NOVEL WEB The youngest son of the chaebol family, Mo Hyun-min
Chapter 158
For Xu Zaitian's "chips", Ma Jiachang was a little puzzled, this old president of the department store, obviously the old minister of Xin Gehao, chairman of Yuetian Group, how could he choose to abandon the old owner and join him, the big man of the society?
"Didn't your Yuetian Department Store's backer Yuetian Group help you?" Ma Jiachang asked curiously, according to his understanding, Yuetian Group should not watch the "cash cow" like the department store being taken away in vain!
"...," Ma Jiachang's words pierced into Xu Zaitian's heart like a heart-scraping dagger, and he said a little lonely, "Chairman Xin Gehao has taken most of the funds from the subsidiaries below in order to stabilize the Yuetian Group. Originally, we still had at least more than 150 billion won in Yuetian Department Store, but most of it was siphoned off. Later, we also asked for the help of the group, but Chairman Singhho did not make any gestures of support!"
"No wonder this acquisition will go so smoothly!" Ma Jiachang suddenly realized, it turned out that he was also affected by the financial storm, and at the same time, under the pressure of the Blue House government to repay the loan, Yuetian Group's funds were tight, and after misappropriating the funds of the subsidiary, there was no extra funds to rescue the subsidiary!
"We took advantage of it this time!" Ma Jiachang was a little excited in his heart, he thought at the beginning that according to Chen Daojun's plan, their White Tiger Society came forward to acquire Yuetian Department Store, which might provoke retaliation and sniping from Yuetian Group, but he didn't expect that the other party was already at the end of the strong crossbow, could it be that Chen Daojun had already guessed this?
......
"President Xu, I admire your determination to defend your subordinates. But the position of Yuetian Department Store, I also need to use to house those brothers in the association...... I can keep up to 1/3 of the department store staff. If you don't agree, that's the end of the negotiations. Ma did not reject Xu's proposal, but promised to keep some of the employees.
When Xu Zaitian heard this, he was overjoyed in his heart, and originally wanted to fight for his own employees again, but the words of Wu Luomin, a lawyer on the side, made him understand that he had no room for bargaining anymore, "President Xu, our White Tiger Club has now acquired more than 46% of the shares of Yuetian Department Store, as long as we continue to acquire more than 50% before the shareholders' meeting, we can complete absolute control." Now the stock price of Yuetian Department Store, I think you also know that many shareholders hope to be able to sell their shares to cash out..."
“...... I agree with President Ma's proposal!" Xu Zaitian finally made a decision, instead of continuing to hold on, it is better to reach cooperation with the White Tiger Society in advance when there is still a choice, and at least 1/3 of the employees' interests can be preserved. There is only so much he can do as a president, try his best!
"Haha, President Xu, we have a good cooperation!" Ma Jiachang was even more happy after receiving Xu Zaitian's affirmative answer! Xu Zaitian's defection is undoubtedly the opportunity for them to acquire Yuetian Department Store in advance, as long as the shareholders' meeting is held, they can completely form a new company management, and Yuetian Department Store is completely included!
......
—————— dividing line———————
Zhengxinzhai.
In the study on the second floor, Chen Yangji was listening to the work report of Director Li at the moment. Some time ago, due to the shortage of funds, the subsidiaries of Shunyang Group had a very difficult life, and the factories of Shunyang Electronics, Shunyang Machinery and other companies suspended more than half of their production lines, allowing workers to return home for vacation and take turns to work.
And now Shunyang Group, which has received financial "assistance" from Miracle Group, has gradually got rid of its previous embarrassment, and its subsidiaries have resumed production one after another, as if the financial crisis has not had much impact on Shunyang Group. It's just that Chen Yangji is very clear in his heart that there is now an outsider to the shareholder members of Shunyang Group - Miracle Group, fortunately, they currently hold not many shares and are scattered in multiple companies, which does not affect his control of these subsidiaries.
......
After listening to Director Li's report, Chen Yangji nodded with satisfaction, and then remembered the "baby bump" in his heart-Shunyang Automobile, and couldn't help but ask, "How is Shunyang Automobile?"
"Shunyang Auto is very smooth. The three Audi models produced by our joint venture with Volkswagen have resumed production, and the performance has reached more than 95% of the original production of Hanse. The previously produced Audi cars have reached a cooperation agreement with Hanjin Shipping under the Miracle Group, and are ready to ship these cars to beautiful countries and Europe to earn US dollars and euros!"
At the beginning, Chen Yangji tried to arrange for public discussion, iron-hearted to cooperate with Volkswagen in Hans Country, Chen Yongji, Chen Dongji and Chen Huarong three brothers and sisters thought that the old man was stunned, in order to develop Shunyang Automobile, dare to throw money to try. Unexpectedly, this time, it really allowed Shunyang Automobile to find another way and successfully walked out of a "shortcut" to squeeze a first-class automobile production company!
"Hahaha, if Zhu Yirong, that old fox, knew that our Shunyang Automobile could also be exported overseas to earn US dollars, he was afraid that he would be mad!" Chen Yangji laughed quite happily, in the past, Zhu Yirong always mocked his Shunyang Automobile, there is not much advanced technology to manufacture cars, and the cars produced are useless "toys", showing how powerful their big camp cars are. Now he was finally able to get a round back!
No matter how powerful their Daying Group's cars are, they are only in the country of the stick, and there is not much sales overseas. However, the Audi car jointly produced by their Shunyang Group and Volkswagen has a high reputation and brand value, and is also recognized and sought after by many countries overseas, and even if the sales volume overseas is poor, it can crush Daying cars!
At the beginning, he repeatedly proposed that I try to cooperate with foreign car manufacturers and borrow their technology to produce joint venture cars. I didn't expect it to be really expected by him!" The happy Chen Yangji quickly remembered that excellent little grandson, without his proposal, I am afraid that Shunyang Auto would still be the same half-dead look, and there would be not much light in sight.
"By the way, what has this little guy been busy with lately?" asked Chen Yangji curiously.
"Daojun seems to have gone to the Sun Country. It seems that his Nexon game entertainment company received an invitation from the game giant Nintendo in the Sun Country to go to the Sun Country to negotiate business. Room Chief Li remembered the information collected in the secretary's office a few days ago, and replied to Chen Yangji.
"Nintendo of the Sun Country, is this little guy's Nexon game entertainment company so powerful, can get Nintendo's attention?" Chen Yangji was a little surprised, although he did not know much about the game field, but as one of the giants of the Sun Country, Nintendo's daimyo he still knew something.
"Didn't your Yuetian Department Store's backer Yuetian Group help you?" Ma Jiachang asked curiously, according to his understanding, Yuetian Group should not watch the "cash cow" like the department store being taken away in vain!
"...," Ma Jiachang's words pierced into Xu Zaitian's heart like a heart-scraping dagger, and he said a little lonely, "Chairman Xin Gehao has taken most of the funds from the subsidiaries below in order to stabilize the Yuetian Group. Originally, we still had at least more than 150 billion won in Yuetian Department Store, but most of it was siphoned off. Later, we also asked for the help of the group, but Chairman Singhho did not make any gestures of support!"
"No wonder this acquisition will go so smoothly!" Ma Jiachang suddenly realized, it turned out that he was also affected by the financial storm, and at the same time, under the pressure of the Blue House government to repay the loan, Yuetian Group's funds were tight, and after misappropriating the funds of the subsidiary, there was no extra funds to rescue the subsidiary!
"We took advantage of it this time!" Ma Jiachang was a little excited in his heart, he thought at the beginning that according to Chen Daojun's plan, their White Tiger Society came forward to acquire Yuetian Department Store, which might provoke retaliation and sniping from Yuetian Group, but he didn't expect that the other party was already at the end of the strong crossbow, could it be that Chen Daojun had already guessed this?
......
"President Xu, I admire your determination to defend your subordinates. But the position of Yuetian Department Store, I also need to use to house those brothers in the association...... I can keep up to 1/3 of the department store staff. If you don't agree, that's the end of the negotiations. Ma did not reject Xu's proposal, but promised to keep some of the employees.
When Xu Zaitian heard this, he was overjoyed in his heart, and originally wanted to fight for his own employees again, but the words of Wu Luomin, a lawyer on the side, made him understand that he had no room for bargaining anymore, "President Xu, our White Tiger Club has now acquired more than 46% of the shares of Yuetian Department Store, as long as we continue to acquire more than 50% before the shareholders' meeting, we can complete absolute control." Now the stock price of Yuetian Department Store, I think you also know that many shareholders hope to be able to sell their shares to cash out..."
“...... I agree with President Ma's proposal!" Xu Zaitian finally made a decision, instead of continuing to hold on, it is better to reach cooperation with the White Tiger Society in advance when there is still a choice, and at least 1/3 of the employees' interests can be preserved. There is only so much he can do as a president, try his best!
"Haha, President Xu, we have a good cooperation!" Ma Jiachang was even more happy after receiving Xu Zaitian's affirmative answer! Xu Zaitian's defection is undoubtedly the opportunity for them to acquire Yuetian Department Store in advance, as long as the shareholders' meeting is held, they can completely form a new company management, and Yuetian Department Store is completely included!
......
—————— dividing line———————
Zhengxinzhai.
In the study on the second floor, Chen Yangji was listening to the work report of Director Li at the moment. Some time ago, due to the shortage of funds, the subsidiaries of Shunyang Group had a very difficult life, and the factories of Shunyang Electronics, Shunyang Machinery and other companies suspended more than half of their production lines, allowing workers to return home for vacation and take turns to work.
And now Shunyang Group, which has received financial "assistance" from Miracle Group, has gradually got rid of its previous embarrassment, and its subsidiaries have resumed production one after another, as if the financial crisis has not had much impact on Shunyang Group. It's just that Chen Yangji is very clear in his heart that there is now an outsider to the shareholder members of Shunyang Group - Miracle Group, fortunately, they currently hold not many shares and are scattered in multiple companies, which does not affect his control of these subsidiaries.
......
After listening to Director Li's report, Chen Yangji nodded with satisfaction, and then remembered the "baby bump" in his heart-Shunyang Automobile, and couldn't help but ask, "How is Shunyang Automobile?"
"Shunyang Auto is very smooth. The three Audi models produced by our joint venture with Volkswagen have resumed production, and the performance has reached more than 95% of the original production of Hanse. The previously produced Audi cars have reached a cooperation agreement with Hanjin Shipping under the Miracle Group, and are ready to ship these cars to beautiful countries and Europe to earn US dollars and euros!"
At the beginning, Chen Yangji tried to arrange for public discussion, iron-hearted to cooperate with Volkswagen in Hans Country, Chen Yongji, Chen Dongji and Chen Huarong three brothers and sisters thought that the old man was stunned, in order to develop Shunyang Automobile, dare to throw money to try. Unexpectedly, this time, it really allowed Shunyang Automobile to find another way and successfully walked out of a "shortcut" to squeeze a first-class automobile production company!
"Hahaha, if Zhu Yirong, that old fox, knew that our Shunyang Automobile could also be exported overseas to earn US dollars, he was afraid that he would be mad!" Chen Yangji laughed quite happily, in the past, Zhu Yirong always mocked his Shunyang Automobile, there is not much advanced technology to manufacture cars, and the cars produced are useless "toys", showing how powerful their big camp cars are. Now he was finally able to get a round back!
No matter how powerful their Daying Group's cars are, they are only in the country of the stick, and there is not much sales overseas. However, the Audi car jointly produced by their Shunyang Group and Volkswagen has a high reputation and brand value, and is also recognized and sought after by many countries overseas, and even if the sales volume overseas is poor, it can crush Daying cars!
At the beginning, he repeatedly proposed that I try to cooperate with foreign car manufacturers and borrow their technology to produce joint venture cars. I didn't expect it to be really expected by him!" The happy Chen Yangji quickly remembered that excellent little grandson, without his proposal, I am afraid that Shunyang Auto would still be the same half-dead look, and there would be not much light in sight.
"By the way, what has this little guy been busy with lately?" asked Chen Yangji curiously.
"Daojun seems to have gone to the Sun Country. It seems that his Nexon game entertainment company received an invitation from the game giant Nintendo in the Sun Country to go to the Sun Country to negotiate business. Room Chief Li remembered the information collected in the secretary's office a few days ago, and replied to Chen Yangji.
"Nintendo of the Sun Country, is this little guy's Nexon game entertainment company so powerful, can get Nintendo's attention?" Chen Yangji was a little surprised, although he did not know much about the game field, but as one of the giants of the Sun Country, Nintendo's daimyo he still knew something.
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