I want to be a chaebol

Liao Yu didn't quite understand why Song Yi would focus his career in South Korea, because anyone with a discerning eye can see that the vast market in the mainland in the future is far beyond what a small country like South Korea can match.

But when she saw the Korean senior management team of the New Asia Department, as well as people like Zheng Eunxuan, Song Suying, and Gu Guangmo who were invited to attend, she finally understood Song Yi's thoughts.

These countries in East Asia have formed complex political and business relationships in society under the influence of Confucian culture for a long time. Business elites will form a stable interest group by building informal relationship networks.

The establishment of interpersonal networks between people is formed through political donations or "gifts". Since Chung Pu-hee was elected president, successive Korean governments have adopted a series of industrial plans to promote the development of the country's economy.

The Korean government and major financial groups maintain close relationships through industrial policies, political donations and personal relationships. Every time the South Korean government introduces a major economic policy, it will also invite the principals of major financial groups to have dinner together and communicate in advance.

Although the personal wealth of South Korea's top chaebols is not as good as that of the super-rich in Mainland China and Hong Kong, the total annual revenue of the companies they control reaches tens of trillions of won. The influence of Samsung and LG is not just that of the Fortune 500. can be generalized.

If Song Yi can really take root in Seoul, he can create a super consortium in Seoul that is comparable to Samsung or LG. When Song Yi returns to the mainland market to invest, he will meet with the main leaders of the provinces and cities.

Liao Yu turned his attention to Song Yi again and listened to Song Yi's speech attentively.

"I have actually been thinking recently about how to integrate Xinya's companies to improve the company's operational efficiency and make better use of the funds in each company's account. Through the synergy between companies, we can help Xinya faster and better The development of each subsidiary of the Asian Department.”

"In fact, everyone should have noticed that the three companies with the best profitability in the New Asia department are currently the Yanjing Branch of New Asia Network, the Yanjing Branch of New Asia Advertising and New Asia Pictures."

"The companies currently most short of money include New Asia Real Estate, New Asia Construction, New Asia Pictures and New Asia Advertising Puhai Branch. New Asia Real Estate wants to build the Wangjing Center office building, New Asia Construction wants to build The One apartment, and New Asia Real Estate wants to build The One apartment. Asia Pictures will build its own HugeDream theater chain. New Asia Advertising Puhai Branch will continue to develop new building advertising."

"I have no idea of ​​integrating all the subsidiaries of New Asia into one company. The valuations of media companies, real estate companies and Internet companies are inherently different."

"I plan to divide all the companies in the New Asia Group into three parts. The first part is the media plus real estate business. This part will establish a parent company called New Asia Media Real Estate Group."

"The current subsidiaries of New Asia Media Real Estate Group include New Asia Advertising Yanjing Branch, New Asia Advertising Puhai Branch, New Asia Agency, New Asia Music, New Asia Films, New Asia Real Estate, New Asia Real Estate Puhai Branch company and New Asia Construction. The person in charge of each subsidiary of New Asia Media Real Estate Group will be included in the list of the new company's board of directors. I will send an email to announce the specific list. I personally nominate Mr. Zhou Mengkui as the social director of New Asia Media Real Estate Group. A long job.”

Song Yi was obviously angry with Zhou Mengkui, and after consideration, he gladly accepted Song Yi's invitation.

The reason why he agreed to Song Yi's invitation was not just because he wanted to work with Song Yi to build The One Apartment into the top luxury apartment in South Korea. The more important reason is that Song Yi has promised him that Xinya Media Real Estate Group will get involved in the automobile manufacturing industry within five years, and Song Yi will help Zhou Mengkui create a new automobile brand comparable to Hyundai and Kia.

"In addition to the media and real estate business, New Asia Network Yanjing Branch, New Asia Network Puhai Branch, New Asia Optoelectronics and New Asia Network Co., Ltd. will also establish a parent company, this company will be called New Asia IT. New Asia IT In the future, Asia IT will focus on cutting-edge technologies in the Internet and semiconductor industries. New Asia IT will establish a New Asia Technology Committee. The current members of the New Asia Technology Committee include Zheng Jingang, Liu Yongjun, Jim Keller, Li Yu and me."

“In addition to the media, real estate and Internet businesses, the financial institutions under the New Asia Group will also undergo an integration. New Asia Capital, New Asia Investment and Shining Investment Partners will not merge, but they will conduct more frequent exchanges. The New Asia Department will provide financial support for projects invested by the New Asia Department. The New Asia Department will establish the New Asia Financial Committee. The current members of the New Asia Financial Committee are Li Yizhi, Liao Yu, Zheng Enxuan, Li Bingkui and me." Song Yi finished his integration plan in one breath.

After Song Suying listened to Song Yi's integration plan, Song Yi's integration plan was very strong this time. It is obvious that the future core of power of the New Asia Department is the New Asia Financial Committee.

Li Yizhi is the president of New Asia Capital Fund, Liao Yu is the president of Yishenghui Limited Partnership, and Li Bingkui was formerly the secretary-general of Zhou Zhengyong, the founder of Hyundai Group. Song Yi asked him to join the New Asia Financial Committee this time. It was obvious that Li Bingkui was helping Song Yi manage his personal funds.

In the New Asia Group, Song Yi undoubtedly occupies the absolute controlling position. Ashan Group and members of the Hyundai family are the second largest shareholders after Song Yi.

Among the board members of New Asia Media Real Estate Group, members of the Asan Group and the Hyundai Family alone include Zhou Xiuxian, Zhou Zhiyi and Zhou Mengkui.

Li Yizhi used to be the president of Hyundai Securities and was a subordinate of Zheng Eunxuan's husband Zhou Mengxian. Li Bingkui is Zhou Zhengyong's secretary-general, and Zhou Zhengyong is also Zheng Eunxuan's father-in-law. Isn't Song Yi afraid that Zheng Enxuan will join forces with Li Yizhi and Li Bingkui to oust him in the New Asia Financial Committee?

After Song Yi announced the list of New Asia Financial Committee, Liao Yu found that everyone in the conference room focused more attention on her.

Zheng Enxuan is the chairman of Asan Group, which is also the second largest shareholder of the New Asia Group. Li Yizhi manages a venture capital fund of more than one billion US dollars. Liao Yu and He Dehe can join the New Asia Financial Committee like Zheng Enxuan and Li Yizhi.

Liao Yu looked very calm. Song Yi had already communicated this matter with her before she came to South Korea. She still remembers Song Yi's original words.

"Sister-in-law, besides my parents, you are the person I trust the most. So you need to come forward to help me this time."

When Liao Yu heard Song Yi's words, she agreed without hesitation. Just like Song Yi said, besides her parents, she is the person Song Yi trusts the most.

Song Mingzhe and Zhou Shulan have reached a consensus that they will not interfere with the operating conditions of Xinya companies. Although Zhou Shulan is a partner of Shining Shine Limited Partnership, it is only in name, so Zhou Shulan did not come to South Korea to attend the meeting this time. .

For Song Yi, Liao Yu is the person he trusts the most since his rebirth. In turn, isn't Song Yi the person Liao Yu trusts the most? Although Liao Yu is a little older than Song Yi, he habitually relies on Song Yi in life and work.

Song Yi also told Liao Yu about her future arrangements. After New Asia Media Real Estate Group takes over Xinhan Media and goes public, Liao Yu will gradually withdraw from the daily management of New Asia Advertising Yanjing Branch, and Liao Yu will be specifically responsible for business development. Liao Yu will specifically help Song Yi manage his huge assets in the Mainland. In this way, Liao Yu can also spend more time with her daughters Song Miao and Song Yi.

Jin Xiyuan looked at the petite and cute Liao Yu with a disappointed look on her face. She had heard her sister Jin Taixi introduce Liao Yu before, and she knew that Liao Yu was the widow of Song Yi's deceased eldest brother Song Bo. Song Yi also loved his niece Song Miao very much and always treated Song Miao as his own daughter.

Because her grandmother Zhou Shulan is of Korean ethnicity, Song Miao can also speak fluent Korean. Song Miao would call Kim Tae Hee whenever she had the chance and tell her about interesting things that happened at school. Obviously, Song Miao had changed her attitude and accepted Kim Tae Hee as her quasi-aunt.

When everyone found out that Liao Yu was elected to the New Asia Financial Committee and Jin Xiyuan was unsuccessful, their expressions were somewhat meaningful. Jin Xiyuan is the executive director of New Asia Media. In the eyes of the outside world, Jin Xiyuan is Song Yi's spokesperson. Some people say that Jin Xiyuan is the woman behind Song Yi.

Now it seems that Liao Yu is Song Yi's own person, and Jin Xiyuan is an outsider after all. The weight of my girlfriend’s sister is still not enough.

If we look at the integration plan announced by Song Yi, it is very likely that Jin Xiyuan will not be able to retain her position as executive director.

Zhou Xiuxian of New Asia Real Estate and Zhou Mengkui of New Asia Construction both seem to be more qualified than the junior Kim Hee-won.

Song Suying was sitting between Zheng Enxuan and Jin Xiyuan. She couldn't help but feel sorry for Jin Xiyuan. She took Jin Xiyuan's little hand, patted the back of her hand, and whispered to comfort Jin Xiyuan, "Xiyuan, your president still trusts you, don't worry about this." Fight with him over matters of honor."

"You must be on the list of the New Asia Media Real Estate Council. As for who ranks at the top and who ranks at the bottom, that's a small matter. The most important thing is how many shares you can hold." Song Suying explained the mystery in one sentence.

Jin Xiyuan was still a little uncomfortable at first, but after hearing Song Suying's words, she immediately cheered up. Song Suying is right. If New Asia Media Real Estate Group is listed, it will at least be a large-scale enterprise with trillions of won, and its asset scale will be comparable to Asan Group.

Zhou Mengkui served as the chairman of Hyundai Motor Group a few years ago. Later, Zhou Mengjiu, with the tacit approval of his father Zhou Zhengyong, kicked out his fourth uncle Zhou Shiyong and his cousin Zhou Mengkui and drove them out of Hyundai Motor Group.

A person as powerful as Zhou Mengkui is willing to submit to Song Yi to serve as the president of New Asia Media Real Estate Group. Then even if she can't continue to serve as the executive director, what's the big deal if she fails to be elected to the New Asia Financial Committee.

In addition to Jin Xiyuan, Guo Haibin, general manager of Xinya Network Puhai Branch, and Quan Zhouhao, head of inschool of Xinya Network Co., Ltd., are also disappointed. Li Yu and Liu Yongjun both entered the New Asia Technical Committee, while Guo Haibin and Quan Zhouhao were not elected together. It can be said that they are connected by the same disease.

The reason why Song Yi established the New Asia Technology Committee in New Asia IT was to learn from Huawei's successful experience. The Technical Committee is Huawei's technical decision-making body and is composed of technical experts and senior executives. Zheng Jingang and Jim Keller are representatives of technical experts.

New Asia IT is following a technological expansion route and needs to invest a large amount of money in scientific research every year.

New Asia IT's main source of revenue in the early stage was online games. The agency "Legend of Hot Blood" was just the beginning. Starting from "Happy Farm" and "Kart Racing", New Asia IT will begin to develop its own online games.

When the number of inschool users exceeds 100 million, inschool's advertising revenue will be enough to support New Asia IT's technology research and development funds in the next five years.

After 2007, New Asia IT will be able to launch their first-generation smartphone Galaxy S1 to the market. New Asia IT's main revenue source will gradually shift from the software industry to the hardware industry.

So from this point of view, it is not surprising that Guo Haibin and Quan Zhouhao were not elected to the technical committee. Jim Keller designed the mobile phone processor for the Xinya smartphone Galaxy S1, and Zheng Jingang will be responsible for the research and development of the processor chip designed by Jim Keller. come out.

New Asia Optoelectronics' four R\u0026D centers around the world are accelerating the recruitment of high-tech talents in chip design. In contrast, the work of Guo Haibin and Quan Zhouhao is not that important.

As the general manager of New Asia Network Yanjing Branch, the most important reason why Li Yu was selected for the New Asia Technical Committee is that this company has the money-making weapon "Legend of Hot Blood". New Asia IT currently also relies on New Asia Network Yanjing Branch to provide blood transfusion for the company's technology expansion.

The reason why Liu Yongjun was selected for the technical committee is also because of the Sohan.com project he is currently responsible for. Shopping websites inherently need to apply the most cutting-edge Internet technology.

In Song Yi's mind, the future of Xinhan IT is a combination of Korean version of Facebook + Korean version of JD.com + Korean version of Huawei + online game company Nexon. Shinhan IT will become a giant like Apple and Microsoft.

Chen Zaican and his wife have also been listening carefully to the integration plan of the New Asia Department. They have already acquiesced that New Korea Media is a company under the New Asia Department.

If New Asia Media Real Estate Group goes public through a backdoor transaction with Shinhan Media, New Asia Media Real Estate Group will acquire the Shinhan Media shares held by Chen Zaican and his wife, and Chen Zaican and his wife will also become individual shareholders of New Asia Media Real Estate Group.

Song Yi had told Chen Zaican in advance that he would hand over the management of New Asia Advertising Yanjing Branch to Chen Zaican. Xinya Advertising Yanjing Branch is much larger than the current Xinhan Media.

Chen Zaican does not object to working under Song Yi, and he does not mind developing in the mainland. What he has to consider now is whether to bring his wife and daughter to Yanjing.

If Chen Zaican goes to work in Yanjing, his daughter can only attend Yanjing's international middle school. If Cui Shanhui and her daughter stay in Seoul, and he continues to move around, there is hope that his daughter will attend the Seoul National University Affiliated High School, which is the best middle school in Seoul City. Students from this school will either go to Europe and the United States to study in the future, or attend the three prestigious universities of Seoul National University, Yonsei University and Korea University.

However, if he went to Yanjing to work alone, he would have to ask Song Yi to help take care of his wife and daughter. After all, Chen Zaican's relationship with his eldest brother Chen Zaikuan is average, and his relationship with his cousins ​​such as Chen Zaiyong is even worse.

At this time, Song Yi also announced the final step of his integration plan. New Asia Capital, Yiyingshenghui Limited Partnership, New Asia Investment and Song Yi Family Trust became shareholders of New Asia Media Real Estate and New Asia IT.

Each subsidiary of New Asia Media Real Estate Group will also carry out cross-shareholdings, and each company of New Asia IT will also carry out cross-shareholding plans.

New Asia Media Real Estate Group and New Asia IT have since become New Asia Media Real Estate Group and New Asia IT, in addition to the common shareholders of New Asia Capital Fund, Yiyingshenghui Limited Partnership, New Asia Investment and Song Yi Family Trust Fund. Two separate companies under the Asia Department, New Asia Media Real Estate Group and New Asia IT, have officially separated.

Through this cross-shareholding plan, Song Yi's apparent shareholding ratio in New Asia Media Real Estate Group has been reduced to less than 50% for the first time, and his personal shareholding ratio is about 44%. In fact, Song Yi controls the investment through personal control. The company's shareholding ratio in New Asia Media Real Estate Group is about 75%, and the combined shareholding ratio of Ashan Group and Modern Industrial Development Group is almost 20%.

If New Asia Media Real Estate Group can be listed on the backdoor, Song Yiming's shareholding ratio will be further reduced, and maintaining his personal shareholding ratio at around 25% is enough.

This time, Song Yi plans to raise 1 trillion won (6 billion yuan) from the Korean stock market at one time through the backdoor listing plan of New Asia Media Real Estate Group, which will be used by New Asia Films to build its own HugeDream cinema chain, The One apartment, The Wangjing Center Office Building also has a building advertising plan from the Puhai Branch of New Asia Advertising.

Therefore, this integration plan of the New Asia Group is actually very critical. It can help the companies under the New Asia Group straighten out their equity relationships and help the New Asia Media Real Estate Group obtain a higher valuation. The backdoor listed New Asia Media Real Estate Group can at least compete with CJ Entertainment, South Korea's largest entertainment company.

Tomorrow we will officially enter the World Cup plot and start the next volume. The timeline of the novel will also be accelerated, and Song Yi's business line will also be accelerated!