When will I have a long tassel?

"What, Botai is going bankrupt?"

Even though everyone was well-informed, when Han Weichang revealed the news at the group's office meeting, all the senior executives of the group were stunned.

"This news has not been released publicly yet, but according to industry insiders contacted by our European sales department, PATEO is seeking acquisitions, and many companies have received their offers," Han Weichang said.

"No way, Botai, a guy with big eyebrows and big eyes, is actually going bankrupt!" Group Vice President Zhan Keqin said, smacking his tongue, and the feeling of gloating was beyond words.

"If you think about it carefully, this is not surprising." After a brief period of astonishment, Zhang Jianyang returned to normal and said, "Mr. Tang had predicted this more than ten years ago. I remember that Mr. Tang When we arranged for Xiaohui to go to Factory 82 to work on precision milling machines, we said that we would crush PATEO in the future. In just a few years, PATEO has really collapsed."

"That's right, Mr. Tang specifically said last year that some of these old machine tool companies in Europe might lose their jobs, and we need to set aside money to collect the scraps. Alas, I just didn't expect that what Mr. Tang predicted would actually happen. It will come so quickly, which makes people a little unprepared." Zhan Keqin said.

Shu Xin, the chief accountant, frowned and asked Han Weichang: "Old Han, have you ever known what the purchase price offered by PATEO is? The amount of money that can be taken out of the group's accounts is really not too much."

Han Weichang said: "There are currently different opinions on the price of acquiring PATEO. In the past two years, the valuation of PATEO in the capital market was 3 billion euros, but at that time PATEO was in pretty good shape. In the past two years, especially Since last year, PATEO's market in the United States has been basically taken away by our Chinese companies. It has also lost a lot in the markets in Southeast Asia, South America and Africa, and its evaluation by the capital market has dropped.

"The news we have heard so far is that PATEO's acquisition price is approximately between 1.5 billion and 2.5 billion euros, which includes PATEO's fixed assets and intangible assets. However, this price was not disclosed by PATEO. It’s an estimate in the market.”

"It's not much cheaper." Zhan Keqin muttered, "If we charge it at 2.5 billion euros, it's not worth it. 1.5 billion..., tsk tsk, it's quite reluctant. 1.5 billion euros is equivalent to It’s 13 billion yuan. Mr. Tang is talking about going to Europe to pick up leaks. If it exceeds 500 million euros, there will be no surprises.”

Chief Engineer Guo Daihui said: "Old Zhan, are you too greedy? Just the patented technology in PATEO's hands is not much if it is sold for 500 million euros. Taking into account its fixed assets, the total value is still worth more than a billion euros." of."

Zhan Keqin retorted: "General Manager Guo, you calculated this based on the normal price. Now it has to be sold due to serious losses. It is equivalent to the tearful sale that the small shops on the street say. If you don't lower it harshly, Price, why should we buy it?”

"Yes, if it costs 2.5 billion euros, which is equivalent to 20 billion yuan, it is indeed not worth buying." Another group executive named Chen Bo agreed.

Everyone turned to look at Tang Zifeng. Zhang Jianyang said: "Mr. Tang, what's your opinion? Everyone is just waiting for your instructions?"

Tang Zifeng smiled and said: "What everyone said makes sense. In terms of value, PATEO's discount of 2.5 billion euros is reasonable. Its patents and fixed assets combined are worth this price. In addition, its business Its reputation and global sales system are of greater significance to us. It can be said that if it were not for the background of the European debt crisis, we would not have spent 1 billion euros just to buy its brand and sales system."

Everyone nodded. As a person in the machine tool industry, everyone knows how resounding the trademark "Botai" is in the industry. Some of PATEO's machine tools are manufactured by other companies. If the machine tools manufactured by these OEM companies carry the PATEO trademark, the price will be 20% higher. This is the value of the trademark.

The same is true for the value of a sales system. PATEO is a century-old enterprise that has established a complete sales system all over the world and has a huge sales network. If a company wanted to build such a network from scratch, the cost would be calculated in billions of euros.

Linji Group is currently preparing ambitiously to enter the international market. If it can obtain PATEO's trademark and its sales system, it will undoubtedly be even more powerful. Ten years ago, if PATEO was willing to sell its trademark and sales system to Linji for 1 billion euros, everyone would probably be laughing from ear to ear.

But, now...

"Europe's economic situation is very bad. PATEO hopes that the EU can provide it with a bailout fund, but the EU cannot provide it. Under such circumstances, PATEO is no longer able to support itself, and selling is inevitable. If we can If you run it properly, it is entirely possible to buy it at half the actual price." Tang Zifeng said with a smile.

"Isn't this what Mr. Tang always said, take advantage of your illness to kill you? Something like the European debt crisis never happens in a century. If we don't seize this opportunity and kill them hard, we would be fools." Zhan Keqin smiled.

"Did I say that?"

Tang Zifeng pretended to be surprised and asked. In return, everyone laughed and said nothing. The meaning was very clear: you did say it, and you said it more than once.

Tang Zifeng, the general manager, completely subverted everyone's impression of general managers of state-owned enterprises. He often makes humorous witticisms, and the group's senior executives are used to it. Under his leadership, Linji Group's group office meetings were often not serious enough, and everyone made some major decisions while laughing and joking.

"Uh-huh, this is human nature. Who doesn't like buying cheap stuff?" Tang Zifeng smiled awkwardly and avoided the topic. He waved his hands to everyone and said: "Everyone, continue. By the way, Old Han, are you not done with what you just said?"

Han Weichang nodded and said: "Yes, there is another situation that is a bit unfavorable. The Zhao Group in Jinnan also seems to be interested in acquiring PATEO, and PATEO is willing to wait for a price."

"Zhao Group? It's the two brothers Zhao Xinggen and Zhao Xingwang, why do these two guys have to get involved in everything!" Zhang Jianyang said with a bit of displeasure.

"It's the Zhao Group of the Zhao brothers." Han Weichang sighed. "In the past few years, in addition to machine tools, they have also engaged in real estate, food, and retail. Now their financial strength is not much worse than ours. The Zhao brothers are engaged in He started out as a mechanic. After acquiring Xiayi Machine Tools a few years ago, he has become more and more interested. This time he proposed to acquire PATEO, he also planned to give us a try."

"This is a bit troublesome." Zhang Jianyang frowned.

Speaking of which, the Zhao Group of brothers Zhao Xinggen and Zhao Xingwang is no stranger to the executives of Linji Group. The history of the Zhao Group's fortunes is very typical and is similar to that of many private enterprise groups in China.

The Zhao brothers first started their business by opening a small machine tool company called Longhu Machinery Factory in Heling City, Jinnan Province. Due to its weak technical strength, Longhu Machinery Factory basically has no product development capabilities and only makes money by copying the products of other companies. The first collision between the Zhao brothers and Linji Group was when Longhu Machinery Factory wanted to imitate Linyiji's new baling press. However, Tang Zifeng set up a trap and fell into a trap and suffered a big loss.

With the strengthening of domestic intellectual property protection and the company's own accumulation, the Zhao brothers' Longhu Machinery Factory began to develop some low-end and mid-range mechanical products on its own, and developed its own brand with the help of Linyi Machinery Machine Tool, together with some other private machine tool companies, has squeezed out Korean machine tool companies that are trying to make a profit in China from the Chinese market.

Later, the Zhao brothers seized the opportunity and joined forces with other private enterprises in Jinnan to acquire Xia Liang No. 1 Machine Tool Company, a long-established machine tool company that was on the verge of bankruptcy, and brought Xia Yiji back to life with their outstanding business capabilities. After digesting Xia Yiji's technology, the Zhao brothers' company was finally able to enter the machine tool industry, and it was no longer the image of the past that could only manufacture low-end products.

In recent years, China's rapid economic development has created countless opportunities. Like many other private entrepreneurs, the Zhao brothers dared to try and constantly entered new fields. They accumulated capital very quickly and quickly owned seven or eight industrial sectors under their names. The Zhao brothers established the Zhao Group on this basis, and it is said that the total assets have reached tens of billions.

Although they have such a net worth, when it comes to the field of machine tools, the Zhao brothers' confidence is still very weak. Compared with Linyi Machinery and Tengji, two companies under the Linji Group, the technical strength of Longhu Company and Xiaji Company of the Zhao Group is far insufficient. They do not have excellent competitive products, and their words are not strong.

This time, when they heard that Botai Group was preparing to sell, the Zhao brothers couldn't help but feel a little moved. They have been working in machinery for more than 20 years, and they are very familiar with Botai's strength and reputation. The two knew that if the Zhao Group could acquire PATEO, it would mean that it would step into the ranks of high-end machine tool manufacturers, and then it would be qualified to talk on an equal footing with large state-owned machine tool companies such as Linji.

Although they have passed the age of knowing their destiny, the Zhao brothers still have some teenage dreams in their hearts. The two of them became excited when they thought that they would have the opportunity to sit on an equal footing and chat and laugh with those large state-owned enterprises that they could only look up to back then.

It doesn't matter that they are excited, it is bad news for Linji Group. The biggest fear when buying something is that someone will bid against you. Once the buyer starts bidding, the seller can raise the price and sell the radish for the price of ginseng. This is not in line with the original intention of the opportunity.

"We will discuss the matter of the Zhao brothers later. Let's discuss how much money we should pay to take down Botai. If it exceeds this amount, then whoever wants to buy it will buy it, and we will not participate." Tang Zi said the wind.