CHAPTER XLIII

In a country with strict hierarchies, Japanese staff members often make surprising moves of "getting down and going up" while rigidly following the instructions of their superiors.

Perhaps it is the influence of the "gambling on national luck" gene brought about by the culture of the island country, and the Japanese people are more accustomed to reasoning and computing according to their own wishes, and wishful thinking hopes that things can develop according to their own ideas. As a result, the "lower and higher" has the support of "theory", and it has been repeatedly banned at the upper and lower levels of the country.

The cooperation with the Chunghwa Group, Mitsubishi Motors is not monolithic, let alone within the larger Mitsubishi consortium.

Many of the young men of the company believe that Mitsubishi Motors has its own dignity and pride, and that it can survive this crisis with the support of the Mitsubishi Foundation.

Mercedes-Benz has a long history and strong strength, and is still one of the most influential automotive companies in the world. Selling Mitsubishi to the Germans, they acquiesced in the deal because they admired the culture of the strong.

When Mercedes-Benz did not save Mitsubishi Motors, it was they who took the lead in launching the "Mitsubishi Save Mitsubishi" action, calling on the Mitsubishi consortium to come forward to save Mitsubishi Motors in danger.

Later, the incident turned out to be as they wished, and several major companies under the Mitsubishi consortium jointly injected hundreds of billions of yen into Mitsubishi Motors, pulling Mitsubishi Motors back from the bankruptcy line. They took Mitsubishi's resurrection as a credit for their own private operations and initiative.

In 2004, in order to save Mitsubishi Motors, the top management formulated a "three-year revival plan", intending to rely on the strength of the Mitsubishi consortium to revive Mitsubishi Motors in three years, but unexpectedly, it lost money for two years in a row.

Against the backdrop of expected losses in the next two years, the Mitsubishi consortium has moved the idea of selling Mitsubishi Motors, which has greatly dissatisfied the young Zhuang faction.

In particular, the object of sale may be Chinese, which makes them, accustomed to the culture of the strong, unable to bear to let Chinese cars, which have always been regarded as weak, enter Mitsubishi, which is an insult and tarnished the Mitsubishi brand.

The campaign to launch "Mitsubishi Save Mitsubishi" was successful once, and now they have launched a campaign to save Mitsubishi again, with only one purpose: that is, not to let Chinese enter Mitsubishi Motors!

As soon as Han Hao left, Mitsubishi Motors' Shaozhuang employees released photos of Han Hao's meeting with the company's senior management to the media, and even obtained a translation recording of the meeting to prove that the two sides had indeed exchanged views on the sale of Mitsubishi Motors.

In front of the cameras of many media, the Shaozhuang faction showed the courage to kill himself. Even if they will be fired by the company or even thrown into prison, they think that they are using the most correct means to save Mitsubishi Motors.

First of all, they appealed to Mitsubishi Motors and even the top management of the Mitsubishi consortium to cancel the negotiations with the Chinese, and claimed that they were unwilling to work for the Chinese on behalf of all grassroots employees; second, they appealed to the government not to allow Chinese to enter the Japanese automobile industry to prevent the loss of core technology, thereby endangering national economic security; they again asked the Japanese Automobile Federation for help, asking them to unite to stop Mitsubishi Motors from selling to foreign countries, and not allowing Mitsubishi Motors assets to be lost, resulting in side capital enemies cultivating strong enemies for their own automobile industry!

Originally, Han Hao's meeting with Mitsubishi was semi-confidential, and the two sides agreed to keep a low profile until an agreement was reached.

Unexpectedly, there were spies inside, and every move was exposed in detail, and the whole incident was exposed to the public at once.

Unlike the Chinese, whose dissatisfaction with Japan is concentrated in the field of history, the Japanese side is wary of China mainly in the economic aspect, and in recent years, with the accession of China's economy to the TO, Chinese companies have begun to become strong opponents of Japanese companies.

In the white goods industry, which the Japanese side is proud of, the Chinese are pressing step by step, and the Japanese brands are somewhat unable to resist.

Now the Chinese have turned their minds to the Japanese ace car industry, which makes them emotionally unable to accept it calmly throughout the country.

Historically, Mitsubishi has created South Korea's Hyundai-Kia Group, which is now competing with Japanese brands globally, through technology transfer. Unexpectedly, now Mitsubishi, the troublemaker, plans to sell the company to the Chinese, which may add another strong competitor to the domestic car!

All of a sudden, the cooperation between Mitsubishi and Chunghwa Group in the automobile industry has become the focus of discussion among the government and the opposition throughout the day!

As soon as Han Hao returned to Jiangzhou, he received the news that the negotiations were leaked, and the Mitsubishi Shaozhuang faction showed detailed evidence, and there was no room for denying the facts.

When he heard it, he knew he was in trouble!

The cooperation between Chunghwa Group and Mitsubishi Motors can be made public to the public, but not in such a form.

The tone of things at the beginning determines the direction of the wind in the future. Now the exposure is obviously developing in an unfavorable direction, especially being instigated by the Young Zhuang faction and combining it with national feelings.

You must know that the acquisition of Japanese brands is also a sensitive topic in China, and even a well-informed figure like Ling Yunzhi has a pimple in his heart, let alone other ordinary Chinese.

The same thing can be viewed differently from different angles.

The good thing about acquiring Mitsubishi Motors is that it can acquire Mitsubishi, a world-renowned brand, and can obtain key technologies in engines, sedans and SUVs. In addition, it can enhance the scale of Zhonghua Group and achieve the rank of the world's top 10.

The bad side is to use Chinese money to save Mitsubishi Motors, which is about to go bankrupt, and there is a sense of immediacy as an enemy. Moreover, Mitsubishi is a company that has caused a "brake door" quality problem, and it is not good to engage in Chinese's own brand, but to buy car resources from countries with poor relations with China, which is easy to arouse the disgust of the people.

Originally, the Zhonghua Group could take the initiative and rely on guiding public opinion to gain support, but now it has been stirred up by the Japanese side, and things are completely chaotic.

Han Hao contacted Mitsubishi as soon as possible, hoping that the two sides would keep in touch and not let the cooperation be affected by these accidents.

Judging from the current situation, the alliance between Zhonghua Group and Mitsubishi Motors is a win-win move.

The Japanese side simply replied and agreed to continue to maintain contact, but only after dealing with the boiling public opinion in the country.

This sudden accident also interrupted Han Hao's negotiation with Goldman Sachs about the share purchase, and the two sides have always believed that they will continue after the situation is clear.

Han Hao was afraid that after a rash purchase, he would become the target of public criticism and be condemned, while Goldman Sachs thought that after learning the news, a new competitor would emerge and he could sell at a higher premium.

Things soon exceeded Han Hao's expectations, Mitsubishi Motors, as a banner of Japanese brands, involved the national feelings of the country, and many people in Dongying regarded it as a high level of national interests and dignity.

First of all, the grassroots employees of Mitsubishi Motors expressed their dissatisfaction, the automobile industry association also expressed concern, and the Japanese government also said that it would take the lead in the investigation, and the matter became bigger and bigger.

Many well-known people have said that Mitsubishi Motors should not be sold to Chinese, and if it is to be sold, Japanese capital should take over.

For this reason, the Mitsubishi Motors Union even organized workers to protest in the form of strikes, demanding the termination of negotiations with the Chinese.

Domestically, pressure to acquire Mitsubishi Motors has also followed.

First of all, the National Development and Reform Commission sent a letter asking why Zhonghua Group did not report before negotiating with Mitsubishi Motors, knowing that domestic auto companies must get the country's "road" to go overseas for mergers and acquisitions.

Although the NDRC spoke in a calm tone, it still felt disrespectful dissatisfaction from the official letter, because Zhonghua Group did not comply with the country's overseas M&A regulations and declared the project in advance.

This was followed by many industry insiders singing about the merger and acquisition of Mitsubishi Motors, believing that Mitsubishi Motors is now riddled with scandals and serious losses, and the Chinese have been wronged in sending money in the past.

SAIC's integration of Ssangyong Automobile is once again regarded as an example, believing that Chinese auto companies should first do a good job of internal strength, rather than rushing to go to sea to pay tuition.

Even Mitsubishi's two major domestic joint venture partners urgently sent people to Mitsubishi's headquarters to ask for an explanation of the cooperation with the Chunghwa Group. Incidentally, Southeast Motor proposed that they could also invest in the purchase of Mitsubishi Motors' shares, with the strong support of the local government, and the Japanese side did not need to cooperate with Han Hao. They are more than willing to pull Mitsubishi Motors in times of crisis and make the cooperation between the two sides even closer.

Finally, there is a voice circulating on the Internet, some people believe that the Mitsubishi Foundation is the force behind supporting the Japanese military industry, and the cooperation of the Zhonghua Group with the other side is an act of traitor to the enemy.

Chung Hwa Group has always been the pride of China's national enterprises, and now this big-eyed pioneer is betraying his faith and calling on all consumers to boycott Chung Hwa Group's products.

Although such an argument is not an official conclusion, it has been disseminated through the Internet and has been echoed by many people within a certain range.

Regarding these doubts, Han Hao dealt with them in a low-key manner, planning to wait for the limelight to pass before continuing to cooperate with Mitsubishi.

Unexpectedly, Mitsubishi's top management could not withstand the pressure and announced that they had terminated negotiations with the Zhonghua Group, that they were not willing to sell Mitsubishi Motors to the Chinese, and promised to keep Mitsubishi in Dongying soil forever.

Such a public statement has actually reversed the verbal agreement reached when Han Hao went to Japan, and it is no longer possible for Mitsubishi Motors to be sold to Chinese capital.

Because no one can bear the wrath and opposition of the whole country alone!

Once again, the young Zhuang faction in Mitsubishi Motors achieved a counterattack, and their bottom-up resistance was once again successful, and they believed that they had saved Mitsubishi Motors, which was about to fall into the clutches of the Chinese. Within the company, they are known as heroes, and many have been promoted for it.

But is that really the case?

The original win-win situation suddenly dissipated, Mitsubishi Motors will continue to grope for revival in the dark, and Zhonghua Group has also lost the opportunity to take advantage of the opportunity to become a global top 10.

Such an outcome made Han Hao's merger and acquisition plan that he had not planned with great difficulty come to an end, and it also hit the enthusiasm of Zhonghua Group to go overseas.

However, the road has to continue to move forward, because since you have chosen a distant place, you must go through thick and thin without regrets. Han Hao's dream of becoming a global automobile hegemon will not be interrupted, and he will continue to explore it.

At least, there was still good news coming after a while, which slightly calmed Han Hao's frustrated heart.