Chapter 174 Public opinion continues to ferment
The news that Yuetian Group launched a battle for management rights against Hanjin Group's subsidiary was quickly reported by the media, and many people were stimulated by this sudden news. As for the heads of large companies in Goryeo and important figures in the political and financial circles, they were quite disgusted with Yuetian Group's behavior.
If it weren't for the fierce battle between Yinhe Group and Hanjin Group for the company's management rights a few days ago, which caused Hanjin Group to suffer heavy losses, would Xing Gehao have the courage to fight Zhao Chongxun head-on? He was just a villain who took advantage of the situation! However, although they despised Xing Gehao and even Yuetian Group's behavior, others did not have the idea of helping Hanjin Group. After all, they had just received the aid from the IMF, and it was good enough to revitalize their own company and resume production and operation. How could they care about others? !
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Recently, the Blue House issued a report on key development industries in the past five years, emphasizing the promotion of enterprise reform, the need to effectively increase the presence of small and medium-sized enterprises in economic life, and reduce the impact of chaebols on the economy; for several large domestic companies that rank very high, Mr. Dae Jong proposed three response methods of "closing, helping and exchanging", the main one being to decisively close down large companies that have no hope, and to provide full support to large companies that have hope.
At this point, everyone quickly thought of Daewoo Group, a top company that is already in debt of hundreds of billions of dollars. Its chairman Kim Woo-joong has now fled abroad for several months. Even the Blue House cannot take over and clean up such a mess.
In addition, the Blue House will also promote business exchanges between companies and try to break the chaebol's monopoly and reduce the chaebol's influence in Goryeo. In the same year, it will significantly increase the budget for the cultural industry to promote the vigorous development of Goryeo's cultural industry in Asia.
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This series of news made the heads of these large domestic enterprises somewhat anxious. Although this time the Blue House mainly targeted Daewoo Group, a large enterprise that was stuck in the quagmire and unable to save itself, their situation was only slightly better than the other party, and they might also encounter the same situation as Daewoo Group! However, some domestic game studios and small and medium-sized entertainment companies cheered after receiving this news. This is undoubtedly a huge benefit for them. They firmly believe that as long as the Blue House implements relevant measures in the future, they may be able to obtain a considerable amount of funds for turnover, and their lives will improve a lot! In particular, Park Zhenrong, the president of JYP Entertainment, almost cried with joy after hearing the news! In the past few months, his life has been too difficult. Since the failure of the investment negotiations with Zhang Junfeng, Park Zhenrong has felt the malice from the entire Korean large enterprise.
After learning that he had an unpleasant experience with Zhang Junfeng, the boss of Comet Capital, the executives of large enterprises and entertainment companies who had some friendship and business dealings with him unilaterally severed ties with him.
Especially after the establishment of Galaxy Group some time ago, his life with JYP Entertainment became even more difficult! Zhang Junfeng and Comet Capital were like nightmares, and they were almost becoming his inner demons! He would never believe that the son-in-law of the Five Star Group, who he had confronted in person before, would be so powerful. Even the Hanjin Group, which ranked among the top five in the country, fell into his hands. How could this guy be so terrifying? ! However, when Park Zhenrong heard that SM Entertainment, a peer company, had joined Galaxy Group, not only the treatment of employees and trainees was greatly improved, but also commercial performances, advertisements, photo albums, variety show notices, etc. were almost overwhelming. In just two or three months, it had already crushed the JYP Entertainment Company, which was living off its capital, by several streets.
Such a gap made Park Jin-yong quite frustrated, and he even thought of selling the company and escaping from the sea of suffering. Fortunately, his luck finally reappeared, and finally "bitter and sweet" came! However, Park Jin-yong was obviously too happy. Even if there were really favorable policies for the cultural industry, it would not necessarily be their JYP Entertainment's turn to reap the dividends. After all, although there are not many cultural and entertainment companies in Goryeo, who meets the requirements and who does not, it is still a matter of a few words from some people!
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In the golf course of Shilla Hotel, Zhang Junfeng was playing golf with Li Jae-yong, the vice president of Five Star Group. Of course, they were not just playing golf, but the two were also using this opportunity to discuss cooperation.
"Junfeng, I think you have heard the news from the Blue House, right? What do you think of the Internet industry? If we open a company like this in our country, will it be able to get a huge amount of financing like the Internet companies on Wall Street? And the market value will reach hundreds of millions of dollars?"
After playing ball for a while, Li Zairong sat back in a chair beside him. Looking at his brother-in-law Zhang Junfeng lying beside him, he couldn't help but ask.
Zhang Junfeng heard what Li Zairong said and replied calmly, "I'm not optimistic. After all, Goryeo is not comparable to the world's financial center like the United States! Whether it is from the perspective of population, region or the strength of financial institutions, Internet companies established in Goryeo, no matter how excellent they are, cannot avoid the shortcomings of 'congenital deficiencies'..."
Hearing what Zhang Junfeng said, Li Zairong, who had originally planned to open an Internet company in Goryeo to take advantage of the Internet dividend, showed an embarrassed look on his face. However, Li Zairong, who had matured a lot, quickly restrained his embarrassed expression and then returned to his previous warm smile.
At this moment, the cell phone placed on the table next to him suddenly rang. As soon as Zhang Junfeng answered it, he heard the good news from inside, and Zhang Junfeng was overjoyed.
It turned out to be a call from Nexon's president, Kim Jung-joo. After more than a month of replication and improvement, the instant messaging software that Zhang Junfeng had specifically instructed to develop has been completed. However, most of its current functions are highly similar to those of foreign ICQ software. If it is to be differentiated, it will take a lot of time to continuously update and iterate.
Zhang Junfeng said it didn't matter, he just needed to modify the icon/cover of the instant messaging software. The Korean version was named Kakao Talk and the Chinese version was named Little Penguin.
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Seeing Zhang Junfeng chatting enthusiastically with the person on the phone, Li Zairong on the side was dissatisfied. Isn't this brother-in-law a bit of a liar? Obviously, his own people are tinkering with some instant messaging software, why is he still persuading him that he is not optimistic about opening an Internet company in Goryeo? Isn't this a double standard? ! (End of this chapter)