Chapter 213: 213
Gun-Ho walked around the town in Seattle .
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The city looked certainly exotic to Gun-Ho . All the business signs were written in English, and even the lights on the street looked different from the ones in Korea as well .
"This is a beautiful city"
Gun-Ho enjoyed walking on the street while window shopping in the roadside stores .
"Chicken Valley? That reminds me of the Korean combination menu of a deep-fried chicken with beer . I miss it . Oh, shoot . I shouldn't think of food; that makes me sick to my stomach again . "
Gun-Ho continued to walk while hearing American people talking on the street .
"Well, I have no idea what those people are talking about . "
At that moment, an old American lady approached Gun-Ho and said something to him . She was probably asking for directions to somewhere .
"I don't speak English . "
Gun-Ho quickly walked away after telling her that he couldn't speak English .
After a long walk, Gun-Ho felt much better in his stomach .
"Good exercise is indeed the best medicine . I feel like I already digested all of the food I had for dinner earlier at the hotel . "
When Gun-Ho came back to his room at the hotel, he took a traditional Korean medicine before heading to bed .
Angelina Rein was an overweight woman in her 40s .
"Hahaha . I guess you expected to see a beautiful blond woman when you heard of my name . Well, welcome to America . You have come a long way . Please have a seat . "
Ms . Rein seemed to be an optimist . When she talked with other workers, she always had a smile on her face . Gun-Ho could also observe other workers showing their respect to her when they addressed her; she was probably in a high-ranked position in the company .
"Mr . Goo and Mr . Kim, I'm so glad to finally meet you . Mr . Brandon Burke who is in charge of international business development will be here to meet with you this afternoon . In the meantime, I was instructed by him to give you a tour of our factory . "
"Thank you . "
"Mr . Richard Amiel from Dyeon Japan called me the other day and asked me to take good care of you two . "
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"Thank you . "
"We respect the request from Mr . Brandon Burke and Ms . Richard Amiel . "
Angelina Rein then made a call to ask for someone .
Before that someone, who Ms . Rein requested for, arrived, Ms . Rein asked a few questions to Gun-Ho and Attorney Kim .
"What is the population of South Korea?"
"We have about 51 . 47 million . "
"What about GDP per capita in South Korea?"
"It's about 30,000 dollars . "
Angelina Rein continued her small talk with the guests; it seemed that she didn't want her guests to feel bored . Her eyes over her glasses looked bright . While she was having a conversation with Gun-Ho and Attorney Kim, she didn't lose her smile even for a second .
A young man in uniform entered the room . He had a dark skin .
"These two gentlemen are businessmen from South Korea . We might do a joint venture with them . Why don't you show them around our factory? Give them a tour of the production line five and six and make sure that we don't allow them to take pictures . "
"Yes, Chief!"
Gun-Ho and Attorney Young-Jin Kim followed the man to have a tour of the factory .
The production field was on the first floor, and they could watch it from the second-floor aisle . They were not allowed to be in the production field .
"Wow, it's huge!"
Attorney Young-Jin Kim seemed to be surprised by the size of the factory .
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"I've never seen a factory like this . This is so great . I feel like I am in the Noryangjin Fisheries Wholesale Market . "
"Haha . I thought of the exact same thing . When I studied for the government job exam in Noryangjin, I went to that market from time to time . I used to look down at the market from the bridge near the subway station . "
"The products came out and was placed on the conveyor belt, and they automatically fell into a basket . "
"Hmm, everything is done by an automatic system . "
"Wow . It really is a factory of a world-renowned company . "
"I want a factory like this . "
Attorney Young-Jin Kim turned around to look at Gun-Ho; he was smiling .
"Pray for success . "
Attorney Young-Jin Kim tapped Gun-Ho's shoulder as he said it .
In the afternoon, Gun-Ho and Attorney Young-Jin Kim met with Mr . Brandon Burke for the interview, who was the vice president and in charge of the international business development department .
The table in the small meeting room that Gun-Ho and Attorney Kim were invited in was decorated with the national flag of South Korea and the star-spangled banner .
"Nice to meet you . I am the vice president of Lymondell Dyeon . My name is Brandon Burke . "
Brandon Burke was a tall man; he was probably in his late 50s . He was bold but a good-looking man .
"Hi . I am the president of GH Mobile in Korea . "
"I am Attorney Young-Jin Kim from Kim & Jeong Law Firm in Korea . "
Gun-Ho and Attorney Young-Jin Kim handed their business cards to Mr . Burke .
There were three people who were attending the interview from Lymondell Dyeon: the vice president—Mr . Burke—Angelina Rein, and an African American lady who was wearing glasses; she seemed to be there to record the interview .
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The interview started .
Mr . Burke had Gun-Ho's business plan in front of him with Gun-Ho's business card next to it .
"We have reviewed GH Mobile's financial statements . They didn't quite satisfy our requirements though . The debt ratio is too high . Do you have a plan to reduce the debt ratio?"
Angelina Rein who was sitting next to Mr . Burke added to Mr . Burke's question .
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"We are talking about a plan such as capital increase, for example . "
Attorney Young-Jin Kim talked to Gun-Ho in a low voice .
"They are asking if you plan to increase the capital of the company . "
Gun-Ho firmly responded .
"We have no plans to increase our capital . However, our sales revenue has recently increased by 15% due to our successful new product development, and it is continuously growing . We are going to lower our debt ratio by increasing our sales revenue occurred from our new product sales . "
Gun-Ho took out GH Mobile's new product—AM083 Assembly—from his bag; it was the product that was developed by Mr . Sakata Ikuzo .
"This is our new product . It was extruded twice . "
Mr . Burke and Ms . Rein looked carefully at the product that Gun-Ho handed to them .
"Was it really manufactured by GH Mobile in Korea?"
"Yes, we produced it in our factory . "
Mr . Burke examined the product thoroughly; he touched it, folded it, and smelled it .
"Which company's raw materials did you use to manufacture this product?"
"We used Dyeon America's materials . "
Mr . Burke smiled slightly .
"Good . Next question . GH Mobile's credit rating is B- . This is one of the reasons why we are reluctant to do a joint venture with GH Mobile . We don't require an credit rating, but we want at least an . I'd like to hear what you think about this . "
"We consolidated the company's debt . We now have a loan from one bank . We just paid off the loan from Korea Credit Guarantee Fund as well . These are not yet reflected on the financial statements that you previously received from us . You will be able to see these changes on our next financial statements in December . I believe, our company's credit rating will become . "
"I see . The interview is being recorded by our staff here . Moreover, we take all your responses as true especially because you are here with an attorney from a Korean law firm . "
"Thank you . "
"Here is the last question for you . "
"Sure . "
"This is one of the things we like the most when we review the documents you have submitted to us . According to those documents, you graduated from Zhejiang University, majoring in accounting . Is it true?"
"Yes, it is . "
"And you have HSK level-6, right?"
"That's correct . "
"There is a company called GH Parts Company in China . This company was established five years ago, and you recently acquired it . Is it true?"
"That's right . That was Mulpasaneop's factory in China and I bought it . "
"Even though you acquired a company in China, you haven't lent any money in China . Even though your company is a small company, we highly recognize this fact . "
"Thank you . "
"According to your business plan, you can sell more than 300 tons on a monthly basis by using your network and connections within China and also by targeting Korean auto manufacturers that are located in China . "
"Yes, I am very confident about it . "
"Great . This is all we have for you today . We will discuss it with our foreign investment committee and will let you know our decision through Manager Angelina Rein here . Also, our staff will visit your company—GH Mobile—in Korea in the near future . "
"We are more than welcome to have anyone from Dyeon America . "
Vice President Brandon Burke quickly stood up and extended his hand to Gun-Ho for a handshake . Gun-Ho thought Mr . Burke's hand felt very warm .