Chapter 805 poses a trap
A few years ago, the subprime mortgage crisis broke out in the United States, and soon after, the crisis spread to the whole world. Shedding the world's economy from the water. At that time, General Motors, the largest automobile manufacturing and sales company in the United States, broke out in the biggest crisis since its establishment, and it was insolvent and difficult to maintain. Eventually, GM filed for bankruptcy protection, and the U.S. government took over GM and reorganized GM, which turned the corner for safety.
In the past few years, General Motors' life has not been easy, but it is not sad, and it is still ranked quite high in the world's strong enterprises selected by Fortune magazine in the United States every year, always within the top 40.
When General Motors sent a high-ranking representative to Wuling City to contact the headquarters of Galaxy Industrial, and offered to sell all the assets of GM Daewoo Motors held by General Motors to Galaxy Industrial, Ding Chongxiang, Wang Zewei, and others felt that this matter was a bit strange, and they did not rush to agree to the representative of General Motors, but arranged for the other party to stay at the Wuling Hotel first.
The next day, South Korea's Jinwang Korea Chemical Group also sent a vice president of the group company to the headquarters of Galaxy Industry in Wuling City, and also proposed to sell all the assets of Hyundai Motor controlled by the group to Galaxy Industrial.
When a senior representative of General Motors came over. It was received by Ding Chongxiang in person. The vice president of South Korea's King Kong Koryo Chemical Group was received by Yuan Tiancheng. When we meet with each other, we inevitably ask why the other person is doing this.
When General Motors and South Korea's Jinkan Korea Chemical Group explained the explanation, the reasons given were strikingly similar. It is believed that land-air amphibious vehicles will become a trend in the automotive industry in the foreseeable future, and it is better to take advantage of the fact that land cars are still valuable. Gradually cash out assets and turn to research land and air amphibious vehicles.
Since the establishment of Galaxy Industry, although it has successively acquired some factories and enterprises, the amount of each acquisition is not large, and it has not carried out any cross-border acquisitions, not to mention, it has acquired world-renowned automobile brands.
Do you want to acquire? After the acquisition. What are the prospects? These two problems have immediately become problems that need to be solved in front of the senior management of Galaxy Industry?
Ding Chongxiang, Wang Zewei, Yuan Tiancheng, Shahari? Majjedra and others held several meetings over two days in quick succession to study the issue. Discussions went back and forth, and they came to a consensus. Then entrusted Wang Zewei to go to Yanjing and report to Liu Shiqing. And make an explanation.
Wang Zewei came back from Yanjing for two days, and set foot on the land of Yanjing again. He rushed directly to the Galaxy Industrial High-tech Park and met Liu Shiqing in the second real room. Now Liu Shiqing has long since moved out of the expert building of Yenching University and stays in the high-tech park almost every day.
Wang Zewei reported the incident to Liu Shiqing 1510, he did not rush to say the results of the collective discussion of several of them, but set aside a little time for Liu Shiqing to think about it.
Liu Shiqing frowned slightly, held a fine porcelain teacup, and silently drank two sips of tea, "Uncle Wang." What do you guys think? â
Wang Zewei said carefully: "The situation at home and abroad is different, our country has a relatively large labor force, the labor market has been in a situation of oversupply for a long time, and so many college students in society cannot find a job after graduation, which is the proof." In addition, the workers in our country have relatively few requirements, and as long as they can get by, they will not make trouble. But this is not the case in other countries, where trade unions are more hawkish and workers go on strike.
Auto workers in the United States are among the highest-paid auto workers in the world, which has a lot to do with the fact that the United Auto Workers of America has repeatedly gone on strike to negotiate with management. In contrast, South Korea's unions are more noisy than those in the United States.
More than ten years ago, during the Asian financial crisis, Shanghai Automobile Group spent 500 million US dollars to acquire a controlling stake in South Korea's Ssangyong Motors. Even when the Shanghai Automobile Group did not agree to their demands, it occupied the factory and sealed it off. Obstruct factory starts. It's enough to toss the Shanghai Automobile Group. When the labor union of Ssangyong Automobile was at its most violent, it once blocked the entrance of the Chinese embassy in South Korea and held a sit-in demonstration for several hours.
In addition, frankly speaking, South Korea's hatred of China is still relatively high, and South Korea, from the president of the country to the ordinary people, is extremely vigilant and repulsive against our Chinese government and Chinese enterprises. When Ssangyong workers besieged the Huaxia embassy in South Korea, they shouted the slogan "Huaxia companies steal South Korea's automobile technology" and took advantage of national sentiment to target Huaxia and evade the accusations of the domestic and global media about the reasonableness of their strike. â
Liu Shiqing nodded, South Korea's hatred of China is nothing new. Not to mention South Korea, even in the whole of Asia, there are very few countries that want to be close to China sincerely. In particular, among the countries that are neighboring to China, there are no countries that have died and sincerely hope that China can rise to become a superpower. Japan has a private hope, South Korea and North Korea do not want it, Mongolia does not want it, and Southeast Asia does not want it. The reason why the United States is able to call for wind and rain in Asia has a lot to do with the subtle psychology of Asian countries.
In history, Korea used to be a vassal state of China, and in the late Manchu Qing Dynasty, after being occupied by the Japanese, it got rid of this status of a vassal country, and naturally always maintained a sense of vigilance against Huaxia, which had been overwhelmed by them, and would rather follow behind the Americans' butt than live in the shadow of China again. There is an obvious example here: There are many companies invested by the United States and Japan in South Korea that go bankrupt, but the Koreans never make trouble, but as long as the enterprises invested by China in South Korea go bankrupt, the Koreans will not make trouble.
"Uncle Wang, the Americans and Koreans took the initiative to sell their assets to us this time, is there some conspiracy in this? Want us to take a head on this? Liu Shiqing asked.
Wang Zewei said: "This possibility cannot be ruled out, and there will generally be nothing good to be delivered to the door." Neither General Motors nor South Korea's Korea Chemical Group has been in financial trouble lately, and under normal circumstances, there is no pressure on ZĂ i to sell its assets. Let's not talk about South Korea's King Kong Korea Chemical Group, just talk about General Motors, their investment scope is all over the world, even in our China, there is a very large investment, why don't they sell other assets, but sell their assets in South Korea? Moreover, it took a long period of adaptation for U.S.-invested companies in South Korea to gain a firm foothold in South Korea. General Motors has also gone through such a long process, and it is impossible for them not to know what the investment environment in South Korea is like. â
Liu Shiqing had a number in his heart, and he asked, "Then what is your decision or construction?" â
Wang Zewei said: "Before there were corresponding countermeasures, Mr. Ding, Vice President Yuan and I and others collectively discussed and decided that it was not suitable to acquire Korean auto companies. Not only is it not suitable to buy Korean car companies, but if it is possible, we believe that we should not invest a penny in South Korea at all. Bypassing the difficult bone of South Korea, anyway, the Korean market is only an insignificant market for us, and we can sell our products to South Korea through exports, and there is no need to fly to South Korea to set up factories. â
Liu Shiqing pondered for a long time and said: "In fact, South Korean factories are not impossible to acquire, especially enterprises with relatively high mechanization such as automobile factories. In this way, you can make it clear to the representatives of General Motors and South Korea's Jinwang Korea Chemical Group that they want to sell their car assets in South Korea to us. But to accept the two conditions we put forward, the first is that we want 100% control, and there is no room for negotiation in this regard. The second condition is that all the original workers are dismissed, and we will re-recruit them after the acquisition. We don't care about the cost of dismissing these workers, the seller is responsible. â
Wang Zewei said with a smile: "Shiqing, if you put forward these two conditions, they will definitely not agree." â
"If you don't agree, pull it down, I'm not interested in Korean stuff." Liu Shiqing said with a smile, "I estimate that this time the Americans and the South Koreans will unite to put up a trap, which is more likely to make us jump." They can make moves, and we can fight back the way we do, and we can't follow their baton. â
"In case they agree. What shall we do? Wang Zewei asked.
Liu Shiqing smiled, "If they agree, of course the situation will be in our favor." We can recruit workers from China and arrange them to work in South Korea. If conditions allow. I would also like to be able to adopt a fully mechanized operation, using industrial machines to replace all workers. Workers can strike, but industrial workers don't. I see how his Korean trade union is making trouble. â
Wang Zewei did not stay in Yanjing for a long time, and took the train from Yanjing West Station on the same day, returned to Wuling City, and conveyed Liu Shiqing's words to Ding Chongxiang, Yuan Tiancheng and others as they were. Knowing what Liu Shiqing meant, things are much easier. Ding Chongxiang and Yuan Tiancheng immediately made an appointment with representatives of General Motors and South Korea's Jinwang Koryo Chemical Group to explain the two conditions put forward by Liu Shiqing.
When I heard that Galaxy Industrial actually wanted 100% equity, and even asked them to fire all the company's employees before the acquisition. Representatives of General Motors and South Korea's Jinwang Korea Chemical Group immediately shook their heads like rattles and refused to agree to anything.
Galaxy Industrial refused to make any concessions, and the result can be imagined, and the fact that General Motors and South Korea's Jinwang Koryo Chemical Group intended to sell all or part of their automobile assets to Galaxy Industrial was finally settled.
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Thank you for the heart, industrial food, tears under the moon, naughty watermelon, I am a cloud in the sky", thank you