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...
Park Jin Hyuk has been able to identify the value of things for two years, but this is the first time he has encountered a negative value.
He remained calm and placed the contract on the coffee table.
"I met the chairman of Qingyu Group a month ago and heard him talk about this deal."
Xin Guoquan nodded.
"Although it hasn't been announced yet, I believe you are aware of this."
"You just said it in front of everyone, it seems that it has been confirmed, right?"
"Yes, it can be announced now."
"After completing this transaction, DS Heavy Industries' size will increase significantly."
“This is part of the president’s overall strategy.”
As Park Jin Hyuk said, this deal will completely change the balance of power within DS Group.
Originally, the size of the subsidiaries within the group were similar, but after the acquisition of Qingyu Energy, DS Heavy Industries will become the largest subsidiary.
But if the acquisition results in a loss of 7 trillion yuan, will the situation still be the same?
"How is Qingyu Energy's current performance?"
"Its annual revenue is 2.5 trillion yuan (about 13.2 billion RMB) and its operating income is 130 billion yuan (about 690 million RMB)."
"Where's DS Technology?"
"Last year's revenue was 4.4 trillion yuan (about 23.3 billion RMB), and operating income was 50 billion yuan (about 260 million RMB)."
"One is in the energy industry, and the other is in the equipment manufacturing industry. Aren't these two companies equal?"
"Comparing their operating conditions, DS Technology is indeed inferior to Qingyu Energy. Therefore, DS Group will have to pay Qingyu Group an additional 1 trillion yuan (about 5.3 billion RMB) in cash because DS Technology has military industry business, which Qingyu Group is very interested in."
A smile appeared on Park Jin Hyuk's face.
Park Jin Hyuk's smile made Xin Guoquan feel puzzled.
"What are you doing?"
"Ah, nothing."
Park Jin Hyuk just saw the value that flashed above Shin Guk Jeon's head.
As the second-in-command of a large group with a revenue of 80 trillion yuan (about 423.2 billion RMB), his value is only 1.8 billion (about 9.5 million RMB).
This is why Park Jin Hyuk laughed.
His value is not much higher than Zheng Binghe's, and his annual salary should be more than this.
Park Jin Hyuk thought, 'I'm afraid the problem lies in the acquisition of Qingyu Energy, which has lowered his value.'
Although the specific reason is unknown, it is certain that the acquisition of Qingyu Energy will bring huge losses to DS Group.
So Park Jin Hyuk asked them to explain the project in detail.
Although he had long lost interest in the project, Park Jin Hyuk still pretended to listen carefully when they explained.
Finally, Xin Guoquan mentioned matters that require support from other subsidiaries.
"We hope that DS Construction will be responsible for the construction of this project."
"DS construction?"
“Instead of using an external construction company, it’s better to use companies within the group. DS Construction can also use this to accumulate relevant project experience.”
"Well, I'll talk to DS Construction."
"Thank you so much."
Then, Xin Guoquan continued:
"Also, I know DS Pharmaceuticals has ample cash reserves, so I hope it can provide financial support for the acquisition of Qingyu Energy. This is also... what the president meant."
Park Jin Hyuk thought for a moment, then turned to Kim Jun Woo and said:
"Director Jin, please contact Secretary Huang."
"yes."
Then, Park Jin Hyuk said to Shin Kuk Jeon with a smile:
"I need to discuss this matter with the president first, and then give you an answer. If we use DS Pharmaceuticals' funds, shouldn't Qingyu Energy be placed under DS Pharmaceuticals?"
"This... Qingyu Energy and DS Pharmaceuticals have no business connection whatsoever?"
"The business is not related, but whoever pays the money should be placed under him, right?"
At this time, Jin Junyu said:
"Chairman, Secretary Huang is on the line."
Park Jin Hyuk picked up the phone.
Xin Guoquan said hurriedly:
"Forget it, let's just use our own funds."
"Don't you need financial support from DS Pharmaceuticals?"
"No, as you said, don't make it too complicated."
"Oh well."
Park Jin Hyuk replied with a smile.
After exchanging greetings with Secretary Huang on the other end of the phone, he asked about the president's health.
He also said that he was holding a meeting on the Brazil power plant project and wanted to know if the president had any instructions.
After hanging up the phone, Park Jin Hyuk said:
"If you need anything else, please let me know and I will do my best to support you."
"Thank you so much!"
"You're welcome."
As he spoke, Park Jin Hyuk shook hands with Shin Guk Quan and Jung Byung Hak.
After the two of them left, Park Jin Hyuk put away his smile and immediately instructed Kim Jun Woo:
"Call President Xuan right now and tell him not to get involved in the Brazilian power plant project. Tell him he has too many projects on hand and can't handle them all. I'll call him later."
"Didn't you just say... that you would do your best to provide support?"
“I have to say that to the outside world…”
Park Jin Hyuk smiled at him and continued:
"Also, please investigate Qingyu Energy and see if acquiring this company is a suitable deal. Will it cause losses to DS?"
"Caused damage?"
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!