Chapter 571
Gun-Ho was talking with Jien Wang on the phone .
Jien Wang asked, "How is the terminal business going in Antang City, Guizhou Province?"
"I already started investing in it . I've invested 500,000 dollars already, and sent one of my people there . "
"You don't have to worry about that investment . A terminal project and a passenger transportation service business are safe business money-wise . You might not make a fortune, but you won't lose your investment funds . It's like the industrial complex that we established in Kunshan City . It is a Cash Cow business as well . You haven't seen any bus terminal going out of business before, have you? That industry is closely related to ordinary people's daily life . If they happen to suffer from some financial problems, at least the government will support them . However, producing a soap opera is different . It's not a Cash Cow business at all, and it is a highly risky business . You're right about being extra careful before going into that business . "
"I heard you, and thank you for your advice . "
"Why don't you come to Hangzhou City in the near future? Let's have a drink . "
"Haha . Okay, I will do that . "
After getting off the phone with Jien Wang, Gun-Ho thought about the soap opera production business in Shanghai .
'Seukang Li seems to have planned to produce a very good soap opera, in the beginning, and the wealthy media group in Shanghai is probably related to the high ranking government officers who are in a competitive position with him . That's why he wants to make his plan work by working with Korea?
Say, it costs 1 . 5 million Yuan to produce one episode of a soap opera . Seukang Li said they were making a 35 episode soap opera, and they estimated the cost for the soap opera as 52 . 5 million Yuan . It's about 9 billion Korean won . Should I go for it? I still have 170 billion won in my stock account . 9 billion won is not much for a big player in Gangnam like me .
This is a new field for me though . Maybe I should talk with that BM Entertainment's dandy dude about it . Or, maybe I should talk with his boss directly— Mr . President Hyeon-Man Yee who is running a large entertainment management company . '
Gun-Ho had his business card . When Gun-Ho looked at his business card, there was no direct number like his cell phone number, but it only showed his office number . Gun-Ho called that number .
"Hello? Is it BM Entertainment?"
"Yes, it is . Can I ask you what this call is regarding?"
Gun-Ho could hear a young female's voice . She had a beautiful voice .
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"May I speak with Mr . President Hyeon-Man Yee, please?"
"May I tell him who's calling?"
"This is President Gun-Ho Goo from GH Mobile . "
"I beg your pardon?"
"This is President of GH Building in Sinsa Town, Gangnam District with GH Gallery . "
"Oh, GH Gallery building . "
'This lady recognizes GH Gallery right away . She must have come to the art gallery during one of our art exhibitions . '
After a moment, Gun-Ho heard a man's thick voice over the phone .
"This is Hyeon-Man Yee . "
"This is GM Mobile's Gun-Ho Goo . "
"Oh, hi . We've met in Shanghai before . "
"That's right . How have you been? Even though my office in Sinsa Town is so close to your office in Cheongdam Town, I couldn't find a chance to visit you . I have something that I'd like to ask you about . Will you be available today?"
"I have an appointment in the afternoon, but I will be here in the morning . "
"I will come to your office now then . "
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"Okay . I will be waiting for you . "
Gun-Ho went to BM Entertainment Company located in Cheongdam Town .
Their office was decorated glamorously, and Gun-Ho saw a few people who looked like a celebrity, but most of the people there were office workers in that office .
"Is the president in the office?"
A very pretty female secretary quickly stood up from her seat when she saw Gun-Ho entering the office . Gun-Ho looked like a businessman with a bulged belly now, so the secretary treated him with respect .
"Who may I tell him you are?"
"I'm President Gun-Ho Goo from GH Mobile . "
Gun-Ho followed the secretary to their president's office . His office was spacious, and the floor was covered by a carpet . President Hyeon-Man Yee was sitting on a sofa by himself when Gun-Ho entered the office . He stood up when he saw Gun-Ho . President Hyeon-Man Yee was exuding his own charisma . He was a tall and sturdy man with big hands .
"It has been a while since we met in Shanghai," Gun-Ho said .
"I owed you one back in Shanghai, and I didn't have a chance to buy you dinner or something to pay you back . Please have a seat . "
President Hyeon-Man Yee asked the secretary to bring them some tea, and then he called someone and asked to come to his office .
Gun-Ho asked, "Do you still often go to China these days?"
"Not recently . I went to the U . S . pretty often these days though . You go to China frequently, right, Mr . President Goo?"
"No, I haven't been to China for a while, but I think I will have to go to Guizhou Province next week . "
"Guizhou Province?"
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"Yes . I am making an investment in a terminal project there— Antang City, Guizhou Province . "
"A terminal project? Do you mind if I ask you how much it cost to invest in that sort of business?"
"Not much . It's a 50 million dollar project . "
"Oh, 50 million dollars is a lot . Is it a consortium with another company?"
"No, it's not a consortium . "
At that moment, the secretary brought tea, and that dandy guy— the entertainment manager— walked in the office behind the secretary .
President Hyeon-Man Yee said to the manager, "You remember Mr . President Goo, right?"
The manager looked at Gun-Ho's face and said, "Oh, Mr . President Goo? How are you? What brought you here?"
Gun-Ho laughed and extended his hand for a handshake .
"Please have some tea . "
"I came here to ask for advice . I've been requested to make an investment in a soap opera production company in Shanghai . "
"Since you received the request to invest, I guess it's not crowdfunding . "
"No, it's not crowdfunding . "
President Hyeon-Man Yee asked after sipping his tea, "The production cost for a soap opera should be substantial in China as well, right?"
"I was told that it costs 1 . 5 million Yuan to produce one episode of a soap opera . If they complete their planned 35 episodes, it would take 9 billion Korean won . "
"9 billion won? Whoa . "
The manager sitting next to President Yee seemed to be frightened . However, Gun-Ho thought that he was exaggerating in making his frightening facial expression, maybe because his boss was present .
"It seems that they are paying a high price to cast a popular main actor or actress in China too . I think you are in a very good position by having a lot of popular celebrities like girl groups and male singers currently on the Billboard charts . "
"Don't get me started . I've spent tons of money to make them what they are now . "
"I've observed that your company's— BM Entertainment— stock price is on the rise steeply every day . "
"That doesn't mean much to me . It's not like I have cash on my hand as the stock price increases . People don't know how it works, and some of them ask me to buy them a drink since I probably made a lot of money . Haha . "
"Well, it's still good for you . "
"I built a performance stage in Gyeonggi Province recently, and since I needed money for it, I had to take out a loan from a bank . Mr . President Goo, would you like to make an investment in my business?"
"Oh, my gosh . I don't have that much money right now . "
"Oh, that's right . You said that you are currently investing in a terminal project in China . "
The manager looked surprised again and asked Gun-Ho, "Sir, do you do terminal business in China?"
President Hyeon-Man Yee smiled and chipped in, "It's a 50 million dollar project . "
"Whoa! 50 million dollars!"
The manager's eyes widened, and he looked astonished . Gun-Ho thought, 'This dude is doing it again . He is certainly overreacting to show his surprise . '