The speech was written by Meiyun, and this kid has already memorized it well.

During the speech, he spoke the foreign language quite fluently and choreographed several gestures.

Guo Meifeng couldn't understand English, but she felt that her grandson was doing a good job.

After her grandson finished speaking, she applauded and waved encouragingly to the stage.

Di Di Da found out about the movement here, so she naturally had to respond to her grandmother, and by the way, she faced the side of the stage so that her sister-in-law could help him take pictures.

They were interacting here, but they forgot that after the presentation, there was a small question session.

The judge asked twice in front, but Di Di was stunned that he didn't hear anyone's questions, so he just waved to the audience.

It wasn't until he was reminded by the kindergarten teacher that he re-faced the judges and asked what they had just said.

Before the competition, this kid confidently said that he wanted to win the first prize, but in the end, he only mixed a fifth place and won the second prize.

When he went home crying, his father slipped out to clean up, and he barely realized his mistake.

Yu Tong helped the two children fill out the registration form and handed it to the kindergarten teacher.

It was not long before I learned the time of the interview from the teacher.

It collided with the time when Disco went to the ministry to report to work, and it was scheduled on the same day.

"Dad, can't you come with us?" Di Di Di dangled her father's arm regretfully.

"Wouldn't it be better to have your mother and grandmother with you! Mom is much better than me in this regard, and your grandma is also a big star in movies and TV series! Enough of them! ”

Di Didi pretended to regret and said: "Then you won't be able to see my wonderful performance!" ”

"When you are really selected by the show and become a little host, I can also enjoy your wonderful performance on TV."

Disco thinks that his daughter is good at everything, but she lacks the traditional Chinese virtue of "modesty".

Before the interview passed, she and Di Di had already called all their relatives and told them that they were going to be little hosts.

Disko flicked on her head, "Can't you be modest?" Before they were chosen, they preached it everywhere! If you don't get elected, aren't you ashamed? ”

Di Didi stubbornly guarded the door of her brain, "Didn't you say that it doesn't matter if you don't choose, anyway, we are children, and no one will laugh at us." ”

Disco: "......"

This is called having no fear, right?

Anyway, the two children were very excited because they were going to select the little host.

Every day when I come home from school, I have to perform a set of blowing, playing and singing in front of my parents, which is considered to be a preparation for the interview.

*

Disco's full focus is on the M&A symposium, and this report is too critical for take-off.

can only entrust the two children to participate in the selection to his daughter-in-law and Guo Meifeng.

The day of the official report is also the day when the children go to the TV station for interviews.

Di Di Di and Di got up from bed early in the morning and ran to their parents' room.

Di Di Di rubbed his eyes and said to Disko, "Dad, you are doing your best today!" It will be a success! ”

"Well, got it, you guys go sleep a little longer." Disco was still a little impressed.

Di Di Da continued: "My grandmother has gone to the Lama Temple to worship, we can all be elected today, my sister and I will definitely be able to be the little hosts, and you can also win!" My grandmother said, let's just work hard, and leave the rest to the Buddha! ”

Disco: "......"

What does this old lady teach her children?

"Okay, I received the heart, you guys should come on!"

Disco was successfully encouraged by his children and the Buddha, and rushed to the Ministry of Machinery Industry to report to his work.

At today's symposium, only Ma Yuanchao, Disco and Chief Accountant Weng Peiyun attended the meeting.

More than a dozen people came in one go, including the general manager, deputy general manager, finance, legal affairs, and R&D director.

Weng Peiyun saw the other party's battle, and couldn't help but regret it: "I knew that I would have called Lao Wang and Lao Jin and them all to give us a strong momentum." ”

"Haha, we're not here to quarrel," Ma Yuanchao said in high spirits, "If the merger is really successful, we will be a family in the future, and we will have a rare opportunity to meet all the leaders of Renhe Company, and just take the opportunity to get to know our colleagues in the future." ”

Weng Peiyun said with a smile: "Mr. Cai doesn't want to talk to you, you still want to know the leadership!" ”

He just went to Renhe to talk to Mr. Cai, and Mr. Cai hummed the whole time, and he didn't even want to give a person who took off.

"Lao Cai's feelings, we must fully understand and respect them."

The two chatted for a while, and the door to the conference room was quickly pushed open from the outside.

A group of leaders walked into the conference room.

Among these leaders, Disco only knew Vice Mayor Zhang, Vice Minister Li of the Ministry of Machinery Industry, and Director of the State-owned Assets Supervision Department.

The others were more familiar, and after the comrades in the general office introduced everyone's identities one by one, he matched the people.

"The soaring Ma Yuanchao and Disco are here, right?" Deputy Li asked.

Ma Yuanchao raised his hand to indicate that he was coming.

"Now that we've got all the people here, let's get started." Deputy Li nodded and said, "This old horse, who has been standing in the ministry for half a month, is waiting for today!" ”

Everyone else laughed cooperatively, and the atmosphere in the conference room was quite relaxed.

Vice Mayor Zhang also said: "The idea of Tengfei M&A is quite novel, and our departments do not have a unified view of this proposal. Today's time is here, and a lot of economics experts have been invited to take advantage of today's opportunity to discuss the feasibility of this kind of merger and acquisition. Our city is also very concerned about this merger. Who will speak about your take-off? It's time to go. ”

Disco got up and walked to the front of the conference room, made a brief opening remark, and got to the point.

"After hearing the proposal of Tengfei M&A, the first reaction of many comrades is, is this kind of merger and acquisition necessary?"

"This year can be described as a year of rapid development of Tengfei company, and the total output value of Tengfei in the first ten months of this year is seven times that of last year. We have developed well, but the family is not bad, the company is a technology-oriented enterprise, since its inception, almost every year there are new research and development results. Many people will ask, is it necessary for such two companies to be forced together? Isn't it good to develop separately? ”

The representatives of Renhe Company nodded one after another, that is, the two of us are not on the same track at all.

Why don't you have anything to do, why do you have to get along with us!

"Before answering this question, I would like to come up with a concept, which is industrial integration. ”

Zhou Jianjiang, who was standing next to the slide projector, replaced a slide and projected it onto the screen.

"Professor Cui of Peking University mentioned the concept of 'industrial integration' in a paper last year." Disco smiled at Professor Cui, who was sitting in the first row, and continued, "At that time, Professor Cui gave a very clear explanation, industrial integration, that is, the degree of concentration of capital and market in a country's main industries. ”

"Industrial integration is an important indicator of a country's international competitiveness. Take the United States as an example, the United States has a very high degree of industrial integration, and their way to improve industrial integration is mergers and acquisitions. Over the past 100 years, there have been four waves of mergers and acquisitions in the United States, and each time the merger has ended, a group of large conglomerates have emerged. ”

"In the period of planned economy, China's industrial integration is very high, and relevant enterprises in the industry can be linked through planning to efficiently complete production and distribution tasks."

"Take our Tengfei company as an example," Disco signaled Zhou Jian to continue to change the slides, "in the period of planned economy, we are still the 729 factory, and all the products produced do not need to worry about raw materials, because there are more than a dozen radio component factories and semiconductor device factories in Beijing, and there are higher-level authorities to arrange production plans, and our entire industrial chain is quite complete." ”

"However, after entering the market economy, there is no planned collusion, the original whole is broken up, and enterprises are swept into the wave of market economy to find their own way out, but the degree of industrial integration in China has gradually decreased."

"The reduction of industrial integration also means the reduction of the international competitiveness of enterprises. This year, my country conducted the third national industrial census, and before coming to the meeting, I consulted with the relevant departments about some of the data. At present, there are more than 7 million industrial enterprises in the country, of which only more than 6,000 are large enterprises. When you add up the total annual sales of the top 600 companies, it is not as good as the annual sales of General Motors in the United States. ”

"In order to participate in international competition as soon as possible, we need a number of large enterprises and large groups!"

Several of the economics experts who were invited nodded approvingly.

Most of them study the state-owned economy and the international economy, and before the meeting, almost all of them agreed with the merger proposed by Tengfei.

In their view, the take-off merger and acquisition is to prepare for becoming an international large enterprise group.

"Since the nineties, there has been a wave of mergers and acquisitions across the country, but mainly foreign mergers and acquisitions of state-owned assets, and private mergers and acquisitions of state-owned assets. State-owned enterprises are mainly strong and weak mergers and acquisitions, and these means are good ways to revitalize stock assets. ”

Facing the leaders and experts, Disco raised his voice and said: "However, for China, which lacks world-class large enterprises, the efficiency of strong and weak mergers and acquisitions is too low, so it is difficult to achieve a multiplier effect!" Therefore, we took off to put forward a plan to join forces with the company! Achieve the goal of 1 plus 1 is greater than two! ”

Someone interrupted at this time: "Do you think that the merger of Tengfei and Renhe Company will become a world-class enterprise?" ”

"Of course not now!" "But we can take off as a pilot project for a strong alliance between state-owned enterprises, and provide a reference for other colleagues who are more likely to become world-class large enterprises." ”

Vice Minister Li said: "Many comrades have doubts about this merger and acquisition because Tengfei and Renhe belong to two industries, and there is no overlap in your business. ”

"Leader, I don't think that Tengfei and Renhe do not overlap in business, in fact we are complementary." Disco shook his head and said, "Renhe has a lot of R&D achievements every year, but only one or two can really be transformed and implemented." After they have the research results, they have to take the project to find a partner and build a factory through a joint venture before it can be put into production. ”

"Since the main focus is on research and development, production and operation have become a short board. The conversion rate of results is too low, resulting in a lot of research doing day work. For example, the computer decoder board that they gave up halfway through their research is actually a very important item on our take-off import list. If the two sides can merge, Tengfei is willing to fund the continuation of this project, realize the localization of the decoder board as soon as possible, and save foreign exchange for the country. Tengfei's production capacity is undoubted, which can help Renhe transform more R&D results. ”

Hearing this, Mr. Cai of Renhe Company really couldn't sit still.

He raised his hand to interrupt Disko's speech, indicating that he had something to say.

Vice Minister Li said: "Today's forum is to help you both mediate, and everyone can speak freely. ”

Cai Hongtao said politely: "Mr. Di, if you want to cooperate with us, we can sit down and talk, and if you fancy our decoder board project, you can directly say, do business, there is nothing that cannot be discussed." But you can't take a fancy to the project, and you have to take our company away with you! ”

Ma Yuan Chaoxin said, buy a semi-finished product from your hands, and be offered a sky-high price, how can there be a direct merger and acquisition of the company!

Everyone is a subordinate enterprise of the Ministry of Industry, as long as the superior leader nods, even the money for mergers and acquisitions is saved.

If you have a software company for nothing, you can also get a semi-finished project for nothing, as long as your brain is not stupid, you know how to choose.

Disco said with a smile: "Mr. Cai, Tengfei has long been optimistic about Renhe Company, and if you want to blame it, you can only blame Renhe for being too strong!" We only want to cooperate with the strongest companies, learn from each other's strengths, and achieve industrial integration. ”

Cai Hongtao: "......"

He led the team too well, but it became his fault?

Faced with this ridiculous reason, Cai Hongtao was made out of temper.

Anyway, this is also to justify his name in front of the leader.

Renhe is because his strength is too strong, so he is favored by others!

"Mr. Cai, merging with Tengfei is not to make the merger disappear, but to make both of us better. After all, the strength of one finger is limited, and only five fingers can be clenched tightly to make the most powerful punch. ”

"There's been a fifth wave of mergers and acquisitions in the U.S., and this one is unlike any before. What they're doing is a combination of the strong. Boeing is the world's No. 1 aerospace company and McDonnell Douglas Inc. is the world's No. 3 company, but they are already strong, but they launched a merger this year, and if they merge successfully, they will be large enough to become the largest manufacturers in the field of military aircraft, civil aircraft and space systems. ”

"We have been very ambitious in the field of electronic technology, although we cannot reach the international advanced level in a short period of time, but we want to become the industry leader in China. Before coming to this symposium, Tengfei held an emergency internal board meeting. At the meeting, we have adopted a resolution. As long as this merger and acquisition is successful, Tengfei will set up a research and development center, and Tsinghua University and Renhe Company will undertake the "Ninth Five-Year Plan" national key scientific and technological research projects together to jointly develop integrated circuit chips! ”

Cai Hongtao: "......"

It seems that the ambition for this take-off is indeed quite big.

So far, there is no domestic machine manufacturer that can independently develop chips.

Even if they are in the company, they are just thinking about it, and they have never planned to start with chips.

That thing costs like water, and they can't afford it.

He asked Ma Yuanchao, who was not far away, "Are you really planning to make chips?" ”