Hong Kong: Rise of the Kings.

Chapter 1062: 1048 [King vs. King]

7pm——
Lee Byung-chul, chairman of South Korea's Samsung Group, hosted a banquet at the Shilla Hotel to entertain Du Yongxiao and his delegation.

As a guide, Li Jianxi certainly would not miss this opportunity to show off. When Du Yongxiao came out of the Seoul Hotel to attend the banquet, he had been waiting at the hotel entrance for a long time.

Seeing Du Yongxiao coming out, Li Jianxi immediately stepped forward and shook hands with Du Yongxiao cordially, saying, "Mr. Du, let me lead the way to the hotel this time! We are good friends, aren't we?"

Du Yongxiao smiled: "Of course."

The two smiled at each other, knowing what was going on.

Now they are on the same front.

Du Yongxiao wants to invest in Samsung and dig into its foundation.

Lee Jianxi wants to use Du Yongxiao's power to save Samsung Electronics and inherit the Samsung Group.

The two of them have their own goals, and on the surface they are of course very friendly friends.

Du Yongxiao and others got in the car.

Li Jianxi drove the car in front and led the way.

After about twenty minutes, we arrived at the Shilla Hotel.

This hotel was invested by Samsung Group. In the future, the hotel failed and suffered heavy losses, so Lee Jianxi handed it over to his daughter Lee Boo-jin to manage. Originally, it was just to find something for his daughter to do.

Who knew that Lee Boo-jin was such a strong woman and she actually brought the Shilla Hotel back to life. In comparison, her brother Lee Jae-yong, who would inherit the throne in the future, was overshadowed. Under his management, his father's base, Samsung Chemicals, almost went bankrupt.

This also led to Lee Boo-jin becoming a strong competitor of Lee Jae-yong in the future. Many people speculated that Lee Jianxi would pass the position of chairman to his super capable daughter.

At this time, Lee Boo-jin made the biggest mistake and fell in love with Lim Woo-jae, her personal bodyguard and driver who used to pick her up from school. Her elder brother Lee Jae-yong immediately took advantage of the situation and expressed his appreciation and support for his sister's concept of free love and encouraged her to boldly pursue happiness.

In this way, the love-brained Lee Boo-jin was directly schemed by her eldest brother. In order to marry the bodyguard Lim Woo-jae, she did not hesitate to fall out with her father Lee Gun-hee. In the end, she was directly deprived of her inheritance rights by her father, which benefited her eldest brother.

It can be said that a good father will have a good son.

Lee Jae-yong's conspiracy was a perfect adaptation of his father Lee Gun-hee's.

The convoy stopped.

Li Jianxi enthusiastically got out of the car first and opened the door for Du Yongxiao personally regardless of his status.

Lee Byung-chul, his two sons, and a group of Samsung Group executives were all waiting at the hotel entrance.

Li Bingzhe witnessed his third son's behavior with his own eyes, and there was no emotion on his face.

It seemed that Li Jianxi's loss of face had nothing to do with him.

In fact, Lee Byung-chul agrees with this.

Today's Samsung Group is the largest company in South Korea. The Lee family, father and son, are like an imperial family and are respected by many people.

But Lee Byung-chul is an experienced person. When he founded the Samsung Grocery Store, in order to attract Japanese people to patronize the store and buy their rice, flour, grain and oil, he even opened the car door for the Japanese like Lee Jianxi did and polished their shoes himself.

The only difference is that now the people Li Jianxi serves have changed from Japanese to Chinese.

Li Mengxi and Li Changxi looked at their third brother with contempt, seeing how "cowardly" he was.

"Damn, what a thing! Being so humble and fawning to a Chinese person!" Li Mengxi spat.

"He's just asking for help!" Li Changxi rubbed his nose in annoyance. "He treats me like a boss because I'm rich! Isn't his main purpose to inherit Samsung?"

Just as the two were talking in a low voice, Li Jianxi came over with Du Yongxiao and others.

"Father, let me introduce you! This is Mr. Du Yongxiao Du from Hong Kong!"

"Mr. Du, this is my father, and also the chairman of our Samsung Group!"

Li Jianxi acted as an introducer and made the introduction very enthusiastically.

Li Bingzhe stepped forward and held out his hand to Du Yongxiao: "Hello, Mr. Du, I am Li Bingzhe! Welcome to Seoul!"

"Hello, President Li! I've heard a lot about you!"

Du Yongxiao and Li Bingzhe shook hands and looked at each other.

Li Bingzhe was surprised that Du Yongxiao was so young and handsome. He looked even more like a star than many male stars in Korea. Looking at Du Yongxiao's temperament, he was not timid in front of a big shot like him. Instead, he was neither humble nor overbearing, and had a strong spirit.

Du Yongxiao was surprised at Lee Byung-chul's kindness and ordinariness. He looked like the grandfather next door, with kind eyes, especially when he smiled, which gave people a warm feeling. Who would have thought that this man was in a high position of power, and when he was ruthless, he would not even let his own son go, and directly sent the other party to jail in his place, and even crippled his son for this.

"This is my eldest brother Li Mengxi, and my second brother Li Changxi!" Li Jianxi continued to introduce.

Li Mengxi and Li Changxi shook hands with Du Yongxiao in a very unfriendly manner.

Du Yongxiao didn't take these two idiots seriously. How stupid could they be to be outdone by their own brother?
Next came the top executives of Samsung.

This time Du Yongxiao paid attention. When he introduced Kim Jong-ki, the "Godfather of Korean Chips", Du Yongxiao looked at him a few more times.
Just as described in the data -
He is thin, in his thirties, with gray hair, and wears a pair of black-framed glasses. He looks a little serious, stubborn, or even dull.

Du Yongxiao smiled at him and said, "Professor Jin, right? I've heard a lot about you. I heard that you're not doing well at Samsung. Is that true?"

"Uh, how is that possible? I never said that!" Kim Jong-ki said in surprise.

He didn't expect Du Yongxiao to talk to him on his own initiative, and he didn't expect Du Yongxiao to say such words.

At this time, Li Bingzhe and his son and others were looking at him with different expressions.

"Really? Maybe I heard it wrong. I heard that Professor Jin likes to complain. He said that he has been working hard on research and development. His hair has turned white in his thirties, but his salary has not been improved in any aspect."

It was obvious that Du Yongxiao's words were setting a trap for Jin Zhongji. Most people would have just laughed it off without giving too much explanation, and would have just said, "Mr. Du, you must have remembered the wrong person," and gotten away with it.

However, Jin Zhongji is a scholar, not a scheming person. When he heard this, he blushed and explained, "No, I didn't say these words. I just said that the company is always stingy when it comes to R&D, but is very good at eating and drinking! If you can give me more money, I will definitely speed up the R&D!"

As soon as these words came out, there was a commotion at the scene. Li Bingzhe's kind face suddenly turned gloomy.

Li Mengxi, Li Changxi and Li Jianxi all looked unhappy.

eat and drink?

Doesn’t this mean that they, father and son, only know how to eat and drink, but not research and development?

This is a slap in the face in public!

When Jin Zhongji saw the wrong reaction around him, he knew he was wrong, and waved his hands to make amends to Li Bingzhe: "Chairman, that's not what I meant. What I meant was that the unnecessary expenses of the group are too large. For example, the last time you celebrated your birthday, you spent too much money. It was unnecessary! Ahem, that I——"

The more Kim Jong-ki tried to remedy the situation, the worse it got.

Du Yongxiao now understands why this person will be known as the "Godfather of Korean Chips" in the future and can train hundreds of semiconductor talents, but he himself is always only at the professor level and cannot become a famous semiconductor tycoon. His EQ is too low!
Sure enough, Li Bingzhe's face was extremely gloomy.

If Lee Byung-chul had heard these words during his entrepreneurial period, he would not necessarily be angry, because he knew the saying "good steel should be used for the best blade". But now, like many founders, Lee Byung-chul's thinking has changed after he became wealthy, especially in terms of consumption concepts. He has a feeling of "I have worked hard all my life, why can't I enjoy myself a little?"

For this reason, Lee Byung-chul celebrated his 68th birthday in a "lavish" way. Not only did he hold a grand banquet in Silla, he also invited handsome men and beautiful women from the Korean entertainment industry to celebrate his birthday. The event was so grand that even the Chosun Ilbo reported on it for three consecutive days.

Afterwards, although Lee Byung-chul felt that his birthday celebration was a bit extravagant, especially since Samsung Electronics was in a financial crisis, it seemed wrong for him to do so, but no one said anything and no one dared to mention it.

Lee Byung-chul no longer blamed himself, thinking that it was just this once, just a luxury, and compared with his hard work over the years, it was just a drop in the bucket.

But today, in front of so many people, this stupid Kim Jong-ki actually criticized me in person. How could I tolerate this?
At the moment when he was getting angry, Lee Byung-chul suddenly seemed to think of something. His eyes flashed, and his face regained calm. He actually took the initiative to walk towards Kim Jong-ki.

Kim Jong-ki knew that he was wrong again and again, and was already trembling with fear. He took off his glasses and wiped the cold sweat from his forehead. When he saw Lee Byung-chul approaching, he was even more frightened.

Li Jianxi and others were waiting for Lee Byung-hun to get furious. Some people felt sorry for this stupid professor, and of course, some people were gloating and waiting to watch the fun.

Lee Byung-chul walked up to Kim Jong-ki.

Kim Jong-ki opened his mouth and tried to explain, but Lee Byung-chul held his hand and said, "I'm sorry, Professor Kim! It's all my fault!"

"Uh?"

"I shouldn't have misappropriated the company's funds to do my own things, and I shouldn't have spent my birthday extravagantly! These are all my fault, and you reminded me! Now I promise in front of you that I will give priority to using the funds for chip research and development in the future..."

Li Bingzhe's scene shocked everyone.

"Father, you—"

"Mr. President!"

Everyone didn't know what to say.

Du Yongxiao looked at Li Bingzhe and felt his opponent's power for the first time.

This,
He is a powerful enemy!

……

Although it was their first encounter, Du Yongxiao and Li Bingzhe had already been secretly fighting each other.

On the surface, Lee Byung-chul was friendly towards Du Yongxiao. Not only did he lead the senior management to personally welcome Du Yongxiao, he also prepared a sumptuous dinner for Du Yongxiao. In fact, he had already begun to be wary of Du Yongxiao, especially the trick of smiling but hiding a knife that Du Yongxiao had just used, which had made Lee Byung-hun realize the insidiousness of this young man.

Of course, through this test, Du Yongxiao also found out the true background of this seemingly kind old man. He is meticulous and able to swallow his pride and admit his mistakes in public, and win people's hearts at the same time. It can be seen that this person's degree of thick-skinnedness has been cultivated to a certain level.

When Du Yongxiao faced this old man with a heroic demeanor, he certainly did not feel emotions such as "respectable" or "admirable" as reported by foreign media in South Korea.

Du Yongxiao only hopes to learn more about the methods of these old foxes who are influential in South Korea through his meeting with him.

Overall, Du Yongxiao was quite satisfied with his performance. In the next meeting with Lee Byung-chul, Du Yongxiao briefly introduced the development history and investment advantages of the Du Group as usual, and talked about the various achievements of the Du Group in overseas investment.

Originally, these were just polite remarks, but what surprised Lee Byung-chul was that Du Yong-xiao did not follow the usual practice of talking about the big picture, but instead cited the example of the Du Group's investment in the American Fox-Paramount Film Company.

Du Yongxiao talked about how the two film companies went from losses to profits and thus surpassed their previous glory to achieve success. This naturally involved some investment policies of the Du Group. Through this legendary short story, the Du Group's advantages and strategies in investment were all alluded to, which was extremely impressive.

Although Lee Byung-hun didn't like the cunning little fox Do Young-hyo, he and his three sons, as well as the Samsung Group's delegation, listened with great interest.

After Du Yongxiao finished speaking, Li Bingzhe smiled and said, "Mr. Du is indeed not an ordinary person. He can even tell such a boring investment event as a story and make it very clear and logical, which makes us all listen with great interest. However, there seems to be a key point that you did not mention--"

"I'd like to hear more about it." Du Yongxiao asked with an open mind, "This way we can learn from each other and make progress together, right?"

Li Bingzhe took a sip of coffee and smiled slightly: "That is, the control of these two film companies has changed from being controlled by the Americans to being controlled by you, isn't it?"

Du Yongxiao shrugged: "That's true. But why not?"

"Why not? For our Samsung Group, the loss of control over any subsidiary represents the incompetence of us managers!" Lee Byung-chul said in a loud voice, and there was silence at the scene.

Li Bingzhe stared at Du Yongxiao quietly, like an old tiger lying dormant in the grass hunting a fox.

The atmosphere became tense.

Some of the timid ones didn't even dare to breathe.

Li Jianxi couldn't help but jump out at this time.

After all, it was he who brought Du Yongxiao here. If his father Li Bingzhe said this, wouldn't it mean that he was inviting a wolf into the house?
"Father, please don't misunderstand me. Mr. Du came to Seoul this time to help us. How could he want to take our Samsung Electronics management rights?"

Lee Byung-chul did not answer.

The eldest brother, Li Mengxi, said, "Third brother, are you still stubborn? Don't you see who he is? How could he be so kind to help us?"

"Yes, third brother, you are obsessed with the devil. Don't you think about who is Du Yongxiao? He took over both Fox and Paramount. These are all lessons from the past!" said the second brother Li Changxi.

"Father, elder brother, second brother--" Li Jianxi didn't know what to say, so he turned his head and looked at Du Yongxiao, "Mr. Du, you are not really like that, are you? You are investing in Samsung Electronics and you are not going to take our management rights, right?"

In full view of the public -
Du Yongxiao smiled. He took a sip of coffee, looked at Li Jianxi, then looked at Li Bingzhe, and then glanced at everyone at Samsung and said, "I'm here to invest, not to do charity. Tell me, do I want the management rights of Samsung or not?"

(End of this chapter)