Chapter 168: Multiple Reactions
After hearing his trusted subordinates mention key words such as "primogeniture system" and family infighting and corporate splits, Chung Ju-yung sighed and finally made a decision.
He plans to announce that his second son, Chung Mong-koo, will take over the post of chairman of the group this year, while he will put aside the affairs of the group and go to the hospital to rest and receive treatment. I think with the second son's ability and means, he can at least ensure that the industry and status of the Hyundai Group will not suffer as heavy losses as the Hanjin Group, right? ...
Yuetian Group, in a conference room.
Chairman Xingehao was listening to the latest report from his subordinates, the focus of which was the current "fallen phoenix" of Hanjin Group's subsidiary - Hanjin Food! As a giant in the domestic food industry, Yuetian Group quickly regrouped after receiving aid from the Ministry of Planning and Finance, and its overseas product sales channels were fully operational again, not much different from the peak state before the financial crisis.
Of course, this also made Yuetian Group have some special ideas about the "declining" towering tree of Hanjin Group. They also wanted to take advantage of the Hanjin Group's misfortune to "take advantage of the fire" and gain a lot of benefits for themselves.
"Chairman, the senior executives of Hanjin Group have been taken back by the Procuratorate for questioning. According to traditional management, it will take at least 2-3 days. If we want to take action, this period of time is undoubtedly the most appropriate!"
"And we can completely avoid the problem of Zhao Liangzuo and Zhao Xiuhao embezzling company funds. We just need to say hello to the representatives of those foreign financial institutions before taking action and promise that the funds will be used to expand the group. I think they will not object!"
After listening to the subordinate's report, Vice President Xin Dongbing took over the conversation and continued, "...When the people from Han Jin and the Zhao family come out of the Procuratorate, we can also immediately initiate an extraordinary shareholders' meeting and catch them off guard~!"
"This plan is indeed good. In that case, let's do it! Speaking of which, we have to thank the Galaxy Group. Their fight with the Hanjin Group gave us the opportunity to seize the subsidiaries of the Hanjin Group! Even if the old guy Zhao Chongxun comes out later, he can't change anything!" Xingehao said proudly.
"By the way, can you please contact Zhang Junfeng from Comet Capital for me? Since this guy was able to raise such a huge amount of funds in such a short time, he must be very powerful. We at Yuetian Group should take the initiative to make friends with such a person, instead of fighting him to the death like those idiots at Hanjin Group!"
Hearing his father Xin Gehao say this, Xin Dongbing nodded in agreement, "Okay, President! I will have someone get in touch with the other party as soon as possible."
…
Galaxy Group, inside the president’s office.
Seeing her husband Zhang Junfeng's proud look at the moment, Li Fuzhen smiled and said, "Father (Li Jianxi) just called and said that this weekend, the Li family will hold a banquet to celebrate your success in acquiring Hanjin Airlines and Hanjin Land Transport Company. You will definitely be able to attend, right?"
Zhang Junfeng agreed with a smile, "My father-in-law's efforts should not be wasted! And he may also want to use this party to show the close relationship between our two families to the outside world. I think the expressions of those who come to the party will be quite interesting, right?"
"I remember that he and Hyundai Group Chairman Chung Ju-yung had been at odds for a long time. I guess he wanted to take this opportunity to show off a little?"
Hearing what Zhang Junfeng said, Li Fuzhen couldn't help but think of the time when his father, Li Jianxi, was ridiculed by Zheng Zhouyong at the Incheon Circuit and his blood pressure almost soared. He smiled and said, "It is indeed possible. My father is very afraid of Chairman Zheng. Now he has a chance to turn the tables. He must be very happy!"
"Then it will depend on your performance as the daughter of the Five Star Group. I believe our Fuzhen can play the dual roles of a filial daughter and a dignified president very well, right?" Zhang Junfeng answered half-jokingly, looking at the cheerful Li Fuzhen.
Li Fuzhen shook his head and expressed a different opinion in a firm tone, "That's not necessarily true. The protagonist of this party should be you, the boss of Comet Capital and the founder of Galaxy Group! At that time, those corporate representatives and political dignitaries who attend the party will take the initiative to find you..."
"...Then I say now that I have something to do and cannot attend, do you think it's okay?" Thinking of the scene at the Li family gathering before, when Li Zairong was surrounded by a bunch of people and was exhausted, Zhang Junfeng's face changed. He didn't want to deal with those calculating old guys. It was too troublesome! "It's too late. I promised my father that you would attend!" Li Fuzhen smiled cunningly. It was not easy for her to meet Zhang Junfeng at a disadvantage. She was not willing to give up easily. She had to drag Zhang Junfeng along and let him "suffer a little". This would also make his father Li Jianxi's face rise greatly, which would benefit both companies! "...Other people are bent outwards, leaning towards the latter between family and husband, why is it the other way around for you? This is not a good thing~!" Zhang Junfeng pulled someone into his arms and looked at someone, asking meaningfully.
Looking at Zhang Junfeng's face so close, Li Fuzhen asked with a guilty conscience, "Is there...is there? And isn't this matter good for you as well?"
"No?" Zhang Junfeng chuckled, then patted the other person's hips, causing the person in his arms to exclaim, and the look in his eyes when he looked at Zhang Junfeng also became a little more resentful, "You bad guy, this is the company, if others see it..."
"Hmph! You saw it, so what? Can you make a big fuss about it?!" Zhang Junfeng said with some disdain. This woman was so proud just now, he must teach her a lesson, otherwise his family throne might be in danger!
——————Dividing line——————
On Sunday, at the Li family gathering of the Five Star Group, many corporate representatives and important figures from the political and financial circles came to the Li family.
Many business representatives who have business dealings with the Li family and well-known figures in the political and business circles came to show their support. Of course, many of them came for Zhang Junfeng of the newly rising Galaxy Group and Comet Capital.
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
After all, the headlines these days are most likely related to the negative news about Hanjin Group and the strong rise of Yinhe Group, and the initiator of all this is Li Jianxi's good son-in-law! Especially under the continuous attacks of this young capital tycoon, Hanjin Group not only lost two core subsidiaries, but also the chairman Zhao Chongxun was defeated by Zhang Junfeng. He and his two sons were taken away by prosecutors for questioning and have not been released yet.
(End of this chapter)