The penniless son of the penniless ...

Chapter 217 Confident Zheng Mengjiu
Zheng Mengjiu was quite disdainful of Zheng Mengxian's provocative words. Now he has no good feelings for Zheng Zhouyong, the father who favors Zheng Mengxian, and the little family affection left has been consumed in the past two years.

"Then tell me, this Mt. Kongtong tourism project costs so much money, how much benefit can it bring to the group? Our Hyundai Group is not a charity. We will not spend a lot of money on a loss-making business!"

"Even if the old chairman, Mr. Chung Ju-yung, was here today, he should give an explanation to the shareholders of the group and the senior executives present! Hyundai Group does not belong to one person, and as the chairman, he should consider the interests of the group!"

……

"President Mengjiu is right. Chairman Chung Ju-yung and Acting Chairman Chung Mong-sun pushed the unprofitable project of Mount Kumgang to be launched, which cost the group a lot of money. They should be explained!"

"Yes, we need an explanation!"

……

When the group shareholders and executives saw that Chung Mong-koo had the upper hand, they spoke up in unison and expressed their support for Chung Mong-koo, giving a sense of "one call leads to a hundred responses."

Seeing the current situation once again showing a one-sided trend, Zheng Mengxian's face turned pale. Although he knew that he could reveal the internal details of the Mt. Kumgang tourism plan, how could he dare to speak it out? !

This was a secret cooperation project reached between his father, Chung Ju-yung, and the Blue House, aimed at promoting friendly relations between Goryeo and Silla. But once such words were spoken, it would inevitably trigger greater public opinion and negative news. Because this was almost like using the entire group's money to do favors for certain people. If these shareholders knew the truth, they would probably want to kill him and Chung Ju-yung!
After all, "businessmen pursue profits", and no one's money comes from the wind. How can we allow some people to squander so much money on money-losing projects that do not see much return? !
……

Looking at Zheng Mengxian who was speechless for a moment, Zheng Mengjiu felt a sense of satisfaction in his heart as if he had avenged his previous humiliation.

How arrogant was Zheng Mengxian when he looked down on them and forced the heads of subsidiaries to raise funds? How embarrassed is he now!

……

With Chung Mong-koo's successful rise to power, Chung Mong-geun, Chung Mong-woo and Chung Mong-joon, who stood on his side, also received the benefits promised by Chung Mong-koo. The subsidiaries they were in charge of were given higher management authority and while having the backing of Hyundai Group, they also had almost completely independent autonomy.

Of course, the group's shareholders and executives did not have much objection to this special change. After all, it did not do them any harm.

On the contrary, due to the good relationship between the four brothers Chung Mong-koo, the business dealings and personnel flows between these subsidiaries and the group headquarters became more frequent.

……

With the suspension of the Mount Kumgang tourism project, Chung Mong-sun, the project leader, has completely lost his voice and sense of presence. It can be said that under Chung Mong-koo's "thoughtful arrangement", Chung Mong-sun has almost become the top executive with the least presence and status in the entire Hyundai Group.

Seeing those subordinates who once boasted and flattered him in front of him now avoiding him as if he were the plague and running to flatter Zheng Mengjiu and others, Zheng Mengxian felt a strong sense of unwillingness and frustration in his heart.

He felt a little regretful. Perhaps he should have persuaded his father, Chung Ju-yung, to come out of retirement during the temporary shareholders' meeting. He didn't believe that the hateful Chung Mong-koo could still show off in front of his father. Moreover, if his father was present, those shareholders would probably not support Chung Mong-koo so unscrupulously, right? !

The more he thought about it, the more he felt that his original decision was wrong. Zheng Mengxian was very regretful. He decided to look for his father Zheng Zhouyong, hoping to ask him to come out and "do justice" for him!
……

However, when he arrived at the sanatorium where Chung Ju-yung was and met Chung Ju-yung himself, Chung Mong-seon was shocked by the thin face and depressed mental state of Chung Ju-yung.

My father has only been retired for a few months, how come he looks so old and haggard? !

When Chung Ju-yung saw his fifth son, Chung Mong-sun, coming to visit him uninvited, he was also confused. Why did this kid come to his place instead of handling the affairs of the group?
When asked about his purpose, Chung Mong-sun's expression froze, and then he suddenly knelt down and burst into tears. When he told Chung Ju-yung about what had happened in the group in the past two days in a choked voice, Chung Ju-yung acted quite calm, as if all this was within his expectations.

But this is not what Zheng Mengxian wanted. If his father Zheng Zhouyong did not come forward, he would have no chance of turning the situation around!
……

"Father, my second brother is really going too far! Not only did he usurp the position of chairman of the group, he also stopped the Mount Kumgang tourism project and even ignored you...", Chung Mong-seon quickly added, trying to arouse Chung Ju-yung's dissatisfaction with Chung Mong-koo.

But Zheng Zhouyong's behavior seemed very strange. His calm face showed no sign of anger. Instead, he looked at him quietly and asked in a low voice, "With your ability, even if I can help you regain the position of chairman this time, can you keep it in the future?"

"...You are no match for Chung Mong-koo and you cannot defeat him!" At this point, Chung Ju-yung couldn't help but sigh. Perhaps he shouldn't have been impulsive and supported the fifth brother Chung Mong-sun, the "filial son", to take the position. If he had directly given the position of chairman to Chung Mong-koo, perhaps there wouldn't have been so many disturbances, right?

Although he was recuperating here, how could he, the founder who had ruled the group for decades, not have any knowledge of the group's internal affairs?
However, he never expected that the fifth brother Zheng Mengxian's ability was so poor. It was a pity that he graduated from a prestigious university in the United States. He was really a "fool"!

Now, Chung Mong-koo has not only attracted powerful foreign aid (Comet Capital), but also gained the support of the vast majority of shareholders and senior executives. Under such circumstances, even if he comes forward, it is likely that he will be unable to turn the situation around!
According to the current situation, after Chung Mong-koo came to power, although he abolished the Mt. Kumgang tourism plan that he had previously vigorously promoted, this also fully illustrates that there is nothing wrong with Chung Mong-koo's decision from the perspective of interests.

However, after the project was suspended, the cooperation between Hyundai Group and the Blue House came to an end. As for whether Chung Mong-koo can withstand the dissatisfaction and pressure from the Blue House, it depends on whether his strength is strong enough.

(End of this chapter)