I want to be a chaebol - Chapter 269 Where Chen Fuzhen went

“President Chen, as the saying goes, there is no smoke without fire. Since this rumor has been circulating for twenty years, there must be some basis for it. I don’t work in the National Taxation Department or the Procuratorate, so I have no interest in such rumors, but I can’t rule out that some young people are eager to make contributions. , I want to get to the bottom of it, what do you think?” Song Yi’s tone remained unchanged.

“Song Yi, don’t think that Li Yuan can investigate Cui Anyuan just as he can investigate me Chen Jianxi. Samsung and SK are not the same thing. Even if you expose me today and send me to the prosecutor’s office for investigation, I can still come out of the prosecutor’s office unscathed tomorrow. Walking out of the gate, do you believe it or not?” Chen Jianxi was very confident.

“I believe it, of course I believe it. Chairman Chen has been in charge of Samsung for 20 years and has gone through four presidents. You are so majestic. You scolded President Zhong Manyu, and you recommended Director Na’s brother to be the South Korean ambassador to the United States. The National Tax Service and the Prosecutor’s Office are full of acquaintances of Chairman Chen, so even if he is imprisoned, he will receive preferential treatment and sooner or later he will receive a presidential pardon.”

“But President Chen, it’s a trivial matter for you to be imprisoned for a few days. Losing face in front of the Koreans is a big deal. Do you really want to make the headlines of the Korean media again because of tax evasion?” Song Yi asked back.

“Tell me, tell me your conditions. I remind you, don’t make too big a deal. If the price you offer exceeds my psychological expectations, then I would rather break it than live in ruins.” Chen Jianxi didn’t want to be with Song. Yi entangled.

“President Chen should know my purpose of coming.” Song Yi said.

“Song Yi, you bullied my daughter, and I haven’t settled the score with you yet. Now you actually dare to come and threaten me?” Chen Jianxi looked angry.

Song Yi didn’t change his expression, “President Chen, you’re being serious when you say that. Chen Zai-rong has made trouble for me many times, but I haven’t retaliated. It’s normal for everyone to use some means when talking about business. If it wasn’t for reading In the face of Miss Fuzhen, Chen Zaiyong has been provocative one after another. Does President Chen really think that I can’t deal with him?”

Chen Jianxi snorted and did not refute Song Yi’s statement, “Song Yi, I don’t have time to chat with you. It’s not impossible for you to want me to be rich and free.”

“Ever since Xinyu went to work at SA Soft, it’s like she was drunk by you, and she doesn’t want to go back to work at Samsung.”

“If Fuzhen leaves Samsung, Xinyu must return to work at Samsung Networks.” Chen Jianxi stated his conditions.

“President Chen, this is the difference between you and me. You are like the patriarch of the feudal dynasty, you like to tell the truth. Whether it is family affairs or company affairs, you don’t like others to go against your decisions.”

“But I am different from you. I never think that I have the right to decide the fate of others. Miss Xinyu is now the president of Yahoo Korea. She has done a great job in the search business and portal website, and turned the loss-making Yahoo Korea into a profit. It’s remarkable.”

“We at SA Soft have never restricted Ms. Xinyu’s freedom. If Ms. Xinyu plans to return to work at Samsung Networks, I have not set up a non-compete agreement to embarrass Ms. Xinyu. However, if Ms. Xinyu wants to stay in SA Soft continues to work, and naturally I cannot force her to give up her job and return to Samsung Network.”

“Miss Xinyu is an adult. She has the ability and right to decide her own life, instead of becoming a vassal of the family or some people.” Song Yi said bluntly.

When Chen Jianxi heard Song Yi’s words, he couldn’t hold back his anger and smashed the teacup in his hand. The huge noise alerted the servants in Chen Jianxi’s family.

“Song Yi, don’t think that just because you are South Korea’s so-called first world-class rich man, you have the right to tell me, Chen Jianxi, how to educate my daughter. If Xinyu doesn’t return to work at Samsung, don’t expect me to give Fuzhen Freedom, let her leave Samsung.” Chen Jianxi said firmly.

Chen Jianxi’s tea cup almost rubbed Song Yi’s cheek and then hit the corner of the tea room, then fell apart and fell into a ball.

When Teacup and Song Yi passed by each other, Chen Jianxi had been paying attention to Song Yi’s expression. He found that Song Yi was unmoved. He didn’t even blink or dodge subconsciously. Obviously Song Yi was sure that Chen Jianxi would not The tea cup fell on him.

“President Chen, you are wrong. I don’t care about the title of this so-called world-class rich man at all. For our net worth, it doesn’t make much difference if our personal assets are more than one billion U.S. dollars or less than one billion U.S. dollars. Our power comes from the broad influence of our group companies on an industry, not from numerical changes in personal assets.”

“In order to restrict Japan’s semiconductor industry, the United States began to support Samsung to suppress Japan’s semiconductor industry. Only then can Samsung take advantage of the rise of the semiconductor industry to replace Hyundai Group and become South Korea’s largest conglomerate.”

“The semiconductor industry is the lifeblood of Samsung. Without the advantages of the semiconductor industry, Samsung would not be able to become a dominant player in South Korea. After all, South Korea is an export-oriented economy, and Samsung Electronics’ exports account for one-fifth of South Korea’s share. . This is the fundamental reason why Samsung has such a transcendent status in the Korean economy. If another electronics company shakes Samsung’s advantage in the semiconductor industry, or even replaces Samsung’s export share, then Samsung can still maintain its reputation as South Korea’s largest conglomerate. Head?” Song Yi asked Chen Jianxi.

Chen Jianxi looked at Song Yi and remained silent. He was indeed very afraid of Song Yi. In just five years, Song Yi led SA Group to become one of the top ten consortiums in South Korea. If SA Group is given another ten or twenty years of development time, SA Group may not be able to surpass Samsung Group and become South Korea’s top consortium.

“There are many Korean consortiums who want to surpass Samsung, but none have succeeded so far. As long as I am at Samsung, no Korean company can replace our position as Samsung.” Chen Jianxi said very confidently.

“Chairman Chen may be right, but the premise is that Chairman Chen can always control Samsung. If Chairman Chen’s tax evasion of hundreds of billions of won is exposed, if Chairman Chen stays in prison, the prison will also Without computers and phones, even if President Chen lives in a single room, there is no way to control the huge Samsung Group remotely, right?”

“In modern business competition, time is efficiency, and time is the life of an enterprise. A large enterprise with bloated decision-making will eventually be replaced by a more efficient enterprise of the same type.”

“If it is just to compete with Samsung, I should announce the news that Chairman Chen has set up a secret fund account. This can also gain some advantage in decision-making time for us, SA Electronics.”

“But in my opinion, this kind of reporting on the management of competing companies is an off-market move. The competition among large technology companies should be to win the recognition of consumers through better products, more outstanding marketing, and better services. , instead of constantly using unfair competition methods to retaliate against the other party.”

“President Chen, the reason why I came to visit you today is to inform you that we, SA Electronics, will hold the SA Electronics Autumn Product Launch Conference in late September. At this conference, we, SA Electronics, will release consumer electronics products. At that time, our SA Electronics will formally send an invitation letter to your company, and we hope that Chairman Chen can give us some guidance on our SA Electronics’ new products.” Song Yi dropped a big news.

Chen Jianxi is not surprised. Samsung Electronics has also been paying attention to various patents applied by SA Electronics in the field of consumer electronics.

The main business of SA Group is divided into four major sectors: Internet, real estate, media and finance. The revenue and net profit of these four major sectors are very considerable, but Song Yi invested most of the profits in the research and development of SA Electronics. Song Yi tried to support SA Electronics through the four major businesses of SA Group: Internet, real estate, media and finance. In fact, SA Electronics was the trump card that Song Yi had never come up with.

“It seems that the mobile phone project hidden by Chairman Song in the Mainland has finally been revealed? Chairman Song is preparing to send us an invitation letter from Samsung because he is sure that the new mobile phone produced by your company is better than our Samsung’s flagship mobile phone SGH-D900 this year. “?” Chen Jianxi asked cautiously.

“Whether the product is good or not, we have no say. This suspense should be left to SA Electronics’ autumn new product launch conference to reveal.” Song Yi refused to disclose whether SA Electronics’ new digital products are new mobile phones.

It is related to Samsung’s core industry. Chen Jianxi cannot be cautious. Song Yi’s words have already revealed a lot of information.

“One of the two sisters, Fuzhen and Xinyu, must stay at Samsung to supervise Zai Rong. If neither Fuzhen nor Xinyu works at Samsung, I’m worried that Zai Rong will not have a sense of crisis.” Chen Jianxi said his plan.

“President Chen, do you believe what you said? Although Fuzhen is the first female president of Samsung Group, she took over a non-core business such as hotels.”

“Although Samsung has three Fortune 500 companies, Fuzhen did not join Samsung Electronics like her brother, nor did she work at Samsung Cu0026T or Samsung Life Insurance. Anyone who understands the organizational structure of Samsung Group will know that Chairman Chen has not considered Fuzhen at all. If Fuzhen is really trained as an heir, Fuzhen can’t shake her brother’s succession, so why force Fuzhen to stay in Samsung and delay her bright future?” Song Yi mocked.

When Chen Jianxi heard what Song Yi said, Song Yi was very happy, “According to you, if Fuzhen joins SA, she will have more development than if she stayed in Samsung?”

“I previously suggested that Samsung merge Everland and Shilla Hotel to form a new company, Samsung Culture and Tourism. Samsung Culture and Tourism will be responsible for the entire hotel and tourism business of Samsung. The businesses of Shilla Hotel and Samsung Everland already exist. A lot in common.”

“However, Chairman Chen obviously rejected my suggestion due to his family background. In the end, he dismissed Fuzhen from the position of the person in charge of Samsung Everland, and only let Fuzhen manage the Shilla Hotel.”

“President Chen, if you don’t want to cultivate Fuzhen, I will. As long as Fuzhen is willing to join the SA Group, the SA Group will establish SA Culture and Tourism, which will be responsible for managing the SA Group’s hotels, resorts and scenic spots in the mainland.” Song Yi said He revealed his arrangements for Chen Fuzhen.

“President Chen, you have made a good calculation. SA Culture and Tourism just needs a capable helmsman to integrate the SA Group’s hotel and tourism business. How can you poach Fuzhen directly without paying any price?” Isn’t it too cheap for you?” Chen Jianxi felt that Song Yi was having a whim.

“President Chen, this is wrong. I know that you plan to separate the Shilla Hotel from the Samsung Group in the future and let Fu Jin inherit the Shilla Hotel, just like Chairman Chen Myung-hee inherited the Shinsegae Department Store.”

“If Fuzhen helps me manage SA Culture and Tourism, I am willing to give Fuzhen my shares in SA Culture and Tourism as a gift to show my sincerity. I can guarantee that even if Fuzhen no longer works at Samsung, she You can still maintain your current quality of life,” Song Yi said.

When Chen Jianxi heard what Song Yi said, he couldn’t help but feel moved. The biggest problem for Chen Zaiyong to inherit Samsung Group in the future is the high inheritance tax. If Chen Fuzhen can obtain the shares of SA Culture and Tourism, then when Fuzhen inherits Samsung shares in the future, he will be able to mobilize sufficient funds to pay inheritance tax.

If Chen Fuzhen does not work at Samsung, he can help Chen Zaiyong. When Chen Zai-yong inherits Samsung in the future, Chen Fuzhen, his younger sister, can also help Chen Zai-yong stabilize Samsung’s situation and prevent it from being leaderless.

Now Chen Jianxi is mainly speculating on Song Yi’s true thoughts. After all, Song Yi wants to take Chen Fuzhen to leave Samsung and join the SA Cultural Tourism Group. It is better to retreat in order to advance, and use the conditions he has set out to force Chen Jianxi to use Chen Fuzhen more seriously within Samsung, and even wants to use Chen Fuzhen to get involved in Samsung’s management rights. This is the bottom line that Chen Jianxi absolutely cannot tolerate.

“President Song, eggs can never be put in the same basket. Although I currently tend to let Zai Rong take over, Fuzhen is indeed my alternative.”

“When my father chose Samsung’s second-generation successor, I was not his favorite candidate at all. It was only because the eldest brother and second brother failed to live up to expectations that my father handed Samsung over to me. If Fuzhen and Xinyu didn’t keep Working at Samsung, suppose I want to change the heir one day, and Fuzhen and Xinyu never work at Samsung, how can they convince the public?” Chen Jianxi asked tentatively.

“Chairman Chen, your worries are indeed overblown. In fact, for multinational companies of the size of Samsung, many CEO candidates of large companies have also switched jobs from other companies. If Samsung wants to get rid of the fate of a family business, then It is very necessary to introduce a professional manager system.”

“If one day President Chen needs Fuzhen to shoulder the family responsibilities on her shoulders and help her brother inherit Samsung, I believe Fuzhen will not hesitate to stand up and express her support.” Song Yi said.

Chen Jianxi still didn’t let down his guard after hearing Song Yi’s answer. He no longer believes in Chen Fuzhen and feels that Chen Fuzhen and Song Yi are of the same mind. Chen Zairong had attacked Song Yi many times before, but all failed. It is very likely that Chen Fuzhen leaked information from him.

The SA Group has begun to challenge Samsung’s consumer electronics business and chip business. The secret communication between Chen Fuzhen and Song Yi is undoubtedly a betrayal of the Samsung family. This is the key reason why Chen Jianxi placed his beloved daughter Chen Fuzhen under house arrest.

Chen Jianxi’s concept of family affection is relatively weak, and he feels that Song Yi and he are the same kind of people. Although Chen Fuzhen is Song Yi’s woman, for a successful man, a woman is a dispensable accessory.

If he didn’t agree to let Chen Fuzhen go today, maybe as soon as Song Yi left, the prosecutor would start to investigate the case. For Song Yi, he took the initiative to come to rescue Chen Fuzhen once, which was the end of his kindness. If Chen Jianxi refused to let Chen Fuzhen leave, Song Yi might want to watch the fire from the other side and watch the civil strife in the Samsung family.

“Call Fuzhen over and clean the tea room.” Chen Jianxi waved to his secretary.

Chen Fuzhen has been under house arrest by Chen Jianxi for several days. She has received news from her sister Chen Xinyu that Song Yi is preparing to return to Seoul to rescue her.

Chen Fuzhen knew how stubborn his father Chen Jianxi was, but he was not very optimistic about Song Yi’s trip. Who knew that her father actually agreed to her meeting with Song Yi? This was undoubtedly a very good sign.

She walked into the tea room and greeted Chen Jianxi and Song Yi in turn, “Father, President Song, hello.”

Song Yi glanced at Chen Fuzhen. Chen Fuzhen, who was wearing home clothes, looked thinner and a little pale. He couldn’t help feeling a little distressed and nodded, “Fuzhen, long time no see.”

Chen Jianxi looked at Chen Fuzhen, was silent for a long time, and sighed, “Fuzhen, Song Yi just said that he would invite you to serve as the president of SA Cultural Tourism, specializing in managing the hotels, scenic spots and luxury resorts under the SA Group. I have agreed. .”

“Since you are leaving Samsung, the Samsung stocks that your mother and I gave you before will be taken back. These stocks are worth a lot of money. After you leave Samsung, you will have nothing. I hope you will not regret it.” Chen Jianxi reminded.

When Chen Fuzhen heard that Chen Jianxi had agreed to restore her freedom, she raised her head in surprise and said, “Thank you, father. I believe in Song Yi. He will definitely not wrong me.”

Chen Jianxi snorted. Although SA Cultural Tourism Group is not listed on the market, the two properties of AXA Tokyo Luxury Resort and Elysian Ski Resort are worth a lot of money. The value of Song Yi’s shares in SA Culture and Tourism Group is certainly not lower than Chen Fuzhen’s own shares in Shilla Hotel, Samsung Everland and Samsung Life Insurance. Chen Fuzhen was right when he said that Song Yi would not wrong her.

“Although the shares we gave you will have to be taken back, the house we bought for you in Itaewon will still be given to you. If you are unhappy working at SA Culture and Tourism one day, at least you can go back to Seoul and have a place to settle down. I will transfer this house in Itaewon to your name.” Chen Jianxi also showed a trace of his father’s tenderness at this time.

After explaining to Chen Fuzhen, Chen Jianxi looked at Song Yi. He was dissatisfied with Song Yi in every possible way, but his daughter Chen Fuzhen wanted to leave with Song Yi.

“Song Yi, I only have two requirements for Fuzhen’s job. First, she cannot stay in South Korea to work, so as not to cause gossip. Second, Fuzhen cannot work at SA Electronics. Sooner or later, SA Electronics and Samsung Electronics will By becoming a competitor, I, Chen Jianxi’s daughter, cannot help Samsung Electronics’ rivals,” Chen Jianxi stressed.

Song Yi held Chen Fuzhen’s hand and bowed to say goodbye to Chen Jianxi, “I have received President Chen’s request and will comply with it. If President Chen needs my or Fuzhen’s help in the future, please be sure to contact me. Today, I, Song Yi, owe President Chen a favor.”

Chen Jianxi felt a little disdainful. How could he, the dignified president of Samsung, ask for Song Yi? If he can’t solve the problem, Song Yi’s intervention will also be of no help.

He waved his hand and said, “Let’s go as fast as possible before I change my mind. Fuzhen, say hello to your mother before you leave. Even if you go to live and work in the mainland, don’t forget to come back to Seoul for a visit.” Give us a break.”

Chen Fuzhen was also worried that Chi Ze would change, so he did not pack his luggage. He took his son Chen Yuanzhong into the car and left Chen Jianxi’s Hannam-dong residence.

Luo Hong was happy to see that both Chen Fuzhen and his son had left. He was a little reluctant and a little confused. “Jianxi, don’t you doubt Yuan Zhong’s life experience? Song Yi finally came to visit today, why didn’t you ask clearly?”

“Bujin has given up the inheritance rights of Samsung Group and trillions of won in Samsung stocks. It is impossible for Yuan Zhong to inherit Samsung’s shares. Does it matter whether Yuan Zhong’s father is Song Yi or the disappeared Yu Jae-sik?” Chen Jianxi looked at it. Very open.

Song Yi keeps saying that he is willing to give away all the shares of SA Cultural Tourism to Chen Fuzhen. Isn’t it just for Chen Yuanzhong, Chen Fuzhen’s son? How could Song Yi leave such a large industry to outsiders? When things have reached this point, do we still need to ask about some things?

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