Peninsula Platinum Era

Chapter 5 Being Too Smart Isn't Good

Chapter 5 Being Too Smart Isn't Good

"It's a pity that Big Hit doesn't have an acting department, otherwise I would definitely sign you and keep you by my side to feel at ease."

Chen Shijun said nice things, but he also knew that this older sister might not be interested in this idea. She was three years older than him and was usually very smart and calm.

Just three months ago, she signed with Keyeast, a well-known entertainment agency originally founded by famous actor Bae Yong-joon. Last year, Bae Yong-joon sold his shares to the renowned SM Entertainment, becoming SM's fourth-largest shareholder in the share swap while relinquishing operational control.

It is considered one of the most well-known entertainment agencies in the country, but it lost Kim Soo-hyun recently, and it is hard to say whether it can regain its glory after the change of ownership.

"Is this what you really think? If it is, I'll be very happy."

She elegantly slipped on her bathrobe, walked barefoot on the soft carpet, and opened the window. The apartment was situated on high ground, and the surrounding buildings were spaced far apart, making it very well-lit.

Eun-chae really liked this kind of residence; it gave her a kind of unreal, upper-class feeling that was addictive, much like the man's subtle tenderness.

"Just take this seriously. Go and get my clothes ready. I have an appointment with Representative Yoon Seok-joon today; we have something important to discuss."

Chen Shijun always felt that this older sister was too smart. Although she would occasionally reveal some flaws to him, he knew in his heart that she knew everything and understood everything.

Since that's the case, there's no need to coax or deceive her. Just make her face reality and maintain certain boundaries so that he has more room to maneuver.

Leaning against the bed, I watched my older sister stride forward with her long, straight legs, bending over to rummage through the wardrobe. Her tall figure of 172cm was indeed impressive, even taller than Yuan Ying.

"I've been prepared for a while now. Shijun seems to have lost weight recently. Is something on his mind?"

The older sister's eyes were filled with heartache, but she couldn't see a trace of fake emotion on Chen Shijun's face. He simply mentioned the results of his recent workouts.

"I wasn't selected for the alternative service lottery. I'm lucky for my age. I heard the policy will be changed next year, and my juniors will also have to serve in the military."

In the past, in order to promote the country's technological development, South Korea exempted highly educated students majoring in engineering from military service. For example, doctoral students in science and engineering from universities such as Seoul National University and KAIST could work in companies or research institutions to replace their military service obligations.

However, with the increase in loopholes, the government has urgently patched the issue by canceling a series of military service exemptions. Chen Shijun had passed the military service exemption last year, but he has not been selected in the six-week alternative service lottery, and it is very likely that the matter will be dropped.

Even if he didn't have to serve in the army, Chen Shijun didn't want to waste time on community public services. He was so rich that he didn't want to do manual labor, and even if he didn't have to work, he didn't want to waste time.

After seeing the man off to the door, Eun-chae finally let out a long sigh, patted her cheeks with a wry smile, and wondered why she always had such unrealistic thoughts. She decided she shouldn't have them again next time.

Recently, she joined an important team, which can be considered a small revival of her career during this low period. Otherwise, if this kind of life continued for too long, Eun-chae would really feel like she was being completely kept as a caged bird.

……

Chen Shijun was a very intelligent man who could see through Encai Nuna's thoughts perfectly, but he never wanted to change the relationship. On the contrary, he sometimes deliberately created a barrier between them.

……

This year can be described as a year of explosive growth for Big Hit, with sales and profits more than double those of the traditional Big Three: SM, JYP, and YG combined. And Bang Si-hyuk seems to have even greater ambitions for the coming year.

"We'll go public next year!"

This guy was extremely pleased with himself, and Chen Shijun felt he should be proud too. Changing accounting standards and disclosing consolidated financial statements for the first time to strengthen the capital market's trust was clearly paving the way for a listing next year. This guy controlled more than 50.88% of Big Hit's shares in the first half of this year, and although he recently cashed out some and exchanged some, he still holds more than 45%.

With Netmarble holding 25% of the shares as the second-largest shareholder, the company enjoys a firm grip on control. Compared to the other three major entertainment companies, whose founders hold no more than 20% of the shares, this is incredibly secure.

The owner of the game company Netmarble is none other than Fang Junhe, Fang Shihe's cousin from five generations away. With blood ties and a solid foundation of trust, there is absolutely no problem. The family's capital network spans politics and business, making it as stable as a mountain.

His own shares don't play a decisive role, but they represent a link to the cooperation with Dunamu. Unlike his good friend, this fat man doesn't have any attachment to K-pop; he's just a businessman pursuing profits.

Chen Shijun understood the strategic logic behind his transformation from "idol management" to "technology entertainment group," and he also knew that he didn't care whether the market would survive or perish in the future, nor did he care himself. All he cared about was how to seize more profits together.

The private welcome reception was not like the ones in TV dramas, where everyone was dressed in suits and ties, raising wine glasses and engaging in lively discussions in a brightly lit banquet hall.

A typical Korean dining table was set with bowls and plates of various sizes. Chen Shijun sat to the right of the head of the table, making it easier for Fang Shihe to introduce himself to the others. There weren't many people, but they all looked at him with curiosity.

This young man was a bit too young. He wore a black shirt and suit, had short, neat hair and thin-rimmed glasses, and had a gentle smile on his face. He didn't seem aggressive at all and didn't appear to be much older than the company's cash cow, the BTS members.

As the company's fourth largest shareholder, he naturally commands respect from many. People initially assumed he was some young master from a wealthy family, but when Representative Fang revealed that he was a founding member of the technology company, it drew even more attention.

“This is Representative Su from Source Music. Like Sejun, he has just joined our family. He and our Chief Brand Officer (CBO) Ms. Min Hee-jin are building our global talent show and girl group incubation program.”

Chen Shijun greeted him warmly, knowing there would be many more opportunities to meet in the future. Now that he had joined the company, he naturally made sure to get to know all the departments.

Like Min Hee-jin, So Sung-jin only joined Source Music in July, but he had previously proven himself with the successful group GFRIEND.

As for Min Hee-jin, she gave a seemingly friendly smile. Chen Shijun didn't have much of an impression of her, and his impression of these people was limited to online searches. It seemed that there were some unpleasant rumors about them, but it had nothing to do with him.

It's unclear what kind of sparks these two will create. Chen Shijun can only wish them good luck. Perhaps their operations are a bit too large, as they seem quite different from Dunamu's extremely lean company structure.

……

"Yuanying! Are you serious? Is it really as good as you say? Where did you get such a generous friend? There are twelve of us! How about we spend some money to change the venue?"

The oldest leader, Kwon Eunbi, felt it wasn't good to trouble others, although the maknae volunteered to take everyone to Gapyeong's big villa, which had a huge courtyard and garden.

Not only can you play in the villa, but you can even have a barbecue by the lake. It's said to be something that's hard to find anywhere else, but as far as she knows, Xiaoyuan's family is only relatively well-off.

“Of course it’s true, this is my most important brother, like family.”

Yuan Ying was completely unconcerned about what the captain said. They had no idea that they had such a capable older brother, or how good he was to them.

"Okay! Our maknae is the best, incredibly amazing! This birthday celebration for Yuri is all thanks to you!"

What a cocky little girl! I wonder when she'll mature a bit. Looking at the maknae, whose height he'll soon have to look up to, the leader helplessly stood on tiptoe and patted her head.

 This new book requires reading, so please read to the end. Thank you very much!
  
 
(End of this chapter)

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