Park Jin Hyuk said:

"Although it's free now, we can give it more features for enterprise users, and charge for these features. This way, we can form a profit model, right?"

"Yes, we plan to create dedicated spaces for customers who need them and charge a certain fee. We also plan to establish dedicated spaces for corporate users that can store terabytes of documents."

"So the current focus is not on generating revenue but on expanding the number of users."

Xuan Yizhu said:

"Even so... $50 million is too much."

"President Xuan, do you know what I thought after seeing this company?"

Xuan Yizhu looked at Park Jin Hyuk and did not answer.

"Why doesn't DS have such a business yet? It doesn't require consideration of inventory, production, and logistics, and it can easily cross national boundaries."

Asahi System Integration is such a company, which may be why Xuan Yizhu cannot fully understand its business model.

Park Jin Hyuk said to Luo Minhao:

"Just like our cooperation with Novo Nordisk Pharmaceuticals, I will not interfere with your specific operations. The only thing I want to clarify is the shareholding ratio."

"...How much do you want?"

At present, Xuri System Integration is still very small, with only about 20 people and a small office on the edge of Silicon Valley.

If you invest $50 million, you can buy the entire company.

"I want you to become a subsidiary of the investment company I set up."

"Does that ensure that I have independent management rights?"

"Please believe me, North Pharmaceuticals is a precedent."

Luo Minhao knew the situation of North Pharmaceuticals, so he found Park Zhenhe.

At this time, Xuan Yizhu gradually understood what Park Zhenhe meant, and he said:

"It's important to be clear that you can no longer accept investment from other investors. If you need funding in the future, you can simply contact the investment company to discuss it. Is that acceptable to you?"

Luo Minhao looked at Park Jin Hyuk.

"As long as Executive Director Park doesn't object, I'll certainly agree. I also hope to have a backer behind me... But company operations are subject to various variables, and no one can guarantee that all investments will be recovered in the future."

Hearing this, Park Jin Hyuk burst into laughter.

"First, you have to have confidence in yourself. Also, I know that investing carries risks. Now that I've made everything clear, are you willing to accept my terms?"

"I think the conditions you offer are quite good."

"Then let's leave it at that for today. How about we both start drafting the investment contract tomorrow?"

"no problem!"

*** *** ***

After Luo Minhao left, Park Zhenhe said with a hint of emotion:

"Our group is already old. Just look at our core businesses: heavy industry, chemicals, construction, and communications... Fortunately, we still have front-end and tertiary industries like pharmaceuticals, department stores, and hotels. However, the majority of the group's revenue now comes from these first four businesses... Future growth potential is limited, and they can't adapt to the needs of corporate development."

"You intend to completely change the DNA of the group?"

"The genes of a company are like a person's character; they are difficult to change. Our company's genes are the secondary industry."

Xuan Yizhu listened silently.

"Groups like ours, which are primarily engaged in the secondary industry, have a common characteristic: they don't value, or rather, look down upon, innovative technologies."

“Don’t we have a communications business?”

"Don't you understand? Our communications business is nothing more than building base stations, recruiting customers, and selling them mobile phones. What's the essential difference between this and the secondary industry? Young people today can build businesses just by sitting down and using computers, but we believe that without tangible output, there is no value. Times are constantly changing, and businesses like this are the future direction, generating trillions or even tens of trillions of dollars in output."

Looking at the project specification of Asahi System Integration in front of him, Park Jin Hyuk understood that only by bringing such a company under its control could DS Group have the motivation for sustainable development.

"It's impossible to abandon all the group's old businesses overnight, but we can gradually incorporate new businesses."

"Manager Park, are you planning to work at an investment company?"

"No, if you want to inherit the DS Group, you can't leave here."

Xuan Yizhu nodded in agreement.

Park Jin Hyuk said to Hyun Yi Soo:

"But I plan to leave the pharmaceutical industry and need to find a new position where I can develop new business."

*** *** ***

At his family home in Sinchang-dong, Park Jin-hyuk was having breakfast with his father.

Park Junwan looked at Park Jinhyuk.

"Are you planning to change places again?"

In front of Wu Ruiying and Park Sang-hyuk, Park Jin-hyuk expressed his thoughts.

He felt it necessary to explain things clearly in front of his family to prevent others from making irresponsible remarks afterwards.

“Yes, people are definitely needed there.”

"Your stepmother needs help too, right?"

Park Junwan looked at Wu Ruiying.

Wu Ruiying nodded.

"Yes, I need people there too."

"I was originally planning to send you to WEST Aviation... but you suddenly said you wanted to go to Communications?"

"I want to go to communications... to West Aviation. What can I do?"

"Do you look down on WEST Airlines' business?"

"How could that be?"

The Paris flu had a devastating impact on the air travel industry.

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!