Three days later.

In the office of the North American branch in San Francisco, Lin Qi met with representatives of Sony and Panasonic.

Sony and Panasonic took advantage of the decline of Xinfei Electronic Technology Company and ate a lot of stocks.

But the Xinfei electronic plate is too big after all, even if it plummets, it has a market value of $38 billion. As a result, Sony and Panasonic each invested $3 billion, a total of $6 billion in large purchases. However, the combined shareholding of the two companies accounts for only 15 percent! It cannot shake the controlling position of the Xinchuang Electronics Group as the controlling shareholder of 41 percent of the shares.

Although Lin Qi doesn't think that these Japanese companies have good intentions, they are also shareholders, and the third and fourth largest shareholders are still willing to meet each other.

Unexpectedly, Sony's representative turned out to be Yuri Aota, and Panasonic's representative was Hikaru Yuya.

Yuri Aota was originally just a middle-level cadre, and after the failure of the previous acquisition of the Shaw Brothers film business, he should theoretically be arranged to retire in an idle position, even if he did not take the blame and resigned. However, being able to re-represent Sony to talk about big business shows that its background may not be low.

As for this Yugu Hikaru, there is relatively little information, but he can be sent to negotiate, and he should not be considered a small person.

"Welcome, two. In the reception room, Lin Qi said indifferently to the two visitors.

The overseas offensive of Japanese companies is often a wolf pack tactic. The relationship between the Japanese chaebol and the government is not public and private.

Opposite...... The relationship between the Japanese consortium and the government is very close, so to speak, you have me, and I have you. The Japanese government regards the interests of the Japanese conglomerates as the overall economic situation of Japan. The ordinary middle class can be sacrificed, but even if the Japanese consortium suffers a huge loss, the Japanese government has to come to the rescue.

The so-called lost 30 years in Japan were mainly due to the prevalence of corporate speculation and speculation in banks and consortia during the bubble economy era.

After the bubble burst, many people slandered ordinary Japanese people for speculation. However...... Later, the data realized that after the Japanese economic bubble, the worst assets came from corporate credit, that is, unscrupulous loans to real estate, stocks or other assets without collateral and purely on the credit line granted to the enterprise by the bank.

Later, the most serious defaults were also corporate speculation in real estate. A large amount of bad debts in the Japanese banking system are due to the speculation of companies.

On the contrary, even if the price of real estate collapses, the default rate is very low, even if the price of real estate collapses, at most 80%.

Basically, after the collapse of Japan's bubble economy, it was the meat cut from ordinary people with a very tolerant personality to feed the bad debts caused by companies that failed to speculate.

Of course, that was a reflection of later failures......

The myth of Japan's post-World War II economy also comes from the fact that the Japanese government intervened in the financial industry and lowered the interest rates on bank loans in Japan, so that even very bad companies could get low-interest loans. And Japan's savings rate is extremely high, basically, it is equivalent to those rich consortia, taking the savings of ordinary people and constantly investing.

In the beginning, there were still a large number of high-quality projects, and the quality that led to Japan's economic growth was very good. But later, most of the sectors that created effective jobs and benefits were profitable and did not need bank loans. Later, the quality of the projects financed became worse and worse. As a result, a large number of resources were misallocated to the field of speculation, and the paper wealth in the field of speculation was once brighter than the real wealth-creating industry.

To put it simply, Japan's subsequent economic recession was caused by more stubbornness, and the stubbornness that a series of policies that caused Japan's economic take-off were correct, and many problems were exposed, but they were covered up by the financial statements.

"I have seen Mr. Lin, but this time Mr. Lin's trouble is not small. Although the scale of Xinfei Technology Company is not small, after all, the foundation is weak, and there is not much foundation in politics. Antitrust investigation, maybe we have some resources that can help Mr. Lin. "After all, Japan has a special relationship with the United States, and Japanese companies have a deep influence on the Japanese government. In essence, we can lobby the United States through Japan's political power. In turn of international influence, we, the old Japanese consortium, are definitely not comparable to an upstart with a background like you. ”

But his heart is different, in the snatching of the Shaw Brothers Cinema Line, he originally thought that he had taken the lead, but in the end, he was played by Lin Qi, which made him extremely annoyed.

Therefore, in addition to talking about cooperation, the more important thing is to get the face lost before, even if it is to take advantage of it verbally, but, imagine that this business tycoon, who once despised him like a grass worm, actually asked for help from them one day, and he was proud in his heart!

"Fortunately, this kind of thing, I have let more professional people deal with it. I believe that the professional team will handle it well, after all, antitrust investigations are not new today, but have a history of more than half a century. There are tons of reference cases and teams that study this kind of stuff. This kind of thing is more on the table, and it is better to use procedures against procedures, and the kind of political transactions behind the scenes may not be able to be secure. Lin Qi ignored this villain and directly threw out the topic, "However, what are you doing here today? If you just want to fall into the well in front of me, you don't have to! After all, the company behind the two also bought the shares of Xinfei Electronic Technology and is our shareholder." ”

"Well, Mr. Lin, the purpose of our visit is mainly to increase our holdings of Xinfei Electronic Technology, there are not many stocks circulating in the market now, we hope to hold more shares, in order to better bundle with the interests of Xinfei Electronic Technology." Hikaru Yutani said, "We at Panasonic, in the era of video recorders, can be called the industry standard setter of video recorders. But now, VCD has surpassed VCRs as an entertainment platform for more than 200 million households worldwide. Even with the antitrust law, we are still bullish. Therefore, Panasonic hopes to take a stake and increase the equity ratio by a large 25%!"

"That's what Sony means, too! We also want to increase our stake to a maximum of 25%!" Yuri Aoda said eagerly.

Lin Qi looked at the two of them, these two people came from different companies, but they were in the same pace, and they should have formed a concerted action relationship under the leadership and coordination of the Japanese government. Both companies want to get 25% of the equity, which adds up to 25%. Then, in fact, Xinfei Electronic Technology Company is equivalent to a change of sky!

Therefore, Lin Qi shook his head and said, "For the time being, I won't consider selling a single share!"

"Mr. Lin, even if you don't sell, Philips will definitely sell! They originally owned 40% of the shares, but now it is estimated that there are less than 25% left, and they will continue to ......sell," Yutani said.

"Feel free!" Lin Qi shook his head and said.

"Okay, Mr. Lin, if you don't sell, our other negotiators should be talking to Philips about equity transactions. Yu Gu Hikaru said regretfully, "If, after the deal is reached, we eat some retail stocks, we may also get 50% of the equity! Moreover, we can buy at the current market valuation, as the anti-monopoly investigation drags on for a longer time, the stock price may fall further, and even if you want to sell, you will not be able to sell at a good price." ”

"I'm sorry, you have found the wrong person, I am not a speculator who makes the difference, but the controlling shareholder of Xinfei Electronic Technology Company. Lin Qi shook his head and said, "There is no need to talk about equity transactions!"

"So, can we talk about licensing patents for CD-ROM and VCD production?" Hikaru Yuya said after thinking about it. In fact, Panasonic, as the largest manufacturer of video recorders, almost monopolized most of the patents in the video recorder era, and also accounted for half of the video recorder production.

However, the popularity of video recorders is far less than that of VCD, and the annual production and sales of video recorders in their heyday did not exceed 10 million units. But it has already brought Panasonic an astonishing profit.

Although the price of VCD is lower than that of VCRs, the market potential is ten times that of VCRs!

It is precisely for this reason that Panasonic wants to make VCD, but most of the patents are monopolized in the hands of Xinfei Electronic Technology Company. Without Xinfei's patent marking, the produced disc cannot be read by most optical drive machines, so that niche machines naturally cannot compete with VCDs that form a mainstream trend.

"This ...... It's not that it can't!" Lin Qi thought about it, anyway, he still had to authorize some companies to distract from the anti-monopoly investigation.

If the patent fee is not low, it is not impossible!