I want to be a chaebol

Chapter 97 New Asia Capital
On October 10, Asan Group announced that the company's board of directors received a written resignation report from Mr. Li Yizhi, the executive director. Mr. Li Yizhi applied to resign from his position as executive director of Asan Group and president of Asan Group due to job changes.

According to the company's articles of association, Mr. Li Yizhi's resignation will take effect when the resignation report is delivered to the company's board of directors.The company's Board of Directors expresses its heartfelt thanks to Mr. Li Yizhi for his diligent work during his tenure!

At the same time, the board of directors of Asan Group appointed Mr. Song Yi as the executive director of Asan Group, appointed Mr. Li Bingkui as the president of Asan Group, and elected Mr. Li Bingkui as the new director of Asan Group.

Ashan Group is a listed company, and personnel changes in senior management need to be announced to the public in a timely manner.As soon as the announcement was released, investors who were familiar with Asan Group knew that Asan Group was going to undergo major changes in its economic approach to North Korea.

Within Asan Group, Zheng Enxuan, Li Yizhi and Song Yi have a clear division of labor. Zheng Enxuan is mainly responsible for the two subsidiaries of Asan Elevator and Asan Merchant Marine.Li Yizhi is in charge of Asan Group and Asan Construction, and Song Yi is in charge of Asan Electronics.

To be precise, Li Yiji is the specific executor of the Asan Group's North-South Korean economic cooperation project, and is also the person in charge of the Kaesong Industrial Park and Mount Kumgang tourism projects.

Zheng Enxuan advocated shutting down the two projects of Kaicheng Industrial Park and Mount Kumgang Tourist Area and stopping additional funds to prevent Asan Group from being brought down by these two gold-eating beasts.

In order to realize Zhou Zhengyong's legacy, Zhou Mengxian advocated borrowing from banks to continue the construction of Mount Kumgang Tourist Area and Kaesong Industrial Park. Once these two projects are fully completed, they will create 1 trillion won in profits for Asan Group every year.

Now that Zhou Mengxian is in jail and Li Yizhi has left the company, it means that the old people who supported Zhou Mengxian are gradually marginalized in the Asan Group. The power struggle between Zheng Enxuan and Li Yizhi has already decided the winner.

Asan Group will inevitably shrink its economic cooperation with North Korea and gradually shut down the Kaesong Industrial Park and Kumgang Tourist Area projects. Asan Group’s losses in the fourth quarter will definitely shrink.Therefore, Li Yizhi's resignation is good news, and Ashan Group's stock price has risen slightly.

On October 10, New Asia Capital Fund announced Li Yizhi as its first president, reporting directly to Song Yi.As a local VC in Seoul City, New Asia Capital has a fundraising target of US$9 billion this year.

Currently, the largest VC institution in South Korea is KTB Investment Group, which is the most well-known investment institution in South Korea.Since its establishment, this company has invested in more than 1000 companies, of which more than 100 companies have been listed on Korean and foreign securities markets.

KTB owns companies such as KTB Investment Securities, KTB Venture Capital and KTB Asset Management, with a total of more than 100 billion US dollars in assets under management. Its business includes venture capital, private equity investment, investment banking, and asset management funds.

When Li Yizhi announced the fundraising target of New Asia Capital, Hong Weili, a partner of KTB Investment Group, believed that Li Yizhi's fundraising target was unrealistic and too ambitious.

New Asia Capital is a new face in the Korean capital market. Even with the addition of the parent company New Asia Media and Song Yi's personal reputation, it is difficult for New Asia Capital to raise a huge amount of US$10 billion in one go.

According to Li Yizhi, New Asia Capital aims to manage US$10 billion this year, US$40 billion next year, and US$100 billion the year after that.Didn’t New Asia Capital surpass KTB Investment Group, an established investment institution, in just three years?

According to the original historical trajectory, KTB Investment Group was also the first Korean investment institution to enter the Chinese market. It began investing in VeriSilicon Microelectronics in 05, and later invested in Focus Media, Mindray Medical, Xueersi, Yongle Electric and Paris. Well-known enterprises such as Spring.

In 15, KTB Investment Group invested in Yurong Network. The founder of this company is Li Yu. Li Yu has served as the CEO of Shanda Games since 08, and later became the senior vice president of Shanda Network, and later became independent. Start a business and receive investment from KTB Investment Group.

The reason why Song Yi remembers it so clearly is because the investment bank where Song Yi worked before his rebirth planned to invest in Yurong Network, but later gave up.Li Yu is now in New Asia Network and will not leave New Asia Network to develop independently in the short term.

After the establishment of New Asia Capital, Song Yi first visited Chen Zaican and Cui Shanji.Song Yi has strict requirements for New Asia Capital’s first batch of investors, with a starting investment of US$100 million.

Li Yizhi didn't understand why Song Yi set the threshold so high. Ordinary investment companies usually require investors to invest a minimum of US$10, but Song Yi did the opposite.In Song Yi's words, he selects the best investors in South Korea through investment thresholds.

Now that New Korea Media is developing well, Chen Zaechan and Cui Shanhui should be able to spend US$100 million.After all, Chen Zaican is a member of the Samsung family, and Cui Shanji is the daughter of the chairman of the East Asia Group. Song Yi hopes that the two of them can take the lead among the rich in Seoul.

Chen Zaechan's home is located in Hannam-dong and is a separate three-story villa.Last year, Shinhan Media was on the verge of bankruptcy. Chen Zaecan mortgaged the house to the bank to raise funds. He rented a house in Apartment D in Erchon-dong, Yongsan District, and his wife and children moved back to his parents' home.

Now that Xinhan Media's performance is improving, Chen Zaican has paid off the bank loan, and Chen Zaican's family has moved back.

Cui Shanji welcomed Song Yi's visit very much. When she saw Song Yi carrying expensive tobacco, alcohol and Amore's new cosmetics set, she couldn't help but smile on her face, "Come on, why bother to mention so much?" What about the gift? If my daughter wasn’t still young, I almost thought you were here to visit my mother-in-law!”

Cui Shanji is wearing a silk top and a white skirt today. The shoulders and neckline are hand-pleated. The mid-high waist design makes the waist slim and the legs long, focusing on a light and mature style.Although she didn't go out, it could be seen that Cui Shanji still put on light makeup, and with shoulder-length black short hair, she suddenly felt a lot gentler.

Song Yi and Chen Zaican's family are already very familiar, and he joked with Cui Shanji, "If my father-in-law had a young and beautiful wife like Sister Shanji, he would probably wake up from his dreams with laughter."

Cui Shanji accepted the gift, Song Yi took off his shoes at the entrance, and Chen Zaican heard the noise and came out of the study to meet the guests.

Chen Zaican felt even more satisfied when he saw the cigarettes and wine in Cui Shanji's hands.In fact, no matter in terms of personal wealth or social status, Chen Zaican is far inferior to Song Yi. The fact that Song Yi came to visit him with gifts shows respect for him, the original boss, and shows that Song Yi does not forget his roots.

Chen Zaican told Cui Shanji, "Shanji, look there are no dishes in the refrigerator in the kitchen. Make two special dishes. I will drink some with Song Yi today, and I will also let you try Shanji's cooking today."

Song Yi did not refuse and thanked Cui Shanji, "Sorry to trouble Sister Shanji."

Cui Shanji smiled brightly, "You and Jaechan, go to the study to talk about things. I'll call you when the meal is ready. Today, the children will stay at grandpa's house, and I'll have a drink with you later."

Song Yi entered Chen Zaican's study. The decoration style of the study was very simple, with an entire wall of books, a long desk, and wooden benches on both sides of the desk.

When Song Yi sat down, Chen Zaican prepared something for Song Yi to drink, "Coffee or tea?"

"Tea bar, thank you, Brother Zaican." Song Yi said.In personal interactions, titles are more casual.

Chen Zaican made tea and handed the tea cup to Song Yi, "You gave us this set of purple clay tea sets. Shan Ji likes it very much. She rarely uses it to entertain guests, but she just used it this time."

Song Yi smiled, "Good things are for enjoyment. If they are kept on the shelf, the tea set will lose its own value. If Sister Shanji likes it, I will bring another set next time I return to China."

"Making the best use of everything and making the best use of people's talents is easier said than done. Now I regret agreeing to Jiang Xiuna's move to Xinya. Now Xinhan's newcomers have not grown up, and I have to do many advertising projects myself." Chen Zaican explain.

"How about I let Jiang Xiuna go back?" Song Yi asked tentatively.

Chen Zaican shook his head, "I don't want to be such a bad person. Ever since you founded Xinya, Jiang Xiuna's heart is no longer in Xinhan. She has wanted to join you for a long time. I am not as beautiful as an adult."

Song Yi really admired Chen Zaican's style. If the two of them changed positions, he admitted that he would not be as generous as Chen Zaican.

Chen Zaican originally agreed to Jiang Xiuna's move to Xinya in the hope that Jiang Xiuna could promote the merger of Xinhan and Xinya. As a result, now that Xinya is booming, Chen Zaican has trouble urging Song Yi.

New Asia Media Group's current assets exceed 7000 billion won, while Shinhan's assets are only one-tenth of New Asia's.The later Xinya and Xinhan merge, the weaker Chen Zaican's voice will be in the new company after the merger. "Jiang Xiuna did a good job in Xinya. She really helped me share a lot of things. Now I am comfortable with her. If she were to go back to Xinhan, I would really be reluctant to let her go." Song Yi told the truth.

Chen Zaican smiled. As a boss, everyone likes to have a beautiful and capable female subordinate. "By the way, what do you want to do here today?"

Song Yi and Chen Zaican talked about the New Asia Capital Fund and hoped that Chen Zaican and Cui Shanji could become the first investors of New Asia Capital.

Chen Zaican heard about the reputation of New Asia Capital when he was in the company. With Song Yi's brilliant record in the US stock market, New Asia Capital has become an upstart in the Korean capital market.

Chen Zaican can indeed come up with 100 million US dollars now, and he is not worried that Song Yi will lie to him, "No problem, I just have money on hand now. I was planning to invest it in the stock market, but now I just invested it in New Asia Capital Fund. Don't say anything else. , I definitely believe in your investment vision.”

Song Yi was very grateful to Chen Zaican for his unconditional trust in him, and also talked with Chen Zaican about New Asia Capital's investment plans in the next one or two years.

Chen Zaican knew that Song Yi was trying to dispel his concerns, "As an investment fund, you will definitely be responsible for your customers. It's not like you didn't invest money yourself. If the sky falls, you, a tall man, will still be holding it up. Just go ahead and operate it. Don't worry. I."

The reason why Song Yi wanted to establish New Asia Capital Fund was mainly to acquire the equity of Korea Exchange Bank.

In 03, Korea Exchange Bank sold 51.02% of its shares to Lone Star Fund, and Lone Star Fund made a profit of US$46 billion from the sale of this part of the shares.

Now there is only more than a year left in 03. The B-share market is Song Yi's first pot of gold. The 911 incident shorted U.S. stocks, allowing Song Yi to accumulate his personal wealth to US$5 million.

The 02 Korea-Japan World Cup is Song Yi's next opportunity. Zhou Mengzhun wants to accumulate personal fame through the Korea-Japan World Cup and create favorable conditions for his personal campaign. Song Yi wants to make money through the shady story of the Korea-Japan World Cup. The two of them can be said to get what they get. need.

By the time the World Cup in Korea and Japan is over, Song Yi's personal net worth will almost exceed 10 billion U.S. dollars. If the scale of funds managed by New Asia Capital Fund exceeds 40 billion U.S. dollars, coupled with the support of Song Yuxi's government, Song Yi will indeed have the confidence to acquire funds from Dragon Star Fund. took away control of the Korea Exchange Bank.

If New Asia Capital acquires Korea Exchange Bank, Korea Exchange Bank will be renamed New Asia Bank, and Lee Jae-yong will be a suitable candidate for president.

With a banking license, Song Yi's financial territory can be further expanded to include credit cards, insurance, securities, trusts and small loan businesses.

Of course, in addition to these, Song Yi is preparing to make a big change in South Korea's real estate industry.

Although Song Yi himself benefited from South Korea's all-rental housing system, he leveraged a large amount of capital to invest in the mainland's B-share market to make profits.

In addition to this, Song Yi spent 1800 billion won to acquire real estate along the Cheonggyecheon Stream, and also took advantage of the all-rental housing system. In fact, Song Yi spent a total of 400 billion won to buy 1800 billion won of real estate.

Unlike other consortiums, Song Yi plans to operate in South Korea for a long time. He does not want to see South Korea's real estate explode.If all the leeks are cut off at once, who will Xinya make money from?
Therefore, after Song Yi completes the acquisition of Korea Exchange Bank, New Asia's banks will vigorously promote the mortgage business.Whether it is a new house, a second-hand house or land in the name of an individual or company, you can get a loan from a bank.

Because when many tenants in South Korea choose to rent their entire house, they actually have no way to pay the landlord a deposit, and their deposit is actually borrowed from a bank.

Song Yi is now preparing to close this loophole in the next two to three years and prohibit tenants from taking bank loans to pay deposits.To put it in the most popular terms, Song Yi went through the road of renting a house, and then sealed the road to prevent future generations from walking.

Cui Shanji had almost finished the meal at this time and called Song Yi over to eat.The dinner prepared by Cui Shanji was already quite sumptuous, including miso soup, spicy cabbage soup, soy sauce pork and quail eggs, Andong stewed chicken, and barbecue.Cui Shanji specially prepared Korean beef, which is already the highest etiquette for entertaining guests at home.

The three of them sat around the dining table. Koreans are used to sitting on the floor to eat.Chen Zaican and Song Yi sat face to face, and Cui Shanji sat to the side.

The three of them drank Jinro soju in the evening. Cui Shanji helped Song Yi fill up the wine, "Song Yi, I have always wanted to treat you to a nice meal, but I never had the right opportunity. I just happened to catch it today. Come on, let me pay my respects first. You." Cui Shanji picked up the wine glass, drank it in one gulp, then smacked her lips, savoring the taste.

Chen Zaican looked a little distressed. He knew that Cui Shanji wanted to win over Song Yi, "Shanji, drink slowly. Song Yi is fine tonight. Let's talk while drinking. Today, we mainly want Song Yi to eat well, drink well, and have fun." ."

Song Yi was also very straightforward. He continued to pay tribute to Chen Zaican and Song Yi. The three of them came and went and drank happily.

Song Yi drank until his face was half red, and he felt that he was sixty or seventy percent drunk. He was about to get up and say goodbye. He would definitely not be able to drive today, so he was going to call a substitute driver.

However, Cui Shanji held Song Yi and refused to let her leave. "Sister, I will definitely keep you company today. Why are you in a hurry to go back? Did Taixi call you to urge you to go back?"

Song Yi denied it, but Cui Shanji reminded him, "That's not true. Tae Hee is fine. I'll give her a call and ask her to pick me up."

Cui Shanji smiled and said, "No, I'll call her later. Talk to her and ask her to pick her up. If that doesn't work, you can stay with us for one night and then go back. My sister is really happy recently. You just happened to be here today. When you are a guest, you must have a few more drinks with your sister."

Song Yi was a little strange and looked at Cui Shanji's belly, "Shanji, are you pregnant again?"

Cui Shanji glanced at Song Yi and said, "What nonsense are you talking about? Chen Fuzhen is pregnant!"

Song Yijiu suddenly woke up and organized his words, "Don't Sister Shanji have a normal relationship with Chen Fuzhen? She is pregnant, why are you happy?"

Cui Shanji was very proud. She was a little unsteady and supported Song Yi, "Chen Fuzhen and You Zaizhi were separated and only lived together in the past two months. As a result, Chen Fuzhen became pregnant immediately. You Zaizhi didn't believe that the child in Chen Fuzhen's belly was his, and said Chen Fuzhen cheated. If the child is born, he will ask for a paternity test. Chen Fuzhen's family is currently in a state of chaos. Chen Fuzhen is actually stealing people outside. Do you think I should be happy?"

Song Yi nodded. It seemed that everyone was not a fool. Chen Fuzhen and You Zaizhi had separated before. Chen Fuzhen got pregnant as soon as they moved in together. How could such a coincidence happen?

Maybe Chen Jianxi, Luo Hongxi, and Chen Zaiyong all have suspicions. Maybe Chen Jianxi has already ordered people to investigate the biological father of Chen Fuzhen's child. I just don't know if the Samsung family, with their hands and eyes, will find Song Yi.

Song Yi now feels a bit confused. After all, in addition to Chen Fuzhen, there is also Song Suying who is an insider in this matter. If Song Suying reveals the information to Chen Jianxi, the consequences will be disastrous.

At this time, Song Yi remembered Chen Fuzhen's words that there are only two kinds of people who can keep secrets for a long time, one is the dead and the other is one's own.

When Chen Fuzhen was in the club, he asked Song Yi to drag Song Suying into the water and sleep with Song Suying. In this way, Chen Fuzhen and Song Yi would have a handle on Song Suying, and Song Suying would not be able to expose the scandal of Chen Fuzhen's pregnancy to the outside world.In the end, Song Yi gave up and he couldn't do it. Chen Fuzhen also scolded Song Yi for being a woman.

Song Yi discovered that Chen Fuzhen had not contacted him for several months. Perhaps to avoid suspicion, Song Yi suddenly felt sorry for Chen Fuzhen.Chen Fuzhen is such a proud person, and he may have to deal with the pressure from Chen Jianxi, Luo Hongxi, and You Zaizhi at the same time. So what can he do for Chen Fuzhen?

It is still some time before the child is born. You Zaizhi definitely does not trust Chen Fuzhen and will not agree to go to a Samsung-owned hospital for a paternity test. For the same reason, You Zaizhi will not agree to Chen Fuzhen going to Hyundai Asan Hospital for a paternity test.

There is still plenty of time now. Song Yi may be able to use overseas funds to acquire an American hospital and then reveal the name of the hospital to Chen Fuzhen.As long as Chen Fuzhen and You Zaizhi come to the hospital for a paternity test, Song Yi will find a way to make the child's biological samples match those of You Zaizhi. After all, it is not difficult to accuse a deer of being a horse these days.
(End of this chapter)