Chapter 536 Planning for the listing of Atlantic Business Machines
Having gone through two antitrust investigations by the U.S. Department of Justice and with rich experience in the past and present, Wang Yaocheng is almost a hammer if he still cannot understand the biggest crisis facing the consortium.
At this stage, it's better to be humble and develop.
Try not to reveal your true strength and stimulate the sensitive nerves of Americans.
The most talked about sense of crisis in the world is none other than the Americans.
Even though he is in the safest place in North America, with the vast Atlantic and Pacific Oceans to his left and right, Americans are safe and sound. However, Americans are still worried about this and that all day long. They are very symptomatic of being persecuted and paranoid.
Even if it dominates the world politically, economically and militarily, it still feels a deep sense of crisis.
Not to mention the capital from Hong Kong, even close allies such as Japan, South Korea and the European Union are leading in certain high-tech fields, which makes it difficult for Americans to sleep and eat.
one sentence;
I just can’t see others being better than myself.
think back
In the 1980s, Fuso's electronic semiconductor industry emerged. With its strong price and quality advantages, it quickly occupied the international market, accounting for 89% of the market share. US-funded manufacturers that were squeezed out of the electronic semiconductor field one after another.
The United States has launched more than a dozen 337 investigations in succession, which is a measure to investigate and impose sanctions on unfair practices in import trade.
As a result, under the trade stick sanctions, Fuso's electronic semiconductor industry rose and fell like a comet, and was quickly replaced by South Korea, Taiwan, Hong Kong, Singapore and other regions. This was also a historical opportunity for the rise of semiconductor companies under the Royal Family Fund.
Haha, does it feel a little chilly when you touch the back of your head?
In the field of aerospace engines, the British Rolls-Royce Company is a direct competitor of General Dynamics and Pratt & Whitney of the United States. It has strong technological research and development capabilities and equally strong product capabilities.
The United States still imposes ruthless market sanctions on its close ally, the United Kingdom, blocking access to the most profitable U.S. market.
There are so many dark histories, they are simply too numerous to count.
Now, the Atlantic Business Machines legal team has proposed the second option;
Using TSMC, Atlantic Jinko Group suppressed the upper end of the chip industry chain, hoping to deal a heavy blow to the enemy and force it to withdraw its industry monopoly lawsuit against Atlantic Business Machines Corporation.
This will obviously expose the weaknesses of US-funded companies in the chip and semiconductor manufacturing industry, arouse the highly sensitive nerves of potential hostile groups, and will suffer a thunderous blow.
Losing the watermelon and picking up the sesame seeds is what a wise man would not do.
meeting ended
Many senior executives of Atlantic Business Machines Company left the large conference room one after another and went their separate ways. President Zhang Shuguang, several vice presidents and lawyer Sapiro, black lawyer Corcoran, Sean Kemp, Director Zhao Feng and others came to the small elegant environment.
living room.
Here, a small-scale secret meeting will be held to discuss major issues involving the future of Atlantic Business Machines.
After a while
Wang Yaocheng strode in, and everyone stood up to greet him. He waved his hand and asked everyone to sit down and talk;
"Everyone is here, so let's make a long story short and discuss the document recently issued by the consortium. The content is about the way to salvation under force majeure administrative suppression. Have you read the report of the Hong Kong Guanfengyun Economic Research Center?
Let’s talk about it.”
"Chairman, well... we have carefully studied the relevant confidential materials. In fact, we have been doing some work."
As the president of Atlantic Business Machines Company, Zhang Shuguang made the first speech without hesitation;
"As of the first fiscal quarter of 2004, our company has three major businesses in the United States: wireless communication research, industrial design research and production.
production aspects;
It has a total of seven factories in the United States with a total of 31,500 employees, mainly engaged in the production and assembly of core areas such as computer motherboards and mobile phone baseband chips with high technological content.
This part of the business can be gradually transferred to China, Southeast Asia and other places.
We are preparing to close four factories within three years, mainly two computer motherboard factories in Almond, New York, and assembly plants in Boston and Massachusetts. It is expected to reduce employees by 17,200 people and save US$1.35 billion in annual expenses.
The company has a total of 217 parts and accessories manufacturing companies covering all parts of the world.
Among them, spare parts manufacturers in China have grown year by year and now account for 42%, manufacturers from the United States account for 26.6%, manufacturers from Japan and South Korea account for 21.4%, and the rest are powerful spare parts suppliers from the European Union and Southeast Asia.
The final finished product is mainly manufactured by Changjiang Technology Group, which is no problem.
According to statistics, there are approximately 620,000 employees in China and Southeast Asia serving the company, producing a huge amount of technological products for the world market.
Especially in the past two years, the strength of spare parts manufacturers from mainland China and Southeast Asia has grown rapidly, and their share is also increasing.
After careful analysis, Atlantic Business Machines Corporation believes that;
American manufacturers account for 26.6%, of which 12.4% can be replaced. The remaining 14.2% of high-quality spare parts cannot be replaced worldwide and need to be planned slowly over time.
The plan we proposed based on this is acquisition. The acquisition amount of these small and medium-sized enterprises with unique technologies is not large, but they are an indispensable part of the entire industry chain.
Therefore, 7.8% of key parts supply problems can be solved through corporate mergers and acquisitions, and the remaining 6.4% of key parts are mostly in the hands of large companies such as IBM or Texas Instruments.
Once it is suppressed by policy, it may be difficult to solve the supply problem.
In terms of the second section;
The industrial design research department directly under our company has been closely linked with the Shenzhen Science Park, and the two parties have frequent exchanges. Currently, a large number of domestic researchers are studying in the Boston Research Center.
More topics will be handed over to the Chinese Research Institute, and seamless connection can be achieved between the two.
In terms of the third sector;
The most important thing is the Silicon Valley Wireless Communication Technology Research Center directly under the consortium. If it loses the support of the center, Atlantic Business Machines' development prospects will be severely hit.
At present, the most important smartphone project research team relies entirely on the technical support of the Silicon Valley Research Center, which the chairman attaches great importance to."
After listening to the report, Wang Yaocheng tapped his slender fingers on the sofa, pondered for a moment and said;
“On the production side;
The speed of production capacity transfer must be accelerated. Three years is too long. The plan to close the factory should be two years. Try to do a good job in diverting employees and eliminating the weak and retaining the strong.
Some experienced technicians can be dispatched to Changjiang Technology Group to teach practical skills and improve the level of OEM companies.
There is no need to worry about the attitude of politicians in New York. Through this antitrust case, I can finally see clearly that New York is a stronghold of white conservative ideas.
Time and time again, unfavorable lawsuits and investigations against the consortium are initiated by politicians here. No matter how good you are, they will find fault with you.
We simply can't change these people's strong rejection sentiments and right-wing ultra-conservative ideas, and we will never be able to win their favor, let alone be recognized by the white, old-money clique.
In this case, we don't need to give him face. The three factories in New York will stop production and transfer to him within a year.
You organize a special working group to deal with the supply chain issues of spare parts manufacturers, purchase them separately, and try to use market means to solve the problem.
As for the 6.4% of key accessories controlled by large US-funded manufacturers, plan B must be prepared to acquire and support second-tier backward manufacturers in related fields, and increase scientific research efforts to strive for product substitution.
The relevant work is personally spearheaded by Sugon, and we must effectively improve the supply capabilities of the entire industry chain to prevent being stuck by others."
President Zhang Shuguang nodded and said yes; "Chairman, please rest assured that the company will ensure quality and quantity according to your instructions. I will personally take charge and at the same time promote the acquisition and shareholding of spare parts manufacturers, as well as the product substitution of key spare parts."
, and strive to achieve full control of the spare parts industry supply chain within three years.”
"Very good. Atlantic Business Machines is a strong group. I believe you will do a very good job. In terms of scientific research in Silicon Valley, the consortium has other appropriate arrangements. You can rest assured about this."
Wang Yaocheng did not hesitate to ask for the prize, thought about it and then said;
"According to the recommendations of the Guanfengyun Economic Research Center in Hong Kong, it is best for Atlantic Business Machines to re-list in New York and use interest bundles to bring many American pension funds over to our side. What are your thoughts on this?"
"Chairman, this is a very good strategy, I agree."
"The U.S. pension fund itself has great influence and is a powerful alliance of interests. I support this method."
"Second opinion, you can subdue others without fighting, and the strength of pension funds should not be underestimated."
"Second, Atlantic Business Machines' stable revenue and out-and-out large-cap blue-chip stocks are an inevitable allocation in the shopping baskets of many pension funds with a scale of up to 20 trillion U.S. dollars, involving the pension income of tens of millions of Americans.
, even if you want to attack us, you have to think about it before doing so."
"Second the proposal..."
Seeing everyone's unanimous agreement, Wang Yaocheng nodded and said;
"Very good, then the relisting proposal has been approved. In this case, relevant work must be prepared to strive for an IPO between the first and second quarters of 2005 to achieve the relisting of Atlantic Business Machines.
As a result, it will be a super heavyweight IPO. I hope everyone here will attach great importance to this work.
Don't let the rich water flow to outsiders' fields.
HSBC serves as the lead underwriter for listing guidance, and can work together with Goldman Sachs, Sequoia, Blackstone and other institutions. After all, they are all good partners with long-term cooperation and have a rare tacit understanding."
President Zhang Shuguang glanced at lawyer Sapiro speechlessly and saw that the other party had the same idea as his;
Our chairman is really not big-minded.
Citibank, which it has cooperated with countless times, was excluded this time, certainly because it played a disgraceful role in the Department of Justice's investigation of the HSBC financial industry monopoly case.
Now the chairman was furious;
Therefore, Citibank will not be involved in this super-heavyweight IPO that may set a historical record.
I guess Citibank will be heartbroken when the news comes out, right?