Chapter 622

The large-scale acquisition of State-owned Bankrupt machinery factory by Jiuyi heavy industry group has caused an uproar at home and abroad.

As China began to regulate the overheated economy of the whole country in the 1990s, China's economic growth began to slow down, and the expansion of Chinese enterprises was limited.

In addition to the rapid expansion of some light industries and high-tech enterprises, most heavy industries are shrinking their business. Now, Jiuyi heavy industry suddenly buys bankrupt state-owned enterprises with such a large sum of money. People who understand the situation a little can't understand what the young old board of Jiuyi group wants to do!

The merger and reorganization between state-owned enterprises is not shocking. After all, they are all state assets.

The large-scale annexation of state-owned enterprises by the private economy is the first case in China.

Whether this is the state's full liberalization of control over the private economy or something else, many people hope to get an official answer. But there was no follow-up news. The acquisition team of the 91 group is still purchasing the planned bankrupt state-owned machinery factory according to the itinerary.

The official of the Jiuyi group did not make any explanation, and the brick house barkers who jumped out and talked nonsense whenever they met anything also remained silent.

Throughout Southeast Asia, with Soros' quantum fund blocking Thailand's economy, with the help of the Chinese government worried about the impact of Xiangjiang River, Soros shifted the main force of the attack to small countries such as Malaysia and Indonesia, and spread to Taiwan, Japan and South Korea. The financial crisis sweeping the whole Southeast Asia still broke out.

Under such circumstances, the economies of most countries in Asia have been impacted. The stable Chinese market has become the only way for enterprises in many countries to get out of the financial crisis.

With many countries increasing their exports and purchases to China, Jiuyi group has made such a large acquisition. It has made it clear to announce to Japan, South Korea, Singapore and other countries and enterprises that export a large number of mechanical equipment and other technical equipment to China that this is to stop you!

"Mr. Peng, should we just let it go with such a big move of the 91 group?" As soon as Wang Ziqing saw the news, he hurried to find Peng Zhi.

From the beginning, many CNC equipment enterprises entering or about to enter China knew that Jiuyi heavy industry would definitely have a strong response to their actions, but China's such a large market could not be fully occupied by the production capacity of Jiuyi heavy industry.

As expected, Jiuyi heavy industry carried out a large-scale price reduction to stop them.

They did not expect that after the price reduction of the 91 group, there would be a bigger backhand.

"Wait, we have gained a firm foothold in the mainland. Now the price reduction of numerical control equipment of 91 heavy industry has little impact on us. Their expansion of production scale also has little impact on us. What we should worry about now is those Korean and Japanese enterprises that are ready to set up factories in China and have not started yet! " Peng Zhiping said quietly to Wang Ziqing.

At the beginning, the two enterprises fought their own battles and were badly forced by Jiuyi heavy industry. After the merger, the management cost of the two factories decreased a lot, and the technical level of Taiyu precision machine also improved a lot. Even if they competed in the machining center, Jiuyi heavy industry seized a lot of markets in the low-end CNC car market that Jiuyi heavy industry was going to give up.

It is precisely because of this that they barely stand firm in the market. Now their processing centers have begun to erode the market share of the 91 group.

"Won't we be more impacted? Their four-axis machining center has begun to deliver to the mainland military. Now expanding such a large production capacity should expand the production of low-end products and further reduce prices... "Wang Ziqing felt that he was too oppressed.

If it weren't for 91 heavy industry, how could he agree to let Taiyu precision machine be annexed by Wanyou CNC!

"That's what will happen in the future. At least for now, Jiuyi heavy industry will not reduce prices until they have formed new production capacity." Peng Zhi shook his head.

"Let's just watch the fire from the shore and watch them fight with the Japanese?" Wang Ziqing's face twitched.

Now he just holds more than 20% of the shares of the merged company and has no say in the company.

"The Japanese are not fools, Koreans and Singaporeans lost a lot in the financial crisis..." after Peng Zhi said, he looked at the scenery outside the window with his back and stopped talking.

Wang Ziqing could only talk one breath.

If you have nothing to do, you'd better pay attention to the stock market!

The CNC equipment factory makes money and waits for dividends. If it loses money, let Peng Zhi plug the hole

"Li sang, why are you here now?" Sanro onomura waited for nearly half an hour before Li Mingshan came slowly with his secretary, which made the Japanese very angry.

Li Mingshan smiled at Sanlang of onomura: "Mr. Ono, it's not that I'm late, but that you came too early..."

"You..." sanro onomura almost jumped up, but don't hold the people around him.

The heads of China Office of Mitsubishi Corporation of Japan and China Office of Mazak jointly issued invitations to Lee Myung Bak of South Korea, Song Hui of Singapore and Peng Zhi of Taiwan to discuss the response to the move of 91 heavy industry.

Taiwan's Peng Zhi directly rejected their invitation and refused on the grounds of going to Italy to negotiate the acquisition.

Zhongsen CNC of the Song family in Singapore is the only CNC equipment manufacturer in Singapore. It enters the CNC equipment industry later than all walks of life in Taiwan, but its strength is not too poor. Otherwise, it has no intention to enter the Chinese market to eat fat meat.

In the past, many second-hand numerical control equipment in Europe entered the Chinese market through Singapore. Singapore also saw the huge profits in the transit trade and developed here.

However, due to the late start, the market of the whole Asia Pacific region is occupied by CNC equipment manufacturers in Japan and Taiwan, and they don't have much opportunity at all.

A blank Chinese market is what they value most.

If there were not 91 heavy industries, Taiwan China's investment in Chinese mainland has not been returned. They have already entered the Chinese market.

Although Singapore is also a Chinese country, they do not have a strong sense of identity with China and often embarrass the Chinese government internationally. They can almost be said to be the vanguard of official forces hostile to the Chinese government. For these reasons, they can get various advanced technologies and advanced equipment from Europe and America.

Once you want to benefit from China, you start to talk about the same origin. At the critical moment, when you should pit China, you still have to pit China.

"Well, Mr. Ono, since everyone has arrived, let's say it is. Can't our business alliance be established if the Taiwanese don't come?" The relationship between Japan and South Korea is amazing. The people of the two countries are hostile to each other, and even the government will quarrel and scold in public, but they have extensive cooperation in many aspects such as economy, military, politics and so on.

"Let's get together today to discuss how to deal with the obstruction of 91 heavy industry. Now that the international technology has already begun to relax the blockade of China, this is our chance. "If no one mediate, the Japanese and the Koreans can even fight."

If Li Mingshan and Saburo onomura quarrel, there will be no way to deal with the business today.

"Yes, the wassena supervision committee agreed to the proposal of some enterprises to export low-precision five axis machining centers to China, given that the Chinese have already had the production technology of four axis machining centers, and they can have the production technology of five axis machining centers in five or even three years at most..."

"What does this have to do with us? Mr. Ono, we Dayou are an enterprise that produces two axis CNC lathes and three-axis machining centers. It seems that the wassena agreement does not stipulate that three-axis machining centers cannot be exported to China? " Li Mingshan is most annoyed with this in Japan.

Every year, the high-end processing centers with more than four axes exported by Japan to South Korea can pit a lot of money from South Koreans.

Li Mingshan has long wanted to introduce the production technology of four-axis machining center and five axis machining center from Japan, but the Japanese are not willing to sell technology to them.

How many high-end processing centers do you want to buy? We sell them all. If you want to buy production technology?

no way!

This makes Li Mingshan very painful.

"Mr. Ono means that since we all intend to establish production plants in China, we should form an alliance to focus our sadness and compete with 91 heavy industry to seize China's CNC machining center market..." as Toshio Tojo, Mazak China office, which accounts for half of China's high-end market share, These enterprises only need to attract the attention of Jiuyi heavy industry in the medium and low-end market.

The higher the technological development of Jiuyi heavy industry, the greater the pressure on them.

Either put more high-end equipment into China, or reduce the price of equipment exported to China. There is no other way but this.

Otherwise, their market will be robbed step by step by Jiuyi heavy industry with production technology.

Now, for the high-end four axis machining centers exported to China, the price they say is the price. The Chinese people don't even have room to bargain. Not only their Japanese equipment, but also those exported to China by other countries. As long as China can't produce it, it's a buy it now price and never accepts the bargaining of the Chinese people.

Who told them that the Chinese couldn't produce it themselves?

But not now. A four-axis machining center, they say 3 million, but the Chinese give 2.8 million instead of selling it? Let's go to Jiuyi heavy industry!

The specific quality parameters of the four-axis machining center produced by Jiuyi heavy industry will not be announced until this China International Machine Tool Exhibition.

Although we do not know the price of the four-axis machining center delivered by Jiuyi heavy industry to the Chinese military, everyone knows that it will never be higher than theirs.