Korean artists to enter the U.S. market as the highest goal, South Korean agencies are the same, JYP as early as 2007 set up the USA U.S. branch, as the leader of the Korean music entertainment agency boss, S.M naturally unwilling, founder Lee so-man went to the United States to set up a U.S. branch.

Until the normal operation of the U.S. branch, Li Xiuman happened to receive the sale of nearly 20 percent of the S.M shares held by the Japanese company Ibex to Goldman Sachs Bank of the United States, and after persuasion failed, Li Xiuman returned to South Korea as soon as possible to buy back the company's shares in the secondary market to ensure that his position as the largest shareholder would not waver.

On this day, Li Xiuman received a notice from Zhao Yuanxi requesting to convene a meeting of the executive council. Although Lee so-man is the founder of S.M, since he was far away from the United States to avoid disasters and could not come to the front line to manage the company, he stepped down from the position of representative director (president) and replaced Kim Young-min as the representative director.

Usually the executive director meeting is only negotiated behind closed doors by the three executive directors and the representative director, but Zhao Yuanxi's executive director meeting this time made Li Xiu full of doubts, and he really needed to negotiate with Zhao Yuanxi about the company's equity.

In a small conference room on the top floor of S.M. next to the president's office, five people representing the highest authority of S.M gathered one after another.

Li Xiuman was the last person to arrive, Zhao Yuanxi and Kim Yingmin exchanged ears, Zheng Changhuan and Han Shimin also smiled and whispered, the atmosphere was relaxed and harmonious, and the four people attending the meeting looked happy.

"Chairman Lee." Zhao Yuanxi was the first to nod and greet Li Xiuman when he saw him.

"Director Li." Kim Young-min smiled as usual, and he couldn't see the slightest reluctance.

After Li Xiuman stepped down as the representative director, he was still a director of the company, and he also served as the production director and artist director. It's just not the executive director.

In the entire S.M company, only Zhao Yuanxi called Li Xiuman "Chairman Li" instead of "Director Li", which can be regarded as an expression of his respect.

Without exception, the other executives all call Li Xiuman "director", the production department is of course called "director", and the company's artists are called "teacher".

Zhao Yuanxi's affirmative reply that day made Li Xiuman's heart reassured, as long as he stood firmly on his side, even if the opponent who acquired the company's shares was Goldman Sachs Bank of the United States, Li Xiuman seemed not to be afraid, and immediately smiled: "Yuanxi, what is the matter of urgently convening the executive council meeting?" ”

"Of course, it's a major matter related to the company," Zhao Yuanxi smiled slightly. Hand in the information you have. "This is the financial statement of the company's second-quarter earnings, which is a significant year-on-year increase of more than 100 percent."

Li Xiuman raised his eyebrows unconsciously, no wonder the four people present were elated. It turned out that the company's earnings had increased significantly. Speaking of which, it is really fortunate that Zhao Yuanxi joined the company. Since Cho Won-hee became the executive director, S.M. has risen from a low of 998 won. Needless to say, Zhao Yuanxi's background is so powerful that people dare not look at it directly, just his personal ability. Whether it is as an artist, directly generating income for the company, or as the company's financial director, it is indispensable to contribute to the company.

Sweeping the financial statements at a glance, Li Xiuman nodded with satisfaction, waiting for Zhao Yuanxi to speak, according to Zhao Yuanxi, it is obvious that he will not hold an emergency executive council meeting just because of a significant increase in profits.

Zhao Yuanxi said with a smile: "Before that, I instructed the Ministry of Finance to seek one-year short-term loans from a number of banks of the Agricultural Cooperative Bank, and a total of about 140 billion yuan of loans have been obtained. ”

Nonghyup Bank and S.M have a long-term business cooperation, and S.M's stock price has risen sharply, and the profit prospect is promising, so the amount is 20 billion more than Ahn Sung-jun's original estimate.

"I don't know what the purpose of the short-term loan is for Standing Zhao Dao Zhao?" As the company's representative director, Jin Yingmin can't help but speak, and Zhao Yuanxi is in charge of the finance department, and he has no opinion, but such a large-scale incident of borrowing from the bank did not communicate with him in advance, and Jin Yingmin was obviously a little dissatisfied.

"Of course, it is for the further development of the company," Zhao Yuanxi smiled slightly, "Chairman Li personally went to the United States to set up the American branch, so it is better to ask Chairman Li to explain the development plan of the American branch to us." ”

Zhao Yuanxi kicked the ball to Li Xiuman, and the directors present couldn't figure out Zhao Yuanxi's true intentions for a while, and looked at Li Xiuman in unison.

Li Xiuman coughed lightly and said: "At present, the US branch is already running, and the next plan is to promote BOA to the US market, if it goes well, the company will consider further developing the US market, and at the same time, the company is planning a tour of S.MTown in the USA." ”

Zhao Yuanxi clapped his hands and exclaimed: "I fully agree with Chairman Li's plan, not only to develop the American branch, but also our existing Chinese branch and Japanese subsidiary need to be fully developed. ”

Jin Yingmin frowned and said: "At the same time, will there be a shortage of development funds?" ”

"That's why we sought a bank loan, and we needed capital to grow rapidly."

Zheng Changhuan hesitated for a while and asked: "I personally have a conservative opinion, if the development of each branch is not satisfactory, or the company's capital is broken for some reason, I am afraid it will be difficult to end." I think we should take it one step at a time, and now that Mr. Li has established a U.S. branch, the company's current focus should be on exploring the U.S. market. ”

Han Shimin nodded and said, "I agree with Executive Director Zheng's opinion, the current situation is very good, and we have not taken unnecessary risks." ”

Although Han Shimin is close to Zhao Yuanxi, as an executive director, he still maintains an independent opinion on the development of the company and does not follow others.

"I have more good news to share with you on the issue of funds," Zhao Yuanxi took out a few pages from a large number of folders with a relaxed face, got up and distributed them to the four people present one by one, "This is a detailed plan for the establishment of a film and television production subsidiary, S.M&CC, jointly formulated by the Finance Department and the Planning Department, please take a look at it." ”

Jung Chang-hwan and Han Shimin were taken aback, and Kim Young-min's face was even more gloomy, and it was undoubtedly a great challenge to his authority that Zhao Yuanxi actually intervened in what should have been the responsibility and decision of him, the president. Li Xiuman is not abnormal, he and Zhao Yuanxi are the major shareholders of the company, Zhao Yuanxi's plan to seek the company's leapfrog development is a bit of a suspicion in his opinion, but it is forward-looking, in fact, Li Xiuman himself is also considering entering the film and television industry at the right time.

Li Xiuman looked through the book page by page, Zheng Changhuan and Han Shimin also did not speak, and read carefully, only Jin Yingmin was depressed, and hurriedly flipped through it and then closed it and ignored it.

"According to this plan, the initial capital of the establishment of S.M&CC subsidiary is not less than 80 billion, may I ask Executive Zhao, where does the capital come from?" Kim Young-min asked first.

Zhao Yuanxi's right index finger and middle finger tapped lightly on the wooden tabletop, and said with a smile: "This is exactly what I want to explain to the directors, I have reached an intention with Samsung Group, Samsung Securities will underwrite the 200 billion financing bonds issued by our company." ”

Samsung Group, 200 billion, Zhao Yuanxi's words were tantamount to a bombshell, which set off a wave in the small closed conference room.

Jung Chang-hwan and Han Shimin looked at each other. Kim Young-min, who had a gloomy face, restrained his unhappy look and replaced it with an inexplicable expression of surprise. Even Li Xiuman, who was very deep in the city, was also stunned by Zhao Yuanxi's words.

"However, Samsung Group has one condition." Zhao Yuanxi tapped his fingers lightly, and his tone was soothing.

"On what terms?" The person who spoke was Li Xiuman, who was the first to recover from the shock, and then became interested in the conditions that Zhao Yuanxi said, if it was a lion who opened his mouth to ask for the annexation of S.M Company, he didn't have to think about it, and he didn't need to talk about it.

"Samsung Group offered to take a stake in our company."

"Just a stake?" Li Xiuman unconsciously lifted the metal-framed glasses, "What proportion does Samsung have?" ”

Zhao Yuanxi said nonchalantly: "The specific matters have not yet been discussed in detail, but my personal opinion is to get 200 billion yuan from Samsung Securities first, and as for the matter of Samsung Group's shareholding, we can talk about it slowly." ”

Li Xiuman loves to listen to this, what he values most is his control over S.M Company, and no one can snatch his position as the largest shareholder.

"The Agricultural Cooperative Bank and other commercial banks have borrowed 140 billion yuan, issued financing bonds to obtain 200 billion yuan in cash, and together with the profits in the first two quarters, the total capital is as high as 420 billion yuan, and we will hold the largest amount of cash since its establishment," Zhao Yuanxi said excitedly, "Ladies and gentlemen, I have a more daring plan here, I wonder if you are interested in looking at it." ”

It's not nonsense, your appetite has been picked up, who wouldn't be interested. With a huge amount of cash of 420 billion won, how much can be done, the four of them stared at Zhao Yuanxi intently, only to see him unhurriedly pull out a folder from the bottom of a pile of documents.

"Because the stakes are so high, there is only one copy of this plan, and this plan will not exist after you have read it."

The more mysterious Zhao Yuanxi said, the more curious the four of them became, and they didn't care about their identities.

Li Xiuman only read the title, and his face changed, excited, excited, and a little frightened. (To be continued......)