Chapter 214

Page 214

Therefore, Yamato Motors cannot afford to lose.

Even if Daiwa Motors is going to lose, it will have to wait until the 1800 billion yen in payments is transferred to his account before he can lose.

Otherwise, all his hard work would have been for nothing.

This is why he decided to agree to help investigate the situation.

Chapter 294 So, at this new car launch event, Yamato Motors is guaranteed to win.

it is good.

"It's good that my nephew thinks that way."

"We must understand that we are all in this together, whether we prosper or suffer together."

Chairman Chung Ju-yong of Daiwa Securities said with relief when he heard that Lee Dong-ki of Samsung Financial Group had agreed to help test the waters.

Seeing Lee Dong-ki of Samsung Financial Group act so readily, Daiwa Chairman Chung Ju-yong felt he hadn't made a mistake in trusting him.

In order to defeat Samsung Motors, he mortgaged all his Daiwa Motors shares to Gallo Leroy, just for a loan of 1800 billion yen.

Although these shares could be mortgaged to Korean banks to get loans, it's too slow and requires several banks to work together.

So he left this path for last, only transferring the 1800 billion from these bank loans to Gallo Reyró when he needed to repay the money.

Having helped Lee Dong-ki of Samsung Financial Services so much, Lee Dong-ki of Samsung Financial Services has now agreed to help him in return.

This probing mission can only be undertaken by Lee Dong-ki, the 257th Secretary of Samsung Financial; no one else can do it.

"understandable."

"I'll contact the person now."

When Lee Dong-ki of Samsung Financial heard what Daiwa Chairman Chung Joo-yong said, he nodded in understanding, then took his phone and left the office.

In a corner of the corridor, Lee Dong-ki of Samsung Financial called a former subordinate he had promoted.

"Hey, Young Master Dong."

Why are you calling me all of a sudden?

A furtive voice came from the other end of the phone.

Do you have the opportunity to visit the Samsung car factory?

Upon hearing this voice, Lee Dong-ki of Samsung Financial Group asked directly.

"(acfe) Okay."

"A batch of materials needs to be transported to the Samsung Motors factory this afternoon. I'll get out of the car and take a look around then."

A furtive voice came from the other end of the phone.

"Okay, can you help me see what Samsung's new car looks like? It would be best if you could take some pictures."

Upon hearing that it was acceptable, Lee Dong-ki of Samsung Financial immediately gave the order.

"Yes, Young Master Dong."

The person on the other end of the phone immediately responded.

Lee Dong-ki of Samsung Financial gave a few more instructions, then put down his phone and waited.

Several hours passed before the afternoon arrived.

At that moment, Lee Dong-ki of Samsung Financial's phone rang.

"Hey, Young Master Dong."

"There are no new Samsung cars at the Samsung car factory."

"I ran into someone I knew and asked them a question."

He said Samsung's new car is still in the manufacturing process and has not yet been completed.

A soft voice came from the other end of the phone.

"Okay, I see."

When Lee Dong-ki of Samsung Financial heard the call, he replied with a smile.

He then put down his phone and went into the office next door belonging to Chairman Jeong Ju-yong.

"Chairman Yamato."

"I've already asked around."

"Samsung's car factory has not yet produced any new Samsung cars."

"Moreover, the person who asked also said that Samsung's new car is still under manufacturing and the entire manufacturing process has not been completed."

As Samsung Financial's Lee Dong-ki entered the office, he greeted Daiwa Chairman Chung Ju-yong with a smile.

This is great news for Daiwa Motors.

Since Samsung's new car hasn't been manufactured yet, it naturally won't be a match for Yamato's new car.

Because the new Yamato car has already been manufactured and passed multiple inspections, it is currently stored in the warehouse awaiting the new car launch event in a few days.

Therefore, Daiwa Motors is guaranteed to win this new car launch event.

If Daiwa Motors wins, the 1800 billion yen payment they requested will be delivered quickly.

Then he will have the money to repay Miracle Company and redeem his shares in Samsung Financial and Samsung Securities.

At this point, he had solved half of the trap.

He could have three months to spare, which would give him a better chance to raise 1800 billion won to repay Daiwa Chairman Chung Ju-yong and then redeem his shares in Samsung Financial and Samsung Securities.

Chapter 295 I believe you can definitely make this new car launch a success.

"Good good."

"Great."

"Samsung hasn't even manufactured its new car yet, so how can it compare to Yamato's new car?"

"Can a randomly manufactured Samsung car defeat the Yamato car?"

"That's just wishful thinking."

When Lee Dong-ki of Samsung Financial Group said that Samsung's new car had not yet been produced, Chairman Chung Ju-yong of Daiwa laughed heartily and said...

Because a car needs to go through multiple inspections and tests before it can be put into the warehouse.

Samsung's new car hasn't even been manufactured yet, so what will they use to showcase at the new car launch event in a few days?

If they rush to transport the newly manufactured Samsung car to the exhibition and problems arise, it will be incredibly embarrassing.

You should know that a car is the culmination of industry, containing countless parts.

So if it's not checked and tested, then it's easy for problems to occur.

Because there are so many parts, the probability of problems occurring when so many parts are combined together increases significantly.

Therefore, without inspection and testing procedures, there is a high probability of problems.

"Chairman Yamato, you're right."

"It would take at least several decades of effort to defeat Yamato Motors."

"So we were worrying too much before."

When Lee Dong-ki of Samsung Financial heard what Daewa Chairman Chung Joo-yong said, he echoed his sentiments.

If it were so easy to defeat Yamato Motors, the Li family would have done so long ago.

But decades later, Samsung Motors has not only failed to beat Daiwa Motors, but has also continued to suffer losses.

Therefore, it is impossible to make a profit in the automotive industry without long-term investment.

Even if Samsung Motors acquires Kia Motors, it still has no hope of defeating Daiwa Motors.

Therefore, it would take several years of trials and tribulations for the two factories to merge and become a straight line.

"Well, you're right."

"I'm overthinking things and worrying too much."

"I'll leave the new Yamato car launch event to my nephew."

Upon hearing this, Daiwa Chairman Chung Joo-yong made a few self-deprecating remarks and then handed over the responsibility for the Daiwa new car launch event to Lee Dong-ki of Samsung Financial Services.

During this period, Lee Dong-ki of Samsung Financial Services performed well and was able to come up with solutions when faced with difficulties.

Therefore, he was very confident in entrusting the launch of the new Daiwa car to Lee Dong-ki of Samsung Financial Services.

"Thank you for your trust, Chairman Yamato."

"I will do my best to make this Yamato new car launch event a success."

0 ··Requesting flowers····· ····

Upon hearing this, Lee Dong-ki of Samsung Financial Group was overjoyed and said to Jeong Joo-yong, chairman of Daiwa Securities.

Why is he so happy?

Because Chairman Zheng Zhouyong of the Yamato Association began to delegate power to him, his departure from the Li family and his allegiance to Chairman Zheng finally paid off.

As long as we work hard, we can ask Chairman Chung Ju-yong of Daiwa Motors to be lenient and give him more time to raise the 1800 billion yen to repay Daiwa Motors.

.. ..... ....

This gave him a better chance of acquiring shares in Samsung Financial and Samsung Securities.

"Go."

"I believe you can definitely make this new car launch a success."

Seeing Lee Dong-ki of Samsung Financial Group looking overjoyed, Chairman Chung Ju-yong of Daiwa smiled and waved for him to get back to work.

Samsung Financial's Lee Dong-ki helped them, so they're giving him a little something extra.

That way, Lee Dong-ki could work for him without worry.

After acquiring shares in Samsung Financial and Samsung Securities in a while, it will be easier to invite Lee Dong-ki to manage them.

As a superior, you must know how to manipulate your subordinates.

Giving a hard time followed by a sweet treat is a common management tactic.

Moreover, after these methods are used a few times, Lee Dong-ki will get used to working for him.

Chapter 296 You know this is a Yamato Motors launch event, how can I go up on stage to give an introduction?

A few days later, the South Korean football team drew their final match, securing first place in their group and advancing to the next round.

Lee Dong-ki of Samsung Financial Services was already used to this, as he had witnessed similar incidents twice before.

He had expected the South Korean soccer team to advance from the group stage, so he wasn't surprised.

Moreover, he has been busy with the launch of the new Yamato car, so he has no time to pay attention to the South Korean football team's performance.

He worked hard for several days and finally managed to get the Yamato new car launch event organized on the 2nd, 5th, and 7th of the month.

At 3 PM, it was time for the launch of the new Yamato car.

Moreover, Samsung's new car launch event was also held at the same time.

So he was very busy, going back and forth between the front and back offices to check various tasks and processes.

He didn't stop until he was sure all the preparations were complete.

"Nephew, how are the preparations going?"

At 3 p.m., Daiwa Chairman Jeong Ju-yong walked into the Daiwa new car launch event and asked Samsung Financial Lee Dong-ki a question.

As he asked questions, he looked around and nodded in satisfaction when he saw the perfect press conference venue.

Lee Dong-ki is really capable; I wish I could work for him long-term.

"Chairman Yamato, everything is ready."