1100 [birth of a new chaebol]
Song Zhichao remembers clearly that as a "experienced person", in his era, a movie was filmed by South Korea, called "Day of National Bankruptcy".
The content of the movie is the economic crisis faced by the entire country after South Korea suffered a severe blow in 1998. Especially the major banks in South Korea declared bankruptcy. In the end, South Korea received tens of billions of dollars in aid from the World Monetary Fund, and the joint efforts of the Koreans made South Korea through the bankruptcy crisis.
In fact, South Korea was actually "bank" at that time. Although it received assistance from the IMF, the organization was actually under the control of the United States. In other words, South Korea was eventually forced to accept many unequal treaties and sold out N national interests, and then survived.
Song Zhichao clearly knows South Korea's weaknesses and the despicableness of the United States. Therefore, this time, Song Zhichao let his two major investment companies, Hong Kong Wanxin International and Thailand's Angel Fund, work together to short the Korean stock market, which eventually led to the collapse of the Korean stock market under the influence of countless international speculators.
That is, this morning, Song Zhichao had already received news that Hong Kong Sad International Investment Corporation and Thailand's Angel Fund made a total profit of US$5.3 billion in this financial war.
The South Korean government can no longer withstand external pressure, no longer demands face, and officially declares the country bankruptcy.
This is actually a very correct choice for the South Korean government to do this, because after the bankruptcy procedure is initiated, many debts do not have to be repaid, and the South Korean economy can be "reborn" on the basis of bankruptcy, but this reputation is not good. After all, South Korea is one of the "Four Asian Little Dragons".
At this moment, the huge Samsung electronic conference room was howling.
Koreans with overweight national self-esteem can't help but cry. They are all heartbroken about the situation in which the country is facing such a situation.
Among them, Daegu mayor Park Kwang-chung was even more crying, and sat on a chair and beat his chest and stamped his feet.
"Impossible! My Republic of Korea!"
“My country will not go bankrupt!”
“My country is not that weak!”
"My Republic of Korea!"
"Woooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
Listening to these crying sounds, Song Zhichao felt like he was watching a show, and the people in front of him were all actors.
Maybe Song Zhichao is not a Korean, so he can't really experience the grief of these Koreans at this moment.
But among so many people, there are also sober.
For example, Samsung president Lee Kun-hee, and LG president Gu Benmao.
As chaebols among Korean chaebols and strong men, although they were also shocked by the amazing news in front of them, they were not as pessimistic and desperate as others. On the contrary, their minds were turning quickly, and they were immediately considering the current situation of their own group and the gains and losses during the period.
That's right, South Korea went bankrupt and the stock market collapsed!
In other words, as Korean chaebols, their assets will soon shrink, and even many of their subsidiaries will go bankrupt one after another, and many large banks will chase them to pay back their debts.
The Korean won will continue to depreciate, prices soar, and the salary of tens of thousands of people under the group will immediately become a huge burden. The group is in trouble. If there is a slight mistake, the entire group will fall apart.
Both Samsung and LG are facing a very serious problem now - whether to survive or destroy?!
...
Song Zhichao no longer wanted to look at this place, stood up from his seat, and nodded to everyone, meaning he was sorry, I was leaving.
But before Song Zhichao turned around and took two steps, he heard a voice behind him saying, "President Song! Please stay!"
Song Zhichao didn't have to look back and knew that the person who let him "stay" was Lee Kun-hee.
Song Zhichao turned around slowly and saw that the Samsung President Li, who was originally rebellious and arrogant, had a passionate smile on his face at this moment.
"President Li, I wonder what it is worth to call me?" Song Zhichao pretended to be confused.
Lee Kun-hee didn't care about her face, "Of course, we will discuss our issue today, and Song Group will acquire Samsung Electronics."
"Oh, didn't President Li just say that there was no room for negotiation on this matter?"
"President Song laughed - how can there be a business in this world that cannot be negotiated?"
"Is that so? Then I'll bother you again." Song Zhichao returned to his seat.
At this time, under Lee Kun-hee's scolding, the Koreans who were crying bitterly also held back and sat back on their original positions with a look of kinship.
Everyone wiped their tears one by one, turned grief and anger into strength, and prepared to welcome this new round of negotiations.
Whether it is Samsung Lee Kun-hee, LG Gu Benmao, Lee Jae-yong, Lee Bo-jin... Even Ren Youzai, who is considered to be a mud, knows that the dominance of the next negotiation has been transferred to the opposite side - Song Zhichao.
Song Zhichao is still the only one who is against Samsung and LG.
Before, he was lonely and pitiful.
But now, he seems to be a mountain, even if he is alone, it makes people feel unattainable and gives people an invisible pressure.
Lee Kun-hee looked at him and sighed in her heart.
...
The negotiations went on for about an hour.
"President Song, you are stubbornly stinging the price of one billion. Do you see our country declared bankruptcy and the stock market collapsed, and you want to take advantage of the situation?" Lee Kun-hee could no longer help but be angry.
Before, he didn't take Song Zhichao's words "acquiring Samsung Electronics by one billion" seriously, thinking that Song Zhichao was crazy and was joking.
But now he knew that Song Zhichao was not only not crazy, but also shrewd and ruthless.
Acquisition of Samsung Electronics for $1 billion?
Before, Song Zhichao bargained for 1.5 billion yuan, but in the blink of an eye, 500 million yuan was reduced. Who can bear it?
What’s even worse is LG Electronics. Song Zhichao’s previous offer was 1 billion US dollars, but now it is 500 million, which is half the price.
Therefore, LG President Gu Benmao is so angry that he can't speak. He only sees Lee Kun-hee and Song Zhichao face each other in a tit-for-tat way, who can fight against whom.
When the negotiations were in this way, everyone had already tore off the mask of civilized people and began to stimulate and defeat the other party with the most primitive words.
If someone who doesn't know the situation sees this scene here, he will definitely be surprised and thinks he is buying and selling vegetables in the vegetable market.
Whoever has a loud voice, a strong aura, and a sharp speech, can score in negotiations.
"You can't say that," Song Zhichao was a little tired and his voice was hoarse. He regretted coming alone. He should bring the fat man Qi Wanda and his cousin Zhu Fugui. By the way, he should also bring the "Korean traitor" Ma Dongxi. At least this guy's Korean language is even smoother than himself, and many words may be expressed more clearly.
"One time and another time, we need to look at the right time to do business; Besides, I have reminded President Li before that the value of Samsung Electronics will change dramatically, but President Li thinks I am laughing. Now, when things happen, we can't reach an agreement! Otherwise, we will take a break first and talk about it in a few days, what?"
Lee Kun-hee felt powerless about Song Zhichao's silly behavior, and Samsung couldn't afford to wait now.
Not to mention anything else, he will be surrounded by those bank bosses when he returns to Seoul from Daegu.
You must have money to turn over.
But Lee Kun-hee is unwilling to sell Samsung Electronics for 1 billion US dollars.
Because he knows the true value of Samsung Electronics, even if it is not worth three billion, it is worth 178 billion.
A billion is like buying it? Just kidding!
"President Song, just think I beg you," Lee Kun-hee suddenly changed her tone and changed her strategy. "You should know better than anyone else about the value of Samsung Electronics. Now our group is facing difficulties, and I hope you can help."
Faced with Lee Kun-hee's sudden "supplication", Song Zhichao was not surprised at all, because he knew that these old foxes were so scheming and were unwilling to give up a little profit until the last moment.
Song Zhichao: "I want to help too, but my money is not blown by the strong wind. In addition, I am well aware of the difficulties Samsung Group is facing at this moment, so I have several more suggestions. It is better for your company to sell me Samsung Heavy Industry and Samsung Life, and I will give you a good price!"
Lee Kun-hee: “…”
I never expected Song Zhichao to be so cruel.
Samsung Heavy Industry and Samsung Life are the lifeblood of Samsung Group.
One is an indispensable large company in South Korea's heavy industry, and the other is a leader in South Korea's insurance industry.
Samsung has been making money from these two companies in recent years.
...
Taking a deep breath, Samsung President Lee Kun-hee had to suppress her anger, "President Song, your appetite is too big!"
Song Zhichao smiled slightly: "I'm just giving a suggestion - isn't Samsung short of money? I'll give it!" He also spread his hands to everyone.
Lee Kun-hee: “…”
He was actually angry and laughed.
Everyone around was also amused and crying.
Song Zhichao is simply more scoundrel than a scoundrel.
The meaning is very obvious. It’s not that I don’t give the money, it’s that you don’t sell it.
"Okay! Okay!" Lee Kun-hee couldn't help but shake her head, "President Song, we don't want to argue with you anymore. If you say a thousand words, you will not give in, right?"
Song Zhichao smiled slightly: "It's not that I refuse to give in, it's that the President is unwilling to sell it, is it?"
Lee Kun-hee smiled bitterly, "One billion is really too little - let's do it, as you said before, Samsung Electronics is priced at $1.5 billion..."
Before Song Zhichao could speak, Lee Kun-hee said again: "Of course, we won't let you suffer a loss - as long as you take out another 1.5 billion US dollars, you can choose two branches at will. As for Samsung Heavy Industry and Samsung Life, don't think about it, it can be regarded as giving me Mr. Lee a face."
Lee Kun-hee was completely surrendered and knew that if she continued to get entangled, there would be no result; Samsung is now anxious to use money. Instead of selling one Samsung Electronics for $1.5 billion, it would be better to sell a few more and raise three billion US dollars, which may not necessarily help Samsung Group overcome the difficulties.
Song Zhichao laughed and knew that the negotiation was enough to end. After all, this is South Korea. If you want to take root here and run a company in the future, you must have a good relationship with a large company like Samsung.
Chapter completed!