The host and guests were laughing and chatting happily, creating a peaceful atmosphere.
Until noon, Wang Yaocheng said with a smile: "The Peak Restaurant is a very famous restaurant in Hong Kong. We have already reserved a table. Today we warmly welcome Mr. Sun Zhenyi, CEO of SoftBank Group. It would be disrespectful to prepare a small amount of wine."
"Oops, I've caused you trouble." Sun Zhengyi and his party stood up again and bowed at 90 degrees; "Thank you Wang Sang for your deep friendship. We have prepared a small gift here. It is not respectful. We hope that
Accept it."
Son Zhengyi winked at his assistant, and his distressed look disappeared in a flash.
I can't bear to let the child catch the wolf.
This young Wang Yaocheng was so cunning, and his reception was very warm. He laughed and talked for most of the day, but did not even touch on the essence of cooperation.
I am willing to consider it, look forward to cooperation, and hope to cooperate. As for whether we have decided to cooperate? At what level? What specific projects will we cooperate on?
He looked around, but he couldn't hear the truth anyway.
Masayoshi Son has a deep understanding of Chinese people's psychology. Giving gifts to billionaires will make them feel particularly proud. It doesn't matter how much money it is, the key is that the intention is in place.
Of course, a gift that is too light is definitely not acceptable.
The assistant respectfully placed the elegant rosewood box on the floor. The pattern of the ladies on it was simple and clumsy, with elegant and flowing lines. It was at least a treasure from the mid-Ming Dynasty.
Nowadays, this antique box costs at least more than 300,000 yuan, and it will directly exceed one million yuan in the future.
It's a pity that Wang Yaocheng is not very interested in these things. As for making money from it, hehe, big bosses who make hundreds of thousands every minute really look down upon this.
"Look, this is a bit strange. The two countries are separated by a strip of water and have a long history of exchanges." Wang Yaocheng said this, having already taken the antique box in his hand, and dropped it on the table with a "clack".
Seeing this rough action, Mr. Sun Zhenyi's eyelids twitched and he silently looked towards the roof.
Wang Yaocheng was startled when he opened the box and saw the equity certificate inside. It was Shueisha's 5% equity certificate. Based on the market value of the Tokyo Stock Exchange, which has now collapsed, it was worth about US$50 million.
In fact, Shueisha is very well-known, but its profits are not very high. It is around 10 to 20 million U.S. dollars every year. It is very difficult to exceed 30 million U.S. dollars.
Shueisha was founded in August 1926. The company's name means "Collection of Wisdom" and it is one of the largest comprehensive publishing houses in Fuso.
Shueisha publishes a variety of comic magazines for teenagers. Among them, the most famous "Weekly Shonen Jump" comic is the highest-circulation comic magazine and has many enthusiastic comic fans around the world.
Its representative comic works include "Dragon Ball", "JoJo's Bizarre Adventure", "Yu-Gi-Oh!", "Saint Seiya", "Slam Dunk", "Chibi Maruko-chan", etc. In addition to publishing animation magazines, Shueisha also publishes literary books,
Novels and other books.
Wang Yaocheng knows that in a few years, famous comics such as "One Piece" and "Hunter" that will become popular around the world will be serialized in "Weekly Shonen Jump" and their commercial value will continue to rise.
But this thing is dispensable to him. After all, he has many big IPs from Marvel Animation, which are top-notch products that are popular all over the world and are unparalleled.
Watching Wang Yaocheng's serious expression carefully, Sun Zhengyi felt a stone in his heart and said sincerely;
"Wang Sang, I am also a loyal comic fan. I have maintained my passion for comics since I was a teenager. Reading comics is a good activity to spend time after busy work. Although these shares of Shueisha are not valuable,
, but it’s very commemorative, so I hope Wang Sang will accept it.”
Sure enough, he is worthy of being a ruthless man. A few decades later, this Masayoshi Son became rich and powerful. He gave Didi Taxi $50 in one fell swoop. He did not want to offend others, but he did it in such a coquettish way.
Masayoshi Son also put a lot of thought into it. It is painful to give gifts to billionaires who are not short of money. If you give him a Rolls-Royce, he will think that you look down on him.
Damn it, dozens of these cars are bought during the annual meeting, how can they be used to make people look miserable?
People don’t like antiques or anything like that.
If you want to give me a private jet, I can't get rid of light aircraft. I have a Boeing 737. If I want to give you a wide-body passenger jet, it will be really painful and I won't bear to give it.
After much thought, this Shueisha 5% equity certificate is the most suitable.
If Wang Yaocheng were to give something worth several million and just put it aside without thinking about it, the purpose of the gift would not be achieved at all.
Sure enough, Wang Yaocheng pondered for a moment and said, "Mr. Sun, in which field does SoftBank Group want to conduct in-depth cooperation?"
"We are a company that specializes in investing in high-tech companies. Our targets are of course Yahoo! and Athlon. They both have very bright growth prospects and we are very optimistic about them."
"Yahoo will conduct its first round of IPO financing after the Spring Festival, probably in March. SoftBank can participate, which is no problem. However, Athlon has invested heavily in computer chip research and development and currently has no financing needs. I'm afraid it will disappoint you.
Already."
"Wang Sang, in fact, SoftBank wants to have a comprehensive strategic cooperation with Royal Fund, including your Hong Kong-owned companies, the Carrefour supermarket chain in mainland China, Pacific Home Appliances and Gree Electric Appliances. SoftBank is willing to pay a sincere price to buy shares."
This guy has a big appetite, and he is really soft on others. Wang Yaocheng tapped his slender fingers on the table, thought about it and said;
“What can SoftBank offer?”
“Cash and Yen Loans.”
"My Red Hat company has a $1.4 billion loan from Citibank."
"No problem, we can provide more."
"good."
Wang Yaocheng finally made up his mind that it was actually unhealthy for his companies to own too much equity. Domestic and foreign industries needed to introduce strategic partners. In comparison, Japanese yen loans were too tempting.
Although the Carrefour supermarket chain and Pacific Appliances chain store outlets developed in China are all self-owned properties or self-developed buildings, they have huge potential for appreciation in the future.
However, the property rights of this part of the property are all in the hands of the Royal Family Fund, and all stores are leased.
Even the ownership of the Carrefour brand and the Pacific Appliances chain store brand is in his own hands. Except for Netscape's Navigator browser, all other brands owned by Wang Yaocheng are treated in the same way, and others cannot covet them.
As a glorious reborn person, it is difficult to seek advantage from Wang Yaocheng.
Even if SoftBank and CITIC Group invest as strategic partners, what they can enjoy are the profits generated by corporate expansion, and nothing else.
It is now the end of January 1994, this time period;
Inflation in the Mainland is quite severe. The annual loan interest rate is as high as over 18%. Local commercial banks frequently raise interest rates of 25%. Most of the funds for domestic expansion are self-raised. 80% of the more than 2 billion loans have been repaid. The interest rate is really too high and cannot be used.
.
Citibank's loan annual interest rate is 3.8, which is a quite reasonable range, so it has a huge loan of 1.4 billion US dollars.
In contrast, after the economic bubble burst in Fusoland, starting from 1990, in order to stimulate consumption, the interest rate on deposits was almost zero, and the interest rate on loans was so low that it was eye-wateringly low.
Moreover, major Japanese banks are among the strongest in the world, leaving behind all established multinational banks such as the United Kingdom and the United States.
In 1993, the balance of non-performing loans of the 20 top Japanese banks was 12.8 trillion yen, and banks had written off 37.6 trillion yen of non-performing loans. After that, an average of 7.5 trillion yen of non-performing loans needed to be written off every year.
Even with such great efforts, the situation faced by major Japanese banks is still severe. The annual balance of non-performing loans has increased to an average of 8 trillion yen every year, and non-performing loans still show a net growth.
The consequences of the bursting of the economic bubble are bitter. Large Japanese banks are also seeking innovation and change amid operating difficulties. As can be seen from the list of shareholders of SoftBank Group, this is actually an attempt by the banking giant to transform.
By investing in high-tech Internet industries, the economy has developed from real to virtual. SoftBank Group has played a leading role and is a pioneer among major Japanese banks in testing the virtual industry.
Strengthen cooperation and everyone gets what they need.
The two parties have agreed on the intention to cooperate, and the specific details will be left to the staff to negotiate in different categories. This involves audits by professional accounting firms, and investment banks will comprehensively evaluate the company's prospects and arrive at a reasonable premium level.
On this basis, professionals from both sides can contact and negotiate. This process will not take less than half a year.
The scope of cooperation currently delineated is Yahoo's first round of IPO, investment in Swire Pacific, HAECO, Cathay Pacific Airways, Carrefour supermarket chain, and Pacific Home Appliances chain shopping malls. The shareholding ratio is 10% to 15%. The specific work will be coordinated by professionals.
As for other projects, the conditions for cooperation are not mature.
For example, Marvel Animation, SoftBank Group has no intention of taking a stake, Fuso Country’s animation industry is extremely developed, and animation companies operate much better than those in the United States. The same situation applies to Pierce Animation, the NBA Rockets, and the Playboy brand.
Regarding these two companies, even if SoftBank Group kneels on the ground and begs for cooperation, Wang Yaocheng is reluctant to give them a share, and is unwilling to cooperate.
As for Green Electric, it goes without saying. Nowadays, the Little Devils Home Appliances Industry has formed a group army to conquer the world. Any home appliance company ranked 20th to 30th will be a level higher than Green Electric.
From the perspective of SoftBank Group's Sun Zhenyi's psychology, he is unwilling to accept these junk.
If he wanted to buy a stake in Geli Electrical Appliances Factory, Wang Yaocheng should give him gifts in turn, depending on whether he was happy or not.
In the home appliance industry, major Japanese companies are the leaders in the world. SoftBank Group can choose whichever company it wants to invest in. Who would refuse a major Japanese bank to invest in it?
After agreeing on the cooperation, the two parties went to the banquet together. At the banquet table, Wang Yaocheng drank a lot of wine and knocked down Mr. Sun Zhenyi, who was not a drinker. He vomited all over the place.
This guy is full of bad taste, and it's really dark to do something when he gets the chance.
Unfortunately, several major projects that SoftBank Group relies on to make a fortune have been targeted by Wang Yaocheng early on.
Whether it is the Netscape browser, Yahoo search, or future well-known Internet companies that have not yet been born, they are all under Wang Yaocheng's calculations. It may be difficult to replicate the success of the previous life, but it is okay to drink some soup.
After all, considering that the Japanese market is very exclusive, Wang Yaocheng is still willing to leave Yahoo Japan to Sun Zhenyi and reap the benefits.
But this is based on Sun Zhenyi's massive hemorrhage. Wang Yaocheng will never let go unless he gets enough of the benefits.