I want to be a chaebol - Chapter 262 South Korea’s first world-class rich man

On March 18, Son Ye-jin gave birth to a son, Song Yuanlong, to Song Yi in the presidential suite of Union Hospital in Hong Kong. The baby’s birth weight was six pounds and seven taels.

Liao Yu chose this hospital because its security measures were better. The exterior walls of the hospital building are made of reflective glass to prevent paparazzi from taking sneak shots.

Son Ye-jin stayed in the presidential suite on the top floor of Union Hospital. The cost per night was as high as HK$40,000. If expenses related to confinement were included, it would cost almost HK$800,000.

The security team hired by Liao Yu temporarily increased security manpower in the hospital lobby, parking lot, and on and off the passenger trucks. Liao Yu informed the hospital’s major shareholder Henderson in advance, and the hospital agreed to Liao Yu’s arrangement.

Song Yi’s parents, Sun Yizhen’s parents, Liao Yu and Song Miao were all present. Kim Tae Hee originally planned to fly from Seoul to Hong Kong Island to visit Son Ye Jin, but Song Yi refused.

“You are pregnant yourself, so there is no need to go back and forth like this. There is no need to show sisterhood at this time, otherwise Son Yejin’s parents won’t know how to get along with you when they see you.” Song Yi advised.

Jin Xiyuan revealed the mystery in one sentence, “What our husbands are afraid of is not Son Ye-jin’s parents, but not knowing how to face his father. If my father-in-law sees you and Son Ye-jin at the same time in the delivery room, I guess our husbands will have to be punished again.”

For the sake of his grandson Song Yuanlong, Song Mingzhe did not discipline Song Yi for the first time. The father and son sat together and chatted calmly.

Song Mingzhe looked at the infant Song Yuanlong and sighed with emotion, “We Chinese people value standing at thirty. I had Qi when I was thirty, and you also had Yuanlong at thirty. You are my third Two sons, Yuanlong is also your second son, and this is also a kind of inheritance of destiny.”

Song Yi did not refute Song Mingzhe. If he told Song Mingzhe that Song Yuanlong was his third son and Chen Yuanzhong was his first son, Song Mingzhe would probably have to lecture him again.

“What your mother said actually makes sense, saying that you manage a large enterprise with more than ten thousand employees by yourself. If SA Group was placed in the mainland, it would at least be at the level of a central enterprise. I can’t say enough about your achievements. , definitely less. Your eldest brother died early, and I only have a son like you.”

“If you start a business in China, I can still help you. You are alone in South Korea, so I can’t really help you. On the contrary, you have helped me a lot. I can make some achievements at Bienju University. In fact, The help of SA Group in Bianzhou is also indispensable. The leaders of Liaozhong Province and Bianzhou hope that SA Group can increase investment in Bianzhou. Of course I hope that my hometown can develop better, but at least I have learned not to I am a professor of history, not an economist,” Song Mingzhe said.

“Dad, don’t say that. You have helped me a lot. More than ten years ago, you sent me to Yonsei University to study abroad, and you bought me a house and a car in Seoul. SA can develop to the scale it is now, and it is indispensable. You and your mother gave me this first pot of gold. From childhood to adulthood, I have lived a good life and have not suffered much,” Song Yi said.

“Every generation has a long march. We have different growth experiences. I can’t impose my ideas on you. As parents, we can only remind you more. You are also the father of several children now. Before you make a decision, Think more about your wife and children. After all, the whole family is counting on you, and you must ensure your own safety first.” Song Mingzhe reminded.

Song Yi knew that Song Mingzhe didn’t like him being too close to the Open National Assembly, but in the Confucian business culture circle, no matter where you do business, you must deal with the government.

“Dad, I will pay attention. The congressional hearing years ago has been proven to be a misunderstanding. This situation will never happen again.” Song Yi said.

Song Mingzhe was a little worried. He knew that Song Yi’s words were somewhat untrue. The children of China like to report good news but not bad news. Song Yi was able to gain a foothold in South Korea with such complicated relations and create such a big foundation. Song Mingzhe could only choose to believe in Song Yi.

After Sun Yizhen became pregnant, Sun Yizhen’s parents met Zhou Shulan and Liao Yu two or three times, and this was the first time that her in-law Song Mingzhe met them.

Son Yizhen’s parents knew before that Song Mingzhe was the president of the university and was considered a high-ranking official. Son Ye-jin’s parents are ordinary office workers, and Son Ye-jin protects her family very well. Son Yizhen’s parents didn’t know how to deal with a leader like Song Mingzhe, but fortunately Song Mingzhe was very approachable.

Sun Yizhen called Song Yi over. Song Yi thought that Sun Yizhen was not feeling well, so he quickly walked to the hospital bed and held Sun Yizhen’s hand. “Yizhen, are you feeling uncomfortable somewhere? I’ll call the doctor over.”

Son Yejin shook her head, “Oppa, did your father come here on leave? You two are so busy at work. Now the baby and I are healthy, and my parents are taking care of me. If you two have something to do, go first Just be busy and don’t worry about me.”

“My dad, that’s your father-in-law. He is indeed busier than me. He will stay in Hong Kong Island for one night tonight and will return to the mainland tomorrow. I finally came to Hong Kong Island, so I will definitely stay with you for a few more days.” Song Song Yi said.

Sun Yezhen was very happy, “I was very afraid of teachers when I was studying. Your father was still the president of the university. I saw that he looked so majestic, so I was even more afraid. How dare I call him father-in-law. But my mother-in-law said that Yuanlong’s appearance is very When you were a child, my mother-in-law showed me your 100-year-old photo, and you do look quite similar. I will definitely be like you when you grow up, a handsome guy.”

Song Yi smiled, “Yuanlong’s mother is so beautiful. She will definitely not be ugly when she grows up. It doesn’t matter if she looks like me, but her personality is not like mine. I hope he will be more dedicated in the future.”

Son Yejin touched Song Yi’s face, “Oppa has a very good personality, and being passionate is not a sin. If Oppa is a dedicated person, wouldn’t I have no chance to be with Oppa?” “

When Son Ye-jin’s mother heard her daughter’s unabashed confession, she coughed twice and signaled her daughter to keep a low profile. There were so many people in the delivery room, so there was no need to show affection at this time. Some father-in-laws and mothers-in-law are more serious people and cannot bear to see their son and daughter-in-law showing intimacy in public.

Song Yi knew that Sun Yizhen was reluctant to let go of his son. He touched Sun Yizhen’s forehead and said softly: “If you want to take Yuan Long by your side to raise him, I will support you. I will do the work of my parents and sister-in-law, and it will not affect me. Yuanlong’s future future.”

Sun Yizhen did not hesitate, “We have to make a promise, and how can we go back on what we promised to my parents-in-law? Miaomiao was raised by her grandparents. She is smart, sensible and polite. My sister-in-law made it easier for me to see the child. New Asia Culture Media said in the future I will make a few Chinese-Korean joint venture films, and maybe I will be able to make a splash in the mainland film market in the future.”

In the past two years, many Korean actresses have come to the mainland to film TV series. Cai Lin starred in “Love in the Aegean Sea” and “The Yang Family Tiger General”, Jang Nara starred in “The Unruly Princess”, and Park Si-yeon starred in the three characters in “The Lotus Lantern”. Holy Mother, the Three Holy Mothers starring Park Si-yeon is also known as the most beautiful Three Holy Mothers. However, except for Cai Lin who became the daughter-in-law of China, the other two actresses later faded out of the entertainment industry.

Although Korean actresses are emerging in the mainland TV drama industry, mainland film companies are not yet in the habit of using Korean actors.

“If you come to the mainland to make a movie, unless it is a movie invested by Xinya itself, you won’t be able to get a good role, and it will be even harder to win an award. If you want to make a TV series, I can help you find some good roles. Book.” Song Yi said.

Son Ye-jin didn’t care, “Oppa, before Won-ryong was born, I always hoped to make a breakthrough in my acting career, at least to win a three-grand Best Actress award and catch up with Jun Ji-hyun. After my son was born, my thoughts I have changed. I just want to spend more time with my children. For me, acting is really just work. As long as there is a good script, it doesn’t matter whether it is a movie or a TV series. I live in Hong Kong Island After so long, I have learned Cantonese and Mandarin, and I am just waiting to go to the mainland to show off my skills.”

“Okay, I understand, I will help you keep an eye on it. Your first priority right now is to take good care of your body, and there is no need to rush into filming.” Song Yi comforted Son Yejin.

Song Yi stayed in Hong Kong Island for almost a week, and Son Yezhen was also discharged from the hospital and moved back to the Mid-Levels Villa. The senior management team of New Asia Network also rushed to Hong Kong Island from the mainland to join Song Yi. Song Yi will take the senior management team of New Asia Network to visit various securities firms and investment institutions in Hong Kong Island to finalize the key to the listing of New Asia Network matter.

On March 23, New Asia Network opened its IPO and ended at 12:00 on March 26. According to the announcement of New Asia Network Hong Kong Stock Exchange, New Asia Network plans to be listed on the main board of Hong Kong Stock Exchange on April 3. New Asia Network will issue 66.66 million shares globally, with the global issuance price ranging from HK$55 to HK$92.

According to the news, Deutsche Bank, NetEase, Penguin and Songyunfeng Fund will participate in the stock issuance of New Asia Network as cornerstone investors. These four institutions have subscribed for a total of US$78 million in shares of New Asia Network.

According to the prospectus submitted by New Asia Network, investors on Hong Kong Island finally got New Asia Network’s 2005 annual report. Hong Kong Island investors can finally see the full picture of Mainland China’s No. 1 online game company.

The annual report shows that New Asia Network’s revenue in 2005 totaled 3.026 billion yuan, and its net profit in 2005 was 1.1292 billion yuan. The main revenue of New Asia Network comes from the advertising revenue of “Legend of Blood”, “Legendary World”, “World of Warcraft”, New Asia Game Hall and Xiaonei Network.

Last year, New Asia Network won the agency rights for Blizzard’s game “World of Warcraft” for the next five years at a sky-high agency fee of US$25 million, a 17% profit share and an independent computer room construction fee of US$60 million. If New Asia Network’s early promotion expenses for “World of Warcraft” are included, New Asia Network spent a total of 100 million US dollars on “World of Warcraft”.

At that time, Zhu Jun from Ninetowns Games offered 13 million US dollars and a 22% profit share but did not impress Blizzard. As Blizzard said, the reason why they chose New Asia Network instead of Ninetowns was mainly because of New Asia Network’s previous successful experience in operating “Legend of Blood”.

Compared with Sina’s acquisition of the agency rights for South Korea’s top online game “Lineage 2” for US$10 million, the price of Sina Network’s agency for “World of Warcraft” is astronomical.

The order Song Yi gave to Li Yu, general manager of New Asia Network at that time, was to “obtain the agency rights of “World of Warcraft” in the mainland at all costs. If other online game companies in the mainland are allowed to obtain the agency rights of “World of Warcraft”, then It directly threatens New Asia Network’s market position as the largest online gaming company in mainland China, and may even affect New Asia Network’s valuation after its listing.”

Like “Legend”, New Asia Network’s gamble was successful again. In the six months since New Asia Network obtained the agency rights for “World of Warcraft”, it has contributed as much as RMB 800 million in revenue to New Asia Network.

If the current trend is followed, the online game “World of Warcraft” will bring at least 2 billion yuan in revenue to New Asia Network every year, leaving competitors such as NetEase, Penguin, and Shanda far behind.

The financial report released by New Asia Network has obviously ignited the enthusiasm of Hong Kong Island investors. On April 3, New Asia Network was officially listed on the main board of the Hong Kong Stock Exchange, with a stock issue price of HK$85 per share.

Calculated based on the issue price, New Asia Network’s total market value is HK$51 billion, and the IPO raised HK$5.66661 billion.

When the Hong Kong stock market opened on April 3, New Asia Network’s share price rose 4%, with the share price fixed at HK$88.40. New Asia Network’s market value is almost three times that of Penguin.

During Penguin’s IPO in June 2004, a total of 2.416 billion shares were issued at an issue price of HK$0.74, and a total of HK$1.8 billion was raised. The funds raised by New Asia Network in this IPO are almost three times that of Penguin.

After New Asia Network completed its listing, Song Yi announced his resignation as chairman of the board of directors of New Asia Network. Li Yu, general manager of New Asia Network, took over as chairman of the board of directors of New Asia Network. Guo Haibin, deputy general manager of New Asia Network, became president of New Asia Network. manager.

According to data disclosed by the Hong Kong Stock Exchange, the Song Yi family holds a total of 55% of New Asia Network shares and is the largest shareholder of New Asia Network. The total value of these shares is HK$29.172 billion.

Although New Asia Network is listed on the Hong Kong Stock Exchange, it has attracted the attention of Korean media. Chosun Ilbo, Dong-A Ilbo and Hong Kong Stock Exchange all sent reporters to Hong Kong Island to report on the grand occasion of New Asia Network.

The Dong-A Ilbo’s headline was “For the first time, South Korea has a super rich man worth tens of billions of dollars.” Financial reporters from KBS, MBC and SBS TV stations discussed the growing wealth gap between the current richest man Song Yi and the former richest man Chen Jianxi.

Chen Jianxi’s current personal net worth is around US$4.5 billion, while Song Yi’s personal net worth has exceeded US$8 billion, which is almost twice that of Chen Jianxi. As the high-quality subsidiaries of SA Group enter an intensive listing period, the wealth gap between Song Yi and Chen Jianxi will only become wider.

According to the KBS TV commentator, Samsung is indeed a world-class company, but Chen Jianxi can only be regarded as an Asian-level rich man, not a world-class rich man. After all, the Chen Jianxi family holds too few Samsung stocks, and most of them are controlled on Wall Street. In the hands of capital.

The biggest difference between Song Yi and Chen Jianxi is that he holds the majority of shares in SA companies. The market value of SA Group is only one-third that of Samsung Group, and Song Yi’s personal wealth is already twice that of Chen Jianxi.

Song Yi is also the first world-class rich man in Korean history. After SA Soft is listed, Song Yi’s personal net worth will exceed 10 billion U.S. dollars, making him a billion-dollar super rich like Bill Gates and Warren Buffett.

KBS is South Korea’s state-owned television station, and KBS’s reports are basically officially certified. Since then, Song Yi has gained the title of South Korea’s first world-class rich man. In a sense, this title is also a talisman for Song Yi. After all, it is not easy for South Korea to have a world-class rich man. No matter who wants to touch Song Yi, it depends on whether the Koreans agree.

Mother and daughter Ryu Hye-young and Seo Joo-hyun also read this KBS report. Seo Joo-hyun was still calculating how many zeros there were after 8 billion US dollars.

Liu Huiying then remembered that Song Yi gave Xu Zhuxian 50,000 shares of Xinya Network stock as lucky money during the Spring Festival. The market value of these shares now exceeds HK$4 million. You know, 4 million Hong Kong dollars can already buy a pretty good apartment in a prosperous area of ​​Seoul.

“Zhuxian, it seems that the New Year’s money given to you by Song Yi during the Spring Festival is a bit too expensive. It’s not our money that we can’t take. When Song Yi comes back from the mainland, I will take you to Song Yi’s house as a guest and return these shares to him. , okay?” Liu Huiying said to Xu Zhuxian.

Xu Zhuxian nodded, “Oh Mom, I think so too. But can you tell Brother Song Yi if you can leave me 100 shares as a souvenir? After all, this is the first time I have received such commemorative New Year’s money. .”

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