Extraordinary Genius

Chapter 226: Holdings opportunities

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Feng Yu thought how much Kameda Masao owed, and his passport was confiscated. It turned out that he only owed more than 10,000 RMB. +, what kind of representative of Black Dragon Co., Ltd. in China can't even afford more than 10,000 RMB.

Feng Yu directly gave him 30,000 yuan and asked him to redeem his passport, and then return to China to find out the information. Once the contact was established, he immediately called Feng Yu. Feng Yu could invest in him at any time.

Of course, Feng Yu didn't completely believe Kameda Masao. He called Fu Guangzheng again and asked if the Fu family had any connections in the island country, and to help inquire about the current situation of Black Dragon Co., Ltd. and aiwa.

aiwa just cooperated with Mr. Fu in Xiangjiang at the end of last year to establish Aiwa Electronics Co., Ltd., with the intention of radiating into the mainland market through Xiangjiang.

Fu Guangzheng made a few calls and found out about aiwa's current situation. After all, they also investigated before cooperating.

aiwa had just been funded by Sony again in 1987 and became a subsidiary of Sony Holdings, but it was independent of Sony's brand and operated independently.

Unfortunately, due to the economic crisis, the market share of their products has declined year by year, and they have been losing money for many years. Even if Sony desperately saves it, Aiwa still has billions of yen in debt, and their company's current market value is less than 12 billion yen.

This is a slightly better profit after operating improvements in the past two years. In the past few years, the company's lowest market value was only 800 million yen, and its debt exceeded 10 billion yen!

Sony is also interested in aiwa's technology and brand, and wants to unite to fight against brands such as Songxia. To put it bluntly, the electronic products of the island country are currently competing for the domestic boss. Only by attracting more capable juniors can they succeed, even if This little brother is a sick man now, but he once was brilliant. And it is possible to regain its glory.

However, Sony's revenue has not been very good in the past two years, and the president of aiwa is also frantically expanding outwards to complete the market layout, which requires Sony to provide a large amount of funds.

But I don’t know how President Aiwa persuaded Sony to agree to it. Fu Guangzheng told Feng Yu that aiwa may have technology and good brand awareness, but it is still in the pit and wants to pull it up. You have to be prepared to be pulled down at any time.

Others were not optimistic about the aiwa brand, but Feng Yu was optimistic about it. In 1993, aiwa could completely turn around. In 1994, it became the leader in the cassette player market, with annual sales exceeding 160 billion. Yuan, it can be seen that the strategic layout of President Aiwa at this time is successful.

Of course, this is the result of Fu Guangzheng's investigation, and Feng Yu must also refer to the results of Kameda Masao's investigation. Only then can you decide whether to talk to Sony and buy the aiwa shares from Sony!

As for Black Dragon Co., Ltd., Fu Guangzheng had never heard of it. Fortunately, Fu Guangzheng's uncle once had some industries in the island country. There was also an acquaintance there, so I asked him to help inquire, and found out that Black Dragon Co., Ltd. was indeed, as Kameda Masao said, due to poor management. With diversified development, after the capital chain was broken, it was already filing for bankruptcy.

The factory has been taken away by the bank. The company was also dissolved, and I heard that the president disappeared. As for Kameda Masao, whom Feng Yu asked them to help inquire about, there was no information. His level was too low and no one paid attention to him before.

Feng Yu asked Fu Guangzheng to help contact aiwa's senior management. He was interested in acquiring aiwa's shares and asked if anyone was willing to sell.

But the result made Feng Yu very disappointed. Several senior executives who held the shares had no intention of selling. They were all direct descendants of the president Hajime Yagyu, and they all believed in the president and Sony. They believed that with the help of Sony, the company would The leader will definitely be able to lead them and lead aiwa out of trouble.

Feng Yu really wants to ask, where does your confidence come from? I don’t remember your company’s massive layoffs a few years ago. More than 3,000 employees turned into more than 1,000, and the layoffs exceeded 60%!

Aiwa was once the best Walkman manufacturing company in the island country. Because they introduced bee, their sound quality was the best and it was sold well in the island country at that time. But later on, didn’t they continue to lose money due to blind expansion and sell their shares again and again? Now that it has become a subsidiary of Sony, why are they still so stubborn

Although Feng Yu knew that their persistence would eventually pay off, and aiwa would really rise in two years, but after aiwa entered the computer field in 1995, it would decline again.

Fortunately, Kameda Masao immediately brought good news to Feng Yu. Sony's vice president was coming to China in two days to check out the Chinese market. Moreover, Kameda Masao also found out that it was this vice president who strongly supported the capital injection into aiwa.

But so far, it seems that Sony has not received the rewards it deserves. The vice president is also under great pressure at Sony, and shareholders have expressed dissatisfaction with him. AIWA has been losing money for years, and coupled with the current economic downturn, even Sony's stock price is falling.

Sony has publicly sold its shares in aiwa, but unfortunately only companies such as Songxia are interested in the island country. They would rather lose money than sell to a rival company and increase their strength.

At least they can now unite in the market, jointly deal with companies such as Songxia, Toshiba, and Sharp, and try their best to completely control the Walkman market. This will be of great benefit to the company's future.

Kameda Masao believes that if Feng Yu talks to Sony's vice president, he only needs to maintain the alliance with Sony and continue healthy competition. He doesn't even need a premium and can acquire it at a fair price. Sony holds about 61% of the shares, and two banks hold about 6% of aiwa's shares.

Feng Yu's eyes lit up. If he acquires all the shares of aiwa held by Sony and banks, he can account for 67% and become the controlling shareholder, and he can completely take aiwa into his hands!

Feng Yu calculated that the current market value of aiwa is about 1.2 billion yen. According to the exchange rate of yen at this time, it is approximately 8.4 million U.S. dollars. Therefore, acquiring 67% of the shares would not even cost 6 million U.S. dollars. None of them are useful.

With six million US dollars, he can control a company that has been the leader in the Walkman market for two years, bringing him profits of more than hundreds of millions of US dollars. This investment is simply a bargain!

Feng Yu's eyes flashed with $ signs. He wanted to acquire Sony's shares in aiwa, and he wanted to control the company!

Fu Guangzheng was sitting with his father, both of them bowing their heads in deep thought. Feng Yu inquired about aiwa company, which attracted their attention. Although the company that aiwa cooperates with is not Fu Guangzheng's father's, but Fu Guangzheng's uncle's family, the entire Fu family is connected together.

Fu Guangzheng and Fu Rongjin couldn't figure out why Feng Yu wanted to acquire this aiwa company? Could it be that Feng Yu got some news from above and knew that the Walkman market was about to boom? It turned out to be a good thing, so they didn't have to worry.

Now what Fu Rongjin is thinking about is, should they step in and take advantage of the opportunity to make a fortune

Fu Guangzheng persuaded his father to talk to his uncle and buy the shares of Xiangjiang Aihua Electronics Co., Ltd. Presumably, his uncle should give him the favor for the shares of this small company with low investment.

Every investment made by Feng Yu has a very considerable profit in the end. Fu Guangzheng felt that this was a good opportunity and he would never give it up anyway.

"Teacher, I would like to take a few days off. I know there is a final exam coming up. I have something to do. I will definitely be back before the exam."

The next day, Feng Yu took Wu Zhigang on the plane and headed to Shanghai. (To be continued.)

ps: For those who don’t subscribe to a chapter, and then come to accuse the fourth child and make dirty remarks, don’t think I can’t scold you! ! !

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