Rebirth 76: Industrial Internet Empire

Yang Mo waved his hand and continued in an unarguable tone: "With immediate effect, Yoshida Chemical Machinery Co., Ltd. and Zhiyuan Heavy Machinery's Northern Petrochemical Machinery Factory will complete the merger after evaluation. Lu Peide will continue to serve as the executive president of the new company, and Oshima Shigeru will serve as the technical director. , the group company will formulate assessment standards including option incentives based on performance..."

Shigeru Oshima left the meeting room with satisfaction. He was already very satisfied with the sufficient R&D funds and option incentives for key technical personnel. Since the Ministry of Finance has approved the acquisition of Yoshida Chemical by Zhiyuan Group, of course there is no technology The statement of blockade...

Yang Mo has no choice. He wants to completely digest the reserve technology of Yoshida Chemical Machinery Co., Ltd., and uses both kindness and power to win over people's hearts with option incentives. It is really a helpless move...

Yang Mo didn't want to set up any R&D center in Japan. He wanted to move Yoshida Chemical Machinery Co., Ltd., from technical data to mechanical equipment, back to China as soon as possible. It was best not to leave them a single screw.

Yang Mo's task for Lu Peide is exactly the same, to digest Yoshida Chemical's technical reserves as quickly as possible and create our own industrial chain of chemical equipment design, research and development, and production.

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The negotiation between Li Heping and Donghai Bank regarding Okura Engineering Machinery was much easier. Okura Engineering Machinery is a listed company with normal production and operation. Qianhai Asset Management acquired 32% of the equity held by Donghai Bank at a fair price based on the company's current stock price. Became the largest shareholder of Okumura Engineering Machinery.

The Tokyo Daily Economic Express immediately published an exclusive news briefing:

"Due to investment failure, the major shareholder of Okumura Construction Machinery was unable to redeem the 32% equity pledged in Tokai Bank Osaka Branch. This equity has actually depreciated by two-thirds based on the stock price at the time of pledge, and has become a veritable non-performing asset!"

"In order to reduce its own losses, Tokai Bank Osaka Branch resold this part of the equity to Qianhai Asset Management Company at a low price. As of press time, the reporter still had not contacted the project leader of Qianhai Asset Management Company..."

"According to the Japanese Securities and Exchange Law, changes in the major shareholders of listed companies need to be announced immediately. During the interview with the Tokyo Stock Exchange, our reporter did not find any changes in the ownership status of the major shareholders of Tokai Bank Osaka Branch, but found suspicious accounts. Selling Okumura Engineering stocks..."

"Our reporter made a special trip to the headquarters of Okumura Construction Machinery in Osaka and did not find any abnormalities in the production and operation of Okumura Construction Machinery. Our reporter will continue to track the truth behind the change in the equity of Okumura Construction Machinery's major shareholder..."

The entire article did not say a bad word about Okumura Engineering Machinery, but it tactfully hinted at the bad situation of Okumura Engineering Machinery. The majority shareholders' equity was reduced to selling to asset management companies at a low price, but it was still hidden from all investors...

The share price of Okumura Engineering Machinery fell sharply in response. The board of directors hastily issued an announcement on the change of major shareholders. Qianhai Asset Management became the company's largest shareholder. However, it was too late. Worries about the company's unclear future caused investors to sell their shares. stock.

"Yang Mo, we should actually talk to the small and medium-sized shareholders of Okumura Engineering Machinery first. We can also achieve the purpose of controlling the shares, instead of going around in such a big circle to suppress the stock price in the secondary market and being suspected of insider trading..." Guo Kexin said in confusion. .

Yang Mo shook his head and said: "The small and medium shareholders need to talk. All the stocks in the secondary market must eventually be bought back. If the news of Zhiyuan Group's acquisition of Okumura Construction Machinery gets out, the stock price will definitely rise sharply. Our ultimate goal is to The privatization of Okumura Engineering, a listed company..."

"Privatization? Why?" Guo Kexin asked in surprise.

"Okumura Engineering Machinery has mature shield machine manufacturing technology. Their earth pressure balance and mud-water balance shield technologies are quite mature, and their hard rock excavation technology has also accumulated a certain amount of experience. We need to merge it into Zhiyuan Heavy Machinery to make up for it. Our shortcomings, and find a suitable opportunity to move the production chain of Okumura Engineering to the mainland..." Yang Mo explained.

"Are you worried about technical control?" Guo Kexin suddenly realized.

Yang Mo nodded and said: "Yes, the TBM is one of the equipment that restricts technology exports in the notorious Batumi Agreement!"If Okumura were a listed company and there would be constraints from various regulations, it would be almost impossible for us to bypass the "Batumi Agreement" and move the TBM production chain to the mainland..."

The frequent changes of major shareholders have already made the small and medium-sized shareholders of Okumura Engineering Machinery feel uneasy. Many shareholders are already frustrated and have thoughts of quitting!

Qianhai Asset Management’s acquisition went smoothly, acquiring all the non-tradable shares of Okumura Construction Machinery at a premium of 6%-12% respectively.

Although the premium is a bit high, fortunately after the stock market crash, the stock price of Okumura Engineering Machinery has dropped by 75% compared to its highest point, which is considered reasonable!

After acquiring all the non-tradable shares, Qianhai Asset Management had reached absolute controlling interest and submitted a privatization application to the Tokyo Stock Exchange on behalf of Okumura Engineering Machinery.

At the same time, it announced a 30% premium and targeted acquisition of the last 7% of the outstanding shares of Okumura Engineering Machinery in the stock market.

After completing the privatization, Qianhai Asset Management Company transferred all the equity of Okumura Engineering Machinery to Zhiyuan Heavy Machinery at the original price as agreed, and Qianhai Asset Management received an additional 3% consulting service fee of the total bid.

The entire acquisition process was as clean and smooth as flowing water, walking on the edge of securities laws. Since then, Qianhai Asset Management has become famous in the primary market...

As a result, Li Heping became a guest of major commercial banks in Japan. After the stock market crash, the entire manufacturing industry was devastated. Many companies were unable to redeem the equity pledged to banks. Banks generally would not hold companies for a long time unless they seemed to have great potential. The company's equity, and Qianhai Asset Management Company seems to be born to solve the troubles of banks.

What pleased Yang Mo was that Li Heping gradually showed his ability to take charge of his own affairs. During the acquisition of Yoshida Chemical and Okumura Construction Machinery, he did not encounter any major obstacles and executed the acquisition plan almost perfectly!

In Yang Mo's memory, the islanders who have always had a traitorous bone in their heads have been unwilling to become subordinates of the Chinese since the Tang Dynasty and were only willing to submit to Westerners. This is why Yang Mo is not keen on low-level people after the stock market crash. One of the reasons for acquiring those companies on the verge of bankruptcy at high prices. Of course, the more important reason is that Yang Mo really doesn’t want to revitalize those companies and would rather bankrupt them all!

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Yang Mo, who had already booked a flight and was about to fly to London to meet Qian Ning, suddenly received a call from Lin Xi before leaving: Yang Mo, please call Zhiyuan Metallurgical Research Center immediately and ask for Xia Xinyi. Lin Yan is also there. I have something urgent to call you...