In the afternoon of that day, Li Guangyu called Sumitomo Qiying and communicated about this incident. At this time, Li Guangyu did not want to directly confront the Japanese consortium.
It is very unfavorable for him to face the American consortium and the Japanese consortium at the same time. The current strength of the Li Consortium is still somewhat inferior compared to the consortiums of these two countries, let alone facing pressure from multiple consortiums at the same time.
Li Guangyu does not have the capital to be proud of the world now. If he confronts any force head-on and is aloof, it doesn't matter. Reality will teach him to be a good person.
At present, the total assets that the Lee Consortium can use do not exceed 500 billion U.S. dollars. This also includes those of its allies. The top ten American consortiums and the six major Japanese consortiums can control and use assets that are definitely in the trillions.
Yes, there are hundreds of thousands of companies under them. Although many groups only have 30% of the shares, this is enough for these consortiums to control their companies. These are the capital they use.
Chinese families are different. Even if their main companies are listed, they still have to find ways to have absolute controlling rights and control the shares to more than 67% to ensure that they have absolute authority in the company. This has led to the Li Family Group and its allies to use a huge amount of their assets.
Part of it is yours.
In terms of utilization rate, it cannot compare with the American consortium. The American consortium can use less of its own funds to use companies with larger market capitalization for their own use. Their own assets may only be a few hundred billion US dollars, but they can mobilize
Assets can be multiplied several times.
After Li Guangyu dialed the phone, he heard Sumitomo Qiying's voice on the phone. He said: "Mr. Sumitomo, this is Li Guangyu. I hope I won't disturb your work."
Sumitomo Qiying was waiting for Li Guangyu's call early this morning. He knew very well that after they made a move, Li Guangyu would definitely contact them. We are all businessmen, and the strength of both parties is here.
You won't just go ahead and do it without discussing it because of some problems. This is definitely not what a successful businessman should do, nor is it a quality that a leader of power should display.
They know Li Guangyu very well. This young man is definitely not an arrogant and ignorant child. Instead, he is a very cautious person. He always behaves politely, harmless to humans and animals, and is quite cooperative. The situation Li Guangyu is facing now
It won't be unclear.
Now Li Guangyu's side needs time to continue to develop stably, and their Japanese consortium also needs time, hoping to suppress the American consortium. If a fierce battle breaks out between the two sides, neither Li Guangyu nor they are willing to see it.
Sumitomo Qiying said into the phone: "Mr. Li, the only thing I have to do today is to wait for your call. I thought you would call in the morning, but I didn't wait for your call until now. It seems that Li
Sir, you still have a lot of thoughts in your heart."
Li Guangyu waited for Wang Hui to report on the situation in Japan today, and held a Xiangjiang executive meeting to assess the impact of this incident before contacting Sumitomo Qiying.
Li Guangyu said: "Mr. Sumitomo, our cooperation has been very pleasant over the years, and we have also reached a lot of cooperation in dealing with American consortiums. I am quite disappointed with what happened in your country today.
You must know that we all belong to the same Eastern ethnic group and culture. The capital market is still generally controlled by Westerners. This is the time when we should unite closely. I also hope that you will not do something that will make the American consortium laugh.
Come on, after all, the American consortium is our enemy now."
Sumitomo Qiying and others know very well who their biggest enemy is now, but now the Li Group's ambitions are too great. If they ignore the development of the Li Group, they worry that the Li Group will rise before the American group is suppressed.
In Asia, Japan's major conglomerates do not want any force to be on par with them. Whether it is the Lee Consortium, the Korean Consortium or the Southeast Asian Consortium, whoever makes them feel threatened will be suppressed unswervingly.
Previously, they controlled the supply of many Li's Consortium products in the upstream industrial chain. They did not need to worry too much about the development of the Li's Consortium. As long as there was a need, they would use this to threaten the development of the Li's Consortium.
Now the major groups under Li's Group are beginning to lay out the upstream industry chain, hoping to complete a complete industrial closed loop from the source to the final sale to consumers. This is what they don't want to see, and it is also what they don't allow. In this way, they
The influence on the Li Group will be infinitely weakened, which is not conducive to their control over the development of the Li Group.
Sumitomo Qiying said: "We have always hoped to unite closely with you and the major Korean families to let the world know that we, Oriental Capital, can also make a voice in the world and win a fairer market environment for all of us.
We also hope to reach more cooperation with Mr. Li, so that we can support each other and be interdependent, so that our industry can form a big cycle. For example, in terms of semiconductors, there is no need for you to get involved in the raw material industry. Our companies are enough to meet your needs.
need.
In this way, the cooperation between the two parties can be closer, and you can also reduce a lot of burdens and focus more on research and development.
For example, your lithography machine is completely unnecessary. The research and development costs are high and the market is small. Our lithography machine can fully meet your needs, so why do you need to establish such a laborious and loss-making company?"
How could Li Guangyu be willing to let the upstream industrial chain of his industry be controlled by a Japanese consortium? It is impossible for him to compromise on this matter. Only by taking this aspect into his own hands can he rest assured. He does not want his industry to become a Japanese consortium in the future.
of vassalage.
"Mr. Sumitomo, our goals are the same. We all hope that the East will once again occupy the top of the world. The countries in the East will regain it with national strength, and we will do it with capital. In the past few hundred years, generally speaking, Western capital has taken the lead.
, this is what none of us want to see.
We have cooperated with Japanese industries in many industries over the years. The Japanese products within our Hengyu Supermarket Group are second only to Baodao. Especially in electronic products, you are the leader.
I hope you can keep our friendship for a long time. Today's incident is a very dangerous signal. It is not good for me or you. I also hope that Mr. Sumitomo and Mr. Mitsui, Iwasaki, and Yasuda will consider it carefully.
and assessment.”
Sumitomo Qiying has heard what Li Guangyu means. The Li Group's determination to develop the upstream industrial chain will not change just because of their attacks. At the same time, he is warning them that the Li Group does not have the strength to fight back. Once they take action here,
Many of their products may be removed from the shelves of Hengyu Supermarket Group.
You must know that Hengyu Supermarket Group is now the largest retailer in Asia and the third largest retailer in the world, second only to Sears and Kmart in the United States.
And according to the development speed of Hengyu Supermarket Group, it is expected that Hengyu Supermarket Group will surpass Kmart this year and become the retail group second only to Sears.
Moreover, the market of Hengyu Supermarket Group now covers many countries and regions in Asia, America, Australia, and Europe. Once their products are removed from the shelves, the impact on them will be very large.
Sumitomo Qiying said: "Mr. Li, it seems that you are quite confident in the strength of the Li Consortium. I believe you understand what we mean very well. East Asia is too small to accommodate too many powerful consortiums, especially if it is divided.
Consortiums belonging to different countries.
A snake cannot survive without a head. If there are two or even three forces of equal strength, close cooperation will be impossible. This will only increase the risk of struggle between the two parties.
In fact, the previous cooperation was very good, and we have all developed, so Mr. Li, why do you need to break this tacit understanding?"
Li Guangyu did not want his industry to be under the influence of the Japanese consortium. The Japanese consortium wanted to be unfaithful and hoped that his family, Baodao, and South Korea would surrender to them and let them be the leaders of capital in East Asia and even Asia.
Sheep, it’s just a dream.
Originally, Li Guangyu planned to minimize the losses of the Japanese consortium in the future, but now he has no such plan. At that time, he only needs to prevent the American consortium from controlling the Japanese consortium, and prevent the Japanese consortium from suffering heavy losses. They will still have a big dream.
Li Guangyu said: "Mr. Sumitomo, we hope that our cooperation will be equal and mutually beneficial. I also hope that you will consider it carefully. I also hope to receive good news from you. I will not disturb you."