Rebirth Turn of the Century

People are always used to magnifying bad things and any small harm. As for beauty and being treated kindly, what is that?

Just like Zhao Song, he will always remember that he once stood at the peak of 6,000 points in the flower stock market, and he will never be glad that he only lost 8,000 yuan, although that was the vast majority of his property at the time.

Of course, in his last life in 2008, after losing 8,000 yuan, he was still looking forward to one thing—that is, if he bought Volkswagen shares at a price of 30 euros in the German stock market in July , What a wonderful thing that would be.

Because, in just three months, VW's stock price rose to 1050 euros (real event).

For Zhao Song, it was a cruel and beautiful memory: that year, when the A-share market plummeted, there was also the Porsche acquisition of Volkswagen that shocked the world, and the two companies with the same founder and different founders fell in love and killed each other. story.

Back to Shuilanxing in time and space, before Liao Yingzhu left for the United States, Zhao Song asked her and the professors of Yangcai a question:

Will the answers to two math word problems be the same under the same conditions except the environment?

Zhao Song got the same answer: the same.

Because people's hearts will change, human nature will change, only greed remains unchanged.

That is the cyclical invariant truth!

OK, let’s do it, after all, it’s not easy for a reborn person to remember a big event, so let’s maximize the benefits no matter what.

July 27, 2001.

Wanwan played the king bomb: Fantasy, Acer placed an order for Huashi, the godfather of PC entered the market, and the entire IT sector of the Wanwan stock market skyrocketed.

However, Wanwan didn't know how Zhao Song would forget his fantasy, and how could he miss Acer's two large-scale enterprises.

While they made Zhao Song's initial delay purpose declared bankrupt, they also made Zhao Song's strategic plan to start a backup tire, turning a commercial war that extended to the financial field into a complete financial war.

So, starting from July 28th, the Zhao Song family disappeared completely, leaving only Liao Yingzhu leading her shell company DNW to charge into battle:

At 14:00, DNW officially issued an offer to the board of directors of Huashi Technology Group, and will discuss with the board of directors of Huashi about the acquisition of Huashi at a price of NT$125.

DNW formally hostile takeover Huashi!

Only one hour later, Huashi’s board of directors rejected DWN’s offer—both the shell company DNW and Tesla behind it are much smaller than Huashi Group, and Huashi couldn’t find any reason at all. Agree to this nonsensical takeover offer.

On August 1, DNW claimed that its acquisition offer was supported by its own company and most shareholders of Huashi Company.

Also only an hour later, Huashi Group announced that it was considering acquiring the electronics foundry giant Inventec at a price of NT$28.7 billion—they wanted to make the cake bigger, so that even if DNW had a big appetite, it would not be able to eat it.

Of course, the whole world knows that Huashi is joking, because the biggest characteristic of electronic companies like Wanwan is the founding company. Who wants to make wedding clothes for others with the company they have worked so hard to create?

However, the picture of Shi Xuebin swearing to the reporter still gave confidence to countless stockholders.

On August 8th, DWN, which had been silent for many days, raised its offer again, and issued an offer to Huashi at a price of NT$288 per share, which was a full 50% higher than the market price, and contacted many Huashi shareholders in private, promising that when DNW was completed After the acquisition, a total of $56 million in compensation was provided to them.

All of a sudden, public opinion was uproarious, and the global financial circles began to pay attention to this hostile takeover and anti-takeover battle!

At the same time, a large number of hedge funds in Europe and the United States have participated in the great (zuo) big (si) and profitable business of speculation. At this time, the stock price of Huashi Group in the market has risen from 125 to 208 New Taiwan dollars.

On the Huashi trading interface of the stock market, there are only a large number of selling orders listed, but the buying position is blank.

On August 14, the chairman of Eminence Capital, one of DNW’s shareholders, announced in an interview with financial media reporters that Huashi Group would consider DNW’s acquisition offer.

On that day, Huashi’s share price was NT$331.

On August 15, Ms. Liao Yingzhu, CEO of DNW, said in an interview with the Wall Street Journal that the remarks made by the chairman of Excellence Capital were completely fabricated and would consider suing the local court for the disclosure of business secrets by Excellence Capital to competitors.

That day, Liao Yingzhu saw through the third undercover agent sent by the Wanwan side.

Huashi quotes NT$355.

On August 21, DNW announced again, claiming to hold 23.44% of Huashi shares. At the same time, Shi Xuebin urgently purchased an additional 500,000 shares to ensure his shareholder status. With support, this share is just a drop in the bucket.

That afternoon, Zhang Jianmou hurried into Huashi headquarters, and after discussing with Shi Xuebin for a whole afternoon, he left with a confident smile.

An hour later, the smug Shi Xuebin walked in front of many financial reporters and declared:

"As long as DNW abandons its plan to acquire Huashi Group, Huashi is willing to issue a purchase offer to DNW at a price of US$950 million."

At the same time, Excellence Capital, as a 5% shareholder of DNW, applied to the court to prevent DNW from refusing to negotiate with Huashi Group.

With the declaration of Excellence Capital, DNW’s capital structure is also exposed to the global capital market. In addition to the number of shares held by major shareholders, DNW has also been disclosed the fact that it holds 4.79% of Tesla’s shares.

Repaying him in the same way, half a month later, Huashi counterattacked and hostilely acquired DNW Co., Ltd.

On that day, Huashi quoted NT$411.

"Bamboo, do you know what is the coolest thing in the financial field?"

"The Jedi counterattack?"

"What's better than fighting back from the Jedi?"

"."

"It's the hero of the Jedi counterattack Jedi counterattack!"

"."

Is this a double yes or a double and no?

August 28, 2001.

Liao Yingzhu, who walked out of the terminal of Wanwan Taoyuan International Airport, still remembered the words that Zhao Song used to tease him.

She smiled and looked around:

In front of you, there are busy roads, skyscrapers in Yuntun, and traditional Chinese characters that are both familiar and unfamiliar.

This is the flower planter's home in Wanwan Province. A girl from a mountain village came here in August 2001 after two trips across the Pacific Ocean.

Option is a common investment method abroad (there are but not many in China). It is divided into two types, one is call option and the other is put option. The call option is to give the buyer a right to purchase a specified amount of shares of a company at a specified price after a specified date.

The put option is the opposite. After reaching the specified date, you can sell a specified amount of shares of a company at a specified price.

It is a kind of financial derivatives business, all transactions are outside the market, hidden and without trace.

On this day, when Liao Yingzhu came to Wanwan, as the CEO of DWN Co., Ltd., he signed option transactions with many investment companies, and the date when those investment companies will exercise their rights is

September 18, 2001.

"Liao."

Telling the exercising commercial vehicle, David said worriedly, "I don't understand the significance of the date of September 18 at all. Similarly, adding all the options you can get this time, it will not reach the goal of holding Huashi. Purpose."

Liao Yingzhu looked at David with a smile on her face, and asked:

"David, what do you want to ask?"

"What are your plans?"

"Buy Huashi."

Liao Yingzhu replied with a smile, "Then integrate Tesla and Huashi Group. After all, the two parties are perfectly compatible in terms of resources, skills and complementarity!"

"I don't see the possibility of a successful acquisition at all!"

David said angrily, "And what is Zhao Song doing during this time, and what day is September 18?"

"I don't know either!"

Liao Yingzhu spread her hands and said with an undiminished smile, "That's when Zhao Song decided. Also, even if we fail, we will lose 18.9 million US dollars and Tesla's shares."

With 19.8 million US dollars, 46 times leverage, and more than 5% of Huashi's shares, this is the final report card of Liao Yingzhu's extreme micro-management!

David's face darkened in an instant: "Liao, if we sell the Huashi shares in our hands now, we will make a profit of 1.5 billion U.S. dollars."

Liao Yingzhu stared at David without fear:

"David, what was our original purpose?"

"Delaying the counter-cyclical pace of the Wanwan foundry industry."

"Why?"

"Because we are the underwriters of Shenzhou's listing on the New York Stock Exchange, the higher the share of Shenzhou in the foundry sector, the greater our income!"

"So?"

"So?"

David stared at Liao Yingzhu in disbelief, and shouted: "So, because of your country's fantasy and Wanwan Acer's order of Huashi, the foundry sector here has soared, and those Wanwan companies are not short of funds to expand in the mainland. , so our plan is bankrupt!"

"Crack~"

A newspaper was thrown in front of David. Liao Yingzhu patted the newspaper and shouted back at David:

"On August 23, Suzhou Province and Shenzhou reached an investment agreement to lend 1.3 billion RMB to Shenzhou to establish the Suzhou Industrial Park as the third industrial base of Shenzhou Technology Group."

"Crack~"

"Crack~"

Liao Yingzhu patted the newspaper angrily, and also looked at David gloomyly:

"Mr. David, Wanwan Enterprises is not short of money, why is this investment taken by Shenzhou Technology?"

"."

David was silent.

"Because they not only want to be white wolves with empty hands, but also want to obtain the rights of first-class citizens in the mainland, and they must appear superior in every way!

Who the fuck gave them the guts?

The same conditions, instead of giving these bastards, why not give it to Shenzhou Technology, which has invested sincerely? "

Liao Yingzhu's roar became louder and louder.

". Liao."

David swallowed hard, moved his hands frantically, motioned her to be calm, and said in a soft voice:

"The key point is Shanzi. The expansion of Shenzhou is a good thing, but what about Shanzi?

Yizhuang, the capital city, and the ultra-large-scale industrial park in Guancheng, and now a 2 billion industrial base in Jiangsu province, will Shenzhou have so many orders? "

"So"

Liao Yingzhu tilted his ugly head to look at David, lowered his voice and said, "So you asked why Zhao Song didn't move during this time, and I'll tell you, he's busy trying to get an order."

David smiled wryly, took out the financial magazine in his briefcase, pointed to the numbers on it and said:

"Liao, so what if you get the order, look at the rise in the foundry sector in the Wanwan stock market, how much can you lower their price when you get the order?

Liao, AUO, Guangda, Wistron. These companies are not short of money now! "

"."

Liao Yingzhu looked at David in a daze, and after a long time, she asked softly:

"David, thanks for reminding me!

Zhao Song once reminded me that among the several great virtues, you are the most trustworthy one. Now it seems that what he said is correct. "

David shook his head and smiled bitterly:

"Thank you for your trust."

"So David, what are you worried about?"

Liao Yingzhu asked curiously, "Even if we lose, according to the VAM agreement, you can still get Tesla shares of the same value. I think that's what you should value more than cash, right?"

"Because I value Zhao Song more!"

David stared at Liao Yingzhu solemnly, and said word by word:

"Tesla can achieve what I expect only under his absolute leadership!"

"."

Liao Yingzhu nodded slowly, and said seriously: "Thank you, and please believe in Zhao Song, we will not lose!"

"Crack~"

At the same time, Beibuwan Road, BH City, Gui Province.

In the busiest street in BH City, two people in the crowd accidentally bumped into each other, and a PHS mobile phone fell and fell apart.

"Fuck~"

The middle-aged man tugged at the young man's collar angrily, and shouted, "Pay!"

The young man hurriedly pointed fearfully at the bright yellow fronted house not far away, and said dully, "Xiu!"

"."

Five minutes later, Shenzhou (Hasee) Beihai Beibuwan Road Service Center.

Xiao Li, the maintenance receptionist, took over the torn PHS mobile phone of the middle-aged man.

"Ka~"

He first skillfully put the back cover of the motherboard on.

"Crack~"

Then insert the battery.

"Ka~"

Then close the front case.

"Dah~"

Then press the power button.

"Ding~beep~dong~"

The three-chord power-on chime sounds.

'Hasee' screen flashes.

"Beep, beep, beep, beep~"

Xiao Li quickly pressed the dial key.

"Ringling~"

The landline rings.

Xiao Li picked up the landline, handed the microphone and PHS to the middle-aged man at the same time, and said with a smile:

"Try."

The middle-aged man hesitantly put the microphone and PHS on his left and right ears respectively.

"Hello~"

"Hello~"

normal.

The middle-aged man was dumbfounded.

"That's... that's all right?"

"Yeah~"

Xiao Li nodded and said solemnly:

"Dear customer, next time you encounter this situation, you can try my method. If it doesn't work, it doesn't matter if you use it for repair."

"."

The middle-aged man and the young man looked at each other in blank dismay.

What is the quality of this he N?

It fell like this, but it still works!

Respectfully sending the customer away, Xiao Li carefully filled out the maintenance records. When he inadvertently glanced at the statistics, his eyes lit up. He quickly picked up the record book and hurried to the backstage.

Functional phones, plastic shells, large gaps between the shell and the main board, multiple fixing points, multiple flaps in one drop, use the disintegration to consume the energy of the collision.

Nokia's routines were finally learned by the Shenzhou factory 100%.

"Report to the chairman, the Shenzhou PHS after-sales records have met the requirements."

August 28.

Wanwan is fighting a financial war, and Shenzhou's mobile phone production business has officially entered a mature stage, becoming a bargaining chip for more OEM orders!

In Wancheng Hua Mansion, Zhao Song put down his phone with a smile, and shouted into the bedroom:

"Daughter-in-law, have you finished packing? If it's too late, I won't be able to catch the plane."

On this day, Zhao Song will also bid farewell to his girlfriend.

Fly to France.

Yes, the plane.

airplane.

airplane!

This chapter is a bit messy, explain the plot:

In 2008, Porsche SE acquired Volkswagen, and Volkswagen shares rose directly from 30 euros in July to 1,005 euros in October.

It was a hostile takeover that attracted worldwide attention.

I didn’t find the specific operation, so I directly used the acquisition case of the Wall Street Journal as a reference, and wrote the process directly instead of the specific operation method, so as to save hydrology. Interested friends can read the English report.

In the end, that hostile takeover case ended with Volkswagen's reverse takeover of Porsche.

Of course, the fuse was the black swan of the financial crisis.

At the end of this chapter, it also reminds me what the black swan of this financial war is: 2001, September, airplanes!

(big chapter, more than 4000 words)