Coquettish Rebirth

On August 8, 20 financial institutions in South Korea formed a creditor group and settled in Daewoo Group, and then began to determine the structural adjustment plan of Daewoo Group.Then, the general content of this adjustment plan will be released soon-the existing 13 subordinate companies of Daewoo Group will be reduced to 25 before mid-January 2000, and the rest will be merged, separated, sold, etc. etc., leave the Daewoo Group by becoming an independent legal person and so on.

This change in the Daewoo Group really made the domestic news media, experts and scholars a little dumbfounded, and even some members of the central think tank were a little dumbfounded!Why are you dumbfounded?For the news media, experts and scholars, how could a powerful consortium whose annual turnover is 5% of the gpd of South Korea be wiped out because of the Asian financial crisis?This is not scientific!A consortium that can be called a fortress, even one of the five largest consortiums in South Korea, should be better able to withstand the crisis brought about by the bad situation than other small and medium-sized enterprises!

Generally speaking, a small ship is easy to turn around, but it is also easy to be crushed by the advantages of scale when the ship is small, and finally becomes a small ship that is easy to be killed by wind and waves.But how could such a large enterprise die when many small and medium-sized enterprises had no problems?This surprised the media and experts and scholars too much.On the other hand, the old men and powerful men in the central think tank were also dumbfounded by the situation in South Korea!

Why are they dumbfounded?Because one of China's current policies—grasp the big and let go of the small—that is to consciously learn from South Korea!Although the specific methods are different, the general spirit is learned.That is to rely on central funds and policy support.Let the 7 seed players grow at a super speed and learn from Daewoo's 20-year process from a factory with 5 people to a world-renowned consortium!

Originally, before Daewoo's problems, although the other six of the seven domestic seed players did not perform very well, the growth rate was still limited, but Huaxia Hi-Tech's growth was very good!For this, the central think tank and the relevant leaders of the central government still attribute this difference to differences in systems and talents.In their view, Huaxia Hi-Tech can develop well.In addition to the relevant policy incentives and tax incentives given by the state.The main reason is that Huaxia Hi-Tech belongs to the Jia family, and the Jia family will devote all their energy to the development of their own business.At this time, although the leaders of large state-owned enterprises will also pay a lot, working for others is still different from working for themselves.At the same time.They also believed that the Jia family had such a young genius as Jia Hongjian.Therefore, many products produced by Huaxia High-tech are simply too "epoch-making"!

It's like when Huaxia Hi-Tech entered the auto market.They just relied on Bujing 660, and basically monopolized China's auto market in two or three years!It can be said that if Huaxia Hi-Tech has not limited the output, it is not impossible for this car to sell 100 million units a year!In some ways.Central leaders and people in think tanks generally artificially restrict production for Huaxia Hi-Tech in order to save face for the country and other state-owned enterprises.

After all, if Huaxia Hi-Tech basically monopolizes the market, wouldn't other car companies be unable to continue driving?So what will happen to the workers in state-owned enterprises and joint ventures?From the perspective of the leaders, Huaxia Hi-Tech deliberately gave food to its competitors for the sake of the stability of the country—at least from the perspective of the market, there are indeed some people who think that waiting for the Bujing 660 is too slow and instead spend more Some money to buy a car like Xiali.

Then from the perspective of the Bujing 660 product itself, they feel that the field that Huaxia Hi-Tech has entered is really good-it does not pursue excellent performance, but only pursues usability, and after the price is lowered, it will drive competitors to lose If the price is not reduced, then the entire auto market will be activated at once!And in the field of automobiles, how much money does Huaxia Hi-Tech earn in a year!Not to mention that Jia Hongjian, a young genius, even went to North America to get a Sherlock Holmes company, which made him stand on the wave of high-tech all of a sudden, and he drank his first mouthful of soup directly!

Originally, although everyone thought that Huaxia Hi-Tech was able to rise, of course, a large part of the reason was due to the Jia family itself, but there was another part that was due to the national policy!And Huaxia Hi-Tech has grown into the world's top 5 lineup in five years, which proves that the country's policy is correct!It proves that the country wanted to learn from South Korea and Daewoo, that is correct!Although the success rate is a little lower, but there are still talents, right?

But what about now?Daewoo, who is the model, is about to die... This, this, this, does this mean that the model is not right at all?Is it possible that Daewoo is going to collapse like this, and after China encounters a real financial crisis in the future, Huaxia Hi-Tech will also encounter such a situation?It can be said that the matter of Daewoo Group immediately sounded the alarm for the central government and think tanks!They began to review whether the strategy of catching the big and letting go of the small that they had adopted before was really useful, and then they also began to worry whether Huaxia Hi-Tech would be the same as the Daewoo Group one day if it continued to develop like this!They even have to start to consider if it is not appropriate to grasp the big and let go of the small, then what kind of method can China's economic reform adopt!

However, at this time, Jia Hongjian, the little genius in the eyes of the central government, did not worry about whether his company would be overthrown like Daewoo in the future financial crisis. Now he is just inquiring about various news, I want to join other large international consortiums and rush up to share and eat the corpse of Daewoo Group like wolves!Why do you want to share the body of the cannibal Daewoo?Because although Daewoo started from textiles in the past, it has now become a large-scale comprehensive group with a wide range of businesses. Their businesses include automobile manufacturing, finance, trade, construction, machinery manufacturing, and even telecommunications, electronics, etc. Manufacturing and so on a series of stuff!

According to the information Jia Hongjian found, the entire Daewoo Group has a total of 22 business organizations and 12 listed subsidiaries!Then, after embarking on the pace of global expansion in 93, Daewoo has established a total of more than 100 branches in more than 600 countries and regions around the world in a few years!If Jia Hongjian and the others eat up a certain subsidiary of Daewoo, although the employees in the subsidiary are Koreans, and there is a little cultural gap in communicating with the Chinese, Huaxia Hi-Tech can use this to obtain distribution in many countries at once. channel!

This sounds a bit unbelievable. If Huaxia Hi-Tech wants to establish a channel, it will build it by itself. Why buy someone else's?And if you eat too much at once, won't you last?Was Jia Hongjian either very careful before, or was he afraid that Huaxia Hi-Tech would grow too quickly and change the atmosphere of the entire company?That's right, but now that Jia Hongjian said that he wanted to eat up other people's branches, he didn't say that he wanted to eat up all of them!

In the past, Daewoo wanted to seize the opportunity of globalization, transform the entire Daewoo Group, and then seize the share of emerging markets. So in addition to the mainland, such as Southeast Asia, India, or even Russia, Poland, There are Daewoo branches in places like the Czech Republic.Even Daewoo bought some poorly managed local car factories in Poland and other places, and then transformed them into local factories for the production of Daewoo cars.

As for Jia Hongjian, he had previously thought of encircling the cities through the countryside, occupying the vast third world market, and then encircling the markets of developed countries such as Europe and the United States.But now, if he eats up part of Daewoo's branches in the third world countries, will he be able to establish a sales network that roughly has a prototype?In this way, they Huaxia Hi-Tech can not only sell their own program-controlled switches, PHS mobile phones and other products locally, but can even act as distributors to sell Changhong and other domestic companies with overcapacity. Do you buy the products of electrical appliance dealers in Africa, Southeast Asia, South America, and Eastern Europe?Does this mean that when you expand yourself, you also help others expand?In this way, isn't Huaxia Hi-Tech equal to selling a lot of state-owned enterprises for a great face?

Jia Hongjian studied the composition of the Daewoo Group, and they have quite a lot of industries—in addition to the Daewoo head office, there is also an independent Daewoo Automobile Company, which makes a lot of Daewoo buses!It can be said that in the field of large cars, the market share of Daewoo Motors is really not small!Then, in addition to the automobile company, there is also Daewoo Heavy Industries, which, needless to say, must manufacture all kinds of machinery and equipment.Then there is Daewoo Electronics Company. Although this Daewoo Electronics Company is named Electronics, it is actually a company that manufactures various products such as microwave ovens, air conditioners, refrigerators, and washing machines.The company that actually makes "electronics" is another Daewoo Electronic Components!

Then Daewoo also has a series of industries such as Ssangyong Motor Company, Daewoo Communication Company, Orion Electric Company, Jingnan Enterprise, etc.!And these industries may be sold one by one in the future!And these companies that need to be sold must be the ones that the world's giants are staring at and preparing to grab their own jobs!

Even, apart from Daewoo, the other four large conglomerates in South Korea have all received warning letters from Kim Dae-jung, telling them to keep their debts below 4%!Otherwise, the court will take over their group and make them lose their right to operate independently!Under such circumstances, how can a consortium such as Samsung LG reduce its debts when it has a lot of foreign debts?In addition to paying back the money as soon as possible, the best way is to sell some less core businesses!And this is also a great opportunity for Jia Hongjian!

Like trying to win over LG or something, maybe now is the best chance! (to be continued..)