Reverse Rebirth 1990

Chapter 1083 1100 [Birth of a new chaebol] Part [-]
Song Zhichao remembers clearly that as an "experienced person", there was a movie made in South Korea in his time called "The Day of National Bankruptcy".

The content of the movie is about the economic crisis facing the whole country after South Korea was hit hard by the economic crisis in 98. In particular, the major banks in South Korea declared bankruptcy one after another. In the end, South Korea received tens of billions of dollars in aid from the World Monetary Fund. Let Korea survive the bankruptcy crisis.

In fact, South Korea was actually "bankrupt" at that time. Although it received assistance from the IMF, this organization was actually controlled by the United States. That is to say, South Korea was forced to accept many unequal treaties and betrayed N national interests , Only then did he escape from death.

Song Zhichao is well aware of South Korea's weakness and the despicableness of the United States. Therefore, this time Song Zhichao asked his two major investment companies, Hong Kong Wanxin International and Thailand's Angel Fund to work together to short the Korean stock market. International speculators fueled the flames, which eventually led to the collapse of the Korean stock market.

That is, this morning, Song Zhichao had received the news that Hong Kong regretted that the international investment company and Thailand's angel fund had made a total of 53 billion US dollars in profits in this financial war.

However, the South Korean government could no longer resist external pressure, no longer desperate for face, and officially declared the country bankrupt.

It is actually a very correct choice for the South Korean government to do this, because after the bankruptcy process is initiated, many debts do not have to be repaid, and the Korean economy can be "reborn" on the basis of bankruptcy, but this reputation is not good.After all, South Korea was once one of the "Four Asian Tigers".

At this moment, ghosts were crying and wolves were howling in the huge Samsung Electronics conference room.

Koreans with overweight national self-esteem couldn't help crying bitterly. They are all distraught for the situation that the country has encountered.

Among them, Park Kwang-chung, the mayor of Daegu, cried tears and snot, and sat on a chair beating his chest and stamping his feet.

"Impossible! My Republic of Korea!"

"My country will not go bankrupt!"

"My country is not that weak!"

"My Republic of Korea!"

"Woooooo!"

Listening to these cries, Song Zhichao felt like he was watching a play, and these people in front of him were all actors.

Maybe Song Zhichao is not Korean, so he can't personally feel the grief of these Koreans at this moment.

But among so many people, there are also sober ones.

For example, Lee Kun-hee, chairman of Samsung, and Koo Bon-moo, chairman of LG.

As the chaebols of the Korean chaebols and the strongmen among the strongmen, although they were also shocked by the amazing news in front of them, they were not as pessimistic and desperate as others. The situation, considering the gains and losses during the period.

That's right, South Korea went bankrupt and the stock market crashed!

That is to say, as Korean chaebols, their assets will soon shrink, and even many of their subsidiaries will go bankrupt one after another, and many big banks will chase them to pay off their debts.

The Korean won will continue to depreciate, prices will soar, and the salaries of tens of thousands of people under the group will immediately become a huge burden. The group will be in trouble. If there is a slight mistake, the entire group will fall apart.

Both Samsung and LG are now facing a very serious problem --- survival or destruction? !
……

Song Zhichao didn't want to look at this place any more, stood up from his seat, and then nodded to everyone, meaning sorry, I have to go.

But before Song Zhichao turned around and took two steps, he heard a voice behind him say: "President Song! Please stay!"

Song Zhichao didn't need to look back to know that the person who made him "stop" was Li Jianxi.

Song Zhichao turned around slowly, only to see that Chairman Li of Samsung, who was originally arrogant and arrogant, now had a warm smile on his face.

"President Li, I don't know what's the point of stopping me?" Song Zhichao pretended to be confused.

Li Jianxi also didn't care about face, "Of course we will discuss our topic today, the Song Group's acquisition of Samsung Electronics."

"Oh, didn't President Li say just now that there is no room for discussion on this matter?"

"President Song is joking -- is there any business in this world that cannot be negotiated?"

"Really? Then I'll bother you again." Song Zhichao returned to his seat.

At this time, under Li Jianxi's scolding, those Koreans who were weeping bitterly also held back, and sat back to their original positions with a sad face.

The big guys wiped away their tears one by one, turned grief and anger into strength, and prepared for this new round of negotiations.

Whether it's Lee Kun-hee from Samsung, Koo Ben-moo from LG, or Li Zairong, Li Fuzhen...even the Samsung son-in-law Ren Youzai, who is considered to be too muddy to support the wall, knows the next negotiation and will lead The power has been transferred to the opposite side - Song Zhichao.

Song Zhichao is still alone 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, giving people an invisible coercion.

Li Jianxi looked at him, and sighed in his heart at this moment.

……

Negotiations continued for about an hour.

"President Song, you are clinging to the price tag of one billion. Do you want to take advantage of our country's bankruptcy and the collapse of the stock market?" Li Jianxi couldn't hold back his anger anymore.

Before, he didn't take Song Zhichao's sentence "acquire Samsung Electronics for one billion yuan" seriously at all, thinking that Song Zhichao was crazy and just joking.

But now he knew that Song Zhichao was not only not crazy, but also shrewd and ruthless.

One billion dollars to buy Samsung Electronics?

Song Zhichao had bargained for 15 billion before, but in the blink of an eye, [-] million has been lost. Who can bear it?
What was even worse was LG Electronics. Song Zhichao's asking price was one billion US dollars before, but now it is directly [-] million, which has shrunk by half.

Therefore, the president of LG, Koo Benmoo, is already too angry to speak now, just look at Li Kunxi and Song Zhichao facing each other, who can fight the other.

Negotiations have progressed to this point, and everyone has long since torn off the masks of civilized people, and began to use the most primitive words to stimulate and defeat each other.

If people who don't know the situation see this scene here, they will be surprised, thinking that they are buying and selling vegetables in the vegetable market.

Whoever has the loudest voice, the most imposing manner, and the sharpest words can score points in the negotiation.

"You can't talk like that," Song Zhichao was a little tired, and his voice was a little hoarse. He regretted coming alone. He should have brought the fat Qi Wanda and his cousin Zhu Fugui. "Brought by Ma Dong-seok, at least this guy's Korean is better than his own, and many vocabulary expressions may be clearer.

"One moment at a time, one moment at a time, you have to look at the right time to do business; besides, I also reminded Chairman Lee before that the value of Samsung Electronics will undergo a huge change, but Chairman Lee thinks I am joking. Now, If something happens, we can't agree on it! Otherwise, let's take a rest first and talk about it in a few days, how about it?"

For Song Zhichao's shameless approach, Li Jianxi felt powerless, and Samsung couldn't afford to wait now.

Not to mention anything else, now that he has returned to Seoul from Daegu, his office will definitely be surrounded by those bank bosses.

There has to be cash flow.

However, Lee Kun-hee was unwilling to sell Samsung Electronics for a billion dollars.

Because he knows the true value of Samsung Electronics, even if it is not worth 30 billion, it is worth [-] billion.

Billion is like buying away?joke!

"President Song, just take it as me begging you," Li Jianxi suddenly changed his tone and strategy, "You should know the value of Samsung Electronics better than anyone else. Now that our group is facing difficulties, I hope you can make a move." Help."

Faced with Li Jianxi's sudden "submission", Song Zhichao was not surprised at all, because he knew that these old foxes were scheming and cunning, and they were unwilling to give up a little profit until the last moment.

Song Zhichao: "I also want to help, but my money is not blown by the wind. In addition, I am well aware of the difficulties Samsung Group is facing at the moment, so I have a few more suggestions. Why don't your company combine Samsung Heavy Industries and Samsung The two subsidiaries of Life are also sold to me, and I will give you a good price!"

Li Jianxi: "..."

Never expected Song Zhichao to be so ruthless.

Samsung Heavy Industries and Samsung Life are the lifeblood of the 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 relied on these two companies to make money in recent years.

……

Taking a deep breath, Samsung Chairman Li Jianxi had to suppress the anger in his heart, "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!"

Li Jianxi: "..."

Actually laughed out of anger.

The people around were also dumbfounded.

Song Zhichao is even more of a rascal than a rascal.

The meaning is obvious, it's not that I don't give money, it's that you don't sell.

"Okay! Okay!" Li Jianxi couldn't help shaking his head and said, "President Song, we don't want to argue with you anymore. You won't give in even if you say a thousand things, right?"

Song Zhichao smiled slightly: "It's not that I don't want to give in, it's that the president doesn't want to sell, isn't it?"

Li Jianxi smiled wryly, "One billion is really too little——how about it, according to what you said before, Samsung Electronics is priced at 15 billion U.S. dollars..."

Before Song Zhichao could speak, Li Jianxi said again: "Of course, we won't let you suffer --- as long as you spend another 15 billion US dollars, you can choose two more branches at will. As for Samsung Heavy Industries and Samsung Life, Don't even think about it, it can be regarded as giving Li a face."

Li Jianxi was completely subdued, knowing that if he continued to entangle, there would be absolutely no result; and Samsung is now anxiously waiting to use the money. Instead of selling a Samsung Electronics in exchange for 15 billion US dollars, it is better to sell a few more and raise 30 billion US dollars. It can help the Samsung Group tide over the difficulties.

Song Zhichao laughed, and knew that enough was enough for this negotiation. 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 big company like Samsung.

(End of this chapter)