The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 648 Gu Benmoo’s decision
Hearing what his father Gu Jijing said, Gu Benmao also recognized the reality.If the situation is allowed to develop in a dangerous direction, it is inevitable that LG Credit Card Company will be completely exposed!
There is plenty of money in Bangzi Country, and the only one who can help their LG Group solve their troubles is Miracle Group!As for other chaebols and large corporations?Compared with their LG Group, it's just half a pound to eight ounces. How can they get so much money?

But it may not be so easy to persuade Miracle Group to help!They don't have much cooperation with Miracle Group. That is to say, during the financial crisis a few years ago, they turned to Miracle Group for help and asked them to raise funds and invest in shares. Other than that, the two parties have no other interactions.

……

Miracle Group, meeting room.

Wu Shixian looked at LG Group Chairman Goo Bon-moo who suddenly came to visit with some curiosity, and joked with a smile, "Chairman Goo came here specially to visit me, right?"

"...To be honest, Chairman Wu, I came here to ask for something!" Gu Benmao smiled awkwardly, and then stated the purpose of his visit.

Koo Bonmoo bravely stated his plan, "...We hope Miracle Group can provide us with a loan, which will cost about US$15 billion!"

"15 billion U.S. dollars?!" Wu Shixian was shocked. He had no idea that Gu Benmoo suddenly came to visit and asked to borrow 15 billion U.S. dollars!
Good guy, with that much money, I can probably buy 1/4 of the LG Group, right?Is it possible that their LG has some serious problems?

……

Wu Shixian took a sip of tea, and then said seriously, "President Gu, you are asking for a loan of 15 billion US dollars. Such a large amount of money is a huge sum for Miracle Group! This is empty talk, I It’s also very difficult! After all, we have already supported LG Group once before this.”

Hearing what Wu Shixian said, Gu Benmoo took a deep breath. It seemed that this time he had to cut off his arm to survive!
He quickly made a decision in his mind and said firmly, "President Wu, I understand. We will not make it difficult for Miracle Group! We can use two subsidiaries in exchange for Miracle Group Aid money!”

"Is that so? I can report it to my boss. But I can't guarantee whether he can agree!" Wu Shixian replied with a smile.

"That's the trouble, Chairman Wu! If Miracle Group can help us LG get out of trouble this time, we LG will definitely remember this kindness!" Gu Benmao said excitedly.

Wu Shixian sighed with emotion, this Gu Benmao is quite clever!By turning the loan into a transaction, they will not be under too much pressure even if they are unable to repay the loan in the short term.It's just that this kind of behavior of "selling your father's land" is somewhat unkind, right? !

After Wu Shixian returned to the office, he quickly called Chen Daojun and recounted the previous situation.

Chen Daojun said with a smile, "Don't miss this kind of good thing that comes to your doorstep! Their LG Electronics and LG Life and Health are quite good. If possible, we will take down these two companies!" As the top chaebol in Bangzi Country, LG Group cannot be underestimated. It has established more than 171 overseas offices in 300 countries and regions.Its subsidiaries mainly include: LG Electronics, LG display, LG Chem, LG Life and Health, etc., and its business fields cover chemical energy, electronic appliances, communications and services.

If LG Chemistry is the foundation of LG Group's fortune, then LG Electronics and LG Life and Health are the cash cows that LG Group has carefully cultivated in the future, bringing huge profits to the group headquarters every year.

If he wants to win two subsidiaries from LG Group, Chen Daojun naturally hopes to win LG Electronics and LG Household & Health Care.These two companies are more in line with his current layout!

LG Electronics' main products include: TV/home entertainment products, mobile communication products, washing machines, refrigerators, vacuum cleaners, smart clothing care machines, air conditioners, air health products, monitors, cooking equipment, embedded appliances, computer optical drives, etc.

After acquiring LG Electronics, we can cooperate with Pingguo and Google to become suppliers of mobile phone displays, spare parts, etc. At that time, we can cooperate with Baodao Semiconductor Company to mass-produce new smartphones in Asia. Sweeping the entire Asian market in a short period of time!

As for LG Life and Health Company, what Chen Daojun is interested in is its cosmetics brands, from Diezhuang and Inoz, to Xiulihan, Ouhui, and even "Hou", which are all-round, multi-grade, and multi-series beauty and skin care brands. It is not inferior to Amore Cosmetics’ flagship products.

Moreover, cosmetics have always been a hugely profitable industry. Raw materials often cost dozens or hundreds of yuan per kilogram, and a large number of finished products are sold for hundreds or thousands of dollars per piece, with profits as high as 300%-1000%!

This was verified by Amore Cosmetics Company.Since the Amore cosmetics brand launched in the European market and achieved huge profits, Amore Cosmetics successfully introduced the Laneige brand into the neighboring country's hot summer market in 2002, winning the favor of many female users.

……

Hearing what Chen Daojun said, Wu Shixian reacted quickly.In recent years, Chen Daojun has attached great importance to Internet technology companies. Whether he went to Baodao to acquire Baodao Semiconductor or personally led the listing of Google, now he has acquired LG Electronics, mostly for the follow-up of the "key project" of smartphones. Making preparations!

"Boss, although this is a great idea, it is very difficult to implement! If we take away these two highly profitable companies from the LG Group at once, that guy Gu Benmoo will probably not agree!" Wu Shixian smiled bitterly. teased.

"Then let's talk slowly! Anyway, it's their LG Group that needs money, and we're not in a hurry!" Chen Daojun replied with a sneer, "If they can still afford it, let Goldman Sachs give these to Bangzi Country." The bank should put some pressure on it! Anyway, the loan originally borrowed from the IMF is about to expire!"

Only then did Wu Shixian realize that his boss Chen Daojun still had some tricks up his sleeve!Is it any wonder that Goldman Sachs Group was asked to take over all previous loans from the IMF in order to severely defraud domestic financial institutions, chaebols and large enterprises when necessary? !

"...I'm afraid those banks' debts won't be paid for a while!" Wu Shixian thought of the credit card problem that has become a trend recently. Those companies borrow money from banks and plunder wool by establishing credit card companies, but they are all He was ruthless!
(End of this chapter)