Chapter 514 Tactical action (seeking monthly ticket)

  After meeting and discussing with the three founders of ATL in the morning, Xia Jingxing met with Tetsuji Shanxi, the executive director of TDK Group, who came to China from Japan on a special trip in the afternoon.

  The senior executive director is a unique position of Japan, one level higher than the executive director. In Japanese companies, it is second only to the president and president, and is considered a member of the senior management.

  Liang Shaokang previously served as chairman and CEO of TDK Group Greater China, which sounds very bluffing.

  But at the headquarters of TDK Co., Ltd. in Japan, the position sequence is senior executive officer, three ranks lower than Shanxi Tetsuji.

  Japanese companies have a serious problem of capital allocation, and there are basically no younger executives. Shanxi Zhesi is nearly 60 years old, and his hair is a little gray.

  In the conference room of the ATL company, this old Japanese man is sitting upright in a chair.

  Seeing the meeting room door opened, a group of people walked in with a young man.

The interpreter next to    introduced Shanxi Tetsui. The old Japanese man immediately got up and bowed respectfully to Xia Jingxing.

  Xia Jingxing did not go back, but came to the highest etiquette in the arena-holding fists.

  This was originally a traditional Chinese way of showing gifts, and Xia Jingxing didn’t feel that it was taking advantage of him.

   Bowing that thing, he really couldn't learn it, and he didn't think it was appropriate.

  If someone gives you a jug, you have to jug it back?

  You don’t need to go with him, everyone talks about each other, it’s good!

  The TDK Group is not as famous as Toyota, Honda, and Mitsubishi, but it is also a large enterprise with nearly 100,000 employees and billions of dollars in annual revenue.

  However, Xia Jingxing is a well-known super-rich in China and the United States, and Facebook and Envision Capital are also well-known companies.

  In terms of value and status, Xia Jingxing is far better than Shanxi Zhesi, who is just a corporate executive.

   Said that I respect the strong. Before the formal meeting, Shanxi Zhesi had obtained all the detailed information of Vision Capital and Xia Jingxing.

  So, Shanxi Zhesi didn't think there was any problem with Xia Jingxing's holding a fist in return.

After Chen Tanghua, Zeng Lunqun, and Liang Shaokang introduced the two sides, they sat for a while and left the meeting room, leaving the place for both parties.

   "Mr. Shanxi, I will just say that Envision Capital is the best buyer of ATL, and TDK will let go in due course, which may be more in line with your company's development strategy."

  Xia Jingxing’s words were translated by the female translator on the side to Shanxi Zhesi.

  Shanxi Zhesi said a lot of "Kulijiwa" after listening, but Xia Jingxing didn't understand a single sentence.

  However, Envision Capital also hired a temporary female translator, who was sitting next to Xia Jingxing and quickly translated for Xia Jingxing.

  "ATL is a well-known and world-leading company in the battery field. Our TDK Group is very interested in it.

  After the completion of the acquisition, we will invest tens of billions of yen (100 million U.S. dollars) in ATL, continue to increase R&D investment, and maintain the technological leadership in the battery field..."

  Xia Jingxing couldn't tell whether what he said was the truth or the lie, so he continued to test.

  "The main business of TDK Group is the production and sales of electronic raw materials and electronic components. The main products include ceramic capacitors, aluminum electrolytic capacitors, film capacitors, ferrites and inductors, high-frequency components, piezoelectric and protective devices...

  Batteries are an unfamiliar field to the TDK Group. You have Panasonic batteries in Japan, LG Chem in South Korea, and BYD and BAK batteries in China. This is a very competitive industry.

  ATL just has a certain market share, not technological leadership.

  In fact, Carlyle’s directors assigned to ATL also had a resignation after visiting the BAK battery factory..."

  After listening to the translation, the old Japanese man shook his head repeatedly, "Mr. Xia, if ATL is so bad as you said, why would Envision Capital look at this company? Is he willing to spend 100 million US dollars for this?"

  After finishing speaking, Shanxi Zhesi looked at Xia Jingxing with piercing eyes, trying to see through the latter's true thoughts.

  Although he respects Xia Jingxing’s status and wealth, it does not mean that he has to make concessions in negotiations.

  In fact, after knowing that Envision Capital participated in the ATL acquisition bid, their TDK Japan headquarters had mixed reactions.

  Some senior officials suggested that the Chinese should be severely slaughtered, and the ATL shares held by them should be sold at a high price;

  There are also high-level executives who suggest that their own company wholly acquire ATL and enter the battery field to open up more business and possibilities for the company.

  The two parties have very big differences, and no one can persuade each other.

  Before sending him to China, the president had explained to him and acted according to circumstances.

   Therefore, Shanxi Zhesi is constantly testing Xia Jingxing’s intention and purpose of acquiring ATL.

  After listening to the translation, Xia Jingxing looked at the old Japanese man. Compared with a finger, he said lightly: “The reason why Envision Capital is willing to take over ATL is that we plan to make mobile phones first and have invested 850 million US dollars around the mobile phone industry chain;

  Secondly, Envision Capital also invested in a new energy sports car company. The battery is our key technical direction.

  We value the technology, talents, factories, production capacity that ATL has accumulated in the battery industry...

  This company can be used when it is bought, and it has become a piece of our industry puzzle. "

  The reason why Xia Jingxing used the guise of "industrial investment" was to paralyze the Japanese old man.

  If we talk about it from a purely financial investment perspective, it might give Japan a bad association: Is it possible that Envision Capital has seen the future trend of the battery industry and has a chance to make a lot of money?

  Currently, Carlyle Investments and 3i Capital, as financial investment institutions, are clamoring to cash out because they don’t believe that ATL has a future. Investment is destined to not make a lot of money, or even lose money.

  Vision Capital, as a peer, as a mature financial institution, it is impossible not to see this.

   Can you jump in because you know it’s a fire pit?

  If something goes wrong, there must be a demon!

  After listening to the translation, Shanxi Zhesi nodded slightly. This is the same as their judgment. The acquisition of ATL by Vision Capital is not measured by pure financial investment, but wants to open up the entire industry chain.

They have seen the information of Envision Capital, and indeed it has spent US$500 million to establish a mobile phone company, US$100 million to build a mobile phone operating system, and US$250 million to establish a mobile phone industry M&A fund. The new energy vehicle company called Tesla also Tens of millions of dollars have been invested.

  Nearly one billion US dollars have been invested, and it is not incomprehensible to spend 100 million US dollars to buy a battery company and incorporate it into the entire industrial system.

  This is estimated to be the real reason why Envision Capital still came to take over when Carlyle and 3i were not optimistic.

  The old Japanese man is sure that he has determined Xia Jingxing's acquisition purpose, and continues to test his acquisition intentions.

   "Mr. Xia, we can understand the idea of ​​Envision Capital to open up the industrial chain, but ATL is also a company that the TDK Group has to win..."

  The cunning Japanese old man began to make up his own reasons for the acquisition, such as the slow growth of the traditional business of the group, and gradually entered a bottleneck period, urgently need to develop innovative businesses to boost the company's morale and stock price.

  Xia Jingxing listened attentively to his "synchronized translation", and after the old man finished speaking, he replied: "Why not, Envision Capital acquires 51% of the shares and controls ATL, so that we can also achieve the purpose of industrial chain control.

  And TDK, holding the remaining 49% of ATL shares, can also achieve the goal of sharing corporate development dividends. "

  After listening to the translation, Zhesi, Shanxi, retorted loudly like a cat stepping on its tail.

  "If ATL is controlled by Envision Capital, it will be labeled as yours. It will only provide batteries for your mobile phone companies and automobile companies, which is equivalent to becoming your subsidiary and exclusive supplier.

   seems to be good, but it also means that customers of other mobile phone manufacturers, even auto manufacturers, have been lost.

  What ATL can develop into, is to be entrusted to your mobile phone company and automobile company.

  TDK Group cannot accept such a plan, and we will not accept any other form of joint venture..."

  Xia Jingxing listened to the translation on the side, and her smile turned dark.

  Because TDK Group is a shareholder of ATL, it enjoys the right of first refusal to purchase shares.

  In other words, at the same price, Carlyle, 3i and other shareholders should give priority to sell their shares to TDK.

  The reason why Xia Jingxing didn't find Carlyle and other institutions first was because he was afraid that these companies would take their own quotations and turn around to find Japan to drive up prices.

   And as long as he takes the lead to settle TDK, the remaining shareholders will be the fish on the chopping board, and they will be slaughtered at will.

  TDK is one of the key shareholders, because it is not in a hurry to withdraw, but has the intention of bidding.

  Faced with the old Japanese man who was unable to make money and salt, Xia Jingxing began to draw on the topic.

  When the old man finishes speaking, the translation is finished here.

  Xia Jingxing slapped the table fiercely, and said furiously: "Fuck you, I gave you Xiaoyue's face, right?

  What is my identity? I kindly invited you to run a joint venture, and you also mocked me for destroying ATL.

  Don’t say you are just a small executive director, even if you are the president of TDK, you are not qualified to make irresponsible remarks in front of me.

  Let’s not talk about it, let’s bid directly tomorrow! "

   Suddenly, Xia Jingxing's emotions broke out. Not only was his own translator dumbfounded, but also Shanxi Zhesi and his translators and entourage were dumbfounded.

  Although Shanxi Teesi didn’t understand, he was not blind. He watched Xia Jingxing’s motion of tapping the table, pointing to his nose, and speaking at the speed of a machine gun...

  The old man spread his hands, his face was astonished, and he didn't know what happened.

  After the translator truthfully translated Xia Jingxing’s swear words, the Japanese old man yelled "eight ga", stood up, "唰", pointed at Xia Jingxing and said a lot.

  The translator hired by Vision Capital asked in a low voice: "Mr. Xia...I... do I translate it truthfully?"

   "You said, you can't change a word, I see what he said."

  Xia Jingxing shot back without showing any weakness, staring at the upright old Japanese man with a beard and a flushed face.

   "Asshole, you irritable Chinese guy, you have no restraint. I just rejected your plan. I am not your subordinate. You have no right to scold me. The TDK Group, which has a glorious history of 70 years, is not afraid of any intimidation..."

  After listening to the translation, Xia Jingxing said coldly to the female translator, "You tell him, tomorrow I will use US dollars to smash his so-called 70-year glorious history into a pile of shit!"

   After finishing speaking, Xia Jingxing glared at the old Japanese man coldly, and withdrew a group of people.

  I left a room looking at each other and said myself, and there was also a Chinese translation.

  (End of this chapter)