Rebirth I Am a Chaebol In Korea

Ma Huayun has not yet come to South Korea, he will return to China with Han Jingen.

"yes."

President Shin's expression didn't change at all.

"The fifth thing, President Han, I heard that the Ministry of Finance will allocate a sum of money to purchase shopping coupons for supermarkets recently. You can also keep it after the meeting. I want to discuss this matter with you."

"yes."

"The sixth thing, I decided to transfer Han Jingen back from Huaguo. After Jingenxi comes back, she will take up the position of Minister Luo's secretary office."

Zhou Wenhai announced the new appointment of Han Jingen, and President Han showed a gratified smile on his face.

"The last thing is that I want to acquire an LCK club, and you, Minister Luo, will be in charge of handling this matter."

"yes."

After Zhou Wenhai said the last thing, he felt parched and took a big sip of water.

"Okay, if you have no other opinions, let's stop here for today's meeting first. Except for President Han and Minister Yin, everyone else should leave."

Leaving President Han and David Yin behind, Zhou Wenhai called them into his office.

"President Han, please sit down first, I will talk to you after I finish talking with Minister Yin."

Zhou Wenhai asked Jin Xiujun to pour a cup of tea for each of them, President Han sat on the sofa in the distance, and David Yin sat on the chair directly opposite Zhou Wenhai's chair.

"Minister Yin, how much do you plan to lower the bid price this time?"

Zhou Wenhai wanted to hear David Yin's opinion first.

Although Yin Dawei's position is only a minister, he is the actual manager of the five-star construction club. Zhou Wenhai promised him that as long as he can win and complete the project, he will be promoted to the vice president of the five-star construction club.

"Chairman, I think that if you want to win the bid and maximize profits, the downside ratio should be no less than 10%."

David Yin spoke vaguely.

"So, how much should it be, Minister Yin, please give me an accurate answer."

Zhou Wenhai said seriously.

"I suggest a 12 percent drop."

David Yin said decisively.

"Minister Yin, if we win this project, have you calculated how much our profit will be?"

"The construction content of this project includes highway works, municipal works and construction works, and the scope covers the entire Jeolla-do. If we really win this project with a 12% down rate and do a good job in construction management, I think the profit Should be around 10%."

Zhou Wenhai calculated in his mind the 10% after the 1 trillion plus 12%. According to David Yin, he could make a net profit of about 88 billion won.

The profit of 88 billion won is very attractive to most companies, Zhou Wenhai fell into deep thought.

"Minister Yin, if we reduce the profit to less than 80 billion, how many clubs do you think will have a lower price than ours?"

Zhou Wenhai intends to further increase the proportion of floating down.

"Large companies like Daewoo, Samsung, and Hyundai have high labor management costs, and generally do not reduce their profits below 10%, and other small companies cannot advance so much funds in the early stage, so I think if the president If you increase the downside ratio to about 16%, then we have an 80% chance of winning the bid.”

David Yin shared his experience in the construction industry for so many years.

"Minister Yin, what I want is to win the bid 100%, how about setting the bid down ratio at 18%?"

"I once participated in a bidding activity for a government project when I was in Dalin Construction. At that time, Dalin Construction was the bid in the following 18% ratio, but because it was a water conservancy project, the profit was as high as 23%."

David Yin said with an embarrassed smile.

"Okay, then 19%."

"President, I hope you will think again. The scope of this project is very wide. According to the construction period, we will not only invest a lot of money and labor, but also face many unknown risks. In the end, the profit may be less than 8%."

This is also one of the reasons why other small and medium-sized construction companies are unwilling to participate in this bidding activity.

"It's okay, Minister Yin, do as I say."

Without a system, Zhou Wenhai wouldn't have dared to lower the ratio by so much.

"yes."

His president gave the order, and David Yin had no choice but to follow through.

"Minister Yin, if you have nothing to do, go back first."

"yes."

After David Yin left, President Han took his seat.

"President, thank you for transferring Jing En back from Huaguo."

President Han bowed and thanked.

"It's nothing, President Han, I asked you to stay this time because I want to hear if you have any ways to make our five-star department store win this time in the purchase of product coupons?"

Zhou Wenhai still asked the other party's opinion first.

"President, if we compete openly and fairly, our Five-Star Department Store really won't have an advantage."

President Han said helplessly.

"President Han, my clan is in charge of this procurement plan, he will help us, just tell us."

Unknowingly, Zhou Wenhai lowered his voice.

"Yes, if this is the case, President, I suggest that we can win locally."

The sadness on President Han's face disappeared instantly, he said with a smile.

"In terms of place? What do you mean?"

Zhou Wenhai asked half-knowledge.

"President, our five-star department store is definitely not superior in terms of strength compared with Lotte Mart and New Century Department Store, but their shortcomings are not without. Their supermarket industry is mainly concentrated in Seoul, Gyeonggi-do and South Korea. In the six metropolitan cities, we can definitely open five-star supermarkets to various cities and counties, and there are also many grassroots civil servants in these places, so we can win based on this one during the review.”

Going deep into the grassroots, President Han's words hit the lifeline.

"However, if we want to open five-star supermarkets to all parts of the country in a short period of time, will it not be enough time?"

Regarding this point, Zhou Wenhai was a little worried.

"No, it will take at least 10 days for the procurement to go from online publicity to formal review. If you agree, I will send people to open supermarkets across the country tomorrow. We can first sign an acquisition agreement with a small local supermarket. In this way, there is no need to re-apply for a business license, which can save a lot of time.”

President Han's words resolved Zhou Wenhai's concerns, and he immediately nodded in agreement with President Han's strategy.

"President, do you know the total price of the commodity vouchers purchased this time?"

"1.2 trillion won."

Zhou Wenhai's words made President Han's mouth open. Fortunately, he owns 2% of the shares of Five Star Department Store, so he can make a lot of money.

"Yes, President, I will do my best to handle this matter well."

President Han stood up and said.

"Okay, thank you for your hard work, President Han, go back and rest."

Zhou Wenhai stood up, shook hands with him and said.

...

Central District, Seoul

Shilla Hotel, where Seo Kyung Bae hosted Hong Seok Joon, Seo Seung Hyun, Jung Eui Sun and Lee Sun Ho.

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