Resource Tycoon Reborn
Eight hundred and fiftieth eight chapters like a thorn in the back
Cui Meiyan is not willing to give in, and the Zheng brothers are also not willing to give in. Not only is the Hyundai Group Company constantly being cannibalized by the companies under the Fang family, but now even the companies they control are facing strong competition from the companies under the Fang family.
Although Hyundai Motor Group was hit by the economic crisis in the first half of 2009, it was still forging ahead bravely. Although the production and sales of automobiles were affected to some extent, due to the active efforts of Hyundai Motor Group
In response, coupled with the sharp fall in the Korean won exchange rate, which is beneficial to automobile exports, the overall profit margin has increased slightly, which also makes Zheng Mengzhong happy. However, the temporary stability does not mean that Hyundai Motor Group can sit back and relax.
The global economic crisis still has no turning point in sight. The economies of various countries around the world have already experienced a significant decline. It is thankful that the global economy can maintain growth in 2009. If the economic crisis continues for another two years,
In three years, by that time, no matter how hard Hyundai Group strengthens management and controls costs and expenditures, it will probably face the dilemma of a substantial market shrinkage.
What makes Zheng Mengzhong even more uneasy is that Samsung Motors Group is aggressive in the domestic market. The joint venture Qinchuan Samsung Motors Group has not only stabilized Hyundai Group in China, but has now expanded its market to South Korea!
It is relatively difficult to enter the local automobile market in South Korea. On the one hand, South Korea’s automobile industry is relatively developed, with a full range of models and a high market share. On the other hand, it is because the Korean government wants to protect
The country's automobile industry intentionally restricts overseas automobile manufacturers from entering and selling in South Korea. Not only does entry have to go through multiple government department approvals, but once problems arise, sales will be banned immediately!
Moreover, Korean people's attention to overseas car brands is mostly limited to world-famous companies, and they pay very little attention to Chinese car brands. Therefore, before 2009, China's car exports to South Korea could be basically ignored.
But in the first half of 2009, Qinchuan Samsung Motors Group successfully exported more than 800 cars to South Korea, which aroused considerable vigilance from Hyundai Motor Group!
Eight hundred cars. For Hyundai Motor Group, which produces millions of cars every year, with an annual output of more than 1.5 million cars in the country alone, and can export more than 800,000 cars every year, it is simply a figure.
It's just insignificant and not worth mentioning at all!
But the implication of this makes Zheng Mengzhong feel that he has to pay attention to it. Compared with other Chinese automobile companies, Qinchuan Samsung Automobile Group Company is now the company with the highest output in China, and what is even more troublesome is that it
The localization of its products is quite high and a complete industrial chain has been formed. Moreover, Qinchuan Samsung Motors Group Co., Ltd. also has a Korean capital background. Samsung Motors Group Co., Ltd. is one of its two shareholders, and it is regarded as Samsung Motors Group Co., Ltd.
The subsidiaries in China are also justified. This makes it much easier for Qinchuan Samsung Automobile Group's products to enter the Korean market than other Chinese automobile brands!
Although China's automobile industry has become a non-negligible part of the global automobile industry after years of development, it is also a reality that China's automobile industry is large but not strong. This is especially true for automobile exports. According to information from Hyundai Group Corporation
According to statistics from the collection department, China's automobile exports in 2008 totaled 690,000 vehicles (including complete sets of parts and components), worth more than 10 billion US dollars! And last year, only South Korea's Hyundai Motor Group
The company exported more than 900,000 cars!
Secondly, there are many domestic automobile companies and brands in China, but none is strong in exporting. Qinchuan Samsung Automobile Group Company previously focused on the domestic market and later gradually opened up the international market. Although in China, its annual export of cars
It can reach 50,000 to 60,000 vehicles, which can rank at the forefront of China's domestic automobile companies in exports, but this number is nothing compared to other automobile companies around the world.
Moreover, China's automobile exports are mainly medium and low-end models, and the products are of lower grade. The export market is mainly developing countries with underdeveloped economies. Exports to developed countries including South Korea and Japan are almost
Yu Wu.
But this time, Hyundai Motor Group secretly bought one of the 800 cars Qinchuan Samsung Motor Group exported to South Korea. According to the analysis of the company's engineers, its manufacturing level and configuration have reached the level of Hyundai Motor Group's mid-range products.
level, but even if tariffs and dealer profits are added, the price is still nearly 8% cheaper than Hyundai cars of the same class. And since Samsung Motors Group is responsible for repairs and maintenance, there is still a certain amount of competition in the Korean market.
This can't help but make Zheng Mengzhong feel alarmed! Moreover, in the past two years, Zheng Mengxin, who is in charge of Hyundai Heavy Industries Group, has told him more than once that it is not only Samsung Heavy Industries that is competing with Hyundai Heavy Industries for shipbuilding contracts, but also Xiangjiang Shipbuilding Heavy Industry
Group Co., Ltd. has also become an important rival of Hyundai Heavy Industries Group Corporation in the shipbuilding field.
On the one hand, they are grabbing the shares of Hyundai Group Company, and on the other hand, they are also grabbing food in the industrial fields of Hyundai Motor Group Company and Hyundai Heavy Industries Group Company. Even if Samsung Group Company is not included, the companies under the Fang family have now become
A powerful enemy of the Zheng family!
Both Zheng Mengzhong and Zheng Mengxin believe that something must be done. If the Ren Fang family continues to develop like this in these two industrial fields, not to mention the overseas market, even the domestic market in South Korea may be in danger of being unsafe!
The Zheng family was once the first family in South Korea's economy. Although it is now split into three companies, Hyundai Motor Group is still the second largest company, and Hyundai Heavy Industries Group is still ranked among the top ten companies in South Korea.
Although the glory of the Zheng family has faded, it is only when facing the Samsung Li family. When facing other families in the country, as long as the Zheng brothers work together, they will still be in an advantageous position.
However, if the status of the Zheng family in these two industrial fields has seriously declined...the Zheng brothers don't know what situation the Zheng family will find themselves in in the future. In the past few decades, the Zheng family has offended countless people.
!
Zheng Mengzhong was sitting in his office, looking at the sunset outside the window. He felt that not only his old self was like the setting sun, but also the Zheng family seemed to be falling into the darkness.
The door of the office was pushed open, and Zheng Mengzhong turned his head displeased. He wanted to see who was so bold. He had already ordered that he should not be disturbed unless the president of South Korea died suddenly. But the person who caught his eye was Zheng Mengxin.
That face is much younger than him!
"Meng Xin? Why are you here?" Zheng Mengzhong saw that it was his younger brother who came in person. Although the relationship between the two could not be said to be very good, their positions were consistent on many things.
"I heard a piece of news and wanted to come and discuss it with you." Zheng Mengxin stood beside Zheng Mengzhong and said.
"What's the news?" Zheng Mengzhong's heart sank. Being able to ask Zheng Mengxin to come in person is definitely not an ordinary matter.
"Xiangjiang Shipbuilding Industry Group Co., Ltd., a subsidiary of Kuok's Shipping Group, intends to build luxury cruise ships." Zheng Mengxin paused and continued, "Kok's Shipping Group and Genting Group seem to be discussing something recently, management
I have met with senior executives several times. I guess maybe Kuok Shipping Group may get involved in the operation of luxury cruise ships.”
Zheng Mengzhong's face darkened. Although he has not been involved in the shipbuilding industry for many years, he still knows most of the common sense knowledge. Luxury cruise ships are known as the "crown jewels" of the shipbuilding industry, and are among the few Korean shipbuilding industries that have not yet been able to do so.
He masters the manufacturing of highly difficult ships. Although the number of luxury cruise ships built and launched every year is not large, their value is extremely considerable. Of course, what he values most is not how much money Xiangjiang Shipbuilding Industry Group Co., Ltd. will earn from it.
Profit, but what this represents, is the improvement of the shipbuilding technology level of Xiangjiang Shipbuilding Industry Group Co., Ltd. There is an old saying in China, if you don’t have diamonds, don’t do porcelain work. Since Xiangjiang Shipbuilding Industry Group Co., Ltd. dares to get involved in the construction of luxury cruise ships,
There must be some confidence.
The more confident Xiangjiang Shipbuilding Industry Group Co., Ltd. is, the more unfavorable the situation will be for Hyundai Heavy Industries Group Co., Ltd., and Xiangjiang Shipbuilding Industry Group Co., Ltd. and Samsung Heavy Industries can be said to be wearing the same pants. If Xiangjiang Shipbuilding Industry Group Co., Ltd. can
If the luxury cruise ship is successfully built, Samsung Heavy Industries will also benefit a lot from it. This will be an even worse result for Hyundai Heavy Industries Group.
If Hyundai Heavy Industries Group had not played a key role in the design and construction of South Korean naval ships, bringing stable orders and considerable income to Hyundai Heavy Industries Group, and purely manufacturing civilian ships, who would be stronger between Hyundai Heavy Industries Group and Samsung Heavy Industries?
Weak, it’s really hard to say. Moreover, the Lee family of Samsung also controls a considerable military industry, involving artillery, tanks, missiles, military electronic products and other fields. Its influence in the South Korean military is no less than
Zheng family.
"This is in line with Fang Mingyuan's style. They have to intervene in everything from shipbuilding to operations!" Zheng Mengzhong snorted coldly.
Zheng Meng's confidence was bitter. Zheng Mengzhong was right. The layout of the Fang family enterprise did have this characteristic, that is, it took all the upstream and downstream, ensuring that the profits of the entire industry chain fell into his own hands to the greatest extent. Of course.
Yes, this is a relatively risky way of industrial layout, and the investment is huge, but once successful, it will also have strong ability to withstand pressure when faced with competition and risks!
Hyundai Heavy Industries Group Co., Ltd. has to face multiple pressures from many peers, including Heungkang Shipbuilding Industry Group Co., Ltd. and Samsung Heavy Industries. Moreover, as South Korea's economic development has been hit hard by the economic crisis in recent years, the construction of new warships is financially difficult.
It is difficult to provide sufficient support, which makes it difficult for him to be optimistic about the future prospects of Hyundai Heavy Industries Group Corporation.
"I remember that Stx Group acquired the European Aker Shipbuilding Group, and the Aker Shipbuilding Group also has the capacity to build luxury cruise ships. Can we open a breakthrough from here?" Zheng Mengzhong pondered for a moment and said.
"The Stx Group acquired Aker Shipbuilding Group, but if it wants to fully understand the construction technology of luxury cruise ships and move it to China, it will take only three to five years. I am afraid there is no hope. Moreover, the Stx Group
, will not easily agree to our request." Zheng Mengxin sighed lightly. Although Stx Group is not as good as Hyundai Heavy Industries Group, it is also a top-ranking company in South Korea. They spent huge sums of money to acquire Aker Shipbuilding.
The group company just wants to be the first to eat crabs in South Korea and even East Asia in the field of luxury cruises, so as to take the strength of the stx group company to a higher level. How can it be willing to share modern technology with the Hyundai Heavy Industries Group Co., Ltd.
The shipbuilding strength of the Heavy Industry Group Company is superior to that of the Stx Group Company.
"Maybe in a few years, they will have to consider it." Zheng Mengzhong said calmly.
"Huh?" A trace of surprise flashed in Zheng Mengxin's eyes, and he was thoughtful.
"Meng Xin, the news I received is that stx Group Company borrowed a lot of money from banks during the acquisition of Aker Shipbuilding Group Company. If this is the period of great development of the shipping industry in the past few years, I believe that these loans
Stx Group Company will digest it quickly. But now the shipping industry is in the dilemma of overcapacity, and the shipbuilding industry has also been significantly affected. Stx Group Company took the risk to acquire Aker Shipbuilding Group Company during this period, hehe... According to China's
As the old saying goes, they are likely to succeed or fail depending on Xiao He!"
Zheng Mengxin stroked his chin. He already understood what his brother said. It was not because the European economy was severely affected by the economic crisis that it would have been impossible for Stx Group to acquire Aker Shipbuilding Group. However, it was also because of the economic crisis that Stx Group would
It has put itself in a dangerous situation. Once its capital chain breaks down, the acquisition of Aker Shipbuilding Group will be one of the most important reasons for its collapse! And at that time, it will be time for everyone to divide the fat.
!
"You came here just to tell me this?" Zheng Mengzhong turned around and sat down behind his desk and asked.
"Oh, of course not!" Zheng Mengxin took a few steps back and forth in front of the window, as if it was difficult to make a decision on something. Zheng Mengzhong did not rush him. He held his chin with both hands and looked at the door thoughtfully.
After a long while, Zheng Mengxin suddenly stood up, then came to Zheng Mengzhong in a few steps, slammed his hands on the desk, looked directly into Zheng Mengzhong's eyes, and said in a deep voice: "Let's rebuild the Hyundai Group Company!"
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