Rebirth 76: Industrial Internet Empire

Silicon Valley Dune Road.

Zhiyuan Investment Headquarters.

In sharp contrast to the lifeless Furong Bank, the entire company is filled with joy. Every employee knows that the red envelope given by their always generous boss will definitely not be small this time...

"Yang Mo, we have won a great victory this time, should we have a celebration banquet to celebrate?" Lin Xi asked excitedly.

Yang Mo smiled bitterly and said: "When the Nasdaq Internet bubble burst, we were the biggest losers. How much of our assets have evaporated?"

"Then why do we take the initiative to burst the Internet bubble? Isn't it a good idea to join forces with Furong Bank to go long?" Guo Kexin asked in confusion.

Yang Mo laughed and said: "Even if Qianhai Asset Management and Zhiyuan Group join forces with Furong Group to join the multi-party camp, they will not be able to prevent the bursting of the Internet bubble. Nasdaq has a price-to-earnings ratio of 80 times, a market value of US$2 trillion, and a market value of US$[-] trillion. For tradable stocks, the Federal Reserve has raised interest rates six times in a row to tighten liquidity. The amount of money cannot support such a big bubble. It is expected that we just sit back and wait for others to do short work. It is better for us to proactively puncture the Internet bubble and use the evaporated market value through Nasdaq futures. Hedging short orders recovers losses!”

"Mr. Yang, after the Nasdaq 06 futures contract is delivered and settled, we will have a lot of cash in our hands. What should we do next?" Li Heping asked.

Yang Mo pondered for a moment and then said: "The bull market in the U.S. stock market has ended. If nothing unexpected happens, there will be a bear market in about 2-3 years. Qianhai Asset Management will use this period to continue short selling and reduce its holdings in Sun, Palm, and Yahoo." For equity, it is enough to obtain a controlling stake in Time Warner, without the need for a full acquisition, to facilitate the merger with Qianhai Media Group..."

"We have sufficient cash flow. Can we take advantage of the bursting of the US stock market bubble to fully acquire Time Warner at a relatively low price? Time Warner has a very large audience in print media such as movies, TV, newspapers, magazines, etc. In this way, we will have a greater say in the media field!" Li Heping asked.

"The specific ownership structure is up to you to decide! However, it is best to tie the influential wealthy families in Europe and the United States to the chariot of Qianhai Asset Management through the merger of Time Warner and Qianhai Media Group to form a community of interests. , can be used by us!" Yang Mo waved his hand and said.

Li Heping nodded.

"Heping, what is the equity structure of the affiliated companies under Qianhai Asset Management? Are the actual controllers reliable?" Yang Mo asked casually.

"Mr. Yang, you can rest assured that the equity is very safe. The original cross-shareholding and equity holding agreements were handled by Lin Xi and Guohua together. The core team of the affiliated company has a total of 5-8% option incentives. This money is of great benefit to them. It’s also a big fortune, so you shouldn’t dare to have any dissent!” Li Heping replied.

Yang Mo thought for a while and then said: "Choose a few reliable people and let them acquire the top three theater companies in the United States!"

"Acquired all three major theater chains?" Li Heping asked in surprise.

Yang Mo nodded: "AMC, Regal and Peugeot, the controlling rights of the three major theater chains must be obtained. I have other arrangements!"

"What's the arrangement? Can you tell us first?" Lin Xi asked curiously.

"You'll know when the time comes!" Yang Mo said pretending to be mysterious.

"Tch! I can figure out what you're thinking with my toes! It's nothing more than controlling the film company by arranging movies in theaters..." Lin Xi said disapprovingly.

Yang Mo chuckled and said: "You are smart! But you only guessed the most basic part correctly, and you will know the rest when the time comes!"

"Mr. Yang, can we move forward with the acquisition of medical companies? The reason for Zhiyuan Investment's reduction is to acquire GE Healthcare, Philips, and Medtronic under General Electric..." Qian Ning also asked.

Yang Mo nodded: "You can start preparations, but the pace must be slowed down a bit, and the stock price will still fall! Are ARM's information ready?"

"Get ready! ARM was co-founded in November 1990 by Apple, Acorn Computer, and VLSI. This was also a technology alliance formed by Apple in response to the joint efforts of Intel and IBM! Apple provides funding, VLSI provides equipment, and Acorn joins with 11 engineers!" Qian Ning introduced in detail.

"Aacon Computer in the UK? Weren't they competitors with Apple at that time?" Yang Mo asked in surprise. In his remaining memory, he only knew that ARM was the only company that could compete with Intel in the field of software design in the PC era. But I didn't expect that there was such a connection.

After Zhiyuan Group fully acquired Apple, in order not to change Apple's development process, Yang Mo didn't even interfere with any of Apple's operations. That's why he made such a big joke. He didn't even know that Apple was also one of ARM's major shareholders...

"They were indeed competitors at the time, but Apple and Aikon Computer were also excluded from the alliance established by Intel, Microsoft and IBM. The formation of a technology alliance was also forced by the situation. Apple even had to break the capital chain because of this investment. Sold to Qianhai Asset Management..." Qian Ning explained.

"What's ARM's shareholding structure now?" Yang Mo continued to ask.

“When ARM was created, Apple and VLSI invested 150 million and 25 respectively, and equipment worth 125 million pounds. The Acorn team invested 150 million pounds in intellectual property rights. Apple held 34% of the equity, and the other two companies each held 33%. Equity. In April 98, ARM was simultaneously listed on the London Stock Exchange and Nasdaq. The IPO market value was about 4 million pounds. The equity of the three companies was diluted to about 2.64% respectively. Last year, Aikang Computer was listed on the 20th anniversary of its establishment. At this time, the operation was in trouble, and all assets were acquired by Morgan Stanley. It is currently in the stage of bankruptcy and liquidation, with valuable assets waiting to be divided and sold. Coincidentally, VLSI was also acquired by STMicroelectronics, holding 20% ​​of ARM's equity, and also transferred to Italy. In the name of Fa Semiconductor!"

"STMicroelectronics?"

Qian Ning nodded: "STMicroelectronics is a multinational semiconductor company headquartered in Switzerland. It was formed by the merger of Italy's SGS and France's Thomson, so the acquisition plan we formulated is to fully acquire ARM. The equity of Apple and Morgan Stanley should It’s not difficult to get it, but what’s more difficult is STMicroelectronics!”

"Based on the current stock price, what is the market value of ARM?" Yang Mo then asked.

"Before the Internet bubble burst, ARM's stock price reached a peak of US$14.5 billion. Now it has almost been cut in half. According to the current stock price, it is less than US$9 million. However, it can be considered a miracle. In two years since it was listed, the market value has increased by 3.5 times... "Qian Ning introduced him with all his treasures.