Chapter 416: Dragon Quest
The sky-high acquisition of US$680 million plus the peak showdown between new and old chaebols has made Samsung Group's acquisition of Yazhen Automobile the most popular hot spot in Goryeo. News media have scrambled to report, and the people also talked about it after dinner.
However, in the articles of these media, the old-school chaebol Shunyang Group is destined to be the background board, and many media even adopted the title "The old king is dead, the new king is rising."
The direct consequence is that when Qin Hao came to Zhengxinzhai again, the old man was losing his temper. The old lady Li Biyu said that since she came back yesterday, the family had lost a lot of tableware and tea sets.
"Why don't you go up there, wait until the old man vents his anger." Li Biyu was afraid that his grandson would be punished.
Qin Hao smiled and patted the old lady's hand: "It's okay, I have agreed to have a fair competition with my grandfather. Besides, my grandfather is older and getting angry is not good for him."
Li Biyu could only use a worried look to send Qin Hao to the door of the study, and also specifically reminded: "If you can't persuade me, come out, grandma will protect you."
"Thank you grandma." Qin Hao gave Li Biyu a gentle hug, thanking her for her maintenance.
Chen Yongji sat on the sofa beside him, watching Qin Hao enter, gloating to his sister Chen Huaying, "Hmph, the little brat doesn't know how he ends this time."
Chen Huaying nodded deeply. She knew the old man's temper very well. She lost such a big face and happened to be the culprit who came to him on his own initiative, so she would definitely not give him good fruit.
Chen Dongji remained silent, thinking that this brat could be taught a lesson by the old man, and taught him what the father-son constitution is.
On this side, Qin Hao had just entered the study and saw a teacup and teapot broken all over the floor. The old lady deliberately did not let someone clean up. She probably knew that the old man was not angry and would continue to smash it after changing it, so she simply saved it.
"Hmph, what are you doing? Or are the winners' mercy or show off their success?" Chen Yangzhe glared at Qin Hao angrily.
Qin Hao smiled and said, "Look at you, you have been holding a gun and a stick early in the morning. Didn't we agree to have a fair competition?"
"Hmph, your working capital is twice as good as mine. Is this considered fair competition?"
It seems that Chen Yangzhe is really angry. He even said such childish words, but it is understandable. As an old child, the old man is already seventy years old this year, so it is normal to play with a child's temper.
Perhaps because he realized that his statement was untenable, Chen Yangzhe threw the newspaper on his desk to Qin Hao.
"Look, it's all said that you, the dragon slaying warrior, killed my evil dragon."
Qin Hao picked it up and saw it, and was immediately happy. It was an entertainment newspaper, which also painted a cartoon image of an evil dragon for Chen Yangzhe, while Qin Hao was a majestic dragon slayer riding a white horse holding a long sword.
"You are still laughing. Grandpa's reputation for decades has been ruined by you." Chen Yangzhe was so angry that he saw Qin Hao's face full of glory.
Qin Hao really couldn't help it this time, and laughed out loud, making Chen Yangzhe so angry that he wanted to throw him with a brush. Only then did he stop laughing and force himself to change to a serious face.
"Grandpa, the newspapers outside are not all gloating. You can look at this newspaper with a vision."
As he said that, Qin Hao took out a newspaper from his pocket and handed it to Chen Yangzhe.
Chen Yangzhe hummed a few times, and finally took the newspaper.
"Shunyang Group Samsung Group, looking forward to the future grand business landscape of the Chen family! The situation of the two top chaebols in the competition for hegemony may be broken."
After reading the title, Chen Yangzhe nodded slightly. Although he lost this time, his grandson was also a member of the Chen family. Samsung Group and Shunyang Group themselves broke the relationship between bones and tendons. Only those ignorant people would fantasize about the brave dragon quarreling.
The content of the article made Chen Yangzhe nodded repeatedly. Shunyang Group has a dominant position in traditional industries such as real estate, logistics, and department stores. Samsung Group is focusing on weak projects such as electronic information, shipping, and automobiles, which is equivalent to making up for the shortcomings of Shunyang Group. In the future, the scale of Shunyang Group will inevitably be far beyond the present.
Any Daying Group or SK Group can only rank second.
"Well, this author still has some vision." The expression on Chen Yangzhe's face turned from anger to joy. What he had always wanted to do in his life was to leave the Daying Group behind.
But soon, Chen Yangzhe's eyes narrowed and he directly grouped the newspapers into a group and threw them towards Qin Hao, but was quickly dodged away by Qin Hao.
【In view of this,
Chen Yangzhe glared at his grandson angrily: "You kid came to play with me on purpose today? The newspaper of Xiancheng Daily has been published today, and it is not this article at all."
Seeing that Qin Hao was discovered, he could only spread his hands and said, "Grandpa, if this newspaper is reported, wouldn't it make our competitors more alert? It would be better to be low-key."
That's right, this newspaper is fake at all. Qin Hao asked a reporter from Xiancheng Daily to write it for Chen Yangzhe to read it.
"Hmph, don't give me this trick, grandpa won't be as good as this!" Chen Yangzhe said snorting. He knew the truth, but he was holding it in his heart. If he couldn't breathe, he would feel uncomfortable.
Qin Hao smiled and said, "I knew my grandfather was very wise and would definitely understand my good intentions."
Chen Yangzhe twitched his lips and said angrily: "Okay, don't give me a smile, tell me what I'm here today? If you are seeing if I'm annoyed by you, you can leave now. The old man has been fighting in the mall for so many years, and has never experienced any storms."
"That... Actually, I came today to talk to my grandfather about acquiring Shunyang Automobile." Qin Hao had quietly taken several steps back as he spoke.
Sure enough, Chen Yangzhe's temper, which he finally suppressed, could not suppress it anymore. He threw all the brushes over, but Qin Hao avoided them one by one.
This chapter is not finished yet, please click on the next page to continue reading the exciting content later! The movement inside the house also reached outside the house. The old lady was so anxious that she jumped straight into the rush to save her grandson, but Chen Yongji stepped forward to hold the old lady's hand and persuaded her.
"Mom, this kid Haojun is becoming more and more presumptuous now. It's better to let the old man teach him a lesson."
This time, Chen Dongji rarely reached an agreement with Chen Yongji.
"Yes, mom, it's natural for this grandfather to beat up his grandson. Let the old man vent his anger."
The old lady Li Biyu was so angry that she shook off her two sons' hands and scolded: "You two are so filial to Haojun, why do you dislike him? Especially your second son, Haojun is your biological son, and you don't even have any food to eat? Look at you who is a father!"
"Get out of here and stop me again. I want you to look good. Don't forget that it's not just that grandpa beats grandson, but that it's natural for mother to beat son!"
Although the old lady usually has a kind face and is not angry easily, she will get angry, and her brothers Chen Yongji and Chen Dongji are also frustrated.
Just after the old lady broke free from the two of them, she came to the door of the study room and there was no movement in the previous study room.
The old lady opened the door and found that there was no scene of grandpa beating his grandson. The grandfather and grandson were sitting on the sofa and chatting seemed to be very co-starring?
The three brothers and sisters Chen Yongji were even more confused and said they would give me a lesson? Master, that's wrong. When you beat us three brothers and sisters in the past, that was not the case.
"Why are you all coming in?" Chen Yangzhe was embarrassed to say his wife, so he could only stare at Chen Yongji's three siblings.
The three siblings were so scared that they immediately left the study.
The old lady Li Biyu checked Qin Hao's body and found that there was no damage except for some ink. Then she breathed a sigh of relief, but she couldn't help but complain.
"Old man, you are in a bad mood and don't vent your anger on your grandson. You're so old..."
As it turns out that even the husband can't stand his wife's nagging, Chen Yangzhe said impatiently: "Okay, you go out first. Haojun and I have important things to discuss."
The old lady left reluctantly.
After the study door was closed, Chen Yangzhe was suddenly stunned: "Where did we just talk about it?
"
"When it comes to the mainland market," Qin Hao reminded.
That's right, this is Qin Hao's trump card. At this time, the global automobile industry, the United States and Japan, accounted for 90% of the market share, and North America and Europe were also the largest automobile consumer markets.
This market has been divided by the United States and Japanese automobile companies, while Goryeo Automobile companies can only pick up some leftovers from the United States and Japanese automobile companies, seeking some sales in Southeast Asian countries and struggling to support them.
However, after this Asian financial crisis, the Asian automobile consumer market has basically collapsed, and even the big car will definitely not escape the fate of losses, and this situation will not improve in the next three years.
In this situation, if you want to build the automobile industry, you must first find a consumer market with sufficient capacity. The mainland market is naturally the first choice. Moreover, it is only 1997, and it is not too late to enter the mainland market at this time. If you wait two thousand years later, you will have to face direct attacks with German and Japanese cars. It will be difficult to break through at that time.
After Chen Yangzhe heard his grandson's plan, his anger was almost gone. As a chaebol who has experienced a lot of trouble, he knew very well that if Shunyang Group acquired Yazhen Automobile this time, Shunyang Group would be burdened with a heavy burden in the next three years. Instead of doing so, it would be better to sell Shunyang Automobile and Handao Steel to Samsung Group together, so that Shunyang Group would also have enough funds to acquire other high-quality companies.
"You can sell Shunyang Auto to you, but the name cannot be changed!"
Qin Hao was happy. Maybe this was the old man’s last stubbornness.
"No problem, the name of the new company in the future will be Samsung *Shunyang, is that OK?"
Although Chen Yangzhe was not very satisfied with Samsung being ahead of Shunyang, he was acquired after all, so it would be nice to keep the word Shunyang.
"But, you just acquired Yazhen Automobile and now you are going to acquire Shunyang Automobile and Handao Steel. Is there any problem with the funds?" Chen Yangzhe reminded.
Qin Hao smiled and said, "Don't worry, Grandpa, Xianmin has helped me find several investors on Wall Street in the United States, and they will inject at least one billion US dollars into Samsung Group."
Chen Yangzhe was a little surprised. The one-billion dollar financing was not a small amount. Did his grandson actually make it so silently?
"How much shares will be divided?" Chen Yangzhe was still a little wary of American capital.
Qin Hao smiled: "The capital injection will be carried out after the reorganization of Samsung *Shunyang Automobile. This time, 10% of the shares will be given up. However, this is only the first batch. I will introduce at least two capital injections in the future to ensure that the proportion of US capital is about 25%. At the same time, Samsung Group will be launched in the United States within three years."
"Is there too many 25% shares?" Chen Yangzhe is still a very traditional Korean person in his bones, so he naturally does not want Korean companies to eventually become a tool for American capital to make money.
Qin Hao reminded: "25% is already the lowest critical value. If it is too small, if Samsung's business threatens American companies in the future, who can speak for Samsung?"
Chen Yangzhe could only sigh silently when he heard this. After seeing Japan's fate, you will know that the United States will only reason with you when it can compete with you. When it can't compete, they will start to raise the sanctions stick.
"Anyway, be careful, American capital is a person who eats people and does not spit bones." Chen Yangzhe patted Qin Hao's shoulder and reminded.
Qin Hao nodded, indicating that he understood.
Chen Yangzhe was about to stand up, but Qin Hao grabbed him and told him about the video of President Yazhen Automobile. Chen Yangzhe frowned immediately after hearing this.
"It's better not to involve this matter too much, otherwise it may have an impact on your acquisition of Yazhen Automobile."
Qin Hao said in a serious tone: "This is exactly what I am worried about. I don't know what monsters and monsters are behind the people I contacted with Yazhen Automobile President. I discussed with Xiancheng Daily and decided to put the main spearhead on the executives of Yazhen Automobile."
"Well, if you can consider this, it means you are already a qualified chaebol." Chen Yangzhe said half-jokingly, with a burst of relief in his eyes. None of the four children can do it.
Fortunately, my grandson is better than his grandson.
"Let's go, accompany me to the back garden." Chen Yangzhe slowly stood up.
Perhaps because he had been sitting for too long, the old man's steps shaking. Qin Hao was about to help him, but he was stopped.
"No, I'm not at the point where I need a crutch. You can help me when I retire."
As he said that, he opened the door of the study with his hands behind his back, glared at the three Chen Yongji siblings who were lying at the door trying to eavesdrop, and went downstairs without saying a word.
Chen Yongji and his three brothers looked at each other, and they all looked like: I'm not mistaken, are you?
Why does this old man look a little happy? This is not the case. When they came in the morning, they were scolded for no reason.
At this time, Qin Hao came out, and Chen Yongji and his three brothers and sisters hurriedly grabbed him and asked him what he had said to the old man.
"Well, it's nothing, I told my grandfather that I want to acquire Shunyang Automobile and Handao Steel."
After saying that, Qin Hao left.
Chen Yongji asked his second brother Chen Dongji in uncertainty: "What did this kid just say? Did I hear it wrong?"
"No, you heard it right, I heard it too."
"I'm lying. If he dares to say that, why don't the old man tear him?"
Chapter completed!