Chapter 347 Got it
Having made up his mind, Sato Fumio said in a firm tone:

"I'm sorry, Mr. Fang, I don't understand what you are talking about."

As Fang Hexuan listened to the voice coming from the phone, he had a new understanding of the Japanese nature of refusing to admit it.

Since you don't want to accept my toast, I'd better just overturn the table.

He first laughed twice deliberately, and then his voice turned cold.

"Oh? I didn't expect the president of Toshiba to be deaf. Never mind. I'd better contact Haas directly in the United States. Maybe they will be interested in the unfavorable news about Toshiba. It's the same as getting machine tool technology from them."

Upon hearing this, Sato Fumio was stunned and his face suddenly turned dark.

The reason why he was not too worried about Fang Hexuan's previous threat to inform on the US government or the CIA was simply because he felt that the other party would never do that.

We are all businessmen. No smart person would be willing to do something that harms others and does not benefit himself.

But now it’s different. If Fang Hexuan uses the top-secret information of "Toshiba secretly communicating with the Soviet Union" to trade with his competitors, then both of them will benefit, and he will be the only one who loses.

Fumio Sato could even imagine that if Haas took the lead in filing a complaint with the US government, Toshiba's fate would only be worse.

After all, the person who knows you best and hates you the most is often your opponent.

If that's the case, it would be better to trade directly with Fang Hexuan.

Sato Fumio was silent for a while, and wanted to continue to argue, but he knew it was useless.

He wanted to say to Fang Hexuan, "You have no evidence, and the outside world will not believe your one-sided story."

But I also know that it is better to believe in this kind of thing than not to believe it.

I sighed in my heart, blaming Toshiba and myself for being unlucky.

Of course, we need to investigate at which stage the leak occurred.

After thinking this through, Sato Fumio finally spoke:

"Mr. Fang, I've been working very hard recently and have some tinnitus. I heard it clearly just now. I think we should have room and opportunity for cooperation."

Although he was very reluctant to admit defeat, Sato Fumio really tried his best. If this matter was known by a foreign tycoon, there would be no chance to cover his mouth and stop him from speaking. The best way was to meet the other party's demands.

Fang Hexuan replied with satisfaction:
"it is good!"

······
In fact, before calling Sato Fumio, Fang Hexuan had quickly acquired a local Hong Kong machine tool company.

This company, called "Hong Kong Yuanheng Machine Tool", had been importing machine tools for light industrial manufacturing from Japan, Canada, West Germany and other countries in the 1950s and 1960s.

The most typical ones are the small machine tools needed by the three major industries: garment industry, toy industry and watch industry.

In the 1970s, Yuanheng Machine Tool Factory began to hire engineers to imitate and design and manufacture various types of machine tools suitable for Hong Kong's light industry.

Although the company's machine tool products are still not comparable to those of foreign big brands, it has also received many orders from some workshops and small factories in Hong Kong. Fang Hexuan acquired Yuanheng without caring about its original technical strength. He was just too lazy to rebuild the factory and recruit workers.

Moreover, although this machine tool company has average strength, it still has a complete R&D team of fifteen or sixteen people.

With them as a foundation, and by hiring some top engineers from abroad to Hong Kong at high salaries, Fang Hexuan's machine tool company can start its initial journey.

In fact, there are too many machine tool factories in the mainland, but Fang Hexuan does not want to acquire them.

First, these machine tool factories lack capable R&D personnel, most of their equipment is outdated, and their technology is several generations behind, making the acquisition even more time-consuming and labor-intensive.

Second, due to the “BATCOM” embargo, even if these factories are acquired and renovated, and even if Toshiba’s advanced machine tool technology is obtained, subsequent technological upgrades will face difficulties.

Therefore, Fang Hexuan planned to build a factory in Hong Kong first, obtain Toshiba technology, and then gradually upgrade to keep up with the latest technological trends, and then move the factory to the mainland after a few years.

Now that Toshiba has been dealt with, there is no need for Fang Hexuan to visit Japan in person for the subsequent technical negotiations.

Yuanheng Machine Tool Co., Ltd. will send a technical team and the investment team of Alphabet Group to Kanagawa, and they will work with Toshiba Corporation and Shibaura Machinery Co., Ltd. to discuss the details of technology licensing.

The whole thing seemed to have been accomplished simply by the big boss Fang Hexuan making a phone call and talking.

But if he was not a time traveler, and did not have a God's perspective to know Toshiba's outrageous operations, there was no way he could force Toshiba to submit.

Moreover, another reason is that Fang Hexuan is not too greedy.

The machine tool technology he wanted was mainly aimed at two major categories: automobile engine manufacturing and transmission manufacturing, and was not the most technologically complex type in the machine tool industry.

For example, the five-axis milling machine technology that Toshiba sold to the Soviet Union for manufacturing nuclear submarine propeller blades, even if it was given to Fang Hexuan, he would not be able to use it. Of course, Toshiba would definitely not give it to him.

After obtaining the technologies of these two types of machine tools, Yuanheng Machine Tool will give priority to manufacturing corresponding precision machine tool equipment for BYD and BMW, and will also be deeply involved in the R&D needs of the two companies in the future.

On August 8, Bank of China (Hong Kong) announced that it would build its headquarters building in Central, which later became the world-famous Bank of China Tower.

This piece of news itself is not a big deal, but the fact that the Hong Kong government agreed to sell a total of 10 square meters of land, including the Mei Lei Barracks car park and the current site of Murray House, to Bank of China (Hong Kong) for HK$6700 billion is big news.

You have to know that this location is in the Central District, a prime location in Central. The land price of HK$10 per square foot was not too expensive two years ago.

But now, 6700 square meters, or 74444 square feet, is only 10 billion Hong Kong dollars, or only 13432 Hong Kong dollars per square foot.

The difference between 10 Hong Kong dollars and more than Hong Kong dollars is several times.

Even though the market conditions are extremely bad now, Central is Central, and the land prices in these places will not be cut in half again no matter how bad the situation is.

After all, the Central area is not only the financial center of Hong Kong, but also the location where all major government units in Hong Kong are concentrated, and it is a political and economic center.

Think about it, if the land prices within the Third Ring Road of Beijing dropped several times in the future, what would that mean?
Although there must be some degree of PY transactions between the Hong Kong government and the Bank of China, the land price being so low will still cause a huge psychological impact on the outside world.

First, the Hong Kong government reclaimed the land in Tin Shui Wai, and then it sold the land to Bank of China at a super low price. Although there was a gap of more than ten days between these two pieces of news, the destructive power caused by the double superposition still had a significant impact on Hong Kong, an economically liberalized and export-oriented city.

(End of this chapter)