The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 61 Bankruptcy of Han Dao Steel (please collect, please vote)

A week later, I was fasting.

Chen Yangji is leisurely drinking coffee and reading newspapers in the garden.Son-in-law Cui Changji drove to Zhengxinzhai with a copy of materials.After asking about Chen Yangji's location, he hurried over with the materials.

"President, please have a look at this document." Cui Changji respectfully handed over the document in his hand.Chen Yangji, who was still reading the newspaper, glanced sideways at the back of the document bag, and the words Bangzi Guo Prosecutor's Office were impressively printed on it.

Chen Yangji didn't think too much, put down the newspaper in his hand, and opened the document.It turned out that the document bag contained an investigation report on Han Dao Steel.Chen Yangji frowned when he saw this material.

Seeing this, Cui Changji quickly explained, "According to the information we have, Han Dao Steel should last less than a month, and now is a good time to buy it at a low price!"

"Hmph—! Who told them to use large loans to expand their scale? It's normal for the capital chain to be broken." Chen Yangji said with some disdain.Their Shunyang Group has a lot of funds. At the beginning, under the suggestion of the young grandson Chen Daojun, he made a profit of 60 billion US dollars in the "Black Monday" incident.Over the years, Shunyang Group has relied on this dividend to expand frequently, set up subsidiaries to set foot in many fields, and is on par with the number one Daying Group in terms of scale.

(Note: The prototype of the Daying Group is modern. When the old chairman was still there, he was the veritable No. [-] chaebol in Bangzi Country. After the old chairman passed away, family strife for power led to the disintegration of the group, which gave the chaebol who came behind replace the first chance)
It's just that the frequent expansion has also caused the reserve fund to be consumed sharply.At present, most of the 60 billion US dollars have been spent, but the remaining 24 billion US dollars is still an amazing cash reserve for other companies in Bangziguo.

"But if Hando Steel can be acquired this time, it should be of great help to subsidiaries such as Shunyang Heavy Industry, Shunyang Machinery and Shunyang Automobile that use steel as the main material."

Cui Changji didn't seem to be moved when he saw Chen Yangji, so he explained with a smile.He originally planned to use this material to find Chen Yangji, so as to obtain his support for running for parliament and embarking on an official career in return, but now the plan seems to deviate from his expectations, and it may be difficult to give birth if he does not rescue him.

Chen Yangji didn't care about Cui Changji's big words, and continued to read the report in his hand, but the above situation was too shocking. "Oh, what to do with such a huge debt!"

Chen Yangji left the report on the table with a look of disgust.The total debt is almost close to the market value, that is to say, after buying Handao Steel, they will have to spend double the money to repay the debt. Such a loss-making transaction is too cost-effective!
"In terms of debt, the government can provide guarantees. The repayment period can be greatly extended. Even if it is postponed for a few more years, there will be no problem." Cui Changji said with some unwillingness to give up. He really didn't expect his father-in-law Chen Yangji to be so calm and rational. His previous persuasion seemed to have had no effect.

"Hmph! Can YS (Yongsan) be trusted?" Chen Yangji sneered and didn't say any more.Since this Mr. Jin was elected in 93, he has adopted a series of measures such as strict anti-corruption measures, publicizing the property of public officials, and implementing a financial real-name system.And its fundamental purpose is to suppress the plutocrats in different ways, and even want to separate the financial power and completely separate the government and the plutocrats.

Cui Changji got stuck when he heard Chen Yangji's words.This Mr. Jin at the Blue House is not very kind to the chaebol. His proposal just now is likely to be rejected by him, and the feasibility is not high.

"However, if Hando Iron and Steel goes bankrupt suddenly, the impact will definitely affect many industries. The Blue House will not let such a bad thing happen, and will definitely try to avoid it." The helpless Cui Changji could only reluctantly explain a sentence, what he said, He himself was a little unsure.

"Hehe, there is a son-in-law in the prosecutor's office, so reliable!" Chen Yangji did not express his opinion, but said something irrelevant.

Seeing this, Cui Changji thought it was Chen Yangji who had softened his attitude, and quickly expressed his loyalty, "While I am still in the prosecutor's office, I will offer you one last gift."

"What? Cui son-in-law is leaving the prosecutor's office and going to a law firm?"

"I mentioned that during the previous general election for members of the National Assembly, YS announced that it would recruit talents. It plans to recruit talents from the judiciary and lawyer circles. I will definitely run for the election this time. Father-in-law, can you..." Cui Changji was shameless. Another purpose of his coming this time was proposed.

It's just that Chen Yangji's expression remained the same, and he said in a flat tone, "Ruei Island, the wind on this island is not small! You...do you want to participate in politics so much?"

"Father-in-law, please help me Yang Fan! I want Shunyang Group to sail to a wider sea." Cui Changji said sincerely.

"Okay, let's try it! Let's see if our son-in-law Cui's boat can sail to the sea." Chen Yangji and Cui Changji stared at each other for several seconds, and finally Chen Yangji took a step back, not insisting on his own ideas as usual.

"Father-in-law, please rest assured, I will definitely do my best and will not let you down!" Cui Changji bowed respectfully to Chen Yangji, and said excitedly.

……

After leaving Zhengxinzhai, Cui Changji, who was sitting in the car, dialed the phone, "President Wu, the plan you put forward before has succeeded. My father-in-law has agreed that I should run for the council."

"Mr. Cui, then congratulations. Next, our Miracle Group will support you to win the election. It's just that the cooperation we reached before, Mr. Cui, don't forget." On the other end of the phone, Wu Shixian from the Miracle Group officially .

"I will never forget it! How could I succeed without the help of President Wu?" Cui Changji hastily stated that he would absolutely abide by the conditions of cooperation.

It turned out that a few days ago, Chen Huarong and Cui Changji received a call from Wu Shixian, the vice president of Miracle Group.Wu Shixian put forward straight to the point that he hoped to have in-depth cooperation with Shunyang Department Store.

This made Chen Huarong and Cui Changji overjoyed. Neither of them expected that a top chaebol like Miracle Group would take the initiative to offer them an olive branch.Chen Huarong thought of her own and her husband's ambitions, and immediately suggested cooperation, but Miracle Group needs to help her husband Cui Changji run for parliament.

You must know that behind the Miracle Group stands the big conglomerate of Wall Street in the beautiful country. It is already a close secret among the top management of the entire country. Mr. Lu was impeached and stepped down two years ago. I heard that it was also related to this Miracle Group.

If there were such a powerful and financially powerful chaebol to support Cui Changji, wouldn't his dream of running for Congress and embarking on an official career come true easily? !Unexpectedly, President Wu readily agreed to the couple's request after thinking about it for a while.

In the next few days, the two sides finalized specific cooperation matters.Wu Shixian even asked people to help formulate several plans to help Cui Changji rise to the top.And this Han Dao Steel is one of them.

　The third update has been uploaded!thanks for your support!

　　PS: Mengxin who has just been here for less than a month, if the book is not well written, please correct me.If you have good suggestions, please comment and leave a message. ^_^
　　
　
(End of this chapter)