During the visit, Zhu Jianghong, President of Gli Group, took the time to educate Wang Yaocheng about illiteracy and introduced the situation in this field;
"Chairman, since the 1980s, mid-to-low-end CNC machine tools of Mitsubishi, Mazak, Mori Seiki, Komatsu and other brands, mainly Japanese manufacturers, have successively entered the Chinese domestic market and occupied the market. In the domestic market, the number of CNC machine tools is the largest, especially
Mainly mid-range machine tools.
By the end of the 1990s, some powerful European and American manufacturers began to enter the domestic market.
This includes well-known international manufacturers such as Germany's Siemens, KUKA, Switzerland's ABB, France's Schneider, and the United States' Rockwell. However, due to restrictions on high-tech output from Europe and the United States to China, the field of high-end CNC machine tools is still not optimistic.
This limits our high-end product manufacturing capabilities. Green Group can also solve this problem through foreign production bases. Other domestic companies are not so lucky and can only look back and sigh.
KUKA is a single champion, specializing in automotive flexible production lines and parts manufacturing, welding equipment and container manufacturing. Its products can be widely used in the foundry industry, metal, stone, glass processing industry, logistics transportation and food processing industry, and have a wide range of uses.
.”
Wang Yaocheng nodded and said, "I know, just like the Olympic Games specializes in rhythmic gymnastics, you can win medals in this field, but not in other fields."
"Well... the metaphor of chairman is very vivid."
"Then look, are there any companies that are comprehensive players? They are relatively strong in all aspects."
"Of course! The Swiss ABB Company and the Japanese-owned Fanuc are both very strong in overall strength. They belong to the comprehensive players you mentioned. If KUKA is a single champion, the Swiss ABB Company is a pentathlon player. Fanuc is in
The technical level is slightly lower, but the product categories are also very wide, and we are also comprehensive players."
"You take the initiative to contact them and see if they are interested in selling. If that doesn't work, we can increase investment in research and development and develop KUKA into a comprehensive category. We may not be worse than them."
Zhu Jianghong scratched his head with a headache and said, "There is no problem with contact, um... but we'd better not have high hopes. It seems more reliable to increase investment in KUKA."
Wang Yaocheng glanced at him and said;
"The little devil is definitely not easy to deal with. They are all backed by big chaebols, and there is no shortage of funds and channels. This Swiss ABB company may not have any problems. You should conduct a detailed investigation, including the background and origins of the top ten shareholders.
Try to find out as much as possible so that you can start in a targeted manner. The consortium enterprises have nothing but rich resources in various fields, such as financial communications, entertainment media, retail department stores, real estate development, electronic semiconductor industry, equipment manufacturing and sales, and high-tech network industry.
There are many categories, and there may be a category that they are jealous of.”
"Chairman, I understand." Zhu Jianghong immediately beamed.
If this thing really succeeds, Geli Group will undoubtedly be the biggest beneficiary. Huali will be promoted to the top level in the world's industrial intelligent robot field, and it will be an out-and-out first-tier manufacturer.
Coupled with the group's traditional industries, it has transformed into a comprehensive equipment manufacturer with numerous product categories, and its strength and technology are among the best in the world.
Maybe, I can also get the honor of being the best manager in the world.
The competition within the consortium is now too fierce. Mr. Jobs, CEO of Apple, who was just acquired this year, was the world's best manager in 2002. This means that there is one more ace manager within the consortium.
Without this lofty honor, I feel that I don’t have enough confidence to greet others, which is so frustrating.
For Wang Yaocheng, coveting the Swiss company ABB is purely a two-pronged game. This thing is unreasonable. How do you know that the other party is unwilling to cooperate?
If you get a positive response, wouldn’t it be a profit!
Taking a step back, if cooperation is not done in a righteous way, Gli Group will not lose anything. It just gives up and concentrates on the development of KUKA Robot Company.
Others can be a comprehensive manufacturer, but with the support of Germany's strong mechanical industry foundation and heavy investment in science and technology, we can be equally outstanding.
After the inspection, the two parties held a formal signing ceremony.
at the signing ceremony
Witnessed by many journalists, Mr. Zhu Jianghong, President of GREE Group, and Mr. Voith, former Chairman of KUKA Robotics, signed the agreement text and completed the merger amidst warm applause.
Gli Group spent US$3.35 billion to acquire 85.4% of KUKA's equity. In addition to the 10.2% equity it previously held, it obtained a total of 95.6% of the equity and successfully brought it under its ownership.
"Mr. Cooper, please convey the goodwill of Royal Fund's investment to the relevant parties of the German government. Thank you to the government's antitrust department for giving the green light to this merger, and also thank the European Trade Commissioner for paying attention to this. Royal Fund feels the goodwill released by the government."
, open the door to welcome investors from all over the world to participate in equal market competition."
Governor Cooper of Bavaria and Wang Yaocheng held hands tightly. This scene was broadcast simultaneously through live broadcasts and news reports, which was beneficial to both parties.
The Royal Family Fund has expanded its influence through publicity, and the government has successively introduced large investments from HSBC Bank and Glitter Group, optimizing the industrial structure of Bavaria and increasing employment and tax revenue. This is an out-and-out political achievement.
At the subsequent press conference
Ms. Bettina Wigman, EU Trade Commissioner, delivered an impromptu speech;
"This successful cross-border cooperation demonstrates Brussels's open foreign trade policy. It welcomes powerful institutions to participate in the construction of the EU and contribute to promoting employment, strengthening trade and industrial cooperation, and enhancing market competitiveness..."
After half an hour of impromptu speeches, the reporters below were drowsy. After the host announced that the question period had begun, a clear burst of cheers could be heard.
Ms. Bettina Wegman sat on the stage with a slight embarrassment and was interviewed by news reporters together with Wang Yaocheng and Governor Cooper.
"The first question I want to ask is Lord Wang Yaocheng. I am Kelly Straw, a reporter from Germany's Der Spiegel. First of all, I congratulate you on your successful acquisition of Bayerische Bank and KUKA Robotics. I would like to ask you about your next step.
Are there any other M&A plans in Germany or the EU, or projects that are currently under negotiation? Can you tell us more specifically?"
Wang Yaocheng looked around and answered with a smile: "You have two questions, and the questions are not small. To save time, I will answer them briefly.
As an advanced developed industrial country in the world, Germany has outstanding strength in many fields. Royal Fund is very willing to deepen cooperation with Germany in related fields.
There are proposed cooperation negotiations with the German Lycra Company and close contact with supermarket groups in Germany and France, but there are currently no results that can be announced."
Wang Yaocheng's answer obviously did not satisfy the appetite of the reporters at the scene. Royal Fund's large-scale landing in the European market has undoubtedly caused a shock in the financial world, and related industries have cried "wolf is coming".
Including the other three of the top four robotics families, Switzerland's ABB, Fuso's Fanuc and Yaskawa Electric, they were shocked by the acquisition of KUKA by the Green Group.
They are not afraid of the Green Group, but they are afraid of the royal family fund with unfathomable power behind it, and they are always known for their good appetite and ruthless methods.
There has been a bloody storm in every field we enter, including the CDMA memory chip field, LCD panel field, mobile phone field, commercial retail field, home appliances and consumer electronics field, network high-tech field and even Hollywood, all of which have caused the field to be reshuffled and produced The influence is far-reaching.
Can such a behemoth like a prehistoric crocodile enter the industrial intelligent robot market without sending chills down the backs of competitors?