Korean TV series: King of Peninsula 1997

Chapter 141: Borrowing the Wind
"Of course," Yin Xuezheng looked at his watch, "This is my major after all."

He stood up and said goodbye, "I have something else to do next, so I won't continue chatting with Vice President Nim."

"Go ahead," Li You saw him out the door. Yin Xuezheng walked out of the office and walked along the corridor to the elevator door.

Li You watched him press the button for the ordinary elevator. Yin Xuezheng looked back at Li You, bowed slightly, and his attitude was humble and polite.

Li You smiled back and nodded in thanks.

Returning to the office, Li You sat down at his desk and fiddled with his lighter.

It’s great to have top investors come to you on their own.

There is always a group of geniuses standing at the forefront of the times, and Yin Xuezhen, whom Li You just met, is just one of them.

And he is a selfish genius. Li You raised his hand and pressed the button on the desk, which connected to the secretary's room separately set aside in the office.

Soon An Shangjiu came over with big strides, "President."

"Go out for a while."

Li Youxian handed the two documents to An Shangjiu and said, "Take them back and show them to Lawyer Zheng."

Since Li You's business has been growing bigger and bigger, Zheng Jinzi, a lawyer with outstanding working ability, has also made his law firm bigger and bigger.

He put on the clothes hanging on the rack without buttoning them up, and left the collar of his shirt slightly open, revealing just the right amount of casualness.

An Shangjiu hurriedly walked in front, pressed the elevator button, and stretched out his hands to protect the elevator doors on both sides.

After Li You came in, he let go of his hand and pressed the button for the parking lot at Basement 1.

The air in the underground parking lot was filled with a mixture of gasoline and motor oil.

There are neatly arranged white lines all around, and emergency buttons are installed at regular intervals on the wall.

Various vehicles were parked silently, their shells showing a cold metallic luster under the light.

An Shangjiu started the car, and the headlights swept across the rows of silent cars like two inquiring eyes.

"President, this trip is to go..."

"SM Entertainment, have you heard of it?" Li You glanced at An Shangjiu who was standing on the side.

An Sang-gu nodded, "It's an entertainment company invested by the chairman, and the president is now Lee Soo-man."

"This time I'm going to let him invest in Kinmen Group," Li You thought, "but Lee Soo Man probably doesn't have much money on hand right now, so I'll try to get him to exchange his SM Entertainment shares for Kinmen Entertainment shares."

An Shangjiu thought for two seconds, "President, how many shares do you need to replace him with?"

His thinking was very clear. Since Lee Soo Man didn't have much money, and Lee Woo still asked this person to invest, it could only be that Lee Woo himself wanted shares in SM Entertainment.

"Two percent is enough," Li You waved his hand. "His company can now exchange two percent for one percent of Golden Gate Entertainment. He has already made a profit."

"Of course if he wants to change more, I have no objection."

An Shangjiu nodded, not quite understanding.

The car drove out, and the sound of tires rolling over the ground echoed in the empty space, breaking the silence.

The distance between the Kinmen Group headquarters and SM Entertainment is not far. They are in the same district and it only takes ten minutes to drive there because the traffic is slow.

It was a little after ten in the morning. The sun was shining on the small building of SM Entertainment. The glass windows reflected the light like spotlights on the stage, adding a bit of star aura to this ordinary building.

The street outside the small building was crowded with people. The security guard standing at the door had a blank expression on his face, but he had the ability to recognize fans and visitors at a glance.

When Li You's car drove nearby, all the members of a boy band were preparing to enter through the gate. The exit was surrounded by eagerly waiting fans, their eyes filled with excitement and anticipation.

The fans held their cheering items tightly in their hands and waved them continuously, while screams and flash lights intertwined into a fanatical picture.

Faced with this sudden cheer, some members of the boy band smiled and remained calm; others were a little shy, lowered their heads and walked quickly past.

Girl groups are not very popular now, and the ones that hang out around are male artists.

The black car drove to the railing of the underground parking lot and rolled down the front windows. An Shangjiu explained to the security guard, "We are from the Golden Gate Group and we are here to discuss something with Producer Li."

In order to prevent fanatical fans offline, SM Entertainment's security personnel took a look at the golden badge on An Sang-gu's chest, simply recorded the license plate number and let him pass.

Kinmen Group’s cars have come many times, but it was not this one before. Before that, Yoon Hyun-woo drove another Kinmen car to represent Li You.

The two went up to the fifth floor indicated on the elevator sign, which was also the floor where the chief producer's office was located.

Passing through the glass door, what comes into view is a simple yet modern reception area. The black marble floor is polished so that it can reflect people's shadows, and hanging on the walls of the corridor are huge posters of the company's artists.

SM seemed to have receptionists on every floor. The receptionist standing in front of the counter came over and noticed the badges on the two men's chests.

Although she was puzzled as to why it wasn't the handsome guy who came before, she still put on a smile and said, "The chief producer is now in the practice room on the third floor. You two can wait in the reception room. I will go and notify the chief producer."

Li You nodded and followed her to the reception room and sat down.

An Shangjiu looked around and exclaimed, "President, I didn't expect that this building doesn't look that good. The decoration inside is really nice."

Li You smiled and said, "This entertainment company will be the leader of Hallyu in the future."

Although he didn't know why Li You was so sure, An Sangjiu kept this sentence in mind and prepared to go back and study more about this mediocre entertainment company.

The door of the reception room was pushed open, and Lee Soo Man walked in with a smile, leading a young girl. When he saw Lee You just as he was about to speak, his mouth trembled. "Why did Vice President Nim come in person?" He walked forward quickly, lowered his head and stretched out his hand, "I'm very sorry that I couldn't greet you in person."

Lee Soo Man's heart was beating fast. He knew about Jang Shou-gi's affairs and he even attended his funeral a few days ago.

Although no news has been released about what happened, he is definitely related to Li You.

Otherwise, why does he hold 49% of his shares now? Half of them were originally held by Zhang Shouji.

Li You chuckled and shook his hand. "I came here today to talk to Producer Li about investment."

Lee Soo Man nodded repeatedly and waved the girl to go out first, "BoAh, you go back to practice first."

Li You naturally did not stop them. The two of them sat down in the reception room, and An Shangjiu stood respectfully behind Li You.

"Vice President Nim," Lee Soo Man smiled stiffly, "I don't know why you came here today..."

"Producer Li should also know that the Kinmen Group is now in the process of integrating its resources," Li You looked at him, "I would like to invite Producer Li to invest in the Kinmen Group."

“At the same time, we want to promote mutual shareholding between Golden Gate Entertainment and SM Entertainment, and achieve win-win cooperation.”

Li You stared at him, "Producer Li wanted to rely on Zhang Shouji to protect SM Entertainment. Now that you are sitting in Jinmen's car, I can guarantee that you will have the greatest authority in SM Entertainment."

"To show my sincerity, I can accept that my shares in SM Entertainment will be diluted after the listing."

Lee Soo-man hesitated for a moment. After all, the conditions offered by Lee Woo were attractive enough, and he had previously stated that he would not interfere in the company's operations.

"Vice President," he gritted his teeth, "I can only offer about 5% of the shares at most."

Lee Soo Man gave a bitter smile and said, “After the vice chairman got the shares from Jang Jang Soo Gi, I am no longer the largest shareholder.”

"Five percent..." Li You narrowed his eyes, "What about the cash?"

"Counting the recent profits and investments," Lee Soo Man spread out his hands, "the current funds are less than 2 billion, and a lot of this is left over from Zhang Shouji's investment at that time."

Li You thought about it and said, "I will ask Xuanyou to bring the contract and 1 billion in cash later."

He stood up and said, "It's considered an investment for Producer Li. Two billion will be invested in Kinmen Group. With the share investment, I can get about 1% of Kinmen Group's shares. If it's Kinmen Entertainment, I can get more."

“That money will be earned back quickly.”

Lee Soo Man nodded, but there seemed to be a hint of barely perceptible hesitation in his expression.

The 1 billion yuan naturally did not come from Li You himself. It was easy for him to withdraw 1 billion yuan in cash from Jiangnan Industrial.

Including Shi Dongchu and Ding Qing, everyone is doing this, using their previous black money to find investors, put people on the board of directors, and increase their own voice.

Li You went out and stood in front of the elevator, with Lee Soo Man following beside him.

"Producer Li," Li You looked at the elevator that was about to arrive, "Is the company planning to launch an artist group recently?"

Lee Soo Man scratched his head and said, "Next year there will be a singer who will debut as a solo artist, the one I just mentioned."

"That little girl?" Li You raised his eyebrows.

"Yes," Lee Soo Man's face wrinkled with a smile, "This is a rough jade that is about to be carved into shape. She will be the best singer I have ever seen."

He sighed, "It's also because I'm too strict. Many artists who have reached the debut standards in other companies, I ask them to continue practicing until I am satisfied."

"Slow work produces fine work, Producer Li," Li You walked into the elevator. An Shangjiu pressed the elevator door open button and waited for Li You to speak.

Lee Soo Man nodded repeatedly and listened carefully to Lee You's inspirational words.

"Isn't your method the same as SM Entertainment's opening idea? I decided to invest in you because I think you can make money with this method."

The elevator door slowly closed and went down. Lee Soo-man shook his head helplessly. He didn't know how long it would take to turn SM into the artist factory of his dreams. However, this Vice Chairman Lee was more confident than himself.

However, when he thought of his trainees who were currently practicing, a barely perceptible smile appeared on the corner of his mouth. Lee Soo-man had high expectations for them.

The black Bentley drove out of the parking lot. There were still many fans gathered at the door. They were still holding posters of their idols, their eyes full of longing.

"see it?"

"." An Shangjiu was a little confused. He turned his head to look out the window and scratched his leg.

"This is just a boy band with some fame," Li You smiled. "In the future, idol groups will have more fans and more public power will be at their disposal."

The power of the Korean Wave has already begun to show, and the second-generation groups after the millennium will spread this trend to the world.

The cultural industry is the backbone industry of the 21st century, according to the current President Kim Min-jung.

This year, the strategy of "building a nation based on culture" will be proposed, and some documents even appeared last year.

Building a complete set of "Korean Wave culture" is not just about developing the well-known film and television and music industries, but also includes games, e-sports, tourism and other fields.

It can not only unite the hearts of the people and heal the class divisions in Korean society caused by the financial crisis, but also resist the invasion of European and American culture.

For a country with such a short history, they couldn't be more successful in this regard in the future.

Because of this effect, a large number of fan groups have emerged. The consumption power they bring in South Korea even exceeds that of various physical industries. At the same time, the public opinion effect that artists can bring is also exaggerated.

With the help of this trend, Li You can go further.

(End of this chapter)