Resource Tycoon Reborn

Although the shares of Samsung Group are not listed on the market, the management of Samsung Group headed by Yin Zhonglong has acquired more or less shares of some groups over the years. However, their share of shares is not as important to Fang Mingyuan and the Li family.

In front of the situation, it can be completely ignored. Of course, these people hope to get more shares of the company and obtain more considerable profits, but on this issue, both Fang Mingyuan and the Li family are very strict.

As the vice president of the company, Yin Zhonglong is also a person that both Li Jianxi and Fang Mingyuan are optimistic about. He is also a veteran in the company. Naturally, he has the largest shareholding among the management. Fang Mingyuan and Li Jianxi

He is very strict about the shares of Samsung Group, but the salary for managers such as Yin Zhonglong is quite high. He is at the top level among managers of the same level in South Korea. Therefore, he does not hold many shares in his hands, but it is not a big deal.

I don’t have much of an opinion. Moreover, since Samsung Group has begun to allow its companies to go public, the restrictions on company management shareholdings will definitely be loosened in the future. The good days of these people are yet to come.

As Li Jianxi's confidant, Yin Zhonglong can be said to have served the Li family all his life. If there was no relationship between Fang Mingyuan and Li Xintong, he would of course be bound to push Li Yinghao to the top. But Fang Mingyuan is now Li Jianxi.

Li Xintong's son-in-law, judging from Li Xintong's appearance, has a very good relationship with Fang Mingyuan after marriage, so from the perspective of the company's long-term interests, it is undoubtedly more beneficial to the company for Fang Mingyuan to become the next president.

Of course, although he sometimes thought this way, he never mentioned it to Li Jianxi. Moreover, if Li Jianxi was determined to let Li Yinghao take over his position as president, Yin Zhonglong would also do so without reservation.

Support Lee Young Ho.

Of course, Fang Mingyuan didn't know what was going on in Yin Zhonglong's mind. He himself had no idea of ​​taking over the position of Chairman Li Jianxi. Samsung Group has now become the largest enterprise in South Korea and occupies a very important position in the South Korean economy.

The major shareholder is a foreigner, and the Korean government has nothing to do. Who made the Korean government have no money to support the Samsung Group that was on the verge of collapse? Anyway, the vast majority of the people didn't know it, so everyone just turned a blind eye. If Fang Mingyuan took over

If Li Jianxi becomes the new chairman of Samsung Group, it will be difficult to keep this secret secret. No one is sure how the Korean people will react by then.

Therefore, it is undoubtedly the best choice for Li Yinghao to inherit his father's position, and to be honest. Compared with his father Li Jianxi, Li Yinghao's ability is still far behind. Fang Mingyuan is not worried that he will lose power in the future. If Li Yinghao really

Dare to act nonsense, with Li Xintong's relationship and being the controlling shareholder, it is not impossible to kick him out and replace him with others from the Li family.

"If there are any big changes in South Korea recently, it must be that the foundation stone laying of the Hyundai Integrated Steel Plant started a week ago." Yeon Jung-yong said, "The total investment has reached 5.5 billion U.S. dollars, and it is expected to be completed in 2011.

.It is designed to produce tens of millions of tons of steel per year, making it the second largest steel plant in our country. It mainly produces high-quality automotive steel plates and marine thick plates. During the opening ceremony, His Excellency the President also attended and spoke in person."

"I know that Chairman Zheng Mengzhong also attended the groundbreaking ceremony with His Excellency the President." Fang Mingyuan asked. In June 2006, Zheng Mengzhong was accused by a Korean court of violating South Korea's "Special Economic Crimes Aggravated Punishment Act."

He secretly set up and embezzled hundreds of billions of secret funds, causing economic losses of nearly 500 billion won to Hyundai Motor Group and its subsidiaries, and harming the legitimate interests of other shareholders of the company! He must be prosecuted for embezzlement and malfeasance.

At that time, it caused quite a shock in South Korea.

"This investment by Hyundai Motor Group will not only make Hyundai Motor Group's steel production capacity jump from the current 61st to 22nd in the world, but also realize the transformation of Hyundai Motor from steel in South Korea.

to the production of all parts of the entire vehicle." Yeon Jung-ryong said seriously, Samsung Group currently has two major companies, Kia Motors and Ssangyong Motors, which are competitors in the market with Hyundai Motor Company. This aspect of Hyundai Motor Group

Investment. After completion and production, Hyundai Motor Company's automobile production costs will undoubtedly drop significantly, putting Samsung Group back at a disadvantage. Moreover, Hyundai Integrated Steel Plant can also provide marine thick plates to Samsung Heavy Industries' competitor Hyundai Heavy Industries Group Corporation!

Hyundai Motor Group is now ranked second among domestic companies in South Korea, second only to Samsung Group, and over the years. Although Samsung Group has been developing at a rapid pace, Hyundai Motor Group has still been able to hold on to it. Although

There is still a big gap in the turnover and profit margin between the two major companies, but Yeon Chung-yong and the others never dared to take it lightly. Hyundai Group once held the throne of South Korea's largest company for many years. If Hyundai Group had not disintegrated and became Hyundai

Group, Hyundai Motor Group Corporation and Hyundai Heavy Industries Group Corporation, it is hard to say when Samsung Group will become South Korea's largest enterprise.

"The automotive steel plates produced by Liaoning Iron and Steel Group Company will soon be released in new models. Without increasing the cost, all comprehensive indicators have been improved, and the overall performance should be improved by 27%." Fang Mingyuan

Xiaoxiao said. Hyundai Motor Group failed to annex Hyundai Steel Company and simply invested in building new enterprises. Although it is a good idea, I don’t know what Hyundai Motor Group will do when the subprime mortgage crisis involves South Korea.

You won’t feel the chill is overwhelming.

"Uncle Yin, didn't POSCO and SEA Group respond to Hyundai Motor Group's move?" Li Xintong said in surprise. POSCO and SEA Group are the domestic steel companies in South Korea.

Originally the leader in the industry, Hyundai Motor Group's move is obviously challenging the status of these two companies in the industry.

"At present, we haven't seen any obvious countermeasures." Yin Zhonglong shook his head and said.

"Hyundai Motor Group and Hyundai Heavy Industries are the two major customers of Posco and Sea Group. Even if they have any dissatisfaction, it is difficult to express it," said Lee Young-ho. Hyundai Motor Group and Hyundai

The heavy industry group companies all want to restore the original glory of the Hyundai Group in South Korea, and they are of course an out-and-out rival to the Samsung Group. As the successor, he is naturally the most concerned.

Fang Mingyuan smiled. Samsung Group first snatched Kia Motors from Hyundai Motor Group, and now it has taken over Ssangyong Motors. In China, it has a joint venture with the Fang family to establish Qinchuan Samsung Motors Group. As the leader of the Korean automobile industry

The leading company, Hyundai Motor Group, must also be feeling tremendous pressure.

"Moreover, Hyundai Motor Group is also actively expanding overseas. They are building their second automobile production plant in North America in West Point, Georgia, the United States. Last month, when Chairman Chung Meng-chung visited India, he also stated that he would

Next year, they will invest US$1.5 billion to build a second new factory integrating automobile production and design. In China, they are also actively cooperating with local companies to expand production scale," said Li Yinghao.

"We don't have any good ideas for what Hyundai Motor Group wants to do in India, but in China, hehe..." Fang Mingyuan sneered twice. After taking over Jiangning Automobile Group, Qinchuan Samsung Automobile Group not only increased its production capacity

Once again, there will be large-scale growth, and the layout of the production base will also be more reasonable. To be honest, he really didn't notice Jingcheng Hyundai's production capacity growth.

"Let Hyundai Motor Group do whatever it wants now. When the tide of capital recedes, we will know who swam naked in the tide of capital." Fang Mingyuan said. Although he remembered Hyundai Motor

The group company has successfully weathered the subprime mortgage crisis in previous lives, but this does not mean that it will remain unscathed in this time's subprime mortgage crisis.

It was not until after ten o'clock in the evening that Zheng Mengzhong returned to his mansion in a wealthy area of ​​Seoul with some exhaustion. Ban Ki-moon was successfully elected as the Secretary-General of the United Nations. As a core figure in South Korea's upper class, he naturally wanted to participate.

The celebration banquet also shows to the Chinese people that Hyundai Motor Group's position in the hearts of the Korean government is still unshakable!

He was accused by a Korean court of violating South Korea's "Special Economic Crimes Aggravated Punishment Law", which has made him exhausted. Although he was successfully released on bail, the matter was not resolved for a day, whether it was the Zheng family or the

Everyone in the Hyundai Motor Group is panic-stricken. But until now, they have not found out who is behind the incident. The chaebols in South Korea are suspected, and it is also possible within the Zheng family.

There are many people who want to knock Hyundai Motor Group into the dust or want to kick him, Zheng Mengzhong, from the position of chairman of Hyundai Motor Group!

Zheng Mengzhong can be said to be extremely sad about the split of the original Hyundai Group. The old Hyundai Group founded by his father split into three group companies in the hands of their brothers. Although it is still the top large enterprise in South Korea, it is the first in South Korea.

However, the throne of large enterprises was taken away by Samsung Group Company.

It would be fine if Samsung Group Company concentrated on the development of the electronics industry, but in recent years, Samsung Group Company has also extended its hands and feet into the fields of the old Hyundai Group Company, whether it is Hyundai Group, Hyundai Motor Group Company and Hyundai Heavy Industries

Group companies are facing strong competition from Samsung Group.

Hyundai Motor Group's two expansion opportunities, one to acquire Kia Motors and one to acquire Ssangyong Motors, were all snatched away by Samsung Group. If we include the Qinchuan Samsung Motors Group in China, Lee's

Compared with the Hyundai Motor Group, the gap between the family's automobile industry and the Hyundai Motor Group has become so small that even Zheng Mengzhong feels dangerous, as if the tip of the knife has reached his heart.

In order to protect itself, Hyundai Motor Group must further consolidate its position in South Korea in the world's automobile industry. Unfortunately, Hyundai Motor Group's plan to merge with Hyundai Steel was disrupted by Fang Mingyuan, and it had to start its own business.

Hyundai Integrated Steel Plant will create a complete industrial chain to reduce Hyundai Motor's production costs and gain a more favorable competitive advantage. Although doing so will make Posco Steel Group very unhappy.

But even so, Zheng Mengzhong still feels insecure because he knows that although Samsung Group does not have a decent steel company in the country, a considerable part of the automotive steel plates it needs is purchased from Posco Group Corporation.

, but the problem is that Liao Iron and Steel Group Company, a subsidiary of the Fang family, is also a large manufacturer of automotive steel plates and an important supplier of automotive companies under the Samsung Group. Automotive steel plates are produced in South Korea and automotive steel plates are produced in China.

Could it be a cost? Even if the cost of shipping is added, the two are not on the same level.

Moreover, he also knew that Liao Provincial Iron and Steel Group Company is currently cooperating with the world's largest steel company, Aselok Group Company, and has acquired a majority of the shares of a large private steel company in the southern coastal area of ​​China. I believe it will not be long before

.The production capacity of automotive steel plates will increase to a considerable extent.

It’s not that Zheng Mengzhong has never thought about purchasing low-priced automotive steel plates from overseas, but in the overseas market, there are really no other countries that can provide low-priced automotive steel plates except China.

Most of China's automotive steel plate production capacity is used to meet domestic needs, and the export part has long been divided up by other car companies. Even if Hyundai Motor Group wants to buy it, it doesn't have any extra share.

Zheng Mengzhong is full of worries about the future prospects of Hyundai Motor Group. He hopes to re-merge Hyundai Group, Hyundai Motor Group and Hyundai Heavy Industries Group. However, not to mention Xuan Jin-eun's attitude, even his brother Zheng Mengxin does not

Enthusiasm, can't they see that if they continue to let things go like this, the possibility of the Zheng family becoming the heads of Korea's largest company again is getting smaller and smaller!

Zheng Mengzhong entered his study with a gloomy expression. He had already received the news that Fang Mingyuan had arrived in Seoul. Although he did not know why Fang Mingyuan came, Zheng Mengzhong always had a bad feeling.

Although Fang Mingyuan did not show any obvious hostility towards Hyundai Motor Group, it was precisely because of his existence that the Hyundai Group led by Xuan Zhenen had avoided annexation by Hyundai Motor Group again and again.

Until now, Zheng Mengzhong did not dare to force Xuan Zhenen too much, fearing that if she acted impulsively, she would introduce the Fang family's capital into the Hyundai Group... It's easy to please God, but hard to give away!

"Father, are you worried about Fang Mingyuan's purpose of coming to South Korea?" The speaker was Zheng Mengzhong's third son Zheng Xuanhan. He was born in 1968 and is now 38 years old. He graduated from Seoul National University in South Korea and went abroad to further his studies.

After working for three years, he returned to China and joined the Hyundai Group. Although there are two older brothers above him, he is Zheng Mengzhong’s most valued successor. Now he is an important member of the management of the Hyundai Motor Group.

"Well, I'm worried that the seller's wife will... Sigh!" Zheng Mengzhong sighed, "Back then, your grandfather divided the Hyundai Group into several parts and gave them to our brothers. Although from his perspective, we

These children have been taken care of. Everyone has received his share of the inheritance, but from the perspective of the Zheng family, this will do more harm than good in the long run!"

Zheng Xuanhan was overjoyed. Zheng Mengzhong had four sons and two daughters. Although his status as heir had been basically confirmed, he felt uneasy sometimes when he thought about it. Even if his father transferred the core business of Hyundai Motor Group to

He will inherit it and hand over non-core businesses to his brothers and sisters. However, without related businesses, Hyundai Motor Group will definitely suffer a serious loss. It is certainly a good thing that my father can clearly understand this.

"Father, Fang Mingyuan is just a tiger that eats people without spitting out their bones. Look at today's Samsung Li family. They seem to be prosperous, but the company's major shareholder is not him. I believe President Xuan sees this...

I am definitely not willing to let go of power." Zheng Xuanhan said, "At this time, it is inappropriate for us to put pressure on President Xuan to prevent her from moving further towards Fang Mingyuan."

"Well, Hyundai Motor Group really needs to take a rest." Zheng Mengzhong leaned back in his chair and let out a long breath. Although Hyundai Motor Group seems to be prosperous this year, it is investing in Hyundai.

The integrated steel plant is investing in the construction of a second automobile production plant in the United States, and is also investing in expanding production capacity in India. But beneath the bright surface, there are also many hidden dangers.

Not to mention that this series of investments and expansions have put huge pressure on Hyundai Motor Group's finances, the strengthening Korean won has also brought trouble to Hyundai Motor Group, which relies heavily on exports for its products, of overall weak sales. 200

Compared with the same period last year, net profit in the first half of six years dropped by 39.7%, exceeding US$700 million!

In response to this unfavorable situation, Hyundai Motor Group is negotiating with the company's more than 2,000 suppliers, requiring them to lower the price of auto parts by 20% and reduce investment in research and development. This will

As a result, the scheduled launch of Hyundai Motor Group's gasoline-electric hybrid vehicle has been postponed to the end of 2009 and the beginning of 2010.

Moreover, Zheng Mengzhong also plans to freeze the salary of the company's management for three years, eliminate a group of managers whose salary and abilities are completely inconsistent, and reduce administrative costs to deal with this unfavorable situation! (~^~)