Silicon Valley

Chapter 405: Disaster from Xiao Qiang

cj group is a very potential group company. After the Asian financial crisis, cj group has expanded its business to the fields of media, entertainment, finance, information and communication, and has rapidly developed into one of the top ten groups in South Korea. It has made great achievements!

In the entertainment media business, CJ-E\u0026amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;M is the No. 1 entertainment media company in Korea, through participation in TV media , movies, performances, music, animation and other fields, walking at the forefront of the internationalization of Korean culture, and conveying emotion and fun to global audiences. Its M-Company is the largest music entertainment company in Asia and the most famous online commercial channel in South Korea. It can independently produce complete entertainment and music programs, which are broadcast every day. M- has taken the lead in leading the entertainment media in South Korea, solidifying its position as the largest music site in South Korea with rich music content formats and high customer loyalty. The company has also cultivated many famous artists, such as the beautiful singer Sun Danfei, the women's day group T-ara, the "ability person" Kim Jong Kook, and many more...

The M-Asia Music Awards (mama Awards) has also become one of the most important events in the Korean music industry, with many well-known artists and bands attending the ceremony, such as Super-Junior, Girls' Generation, SHINee, T-ara, 2PM, SISTAR, BEAST , Big-Bang, 2NE1, TVXQ and other highly rated artists active in Korea.

At the same time, CGV Star Party Cinema is also a subsidiary of South Korea's CJ Group, and it is also the largest cinema company in South Korea, dedicated to the investment, construction and operation of multi-hall high-end luxury cinemas.

In the food and catering business, Dolejo Day, Tushang Coffee, bibig Bibigo, VIPS, etc., are the must-see places for Korean foodies...

...

Li Mengxi, chairman of cj group, is the eldest brother of Samsung chairman Li Jianxi. At this moment, the two are fighting for the family property.

Originally, Li Mengxi was designated as the heir of Samsung Group in the 1960s, but in 1966, when he worked in a fertilizer factory under Samsung, he unknowingly became greedy and smuggled 56 tons of chemical raw materials from Japan. Unfortunately, this was discovered. After that, he lost the favor of Samsung founder Li Bingzhe. In the end, Li Mengxi just inherited CheilJedang Company and established his own business, and renamed CheilJedang as CJ Group. Originally it was the emperor's life, but who would have expected it to become a prince in the end, it would be unwilling to put it on anyone...

CJ Group is just a small food company branched out from Samsung, of course Li Mengxi is not satisfied. He accused Li Jianxi and said, "Li Jianxi almost monopolizes the entire Samsung Group, which is not fair! I am the eldest brother, and Samsung's assets should be distributed to me a little more. But Li Jianxi's greed not to give a cent will inevitably lead to the fraternity of brothers and the court!"

Li Jianxi said in a cold and firm tone, "No one will think that Li Mengxi is the eldest grandson of our Li family and my Li Jianxi's eldest brother!", "He is already a person who has been kicked out of our house!!!", "Although he himself said that he is the eldest grandson and eldest son of Samsung, all the family members, including me, don't think so. We will never allow him to participate in our family's sacrifice!!!"

The competition between Li Mengxi and Li Jianxi for family property naturally also affected the company. It can be said that at this stage, the cj group is too unstable due to internal and external troubles. Therefore, the timing of Henry's acquisition of cj group is just right! When Henry said he wanted to acquire the cj group, a large part of the shareholders of the cj group were quite moved.

However, as the company's largest shareholder, Li Mengxi holds about 31.6% of the shares and has a great say. At the same time, there are many shareholders on his side. If Li Mengxi does not support Henry's acquisition of cj group, then the acquisition will be difficult!

In the first round of discussions, the $5 billion acquisition price of 75% failed to satisfy Li Mengxi. If it weren't for the Asian financial turmoil, the market value of cj group would have been at least $10 billion! In addition, the cj group is Li Mengxi's career after he established himself, and he will not give up easily! Therefore, the first round of negotiations ended in failure.

After Henry received the news, he frowned and pondered. In the Asian financial crisis, cj group has not reached the level of bankruptcy. Henry has studied the development process of cj group, which is basically based on the food industry and developed step by step. Although it is also diversified, it is stable and not aggressive. In addition, the main business of cj group is food production. People can not have entertainment, but they have to eat. The loss of cj group is small. Therefore, the cj group is very strong and can fully weather the financial crisis.

Henry paced a few steps in the office and suddenly thought that Li Mengxi and Samsung Chairman Li Jianxi were fighting for the family property. Isn't this a breakthrough? Henry's mouth rose slightly and he smiled. If he could help Li Mengxi and Li Jianxi compete for Samsung's property, Li Mengxi might not value the cj group so much, maybe he would agree to buy the cj group by himself.

At the same time, Samsung Chairman Li Jianxi has Li Mengxi looking for trouble and distracting him, and Samsung's development will definitely be much slower.

Fortresses are easiest to break from the inside!

Li Bingzhe has three sons, the eldest son Li Mengxi, the second son Li Changxi, and the youngest is Li Jianxi. At that time, in the "Prince Rebellion" of the Samsung Empire, Li Bingzhe imprisoned Li Changxi in order to make Li Jianxi come to power, and tried to imprison him in a mental hospital in the name of his eldest son Li Mengxi suffering from paranoia. After Lee Byung-cheol's death, Lee Kun-hee successfully inherited Samsung. How can Li Jianxi's two brothers be convinced?

Now it's just Li Mengxi and Li Jianxi arguing, Henry thought, and he also brought Li Changxi in to challenge Li Jianxi together.

Wouldn't it be more interesting for the three brothers to "war"?

However, at present, it is still necessary to get Li Mengxi first and acquire the cj group in one fell swoop. Henry immediately sent someone to inform Li Mengxi, saying: "Mr. Li Mengxi, our boss, Mr. Williams, heard that you are fighting for property with Samsung Chairman Li Jianxi. Therefore, he intends to occupy your side and use his personal connections and propaganda power to fight against You show your support! And of course, the strongest legal team..."

Li Mengxi knows that there is no good thing in the world that falls from the sky, so why do others help you for no reason? He was like a mirror in his heart, since Henry expressed his support for him like this, he must have something to ask for, and he had to give something. Obviously, Henry wants to buy the cj group...

That night, Li Mengxi didn't sleep all night, he was thinking about this issue.

Henry, who was far away in the United States, leaned lazily on the chair, as if he was holding a wisdom pearl. He picked up the red wine glass on the table, took a sip, and smiled lightly at Kaelina who was sitting beside him: "It's a disaster for Xiao Qiang... Hehe, Li Jianxi has a headache. It seems that it won't be long before we If he can win the CJ Group, Li Mengxi will definitely not let go of Samsung! There was a chance to be the 'Samsung Emperor' before him, but he didn't cherish it, and he didn't regret it until he lost it. If I give him another chance , he will definitely say, I want to get back what I lost!"

Kaelina laughed when she heard the words "Puchi". Obviously, she could hear that Henry was teasing Li Mengxi with the classic dialogue from "The Westward Journey: Cinderella".

...

(To be continued ~^~)

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