"...", facing the furious Mr. Da Zhong, everyone present was a smart person, who would be willing to take the initiative to speak up and become the target?

However, this ostrich-like passive performance naturally did not make Mr. Da Zhong calm down. What he wanted was to come up with a practical solution, not to waste time with him here!

…

After scolding these guys again and asking them to find a way to properly resolve the follow-up of this matter as soon as possible, Mr. Da Zhong left the meeting room with a gloomy face.

As the promoter of the enterprise restructuring and reform plan, Mr. Da Zhong felt very bitter when he thought that the plan he had vigorously promoted would eventually have such an outcome.

When the financial crisis broke out, Mr. Da Zhong, who had just taken office, realized through analysis by his trusted subordinates that one of the important reasons why the economic crisis was so serious was that the market economy mechanism had not been fully established.

Due to the previous frequent government intervention in the operation and management of enterprises, this situation has led to the lack of self-discipline and the ability to solve problems on their own among these entrepreneurs, and the enterprises have become overly dependent on official intervention and support.

After discussing with their think tank, they finally decided that economic problems should be solved according to the principles of market economy, and the government needs to formulate a basic institutional framework for the market economy to fully play its role. This requires the government to stop interfering in the economy, eliminate "official collusion with businessmen" and "official control of finance", and let all enterprises participate in market competition with their own creativity and independence.

This is also the origin of the "Five Tasks for Corporate Reform" issued by the Blue House in February 1998 to reform chaebol groups.

Under the framework of the "Five Tasks of Corporate Reform", there are three key words for the measures taken: "closure, help and exchange".

For the "severe patients", that is, those companies that were selected as having no hope of survival, "euthanasia" was implemented through bankruptcy, sale, merger and court takeover. Until June 1998, a total of 55 companies had closed down; secondly, for those companies that were heavily in debt but still had hope of survival, the Blue House asked the creditor banks to help them. Before June 1998, a total of 83 companies received financial support from their creditor banks and embarked on the road of restructuring.

As for the top domestic companies, the Blue House relies on the "large-scale business swap" policy, commonly known as the "big deal" - large companies exchange companies with each other to solve the problems of duplicate investment and excessive size accumulated by these companies before the financial crisis.

…

"Our original intention was good, but the final 'big deal' did not achieve the original purpose..." Mr. Da Zhong returned to the office and recalled the detailed plan he had made at the beginning, and couldn't help but sigh.

In actual operations, many transactions simply become a merger of two companies or Company A purchasing Company B, and the purpose of business exchange is not achieved as expected.

For example, the Five Star Group did not sell its heavy machinery to the Korea Heavy Industries Group as planned by the Blue House, but merged with the latter to form a new company; Hyundai Railway, Daewoo Railway and Hanjin Railway Company merged into the new Korea Railway Group as planned, but the three groups still hold their own shares...

It was this series of speculative operations that were eventually exploited by those large enterprises, which took the opportunity to further strengthen their own strength and monopolize the industry to become oligarchs.

Moreover, with the merger and reorganization of enterprises, a large number of Korean people became victims of this major reform. Especially in 1998, due to the bankruptcy of a large number of enterprises and bank closures, GDP growth fell to -6.7%, and about 1.5 million Koreans lost their jobs.

Although the unemployment rate has declined in recent years, it is still a drop in the bucket compared to the overall data.

The sudden outbreak of protests this time was so massive that it far exceeded their expectations. This was definitely bad news for Mr. Da Zhong, who had vigorously established himself as an "economic president" during the election campaign and even announced in his inaugural speech that his new government would be a "national government" aimed at developing democracy and the economy. If he could not properly respond and deal with it, his support rate would most likely change in a short period of time, and those people who originally supported him would also turn against him.

…

Five Star Group, inside the president’s office.

Chairman Li Jianxi watched the report on TV news with a blank expression, but the shock in his eyes could not be concealed. He still remembered Zhang Junfeng's views on the current situation more than half a month ago, and he didn't expect that the other party had guessed it right.

Also shocked were the president's assistant, Director Yoon, and Vice President Lee Jae-yong.

Li Zairong looked at his father in disbelief, and asked with some respect, "Dad, the situation is exactly the same as what Zhang Junfeng said before. How did he know? If he guessed it, it would be too amazing, right?"

Li Jianxi sighed and replied with emotion, "Zhang Junfeng's predictions are very accurate. With his ability, if he embarks on a career in politics, he will definitely be promoted to a very high position~!"

"...I guess he wouldn't even be interested in him, right? In just two or three years, this guy has transformed from an ordinary second-generation rich man into the head of a financial institution with a huge amount of funds. Even Choi Tae-won from SK Group can only be compared to him!"

Li Zairong felt envious when he thought about how his brother-in-law Zhang Junfeng had amassed a huge amount of wealth in just a few years.

Hearing his son say this, Li Jianxi's mouth twitched involuntarily. Although what the other party said was all true, he always felt as if he, as an elder, had been slapped in the face, and felt quite uncomfortable.

…

Just as the two were about to continue chatting, the phone on the table next to them suddenly rang. Seeing that the two did not make any move, Director Yin, who was on standby, tactfully ran over to answer the phone.

Zhang Junfeng's voice was heard. Director Yin nodded at first, then a happy smile appeared on his face.

"President, Junfeng wants to discuss something important with you. That's a great thing~!" After hanging up the phone, Director Yin quickly reported to Li Jianxi and motioned for the other party to come over and answer the call in person.

Li Jianxi stood up with some suspicion and walked quickly to the phone, took it. After hearing what Zhang Junfeng said in the microphone, he immediately smiled.

It turned out that during these few months, Ye Boyang, who was far away in Longguo, successfully persuaded his father to help greet his old friends who held important positions in the imperial capital.

Upon learning that a huge project worth tens of billions of dollars was going to be implemented in the Magic City, the old men were very happy and readily agreed to the slightest request made by Mr. Ye.

After all, in this era, attracting investment and vigorously developing the economy is the most important thing. After all, if Longguo wants to develop in all aspects, or even catch up with those developed European and American countries, it naturally cannot do without financial support.

The huge project of Disney Tourist Resort, which costs tens of billions of RMB, will not only boost the economic development of the Magic City, but also provide a large number of jobs. It can even show other countries that Dragon Country is sincere in welcoming foreign friendly businesses to invest~!

Now the personnel adjustment at the Ye family has been successfully completed. The next step is to go through the process, submit relevant information to the official side of the Magic City, and arrange professional personnel to conduct on-site surveys to determine the specific construction site, which will complete most of the preliminary work.

…

This time, Zhang Junfeng wanted to gather professional construction talents from Five Star Property under Five Star Group to serve as representatives of Comet Capital to go to Longguo for a field inspection with the personnel from Tianfu Real Estate Company. Of course, in addition to Five Star Group, Zhang Junfeng also planned to invite personnel from Modern Construction under New Modern Group to go.

Moreover, once the construction begins, the number of staff that the two companies need to send will continue to increase, and they will be arranged to return to China to continue working until the project is completely completed. Of course, during this period, all the salaries of these staff will be paid on time by Tianfu Real Estate Company in Longguo, and there is no need for Five Star Group and New Modern Group to bear the cost.

The reason for doing so is mainly because Tianfu Real Estate Company has only been established for a short time and does not have a professional construction team or expert consultants. Ye Boyang does not have much foundation in the real estate industry in Longguo. If he directly recruits workers in the Magic City or surrounding areas, who can guarantee that those guys will not cut corners or be passive and lazy?

He does not want (Disney Tourist Resort), a project that will make a fortune and become a "treasure pot" after its completion, to bring about all kinds of unnecessary troubles and "aftereffects" due to early construction problems.

…

Li Jianxi naturally had no reason to refuse the "lucrative job" that Zhang Junfeng offered. Once he agreed, Five Star Commodities, which was barely profitable before, would soon be able to reverse its previous weakness by taking on the construction work of the project in Longguo, bringing huge profits to the company~!

Of course, the always shrewd Li Jianxi did not forget to test him. He pretended to be curious and asked Zhang Junfeng the purpose of doing this and what the construction experts they sent needed to do. He was shocked by Zhang Junfeng's next words!

"...The real estate company you opened in Dragon Country is going to occupy a large piece of land in Dragon Country's Magic City and build a Disneyland there that is the same size as a small town?! And the officials in Dragon Country have already agreed?!"

Hearing Li Jianxi's inappropriate words, Director Yin and Li Jae-yong were also a little confused. Are all the projects that Comet Capital is involved in so "exciting" now? Are they going to build a theme park the size of a small town in the neighboring country without saying anything?

Wait...what else did they hear? Disneyland? Isn't that a peripheral derivative industry exclusively owned by the Walt Disney Company in the United States? How did Zhang Junfeng get it? !

Many questions arose in the minds of the two people, but Li Jianxi was still on the phone, so they didn't want to interrupt him. They could only wait until the other party finished the call with Zhang Junfeng before confirming.

…

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

After a while, Li Jianxi hung up the phone with a complicated look. He saw that Li Zairong and Director Yin both looked at him tacitly, expecting his answer.

Li Jianxi smiled bitterly and waved his hands, "What you just heard is true. Zhang Junfeng quietly dealt with the officials of Dragon Country and the Walt Disney Company in the United States, and is planning to open a Disney theme park with an area of ​​4-5 square kilometers in the Magic City of Dragon Country..."

"This... is too unbelievable, right? To acquire so much land and get authorization from the Walt Disney Company, and then to build it, how much money will it cost? By the way, did Fuzhen know the news before?" Li Zairong said with emotion, but then he thought of his sister Li Fuzhen. As Zhang Junfeng's wife, she should have known the news earlier, right?

When Li Zairong mentioned his eldest daughter, Li Fuzhen, Li Jianxi's expression turned cold, and then he said in a somewhat cold tone, "Don't mention this kind of thing in front of anyone in the future. She is your sister. We are a family. Some words will only hurt feelings, and there will be no other benefits. Do you understand?"

Hearing Li Jianxi's cold reminder, Li Zairong trembled, and immediately realized his mistake. He apologized repeatedly and stated that such a mistake would never happen again in the future.

Li Fuzhen is not only the daughter of the chairman of the Five Star Group, but also the current chairman of the Galaxy Group and the wife of Zhang Junfeng. In terms of identity and status, she has long surpassed her brother, who is only the vice chairman of the group.

It is said that in Goryeo, a woman's status and position depended largely on her husband and family. However, Zhang Junfeng was too powerful as a husband. He directly helped Li Fuzhen, who should have married and raised children, to become the chairman of the group. Now she is almost as big as her father Li Jianxi!

…

Seeing that Li Zairong realized his mistake, Li Jianxi nodded and gave instructions to the two of them, asking the Five Star Properties Company to arrange personnel and be on standby. After receiving definite action information, they should go to Longguo as soon as possible to support the Tianfu Real Estate Company.

Li Jae-yong and Director Yin nodded, then quickly left the office and went about their own business.

Watching Li Zai Rong leave, Li Jianxi couldn't help but sigh. How could he not know his son's little thoughts? However, he had personally experienced the quarrel between brothers and fought for the huge family property. He knew too well what the final result of the fight between brothers and sisters would be?

Therefore, he has been secretly mediating over the years, hoping that his children can always get along harmoniously and help each other. Only in this way can their Li family continue to prosper.

Especially since Li Fuzhen's daughter is no longer the same as she used to be, even if she really knew about Zhang Junfeng's Disneyland Resort in Longguo in advance as Li Zairong said, and didn't tell them, so what? Some things don't need to be considered too much, as long as the result is good and they, the in-laws, can benefit from it, that's enough~!

…

Of course, similar scenes also occurred in the New Hyundai Group.

When Chairman Chung Mong-koo heard from Zhang Junfeng that a large Disney theme park was to be built in Dragon Kingdom's Magic City, he laughed and replied, "Could it be that Chairman Zhang had anticipated this day several months ago, so he reminded me at that time that I must take over Hyundai Construction Company?"

Zhang Junfeng laughed loudly after hearing this. "President Meng Jiu overestimated me. At that time, Comet Capital had not yet negotiated with the Walt Disney Company. As for whether the construction and operation rights of Disneyland could be successfully obtained, it was still unknown!"

Hearing what Zhang Junfeng said, Meng smiled, and then quickly changed the subject and talked to Zhang Junfeng about the details of the specific cooperation. He was quite interested in sending company professionals and representatives to Longguo for on-site inspections to assist Tianfu Real Estate Company in its work.

Before this, Chung Mong-koo was also worried about the future development of Hyundai Construction Company.

Since the Asian financial crisis, housing prices in Korea have never recovered. Even after nearly three years of buffering and adjustment, the domestic real estate market is still very sluggish. This has also led to the continued "cold winter" of real estate-related companies. It is obviously impossible to get real estate companies out of trouble and turn losses into profits in a short period of time to obtain huge profits.

But to support such a company and so many employees is a big burden for any large enterprise. If it weren't for the special "meaning" of this modern construction to the new modern group, he might have let it fend for itself.

Now, Zhang Junfeng's phone call instantly inspired Zheng Mengjiu and opened up his mind.

Since the real estate market in Goryeo is still in a "cold winter", can they take on engineering projects from other countries or regions to revitalize modern construction and even bring in objective profits? However, there are also some big problems. For example, although they have certain contact points in overseas countries and regions, they do not have many connections and channels in the local area. It is probably difficult to smoothly take on projects~!

Well, this time Zhang Junfeng has already secured the connections and channels in Longguo in advance, so after their personnel go there, the work to be carried out will be much easier.

Of course, if there is such a trouble-free cooperation method in the future, he is still willing to continue cooperating with Comet Capital, and he as the president will have less worries~!

…

Half a month later, Dragon Kingdom Magic City.

After several days of on-site investigation, the Tianfu Real Estate Company inspection team, led by Ye Boyang, finally decided to build a Disney tourist resort in a large rural and farmland area near the outer ring of the PD area of ​​Shanghai. (End of this chapter)