Resource Tycoon Reborn

In the early morning of February 27th, the sky in Seoul had not yet cleared up. After the heavy snowfall, everything was completely white. Fang Mingyuan was sitting in the car and yawning. It was not that he got up early, but he just rushed back to sleep.

The U.S. National Highway Traffic Safety Administration (NHTSA) report on Hyundai Motor has been released to the public. However, due to the efforts of the government, the Zheng family, and the non-intervention of others, the domestic media in South Korea did not exaggerate the matter too much. Naturally, they did not

It caused too much fluctuation among the Korean people. At the same time, negotiations between the Fang family, Hyundai Group Company, Hyundai Motor Group Company, and Hyundai Heavy Industries Group Company were also quietly going on.

Although the Jung brothers have admitted defeat and decided to "sever" the ties between Hyundai Group Company, Hyundai Motor Group Company and Hyundai Heavy Industries Group Company, the negotiations between the two parties cannot be formally reached in a moment. However, although the Jung family

He had already given in defeat, but that didn't mean he was submissive. It just didn't dare to offend the Fang family and Xuan Zhenen, so minor frictions and incidents occurred one after another during the entire negotiation process.

Now that he has achieved the predetermined strategic goal, Fang Mingyuan did not have any overreaction to these small actions of the Zheng family, which allowed the Zheng family to have a better psychological balance. In the long run, it also saved him and Xuan Zhenen some unnecessary trouble.

Of course, this does not mean that Fang Mingyuan will indulge these people in the Zheng family.

Fang Mingyuan came to South Korea. The focus of the negotiation was the equity of Hynix Semiconductor Company in the hands of the Zheng family. This company, formerly known as Hyundai Electronics Co., Ltd., has separated from the Hyundai Group Company since two thousand years ago, and even changed its name.

It was changed to Hynix Semiconductor, abandoning its previous name of Hyundai Electronics. This change was due to the crazy expansion of the Zheng family. The original Hyundai Electronics Company acquired LG Semiconductor Company in 1999. In order to achieve this

For the acquisition, Hyundai Electronics paid a whopping US$2.14 billion and made its own debt as high as US$6.2 billion!

Such high debt made Hyundai Electronics Company unable to bear its responsibilities, and the Zheng family was in the midst of a split at the time. The Zheng brothers were busy fighting for the family property, and no one paid attention to the plight of Hyundai Electronics Company, which was seriously short of funds. In order to repay the loan as soon as possible,

To avoid the company falling into the crisis of bankruptcy liquidation, Hyundai Electronics had to decide to implement a drastic reorganization of the entire company and decide to separate from Hyundai Group Company, sell off the company's non-semiconductor assets in exchange for cash, and actively raise funds to repay debts.

Due to the difficulty in raising funds to repay debts, the Korean government negotiated and coordinated, and finally launched a joint management mechanism among creditors, thus enabling Hyundai Electronics to avoid bankruptcy and liquidation. However, in this way, the main Hyundai Electronics companies

The shareholders include several banks, but the Zheng family’s shareholding ratio has dropped significantly, and even the top three shareholders are not included. This is also an important reason why it was later renamed Hynix Semiconductor. However, according to unknown sources

Public data proves that the Zheng family still controls almost 11.8% of the shares through various channels.

Fang Mingyuan still attaches great importance to Hynix Semiconductor Company. Although he already has Samsung Electronics in his hands, he does not care about controlling another excellent semiconductor company, and there is a broad enough domestic market. But to acquire Hynix Semiconductor Company

, it is not just sufficient funds. The Korean government also has a negative attitude towards the Fang family's acquisition request. Many people believe that if the controlling rights of Hynix Semiconductor Company fall into the hands of the Fang family, consider

Considering the Fang family's influence in the Samsung Group, Samsung Electronics and Hynix Semiconductor can almost be called a monopoly in South Korea's domestic semiconductor industry.

If it weren't for the outbreak of the global economic crisis, which caused a heavy blow to the global chip industry, Hynix Semiconductor also suffered huge losses. Many of its important shareholders were interested in transferring their shares in exchange for cash, and there was no more suitable company in South Korea at this time.

Looking at the candidates for the successor, there are only a few companies around the world willing to enter the chip industry at this time, and they will not relent and agree that the Fang family will acquire Hynix Semiconductor Company. This can be regarded as a concession given by Li Mingyuan to Fang Mingyuan.

Although the South Korean government has relented, it does not mean that Fang Mingyuan's acquisition of Hynix Semiconductor Company will be able to achieve the predetermined goal. If you want to control Hynix Semiconductor Company, or even absolutely control Hynix Semiconductor Company, there is still a lot of work to be done.

Therefore, Fang Mingyuan also attaches considerable importance to the 11.8% shares held by the Zheng family.

After negotiating with the Zheng family, he and the negotiation team studied how to acquire more shares of Hynix Semiconductor Company from other shareholders. As a result, the discussion lasted until early morning. Fortunately, there were no arrangements for the next morning.

He could still go back and get some sleep.

Although he is already quite tired, Fan Mingyuan's spirit is a little excited. Even though he now controls Samsung Electronics, and even though Samsung Electronics has built many factories in China, it even has a R&D center in China.

Two places, but Fang Mingyuan still believes that the global chip industry has great potential, so he continues to expand investment in the chip industry. Although in the past two years, Hynix Semiconductor is not the only semiconductor company that has been in trouble or even faced bankruptcy and reorganization, but from

After comprehensive consideration of all aspects, Hynix Semiconductor Company is the most suitable for the Fang family.

Moreover, the shareholder structure of Hynix Semiconductor Company is relatively easy for the Fang family to break into. Its main shareholders include Korea Financial Corporation, Korea Exchange Bank and other financial institutions. These companies were originally creditors of Hyundai Electronics Company.

, after Hyundai Electronics Company separated from Hyundai Group Company, they became shareholders of Hynix Semiconductor Company. Although the implementation of the creditor group management mechanism made Hynix Semiconductor Company’s performance improve in the early days of separation, due to

The scale of accumulated losses was still very large, so the company's situation had not improved significantly. Soon after the company's situation really improved, the global economy ushered in a series of blows such as the subprime mortgage crisis, the financial crisis, and the economic crisis.

Lux Semiconductor's performance once again fell into serious losses. This result naturally made these financial institutions eager to get rid of this burden. In addition, because ordinary investors were unwilling to rush into the capital-intensive chip industry, overseas

Lux Semiconductor shareholders' previous plans to transfer their shares have failed several times, which has made funds that want to enter this industry more cautious.

"Alas..." Cui Xinlie let out a long sigh and closed the car window, but the cold air had already filled the car, which lifted his spirits as he got up early and rushed to the office.

Choi Shin-yeol is the president of Hynix Semiconductor. He was appointed in critical condition two months ago to replace the former president who had to be hospitalized due to a cerebral thrombosis. He became the captain of Hynix Semiconductor, a ship that seemed about to capsize. Choi Shin-yeol

He is the old man of the company. He has been the old man of the company since Hynix Semiconductor was still called Modern Electronics Company. All the way to now, he has become the actual helmsman of Hynix Semiconductor. Hynix Semiconductor

Several of the company's major shareholders are financial institutions, and the chip industry is an extremely unfamiliar industry to them. Although the Zheng family still holds a certain amount of shares, none of the other shareholders will agree to let Zheng

A descendant of the family serves as the president, so most of the time, the president is more like a mascot.

To be able to become the actual helmsman of Hynix Semiconductor, if it were 2006 or 2007, Choi Shin-yeol would have jumped up with joy, but now, he only has a deep and hard-to-dissolve doubt about the future.

Confused! Last year, the company suffered a loss of 1.9 trillion won, and the debt was close to 10 trillion won. With no choice but to survive, the company could only cut the company's operating costs as much as possible, and thus introduced a series of

policy.

For example, in the company, everyone from the president down to ordinary employees only keeps one ballpoint pen, and the rest are handed over to the logistics department. After calculations, the logistics department stipulates that employees in different departments can use their pens every month.

Go to the logistics department to pick up one to three ballpoint pens. In the past, there were basically no restrictions on the ballpoint pens that were used as work tools. For another example, the standard of side dishes in the company's internal canteen has also dropped significantly.

The five-course meal has become a three-course meal with soup, kimchi and side dishes, and napkins are no longer provided in the cafeteria. Even the elevators are operated in separate compartments, office lights are half turned off, air conditioning is disabled in the summer, and electric heating is disabled in the winter.

devices and other measures.

In the second half of 2009, the company could only allow some employees to take unpaid leave, with the highest proportion reaching 70%. However, many of these employees came quietly during their vacations.

Go to work at the company.

If the economic crisis continues to worsen, or the company's board of directors cannot find new capital investment, Hynix Semiconductor will still be unable to escape the fate of bankruptcy and liquidation.

Cui Xinlie also knew that the Fang family had always been interested in acquiring Hynix Semiconductor Company, but the Korean government had suppressed the matter due to various considerations...

The car suddenly swayed, and Cui Xinlie, who was interrupted from his thoughts, raised his head dissatisfiedly, only to see a nanny car going towards them, which seemed to be unable to brake because the road was slippery, and crashed into it! r