Indulge in Life in America

Now Yang Cheng knows how important the document in his hand is. It is not a big problem to sell the asset allocation table of San~Star Group outside for tens of millions of dollars.

However, Yang Cheng will not easily accept the pies that fall from the sky. Free lunch is not easy to digest. San~Star Group has a lot of cooperation options. Why do you value yourself?

With a slightly narrower mind, doesn't it feel that one's strength is not enough to shake the foundation of San~Star, and it is better to control it?

But there is enough deterrence for the outside world. When the time comes, it might be impossible to kick oneself out of the game.

This possibility is the greatest, otherwise Li Jian~Hee really became an angel on earth, giving him warmth?

"Jason, my father’s idea is to spin off San~Xingwusan from the group company, and merge all its military chemical and some real estate businesses into a new heavy industry group company. This new heavy industry group will introduce overseas investors. And choose the opportunity to go to the United States to list." Li Fu~ really opened up their plan.

Yang Cheng was stunned, and her thoughts changed sharply, "Re-listing in the United States? If this is the case, it is not impossible to consider."

According to Li Fu~Really, Li Jian~Hee almost packaged all the heavy assets of San~Star. After obtaining overseas financing, the San~Star Group, which is centered on San~Star Electronics, will instantly extinguish whoring. The coveted heart of the old lady and ZF, because san~star electronics is one of the few world-class companies in South Korea today, such star companies must not easily intervene.

The heavy industry and other companies that were spun off by Li Jian ~ Hee have also been listed in the United States and have completed a certain degree of transparency. South Korea’s ZF also cannot intervene. This will not only solve the crisis, but also create a relatively stable Environment and bright future, I have to say that Li Jian~Hee's hand is really turning corruption into magic.

However, will South Korea's ZF agree to list military companies involved in military secrets?

Yang Cheng threw the question to Li Fu~True, but she did not answer either, but looked at Li Jian~Hee, obviously this question is beyond her ability.

"This is a question for me to consider. Jason, what you need to do now is to decide whether you and your family will participate in this investment. Believe me, san~Star Group and my Lee family will definitely be able to afford every investor. A penny." Li Jian~xi sold a pass and directly reminded Yang Cheng that how to negotiate with ZF is not what Yang Cheng should care about.

Regarding this, Yang Cheng just shrugged. He didn't think it was necessary to keep it secret, but since people took it so seriously, then he didn't need to be boring.

Simply open the folder, the beginning is the total asset allocation of San~Star Group. As of 2014, San~Star Group has 85 subsidiaries, 489,000 employees, total assets of US$529.5 billion, and turnover of US$305 billion. More than 20 different types of products occupy the largest market share in the global market. In the civilian field alone, it includes many world-class companies including san~star electronics, electrical machinery, heavy industry, engineering, securities, insurance, amusement parks, hotels , Hospitals and Yangcheng’s most valued san~star semiconductor.

Unfortunately, Li Jian~xi did not include the semiconductor business in the list of this asset divestiture. Yang Cheng was depressed. If the semiconductor business is merged, the new heavy industry group will instantly become one of the world’s giants. Ovum, there are too many secrets involved in semiconductors, even if Li Jian~Hee agrees, South Korean ZF will desperately obstruct it.

Yang Cheng focused on the asset allocation list that was divested this time. The main military, aerospace, and petroleum and petrochemical businesses should not be underestimated. For example, the large-scale military industry involves the equipment of the Korean navy, land and air forces. The strength is not to be underestimated. Among the military products developed by San~Star, the 155mm K-9 self-propelled howitzer can be regarded as a typical representative.

K-9 is a relatively pure "san~star original+manufacturing" product. It was developed by San~star Shipbuilding and Heavy Industry Company in 1989 to replace the American M109A2 155mm self-propelled howitzer.

The first prototype gun was completed in 1994 and passed military acceptance in 1998. South Korea also became the first country in Asia to be equipped with a 52-caliber 155mm howitzer. From the data performance, the K-9 has advanced performance and is equipped with Temperature alarm device. The tail is equipped with a Doppler muzzle velocity measurement system. The muzzle velocity of the gun is 924 meters per second and the maximum range is 40 kilometers. The engine is front-facing and the layout is relatively reasonable. It is very convenient for supplementary ammunition and personnel to enter and exit. It also reserves more space for upgrades.

The K-10 ammunition supply vehicle for the gun’s accessory equipment was successfully developed in 2006. It is also the world’s first logistic vehicle that uses robots, that is, a highly automated means to replenish ammunition. The maximum ammunition capacity is 104 rounds, which are available per minute. Play 12 rounds.

However, with regard to this autonomous weapon that South Koreans are proud of, the K-9 equipped by the Korean army participated in the actual combat in the conflict between South Korea and North Korea on Yanping Island in 2010. After being shelled by the Korean army, the Korean army used 6 The K-9 fired back, but two of the guns malfunctioned. In addition, they did not respond well and failed to achieve the desired results. The gun was therefore questioned by public opinion. No one knows what the facts are. The news of the Korean army was blocked. It's very strict, but Yang Cheng thinks and knows with his butt, this is another act of arrogant sticks hiding their ears and stealing bells.

However, because the performance indicators are in a leading position in the world, the South Korean Army still continues to use it. So far, it has equipped more than 500 vehicles and will soon be exported to India and Poland. From this point of view, this business has some value.

In addition, the entire military industry business also includes aviation, warships, radar, power, missiles, etc., among other things, the orders from South Korea alone are enough to ensure the profitability of the military industry business, at least not to pull the new heavy industry group. Back.

In addition, san~Star Comprehensive Chemistry, san~Star Total, san~Star Commercial Equipment, and san~Star Thales are also on the list of this divestiture. San~Xing Group’s own valuation is USD 12 billion. If this action is successful, in the future, San~Xing will withdraw from the fields of military and heavy industry and concentrate on the electronics, finance and service industries, which will not only reduce the burden of assets, but will not be taken advantage of by robbers, and more importantly, San~Xingli’s family will not shrink their assets as a result. After the new heavy industry group goes public in the United States, their family’s net wealth will increase dramatically.

And Li Jian~Hee himself will still be an important person in the san~star group, he will still be the largest individual shareholder, holding 1.9% of the shares of san~star electronics, and the resort project developer san~star Everland 3.7%. And San~Star Life's 4.5% shares, Li Jianxi also holds 16.2% of Samsung Life's shares through other overseas accounts.

In fact, like the Japanese and Korean chaebols and the Chinese consortium, the San~Star Group has a complicated shareholding structure. More than half of its flagship business, San~Star Electronics, is held by foreign institutions and individuals. The direct holdings of Li Jian~Hee and Li Jae-yong are insufficient. 5%, but through the pyramid and cross-shareholding, the subsidiaries of the group are closely connected. The cross-shareholding and complex pyramid structure enable family members to control the entire group to the greatest extent with limited shares. At the same time, this complex The structure can avoid taxation to a certain extent.

Li Bingzhe, the founder of San~Star Group, has 8 children. The eldest son, Li Mengxi, was the vice chairman of San~Star Electronics. He was considered the successor of San~Star Group. However, when Li Bingzhe was still alive, Li Mengxi had already lost the succession competition. The younger brothers, Li Jian~hee, and Li Mengxi were "deposed" in the capital to "live in seclusion". Li Jian~hee became the main heir of the group and obtained the flagship of the Sanxing Group-Samsung Electronics. In the future, this core asset will also be inherited by the eldest son Lee Jae Rong.

The share composition of san~star electronics is that foreign capital accounts for the majority. According to the latest share composition book, Wall Street investment institutions control 52% of the shares of san~star electronics, but the actual situation is that the Li family’s father and son passed countless overseas An anonymous account firmly controls the equity of san~star electronics.

Don’t ask how Yang Cheng knew it. Wall Street has been guilty of the world’s largest mobile electronic device manufacturer second only to Apple. It’s not a day or two. It’s not even once or twice to launch a board war, but none of them succeeded. Wall Street has given up. The remote and mysterious East is not something they can play.

At present, the power of the Lee family mainly comes from Everland. San~Star Everland is in fact a company completely controlled by the Lee family, and owns equity in various businesses such as electronics, finance and trade under the san~Star Group. .

For example, Everland holds 19.3% of the equity of San~Star Life Insurance and 7.6% of the equity of San~Star Electronics. SanXing Electronics holds 37.5% of the equity of the credit card business subsidiary san~Star Card Company~www. wuxiaspot.com~ In other words, Samsung Everland indirectly holds 5% of Samsung Card.

This is one of the most important subsidiaries of the Li family. His son Li Jae Rong holds a majority stake in the company, reaching 25%; his two sisters Li Fu~zhen and Li Xuxian each hold 8.4% of the company. Shares, and Li Jian~Hee owns 3.7% of the company’s shares.

Therefore, even if the heavy assets are divested to form a new heavy industry group, the Li family will retain control of the new group in the same way. Of course, this does not matter to Yang Cheng, and he has no time to manage a huge industry in South Korea. For the Group, the company of Bangzi is best managed by Bangzi itself, and Qiqi is the king of Qiqi.

"How much can I subscribe for?" Yang Cheng put down the folder and asked. This is the core of the problem. Too few shares are meaningless. It doesn't make much sense to simply go public for cashing out. Besides, the Li family still needs its own influence to help resist ZF pressure. , So this shareholding ratio will never be less.

This question has long been concluded within the Li family, and Li Fu answered without thinking, "The new heavy industry group, I will be the largest individual shareholder, accounting for 15%."

Yang Cheng suddenly, no wonder Li Jian~Hee asked how he really had a relationship with Li Fu~. It seems that the chance to deal with Li Fu~Zhen in the future is indispensable. In other words, his personal shareholding ratio cannot exceed 15%, otherwise Li Fu~How do you really maintain your status as a major shareholder?

However, his inspiration suddenly flashed. Could this be Li Jian~xi's compensation for his eldest daughter in disguise? The eldest son has divided the core assets, how can he not let the eldest daughter suffer too much? What's more, Li Fu~ A real divorce is a foregone conclusion. It is no different from her son that such an important asset is given to her!

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