Mergers and acquisitions are an important way for a company to develop rapidly. For example, after the split of Wan'an Company, many businesses were bought by Texas Instruments and Apple, and it suddenly became the world's number one computer company, with a market value of tens of billions of dollars.
It has skyrocketed to the current US$25 billion. At first, the U.S. Department of Justice said that Wan An Company was a monopoly, but now the company is even bigger than the original Wan An Company, but the U.S. Department of Justice did not say anything.
Texas Instruments has also recovered a lot and has made huge improvements in the field of chip manufacturing. Although there is still a gap with Intel, the gap has obviously narrowed.
Apple, on the other hand, has a bit of a comeback. It was already half-dead. Now, Jobs is back. He led his old subordinates and vowed to make Apple computers the ultimate, the kind of Apple computers that give people a visual impact.
has appeared, and with the software support of Wan'an Company, there is great hope for Apple Computer to rise again.
These are the benefits of mergers and acquisitions, but there is a premise, that is, the mergers and acquisitions are all high-quality assets and the absorption of advanced technology. At the same time, this technology has not surpassed itself too much, and it can be upgraded and replaced. This opportunity is promising.
Unable to ask for.
In the previous life, when the country gradually became stronger, many companies also began overseas mergers and acquisitions, such as the merger and acquisition of Fantasy Group. This was a world-shaking merger and acquisition. A company that symbolized the pinnacle of the American computer industry was actually acquired by Fantasy Group. For Americans,
It is simply unimaginable. Not to mention Americans, even Chinese people are stunned.
It seemed like a classic case, but problems soon emerged. The Fantasy Group was completely unable to master the core technology. After all, it had been focusing on assembly in recent years, and it was not good at technology. In addition, it was already the era of mobile Internet.
Computers are no longer the first choice for the Internet, so Fantasy Group does not dominate the world as outsiders imagined. Instead, it gradually falls behind in the era of algorithms and artificial intelligence. If there is no breakthrough in technology, life will be difficult in the future. From this aspect
Generally speaking, Fantasy Group’s acquisition of companies is not a successful case.
Liu Lang has long planned to develop cars. He can build the engine himself, but he can't assemble the entire vehicle. Of course, that doesn't mean he can't do it. He is worth 6.5 billion U.S. dollars. As long as he wants to
, you can even make rockets, but it’s not necessary. He has ten thousand ways to make rockets, and doing them all yourself is the stupidest way.
The best way is to acquire an automobile company, buy the other party's production line, then transform it, improve yourself during the transformation project, and finally realize the automobile dream.
Liu Lang had already started making preparations for buying the production line. First, he secretly inspected domestic automobile companies. The first was Shencheng's most famous Gold Medal Automobile Co., Ltd.
Shencheng Gold Medal Automobile Co., Ltd. was formerly Shencheng Automobile Industry Company. This is an old state-owned enterprise that suffered losses all year round.
It issued 100 million yuan of stocks at home and abroad, but after more than a year, there was very little response. The company even posted a notice to sell stocks in the courtyard of the National Restructuring Commission, but only sold 20,000 yuan in a whole day.
Liu Lang knew about this at the time, but at that time he had just returned to China to prepare for the establishment of the North Industries Group and had no time to pay attention to it. He also did not want to get involved. So what if he bought it? He needed technology but no skills and no talent.
, it is better to set up a joint venture factory.
But Liu Lang had paid attention to the company's trends back then, because he knew that the Gold Medal cars produced by Gold Medal Automobile Co., Ltd. were somewhat famous.
Sure enough, a man named Yang Yong appeared at that time.
This Yang Yong is very powerful. It's not that he can build cars. He doesn't have that ability, but he is very good at capital operations. In the 1900s, he made a lot of money by trading stocks on Hong Kong Island and met a lot of people.
In 1991, Yang Yong bought 30% of the shares of Paicui Auto for US$9 million, and then arranged several key share exchanges to expand his holding ratio to 40%, becoming the absolute controlling shareholder of the company.
.
Later, he quietly united with several companies to establish Zhongchen Automobile Co., Ltd., conducted several capital operations, controlled 70% of the equity of Zhongchen Automobile Co., Ltd., and was also the legal representative.
In 1992, Zhongchen Automobile Co., Ltd. invested in Jinjin Automobile Co., Ltd. After this operation, Yang Yong controlled Jinjin Automobile Co., Ltd. and was on an equal footing with the management department behind Jinjin Automobile Co., Ltd., and successfully listed it in New York in the same year.
Ten million dollars.
This was the first overseas listing of a national enterprise. For the New York Stock Exchange, it was also the first officially listed stock from China. The U.S. stock market was a sensation that year.
What next? How will Gold Medal Auto develop? To be honest, Liu Lang doesn't see any development prospects for them.
The current domestic automobile industry is a monopoly. Volkswagen accounts for half of the country. Joint ventures are also booming. But don’t forget that there are very few joint ventures. There are only three in the country that cooperate with foreign automobile companies. Each automobile manufacturer follows suit.
, does not have much fighting spirit, is full of "rules" in the industry, and is full of arrogance.
Of course, this life is much better than the previous one. There are many companies across the country that are making supporting parts. Needless to say, Wanhe Company’s universal joints are directly supplied to BMW. There are many other companies in this industry.
, especially after the large-scale application of the "Exploration No. 1" CNC machine tool, it has far-reaching significance for the manufacturing of automobile parts.
But the manufacturing of parts and components is only a low-end product. Of course, compared to the automobile industry, the manufacturing of parts and components is considered a downstream product, and the additional risks are not high.
The country also wants to develop in the automobile industry, and the joint venture company wants to gradually absorb foreign technology. But after all, foreign companies will not give you technology. A company basically wants to make a profit and hand over most of its parts.
It is given to you to reduce costs, and core technology is the biggest profit growth point. It is related to the foundation of a company and will never be understood by other companies.
The core technologies of foreign automobiles have been obtained through nearly hundreds of decades of development, and China has only begun to contact related industries in recent years. The country does have car companies, but they are all trucks and vans, and the engines of these cars are the same.
It is a product of the former Soviet Union and cannot be used in cars at all.
It can be said that the core technology of civilian cars is completely different from that of trucks and vans. If you want to make a breakthrough, you must start over. But is this easy? Of course it is not easy, and it is very difficult.
Liu Lang is very aware of the country's current automotive problems, which is that parts manufacturing is booming, but there are high barriers to core technology. It is extremely difficult for state-owned enterprises to break through. As for private companies, they can't even join the game.
Not to mention, the start-up capital needs to be at least tens of millions. Do you have the money?
This is still the start-up capital, what about the technology? Don’t think about the tens of millions of people in the production line, what about the talents?
By the way, there are indeed some talents. Two years ago, under the coordination of Liu Lang, Huaxia Industrial Technology and Yiqi Company established an automotive technology R&D laboratory at Huaxia University. Norinco also participated, and later some schools also established
The establishment of an automotive technology laboratory is also part of the country’s determination to develop automobiles.