After Makino Technology officially submitted its overall plan for Apple's privatization to Nasdaq, the entire market believed that there was no suspense about the matter.
Nasdaq will not reject Makino Technology's plan because they know very well that those institutions holding Apple stocks have already admitted their losses and are eager to exit as soon as possible. After all, it is a loss-making transaction. When they are unable to reverse the loss-making situation, they We can only hope that the funds will be recovered as soon as possible so that they can be used for other investments. If Apple's stock is deeply locked up in the hands, it will also bring other potential losses.
This is like investing 10 million in a business, and you will definitely lose 1.7 million in three days. The best way is to quickly take the remaining 8.3 million and find other projects to make up for the hole as soon as possible. ;
The worst thing is to invest 10 million, only to lose 17 million in three days, and then you don’t know when the remaining 8.3 million will be available. This is the tragedy of being deeply trapped.
Those who play with capital are all smart people. They calculate this account every day, and they are very aware of the serious relationship.
Therefore, after Nasdaq received the privatization plan, it held a symbolic meeting and discussed it for two days. On the third day after submitting the results, it officially responded to Makino Technology. Nasdaq approved Makino Technology's plan to privatize Apple. , Apple officially entered the privatization and delisting process!
This news did not cause any waves in the Western market, because everyone had already seen that this result was bound to happen, but in distant China, this news made people who knew IT and the Internet very excited across the country.
The media has covered it overwhelmingly. Even Yangma has repeatedly mentioned this acquisition case in different programs at different times. It even invited a lot of experts to analyze the explosive power of Makino Technology in the overseas capital market. Everyone seems to regard Makino Technology as an outstanding representative of Chinese enterprises and the international business card of Chinese enterprises.
At the same time, it also came out that Li Mu borrowed US$2.5 billion in foreign exchange from the central bank in equivalent RMB as a mortgage. I don’t know where this news leaked from, but when the media began to report this matter, all the media The voices are surprisingly consistent: the state and the central bank have always given full support to Chinese companies going global, and Makino Technology itself is also a company with a strong sense of social responsibility. In order to obtain the funds used to acquire Apple while complying with foreign exchange control rules, For foreign exchange, they did not ask for any form of leverage from the bank. Instead, they first settled for the equivalent amount of RMB, and then used it as collateral to lend the equivalent amount of foreign exchange. This was simply honest and flexible.
With such publicity by the media, Li Mu's establishment of a huge private equity fund was directly covered up, thus becoming an honest and upright alternative. This kind of publicity can also avoid affecting the general tone of foreign exchange control, because Li Mu did not exchange foreign exchange from the central bank. , he used RMB as collateral to lend foreign exchange;
The exchange of foreign exchange is unilateral. If a company wants to exchange foreign exchange for overseas development, it converts RMB into US dollars and then invests overseas. This is a loss of foreign exchange;
Compared with lending foreign exchange and exchanging foreign exchange, the biggest difference is that the foreign exchange Li Mu took will be returned. The 2.5 billion US dollars of foreign exchange temporarily flowed to the U.S. capital market, but Li Mu promised to repay it, which means that the 25 Billion dollars will come back.
After such publicity, Makino Technology’s acquisition of Apple became more legendary. For a time, various versions of the story emerged in endlessly in the country, but in the final analysis they all had the same theme: to be Makino Technology’s first position in the U.S. capital market. A siege was won and proud.
This is the first successful case of wholly-owned acquisition of a famous Western high-tech enterprise in Chinese history, and it is a true wholly-owned acquisition! At a time when China has just joined the WTO, this matter is of great significance. It is not only a victory for Chinese enterprises, but also a victory for China Capital and a victory for China's Internet industry.
China's high-tech enterprises started late, and their industrial start was much later than that of the West. In terms of international trade status, China is still in the "three lows" stage of low technology content, low profit margins, and low trade status. Therefore, China Enterprises' conquest of cities and territories in the West has a great motivating effect on Chinese entrepreneurs and practitioners.
In a year or two, Lenovo will acquire IBM's personal computer business. This acquisition was shaped by Li Mu in his previous life as a model for the overseas expansion of national enterprises;
A few years later, Geely's acquisition of Volvo Cars once became the pride of the national industry, and it was still talked about many years later;
In a few years, Huaxia High-Speed Railway Manufacturing Enterprises will strategize among many leading high-speed rail companies around the world and acquire the top technologies of many high-speed rail companies. As a result, Huaxia High-speed Railway will advance rapidly and become a beautiful business card of Huaxia Industry. This has always made the Chinese people proud and proud;
Now, Makino Technology's acquisition of Apple has made the Chinese people feel this pride and pride in advance.
Li Mu believes that history will prove to the world what a crucial decision it was for Makino Technology to acquire Apple;
History will also prove to the world that Makino Technology’s acquisition of Apple will become a miracle in the history of world business. No one except himself can imagine what Apple, with a current market value of only a few billion dollars, will burst out. The light!
…
Li Mu left all the follow-up work of privatization to the team. From this moment on, he completely gave up on the privatization matter.
Li Mu is like the first two stages of a launch vehicle, bursting out a huge thrust to send the payload into space. All that is left is for the team to move forward according to the established track. He has completed his mission and can devote his energy to other tasks. project.
Li Ziwei specifically discussed the recent affairs arrangements with Li Mu. She first reported to Li Mu her investigation of the current status of the global power lithium mine and cobalt mining industry in the past few days. This was Li Mu's report with Elon Musk a few days ago. I thought of it on the flight to Harvard, and told Li Ziwei as soon as I got off the plane.
Li Ziwei said: “In the name of multiple shell companies, I authorized several survey companies to investigate the current industry conditions and resource distribution of lithium mines and cobalt mines. The preliminary results are as follows. First of all, let’s talk about lithium mines. Lithium mine resources are relatively large. It is very rich. We have large lithium ore reserves in China. However, the current situation of lithium ore and supporting mining and refining industries is not very good. Insufficient profit margins and frequent ore price fluctuations are the main reasons that affect the profits of the lithium ore industry. , coupled with the current stable global demand for lithium, the overall investment assessment of the industry is low, and many companies have given advice not to invest in lithium ore in the near future.”
“As for cobalt mines, its distribution is extremely uneven compared to lithium mines. First of all, our domestic reserves are very small. Secondly, more than half of the world’s cobalt mines are distributed in Congo, Zambia, Cuba and Australia. Among them, global cobalt mines 60% of the output is in Congo. At present, cobalt mining in other countries with high reserves is more difficult and costly. Congo's cobalt mining industry is relatively mature and has the highest cost performance. However, the consumption of cobalt is not high, at 3-3 per year. It is growing slowly at 5 percentage points, so it is difficult for the price to make a breakthrough. The initial advice given by many companies is that it is not recommended to invest in the cobalt mining industry. If you are interested in investing, the most cost-effective investment direction is Congo, but considering that Africa The country is relatively unstable, so the risk of such an investment is relatively high."
At this point, Li Ziwei saw Li Mu's calm expression and couldn't help but remind her: "Mr. Li, on the whole, many professional institutions do not recommend getting involved in the lithium ore and cobalt ore industries. There is really not much room for imagination, and the mineral industry The industry involves a huge area and requires a lot of energy, manpower, and material resources, so overall, it’s not very promising.”
Li Mu smiled slightly and said: "Some things are not for making money now, but for upstream industrial layout in the future."
After that, Li Mu asked her: "What do you think high-tech enterprises most want to monopolize?"
Li Ziwei thought for a while and smiled: "Maybe it's the processor? After all, that thing is still very important in high-tech enterprises."
Li Mu nodded, then shook his head and said: "It seems so, but in fact, what everyone wants to monopolize most is silicon raw materials. Unfortunately, the capacity of this thing on the earth is too large. It’s readily available and accessible.”
Speaking of this, Li Mu asked her: "Just imagine, what if silicon was a scarce element on the earth? What if silicon was not only a scarce element, but also an element that could not be replaced for decades? Who had silicon at that time? Whoever has the ability to influence the entire high-tech industry can at least control the costs of the entire industry, even if he cannot control the entire industry."
Li Ziwei thought for a moment, nodded slightly and said, "I really want to understand..."
Li Mu smiled and said: "You don't need to understand too much, you just need to know that this matter is very important to our future."
Later, Li Mu instructed: "Since lithium mines have large reserves, we will not focus on minerals. We will sort out the industrial and mining companies with relatively large lithium production. We will set up an external fund specifically to invest in lithium mining companies. Every company strives to hold a controlling stake. If it is impossible to hold a controlling stake in a short period of time, it must first invest in a stake to gain a good position."
Li Ziwei said: "Okay, Mr. Li, I have written it down."
Li Mu added: "Judging from the distribution of cobalt mines, it is very suitable to make a fuss about the root causes. Let's take a look at the cobalt mining companies that currently produce the most ore in the world, and learn about the influence of these cobalt mining companies around the world. The actual mining rights cover the total amount and the rights period. When the time comes, we will adopt the same method as lithium ore, directly holding shares or acquiring them."
In Li Mu's view, lithium ore reserves are large and evenly distributed, making it difficult to monopolize the source. Under such circumstances, there is no need to make a fuss about the mines. You can directly invest in shares or acquire power lithium production companies. As long as you control a considerable amount of the finished power lithium market, you can at least guarantee that your cost of using lithium will be much lower than other battery companies or new energy companies in the future;
The reserves and distribution of cobalt mines are too easy to make a big fuss about. First, more than 60% of the world's future cobalt production will be blocked from the source, and then in the next few years, we will adopt the strategy of producing more and selling less. , The strategy of multiple reserves is to store a certain amount of cobalt ore every year. Once the new energy era comes, with this batch of reserves in hand, it will have great initiative.
Sometimes the initiative is not used to slaughter others, but to defend oneself. What if Li Mu uses Tesla to rapidly promote new energy vehicles globally, what if the Japanese and Korean lithium battery manufacturers confront him? What if they drive up battery prices and then secretly cooperate with their own domestic new energy vehicle manufacturers to seize the market? What if they cooperate with downstream and work against themselves
If you have your own battery production capacity, sufficient supply of lithium ore, and sufficient cobalt reserves, no one will be able to grin at you at that time. LG, Samsung, and Panasonic would dare to talk to you about battery issues. As a matter of fact, I can immediately announce a comprehensive upgrade of the cobalt mine I control and temporarily shut down production capacity. The production capacity of the cobalt mine market will be reduced by more than 60% at once, and the cost of batteries will immediately skyrocket. At that time, I still have so many years of reserves. Cobalt ore can ensure that your battery production costs are not affected, which can instantly open up a huge gap with competing products, making it impossible for them to catch up.
Moreover, the current cobalt mining industry has not received enough attention. If it is operated properly, the resources that can be captured will probably account for a larger proportion of the entire industry chain.
Li Ziwei will not understand Li Mu's long-term strategic reserve of digging deep and accumulating grain, but her greatest advantage is that no matter what Li Mu wants to do, she will do her best to implement it.
After remembering Li Mu's series of requirements regarding lithium and cobalt, she said to Li Mu: "Mr. Li, Larry Page from Google has been contacting me in the past few days, saying that he hopes to arrange an interview with you to discuss Let’s talk about Makino Technology’s investment in Google, you have been asking me to press on this matter in the past few days, and he is obviously a little anxious.”
Li Mu nodded and said with a smile: "It just so happens that the Apple matter is basically settled. Let's make an appointment with Larry Page and ask him to come to see me at Makino Technology at three o'clock tomorrow afternoon."
"OK." Li Ziwei said, "Then I'll call him back later to confirm the time."
Larry Page has been really anxious recently. Seeing Makino Technology's recent series of operations against Apple, Larry Page has truly realized the horror of Li Mu.
The scary thing about Li Mu is not only that his company has strong advancement capabilities, but more importantly, Li Mu is like an experienced hunter. He knows the weaknesses of jackals, tigers, leopards, elephants and rhinoceros, and knows how to achieve the target. Their rapid hunting, from finding the weak point, to knocking it down with one shot, and then swallowing it bit by bit.
Apple was such a once powerful prey, but now Li Mu found its weakness, beat it half to death, and then swallowed it.
Moreover, Li Mu swallowed Apple without financing, which is even more terrifying.
If Li Mu decides to build a search engine, he will definitely treat Google the same way he treats Apple, find out Google's weaknesses, cripple or kill Google, swallow Google whole, or let Google's corpse rot in the mountains and forests.
Therefore, the sooner Li Mu is allowed to invest in Google, the easier it will be for Larry Page. Li Mu also said last time that he can not get involved in search engines, and can guide Google and speed up Google's development pace. , but the premise is that the protection fee must be enough!
(End of chapter)