700 billion yuan!
He lived in a house worth 5 billion, his family's mansion was also worth tens of billions, and he was the first heir to a large business group, so he thought he must be very rich, but when all this was presented in front of him, he still could not believe his eyes.
"I heard that I'm ranked first among the richest people in their 20s?"
"Yes, as of yesterday, you and Section Chief Park Sang-hyuk were tied for first place on the list of the richest people aged 20 to 30. Today, you should be the sole first place."
"Because I got... Dongjing Industry shares?"
"That's right."
After hearing Secretary Kim's answer, Park Jin Hyuk shook his head in disbelief.
But no matter what, it's exciting to be number one.
Park Jin Hyuk continued to look at the equity structure chart of DS Corporation and said:
"Who holds the remaining 51% of the shares?"
"Of the remaining shares, the National Pension Fund holds 10%, institutional and foreign investors hold 20%, and the remaining 20% is in the hands of retail investors."
"It seems that my father has absolute say in the company."
"Yes, the president has complete control over the company."
"My brother and I are on the same level?"
"Based on the size of the equity held, that's the case."
"Understood."
Park Jin Hyuk lowered his head and thought for a moment, then looked up and said to Secretary Jin:
"Do I have cash on hand?"
"You have approximately 4 to 5 billion yuan in cash available immediately. If that's not enough, you can mortgage your real estate to a bank and get a loan."
"Can't I move the stocks I own?"
"Because the chairman gave you that 5% stake as a gift, he would know if you were to buy or sell it. The law requires that you announce to investors in advance if you increase or decrease your stake by one share. The chairman probably gave it to you as a gift because he doesn't want you to use those shares."
"It seems the gift comes with conditions."
Park Jin Hyuk nodded.
After Secretary Jin finished explaining the situation, he turned off the LCD screen, then came close to Park Jin Hyuk and said:
"Do you need me to investigate the equity structure of Dongjing Industry?"
"No need for that. I can't be distracted just because Dongjing gave me the stocks. If I get distracted right now, I might lose what I was supposed to grab. I only have one goal, DS!"
After hearing what Park Jin Hyuk said, Secretary Kim smiled slightly.
Human greed is endless. It is human instinct to constantly want to have more.
Although Park Jin Hyuk is not yet 30 years old, he has already learned to control his desires.
Park Jin Hyuk lowered his head and fell into deep thought.
"In the end, it all depends on who my father will hand over the chairmanship to..."
Although he is the eldest son and has the most advantages, he holds the same number of shares as his younger brother.
"Does this equity arrangement mean that my father doesn't trust me? I still can't take it lightly."
After losing a person's trust, it is very difficult to regain it. Thinking of this, he couldn't help but close his eyes.
*** *** ***
The personnel adjustment work of DS Construction is progressing very quickly.
After some mid- and senior-level positions were laid off, the vacancies were filled by lower-level employees who were promoted. This personnel mobility injected tremendous vitality into the company's previously rigid personnel system.
Companies that have just completed organizational restructuring usually have a very dull atmosphere, but DS Construction has displayed a rare vibrant and upward corporate atmosphere.
Today, Park Jin Hyuk plans to host a discussion meeting on ongoing projects.
Inside and at the door of the conference room, people who had just been promoted were congratulating each other and joking.
Secretary Kim accompanied Park Jin Hyuk to the conference room.
As the meeting was about to begin, everyone was still talking and laughing.
Park Jin Hyuk didn't care about this at all. Instead, he was happy to see this atmosphere.
The people who were talking to each other saw Park Jin Hyuk and quickly bowed to him.
Park Jin Hyuk nodded in return and walked into the conference room.
When the president came in, everyone sitting in their seats stood up in unison.
The participants of today's meeting include all newly promoted cadres and their assistants, a total of more than 100 people.
Park Jin Hyuk came to the best seat, sat down, and said:
"Let's get started."
Team leader Jin Zhen turned on the microphone and announced the start of the meeting.
The theme of today's meeting is to reorganize the company's ongoing projects.
We plan to review the feasibility and profitability of projects, cut unnecessary projects, and focus on projects with high returns.
First, each project team will introduce the project they are responsible for.
"I'm Mr./Ms. So-and-so from Domestic Sales Group 1. We're currently developing an industrial park in Gyeongnam (note: the abbreviation for South Gyeongsang Province), covering an area of approximately 50,000 square meters. This project..."
Listening to the introductions of project after project, Park Jin Hyuk thought:
'It doesn't need to be so complicated.'
For him, this kind of meeting was not necessary.
He only needs to go to the project site and see it with his own eyes to decide whether the project is worth doing.
However, for others, such discussions cannot be omitted.
Only through such meetings, when a sufficient atmosphere is created and he demonstrates a deep understanding and thinking of the project, will his decision be convincing.
So, Park Jin Hyuk sat in his seat and listened patiently to the project report.
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