China Entertainment: I became a capital tycoon
Chapter 694: Calculating Director Feng and Hitting the Top 692 Chaebols in Korea
Chapter 694: 692. Plotting against Director Feng and striking at the top three chaebols in South Korea
After listening to Boss Cao's request for a bet, Feng Xiaogang's expression kept changing and he didn't dare to agree.
Seeing this, Cao Yu smiled and said, "Director Feng, how is it?"
"This condition is very tempting, but Mr. Cao, what are your requirements? What if it cannot be achieved?"
Feng Xiaogang was worried that this was a trap and was afraid that he would jump in and not be able to climb out.
The share ratio given by Boss Cao is much higher than that given by other companies. There must be conditions.
Sure enough, Cao Yu laughed and said, "Director Feng is so confident in his movie, my conditions are actually dispensable."
Having said that, he asked his secretary for a contract and handed it to him.
Feng Xiaogang took it and found that the profit sharing mentioned above was indeed the same as what Boss Cao had just said, except that there was a supplementary clause below.
The terms clearly state that if the box office is between 38 million and 35 million, the share will be only %, and Feng Xiaogang's Mela Media will have to compensate Feiyu for the difference of million yuan; if the box office is below million yuan, not only will the share be reduced to %, but the difference of million yuan will have to be compensated!
Looking at these supplementary terms, Feng Xiaogang felt a little frightened.
It turns out there is no free lunch in the world. Boss Cao is a very evil person.
38%, return the difference of million
His mind was working frantically. If the box office was 38 million, and the share was %, that would be million. After returning million, he would only make more than million, which was a bit too little.
If it's 400 million
He didn't dare to think about it, thinking that he would be made into pants.
However, how could my film not even have 400 million? I just said it was at least 800 million.
While hesitating, Cao Yu smiled and said, "However, no matter how much the box office is, I am still very optimistic about Director Feng's level, and I will still invest 500 million in you."
"Mr. Cao, is there a 'but' this time?"
Feng Xiaogang learned his lesson this time and asked for conditions first.
"Yes, but your company must realize a profit of 100 million in the first five years. Otherwise, you must compensate me for the shortfall, and you must successfully go public within five years!"
Cao Yu finished speaking and said with a smile: "How about it? Director Feng, you are so confident in your movie, do you dare to take a gamble?"
"Take a big gamble."
As Feng Xiaogang repeated these words, he felt worried and excited.
As for the box office, he still has some confidence in himself. After all, Boss Cao can get 2 billion or 3 billion, so it should not be a problem for me to get 800 million or 1 billion.
After all, I have always been the top-seller in the Lunar New Year box office.
As for Feiyu's investment of 500 million.
Although achieving a revenue of 100 million a year sounds like a lot, it can be achieved by making one good movie. If you then invest in a few promising TV series from other companies, can't you make a profit of 100 million?
As the saying goes, wealth and honor come from risk. Take a chance and your bicycle will turn into a motorcycle.
After a moment of silence, he finally gritted his teeth and nodded: "Okay, I accept Boss Cao's proposal!"
"Well, Director Feng is indeed courageous!"
Seeing that he agreed, Cao immediately picked up the teacup and said with a smile: "Then I wish Director Feng's movie a big hit at the box office and the company a prosperous one."
In fact, I was laughing secretly in my heart: "Congratulations, the strongest worker in the future is none other than you!"
Seeing that Boss Cao did not mention any other additional terms, Feng Xiaogang also picked up the tea and said, "Thank you, Boss Cao. I had some misunderstandings about Boss Cao before, but now it seems that Boss Cao is indeed a man of conscience."
"Haha, the misunderstanding is over."
Cao Yu smiled secretly in his heart, he should thank us.
Feng Xiaogang didn't know that he had been plotted against by Boss Cao. After signing the gambling agreement with Cao Yu, he hurried back to the company.
Afterwards, he took out another five million to increase the publicity of "I Am Not Madame Bovary", hoping to make a fortune from the movie.
After Cao Yu finished his work in China, he also went to Korea.
"Huh, the boss finally left"
Although Zhang Xiaotian has been a little cold towards his boss during this period, he suddenly felt inexplicably lost when he looked at his boss's empty office.
"I don't know whose belly he got pregnant."
But she has always been curious about who her boss took to the hospital that day?
Is he a scumbag?
Zhang Xiaotian really wanted to know the truth and wanted to confirm that she really liked the wrong person, or, she hoped that she was not wrong about the person.
"If I saw it wrong and misunderstood him, what should I do next?"
Just after Cao Yu left, Zhang Xiaotian was confused.
After arriving in Seoul, Cao Yu first went to see Lee Boo-jin to learn about the Fu Yu Group.
Although he had received emails from Lee Boo-jin before and knew about some progress in dividing Lotte, he also knew that this matter had encountered some troubles.
So I came here this time to see if I can solve this matter once and for all.
Lotte Group is the fifth largest chaebol in South Korea, with numerous industries under its umbrella. It would take at least three to five years to completely divide them up.
Fortunately, Lotte is now like a rat crossing the street. Everyone in South Korea and South Korea is calling for its destruction, and the media continues to exaggerate, as if if Lotte does not fall, South Korea will be doomed.
Samsung Li family villa.
"Dear, Lotte's cinemas, hotels, theme parks and other assets have all been acquired by us because they are all light assets."
Li Fuzhen lay in Cao Yu's arms, her hair was messy, her eyes were blurred, and her tone was lazy. "But Lotte is stubbornly unwilling to sell their food and chemical factories. Even if we take Shin Dongbin and his son to court, they will not compromise."
"Sure enough."
Cao Yu had guessed this would be the result, so he was not greedy at first and only wanted some of Lotte's marginal industries.
However, for Lee Boo-jin, these industries can turn decay into magic.
"Yu, you are smart. You don't want those factories."
Lee Boo-jin admired her man very much and said with a smile: "It's just that the ownership of Lotte World Tower is a bit troublesome now. Hyundai and SK also want to buy this building."
"What does Lotte mean?"
Although Lotte World Tower has not been completed yet, Cao Yu knows that it is a 2016-meter-tall building ranked sixth in the world when completed in 555, and will also be a landmark building in Seoul in the future.
If Fu Yu Group can take over this building, its influence in South Korea will definitely increase.
"Lotte is now at the end of its rope, so they naturally cannot build this building. They are offering a price of 1 billion US dollars to sell it. This price makes SK and Hyundai jealous and they also want to buy this building. Lotte is of course willing to let the three companies raise the price in the competition."
Lee Boo-jin then reminded, “This building is only half built now. It will take another 2 billion US dollars to complete it. If we invest the money in this building, our cash flow will probably be cut off.”
"money is not a problem."
Cao Yu understood that although Lotte was already bankrupt, Fu Yu Group still invested more than one billion US dollars in acquiring their industries. If it took out another 2 billion, there would definitely be risks.
He embraced Lee Boo-jin and went to the balcony, overlooking the entire Seoul from the top of the mountain, and said with a smile: "We must take down this building."
Lee Boo Jin said: "But I don't want to spend your money."
"What's mine or yours? It's ours." Cao Yu said with a smile, "Anyway, I'm determined to get this building."
His plan was to transfer the 2 billion US dollars from the United States and then import raw materials from China.
Although some taxes will be paid in this way, the money can be transferred back to China from Miguo.
"Honey, what about SK and Hyundai?"
"You can arrange to meet the bosses of the two companies and Lotte's Shin Dong-bin tomorrow. I want to meet them."
"Okay, I'll make arrangements."
Lee Boo-jin knew that her man would have a way, so she agreed immediately.
The next evening, the Hongmen Banquet hosted by Cao Yu was held in a private room of the Shilla Hotel.
Hyundai Group Chairman Chung Mong-koo, SK Group Chairman Choi Tae-won, and Lotte Chairman Shin Dong-bin all showed up as scheduled after receiving the invitation to discuss the Lotte World Tower.
Especially Shin Dong-bin, when he saw Cao Yu, he remembered the beating he had been given and was still a little scared.
That was the first time he was beaten, and it left a big shadow in his heart.
However, this time he came, he also wanted to see the three parties compete with each other, maybe he could sell the ownership of the building at a high price.
After a few hypocritical greetings, Cao Yu took the lead and said, "Everyone, our Fu Yu Group has decided to buy Lotte World Tower. We came here today to ask you to let it go."
"Why?"
SK's chairman was not happy at first.
I contributed a lot to the division of Lotte, but now the chemical industry has been taken over by Samsung, and now I can't just ask for a building?
You, Boss Cao, are really powerful. You even seduced the eldest princess of Samsung. But in this small piece of land in Korea and South Korea, we, SK, are not afraid of you.
Zheng Mengjiu also said: "Chairman Cao, you have gained enough benefits. We, Hyundai Group, also want Lotte World Tower."
Shin Dong-bin just watched with a smile. Anyway, Lotte could no longer afford to build the building, so it didn't matter who gave it to.
He would rather see the three of you fighting.
Cao Yu just smiled faintly and said to the chairman of SK Group: "I heard that your SK cosmetics are selling very well in China. The profit is very good, right?"
When SK Chairman Choi Tae-won heard this, his face changed.
Their company's most profitable product in China is cosmetics, which is a by-product of chemical industry, and China has become SK cosmetics' largest overseas market.
Cao Yu observed the other person's expression and continued with a smile: "I believe you have heard about my struggle with European luxury goods. They are unwilling to compromise. Now their sales have dropped by 50%, but I plan to make them drop by another 30%!"
Now, Cui Taiyuan's face became even uglier.
Boss Cao owns shares in the two largest e-commerce platforms in China, as well as his influence in the entertainment industry. It is too easy for him to suppress or support another cosmetics brand. If SK's sales in China are affected, it will be a loss of tens of billions of US dollars.
Besides, Lee Boo-jin's Youle.com is also the number one online shopping platform in South Korea. It would not be cost-effective if her products were removed from this platform.
In comparison, it would be better to give it to him than to build the World Building, which would also be a favor to him.
He said hurriedly: "In fact, Lotte World Tower has only been built halfway, and the subsequent investment is too large. It's really not cost-effective to say the least."
Shin Dong-bin was a little shocked when he heard what Choi Tae-won said. Could it be that just one sentence from Boss Cao made a company like SK compromise and give up?
Zheng Mengjiu, who was standing by, secretly glared at Cui Taiyuan.
You were so arrogant just now, but you became so wilful after just one sentence?
Really useless.
Fortunately, my company's main products are automobiles and ocean shipping. Although we also have some daily household appliances and daily necessities, it seems that these are not enough for you, Boss Cao, to threaten me with?
Just when Zheng Mengjiu was still feeling proud, Cao Yu said, "In the first two quarters of this year, Tesla sold more than 4 vehicles in the United States. I plan to let Song Hye Kyo endorse this brand and add ten more S stores. Do you think this car can open up the Korean market?"
"Tesla?"
Zheng Mengjiu, who manufactures cars, was naturally stunned when he heard this car brand.
He heard that this car was the sales champion in the United States in the first half of the year. If this brand were really allowed to invade the Korean market, Hyundai Motor's market would definitely be impacted.
This Chinese Cao has absolutely no moral principles.
hateful!
But Tesla is an American brand. Although Cao Yu is the largest shareholder, he still dare not be too tough on the American company.
The main reason is that Tesla is fuel-efficient. If this car sells well in South Korea, even its own oil refining companies will be affected.
Forget it, let’s not fight over the world building.
So Zheng Mengjiu said: "Chairman Cao, I have a good relationship with Huaxia. I once sponsored the Yanjing team. We are all friends. If you need help in the future, just tell me. As for the Lotte Tower, I just wanted to take advantage of it. Since Fuyu Group wants it, I don't want it."
Now, Shin Dong-bin was even more speechless.
This Chinese man is really shameless. He actually used such despicable means to make the dignified modern boss submit.
Although Lee Boo-jin next to him didn't say anything, she was laughing in her heart.
My man is a little shameless, but in the business world, if you are not shameless, others will think you are a fool.
If the company takes over the Lotte World Tower, its reputation will surely soar like the building.
By then, there will probably be no problem in becoming one of the top ten chaebols.
Cao Yu glanced at everyone and said, "Thank you, both presidents. Please help me be a witness today and buy the Lotte project."
"You still want us to witness it? This is murderous and heartbreaking!"
If it weren't for Cao Yu's financial resources and influence, Zheng Mengjiu and Cui Taiyuan would really want to call this man "Ashiba".
But when I think about how it was just this one dirty word that led Lotte to this point, I can only bear it.
Lotte's Shin Dong-bin feels worse than eating a fly.
The Lotte World Tower project started construction in 2011 and has invested US$ billion, not including the initial design costs.
Now this building, which has been built for half, was only sold for ten billion US dollars because two competitors withdrew?
Just thinking about it makes him want to cry.
On the same day, Lee Boo-jin signed an acquisition agreement with Lotte Group, officially transferring Lotte World Tower to the Buwoo Group.
The next day, a press conference was held to announce that the name of the building would be changed to Fu Yu World Building.
After the press conference, Cao Yu and Lee Boo-jin went to inspect the building construction site.
Construction here has stopped, but the foundation has been laid, and in three years, South Korea's tallest building will stand here.
By then, he stood at the top of the building, and the whole of Korea seemed to be at his feet.
Cao Yu imagined the future, held Li Fuzhen's hand and said, "Fuzhen, how is my Internet ecosystem going? Have you combined the chat software and life applets together?"
Lee Boo-jin replied: "It's almost done, and we plan to release it before the Chinese New Year."
"Well, when the time comes, we can find a few celebrities to endorse this product, and we will be able to open up the market quickly."
Cao Yu said, looking around, and said: "Don't be afraid to spend money here. I will go to the United States in a few days and transfer some funds to you."
"Well, I feel relieved to have you here."
Lee Boo-jin was also looking at this place and the man around her. She never thought that one day she would become a female chaebol in South Korea and slap the faces of those who looked down on women.
I spent five days with Lee Boo-jin and sorted out the affairs of the Fuyu Group. I found that thanks to the efforts of this strong woman, Lee Boo-jin, the company has developed quite well.
With endorsements from Girls' Generation, T-ARA, EXO, and Jun Ji-hyun, LEGO has become Korea's number one online shopping platform.
In addition to these, after acquiring Lotte's industries, Fuyu Group has become a medium-sized group company integrating industries such as the Internet, tourism, hotels, luxury stores, and cinemas.
If the Internet ecological platform is launched after the new year, just the online payment aspect may make Lee Boo-jin the richest person in South Korea.
After leaving Samsung Manor, Cao Yu returned to FNC Company.
"President, you are finally back. If you don't come again, I will come to find you in person."
When Lee Soo Man saw Cao Yu coming back, he started to complain: "YG's Lisa is getting more and more popular now, and is about to overshadow Girls' Generation. BLACKPINK has been a group for almost a year, and we must introduce new people to let people in the circle see the strength of these girls."
"Is it that exaggerated?"
YG's LISA is Thai and has a hot body, so she has indeed attracted a group of fans.
But Cao Yu doesn't believe that Girls' Generation's popularity will be overshadowed.
"It can't be helped. Girls' Generation's Kim Taeyeon was photographed shopping with EXO's Byun Baekhyun last month, which affected Girls' Generation's reputation."
"Depend on!"
In Korea, fans don’t like to see idols dating. If their favorite idols date, fans will feel betrayed and will stop being fans.
Cao Yu understood this very well.
"I'll handle it."
Cao Yu was about to leave after saying this.
Lee Soo Man hurriedly called him and said, "Chairman, what about BLACKPINK's debut?"
"Please arrange it. I'll go and see it this afternoon."
Cao Yu said as he walked towards Girls' Generation's practice room.
In fact, Girls' Generation is very popular, and they and T-ARA are still the two most popular groups in Korea.
Especially Girls' Generation's two albums last year, "The Boys", won many awards, which is completely incomparable to LISA, a trainee who has not yet debuted.
But the news of the captain's love affair has such a negative impact.
In Cao Yu's opinion, it doesn't matter if you and Byun Boxian can be together until the end, but since you are destined to break up, don't affect the company's performance.
At this time, several girls gathered in Girls' Generation's training room.
"Captain, the president is here."
When Jessica Jung went to the bathroom just now, she heard about the president returning to the company and had a bad feeling about the captain's situation.
"The president is here?"
When Kim Taeyeon heard this, her heart tightened.
Last month, she was just shopping with Baekhyun and was photographed. As a result, fans of Girls' Generation and EXO were furious.
Girls' Generation's fans scolded Baekhyun, while EXO's fans scolded themselves.
This caused damage to the reputation of both groups, and he was really afraid that the president would get angry when he came.
Choi Sulli saw the captain's worry and comforted him, "Captain, President OPPA won't do anything to you, right?"
"Yeah, OPPA is such a nice guy, it's okay."
Lin Yuna thinks so too.
But Kim Taeyeon recalled the last time she was targeted and said, "You say that because you like him. Actually, the president is quite scary."
She felt that she had caused a bad influence on the company, and being scolded was the least of her worries. She could also be punished physically or even fired, and Girls' Generation might have to change its leader.
This kind of thing is quite common in entertainment companies, and nowadays there is no shortage of trainees in the companies, and their quality is very good.
Just as he was thinking about it, the door of the practice room was pushed open and Cao Yu walked in with a frosty face.
"Kim Taeyeon, come here!"
As soon as he entered the door, Cao Yu said this coldly without waiting for everyone to greet him, which scared everyone.
It seems that the president is really angry?
Could it be that he has feelings for Kim Taeyeon and that’s why he’s unhappy?
Soon, others could not help but make wild guesses.
(End of this chapter)
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