My Age of Investment
five hundred and fifteen
the next day.
In the ATL meeting room, a bidding auction was held to determine the ownership of the company.
Participants included the three founders of ATL, Xia Jingxing and Deng Yuanjun, employees of Mobile Fund, Shanxi Zhesi of TDK Group and his accompanying employees, and three institutional shareholders of Wanwan Venture Capital, Handing, Carlyle, and 3i, also sent representatives.
As the chairman of ATL, Chen Tanghua acted as the moderator of this bidding auction.
After everyone arrived, the old man walked onto the stage, took a microphone, and began to introduce the auction rules.
"The item in this bidding auction is 100% equity of ATL New Energy Technology Company. The starting price is 100 million U.S. dollars, and the price increase in each round is no less than 1 million U.S. dollars..."
After the quick reading, Chen Tanghua glanced at the audience, and emphasized in a heavy voice: "Business is not a child's play. Once the bid is raised and the bidding is successful, the goods will not be returned! In the event of a forced breach of contract, ATL has the right to claim compensation equivalent to 50% of the transaction price. liquidated damages.
If there is no problem, now please sign the agreement between the two parties participating in the bidding. "
After finishing speaking, the old man waved his hand, and Zeng Jiqun and Liang Shaokang each walked towards Xia Jingxing and Shanxi Zhesi with a stack of agreements.
Xia Jingxing took the agreement and glanced at it, then threw it to the accompanying legal review.
In fact, signing the liability clause was his initiative.
If there is no cost of breach of contract, he worries that TDK Group will shamelessly take advantage of the loopholes and follow Vision Capital to raise prices, which will be intimidating.
Once the agreement was signed, it became more difficult for the Japanese to bid up the price.
Shanxi Zhesi was sitting opposite Xia Jingxing, and the legal affairs officer next to him was reviewing the agreement. The old Japanese man looked very bad, and after glaring at Xia Jingxing, he closed his eyes and rested his mind.
Negotiations went bad yesterday, and he suffered a great humiliation. This is something he cannot tolerate, and he must take revenge.
In a state of rage, as soon as he returned to the hotel yesterday, he immediately called the president in the Tokyo headquarters, and reported everything including how Xia Jingxing was rude and how he humiliated him.
It is worth mentioning that Shanxi Zhesi knew how much he was, and was worried that his weight was not heavy enough. He also emphasized several times to the president of TDK: the arrogant and ignorant Chinese said,
To use dollars, smash their 70-year glorious history of TDK Corporation into a pile of shit.
Xia Jingxing was worried that the heat was not strong enough, and he did say this yesterday.
But just as Xia Jingxing guessed, the president of TDK is not a pig.
Although the president was very angry, he still asked someone to call the staff who accompanied Shanxi Zhesi, and confirmed what happened again.
Tetsuji Shanxi had been prepared for a long time. He knew that the Tokyo headquarters might call to inquire about some of his subordinates. He had already warned several of his subordinates yesterday, telling them not to talk nonsense.
However, compared with the president, Tetsushi Shanxi, the executive executive director, is still a bit weaker. The employees dare not collude with him. If the Tokyo headquarters makes a slight threat, these people can't bear the pressure. sold.
TDK headquarters quickly evaluated this matter, and the president called Shanxi Zhesi back, and the reply was: the company fully supports you, and will increase your acquisition budget by 10 million US dollars. You must save face, and at the same time give China man a lesson.
When the old man heard this reply, his heart sank! The words are nice, but the budget has only increased by 10 million US dollars, which clearly means giving up the acquisition! What is the difference between surrender and surrender?
The reason why TDK Tokyo headquarters did not choose to directly withdraw from the bidding was also because they were worried about losing face.
At the same time, he also kept his mind on the possibility that he might be able to defeat Vision Capital in the acquisition and save face.
Although this possibility is small, it does exist.
The reason why more budgets were not approved was that Xia Jingxing's "empty city plan" had worked.
The Japanese studied for a whole night last night, and countless social animals worked overtime, desperately collecting details of the transaction and negotiation of "Ari's D round financing".
In the end, I came to a conclusion: Chinese people have money, and they are willing to spend money, and they will not give up until they achieve their goals.
This analysis made the president of TDK completely troubled. Although Shanxi Zhesi added fuel and vinegar, the Chinese really insulted their company, and Shanxi Zhesi still followed his cronies for many years.
In terms of personal and national feelings, he wants to teach the Chinese a lesson.
But back to reality, TDK is not his personal property, and he is only a professional manager, who needs to be responsible to the major shareholder family that has been passed down for several generations, as well as other external shareholders and public shareholders of the Tokyo Stock Exchange.
Compared with the location of my own home, everything else is just floating clouds.
This is where Xia Jingxing's advantages are reflected. Vision Capital is his own company, and he can do whatever he wants, without any constraints, and the universe is arbitrary!
In the end, the president of TDK approved an additional acquisition budget of 10 million US dollars, which was his greatest support for Shanxi Zhesi, his confidant.
No matter how many, the shareholders might tear him apart.
Shanxi Zhesi still didn't give up completely in his heart, and was thinking hard about a way to break the situation.
Suddenly, the Japanese old man opened his eyes and whispered something to the translator beside him.
Then, the translator raised his head and said to Xia Jingxing who was sitting across from him: "Mr. Xia, Mr. Shanxi said that the quotation efficiency is too low. He wants to increase the interval between each quotation to 10 million US dollars."
Xia Jingxing glanced at the Japanese old man who was staring at him, and said calmly: "Tell him, this is the rule set by ATL company, if you don't want to abide by it, then get out."
After listening to the translation, Shanxi Zhesi's face darkened. Originally, he wanted to cheat Xia Jingxing with an extra ten million dollars.
But the other party was not stupid, and his plan fell through completely.
Representatives of Carlyle and other three institutions were quite moved by the plan proposed by the Japanese, adding ten to ten million, how exciting it would be!
Originally they thought that ATL was a mess, but it turned out to be a hot item, and it attracted two large companies to bid.
They are looking forward to today's bidding auction, and they might be able to sell it for a sky-high price.
Thinking of this, Gan Renping, director of Carlyle Asia, Xu Xiaofeng, partner of 3i Capital Asia Pacific, and Xu Dalin, president of Handing Asia Pacific, looked at each other.
In the end, Xu Dalin, who had the highest status and position and was a member of the American Committee of 100, spoke first: "Since TDK Group has a request, I think it should be satisfied."
Xia Jingxing was very clear about what these people were thinking, and said with a smirk: "The rules that have been decided, it's not good to change them rashly, right?
This is just a request from TDK, and they have been satisfied. What about Vision Capital? This is a two-party bidding, not a one-man show. "
Hearing the dissatisfaction in Xia Jing's lingo, Xu Dalin sneered, and stopped talking. After all, if Envision Capital left in anger, it would be even more unfavorable, which means that they would be squeezed by TDK.
Xia Jingxing is no stranger to it. These people who are in finance and think they are smart, love to see stitches, and as long as they see a slight benefit, they will try their best to try.
The representatives of the tripartite organizations were also afraid that Xia Jingxing would be angered, so Xu Dalin tried it out, but it didn't seem to work, and the other two also gave up the idea.
After these two small episodes, the room was finally quiet, and no more moths appeared.
After sitting for a while, the legal affairs also thoroughly reviewed the agreement. Deng Yuanjun and Shanxi Zhesi signed the agreement on behalf of the two companies.
With a sound of "start", Li Tanghua hit the auction stage with a hammer.
The auction has officially started!
"101 million!"
Shanxi Zhesi was the first to raise the placard, and then squinted at Xia Jingxing with a provocative look on his face.
"110 million!"
Xia Jingxing ignored the Japanese old man and directly added it to the tens of millions.
He doesn't know TDK's psychological reserve price, and the analysis he made with Zeng Mengqun yesterday may not be 100% correct.
What he has to do now is to show his momentum, show the energy of not bad money, and constantly put pressure on the Japanese psychologically, so as to reduce the acquisition cost.
The three institutional shareholders listened to Shanxi Zhesi and Xia Jingxing's quotations back and forth, not to mention the excitement in their hearts.
Especially Xia Jingxing's attitude that he was not short of money at all made them happy, the smiles on the faces of the three never stopped.
"110 million US dollars, there is no price increase."
Li Tanghua yelled, and then glanced at Shanxi Zhesi. This old Japanese man who had just provoked Xia Jingxing with his eyes seemed to be a shrinking turtle.
But the way the other party was sitting upright didn't seem to give up, maybe it was a psychological tactic.
Gan Renping, Xu Xiaofeng, and Xu Dalin took a look at Shanxi Zhesi and guessed that they might be playing tactics.
"110 million dollars for the first time!"
"110 million dollars for the second time!"
Li Tanghua slowed down his voice, and glanced at Shanxi Zhesi again.
Gan Renping and the other three were in a hurry, and some of them began to cough violently, as if they had a serious cold.
Shanxi Zhesi still acted as if he had never heard of it, his waist was straight, but what he did was so cowardly!
"The third time for $110 million! Deal!"
Li Tanghua swung the auction hammer in his hand, and it hit the auction stage with a "bang".
The moment the sound sounded, Zhesi Shanxi, who was like a statue, finally moved. The old man suddenly raised the sign in his hand and spoke Japanese with a puzzled expression: "Nani?"
The Japanese old man babbled a lot and looked very excited.
The translator said in Chinese: "Mr. Shanxi said that he was old and his reaction was a bit slow. He originally wanted to make the quotation at the moment before the hammer fell, but he was a little bit late in speaking.
Excuse me, can you give him another chance to quote. "
After hearing this, everyone was dumbfounded. What kind of fairy operation is this?
The three of Gan Renping scolded this Japanese old man in their hearts, do you play auctions like this?
They thought they would kill each other and bid a sky-high price!
As a result, in one round, he was defeated!
Of course, everyone was more skeptical. The Japanese didn't bid a bit late, but he frankly admitted that he was scared, but he wanted to save some face.
Everyone didn't bother to expose it, after all, if there is no grievance or enmity, no slap in the face!
Xia Jingxing pouted, ready to speak, he wanted to make the Japanese old man lose face again.
But after thinking about it carefully, I felt that it was unnecessary, so I swallowed the words again.
What if the old man is really demented and his reaction is a bit slower? Wouldn't that be asking for trouble and causing trouble?
Noticing that Xia Jingxing's mouth was moving, as if he wanted to speak, Zhesi Shanxi became impatient, so he spoke quickly and asked the translator to do the simultaneous translation.
"Hey, the rules are the rules. This time we made a mistake in the operation. We should take the responsibility. I will ask the Tokyo headquarters for the responsibility! That's it!"
Although Shanxi Zhesi was very sad and humiliated, he still pretended to be sorry, shook his head and sighed and said such words of respect.
After finishing speaking, the old man didn't dare to stay longer, and left quickly with a group of employees, maintaining the last trace of decency.
Xia Jingxing and the people in the house looked at each other in blank dismay, unable to react.
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