Pioneer of the Rebirth Era

Negotiations on the share transfer did not go smoothly. Even though Adams' sudden intervention made Nokia's top management wary and anxious, the negotiations were still a bit difficult to start.

The reason why the negotiations reached a deadlock at the beginning was because Yang Dongxu was too harsh. He raised the price very high at the beginning and refused to let go.

The person who exchanged an equal amount of shares in Nokia's parent company and also wanted to take over shares in Nokia's mobile phone business paid him a price difference of 3.36 billion euros.

Yang Dongxu owns a total of 26.3% of the shares of Nokia's mobile phone business, and also holds the power of the general agent in Asia. At first, Nokia Mobile was optimistic about the Asian market, but not the Chinese market.

Because the Chinese market gave the West the impression of a poor and backward country at that time, and mobile phones were obviously not within the reach of ordinary people.

So Yang Dongxu happily stood up and won the mobile phone agency rights that no one was optimistic about the market, and even signed a military order for this. If the annual sales of the mobile phone business cannot meet the minimum requirements of Nokia Corporation, then Yang Dongxu will need to pay for the difference.

Supplement yourself.

Everyone thought Yang Dongxu was crazy when he signed this agreement. In order to save the face of his country, he actually filled it with his own money. But now it seems that this decision undoubtedly made many people who saw the joke feel pain in the face.

Yang Dongxu was indeed losing money in the first two years after signing this agreement, and had to spend tens of millions of dollars every year to fill the gap due to substandard mobile phone sales.

But since the domestic economy began to gain momentum and people were able to afford mobile phones when they made money, Yang Dongxu turned around from losing money to making a profit in an instant, and his annual profits are increasing at a rate of 50%.

Last year, the sales and export volume of Nokia mobile phones in China reached an astonishing 10.7 billion euros, of which 20 million units were sold in China. The net sales were as high as 6.3 billion euros. Yang Dongxu made a net profit of 100 million euros.

The telecommunications business of Nokia's parent company is great, and it is currently an absolute international giant. But this reputation is far from reaching the peak period when Nokia quickly transformed and built a telecommunications business kingdom after the collapse of the mobile phone business in later generations.

Therefore, Nokia's mobile phone business collapsed a few years later. Although the decline of the mobile phone business was more than just the loss of an arm due to its successful transformation into a telecommunications giant. But now the profits of the mobile phone business account for half of all profits of Nokia.

even more.

Therefore, Yang Dongxu did not make money by exchanging the shares of the parent company for the shares of the mobile phone business. Instead, he lost money. In addition, Nokia executives also insisted on the coveted domestic mobile phone agency rights. So Yang Dongxu insisted on the compensation agreement with a sky-high price.

The shares of the parent company were exchanged for equal value, and this time Yang Dongxu not only only wanted the dividend rights, but also held all the rights to the shares in his hands.

Therefore, if the exchange is equivalent, plus his previous holding of 5.36% of the shares of Nokia's parent company, his share of the shares in Nokia's parent company will reach an astonishing %, making him the absolute major shareholder.

In addition to signing the agreement, he can no longer receive dividends from the currently booming Nokia mobile phone business and loses all rights to the mobile phone business company.

Even if he wants to reorganize Nokia's board of directors, these shares are enough. You must know that Nokia's parent company's current second largest shareholder only occupies 10% of the company's shares.

So this is not just a matter of making up the price difference. Once the share swap is completed, Yang Dongxu will become the leader of Nokia, although he has not expressed any intention to serve as chairman.

Moreover, the swap provisions also clearly stated that after the share swap is completed, it will not intervene in the mobile phone business, but will fully develop Nokia's emerging telecommunications business, creating another heavy fist for Nokia.

But no one can look down upon % of the shares, not to mention the sky-high compensation agreement of 3.36 billion euros.

So the negotiations reached a deadlock as soon as they started, but Yang Dongxu was obviously not in a hurry. He was still not in a hurry even if Adams didn't intervene.

Because Nokia's domestic sales will continue to increase by 50% in the past few years, which means that he has made hundreds of millions of euros through Nokia mobile phones in recent years. This year, the profit difference can even reach an astonishing 2.8 billion euros.

This is just the profit from mobile phone sales. If we add that almost three-quarters of Nokia's global mobile phone sales are produced by him, then the money he makes from Nokia alone in a year will double.

You must know that last year, Nokia's global cumulative sales exceeded 200 million. This year, it will not be a problem to add another 100 million to this basis.

So Yang Dongxu is not in a hurry at all. Anyway, he is still making money every day as the negotiation drags on. He is not in a hurry even if it takes him a day to play with the global layout of Nokia's telecom business.

After all, Nokia's foundation is too strong. In the last generation, when Apple came out of nowhere, Nokia's mobile phone kingdom collapsed instantly. Nokia quickly adjusted and decisively gave up its mobile phone business and switched to telecommunications business.

With the patents and excellent telecommunications business in hand, the annual profits after the successful transformation are definitely incomparable to what they are now. At the peak of Nokia's mobile phone business, annual profits exceeded 80 billion US dollars. After the transformation, it was unable to adapt for a while, and the annual profits continued to decline. Finally,

After the period of underestimation, it was about US$26 billion.

But this 26 billion is still making money. At the same time, they did not deploy it as quickly as possible before. After being seized by other telecommunications companies, although the transformation was successful, they lost the opportunity to make profits.

At present, 2G is the mainstream in the global communications market, and 3G is beginning to appear. 4G is still just a concept. After 2008, Nokia's mobile phone business declined rapidly. It happened to be at the peak of 3G business, but Nokia got on board halfway.

In the end, he finally climbed into the 4G private car and was not the boss. But after a few years, the transition time was even faster, and he was not given time to deal with it at all, so he could only rest on his laurels. But he is also a Fortune 500 company who rests on his laurels.

The profit is still over 260 US dollars, killing more than 90% of the companies in the world.

So Yang Dongxu is not in a hurry now, even if he is a little late in telecom layout, he will still be making money no matter how late it is. And there is also a China Telecom that is quietly developing in China.

The only reason why he insisted on exchanging the shares of Nokia's parent company was actually because of Nokia's strong technology and patent reserves in the telecommunications industry.

If he can win them all, he won't have to worry about the technologies of Apple or other telecommunications companies at all. He will directly launch 3G technology. Even if he can't make it in time, he can get on the first train of 4G technology and greatly reduce the research and development of 5G technology.

However, his approach was not too subtle, because he had already shown a strong interest in Nokia's telecommunications technology when he first came into contact with Nokia many years ago.

In recent years, they have often used their status as shareholders to purchase these technologies from Nokia. So now the shareholders of Nokia, even if they see Adams getting involved, are not anxious, they have also discovered this.

Except for Nokia, no other company can provide Yang Dongxu with such cutting-edge telecommunications technology and patents. Whether it is the United States or other European countries, or even Japan, South Korea, etc., which have outstanding telecommunications technologies in Asia. At this point, for China

The attitude is to adopt a blockade approach.

So as long as Yang Dongxu doesn't get the rights to use Nokia telecommunications technology and those patents, they are not afraid that he will run away. So this is a game of patience to see who can resist it first.

Therefore, after the negotiations reached an impasse, Yang Dongxu continued to take his family on a European tour without hesitation, and did not spend any time in Finland.

"In fact, in my opinion, even if they are willing to make up the difference in the share conversion agreement, we will still suffer a loss. They are just sure that you want Nokia telecom technology, so they are confident." After putting the little guy to sleep on the plane, Zhou

Ya picked up the share swap contract drafted by the company team in accordance with Yang Dongxu's wishes and spoke.

"Now it seems that of course it has suffered a loss, not only a loss but also a big loss. The current net sales of Nokia this year are 41.1 billion euros. Almost half of them come from the mobile phone business.

This proportion is still increasing. It is estimated that in two years' time, the net sales of the mobile phone business will account for two-thirds or more of Nokia's net sales.

Of this net sales, 6.3 billion euros this year came from China, which already accounts for one-seventh of the net sales of Nokia’s mobile phone business.

This share conversion plan is not only about the shares in the mobile phone business, we also have to give up the agency rights of Nokia mobile phones in China, and the inflow and outflow will definitely be more than 3.36 billion euros." Yang Dongxu said with a smile.

"Then you..." Zhou Ya looked at her husband in confusion.

"There is no way. Even though I have been poaching people in domestic telecommunications technology over the years. But the Soviet Union's technology has fallen behind after all. Standing on their shoulders, the starting point is not low.

Compared with telecommunications giants such as Motorola, Ericsson and Nokia, which have been continuously researching and developing, our technology is still at an absolute disadvantage. It will take more time to catch up, and what I lack most now is time.

So this 3.36 billion is actually the reason why I filled it in. Its real purpose is to make Nokia feel that I am still reluctant to give up the mobile phone business.

But they had to make this deal in order to develop China's telecommunications business. So it doesn't matter whether the money is needed in the end, but they must come up with some top telecommunications technology to offset this part. Otherwise, it will be too cheap for them, because Nokia

The mobile phone business will be really profitable in the next few years, or it will be super profitable."

"How many years from now?" Zhou Ya grasped the key point of her husband's words.

"In a few years, Nokia's mobile phone business will die very ugly." Yang Dongxu smiled mysteriously.

"How is that possible?" Zhou Ya exclaimed, feeling that her husband was joking.

Although he has lived in the countryside for a long time, it does not mean that she knows nothing about the outside world. Nokia has made rapid progress in recent years, but its foundation is very solid. It can crush the American Motorola and Ericsson, and the global mobile phone industry is well-deserved

The existence of N0.1.

If the foundation is not stable and the United States likes to engage in espionage activities and seize other companies' leverage for blackmail, Nokia will be finished long ago.

Therefore, Zhou Ya did not see the slightest possibility that this company, which was growing rapidly and developing extremely solidly step by step, would collapse.

"It's because everyone thinks they can't do it, so they can sell it at a good price." Yang Dongxu couldn't help but feel a bit proud in his smile. This feeling that everyone is drunk and I am alone can greatly boost the vanity of pretending to be X.

satisfy.