Perfection of Rebirth

Chapter 395 Chapter 397
When Guan Weidong went to Japan to negotiate with TDK, he had already discussed the acquisition of ATL.

As a well-known brand in the electronics industry, TDK has always occupied a leading position in electronic raw materials and components. The founders of TDK, Dr. Kato Yugoro and Dr. Takei Takeshi, founded Tokyo Denkikagaku Kogyo KK in 1935 after they invented ferrite in Tokyo. The name was formerly the Electrochemical Department of Tokyo Institute of Technology. , Dr. Kato Yogoro and Dr. Takei Takeshi, lecture in the Department of Electrochemistry of the university. In 1983, the name was officially changed to today's TDK Corporation, taking the initials of the original name Tokyo (Tokyo) Denki (electricity) Kagaku (chemical), and began to engage in the commercial development and operation of this magnetic material.

TDK's main business is electronic devices such as capacitors, inductors, transformers, radio frequency devices, sensors, magnetic cores, and magnetic tapes, and does not involve the battery business.It’s just that the founder of ATL used to work at TDK, and found TDK when funds were scarce. TDK also felt that the battery business was good, so it invested.This is also an important reason why ATL's management can be all Chinese people, rather than the common one-water island people in Japanese companies.

Now Guanghui Group is willing to acquire ATL at a high price. For TDK, this business can be done.After all, it has not been long since TDK has become a major shareholder of ATL, and now it has been resold, and the income is quite good.

In 2003, ATL once conducted a round of financing and obtained 2500 US dollars of funds at the cost of selling more than half of the equity. At that time, ATL's valuation was about 5000 million US dollars.Up to now, the valuation can go to about [-] million US dollars.After all, the current lithium battery market is not so hot yet. When the era of smart phones arrives, it will not be a problem to double the valuation.

"Mr. Jiang, about 1.5% of ATL's shares are in the hands of TDK. It has basically been negotiated to use [-] million US dollars in cash to buy it. In two weeks, Mr. Jiang, you will go to the island country to sign the contract. But most of the remaining [-]% ​​of the shares are in In the hands of the ATL management, I have talked with them several times, and they didn’t say yes or no, it looks like they want to meet you, the major shareholder,” Guan Weidong said.

"It's good to meet, ATL's management team is still very capable. After the acquisition, I don't plan to make major adjustments to their management in a short time. You can arrange it. We will go to Guancheng together recently." , Jiang Hui said.

……

"I'll go to Guancheng the day after tomorrow, so you can go back to the dormitory," Jiang Hui said.

"Guancheng, are you buying that battery company?" Bai Xue said.

"Yeah, we've already discussed with major shareholders, and then we'll talk to the management of ATL, they still have about [-]% of the shares in their hands," Jiang Hui said.

"Guancheng is famous for its service industry, take it easy and don't mess with me," Bai Xue said, twisting Jiang Hui's waist.

"Ah, it's so painful. How dare I mess around, I'm here to talk about work, not play," Jiang Hui said.

"Hmph, I grew up in Haizhu City, and I've heard a lot about Guancheng. In short, you take care of your little brother, and don't think about health care," Bai Xue said.

"What is big health care?" Jiang Hui said.

"Pretend, just pretend for me," Bai Xue said pouted.

……

Guancheng, a county established during the Three Kingdoms period, has a county history of more than 1700 years. It is an important birthplace of Lingnan civilization, the beginning of the modern history of the Chinese Dynasty and the pioneer of reform and opening up. It is an important transportation hub and foreign trade port in Lingnan Province. The first of the "Four Little Tigers", known as the "World Factory".

ATL received Jiang Hui and his party very politely. They said they were polite, but they were actually unfamiliar.No matter who it is, although the shares of the company I founded have been transferred out, but the major shareholder is about to sell the shares without communicating with me, I guess there will be some inexplicable emotions.But Jiang Hui didn't care too much about it.

What Jiang Hui likes is ATL's research and development strength in the lithium battery field and the cooperative relationship with major electronics manufacturers. It will not affect the development of the company too much.Of course, it would be the best if you can be peaceful and beautiful.

CATL was established after the power battery of ATL in the previous life was spun off. This newly established company later became the largest auto battery manufacturer in China, and its valuation reached [-] billion before it went public.Unlike ATL, which is held by TDK, CATL has become a purely private Chinese enterprise.Although I look at this matter from the perspective of the people of heaven, I think it's done pretty well.But objectively speaking, CATL put aside the major shareholders and recruited a group of people from ATL to establish CATL. In this process, the management of ATL did not behave authentically.So Jiang Hui naturally wouldn't fully trust the current management team, so as not to make wedding clothes for him in time.

Under the leadership of ATL, Jiang Hui and his team came to the meeting room. They inevitably had some introductions and were introduced, then listened to ATL's company introduction, then visited the factory, and finally returned to the meeting room to discuss "core" issues.

"Mr. Zeng, you must be very clear about our reason for coming, and I will communicate with you openly. First of all, I personally admire Mr. Zeng's vision. I entered the lithium battery industry early. ATL can achieve today's results. Zeng The general leadership is good; secondly, I can disclose here, I hope everyone will keep it secret, Guanghui Group will gradually enter the fields of drones, mobile phones, electric vehicles, etc., all of which have great demand for lithium batteries, which is why our group The main reason for the acquisition of ATL; in addition, I can promise that after Guanghui Group acquires ATL, it will continue to retain the existing management team. et al. explain matters related to the acquisition.

Today's protection personnel are relatively high-level, and Jiang Hui's words are relatively straightforward.

"Mr. Jiang, as far as I know, Guanghui Group was established less than two years ago, and its current main business is the Internet. Although Guanghui Group is strong in the Internet field, it has no experience in industrial production and management. How can we ensure that ATL can How about better development?" Zeng asked.

"I once mentioned a concept, that is Internet +. I think the relationship between industry and the Internet will become closer and closer in the next ten years. ATL's current supporting mobile phones, MP4, etc. will all be Internet-based in the future, and the Internet This is the advantage of Guanghui Group," Jiang Hui said.

The two parties communicated back and forth for more than two hours. It is estimated that considering that Guanghui Group has already settled the major shareholder of TDK, and the sincerity of cooperation is relatively sufficient. Jiang Hui agreed that the company will take 5.00% of the annual income as the management's contribution. After the incentive, Mr. Zeng and others finally agreed to sell the shares to Guanghui Group.

Since then, ATL has been in Jiang Hui's pocket!

(End of this chapter)