Chapter 423 Turning decay into magic
Seeing the expressions of Yang Bohua and Song Luancheng, Li Dongling still said, "Donngling Hi-Tech can establish a company in Hong Kong City specifically for the acquisition of Hong Kong Telecom!
Dongli Hi-tech can provide about 15% of the equity, plus the equity of Feiyan Technology, to provide loan guarantees for this company
But this acquisition cannot affect Donglin. Hi-tech, you also know how many people’s jobs are related to Dongling Hi-tech now, so we really can’t take risks..."
After hearing Li Dongling’s last words, Yang Bohua and Yang Bohua also changed their expressions. If it is really because of The acquisition of Gangcheng Telecom would implicate Tanglin Hi-Tech to the point where they would not be able to keep their jobs. Such a risk was something they could not afford.
In the past few years, the country has been at the most critical juncture. Why has the Economic and Trade Commission become more and more powerful and taken over so many local central and state-owned enterprises? The reason is to save jobs and try every means to create jobs.
Donngling Hi-tech can be supported by the Yanjing Economic and Trade Commission and other departments. It can earn foreign exchange. More importantly, it can provide jobs, and there are a lot of jobs. This is what makes Yanjing The economic and trade commission, state-owned assets and other departments, as well as Hanxi and other places in the country, are most concerned about the fact that everyone now needs jobs that can pay wages. One job may be related to the livelihood of a whole family!
And if the acquisition of Gangcheng Telecom affects Tanglin Hi-Tech and even employment, this is not something that Yang Bohua and the others can afford.
However, if you want to acquire Hong Kong City Telecom, which has a market value of hundreds of billions of Hong Kong dollars, you need to have collateral if you want to borrow funds from banks.
In his previous life, Li Zekai, the member of the Yangtze River Li family in Hong Kong City, was able to borrow more than 10 billion US dollars without collateral from more than 30 banks to acquire Hong Kong Telecom, mainly because of his father. for the sake of.
Although there are rumors in the world that the relationship between father and son is not good, and when Li Zekai acquired Hong Kong City Telecom, Hong Kong City Changjiang boss Li specifically told the media that Hong Kong City Changjiang Group did not participate in the acquisition of Hong Kong City Telecom.
But the outside world, only the devil knows whether they believe this announcement or not. Those banks and consortiums are willing to let Li Zekai get the loan without collateral mainly for the sake of his father. If he can't pay it back, His father will definitely need to repay it. It is only natural that a son's debt should be repaid by his father, so the banks are not worried at all.
Similarly, in the case of Tanglin Hi-tech, if Donglin Hi-tech's equity is used as collateral to borrow money from banks to acquire Hong Kong City Telecom, it is estimated that banks, overseas consortiums, investment banks, etc. will be happy to see it As a result, with the revenue capability of Donglin Hi-Tech, the banks were hoping that Donglin Hi-Tech could not repay the money, and then took the opportunity to swallow up Donglin Hi-Tech...
However, Li Dongling was only willing to give out part of it. The equity of Dongling Hi-tech, coupled with the equity of Feiyan Technology, provides guarantee for the company in Hong Kong City that is used to acquire Hong Kong City Telecommunications. It is difficult to say whether the banks and consortia are willing to help with all their money.
“If Donglin Hi-tech joins this acquisition, I hope to get full support from the postal and telecommunications departments, telecommunications companies, Bank of China, SDIC and other companies, and it is the only one in China that supports the acquisition of Gangcheng Telecom company!”
Li Dongling said meaningfully to Yang Bohua and Song Luancheng, and proposed the conditions for Dongling High-tech to enter the acquisition of Gangcheng Telecom.
Li Dongling has made his plans clear. If Yang Bohua and the postal and telecommunications department can obtain these conditions for Dongling High-tech, then Dongling High-tech can march south, otherwise it will be given up.
Among these conditions, it seems that the mortgage loan is the most difficult, but in fact, what Li Dongling cares about most is to make Dongling Hi-Tech become the only company in the mainland that supports the acquisition of Gangcheng Telecom. company, this is crucial!
Li Dongling does not want to lose the chain at the critical moment. Regarding this acquisition, the attitude of the Yanjing Post and Telecommunications Department is crucial. To put it bluntly, Hong Kong City is also a domestic territory, and Gang City Telecommunications is also subject to the Posts and Telecommunications Department. There are also It is governed by the Ministry of Information Industry.
If the post and telecommunications department can resolutely support Donglin Hi-Tech and express its stance at the critical moment, it will be enough to give Tanglin Hi-Tech an advantage at the negotiating table. What Li Dongling fears most is that the Yangtze River Li family and others will also get the support of the post and telecommunications department. So what other absolute advantages does Tanglin Hi-Tech have?
"And the most important thing!"
Yang Bohua listened to the conditions proposed by Li Dongling, thought for a moment and then looked at Li Dongling, "If Dongling High-tech can acquire Gangcheng Telecom, how will it operate to ensure its normal operation? , will not fall into losses or bankruptcy!
In the future, the Hong Kong Telecom industry will continue to issue telecommunications licenses. Even if Hong Kong Telecom can maintain its advantage, it will be difficult to completely dominate the entire Hong Kong landline as before. Telephone industry! "
Although, this time the postal and telecommunications department wants to get rid of Donglin Hi-Tech. As long as the majority shareholder of Gangcheng Telecom still belongs to the country after the acquisition, it will matter whether Gangcheng Telecom is alive or dead. It has nothing to do with Yanjing.
But this time we have to use so much foreign exchange and spend such a high price. If we buy back a pile of scrap metal, the price will be too high!
Song Luancheng also looked at Li Dongling curiously. He was from Hanxi. He had already heard many rumors about Li Dongling. From Dongling High-tech to Feiyan Technology to Torch Group, these rumors shocked countless people. The projects were all related to Li Dongling. He didn't know how Li Dongling wanted to operate Hong Kong City Telecom.
"There is no absolute thing in the world, and no one can say for sure what has happened!" Li Dongling shook his head and said. He was unwilling to say anything for sure, which would be equivalent to digging a hole for himself. .
"However, if we can acquire Hong Kong City Telecom, I have some ideas in the future, but no one knows whether it will happen..."
Said, Li Dongling dipped his fingers into some tea and wrote two words on the stone table. After a while, the tea slowly disappeared, and the words Internet and 3G also slowly disappeared. However, Yang Bohua and Song Luancheng were still thinking hard about what they had just said. See these two words.
Yang Bohua and Song Luancheng wanted to ask, but looking at Li Dongling's expression, it was obvious that he was unwilling to say more about the meaning of these two words. Although they were itchy, they could only give up.
Internet and 3G are not new words now. They are not very popular in China, but they are not unfamiliar at all.
The most important thing is how to operate and who will operate. Just like the same tricks in martial arts, some people use them just like a showpiece, while others can turn decay into magic and become famous in the world. The key to a unique skill depends on the skill of the user!
"I will return to Yanjing today, report your intentions to Dongling to the department, and give you an answer before you go to the port city!"
Yang Bohua two When people get up and leave, both of them have to report to their respective departments and the company. This is not a small matter and involves more people.
After the two left, Li Dongling was also thinking about the gains and losses of the acquisition of Gangcheng Telecom. There was no small loss or small profit in this acquisition. It was either a big profit or a total loss.
As for Donglin Hi-tech, if it can acquire Gangcheng Telecom and take the opportunity to enter the overseas telecommunications market, then in the future, wherever there are base station signal towers and broadband networks supplied by Gangcheng Telecom, You can find Donglin Hi-tech products such as mobile phones, computers, tablets, and Internet TVs.
And there is no need to worry about being targeted. No matter whether the local city government will target Tanglin Hi-Tech's products, as long as the local users use the network of Gangcheng Telecom, then Tanglin Hi-Tech's products will be able to pass through. Contract machine, or change the skin and continue to enter the local market.
Unless the local city government departments unplug their own network cables and want users in these places to enter primitive living conditions, mobile phones, computers, tablets, etc. cannot chat online, watch videos, watch TV series, games, etc. , but who of those who have been exposed to these modern lives can hold back these?
And in the telecommunications industry, as long as the cost of laying base stations and broadband is spent in the early stage, you will basically just sit back and make money in the later stage. In the previous life, Hong Kong City Telecom was still a cash cow decades later, even if its mobile business , the broadband business is almost in vain, and it has not been willing to spend money on development for decades.
But Gangcheng Telecom still relies on the landline business, earning 30 to 40 billion Hong Kong dollars in revenue every year, with a profit of about 35%. It is definitely a cash cow. It has paid out 27 billion Hong Kong dollars in dividends in five years. The second-in-command of the Yangtze River Li family The young master almost regards it as a cash cow and pays dividends desperately every year, because he is the major shareholder of Hong Kong City Telecom holding more than 52% of the shares. Who needs to say whose pocket the dividend money goes to? !
As for how to repay the money spent on acquiring Gangcheng Telecom, the normal operation is, of course, to make money every year, then pay interest to the bank, and slowly repay the principal over several decades. Cleared, but this is working for a bank.
Just like Li Zekai of the Yangtze River Li family in his previous life, after acquiring Hong Kong City Telecom, he failed to play tricks. At the critical moment, he claimed that he did not need his father’s support. When he asked someone for help, it was his father. , borrowed nearly 10 billion Hong Kong dollars from others to help him tide over the difficulties and avoid bankruptcy.
But after Li Zekai took over Hong Kong City Telecom, he was also heavily in debt. He even sold Penguin's equity to save money. It took more than ten years to pay back the more than 10 billion US dollars owed to the bank. However, Hong Kong City Telecom was also dragged down and missed the 3G and 4G markets. Decades later, it still relied on the landline and wired phone market to make a living.
If it was acquired by Donglin Hi-tech, it would be impossible for Li Dongling to buy it back to Gangcheng Telecom and then work for the bank. He would definitely have to use some other means.
The most direct one is the Internet. The concept of Cyberport in the previous life has great potential, even if it is a playful operation. With this name, whether it is issuing stock financing or operating the port city telecommunications to America and old Europe Making money in the stock market is much better than treating Cyberport as real estate!
If Hong Kong Telecom is really acquired, Li Dongling will not be too worried about repaying the debt borrowed from the bank. Apart from anything else, the Yahoo equity held by the Guangzhixing Foundation will be sold a few years later. Going out is enough to repay this loan.
In addition, relying on the Changjiang Li family's Orange Telecom in England to make a fortune is enough to repay the debt, and there are various tricks, it depends on whether Li Dongling is willing to use it!
(End of this chapter)