Chapter 730 - Dyeon Korea’s Production Machines are Being Built (2) – Part 1
Gun-Ho went to work in GH Building, Sinsa Town that day. When he was sitting in his office, he received a call from GH Mobile’s President Song.
“This is President Song, sir. I had a meeting with H Group yesterday.”
“That’s good. What was it about?”
“They made a new product order. They want us to manufacture several different types of engine mount brackets.”
“Oh, is that right?”
“The auto parts that we will be providing them with will be used for their A/S. They said that once our product quality is proved as they continuously use our products, they will place more product orders for their new cars as well.”
“That will increase the volume of their product orders substantially.”
“If we could provide them with the parts to be used for their new cars, our sales revenue coming from them will outrun the sales revenue that we are earning with A Electronics’ product orders. We could be MB’s (Former President— Myung-Bak Lee) DAS.”
“What is DAS’ main product?”
“They mainly manufacture auto parts that are used to make auto seats, such as rails and adjustors. They sell them to Hyundai Auto and Kia.”
“Our sales revenue for this year will be 150 billion won, right?”
“That’s our anticipation. I believe that we will reach that number safely given the speed with which our sales are on the rise with the product orders from A Group and H Group.”
“What is DAS’ yearly sales revenue?”
“They generate about 700 billion won per year. If we include the sales revenue of all of their subsidiary companies overseas, their annual sales will exceed 1,200 billion won.”
“A trillion and 200 billion won! Whoa. That’s impressive.”
“DAS has a lot of subsidiary companies scattered all over the world such as America, India, Brazil, etc. And they have several in China.”
‘Thank you so much, Mr. CEO Choi.’
When they were playing golf together at the Golden Bay Country Club, Minister Jin-Woo Lee hadn’t given any pressure to CEO Choi about helping Gun-Ho’s business or anything like that. Moreover, Minister Jin-Woo Lee was not a government official any longer, who used to have power to influence people around him with his position; however, he was now technically unemployed spending his days playing golf and fishing. At that time, Minister Jin-Woo Lee just said lightly to CEO Choi that he should help Gun-Ho’s business like he would do to his little brother. CEO Choi appeared that he took Minister Jin-Woo Lee’s words seriously, and he was actually trying to give a favor to Gun-Ho.
Gun-Ho called for Secretary Yeon-Soo Oh and asked for one more tea for himself.
“Ms. Oh, we still have the Longjing tea that I bought during my last trip to China, don’t we? Please bring me a cup of tea.”
“Yes, sir.”
Gun-Ho thought about GH Mobile’s President Song while having his tea.
‘Everyone knows that it is extremely hard to become a vendor company of H Group. They are extremely particular in selecting their product supplier companies. President Song must be startled when he found out that I know H Group’s CEO Choi personally. I believe he will become even more loyal to me.’
Gun-Ho crossed his legs and opened internet news on his smartphone.
‘What? Minister Jin-Woo Lee joined the political party— Gongmyeong?” Gun-Ho giggled.
‘Well, he is not unemployed any longer. Well, the news article is saying that he is a strong candidate for the leader of the political party. Well, yeah. He is rich, and he has connections with many powerful people, so why not?
The Gongmyeong Party will soon receive 2 billion won in donations. A Electronics will send them 1 billion won, and another 1 billion won will come from H Group.
And, I’m sure that they will receive more contributions from here and there which I don’t even know who. One thing for sure is that the party will receive all those funds because of Minister Jin-Woo Park. Of course, he will be the leader of that political party.’
When Gun-Ho was lost in thought of things like that, GH Development’s Accounting Manager Hong entered his office.
“Umm, sir, it’s almost July now. Do you want me to send a request to all of the GH companies asking them to send us the first half year’s financial report?”
“Hmm, it’s already July? Yes, sure. Tell them to send it to us. Make sure that you send them an official letter requesting the report.”
“Yes, sir.”
“What about the companies in China? Do you want me to ask them for it too?”
“You have their email addresses as well, don’t you?”
“Yes, I do have them, sir.”
“Then send the request letter to them too.”
“Are we requesting the report to the joint venture company in Antang City, Guizhou Province as well? The one where Mr. President Jae-Sik Moon is working. We haven’t requested it before.”
“Hmm. Yes, send the request to them too.”
“Understood, sir.”
After Manager Hong left the office, Gun-Ho received a call from his high school friend— Min-Ho Kang.
“President Goo? Is it a good time to talk? I can call you later if you are busy.”
“It’s okay.”
“I’ve contacted about 15 people so far. It appears that around 12 of them will come to the gathering.”
“Really?”
“I talked with the people in China too. Min-Hyeok Kim and Jae-Sik Moon won’t be able to join us since they are extremely busy with their work, but Suk-Ho Lee will come. He said he was planning to visit Korea soon anyway. So, I guess he will be there.”
“Really? That’s good. Well, thank you for doing this.”