Reborn Russia As An Oligarch

Chapter 1138: reluctantly

 After Li Zairong’s accident, the Li family was in chaos.

Originally, the old man was seriously ill and was hospitalized for emergency treatment. Now his son had a car accident and was sent to the ICU. It was still uncertain whether he could be rescued. The family suddenly lost its backbone.

At this critical moment, Li Fuzhen stepped forward. She rushed to the hospital as soon as possible, and ordered her assistant to invite the best experts in the country, and ordered her brother to be rescued at all costs!

Samsung Group’s business covers a wide range of areas, including hospitals. Basically, the best hospitals in the country are run by them, so they naturally have the best medical information and medical experts.

 After the rescue and consultation by the expert team, they brought good news and bad news to the Li family who had been waiting in the hospital.

 The good news is that Lee Jae-young is alive and well and has stabilized.

 The bad news is that he suffered a serious head injury. Even if he is rescued, he may become a fool...

Everyone in the Li family was immediately stunned on the spot. Everyone had already concluded that Li Zairong would soon take over from the old man and take control of the Samsung Group.

The result was great. Before I had time to take over, I became a vegetative state? !

What about Samsung Group?

  Is it really necessary to hire so-called professional managers like those big foreign companies?

This is a country that the Li family has worked hard to build for generations. How could they be willing to let others take charge?

It can only be said that the family is unfortunate. There are three direct children in this generation of the Li family. The eldest, Li Zairong, was originally trained to be his successor. He himself performed quite well, and the elders in the family also recognized him, but now he has entered After leaving ICU, it is obviously impossible to take charge of the company again.

Then the second oldest one is Li Fuzhen. She also has a younger sister, but let’s not mention that younger sister. She was there a few years ago...

 So, it seems that there is no other choice now, only Li Fuzhen is left!

At first, Li Fuzhen was a little reluctant to accept it, but in the end he couldn't refuse it. It was also for the consideration of the family that he reluctantly accepted the position of acting president and prepared to shoulder this heavy responsibility.

She also told everyone righteously that as long as her brother can return to normal in the future and his health is fine, then her position can be returned to him at any time, because she doesn't really want to be the president. It's so stressful and easy. It makes people grow older...

Although the board of directors complained a little, they did not object strongly, because although the Li family does not control many shares in the Samsung Group, it still has a large say, and the Li family had an agreement with the shareholders at the beginning, that is, the Samsung Group The person at the helm of Samsung must be a direct descendant of the Li family and will never let outsiders take over Samsung!

 Hence, Li Fuzhen’s rise to power was not greatly hindered.

 Some time later, the Li family and Samsung Group also slowly calmed down from the panic. After all, what happened had happened and it could not be undone no matter what.

Li Fuzhen was naturally elected as the acting president by the board of directors. After a period of training, he can officially take over as president!

In addition, of course, the Li family has also been pursuing the matter of Li Zairong's car accident.

The driver of the large truck insisted that he was a little tired and distracted at the time, and then Li Zairong's car suddenly rushed out of the corner, and the bright headlights dazzled his eyes. In a hurry, he originally wanted to step on the brake, but stepped on the accelerator. and lost control of the steering wheel. The tragedy just happened...

In this kind of thing, you can't verify whether the other party is telling the truth. After all, the Li family has not made any enemies with deep hatred over the years, so few people will think about "vendetta" and "conspiracy". , the most I can do is lament that Lee Jae-young’s life is not good.

Seemingly he was about to take over the power alone, but instead he encountered this kind of disaster, and his sister Li Fuzhen got a big advantage!

 After Li Fuzhen became the acting president, she quickly showed her business talent.

She said at the board meeting that the world economy has picked up and the next ten years will be a golden period for global economic development. Then in the field of consumer electronics, the market size will expand rapidly!

ˆ Samsung Group already has a strong accumulation of strength and brand reputation in this regard, but it also faces challenges from many old rivals and emerging brands, such as Nokia, Motorola, HTC and the newly emerging Apple!

 In order to win in the fierce market competition in the future, Samsung Group must continue to increase investment, lay out production bases around the world, expand production, and occupy as many markets as possible...

In a word, it is necessary to invest abroad. The domestic market is too small and cannot accommodate Samsung’s ambition and scale. In the future, Samsung will become a large international group and invest in all important markets around the world. Localized production!

The plan sounds wonderful, but it needs huge funds to support it, otherwise it will be empty talk.

The shareholders on the board of directors felt that her plan was a bit too radical and were worried that it would cause the group's financial constraints, so they suggested that Li Fuzhen solve the financial problem himself.

In fact, this is also an "examination question" for Li Fuzhen. I want to pass this small test to see the "quality" of the acting president. After all, if I want to lead a giant company like Samsung to move forward, I have no real ability. But it doesn't work.

If Li Fuzhen's performance is really too bad, then the board of directors won't mind replacing her with a new president, or simply ousting her!

Faced with the deliberate difficulties from the directors, Li Fuzhen was confident. Within a few days, she came up with a fundraising plan, and had even contacted two investment institutions to prepare for a private placement of up to 20 billion U.S. dollars in new shares!

 These two investment institutions, namely the Russian Industrial Fund and Crimea Investment Company, are both Eastern European capitals!

Samsung Group's private placement of US$20 billion in shares was jointly secured by these two institutions. However, as investment conditions, these two institutions also required Samsung Group to invest in the construction of a large electronics factory in Russia, or in other words It is a large-scale production base, used to produce mobile phones, computers, monitors, etc.

 Because such a factory can provide a large number of jobs and tax revenue, it is also a high-tech industry and will not cause too much pollution to the local area, so it is a relatively popular investment.

 If people contribute money, of course they can impose conditions. Besides, Li Fuzhen originally wanted to expand and invest abroad. Europe is one of the most important markets, but don't forget that Europe's total GDP ranks first in the world!

 Europe as a whole, especially those countries in Western Europe, are relatively wealthy, and the market there is also full of temptations for Samsung.

However, if you want to open a production base in Western Europe, such as France, England, Germany and other countries, it is convenient, but the cost will skyrocket! The requirements there for labor, raw materials and environmental protection are all very high, which directly results in the inability to reduce production costs.

 Hence, it is a reasonable plan to choose production in Eastern Europe and then sell it throughout Europe.

Eastern Europe, especially Russia, has high-quality workers, low wage requirements, a very good industrial base, and is a big energy country. Resources such as water, electricity, and metals are much cheaper than in other countries!

 It is very close to developed areas in Europe and the transportation cost is not high…

Russia's economy has developed very rapidly in the past few years, and it has also attracted neighboring fraternal countries to establish the "Eastern European Union". In the entire alliance area, there is mutual tariff exemption, which is equivalent to electronic products such as mobile phones and computers produced in Russia. The products are directly sold to neighboring countries with zero tariff...    Oh, also, Russia has just introduced policies to promote consumption and industrial upgrading, providing nationwide subsidies to encourage ordinary people to buy computers and mobile phones.

Taken together these conditions, to be honest, even if the industrial funds and Crime Investments did not jointly invest US$20 billion, Li Fuzhen would choose to open a factory here!

 …

After Li Fuzhen brought the investment intention and cooperation plan to the company's board of directors, the directors obviously could not find any reason to object. This in itself is also good news for the group's business expansion!

After all, the money invested in opening the factory was not paid by the group, but someone "paid for it", so no matter whether the results can meet expectations, the group still makes a net profit!

 So, this private placement was successfully approved. The Russian Industrial Fund and Crimea Investment Company jointly invested US$20 billion and acquired 15% of the shares of Samsung Group!

This private placement, the valuation of Samsung was estimated based on the market price, and no premium was given, and of course there was no discount.

  After all, the market value of established giants like Samsung has almost reached its peak and does not have much room for imagination, so it cannot compete with emerging Internet giants.

To be honest, if industrial funds and Crime Investments were not willing to take over Li Fuzhen’s private placement this time, no other investment institution would be interested at all!

 Even Samsung’s original shareholders, no one is willing to spend so much money...

Of course, Wang Ye nodded to all of this.

 He did not expect to make a lot of money in the future by investing in Samsung, because he also knew very well that this investment was actually not profitable!

 In 2009, there were too many companies worth investing in than Samsung, especially in the Internet industry.

Those emerging Internet companies, if you invest now, after the company goes public in a few years, the return rate may be ten times or hundreds of times!

As for Samsung, according to Wang Ye’s unclear memory, the market value at its peak seemed to be only 300 billion U.S. dollars, which is not much more than the current more than 111 billion U.S. dollars...

However, he had other plans for investing in Samsung this time.

Samsung is a brand that is indeed very influential in the field of consumer electronics. Its business is too complex and extensive. It does almost everything, and almost all of it is top-notch!

Especially in the 2000s, Samsung mobile phones could compete with Nokia, laptops, digital cameras, monitors, TVs, refrigerators and washing machines...

  Anyway, as long as you think of electrical appliances, there seems to be nothing it can’t do!

Wang Ye has enough money in his hands, but it is more difficult to convert this money into a boost to the national economy.

The same 20 billion U.S. dollars, in Wang Ye's hands, is just to carry out major infrastructure construction, build a few highways, etc. This is another level, although it will be good for national development in the long run.

  But it has to be said that such investment is difficult to bear fruit in the short term.

However, through Samsung's hands, it can be transformed into a giant production base, bringing several advanced electronic factories to DaMao, capable of producing the most advanced and cutting-edge consumer electronics products, and bringing hundreds of millions of products to the local area. Thousands of high-income jobs, once put into production, can also bring huge tax revenue and export trade volume...

 It can even drive the development of many upstream and downstream industries, such as chip wafers, metal smelting, packaging and printing, etc...

This is the same as the automobile industry. You can’t just look at how much GDP this industry contributes, but also its ability to drive upstream and downstream industries!

  Today we spent 20 billion U.S. dollars. In the next five or ten years, perhaps the production base invested by Samsung can bring 200 billion or even 2 trillion U.S. dollars in revenue to Da Mao!

Of course, through this investment, Wang Ye also allowed two of his investment funds to successfully become major shareholders of Samsung, and he was also able to support the newly appointed president Li Fuzhen on the board of directors...

 So no matter how you look at it, the money is well spent...

In addition, Wang Ye was not just trying to help Li Fuzhen this time. He was also working hard to promote the development of Damao's own light industry.

As we all know, Da Mao has a good heavy industry foundation, but almost no light industry, because it was all distributed to other brothers when it was "divided"!

It would be fine if those brother countries could develop light industry. Now that they are all members of the Eastern European Union and exempt from mutual tariffs, Wang Ye no longer has to worry about these things.

 But in the past nearly twenty years, now, because of Wang Ye's strong support, Damao's heavy industry has developed well, but the light industry in neighboring brother countries has long been abandoned!

It’s even worse than Da Mao. Da Mao has several large-scale wholesale trade markets run by Wang Ye’s New Sun Group. Since you can’t produce it yourself, you can import it, so there are a lot of cheap goods from Asia. purchase.

 Some smaller and poorer countries in the surrounding areas do not even have such large wholesale markets, so they have to go to the wholesale markets here to purchase goods!

 So, Wang Ye put the vigorous development of light industry on the agenda.

Of course, he didn’t mean to make it as exaggerated as in a certain country where the entire system, entire industry, and all categories are covered. After all, Mao’s country doesn’t have that many people, nor does it have such a big market...

What Wang Ye wants to engage in is high value-added industries, such as chip wafers, electronic products, automobile industry, Internet, and finance. If he can do well in these pillar industries, plus the energy industry, which is his strength, Then Damao's economy will make a big leap!

In the future, you don’t need to worry about being choked or anything like that…

 …

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