The Underground Emperor: Starting with Running Away with His Sister-in-Law

The second daughter's name is Zhao Xiuzhi.

This woman is just as capable as any man, and her abilities are exceptional!

She currently serves as the executive director of the construction industry at Xinjin Group, and she is the future daughter-in-law that Chen Yongji has chosen.

The third son was Zhao Taiwu.

This kid is the most useless, with extremely poor abilities, and has caused Zhao Dongjian no shortage of trouble since he was a child.

Currently, I serve as a representative for a construction company under the Xinjin Group...

It is clearly unsuitable for Zhao Taiwu to hold this position; his abilities are simply not up to par!

so...

Mu Xianmin concluded that perhaps Zhao Dongjian, the newly appointed chairman of the group, also harbored the same thoughts as Chen Yunji.

The possibility of grooming Cho Tae-oh as a successor is almost nonexistent, but it is not impossible to take this opportunity to cultivate his abilities.

Perhaps it was also meant to silence some other shareholders.

In this way...

Unless Cho Tae-oh is hopelessly stupid and completely oblivious to the situation...

It's only natural that they acted so urgently.

"I see..."

Ding Xin narrowed his eyes and murmured something.

Although these are all speculations made by Mu Xianmin based on the information he knows, Ding Xin feels that this is probably the case.

but...

Let's leave Zhao Taiwu's side aside for now!

Ding Xin truly did not expect that the passive counterattack of the Kinmen Group would have such a great impact on Chen Xingjun.

No wonder Chen Xingjun didn't react much afterwards; it turns out he was dismissed!

Tsk tsk tsk...

But who can be blamed for this?

He brought it on himself!

However...

Ding Xin's focus, however, was not on that, but rather on the issue of the management rights of Shunyang Group that Mu Xianmin had mentioned during his presentation...

What about various companies holding cross-shareholdings, thereby gaining management control...?

He was completely confused and couldn't understand it at all!

However, Ding Xin has one great advantage: he asks questions when he doesn't understand something!

so...

"Hyunmin..."

Ding Xin gently swirled the wine glass in his hand, asking like a curious child, "What's this 'cross-shareholding' thing you just mentioned?"

"Cross-shareholding?"

Mu Xianmin frowned, and asked uncertainly, "You want to know about the management rights of Shunyang Group?"

"Yes!"

Ding Xin nodded without hesitation.

......

Chapter 558 Method

Upon hearing this...

Mu Xianmin gave Ding Xin a deep look.

Clever as she is, she has already realized what the man in front of her is thinking.

They've set their sights on Shunyang Group again!

Having spent two years with this man, Mu Xianmin could say she knew him very well.

Whenever the man in front of you shows interest in something, it means he's about to take action.

And it's not just talk; they take real action.

What an ambitious man!

Mu Xianmin's eyes were full of admiration and greed, even though Shunyang Group was unlike any other company Ding Xin had ever dealt with before.

If Ding Xin insists on taking action against Shunyang Group...

That's like a snake trying to swallow an elephant!

From a rational point of view...

Mu Xianmin was not optimistic, but she could not suppress her heartfelt praise.

Whether it's a dream or a pipe dream...

Leaving aside whether it's possible to achieve it, if you don't even dare to think about it, what's the difference between you and a salted fish?

That's why she was so fascinated by Ding Xin.

Think of this...

She didn't keep anyone in suspense and directly revealed everything she knew about the management rights of the Shunyang Group...

And this time...

Ding Xin listened intently...

They listened very attentively!

Cross-shareholding...

As the name suggests, it is a method of cyclical shareholding between parent and subsidiary companies of a conglomerate, and it is a method that is currently used by most of the long-established conglomerates in South Korea.

The reason for using this method...

The triggers come from two aspects!

on the one hand...

It stemmed from the 1997 Asian financial crisis!

on the other hand...

This stems from the inheritance tax in South Korea that has become an unbearable burden for chaebol families!

In 1997, many Asian countries experienced an economic recession, and South Korea was one of the countries most severely affected by this financial crisis!

Because the South Korean government's response strategy was inappropriate...

This led to widespread suffering among the people and brought the monetary system to the brink of complete collapse.

Left with no other choice...

The South Korean government had no choice but to seek assistance from outside the country.

This measure...

This created an opportunity for foreign capital to enter South Korea unscrupulously and seize a large amount of high-quality assets within the country!

Take Shunyang Group for example...

In that storm, nearly half of the shares were acquired by Wall Street tycoons.

but...

The South Korean government at the time wasn't completely hopeless.

Although the country proactively opened its doors to foreign capital, allowing it to enter without restraint, it also established some restrictive measures.

One of the most important ones is...

Foreign investors who aggressively acquired high-quality assets in South Korea during that period could only obtain preferred shares, not common shares, and could not freely trade or dispose of them.

in other words...

They can only enjoy the right to dividends from high-quality assets, but they have no voting rights, management rights, or decision-making rights!

This regulation...

This ensures the maximum autonomy of domestic enterprises!

The South Korean government wasn't idle either...

Similarly, taking advantage of that extraordinary period, under the resounding slogan of protecting domestic assets as much as possible, they used national funds to acquire shares of some conglomerate companies.

That is to say...

Currently, the shares of South Korea's established chaebol groups have been forcibly divided into three major parts!