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Chapter 424 is not a good bird

Lee Kun-hee resigned as chairman of Samsung Group and pushed his eldest son Lee Jae-chong to the front. He retreated to the second line as the emperor and announced to the public that it was for personal reasons. In fact, Lee Kun-hee was forced to be helpless because he was involved in a big trouble, which was suspected of illegal transfer of management rights and tax evasion.

Lee Kun-hee actually had a criminal record on this matter. As early as 193, Lee Kun-hee was sentenced to two years of probation for bribery, but in the second year, that is, in 1997, he was pardoned. But this incident was even bigger than last time, and the charges of illegal transfer of business rights and tax evasion are much more serious than bribery. In order to avoid being prosecuted, Lee Kun-hee could only act like "retreat" in this way, hoping to escape this level.

Speaking of Korean companies, especially large multinational groups like Samsung, no one has any underneath. After learning that Lee Kun-hee was forced to resign voluntarily, Lee Meng-hee and his son applauded and were as excited as if they were injected with chicken blood. In their opinion, this time was a great opportunity to seek justice. For this reason, Lee Meng-hee and his son asked Lee Kun-hee to return their own Samsung Life Stock B140,000 shares, Samsung Electronics Stock 20,000 shares, Samsung Aibao Park 1 million shares, and including their stock dividends.

These things combined are nearly one billion US dollars. In addition, Lee Mengxi and his son also proposed to join the board of directors of Samsung Group and serve as vice president. Although Lee Kunxi was in a hurry at the time, he refused to give in to this matter at all. Not to mention letting the other party enter the board of directors, he did not intend to give the other party a penny as to those stocks, including dividends. The two sides quarreled and parted ways. After Lee Mengxi and his son left, they truly understood Lee Kunxi's unscathing character and vowed that no matter what means they were used, they must get back what belonged to them.

It was also because of this incident that in order to prevent Lee Mengxi and his son, Lee Kun-hee sent his subordinates to follow them. If Lee Jae-hyun hadn't been lucky and had he dumped the guy who was following him, maybe the secret of his coming to New York to meet Zhou Liwen would have been known by Lee Kun-hee.

In fact, when it comes to Lee Mengxi and his son, they are not good birds. As the former heir to Samsung Group, Lee Mengxi served as the vice president of Samsung Group and presided over Samsung's executive work. However, compared to his smarter younger brother Lee Kun-heelai, Lee Mengxi is a man with great vision and leisure, and his successive judgment mistakes have caused huge losses to the Samsung Group. In the end, his father was disappointed and was deprived of his heir status.

Lee Mong-hee's son, Lee Jae-hyun, who was sitting in front of Zhou Liwen, didn't even look at him scolding Lee Kun-hee so much that he was extremely shameful about bribery, tax evasion and illegal transfer of management rights, and even scolded him as a scum of the Lee family and a dregs among the Koreans.

But in fact, Lee Jae-hyun, as the president of CI Group, has done a lot of things like this. Although Koreans usually look hypocritical, they are actually worse than Japanese. As the president of CI Group, CI Group mainly operates entertainment and media, and has many artists under its jurisdiction. Of course, there will be no shortage of young and beautiful female artists.

The unspoken rules of the Korean entertainment industry are the most powerful on this planet. There are many situations where female artists are forced to accompany customers for public relations. In the eyes of companies like CI Group, those female artists who look beautiful are almost tools and slaves. They do whatever they want and play whatever they want. In order to please senior officials and bosses of some large consortiums, Lee Jae-hyun has no less than these activities in private. Not long ago, Lee Jae-hyun also pimped several times for the South Korean president, and used several of the most popular and hottest little stars to promote the old guy comfortably. Of course, the purpose is not only for his CI Group, but more importantly, he thinks that he will get official support when competing with Lee Kun-hee for Samsung shares.

Lee Jae-hyun's plan was good, but who would have thought that the President's Excellency had eaten and drunk enough to play with the woman and only gave him a vague reply. This result made Lee Jae-hyun very depressed. When he did not get the other party's real support, Lee Mengxi and his son did not dare to formally sue Lee Kun-hee in the court. If he was not sure, it would be even more difficult to get these shares back in the future if he lost the case.

Compared with the struggle between the Lee brothers and uncles and nephews, as the senior officials of the Korean political circle, including the President who turned against each other after getting out of bed, it seems that it is most appropriate to maintain the situation of the Lee family at least temporarily. Because these politicians know very well that the more powerful Lee Mengxi and his son fight with Lee Kunxi, the more they can gain benefits from it as bystanders. Not to mention anything else, just those filial piety and beauty are almost at hand, once things are decided, they will lose their value and will never have these benefits.

Although Lee Mengxi and his son are not as smart as Lee Kunxi, they are not fools. They know what these politicians who eat people and don’t spit bones think. What’s more, they are at a disadvantage now. Compared with Lee Kunxi and his son, they don’t have many chips in their hands, and if they compare wealth, they will be even worse.

As time goes by, Li Mengxi and his son are becoming more and more anxious. If this problem is not solved, once the elderly Li Mengxi passes away, Li Jae-hyun will never be able to return to the Samsung Group. At this moment, a person suddenly extended an olive branch to Li Mengxi and his son. After learning that Zhou Liwen was interested in helping them re-enter the Samsung Group, Li Mengxi and his son were first shocked, and then ecstatic.

Of course, Li Mengxi and his son know who Zhou Li is. Moreover, although they are no longer in Samsung Group, as Li Mengxi and his son who once took charge of Samsung Group, it is not too difficult to understand the situation between Zhou Li Wen and Samsung Group. After all, with the habits of Koreans similar to Japanese people, ordinary employees stay in a company all their lives, and there are even examples of father and son devoting their lives to the company.

At the beginning, Li Mengxi and his son wondered why Zhou Liwen found them. After all, Or Company and Samsung Group have business deals and technical cooperation, and even have a joint venture laboratory. Compared with them, Zhou Liwen and Lee Kunxi have a good relationship. Moreover, with the xenophobic character of Koreans, it is impossible for Zhou Liwen to have the idea of ​​playing Samsung Group. Not to mention that ordinary Koreans oppose it, even the government will prevent the other party from doing so.

With this question in mind, Li Mengxi and his son hurriedly investigated. When a "gift" came to their ears, Li Mengxi and his son understood the reason why Zhou Liwen did this.

Because the reason is very simple, when Lee Kun-hee temporarily retreated to the second line, the current prince of Samsung Group, Lee Jae-chong, didn't know which nerve was wrong. He secretly disregarded the cooperation between the two parties, causing Zhou Liwen's partner Sha Zihao to be sentenced for false trade and tax fraud, which caused Or's largest foundry in China to fall into a state of stuttering. Not only that, Lee Jae-chong also joined hands with several other smartphone manufacturers to put pressure on all the cooperative foundry factories, causing Or mobile phones to plummet due to this reason, and eventually lost to Samsung's total sales.

Faced with this situation, Lee Mengxi and his son scolded Lee Jae-chong as a fool and was very excited, because this means that Zhou Liwen had a basis for contacting them. Judging from their speculation, this is a sign that Zhou Liwen wants to retaliate against the Samsung Group. The enemy of the enemy is a friend. This principle is a standard all over the world. Lee Mengxi and his son immediately joined the people sent by Joey Wong. The two sides first exchanged opinions through channels and hit it off. In order to keep the secret, Lee Jae-hyun and his son discussed it and went to New York, the United States for the plenipotentiary representative to interview Zhou Li-chong. Lee Mengxi continued to stay in South Korea, deliberately jumping up and down to attract the attention of Lee Kun-hee and his son, and ambushed his son.

The two sides met and started the topic after a brief remark. Zhou Liwen did not hide his anger at the small actions made by Lee Kun-hee and his son against Or Company, and told Lee Jae-hyun directly that in view of the actions of Lee Kun-hee and his son, the cooperation between Or and Samsung Group has been in name only. Just a few hours ago, as a member of the board of directors of Corning, the United States, had already passed the decision to take back the company of Samsung, a cooperation with Samsung, on the board of directors. He will launch a series of revenge on Samsung Group.

Of course, the tit-for-tat between the two international companies is likely to lead to both sides of the loss. As a successful businessman, Zhou Liwen is not an impulsive young man. Therefore, Zhou Liwen feels that there may be another way to complete the revenge of Lee Jianxi and his son, but not to harm the interests of Samsung Group. After all, as the largest company in South Korea, Samsung Group is very important, and the US government does not want Samsung Group to change and lead to economic instability in South Korea's political circles and economics. This method is nothing else, it is to support Lee Mengxi and his son to retake the Samsung Group and fight against the common enemy. Once this goal can be achieved, Zhou Liwen can not only exclaim a sigh of anger, but also continue to carry out previous cooperation with Samsung Group.

"Jay Jay Chou, I understand what you mean. This is exactly what our father and son hope for." Lee Jae-hyun replied calmly, but he was happy in his heart. This was a god-given opportunity. With Zhou Liwen's support, they drove Lee Kun-hee and his son out of Samsung, and the possibility of winning was even greater.

However, Lee Jae-hyun is not an ordinary person. Although he has been a playboy since he was a child, he would not have created a CI group, including pimping the president. But compared with ordinary people, Lee Jae-hyun is still a little smart. He asked Zhou Liwen: "I don't know how Jae-chan needs to cooperate? And what Jae-chan wants to obtain after the cooperation is completed? As a businessman, I know that there is no free lunch in the world. With Jae-chan's status and wealth, it is difficult for people to believe it if it is just revenge."

Zhou Liwen smiled faintly. Lee Jae-hyun asked this question long as he expected. He immediately said: "You are right. There is no free lunch in the world. It is not that easy to target Lee Kun-hee and his son. Maybe I will pay a huge price. Of course, if you succeed, you have to ask for something. Isn't this a matter of course?"

Seeing Li Zaixian nodding in agreement, Zhou Liwen continued: "First of all, I want to ensure that the ownership of Samsung Corning belongs to Corning, the United States. You know what our Or company's main business is. Touch screen supply is a very important part of Or's products. Only by holding this company in my own hands can I completely let it go.

Lee Jae-hyun hesitated and nodded: "Jay Jay's idea is normal and appropriate. But I think there is no need for the acquisition of 100. After all, Samsung Corning is a joint venture and has been operating very well over the years. If we father and son hand over it all over the world as soon as we came on stage, there will be great pressure on all aspects. I suggest that we appropriately retain some of Samsung's shares, of course, the control of the company can be handed over to Corning, which is more safe."

"No," Zhou Liwen shook his head and rejected it without thinking: "It would be easier to do this than to acquire it directly. If it were just a change of equity, it would conflict with the resolution of the Corning Board of Directors of the United States. Even if I agree, the Corning Board of Directors of the United States will not pass it."

"This..." Lee Jae-hyun hesitated for a while and changed his mind and said, "So, can we transfer this company through a share exchange? For example, using Samsung Group's shares in Samsung Corning to exchange for shares in the United States Corning to complete the acquisition? This will also avoid obstacles."

Zhou Liwen smiled meaningfully and shook her head: "How is this possible? This means that Samsung Group has entered the board of directors of Corning's headquarters in the United States. Compared with this requirement, it is better to directly agree to the previous plan. However, if Mr. Li can appropriately give up some of the shares of Samsung Electronics for share exchange, and Samsung Group's shares in Corning do not meet the standards for entering the board of directors, then it may be easy to negotiate."

"How can this be done?" Lee Jae-hyun immediately shook his head like a swaying drum. You should know that Samsung Electronics is a core enterprise of Samsung Group. The transfer of shares of Samsung Electronics is a world of heaven and earth compared to Samsung Corning. If such a thing is spread, the father and son will get into big trouble, and it is possible that they are even scolded by the Chinese people.

"What if you use a workaround?" Zhou Liwen smiled anxiously.

"Flexibility?" Li Jae-hyun was stunned, not understanding what Zhou Liwen said was referring to.

"It's very simple" Zhou Liwen smiled and said, "Have you forgotten your identity?"

"My identity?" Lee Jae-hyun frowned, and for a moment he couldn't understand what Zhou Liwen was referring to. What does his identity mean? What does this have to do with Samsung Electronics' shares?

"CI Group" Zhou Liwen pointed out with a smile.

"CI Group...you mean..." Lee Jae-hyun suddenly thought of a possibility and immediately understood: "What do you mean is to cooperate with the CI Group's share exchange, and then obtain the shares of Samsung Electronics through the cross-exchange of CI Group and Samsung Electronics?"

"That's right, that's what it means." Zhou Liwen smiled with praise.

After hearing Zhou Liwen's affirmative reply, Lee Jae-hyun was silent for a moment. Theoretically, such operations are operational because CI Group is in the hands of Lee Jae-hyun. Although CI Group is the largest entertainment company in South Korea, CI Group is not only an entertainment company industry, but also has industries such as games, food, food services, logistics, home shopping, biopharmaceuticals, infrastructure, etc. Moreover, from the predecessor of the final CI Group, it also has a close relationship with Samsung Group. In other words, CI Group was actually originally split from the giant Samsung, and was not completely independent until it was controlled by Li Mengxi and his son. If Li Mengxi and his son returned to Samsung Group and then combined CI Group and Samsung Group together, from the eyes of outsiders, this is a very normal move.

However, Lee Jae-hyun also has his concerns. You should know that after losing the rights of Samsung Group, the CI Group has become the last fortress for their father and son. Once there is anything unexpected happening to this group, they will completely lose everything and will never be able to turn over again.

"Don't worry, I have never taken this opportunity to master or split the CI Group. And even if I acquire Samsung Electronics shares in this way, it is a private action, which is very common in capital operations. Besides, does Mr. Li not think that using the little bit of CI Group's efforts to tie you and me together to the same chariot, and even have the full support of Or Company, isn't this a good thing?"

"Although that's the case," Li Jae-hyun said bitterly, but as soon as he was halfway through his words, he suddenly glared at him and asked Zhou Liwen: "I'm sorry, Jay Chou, what did you say just now? Or Company's full support? Do you mean that the person who exchanged shares with CI Group is not the United States Corning, but Or Company?"

"Haha, of course it's not Corning in the United States." Zhou Liwen smiled: "On the surface, you can obtain some equity in Corning in the United States, but it cannot exceed the shareholding ratio that enters the board of directors. At the same time, as compensation, I will give you the equity of Or Company."

"Is this really the case?" Lee Jae-hyun asked happily.

"Of course, I have the conditions, too." Zhou Liwen smiled and said, "My condition is that in addition to the requirements mentioned above, you have to hand over all the equity of Corning in the United States to me, and I will exchange it with the equity of Or Company in accordance with the proportion."

Lee Jae-hyun thought about it and asked hesitantly: "Can the Or equity be able to enter your board of directors?"

"This is not a problem. Of course, compared with the exchange of equity ratio, Or Company is not the United States Corning. It has the qualifications to enter the board of directors, but its rights are not great." Zhou Liwen answered frankly.

Hearing this, Li Jae-hyun's face changed. After thinking for a while, he finally made up his mind and suddenly stood up and stretched out his hand to Zhou Liwen: "So let's have a happy cooperation?"
Chapter completed!
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