I’m The Only One With Genius DNA 37
I’m The Only One With Genius DNA chapter 37
Independent Area (4)
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Eisen management was preparing for a management succession. CEO Yoon Dae-sung has long considered the management rights and how to hand over the huge fortune to his son Yoon Bo-hyun.
In general, the following three procedures shall be followed for the succession of management rights by the family of the heads of large corporations:
First, establish a subsidiary. At this time, the prince, who will succeed to management rights, will have a significant stake in the subsidiary.
Second, the company grows at an abnormal rate by driving high-yield and profitable work to subsidiaries.
Third, by merging a larger subsidiary, the prince holds a large stake in the parent company. Then management rights and property have been safely transferred.
It is Ji Kwang-man, the head of the management headquarters, who is preparing for this huge succession project.
He has known Yoon Dae-sung since a long time ago and is loyal to Yoon Dae-sung. He truly admired and liked Yoon Dae-sung.
Then what do you think about Ryu Young-joon?
“The most stubborn horse in the world who runs wild.”
It was a cold-hearted assessment of Ji Kwang-man.
“Leave it to me,” Ji Kwang-man said to Yoon Bo-hyun, who said that Ryu Young-joon’s momentum should be defeated at this point.
It’s a tough opponent to break.
And if left alone, they become enemies of constant conflict.
Then isn’t it best to turn them into allies now?
Ji Kwang-man strongly insisted on Ryu’s appointment as a non-registered director at the board meeting. He also pushed for a stake.
The board did as he pleased. The issues determined there will be confirmed at the general meeting of shareholders.
Now, the next problem is to make Ryu our ally.
It was about two weeks before Ryu Young-joon recommended Veratex, a high blood pressure drug, to Hong Joo-hee.
Jigwangman was pulling into the parking lot of the Sixth Laboratory.
It’s 8 o’clock news. It’s three o’clock this afternoon. The optic nerve therapy derived from reverse differentiated stem cells developed in Eisen has entered the first clinical trial. Son, the test taker, is a patient who lost his sight due to glaucoma.
SBS news came out of the car radio.
Clack.
Ji Kwang-man turned off the radio and got on the elevator.
***
At the same time.
Ryu Young-joon, who was outplayed for an 8 o’clock news interview in front of Jung Hye-rim, was packing her bag with a shameful face.
Jung Hye-rim said next to me.
“Oh, and Youngjun. Don’t keep glancing at the camera during the next interview. When doctors or scientists wear gowns, they maintain a 45 degree angle in the direction of the camera. That’s classical music.”
“······. I’ve been curious since a long time ago, but why do you always do that when you interview an expert on news and entertainment programs?”
“You have to make sure that you’re not aware of the camera in order to add credibility to the interview. It feels like the expert is talking more objectively. Broadcasting is all about details.”
“No, I don’t understand why you’re doing this anyway when you’re interviewing people beyond the camera to explain it to them.”
“Did you happen to argue with the reporters about that?”
“I didn’t argue, but the reporters said something because I kept looking at the camera. But I kept looking at it, and later he gave up.”
“Wow! You never let me down. You don’t allow anything unreasonable and irrational to be spotty.”
Ryu Young-joon’s ears turned red.
“I don’t think it’s unreasonable or unreasonable. I didn’t watch it on purpose. I’m not that much of a fighter. I just kept glancing at him because I was bothered me.”
Ryu Young-joon smiled awkwardly.
“But what’s this?”
Jung Hye-rim pointed to a book standing on one side of Ryu Young-joon’s desk.
“I lived as a scientist, not a businessman. Yoon Daesung? This is our CEO’s book, right?”
“That’s right.”
“He’s going to be an executive, so he’s watching this, too.
“It’s not like that. I’m looking for reference in determining the next target of the retro-differentiated stem cells.”
Wrong!
The bell rang at the entrance of the office.
“Who is it?”
Jung Hye-rim turned her head with a puzzled look.
Usually, people ringing the office bell are salespeople who come to deliver experimental consumables.
But it’s 7 p.m. right now. The time for the salesperson to come is past.
“I’ll go out.”
Jeong Hye-rim went out of the office and soon returned with Ji-kwang-man with a rotten look.
“Director?”
Ryu Young-joon got up from his seat.
“You haven’t left work yet. That’s a relief. If you’re not here, I was going to go see General Manager Gil Hyungjun.”
Ji Kwang-man approached with a contrived smile and found the CEO’s book at Ryu’s desk.
“No, Dr. Ryu reads our CEO’s book, too?”
“Yes, I’m just wondering what kind of person he is. I think there will be more things to do when I become an executive.”
“Haha. Good thinking.”
Hyerim Jung was going outside with her bag.
As she waved to Ryu Young-joon, she said, “Fighting!” and puffed her mouth.
“But what brings you here?”
asked Ryu Young-joon.
“It’s not a big deal. I just wanted to talk to Dr. Ryu. Would you like a drink?”
***
Ji Kwang-man is a businessman.
And before becoming head of the headquarters, when Eisen was still a small and medium-sized company, Ji Kwang-man mainly served as a lobbyist.
It was Ji Kwang-man who won investment from SG Group. Due to the nature of pharmaceutical companies, Ji Gwang-man has lifted all kinds of stuffy regulations imposed by the government.
His lobby was simple but powerful.
It is woven into school, Jiyeon, and blood. After attaching a beautiful woman to the side, she borrows her hand and pours expensive alcohol into her stomach. Together, we find the most raw human form.
He also uses cards such as money and valuables, secret information, and meeting certain characters according to the other person’s personality. Adding proper logic and profit and loss calculations to this is a success.
However, Ji Kwang-man did not lead Ryu in that way.
“Here you go. It’s quiet and atmospheric, and it’s just the kind of bar that’s perfect for a candid conversation.
He guided me to a fancy sky lounge bar.
“I thought you were going to a room salon or something.”
Ryu Young-joon sat on the chair and said,
“Ha ha. There are a lot of people like that. But I don’t like drinking with girls. What kind of alcohol do you like?”
“Well, I don’t drink much.”
“How about wine? Here’s the set menu.”
It is unlikely that Ryu Young-joon will recognize even if he orders expensive spirits, but it can only backfire.
“Okay.”
Ji Kwang-man called a bartender and ordered a bottle of wine and a canapé.
After sharing a few drinks, only Ji-kwang brought up the point.
“Dr. Ryu, what do you think about creating a subsidiary of Eisen?”
“A subsidiary?”
“Wouldn’t you be much more free to research if you became the president and led the company? I’ll give you enough shares.”
Ryu Young-joon drank a little wine without answering.
Only Ji Kwang-man smiled inwardly.
‘That’s enough.’
Stabbed the vote. What Ryu Young-joon wants is neither money nor honor. If I needed such a thing, I would have quit a long time ago and set up a venture.
Ryu Young-joon’s goal is “research.”
While fighting over the company’s stake, he climbed to management and showed his businessman-like side, but he should not be mistaken.
The reason why he tried to interfere in management is because of the conflict he had with Kim Hyun-taek.
Ryu Young-joon was just trying to complete the power that management could not touch in order to protect the research ethics supported like religion.
Then on the contrary, securing the autonomy of the study can coax you into allies.
It’s a very genius idea.
It’s a very genius idea.
It establishes a subsidiary for the succession of management rights, and Yoon Bo-hyun has the largest stake in the subsidiary to the extent legally permitted.
And with a little less stake, Ryu Young-joon is given the CEO position there.
The remaining stake is over when Eisen’s headquarters takes over.
You don’t have to do things like giving all the work at the headquarters. Genius scientist Ryu Young-joon will make the company big on his own.
And it will result in increasing Yoon Bo-hyun’s power.
All Yoon Bo-hyun has to do is get close to Ryu Young-joon.
We are similar in age, so it will be easy if we do a hobby together.
Then, they merge with Eisen’s headquarters to make Ryu Young-joon the right arm of Yoon Bo-hyun.
The perfect picture.
It is no different from having Nicholas next to Yoon Dae-sung.
Only Ji Kwang-man smiled and looked at Ryu Young-joon.
You can’t say no, can you? It’s such a sweet and perfect offer.’
Tok
Ryu Young-joon put down his glass.
He glanced at Ji Kwang-man and said.
“Not a subsidiary, but I’m thinking of setting up an affiliate of Eisen.”
“Ugh!”
Ji Kwang-man almost dropped his glass. I was so surprised that I screamed out loud.
“What ······. What are you making?”
Ji Kwang-man’s voice trembled.
“Aizen’s affiliate.”
“······.”
Subsidiaries and affiliates are different. The former is a company whose parent company, Eisen, holds more than 50 percent of shares and has complete control.
However, affiliates are basically independent companies.
Although sharing shares with companies belonging to the same group is an important criterion, it should be seen as a separate company.
“And the affiliate wants me to own a 100 percent stake and start.”
Ryu Young-joon said.
It’s getting worse and worse and worse.
“Dr. Ryu, did you already drink before you met me today?”
“No, I’m being serious. I need you to help me get through this.”
“······. Why do you want to create an affiliate?”
“You just told me. Wouldn’t I be much more free to lead the company as president? It’s most obvious that I have a monopoly on the company’s stake in order to keep it safe. Well, we could split the stakes later on for tax cuts, but we’ll do that for now.”
Ryu Young-joon said.
“No, if you’re going to be that conservative, isn’t it better to start a business?”
“You need to be in a group with Azen to use the massive infrastructure here.”
“······.”
“The reason I wanted to become a director of Eisen is because of the creation of this affiliate.”
Ryu Young-joon said.
“In order for the concept of affiliates to be established, the same person must have more than 30 percent of the shares in the two companies, combined with the related parties. My lawyer friend told me.”
“That’s ·····. That’s true, but ····.”
“I’ve been your special relationship since the moment I became an executive of Eisen. It meets the requirements of establishing an affiliate.”
“That’s ridiculous. Even if it’s legal, do you think the company will invest a lot of money to create an affiliate and give it to Dr. Ryu? Do you think that’s common sense?”
“It’s a small company compared to Aizen. I’m going to make it about 20 billion won. And Eisen doesn’t have to invest. I’ll pay the full 100 percent.”
“What?”
Did you say 20 billion won? Is this guy really crazy?
No, wait.
Whenever I felt that Ryu Young-joon was out of his mind, I was always beaten to the point where the back of his head was smashed.
It’s real if this guy is bluffing and talking nonsense. It is highly likely that this is also true.
No, but 20 billion?
It’s not even the name of a local dog, but he’s still in the lead researcher position. Where does 20 billion come from?
It’s not even the name of a local dog, but he’s still in the lead researcher position. Where does 20 billion come from?
“······. Dr. Ryu hasn’t received a stake in Eisen yet. You’re not selling it, are you? And you can’t sell that stake recklessly. You’ll be an executive when you get the stake, and you’ll have to make an announcement if you sell it for a week.”
Only Ji Kwang-man warned.
“I know, and I don’t intend to sell my stake in Eisen. Why do you sell it when I’m handing over my blood-like stake in reverse-differentiated stem cells?”
“······. So how the hell is Dr. Liu doing 20 billion on his own?”
“Ha ha. I won the Super Bowl.”
“Don’t joke around.”
“It’s a secret. I’ll let you know later.”
***
As soon as Ji Kwang-man finished drinking, he called all the connections he knew.
This is to investigate the details of Ryu Young-joon’s account deposits and withdrawals.
Of course, it is not easy to find information on financial transactions of individuals under strong security.
However, Ji Kwang-man is also at the core of government agencies such as the National Tax Service.
It triggered the right to request financial transaction information to track Ryu’s account.
Ryu Young-joon had the peace of mind to agree and open it.
Time went on and now the news was talking about the success of Son Soo-young’s clinical trial.
When Eisen as a whole became festive, Ji Kwang-man couldn’t even sleep well.
I really feel like I’m going crazy.
News of conquering glaucoma came out every morning and evening.
“I wish you’d stop broadcasting. His glaucoma!”
Ji Kwang-man turned off the radio nervously on his way to work in the morning. It was two days before the general meeting of shareholders, where Ryu Young-joon’s appointment as a director was confirmed.
Ryu Young-joon’s reputation inside Eisen was soaring into space after tearing it apart.
In this atmosphere, if he really shows up somewhere with 20 billion won and says he will create an affiliate, we don’t know how the situation will really turn out.
Trrrrrrrrrrrrrrrrrrr.
A phone call from the National Tax Service rang.
“Hello.”
Director Ryu Young-joon is poor. You have tens of millions of won in debt. In the third financial sector. There’s a student loan.
“You don’t have any property?”
Only Ji-kwang asked on the phone.
No, no house, no car. I live in semi-basement rent. He’s poorer than I am. I didn’t get any funding.
“Of course, he can’t steal funds personally. He’s going to be a company executive. Ha······ I’m going crazy.”
There are two days left. Two days.
20 billion in two days? Is there anything in the world that costs 10 billion won per day? What the hell is he doing?
I’m The Only One With Genius DNA chapter 37
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