SBS TV, also known as SBS Co., Ltd., is from mbc TV, KBS TV is the three major TV stations in South Korea. The difference is that KBS is a state-owned enterprise, while SBS and mbc are both private enterprises. Such SBS TV stations have a board of directors, the president, executive director, and the appointment of directors is decided by the board of directors, and the board of directors is controlled by five major shareholders.

Several previous major shareholders of SBS TV Station are distributed as follows:

Tairong Real Estate Construction: 30%.

Guidulami Group: 13.2%.

Dahan Investment Trust Usage: 9.5%.

Government shares (i.e. South Korea National Pension Management Company): 6.5%.

Korean powder making: 5.6%.

SBS TV has 1 president, 2 executive directors and 5 directors.

1 president, 1 executive director, 1 director, and represent Tairong Real Estate Construction.

One executive director, one director, representing the Guidu Lami Group, the executive director is Cui Ji-jung, and the director is Kim Jong-cheng.

There are also three directors representing the three shareholders of Dahan Investment Trust, government public shares, and Dahan Powder.

However, this is the previous distribution situation, and it has changed. The most important changes are two:

First, Guidulami Group's shares in SBS TV have increased, from the previous 13.2% to 15%.

This is the result of Jin Jingcheng's efforts. After Jin Jingcheng represented Guidu Lami Group as the director of SBS TV, he already wanted to expand Guidu Lami Group's shares in SBS TV. It was both for the sake of Guidu Lami Group and for personal interests.

Because Jin Jingcheng knew that SBS TV would develop better and better in the future. Expanding the shares of Guidu Lami Group in SBS TV can make Guidu Lami Group more profits, because Jin Jingcheng is determined to take charge of the Korean entertainment industry, and the greater the control over SBS TV, the more beneficial it will be to him.

Jin Jingcheng's idea was supported by Cui Zhenmin, chairman of Guidu Lami Group and Zhang Chengyuan, the second largest shareholder. Later, as Jin Jingcheng became the third largest shareholder of Guidu Lami Group, this idea was even more realized.

So with the efforts of Jin Jingcheng and under the control of Jin Jingcheng, Guidu Lami Group has been trying every means to acquire shares of SBS TV from last year to now. After hard acquisition, Guidu Lami Group acquired 1.8% of the shares. Although it is only 1.8%, this is the shares of SBS TV. It is already very good to acquire 1.8% of the shares. It also shows that Jin Jingcheng's business operation was very successful. Even Cui Zhenmin and Zhang Chengyuan praised Jin Jingcheng for this and also gave Jin Jingcheng a large bonus in the name of Guidu Lami Group.

So now, Guidulami Group already holds 15% of SBS TV shares.

Secondly, the president of SBS TV was previously represented by representatives of the largest shareholder Tairong Group. Now, the president can be elected from the representatives of the five major shareholders, namely Tairong Real Estate Construction, Guidu Lami Group, Dahan Investment Trust, government shares, and Dahan Powder.

This is of course a very important change.

This means that the position of president of SBS TV was occupied by Tairong Group in the past, and now the representatives of the other four major shareholders can also be held.

This means that the rights of the largest shareholder Tairong Group on SBS TV have been weakened, and the rights of the other four major shareholders have been strengthened.

This means that Kim Jong-cheng may run for the position of president of SBS TV in the future.

Such an important change is the result of the joint efforts of the four major shareholders, including Guidu Lami Group, the use of Dahan Investment Trust, government shares (i.e., South Korea National Pension Management Company), and Dahan Powder. Among them, Jin Jingcheng also made some efforts.

But these business operations are all commercial secrets and are very secretive. Jin Jingcheng will not tell people such things casually, even Lin Xiujing.

If Lin Xiujing knew about these secret things, she would definitely not say that Kim Jingcheng, the director of SBS TV station, was incompetent. Instead, she would praise Kim Jingcheng for doing a good job and doing a cunning job.

Some leaders of SBS TV who know this are mainly senior leaders, middle-level leaders, and low-level leaders. These senior leaders and middle-level leaders have all been amazed at Jin Jingcheng's business skills for this, thinking that Jin Jingcheng is not incompetent but very awe, and therefore they are particularly awesome to Jin Jingcheng.

Lin Xiujing smiled and said, "With that being said, aren't you afraid of being dismissed by the board of directors when you treat this position as a leader like you?"

At the moment when Jin Jingcheng was joking about Lin Xiujing's joke, he suddenly responded in a domineering tone: "If I tell you, not only will I not be removed from the board of directors, but I will be promoted to executive director in the future. Do you believe it?"

Lin Xiujing was stunned for a moment, then nodded: "Although you said it a lot, I still chose to believe you, because based on my understanding of you, you usually don't boast about such things."

Jin Jingcheng nodded with relief. Of course, he was not bragging or boasting. He said this with a basis. The basis is that he would replace the position of executive director of Cui Ji-jung, who represents Guidu Lami Group in the future.

Jin Jingcheng suddenly smiled and said, "And if I tell you, I might become the president of SBS TV in the future. Do you believe it?"

Lin Xiujing widened her eyes and nodded this time: "I don't believe this. Although you are awesome, the president of SBS TV is not easy to become."

Jin Jingcheng said "Yes": "That's right."

But I thought silently: "If I really want to be the president of SBS TV, I will really be able to do it in the future. But I don't care much about the president of SBS TV and don't want to do it."

A person's time and energy are limited, and Jin Jingcheng is no exception.

If Jin Jingcheng wants to become the president of SBS TV in the future, it means that he will devote a lot of time and energy to this, which is something he doesn't want to.

Although sbs TV is very big and is one of the three major TV stations in South Korea, it is not Kim Jingcheng's private TV station after all, but a private TV station controlled by five major shareholders. Kim Jingcheng will not devote a lot of time and energy to this. For him, this is a waste.

Jin Jingcheng is the president of the chaebol group. For him, what is the position of president of SBS TV?

Moreover, Jin Jingcheng is even planning to create a TV station by himself in the future and create his own private TV station, competing with the three major TV stations of SBS, KBS, and mbc, and even replacing one of them.

Jin Jingcheng is a maverick person, and he is also a person who wants and dares to do big things.

For him, being the president of SBS TV is not a big deal.

If he could create a TV station that was comparable to the three major TV stations by himself, that would be really awesome!
Chapter completed!