Chapter 383 Mixing up
Chapter 383 Mixing up
Why would a person like Ghosn appear at this critical juncture?
Yu Xing and Liu Wanying had wondered about this question before.
Now it seems that from shorting Mitsubishi through crossing the mountain peak to suspending trading for protection by the Tokyo Stock Exchange, Ghosn's performance can be described as quick, accurate and ruthless.
He wanted to bring Mitsubishi into the automobile alliance he had, and he ignored the possible surging public opinion. He almost certainly drove the French UTAC to conduct a re-test. He also accepted two consecutive interviews, and did not hesitate to directly raise the issue of the international reputation of Japanese automobile brands to express his firm attitude.
Even considering the information that has been exposed, Nissan's current OEM cooperation with Mitsubishi will also be a bargaining chip for Ghosn to promote this acquisition.
This is not the first time that Mitsubishi Motors has had problems. As early as 04, there was a scandal of concealing product defects. At that time, the Mitsubishi Group stepped in to overcome the crisis. Nissan and Mitsubishi's OEM cooperation began in 2005, and the scope of cooperation has been expanded year by year. This year, it was reported that they would reach a comprehensive partnership.
Therefore, it is not inconceivable that Nissan covets Mitsubishi.
The Renault-Nissan automobile alliance ranks fourth in global sales this year. Ghosn probably wants to take this opportunity to continue to move up, aiming to be in the top three or even number one in the world.
Yu Xing pondered the situation revealed by the latest news and talked about it with the four investors in the office.
"Renault and Nissan, which are thousands of miles apart, can achieve such great synergy. Ghosn is really amazing. No wonder he wants to take Mitsubishi into his portfolio now."
It is hard for Yu Xing not to feel emotional. Guo Shanfeng’s short selling did receive support from Ghosn, but he also wanted to reap the biggest rewards.
"The alliance of three automobile companies, does Ghosn have such huge expansion ambitions?" Xu Xin was quite surprised.
Yu Xing nodded and said, "Otherwise, why is he the head of an international automobile giant?"
Xu Xin thought for a moment and guessed, "Then this leader is too despicable. He controls the Japanese automobile company Nissan, but he turned around and sold the news of Mitsubishi's fraud to Guo Shanfeng, and then directly criticized Mitsubishi after it was suspended. Is he really not afraid of indigestion?"
Yu Xing opened his mouth, huh?
Zhang Suyang agreed, "It's hard to say that Ghosn was behind Guo Shanfeng's shorting of Mitsubishi. Otherwise, it's hard to imagine how such a short seller would notice Mitsubishi's engine in so many models of so many automakers around the world."
Hu Xubo thought it made sense: "Yes, if there were no informants, how could Guo Shanfeng test Mitsubishi's engine?"
Yu Xing pondered. There was a newly established car company that wanted to study the thermal efficiency of different types of engines to generate electricity...
He still made a small clarification: "Guo Shanfeng used to research Chinese concept stocks. Many people said that there were Chinese people behind the scenes. The head of an automobile giant like Ghosn would not do that. If he provided clues to Guo Shanfeng, wouldn't he be afraid that Guo Shanfeng would expose it in the future? I think he might just take action when he saw such an opportunity."
Xu Xin shook her head repeatedly, disagreeing with such well-intentioned speculation: "Ghosn doesn't need to reveal his identity at all. He can use countless third parties to inform Guo Shanfeng of the news. Anyway, as long as Guo Shanfeng does the test himself, he can know if there is any problem. Mitsubishi suffered a loss of more than 1 billion US dollars in just one day. Ghosn easily reduced the cost."
Zhang Suyang said, "Ghosn is indeed a 'cost killer'. He really brought the cost down to a very low level this time."
Yu Xing: “…”
Logically speaking, what you said makes sense.
The problem is, I am the one who has crossed the mountain!
Yu Xing knew the whole story best. The Mitsubishi engine that was found to have problems by the Carbon Silicon Group was still in the warehouse.
He couldn't explain this, and could only say in the end: "I still think it's impossible."
Xu Xin smiled and said, "Boss Yu, you think too highly of people. How can this be impossible?"
"Oh, yes, I thought too highly of you. I thought we were like-minded and wanted to make a name for ourselves in the mobile Internet industry. But now, when we need money the most, you are timid." Yu Xing changed the subject directly. "I must say that this may be the most important stage for Carbon Silicon Data. Please think twice about this matter."
Zhang Suyang's thoughts were pulled back from the changes in the global automotive industry. He said cheerfully, "Boss Yu, don't worry. Let's put ourselves in your shoes. You came up and asked for a price of 10 billion, and then asked us to make a quick decision. That's unrealistic, right?"
Xu Xin also said: "Everyone should think about it carefully. We should also study the pre-installed market."
Hu Xubo agreed, "Yes, Mr. Yu, according to what you said, this 10 billion is the funds from now until the end of next year. How to raise funds later and how to generate revenue later are all problems."
Cai Haoyu hesitated for a moment, then tactfully agreed: "Thinking more about things will always help you be more thorough."
The four investors, who are also shareholders, all expressed similar attitudes.
Yu Xing was not angry. He looked at them with a smile and nodded, saying, "Okay, then everyone think about it. The deadline is the end of this month. We have the rules and regulations in place. It depends on your ideas. If you don't agree, forget it."
Zhang Suyang asked, "What does 'forget it' mean?"
"Sell it. Carbon Silicon Data can still be sold at a high price. Alibaba wanted to buy it anyway, and Penguin can probably negotiate with it." Yu Xing said seriously, "If we can't enter the pre-installed market, we will slowly die. Now is the best opportunity to sell the project. We can use the money from the sale to build cars, which is fine."
The four investors were all shocked. Although they had heard Mr. Yu talk about the importance of this operation, selling the company without paying was...
Zhang Suyang and Xu Xin exchanged glances and suddenly stopped talking. The money from the sale was used to build a car... um...
Hu Xubo was still waiting for IDG and Capital Today to speak, but when he turned around and saw their expressions, he immediately realized the problem. No, damn it, these two companies have also invested in Silicon Carbon Group. They can do anything by transferring money from one hand to the other!
What is the prospect of Silicon Carbon Data Corporation?
Does Mr. Yu really have the decision to sell if things don’t work out?
Hu Xubo thought and judged urgently. If it were anything else, forget it. It seemed that Mr. Yu had sold a lot of projects along the way, including Guiai.com, Bijia.com, WeChat Company... He probably really dared to sell...
After all, Carbon Silicon Group has invested a lot of real money, and he has put a lot of energy into making cars. He may have really thought about selling the company for money!
Hu Xubo didn't want to gamble, so he immediately changed his tone and said in a surprised tone, "Mr. Yu, is the pre-installed market action really that important? If that's the case, I believe in your judgment."
He turned to the three investors and advised: "The mobile Internet has developed too fast in the past two years. After this stage of era transition, it will be difficult to find opportunities to build a super app. Although there are risks, it is definitely worth the gamble."
Cai Haoyu of Zhejiang Industrial Investment was still thinking about the deadline and the sale. He was surprised to hear Hu Xubo say this. Why did his attitude change so quickly?
He hesitated and said, "Mr. Hu, your, um... the pre-installation market still needs..."
Seeing that Cai Haoyu did not have a unified position, Hu Xubo interrupted directly and said, "Anyway, Qiming Venture Partners absolutely supports the exploration of carbon silicon data. Regardless of what Mr. Xu, Mr. Zhang, and Mr. Cai think, I will give a funding figure this week."
Cai Haoyu: “???”
He had no idea why the donkey's position suddenly changed so drastically.
Yu Xing praised with a smile: "Mr. Hu, I feel confident if you are willing to support me. What is the equivalent of Carbon Silicon Data's move this time? Well, let me think about it, it is equivalent to the significance of WeChat's Fuka. The software matrix occupies the pre-installed market on a large scale, which can not only bring about a rapid growth in the user scale, but also maintain the diversion effect of each other."
He continued, "I have always said that the way the mobile Internet plays is different from the PC era. It evolves too fast. The pre-installed market is a competition that requires capital intervention. If you don't intervene, others will. It's that simple."
Zhang Suyang also gave a further statement: "How about this, I will go back and discuss it with Mr. Xiong and give an opinion as soon as possible, so as not to delay it until the end of the month."
Xu Xin guessed Hu Xubo's intention to change his position, and said first: "Mr. Yu will not sell Carbon Silicon Data Company." But she also shook her head and said: "However, the significance of this WeChat blessing card, okay, everyone can pool the money together, and where is Mr. Liu? Does Hongshun have money? Why didn't I see her come over?"
Yu Xing replied: "Red Falcon should also be involved. Mr. Liu has gone to Hong Kong and may also go to Saudi Arabia. I heard that those oil guys are very rich and they will probably raise funds overseas."
Xu Xin praised sincerely, "Red Falcon's returns in the past two years are still very fast, and Mr. Liu is also very capable in raising funds. Let's set a time and see how this thing will land next Sunday."
Cai Haoyu was somewhat bewildered as he saw that the three investors seemed to have switched their positions. After hesitating for a few seconds, he said, "Okay, see you next Sunday."
Yu Xing glanced at the four of them and asked briefly, "Do you want to eat and drink?"
Xu Xin waved her hands repeatedly: "Don't bother with those empty words, just leave it like this."
Yu Xing agreed with a smile, and sent the four investors out. He watched them leave before returning to the office.
However, about fifteen minutes later, Cai Haoyu from Zhejiang Industrial Investment came back, knocked on the door mysteriously, and asked a question: "Mr. Yu, is what you said before true? Will you really sell the company if you don't get the money?"
Yu Xing was a little surprised: "Well...it depends on the situation. This period has passed, and everyone is discussing how to raise money. Why are you still entangled in this?"
Cai Haoyu asked again: "Mr. Yu, how will Carbon Silicon Data generate revenue?"
Yu Xing replied: "I don't know, I haven't thought about it yet, let's do some measurement first."
Cai Haoyu listened to Mr. Yu's answer, thought hard for a moment and then said, "Okay, Mr. Yu is sincere, then I'm leaving, see you next Sunday!"
Yu Xing had no choice but to go out and see him off again, and at one point he suspected that he would come back to find him.
Fortunately, Mr. Cai has probably made up his mind to follow suit and there have been no further setbacks.
That evening, Yu Xing finished his conversation with Liu Wanying and just after he hung up the phone, he received a news link from her on WeChat.
Guo Shanfeng indeed had no contact with Ghosn, let alone any collusion.
However, when the news of Ghosn's intention to acquire Mitsubishi shares came to light, just as Xu Xin and Zhang Suyang had speculated, public opinion in Japan immediately linked Guo Shanfeng's short selling with Ghosn's acquisition.
Japan's well-known "Asahi Shimbun" even directly produced a picture. On the left side of the picture is a poisonous snake representing a mountain, and on the right side is Ghosn captured by the camera, with an "equal sign" connecting the two in the middle.
Some Japanese media even speculated that "Ghosn was the mastermind behind the incident." The reason is very simple: Ghosn wanted to be the one who benefited the most!
Liu Wanying sent three smiley face emojis in a row on WeChat.
Yu Xing felt that this matter was really weird, but he couldn't help Ghosn clarify it, and...if Mitsubishi was swallowed up in this way, would Ghosn, who was suspected of colluding with short sellers, have to hide in the suitcase again?
Ghosn has colluded with the heinous short sellers. Will he have a good life in Japan in the future?
What's more, although Renault and Nissan are now cooperating very well, they are still a French and a Japanese company after all. It is easy to say when sales and revenue are going up, and victory can always cover up various problems. Once the trend is downward, internal conflicts will probably erupt.
Now there is also the charge of suspected collusion with short sellers...
Yu Xing did not chat with Liu Wanying about short selling on WeChat. They just sent each other emoticons to show that the other party could understand their thoughts.
This matter is still quite confusing.
However, no matter how the Japanese media speculated and threw mud at Mitsubishi openly or secretly, Mitsubishi still suffered a collapse in attitude when third-party agencies successively tested that it had falsified fuel consumption.
Within two days, Mitsubishi held a press conference. Mitsubishi Motors Chairman Joe Nishioka apologized with a deep bow in front of the camera, admitted that Mitsubishi Motors had been falsifying fuel consumption for 20 years, and announced his personal resignation from all positions in the company.
Mitsubishi Motors' shares have not yet resumed trading, but it may not be long before that happens.
Liu Wanying commented on the resignation of the Mitsubishi chairman: "Nishioka Takashi will retire in two years, and it is really cost-effective for him to take all the blame now."
Yu Xing doesn't care about the internal changes in Mitsubishi Motors, he only cares about whether Ghosn can succeed in the acquisition.
"Mitsubishi will probably give in. Fuel consumption fraud is indeed a scandal. The cooperation between the two sides is deep. The scale of Renault and Nissan has reached this level. Both France and Japan are probably happy to see further growth." Liu Wanying gave her own thoughts.
Again, growth will cover up problems. The synergy between the Renault-Nissan Alliance in R&D resources and parts procurement is too good. Adding Mitsubishi will also have similar imagination.
Regarding this kind of acquisition and integration... Yu Xing still thought about the possibilities on his side. He could consider Lotus Group again. Although Mitsubishi's funding was slow, it might be coming soon.
After thinking it over, he called Liu Jiankai over and asked him to contact the seller again.
Liu Jiankai agreed, and then asked his boss hesitantly: "Boss Yu, do you know that the number of people playing Bitcoin has increased significantly this year?"
Yu Xing shook his head: "I don't know."
Liu Jiankai licked his lips and said, "Its price is slowly going up again."
Yu Xing shrugged: "Really? I don't know."
Liu Jiankai then asked: "Mr. Yu, do you think it has a future?"
Yu Xing groaned: "I don't know, I haven't paid attention to it."
Liu Jiankai said helplessly: "Mr. Yu, if you don't know this and don't pay attention to that, then why did you buy my Bitcoin in the first place?"
Yu Xing said innocently: "Didn't you want to sell it? It's not expensive anyway, I bought it for fun. You buy it at the bottom, and I buy you at the bottom. Let's have fun. Um, am I buying it right?"
Liu Jiankai: “…”
(End of this chapter)