Resource Tycoon Reborn
Chapter 360 The Failed Giant
Xu Minghe pondered for a moment and said: "Assistant Li, I will convey your request to the group's board of directors. However, I have a question. I wonder if Assistant Li can help me solve it?"
Li Xintong nodded slightly and said: "Minister Xu, please tell me, as long as it doesn't involve the company's commercial secrets, there is nothing I can't tell you."
"As far as I know, in China's petroleum refining industry, several major state-owned enterprises can be said to occupy an absolute market share, including those private enterprises that have emerged in recent years, including private refining companies represented by Pingchuan Petroleum Group Company.
The company currently occupies less than one-third of the market share in China's domestic fuel market. Moreover, the fuel currently produced by Pingchuan Petroleum Group Company fully complies with China's domestic fuel cleanliness standards and is even better than those of several state-owned companies.
The company's product standards are even stricter. But I haven't heard any rumors about them upgrading their oil products." Xu Minghe turned his head and asked, "Pingchuan Petroleum Group Company is so eager to acquire these technologies that it plans to take the initiative to improve its products.
Cleaning standards?”
Based on his understanding of China's vehicle fuel market, it can be said that China's domestic vehicle fuel cleanliness standards are still at a very low level. Only a few large cities have implemented relatively high fuel cleanliness standards, but compared with developed countries,
In comparison, the country's fuel cleanliness standards are still more than ten years behind. And it should be because Chinese people currently do not have a clear enough understanding of the pollution caused by vehicle fuel, so people are concerned about water pollution and food pollution.
Although they pay more attention to the pollution of vehicle exhaust gas, they are far from paying enough attention to it. This makes these oil companies in China not have enough motivation to improve the quality of fuel and reduce vehicle exhaust gas - the higher the fuel cleanliness standard, the higher the cost.
In China, where fuel prices are under control, such a result is not surprising at all.
"Whether we should take the initiative to improve the cleanliness standards of Pingchuan Petroleum Group's products is Pingchuan Petroleum Group's own business. However, you don't seem to have to be so surprised. Among the companies under the Fang family, the products and services have reached international standards.
There are many people who take the initiative to get closer." Li Xintong said calmly. "We are just doing what we think we should do." Xu Minghe's cheeks were slightly hot, and he didn't know what to say for a while.
Fortunately, at this time, Li Xintong's cell phone on the table rang. Li Xintong picked it up and glanced at it. There was a trace of surprise on her face. She stood up and said, "Sorry, I'm going to answer the phone."
Li Xintong arrived at the other side of the room. Xu Minghe vaguely heard Li Xintong talking to the other party in Chinese, and couldn't help but guess who the other party was. Li Xintong didn't answer the phone for long, and quickly returned to his seat, but Xu Minghe noticed
Li Xintong had a hint of joy on her face.
"I will convey the opinions of Pingchuan Petroleum Group Company. As for how the board of directors will choose, I can only say that we are still very sincere in our cooperation." Xu Minghe said with a smile. He felt that there was a high possibility that this issue should be passed, as
As Li Xintong said, it doesn't have to be the GS Group, and the other party doesn't get it for nothing.
"That would be best. Mr. Fang also hopes that we can cooperate in many aspects. After all, there are too many competitors in this industry in this world." Li Xintong chuckled.
After Xu Minghe left, Li Xintong sat back on the chair behind her desk, thinking about the call she had just received. The call was from Cui Yutang, the president of Volkswagen China Sales Co., Ltd. Cui Yutang was negotiating with Fang Mingyuan on behalf of the Volkswagen Group.
When it came to placing advertisements in the "Transformers" trilogy, she obtained her contact information. Cui Yutang told her the news that Chen Zhendong, the vice president of Shanghai Automobile Group Corporation, planned to contact BMW Motor Company to persuade BMW Motor Company to give up
Acquisition of British car company Morrisgarages.
BMW suddenly wants to acquire the Japanese car company, Li Xintong, who is actually behind it. BMW is discussing with Hong Kong Kumho Film Group about placing advertisements in the "Fast and Furious" series of movies. Regarding this kind of
It can be said that it is a simple matter, so naturally he will not refuse. And the development of the matter is just as Li Xintong originally envisioned. The sudden action of BMW Motor Company confused both Jiangning Automobile Group Company and Shanghai Automobile Group Company.
.
Chen Zhendong was indeed a little panicked. How could BMW be easily persuaded? The corners of Li Xintong's mouth turned up slightly.
In fact, not only Fang Mingyuan, but also Li Xintong has regarded Jiangning Automobile Group Company as the possession of Qinchuan Samsung Automobile Group Company. Not to mention that Qinchuan Samsung Automobile Group Company's assets theoretically also have her share, Qinchuan Samsung Automobile Group Company
Li Xintong has put in countless efforts to bring the group company to where it is today. How can it tolerate its expansion being interrupted by Chen Zhenle and Shanghai Automobile Group Corporation?
"What are you thinking about? So happy? He's not my niece-in-law, right?" Someone suddenly laughed.
"Ah, little aunt, when did you come?" Li Xintong then noticed that there was a middle-aged woman in the room, looking at her with a smile. It was Li Minxi, the little sister of her father Li Jianxi, South Korea's new
The president of World Group and one of the richest women in South Korea. Although she was born in 1946 and is now close to sixty years old, she looks about fifty years old. If you don’t know her,
As a person with a certain status, it is easy to think that she is a high-level intellectual who is very bookish.
Shinsegae Group was separated from Samsung Group before the Southeast Asian financial crisis broke out in South Korea, and became Lee Mok Hee's inheritance. Under Lee Mok Hee's management, it has now become a leader in South Korea's department store industry.
Rakuten Mart, a subsidiary of Rakuten Group headquartered in Japan, is the leader in the retail department store industry in South Korea. Although South Korea has opened its market since the outbreak of the Southeast Asian financial crisis, many retail companies have entered South Korea, including Wal-Mart.
World retail giants such as CareFour, as well as Carrefour Group from China, which cooperated with Samsung Group. But until now, these foreign companies have still been unable to shake the status of Shinsegae Group and Rakuten Group in the Korean retail industry.
Li Minxi sat down on the sofa and smiled: "I just arrived and saw my little princess..."
"Little aunt!" Li Xintong interrupted her slightly angrily. Li Minxi actually said that she would come over to see her today, and her assistant knew that she had no guests now, so she didn't stop her.
"Okay, okay, let's not talk anymore." Li Minxi chuckled, "I know my little princess is thin-skinned. That bastard is too affectionate. Having you is already a gift from God to him. He actually..."
"Little aunt!" Li Xintong stamped her feet and shouted in embarrassment, "You've already said it!"
Li Minxi smiled and pulled her to sit next to her and said, "Okay, okay, isn't my aunt trying to fight your injustice?"
"Little aunt, don't you have something to do with me?" Li Xintong put her arm around her shoulders and said, "What's the matter that deserves your personal visit?"
"You're changing the subject!" Li Minxi laughed and said, "Forget it, as long as you are happy, what else can aunt say? Only you know whether you are good or bad about this kind of thing." However, Li Minxi had to admit in her heart, at least from now on
In terms of money, Fang Mingyuan has nothing to say to Li Xintong. Not everyone can get the shares of Samsung Group.
"Well, I came to see you because I want to discuss something with you." Li Minxi said, "Did you know that both Wal-Mart and Carefour intend to withdraw from the Korean market?"
"Ah?" Li Xintong couldn't help but cry out in surprise. She really hadn't heard anything about this news. But she immediately frowned. It was understandable that she didn't know about such a thing. Samsung Group was responsible for intelligence collection.
If the department is ignorant, it would be derelict in its duties.
"Don't think too much. I asked your father to suppress the news first and didn't tell you immediately." Li Moxi patted her leg and chuckled, "Aren't I here to discuss it with you?"
"Discuss?" Li Xintong repeated, and then looked at Li Moxi with enlightenment.
"Walmart and Carefour have entered the Korean market for a few years, but their performance has not been very good, let alone compared with us. Even Carrefour Group has done better than them in localization, so the current results seem to be
Isn't it surprising?" Li Minxi laughed, "It has been delayed for nearly two years, but there has been no improvement in performance. However, they made the determination to stop losses very quickly."
Both major companies entered South Korea after the outbreak of the financial crisis in Southeast Asia. However, in the first two years, the two companies did pretty well and quickly expanded the number of stores in Korea. However, as time went by, the operations of the two major companies
The negative impact of the strategic dissatisfaction with Korean soil and conditions gradually became apparent.
Carefour, which insists on using French people as its top management, once had strikes due to labor issues. It also had many conflicts with many domestic suppliers in South Korea, and the payment for goods could not be settled in time. For this reason, the Korean government sent fines to Carefour three times.
notify.
Wal-Mart transplanted its low-price warehouse business model to South Korea intact without considering South Korea's national conditions, and the location selection of its stores did not take into account the consumption habits of Korean consumers. Even after discovering a decline in performance, Wal-Mart did not
Take strong measures to adapt to Korean consumers, but expect consumers to change their habits and adapt to Wal-Mart's business model. This has made Korean housewives who have always been inclined to support domestic brands weaken their support for the two major companies' stores.
Interest in purchasing. On the contrary, Carrefour Group, which entered into the Korean market later than them through a joint venture with Samsung Group, has an accurate grasp of the consumption habits of Koreans because most of its management are Koreans. It now has twelve stores in Korea.
Storefront.
Li Xintong did not answer, but looked at Li Minxi, waiting for her next words. Li Minxi asked her father to suppress the matter, and then came to find herself in person. She would definitely not just tell herself the news in person.
"You know Eland Company, which is the company that makes clothes. They are very interested in Carefour Company's stores and are already negotiating with Carefour Company. Rakuten Group is also very interested in these stores of Carefour Company and Wal-Mart. Currently, they are also interested in these stores of Carefour Company and Wal-Mart.
We are in contact with the two parties. I wonder if Carrefour Group is interested in cooperating with me to acquire the stores of these two companies?" Li Moxi said.
Li Xintong already understood something in her heart. Since New World Group separated from Samsung Group, it has been competing with Rakuten Mart, a subsidiary of Rakuten Group. In the past two years, it has overtaken it and become the largest retail company in South Korea. Naturally, she does not want to
The Rakuten Group took advantage of the opportunity to acquire the stores of two companies to ride on its own head. The eland company is also a legendary company in South Korea. It was established in the early 1980s and is now a well-known company in South Korea.
Lee Min-hee obviously doesn’t want it to break into the retail industry again.
"I wonder how my aunt plans to cooperate?" Li Xintong asked with a sideways smile. She didn't know about this before, but now that she knows, why does Carrefour Group ignore this piece of fat? What's more, Carrefour Group already has a business in South Korea.
a certain customer group.
"Shopping malls are like battlefields, so you don't have to worry about me using family ties to force Carrefour Group to withdraw." Li Minxi said, "We each pick a company to acquire, and we cooperate with each other not to give Eland Company and Rakuten Group the opportunity to acquire. This way, we can avoid
What do you think of us fighting each other internally?"
Li Xintong asked strangely: "Auntie, are you so generous? One company, Carefour, and Wal-Mart have 21 stores, while the other has 32 stores. Their locations and benefits are different..."
Li Minxi interrupted her and said: "Xintong, I don't ask you to decide on the acquisition target now. You can analyze it carefully, and then you choose first. That's okay? I think there is an old saying in China that fat water is not good enough.
It makes sense to live outside the country. As long as it doesn't fall into the hands of the Rakuten Group and Eland Company, do you think my aunt will care about who gets more benefits from us?"
Li Xintong hugged Li Minxi's arm and said coquettishly: "That's because my aunt has the capital, and you are the richest woman in South Korea."
"Tsk..." Li Minxi curled his lips disdainfully and said, "You really don't want to talk about this kind of thing. Let's not talk about the hidden dragons and crouching tigers in the domestic industrial, commercial and financial circles. Even a girl like you, your net worth is not necessarily less than mine, right?" A real wealthy family.
How could it be possible that this is just what appears on the surface? Even Lee Min-hee himself also has some wealth hidden in the dark. (To be continued.)
...
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