Chapter 558 - Changes in GH Mobile’s Stock Ownership (2) – Part 1
Gun-Ho smiled at Director Kim and asked him a question, “If GH Mobile could supply its products worth more than 100 billion won to A Electronics within a year, what would happen to Dyeon Korea?”
“Dyeon Korea is currently selling 600 tons of raw materials in the Korean market. If we would increase the volume of products that we supply to GH Mobile according to their increase in their production, our annual sales volume will increase to 1,000 tons from 600 tons.”
“What would be its annual sales revenue then?”
“It will make more than 50 billion won, sir.”
“Its product price per ton for the domestic market is 4.8 million won. So, its annual sales revenue will be 57.6 billion won to be exact, almost 60 billion won.”
“Whoa! 60 billion won!”
“I’m planning to register Dyeon Korea with KOSDAQ after two years from now when GH Mobile goes public. So both companies will go public simultaneously. Until then, I will make the yearly sales revenue of this company more than 100 billion won.”
“100 billion won!”
“After two years, someone else will take my position as the president of Dyeon Korea. That’s the agreement that we made when we formed this joint venture company. I will be the chairman of the board of directors, and Lymondell Dyeon will designate one of their people to the president position. Mr. Director Kim, at that time, you will be the one who will represent our interest—Korean co-venturer’s interest. Isn’t it exciting to be a managing director of a company that generates 100 billion won annually?”
“Well… umm… that’s right, sir.”
“I’ve never seen you stammering before, Mr. Director Kim. You are an excellent speaker.”
“I’m just baffled, sir, by what you just told me. It’s huge.”
Gun-Ho went to the production site. The site was already set up with new machines in place. The raw materials that were received from the U.S. were piled up in the storage. Gun-Ho could see that the production site was packed with the old workers and the new workers who had recently been hired. It looked vibrant. The My Machine program that started by GH Mobile seemed to influence Dyeon Korea’s production site as well. There were signs and banners about the program spotted everywhere in the production site.
“Sir, you are here.”
Manager Hee-Yeol Yoo from the production department rapidly came to Gun-Ho. He was one of the people who had previously received the special training by Lymondell Dyeon in the U.S. even before Dyeon Korea was officially established.
“I thought that you would be in the compound room.”
“Hmm, really?”
“Moreover, I’m not sure if I can say this to you, but the workers assume that Director Park is personally close to you, sir. And there is a rumor that the actual number three in the power ranking of the company is Director Park.”
“Number three?”
“Yes. The number one is President Song, and the number two is the research center’s chief officer ensuing by Director Jong-Suk Park who is the number three.”
“That’s funny. Well, let’s talk with Manager Yoo.”
“Yes, sir.”
Gun-Ho had been changing himself, the way he talked and the way he looked as he was getting old and getting used to being a somewhat powerful person. He also had changed since he was married. He talked more comfortably than before with Director Yoon who was in his 50s. His belly seemed to have bulged a bit as well.
Director Yoon brought Manager Yoo to Gun-Ho’s office.
“Did you want to see me, sir?”
“Yes, please have a seat.”
“Yes, sir.”
“When I looked around the production site earlier, I’ve noticed that there are many workers working there, and I think we need a plant manager who could manage them and the site. Moreover, we will probably have an even heavier workload later on. So, we need a management system in the production department. We need a plant manager as soon as possible.”
“I agree with you, sir.”
“Mr. Director Yoon here is suggesting finding someone within the company rather than hiring someone new from the outside, and he is recommending you—Mr. Manager Yoo—as our plant manager.”
“Huh? Me, sir?”
“What do you think? I understand that you have work to do in the compound room. But, I think you can focus on managing the production site on a usual day and spend more time in the compound room when we need to develop a new product. I’m sure it will be a rewarding job managing the entire factory.”
“Are you asking me to take a dual position?”
“Yes, I am. You will take over two positions.”
“Well, umm, okay, sir. I will do it.”
“Working as a plant manager will help with your career development as well.”
“I’m not sure if I can handle the work well, but I will do my best.”
“Mr. Director Yoon here will help you. I hope you enjoy the work.”
“Thank you, sir.”
Gun-Ho looked at Director Yoon, and said, “As of today, please appoint Manager Hee-Yeol Yoo as our plant manager. Also set his salary accordingly.”
“Yes, sir.”
Director Yoon and Manager Yoo left the office after giving a bow to Gun-Ho.