The Son of Finance of the Great Age

Chapter 657: Mitsubishi Nikken Financial

  Chapter 657 Mitsubishi UFJ Finance

   "Zhong Sang, please!"

   After saying this, an old man with white beard and hair made a deep ninety-degree bow to Zhong Shi. Seeing that the other party was indifferent, the old man began to take off his leather shoes again, ready to bow down.

   "Zhong Sheng, is this too much?"

Jiang Shan, who was sitting next to Zhong Shi, couldn't help reminding in a low voice, "It would be embarrassing to let an elder of this age kneel down for you. Besides, we are their shareholders anyway, and we are a community of interests. There's no need for this old gentleman to be so servile, is there?"

"You don't understand." Zhong Shi replied with a smile, "Pan Liu Xinxiong is competing with Yong Yi Kedian for the position of president recently. Both parties are trying their best to win the support of shareholders, and I am one of their key targets. And , don’t think that kneeling is a big gift, these etiquettes are understood by the Japanese differently from ours. You see, Pan Liu Xinxiong dawdled for a long time, didn’t he still not kneel down?”

Jiang Shan opened his eyes again and saw that as expected, Pan Liu Xinxiong, with white hair and chicken skin, saw that Zhong Shi was indifferent, and the posture that was about to kneel down turned into sitting cross-legged by the way. He was sitting on the other end of the tatami, looking at Zhong Shi and There are two people in Jiangshan.

   Sure enough, they are all human beings, I'd better not interrupt rashly. Jiang Shan thought about it in his heart, and decided to watch his nose and nose, and ignore the negotiations between these two.

  Ban Liu Xinxiong, the current president of Japan Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group is formed by the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, and is currently one of the largest financial groups in Japan. Pan Liu Xinxiong became the president of this giant at the beginning of the merger in 2006. Although UFJ successfully dealt with the bad debt crisis of UFJ Holdings in the early stage, Mitsubishi UFJ Financial Group soon fell into a situation of stagnant growth. It may be the first time to fall into a loss situation.

  Conflict broke out.

  Originally, the management personnel of UFJ Holdings began to move around, wanting to use this opportunity to bring down Nobuo Hanyanagi from Mitsubishi Tokyo. The candidate they proposed for president was the current vice president Katsuniya Yongyi. This is the beginning of the open and secret struggle between the two parties, and the targets of the draw are the various shareholders of MUFG.

   Among the shareholders of Mitsubishi UFJ Financial Group, the major shareholder who prefers UFJ is about 42%, and the major shareholder who prefers Mitsubishi Tokyo is about 39%. The gap between the two parties is very small. Among the overseas investors who have a total of about 15% of the voting rights, Tianyu Fund occupies 4.79% of the shares, which is equivalent to one-third of the shares except for the Japanese local chaebols. Moreover, as a top-level investment fund, the side supported by Tianyu Fund will inevitably affect the opinions of other shareholders who are on the sidelines. Therefore, Zhongshi has become a key public relations target for both parties.

   Just as Pan Liu Xinxiong arrived in Hong Kong, Yong Yi Kedian had just boarded the departing plane. However, this ambitious guy who wanted to replace Liu Xinxiong didn't get the answer he wanted, so he had to leave unhappy.

  However, to Yong Yi Kedian's comfort, Zhong Shi still gave him a promise, that is, if there is a decision, he will officially notify the other party. That would at least let him know what targets Chung-shik supports before he votes at the shareholder meeting.

Pan Liu Xinxiong came to Hong Kong under the banner of a plan. At present, Mitsubishi UFJ’s operating income and profits have both declined, and it has been unable to make ends meet. As a giant company with an annual profit of nearly 10 billion US dollars, this is unimaginable. of. Therefore, this excuse can be justified. Compared with Yongyi Kedian's sneaky "canvassing" behavior, his trip this time is very aboveboard.

   After booking a prestigious Japanese restaurant in Central, Pan Liu Xinxiong invited Zhongshi. After three rounds of wine and five flavors of food, Pan Liu Xinxiong began to test.

"Zhong Sang, as a well-known investor in the world, you are still one of our major shareholders. At this critical juncture, can you give us some small suggestions for our business, so that we can get out of the current predicament as soon as possible? You know, an increase in the stock price is also beneficial to you.”

"How can I, as a minority shareholder, say anything about this kind of thing? Let's talk about it!" Zhong Shi took a piece of sashimi and put it into his mouth leisurely. Said vigorously.

  Seeing this scene, Pan Liu Xinxiong thumped in his heart, knowing that the other party might not express his opinion easily. So the scene at the beginning appeared.

   It needs to be explained that due to geographical reasons, the national character of the entire Japanese nation is full of two contradictory personalities: arrogance and extreme inferiority. For the Japanese, the prevailing concept of good and evil does not apply to them, and the simple and crude law of the jungle is more popular with the Japanese. That is to say, if it is a strong person, the Japanese will usually admire them, but they will sneer at the weak ones.

   As a person who once made huge profits on the Nikkei Index and suffered a heavy blow to a Japanese conglomerate at the March Copper Market in London, Zhongshi has a great reputation in the Japanese financial circle and was once called a "financial prodigy". Later, Zhong Shi's behavior of defeating the Americans in Hong Kong made some Japanese financial people look at him with admiration, and even secretly called Zhong Shi the "Light of Asia". Maybe Zhong Shi himself didn't know that he had such a high status among Japanese financial people.

   "Zhong Sang, if you want to get your opinion, what kind of conditions should you pay?"

  After sitting down again, Pan Liu Xinxiong's expression changed for a while, and he decided to ask straight to the point. Originally, he planned to obliquely ask the other party's opinion on the board vote, but now it seems that this strategy is not very effective.

"Mr. Panliu, since you're straight to the point, I won't hide anything anymore." Zhong Shi still had a calm expression, "According to what you said, Mitsubishi UFJ Group is currently encountering some difficulties. I think this may be There are reasons for the management and the general environment. You should be clear that I am purely investing and don’t know much about management. So it is obviously impossible and impossible to get some advice from me. Reality."

"No! No! No!" Pan Liu Xinxiong quickly waved his hand to deny, "Mr. Zhong, I think you have misunderstood me. Regarding management, I have drawn up a new management plan with other members of the board of directors. The new plan It will be presented to the board shortly, and here is the full text."

While speaking, he waved his hand towards the bottom, and several accompanying people who had been kneeling by the tatami mat immediately took out a document that had been prepared a long time ago from the briefcase. After Pan Liu Xinxiong took it, he handed it to Zhong Shi respectfully. , and explained at the same time: "Zhong Sang, please take a look at it. The new operation plan includes substantial cost reduction, global layoffs, and new business expansion. I believe that after implementing this new plan, the entire group will quickly turn losses into profits."

   "So what is your purpose of looking for me?" Zhong Shi glanced roughly, and then handed it to Jiang Shan beside him, "Let me support your plan?"

"Of course, but it's more than that!" Pan Liu Xinxiong nodded his head like a chicken pecking rice, "I'm really ashamed to say that some people are very dissatisfied with me because of the wrong business strategy before. As far as I know , They are planning to replace me at the annual general meeting of shareholders. This behavior, which is close to treason, is simply a disgrace to MUFG. The purpose of my coming this time is to ask Zhong Sang not to listen to a certain The bewitching of some people made this kind of scandal happen."

   "Please, Zhong Sang!"

   After he finished speaking, he lowered his head again, and his head even touched the table, making a low bang.

  As he made this movement, the other entourage hurriedly lowered their heads towards Zhongshi, because sitting on the ground and bending their entire waist, their posture was infinitely close to kneeling.

   Regarding their actions, Zhong Shi remained indifferent. He was well aware of the urinating nature of the Japanese, and besides, they do this posture 80 times a day if not a hundred times in daily life. It is not at all sincere. So he lit a cigarette and enjoyed it with gusto. Although these guys hung their heads, after five minutes, these Japanese people might not be able to stand it anymore. After exchanging a look in private , raised his head again.

   "Zhong Sang, is there a problem?" Pan Liu Xinxiong asked carefully while rubbing his sore neck, "Did my request embarrass you?"

"It's not difficult!" Zhong Shi poured a glass of wine for Pan Liu Xinxiong with a wine bottle, and replied with a smile, "But Mr. Pan Liu, you should be very clear that Tianyu Fund does not interfere with the operation of the investment object. Otherwise, we generally agree with the current management. On this point, we agree with you and your team's ability. But in business, if I promise you this time, I don't know what I can get from it. What good?"

"Benefits?" Pan Liu Xinxiong was confused, stared at Zhong Shi with wide eyes, and after a while he suddenly realized, "Yes, of course there are benefits. But Zhong Sang, what do you want? The only thing I can give you is the power of the board of directors Yes, if you wish."

"Power?" Zhong Shi shook his head like a rattle, "As for wealth, I'm afraid that Mr. Pan Liu can't provide it to me. So you think I'm seeking more power? But I regret to tell you that's not the case , I am not interested in having more say in MUFG. What I am asking for is a request, a request that cannot be refused.”

   "A request that cannot be refused?" Pan Liu Xinxiong's face suddenly turned ugly. This is almost equivalent to giving the other party a sharp blade. If Zhong Shi made an unreasonable request, he would never agree, but he did not rush to refuse, and asked tentatively, "I don't know what kind of request? I'm very sorry." , I have to think about it!"

It's just that Zhong Shi's next words made Pan Liu Xinxiong dumbfounded, "As for the specific content of the request, I haven't thought about it yet. But you can rest assured that I will not make excessive demands. Second, the total amount of the request is not enough. It will exceed US$10 billion, that is to say, it will not exceed the market value of my current shares in MUFG. Also, I will not harm the interests of MUFG. How about, with these three guarantees, will you Do you think my request is more reliable?"

"How can I not think that Zhong Sang's request is unreliable?" Pan Liu Xinxiong smiled forcefully, "I have always been a fan of Zhong Sang. I also believe that with Zhong Sang's reputation, ability and professional ethics, I will definitely not do it." Something that hurt Mitsubishi UFJ. But what I don’t understand is, wouldn’t it be better if Tianyu Fund came forward?”

"All I need is a promise." Zhong Shi was noncommittal, and explained lightly, "I just don't know when this promise will be available. Maybe I won't need this favor until the day Mr. Pan Liu retires. Keep it This, just in case, I hope to be able to use it when needed. Of course, I hope that day will never come."

"Zhong Sang is really thoughtful, but I have no way to agree to you right now, I need to discuss with other shareholders!" Pan Liu Xinxiong thought and thought, but in the end he didn't dare to agree on the spot. Although he really wanted to agree right away, the fact was that Don't allow him to do that.

"No problem, I will wait for your answer at any time before the shareholders' meeting!" Zhong Shi raised his cup, touched the other party lightly and drank it down, "But Mr. Pan Liu, don't really make me wait until that day .”

   "Of course! Of course!" Pan Liu Xinxiong replied unnaturally, suppressing the horror in his heart.

  The reason why I was horrified deep down was because Nobuo Pan Ryu thought of an American movie called "The Godfather". The mafia boss in the movie is to borrow other powers in a way of indebtedness, and finally save the day. And now, how similar is Zhong Shi's approach to that mafia boss?

  Looking at Zhong Shi's face that was too young, Pan Liu Xinxiong was in a state of confusion for a moment, and he couldn't taste the wine in his mouth anymore.

   Thanks to the book friends Little Little Pig, Lan Yan_, Si Wuxie``, God Kalm, it wasn’t me last night, Nan Wu Oh Nei Tuo Buddha for voting monthly! Thanks to the book friend ymp200 for the generous reward! The author also hopes that this month can work hard and not be as weak as before. It’s just that sometimes the train of thought still can’t keep up, and now it takes a lot of time to conceive. I hope everyone can understand and be considerate of this.

  

  

  (end of this chapter)

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