Reborn as a tycoon in Hong Kong
Chapter 778 Intentions of Both Sides (3)
If we can reach cooperation with the Kim chaebol and use the Kim chaebol to enter the South Korean market, this will certainly be a good thing for Lin Baicheng.
But the premise is that Lin Baicheng does not need to pay a high price, and there will be no changes after entering the South Korean market.
Lin Baicheng can guess now that even if the company under his name enters the South Korean market with the help of the Kim Chaebol, it will definitely be blocked by parties that suffer losses. At that time, the Kim Chaebol will definitely not go all out to help Lin Baicheng. The help would be great.
There is even a possibility that the Kim chaebol may add insult to injury.
However, again, South Korea is a big market and will develop into the Four Asian Tigers in the future. Now that there is an opportunity to enter this market, Lin Baicheng is certainly not willing to miss it.
"President Jin, I am very willing to cooperate with you. Please elaborate on the specific method of cooperation."
Since cooperation was proposed by Kim Jae-joong, Kim Jae-joong must have had a general idea.
Kim Jaejoong said: "I want Kim Heavy Industries to borrow a sum of funds from Chairman Lin, and I will pay interest to Chairman Lin according to the interest rate of the country's bank. In return, the companies under Chairman Lin's name will enter South Korea, and the Kim Chaebol can Help, and I guarantee that the companies under President Lin’s name will be able to settle in South Korea.”
"President Kim, is that all?"
Seeing that Jin Zaizhong stopped talking, Lin Baicheng couldn't help but raise his eyebrows.
Jin Zaizhong nodded: "President Lin, your contribution is just a loan of money. I will pay the interest as usual and repay the principal on time when it is due. Moreover, I will also help your company settle down and expand in South Korea." South Korean market, so this doesn’t do any harm to you, President Lin.”
"Ha~~ President Jin, although you say you want to cooperate, you are not sincere at all."
Lin Baicheng chuckled and shook his head. What Jin Zaizhong said was very nice. Lin Baicheng basically didn't pay anything, but could actually earn a sum of interest.
But the problem is that for businessmen, earning bank interest is actually losing money, and there is a high possibility that they will not be able to beat the inflation rate.
What's more, if you lend the money for a few years, you won't be able to make money through investment in the past few years. The money you don't earn is equivalent to a loss, so the losses in the process are actually huge.
Give a simple example.
Lin Baicheng knows one thing, that is, there was a stock market crash in the United States in 1987, and it is now 1980. If you use money to build a long US stock index, it will definitely make money on the whole. There is no problem in making several times the profit.
Comparing this, lending money to Jin Zai Zhong in 5 or 6 years only earned less than 50% interest, while going long the US stock index earned several times. The money not earned in the middle is equivalent to loss, which is equivalent to Lin Baicheng's payment in disguise. Huge cost.
This is still a long position on the U.S. Index. If you buy the stocks of well-known companies, you will definitely make more money. The stocks of these companies will definitely outperform the U.S. Index.
As a result, the losses in the process will be even greater.
"President Lin, how do you want to cooperate?"
Jin Zaizhong's expression did not change when he heard this. This was just his test. He knew that cooperation in this way was unlikely. Let me first say that there is no loss anyway. If Lin Baicheng agrees, it will be a big pie from the sky.
"I have money, but lending it to Chairman Kim as a loan is unacceptable to me."
After Lin Baicheng pondered for a while, he looked at Jin Zaizhong and said: "Since Jin's Heavy Industries lacks funds and I have money, why don't we cooperate in depth? I am very willing to become a shareholder of Jin's Heavy Industries. If I become a shareholder, Jin's Heavy Industries will Heavy Industries will be able to obtain a large amount of funds, and our relationship will be further developed, and I will be more confident that Chairman Kim will help my company enter the South Korean market."
Since South Korea will vigorously support heavy industry in the future and Kim Heavy Industries is on the forefront, investing in Kim Heavy Industries may yield huge returns.
As for risks, there are definitely them, but with his huge funds behind him, even if Kim Heavy Industries cannot defeat other chaebol heavy industry groups in South Korea, it will still have no problem surviving.
As long as Kim Heavy Industries can survive and become one of the industry giants, Lin Baicheng's investment will be able to reap huge returns in more than ten years. Even if this cooperation cannot allow the products of Lin Baicheng's company to enter the South Korean market, then he will not deficit.
"Chairman Lin wants to invest in Kim Heavy Industries? This is impossible!"
Jin Zaizhong immediately refused after hearing this. In fact, he was already mentally prepared for this. After all, it is basically impossible for others to lend money to Jin Heavy Industries in vain.
The bank can lend money to Kim Heavy Industries for only interest, but the problem is that Kim Heavy Industries itself has not repaid the loan it borrowed from the bank, so it is not that easy to borrow money again.
In addition, other chaebols in South Korea will definitely not watch Kim Heavy Industries obtain large loans from banks and will definitely block the development of Kim Heavy Industries.
Therefore, it is not easy to get a loan from a domestic bank. Kim Jae-joong originally wanted to seek a loan from Wall Street capital, but in doing so he would also need to pay a certain number of shares, and because of South Korea's 'little brother' status in the relationship between the two countries, Wall Street Capital will definitely be very strong, and Kim Jae-joong needs to be careful that Wall Street capital covets control of Kim Heavy Industries.
But if the person who invests in the company is replaced by Lin Baicheng from Xiangjiang, it will be different. Compared with Lin Baicheng, South Korea is the home field of the Kim Chaebol. The Kim Chaebol has a home field advantage. It is not afraid that Lin Baicheng will covet the control of Kim Heavy Industries. The South Korean government will not We watched helplessly as our country's heavy industry groups fell into the hands of foreign capital.
Therefore, Jin Jaejoong has been mentally prepared for Lin Baicheng to invest in Kim Heavy Industries, but he cannot agree to such a thing right away. He must make a show of it in order to negotiate some favorable conditions for the Kim chaebol.
"Chairman Jin, letting me invest in Jin Heavy Industries is a prerequisite for cooperation. Otherwise, if it is just a loan of funds, I am not interested."
Lin Baicheng shook his head and said firmly.
If we can't reach an agreement on this matter, there is no need to continue talking about it.
"President Lin, please let me consider the matter of becoming a shareholder."
Jin Zaizhong decided to talk about it temporarily this time. Anyway, this kind of cooperation cannot be negotiated in a few moments. Ten days and a half are enough to talk about it. It is normal to talk about it for several months.
"Of course, this is no small matter. President Jin should think about it carefully."
Lin Baicheng nodded, thought for a while and then said: "President Jin, may I take the liberty of asking how much money Jin Heavy Industries is planning to borrow or raise this time?"
"20 billion won."
Jin Zaizhong mentioned a psychological upper limit. This must be said, otherwise if the other party has no money, then there will be no point in talking more.
“What is the current exchange rate between the U.S. dollar and the Korean won?”
Lin Baicheng heard this and looked at Qin Lan aside.
"About 580, Mr. Lin."
Qin Lan replied, fortunately she had known a little bit about it before, so she didn't know everything about it.
"One dollar is equivalent to 580 won, which is less than 35 million U.S. dollars."
Lin Baicheng did some mental calculation and said to Jin Zaizhong: "President Jin, I still say what I said, money is not an issue, but I need to invest in Jin Heavy Industries instead of lending money to Jin Heavy Industries."
"President Lin, I will consider this matter carefully."
Jin Zaizhong was a little thirsty. More than 30 million US dollars was a large amount that he could not borrow domestically, but Lin Baicheng took it out without blinking an eye. It was obvious that Lin Baicheng only had more funds than this amount. , or even a lot more, probably no less than $100 million in cash.
As long as Lin Baicheng is not stupid, he will definitely not take out all the cash, so he still has a lot of cash on hand.
And 100 million US dollars was almost equivalent to the entire Kim Heavy Industries, but the other party took it out without blinking. It showed how rich the other party was now, which made Jin Zaizhong couldn't help but feel a little envious.
The topic of cooperation was temporarily over, and everyone continued to play golf.
At around three o'clock, everyone left the golf course.
Huang Xizhao drove back by himself, while Qin Lan took Lin Baicheng's extended-length Lincoln.
"Qin Lan, what do you think of Jin Jaejoong's cooperation proposal?"
"Mr. Lin, as you said, if Chairman Kim Jaejoong just wants to borrow money, then cooperation is not necessary. Although Chairman Kim said he would help us enter the South Korean market, to what extent he will help us is unclear. It’s easy to say, in the final analysis, South Korea is Chairman Kim’s home court.”
Qin Lan expressed her opinion.
Lin Baicheng nodded: "Do you think Chairman Jin will agree to let us invest in Jin Heavy Industries?"
"I think he should agree. If he firmly disagrees with letting us buy shares, he won't say to go back and think about it carefully, but directly refuses. This shows that buying shares is not the bottom line in his heart, and he can accept this."
After a pause, Qin Lan continued: "However, although Chairman Jin will agree to buy shares, it is hard to say how many shares he is willing to give up and the valuation of Jin Heavy Industries. But what is certain is that Jin will The leader definitely wants to gain benefits at the minimum cost.”
"This is normal. When doing business, everyone wants to get the maximum benefit at the minimum cost."
Lin Baicheng couldn't help but smile when he heard this. Let alone Jin Zaizhong, he or other businessmen would have done the same thing. Human nature is like that.
"Do you think there will be any problems with the Kim Heavy Industry Association? Is there a big thunderstorm?"
"After all, this cooperation proposal was brought to us by Chairman Kim himself. We don't know anything about Kim Heavy Industries. If the existence of Kim Heavy Industries doesn't cause a big thunder, Chairman Kim just wants to deceive people or find someone. The scapegoat, then it’s not a good thing for us to invest in Kim Heavy Industries.”
After all, Lin Baicheng and Jin Zaizhong were not familiar with each other. He must be careful about this kind of cooperation that was delivered to his door and be careful about whether there were any pitfalls in it.
"It's not impossible."
Qin Lan heard this and said: "We should be on guard. If we are sure to cooperate and invest in shares, we should go to South Korea to conduct a detailed investigation of Jin's Heavy Industries before taking shares. If we happen to invest in Jin's Heavy Industries, we must Carry out a value assessment and investigate King Heavy Industries, and if there is really a big problem by then, I believe we can find it out."
"It must be found out."
Lin Baicheng said solemnly: "This matter must be cautious. After all, it is not only related to the investment in Kim Heavy Industries, but also the subsequent cooperation and the opportunities for each company's products to enter the South Korean market. If there is a problem here at Kim Heavy Industries, then entering the South Korean market, There will definitely be problems.”
Qin Lan said: "Don't worry, our Secretariat will definitely lock it down by then."
"If we go to South Korea to investigate this matter, we can let the Secretariat over there in the United States do it."
Lin Baicheng suddenly thought of the Secretariat in the United States. South Korea was supported by the United States. It would definitely be better to send people from the Secretariat in the United States to South Korea to investigate than to send people from Xiangjiang to investigate. Americans in South Korea It's easier to do things on the side.
Make things more secretive, so that no one will even know that those Americans are Lin Baicheng's people, that way it will be easier to investigate the background of Kim Heavy Industries.
"It's definitely better to have it handled over there."
Qin Lan definitely didn't want to see her colleagues in the United States, but she couldn't show it in front of Lin Baicheng, and she had to have an overall view of the situation.
"correct."
Lin Baicheng added: "You will entertain President Jin and his party. Among the people he brings, whether they are Park Chengan or Zheng Sen, you can try to get in touch with them."
"Mr. Lin, they are President Jin's people. We may not be able to find out anything from them. Even if we can find out, it may not be true." Qin Lan reminded.
"I know."
Of course Lin Baicheng knew this, he said: "But there is no harm in trying to get in touch. Even if you don't find out anything, there is no loss."
"I see."
Qin Lan didn't say anything after hearing this.
In the next two days, Lin Baicheng asked the secretariat to entertain Jin Zaizhong and his party, while he himself went to do other things.
Lin Baicheng knew that since Jin Zaizhong said he wanted to think about it, he would definitely think about it for a few days. It made no sense to make a decision today after saying he wanted to think about it yesterday. It seemed too childish.
On the 12th, Miki Yota from TV Asahi came to Xiangjiang.
Miki Yota is the president of TV Asahi, and TV Asahi is the lifeblood of the Miki family. Although the Miki family has other industries, those industries are only a fraction of TV Asahi. Once TV Asahi is lost, the Miki family will fall down the class.
Lin Baicheng has dealt with Miki Yota before, but he is only a small shareholder of TV Asahi, and he does not work at TV Asahi. The person who arranged it was just to sit on the board of directors and become a member of the board of directors. He has no specific position in the TV station. .
Therefore, Lin Baicheng and Miki Yota did not interact with each other very often, and they were not very familiar with each other, let alone a deep friendship.
But no matter what, Miki Yaota came to Xiangjiang in person, and Lin Baicheng himself was in Xiangjiang, so he would definitely entertain Miki Yaota in person.
When entertaining Miki Yota, Lin Baicheng originally wanted to call Iwasaki Mineryu, but then he realized that Iwasaki Mineryu was not close to Miki Yota, so there was no need to call him. He could just entertain Miki Yota himself.
That night, a small banquet was also held at Hutchison Hotel for Miki Yaota and the entire team from TV Asahi. Lin Baicheng also brought several assistants and senior executives of Asia Star Media Group.
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