Chapter 8 The strong wind rises
Since attending CUBE Entertainment's family concert "2018 UNITED CUBE -ONE-" on June 23, Li Wonbin has focused on the company.
As his secretary Park Seol-yoon said, some things will only occupy 10% of his life, but this 10% is everything others hope for.
After the CUBE Entertainment Family Concert, Li Wonbin got Kim Minnie's contact information as he wished. Huang Liji and others were also fans of (G)I-DLE's performance, and several of them became friends.
I don’t know if Huang Lizhi and others have contacted each other privately, but Li Yuanbin has not. He has more important things that he needs to deal with now.
On July 5, several pieces of news broke out, successfully focusing people's attention on four companies: Nexon, NCsoft, Star Capital and marble.
At 8 a.m., according to relevant sources, as early as the middle to late last month, Nexon and NCsoft's plan to acquire Electronic Arts, a large American game developer, was rejected by the EA board of directors and was not approved.
However, Nexon has become NCsoft's largest shareholder and has increased its shareholding to 15%.
According to relevant legal provisions, individuals or collectives holding more than 15% of the shares have the right to interfere with the company's management rights.
Negotiations failed, and Nexon has decided to intervene in NCsoft's operations.
Immediately afterwards, as if it was agreed upon, Nexon took the lead in issuing an announcement and confirming the news.
At the same time, it was pointed out in the announcement that Star Capital, Nexon’s largest investor, chose to withdraw, and all its shares were acquired by Nexon Chairman Kim Jung-joo.
Nexon officially enters the era of Kim Jong Joo.
At this time, Li Yuanbin, who already knew everything, was already sitting in the Star Capital headquarters building.
He is having a video conference with Marble Chairman Fang Junhyuk.
"Why would Chairman Li think about abandoning Nexon?" Fang Junhyuk held his chin with his right hand and stared at Li Yuanbin on the other side of the screen with curiosity.
In his view, Nexon, which has become NCsoft's major shareholder, seems to have more prospects.
However, Li Yuanbin was not stupid enough to tell him why he gave up Nexon.
He shrugged, spread his hands, leaned back on the seat and said relaxedly: "There is no reason."
"However, this time we can cooperate with NCsoft. Their expertise in PC games is exactly what we need."
Li Yuanbin picked up the iced American style at hand and took a sip. Li Yuanbin said pointedly.
Fang Junhe nodded. This is the purpose of his video conference today.
"Then our press conference will be held at three o'clock this afternoon. What does President Li think?"
"I have no opinion."
The press conference originally planned to be held on the 18th was held in advance.
The two sides hit it off immediately and immediately issued the order.
At 10 a.m., Marble Group and Star Capital jointly issued a statement, and a press conference will be held at 3 p.m.
Instantly detonated the Internet.
The farce between Nexon and NCsoft in the morning is not over yet, and now there is another marble.
As the largest mobile gaming group in the peninsula, every action of the company affects the hearts of outsiders.
What's more, there is Star Capital, which showed the tip of the iceberg in a company's statement this morning.
People who are familiar with him are very familiar with him, while those who are not familiar with him are full of curiosity.
Soon, many journalists appeared at the scene where the statement was released.
There are media friends that Marble Group has good friends with, and there are also journalist friends who come here to grab first-hand news about the chairman of Star Capital.
Because of this press conference, as the chairman and CEO of Star Capital, Li Yuanbin decided to attend.
This is the first time he has appeared in front of the public.
Li Yuanbin has never appeared in any of Star Capital's actions in the past, and they are eager to understand the meaning of Li Yuanbin's actions this time.
Here I have to mention the equity structure of Star Capital.
Star Partners holds 62.7% of the shares and is the largest shareholder. The company's equity is owned by Li Yuanbin.
In addition, Star Development Co., LTD, which is directly controlled by Li Yuanbin, holds 6.7% of the shares.
Li Yuanbin holds a total interest of approximately 69.4% of the shares.
The remaining shares are held by three companies respectively, which will not be mentioned here for the time being.
It is worth noting that Star Partners' largest shareholder, LYB Partners, holds 81.9% of its shares. Li Yuanbin holds 89% of LYB Partners' shares. His father holds the remaining 11% of shares, and all shares have been granted proxy voting rights to Li Yuanbin.
At this point, Li Yuanbin controls 100% of the voting rights at the LYB Partners shareholder meeting, and is also the actual controller of Star Capital.
At three o'clock in the afternoon, Li Yuanbin and Bang Junhyuk appeared at the press conference on time.
The reporters present took pictures of the two people.
After everyone arrived, Fang Junhe, the chairman of Marble Group, announced that the press conference had officially begun.
"In order to cope with today's fiercely competitive global mobile game market and deploy a more radical global expansion method, we chose to cooperate with Star Capital..."
For the next hour, Fang Junhyuk was the only protagonist in the venue.
As the other party involved in this matter, Li Yuanbin said nothing except a few words to Fang Junhe when necessary.
This chapter is not over yet, please click on the next page to continue reading! The main topic of the press conference is over, and the rest is the reporter’s question session.
After asking Fang Junhyuk, it was finally Li Wonbin’s turn.
"Chairman Li, what is your outlook for the company's future regarding cooperation with Marble Group?"
"Of course we hope that the company will develop better and better. We have all noticed what Marble's price-earning ratio has been in the past few years. After evaluation, we believe that cooperation is essential."
"I noticed that earlier in the morning, Nexon Game Company stated that Star Capital was withdrawing from Nexon Company. May I ask why?"
Li Yuanbin glanced at Fang Junhe out of the corner of his eye and found that he looked like he was not interested in anything that concerned him.
He organized his language: "This is nothing, it's just normal business behavior."
He didn't want to say too much, let them or him guess.
After answering a few questions casually, the press conference officially ended.
As soon as the press conference ended, the reporters' manuscripts were immediately sent back to the company.
Immediately afterwards, a large amount of news about Star Capital acquiring the parent company of Marble Group and becoming the largest shareholder of Marble Group appeared in major news media and newspapers on the Peninsula.
For a time, industries related to the game industry were discussing the cooperation between Star Capital and Marble Group.
I don’t know if the cooperation between the two has any impact on them.
In addition to those who are concerned about this, entertainment news focuses more on Li Yuanbin.
There was discussion about how handsome he looked.
Some discussed that he was young and promising, and taught his children to take a good look at others and learn more from them.
What's more, they started to dig up Li Yuanbin's family background.
Not to mention, they really found it.
Netizens with great savvy found a photo online.
Above is a photo of three people.
A photo of a middle-aged man taking a brother and sister to watch a baseball game.
Peninsula netizens recognized them at a glance. The middle-aged man’s name was Lee Jae-yong, and the girl’s name was Lee Won-joo.
Chapter completed!