As early as August, the government had promulgated new regulations.
All production projects such as satellite TV receivers and key components, mobile communication systems and terminals must be approved by the relevant competent authorities.
The mobile phone approval system has just been liberalized, and the logic is that we will wait until the flowers have withered, and we will run non-stop on departmental projects.
Finally, in early December, the first batch of temporary license lists for mobile phone production were announced, and the logic was clear.
Ministry of Industry and Information Technology, large conference room in the agency building.
Including Lu Fei, a total of 4 companies received the license from the minister. Five people stood in a row. When the bursts of applause and the sound of Kaka taking pictures suddenly stopped, the award ceremony came to an end.
"Mr. Lu, now we can make a legitimate plan."
Sun Hongjun said excitedly while walking in the corridor.
"Yes, the next thing to fight for is strength."
Lu Fei lamented that the mobile phone market these days is a chaotic battle between black and white and a chaotic chaos of demons.
Not counting Motorola and Nokia, there are 85 foreign brands with licenses in China alone, and copycat phones without licenses are even more prevalent on the market.
Just invest one or two million, and cats and dogs can do it.
Don't think that you can sit back and relax with a license. Sometimes the value is just higher than a piece of paper, and you still have to rely on yourself.
Just as the two of them walked to the elevator and waited patiently, they heard someone whispering around them, and the sound was not gentle.
"A big event happened today. Lianxiang just announced the official acquisition of IBM's Personal Computer Division (pcd)."
"Hey, is it true? I always said it was a rumor before. It has been rumored for almost a year and there is not even a trace. How come it suddenly became a rumor?"
"Lian Xiang hid it well. He just kept quiet and became a blockbuster. Darling, he spent a total of 1.25 billion US dollars!"
"To be honest, Lianxiang's acquisition is so proud and elated!"
"Awesome, my Lianxiang."
"..."
Sun Hongjun gradually recovered from his surprise and sighed:
"As expected of Lian Xiang, they actually succeeded in swallowing the elephant like a snake. Now it will be even harder for Shenzhou to catch up."
As he spoke, Lu Fei looked calm and relaxed, and even had a bad smile on his lips, feeling surprised and confused:
"Mr. Lu, why are you laughing? Am I right?"
"I laugh at Yuan Qing's lack of plans and Liu Chuanzhi's lack of wisdom. He would foolishly jump into such an obvious situation set up by Goldman Sachs."
Lu Fei gave up on the elevator that he had arrived at and sat watching the crowds at the elevator entrance. Only Logic's own people were left.
"Bureau? Mr. Lu, do you think there is fraud?"
Sun Hongjun was shocked. The acquisition of former foreign giants by domestic IT industry giants was simply the pinnacle moment of China's manufacturing industry. It is worthy of being written down in history.
It should be a milestone, so how can it be a milestone?
Lu Fei smiled and said: "What is the price of Lianxiang's acquisition?"
"$650 million in cash and stock worth $600 million, which is about 18.5% of Lianxiang's shares."
Sun Hongjun said without hesitation: "We still have to bear the US$500 million debt left by PCD, but there are also gains and losses. Not to mention IBM's PC patent, just a global distribution network can avoid many international detours."
"If that's the case, how can this PC department continue to lose money and have a debt of 500 million?"
Lu Fei shook his head and laughed. Lian Xiang's dark history could never be forgotten even if he wanted to. In his previous life, there were self-media popularizations every now and then.
In fact, Lianxiang spent US$1.75 billion to buy an empty shell, and its patented technology had long been transferred by IBM.
What's even more funny is that Goldman Sachs, whom Lianxiang hired to help with the merger, was a very good-natured person on the surface, but secretly he was a man stealing and a woman prospering.
"What Mr. Lu means is that Goldman Sachs colluded with IBM, recruited other capital to act as actors, and deliberately drove up the merger price, causing Lianxiang to pay an extra $500 million?"
Sun Hongjun was stunned: "Why would Goldman Sachs do this!"
"The reason is very simple. What does Goldman Sachs play? It is a broker. The fee is naturally a commission from the final transaction price. The higher the price, the greater the commission."
Lu Fei narrowed his eyes: "Of course, Goldman Sachs wants more than just money."
"what else?"
Sun Hongjun swallowed his saliva and sweat broke out on his forehead.
Lu Fei asked: "You all say that Lianxiang is like a snake swallowing an elephant. Do you think Lianxiang can afford 500 million US dollars with his current wealth?"
Sun Hongjun shook his head repeatedly. As a strong rival of Shenzhou Computer, he studied annual reports and financial reports were the most basic basis. Lianxiang could spend up to 300 million US dollars, and it also carried 700 million RMB of non-performing assets from Bank of China.
$500 million is simply impossible.
"If I can't take it out, what should I do?"
Lu Fei smiled and said: "I can only borrow it, so who can I borrow it from?"
“Goldman Sachs!
"
Sun Hongjun suddenly realized it and even drew inferences from one example.
Goldman Sachs first raised the price, forcing Lianxiang to pay the high price, then teamed up with three or four PE companies to borrow money under false pretenses, and then infiltrated the board of directors without spending any effort.
Coupled with the major shareholder IBM, it is enough to control Lianxiang's control, at least dominate the overseas business, which is completely out of the question.
The key point is that Lianxiang acquired PCD and originally planned to break out of China and go global. However, in the end, it was still controlled by Goldman Sachs and IBM overseas.
After spending so much money, not to mention all the hard work, a lot of debt, and a few extra foreign-invested fathers!
"This is the Trojan Horse."
Lu Fei stroked his forehead and shook his head. This move has been tried repeatedly by Goldman Sachs.
Domestic companies such as TCL and Geely have all fallen into the trap of going global through acquisitions. Lianxiang also fell into this trap and gradually became meidi's conscience.
A chill ran down Sun Hongjun's spine, and his heart felt cold from top to bottom:
"No wonder Goldman Sachs tried every means to get us to interfere with it. Their intentions are so sinister! Their intentions are so cruel!"
"So we can't let Goldman Sachs get hurt."
Lu Fei patted his shoulder sincerely.
"Lu, Mr. Lu, is there no way to crack Goldman Sachs' Trojan Horse plan? Is there any way to save Lianxiang?"
Sun Hongjun gritted his teeth: "This is the number one computer company in the country, and it was just..."
"If you can't be saved, it's better not to be saved."
Lu Fei shrugged. Lian Xiang's influence was not as terrifying as he imagined. He was in the trade, industry and technology field and was of no use to the development of the semiconductor industry.
On the contrary, despite huge losses overseas, we have to make up for our losses domestically. Without Lianxiang, Lianxiang’s biggest contribution is.
"I understand, Mr. Lu."
Sun Hongjun understood this and Lenovo fell into the quagmire, which was equivalent to giving Shenzhou a once-in-a-lifetime opportunity to counterattack and surpass.
"You remember to tell Wu Haijun that no matter how many times you visit the thatched cottage, you must invite Academician Ni Guangnan to Shenzhou."
Lu Fei felt helpless. Logic was currently focusing on conquering mobile phones. He had no extra funds and would burn money to build computers.
Sun Hongjun felt the same and sighed deeply.
At this moment, a familiar voice came from behind the two of them:
"Hey, Mr. Lu, Mr. Sun, what's wrong with you two? You two are sighing?"
"Oh, Mr. Chang from Telecom."
Sun Hongjun turned around and saw that the person coming was Chang Bing, the vice president of Telecom, and he hurriedly introduced him to Lu Fei.
"Haha, I'm no longer with Telecom."
Chang Bing laughed at himself, then let out a long sigh.
Lu Fei asked curiously: "Without Telecom, is it possible that Mr. Chang has been promoted?"
"Yes, Gao Sheng, haha, Gao Sheng has become the chairman of China Unicom!"
Chang Bing almost wanted to die.
China Telecom, China Unicom, and China Mobile were the three most fiercely competing for hegemony among the Telecom Seven. Various vicious competition incidents occurred frequently. Finally, the Ministry of Industry and Information Technology couldn't bear it any longer and directly issued an order to replace all the heads of the three major operators.
"Hey, this is a great move!"
Lu Fei gave a thumbs up and was amazed.
The heads of each family were transferred to the other's, and they were embarrassed to be cruel to their old boss. Even if they were cruel, wouldn't it be embarrassing if they were transferred again?
From the fundamental point of view, vicious competition has been stopped.
"What's wonderful, Mr. Lu, you've made me miserable. My good vice president of Telecom can't take Telecom's shift normally."
Chang Bing smiled bitterly: "In the end, I took over the mess of China Unicom. No, this mess is also your fault, Mr. Lu. No matter what, you have to give me advice."
Lu Fei's eyes widened, how could this still be my fault?
