Chapter 371: The End of History

In January 2011, the live broadcast and video of Xu Teng's symposium at Straits National University became popular all over the country overnight, especially the last part of the talent show was also widely spread on many video websites in Europe and the United States. Pen % fun % Pavilion www.biquge.info

You think, if Bill Gates can release this kind of talent video, it will definitely be a sensation all over the world, let alone Xu Teng.

This was the first global network broadcast event in 2011, and many TV news programs and talk shows in the United States cut down the singing part of the news and broadcast it as a separate entertainment news.

Xu Teng didn't expect that the guitar he had practiced for more than ten years, and he had really spent three years practicing hard, and he actually became popular in this way.

Whether his level is professional or amateur, everyone doesn't care, anyway, as a global leader in the technology industry and as the richest man in the world, being able to play such a cool and popular pop song performance is indeed a very newsworthy global entertainment news.

As for Xu Teng's speech in the talks, ordinary people in foreign countries actually don't care too much, and they don't know that whether it is the BBC or ABC, the so-called international media will not report the previous speeches at all, but the domestic people are very concerned.

The global economic and political circles paid more attention to Xu Teng's speech and studied more.

The vast majority of people don't know that in the few days when Xu Teng went to the Straits State to participate in the talks, the power to short RMB in the international financial market was very strong, especially in the Straits State, because the Straits State is the three major overseas settlement centers of RMB.

Although Xu Teng and the Huayin Consortium suppressed the market panic of China's local debt crisis in a timely manner, they almost suffered a loss, but fortunately, the speed of the central mother's move was very fast, so that the Huayin Consortium successfully fought back and made a small profit of 3.5 billion US dollars.

This is the reason why Xu Teng must unite with Yang Ma at many levels, when it is really time to fight bayonets, the Huayin consortium can't fight the lone wolves on Wall Street, and if you are not careful, the profits from the hard work of speculating in real estate and making chips and cars throughout the year will be swallowed up by the opponent.

The overall level of China's financial industry is still too weak, and the investment banks in Hong Kong are basically foreign capital.

Huayin Consortium is the only one in China's financial investment banking business that can fight with Wall Street twice, yes, it can only hit twice, and before the main force of Wall Street is dispatched, Huayin Consortium will shout for help.

As for who loses, the Huayin Consortium is of course very clear, after all, in the first line of battle, Yang Ma also investigated the data provided by the Huayin Consortium to determine which group of Wall Street lone wolves the opponent is.

Hey, hey, it's really not a lone wolf, the famous Soros is the commander-in-chief behind the scenes, no wonder this wave of shorts is so fierce and hidden, no wonder the Indian deputy prime minister of the feces country is so desperate.

Xu Teng actually "predicted" it a long time ago, there is no way, he also has connections on Wall Street, he doesn't know who is Soros's lackey on his side, and Soros doesn't know who else is his lackey on Wall Street besides AIG.

Although it was by relying on Yang Ma's shot to win a small game against Soros, Xu Teng was still very proud, the Xu family was full of heroes, in 97 years, Mr. Xu turned against Soros at a critical moment, and 13 years later, he faced the enemy head-on and ambushed the Jewish white-skinned old horseman.

……

January is always a busy season.

In 2010, all kinds of annual industrial data will complete the preliminary statistical analysis during this period and send them to Xu Teng one after another.

In 2010, the global smartphone industry, Apple took the lead, almost swallowing 60% of the net profit of the entire industry, in terms of sales, Apple accounted for 42% of the market share, really a monopoly, Huateng Electronics accounted for 24.7%, Samsung accounted for 19.5%.

Samsung is positioned in the middle and high-end, and Huateng Electronics is low, medium and high, with many sub-brands, so in terms of profit, it is slightly lower than Samsung.

In 2010, the global chip industry, including design, foundry, packaging and testing, Intel must be the first, TSMC and Samsung ranked 2 and 3 respectively, Huateng Electronics rose steadily, and finally ranked fourth for the first time, AMD and Qualcomm ranked 5 and 6.

In the field of global communication equipment, Ericsson is the first, dominating 1/3 of the market, Huawei has ranked second, Alcatel-Lucent third, Huateng Electronics is still fourth, and the market gap with Akalucent is very small, Nokia Siemens is still ranked last year, ranking at the end of the top five, but the gap with Huateng Electronics is expanding.

Cisco is still 6th, and Nortel has been thrown to 9th.

This is almost the most competitive industry in the world right now, with 2.5 seats in Europe, 2 seats in China and 1.5 seats in the United States.

In the global LCD industry, LG and Samsung are still the two giants, and Huateng Electronics has finally surpassed the four major Taiwan-funded panel factories and squeezed into the top three, from the fourth to the seventh are Taiwanese enterprises, which shows that Taiwanese enterprises have not yet reached the point of exhaustion in this field.

Never mind.

Xu Teng's two 8.5 generation lines and a 9 generation line will be launched at the same time this year, plus two 6.5 generation lines that are completely completed by independent technology research, and the peak of volume will be reached in about 13 years, and it is completely confident that LG and Samsung will squeeze out, unless LG and Samsung also continue to expand...... If you really want to play like this, there is no doubt that the four major Taiwanese panels are the worst, the technology is not superior, and the cost is not superior, and the only way to die is Xie Wanwan.

Global machine tool industry, Huateng CNC machine tool industry group just on the road last year, Xu Teng is not in a hurry, this is the real German and Japanese domination of the world's field, although Huayin consortium through the merger of six domestic and European three machine tool companies, the total sales squeezed into the 24th place in the global machine tool enterprise ranking, the actual level is still far behind...... To put it mildly, in the field of precision technology, even 100 are dangerous, 70% of the business is concentrated in the low-end, 30% of the high-end business is still acquired from Europe, and the import of spare parts from European subsidiaries to assemble a high-end machine tool pretending to be domestic technology, because of the instability of technology, even internal enterprises refuse to order...... Therefore, you can only pose and take a few photos to promote it, and you can't fool industry insiders at all.

Huayin Consortium is now really targeting Italy's Prima company, although the sales ranking is only in the 35th, but it is also one of the very few old machine tool overlords in Europe with a complete line of forging machine tools, with a deep heritage, especially in the field of metal forming, almost the only one that can compete with the German and Japanese giants, in this field, France can not play Italy.

The acquisition itself is not very difficult, the key is the price, Prima's board of directors is willing to negotiate, but the price is a bit high.

It doesn't matter, Xu Teng is not in a hurry, Italy's economic difficulties are still to come!

In the global construction machinery industry, Huateng Heavy Industry Group has reached the first place at least in terms of sales, and the rest is to continue to acquire some supporting European enterprises, and then independently conquer some core technologies to improve the entire industrial chain.

Xu Teng is now playing such a set of things, responsible for domestic assembly, overseas acquisition of supporting enterprises, using price advantages to seize the market, let the enterprise survive first, and then slowly promote in-depth integration and technology research and development.

The meal has to be eaten in one bite, and the road always has to be walked step by step, and there are too many historical arrears, and it is useless to be in a hurry.

As for the report on the global automotive industry...... Xu Teng didn't know what Huateng Automobile Group was doing by sending this kind of report to humiliate his ambitions?

Hell, Adou who can't help him!

Xu Teng looked at the last report of the automobile industry, but also looked helpless, this field is really difficult, Huateng Automobile Group in addition to its own main brand, but also has Land Rover, Jaguar two main branch brands, the domestic market share is still miserable.

As for the international market...... I'm sorry, Xu Teng is embarrassed to watch it.

To tell the truth, Huateng Automobile Group has worked quite hard, not that the brothers are incompetent, but that the Eight-Nation Alliance is too cunning.

Don't say anything else, let's talk about the ASEAN market, Huateng Automobile has been developing the ASEAN market with great interest since 2005, taking ASEAN as the first step to go out.

There is no way, taking the Indian market and the Latin American market as the second step to go out, hey, hey, or all kinds of humiliation.

If it weren't for the Huayin consortium behind the death, Huateng Automobile Group would have gone bankrupt three times, fortunately, since 08, although there is no explicit provision, government agencies and state-owned enterprises and institutions must purchase domestic brands in the unspoken rules, which gives Huateng Automobile Group a chance to come back to life...... The four major enterprises are really shameless, GAC and Toyota have partnered to make a brand that claims to be a domestic brand, and FAW will also pull out the red flag for plastic surgery, but fortunately, buyers at all levels want face.

Huateng Automobile Group's share of domestic institutions and institutions, that is quite a bull fork, more than 90%, no way, BMW's engine, Ford's chassis, British technology, Italian design...... They are all domestic brands, and they are not more ashamed than foreign brands.

SUV, MPV commercial vehicle, mid-level sedan, and medium-sized luxury bus are the four signature product lines of Huateng Automobile, all of which are aimed at the market of "government agencies, state-owned enterprises and institutions", in order to maintain the mid-range positioning image of the brand, the business of mini cars has been cut, and the product line has been upgraded to a hatchback.

Government agencies, state-owned enterprises and institutions of this "bus" market, Huateng Automobile is really firmly controlled, but also driven by the domestic civil car market, but also thought of a lot of ways, Huateng Landwind series of medium-sized luxury buses sent to the central ministries and commissions, as long as there are leaders to inspect the place, the flying wing logo is shining.

Domestic TV and movies, embedded advertising and marketing of various variety shows and various advertorials of online media are the advantages of the Huayin Consortium, so to speak, no matter which professional car website you open, Huateng cars belong to the most cost-effective ranks.

In a word, buying a Huateng car, the choice of smart people, a model of patriotism, and a symbol of IQ.

The key is not to be ashamed, it is Xu Teng's industry, and the public drives this kind of car.

The problem is that Huateng Automobile has played so fiercely in the domestic market, and the sales share in 2010 has not been squeezed to the first, compared with Volkswagen and GM, there is a gap, and it is better than Toyota, Honda, Nissan, and Mazda affected by an island incident.

The competition in this market is so fierce that car brands from all over the world are gathered here, and even Malaysia's Proton comes to play the ticket - of course, in the share structure of Proton Motors, Malaysia's state-owned capital company has an absolute controlling stake, and Watt Motors, Ford Motor and BMW Group are the other three major shareholders, belonging to the same global "Baofuhua" automobile alliance.

As for the ASEAN market, the Japanese still dominate the world, monopolizing 6 percent of the market, the German system only has a 15% share, and Huateng Automobile barely mixes a 7%, which is already very good, and it is slightly higher than the Korean-funded Hyundai Motor.

In the European market, Watteng Automobile is also slightly higher than Hyundai Motor, because Freshmann Automobile has Land Rover, Jaguar, MG, Aston Martin four old British brands to support the scene, and can also squeeze out the low-end market that BMW cannot do with the assistance of the marketing system of BMW Group.

In the U.S. and Latin American markets, the data in 2010 is a little better than the data in 09.

In 2010, the world's top ten car companies sales data ranking, Huateng Automobile is the only seedling in China's automobile industry, the only one that can squeeze into the top ten car companies, with a total sales of 2.21 million vehicles, the bottom of the top ten car companies.

Yes, Suzuki, which was at the bottom of 09, had a total sales of 2.57 million units, but it was only last year that it suffered Waterloo and gave up the tenth throne to Huateng Automobile.

From the analysis of data, the biggest contribution of Huateng Automobile is to curb the expansion of Korean-owned Hyundai Motor in the Chinese, ASEAN and European markets, because the positioning of Huateng Automobile and Hyundai Motor is basically the same, and both are based on cost-effective mid-range product lines as the main models.

Therefore, Hyundai can only rank ninth, with a total sales of 2.42 million units not much more than Watteng Motors, the characteristics of both sides are that Watteng dominates the domestic market, and Hyundai Motor's performance in the North American market is simply blinding.

It doesn't matter, the new plant of Huateng Automobile in Mexico is about to expand production, which is a killer weapon to squeeze the North American market, and the biggest advantage of Huateng Automobile is that it has a high rate of parts with Ford Motor.

Ford is also living like a year, originally in the local market was squeezed by GM, Japanese, German, and now also encountered a Korean system, it is really sad and tearful, in addition to the introduction of new thieves of Huateng automobiles, and jointly reduce the price of parts and GM rate, there is basically no good way.

In the automobile industry, Xu Teng does not have any high requirements now, it can only be said that he will try his best to develop the European, ASEAN and emerging Indian markets, try to stabilize the domestic market, make every effort to persistently develop the North American market, and try to maintain the eighth, ninth and tenth on the list of the world's top ten car companies, and slowly accumulate strength to impact upward.

Xu Teng now has an estimate that as long as Huateng Automobile can squeeze into the top 5 in the global market, its domestic sales will accelerate and soar, surpassing the Japanese and Germans, especially in the post-80s and post-90s.

After 60s and 70s, Xu Teng didn't want to say anything, although these people are the main force in buying cars in China, they really can't be expected to buy domestic brands.

The best way is obviously to acquire, with the size and chips of the Huayin consortium, there is no pressure to completely acquire Ford Motor, the problem is that Xu Teng also plans to acquire Motorola's communications and mobile phone business this year, and the two mergers and acquisitions will be promoted together, which will definitely cause a rebound in the US market.

Huateng Electronics Group wants to acquire Motorola's communication and mobile phone business, mainly for patents, nothing else, of course, you can also let Google acquire, just take away the part of the patents that Huateng Electronics Group needs.

Choose 1 out of 2.

Xu Teng selected Ford Motor, 10,000 years is too long, seize the day, so slowly save down, Huateng Automobile at least ten years to usher in a real leap, although in 2010 barely among the so-called top ten car companies in the world last place, in fact, half of the production capacity has no profit value, too empty.

Before making a final decision, he made two phone calls to the board of directors of the BMW Group and the Quandt family of the controlling party to briefly exchange opinions and see if the BMW Group would object.

This year is the best opportunity, Ford has not completely come out of the shadows, and there is already a good relationship between Luxeng and Ford, and the board of directors and shareholders of both sides have overlapped.

Xu Teng is now making a move, and it is unlikely that the White House and the Capitol will stop it, and according to the current trend of gradual confrontation between China and the United States, it will be very troublesome in a few years.

As for funding, having just earned a vote from Soros and Wall Street, and then raising some of it through internal banks and AIG Group, there is basically no pressure.

After confirming that the BMW Group and the Quandt family had no objections, and was happy to see it, Xu Tengcai called Bill Ford, chairman of Ford Motor Company, and other important directors of Ford's board of directors, and asked them one by one, and the results were also very good.

Over the course of an afternoon, Mr. Xu made 17 phone calls, largely convinced that he would be able to convince Ford's board of directors to approve the vote, with the only question being how much he would bid.

Bill Ford gave an initial offer of $59 billion, which is 125% of the current market capitalization of the Ford Motor Group.

As the first of the three major U.S. auto companies to turn a profit, Ford's market capitalization has reached its highest peak since 2007, close to its peak in 2004, and of course, if you consider the sharp depreciation of the dollar in the past three years, the actual market value is equivalent to two-thirds of 2004.

In the past two years, Ford has performed well, but it has slipped from second place in 2001 to seventh place in the global market, and the total market value is also seventh, which is far from Toyota's total market value of $217.5 billion.

Xu Teng is unlikely to accept this offer, because Ford has problems with sales in the fourth quarter of 2010, and once the full-year results are released, the stock price will definitely fall a lot.

If we consider the ongoing Arab Spring, there is room for further growth in global oil prices, and Ford's stock price will plummet when oil prices soar to their peak, and then Ford's stock price will only recover when oil prices turn to extreme decline.

Thinking about this clearly, Xu Teng immediately opened a video conference with the main executives of Huateng Automobile Group, and officially began to discuss the acquisition of Ford Motor Company, talking, starting to talk from now on, but to talk in secret, take a year to consider various issues of integration, and complete the acquisition by the end of 2011 or March 12.

The specific price is temporarily quoted at $35 billion and the total price of the 40% share swap agreement, and then the changes in the stock market will be used to minimize the size of the share swap.

It was a big decision.

After Xu Teng made this decision, he had to inform Shi Lirong of Huateng Electronics Group to stop the business plan to acquire Motorola's communications and mobile phone business to avoid a backlash in the United States.

The acquisitions of the Huayin consortium in Europe and the United States have been very frequent in recent years, but they are all very small-scale, with an average price of about 170 million US dollars per acquisition, which is characterized by very frequent, almost 2.3 cases per month, and is also widely dispersed, and is by no means concentrated in a developed economy.

For example, in the acquisition of machine tools, automobiles, materials, semiconductors, and electronics industries in Europe, if there is a similar company in the Netherlands, which is not weaker than a certain M&A target in Germany, Xu Teng will give preference to the Netherlands and avoid too many acquisitions in Germany.

The largest acquisition to date was the acquisition of Generali by AIG Group, but it is also an acquisition by AIG Group, which is still an American company, at least to the American public.

The holding of AIG Group by the Huayin Consortium is quite complicated, and the holdings of the Xu family's overseas trust funds form an absolute controlling stake, and in the public financial report data, the direct shareholding of the Huayin Consortium is also divided into four shareholders: Huateng Company, Galaxy Capital, Fuxin International, and PN Finance, with a total shareholding of 1/3 of the four companies.

Among the 10 major shareholders of AIG Group, 7 are affiliates of the Huayin Consortium, which occupy 9 of the 15 seats on the board of directors, plus the chairman of the board of directors is 10 seats, which is the reason why the Huayin Consortium has full control over AIG Group.

The most ingenious thing is that, in addition to Xu Teng's Huateng company, which is clearly a direct shareholding, Galaxy Capital and Intertrust International have all detoured to Europe and the United States to register new investment companies to hold shares, and a large number of investment companies you have never seen at all, from Belgium and Luxembourg to the Cayman Islands, with different places of registration.

Of course, this is the normal operation of international capital, just like you have no idea which side of Goldman Sachs is actually manipulating.

All this means that once Huateng Automobile successfully acquires Ford, it will not only be the largest merger in the history of the international auto industry, but also the first large-scale merger of Huayin Consortium in the United States, second only to Huayin Consortium's $13 billion public capital injection into AIG.

This will probably be the biggest news in the global economy in 2011, and from a geopolitical point of view, it may also symbolize the decline of the American empire and the end of traditional American manufacturing.

On January 17, 2011, in the evening, the afterglow of the setting sun shone on the new and beautiful city of Jiangzhou.

This moment.

In the office on the 48th floor that occupies 1/3 of the floor, Xu Teng's mood is a little subtle and dignified, and there is some irrepressible joy, although this shocking merger and acquisition has not yet entered the formal negotiation stage, but in the opinion, it is enough to let the board of directors of Ford accept the negotiation, which is enough to show the success and particularity of the Huayin consortium.

He pulled out an off-white baseball from his desk and stood on the windowsill looking out over the scenery of Jiangzhou, a White House gift from President Obma to the baseball used by the Yankees in the 2009 championship finals.

When Yankees owner George Steinbriner died in New York a few months ago, he was also invited to attend the funeral, sitting in the third row of the church, with former President Kintong in front and Bill Gates and his wife next to Microsoft.

Later, Bilgates suggested that he buy the Yankees, and if he was interested in baseball, at least Bilgates thought it would be more interesting than buying Liverpool FC.

Xu Teng said no at the time, he said, it may hit the pride in the hearts of Americans.

This moment.

Xu Teng was well aware of what the acquisition of Ford meant to Americans, almost as a symbol of the American spirit, a symbol of an American era, even more than the New York Yankees meant to the American people as a whole.

He was facing the floor-to-ceiling window, with his hands behind his back, pinching the baseball as if pinching an era.

How do you say that, oh, the end of history! (To be continued.) )