Chapter 775: Ass Decides Head (Part I)
Since South Korea's economy took off, European and American scholars have begun to study its economic model, and finally came to a conclusion - the chaebol model.
Pu Hanze, this guy deserves to be a top student at Harvard, and his 'prediction' ability is definitely not as good as Sun Ziming's, but how to use capital is not a little stronger than him. When Sun Tzu told him that the Korean film and television industry could only be suppressed and could not be stifled, he began to use his brains in this financial crisis to figure out how to turn Hanjiang Satellite TV into Hanjiang Group, and finally become the overlord of the Korean film and television industry.
South Korea is a chaebol society, and a very small number of chaebols control most of the social resources, and now that the financial crisis is coming, there will inevitably be a considerable number of chaebols falling, and even if they do not fall, their vitality will be greatly damaged.
This is an opportunity, the best opportunity to make a fortune! During the financial crisis, no matter which chaebol wants to collect funds and shrink business in order to protect itself, those businesses that have nothing to do with their main business will inevitably be sold at low prices, such as cinemas.
Guangying Group is not short of money, and can generate hundreds of millions of dollars in cash flow every year, not to mention that Sun Ziming and their intervention in the financial crisis will definitely be able to obtain a large amount of cash. As long as the group headquarters is determined, it can take the opportunity to buy those theater chains at a low price. Controlling South Korea's cinema chain is equivalent to choking the neck of Korean movies! As for TV, this is originally Hanjiang TV's strong point, and it is enough to maintain the existing advantages.
Park Han laughed, "Boss, if you are a little tired, please instruct our film company." It's best if you take two years out and replicate our miracle in Hollywood. At that time, we can't even be the hegemon of the Korean film and television industry if we don't want to! β
When Douglas next to him heard this, his face darkened, and he hurriedly said: "General Manager Park, how much is the total box office in South Korea in a year?" When boss makes a movie, the total global box office is equivalent to the sum of you, not counting the subsequent derivative income. β
Park Han would not listen to this set of words, shook his head and said: "No, No, what you said is only short-term benefits, as long as we become the overlord of the Korean film and television industry, the benefits we can get will far exceed one or two blockbuster movies!" Doug, take a long-term view, don't always stare at the moment. Boss, am I right? β
Douglas also-for-tat, "No, you only care about the small interests of the company, and forget about the overall interests of the group." The company is preparing to go public, and now the most important thing is to prove our strength with the box office! β
Both of them are butts who decide their heads, Sun Ziming is too lazy to take care of it, and directly ordered: "Han Ze, let the phone call the branch to screen the script, and I will take the time to go over and take a look." β
Pu Han immediately danced with his eyebrows, and said excitedly: "Yes, sir, or boss wise!" β
"Don't be a sycophant, let's talk about Korean cinema companies. If we want to acquire, how much can we buy, and how much capital do we have to prepare? β
βYes/sirβ
As soon as he heard a few words, Sun Ziming interrupted: "What, South Korea's Seoul/cinema (Seoul Cinema) is the largest theater chain, and there are only 31 theaters?" β
βYesοΌ Boss, Koreans are particularly interesting, their chaebol saw that movie theaters could make money, so they built theaters in their own shopping malls, and then their own shopping malls ran them. β
Sun Ziming was stunned, although he had been to Seoul many times, he only paid attention to their film and television dramas, and did not pay much attention to their cinemas. Douglas was also stunned, more than 800 movie theaters actually belong to hundreds of companies, and dozens of theater chains have been formed separately, which is too strange, right?
"Yes! That's it, they're used to being big and big, and they're not fully focused on their core business."
Park Han explained, and said strangely: "Boss, isn't Dream/Works, which you founded with Mr. Spielberg, invest in CJ Korea?" CJ is a food company, but they are very passionate about the entertainment industry, and they don't know what is going on, and they really like to diversify. By the way, the boss had dinner with their president Son Kyung-sik last time you were in Seoul. β
"Yes, yes, I remember, it was my brother who pulled me there last time", Sun Ziming patted his head and remembered the young president. CJ is a partner with Carrefour Supermarket, and their branch in China is one of the supermarket's food suppliers.
Last time, President Sun climbed through the house with him, and also showed himself the family tree, saying that their ancestors migrated from Wuxi to Korea in the late Ming and early Qing Dynasties. Not only did they want to expand their company in China, but they were also very interested in building cinemas, and they wanted to cooperate with the Hong Kong Light Cinema Line to get some management help.
Seeing that Sun Ziming was interested in CJ, Park Han hurriedly said, "Boss, in April this year, CJ Co., Ltd. separated from the Samsung Group and became an independent listed company. They have six CGV (Star Gathering) theaters in Seoul, and when they spun off from the Samsung group, they also acquired a number of commercial properties, and are preparing to expand their theater count. β
As soon as he heard that it was CGV, Sun Ziming squeaked in his heart, this is a giant cinema chain, and it will open theaters all over China in the future. After staring at the green smoke in his hand for a while, Sun Ziming said, "What is the market value of CJ now?" Can you buy it? β
Pu Han hurriedly went upstairs to find a computer, ran down after a while, and said excitedly: "It has fallen to about 1.731 billion, and they are still preparing to build a high-speed network with the road company!" God, when the financial crisis comes, they are still taking such risks? β
No way, there must be a reason for that!
Sun Ziming reacted immediately, probably his own Xiaoqi was helping them in the back. The supermarket itself has a large amount of cash flow, and the Far Eastern Bank is within its own group, if Sun Zhijing uses the branch in China as collateral, Xiao Qi can help him raise funds.
The real economy is not as good as finance and the like, partners will try to treat each other with sincerity, and Xiaoqi is likely to help others with this. What's more, CJ's food is indeed of better quality than domestic food, and its sales in supermarkets are second only to several Taiwanese and Hong Kong brands such as Hsu Fu Chi.
What Sun Ziming could think of, Park Han looked at his face, and knew what was going on, and said: "Boss, they just broke away from the Samsung Group, if you break their capital chain, it is very likely that they will go bankrupt!" β
After being silent for a while, Sun Ziming still picked up the phone, Xiao Qi and Sun Zhijing are friends, but Xiao Qi's friends are not his friends. What's more: favor is favor, business is business, and the fastest way to grow yourself is not to follow the steps, but always to take / grab!
The third brother, who was guarding the headquarters of the Far Eastern Bank in Shanghai, was discussing with Xiao Qi how to move as much cash as possible from the supermarket when he received a call from Sun Ziming.
After hesitating for a few seconds, the third brother hung up the phone and said quietly: "Xiao Qi, the follow-up loan of CJ (Xijie) Korea Co., Ltd. may have to wait for a while." β
Xiao Qi is in a hurry, he has been learning from Walmart's practices and wants to establish a closer supply chain relationship with manufacturers.
"Third brother, that was negotiated a long time ago, how can you say that it will change?"
The third brother sighed, "Xiao Qi, I'm going to discuss with you now, try to raise funds from you, you said that the bank still has 1.3 billion US dollars for you?" β
"That's not good, if you don't give me money, I'll give it to people from the supermarket's cash flow! Third brother, if I lose my trust in CJ, how will those manufacturers trust our supermarkets in the future? β
The third brother's eyes widened, and he scolded angrily: "No! All funds that can be misappropriated must be ready to be remitted to Hong Kong at any time, and we must be prepared to defend Hong Kong finance, not help your partners! Xiao Qi, I remind you that we do not owe those producers, and we are not obligated to help them! β
Xiao Qi, who has matured, is no longer afraid of the third brother, and shouted: "How can we lose our trust to others? Without credibility, how will I do business in the future? β
The third brother smiled angrily, pointed at Xiao Qi's nose and scolded: "Don't talk about us, it's you!" We have been working according to the procedure, the first installment of the loan of 200 million US dollars has been disbursed to them, who told you to take care of others? β
Xiao Qi stiffened his neck and said, "Then I don't care, if you say it, you will splash the water." If you don't lend money, I'll give it to him from the supermarket! β
The third brother stared at Xiao Qi until his face began to redden, and then said in a deep voice: "Xiao Qi, you have remembered for me that the interests of the nation are higher than one qiΔ!" As long as the Hong Kong government is determined, we are obliged to participate in the war! It's easy to talk to each other no matter how our brothers go, and falling out is nothing more than fighting behind closed doors, if it involves national righteousness, don't blame me and Lao Wu for being ruthless! β
"You", Xiao Qi's face flushed, and he also glared at the third brother. The hat of a national interest is pressed down, and he cannot refute it.
"Fuck, I don't ask you, I'll figure it out myself! Third brother, he is Lao Tzu's friend and your friend! β
Xiao Qi slammed the door and left, the third brother smiled bitterly and signaled the secretary to close the door, the fifth brother was going to cut off his source of funds, how could there be a channel to find funds?
Picking up the phone next to him, the third brother dialed the phone back again, "Old Five, what's going on?" β
Sun Ziming sighed, "Third brother, you look at Xiao Qi and cut off all his sources of funds." South Korea is in a catastrophe this time, and it is an opportunity for us to take advantage of the fire to rob, so how can there be any reason to help them? β
The third brother also had dinner and drank with Son Sik-kyung, and knew that CJ was a food company, and it was impossible for the group to develop there. Moreover, Steve made huge profits in Southeast Asia, and the domestic mobilization of funds was just a political statement, showing the Hong Kong people that blood is thicker than water, so that the group's subsidiaries could be listed there in the future.
After thinking about CJ's business scope for a while, the third brother muttered, "You have taken a fancy to their theater? β
"Hehe, not only the theater, but also the high-speed network that they just started building. I'm going to let them go bankrupt first, and then buy them and spin them up. β
After being silent for a while, the third brother said quietly: "Fifth brother, you have changed." β
Sun Ziming on the other side of the phone was stunned for a moment, and joked: "Third brother, you are a businessman now, and you are no longer the stupid soldier who carried a gun." β
Hey, the third brother sighed and reminded, "Be careful, I always feel that CJ is not as simple as you think, there should be someone behind Sun Zhijing, you better send someone to check." β
Sun Tzu on the other side of the phone was shocked, and after agreeing, he hurriedly arranged for someone to check. South Korea's chaebols have always pursued scale, so how could Samsung let a multi-billion dollar company get out of their control? , it can't be the Li family's property when it was divided, right?
The third brother on the phone also hung up the phone and sighed. Sun Zhijing is not only Xiao Qi's friend, but also has a good relationship with him, if he knows that he is with him like this, I don't know if he can be friends?
Hey, people are favors, business is business.