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

Chapter 453 Chen Daojun scolded Dongji in person

Unlike Chen Daojun, who was always harmonious, Chen Dongji did not expect that one day he would be stuck in Shunyang Construction Company.

The key is that these people come from major banks in the cold country.

"Everyone, if you dare..."

Chen Dongji was so angry that he was speechless.

However, the bank presidents surrounding him ruthlessly put pressure on him, without any regard for the feelings of Chen, the vice chairman of Shunyang Group.

"Vice President Chen, we came to you today because we have important work to communicate with you. I'm really sorry."

Chen Dongji slowly looked at everyone with dissatisfaction: "The problem now is not Shunyang Construction, but the entire Shunyang Group and other subsidiaries under the payment guarantee line. They will be shocked by the impact of the financial crisis. You will not just come here." Find trouble with me, don't you know that I have a multi-trillion-level project in Dubai, and as soon as the project is completed, there will be countless cash flows rolling in?"

This guy is lying!

The presidents present looked at him with strange expressions. If they hadn't come from BAT, they might have been deceived by Chen Dongji's words.

But now...hehe.

The leader of the Hanguo Bank, the president, snorted coldly: "Have you forgotten the foreign exchange crisis 10 years ago? Several of the top 10 chaebol groups in the business world quickly fell apart due to a lack of tens of billions of won to transfer. In the past 10 years, more than 100 companies in the United States measured in billions have closed down, Chen Dongji, why do you think you can escape!"

Chen Dongji was speechless for a moment, but he couldn't refute.

In fact, he still has an escape route at this time, which is to declare poor management and resign from Shunyang Finance, Heavy Industry and other companies.

But if he resigns, he will be like a fox who has skinned a tiger. Who will care about him?
His father, Chen Yangzhe, used to push his subordinates out as scapegoats when something went wrong. But now times have changed. When something goes wrong, the financial community is asking for the resignation of the entire company management team.

No, even if I leave the company with my confidants, creditors are everywhere, so where can I go?

"Shouldn't you at least give me time to save myself? Why on earth would you do this?
Chen Dongji wants to know the true intentions of these bank presidents.

In the past, there was a signboard of Shunyang Group, and everyone was saying hello, me, and everyone. There has never been such an extreme situation where people gathered to collect debts.

The person in charge of Dahan Bank, the main creditor, said:
"If you want to live, don't we want to live?"

"what?"

Chen Dongji didn't understand what the other party meant.

"Not only for you Shunyang, I have also informed Daying of the final outcome. The bankruptcy of your two companies will seriously threaten the credibility of our bank and easily cause a run. For us, this is a matter of survival. "

"Is this an instruction from the Blue House?"

The question that Chen Dongji wants to know most.

If it was Cheong Wa Dae who gave him an ultimatum through the bank, he would have no choice but to obey.

The other party shook his head: "Cheong Wa Dae just reiterated its position that it will never intervene. You know, if you are still counting on the government to provide any financial support, then give up as soon as possible."

This is tantamount to an ultimatum.

Chen Dongji was anxious. He knew that before the creditors took over the company, the top priority was to find ways to contain them.

"Wait for another week, surely you won't refuse this time, right?"

Chen Dongji left without even waiting for the bank presidents to reply.

A group of presidents were left looking at each other in confusion.

Someone asked: "What should I do, just let him go?"

"Otherwise, can we still control him?"

Someone sighed slightly: "Forget it, a monk who can walk can't walk in the temple, just one week."

At the Shunyang Group headquarters, someone soon reported the news to Chen Rongji that Chen Dongji had been blocked by the president.

Chen Rongji was very interested when he heard that his younger brother was frustrated.

"They said that government regulation is out of control and there is not enough money to raise the funds needed by small and medium-sized enterprises. In the future, we and Daying may have to be sold. We can stop it before the higher-ups make a decision. Is this what they mean?"

"Are you going to stop it?"

Chen Dongji endured the frustration in his heart and could only continue to test his brother's tone.

"That was Cheong Wa Dae's mistake. We are no different from Dae Young, right? Now rumors are spreading that Chairman Joo Tae-sik is determined to fire Joo Young-sik and let him fend for himself."

Chen Rongji looked like he was watching a show.

"What about your brother? Are you going to watch me jump into the fire pit?"

"Of course, why should I save you? We don't seem to be working together well, right?"

Seeing Chen Rongji's teasing, Chen Dongji knew that the other party must hate him very much for letting him go and helping Daojun when he was preparing to hold a council meeting.

"Shunyang Financial and Shunyang Heavy Industries, I will give you two choices. As long as you give me the equity now, I will allow you to take priority in taking away the personal property of you and your family. If you don't agree, then you will have to deal with it yourself. Be responsible.”

Although the company still has high-quality assets, Chen Rongji was still unable to prevent the company's bankruptcy.

It is best to wait for reorganization after bankruptcy, sell the stocks at a later price, and finally lobby hard to borrow money from the bank again.

Otherwise, the loss will be even greater if you enter now.

Chen Dongji felt that there was no need to talk to his brother anymore, as the other party's only purpose was to extort his shares.

He suddenly realized that he would be better off negotiating with his largest creditor.

I can only hope that the creditor is more generous than my brother.

After many twists and turns, Chen Dongji finally bit the bullet and came to find Chen Daojun.

And Chen Daojun has been waiting for a long time.

"I don't want the group stocks you hold, but...all the shares you hold in Shunyang Construction and Heavy Industry will belong to our BAT. By then, the subsidiaries of the two companies will be in my hands."

Chen Rongji wants Chen Dongji's group shares, while Daojun wants the shares held by Chen Dongji Shunyang Construction and Heavy Industries.

Whichever is the lesser of two evils, Chen Dongji will definitely not be willing to part with the group's shares.

Most of the shares of Shunyang Heavy Industry were lost to Chen Daojun in the last bet. They just kept the control and then took it back. It is useless to keep the shares of Shunyang Construction now. If the company goes bankrupt, the bank will start a comprehensive restructuring. At that time, it will still be All in vain.

"Dojun, you're not going to change your mind, are you?"

Chen Dongji didn't want to find anyone else.

At least for now, he is a calm and rational negotiator.

Chen Daojun did not ask him to hand over his shares unconditionally like his elder brother did.

"Also, although I don't want the individual shares of the group, at least 10% of Shunyang Group's shares in these two companies are cross-controlled. You have to leave these shares to me."

Chen Dongji is most afraid of this kind of person.

Isn’t he very clear about the governance structure of Shunyang Group?
It is obvious that Chen Daojun wants to gain full control of the two subsidiaries.

Chen Dongji made up his mind and said: "I will never give up my controlling interests in the group, even in subsidiaries. If you don't tell me the reason, then I have no choice but to tear them apart and take them away. You It will never be easy to get, it will be a long battle and you will pay a high price, my Chen Dongji still has the power."

Chen Daojun watched the other party's performance quietly. When he talked about handing over the company's shares just now, Chen Dongji was silent at first and then got angry. How could such a performance deceive him?If you really disagree and there is no need to talk, then you should get angry from the beginning.

This guy is acting!

Chen Daojun can cooperate with the performance: "Do you still have any spare energy? If you don't sell it to me, the senior management will take action immediately. At most, I will give you more money then, but you still have to distribute it to the creditors, and the rest is not yet available." I gave you more.”

"If you want to be brave, then give it a try. I want to defend the glory of Shunyang. If you do this, we will just fight to the death and tell you what you want. BAT does not have a heavy industry company, and it will not be of much use if you take it. If you are interested, I can give you some car-related companies."

Chen Daojun smiled.

"When grandpa passed away, Shunyang's glory was buried in the coffin. If you haven't thought about it clearly, please tell me."

Chen Daojun dialed a number, put the phone on the table, and turned on the speaker.

On the screen, the two characters "Total T" were clearly displayed.

The call was quickly connected,
Chen Daojun smiled slightly:
"Boss T, are you busy?"

"Ah, President Chen, didn't you say you were going to play golf today, haha."

"Oh, Mr. T, forget about golf. The gap in our abilities is so obvious. I don't even dare to think about revenge now."

Listening to Chen Daojun's casual conversation with the other party, Chen Dongji's expression became serious.

"Oh, by the way, Chief T, I have finished talking with Chairman Zhu Tae-sik of Dae-young. Our BAT will take over and preserve all construction subsidiaries, so on Dae-young's side, you don't have to worry."

"This is a good thing. Thank you for your hard work. In the past few days, I was worried that a situation similar to the IMF would happen. What about Shunyang? Is the negotiation settled?"

"Not yet. Daying doesn't have much difficulty because the separation of affiliated companies is very clear. But in Shunyang, we are used to cross-holding, which involves the mechanism of equity withdrawal. No matter what, I will find a way to solve it as soon as possible."

Chen Daojun's answer was neither humble nor arrogant, and he didn't feel smug or groveling at all.

"That doesn't matter. Our government's position has been clearly communicated. As long as that guy Chen Dongji has sense, he will agree to your conditions. I don't know what he has been fooling around with recently."

Chen Daojun raised his eyes and glanced at Chen Dongji, who had a bad look on his face, and quickly replied: "That's because I lack experience, Mr. T. I'm sorry to keep you waiting for so long."

"No, on the contrary, we are very glad that BAT Group can stand up and support the collapsed construction industry. As I said on the news yesterday, it has brought 120 billion US dollars in cash to the cold country every day. Thank you."

"As a native of the cold country, it is natural for us to stabilize the market and defend the exchange rate."

President T was very happy to be coaxed by him. I don’t know if he was lying in the hotel’s special presidential suite now, laughing and drinking red wine:
"Then, just go ahead and do it. I will warn them in Shunyang. If Chen Dongji's friends don't listen to the advice and call me at any time, the tax bureau will already have clues. It's just out of favor. He didn’t take any action. Just tell him that if you want to embarrass yourself, just keep dragging him.”

Then the two chatted for a while.

After ending the call, Chen Daojun looked at Chen Dongji with a smile, and there was cold sweat on the other person's forehead.

"Now, who do you think I need to convince? President T's will is Cheong Wa Dae's will... You don't want to be taken away by tax officials and prosecutors, right?"

Chen Dongji's eyes were dull and he didn't know what he was thinking.

"Second Uncle!"

Chen Daojun patted the table before he raised his head.

"I just said... no, I was reminding you just now that due to our cross-holding model, the stocks held by each other should not be changed recklessly. You know that tampering with the assets owned by the company before bankruptcy is an obvious breach of trust and misappropriation of public funds. Right?"

Chen Dongji wiped away cold sweat and explained quickly.

Unconsciously, Chen Daojun had completely gained the upper hand in front of him.

Chen Daojun sneered at his statement.

Changing the equity before bankruptcy is not something I have never done before.

Until now, prosecutors have turned a blind eye.

If the government ignores them, even if it is a chaebol, the behavior of changing equity owners will be no different from that of ordinary companies.

Chen Daojun just remained silent, sitting opposite Chen Dongji, playing with his fingers.

The crisp sounds squeezed Chen Dongji's nerves to the limit.

Finally, Chen Dongji opened his mouth.

"Stop, you succeeded, tell me, what exactly do you want, why are you targeting me?"

"Ok?"

"You have to tell me what you want. Growing up, the Rongji family was the one who bullied your family the most. Did you find the wrong target for revenge?"

Chen Daojun shook his head.

"You have only two choices. Leave everything to your uncle, then beg his forgiveness like a dog and catch the bones he throws to you, or quietly help BAT conduct a friendly acquisition. Which one do you choose?"

In fact, even Chen Dongji now knows that as long as we persist for two years, or even one year, the entire economy can recover.

Dubai's ban came faster than expected.

The financial crisis in M ​​will last for a long time, but experts agree that Asia will be less affected.

But in just one year, Chen Dongji lost control of the two largest subsidiaries. It was difficult for Chen Dongji to accept this result.

"Are you sure you want to take them all away? Give me a moment and I can fix this."

"You're out of time! Didn't I tell you? If you were going to help a smooth takeover, would you do it quietly?"

Chen Dongji sighed.

"Why on earth are you doing this? You are not even the owner of Shunyang Group. Even if you get my shares, Chen Rongji will not lose anything!"

The sun shines in from the window, and Chen Daojun's shadow gradually lengthens.

Chen Dongji couldn't help but shudder. The other party's influence was slowly surpassing Shunyang Group.

Could it be that Chen Daojun's goal from the beginning was not Shunyang?

"Second uncle, it is said that cancer patients have to go through five stages when they are sentenced to death, denial, anger, hope, depression, and acceptance. I don't know which node you are at now, but you'd better skip the other stages and accept the reality. I I will leave you more things than my uncle."

Chen Daojun persuaded him with a soft voice, but Chen Dongji only had a wry smile on his face.

"A guy who I didn't take seriously before now dares to teach me a lesson with confidence? Do you want to imitate your grandfather, who is so ruthless that he doesn't even recognize his relatives?"

Chen Dongji's voice was low, but he suppressed the anger that was about to explode.

Suddenly, he stood up from his seat.

"Even if I know the situation, even if I give this share to my brother... I won't give you any cents."

Chen Dongji shouted declaratively and walked out, and Chen Daojun laughed loudly.

"Angry...you are still in the second stage."

Anger makes people blind.

He is looking forward to the moment when the other party comes to beg for him again!
(End of this chapter)