Chapter 996 Hanjin Group
In the evening of the same day, Li Guangyu met with Zhao Zhongxun, the founder and helmsman of another Korean consortium, Hanjin Group.
If South Korea in the 1970s and 1980s was the era of Kim Woo-jung, then the 1990s was definitely the era of Cho Chung-hoon. This man's largest accumulation of funds came from the military trade and transportation for the war between the United States and Vietnam.
At present, Hanjin Group is the absolute hegemon in South Korea's transportation. Whether it is shipping, Hanjin Shipping, or Korean Air, South Korea's largest civilian airline, are firmly at the top of the same industry in South Korea.
The strength of its subsidiary Hanjin Heavy Industries in the shipbuilding industry cannot be underestimated. Hanjin Group is definitely one of the dominant consortiums in South Korea. Hyundai and Daewoo can compete with it. I am afraid that the current Samsung does not have that qualification.
Li Jianxi's era is still in the future, and now he cannot compare with Zhao Zhongxun, Kim Yuzhong and Zheng Juyong.
Although Zhao Chongxun, who was born in 1920, is already sixty-six years old, he is still very energetic. He looks just over fifty years old, and there is no trace of him being an old man who is over sixty years old.
In the reception room, after sitting down with Zhao Chongxun, Li Guangyu said: "Mr. Zhao, I am very happy to meet you. Over the years, due to various reasons, I have not met you. Today, I finally eliminated some regrets in my heart.
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There are some reasons why Li Guangyu and Zhao Chongxun did not meet. Zhao Chongxun is different from Zheng Juyong, Li Jianxi, and Kim Yuzhong. Hanjin Group, which started by transporting supplies for the US military, has been greatly influenced by the United States.
The Lee Consortium and the Japanese Consortium are competing fiercely with major American consortiums and companies in the U.S. market, and Hanjin Group is obviously unwilling to participate in the competition with the United States.
At present, there is not much cooperation between Hanjin Group and the Lee Group. On the contrary, there is greater competition. Hanjin Group Shipping Group and several major shipping groups in Hong Kong are in a competitive situation, such as Wheelock Shipping Company under Li Guangyu, whose father-in-law
Wanbang Shipping, a subsidiary of Cao Wenjin.
In terms of aviation, although they both belong to the Star Alliance, there is still competition between them, but it is relatively reduced. Xiangjiang Airlines currently only has a few routes to South Korea that compete with Korean Air.
This time Zhao Chongxun came, and Li Guangyu couldn't figure out what his intention was. Currently, his relationship with the Li Group was pretty good. Li Guangyu had met several times, mainly Zheng Zhouyong, Li Jianxi, and Jin Yuzhong. They also had some relations with each other.
The joint venture between Xinyi Geji Iron Mine and Yingya Investment Company is both partners.
As for Hanjin Group, Lotte Group has a very normal relationship with it, and competition is greater than cooperation. Especially for Lotte Group, the competition between the two parties is not small in Korean supermarket retail.
If South Korea is the era of Kim Woo-jung in these ten years, then Hong Kong is definitely the era of Lee Guang-woo, and even the whole of Asia is his era.
Over the years, Zhao Chongxun has heard about this young man's deeds dozens of times. Son of God, guarded by the goddess of destiny, young genius, legendary boy...
This series of praises have been placed on the head of the young man in front of me. There has never been anyone in the world who can compare with this one. In just eight years, its subsidiary Li Group has become one of the top financial groups in Asia.
Across multiple industries such as finance, real estate, electronics, retail, and media.
I came here specifically to meet with Li Guangyu this evening, hoping to make good friends with Li Guangyu and prevent Hyundai Group from joining forces with the Lee Group to suppress Hanjin Group.
Competition within South Korea is also fierce. Several major consortiums have overlapping businesses in multiple industries. Everyone hopes that their own industries can monopolize the Korean market.
Although his relationship with the United States is pretty good and he has a deep relationship with the U.S. military, these are not enough to guarantee the security of Hanjin Group.
If Hyundai Group gets the full support of the Japanese consortium and the Lee Consortium, it is very likely that Hanjin Group will not be able to withstand such pressure.
Zhao Chongxun said: "Mr. Li, your name and deeds have long been well known to me, and I am very honored to meet you."
During the subsequent conversation, Zhao Chongxun proposed cooperation in aviation, specifically hoping to establish a joint venture with Xiangjiang Aircraft Engineering Company to establish an aircraft repair and maintenance company at Seoul Airport.
Li Guangyu himself does not want to be involved in the battles among Korean consortiums. Cooperating with Korean Air is more beneficial to Xiangjiang Airlines.
Since the relationship between the two parties is not very familiar, we have only discussed one cooperation at present. As for other cooperation, it depends on future development.
After all, the two parties have not yet established a foundation of trust, which cannot be established at once.
After sending Zhao Chongxun away, Li Guangyu said to Gan Qin: "Inform Zhao Wenhua and ask him to arrange for the chairman of Xiangjiang Engineering Company to come to Seoul to discuss with Korean Air to establish a joint venture for an aircraft repair and maintenance company."
Gan Qin responded: "Li Sheng, I will contact Zhao Sheng right away."
Gan Qin knew that the Lee Consortium would have no chance to establish its own base in South Korea. The main routes here were monopolized by Korean Air. Neither the South Korean government nor Hanjin Group would allow Xiangjiang Airlines to use this as its main hub.
route.
At present, Xiangjiang Air Transport Group has established its own bases in Xiangjiang, Taoyuan, Kuala Lumpur, Bangkok, Vancouver, and Heathrow Airport. Using these airports as its main hubs, it has opened routes to many cities around the world.
Xiangjiang Airlines will also establish civil aviation bases in Brazil and a city in Eastern Europe as its main hub airport. In this way, Xiangjiang Airlines' layout will be basically complete.
As for the African side, Gan Qin is not sure what Li Guangyu's plan is. After all, the African side is not very peaceful, and the dispute between South Africa and Angola has not yet been resolved.
After Gan Qin left, Li Guangyu was thinking about the relationship between these consortiums in South Korea. Just like Japanese consortiums and American consortiums, Korean consortiums also fight with each other within themselves.
It really echoes the old saying, where there are people, there will be fights. The reason why Xiangjiang is not so fierce at present is mainly because the strength of Li's consortium is too strong. The strength of these families is far from comparable to that of Li's consortium.
In addition, Xiangjiang is too small and has no heavy industry. It was dominated by the British consortium for a long time, which made these families relatively united. After the defeat of the British consortium, the Li family's strong rise made them less familiar.
A big conflict of interests.
In addition, with Xiangjiang Bank as the center, many top families in Xiangjiang are connected together, so there is no such situation.
These consortiums in South Korea are different. They have similar strengths and overlap in some major industries. For their own interests, they hope that the other party will go bankrupt so that they can successfully take over the other party's market.
For example, Daewoo Heavy Industries, Hanjin Heavy Industries, and Hyundai Heavy Industries are all involved in the shipbuilding industry. Daewoo Group is also targeting the automotive industry. Daewoo Motors is Hyundai Group's main rival in South Korea.
In the construction industry, Hyundai, Samsung, and Daewoo are also competing for the market.
At present, the Lee Consortium and the Korean Consortium mainly focus on cooperation. Competition will be a problem many years from now. Li Guangyu now needs to think about which companies to cooperate with are more beneficial to the Lee Consortium.
Chapter completed!