Chapter 411 – Part 3

Two days later..
In the JoongAng Ilbo, the case of prostitution of actresses, which was controlled by large companies, was extensively published with mosaic photos attached.
At the same time, once again, the problems of the chaebol families were reported extensively, even mentioning the affairs of Jang Kun-ho and Jang Jae-young.

With the power of the JoongAng Ilbo, public opinion began to stir as Ko Byeong-ho’s video was aired in terrestrial news, with female celebrities being mosaicked, but Ko Byeong-ho’s face exposed as it was.
Ko Byeong-ho was immediately called out to the prosecution, and Chairman Ko Bong-soo tried his hand in all directions to stop it, but perhaps because the Jangseong Group decided to move, Chairman Ko Bong-soo could not stop the incident and was embarrassed.

But at that time, a CD was sent to Chairman Ko Bong-soo, and after checking the contents of the CD, Chairman Ko Bong-soo and his secretary immediately turned over.
It was a video of Chairman Koh Bong-soo providing sexual entertainment to high-ranking officials, including politicians.

Ko Bong-soo received the request in the envelope with the CD and grabbed the back neck.
It was about stopping the sale of wet wipes and chitosan products and recalling all of the currently released products on the market, and if they tried to cover up the case of Ko Byeong-ho, they would have a second report targeting Chairman Bong-soo Ko.
Nowhere did it say that Seong-jin sent it, but it was obvious who sent it.

Chairman Ko Bong-soo had already finished the phone call with Prosecutor General Choi Jae-seong, and the Prosecutor General said that instead of removing Ko Byeong-ho, the marriage would be a non-event.
Even if it was an arranged marriage, Ko Byeong-ho’s dirty deeds were revealed to the whole world, but he couldn’t send his precious daughter there.
However, rather than that reason, the Prosecutor General was concerned that people would think that his family had some weakness in the Lucky Jinseong group if he married his daughter even though Ko Byeong-ho’s flaws were revealed.

In the end, Chairman Ko Bong-soo had no choice but to call the Prosecutor General again after receiving the CD.
Otherwise, he could have had to stand in the prosecutor’s photo line, let alone Go Byeong-ho.

No matter how close you are to the mighty power of the prosecutor general, there will always be a line of prosecutors sponsored by Ko Bong-soo and other conglomerates who are trying to bite him, and it was clear that those prosecutors would launch an extensive investigation into Chairman Ko Bong-soo.
If that happened, it was obvious that a huge blow would come to the group that is currently preparing for the mobile phone business and new mobile communication business.

And the video sent this time included a video of President Ko Bong-soo entertaining Prosecutor General Choi Jae-seong.
If even the video was exposed, the prosecutor general could have been blown away.
Then, this would become neither porridge nor rice, so Chairman Koh Bong-soo, who had no choice but to call the prosecutor general, had no choice but to ask him to handle the Go Byeong-ho case with the smallest sentence possible.

But here, I never dreamed that this video would come back to Seongjin as a headwind later.
To be honest, the person who sent this video was Jin So-ra, and Seong-jin left everything to Jin So-ra and Hong Ra-kyung, so he didn’t even know what was in the CD.

Jin So-ra deliberately chose that video to pressure the Prosecutor General to film Ko Byeong-ho completely, but if Seong-Jin knew that the Prosecutor General was in the video, she would not have sent it or she would have sent it without that part.
However, Seong-jin trusted Jin So-ra, and she worked as quickly as possible with the idea of ​​taking Ko Byeong-ho and putting pressure on Chairman Ko Bong-soo for now.

Due to this incident, Ko Byeong-ho was fortunately spared from arrest, but he had no choice but to flee to a foreign country like Jang Jae-young, and the Lucky Jinseong Group had to collect all wet wipes and chitosan products from stores nationwide.
As a result, the Lucky Jinsung group had to endure enormous losses.

Fortunately, things were handled quickly and Good World was able to finish the case without much damage, but Mirae Health Food’s chitosan products had to go the unavoidable path.
When the Lucky Jinsung Group opened fire, other companies that had been waiting for the release date after making products that they wanted at this time, mixed slightly different ingredients with chitosan and launched differentiated products as if they were different products.

It was exploiting a loophole in the patent right.
By mixing chitosan with vitamins, it was a slight discrimination against the products and ingredients released by Mirae Health Food.

Even Sungjin couldn’t stop this.
So, taking this opportunity, Sungjin also ordered Mirae Health Food to diversify chitosan products, so chitosan products with various good ingredients were poured out.

However, in a way, this worked as a good news for future health food, which was operated in a multi-level sales method.
It was because sales jumped as the number of products that members could sell increased.

Now, Mirae Health Food, which has established itself as a multi-level company that is on par with Amway from the United States, changed its product strategy with a diversification strategy through this opportunity.
Various ingredients and contents were changed for aloe products to create a multi-functional product line, and vitamin C products were added, as well as vitamin B and D products.

I should go to the end of the year and do the settlement, but it was expected that the sales of future health food this year would more than double compared to last year.

The good world had no problems.
There were a few chemicals that went into the wet tissue material, and Sungjin had already patented all kinds of chemicals mixed in proportion through the research institute.
Since each chemical has a different price, the most efficient one is used, but if another company uses another chemical, the wet wipes can be released at any time.
So, Sungjin monopolized all of them, and wet wipes, unlike chitosan products, did not have a competitor.

The last day of February.
The news that Jangsung Group is entering a new mobile communication business was announced.

The method was to establish an independent company in the form of a joint venture with the HK Group.
The Jangseong Group had a 49% stake and the HK Group had a 51% stake, and the presidents were decided to be formed by the Jangseong Group.

As Mrs. Hong Ra-gyeong became the chairman of Jeongseong Group, former presidents who supported Mrs. Hong Ra-gyeong knew that they would return to the company at any moment.
But somehow, even though Mrs. Hong Ra-kyung became the president, the presidents of Jangseong Electronics and other companies were still the same as those chosen by Chairman Jang Gun-ho.

This is Seong-jin, knowing her future, naturally insisted strongly on Ms. Hong Ra-gyeong to keep her current bosses.
Mrs. Hong Ra-gyeong, who believes that even if Seong-jin said that she now uses fermented soybeans with adzuki bean, she followed Seong-jin’s words even though she endured the opposition of her former bosses.

And this time, as she entered the new mobile communication business, she selected some of the former presidents as company executives.
Then, of course, her resistance decreased, and Ms. Hong Ra-gyeong received full support from the new and old presidents of the Jangseong Group.

Sungjin invested an astronomical amount of 100 billion in the new mobile communication business.
Since the HK Group was already listed, hundreds of billions of funds were secured, so this was no problem.

However, as Seong-jin invested 100 billion won, the Jangseong Group was in an emergency, but Mrs. Hong Ra-gyeong carefully took this opportunity to transfer the slush fund she had hidden during her former father-in-law’s chairmanship and part of the slush fund that Chairman Jang Kun-ho had hidden. Raised.
So Jangseong Group was able to invest close to 100 billion won, and if about 200 billion won was invested in a new mobile communication business, it might be able to overturn the game in the mobile communication market in the future.

Of course, Sunkyong, which was already in the mobile telecommunications business, and Dongbu Group and Pohang Iron & Steel, which were trying to enter the new business, strongly opposed it.
It was said that if the Jangsung Group, which even produces mobile phones for semiconductor companies, goes into the mobile communication business, the country’s economy will be too biased toward one company, and this has already been said since the time of the former president.

However, this time, the Jangseong Group did not advance independently, and Sungjin’s HK Group, which had even received the promise of President Kim Hyun-sam, was blocking it, so their attack was not very effective.

In this way, Jangseong Group and HK Group signed a business agreement and submitted a new mobile communication business plan to the government.
Now, once the government has reviewed the business suitability and approved it, the installation of base stations across the country will begin.

However, a stumbling block appears in front of Seong-jin, who was only drawing blueprints.

A month has passed since the announcement of a new mobile communication business plan with Jangsung Group.
In the meantime, Seong-jin started school, but because he was so busy with business, he couldn’t go to school properly.

A lot of things happened in one month.
First of all, it was the relationship with Choi Mi-yeon.
Choi Mi-yeon finally got rid of the stress of being Ko Byeong-ho, and there was no pressure from her family to marry Ko Byeong-ho, and she liked it very much.

I couldn’t see her often because Seong-jin was so busy, but she called me every day, and when we met occasionally, she would die of happiness in Seong-jin’s arms.
However, the funny thing is that Mi-Yeon Choi spent the night with her a couple of times while taking care of her place gin.

At the same time, she was Choi Mi-yeon, who was becoming more and more lewd.
She wondered how she had lived under the pressure of her family while hiding these talents.

The second was that Sungjin had been to the United States.
She was because of the factory opening ceremony of the world that is good for the United States.

Seong-jin was too busy, so she tried to just end with Jung Hyeon-sook, but in the end, she had no choice but to have Seong-jin attend the meaningful event of the HK Group’s advance into the United States.
Because she had a tight schedule, her mother and other women couldn’t attend, but Jeong Hyeon-sook, whom she had met in about a month, had changed so much.

Now that she was completely free from her husband, and moreover, her original beauty was coming back to life as her life became more comfortable financially.
And now that the baby has entered a stable period, he spent a fantastic night with Sungjin.
Of course, she still had to be careful, so she didn’t have a crazy night, but just accepting her seongjin made Jeong Hyeon-suk so moved that she burst into tears.

The CEO of an investment company in New York also attended the completion ceremony of the Good World plant in the U.S., And we were able to talk about investing in Silicon Valley companies once again.
The biggest news was that Sungjin was a hit, saying that Yahoo might go public soon, and that Qualcomm’s stock price was rising sharply due to the announcement of a new mobile communication business in Korea.

Qualcomm already belonged to Sungjin.
It owned more than 65% of the shares, and the average purchase price was around $1.
Seong-jin hasn’t yet appeared at the shareholders’ meeting, so everything with Qualcomm’s management is still intact, but Qualcomm’s president often calls the president of the investment company to sell her stake back.

However, Sungjin never intended to sell.
Even next year, in 1995, Qualcomm’s share price will be over $50, so would you sell it because you’re crazy?
And now, next year, Qualcomm’s CDMA will surpass the GSM technology used in Europe and become an international standard, and its royalties alone are astronomical.

The big picture of Sungjin is now starting to come into view.
She did a mobile telecommunications business in Korea, selling Jangseong Group’s cell phones to receive profits equal to her stake, and then sending royalties to Qualcomm to bring back profits equal to her stake.
In addition, the mobile communication company collects communication expenses to make money, and Sungjin just needs to receive profits equal to the stake.
From next year, Seong-jin may be able to make more money than now with just one mobile communication business.

And finally, it was related to school lunches.
Each school had just reopened, and HK Catering had already entered into operation after signing meal service contracts with over 30 schools.

Each school needed more than 15 people, even if they didn’t have nutritionists, cooks, and assistants.
Although her mother said that she prepared thoroughly, she was distraught lately as the work started so synchronously.

She was so busy that her mother stayed up all night to work comfortably.
But this was just the beginning.
Perhaps before the end of this year, there will be at least 300 schools managed by HK Catering.
Because it will go

One can say how one company manages so many schools, but this is a part that has already been contracted with the government, and Sungjin contributed an additional 50 billion won to the school meal fund after the group’s IPO earlier this year.
So, of course, the government had no choice but to push it into a monopoly.

In 2017, this kind of monopoly was absurd, but in the 1990s, this kind of nonsense was openly perpetrated.

While Aunt Seong-ae was in charge of running the kimchi factory, she was also busy with deliveries.
And as the pizza franchise hit the jackpot with its low-cost and high-end strategy, HK Food franchises were also steadily increasing.
Now, it is possible to enter a large company with only the HK Food franchise business.

The interior and products that were ahead of the times, the taste that sniped the taste of Koreans, the provision of free wet wipes, and even the service, such as educated and friendly employees, made HK Food a huge wall-like business that latecomers could not follow. Abandoned

Now, in the restaurant and fast food industry, when HK Food is developing a new item, they get scared.
If HK Food offered to open a meat restaurant franchise, meat restaurants across the country would be very nervous.
Of course, if Sung-jin said he would open a meat restaurant franchise, it was natural that he would introduce a special method that would be popular in the future, starting with meat supply, but Sung-jin had no intention of going this far, and had no intention of adding a new franchise until now.

Rather, Seong-jin was thinking of creating synergy with the existing franchise.
Seong-jin thought of merging the restaurant franchise and cultural business with the idea that he had while watching Jin So-ra play after her retirement.

In the future, another move of Sungjin is attracting attention.