Chapter 349 Kim Young Min's Choice
"Oh, you sneaked out again the night before yesterday, right? You came back and kept talking about this song. Are you going on a date again?" Lee Sunkyu sat next to Kim Taeyeon and whispered in her ear.
Kim Taeyeon glanced at Lin Yuna and others who were chatting animatedly , and her right hand moved downwards stealthily.
“Bang!”
Lee Sun-kyu immediately covered her abdomen with her hands, looking very hurt.
Kim Taeyeon looked at Lee Sunkyu and smiled slightly, but what she was thinking about was the cell phone ringtone she heard when she met Jung Soo-heng Oppa the day before yesterday. It was obviously recorded, and now it is used as a ringtone, which is a bit strange, as if it has some special meaning.
However, they met not long ago the day before yesterday, and it was Zheng Xiuheng who asked her out because of Zheng Xiuyan's matter. However, Kim Taeyeon was sensitive enough to remember this song.
"By the way, it seems that a shareholders' meeting is being held today. I heard that President Pyo Inbong and Mr. Lee Soo-man had a quarrel a few days ago?" Choi Soo-young suddenly said in a low voice.
Everyone's expression changed. Zheng Xiuyan, who was sitting next to her, said coldly: "Don't discuss this kind of thing. If the agent or teacher hears it, the consequences will be serious!"
Choi Sooyoung was stunned, and quickly turned her head to look at the door of the practice room. When she found nothing unusual, she turned back and said awkwardly, "That's true, let's just ignore it. By the way, that senior named Zheng Xiuheng seems to be appearing in "Infinite Challenge" tonight, and so is senior Lee Hyori, but I think I saw Xiujing in the last preview, I don't know if it's correct!"
Kim Taeyeon glanced at the silent Jessica Jung, then continued Choi Sooyoung's words with a smile, "We'll know after dinner when we watch the broadcast in the cafeteria, but I'm looking forward to the songs that Jessica Jung will create!"
"Ha, Taeyeon unnie is a fan of the radio station, we all know that!" Lin Yoona on the opposite side joked with a smile.
The atmosphere of the chat was quite good, and Kim Taeyeon was talking and laughing with everyone. Rather than waiting for others to approach her, it was better to take the first step. During this period, the positive Kim Taeyeon's relationship with everyone also made great progress.
At the same time, the conference room on the top floor of SM was already filled with a dozen formally dressed men and women, but the atmosphere here was completely opposite to that in the practice room.
"Piao Renfeng, how could you..."
The burly Pyo In Bong also stood up, looking at the angry Lee Soo Man, and sneered, "Why can't I do that? The shares I hold are not subject to any restrictions . You can't interfere even if I donate them to the government. Besides, I'm leaving, but I've added a powerful young shareholder to SM. Is there anything wrong with that? On the contrary, it's you, Lee Soo Man. Kim Kyung Wook has just told you all your dirty deeds. Compared to what I've done, the damage Lee Soo Man has done to SM over the years is even worse. The expansion of your power has gone to your head. You are no longer the Lee Soo Man who ran around looking for entrepreneurial partners in order to start a business!"
The quarrel among SM's top executives was extremely exciting, but the one who made it all happen was not Lee Soo Man, nor Pyo In Bong, nor Jung Soo Hang.
On the contrary, it was Kim Young-min, who was sitting at the end and was the vice president who had no sense of existence at the moment and was the former acting director, who relied on his eloquence to persuade Pyo In-bong to sell his shares three hours before the shareholders' meeting and persuaded him to face Lee Soo-man with a tough attitude.
Secondly, he made some very small suggestions to Lee Soo-man, including convening a shareholders' meeting and returning to the management position more quickly through this incident.
Lee Soo-man actually had many concerns, but after Kim Young-min brought Kim Kyung-wook to meet Lee Soo-man and Kim Kyung-wook made a guarantee, Lee Soo-man finally decided to forcibly remove Pyo Inbong from SM through a shareholders' meeting.
Of course, Kim Kyung-wook also had conditions, which was to give him a certain share, at least not less than 2% of the shares to purchase. It was precisely because of Kim Kyung-wook's reality that Lee Soo-man was completely trapped, but in fact Lee Soo-man had already planned to cross the river and demolish the bridge.
It can be said that Kim Young-min contributed to the current result, but from Zheng Xiuheng's perspective, this was the right choice.
Today's shareholders' meeting was a complete reversal, especially after Kim Kyung-wook revealed some of the dirty things that Lee Soo-man and himself had done in the past, which immediately alerted other shareholders.
Of course, Kim Kyung-wook has a good sense of propriety. He would not say anything that could send him to jail. Although exposing these things now cannot be said to be core interests, it is not small. Many of them are reputational and moral damages, so these things are 100% impossible to be exposed, and Lee Soo-man will not allow it.
The young man sitting next to Pyo Inbong was naturally the "noble son" Han Zhenyu. Han Zhenyu completely broke away from the family by confronting his father, but unexpectedly, his father also transferred the three clubs in his hands to Han Zhenyu's name and paid high taxes for him.
These three clubs are basically all in Seoul and can be said to be worth a lot of money, but this also means that Han Zhenyu has completely severed his relationship with his family.
To be honest, Han Zhenyu was surprised and shocked by this result, because the estimated assets of these three high-end clubs were about 12 billion. There was no doubt that this was far more than the amount Han Zhenyu wanted to get, but he also understood that his father still regarded him as a child, but not before that.
But Han Zhenyu did not regret it. After getting these , the three clubs operated very normally without any problems. Jin Chengchi easily entered the club, and the outside world was not aware of these things, so through the relationships he had made on weekdays, he easily got a large loan from the bank.
Then he used 5.5 billion to acquire 10% of SM shares held by Pyo In Bong. Of course, this money had to be repaid within three years, plus the interest, it would be close to 7 billion by then. Of course, if it could be repaid within a year, it would naturally be a lot less.
However, these are not the most important things. The most important thing is that by acquiring so many shares of SM, it has become the third largest shareholder besides Lee Soo-man and Avex. Avex does not interfere in the management of SM at all, so it can be said that it is the second largest shareholder with the right to speak.
The changes in the situation in the conference room have left many small shareholders dazed, but they are very clear that the current situation is nothing more than a struggle for power among the major shareholders.
For these small shareholders, it doesn't matter who gets promoted, as long as they can bring them enough returns. If it were three years ago, no matter how dictatorial Lee Soo-man was, it wouldn't matter to them, after all, they also received enough returns thanks to Lee Soo-man.
But even though Lee Soo Man has been in hiding for more than three years, SM is not dead. Of course, the company's popular artists now all debuted during Lee Soo Man's period, but everyone knows that there was not really only one Lee Soo Man in SM at that time. It's just that those people were in Lee Soo Man's camp, and now they have all been kicked out by Lee Soo Man.
The best attitude now is to wait and see.
“Ridiculous, ridiculous!”
