Chapter 306 The First Chair



Jin Junyu nodded and said:

"The two were introduced by a friend and dated secretly for three years... Initially, the Sanfeng family paid little attention to their relationship and did not interfere."

"Um….."

"Later, when the two sides were discussing marriage, Sanfeng investigated the man and discovered he was the illegitimate son of the Mingcheng Group. He immediately did a 180-degree turn and expressed strong opposition."

Park Jin Hyuk took a sip of coffee and said:

"Before, the media reported on an illegitimate child of Mingcheng Group, right?"

"Yes, it is a daughter."

"How old is the chairman of Mingcheng Group?"

"The same age as your grandfather."

"It seems he's the founder of the first generation. The old man is really energetic."

Three years ago, Mingcheng Group was involved in a scandal involving an illegitimate daughter, which became the focus of media reports.

At that time, a 28-year-old young woman was suddenly appointed as the head of Mingcheng Group's fashion division and enjoyed the treatment of a president.

Mingcheng Group explained that the woman was the lover of the chairman's son and current vice chairman, but after a media investigation, it was discovered that this was not the case. The young woman was the illegitimate daughter of the chairman and the group's image spokesperson and official model.

"Is this son also born to that model?"

"no."

"So there's another woman?"

"Yes, mother was a barmaid."

“Hehe~”

Now, Park Jin Hyuk understood why the Sampoong family strongly opposed it. If it were an ordinary person, they would say that the background of this illegitimate child is worse than that of ordinary people.

“How did Mingcheng Group see that illegitimate child?”

In fact, even without being told, Park Jin Hyuk could guess roughly what was going on.

Jin Junyu said:

"When the illegitimate daughter was made public, most of the Mingcheng family opposed it. However, the old chairman ignored his family's opposition and forced it to be made public. However, he also seemed unwilling to publicly acknowledge this illegitimate child."

"The first time caused such a big stir, I definitely don't want it to happen again, especially since the mother of the illegitimate child is of that status."

"Sanfeng also forcibly separated the two people because of this."

Park Jin Hyuk shook his head regretfully.

After a moment, he asked again:

"In recent years, Sanfeng has invested a lot of money in e-commerce business, right?"

“Yes, it intends to dominate the domestic e-commerce market and has made considerable progress.”

"I heard that he planned to let his youngest daughter inherit the business."

"That's right."

"What now?"

"Sanfeng's e-commerce business generated approximately 7 trillion yuan in revenue last year and is expected to reach 10 trillion yuan this year."

"Such a good business, now that the owner is gone, the other children will definitely have ideas."

"I also believe that there will soon be internal fighting within Sanfeng regarding the e-commerce business."

"We need to pay special attention to the movements of the Sanfeng Group, as there may be changes within it."

For Sanfeng, 10 trillion (about 52.9 billion RMB) may not be a big deal.

However, e-commerce business is a sunrise industry in the future and can empower other businesses. From this perspective, its significance is extraordinary.

As his own strength continued to grow, Park Jin Hyuk was no longer satisfied with making DS a top ten company. He set his sights on the number one spot.

Although there is still a gap in strength between DS and Sanfeng, he believes that as long as they seize the opportunity and continue to grow and develop, there is a chance to turn the tables and take the lead.

*** *** ***

As time goes by, the price of crude oil rises little by little.

It has now risen from single digits to nearly $20.

After Venezuela's oil minister revealed that major oil-producing countries would hold a meeting to study production issues, oil ministers from other oil-producing countries began to express the same meaning.

In this context, DS Energy's stock price began to soar.

It first rose to 100,000 yuan, and now it has exceeded 120,000 yuan.

After completing the 3 trillion yuan transfusion, coupled with the continued rise in crude oil prices, everyone is optimistic that DS Energy will regain its former glory.

In Park Jin Hyuk's office, Park Jin Hyuk and several of his subordinates are studying the changing trends of oil prices.

Guo Xiji said:

"Chairman, do you want to buy crude oil now?"

"Do you think Amei will agree?"

Guo Xiji did not answer.

“Even if we wanted to buy in advance, Ami wouldn’t agree.”

“I think we can ask them…”

Every $1 increase in oil prices means Park Jin Hyuk loses $20 million.

"Oil prices have already risen by $5 compared to when the contract was signed. In the blink of an eye, hundreds of billions have been 'lost,' and it looks like they will continue to rise."

Even Xuan Yizhu couldn't help but say:

"Chairman, I also think President Guo's suggestion is worth considering."

There was no sign of tension or anxiety on Park Jin Hyuk's face.

He said:

"Then you can try contacting Amei. If she doesn't agree, it's better not to force her."

Park Jin Hyuk agreed, so Guo Xiji immediately got up and said goodbye, preparing to go out to contact Amei.

The next day, Guo Xiji and Xuan Yizhu came to Park Zhenhe's office again.

"How is it? Did Amei agree?"

Guo Xiji shook his head.

"No matter what I said, they refused to agree. They said if the contract could be changed at will, then what was the point of signing it?"

"You're right."

Xuan Yizhu also said regretfully.

Today's oil price has risen by another $2 compared to yesterday.

Park Jin Hyuk said with a smile:

"I think this is good."

Kwak Seok-ki and Hyun Yi-soo looked at Park Jin-hyuk in confusion.

"That way, when the actual transaction comes, they won't have anything to say. President Guo, no matter how much Amei complains, don't listen to them. Just say we wanted to trade earlier, but they refused."

"Are you so convinced that oil prices will rise?"

Guo Xiji looked at Park Zhenhe in confusion.

In the following days, the price of crude oil continued to rise.

The oil ministers of major oil-producing countries decided to hold a meeting to discuss oil production issues.

Once the news came out, the rise in oil prices became even stronger.

In addition, DS Pharmaceuticals announced that it has prepared 50,000 doses of vaccine and is about to start phase III clinical trials.

As a result, the share prices of DS Energy, DS Pharmaceuticals and DS Group are all soaring.

People are saying that Chairman Park Joon-wan is still as skilled as ever and has regained the upper hand in the competition with Park Jin-hyuk.

Although Park Jin Hyuk has performed well in vaccine research and development, he still cannot compare with his father in crisis management.

But recently, Park Jin Hyuk's focus is not on the DS Group, his attention is focused on the Sampoong Group.

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