Chapter 108
Gun-Ho, Min-Hyeok and Professor Wang headed to Kunshan City .
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The Deputy Mayor of the City of Kunshan—Seukang Li—called for the president of Jinxi Construction Company, Chinkkweo Seon . Jinxi Construction Company was a government-owned company and its president—Chinkkeo Seon—used to work for Kunshan City as a construction deputy director .
"Long time no see . "
Gun-Ho and Chinkkeo Seon greeted each other with a handshake . Seukang Li told Gun-Ho .
"Most of the work is done in the industrial park now . The road accessing the park is paved, the management office is completed, and the 3-Flow work is of course done . "
"What do you mean by the management office is completed? Does that mean the phone and the internet are working?"
The president of Jinxi Construction Company responded instead .
"The phone is not working yet . It will take a few more days . Other than that, the office is all set up with furniture and necessary supplies . "
"Oh, really?"
"However, China's investment in the industrial park is the land only . So, Jinxi Construction Company will send a bill to the joint venture for the cost incurred in constructing the management office and filling the office with furniture and things . "
"Hmm . "
Gun-Ho thought that Chinese people were very accurate in dividing the cost .
When Gun-Ho visited Jinxi Industrial Park later, he was astonished . It looked totally different from the time when he had visited it before . The road was neatly paved and small trees were planted on the borders between factories . Tall trees were planted along the street as well .
"Do you see a building over there? That's the management office . "
"Oh, wow . It looks great . Is it a prefabricated building?"
"Yes, it is . The management office and a restaurant are located on the first floor, and on the second floor, you can find an administrative office, a president's office, and a vice president's office . Restrooms are situated at the backside of the building . "
When they arrived at the main entrance of the management building, a neatly dressed man who looked like in his 50s and a lady in her early 30s greeted Gun-Ho's party .
"This is Kkangsin Kkao . He will be working as a vice president in the joint venture . This lady will handle general affairs . Her name is Dingpun . "
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Kkangsin Kkao and Dingpun gave their business cards to Gun-Ho and Min-Hyeok . Since the joint venture was not yet formed, their business cards still indicated their current position with Jinxi Construction Company which were a planning director and staff in the planning department .
Seukang Li gave Gun-Ho a tap on the shoulder before saying,
"What do you think? Did Professor Wang explain to you about the joint venture? You won't regret it . Don't worry about it . It looks like you brought someone who would take the president position for our joint venture . I guess we are ready to sign the letter of intent . "
"Will the letter of intent be signed by Jinxi Construction Company of Kunshan City and GH Development Company?"
"Right . I had a hard time persuading my superiors in Kunshan City to select GH Development Company as our co-venturer because the company is small . However, since GH Development has no debt, and it will invest in cash, I pushed them hard to do it . "
"You said the joint venture will possibly increase capital stock without consideration, right?"
"Oh, I guess if a company is doing well, it increases its capital stock, and it expands its business and so on, right? Our role in Kunshan City is up to the completion of 3-Flow work . We will leave the rest of the business matters to the joint venture . What you would do from now on is up to the joint venture . "
Professor Wang chipped in .
"Seukang, you will have to join them when they give a presentation in Korea . They will need someone who is a high-ranking official in the Chinese government to effectively attract Korean companies, don't you think?"
"Of course, I will come to Korea for the presentation . If I can't make it, I will send the construction director of the city . "
"Did you hear that, Gun-Ho? Seunkang Li will be there . "
"Also, you said companies won't have to pay corporate tax for three years, right?"
"We are going in that direction . I shouldn't tell you everything today though . Haha . "
The planning director of Jinxi Construction Company gave a tour to Gun-Ho and Min-Hyeok around the management building . They looked around the offices, the restaurant, and the restrooms on the first floor .
"Hmm . It looks really nice . It's neat and clean since it's a newly constructed building . "
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Min-Hyeok seemed to be impressed as well .
"It is indeed very well built . "
Gun-Ho's group then moved to the second floor to continue their tour .
"There are desks and chairs already placed in these offices . "
"The computers are all in working condition as well . "
"Hmm . "
"This is the office for the president . "
There were a large L-shaped desk and an executive swivel office chair . Behind the desk, there was a wooden bookshelf . A large sofa set for a guest was there as well .
"Hmm . It is nice . The room is carpeted . Min-Hyeok, if we decide to participate in the joint venture, this will be your room . "
Min-Hyeok blushed when Gun-Ho told him that this would be his office . He then asked Gun-Ho .
"What about the chairman of the board? Is he not working here?"
"He will not . He will come whenever necessary though . Instead, the vice president will assist you . "
Min-Hyeok wrote down something .
"Min-Hyeok, if you work here as a president, you will have to manage all the staff working in this building . There will be more than 30 workers . "
Min-Hyeok blushed again, and then his face became filled with worries . Maybe the idea of working as a president was too much to digest in a few days for him .
Seukang Li talked to Gun-Ho .
"Gun-Ho, let's sign the letter of intent tomorrow morning around 11 am . What do you say? If you say yes, I will ask journalists to come and join us . "
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Gun-Ho, let out a deep sigh before answering it .
"Okay, let's do it . Since you, Deputy Mayor Seukang Li and Professor Wang guaranteed that I would make money from this, I will do it . "
Seukang Li and Jien Wang held Gun-Ho's hand while smiling .
Gun-Ho and Min-Hyeok arrived at Crown Plaza Hotel in Kunshan City to sign the letter of intent .
There was a small flag of China and a flag of Korea placed on the table which was covered with a white tablecloth, and a banner was hanging on the wall .
"Gun-Ho, journalists are here . I've never been to an event like this . I've only seen this kind of thing on TV . "
"Haha . You don't have to be nervous, Min-Hyeok . I will be the one who will sign the letter of intent with the president of Jinxi Construction Company . "
"What about the deputy mayor of Kunshan City?"
"He can't do it because he is a government official . However, he will later join us for a photograph, and you should come as well . "
The planning director from Jinxi Construction Company was talking on the microphone . The staff in the planning department showed Gun-Ho a table to sit while smiling .
Gun-Ho and Chinkkweo Seon— the president of Jinxi Construction Company—sat on a table while facing each other . Behind them, Deputy Mayor Seukang Li, the construction director of Kunshan City, the planning director of Jinxi Construction Company, and Min-Hyeok were standing .
Gun-Ho and Chinkkweo Seon signed the letter of intent and shook hands . The journalists were taking pictures of the moment . Some people were video recording it .
There were about seven to eight journalists, and one of them asked a question to Gun-Ho .
"Do you think Jinxi Industrial Park will succeed?"
Surprisingly, the journalist who asked the question to Gun-Ho was Korean .
"Are you from Korea?"
When Gun-Ho asked the journalist in surprise, he said he was from the Korean Economic Newspaper, and he was currently working at the Shanghai location .
"Oh, I see . "
Gun-Ho offered his hand to the journalist for a handshake .
"I believe Jinxi Industrial Park has a bright future . It is located in Kunshan City that is close to the two big cities which are Shanghai and Suzhou, which will give great benefit to the companies in doing business there . Moreover, the companies in Jinxi Industrial Park will enjoy the corporate tax-free for three years in addition to the low rental price . This is certainly a rare opportunity for companies, and I am sure that many Korean companies will be interested . Especially if they were planning to expand their business to China . "
There was a person who was diligently interpreting what Gun-Ho said for Chinese journalists . The interpreter gave his business card to Gun-Ho when he realized that Gun-Ho looked at him several times .
"Haha . I'm an interpreter from the city's foreign affairs office . I studied in Korea . "
"Oh, I see . You speak Korean very well . "
The Korean journalist asked another question .
"According to the brochure provided for the journalists, you are the president of GH Development, Gun-Ho Goo . Is that right?"
"That's correct . "
"Can I ask you how old you are?"
"I'm 35 years old . "
"Is it Korean age?"
"Yes . "
"We won't take any more questions . Please have a seat and enjoy the food . "
The president of Jinxi Construction Company had the journalists go sit on their tables .
That evening, Jinxi Construction Company hosted a dinner at a restaurant called Hwadongchancheong . It was the same restaurant that Gun-Ho was once invited at last time he visited China . The restaurant was still marvelous .
That night, Seukang Li, Professor Wang, Gun-Ho and Min-Hyeok drank a lot until they were overly drunk . They were the four people who would take the lead of northeast Asia economy in the future .