Peninsula 2017: Is the system living in the past?

Chapter 115 Do you think I have a chance?

Chapter 117 Do you think I have a chance? (Please subscribe)

afternoon.

Sinsadong Street.

The bright, warm autumn sun shines down.

The dappled shadows of trees on the ground.

Jiang Xingchen walked slowly through the crowd, holding a glass of iced Americano in her hand.

A gentle smile graced his face, but his mind was racing with thoughts of the thrilling scene from the previous night.

Inside a rooftop apartment late at night.

BitMEX's dark trading interface.

Just as he remembered, the candlestick chart drew a brutal bearish line.

The price of Bitcoin plummeted like a bloodstained dagger plunging into the abyss.

Of course, this is a good thing for him.

His 100x leveraged long limit order was precisely activated and fully executed at the absolute low.

The institutional shakeout ended in just a few minutes.

The numbers in the upper right corner of the screen were jumping wildly at a dizzying speed.

If he had been wearing a heart rate monitor at the time, he was confident that his heart rate would have been "explosive".

However, it only lasted for a moment.

Knowing he could make money, he quickly suppressed his emotions and began the subsequent operations.

Extract a portion, and leave the rest.

With this success, he continued to use the remaining portion for 100x leverage operations.

Stay in the pool and wait for the next eruption.

"I can't wait!"

And so, lost in thought, I strolled slowly along the street for more than twenty minutes.

By the time I stopped, I had just finished my coffee.

He looked up at the opposite side.

The YNB Entertainment sign hangs on the building across the street.

A few minutes later.

YNB Entertainment President's Office.

Behind the large desk.

Zhong Xianshuo sized up Jiang Xingchen, who was sitting opposite him and looked far too young.

His face showed surprise.

Yesterday I received a call from a friend in the industry, saying that Chen Yufan from BananaCulture Entertainment wanted to speak with him.

Although I don't know what happened.

However, it is also known that Banana Culture Entertainment has the backing of a powerful company from a neighboring country.

So without much thought, I agreed to make a phone call.

Deep down, I even thought that I might get a similar opportunity to Yitang Entertainment.

And after the phone call.

He realized he had only guessed half of it correctly.

Chen Yufan was indeed a messenger, but the person who asked him to deliver the message was not that rich second-generation.

Instead, it was Jiang Xingchen standing before me.

Mr. K, a designer who has recently gained some fame in the industry.

However, even though he knew that the man in front of him was a "white knight" who had come with cash, he still wanted to gain more leverage for himself.

"President Kang, perhaps you and Representative Chen have misunderstood something," Jonghyun-seok leaned back slightly, adopting a regretful but not urgent posture. "YNB Entertainment is indeed experiencing some cash flow problems, but this is a common issue in the entertainment industry."

"To be honest, I have no intention of selling the company; after all, it represents many years of my hard work..."

He spoke while observing Jiang Xingchen's reaction.

I tried to see the anxiety on the young man's face, the frustration of being rejected before the conversation even began.

Jiang Xingchen didn't even lift her eyelids, but casually fiddled with the cuff of her suit jacket, a faint smile on her lips.

Are young people these days all so mentally stable?

Seeing such composure and calmness, Zhong Xianshuo realized that he had misjudged Jiang Xingchen's mindset.

As for financial strength, I didn't think much about it.

If they didn't have money, they wouldn't need to rely on connections to establish a relationship with themselves.

So after a brief hesitation, they had no choice but to throw out the bait themselves.

The conversation turned.

"Of course, if President Kang doesn't mind, we might be able to collaborate!"

He sat up straight, speaking slightly faster, "YNB Entertainment may be short of money right now, but it's definitely not an empty shell company. We still have three years left on our lease for this building in Sinsa-dong. Downstairs are high-standard practice rooms and recording studios built to SM Entertainment standards, and the team is very mature..."

At this point, he quietly took a deep breath, preparing to quote a price.

What if Jiang Xingchen impulsively agrees?

But just then...

Jiang Xingchen, who had been listening quietly to him the whole time, reached into the inside pocket of his suit and took out the brass mechanical pocket watch.

The pocket watch had a faint glow on its surface and looked quite old.

He opened it, glanced at the time, and then closed it again.

When it closed, it made a crisp clanging sound.

Jonghyun-seok's attention was diverted by the noise. He glanced at the pocket watch in the direction of the sound and said, "President Kang's pocket watch looks quite nice."

"It's really good, so I always carry it with me."

Jiang Xingchen smiled and then naturally took over the conversation, "President Zhong has said so much, so he must know why I'm here today."

"Before I offer my stakes, would you like to hear what I currently know about YNB Entertainment?"

"I have roughly checked YNB Entertainment's current actual debt. Although it may not be that accurate, I have a general understanding of it."

"We also know that you're under a lot of pressure regarding BESTie's termination fee, and even the office utility bills..."

He crossed his arms and leaned slightly forward.

She looked calmly at Jong Hyun-seok.

The latter opened his mouth, as if to offer a few words of explanation.

Unfortunately, knowing the situation of their own company, they simply couldn't explain it.

"So, let's skip the pointless talk about raising prices and not waste each other's time, shall we?"

That's all for now.

The office fell silent.

Having already taken control of the negotiation, Jiang Xingchen said no more and picked up her coffee to sip it slowly.

Deep down, he praised the system for being reliable.

Rewarding him with this item saved him a lot of trouble.

Maybe we can even save some money.

"call..."

a long time.

Jonghyun let out a long breath.

The only thing left in their eyes when they looked at Jiang Xingchen was amazement.

He never imagined that a young man could have such seasoned negotiation experience.

He lowered his head dejectedly, then quickly put on a smile again.

"Since President Kang has put it that way, I won't waste any more words. How much are you willing to offer for the acquisition?"

"That's right."

Faced with this straightforward question, Jiang Xingchen smiled.

He had already gathered a lot of information when he decided to target YNB Entertainment.

The acquisition of such a small-to-medium-sized entertainment company was not based on a price-to-earnings ratio valuation, but rather a standard restructuring of distressed assets.

The core of this involves debt takeover, shell company buyout, payment of lease deposits, hardware depreciation, and intangible assets.

So it was planned in advance.

My fingers tapped lightly on the table.

A few seconds later, he smiled, looked up, and said a number with a slight movement of his lips.

"President Kang, what you're doing..."

Chung Hyun-seok's face darkened, and his brows furrowed.

Without him.

The quote he just heard was far below his expectations when he received Chen Yufan's call.

But I'm also worried that if I miss out on Jiang Xingchen, I'll miss out on this shop forever.

His expression shifted back and forth amidst his jumbled thoughts.

Jiang Xingchen didn't urge them either.

Instead, they thoughtfully suggested that there was no need to decide immediately, since this was a big deal.

It's something that even brothers need to pay extra to get done.

Let alone two strangers?

The ticking of the clock on the wall was particularly jarring.

Tick-tock, tick-tock...

Each strike was a blow to Jong Hyun-seok's heart.

Finally, he slowly spoke, indicating that he needed some time to consider it.

"This is a big deal, it's the right thing to do."

Jiang Xingchen did not object. After taking a sip of coffee, she stood up and said, "President Zhong, once you've made up your mind, just give me a call."

"My price is actually very reasonable."

That's all.

He turned and walked away.

After leaving the building where YNB Entertainment is located.

I then checked the time again.

It hasn't actually been that long since he went in.

A little over an hour.

Meanwhile.

Inside the practice room in Longshan District.

After practicing for several hours, Park Jiyeon and the other two, who were finally taking a break, were chatting about yesterday's dinner.

To be precise, it was she and Park Hyo-min who were communicating.

Lee Juri stood by and expressed her disdain for the two of them.