Korean TV series: King of Peninsula 1997

Chapter 107 A Billion Deal
In the small building of Jiangnan Industrial, two young men stood downstairs, quietly waiting for Li You.

When Li You got off the car, they greeted him with all their might, shouting so loudly that Li You's ears vibrated.

"Jun Jae-joon," Li You looked at the seventeen-year-old rich second-generation, who lowered his head and waited for Li You to speak.

"So you are An Shangjiu?"

"Yes! President!" An Shangjiu was quite good-looking, and he had an elite temperament in the black suit.

"How long have you been doing this?"

An Shangjiu was stunned for a moment, and took the initiative to tell Li You about his experience.

Li You gradually confirmed that this person was An Sangjiu in "Insider", but it was still unknown which chaebol replaced the Future Group in the movie.

Twenty-four-year-old An Sang-gu has been on the streets for five years, moving around between several forces in Seoul, but has never had a chance to stand out.

This time he finally got the chance and finally had the opportunity to survive under Li You.

Li You looked at An Sangjiu who was very excited and patted him on the shoulder. "You should work hard in Songpa District in the future and communicate with Bingdou more if there is anything."

"Yes! President." He expressed his loyalty, "Just tell me if you have anything to say!"

An Shangjiu didn't even go upstairs. It wasn't that Li You didn't let him go upstairs, but he was anxious and hurried to report.

Songpa District lacked Xu Zhonglie, so An Shangjiu took over. However, this Quan Zaijun.
"Jaejun," Li You said, holding an unlit cigarette in his mouth, "you go to Garibongdong and learn from Brother Xu how to chop people. Learn how to be really ruthless."

He didn't take the elevator, but walked up the stairs slowly and came to the office specially vacated for Wu Yongzhu to buy and sell real estate.

"President Li," Wu Yongzhu grabbed his hair anxiously when they met, "I know that I only have the power to buy and sell, and I am not the owner of the land."

"But aren't you being too frivolous in handling the land?" He grabbed his hair. "Giving a piece of land to Xiancheng Daily to build a building is fine, but I can also guess some of President Li's intentions."

"But isn't it a bit of a waste to exchange a piece of land for shares in an entertainment company?" Wu Yongzhu clapped his hands, full of heartache, "And you were going to exchange more land for shares in those media and entertainment companies yesterday."

"How can you call it an exchange?" Li You laughed, "It's clearly a business with no capital."

"A business with no capital?"

"Yes," Li You said quietly, "Those small media outlets will all be part of Jiangnan Entertainment in the future. How can it not be a no-cost business?"

He lit up the cigarette meaningfully, pointed out the window with a smile, and said, "It's just that it's not convenient to annex them directly now. By then, even the company and the land will be taken away by them."

Wu Yongzhu's expression eased a little, "That's fine."

The wrinkles on the old man's face seem to be more prominent these days. "If my prediction is correct, the government may announce a large-scale development of Jiangnan at the beginning of the new century."

"Are you planning to circumvent the government's acquisition of land in this way?"

"Of course," Li You exhaled a puff of smoke, "When you are strong enough, you can take it back at will."

“Since you have a plan,” Wu Yongzhu nodded, “then I feel relieved.”

After a few seconds, he began to explain, "I hope President Li doesn't mind my talking too much, but I really hate it when someone wastes the value of land."

"It's okay," Li You naturally didn't take it to heart, "This shows that Uncle Yongzhu is thinking about me, which is a good thing."

He turned and left the slightly messy office, closing the door gently.

Li You naturally treats Wu Yongzhu well. The old man has made an indispensable contribution to the fact that Jiangnan Industrial can control so many high-value properties in the three districts of Jiangnan. His vision for land is indeed outstanding.

He sat back in his office and suddenly realized that he could finally take a break today.

Until Chen Daojun called.

"Deputy Chen, are you done?"

"You want to build a digital media city in Jiangnan?" Chen Daojun's voice sounded tired, but there was no questioning tone in his voice.

"Yes," Li You laughed calmly twice, "It's because Representative Chen's Digital Media City has been slow to find a company to move in."

“I am doing this for the development of Seoul. After all, Digital Media City will play an important role in its future development.”

Chen Daojun smiled silently, "It seems that President Li and I have similar vision."

"But Sangam-dong in Mapo-gu and Apgujeong-dong in Gangnam-gu are completely different," he sighed, "Is President Lee so confident that he can make it happen?"

"Of course," Li You smiled, "After all, Xiancheng Daily was the first to move in, and I also heard that..."

"Xiancheng Daily has recently been looking for Daying Logistics to cooperate on a TV shopping channel," he expressed his meaning intentionally or unintentionally, "Do you think Shunyang Logistics can really suppress Daying Logistics in the future?"

"Does this count as helping Representative Chen?"

Chen Daojun was silent for a while, then stiffly changed the subject, "That's not what I wanted to talk about, President Li."

"I want to ask, how do you know that there is something wrong with my grandfather's brain?"

"What?" Li You laughed, "Did President Chen announce it to you?"

"No," Chen Daojun lowered his eyes, "but he changed the eldest son inheritance that he had insisted on for decades. He gave in yesterday."

An old stubborn person will not suddenly change what he has insisted on for so many years unless the situation is extremely urgent.

For example, he may suddenly die on the way to the company one day, or he may fall asleep in bed and never wake up.

"Can you tell me?" Li Youshun asked, "What did President Chen tell you?"

"There's nothing wrong with that."

Chen Daojun thought of Chen Yangzhe's appearance yesterday afternoon, and inexplicably felt a little sad, "My grandfather said."

Shunyang has never had an eldest son inheritor. Chen Yangzhe supported them in using money to buy Shunyang's shares and also pointed out another way.

Whoever can prove that he can run Shunyang better than him in the future, he will give the management rights to and leave Shunyang to that person. "Who will Shunyang be left to?" Li You sneered, "Is it who should Shunyang's products be left to?"

Shunyang Commodities is a not very eye-catching company in Shunyang, but its shares have always been firmly held in the hands of Shunyang's family, because through various cross-holdings, it represents the inheritance rights of Shunyang.

Chen Daojun smiled bitterly, "It seems that President Li really understands Shunyang."

"My grandfather may not have much time left," Chen Daojun took a deep breath.

"I can honestly tell President Li that this incident has indeed disrupted all my plans for Shunyang's future."

"So?" Li You twirled his pen. "I don't believe Representative Chen came here to complain to me."

Chen Daojun pondered for a while, "I want to seize Shunyang at all costs, so President Li, let's make a deal."

"Just like when we teamed up to get rid of Han Jiangzhi."

"Another deal?" Li You was not surprised. After all, interests are always attractive. Even if two people fought their brains out the day before, they could still sit down and cooperate for the sake of interests the next day.

"What can I get?"

The last time they joined forces, both sides got what they needed, but this time it was a unilateral request from Chen Daojun. As for whether Li You agrees, it depends on whether the benefits offered by Chen Daojun are big enough.

"I know what happened in Seoul recently," Chen Daojun whispered, "The major forces are ready to make a move. It's no longer a secret among the upper echelons."

"But President Li should know why they didn't try to stop it."

Li You threw the pen in his hand into the pen holder with disdain. "The big chaebols look down on us barbarians, and the threatened companies feel that they are no match for our alliance. Another point is."

They were all staring at Shunyang. Whenever the Wolf King showed signs of decline, there would always be greedy wolves stepping forward to challenge him, eager to become the new Wolf King.

Sunyang is also one of the top chaebols in South Korea, but now the empire is about to collapse...
When a whale falls, all things come to life. It has been targeted for a long time, so Chen Yangzhe is anxious. He does not want Shunyang, which he founded, to be eaten by those hyenas that he looks down upon.

Chen Daojun understood what he meant, and he also figured out how to exchange for Li You's help.

"President Li, you should know why I refused to give you shares in Miracle Company last time," Chen Daojun could calmly talk about the promise he broke, "Miracle now has hundreds of billions of won in circulating funds, all of which were earned by Wu Shixuan and I in the world stock market."

"Let's talk about something practical this time," Chen Daojun said, "President Li has a long-term vision, but can the current cash flow keep up?"

"The monthly salary expenditures have already reduced the amount of money by more than half, and we still have to invest in real estate and maintain relationships." He shook his head, "Is the money enough?"

If Li Youan was a stable owner of these shops, he would certainly not be short of money, but now he is investing money everywhere.

Originally, the gray industry in the three districts of Gangnam could earn him about 3 billion won a month, and a total of 30 to 40 billion won a year.

If he could accumulate money over a long period of time, Li You would naturally not be short of money, but it has only been less than a year since he took over Jiangnan Industrial.

He owns a lot of real estate, but most of them can be acquired for a few hundred million. Those nightclubs or massage parlors, or nightclubs, game halls, and dance halls are then transferred from one hand to the other through Wu Yongzhu's operation.

But it will be some time before these land values ​​soar.

Chen Daojun was right, he really needed money.

"Since Representative Chen has said so," Li You smiled, "make an offer."

Chen Daojun was speechless for a moment, "Shouldn't it be the seller who makes the offer?"

"I want to hear Representative Chen's sincerity." Li You retorted without hesitation.

Chen Daojun was silent for a while, "20 billion."

"Fifty billion."

"30 billion." Seeing that Li You was silent, Chen Daojun raised the price a little, "400?"

"Forget it, just 50 billion." He smiled bitterly, not shy about asking for help.

Li You then spoke lazily, "How do I pay?"

"Miracle will short a stock, just like Shunyang did, and then it will flow from my right hand to President Li's left hand."

"The whole process will take five working days and will require approximately 5 billion in capital... I will provide the capital and I will control the profit above 45 billion. The remaining will be used to treat President Li to drinks."

"Representative Chen also likes to harvest retail investors?"

"Retail investors?" Chen Daojun mistakenly thought that Li You didn't like this approach. "Most of the retail investors of this stock are gamblers. President Li doesn't need to care."

"You misunderstood me, Representative Chen." Li You was just joking, "I just think Representative Chen really looks like Chairman Chen."

Chen Daojun was choked. He paused and said, "Then here is what I need President Li to help me with."

"Go ahead," Li You yawned deliberately, "you have to hurry up, I have to meet a very irritable person at noon today."

"Aunt Huarong used 30% of her shares in Shunyang Department Store as collateral and borrowed 400 billion won from Miracle to invest in stocks. At this time."

Chen Daojun looked at his watch and said, "She probably doesn't have the ability to get her shares back."

"As expected, you are Representative Chen. I think the banker behind the internet company stock that has skyrocketed and then collapsed in the market is also Representative Chen?" Li You laughed.

"You see, Chen Huarong is not like Chairman Chen. You are all bankers harvesting retail investors, but she is just a retail investor with so much money to be harvested."

"Now Shunyang Department Store is in my hands. Aunt Huarong only has Shunyang Hotel and Shunyang Golf. She has lost the qualification to compete for Shunyang."

Chen Daojun said coldly, "She should just be Mayor Cui's wife in the future, which is exactly what my uncle wants."

"You and your uncles have a good understanding of each other," Li You smiled, "Kick out the weakest ones first, and then the strong ones will duel."

"Second uncle is nothing," Chen Daojun looked down on Chen Dongji.

"He has been polished by grandpa and has lost all his edge. The focus is my cousin Chen Yijun, but as long as I can strangle my second uncle, she will no longer be a threat."

(End of this chapter)