When Guan Weidong went to Japan to negotiate with TDK before, he had already talked about the acquisition of ATL.

TDK as a well-known brand of the electronics industry, DK's founders Yogoro Kato and Takeshi Takei invented ferrite in Tokyo, and founded Tokyo Denkikagaku Kogyo in 1935, the name of which was formerly known as the Department of Electrochemistry of Tokyo Institute of Technology, Dr. Yogoro Kato and Dr. Takeshi Takei, who taught at the Department of Electrochemistry at the university. In 1983, the company changed its name to the current TDK Corporation, taking the initials of its original name, Tokyo, Denki, and Kagaku, and began the commercial development and operation of this magnetic material.

TDK's main business is electronic devices such as capacitors, inductors, transformers, RF devices, sensors, magnetic cores, and magnetic tapes, and is not involved in the battery business. It's just that the founder of ATL used to work at TDK, and when he was short of funds, he found TDK, and TDK also felt that the battery business was also good, so he invested. This is also an important reason why ATL's management can be all Celestial Empire people, rather than the common Ichisui Island people in Japanese companies.

Now that Korn Ferry is willing to buy ATL at a high price, TDK is a business that can be done. After all, TDK has not been a major shareholder of ATL for a long time, and now it has changed hands and sold it, and the income is quite good.

In 2003, ATL conducted a round of financing and obtained $2,500 in funds at the cost of selling more than half of its equity, and ATL's valuation at that time was about $40 million or 50 million. Up to now, the valuation can go to around $200 million. After all, the current lithium battery market is not so hot, and when the era of smart phones arrives, there is no problem with the valuation doubling several times.

"Mr. Jiang, ATL now has about eighty percent of the shares in the hands of TDK, and has basically negotiated the use of $150 million in cash to acquire it, and in two weeks, Mr. Jiang will personally go to the island country to sign a contract. But most of the remaining 20% of the shares are in the hands of ATL management, and I talked to them a few times, but they didn't say yes, they didn't say no, they looked like they wanted to meet you, the majority shareholder," Guan Weidong said.

"It's good to see it, ATL's management team is still very capable, and after the acquisition, I don't plan to make a big change to their management in a short period of time. You make arrangements, let's go to Guancheng together recently," Jiang Hui said.

……

"I'll go to Guancheng the day after tomorrow, and then you can go back to the dormitory," Jiang Hui said.

"Guancheng, is it a battery company that you acquired?" Bai Xue said.

"Yes, I've talked to the major shareholders about it, and then I have to talk to ATL's management again, and they still have about 20% of the shares," Jiang said.

"The service industry in Guancheng is very famous, you can take it easy, don't mess around with me", Bai Xue twisted Jiang Hui's waist and said.

"Ah, it's painful. How dare I mess around, I'm here to talk about work and not to play," Jiang Hui said.

"Hmph, I grew up in Haizhu City, and I've heard a lot about Guancheng, in short, you take care of your little brother for me, don't think about big health care and the like", Bai Xue said.

"What is great health care?", Jiang Hui said.

"Pretend, you pretend to me", Bai Xue said with a pout.

……

Guancheng, a county established during the Three Kingdoms period, has a county history of more than 1,700 years, is an important birthplace of Lingnan civilization, the beginning of the modern history of the Celestial Dynasty and the pioneer of reform and opening up, an important transportation hub and foreign trade port in Lingnan Province, the first of the "Lingnan Four Little Tigers", known as the "world factory".

ATL received Jiang Hui and his entourage very politely, saying that it was polite, but in fact it was also unfamiliar. No matter who it is, although the shares of the company created by themselves have been transferred, but the major shareholders are ready to sell the shares without communicating with them, it is estimated that there will be some inexplicable emotions. However, Jiang Hui didn't care too much about this.

Jiang Hui is interested in ATL's R&D strength in the field of lithium batteries and the cooperative relationship with major electronics manufacturers, although the management is very capable, but with Jiang Hui, a big boss who knows the future development direction, changing a professional manager will not affect the company's development too much. Of course, it would be best if you could be in harmony with the United States.

In the previous life, ATL's power battery was spun off and CATL was established, and this newly established company later became the largest automotive battery manufacturer in the Celestial Empire, and its valuation reached 100 billion yuan before it was listed. Unlike ATL, which is controlled by TDK, CATL has become a purely private Celestial Empire enterprise. Although I look at this matter from the perspective of the people of the Celestial Empire, I think it is very good. However, objectively speaking, CATL set aside the major shareholders and got a group of people from ATL to go out to establish CATL, and the approach of ATL's management in this process is a bit inauthentic. Therefore, Jiang Hui naturally will not fully trust the current management team, so as not to make wedding clothes for others at some time.

Jiang Hui and his entourage went to the conference room under the leadership of ATL, inevitably introduced and introduced, then listened to ATL's company introduction, then visited the factory, and finally returned to the conference room to talk about the "core" issues.

"Mr. Zeng, I think you are very clear about our intentions, and I will communicate with you openly and honestly. First of all, I admire Mr. Zeng's vision, early into the lithium battery industry, ATL can achieve today's results, Mr. Zeng has a good leadership; secondly, I can disclose it here, I hope you keep it secret, Guanghui Group will continue to enter the fields of drones, mobile phones, electric vehicles, etc., which have a great demand for lithium batteries, which is also the main reason for our group's acquisition of ATL; A small number of employees such as personnel, procurement, and sales entered ATL", Jiang Hui began to explain to Mr. Zeng and others about the acquisition.

Today's protection personnel are all of a relatively high level, and Jiang Hui's words are relatively straightforward.

"Mr. Jiang, as far as I know, the Guanghui Group was founded less than two years ago, and its current main business is the Internet. Although Korn Ferry Group has strong strength in the Internet field, it has no experience in industrial production and management, so how can we ensure that ATL can achieve better development after being acquired?", Mr. Zeng asked.

"I once mentioned a concept, and that is Internet+. The mobile phones, MP4s, etc., which are now available, will be Internet-based in the future, and Internet-based is the advantage of the Korn Ferry Group," Jiang Hui said.

The two sides communicated back and forth for more than two hours, and it is estimated that considering that the Guanghui Group has already secured TDK, the major shareholder, and the sincerity of the cooperation is relatively sufficient, after Jiang Hui agreed that the company would take out 5% of the company's annual income as an incentive for the management, Zeng Zong and others finally agreed to sell the shares to the Guanghui Group.

Since then, ATL has been in Jiang Hui's bag!

(End of chapter)