The penniless son of the penniless ...

Chapter 236: News Revealed by Li Shili

If this hadn't happened, how could that old fox have surrendered so easily to us? He is a bully who only cares about the weak and fears the strong. Now that Comet Capital is strong, he is afraid that if Yuetian Group doesn't show any resistance, he will be used as a living target and be completely killed!

However, Xing Gehao's surrender was also a good thing for Zhang Junfeng! Not only could he obtain the operating rights of the three subsidiaries and further expand the influence of the Galaxy Group, but he could also use this as a warning to others and completely deter those who had ill intentions!
In the special region of Goryeo, possessing wealth that rivals that of a country will inevitably attract the covetousness of many people with ill intentions. However, if you have the matching strong power, even those seemingly high-ranking political figures will be polite to you and serve you!

What's more, there are many large companies with heavy debts in Goryeo now, and a financial institution like KB Bank that holds billions of dollars is absolutely unique!
Moreover, as a formal financial institution that provides savings and loan services, such a large amount of money can completely help or even save more than a dozen large and medium-sized enterprises. This is definitely a "fatal temptation" that even Mr. Da Zhong can hardly refuse~!

After all, before the end of Mr. Young-sam's term, a large number of companies went bankrupt, which added a rather ignominious touch to his political career. It was absolutely remarkable that his successor, Mr. Dae-jong, was able to save many companies as soon as he took office!
……

"Mr. Zhang is a businessman, and he is well aware of the principle that harmony brings wealth. Chairman Xing will dismiss Vice Chairman Shin Dongbing from his post in the near future, and will no longer stop the Procuratorate from continuing to investigate or even apply for an overseas arrest warrant..."

"...Mr. Daejong also hopes that Mr. Zhang can show some leniency and make this matter a minor one, and try to reduce and eliminate the negative public opinion and influence caused by this matter as much as possible. Of course, as a 'compensation', SM Entertainment, a subsidiary of the Galaxy Group, has indeed developed well, and has implemented Mr. Daejong's original proposals and measures very 'well'. Such an excellent company should be given greater support..."

"…Recently, the Blue House is considering how to deal with those poorly managed state-owned enterprises in the country. According to Mr. Da Zhong, these enterprises will be privatized in the future. I think a strong company like Comet Capital should be interested, right?"

Seeing that Zhang Junfeng was reluctant to speak, Li Shili considered it for a while and then threw out a "trump card". He was sure that as long as Zhang Junfeng cared about interests, he would definitely be tempted. After all, although the current operating conditions of those state-owned enterprises were not optimistic, as long as funds were injected to revitalize them, they would soon be able to revive and return to the right track, and the profits would also be considerable!

Zhang Junfeng was a little surprised at this unexpected news, but if the state-owned enterprises mentioned by the other party could really be privatized, they might also be good investment projects.

After some consideration, Zhang Junfeng gave a positive answer. Since the Blue House has intervened, it is obviously impossible to wipe out the entire Yuetian Group in one go according to the previous plan. In this case, he might as well take advantage of this opportunity to do the other party a favor and gain some actual benefits. No matter how he looks at it, he will not lose in this deal!

……

Seeing that Zhang Junfeng finally compromised, Li Shili smiled happily. This time he finally "lived up to everyone's expectations" and finally got the deal done!
Zhang Junfeng was also happy to make friends with this "young and promising" presidential assistant. After all, making friends with one more important person meant more ways out. Who knows, one day the connections he had accumulated might come in handy.
Li Shili accepted Zhang Junfeng's overtures. The two talked about a lot of major events at home and abroad. Zhang Junfeng also expressed his unique views one by one, which made Li Shili very appreciative. No wonder he was able to create such a big industry at such a young age. His ability is indeed beyond ordinary people! ...

After seeing Li Shili off, Zhang Junfeng thought for a moment and quickly contacted his father-in-law Li Jianxi. He told him about the privatization of the state-owned enterprise that Li Shili had just mentioned.

Li Jianxi was silent for a while, and then slowly told Zhang Junfeng that he had not received any definite news yet, and needed to inquire with the secretary's office before he could confirm it.

If they can really take over the operating rights of those important state-owned enterprises or acquire shares in them, it will definitely be great news for both the Galaxy Group and their Five Star Group.

For example: power companies, telecommunications companies and even oil companies, these companies that are related to the lifeblood of the industry also have extremely large sales capabilities. All walks of life rely on them. They can be said to be real cash cows. Don't miss out if you can get them!
Especially the oil sales company, if it can be combined with Hanjin Shipping under the Galaxy Group, then the entire oil channels and sales in Goryeo will be taken over by the Galaxy Group. Just relying on this unique business that is close to monopoly, the Galaxy Group can become one of the top ten large enterprises in Goryeo!
Even companies and enterprises with heavy industries like their Five Star Group and Hyundai Group will rush to negotiate cooperation with Galaxy Group. Today, oil is highly regarded as the "blood" of modern industry and plays a vital role in ensuring the development of the entire national economy.

Hearing what his father-in-law said, Zhang Junfeng smiled and nodded. He also had his eyes on these state-owned enterprises. He planned to have people pay attention to the news in this regard, so that he could take advantage of any opportunity to make moves~!

……

After hanging up the phone, Li Jianxi couldn't help but sigh, feeling a little regretful. Although he also wanted to get a piece of the pie, given the current situation of the Five Star Group, how could they have enough money to invest in other companies when they could only protect themselves? Most likely, it would depend on the ability of Zhang Junfeng, the beloved son-in-law!

Comet Capital's KB Bank's overseas moves these days are quite eye-catching. As the chairman of the group, he naturally heard the news and cashed out tens of billions of US dollars. Just hearing about it makes people feel excited!
You have to know that their Five Star Group has never been so rich in its accounts after so many years of development! However, the group's loans and debts are more than this amount...

(End of this chapter)