Top of the big era
Chapter 1384 The basis for cooperation
If given a choice, Zhou Buqi still prefers to cooperate with this kind of traditional chaebol.
Just like Zheng Zhongchun, when you reach this level, what you manage is not business, but relationships, such as the relationship between Hyundai and Ziweixing.
Jin Beomxiu is different. He started from the grassroots and focused on business.
Here is the difference between loyalty and cooperation stability.
By cooperating with Hyundai, the power of this industry is in the hands of the Zheng family. But the Zheng family doesn't understand the Internet, so they have to manage the company through agents.
In other words, there is an agent as a lubricant between Ziweixing and the Zheng family. Each party receives a portion of its needs from the agent.
Modern wants most of the power and a small amount of interests, Ziweixing wants a small amount of power and most of the interests, so each can get what they need.
It would be different if Kim Beom-soo was cultivated into a new chaebol.
Ziweixing will directly face Jin Fanxiu. He is Korean and holds industry power, management, public trust and business guidance... All aspects of the entire company are under his control.
At that time, once there is friction between the two parties, Ziweixing will be unable to do anything to him, and it will be easy to suffer big losses. For example, Yahoo and SoftBank made a lot of money by investing in Alibaba, but they also suffered losses from old horses.
It would be different if Hyundai Group existed.
Even if Jin Beomsoo becomes big and wants to cause trouble, he will be suppressed by Hyundai. As long as there is no conflict between Ziweixing and Hyundai Group, a balanced triangular relationship can be maintained.
The higher the level, the more like foreign investment; the lower the level, the more resistant to foreign investment.
Jin Beomxiu is at a slightly lower level and may have a hostile relationship with Ziweixing. Hyundai Group is different. If they cooperate, the Zheng family will definitely do everything possible to maintain cooperation with Ziweixing.
South Korea's per capita income is at the level of developed countries, but it has not been certified as a developed country by the United Nations. One of the important reasons is that it is not open enough. It is a semi-open market economy.
Just like Hyundai Group.
The Zheng family is already as rich as any other country. Their wealth cannot be spent in a few lifetimes, and the goal they pursue is to spend it when they are destined. If there is some kind of turmoil, all the wealth will be gone.
If it is a company wholly owned by a family, if something goes wrong if it is bullied, the whole family will be blamed, and the consequences will be miserable; if it is a joint-stock company with a very complex shareholder structure, the probability of something going wrong is very small. If something goes wrong with the company, all shareholders will suffer. It does not have such great strength to subdue all shareholders; it would be safer if a large proportion of the share structure was foreign capital. Once they encounter unfair treatment, foreign investors can complain to the United Nations or WTO and use diplomatic channels to exert pressure and shape international public opinion.
The larger the enterprise, the greater the significance of foreign investment.
Even for a small company like S/M Entertainment, in the composition of shareholders, in addition to some chaebol investment institutions in the country, the largest institutional shareholder is Japan's Ai Hui.
The same goes for big chaebols such as Samsung, LG, and SK. They must actively attract foreign investment and give away most of their benefits. The benefits you give away can save your life at critical moments.
For Hyundai Group, whether it is American capital, European capital, Japanese capital, or Chinese capital, these are all foreign capitals and they are all international forces that can be borrowed.
This is much more important than making money, it is related to the continuation of the family.
One way is to make 100 yuan, but there is a risk of having your home confiscated. One way is to make 10 yuan, but you can enjoy the profits safely. The big players who choose the first path are either doomed or on the road to doom. If you choose the second path, the most you will get is scolding from public opinion.
Seeing that Zhou Buqi was young, Zheng Zhongchun wanted to explain the truth to him carefully.
The clearer this truth is explained, the stronger the foundation for cooperation between the two parties will be.
Little did he know that Zhou Buqi had built such a large industry in China and had already seen through the social phenomenon. He said with a smile: "Foreign investment is the dividing line. Whether it is suppression or encouragement, it is the weather vane. You don't need to say that. I am promoting a plan. , Ziweixing wants to split up.”
Zheng Zhongchun was slightly startled, "Split it?"
Zhou Buqi said: "It means splitting domestic business and overseas business."
"Oh..." Zheng Zhongchun was silent for a moment, and then laughed, "Mr. Zhou's age has caused misunderstanding, and I was overly worried. In this case, it's easy to talk about it. If you have any conditions, you can just mention it."
Zhou Buqi said with a smile: "Before raising conditions, I think I can popularize the Internet to Mr. Zheng first."
"Um?"
Zheng Zhongchun was slightly startled.
Although he is not an Internet major, he graduated from a prestigious school and has been in charge of Hyundai Group for several years. His career as a senior executive has lasted for more than ten years. Do you still need to popularize this?
Zhou Buqi said calmly: "Mr. Zheng, the current Internet is only in its early stages, no, only in its infancy. When the Internet develops, it will replace all media such as television, radio, newspapers, magazines, etc., and become the largest media platform.”
Zheng Zhongchun smiled, "I also think there is such a trend, so Hyundai Group attaches great importance to the development of the Internet industry. This is our most important investment direction at the moment."
Zhou Buqi continued to boast, saying: "Ten years from now, the combined influence of all Korean TV stations, newspapers, magazines and other traditional media will be less than one-tenth of the Internet."
"Um?"
Zheng Zhongchun's face suddenly became serious.
The media is the most important link in influencing people's wisdom, especially in a democratically elected system like South Korea, where the guidance of public opinion may influence the results of the election.
If the future Internet really has such an effect, it will be really important to Hyundai Group.
Zhou Buqi said with a smile: "That's why I'm still hesitating between Samsung and Hyundai. I'm sorry, but in business, I speak more straightforwardly."
"Of course, of course."
Zheng Zhongchun takes this matter very seriously, otherwise he would not come forward in person. However, after hearing what the other party said, he paid more and more attention to it.
Then, he focused on the Zheng family.
A few years ago, the Zheng family split.
As a result, Samsung overtook Hyundai and became the largest chaebol in South Korea.
However, a family does not have two surnames.
After the split and the division of interests ended, the relationship that was like mortal enemies began to slowly ease, and the Zheng family resumed contact with each other. No matter what, they are of the same blood and the same family. Still, the relationship is stronger and the strength is stronger when we stick together.
The Zheng family, together, will still be stronger than Samsung.
"By the way, I heard that Mr. Zhou is very interested in football."
"Yes, I bought Manchester United."
"What a coincidence, our whole family has been fans for decades." Zheng Zhongchun was very happy and found a common language.
Zhou Buqi smiled and said: "I know that there are several teams in the Korean K-League that are Hyundai's title sponsors."
Zheng Zhongshun waved his hands and said disapprovingly, "That's nothing. My family's biggest achievement is the 2002 World Cup in Korea and Japan."
"ah?"
"In that World Cup, the South Korean team was the final four, but unfortunately lost to Germany in the semifinals. If Beckenbauer hadn't played tricks before the game and changed the referee in an emergency operation, the South Korean team might even have broken into the semifinals. finals."
Zhou Buqi opened his eyes wide, "Is this being run by your family behind the scenes?"
Zheng Zhongchun laughed, looking very proud and proud, "Yes, he is my sixth uncle. We have a very good relationship."
Zhou Buqi almost spat in his face.
How shameless!
Shameless!
But if you think about it from someone else’s perspective, you can understand it.
Relying on their strong strength, the Zheng family managed a World Cup within FIFA, and finally sent the weak team South Korea to the semi-finals of the World Cup... This is indeed a dazzling achievement.
From the perspective of other countries, this is shameless; from the perspective of South Korea, this is a national hero.
Zhou Buqi raised his eyebrows and became happy, "Your family has a strong influence on FIFA?"
Jung Jong-soon asked: "The World Cup semi-finals are not enough proof?"
Zhou Buqi nodded, "Ziweixing has established a sports digital media company with its headquarters in the UK. It mainly operates some digital football businesses. It may need the promotion of FIFA."
Zheng Zhongchun said happily: "Hyundai is looking forward to further cooperation with Ziweixing."
Zhou Buqi then raised conditions and talked about possible future cooperation between the entertainment industry and the mobile phone industry. If possible, even the automobile industry and the aircraft industry.
Zheng Zhongchun was shocked, "Plane?"
Zhou Buqi smiled and said: "To be precise, it's a drone, a civilian drone."
"oh?"
Zheng Zhongchun obviously doesn’t know much about this field.
Zhou Buqi said: "UAVs currently have several technical problems that cannot be solved, mainly the heat transfer of the engine and shell materials. When the engine rotates, it will release a lot of heat, so materials with high heat conductivity are needed to quickly Cooling. It’s about how long the drone can fly.”
"Oh, easy to say! Simple!"
Zheng Zhongchun understood it as soon as he heard it. His family's main industry before was modern chemistry. After Hyundai Group spun off Hyundai Motor, its main industries were Hyundai Chemical and Hyundai Electronics.
Cooperation must be mutually beneficial and win-win.
Both sides make money.
The domestic bottleneck problems that the public knows are not serious, such as chips, bearings, operating systems, and industrial software. What's more serious is those who don't know, such as biopharmaceuticals, polymer materials and other fields. These are the hardest bones to crack, and they can hardly even start.
Making a mobile phone is more difficult than making a computer, and making a drone is more difficult than making a mobile phone. But to say that drones are hard-core technology is a bit exaggerated. Whether they are mobile phones, computers, cars, or drones, they are actually assembly machines.
Scientific research in the field of chemical materials is too far away from Zhou Buqi, and one person's power is too limited. If the industry does not progress, it will have to look for foreign aid.
Hyundai is an international giant, with three or four Fortune 500 companies under its umbrella. It is very powerful.
Take this opportunity to establish a few more levels of cooperation.
Zhou Buqi was very happy and said with a smile: "Okay, then call them out and talk about the specific details."
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