Chapter 768 Happy cooperation
“We are all here to do business, and profit comes first. I understand this principle, so this time, I didn’t intend to embarrass Minister Song because of Jisoo’s relationship. Instead, I wanted to talk about something else.”

Li Yang paused as he spoke, then, in the surprised gazes of the two, he chuckled and said, “Loan, or investment!”

“loan?”

Kim Ji-soo couldn’t help but let out a cry of surprise, and although she quickly stopped, there was still undisguised surprise in her eyes as she looked at Li Yang.

She had no idea about this matter from beginning to end.

Although Minister Song did not say it explicitly, he could not hide the expression of surprise on his face.

At this critical juncture for SM Entertainment, who would have thought that Li Yang came to him not for the votes of the SM board of directors, but for a loan?

“As far as I know, the National Public Fund is an institution that specializes in investment, so this is why I asked Jisoo to invite Minister Song to meet with me this time.”

As Li Yang spoke, he leaned over to add tea to Minister Song, and then maintained a polite smile, waiting for Minister Song’s response.

Minister Song frowned slightly, as if he was lost in thought.

The scene fell into inexplicable silence for a moment.

After a while.
Minister Song finally seemed to react. He first glanced at Jin Zhixiu, and then turned his gaze to Li Yang, and said in a deep voice: “If it is an investment, then you may need to put aside the relationship with Jisoo.”

“That’s for sure, Minister Song, don’t worry, I don’t really want to take advantage of you. I came here really to discuss a business deal.” Li Yang said with a smile.

He also agreed with Minister Song’s reminder.

Business is business, and individuals are individuals.

Li Yang has also always been able to clearly distinguish between these two situations.

“Oh?”

Minister Song raised his eyebrows slightly. Seeing that Li Yang was not joking, he seemed to be interested and said, “If it is a loan or investment, I wonder what Li Yangxi’s plan is…”

“2000 billion won!”

Li Yang’s smile faded, replaced by a serious and earnest look, and he said, “The time limit is three years. After three years, I will return the five points of interest.”

After a pause, he explained, “I know that the bank’s interest rate is also very high, but for such a large amount of money, and with the current high inflation rate, the bank’s interest rate policy is completely for show. In addition, the interest rate given on my order is also higher, so I estimate that the national public fund has earned enough.”

“That’s the truth.”

Minister Song nodded, agreeing with Li Yang’s statement.

It is a fact that the interest rates of Korean banks are too high.

In fact, the interest rates that major chaebols and groups receive from bank loans are much lower than this figure.

So what Li Yang said was right, the terms he offered for this loan were already far higher than the actual interest rates of other loans.

only.
“What’s your guarantee?”

Minister Song looked at the young man opposite him, and some interest finally appeared in his eyes.

In fact, before coming here, he didn’t have a good impression of Li Yang and thought he was just a gigolo who lived off Kim Ji-soo.

But now, I don’t know if it’s because of Li Yang’s confident and calm temperament, or because he always looks neither humble nor arrogant, but my impression of him has changed a lot.

Of course, the matter of cooperation still requires further judgment.

“Of course I’m prepared for this.”

As Li Yang spoke, he took out another batch of documents from his backpack, handed them over, and introduced them, saying, “I will use all the shares of the Aidou Card factory that Dahaixingchen and Melon have cooperated with as collateral.”

After a pause, he continued, “The turnover of Dahaixingchen in the fourth quarter of last year was about 13 billion won, and the annual income is expected to be 40 billion. The annual net profit of Melon Card is also expected to be around 10 billion.”

“only these?”

Minister Song glanced at it for a few seconds, then smiled and said, “As far as I know, the total value of these things, even without considering future changes in the situation, is only about 2000 billion, and you want to borrow billion.”

At this point, the conversation stopped abruptly.

Although Minister Song did not say the following words, his meaning was very clear.

These are not enough!

Of course, Li Yang would not prepare only these.

“I still have 4% of SM Entertainment’s shares that can be used as collateral,” said Li Yang.

“It seems that you are more prepared for this SM board meeting than I thought?”

Minister Song finally showed some surprise on his face, but soon shook his head and said, “A 8000% stake in SM Entertainment, which has a market value of 320 billion, is only worth billion. It’s still not enough.”

Then he said seriously: “Doing business requires equal conditions. With all due respect, the conditions you can offer now, even if it is because of Jisoo’s relationship, the most I can lend you is 800 billion won.”

After saying that, Minister Song looked at Li Yang, as if waiting for something.

The young man in front of him has always had a strong sense of self-confidence since they met, and he believes that Li Yang must have other preparations.

The next moment, sure enough
“Sure enough, it’s really difficult to get some money from you who are in the shopping mall!”

Li Yang scratched his head as if he had a headache, laughed dryly twice, and then said seriously: “I still have me!”

“you?”

Minister Song looked strange, and then he seemed to have thought of something and said, “If you consider the annual turnover of your live broadcast plus the commercial monetization without a break throughout the year, I can charge you a maximum of 500 billion. This also requires the impact of overseas factors. Do you understand?”

After a pause, he frowned and said, “However, your online reputation has declined severely recently, and your commercial value has also been greatly reduced. More specific data may need to be reviewed by the company. The estimated number may be much lower than what I said.”

“I understand this, but Minister Song should rest assured that the current low traffic is just my deliberate act. I will soon return to my peak, or even far exceed my peak. Believe me, 500 billion is not a loss.”

Li Yang took a sip of tea and continued, “Besides the live broadcasting business, I am also a screenwriter. Jisoo and I have opened a film and television company. If nothing unexpected happens, we will start to release works in April. Then…”

“Borrowing money only evaluates the present, and lending for the future is useless.”

Minister Song shook his head and interrupted, saying, “Even if you can succeed in the future, there is still the risk of failure. The National Fund will not bear this for you.”

“Then I can only say I’m sorry.”

Li Yang sighed and said, “In fact, if the jury of your group understands the Internet, they will know that only my personal traffic is still there, whether it is operating film and television or Kpop, it has great value.”

“Actually, I’m here.”

Next to her, Kim Ji-soo seemed unable to hold back and wanted to speak.

Minister Song seemed to have been waiting for something for a long time, and his eyes, which had been calm until now, suddenly lit up slightly.

Kim Ji-soo has more than just simple commercial value, she also plays a role in exporting K-pop culture. For the National Public Fund, if there is a chance to get Kim Ji-soo’s indenture, then the 2000 billion won investment is actually worth it.

However, just as Kim Ji-soo opened her mouth anxiously, her hand was grabbed under the table.

She looked at him in surprise, but only saw Li Yang smiling at her and slowly shaking his head.

Kim Ji-soo gave him a questioning look.

Li Yang responded with a confident expression, and she calmed down again.

On the other side, Minister Song seemed to be unable to sit still. He frowned slightly, showing a somewhat apologetic expression, and said: “If it were me personally, I would be willing to invest in Li Yangxi, but the National Public Fund is a group after all, and we still value the benefits we can get more.”

“If that’s the case, Jisoo and I are deeply sorry.”

Li Yang looked regretful and said, “I can only thank Minister Song for his appreciation.”

As he spoke, seeing the two of them about to leave, Minister Song frowned slightly and couldn’t help asking, “Do you have any other ideas?”

In fact, considering the terrifying traffic Li Yang had in September and October, the mortgage he provided is still worth the loan.

He was also constantly testing Li Yang’s bottom line.

After all, businessmen pursue profits.

The profit offered by Li Yang was also very tempting. Even if 2000 billion was not enough, Minister Song was still willing to cooperate with 1000 billion.

But unexpectedly, Li Yang seemed to want to leave directly.

So this time it was Minister Song who was anxious. “There’s nothing we can do, but it all depends on human effort.”

Li Yang shrugged and smiled, saying, “To be honest, I have an appointment not only with you, Minister Song, but also with the person in charge of YouTube and the investment representative of NAVER Group.”

As he spoke, he showed a somewhat naive smile and said, “I think if it is a group engaged in the Internet industry, it should be able to estimate the value of my traffic more accurately, right?”

“500 billion is not a small amount. Are you so sure that someone will accompany you to gamble on the unknown?” Minister Song frowned.

“In fact, three points of profit for three years is enough to make many people excited, right?”

Li Yang suddenly opened his mouth and said, “Minister Song, why do you think I would take the initiative to mention five points?”

Minister Song frowned.

Li Yang explained with a smile: “Of course it’s to find a backer!”

As he spoke, he pulled Jin Zhixiu to sit down again, and explained with a chuckle: “You should know that this scandal was released by SM. I actually have evidence, but I am too weak to do it alone. If I have reliable resources, it will be easy to return to the peak of traffic, and then it will release more commercial value. Those two points can be called interest, or, it is more appropriate to call them protection fees.”

After the words fell, Minister Song nodded with some understanding.

Indeed, a profit of five points seems too exaggerated, but if Li Yang explains it this way, it makes sense.

“1600 billion, this is the limit of what I can approve.”

Minister Song said, and when he saw that Li Yang was still planning to leave, he said, “Don’t be in such a hurry to leave.”

After a pause, he said, “Even if the loan matter can’t be negotiated, I am still somewhat interested in the investment matter.”

But this time, Li Yang shook his head first, and said with some apology: “Excuse me, if you can’t judge the Internet value of me, then the other investment matter should also be impossible to negotiate.”

After saying this, Minister Song frowned even more tightly, and couldn’t help but say: “As far as I know, even if you want to buy all the scattered shares of SM, 1600 billion should be enough, right?”

“Minister Song also knows that this is a cooperation. Since it is a business behavior, it must maximize its own interests, right?”

Li Yang paused, then smiled again, saying, “Besides, I never said I wanted to buy SM Entertainment’s scattered shares, did I?”

“What about you. The one who gazes at Fenghua?”

Minister Song seemed to have thought of something, but then he fell silent again.

He had already learned about Li Yang’s information before coming here, and knew that the latter owned a brand that was well-known in China.

But Minister Song could not think of a way for Harry Winston to operate on the Peninsula in a short period of time.

He originally thought that Li Yang would eventually use the brand agency as collateral.

However, now it seems that the other party has no intention in this regard.

So for a moment, it seemed that I was caught in a brief dilemma.

Li Yang did not urge her, but just sat opposite her and took Kim Ji-soo’s slender hand and played with it in his palm.

Kim Ji-soo gave him a reproachful look, as if she was blaming Li Yang for still having the mind to tease her at such a late hour. However, in such a situation, there was nothing she could say after all.

for a long time
Minister Song’s cell phone rang. After he answered it, his frown slowly relaxed.

half a minute later
“I see.”

Minister Song hung up the phone, looked at Li Yang and said, “According to the estimates of the audit department, even if Li Yangxi can reach the peak traffic, the National Public Fund can only make a loan amount of 1500 billion in the end, so… I’m sorry.”

“So, it seems that your company has completed my personal assessment?” Li Yang raised his eyebrows and asked.

Minister Song was a little confused, but still nodded. He seemed to be unable to understand why Li Yang was rejected. Instead, he showed a happy expression.

“In that case, let’s talk about the next cooperation.”

As he spoke, Li Yang let go of Jin Zhixiu’s hand, then looked across and said, “Although the National Public Fund will not interfere in the company’s internal business, if it can reap a wave of profits in the stock market, I think it will not be soft-handed, right?”

Minister Song nodded subconsciously.

“So, how about we sign a bet agreement for the remaining 500 billion contracts?” Li Yang said, and took out the last document from his bag and pushed it over.

“Betting agreement?” Minister Song looked at the document in front of him, his tone unable to hide his surprise.

“Yes.”

Li Yang nodded and said, “Within a year, I will make SM’s stock value drop by more than ten points for the last 500 billion. By then, I believe Minister Song will have his own way to earn enough value from it, which should far exceed the interest earned from the billion.”

“Why?” Minister Song questioned.

Li Yang just smiled and said nothing, but glanced at the first file on the desk.

Minister Song also realized it later and understood it a little. He said, “You want to make a fuss about this?”

Just saying that, he asked again: “What if it can’t be completed?”

Li Yang said: “If it is not completed, I will pay an additional 50 billion in interest.”

Then, he spoke before Minister Song and said, “Given my relationship with Jisoo, it is not difficult to pay the 50 billion.”

“Are you sure you can do it?” Minister Song couldn’t help but ask doubtfully.

For an entertainment company with a market value of 8000 billion, if it drops by more than 10 points, there will be a lot of room for maneuver.

And
“What if SM Entertainment’s stock price continues to fall?” Minister Song asked worriedly.

There have been such cases in the past.

The stock price fell all the way to delisting, and everyone who entered the market ended up with nothing.

“Minister-nim, you have to understand that I also have shares in SM and I will never let it go downhill.”

Li Yang paused, tapped the information with his fingers, and said with a smile: “Besides, when it comes to this kind of marketing, public opinion, and traffic war, I am the most professional one.”

After saying this, Minister Song fell into a long silence for a full three minutes before he asked, “Is it really that simple?”

No matter how you look at this bet agreement, the generous terms seem too good to be true.

After all, he was still a little worried.

“Of course it won’t be just that.”

Li Yang raised his eyebrows and said, “I also need the full support of the National Public Fund.”

As he spoke, a bright smile appeared on his face, and he said, “I believe that no matter what conditions SM proposes, they will not be more tempting than the agreement in front of us, right?”

Minister Song seemed relieved and smiled, saying, “So, you have been retreating to advance, and you never intended to give up the support of the National Public Fund from the beginning, right?”

Li Yang smiled, but did not answer. Instead, he stood up, extended his hand, and said with a smile: “Happy cooperation?”

Minister Song thought about it, stood up, shook hands, and said with a smile: “Happy cooperation!”

But then, Li Yang seemed to remember something, and said with a strange expression, “Ahem, but actually, there is one more thing that needs Minister Nim’s help.”

“Moragu?”

Minister Song gave him a puzzled look.
–
ten minutes later.

People from both parties left the hotel one after another, and upon hearing the news, the reporters who had been waiting here for a long time began to work.

In less than half an hour, the news had spread everywhere.

[Minister Song had a grim expression when he left, and it seemed that the negotiations had failed.]

[Li Yang met with the head of NAVER’s investment department and seemed to be actively looking for a buyer.]

[The young anchor wants to join the SM Entertainment board of directors. Is she too ambitious or does she really have the ability? Let’s wait and see. 】

【.】

With the continuous efforts of reporters and paparazzi, one piece of news after another quickly fermented on the Internet in a very short period of time.
–
Take a break, there’s more in the evening.

(End of this chapter)