Chapter 239 Would you like to join us?



Seeing this, Park Jin Hyuk picked up the remote control and turned off the TV, then said to others:

"The accusations are getting louder and louder."

Xuan Yizhu said with some concern:

"It's still quite polite on TV. Down there it's even more serious than that."

"How serious is it?"

Mao Dayong answered for Xuan Yizhu:

"There's already an online petition calling for an increase in Bidafil production, and there are calls within the Ministry of Health and Welfare for a change of leadership."

Park Jin Hyuk lowered his head and thought for a moment before saying:

“How’s the clinical trial going?”

"The data shows that the effect is very good. All 40 patients who participated in the Phase 1 clinical trial have recovered. We are ready to start the Phase 2 clinical trial, but... it will probably take some time."

"What? Are you having any problems?"

"Chief Zheng has given us great support, but there are still some procedures to go through, so we can't start the Phase 2 trial right away."

New vaccines and treatments concern the safety of public life, so caution is required.

Park Jin Hyuk certainly knew this, so he never urged Mao Dayong.

"Chairman, what do you think about making the vaccine development public?"

It's not that Park Jin Hyuk hasn't considered this issue. Making the information public can solve all the problems he is facing now.

"Not yet. If we disclose the fact that we are developing a vaccine, it would be equivalent to confirming the existence of the virus variant. In this case, other pharmaceutical companies will follow suit, and our advantage will be gone. There is no need to disclose it proactively."

Mao Dayong said:

"If this continues, there will be more and more criticism against DS Pharmaceuticals."

At this time, the office door was pushed open, and Jin Junyu and DS Securities President Zheng Zanyong walked in.

"Hello, Chairman!"

"Please come in, we are discussing the issue of DS BilLogics."

Zheng Zanyong looked at the people present. He knew everyone except Guo Xiji from JH Investment.

Park Jin Hyuk said to him:

"Everyone here is a president. You know them all, right?"

"Hello everyone!"

His gaze stopped on Guo Xiji. Is this person also the president of DS subsidiary?

Park Jin Hyuk saw his doubts and pointed at Guo Xiji and said:

"This is JH Investments' President Guo Xiji."

"Why is the president of JH Investments...?"

Zheng Zanyong couldn't help but ask.

"He worked with me when I was the director of the organizational restructuring department at DS Construction."

"Could it be that JH Investment... is yours...?"

“Yes, it’s my company.”

Zheng Zanyong was so surprised that he didn't know what to say.

"I invited you here today not because of JH Investment, but because I want to hear your opinion on DS BioLogics. What should we do now?"

Zheng Zanyong smiled.

“If JH Investment is your company, it will be easy.”

"What does it have to do with DS BioLogics?"

"Of course. I've been thinking about the DS BioLogics issue these past couple of days and I've come up with a solution."

Zheng Zanyong looked at Guo Xiji and said:

"President Guo, as far as I know, Asahi System Integration's performance last year was quite good. JH Investment received a lot of dividends, right?"

"You know this company very well."

"I'm an investor, so of course I keep an eye on the unicorns in the industry. Compared to the previous year, Xuri System Integration's revenue increased fourfold, and its profit increased 100-fold."

Due to its good performance, investors of Xuri System Integration received good dividends.

"Excuse me, how much dividend did JH Investment receive? In Korean won, it's around 20 billion (about 106 million RMB), right?"

Guo Xiji did not answer Zheng Zanyong's question, but turned his gaze to Park Jin Hyuk.

Although he is the president of JH Investment, he is actually managing Park Jin Hyuk's personal assets.

The question Zheng Zanyong asked was equivalent to asking how much money Park Jin Hyuk earned.

Park Jin Hyuk said frankly:

"The actual dividends received were more than 20 billion."

"In other words, you have 20 billion in cash available?"

"That's more cash than can be mobilized."

This was exactly the answer Zheng Zanyong hoped to hear. He was not in a position to ask such a question directly, and it would be best if the person involved took the initiative to speak out.

"Great! I think DS BioLogics' problem can be solved."

He said confidently:

"Due to various unfavorable news, DS BioLogics' stock price has fallen, causing anxiety among shareholders. So, if we can curb the stock price decline, will the problem be solved?"

Hearing this, Park Jin Hyuk had already guessed what his method was.

Zheng Zhanyong said to Park Jin Hyuk:

"Actually, the method I'm going to talk about is one you've used before. Use the funds you have available to you to buy DS BioLogics stock. While you're at it, you should also announce that you'll buy back any time the stock price drops."

"Do I really need to use cash to buy stocks this time?"

"Under the current circumstances, we must invest real money to make it work."

“And also show a responsible attitude to shareholders?”

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