Rebirth I Am a Chaebol In Korea

Vol 3 Chapter 27: Boycott

"President Lee, I know about this. You signed a Sulwhasoo endorsement contract with Amorepacific Group before, but I don’t know how many years have you signed together?"

"Two years."

"What is the penalty for rescinding the contract?"

Zhou Wenhai suddenly asked about the liquidated damages, Pei Zhuxuan and Li Xiuman glanced at each other.

"If we breach the contract, the compensation amount is five times the endorsement fee, and if the Amorepacific Group breaches the contract, the compensation amount is three times the endorsement fee."

Li Xiuman said while looking through the contract.

"President Lee, how much is Irenexi's endorsement fee?"

"100 million won a year."

Zhou Wenhai didn't expect Pei Zhuxuan's endorsement fee to be so low. He nodded thoughtfully, and then said to himself: "Oh, if we breach the contract, we will pay 600 million yuan, which is not a lot."

"Yes."

Li Xiuman was shocked, and it seemed that Zhou Wenhai, who was wealthy, might actually terminate the contract with them.

Although the termination of the contract can get them a liquidated damage three times higher than the endorsement fee, Irene's contract termination by a big brand like Sulwhasoo would be a taint for the merchants who come to her as an endorsement in the future.

"Xiujun."

Zhou Wenhai opened the door and shouted to Jin Xiujun who was standing outside the door.

"Yes, President."

Kim Soo-joon ran over for a while.

"How much is Xiuzhixi's endorsement fee?"

Zhou Wenhai deliberately raised the volume and asked.

"The last time we talked with JYP was 1 billion won a year."

Kim Soo-joon was talking about the cost of Bae Soo-chi’s endorsement of the Five-Star Life Club, but in the end the two sides did not agree.

"I see."

After speaking, Zhou Wen Customs came to the door.

Pei Zhuxuan's heart is not feeling good. Compared with Pei Xiuzhi, the endorsement fee is only one-tenth of that of the other party.

"President Lee, let’s do this. The most important thing about our business is the spirit of contract. Since the transfer contract we signed with Amorepacific Group includes the transfer of Sulwhasoo endorsements, the contract will be handled as before. We will not Cancel the contract."

"Yes, thank you, Chairman Zhou."

The stone in Li Xiuman's heart finally fell on the ground.

"President Lee..."

The phone rang, and Zhou Wenhai waved his hand to signal that he wanted to answer the phone.

"Hey, President Bae, what's the matter?"

The call was from Pei Jiaen.

"President, most of the duty-free shops now claim to increase Sulwhasoo's operating expenses by 20%, otherwise they will have to remove our Sulwhasoo."

"Who is there?"

"The Lotte Duty Free Shop, Shinsegae Duty Free Shop, Hyundai Duty Free Shop and other duty-free shops have all told us this."

Suddenly, the three duty-free shops headed by them all unite against themselves? Zhou Wenhai guessed that the unwilling Xu Qingpei was behind them inciting them.

"I see, President Pei, you should deal with them first, I will think of a way."

The operating permit of his duty-free shop has not yet been processed, and the current situation has forced Zhou Wenhai to find a new partner.

"President Lee will do it, I have something else."

Zhou Wenhai got up and wanted to leave. Li Xiuman sent them to the elevator. Zhou Wenhai asked him to stay. After the two were polite, Li Xiuman couldn't hold back Zhou Wenhai. In the end, he did not personally send the other person downstairs.

When talking with Zhou Wenhai, Li Xiuman was secretly paying attention to the other person's eyes. During the whole conversation, Zhou Wenhai looked at Pei Zhuxuan's eyes without any abnormalities.

It seems that President Zhou does not have any doubts about Irene.

Li Xiuman looked back at Pei Zhuxuan who was standing behind him, he thought to himself.

Seocho-gu, Seoul

I don't know if Li Yuanzhu will go back to Lin Shiling's house today. In any case, Zhou Wenhai decided to go back and have a look. When he came out from SM Entertainment Club, it was more than three in the afternoon, and it was only a quarter past four when he arrived at the villa.

"Has Representative Lin come back?"

Zhou Wenhai asked the servant who was trimming the flowers and plants in the yard across the fence.

"Not yet."

The servant put down the scissors in his hand and answered.

"What about Yuanzhu?"

The servant still shook his head to indicate that Li Yuanzhu did not go home either.

"You take turns to guard outside. If Representative Lin comes back, you will come up and call me."

Returning to the villa, Zhou Wenhai walked upstairs to sleep.

"Yes."

Suddenly, Kim Soo-joon, Yoo Jong-soo, and Han Dong-soo all went out and sat in the yard, smoking and chatting.

"Soojun, I heard that your uncle's annual salary is higher than that of President Bae?"

Among the three, Han Dongzhu and Kim Soo-joon are the same age, he asked casually.

"It seems so."

Kim Soo-joon answered with a smile.

"how many?"

Han Dongzhu's eyes were full of curiosity, and he asked with interest.

Kim Soo-joon grinned, but he didn't answer.

"1000000000?"

Han Dongzhu asked tentatively, and Kim Soo-joon shook his head.

"Yeah, how much is it, you kid, don't sell it off."

Han Dongzhu said impatiently.

"3 billion."

In the end, Kim Soo-joon told Han Dong-su and Yoo Jong-soo the annual salary of his uncle Kim Dae-won.

"Dafa."

Han Dongzhu couldn't help sighing, even Liu Zongxiu, who was always expressionless, showed a surprised expression.

"But my uncle doesn't own shares in the club like President Bae and President Yoon do."

Jin Xiujun added.

The three of them talked about the current market value of the Five Star Group. Kim Soo-joon told them that, including the Huaguo branch, the market value of the Five Star Group is at least 3 trillion won.

"Brother Zong Xiu, have you contacted Brother Shang Min recently?"

Jin Xiujun remembered that Zhou Wuyi had arrived in Busan two days ago, and he was concerned about the progress of the case.

"I contacted Shang Min, do you want to ask about the case?"

Liu Zongxiu heard what he meant.

"Yes."

"Shang Min said that the kid would not admit it, but Chief Prosecutor Zhou sent several well-known psychoanalysts from various places to Busan, and then it's up to them to break through the kid's inner line of defense."

Liu Zongxiu told Kim Soo-joon the news he had received from Choi Sangmin.

"Does the president know?"

Han Dongzhu asked.

"I told the chairman of the situation as soon as possible~www.readwn.com~ Regarding the progress of the case, Zhou Wenhai kept asking Che Daoying and Zhou Wuyi inconvenience. He asked Liu Zongxiu to contact Cui Shangmin. Time let him know.

At the same time, Zhou Wenhai, who had just taken a bath and lay in bed, thought about it, and decided to call Xu Junji.

"Hey, Jun Ki, how was the effect of the tonic I gave you last time?"

"The effect is not bad. After I ate a few bags..." At this point, Xu Junji said with a smile, "I played with two models last night and came to them three times."

"are there any side effects?"

Just a few sachets can make Xu Junji so vigorous as he is entering the age of confidence. Zhou Wenhai is worried that the side effects of the medicine given by the system will be too great.

"So far, there are no side effects, and I don’t seem to lose my hair so badly."

"Brother Junji, then you can eat for a few more days and try the effect."

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