Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!

"You must owe this friend a lot of money."

Li Xuezai introduced the bank president to Dao Jun.

"Ow money? What do you mean.?

I am the president of a bank and still owe money to the chaebol?

After hearing what he said, one of the bank presidents felt as if he had been insulted and flew into a rage.

Although Daojun's words sounded like nonsense, the facts were not wrong.

Chen Daojun was too lazy to answer him: "Now only those who have cash in their hands have the right to speak, right? Banks across the country are short of cash flow. Isn't this just because you are short of money? Which bank can I put my money in now? Is it the same as borrowing money?" Isn’t money the same thing?”

His passbook is the bank's IOU to him.

Daojun secretly changed the concept, leaving the money in the bank or depositing it, but the word borrowed is currently the most accurate to describe the status of both.

In the past life, banks were a big money trap for people like them. Financial consultants would create gimmicks of various financial products to induce savers to use their saved money to purchase financial products.

For the bank, it is guaranteed to make no loss anyway. As long as the depositors do not have to pay back the money, and as long as the money is still in the account, the bank can make more money.

"The reason why I say this is because I am a simple depositor, not an investor in financial products. Therefore, I want to remind everyone that my money did not come from the strong wind. I borrowed a lot of money from the bank, but if If you want to use the money I have in the bank to save a company that is about to fail, that is absolutely impossible."

The faces of the bank presidents changed. They did not expect Chen Daojun's reaction to be so violent.

"I want to get all the money from Shunyang Securities and the credit card company back. I'm informing you now. Don't say I didn't make an appointment. I will send someone there tomorrow morning when the bank opens."

The bank presidents couldn't say anything to Dojun.

Daojun realizes that they will not be so honest and give in. Daojun must let them know exactly what he really wants.

He knew very well that these people were all ghosts and ghosts.

Sure enough, after a moment of silence, someone spoke cautiously.

"President Chen, is there something we didn't communicate well?"

"I heard that Blue House called all the heads of state-owned banks for a meeting yesterday. This meeting was to discuss BAT's acquisition method, not Shunyang and Daying's bankruptcy plan?"

Dojun couldn't hide his smile.

Seeing that they did not dare to answer, Chen Daojun said impatiently:
"The BAT Group has deposited trillions of dollars worth of funds in your bank. If you want to withdraw it tomorrow, it will leave you with time to prepare. Convert it into hours. You have to prepare millions of won every second. Now I won’t waste my time talking nonsense to you.”

Finally someone suddenly realized: "So you spent so much money just to get two construction companies?"

"What does it mean to get it? This is investment. Don't be surprised. As a businessman, I want to both invest and make money."

Bank presidents are relieved.

If this acquisition is completed successfully, they will no longer lose their position as president due to bad debts arising from bankruptcy and reorganization.

“But before we go into the normal process of taking over, please tell us what you need us to do.”

"What are you talking about...why can't I understand?
Chen Daojun picked his ears and deliberately asked the other party to express his thoughts.

"Well, you know, according to policy, when a bankrupt company is ready to get back on its feet, banks also have to help, we mean, to what extent are you going to acquire the bonds of two construction companies?"

Everyone else looked at Chen Daojun with bright eyes.

Li Xuezai broke the silence: "It doesn't matter whether it is an acquisition or not. What our president means is that if there is a bank that is very powerful and can refuse financing from those two construction companies and urge them to repay the money as soon as possible, we will consider investing in this bank." Bank, save more money.”

Everyone on the field fell into silence.

You know, that is one of the top chaebols.

Even if you are facing difficulties.

"Stop thinking that the government will step in and provide assistance. Cheong Wa Dae will not answer any calls from the two construction companies, and even the aides of the Yeouido National Assembly members will avoid it."

The door to the conference room was closed, and no one could leave now.

Li Xuezai said to them: "We still have tens of billions of dollars, it depends on which of you wants to make more deposits. There is not much time left for you."

"What the hell?"

Ju Tae-sik, chairman of Dae-young Automobile Group, muttered while reading the morning newspaper.

The media is now smelling it, reporting on the crisis in Dubai every day, and the plummeting stock price is like a blunt knife cutting flesh, continuing to amplify the crisis in Shunyang and Daying.

The failure of Daying Group and Shanyang Group to block media reports means that there is no turning back now. They must either bite the bullet and invest more money, or give up selling the company.

Zhu Taizhi put down the newspaper and saw his brother sitting on the sofa with his head lowered.

"Dubai is the source of all problems, right?"

"Yes?"

"As long as this is solved, everything will be solved?!"

Joo Young-sik, the third son of the late chairman Joo Young-il, who inherited the construction department, had no answer at all.

Currently, apartment construction and redeveloped shopping malls in various provinces are being carried out heavily in debt.

In fact, it is a game of tearing down the east wall to repair the west wall. With high turnover and low cash flow, you may not be able to play at any time.

It's a pity that everyone knows this secret, but they can only watch the company becoming more and more difficult day by day.

"Everyone in the financial world knows the government has given up on us and we can't stop spending money to fill the hole. We have to find a way to stop this."

"Brother, the only way to solve it at the group level is to find BAT"

Zhu Yingzhi finally opened his mouth, but what he got was his brother's callous reaction.

"BAT? Aren't you the one who has the final say on the affairs of Daying Construction Group? If it were at the group level, the matter of the construction company could be solved this time, but now that you are separated and the equity is not in your hands, the group cannot provide it for no reason. We are different from Shunyang in terms of funds. The division of the subsidiaries of Daying Group has been completed. Even if you go bankrupt, Daying Automobile Group will not suffer losses."

"Brother! Isn't construction the capital of Great Britain's fortune? If you let it go, are you worthy of your late father..."

"Haha, now you think of your father's glory? Why did you even mention your father? How could he end up in such a mess! Get out!"

Zhu Taizhi kicked his brother out and panted for a while.

He was not angry because of the crisis at Great Britain Construction.

And anger at his late father, who was so partial and passed down the birthplace of this group, Da Ying Construction, to such an idiot.

After he calmed down a little, the secretary knocked quietly on the door.

"President, President Li from the BAT Group is visiting. Do you need to ask him to wait?"

"Let's go. He is the president of a large group. He should not be made to wait."

When they met, the two chatted happily, just like they had been old friends for many years. "Hey bro, how much does this cost?"

Li Xuezai had a bright smile on his face and enthusiastically grabbed Zhu Taizhi's palm.

"President Li, for a person who makes a lot of money, a watch like this is no big deal, haha."

"Don't talk like that. The bank has been coming to see me every day lately, and I'm almost bored to death."

The two shook hands and smiled at each other.

For a while, they chatted some light-hearted stories about each other and proposed the purpose of today's secret meeting.

"Chairman Li, are you sure that once this situation is resolved, the market will return to normal?"

"Of course, the government of Country M has invested an astronomical amount of money in it, and the money in Dubai is very profitable and can be recovered in two years."

Zhu Taizhi hesitated: "You mean that your hardware construction headquarters will be located in Dubai in the future."

"If Dubai comes back to life, things will definitely get better for BAT."

"Over in Dubai, they are also businessmen. If you don't have money, you are nothing there, haha."

Zhu Taizhi held the tea cup and looked at Li Xuezai with envy. He once thought about how great it would be if a professional manager like Li Xuezai worked for Daying.

He took over the newly established group and has no constraints on the company.

Zhu Taizhi has no problem with his own work, but he is really powerless when it comes to his children taking over.

But these thoughts were quickly forgotten by him: "Anyway, brother, let me ask a question, you don't have any plans to save Daying and Shunyang Construction, right?"

"That's for sure. We can't spend astronomical amounts of money to do such stupid things. As you know, BAT Group also owns shares of British Industries and joint ventures. I would rather use this money to help my company with research and development." Development of high-precision products.”

"Then tell us what company you want."

Li Xuezai took out a piece of well-folded paper from his pocket.

"That's what I tell my guys to focus on, and you can take a look at it too."

Unfolding the piece of paper in his hand, there were clearly the names of several companies on it, as well as a number to evaluate the company's value.

Daying Construction, Daying Chemical and Daying Development are all three subsidiaries of Zhu Yingzhi.

"You are going too far. You have listed so many. Do you plan to buy them all, or do you only want Daying Construction?"

Zhu Taizhi looked at Li Xuezai with a somewhat unkind look.

"Don't get me wrong, we only note companies that are important to our British industry."

"Well, President Li, if I bite the bullet, I can even protect Daying Construction from going bankrupt, but did you do it on purpose? How much do you need to fill your appetite?"

"In this case, it would be more appropriate to give half."

President Li had no intention of actually taking half of it.

Dealing with the greedy Zhu family is always a matter of opinion, so he must have reservations.

Being able to acquire one more company is also a very good deal.

"Okay, what does President Li want? Just tell me openly."

"Daying Chemical."

Zhu Taizhi shrugged his shoulders and expressed disapproval.

"Oh, my friend, that won't work. The chemical industry should be left for my brother. At least he should have a profitable company. If you take away all the valuable possessions, then only the dross will be left."

Li Xuezai smiled: "You have such a good relationship with your brother...?
"Well, even if he is a mentally retarded guy, he is related to me by blood. I don't want him to remain unemployed and be exposed by the media as an idle character. That would really disgrace us as Great Britain."

"Then, yes, British Railways and the Design Company can be exchanged for the Chemical Company. I won't ask for more."

"railway?"

Zhu Taizhi narrowed his eyes. The British Railways is a newly formed company, which is related to the railway vehicle and defense industry fields, not the construction department.

Why would the other party suddenly want this?
Zhu Taizhi did not accept the proposal easily, but spoke slowly: "The defense industry is a network business, so I can't completely decide, because it also involves the subway part, and this needs to be communicated with the railway department."

In fact, for him, railway construction is not a very profitable business, nor is it a big company.

He was just curious why Li Xuezai wanted that.

"BAT Motors is already huge, do you still want to open up the upstream and downstream industry chains?"

“Please give me some face, isn’t that a big moneymaker?
In fact, it is Chen Daojun's opinion to have a railway company. If you want to have a diversified comprehensive automobile enterprise, supporting heavy industry is essential.

The weakness of BAT cars is that there is no heavy industry. He knows very well what his weaknesses are.

"Then let's take the railway company instead of the design company, how about that?"

Li Xuezai threw out several smoke bombs just to get this.

"Okay, deal!"

Li Xuezai nodded happily and smiled.

Now he must confirm Chairman Zhu's promise.

"By the way, how do you plan to arrange your brother's management rights?"

Zhu Taizhi thought about it: "For the sake of safety, I must take over all his shares as a prerequisite for solving this situation. By then, even if he goes bankrupt, I can guarantee that our cooperation can continue."

"Nothing will go wrong, will it?"

"Don't worry, I will take over the equity, wrap up the construction and other subsidiaries, and then hand it over to you. Oh, by the way, please don't lay off too many people. Even though the company is sold to you, those people will still serve as long-term employees." If the old employees of the British Group are laid off in large numbers due to the sale of the company, our reputation will also be affected."

"I will handle it, but you must also be mentally prepared. After the acquisition, corporate restructuring is inevitable."

This can be regarded as a preventive shot. When the time comes to purge the person in charge of the British Group, there will be no psychological pressure.

"Don't worry, we can still afford the severance package, haha."

Seeing Li Xuezai laughing heartily, Zhu Taizhi frowned slightly.

"Old friend, when I saw you appearing, I was worried about Shunyang Construction. Chen Dongji, do you want that guy to lose everything?"

Li Xuezai's expression changed slightly, and then he said calmly: "This is a difficult period for the family members in Shunyang. After I left Shunyang Group, I didn't pay much attention to the situation there."

Zhu Taizhi had a look of disbelief. He was now very curious about how Shunyang Group was operating now. (End of chapter)