Resource Tycoon Reborn

Fifty-six trillion won, which is equivalent to US$4.56 billion. Before 2008, this amount was not so unbearable for Hyundai Motor Group and Hyundai Heavy Industries.

However, after two years of financial crisis and economic crisis, even the Zheng brothers must be cautious about such an investment. There are countless precedents for corporate bankruptcy due to the break in the capital chain, and this

It is not a "privilege" for small and medium-sized enterprises, and there are also a few very large enterprises that have failed because of this. They will not use such a large amount of funds easily unless they have to, which is why the Zheng brothers do what they do.

Because their hands are tied, otherwise if they had sufficient liquidity, they could just redeem the equity of Hyundai Construction Company directly from bank creditors, and there would be no need for such trouble.

"Forty-five and a half billion U.S. dollars...just think of it as U.S.$4.6 billion. We can still afford it. With equal qualifications, we should enjoy some priority. This is what we should do." Zheng Mengzhong said. His mood improved.

Quite a bit. In this case, the Zheng family does not have to promote large-scale demonstrations to put pressure on the government and ask the government departments to stop the transaction. The matter is still within the controllable range, and the risk is naturally much smaller. Li

Although Mo Bo took care of the Zheng family, he was also very respectful to the Li family and Fang Mingyuan. If the matter really got into trouble, Li Mo Bo would probably not dare to favor the Zheng family.

"Then how much should we quote?" Zheng Mengxin hesitated and asked, "How about 4.8 billion US dollars?" Zheng Meng's confidence ached, but he also understood that if he wanted to take Hyundai from the mouth of Texas Pacific Group,

To get back the equity of the construction company, you must be mentally prepared to cut it off. You cannot increase it by a small amount. You must make Texas Pacific Group realize that the Zheng family is bound to win the equity of Hyundai Construction Company! It will increase!

If it's US$10 to 20 million, the other party will definitely increase the price, and in the end, the bank creditors may get an advantage!

Zheng Mengzhong is also heartbroken. After taking out the US$4.8 billion, their working capital will be almost completely wiped out. Although Hyundai Motor Company and Hyundai Heavy Industries can still guarantee profits, they have no money in their hands and feel sad in their hearts.

Not at ease.

"Okay, just 4.8 billion U.S. dollars!" Zheng Mengzhong gritted his teeth. He also understood that if he lost the control of Hyundai Construction Company, both Hyundai Motor Group Company and Hyundai Heavy Industries Group Company would face a lot of troubles in the future, and they would give

Xuan Zhenen and Fang Mingyuan had the opportunity to interfere in the affairs of the two major group companies. By then, it would be too late for them to regret it.

"Four.8 billion U.S. dollars?" Fang Mingyuan laughed dumbly. The Zheng brothers really valued their shares in Hyundai Construction Company.

"We estimate that the current working capital of the Zheng brothers, excluding the funds necessary to ensure the company's normal operations, the balance should not exceed 5.5 billion US dollars at most." Xu Changxiu squinted and smiled, "With these 4.8 billion US dollars,

After that, the funds in the hands of the Zheng brothers are quite tight."

"What President Xu means is...this has basically reached the limit of the funds that the Zheng brothers can use?" Fang Mingyuan said.

"It will not exceed five billion US dollars at most, unless they forget the lessons learned from Daewoo Group!" Xu Changxiu said with certainty. The serious consequences of the break in the capital chain are far greater than the fall of control of Hyundai Construction Company into the hands of Bang Mingyuan.

He believed that the Zheng brothers would be able to tell which one of the two was more important. He didn't understand why Fang Mingyuan was still confident and seemed a bit happy about the Zheng brothers' offer.

.

Xu Changxiu hesitated and said: "Master Fang, these shares of Hyundai Construction Company are priced at US$4.8 billion, which is already a considerable premium." Although Hyundai Construction Company has a high status in the real estate industry in South Korea, it costs nearly

Five billion US dollars to acquire part of its shares, even if he can control Hyundai Construction Company through these shares, it is already somewhat unworthy in his opinion. The economic crisis has not yet reached an inflection point, and no one dares to say that the situation will not worsen further.

.For the development prospects of South Korea's real estate industry, it does not seem wise to take such risks. Even if he knew that if he controlled Hyundai Construction Company, Fang Mingyuan and Xuan Zhenen would be in a business war with the Zheng brothers.

, then we have the upper hand.

"Yes, the premium is a bit too high." Fang Mingyuan flicked the report in his hand and sighed, "It seems that it is indeed time to let go."

"Oh? Ah..." Xu Changxiu's next words to persuade Fang Mingyuan reached his throat, and he swallowed them back, but his expression was a little weird. But this time he came to Jeju Special Self-Government Province to see Fang Mingyuan.

Yuan wanted to hear Fang Mingyuan's judgment on the future trend of oil prices in the international market, and the matter of the dispute over the equity of Hyundai Construction Company was just incidental. But he did not expect that Fang Mingyuan gave up so neatly.

There is no sloppiness at all.

But...if that's the case, why did Fang Mingyuan ask Texas Pacific Group to acquire the equity of Hyundai Construction Company? He has had a lot of dealings with Americans, and he knows those guys who can eat people without spitting out their bones.

How greedy. Could it be that it is just to force the Zheng family to invest in buying back the equity of Hyundai Construction Company?

Fang Mingyuan noticed Xu Changxiu's expression and asked with a smile: "President Xu, do you think I made this decision too easily?"

Xu Changxiu nodded with a smile and said, "I thought Mr. Fang had to weigh things up before finally making a decision." He and Fang Mingyuan were already familiar with each other, so they naturally spoke much more casually.

Fang Mingyuan waved a briefcase to someone, pushed it in front of Xu Changxiu and said with a smile: "President Xu will understand after seeing this."

Xu Changxiu blinked in confusion, reached for the briefcase, and opened it. Inside was a thick stack of paper. Xu Changxiu took it out and found that it was an appraisal report written in Chinese, Korean, and English. Although it said

His language talent is not very high, but he still saw the words National Highway Traffic Safety Administration (NHTSA) in Chinese and Korean at the first time. His heart was immediately shocked, and he looked up at Fang Mingyuan with a surprised look on his face.

.Fang Mingyuan made a gesture, indicating that he should continue reading.

Xu Changxiu didn't read the long articles carefully. He just looked at the beginning and the end. His brows were already tightening and loosening, relaxing and tightening again! This is a document issued by the National Highway Traffic Safety Administration (NHTSA).

The report on driving safety of multiple brands of cars sold by Hyundai Motor Company in the United States was concluded three days ago. Although Xu Changxiu is not a person in the automobile industry, the signature at the end of the report, as well as the country of the United States,

With the seal of the Highway Traffic Safety Administration (NHTSA), he could confirm that this should be similar, if not the final official report.

This report mentioned that in many brands of cars sold by Hyundai Motor Company in the United States, such as the Santa Fe sedan, there are hidden dangers in the occupant identification system os, so it cannot accurately identify smaller minor occupants, thus causing a collision.

The airbag cannot be deployed in an accident; the brake pedal switch contacts of some vehicles are in poor contact, the electrical signal is delayed, causing the esp warning light to light up, the one-button start is poor, the gear lever is difficult to move in the P position or the cruise control cannot be released, and the brake

The lights cannot light up, which may increase the probability of accidents, posing safety risks; the roof brackets of the vehicle may become loose when the side airbags of some models are deployed, causing injury to members; and Hyundai Motor Company exaggerated some of the information in its publicity in the United States.

The fuel mileage of the vehicle model is misleading to American consumers... blah blah blah!

At the end of the report, the U.S. National Highway Traffic Safety Administration (NHTSA) proposed a handling opinion that requires South Korea's Hyundai Motor Group to recall the vehicles involved and provide adequate compensation to American consumers. As for Hyundai Motor

The company exaggerated the fuel mileage of some models in its publicity in the United States, misleading American consumers, and proposed to impose huge fines and deduct high emissions credits! According to the National Highway Traffic Safety Administration (NHTSA)

According to incomplete statistics, the total number of vehicles that Hyundai Motor Group may recall will reach more than 700,000!

Xu Changxiu took a breath. Even if he was not in the automobile industry, he knew what the recall of more than 700,000 vehicles meant to an automobile manufacturer! And this is the American automobile market. How much did Hyundai Motor Company spend?

It has just entered this market. If this report is released, it will definitely have an extremely strong impact on Hyundai Motor Company's U.S. and even global markets! At that time, Hyundai Motor Company will be required to recall vehicles, and it will definitely not only be

The United States, the European Union, Japan, Southeast Asia, China and other countries will definitely make the same request! And calculated this way, the total number may exceed one million vehicles!

The recall of millions of cars is not that rare in the history of automobile manufacturing and sales. Many brands have had similar incidents. Moreover, the recall does not mean that the car manufacturer will buy back the cars that have been sold, but will provide free repairs and

Replacement of defective parts and components eliminates hidden dangers, but the cost of repairing millions of cars is also quite staggering. More importantly, this will definitely affect consumers' recognition of the car manufacturer. This is

I don't know how much advertising it will cost to fix it.

Although Hyundai Motor Group is the largest automobile manufacturer in South Korea and is among the top ten global automobile manufacturers, such a blow is still very heavy for it! Especially now, if this news

If it becomes public, it will be enough to cause Hyundai Motor Group's stock price to plummet, and this year's profits will turn into huge losses! Automobile exports will also be hit hard!

Fang Mingyuan smiled lightly. To be honest, this report from the National Highway Traffic Safety Administration (NHTSA) surprised him. He originally only remembered that the Santa Fe car could not accurately identify the occupants of the Santa Fe because of the hidden dangers in the OS.

The U.S. National Highway Traffic Safety Administration (NHTSA) asked Hyundai Motor Group to recall the problem of smaller minor occupants, which prevents the airbags from deploying in a collision. Only more than 200,000 vehicles were involved.

However, the U.S. National Highway Traffic Safety Administration (NHTSA) has found many problems. This may not only be because of its own efforts behind the scenes, but also other forces secretly promoting it.

Fang Mingyuan can imagine who the other forces behind this are. It is not nonsense to say that peers are enemies. Two of the three major American automobile companies have gone bankrupt and reorganized. European and Japanese automobile companies are also having a hard time, and the United States is also

One of the most important automobile markets in the world... Hey, Hyundai Motor Group's misfortune is good news for other automobile companies!

Xu Changxiu took a long breath, calmed down his mood, and looked through the report in his hand again. Of course, he was not trying to confirm the fact again, but he was using this time to carefully organize his thoughts.

Smooth.

Once this report is officially released, it can be imagined that the blow to Hyundai Motor Group will be severe. At that time, Hyundai Motor Group will not only have to spend a lot of manpower and material resources to carry out car recalls, but also conduct inspections on the automobile markets in various countries.

Public relations, restoring the image of the company's products among consumers in these countries, investing huge sums of money to stabilize the stock price, stabilizing its own channel sellers, and dealing with the fines that come with it... In the end, these things require a lot of money.

!

As for the Zheng brothers, they want to spend US$4.8 billion to acquire the equity of Hyundai Construction Company. As I said just now, they still have US$6.7 billion in funds that they can flexibly mobilize. If this money is still

If it is not enough, then Hyundai Motor Group may face the risk of a broken capital chain! At that time, as long as the Zheng brothers do not want Hyundai Motor to follow in the footsteps of Daewoo Group, they will have to give up their pawns and give up the equity of some of their companies.

To withdraw funds... And this also requires a premise, that is, the Fang family and Xuan Zhenen will have no follow-up blow to them!

Thinking of this, Xu Changxiu couldn't help but break out in a cold sweat on his back. He didn't know when Fang Mingyuan prepared the National Highway Traffic Safety Administration (NHTSA) card. There was no news before. Everyone thought that Dirk

Saas Pacific Group Company's acquisition of Hyundai Construction Company's equity was Fang Mingyuan's blow to the Zheng brothers, forcing them to spend a large amount of precious funds on Hyundai Construction Company and thus unable to threaten Hyundai Group Company. Now it seems that it was just

A pretense on the surface!

If in this process, the Samsung Li family joins and cooperates...