Chapter 98 Wu Mingxi: Although I am single, I want it too! (Additional update)
Being looked up and down by Zhang Junfeng and his cousin, Wu Mingxi coughed twice and said shamelessly, "Although I am still single, it doesn't mean that I can't use it! The elders introduced a blind date to me. If there is someone I like, I can also give the cosmetics produced by the Emily Group as a gift to the other party!"
Wow! This Wu Mingxi wants to "get a free gift" for the blind date! I have to say, this is a very thoughtful idea! However, this reason is still reasonable, although it seems a bit insincere.
Just when Zhang Junfeng was about to agree, an idea suddenly flashed through his mind, and he smiled and said, "Director Wu's request is of course no problem. But I also have something here that I need Director Wu's help with!"
"I need Director Wu to find someone for me... To be precise, the founder of a gaming company - Jin Zhengzhou!"
Zhang Junfeng revealed himself, and Wu Mingxi and Wu Xiuying were a little confused. In their opinion, their boss's thinking was too amazing!
We were discussing the cosmetics company before, but how come the next second we are talking about the gaming company? And is a small, low-end gaming company really worth investing in? ! Why would his boss care so much about the gaming company? ! Seeing the two people's surprised expressions, Zhang Junfeng briefly introduced to them his impression of Kim Jung Joo and Nexon.
In May 1995, Kim Jung-joo founded a small game company called Nexon in Seoul, Korea. In December 1995, the game development team led by Kim Jung-joo successfully developed the world's first graphic MMORPG "The Kingdom of the Winds". The release of this game marked Nexon's initial success in the field of game development.
With the successful sales of "Kingdom of Winds", Nexon earned its first pot of gold. It not only built its headquarters in Goryeo, but also established an overseas subsidiary in the United States in August 1997 to prepare for further overseas expansion.
…
After hearing Zhang Junfeng's description of Nexon's general situation, Wu Mingxi immediately became interested. In this era, companies that can expand their business overseas are extremely powerful. This game company has achieved this level in just two or three years. This Jin Zhengzhou is obviously very powerful! Seeing that Wu Mingxi was interested, Zhang Junfeng went with the flow and handed over the matters of contacting Jin Zhengzhou, investing in and even acquiring Nexon to him, while he planned to meet with Leon John again to discuss the specific investment/merger and acquisition plan.
Previously, his father-in-law Li Jianxi wanted him to contact Goldman Sachs to discuss investment and shareholding. Since he agreed, he still had to say hello to Goldman Sachs.
As for whether Goldman Sachs is willing to invest in Five Star Group in advance, it is hard to say. These Wall Street capitalists are the kind of people who won't act until they see something attractive. Even if they really invest, they will only do so after seeing attractive enough benefits.
…
In the evening, after enjoying a delicious dinner, Zhang Junfeng and Li Fuzhen leaned on the sofa tacitly and watched the news on TV lazily.
When Zhang Junfeng heard the TV report that the national debt redemption campaign that had lasted for more than half a month had raised more than 140 tons of gold, a bright smile appeared on his face.
"...Junfeng, why do I feel that your expression is a little...wrong? This kind of treasury bond repayment activity is not a good thing, why are you so happy about it?" Li Fuzhen, who was leaning on Zhang Junfeng's shoulder, quickly noticed someone's "little action" and asked.
"There is really nothing to be happy about the national debt redemption movement. But when I think that they will eventually exchange the large amount of gold they have raised into US dollars, and the international gold price will be further impacted, I feel inexplicably good!"
When Zhang Junfeng thought about the fact that leveraged bets on short gold futures would soon bring in the first big wave of profits, he could no longer conceal the smile on his face and laughed out loud.
"...Are you...shorting gold?!" After hearing the important information from her husband Zhang Junfeng, Li Fuzhen quickly guessed the hidden meaning in his words.
"Yes! The international gold price continues to fall. Coupled with the prolonged financial crisis in Asia, the gold price will inevitably fall again and again. If we don't short it, wouldn't we be missing out on a good opportunity?"
Zhang Junfeng reached out and gently scratched Li Fuzhen's nose, then said confidently, "After I cash in the short gold futures contract next year, the profit should be enough for me to acquire the management rights of another medium-sized company!"
Hearing that Zhang Junfeng could make a fortune again, Li Fuzhen showed a look of envy on her face. This man who was slightly younger than her had so many ways to make money! While everyone was losing money and still worried about the company's financial crisis, this guy was still making considerable profits. The strong contrast between the in and out further highlighted Zhang Junfeng's ability to make money through investment!
…
The next morning.
The elite lawyers at Mingren Law Firm are still very busy.
Due to the two cases that Zhang Junfeng proposed yesterday, Wu Mingxi divided most of the mainland staff of the law firm into two groups after he came back. One group followed him to organize the information of Nexon and Jin Zhengzhou, and the other group followed Wu Xiuying to investigate and collect detailed information about the Emily Group and the Xu family.
More than a dozen people worked until the evening to collect most of the information.
After Wu Mingxi carefully read the information report handed over by his subordinates, he was impressed by Zhang Junfeng's unique investment vision!
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
It turns out that after Kim Jung-joo successfully developed the game "The Kingdom of the Winds" in 1995, he successfully earned more than 100,000 US dollars by selling the game software in Goryeo. After that, he took advantage of the victory and brought this game to the United States for a new round of sales!
This wave of operations has made Nexon earn more than 700,000 US dollars in just two years! You should know that when Nexon was first established, Kim Jung-joo couldn't even take out 200,000 US dollars!
It’s just that Kim Jung-joo and other Nexon management misjudged the subsequent economic situation. Perhaps because they felt that making money was too easy, they invested a lot of money in the construction of the company’s headquarters and American branch.
As a result, with the outbreak of the Asian financial crisis, the original plan to launch
Nexon, which was planning to make a big splash in the gaming industry, was also hit by the financial crisis. All the funds in its account have been used up, and its newly developed game "Legend of Darkness" was released in Korea in January this year but was met with a cold reception.
(End of this chapter)