We are all reborn, who wants to be the richest man?

Chapter 160 Full of Harvests
In the next few days, Luo Nianzhong successively inspected SK Group, Pohang Iron and Steel and other enterprises.

Although the official news has not been announced to the public, everyone who should know already knows the specific situation.

There is no doubt that the presidents of all the presidents of Luo Nianzhong, a big boss who is not involved in the management, welcomed him with both hands, and the scene was very warm.

In the past few days, Quan Douhuan solved all the problems of Dongming Timber Company, and used shell companies to take over all the shares of Busan Bank and Dongming Shipping.

After a pleasant dinner, both parties hammered out the final plan.

Two companies, Asia Investment and Daehan Capital, acquired all shares of Dongmyeong Wood and JoongAng Ilbo.

After taking over 38.5% of SK Group's shares from the bank, in terms of a single shareholder, Choi Jong-hyun's family is still the largest shareholder with 21.8% of the shares.

Asia Investment and Dahan Capital acquired 25% and 26% of Posco Steel's shares respectively, surpassing Beautiful Country Capital and becoming its second and third largest shareholders.

And Quan Douhuan promised not to keep the remaining shares and to achieve full privatization.

Choi Jong-hyun found every opportunity to help SK Group acquire 10% of the shares. This 10% share will be a considerable asset after Posco Steel is listed in the future.

Quan Douhuan agreed with dignity. Luo Nianzhong took the controlling stake anyway, and he didn't care at all that SK Group was taking some shares.

Because he simply does not value this small steel plant that currently produces less than 500 million tons of crude steel per year. The reason why Beautiful Country Capital holds 20% of Posco Steel's shares is because Posco Steel cannot afford so much money to buy technology.

Far Eastern Bank acquired 41.7% of Busan Bank's shares from Gwanghwa Corporation, making it a subsidiary.

Luo Nianzhong from the Photochemical Company has never even heard of it, so I can only say that these people are really bold.

On the grounds that the Dongming Consortium was insolvent, not only did they confiscate all the property of the Dongming Consortium of the Jiang family, but also the Busan Bank established by the Jiang family, and then turned around and sold it to Luo Nianzhong in such a blatant manner.

But this is good, it saves Luo Nianzhong a lot of things.

Far East Port Management Company wholly acquired Dongming Shipping Company and changed its name to Far East Shipping.

All transactions are basically completed through Asian investors and Korean capital. If no one tells it, the name will make South Korean people think it is a domestic investment company, but the legal person is indeed South Korean.

Who would have thought that this was a company registered in the Cayman Islands by the Luo family office?
Even if they do, they don't know the specific equity structure and can only make guesses.

As time went by, Luo Nianzhong was able to complete all kinds of left-hand and right-hand tricks, and finally hid most of his wealth.

In addition to corporate acquisitions, Far East Group and Cheong Wa Dae also signed an investment agreement of more than US$500 million, mainly focusing on retail, real estate, media industry, port logistics and other fields.

In addition to commercial real estate, the real estate invested here also includes residential real estate.

Could it be that Luo Nianzhong made an exception?
No, it's entirely because this is not Greater China. I don't feel guilty about making their money and I don't care what the South Koreans say.

Moreover, the Seoul Real Estate Company established has no relationship with Far East Group or Luo Nianzhong on the surface. It is registered in South Korea and its legal person is Zhang Shanhui.

In addition to Asia Investment and Dahan Capital each holding 40% of the shares, Zhang Shanhui and Li Meiji also hold 10% each.

When Luo Nianzhong placed the equity transfer agreement in front of the two of them, they were so moved that they burst into tears.

However, the two of them also knew how to repay Luo Nianzhong in their own way.

In this regard, Luo Nianzhong's feeling can be expressed in two words: refreshing.

I just don’t know if there will be a city of Seoul after the word Seoul is used in advance.

As for the semiconductor industry requested by Quan Douhuan, Luo Nianzhong promised him to transfer the chip production equipment that was about to be eliminated in the Wanwan Hsinchu Science and Technology Park to South Korea, which was the production lines that Luo Nianzhong purchased from Texas Instruments.

Although this is not the most advanced technology in the world, it is still considered a mainstream lithography machine. Nearly half of the lithography machines used by chip manufacturers around the world are of this model. Quan Douhuan is quite satisfied with this.

The mansion that Cui Zhongxian gave to Luo Nianzhong in Longshan District, except that the residence is a newly built three-story Western-style building, the courtyard maintains many Chinese characteristics.

Rockery, pavilion, small bridge, flowing water.

Just looking at these ancient South Korean characteristics, it would be a bit unreasonable to say that we are not his ancestors.

In the pavilion in the yard, Luo Nianzhong and Cui Zhongxian were chatting, while Zhang Shanhui and Li Meiji were serving tea and water.

"Mr. Luo, why don't you wait for such an important matter to be over before returning to Hong Kong Island? If it were me, I would wish to live on site."

Cui Zhongxian was talking about this acquisition. Although the general situation has been decided, the process still needs to be followed.

For example, there are many legal documents that need to be drafted, such as checking the financial status and operating status of each company.

Luo Nianzhong didn't want to leave any excuse for the future big bosses in South Korea. I spent money to acquire the company. Where the money goes is not a question I should consider.

At this critical moment when the acquisition was about to be completed, Luo Nianzhong was about to leave.

It's not as if he spent hundreds of millions of dollars to acquire a company, but rather like he spent a few dollars to buy something.

“The team from the Far East Group has arrived, and Robert and Jason are here to watch, so I feel relieved.

And I have been away for half a month, and I feel a little homesick."

"Mr. Luo is really a good man, and I admire his courage."

Luo Nianzhong didn't take Cui Zhongxian's compliment to heart. As his status increased, people would naturally brainwash you every day. Whether you would be good or not depends on your personal ability.

It sounds wonderful, but it's also a kind of poison.

Especially since he has been in South Korea for a long time recently and has always been in contact with people here, Luo Nianzhong found that the servility of South Koreans is no worse than that of islanders. If you force him, he will kneel down and lick you. When you lose power, it may be a different scene, but Luo Nianzhong feels that he may never experience it again in this life.

Compared to these compliments, he prefers to have contact with Welch, Jason and others like normal friends.

"Let's not talk about this anymore. How about the things I discussed with you before?"

“SK News Agency has been established and lobbied President Chun Doo-hwan as per your request.

In the future, South Korea will enter the communication license mode, and our SK News Agency will have the only communication license in South Korea."

The current communications industry in South Korea is a semi-state-owned enterprise, and there are not many lines. The future communications giant KT has not yet been established.

It is not difficult to spend some money to promote Quan Douhuan's reform. You can take advantage of this opportunity to do it in one step.

As for whether the big bosses in the future will issue private communications licenses again, it is unlikely in the short term within ten years.

“There is also a semiconductor company, SK Hynix has already begun preparations for establishment.

In addition to negotiating with Far East Semiconductor to purchase technology, we have also sent technical personnel to Hong Kong Island for exchanges."

Seeing that everything was going on in an orderly manner, Luo Nianzhong nodded and approved Cui Zhongxian's arrangement.

"I will return to Hong Kong Island tomorrow, and I will leave it to you to handle the affairs of SK Group."

After speaking, Luo Nianzhong waved and called Zhang Shanhui in front of him.

"This is my secretary in South Korea. If you need to communicate with other Far East Group companies in South Korea in the future, you can use her through her."

Zhang Shanhui greeted Cui Zhongxian graciously, "Hello, President Cui, my name is Zhang Shanhui. I would like to ask President Cui for your advice in the future. If there is any offense, please bear with me."

"Ms. Zhang is so polite. To be valued by Mr. Luo means that there must be something special about Miss Zhang. Let's make progress together."

Choi Jong-hyun is right, there is something special about him, and he is extremely good at dribbling the ball.

At first, when Luo Nianzhong told Zhang Shanhui about the position assigned to her, Zhang Shanhui was dumbfounded. She did not expect that Luo Nianzhong would place a person like her with no work experience in this position.

It is said that he is Luo Nianzhong's secretary in South Korea, but who doesn't know that Luo Nianzhong does not necessarily stay in South Korea for a few days a year? It is more appropriate to say that he is a secretary than Luo Nianzhong's agent in South Korea.

Although she has no real power in management, she is responsible for checking the accounts and coordinating the communication between various enterprises, so her power is definitely not small.

In addition to her duties as secretary, she is also the general manager of the newly established Seoul Real Estate Company. She supervises the company's operations and studies on the other.

Looking at her current performance, I can only say that she has grown very quickly after following Luo Nianzhong after seeing various markets in the past few days.

At least when facing outsiders, his aura is up to standard, and he is no longer the submissive person he used to be.

After a brief introduction to the two parties, Luo Nianzhong smiled and said, "You will have plenty of time to get in touch and get to know each other, so don't waste your time today."

Zhang Shanhui smiled politely at Cui Zhongxian after hearing Luo Nianzhong's words and then retreated.

"Nissan, Hitachi, Honor and other companies have fully entered South Korea. At the beginning, some products will not have problems because of their high cost performance or high-end products, but this will not necessarily happen as time goes by.

Especially Nissan, although it is much ahead of South Korea in terms of car quality, the price gap with local cars is too large due to issues such as tariffs.

You must be prepared. Once Nissan's sales in South Korea are not satisfactory, a joint venture is inevitable.

In this regard, SK is not the best choice in all aspects, so you must prepare early."

When it comes to cars, the best collaborator is definitely Hyundai, but even if Luo Nianzhong invests a larger amount, it is impossible to support outsiders.

However, if we enter the democratic era, there is no telling whether the Zheng family will be willing to pay a lot.

Cui Jongxian's eyes lit up when he heard this. Unexpectedly, in addition to the semiconductor and communications industries, Luo Nianzhong also wanted SK to enter the automobile industry.

To be honest, at the beginning, he would never have thought that Luo Nianzhong would support SK Group so much.

Luo Nianzhong had no choice. He knew that joint ventures in industries such as home appliances and automobiles were inevitable.

With the accumulation and development of technology, it is certain that other companies’ technologies will catch up.

It's okay to say high-end brands, Luo Nianzhong's strategy is to focus on high-end.

But the mid- to low-end brands are different. When you no longer have the technical and price advantages, joint ventures are the only way out.

The people of South Korea have been instilling patriotic brand ideas since the end of 90 because the government, in order to better develop local enterprises.

Therefore, future generations can see that few people choose foreign brands when the price and quality are similar.

For example, the Korean beef we often see in TV dramas or Korean dramas, if you have eaten it, you will find that it is not that high-end compared to its price, and it can even be said that the price-performance ratio is extremely low.

But the South Korean people are willing to accept it and buy it.

So there is nothing we can do about it.

Since you are willing, let me give you a face-saving project.

(End of this chapter)