German media revealed that Osram refused to buy behind Chinese companies: employees strongly opposed

On December 24th, the German media said that the German company OSRAM grassroots employees worked hard to urge the company's top management and Chinese investors to cancel the acquisition plan.

The German Voice Radio website quoted the German “Time Weekly” article on December 22nd. At noon on the first day of December, the German “Time Weekly” reporter met with some employees outside the Osram factory in Regensburg.

The article said that these employees have sacrificed lunch breaks and talked to a reporter from Time Weekly at a hotel. At the time, a message was circulating between OSRAM employees. Wei Ninge, the 42-year-old employee committee chairman, said that the employees were shocked by media reports: Sanan Optoelectronics, a Chinese competitor, wants to acquire Osram, and Sanan confirmed to the media that the first round of talks has been held; President of OSRAM Group White Lien, the president of the major shareholder Siemens (17.5%), does not deny this.

Since the top leaders have not finalized, the employee representatives have started activities and openly demanded that Brian and Cathy “clearly reject any acquisition attempt”. The strong metal industry union also expressed support for the demands of OSRAM employees. In a similar case of Chinese-owned German companies, such a strong opposition to grassroots opposition is absolutely unprecedented.

Workers in the first phase of Sanan Optoelectronics Wuhu Base are working

Just two weeks later, Reuters reported a surprising news: Chinese investors gave up the plan to acquire a majority stake in Osram, and the opposition of the employees and political worries scared the Chinese.

The Times Weekly explains why grassroots workers are opposed to an acquisition that has not been publicly announced. Is there any irrational fear of Chinese acquisitions?

Wei Ninge, chairman of the Workers' Committee, said that the worst thing is not that the purchaser is from China. "It is our fate that has to be decided by outsiders." When she said this, several other employee representatives also nodded.

Another representative added: “The Asians are our direct competitors. Today, OSRAM relies on factories in Regensburg, Germany and Malaysia to control costs very effectively. Asians must slap our cutting-edge technology, but The German (high labor cost) production base is certainly not interested."

The article said that in fact, Osram also has a production base in China, but in the conversation, the reporter can feel the staff's unwillingness to obey the heterogeneous culture.

“Osram’s employees have a very high degree of recognition of the company,” Wei Ninge said. “The average age of employees is only 38 years old, and the average education level is quite high. Osram has top-notch technology, a dynamic team and a highly profitable business. So OSRAM can survive in the competition, we can do it ourselves."

"Time Weekly" also said that there is one of the most important differences between Ai Siqiang and Osram of high-tech enterprises: the former has difficulties in operation and investors are urgently needed, while the latter does not. Dai Xisai, a 58-year-old employee committee member, said: "Do we want these patented technologies that have been funded by the state to be lost abroad?"

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