The penniless son of the penniless ...

Chapter 92 Li Jianxi's Plan

Chapter 92 Li Jianxi's Plan
Zhang Junfeng, who came out of Hyundai Motor Company, was in a very good mood. It was also a good deal to be able to form an alliance with Chung Mong-koo to obtain part of Hyundai Motor's shares! As for the black material of his brother-in-law Lee Jae-yong, Zhang Junfeng didn't take it to heart!
But before leaving, a suggestion from Zheng Mengjiu inevitably made him alert. This guy actually encouraged him to compete with Li Zairong for the management rights of the Five Star Group, saying that Zhang Junfeng's ability and strength far exceeded Li Zairong and could completely defeat the other party. After Li Jianxi completely lost patience with his son, he took over the management rights of the Five Star Group from the other party as his son-in-law!

However, although Zheng Mengjiu's proposal is very tempting, it is not good enough in front of Zhang Junfeng! Not to mention that he and Li Zairong have reached a settlement and will no longer compete with each other for the management rights of the Five Star Group.

Even if he wanted to target these big companies, LG Group, Hanjin Group, Yuetian Group and other big companies were not much inferior to Five Star Group. He could just take action against these big companies outside. Why would he bother to fight with Lee Jae-yong for the management rights of Five Star Group? !
Of course, since Chung Mong-koo said so, Zhang Junfeng also "reciprocated the favor" and also hinted that the other party could speed up the competition for the chairmanship of Hyundai Group. As an ally, he will also fully support the other party to take the position!

Originally, Zheng Mengjiu thought that the young man Zhang Junfeng was just copying and playing tricks on him, but the other party's words "The world is so big, I have only heard of emperors who reigned for 60 years, but I have never heard of a prince who reigned for 60 years?" hit Zheng Mengjiu's sore spot!
Isn't this the current situation of Hyundai Group? My father is now an 83-year-old elder, and I will be 60 this year. If I continue to endure like this, it is hard to say who will collapse first and meet my eldest brother who passed away young!
Zhang Junfeng's words greatly stimulated Zheng Mengjiu, and it also made him think of pulling his father Zheng Zhouyong from the position of chairman in advance and taking the position himself!

------Dividing line------

Not long after returning to the villa, the servants reported a situation to him. It turned out that not long after Zhang Junfeng went out this morning, he received a call from home. The other party claimed to be Song Minyan, the daughter of Song Zhaihuan, the president of Samsang Department Store, and wanted to meet Zhang Junfeng!

"Song Minyan wants to see me?!" Hearing the servant's words, Zhang Junfeng couldn't help but feel curious. Where did this woman get his contact information from? And what did she mean by contacting him at this time? !

According to the previous plan, he should visit Sanshang Department Store with Wu Mingxi and others in a day or two to collect the debt. If the other party does not cooperate, he can only use some not-so-glorious means to protect his rights!

It’s just that Song Minyan took the initiative to call me, so maybe I can modify my previous plan and meet this woman first to see her intentions!
……

When Zhang Junfeng arrived at the Shilla Hotel on time to pick up Li Fuzhen after get off work, the other party told Zhang Junfeng with some concern that his father Li Jianxi asked them to go home and he had something important to discuss with Zhang Junfeng.

Zhang Junfeng didn't care about it. As his strength became stronger and stronger, the attitude of the five-star Li family towards him would only get better and better!
Although the current situation of the Five Star Group cannot be described as extremely bad, the huge debt problem has not been properly resolved. It is like a sword of Damocles hanging over their heads, and the crisis still exists!
Li Jianxi is a smart man, and his current financially powerful son-in-law Zhang Junfeng is likely to be the last way out for the Five Star Group!
If the aid from the International Monetary Fund (IMF) is delayed for a few months, he might be desperate and turn to his good son-in-law again to ask for financial assistance from him.

……

When Zhang Junfeng and Li Fuzhen arrived at the Wuxing Li family's mansion, they found that their eldest brother-in-law Li Zairong and his wife were not present. Only Li Jianxi and his wife Hong Luoxi were waiting for the arrival of their daughter and son-in-law.

After enjoying a bland dinner, Zhang Junfeng was taken to the study by Li Jianxi to discuss important matters. However, Li Jianxi looked at his son-in-law in front of him in silence for a long time before speaking, "...Junfeng, what do you think of the Five Star Lei'e Automobile that Zai Rong is in charge of? Is it necessary to continue to invest and operate it?!"

Zhang Junfeng paused. He had never expected that the other party called him over to ask him about such a thing? It was just that the operating status of a subsidiary of the Five Star Group was asked to him by a son-in-law who had no business. Isn't this a bit inappropriate? !
But seeing that Li Jianxi was looking at him, expecting his answer, Zhang Junfeng could only perfunctorily say, "I am not good at company management and operation. But from the perspective of investors, if a company has a good financial situation and considerable profitability, then the investment is valuable. Otherwise, there is no need to invest..."

Hearing what Zhang Junfeng said, Li Jianxi nodded thoughtfully.

But before Zhang Junfeng could react, Li Jianxi asked another question, which made Zhang Junfeng frown slightly.

"...By the way, I've heard from Fuzhen before that you have a good relationship with the top executives of Goldman Sachs, one of the financial giants in the United States. I'd like to ask you to help contact Goldman Sachs. I have a business deal I want to discuss with them..."

"...There is certainly no problem in helping with the matchmaking, but those overseas financial institutions are extremely snobbish. If there is not enough benefit, they generally won't sit down and negotiate with others." After pausing for a few seconds, Zhang Junfeng couldn't help but remind him.

It seems that the situation of the Five Star Group is similar to what he expected. Although the 1.8 million US dollars he got from him can solve the urgent needs of the Five Star Group, this money is ultimately a drop in the bucket for the Five Star Group, which has a big hole. It can only delay the arrival of bankruptcy, but cannot fundamentally solve the crisis.

(Note: Previously, a loan of 1.5 million US dollars was obtained from Zhang Junfeng by mortgaging the shares of the two companies, and another 3 million US dollars was sponsored by Zhang Junfeng)

Li Jianxi nodded to Zhang Junfeng's reminder. In his opinion, no matter how demanding the requirements from Goldman Sachs were, they would be much better than those from the International Monetary Fund (IMF), right? !

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


(End of this chapter)

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