Chapter 538: Mutual Suspicion and M&A Suspicion
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"Check the details of that woman, it doesn't look like a character who came out of nowhere." As soon as Pei Xuede and the others left, Fan Wuxian commanded his subordinates.
"We don't have any information about this person, so we have to let the United States check it." Fan Wuxi's subordinates immediately replied.
Most of the influential people have information to inquire in Fan Wuxi's headquarters, which is also a secret for him to get most people in the first time, study the opponents, and summarize their rules, preferences and preferences, which is very beneficial for negotiation.
The U.S. branch is very efficient in terms of investigations, and sometimes, Fan Wuxian laughs and says that they have already joined forces with the FBI and CIA, so they can be so handy.
Soon, the American branch came with the woman's details.
Fan Wuxi picked up the fax and flipped through it, it turned out that this was Ye Ying, who had just joined Kodak for less than a year.
Ye Ying was born in Beijing, grew up in Taiwan, and lived. In Hong Kong, he holds a Bachelor of Arts degree in International Relations and English from National Taiwan University.
During her university studies she was in Taiwan and Japan. Famous radio and television journalist. In the early seventies, she became a U.S. citizen and served as a political officer at the U.S. Embassy in Burma and then at the U.S. Consulate General in Hong Kong. In the late '70s, she returned to journalism and worked for the Straits Times Group in Singapore and then for the NBC in New York. In 1979, as a reporter for NBC, she interviewed Deng Gong, who visited the United States for the first time, together with CCTV hosts, and became a woman who witnessed a special moment in history.
In 1982, Ye Ying joined the American business. He served as Commercial Consul in Guangzhou and Hong Kong, and as the head of the Commercial Group of the American Institute in Taiwan in Taipei, and then as Minister Counselor for Commerce at the U.S. Embassy in China.
Last year, Ye Ying joined Kodak at the kind invitation of the president of Kodak. He is the Vice President and General Manager of External Affairs in Greater China, and one of the three core members of the Kodak project.
"This woman is very powerful, it is estimated that Pei Xuede deliberately placed it in the middle. A wedge in the mainland wants to pry into the current lifeless Chinese film industry and clear the way for Kodak's acquisition plan. After reading the information, Fan Wuxian said to his subordinates.
"The boss's evaluation of her is a bit too high, right?" Fan Wuji's hand. The subordinates were a little skeptical.
"Don't take any lightly. A woman, especially a woman who can navigate between a journalist, a diplomat, and a top executive of a multinational corporation, a woman who dares to wear any color combination on her body without first getting anything wrong, a woman who dares to wear her skirt very short and shoes high at any time to keep the spotlight on herself, despite her age. Fan Wuxian waved his hand and said, "But we must also note that the things in such a woman's mind are much richer than those in her twenties, and what she needs to face are basically those real bosses who have become famous, and this advantage is not possessed by little girls." β
It is true that getting some beautiful little girls to come to the company to support the faΓ§ade will look more pleasing to the eye, and in general, it can also play a positive role in promoting, but when it comes to determining the rise and fall of an industry and the need to play both official and business, the little girl is not enough.
Or some people don't believe it, thinking that beautiful women can eat everywhere, but at a certain level, what kind of beauties do these people want that they can't get? Especially these elderly people don't care about the appearance of any woman, for them, solving the problem is the most important thing, so in many large foreign companies, capable old women are far more likely to be valued than those little girls who can only play the role of vase.
Thinking of this, Fan Wuxian couldn't help but say a few more words, "Don't think that Obasang is old because of people's age, in fact, these people's contributions to the company may be much greater, and you usually don't judge people by their appearance at work." β
One of his subordinates immediately asked, "What Mr. Fan means is not to say that once an older person comes to the company to apply for a job, don't refuse all of them, but first see if the other party's ability is used by my company, and it is of great use?" Such talents can't be easily let go? β
Fan Wuxi was stunned for a moment, and then thought that in the company's previous recruitment process, the age requirements were relatively strict, often under the age of thirty, and occasionally there were some special talents over the age of thirty-five, which were also personally approved by the senior management to excavate.
Of course, it is not very realistic to expect to find any talents at the job fair, especially for the current Fan's Investment Group, which has already had a complete management team and cultivated middle-level leaders, and what is lacking is just ordinary employees who can implement the plan, so the general recruitment and the targeted excavation of special talents are enough to be competent for various jobs.
Just like Ye Ying, a talent with strong communication skills has gone beyond the general direction of public relations, but has reached the level of senior professional managers, which is of course also a talent that Fan's Investment Group lacks.
"Ahem-" Fan Wuxian touched his chin and said, "We still have to appoint special talents, especially for the senior managers who are familiar with the domestic situation and good at interpersonal communication, which the company is relatively lacking now, the age can be enlarged to fifty years old, and it will not be interesting to be older." β
When Fan Wuxian mentioned this matter, he seemed to remember that a deputy minister went to the talent market to apply for a public relations position in order to experience the people's feelings, but the other party actually told him not to be too old, and bluntly said that this position was only for young women.
Later, after knowing this, everyone laughed and laughed, and some people clearly pointed out that if the other party really recruited the deputy minister, no matter what, even if the deputy minister could not go to work in the company, he could establish a good personal relationship, and the role played in this was irreplaceable by many young and beautiful girls, and the boss of the company was a little regretful in the end.
In the last case, you can also take the opportunity to hype up your company, improve your visibility, and be able to set up an eclectic banner for the company's appointment of talents, which is a good thing to be able to gather centripetal force, which is a bit of a pity.
When Fan Wuxian was discussing Ye Ying here, Pei Xuede and Ye Ying were also discussing Fan Wuxian over there.
"Originally, we planned well, but now that such a Fan's investment group suddenly came out, the previous preparations were suddenly disrupted." Ye Ying said to Pei Xuede with some concern.
On the third day of working at Kodak, Ye Ying flew from Hong Kong to Shantou as vice president of Greater China and general manager of external affairs, and appeared in the cooperation negotiations between Kodak and the entire photosensitive industry in China as one of the three core figures of Kodak's negotiation team.
Ye Ying, who has many years of experience as a diplomat, is good at communication and is naturally handy in negotiations. Before she didn't participate, the whole process between the Chinese side and Kodak was in a very anxious state, the communication between each other was very poor, everyone did not understand what the needs of both sides were, and there was no trust.
After Ye Ying joined, she conveyed the Chinese government's stance on encouraging Kodak to enter such a big investment as China, and also made Chinese companies understand that Kodak's strategic investment was real and really wanted to continue, so that the whole negotiation was opened.
The initial plan is that the Chinese government will implement different policies for six domestic photosensitive enterprises except Lekai, Xiamen Fuda, Shantou Gongyuan, Wuxi Almei and Kodak joint ventures, and Shanghai, Tianjin, and Liaoyang will not cooperate with any other foreign joint ventures during the three-year infrastructure construction period of the joint venture company, for which Kodak will pay the Chinese side $400 million in asset transfer and economic compensation.
In addition, on the basis of this agreement, Kodak was approved to invest $1.2 billion in China to establish a photosensitive material production base.
However, Fan's Investment Group suddenly said that it wanted to join in, and it seemed that it was going to make a package solution, which made Kodak feel a little incomprehensible, but the conditions proposed by Fan's Investment Group were also something that Kodak could not refuse.
Just as they learned about Fan's background, they were sensitive to the fact that there was probably a deep-seated reason for the joining of Fan's investment group, otherwise the son of a Politburo member could not have run such a large investment group and intervened in such a sensitive joint venture case.
"Government officials in Chinese mainland are generally very taboo about being linked to business, but Fan Heng and Fan Wuji's father and son are a special case." Ye Ying had been in the capital for a long time before, although Fan Wuxian and the others were not familiar with her, but she still knew more about Fan's father and son, after all, the diplomat was actually the head of the intelligence collection in the country in a sense.
As for Fan Heng, who is qualified to be a member of the Politburo, the Americans have to conduct a lot of investigations, and they are also very detailed.
"You mean there's a conspiracy here?" Pei Xuede asked with some hesitation.
Ye Ying said to Pei Xuede, "If it is a joint venture between three companies, many secrets will not become secrets, and I am worried that some details will have an uncertain impact on Kodak's corporate image, making the whole process impossible to fully control." β
After Pei Xuede listened, he nodded and frowned.
After a long time, Pei Xuede said, "So, can you figure out the original intention of Fan's Investment Group to participate in this joint venture as soon as possible?" I think understanding this situation will give us some initiative. β
"It's a little difficult, after all, with the old guys, I can understand what they're thinking, but with a twenty-two-year-old hairy guy, it's elusive, and I haven't even found a breakthrough for him." Ye Ying replied a little helplessly, "This is the first time I have encountered this in my decades of foreign affairs, it is really tricky!" β
Fan Wuxi also got the details of Kodak's acquisition from the top management at this time, but after reading it, he frowned a little, it is estimated that if he was not involved, this kind of document would be difficult to see.
However, the result of mergers and acquisitions is not the transfer of technology from Kodak to Chinese enterprises, but the full integration of Chinese enterprises into the Kodak system, not that Kodak accepts the burden of state-owned enterprises, but that state-owned enterprises transfer their main operating assets to Kodak under the premise of assuming their own original debts, and the burden is still that of the government, such as environmental protection and other issues.
For example, in Shantou Gongyuan, Kodak only promised to buy the production line of Gongyuan color film and take away nearly 100 skilled workers who can speak English. On the surface, A.D. retains the black-and-white film production line, retains about 300 employees, retains the A.D. brand, and retains the only Chinese film brand other than Lucky Fortune.
However, Kodak did not want the part of the black-and-white film of the A.D., and Kodak would not overpay the A.D. for buying the black-and-white film part of the A.D. at the same time, because Kodak had never produced civilian black-and-white film in the world.
At the same time as the AD brand, what is retained is the heavy debt burden of AD. As of this year, Shantou has accumulated losses of 300 million yuan and debts of 4.8 billion yuan, making it the most indebted enterprise among all the acquired enterprises. Kodak promised to leave all of its 1.8 billion dollars to fill the hole in debt, but it didn't even fill half of it.
In other words, even if the joint venture is formed, AD is still burdened with debts weighing more than 2 billion, and what it gets is to maintain its place in the civilian black and white film industry. But the land of the Common Era is not theirs, nor is the factory building, and they don't even know who they are.
In the final analysis, the actual significance of this joint venture proposal is not that Kodak has acquired all Chinese photosensitive material companies except Lekai, but that it has given Kodak the opportunity to develop independently in the Chinese market for up to three years.
Therefore, when Fan Wuxi saw all kinds of doubts in this, he was even more depressed in his heart, and it was hard to imagine how this matter came out? If it is just to show that an example of an industry-wide merger and acquisition can become a good one, Kodak can indeed make great changes in China's film industry.
However, it should also be noted that this change is not a huge change in the Chinese film industry itself, but a change in the owner of the Chinese film industry, which has become Kodak Company.
This kind of proposal, it's better not to pass it, Fan Wuxian thought after closing the file.
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