The next morning, Song Yi picked up Mark Soster at Incheon Airport. Soster hugged Song Yi as soon as he came up, "President, I'm sorry, I just flew here after finishing work, I hope I won't interfere with your work?"
"It's okay, I just arrived yesterday too. Mark, this is Song Jingyan from SA Bank's investment department. Jingyan, this is Mark Soster, the president of Blue Ocean Capital Fund." Song Yi made an introduction.
Mark Soster shook hands with Song Jingyan. "Hello, just call me Mark."
"Chairman, I have contacted the Samsung Group's secretariat in advance and arranged a meeting time with Chairman Chen Jianxi. He happens to be free in the morning, so we can set off now." Mark Soster said.
Mark Soest was actually a little curious about the love story between Song Yi and Chen Fuzhen. Song Yi is the richest man in South Korea, and Chen Fuzhen is the first female billionaire in South Korea with assets exceeding 1 trillion won. If Song Yi and Chen Fuzhen were in a state of one unmarried and the other unmarried, Song Yi and Chen Fuzhen would be a strong combination. No matter how dissatisfied Chen Jianxi was, he would not stop his daughter from marrying Song Yi.
The problem now is that Samsung's eldest princess Chen Fuzhen was willing to be Song Yi's lover after her divorce, which made the former richest man Chen Jianxi not know where to put his face. He thought that Chen Fuzhen's behavior had lost the face of the Samsung family, so he chose to place Chen Fuzhen under house arrest in a fit of anger and strongly demanded that Chen Fuzhen and Song Yi break up.
Chen Jianxi's secretary received a call from Mark Soster and immediately reported to Chen Jianxi, "President, Mr. Mark Soster of Blue Ocean Capital has already got off the plane and will visit you in about half an hour."
Chen Jianxi's face turned unfriendly when he heard the name Mark Soster. "I knew Song Yi wasn't such a kind person. It turns out he had this trick up his sleeve. I haven't even settled accounts with Song Yi yet, but he still had the nerve to come and provoke me. Does he think that I won't dare to touch him because he has Song Yuxi's support?"
Luo Hongxi was supposed to attend an event at the Leeum Art Museum today, but he postponed it because of Mark Soster's visit.
"Things have come to this point. Are there any other solutions? I heard that Song Yi and Kim Tae-hee got their marriage certificate in the United States, but not in Korea. If Song Yi is willing to leave Kim Tae-hee and marry Fu Jin, it's not impossible." Luo Hongxi made a suggestion.
"If Song Yi wanted to marry Fu Zhen, why did he marry Kim Tae Hee in the first place? Now Kim Tae Hee has given birth to children for Song Yi, and Song Yi even held a one-year-old party for the children in Seoul. How could Song Yi divorce Kim Tae Hee for Fu Zhen?" Chen Jianxi felt that Luo Hongxi's suggestion was fantastic.
"Then what do you say we should do now? Fu Zhen's personality is most like yours. She will not give up until she achieves her goal. She would rather give up her shares in Samsung than continue to be with Song Yi in such an anonymous way. Do you really intend to keep her at home for the rest of her life?" Luo Hongxi said.
Chen Jianxi felt a headache when he thought of his stubborn eldest daughter. Chen Fuzhen did inherit his business talent and tenacious character, but it was a pity that Chen Fuzhen was a daughter.
Chen Jianxi's residence in Hannam-dong is the most expensive independent residence in South Korea. The entire residence covers an area of 1,245 square meters and the total price is almost over 40 billion won. In addition to the residence in Hannam-dong, Chen Jianxi also has a super luxury house of 3,422 square meters in Itaewon, which is the second most expensive luxury house in South Korea.
Chen Jianxi usually lives in a house in Hannam-dong and works, and rarely goes to Samsung's office building. Every time Chen Jianxi goes to the Samsung headquarters building, Samsung needs to lay out the carpet and prepare for the reception in advance.
When he went to the Samsung Building, he did not allow employees to stand at the windows to observe him, because he could not tolerate others standing high up and looking down at him.
When Song Jingyan heard Song Yi talking about the rumors about Chen Jianxi's work on the road, she realized how domineering Chen Jianxi was. It was not easy for Song Yi to successfully rescue Chen Fuzhen and her son. Chen Jianxi would not compromise with Song Yi so easily.
Mark Soster also raised his question at this time, "President, why don't we raise the question in the Shilla Hotel's board of directors, but choose to visit President Chen Jianxi in person?"
"We raised questions at the board meeting, and all we will receive is an official response from Samsung. I don't want Chen Jianxi to find an excuse to brush me off. This time we came to her house, apart from anything else, at least we have the opportunity to meet with President Chen Fuzhen and confirm her personal safety," said Song Yi.
Mark Soster was a little puzzled. "After all, Chen Fuzhen is Chen Jianxi's daughter. He had promised Chen Fuzhen to marry his bodyguard. President, why do you think Chen Jianxi would be so cruel to Chen Fuzhen?"
In another time and space, Chen Jianxi disagreed with the relationship between his youngest daughter Chen Xinyu and her boyfriend Zhao Wenyu, and the desperate Chen Xinyu hanged herself in her New York apartment. In order to save face, the Samsung family said that Chen Xinyu died accidentally.
With the previous experience of Chen Xinyu, Song Yi really didn't dare to gamble. He also understood Chen Fuzhen's character. If Chen Fuzhen agreed to Chen Jianxi and drew a clear line with Song Yi, then Chen Fuzhen would really have no contact with Song Yi until he died. Only after Chen Jianxi passed away, the relationship between him and Chen Fuzhen could be eased.
Song Yi introduced the feud between the three Chen brothers to Mark Soest. When Mark Soest heard that Chen Jianxi's eldest brother Chen Mengxi lived in seclusion in Yanjing and the second brother Chen Changxi died in a mental hospital, Mark Soest sighed, "Sure enough, the more people stand at the pinnacle of power and wealth, the less they care about family affection."
"There is an old Chinese saying that the imperial family is the most ruthless. All legitimate heirs to the emperor want to inherit the throne. After all, the whole world belongs to the emperor, and all the people are his subjects. As the largest financial group in South Korea, Samsung Group has deeply influenced the food, clothing, housing and transportation of Koreans. From the time you are born, go to school, work, buy a house to the time you die, you have to deal with Samsung."
"The reason why Samsung was able to maintain superficial harmony with SA Group before was mainly because SA Group did not launch a strong challenge to Samsung's main consumer electronics business."
"Now that the semiconductor factory in Liangxi has been put into production, SA Electronics is preparing to invest in a semiconductor factory in Qin Gaoguan'an City. Chen Jianxi knows that our SA Group will enter the consumer electronics business sooner or later. Chen Fuzhen's cooperation with SA Group, including Chen Fuzhen and my personal relationship, means Chen Fuzhen's betrayal of Samsung, which is what Chen Jianxi cannot tolerate the most."
"The Samsung Empire looks very powerful, but the Samsung family's control over Samsung's subsidiaries is actually very weak, because the proportion of shares held by Samsung family members in each subsidiary is not high."
"This time, I actually want to take advantage of the opportunity of Chen Fuzhen being dismissed as the president of Shilla Hotel to test the depth of the Samsung family. If Blue Ocean Capital Fund absorbs shares of Shilla Hotel from the market and challenges the Samsung family's control over Shilla Hotel, will the Samsung family launch a counter-takeover against Blue Ocean Capital in order to maintain control of Shilla Hotel, or will it make a drastic decision and hand over Shilla Hotel to others?" Song Yi said.
Mark Soster became interested. "A lot of investors on Wall Street are interested in the control of Samsung, but Samsung has the support of the Korean government and Koreans, so these venture funds have returned empty-handed. President, are you simply interested in the control of the Shilla Hotel, or are you interested in Samsung as a whole?"
"Most of Samsung's shares are in the hands of Wall Street capital. What's the point of me acquiring Samsung's shares if I can't get Samsung's decision-making power? Moreover, if I want to control Samsung Electronics, the funds required are massive. I estimate that at least 30 to 50 billion US dollars will be needed. An acquisition of this scale is too painful, and it may even require mortgaging the equity of many high-quality subsidiaries of SA Group. I don't have such an appetite." Song Yi said.
Mark Soster knew that Song Yi was holding back. Song Yi had already established contact with Chen Fuzhen so early. No one would believe him if he said that he had no idea about Samsung Group. In the late 1990s, Daewoo Group went bankrupt, and many of Daewoo Group's high-quality assets were divided up by several other conglomerates. South Korea's territory is so large that the market vacated by the bankruptcy of a large conglomerate will soon be divided up by several other properties.
Song Yi's convoy drove directly into Chen Jianxi's Hannam-dong residence. The brass door of the residence opened wide to welcome the arrival of Song Yi and his party.
When Song Yi got off the car, Chen Jianxi's secretary was waiting in the parking lot. He gestured, "Chairman Song, Mr. Mark Soster, our president is waiting for you in the tea room."
Song Yi laughed and said loudly, "Chairman Chen is so arrogant. Guests have come to the door, but the host is unwilling to even step out of the door. Is this how the Samsung family entertains guests?"
Luo Hongxi, who was watering the flowers in the courtyard, heard Song Yi's voice and was very annoyed. "Song Yi is so rude. He knew that he was not welcome in our house, but he deliberately made a loud noise and didn't take us seriously at all."
She could only put the watering can aside and moved to the parking lot. She pretended to have just seen Song Yi and asked, "President Song, what brought you to our house today?"
Luo Hongxi's meaning was very clear. The person we invited was Mark Soster. Why did you come here to invite him? We in the Samsung family do not welcome you.
Song Yi was thick-skinned and pretended not to hear what Luo Hongxi said. "Director Luo, I have been friends with Mark Soster, the president of Blue Ocean Capital, for many years. This is his first time visiting Seoul. I was afraid that he couldn't find Chairman Chen's home, so I kindly sent him here."
Luo Hongxi didn't expect Song Yi to be so shameless and lie without hesitation. He ordered him to leave. "Really? Thank you very much for your kindness, President Song. Now that the person has been sent here, can you go back?"
Song Yi's face turned serious. "Director Luo, this is your fault. I have traveled a long way to bring Mark here. I am very tired and thirsty. Your daughter, Miss Ai Fuzhen, and I have been friends for many years. Since I am visiting a good friend's home, Director Luo, don't you want to buy me a cup of tea?"
When Luo Hongxi heard Song Yi say that he and Chen Fuzhen had been friends for many years, he became even angrier. Song Yi was taking advantage of him.
"President Song is indeed sharp-tongued and eloquent. Could this be the secret of President Song's success in being able to have affairs with other women even though he is already married and has children?" Luo Hongxi said lightly.
Seeing that Song Yi was stabbed by Luo Hongxi's soft nail, Song Jingyan almost laughed out loud. No matter what, Song Yi, as a married man, hooked up with the eldest princess of Samsung, it is always your fault. If Song Yi and Chen Fuzhen were unmarried, even if the two of them were rumored to be in a relationship, it would not make Chen Jianxi and his wife so angry.
At this time, Chen Jianxi also walked out of the tea room and slowly came to the courtyard. He pretended not to know about the verbal conflict between Song Yi and Luo Hongxi.
"President Song, Mr. Mark Soster, welcome to our home."
After Chen Jianxi greeted Song Yi, he saw Song Jingyan behind him and showed a surprised expression, "So Miss Jingyan is here too. Miss Jingyan is standing behind President Song. I almost thought she was President Song's secretary."
Song Jingyan nodded and greeted them quickly, "President Chen, Director Luo, hello. I came here this time because the SA Bank Investment Department has a business related to the Shilla Hotel, so I came here specially to visit Sister Fuzhen."
Chen Jianxi's smile faded immediately. He certainly knew why Song Yi brought Song Jingyan to visit. Song Jingyan, the president's daughter, accompanied Song Yi to visit Chen Jianxi's home. If Song Yi could not leave safely, then the Samsung family would have to bear the wrath of President Song Yuxi.
"I was busy making tea in the tea room just now, so I didn't go to the door to greet you. President Song, you won't mind my little impoliteness, right?" Chen Jianxi said meaningfully.
Song Yi looked calm, "How could that be? President Chen is too polite. The guest of honor today is Mark, and I am just accompanying him. It is an honor for me, Song Yi, to have the opportunity to drink the delicious tea brewed by President Chen himself."
Chen Jianxi walked in front, and Song Yi and his group followed behind, passing through the long corridor and then entering the tea room.
This teahouse is decorated in Chinese style, with elegant ink colors and mahogany layout. On one side is a screen, and on the other side is a transparent French window, with some bamboos planted outside the window. A big word "Zen" is written on the screen, giving people a sense of the beauty of "a secluded path leads to a secluded place, and a Zen room is full of flowers and trees".
Chen Jianxi sat down first, "President Song, Mr. Soster, Miss Jingyan, please take a seat."
He poured a cup of tea for Song Yi, Mark Soster, and Song Jingyan in turn. Song Yi picked up the cup, took a sip, and praised, "It leaves a lingering fragrance on your lips and teeth. It is indeed the best Biluochun, with a breathtaking aroma."
Chen Jianxi is good at thinking, not good at talking, and has a relatively introverted personality, which is very different from Song Yi's extroverted personality.
"Chairman Song, the relationship between Samsung and SA is not harmonious. If you just drink it, aren't you afraid that I will tamper with the tea?" Chen Jianxi said calmly.
Song Jingyan was about to drink tea, but when she heard Chen Jianxi say this, she put the teacup back to its original place.
Song Yi smiled. "If President Chen wants to get rid of me, Song Yi, there are a hundred ways to do it. Poisoning the tea is undoubtedly the stupidest way. President Chen is such a smart person, he will definitely not use such a stupid method."
"Really? Chairman Song, since you know that I have a hundred ways to get rid of you, why do you dare to ruin my daughter's reputation? Are you taking advantage of the fact that Samsung has no one?" Chen Jianxi asked slowly.
Song Yi knew that there was no easy-going person in the Samsung family, and Chen Jianxi was undoubtedly much more experienced than Chen Zairong. Chen Zairong had been influenced by Chen Jianxi, but he had not learned even 50% of Chen Jianxi's abilities.
"President Chen, you're joking. Both Miss Fuzhen and Miss Xinyu have a very good reputation in Korea. I respect them very much. President Chen, do you think you have any misunderstanding about me, Song Yi?" Song Yi pretended to be stupid.
Song Yi has not met Chen Fuzhen yet, and has not figured out how Chen Jianxi discovered the true relationship between him and Chen Fuzhen, so he will deny it first. When Chen Jianxi produces evidence, he will respond accordingly.
Seeing Song Yi's stubborn attitude, Chen Jianxi became even more annoyed with him. "If this is President Song's attitude, then we have nothing to discuss. Please go back."
Song Yi glanced at Mark Soster, who understood. "Chairman Chen, I heard that you dismissed President Chen Fuzhen from her position. As an important shareholder of Shilla Hotel, our Blue Ocean Capital is very concerned about this personnel change, which is also related to the vital interests of our shareholders. May I ask if President Chen Fuzhen is at home? We would like to meet her and ask about the reason."
Chen Jianxi was unmoved when he heard what Mark Soster said. "This is an internal matter of our family. I have nothing to explain to you, Blue Ocean Capital. Fuzhen is not feeling well right now. She is recuperating at home and it is not convenient for her to meet outsiders."
Song Yi immediately showed his concern, "President Chen, is Fu Zhen sick? As Fu Zhen's good friend, I should go visit her. I'll go there now."
When Chen Jianxi heard Song Yi say this, he put the teacup on the table and said, "How dare you! Song Yi, what do you think this place is? How can I, Chen Jianxi, discipline my daughter? Do I need you to teach me?"
Song Yi said, "How Chairman Song disciplines his daughter is your family's private matter, so it's not convenient for me to interfere. But Samsung dismissed Chen Fuzhen from the position of president of Shilla Hotel, and didn't even hold a board meeting. Mark and I both received the news from the newspaper. Do you really regard Shilla Hotel as your private property?"
"If Chairman Song is not satisfied with my approach and wants to sell his shares in Shilla Hotel, I welcome you at any time. Although I am not as rich as Chairman Song, it is no problem for me to take over these shares." Chen Jianxi's attitude was very cold.
Song Yi said to Mark Soster and Song Jingyan, "The bamboo in President Chen's yard is growing well, and the scenery is beautiful. You two can go take a walk in the yard. President Chen and I have something private to discuss."
Mark Soster and Song Jingyan were a little confused, but they still obediently left the tea room.
"Chairman Song, there is no one else in the tea room now. Just say whatever you want to say." Chen Jianxi's attitude was still cold.
"President Chen, I gained a lot from my visit to the mainland this time. I also met Uncle Meng Xi in Yanjing."
"I heard a very interesting rumor. It is said that in order to smoothly hand over Samsung to you as the successor, Chairman Chen Bingzhe privately set up thousands of accounts in Samsung Securities and Woori Bank to manage more than 4 trillion won of secret funds in order to evade South Korea's high inheritance tax. He is suspected of evading hundreds of billions of won in taxes."
"President Chen, after hearing this news, I think this rumor is nonsense. President Chen, you are so cautious in doing things, how could you make such a low-level mistake, what do you think?" A faint smile appeared on Song Yi's face.
When Chen Jianxi heard Song Yi say this, his heart was in turmoil, but his face became calmer. "President Song said it was just a rumor, why did you mention it today?"
It won't have a bad ending, it will definitely be completed. I was busy with work in December, so the update will not be timely.
(End of this chapter)