Korean TV series: King of Peninsula 1997

Chapter 671: Business

At this point, Jin Jianying knew that he could not delay any longer.

He gave a bitter smile, "If I say yes, will President Li give up the next action?"

Li You walked to the window and looked at the patients who were taking a breath outside the hospital. "I believe things will turn around."

Jin Jianying shook his head, "I don't believe it."

Li You turned sideways and pulled up a small part of the curtain, making the whole room darker. "If Tianxia Airlines can be handed over to me peacefully, the legitimate owner of Tianxia Group can always be the person chosen by Chairman Jin."

"on the contrary."

The changing light in the room made Jin Jianying squint slightly. He looked at Li You calmly, and was also considering this sentence in his mind.

"If we can't reach a cooperation," Li You said with regret, "then I can only continue to do things my way."

He turned around to look at the ward which had become somewhat eerie, and his eyes stayed on the turned-off surveillance camera for a while before finally looking at Jin Jianying, "I personally don't like doing this."

Li You reached out to button up his suit, and after tidying himself up a little, he nodded slightly towards Jin Jianying, "President Jin, remember to give me an answer at 6 pm."

His figure disappeared in the ward, leaving Jin Jianying sitting on the bed in a daze.

Li You went out and nodded to the prosecutors on both sides to express his gratitude, which led to their flattered return of the greetings.

"President," After walking away, Jeon Jae-jun, who was following him, was a little puzzled, "Why do you have to do this to Kim Gun-young?"

"They obviously don't have the ability to fight back."

"No ability to fight back." Li You stood in front of the elevator, watching the numbers on the elevator's small display screen change, "Maybe that's the case."

The elevator door opened, and Jin Xiya inside was stunned for a moment when she saw Li You's face. After she came to her senses, she nodded without any strange expression.

"Why are you in such a hurry, Miss Xiya?" Li You looked Jin Xiya up and down.

"Chairman Li, are you here to see my father too?" Jin Xiya frowned and skipped Li You's question.

"Of course," Li You turned his head and looked at the corridor, "Besides the prosecutor, there is only Chairman Jin's ward on this floor."

"Of course I'm here to see President Kim."

Jin Xiya forced a smile, lowered her head and walked out, giving the elevator to Li You and the others. She suddenly asked, "President, do you know Director Xu of our Tianxia Group?"

"Director Xu?" Li You smiled, "Of course."

"know."

When the elevator door closed, Jin Xiya got the exact answer and became even more anxious.

She was already upset about her mother Liu Caiyan betraying her eldest brother Jin Yongjun, and today Xu Wenzhi represented all the directors to force her to abdicate. What made her even more upset was that she was stopped at the door of the ward.

Li You had just visited Jin Jianying, but now she was stopped outside by the prosecutor, who said she had to wait for Park Tae-soo to approve her visit request.

"I submitted my visitation request an hour ago," Jin Xiya said, a little excitedly, "Did Deputy Director Park really see it?"

But the argument was fruitless, and Jin Xiya finally had to wait at the door.

Fortunately, Jin Xiya was let in not long after.

This incident did not become the last straw that broke Jin Xiya's emotions.

Jin Jianying noticed that Jin Xiya frowned as soon as she came in, "Xiya...what's wrong? Did you meet Li You again?"

"What did he say to you?"

"It's not Chairman Li." Jin Xiya was about to explain, but suddenly realized that everything seemed to be related to Li You, and she closed her mouth in embarrassment.

"Take your time," Jin Jianying sighed, realizing that her daughter's mind was in a mess.

"It's from Director Xu Wenzhi." Jin Xiya told Jin Jianying what happened today.

"Let these senior old people manage the group?" Jin Jianying sneered.

"Yes," Jin Xiya clenched her fist, "They should cooperate with Chairman Li."

"These guys are really just taking advantage of the power of others." Jin Jianying was also disgusted for a moment, "They are just a bunch of dogs barking at Li You's buttocks."

"If I don't call them dogs, I'm praising them," Jin Jianying sneered, "At least dogs that are raised are loyal to their masters. These people who joined Tianxia Group to make money have no loyalty to us. They are like wolves that can never be fed. Once we are weak, they will not stop and will keep coming to bite us."

"Dad" Jin Xiya felt guilty because she couldn't handle these things well. "I consulted the lawyer of the group's legal department before coming here. If we continue like this, this situation will indeed happen."

"No," Jin Jianying shook his head at her, "It will be even worse."

“Once there is a problem with the family, not only will Li You and the directors who have been suppressed by the family for their entire lives in the group have ideas, but also the government and even foreign capital holding forces will take action.”

"The worst scenario is undoubtedly government trusteeship, but this situation will only occur when the internal chaos is extreme and the group cannot be managed effectively." Jin Jianying said in a low voice, obviously knowing that his three children are not of one mind.

If Xu Wenzhi really wins over more than 20 directors and has Li You's support behind him, then Tianxia Group may really welcome its first vice president with a non-family name.

Otherwise, if it becomes a government trusteeship, Tianxia Group will be doomed.

At least a professional operation team headed by Xu Wenzhi can still provide countermeasures, and the government trusteeship.
Jin Jianying shook his head and began to instruct Jin Xiya, "A professional operation team can be established, but when you leave, you must bring Shengjun with you to establish a 'Jin's Supervisory Board' and review the investment report every week."

"We must also hold shares through a family trust to keep the veto power firmly in the hands of you brothers and sisters to prevent them from overstepping their authority."

Jin Jianying became more and more bitter as he spoke, and it was now clear why Li You gave him a deadline of 6 pm.

So in Jin Xiya's view, Jin Jianying simply told her what to do, but did not announce any substantive decision.

Jin Jianying didn't say anything more until Jin Xiya left.

Just everything that happened recently kept running through my mind.

From the imprisonment of his eldest son, Jin Yongjun, to the arrest of his second son, he took the blame as a dying man, and then Xu Wenzhi turned against him.
Jin Jianying looked at the empty ward and sighed.

At six o'clock in the afternoon, Li You's cell phone rang on time.

"Chairman," Park Tae-soo's voice came from the other end, "Kim Jianying wants to see you and he agreed." As a deputy prosecutor, although Park Tae-soo was only acting as a messenger, he knew very well what the message he was delivering meant.

Things are really going to change on the Korean Peninsula.

Li You was also present in the ward.

He waved to the lawyer, who opened a leather briefcase and handed him two agreements.

Li You handed two documents to Jin Jianying, "President Jin, take a look at the confidentiality agreement and the letter of intent for acquisition. If you have no objection, you can sign it."

"What can I say?" Jin Jianying smiled bitterly. "The safety of Tianxia Group now depends on Chairman Li. You are all well aware of the details of Tianxia Airlines..."

But when Jin Jianying took the agreement with a wry smile, he glanced at it twice and his expression became more and more serious. "This letter of intent to acquire..."

He originally thought that this forced sale would end with Li You asking for an exorbitant price, but he did not expect that the price Li You offered was quite appropriate.

"The letter of intent for the acquisition of 300 billion won will be paid in three years with the full amount of 1.5 trillion won."

One and a half trillion is not the market value of World Airlines, but the money used to acquire the shares of World Airlines held by Jin Jianying and World Group.

This amount is already slightly overpriced in the current market conditions.

"Chairman Li" Jin Jianying quickly figured out why Li You did this. He smiled and sighed, "He really did it in a way that left others speechless."

He watched Jin Jianying pick up the pen and sign the confidentiality agreement and letter of intent for the Golden Gate Group's acquisition of Tian Xia Airlines.

The letter of intent clearly defines the acquisition framework, price range and various terms.

After the contract is signed, Kinmen Group only needs to pay a deposit of 300 billion won to lock in the deal.

"The next step is financial audit and legal review," Li You put away the two contracts, "Does President Jin have anything to remind you?"

"What else can I remind you of?" Jin Jianying smiled sadly. "The review is nothing more than assets, liabilities, revenue and profits. Chairman Li knows those things best."

"But as the seller, Tianxia Group should hold a shareholders' meeting to approve the transfer of Tianxia Airlines' equity," Jin Jianying said, no longer looking stern. "I still hope to see Chairman Li fulfill his promise. Otherwise, with my current physical condition, I'm afraid I won't be able to hold on for much longer."

"I know," Li You waved his hands at the lawyers of both parties and sent them out. "Go and write a formal acquisition contract first."

Soon there were only two people left in the ward again.

"You sold Tianxia Airlines, but I don't think you told your little daughter?" Li You looked at Jin Jianying with a playful look, "President Jin, aren't you afraid of hurting your daughter's feelings?"

"It was fate that Tianxia Airlines fell into Chairman Li's hands," Jin Jianying said calmly. "I am old and weak, and they are young, so I am no match for Chairman Li's actions."

"Why did President Jin suddenly become more open-minded?"

"I just keep worrying about Chairman Lee's credibility."

Jin Jianying sighed lightly, "In fact, I know that Tianxia Group will be chased and attacked by various parties after I leave. I also imagined that someone would appear who could turn the tide."

"But obviously, there is no such person in Tianxia Group," Jin Jianying said calmly, "So I have begun to wonder these days what kind of Tianxia Group Chairman Li wants."

"With Chairman Li's credibility, what kind of Tianxia Group can he tolerate?"

Tianxia Group will not collapse. This is something Li You and Jin Jianying understood since they started playing chess.

After Shunyang was acquired, the number of leading companies on the peninsula once again became three, at least that's what most people think.

The stability of the triangle is what everyone wants to see, including Li You himself.

"So now President Jin has figured it out?"

"I've figured it out," Jin Jianying lowered his head and took a sip of warm water in the paper cup, "The Tianxia Group is a weak group that only knows how to make money and is no longer a threat to Kinmen."

"Seizing Tianxia Aviation, which is extremely important in the national defense industry, is the most important step for Chairman Li."

Li You also lowered his head and drank a sip of water, then said calmly, "Chairman Jin's idea is indeed good. In fact, my original intention is just that I don't want to be constrained by any company or force, including the military."

The only threat to Lee Woo on the entire Korean Peninsula is a major purge with united military and political power, but that would destroy the current economy of the Korean Peninsula.

"I know Chairman Lee doesn't want the military to stay out of this anymore," Jin Jianying smiled. "Among the three parties, the military and Chairman Lee are the only ones whose relationship is unclear."

"But Chairman Li's attempt to force the military to take sides by acquiring Tianxia Airlines won't backfire?"

"How much profit has Chairman Jin transferred to the military through Tian Xia Airlines over the years?" Li You glanced at Jin Jianying, "Why have they been unwilling to cooperate with Kinmen Security?"

As early as many years ago when Li You established Kinmen Security, the military was making excuses and resisting. If it were not for Lieutenant General Yin Jijun's efforts, the plan to establish Kinmen Security would have been stillborn.

Later, the cooperation between Kinmen security and the military, especially the army, was frequently obstructed.

"The military personnel on the Korean Peninsula always see the pros and cons very clearly," Li You said lightly, "Chairman Kim has been secretly tripping me up in the military for so many years, but I don't care, because Chairman Kim has provided so many benefits to those generals through Tianxia Airlines. I think even Chairman Kim dare not publicize those benefits. This is the benefit that Chairman Kim deserves."

"Haha..." Jin Jianying smacked his lips. "Anyway, to me, Tianxia Airlines is already someone else's son. Chairman Li doesn't need to provoke me."

"But is this the reason why President Li has been giving me opportunities and not forcing me?"

Li You looked at the old man who kept a recording of his deal with Zhao Taixie. It was hard not to wonder how much information this old man had about generals and politicians. He put away the smile on his face and said seriously, "It counts as such."

There are ways to force someone to do something, and there is no need to do so many things. After all, it is not difficult for Li You to kill Jin Jianying, the difficult part is how to deal with the aftermath.

Now that Tianxia Airlines has changed its owner openly, this will appear to be a commercial matter and no one is qualified to comment.

Not to mention that Li You offered a price that exceeded the market price.

Jin Jianying, who originally thought that he would have to sell Tianxia Airlines at a low price, suddenly didn't feel so bad.

After all, that is a real 1.5 trillion won, and the bulk of it will basically be received into the Kim family's fund.

Jin Jianying looked at Li You in front of him, the rising star of the Korean Peninsula, "Chairman Li has more courage than me, Chen Yangzhe and Zhu Rongyi."

"The three of us are either dead or dying," Jin Jianying joked to himself, "When we were blackmailed by Park Quan and the other two, we wanted to form a circle that could compete with the military and the government. Now it seems that we have to carry it forward under Chairman Li's leadership."

(End of this chapter)