Chapter 4 Acquisition of Hando Steel
"Hando Steel declared bankruptcy today because it was unable to repay the loan......"
The financial turmoil finally came to Goryeo.
Chen Daojun was not surprised when he saw the news on TV, this was just the beginning.
For others, though, it was a bolt from the blue.
Everyone was still immersed in the excitement of Goryeo's rapid economic growth, and suddenly a large company that was well-known throughout the country suddenly declared bankruptcy.
It's like pouring cold water.
Hando-Steel, the largest steel mill in Goryeo, produces 31% of the country's steel.
It is appalling that such a behemoth-like company is bankrupt when it is said to be bankrupt.
Once Hando Steel is discontinued, there will inevitably be a chain reaction, like dominoes.
First and foremost is the construction industry.
No matter what the era, the construction industry is the backbone of the country's economy and cannot afford to lose.
γDing! Trigger the quest to acquire Hando Steel! γ
[Reward: Car Engine Blueprint!] γ
Chen Daojun looked at the task.
Handao Steel is now in debt of 4 trillion won, and if you want to buy it, you must find a way to fill this abyssal hole-like debt.
(1 trillion = 1 trillion)
Green Wadai must be hoping that someone can take over this hot potato.
If Hando Steel does fall, the Goryeo economy is likely to collapse, and at worst, the country will declare bankruptcy.
But there are very few that have the ability to acquire Handao Steel, to be precise, there are only two at present.
The first chaebol camp, the second largest chaebol Shunyang.
β¦β¦
Chen Daojun came to Miracle Company.
Oh Se-hyun and female secretary Rachel are all there.
"I'm going to buy Hando Steel."
"Fellow youth, you're not joking, are you?"
"You look at me like I'm joking?"
It's not, but it's not easy to buy Handao Steel, it's too difficult.
Even if Miracle Investment has made a lot of money over the years, the acquisition of Handao Steel is undoubtedly a snake swallowing an elephant.
Daying, the two major chaebols of Shunyang, should not hope that Handao Iron will fall into the hands of others.
Let's not talk about the difficulty of the acquisition, after the acquisition, it will be even more difficult to operate and get Handao Steel out of the debt dilemma.
"Representative Wu, you don't need to think about anything else, just think about how to buy Handao Steel, and I'll be responsible for the rest of the matter."
"If you don't have enough money, you can sell your stake in Amazon."
Chen Daojun said so, and Wu Shixuan could only do it.
There is a lot of work to be done before the acquisition, and a large amount of information is investigated to confirm the status of Hando Steel's financial assets.
This is all Wu Shixuan has to do.
Chen Daojun did not let Wu Shixuan take it on his own, this time the task was heavy, the pressure was high, and he had to race against time.
It is necessary to rush ahead of the big camp and Shunyang.
There's just a great talent that can come in handy.
Call your girlfriend.
"Hyun-min has been busy lately?"
"I'm not busy, is there anything going on with Brother Daojun?"
"Can you do me a favor and investigate the financial assets of Handao Steel."
"I'll give you an answer in half a day."
"Thank you."
Mao Xianmin didn't ask, and investigated what Han Dao Steel did, and he was very well-behaved.
With the ability of Xiancheng Daily, it is not difficult to investigate the situation of Handao Iron and Steel in half a day.
"Boss, your coffee."
Rachel, the female secretary, twisted her willow waist and stepped on high heels, and came to Chen Daojun's desk.
Holding the coffee in both hands, Yingying put it down.
I don't know if I deliberately deducted two buttons less, and when I bent down to put down the coffee, the business line soared, the stock price soared, and it was about to go up and down.
Chen Daojun's eyes do not squint in appreciation.
In the play, the female secretary often teases the protagonist and discharges her eyes.
Rachel was born and raised in a foreign country and has a bold and open personality.
Chen Daojun is not only young and promising, but also inherits the appearance of a celebrity mother and has a very high business talent.
Rachel's boss again.
Rachel is naturally tempted.
Especially when I heard that the boss recently got a girlfriend, I couldn't help but be a little anxious.
I didn't discourage myself because my boss had a girlfriend.
Under the influence of foreign open-mindedness, Rachel doesn't mind that the boss has a girlfriend, a man with money and ability, and it's not normal for him to have three wives and four concubines.
And a man with a girlfriend is attractive, isn't it better.
"It's so fragrant, today's coffee seems to be very fragrant, Rachel, what did you add to it?"
"I asked someone to buy imported Blue Mountain coffee from Mecca, Jaca, does the boss like it?"
"I like it."
"That's good."
When Rachel spoke, she deliberately approached Chen Daojun, put her hands on the table, and held up her upper body.
The smell of Chanel No. 5, it smells good.
Long wavy hair dyed flaxen swaying.
Chen Daojun looked directly at each other, enjoying the beautiful scenery while sipping coffee.
Rachel deliberately singled out her eyes.
"Ahem, Rachel, I'm the one who has a girlfriend."
"It's okay, I'm not going to be the boss's girlfriend."
"I know how to measure, I like it, sit down."
"It's not sitting there, it's sitting here."
"It's not good."
"Nothing bad, as a boss to take care of employees, as it should be!"
"The owner is so nice."
Wu Shixuan, who had not left yet, looked at the dog men and women over there, and the female secretary sat on the boss's lap.
I'd like to say, can you two pay attention to the occasion?
β¦β¦
Shoshin fasting here.
Chen Yangzhe has already called his eldest son Chen Rongji and his eldest grandson Chen Xingjun over.
"Shunyang wants to buy Handao Steel, can you do it?"
"Yes!"
"Go ahead and do it, by the way, give young people more opportunities."
Chen Rongji immediately understood that his father wanted his eldest grandson to have a chance to perform in this acquisition.
Although Chen Xingjun is the eldest grandson, he has just returned from studying abroad, and he is not familiar with Shunyang's business, and many people do not know him.
There is no prestige within Shunyang, which is not conducive to inheriting Shunyang.
As long as the eldest grandson performs well in the process of acquiring Handao Steel, let everyone remember and establish prestige.
It will be much easier to inherit Shunyang.
Chen Rongji is naturally happy to see this, his son has performed well, and his father's face is also bright, which is also beneficial to serving as the chairman of the group in the future.
The two walked out of the study.
Chen Rongji said: "Xingjun, you also heard what Grandpa said just now, this acquisition case will be handed over to you to be fully responsible, Secretary Jin will assist you, and find me if you have any problems." β
Chen Xingjun's expression was confident: "I will work hard, and I will not insult Shunyang's name." β
Chan Wing-kee was pleased.
In order to help his son perform well in this acquisition, Chan Wing-kee spared no effort and lent all his right-hand men to his son.
Chen Xingjun: They were still busy investigating the actual assets of Han Dao Steel.
Miracle Invest here.
Chen Daojun has received an email from Mao Xianmin, which contains a detailed report on the assets of Han Dao Steel.
With this report, the acquisition of Hando Steel will go much smoother.
Immediately let Oh Se-hyun leave and go to the headquarters of Handao Steel to discuss the acquisition.
With the assistance of sufficient information, the negotiation process went smoothly, but it was stuck in terms of the purchase price and could not be negotiated for the time being.
"Add another 200 billion cold yuan!"
Chen Daojun is rich and rude.
If something doesn't work out, add money.
The senior management of Handao Steel, who was eager to throw down the hot potato, saw that Miracle Investment was so sincere, and they didn't care how the other party managed it after buying Handao Steel.
Faced with a huge debt of up to 4 trillion, how to repay it.
Resolutely agreed!
The total purchase price was 500 billion cold yuan, and Handao Steel was successfully purchased.
γDing! Complete the mission and get the reward: car engine blueprints! γ
Chen Daojun looked at the contract in his hand with a satisfied expression.
Things went well, and after only selling a little Amazon shares, he successfully acquired Handao Steel.
Fortunately, the speed is fast enough, if you wait until Daying and Shunyang makes a move, the purchase price will be more than 500 billion.
"Compatriot youth, although we have successfully acquired Handao Steel, it is a big problem at the beginning, we are just an investment company, we can't operate Handao Steel at all, and we can't turn losses into profits."
Wu Shixuan was worried.
Now the hot potato is in their hands.
Chen Daojun smiled: "Don't worry, I've already thought about it, not only will I not lose, but I can also make a lot of money." β
"Prepare to contact Shunyang."
β¦β¦
The eldest grandson, Chen Xingjun, finally investigated the assets of Handao Steel, and brought an elite team to the headquarters of Handao Steel to negotiate the acquisition.
"I'm sorry, you're late, Handao Steel has already been sold to Miracle Investment."
Hearing the words of the person in charge, Chen Xingjun was stunned.