<h4>Chapter 196: Establishing GH Chemical (3) – PART 1</h4>


    The semi-annual financial statements report arrived. ountant Nak-Jong Lee from Anchang ountant Office brought it to Gun-Ho’spany himself.


    “Oh, you brought it yourself. You could have just sent one of your staff for it.”


    “I have to bring it myself. I give a report directly to apany’s owner for this kind of report.”


    “Let’s have some tea while we talk about our semi-annual financial statements.”


    “Sure. Thepany’s sales revenue is gradually increasing. That is very encouraging. When thepany was still Mulpasaneop, it had a really hard time keeping up the positive ie. Everything is different now.”


    “We still need to reduce the cost of products, right?”


    “The debt ratio has decreased a lot since the second factory was sold. However, thepany is bearing a significant amount of construction cost for the new factory in Jiksan Town. So, reducing the product cost won’t make any impact much.”


    “Once the factory in Jiksan Town ispletely constructed, we will move to that location, and we will sell the main factory here then.”


    “If you sell the main factory here, thepany’s assets will be reduced and thepany’s debt will be reduced as well ordingly.”


    “What if we don’t sell the main factory, but we run anotherpany here?”


    “Are you saying you will acquire another business? That’s up to you, President Goo. You can either invest personally or have GH Mobile invest in a new factory.”


    “If GH Mobile invests in a new factory and if the new factory doesn’t do well, then it will affect GH Mobile, right?”


    “Of course, it will.”


    “Hmm.”


    “Thispany has an advantage though.”


    “What is it?”


    “First, thispany is 100% owned by one person—you, President Goo, and there is no other shareholder. Also, there are no expenses used by the owner family.”


    “Why would an owner family use apany’s money?”


    “There are a lot ofpanies like that. A president’s wife buys an expensive designer handbag with a business credit card, or they use thepany money to pay for their son’s study abroad, for example. Those kinds of thingsmonly happen.”


    “They shouldn’t do that.”


    “There are a lot ofpany owner families like that. It is a big problem. Some people born to a wealthy family just don’t know what they can do and what they cannot do.”


    “Thank you for your analysis and advice today.”


    “I am so d to see thepany is doing well.”


    Gun-Ho left for Japan carrying the English version of the semi-annual financial statements report,pany organizational chart, and other documents with him. When he arrived in Japan, he headed to Amiel’s office in Nihonbashi. Gun-Ho was with the interpreter who Kim&Jeong Law Office rmended.


    “Amiel, what do you think? Do you see an improvement in ourpany’s financial statements report?”


    “I do see it doing better...”


    “We do have workers, technologies, and a factory that can start working right away with argend.”


    “I know you are driven and highly motivated; however, we need to verify the qualifications of the workers and also we need to secure saleswork in Asia markets.”


    “Well, thergest market in Asia is China. I have apany there in Suzhou City specifically. I’ve attached thatpany’s semi-annual financial statements report as well to the document I just gave to you. We can develop the China market and sell products there using thatpany.”


    Amiel thoroughly looked through the documents that Gun-Ho brought in.


    “Oh, I was told that Mr. Sakata Ikuzo seeded in developing a new product for you. Is it true?”


    “Yes. We are already talking with the customer about the product, and the product passed their test. We are waiting for their personnel to visit ourpany to look around our factory. They will order the products more than 100 tons per year.”


    “100 tons? That is a lot for a single product order. However, that’s not good enough.”


    “The S Group is one of the biggestpanies in Korea. Once they start using our product, morepanies will request to buy our products soon. You will see.”


    “Well, since you are extremely motivated, I will talk with the headquarters. The co-venturer’s president’s personality weighed heavily with the headquarters, so President Goo, Give me your resume—an English version—with your picture on. I need a copy of your passport as well.”


    Gun-Ho printed out his resume in Amiel’s office. He saved his resume in his email ount in case he needed it.


    “Where is the headquarters of Lymondell Dyeon located?”


    “It’s in the area 30 mile north from Seattle. Since they supply lots of products to Boeing, it is located close to the Boeingpany.”


    “I heard Boeing has an enormous factory.”


    “Don’t get me started. You can’t even finish a tour of their factory in one day.”


    “Wow. Really?”


    “I have your papers with me, so you can go back to Korea for now. Once I heard from the headquarters, I will let you know. Or, you could possibly receive the response to your office directly from the headquarters. Starting a joint venture involves legal matters. Talk with Attorney Young-Jin Kim about it since he is the expert in the legal area and also he speaks English very well.”


    “Okay, I will. Thank you.”


    “You want to go to that bar in Shinjuku?”


    “Not this time. Let’s go there when we have good news from headquarters.”


    “Sure.”


    “There is a rumor that you put Mori Aikko’s hair up—the dancing geisha in Shinjuku. Is it true?”


    “Noment there, man. I can’t talk about my romantic life.”


    “Oh, shoot. So that’s true. You made it. I am so envious of you. You got the most beautiful woman in Japan. You are indeed a man who can achieve anything. I guess you will grab the joint venture opportunity too.”


    “Thank you.”


    Gun-Ho came back to Korea. Before he headed to Asan City, he stopped by his TowerPce condo in Seoul. There were tons of mails in the mailbox waiting for him, such as utility bills.


    “Well, I will have to take care of these before I go to Asan City. These mails are all about asking me for money.”


    When Gun-Ho was taking his mail from his mailbox, an old man came into the mailbox area. He was a resident of the same building as Gun-Ho, and he was the representative of the residents.


    “Are you the young man who is living in #18XX, by any chance?”


    “Yes, I am.”


    “We keep receiving the notice to ask you to attend the Civil Defense Training because you haven’t showed up. Please go to the training, so I don’t have to keep going up to your condo to remind you of it.”


    “Oh. I am so sorry.”


    Gun-Ho saw the notification for the Civil Defense Training along with other letters he received.


    Gun-Ho slept in his TowerPce condo by himself that night.


    “Maybe I should sell this condo. The 20 pyungrge condo next to the Asan KTX training station would be perfect for me. This condo is too expensive to keep. The tax is high, not good.”


    Gun-Ho, however, thought that he should have a ce to take a rest in Seoul since hees to Seoul from time to time. Moreover, his resident status was registered with this condo.


    “Should I ask Mori Aikko to move in with me in this condo?”


    Gun-Ho fell asleep while thinking about living together with Mori Aikko in his TowerPce condo.