Introduction of Daewoo Group

Jin Yuzhong is one of the most important figures in South Korea's economic globalization. He was once known as the pioneer of South Korea's "world management" and brought courage and hope to a whole generation of Koreans. 1936 65438+February, Jin Yuzhong was born in a scholarly family in Daegu, South Korea. His father is a middle school principal, once served as a university professor, and his mother has also received higher education. The outbreak of the Korean War destroyed this peaceful well-off family. When his father died, the burden of supporting his family fell on Jin Yuzhong, who was 0/4 years old. He sold homemade cold drinks and radishes, and later found a job as a newsboy, and the business talent in young Jinyu also appeared. Unlike most newsboys, he didn't choose a market with a large flow of people, but went to a remote market with northern refugees to sell newspapers, because people who are eager to get news from their hometown prefer to read newspapers. Paid newspaper selling is almost the only newspaper selling mode for newsboys all over the world, but Jin Yuzhong thinks it is a waste of time. In order to get the newspaper first, he sends it to familiar customers quickly every day, and then comes back to collect money one by one. In this way, Jin Yuzhong became a well-known newsboy in Daegu.

At the age of 20, Jin Yuzhong met a noble person in his life. Neighbor Jin Rongshun, the president of Seoul Industrial Co., Ltd., saw the talent in Jinyu very early. With the support of Jin Rongshun, Jin Yuzhong graduated from the Economics Department of Yonsei University School of Business Economics, and then naturally entered Seoul Industrial Company and went to Southeast Asian countries for further study. 1967, Jin Yuzhong established his own "Daewoo Industrial Co., Ltd." in partnership with friends. At first, the company had only five employees, less than $65,438+$0,000. But in seven years, he increased Daewoo's capital by 800 times compared with when he started his business. Since then, he has set foot in heavy industry, construction, electronics, finance, chemistry, automobile, shipbuilding and other fields, and built Daewoo into a comprehensive large-scale enterprise group. By 1986, Daewoo had 27 sub-groups, 85,000 employees and 67 overseas branches, making it the second largest consortium in Korea after Hyundai Group and one of the top 500 enterprises in the world.

Even among Koreans who are known as workaholics, Jin Yuzhong can be regarded as a "super workaholic". It is said that in his more than 30 years of work, Jin Yuzhong always takes only two days off-one is his daughter's wedding and the other is his son's funeral. He gets up at 5 o'clock every day and goes to bed at midnight. In order to improve work efficiency, he stipulates that no meetings are allowed during office hours, and all work meetings are held on time at 6 o'clock every morning. This meeting presided over by him personally is called "Dawn Meeting". Daewoo's rapid development stems from Jin Yuzhong's diligence and adventurous spirit.

Still regarded as a "hero"

However, it was Jin Yuzhong's adventure that brought down the Daewoo Empire. Since 1993, Daewoo Group has employed 320,000 employees in 1 10 countries with loans, spread its stalls in almost all product industries, and even planted wine grapes with meager profits. However, just when Jin Yuzhong's dream of world management was in full swing but not yet profitable, the Asian financial crisis broke out and Daewoo's debt crisis broke out in an all-round way. 1999, Daewoo declared bankruptcy with debts of $80 billion. Jin Yuzhong left the country one day without warning. A brilliant enterprise empire has just gone up in smoke. It was not until 2005 that he ended his six-year escape career and returned to China to surrender himself in exchange for peace of mind.

After Kim Yu-chung fled, the government issued a global wanted order for him, and the police investigation revealed the number one financial shady in South Korea directed by him. Someone calculated an account for him: the amount involved was 99 trillion won, equivalent to the budget of 5438+0 in South Korea in 2006. If these banknotes are arranged in a row according to 10000 won 1, they can circle the earth 40 times; According to the population of 48.2 million, every Korean can get 2.05 million won! In the past seven years, how to evaluate Kim Yu-chung has been a controversial topic among Koreans, with different opinions, and Kim Yu-chung's popularity is still very high. In the online survey of "Who is the leading hero in the economic field" conducted by MBC TV in South Korea last year, Jin Yuzhong ranked fourth. Zheng is Jin Yuzhong's wife. Different from the traditional image of Korean chaebol wife, Kim Yu-chung's wife, Zheng, is recognized as a "heroine among women" by Korean economic circles. She is straightforward, even a little spicy. By her own admission, her husband is quiet and silent, but she is "a straight bucket with reservations." She once said privately that it was not her original intention to be a "Mrs. chaebol" and she didn't want to be "smuggled by the media at any time". However, after meeting Jin Yuzhong, she originally studied the history of oriental art at Harvard University and resolutely returned to China for her lover.

At the time of Daewoo Group's glory, Zheng served as the chairman of Daewoo Development Company, the backbone enterprise of the group, and concurrently served as the chairman of Hilton Hotel in South Korea, and galloped in the business world with her husband. From the unique perspective of women, she put forward many good suggestions for her husband, which made Daewoo create many "firsts" in the business world, such as the concept of "Daewoo family", encouraging couples to go together when sending employees overseas, and greatly increasing spouse subsidies. After Jin Yuzhong left the country alone, Zheng was unbearable, his health deteriorated rapidly, and he was hospitalized several times for surgery. Some auction companies want to take advantage of Daewoo's bankruptcy and call Zheng many times to ask if they want to auction their art collections. Zheng explicitly refused, because those are "works of art that President Jin likes".

Zheng, who lives alone, began to adjust his state. She studied the piano because "it is an activity that can be played by one person" and tried to get together with her young friends and seek comfort from their friendship. As a result, the strong woman quickly recovered and found her place in the business world again. At present, she owns several famous golf courses in Korea and the powerful "Bill Koryo Company", which has become the pillar of her family.