Guo Xiji explained:
"By signing a contract based on the OSP and stipulating that we choose the execution time of the contract, we can wait for a while. The benchmark price of Dubai crude oil is likely to continue to fall. In this case, it is possible to complete the transaction at the price you mentioned of $3 or even lower."
Park Jin Hyuk was very satisfied with Guo Xiji's analysis.
This is where the value of executives lies.
"That's a great idea. You should first verbally respond to Aramco, agreeing to their offer. Then, you can draft a contract listing five transaction dates. I'll determine the final date."
Guo Xiji thought, list five transaction time points and let the chairman choose? Is he going to draw lots to decide one?
He believed that Park Jin Hyuk must have his reasons, so he replied:
"I'll prepare as you say."
Park Jin Hyuk returned the phone to Kim Jun Woo.
As he walked, he thought that if he was so lucky, the oil from this transaction might be free.
*** *** ***
Wu Ruiying has been waiting for Park Jin Hyuk for almost an hour.
She was pacing back and forth in the office.
Park Jin Hyuk walked in.
"What brings you here?"
Seeing that Park Jin Hyuk had finally returned, Wu Ruiying immediately stepped forward and said:
"Zhen Hyuk, I have something urgent to talk to you about."
Park Jin Hyuk sat down on the sofa.
"Sit down and tell me, what happened?"
Before Wu Ruiying could explain what was going on, she started wiping her tears with a tissue.
Seeing this, Park Jin Hyuk said:
"The tea is cold. Let me get some fresh tea."
"No, I'm not thirsty."
"What the hell is going on?"
"WEST Airlines, WEST Airlines is going through bankruptcy liquidation procedures."
"Bankruptcy liquidation?"
Park Jin Hyuk was a little surprised.
"Is that what the president meant?"
"Yes, this is the decision made after consultation between the president and Daming Group."
"What's the reason? Are you out of money? Didn't you just raise funds?"
Currently, WEST Airlines is suspended and all employees are on unpaid leave at home.
Although there are some fixed expenses, such as loan interest and office space rent, the company should be able to afford them.
"We thought the situation would recover this year, so we adopted a more aggressive business strategy last year, renting more aircraft and buying a lot of aviation fuel. But you know how aviation fuel has to be scrapped if it's not used for more than three months."
Last year, during the first Paris flu outbreak, West Airlines was hit hard.
As the flu epidemic eased, Wu Ruiying implemented relatively radical measures in an attempt to revive the company.
They rented planes, bought fuel, and hired more staff, and were praised by the government for this.
Unexpectedly, the epidemic broke out again this year and all flights, including domestic routes, were suspended.
In the first half of this year, the number of flights did not exceed 10.
Park Jin Hyuk said:
"Have you used up all the funds I helped you raise last time?"
"It ran out two months ago."
"So what have you been doing these past two months?"
When asked this by Park Jin Hyuk, Wu Ruiying lowered her head in shame.
"You think the situation will get better in these two months, right?"
Wu Ruiying was speechless. She silently picked up the teacup and took a sip of tea.
If you don't want to go bankrupt, you must first ask your creditors for a debt extension.
So, Wu Ruiying came to find Park Jin Hyuk again.
"I made a mistake in my judgment. I accept whatever you say to me. I just want you to help me one more time."
Park Jin Hyuk placed the teacup on the coffee table.
"Do you know what I did just now?"
"You said you were going to a meeting..."
"Did you know that the president is also attending the meeting today?"
"The president is here too?"
A smile appeared on Park Jin Hyuk's face.
"The DS Telecom board of directors convened today. Do you know what the agenda was?"
"have no idea."
"The agenda of the meeting is to remove me from my position as chairman."
"...are you going to be relieved of your duties?"
Wu Ruiying was very surprised.
"Yes."
"...Was it the president's idea?"
"Who else could it be other than the president?"
"How could he do this? First he bankrupted West Airlines, and now he's going after you. He's ruined his sons like this. What on earth does he want to do?"
Wu Ruiying looked like she was speaking up for Park Jin Hyuk.
"Do you know why the president dismissed me? ...The reason has something to do with you."
Wu Ruiying's eyes suddenly widened, as if she had guessed something.
"Yeah, that I'm addicted to drugs."
"Ah? ...Isn't this...that thing already in the past?"
“However, the motion did not pass.”
“…Why didn’t you pass?”
Wu Ruiying asked without hesitation, knowing what it meant to take drugs in South Korea.
"You think it should go through, don't you?"
"That's not the case..."
Wu Ruiying realized that she had let the cat out of the bag and quickly explained.
In fact, she has always remembered this incident.
If necessary, she is also prepared to use this matter to threaten Park Jin Hyuk.
Park Jin Hyuk saw through her thoughts and said:
"I was prepared in advance. Trying to frame me by using drugs is impossible."
Park Jin Hyuk stared at Oh Seo Young.
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