Chapter 606 - Investing in Huaxi Huayuan (1) – Part 1
It was almost mid-September.
Gun-Ho was getting back to his routine after coming back from his recent trip to China to meet Seukang Li. Huanle Shiji Production Company hadn’t sent their financial statements to Gun-Ho yet. Gun-Ho was still waiting for it, but there was no reason that he would lose his patience on it. Gun-Ho’s focus stayed on his two major companies—GH Mobile and Dyeon Korea. But, it was different for Director Woon-Hak Sim. He was running out of patience.
“Umm, is it Mr. President Goo?”
“Yes, it is.”
“Sir, this is Director Woon-Hak Sim. I was wondering if you have heard from Huanle Shiji Production Company in China.”
“No, I haven’t heard anything from them yet.”
“Given their current situation, I thought that they wanted to find their investor as soon as possible. It’s weird that they haven’t contacted you yet. You are their chance to revive their business.”
“Let’s see how things turn out. It doesn’t really matter to me whether I would get into the drama production industry or not.”
“Yes, sir. I will just wait and see what they have to say.”
For Director Woon-Hak Sim, who was suffering from his creditors’ harassment, Gun-Ho’s involvement with that production company in China was critical since it was seemingly the only hope for him.
Gun-Ho received a call from Jae-Sik Moon in Antang City, China.
“We picked up three express buses, and the bus drivers already finished their trial, driving the bus routes. We will have our business opening ceremony this Friday.
“Really? That’s nice.”
“In the meantime, we advertised the upcoming new bus service in the local newspaper twice, and we also placed advertising banners here and there. On the side of our buses, we wrote our joint venture’s name—’Antang GH Transportation.’ I’ve been asked a lot what GH stands for.”
“Haha, really?”
“The Chinese partners set a new waiting area that would be used by our bus passengers only at the corner of the current waiting room at the terminal. It’s neat and luxurious. They even placed a big screen TV there too.”
“You are doing great work.”
“Well, I actually prefer to work here rather than GH Logistics. At least I don’t have to do sales work.”
“Haha, that’s right.”
“Oh, you know what? We made a contract for the condo in Huaxi Huayuan.”
“Really? How much was it?”
“The condo complex doesn’t have 100 ㎡large condo available, so we had to take 120 ㎡ (about 36 pyung large) one. The rooms in the condo are relatively spacious. I thought it would cost at least 10,000 Yuan per ㎡, but it turned out that it was 7,000 Yuan per ㎡. There is nothing inside though.”
“So, it’s 840,000 Yuan in total.”
“Right. There is literally nothing in there. They said that it would cost around 150,000 Yuan to finish the interior.”
“It is normal to have nothing inside when you buy a brand new condo in China. The first owner is supposed to install everything like windows, bedroom doors, lightings, wallpapers, and all.”
“I went there with the office manager lady, and she took care of the purchase contract. She will also take care of the interior. Since the condo is owned by the company, it seems proper that someone from the company takes care of it.”
“That’s good. It’s better that way since we are foreigners there; we could easily get ripped off.”
“So, we can say that we bought the condo for 1 million Yuan including the cost for the interior. If I assume that 1 Yuan is 164 Korean won, this condo’s price would be 164 million won. It is an expensive condo considering its location in a small provincial city. I was told that the local people would consider that you are a very rich person if you live in a house that costs 1 million Yuan, in this city.”
“Is that right?”
“The office manager lady told me that. She also said that people like her wouldn’t even dream to live in a condo that expensive, in this life.”
“Really? How long do you think it will take to finish the interior?”
“It will be done within this week.”
“It’s going to be a busy week for you then. The opening ceremony will be held this Friday, and you will move to the new place too. You seem to be settling well.”
“Now, I am riding an Audi, and I have my own chauffeur as well. I will be living in the luxurious condo in Huaxi Huayuan while working as the president of an intercity bus service company. Hahaha. I used to live in a basement. I guess Mr. Basement’s life turned out very nice, huh?”
“Haha, that’s right. Oh, I have a favor to ask you. This is a personal one.”