Chapter 1082: Three Reasons; Cooperation negotiation
Lin Shuyan smiled slightly and said, "Senior, I think you must have been wondering if I deliberately wanted to get close to you for more than a year, and what was the purpose of approaching you, isn't that so?" β
"Well, I did think so, Miss Shuyan, can you help me solve my confusion today?" Zhang Chengyuan said very simply.
Lin Shuyan was also very frank, saying: "Actually, I did deliberately approach you, and there are three purposes or reasons. Number one, I'm a fan of yours, uh, it's definitely not a lie, it's true, so it's definitely a blessing to be friends with you from a fan's point of view. β
Zhang Chengyuan nodded slightly, indicating that he recognized her reason, but he didn't think much of it in his heart, even if this reason was true, it was not enough for a wealthy daughter like Lin Shuyan to deliberately approach him, so there must be a more important reason.
Lin Shuyan continued: "Second, I really want to be a screenwriter, this is my hobby, and your JSW Entertainment company is now rapidly rising in the entertainment industry, which can provide me with an excellent platform for me to display my talent and succeed." β
Zhang Chengyuan smiled and said: "This is just a matter of taking what you need, our company is also in urgent need of excellent writers to join or cooperate with us, and your talent in this area is quite good according to Zhixiu, which is the ideal partner of our company." But I have a vague feeling that your talent in business seems to be even more outstanding, and maybe you should become a strong business woman like Jisoo. β
"Senior, you have won the award, I don't dare to compare with Senior Sister Jixiu, her business talent is comparable to few Korean women in the whole country, but I am afraid that the two sisters Li Fuzhen and Li Xuxian of Samsung Group may not be able to match."
Jang Sung-won said: "You evaluate Jisoo like that. I'm very happy. But if Jisoo listens to it. I'm afraid you'll think you're overdone. Well, let's not talk about that, but let's talk about the third reason why you're close to me. "The third reason should be the most important one.
"The third reason is that I feel that sooner or later Sung Won's predecessors will become business giants like Lee Byung-cheol and Lee Kun-hee who can control the lifeblood of South Korea's economy, so it seems to be a matter of course for me to befriend you in advance." Lee Byung-chul is the founder of Samsung Group, and Lee Kun-hee is Lee Byung-cheol's third son, the current chairman of Samsung Group.
"You really think of me." Zhang Chengyuan shook his head and laughed. But in my heart, I thought that this woman's vision was quite good, and she could actually see his future achievements.
Although he himself did not want to be a leader in the Korean business world. But Lim Ji-so has this ambition, so he is likely to end up being a figure like Lee Byung-chul and Lee Kun-hee, because he will definitely help Lim Ji-so achieve her dream of "developing JSW into a big conglomerate like Samsung Group". And if this ideal is realized, he will naturally be a figure who can be compared with Lee Byung-cheol and Lee Kun-hee.
As for whether he can help Lin Jixiu achieve his ideals, he never doubted it, because with his special ability, it is not difficult to do this, it is just a matter of time.
Lin Shuyan said: "According to my observation and judgment, although the world's evaluation of seniors is very high. But still far underestimate you, in Korea. In the future, you may be the only one who can compete with or even defeat the Samsung Group. And this is the most important reason why I want to get close to you, because in the future, the Elephant Group will need your help very much. β
"The Elephant Group needs my help? Miss Shuyan, hearing you say this, I'm really a little curious, how can I, Zhang Chengyuan, help you? β
"Help us get rid of the repression of our group by the Samsung Group. In recent years, it is precisely because of the Samsung Group's resistance to our Elephant Group in all aspects that our Elephant Group has not been able to develop further, so that its status in the business world has gradually declined, and it has fallen out of the list of the top 100 Korean enterprises. β
Zhang Chengyuan said with some doubts: "If the Samsung Group really blocks your Elephant Group in all aspects, I'm afraid that the Elephant Group will not only fail to develop, but will be on the verge of a desperate situation, right?" In addition, why does Samsung Group want to stop your Elephant Group? It won't be just because of the divorce between Lee Jae-yong, the prince of Samsung Group, and your eldest sister Lin Shiling, right? β
Lin Shuyan said: "If the Samsung Group goes all out to crack down on our Elephant Group, our Elephant Group may really face bankruptcy, or even go bankrupt or be acquired by them, but the South Korean government and other big conglomerates have always been quite defensive about the Samsung Group and will not allow them to do so, so they are just blocking rather than all-out strikes." As for the reason, it is indeed related to Lee Jae-yong, he suspects that my eldest sister divorced him because of an affair, and he is not angry that my eldest sister took away part of his property, so he wants to take revenge. β
Jang Sung-won shook his head and said, "Although I haven't met Lee Jae-yong, I don't think he is such a naΓ―ve person." If this is the case, how could Lee Kun-hee make him the president of Samsung Electronics last year? and arranged for him to serve as the successor of Samsung Group as early as possible" Although he is Lee Kun-hee's only son, the current society does not pay attention to the old-fashioned rule that the family business must be passed on to his son. β
Lin Shuyan did not defend and said: "Maybe this matter has nothing to do with Lee Jae-yong, but the Samsung Group has indeed suppressed our Elephant Group in the past few years, so we have to find a strong ally to get rid of their suppression, and you are our best choice, senior." β
Zhang Chengyuan smiled faintly and said: "I still say the same thing, you think too highly of me, I don't have the courage to confront the Samsung Group, so please forgive me for not being able to help you in this matter." "It's not good to go against the giants of the Korean business world for no reason, and he hasn't suddenly become stupid, and besides, it's not good.
Lin Shuyan said: "Senior, I didn't say that I would let you help us compete with Samsung Group now, but wait for the JSW Group you are about to establish in the future to grow and develop." I think that after your JSW group grows, you just don't want to compete with Samsung Group, Samsung Group is afraid that it will also come to you for trouble, after all, South Korea is so big, the market has long been divided by the major consortiums, and Samsung Group is one of the largest consortiums, it must not want to see the rise of the second Samsung Group. Then we may be able to become allies. β
Zhang Chengyuan said: "The industry under my name doesn't seem to have any conflict with Samsung Group, right?" Moreover, the core companies of the Samsung Group are targeting the whole world, not just the small market of South Korea. β
"It's not a conflict right now, but when your JSW Group grows. There will inevitably be conflicts. As for the core companies of the Samsung Group, they all aim to expand into the world. But the Korean market is their fundamental market after all. If the Korean market is lost, where can foreign markets trust them? β
"You have a point, but before the JSW Group really grows, I say that it will not conflict with the Samsung Group, so let's talk about the alliance later." Zhang Chengyuan said lightly.
"Well, we'll talk about it then." After being rejected by Zhang Chengyuan, Lin Shuyan didn't seem to care and paused. He said: "Senior, there is something I want to ask you for help with right now, and I hope I can help." β
"What's the matter?"
"Next year, my eldest sister and second sister will probably take over the responsibility of taking over the helm of the Elephant Group from my father, but before that, they need to make a contribution to convince the public, so they want to expand a new business, but they currently lack sufficient financial support."
"So you want to borrow money from me, or cooperate with me?"
"It's borrowing money and cooperating, just borrowing money. I'm afraid that there is no guarantee that this business will be carried out smoothly. β
"What business?"
"In recent years, due to various reasons such as indiscriminate expansion, over-indebted operation, cross-shareholding, and internal corruption, many of Toyo Group's subsidiaries have faced the danger of a shortage of capital chains. It is very likely that the whole situation will collapse. So they are currently intending to secretly sell some of their subsidiaries in exchange for some funds to maintain the situation. β
Zhang Chengyuan said: "So your Elephant Group has taken a fancy to one or several subsidiaries of the Toyo Group?" β
Lin Shuyan said: "It's not that our Elephant Group is in love, but my eldest sister and second sister are in love, and our Elephant Group is also in short supply of funds, and we can't afford to buy other companies at all." In addition, my two sisters only took a fancy to Toyo Cement, because it has the lowest debt ratio among all the debt subsidiaries of the Toyo Group, and it is also a long-established company with a good reputation, and if it is improved, it is expected to turn a profit within a few years. β
Zhang Chengyuan thought for a while and said: "Toyo Cement is indeed a very good enterprise, otherwise it would not have developed the Toyo Group based on it, and now the people in power of the Toyo Group even want to sell the core enterprises, and I am really sorry for the parents who worked hard to start a business back then." Well, how much debt does Toyo Cement have? β
"150% debt."
β150%οΌ That's not low, and it's the least indebted subsidiary of the Toyo Group? It seems that the Toyo Group is indeed going bankrupt, at least many of its subsidiaries are going bankrupt. Miss Shuyan, how much money do you think is needed to take a controlling stake in Toyo Cement at the moment? β
"About 800 million US dollars is enough, we will pay 400 million, you will also pay 400 million, as for the debt, there is no rush to repay or only a small part of the first, because there are still nearly two years before most of the debt is due, and by then Toyo Cement should have improved its operation, so it can borrow more funds from banks or other channels to repay the debt, or let the creditors delay the repayment time."
"Can you get $400 million?"
"I can't, that's why I want to borrow it from you."
"What is the collateral?"
"Secured by part of our family's stake in the Elephant Group."
"I take the liberty of asking, how many shares does your Lin family have in the group?"
"About 62%."
"The market value of 62% of the shares of the Elephant Group is at least $2 billion, and it is more than enough to borrow $400 million from me, and I am also interested in Toyo Cement. But what do I get by acquiring Toyo Cement? β
Lin Shuyan said: "No matter how many shares of Toyo Cement are acquired, half of them will be given to you, and the money borrowed from you will also be repaid with high interest every year, if you are not satisfied, we can also discuss." However, we hope that you will give us the management rights of this company, at least for the time being, after all, my eldest sister and second sister urgently need to prove their ability to the directors of the company, and if you take the management rights, there will be nothing to prove. β
"I don't really value the management rights of Toyo Cement, I just want to see that my investment can be profitable. In order to ensure this, you have to promise me a condition, if Toyo Cement cannot turn a profit within five years, then you will have to exchange the shares of the Elephant Group for the $800 million I will invest. β
Lin Shuyan hesitated for a moment and said, "I can't be the master of your request, I have to go back and discuss it with my father and two sisters." β
"Well, I really have to discuss, after all, it's a big deal, and I have to think about what you just said, if you have the intention, I'll let Jisoo contact you." This is $800 million, which is not a trivial matter, and he has to investigate and confirm it before he can really make a decision. (To be continued......)