Samsung's hospitality was excellent, as always.

Lee Jae-yong accompanied Chen Yiran on a tour of their chip foundry. The two parties finalized the chip contract; Aurora Group placed a massive order, demanding Samsung maximize its production capacity, as the demand for chips and memory is virtually unlimited in the short term.

Three days later, Chen Yiran and Lee Jae-yong were having dinner at a private club. While drinking cola, Chen Yiran said, "Once we've settled these more urgent matters, we can discuss the less urgent ones."

Lee Jae-yong put down his chopsticks and said, "Is it a problem with OneUI? Or is it a problem with China's Surge? Both systems are developing very well right now. As long as things continue to develop as they are, Google's Android market share can be suppressed to below 10% within two years."

"That's not it. What I meant was, Girls' Generation is releasing a new song right now? Yoona can't come and keep me company, right? Oh well, I'm not really that interested in girl groups anyway. Sigh, if only there were some young, beautiful, and charismatic future actresses who haven't debuted yet could teach me Korean."

Lee Jae-yong paused for a moment, then a knowing smile appeared on his face: "Don't worry, I'll find you a patient person to teach you Korean properly."

Chen Yiran nodded, looked at the sensible Lee Jae-yong, and smiled as she took out a document from her bag: "That's a good thing, we're friends, so I think you need to know these things."

Lee Jae-yong took the document and glanced at it. He immediately felt a little flustered, but he didn't show it on his face and said, "Thank you for reminding me. I am of course aware that Elliott is a major shareholder of Samsung C&T, a subsidiary of Samsung. I believe they will not pose too much of a threat to us."

Chen Yiran smiled and took a sip of tofu soup without saying anything.

After a moment of silence, Lee Jae-yong couldn't hold back any longer and tentatively asked, "What's your intention in showing me this?"

Chen Yiran didn't speak, but took out another document from his bag and handed it over. He then introduced, "I believe you have some knowledge of Elliott and know that they are vultures who specialize in finding sovereign defaulted bonds to leverage governments and prevent those governments from restructuring their debts."

After all, they've been making the news a lot lately, with various lawsuits against Argentina in the United States. In February, Argentina's appeal was just rejected, and now they are required to pay a one-time sum of $14 billion. Argentina had no choice but to bow down and negotiate.

Elliott is not entirely opposed to Argentina's debt restructuring, after all, if all debts were pursued, Argentina would face a principal debt of up to $430 billion, which is impossible.

I estimate the two sides will drag this out for a few more years, until Argentina finally backs down and scrapes together money to pay off Elliott's debts, probably several billion US dollars.

Lee Jae-yong nodded: "So their business isn't doing too well right now, which is why they suddenly turned against us?"

"I don't think it's good. Look at this information I gave you; it's all internal Elliott information. They also want to transform. This current approach is outdated."

First, the time cost is too high. This debt was acquired by Elliott in 2001, and they're still pursuing it after all these years. Furthermore, they need to pursue the debt globally, resulting in astronomical legal fees.

The backlash on politics and reputation is also severe. Look at this time, when they asked Ghana to seize the Argentine warship Freedom, it was ultimately ruled by the International Tribunal for the Law of the Sea that it had to be released.

To put it bluntly, most people tend to sympathize more with the weak. They don't care whether Argentina owes money or not; they just think it's all the fault of capital.

In short, this strategy of buying up defaulted bonds at rock-bottom prices is outdated, and they are seeking a new direction. Look at Samsung; doesn't it seem like a good direction for such a shift?

Lee Jae-yong wasn't stupid. Although Chen Yiran didn't say it, he already knew what Chen Yiran meant. A while ago, there were some rumors about Aurora Group, but they pretended not to hear them. Now it seems they can't avoid it anymore.

If the Li family is more self-aware, it seems Chen Yiran can resolve Elliott's problem. However, if the Li family is not self-aware, then Chen Yiran might very well add fuel to the fire and kick them while they're down.

If it were Lee Geon-hee sitting here, he might be even more assertive.

But the person sitting here is Lee Jae-yong, who knows very well that although he has effectively taken over the family business, the issue of shareholding will still be very troublesome after his father passes away.

Seeing the change in Lee Jae-yong's expression, Chen Yiran launched into another intimidation: "I know what you're thinking. You probably want Cheil Industries to acquire Samsung C&T at a low price? It's not that simple. Even if you manage to persuade the South Korean leadership, the United States won't let you infringe on the interests of American shareholders."

Lee Jae-yong was genuinely shocked this time, and sweat immediately broke out on his brow.

The Samsung Group is complex, but if we simplify it, the most important part is Samsung Electronics, which accounts for half of the entire group.

The Lee family controls Samsung Electronics primarily through several subsidiaries, in addition to holding some shares themselves.

The most important of these are Cheil Industries, Samsung C&T, and Samsung Life Insurance.

Samsung Electronics' second-largest shareholder is Samsung Life Insurance, whose largest shareholders are Lee Kun-hee and Cheil Industries. Cheil Industries' largest shareholder is Lee Jae-yong.

Therefore, both Cheil Industries and Samsung Life Insurance are now firmly under Lee Jae-yong's control.

However, its control over Samsung C&T is quite weak.

The Lee family's method was to secretly undermine Samsung C&T's performance, drastically reduce its value, and then acquire it through Cheil Industries.

However, this would obviously harm the interests of Samsung C&T's existing shareholders.

Lee Jae-yong wiped his sweat and asked, "We did it very discreetly, how did you find out?"

Chen Yiran pretended to be profound and said, "You think you're being discreet? In reality, you only have a few options. Several hedge funds in the United States know this very well. They're all waiting for you to actually make a move so they can come and sue you."

Even if Samsung C&T's own business is bad, it still holds shares in Samsung Electronics. With Samsung's stock price skyrocketing, the final price will still be beyond Cheil Industries' budget. The only option is to work with the South Korean government to get the National Pension Service to support a low-price acquisition.

Do you think those hedge funds that have already secretly built up positions will ignore this behavior? They will definitely lobby the US government to intervene directly. Don't think the South Korean government can withstand the pressure.

While I do think you Koreans can be very patriotic and have a lot of self-respect at times, do you know what it means to have a strong voice? Of course, you can say that this strategy is to prevent foreign capital from interfering with Samsung's board of directors.

But the US is capable of overturning the table and imposing a sales ban on you directly. Believe me, it's not impossible. Wall Street capital can seize Argentine warships for money, and of course, it can also make it impossible for Samsung to operate in the US for money.

At that point, all I can say is sorry. I will completely decouple Apple and Aurora Group from you. We'll talk again once Samsung has stabilized.

My guess is that the final outcome will be that your government can't withstand the pressure and resigns, then your case will be investigated, and you'll be sentenced. Of course, with some exchange of favors, you might avoid jail time.

Lee Jae-yong knew that Elliott was no good, but Chen Yiran wasn't a good person either. Now this was almost a blatant threat, but he seemed to have no other choice.

After a moment of silence, he asked, "If you can help us solve the problems in the United States, or if you can buy back all the Samsung shares they hold, especially those in Samsung C&T, I need your support to facilitate a low-price acquisition of Cheil Industries. After that, I will bring you onto the board of directors of Samsung Electronics."

In exchange, I hope Samsung will also invest in Aurora Group, with a share swap, so that Samsung can also have a place in Aurora Group.

Chen Yiran smiled: "Don't worry, my idea has always been to unite all forces that can be united."

"Can you handle Elliott? And what about other American capital?"

"First of all, I was just kidding. Actually, it's only Elliott that's keeping an eye on you. Secondly, I have connections with both Republicans and Democrats. Bain Capital and Elliott are very close. Having them handle the communication can get things done."

Lee Jae-yong felt a little helpless and wanted to stand up and rebuke them, but in the end he didn't dare.

Afterwards, Lee Jae-yong channeled his grief and anger into drinking, starting to drink heavily by himself and then frantically urging others to drink more. Chen Yiran responded with cola and almost didn't finish his drink.

That evening, in a villa in Jiangnan, Chen Yiran lay lazily on the bed. A short while later, the bodyguards at the door let in two girls.

One was a little shy, while the other looked around the luxurious facilities inside the villa with great curiosity.

Chen Yiran looked up and saw that they all looked familiar. She took a closer look.

Ah, isn't this Yeonjin?! Actress Lim Ji-yeon in her younger days looks perfectly normal, not crazy at all.

Another one, this isn't Jeon Jong-seo whose buttocks later swelled up dramatically; her figure looks normal now.

The two clearly had no idea who they were there to see, and were quite surprised when they saw Chen Yiran. Chen Yiran is extremely popular in China, Japan, and South Korea, and appears on various variety shows almost year-round.

Chen Yiran originally thought that since there was a language barrier and communication difficulties, she could simply learn Korean.

Unexpectedly, Lin Zhiyan, a senior at an art university, had terrible English, but Quan Zhongrui, who grew up in Canada, had no problem communicating in English. He immediately asked Chen Yiran if she knew how much money she had.

Chen Yiran was too lazy to do the calculations and went straight into teaching Korean.

Unexpectedly, the seemingly honest Lim Ji-yeon is actually quite crazy. On the contrary, Jeon Jong-seo, who also seems a bit crazy, was clearly very shy during her first time teaching.

-------Let's omit a few million words---------

After that, Chen Yiran did not stay in South Korea for long. A week later, she took Jeon Jong-seo and flew to Guizhou, China.

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