I want to be a chaebol - Chapter 288 Korean Landmark: SA World Tower!

When Song Yi just returned home, Xia Meiai hurriedly walked to the courtyard to prepare to greet Song Yi. When Song Yi saw Xia Mei’ai step down to greet her, Song Yi’s vanity exploded. He walked quickly to Xia Mei’ai, shook hands with Xia Mei’ai and said hello.

“Mr.

Xia Meiai smiled and said, “It’s okay. Taixi and I were chatting together just now, and we had a lot of fun.”

“President Song, I’m going to criticize you on this point. Tae Hee is so capable, why were you reluctant to let her take care of SA Group’s subsidiaries before? You had to wait until SA Media Group separated from SA Group. Are you too cautious if you are willing to let her come out to do things? You founded SA Group alone, are you still worried about other members of the board of directors gossiping?” Xia Meiai said with a serious face.

Kim Tae Hee was moved when she heard that Xia Mei Ai was complaining for her, “Actually, I don’t blame him. The main reason is that I was reluctant to hand over the THK clothing brand to professional managers. I built the THK service brand step by step. Just like my other child, I can’t take over HugeDream Cinemas without hiring professional managers.”

HugeDream cinema chain is already the largest cinema chain in South Korea. HugeDream cinema chain has been built next to all 16 Wal-Mart supermarkets in South Korea. HugeDream Cinema Line has little room for growth in the Korean market. If it wants to grow its business scale, HugeDream Cinema Line must accelerate its deployment in the mainland market.

The SA Group also has a film and television company in the Mainland, New Asia Culture Media. In order to better disseminate the movies produced by New Asia Culture Media, HugeDream Cinemas will also have to open several more cinemas in the Mainland.

New Asia Culture Media already has two directors, Zhang Yimou and Ning Hao. After “The Golden Armor” was released, Zhang Yimou announced his departure from New Picture and joined New Asia Culture Media.

Zhang Weiping was obviously unhappy and accused New Asia Culture Media of being unkind. New Asia Culture Media poached Zhang Yimou before the contract period between Zhang Yimou and Zhang Weiping expired. Zhang Weiping is planning to sue Zhang Yimou and New Asia Culture Media, demanding that they bear liquidated damages for Zhang Yimou’s termination of the contract.

Zhang Yimou said that New Picture Pictures and Zhang Weiping had misappropriated his income, and demanded that New Picture Pictures must disclose its accounts and compensate Zhang Yimou for his creative income. The two companies, New Picture Pictures and New Asia Culture Media, were quarreling with each other, and other people in the film and television industry were watching the fun.

Later, the relevant departments couldn’t stand it anymore and came forward to warn the new picture and asked him to calm down. Zhang Yimou is now the chief director of the Olympic Games opening ceremony. If Zhang Weiping affects the Olympic opening ceremony, then New Picture Pictures’ future movies will not be released in the mainland.

Song Yi glanced at Taixi and said, “If Taixi joins SA Group as soon as he graduates, SA Group’s senior management team may not be convinced by Taixi. I have never wanted SA Group to become a mom-and-pop shop.”

“Taehee has been practicing outside for three or four years, and she has made THK clothing brand a representative of Korean luxury women’s clothing brands. She has also put in a lot of efforts. Now that Taehee has taken over as the president of HugeDream Cinemas, there is no objection to HugeDream Cinemas. .” Song Yi explained.

“Whether you are in a shopping mall or an officialdom, seniority is very important. Song Yi, we are all our own people, so there is no need to hide some things from you.”

“South Korea’s economy has been somewhat sluggish in the past two years. This year’s GDP growth rate is expected to be 5%, and foreign corporate investment has been declining for two consecutive years. The Korean economy has shown an overall downward trend, and how to better boost the Korean economy has become an open question. The focus of debate between the National Assembly and the Grand National Party.”

“Now, many members of the Open National Assembly claim that I have not served as a local government governor or the head of the economic department and am not very good at economic affairs. They are asking to recommend Prime Minister Zhou Yuncan to participate in the presidential election in the second half of the year. The president is also busy for this matter. I’m so worried.” Xia Meiai complained to Song Yi.

“If Zhou Yuncan is really good at economic affairs, then why has South Korea’s economy been so sluggish in the past two years? These people actually don’t want a female president with a strong personality. Many leaders of South Korea’s large conglomerates are mired in various lawsuits and countersuits. SK’s Choi Anyuan has not been released yet, and Uncle Meng Jiu is also under investigation by the prosecutor and may be convicted of embezzlement. The exports of Samsung Electronics and Hyundai Motor have not improved, so how can the Korean economy perform well?” Song Song Yi asked back.

Xia Meiai deeply agreed, “Who says it’s not the case? Moreover, the Korean economy has not been without bright spots in recent years. SA Group has broken the monopoly of the five major consortiums. Song Yi, you are the first in Korea to enter the top five of the Forbes rich list. Super rich man, you have now become the brightest business card of South Korea’s economy. When the president visits other countries this year, he will give the Galaxy S1 series mobile phones as national gifts. After all, Galaxy S1 is the world’s first touch-screen smartphone, and it is also a symbol of South Korea’s technological strength. Symbol.”

When Song Yi heard what Xia Meiai said, he just wanted to complain. The success of the Galaxy S1 series of smartphones relies more on the support of the technical team of Gaojin Electronics Puhai Research Center. How can this mobile phone become a symbol of South Korea’s technological strength? Already?

“Regarding the Galaxy S1 series of mobile phones, there are also many controversial voices in Congress. Gaojin Electronics’ scientific research center is set up in Puhai, Luxshare Technology’s foundry is set up in Yangcheng, and the memory chips come from Liangxi Semiconductor Factory.”

“The research and development and production of the Galaxy S1 mobile phone are all completed in mainland China. After the mobile phone is assembled, it is transported to South Korea through customs for sale. Many lawmakers have begun to question whether Gaojin Electronics is a Chinese company or a Korean company. Enterprise, is the Galaxy S1 series mobile phone considered a Korean mobile phone or a Chinese mobile phone? Is it appropriate for the president to use the Galaxy S1 series mobile phone as a national gift from South Korea and give it to other heads of state? Is the president advertising Gaojin Electronics in disguise?” Xia Meiai continued said.

When Song Yi heard what Xia Meiai said, he just wanted to scold her. Even though Song Yi had good personal relationships with many big guys in the Open National Assembly, there were still many members who couldn’t stand the SA Group and Song Yi. No matter how rich Song Yi is personally, it is impossible to distribute money to them. The rise of SA Group will affect their economic interests.

“SA Group is a multinational company. The success of Gaojin Electronics has concentrated the best talents from China, the United States and South Korea. Simply defining SA Group as a Korean company or a Chinese company is biased, but the headquarters of SA Group will always be in Seoul. , in order to show our SA Group’s determination to take root in Seoul, our SA Group is planning to build a skyscraper in Seoul as the new headquarters building.” Song Yi said.

When Xia Meiai heard what Song Yi said, her eyes instantly lit up. If the SA Group built a skyscraper in Seoul, it would also be an achievement of the Open National Assembly.

“Skyscraper? What is the height of the SA Group’s new headquarters building? It can’t be lower than the 63 Building, right?” Xia Meiai asked hurriedly.

The headquarters of Asan Group was previously located in the 63 Building, which is also a landmark building in Seoul.

The full name of Building 63 is Daehan Life 63 Building, with a total of 63 floors, 3 floors underground and 60 floors above ground. The total height is 264 meters.

Building 63 was the tallest building in Asia in the 1980s. This building stands beside the Han River. The double reflective glass on the surface of the building reflects the golden brilliance in the sun, so Koreans are also used to calling this building the “Golden Tower” “. Although it is not the tallest building in South Korea now, it has always been the tallest building in the minds of Koreans.

When Song Yi heard what Xia Meiai said, he laughed, “Mr. Xia, you underestimate the strength of our SA Group.”

“The height of SA Group’s new headquarters building is at least higher than Nanshan + Seoul Tower. When the SA Group headquarters building is completed, it will become the highest on the peninsula.” Song Yi said confidently.

Xia Meiai calculated in her mind that the height of Nanshan is 265 meters and the height of Seoul Tower is 236.7 meters. Seoul Tower is also the current landmark building of Seoul.

If the SA Group’s new headquarters building is taller than the Seoul Tower, then the height of this skyscraper will be at least more than 502 meters!

The height of Ryugyong Hotel in Pingjing is 330 meters. Song Yi said that there is nothing wrong with SA Group’s new headquarters building being the tallest on the peninsula.

“I heard that the United States has been preparing to rebuild One World Trade Center at the site of the Twin Towers since last year. The design height of One World Trade Center is 1,776 feet (541.3 meters), which is the same year as the founding of the United States. If SA Group builds a new headquarters building, I I hope your new headquarters building will be taller than One World Trade Center.” Xia Meiai put forward her own suggestion.

Song Yi was a little surprised. He didn’t expect that Minister of Justice Xia Meiai would pay attention to the reconstruction of Building 1 of the World Trade Center.

After entering the 21st century, large Korean consortiums began to build skyscrapers again.

Lotte Group built Lotte World Tower in Seoul, next to Lotte World, with a total height of 555 meters.

Not to be outdone, Hyundai Motor Group is preparing to build the Hyundai Motor Headquarters building. Hyundai Motor’s original design height was 553 meters, two meters shorter than the Lotte World Tower.

As a result, when the building was ready to start construction, Hyundai Motor Building revised their design plan. The total number of floors of the building remained unchanged at 105 meters, but the building height changed from 553 meters to 569 meters. When the Hyundai Motor Headquarters Building is completed, it will overtake the Lotte World Tower and become the tallest building in South Korea.

It is now 2007, and neither the Lotte World Tower nor the Hyundai Motor Headquarters Building has begun construction. The SA Group’s new headquarters building will become South Korea’s first ultra-tall building with a height of more than 500 meters.

If the 63 Building built in the 1980s is the iconic building of the Miracle on the Han River, then the SA Group’s new headquarters building will also become the most shining architectural business card of the Korean economy in the 21st century, and it will also greatly enhance the self-confidence of Koreans.

In fact, after thirteen years of design and planning, the Lotte World Tower was approved for construction by the Seoul City Government in the second half of 2010, and a groundbreaking ceremony was held in March of 2011.

The reason why Song Yi is preparing to build the new headquarters building of SA Group is to get ahead of Lotte Group and build the landmark building of Seoul City: SA World Tower in advance.

After the approval of SA World Tower is passed, Song Yi will do the work of the Seoul City Government to get the Seoul City Government to reject the construction plan of Lotte World Tower. Park Dong-ho was re-elected as the mayor of Seoul last year. At least a decade ago, the construction project of Lotte World Tower would not have been approved by the Seoul City Government.

Song Yi’s initial idea is to build a 118-story super high-rise building with a total height of 568 meters. These include AXA Hotel, THE Art Museum, luxury apartments, large shopping malls, SA Group office buildings and some office buildings for rent.

Song Yi gave Xia Meiai a positive reply, “SA Group’s new headquarters building is tentatively named SA World Tower. The height of this building will not be less than 550 meters or more than 600 meters. The specific height of the building will have to wait. The architectural firm’s design plan also depends on the city government’s environmental impact assessment.”

When Xia Meiai heard what Song Yi said, she felt reassured, “Okay, with your words, I feel relieved. I will report to the president tomorrow, and the president may summon Mayor Park and you , I hope you can make a brief report on the SA World Tower.”

“We must work as fast as possible rather than too late. We must get the approval for the SA World Tower before March next year. Construction can be officially started by the end of 2008 or early 2009 at the earliest. In 14 or 15 years, this The building will be completed and open to the public. By then both the president and I will be retired, and we can visit the SA World Tower as ordinary citizens.” Xia Meiai couldn’t help but look forward to the future.

“I have no problem here. The SA World Tower is mainly used for independent offices, and there is indeed a strong demand. From a cost saving perspective, building a new headquarters building is far more cost-effective than renting other office buildings now.” Song Yi explain.

Although Xia Meiai didn’t understand design, she couldn’t help but discuss the appearance design of the SA World Tower with Song Yi.

After Xia Meiai returned satisfied, Jin Taixi noticed Song Yi’s tired look. Kim Tae Hee stood behind Song Yi, rubbing Song Yi’s shoulders and neck, “A 550-meter skyscraper should cost at least 2 billion U.S. dollars.”

“SA Telecom and SoftBank just acquired part of Sprint’s shares not long ago, and it is said that they spent another 5 billion US dollars. Although the Galaxy S1 series of mobile phones are the cash cows of the SA Group, they can’t help but make them like this.”

“I heard that SA Group is also preparing to launch the East China Sea oil pipeline plan. This is another major project costing one billion US dollars. SA Group is spending money like this. Aren’t you worried that SA Group’s capital chain will collapse?” Jin Tai Nozomi is a little worried.

The average selling price of the Galaxy S1 series mobile phones exceeds 5,000 yuan, and global sales of the Galaxy S1 series mobile phones are expected to be between 10 million and 12 million units. The Galaxy S1 series of mobile phones will bring revenue of approximately 50 billion to 60 billion yuan to SA Group. Although the money seems to be a lot, if SA World Tower, the East China Sea Oil Pipeline and the acquisition of Sprint are launched at the same time, the SA Group’s funds are still somewhat stretched.

Song Yi pulled Kim Tae Hee and asked her to sit on him, and the two sat facing each other and chatted. Song Yi explained to Kim Tae Hee: “SA World Tower does not require full payment. Our group only needs to raise US$400 million to US$500 million in start-up capital.”

“When we acquire the land, we can use it to make loans from banks. The main builder of SA World Tower must be SA Real Estate. We will pay the project payment in batches according to the project construction progress. If the remaining US$1.6 billion is divided into five For six years, we only need to pay US$230 million per year, which will not affect SA Group’s liquidity.”

“The East China Sea oil pipeline plan has not yet been implemented. It is just an initiative. Whether it can be completed remains to be seen. Even if the oil pipeline is to be built, the government will have to fund it by then. We cannot be the main source of funding. SA Telecom and SoftBank jointly acquired Sprint shares .Although SA Telecom has established a joint venture with SoftBank, SoftBank still takes the majority share in this joint venture, and the US$5 billion allocated to SA Telecom is actually not much.”

“Don’t worry, I always do things very safely and never fight an unprepared battle. After the SA World Tower is completed, the 117th and 118th floors will be turned into observation halls for tourists to visit. The 116th floor will be left to you, you can build It’s a T.H.E private art gallery, not open to the public. It’s quite pleasant to invite three or five friends over to have a gathering, drink tea, and look at the collection.” Song Yi said.

After listening to Song Yi’s explanation, Jin Taixi breathed a sigh of relief, “Husband, I like it very much when you tell me some company things. I may not understand it very well yet, but I can learn. You are the towering tree of SA Group , we are all well protected by you under your shade. But we still have to go out and experience the wind and rain, so that we can grow up faster and become your true helpers, so don’t hide some things from me. We are husband and wife, Enjoy the blessings together and bear the difficulties together, okay?”

Song Yi looked at Kim Tae Hee, kissed her little mouth, and agreed happily, “Okay!”

In mid-March, Song Yi went to the Blue House and reported to Song Woo-seok the relevant information about the SA World Tower. SA Group plans to continue to cooperate with Zaha Hadid Architects this time. Zaha Hadid Architects previously designed the Wangjing Center office building for SA Real Estate. The H-shaped Wangjing Center Office Building has also become a landmark building in Wangjing area.

In April, Korean media began to build momentum for the SA World Tower, including “Song Yi, Asia’s richest man, wants to build the tallest building in South Korea”, “Unraveling the mystery of AXA, the top luxury hotel in the SA World Tower”, “The total cost of the SA World Tower project exceeds 2.5 trillion won, why are large consortiums keen on building skyscrapers?”

Kim Gak-ho and his son from the Lotte Group were furious after seeing the reports about the SA World Tower. The Lotte World Tower has never been approved, and the South Korean military did not agree to build the Lotte World Tower. They believe that if a war breaks out between North and South Korea, Lotte World Tower will be a live target for North Korean artillery. Super high-rise buildings will also affect flight safety when taking off and landing aircraft at Gimpo Airport.

The Lotte World Tower has not been approved for ten years. Song Yi plans to build the SA World Tower. Why is it that everyone in Seoul and South Korea supports it.

The Dong-A Ilbo even pointed out that the SA World Tower is a concentrated display of South Korea’s national strength and provides a new Seoul business card for the Seoul International Expo held in 2012. Jin Gehao and his son have already seen that compared to the SA Group, the Lotte Group is indeed unpopular.

It’s the end of the month, so I’ll update in advance, there will be another chapter on the 31st. Thank you all for your monthly votes!