Park Jin Hyuk explained, "Because of its limited scale, Sampoong E-commerce wants to expand its logistics network in addition to conducting online transactions, in order to make it bigger."

But with Sanfeng's strength, it can do many big businesses, so why choose e-commerce?

Park Jin Hyuk seemed to see Lee Yong Bin's doubts and said, "Another reason is that after Lee Myung Woon committed suicide, the e-commerce business lost its controller, so no one opposed selling it after expanding it."

Park Jin Hyuk stopped and said, "President Lee, you need to continue pretending to advance the logistics business, but you don't need to take any substantive action."

Li Yongbin nodded and said, "I understand."

*** *** ***

In January after New Year’s Day, Qingyu held its first board meeting of the new year.

After the meeting, Guo Xiji came to report the meeting to Park Zhenhe, "The meeting discussed the proposal to acquire PJ Logistics."

"Oh? Li Zhenshu still refuses to give up. What's the planned purchase price?"

"1.2 trillion, and they also asked for a paid capital increase."

"What's the final result?" Park Jin Hyuk asked.

Guo Xiji lowered his head and said, "Both motions... were passed, with 6 votes in favor and 4 votes against."

"Passed?"

"Yes, I didn't expect it to pass." Guo Xiji seemed very uneasy.

"That's very interesting."

"I was careless. Li Zhenshu brought the proposal to the meeting on the grounds that the charter had been revised, but did not specify the investor for the paid capital increase." Guo Xiji said with his head down.

"It's absolutely true that a cornered dog will leap over a wall... But I believe Sanfeng won't succeed. President Guo, how much capital does JH Investment have available right now?"

"The funds that can be mobilized are around 3 trillion yuan," Guo Xiji replied.

"Well, that's enough. Please prepare for the paid capital increase as soon as possible."

"...We are going to increase Qingyu's capital with compensation?"

"Yes, it's not Sanfeng but DS who will take over Qingyu."

"Are you planning to... compete with Sanfeng?"

"Why? Are you worried that we can't defeat you?"

"I think now is not the best time to compete with Sanfeng. Sanfeng is still very strong. If Sanfeng completes the transition to the second generation, it is expected to disintegrate into several blocks, and its strength will weaken by then," said Guo Xiji.

"I agree with you."

"Then why do you want to do this at this time..." Guo Xiji couldn't help but ask.

Park Jin Hyuk didn't answer him, but called Kim Jun Woo in and instructed, "Spread the news immediately."

"Yes." Jin Junyu agreed and left the office.

Park Jin Hyuk then said to Guo Xiji: "If the timing is not right, I will find a way to create it."

Guo Xiji still didn't understand what the boss wanted to do.

"President Guo, what you need to do now is to prepare the funds for paid capital increase."

"Have you decided on the paid capital increase?"

Park Jin Hyuk nodded and said, "It's not just about increasing the capital of Qingyu, but also this project." As he said that, he handed the information of C Photovoltaic Company to Guo Xiji.

“Isn’t this a photovoltaic company?”

"The news I just had Team Leader Jin spread is that DS Electronics will acquire this company, and JH Investment will also participate as a financial investor. You need to prepare 1 trillion won in funds for this."

After Park Jin Hyuk finished explaining the work, Guo Xiji left.

Jin Junyu walked in and reported, "Vice Chairman, I've leaked the news to the media. DS plans to enter the photovoltaic industry by acquiring Company C, and Buchanan is supporting DS behind the scenes..."

"Okay, let's add fuel to the fire. We'll hold an extraordinary board meeting in three days."

After the news that DS would enter the photovoltaic industry came out, it immediately triggered various speculations in the market.

Some people question why DS wants to acquire American companies and build photovoltaic power stations in the United States instead of conducting this business in its own country or Asia.

Some people also believe that South Korea does not have enough sunshine and land available for building photovoltaic power stations, so it is a wise choice to develop photovoltaic business in the United States.

*** *** ***

When the day of the DS Group's interim board meeting arrived, Park Jin Hyuk came to the prepared meeting room and waited for the arrival of the directors.

Park Haorong, former president of the Entrepreneurs Association and independent director of DS Group, walked in.

Park Jin Hyuk said, "Long time no see, please come in."

"Vice President Park, I haven't seen you for a while. You look so good. When do you plan to let President Park hold his grandson? If so, President Han will probably wake up too."

"Really?" Park Jin Hyuk responded with a smile.

Then, former Minister of Oceans and Maritime Affairs and independent director Jeon Sang-jin walked in.

"Commander Quan, long time no see."

"After retirement, I usually stay at home gardening and reading. If it's not for DS board meetings, I rarely go out."

All the directors were present, and Park Jin Hyuk started the meeting in a relaxed atmosphere.

"Director Park Haorong just said that there have been a lot of rumors about DS recently."

Kim Jae-hwan, former head of the Ministry of Strategy and Finance, said, "Yes, everyone is paying close attention when they hear that DS is going to hold a board meeting."

"The investment in a single project has reached 30 trillion yuan, so of course the outside world will pay attention to it." Li Yongbin was referring to the US solar energy project.

Qiu Guangzhu also said: "As far as I know, this project is the largest investment by a single company in the history of South Korea. Our DS Electronics' investment has reached 2 trillion won."

After listening to these speeches, the directors nodded one after another, and everyone seemed very pleased with the rapid development of DS.

Jeon Sang-jin asked, "Vice Chairman Park, I wonder what the purpose of today's extraordinary board meeting is? Is it to review the upcoming projects?"

Normally the board of directors would give notice 15 days in advance, but this time the interim board of directors gave notice three days in advance.

Facing the directors' questioning gazes, Park Jin Hyuk replied, "Since the chairman's retirement, the chairman's position has been vacant. I don't think this situation can continue."

As he spoke, he glanced at the vacant chairman's seat and said, "That's why I convened today's interim board meeting."

The meeting room fell silent. After a moment, a director said, "Do you mean that today's meeting is to elect a new chairman?"

"Yes." Park Jin Hyuk nodded.

"The chairman's position will be yours sooner or later. You'll naturally be elected at the next shareholders' meeting, right?"

What he meant was, is it necessary to elect a new chairman in such a hurry?

Park Jin Hyuk responded, "Having said that, I wonder if anyone here disagrees with me being the chairman? If so, please raise your disagreement and recommend other more suitable candidates."

After hearing this, everyone present fell silent.