The penniless son of the penniless ...

Chapter 156: Making a Feint to the East and Attacking the West, Encircling Wei to Save Zhao

"I just didn't expect that such a potential investor would actually come to me on his own initiative. I naturally welcome capable young people who come to me on their own initiative! I'll help you and make a good relationship with you. Maybe we will have other opportunities for cooperation in other areas in the future~!" Nacho Morgan said meaningfully.

Realizing that the other party was trying to win him over, Zhang Junfeng was happy to make friends with him.

One more friend means one more way. Since the other party can lend a helping hand to him when he encounters difficulties, no matter what the other party's purpose is, at least the help he gets is real!
……

Zhang Junfeng expressed his gratitude to Nacho Morgan for his help and promised to repay the loan on time within one year before ending the call.

The next morning, Li Fuzhen looked at Zhang Junfeng who was in a good mood and couldn't help asking, "I woke up this morning and saw you humming a song. It's rare to see you like this. Did something good happen?"

Zhang Junfeng put his arms around Li Fuzhen's waist and kissed her on the cheek. He then happily shared how he had successfully negotiated a loan with a senior executive of JPMorgan Chase last night.

Upon learning the twists and turns of how Zhang Junfeng's loan application was first shelved by senior management of Goldman Sachs Group, and then how Zhang Junfeng sought help from other financial institutions and finally received a positive response, Li Fuzhen's face broke into a long-lost smile.

"Junfeng, thank you for your hard work! We will definitely be able to take over the management rights of Hanjin Shipping now, and we will never let those people from Hanjin Group succeed!"

"Well, I've already dealt with the funding issue. Now it all depends on your performance!" Zhang Junfeng smiled and stroked the other person's face. "I'll go to the group with you later and discuss ways to deal with the Hanjin Group."

Li Fuzhen nodded in agreement. She thought that having Zhang Junfeng, the founder of the group, personally present to announce the launch of the battle for the operating rights of Hanjin Shipping and to make a high-profile statement about their Galaxy Group's abundant financial reserves would surely be a great encouragement to people!
……

In the office building where the Galaxy Group is located, when Zhang Junfeng, the group's founder, and Chairman Li Fuzhen came together, it caused quite a stir within the group. Many people were discussing why Zhang Junfeng, the group's founder, came to the group this time.
Zhang Junfeng ignored the speculation of these employees, but asked Li Fuzhen to immediately convene many senior executives of the group and representatives of subsidiaries to hold an important meeting within the group.

Half an hour later, the huge conference room was already full of people. When many people saw Zhang Junfeng sitting at the first seat, they secretly wondered what the big boss's sudden appearance was for.

……

"I think you have all heard about what happened during this period. Hanjin Group has been frequently contacting several of Hanjin Shipping's top shareholders in an attempt to acquire their shares, trying to compete with us for the operating rights of Hanjin Shipping!"

"We at Galaxy Group will never tolerate this kind of provocative behavior! Since the other party has launched an attack, we at Galaxy Group must launch a counterattack to thwart the other party's conspiracy!"...

Hearing Zhang Junfeng's domineering declaration, which showed his determination to fight Hanjin Group to the end, many people present became worried, although they all knew that Zhang Junfeng and Comet Capital, which he led, controlled a large amount of funds and their strength should not be underestimated.

But the opponent is Hanjin Group. Even if its performance in this financial crisis is not satisfactory, it is still one of the top five large enterprises in the country. Can their Galaxy Group really defeat it?

Wu Mingxi, the representative of the legal department who had already discussed this with Zhang Junfeng, asked everyone's questions, "Boss, if we want to keep the management rights of Hanjin Shipping, we need a lot of funds to repurchase shares. But the company currently has less than 3 million US dollars available, so it will be very difficult to win the battle for management rights."

Seeing Wu Mingxi delivering the "speech" as arranged before, Zhang Junfeng smiled and explained, "Don't worry about the funds. I have already negotiated with the top management of financial institutions in the United States and secured a huge loan of more than 10 billion US dollars. It will be in place in the next two days!"

"Our goal this time is not only to keep the operating rights of Hanjin Shipping, but also to take the initiative to acquire the stocks of Hanjin Aviation and Hanjin Land Transport. We will strive to defeat Hanjin Group in this acquisition war and step on its 'corpse' to become a top domestic enterprise!"

"The reason why Hanjin Group dares to be so arrogant is that they obtained a grant from the IMF by selling the shares of its subsidiaries. If they misappropriate the grant to buy shares of other companies without authorization and fail, they will inevitably suffer a backlash!"

Suddenly, exclamations rang out in the conference room. All the senior executives present were deeply shocked!

If I was worried when I heard that the big boss Zhang Junfeng was going to confront Hanjin Group head-on, I am extremely surprised now!
They didn't expect that their big boss had such great power to get such a large loan in such a short time. The Hanjin Group, which was regarded as a large and powerful enterprise, turned out to be just an "empty shell" that sold out its own group's interests and squandered the aid funds!
In this comparison, the advantage is definitely on me. No wonder the boss would make such a bold statement!

……

The meeting ended with everyone's emotions agitated. Looking at the departure of the group's executives who had been restless for a long time, Wu Mingxi, who was sitting next to Zhang Junfeng, smiled and said, "Boss, our plan is going very smoothly. Next, we just need to follow the news released before and buy a large number of shares of Hanjin Airlines and Hanjin Land Transport on the stock market. At the same time, we will send people to contact the shareholders of these two companies. I think the senior executives of Hanjin Group will definitely be thrown into disarray!"

"…But the only problem now is, boss, can you really come up with so much money to acquire two companies at the same time and take over Hanjin Group in one fell swoop?" Thinking of what Zhang Junfeng had told him before, Wu Mingxi was still a little worried.

After all, the founders of Goryeo's big companies were able to accumulate a lot of wealth during those difficult years and gradually expand their companies to the current level. Who would be a fool? He didn't want his boss to blindly advance, and then the plan would fail and suffer heavy losses!
Zhang Junfeng grinned, "The funds I have mobilized are limited for now. Any more will affect my other investments. But Director Wu, you seem to have forgotten one thing! That is, the current list of shareholders of Hanjin Group is very different!"

(End of this chapter)