Chapter 150 Chen Yangzhe was choked by Daojun!

Daewoo Motors, a subsidiary of the Daying Group, has more than half of the domestic market share and has always been the industry leader.

Three years ago, Ajin Motors, which had always been ranked fourth, launched the small and sturdy Proud, which immediately ascended to the second position.

Yucheng Motors, which was originally ranked second, was overtaken by Yajin Motors with a slight gap, although it had the support of its partner General Motors of M country.

However, Shunyang Automobile, which originally ranked No.3, moved one place back and became the industry leader.

Chen Yangzhe, who has always been strong, has always been worried about this, and he can't bear to be inferior to others.

Now that Yajin Automobile is bankrupt, Chen Yangzhe sees hope.

After winning Yajin, Shunyang Automobile has a chance to become the second in the industry and catch up with Daying Automobile.

After half a year, Chen Daojun returned to Zhengxinzhai again, and Li Biyu warmly hugged his shoulders at the door.

"Daojun is finally here, hurry to the study, your grandfather is waiting for you inside."

"Grandma, I miss you very much. I brought a lot of Dongying dim sum when I came back this time. They are fragrant and delicious. You should try them carefully."

Chen Daojun bowed, then raised his head, his eyes were full of smiles, he seemed really happy.

Sun Zhenlai watched with eager eyes, the president was waiting in the study, his son was the eldest grandson, and he didn't get this kind of treatment when he came back.

She couldn't help coughing: "Okay, mother-in-law, let Daojun go first, and talk about it after you come out of the study if you have anything to do."

Li Biyu let go of Chen Daojun because of this, and brought him to the door of the study with a smile.

Before reaching the door, I heard Chen Yangzhe's voice in the study: "What exactly do you do? I told you to strictly keep the news. Now the news of the communication between Shunyang and Yajin Automobile is known to everyone in Hanguo!"

The object of his anger was clearly Chen Rongji.

Because the latter is already explaining obsequiously: "Father, I checked it, it should be the news that Yajin Automobile is walking, and they must want to sell it for a price!"

"Should, as the vice president of the group, as the helm of Shunyang Properties, you still use the word "should" to perfuse your father even now."

Chen Yangzhe's anger was instantly raised to another level.

He was just about to teach this useless eldest son a lesson, but the door of the study opened, and Chen Daojun walked in: "Grandpa, I'm back!"

Chen Daojun bowed deeply, and took advantage of the gap between salutes to check the situation on the field.

On Chen Yangzhe's left are Chen Rongji and Chen Ronghua.

On the right is Chen Dongji, Chen Runji.

Director Li was still sitting by the window. Seeing Chen Daojun's arrival, he immediately got up and walked to the conference table, pulled out a stool from beside Chen Runji, and wanted to invite Daojun to sit down.

Chen Yangzhe put away his anger, stood up and greeted Chen Daojun with a smile.

"Ouch, the hero who poached the technical talents of Sumitomo Semiconductor has come, Dao Jun, come to Grandpa."

Therefore, Chen Daojun could only walk in front of him quickly: "Grandpa, I haven't seen you for a few months, and you are more energetic!"

Chen Yangzhe laughed happily: "A mere Yajin Automobile will alarm me. I don't even want to retire. I can only cheer up."

After finishing speaking, he did not forget to stare at Chen Rongji.

The latter didn't know that he was still angry, and lowered his head in embarrassment.

When Chen Daojun returned to his seat, Chen Runji gave him a look, signaling him not to talk nonsense.

In the past, Chen Runji was not qualified to participate in this kind of family meeting.

However, he knew that he was just making up the numbers, so he was there for an hour, no matter how Chen Yangzhe asked questions, Chen Runji would not say a word, just being an audience.

Chen Daojun's arrival is just a small episode.

Soon, Chen Yangzhe continued his meeting rhythm.

"Now the Daying Group has sent people to contact Yajin Automobile. If they complete the acquisition, Daewoo Automobile will become the giant in the cold country auto industry in the future. Shunyang Automobile will never have a chance to catch up. The upstream and downstream industrial chains of the industry will have a huge impact, and this situation must not be allowed to happen!"

While Chen Yangzhe was speaking, he swung his hand down from the air, as if to express his determination.

Chen Dongji was secretly happy when he saw the boss was deflated, but he still passed the knife on his mouth.
"Father is right, but we have just acquired Hando Steel, and we have consumed 6000 billion won in funds. The Daeyoung Group has abundant cash flow. If they make a move, we will not be able to match in terms of funds alone!"

Chen Rongji suddenly raised his head and glared at Dongji.

He thought to himself: Good boy, last time I strongly advocated the acquisition of Han Dao Iron and Steel, didn't you advocate it desperately? Now it's all right, but it's my fault.

Who would have thought that Yajin Automobile would fail to live up to its expectations, and the mere lack of cash flow would lead to debt default and bankruptcy?

Chen Ronghua couldn't help but asked with a coquettish smile: "Mr. Li, you are in charge of the finance department. How much of the group does it have now?"

"As far as I know, even if the funds in the account are added up, only 4000 billion can be withdrawn now, and we still owe 1500 billion to the bank."

Chen Ronghua, who had long been envious of Chen Rongji's position as vice president, silently added a knife: "Brother, the bid for the acquisition of Hando Steel was too high last time, with a 30% premium. Otherwise, the funds would not be so tight."

Good guy, this is clearly slapping Chen Rongji in the face.

Chen Daojun remembered what happened in Dongying before, and he hung up with the mentality of watching a movie.

Let's fight, the more fierce the fight, the better!
Chen Rongji's face was swollen to the color of a pig's liver.

The acquisition of Hando Steel was authorized by Chen Yangzhe, and he was required to take it over.

But at that time, when Han Dao Steel heard that Shunyang was coming to buy it, it directly raised the price, and even used the Daying Group as a cover.

Throw money!

Although Han Dao Steel was won, it also paid a high price.

Facing Dongji's dirty tricks, he wanted to get angry but didn't dare, so he could only look at Chen Yangzhe aggrievedly.

"Father, listen to what they are saying. When I bought Han Dao Iron and Steel, I was almost cut off by other companies. Everyone agreed. Now they are accusing me, which is simply unreasonable!"

Chen Yangzhe shook his head and sighed inwardly.

My eldest son's level of ability is really poor, he is already the vice president, and he is still the elder brother, yet he will be pushed into the corner by his younger siblings.

The family affairs are not evenly settled. If he takes charge of the group in the future, Shoucheng probably won't be able to do it!

How can I safely hand over the ship of Shunyang Group to him!

"Okay, one more point. If Dae Woo takes over Ah Jin, what about us? What will become of us?"

"The market share will drop rapidly." Chen Dongji immediately added.

Thinking of this, Chen Yangzhe looked at Chen Daojun: "Daojun, you can go abroad and snatch a subsidiary from Sumitomo, what do you think?"

Forehead?
Chen Daojun just took a sip of tea, suddenly the old man put himself on the fire, and he quickly put down the teacup.

"The competitiveness of a car, anyway, is production. If a car company acquires another car company, shares the same components, and organizes overlapping production lines, it will be difficult to keep up with the pace of competition in terms of cost in a short time. The key is to see Post-acquisition status."

This is true. There are also examples of big brands being acquired abroad. In fact, most of them are still operated separately.

"Actually, Yajin Automobile, its size and scale, is destined to involve a wide range of acquisitions. I don't think this can be decided by our company. The amount of funds is only one aspect. I think political influences should also be considered. .”

"In terms of politics, what do you mean?" Chen Dongji adjusted his glasses, expressing his confusion.

"You're talking about the Blue House. Maybe there will be an intervention in the acquisition?" Chen Ronghua is indeed one of the most politically sensitive members of the group, and she quickly realized it.

The fact that Ajin Motors has gone bankrupt is not new due to a series of bankruptcies of large companies, and for a bankrupt company, it would certainly be desirable for someone to take over quickly and mitigate the impact.

But for the government, the most important thing to consider is balance.

Although the chaebols were cultivated by the government, it was a helpless move in a special period. Seeing that the chaebols were too big to lose, the government was eager to limit the chaebols' disorderly expansion. How could it be possible to create another giant in the automotive field.

"The Blue House issued a bill as early as three years ago, which mentioned the company's monopoly management clause. I think that the person sitting in the Blue House must not want either Sunyang or Daewoo to get the second prize!"

Chen Daojun spoke plausibly, reminding everyone of a new focus.

"You mean, in the future, Yajin Automobile will be sold to Yucheng, who is supported by General Motors of Country M?" Chen Yangzhe frowned.

Even if it wasn't for Daewoo to win Yajin, Yu Cost is slightly stronger than Shunyang Automobile, so Shunyang is still the weakest one.

Chen Daojun shook his head: "On the contrary, I think that no one will sell Yajin under the monopoly terms of the final government!"

Chen Rongji laughed suddenly, and shook his head while laughing:
"How is it possible? Then the company is just left alone. What about the employees? What about the operation?"

At first, he thought that Chen Daojun was able to acquire Sumitomo Semiconductor because he had some strength, but now that he thinks about it, it may just be that Sumitomo picked up a big leak when there was a problem.

A car company of such a large size as Yajin cannot be held back, and the government has no reason to let him just let it go.

"Daojun, the more you say, the more outrageous you are. The so-called monopoly law has been promulgated for three years, and it has never been used. It is just a political achievement of the former President T. The current Blue House is busy with work, and at most he only knows how to ask. That’s all, maybe after the acquisition, he will encourage Shunyang in the news.”

Chen Dongji seized the opportunity and severely refuted his nephew's point of view.

Chen Yangzhe looked at his grandson fixedly, his eyes were very serious, and he didn't have the slight sense of sight of running a train with his mouth full.

"Then since it's not for sale, it can't be delayed, Daojun, what do you think will happen to Yajin?"

The collapse of a large car company will bring a lot of social problems such as unemployment and relief. A mature government will not sit idly by. Thinking of this, Chen Daojun expressed his point of view.

"Grandpa, I prefer to believe that the government wants Yajin to reorganize!"

"what!"

Chen Yangzhe got up suddenly, and Chen Daojun's words hit him directly in the heart like a heavy hammer.

"Nonsense!" Chen Rongji couldn't bear it anymore, and he refuted loudly: "Do you understand the concept of reorganization? Now, besides equipment and employees, Yajin is wealth, and its operating conditions are in a mess. Who would want to invest money in reorganization?"

Chen Dongji also sneered: "Daojun, you may not know that you have been focusing on the media industry for a long time. Car companies are different from media companies. They don't poach a few corners and do a little publicity to run their business. Yajin has gone bankrupt. I don’t know how much the debt funds are, and the funds invested in the restructuring are filling a bottomless pit. At this time, whoever invests is stupid!”

Facing their remarks, Chen Daojun smiled without saying a word.

"Okay, let's stop here today, and I'll think about it later."

What annoys Chen Yangzhe the most is dealing with politicians. Originally, it was just a simple commercial acquisition. Now that Chen Daojun reminded him, he also felt that the possibility of the government intervening was very high.

The current Cheong Wa Dae used to be a strong supporter of the bill, and it is hard to guarantee that he will not seize the opportunity to make political achievements in the bankruptcy of such a large car company.

The thought of antitrust bills gave him a headache.

Chen Yangzhe's words also reminded Chen Daojun.

In fact, this is the best way to bypass the monopoly, but Chen Daojun suddenly had another idea in his mind.

Originally, Yajin Automobile would be successfully acquired by Shunyang, but that was in exchange for the original owner's nonsense employee benefits.

Chen Daojun has nothing to do with these cold country employees, so he doesn't need to deal with this bad debt at all.

Therefore, he has every reason to get Yajin by himself!

That being the case, there is no need to say more.

After everyone left, Chen Yangzhe left Chen Daojun alone.

"Sit casually, don't be so reserved in front of grandpa."

"Yes!"

After Chen Daojun bowed, he pulled out a chair and sat opposite him, because he didn't know what the content of the next conversation was going to be, he was ready to see the tricks.

Don't ask me about Yajin again, Chen Daojun thought to himself.

However, Chen Yangzhe took out a roster and handed it to him: "This is the list of technicians of Sumitomo Semiconductor. I have ordered the residence to be arranged. What are your plans for this company in the future?"

Intend?

Chen Daojun didn't answer immediately, but savored the other party's meaning carefully.

The personnel arrangement means that Chen Yangzhe has already done the logistics work for him. As the helm of the group, it must not be that simple to ask himself such a question.

Thinking of Chen Yangzhe's lifelong wish, Chen Daojun deliberately responded in a humorous tone:

"I think I will have to take a leave of absence when I enroll in the second half of this year, because I will be very busy from the second half of this year to the first half of next year to focus on making Sumitomo Semiconductor the technology core of Sunyang Electronics."

"Going to college is a good thing."

Looking at Chen Daojun's expression that seemed to be busy and distressed, Chen Yangzhe poked him with a smile.

"By the way, how do you know so much? Are you learning from some scholar?"

"No, I just pay more attention to the news."

"Xiancheng Daily?"

"Yes. How do you look at it, is this newspaper company developing better and better now?"

Chen Yangzhe looked at Dao Jun with interest, and opened his mouth.

"Okay? Why did you think so in the first place?"

"First of all, the economy of our cold country has been developing rapidly. Many people have gradually become rich from the lack of food in the past. When they are full, people will want spiritual satisfaction. The development of media diversification is at the right time. "

"Then what if Xiancheng Daily goes bankrupt due to poor management? You were not the major shareholder at first, and Mao Zhicheng wouldn't listen to you?"

"Then buy it, just like my grandfather bought Hando Steel."

A smile slowly bloomed on Chen Yangzhe's face.

"That's a 90-point answer."

"Why not full marks?"

"You have to guess who gets [-] points."

"That can only be me two years later."

Chen Daojun knew very well that Chen Yangzhe had seen a lot of submissive and servile people in front of him. If he wanted to strengthen his image in his heart, he had to have enough self-confidence.

The smile on Chen Yangzhe's face grew even more, and the problem continued.

"Is that so? Yajin Motors went bankrupt, what did you see?"

"I see a crisis is approaching, and we also have to take care of our funds. In the future, if companies like Yajin Automobile go bankrupt in large numbers, everyone will either have no money or are saving. Only we, Shunyang and Daying, have purchasing power... ..."

"This is really a rainy day. In other words, how much did you spend to buy Sumitomo Semiconductor?"

"About 7000 billion won."

"What, what did you say, 7000 billion?"

The shock was so great that Chen Yangzhe's jaw was trembling.

"Are you all right, Grandpa?"

"About 7000 billion, you heard me right."

Chen Daojun spoke as flatly as possible, but to no avail.

"Grandpa, are you alright?"

Chen Yangzhe waved his hand, picked up a glass of water, and started to drink, but almost choked.

 The outline has already written [-] words, the novel returns to the main line of the chaebol, and the update speed will be significantly accelerated recently!
  
 
(End of this chapter)

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