DS Pharmaceuticals achieved such high profits that the executives of Dongjing Industry were initially a little skeptical, but after hearing about the incentive measures, they had to believe it.
However, some people are still discussing: "Does this have anything to do with us?"
Li Yongbin overheard this and turned around to say, "This reward system was developed when I was the head of the Strategic Operations Office. The core idea is to reward employees with 30% of the profits when they exceed their profit targets."
"I guess the target is set too high. It's so difficult for the construction industry to increase profits."
There is a reason why people from Dongjing Industry say this. Dongjing Industry once achieved great success in the Middle East, but the company did not reward its employees in a high-profile manner at that time.
Later, when the company's operations were in trouble, once the goals were about to be achieved, the company would raise the goals, under the pretext of constantly challenging itself.
Therefore, they were always skeptical about Park Jin Hyuk's actions.
Li Yongbin said, "The vice president is a man of his word. You will gradually understand."
After arriving at DS Construction, Li Yongbin gradually discovered the problems of Dongjing Industry. Although it was once glorious, it has now become conservative and lacks vitality.
The construction industry is a traditional industry. After working in the industry for a long time, people's thinking patterns tend to become rigid, and Dongjing Industry has particularly serious problems in this regard.
Li Yongbin deeply felt that the company urgently needed to break the rigid thinking mode so that it could give full play to its long-accumulated experience and capabilities.
And today is a good opportunity.
He said to everyone, "Believe in yourselves, believe that we can achieve the same results. As long as we work together, we will get results. See? Today, President Mao Dayong was rewarded with 50 billion. Do you want to get the same reward through your own efforts?"
Everyone stopped talking and fell into thought, and thinking is the beginning of change.
*** *** ***
As Park Jin Hyuk expected, after the stock market opened the next day, both DS Pharmaceuticals and DS BioLogics hit their daily limit.
After several days of continuous growth, DS Group has once again become a hot topic on TV financial programs.
"DS Pharmaceuticals has hit the daily limit for three consecutive days. Do you think this situation will continue?"
"I think it's not a problem for the share price to reach $1 million, and I'm afraid it won't be above $1 million next year."
"The current share price is 600,000 yuan per share. Compared to 30,000 yuan at the beginning of the year, it has increased 20 times. Do you mean it will double in the future?"
"Yes, DS Pharmaceuticals has driven up the share prices of all DS Group-related stocks. For example, XX Bank, as it is the main trading bank for DS Group, has also seen its share price surge."
DS concept stocks have clearly taken shape in the stock market.
“All DS stocks are rising, but I noticed one in particular whose price has been stagnant.”
The TV screen showed a chart showing the stock price changes of DS Energy.
"Yes, only the DS energy remains oscillating in place. Why does this happen?"
Park Jin Hyuk was in the office, watching TV.
Jin Junyu came in and said, "Vice President, President Zheng Zanyong is here."
Park Jin Hyuk gestured for him to come in.
After Zheng Zanyong came in, he sat on the sofa.
He turned around, looked at the TV and said, "Are you watching the TV report too?"
"Yes, the experts are commenting on DS Energy's stock price and they all sense something is amiss."
"An expert said this yesterday."
"How big has the short selling become?" Park Jin Hyuk asked.
"Last Thursday, there was $450 billion in short selling, bringing the total short selling to $2 trillion."
Park Jin Hyuk nodded slowly.
Zheng Zanyong continued, "I've been pretending to defend myself, but the situation is getting worse, so I want to discuss with you what to do next."
"Out of the 2 trillion, what percentage does Qingyu occupy?"
"It's half, and the problem now is that the market seems to have reached a consensus, and I'm worried that short selling will increase further."
Park Jin Hyuk looked up at the TV screen, and the chart on it also proved what Zheng Zanyong said.
"Do you suggest that we stop here?" Park Jin Hyuk asked.
“Even if we don’t give up, shouldn’t we think of other options?”
Park Jin Hyuk nodded and said, "Yeah, I also think 2 trillion is about right."
"Should we disclose to the public now the fact that DS Energy has purchased a large amount of crude oil?"
Once the agreement between Park Jin Hyuk and DS Energy is made public, it will deal a fatal blow to short sellers.
"No, it's not the right time yet." Park Jin Hyuk said with a smile, "You've come just in time. Please do something for me."
"What is it?"
"Please announce to the public that Qingyu is about to hold an extraordinary shareholders' meeting."
Zheng Zanyong was confused for a moment.
Seeing Zheng Zanyong staring at him blankly, Park Jin Hyuk smiled and said, "Why? Do you think this move is unsafe?"
Since the boss had made it clear, Zheng Zanyong nodded and said, "Convene an extraordinary shareholders' meeting. Are you planning to propose a motion of no confidence?"
"It really hits the nail on the head."
"But even if we submit a no-confidence motion, I'm afraid it won't pass, right? It will even provoke an even stronger backlash from the other side."
Although it is unclear how much shares Park Jin Hyuk holds in Qingyu, Zheng Zanyong believes that he cannot control the direction of Qingyu's shareholders' meeting.
"I know that even if I submit a motion of no confidence, it will not pass," Park Jin Hyuk said.
"Then why do you still do this?"
"I think it's necessary to let everyone know what Lee Jung-sook is doing and use the power of shareholders to make her stop."
Although he said this, Park Jin Hyuk knew in his heart that Lee Jung Suk would not stop and would intensify her actions.
*** *** ***
Among all the stocks of DS Group, only the share price of DS Energy has not risen, which has triggered various speculations from the outside world.
The news that someone was shorting DS Energy on a large scale spread among the people.
Park Jun-wan acquired Qingyu Energy, thus giving birth to DS Energy.
Park Jin Hyuk did not participate in the initial acquisition of Qingyu Energy, and recently opposed the company's continued purchase of crude oil, so people speculated that he was not optimistic about the company.
Driven by this view, some institutions and foreign investors began to sell DS Energy's shares. At this time, only a few institutions and individuals such as DS Securities were willing to buy.
The situation is becoming increasingly unfavorable for DS Energy.
[Will DS Group abandon its energy business?]
[DS Group changes strategy and transforms into biopharmaceuticals]
Vice Chairman Park Jin-hyuk's future plans may not include DS Energy.
Various news about DS Energy are flying around, and there are even rumors that DS Group will abandon DS Energy.
Under this situation, Qingyu's offensive became more and more fierce.
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