Chapter 502: The Acquisition of Soonyang Fire

Far East Hotel, a grand press conference was being held.

When the banquet hall was full of news media, Cui Minji went on stage.

Holding the microphone, Cui Minji smiled and said, "Thank you all for coming. Today, our Far East Group will announce a piece of good news, which is that after discussion by senior management, our Far East Insurance is about to restructure with Soonyang Fire Insurance!"

Facing the bombshell thrown by the Far East Group, the reporters below were all boiling.

Because Soonyang Fire Insurance had suffered heavy losses in the previous Busan incident, and even couldn't make payments, directly announcing bankruptcy. But who could have thought that the Far East Group would actually acquire it?

"President Cui, I would like to ask, what about the compensation for Busan regarding Soonyang Fire Insurance? Will the Far East Group pay according to the insurance?"

Just as a reporter spoke, Cui Minji immediately smiled and said, "Regarding this problem, we will renegotiate with the senior management of Soonyang Fire, but as for the compensation, I believe it will be paid in the near future..."

And just as Cui Minji finished speaking, major groups inside and outside the TV all sneered.

Because the Far East Group was really playing a game of Tai Chi. What compensation? They acquired Soonyang Fire Insurance just to grab market share. As for paying money, when the time comes, they'll just say that's Soonyang Fire Insurance's business, why are you looking for Far East Insurance?

Zhang Cheng: You caught Zhang Xinzhi, does that have anything to do with me, Zhang Cheng?

"Bastard, damn bastard! How dare they, how dare they do this!"

Smashing things in anger, Chen Dongji looked at Cui Minji on TV, already furious at this moment.

Because it was precisely the Far East Group's sudden move without martial virtue that caused him to have to fall into a stock war, now losing all his chips and being directly swept out the door.

Originally, he had been able to arm-wrestle with his eldest brother, Chen Yongji, by relying on the Soonyang Fire Insurance Company, but now, he had lost everything!

And the mastermind behind the scenes was actually Zhang Cheng, whom he had always looked down on!

Back when his father Chen Yangzhe helped him clear relationships and establish Far East Seoul Bank, Chen Dongji had felt something was wrong.

But who could have thought that that kid had actually walked step by step to the present, and even started to bite back at the Soonyang Group!

"Enough, he is your sister's son, not a bastard!"

Looking at Chen Dongji, Chen Yangzhe was also very angry at this moment.

However, compared to Chen Dongji's failure, what annoyed him more was that Zhang Cheng had actually started to get out of control.

Through the stocks of Soonyang Fire Insurance, he could see that the person operating behind the scenes was his own grandson.

After all, if it wasn't him, who else could easily come up with over a trillion?

"Father, but he's already crazy now, I'm his second uncle!"

Looking at Chen Yangzhe in disbelief, Chen Dongji immediately roared.

One must know, the only power he had in Soonyang came from Soonyang Fire Insurance, but now, everything was gone!

"That's because you're useless, you're trash. I had already arranged everything, but how did you do it? Not only did you cause such a big incident, but you even dragged Soonyang into the abyss!"

Picking up things on the table and smashing them at Chen Dongji's feet, Chen Yangzhe also roared.

Abandoning Soonyang Fire Insurance was a decision he had made, because he couldn't allow the incident to expand anymore.

Now was the critical period for the group's transformation; if the Soonyang Group couldn't become the leader in the future, then the Future Group, SK Group, and Lotte Group would catch up.

However, what comforted Chen Yangzhe was that Soonyang Fire Insurance hadn't fallen into the hands of outsiders. Even if Zhang Cheng's methods were ruthless, he was still his grandson!

Silently looking at his father, Chen Dongji slumped powerlessly in his chair.

"I will have him come back once. At that time, you go to work at another group; this is your last chance!"

Looking at Chen Dongji before him, Chen Yangzhe ultimately didn't say anything harsh; after all, this was his son.

Far East Group, conference room,

the general managers who were gathered together were toasting each other. Standing above, Cui Minji smiled and said, "This acquisition plan for Soonyang Fire Insurance was very successful. Thank you all for your efforts!"

"Clap clap clap!"

As the applause rang out, the people below cheered one after another.

"The Chairman told me that our national market is only this big; if you eat less, it means others eat more. If we want to get our own things, what should we do?"

Raising the microphone, Cui Minji couldn't help but smile.

"Crush them!"

Shouting loudly, the managers roared.

"Yes, crush them completely. Soonyang Fire Insurance is just the beginning; our next goal is the national market and moving toward the world!"

Showing a smile, Cui Minji then opened his arms and said, "This month, everyone will receive a half-year bonus!"

"Long live the President, long live the CEO!"

Following Cui Minji's words, the managers below were already completely boiling.

Compared to other groups, which either relied on seniority or desperately squeezed people, the Far East Group was completely different. They only looked at benefits; guys without ability would always be at the "bottom"!

However, although that was what was said, working here would never result in people being treated like "monkeys"!

Because they were the only company that launched interest-free loans for employees during the financial crisis!

Even after buying a house, facing the high loans that could crush people, the group would send "professional" people to help you negotiate interest rates!

After the meeting, Cui Minji walked to the conference room next door.

Standing before everyone, Cheng Chunxiang was pointing at the organizational chart above and saying, "Nowadays, our group has successfully passed the danger period, but this is the result of avoiding risks in advance. If we hadn't understood the market at that time, we would likely have encountered major problems now!"

Saying this, Cheng Chunxiang took out some data and started comparing.

Because under the financial crisis, most of the public started to lose their jobs, leading to an economic downturn.

"Now, cheap food is the industry our group needs to do. My proposal is ramen?"

!. Read

Looking at everyone below, Cheng Chunxiang couldn't help but speak up.

Hearing Cheng Chunxiang's words, Cui Minji tilted his head and said, "Ramen? Isn't that instant noodles?"

But just as Cui Minji finished speaking, everyone started discussing it.

Because the profit from this thing seemed a bit low.

The Far East Group's assets were in banks, real estate, and insurance, but they had never thought about the food industry!

"What do you all think?"

Looking at everyone present, Cheng Chunxiang inquired.

Looking at Cheng Chunxiang, everyone looked at Zhang Cheng one after another, because he was the backbone of the Far East Group!

"Then let's invest. After all, although our country has few people, don't forget, Far East has a market of one billion."

Explaining to everyone, Zhang Cheng couldn't help but smile.

Because compared to the peninsula market, Zhang Cheng was more willing to invest in the Far East; building factories there was the most appropriate!

"I agree! But the recipe?"

Looking at Zhang Cheng curiously, Cui Minji frowned.

"Just let Piao Changfei handle it. Samyang, Nongshim, both are fine, right?"

Turning his head to look at Piao Changfei, Zhang Cheng inquired.

"Yes, President, I guarantee I'll get the recipe tomorrow!"

Speaking seriously, Piao Changfei became serious.

"Meeting adjourned, everyone go out to eat. After all, today is a day worth celebrating!"

Clapping his hands and standing up, Zhang Cheng couldn't help but laugh.

Recipe? What kind of thing is that? He didn't have it, but did others not have it?

Samyang: Don't come over here!

Nongshim: Can I call for help?

(End of chapter)