novelones Chapter 245 Big move, three alliances
Chapter 245 Big move, three alliances
Looking at his angry son, Li Jianxi sighed deeply.
“Zairong, I know you can’t understand it, but the situation is stronger than the person.
The Wang family is so powerful that even if we don't give it to him, he will get it himself. "
These words coming out of Li Jianxi's mouth made Li Zairong extremely puzzled.
The Wang family is powerful, but this is Han Country, their home base. What can make the three-star Li family make such a big compromise?
"Father, I am very disappointed in you!"
Lee Jae-young, who had admired his father since he was a child, felt his inner world collapse.
Regardless of his identity, he pushed aside the bodyguard and rushed out the door.
Looking at Li Zairong's leaving figure, Li Jianxi sighed:
"Zairong, you don't understand me now, but sooner or later you will understand."
Li Jianxi no longer cared about his explosive son, personally supervised the industrial handover, and opened his core technology patents to Peninsula Technology.
On the other hand, Daewoo Group is also transferring all shares of Daewoo Motors to Bailong Consortium.
Everything was done in private, and Daewoo Motors employees didn't even know that their boss had changed owners.
Until, Daewoo Group and Samsung Group issued corporate announcements at the same time.
This kind of thing cannot be hidden, and it will become a scandal if it is exposed that the company is being sold at a low price.
So the two chaebols took the initiative to announce the deal to the public.
The tone of the two announcements was surprisingly consistent.
In order to make Daewoo/Samsung's development more diversified and cooperate more closely with Wang Group/Bailong Consortium, the two groups decided to sell part of their industry to them to obtain more development funds.
Of course, the transaction figures and transferred shares are kept confidential. Daewoo also announced part of its external development strategy. A series of astonishing figures dispelled the doubts of the public in the cold country.
However, many people still remain skeptical, because Daewoo Motors is Hanguo's business card to the outside world. Now that the business card has changed hands, they are still a little uncomfortable.
Fortunately, President Kim has done his best and made an extremely positive evaluation of the White Dragon Consortium.
With the government's endorsement, the White Dragon Consortium has planted a big flag in Han Country.
This big move made other big tycoons shudder.
Originally, several large chaebols competed with each other, restricted each other, and won each other's defeats.
Everyone is immersed in borrowing money to expand crazily while Sakura Island is under sanctions.
Now Daewoo and Samsung took advantage of their unpreparedness and introduced the evil wolf Wang.
They still vividly remember the scene of the Lotte family being uprooted.
Judging from the announcements from the two companies, it is undoubtedly an exchange of interests among the three companies and a stronger alliance has been reached.
They are not afraid of being fake, Hyundai, LG, SK, Ssangyong Group, Hanjin Group...
The top ten chaebols have found suitable allies and formed new alliances through marriage to restrain the menacing Wang Yuxing Alliance.
Daewoo Motors, in particular, suddenly became the target of public criticism and siege.
At this time, Hyundai Motor, Kia Motors, Ssangyong Motors, and Daewoo Motors were collectively known as the four major car companies in South Korea.
The three major groups behind it, together, plan to crush Daewoo in terms of price and output.
In order to compete for the overseas market of Daewoo Motors.
Hyundai Motor, which started with Mitsubishi technology, even launched a 10-year/10-mile ultra-long powertrain warranty plan for North American consumers!
Seeing the various actions of the plutocrats deliberately targeting him, Wang Lei's face was full of coldness.
Originally, he wanted to integrate into this new family with a good identity, but it seemed that everyone did not welcome him very much.
The newly appointed Dragonborn CEO Han Nanxiu asked excitedly:
"Mr. Wang, are you ready to take action?"
Han Nanxiu is a Chinese immigrant. Through his own efforts, he was admitted to Seoul National University and became a senior executive of Daewoo Motors by marrying Kim Woo-jung's sister-in-law.
As soon as Wang Lei took charge of Dayu, he quickly promoted him for no other reason than that he looked pleasing to the eye.
But he obviously didn't guess what Wang Lei was thinking.
As a veteran of Daewoo Motors, he thought that he would give the opponent a little show of strength since they were already attacking him at his doorstep.
Daewoo Motors is Hanguo’s business card to the outside world!
Faced with the expectations of the new dogleg, Wang Lei shook his head:
“Daewoo Motors is already expanding at a fast enough pace, Nam Soo, we need to be more pragmatic.
So I decided to annex Samsung Motors first. The first thing to expand is the R&D group. What you have to do is... cut off all unnecessary production lines! "
"what?"
Han Nanxiu showed an expression of disbelief, because at this time the entire Han Kingdom believed that bigger is better and more is better. Wang Lei's pragmatism had a huge impact on his ideas.
He still couldn't come to his senses for a while.
He can still understand the move to acquire Samsung Motors. Daewoo Group unanimously believes in using small to make a big difference, and the concept of annexation always runs through the souls of Daewoo people.
What he couldn't understand was that Boss Wang asked him to cut unnecessary production lines.
Wang Lei sighed. If it weren't for the xenophobic sentiment within Daewoo Motors, he would really like to parachute one of his own. Han Nanxiu's thoughts have been completely assimilated.
He had to explain in detail:
“Production line expansion and continuous mergers and acquisitions all cost money, but the world market is so big, who will produce so many cars and sell them to?
We must not only pragmatically cut down unnecessary production lines, but also further focus more on research and development, pursue quality and practical experience, and give our users a better experience.
When users are satisfied, our net income will naturally rise linearly. "
Han Nanxiu understands this, giving up quantity to pursue quality. Lee Kun-hee, president of Samsung Electronics, also said something similar.
But doing so will undoubtedly lead to other car companies catching up and losing more market share.
"For external publicity, you should still say how many production lines we have added, how many production lines we are preparing to enter the Indian car market in a big way, and what the estimated production volume will be in 2000. Anyway, let's talk about the big picture."
Han Nanxiu seemed to understand Wang Lei’s bad intentions:
“Actually, we are reducing production and focusing on quality.
At that time, the enemy companies will feel the pressure and choose a more radical expansion model, until one day..."
Wang Lei nodded with satisfaction. Han Nanxiu was indeed a human being, and he immediately understood what he was thinking. This kind of person was what he wanted.
He also doesn't mind giving the new dog leg some pie:
"When they have problems with their capital chain, it will be time for our mergers and acquisitions. At that time, Kia and Ssangyong will become our merger and acquisition targets. By then, our Daewoo, not to mention Bailong-Daewoo, will become the number one in Hanguo. Car companies!”
Han Nanxiu is an ambitious man, otherwise he would not marry Jin Yuzhong's sister-in-law, the president of the number one car company. This title has a fatal attraction for him.
"Mr. Wang, I will implement your will to everyone...
You will become the greatest chaebol in the Han Kingdom. "