The Pioneer of the Rebirth Era

Vol 2 Chapter 1229: Take the opportunity to sell a big price

The transfer of shares is not going smoothly. Even Adams' sudden kick made Nokia's top management vigilant and anxious, but the negotiation was still a little difficult to start.

The only reason why the negotiations came to a deadlock was because Yang Dongxu was too ruthless. I didn't say that the price was very high, and I didn't mean to let go.

The same amount replaced the shares of Nokia's parent company, and the person who had to take Nokia's mobile phone business shares to make up the difference of 3.36 billion euros.

Yang Dongxu owns a total of 26.3% of the shares in Nokia's mobile phone business and holds the power of distributor in Asia. At first, Nokia mobile phones were optimistic about the Asian market, but they were not optimistic about the Chinese market.

At that time, the Chinese market gave the West the impression that it was a poor and backward country, and mobile phones were obviously not something ordinary people could consume.

So Yang Dongxu stood up and won the mobile phone agency right that no one is optimistic about the market, and he also signed a military order for this. If the annual sales of the mobile phone business cannot meet the minimum requirements of Nokia's head office, the price difference needs to be supplemented by Yang Dongxu himself.

After signing this agreement, everyone thought that Yang Dongxu was crazy, and in order to raise his country's face, he used his own money to fill it in. But now it seems that this decision undoubtedly makes many people who read jokes feel pain.

In the first two years of signing this agreement, Yang Dongxu was indeed losing money, and he had to spend tens of millions of dollars every year to fill the hole in which mobile phone sales were not up to standard.

But since the domestic economy started to work and people started to make money from mobile phones, Yang Dongxu reversed the moment from loss to profit, and the annual profit was increasing at a rate of 50%+.

Last year, Nokia's mobile phone sales and exports in China reached a staggering 10.7 billion euros, of which 20 million were sold in China, and net sales reached 6.3 billion euros. Yang Dongxu made a profit of 1.876 billion euros.

Nokia’s parent company’s telecommunications business is cattle, and it is also an absolute international giant. But this cow is far from reaching the peak of the mobile phone business after the collapse of Nokia, Nokia quickly transformed to build a telecommunications business kingdom.

As a result, Nokia's mobile phone business collapsed a few years later. Although it has successfully transformed into a telecommunications giant, the decline of the mobile phone business has not only been cut off. But now the mobile phone business profits, but fully accounted for half of Nokia's profits or more.

Therefore, replacing the parent company shares with mobile phone business shares Yang Dongxu did not make money, but lost money. In addition, Nokia's senior executives are also biting the eye-catching domestic mobile phone agency right. So Yang Dongxu adhered to the 3.36 billion sky price compensation agreement.

Equivalent replacement of the parent company's shares, and this time Yang Dongxu not only only pay dividends, but also put all the rights of shares in the hands.

So if the equivalent replacement, coupled with his previous 5.36% stake in Nokia's parent company, his share in Nokia's parent company came to a staggering 31.36% is the absolute majority shareholder.

In addition to signing the agreement, he can no longer get dividends from the current Nokia mobile phone business. And lose all rights to the mobile phone business company.

Even if he wanted to reorganize the shares of Nokia’s board of directors, it is enough to know that Nokia’s parent company, now the second largest shareholder, only occupies 12.32% of the company’s shares.

So this is not just a matter of making up the difference, once the share replacement is completed. Yang Dongxu will become Nokia's leader, although he did not mean to be chairman.

Moreover, it is also clearly stated in the replacement clause that after the completion of the share replacement, the mobile phone business will not be intervened, but to develop the telecommunications business that Nokia is also emerging, creating another heavy fist for Nokia.

But no one can despise 31.36% of the shares there, not to mention the sky-high compensation agreement of 3.36 billion euros.

So as soon as the negotiations came up, they were in a deadlock, but Yang Dongxu was obviously not in a hurry. He was not in a hurry even without Adams cutting in.

Because in recent years, Nokia's domestic sales will continue to increase by 50+%, which means that in the group years, he made a profit of 1.876 billion euros through Nokia mobile phones. This year's profit margin can even reach an astonishing 2.8 billion euros.

This is just the profit of mobile phone sales. If, together with almost three-quarters of Nokia's mobile phone sales worldwide, he is in OEM, he will double the money he earns from Nokia in a year.

You should know that last year, Nokia’s cumulative global sales volume has exceeded 200 million, and it is not a problem to add another 100 million on this basis this year.

So Yang Dongxu was not in a hurry, anyway, the negotiations dragged him to make money every day without any losses. Although he took the time to take Nokia's telecommunications business globally for a day, he was not in a hurry.

After all, Nokia's foundation is really too thick, the last Apple was born, when the Nokia mobile phone kingdom collapsed instantly. Nokia adjusted quickly and resolutely gave up its mobile phone business and switched to telecommunications business.

With the patents and excellent telecommunications business in hand, the annual profit after successful transformation is definitely incomparable now. At the peak of Nokia's mobile phone business, it made more than $80 billion in annual profits. After the transition, I could not adapt for a while, and the annual profit continued to decline, and finally came to about 26 billion US dollars after the period of underestimation.

However, this 26 billion yuan is also lying down to make money. At the same time, this is that they have not been deployed as soon as possible and have been seized by other telecommunications companies. Although the transformation is successful, they have lost the profit of the first opportunity.

At present, 2G is the mainstream in the global communications market, and the emergence of 3G 4G is only a concept. Nokia's mobile phone business declined rapidly after 2008, and it happened to be at the peak of the 3G business, but Nokia got on the train halfway.

In the end, it was not easy to climb into the 4G car, and after a few years, 5G technology was faster than the transition time from 3G to 4G, and he was not given time to deal with it, so he could only eat the old one. But others are also the world's top 500, and still earn 260 US dollars a year, killing more than 90% of the companies in the world.

So Yang Dongxu is not in a hurry now, even if he is not in a hurry in the telecommunications layout, anyway, he is making money anyway. And there is also a China Telecom which is quietly developing.

He just had to replace the shares of Nokia's parent company, in fact, also fancy Nokia's strong telecommunications industry technology and patent reserves.

If he can win them all, he doesn't have to worry about the technology of Apple or other telecommunications companies. Directly launching 3G technology, even if you can't catch up, can also get on the first train of 4G technology, while greatly reducing the research and development of 5G technology.

However, he did not play too concealed in this hand, because as early as when he first contacted Nokia many years ago, he showed a strong interest in Nokia Telecom's communication technology.

Over the years, they have used their shareholder status to purchase these technologies from Nokia. So now the shareholders of Nokia, even if they don’t worry about seeing Adams blending in, are discovering this.

Except for Nokia, no company can provide Yang Dongxu with such cutting-edge telecommunications technology and patents. Whether it is the United States or other countries in Europe, even Japan, South Korea, etc., where the Asian telecommunications technology is so good. At this point, the attitude towards China is to adopt a blockade.

So as long as Yang Dongxu did not get the Nokia Telecom technology and those patent rights, they were not afraid of him running away. So this is a more patient game than you can’t help it first.

Therefore, after the negotiations reached a deadlock, Yang Dongxu continued to take his family around Europe to start his own trip around Europe, and did not spend time in Finland.

"Actually, in my opinion, even if they are willing to make up the difference in the share conversion agreement, we still suffer. They are just sure you want Nokia Telecom technology, so you have no fear." After the little guy fell asleep on the plane, Zhou Ya picked up the company's team to draft a share replacement contract in accordance with Yang Dongxu's intention.

"Now it certainly looks like a loss, not only a big loss but also a big loss. Currently Nokia's net sales this year are 41.1 billion euros. Almost half of this comes from the mobile phone business.

This proportion is still increasing. It is estimated that in two years, the net sales of the mobile phone business will account for two-thirds or more of Nokia's net sales.

In this net sales, 6.3 billion euros came from China this year, which has accounted for one-seventh of the net sales of Nokia's mobile phone business.

This share conversion plan is not only a share of the mobile phone business, we also have to give up the agency rights of Nokia mobile phones in China, this one is definitely more than 3.36 billion euros. Yang Dongxu said with a smile.

"Then you..." Zhou Ya looked at her husband puzzled.

"No way, domestic telecommunication technology, even if I have been digging various feet all these years. But the Soviet Union technology is outdated after all, and standing on their shoulders is not a low starting point.

It can be compared with telecommunications giants such as Motorola, Ericsson and Nokia, which have been developing continuously. Our technology is still at an absolute disadvantage, and it takes more time to catch up, and what I lack most now is time.

So this 3.336 billion is actually the reason I filled it up. Its real purpose is to make Nokia feel that I still feel uncomfortable with the mobile phone business.

But in order to develop China Telecom's telecommunications business, this transaction had to be made. So it doesn't matter if the money is in the end, but they have to come up with some top telecommunications technology to offset this part. Otherwise, they are too cheap, because the Nokia mobile phone business is really very profitable in the next few years, or it is super profitable. "

"How many years later?" Zhou Ya grabbed the key point in her husband's words~www.readwn.com~ It will be ugly that Nokia's mobile phone business will die in a few years. Yang Dongxu smiled mysteriously.

"How is it possible?" Zhou Ya exclaimed, he felt his husband was joking.

Although he has lived in the countryside for a long time, it does not mean that she knows nothing about the outside world. Nokia has made rapid progress in recent years, but the foundation is very solid. Motorola and Ericsson in the United States can be crushed underneath, and global mobile phones deserve the existence of N0.1.

If the foundation is not stable, Nokia would have finished playing because the United States likes to engage in espionage and seize other companies to handle all kinds of extortion.

So this fast-growing company is still developing step by step, Zhou Ya did not see the possibility of falling at all.

"It's because everyone doesn't think they can sell a good price." Yang Dongxu couldn't help but feel a bit proud, this feeling that everyone is drunk, I can wake up alone, and can make the vanity of X very great. Satisfy.

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