Resource Tycoon Reborn
Chapter 780 Fangs
It’s just that the closure of Mount Kumgang tourist area was like a blow to the head, which made Xuan Zhen-eun dizzy and unable to distinguish between east, west, north and south. This was not only a loss of property, but also meant a huge loss of social influence of Hyundai Group.
At first, she thought that this matter would be properly resolved through coordination and discussion between the two parties. Although it was difficult for the Koreans to accept that the North Korean side shot and killed the female Korean tourist, to be fair, after all, the female tourist from South Korea was traveling without permission.
Entering the North Korean military restricted area under certain circumstances is wrong in itself. Not to mention the North Korean side, even if you enter the US military base in South Korea without permission, you may also be injured and killed by the guards.
The existence of sex is not without precedent in Korea. But as the situation developed, she found that she had been wrong. The attitudes of both parties were unexpectedly tough, with no intention of giving in. As a result, they just kept talking.
, which brought both sides to a point where the other party could not get off the stage without bowing its head. She didn’t know whether Lee Min-Bo had intended to cause this effect. After he came to power, he changed the former president’s soft policy towards the North and his attitude became more and more
The tougher it gets. Until now, this matter is deadlocked here, with neither side willing to make any concessions. The result is that the Hyundai Group Company caught in the middle is sitting on the wall. In desperation, Xuan Zhenen pinned his hopes on Fang Mingyuan.
We hope that China can exert pressure on North Korea and resolve this incident as soon as possible.
"I can understand President Xuan's mood, but... 5 Chang... 5 Feng... 5 Wen... to say how much damage our interests will be affected by this, haha..." Fang Mingyuan smiled faintly and said, "Responsible for King Kong Mountain
I remember that we don’t hold direct shares in the project company, and the number of indirect shares shouldn’t be large, right?” That weird country in the north is notorious for not abiding by agreements, and I hope it can bite it into its mouth.
If the flesh is spit out again, it would be better to look forward to being born for nine days. Fang Mingyuan has always avoided that country. Over the years, it is not that no one has proposed that the Fang family start trade with it. North Korea also expressed through some channels
The Fang family was welcomed to invest in North Korea, but they were all declined by him. It even dared to default on the country's loans, acting like the debtor was an uncle. Fang Mingyuan was not arrogant enough to think that he was more important to it than Russia.
China does have some influence on that country, but even if it can do it, Fang Mingyuan doesn't think it is necessary to get chestnuts out of the fire for Xuan Zhenen and want North Korea to make concessions, unless it can make them see greater benefits.
To satisfy North Korea's bottomless pit appetite, the price that would have to be paid would probably be much higher than the losses incurred by Hyundai Group Corporation in the Mount Kumgang project, so Fang Mingyuan made the decision to refuse almost immediately.
Xuan Zhenen was a little embarrassed, but before she came, she also thought that Fang Mingyuan would not easily agree to her request. Members of the Zheng family who have been dealing with the weird things of that country for many years have a much deeper understanding than ordinary people.
Understand, it is not an exaggeration to call it ".
Xuan Zhenen let out a long sigh and said: "Master Fang, although you do not hold any shares in this project, and your indirect holdings are very small, you will not suffer any economic losses, Master Fang."
However, after all, it is a member of the Hyundai Group, and its losses will affect the shareholders' confidence in the company's prospects. Moreover, in recent days, Hyundai Motor Group and Hyundai Heavy Industries Group
There are some who are ready to make a move, and I am worried that if the Mount Kumgang project cannot be solved as soon as possible, it may become a breakthrough for them to attack us."
Although the situation of Hyundai Group Company has improved a lot in the past two years, when it comes to its background, it is no longer as good as Hyundai Motor Group Company and Hyundai Heavy Industries Group Company, which were separated from Hyundai Group Company. They are also facing economic crises. Hyundai Motor Group
Although the company and Hyundai Heavy Industries Group were also seriously affected, the situation was better than that of Hyundai Group. For the Zheng family, this is undoubtedly a good time to take back the controlling stake of Hyundai Group. And this is undoubtedly Xuan
It is a result that Zhen En absolutely does not want to see.
"What President Xuan means...is that he needs our Fang family to give greater support in terms of equity? Can our Fang family take a bigger step in acquiring shares of Hyundai Group Company?" Fang Mingyuan said.
Xuan Zhenen's expression was stagnant. Although she deliberately concealed it, Fang Mingyuan could still see her somewhat panicked expression. She did not expect that her complaint would make Fang Mingyuan interpret it differently. If the Fang Family Capital
A large-scale entry into Hyundai Group Company can indeed form a strong deterrent to Hyundai Motor Group Company and Hyundai Heavy Industries Group Company, causing them to reconsider whether to compete with Fang Family Capital for the equity of Hyundai Group Company. But in that case, Fang Family's position in Hyundai Group
The right to speak in the company will undoubtedly be further strengthened!
"It seems that President Xuan has no intention of welcoming us, Fang Family Capital, to continue to expand our equity." Fang Mingyuan sighed softly and said, "Does President Xuan have anything else to do? If not, I'm sorry, I still have something to do.
If we finish it before leaving Korea, we won’t be able to spend more time with President Xuan.”
A shopping mall is like a battlefield, and there is no room for too much compassion. On the one hand, he supported Xuan Zhenen because it was true that the Zheng family did something very unfair in this matter and was suspected of bullying orphans and widowed mothers.
He was in conflict with the Zheng family at that time. If he helped her, even if it was a powerful counterattack against the Zheng family, he could gain favor from those forces in Korean upper class society who were at odds with the Zheng family; on the other hand,
, it is also because the influence and status of Hyundai Group Company in the Korean economy was still at a high level at that time. If it were to be acquired rashly, it would probably cause a strong backlash from Korean society. Even if it was acquired, the gains would outweigh the losses. Therefore, Fang Mingyuan took one side.
Cannibalizing the shares of Hyundai Group Company, on the one hand, it supports Hyun Jin-eun and refuses the entry of Hyundai Motor Group Company and Hyundai Heavy Industries Group Company. Of course, part of this is to consolidate the position of Samsung Group Company in the Korean economy and not to give
Opportunities for the Chung family to revive Hyundai Group and challenge Samsung Group.
But this does not mean that he has any obligation and responsibility to support Xuan Zhenen. To put it harshly, even if the Zheng family successfully regained the controlling stake of Hyundai Group Company and removed her from the position of chairman of Hyundai Group Company
After catching up, her personal assets are still at least more than 500 million US dollars. Whether in South Korea or any country in the world, she and her family can live a happy life and have no worries about food and clothing for the rest of their lives. Hyundai Group Company
In the decades from its establishment to becoming the largest company in South Korea, countless companies have been merged and acquired, and the Zheng family has never shown any mercy!
Fang Mingyuan believed that he had done the utmost benevolence. If Xuan Zhenen could quickly reverse the decline of Hyundai Group Company in the past few years and make the company develop strongly and rapidly without giving the rest of the Zheng family the slightest chance, he would be happy to do so.
Shareholders receive dividends and wait for better opportunities in the future. But on the one hand, they do not want the Fang family to obtain more equity, and on the other hand, they want Fang Mingyuan to help solve more problems. How can such a good thing in the world be possible?
Moreover, Fang Mingyuan believes that this is also a good time to acquire shares of Hyundai Group Company. South Korea's economy is in crisis, and the wealth of those shareholders has also shrunk to varying degrees. If the economic crisis continues, many of them may have no choice but to sell their shares.
The shares are demolishing one thing to make up for the other. If Xuan Zhenen cooperates, it will naturally be the best. If she does not cooperate, it is not a big deal.
"Master Fang!" Xuan Zhenen quickly stood up and bowed, "You misunderstood, I didn't mean that. I was just thinking, in that case, wouldn't you have to compete head-on with Hyundai Motor Group Company and Hyundai Heavy Industries Group Company?
?" Although it was only for a moment, Xuan Zhenen was already covered in cold sweat. Without the support of the Fang family, even if the Fang family fell to the Zheng family, it would be a disaster for her! Can Fang Mingyuan allow her?
She continues to serve as the president and controls the company's operating rights, but it is impossible for the Zheng brothers to allow her to sit in that seat after taking control of the company! If Fang Mingyuan turns to the Zheng brothers again, then the situation will be dire
Will immediately lose control!
Although, even if she is not the president of Hyundai Group Company, she is one of the important shareholders of the company and still has huge personal assets. However, she regards Hyundai Group Company as her husband's legacy. When her husband passed away, the Zheng brothers not only
She will always remember the scene in which she failed to lend a helping hand and instead made matters worse. And Hyundai Group has been struggling so hard in recent years. The Zheng brothers continue to want to seize the leadership of Hyundai Group, which is undoubtedly the most important thing.
reason!
She would rather hand over the power of the company to outsiders than give it to the ruthless Zheng brothers. If they hadn't refused to help, her husband would have committed suicide, and how would her mother and daughter be in the situation they are in today.
"Who is our Fang family afraid of in head-to-head competition?" Fang Mingyuan said coldly. Xuan Zhenen's chest felt tight, but he was speechless. With his current financial resources, he is indeed qualified to say this.
After Xuan Zhenen left, Fang Mingyuan sat at the window and thought about the companies under Hyundai Group. In fact, the companies he was most interested in were Hyundai Merchant Marine, Hyundai Construction and Hyundai Elevator. Previously, Fang Capital entered Hyundai Group.
The company also mainly penetrates into these companies. Hyundai Merchant Marine is one of the core enterprises of Hyundai Group Company and an important shipping company in South Korea. Its business can completely complement Kuok Shipping Group Company and further expand Kuok Shipping Group.
The group company’s market share and position in the East Asian shipping industry.
The global economic crisis officially broke out in the second half of 2008, and the Korean shipping industry also suffered a strong impact. In February this year, Hanjin Shipping Company had to withdraw from its subsidiary Victory Shipping Company in Germany.
The turnover of a Shiten Pan-Ocean shipping company has dropped by more than 30%, and they predict that in 2009, the turnover is likely to drop by about 50%. Hyundai Merchant Marine Company
The operating conditions last year were pretty good, but the prospects for 2009 are still not optimistic. The three major giants are all having a hard time, and South Korea's small and medium-sized shipping companies are naturally facing the dilemma of bankruptcy.
Fang Mingyuan plans to buy shares of Hyundai Merchant Marine at a discount from a group of Kuok Shipping Group's ships that are about ten years old. At the same time, he requires Hyundai Merchant Marine to withdraw the elderly ships in its current fleet and some of the leased ships from the fleet, and raise the price.
Ship ownership rate.
Although, in the modern shipping industry, leasing ships for operation is already very common in the shipping industry, and it does have its merits. The past way of operating ships by shipping companies purchasing their own ships will take up a lot of space on the one hand.
A large amount of cash has led to tight cash flow for enterprises. On the other hand, bank loans will also be recorded on the company's balance sheet. Both of these factors have restricted the rapid development of shipping companies to varying degrees. Therefore, the ship leasing industry came into being.
The ship leasing industry can be said to be a sunrise industry in the modern service industry. Just like the aircraft leasing industry, it has been booming since its birth. It has a huge economic driver, strong tax creation ability, improved industrial structure, and related industries.
A range of advantages.
But there are advantages and disadvantages. There is no such thing as the best of both worlds in this world. Too many leased ships in the fleet will also cause some inconveniences to the management of shipping companies. However, these troubles arise when the shipping market is in an active period.
It is nothing, but when the shipping industry is in a downturn, it becomes a headache for shipping companies.
In Hyundai Merchant Marine's fleet, leased ships account for nearly half of the fleet. Now that freight rates are sluggish, after taking out the costs of labor, taxes, fuel, etc., and deducting leasing fees, there is basically nothing.
In addition to profits, they may even suffer losses! However, older ships are not only slow but also consume high fuel, require more sailors, and have much higher operating costs than new ships, so they have always been the targets of Guo's Shipping Group's active elimination.
The reason why Guo's Shipping Group Company is as stable as a rock in this crisis is because, in the past few years, Fang Mingyuan has basically eliminated all old ships, small and medium-sized tonnage ships, and leased ships in the fleet.
.With its own shipyard, as well as a steady stream of new ships launched by domestic shipyards, Guo's Shipping Group's current fleet has an overall age of less than eight years, which is often as high as thirty or fifty years old.
To be honest, he is already very "young". (To be continued.)
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