The penniless son of the penniless ...

Chapter 221: Father and Son Fight
Just as the sniping war on the Hong Kong stock market was about to begin, the situation of the Hyundai Group in Goryeo also underwent tremendous changes.

With the reappearance of former chairman Chung Ju-yung at Hyundai Group, there was a lot of commotion at the headquarters. With the help of Chung Mong-sun, the fifth chairman, Chung Ju-yung soon arrived at the top of the headquarters, where the chairman's office was located.

Seeing his former office so close at hand, Chung Ju-yung felt mixed emotions. After calming down for a while, Chung Ju-yung followed the fifth brother, Chung Mong-sun, and pushed open the door of the office with determination and rushed in.

Zheng Mengjiu, who was startled by the sound of the door being pushed open, looked up and saw the two people who came uninvited. There was no surprise on his face, as if all this was within his expectations.

However, he was determined to handle the matter impartially and did not intend to think about the old relationship. He only heard him scolding, "Zheng Mengxian, according to the company's regulations, you cannot enter here without an appointment. I will give you one minute, leave here immediately, and I can pretend that nothing happened!"

"Otherwise I will call security personnel to take you away by force according to regulations!"

Hearing that Chung Mong-koo actually brought up the company's system to suppress him, without caring that his father Chung Ju-yung was right next to him, Chung Mong-seon said in a tough tone, "This unfilial son's father is right here, how can you say these things?!"

Hearing what Lao Wu said, Chung Ju-yung beside him stared at Chung Mong-koo sternly, seeming to be very dissatisfied with his attitude. You know, he only gave Chung Mong-seon the position of acting chairman, but this rebellious son actually took the opportunity of convening an extraordinary shareholders' meeting to take the position of chairman. How could he feel? !
Zheng Mengxian's questioning did not cause much reaction from Zheng Mengjiu. He only replied calmly, "This is a company, and everything is done according to the rules and regulations. If you are dissatisfied or think I did something wrong, you can call an extraordinary shareholders' meeting! As long as these shareholders support you and stand on your side~!"

Zheng Mengjiu's words were undoubtedly a bundle of TNT explosives, which directly broke Zheng Mengxian's defense. Wasn't it because all the shareholders and executives stood on Zheng Mengjiu's side before that he lost so miserably! Now he was asked to hold an extraordinary shareholders' meeting. Isn't this trying to make him slapped in the face again? !

Fortunately, this time he invited his father Chung Ju-yung. Even if an extraordinary shareholders' meeting was really convened again, he would not necessarily fail again. The days of Chung Mong-koo's arrogance are over!

……

However, the situation did not seem to develop as Chung Mong-sun had expected. Although the small setback just now made Chung Ju-yung have a bad impression of Chung Mong-koo, Chung Ju-yung, who understood the situation, did not rebuke him rashly. Instead, he said to him calmly, "The fact that you were able to take the position of chairman from Mong-sun has proved that you are indeed more capable than him."

"It's just that the Mount Kumgang tourism project involves the Blue House and the Silla Kingdom. If the project is stopped rashly, it will inevitably affect the dissatisfaction of these two forces. The Hyundai Group can develop and grow to its current level, which is inseparable from the support of the Blue House."

"Have you ever thought about whether you can bear the corresponding responsibilities and consequences once the Blue House holds you accountable?"

In the eyes of Chung Ju-yung, although Chung Mong-koo has good abilities, his political insights and methods are obviously insufficient. Rashly offending the Blue House or the Star Country would be extremely detrimental to the subsequent development of their Hyundai Group. Facing Chung Ju-yung's questioning, Chung Mong-koo acted quite calmly, "The group's funds are limited now. As for stopping the non-profit investment projects, it is based on a series of regulations recently introduced by the Blue House, which is completely legal and compliant."

"If the senior officials at the Blue House have any objections, they can just ask them to provide other documents or Mr. Daejong's orders. Otherwise, no changes will be made." Chung Mong-koo, who was well prepared, was not afraid at all. Before this, he and several brothers had an in-depth discussion with Zhang Junfeng.

Although the project of Mount Kumgang tourism was promoted and pushed forward by the Blue House, it was before the financial crisis. Now everyone is living a tight life. There is not much spare money in the group's account, so how can they invest more money and manpower in such things?

When the market picks up and the group's financial situation improves significantly, it won't be too late to consider whether to continue to promote this project. In this way, even if the Blue House has objections, they can only acquiesce to this.

After all, diplomacy is important, but it is impossible to let a company do such a non-profit "charity" project under the huge pressure of bankruptcy, right? !
……

Seeing that Chung Mong-koo was still "making excuses", Chung Ju-yung was also very angry. In his opinion, the other party was just quibbling. If he really let him do this, their Hyundai Group would probably attract the attention of the Blue House or even Mr. Daejong! This is extremely fatal for a company.

"... Chung Mong-koo, I order you. Give up your position as chairman of the Hyundai Group, and you can retain your position as president of Hyundai Motor Company!" Chung Ju-yung gave the order in a low voice, not knowing that his health was not as good as before, and his prestige had declined a lot. He no longer had the powerful deterrent power he once had.

"Oh, really? Then may I ask in what capacity you are giving me orders now? As a father or the 'former' chairman of the group?!" Chung Mong-koo sneered disdainfully. He was too lazy to pay attention to Chung Ju-yung's unreasonable request.

After being forcibly rebuked by Chung Mong-koo, Chung Ju-yung suddenly felt angry and his face was abnormal, and then he started coughing violently. This phenomenon made Chung Mong-hsien a little panicked. If there was something wrong with his father's health, then his plan would be completely ruined!

……

Well, after a while, Chung Ju-yung recovered and looked at the other party angrily, "You rebellious son, now you don't even listen to me. In this case, I will call an extraordinary shareholders' meeting, and I will remove you at the meeting. And kick you out of Hyundai Group!"

Hearing what Zheng Zhouyong said, Zheng Mengxian was overjoyed! Now that the second brother has completely fallen out with his father, his chance has come! As for those brothers who stand on Zheng Mengjiu's side, he will make them pay the price when he returns to power!
"Hmph! In that case, there's no point in saying more. I hope the shareholders at the extraordinary shareholders' meeting will still support you, the 'old man'!" Chung Mong-koo did not take Chung Ju-yung's request to convene another extraordinary shareholders' meeting seriously.

(End of this chapter)