Chapter 167 Ends

But if I really do this now, those officials who supported me in the past will most likely rush to distance themselves from me and avoid being implicated by me!

In the end, Zhao Chongxun sighed helplessly and chose to leave with prosecutors such as Jin Zhongmin. This time, he was in a hurry to fight with Yinhe Group and Zhang Junfeng, and he was not fully prepared. It was not unfair for him to lose! But these wins and losses are only temporary. They are Hanjin Zhao Family. Although Hanjin Group will lose the operating rights of three core subsidiaries one after another after today, it can be said that it has suffered an unprecedented heavy blow! But a lean camel is bigger than a horse after all. Their group still has 9 companies, including Hanjin Heavy Industry, Hanjin Airport Services, Hanjin Food, etc. They may have a chance to make a comeback~!

…

After Zhao Zhongxun, Zhao Xiuhao and several senior executives of Hanjin Land Transport Company were taken away by the prosecutor, the atmosphere in the meeting hall suddenly became subtle. Once again, a major shareholder of the company was taken away during the interim shareholders' meeting, and in such a shocking way. One can imagine how much public opinion will be aroused once the journalists get the news and report it? ! However, more people's attention was focused on the young man Zhang Junfeng. Even their old chairman Zhao Zhongxun couldn't beat him. At this moment, they already knew very well what the management rights of Hanjin Land Transport Company would be like in the end!

Zhang Junfeng sat on the main seat with a bright smile. After a glance, he did not find anyone who dared to jump out and sing a different tune from him. Zhang Junfeng then said that some unexpected situations had occurred before. Although Chairman Zhao Zhongxun and President Zhao Xiuhao left halfway, the previous vote must continue! When Zhang Junfeng announced the re-vote, two of the three foreign financial institution representatives on the side looked quite embarrassed.

Originally, they met with the representatives of Hanjin Group who came to visit with a large sum of money last night, hoping that they would abstain from voting or oppose the proposal of Galaxy Group at the extraordinary shareholders' meeting.

Some of them were shaken. After all, the two boxes of US dollars were too tempting! But they never expected that the chairman of Hanjin Group, Zhao Zhongxun, was just average, and was still killed by Mr. Zhang of Yinhe Group! How could these "traitors" who turned against the enemy face their former comrades? !

"Do you support or oppose the removal of the current president, Cho Soo-ho?" Zhang Junfeng reiterated in English the voting proposal that had not been announced just now, intending to give them another chance.

"I argee!" A smart representative of X3 quickly spoke up, and the other two followed suit. Since there was still a chance to change their words, they would definitely not support the Zhao family father and son who were no longer in the public eye. It was obvious that the Galaxy Group on Zhang Junfeng's side was the ultimate winner!

Seeing that he had successfully won the management rights of Hanjin Land Transport Company, Zhang Junfeng promoted the selected professional manager Zheng Shicheng to become the temporary president to manage the company. The company executives who had been worried for a long time only breathed a sigh of relief after Zhang Junfeng announced the end of the temporary shareholders' meeting and left with others.

——————Dividing line——————

At the Hanjin Land Transport Company's extraordinary shareholders' meeting, the news that Zhang Junfeng challenged Zhao Chongxun, the powerful chairman of Hanjin Group who had been in power for decades, and unexpectedly won a great victory caused an uproar.

These well-informed politicians and business leaders were quite surprised by this news! Although Zhang Junfeng, the boss of Comet Capital, was financially strong, he had acquired many high-quality companies in a short period of time and successfully established the Galaxy Group.

However, his strength and prestige should still be somewhat different from those of the old big business owners in Goryeo! But the ending was too unexpected. Zhang Junfeng not only attacked Zhao Zhongxun at the temporary shareholders' meeting, but also successfully sent Zhao Zhongxun and Zhao Xiuhao to the procuratorate for questioning, thus losing the right to operate Hanjin Land Transport!

This not only refreshed their understanding of Galaxy Group and Comet Capital, but also made them realize the huge benefits! Although there are only a few core companies among the remaining subsidiaries of Hanjin Group, for other companies and foreign financial institutions, they are all high-quality companies with investment value! Since Zhao Chongxun and his son are so useless, why don't they take those companies into their own pockets like Galaxy Group did? !

Anyway, Zhao Zhongxun and his son are both in prison now, and it is still unknown when they will come out. Isn't the leaderless Hanjin Group the best target for them to "hunt" now? And according to the degree of conflict and resentment between the Yinhe Group and the Hanjin Group, it seems that their "taking advantage of the fire" may even get disguised support from the Yinhe Group! ...

Hyundai Group, inside the chairman’s office.

With a pale face, Chung Ju-yung was watching the news report on TV and frowned. He didn't expect that Zhao Chongxun, who became famous later than him, would end up like this. Especially his three useless sons, who lost the right to operate the company one after another. Now they are either dead or taken away by the people of the Procuratorate. Don't mention how miserable they are! When Chung Ju-yung thought of this, he couldn't help but think of his six sons. They were all quite capable and each had the strength to stand on their own. But this also made him feel troubled. Who should inherit the position of chairman? Whether to let the oldest second son, Chung Mong-koo, take over or let the most filial fifth son, Chung Mong-sin, take over, this choice question troubled him for a long time, and he couldn't make a decision.

However, during this period of time, he has clearly felt that his physical condition has begun to deteriorate significantly. He is about to turn 83 and he may not be able to hold on for much longer. He must finalize this important decision as soon as possible.

Chung Ju-yung called several of the group's senior executives and trusted subordinates to ask them about the candidate to succeed the group chairmanship. Most of them preferred the second son, Chung Mong-koo. Under his management, Hyundai Motor Company has become the No. 1 in Korea and a legend in the industry! Of course, there were two or three trusted subordinates who seemed to have guessed the chairman's little thoughts and mentioned the fifth son, Chung Mong-sun, but they were quickly rejected by others' "primogeniture system". If he rashly appointed the fifth son, Chung Mong-sun, as the chairman, how could he convince his brothers and younger brothers? It might just be a family civil war!

(End of this chapter)