"Why?" Lin Cheng stared at him, and said domineeringly: "Just because I have a cash flow of more than 10 billion US dollars, is this qualification enough?!"

In fact, Lin Cheng said 25 billion less.

It was now mid-June, and when the exchange rate of the Japanese yen against the US dollar reached 149 to 1 a few days ago, Liang Botao followed the red line drawn by Lin Cheng and operated Lin Cheng's thousands of capital accounts to withdraw all the funds from the foreign exchange market of the Japanese Republic of China.

In the two-month market of the Japanese Kingdom, Lin Cheng raised funds, boldly operated, and entered the market with a principal of 12.5 billion US dollars. When he exited, the account capital was as high as 35 billion US dollars, and he also earned 2 billion Hong Kong dollars for Li Jiacheng and 300 million Hong Kong dollars for Huo Qigang.

After Lin Cheng's account funds were withdrawn, the cash flow of up to $35 billion was enough to make him the person with the most cash in the world, not to mention Daewoo Automobile, even if Lin Cheng bought Daewoo Heavy Industries and Daewoo Shipbuilding together.

It's just that Lin Cheng knows that cash is king in today's era, especially the Asian financial turmoil is still raging wildly, and he can ensure that he has enough funds in his hand at any time, so that he can be like a fish in water in the financial turmoil and swim with ease.

"Ten billion dollars? Is this true?!" Jin Yuzhong was shocked when he heard this, thinking that if all the 10 billion US dollars in cash were invested in the Daewoo Group, would it bring the Daewoo Group back to life?

Jin Yuzhong thought of this, his breathing was a little heavy, but he quickly calmed down again, Daewoo Group's debt is as high as 80 billion US dollars, even if Lin Cheng invests all the funds in, it is still far away to pay off the debt, blame himself for being carried away by successive successes, digging too deep!

Lin Cheng was silent, just took out a bank draft from the briefcase he brought and handed it to Jin Yuzhong to watch.

Jin Yuzhong took a look at it, and he couldn't wait to stuff this bill of exchange into his pocket and never have to return it to Lin Cheng.

It turns out that this is a cash draft issued by HSBC, with a maximum withdrawable amount of 10 billion US dollars, that is, Lin Cheng said that he has 10 billion US dollars in cash, which is true!

After confirming that Lin Cheng really had 10 billion US dollars in cash, Jin Yuzhong's eyes rolled and said: "Daewoo Automobile is a Fortune 500 company in the world, with an annual output of 2 million vehicles, and has a huge market in North America and Eastern Europe, which is very popular with consumers; even in Chinese mainland, we Daewoo also has two parts factories with assets of 6 billion yuan, if Mr. Lin Cheng really wants to acquire, this price, I think 10 billion US dollars is just right." ”

At this time, Lin Cheng was pouring himself a drink of ginseng tea, and when he heard Jin Yuzhong's lion open his mouth to quote the purchase price of 10 billion US dollars, he suddenly made a "poof" sound, and a mouthful of ginseng tea sprayed out.

"I said that Chairman Kim's tone is too big, the opening is 10 billion US dollars, although Daewoo Motors is indeed famous in the world, but I have investigated it clearly, last year Daewoo in order to acquire Ssangyong Motors, has been burdened with extremely high debts, seriously affecting the normal operation of Daewoo Motors.

Chairman Jin Yuzhong, don't talk nonsense, I will completely acquire all the properties of Daewoo Motors, at a fixed price of five billion US dollars, and pay in cash, just do it, don't pull it down!" Lin Cheng said bluntly.

It was not for nothing that Lin Cheng sent Chen Huiyi to South Korea a month in advance, and after Kim Woo-jung escaped debts that year, the South Korean government auctioned off Daewoo Motors, and finally Ford defeated GM's $6.4 billion for $7.2 billion and successfully bid for Daewoo Motors.

But then Ford Motor announced that it would give up because it could not come up with the money, and then Hyundai and Fiat said that they had no interest in Daewoo after Ford announced that they would abandon the merger.

In this case, GM was the only one left who still had merger and acquisition intentions for Daewoo Motors, but GM just kept its mouth shut and did not say a word until Daewoo Motors was unpopular and its value plummeted, and GM slowly launched merger and acquisition negotiations.

In the course of negotiations between GM and the Korean side, a professional team of more than 30 people was dispatched to conduct a detailed investigation of Daewoo's key companies in Korea and abroad.

GM purchased $700 million worth of target assets, while GM said it only offered $400 million in cash, and the rest was settled by issuing bonds and apportioning among creditors.

As a result, Daewoo Automobile, which had been auctioned for $7.2 billion at auction, was acquired by GM for only $400 million.

Of course, GM completed the acquisition of Daewoo in 2002, and the value of Daewoo Motors had already plummeted, and it could not be compared with Daewoo Motors, which is still in full swing today.

In 1998, Daewoo Motors completed the acquisition of Ssangyong Motors, the fourth largest car company in South Korea, and its annual production soared to 2 million units. By 2002, the annual production of Daewoo Motors, which was mired in bankruptcy, was only 600,000 units.

Jin Yuzhong said confidently: "Mr. Lin seems to have done a certain investigation of Daewoo Motors, but I have to say that Lin Sheng's investigation is not comprehensive enough." We have branches all over the world, with more than 50 companies under our umbrella, and Daewoo Motors is also one of the world's top 500 companies, and the brand alone is worth 5 billion US dollars. ”

Lin Cheng said bluntly: "Chairman Kim, there is no need to take out Daewoo Motors' overseas companies, it is precisely because of Chairman Kim's wrong decision-making and the acquisition of too many overseas companies that Daewoo Group is insolvent, has Chairman Kim not learned this lesson?"

As for the brand value, hehe, Daewoo Motors has always been a representative of low-end cars, how much can the brand value be?"

Lin Cheng's straightforward words made Jin Yuzhong's face extremely ugly, and he felt like Lin Cheng pointing at his proud son and scolding him as garbage, which was emotionally unacceptable.

However, Lin Cheng's words are not wrong, it is precisely because Daewoo Group has acquired too many junk companies overseas that it will fall into bankruptcy when the financial turmoil comes.

Those so-called overseas enterprises, instead of creating profits for the Daewoo Group, are like a burden, not only pulling the Daewoo Group into the abyss.

Taking a deep breath, Jin Yuzhong suppressed the urge to beat Lin Cheng violently, and said in a deep voice: "Mr. Lin Cheng, Daewoo Automobile is one of the world's top 500 companies, don't forget that it doesn't worry about taking over at all, Ford, General Motors, Fiat and even Hyundai in China are interested in acquiring Daewoo Motors." ”

"Huh. Lin Cheng sneered and said: "Chairman Jin, although these car companies are interested in acquiring Daewoo Motors, these car companies originally have their own car brands, and their mergers and acquisitions of Daewoo Motors are at most just mergers and acquisitions of some valuable enterprises in Daewoo Motors.

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