Rebirth I Am a Chaebol In Korea

Chapter 329 Congratulations to Hong Zhenghuan

"Yes, I'm sure."

Xu Shengxian said firmly.

"President Xu, may I ask you, how did you see it?"

Hong Zhenghuan is not sure whether Zhou Wenhai is 100% willing to acquire Elephant Logistics.

"Because Zhou Wenhai now holds 20% of the shares of Elephant Logistics, of course he will try his best to win Elephant Logistics this time, and his products are inseparable from logistics and transportation. Instead of letting others transport his goods, it is better for him It’s more secure to direct yourself.”

Seo Seung-hyun's analysis was so clear that Seo Kyung-pei nodded repeatedly, while Hong Jeong-hwan on the side showed a sinister smile.

At the end of the party, Hong Zhenghuan took the initiative to come to Xu Qingpei's car. "Uncle" he and Xu Minjing have already obtained the approval of both parents.

"Junghwan, what's the matter?"

Xu Qingpei waved to him and opened the car door for him to sit in and talk.

"Uncle, let's make trouble for Zhou Wenhai this time."

Xu Qingpei could see that Hong Zhenghuan was hiding a knife in his smile. He frowned and said, "Zhenghuan, you mean that we go to the bidding site to raise the transaction price of Elephant Logistics, so that Zhou Wenhai can spend more money to buy it?"

"Yes, just like what Samsung did to CJ back then, uncle, what do you think?"

"It's possible, but we'd better control the price limit, otherwise it will only fall into our own hands."

Seo Kyung Bae spoke out what he was worried about, and Hong Jung Hwan nodded in agreement.

Gangnam-gu, Seoul

On October 5th, the auction of Elephant Logistics was held at the K Auction House in Jiangnan District. There were six clubs participating in the auction, including Five Star Group, Amore Pacific Group, Baoguang Venture Capital Group, BGF Retail Group, CJ Group and Kumho Asiana Group.

Except for Five Star Group, Amorepacific Group, Baoguang Venture Capital Group and BGF Retail Group, the rest of the CJ Group and Kumho Asiana Group are all entrusted by Daxiang Group to deliberately raise the bidding price.

Lin Shiling's mother is the daughter of Park Rentian, the founder of Kumho Asiana Group.

The auction started, and the representative of Five Star Group participated in the auction was President Han of Five Star Department Store. Hong Zhenghuan came to the scene to participate in the command. He looked around, but Zhou Wenhai was not found.

The starting price of the auction is 18 billion won, and the representatives of the participating clubs will increase the price by 1 billion won each time they raise their cards.

President Han was the first to raise his placard.

"No. 1 Five Star Group bid 18 billion won. Is there anyone higher than them?"

The auctioneer held a gavel in his hand, and he looked at the people below and asked.

The representatives of Kumho Asiana Group raised their cards once, followed by the people from CJ Group raised their cards once.

The Five Star Group raised its placards again, followed by the Kumho Asiana Group and the CJ Group.

"Okay, No. 1 Five-Star Group raises its placard for the third time, and the current price is 24 billion won. Is there anyone higher than them?"

"25 billion, 26 billion, 27 billion."

CJ Group and Kumho Asiana Group kept raising the price too high, Hong Zhenghuan watched their performance with a relaxed expression.

"30000000000."

President Han raised his sign and said directly.

"Okay, the current price is 30 billion won from No. 1 Five Star Group, is there any higher price than them?"

Both CJ Group and Kumho Asiana Group were dumbfounded. President Han looked around with a smug expression on his face.

Hong Zhenghuan whispered something to his people, and then the person who participated in the auction on behalf of Amorepacific Group raised a placard and said, "32 billion."

"Okay, No. 4 Amorepacific Group invested 32 billion, is there any higher than them? Is there?"

The auctioneer's emotions were lifted, he said excitedly.

President Han glanced at the person holding the placard, and said with a heartbeat, "33 billion."

"34 billion."

A representative of BGF Retail Group said.

"35 billion."

Before the auctioneer could speak, President Han raised his sign and said.

"36 billion."

This time it is the turn of Hong Zhenghuan of Baoguang Venture Capital Group to say.

"36 billion, is there a higher price than No. 6 Baoguang Venture Capital Group?"

The auctioneer deliberately looked at President Han and said that he stimulated the other party with a smile.

President Han gave Hong Zhenghuan a look of resentment, and he held up a sign and said, "38 billion."

Can get 38 billion won, Hong Zhenghuan guessed in his heart that this person who participated in the auction on behalf of the five-star group should be 40 billion won, so he raised his sign and said: "39 billion won."

"40 billion."

President Han hesitated for a few seconds, then held up a sign and said.

Sure enough, Hong Zhenghuan smiled triumphantly and held up a placard and said, "41 billion."

"Minister, what if the other party doesn't follow this price?"

The assistant sitting next to Hong Zhenghuan said to him.

"Don't be afraid, I think he will definitely call Zhou Wenhai."

Hong Zhenghuan shook his head, he saw that the other party really took out his mobile phone as he said.

"41 billion, is there any price higher than this?"

The auctioneer looked around, and he asked the representatives of the companies participating in the auction below.

"42 billion."

At this time, a person came in from the door and said.

Hong Zhenghuan looked back, Zhou Wenhai really came, he must be hiding somewhere to wait and see.

This time it was Zhou Wenhai who looked at Hong Zhenghuan proudly, as if he was saying, don't come to participate in the auction if you don't have money.

"43 billion."

Hong Zhenghuan raised his sign and said.

Zhou Wenhai frowned, seeing the other party's sad face, Hong Zhenghuan laughed triumphantly.

"Congratulations, Zhenghuanxi."

Which Zhou Wenhai applauded for him and said that if the price has been raised to this point, Hong Zhenghuan may not follow it, so he accepts it when he sees it.

"What? You stopped following?"

Hong Zhenghuan looked at him blankly and said.

"The price is so high, how can I follow? You won this time, Jung Hwan."

Zhou Wenhai almost burst out laughing.

After a while, the auctioneer made his final decision, and he announced: "Congratulations to the No. 6 Baoguang Venture Capital Group for acquiring 80% of the shares of Elephant Logistics at a price of 43 billion won."

"Jung Hwan xi, thank you. I didn't expect that the shares of Daesang Logistics Co., Ltd., which I bought at a price of 1 billion won, could be sold for 8.6 billion won. Hey, thank you very much."

Zhou Wenhai kept applauding Hong Zhenghuan like a sea dog, and the other party was so angry that he closed his eyes and took a deep breath to adjust his mentality.

"let's go."

Hong Zhenghuan said to his people angrily.

Yongsan District, Seoul

When Hong Zhenghuan's father Hong Shuojun learned that Hong Zhenghuan had bought Elephant Logistics at a price more than twice the market price, he was so angry that he scolded his mother.

"Ah, who asked you to raise the price on your own initiative? Fortunately, we can buy the broken club of Elephant Logistics for 43 billion yuan."

Hong Shuojun almost hit his son with his hands.

"Abba, that's not the case. As long as we operate well, we can still do a good job in elephant logistics."

Until now, Hong Zhenghuan had no choice but to comfort his father in this way.

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