Chapter 308
After receiving Kim Tae-hee and Song Hye-kyo to Huayang Xiuyuan, Jiang Feng called Lingxi No. 1 and Jiang Lingyu aside and discussed dealing with the Zheng family.
"Lingyu, I have a message to notify you today," Jiang Feng said to Jiang Lingyu calmly, "...I have officially started a war with the Zheng family!"
"Ah? What..." Jiang Lingyu was surprised and looked at her side. She knew that today was the day for the Seoul business community to hold an annual meeting. This should have been a harmonious and beautiful party. The host just now accompanied the two mistresses to attend the annual meeting, but she never expected that her host would suddenly announce such a thing, let alone become a flock with the second largest consortium in South Korea. This was too dangerous.
You should know that the Hyundai Motor Group owned by the Zheng family is not a cat or a dog, but a super-large company ranked among the top 500 in the world. It ranks seventh in the global automobile market! In the past 2003, its annual revenue exceeded US$38 billion and its profit exceeded US$1.1 billion. The most terrifying thing is its assets. Based on the total assets at the end of 2002, the total assets of Hyundai Motor Group exceeded 34 trillion won, which was US$34 billion, ranking fifth on the Korean corporate group ranking.
It is not a simple matter to deal with such a business giant. Although Jiang Feng is strong, all his assets, even with underground assets, are only 30 billion US dollars. More than 90% of them are fixed assets and stocks.
In other words, Jiang Feng does not have the strength to shake the Zheng family and their Hyundai Motor Group. Although Jiang Lingyu has been following Jiang Feng, she is still the manager of all Jiang Feng’s property, and can be said to be Jiang Feng’s housekeeper. Jiang Feng’s current asset status is better than Jiang Feng himself.
"Master, although I want to help you accomplish this, our strength is not yet capable of going to war with the Zheng family and Hyundai Motor Group. The Zheng family and Hyundai Motor Group are not only strong in themselves, but also have close ties with the Korean authorities. As the leader of the South Korean automobile industry, if there is a problem with the Hyundai Motor Group, the South Korean government will never sit idly by. In other words, you will be against the South Korean government." Jiang Lingyu said.
"I know, but Lingyu, you may have thought something wrong, that is, what I want to deal with is the Zheng family, not the Hyundai Motor Group. No matter what, the Zheng family and Hyundai Motor Group cannot be equated." Jiang Feng said with a smile.
Jiang Lingyu looked at Jiang Feng in confusion.
Jiang Feng said: "Although the Zheng family is the major shareholder of Hyundai Motor Group, Hyundai Motor Group is not the private property of the Zheng family after all. Moreover, because the Zheng family has always been too strong, they have enemies in South Korea. Even within the Zheng family, there are many contradictions. Especially Zheng Yuanming and Zheng Yixuan's father Zheng Mengjiu, who is the object of hatred by most people in the Zheng family."
"In the 1990s, his uncle Zheng Xiangyong was squeezed out of Hyundai Motor Company. In 2000, he took advantage of Zheng Mengxian's business trip to try to seize power and provoke the "Prince Rebellion". Zheng Zhouyong was extremely dissatisfied with this and summoned Zheng Mengjiu and asked him to cut off the idea of competing for the position of chairman of the group as compensation to let him manage Hyundai Motor business. Zheng Zhouyong later announced that Zheng Mengxian was the chairman of the board of directors of Hyundai Group, and Zheng Mengjun controlled Hyundai Heavy Industry Group. From then on, the Hyundai family divided the world and the brothers' dispute was temporarily settled. After Zheng Zhouyong passed away in March 2001, Zheng Mengxian inherited Hyundai Company according to his father's order. However, two years later, the Zheng family once again staged a "wealthy grudge". Hyundai Motor, under the command of Zheng Mengjiu, the best asset of Hyundai Motor Company and Hyundai Heavy Industry under the jurisdiction of Zheng Mengjun, were independent,
More than a dozen other companies are big, but most of them are heavily in debt. The group has to bear the heavy burden of investment in North Korea. In other words, Zheng Mengjiu's behavior caused the split of Hyundai Group, and he is naturally unforgivable within the Zheng family." Jiang Feng continued, "And Zheng Xiangyong, the uncle who was squeezed out by Zheng Mengjiu, did not give up. His Korean King Kong Goryeo Chemical (KCC) Group announced on November 14 last year that it has acquired Hyundai Group through control of the shares of Hyundai Group's main subsidiary. Zheng Xiangyong, the honorary president of KCC, will exercise the operating rights of Hyundai Group. Hyundai Group has actually become a subsidiary of KCC Group. I believe that even so, Zheng Xiangyong's hatred for Zheng Mengjiu has not been eliminated. Because he has not yet avenged Zheng Mengjiu."
Jiang Feng looked at Jiang Lingyu and said, "The reason why he did not further attack Zheng Mengjiu's Hyundai Motor Group and avenge Zheng Mengjiu is also because of his lack of strength. As long as he has enough strength, he will definitely take revenge on Zheng Mengjiu, who squeezed him out of Hyundai Group."
Jiang Lingyu's eyes lit up, and she said, "The master means that we unite Zheng Xiangyong to attack and annex Hyundai Motor Group and destroy the forces in Zheng Mengjiu's hands, so as to achieve the goal of dealing with Zheng Yixuan and Zheng Yuanming?"
Jiang Feng nodded and said, "It's basically the case. However, if it's just like this, it's still not enough. Although Zheng Xiangyong's KCC Group is the 37th-ranked corporate group in South Korea, it is still not enough compared to Zheng Mengjiu's Hyundai Motor Group, even if he now acquires Hyundai Group."
Jiang Lingyu was confused again.
Jiang Feng smiled and said, "So, we must also attack Zheng Mengjiu himself. I believe that for a person like him, there will definitely be a lot of shit on his butt that has not been wiped clean. We can target this and make Zheng Mengjiu and Hyundai Motor Group frustrated. In this case, it will be much easier for us to join forces with Zheng Xiangyong to deal with him."
Jiang Feng is very sure of this because he has a clear memory. Zheng Mengjiu was arrested on April 28, 2006. On May 16, Zheng Mengjiu was accused of privately establishing and embezzling more than 100 billion won of secret funds, causing more than 400 billion won of economic losses to Hyundai Kia Automobile Group and its subsidiaries. His behavior violated the South Korean "Aggravated Punishment Act for Special Economic Crimes" and was guilty of embezzlement and dereliction of duty. On April 28, 2006, the Seoul Central District Court approved the detention of Zheng Mengjiu. On June 28, the Seoul Central District Court approved Zheng Mengjiu's bail application.
Although this will be exposed a few years later, now with Jiang Feng, it is possible to expose this matter in advance. As long as something happens to Zheng Mengjiu, Hyundai Motor Group will inevitably cause turmoil, and some small shareholders will definitely sell their stocks. At that time, it is the time for them to take action.
The plan has been decided. Jiang Feng asked Lingxi No. 1 to collect evidence of Zheng Mengjiu's crimes, and at the same time asked Jiang Lingyu to contact Zheng Xiangyong to discuss the matter of dealing with the Zheng Mengjiu family and Hyundai Motor Group together.
...
Just when Jiang Feng decided to deal with the Zheng family and Hyundai Motor Group, Zheng Yixuan was not idle either. This time, the Seoul business elite gathering carefully prepared on behalf of his father Zheng Mengjiu was disturbed by Jiang Feng. He also injured his younger brother Zheng Yuanming, and many of his subordinates were denied. Jiang Feng did not give him any face at all, and dared to be so arrogant on his territory. This was simply a provocation of a naked provocation. As the successor of the Zheng family, Zheng Yixuan, he would never tolerate such a thing.
After sending Zheng Yuanming to the hospital for treatment, Zheng Yixuan urgently summoned his subordinates to discuss specific response measures.
Zheng Yixuan knew very well that Jiang Feng would definitely attack their Zheng family and Zheng family's Hyundai Motor Group. But Zheng Yixuan really couldn't understand why Jiang Feng did this. With his strength, he was no match for their Zheng family. He was seeking death if he did this. Even if he succeeded in the first round of attacks, so what if the Zheng family lost only a small part. If he counterattacked, Jiang Feng would not get any benefits.
Zheng Yixuan paced back and forth in anger. Jiang Feng was simply seeking death, but it doesn't matter if he dies. Don't take their Zheng family to take care of him.
Although Jung Yi-hyun had little contact with Jiang Feng, he had a thorough understanding of this person after his last blind date with Kim Tae-hee. Jiang Feng is the kind of person who uses any means to achieve his goal, and he is also an extremely domineering person.
However, Jung Yi-sun also had some understanding of Jiang Feng's reaction. If his woman was bullied by others, he would be furious. In fact, he was also very annoyed by his younger brother because he was teasing Kim Tae-hee, and the woman he also liked.
However, now Jiang Feng has taught his younger brother a lesson in front of so many people. He must not be tolerant of Jiang Feng anymore, because that is related to the reputation of the Zheng family. If he gives in, how can the Zheng family stay in Korea in the future?
However, he was a little struggling to deal with Jiang Feng. After all, Jiang Feng's strength is not much worse than their Zheng family. If he fights Jiang Feng head-on, even if their Zheng family wins in the end, it will be a miserable victory. It may even be a situation where both sides suffer. After all, Jiang Feng can start from scratch and create a huge family business in just two or three years, it is definitely impossible for him to be an ordinary person.
After careful consideration, Jung Yi-sun called Lee Kun-hee, the boss of Samsung Group. He wanted to take Lee Kun-hee to attack Jiang Feng together.
"Uncle Li, it's me, Zheng Yixuan. Well... You should know about that boy Jiang Feng, right?" Zheng Yixuan said after the phone was answered.
"Oh... Lao Xu, haha, young people are young people, he is too impulsive." Lee Kun-hee said indifferently.
When he heard that Lee Kun-hee didn't seem to care much, Jung Yi-sung frowned. In fact, it was true that Jiang Feng is now giving him and the face of their Zheng family. He has no dime relationship with Lee Kun-hee. How could Lee Kun-hee care? (To be continued. If you like this work, you are welcome to subscribe to (this site) and give me rewards. Your support is my greatest motivation.)
Chapter completed!