The Peninsula chaebol started by rescuing Samsung's little princess.

Chapter 34 We're just getting old, not dead.

Unlike her rebellious older and younger sisters, Lee Seo-hyun may be the least attractive of the three sisters, but she is the most well-behaved!

In 2002, she followed her parents' arrangements and married Kim Jae-yeol, the youngest son of the former president of the Dong-A Ilbo, which was a normal marriage between wealthy families.

Of course, although Kim Jae-yeol comes from a wealthy family, his family has declined somewhat.

In 2001, the Kim family was investigated and summoned by the prosecutor's office for tax issues, which led to the mother's suicide and the father's subsequent death, severely weakening the Kim family's power.

Furthermore, most of the family's assets were inherited by Kim Jae-yeol's older brothers, leaving Kim Jae-yeol with a very limited share of the wealth.

But Kim Jae-yeol has a good father-in-law who now works for Samsung Group, just like Lee Seo-hyun.

Both being sons-in-law, Kim Jae-yeol is far superior to Im Woo-jae!

As for Lee Seo-hyun, having studied design abroad, he successfully entered the clothing company "Cheil Woogi" after graduation.

This company, "First Knitting," which may seem like just a clothing enterprise, actually has a remarkable background.

As one of the earliest companies in the Samsung Group, it is no longer a clothing company, but a holding company.

The peninsula government has imposed a very heavy inheritance tax on conglomerates in order to crack down on them, with the tax rate reaching as high as 50%!

Of course, there are always countermeasures from above and policies from below.

In order to avoid the inheritance tax on the peninsula, the Samsung family, or most of the chaebols on the peninsula, use cross-shareholding and multi-layered nesting to control their own groups.

To give a simple example, you only need 51% of the shares in a company to control it.

Then this 51% stake can be held by another company.

And with this company, you only need to hold 51% of the shares to own it.

By analogy, you could potentially control a 4 billion dollar company with just six nested companies and over 100 million shares.

Samsung has more than eighty subsidiaries, which gives them a lot of room to maneuver!

For example, Samsung Electronics, as the most important subsidiary of the Samsung Group, can account for half of the Samsung Group's revenue.

Its shareholders include Lee Kun-hee himself, as well as Cheil Industries, Samsung C&T, Samsung Life Insurance, and others.

The largest shareholders of Samsung Life Insurance are Lee Kun-hee and Cheil Industries.

The shareholders of Cheil Industries are still Lee Kun-hee, Lee Jae-yong, and others.

As one of the three major holding companies of the Samsung Group, Cheil Industries' significance is self-evident.

The obedient Lee Seo-hyun entered Samsung's core business, while the disobedient Lee Boo-jin went to Samsung's peripheral industries. Even a fool could see what Lee Kun-hee's intentions were.

Even so, Lee Boo-jin still made the decision that was most disadvantageous to her.

Even Li Haorong couldn't understand why she did this; it seemed that only "love-struck" could perfectly explain it.

After a brief chat, Li Haorong made an excuse to leave.

Although he was attracted to Lee Boo-jin's looks, just as Lee Boo-jin was wary of him, he was also wary of the Samsung family.

Even though I took Li Yinxin's money, it doesn't mean I'm one of her people!

"This boy is quite nice!"

Only after Li Haorong left did Li Xuxian speak softly.

"Don't be fooled by his appearance; this kid's got a trick up his sleeve!"

Lee Boo-jin said coldly.

"Who in this world isn't a little devil? But how bad can he be, to risk his life to save a stranger? It seems you have a very poor eye for people, lady!"

"Are you asking for a beating?"

Lee Boo-jin could easily tell that Lee Seo-hyun was teasing her, but as Im Woo-jae's wife, she still had to step in to defend him.

Li Xuxian naturally knew this as well, so he changed his words and said:

"However, if he can truly develop into a capable partner, he would be an excellent collaborator!"

Who knows?

Lee Boo-jin remained noncommittal, but Lee Seo-hyun's gaze secretly fell on his sister's beautiful face.

-----------------

"Hahaha... I knew it, it's all fake, all fake!"

While still in the hallway, Li Zhixian heard a burst of laughter coming from the dormitory, sounding like someone had a mental breakdown.

She was physically weak when she pushed open the door, and her roommate excitedly grabbed her and pulled her to sit down in front of the computer.

"See, see, I knew Oppa wouldn't do those things one day!"

Forced to sit down, Li Zhixian roused herself to examine the post.

First of all, I apologize for taking up public resources.

The previous rumors about me and Park Yoochun were all fabricated by myself, and the chat screenshots were sent between two accounts.

I originally just wanted to gain traffic, but I didn't expect things to escalate so much.

When SM Entertainment decided to report the incident to the police, I was terrified and tormented. In the end, I still chose to stand up and write this apology letter…”

The entire apology letter was only a few hundred words long, most of which was about repentance, talking about how difficult his life was and how proud he felt after doing this.

"This kind of woman should be thrown into the East China Sea (specifically referring to the Japanese Ocean)!"

"No, she should kneel under the Tai Chi flag and apologize!"

"No way! Leave it to me, I guarantee she won't be able to get into bed... oops, I mean, won't be able to get on the boat!"

"..."

And among the numerous abusive comments below the post, Park Yoochun even appeared.

[Park Yoochun V: This behavior is wrong, but I believe you have your reasons, and I can forgive you!]

With major entertainment companies flocking to the site, all celebrities verified by MarsNet will have a "V" added next to their names.

"Look, look, how kind our oppa is! Even after being slandered like this, he can still forgive that bitch!"

If it were me, I would definitely kill her! She almost ruined our oppa's career!

Her roommate was still chattering on and on, but Li Zhixian ignored her completely.

She glanced at the post again; it had 48 views and 11 shares—such staggering numbers left her speechless.

Such data might not seem like much in China, but in the peninsula, with a population of only 5000 million, it means that one in every 100 people has seen this post!

"When did MarsNet become so popular?"

"Have you finished watching? If you have, get up quickly, I'm going to vote for Oppa!"

As she spoke, her roommate quickly pulled Li Zhixian up again.

"What kind of vote?"

Because of her period, Li Haorong gave Li Zhixian a few days off, so she had no idea what Li Haorong had been doing lately.

"A ranking of the best boy bands in Korean Peninsula history!"

My roommate sat in a chair and clicked on a pinned poll post with his mouse.

MarsNet: The First-Ever Ranking of the Strongest Boy Bands on the Peninsula!

"First place: Seo Taiji and the children, 169833 votes."

Second place: HOT, 143325 votes.

Third place: Super Junior, 118562 votes.

Fourth place: TVXQ, 110655 votes.

"Fifth place, SS501, 98031 votes."

……

"What? Super Junior, this lousy group, is better than TVXQ? This is rigged, absolutely rigged!"

My roommate was furious when he saw the ranking.

Actually, let alone this roommate who is a die-hard fan of TVXQ, even Lee Ji-hyun thinks it's outrageous.

Seo Taiji and the kids—he's the originator of the Korean Wave; whoever comes here, he'd be number one.

The same applies to HOT; although second-generation groups are starting to emerge, the foundation of the first-generation groups remains.

Besides H.O.T., other first-generation groups included Sechs Kies, Shinhwa, and g.o.d.

The fans of the first generation of idol groups have just gotten older, they're not dead!

If they're arranged like this, won't they riot?

The voting rules stipulate that each account can only cast one vote per day to prevent vote rigging.

Therefore, after her roommate cast her vote for TVXQ, she found that she could no longer vote, so she set her sights on Lee Ji-hyun.

Sensing her roommate's ill-intentioned gaze, Li Zhixian couldn't help but ask, "What do you want?"

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