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The youngest son of the chaebol family, Mo Hyun-min - Chapter 70

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The youngest son of the chaebol family, Mo Hyun-min

The youngest son of the chaebol family, Mo Hyun-min - Chapter 70
There is no impermeable wall in the world, and the news that Handao Steel is insolvent and on the verge of bankruptcy finally appeared on TV.

"Handao Steel hesitated to over-borrow in operation, and is now unable to bear financing costs, and announced its bankruptcy today. Hando Steel owes more than 4 trillion won (about 3.3 billion US dollars) so far, and there are concerns about the bankruptcy of Hando, which will have a huge social and economic impact.

"Handao Steel ranks 14th in the financial world, with 4.2 trillion yuan in debt, which is the largest non-performing enterprise in history. It will collapse completely in the near future.

With the bankruptcy of Handao Steel, the news of 4 trillion yuan in debt was reported by several major TV stations in turn, and the entire country was in an uproar. They did not expect that such a large enterprise as Handao Steel, which ranked extremely high, would actually go bankrupt and have terrifying debts.

......

Zhengxinzhai.

"Chairman, Vice Chairman Chen Yongji has decided to personally participate in this Hando Steel acquisition negotiation, and there must be news soon." Room Chief Li said to Chen Yangji, who was flipping through the newspaper.

“...... Hopefully. Chen Yangji finished reading the newspaper, raised his head and looked at Room Chief Li, but he had another idea in his heart. He and Zhu Yirong of Daying Group have been fighting in the mall for so many years, and now that Hando Steel has collapsed, how can they stand idly by and watch them acquire Handao Group?

......

Office of Vice President of Shunyang Properties. Chen Yongji, who received the news from his subordinates,

hurriedly arrived, and the two subordinates who had been waiting here bowed to Chen Yongji, and then said apologetically, "Vice President, sorry." Our negotiations with Handau Steel went wrong. The $300 billion we prepared for cannot be successfully acquired in negotiations.

"Why did you say such an important thing until now?" Chen Yongji said with some anger.

"The creditor group proposed that the purchase price of Handao Steel was 450 billion, and there were people besides us who wanted to buy Hando Steel for 450 billion." Another cadre who went to negotiate said.

"So, is the other party a Daying Group?" Chen Yongji soon thought of the Daying Group that competed with them everywhere in Shunyang Group, and if it was them, it would be reasonable.

"That's right, that's them!" The cadre replied a little depressed, "Originally, I negotiated with the people of the debt group. But suddenly several heads of creditor groups temporarily changed, saying that Zhu Mengxu, vice chairman of Daying Group, had reached 450 billion! Unless our bid is higher than theirs, they are more inclined to sell Handao Group to Daying!

"Asibah! Zhu Mengxu, this guy, is really haunted! Chen Yongji scolded angrily. Over the years, they have clashed with the Daying Group no less than ten times, and Zhu Mengxu, the vice president of the Daying Group, is also an old opponent with him, but the other party's means and strategies are obviously higher than him, and after several confrontations, they lose more than they win and suffer a lot of losses.

......

"Vice Chairman Zhu Mengxu, I wonder why you are willing to pay a high price of 450 billion to buy Handao Steel?" After many news media reporters got that Daying Group planned to acquire Handao Steel and gave a high price of 450 billion yuan, they all gathered around the headquarters of Daying Group, trying to get first-hand interview materials.

"That's right, our Daying Group did propose 450 billion to acquire Handao Steel. Perhaps many people will think that this offer is high, but we pay more attention to the future of Handao Steel. After the acquisition of Handao Steel, it will be of great help to many industries under our Daying Group. Zhu Mengxu was not afraid in the face of many news reporters and interview microphones, and still talked eloquently.

When all the news reporters heard Zhu Mengxu say this, they recorded and filmed the "brilliant" scene. Soon the next day, news reports about Daying Group will acquire Handao Steel at a high price appeared in the newspapers, and even many media praised that Daying Group is a conscientious enterprise and a patriotic enterprise!

......

Such news naturally made the Shunyang Group, a competitor, very angry, and it is not an exaggeration to say that it is a slap in the face. After all, the negotiation materials they submitted before were to hope that Hando Steel would sell at a reduced price, and the Daying Group actually offered 450 billion, which was a big price higher than them, which was too much of a shame!

......

Office of the President of Miracle Group.

"Boss, are you sure you want this?" Rachel said with some melancholy as she held up her cosmetics.

"I don't want to expose it yet. Since the other party wants to see me so much, let's do as she wishes. Help me draw a makeup, try to draw as mature as possible. Chen Daojun patted Rachel's buttocks and urged.

"Okay. It's just the boss's face, I'm really a little reluctant to do it. Rachel took the opportunity to touch Chen Daojun's face, and said with some reluctance. Chen

Daojun, who inherited the beauty of Chen Runji and Li Hairen, can be called a handsome guy in terms of height and appearance, and he is not much less than those real-life idol stars.

"Ahem, Rachel pay attention to the impact! It's still office time. Wu Shixian, who was watching the play on the side, coughed lightly, tactfully reminding that the atmosphere between the boss and the secretary Rachel in front of him was becoming more and more ambiguous, and it was still work time, a little more convergence!

"Poof——! Oh, I almost forgot, our President Wu is still single! This kind of scene must not be seen. Rachel then withdrew her hand that was still rubbing oil and smiled at Wu Shixian.

Wu Shixian instantly felt a full of malice, and his firm heart was hit by this little secretary's words!

"Okay, get down to business. Hurry up and help me put on makeup, the agreed meeting time is almost up. Chen Daojun saw Wu Shixian's embarrassed appearance and quickly urged Rachel to help him make up. After all, it is not polite to be late for the first time to meet and negotiate with someone.

......

Soon the group arrived at Myeongdong, located in Jung-gu, Seoul. The commercial street here is prosperous, and it has already seen the prototype of the "shopping paradise" of later generations. It's just that the destination of their trip is not a high-rise building, but an old-fashioned house.

If it weren't for familiar people, no one would have thought that Bai Fuzi, a well-known money lender in the Myeongdong area, would actually live in such an old house. Chen Daojun walked in with Rachel and several bodyguards. Just entering the courtyard, I found a vegetable field in front of me, an old lady with gray hair was growing vegetables in the vegetable field, and a young girl squatting on the side to help.

"We shouldn't be in the wrong place, right?" Chen Daojun saw the scene in front of him, a little incredulous, turned to the secretary Rachel on the side and confirmed. "It can't be wrong, right? ...... The address that Chairman Wu told me is here! Rachel is equally confused, doesn't he say that this is the residence of the Myeongdong money lender giant? What's going on like this?

Chen Daojun didn't know what to say for a while.

"Grandma, it seems that a guest is coming." The little girl on the side saw several people at the door, and immediately reminded the old lady who was still working in the vegetable field.

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The youngest son of the chaebol family, Mo Hyun-min

The youngest son of the chaebol family, Mo Hyun-min - Chapter 70

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