Chapter 523 Final Battle (4)

  People are always accustomed to magnifying bad things, and accustomed to magnifying any small harm. As for beauty and being treated kindly, what is that?

  Like Zhao Song, he will always remember that he once stood at the peak of 6,000 points in the flower stock market. He will never be glad that he only lost 8,000 yuan, although that was the vast majority of his property at that time.

Of course, in the last life in 2008, in addition to losing 8,000 yuan, he was still looking forward to one thing-that is, if he bought Volkswagen shares at a price of 30 euros in the German stock market in July , what a wonderful thing that would be.

   Because, in just three months, the stock price of Volkswagen has risen to 1050 euros (true event).

For Zhao Song, it was a cruel and beautiful memory: that year, when the A-shares plummeted, there was also the shocking case of Porsche's acquisition of Volkswagen. Two companies with the same founder and different founders fell in love with each other and killed each other. story.

   Time and space returned to Shui Lanxing. Before Liao Yingzhu left for the United States, Zhao Song asked her and the professors of Yangcai a question:

   Two math application questions, except for different environments, under the same conditions, will the answers be the same?

   Zhao Song got the same answer: the same.

  Because human hearts will change, human nature will change, only greed remains unchanged.

   That's the truth of the cycle!

  OK, let’s do it, after all, it’s not easy for a rebirth to remember a big event, so let’s maximize the benefits anyway.

   July 27, 2001.

  Wanwan hits the king bomb: Fantasy, Acer orders Huashi, the PC godfather enters the market, and the entire IT sector of the Wanwan stock market skyrockets.

   However, the Wanwan side did not know, how could Zhao Song forget his fantasy, and how could he miss the two large-scale enterprises of Acer.

  While they made the original procrastination purpose of the Zhao Song clan declare bankruptcy, they also made the Zhao Song clan launch a backup strategy plan, turning a business war that extended into the financial field into a complete financial war.

  So, starting from July 28, the Zhao Song clan disappeared completely, leaving only Liao Yingzhu to charge with her shell company DNW:

   At 14:00, DNW officially released an Offer to the board of directors of Huashi Technology Group, and will discuss the acquisition of Huashi with the board of directors of Huashi at a price of NT$125.

  DNW officially hostile takeover of Huashi!

Just an hour later, Huashi's board of directors rejected DWN's offer—whether it was the shell company DNW, or the Tesla behind it, they were much smaller than the Huashi Group, and Huashi couldn't find any reason at all. Agree to this nonsensical takeover offer.

   On August 1, DNW claimed that its acquisition offer was supported by the majority of shareholders of its own company and Huashi Company.

  It was also just an hour later that Huashi Group announced that it was considering acquiring the electronics foundry giant Inventec for NT$28.7 billion-they wanted to make the cake bigger, so that even DNW could not eat it no matter how big its appetite was.

   Of course, the whole world knows that Huashi is joking, because the biggest feature of these electronic companies in Wanwan is the founder's enterprise. Who wants to create a business that he has worked hard to create for others?

   However, when Shi Xuebin swore to reporters, he still gave confidence to countless investors.

On August 8, DWN, which had been silent for many days, raised its offer again, and made an offer to Huashi at a price of NT$288 per share, which was 50% higher than the market price. After the acquisition, provide them with a total of 56 million US dollars in compensation.

   For a while, there was a big uproar in public opinion, and the global financial community began to pay attention to this hostile takeover and anti-takeover battle!

At the same time, a large number of hedge funds in Europe and the United States have participated in speculation in this great and lucrative business. At this time, the stock price of Huashi Group in circulation has risen from 125 to 125 NT$208.

  On the Huashi trading interface of the stock market, I saw a large number of selling orders, but the buying orders were blank.

   On August 14th, the chairman of Eminence Capital, one of the shareholders of DNW, declared in an interview with a financial media reporter that Huashi Group would consider DNW's acquisition offer.

   On that day, Huashi’s share price was NT$331.

   On August 15, Ms. Liao Yingzhu, CEO of DNW, said in an interview with the Wall Street Journal that the remarks of the chairman of Excellent Capital were completely out of thin air, and she would consider suing Excellent Capital in a local court for leaking trade secrets to competitors.

   On that day, Liao Yingzhu saw through the undercover agent sent by the third Wanwan side.

   Huashi is quoted at NT$355.

On August 21, DNW issued an announcement again, claiming to hold 23.44% of Huashi's shares. At the same time, Shi Xuebin urgently purchased an additional 500,000 shares to ensure its shareholder status. However, DNW's continuous cash flow and Zhongmeiren Capital With support, this share is just a drop in the bucket.

   That afternoon, Zhang Jianmou hurriedly walked into the Huashi headquarters, and after discussing with Shi Xuebin for an entire afternoon, he left with a confident smile.

   An hour later, the smug Shi Xuebin walked up to many financial reporters and declared:

   "As long as DNW abandons its plan to acquire Huashi Group, Huashi is willing to make an offer to DNW at a price of US$950 million."

   At the same time, Excellent Capital applied to the court as a 5% shareholder of DNW to prevent DNW from refusing to negotiate with Huashi Group.

   With the declaration of Excellent Capital, the capital structure of DNW was also exposed to the global capital market. In addition to the number of shares held by major shareholders, DNW was also disclosed the fact that it held 4.79% of Tesla's shares.

   In return for his own way, after more than half a month, Hua Shi counterattacked and acquired DNW Co., Ltd. hostilely.

   On that day, Huashi quoted NT$411.

   "Bamboo, do you know what is the coolest thing in the financial field?"

  "Jedi counterattack?"

   "What's better than a Jedi Counterattack?"

  “.”

   "It's the hero who fought back against the Jedi!"

  “.”

   Is this a double positive or a double and negative?

   2001, August 28.

   Liao Yingzhu, who walked out of the terminal of Wanwan Taoyuan International Airport, still remembered the words Zhao Song once teased him.

   She smiled and looked around:

   In front of you, is the connection of the busy traffic, the skyscrapers in Yuntun Wuji, and the traditional characters that are familiar and unfamiliar.

  This is Zhonghuajiawanwan Province, a girl from a mountain village. After two journeys across the Pacific Ocean, she came here in August 2001.

  Option is a common investment method abroad (there are but not many in China). There are two types, one is calloption and the other is putoption. A call option is to give the buyer a right to purchase a specified amount of shares of a company at a specified price after a specified date is reached.

   On the contrary, putoption, after reaching a specified date, can sell a specified amount of shares of a company at a specified price.

   It is a financial derivatives business, all transactions are off-site, hidden and without a trace.

   On this day, Liao Yingzhu came to Wanwan, as the CEO of DWN Co., Ltd., and signed option transactions with many investment companies, and the date of the rights and interests that those investment companies will exercise is

   September 18, 2001.

   "Liao."

In the commercial vehicle that told the exercise, David said worriedly, "I don't understand the meaning of the date of September 18 at all, and also, plus all the options you can get this time, it will not reach the control of Huashi. Purpose."

  Liao Yingzhu looked at David with a smile and asked:

   "David, what do you want to ask?"

   "What are your plans?"

   "Acquisition of Huashi."

  Liao Yingzhu replied with a smile, "Then integrate Tesla and Huashi Group. After all, the two sides are a perfect match for the complementarity of resources, skills and skills!"

   "I don't see the possibility of a successful acquisition at all!"

  David said angrily, "And what is Zhao Song doing during this time, and what day is September 18?"

"I do not know either!"

  Liao Yingzhu spread her hands and said with an unabated smile, "That's when Zhao Song decided, and even if we fail, we will lose $18.9 million and Tesla's shares."

   19.8 million US dollars, 46 times leverage, get more than 5% of Huashi's shares, this is the final report card of Liao Yingzhu's extreme micro exercise!

  David's face darkened instantly: "Liao, if we run out of our Huashi shares now, we will make a profit of 1.5 billion US dollars."

  Liao Yingzhu stared at David without fear:

   "David, what was our original purpose?"

   "Delays the counter-cyclical pace of the Wanwan foundry industry."

  “Why?”

   "Because several of us are underwriters of Shenzhou listed on the New York Stock Exchange, the higher the share of Shenzhou in the foundry sector, the greater our income!"

   "So?"

  “So?”

David stared at Liao Yingzhu incredulously and shouted: "So, because of your country's fantasy and Wanwan Acer's order for Huashi, the foundry sector here has soared, and those Wanwan companies are now not short of funds to expand in the mainland. , so our plan went bankrupt!"

  “Clap~”

   A newspaper was thrown in front of David, Liao Yingzhu patted the newspaper and shouted back at David:

   "On August 23, Jiangsu Province and Shenzhou reached an investment agreement to loan 1.3 billion RMB to Shenzhou to establish the Suzhou Industrial Park as the third industrial base of Shenzhou Technology Group."

  “Clap~”

  “Clap~”

   Liao Yingzhu patted the newspaper angrily and looked at David gloomily:

   "Mr. David, Wanwan enterprises are not short of money, why is this investment taken by Shenzhou Technology?"

  “.”

  David was silent.

   "Because they not only want to be empty-handed and white wolves, but also want to get the rights of first-class citizens on the mainland, and they have to appear superior everywhere!

  Who the **** gave them the guts?

   The same conditions, instead of giving these bastards, why not give Shenzhou Technology, which is truly invested in? "

   Liao Yingzhu's roar grew louder and louder.

  “.Liao.”

  David swallowed hard, moved his hands hurriedly, motioned her to be calm, and said softly:

   "The point is the monad, the expansion of Shenzhou is a good thing, but what about the monad?

  The capital city of Yizhuang, the super-large-scale industrial park in Guancheng, and now the industrial base costing 2 billion in Jiangsu Province, will there be so many orders for Shenzhou? "

  “So”

  Liao Yingzhu tilted her ugly head to look at David, and said softly, "So you ask why Zhao Song hasn't moved during this time, I'll tell you, he's busy getting orders."

  David smiled wryly, took out the financial magazine in his briefcase, pointed to the numbers on it and said:

   "Liao, what about getting orders? Look at the rise in the foundry sector in the Wanwan stock market. How much can you lower their prices when you get orders?

  Liao, AUO, Guangda, Wistron. These companies are not bad for money now! "

  “.”

  Liao Yingzhu stared at David in a daze, and after a long time, she asked softly:

   "David, thanks for the reminder!

  Zhao Song once reminded me that you are the most trustworthy among several great deeds, and now it seems that he is right. "

  David shook his head and smiled bitterly:

   "Thank you for your trust."

   "So David, what are you worried about?"

  Liao Yingzhu asked curiously, "Even if we lose, according to the gambling agreement, you can also get Tesla shares of the same value. I think that is what you should value more than cash, right?"

   "Because I value Zhao Song more!"

  David solemnly stared at Liao Yingzhu and said word by word:

   "Tesla can only achieve what I expect under his absolute leadership!"

  “.”

  Liao Yingzhu nodded slowly and said seriously: "Thank you, please also believe in Zhao Song, we will not lose!"

  “Clap~”

   At the same time, Beibuwan Road, BH City, Gui Province.

   In the most prosperous street in BH City, two people in the crowd accidentally bumped into each other, and a PHS mobile phone fell apart and was torn apart.

   "Rely on~"

   The middle-aged man angrily grabbed the collar of the young man and shouted loudly, "Pay!"

  The young man hurriedly pointed at the bright yellow door not far away in fear, and said sternly, "Xiu!"

  “.”

   Five minutes later, Shenzhou (Hasee) Beihai Beihai Bay Road Service Center.

  Little Li, the maintenance receptionist, took the middle-aged man's broken PHS mobile phone.

  “click~”

  He first put the motherboard on the back case skillfully.

  “Clap~”

   Then insert the battery.

  “click~”

   Then close the front cover.

   "Da~"

   Then press the power button.

   "ding~du~dong~"

The    triad start-up chime rang.

  ‘Hasee’ screen flashes.

   "Dudu, dong dong, ding ding~"

  Li quickly pressed the dial button.

   "Ring Bell~"

   The landline rang.

  Xiao Li picked up the landline, handed the microphone and PHS to the middle-aged man at the same time, and said with a smile:

   "Try it."

  The middle-aged man hesitantly put the microphone and PHS on his left and right ears.

  “Hello~”

  “Hello~”

normal.

   The middle-aged man was stunned.

   "That's it. Is this all right?"

   "Hmm~"

  Little Li nodded and said rightly:

   "Dear customer, next time you encounter this situation, you can try my method. If it doesn't work, it doesn't matter if you use it for repair."

  “.”

  The middle-aged and the young looked at each other.

   What is the quality of his N.?

   It fell like this, but it still works!

   Gong sent the customer away, and Xiao Li filled in the maintenance records earnestly. When he casually glanced at the statistics, his eyes suddenly lit up. He quickly picked up the record book and hurried to the backstage.

  Functional machine, plastic shell, large gap between the shell and the main board, multiple fixing points, multiple **** for one fall, and use of disintegration to consume colliding energy.

  Nokia's routine was finally learned by the Shenzhou factory.

   "Report to the chairman, the after-sales records of Shenzhou PHS have met the requirements."

   August 28.

  Wanwan is fighting a financial war, and Shenzhou mobile phone production business has officially entered a mature stage, becoming a bargaining chip for more OEM orders!

  Wancheng Mansion, Zhao Song put down his mobile phone with a smile and shouted to the bedroom:

   "Daughter-in-law, if you're done packing, you won't be able to catch the plane if it's too late."

   On this day, Zhao Song will also bid farewell to his girlfriend.

   Fly to France.

  Yes, the plane.

airplane.

airplane!

   This chapter is a bit messy, so explain the following plot:

   In 2008, Porsche SE acquired Volkswagen, and the Volkswagen shares rose directly from 30 euros in July to 1,005 euros in October.

   It was a hostile takeover case that attracted worldwide attention.

   The specific operation was not found. I directly took the acquisition case of the Wall Street Journal as a reference, and directly wrote the process, without writing the specific operation method, saving hydrology. Interested friends can read the English report.

   In the end, that hostile takeover case ended with Volkswagen’s reverse takeover of Porsche.

   Of course, the fuse was the black swan of the financial crisis.

   At the end of this chapter, it also reminds what the black swan of this financial war in the text is: 2001, September, the plane!

   (big chapter, more than 4000 words)

  

  

   (end of this chapter)