After hearing what Park Jin Hyuk said, Xuan Yizhu couldn't help but open his eyes wide.
"Honorary Chairman Li Zhongwu told you that he wants you to return to Dongjing Industry?"
"Yesterday, the old man did say that to me... but I clearly refused, so I asked you to release the news. Previously, we kept the news secret for fear of affecting DS Construction's stock price. Now that it's come to this, there's no need to be so cautious. Besides, the receivables issue has been resolved, so it's time to publicize it."
"Minister Ben, I think this situation might actually be an opportunity."
"Chance?"
Team leader Jin Zhen, who was standing behind Hyun Yi Soo, expressed his thoughts to Park Jin Hyuk.
"In the construction industry, Dongjing Industry has a huge influence. If you can become its successor candidate, it will actually be a good thing for DS Construction."
"……is that so?"
Park Jin Hyuk stroked his chin and lowered his head to think about what he said.
Guo Xiji also said:
"We are in the process of restructuring our organization, and it would be beneficial for us to be associated with Dongjing Industry at this time."
"Why do you say that?"
"Although we haven't announced our organizational restructuring publicly, it's already been known to the industry. Therefore, when we launch new businesses, people inevitably doubt our capabilities."
"You mean, we can rely on Dongjing Industry to enhance our company's reputation at this time?"
"I just don't know if you would like to..."
Guo Xiji explained that Park Zhenhe might not be very happy about relying on Dongjing Industry.
Park Jin Hyuk smiled slightly and nodded at him.
"Your suggestion makes sense. If we want to continue working in the construction industry, leveraging the power of Dongjing Industry will benefit us. So, Deputy Director Xuan, the news will continue as usual, but don't refute Dongjing Industry's point of view. Let's adopt an attitude of neither affirming nor denying."
"Will this not backfire?"
"Don't worry, I've made it very clear. This is just superficial. I only have DS Group in my heart. I have no other choice."
Park Jin Hyuk's attitude was very firm, and Hyun Yi Soo and several team leaders finally felt relieved.
So they decided to release a noncommittal statement through the company's publicity department.
After Xuan Yizhu and the team leaders left, Park Jinhe instructed Secretary Jin:
"Go and find out about the stocks I hold, and also, by the way, investigate the equity structure of DS Group."
Because Li Zhongwu transferred the equity to him this time, he planned to take the opportunity to find out which stocks he had in his name.
About two hours later, Secretary Jin sorted out the situation.
He opened the file on the LCD screen on the wall and said:
"Look at this diagram. At the top of the DS Group structure is DS Corporation, the parent company (equivalent to a Chinese joint-stock company), followed by its subsidiaries. In other words, whoever controls DS Corporation automatically controls the subsidiaries. Currently, Chairman Park Jun-man and his special relationships control DS Corporation by jointly holding a 49% stake."
It can be seen that the equity structure of DS Group is actually very simple.
Previously, Park Jin Hyuk had discussed the group's management structure with Hyun Yi Soo, and he realized at that time that the struggle for control of DS Group was actually a struggle for DS Corporation.
"Then how many shares of DS Corporation do I hold?"
"You and your brother, Section Chief Park Sang-hyuk, each hold 5% of the shares, and your sister, Park Seo-eun, holds 3%. Your second uncle, Vice Chairman Park Soo-man, and the chairman's other siblings each hold 2% of the shares."
"That is, my father, Chairman Park Jun-man, alone holds the remaining 30% of the shares."
"A small portion of it was given to a few key executives, so the chairman's equity stake is slightly less than 30%."
"That's right."
Park Jin Hyuk crossed his arms over his chest and looked at the equity structure chart on the screen.
"What is the current value of a 5% stake?"
Secretary Jin replied in a respectful tone:
"Based on yesterday's closing price, DS Corporation's total market capitalization is 12 trillion yen. Your 5% stake is worth approximately 600 billion yen."
"So, the assets under my name, including the 600 billion yen in DS Corporation stock, plus the 90 billion yen in stock I received this morning... the total is around 700 billion yen?"
"Besides this, there is a small amount of real estate and land, worth approximately 50 billion yuan. Do you need me to know the details?"
"No."
After listening to Secretary Kim's explanation, Park Jin Hyuk looked at the screen and couldn't help but smile.
In the past, if he had picked up 700,000 yuan on the street or won 7 million yuan in the lottery, he would have been so excited that he would not be able to sleep at night.
And now, the wealth he owns has become an astronomical figure much larger than that.
Park Jin Hyuk understood why people said that if you have too much money, you might not be excited.
Then he continued:
"Don't I have a bank account opened in someone else's name, which is also called a borrowed name account?"
In movies or TV dramas, he had seen that the presidents of large companies or their children had this kind of accounts in other people's names to manage their own assets.
After hearing his words, Secretary Jin shook her head.
"After the company structure became a joint-stock company, things like borrowed-name accounts gradually disappeared. When equity relationships were relatively complex, it was necessary to hold shares in someone else's name to gain control of the company. Under the current joint-stock company model, whoever controls the top-level joint-stock company has control. Furthermore, borrowed-name accounts can cause trouble if discovered, so no one uses them anymore."
"Um."
Park Jin Hyuk nodded, his eyes still fixed on the equity structure chart in front of him.
Continue read on readnovelmtl.com
