The Pioneer of the Rebirth Era
Chapter 1787 Bond Target
Hyundai Group is one of the largest chaebols in South Korea, and was even the largest chaebol in South Korea at one time overwhelming Samsung. It's just that later, due to family strife, many industries were split up, so that the throne of Korea's first consortium was given up.
Although they are not number one now, they are still number two and should not be underestimated.
It is extremely difficult to acquire a stake in the Hyundai chaebol Hyundai Motor. Although Yang Dongxu is considered an individual now, he has not drifted to the point where he can buy the shares of a chaebol, even a chaebol in a small country like South Korea.
However, Hyundai Motor has been split from the Hyundai Chaebol Group, and because of the internal strife in the Zheng family, it has not been completely subsided until now, so there are still opportunities.
"Let's increase the stakes, show off the shares of several core businesses of Hyundai Group in our hands, and tell him that we have the ability to help him open up the European and American markets and help Hyundai Motor to tide over the difficulties." Yang Dongxu said.
Hyundai Motor was brilliant in the past, and it will be brilliant in the future. It has always maintained its position in the top five global auto companies, and has not fallen in the first echelon. It is one of the best-run auto companies in the world.
But the Hyundai Motor in front of us suffered heavy losses. In 2003, the family power struggle of the Hyundai Group’s Zheng family came to an end.
Killed back to the Hyundai Group, not only acquired Hyundai Motor, the core industry of the Hyundai Group, but also won a 31.25% stake in Hyundai Elevator Company, another core industry of the Hyundai Group.
If the shares of Zheng's family business and other subsidiaries of Hyundai are put together, the KCC company he controls has actually controlled more than 50% of the shares of Hyundai Elevator Company, the core company of Hyundai Group.
In this way, the Zheng family's property dispute can be said to have temporarily come to an end, and everything seems to have returned to calm.
However, the internal struggle ended temporarily with Zheng Xiangyong's victory, but the external pressure came quietly. Especially the blind overseas expansion and investment after taking control of the Hyundai Group, as well as the ever-strengthening Korean won.
This caused serious trauma to Hyundai Motor, the largest automaker in South Korea, which mainly relies on exports. Its net profit in the first quarter of 2006 fell by 38%.
Coupled with this year's subprime mortgage crisis sweeping the world, it is not only Li Fuzhen's sister-in-law Lin Shiling's natal elephant consortium that is having a hard time.
For example, the Hyundai Group, which has just suffered a heavy blow to the company's core industry, Hyundai Motor, due to a wrong decision-making, is still having a hard time.
Although Chung Sang-young is the actual controller of KCC, he is also the largest shareholder of Hyundai Group. Therefore, it is necessary for Yang Dongxu to share his shares in several core businesses of Hyundai Group.
"Okay!" Zhang Jing nodded to show that she understood.
Seeing that the documents in front of him were almost processed, he pinched his eyebrows and signaled Zhang Jing to go and do her own work.
It's just that before going up against the Morgan consortium, he got involved with the Hyundai Group controlled by the Zheng family, not that Yang Dongxu was free to expand his business territory.
Instead, he is going to find a new bond that can cooperate well with those partners in Europe and the United States, or new partners.
Whether it's Google, Yiting Technology, or other businesses in Europe and America, they are all Yang Dongxu's baby bumps, especially Google, if they continue to use it as a bond of cooperation, it must be meat buns and dogs. of.
So after thinking about it, Yang Dongxu focused his attention on Hyundai Group, so he chose her. It is because after a toss of internal and external troubles, Hyundai Group needs new capital injection and resource support from new powerful figures.
Otherwise, it will be very difficult for them to survive this level. After all, whether it's Samsung, or those chaebols in Europe and America with green eyes, how could they see this piece of fat and regain their strength again.
Therefore, it is perfect to use him to tie up the collaborators in the United States, especially the resources and funds in his hands now, which still have an advantage in helping Hyundai Motor recover, so it is an investment.
So as long as Zheng Xiangyong let go, he can immediately inject funds and resources into the Hyundai consortium, so that Hyundai Motor, which looks precarious now, can be transformed into a new spirit again.
At the same time, it is also beneficial for Yang Dongxu to do so. After such an operation, the Hyundai Group, which seemed to be just fat, instantly became a super feast.
And he is the control of this super meal, and he can use him to attract more important diners to sit on the table.
As for whether Hyundai Group is willing to be this big meal cooked from fat meat, whether Zheng Xiangyong is willing to cooperate in this way. This is beyond his control.
Because they are unwilling to do so, Hyundai Group must be divided up by European and American consortiums. There is an example of Samsung, which was strongly settled by Wall Street in the United States and became a major shareholder because of a business mistake.
Is it the benefits that can be obtained by cooperating with Yang Dongxu, or the price that he needs to fly with waiting for those hungry wolves to pounce on him. Yang Dongxu believes that the helm of the Zheng family can measure clearly.
"Although I feel that books are disgusting, but the chaebol's operating methods are indeed better than those in South Korea. They have been passively beaten, why don't they want to take the initiative." Yang Dongxu, who pinched his brows, couldn't help but shook his head.
The situation in South Korea and Benben is actually very similar. They were both forced to garrison troops by the hooligans of the United States, and the economy was often cut off by the American consortium as leeks.
But what I have to say is that the operation of books in this area is higher than that of South Korea. Although in the general environment, the arms can't hold the thighs, every time they will be cut off as leeks.
But Benben has at least kept most of its core industries, and the control of many consortiums is in its own hands.
Unlike South Korea, the largest shareholder of Samsung, the first consortium, is Wall Street.
However, there is a price to be paid for taking control of one's own company. For example, many industries of the Benben chaebol in Europe and the United States were developed through cooperation with the American consortium.
Although on the surface, those top 500 companies that make money are playing the brand of our company, but in fact, the profits made by these powerful companies need to go into the pockets of the American consortium just like paying protection fees.
This is like the reason why Huawei wants to lay out its own industry in the world in the future, and the United States has no shame and insists on taking a share.
If you let me share my money, then I will not target you, or I will block you.
Benben's consortium is taking the road of paying protection fees for the shares. Although it is hard to be harvested, at least they have retained their core control rights in the local area, as well as the right to obtain certain profits from the international industry.
Foreign industries like Samsung have to pay dividends to shareholders, and most of the shares in Samsung's headquarters are also owned by Wall Street, and the reaping is even more miserable.
What Yang Dongxu has to do now is to build the Hyundai consortium into a bond for the transaction of protection fees, to attract more people to the car, and to play a secret game.
He needs to look forward to Little Jack and the others, but anticipation is not waiting for death. He also needs to prepare multiple hole cards.
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