Reborn in Hong Kong: The Tycoon Grows Up

Chapter 788 Mitsubishi’s Strength

Bao Zixuan and Wu Baifu have already determined the general direction, and the rest is left to the people below to follow up. Moreover, Bao Shoufao is just an investment; as long as the company operates normally, making money is not a problem at all. The most important thing was to get a factory, although Heiyun had to pay for it. But compared with the income, it is nothing at all.

At ten o'clock the next morning, Bao Zixuan came to the office of Koki Iwasaki of Mitsubishi Group in Tokyo. Japan's Mitsubishi and South Korea's Samsung can be said to be equal. Although Samsung is more important than South Korea, that is not because Samsung is stronger than Mitsubishi. It's because Japan's economic scale and technological strength are stronger that Mitsubishi doesn't seem to have Samsung's transcendent status in South Korea.

In later generations, there were only a few SUV models struggling to survive in the Chinese market, so for Chinese consumers, Mitsubishi's presence is no longer the same as it was more than ten years ago. Coupled with the fact that Nissan was hit hard by reports of fuel consumption fraud and was acquired by Renault-Nissan at a low price, Mitsubishi Motors, which was once passionate and full of black technology, has also drifted away. Seeing this situation, it is estimated that most people will think that the Mitsubishi brand is on its deathbed and is about to go bankrupt.

That's because they don't understand the real strength of Mitsubishi. Mitsubishi Motors is just the least popular among Mitsubishi's many branches. It's understandable to say that it has the lowest status. In fact, the Mitsubishi Group not only owns Mitsubishi Motors, but also owns Fuso Motors, which specializes in the production of trucks, buses and special vehicles. Although it was acquired by Daimler Group, Mitsubishi still needs to use the Mitsubishi logo to attract consumers in Japan.

The most important company under Mitsubishi is undoubtedly Mitsubishi Heavy Industries; it is the "national treasure" enterprise of the Mitsubishi Group. In the automotive industry, Mitsubishi Heavy Industries not only produces auto parts such as vehicle turbochargers and air-conditioning compressors, but also produces manufacturing machinery such as machine tools and vehicle tire production machines, and even sensors that determine whether to detonate airbags in a collision. Mitsubishi Heavy Industries can manufacture and produce them by itself.

These are just appetizers for Mitsubishi Heavy Industries. In addition to logistics and environmental protection businesses, Mitsubishi Heavy Industries has also made great achievements in many fields. It is worth mentioning that Mitsubishi Heavy Industries is also Japan's largest military industrial enterprise.

The famous Zero fighter aircraft during World War II was produced by Mitsubishi Heavy Industries, and it is still providing military aircraft to the Japanese Self-Defense Forces. In the field of civil aviation, Mitsubishi Heavy Industries can produce up to 35% of the parts for the Boeing 747 passenger aircraft, including the composite wing with the highest technological content on the Boeing 747.

In addition, in terms of aerospace, Mitsubishi Heavy Industries has also made considerable achievements. It is able to produce Japan's H2A and H2B launch vehicles that participate in the International Space Station.

What Bao Shaofu is most interested in is the shipbuilding business of Mitsubishi Heavy Industries. Mitsubishi Group started out as a shipping company, so shipbuilding seems natural. Among them, Mitsubishi Heavy Industries is involved in everything from oil tankers, container ships, to passenger ships, to special purpose ships responsible for marine research. In addition, Mitsubishi Heavy Industries can also produce low-carbon emission marine gas turbines to reduce the impact of ship transportation on the global climate.

In addition, most of the navy's warships and submarines are also manufactured by Mitsubishi Heavy Industries, which shows its strength and achievements in the field of shipbuilding.

Mitsubishi Heavy Industries also has elevators, tanks, subways, forklifts, air conditioners, retractable roofs, eccentric Ferris wheels, wind and solar power generation, high-rise building earthquake prevention and other technologies; the coverage is quite extensive.

Nikon Camera is also controlled by the Mitsubishi Group and is considered a member of the Mitsubishi Group. This is one of the top three optical overlords in the world, which shows that Mitsubishi's achievements in the fields of optics and chips are definitely not low.

Nippon Shipping Company is also an important member of the Mitsubishi Group. The company owns the world's largest ro-ro transport ship and 660,000 transport vehicles, directly occupying 17% of the world's automobile transportation share. At the same time, Japanese shipping companies are now also venturing into the air transport industry and real estate.

Like Heiyun Group, Mitsubishi Group founded Seiki University as early as 1949. The university is located in Tokyo, Japan, and has a unique relationship with the Mitsubishi Foundation, so most of the students are the children of Japanese nobles or businessmen.

In addition, the Mitsubishi Group also owns insurance companies, Mitsubishi Bank, Mitsubishi Steel Corporation, Mitsubishi Materials Science Corporation, Mitsubishi Electric Corporation, and Mitsubishi Chemical Corporation. In short, there are very few tools and materials used by people in this world that the Mitsubishi Group cannot produce.

Among them, Mitsubishi Chemical Company owns Mitsubishi Pharmaceuticals, Mitsubishi Man-made Fibers and a semiconductor storage company. It also produces chemical-related automotive parts, such as plastic decorative panels in the car, lithium-ion power batteries for vehicles, and carbon fiber composite materials.

In materials science, it is definitely the leader in the world, and it can be said to be a well-deserved giant. It is an absolutely strategic enterprise, and there are very few companies in the world that can compete with it.

Although Heiyun Group is also developing in the direction of Mitsubishi Group, Bao Zixuan knows. Now the strength of the two companies is very different, and they are not in the same weight class at all.

Mitsubishi Group has developed for more than 100 years and has already completed its primitive accumulation. Whether it is the training of family members or the construction of a talent echelon, everything has been done with ease.

On the other hand, Bao Zixuan is the only one in Heiyun Group who decides everything. Entrepreneurs are very capable and are not prone to major mistakes. But what to do if the successor is incompetent? This is what the Chinese say, and wealth cannot last more than three generations.

Heiyun Group seems to be developing rapidly, but there are too many hidden dangers. Bao Zixuan wanted to change, but it was difficult for one person to make a big breakthrough alone.

After looking at the introductions of various branches of the Mitsubishi Group, Bao Shoufang said: "The strength of the Mitsubishi Group is one of the best in the world. If I were to exchange it for the Heiyun Group now, I would not hesitate."

Everyone knows that this is a joke. Even if the two families agree, the Japanese government and the British Hong Kong government will not agree. It's not very useful for Bao Zixuan to control Mitsubishi in name. The people below may not listen to you. The same is true for the Iwasaki family. Heiyun's managers and engineers may not necessarily give them face.

Iwasaki Koki said with a smile: "I have no problem, but I alone can't say anything about Mitsubishi. Unlike Baosang, you are the only shareholder in the entire Heiyun Group. After so many years of development, Mitsubishi's shareholding structure is quite complex."

Although I knew what Bao Zixuan said was more of a compliment, it made people feel very comfortable listening to it. Although it is impossible for the two companies to exchange, they still cannot directly talk to each other. Saving each other's face is the most basic courtesy in business negotiations.

Bao Zixuan: "That's really a pity. The main purpose of coming to Japan this time is to strengthen cooperation with Mitsubishi Group. Currently, many parts of Boeing are produced by Mitsubishi Heavy Industries, and some parts orders for the Black Cloud 919 passenger aircraft can also be handed over to Produced by Mitsubishi."

"At the same time, I know that Mitsubishi has always had the dream of manufacturing large aircraft. Heiyun Group has reached an agreement with McDonnell Douglas. McDonnell Douglas is responsible for the overall design, and Heiyun is responsible for the design and production of core components such as override systems and aero engines. A supplier with a complete aircraft manufacturing system. If Mitsubishi is interested, the three of us can form a joint venture to specialize in the production of very large civilian aircraft."

Bao Zixuan's proposal was very interesting to Koki Iwasaki, if no American company joined. He really didn't dare to do it, after all, where does Boeing's strength lie? Americans have also been wary of Japanese companies and do not allow them to produce large passenger aircraft. Otherwise, with the Japanese technology, it would not be difficult to produce large civilian passenger aircraft.

If Boeing's threat is countered by McDonnell Douglas, the success rate of the project will be very high. If it were just Heiyun and Mitsubishi, they might not be able to get things done. Super large civilian passenger aircraft involve too many political factors. It does not take money and technology to get the aircraft into the sky.

Bao Zixuan never suffers losses in business, and now he has an order for parts for the Heiyun 919 passenger aircraft and a joint venture to produce super large passenger aircraft. This will help Mitsubishi make a fortune and at the same time enhance Mitsubishi's overall strength.

There is no such thing as a free lunch, and this guy must be asking for something. We are all smart people and will not easily take advantage of our competitors.

Iwasaki Koki: "Everyone will be tempted by the conditions proposed by Bao-san, and they seem to be tailor-made for Mitsubishi. We have a cooperative relationship, but there is also a competitive relationship. There is no company in the world that helps competitors without asking for anything in return. Please tell me clearly what conditions you have, at least let me know."

The bait given by Bao Zixuan is not small, even if it is as powerful as the Mitsubishi Group, it will be tempted. Now it depends on what conditions Bao Shoufang proposes and whether Mitsubishi can bear them.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like