Chapter 203 The Battle for Acquisition

"Mr. Hu, the patient needs to review the coronary angiography within six months after the operation, and regular review in the future. Again, good living habits, moderate exercise and avoiding overexertion are the foundation of the body. Well, actually

The patient just needs a cardiac stent, so you really don’t have to invite us from all the way. The price/performance ratio is too low..."

The medical team stayed for one more day, and Huang Xinpei's indicators were all normal. Of course, there will be a recovery period, but it won't be too long.

The day before leaving, Hu Yang invited the three members of the medical team to go skiing and horse riding in Shuixigou. In the evening, he hosted a banquet for them at the racecourse. Unexpectedly, Zhuang Yifan, who had always been serious, suddenly made a joke.

"Haha, Director Zhuang, we had no idea before you came here. We really didn't know whether we needed a heart bypass surgery. Besides, whether we need to install a stent or not, we have to listen to the opinions of experts. There is a lot of knowledge involved.

It’s too big.”

In the future, people's living standards will improve, and the number of people suffering from affluence will increase. But there is a problem. Not all similar patients need to install heart stents.

If the condition is not too serious, it can recover naturally after medical treatment. If the condition is more serious, heart bypass surgery may be required. In only a small number of cases, a stent will be installed.

There is a question of evaluation criteria. Should it be based on the patient's wishes? Or should it be based on the hospital's wishes? Or should it be based on objective standards?

Therefore, Hu Yang did not think that it was unnecessary for him to invite Dr. Zhuang and his party, but that it was very necessary.

Zhuang Yifan couldn't help but smile. He was well aware of the over-exaggeration of the effects of certain medical devices, but he just couldn't talk about it openly.

After seeing off Zhuang Yifan and his party, Hu Yang paid a visit to Huang Xinpei. He didn't say anything else. He just told Huang Xinpei to take a good rest and that he would leave for Fengtian immediately.

During this period, Hu Yang also took the time to treat Li Kaiwei to a meal. During the dinner, Li Kaiwei did not talk about cooperation. This matter still needs an opportunity, so it is better to wait until we meet in Xiangjiang later.

Winter has arrived, and Populus euphratica has come to Fengtian for the second time.

"Hello, Mr. Hu, we meet again."

The person who greeted Hu Yang and the others at the airport was Wang Tianming, and the vehicle was provided by Xite Electrical Research Institute.

At this time, Wang Tianming no longer looked as unlucky as before. He looked refreshed and well-dressed, but the smell of a technical nerd on his body remained unchanged.

"Wang Gong, I haven't seen you for two or three years in a blink of an eye, right? Is everyone in the family okay?"

"Everything is fine, everything is fine. Xia Xue often talks about you, saying that our family is all thanks to you. It's cold outside, let's get in the car first."

Wang Tianming turned around and led the way, and the car stopped not far ahead.

"Mr. Hu, you and Mr. Wang get in the car together. Let Li Jie sit in the passenger seat and I'll take a taxi behind and follow."

The institute only sent one car, and Han Wen didn't want Hu Yang to feel too crowded. After putting down his luggage, he took another taxi.

Hu Yang thought it was okay to be crowded, but he couldn't handle Korean in this regard, so he had to let him go.

After rejecting Wang Tianming's invitation to have dinner at home, Hu Yang and the others checked into the hotel directly.

In the afternoon, he needed to carefully read the minutes of Huang Xinpei's previous negotiations with the other party, and meet with the person responsible for specific matters at Xite Electrician.

The current situation is that Siemens's asking price is not low. Hans, the other party's negotiator, has always promised that after the acquisition is completed, ultra-high voltage DC power transmission and transformation technology will be introduced into the new company, thereby building Fengtian Transformer Factory into a world-class transmission and transformation company.

Transformer equipment manufacturer.

Fengtian was a little tempted. The price offered by the other party to pay 237 million yuan in cash was not bad, but other aspects were not satisfactory.

Around 1990, Fengtian Transformer Factory introduced a number of foreign technologies, including the design and manufacturing technology of Siemens' 500 kV converter step-up transformer and plus and minus 500 kV DC converter transformer. The introduction cost at that time was US$4 million.

.

Of course, various technologies have been digested and absorbed by Fengtian Transformer Plant. However, Hans believes that this cost should not be classified as intangible assets.

This part of intangible assets (technology, patents) is reflected on the books at 49.18 million yuan.

And more importantly, Siemens is only willing to acquire the core assets of Fengtian Transformer Factory and ignores other historical baggage.

If not, it is estimated that Siemens has already reached an agreement with Fengtian Transformer Plant.

The price previously given by Huang Xinpei was slightly higher than Siemens' bid, and he recognized the intangible assets part, but there was still some gap with Fengtian's expectations.

Generally speaking, Fengtian is more inclined to Siemens’ acquisition plan.

"Hey, this Mr. Huang is so smart that he can be confused for a while. That's not how this account is calculated."

Hu Yang secretly sighed. The situation at Fengtian Transformer Factory was completely different from that of Hengzhou Transformer Factory.

The technology of Hengzheng transformer is relatively backward, while Fengtian Transformer Factory has successively introduced technology from Alstom and Siemens. In terms of technical strength alone, it is worthy of its status as the leader in the domestic power transmission and transformation industry.

But Hu Yang can also understand Huang Xinpei. After all, Xite Electric is a listed company, and its every move attracts much attention. If it acquires good assets, it's okay, but if it packages and acquires bad assets, the stock price will fall to the floor?

Also, every step of the acquisition activities of listed companies must be announced, making it difficult to hide them.

This is also the key to Hans's advantage.

In that time and space, TBEA clearly successfully acquired Fengtian Transformer Factory. Why is there such a big deviation now?

Populus euphratica was so overwhelmed thinking about it that it took him a long time to sort out his thoughts.

Among them, the most important issue is the timeline. Due to his own intervention, Seat Electric has developed faster than in memory. For example, Seat Electric's listing was several years ahead of schedule. In addition, the acquisition of Fengtian Transformer Factory was also several years ahead of schedule.

.

If I remember correctly, before Xite Electric successfully acquired Fengtian Transformer Factory, Fengtian Transformer Factory was acquired by TEPCO once.

That time, Siemens, TEPCO and a private enterprise from Jiangsu and Zhejiang competed together, and TEPCO finally won.

But just two years later, TEPCO, which was listed on the Hong Kong Stock Exchange, was almost delisted due to huge losses, so it kicked out Fengtian Transformer Factory.

Later, about 2000, TBEA defeated Siemens and officially acquired Fengtian Transformer Factory.

"Sure enough, there is still a butterfly effect. Due to my intervention, the development trajectory of Seat Electric has deviated. It is meaningless to continue waiting now. Who knows what the future will look like?"

Hu Yang does not have the ability to change the trajectory of history, but at least he affects the development of a company.

“Mr.

Hu Yang is not fighting alone now, he has a strong team. The project department and risk assessment department not only have experts in investment and risk control, but also have talents who are good at mergers and reorganizations between enterprises.

The merger and acquisition involving a large-scale key enterprise cannot be handled by him alone.

The next day.

Hu Yang rented a small conference room in the hotel and held a discussion in the afternoon.

Mu Shaoqing and his two subordinates already knew the information about the acquisition of Fengtian Transformer Factory by heart.

As for Xia Bing, it was because she came from Fengtian Transformer Plant after all, and she needed to contact and collect information from them for some matters.

"Mr. Hu, I suggest that the entire acquisition be broken down into two steps. The first step is to establish a new company and acquire the effective assets of Fengtian Transformer Factory. The second step is to increase capital and expand shares, and introduce Xite Electric to become a new company.

shareholders, completed the comprehensive acquisition of Fengtian Transformer Factory."

Due to the relatively short time, Mu Shaoqing only had the prototype of the plan in his mind, and it would take several days to come up with the specific plan.

Hu Yang only felt his eyes light up. Mu Shaoqing's plan seemed familiar. It had the shadow of the original time and space, Xite Electric's final acquisition plan.

"Hehe, you really found a treasure by recruiting Mu Shaoqing into the company."

Hu Yang secretly laughed. He hired Mu Shaoqing with an annual salary of 100,000 yuan. It was really not a loss.

"What about the debt? What about the placement of personnel? These all need to be considered. It is impossible for Fengtian to let you take away the core assets and leave a mess. In this case, Mr. Mu, please discuss it with your people first and come up with it as soon as possible.

Here is a plan. Mr. Xia, tomorrow you accompany me to visit various banks and see if there is any precedent for exempting part of overdue loans."

The reason why Fengtian Transformer Factory has fallen into this situation is partly due to its operation and management, but also because it is burdened with heavy debts and is unable to turn around just by relying on the enterprise itself.

The contact with the bank was just a test. SITE Electrician was not Siemens, so he could not completely ignore the historical baggage of Fengtian Transformer Factory and the placement of personnel.

If Huang Xinpei's thinking is followed, Xite Electrician will not have any advantage, and the end result will naturally be that it will be rubbed underground by Siemens.

Two days later, Hu Yang left for Yangcheng, while Xia Bing, Mu Shaoqing and others stayed in Fengtian.

Now, the plan to acquire Fengtian Transformer Plant is becoming increasingly mature, and the specific implementation can be completed by Mu Shaoqing and Xia Bing.

As the helmsman of the company, Hu Yang naturally returned to the headquarters.

However, Hu Yang still has to discuss this acquisition plan with Huang Xinpei, so there is no rush until he recovers.

"Awen, please ask Xiaowu, how is the Three Monkeys looking for a shop?"

In the two days since he returned to Yangcheng, Hu Yang has spent most of his time in the company. There is no way, the two giants of the company are in Fengtian, so as the boss, he can only go into battle personally.
Chapter completed!