~Date:~October 22~

"Master Fang, can you give us more details about the proposal you mentioned last time? And I'm curious, why did you choose Samsung Group at this time? Instead of procrastinating any longer? Or maybe investing in South Korea?

Other group companies?" Li Jianxi looked directly into Fang Mingyuan's eyes and said in a deep voice.

Although today is only the second day of the three days mentioned by Fang Mingyuan, Li Jianxi feels that South Korea's economic situation cannot allow him to delay any longer!

You know, even if he and Fang Mingyuan reach a consensus, it will still take a long time for everything to be implemented in the contract and officially executed. The Korean government also has many restrictions on foreign investment entering Korean enterprises.

Obstacles, even in the current financial crisis, this situation has not been fundamentally resolved! As one of South Korea's largest conglomerates, Samsung Group can be said to influence the whole body in many fields! Even Li

Jianxi nodded and agreed to the entry of Fang Capital, and it was not possible to reach an agreement casually!

However, the current financial situation in South Korea makes Li Jianxi feel as if there is an abyss ahead. In the South Korean financial market today, the Korean won fell sharply against the US dollar again, setting a new historical record, reaching 1,800.

At 23.78 to one U.S. dollar, the Korean stock market also fell 1.7 percent! And today, as of now, the South Korean won continues to fall and has reached 1,985.6

Three to one U.S. dollar, Li Jianxi has no doubt that today the exchange rate of Korean won to U.S. dollar will exceed 2,000 won!

Although the South Korean government has been working hard to prevent the exchange rate from falling sharply, they have limited foreign exchange reserves and are often unable to do so! The Korean government and the International Monetary Fund have been slow to do so.

Reaching a consensus also made Li Jianxi feel a little more vigilant!

Many of the requests made by the International Monetary Fund to the Korean government are things that Americans have always wanted but have not gotten. But this time, when the Korean economy is in trouble, it also uses international currency.

The IMF, an international organization in which the United States and its allies hold a major position, is bound to enter the Korean market in a big way!

Regarding this point, many knowledgeable people in South Korea's economic circles have already seen it. But after seeing it, they have no clue how to solve it. Unless they can make up their minds and sit back and watch South Korea suffer from this financial crisis.

Otherwise, even if they know that 99% of the "prescription" prescribed by the International Monetary Fund is poison, they will have no choice but to bite the bullet and take it.

News from the South Korean government. The South Korean government has tentatively reached an agreement with representatives of the International Monetary Fund on some terms. The International Monetary Fund will borrow US$3 billion from the South Korean government in the near future. However, the US$3 billion is

For today's South Korea, it is nothing more than a drop in the bucket! It is simply impossible to effectively contain South Korea's current financial crisis!

Of course, it is impossible to give all of these three billion US dollars to Samsung Group. And even if all of them are given to Samsung Group, it will not be able to re-establish investors' confidence in Samsung Group! The debt is 370%.

If the Samsung Group wants to re-establish investor confidence, it will need at least nearly 10 billion US dollars in funding sources!

Li Jianxi knew very well that as South Korea's Samsung Group, which is currently in relatively good operating conditions, would inevitably become the target of European and American capital. He sadly discovered that the fate of Samsung Group could no longer be determined by the Lee family.

All that can be done is whether to hand over the shares of Samsung Group to Fang Mingyuan from China, or to the European and American capital that will arrive in the future!

In Li Jianxi's mind, if he had to choose one between the two, he would rather choose Fang Mingyuan. After all, the Fang family is an emerging family in an emerging market. In Li Jianxi's view, there is a possibility of making mistakes in the future.

Sex far exceeds the capital of those in Europe and America who eat people without spitting out their bones! The Lee family is more likely to turn Samsung Group into a family business again!

However, does Fang Mingyuan have the financial and operating capabilities? Will he unreasonably interfere with Li Jianxi's management of Samsung Group after buying a stake in Samsung Group? Or will he bring the bad habits of Chinese enterprises into Samsung Group? If Fang Mingyuan becomes a shareholder,

What benefits can Samsung Group bring to the group? Before this series of problems are solved, Li Jianxi still has difficulty making a decision. So this time, Li Jianxi came to hear in detail the feasibility of Fang Mingyuan's plan!

Fang Mingyuan smiled and said: "President Li, you are right. This financial crisis in South Korea will cause at least half of these group companies in your country to collapse! I can definitely wait until the financial crisis has maximized its harm.

Acquire companies in your country, so that I can save a lot of acquisition funds! The reason why I don't do that is naturally because I have my own ideas! "I'm not afraid that you have many questions, but I'm afraid that you are not interested in anything!

"Want to hear the details!" Li Jianxi said seriously.

"This financial crisis is no longer just a financial crisis in Southeast Asia, nor is it just a financial crisis in East Asia. It is transforming into a global financial crisis! And South Korea is just one of the countries affected by this financial crisis.

It’s just a corner♀The impact of a financial crisis will not subside until at least 1999 to 2000, and the world economy will get back on track! If I want to pursue the result of maximizing interests, at least it will take until

This time next year, I will come back to acquire companies in your country. Of course, this is only the best time in theory. In reality, there are competitors from developed countries in Europe and the United States. It is impossible for me to wait until that time!" Fang said.

Ming Yuan Road.

Li Jianxi and Millington both nodded slightly, expressing their basic approval of Fang Mingyuan's view!

"However, now that I propose to invest in Samsung Group, as Chairman Lee said, the timing is a bit early. I can wait until February next year before formally making this proposal. By that time, Chairman Lee must have already

Because Samsung Group is in dire straits due to its huge debt, there will be no resistance to the funds that can relieve Samsung Group's urgent needs!" said Fang Mingyuan.

Li Jianxi asked curiously: "You are right. If it were that time, I would indeed have a more urgent need for funds than now! You will also get greater benefits! Why did Mr. Fang give up?

Woolen cloth?"

"The reason is very simple. First, by that time, Samsung Group's original development plan has been completely disrupted. By that time, although a lot of money can be saved, it will also be very troublesome to reorganize the mess.

Things, I am very afraid of trouble. More importantly, we will waste two to three years! Precious time to catch up with Sony!" Fang Mingyuan raised his first finger.

Li Jianxi and Millington couldn't help but be moved by it! Fang Mingyuan's idea cannot be said to be right or wrong. It's just a matter of opinion. But his idea is undoubtedly very suitable for Li Jianxi's psychology!

Since then, the development of Samsung Group has been to surpass Sony as its first goal! Moreover, Li Jianxi certainly will not bear to watch Samsung Group fall into chaos in the next few years! If Fang Mingyuan's funds join,

It would be great if the Samsung Group could travel lightly and still develop according to its original plan!

Fang Mingyuan raised a second finger and said: "The second reason is because I admire the development philosophy of Samsung Group and Chairman Li. I think the future era will be the digital era. With its arrival,

It will bring revolutionary opportunities and innovations to the global economic development. Under the leadership of Chairman Lee, Samsung Group has the ability and consciousness to follow these changes in the future, thereby constantly updating its business structure.

Business philosophy and company culture to meet the ever-changing needs of the world's information age § Anyone who knows me well knows that I may have some vision in investment, but I am not good at specific management work. A behemoth like Samsung Group

, if it is left in my hands, I am afraid that within a few days, I will be annoyed to death by its endless affairs! So I hope that I can reach a cooperation with President Li. Let's discuss the big things. How about the specific affairs?

President Li will have more people to work with! Since we are planning to find an ally, we naturally don’t need President Li to be full of anger and dissatisfaction when signing the equity agreement. This will not be conducive to our future cooperation!"

Li Jianxi and Millington couldn't help but feel dumbfounded. Ganqing wanted to establish a good relationship with Li Jianxi as the boss in the future, so it didn't matter if he would rather invest more!

But they also felt that what Fang Mingyuan said was probably true. Judging from the information they obtained, Fang Mingyuan was really just as he said, just digging holes and not burying them! Although it was said that he had many famous families under his name, even internationally.

They are well-known companies, but they are all managed by others or professional managers. I act as a hands-off shopkeeper and only take part in some major matters, but never care about the specific management work!

Aso Xiangyue, Lin Lian, Lin Rong, and Chen Zhong were all biting their lips as hard as they could to prevent them from laughing!

Forget the first reason, for the second reason, Fang Mingyuan is just telling lies with his eyes open!

None of them knew that Fang Mingyuan had always had a bad impression of South Korea, and he often called them "Korea Bangzi" in private!

There is only one reason for investing in Samsung Group, and that is to bring more and greater benefits to the Fang family!

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Chapter completed!