Chapter 405: Yokohama Electronics

Rose thought about it carefully and was still a little uneasy, looked at Zuo Jiang and asked Mr. T, is there no other condition? ”

Zuo Jiang said: "Yes, the main conditions are these, in addition, there is a question of the duration of cooperation, I mean, our two companies first sign a three-year cooperation contract, after three years, if we cooperate happily, it is not too late to renew!" ”

Rose was very surprised when he heard this, and couldn't help but ask, "Why is this?" ”

Zuo Jiang said: "We Chinese like 3 numbers, many people use 3 auspicious numbers, and even more things are only 3 words, 3 means fulfillment, so we will take a period of 5 years, and if there is still the will to continue to cooperate at that time, it is not too late for us to talk about cooperation." ”

Being able to cooperate with an accomplished company like Harry Potter Financial Investment Company has earned a year, let alone three years, although Soros has long-term cooperation plans, but seeking cooperation is already a big step of success, not to mention that it can be talked about again after three years, this is already a huge success!

Zuo Jiang's heart is very clear, he has considered the three-year cooperation very comprehensively, taking advantage of the collapse of the Soviet Union in 91 and the economic collapse of the economy, he pushed Soros and his quantum fund in front to make a lot of money, and then blocked the pound in 92, and then after the United Kingdom made a lot of money, he retreated. He wants to use the past three years to make a lot of money, and at the same time to get a certain amount of political capital in the United States, and then enter the industry in a big way When the financial crisis in the continent is certain, it is certain to block Soros, and the wealth he has at that time is unimaginable, and if he makes his own move, he will not even need the Chinese government to bail out the Hong Kong market.

The banquet ended in a pleasant atmosphere, and finally the two sides agreed to discuss cooperation matters from tomorrow. Although the Japanese stock market has fallen again and again in the past few days, Zuo Jiang is still in the sight, and it is far from falling to Zuo Jiang's expectations. Therefore, now Zuo Jiang and his entourage are very relaxed, and Zuo Jiang is responsible for the negotiation, and she is responsible for the specific negotiation matters.

The collapse of Japan's stock market quickly caused ripple effects, and although the stock market crash initially affected only the wealthy, these people were a vital group whose members held the majority of consumer income and constituted the lion's share of personal savings and investments. As a result, the stock market crash caused the Japanese economy to lose the support for spending formed by the earnings of portfolio investment.

After the stock market crash, the collapse of the system of holding companies and investment trusts significantly weakened the ability to borrow and the willingness to finance investments, which quickly translated into a decrease in orders and an increase in unemployment. Affected by the stock market, financial turmoil also occurred due to the bursting of bubbles6. Banks have failed one after another, and a large number of enterprises have gone bankrupt or closed down one after another, including an electronics company that Zuojiang has acquired in the early days

Yokohama Electronics Co., Ltd. is a medium-sized company in Japan, integrating scientific research, production, distribution and after-sales service, its main products are consumer electronics products such as color TVs and communications, including electronics research institutes, electronic chip factories, electronic component factories, assembly plants, sales companies, after-sales service companies and overseas departments, etc., a total of employees whose technical research has been close to the highest level in Japan, is an emerging listed company.

Taking advantage of the frenzy of the Japanese stock market, the company raised a lot of money from the stock market and expanded ambitiously, reaching a market value of about $12 at its peak. The impact of the collapse of the Japanese stock market is huge, the company's market value has shrunk rapidly, and in just one week, it has changed from yen to yen, and it has lost more than 8 US dollars in a week, and the capital chain supporting the company's development has been broken!

Despite the collapse of the economic bubble in the course of the place. The number of people who have directly suffered losses is limited. But banks can't avoid a lot of bad debts. And the problems of the banking system have an indirect impact on everyone. Banks collapsed en masse. The rest of the ground struggled to hold on. Companies like Yokohama Electronics Co., Ltd. simply don't have access to high bank loans. The building was overturned in an instant. It is impossible to continue to operate. Bankruptcy protection has now been filed. Seek funding for restructuring.

Saoe, Jenny and James have been in the room for an afternoon studying and analyzing the problem of Yokohama's electronic ground. Jenny and James were observed after a while. The decision on whether to acquire or not will be made on a case-by-case basis. Zuo Jiangdi, on the other hand, meant to start the acquisition immediately. Zuo Jiang also knew that he was waiting patiently for a while. The market value of Yokohama Electronics Land will continue to shrink. It would be most cost-effective to make an acquisition at that point. But Zuo Jiang didn't have the patience to wait any longer.

Zuo Jiang said: "What is the purpose of our acquisition of a company? Of course, it is to earn greater profits. Now the acquisition seems to be a bit high-priced. We had a bit of a loss on the acquisition. But we have to think about the future of the company

The e-market is now on duty for $4. From your assessment just now, don't forget. Their overseas exhibition plan has great potential. Now the project has been discontinued due to funding and location problems. If we buy it right away. Once funding, the plan could be implemented immediately. If you drag it out. This plan is likely to be aborted. At that time, it didn't make much sense for us to buy even if it cost less! ”

Jenny and James have limited knowledge of the electronics industry. Then they look home. A company like Yokohama Electronics. The technology is far from that of large companies such as Panasonic and Hitachi. The market share in Japan is only a little more than 1%. Overseas markets are just getting started. The local products of Panasonic and Hitachi have long occupied the European and American markets and the Asian market. There is simply no need to spend so much money to acquire it. They don't understand why Zuo Jiang is paranoid about buying a Japanese electronics company.

Zuo Jiangdi's thoughts, they will never understand. Yokohama is small in size. However, the company's main direction of attack is communication electronic products. Now the company independently researches and produces local radio communication products. It is close to the level of Motorola's ground research. It is very helpful to study and open \ mobile phone products in the future. Although TV products are not as good as those of Panasonic and other companies. However, it is much higher than that of local TV factories in Chinese mainland. The main thing is that this company has its own chip factory. Being able to independently research and produce chips is the most important thing. What's more, there are still DVD players waiting for you in China. Early research and training of engineers is the right way.

Zuo Jiang said: "I am optimistic about this company's radio communication technology, I have carefully analyzed, Yokohama Electronics' radio communication technology is at the leading level in Japan, and it is relatively advanced in the world, and large companies like Panasonic Hitachi are mainly oriented in consumer electronics, and there is very little investment in it, so the technology is not as good as Yokohama Electronics." Since I can see this, others can see it, and I don't want someone else to get ahead of me, so we have to do it as soon as possible. ”

Jenny and James saw that Zuo Jiang had decided to make the acquisition now, so they didn't express their dissenting opinions, because, since the establishment of the company, Zuo Jiang has never made a mistake in every decision, at the beginning they were a little incomprehensible, and even felt that it was whimsical, but as things became clear step by step, it suddenly became clear that Zuo Jiang's vision was so far-reaching and how correct the decision was.

Jenny said: "Since the chairman has decided, we will implement it to the letter, do you have any specific requirements in terms of acquisition?" ”

Zuo Jiang said: "We must have a controlling stake in the acquisition of Yokohama Electronics, and it is nothing to spend more money. At present, the total assets of Yokohama Electronics are yuan, which is equivalent to about 400 million US dollars.

Although the ideal price to achieve the holding is more than 2 US dollars, we can control it within 3 US dollars, and I think they will not be tempted by the temptation of such a huge amount of money! ”

Jenny said, "Chairman, I understand! ”

Zuo Jiang asked, "Jenny, how are the negotiations with the Quantum Fund progressing now?" ”

Jenny said: "The negotiations with the Quantum Fund have basically been agreed, and only some small details are still being negotiated, and it is estimated that there will be a result in two days." ”

Jiang thought for a while and said: "Jenny, you leave the negotiation with the Quantum Fund to James, you immediately start the acquisition of Yokohama Electronics, time is very important, the sooner the better, this matter will be left to you to be fully responsible, everything in the negotiation is up to you, you don't have to go through me anymore, I just want the result!" ”

After Jenny and Jaime went out together, Zuo Jiang sat on the sand and stretched hard, he felt very tired these days because he was thinking a little too much about the acquisition of Yokohama Electronics. Although Toyota Motor Corporation and Nippon Steel Corporation, which Zuojiang decided to buy shares in the Japanese stock market crash, were also greatly affected, after all, the emaciated camel is bigger than the horse, and it is also necessary to pay a huge price if you want to acquire shares that can be included in the board of directors.

Zuo Jiang's memories of his past life told him that the Japanese stock market would only bottom out in October this year, and that the best time to make a purchase would be then, and there was no need to stay in Japan any longer. Now that the Spring Festival is not long away, Soros has already invited him to New York after signing the cooperation agreement, and Quantum will hold a small internal celebration reception to celebrate the success of the cooperation between the two sides.

A celebration reception can also be held in Tokyo, but why is Soros arranged in New York? Zuo Jiang can figure out what is going on with his feet, and the focus is on the word "internal", that is, Soros will invite some people who support their political circles to participate, and they must not be allowed to come to Tokyo for a meeting. What Zuo Jiang needs is Soros's political resources, and he will never let go of such an opportunity, even if he misses returning to China for the Spring Festival, he must participate! (To be continued, if you want to know what will happen next, please post 6 sections more, support for \, support genuine reading!) )