Peninsula: I, a chaebol! I will never follow hidden rules.

Chapter 226 Xuanyao's Billion Subsidy [Two-in-One, Please Subscribe]

You little bastard! You little bastard! You are such an inhuman little bastard!
Early in the morning, Lin's father woke up in anger because he dreamed that Lin Yoona was dumped by Li Zhixuan while she was pregnant.

But why would he have such a dream for no reason? Of course it wasn't for no reason.

This story has to start from last night.

Frankly speaking, Father Lin's first impression of Li Zhixuan last night was quite good. The young man was handsome, well-mannered, and gentle, without the overbearing air of a second-generation leader.

but!

You can only know a person’s appearance but not his heart. Who knows if he is pretending?

So, Lin's father used the strategy of drinking.

He originally wanted to let Li Zhixuan show his true colors after drinking, but as he drank, he found that Li Zhixuan was not bragging. This guy really has a huge capacity for drinking.

Since he couldn't get Li Zhixuan drunk, Lin's father simply changed his mind and pretended to be drunk!
He just wanted to see what would happen between Li Zhixuan and Lin Yuna after he and Min Jae-sung were both drunk. They couldn't just continue pretending to be ordinary friends, right?

Of course, whether it was getting Li Zhixuan drunk or pretending to be drunk, this required Min Zaicheng's cooperation. Fortunately, they had been friends for 20 or 30 years, so they still had some tacit understanding. With just a glance from Lin's father, Min Zaicheng knew to cooperate.

Then, they both fell drunk. Unexpectedly, Li Zhixuan also fell to the ground.

Just when Lin's father and the other two were wondering what tricks Li Zhixuan was playing, Lin Yuner came out of the kitchen. Then, Lin's father found that his pretending to be drunk did not fool his little daughter.

Soon, he also discovered that Li Zhixuan also knew that he was pretending to be drunk!
Next, the most annoying thing happened.

Li Zhixuan clearly knew that Lin's father and the other man were pretending to be drunk, but he still "forced and acted unreasonably" towards Lin Yuna!
At that time, Father Lin was leaning against the door with his ear tilted and listening!
Hearing with his own ears that Li Zhixuan had abducted his little daughter into his little daughter's room, Father Lin was so angry that he gnashed his teeth! He cursed the little beast in his heart again and again!
If he wasn't afraid of embarrassing Yoona, he would definitely rush out and fight Li Zhixuan!
In this situation, how could Father Lin sleep? It wasn't until one or two o'clock in the morning that he finally fell asleep.

Then before seven in the morning, he had another dream and woke up in anger.

Although it was just a dream, it also reflected the worries in Lin's father's heart.

The question now is, how to manage it?

Last night, he deliberately revealed Li Zhixuan's identity and treated him with such respect. What was his reason? Was he being a jerk? Did he love to bow to others so much? Wasn't he just doing it to show his daughter? He was just reminding Lin Yuner: The Lin family and the Li family are not a good match. You two are not suitable!
But his reminders were completely in vain.

After sighing heavily, Father Lin went to wash up with a heavy heart, changed his clothes, and then walked out of the bedroom with heavy steps.

At the same time, Li Zhixuan and Min Zaicheng had just sat down on the sofa in the living room.

"Uncle Min, I heard that after Coupang's new president took office, he first laid off a bunch of people in the logistics department, then cut salaries and reduced benefits? At the same time, he gave the company's white-collar workers a raise and improved benefits? Is this true?"

Facing Li Zhixuan's doubts, Min Zaicheng smiled bitterly and asked, "You think it's unbelievable?"

"It's not unbelievable." Li Zhixuan waved his hand. "It's unbelievable and unbelievable. The company is in trouble, and layoffs are not impossible, but you can't just lay the hands on the people working on the front lines, right?

And since the goal is to reduce costs and increase efficiency, everyone should be treated equally. How can you only cut the salaries and benefits of frontline employees while increasing the salaries and benefits of those who work in the office?

Isn't this courting death? Doesn't this new CEO think that just by typing away in the office, the goods will fly to the customer's hands? "

"Haha! You're right, this is courting death."

"So Jin Fanxi can't see that? He doesn't care? What's his intention? Does he think Coupang's value is too high?"

Kim Beom-seo is the founder of Coupang, as well as its first shareholder and chairman.

How could a normal company have such a problem? Did Kim Beom-seo, the boss, just watch Coupang go down the path of collapse?

Li Zhixuan didn't understand, but Min Zaicheng was once a senior executive of Coupang, and he had just resigned not long ago, so he still knew some inside information.

"If you carefully examine Coupang's current equity structure and organizational structure, you will understand that Kim Beom-seo has been sidelined.

The new president is causing trouble in order to help his boss ruin Coupang's reputation and performance, reduce its value, and buy out Kim Beom-sik's shares at a low price.

However, these are just my guesses, and they may have other purposes.”

Good guy!
Li Zhixuan's eyes widened unconsciously, a look of astonishment. Although Coupang hadn't yet gone public, the investment community generally recognized its value as exceeding $1 billion.

Such a huge company, and the founder, largest shareholder, and chairman, Jin Fanxi, was sidelined just like that? The company was sidelined before it even went public. What the hell is going on?
Seeing Li Zhixuan's surprised expression, Min Zaicheng sighed inwardly, then said respectfully, "I have a suggestion for you, do you want to hear it?"

"You say."

"If you want to achieve great things, don't trust anyone. Brothers, friends..."

At this point, Min Zaicheng paused, glanced in the direction of the kitchen, then leaned closer to Li Zhixuan and continued in a low voice, "Even the person next to you, don't trust them completely. No one can guess the human heart."

To be honest, Li Zhixuan believed in Lin Yuna from the bottom of his heart, but he had to admit that what Min Jaecheng said made sense.

At the very least, the other person said this for his own good, so he couldn't be ungrateful and think that the other person was trying to sow discord between him and his wife, so he immediately expressed his gratitude.

After finishing his work, Li Zhixuan got down to business. "I want to establish an e-commerce shopping platform with strict quality assurance, a rich product range, and an independent logistics and transportation system. The initial capital is 50 billion South Korean won. I would like to ask you to be the president of this company. I wonder if you are willing to help me with this?"

As he spoke, Li Zhixuan stood up and bowed to Min Zaicheng very formally, which was quite like a local lord in ancient troubled times asking a master to come out of seclusion for his assistance.

Seeing the Third Young Master of the Li Family being so respectful and courteous, Min Zaicheng did not dare to be arrogant. He quickly stood up and returned the greeting, then said:

"Fifty billion is enough. Coupang's first investment was only two million US dollars, which is just over two billion South Korean won.

However, have you thought about what products you want to sell on this platform? Or, what products do you want to use to open up the market?
After all, this isn't the same as it was five years ago when Coupang was first founded. Back then, there were no more than five major shopping websites in South Korea, but now I can easily name ten. The situation isn't going away so easily.

Basically, every website has its own focus, whether it is clothing, mother and baby, or beauty.

With a main direction, you will naturally attract a group of specific users, and then you can rely on these users' shopping experience to promote the corresponding platform.

Therefore, if Li Zhixuan wants to set up a shopping platform, he should also have a main product category.

"I've already decided that our platform will initially focus on 3C digital products. In addition, I'm planning two promotions: one is to trade in old products for new ones, and the other is to offer billion yuan in subsidies. The main focus is on genuine products at low prices, and we must ensure the lowest prices on the entire platform."

"Hundreds of billions in subsidies?"

The old-for-new exchange program isn't new; it's simply a way to buy used products for cash. But the "100 billion subsidy" concept was new to Min Jae-sung. "It literally means the platform is providing 100 billion South Korean won to subsidize customers, allowing them to get genuine products at the lowest possible prices."

Nowadays, the frequency of updates and replacements of electronic digital products is getting faster and faster, especially mobile phones, tablets, and laptops.

New products are always attractive, but how can ordinary people afford to upgrade their products every year?
If I offer a trade-in program and a 100 billion yuan subsidy, allowing them to get the new generation of products at a super low price, do you think they will be tempted?"

"Of course, who doesn't want to use new products all the time?"

Min Zaicheng had already understood that the so-called "hundreds of billions in subsidies" were simply an old marketing tactic of attracting customers with low-priced goods. However, Li Zhixuan had given this old tactic a new twist. The so-called "hundreds of billions" was nothing more than a gimmick to attract people.

But Min Zaicheng did not dare to underestimate this "gimmick" at all, because he had a hunch that this "gimmick" could help the shopping platform created by Li Zhixuan quickly open up the situation.

So he immediately said, "Your idea is good. Please write me a complete plan."

"Ah?" Li Zhixuan was stunned. Does the boss need to write a plan?

Facing his puzzled expression, Min Zaicheng gave him a strange look: "What? Didn't you ask me to be the president? The president's words don't work?"

Could Li Zhixuan say no? What if Min Zaicheng quit after he finished speaking?
Therefore, Li Zhixuan just smiled helplessly and nodded: "Okay, it works, I will give you the plan tomorrow."

Seeing this, Min Zaicheng bowed formally to Li Zhixuan again: "Okay, I will also write a report on some of my ideas today and try to give it to you tomorrow."

"Okay, let's sit down and talk."

"Yes." As soon as he sat down, Min Zaicheng suddenly remembered something: "By the way, have you thought of a name for the company?"

"Xuan Xiao."

Li Zhixuan gave the answer without any hesitation or thinking, and Min Zaicheng was immediately stunned when he heard these two words.

"Xuan Xiao? What do you mean?"

"You know Xingji Entertainment, right?"

"of course I know."

"Do you know what Xingji means?"

"Uh... don't you mean years?"

"That's just one of its meanings. It also refers to the name of a constellation. The first of the twelve constellations in ancient China was Xingji, and the second was Xuanxiao."

"Oh!" Min Zaicheng felt suddenly enlightened, and immediately flattered him: "The Third Young Master is very knowledgeable!"

"That's nothing." Li Zhixuan smiled modestly, and then continued, "When we register the company, we need to register four: Xuanyao Commerce, Xuanyao Logistics, Xuanyao Technology, and Xuanyao Finance."

Commerce corresponds to shopping platforms, logistics, as the name suggests, corresponds to logistics companies, and finance corresponds to online payments, but what does this technology correspond to?
Min Zaicheng was a little confused, so he asked directly, "What is the main business of Xuanyao Technology?"

“Cloud computing, big data, and artificial intelligence.”

These concepts weren't very common at that point in time, so Min Zaicheng felt that Li Zhixuan was very ambitious and had a long-term vision. Then, he felt that following this boss seemed to have a bright future.

"Yes! I understand."

"You got up so early in the morning and just sit here. What do you understand?"

As soon as Min Zaicheng finished speaking, a dissatisfied voice came from behind him. It was Lin's father.

And everyone could hear that Father Lin was speaking indirectly.

As for why he was like this, the others knew it very well, so Min Zaicheng just smiled and said nothing, while Li Zhixuan stood up and bowed to Lin's father: "Good morning, Uncle Lin!"

Seeing this, Father Lin immediately bowed deeply to Li Zhixuan respectfully: "Third Young Master, good morning."

In response, Li Zhixuan hurried over and helped Lin's father up.

"You are my elder, please don't bow to me anymore. And just call me Zhixuan, don't call me Third Young Master. It smells like feudal remnants and is so awkward."

This little bastard is really good at pretending!
Father Lin cursed in his heart, but on the surface he gently pushed Li Zhixuan's hand away, bent his waist and said with a smile: "I dare not, I dare not."

If Lin Yuna saw this, she would feel upset again.

So, Li Zhixuan immediately leaned over to Lin's father and whispered in his ear, "Do you dare to do the same? What do you think? Yuner is my woman, and this cannot be changed. She is the Third Young Master's woman. Will you have to bow to her when you see her later?"

After saying that, Li Zhixuan quickly took a step back: "You two elders chat, I'm going to help Yuner make breakfast."

Seeing the "little beast" running to the kitchen, Father Lin sat on the sofa with a grim face.

Seeing that his face was too ugly, Min Zaicheng quickly comforted him, "Okay, senior, things have come to this point, there is no point in feeling awkward. Besides, I don't think the Third Young Master is a bad person, and Yuner is not stupid. They must be together willingly. Even if they really can't make it to the end in the future, Yuner will not suffer any loss.

Hearing this, Father Lin sneered and said, "She's not your daughter, so of course you can let it go."

In response to this, Min Zaicheng sighed helplessly: "Alas! I also want a daughter, but the three children I gave birth to are all sons. There is nothing I can do."

I gave birth to three sons! All sons?!
Generally speaking, South Korean society still favors boys over girls, especially those over a certain age.

Therefore, as the father of two daughters, Mr. Lin couldn't bear to hear Min Zaicheng's words. They were too harsh!

"Are you showing off to me?"

"Don't dare."

"Don't dare?! That means you really want to do that!"

"..." "How about you beat me up to vent your anger?"

(End of this chapter)