I Become a Chaebol in Korea: Unique Insight

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...

Chapter 68 The Third Option

Xuan Yizhu said:

"Headmaster, we have to get ready too."

"If you have any good ideas, please tell me."

As he spoke, Park Jin Hyuk straightened up, ready to listen.

Park Jin Hyuk has no mother or the girl's family to support him. All he has are the people in front of him, Hyun Yi Soo, three team leaders and Secretary Kim.

"I discussed with several team leaders for a few days and came to the conclusion that there are two feasible options.

The first is to continue to deepen our presence in DS Construction. Currently, DS Construction's annual revenue is 2 trillion won. We have collected receivables from the Basmaya project, and have successfully completed a paid-in capital increase.

By using these funds to continue developing the KarAT project, it won't be long before revenue reaches 3 trillion or even 4 trillion won.

By then, we can add subsidiaries and build something that will most likely become one of the pillar industries of the DS Group."

"When you say it won't take long, how long do you mean?"

"It will take about five years, or three or four years if it's fast."

After hearing what Xuan Yizhu said, Park Jin Hyuk fell silent.

In fact, for a company to triple its revenue within 3 or 4 years, it is already very fast.

What's more, it is measured in trillions, which can be called a leapfrog growth.

But for Park Jin Hyuk, 3 or 4 years is too long.

According to Wu Ruiying's various operational judgments, the situation of DS Group may undergo earth-shaking changes in 3 or 4 years.

Xuan Yizhu saw Park Jin Hyuk's worry and continued:

“The first option is more reliable, but it takes a relatively long time, so we developed a second option.

It means taking control of a subsidiary that is not under your control."

"Could you elaborate on that?"

"DS Group has seven major business segments. The communications segment is controlled by Vice Chairman Park Soo-man, while electronics is controlled by your third uncle, Park Kyung-man. Finance, heavy industry, and chemicals, the group's founding businesses and financial lifelines, are directly managed by the chairman."

Hearing this, Park Jin Hyuk recalled the last time he saw his third uncle.

In front of everyone, Park Soo-wan would pretend to be polite, but Park Kyung-wan completely ignored Park Jin-hyuk.

Park Jin Hyuk already knew what Hyun Yi Soo was going to say.

"You want me to take control of the pharmaceutical industry, don't you?"

"Yes, if you can't wait another three or four years, then grab the business that has already reached scale."

"Pharmaceuticals, pharmaceuticals, pharmaceuticals..."

Park Jin Hyuk lowered his head in thought.

This was an area he had no knowledge of.

In recent years, the word "bio" has been added in front of many nouns, such as biochips, biodiesel, biopesticides, etc. These are all related to the biopharmaceutical field, and many companies have entered this field.

But that was all he knew about pharmaceuticals, and he had no confidence in controlling DS Pharmaceuticals.

Xuan Yizhu saw Park Jin Hyuk's worry and said:

"Director, don't worry. There's actually not much difference between pharmaceutical manufacturing and construction. In fact, the situation there will be better than the original construction. And don't we have us? If we go together, there will be no problem in taking control of the pharmaceutical industry."

Park Jin Hyuk touched his chin and continued to think about something.

Seeing that Park Jin Hyuk remained silent, Hyun Yi Soo and the three team leaders looked at each other and said nothing more.

After a while, Park Jin Hyuk raised his head and said in a clear tone:

“I don’t want to choose either of the above two options.”

"What? What do you mean?"

Xuan Yizhu asked with a puzzled look on his face.

At present, it can be said that there are only these two options available, but Park Jin Hyuk said that he is not considering either option.

Hong Mingchen took a step forward and said to Park Zhenhe:

"Minister, what do you think of this plan?"

It seems that they had a third option, but it may have been eliminated by them.

"You tell me, the more options we have, the better."

“This method may seem simple, but it may be the most effective.”

"Most effective? Then why didn't you say that at the beginning?"

"Because...we thought you might not agree."

"What kind of plan?"

Before Hong Mingchen could finish his words, his expression had already become somewhat awkward, but he still mustered up the courage to speak:

"Section Chief Park Sang-hyuk is seeking support from the woman's family. You could actually use this approach. The women he's looking for are from around 20 business families. With your qualifications, you could find a woman who's on par with DS, since you're both the first heir to the DS Group and the eldest grandson of Dongjing Industry."

Hyun Yi-soo and the other two team leaders were also looking at Park Jin-hyuk, and they all wanted to know how Park Jin-hyuk would react.

Park Jin Hyuk smiled and shook his head.

"I understand, but I have no intention of getting married yet."

"Why? Are you worried about your past reputation?"

"Team Leader Guo, what are you talking about?"

"Sorry! Sorry!"

Guo Xiji realized that he had said something wrong and quickly apologized.

Park Jin Hyuk said with a smile:

"I don't want to solve the problems I'm facing through marriage."

Xuan Yizhu said:

"In fact, marriage is the fastest and most effective way..."

Xuan Yizhu also agreed with Team Leader Guo's point of view, but he was too embarrassed to say it out loud.

Now that Team Leader Guo has spoken out, he has also expressed his opinion, but Park Jin Hyuk seems very determined.

"I really haven't thought about getting married yet."