Faced with the grouping of many chaebols across the street, the deputy commander's expression instantly changed and his tone softened.
"Ahem, we are not asking everyone to cut off all non-core businesses. We still need to discuss the definition of this non-core business together."
The chaebols looked much better after hearing this. They suffered heavy losses during the Asian financial turmoil and continued to use funds to survive. If they could just give up those unnecessary businesses and get loans, it would be a good choice.
Qin Hao secretly sneered. There was no truth in the mouths of these political people. The main business of these chaebols present was either heavy industry or cutting-edge technology. If these businesses are to develop, they will definitely require a lot of foreign exchange.
If Goryeo officials still had sufficient foreign exchange on hand, how could they have allowed the Korean won to fall like this?
I am afraid that the so-called loans are all provided by American capital. American capital is not a philanthropist. Their so-called loans will eventually turn into shareholdings. When these Korean chaebols happily use the loans to make large investments, American capital will expose them.
The real face of the situation is either converting loans into shares or directly withdrawing loans. How do the chaebols choose? In order to prevent themselves from going bankrupt, they can only bite the bullet and agree.
In this transaction, American capital naturally made huge profits, the Korean chaebol also found themselves an American father, and the Korean government stabilized the national economy. It seemed to be a win-win-win plan.
The only ones who suffered were the Korean people who were kept in the dark. In the blink of an eye, the major shareholders behind the companies that relied on them for survival all became American capital.
Of course, Qin Hao does not care about the sufferings of the Goryeo people, and as a vested interest, he is not interested in fighting these bureaucrats and American capital for the so-called justice of the Goryeo people. As long as it does not harm his own interests,
It’s none of his business who these Korean chaebols want to be their father.
What follows is a more intense negotiation. If things really involve their own interests, everyone will become hateful.
The chaebols and the bureaucracy naturally have opposing stances on what market share is considered to be non-main business. The bureaucracy would rather these chaebols each only operate two or three main business projects, while the chaebols want to gain greater influence.
Naturally, we should strive for strength and future possibilities based on reason.
The most leisurely person is Qin Hao. Samsung Group currently has two main businesses in Korea, electronic shipping. At the same time, he is not short of money and does not need so-called government loans. If Chen Yangzhe had not been giving
He winked, saying he didn't bother to participate in this negotiation at all.
In the end, after a fierce push and pull, the two parties decided that a market share of more than 10% or an annual sales of less than 100 billion won would be the red line for non-main business. All industries below the red line would be cut off. The deadline is
The end of this year.
This result made Chen Yangzhe very dissatisfied, because Shunyang Auto's market share was less than 5%. In other words, if it could not increase its market share to 10% by the end of the year, Shunyang Auto would be forced to sell.
In Zhengxinzhai, Qin Hao was grabbed by the old lady as soon as he entered the door, and asked curiously: "What happened to your grandpa? He lost his temper as soon as he came back."
Qin Hao smiled and comforted: "It's nothing, it's just some business matters. Don't worry, I'll just go and advise you."
However, when Qin Hao came to the study room on the second floor and knocked on the door, Chen Yangzhe angrily smashed the teacup on the floor.
This time the old lady didn't do it anymore. She protected Qin Hao behind her like a chicken, and complained: "You old man got angry outside, why are you taking your temper on Haojun?"
Chen Yangzhe glared and said angrily: "Humph, this brat could obviously help me fight for something more, but he didn't say a word and was sincerely looking at my joke!"
When the old lady heard this, she looked at her grandson in confusion. Qin Hao did not want to take the blame.
"Grandpa, you think too highly of me. With Samsung Group's current size, how can it compete with Daying Group and SK Group? And don't forget, we still have a competitive relationship."
This sentence immediately choked the old man, right? The two sides are competitors in the automotive field. If Shunyang Automobile is directly axed, Sun Tzu will win without a fight.
Although the old lady didn't understand why the grandfather and grandson had become competitive again, she saw that her husband's mood had stabilized, so she called the servants to clean up the broken tea cups on the floor.
"If this old man gets mad again, come out quickly. Grandma will protect you." The old lady warned before leaving.
Qin Hao was secretly moved. No matter what the old lady did in the original drama, her love for him was genuine. Qin Hao secretly decided that no matter what happened in the future, he must give the old lady a stable old age.
.
"Well, thank you grandma."
After the old lady left, Qin Hao closed the door of the study room. Chen Yangzhe's anger subsided. He sat down again, his face solemn, and he said to Qin Hao with emotion after a long time.
"Shunyang Automobile has been losing money these years. Your uncle, father, and aunt all persuaded me to give up Shunyang Automobile. That old guy Zhu Rongyi from Daying Group often used this to laugh at me, but you know why I always insisted on making cars.
?”
Qin Hao did not answer the call, but quietly listened.
"Before my grandfather made his fortune, he was a truck driver and supported the family by delivering goods to people. Later, when the war broke out, my grandfather braved artillery fire to transport sugar to the US military, and gradually formed a transportation team.
This is how the Shunyang Group came to be.”
"At that time, the trucks used for transportation were all dilapidated and scrapped. Many of them could not even start. So my grandfather led a group of old employees to remove the parts from the scrapped vehicles, repaired them bit by bit, and put them on the road.
."
"From then on, grandpa vowed to have his own car factory in the future and build the best cars."
Speaking of those difficult years, Chen Yangzhe was also filled with tears.
Qin Hao waited for Chen Yangzhe to calm down and poured him a cup of tea.
"Oh, I'm old after all. Why do I suddenly tell you these nonsense, brat? I'm not saying this to ask you to give in to grandpa. We still compete fairly."
Qin Hao was very happy, this old man was still so arrogant at this age.
"Then don't be angry if I win."
"You're kidding, grandpa is the kind of person who can't afford to lose."
"Then it's settled."
“It’s a deal!”
After Qin Hao left, Chen Yangzhe sat on the chair and suddenly came up with an idea. If his grandson really won this time, could he consider retiring and enjoying his old age?
"If you want to win against me, you're still too young, brat, I won't give you this chance!"
Soon after, Chen Yangzhe convened a high-level meeting of Shunyang Group.
Regarding the negotiations between the chaebol and the government, the executives of Shunyang Group had also heard about it. However, when they heard the details from Chen Yangzhe, it still caused a commotion, especially among those branches with relatively low market shares.
No matter, when I heard that it might be sold, I broke out in a cold sweat.
"Ahem." Chen Yangzhe glanced at everyone dissatisfied, and the conference room gradually became quiet.
"Why did you go so early? You don't want to make progress, and now you have a knife on your neck and you are scared?"
The executives present were so reprimanded that they dared not say a word.
Chen Yangzhe sneered and said: "There are only two ways before you now. There are less than ten months before the end of the year. If you improve your performance, you will not be cut off. Otherwise, you will wait to be merged."
, as for whether you can still live a good life after the merger, it depends on your luck!"
The expressions of the executives below have different expressions. Those who are engaged in the main business naturally don't need to worry, while those in the non-main business, whose market share hovers around 10%, are full of panic, and those whose market share is less than 5%,
All of them looked ashen and had given up treatment, including the executives of Shunyang Automobile.
"The executives of Shunyang Motors are staying and the meeting is over."
After the meeting ended, none of Chen Yongji's three brothers and sisters left, and Chen Yangzhe did not let them out, which was regarded as acquiescing to their existence.
Chen Yangzhe asked in a serious tone: "What is the current market share of Shunyang Automobile?"
The executives of Shunyang Automobile were all ashamed. The president said bravely: "About 6%."
"So, you are already planning to give up treatment, right?" Chen Yangzhe said coldly.
The president quickly said: "President, please give us another chance."
"Oh? Then tell me, how can we achieve the goal of 10% market share before the end of the year." Chen Yangzhe asked.
"This..." The president and the other two vice-presidents looked at each other and said cautiously: "Reduce... the price."
As soon as these words came out, Chen Yongji immediately shouted angrily: "Our vehicle profits are already very low, how about a price reduction? How much reduction is needed to increase Shunyang Auto's market share by more than 5% in a few months?"
Chen Dongji also ridiculed: "You are really shrewd in your calculations to maintain your position with the group's money. You can't think of lowering prices. I can pick two beggars from the street and they can think of something better than you."
There’s a better way!”
The three presidents were full of fear and could only bow to the end and bury their heads to pretend to be ostriches. This was the only solution they could think of.
Chen Yangzhe was also full of disappointment, but he was disappointed and he had no intention of giving up Shunyang Automobile.
"Don't mention price reduction anymore. If you want to quickly increase market share in a short period of time, there is actually another way to go."
The three presidents of Shunyang Automobile raised their heads immediately after hearing this.
Chen Yongji, brother and sister, also looked at the old man.
"A lot of automobile companies have suffered losses during this Asian financial crisis. Why don't we directly make acquisitions?" Chen Yangzhe finally expressed his thoughts.
However, this idea shocked the three brothers and sisters of Chen Yongji. They originally thought that the old man wanted to develop Shunyang Motors steadily and compete with the Samsung Group. Anyway, the Samsung Group had no experience in building cars. In this regard, Shunyang Motors
On the contrary, the foreign group is at an advantage.
But it's different when it comes to acquiring automobile companies. Korea is not like Japan. The automobile industry is booming. Toyota, Honda, Nissan, and Mitsubishi are everywhere. There are only a few truly competitive car companies in Korea. The main business of Daying Group is
The business is cars, so it is naturally impossible to sell them to them. Even if it is sold, they will not be able to come up with so much cash to buy it.
The only one left is Yazhen Auto, but Yazhen Auto is one of the top three car companies in Korea and is competitive in all of Asia. To acquire it, it would take a lot of money.
"Dad, do you want to..."
Chen Yangzhe nodded solemnly: "Yes, as long as we acquire Yazhen Automobile, our Shunyang Automobile will not only be able to escape the fate of being sold, but also become the second largest car company in Korea!"
"But, Dad, this is too risky. Just acquiring Yazhen Automobile will consume all our working capital, not counting all subsequent expenses." Chen Dongji exclaimed.
Chen Huaying also repeatedly echoed that the biggest advantage of Shunyang Group at present is cash flow. Once the liquidity is exhausted, Shunyang Group will fall into an economic crisis like other Korean companies. This is too risky.
However, Chen Yangzhe opposed all opinions: "I have decided on this matter. Yazhen Automobile can no longer survive. Come up with a feasible acquisition plan as soon as possible. Remember, it must be kept confidential!"
After leaving the conference room, Chen Dongji couldn't help complaining: "Why did dad make such a risky decision? Doing so may bring down the entire Shunyang Group. Brother, why didn't you persuade dad just now?"
Chen Yongji sneered at himself: "When did you see that others could persuade dad to decide something? Besides, dad's doing this is inseparable from your family's Haojun. If you want to stop dad,
It’s better to go home and persuade your Haojun to admit defeat!”
Chen Dongji was speechless. Now he has discovered that his son has big ideas and will not listen to him at all. What is most depressing to him is that he originally agreed to pay dividends for five years, but he finally suffered.
Five years later, his son said that due to the Asian financial turmoil, Samsung had lost all its profits in the previous five years, and he could not get a penny of dividends.
"Forget it, let's prepare the acquisition plan."
On the other side, Samsung Group, Chairman's Office.
Wu Shixian handed a piece of information about Yazhen Auto to Qin Hao. The moment Qin Hao stretched out his hand, he retracted the information.
"Are you sure you really want to acquire Yazhen Automobile?"
Qin Hao spread his hands: "Why else would I ask you to collect its information?"
"But this has nothing to do with our main business!" Wu Shixian tried to dissuade him.
Qin Hao grabbed the information and said slowly while flipping through it: "Don't forget that we have a complete metal supporting industry chain in Eastern Europe. Affected by the Asian financial crisis, the shipping business will be weak for a long time in the future. Our shipping business will be weak for a long time.
We can’t stop production, right? And in comparison, the automobile manufacturing industry has a larger market capacity than the shipbuilding manufacturing industry.”
Wu Shixian said helplessly: "Okay, you can always convince me."
Qin Hao smiled lightly: "But before that, we have to acquire another company."
