Chapter 993 Tianshan Group
“Stop talking about this, which asset of Seibu Group are you interested in?”
“Muji, Yoshinoya, and 21.7% of Bandai’s equity.”
She can pursue Xu Liang to acquire the equity of Bandai Company. After all, Xu has been planning for pan-entertainment.
Pan entertainment includes peripherals and animation. Bandai is the largest toy company in Japan and is involved in the animation industry. If it is controlled or acquired, it can greatly make up for Xu's weakness in peripheral industry development.
"Why should we acquire Muji and Yoshinoya? Do they have business overlap with Xu's?"
"Muji can supplement the insufficient retail channels of Taihua's clothing industry division and has a global presence Yoshinoya, which has more than a thousand chain stores, is very suitable to be promoted through the platform of Taihua Shopping Center.
Of course, the above are just small sections. What really interests me is their potential.
If we acquire it, hold it for a period of time and then release it, we can make a lot of money," Xu Liang said with a smile.
Jiang Xiaoyang nodded slightly. She knew that Hongyan also did private equity business.
It's just that the influence is not as famous as KKR and Blackstone.
“I thought you would be interested in the department stores, hotels and resort centers under the Seibu Group.”
“Large department stores are destined to be eliminated by the times, and I have no interest in being a successor. . The hotels, resort centers and ski resorts developed by Seibu are quite good.
But compared to Japan, there are still a lot of resources waiting for me to develop, so there is no need to take the risk of going to Japan.
And I invest in hotels more as an affiliate of the Taihua City Complex and have no interest in a separate hotel group
It is impossible for those railways under Seibu to be sold to me, a Chinese.
So, I don’t want any of the core assets of Seibu Group that outsiders value. "Xu Liangdao.
As for the Japanese real estate industry, it is even less worthy of investment.
"Are you sure? "
"It's not an enterprise related to the national economy and people's livelihood. As long as enough funds are provided, the acquisition is still no problem. ...Zhongyan Holdings has resumed trading? ”
Jiang Xiaoyang nodded, "A-share trading officially resumed on the morning of the 15th. The market performance is good, and it has reached the daily limit for three consecutive times."
Zhongyan Holdings is a cotton spinning company. Because of Delong's relationship, in Xinjiang Province This major cotton province has been laid out for many years and controls a huge share of Xinjiang Province’s cotton.
Coupled with the support of Taihua Clothing, the industrial chain from planting to sales has been opened up.
Coupled with Hongyan’s year-long modernization.
Reborn from the inside out.
"What's the market value?"
"1.57 billion Huaxia coins."
"Is the listing of Nanfu Battery confirmed?"
"It's confirmed, March 1 Officially listed on the Hong Kong Stock Exchange on the same day, the total share capital is 100 million shares, and 18 million shares are issued at HK$34 per share."
Xu Liang nodded. Although he divested himself of the lithium battery business, he After the acquisition, Nanfu Battery has developed rapidly in the field of alkaline batteries.
Not only has it maintained a 60% share in the Chinese market, it has also continued to develop through Xu's channels in Southeast Asia in recent years.
Already one of the top 5 alkaline battery brands in the world.
"Xiaoyang, don't look for a acquirer for Zhongyan Holdings for the time being."
"Why?"
"I plan to integrate the tomato industry in Xinjiang Province to increase the harvest. The bargaining power of agriculture in the global tomato industry chain ”
Jiang Xiaoyang understood, "You want to acquire Xinzhongji?" The cotton spinning enterprise not only gets rid of internal friction with us in the field of tomatoes, but the global cotton spinning market is also far larger than that of tomatoes,” Xu Liangdao said.
Jiang Xiaoyang nodded.
The likelihood of success is indeed very high if you do this.
“There is one more thing I forgot to tell you. We have contacted Shancheng Machine Tool. They are very interested in Jinling No. 2 Machine Tool Factory and are currently conducting inspections.
Based on the No. 2 Machine Tool Factory There is basically no problem with the financial situation.
So the two parties can close the deal within half a month.
The price will be around 300 million Huaxia coins.”
"Let's make a deal."
Xu Liang said.
The machine tool industry is not large in scale and he has no interest in getting involved.
"Which company do you plan to list next?"
"Tianshan Group and NVC Lighting, Tianshan will resume trading in June, and NVC Lighting will wait until August to list in Xiangjiang."
Tianshan Group is one of the three new Delong shares and the third largest cement and building materials company in China.
Delong Era has an annual cement output of 8 million tons.
In 2005, the above-mentioned regulations on the cement, aluminum, steel, and real estate industries, and bank debt collection, made it difficult for many cement companies to survive.
Tianshan acquired rapidly with the strong capital support of Boss Xu.
In just one year, we pushed our cement production to 27 million tons, an increase of more than three times.
It became a powerful force spanning Xinjiang Province, Suzhou Province, Qilu Province and Guangdong Province. It's a pity that regardless of output or influence.
Tianshan still lags behind Huaxia Building Materials and Conch in the field of cement.
The former has a production capacity of more than 50 million tons, and the latter is close to 70 million tons.
Tianshan seized the opportunity to expand rapidly, and others certainly did not fall behind.
Needless to say, NVC Lighting is the number one in the lighting field.
After Hongyan took a strong controlling stake, although Wu Changjiang had management rights, he took all key departments such as the chief financial officer and HR into his hands.
And through the controlling stake, the modernization reform of NVC Lighting was completed.
Completed the company's personnel adjustment through a strict KPI assessment system.
Cleared the obstacles to the development of NVC Lighting.
In 2005, the total annual revenue exceeded 1 billion Chinese dollars, and the number of directly operated and agent lighting stores nationwide also exceeded 1,000.
Secondly the number one leader in Chinese lighting fixtures.
After Jiang Xiaoyang nodded, "You seem to be more optimistic about Tianshan Group?"
"Why do you say that?"
"Hongyan has many subsidiaries, Jinling Second Machine Tool Factory, Zhongyan Holdings, Nanfu Battery, NVC Lighting, Yuwang Company, Penguin, Kunlun Technology
Among these companies, you have invested the most in Tianshan.
From the acquisition to now, more than 2 billion Huaxia coins have been spent in one year, leveraging nearly 4 billion in funds. ”
In order to raise funds to deal with Old Soros’ dragon-slaying plan.
Hanhua may provide funds or guarantees, so it is inevitable to read a lot of information about Hongyan’s companies. .
“It’s not that I’m optimistic about it, it’s just that the opportunity is more suitable. ”
"A more suitable opportunity?"
Xu Liang nodded, "Since 2004, in order to curb economic overheating, the higher-ups have restricted production of high-energy-consuming and high-polluting enterprises such as steel, cement, and electrolytic aluminum, and banks have called for loans. , many cement companies that expanded with debt in the early stage have experienced financial crises.
This is a good time for mergers and acquisitions to expand.
If Tianshan Group had not been integrating, its foundation was not strong, and its production capacity last year would have been reduced. It’s more than doubled.”
He doesn’t lack money, but he lacks opportunities.
If it weren't for the changes in the above policies, there wouldn't be so many well-qualified companies for him to acquire.
“I recommended Tieben to you, but you refused.
If there is Tieben now, and cooperate with Unocal resources to open up the upstream and downstream, whether it is Unocal or Tieben, competition The strength will far exceed that of similar companies," Jiang Xiaoyang said.
“The truth is good, but I don’t have a long-term perspective.”
When he originally invested in Fortescue Metal Group, he was simply optimistic about Andrew Forrester, who had experienced three ups and downs.
I don’t know that Fortescue Metal Group will definitely be able to find iron ore in the end.
Therefore, there is little interest in steel companies downstream of iron ore enterprises.
“What now?”
“The opportunity has passed.” Xu Liang sighed.
If Tieben or other steel companies are acquired, whether it is acquisition negotiation or integration, it will take at least half a year.
By then, the real estate market will recover and the infrastructure market will resume prosperity.
Who will sell the steel company that is making a lot of money every day?
And there will be a subprime mortgage crisis in two years.
Coming in now, although he is not a catcher, he is not far behind.
“You mean the steel market is going to recover?”
"Last month, Taihua participated in land auctions in Beijing, Magic City, Pengcheng, Yangcheng and other places, and the prices of all land plots increased to varying degrees."
Jiang Xiaoyang understood what he meant.
The biggest demand for steel is the real estate market.
Once the real estate market recovers, so does the steel market.
Most European and American companies diversify their shareholdings. As long as they give management enough benefits, they don't mind selling companies with good performance.
But the Chinese business community is different.
Most companies are in the hands of first-generation founders.
They have deep feelings for the company they founded. Unless they encounter difficulties in operation or they no longer want to work, they will basically not sell it.
“It’s a pity.”
“It’s nothing to be regretful about. There will be many opportunities in the future.”
After looking at the time, Xu Liang stood up.
“No more chatting, let’s go to bed.”
“Yeah.”
(End of this chapter)