Chapter 41: Matto Walls Wants to "Progress"
Goldman Sachs Group headquarters, vice president's office.
Thanks to the great success of shorting the Thai baht, Mato Walsh's bold move was also recognized by the board of directors. This was undoubtedly great news for him who was determined to compete for the position of president! After all, the old president Stephen Friedman had been sitting in that position for more than ten years, and it was time to "step down and let the wise man take over"! Just as he was leaning on the soft and comfortable sofa chair and imagining a bright future, the office phone next to him suddenly rang.
Having his "sweet dream" disturbed, Mato Walsh answered the phone with some dissatisfaction. Even though the caller was Leon John, his clever subordinate, he was still a little angry. He didn't choose a good time to call, and if there was no convincing reason, he would have criticized him!
…
"Are you saying that Zhang Junfeng has a new plan? And he wants you to cash out and recover the funds as soon as possible?!" Mato Walsh was stunned for a moment and quickly opened his mouth to confirm again.
"That's right! Boss, you need to give us the news as soon as possible. If possible, it would be best if you can talk to him over the phone in the next two days. Zhang Junfeng seems to be in a hurry, so we can't delay it for too long..."
Mato Walsh nodded and quickly agreed. Zhang Junfeng's move was a good thing for him, a supporter who wanted "performance"! And he also received some gossip! After those financial institutions on Wall Street made a fortune in Taiguo with Soros and Quantum Fund, they were not satisfied and were still sharpening their knives to select new "prey". Zhang Junfeng, this kid, most likely held a similar view!
——————Dividing line——————
Five Star Group, inside the large conference room.
Li Jianxi looked a little unhappy after listening to the semi-annual work reports of several subsidiaries. Although he had known that the group's turnover would decline in the past two years and that the foreign trade export business had suffered repeated setbacks, he had never expected the situation to be so bad!
Turnover and profits have been declining for two consecutive years, having fallen by nearly 30% from the peak three years ago. Such a huge drop in profits is undoubtedly a heavy blow to their Five Star Group!
…
"Zai Rong, the group's sales are continuing to decline. Do you have any good ideas to change this situation?" After the meeting, Li Jianxi returned to his office with a somewhat gloomy face. After pondering for a moment, he turned his attention to his son who had high hopes for him.
Hearing his father suddenly asking him for advice, Li Zairong was unprepared and could not come up with a feasible solution for a moment. He could only euphemistically say that he still needed some time.
Li Jianxi was not very satisfied with this answer. He looked at Director Yin who was on standby. Perhaps this capable subordinate could give him a different answer!
What disappointed Li Jianxi was that Director Yin did not have a better solution to the current situation. After all, the real reason for the significant decline in overseas sales of their large companies was that European and American countries adjusted their trade regulations with Goryeo.
Excessively high import tariffs have caused Korean products, which were originally inexpensive and of high quality with a high cost-effectiveness, to gradually lose their competitiveness among similar products produced in many European and American countries.
This situation not only happens to their Five Star Group, the situation of Daewoo Group and Hyundai Group is even more serious than theirs, and the situation of other slightly inferior companies is not much better.
If we want to reverse this situation, it is not easy to do so by simply adjusting the strategy!
Seeing that neither of them could come up with any good solution, Li Jianxi, who was leaning back on the sofa, couldn't help but sigh.
…
After a long while, Li Jianxi seemed to remember his daughter Li Fuzhen's performance at the meeting, and subconsciously asked the two of them for their opinions, "...By the way, what do you think of Fuzhen's performance as a representative of Shilla Hotel at the meeting today? Tell me what you think."
Li Zairong paused, with a hint of displeasure in his eyes, but then he smiled and boasted about his sister Li Fuzhen, saying that she was quite calm and composed, and had a clear understanding of the company's situation. It can be seen that she is very dedicated to the company.
Seeing that Vice President Li Jae-yong said this, Director Yin also praised him, which made Li Jianxi feel very happy.
"Fuzhen's performance is indeed good. I plan to hand over the management of Shilla Hotel to her in a few years when the old president of Shilla Hotel retires!"
Hearing his father say this, Li Zairong asked tentatively, "Dad, isn't this a bit inappropriate? Over the years, there has been no precedent in Korea for a woman to serve as president/chairman to manage a company. My sister is still young, and she may not be able to convince others..."
Hearing what Li Zairong said, Li Jianxi's face became solemn, "The reason why Hyundai Group can be strong and prosperous and firmly occupy the title of the number one in the country is because that old fox has five sons who support those subsidiaries!"
"Each of them is capable of taking charge of their own business and has managed to develop all those subsidiaries!"
"You are my only son, but it is difficult for one person to lead the group to a better future. Do you understand what I mean?!"
Seeing Li Jianxi looking at him with sharp eyes, Li Zairong felt a little uneasy. He didn't dare to look at the other person directly and nodded in agreement quickly.
…
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
In the evening, when Li Fuzhen returned to the villa, she saw Zhang Junfeng directing workers to install some strange equipment in a room on the first floor.
Curious, she stepped forward to inquire about the situation. Zhang Junfeng smiled and explained that this was the latest model of remote video conferencing equipment that he had asked someone to purchase. He installed it at home because he needed to use it to conduct a video conference with people in America in the next two days.
Hearing that Zhang Junfeng was going to such great lengths to tinker with these things in order to hold a meeting with the United States, Li Fuzhen couldn't help but wonder, international long-distance calls are not unavailable, isn't it a waste to use such things? However, seeing that Zhang Junfeng was in high spirits, she didn't say much, after all, it was Zhang Junfeng who paid the bill, if there was a conflict with the other party because of such a thing, it would be suspected of causing trouble! ...
After the installation was completed and the video equipment was debugged, Zhang Junfeng finally relaxed completely.
Seeing Li Fuzhen lying on her side on the soft sofa, watching the news on TV attentively, Zhang Junfeng had an idea and walked over and sat next to her.
However, the restless Zhang Junfeng sat down for a short while before he took advantage of someone's inattention and began his "exploration journey".
However, when Zhang Junfeng was about to occupy the high ground and achieve a staged victory, Li Fuzhen shyly grabbed someone's hand and pinched it hard, "Stop it, I'm watching the news!"
(End of this chapter)