The youngest son of the chaebol family, Mo Hyun-min

Chapter 62



"Owner, the plan went well. Now the Shunyang Group already knows the news that Handao Steel is about to go bankrupt and become insolvent. What do we need to do next? Wu Shixian cooperated with the coffee and asked curiously to the side.

"Reveal the news to Daying Group as well. If Shunyang Group acquired Handao Steel so smoothly, what is the point? When the two tigers compete, we, the audience, will enjoy watching it. Chen Daojun smiled slightly, and casually said his next plan.

"But, boss, aren't you from the Shunyang Group? Wouldn't that be a little inappropriate? Wu Shixian said with some hesitation. In his opinion, as a member of the Shunyang Chen family, Chen Daojun's approach seemed a little unauthentic.

"Shopping malls are like battlefields, how can a soft heart achieve great things. Moreover, I am only the youngest son of the illegitimate son of the Shunyang Group, and the heir of the Shunyang Group is not me, so how can I worry about Shunyang's affairs! Chen

Daojun's self-deprecating answer made Wu Shixian stunned for a moment, and after thinking a little, he suddenly realized, no wonder a demon investor like Chen Daojun found him and agents like Li Taiyong to form a company, annex many enterprises, and even establish a group, even with such brilliant achievements, still hidden behind the scenes.

"Boss, you have planned so much, shouldn't it be that you want to seize the Shunyang Group?" Wu Shixian said jokingly.

"It's not just Shunyang? Daying, Xianjing SK, LG, Letian... I want them all! The chaebol of the country of sticks, I want nine out of nine! Chen Daojun revealed his heart at this moment, and he has been cautious for so many years, in order to one day, he will take all of these into his pocket and establish his own business empire?

Wu Shixian did not expect that Chen Daojun, who was only 16 years old, actually had such great ambitions, knowing that even if it is Daying Group or Shunyang Group, their size is similar to the current Miracle Group, or even more than that.

Their miracle group relies on abundant cash flow and the background of the beautiful Wall Street consortium to stabilize other consortiums and climb to the end of the pyramid of the national chaebol.

......

"Boss, you said that if Chairman Chen Yangji knew that his little grandson was so powerful in the future, would he regret not handing over the Shunyang Group to you earlier? Think that in the hands of the boss, Shunyang Group will soon be able to defeat the Daying Group and become the first in the country of sticks? Wu Shixian quipped.

"He doesn't regret it, I don't know. But if he knew that I could take down the Daying Group and defeat the juniors of Chairman Zhu Yirong, he would be very relieved. Chen Daojun did not answer directly, but mentioned Chen Yangji's nemesis, Daying Group and Zhu Yirong.

"Hahaha! Boss, it's really yours! "

......

—————— dividing line———————

Daying Group.

"Dad, I just received news that Handao Steel is about to go bankrupt because of poor management. If our Daying Group can win Hando Steel, it will definitely be of great help to our automobile, shipbuilding, and construction companies. The eldest son Zhu Mengxu came to Zhu Yirong to report the situation with the information.

Zhu Yirong did not express his position, but took the materials brought by his son and carefully read them. Zhu Yirong, who was originally a little puzzled, frowned when he saw the data analysis and financial situation report listed in the report, "Hando Steel's liabilities are so high, no wonder it will go bankrupt... If you buy it, I'm afraid you will have to repay a large amount of loan!

"Dad, don't forget that if we don't make a move, Handao Steel is likely to fall into the hands of the Shunyang Group. If Chen Yangji's old fox had obtained Han Dao Steel, he would definitely be even more arrogant! Seeing that Zhu Yirong was still thinking about it again, Zhu Mengxu couldn't help but urge.

It should be known that Handao Steel, as the largest steel smelting company in the stick country, supports almost 65% of the domestic steel supply of the stick country. Once Handao Steel collapses or is bought by competitors like Shunyang Group, then those subsidiaries of their Daying Group will not feel good. Without steel supply, these subsidiaries will definitely reduce production or even stop production for a while. At that time, the revenue of the entire company will also be greatly affected.

"I'll think about it again..." Zhu Yirong still didn't make up his mind. Because their modern group has only improved a little in the past two years, the cash flow is not very abundant. Under the impact of "Black Monday", many industries of Daying Group have been affected, and the revenue has not been ideal for many years, until the first two years gradually slowed down.

To acquire Hando Group and repay its debts, it will take at least 700-800 billion won (about 6-700 million US dollars), even if they are a large group, I am afraid that it will affect the daily operation of the group. And looking at the miserable appearance of this Handao Steel, I am afraid that a certain amount of capital injection and operation are needed to bring back to life, which is another big expense!

......

Meeting room of Shunyang Group.

"Chairman, according to our calculations, if we want to win Hando Steel, we need at least 500 billion won." After two rounds of review, the finance department staff on the side finally gave a purchase price.

"Asibah! 500 billion? My old book is going to be hollowed out, this is to force me to eat soil! ...... So what are the benefits of buying steel? The kind that can be sold. Chen Yangji asked a little helplessly.

"Handao Steel has a large logistics warehouse on the Busan side. As long as the land is developed and the building is sold to the outside world, it should be able to make a profit of 200-300 billion.

Chen Yangji heard his subordinates say this, the old face that was originally a little hazy eased a lot, if it was only about 300 billion plus about 400 billion debts, less than the price of 700 million US dollars, he would be able to give it a go and take Han Dao Steel.

"President, I'm afraid things won't go so smoothly. Although the news of Hando Steel's insolvency and imminent bankruptcy has not yet been reported, once we start the acquisition, our competitor Daying Group is likely to be involved. Hando Steel is as important to our Shunyang Group as it is to their Daying Group. Once the two sides compete, the purchase price will definitely be pulled up a lot! Room Chief Li on the side saw that Chen Yangji was a little moved, and directly reported the information and predicted situation in their secretary's office to Chen Yangji.

"The secretary office where Director Li is located has always been well-informed, and the accuracy of the predictions made is also quite high, and we also have to take into account the reaction of the Daying Group." Chen Yongji nodded in agreement.

"Yes, Daying Group also has the automobile industry, heavy industry and shipbuilding industry. They can't sit idly by and watch us Shunyang buy Handao Steel and remain indifferent. Second son Chen Dongji spoke.


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