Return to the exciting era of 1999

Chapter 1899 Accumulation
After searching the list, Kan Changshun finally set his sights on a nationally renowned reducer factory.

Keyb invested a lot of money in the other party and holds 60% of the shares.

The industrial equipment manufacturing industry has been in a downturn in the past two years, and reducers are simply not selling well. The other party's life is also difficult, and the dividends in the past two years have been negative.

Kan Changshun had long thought about selling the other party, but there had never been a suitable opportunity.

In addition, Ji Donglai has not found a good profit point for the reducer factory that he took back from Zhai Xiran. According to inside information, Ji Donglai has been hoarding goods continuously, and everyone is relying on their old savings and cannot sell them at all.

Apart from the synthetic paper equipment in Central Asia, Kan Changshun could not see any application of Ji Donglai's reducers.

According to the engineers' estimates, it would take five years for Ji Donglai to digest his current inventory, even at the peak of the domestic economy.

As it turned out, Kan Changshun had thought too simply.

Under the repurchase terms, the operator of the speed reducer factory has the first right to purchase shares.

The person in charge of Keyb called the other party, who was grinning with worry and confusion in his eyes.

"Boss, this is not right. We have a shareholding agreement. When our company is in trouble, you need to help us stabilize the situation. Otherwise, we will not accept your investment. Now that we are in trouble, you suddenly withdraw your investment. This is inhumane."

"Besides, we don't have the money to buy back shares now. You have to understand us, right? A few years ago, we were going to buy back shares, but you disagreed. At this time, where can I get the money?"

The other party is also a good entrepreneur in the local area. In less than ten years, he has made the reducer into the largest private enterprise.

When starting the business, the other party also relied on the external force of keyb.

Some relationships that are not suitable to handle can be handled by keyb, and some industries are also acquired by keyb.

Looking across the country, we now have each other's sales outlets and warehouses everywhere.

The business is getting bigger and bigger. If everything goes as usual, the other party's performance will increase by half in a few years. Now? The funds are all on the business, where is the money?

"Manager Wang, I think you didn't read the terms of our contract carefully. If we want to sell our shares, you have the first right to buy them back. If you don't complete the buyback within the time limit we set, then we can only sell them to a third party."

"There are so many reducer manufacturers in the country. We can sell our shares to them at any time. I'll give you twelve hours to think about it. If you agree, we'll give you priority in redemption. If not, we'll sell it to a third party."

After hanging up the phone in a domineering manner, Manager Zhu called the subordinate bank directly and asked KeyB to issue a letter of guarantee. A few hours later, the mortgaged reducer company shares were unfrozen.

Then all his subordinates went out and started looking for investors in the market to take over the reducer manufacturer.

Keyb's clients are spread all over the country, and word quickly spread within the industry.

"Sell the shares of the reducer factory, show me!"

Ji Donglai was having dinner when he received a call from Xin Li. He immediately took the computer and looked through the documents carefully.

"Boss Ji, the manager of this company is a tough guy. He was able to build a reducer factory to this size in just a few years. He is different from Zhai Xiran. This person knows which companies to invest his efforts in and can also find new profit explosion points."

"From traditional reducers to servo motors to the world's most advanced reducers, the other party makes them all. It's just that this person is similar to you, he likes technology and doesn't like socializing. Otherwise, it would be easy to find money in the entire Zhejiang business circle, but he doesn't like it."

"In the past few years, Keyb has made a lot of profits from reducers. The other party's finance department was sent by Keyb, so the boss of this company has no room for resistance." When talking about the background of this company, Xin Li knew it like the back of her hand.

During this period, Xin Li continued to study the companies under KeyB, waiting for Ji Dong to take over completely.

"Contact us, the price is set at 60 million, and the final price is 80 million."

After looking through the other party's layout and various processing plants, Ji Donglai finally made up his mind to make the decision.

"Boss Ji, we have a reducer..."

"Just do it! Mr. Gao and his team are only good at technology, not management. After the acquisition, integrate the two companies. Since it's your own child, you have to treat it seriously. Find a good wife and you'll be able to generate revenue on your own."

Thinking about the current situation of reducers and what will happen one year later, Ji Donglai knew he had to make a decision.

Xin Li knew that Ji Donglai's decision could not be changed, so she picked up another phone and made a call. Ten minutes later, the offer from Yishi Investment was sent to KeyB.

"How can it be so low? Ours is the number one reducer factory among private enterprises. Are you crazy?"

Looking at these so-called quotations in front of him, Manager Zhu was overwhelmed.

Looking at the contact number of Yishi Investment, there is a pop-up window, and the other party is in a dilemma.

"Manager Zhu, the times are different now. You have to know that the economy is in a downturn. During a downturn, all funds will flee the real economy and enter the financial sector."

"You don't need us to teach you these things. No one will buy them at this price. Think about it carefully."

Gao Gaohe was very calm. The other party was an expert in reducers. Just by looking at the other party's layout, you can know how many reducers the other party has produced. However, Gao Gaohe was weak in industrial marketing. Now that Zhai Xiran was gone, Gao Gaohe had come to terms with it and decided to quit.

Ji Donglai acquired this reducer company with the intention of integrating it, so the other party was not in a hurry.

"That price doesn't exist. It's the price of scrap metal..."

"I also have a reducer over there. I'll sell it to you at this price. Just buy it! Our boss asked me to tell you something. This reducer factory is not worth a dime to our boss. The reason we acquired the reducer factory is for that manager and to integrate our original factory. You can take your time. We are not in a hurry."

Manager Zhu was about to say something, but was interrupted.

Then he wrote the final offer of 75 million on it, turned around and left, leaving Manager Zhu disheveled in the wind.

Sixty percent of the shares, the largest private enterprise, who could have imagined?
But now is the market price, no one can change it!

In the past, this company was mainly engaged in export trade. Now? Exports have almost stopped. The third world focuses on low prices, while this company focuses on mid-to-high-end reducers.

The other party had no choice but to dig deeper into the domestic market and is now competing fiercely with traditional domestic reducer manufacturers.

It's been 2019, what secrets are there in the industry? The information barriers of the past have long disappeared, so this time when the other party sold the reducer, not many people offered a high price.

(End of this chapter)