Chapter 708 Are you willing to take over?
Feng Xiaochen is busy arranging acquiring bankrupt enterprises in Japan, and in the small conference room of the Japan Chemical Equipment Association, a war of words is in full swing.
"Minejun, you must not sell your company to Chinese!"
"The Chinese are now our biggest competitors. If they get the patents controlled by Qiujian Club, it will pose a greater threat to us!"
"Minejun, everyone is old friends. Qiujian Club cannot continue to operate. You can't let us be unlucky too, right?"
A group of people surrounded Mine Ryuki, president of Qiujian Chemical Machinery Co., Ltd., some were generous and some played emotional cards. They all spoke in a row, and they bowed like kowtowers in an oil field, up and down, making people dizzy.
Mineronji sat in the middle with a dark face, watching his former colleagues persuade him coldly, and sneered in his heart.
As a large amount of working capital is trapped in the stock market and real estate, Qiumai has been on the decline since the previous year. Faced with competition from Chinese companies, Japanese chemical equipment companies are in an increasingly difficult situation in the international market. Some projects are directly robbed by Chinese people. Although some projects are eventually won by Japanese companies, their prices are often cut a lot in the middle, and the profits are so thin that they make people feel cold. In this case, Japanese chemical equipment companies also compete viciously with each other. The reason why Qiumai went bankrupt is not unrelated to the oppression of Iketani Production and Morishishi Teng Industrial Co., Ltd.
After confirming that the company could no longer support it, the shareholders of Qiujian Club made the decision to sell the company. Mineronji contacted Qian Guiwuzhi, the chairman of the Chemical Equipment Association, and asked him to ask him to ask for the price between his peers to see which company was willing to acquire Qiujian Club. As a result, most of the peers were indifferent to this. Only two inexpensive companies expressed their willingness to acquire part of Qiujian Club's high-quality assets, and the price offered was a little higher than buying scrap iron. Rather than buying a purchase, it was rather humiliating Mineronji.
So, Mineronji turned his attention overseas and tried to find overseas acquirers. He first asked around European and American countries, but was disappointed. The chemical equipment companies in European and American countries were already overcapacity and were not interested in acquiring a Japanese company that was already technologically outdated. Then, he asked some developing countries such as Brazil and South Africa to learn about it. The companies and governments in these countries also had no intention of acquiring Qiujian Company.
Finally, someone gave Mineronji a suggestion and asked him to ask the Chinese. Mineronji found Guo Peiyuan, a professional broker who had served him in the past. The news brought back by Guo Peiyuan made him half excited and half depressed. The excitement was that Guo Peiyuan claimed that buyers could be found in China, and Chinese companies were very interested in obtaining the technology owned by Qiujian Club. As for the depression, it was that the price he had previously quoted made Guo Peiyuan tactfully deny it. According to Guo Peiyuan, the offer price of China was at most 200 million yen. Even at this price, people had to examine the current situation of Qiujian Club before they could decide.
Mineronji revealed the news that Chinese companies were interested in acquiring Qiujian Company to Wuzhi Qiangui, and concealed the Chinese bid, claiming that the Chinese were willing to obtain Qiujian Company's technical patents and production equipment at all costs. Please consider all Japanese colleagues.
Mineronji has been immersed in the industry for many years, so of course he knows what kind of reaction this news will cause.
China's chemical equipment industry is the apprentice of the entire Western industry. Among many teachers, the contribution of Japanese companies is the highest. But after this apprentice grew up, it began to challenge the authority of teachers. The product lines of European and American companies are more high-end, and the Chinese dare not covet it for the time being. Japan has always been a high-end, middle-end and low-end player. The Chinese want to compete for the mid-to-low-end chemical equipment market occupied by the Japanese, and have been successful many times.
The Japanese can drive European and American companies away from the mid- and low-end markets by low-end markets by low production costs. The Chinese robbed the Japanese market by cheaper costs than the Japanese. Japan is already a developed country, and it is completely impossible to suppress labor costs and management costs to the level of Chinese companies. Japanese companies can only rely on their technical advantages to suppress Chinese companies and maintain their market share.
In the era, Japanese companies had a serious underestimation of the technical strength of Chinese companies. In order to obtain the Chinese market, they often agreed to the requirement of "technology to market" and transferred some technologies to China. After they found that China developed with these technologies, Japanese companies became much more cautious in transferring technology to China, especially some core technologies, which almost didn't change their wealth.
Qiujian Club is an old chemical equipment company with a large number of technical patents and many secret technical know-hows. If these technologies are put into the hands of Chinese companies, Chinese companies will be more wings and put greater pressure on Japanese companies in market competition. Qiujian Club is on the verge of bankruptcy, and international competition and other things have nothing to do with Mineroni and other shareholders. But Iketani Production, Morishima Teng Industrial and other companies still have to get along, how can they sit and watch Qiujian Club's technology fall into the hands of Chinese people?
If you don’t want my skills to fall into the hands of Chinese people, then you can offer a price.
This is Minerongji's idea. He wants Japanese companies and Chinese companies to bid for each other so that Akima Club can sell Akima Club at a good price. As for the incense relationship with other Japanese companies, then hehe, when will the Japanese care about incense relationship?
"Everyone, I don't want to sell the company to the Chinese. Qiujian Club has a brilliant past. I don't want it to fall into the hands of the Chinese." Mineronji spoke.
"But what we hear is that you are already in contact with the Chinese." Hirotsuki Kawabata, chairman of Morishishi Institute of Technology, retorted.
Mineroni nodded and said, "Kawabata is right. I am indeed in contact with the Chinese. We have already discussed the price issue in a relatively in-depth manner, and the other party has expressed a strong intention to acquire it."
"But, have you never thought that this would have any impact on Japan's chemical equipment industry?" asked Hirotsuki Kawabata.
Mineronji smiled grimly at everyone, saying, "But what can I do? If you are willing to take over Qiujian Club, even if the price is 2% lower than the Chinese people's offer, I will accept it."
"What is the offer for Chinese people?" Yuuchida, sales director of Iketani Products, asked in a deep voice.
"600 million yen." Mineronji said shamelessly. In fact, this price was the price he offered to Guo Peiyuan, and Guo Peiyuan's price was only 1/3 of this number.
"This is impossible!" Hirotsuki Kawabata jumped up first, "The current value of Akima Club is less than 100 million yen. Unless the Chinese are stunned, they will fail to pay 200 million yen."
"Who told you!" Mineronji's face sank, "Although there was something wrong with Qiujian's business, our fixed assets are still there, and our intangible assets. We asked the appraisal firm to do a valuation. The part of the intangible assets alone is worth more than 300 million yen, and the Chinese value these intangible assets very much."
"The intangible assets you mentioned also include those patents that belong to us in the shared patent pool, right?" Yuuchi Uchida asked.
"Of course. Iketani Company intends to withdraw its patent pool?" Mineronji asked back.
Modern industrial production can be said that every link involves the application of patents. If a company wants to produce a device, it may require dozens of companies to use patents. If each patent needs to be authorized through negotiation, then the company should not work. Just drafting authorization documents can drag the company to death. In order to reduce the transaction costs of patents, some companies will unite and each take out their own part of their patents to form a shared patent pool. Everyone can use the patents in the pool, just pay a unified patent usage fee, and there is no need to negotiate patents one by one.
There are several such patent pools between Qiujian Club and Iketani Production and Morimao Steel Engineering Institute and other chemical equipment companies. Qiujian Club can use this mechanism to use many patents in the hands of Iketani, Morimao and other companies. If Qiujian Club is acquired by a Chinese company, it means that the acquirer can also use the patents in this patent pool. Iketani and Morimao's technological advantages for Chinese companies will disappear.
"No, this is impossible!" Hirotsuki Kawabata roared, "If Akima Club is acquired by the Chinese, then we will kick Akima Club out of the patent alliance as soon as possible. We will never allow Chinese companies to use our patents."
Mineroni smiled: "Kun Kawabata, how do you plan to make up for the patent gap after Akima Company left?"
"This..." Hirotsuki Kawabata was speechless. The patent pool was a sharing mechanism. Akimatsu Company used the patents of Morishima Institute, and Morishima Institute also used the patents of Akimatsu Company. If Akimatsu Company was kicked out, then the patents belonging to Akimatsu Company were kicked out. What will Morishimatsu Company use to replace these patents?
The product design of Senmao Tel Technology Institute is a default to using the patents of Akimao Tel Technology Institute. If these patents are suddenly announced that they cannot be used, many of Senmao Tel Technology Institute's products will need to be redesigned, which also involves changes in molds, fixtures, production processes, etc., which is really not something that can be solved by just saying a tough word.
Chapter completed!