In response to the president's question, Secretary Huang replied:
"President, the painting you hung in your study was also noticed by the young master. He really has an extraordinary vision!"
"How can you be so accurate in judging people? You can tell what kind of person they are after just five minutes of talking to them?"
"Just like Bole selecting horses, he has the ability to discern talent."
"This kind of ability can't be cultivated... Is it innate?"
Secretary Huang had been observing the president's expression. At this moment, he lowered his head and said:
"Congratulations, President!"
"Congratulations? Congratulations on what?"
"If you want to lead the DS Group fleet to brave the wind and waves in the future, you must possess a far-sighted vision. Now that Young Master Zhenhe has demonstrated this ability, how can we not be overjoyed?
President, it seems you can rest assured."
"You're always on his side. What can you tell from such a small thing? Right, Vice President Xuan?"
Although he said this, Park Junwan's face was filled with unconcealable joy.
Xuan Yizhu was thinking with his head down, and when the president asked this, he quickly raised his head.
"Yes, you are right."
"You have to help him. He still has a lot to learn."
"Please rest assured that I will do my utmost to assist Director Park and complete this organizational restructuring."
Although Xuan Yizhu said this, he still couldn't figure it out.
"What's going on? The chairman said he didn't tell him anything beforehand. Is Park Jin Hyuk a god?"
*** *** ***
DS Construction is holding a business discussion meeting.
The atmosphere of today's meeting was completely different from the first board meeting held by Park Jin Hyuk.
Because only one-third of the participants were left at that time.
Despite the reduction in staff, the atmosphere is even more serious than when the organizational adjustments were discussed.
"No matter what, it's still about money, right?"
Park Jin Hyuk sat at the top of the conference room, twirling the ballpoint pen in his hand, and asked Kwak Seok Ki who was standing in front of him.
Team leader Guo has just reported on the financial status of DS Construction.
He pointed out that if the current situation continues, the company will soon face the crisis of capital erosion.
Although everyone was aware of the problems facing the company, when the problems were presented with specific numbers, everyone fell silent.
“Yes, it’s a funding issue.”
“What are the solutions to this problem?”
"The simplest way is to increase capital with compensation."
“Paid capital increase?”
"Yes, according to our calculations, an 800 billion yuan paid capital increase would be able to temporarily prevent the erosion of capital."
"Just temporarily?"
"Yes, but this will buy time for the company to turn around its operating difficulties."
"800 billion yuan in paid capital increase..."
As he spoke, Park Jin Hyuk looked around at everyone.
It seemed that all the participants agreed with the proposal put forward by Guo Xiji.
If paid capital increase is carried out and blood is injected into the enterprise, it will not only prevent capital from being eroded, but also solve the problem of insufficient operating funds.
But Park Jin Hyuk disagrees.
He asked Guo Xiji again:
"What's the second option?"
"Second option?"
"Yes, the second option."
Faced with this question, Guo Xiji was a little at a loss, and he turned his eyes to Xuan Yizhu.
Seeing that Guo Xiji did not answer, Park Zhenhe tapped the table with his pen and said:
"Don't you have a second plan?"
When making a report, you should prepare at least two solutions to the problem. This is basic common sense.
Park Jin Hyuk had experienced this kind of situation many times in the past, so he asked to hear the second option.
He knew that people who make presentations usually package the first option very perfectly, making it sound obviously better than the second option.
Seeing that Guo Xiji was looking at him, Xuan Yizhu stood up from his seat and walked to the front.
Xuan Yizhu gestured to turn to the next page, and then he said to Park Jin Hyuk:
“There is no problem with the amount of undelivered orders that DS has built.”
The projection screen shows the company's order volume, project amounts, and construction progress in recent years.
Xuan Yizhu pointed the laser pointer at the overseas project and said:
“There are no problems with domestic projects. Most projects start construction after receiving orders, so there are no problems with accounts receivable.
It can be seen that the biggest problem lies in overseas projects.”
Hyun Yi-soo pointed the laser pen at the content marked in red on the screen.
"Overseas projects are usually large in scale. When we first took on the projects, we thought they had good prospects, but the actual results were not as good as expected. This is especially true for the ongoing projects in Iraq, which have the biggest problems."
Hearing this, Park Jin Hyuk remembered what his aunt Lee Sun Myeong said inadvertently when he went to his grandfather's house last time.
"The Basmaya project, located near Baghdad, the capital of Iraq, involves the construction of 100,000 residential units and social infrastructure. The total bid amount is US$10.1 billion, equivalent to 12 trillion Korean won, making it a large-scale construction project.
When we won this project, we expected that DS Construction would be able to rank among the top 10 in the construction industry through this project."
The winning bid for the project reached 12 trillion won! Although Park Jin Hyuk is not familiar with the construction industry, he has mentioned this project in the news.
If this project is completed, DS Construction will leap from an inconspicuous construction company to a large-scale comprehensive construction enterprise.
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