Hyundai Group is one of the largest chaebols in South Korea, and was even the largest chaebol in South Korea at one time, surpassing Samsung. But later, due to family strife, many industries were split up, even giving up the throne of South Korea's largest conglomerate.
Although he is no longer number one, he is still number two and should not be underestimated.
It is extremely difficult to acquire shares of the Hyundai chaebol Hyundai Motor. Although Yang Dongxu is considered a figure now, he has not yet reached the point where he can acquire shares of a chaebol, even a chaebol in a small country like South Korea.
However, Hyundai Motor has been separated from the Hyundai Chaebol Group, and due to the internal strife in the Zheng family, it has not completely subsided yet. There are still opportunities here.
"Add more money, show off the shares we hold in several core businesses of Hyundai Group, and tell him that we have the ability to help him open up the European and American markets and help Hyundai Motor survive the difficulties." Yang Dongxu said.
Hyundai Motor was brilliant in the past and will be brilliant in the future. It has always maintained its position among the top five automobiles in the world and has not fallen out of the first echelon. It is one of the best-run automobile companies in the world.
But the Hyundai Motor Company in front of us has suffered heavy losses. In 2003, the power struggle of the Zheng family of Hyundai Group came to an end. Zheng Sangyong, the younger brother of Zheng Juyong, the founder of Hyundai Group, was once excluded from the top management of Hyundai Group.
Fighting back to the Hyundai Group, not only acquired Hyundai Motor, the core industry of the Hyundai Group, but also acquired 31.25% of the shares of Hyundai Elevator Company, another core industry of the Hyundai Group.
If the shares of Zheng's family business and other Hyundai subsidiaries are combined, 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 come to an end for the time being, and everything seems to have returned to calm.
But the internal battle temporarily ended in Zheng Sangyong's victory, but external pressure came quietly. Especially after taking control of Hyundai Group, it blindly expanded and invested overseas, as well as the Korean won that continued to strengthen.
This has caused severe trauma to Hyundai Motor, South Korea's largest automaker, which mainly relies on exports. Its net profit fell by 38% in the first quarter of 2006. This has happened more than two years ago and it still has not recovered.
Coupled with the subprime mortgage crisis sweeping the world this year, it is not just the Elephant Consortium of Li Fuzhen’s sister-in-law Lin Shiling’s family who is having a hard time.
For example, Hyundai Group, which has just suffered a heavy blow to its core industry Hyundai Motor due to poor decision-making, is still having a hard time.
Although Jung Sang-young is the actual controller of KCC, he is now also the largest shareholder of Hyundai Group. Therefore, it is necessary for Yang Dongxu to show off 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 motioned to Zhang Jing to go and do his own work.
The only reason why Yang Dongxu wanted to get involved with the Hyundai Group controlled by the Zheng family before confronting the Morgan consortium was because Yang Dongxu had nothing to do to expand his business territory.
Rather, he is preparing to find a new link with those partners in Europe and the United States, or a new partner that can work well together.
Whether it's Google, Yiting Technology, or other businesses in Europe and the United States, they are all Yang Dongxu's treasures, especially if Google continues to use them as a link of cooperation, it will definitely be a meat bun that beats the dog and never comes back. of.
So after thinking about it, Yang Dongxu turned his attention to Hyundai Group and chose her for that reason. It is because after a period 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 test. After all, no matter whether it is Samsung or those plutocrats in Europe and the United States with green eyes, how can they see this piece of fat and slow down again.
Therefore, it is perfect to use him to tie up American partners, especially since the resources and funds he currently has in his hands are quite advantageous in helping Hyundai Motor recover its strength, so it should be treated as an investment.
Therefore, as long as Zheng Sangyong relents, he can immediately inject funds and resources into the Hyundai consortium, so that Hyundai Motor, which now seems to be in danger, can instantly transform and become energetic again.
At the same time, Yang Dongxu also has advantages in doing this. With such operations, the Hyundai Group, which originally seemed to be just fat, turned into a super feast in an instant.
And he is the controller of this super meal, and he can use it to attract more substantial diners to sit at the table.
As for whether Hyundai Group is willing to serve as a feast made from fat meat, Zheng Sangyong is willing to cooperate in this way. This is out of his control.
Because it is unwilling to do this, Hyundai Group will definitely be divided up by European and American consortiums. There is Samsung, which was forced to become a major shareholder by Wall Street in the United States due to a business mistake.
Is it the benefits that can be obtained by cooperating with Yang Dongxu, or the price of waiting for those hungry wolves to pounce on him and divide him up. Yang Dongxu believed that the person at the helm of the Zheng family could make a clear assessment.
"Although I feel disgusting, the chaebol's operating methods are indeed better than those in South Korea. I have been passively beaten, why don't I want to take the initiative." Yang Dongxu pinched his eyebrows and shook his head.
The situations in South Korea and Japan are actually very similar. They are both forcibly stationed by the rogue United States, and their economies are often cut like leeks by American consortiums.
But what I have to say is that Benben is better than South Korea in this aspect. Although under the general circumstances, my arms cannot hold my thighs, I will be cut like a leek every time.
But Benben has at least maintained most of his core industries, and the control of many consortiums is in his own hands.
Unlike South Korea, the largest shareholder of Samsung, the first conglomerate, is Wall Street.
However, there is a price to pay for controlling your own company. For example, many industries in Europe and the United States were developed in cooperation with American consortiums.
Although on the surface, the Fortune 500 companies that make money are all branded by their own companies, in fact, the profits made by these powerful companies go into the pockets of the American consortium just like paying protection fees.
This is just like the reason why Huawei wants to deploy its own industry in the world in the future, and the United States is shameless and insists on taking shares.
If you ask me to participate in the company and share my money, then I will not target you, otherwise I will ban you.
Benben's consortium followed the path of paying protection fees for equity participation. Although it was painful to be harvested, at least they retained local control of their core and the right to obtain a certain amount of profits from international industries.
Foreign industries like Samsung have to pay dividends to shareholders. Most of Samsung's headquarters shares are owned by Wall Street, and the harvest is even more miserable.
What Yang Dongxu has to do now is to build the Hyundai Consortium into a link for paying protection fees, attract more people to the car, and play a secret game against Chen Cang.
He needs to look forward to Little Jack and others, but looking forward to it does not mean waiting for death. He also needs to prepare multiple trump cards.
