‘A car brand with a history of nearly a century was defeated by a mysterious oriental rich man!’--"The New York Times"
“Just yesterday, Ford, the second largest automobile brand in the United States with a history of 73 years in North America, officially accepted Chu Huan, a wealthy man from Hong Kong, as a director of the company.
Everyone who knows the whole thing understands that this is not just a simple increase in board members.
Chu Huan, a mysterious rich man from Xiangjiang, used his astonishing wealth and miraculous financial skills to defeat the Ford family, a traditional wealthy family in North America, and became Ford Motor's second largest shareholder and director of the company in a way that was almost robbery.
But it is undeniable that after Chu Huan destroyed the stock price of Ford Motor, he also saved the stock price of Ford Motor which was on the verge of collapse!
Yesterday, the North American stock market opened. Affected by Continental's losses, Ford Motor's stock price dropped directly from last Friday's closing price of US$18 per share to US$089 per share, a drop of more than half.
However, as the Asian project of cooperation between Ford Motor and Jiaku Group was launched, Ford Motor's stock price closed at US$143 per share yesterday. Although it was not as good as the previous average, the loss was not serious, which shows that Wall Street attaches great importance to the Asian market."
‘This was an acquisition full of deception from beginning to end, and Chu Huan deceived everyone!’--"Wall Street Journal"
"Yesterday, the Ford Motor stock acquisition that caused a sensation in North America finally came to an end. Chu Huan used the most despicable means to achieve his goal and became a director of Ford Motor.
Ford, which has a history of 73 years, will fall into the trap of the Orientals from now on.
Chu Huan, a wealthy man from Xiangjiang, has four major industries: imitation clothing, real estate, media, and games.
Before acquiring Ford Motor shares, Chu Huan announced that he would acquire Ford Motor Company completely. At this time, it seems that this is the first lie Chu Huan has told everyone. His purpose from the beginning to the end is actually to
Borrowing the power of capital to retaliate against Hyundai Motor, an emerging car company from South Korea.
In fact, judging from the results, Chu Huan is very likely to succeed.
When acquiring Ford Motor shares, Chu Huan joined forces with shareholders who were dissatisfied with the Ford family's control of Ford Motor and gained their support on the grounds of overthrowing the Ford family's control of Ford Motor.
But this Chu Huan was obviously a capricious villain. After gaining the support of these shareholders, he turned around and contacted the Ford family, and used those shareholders as bargaining chips to rob the Ford family of Ford Motor shares.
Ford II, who was once such a proud man, seemed a little overwhelmed when faced with Chu Huan's erratic behavior. In the end, he had no choice but to accept Chu Huan as a director of Ford Motor Company.
Through the fact that Chu Huan became a shareholder of Ford Motor Company, we have reason to suspect that what Chu Huan mentioned about jointly establishing the Asian Business Unit with Ford Motor Company is probably just a plan."
‘An acquisition unprecedented in North American history!’--The Washington Post
‘At this moment, we are witnessing history!’--"Los Angeles Times"
On Tuesday, the four major newspapers in North America all published news about Chu Huan acquiring Ford Motor shares and becoming a director.
However, the focus of each newspaper is different, but one thing is certain, that is, the Wall Street Journal is still blackmailing Chu Huan.
Chu Huan, who has returned to New York, is currently in the villa, reading today's major newspapers in North America with Cao Yunshang.
In fact, not only Chu Huan, Cao Yunshang, Guo Bingxiang and others also came to Chu Huan's villa early this morning.
"Ah Huan, you must have dug up Warren Philip's ancestral grave, right? Why is the Wall Street Journal trying so hard to smear you?"
Guo Bingxiang shook the "Wall Street Journal" in his hand and preached angrily.
Chu Huan smiled nonchalantly and said, "Have you ever seen how those gangsters in Xiangjiang behave after being beaten?"
Guo Bingxiang and others looked at each other and shook their heads. How could they have time to go back and pay attention to these things?
Chu Huan said with a smile, "After those little gangsters were beaten, they didn't dare to say anything in front of the other person, but after those people left the scene, those little gangsters would spit on the ground and say angrily
The previous sentence, wait until I get up later!
This is what the Wall Street Journal is like now. It's just like the gangsters on the streets of Xiangjiang. When they are beaten, they always use their own platform to bark. If you take them seriously, you will give them face.
!”
Zheng Jiachun gave a thumbs up to Chu Huan and said, "Warren Philip should really listen to this!"
Chu Huan laughed and said, "How about one of you find an opportunity to tell them my evaluation of them?"
After everyone laughed, Guo Bingxiang asked Chu Huan again, "Ah Huan, this acquisition of Ford Motor Company cost you a full US$1.3 billion. Although you also became a director of Ford Motor Company, this money was stuck in this way."
Isn’t there something about Ford that outweighs the gains and losses?”
Is it really worth the loss?
On the surface, Chu Huan exchanged US$1.3 billion in cash for Ford Motor stock, which is only US$1.1 billion based on the current valuation of Ford Motor. From a book perspective, Chu Huan lost US$200 million.
Moreover, it will also destroy your own cash flow. This transaction is not worth it.
But actually!
"You also think that Xiangjiang is not suitable for being a car brand, right?"
Chu Huan did not directly answer Guo Bingxiang's question, but asked them another question.
When Chu Huan was negotiating with Ford II, Ford II once told William Ford that Xiangjiang was not a suitable place to set up his own car brand.
Now that Chu Huan was asking these people about old things again, everyone immediately fell silent.
Finally, Michael Kadoorie was the first to say, "It's not suitable. Xiangjiang is too small to support a car brand, and it's not suitable in terms of labor. I don't know if you have noticed that since 1976, the labor force in Xiangjiang has changed."
It started to double and increase. I think this is why Ah Huan you started to move your factories to Southeast Asia and other countries, right?"
In Chu Huan's view, the growth of a car brand is actually inseparable from the local environment.
According to statistics, the current population of Xiangjiang is 44.78 million, which means there are about 1 million families, but among them, only half of the families can afford a car. This also excludes those of Chu Huan's level and level.
The following wealthy families, because these wealthy families only have the world's top luxury cars in their eyes, and they are definitely not a new car brand.
In addition, Chu Huan also has the same idea as Ford II and others. Nowadays, the entire Asian car market is actually divided into two parts. Southeast Asia, Japan, South Korea and other places are mostly based on Japanese cars.
And the emerging South Korean cars are mainly used, while in other places, European and American cars and their local cars are mainly used.
No matter how you look at it, if Chu Huan wants to establish a car brand in Xiangjiang, he is seeking death.
If a car brand cannot gain access to its own local market, its chances of survival will be really low.
Chu Huan nodded and said, "Xiangjiang is really not a suitable place to set up our own car brand, but maybe in a few years there will be a place suitable for us to set up our own car brand. Now I will arrange my own people there first."
Ford Motor, learn their management techniques and production techniques. When this place appears in the future, I only need to arrange funds and equipment, and I can get started directly.
And at that time, because of my cooperation with Ford Motor Company, I already had my own sales channels, which would save me a lot of trouble.
The most important thing is that this is a long-term project, and during this period, I believe that Ford's stock price will continue to grow, even exceeding the growth of bank interest and some ordinary investment benefits, and what I need
In fact, the only thing you have to pay is that your financial situation is tight during this period. No matter how you look at it, it is a good deal.
Everyone, please don’t forget that the reason why Ford is able to suppress Hyundai Motor in all aspects is not only because Ford Motor is Hyundai Motor’s major shareholder, but also because Ford Motor has mastered production technology and technology that Hyundai Motor does not have.
Management technology.
As long as we establish our own car brand, these problems will no longer exist."
After hearing Chu Huan's explanation, everyone understood that Chu Huan had already set his sights on 5 or even 10 years from now.
Zheng Jiachun said, "Your idea is good, but one thing is very important, and that is the place you said is suitable for establishing a car brand. If there is no such place, then everything you are doing now will be meaningless."
Got it!"
The rest of the people nodded and agreed with Zheng Jiachun's opinion.
"Yes, but if it doesn't work out, then I will honestly be the second shareholder of Ford Motor Company. If the Ford family is really unable to support it in the future, then I can replace it!"
Chu Huan did not tell them about going to his hometown to make cars at this time. It was not that Chu Huan was on guard against everyone, but Chu Huan's idea was really a shocking thing for them at this time.
In fact, the automobile industry in my hometown is not that easy to enter. Although it has only been a few years since the reform and opening up in my hometown, it has experienced repetitions and development.
Let’s take the automobile industry in my hometown as an example. Currently, it is still dominated by self-produced brands. As for foreign brands, they will not be introduced until the mid-1980s. At that time, what the country needs is capital and technology.
What Chu Huan is preparing for now is actually these two things. Chu Huan is not short of funds. What Chu Huan is short of now is technology and brand influence, which Chu Huan will definitely not be able to do.
Therefore, in the early stages of the domestic automobile industry, Chu Huan needs to invest more energy. In addition, he also needs to cooperate with his hometown.
This matter is too far away. Chu Huan still needs to move forward a little bit, so there is no rush.
As for the investment of 1.3 billion US dollars due to this unexpected incident, Chu Huan really doesn't care. In more than ten days, various companies under Chu Huan's name will once again provide Chu Huan with nearly 500 million US dollars in liquidity, plus
The remaining US$100 million from the previous acquisition is enough for Chu Huan's next trip to Europe.
You must know that Chu Huan's acquisition of Ford Motor's shares this time did not use the development funds of these companies in North America, such as the acquisition of banks by North American Jiaku.
This matter is still being carried out in an orderly manner, and it is expected to be completed in another two to three months.
"The automobile industry is still too far away, but what I really want to know now is" Zhao Shizeng looked at Chu Huan curiously and asked, "Has Zheng Zhouyong from Hyundai Group called you?"
When Zhao Shizeng asked this question, the other people also showed gossipy looks, wanting to know the outcome of this matter.
Chu Huan smiled easily and said, "Why don't we all discuss when to return to Xiangjiang?"
‘Never admit defeat, South Korean companies do not need to apologize to Chu Huan in Hong Kong!’--"North Korea Daily"
Last night, the main staff of the "North Korea Ilbo" headquarters stayed up all night. When it was about 10 o'clock in the evening, they received a call from Kim Se-cho in North America. Without any nonsense, Kim Se-cho told the shareholders of Ford Motor Co., which had just ended
The conference told the remaining staff at the North Korea Ilbo headquarters exactly as it was, and at the same time, the manuscript I had written was sent back to the company by fax at around 1:00 in the morning.
This is the headline on the front page of the North Korea Ilbo this morning.
"The Republic of South Korea is an invincible nation, and the companies of the Republic of Korea are invincible companies. Even if Chu Huan became a shareholder of Ford Motor through despicable means, our Hyundai Group of the Republic of Korea should not surrender to Chu Huan.
Because the Republic of Korea is invincible, Hyundai Motor is also invincible. The reason why Hyundai Motor chose Ford's technology was because Hyundai valued Ford's technology. But if Ford chooses to surrender to Chu Huan, then Hyundai will
Cars should give up Ford cars.
Let Ford understand how serious the consequences of losing Hyundai will be for them."
This report by "North Korea Ilbo" does not look like a normal business report, but more like a war statement issued by "North Korea Ilbo".
Zheng Zhouyong, who had not slept all night, looked at the "Bukhan Ilbo" in his hand, his hand muscles exploded, and he threw it to the ground.
Standing next to him is Zheng Mengjiu.
Zheng Mengjiu understood why his father was angry. At 3 o'clock in the morning South Korea time, Zheng Zhouyong chose to bow to Chu Huan under the pressure of the Ford family.
We have to bow our heads. Without the support of Ford Motor, Hyundai Motor will lose technology and funds. These are not acceptable to Zheng Zhouyong.
Therefore, after weighing the pros and cons, Zheng Zhouyong picked up the phone in humiliation and wanted to apologize to Chu Huan.
I can't do it without apologizing!
As a result, after Chu Huan answered Zheng Zhouyong's call, he said that he wanted Zheng Zhouyong to go to Xiangjiang to apologize in person, otherwise there would be nothing to discuss between the two parties.
This is not a slap in the face over the phone, but a slap in the face, or delivered in person.
Such a result is naturally unacceptable to Zheng Zhouyong.
So in the first phone call with Chu Huan, both parties ended up breaking up on bad terms!
People in the arena involuntarily!
This is not only true for people in the martial arts world, but also for people in the business world!
Zheng Zhouyong understood that if he really went to Xiangjiang to apologize to Chu Huan in person as Chu Huan said, then this matter would be widely reported by the media in Xiangjiang.
And this matter will definitely be reported by the South Korean media.
If this is the case, the image of Hyundai Group in the hearts of the South Korean citizens who are extremely inferior but sensitive are really ruined!
Therefore, Zheng Zhouyong cannot accept such a result.
"Contact the major banks in South Korea, and also contact Samsung, Lotte, K and other consortiums!"
Zheng Zhouyong, who was sitting on the sofa, was silent for a while, and then suddenly ordered Zheng Mengjiu.
Zheng Mengjiu understood that his father was looking for foreign aid. At this time, the most important thing for Hyundai Group was to obtain sufficient funds to survive this difficulty. As long as he had enough funds in his hands, Ford Motor Company would allocate funds.
Things are not enough to have much impact on modern cars.
"yes!"
Later, Zheng Mengjiu prepared to leave Zheng Zhouyong's study to carry out his order.
But before Zheng Mengjiu left, Zheng Menggen hurried in.
With Zheng Menggen in such a state, Zheng Zhouyong, who was already angry, was naturally dissatisfied. He picked up the teacup beside him and threw it directly, hitting Zheng Menggen impartially.
The scalding hot tea in the cup made Zheng Menggen scream.
"Shut up!"
Zheng Zhouyong scolded him with disgust, "How long has it been? You are still irritable. None of you can make me worry!"
Zheng Menggen endured the pain in his body and didn't even dare to splash the tea on his body. He just lowered his hands and whispered to Zheng Zhouyong.
"Father, something happened!"
Zheng Zhouyong snorted coldly and said, "Isn't it possible that the sky will fall?"
At this time, for Zheng Zhouyong, there is nothing more important than Chu Huan becoming the director of Ford Motor Company through robbery.
Zheng Menggen took out a newspaper from the butt pocket of his jeans and said, "This is today's "Central Daily News". It contains information about David Maxwell, general manager of North American AK, on a North American talk show.
Talk!”
Zheng Zhouyong, who had been sitting there, suddenly stood up on the sofa after listening. Just as Zheng Menggen was in a panic just now, Zheng Zhouyong is in such a panic now.
He took three steps at a time and came to Zheng Menggen's side, and directly snatched the "Central Daily News" from the opponent's hand.
Regarding the content of David Maxwell's exclusive interview on TV, Zheng Zhouyong has already watched the video tape, so he naturally knows the importance of this content. However, he clearly promised not to let this report be published in South Korea. Why now?
Without any time to think about it, Zheng Zhouyong hurriedly checked the contents of the newspaper.
This look made Zheng Zhouyong understand that the matter was over.
It turned out to be the same as the content in the videotape I saw before. I thought of David Maxwell's description of South Korea's investment environment above.
Zheng Zhouyong's face suddenly turned pale.
Jingle Bell!
The phone in Zheng Zhouyong's study rang.
Seeing his father's expression, Zheng Mengjiu took the initiative to walk to the desk and picked up the phone on the table.
The call was from Samsung Group's Lee Byung-cheol. After knowing that the person who answered the phone was Zheng Mong-koo, Lee Byung-cheol spoke calmly.
"Ah Jiu, apologize to me and your father. The content in the "Joongang Daily" was published by the people below without telling me. I have already severely punished them."
South Korea's "Central Daily News" was founded by Samsung Group's Lee Byung-chul. However, when Chun Doo-hwan came to power in South Korea, the "Central Daily News" was forcibly dissolved by the South Korean government and merged into KB.
But that will happen in the future. At this time, the "Central Daily News" is still in the hands of the Samsung Group.
"However, you should also remind your father that this interview has caused a huge sensation in North America and has also had a considerable impact on our investment environment in South Korea."
After Li Bingzhe warned Zheng Mengjiu a few words on the phone, he hung up the phone.
Zheng Mengjiu carefully told Zheng Zhouyong what Li Byungzhe said.
After Zheng Zhouyong heard this, he snorted coldly, "What adds insult to injury!"
The matter was not over yet. Just after I finished complaining about Li Bingzhe, the phone in the study room rang again.
Zheng Mengjiu glanced at his father and saw that the other party had no intention of answering the phone, so he could only walk over and answer the phone again.
As a result, after hanging up the phone this time, Zheng Mongjiu looked a little nervous and said to Zheng Juyong, "Father, this is the call from the President's Office, and the other party asked you to go to the Blue House!"
At this time, South Korea's chaebol power had not yet reached its peak. Park Chung-hee, who came to power through a coup, still had more control over South Korea than future South Korean presidents.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Therefore, now that the Blue House is calling, Zheng Juyong must also pay attention.
But no matter how much he paid attention to it, he knew that the Blue House letting him go this time must be for the sake of the report in his hands.
"Chu Huan!"
Tearing the "Joongang Daily" in his hand to pieces, Zheng Zhouyong gritted his teeth and spit out Chu Huan's name.
All this could only be done by Chu Huan.
"Father, what about contacting banks and how many major consortiums there are?"
Zheng Mengjiu asked carefully.
Now, Cheong Wa Dae has called. They don't know what Cheong Wa Dae thinks about the current situation of Hyundai Group, so Zheng Mongjiu can only ask Zheng Juyong.
In South Korea, the bank loan system is different from other places.
In other places, bank loans are made after evaluating the lender's operating conditions, but in South Korea, bank loans are issued to consortiums based on government instructions or hints.
Therefore, if the Park Chung-hee government begins to be disappointed with Hyundai Group, there will be no way for Hyundai Group to lend money from South Korean banks.
In South Korea, the chaebols were promoted by the Blue House. They originally wanted to use them as fat sheep in captivity, but they did not expect that the chaebols grew too fast and controlled the South Korean economy. This made the history of South Korea in the next few decades a mess.
There is a history of every president trying to take back the power of the plutocrats, but being stabbed and attacked by the plutocrats every time.
But no matter how you put it, the Park Chung-hee government has made great efforts to cultivate chaebols, so Park Chung-hee has great power in front of the chaebols.
If Park Chung-hee wants to clean up Hyundai Group, it will be relatively easy.
"Everyone is pushing against me. No need to contact me!" Zheng Zhouyong seemed to have aged more than ten years all of a sudden, and all the energy in his body had disappeared.
North America is the father of South Korea, and Wall Street is the father of South Korea’s chaebols. Now, with the emergence of this report, these South Korea’s chaebols are no longer helping themselves. If they don’t stab them in the back, they have a conscience.
Hearing Zheng Zhouyong's words, Zheng Mengjiu's expression changed, because the meaning contained in this sentence was that his father was going to admit his mistake to Chu Huan!
"Let me know that I am going to Europe for a vacation during this period. In addition, I strictly order all media in South Korea not to leak my whereabouts. Otherwise, they will be enemies of our Hyundai Group, and our Hyundai Group will fight to the death!"
"Haha, going to Europe for vacation? That's a good reason!"
In the most luxurious manor in Gangnam District, Lee Byung-cheol, the helmsman of Samsung Consortium, and Lee Kun-hee, the future successor, are sitting together and discussing matters about Hyundai Group.
As the largest chaebol in South Korea later, the Samsung Group started as a small chamber of commerce. It first engaged in trade and sold dried fish, vegetables, and fruits to China.
However, as Syngman Rhee came on stage, Lee Byung-cheol relied on the relationship between his father and Rhee Syngman as good buddies to start reselling supplies and US dollars and embezzling colonial assets, causing Samsung's assets to increase by 20 times in investment within a year.
This is the foundation for the future development of the Samsung Consortium.
If Lee Byung-chul established Samsung and laid a good foundation for Samsung, then Lee Kun-hee is the hero who led Samsung out of South Korea and became the largest conglomerate in South Korea.
Because in 1974, Lee Kun-hee bought a South Korean semiconductor company, aiming at the emerging memory technology at that time.
However, the semiconductor war is bound to be a brutal war, and Samsung has not seen this yet.
"Father, do you mean that Zheng Zhouyong is just using this news to paralyze the people of South Korea and went to Xiangjiang to apologize to Chu Huan?"
Li Jianxi thought of this possibility.
Li Bingzhe raised his forehead slightly and said, "Besides this possibility, there is nothing else."
Li Jianxi thought of the profile about Chu Huan in the book "Fortune" he had seen before, and couldn't help but said, "I didn't expect that Chu Huan would actually do it this time."
Li Bingzhe also said with some sighs, "If it were just a battle between Chu Huan and Hyundai Group, Chu Huan would not be able to win. It's just that Chu Huan wisely chose to take advantage of the situation. He borrowed the momentum of North American Ford Motor and also borrowed
The momentum of Wall Street.”
Li Jianxi asked, "What about us? Should we do what Zheng Juyong said?"
Li Byung-cheol simply pondered for a moment and then said, "Inform the people at the JoongAng Ilbo that starting from today, no more news about Hyundai Group's Jung Joo-young is allowed to be reported!"
After finishing speaking, Li Bingzhe explained to Li Jianxi, "The lips are dead and the teeth are cold, and Zheng Zhouyong's energy is still there. If he really makes him anxious, it will not do us any good!"
Li Jianxi nodded and said, "I understand!"
"In the future, when you are outside, pay more attention to this Chu Huan. He has put in so much effort, I think he may make bigger moves in South Korea!"
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