Wealth

v5 Chapter 530: Kodak's acquisition proposal

"Kodak hopes the entire industry to acquire Chinese film companies. I am embarrassed by this matter." Boss Zhu said to Fan Wuyao.

Among the political commitments made by Boss Zhu, three years to allow state-owned enterprises to drag on their plight is the most impossible task. Because the news spokesperson of the Ministry of Finance announced a desperate reality in a briefing that year, the Ministry conducted random checks on the annual accounting statements of 100 key state-owned enterprises, and the result was that 81% Enterprises have false assets and false profits.

The speaker did not explain why this is the case, but everyone knows why this is the case.

"State-owned enterprises have reached the point where they must be reformed." Boss Zhu said to Fan Wuyao, "My solution is to reform, reorganize, transform and strengthen management, and the strategy implemented is to resolutely and thoroughly implement national retirement in non-key industries. Democrats."

"Oh, then, Kodak's industry-wide acquisition proposal is a touchstone?" Fan Wuyao immediately understood Boss Zhu's intentions. It seems that he wants to pass an unimportant industry pilot to verify it. The correct and feasible strategy of own national retreat and civil advancement, and then use this as a sample to promote national retreat and civil advancement in non-strategic industries.

According to Boss Zhu’s vision, the state only needs to exercise key control over industries that are related to the lifeblood of the country, while in non-key industries, it is entirely possible to introduce competition and use the active and profit-oriented private capital to compete in the industry. Lift up the strength to achieve the purpose of prospering the market and increasing vitality.

According to the content that the two parties are negotiating, the Chinese government has agreed that Kodak, the leader of the global film industry, will implement an industry-wide acquisition of the Chinese film industry. According to the agreement, all seven companies in the Chinese film industry will establish joint ventures with Kodak. Kodak has pledged to invest US$1 billion and bring world-class photosensitive technology to China.

Fan Wubing heard what Boss Zhu said. After this incident, he immediately frowned. He had never paid attention to this incident before. He just thought of the many films he had seen before. In 1998 It gradually disappeared in the next few years, and Kodak film was the only one in the market.

It turns out that there is such a business among them! Fan Wu's brain immediately began to turn around.

In fact, this plan proposed by Kodak was born four years ago, when the new Kodak president Pei Xuede asked to see Boss Zhu in Hangzhou and proposed this proposal for the first time.

At that time, Kodak was in an unprecedented disaster, and this veteran company, which has been a century-old company because of its understanding of photosensitive agents, received a strong impact from Ben Fuji. In the European and American markets, Kodak retreated steadily and shouldered a huge debt of more than 10 billion U.S. dollars.

There was once a black humor circulated in Kodak: What is the difference between Kodak and Titanic? The answer is: Symphony accompanied the Titanic shipwreck.

In the Chinese market, Kodak is also a laggard. Fuji occupies more than 70% of the Chinese film market. If through regular market competition, Kodak has no chance of winning.

Therefore, when Pei Xuede suddenly proposed to China to acquire Chinese film companies in the entire industry, everyone present felt absurd. This was a topic that had not been discussed beforehand. Even Pei Xuede’s senior entourage was the first to hear about it. .

However, only Boss Zhu didn't think this was whimsical, because in his heart, he was thinking about another game of chess.

“If Kodak’s current situation is utterly distressed, then China’s film industry is desperate.” Boss Zhu said to Fan Wuyao. “Like household appliances, beverages and other industries, the transformation of China’s film industry after the reform and opening up is also Beginning with the introduction of complete sets of equipment. Since the early 1980s, local governments have been vying to establish projects, and have successively introduced a complete set of color se film production lines from Kodak, Fuji and Aike in Germany. Among them, the introduction of Xiamen Fuda and Kodak has invested ten 500 million yuan, the Shantou AD and Fuji project cost as much as 4 billion yuan. In just ten years, China has built seven film factories, becoming the country with the largest number of film companies in the world. All the problems of state-owned enterprises are in film. Industry concentration has exploded, huge repeated investment, lack of technological digestion ability, lack of market competition, rigid mechanism and chaotic management. By 1993, all domestic film companies suffered losses, and the industry’s total liabilities exceeded 10 billion yuan. Faced with such a situation, I am at a loss."

It was at such a moment that Pei Xuede, who was also in a difficult situation, pointed out a bright path.

Boss Zhu talked about this, and his spirit was a little refreshed. “In my opinion, Kodak’s plan is tempting. In the process of the Chinese government’s reform of state-owned enterprises, Kodak will bring three things. One is technology. One is world-class management and the other is investment of at least one billion U.S. dollars."

However, Kodak's requirements are also exclusive. They do not allow any foreign competitors to enter China because they have to reorganize existing old companies, while other competitors can build new factories from scratch. This is unequal.

"But from the very beginning, Kodak's plan faced two major obstacles. One was the rebound of domestic film companies, and the other was Ben Fuji's boycott." Boss Zhu said to Fan Wuyao, "So from the very beginning, someone called me a gangster. *what!"

Fan Wubing smiled dryly and shook his head.

It is true that the transfer of an important industry to a multinational company is an unheard of practice in the history of Chinese companies, not to mention that companies have already had different partners, and their interests are intertwined, and there are many contradictions in the market. In fact, This motion itself meant the annihilation of the national film industry.

In recent years, domestic local enterprises have flourished, and there are endless calls to revitalize the national industry. The Kodak plan is naturally resisted. At least everyone has a banner that makes people a little unstoppable. This is the national pig*.

"The national pig* is a double-edged sword. If it is used well, it is a weapon for hurting others. If it is not used well, it is a weapon for self-harm." Fan Wuyao said to Boss Zhu, "As far as the film industry is concerned, China's The overall film industry is too deeply affected by myself, and there are huge profits, but they are all made by others. Even if it is to reorganize under the slogan of revitalizing national enterprises, it cannot be separated from my own black hands. Now everyone is shouting like this. It's nothing more than some interest groups behind the scenes. Besides, what is important for a film seller? Does it matter to the national economy and the people's livelihood?"

After listening to Fan Wuyi’s words, Boss Zhu’s face improved a lot, and he said with a smile, "Well, what you said is similar to what I meant. At that time, someone said that the proportion of state-owned enterprises has fallen, and the proportion of private enterprises has risen. *Changed? I said, the key to the qualitative change of ng is the lifeline of the economy. As for the hamburgers, a few film rolls, and first clips, what does it matter how many foreign capitals you engage in?"

"But many people can't figure out this truth, because they can't look at the problem from the perspective of the overall situation. Naturally, their vision is limited. Therefore, these people's opinions can be regarded as farting and ignore it." Fan Wuyi said, "However, as the person who monopolizes the Chinese film market, what is the reaction? The resistance should be strong, right?"

"My reaction is nothing to worry about." When Boss Zhu talked about this issue, he was very relaxed.

"Oh?" Fan Wubing felt a little strange. I have always been the best at operating in China. How could I not find a few strong official supporters?

Boss Zhu quickly explained the inside story, which made Fan Wuyi feel a little surprised.

Since Kodak's proposal for the acquisition of the entire Chinese film industry came out, Ben Fuji, as the monopolist of the film market, has naturally resisted very fiercely.

Kodak's motion obviously implies an industry monopoly. Once the decision is finalized, it will mean that Fuji will be eliminated from the Chinese market.

However, a little unexpectedly, Fuji found that he could not find sympathizers in China.

The reason is because of some things in the previous life. At that time, Shantou Gongyuan Factory imported equipment from Fuji with a huge investment of 4 billion yuan. Later, AD had a business crisis. In order to solve the problem, the then governor of Guangdong Province personally took the management of the Gongyuan Factory and flew to Ben, hoping to get help. .

Unexpectedly, their request to meet with the Fuji leadership was ruthlessly rejected. I believe that the AD crisis is the Chinese people’s own business and has nothing to do with them. The Chinese party waited in Tokyo and waited. It's empty hands, back angrily.

This rejection soon spread in the political and business circles of China, causing many people to gnash their teeth.

Therefore, when Fuji tries to boycott the Kodak case, it will be difficult to find powerful people who are willing to come forward. It is easy to help anyone, but if you help yourself, you will be accused of Shihan in person by pointing your nose. It's not guilty.

After hearing this explanation, Fan Wubing looked at Shen Ying, and now she was putting her elbows on the table, holding her face to watch her time, so he asked her, "Mr. Shen, do you think this How's it going?"

Shen Ying laughed after listening, "Are you testing me?"

"Where, brainstorming, everyone is not an outsider." Fan Wubing smiled.

Boss Zhu looked at the two young men and women talking and laughing to each other, and felt a little more relaxed, "Whoever solved this problem, I wrote him a copy of the word and signed it." Then he smiled again, "I'm out If you don’t have an inscription, you can keep it away, and it will increase in value in the future."

After thinking about it, Shen Ying said, "Kodak is losing money all over the world. The reason why it has taken a fancy to the Chinese market is that they have taken a fancy to it. In a short period of time, China’s film industry will continue to maintain. High growth, so Kodak has pushed its own future to China, and is willing to invest billions of dollars in reorganization."

Seeing Fan Wubing and Zhu boss both nodding their heads in approval, Shen Ying's thinking suddenly became very clear, and she went on to analyze, "But as far as the current situation of the domestic film industry is concerned, if it is different from Kodak's joint venture, technology Both shang and equipment shang are outdated and can only be used as the raw material exporting country of the company Fuji. They will make a lot of money in vain, while the domestic film companies are still following the old path of loss and bankruptcy, without any hope. So I think a joint venture is inevitable, at least the Americans are willing to provide advanced technology and real money. Even if we know their ideas, objectively speaking, this condition is acceptable. No joint venture, a dead end, a joint venture, Or there is new hope."

After Boss Zhu heard this, he said to Fan Wubiao, "Your President Shen is also very good, and he can clarify the problem in a few words, which is much better than many of our so-called experts."

Fan Wubing smiled, and he let out a rather complacent hum, and then said, "In fact, this proposal is acceptable, but it needs to be slightly adjusted. It will enable us to obtain greater benefits and make this joint venture plan a future. Classic case."

"Well, you can talk about it." Boss Zhu still valued Fan Wuyao's opinions more seriously. He leaned forward when he heard the words and asked very solemnly.

Fan Wubing waved his hand and said, "Kodak may not be able to accept the reorganization of all the seven domestic enterprises. I think it would be good if they can reorganize half of them. There will always be some. So I make a suggestion. In this joint venture, our Fan Investment Group will also participate as part of the entire acquisition."

"This case in itself is very troublesome~lightnovelpub.net~ If you are in cha, I am afraid it will be more difficult to deal with?" Boss Zhu pondered, but he still said, "What is your purpose, let me make it clear first. , I think there is too much conflict?"

"If there are a lot of conflicts, I won't mention it." Fan Wubing said with a smile, "I mean, Fan Investment Group invested 200 million US dollars to participate in this joint venture project in proportion, and only participates in dividends. Not involved in management. Another one is that if Kodak were to close several of these factories, Fan's dismissed workers could be digested."

"What additional conditions should you have? Otherwise, it's impossible to be so kind?" After Boss Zhu listened to Fan Wubing's words, the first thing he thought of was that Fan Wubing must have any additional conditions, otherwise it would be impossible to ask for it so easily. Spend money to help, but also help solve the whereabouts of the dismissed workers.

These two conditions are considered to be Shang to help him solve the biggest criticism. Firstly, whether Shang has been completely acquired by Kodak, and secondly, there is no problem of dismissed employees. The problems of confession and laid-off are solved. , I must be less scolded.

Sure enough, Fan Wubing said immediately, "My request is very simple, that is, Kodak will take out the digital camera manufacturing technology and memory card manufacturing technology within three years and share it with Fan Investment Group."