1982 Started from Hong Kong

Chapter 346 Return to Hong Kong
Money is earned quickly and spent quickly.

After treating people to meals and making friends in Japan for so long, Zhai Yuan finally had the opportunity to meet the CEO of Toshiba Group.

Shota Tanaka organized the event and chose the venue within the Toshiba Group.

Here, in addition to the head of the semiconductor subsidiary, Zhai Yuan also met two heavyweights.

Masakazu Saba, then chairman of Toshiba Group, and general manager Ichiro Sugi, were both familiar faces who frequently appeared on television news.

However, the two men no longer had the high-spirited smiles on their faces that they used to show in the news media. Sawa Masakazu and Shan Ichiro, two executives from the headquarters, were absent-minded throughout the whole process. They must have expected that they would soon be abandoned by the group as pawns. They only participated in the acquisition negotiations to serve as a background board to make Mr. Zhai, the investor from Hong Kong, feel valued.

Generally speaking, in this type of cross-border acquisition business, out of respect and information confidentiality, both parties will most likely choose a third country when they meet, and then chat about a bunch of plans, agendas and strategies, involving a bunch of asset restructuring, and financial and taxation issues.

However, Zhai Yuan had already spent too much energy on getting to know Shota Tanaka, and was too lazy to deal with other Toshiba executives.

A quick decision, and I'm rushing home for the New Year~
Besides, who knows how many of the managers or directors I met today will be able to escape safely once the sanctions are officially implemented? With this in mind, there is even less thought of winning them over and making friends with them.

Overall, this negotiation seemed more like a formality. The specific agreement price and how low it could be lowered had already been discussed with Shota Tanaka in advance.

As for how the Japanese divide it, that is their business.

In short, Zhai Yuan now just wants to pay the money, take the goods and leave, just like buying vegetables in the market.

It’s just that the price of this dish is a little bit expensive.

Three semiconductor production lines, packing a technical team for the next three years, and assisting with imported materials and machine iteration maintenance, etc.

At least it can ensure stable operation for several years.

Then they paid the other party 6700 million for each production line, for a total price of just over million.

US dollars.

This is equivalent to one-tenth of the annual turnover of the entire Toshiba Group in the European and American markets at that time.

Exit the Toshiba Building.

Zhai Yuan's face was full of pain, and he patted Tao Zongyi's shoulder and said, "Leave professional matters to professionals. Let Lao Shen work with the M&A team of Goldman Sachs and McKinsey to discuss the terms and conditions. I will get the asset certificate in Hong Kong as soon as possible, and we will hand over the money and the goods after the contract is signed."

There are too many and too detailed provisions.

After Zhai Yuan put forward his request, he directly asked the two most famous international law firms to form an M&A team to contact the other party, and his own legal department would make the final decision.

The next step is to use public opinion to create a golden image in advance.

The contract has not been signed yet, but we will continue to spend money to buy news pages in major newspapers in the three regions.

"Toshiba was in trouble due to smuggling issues, and Hong Kong Qvod Technology Co., Ltd. lent a hand to help the company break through the difficulties." - "Asahi Shimbun"

This is content for the Dongyang side to see, and by the way, here’s a photo of Boss Zhai and the Dongyang guy shaking hands in a friendly and cordial manner.

'Mr. Zhai Yuan, a well-known Chinese businessman in Hong Kong, took over Toshiba's semiconductor business. Friendly cooperation jointly promoted the development of the industry and stepped onto the global technology stage. '——"People's Daily"

This news was published in the mainland, but it was still intended for the Japanese to see.

The Japanese talk about the spirit of contract, but it is not really trustworthy.

Take advantage of the stage of friendly diplomatic relations to pull the tiger skin of the grandfather, so that even if the Japanese are doing small things behind the scenes, they will have to consider the impact.

'Seppuku suicide is not enough to apologize for the Toshiba incident! A mysterious East Asian hot money giant acquired Toshiba's semiconductor business, insisted on operating independently without the Toshiba brand, and made it clear that future development would not follow the path of self-developed semiconductor business...' - The Wall Street Journal

The last piece of news was published in America and it also contained the most elements.

At this time, the news has already come out from the US Congress, and members of the US Congress have submitted bills and made suggestions on how to sanction Toshiba:
Including but not limited to, fining Toshiba Group $150 billion, imposing a 100% tariff on all goods imported from Toshiba, stopping importing any goods from Toshiba for 5 years, closing all Toshiba factories in the United States, and providing free after-sales service for all goods sold in the past, etc.

If this were to be implemented, Toshiba would immediately collapse.

Was the cause of death really due to smuggling to the Soviet Union? Of course not~
So this last piece of news, on the one hand, is to show America that it has drawn a clear line with Toshiba to avoid being affected, but the most important thing is to show the white foreigners that it will not engage in independent research and development.

"For now, we can only wait for the hydropower in the mainland to develop, and then we can quietly build a branch factory..."

Zhai Yuan pondered in his heart.

In the 1980s, water and power outages were common in mainland China.

As far as I can remember, until around the millennium, when electricity consumption was high during festivals and holidays, many places would still experience sudden power outages.

Water outages were common, and schools taught students to save water since elementary school. It was not until the start of a series of projects to divert water from the South to the North that the problem of unbalanced water resources was gradually solved.

The semiconductors of the hydroelectric monster consume at least hundreds of thousands of kilowatts of electricity and millions of tons of clean cooling water every year.

At present, except for the East Asia, other places in East Asia are really not getting developed.

…………

Three news items from three regions were everywhere.

Although not as much as the cost of Toshiba's public apology.

He also spent millions of dollars. "This is probably the poorest time for me."

Zhai Yuan sighed: "There is less than 100 million US dollars left in the card."

In the hotel room.

Zhai Yuan, the Forbes richest man, feels that he will fall off the list this year and is filled with anxiety.

Tao Zongyi laughed dryly.

I spent a long time thinking of how to comfort Boss Zhai.

So I simply ignored the conversation and asked, "Now that we have a production line, and Qvod's VCD has also established cooperation with Toshiba Home Appliances, do you need me to stay in Toyo?"

Zhai Yuan rubbed his face and said, "Let's talk about it after the New Year. Go back and see your wife and children first."

"Okay." Tao Zongyi nodded and asked, "The Academy of Sciences learned that Qvod had acquired Toshiba's production line and wanted to arrange for a few colleagues to come and visit and learn. What do you think?"

"Don't keep calling me that." Zhai Yuan was not very interested in this kind of address. He smiled and said, "That's great. Let's get more technical experts to help. Then we can see if there are any students willing to come for internships and directly assign them jobs in the future."

Tao Zongyi said yes, knowing in his heart that the word "help" was just a polite gesture. The main thing was to get a three-year contract with Toshiba's technical team. Taking advantage of this time to learn from them was the right thing to do, especially to let students come for internships. Working in the semiconductor industry is only as good as sweeping the floor, and it is definitely an eye-opening opportunity for students.

"There is one more thing. Qvod's VCDs and optical discs are expanding their market in Japan. Find some time after the New Year for you and Guan Weiming to go to America again."

Zhai Yuan pondered, "Let's see how to negotiate with Walt Disney and other companies. Oh, and including Philips, we can let them do one-stop production and sales, and we can continue to collect the share and patent fees."

Tao Zongyi nodded again.

Despite the pressure from North American capitalists, Qvod has dragged on until now when it has the ability to develop second-generation products, and is finally willing to give up the production and sales of the first-generation VCDs and optical discs.

The home appliance market and consumption capacity in Europe and the United States have expanded several times compared to Japan. Although QVOD cannot dominate the market, it can still make a lot of money from commissions and patent fees.

Little by little, it will add up to a lot, and soon the loss that Boss Zhai has incurred during this period will be made up.

…………

The day before New Year’s Day.

Zhai Yuan and his group boarded the flight back to Hong Kong.

When we came, there was only the crew of "Lost in Translation", but when we left, there were a lot more people.

In addition to Chen Shilong and his team from Hiroshima Monster, there are also Anthony Hopkins, the designated lecturer of the film class, Zhai Yuanxin's adopted daughter Sakai Noriko, Michiko's new girlfriend Aoyama Chikako...

Wang Jin and Lan Naicai have families, so they also went back to Hong Kong to visit their wives and children.

Brother Chao and Liu Wei Qiang continue to stay at ToKyo Hot to work overtime, and will not return to Hong Kong until before the Spring Festival.

"I feel like I forgot something..."

A group of people entered the waiting room in a mighty stream.

Zhai Yuan scratched the back of his head, vaguely feeling that there seemed to be something that was not yet settled.

But I can't remember it.

Xu Qi reminded: "Mr. Zhai, it's time to board the plane."

"Oh, let's go."

Zhai Yuan responded without thinking any more, and walked inside with his adopted daughter, smiling and lowering his head, "Fa Zi, your father is well fed and well housed in prison, so don't worry. I will take you to Hong Kong first, and you can come back to visit him when you miss him later."

Michiko Nishiwaki, who was standing behind him, let out a sigh of relief when she heard these words.

Visiting? Sweeping the grave is more like it.

Mr. Zhai wants to make Fa famous, and her drug addict father is like a time bomb no matter how you look at it.

So the day after Sakai Sangenjo went to prison, the Western Association had already arranged for someone to live in the same warehouse with him, and it wouldn't be long before an unexpected incident happened...

Finally got on the plane to Hong Kong.

We flew through the clouds without talking.

We have arrived in Hong Kong.

When he landed and walked out of the airport, Zhai Yuan was still wondering what he had forgotten.

The answer came quickly.

Before I could say hello to Shi Nansheng and others who came to pick me up at the airport, the phone rang.

Zhai Yuan pressed the answer button: "Who is calling me?"

On the other side of the receiver came Peng Jiayan's fierce voice: "Hello! I'm in Japan, why can't I get through to you on the phone? Well, let's not talk too much for now. You and Michelle Pfeiffer come to Tokyo Airport to pick me up, and we'll go to the food factory here together tomorrow..."

(End of this chapter)