Chapter 197 I Still Want Qingyu Venture Capital



Park Jin Hyuk said to Han Jun Hwan:

"Hearing you say that, it seems you are very confident about what you have prepared."

"Of course I'm sure. Chairman Park is more anxious than I am right now, so I got more than I expected. Isn't that what you wanted too?"

"I don't deny it."

Park Jin Hyuk knew that all the news must have reached his father's ears.

Therefore, he must have accelerated the pace of acquiring Qingyu Energy. During the negotiation process, the anxious party would inevitably make more concessions.

Han Junhuan didn't need Park Jin Hyuk to say much, he knew how to cooperate.

Park Jin Hyuk saw that Han Jun Hwan was indeed a good partner.

Han Junhuan smiled and gestured to the secretary.

He took a folder from his secretary and handed it to Park Jin Hyuk.

"This is a letter of intent. The formal contract will be signed by Xin Guoquan of DS Heavy Industries."

"It's arranged like this."

Secretary Huang once persuaded Park Jin Hyuk to attend the contract signing ceremony, but Park Jin Hyuk firmly refused.

Park Jin Hyuk took a look at the contract signed by Secretary Huang on behalf of Park Jun Wan and Han Jun Hwan.

The two parties will exchange DS Technology with Qingyu Energy. For the shortfall, DS Group will compensate with the equity of DS Corporation.

"You understand exactly what I mean."

"I know exactly what you want."

Park Jin Hyuk continued to look through the documents attached to the contract.

Han Junhuan explained:

"Because I know your goal, I've proposed to Chairman Park a share swap, with the condition being mutual support in the event of a hostile takeover. So, how's that going? Did I lend you a hand?"

“How much equity do you hold in total?”

"The exchange company received 3%, and the related exchange equity received another 3%, for a total of about 6%."

"If it's 6%, then you'll be the second-largest shareholder besides my father."

"Haha, don't you still have it? Do you think I don't know what you've done? You've at least mastered 10% of it."

Park Jin Hyuk smiled but didn't answer.

"I plan to give all of this to Ji-yeon as a dowry for my marriage."

"Now that DS holds Qingyu's shares, combined with what Miss Zhiyan holds, it's possible that they could shake Qingyu's control. Aren't you worried?"

"Hahaha, I'm waiting for that day to come, but I have to remind you that shaking Qingyu may not be that easy. It's much more difficult than controlling DS. To be honest, this time it was because Chairman Park was not in the country that you took advantage of the opportunity, right?"

"You have a point, but if you want to find it, you can always find a flaw. Just wait and see. After I control DS, Qingyu will be next."

"Okay, I'll wait then."

Han Junhuan looked as if he was looking forward to that day.

"Now, let's talk about another question."

"What's the problem?"

"How do you plan to compensate Qingyu Energy for the losses it has caused to DS?"

"What kind of loss? How could there be a loss? If I hadn't planned on expanding the national defense industry, I wouldn't have given up Qingyu Energy. You know that, right?"

As he spoke, Han Junhuan put away his smile.

Park Jin Hyuk could see that Han Jun Hwan was already aware of the possible major market changes.

Otherwise, he would not have handed over Qingyu Energy to DS as a dowry.

"It's best to sell off non-performing assets as soon as possible, otherwise they will be left hanging in the balance."

"What do you mean by that?"

Han Junhuan continued to pretend to be confused.

"You may have been able to hide this from my father. Of course, he may have noticed it, but he still made the decision to acquire the company. However, I believe the losses will be too great. So, shouldn't we recalculate the account for this transaction?"

Han Junhuan frowned and raised his hand to signal his secretaries to go outside.

Jin Junyu also left the president's office.

Now, there were only two of them left in the president's office.

Han Junhuan picked up the teacup and took a sip of tea.

"Did you hear anything?"

"No."

"Then this is..."

"That's my personal judgment."

"That's ridiculous! How could you make such an unfounded judgment?"

"If that's the case, I will vote against Qingyu Energy's acquisition at the board meeting. Of course, my opposition alone may not be enough to veto the acquisition, but if the news gets to the shareholders' meeting, I'm afraid... And if my judgment comes true in the future, how will Qingyu Group respond?"

Han Junhuan also heard the rumors in the market.

But he believes that the possibility of the rumors becoming reality is very slim, and he did not sell Qingyu Energy because of the rumors in the market.

These two things happened to coincide with each other, so it is indeed unfair to blame him for the problems caused by the acquisition of Qingyu Energy.

But if the rumors in the market become reality, the trust between DS and Qingyu will collapse, and the reputation of Qingyu Group will be tarnished.

"I'm sure you won't do that."

"Why are you so confident?"

"In that case, I will terminate this transaction first, and you will not get 6% of DS shares."

"Do you think 6% of the shares are that important to me?"

Han Junhuan didn't know whether Park Jin Hyuk was bluffing or really would do it.

What he was worried about was that if Park Jin Hyuk really opposed the merger, the impact on Qingyu Group would be too great.

"Well, what is your purpose?"

"Do you agree with what I said?"

"No, I don't agree. No one knows whether the situation you described will actually happen. Even if it does happen, it's not Qingyu's fault. We can only blame DS for not noticing it beforehand."

Although he has been caught by Park Jin Hyuk, Han Junhuan still decided to pretend to be confused to the end.

"Well, please stick to this attitude and answer just as you did before, no matter what happens next."

Han Junhuan looked at Park Jin Hyuk in confusion.

"Do you have any accurate information?"

"That's not important. What matters is your attitude. Please remember that DS was the first to propose this deal, and the terms of the transaction are fair and mutually beneficial."

As he spoke, Park Jin Hyuk picked up the teacup and glanced at Han Jun Hwan.

"Is that all you want to say?"

Park Jin Hyuk knew the time was ripe.

"In addition to the 6% stake, I also want Qingyu Venture Capital."

"Qingyu Venture Capital?"

Large companies usually have their own venture capital companies.

If venture capital business is done well, you can make a lot of money, just like Park Jin Hyuk's investment in North Pharmaceuticals, but it is very difficult to select valuable companies among the many investment targets.

Once the investment fails, the money may be lost. Therefore, although most companies have established venture capital companies, they have basically no business or only make small-scale investments.

The same is true for Qingyu Group’s venture capital company.

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