Now that the invitation has been sent, Mingjing Nan no longer needs to stay here. He stood up from the sofa with his mobile phone and bowed slightly to Li Yuanbin: "President, I will leave first!"

Although the relationship between the two people is more than a little bit familiar than before, in Mingnan's opinion, it is not yet to the point where he can say goodbye without saying hello.

Li Yuanbin put down Erlang's legs and nodded, also got up from the sofa, ready to see Mingjing Nan off.

The two of them stood at the door. Li Yuanbin leaned against the wall and watched Ming Jingnan change her shoes. The moment she raised her head, Li Yuanbin immediately turned her head and looked away.

"Then let's see you tonight!"

"Well, see you tonight!"

After watching Ming Jingnan leave, Li Yuanbin nodded to Cui Wenxiong, who had been standing in the yard for a long time: "Come in."

"Inside!"

Back inside the house, Li Yuanbin sat casually where Mingjing Nan was sitting just now, then crossed his legs and opened the document collected by Park Xueyun that Cui Wenxiong had asked him to bring.

Looking at Cui Wenxiong who was already standing in front of him, Li Yuanbin nodded slightly, then lowered his head and looked at the information in his hand, and said indifferently: "How is the investigation of the matter you were asked to investigate?"

Although Cui Wenxiong now plays more of a bodyguard role next to Li Yuanbin, he also manages a team, the core members of which are a group of people from the United States headed by his younger brother Cui Wenzhi and the Shi brothers Shi Jianxun and Shi Jianguo.

People who have returned from retirement.

Of course, these people did not all come from the same place. After retiring, they were arranged by Cui Wenxiong to various countries.

After years of accumulation, it has begun to take shape.

Cui Wenxiong nodded slightly, and then recalled in his mind the investigation he and others did today after Li Yuanbin went to the Neon Branch of Peninsula Energy Group.

He organized his language and then said to Li Yuanbin: "According to our investigation, Toshiba Group, which has been dragged down by its nuclear power business, is currently planning to spin off its most competitive flash memory business into Toshiba Storage Company, and then seek to sell it to cover the company's insolvency.

loopholes, and a consortium headed by American Bain Capital will arrive in Neon next month to discuss the acquisition of Toshiba Storage Company with Toshiba Group..."

Li Yuanbin nodded solemnly. This is a very good opportunity. If Toshiba Group's flash memory industry is captured, Kering Group will take a huge step forward in the semiconductor field.

If I had to use it to describe it, it would be as huge as if you, a fresh graduate with a degree in finance, directly became an executive at a top Wall Street investment bank.

And unlike Toshiba Group's spin-off of white goods and computer businesses, flash memory is Toshiba's flagship product. If it were not to make up for the huge losses left by the Westinghouse nuclear power business, Toshiba would definitely not sell the hens that can lay eggs.

Li Yuanbin looked at the information in his hand with a solemn expression, which contained all the details of the sale of Toshiba Storage Group.

After thinking for a long time, Li Yuanbin slowly raised his head, with a sharp look in his eyes: "Tell Pu Xueyun and ask her to notify all the top management of Kering Group, and we will have a short video conference in an hour."

Li Yuanbin looked at the time and saw that there was still some time before dinner, so he just took advantage of this time to explain the matter clearly.

Originally, Li Yuanbin had not thought about it so quickly, but when he heard that the Bain Capital Alliance would arrive in Neon next month, Li Yuanbin changed his mind. He was planning to acquire Toshiba Storage Group at this time!

It was not until this moment that the real purpose of Li Yuanbin's visit to Neon was revealed.

Li Yuanbin’s goal is not to rectify the Neon Branch of Peninsula Energy Group or to meet with Cosmo Oil Chairman Kurokawa Takazawa! The acquisition of Toshiba Group’s top flash memory business is Li Yuanbin’s goal!

This is why when having dinner at the Blue House, Li Wonbin chose to ask the president for a "golden holy sword" when it came to acquiring and saving Peninsula Energy Group.

With the help of loose policies, Li Yuanbin obtained a large sum of money from the bank. Although the acquisition of Peninsula Energy Group cost a small part, Kering Group has almost split Peninsula Energy Group during this period. Some disadvantages

The business has also found its next home.

Kering Group has always been known as the "upstart" in the peninsula.

The company does not have a long history, but it is rich!

Not to mention that Kering Group has now received huge loan funds from banks. It can be said that the funds currently lying on the books of Kering Group are unimaginable for ordinary companies.

[A novel app that has been running stably for many years, comparable to the old book-chasing tool, a source-changing app used by old bookworms, huanyuanapp]

Cui Wenxiong nodded solemnly: "I'll do it right away!"

after an hour.

In the study room of the villa, Li Yuanbin sat in front of the computer and looked at the screen. The screen was divided into a dozen small squares, and men and women in suits and leather shoes appeared on them.

Park Seol-yoon was also among them, but she was in her own room in the hotel.

Seeing that everyone was here, Li Yuanbin nodded slightly, and then said to Pu Xueyun: "Tell everyone what is happening now!"

"Okay, President!"

Park Xueyun nodded, then gently pushed up the glasses on the bridge of her nose, and then told the executives about the recent events of Neon Toshiba Group.

"Starting from 2016, Toshiba Group has appointed a new CEO. This new CEO is called Satoshi Tsunakawa. Before he came to power, this person was the head of Toshiba's medical department."

"This man had just come to power. In order to save the life of Toshiba Group, he sold the medical department, which was relatively profitable at the time, to Canon for US$5 billion. And it is worth noting that Toshiba Group used it to acquire Westinghouse Electric.

$5.4 billion.”

"Then this was just the beginning. Later, he sold a lot more, selling part of the semiconductor business to Sony, and then sold all the white goods business to a Chinese company. This Chinese company is called Midea Group, which sold for US$3 billion.

, because this project is not profitable, Midea buys it, and Midea can make money through its own sales channels.”

"So many businesses were sold, but only the nuclear power industry was not sold. Instead, the money was used to continue investing in the nuclear power industry. At the end of 2016, Toshiba Group acquired an American nuclear power engineering company through Westinghouse Electric, and this matter later became Toshiba's

The trigger for the group’s insolvency.”

In just a few words, Park Seol-yun summarized Toshiba Group's actions in the past few years. After saying this, she paused consciously to give the senior executives of Kering Group enough time to digest.

Li Yuanbin also waited for a few minutes before speaking: "So the reason for Toshiba's huge losses is that Westinghouse Electric made a very big mistake in the cost accounting of building four reactors in the United States, and the cost was 690 billion more than they expected.

Japanese yen, and Toshiba has to follow up. If it does not continue, then everything done before will be in vain!"

"I want to continue investing, but Toshiba is now insolvent, so now Toshiba wants to sell its flagship industry, the chip flash memory industry."

Li Yuanbin said in a calm tone, without any ripples, as if the 690 billion yen in his mouth were just drizzle.

On the screen, Park Xueyun also nodded, and added again with a solemn face: "According to Toshiba's first quarter financial report last year, Toshiba's chip business department's net revenue accounted for 30% of total revenue, operating profit, chip business

The department has an absolute advantage, its performance accounts for 30% of the entire group, but its profits have an absolute advantage."

"Why is 30% of the performance profit still an absolute advantage? This is also because the operating profit of the chip business reached 24.1 billion yen, while the profit of the entire Toshiba was 20.1 billion yen, which means that other departments a year

It has always made losses, and now the only thing it makes money from is the chip department!"

After explaining the importance of Toshiba Group's chip flash memory industry, Park Seol-yoon made a final summary of Toshiba Group.

"So there are three reasons why Toshiba Group is declining: First, it is the same problem as Peninsula Energy Group, financial fraud. Because of Toshiba's corporate culture, subordinates can never resist their superiors. The subordinates must complete the goals set by their superiors. The previous CEO

When handing over to the next CEO, the goals set must be achieved. If the next CEO cannot achieve it, he can only resort to fraud!"

"So through such a fraud, many people will let people all over the world know what kind of corporate culture is inside Toshiba, and let people all over the world know that Toshiba values ​​data over credit, and loyalty is better than honesty.

The three leaders lied to each other!"

"Second, that was the Fukushima earthquake a few years ago. It was a natural disaster."

"Third, there were major mistakes in the investment and operation of the entire company group, which made Toshiba Group ultimately insolvent and had to sell its flagship chip flash memory business."

"All the details of Toshiba's sale have been established. Chairman, I've finished!"

After Park Seol-yun explained all the information about the sale of Toshiba Group that he now had, he took a deep breath and nodded to Li Won-bin.

Li Yuanbin nodded indifferently, then looked at the computer screen and said, "Thank you, Secretary Park, for your explanation! Do you have any thoughts about this sale now? While there is still some time before get off work, you can share your thoughts!"

"If we win this acquisition, it will be a huge step forward for us in the semiconductor business. In the NAND SH field, we will become one of the world's top players."

One of the executives who previously worked in the semiconductor business expressed his views on the sale of Toshiba Storage Group.

There is a small knowledge point to mention here, that is nand sh.

NAND is currently the most important product in flash memory, with the advantages of non-volatile, high density, and low cost.

In nand flash memory, data is stored in memory cells in the form of bits. One cell stores one bit. These cells are either 8 or 16 units, connected into bit lines, and these lines are combined to form a page.

.

NAND flash memory reads and writes data in page units and erases data in block units. Therefore, although its writing and erasing speed is about 3-4 orders of magnitude slower than DRAM, it is also 3 orders of magnitude faster than traditional mechanical hard disks.

, is widely used in emmc/emcp, USB disk, ssd and other markets.

The NAND SH market is almost entirely divided by six companies including Samsung, SK Hynix, Toshiba, SanDisk, Micron and Intel. Among them, Samsung has a monopoly position. In 2018, its DRAM accounted for 45.8% of the world's DRAM and NAND accounted for 37%.

If Kering Group can acquire all Toshiba Group's industries in this area, then Kering Group can be said to have transformed into one of the giants of NAND SH flash memory.

Li Yuanbin glanced at the senior executive emphatically, then nodded slightly, and then said to everyone: "According to reliable information, the consortium headed by Bain Capital of America will arrive at Neon next month to make a bid for this sale.

, so we have to do it as soon as possible.”

The executives of Kering Group also nodded in agreement.

Li Yuanbin looked at the time and found that it was already getting late. He turned to look at the senior management of the group who was responsible for acquisitions, and then asked: "How much money can we take out now?"

The senior executive said to Li Yuanbin without thinking: "At present, all the acquisitions planned by the group have been completed, and a considerable part of Peninsula Energy Group's properties have been sold. In addition, we have loans from banks and some debts. It is conservatively estimated that

We have nearly $60 billion in capital."

Li Yuanbin nodded without any trace, and then there was endless silence as he thought about how much money he should spend to complete this matter.

After thinking for a long time, Li Yuanbin slowly raised his head. His originally deep eyes became extremely crazy, but his expression was very calm: "Set aside 35 billion US dollars in funds to acquire Toshiba Storage Group and send a team here tomorrow.

Bar!"

"Guilty! We got it!"

The executives in the video nodded heavily in agreement.

After deciding to join Toshiba Storage Group to sell the company, Li Yuanbin also relaxed, raised the corners of his mouth slightly, showed a smile, looked at the people on the screen and said with a smile: "Okay, everyone, thank you for your hard work, you can get off work now!"
To be continued...