"The purpose of taking over Nikon is to help everyone make money. As for the operational plan, I'm sorry, that's a trade secret."
This statement is essentially meaningless.
"I heard you're going to move your Nikon to your country, Z?" another person stood up and asked.
"I never intended to move Nikon to China. I only plan to establish two other projects. The first is in the United States, and the second is to build an assembly plant in China. These are two different projects. Will Japanese Nikon stay here forever?" Xing Baohua tapped the table and said emphatically.
"Our colleagues are concerned that before you joined Nikon, you ordered a large number of servers from IBM in Nikon's name. Does Nikon need so many servers?"
"DaMi and Nikon will form a new company or department called DaMiNikon. The server's purpose is to build an internal local area network. Each engineer can upload and share data using their own computer, thus enabling efficient work," Xing Baohua explained ambiguously.
Is the server you built secure?
"We won't be connecting to the external network for now; it's secure. Once we connect to the external network, we'll outsource network security to Shield Security," Xing Baohua explained.
One mischievous person, trying to set a trap, asked, "Mr. Xing, it's said you have multiple transport planes. In the event of war, would your transport planes help transport war supplies?"
Xing Baohua noticed that the person who asked him the question was a woman who spoke fairly fluent Mandarin, so he asked, "Which media outlet are you from?"
"A reporter from the United Times."
Xing Baohua nodded. He was right; they were even trying to trick him. After thinking for a moment, he said, "First of all, let me clarify that the transport plane doesn't belong to me personally. It belongs to Huahong Logistics Company, a subsidiary of Huahong Group, which is also a listed company. The transport plane is only used for civilian logistics."
At this point, Xing Baohua paused slightly, staring at the woman who had asked the question, and said, "I don't have the right to control logistics transport aircraft, but I have a private plane. If it really comes to war, I am willing to have my private plane requisitioned."
His words made the reporters in the audience laugh.
Is the fuel cost enough to transport supplies in a small private plane?
Following this topic, someone asked Xing Baohua about the ownership of his plane.
This statement is also a small pitfall, misleading the public. The ownership is under Xing Baohua's name, but it was purchased with company money.
Is he misusing group assets? He owns several listed companies, is he indirectly spending investors' money?
Xing Baohua smiled slightly and said, "Go back and look up what a private jet is."
The company initially purchased the plane to avoid taxes. If Xing Baohua had bought it himself, he would have paid a huge amount of taxes.
After purchasing the aircraft, the company transferred it to Xing Baohua for the same price. Xing Baohua then leased the aircraft back to the company, using his position as chairman to exclusively use the aircraft.
By leasing the aircraft, Xing Baohua could cash out the money for the plane. The company could also deduct this amount from its taxes. The biggest advantage of Xing Baohua cashing out the money for the plane through rental payments was that the plane remained in his name. Even if the company went bankrupt due to debt, the plane would never be mortgaged.
All wealthy people operate this way: the company is the one in debt, and it has nothing to do with the boss.
It is said that Wang, the richest man in China, owes 200 billion yuan. When asked by reporters whether he was under a lot of pressure, he replied that Wang was in debt.
He said the company owed the money, not him personally. I'm still very wealthy.
Look how arrogant he is.
If that guy who became famous for selling mobile phones and TVs had a good tax avoidance expert, would he have ended up in such a sorry state?
He got himself into trouble. Not only did the company go bankrupt, but he also owed billions of dollars.
Then another reporter asked, "President Xing, it's said that you previously purchased a lot of refined oil in the United States. Is that true?"
After hearing this, Xing Baohua smiled slightly and readily replied, "Yes, because I own a logistics company that mainly deals in transport aircraft, and I also have a car manufacturing plant. Both require fuel. Is there a problem?"
Xing Baohua increasingly felt that these media outlets were there to cause trouble, and they were digging really deep. He couldn't let them lead him by the nose.
Who leaked the news about the oil?
If we know he bought the oil, we can know which company he bought it from, and whose connections that company has...
The deeper you dig, the more problems you find.
Anyone who isn't an idiot can connect the dots and understand why Old Bu spoke, and who ultimately benefits.
It all points to Xing Baohua!
Xing Baohua's answer was fine, after all, a reporter had asked him about the transport plane before.
The question was very vague, and his answer was also vague, without any clear data, which is a good way to cover things up.
Xing Baohua glanced at his watch, indicating that he had another meeting to attend, and asked his secretary to give him a small red envelope as a token of appreciation.
The secretary wasn't prepared and thought of using the finance department, but luckily the chief secretary was experienced and had already made preparations.
Fortunately, the accounting wasn't manipulated, otherwise it would have left Xing Baohua with potential problems. The finances of a listed company are transparent; if the secretary had used the funds, it wouldn't be an exaggeration to say she'd bribed these reporters.
Regardless of whether Xing Baohua is the chairman or not, this is a serious mistake and a waste of investors' money.
This excuse can be used to bring him down.
Xing Baohua returned to his office and had just sat down for a short while when Nantian Kazuo arrived.
He invited the other person to sit down, poured them a cup of tea himself, and asked, "Have you figured it out?"
“Yes, I’ve decided to stay with Nikon.” Kazuo Minamida spoke with the utmost respect, his tone and expression as if he were a tamed dog.
"You should think carefully before staying with Nikon, or you could easily be turned into a lackey," Xing Baohua said with a chuckle.
"So what? If you really keep your word and entrust Nikon to me in the future, why would I be afraid of them?" Kazuo Minami said with a serious expression and a somewhat domineering tone.
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