The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 62

"Boss, the plan is going very well. Shunyang Group now knows that Handao Steel is about to go bankrupt and become insolvent. What should we do next?" Wu Shixian asked curiously to the side while holding a cup of coffee.

"Let's also reveal the news to Daying Group. If Shunyang Group acquires Han Dao Steel so smoothly, what's the point? Only when two tigers compete, we viewers will enjoy watching it." Chen Daojun smiled slightly and said casually He told me his next plan.

"But, boss, aren't you from the Shunyang Group? Wouldn't this be inappropriate?" Wu Shixian said hesitantly.From his point of view, as a member of the Chen family in Shunyang, Chen Daojun's behavior seemed a little unreasonable.

"A shopping mall is like a battlefield, how can a soft heart make great things happen. Besides, I am only the youngest son of the illegitimate son of the Shunyang Group, and I am not the heir of the Shunyang Group, so why should I worry about Shunyang's affairs!"

Chen Daojun's self-deprecating answer made Wu Shixian stunned for a moment. After thinking for a while, he suddenly realized that it was no wonder that such a monstrous investor as Chen Daojun approached him and an agent like Li Taiyong to form a company, annex many companies, and even set up a group. With such brilliant achievements, he still lives in seclusion behind the scenes.

"Boss, you have planned so much, are you trying to seize Shunyang Group?" Wu Shixian said jokingly.

"It's not just Shunyang? Daying, Xianjing SK, Lejin LG, Letian... I want them all! I want [-]% of the chaebols of Bangzi Country!" Chen Daojun revealed his feelings at this moment, and he was careful. After all these years, wasn’t it just that one day I would collect all of this and build my own business empire?

Wu Shixian did not expect that his boss Chen Daojun, who was only 16 years old, would have such big ambitions. You must know that even Daying Group or Shunyang Group are similar in size to the current Miracle Group, or even bigger. Pass it.

Their Miracle Group relies on its abundant cash flow and the background of the Wall Street consortium of Beautiful Country to stabilize other consortiums and reach the top of the pyramid of Bangzi Country's chaebols.

……

"Boss, do you think that if Chairman Chen Yangji knew how powerful his little grandson was in the future, would he regret not handing over Shunyang Group to you earlier? I think that in your hands, Boss, Shunyang Group will be able to defeat Daying very soon. Group, to be number one in Bangzi Country?" Wu Shixian joked.

"I don't know if he regrets it later. But if he knew that I could take down the Daying Group and defeat Chairman Zhu Yirong's juniors, he would be very happy." Chen Daojun did not answer directly, but brought up Chen Yangji's nemesis Daying Group and Zhu Yirong.

"Hahaha! Boss, I really have you!"

……

------Dividing line-------

Daying Group.

"Father, I just received news that Hando Steel is about to go bankrupt due to poor management. If our Daying Group can win Hando Steel, it will definitely be of great help to our group's automobile, shipbuilding, and construction companies." The eldest son, Zhu Mengxu, rushed to report to Zhu Yirong with the materials.

Zhu Yirong did not express his position, but took the materials brought by his son and read them carefully.Zhu Yirong, who was still a little confused at first, frowned when he saw the data analysis and financial status report listed in the report, "Han Dao Steel's debt is so high, no wonder it will go bankrupt... If it is acquired, I'm afraid it will have to repay a large sum of money." Loan!"

"Dad, don't forget, if we don't take action, Han Dao Steel will probably fall into the hands of Shunyang Group. If that old fox Chen Yangji gets Han Dao Steel, he will definitely become more arrogant!" Seeing Zhu Yirong, he still considered it. , Zhu Mengxu couldn't help but urge.

You must know that Hando Steel, as the largest steel smelting company in Bangzi Country, almost supports 65% of the domestic steel supply in Bangzi Country.Once Hando Steel goes bankrupt or is bought by a competitor like Shun Yang Group, those subsidiaries of Daying Group will not be happy.Without steel supply, these subsidiaries will definitely reduce production or even stop production for a period of time.At that time, the revenue of the entire company will also be greatly affected.

"Let me think about it again..." Zhu Yirong still didn't make up his mind.Because their Hyundai Group has just improved a bit in the past two years, and their cash flow is not very abundant.Under the impact of "Black Monday", many industries of Daying Group have been affected, and the revenue has been unsatisfactory for many years in a row. It was not until the past two years that it gradually recovered.

To acquire Hando Group and repay its debts, at least 7000-8000 billion won (approximately 6-7 million U.S. dollars) must be spent. Even if they are the Daying Group, if they pay so much money at once, it may affect the group. daily operation.And looking at the miserable state of Han Dao Steel, I am afraid that it will need a certain amount of capital injection and management to bring it back to life. This is another big expense!
……

Shunyang Group conference room.

"Chairman, according to our calculations, if we want to win Hando Steel, we will need at least 5000 billion won." After two rounds of reviews, the finance department staff on the side finally gave a purchase price.

"Axiba! 5000 billion? My old capital is going to be wiped out. This is forcing me to eat dirt!... Then what are the benefits of buying steel? It can be sold. "Chen Yangji asked helplessly.

"Hando Steel has a large logistics warehouse in Busan. As long as the land is used for development and the building is built and sold, it should be able to make a profit of 2000-3000 billion."

When Chen Yangji heard what his subordinates said, his originally gloomy old face softened a lot. If it was only about 3000 billion plus about 4000 billion in debt, and the price was less than 7 million US dollars, he would be able to give it a go and win it. Hando Steel.

"President, I'm afraid things won't go so smoothly. Although the news that Hando Steel is insolvent and about to go bankrupt has not been reported yet, once we start the acquisition, our competitor Daying Group is likely to get involved. The importance of Han Dao Steel to our Shunyang Group is the same as that of their Daying Group. Once the two sides compete, the purchase price will definitely be raised a lot!" Director Li on the side saw Chen Yangji moved, and said They directly reported the information and predicted situations obtained by their secretary office to Chen Yangji.

"Director Li's secretary office has always been well-informed and the predictions made are quite accurate. We also have to take Daying Group's reaction into consideration." Chen Yongji nodded in agreement.

"That's right, the Daying Group also owns the automobile industry, heavy industry and shipbuilding industry. It is impossible for them to sit back and watch Shunyang acquire Handao Iron and Steel and remain indifferent." The second son Chen Dongji said.

(End of this chapter)