Rebirth of the big era of online games

Chapter 312 Capital Without Borders

The current chaebols in South Korea do not have as much voice as later generations.

Originally, in the early and mid-90s, South Korea had realized the dangers of the chaebols and began to introduce various policies to strictly control the expansion of the chaebols. However, the financial turmoil that occurred in the past few years swept across Asia, and South Korea, one of the four tigers, did not can survive.

At that time, in order to fill the remaining foreign exchange reserves of more than 100 billion U.S. dollars and stabilize the country's finances, the people of all South Korea spontaneously donated all the gold items in their homes, but it was still a drop in the bucket.

South Korea had no choice but to turn to the IMF for help in the end, and fully accepted many conditions that Koreans regard as "a loss of power and humiliation to the country", including opening up the financial market, allowing foreign companies to acquire Korean companies, and domestic financial companies above a certain scale should be subject to international supervision
In the end, South Korea successfully survived the crisis with a loan of more than 500 billion US dollars from the IMF, but in order to redeem the lost "economic autonomy" from the IMF, South Korea can only rely on the chaebol to restore the economy and pay off its debts.

This caused South Korea to cast a war on the chaebols from the political circles to the society, and the latter continued to expand further in the following ten years without fear.

Previously, the total assets of the top ten Korean conglomerates accounted for only about 24% of South Korea’s GDP, but by the end of 2001, this proportion had risen to 43.4%, and later in 2012, it even rose to 85%.

Since the financial turmoil, South Korea has focused on the export of Hallyu culture in order to boost the domestic economy. As a result, consortiums have begun to focus on the cake of the entertainment industry. Before that, they actually looked down upon it.

There are two chaebols who want to take over JYP, or the two largest ones, SK Group and CJ Group, one of the top ten chaebols.

At the same time, SM Entertainment and YG Entertainment also have chaebols who want to share this cake.

SK Group, originally engaged in textiles, then expanded to the textile fabric industry, producing polyester fibers, commonly known as "polyester", and this is a chemical product, so the industry expanded to the petrochemical industry.

After completing the industrial layout and original accumulation in this area, SK began to deploy the information and communication industry. Now it is equivalent to the Korean version of telecom + mobile + PetroChina, and it is the industry leader!

So this is equivalent to a small entertainment company in Huaguo. The communication and oil giants jointly came to the door and said that they want to buy the shares of your company. Can you agree, dare not agree?

CJ Group, on the other hand, first started in the sugar and food industry, and then expanded to the biotechnology and logistics industries, and then deployed the real estate and entertainment film and television industries. Currently, it controls more than 40% of South Korea's theater chains and is the largest movie chain in South Korea. The theater chain has a market share of more than 50%!

In terms of analogy, just like the Huaguo Wanda Group in later generations, Wanda in South Korea is not only engaged in real estate, but also in the entertainment industry. How dare JYP not let him enter?
Could it be that those film and television stars under your JYP, such as Jun Ji-hyun, don't want to be in the Korean film and television industry in the future?

If you really have the guts, let me add a word about the background of CJ Group: its chairman is the eldest son of the chairman of Samsung Group!
Do you need to explain the others?
As soon as these two chaebols made a move, JYP could only tremble. The founder Park Zhenrong himself is a singer and producer in the entertainment industry. When he saw these two chaebols, he had to kneel down and call Dad immediately. How dare he refuse?
Besides, there is no benefit in refusing, so why refuse?

Moreover, Ms. Li Qing, the controlling shareholder of the company, this little girl who didn't do much in the past and only occasionally signed artists in, has recently obviously started to dictate all aspects of the company's affairs.

It’s not like pointing fingers, but I like to go to various departments of the company to ask questions after finishing my daily studies and practice. I say I am asking for advice with an open mind, but in fact I am suspected of meddling in the company’s daily management affairs.

Regarding this, Park Zhenrong and other shareholders gradually began to complain.

A little girl who has just turned 18 and is still a native of China, dangling in front of them all day is enough to make people uncomfortable, but now she wants to participate in the management of the company?

Never allow it!

Although JYP is controlled by Chinese people, the actual management rights must be controlled by us Koreans. Now that the boss of this little girl has become dishonest, let the chaebol come in and clean up this girl!
Anyway, they are all being controlled, it is better to let the chaebol control, this is called leaning against a big tree to enjoy the shade!

It's a pity that although Park Zhenrong and these JYP shareholders have good ideas, and they are politically correct from the perspective of South Korea, but after all, the structure is too small, and they don't understand the nature of capital, and many things are completely taken for granted.

Just when they picked up the plane at the airport and waited for Fang Jie, the behind-the-scenes boss, to get off the plane in accordance with basic etiquette, they found that SK Group and CJ Group also sent luxury motorcades to welcome them. I thought some foreign guests came.

Then, after some inquiries, they found out that their behind-the-scenes boss was a formidable 20-year-old who had already established a group company in Huaguo, with assets roughly estimated to have exceeded tens of billions of dollars.

This is not the most important thing. What is really awesome is that his Boiling Group has almost monopolized Huaguo's online channels, e-commerce, logistics, communications, games, CG and other industries, and has close ties with domestic communication giants and the financial industry. Cooperation!
In the future, whether it is SK Group or CJ Group, if they want to hang out in Huaguo in the future, once they offend Boiling Group, it will be difficult for them to move forward.

A big mouth of CJ Group also secretly revealed to them: Their boss, Samsung Group, the chaebol among the chaebols, wants to open the Huaguo market, and also cannot do without the channel support of Boiling Group!
Besides, the relationship between the two countries is very good now. The two sides have a lot of cooperation in the fields of economy, trade and culture. Why should we drive away the capital of Huaguo? This is not conducive to the friendly development of the two countries!
So I'm sorry, we do have the idea of ​​becoming the master of JYP, but it's not like you imagined, with the intention of offending the other party, what everyone is after is harmony and wealth!
Hearing this, Park Zhenrong and other shareholders and executives of JYP were all dumbfounded.

After working for a long time, it turns out that you capitals are colluding, and we are the ones who are finally abandoned?

Furious?
No, you idiots don't understand, you have borders, but our capital has no borders, in order to make more money, what's the point of selling your little JYP?

Oh, I'm sorry, Ms. Li Qing, please don't get me wrong, we are not scolding you.

You and Mr. Fang are our honored guests. We have already booked a hotel for Mr. Fang, prepared a dinner to cleanse Mr. Fang, and invite the two of you to show your face tonight, and let us CJ Group do our best as landlords...

Hearing this, before Li Qing who came to pick up the plane had time to make a statement, the receptionist of the SK Group next to her immediately looked down, saying that the SK Group had also prepared everything, and it was absolutely necessary for Mr. Fang to take over the matter. Impossible to be snatched by others.

So, the reception professions of SK Group and CJ Group started to quarrel so blushingly, while JYP waited for everyone, but became spectators. They are now lambs to be slaughtered, and this matter has nothing to do with them. related.

As for Li Qing, she stood there without saying a word, pretending to be stupid.

In fact, it's not pretending, she is full of Fang Jie now, how can she control this mess and really don't understand the words...

(End of this chapter)