Reaching for the stars with one hand

Chapter 178 The Hertz Controversy 8

Chapter 178 The Hertz Controversy 8
Zhong Haijun didn't believe what he heard, especially from Pang De's mouth.

"It doesn't make sense. Old Pang, why are you helping me?"

"East's current shareholder structure and corporate structure are very complicated. We haven't sorted it out ourselves, and we can't make any acquisitions at all. Otherwise, the future ownership and structure will still be a big problem. So we can only turn to support Shangda."

"The fact that Dongfang cannot be acquired is not a reason to support us. President Pang, with all due respect, Dongfang and Shangda are not friends in the past, present, or future. There is no reason for you to help us, and I cannot see the benefits of Dongfang from it. "

Pang De said: "Sun and Liu are not friends, but they can fight Cao together. In fact, if the two are not stupid, I am afraid that the ending of the Three Kingdoms will be revised."

"Sun and Liu have a common enemy, so who is our Cao Wei? Although Lao Zhao is capable, but with Huatai's strength, it seems that it is not worth the joint efforts of the two of us."

Pound shook his head, "Old Zhao is a talent. In the end, if Huatai surpasses you and me one day, it will be normal. But this is our regular competition, and it is not worth joining forces between the two of us. What we are going to fight now is coming to the family. The savages at the gate are also a group of strangers who don't belong here at all."

Zhong Haijun understood, "Zhongxun? It's not worth your attention, Mr. Pang. It's just a company that sells differential signals. It doesn't have its own hardware. In the end, it doesn't serve us. It seems that nothing affects us. And it sells signals. We can do the same business, just build a website, who wouldn’t.”

Pound sighed in his heart. He saw many things that Zhong Haijun couldn't see, "You can get hundreds of millions of investment, you think they are just selling signals. And this is just the beginning, just like all Internet For business, what they do is just traffic and platforms. When they become popular and users get used to their services. I’m afraid they will intervene in all projects in our industry. It will not be them serving us, but Everything we have worked so hard to do is for them."

Zhong Haijun didn't take it seriously, "Are you being too careful? I don't see that Zhongxun has such a great ability. Let's not discuss this for now. What does this have to do with your support for our acquisition of Hertz?"

"You said just now that a company that sells signals does not have its own hardware. This is not unreasonable. The reason why I support your acquisition of Hertz is that I don't want Hertz to become Zhongxun's hardware one day."

Zhong Haijun was far less thorough than Pound thought, "Does Zhongxun want to acquire Hertz? I don't see them in my news. What does Zhongxun want hardware for? Also, Hertz's things, do Yami difference and applications? Yes, but they can’t do high-precision equipment. Our intention to acquire mainly comes from reasons other than technology that we talked about before. But Mr. Pang, you value this matter so much, I think we need to seriously reconsider everything. … ..."

"However, Mr. Pang, how can you be sure that if Shangda intends to acquire Hertz, he will definitely need your help?"

"I'm not sure. I just want to tell you that we can provide assistance when needed. What if you fail to apply for a private placement of shares? What if the shareholders' meeting fails? What if the cycle is too long to catch up with the acquisition? And the US side Transaction processing, stuff like that, we can help."

"Mr. Pang, if Hertz is really as important as you say. We hold it in your hands, don't you care about the competition between Shangda and Dongfang?"

"Believe me, between you and me, it's just a competition between one city and one place. Today you take a piece from me, and tomorrow I take a piece from you. You can't kill people with fists and kicks. Zhongxun is a cross-industry industry." The overall impact on an industry is to win jobs. Not only you, Lao Zhong, but in order to fight against them, I can also invite Lao Zhao to cooperate."

……

……

The communication between Pound and Zhong Haijun actually had another meaning. Although Zhong Haijun caught the opportunity of Hertz by mistake, he obviously underestimated the far-reaching impact of Hertz's acquisition on the market.He needs to strengthen Zhong Haijun's confidence, and then use his overseas fund reserves to help Shang Da fight against the crowd.

Zhong Haijun didn't even think about the relationship between Hertz and Zhongxun Future. If he didn't push behind the scenes, facing Zhonghe's bidding, Zhong Haijun's final choice would definitely be to withdraw.But now, maybe Zhong Haijun would be willing to compete with Gao Ping.As for Dongfang's support, it seems to be sincere. In fact, Dongfang didn't have much loss. It was just a loan, and it would have to be repaid sooner or later.

His only condition to Zhong Haijun is that if one day, Shangda develops a dual-frequency Beidou board, he will not have in-depth cooperation with Zhongxun.

Of course he knows that there is also Big Dipper who intends to acquire Hertz, but he doesn't care, as long as it is not Zhonghe.

After the meeting with Zhong Haijun ended, Pang De still didn't feel any sense of satisfaction in his heart. Thinking of Zhongxun's strength, there was always a shadow in his heart that lingered.

……

……

After the exhibition, Zhong Haijun, who returned to the company, quickly held a high-level closed-door meeting.Along the way, Zhong Haijun thought about his conversation with Pound. He may not be as foresighted as Pound, but his deep thinking about things will not lose to anyone.Combined with some recent developments, he quickly understood the current situation and Pound's worries.

"Everyone, we had a preliminary discussion about the intention to acquire Hertz. But our opinions were not unified, about half for and half against. Chen Feng and I both voted for it. I am very happy to see different opinions. Today, what I need is not to make a final decision, but to discuss with you only one thing, what is the value of Hertz? Including the improvement of Shangda after our acquisition."

For Zhong Haijun's sudden formal discussion of this matter with everyone, many executives were not prepared enough, and the meeting room was a bit cold for a while.

Unsurprisingly, it was Chen Feng who broke the silence again.

"Horton Business gave us a report on Hertz's business value. From the perspective of revenue, this number is meaningless to us, so we don't need to think too much about it. So what we need now is an evaluation of its technology. As well as the evaluation of our own team and development capabilities. So, Mr. Bao, your opinion is very important." Chen Feng said, looking at an executive with glasses.

Bao Hongbo, the vice president of R&D, frowned in embarrassment, "The opinion this time will not be much different from the last time. I have a detailed test and evaluation report of the Hertz board in my hand. I passed the test from my mentor when I was in graduate school. The whole report is objective and detailed, and our own evaluation will not be better than theirs. However, there is only an evaluation of existing products, and no secondary development in the future Any conclusions. I understand that based on the current products and public information, we cannot make an accurate assessment of the high-precision potential of Hertz products.  …”

"From my personal point of view, based on such a board, adding L2 signals and Beidou's B1-B3 signals, we can definitely do it. But to make a mature and stable product, I can't be sure about the specific Development time, maybe three years, maybe five years..."

"The technical department has always come to this conclusion, and I can't provide other opinions. This matter may still be on the side of Mr. Jiang. Let's analyze it from the perspective of investment and mergers and acquisitions."

Everyone turned their eyes to Mr. Jiang again. "After this kind of acquisition, it will take many years to gradually see the benefits of the case. We cannot evaluate it independently, and we still need to discuss it together..."

"That's enough," Zhong Haijun stopped the discussion that had hardly changed from before. "Xiao Jiang, give me an assessment of the specific commercial value of Hertz's high-precision department, including every price that you have talked about when communicating with Holden last time. Do your best to give me as accurate a determination as possible. If we Acquisition, how much it may cost."

"Okay, Mr. Zhong. Three days, is that all right?"

"Okay," Zhong Haijun nodded, "One more thing, "I need a survey. If Zhonghe wants to acquire Hertz overseas, what is the upper limit of cash they can mobilize now?" "

Mr. Jiang was a little embarrassed, "We may need the help of some business consulting companies for this. We need some time, and we need to pay a lot of money, and the results may not be accurate."

"I've approved this payment, the number should be as accurate as possible. I'm sorry to call everyone for an urgent meeting. I'll stop here today. Let's end the meeting."

Zhong Haijun returned to his office, the rest of the people were a little confused, is this over?What is the significance of this meeting?
Chen Feng entered Zhong Haijun's office, "Everyone is a bit puzzled. Basically, the meeting has no conclusions. It ended too hastily, and almost no words were spoken."

"That's enough. Because no matter how much discussion there is, there will be no conclusion. Let's just make this conclusion. As long as we both agree, the board of directors will definitely pass a resolution. Since Zhonghe wants it, we will grab it back and let him affirm it." I can’t get it. It’s better not to make it too complicated for such a simple thing.”

……

A few days later, two reports were placed on Zhong Haijun's desk on time.Zhong Haijun picked up the report, found the conclusion part from the catalog, and opened it directly.

Later, he called Pound.

"... This is our conclusion. If Mr. Pang thinks it is not accurate enough, I sincerely welcome you to provide more accurate information. Based on the current analysis, if our bid is at the A level, Zhonghe will not be able to compete with us. For this bid, I need Dongfang to help me provide one-third of the overseas funds, I don’t know if there is a problem with Mr. Pang.”

"No problem, I can give you another one million dollars, as long as you can beat Zhonghe in the acquisition."

Zhong Haijun sneered and said, "In the end, it's not all about the price. I know that Gao Ping's layout was very early and he was very smart. He got Hertz's exclusive agency agreement, not only for one department, but for more than one product. How, as long as our price is high enough. The Americans will of course choose the party with the highest bid.”

Pound was very satisfied, "That's right, I will keep the funds for you, and you can add more if necessary. Zhonghe wants to acquire from overseas, and does not give domestic companies the time and opportunity to issue additional funds. Then we will prepare funds and keep them in the dark. Ambush him. As long as he bids, we will outbid him, forcing him to go nowhere."

At least in the past 20 years, Pound and Zhong Haijun have never achieved such an agreement like today.This is almost one of the few situations where the two can laugh together.

……

……

Gao Ping returned to Beijing. He stayed in the United States for almost half a year. Because of visa issues, he returned to China for the first time.

On the plane to China, he reviewed each of his layouts in detail.Everything is seamless, I am afraid that before these domestic companies have reacted, he will be able to complete the acquisition of Hertz.

He is very confident and very satisfied with what he does.

It's just that he doesn't know that he has been quietly watched by Shang Da and Dongfang.Together, the two families are quietly preparing funds, preparing to show their fangs at the last card on the card.

Hezhong must not succeed in the acquisition, and in the end all the layouts will be eternal pain for Gao Ping.This is the common wish of Pang De and Zhong Haijun.

……

At the same time, Big Dipper's acquisition plan encountered great obstacles, and the board of directors debated extremely fiercely.

"Mr. Fan, we have no problem acquiring a suitable company through private placement. But this company is too repetitive with our previous layout. It will take a few years for shareholders to see the benefits, but Dr. Chen Xiaoming's When the product comes out, aren’t we looking for trouble with ourselves? This acquisition may affect the confidence of shareholders in Big Dipper’s investment in Dr. Chen Xiaoming, and even doubt Dr. Chen’s ability and the relationship between us..."

"What's more, we have already used the dividends of acquiring high-precision board layouts when we invested in Dr. Chen. It is meaningless to acquire again now. Not only will it not bring good news, but it may also destroy the previous enthusiasm. So , Mr. Fan and everyone else should carefully consider this matter."

"What if we do overseas acquisitions?" Someone asked?

"Then let the people in the Investment Strategy Department evaluate it."

Listening to everyone's discussion, Fan Mingxuan knew that the acquisition application might eventually be invalidated and could not be implemented.

……

Zhang Yong also ended his trip to InterGEO. He doesn't need to go to SKydon anymore, so when he has nothing to do, he will sit in Tang Liwei and prepare a small office for him.

After he came back, he was busy all the time. In contrast, other people in the office had almost nothing to do. The business of the mag board is gone, and the mag board that could support a section was given to Zhongxun all at once by Zhang Yong.

More than one person found Tang Liwei, "Boss, what should we do now?"

Tang Liwei was also confused, but he didn't want to show it in front of his subordinates, "Take a break if you have nothing to do, the company didn't miss a penny of your salary. What is there to worry about?"

"No, boss," said the lead engineer with a serious face, "We all know that the boss left Skydon, and what he did before was actually done with the help of the manufacturer's background. Now these businesses are gone, we don't know what happened to the boss Think. Can you ask the boss? If there is nothing to do here, we don’t want to be here for nothing. The boss doesn’t have to be embarrassed to ask. We have followed the boss for these years, and the income is not bad, and the things we do are counted. Happy. If this journey is officially over, we will move on to the next stage of our career, and we will never cause trouble for the boss.”

"Trouble, what's the trouble?" A voice suddenly came from behind the group of people. They were startled, and quickly turned around, watching Zhang Yong walk slowly into the middle of the group.

"There are a lot of things to do, we are not finished, and there will be no trouble, but it is true that it is relatively hard."

He tossed a USB flash drive to Tong Liwei, "I designed several receivers, all of which are sketches, and you can start working now to turn them into complete products."

"Boss, you designed the receiver again?" Tang Liwei recalled the two products designed by Zhang Yong, with a bitter look on his face.

(End of this chapter)

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