Rebirth 76: Industrial Internet Empire

"You mean to inject 5000 million yen to acquire 80% of the equity of Tokyo Daily Economic Express?" Li Heping asked.

Kishida Mie was stunned. What she originally wanted to say was 500 million yen. If the newspaper invested 500 million yen, it would be able to overcome the current difficulties. It was only a temporary expedient. She really wanted to revitalize the Tokyo Daily Economic News. I'm afraid 5000 million yen is still not enough.

However, Kishida Mie didn't dare to ask for more, which scared the God of Wealth away, so she had no choice but to close down.

Li Heping thought for a while and felt that he didn't have much money, so he took it upon himself to sign a draft investment agreement with Mie Kishida.

Li Heping happily returned to the temporarily rented apartment and handed the draft of the investment agreement he had just signed to Yang Mo.

After reading, Yang Mo raised his head and looked at Li Heping in surprise: "Did you sign the draft investment agreement so quickly?"

Li Heping scratched his head and said sheepishly: "It doesn't look expensive to me. It's only about US$20, so I signed it on my own initiative."

Liang Adi scolded: "Only 20 US dollars? Heping, you have become rich now!"

Yang Mo waved his hand and said with a smile: "Sister-in-law Adi, don't blame Heping, that's what I meant! I let him go alone just to train him. Besides, this is still just a draft agreement. If there are any big loopholes, what's the point? It can be made up for!”

While talking, Lin Xi had already carefully reviewed the draft agreement, nodded to Yang Mo and said there was no problem, then turned to look at Li Heping and asked: "Heping, have you read their financial statements? Are there any liabilities?"

Li Heping looked embarrassed and said naa-na: "Lawyer Lin, I didn't look at the financial statements. I was going to let the accounting firm evaluate it before letting you sign the contract. Then she said that there are only a dozen people in the small newspaper agency. , no audit or evaluation is needed, I thought it made sense, so I signed it directly..."

Lin Xi shook her head. She knew that Yang Mo deliberately let Li Heping talk alone. It was not only to give him a chance to exercise, but also to acquire the newspaper. It was not convenient for members of Zhiyuan's core team to come forward.

But as the company's legal affairs officer, she still has the obligation to remind. Lin Xi thought for a while and said: "Peace, although 5000 million yen is not much, every investment and acquisition must be understood clearly before making a decision, especially the other party's financial situation." Reports, if the acquisition target is involved in lawsuits or debt or equity disputes, won’t we get into trouble?”

Li Heping lowered his head guiltily. He also found that he was confused because he was too nervous.

Yang Mo stood up and tried to smooth things over: "What Lawyer Lin said makes sense, and everyone should take it as a warning in the future. When we acquire a company, we fully accept its claims and debts. We must understand it clearly, but there is also the matter of peace." We can’t blame him entirely, he has never discussed business alone, and this is in Japan where we don’t understand the language, so it’s understandable!”

Lin Xi also took the initiative to ask for help: "Don't worry! I'll go with Heping tomorrow and make a decision after understanding it clearly."

Early the next morning, Lin Xi and Li Heping, accompanied by translators, came to the newspaper office.

Lin Xi said in a standard London accent: "President Mie Kishida, I am Lin Xi, legal counsel of Qianhai Asset Management Company. Mr. Li has entrusted me to review your investment agreement. I would like to take a look at your company's financial statements first. May I?"

"Of course!" After Mie Kishida answered in fluent English, she told Masahiko Sakurai to ask the financial officer to bring the report.

Lin Xi felt relieved after reading the financial statements. A poorly managed newspaper on the verge of bankruptcy was undoubtedly the best choice for Qianhai Asset Management Company. Originally, Zhiyuan had no intention of entering the media industry for the time being. , the acquisition of a small newspaper was just to let investors see the information they wanted to know at the critical moment.

After Lin Xi read the poor financial statements, she didn't say much, but continued to communicate with Kishida Mie about the details of the acquisition.

Kishida Mie was also confused. We couldn't even pay our miserable wages. You were still there carefully asking for the detailed personal information of all employees. She couldn't help but asked curiously: "Lawyer Lin, Qianhai Asset Management is still prepared to follow the agreement." Will you buy our newspaper?"

Lin Xi nodded: "Since Mr. Li has decided to acquire your newspaper, I will only help Qianhai complete the contract review and provide professional legal advice."

Two days later, Qianhai Asset Management Company officially completed the acquisition of the Tokyo Mainichi Economic Express. After re-interviews with Qianhai Asset Management, most of the original employees of the newspaper stayed on. Mie Kishida also continued to serve as the president and editor-in-chief.

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In the past few days, Sumitomo Metal Mining's stock price has broken through to around 1480 yen, which really conforms to the unbreakable "truth" of the stock market: With the guidance of big funds and the brainless investors who follow the trend, there is nothing that cannot take off. stock……

If it is true, it can only mean that this unlucky stock has hurt the leeks so badly.

Taking advantage of Sumitomo Metal Mining attracting the attention of the vast majority of investors, Qianhai Asset Management's related accounts successfully completed the establishment of positions in Asahi Chemical, Mitsui High-tech, and Tonghe Holdings.

After completing the position building, Yang Mo quietly bought back: Fujitsu, Nippon Electric (nec), Hitachi, Toshiba, Mitsubishi Electric...

These leading stocks in the semiconductor sector have already experienced considerable gains in the early stage. Because there is a lot of uncertainty in the entire integrated circuit industry chain, these leading stocks have experienced huge increases and decreases, and they are the favorites of some activist investors.

Monday, May 6.

The front page headline of the Daily Economic Express published a commentator's article signed "I am not a stock god": "The logic of the skyrocketing stock price of Sumitomo Metal Mining."

"In just one month, Sumitomo Metal Mining rose 72%, created a miracle, and became the most dazzling star on the Tokyo Stock Exchange."

"We may have overlooked the fact that Sumitomo Metal Mining has always been classified as the mining and metallurgy sector. In fact, Sumitomo Metal Mining is not only a leader in precision manufacturing and metallurgical mining industries, but as early as 16 years ago, Sumitomo established an independent electronic products In the manufacturing department, over the years, Sumitomo has invested heavily in integrated circuits and has made major breakthroughs in electron beam scanning devices and micro-projection ultraviolet exposure devices. In some technical aspects, it even threatens the status of industry leader Hitachi, which has a strong interest in silicon crystal materials. The research is also catching up with Nippon Electric Corporation!”

"After analyzing Sumitomo Metal Mining's silent achievements in integrated circuits, it is not difficult to find that this is a high-tech enterprise hidden in the traditional manufacturing industry. What does this increase mean? Once the semiconductor industry achieves success again If there is a breakthrough, Sumitomo Metal Mining's stock price will soar against top integrated circuit manufacturing companies such as Fujitsu, NEC, Hitachi, Toshiba, and Mitsubishi Electric!"

"Listed companies that are similar to Sumitomo Metal Mining include Asahi Chemical, Mitsui High-tech, Dowa Holdings, etc. They have one thing in common. They all entered the semiconductor industry in the 6s and 70s..."