Chapter 167: The Indian Fairy 1
In fact, the fairy is also a little sad, although the domestic market is large, but it can't accommodate the fairy's investment, the betrayal is a little sold, but there is also a reason, it can't just rely on China's not very reliable tree, the fairy has never given up the national interests, but who put pressure on the fairy at the most critical moment!
Beginning on March 20, 37, the fairy transferred a large number of staff from the company's headquarters, electronics company and new material company, and sent two male children from within the family, together with their wives, under the leadership of Jiao Dongfeng, general manager of the southern branch of the new material company, entered India one after another, and in less than three days, as many as nearly 100 fairy personnel have entered the hot India; Four days later, they began to take over an electronics company and a new materials company near Mumbai, officially opening the prelude to the fairy's big investment in India. On March 24, the headlines of several remaining major newspapers in India were headlined with headlines such as "Fairy Enters India" and "China Enters India", widely reporting on the fairy's acquisition of Kitagawa Electronics Company, a wholly-owned company of Matsumoto Corporation of Japan in Mumbai, and the acquisition of Changhai, a new material company of Shijia Company of Japan in Mumbai, and "exclaimed" that China's legendary company had started its "journey to India"! Major media have serialized the legendary experience of fairies, and there are more information about fairies on the Internet, and at the same time, the legendary combination of the Li family has been deeply concerned by Indians. Since that day, the Indians have never left the fairies in their comments, and on April 23, when another new material company was bought by the fairies, the Indians had already begun to get used to it. Everyone already knows a lot about fairies, such a huge company and such a magical company to come to India, has become a very common, very appropriate thing, a sense of pride is also generated, Indian society from the morale of the war to get rid of the economic crisis, and this war is accompanied by the rumbling of the drums of the fairy's continuous investment!
On March 20, Likang and Xiaokang and their wives came to India by special plane under the leadership of Jiao Dongfeng with more than 30 fairy staff. The four members of the Li family came to India as "interns", because they were all relatively young and had not yet been appointed as the leaders in charge of their own affairs, before leaving, they were repeatedly asked to obey the arrangements of the supervisors, and the top person in charge of the entire team was the general manager of Shenwei Company. Xiaokang and Jiao Dongfeng are more familiar, they have been working together for many years, and they know that this old man who is close to the age of sixtieth birthday is quite good, otherwise he would not have put Shenwei's corporate governance in order, let alone be appointed by the headquarters as the top person in charge of this trip to India. For the four children of the Li family who accompanied them, no matter which system they came from the fairy, everyone did not dare to take it lightly, and the people from this magical family were not weak, which has become a unified understanding in society. For the magical, outstanding ability plus the third-level headquarters boss, whether it is Jiao Dongfeng or other employees of various departments, everyone admires him from the bottom of their hearts, and some people even call him a "god man", and the children of the Li family assigned by him can be vulnerable people, not to mention that many people have already understood the abilities of these young people. Admiration is admiration, due to the different responsibilities of each person and the different subordinates, the four young people of the Li family did not receive any preferential treatment, because there has never been a precedent for the children of the Li family to dictate in the fairy!
Mumbai is hotter than Guangzhou, this is the unanimous feeling of everyone after getting off the plane, out of the airport waiting hall, the reception staff arranged by the company earlier are already waiting for them, and a large Chinese population like them is very easy to confirm, especially in the economic depression, tourism has basically stopped, but the staff still checked the identity according to the procedure. When you come to your hotel, you do all the preparations, and most of you are coming to India for the first time, especially as a working person. Although they are not very familiar with India, and they do not know much about it, since they were sent to India, everyone still made considerable preparations, and they came to India as representatives of fairies to come into contact with Indian society, not to speculate in India, but to participate in the economic life of India. From the person in charge to the most basic employees, they are strictly required to understand the basic situation and customs of India, and with the help of the company's huge consulting and collection capabilities, this work is also very detailed, at least everyone feels that it is still useful in their work.
Although I knew the current state of Indian society and the severity of the economic crisis in India, it was not until I saw it with my own eyes that I realized the huge difference between India and the rest of the country. Whether it's from Shanghai, or from Guangzhou, or from Beijing, or Tianjin, or even from other regions, everyone feels that the depression in Mumbai is a real depression! As an international metropolis, she has completely lost the prosperity and prosperity it deserves, there are few pedestrians on the streets, and the vehicles are even more scarce, only their line of vehicles is speeding by, even the traffic lights are listless, most people are nested at home, even on the street corners are those homeless vagrants, which makes everyone realize that India has really become a place in dire straits! The people in charge couldn't help but shake their heads and smile bitterly, the boss is really good at picking up good places, this India is not only hot, but also really a waste to be rebuilt...... Fortunately, they are not ordinary personnel, they are fairy employees with heavy responsibilities, and in any case, the headquarters will not let them live on the streets, it is impossible for them to starve and heat, and with this guarantee, everyone is not so worried. They had just seen the lives of ordinary people, and soon saw the lives of some extraordinary people, the occasional speeding limousine, none of them dared to bet that the owner of the car was a poor egg, or an unemployed worker, and those who came and went in the restaurant song hall were needless to say that they were also rich people, except for those dancing girls, who were in the hotel where they stayed, and at the same time there were a large number of rich people's families, which was discovered through the rich people's intuition of the rich people...... Such a huge contrast makes everyone speechless, maybe this India is really a huge gold mine, worthy of being mined by fairies. When you come, you can do it well, clean up your feelings, and the Indian staff of the fairy will soon get into the working state!
A few people do not represent the whole society, a few people have money, does not mean that most people can live a good life, and the severity of India's economic crisis is indeed not generally serious, economists from all over the world are not too much to comment, India is indeed a "chaotic economy" country, which can be clearly seen from the bankruptcy of many companies, a large number of international companies rushing to flee, at least seven out of ten international companies are in a hurry to flee, as long as the price is right, these assets have seriously shrunk companies, No matter who the buyer is, he can get rid of it, even at a lower price. It is not only the serious shrinkage of the company's assets that drag these companies down, but also a large number of debts that cannot be recovered, and more importantly, there are still a lot of arrears to be repaid, and a large number of company employees to feed, usually these employees, especially those senior employees, are the company's priceless treasures, the creators of the company's huge profits, but now, it has become a burden that they can't get rid of!
First of all, these companies are companies that can be used in the layout of fairies, mainly concentrated in the three major fields of electronics, new materials and biotechnology, which are the old business of fairies. Secondly, these companies are international companies that are eager to get rid of, and try to avoid buying local Indian companies, if people are not willing to sell, fairies are embarrassed to force people, "strong melons are not sweet", and the price will not be low, this kind of thing fairy is the most clear. In addition, these companies must have strength, that is, these companies are not weak in technology in the Indian market and the international market, and the scale of the companies themselves is not small, preferably in the industries of those large companies that are well known in the industry, so that the negotiations are also strong. Fourth, these companies can have debts, but they can't have too much arrears, at least when they acquire, they must erase some of the arrears, the fairies are here to make money, not to do the aftermath for international rivals, not only that, the fairies also have to leave some of their financial funds, but it is also the consistent style of the fairies, and they can't go to India and don't abide by it.
First of all, the two sides need to cooperate financially, and the Indian government is also willing to cooperate with the fairy, and the fairy is the only card that the Indian government can play. In the course of their "work", the heads of the world's major corporations found that the cooperation between the Indian government and the fairies was surprisingly good, not generally good, and that the good made them suspect that this was a trap made by both parties. Secondly, in the company's activities, the fairy also needs the cooperation of the Indian government, during the economic crisis, all production activities are monitored by the government, without the government's production license, it is not possible to carry out production and operation, this point, the Indian government is very simple, the fairy is not going to start production, as long as you can sell, as long as you can start working, as long as you take back the workers as much as possible, even if it is purchased today, you can start work tomorrow, or even today, without the specific notice of the government. Of course, the fairy is not without returns, the company guarantees not to lay off workers, and at the same time as the acquisition, some workers will be recalled, and once necessary, all the original company personnel will be recalled to the company to reduce the government's relief burden. That being said, the fairy is not stupid, the real start of production and the sale of the produced products is not something that can be done, and it takes at least half a month for the companies to understand the situation, and this is the fastest they can do in a hurry. At this point, the Indian government also understands that whether the fairy is coping with it or not, the experts are very clear, everyone can see that the market channels need to be dredged, the personnel need to be rectified, and various figures need to be recounted......
The assets of many large companies have shrunk by more than 70%, from hundreds of billions of yuan to less than 100 billion, and the shrinkage has even reached 75% or even 80%, and there are countless large companies on the verge of bankruptcy. What worries large companies is that a large amount of arrears have become dead debts, or it is difficult to recover, and it is difficult to recover when due, and they dare not include them in the company's financial budget if they are not due, and there are a large number of debts waiting to be paid. As a large company, unless it goes bankrupt, the debt must be repaid, but the arrears are not necessarily, the dead debt is hopeless, and the one that is not due now will not come back, and the future is not certain, in case the time comes, the other company will go bankrupt, will not return a penny, or not go bankrupt, on the chaotic situation of Indian society, can you come back, so, the big companies are living like a year, and most of these big companies acquired by the fairy have such problems!
Kitagawa Electronics Co., Ltd., which was "snatched" from Matsumoto's hands, is a very important subsidiary of Matsumoto in India, before the economic crisis, the asset scale was nearly 400 billion yuan, and it was a very high single company in India, but the economic crisis made the company's assets seriously shrink, and the assets were less than 100 billion yuan. Beichuan company has a lot of arrears, according to statistics, reached nearly 80 billion yuan, but some of these arrears have become dead debts, the rest are not favored by experts, in addition to the company has 50 billion yuan of debt, although some are long-term, but the longest is not more than two years, this alone, he has at least tens of billions of yuan of debt. The characteristic of Beichuan Company is that the company has more book capital, as much as 62 billion yuan of book capital, making it one of the companies with more book capital among the international companies in India. Because Japan attaches more importance to the Indian market and cherishes the reputation of this large South Asian country, at the beginning of the economic crisis, there was no large amount of capital flight, and it is said that only 20% was withdrawn; But India's economic crisis has been far more severe than expected, making Kitagawa a problem for Matsumoto. Due to the company's abundant book funds, there was no reason for the Matsumoto headquarters to lay off a large number of workers, and since the economic crisis, a lot of money has been eaten every month, which has made the Japanese people who are in dire need of funds at the headquarters very distressed! India is obviously a gold hole, a bottomless pit, on the other hand, the headquarters is extremely short of funds, especially when the whole country is unanimously attacking China, these funds are particularly important, so as soon as the fairy Fu came into contact with the world's second child, Matsumoto immediately expressed a strong interest. Who the fairy is and what her ability is, Matsumoto knows clearly, there is no need to be pretentious, one side is in a hurry to leave, and the other party intends to buy, but the price is a big problem. The two companies were originally competitors, and now they are even more unpleasant to the eye, but they each have their own plans, and the focus of the dispute between the two sides is on the price, Matsumoto asked the fairy to pay 100 billion yuan, but the fairy ignored it at all, saying that it could only be 500.
The two sides went back and forth from arrears to debts, and then to book funds. Matsumoto believes that most of Beichuan's arrears can still be recovered, even with a 40% discount, 35 billion yuan can be recovered, and the total debt is only more than 10 billion yuan; But the fairy thinks so, because part of the debt has become a dead debt, it can't be recovered at all, about 20 billion yuan is only 10% likely to be recovered, and the remaining 40 billion yuan is at most 40% likely to be recovered, so that only 18 billion yuan can be recovered, and the total debt has reached more than 30 billion yuan, which is more than twice Matsumoto's estimate. Matsumoto said, "Do you want it, or I won't sell it", and the fairy said, "Don't worry, the arrears are due, maybe you can get it all back, and by the way, I will pay my salary for April"! The two sides do not compromise with each other, in this regard, the fairy is more active, has its own funds, is the active party, but Matsumoto is different, not only is there a shortage of domestic funds, but also a day of staying here will cost a day's expenses. The company's headquarters is eager to weaken the strength of the fairy's Chinese company, and it is even more fantasical that the continuous deterioration of the Indian economy can drag the fairy down, even if it can't drag her to death, it will drag her a large amount of money to reduce the resistance to competition in the future, which is a big strategic problem. At this point, the fairy naturally knows, so she is betting on some large companies in the world, the fairy wants to increase her own strength, weaken the strength of competitors, and people are not stupid, it is a wishful thinking to drag her down, just passive, the other is active!
Fairies actually prefer to buy large Japanese companies, because Japan is attacking the Chinese market in a big way, needless to say that it needs a lot of money, and companies without money can't play at all, and they don't worry about these opponents not cooperating; And the Japanese company is also worried that if the fairy goes to cooperate with Lao Mei's company, then they will not be able to make anything, at least they will not be able to get a bigger advantage in the duel with the fairy Chinese company. The fairy was still not satisfied, and the negotiators who were used to reaching out to them wanted to withhold part of the book funds, which made Matsumoto even more annoyed, and the two sides quarreled over this issue. The fairy said, "According to the company's practice, a part of the book funds must be left", and Matsumoto's negotiators shuddered when they heard the fairy's proposal to keep 20% of the proportion, which is also too ruthless, this "exclusive convention" is "the fairy's invention", and life or death is not to agree, nor do they agree with the fairy's proposal of "the government will decide". Of course, this is impossible, and if there is a two-one and five, it will be a greater loss.
On March 23, the negotiations that lasted for half a month finally came to an end, and the agreement stipulated that the fairy would pay Matsumoto 70 billion yuan, half of which would be paid in advance, and the rest of the funds would be paid before September 24. In this way, after the fairy paid the initial acquisition funds, Matsumoto left the Indian market with 91 billion yuan, and in order not to make the book funds of the Beichuan company empty, the fairy borrowed an extra 10 billion yuan when she took out a loan from Deutsche Bank, and immediately replenished it. The staff of the Matsumoto headquarters has not left, and the fairy's employees have entered the various departments of the Beichuan company, and the implementation of the bottom of the plate is received, and these staff are receiving while praying that Matsumoto will leave some handles, so that they can extort a sum of money, but unfortunately, Matsumoto is worthy of being a large company that has been mixed in the world for many years, and he didn't let the picky fairies catch half a handle, but this is fine, "sincere cooperation" with each other!
At the same time as the acquisition of Beichuan Company, the fairy also made contact and negotiation with Shijia Company, and the situation of the two companies was similar, the losses were very heavy, and the amount of book funds was amazing. Compared with Beichuan Company, Shijia Changhai's shrinkage is more serious, reaching about 80%, from a large company with assets of 350 billion yuan to a large company with only 70 billion yuan, which makes some of the staff of the fairy feel very incredible, which can be called the company's most loss, of course, except for those companies that are bankrupt. Although Changhai's assets are small, its book capital has reached more than 76 billion yuan, which is more than the company's assets; At the same time, the arrears are also higher, reaching more than 90 billion yuan, and the debt is also more than 40 billion yuan. The fairy quoted an offer of 60 billion yuan and a demand for more than 6 billion yuan of interception money, which is the bottom line of the fairy, and the two sides argued for a long time, and finally, Shijia, who was unwilling to struggle in India's already small market, agreed to the fairy's request. The reason why Shijia accepts such harsh conditions, on the one hand, is that Changhai Company spends a lot of money every month, and because it is impossible to make money, although those arrears are not dead debts, but most of them have been unable to recover, and in today's situation, the Indian market is too small, the European market can not enter, the competition in the Far East is too fierce, and at the same time, the reserve funds of Shijia's headquarters are not much, although they have obtained some money from the fairy, but they are quickly spent, and the European market will soon need capital investment, The abandonment of India has become a strategic contraction for Japanese companies.
The fairy's entry into India was also just in time for Japanese companies to shrink the difficult Indian industry, and it had become a trend for Japanese companies to abandon India, and not only large companies were sold out, but even some small companies were sold to some wealthy people in India at a price. In these two investments, the fairy paid a total of 65 billion yuan of acquisition funds and the same amount of contract funds, injected 20 billion yuan, and acquired two large Japanese companies with original assets of more than 700 billion yuan, which attracted widespread attention from Indians and became the most eye-catching economic event in the world at that time!
The shock that the fairy brought to the Indians was continuous, wave after wave, and this time, she gave the Indians an even greater shock. On April 23, a month after Fairy acquired two Japanese companies, it invested in the acquisition of a new material technology company in India, with an investment of 60 billion yuan, which is a big thing that Indians are concerned about. Before the economic crisis, Ji Ke company ranked fifth in the world in the industry, is the national pride of Indians, assets are only 20 billion yuan less than the fairy new material company, equivalent to only 4 billion US dollars in US dollars, according to the Indian words, if Ji Ke is trying hard, the fairy will be left behind (at the same time, India also put China behind). This is a certain statement, 33 years, the difference between the two companies is 220 billion yuan, and in 35 years, the difference is only 20 billion yuan, but close to the end of the world, 35 years in July before the two companies are connected, but only a month later, it is far from the same, one jumped to the top of the list, the other fell out of the top five in the industry, fell to the seventh position in the world, and the gap reached 650 billion yuan. Can this not shock the Indians? Of course, shock is shock, and we can't disrespect the facts, at least the critics said a fair word, the fairy acquisition (Ji Ke's branch) is "saving Ji Ke", and only the fairy can save this big company.
This day, for some people, is an unusual day, Indians can give applause and encouragement to the fairy to buy Beichuan Company and Changhai, but can not accept that the Chinese company to take over their proud Ji Ke's Ji Duo company, because Ji Ke is a pride in their hearts, is invincible national self-esteem, Indian Internet even launched a protest, people indiscriminately, blindly venting their dissatisfaction. The Internet is full of protests, reports of the company's finances, and various comparisons of numbers, but in any case, many Indians can't accept this reality!