Park Jin Hyuk said, "You don't need to worry about this. I will take care of it."
"Why are you interested in my son?"
"Are you so unsure of your son? I think he's a good guy."
Choi Jung-woong gave a wry smile and said, "Stop teasing me."
"How am I making fun of you?"
"They are not suitable. I think we should just forget it." It can be seen that Choi Jung-woong is a little unhappy.
Park Jin Hyuk said, "Then let me tell you the reason. I plan to establish a joint venture with Sung Seung."
"Oh, what are you planning to do?" Choi Jung-woong asked with interest.
"I'm going to give up my solar energy project in the U.S. and instead work with Chengsheng to build a steel plant in the U.S."
"Setting up a steel mill in the United States?"
Choi Jung-woong put his hands on his chest and looked at Park Jin-hyuk in confusion.
Park Jin Hyuk explained, “Making steel and then producing water pipes requires special treatment.”
Cui Zhengxiong shook his head and said, "Water pipes... that's not our job."
"You think it's too small? This is a large-scale infrastructure project..."
"It's a bit of a stretch to say that water pipes are large-scale projects in the future." Choi Jung-woong interrupted Park Jin-hyuk with a smile.
“What if the project involved replacing all the water pipes in the United States?”
Cui Zhengxiong was a little surprised, "Really?"
"certainly."
"Who came up with this project? Buchanan?"
"Do you think Buchanan will win this year's election?" It was Park Jin-hyuk's turn to ask with a smile.
"If it wasn't him, who else could it be?"
"This president of the United States is not Buchanan."
"Who is that? Could it be Senator Schneider?" Choi Jung-woong asked.
Park Jin Hyuk shook his head. "It's not him, but Walter Brown. He will become the president of the United States this term."
"Walter Brown?"
Choi Jung-woong had heard of this name. He was Schneider's rival within the party, but public opinion had always believed that he was just a runner-up.
"Yes, he will become the president of the United States," Park Jin Hyuk said.
"Are you so sure?"
"Quite sure."
Choi Jung-woong stared at Park Jin-hyuk for a moment, then said, "Well, even if you're right, was it he who proposed the water pipe project?"
Park Jin Hyuk nodded. "One of his campaign promises was to improve the quality of tap water in the United States, and the key to improving water quality is to replace water pipes."
"How could the US government hand over such an infrastructure project to a foreign company?"
"If we build a factory in the United States and then use the technology developed by Sung-seung, it will be entirely possible." As he said this, Park Jin-hyuk placed a document in front of Choi Jung-woong.
This is the special steel production technology that Chengsheng applied for a patent for not long ago. It shows a value of 870 billion yuan, but Cui Zhengxiong cannot see this value.
"...This type of steel is very expensive and probably not suitable for water pipes."
Park Jin Hyuk explained: "The water pipes I mentioned are the main pipelines from the water source to the city, not the pipe network within the city."
From this moment on, Choi Jung-woong gradually realized that this was a project worth studying, and if it was really as Park Jin-hyuk said, it would be able to last for 15 to 20 years.
"It's not impossible to produce domestically and then export to the US, but I plan to take this opportunity to acquire a US steel mill to open the door to the US market. You know, the US usually doesn't sell steel mills to foreign companies."
Choi Jung-woong understood Park Jin-hyuk's overall plan. "Are you planning to acquire a steel mill in the United States?"
"With Sung-seung." Park Jin-hyuk said.
"As far as I know, DS has never been involved in the steel industry before... If you set up a joint venture, do you plan to use Qingyu?"
"You are indeed a sensible person. I don't need to explain any further. I will take Qingyu into my pocket."
"What do you need me to do now?"
Park Jin Hyuk said, "I need your 3% of Qingyu shares."
In order to establish closer ties with other companies, Chengsheng Group has been using part of its funds to purchase equity in other business groups, including Qingyu.
Choi Jung-woong lowered his head and thought for a while, then suggested going back to think about it, and then he shook hands with Park Jin-hyuk and said goodbye.
After seeing off Chairman Choi Jung-woong, Park Jin-hyuk returned to the private room and continued his meal. He had been so busy talking that he hadn't eaten anything.
Jin Junyu said from the side: "Vice President, is it necessary to bring Cheng Sheng in just for that 3% stake?"
Park Jin Hyuk looked up at Kim Jun Woo and said nothing.
Jin Junyu continued, "Why not just acquire Qingyu and then use it to enter the US market? ...While the water pipeline project is large in scale, it's difficult and the profits won't be very high. That's why the US government hasn't started construction yet. If we take on this project, won't we be doing someone else a disservice?"
Park Jin Hyuk continued eating and put down his chopsticks when he had almost finished.
"Excellent! You're proactive and able to come up with your own ideas. Let me tell you what I think." Park Jin Hyuk picked up his water cup and rinsed his mouth. "First of all, DS really needs Sung Seung. 3% isn't much, but we need to create an atmosphere where DS is favored and supported. That way, more shareholders will come to our side. Lee Jung Suk dared to challenge me because of Sam Pung's support, and Director Oh because of Han Sung's support."
Park Jin Hyuk paused for a moment and continued, "The profits from the water pipeline project really won't be very high..."
"Then why do it?"
"Let me ask you, what does it take to dig out the buried pipes and then bury them again?"
"Excavator?" Jin Junyu said.
"That's right. All kinds of heavy equipment are needed, and that's DS Heavy Industries' specialty. Through this project, we acquired a US steel mill, entered the US market, and then outsourced the construction to Dongjing Industry, which has accumulated a wealth of similar experience in the Middle East."
Jin Junyu nodded. Indeed, no one was more suitable than Dongjing Industry to carry out the construction of this project.
"Because we canceled the Brazilian power plant project, there was a lot of heavy equipment piled up in the warehouse, which can now be disposed of. Therefore, for DS, this project is not only killing two birds with one stone, but also killing three or even four birds with one stone. This is the purpose of my undertaking this project."
*** *** ***
The South Korean election has gradually become one-sided. Zheng Qiying's support rate is already twice that of the second place, and the opposition party's candidate Shin Sang-hoon has no hope for this election.
Zheng Qiying began to form a cabinet and formulate government policies.
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