Chapter 532: Chairman Kim, with all due respect: Daewoo pills!
After greetings, Lin Cheng and Jin Yuzhong sat down on the sofa in the office across a coffee table. X
Jin Shanxue, who was waiting on the side, poured a cup of hot tea for his father and Lin Cheng each.
Jin Yuzhong raised the teacup, blew lightly, and said with a smile: "Among the drinks, I have always loved the tea ceremony originating from your country, and this cup of tea is accompanied by ginseng, which is unique to my Republic of Korea. ”
"Your country's ginseng is well-known, but the younger generation is blessed, and the drink wins!" Lin Cheng blew away the hot air from the teacup, drank it all, only felt that the throat, intestines and stomach were all warm, and the whole person was very comfortable.
"It's really good tea!" Lin Cheng exclaimed.
"Okay, good, Lin Sheng likes it. Shanxue, you prepare a bag of ginseng tea for Lin Sheng as a gift for the first meeting. Jin Yuzhong said with a hearty smile.
"Hey, Father, I've been ready for a long time, Lin Sheng, please be sure to accept it. Jin Shanxue replied and took out a bag of ginseng tea from his leather bag.
"Then I would be disrespectful. Lin Cheng smiled generously.
After a cup of tea, Jin Yuzhong opened the conversation, looked directly into Lin Cheng's eyes, and asked: "It is rumored that Lin Sheng started in the Asian financial crisis that began in Thailand, and he already has hundreds of billions of Hong Kong dollars at the age of eighteen.
It's just that Lin Sheng laughed that the Daewoo Group under the leadership of the old man suffered heavy losses in the financial crisis, I don't know what Lin Sheng thinks about Daewoo Group getting out of the crisis?"
"The younger generation has not dried up, how dare you point fingers at the Daewoo Group of the seniors, the seniors are embarrassing the younger generations. Lin Cheng said modestly.
"No, no, no, here today, we don't have the difference between seniors and juniors, Lin Sheng, you can speak freely, and the old man listens. Jin Yuzhong said sincerely.
As a reborn person, Lin Cheng naturally understands Daewoo's tragic ending very thoroughly, but Jin Yuzhong is in front of him, he can't say that Daewoo eats jujube pills.
However, Jin Yuzhong was full of energy, and Lin Cheng was interested in acquiring Daewoo Motors, so he said bluntly: "With all due respect, if Daewoo Group continues to survive, Daewoo Group will not survive for two years." ”
As soon as Lin Cheng's words came out, Jin Yuzhong and Jin Shanxue changed color in the same color, and their faces were extremely ugly.
Kim Sun-hak, who couldn't hold his breath, couldn't help but reprimand: "You are talking nonsense! Our Daewoo is the second largest enterprise in South Korea, ranking 16th in the world's top 500 last year and 24th last year.
"Huh. Lin Cheng sneered, laughed without saying a word, picked up the teapot and poured it into the teacup, and poured himself a drink.
"Be good at learning, don't be rude!" Jin Yuzhong scolded his son, then took off his glasses and wiped the mist of the glasses, Lin Cheng saw that Jin Yuzhong's glasses showed a sour red color, obviously the predicament of the Daewoo Group had exhausted him.
Jin Yuzhong's sad and old appearance Jin Shanxue saw it for the first time, and couldn't help but lose his voice and said: "Father, you ......"
Jin Yuzhong waved his hand at Jin Shanxue and said, "Shanxue, you go out first, I want to talk to Lin Sheng alone." ”
"Hmm!" Seeing his father's appearance, Jin Shanxue had already realized that the Daewoo Group had indeed reached the point of exhaustion as Lin Cheng said, so he held back his tears and nodded away.
Jin Yuzhong wiped his eyes clean, put them back on, and said with a wry smile: "Let Lin Sheng make you laugh, but Lin Sheng really thinks that Daewoo Group is really hopeless?"
Lin Cheng said bluntly: "Chairman Kim, the truth is always cruel, although you single-handedly conquered the world of Daewoo, but to paraphrase an ancient Chinese saying, 'success is also Xiao He and defeat is also Xiao He'."
Originally, with the strong foundation of Daewoo Group, it would never have fallen into such a situation, but Chairman Kim's decision to blindly expand the world unfortunately encountered the Asian financial crisis.
One wrong decision can ruin everything, as Chairman Kim said, "Making decisions is important not only in the mall, but also in the whole life, life is a series of choices, and one wrong choice can ruin a lifetime." ’
Today, Daewoo Group is heavily indebted, with liabilities reaching a staggering 80 trillion won, while Daewoo Group's total assets are only 40 trillion won at best, and liabilities are twice as large as assets, which is already an obvious insolvency.
Chairman Kim, with all due respect, I really admire your determination to have tea with me while you are still in such a critical situation for the Daewoo Group. ”
After hearing these words, Jin Yuzhong tried his best to keep calm on his face, but his hands that were trembling violently betrayed his heart.
The last time Lin Cheng saw an old man's trembling hands was back in his previous life in 2011, when Manchester United and Barcelona met in the Champions League final, when Barcelona scored Manchester United's third goal, Manchester United was no longer able to recover, Manchester United's godfather Ferguson's hands were the same as Jin Yuzhong's, his face was calm, and his hands trembling violently showed that the old man had reached the brink of despair.
"There's no chance to save it?" said Jin Yuzhong, trembling.
The debt of 80 trillion won is almost 80 billion yuan when converted into dollars.
Immortals are hard to save!
No wonder in his previous life, in 1999, Jin Yuzhong left everything behind and fled to the Japanese country alone.
A man who was once incredibly successful, he could not face the final fiasco.
According to statistics, in 1999, Daewoo Group's liabilities exceeded 86 trillion won, but Daewoo was less than 25 trillion won even if the last round of paper was counted.
From Shinhan to Daewoo, "adventure and expansion" are both the key to Kim Woo-jung's success and the shackles of his eventual failure.
With the resignation and flight of Kim Woo-jung, the companies under the Daewoo Group were dismembered and bankrupt one after another, and the South Korean commercial aircraft carrier Daewoo sank.
Until 2005, Jin Yuzhong, who was tired of his fugitive life, ended his six-year life as a fugitive and returned to China to surrender.
Kim Woo-jung's financial shady alleged amount is 99 trillion won, which is equivalent to South Korea's 2001 budget. If you line up these banknotes for 10,000 won, you can circle the globe 40 times.
Jin Yuzhong can complain that he is unlucky, Daewoo's vigorous global expansion has hit the Asian financial crisis headlong, but in Lin Cheng's view, Jin Yuzhong's experience can be said to be inevitable, blind self-confidence leads to blind expansion, and most of his expansion direction is in areas with poor economic development trends, Jin Yuzhong can only be said to be self-defeating.
Lin Cheng ruthlessly punctured Jin Yuzhong's last illusion: "Chairman Kim, with all due respect, Daewoo is finished, Daewoo has fallen into a financial crisis too deeply, and the debt is dauntingly high.
You don't expect the South Korean government, compared to the Samsung Group, which is not so deeply involved in the financial crisis, the South Korean government will only save the Samsung Group, and will definitely not save the hopeless Daewoo Group. ”r