Executive Director Jin said:
"Yes, I'm afraid he is opposed to the acquisition of Qingyu Energy."
"Then why did the president let him be in charge of this project?"
"I think the two of them disagreed on this project, and they were probably just competing with each other."
"Could it be that there is something wrong with Qingyu Energy?"
"Who knows? Let's wait and see."
General Manager Jin seemed to know something, but he didn't continue.
Recently, Kim Jun-woo has been collecting information about Qingyu Energy, making reports and reporting to Park Jin-hyuk regularly.
"Qingyu Energy's operating conditions are relatively stable, with no signs of deterioration. The company has advanced technology, a low debt-to-asset ratio, good cash flow, and high product profit margins."
"That's it..."
"It's a very good company. In addition to oil refining technology, it also possesses other high-end technologies, such as world-class drilling technology and power plant construction technology."
"So, if we exchange DS Technology for it, we won't lose anything?"
"Based on the current situation, that's the case."
"So under what circumstances will the company's situation deteriorate sharply?"
"After research, we believe this is only possible if oil prices plummet."
Jin Junyu continued to explain:
"In other words, only when oil prices fall by more than $20 over the course of two or three months will Qingyu Energy incur the trillion-dollar losses you mentioned."
"Hmm...has this ever happened before?"
"No, when oil prices fall, oil-producing countries led by OPEC will cut production to curb the continued decline in oil prices, so this situation is unlikely to occur."
Park Jin Hyuk lowered his head in thought.
Everyone knows that oil refining is a relatively safe and stable business, and large-scale losses are only a theoretical concept.
"So... under what circumstances would oil prices plummet?"
Recently, Jin Junyu heard some rumors in the market, but they were just rumors, so he didn't know whether he should tell them.
Park Jin Hyuk looked at him.
"Just tell me what you want to say, and I'll make the judgment myself."
"There have been recent rumors that the United States and OPEC may engage in a fierce competition for oil hegemony."
“Oil hegemony?”
"Yes, although the United States is also an oil-producing country, its production has always been small, mostly for domestic use, and it still relies heavily on imports. However, this year, this situation has reversed, and the United States has become the world's largest oil producer and exporter, thus forming a situation of competing with OPEC for oil control. However, the United States' oil production methods are different from those of Middle Eastern countries, and the cost of production in the United States is significantly higher than that of OPEC countries. Therefore, the market believes that OPEC will hit American oil companies by lowering oil prices and driving them into bankruptcy."
"Will OPEC manipulate oil prices to drop sharply to achieve this goal?"
"Yes, but...it's just a guess."
"guess?"
Park Jin Hyuk looked at Kim Jun Woo, and Kim Jun Woo explained:
“OPEC is led by Saudi Arabia, which has a very good relationship with the U.S., so the chances of OPEC doing this are slim.”
“Is that your opinion, or is that the market’s opinion?”
“That’s the market’s view.”
Jin Junyu believes that out of 100 people, 99 would hold this view.
But what he didn't know was that his boss was the one who held a different opinion.
"Based on your speculation, I will do an in-depth analysis."
Jin Junyu looked at his boss in confusion.
"What? Didn't I make it clear? Analyze the impact of a plunge in oil prices on related industries, including Qingyu Energy."
After saying that, Park Jin Hyuk stood up.
"Director Jin, cheer up. You have a very important meeting soon, and you can't be in this state."
"sorry."
"No need to apologize. I'm convinced that the acquisition of Qingyu Energy will bring significant losses to DS, so we have to prepare for it in advance."
Park Jin Hyuk patted Kim Jun Woo on the shoulder and walked out of the office.
Just a few days ago, Secretary Huang suddenly flew back from Vietnam.
He conveyed the chairman's instructions to Park Jin Hyuk, asking him to be responsible for completing the acquisition of Qingyu Energy.
However, Park Jin Hyuk flatly rejected this arrangement.
He also told Secretary Huang a piece of news that surprised both him and the president.
"I'm dating Ms. Han Ji-yeon and we're planning to get married."
Despite being surprised, Secretary Hwang was happy for Park Jin Hyuk, as he was finally getting back on track in his personal life.
But Park Jin Hyuk knew very well that his father would definitely not think so, and he would definitely take action after hearing the news.
In order to confirm the current situation, Park Jin Hyuk once again came to the headquarters of Qingyu Group.
Today was different from last time. The secretaries and security personnel from the president's secretariat were in the hall, waiting for his arrival.
The Secretary-General bowed and said:
"Chairman Park, the president is waiting for you."
His voice was so loud that it attracted the attention of everyone in the hall.
Park Jin Hyuk smiled and replied:
"You're so loud, I'm embarrassed."
The Secretary-General not only did not restrain himself, but continued:
"The young lady will be here soon. The president means that 'a son-in-law cannot keep his father-in-law waiting', so I hope you can hurry up."
"What are you doing?"
The secretary smiled and did not answer. He led Park Jin Hyuk into the elevator and then said:
"Chairman Park, the chairman asked me to say that, so please bear with me."
"It's not about tolerance or non-tolerance. If the president wants to do this on his own turf, who can say anything? As long as he doesn't do it in DS, it's fine."
The chief secretary lowered his head in embarrassment.
Park Jin Hyuk smiled and walked out of the elevator.
Seeing Park Jin Hyuk walk into the president's office, Han Junhuan immediately stood up.
"Oh, what a distinguished guest!"
"President Han, if you do this, what should I do if Miss Zhiyan and I break up?"
"What else can I do? I'll just have another daughter, hahaha."
Park Jin Hyuk and Han Jun Hwan have only met three times.
However, Han Jun-hwan has already started joking with Park Jin-hyuk so intimately.
It can be said that he is more experienced than Park Jin Hyuk, who has a lot of sales experience.
"President, let's sit down and talk."
Han Junhuan smiled and sat down.
"Is my daughter quite temperamental? You'll have to be more tolerant of her after we get married... Are you going to say again that I have no right to say this, hahahaha."
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