The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 70
There is no impenetrable wall in the world. The news that Han Dao Iron & Steel was insolvent and on the verge of bankruptcy was finally shown on TV.

"Hando Steel is hesitant to borrow excessively in terms of operations. It is currently unable to bear financing costs and announced its bankruptcy today. So far, Hando Steel has a total debt of more than four trillion won (about 33 billion U.S. dollars). We are worried about the bankruptcy of the company, and worry that it will have a huge social and economic impact."

"Hando Steel ranks No. 14 in the financial world and holds debts of 42000 trillion. It is the largest non-performing company in history. It will completely collapse in the near future."

Following the bankruptcy of Hando Steel, the news of 4 trillion yuan in debt was reported by several major TV stations in turn, causing an uproar in the entire Bangzi Country.None of them expected that a large enterprise with such a high rank as Han Dao Iron and Steel would go bankrupt with a shockingly high debt.

……

Zheng Xin Zhai.

"Chairman, Vice Chairman Chen Yongji has decided to personally participate in the negotiations for the acquisition of Han Dao Steel. There will be news soon." Director Li said to Chen Yangji, who was reading the newspaper.

"... I hope so." Chen Yangji finished flipping through the newspaper, raised his head and glanced at Director Li, but he had other thoughts in his mind.He and Zhu Yirong of Daying Group have been fighting in the shopping mall for so many years. Now that Handao Steel has collapsed, how can Daying Group stand by and watch them acquire Handao Group?

……

Shunyang Property Vice President's Office.

After receiving the news from his subordinates, Chen Yongji rushed over. Two subordinates who had been waiting bowed to Chen Yongji, and then said apologetically, "Vice President, I'm sorry. There is a problem in our negotiations with Han Dao Steel." . The 3000 billion we prepared cannot be successfully acquired during negotiations."

"Why did you not talk about such an important matter until now?" Chen Yongji said angrily.

"The creditor group proposed a purchase price of 4500 billion for Hando Steel. Besides us, someone else wants to purchase Hando Steel for 4500 billion." Another cadre who went to negotiate said.

"So, is the opponent the Daying Group?" Chen Yongji quickly thought of the Daying Group that was competing with Shunyang Group everywhere. If it was them, it was reasonable.

"Yes, it's them!" the cadre replied somewhat depressedly. "Originally, we had almost reached an agreement with the debtor group. But suddenly, several heads of the creditor group suddenly changed their minds and said they were the vice president of Daying Group. Zhu Mengxu offered 4500 billion! Unless our bid is higher than theirs, they will be more inclined to sell Handao Group to Daying!"

"Axiba! This guy Zhu Mengxu is really haunted!" Chen Yongji cursed angrily.Over the years, Shunyang and Daying Group have clashed no less than ten times, and Zhu Mengxu, the vice president of Daying Group, is also an old rival with him, but the other party's methods and strategies are obviously better than his. After several confrontations, He lost more than he won and suffered a lot of losses.

……

"Vice President Zhu Mengxu, I don't know why you are willing to pay a high price of 4500 billion yuan to acquire Handao Iron and Steel?" After getting the high price of 4500 billion yuan offered by Daying Group to acquire Handao Iron and Steel, many news media reporters said: When they heard the news, they all gathered around the headquarters of the Daying Group, trying to obtain first-hand interview materials.

"Yes, our Daying Group did offer 4500 billion to acquire Handao Steel. Many people may think that this offer is high, but what we value more is the future of Handao Steel. After acquiring Handao Steel, it will be a big blow to our Daying Group Many of its industries will be of great help." Zhu Mengxu was not afraid in the face of many journalists and interview microphones, and still talked eloquently.

All the journalists heard what Zhu Mengxu said, and they all recorded and photographed the "brilliant" scene.Soon the next day, news reports about Daying Group’s acquisition of Hando Steel at a high price appeared in the newspapers, and many media even praised Daying Group as a conscientious and patriotic enterprise!
……

Such news naturally made Shunyang Group, a competitor, very angry. It would not be an exaggeration to say that it was a slap in the face.After all, the negotiation materials they submitted before were hoping that Han Dao Steel would be sold at a reduced price. Daying Group actually offered 4500 billion, which was a lot higher than theirs. It was really a slap in the face!
……

Miracle Group President's Office.

"Boss, are you sure you want to do this?" Rachel said melancholy while holding the cosmetics.

"I don't want to expose it yet. Since the other party wants to see me so much, let her do what she wants. Put on some makeup for me, and try to make it as mature as possible." Chen Daojun patted Rachel's buttocks and urged.

"Okay. It's just the face of the boss, I'm really reluctant to do it." Rachel took the opportunity to touch Chen Daojun's face, and said with some reluctance.

Chen Daojun, who has inherited the beauty of Chen Yunji and Li Hairen, can be called a handsome guy in terms of height and appearance, not much better than those idol stars in reality.

"Ahem, Rachel, pay attention to the impact! It's still time to go to work." Wu Shixian, who was watching the play, coughed lightly, gently reminding that the atmosphere between the boss and secretary Rachel in front of him is getting more and more ambiguous, and he is still going to work. It's time, hold back a little bit!
"Pfft——! Oh, I almost forgot, our President Wu is still single! You can't see this kind of situation." Rachel then withdrew her hand that was still wiping oil and smiled at Wu Shixian.

"..." Wu Shixian instantly felt full of malice, and his firm heart was severely hit by this little secretary's words!

"Okay, let's get down to business. Hurry up and put on my makeup. The agreed meeting time is almost here." Chen Daojun saw Wu Shixian's embarrassed look and quickly urged Rachel to put on his makeup.After all, it is not polite to be late when you are meeting and negotiating with someone for the first time.

……

Soon the group came to Myeongdong in the central district of Seoul.The commercial street here is prosperous, and the embryonic form of the "shopping paradise" of later generations has already begun to be seen.It's just that the destination of their trip is not a high-rise building, but an old-fashioned house.

If you weren't familiar with it, you probably wouldn't have thought that Baek Fu-ja, the famous moneylender tycoon in the Myeongdong area, would actually live in such an old house.Chen Daojun walked in with Rachel and several bodyguards.But when they entered the courtyard, they found a vegetable field in front of them. An old lady with gray hair was planting vegetables in the vegetable field, and a young girl squatted aside to help.

"We shouldn't have come to the wrong place, right?" Chen Daojun couldn't believe it when he saw the scene in front of him, and he turned to the secretary Rachel to confirm. "It shouldn't be wrong, right?...The address President Wu told me is here!" Rachel was also confused, didn't she say that this is the residence of a money lender in Myeongdong?What's the matter with this appearance?

"..." Chen Daojun didn't know what to say for a moment.

"Grandma, it seems that a guest is here." The little girl on the side saw several people standing at the door, and immediately reminded the old lady who was still working in the vegetable field.

　The third update has been uploaded, thank you for your support!
　　
　
(End of this chapter)