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Published at 25th of December 2023 05:20:14 AM


Chapter 204: [Competition with the Minister of Industry of the East! 】(beg

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Chapter 204【Contest with the Minister of the Ministry of Industry and Commerce! 】(Ask a monthly pass!)

Seeing that Ito Hiroshi was still hesitating, Wu Guangyao added a fire: "Mr. Ito, as a sign of sincerity, we are willing to hand over the automatic slider press machine to Hitachi Machinery for long-term production. As for the future cooperation, everything may be uncertain. ! Mr. Ito, why do you want to settle everything now?"

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

Doing so 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 was impolite! Let's talk about YKK zipper cooperation next!"

Ito Hiroshi knows that this is already the best result. Others' automatic zipper machine is confidential, so naturally it cannot be handed over to Hitachi Machinery, which has just cooperated.

"Okay! As far as I know, Hitachi Machinery does not have 51% of shares; if our shares do not reach 51%, I think there is no need to go on, because our PG zipper must have an absolute controlling stake!" Wu Guangyao resumed Said strongly.

“This Mr. Wu doesn’t need to worry. Now YKK zipper employees are equally worried, as long as we initially reach a cooperation agreement. Then, Hitachi Machinery will first acquire the employees’ shares and then proceed with the transaction.” Ito Hiro said.

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

"Valuation?" Ito Hiroshi obviously couldn't accept modern language, and asked rhetorically.

"It is the overall value of YKK. From now on, we will multiply the valuation according to the proportion of shares, which is the transaction price!" Wu Guangyao explained.

Ito Hiroshi immediately reacted, the young man was really a bit ahead, as can be seen from the factory management from the beginning.

Ito Hiroshi thought for a while, and then talked a few words with the Hitachi Machinery executive next to him, before he said: "We value YKK zipper at US$2 million."

Good guy!

This group of people really dare to ask for it. A company that is about to fail, dare to pay a premium of 30%.

Wu Guangyao was not happy to speak after listening, and directly signaled Li Bing to take over.

After arguing, the two parties finally set a valuation of 1.6 million U.S. dollars, but the transaction must be completed within 10 days because the YKK zipper is still depreciating.

Ito Hiroshi and his entourage returned to Toyo, and immediately quietly acquired YKK employees’ shares.

At this time, the shares are: Hitachi Machinery 48%, Yoshida Tadao 46%, and employees hold 6%.

Under the intimidation and lure of an old fox like Itohiro, many employees quickly turned back and quietly sold 3% of the shares.

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

At this time, Tadao Yoshida also reacted, approached the door, and asked Ito Hiroshi: "Chairman Ito, what do you mean, secretly buying employee shares without telling me?"

Ito Hiroshi had already figured out his excuses for a long time, and he also planned a big conspiracy to calculate 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 absolute controlling rights."

When Tadao Yoshida heard this, he was overjoyed. Hitachi Machinery increased its investment. That is a good thing. It is 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?" Ito Hiroshi pretended that he couldn't believe it.

Ito Hiroshi wanted to laugh inwardly, because Hitachi Machinery wanted to be an ally with PG Zipper, if all the shares were sold, how to be an ally.

Because Ito Hiroshi knows that once PG Zipper acquires YKK Zipper, the price will increase across the board.

When the time comes, the profits of YKK zipper will naturally roll in!

As long as Hitachi Machinery has a 20% stake, it will make a profit!

So, Ito Hiroshi was eyeing the shares in Tadao Yoshida from the beginning;

Of course, it is necessary to gather the employees’ shares first so that Hitachi Machinery has the guarantee of cooperation, and then take the shares in Tadao Yoshida.

Unexpectedly, Tadao Yoshida took the initiative!

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

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

Tadao Yoshida thought for a while, if his shares are diluted by 50%, then only 23%;

After the 50% dilution of Hitachi Machinery’s original shares, it is 25.5%, plus the 50% obtained from financing, and the total is 75.5%;

Employees also hold 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!" Tadao Yoshida said helplessly, once again forced to hand over the shares in his hand, hoping to use this opportunity to stabilize the YKK zipper!

reached a verbal agreement with Tadao Yoshida, and agreed that after signing the contract tomorrow, Ito Hiroshi will immediately call PG Zipper, so that PG Zipper will set off immediately and go to Toei to sign the share transfer contract.

Putting down my phone, Ito Hiroshi was a little happy in his heart.

Hitachi Machinery needs to pay 800,000 US dollars to YKK Zipper to increase Hitachi Machinery’s shares, reaching 75.5% of the shares!

Then, Hitachi Machinery needs to transfer 51% of the shares of PG Zipper, but the valuation of YKK Zipper needs to be calculated based on 2.4 million US dollars.

In this way, Hitachi Machinery can obtain 1.22 million U.S. dollars, and its shares will fall to 24.5%.

If there is no PG zipper in charge, the YKK zipper will only be dying and close down;

Now that the PG zipper is involved, it is equivalent to revitalizing the YKK zipper;

Although the instigator is also the PG zipper, this is business and this is war!

However, if PG zipper is to become the mainstay of YKK, Hitachi Machinery must turn against it, because Tadao Yoshida is a rock in the pit-smelly and hard!

Tadao Yoshida will never transfer the company to foreigners. Tadao Yoshida is a person with a serious ethnic complex!

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

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

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

Only, PG zipper is the real winner!

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

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

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

In Wu Guangyao’s mind, I think Ito Hiroshi has acquired more than 51%, so I want to persuade him to sell it all to himself!

"Mr. Wu, just this morning, Hitachi Machinery increased its capital by 800,000 US dollars to finance YKK Zipper! We have 75.5% of the shares in our hands, but we will not sell all of them. We will sell you 51% at most, and the valuation is Increase to 2.4 million US dollars. Otherwise, we would rather die! Of course, once we cooperate, Hitachi Machinery is willing to be the backing of YKK zipper!" Ito Hiroshi made up his mind and said that he was betting, because he also saw that PG zipper is against YKK. The zipper is very important.

"Haha, Mr. Ito, misunderstanding, 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 has seen through Ito Hiroshi’s thoughts, and just wants to get on the PG zipper boat!

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

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

PG zipper wants to gain a foothold in Dongying, these ground snakes are naturally a good collaborator!

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

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

Wu Guangyao is calm and composed, anyway, this minister can't control himself, at most the acquisition fails!

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

Ryutaro Takahashi did not say anything, but looked at Wu Guangyao, apparently feeling that Ito Hiroshi was not doing it authentically!

Wu Guangyao said with a smile: "Mr. Takahashi, in fact, I didn't want to engage in vicious competition with YKK zipper in the beginning. It was Mr. Yoshida who pressed on step by step. In the United States, we were helpless and counterattacked. Of course, these are all. Mr. Takahashi is not necessarily willing to listen to business matters. But what I want to say is that if we don’t buy shares in PG Zipper, YKK Zipper will only go bankrupt. At that time, how many Dongying workers are unemployed, and how much foreign exchange you have lost. But If we are allowed to enter the YKK zipper, then everyone will be happy!"

A very realistic truth, Wu Guangyao no longer wants to talk about it!

These Dongying people really think that PG Zipper is incapable of bankrupting their leading zipper industry.

"We can enact trade protection to prevent PG zippers from entering the Toyo market!" Takahashi Ryotaro suddenly said shamelessly.

At this time, Wu Guangyao was also a little angry, and said unceremoniously: "Mr. Takahashi, you have to establish trade protection for a small zipper industry, so how do investors all over the world treat you Dongying. Also, you Do you know how much tariff you have to raise in order to keep YKK? It’s 100%. This figure will make you lose your credibility. You are just when you are developing your economy. You shouldn’t reject investors. And after you finish this, you will find that Dongying’s zipper It can't be exported, because we can snipe your zipper industry all over the world!"

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

If you can enact trade protection today, you will lose your credibility, and European and American countries will agree to target you. Is it not worth the loss!

The important thing is that you can only guarantee the domestic zipper market; then, how can you protect the foreign zipper market!

"Mr. Wu, if you can promise me the two conditions, our Ministry of Economy, Trade and Industry will not only not stop you, but will also give preferential terms!" Takahashi Ryotaro hesitated and said for a moment.

Takahashi Ryotaro compromised. Once the PG zipper was really rejected, the YKK zipper only went bankrupt and thousands of workers were unemployed.

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

(End of this chapter)




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