Peninsula: I, a chaebol! I will never follow hidden rules.

Chapter 3 Li Family Morning Meeting [Please collect and read]

At seven o'clock in the morning, in the Lee family mansion in Yongsan District, Seoul, South Korea, Lee Jung-hyun, the sixty-year-old chairman and president of the Lee Group, South Korea's largest chaebol, and his family just arrived at the restaurant to enjoy breakfast.

Although he is considered an elderly person, Li Zhengxian, who was sitting in the first seat, had dark hair and few wrinkles on his face. His square face with thick eyebrows and big eyes was intimidating without even being angry, and he looked to be about fifty years old.

The beautiful woman sitting on Lee Jung-hyun's left, who looks only in her forties, is his wife, Kim Bo-young, the 55-year-old director of the Samhan Museum of Art.

Sitting opposite Kim Baoying is the eldest son of the Lee family, Li Wenxuan, 30 years old, the executive director and chief customer officer of Lee Electronics Company under the Lee Group.

Next to Li Rongxian is the second son of the Li family, Li Wuxuan, the 28-year-old director of the planning department of Li Electronics Company.

Looking at his wife and two sons, then at the empty seat next to Li Wuxuan, Li Zhengxian's face showed a hint of displeasure. He then looked at his eldest son and asked, "Zhixuan didn't go home last night again?"

Oh! I have to be scolded for the third child again.

Li Wenxuan sighed silently in his heart, and then explained with a smile: "Zhixuan may be busy with something, so he has no time to go home."

"He's so busy! He does nothing all day, just hanging around. What else does he know how to do besides living a life of debauchery? If he could devote a third of his energy to work instead of having fun, he wouldn't be just a team leader in the Performance Management Section of the HR Department after three years at Lee Electronics!"

Li Zhengxian was indeed furious. To this, the three people around him did not react much, because they were already used to it.

Because the third son of the Li family is becoming more and more disobedient and self-willed, Li Zhengxian looks angry almost every time he mentions Li Zhixuan recently.

At first, Jin Baoying was quite nervous and worried about her youngest son. But as time went by, she found that although her husband was very dissatisfied with their youngest son, he was actually reluctant to punish him.

As someone who had witnessed the brutal struggle among the three brothers of Lee Jung-hyun's generation, Kim Bo-young naturally did not want her own brothers to fight to the death for the position of chairman of the Lee Group like Lee Jung-hyun's generation.

Therefore, she was also happy to see that her youngest son was a playboy. After all, being born in their family, Li Zhixuan would definitely be rich and worry-free in his life. A playboy posed no threat to anyone, so wouldn't it be nice to be a rich and idle person?
Now, she still has this attitude: "Isn't this good?"

Li Zhengxian was very dissatisfied with Jin Baoying's idea and said angrily: "What's good about it? If he continues like this, he will be ruined!"

As he spoke, Li Zhengxian looked at his eldest son again with a stern face: "Wenxuan, the eldest brother is like a father. Have you fulfilled the responsibilities of a big brother? How do you act like a big brother?!"

Li Wenxuan quickly lowered his head, a look of guilt on his face, but in his heart he was secretly complaining: "My father is not my real father, and you and my mother, my biological parents, are reluctant to discipline me, and then push the responsibility onto me? Is that appropriate?"

After scolding the eldest, Li Zhengxian looked at the second oldest: "And Wuxuan! Even though you are the second oldest, you are also Zhixuan's second brother. Don't you have the responsibility and obligation to discipline your younger brother?!"

Unlike Li Wenxuan, Li Wuxuan sneered inwardly after being scolded, but on the surface he smiled and said, "I do have an idea, but I'm afraid you and Mom will be unhappy if you hear it."

"Oh? Tell me about it." Li Zhengxian and the other two looked at Li Wuxuan curiously. "Zhixuan is the youngest child. He's been spoiled by his parents and elders since he was a child, and we older brothers have also given in to him. He's developed a habit since he was a child that he doesn't like being controlled. If he were to join the company and start as a low-level employee, given his personality, he would definitely not be satisfied."

Hearing this, Li Zhengxian snorted coldly, "Humph! He's so arrogant and incompetent that he thinks he's right? So you're asking me to give him the position of president?"

Li Wuxuan quickly waved his hands to explain: "No, no, that's not what I meant. What I meant was, can we find a poorly managed subsidiary under the group and give it to Zhixuan to manage?

In this way, there will be no one to control him there, and he can do whatever he wants. It also gives him a chance to prove himself.

If he can run the company well, it will be enough to prove that Zhixuan is not overambitious, but rather talented but not appreciated.

Even if he doesn't manage the company well in the end, it's just a poorly managed company anyway, and Zhixuan won't cause any major losses to the group. Besides, he can learn a lesson and know his own limitations. After that, he should finally settle down and start working from the bottom, right? "

At this point, Li Wuxuan said with a hint of worry, "But if this happens, Zhixuan will definitely have to leave Li Electronics temporarily. This idea was my own. Even if you, Mom and Dad, understand, what about Zhixuan? Will he think I want to kick him out of Li Electronics?"

Lee Electronics is the largest subsidiary of the Lee Group and the largest profit pool of the Lee Consortium, accounting for 80% of the entire Lee Group's size.

Therefore, taking over Li Electronics is equivalent to taking over the Li Group. Leaving Li Electronics is equivalent to leaving the core of the Li Group.

This is just like fighting for the throne. A prince is sent from the capital to the frontier, which is a cold and bitter place with nothing. He will definitely not be able to get the throne in this life.

Would Li Zhixuan be happy? Would Li Zhengxian and his wife, who dote on him so much that they couldn’t bear to scold him, be happy?
After listening to the second brother, Li Zhengxian frowned and thought for a moment, then looked at his wife and asked, "That's a good idea, what do you think?"

Kick the third brother out of Lee Electronics? Marginalize him? That's fine too.

Jin Baoying's eyes swept over the faces of Li Zhengxian, his father and his son, and she pondered secretly before nodding and saying, "Let's arrange an assistant for him to prevent any major chaos."

"Okay! Let's do it!" Seeing that Kim Bo Young agreed, Lee Jung Hyun nodded, then turned to look at his two sons with a serious expression and asked, "Which company do you think is suitable for him to go to?"

Li Wenxuan thought for a moment and replied, "Currently, the group's underperforming companies include Baojian Food Company, Kangfu Investment Company, a subsidiary of Li's Medical Company, and the half-dead Xingji Entertainment."

"These three?" Li Wuxuan appeared to be thinking, as if he was thinking about which of these three companies was more suitable for his brother.

But in reality, he secretly resented it! Because he didn't understand these situations, or rather, he didn't fully understand them. Why was that? Did he not want to?
Of course not, he was not qualified to know these things. After all, Li Wenxuan was the successor trained by Li Zhengxian. How could a mere planning director of Li Electronics be allowed to know the specific situation of the group?

(End of this chapter)