Chapter 352 Modu Securities

At the end of last year, Ford said it was interested in selling Volvo, but the $6 billion offer was a bit scary. Li Shufu, who saw the opportunity, immediately pounced. After the Chinese New Year, they passed the review of the National Development and Reform Commission, and their desire to acquire Volvo is not as simple as Qirui's acquisition of Saab, and the transaction of Galaxy Capital's investment in the acquisition of Saab has nothing to do with Qirui Automobile. Qirui's acquisition of Saab from Galaxy Capital only now requires approval, and Yin Tongyue believes that this will not be difficult.

Geely is said to have quickly approved the process and began negotiations with Ford. However, Volvo is not a declining brand like Saab, and even in the face of bankruptcy, Volvo has the help of the Swedish government. This is also related to the business philosophy of GM and Ford. GM's acquisition of an enterprise is generally to absorb the essence of the enterprise, whether it is technology or talent, and after squeezing it out, let them attach themselves to GM's entire structure. The acquired companies have largely lost their ability to be independent, with the exception of a few brands. Saab is clearly not an exception.

Volvo can be different, has a perfect industrial system, production and research and development of patented parts supply and sales channels, it can be said that there is everything, and Saab can not be said to have only an empty shell, but valuable things are also his patents and technology, research and development capabilities are subject to GM, it can be said that it has lagged behind the world's mainstream technology, but it is still of great value to Huaxia.

Geely, which has decided to buy Volvo, found Zhou Shi just to let Tianhe Securities play an auxiliary role, after all, he retains most of Lehman's business in Europe, in addition to Tianhe Securities, Li Shufu also wants to find an investment bank. He chose Rothschild, a well-known British investment bank, which has provided services for many transactions between Chinese companies, including China Mobile, China Unicom, Little Sheep, Alibaba, etc. Last year, the company was involved in China Unicom's $24 billion acquisition of China Netcom.

Zhou Shi did not say anything about Li Shufu's decision, and Volvo's acquisition journey is destined to be a long battle, and it will not go smoothly in the middle. Moreover, the Xuanwu Fund bucked the trend and has spent $500 million to acquire 6% of Ford's equity. Their reason is very simple, the three major American automobile companies, Chrysler and General Motors may file for bankruptcy one after another, and Ford has two less strong competitors in the United States, which can be said to be a great benefit, and from Ford's 2008 financial statements, Murali's Ford strategy has achieved remarkable results, and their business conditions have improved significantly. So now the probability of success of Ford is very high, and Zhou Shi approved their investment plan after thinking about it. Galaxy Capital can now be said to have achieved more than enough success. Even if Geely wants to skip them, he has to think about the consequences. Zhou Shi originally wanted to acquire some Geely Automobile shares in the secondary market, but unfortunately although his market value is very low, only 3 billion Hong Kong dollars, but Geely's daily trading volume is too small, only a few million Hong Kong dollars, even if he wants to acquire 5% of Geely's equity, it may take a long time, and it is basically impossible to achieve. Therefore, if you want to buy shares, you can only think of other ways to directly deal with Geely, such as debt-to-equity swaps, capital increase and share expansion, directional financing, etc.

"It seems that your business is very busy" Seeing Zhou Shi answer another call, Guo Guangchang couldn't help but speak. In addition to chatting with executives and employees at Spreadtrum and SMIC these days, Zhou Shi is here to chat with him. Geely and Qirui's affairs still need to be communicated in many ways, although specific matters do not require him to intervene, or even need him to sign, but someone always takes the opportunity to come to the door, and he pushes down many invitations. This time, it's not good to shirk it again, a grandson company under him. Analysys International's Oriental Fortune was actually valued by the magic capital and selected as a pilot company on the GEM, and he finally had a company that could be listed, but it was a small company that he had never paid attention to.

Oriental Wealth's information consulting, data services and fund sales have a leading advantage in China, and the number of visits is no worse than that of the old financial website. Although there is a certain gap between it and IND in terms of financial data, the authority of Analysys and strong financial strength have a bonus, making Dongcai the first choice for this industry in the GEM.

Zhou Shi met Shen Jun, and Analysys acquired Dongcai, but since it was listed, as the founder, he still stayed in the company, and he always had to be rewarded for his merits. The company's valuation is roughly 10 billion soft sister coins, the equity reward of the entire management is about 5%, and the next thing is to deal with all kinds of people who share the cake, Ye Yang also came to preside over this matter, they are ready to give up 10 ~ 15 percent of the equity to meet all kinds of people, and the IPO financing is also about 15 percent, after the successful listing, Analysys International will retain more than 68 percent of the shares. Zhou Shi was also thinking about whether to take out Dongcai and let the Sixiang Fund manage it directly.

"This can't be done, we have worked hard to develop him, how can we let others pick peaches. Ye Yang objected fiercely, and Shen Jun was silent, anyway, it didn't have much to do with him.

"But I feel like it's a bit of a waste for you!" Zhou Shi said bluntly

"You tell me, why it's a waste to give us" Ye Yang was even more angry

"I want Dongcai to acquire a securities company in the future, use Internet thinking, and become a full-license financial enterprise. For Analysys, it doesn't match your genes very well, and there are some restrictions on exerting Dongcai's strength. "Zhou Shi

Hearing Zhou Shi's words, Shen Jun's eyes lit up all of a sudden, and the whole person immediately became energetic, as if he was ready to speak at any time.

"Then I don't care, anyway, Dongcai is ours. Ye Yang played a scoundrel.

"Forget it, let's talk about it later. "Zhou Shi didn't want to compete with Ye Yang, a literati, and now he has also deteriorated a little, so he pays attention to these copper smells.

Zhou Shi originally thought that he had no chance to come forward, but he didn't expect SAIC's Chen Hong to find Zhou Shi again.

"Mr. Zhou, what I said last time now has eyebrows!" Chen Hong

"So fast?" Zhou Shi asked curiously

"One is that everyone is optimistic about your strength and wants to make a good relationship, and the other is that your Oriental Fortune is about to go public, and some of them want to play an autumn equinox. Chen Hong said bluntly

"As long as the goals are right, there's nothing wrong with that. "Zhou Shi

"Rest assured, they are very sincere, this brokerage is Modu Securities. "Chen Hong

"Modu Securities, this name, too ......" Zhou Shi was a little powerless to complain, is Modu Securities a direct agency of the Modu Stock Exchange?

"So you can change your name after you buy it!" Chen Hong

"It doesn't have to be a name change!" Zhou Shi looked at him strangely

"Hehehe!!" Chen Hong looked like he didn't care about himself

"Which company is this?" Zhou Shi

"Modu International Group!" Chen Hong

"Modu International Group, Guotai Junan wants to go public?" Zhou Shi suddenly shouted

Chen Hong looked at him in surprise and gave him a thumbs up: "You cow!"

(End of chapter)