is the bid to buy out the water lithium battery patent at the beginning, or the small actions in the cooperation, and the current serious undervaluation of the shares of Yizhuhu Company, the root cause is contempt for the Chinese.
Why do a group of yellow-skinned monkeys who should be coolies take so much money?
Even if he has been repeatedly slapped in the face by reality, Williams still doesn't think the other party has anything remarkable. The ones he has the most contact with are the Chinese interns who work in Motorola's fabs. These Chinese may be industrious enough, but their poor knowledge and poor standard of living prevent Williams from treating them as equal personalities. The image of these rural buns seriously neutralized the alternative experience that Hu Wenhai brought him - the scars were good and the pain was forgotten.
Having just struggled out of the quagmire of the planned economy, even if Hu Wenhai is a little clever, how can the Chinese understand what capitalism is? If you take out two scattered hands a little, you will definitely be able to put the Chinese into obedience and respectfully hand over the benefits.
This is what Williams thinks in his heart, and even the collective feeling of the entire Motorola executives, except for the opposition of Addison, who has the most contact with Hu Wenhai.
Williams never thought that Hu Wenhai had any other option than to surrender.
So when the unexpected happened, he didn't even realize that it was DuPont playing it.
However, this is no secret, when Hunter DuPont acquired the patent for the industrial manufacturing method of ion permeation membrane from the Gaddari Group, it was already a conspiracy on the surface.
But things have progressed to this stage, and Motorola can't do anything about it.
Unlike Motorola, DuPont's product line and capital strength are not at all an order of magnitude. Faced with the same amount of transactions, DuPont can offset the production of products such as technology and equipment, and the cash, stocks and bonds can only be "only" $3 billion. At least on the surface of the deal, it's much better looking than Motorola.
DuPont's request to acquire the Gaddari Group is undoubtedly a recipe for exhaustion. Since then, DuPont has relied on its extensive network of power. The R&D plan for the third generation of lithium water battery was announced. and the listing of the Gaddari Group after the acquisition. A complete plan to promote the reform of battery energy.
For a time, Americans' newspapers, radio, and television were full of the superior performance of the three generations of lithium water batteries, as well as the energy industry revolution that can be brought about by the promotion of the three generations of lithium water batteries. Taking advantage of this shareholder wind, the forces within DuPont that originally had some disagreement with the acquisition of the Gaddari Group gradually died down.
The manufacturing technology of large chemical equipment is exported, and DuPont has finally nodded its head.
On the contrary, Motorola is facing the deadline of the annual report of listed companies that is getting closer and closer. The stock price has strangely started to dive off the cliff.
Inside Motorola, DuPont was caught off guard. Although DuPont was immediately filed in federal court for breach of the commissioned development agreement, this lawsuit was protracted and could not shake DuPont's front.
The rogue face of the old consortium is undoubtedly revealed.
Within Motorola, Williams, who has only been in office for less than half a year, is facing the most difficult moment of his career.
"Three billion dollars in cash, stocks and securities, and the rest in equivalent payments for five billion dollars in technology and equipment. At present, 30% of the Gaddari Group's shares are already owned by DuPont, and once the transaction is completed, there is nothing we can do to prevent DuPont from entering the lithium battery market. β
Williams nodded, "Thank you Director Kevin for the introduction." Do you have any good advice for the current situation?"
Kevin is the Head of Market Intelligence at Motorola. It's easy to hear the business news that has surfaced. Even the European laboratory, which traded the technology for the industrialization of ion permeation membranes with the Gadari Group, was checked by him, and a clear vein linked the laboratory to DuPont.
DuPont has long accumulated the technology of permeable membranes, and ion membranes are widely used in salt chemical industry and chlor-alkali chemical industry. In particular, the ion permeation membrane of the third generation of water lithium battery needs the core technology of proton exchange fuel cell, in this field, DuPont is a well-deserved leader, the whole United States, and even the world in the eighties only DuPont has this technology.
After the 21st century, very few companies such as Asahi Ka of Japan will be able to compete with DuPont to a limited extent.
And the ion permeation membrane DuPont commissioned by Motorola lost to an unknown laboratory in Europe in terms of progress, which is really shameful.
Williams, who was already a little panicked, had to send a plea of help to the executives in the conference room, hoping that they would have any good ideas.
However, I am afraid that there is only endless bad news waiting for him.
"Mr. President, I think as the Group's Chief Financial Officer, I must point out an impending crisis. Our 1985 annual report was not bad, in fact it was the opposite. Outstanding success in the mobile communications and rechargeable battery sectors should have a good upside effect on our share price. However, the general reaction in the stock market recently is that the stock price has continued to fall, with a large number of stocks changing hands, and I suspect that ......"
The suspicions of the financial director Caroline were not spoken, but the conclusion was already in everyone's minds.
Needless to say, there are major shareholders in the market who are shipping.
"Could it be a means to suppress the stock price before the annual report is disclosed?"
"There is not much time left for us to submit our annual report, and if we want to buy on dips, it will not be such an inconspicuous decline and large trading volume. Caroline shook her head in disapproval.
The news leaked, and there is nothing more to say. If Williams wants to sit in the CEO position, he must change the situation.
Obviously, the main reason for the decline in the stock is precisely because of Motorola's strong profitability in the rechargeable battery market in the previous year. Under normal circumstances, with such a high-quality asset, Motorola's stock would jump by one-third to one-fifth, to say the least. Now Motorola is facing possible strong competition from the Gadari Group in the rechargeable battery market, once the third generation of water lithium battery is put into production, the current generation of water lithium battery has no advantage at all, which in turn has formed a serious market disappointment for the future of Motorola.
"What if...... Can we mend our relationship with ST?" said one executive with some hesitation: "I have been in contact with Mr. Hu in China, and it is clear that he is not averse to transferring shares of Yizhuhu to us, but there is a difference in price. If we could offer a higher price than DuPont and also own a 50% stake in the Gaddari Group, the situation would not be too bad. β
The proposal caught the eyes of everyone in the room. I couldn't help but nod. 50% stake in Gadari Group. Plus 50% mastered by Motorola, a different lake company. In this way, Motorola has 75% of the shares of Yizhuhu Company, which is enough to form an absolute advantage and controlling interest in Yizhuhu Company, and any major affairs can be decided in a word.
In many companies, the board charter is not a simple 51% majority, but requires three-fourths or four-fifths of the voting rights to approve major decisions.
With 75% of the shares of Yizhuhu Company, Motorola is equivalent to mastering the basic patent of water lithium battery and has sufficient capital to negotiate with DuPont.
"But our previous approach has seriously offended the Chinese, right?"
"So I guess we need to show some sincerity, President Williams. What do you think?"
Williams had a tangled look on his face, and the offer was undoubtedly a slap in the face. But compared with face, it is obviously the vote that is more important.
If the impact of the Yizhuhu incident cannot be reversed, his position as the CEO may be over. It's a pity that he's only been sitting in this position for half a year, and he hasn't even heated up his chair.
"What sincerity do the Chinese need? Raise the purchase price, or stop our 'recruitment' among Chinese interns?"
"I'm afraid the price is not suitable, Motorola's capital is ...... compared to DuPont"
Executives shook their heads, it was DuPont, one of the top time-honored conglomerates in the United States. Motorola is powerful though. But it can't be called an empire yet.
"Then only the fab side can start. Williams thought for a moment and turned to look at Addison, "Mr. Addison." Could you please go and talk to Mr. Hu and see if there is anything we can do to help?"
Williams had previously called Hu Wenhai to the headquarters in a high-spirited manner and lined up to conduct a "three-hall trial". As a result, I didn't expect to be slapped in the face by the news of the Gaddari Group, and now I really have no shame to face him again.
And Addison was the only high-level executive with reservations, and the relationship with Hu Wenhai was relatively not so tense. It should be appropriate for him to come forward to do this and make peace.
Addison also knew that now was not the time for himself to be proud, so he nodded his head and took the job.
At the end of the meeting, Williams sat in the center and watched the executives disperse. In their gaze, however, he clearly felt that his authority was collapsing.
"Mr. ......"
"I'm fine, let me be alone for a while. β
Williams shook his head at his secretary and looked at the empty conference room.
His ambition has finally climbed to this position, is this the end of it?
"Chinese? I won't just throw in the towel. Williams' eyes lit up suddenly, and he turned around and rummaged through the pile of papers on the desk for a long time, finally finding the documents sent by the intelligence director.
"Manufacturing technology for large chemical equipment?"
Williams had the words in his mouth: "Fab operation technology?"
"F-14 trade into China?"
A chain of intel was strung into a necklace and presented in Williams's mind. ST, Hu Wenhai, and the current business environment in China, the identity that had been confirmed for a long time was remembered by him again.
This Hu Wenhai is clearly the personal white glove of the Chinese government. Behind these projects is the shadow of the Chinese government. Without the support of China's state-owned enterprises, what is the use of the manufacturing technology of large chemical equipment? The terms of this equivalent deal are clearly tailored to China's domestic economic conditions.
Case......
"Hey, DuPont, you're going to help the Communists, won't I?"
"Get Mr. Addon back for me!"
......
This is not the first time that Hu Wenhai has received a commercial counselor of the Chinese Embassy, he even lived in the consulate for a period of time, and he has not been in contact with this Counselor Qian a lot at all.
"I am now a little worried about the introduction of domestic fertilizer plants, if the Planning Commission can come forward to slow down the introduction of domestic large fertilizer equipment, and when I complete this transaction, domestic enterprises have mastered the technology of domestic large fertilizer equipment, I believe that it will definitely save a considerable amount of foreign exchange for the country." β
Counselor Qian was like a primary school student, holding a notepad and keeping the record in his hand: "Okay, I will report this matter to China." In addition, experts have been urgently organized in the country. Conduct a thorough investigation of chemical equipment technology. A maximum of one week to half a month. A catalogue of the technologies and equipment needed can be sorted out. As for the introduction of PX projects and PI technology, the state is also seizing the time to discuss. Coal chemical industry and petrochemical technology will also step up their connections. β
"Oh, that's good. Hu Wenhai nodded, DuPont is a giant in the chemical industry, and that's all the oil and water that can be squeezed. It's not easy to scrape together a $5 billion job list. Which technologies are at what level in China, and which technologies need to be introduced. This is all due to the fact that no other force than the national ministries can compile this information.
Of course, these technologies and equipment will not be directly handed over to the relevant ministries and commissions, but will be calculated as investment in the capital of China Railway Construction Investment Bank. It is up to the China Railway Construction Investment Bank to decide how the equipment and technology will be used.
This is also the fundamental reason why Hu Wenhai has to spend his time to set up China Railway Construction Investment Bank, without this platform, he will not be able to wrestle with these ministries and state-owned enterprises. Either he doesn't want to engage in these industrial equipment and technologies, or if he gets them back, it will be the result of being carved up by the country.
But for the current state-owned enterprises in China, Hu Wenhai really has little confidence. It is said that it is not painful for the cub to sell his master's field, and this thing that fell from the sky, can those state-owned enterprises in China that are accustomed to being uncles cherish it? Do not carefully and carefully inspect the management and technical level of the enterprise, and even the follow-up technology research investment. Hu Wenhai will never give these technical equipment to others.
With the platform and background of China Railway Construction Investment Bank, what he says will be carefully listened to by these "bureaucrats".
Hu Wenhai finally made a straight face: "My request is still the same one, the three billion US dollars in cash traded by DuPont can be returned to China, but it can only enter the account of China Railway Construction Investment Bank." β
"This matter is still being discussed and studied by the Economic Committee...... Counselor Qian was obviously a little embarrassed, but he still nodded: "I will send Mr. Hu's request back to China, and ask the superiors to make up their minds as soon as possible." β
"Then I'll hear the good news from Counselor Qian. β
As soon as Hu Wenhai sent Counselor Qian away, Lu Yinglong, the future father-in-law on the back foot, walked in with a red face.
"Mr. Hu, good news! Motorola has stopped absorbing our interns, and those who have changed jobs before have also made it clear that they will not accept them. No, their technical director, Addison, personally sent the termination documents. He wants to meet you and show Motorola's sincerity. β
Speaking of this, Lu Yinglong showed an obvious expression of disdain and sneered: "Hey, Motorola's sincerity." β
"Uncle Lu, don't care too much, there are no eternal enemies and friends in the mall. Hu Wenhai was not surprised, nodded and said, "Let Addison come over, I'll see what oil and water Motorola has." β
Lu Yinglong was dumbfounded: "Mr. Hu, see you now? This Motorola has reversed itself, it's really not a thing." β
Hu Wenhai nodded: "Don't hang him, see you now, let's not engage in those small means, we want to be atmospheric!"
During this time, Lu Yinglong really suffered a lot from Motorola, Motorola can talk about money, treatment, green cards, and social environment, while he can only talk about ideals, spirit, sacrifice and dedication, and many people have long been tired of listening to these "clichΓ©s". The person who changed jobs simply was, in a sentence of later generations, don't talk about ideals and money, Lao Tzu's ideal is to be rich!
Finally, this Jedi turned over, raised his eyebrows, and said that Lu Yinglong didn't have a stomach for Motorola, how could it be?
Motorola's technical director personally came to terminate the contract with the job-changers - to give the company a lot of damages for breach of the work agreement, and after getting the work agreement of these workers, he simply tore up the promised conditions. More than 40 interns who were about to change jobs were dumbfounded on the spot, and they became "lonely ghosts" without organization.
Lu Yinglong nodded when he heard this, and then asked, "Also, Mr. Hu, how do you think these interns who change jobs?"
"Let them continue to intern, but the status of regular employees will be forgotten. If you are willing to continue working in the new section, you should become a temporary worker. β
"Okay, let them be temporary workers. Lu Yinglong showed a smile on his face, and he also took a breath in his heart. If this group of people is not dealt with, then how can they be worthy of the others who have withstood the test? Hu Wenhai's decision can be regarded as setting a rule.
Lu Yinglong turned to leave, and after a while, Addison's voice rang out at the door.
"Mr. Hu, I have good news for you!" )