After offering his congratulations, Chairman Assistant Heo Kyung-hyun spoke to Samsung Vice Chairman Lee Young-ki.

"Ok."

Upon hearing this, Samsung Vice Chairman Lee Young-ki turned around, went downstairs, and then drove back home.

This time, he specially brought his wife, Sun Zhen, along to welcome his father's praise.

Soon, the car arrived at the Li family villa.

He discovered that the entire Li family had returned: the eldest sister with her fiancé and bodyguard Ni Yongjun, and the third brother with his wife Liu Zhina.

"Dinner's ready, everyone sit down."

Madam Chen Biyu came out and gently called out to everyone.

Then, one by one, they walked into the hall and sat down at the dining table.

Ni Yongjun sat down next to Princess Li Fuzhen. This was his second time attending a family banquet hosted by the Li family.

After everyone sat down, the servants brought out the food.

Afterwards, everyone began to drink the soup, but Lee Young-ki did not. He looked at Samsung Chairman Lee Geon-hee, who was sitting at the head of the table, and said:

"The employees are all very happy today."

"Whether to continue employing POSCO employees after the acquisition needs to be carefully considered."

"After a victory, the first thing to do is to loot the spoils of war; there's no need to do this kind of clearance sale first."

Upon hearing what his eldest son, Lee Young-ki, said, Samsung Chairman Lee Geon-hee stopped drinking his soup and then spoke to Lee Young-ki.

Then, he said to his wife, Chen Biyu, who was on his left:

"The soup for the head of the household has gone cold."

Upon hearing this, Madam Chen Biyu glanced at the soup in front of Samsung Chairman Lee Geon-hee.

Then she turned around and patted Li Yongji's wife, Sun Zhenlai, indicating that she should go and get a new bowl of soup.

When Lee Young-ki's wife, Son Jung-rae, saw this, she stood up, walked over, and brought back a bowl of soup, intending to place it in front of Samsung Chairman Lee Geon-hee.

Where do you want to put it?

"I wasn't talking about me?"

Upon seeing this, Samsung Chairman Lee Geon-hee spoke directly to Lee Young-ki's wife, Son Jung-ri, and then to his eldest son, Lee Young-ki, who was on his right:

"He is the head of the family."

Upon hearing this, Li Yongji looked up in shock and glanced at Li Jianxi.

Upon hearing this, Li Yongji's wife, Sun Zhenlai, excitedly brought the bowl of soup to her husband, Li Yongji.

Lee Young-ki looked at the soup in front of him, then excitedly looked up at Samsung Chairman Lee Geon-hee sitting at the head of the table, before happily taking a sip of the soup.

Ni Yongjun watched all this with a faint smile, calmly drinking his soup.

Moreover, he knew that this peaceful and tranquil life would soon be shattered.

Sure enough, before he had finished his soup, the president's assistant, Xu Jingxian, rushed in from outside the hall.

Everyone in the Li family hall was startled by the actions of the chairman's assistant, Xu Jingxian, but Xu Jingxian did not explain. He quickly turned on the television in the hall.

As soon as the TV was turned on, it was broadcasting breaking news.

This morning, stock markets across Asia plummeted, with only Hong Kong Island experiencing a slight decline.

Not only did the South Korean stock market plummet, but the Korean won also experienced a record-breaking drop, falling to a ratio of 1008:1.

"This, this, this?"

Samsung Chairman Lee Geon-hee stared at the news broadcast on television, speechless with shock.

Not only Li Jianxi, but everyone else was the same.

Only Ni Yongjun calmly continued drinking his soup.

When the financial crisis hits, it's time for him to buy at the bottom and reap the rewards.

The Morgan family, the patriarch of the United States, created a financial crisis to cause these small countries to crash, and then they spent a small amount of US dollars to acquire high-quality companies.

But this time, it won't be foreign countries that get to take advantage of South Korea.

Because he is in South Korea and holds two trillion US dollars.

They're just waiting to harvest all South Korean companies, not just Samsung, but all South Korean companies.

Just then, Samsung Chairman Lee Geon-hee's phone rang.

"The Blue House said you need to go there."

Chairman's assistant, Xu Jingxian, picked up the phone to answer it, then put it down and spoke to Samsung Chairman Lee Geon-hee.

Chapter 168: The Battle to Acquire Aki Motors is Imminent

That evening, Samsung Chairman Lee Geon-hee emerged from the Blue House.

He walked wearily down the stairs toward his family who had been waiting outside.

"What did the Blue House say?"

"What impact will this have on our Li family?"

Princess Lee Boo-jin, her second brother Lee Young-ki, and Lee Dong-ki all surrounded her and began to inquire.

"The president plans to file for bankruptcy tomorrow, then seek help from the IMF, and then open up financial sovereignty."

"Furthermore, the lifetime employment system for employees has been abolished, and companies that breach contracts are required to undergo market-based bankruptcy or mergers and acquisitions."

When asked by his family, Samsung Chairman Lee Geon-hee said wearily.

"Since our Samsung Motors has been losing money for a long time, shouldn't we be required to go bankrupt?"

Upon hearing this, Lee Dong-ki cautiously asked Samsung Chairman Lee Geon-hee.

"you....."

When Samsung Chairman Lee Geon-hee heard his youngest son, Lee Dong-ki, ask him a question, he angrily pointed at Lee Dong-ki and was speechless.

Lee Dong-ki, who manages Samsung Financial, gave the loan to Daiwa Motors, even though he could understand that businessmen don't need to consider family ties for the sake of profit.

But now, facing the financial crisis, this has become a wrong decision.

On the one hand, Samsung Financial's loan to Daiwa Motors compressed Samsung's original cash flow.

The acquisition of POSCO Steel, due to the high acquisition price, also depleted Samsung's original cash flow.

But all of this was discovered with his permission, so he couldn't blame his youngest son, Lee Dong-ki.

"President, I've received some breaking news."

"Kia Motors, ranked second, has filed for bankruptcy due to its high debt caused by failed investments."

After putting down his phone, assistant Heo Kyung-hyun quickly walked a few steps to Samsung Chairman Lee Geon-hee and spoke.

“Samsung Motors’ opportunity has arrived. If we acquire Kia Motors, we won’t have to go bankrupt.”

Upon hearing this, Samsung Chairman Lee Geon-hee's eyes lit up.

“Father, we don’t have that much money to acquire Kia Motors.”

After hearing what Lee Geon-hee said, Samsung Vice Chairman Lee Young-ki said to Lee Geon-hee with difficulty.

Because he had already spent 500 billion won to acquire POSCO, and also sold 10% of Samsung Motors to Miracle Company.

"Apply for a bank loan."

After hearing his eldest son Lee Young-ki say this, Samsung Chairman Lee Geon-hee thought for a moment and then spoke directly.

"Chairman, the main trading banks have already reached their credit limits."

Upon hearing this, the president's assistant, Xu Jingxian, immediately replied.

“Those neat real estate properties, take them up as collateral.”

Upon hearing this, Samsung Chairman Lee Geon-hee sighed, then turned and roared at the crowd.

...

Mr. Ni, a good opportunity has presented itself.

Miracle CEO Farshad's excited voice came from the other end of the phone.

"Oh, what chance?"

"Isn't there gold everywhere now?"

"All we need to do is buy at the bottom."

Ni Yongjun watched as the Korean currency continued to depreciate and the stock market continued to crash. He saw this as an opportunity to acquire high-quality companies at incredibly low prices, as long as he had US dollars.

Mr. Ni, the good news is that Kia Motors has filed for bankruptcy.

"So if we acquire Kia Motors, then Samsung Motors, which has been losing money, will also need to go bankrupt and be liquidated."

"At that time, our 10% stake in Samsung Motors will come in handy."

"By then, we will be able to acquire Samsung Motors."

"Then merge these two car companies and directly dominate the South Korean car market."

Miracle CEO Farshad directly told Ni Yongjun about his plan.

“Good idea.”

"Submit a direct application to acquire Kia Motors."

Upon hearing this, Ni Yongjun immediately gave orders to the president of Farshad.

"Okay, Mr. Ni."

Upon hearing this, Farshad's president immediately responded and then went to apply for the acquisition of Kia Motors.

...

Samsung Chairman Lee Geon-hee is busy mortgaging real estate to banks to obtain funds for the acquisition of Kia Motors.

He originally thought that only Samsung could acquire Kia Motors in South Korea, and that there was no other competitor besides Samsung.

Although Daiwa Motors received a loan from Samsung Financial, it was only a drop in the bucket and could only guarantee that it would not experience a cash flow crisis.

There simply weren't enough extra funds to acquire Kia Motors.

(De Ma Zhao) Moreover, like Dahe Motors, it needs to raise its own funds to repay bank loans and pay a deposit for the loans.

"President, something terrible has happened."

"Miracle Corporation has submitted a full takeover bid for Kia Motors."

Upon receiving the news, assistant Heo Kyung-hyun rushed into the office and spoke to Samsung Chairman Lee Geon-hee.

"What do you mean by 'even'?"

"Miracle Company again?"

"Why does it have to compete with Samsung anyway?"

"Is there a powerful figure behind Miracle Corporation?"

Upon hearing this, Samsung Chairman Lee Geon-hee stood up angrily and roared.

"President, I'll go check right away."

Upon hearing this, his assistant, Xu Jingxian, immediately agreed.

Chapter 169: Treat others with their own medicine.

The following day, South Korea sought help from the IMF and then opened up its financial sovereignty.

At the same time, the Blue House also guided loss-making companies to go bankrupt or merge and reorganize, in accordance with the requirements of the IMF.

“Chairman Li, look, as soon as Kia Motors filed for bankruptcy, a company offered to acquire it.”

When will Samsung Motors, which has been losing money for years, file for bankruptcy?

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