Chapter 530: Kodak's Acquisition Proposal

[Please keep in mind the domain name of this site" ", or search in Baidu: Sanlian Literature Network]

"Kodak wants to buy Chinese film companies in the whole industry, and I'm embarrassed about that." Boss Zhu said to Fan Wuxian.

Among the governance promises put forward by Boss Zhu, it takes three years to get state-owned enterprises out of their predicament, which is the most impossible task. This is because the spokesman of the Ministry of Finance announced in a briefing a situation that makes people feel hopeless, and the ministry conducted a spot check on the annual accounting statements of 100 key state-owned enterprises, and the results showed that 81 percent of the enterprises had false assets and false profits.

The spokesman did not explain why that was the case, but everyone knew why.

"State-owned enterprises have reached the point where they must be reformed." Boss Zhu said to Fan Wuxi, "My solution is to reform, reorganize, transform and strengthen management, and the implementation strategy is to resolutely and thoroughly implement the national retreat and democratic advancement in non-key industries." ”

"Oh, so Kodak's industry-wide acquisition proposal is a litmus test?" Fan Wuxian immediately understood Boss Zhu's intentions, it seems that he wants to verify the correctness and feasibility of his national retreat and democratic advancement strategy through an unimportant industry pilot, and then use this as a sample to promote the national retreat and democratic advancement of non-strategic industries.

According to Boss Zhu's assumption, the country only. It is necessary to carry out key control over industries that are related to the lifeblood of the country, and in non-key industries, it is completely possible to introduce competition, give full play to the enthusiasm and profit-seeking nature of private capital, and bring up the competitiveness of the industry, so as to achieve the goal of prospering the market and enhancing its vitality.

According to what the parties are negotiating, China. The government agreed to an industry-wide takeover of the Chinese film industry by Kodak Corp., the leader of the global film industry. Under the agreement, all seven companies in China's film industry will form joint ventures with Kodak, which has pledged to invest $1 billion and bring world-class photosensitive technology to China.

Fan Wuxian heard what Boss Zhu said. After this incident, he immediately frowned, he had never paid attention to this matter before, but he thought of the many films he had seen before, which gradually disappeared in the years after ninety-eight years, and all the films on the market were Kodak films.

It turns out that there is such a business in this! Fan's disease-free brain. Immediately began to spin.

In fact, Kodak's plan was born four years ago, when the new . Pei Xuede, the inaugurated president of Kodak, asked to see Boss Zhu in Hangzhou and put forward this motion for the first time.

At that time, Kodak was in the midst of an unprecedented disaster. The long-established company that understands photosensitive emulsions and has been around for 100 years has been strongly impacted by Fuji in Japan. In the European and American markets, Kodak has been losing ground and is saddled with a huge debt of more than $10 billion.

There used to be one in. Kodak's Black Humor: What is the difference between Kodak and Titanic? The answer is: the process of the sinking of the Titanic was accompanied by a symphony.

In the Chinese market, Kodak is also a laggard, Fujifilm occupies more than 70% of the market share of the Chinese film market, if through the conventional market competition, Kodak has no chance of winning.

Therefore, when Pei Xuede suddenly proposed to the Chinese side to buy Chinese film companies in the whole industry, everyone present felt absurd, this was a topic that had not been discussed in advance, and even Pei Xuede's senior entourage had heard of it for the first time.

However, only Boss Zhu didn't think it was whimsical, because in his heart, he was planning another game of chess.

"If Kodak's current situation is in a hurry, then China's film industry is desperate." Boss Zhu said to Fan Wuxi, "Like home appliances, beverages and other industries, the transformation of China's film industry after the reform and opening up also started with the introduction of complete sets of equipment. Since the beginning of the 80s, local governments have rushed to set up projects, and have successively introduced complete sets of color film production lines from Kodak, Fuji and Agfa in Germany, among them, Xiamen Fuda and Kodak have invested 1.5 billion yuan in the introduction project, and Shantou A.D. and Fuji have invested as much as 4 billion yuan in the project cost. In just ten years, China has built seven film factories, making it the country with the largest number of film companies in the world. All the chronic ills of the state-owned enterprises are exposed in the concentrated areas of the film industry, with huge amounts of repeated investment, lack of technical digestion capacity, lack of skills in market competition, rigid mechanisms, and chaotic management. By around 1993, all domestic film enterprises were losing money, and the total liabilities of the industry exceeded 10 billion yuan. Faced with such a situation, I was helpless. ”

It was at such a moment that Pei Xuede, who was also in a difficult situation, pointed out a bright path.

When Boss Zhu talked about this matter, his spirit was a little refreshed, "In my opinion, Kodak's plan is tempting. In the process of reforming state-owned enterprises by the Chinese government, Kodak will bring three things, one is technology, one is world-class management, and one is at least a billion dollars of investment. ”

However, Kodak's demands are also exclusive, they do not allow any foreign competitors to enter China, because they want to restructure existing old enterprises, while other competitors can build new factories from scratch, which is unequal.

"But from the very beginning, the Kodak plan faced two major obstacles, one was the backlash of domestic film companies, and the other was the boycott of Fuji in Japan." Boss Zhu said to Fan Wuxi, "So some people scolded me for being a traitor from the beginning!" ”

Fan Wuxian smiled and shook his head.

It is true that the transfer of an important industry to a multinational company is an unheard of practice in the history of Chinese enterprises, not to mention that each enterprise has already had different partners, and the interests are intertwined and there are many contradictions in the market, in fact, this initiative itself means the total annihilation of the national film industry.

In recent years, domestic local enterprises have risen vigorously, and the call for the revitalization of national industry has been heard endlessly, and the resistance to the Kodak plan is also natural.

"Nationalism is a double-edged sword, if used well, it is a sharp weapon to hurt others, and if it is not used well, it is a sharp weapon for self-harm." Fan Wuxian said to Boss Zhu, "As far as the film industry is concerned, China's overall film industry is too deeply influenced by the Japanese, and there are huge profits, but they are all made by others, even if they want to reorganize under the slogan of revitalizing national enterprises, they are inseparable from the black hand manipulation of the Japanese." Now everyone is shouting like this, it is nothing more than some interest groups manipulating behind the scenes. Besides, what is so important about a film seller, is it related to the national economy and people's livelihood? ”

After listening to Fan Wuxi's words, Boss Zhu's face improved a lot, and he said with a smile, "Well, your words are similar to what I mean." At that time, some people said that the decline in the proportion of state-owned enterprises and the increase in the proportion of private ownership will change socialism. I will say that the nature of the change will not change, the key lies in the economic lifeline, as for those hamburgers, a few films, hair clips, what does it matter if you engage in a few foreign investments? ”

"But many people can't figure out this truth, because they can't look at the problem from the perspective of the overall situation, and their vision is naturally limited, so these people's opinions can be regarded as farting and don't need to be ignored." "However, as a Japanese who has a monopoly on the Chinese film market, how did you react? The power of resistance should be great, right? ”

"The reaction of the Japanese is not to be a concern." When Boss Zhu talked about this issue, he was very relaxed.

"Oh?" Fan Wuxian felt a little strange, the Japanese have always been the best at operating in China, how could they not find a few powerful official supporters?

Boss Zhu quickly explained the inside story, which made Fan Wuxian feel a little surprised.

Since Kodak's proposal to acquire China's film industry, Japan's Fuji, as a monopolist in the film market, has naturally resisted fiercely.

Kodak's motion clearly has the connotation of industry monopoly, and once finalized, it will mean Fujifilm's exit from the Chinese market.

But, somewhat unexpectedly, Fuji found himself in China with no sympathizers.

The reason for this is because of something that happened before. In that year, Shantou Gongyuan Factory imported equipment from Fuji with a huge investment of 4 billion yuan, and then there was a business crisis in Yuanyuan, in order to solve the problem, the governor of Guangdong Province at that time personally flew to Japan with the management of Gongyuan Factory, hoping to get help.

But unexpectedly, their request to meet with the Fuji leadership was ruthlessly refused, and the Japanese believed that the crisis was Chinese their own business and had nothing to do with them, and the Chinese party waited for several days in Tokyo, only to return empty-handed.

The refusal quickly spread in China's political and business circles, causing many people to gnash their teeth.

Therefore, when Fuji tried to resist the Kodak case, it was difficult to find a powerful person who was willing to come forward for it, and it was easy to help anyone, but to help the Japanese, it would be pointed at the nose and scolded by everyone for being a traitor in front of the person, and it was impossible to commit it.

After hearing this explanation, Fan Wuxian looked at Shen Ying and found that she was putting her elbows on the table, holding her face and looking at herself to pass the time, so he asked her, "Mr. Shen, what do you think of this?" ”

Shen Ying smiled after hearing this, "Are you testing me?" ”

"Where, brainstorming, everyone is not an outsider." Fan Wuxian smiled.

Boss Zhu looked at the two young men and women laughing at each other here, and his heart was a little lighter, "Whoever solves this problem, I will write a pair of words for him, and it is signed." Then he smiled and said, "I'm notoriously inscribed, you can keep it well, and it will increase in value in the future." ”

Shen Ying thought about it for a while and said, "Kodak is losing money all over the world, and the reason why they are interested in the Chinese market is that they have taken a fancy to one point, that is, in a short period of time, China's film industry will continue to maintain a high rate of growth, so Kodak will put its future on China's chess, and is willing to invest a billion dollars in restructuring." ”

Seeing that Fan Wuxian and Boss Zhu were both nodding their heads in approval, Shen Ying's thinking suddenly became very clear, and he continued to analyze, "But as far as the current situation of the domestic film industry is concerned, if it is not a joint venture with Kodak, the technology and equipment are already obsolete and aging, and they can only be used as a raw material exporter for the Japanese company Fuji, and they will make a lot of money for nothing, while the domestic film companies are still taking the old road of loss and bankruptcy, without any hope." So I think that joint ventures are inevitable, at least the Americans are willing to provide advanced technology and real money. Even if we know what they think, objectively speaking, this condition is acceptable. No joint venture, a dead end, joint venture, or there is new hope. ”

After hearing this, Boss Zhu said to Fan Wuxian, "Your Mr. Shen is also very good, and he can explain the problem clearly in a few words, which is much better than many of our so-called experts." ”

Fan Wuxian smiled, snorted a little smugly, and then said, "Actually, this proposal is acceptable, but it needs to be slightly adjusted, which will make us get greater benefits, and it will also make this joint venture plan a classic case in the future." ”

"Well, tell me about it." Boss Zhu still attached more importance to Fan Wuxi's opinion, and when he heard this, he leaned forward and asked very solemnly.

Fan Wuxian waved his hand and said, "Of the seven domestic companies, Kodak may not have the ability to accept all the reorganization, I think it would be good if they could reorganize half of them, and the rest is estimated to be spent on dismissal, so there are always some criticisms." Therefore, I would like to make a suggestion that we at Fan's Investment Group also participate in this joint venture as part of the overall acquisition. ”

"This case itself is very troublesome, and if you are interfering, I'm afraid it will be even more difficult to deal with?" Boss Zhu groaned, but he still said, "What is your purpose, let's make it clear first, I think there is too much conflict?" ”

"If there is a lot of conflict, I won't mention it." Fan Wuxian said with a smile, "What I mean is that Fan's Investment Group will invest 200 million US dollars in this joint venture project in proportion, and only participate in dividends, not management." Another rule is that if Kodak were to close a few of its factories, we would be able to digest the dismissed workers. ”

"You should have any extra conditions, right? Otherwise it would not be possible to be so kind? After listening to Fan Wuxi's words, Boss Zhu's first thought was that Fan Wuxian must have some additional conditions, otherwise it would be impossible to pay for help so easily, and he would also have to help solve the problem of the whereabouts of the dismissed employees.

These two conditions can be regarded as helping him solve the biggest criticism, first, it seems that it is not completely acquired by Kodak, and second, there is no problem of dismissed employees, the problem of betraying the country and laying off workers has been solved, and he will definitely be less scolded.

Sure enough, Fan Wuxian immediately said, "My request is very simple, that is, Kodak will take out the digital camera manufacturing technology and memory card manufacturing technology within three years and share it with Fan's Investment Group." ”

There are no pop-ups