Reboot the heyday

The method in which major chaebols control Hanjiang Holdings, and then control multiple companies through Hanjiang Holdings, is now a more mainstream method.

Many domestic group companies basically follow this strategy, using a matryoshka method to reduce their shareholdings without affecting their power. It just changes hands more or less times in the middle.

You don't even need to hold 51% of the shares, as long as the combined shares of you and your allies exceed 51%.

The Li family's actual assets are only tens of billions, but they used this method to control Samsung Group, which has a market value of hundreds of billions. Samsung Group has nearly a hundred subsidiaries, which are directly controlled by one hand.

With only 16% of Samsung's shares, you can control the entire Samsung, no matter how good you are.

This method looks very good, but it is not perfect, and that is the problem of inheritance. The inheritance of business is very simple, but the inheritance of equity is troublesome.

South Korea has almost the highest inheritance tax in the world, with the highest rate even reaching 60%. In other words, if it is given to the eldest son in normal mode, the damage to wealth will be slight. The biggest problem is that it is likely to damage the Li family's equity control over Samsung.

The current equity control of Samsung Group can be said to have been calculated to a very shrewd level. The overall structure is linked link by link, using the least amount of money to control the largest company. This is a compromise that must be made after the company develops rapidly, otherwise it will delay the expansion of the company during the rising period. But it’s actually a bit extreme.

This is the case now. If such a large inheritance tax is paid, it is likely to shake the Li family's control over Samsung.

At this time, Wang Taika saw Li Zaiye, and Li Zaiye said calmly to Li Fuzhen: "Sister, I want to talk to Mr. Wang alone."

"Okay." Li Fuzhen had no choice but to leave.

Li Zaiye took a good look at Wang Taika at this time, suddenly smiled and said, "I feel like I have always underestimated you."

Wang Taika said: "Needless to say those useless things, I also know that we just have the same goal, but the paths we take are different."

"Yes. But now I believe what Bao Liuxiang said. The gang of three should trust each other, and I really should trust you. Fortunately, this trust comes just in time." Li Zaiye took a long breath and said, "I think, The opportunity has come."

"What do you mean?" Wang Taika asked.

"Samsung Group will definitely be handed over to my eldest brother. Because he is the only legitimate son and I am a concubine. But this does not mean that I have no chance." Li Zaiye suddenly said gloomily: "My eldest sister actually has a very simple idea. She just wants to I want to have more say, that’s what I told her. But in fact, what I want is the entire Samsung!”

Wang Taika was surprised. Can these be said so directly?

"I have always kept these words in my heart. Although I acted ambitious, I never had any thoughts about Samsung. But in fact, I have not forgotten my mission of coming back. I am here for revenge!" Lee Jae Yeol stared at Then I listened: "Maybe you guessed it, maybe you didn't guess it. But now, I think I can confess to you. This time, I completely believe you, no longer just an empty gang of three like before."

Wang Taika asked: "What do you want to do?"

"Listen to me slowly. Before I tell you what I think, I want to tell you the current situation of Samsung." Lee Jae Yeol began to tell.

"Although Samsung has more than 80 subsidiaries, there are only four most important ones, namely Woolen Textile Company, Products Company, Life Insurance Company, and Samsung Electronics. As you know, Samsung Electronics is the most important, accounting for half of the entire Samsung Group. . The Woolen Textile Company and the Materials Company were early Samsung companies. Now they basically have no industry, including the Life Company. They are only companies used to control Samsung Electronics." Wang Taika asked: "How did the old chairman hold it? ?”

Lee Jae-yeol said: "In addition to direct holdings, there are also indirect holdings through three companies. In addition, these three companies still control each other. The second largest shareholder of Samsung Electronics is Life Insurance Company, and the two largest shareholders of Life Insurance Company are Chairman Lao and Mao Zedong. Weaving company, the largest shareholder of the woolen weaving company is now my eldest brother."

Wang Taika was confused.

Did you see that the explanation just given about Hanjiang Holdings is actually a simplified version? In practical terms, that's a mess. Various mutual holdings maintain a perfectly balanced status quo.

"Speak simply." Wang Taika really doesn't understand much about these business matters. This is his shortcoming.

"To put it simply, the most important companies are the wool textile company and the product company. If you master these two companies, you will master Samsung Electronics, which is equivalent to mastering Samsung." Lee Jae-yeol explained: "Currently, my eldest brother We have achieved complete control over the woolen textile company, and our current target is the property company."

"Do you want to attack this company?" Wang Taika asked.

Li Zaiye smiled: "Wang Taika, you really don't know anything about business. If it's really that simple, then why did I have to endure it for so long? I can't compete with my elder brother with just my cornerstone industry."

Wang Taika grinned: "Then keep talking."

Li Zaiyeol said: "My eldest brother has actually taken action a long time ago. In order to combat the impact of inheritance tax, he has only one solution, and that is to let the Woolen Textile Company completely control the property company. But the Woolen Textile Company does not have that much money To acquire shares, there is only one way, which is to devalue the property company and then acquire it at a low price.”

"It's your company anyway, isn't it easy?" Wang Taika asked.

"Stop talking now, you are really stupid." Li Zaiye said helplessly: "Although the company is controlled, if the company's value is underestimated, it will be opposed by some shareholders. Some of these shareholders are foreign capital, which is difficult to deal with. . So my eldest brother’s current approach is to unite with another shareholding group and reach an agreement to completely devalue the property company and then acquire it.”

Wang Taika nodded: "Continue."

"The joint-stock group to be united is called the National Annual Workers Fund." Lee Zaiyeol paused and said: "Just from the name, you can tell that there is an official behind this. So if you want to completely influence the National Annual Workers Fund, the only way is to...female leader! "

Park?

Wang Taika was really surprised this time, and it reached this level in an instant. He held back his surprise and asked: "She has come this far, she shouldn't be interested in money, right?"

"Yes, the commander-in-chief cannot be bought with money, but that does not mean that the people around her cannot."

Li Zaiyeol looked at Wang Taika and sneered: "Her best friend has joined a branch of the sect. And I, Li Zaiyeol, am the guardian! Watch! Lord of the sect!"

Damn it! This guy is just a pure lunatic! This is true lunacy! (End of chapter)