3.7 percent.

This ratio is obviously not satisfactory to Kevin Lee, whose plan is to acquire at least half of the shares of Neowizbugs, the second-largest shareholder, at least more than 5.4 percent of the total share capital.

At that time, Li Kaiwen's shares will be close to Li Xiuman, and he will become the second largest shareholder with a strong voice.

S.M Entertainment is gaining momentum, especially after the establishment of a joint venture with Huace Film and Television to gain a partner to enter the Chinese market, Neowizbugs is not in a hurry to cash out and sell its shares.

The cost of a full takeover is too high, and neither Li Kaiwen nor Nonghyup Bank can do much.

If it weren't for Li Xiuman's reaction, Li Kaiwen would have bought shares directly from the secondary market, and would not have entrusted Nonghyup Bank at all, and could even directly use the sub-account of Nonghyup Bank to manipulate the stock price to achieve the purpose of making profits and buying stocks, just like he did before attacking S.M Entertainment Company.

Even though he holds more than 10 percent of the shares of S.M Entertainment, Kevin Lee has never had S.M's interests at heart. Now his patience was running out, and he didn't have time to negotiate with Neowizbugs.

With 3.7 percent, plus his previous shares, which is more than 15 percent of the total share capital, Li Kaiwen is firmly the second largest shareholder of S.M. and fully owns the conditions for negotiations with Kim Young-min.

After talking about business, he made an appointment with Director Choi Il-sun and played golf, but Lee Kai-won didn't even return home, and left Nonghyup Bank and went directly to Samseong-dong S.M Entertainment Company.

He was made angry by Song Ji Fan Yang's disobedience, and if he didn't solve the problem of Girls' Generation's operation rights, Li Kaiwen would not go well when he went on vacation to Florida.

Samseong-dong S.M Entertainment Company new site. President's Office.

Lee Kaiwen met Kim Young-min.

After Lee so-man resigned as a director to focus on artist and music management. The administrative power of S.M Company rests with Kim Young-min, the president of Korea University, who graduated from sociology at Korea University.

Kim Young-min also showed his talent as a professional manager. He led S.M to become a leader in Hallyu, and the company's stock price jumped from a low of less than 1,000 won in 2008 to more than 20,000 won in 2013.

For Kim Yingmin, interests are above all else, and Li Kaiwen wants to impress Kim Yingmin with interests.

"Director Li. When Jin Yingmin heard a knock on the door, he looked up and saw that it was Li Kaiwen, and a smile appeared on his plain face.

Li Kaiwen usually goes to the Three Treasures Hall for nothing, and he must have come to him to discuss something, and Kim Yingmin believes that he will bring good news to him.

"President. Li Kaiwen hurriedly stepped forward, walked to Kim Yingmin's desk and stood still, his eyes burned, and he said, "I hope I will run Girls' Generation." ”

Li Kaiwen knows Kim Yingmin's character, he likes to talk about things straightforwardly, and he doesn't like to go around in circles, so he put forward his requirements straight to the point as soon as he met. In addition, Li Kaiwen did not have the leisure to go around with Kim Young-min, for the sake of Lim Yoon's future development and freedom, as well as his own happy life, he was more eager than anyone else to take charge of the operation of Girls' Generation.

Kim Yingmin was not surprised by Li Kaiwen's request, he had already known that Li Kaiwen and Lin Yuna were dating. With Kaiwen Lee's autocratic personality, sooner or later he will ask to be in charge of Girls' Generation. Kim Young-min originally thought that Li Kaiwen would have a say in the board of directors before making a request, but he didn't expect him to wait so soon.

In the end, it is young and vigorous.

"Maybe Director Li is not aware of the company's operation. The operation of Girls' Generation has always been in charge of the executive director of Nan Xiaoying. Kim Young-min said quietly.

Now that Li Kaiwen has spoken, then Jin Yingmin can negotiate terms with him.

Li Kaiwen nodded and said, "I know, that's why I made a request to the president." ”

"Since 2010, Girls' Generation has been in charge of Nan Chang, and it has been running well. Director Lee rashly proposed to take over Girls' Generation, I'm afraid," Kim Young-min said, shaking his head with an expression of powerlessness.

"I certainly have a valid reason. ”

"I don't know what Director Li's reason is?"

Li Kaiwen said in a deep voice: "As I said before, S.M Company is the most suitable person for Girls' Generation to open the Chinese market. ”

Kim Young-min got up and walked around the desk and said with a smile: "There are no Chinese members in Girls' Generation, if you want to say that the most suitable person to open up the Chinese market, I think EXO-M is the most suitable." ”

Li Kaiwen smiled slightly, "EXO seems to be inclined to develop in South Korea at present, and I haven't been to China for nearly three months, and the president's so-called most suitable candidate may not be worthy of the name." ”

When it comes to EXO, Jin Yingmin is angry, originally the EXO-M team has frequent activities in China, and was poached by Li Kaiwen's Huace Film and Television, poaching the two most popular members in the Chinese. If he hadn't seen the opportunity quickly, I'm afraid that the remaining two Chinese members would have been poached by him.

In order to stabilize the hearts of its Chinese artists, S.M had to give special care to its Chinese members, promising and helping them open studios.

The culprit of all this is all Kaiwen Lee.

Seeing Li Kaiwen smiling brightly, Jin Yingmin was angry.

Angry is angry, Kim Young-min will not be angry at Li Kaiwen. The past is in the past, and it is useless to pursue it, and cooperating with Li Kaiwen is beneficial to both parties. Compared to the loss of two members of EXO, the profits generated by the established joint venture far outweigh the losses, which is why Kim Yingmin decided to give up pursuing the two Chinese artists.

If you suffer a loss, you will suffer a loss, as long as you have money to earn.

"What is Director Li's opinion?"

Li Kaiwen raised three fingers of his right hand, made an OK gesture, and opened his mouth to say: "Girls' Generation is operated by me, and I guarantee that the turnover and profit will increase by 30% compared with the peak of Girls' Generation." ”

Li Kaiwen knows that it is nonsense to talk about Kim Yingmin with affection and reason, he is the president of S.M Entertainment Company and an out-and-out businessman, and the only way to negotiate terms with him is to induce him to benefit.

"Thirty percent?" Kim Young-min squinted, his mood stirring.

After the Korean group became famous in the local area, it must develop outward, otherwise it will violate the unspoken rules of the Korean entertainment industry and will attract the anger of many brokerage companies.

Even if S.M is the leader of the Korean music industry, it must follow this rule, and after its groups become famous, they will develop overseas, TVXQ, Girls' Generation, and SHINE will develop in Japan, and SUJU, FX, and EXO will develop in China.

Now that the political friction between South Korea and Japan is continuous, and the anti-Korean atmosphere in Japan is rising, the Korean combination in Japan has long been less prosperous than in 2011, and its income has naturally decreased significantly.

Li Kaiwen pointed out that the 30% increase in turnover and profit is undoubtedly very tempting, and Kim Yingmin cannot help but be impressed.

"That's right," Li Kaiwen raised his chin slightly, "how big the Chinese market is, I think the president knows better than me, with the full support of Huace Film and Television, our two companies will join forces, Girls' Generation will definitely be able to contribute more profits to the company, and at the same time quickly and effectively open the Chinese market." (To be continued......)