The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 217 The Tangled Daying Group

Hearing Soros' analysis, the assistant let go of his worries.No wonder his own BOSS was able to succeed in sniping one after another. He was so perfect in trying to figure out people's hearts and analyze the pros and cons!

……

Yahoo, Google, and Sun were a little surprised by Goldman Sachs' initiative to invite them. They didn't expect Goldman Sachs, which tends to invest in real companies, to approach them.Goldman Sachs quickly received responses from Google and Sun, but there was no news from Yahoo.

After Yahoo's top executives learned of the news, two different voices quickly appeared inside.David Filo believes that Goldman Sachs Group has a great influence in the beautiful country and even the world, so it should not be offended.Even if the other party has the idea of ​​investing in their Yahoo, they can consider it at their discretion and give up some of the benefits.

However, another founder, Jerry Yang, feels that Yahoo's current shares have almost been allocated. If another major shareholder is rashly introduced, their shares in the company will be further reduced, and it will even affect their management authority over the company.Neither of them could convince each other for a while.

……

Compared with Yahoo's internal disagreements, the attitudes of Google and Sun seem much more "refreshing". How can there be any reason to extrapolate the "rich men" who came to their door?If they can get investment from Goldman Sachs Group, then maybe their company's market value will be like those of their peers, and they will become rich overnight!

In particular, the two founders of Google, Sergey and Larry, two college students who were still studying on campus, were very excited. You must know that their startup Google had nothing except a newly developed search engine.There is not even [-] US dollars in the company account, so poor!
……

As for Sun's situation, although it is much better than Google's, a lot of technological innovation and research and development make the company's financial situation not very optimistic.The company's executives are planning to obtain a new fund through financing to continue to develop products, such as: the new 64-bit server family SunEnterprise 10000, Java2...

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After several months of negotiations, the IMF finally agreed to the country's aid application and also promised to disburse US$550 billion in aid within the next two months.Among them, the IMF provided US$210 billion in standby credit, the World Bank provided US$100 billion, the Asian Development Bank provided US$40 billion, the United States promised to lend US$50 billion, Japan promised to lend US$100 billion, and other Western countries provided US$50 billion.

Cheong Wa Dae also signed an "unequal" aid treaty and even had to amend relevant laws for this purpose.Fortunately, with these funds as working capital, these enterprises in Bangzi Country have the possibility to "survive".After the news came out, the leaders of the companies who were still struggling to support themselves were relieved.

……

Daying Group.

"Dad, according to the news from the Blue House, if you want to receive aid funds, you must agree to allow foreign banks to own 50% of the Bank of Korea, allow foreign banks to open in the country, and compress the economic growth rate in 1998 to 3% (in the past Both are 8%), ensure that the central bank "operates" independently without government interference, the operations of each bank must be transparent, financial institutions with poor operations are closed, and foreign companies are allowed to hold more than 50% of the shares..." Zhu Mengxu asked his father in embarrassment Zhu Yirong was making a report.

"Hmph! If you agree to this condition, what's the difference between selling your whole house?" Zhu Yirong was a little angry. Although he knew that the IMF's assistance requirements would be very high, he didn't expect it to be like this. Even if When we first cooperated with Miracle Group and obtained funds from them, the other party did not put forward such harsh conditions.

"If you don't agree, our current funds may only last for 3 months. After 3 months, if there is no large amount of capital injection, the group may..." The boss Zheng Mengxu said with some embarrassment. The situation is still not optimistic. Most of the products produced by their Daying Group are heavy industry products. Under the double blow of domestic economic sluggishness and poor overseas sales, it is difficult for them to obtain a large amount of products in a short period of time by selling products. The funds revitalize the group.

Hearing what his eldest son said, Zhu Yirong's face was a little confused. Although he was reluctant in every possible way, he was not sad and faced the reality. The current situation was exactly as he said. Their Daying Group could not support it for much longer.

"Dad, I have a proposal! We can accept the assistance from the Blue House, but before that, we should contact the Miracle Group again. Behind the Miracle Group is Goldman Sachs, which has great strength and prestige even in the beautiful country."

The fifth brother, Zhu Meng, looked at the silent crowd, and took the initiative to break the deadlock, "As long as we join hands with Miracle Group and firmly hold 50% of the group's shares, even if foreign institutions increase their holdings of our Daying Group's shares in the future, we can also Firmly control the management rights of the current group!"

Hearing what Lao Wu said, Zhu Yirong quickly saw the benefits of this proposal. They have cooperated with Miracle Group for many years, and they are also very familiar with the temper of that vice president Wu Shixian. There will be many excessive demands.

Seeing the performance of the fifth child, the third child, Zhu Menggen, couldn't help but said, "What if the Miracle Group cooperates with foreign capital? Then our Zhu family will be kicked out of the Daying Group." !
"Yeah, what the third brother said is not unreasonable! Foreign capital is eyeing like a tiger, but it doesn't mean that Miracle Group is also a fuel-efficient lamp! If they join forces, won't we invite wolves into the house?" Zhu Mengyu, the fourth child, also spoke at this moment, and he supported Zhu Menggen's statement.

"Then do you have a better solution? There are only three ways in front of us now. Either sit and wait until the funds are exhausted and the group goes bankrupt. Or accept the foreign aid from the Blue House and accept the fate of being controlled by foreign capital. Become a puppet of foreign capital... Or adopt my proposal, unite with the Miracle Group, and keep the group's management rights!" Zhu Mengxian said with a sneer, and his elder brothers did not deal with him, and it was really a critical moment. Can you come up with a more feasible solution?
Hearing Zhu Mengxian's remarks, the other people in the meeting room fell silent again, and the situation was indeed the same as what Zhu Mengxian said. With these three options now, it is naturally impossible to sit and wait for death. Whether to choose to believe in foreign capital or Miracle Group, is obviously still Miracle Group is more reliable!After all, we have cooperated for so many years, and we still have a little foundation of trust!
(End of this chapter)