Military Industry of Great Powers: Build the Strongest Flanker
Chapter 170 Buy, buy, buy to build the most advanced research institute in Asia
In the office of the president of Goldman Sachs, Vladimir was still unfinished. He put his legs up on the table and re-filtered the scene of meeting Zhao Guoqing in his mind over and over again.
Seeing the beautiful blond assistant, he said thoughtfully: "Jacob Luxeto once said that a person's desire for money is related to the environment in which he grew up. A maintenance worker, perhaps his dream Just one car is enough, but what does it mean if a person's desire for money exceeds his environment? May, can you understand?"
Mei Harili, assistant to the president of Goldman Sachs Asia, said: "Isn't this good? Mr. Vladimir, only people like this can become our best customers!"
Vladimir shook his head. Beautiful women don't need to think. They have more ways to obtain money, but he himself, if he wants to have wealth, needs to do more.
For example, Mr. Zhao obviously has other ways to obtain more U.S. dollars, but now he chooses an extremely risky way to short the ruble.
Why?
Goldman Sachs had the best information, but he had no information.
Two billion rubles, worth 20 US dollars, will be more than 1.8 billion after the sale. Including handling fees, Zhao Guoqing can only get 1.5 billion US dollars.
With this deal, Goldman Sachs could earn 500 million.
If Mr. Zhao borrowed directly from Goldman Sachs, he could have pledged US$2.5 billion. The US$500 million lost was because Goldman Sachs wanted to avoid the risk of ruble appreciation. After all, the loan came in the name of Goldman Sachs.
"I can also borrow a million rubles, yes, let's have fun!"
Watching a football game without sponsoring some jackpots will not be a fun experience.
"Mei, call Alex Chapman, manager of the operations department, and ask him to come to my office!"
"OK!"
…………
Goldman Sachs was very efficient. It only took a month for the funds to come down. It was not easy for Zhao Guoqing to use the money. He also needed to report to the foreign exchange department of the central bank.
Of course, it can be used without reporting, but it may involve violating foreign exchange controls. Teacher Xiao Zhao does not want to get involved in this problem.
Compared with these troubles, the internal affairs of CITIC gave Zhao Guoqing an even bigger headache. The main problem still lay with Motorola. They could not receive shares from Zhao Guoqing, so they turned to the remaining 21 promoter shareholders.
At the shareholders' meeting, Teacher Xiao Zhao took the partnership agreement and said to these new multi-millionaires: "It's very clear. If you want to sell equity, at the same price, you must give priority to the partners. Now, without my knowledge, Motorola's shares have increased from 20% to 23%. Can any of you explain to me what's going on?"
"..."
No one spoke, everyone lowered their heads.
Zhao Guoqing sighed and said to Chen Zuomin in the front row: "How much did you sell? Has the contract been signed?"
"0.07% equity, $1 million!"
"Go to Motorola and redeem it!"
Chen Zuomin suddenly panicked.
"No, Mr. Zhao, I can't redeem it. If I redeem it, I can't afford the liquidated damages!"
How to pay the $300,000 liquidated damages? It’s more than one million yuan, how can I pay it back?
Zhao Guoqing looked at everyone and said, "Where are you?"
Thirteen of the twenty-one people stood up, which was shocking! They are all those with relatively large shares.
Zhao Guoqing thought for a while and said: "Since you want to withdraw, just withdraw them all. I will pay you whatever price Motorola gives you!"
Zhao Guoqing called Zheng Fei's mobile phone.
"Mr. Zheng, do you dare to be interested in CITIC's stocks?"
Zheng Fei said: "What? Director Zhao, have you thought of a more interesting project?"
Zhao Guoqing shook his head and said: "No, a group of people under my command are thinking about withdrawing their shares. I'm wondering if Huaneng wants to hold a part of the shares, about 8%. How much money do you spend? CITIC also plans to spend the same money to buy Huaneng's shares." , our two companies have cross-shareholdings, what do you think?"
"Okay, a base station and a mobile phone are just brothers in the trenches!"
Zhao Guoqing nodded, hung up the phone, and said to those who sold the shares privately: "Either sue and you will pay Motorola's liquidated damages, or sell the remaining shares. You can choose for yourself. If you have not sold the shares, you can also transfer the shares if you want." , I took it all. If I want to transfer the shares and cash out in the future, follow the procedures..."
…
After this incident, Zhao Guo's shares rose by a point to 68%, Huaneng held 8%, and the remaining shares held by natural persons were less than 1%.
Motorola's shares increased from 20% to 23%, which Zhao Guoqing could not tolerate.
Zhao Guoqing took Motorola to court with a partnership agreement and a complaint...
As soon as the court summons was issued to Motorola, Walter Brack, President of Motorola China, couldn't sit still.
A three-point shareholding doesn't matter, but it would be troublesome if it affects cooperation with CITIC.
"Mr. Zhao, Motorola is willing to return the shares to the original shareholders at the original purchase price."
Zhao Guoqing shook his head and said, "No need, just transfer everything to me!"
Seeing these thirteen transfer agreements, Zhao Guoqing really wanted to scold these short-sighted people.
Motorola valued CITIC at US$2 billion.
Citigroup’s valuation of Zhao Guoqing’s 67% stake is US$3 billion.
And this group of people generally reduced the acquisition valuation by half, which is considered to be a fierce sale.
I wonder if they will regret it decades later.
But at this time, he probably has no regrets. Lu Yunsheng, who holds 0.9% of the shares, took more than 3 million yuan, and the wrinkles on his face have never been smoothed.
After buying the shares of these three points, Zhao Guoqing's shares rose to 71.1%, making him the largest shareholder of Zhongxun.
…………
When it comes to using foreign exchange, it always touches the sensitive nerves of many people.
Zhao Guoqing's application for using foreign exchange was mainly to purchase equipment and production lines.
"High-precision sensing equipment, testing equipment, high-temperature electric furnaces, carbon fiber production lines, computers, photolithography machines, high-precision CNC machine tools, five-axis machining centers..."
Whether to approve or not, the central bank does not dare to make casual decisions. Just like last time, many of them are instruments and equipment that the country cannot buy even if it wants to.
Look at this amount, good guy, it’s another 1.5 billion... US dollars... using the same method, still the same taste...
Is the ruble so fragrant?
Willing to spend an extra $500 million in handling fees!
Well, people are willing.
However, this time CITIC has gone beyond the control. After the last incident, the state-owned assets have issued a document to all state-owned enterprises and collective enterprises. Private loans from foreign banks are not allowed. All financial services must be approved by the state-owned assets, the central bank and other competent authorities. Just fine.
But now, it is a private company that cooperates with foreign banks. Even if the entire company is sold to foreigners, it seems that they have no control over it!
China has not used national security to prevent foreign companies from acquiring private companies in China!
"Director He, I know this company, Zhongxun Company, the new domestic mobile phone is produced by their company!"
"Ah, no wonder it looks so familiar!"
There are always people who don't know about Teacher Xiao Zhao's deeds, but Teacher Xiao Zhao's wealth has far exceeded their imagination.
The central bank's request for instructions will be forwarded to various ministries and commissions for comments.
When Director Liu received the request for instructions, he had mixed feelings. He was silent for a long time and signed the word "Read" on it.
The opinion of the General Staff is that he has no opinion.
After collecting seven "reads", the central bank slapped the big blue seal of "agree" heavily on the approval form.
…………
Motorola's US$500 million equipment was used by CITIC to build its own chip processing plant, carbon fiber production line, metal precision processing plant and PCB integrated circuit processing plant.
The US$1.5 billion loaned by Zhao Guoqing was Zhao Guoqing's own money.
"A materials research center, a computing research center, a laser high-energy physics research center, and an automated electrical research center!"
Although US$1.5 billion is a lot of money, it is somewhat stretched when divided among four research institutes.
But Zhao Guoqing is happy. The money issue is easy to solve. The important thing is that now he finally has a modern laboratory that he can control alone.
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