Reborn as a tycoon in Hong Kong

The day after the Miss Asia contest ended, Miki Yota took the people away from Xiangjiang and returned to Japan.

The Murakami family is causing trouble in Tokyo. Although Miki Yota has successfully obtained the support of Lin Baicheng, and he also has trump cards in Tokyo, he cannot let the Murakami family cause trouble without personally coming forward. Such a situation His best choice is to take charge of the overall situation in Tokyo to avoid a successful surprise attack by the Murakami family.

However, although Miki Yota brought people back to Tokyo, not all of the team from TV Asahi went back. Some of them stayed to have more detailed discussions on the cooperation between TV Asahi and Asia Television.

Lin Baicheng and Miki Yota have already set the general direction for further cooperation between TV Asahi and Asia Television, and the specific cooperation will be discussed by the people below.

Therefore, after Miki Yota left with his people, Asia Television was responsible for entertaining the remaining TV Asahi team members, and Lin Baicheng ignored them.

On the other hand, in South Korea, Kim Jaejoong has not left Hong Kong, and the people from MBC TV station have not left either.

The cooperation between Lin Baicheng and Kim Jaejoong has not yet been finalized. The details will be discussed after Kim Jaejoong has figured it out. However, Kim Jaejoong is still very sincere in cooperation. He agreed to let MBC TV station and Asia TV further cooperate. The management of the two TV stations will give details. Cooperation has been discussed.

Of course, MBC TV station is more conservative than TV Asahi, and the cooperation is not in-depth enough, but it is still a good start.

Although Jin ZaiZhong has not left Xiangjiang, Lin Baicheng does not have time to entertain him every day. Therefore, before Jin ZaiZhong decides to talk again, Lin Baicheng arranges for Qin Lan to entertain Jin ZaiZhong on his behalf, and he himself returns to the research laboratory of Changsheng Medical and Biological Company.

Pharmaceutical research and development is a long-term project, and there is basically no progress at present. Lin Baicheng is not disappointed.

After all, Lin Baicheng has just started research and development not long ago, so it is normal that there is no progress. As long as you persist, results will come sooner or later.

A few days passed.

Jin Zaizhong, who stayed in Xiangjiang for a few days, contacted Lin Baicheng again through Qin Lan, saying that he wanted to discuss cooperation with Lin Baicheng again.

Lin Baicheng agreed to meet and invited Jin Zaizhong to dinner.

During the meal, the two did not talk about anything. After the meal, they drank tea in the private room to digest food.

After drinking tea and chatting, the two got down to business.

"President Lin, I have discussed your last proposal with several shareholders."

Kim Jaejoong did contact the other shareholders of Kim Heavy Industries, but the discussion was over. The Kim Chaebol was the largest shareholder of Kim Heavy Industries and had absolute controlling rights of Kim Heavy Industries. He only informed several other shareholders about this matter. Just a shareholder.

"What do Chairman Jin and several shareholders mean?"

Lin Baicheng was not surprised either. The two of them met today to talk about this.

Jin Zaizhong said solemnly: "We have discussed it. Chairman Lin wants to get 15% of the shares. There is no problem with this, but the money that Chairman Lin loaned to Jin Heavy Industries must come up with 30 million US dollars. We have already After showing sincerity, President Lin must also show sincerity."

"Lending $30 million for free is too high a price."

Lin Baicheng couldn't help but shake his head after hearing this. In fact, he could accept this price, but that's not how negotiations were negotiated. You can't just follow what the other party says. Talking more can definitely bring down the loan amount, and borrowing less money is not a bad thing.

Jin Zaizhong immediately reminded: "Chairman Lin, of course this will not be a free loan. Kim Heavy Industry will pay the interest."

Lin Baicheng couldn't help laughing when he heard this: "President Jin, we are businessmen. What we value is cash flow, not the bank's interest. Don't you think so?"

Of course, Jin Zaizhong knew that Lin Baicheng's words made sense, but it was impossible for him to echo the remarks that were not good for him, so he could only say: "Chairman Lin, after you obtain 15% of the shares, you will become the second largest shareholder of Jin Heavy Industries. If it develops well, you will also make a profit. Therefore, lending money to King Heavy Industries is actually equivalent to using your own money to develop, making the shares in your hands more valuable."

"That's true, but after I bought the shares, I only hold 15% of the shares. President Jin, you are the largest shareholder."

Lin Baicheng smiled and reminded that it was Kim Jae-joong and the Kim chaebol who profited from the development of Kim Heavy Industries, not Lin Baicheng, the second largest shareholder.

Kim Jaejoong said: "If Kim Heavy Industries develops, the Kim Chaebol will be stronger and more capable of helping Chairman Lin enter the South Korean market. We are mutually beneficial, and I am not the only one who benefits. one."

Lin Baicheng tapped the glass gently with his hand and began to think.

Jin ZaiZhong did not rush when he saw this.

Lin Baicheng knew that what Kim Jaejoong said made sense. Only when the Kim chaebol became stronger would it be more able to help the products of his companies enter the South Korean market. However, this was all in the best direction. The reality was definitely not that smooth.

Leaving aside whether other chaebol companies in South Korea will prevent companies under Lin Baicheng's name from entering the South Korean market, Lin Baicheng cannot be sure whether the Kim chaebol alone will continue to help Lin Baicheng as promised after it becomes stronger.

This kind of cooperation cannot be implemented into documents at all. Even if it is implemented into documents, if the other party is interested, there are many ways to manipulate it.

But again, buying a stake in Jin's Heavy Industries is beneficial to Lin Baicheng on the whole, otherwise Lin Baicheng would not have talked with Jin Zaizhong so many times.

To invest in Kim Heavy Industries, first of all, Kim Heavy Industries has a greater chance of development. The shares held will receive huge rewards in the future, and this investment cannot be lost.

Furthermore, after taking a stake in Kim Heavy Industries, the products of Lin Baicheng's company will get a ticket to enter the South Korean market, and the Kim Chaebol will help him gain a foothold in South Korea. Regardless of whether it can establish a firm foothold or how big the market it can capture, at least it has entered the South Korean market. This is an opportunity.

After thinking for a moment, Lin Baicheng said: "President Jin, you should know that 30 million US dollars is not a small amount."

Jin Zaizhong immediately said: "But with President Lin's wealth, it is easy to take it out."

"You can't say that. US$30 million is not a small number to me."

Lin Baicheng waved his hand and continued: "I can lend the money to Jin's Heavy Industries. The 30 million U.S. dollars is a penny. But, I have a condition!"

"President Lin, please speak."

Looking at Lin Baicheng with a solemn expression, Jin Zaizhong knew that the loan of 30 million US dollars was not so easy to obtain.

However, it is normal to have conditions. Jin Zaizhong has been mentally prepared for this for a long time. Now it depends on whether he can accept Lin Baicheng's conditions.

"There is a bank under my name. The bank will lend the US$30 million to Kim Heavy Industries. However, it is not a mortgage loan. Instead, Kim Heavy Industries will issue US$30 million in bonds and the bank will buy them."

"The bonds have a fixed interest rate, and the interest rate is calculated based on the market price in South Korea. However, after the bond matures, the bank can freely choose to let Kim Heavy Industries repay the debt, or convert the $30 million bond into Kim Heavy Industries based on the market value of Kim Heavy Industries at that time. Shares of Kim Heavy Industries.”

Lin Baicheng explained the plan that his team had planned for him. One advantage of converting loans into bonds is that he would have one more choice.

Repaying a debt when it is due is actually the same as repaying a loan when it is due, there is no difference.

Another option is to convert debt into shares, which is to see how King Heavy Industries develops and whether there are prospects. If so, the bonds can be directly converted into shares, which is equivalent to getting the opportunity to invest in King Heavy Industries again, and this There is no premium for the initial investment, which is a benefit.

"Chairman Lin, asking you to buy 15% of the shares is already a lot. If you buy more, let alone other shareholders, the Kim Chaebol will not be able to accept it."

Kim Jaejoong immediately vetoed it after hearing this. After Lin Baicheng took the stake this time, the Kim Chaebol's shareholding in Kim Heavy Industries was only about 60%. Although it was still more than 50%, the Kim Chaebol could not always hold the shares of Kim Heavy Industries. Without selling shares, Jin's Heavy Industries will definitely be listed in the future, and there will definitely be at least one financing before going public.

After a few times, it will be good if the Kim Chaebol can still hold 40% of the shares of Kim Heavy Industries.

Although Lin Baicheng's shares in Kim Heavy Industries will decrease due to financing and listing, the more shares he holds, the smaller the gap between him and the Kim Chaebol will be.

Although Kim Jaejoong is not afraid of Lin Baicheng threatening the Kim Chaebol's control of Kim Heavy Industries, if Lin Baicheng holds a large shareholding, it is entirely possible that he will unite with other chaebols to threaten the Kim Chaebol's control of Kim Heavy Industries. He must take these into consideration now and cannot wait until Regret after the future happens.

Lin Baicheng said: "Chairman Jin, the bonds will not be converted into shares of Jin Heavy Industries now, but will be converted into shares after the bonds mature. By that time, Jin Heavy Industries will develop and grow, and the market value will definitely be higher. 30 million US dollars will be converted into shares." For the corresponding shares, it’s not that much when you think about it.”

Jin moved in the center. He was a little too hasty just now, but he forgot this. Yes, judging from the current market value, converting US$30 million into shares is a lot, but in a few years, as the market value of Kim Heavy Industries increases, the proportion converted into shares will not be too much.

Of course, if King Heavy Industries does not develop much and the market value does not increase much in a few years, then the ratio of converting US$30 million into shares is still a lot.

However, when Jin's Heavy Industry is not developing very well, let's not talk about whether Lin Baicheng is willing to convert US$30 million into shares. At that time, is there any way for Jin's Heavy Industry to use US$30 million to repay debts without affecting the company's development? It’s hard to say.

"President Lin, I hope the duration of this bond will be five years."

Jin Zaizhong thought for a while and said, it's not that he doesn't want a longer life, but five years is already a long time, and any longer is basically impossible.

"President Jin, five years is too long, it can only be three years."

Except for short-term bonds, most bonds have maturities between one and five years, so five years is too long in Lin Baicheng's opinion.

More importantly, the longer it takes, the higher the market value of Kim Heavy Industries will be as it develops, and the fewer shares it can get by converting US$30 million into shares, so the longer it takes, the greater the losses will actually be.

"President Lin, three years is too short and nothing can be done."

Jin Zaizhong solemnly said: "Heavy industrial enterprises are asset-heavy enterprises. Research and development and market development require time. The company will not be able to go very far in three years. It will be very good to be able to bring the company to a higher level in five years."

"Chairman Kim, no matter what, I actually took out the money. No matter what the purpose, I invested in Kim Heavy Industries to make money. The bonds here are worth 30 million U.S. dollars, plus the funds I need to buy shares, both sides It adds up to tens of millions of dollars. If there is no certain return, then my loss will be too great."

"President Kim, don't talk about entering the South Korean market. This is all out of the question. And I am willing to pay a certain price for it, but the price cannot be too high. This is the premise."

Lin Baicheng didn't want to give in too much. In the cooperation between the two parties, if he gave in too much, it would be easy for the other party to make further progress, which would be detrimental to the cooperation between the two parties.

"President Lin, four years, how about four years? Please consider the difficulties of Jin Heavy Industries."

Seeing that Lin Baicheng was unwilling to give in, Jin Zaizhong took a step back. As for letting Lin Baicheng hold more shares after the debt stock, he already had a preliminary plan, which was to conduct a financing before the bond expired to reduce Lin Baicheng's shareholding ratio. At the same time, it will increase the market value of Kim Heavy Industries.

The most important thing is that as long as Kim Heavy Industries develops, its shares and control rights are the most important. Otherwise, if the development does not go smoothly, not many people will be willing to take over even if they want to sell it to others.

"Okay, just four years."

After Lin Baicheng thought for a while, he also took a step back.

"President Lin, it's settled."

Jin Zaizhong was very happy. This trip to Xiangjiang can be said to be quite smooth.

“Happy to work with!”

“Happy to work with!”

Lin Baicheng and Jin Jaejoong had tea instead of wine.

Putting down the tea cup, Lin Baicheng said: "As for the investment, I will send people to South Korea to conduct research on Kim Heavy Industries. I hope Chairman Kim can cooperate."

"President Lin, don't worry, I will ask people to fully cooperate."

Jin Zai Zhong immediately promised that after returning, he would definitely ask someone to take care of some things and deal with all hidden dangers while maximizing the value of Jin Heavy Industries.

Lin Baicheng did not discuss the valuation of Kim Heavy Industries with Kim Jae-zhong. Now he knew nothing about Kim Heavy Industries. He must send people to investigate before negotiating the price. Not only did he send his own team, he would also find local people in South Korea. A team of lawyers and accountants assisted. After all, the locals must know King Heavy Industries better than they did.

Only when it is confirmed that there are no problems with Kim Heavy Industries, what Lin Baicheng and Kim Jae-Zhong discussed will count, and he will cooperate with the Kim Chaebol. Otherwise, all the current discussions will not count.

After what was necessary to talk about, Lin Baicheng and Jin Zaizhong chatted for a while, and then the two left.

The day after talking to Lin Baicheng, Kim Jae-jung took his people and left Xiangjiang back to South Korea after saying hello to Lin Baicheng.

Lin Baicheng told Qin Lan and others about the general situation of his talks with Jin Zaizhong, and at the same time asked Qin Lan to arrange for people to go to South Korea to conduct research on Jin Heavy Industries.

The investigation of Jin's Heavy Industry will definitely take some time, and these things can be left to the people below. Lin Baicheng only needs to take a look at the investigation results after the research team comes back.