Reborn as the youngest son of a chaebol, starting with getting to know his eldest sister-in-law!
Chapter 451 Chen Daojun and Chief T reached a consensus!
Chapter 451 Chen Daojun and Chief T reached a consensus!
When Daojun and Mr. T met, they had a very happy conversation.
"Hey, don't tell me, it's all thanks to you, you know! Originally, our man was planning to arrange for the media to collect a lot of inside information and prepare to expose it, but you just appeared out of thin air, talking to the camera plausibly, saying that the economy was in tatters... …I don’t even need to put in the effort to complete the tasks given by Chief T, haha.”
"Hahahaha, but I still have to say sorry because I was too anxious. If another economic crisis breaks out, many domestic financial companies will face systemic risks."
"It's okay, it's okay. This is a thing of the past. Can't you see that I'm very relaxed now?"
Chief T waved to Daojun.
"But if this happens again, I will look after myself first. After all, the economic crisis has also caused me a lot of troubles."
"Something big has happened, and I know how serious it is."
Mr. T pursed his lips seriously and frowned:
"In fact, the media's requests for interviews with the presidents of major construction companies in the cold country are constantly increasing. They are eager to know how infrastructure construction is currently developing."
"I think this is normal. Infrastructure is related to many people's livelihood projects. It is very important for us to understand the situation and have first-hand information, especially for large construction companies."
Chief T carefully studied Dojun's expression.
"If you're talking about large construction companies, you mean Shunyang and Daying, right?"
"Yes."
“Do you know how much the projects built by these two companies are worth?”
Chen Daojun shook his head: "Nearly 1000 billion US dollars, driving related industries of 2 trillion US dollars."
"2 trillion? Are you sure?" President T brought the tea cup to his mouth, blinked, and carefully observed Chen Daojun's reaction.
Because this is a huge number, it is difficult for ordinary people to have an intuitive feeling.
"I am a member of the Shunyang Group and I am also involved in the construction field. This number is accurate because it is information I obtained through various channels."
Mr. T put down his tea cup and quickly took out his mobile phone.
"Wait a minute, how about I call after I finish talking?"
"it is good."
He put the phone back.
"What I want to say is that the construction in Dubai is not the end. Apartment construction in various provinces in the country is sparking. You know why the representatives of the construction companies are eager to see the CEO, right?"
Dojun would vaguely guess that this was a request negotiated by some chaebols, but this was beyond the scope of the government.
As is the case with the International Monetary Fund, businesses need a bailout.
It can be seen that the current president T is working very hard.
The government will soon enter its third year in power.
The worse you do, the sooner the next one will come.
In order for Blue House to take action in next year's local elections, Chen Daojun decided that he must stabilize the situation and minimize the impact.
"I'm more curious, what solution do you have?"
“My approach, it may be a bit extreme, but it’s a clever solution.”
Daojun thought that what he said didn't sound very popular, because Mr. T seemed to disagree with the word "extreme".
He said it could be solved, but the other party's expression did not improve.
“From the Cheong Wa Dae’s perspective, the louder the voice of companies, the better.”
"Uh, what do you mean?"
"The offensive against D in the past two years has mainly been pro-business. In other words, this is a pro-chaebol policy. Oh, I'm sorry, I have no intention of criticizing the current incumbent, even if I am a beneficiary."
When CEO T's expression became stiff because of the word chaebol, Dojun even said calmly:
"So far this would have been called preferential treatment, so why don't we just throw it out on the market?"
"Leave your investments to the market.?"
"Yes, if the company cannot withstand the dual shock waves of the financial crisis in Country M and the suspension of the Dubai project, the company will die. But without government intervention, if it can think of a way, it can survive."
Chief T’s brows tightened: “You mean we let it go, but do you know that if both companies go bankrupt, we will lose control.”
Daojun ignored his concerns and continued:
"If you show the government's care for small and medium-sized enterprises that are closing down, the opposition parties will be embarrassed, because their attacks will be unable to focus. This measure will greatly help the ruling parties in future local elections."
"It's a good idea, but when you say that, don't you know that if a large construction company goes bankrupt, everything up to that point will be useless? The impact will be too wide!"
If Daying and Shunyang become insolvent due to problems with construction funds, the social impact and the price the government will have to pay are completely different from the government's support for small and medium-sized enterprises.
The regulatory effect of ZF will soon disappear.
"The market will not be affected in any way because let me tell you, there is a place to take over both companies in their entirety."
"take over?"
The general manager looked Chen Daojun up and down to make sure he was not talking nonsense.
Daying and Shunyang, the largest and second largest chaebols in the Han Kingdom, who can afford to acquire even their construction subsidiaries?
"Yes, they will only take over the power of the company and will not seek preferential treatment such as debt relief or loan extensions."
Chief T finally understood why Dojun wanted to see him.
Unlike other people who asked for help, Daojun's request was that the government should not intervene in the matter.
"Where is the company you are talking about?" CEO T asked in a deep voice:
"That's the BAT Group."
"ah…!
"In particular, most of Dubai's money has been taken by the BAT group."
"Is that true? This is the first time I've heard that BAT Group has also launched business outside."
A smile gradually appeared on the corner of Mr. T’s mouth:
"Let me tell you, it seems that BAT has carefully formulated a specific acquisition strategy to deal with these two companies. So, didn't you say that Cheong Wa Dae just wants to watch?"
"Prepared for a long time, you are joking. If it is like you said, it means that the BAT Group knew what happened to Dubai a year ago. Now no company in the world can predict this. Dubai's hardware has not imagined It’s so bad.”
Blue House does not interfere.
That's the biggest help.
If Shunyang and Daying are helped, BAT's acquisition strategy will be in vain, so it can only be seen as preferential treatment for the BAT Group.
Chief T's face and attitude suddenly changed.
Because Daojun now knows that he is no different from other large companies that require policy funding subsidies.
"I can make a complaint on behalf of the head of Blue House Cold Processing, but the specific details are not something I can decide, especially since I can't just watch the two companies representing Han go bankrupt."
After postponing the decision, Mr. T tilted his head.
"By the way, President Chen, one of Shunyang's subsidiaries has moved to a new location. I want to know why you are so generous."
Daojun was embarrassed for a moment, then scratched his head.
"Do I have to tell you about my family affairs? Haha."
"Oh, just don't tell me if it's inconvenient for you."
"No, I think this is a story that the whole Han Kingdom knows. In fact, I work hand in hand with the BAT Group. If BAT acquires Daying and Shunyang, I will bring Shunyang Construction to Shunyang. You also know that my nephew himself Taking over my uncle's company doesn't look very good on the outside."
Mr. T obviously showed a thoughtful expression.Chen Daojun continued to persuade him: "As long as Shunyang Electronics and Daying Automobile do not waver, there will be no problem with the industries of Shunyang and Daying. The only change is the birth of a very large company called BAT Group. This is not the case in many aspects." Any benefit?"
Electronics, Automotive and Construction.
This means that ZZ World will have another support, three pillars, which will be more conducive to the situation above, so he considered it very carefully.
He was still thinking with his lips pursed.
In this case, sending a small personal gift is effective.
Chen Daojun took out a few hotel card keys and threw them on the table.
"As a general T, I know you feel very uncomfortable these days with a lot of people following you. When you need a private space, please feel free to use it. It is empty 365 days a year, so you can use it anytime. "
"This is a hotel.?"
“Yes, it also comes with a dedicated manager and if you call us when you leave we will arrange everything for you.”
The big boss at the Blue House wanted to see reporters and asked for help.
It is necessary to meet with the ruling D congressmen to let them know Cheong Wa Dae’s intentions, and to meet with the opposition D congressmen to provide them with funds.
What they need is a secret place.
This will be commonplace in 10 years, but it's just starting now.
What Chen Daojun provides is a place to eliminate safety hazards.
Boss T's expression changed, as if he was very satisfied.
"This is really good stuff, thank you for your kindness."
“I learned a lot of business lessons from my late grandpa and know that you don’t have to worry if you treat people with sincerity.”
Chief T nodded with a satisfied expression on his face.
Entrepreneurs can only request a meeting with the president through their director.
All Chen Daojun had to do was throw in an envelope full of money and leave.
"I hope Cheong Wa Dae will make a wise decision."
Chen Daojun lowered his head politely, and Mr. T quickly supported him.
At this time, Daojun's status in his heart was almost equal to that of any chaebol in the cold country.
"Isn't our government's biggest policy to keep the market flowing? I will seriously consider what you said."
For Chen Daojun, doing nothing at Blue House is the easiest option.
But he believes that Cheong Wa Dae will not take the most difficult path.
Unlike Chen Dojun who was treated politely at the Blue House, Chen Dongji was furious at home.
"What do you do for food? Did I ask for money from you? Or did I force you to go to Dubai to run a project? Is it that difficult to arrange a meeting at Cheong Wa Dae?"
Chen Dongji shouted loudly, but everyone lowered their heads and pretended to be stupid.
"A bunch of trash, they can't get anything done even after taking money!"
The vice president under Chen Dong's pedestal knew best that the other party's anger this time was just making a fuss out of a molehill.
Chen Dongji almost made a desperate move to invest a huge amount of money in Dubai. There are now rumors outside that even after selling the house, Chen Dongji could not afford to repay the advanced project payment and bidding fees.
At this time, Cheong Wa Dae will only avoid calls on its own, let alone calls from high-level officials.
"Hurry up and call! Mobilize all the bastards who have taken the money and use all means to open the Blue House door. If it's too late, the bank will take action first."
Chen Dongji regretted it. He had known that he would keep Son Ye-jin to marry the bank president no matter what.
Why was he so out of control that he let the girl go because of Chen Daojun's coercion?
In the end, I offended the president!
They knew it was too early to give up now.
In desperation, Chen Dongji thought there was still a life-saving straw, so he immediately went to find Chen Rongji.
However, when he arrived at the Shunyang Group headquarters, Chen Rongji held his hand before he could speak.
"Don't say anything, second brother, I have no money. The financial crisis has not only hit your company, but I am also going crazy with anxiety. The company's projects in country M and Europe are all over, the two largest markets. We were overwhelmed...it was hard for us to hold on until the end of the year.”
"Brother, I'm not here to ask you for money. I want to ask if you can get a loan from the bank and give me some of it to help me out."
"Banks hate the poor and love the rich. How can they lend me money now?"
"elder brother!"
"Don't go too far. You really don't know what's going on now. Even with the loan, I have to keep the Shunyang property, otherwise I will die too!"
Chen Rongji turned around silently, which was not unfamiliar to Chen Dongji.
My eldest brother is indeed a cold-blooded animal!
Chen Dongji knew best that if he stayed any longer, he would have no chance. When he went bankrupt, his brother could still take over Shunyang Construction and Heavy Industry.
Chen Rongji's dark heart is far scarier than the bank.
Chen Daojun mentioned it again, and Li Xuezai requested a creditors meeting.
Banks have been paying attention to two big companies, Shunyang and Daying, so there is no reason to refuse.
However, at the meeting, Li Xuezai's words sent shivers down their spines.
"I'm not a philanthropist either, so why should I consider other scenarios where the company can alleviate the crisis by dumping some useless stocks on the market."
Upon hearing the news that all construction stocks of Daying and Shunyang Group except BAT were to be sold, the bank presidents waved their hands in unison.
"Chairman Li, we know the financial situation of Shunyang Construction and Daying Construction very well. If you throw it all away, they will definitely go bankrupt."
"Yes, Chairman Li, it is impossible to recover debts in the case of bankruptcy. It may take several years to conservatively estimate that it will take several years before we can recover everything normally."
Li Xuezai shook his head at the surprised bank presidents.
"A damn person must die. They can no longer repay the loan. Although we will lose half of the stock by selling the stock, I will laugh at these two companies from the bottom of my heart."
Chen Daojun is rich, so it is understandable to make such a gesture. It is even normal for him to sell stocks to suppress the already precarious stock price for normal acquisitions.
But banks are different.
At the moment of bankruptcy, accounts receivable were overflowing, and the serial bankruptcy of the subsidiaries of the two construction companies became a fait accompli.
Banks are experiencing huge losses, and some of them will completely lose their business cards as bank presidents.
The most frightening thing is that the government is preparing to liquidate and consolidate insolvent banks.
In this case, if done well, the size of the surviving banks will double.
Eat less and live better than being swallowed up by your peers.
Everyone was talking, trying to ease Li Xuezai's mood and dissuade him.
But Li Xuezai was unmoved.
Instead, they called other people and prepared connections to persuade them.
However, when another one comes along, the bank presidents know that no one can stop them.
(End of this chapter)
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