Rebirth of the Strongest Tycoon
Chapter 1262 Tiangong Automobile Group Reinforcement
The latest website: The fundraising reception of Jiuding Securities Company was held at the Marco Polo Hotel, a five-star hotel in Tokyo.
In the afternoon, reporters gathered outside the Marco Polo Hotel, but they were all stopped by security personnel.
It can be said that those who are eligible to participate in this fundraising reception are all wealthy people with assets of less than 100 million yen, and none of them even enter the door.
The fundraising reception lasted five hours, from 3pm to 8pm, and included a dinner party.
The end result is very pleasing.
Investors were enthusiastic, and the four funds of 100 billion yen level were all subscribed and raised.
And there are investors who are slow to get on the bus and can only wait for the next opportunity with regret.
In the early morning of the next day, in addition to the "All Day News", many newspapers reported related news.
Jiuding Securities Co. raised 400 billion yen in one fell swoop, which shocked the entire financial market. The whole sky over Tokyo was filled with the smell of lemons. All financial companies are envious and jealous!
At the same time, all institutions raised the threat of Jiuding Securities to the highest level.
If nothing else, just thinking about the horrible cash flow of Jiuding Securities Company, you have to shy away.
Nippon Steel earned 90 billion yen, and this time it successfully raised another 400 billion yen, plus the cash flow that the company must have had before.
Many institutions conservatively estimate that Jiuding Securities has a cash flow of more than 600 billion yen.
Moreover, this huge amount of capital has not been leveraged, and it can not only be used freely, but also appears more secretive due to the lack of supervision.
Anyone who knows that there is such a pacifist-level hunter hiding in the dark must be vigilant.
After all, this amount of capital can horizontally push the vast majority of financial investment institutions in the island country.
You can run over them without any skill!
With such a huge amount of funds in hand, in order not to disappoint investors, Jiuding Securities Company must make a big move to spend the money.
So.
After Nippon Steel, Jiuding Securities Co., Ltd., which side will the blade face?
For a time, undercurrents in the financial market were surging, and many institutions launched their forces behind the scenes, trying to find clues.
Compared with the previous layout, the plan to acquire Aichi Steel Company, which was added later, was discovered because the layout time was shorter and it also had special tasks.
On Sunday, news broke.
Jiuding Securities Co., Ltd. is acquiring Aichi Steel Company from the Nippon Steel camp!
The acquisition of the parent company Nippon Steel failed, and Jiuding Securities Co., Ltd. did not give up, and this time it was aimed at this one!
Fujiwara Ichiro, who received the news urgently, was instantly terrified.
"idiot!"
"Bastard, he's staring at us again, it's too deceiving!"
"idiot……"
Because of being tricked by Jiuding Securities Company, the capital market no longer pursues Nippon Steel's stock, resulting in Nippon Steel's stock price from its peak to 859.4 yen per share at the close on Friday.
To this end, according to the stock price at the close on Friday, companies such as Mitsui Bank and Mitsui Trust Bank have combined losses of more than 230 billion yen.
Although these companies belong to the Mitsui Consortium camp, they are not 100% controlled by the Mitsui family after all. The interests of the shareholders of these companies are damaged, and their grievances are naturally rising.
The shareholders did not dare to vent their anger against the head of the consortium, Genta Mitsui, and Ichiro Fujiwara, the initiator, became the object of anger.
Although they weren't too outrageous, Ichiro Fujiwara had been having a hard time these days. If it wasn't for the company to ignore it, he would have wanted to find a place where no one was there to hide for a while.
But he didn't expect that just when he wanted to be an ostrich, Jiuding Securities Company turned the gun on him again.
This time, he was really helpless.
Nippon Steel will definitely not be able to come up with the money to save it. In the face of Jiuding Securities Co., Ltd., which holds 5.6 trillion yen, it wants to defend Aichi Steel Co., Ltd., which has a market value of more than 60 billion yen. The company is very difficult.
at this time.
"Ring Ling Ling..."
The phone on his desk rang rapidly, startling Ichiro Fujiwara.
He looked at the number, and he was hesitant to change his face, took a deep breath and picked up the receiver.
"President...hey...hey..."
Like a grandson, Fujiwara Ichiro kept nodding respectfully in response, until the end of the call hung up, and he slumped on the chair as if he had found time.
After a long time, he wiped the sweat that appeared on his forehead at an unknown time, got up and left the company.
About half an hour later.
Ichiro Fujiwara came to the residence of the Mitsui family again. When he got out of the car, he happened to see Shoichiro Toyoda who arrived at the same time. His face changed constantly. Finally, he thought of a key point, and suddenly he felt relieved.
"Fujiwara-kun, you are here too."
Toyoda Shoichiro also saw Fujiwara Ichiro, he took the initiative to stop and wait for Fujiwara Ichiro, and greeted with a smile.
Shoichiro Toyoda, who had a higher status, took the initiative to say hello, and Ichiro Fujiwara hurriedly squeezed out a smile in response: "Hello, Toyoda-kun, I was the first to arrive after receiving the call from the president."
"Well, let's go, Mitsui-kun should have been waiting for a while."
Saying that, Toyoda Shoichiro took Fujiwara Ichiro in with him, and the latter took the initiative to fall behind by half.
Although Ichiro Fujiwara is the president of Nippon Steel, he is a professional manager after all.
Toyoda Shoichiro is different. He not only took over the responsibility of his father Kiichiro Toyoda as the president of the Toyota Group last year, but also took over the position of the head of the Toyota family. This is a real capitalist, second only to Mitsui in the Mitsui Consortium. Genta's No. 2 character!
Soon, the two came to the living room.
Mitsui Genta, who was sitting originally, took the initiative to stand up and welcome Toyoda Shoichiro.
"Toyota-kun, you are here, please take a seat!"
"Fujiwara-kun, please take a seat!"
Genta's attitude towards the two was different, and he was obviously more indifferent to Fujiwara Ichiro, and even his smile was much restrained.
Ichiro Fujiwara didn't dare to get angry, he sat down honestly, and put his hands on his knees subconsciously, looking like he was sitting upright.
...
Everyone is their own, and after a few simple greetings, they go straight to the topic.
The topic was Jiuding Securities Company and Aichi Steel Company.
"Fujiwara-kun, tell me about the situation of Aichi Steel."
After being asked by Genta Mitsui, Ichiro Fujiwara replied immediately: "President, before the market closed last Friday, the market value of Aichi Steel was relatively stable, fluctuating around 62 billion yen."
"At present, our company holds 11.2% of the shares, Toyota Motor Corporation holds 6.4%, and in addition, Mitsui Bank holds 2.1%, and Mitsui \u0026 Co. holds 1.4%. Our total shareholding ratio is 21.1%."
In fact, this shareholding ratio has been continuously low, which can only be regarded as a general level.
After all, Aichi Steel was later incorporated into the Nippon Steel camp, and the process of incorporation was also very smooth, because the original shareholders of Aichi Steel wanted to board the ship of the Mitsui Consortium and bind Toyota Group and Mitsui \u0026 Co., Ltd. , to solve product sales problems.
It is precisely because there is no need to worry about sales, so Aichi Steel is more able to concentrate on research in a specific direction. From a crude steel smelting company that was originally the most basic, it can gradually upgrade its grade and be able to develop and produce high-quality products. Automotive steel and engine forgings, becoming an important supplier to Toyota Motor Corporation.
Because Aichi Steel's shareholders are very compliant, Nippon Steel's shareholding ratio is low, but it can still dominate Aichi Steel's operations.
Under such circumstances, Nippon Steel will naturally not spend too much money to increase its shareholding in Aichi Steel. With this money, Nippon Steel has long used it to improve its own heritage.
After listening to Genta Mitsui, he nodded slightly and looked at Shoichiro Toyoda, and said, "Toyoda-kun, what is your attitude here?"
Toyoda Shoichiro said without hesitation: "Aichi Steel is already an extremely important supplier, and the quality of its products has always been stable. Although it is not irreplaceable, if the supply is cut off, it will be a big deal for us. Influence, so my attitude is to do my best to keep Aichi Steel."
"For us, Aichi Steel is as important as Nippon Steel."
Mitsui Gento understands what Toyoda Shoichiro means too well, his face sank, and he asked again: "Toyoda-kun, I don't know how your car research and development is progressing?"
"It's still going well. Our own research and development strength is very strong. The manufacturing of urban SUVs is not too difficult. According to the current research and development progress, it will take at most ten months before the finished car can be launched to the market."
"This speed is actually very fast. There is no way. The most time we spend is on design, and we need to avoid Tiangong Automobile Group's patents as much as possible."
"Will it be effective to block Tiangong Automobile Group?"
Mitsui Genta asked again.
As soon as this question came out, Toyoda Shoichiro shook his face, obviously this question was not so pleasant.
He shook his head slightly and said, "It's not very smooth. The Jiuding consortium backed by Tiangong Automobile Group is very strong, and its relationship network is also very strong. The missing steel and auto parts have temporarily found substitutes."
"Several consortiums on the South Korean side are vying to provide steel for Tiangong Automobile Group."
"As for auto parts, Tiangong Automobile Group spent 100 million US dollars last month to acquire Federal-Mogul in Detroit, Michigan, USA, which greatly compensated for the shortcomings."
"Federal-Mogul is an old-fashioned auto parts supplier, established in the last century. Although it was on the verge of bankruptcy due to the decline of Detroit, its products are not only complete, but also of good quality. Our company still purchases them. Federal-Mogul brake pads, spark plugs and wiper blades.”
Speaking of this, Toyoda Shoichiro couldn't help shaking his head, obviously in a bad mood.
Tiangong Automobile Group has been regarded by him as a huge threat competitor, so he has spent a lot of effort to block it, but the blockade process has not been so smooth, and it is undoubtedly quite frustrating to sit and watch the opponent continue to strengthen.
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