Chapter 672 - External Audit Report (2) – Part 1
Artist Choi objected to having a helper at home at first, but she agreed to it with one condition.
“If you are determined to have a helper at home, then have one after you spend your full 21 days from the day when you delivered the baby. You want to wait until the baby’s immune system becomes more developed. That’s why grandpas and grandmas usually visit their newborn grandchild for the first time after 21 days.”
Since her 21st day would soon come, Young-Eun decided to follow her aunt’s advice. Young-Eun’s aunt told them that she would have to make a trip to her home in Yangpyeong District, and she would spend only one day there to take care of things.
It was March.
GH Mobile began to supply auto parts to H Group. It was not an exclusive supplier, but three supplier companies would provide auto parts to H Group. However, the volume of the product order was significant since GH Mobile was now H Group’s first vendor company. The product unit cost was 3,000 won, and GH Mobile was supplying 50,000 pieces of that product to H Group. It would bring an additional monthly revenue of 150 million won. And, since H Group ordered three different products with the same unit price and the same number, GH Mobile was making 450 million won per month for the products that they were supplying for H Group alone.
President Song was making a report to Gun-Ho about this new product order from H Group.
“Even though a monthly sales revenue of 450 million won takes up only 4.5% of our entire monthly sales revenue, we have to keep in mind that this is just a start. They will keep increasing the volume of their product orders from us.”
“Hmm, really?”
“Our production department used to have a meeting once a week, and now Director Jong-Suk Park is holding the same meeting every day.”
“How many managers are there at the production department including Team 1 and Team 2?”
“There are 2 senior managers with another 2 mid-level managers. And they have five low-level managers.”
“So, we have ten managers in the production department including Director Jong-Suk Park, right?”
“Yes, sir. Those ten managers get together every morning to have their daily meetings. If we include the whole management personnel including the team leads and supervisors, there are thirty of them, and they are currently managing more than 400 production workers.”
“We have a little bit over 500 workers in GH Mobile. So, 400 of them are production workers, and only 100 of them are those in the research center and other departments, huh?”
“That’s correct, sir.”
“I see the production workers make up the greatest portion in our company.”
“Understood, sir. I will think about an innovative way to reduce our product cost.”
“Well, if you don’t have anything further to talk with me, I will leave for Dyeon Korea now.”
After Gun-Ho left the office heading to Dyeon Korea, President Song sit there, and he was thinking,
‘A company can’t grow this fast. There has to be something that could explain all this. Even though President Goo denies, there has to be something with A Electronics. A Electronics is a major subsidiary company of A Group, and A Group’s chairman is the father-in-law of Minister Jin-Woo Lee who presided over President Goo’s wedding. The person— Mr. Beom-Sik Lee— who now has 15% of ownership of this company must be related to Minister Jin-Woo Lee.
Is Mr. Beom-Sik Lee a relative of Minister Jin-Woo Lee? Probably not, because a relative is not a close person when it comes to money. There could be always a dispute over money between relatives. I bet he is Minister Lee’s father. Even if something happens to his father, he is the legal heir. Well, I understand that President Goo can’t reveal anything about his relationship with A Electronics.
Maybe I should stop asking President Goo about the possible relationship with A Group. Asking about something that he can’t disclose can upset him. I don’t want to upset him. I’d better keep my mouth closed.’
President Song stood up from his seat and went back to his office. He then asked the management people, who were holding a position above the supervisor, to come to the meeting room after lunch. They would have a meeting among the management people.