Chapter 128
Byung-Tae Hwang who graduated from KAIST came to Suk-Ho's wedding as well . He was ranked number one in the class in high school, and he was known as a genius at that time .
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"I heard you are working in Pangyo . Which research facility are you working for?"
Byung-Tae who was wearing thick glasses handed his business card to Gun-Ho instead of answering Gun-Ho's question . His business card said he was a senior researcher in some research center and he had a Ph . D . in engineering .
"You must be living in Pangyo as well then . "
"No, I live in Suji . "
"You haven't married yet, have you?"
"I will next year . I have a fiancée . "
"Really? I will be at your wedding . "
"Thank you . I will let you know once I know the exact date and place for my wedding . "
"Hello? Bro? I'm here too . "
Gun-Ho turned his head around to see a person who just talked . It was Jong-Suk .
"Hey, Jong-Suk . How come you are here? Oh, that's right . You are close to Suk-Ho as well . "
"I used to be way closer to you than Suk-Ho bro . You just became distant lately . "
"No, I didn't . Hey, you look great in a suit . You look even handsome . You can marry too . "
"We need to marry in order of age . You have to get married first . "
Gun-Ho was thinking .
'If I still worked in a factory in Pocheon or Yangju, would I have come here for Suk-Ho's wedding and talked with old friends with confidence?'
It had been a week since Suk-Ho's wedding and Gun-Ho received a call from Suk-Ho .
"Hey, Gun-Ho . I'm just calling to thank you . You have been very helpful at my wedding . "
"I haven't done much . How's your honeymoon trip?"
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"It was good . "
"Where are you settling in?"
"I purchased an 18 pyung townhouse in Bogwang Town . My parents helped me to buy it . "
"Really? Bogwang Town is close to Gyeongridan Street where your bar is, which is nice . "
"Oh, I talked with several friends from high school and we decided to have some gathering . "
"Really?"
"I will let you know once the date is fixed . Won-Chul actually suggested having a gathering at my wedding day . "
"Sounds good . Just let me know . "
The board meeting of the joint venture came close . At the board meeting, board members and management officers discuss important policies and matters of the company and also appoint executive officers including CEO .
Gun-Ho left for China to attend the board meeting of his joint venture .
The president of the joint venture—Min-Hyeok Kim was at the airport to pick up Gun-Ho . He came in his Audi with his chauffeur . The joint venture insisted that Min-Hyeok must have a chauffeur because he was a foreigner .
"At the board meeting, the president of Jinxi Construction Company—Chinkkweo Seon and the vice president of the joint venture— Kkangsin Kkao will be there . "
"In addition to those two, there will be a secretary who will take board meeting minutes during the meeting . "
"I see . There will be five people then, including us . "
"Oh, there will be another person—an interpreter . So, six people will attend the meeting . "
"Oh, Suk-Ho from Gyeongridan Street called me . "
"What did he say?"
"He wanted to thank me for sending him the flower wreath and gift money . "
"Really? He could sometimes be mean but he will probably pay you back if you do good to him . "
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Gun-Ho was amazed when he saw the Jinxi Industrial Park .
"Wow, it looks majestic!"
"They are not done yet . They are still building more factories . Seven companies stopped by the industrial park when they noticed the park from the road and made a contract with us . They are all Korean companies . "
"That's right . I read it from the weekly report you had sent to me . "
"They are building factories so fast, right?'
"Yes, they indeed are, and they are very skillful too . "
"Yeah, of course, they are . They are the ones who built the Great Wall of China, several thousand years ago . "
The president of Jinxi Construction Company—Chinkkweo Seon conducted the board meeting as the chairman of the board for the joint venture . He started the meeting .
"We are now starting our first boarding meeting of the Korean Chinese joint venture—Jinxi Industrial Park . "
Everyone at the meeting looked at the chairman .
"The Korean co-venturer, President Gun-Ho Goo from GH Development is here with us today . And this is President Min-Hyeok Kim of our joint venture . "
Gun-Ho and Min-Hyeok stood up from their seats and bowed respectively .
"For the Chinese co-venturer, I, myself, Chinkkweo Seon and Kkangsin Kkao are present . "
Chinkkweo Seon and Kkangsin Kkao bowed .
In front of each board member and officer, a ceramic cup of tea, that was decorated with a dragon figure, was placed . The secretary walked around the table with a pot and filled up each cup with hot tea .
"Next, the vice president of the joint venture— Kkangsin Kkao will present the report . "
Kkangsin Kkao started his presentation with a report that he prepared .
"Since we opened our joint venture, we have made 5,200,000 Yuan from deposits that were received by the companies who decided to move into our industrial park . We incurred 8,400,000 Yuan to construct factories so far, and additional 1,200,000 Yuan was spent for other expenses . "
Listening to the report was a bit boring .
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Gun-Ho asked a question .
"So, how much is left after spending all the expenses so far?"
"We have currently 3,500,000 Yuan . "
The president of Jinxi Construction Company— Chinkkweo Seon added to Kkangsin Kkao's response .
"Umm, we started receiving rents from seven companies that already settled in the industrial park since last month . From that time, we haven't used our joint venture's fund any longer . "
Gun-Ho anticipated that once the industrial park was fully filled with companies, the joint venture's fund would increase substantially .
"Since this is a rental business as well, as Professor Jien Wang stated, it is a Cash Cow business (Cash Cow: a profitable business that generates a steady flow of income as if milking a cow . )"
Kkangsin Kkao continued his presentation of the report .
"We will continuously put our untiring effort to be productive and efficient . "
There was nothing special or important after Kkangsin Kkao's report, but it took unexpectedly a lot of time because of the process of interpreting . The meeting started at 10 am and it was still on, even at noon .
At the end of the meeting, Gun-Ho made a proposal to raise Min-Hyeok's salary to 6,000 Yuan .
The Chinese co-venturer opposed .
"I object . "
"What is your reason to oppose?"
The Chinese co-venturer stated that once they raised the president's salary, they would have to raise all other employee's salary as well .
"If we raise everyone's salary, then the payability will be weakened . "
Min-Hyeok talked to Gun-Ho in a low voice,
"You don't have to do this . I am okay . Let's try this later after we observe how the company develops . "
Gun-Ho then suggested raising the president's salary according to the business performance .
"We consent to it . "
The Chinese co-venturer stated they all agreed with Gun-Ho's last suggestion .
Gun-Ho thought those Chinese people who previously had worked for Jinxi Construction Company were not quick but practical .
"They are somewhat reasonable, maybe because they used to work for a government-owned company . "
The board meeting was over after 12:30 pm .
"Good work everyone . Let's have lunch somewhere really nice . "
The board members and officers went to a restaurant called Jujangchangwan .
The president of Jinxi Construction Company— Chinkkweo Seon had Gun-Ho sit at the head of the table in the restaurant .
"You are the chairman of the board, so you are the one who has to sit here . "
"Don't say that . You will be the next chairman of the board, and you came all the way here from Korea . You are our special guest . "
After spending some time in suggesting each other sitting at the head of the table, Gun-Ho finally sits there .
They ordered a lot of food and Chinese liquor, Baiju .
"Let's drink for the company . "
When they clinked their first glasses of Baiju to each other's, the president of Jinxi Construction Company received a call .
"President Goo, Deputy Mayor Seukang Li is on his way here . Let's eat slowly . "
"Really? Deputy Mayor is coming?"
When they finished about half of the food they ordered, Deputy Mayor Seukang Li arrived at the restaurant with his chauffeur .
"Hey, President Goo . Good to see you!"
"Good to see you, Seukang Li . You didn't have to come; we understand that you must be very busy in the city hall . "
"I intended to join you earlier, but the meeting took more time than I expected . I came here as soon as the meeting was over . "
"Have a seat here . "
"Nah . You should stay at the head of the table . "
When Gun-Ho and Seukang Li asked each other to sit at the head of the table, the president of Jinxi Construction Company yielded his seat to them .