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Chapter 423: An Insurmountable Mountain for the Completion of the Acquisition


The basic framework of the agreement is still the one set before Xiao Bai, Julong Electric will wholly acquire Volkswagen Electric Appliances, and the acquisition method is equity plus cash.That is, the equity of Julong Electric 3 plus 100 million yuan in cash was paid to Zhang Weizhong, and Julong Electric held 100 shares of Volkswagen Electric.After the agreement was signed, Jiang Xiaozhou and Qin Siyao stayed in the capital, and they needed to do a good job of clearing assets and verifying funds to prepare for the next handover.Zhang Weizhong came to Shencheng and met Xiao Bai.Xiao Bai immediately held a meeting of the board of directors of Julong Electric, and Zhang Weizhong talked about some of his views on the development of household appliance chain enterprises in front of the directors.According to Xiao Bai's understanding, Zhang Weizhong's point of view still has many bright spots."

I want to say a few words that I plan to appoint Mr.

Zhang as the deputy general manager of Julong Electric, what do you think?"

Zhang Weizhong left the conference room after speaking, and Xiao Bai next discussed the new personnel appointment with everyone."

Dong Xiao, I think that according to Mr.

Zhang's qualifications and knowledge, he should be appointed as the general manager of Julong Electric."

The others had no opinion, only Li Longbin said a word."

Dong Li, Mr.

Zhang has just joined the company, if he is directly asked to be the general manager, I am afraid that many people will not be convinced."

Yang Xuecheng reminded Li Longbin that although seniority is not good, he can't ignore it at all."

Let's just let him be the deputy general manager first, and then he can be adjusted according to his personal ability and contribution, what do you say?"

Xiao Bai saw that everyone agreed with letting Zhang Weizhong serve as the deputy general manager of Julong Electric Appliances first, so he made a decision directly.Li Longbin nodded, thinking that this was fine.Subsequently, Zhang Weizhong returned to the capital for handover, and Julong Electric took over all the assets of Volkswagen Electric after paying the acquisition price.Zhang Weizhong served as the vice president of Julong Electric, responsible for the business south of the Yangtze River.Qin Siyao is also the company's vice president, responsible for the business north of the Yangtze River.Jiang Xiaozhou served as the chairman and general manager of the company, sitting in the company's headquarters and looking at the overall situation.Jiang Youwei is no longer the chairman of the company, and he was also temporarily made up.Xiao Bai has his own plans, and after a period of investigation, the general manager of Julong Electric will be produced among Zhang Weizhong and Qin Siyao.Jiang Xiaozhou is his preferred chairman, and this will not change.The acquisition of Volkswagen Electric was completely over, and Zhang Weizhong also joined the camp of the times.However, the negotiations between Times Network and Da Mo are still not smooth, and the two sides still have big differences on key issues.Da Mo agreed to contribute $50 million, but insisted on holding a stake in the portal 25.They were originally asking for 30 shares, and now they have made some concessions.Times Network can only give 20 shares to the bite, and the two sides are deadlocked."

Brother Xiao, it seems that I won't be able to talk about it for a while, so I decided to return to North America first."

Liu Xiaoling called and said she was going to fly directly from the capital to San Francisco.She went back and wanted to try it to see if she could use the power of Chenfeng Capital to plan for SHD's listing on the NASDAQ."

That's fine!

Then I wish you all the best!

”Xiao Bai did not stop Liu Xiaoling, the courage to try is worthy of recognition, but success is not so important.Hurry for a few days.This morning, Xu Changqing came to Xiao Bai and discussed with him about the completion ceremony of the fourth production line."

Mr.

Xu, I will go with you to attend the completion ceremony."

The completion and operation of this line is a very important event for AUO.This 8-inch line is currently the most advanced IC production line in China, representing the highest technological achievement of AUO IC Manufacturing Company."

However, Mr.

Xiao, the company's operation has been somewhat affected by the Asian economic and financial crisis, and this year's efficiency is estimated to be no better."

Compared to digital ICs, analog ICs are not very cyclical, so they are not affected by much.But to say that there is no impact at all is not objective.Xu Changqing is giving Xiao Bai a vaccination."

If you can maintain it, it is a victory, and when the crisis is over, you can feel the meaning of production capacity."

Xiao Bai has a deep understanding of countercyclical investment, which is also the only magic weapon for international giants to deal with challengers.Despite the fact that Asia's economy seems to be in turmoil right now, the economic recovery is also coming faster than many people think.In particular, the negotiations on WTO accession have already seen the light of day, and after the country successfully joins the WTO, the economy of the hinterland will show a blowout trend.At that time, the demand for both digital and analog ICs was rapidly increasing."

Well, I remember what you said, persistence is victory!"

After Xu Changqing and Xiao Bai finished discussing things, they left Xiao Bai's office.Three days later, Xiao Bai and Xu Changqing flew to Beijing together to attend the completion ceremony of the company's fourth production line.This time, Xiao Bai didn't stay long in the capital, and it only took four days to go back and forth."

Dong Xiao, Dong An and Mr.

Qi have arrived, and they are waiting for you in the small conference room."

Returning to Shencheng, Xiao Bai and Xu Changqing discussed and decided to increase the production of RF chips.Therefore, the integration of the mobile phone business of Times Communication and Sihai Electronics is particularly important.Xiao Bai called Qi Yuefeng and An Ran and asked them to come to the headquarters building for a meeting."

yes, I see.Small, you send this piece down quickly. ”Xiao Bai signed the paper, then handed it to Qin, and then he got up and came to the small conference room."

You two, how are things going?"

Xiao Bai walked in, and Qi Yuefeng and An Ran greeted him separately.He nodded, and the first thing he said when he sat down was to ask about the establishment of a mobile phone company."

Dong Xiao, I have discussed it with Mr.

Qi, this is the general framework, you can take a look first."

An Ran hurriedly took out a document from the public bag and handed it to Xiao Bai.According to the information, Times Communications and Sihai Electronics will each invest 200 million yuan to form a joint venture to operate the mobile phone business.The shares account for half of the family, respectively 50.The company's daily operations were handed over to Enron, and Qi Yuefeng provided technical support."

The problem with your plan is not big, that is, the equity ratio should be adjusted slightly, and it will be better for one family to 51 and another to 49."

Xiao Bai wants to integrate the marketing strength of Sihai Electronics and the technical strength of Times Communication, and completely separate the mobile phone business from the two companies.But the shareholding structure should still be paid attention to, and half of a family is a bit inappropriate.Qi Yuefeng and An Ran began to argue again, and after arguing for a long time, it took a result that the shares of Times Communications accounted for 51 and Sihai Electronics was 49."

By the way, Dong Xiao, Mr.

Xue came to me a few days ago, and their Gaosheng Electronics also wants to make mobile phones, but they don't have a license so they want to hang our name."

Xiao Bai knew about this matter, and it was he who asked Xue Gang to find Qi Yuefeng."

You can promise them this, you can negotiate the specific cost yourself, and you don't need to ask for instructions.Ah Ran, the establishment of mobile phone companies should be stepped up and strive to complete the relevant procedures next month. ”Xiao Bai decided the matter on the spot, and it would not be good for anyone to drag it out any longer.However, the joint venture company is still temporarily under the name of Times Communications, after all, the license is someone else's, and the face still has to be passable."

Dong Xiao, I heard what Mr.

Xue meant, they want to cooperate with us in an all-round way, and it's not just as simple as renting a mobile phone license."

Qi Yuefeng's words made Xiao Bai frown, when he talked about this with Xue Gang during the Chinese New Year, he didn't talk about it."

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Let's put this matter aside for a while, and I'll contact them later."

Xiao Bai asked Qi Yuefeng to leave Gaosheng Electronics alone for the time being, if there is any problem, let the other party come to him, and the top priority is to get his own mobile phone business up quickly.After the meeting ended, Xiao Bai returned to the office."

Dong Xiao, Mr.

Xue from Gaosheng Electronics called before, saying that he and Mr.

Duan Yongchun Duan will come to visit you in half an hour."

As soon as he sat down, Qin came in and told Xiao Bai that Duan Yongchun and Xue Gang were coming to him."

Say Cao Cao, Cao Cao is here!

Small, you tell the administration department to clean up the reception room, and I'll go over there to meet them later. ”Xiao Bai smiled slightly, and said in his heart that this is right!

Looking at it like this, after the Spring Festival, Duan Yongchun must have said something to Xue Gang, otherwise Qi Yuefeng wouldn't have said that today.Half an hour later.Xiao Bai met Duan Yongchun and Xue Gang in the reception room."

Dong Xiao, I took the liberty to come here today because I wanted to discuss something with you.I heard that you are planning to set up a mobile phone business company on your own?

I don't know if we can participate in Gaosheng Electronics?

”Through Duan Yongchun's explanation, Xiao Bai understood the reason.Duan Yongchun originally wanted to rent a license to make mobile phones, but when he heard that Times Communications and Sihai Electronics were going to set up a joint venture to operate the mobile phone business, he moved his mind.After discussing with Xue Gang, the two felt that it was better to be tied to the times, so that the insurance coefficient would increase a lot.After Xiao Bai listened, the corners of his mouth couldn't help twitching twice.If what Duan Yongchun said becomes a reality, will the V\\O mobile phone that dominates the world appear in the future?"

Mr.

Duan, it is definitely not possible to participate in shares, I won't say the specific reasons, I think you can understand it."

Xiao Bai felt that Duan Yongchun was a little whimsical, so he let Gao Sheng Electronics participate, and when they had experience, would they fly solo?

Xiao Bai didn't want to do this kind of thing of making wedding dresses for others, even for Xue Gang's sake.Duan Yongchun glanced at Xue Gang, that means, look, I'm not wrong, right?

Xue Gang nodded with a smile and motioned for the other party to continue."

Xiao Dong, I have a creed, if you encounter an opponent who can't be defeated, then you must find a way to join the opponent.No matter how hard we try, Sihai Electronics is always an insurmountable mountain.And I am very optimistic about the mobile phone industry, what do you say I should do?

Why don't I hand over the controlling stake of Gaosheng Electronics to you?

”Duan Yongchun said unhurriedly, but Xiao Bai was taken aback by these words.