I Want To Be a Rich Man on Hong Kong Island

Chapter 204 [Contest with the Minister of Industry and Industry of Japan! 】

Seeing that Hiroshi Ito was still hesitating, Wu Guangyao added fire: "Mr. Ito, as a show of sincerity, we are willing to hand over the automatic slider stamping machine to Hitachi Machinery for long-term production. As for future cooperation, everything is uncertain. Why does Mr. Ito want to settle everything now?"

The automatic slider punching machine has been handed over to Dongying Machinery Factory for production, but now it is just replaced by another Dongying Machinery Factory!

Doing this will not affect the relationship with Burke Machinery at all!

Wu Guangyao is not only the second shareholder of Burke Machinery, but also Burke Machinery's price for PG zipper is very favorable, so Wu Guangyao will not choose to betray.

"Mr. Wu, I'm sorry! Let's talk about YKK zipper cooperation next!"

Hiroshi Ito knew that this was the best result. Other people's automatic zipper machines were kept secret, so naturally they couldn't be handed over to Hitachi Machinery, which had just cooperated.

"Okay! As far as I know, Hitachi Machinery's shares are not 51%; if our shares do not reach 51%, I think there is no need to proceed, because we have an absolute controlling stake in PG Zipper!" Wu Guangyao resumed Said forcefully.

"Mr. Wu doesn't need to worry. Now YKK zipper employees are also panicking. As long as we reach a preliminary cooperation agreement, how about we, Hitachi Machinery, first acquire the shares in the hands of the employees, and then proceed with the transaction." Hiroshi Ito said.

"This is a good idea! So, Mr. Ito, what is your valuation of YKK zipper?" Wu Guangyao said.

"Valuation?" Itou Hiroshi obviously couldn't accept the modern term, and asked back.

"It is the overall value of YKK. In the future, we will multiply the valuation by the proportion of shares, which will be the transaction price!" Wu Guangyao explained.

Itou Hiroshi immediately realized that this young man was indeed a bit ahead of his time, as can be seen from the factory management at the beginning.

Hiroshi Ito thought for a while, then discussed with the Hitachi Machinery executive next to him, and then said: "We value the YKK zipper at 2 million US dollars."

Good guy!

This group of people really dare to ask for it. A company that is about to go bankrupt actually dares to pay a premium of 30%.

After Wu Guangyao heard it, he was not happy to talk anymore, and directly signaled Li Bing to take over.

After arguing, the two parties finally settled on a valuation of 1.6 million US dollars.

But it takes 10 days to complete the transaction, because considering that the YKK zipper is still depreciating.

 …

Hiroshi Ito and his party returned to Dongying, and immediately quietly purchased shares from YKK employees.

The shares at this time are: 48% of Hitachi Machinery, 46% of Yoshida Tadao, and 6% of employees.

Under the coercion and lure of an old fox like Hiroshi Ito, many employees soon turned their backs and quietly sold 3% of the shares.

In this way, Hitachi Machinery has 51% of the shares, Yoshida Tadao still has 46%, and employees hold only 3%.

At this time, Tadao Yoshida also came to his senses, came to the door, and questioned Hiroshi Ito: "Chairman Ito, what do you mean by quietly buying employee shares without telling me?"

Hiroshi Ito had already planned his rhetoric, and even planned a big conspiracy against Tadao Yoshida!

"President Yoshida, Hitachi Machinery intends to continue to invest in YKK zippers to overcome this difficulty, of course, the premise is that we have an absolute controlling stake."

When Tadao Yoshida heard this, he was overjoyed. Hitachi Machinery increased investment, which is a good thing, better than going bankrupt!

"If President Ito wants to increase investment in YKK zippers, he should tell me that we can dilute the shares and let Hitachi Machinery increase investment!"

"Really?" Itou Hiroshi pretended not to believe it.

Hiroshi Ito wanted to laugh in his heart, because Hitachi Machinery wanted to be an ally with PG Zipper, and if it sold all its shares, how would it be an ally.

Because Hiroshi Ito knows very well that once PG Zipper acquires YKK Zipper, the price will increase in an all-round way.

At that time, the profits of YKK zippers will naturally roll in!

As long as Hitachi Machinery has a 20% stake, it will make a lot of money!

Therefore, Hiroshi Ito focused on the shares held by Tadao Yoshida from the beginning;

Of course, first of all, it is necessary to collect the shares of the employees, so that Hitachi Machinery can guarantee the cooperation, and then the shares in the hands of Tadao Yoshida.

Unexpectedly, Tadao Yoshida took the initiative to take the bait!

"Of course, as long as we get through this difficulty, it doesn't matter if my shares are diluted to 20%!" Yoshida Tadao said generously.

Seeing that Tadao Yoshida was fooled, Hiroshi Ito immediately said: "Well, we will invest another US$ 800,000 from Hitachi Machinery according to the company's valuation of 1.6 million US dollars. That is to say, after everyone's shares are diluted by 50%, our Hitachi Machinery will What do you think about the 50% increase in machinery?"

Tadao Yoshida thought about it, and if his shares were diluted by 50%, it would only be 23%;

After Hitachi Machinery’s original shares were diluted by 50%, it was 25.5%, plus the 50% obtained from financing, a total of 75.5%;

Employees also own 1.5% of the shares!

Although its own shares are only 23%, Hitachi Machinery will definitely let itself be the president, which is better than falling into PG zipper or going bankrupt.

"I promise, we can sign the contract tomorrow!" Yoshida Tadao said helplessly, once again he was forced to hand over the shares in his hand, hoping to use this opportunity to stabilize the YKK zipper!

After reaching a verbal agreement with Tadao Yoshida and agreeing to sign the contract tomorrow, Hiroshi Ito immediately called PG Zipper to let PG Zipper set off immediately and go to Dongying to sign a share transfer contract.

Putting down my phone, Hiroshi Ito felt a little complicated.

In fact, Hitachi Machinery did not take the superficial interest this time.

First of all, Hitachi Machinery needs to pay 800,000 US dollars to YKK Zipper to increase the shares of Hitachi Machinery to 75.5% of the shares!

Then, Hitachi Machinery needs to transfer 51% of the shares to PG Zipper, and get 816,000 US dollars, but the shares are only 24.5%.

After coming and going, I made a profit of 16,000 US dollars, but lost 23.5% of the shares!

Of course, the account is not calculated in this way. If there is no PG zipper, YKK zipper will only be dying, and finally go bankrupt;

However, if PG Zipper wants to enter YKK, Hitachi Machinery must turn against him, because Tadao Yoshida is a stone in the latrine—it is smelly and hard!

Tadao Yoshida will never hand over his business to foreigners. Tadao Yoshida is a person with a serious national complex!

If Hitachi Machinery does not dilute the shares from Tadao Yoshida, then it will not be reconciled!

Because Hiroshi Ito knows that if Hitachi Machinery is out, the profits earned by YKK zippers in the future will have nothing to do with Hitachi Machinery, but it will be cheaper for Tadao Yoshida.

In this war, it can be said that both Hitachi Machinery and Yoshida Tadao are losers!

Only, PG zipper is the real winner!

.........

However, after Hitachi Machinery and Tadao Yoshida signed the contract, Hiroshi Ito did not chat with Tadao Yoshida, but came to the airport to welcome the arrival of PG Zipper and his party.

"Mr. Wu, everything is going well! I have also made an appointment with the Minister of Economy and Finance - Ryutaro Takahashi. I believe there will be no problems!"

Wu Guangyao nodded and asked curiously, "Mr. Ito, how many shares do you have?"

In Wu Guangyao's mind, he believed that Hiroshi Ito had bought more than 51%, so he wanted to persuade him to sell it all to himself!

"To tell you the truth, Mr. Wu, just this morning, Hitachi Machinery increased its capital by US$800,000 to finance YKK Zipper! We have 75.5% of the shares in our hands, but we will not sell them all, and we will sell you 51% at most. Otherwise, we would rather The fish will die and the net will be broken! Of course, once we cooperate, Hitachi Machinery is willing to be the backing of YKK zipper!" Ito Hiroshi said with determination, he was betting, because he also saw that PG Zipper attaches great importance to YKK zipper.

"Haha, Mr. Ito, I misunderstood, it is our honor to be a partner of Hitachi Machinery!" Wu Guangyao was stunned for a second and a half, and then said immediately.

In this second and a half, Wu Guangyao had already seen through Ito Hiroshi's thoughts. He just wanted to get on the boat of PG Zipper!

Of course, as long as Wu Guangyao has absolute control, he doesn't mind a win-win cooperation!

This is Wu Guangyao's consistent thinking, and cooperation will lead to a win-win situation!

If PG Zipper wants to gain a firm foothold in Dongying, these local snakes are naturally good partners!

A group of people came to the Ministry of Economy, Trade and Industry of Japan, and Minister Takahashi Ryutaro received everyone!

"Mr. Wu, if your PG Zipper acquires our YKK Zipper, it is obviously suspected of violating the Japan Monopoly Law!" Takahashi Ryutaro gave everyone a blow.

Wu Guangyao was calm and composed. Anyway, this minister can't control himself. At most, the acquisition failed!

On the contrary, Hiroshi Ito was anxious, and said quickly: "Mr. Takahashi, we are a cooperative operation, the company is a joint venture, and Mr. Wu is also here to invest!"

Takahashi Ryutaro didn't comment, but looked at Wu Guangyao, obviously feeling that Hiroshi Ito's actions were not authentic!

Wu Guangyao said with a smile: "Mr. Takahashi, in fact, I didn't want to engage in vicious competition with YKK Zipper at the beginning. It was Mr. Yoshida who pressed hard and targeted us in the United States. We had no choice but to fight back. Of course, these are all Mr. Takahashi may not be willing to listen to business matters. But what I want to say is that without our PG Zipper shares, YKK Zipper will only go bankrupt. At that time, how many Japanese workers will lose their jobs and how much foreign exchange you will lose. But If you let us enter the YKK zipper, then everyone will be happy!"

It's very realistic, Wu Guangyao doesn't even want to talk about it anymore!

These Dongying people really think that PG Zipper has no ability to bankrupt their leading zipper industry.

"We can formulate trade protection to prevent PG zippers from entering the Japanese market!" Takahashi Ryutaro suddenly said shamelessly.

At this time, Wu Guangyao was also a little angry, and said bluntly: "Mr. Takahashi, you are going to formulate trade protection for a small zipper industry, so how will investors all over the world think of you Dongying? Also, you Do you know how much you have to raise tariffs to keep YKK? It is 100%, this figure will make you lose credibility. You are developing the economy, you should not reject investors. And you will find that the zippers of Dongying are no longer It can't be exported, because we can attack your zipper industry all over the world!"

At this time, Wu Guangyao was full of confidence, and this minister would never dare to formulate trade protection lightly!

If you can formulate trade protection today, you will lose your reputation, and European and American countries will agree to target you. Isn’t it worth the loss!

The important thing is that you can only guarantee the domestic zipper market; then what protection do you have for the foreign zipper market!

"Mr. Wu, if you agree to two conditions, our Ministry of Economy, Trade and Industry will not stop you, but will also give you preferential terms!" Takahashi Ryutaro said after a moment of hesitation.

Takahashi Ryutaro compromised. Once PG Zipper was really rejected, YKK Zipper had to go bankrupt and thousands of workers lost their jobs.

It can be said that there is no benefit to Japan!

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