Resource Tycoon Reborn

Chapter 532

first meeting

In the chairman's room of the Samsung Group headquarters building, Samsung Group Chairman Li Jianxi was standing in front of the window, looking at the bustling flow of people downstairs.

He was born in December 1941. Today, he is fifty-six years old. It has been decades since he joined the Samsung Group after graduating from college. After his father passed away, he served as chairman of the Samsung Group.

To this day, it has been ten years!

It can be said that he witnessed with his own eyes the Samsung Group, which had a registered capital of only 30,000 won, and whose main business was exporting Korean dried fish, vegetables, fruits, etc. to small chambers of commerce in China's capital and Manzhouli, and gradually developed into a company that includes multiple companies.

Subsidiary companies and several other legal entities have established an economic consortium with nearly 300 legal entities and offices in nearly 70 countries and regions around the world, with a total employee count of nearly 200,000 people!

Today's Samsung Group has total assets of tens of billions of dollars, and is likely to become South Korea's first economic consortium with assets exceeding 50 billion US dollars! Samsung Group's annual exports account for nearly one-fifth of South Korea's total exports!

Moreover, among the annual taxes paid by the South Korean government, the taxes paid by Samsung Consortium account for nearly 7% to 8% of the country’s total taxes! There is no doubt that Samsung Group is already South Korea’s leading company;

Economic conditions also directly affect the Korean economy!

Samsung's products cover almost every corner of consumers' homes, from the kitchen to the living room. So Koreans often joke: Koreans cannot avoid three things in their lives: death, taxes and Samsung.

The Samsung Consortium in 1996 became one of the world's famous consortiums, all thanks to the "new business plan" proposed by Lee Jianxi in 1993!

It can be said that the "New Business Plan" is not just a redesign of Samsung Group's original business structure, but an innovative movement aimed at manufacturing world-class products! It is a decisive turning point in Samsung's development process!

During these three years, from semiconductors to computer monitors, from TFT-LCD displays to color picture tubes, Samsung Group has as many as seventeen products in their respective fields, and the global market share has jumped to the top five, and even

Yu has become the world leader! There are twelve other products that are also among the best in their respective fields.

However, this sudden financial crisis in Southeast Asia has caused Samsung Group's originally prosperous situation to become devastated in the blink of an eye!

After losing the Southeast Asian market and the Korean financial market becoming turbulent, Li Jianxi suddenly felt that Samsung Group's debt ratio was as high as 370%, which made him breathless.

Originally, when Samsung Group was developing at a rapid pace, the Korean government was protecting it. Such high debt was not an unbearable pressure for Samsung Group. On the contrary, it was precisely because of such a high debt ratio that Samsung Group was able to

In a short period of time, it has become a world-renowned group enterprise!

However, in today's turbulent financial market, such a high debt ratio has become a huge burden for Samsung Group! Domestic banks are no longer able to provide new loans to Samsung Group, and foreign capital is naturally heading towards an uncertain future in South Korea's financial situation.

They are even less willing to take the risk of losing money and continue to borrow money from Samsung Group! If Samsung Group cannot get new loans, it will naturally be unable to repay its original debts. If it cannot pay off its original debts, it will make it more difficult to get loans. This will

An infinite loop is formed!

These days, in order to obtain new loans and readjust the debt repayment of Samsung Group, Li Jianxi is almost worried! However, so far, little effect has been achieved! Whether it is financial institutions in the United States, Japan, or Europe

, are very cautious about lending to Samsung Group! By January next year, the debt faced by Samsung Group will be as high as billions of dollars, and in the next six months, Samsung will face tens of billions of dollars

US dollars in debt repayment! This huge amount is enough to bend the back of the boss of any large company in the world!

And today, Li Jianxi will face the wrath of a creditor, a visit from William Jefferson Millington, the head of East Asia business of Canada **mo Finance Group. Canada **mo Finance Group

In its hands, it holds nearly 3.8 billion U.S. dollars of debt including principal and interest, which is also the largest debt that Samsung Group will have to repay in January next year, accounting for 87.96% of the total amount.

Although it is said that before this, Samsung Group had sent many senior company officials to negotiate with Millington, hoping to postpone the debt repayment deadline, but unfortunately, the two parties could not reach a consensus!

And this time when Millington arrives, Li Jianxi hopes to convince him with enough evidence-Samsung Group's current operating conditions are good! There is no need to worry about the outcome of Samsung Group being unable to repay the loan in the future! If Millington can be convinced,

Dayton agreed to extend the loan agreement between Canada **mo Financial Group and Samsung Group, which will not only ease Samsung Group's current financial strain, but also use this to persuade other creditors. Canada **mo Finance Group,

It is still a very influential financial company in the financial circles of European and American countries!

Li Jianxi did not want to think about what kind of results Samsung Group would face if it was unable to reach a consensus with Millington and had to raise less than US$4 billion in the remaining month or so.

.

"President! Mr. William Jefferson Millington, the business director of the East Asia region of Canada **mo Financial Group, is here!" The beautiful female secretary who came closer said to him softly.

"Mr. Millington is here, please invite me quickly!" Li Jianxi waved his hand.

"There are several unfamiliar faces here with Mr. Millington. It seems that they are not Mr. Millington's subordinates!" the female secretary reminded softly.

"Unfamiliar face?" Li Jianxi frowned and asked, "Who is it?" At this time, Li Jianxi naturally did not want any uncontrollable factors to appear!

"Four yellow people, two men and two women! One of the men should be a bodyguard! The two women are very beautiful!" the female secretary immediately replied.

"Both women are beautiful?" Li Jianxi said in surprise. As the chairman of Samsung Group, Li Jianxi's female secretary is one of the best among her peers in Korea in terms of appearance and talent.

When a stunning woman is called a beautiful woman, she must be a rare beauty in the world! And a man who can have such a beautiful woman is either powerful or extremely rich. Otherwise, he would not be able to keep such a woman!

It will only bring disaster to yourself!

"Very beautiful, a top-notch woman!" the female secretary replied decisively.

Li Jianxi pondered for a moment and said: "Let them come in!" After all, it is Samsung Group that is asking for help, not Canada.

o Finance Group is rushing to provide loans to Samsung Group. How to persuade Millington to get Samsung Group out of trouble is the most critical and important thing. As for the other things, Li Jianxi does not need to consider it now.

Fang Mingyuan stood in the corridor of the building, observing the Samsung employees coming and going. As he expected, none of the employees coming and going here really looked like a crooked melon or a jujube.

All the female staff at least met the standards of flight attendants! This made him sigh that it is really not easy for women in a place like Korea to avoid being stabbed!

"What, are you interested in it?" Aso Xiangyue gently nudged Fang Mingyuan with her elbow, and said coquettishly, "Does it feel like you're being picky?"

Fang Mingyuan laughed dumbly and said: "It smells so jealous, I don't know who is eating dumplings!" Aso Xiangyue was teased by him and burst into laughter. She didn't know how many men's eyes she attracted coming and going.

.

From the other end of the corridor, a middle-aged man who looked to be in his forties or fifty years old and slightly bald came hurriedly. Wherever he went, Samsung employees gave way and bowed. Fang Mingyuan knew this Korean man.

The man is Yin Zhonglong, an important cadre of Samsung Group!

In Fang Mingyuan's previous life, when he mentioned Samsung Group, everyone's first reaction was to think of Lee Jianxi, the chairman of Samsung Group, who was known as the "Economic Emperor" in South Korea. Under Li Jianxi's dazzling aura, Samsung Group

All the other talents in the company were "submerged" in it! Yin Zhonglong was undoubtedly one of them! If Fang Mingyuan hadn't learned of his existence from the Internet once in a while, he would have also not known that the glory of Samsung Group was still there.

Yin Zhonglong made a huge contribution to it!

Yin Zhonglong graduated from the Massachusetts Institute of Technology in the United States, and later returned to China to join South Korea's Samsung, and quickly rose to prominence in the Samsung Group. He successively took charge of Samsung's TV business department, R&D department and other important positions, and was later sent by Samsung Group to Japan to develop the market.

During the Asian financial turmoil, Samsung Electronics, the core subsidiary of Samsung Group, which once recorded an annual profit of US$2.3 billion, was forced to the brink of bankruptcy. At this critical moment, Yin Zhonglong was urgently recalled from the Japanese market by the Samsung board of directors

South Korea, was appointed to take charge of Samsung Electronics in a critical situation.

After An Zhonglong took over Samsung Electronics, he immediately sold a large number of inventory products at a discount and made great efforts to recover the company's debts, making Samsung Electronics' working capital abundant again.

Two years later, Samsung Electronics, which had turned around from losses to profits, achieved results that surprised the world - the company's financial situation improved across the board, its net profit increased hundreds of times compared to 1997, and the company's stock price also increased.

By as much as 200%! By 2002, Samsung Electronics' annual sales reached US$34.5 billion, with profits of more than US$6 billion. The company entered the list of the world's top 500 companies.

Ranked 63rd in the ranking. The annual sales volume of Samsung Group that year was only nearly 90 billion US dollars! It can be said that the performance of Samsung Electronics alone accounted for one-third of the total sales of the entire Samsung Group.

A strong one!

Such strong performance made Li Jianxi appreciate him more and promoted him to the CEO and vice chairman of Samsung Group! And Yin Zhonglong did not live up to Li Jianxi's trust. With his strong persistence, Samsung

The group reorganized its core business, concentrated its scientific research efforts on developing the most critical areas, and established a relatively balanced commercial and business structure, laying a solid foundation for Samsung to develop rapidly again after two thousand years! It also enabled Samsung Group to withstand market risks.

The ability is greatly enhanced!

His leadership ability has also been highly recognized by the world's business community! "Fortune" magazine once named him the best business person in Asia in 1999; two thousand years ago, "Business Weekly" even named him

He was one of the twenty-five best managers of the year; in 2008, Harvard Business School's "Harvard Business Review" named him one of the five best CEOs in the world.

"Huh?" Yin Zhonglong saw Aso Xiangyue who was attracting everyone's attention at a glance. He changed his direction and came to Fang Mingyuan and the two of them. He said with surprise on his face, "Miss Aso, why are you here?"

For many years in Japan, he has been responsible for the development of Samsung Group's Japanese market. Naturally, he recognizes Aso Kozuki, who may be the woman with the richest assets in Japan. Although, in the past few years, Aso Kozuki's main focus has been on Russia.

and those union republics in the former Soviet Union, but Japan is still an area where she is active.

In Japan, Yan Zhonglong had met Aso Xiangyue at many business banquets, and the two had cooperated several times in business, so they were no strangers to each other!

"Manager Yin! We meet again!" Aso Xiangyue said with a smile, "I accompanied Mr. Fang to your company to meet with President Li Jianxi. Aren't we waiting for President Li's summons?"

"Young Master Fang?" Only then did Yin Zhonglong notice Fang Mingyuan beside her.

"Let me introduce, this is the deputy general manager of Hong Kong Kumho Film Group, Sun Fang Mingyuan, the eldest son of the Fang family, the majority shareholder of China Carrefour Group, and also my boss!" Aso Xiangyue's words immediately made Yin Zhonglong furious.

Touched! Not only because of the famous name of Hong Kong Kumho Film Group, nor because of Fang Mingyuan’s identity as the eldest grandson, but because Aso Xiangyue admitted that Fang Mingyuan is her boss!

Yan Zhonglong, who has worked in Japan for many years, knows that in the Japanese business community, speculation about how much money Aso Kyousuki, the suddenly rising upstart in the Japanese business community, controls, has been a constant topic for many years.

, until Aso Xiangyue faded out of the Japanese market, this was still the case! Moreover, there are countless speculations about who the boss behind Aso Xiangyue is! But Aso Xiangyue has always had no comment on this topic!

"Master Fang? You are not Fang, who is famous in the Japanese comics and video game industry, are you? Miss Aso, are you your agent?" Yin Zhonglong blinked and suddenly realized that this man is also in Japan.

A legendary figure!

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