Chapter 203: The Battle for Takeovers
Chapter 203 Acquisition Battle
"Hu Zong, the patient needs to have a re-examination of coronary angiography within half a year after surgery, and regular re-examination in the future is fine. Again, good living habits, moderate exercise and avoiding overexertion are the fundamentals of the body. Well, in fact, the patient is just a heart stent, you really don't have to invite us all the way, the cost performance is too low."
The medical team stayed for an extra day, and Huang Xinpei's indicators were normal. Of course, there will be a downtime, but it won't be too long.
The day before leaving, Hu Yang asked the three members of the medical team to go skiing and horseback riding in Shuixigou. In the evening, a banquet was held at the horse farm to entertain them, but Zhuang Yifan, who had always been very serious, suddenly made a joke.
"Haha, Director Zhuang, we didn't know if we needed heart bypass surgery before you came, I really don't know if we need to do heart bypass surgery. Besides, whether you need to place a scaffold or not, you have to listen to the opinions of experts, and there is a lot of knowledge in it. ”
In the future, people's living standards have improved, and the number of people suffering from wealth and nobility has increased. But there is a problem with this, not all similar patients need to have a heart stent fitted.
The condition is not too serious, and it can be recovered naturally after medication. In more severe cases, heart bypass surgery may be required. Only in a small number of cases will the bracket be installed.
This raises the question of whether it is based on the patient's wishes, or the hospital's wishes, or on objective criteria.
Therefore, Hu Yang did not think that it was unnecessary for him to invite Dr. Zhuang and his entourage, but it was very necessary.
Zhuang Yifan couldn't help but wonder, he knew that some medical devices exaggerated the effect of use, but it was not easy to say it openly.
After sending Zhuang Yifan and his party away, Hu Yang went to see Huang Xinpei once. didn't say anything else, only said that let Huang Xinpei recuperate, and he would leave for Fengtian immediately.
During this period, Hu Yang also took the time to invite Li Kaiwei to a meal. During the banquet, Li Kaiwei did not talk about cooperation, this matter still needs an opportunity, it is better to wait for the meeting in Xiangjiang in the future.
The cold winter has arrived, and Populus euphratica came to Mukden for the second time.
"Hello Hu Zong, let's meet again. ”
It was Wang Tianming who greeted the three of them at the airport, and the vehicle was provided by the West Electrical Research Institute.
At this time, Wang Tianming is no longer the unlucky look he was back then, the whole person looks refreshed and dressed very decently, but the smell of technology nerds on his body has not changed.
"Wang Gong, I haven't seen each other for two or three years in a blink of an eye, right?
"It's all good, it's all good. Xia Xue often talks to you, saying that our family is blessed by you. It's cold outside, let's get in the car first. ”
Wang Tianming turned around and led the way, and the car stopped not far in front.
"Hu Zong, you and Wang Gong get in the car together, let Li Jie sit in the co-pilot, and I'll take a taxi behind. ”
The institute only sent a car to come, and Han Wen didn't want Hu Yang to feel too crowded, so after putting down his luggage, he went to take a taxi.
Hu Yang felt that it didn't matter if he was squeezed, but he couldn't resist Han Wen in this regard, so he had to follow him.
rejected Wang Tianming's invitation to eat at home, and Hu Yang and the three stayed directly in the hotel.
In the afternoon, he needed to take a hard look at the minutes of Huang Xinpei's previous negotiations with the other party, and meet with the personnel in charge of specific matters at Sit Electrician.
As it stands, Siemens' offer is not low. Hans, the negotiator on the other side, has been promising to introduce ultra-high voltage direct current transmission and transformation technology to the new company after the completion of the acquisition, so as to build Fengtian Transformer Plant into a world-class manufacturer of power transmission and transformation equipment.
Fengtian was a little tempted, and the price offered by the other party to pay 23.7 billion yuan in cash was also good, but other aspects were not satisfactory.
Around 1990, Fengtian Transformer Factory had introduced a number of foreign technologies, including the design and manufacturing technology of Siemens' 500 kV converter step-up transformer and plus or minus 500 kV DC converter transformer, and the introduction cost was 4 million US dollars at that time.
Of course, various technologies have been digested and absorbed by the Fengtian transformer plant. But this expense should not be classified as an intangible asset in Hans's opinion.
This part of the intangible assets [technology, patents] reflected in the books is 49.18 million yuan.
More importantly, Siemens is only willing to acquire the core assets of the Fengtian Transformer Plant, and does not care about other historical burdens.
If this is not the case, it is estimated that Siemens has reached an agreement with the Mukden transformer plant.
The price given by Huang Xinpei before was slightly higher than Siemens' bid, but he recognized the part of intangible assets, but there was still a gap with Fengtian's expectations.
In general, Mukden is more inclined to Siemens' acquisition plan.
"Hey, this Mr. Huang, he was confused for a while. That's not how the account is calculated. ”
Hu Yang sighed secretly, the situation of the Fengtian Transformer Factory was completely different from the situation of the Hengzhou Transformer Factory back then.
The technology of Hengbian is relatively backward, and Fengtian Transformer Factory has successively introduced the technology of Alstom and Siemens, which is worthy of the status of the leader of the domestic power transmission and transformation industry in terms of technical strength alone.
But Hu Yang can also understand Huang Xinpei, after all, Xite Electric is a listed company, and his every move has attracted much attention. If it is acquired, but if the non-performing assets are bought together, the stock price must not fall to the floor?
In addition, the acquisition activities of listed companies must be announced at every step, which is really difficult to conceal.
This is also the key to Hans's advantage.
In that time and space, TBEA obviously successfully acquired the Fengtian Transformer Factory, why is there such a big deviation now?
Hu Yang's brain hurt when he thought about it, and it took a long time to clear his thoughts.
One of the most important is the timeline. Thanks to his involvement, Sit Electrician developed faster than he remembered. For example, the listing of Sit Electric was several years ahead of schedule, and the acquisition of the Fengtian Transformer Plant was also several years ahead of schedule.
If memory serves, before SET successfully acquired the Fengtian transformer plant, the Fengtian transformer plant was also acquired by TEPCO once.
That time, it was Siemens, TEPCO and a private enterprise in Jiangsu and Zhejiang that competed together, and finally won to TEPCO.
But only two years later, TEPCO, which was listed on the Xiangjiang Stock Exchange, was almost delisted because of huge losses, so it kicked out the Fengtian transformer factory.
Subsequently, it was only after about 2000 that TBEA defeated Siemens and officially acquired the Fengtian Transformer Factory.
"Sure enough, there is still a butterfly effect, and due to my intervention, the development trajectory of Sit Electric has deviated. There's no point in waiting now, who knows what the future holds?"
Populus did not have the ability to change the trajectory of history, but at least he influenced the development of a company.
"Mr. Xia, you inform Mr. Mu that tomorrow you will try to take an early flight to Fengtian, there is something important. Well, remember to bring a few employees who are good at mergers and acquisitions. ”
Hu Yang is not fighting alone now, he has a strong team. The project department and the risk assessment department not only have experts in investment and risk control, but also talents who are good at mergers and acquisitions between enterprises.
It is related to the merger and acquisition of a large backbone enterprise, and it is not something that he can play alone.
Following.
Hu Yang rented a small conference room in the hotel and held a discussion meeting in the afternoon.
Regarding the information about the acquisition of Fengtian Transformer Factory, Mu Shaoqing and his two subordinates have already memorized it.
As for Xia Bing, it was because she came out of the Fengtian transformer factory after all, and there were some things that she needed to contact and collect information from.
"Hu Zong, I suggest that the entire acquisition should be broken down into two steps to complete. The first step was to set up a new company to acquire the effective assets of the Fengtian Transformer Factory. The second step is to increase capital and shares, introduce SET Electric as a new shareholder, and complete the comprehensive acquisition of Fengtian Transformer Factory. ”
Due to the relatively short time, Mu Shaoqing only had the prototype of the plan in his mind, and the specific plan would take several days to come out.
Hu Yang only felt that his eyes lit up, Mu Shaoqing's plan seemed familiar, with the shadow of the original time and space, and the final acquisition plan of Xite Electrician.
"Hehe, digging Mu Shaoqing into the company, I really picked up a treasure. ”
Hu Yang secretly poked and laughed, the annual salary of 100,000 yuan recruited Mu Shaoqing, it is really not a loss.
"What about the debts, what about the resettlement of people? It's impossible for you to take the core assets and leave a mess behind. In this way, Mr. Mu, you discuss it with your people first and come up with a plan as soon as possible. Mr. Xia, tomorrow you will accompany me to visit various banks to see if there is any precedent for such a thing as partial reduction of overdue loans. ”
The reason why Fengtian Transformer Factory has fallen to this point is that its operation and management are on the one hand, and on the other hand, it is burdened with heavy debts, and it is no longer able to turn over just by virtue of the enterprise itself.
The contact with the bank was just a temptation. SET Electrician is not Siemens, and he cannot completely ignore the historical baggage of the Fengtian Transformer Factory and the placement of personnel.
If you follow Huang Xinpei's thinking, SET ELECTRICIAN will not have any advantage, and the final result will naturally be pressed by Siemens to rub underground.
Two days later, Hu Yang left for Yangcheng, while Xia Bing, Mu Shaoqing and others stayed in Fengtian.
Now, the plan for the acquisition of Fengtian transformer plant is becoming more and more mature, and the specific implementation can be completed by Mu Shaoqing and Xia Bing.
As the helmsman of the enterprise, Populus euphratica naturally returned to the headquarters.
However, Hu Yang still has to discuss this acquisition plan with Huang Xinpei, so he is not in a hurry for the time being, and will talk about it when he recovers.
"Awen, you ask Xiao Wu, how is the matter of the three monkeys looking for a store?"
In the two days after returning to Yangcheng, Populus euphratica spent most of his time in the company. There is no way, the two giants of the company are in Mukden, and he, as the boss, can only go into battle in person.
At this moment, he suddenly remembered that Liu Donglai wanted to open a store in Yangcheng.