The penniless son of the penniless ...

Chapter 167 The Curtain Comes to an End
But if I really do this now, those officials who supported me in the past will most likely be eager to distance themselves from me and avoid being implicated by me!

In the end, Zhao Chongxun sighed helplessly and chose to leave with prosecutors such as Jin Zhongmin. This time, he was in a hurry to fight with Yinhe Group and Zhang Junfeng. He was not fully prepared and lost! However, these victories and defeats were only temporary. They entered the Zhao family.
Although Hanjin Group will lose the operating rights of three core subsidiaries one after another after today, it can be said that it has suffered an unprecedented heavy blow! However, a lean camel is still bigger than a horse. Their group still has 9 companies, including Hanjin Heavy Industry, Hanjin Airport Services, Hanjin Food, etc. They may have a chance to make a comeback~!

……

After Zhao Zhongxun, Zhao Xiuhao and several Hanjin Land Transport Company executives were taken away by prosecutors, the atmosphere in the meeting hall suddenly became subtle. Once again, a major shareholder of a company was taken away during an extraordinary shareholders' meeting, and in such a shocking way. One can imagine how much public opinion would be aroused once the journalists got the news and reported it? !
However, more people's attention was focused on the young man Zhang Junfeng. Even their old president Zhao Chongxun could not defeat him. At this moment, they were very clear about what would happen to the management rights of Hanjin Land Transport Company in the end!

At this moment, Zhang Junfeng sat on the main seat with a bright smile. After looking around, he did not find anyone who dared to jump out and sing against him. Zhang Junfeng then said that some unexpected situations had occurred before. Although President Zhao Zhongxun and President Zhao Xiuhao left halfway, the previous vote must continue!
When Zhang Junfeng announced the re-vote, the faces of two of the three representatives of foreign financial institutions standing nearby were quite embarrassed.

Originally, they met with the representatives of Hanjin Group who came to visit with a large sum of money last night, hoping that they would abstain from voting or oppose the proposal of Galaxy Group at the extraordinary shareholders' meeting.

Some of them were shaken. After all, the two boxes of US dollars were too tempting! But they never expected that the chairman of Hanjin Group, Zhao Zhongxun, was just average, and was still killed by Mr. Zhang of Yinhe Group! How could these "traitors" who turned against the enemy face their former comrades? !

"Do you support or oppose the removal of the current president, Cho Soo-ho?" Zhang Junfeng reiterated in English the voting proposal that had not been announced just now, intending to give them another chance.

"I argee!" X 3
A smart representative quickly spoke up, and the other two followed suit. Since there was still a chance to change their words, they would definitely not support the Zhao family father and son who were no longer in the public eye. It was obvious that the Galaxy Group on Zhang Junfeng's side was the ultimate winner!

Seeing that he had successfully won the management rights of Hanjin Land Transport Company, Zhang Junfeng promoted the selected professional manager Zheng Shicheng to become the temporary president to manage the company. The company executives who had been worried for a long time only breathed a sigh of relief after Zhang Junfeng announced the end of the temporary shareholders' meeting and left with others.

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

At the Hanjin Land Transport Company's temporary shareholders' meeting, the news that Zhang Junfeng challenged Zhao Chongxun, the chairman of Hanjin Group who had been in power for decades, and won a great victory caused an uproar. These well-informed politicians and business leaders were quite surprised by this news! Although Zhang Junfeng, the boss of Comet Capital, was financially strong, he had won many high-quality companies in a short period of time and successfully established the Galaxy Group.

However, his strength and prestige should still be somewhat different from those of the old big business owners in Goryeo! But the ending was too unexpected. Zhang Junfeng not only attacked Zhao Zhongxun at the temporary shareholders' meeting, but also successfully sent Zhao Zhongxun and Zhao Xiuhao to the procuratorate for questioning, thus losing the right to operate Hanjin Land Transport!

This not only refreshed their understanding of Galaxy Group and Comet Capital, but also made them realize the huge benefits!
Although there are only a few core companies in the remaining subsidiaries of Hanjin Group, they are all high-quality companies with investment value for other companies and foreign financial institutions! Since Zhao Zhongxun and his son are so useless, why don't they take those companies into their own pockets like the Galaxy Group did? !

Anyway, Zhao Zhongxun and his son are both in prison now, and it is still unknown when they will come out. Isn't the leaderless Hanjin Group the best target for them to "hunt" now? And according to the degree of conflict and resentment between the Yinhe Group and the Hanjin Group, it seems that their "taking advantage of the fire" may even get disguised support from the Yinhe Group!
……

Hyundai Group, inside the chairman’s office.

Chung Ju-yung, whose face was somewhat pale, could not help but frown as he watched the news reports on TV. He did not expect that Zhao Chongxun, a guy who became famous later than him, would end up like this. Especially his three useless sons, who lost the management rights of the company one after another and are now either dead or taken away by the procuratorate. Not to mention how miserable their lives are!
When Chung Ju-yung thought of this, he couldn't help but think of his six sons. They were all very capable and each had the strength to take charge of their own affairs. However, this also made him feel troubled. Who should he let inherit the position of chairman?
The choice of whether to let the oldest second son, Chung Mong-koo, take over or the most filial fifth son, Chung Mong-shen, has troubled him for a long time and he has not been able to make a decision.

However, during this period of time, he has clearly felt that his physical condition has begun to deteriorate significantly. He is about to turn 83 and he may not be able to hold on for much longer. He must finalize this important decision as soon as possible.

Chung Ju-yung called several of the group's senior executives and trusted subordinates to ask them about the candidate to succeed the position of chairman of the group. Most of them preferred the second-in-command, Chung Mong-koo. It was under his management that Hyundai Motor Company became the number one in Korea and a legend in the industry!
Of course, there were two or three confidants who seemed to have guessed the chairman's little thoughts and mentioned the fifth son, Chung Mong-sun, but they were quickly rejected by others on the basis of the "primogeniture system". If he rashly appointed the fifth son, Chung Mong-sun, as the chairman, how could he convince his brothers and younger brothers? It might even lead to a family civil war!

(End of this chapter)