Fan Wubing still couldn't have dinner at home at night, so Boss Zhu treated her to her.

Of course, Boss Zhu would not invite him to dinner for no reason. This time, he was just asking him to participate in the negotiation and dinner with Kodak.

However, no matter what, Boss Zhu has no idea about how much importance Fan Wubing attaches to him. Just because Fan Wubing said that he wanted to participate in Kodak's film industry acquisition case, he nodded without hesitation. This means that some of the things he did in the past few years need to be adjusted, and the impact on the negotiation team is still very great.

Currently, the negotiations with Kodak are representatives of the domestic film industry association. Representatives of seven domestic photosensitive material manufacturers, including Lekai, participated. Therefore, this time the meal included representatives of these seven companies, negotiators of Kodak, and several leaders of national ministries and commissions. A total of more than 20 people participated.

Of course, Ye Ying, the plenipotentiary representative of Kodak, was also a focus of the dinner party. Fan Wubing admired her very much. At such an old age, she still dressed up like a butterfly, which really took a lot of courage.

After the recent stage of negotiations, the cooperation agreement has basically been decided. The Chinese government has implemented different policies for six domestic photosensitive companies except Lekai. Xiamen Fuda, Shantou AD, Wuxi Almei and Kodak jointly venture, Shanghai, Tianjin, Liaoyang and other three companies will not cooperate with any other foreign joint ventures during the three-year infrastructure period of the joint venture. Kodak paid China 400 million US dollars in asset transfer and economic compensation. Based on this agreement, Kodak was allowed to invest US$1.2 billion in China to establish a photosensitive material production base, which in fact has created a monopoly position in the domestic film industry market.

There is a small change here, which is. Among the $1.2 billion investment, 200 million of the US dollars was invested by Fan Investment Group, which means that in the upcoming Kodak China Company, Fan Investment Group holds 16% of the equity.

However, Fan Wubing also made it clear that he would not interfere in the company's management business, but just hoped to get the due profits. Three years later, Kodak could acquire 16% of the equity in Fan Wubing's hands at his discretion.

Fan Wubing's approach made Kodak very confused. Why can't I understand why Fan Wubing put forward such strange conditions? If Fan Wubing proposed three years of shared digital camera technology before, it is quite reliable, then the investment dividend condition is a bit confusing.

With the support of policies, it does not take too much effort to establish a monopoly market, but in three years, Kodak will only become a company that monopolizes the Chinese film industry market. If you choose to sell your equity at this time, Kodak feels that Fan Wubing's move is a bit too early. It will take at least five years for Kodak's production capacity and market cultivation to show actual results. Although Kodak is confident that he can recover the investment and make a great profit in three years, compared with the future market estimate, Fan Wubing's returns will be relatively low at this time, which does not conform to the principle of maximizing investment returns.

All in all, this is a very puzzling condition.

Although he was not understanding, Kodak had to consider Fan Wubing's huge influence. Since he proposed this acquisition cooperation proposal, Kodak had to consider it seriously and contribute to this matter.

At least it seems that this condition does not harm Kodak, and it can even alleviate certain financial pressure on the company and make Kodak's Chinese plan more realistic.

During the meal, representatives of Kodak Company toasted Fan Wubing, saying that the future cooperation will take a long time and everyone should contact you more. Fan Wubing politely responded one by one, with a very friendly attitude.

The seven film manufacturing companies participating in the negotiations have different mentalities. Xiamen Fuda, Shantou AD, and Wuxi Almei are naturally very happy. The huge debt problem can finally be solved. The future cooperation prospects seem to be very good, at least for the management, there is a good way out.

Three companies including Shanghai, Tianjin, Liaoyang and other companies do not cooperate with any other foreign joint ventures during the three-year infrastructure period of the joint venture. Kodak will pay China $400 million in asset transfer and economic compensation. This condition is also acceptable. After all, these three companies are basically ready to transfer production, and it is naturally the best result to obtain economic compensation at this time. At least when everyone transfers production, they can have a relatively large amount of support funds.

The most unhappy one is Lekai Film. Although they strongly resisted Kodak's acquisition from the beginning, it seems that it is unstoppable now. Since the acquisition plan has been decided, Lekai will face stronger competitiveness in the future.

After all, Kodak, which has a comprehensive monopoly on the Chinese market, is even more terrifying than Fuji, the little Japanese. Their technical strength and strong capital over the past century are beyond the reach of Lekai. Just in terms of scientific research investment, Lekai cannot compare with others, let alone how big the gap is in digital camera technology and other civil medical film manufacturing industries, and not to mention that Kodak is a provider of all-round image and graphics solutions.

Ye Ying was talking to two senior executives of Kodak in English. After looking at Fan Wubing, who was dealing with others very comfortably there, she said, "This Fan Wubing is very difficult. I have not figured out what he wants to do so far. This is the first time I have been engaged in news and diplomatic affairs in many years."

An executive replied, "This Mr. Fan is also a genius in the world's financial industry. Although the outside world lacks estimates of his assets, most people think that he is far richer than Bill Gates. However, these funds are scattered around the world through various channels, making it impossible for everyone to have an accurate statistics. The wealth of Bill Gates and others is stocks that can be seen, etc."

"Fortunately he just asked for dividends. If he participated in the management, it would cause us great inconvenience." Another executive said with some gratitude.

Ye Ying drank the red wine in the glass and said to the two people, "Actually, I am also looking forward to it. See what this legendary boy is going to do. Is it just to hold our shares and wait for a price in the future?"

"Even if you want to invest purely in our shares, it will be a big income in the future," said an executive.

Ye Ying nodded. It was not because she was so confident about herself, but because Kodak, which is also very strong in financial and technical strength, was basically out of monopoly, and it was very easy to make a lot of money in the Chinese market. Therefore, even if Fan Wubing simply invests in ** and participates in shares, he will get a lot of returns.

But she always felt that Fan Wubing's decision was not that simple, and no one knew what it was.

Boss Zhu was not very clear about Fan Wubing's decision. When he was drinking, he asked him what tricks there were. However, Fan Wubing smiled and said that the commercial secrets cannot be announced before time, otherwise it would not work.

In fact, Fan Wubing knew very well that the agreement reached this time was largely the victory of Ye Ying and Kodak's public relations strategy in China. The most important significance was not that Kodak acquired all photosensitive materials companies except Lekai, but that it gave Kodak the opportunity to develop independently in the Chinese market for three years. Kodak did not make China's photosensitive industry go to the world as he said, but made China's photosensitive industry become Kodak's homeland.

As Ye Ying herself once said, she thinks first is very dangerous, because when you are first, you are the target of public criticism, and everyone wants to replace you, so it is not safest to do O.1.

This deep sense of crisis is certainly due to Ye Ying's pursuit of Kodak's sustainable development, but the more important reason is that the agreement reached now can only protect her for three years. Three years later, Fuji will make a comeback again and fight against Kodak China, and Lekai, who is growing up, will also attack it in the low-end market. The expectation of the three strong players competing for Kodak feels the dangers in the future.

In the agreement, Lekai, as the only national brand in China, was retained. This was considered as a handful of senior management and did not hand over all photosensitive companies to Kodak for management. Otherwise, Ye Ying might not say that it is the most unsafe to do O.1, but I am O.1, who am I afraid of, because in that case, she will no longer have opponents.

In fact, fundamentally speaking, Lekai is by no means a rival to Kodak. It is obviously still a while before Lekai can reach the position of competing with Kodak, but if Lekai joins forces with Fuji three years later, Kodak will be helpless.

In fact, according to what Fan Wubing knows, three years later, Fuji began to fight back against Kodak on the two fronts of traditional film and digital printing. Despite its slow pace, Fuji still made gradual progress in the Chinese market. Within less than a year, Fuji's own brand of digital printing equipment sold 300 units, and Fuji even plans to build a thousand Fuji digital printing stores with the equipment within three years.

Not only is the digital camera ace for Fuji to fight back against Kodak, Fuji is indeed quietly contacting Lekai to seek a joint venture. Once the joint venture becomes a top priority, Fuji has a legal manufacturer in the Chinese market, and Kodak's position as the leader in the Chinese photosensitive market will be dangerous.

However, Fan Wubing also knew that Kodak was obviously a little worried, because the government was under great pressure on Fuji. Because in the process of cracking down on the Lai family in Fujian, Fuji was discovered that Fuji participated in a large-scale smuggling of film, and Fuji was basically completely defeated in the Chinese market, which is also considered Kodak's fortune.

Of course, no one would have thought that this would happen now. Lekai would not, Kodak would not, and Fuji would not think about it.
Chapter completed!