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Published at 24th of April 2020 10:25:08 PM
Chapter 462
Gun-Ho and Chan-Ho headed to GH Parts Company in Min-Hyeok's Audi . When they arrived, a few executive officers came to Gun-Ho to greet him . They were familiar faces to Gun-Ho .

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"Mr . Chairman, you are here . "

They addressed Gun-Ho as Mr . Chairman since Min-Hyeok was the president of the company .

"How have you all been?"

Gun-Ho had a handshake with each executive officer there and tapped their backs .

"Hmm, it seems all the machines are working right now . "

"Right . They are fully working . However, we can't run them overnight . They are not in that good condition yet . "

The retired factory manager, who was currently working with Min-Hyeok Kim in an advisory position ran, to Gun-Ho when he heard that Gun-Ho was there .

"How have you been? You look good . "

"Yes, sir . President Min-Hyeok Kim is providing me with a very comfortable work environment . "

"It's really good to see you doing well here . "

"The machines are working great, and I don't get much workload lately . I always appreciate the opportunity to continue my work here, not to mention the benefits that the company provides me . "

"I feel confident because you are here with us, Mr . Plant Manager . "

After looking around the production site, Gun-Ho visited every corner of the factory including the cafeteria, the offices, the conference room, and even the bathrooms . Everything looked good except the bathrooms which seemed to be overly outdated . Gun-Ho suggested to Min-Hyeok to renovate the bathrooms .

"Don't think that it is a waste of money to redo the company bathrooms . What you spend for your employees will come back to you as a precious return . "

"Okay . I will do that . "

Gun-Ho and Chan-Ho followed Min-Hyeok to his office . When they entered the office, there were three people sitting on a sofa .

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"Oh, my gosh . President Goo?"

Gun-Ho looked at the lady closely; it was Eun-Hwa Jo—Korean Chinese lady who used to give Gun-Ho private lessons on the Chinese language .

"Oh, Ms . Eun-Hwa Jo!"

Gun-Ho felt delighted to see her again, and he extended his hand to her for a handshake . Min-Hyeok smiled and said, "She helped me with interpretation, and now she is working with us . "

"Oh, really? That's nice . "

Gun-Ho had a handshake with the accountant there too . The accountant was a familiar face to him as well .

"It has been a while since I saw you, Mr . Kuaijishi (accountant) . "

"Ni hao! Mr . Chairman . "

"Oh, Manager Ahn! Please come here and meet the chairman . "

A man, who was sitting at a large desk, came and stood next to Min-Hyeok .

"This is our new manager . "

"Oh, I see . "

The man looked maybe three or four years younger than Gun-Ho .

"Hello, sir . Nice to meet you . "

"He used to work at a Korean company around here . When his company closed the business and moved back to Korea, he joined our company . He has been in China for more than seven years, and he is very knowledgeable about the business environment in China . "

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"I see . Seven years is long enough to understand Chinese business . "

"He started his career in China right after graduating from college . He actually graduated from the same university as mine . "

"Haha . Really?"

"I've heard a lot about you, Mr . Chairman . "

"It's very nice meeting you . Are you married?"

"No, I'm still single . "

"Lots of good things will happen to you if you work hard . I'm so glad that a competent young man joined our company . "

Min-Hyeok added, "I don't worry about the office when I have to go out for sales ever since he started working with us . "

"I guess President Min-Hyeok Kim heavily relies on you . Please do your best in assisting him . "

"Yes, sir . "

Gun-Ho and Chan-Ho headed to Dingding's office with Min-Hyeok . The office was located in Pingqilu, Suzhou City . A clear business sign with the GH logo on it was already placed on the third floor, and it said 'GH Plastic Co . , Ltd . '

An office worker was sitting at a desk by herself, and Dingding was sitting in the president's office also by herself . Dingding seemed to be happy to see Gun-Ho .

"Mr . Chairman, it's really good to see you!"

Once Gun-Ho sat on a sofa, the office lady brought tea .

"The office is extremely clean, maybe because only female workers are working here . I see an orchid pot and Mr . Ding Feng's painting . Oh, how is Mr . Ding Feng doing these days?"

"He is doing well . He is in Hong Kong right now to attend an event there . "


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"You paid the one-year lease upfront for this office, did you?"

"That's right . It's like 450,000 Korean won per month . The size is about 100 ㎡ which is about 30 Korean pyung . "

"And, you have only one employee?"

"There are actually four workers including myself . We recently hired two security guards for the storage . We hired them as employees, so they could have more sense of responsibility in performing their duty . "

"I believe that was the right move . Are you currently receiving the raw materials from Dyeon Korea for 4 . 5 million won per ton?"

"That's correct . We buy them for 4 . 5 million won per ton, and we sell them for 480 million won per ton . The profit is 6 . 6% . Our major client is GH Parts Company . "

Everyone laughed when she said that her company's major buyer was her husband's company .

"I was told that you successfully sold 50 tons last month . "

"Right . I was lucky to make that far . "

"Hmm . The proceeds for 50 tons of raw materials is 240 million won . That makes the profit around 15 million won . "

"That's correct . "

"Is it worth running the company?"

"Well, the profit rate is less than 10%, but since we are not a manufacturing company, we don't spend much on labor or other operating expenses, so it will do . "

"Hmm, I see . "

"The 100,000 dollars that you invested in this company have been well spent when we started the business . Starting next month, we will begin to collect payments from our clients . "

"How is the business attempt with the company in Yancheng going, that you have been contacting to make a contract with?"

"We've sent them a sample product, and we're waiting for their response . That company manufactures not just automobile parts but also home appliances . Once they make a business with us, I expect a high volume of product orders from them . "

"How did you say you know the company?"

"I went to college together in the U . S . with that company's owner's son and his wife . Min-Hyeok knows them as well . Haha . "

"The storage is located about 4 kilometers from here, right?"

"Yes . Let's go there and take a look at it . "

Gun-Ho, Chan-Ho, Min-Hyeok, and Dingding, they all went to the storage . One of the security guards was moving raw materials using a forklift truck .

"We purchased a used forklift truck . Fortunately, one of the security guards who we hired knows how to operate it, so he drives the forklift truck when necessary . "

"If we fully fill up the storage, it will accommodate 100 tons, right?"

"Yes, the maximum limit is 100 tons . "

Gun-Ho entered a container office that was attached to the storage . There were a desk and a round table .

"Do you usually give instructions to the workers in the storage through the phone?"

"I communicate with them either via phone or email . I send them a list of products by email, and they print it out and attach it to the products along with the product test result before sending them to our customers . "

"It seems to take about fifteen minutes from your office in Pingqilu to the storage here . "

"That's correct . So, when they need me in person, for example, when they need me to buy some necessary products, I come to the storage . I certainly stop by the storage at least once a day . "

"Hmm . I see . I had a nice tour of the storage today . "

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