Reborn since 1993

Chapter 820 Killing three birds with one stone

If you want to buy at the bottom and pick up bargains, you must do it all at once. If you want to pick up bargains in giant companies such as Samsung, LG, and Sharp, you will miss this opportunity once and for all. The Southeast Asian crisis is something that only happens once in a lifetime, and it will probably only happen again when a war breaks out.

Manufacturers such as Sharp do not have so much debt and may not sell their assets until they are completely exhausted. However, it is possible to take advantage of the situation now and take away some patents and technologies from them.

"Not only Dongfang Optoelectronics, but also Shenzhou Storage can contact Samsung, LG and other companies to try to take away some of the memory stick technology and patents from them!"

Li Dongling turned around and spoke to Xie Shining, general manager of Shenzhou Storage.

Sometimes, you have to spend when you have to. You have to give in order to gain. If you are not willing to spend now, you may not have the chance to buy these technologies and patents in the future.

"Old Hu, the acquisition funds for Dongling Hi-Tech this time will be jointly managed by the Finance Department and the Budget Management Committee, and supervised by the Discipline Management Committee!"

Li Dongling explained to Hu Zixian and other senior executives.

Dongling Hi-Tech's return to Southeast Asia this time and its acquisition projects will cost hundreds of millions of dollars, so it must be carried out by a dedicated department.

The door of the suite opened, and a group of executives from Dongling Hi-Tech filed out. Next, the executives from Dongling Hi-Tech had a lot of things to do.

People like Zhang Ao, Gao Peng, Miao Xuguang, Xie Shining and others had to fly to South Korea, Japan and other places for negotiations.

Li Dongling and Ren Yuefeng were the only ones left in the suite. Ren Yuefeng picked up a cup of tea and took a sip. The tea was good, but he couldn't taste anything.

At this moment, Ren Yuefeng's heart was filled with emotion. Ever since he was recruited into Dongling Hi-Tech, he had never imagined that one day he would be able to defeat giant chaebols such as Samsung and Hyundai, which have a great reputation in Asia and even the world.

Now, not only are they asking for money, but those giant companies are also expected to treat Dongling Hi-Tech as a guest of honor. With the news that Dongling Hi-Tech has rescued their dollars, their stock prices may even rise!

When he looked back in a daze, Ren Yuefeng realized that perhaps in the eyes of the outside world, Dongling Hi-Tech has now become a giant company like Samsung, LG, Hyundai, Toshiba, Sharp, IBM, and Microsoft!
"If all these plans and projects are implemented, I'm afraid that Dongling Hi-Tech's foreign exchange reserves will have to be spent a large part!"

Ren Yuefeng said to Li Dongling that Li Dongling was the head of Dongling Hi-Tech, but it was Ren Yuefeng who actually handled the daily affairs of Dongling Hi-Tech. It was no exaggeration to say that he was the chief steward of Dongling Hi-Tech. In the Ming Empire, old Ren Yuefeng would also be the chief minister of the cabinet.

Dongling Hi-Tech had previously borrowed 4 billion US dollars, and took advantage of the exchange rate difference to reap profits in Siam and other places and repay its debts to those banks. Excluding the 1 billion US dollars lent to the Zhixing Foundation, the remaining foreign exchange in the account was about 2.5 billion US dollars.

"I'm afraid it's not enough!"

In the face of Ren Yuefeng's astonished gaze, Li Dongling shook his head and said that Li Dongling did not need to hide anything from Ren Yuefeng, and some things also needed to be communicated to him.

Ren Yuefeng looked at Li Dongling with a serious expression. Although the next project that Dongling Hi-Tech was going to undertake would cost a lot of money, it was not to the extent that 2.5 billion US dollars would not be enough to fill the hole.

"I plan to have Cyberport, a subsidiary of Tanglin Hi-Tech Harbour City, complete the acquisition of Harbour City Telecom by the end of this year!"

Li Dongling said in a deep voice that he was not going to delay the acquisition of Gangcheng Telecom any further. This year was the best time to take over Gangcheng Telecom!

Hong Kong had just returned to the mainland this year, and people’s hearts were still uncertain. It was a time when overseas companies in Hong Kong were in a panic.

It just so happened that America was using Soros as a knife to reap Southeast Asia, and Hong Kong City was definitely one of Soros' targets.

The entire Hong Kong stock market will definitely enter a trough period next, and the share price and market value of Hong Kong Telecom will also fall.

The time has come. If we delay any further, when the Hong Kong stock market recovers, the market value of Hong Kong Telecom will rise again. If we want to acquire it at that time, we will probably have to spend a lot of extra dollars.

After acquiring Hong Kong Telecom, they could take advantage of the subsequent Internet craze, arrange a century-long merger between Cyberport and Hong Kong Telecom, and then wait for an opportunity to cash out and make a fortune.

Moreover, Dongling Hi-Tech's launch of 2G mobile phones and entry into the 3G era will be of great benefit to Dongling Hi-Tech with the presence of Gangcheng Telecom. The launch of contract phones alone will be enough to make Dongling Hi-Tech a fortune.

Gangcheng Telecom is a cash cow. As long as we get it and don't play tricks, it will continue to bring huge profits to Dongling Hi-Tech in the future. It can be passed down for generations...

Ren Yuefeng frowned as he listened to Li Dongling's words. The senior management of Dongling Hi-Tech were all aware of Li Dongling's thoughts on Gangcheng Telecom, but when it came to the acquisition, Ren Yuefeng was still a little worried.

He is a professional manager from Hong Kong. He is familiar with the wealthy families in Hong Kong and the giant companies in Southeast Asia.

Because of this, Ren Yuefeng knew how many people were eyeing the fat piece of meat of Hong Kong City Telecom. It was not so easy to take it. "Yingke Power, the second son of the Hong Kong Changjiang Li family, and Singapore Telecom, the Singaporean Li family, were also eyeing Hong Kong City Telecom and would not give up so easily.

Moreover, even if the market value of Gangcheng Telecom has fallen, the acquisition price is still an astronomical figure. If Dongling Hi-Tech relies entirely on bank loans, the capital chain pressure will be too great!"

"After all, the lessons learned from the Korean chaebols such as Daewoo are right in front of us!" Ren Yuefeng said worriedly.

The fall of Daewoo Group is not as simple as a sentence. For those who have often heard rumors about Daewoo over the years, it is a huge shock.

After this incident, companies like Samsung in South Korea realized the importance of cash flow and began to hoard cash desperately.

What happened to Daewoo is right in front of us, so when Ren Yuefeng heard that Dongling Hi-Tech was going to acquire Hongcheng Telecom and that it was going to borrow a large sum of money from the bank, how could he not be worried.

"Dongling Hi-Tech will definitely bring in China Telecom, China Unicom and other companies to join the acquisition. It is impossible for Dongling Hi-Tech to bear all the expenses alone!"

Li Dongling smiled and said that the matter of Gangcheng Telecom was first started by the predecessor of the Ministry of Information Industry, and the postal and telecommunications department found Dongling Hi-Tech.

Hong Kong City has just returned to China. On the mainland side, it is not a good idea to allow state-owned companies such as China Resources, CITIC, China Merchants, and Bank of China to directly intervene in the acquisition of Hong Kong City Telecom and other companies, so as not to cause unnecessary trouble.

However, a company like Hong Kong City Telecom, which involves the vital parts of Hong Kong, cannot be controlled by overseas giants, so the postal and telecommunications department found Dongling Hi-Tech.

Because looking at the domestic market, there are only a few private companies such as Dongling Hi-Tech that have the ability and skills to join the acquisition of Hong Kong City Telecom.

"Dongling Hi-Tech will join hands with mainland telecom and other companies to make the acquisition. In addition, the Ministry of Information Industry will definitely provide Dongling Hi-Tech with the necessary support!"

Li Dongling said that in order to acquire Hong Kong City Telecom, domestic banks must also support it. There are definitely risks, but they are not so big that they cannot be borne.

"In addition," looking at Ren Yuefeng, Li Dongling said something that would definitely cause an uproar in the country if it got out, "It's just the right opportunity to sell the PHS business!"

Xiaolingtong mobile phones are still making money, and making a lot of money, not only in China, but also in Japan, Siam, Malaysia, Brazil, Colombia, Pakistan and other places. They are selling like hot cakes.

For the entire Dongling Hi-Tech, more than half of its annual revenue comes from PHS mobile phones!

If the news of selling Xiaolingtong mobile phones suddenly came out, not to mention what the domestic reaction would be, even potential acquirers such as Nippon Benzene Telephone and Telegraph would probably be suspicious and doubt Dongling Hi-Tech's original intention of selling the Xiaolingtong mobile phone business.

After all, who would sell their own hen that lays golden eggs for no reason? The normal reaction of a person would be to suspect that there is fraud.

But if you find a reason, no matter whether it is reliable or not, you can always fool people. And the reason of selling the profitable Xiaolingtong mobile phone business and cashing in to acquire Hongcheng Telecom is probably barely enough.

2G mobile phones are about to arrive, and a new technological era is also about to come. If we don’t sell the Xiaolingtong business at the highest point now, when will we wait?
Li Dongling mentioned the sale of the Xiaolingtong mobile phone business to Ren Yuefeng, but when the day really came, Ren Yuefeng still felt a little conflicted.

No one knows what will happen after the acquisition of Hong Kong City Telecom, but the PHS business is now a treasure trove, and the risks involved are really difficult to estimate.

"Mr. Li, do you think Xiaolingtong will not be the future of the mobile phone industry?"

Ren Yuefeng is not an expert in technical matters, but he understands Li Dongling's vision.

Li Dongling did not say it directly, but brought it up with Nippon Telephone and Telegraph Company. "The PHS communication technology currently used by Xiaolingtong mobile phones may have a future. Perhaps its technology can continue to be upgraded, allowing it to enter the 2G communication era!"

"but!"

"Now, most of the PHS communication, base station technology and patents are in the hands of Nippon Telephone and Telegraph Company. Do you think that given the way Nippon Telephone and Telegraph Company is greedy, will it allow other companies to have a piece of the pie?"

"The future of the communications industry may be GSM, or CDMA. Perhaps in the future, China will also come up with a new communications standard, but it will not be Japan's PHS standard!"

Li Dongling looked at Ren Yuefeng and said, you don’t have to understand the technology, but it is enough to understand the Japanese. The standards set by the Japanese are basically reverse indicators.

The Japanese developed hydrogen energy, and then the electric car era broke out. The Japanese developed plasma TVs, and then the LCD panel era arrived.

Similarly, Nippon Telephone and Telegraph Company is now betting on PHS technology. Given Nippon's character of wanting to take the lion's share and not giving other companies a chance to get a piece of the pie, this thing will definitely not become a new standard for the global telecommunications industry. Holding on to this thing, what's the difference between that and waiting to die, other than being exploited by Nippon using patents?
(End of this chapter)