Rebirth 76: Industrial Internet Empire

"Li Heping of Qianhai Asset Management Company? We don't seem to have any business dealings with Qianhai Asset Management, right? What is he doing here?" Takahashi Toshihiko asked in surprise.

"He said Qianhai Asset Management is willing to help Donghai Bank deal with some pledged equity and bad debts..." the female assistant replied.

Takahashi Toshihiko's heart moved, and he said quickly: "Take them to the VIP room, I will come right away!"

As soon as Li Heping and his party sat down in the VIP reception room, Toshihiko Takahashi opened the door and walked in.

"Hello, Mr. Li, I am Toshihiko Takahashi, Executive President of Osaka Branch of Tokai Bank. Please take care of me!" Toshihiko Takahashi extended his hand and said enthusiastically.

In recent years, under the guidance of Mie Kishida, Li Heping has become able to speak Japanese well. He also extended his hand and said in fluent Japanese: "Mr. Takahashi, you should have heard that we are an asset management company." , can handle some difficult non-performing assets for your bank..."

Takahashi Toshihiko pretended to be very confused and said: "Non-performing assets have not been discovered yet, but our Donghai Bank has some high-quality assets that we are seeking cooperation with. Would you like to consider it, Mr. Li?"

Li Heping chuckled and said: "Congratulations to your bank! As far as I know, the total amount of bad debts in Japan's banking industry exceeds 1000 billion US dollars. It is an amazing achievement for your Donghai Bank to be able to escape unscathed..."

Toshihiko Takahashi explained with an embarrassed look on his face: "There are also bad debts, but they are just pledged loans from real estate companies and personal mortgage loans. Mr. Li should not be interested in these assets, right?"

Li Heping nodded and said: "That's true. Qianhai Asset Management is better at handling manufacturing companies that are on the verge of bankruptcy. If your bank has any needs in this area in the future, you can contact us...!"

After saying that, Li Heping stood up and prepared to leave.

"Manufacturing companies? I remembered what you said. Our Osaka branch happens to have the pledged equity of several large manufacturing companies ready to be sold..." Toshihiko Takahashi said quickly.

"Large manufacturing company?" Li Heping stopped and asked.

Takahashi Toshihiko nodded and said: "Yes, they are all local companies in Osaka. Among them, the larger ones are Yoshida Chemical Machinery Co., Ltd. and Osaka Okumura Construction Machinery Co., Ltd. If Mr. Li is interested, I will have someone send the information. Come and show it to you..."

Li Heping nodded, thinking that it was really tiring to negotiate with such a small Japan!Isn’t it better to talk about the price straight to the point?You have to go around in a big circle. There are factories on the verge of bankruptcy everywhere now. No matter how fancy you say, you can't sell it at a good price!

After a while, the staff brought a stack of information. After Li Heping took it, he looked through it casually. Also coming with Li Heping were the financial and legal affairs staff of Qianhai Asset Management. After carefully reviewing the information, they nodded to Li Heping.

"Mr. Li, Yoshida Chemical is a family enterprise engaged in the manufacturing of petrochemical machinery and equipment. It has very strong technical force. Chemical equipment has a certain market share in Europe, Asia, and South America. Even in Osaka, which has a developed manufacturing industry, Countless large companies..." Toshihiko Takahashi introduced eloquently.

"As far as I know, such an excellent Yoshida Chemical Machinery Co., Ltd. only sold a few sets of small equipment last year, and did not even negotiate for a large equipment. Their petrochemical equipment project in South America was delayed due to construction delays. He also got into a business dispute..." Li Heping laughed.

Takahashi Toshihiko explained: "This is all because Yoshida Yuji became obsessed with real estate speculation and stock index futures trading. He invested all his R&D funds and circulation funds in the futures and property markets. He has indeed made a lot of money in the past two years. Later, they simply pledged the factory and got a loan of 145 billion yen from us, which led to the current situation!"

Indeed, it is so easy to make money in the property market and stock market, who would want to work hard in industry?The boss no longer cares about the factory, and it is only a matter of time before it goes bankrupt!

Li Heping pondered for a moment and then asked: "Are you going to deal with this bad debt of Yoshida Chemical?"

Takahashi Toshihiko was stunned when he heard this, and quickly defended: "Yoshida Chemical is not a bad debt. They still have some assets. Not to mention the technology and patents accumulated over the years, their land is worth a lot of money!"

Li Heping laughed and said: "Mr. Takahashi, let's not engage in these verbal disputes! Don't you know the price of land in Osaka? With the current wave of bankruptcies, industrial land is not worth much. Just their land and factories , I’m afraid it’s not even enough for employees’ severance pay, right?”

After Li Heping finished speaking, without waiting for Takahashi Toshihiko's reaction, he raised his wrist, looked at his watch, and said calmly: "Mr. Takahashi, Qianhai Asset Management has very rich experience in dealing with non-performing assets. You'd better give a reasonable price first." Please quote us and see if we can continue the discussion..."

After Toshihiko Takahashi pondered for a long time, he gritted his teeth and said, "Mr. Li, the fixed price is 125 billion yen!"

"125 billion yen? According to our latest assessment, the true value of Yoshida Chemical does not exceed 60 billion yen. In addition, Yoshida Yuji jumped to his death in the factory, the actual value is even lower!" Li Heping stood up as if he had been stung by a wasp. Said in surprise.

After some bargaining, both parties made concessions, and finally Qianhai Asset Management obtained all the shares of Yoshida Chemical Machinery Co., Ltd. at a price of 102 billion yen.

"What did you say? Ask...let me go to Japan to take over Yoshida Chemical Machinery Co., Ltd.?" After receiving Yang Mo's call, Lu Peide asked stammering, not believing his ears.

Yang Mo nodded and smiled: "What? You don't want to?"

"Don't make fun of me, old man. Yoshida Chemical Machinery is a reputable company in the chemical equipment industry. Do you still remember that at the Hannover Industrial Products Fair, it was Yoshida Chemical and Okamoto Chemical who joined forces with Japanese companies to form a price alliance to prevent us from taking... An order from a Thai!" Lu Peide said with a grudge still after all these years.

"That's why I asked you to personally take over Yoshida Chemical! Give that old devil Fujita a good slap in the face and see if he is still arrogant in front of you..." Yang Mo said with a smile.

"Has such a large enterprise really been sold to Zhiyuan Group?" Lu Peide said excitedly.

"No matter how big an enterprise is, it can't stand the failure of a prodigal son! Director Lu, please complete the procedures to go abroad as soon as possible. After booking the air ticket, inform us that I will pick you up at the Tokyo Airport and send you to Osaka to accept Yoshida Chemical..." Yang Mo ordered.

Lu Peide put down the phone and couldn't help but muttered: It turns out that it's not just our Northern Petrochemical Machinery Factory that has prodigal sons, there are also prodigals in little Japan!