Chapter 314 Instigation
Kim Young-min reacted very quickly this time and thought of something instantly. In fact, if we talk about the SM executives... No, Kim Kyung-wook is no longer a registered director of SM. All his shares have been sold to Pyo In-bong. He is no longer an SM executive. But it can be clearly said that since the founding of SM, the person who hates Lee Soo-man the most is probably Kim Kyung-wook.
In August 1998, during the paid capital increase of SM Company, Lee Soo-man misappropriated SM's public funds of 1.15 billion won as his own capital increase funds to invest in SM stocks, stealing tens of billions of won in stock market price differences, which was a commercial crime. In 2002, he was investigated by the Korean prosecutor's office, and then fled to the United States for more than a year. In 2004, he returned to South Korea for trial. On September 3, 2004, the Criminal 25th Division of the Seoul Central District Court found Lee Soo-man guilty and sentenced him to two years in prison. In 2007, he received a special pardon to commemorate the fourth anniversary of the inauguration of South Korean President Roh Moo-hyun.
Although it seems that Kim Kyung-wook has nothing to do with this, when this incident happened, Kim Kyung-wook was also involved, and even almost became Lee Soo-man's scapegoat. When Lee Soo-man was in the United States, although Kim Kyung-wook was no longer the president, he was the acting chairman and helped Lee Soo-man to avoid a lot of trouble. He was also investigated, and many reports even said that he was in cahoots .
Kim Kyung-wook also held on until the end when Lee Soo-man returned to China to stand trial. He and Lee Soo-man were in a relationship where they were in the same boat. Because of too many entanglements, Kim Kyung-wook naturally stepped down from the center of power.
Kim Kyung-wook knew that he might not have a future in SM, so he came up with the idea of starting over. He received a lot of assurances from Lee Soo-man at the beginning, but everything changed in the blink of an eye.
Who does Kim Kyung-wook hate the most right now? Without a doubt, Lee Soo-man is the best choice.
"Do you think Kim Kyung-wook will still listen to Lee Soo-man? Even if he is tempted, Kim Kyung-wook will not believe him, not to mention that the things Lee Soo-man took away earlier obviously did not cause much harm to Kim Kyung-wook, the outgoing president. On the contrary, the things in my hand should make him more afraid!"
Jin Yingmin felt a chill in his heart. At this moment, he was very sure that the man in front of him was not just a simple guardian. He also understood that the other party was not leaving yet and it seemed that he wanted to talk to him about something.
"What do you want to do?" Jin Yingmin asked calmly. His current position is very awkward. To be honest, he is not interested in becoming a shareholder of SM. He would rather earn a huge difference by subscribing to stocks at a low price and selling them at a high price. Jin Yingmin now has several subscription shares for three years. He can buy them at the current stock price three years later. Then sell them. As long as SM is not dragged into the abyss, he can earn three to five times his investment. This is still the most conservative estimate.
In fact, in SM, because of the existence of Lee Soo Man, the right to speak is basically impossible to be controlled by others, so these directors are also happy to earn actual benefits, and Kim Young Min is the same. But this does not mean that he has no ideas at all.
He is eager to show his ability. In addition to the idea of partial power, he needs more say and quota, and wants to gain more practical benefits for himself. To put it bluntly, he doesn't have much money now. Working hard in SM is an investment for him. If he really has money, he would probably start to consider seizing the shares held by Pyo In-bong.
This is why Jin Jingxu, Xu Daxin and others are willing to sell their small share of original shares to Pyo Inbong. After deducting 20% tax, the dividends from the shares are not as practical as the subscription quotas in recent years. Of course, the only risk of this investment method is the collapse of SM, but this is almost impossible.
"It's very simple. You need to stand on Lee Soo Man's side temporarily and push for the shareholders' meeting. Secondly, you need to convince Pyo In Bong to sell the original shares in his hands to my partner before the shareholders' meeting. Then, under my control, Kim Kyung Wook will turn against me and point all the spearheads at Lee Soo Man. After all, these two are considered partners in starting a business together. I think you should also know the tricks between the two. Although it is impossible to have a real impact on Lee Soo Man, it can prevent him from controlling SM !"
"Of course, this won't be permanent. Unless you or someone else can continue to lead SM forward and create there will always be a day when Lee Soo Man returns. You should understand that everything in the business world is fake, and the reality is very simple. As long as everyone on the board gets the benefits they expect, it doesn't matter whether SM has Lee Soo Man or not!"
Seeing Jin Yingmin's face become very interesting and his eyes were extremely tangled, Zheng Xiuheng spoke again: "My friend will not arrange for people to enter SM's management, and you can be hired as an acting director. I have no interest in SM. I just want enough benefits. If this plan succeeds, it will be much more interesting than being Lee Soo Man's dog, right?"
Kim Young-min's back was soaked with sweat at this moment. He kept studying Zheng Xiuheng's plan. Kim Young-min found that this was really a feasible plan as long as three conditions were met.
Lee Soo Man convened a shareholders' meeting; Kim Kyung Wook attended and turned against him, exposing more of Lee Soo Man's dark history; and he persuaded Pyo In Bong to sell his shares to the man in front of him, or his friend.
In fact, as of now, it is basically an established fact that Pyo In Bong is forced to withdraw his shares. Lee Soo Man will not allow an individual to hold more than 10% of the shares, and these are unrestricted original shares.
And Pyo In-bong's original behavior had indeed violated many rules. Even without legal means, he could be removed by a board vote alone.
The only thing he could do was to sell his shares in advance before that, so that Lee Soo-man would do useless work.
There are a lot of dirty things going on in this kind of company, which are generally not made public. Moreover, given SM's current situation, scandals cannot be allowed to continue to occur.
Kim Young-min can now understand why the man opposite would plan such an astonishing thing, because Lee Soo-man, who had just been pardoned, was indeed at his "weakest" at this moment.
But in fact, these three most critical issues are not problems for Kim Young-min. His biggest problem is that he doesn't think he can achieve the level of Lee Soo-man.
Looking at the extremely silent man in front of him, Zheng Xiuheng's eyes were slightly disdainful, but it disappeared in an instant. After all, this situation was not a bad thing for Zheng Xiuheng...
"Don't worry too much. Do you think that following Lee Soo Man will definitely have a good ending? Look at Kim Kyung Wook!"
Now Zheng Xiuheng is directly instigating Kim Youngmin to rebel. Zheng Xiuheng is very sure that as long as Kim Youngmin is not Lee Sooman's good friend, he is unlikely to refuse, unless he is really a coward and has no big desires.
But it is obvious that he is not, otherwise how could he be tricked by Kim Kyung-wook and Pyo In-bong.
"Give me some time to think about it!"
"Can!"
Zheng Xiuheng smiled, left his contact information, and left Kim Youngmin's office. He looked no different from Lee Sooman before.
Kim Young-min also raised his head and looked at Jung Soo-heng with a struggling expression. Jung Soo-heng looked very calm. In Kim Young-min's opinion, even if he told Lee Soo-man about this, the other party would not suffer any loss. If the other party really had the strength to buy out the stocks held by Pyo In-bong, it would be meaningless to kick Jung Soo-yeon out of the company.
"If what he said is true..."
Once the idea of "what is true" is formed, it basically represents which side the person's inner balance is leaning towards. If he does not seize this opportunity, Lee Soo Man will drive Pyo In Bong away, and his return will be much smoother.
After a brief struggle, Kim Young-min had actually made a decision in his heart.
"Brother Xiuheng, great!"
Cui Xueli excitedly held Zheng Xiuheng's arm. She had already called her father and was able to leave SM in the afternoon.
"Hey, why are you holding my brother!" Zheng Xiujing shouted jealously again, but Choi Sulli ignored her and just hugged Zheng Xiuheng with excitement.
Zheng Xiuheng held Zheng Xiujing with his right hand, so that the girl could not play with Cui Xueli. He was in a good mood at the moment. To be honest, he was quite surprised. He did not expect to meet Li Xiuman today.
But it was nice to meet him. Even though it was their first meeting, Zheng Xiuheng had a general idea of what kind of image Lee Soo Man had in SM. Even though he didn't know Lee Soo Man as a person, it didn't affect what he was going to do.
However, Zheng Xiuheng would not think that Lee Soo Man really did not care about him as he had shown before.
As a spiritual leader and a person with a strong desire for control, how could he not care if anyone showed up in SM with the company's secret videos?
Therefore, Zheng Xiuheng believed that Lee Soo-man would investigate him, or find out about his situation through Zheng Xiuyan.
Zheng Xiuheng smiled before, but it was only because after Kim Youngmin said the word "consider", he could basically guess what Kim Youngmin was thinking, but he didn't think that this matter would be successful, so his smile was the same as the smile Lee Sooman had when he left before... fake.
But it didn't matter. Zheng Xiuheng didn't care at all. After all, he had a lot of people under him who could help with the surveillance, and it was basically impossible for ordinary people to track and investigate him.
For Zheng Xiuheng, the only trouble is whether Lee Soo-man will fall into the trap. If he wants to solve the matter privately, even if Han Zhenyu finally buys out the shares held by Pyo In-bong, it will not mean much.
Of course, no matter what, if they can really acquire SM's shares, it will be an extremely successful investment no matter how you look at it. However, Zheng Xiuheng also knows that the chances are slim. Whether it will succeed depends on whether Kim Young Min can really convince Pyo In Bong.
Zheng Xiuheng actually didn't take this matter seriously. If it were yesterday, he would have no future plans at all. It was only because of Han Zhenyu's call that Zheng Xiuheng changed his mind temporarily.
Anyway, it's all other people's business. Now Crystal Princess has terminated her contract with SM, and the same happened to Choi Sulli in the afternoon. Zheng Xiuheng was in a very happy mood.
"Okay, it's finally the weekend, today..."
"Let's go to the amusement park?" Krystal asked excitedly.
Zheng Xiuheng turned around and replied with a smile: "Of course... not!"
"Brother Xiuheng, what are we going to do then?" Choi Sulli asked curiously, looking very curious.
Zheng Xiuheng reached out his hand, grabbed the two little girls with his backhand, and said with a smile: "Of course... exercise!"
"No, brother!"
"Brother Xiuheng, that..."
"Rejection is invalid!"