According to reports, this story begins at an entirely unscientific moment: Zhou Ziye, a designer who rose from creating counterfeit mobile phones, suddenly time-traveled back to the year 1984.
...Xiao Zhaoyibei approached Xing Baohua at some point and questioned, "Mr. Xing, Nikon is a manufacturing company, not a financial institution. After you were elected chairman, how will you lead the shareholders to make money? Will you rely on stimulating stock market appreciation?"
Their conversation attracted a lot of attention, and then everyone quietly looked at them, wanting to hear what Xing Baohua had to say.
“I created rice, which is also a real manufacturing industry. From a few million at the beginning to a market value of several hundred million now, it shows that I am very successful in doing real business. If Nikon were in my hands, I would give full play to their maximum potential and let the products speak for themselves and drive output value with the products, rather than relying on financial means.”
As Xing Baohua spoke, he looked at the many shareholders.
He said, "If I am elected chairman, I will combine one of the rice divisions and one of the Nikon divisions to form a specialized company called 'Rice Nikon.' We will establish three factories, from the production of optics to wireless equipment. The main factory will be in Japan, the second factory in the United States, and the third factory in China. In other words, the main factory and the US factory will produce parts and components, and the final assembly will be done at the third factory."
"You want to move Nikon to China, don't you?" Xiao Zhao asked in a stern and disdainful tone.
"No, no, I won't move anything from Nikon. The branch factory in China will only be the final assembly plant for all the spare parts. Do you understand what I mean?" Xing Baohua knew that the other party was trying to trick him into making a slip of the tongue. If he said one wrong word, he would face condemnation from all sides.
Xing Baohua knew that even if he became chairman, would Nikon's core businesses allow him to make any moves?
Absolutely not.
Xing Baohua only needs to patiently wait for opportunities and collaborate with various industries to launch new projects. He should also leverage the electronics and information technology industry to develop end-user devices.
Xing Baohua didn't know if Nikon had large servers, but regardless, it had to be installed; gradual informatization was Xing Baohua's goal.
Even if the other party is wary of Xing Baohua, he still has ways to get things out of him.
Xing Baohua's ultimate goal was to convert data such as the model of the lithography machine Nikon produces and the number of micrometers of chips it can produce into actual data.
Another key point is to guide the other party in developing optical lenses, especially pinhole lenses, which can be used not only in mobile phones but also as extension probes.
Anyway, it has a wide range of uses.
Next came the development of optical chips, something they were experts in.
For example, our domestically produced lenses are far inferior to those of established professional brands. We can produce small lenses with 100 million pixels, but they're still not as good as Sony's 12-million-pixel lenses.
That's because they have accumulated technical expertise and comparative data from various graphs.
Xing Baohua didn't say much at the meeting, and Xiao Zhaoyibei's questions were full of traps, which Xing Baohua skillfully avoided.
"To avoid wasting everyone's time, I will keep this brief. I have already acquired about 75% of the shares in the circulating pool. If our shareholders do not continue to add shares, investors who are optimistic about Nikon stock will not be able to buy. Therefore, the decision on increasing capital and expanding shares needs to be made by everyone."
Oh, by the way! To ensure my shareholding doesn't shrink too much, I'll be increasing my investment in the capital increase. If anyone wants to sell me their shares privately, I'll buy them at a 10% premium after tomorrow's closing price.
Many Nikon shareholders felt that Xing Baohua's actions were utterly shameless. He was using investors' money to buy their shares, and of course, some of that money belonged to them.
The capital increase was too large, and they couldn't keep up, so it only diluted their shareholding ratio.
The most distressed people here are actually the small shareholders. They didn't get to reap the rewards; instead, they were the ones who suffered losses. They can't raise the capital to increase their investment, and they're also in debt.
The best solution is to sell their shares to Xing Baohua to get cash and survive.
No matter what, they were forced into a corner. Upon closer examination, it was truly infuriating. They were giving Xing Baohua money to buy stocks, and then selling those stocks. The money wouldn't be theirs; they would use that money to buy back the shares they already owned.
So they gave away money and shares, but in the end they didn't earn anything. The money they received not only went to the bank, but they also incurred a huge debt. Where can they go to seek justice?
The only person who can now buy up large sums of their stock is Xing Baohua himself. International speculative capital has been scared away, and it is these shareholders who have borne all the pressure.
The shareholders who were originally united have become polarized. Many people invested in Nikon to maximize their profits. Their shares are worthless, so how can they sell them now?
Unlike retail investors who, upon seeing a drop, think, "Surely I won't sell; I'll just wait for it to go up."
Investors prefer quick entry and exit, and would rather sell at a loss than let their funds get tied up. Being tied up means the funds can't circulate, which is a major mistake.
After a morning of capital increase and share expansion, Xing Baohua invested 500 million US dollars. Since it wasn't his own money, he didn't care.
Just throw it as much as you want.
With a market capitalization of over 10 billion, roughly 100 million would acquire 1% of the shares. Including the circulating shares and shares issued through share expansion, Xing Baohua's total shareholding reaches approximately 17%, making him a major shareholder among individual shareholders.
Currently, it is the fourth largest shareholder of Nikon.
Of course, he has not yet absorbed the shares of other shareholders. Once the transfer agreements with other minority shareholders are completed, he will definitely become the largest shareholder.
Then we can flip the table.
After completing the capital increase and share expansion, Xing Baohua wanted to propose electing a chairman, but Xiao Zhaoyibei refused, saying that today was not suitable and that another day would be fine.
Well, what can you do when he's the chairman now?
I suspect this old guy is using delaying tactics, planning to coordinate something later.
After the meeting, Xing Baohua returned to his hotel. On the way, his bodyguard told him that two cars were following him.
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