After experiencing a tragic car accident, Liu Zhengjie, whose ancestors were from China and who was now an ordinary Korean worker, woke up to find himself the eldest son of the powerful Korean chae...
After hearing Jiang Wenzhi's words, the guests all applauded.
Wu Ruiying bought all the counterfeits through Jiang Wenzhi, thus preventing them from leaking out.
Park Jin Hyuk looked at Oh Seo Young and Kang Moon Shik.
"Haha, that's really interesting."
*** *** ***
After the news of Kang Do-hyun and Park Seo-eun's engagement was announced, it obviously benefited Kang Moon-sik's political career.
In today's social atmosphere, the public is not optimistic about marriages between chaebols and politicians.
But not long ago, when the Paris flu was raging, DS Group left a very good impression on the public. In addition, Jiang Wenzhi had never made any major mistakes, so the public showed a welcoming and tolerant attitude towards the marriage between the two families.
On this day, Park Jin Hyuk met with Hyun Yi Soo and talked about this matter.
Not long ago, Park Jin Hyuk asked Hyun Yi Soo to investigate Kang Moon Shik's background.
Because only by understanding the background of the future in-laws can we come up with appropriate countermeasures.
Park Jin Hyuk asked:
"What benefits can DS Group gain from marrying Jiang Wenzhi?"
"He used to be the head of the Ministry of Land and Resources and has a certain influence in the government. He also performed well in the early local elections and may run for party leader next."
"I don't think this person has done anything special. How could he possibly compete for party leadership?"
"You're right. Because of his family connections, he has considerable influence in Busan and Gyeongsang Province. In the first and second local elections, he won by promoting the Young Turks as a member of the party, but he subsequently faced widespread public criticism for joining forces with conservative forces."
Park Jin Hyuk nodded.
"Is it really appropriate to marry someone like this? And my son is still like that."
"My findings indicate that he is not highly regarded within his party."
"Since the engagement of the two children has been announced, it means that my father has approved of it. However, based on the information we have so far, it's not enough to draw such a conclusion."
Xuan Yizhu replied:
"I think there's another reason, but it's just speculation at this point."
"It's okay, go ahead."
Xuan Yizhu pondered for a moment and said:
"WEST Airlines is in a very bad state. Its cash flow has dried up, and it recently laid off 300 employees. Although Director Wu has been constantly running around and trying every possible way to raise funds, he still hasn't been able to fundamentally solve the problem."
After hearing what Hyun Yi-soo said, Park Jin-hyuk became more convinced that Wu Ruiying used the money from selling DS Telecom artworks on WEST Airlines.
"But there has been a glimmer of hope recently. I heard that the government is considering providing financial assistance to troubled airlines by purchasing maturing asset-backed securities (ABS) from these companies."
"So that's how it is."
"According to the information I have, West Airlines' monthly fixed expenses are between 100 billion (about 530 million RMB) and 200 billion. If it doesn't receive external financial support, it will inevitably go bankrupt."
As he spoke, Xuan Yizhu took a sip of tea.
"In fact, if it weren't for the DS brand, it would have collapsed. Now the entire aviation industry is facing the same problem, so the government has to provide assistance."
"But what does this have to do with Jiang Wenzhi?"
“First, the government will categorise and identify budget airlines and then buy their ABS.”
"In other words, in order to get government aid, he married his daughter to the Jiang family? How much aid can they get?"
"It is estimated that by the beginning of next year, the size of maturing ABS will be around 500 billion yuan (about 2.65 billion RMB)."
"For a mere 500 billion, you sold your own daughter?"
In fact, 500 billion is not a small amount, but despite this, DS Group can still come up with the money.
Park Jin Hyuk's personal assets used for investment amount to 1 trillion.
"Kang Moon-sik is no longer the Minister of Land, Resources and Transport. Does he have the power to decide who the government aids?"
"Although he doesn't have the decision-making power, he still has influence in this regard. After all, he served as Minister of Land and Resources for two years."
Park Jin Hyuk nodded and picked up a cigarette.
He finally understood what Wu Ruiying was up to.
Although Park Jin Hyuk did not fully understand her choice.
"Chairman, what are you going to do?"
"What to do?"
"Are we just going to watch Park Seo-eun get engaged to Kang Moon-sik's son?"
"If I don't watch, what can I do?"
"I know your relationship with your sister isn't good, but isn't it too unfair for you to marry Jiang Wenzhi's son? You could have found a better family."
Park Jin Hyuk picked up a cigarette and tapped it on the table.
"What happens if I mess up this government aid thing?"
"I'm afraid WEST Airlines will go bankrupt."
"What would happen if West Airlines went bankrupt?"
Xuan Yizhu looked at Park Jin Hyuk and thought he should oppose this marriage, but unexpectedly, Park Jin Hyuk's target seemed to be WEST Airlines.
Park Jin Hyuk put the cigarette in his mouth and said:
"I want to see Director Oh in a state of panic. Although I feel a little sorry for Sang Hyuk, there's nothing I can do about it."
"If West Airlines goes bankrupt, Executive Director Park Sang-hyuk will probably no longer be able to compete with you for the chairmanship."
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