Chapter 107: Targeting Ssangyong Motors



Song Yi likes sesame paste + chili peppers when eating shabu-shabu mutton, while Zhou Shulan likes sesame paste + chives + tofu marinade. Song Mingzhe couldn't stand the taste of the marinade and shook his head, "You've lived in Yanjing for a year, and your taste has changed. This is not like Director Zhou in the unit."

Zhou Shulan was busy preparing hot pot for her granddaughter, but Song Miao was not happy about it. "Grandma, I can do it myself. I can do it."

Zhou Shulan protected her granddaughter, "Miaomiao, this copper pot is very hot. Children's skin is very tender. Once it is burned, a big bump will appear. It won't go away for several days. It hurts so much that I can't sleep at night."

Liao Yu said to Zhou Shulan, "Mom, children should not be so delicate. Miaomiao, use a colander to blanch the tripe. The soup is boiling now. Just blanch it up and down and you can eat it."

After Miaomiao understood what Zhou Shulan meant, she blanched the tripe and handed it to Zhou Shulan carefully, "Grandma, this is for you."

Zhou Shulan suddenly smiled and said, "Miaomiao is great, give it to mom." Song Miao was sandwiched between Zhou Shulan and Liao Yu, not knowing what to do.

Song Yi came to the rescue, "Miaomiao, give them one by one, first to grandma, then to mom, then to grandpa, and finally to me."

Song Mingzhe and his granddaughter are close, "Miaomiao, eat by yourself, we are all on the ground. Don't walk around while eating, be careful not to get burned. Grandpa will get you a bottle of water."

He walked into the kitchen and found that the whole house was filled with Sanduo Water. "Director Zhou, don't you have any other mineral water at home? This Sanduo Water is five yuan a bottle. After using up your pension to buy Sanduo Water, will you still have money left to buy groceries?"

Zhou Shulan noticed that something was wrong with Song Mingzhe. When she was at Yeji, Song Mingzhe would only call her Director Zhou when they were talking about serious matters. Before Zhou Shulan retired, she was the director of a branch of Postal Bank.

"Dean Song, I know you got promoted recently. Are you reminding me not to call you Professor Song but Dean Song instead?" Zhou Shulan asked.

Song Mingzhe was sullen. He felt that he was asking for trouble. He even thought that it was okay, but he still felt uncomfortable. He even felt that his promotion to the dean was also related to his son Song Yi.

When Song Miao heard the word "promotion", she started clapping her hands, "Grandpa got promoted? That's awesome!" Song Miao's action made Song Mingzhe laugh and cry.

Liao Yu criticized her daughter, "Miaomiao, don't be so obsessed with the government! No matter where grandpa works, he always works hard. Have you completed your homework seriously?"

Zhou Shulan advised Liao Yu, "Okay, what does the kid know? Besides, if you throw a brick randomly in Yanjing, the person you hit will at least be a department-level cadre. I don't know if the old man can get a bureau-level salary before he retires."

Liao Yu was very anxious. "Mom, you don't know that the classmates in Miaomiao's class have already developed a bad habit of comparison. One said he went to Japan during the summer vacation, and the other said he went to Australia during the National Day holiday. Miaomiao asked me a few days ago if mom could drive uncle's car to pick me up. I want to prove to Duoduo that our car is the most expensive and the best."

Song Mingzhe frowned and put the mutton on the plate. "When you said you would bring Miaomiao to Yanjing to study, you said you would create a better study environment for Miaomiao. I had no objection."

“The teachers at the Third Primary School are not bad, but Miaomiao has just entered the first grade and she has already started to compete with her classmates. Children have a poor ability to distinguish right from wrong. If her character develops a deviation, it will be difficult to correct it in the future. If it really doesn’t work out, Miaomiao should transfer to Yeji. I will say hello to the Affiliated Primary School of Bian University, and they may be able to accept Miaomiao. She can even go back to Yanjing to take the college entrance examination.” Song Mingzhe said.

"No," Zhou Shulan objected. "Miaomiao's household registration has been transferred with great difficulty, and a house has been bought. Miaomiao has already adapted to the learning environment here. Why do you want to go back suddenly?"

Song Yi knew Song Miao and called her over. "Miao Miao, I know you are a very polite and sensible child. Why do you want your mother to drive my car to pick you up from school? Did Duoduo say something unpleasant to you?"

Song Miao looked at Song Yi, "Uncle, in the last exam, I got first place in the class, and Duoduo got second place. She was very dissatisfied and said that I was a stinking outsider, and she also called on other friends not to play with me. She said that her family lived in a big villa and her parents drove a nice car. I was so angry that I said that my mother's car was better than her parents', but she said I was bragging."

Zhou Shulan was furious when she heard this. "Look, what kind of child did these parents raise? When Miaomiao failed the exam, they actually called Miaomiao a stinky outsider. This is too much! When the holiday is over, I will find the other parent to have a talk and ask them to apologize!"

When Liao Yu heard Song Miao say this, she felt like she was stabbed in the heart. She blamed herself for not being as patient as Song Yi to listen to her daughter's explanation, but for indiscriminately accusing her daughter of vanity and love of comparison.

Song Yi was no longer in a hurry to eat, and chatted with Song Miao, "Miao Miao, that Duoduo teamed up with other classmates to isolate you and not let other classmates play with you, are you afraid?"

"Don't be afraid. The truly strong are lonely. Among animals, tigers are loners, and only wolves travel in groups. Duoduo isolates me because she is afraid of me. She is afraid that she will not be able to beat me in the future exams. Besides, I also have good friends in class. It's not like all my classmates don't want to play with me." Song Miao shook his head, his tone very confident.

Song Yi was very surprised. "Miaomiao, our family also has a big villa in Yanjing. Your birthday is in January. Can you invite your good friends to visit us at the villa on the weekend? Uncle will send a car to pick up your good friends. As the host, you are responsible for entertaining your good friends. You can celebrate your birthday with your friends, okay?"

Song Mingzhe was not satisfied. "Is this your solution? By the way, when did you buy another villa?"

"I bought a villa in Lijing Garden near the airport. I usually use it to entertain business friends and I seldom live in it myself. There are no good villa communities in Yanjing now. When the villa community in Shunyi is built, I will buy two more, one for Miaomiao and the other for you to live in in your old age." Song Yi replied.

"Miaomiao was scolded by her classmates, and the class called for her to be isolated. This has already involved school bullying. Duoduo's parents may be rich and powerful, so the head teacher and teachers did not intervene in time. Of course, I will not let this matter go."

"After New Year's Day, I will go to Sanxiao and make an appointment to meet Duoduo's parents. Dad and Mom, don't worry, I will definitely let Duoduo apologize to Miaomiao." Song Yi said.

Song Mingzhe was a little worried. The Song family had no roots in Yanjing, and he felt that the school and Duoduo's parents might not necessarily admit their mistakes.

Song Yi said to Liao Yu: "As parents, it is normal for us to want to keep a low profile in our children's class. If you drive a BMW 740 to pick up Miaomiao from school, and leave a business card for Miaomiao's head teacher and teacher, when Miaomiao is scolded by Duoduo, the teacher will intervene immediately. It is human nature to despise the poor and love the rich, and to seek profit and avoid harm."

Parents of course hope that teachers can treat all students equally, but not all teachers can be selfless. Some middle-aged female teachers are simply feared by parents and they turn pale at the mere mention of them.

However, Liao Yu paid more attention to what Song Yi said just now, "We are parents", Song Yi really treats Miaomiao as his own daughter. Liao Yu thought of the Song Yi family trust fund, Liao Yu and Miaomiao were also the designated beneficiaries of the trust fund.

Liao Yu is now both happy and worried. She is happy that Song Yi has always doted on her and Miaomiao, but she is worried that Song Yi will get married sooner or later. It is impossible for Liao Yu to marry Song Yi now, and Song Yi will have his own children sooner or later. How can she and Miaomiao live in peace with Song Yi's family in the future?

Song Mingzhe didn't notice this detail. "How about I ask for a day off from school and go to school with you?" Song Mingzhe asked his son.

Liao Yu quickly comforted Song Mingzhe, "No need, Xiaoyi can handle it by going to school."

Seeing that the time was ripe, Liao Yu talked to Song Mingzhe about Xinya Real Estate.

When Song Mingzhe learned that New Asia Real Estate spent 800 million yuan to buy a piece of land in Wangjing and would invest 4 billion yuan in the next four years to develop the commercial street and Wangjing Center Building, Song Mingzhe fell silent.

The GDP of Bianzhou in 2000 was less than 13 billion, and Song Yi had to invest nearly 5 billion in a real estate project. What kind of concept is this? No wonder the principal tried hard to let Song Mingzhe do Song Yi's work and let Song Yi go back to Bianzhou University to see that if Song Yi took a 4 billion real estate project to invest in Liaozhong Province, he would be able to meet the main leaders of the province. Maybe the principal was also testing Song Yi's attitude on behalf of some leaders?

Song Mingzhe felt that Song Yi in front of him was very unfamiliar. He couldn't understand how Song Yi could achieve such great results without making any noise. Could it be that the youngest son Song Yi was really a business genius? The key point was that the Song and Zhou families had never produced business tycoons? No, Zhou Shulan's uncle Zhou Zhengyong started from scratch and created the first conglomerate in South Korea. No wonder the Korean side said that Song Yi was the most outstanding third-generation heir in the modern family.

According to Liao Yu, although Eshan Construction is the largest shareholder of Xinya Real Estate, Song Yi controls Xinya Real Estate through Xinya Media and Yiyingshenghui Limited Partnership. The real estate projects in Wangjing are led by Song Yi alone, and he has the final say.

In order to reassure his parents, Song Yi also told Song Mingzhe about his history of making a fortune, the most important of which was two stock market profits, a profit of 30 million US dollars on B shares and a profit of 500 million US dollars on US stocks. After Song Yi completed the initial accumulation, he gradually invested his funds in industry, and media + real estate + Internet are the core industries of the New Asia system.

When Song Mingzhe heard that Song Yi had made 30 million US dollars in the mainland B-share market, his face looked unhappy.

"Xiao Yi, you are so young, but you are already in a high position and control billions of wealth. This is not a good thing for you. You are surrounded by flatterers, and it is difficult for you to listen to other people's opinions because you have been too lucky in the past two years."

"I am more afraid that you are superstitious about the power of money and like to use money to get things done. You think money can do anything. At least in the mainland, money may not be effective."

"I don't understand capital, but I understand history. When New Asia Real Estate took out 800 million to buy land, it was like 'a child carrying gold through a busy street'. Someone with ulterior motives would definitely notice you. If you make a mistake, cross the red line, and give others an excuse to touch you, you will have to wait for the ending of 'sharpening your knives to attack pigs and sheep'." Song Mingzhe reminded.

Song Yi knew that Song Mingzhe was right, which was why he had always focused his career on Korea. The roots of the New Asia Group in the mainland were too shallow. Only after the Wangjing real estate project was completed, could Song Yi take root in Yanjing.

The key to the struggle in the business world is the competition between connections and capital. Song Yi wants to build a network through the real estate project in Wangjing, to get in touch with and get to know more like-minded allies, and to make himself and the New Asia system a key link in the entire network, so as to resist the impact of the storm. "Dad, don't worry, I will definitely not cross the line, I will definitely abide by this bottom line. It happens that the whole family is here today, and I plan to go through the immigration procedures before the Spring Festival. After the Spring Festival, Taixi and I will go to the United States to get a marriage certificate." Song Yi said.

Song Mingzhe heard the first sentence "complete the immigration procedures", and Zhou Shulan heard the second sentence "get a marriage certificate with Taixi".

Zhou Shulan was very happy, "Xiaoyi, are you going to marry Taixi? Isn't she not graduated yet? When will the wedding be held, when will we go to Korea?"

Song Yi is already 26 years old this year. If he were in Ye Ji's hometown, he would have been married and had children. Moreover, Song Yi has such a large business, it is a good thing for him to get married early and have his own children. Song Yi's elder brother Song Bo is a lesson for him.

Song Mingzhe was not happy. His eldest son Song Bo died in the line of duty, and his youngest son Song Yi was about to immigrate to South Korea. When Song Mingzhe agreed to let Song Yi study in South Korea, he had thought of this day, but he did not expect it to come so soon.

He sighed, "Your grandfather participated in the Korean War and fought across the 38th parallel. I went to South Korea as a visiting scholar in the 1980s, and you are now staying in South Korea to develop your career. Nationality is not important. What is important is that you understand who you are, where you come from, and where you are going. Your grandfather beat up Chen Chengye's White Tiger Regiment. You can't be a traitor and bring shame to our Song family. Otherwise, even if I die, I will not be able to rest in peace."

Song Yi can understand his father's agitated emotions, which is also the ideological conflict between Song Yi and Song Mingzhe. Song Yi believes that changing nationality is a necessary business means to gain the trust of the Song Yuxi government that will take office next year, which conflicts with Song Mingzhe's beliefs.

The Song Woo-seok government is unwilling to sell the shares of the Korea Exchange Bank to foreign capital. Although the New Asia Capital Fund is a local Korean fund, the nationality of its founder Song Yi will definitely be criticized.

Song Yi is a core member of the Hyundai family. If he becomes a Korean citizen, New Asia Capital Fund will have a moral advantage in bidding for the shares of Korea Exchange Bank.

In addition to banks, Song Yi also targeted the Korean automobile industry. Daewoo Motor Group has been acquired by GM, so Xinya cannot get involved. However, Ssangyong Motor, the fourth largest automobile group in Korea, was acquired by Puqi Group for US$500 million in 2004.

The marriage between Ssangyong Motor and Pu Auto was a forced marriage. In the four years after Pu Auto acquired Ssangyong Motor, Ssangyong Motor's development was not optimistic. Finally, the Korean court declared Ssangyong Motor bankrupt and saved Ssangyong Motor through bankruptcy protection. Pu Auto lost control of Ssangyong Motor and paid a high price.

Song Yi wants to enter the electric car market, and acquiring Ssangyong Motor is undoubtedly the best choice. However, if Xinya acquires Ssangyong Motor, it may conflict with Hyundai Motor. After all, in the eyes of Hyundai family members, the automobile industry is Zhou Mengjiu's territory.

This is just like Hyundai Motor Group will definitely not acquire a bankrupt shipyard, which is also the tacit understanding between Zhou Mengjiu and Zhou Mengzhun. If Xinya acquires Ssangyong Motor, then there may be a new internal fight among Hyundai family members.  I don't know if there will be more in the evening, so I will write it first and send it out when it is ready. Thank you for your full subscription support!      (End of this chapter)


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