Chapter 1144
The embarrassment for the shareholders of Tongyong Electric has nothing to do with General Motors, and even the ownership of the two companies has nothing to do with it.
However, Tongyong Electric is not only involved in the military industry, but also produces various home appliances since 1962, and puts the company's new development direction in the future on electric energy.
As for the most profitable sector, of course it is the military industry.
However, although the profit of the military industry is high, the investment can be equally high and the research and development time is too long.
Fortunately, once there is a mature product, just like F16, it will last for decades.
But just a company specializing in the production of military industry, home appliances, and energy, the future market value can reach less than 600 to 700 billion US dollars.
So Tongyong Electric naturally began to learn from Morgan Stanley and entered the financial field.
Moreover, the financial sector's profits accounted for 48% of the company's total profits at its peak.
Since Li Changheng knew the successful development direction of Tongyong Electric in the future, he would of course give his opinions according to the original track, and give all the credit for the company's transformation to himself.
Morgan and others can understand Li Changheng's idea of reducing costs, but they can't understand why Li Changheng thinks that if the spare parts are handed over to the island country, the company will not be reversely restricted or even manipulated by the island country?
Li Changheng glanced at the people present, all of them hesitated, he could not help but smile, and stated his purpose.
"Gentlemen, since you are worried about the safety of spare parts supply, can we foster a partner and find a new opponent for our competitors?"
As soon as the words came out, the people present quickly understood, and Morgan even said directly, "Do you want to support and enter South Korea?"
"That's right," Li Changheng didn't hide his thoughts, "I'm sure that with the continuous increase in exports from the island countries, the biggest competitors in the manufacturing industry and even the financial field of the United States will be the island countries in the future.
But sadly, we do need island nations as the first line of defense against red polar bears.
So since we can't defeat our opponents in a short period of time, let's create more troubles and opponents for our opponents to disperse their energy and strengthen our strength. "
This is easy to understand, Morgan and others nodded quickly, and then Li Changheng said, "Although South Koryo is showing signs of development at this time, it is still in its infancy in general.
This gives us the opportunity to use technology, capital and the US market to buy bottoms and secretly control a country's industry, finance, real estate, and even the entire country. "
Falk.
After Morgan and the others cursed inwardly, they immediately became excited and excited when they thought about the prospect Li Changheng described.
Controlling a country is probably the ultimate wish of all capital.
"Finally", after Li Changheng finished speaking, he waited for a few seconds, when everyone's eyes looked at him again with fanaticism.
He smiled and said, "Based on my understanding of South Korea, the company can save about 5% to 7% of the cost in the manufacturing field if only labor costs are counted.
This is a real pure profit. If it is fed back to the stock market, I believe that the company's market value will increase by hundreds of millions of dollars just because of this cost-saving news.
And if we officially start to supply spare parts to us, the price gap between the home appliances we produce and the products of the island country should be narrowed.
As long as we regain even 10% of the market share, add in revenue from the financial sector, and reduce tax expenses, I believe it should not be difficult for the company's market value to exceed 20 billion. "
Not only is it not difficult, Morgan and others even think that if these news spread to the market, the company's stock price will rise sharply tomorrow.
Coupled with Li Changheng's entry into the electric company, news of several new plans was proposed, which was also known to Wall Street and investors.
The company's stock price may rise for 5 consecutive trading days, and the market value will increase by 20 to 3 billion, and it only needs to increase by 3% every day.
And this is why Morgan did not hesitate to agree to Li Changheng's proposal of 15% shares plus 700 million cash.
Shared equally by many shareholders, Morgan Stanley didn't lose many shares, let alone this year, because of the bet that Li Changheng would exchange Belford for electric shares.
The number of shares held by Morgan Stanley at this time has increased by 40% over a year ago.
In other words, even if Li Changheng was allowed to acquire 15% of the shares, Morgan Stanley not only did not lose money, but instead made a lot of money because the stock price was likely to rise sharply.
Now after hearing about Li Changheng's plan, everyone was so excited that they couldn't care less about how much effort and price it would take to achieve the goal.
As long as there is money to be made, capital will definitely be extraordinarily active and unscrupulous.
After Li Changheng took the initiative to express his goodwill, and his proposals were also approved by all shareholders of Electric, the negotiation of the share exchange quickly entered the fast lane.
Moreover, just as Li Changheng expected, banks such as Morgan Stanley, Wells Fargo and Americas sent representatives to South Korea first.
It is planned to use Tongyong Electric's technical support and help South Korean companies enter the US market as bargaining chips.
The first step is to force South Korea to open its financial market to a limited extent.
Li Changheng doesn't care about this, because neither the island country nor South Korea is a fool, and the negotiations on financial opening are bound to be protracted.
And even if the two countries agree, it must be a little bit more open.
On the contrary, cooperation in home appliances and semiconductors will be faster than expected because South Korea urgently needs foreign trade and jobs to improve the economy and stabilize the domestic environment.
As for Citigroup, they also hurriedly wanted to share a share of the pie. Not only did Li Changheng not stop him, he even asked Taylor Garnell to contact Stone Banks.
In the past few years, Banks' focus has been on South Korea. Not only does he have a certain understanding of this country, but he has already made friends with many powerful people.
In addition to the Silmido combat team, the number has increased from 24 to more than 100. Just because of the relationship between the military and related politicians, Banks is much stronger than banks such as Morgan Stanley.
After Li Changheng formally signed a share exchange agreement with the electric company and got 700 million US dollars of 15% of the shares, it is not surprising that many investors and financial institutions in the market quickly set their investment targets on this company.
And because the shares of HL Media could not be bought, and the shares of Citigroup were also difficult to buy, as soon as many investors heard the news, they immediately called the brokers and snapped up the shares of Tongyong Electric.
The company's stock price soared 11% that day, from 140 to 15.5 billion.
When all shareholders face Li Changheng again, they all want to kneel in front of him and worship him.
Because there is no doubt that this is the celebrity effect that Li Changheng himself has.
It is a model of a successful person who has succeeded too many times, no matter what he does, he will get the support of the market.
And Lee Chang Hyung's net worth also skyrocketed from the 11 billion to 13 billion predicted by the media before HL's listing to the recognized over 15 billion in an instant.