The penniless son of the penniless ...

Chapter 161 Zheng Mengjiu's plan, temporary shareholders meeting

Seeing the gloomy Zheng Mengjiu, the assistant section chief Park at the side could not help but suggest, "President, perhaps we can seek help from Mr. Zhang of Comet Capital. Now Hanjin Shipping, a subsidiary of Galaxy Group, is the leading multinational transportation company in China. We can use Hanjin Shipping's transportation channels to transport the company's already produced cars to Longguo for sale.

"After the funds are recovered, we can slowly consider opening a factory or branch in the capital of Dragon Country, or even cooperating with local automobile manufacturers to set up a joint venture company!"

"Moreover, the cooperation with Mr. Zhang to ship the cars to Longguo for sale will not only enable us to perfectly implement our plan to enter the Longguo market, but also will cost much less and require less effort than setting up a factory there right from the start."

Hearing the brilliant idea from his assistant, Zheng Mengjiu's eyes lit up immediately. After thinking for a moment, he decided to try it according to his assistant's suggestion. After all, he and Zhang Junfeng were comrades in the same boat. Anyway, it didn't seem to make much difference to bother him to help him. Anyway, the situation of Hyundai Motor Company has improved, which is good for both him and Zhang Junfeng~!

……

When Zhang Junfeng returned to Li Fuzhen's office and planned to rest there for a while and have dinner with Li Fuzhen after work to celebrate the upcoming victory, his phone rang again.

But this time, as soon as the call was connected, Zhang Junfeng heard the familiar voice of Zheng Mengjiu and his straightforward request for help.

"... President Meng Jiu, are you saying that we need to use Hanjin Shipping's transportation channels to ship the already produced Hyundai cars to Longguo for sale?" Zhang Junfeng was unable to react for a moment. It seemed that his previous proposal did not include this one~!

Zheng Mengjiu confirmed his request in a firm tone, and asked Zhang Junfeng for a loan of 100 million US dollars to revitalize Hyundai Motor Company's production plants and multiple sales outlets. Even the sales outlets in Longguo would require a sum of money to be set up.

Hearing what Zheng Mengjiu said, Zhang Junfeng was somewhat amused. He had never expected that Zheng Mengjiu, a strong man, would actually ask him for a loan. However, his requests were not difficult for him and he could easily handle them.

It's just that there is no problem for Hanjin Shipping to help transport cars to Longguo for emergency response at the beginning. But if it takes a long time or even a long time to do this, the transportation fee should be collected. Otherwise, Hanjin Shipping will suffer losses in the end. Isn't it Zhang Junfeng who suffers the most in the end? !
……

After briefly explaining his requirements to Chung Mong-koo, Zhang Junfeng agreed to the other party's request. As for Hyundai Motor's subsequent entry into the Yonggu market, setting up a company there and even cooperating with local automobile manufacturers, Zhang Junfeng said that he could help to make connections, but the specific cooperation matters still had to be handled by Chung Mong-koo personally.

Zheng Mengjiu was also quite satisfied with Zhang Junfeng's arrangement. Not only did he solve the problem of shipping cars to Longguo for sale, but he also got a sum of money to turn around. Zheng Mengjiu would definitely be able to lead Hyundai Motor to a strong rise this time! ...

Three days later, Han Jin found himself in a conference room with more than 10 company executives and shareholders.

Sitting in the first seat was the president Zhao Liangzuo, who had a rather unpleasant expression on his face. Looking at Zhang Junfeng, who was in a good mood and still chatting with his subordinates beside him, Zhao Liangzuo wanted to beat up this little bastard Zhang Junfeng right now to vent his anger.

Two days ago, the representative of Galaxy Group, Wu Mingxi, the head of the legal department, came to Hanjin Airlines and requested to hold an extraordinary shareholders' meeting. He also issued relevant proof of shareholding, which made Zhao Liangzuo quite nervous.

After a few days of fighting, Zhao Liangzi finally understood the horror of the Galaxy Group. Under the huge cash flow, many financial institutions that once supported Hanjin Group actually transferred their shares to the Galaxy Group for money and got out of it. This also caused Hanjin Airlines to be in a very embarrassing situation now!
Fortunately, before the extraordinary general meeting of shareholders, he had his subordinates conduct a careful investigation and confirmed that the current shares held by Galaxy Group were comparable to theirs, or even slightly lower than theirs. Only then did Zhao Liangzuo relax. When the extraordinary general meeting of shareholders came, he, as one of the major shareholders, opposed the demands put forward by Galaxy Group on the spot. It should be no problem.

As for foreign financial institutions, there shouldn't be too many problems, right? After all, the development of Hanjin Group to its current level is not due to the efforts of two generations of their Zhao family, especially their father Zhao Chongxun, who is the soul of Hanjin Group. If their Zhao family loses control of the company, it may not be profitable for these foreign financial institutions!
……

In the next ten minutes or so, President Zhao Liangzi briefly introduced the content of today's meeting and the content that needed to be voted on today in accordance with the procedures of the extraordinary shareholders' meeting. Especially when he read out that Zhao Liangzi would be removed from the position of president of the company, Zhao Liangzi wanted to overturn the table and kill Zhang Junfeng, the bastard, on the spot!

Fortunately, the assistant at the side saw that their president was on the verge of exploding, and quickly pulled him down and kept reminding him that he must remain calm at this moment. Even if there is a vote, they may not lose!

Zhao Liangzuo forced himself to suppress the anger in his heart and finished reading the charter of this meeting. When he announced that a vote was needed to decide whether to remove Zhao Liangzuo from the position of president of the company, only Zhang Junfeng raised his hand to show his approval. Zhao Liangzuo smiled triumphantly!

"Zhang Junfeng, it seems that the outcome of this extraordinary shareholders' meeting is already very clear! Your Galaxy Group has gone to great lengths to acquire the shares of Hanjin Airlines, but in the end it is all a joke? With a guy like you, do you really think you can shake our Hanjin Group's decades of painstaking efforts?!" Zhao Liangzuo, who was confident of victory, did not continue to endure it. He wanted to humiliate Zhang Junfeng, this bastard, in public and vent his anger.

During this period of time, he was unable to sleep or eat because of this guy's trouble. He was afraid that if he was not careful, he would follow in the footsteps of the third brother Zhao Nangao, lose the management rights of Hanjin Airlines and become another laughing stock in the Korean business community!
Recalling that his father Zhao Chongxun used shares of the group's core subsidiaries to exchange for aid funds, he was a little worried at the time, thinking that those foreign financial institutions might have an adverse impact on them. But now it seems that he was obviously worrying too much!
(End of this chapter)