The Chaebol Who Flies From Space - Chapter 40



Only Noblemtl

40. Family Fund Investment (4)

When my father saw my face, he started nagging me.

“Where did you disappear to in the middle of nowhere? I couldn’t find you no matter how hard I looked for you.”

“Someone asked me to meet you.”

“Who? Is there anyone here you know?”

“One of the directors working at Maotai was a college classmate of mine. We had a drink together.”

“Really? But it was an official event yesterday, so it wasn’t nice to see you missing.”

“Ah! Yes, yes.”

When adults talk, I use the skill of turning a deaf ear and letting things slide.

It was my grandfather who saved me from my father’s nagging.

“How much did you drink? Did you have a good conversation with the college friend you met? Didn’t he say that he had something to say to you when he met you alone while working here? If he didn’t hang out with the boss and called you out to hang out, it means that he must have a strong background.”

As expected of someone with a long history, he was quick to figure things out.

“That’s right. I heard about the circumstances of the company. After all, it’s very different from Korea.”

“I see, what kind of writer are you?”

“He was the financial director of Maotai. His successor is the Guangdong Province Party Secretary. He is his son.”

“You’re a princeling. If your father is the party secretary of Guangdong Province, then you have quite a high background. And since he’s a current member, it’ll be of great help when working in China.”

“Yes, I will help you if something happens. We are classmates and are of similar age, so we decided to be good brothers.”

“Haha, if he’s your older brother, then he’s my grandson too. I woke up and found out I have another grandson. Chief Investigator, you’ve also got another son.”

Grandfather joked with father.

“This guy wasn’t like this before, but as he gets older, he just keeps getting better and better. Where did this guy come from?”

My father was a tongue-clicking man.

“Who do you resemble? They all resemble you.”

“Oh no, Father. It’s not me.”

“No, that’s not true. As you get older, your face just gets thicker.”

My uncle grumbled as he drank a lot last night and slurped his ramen soup without saying a word.

“I invested, but I’m worried. Yesterday, the president bragged that there was nothing to worry about, but he said there were so many counterfeit liquor circulating around.”

As expected from a country where fakes are rampant, there were a lot of fake Maotai liquor floating around.

“Sanzai is a Chinese tradition with a long history. It’s not easy to uproot it. Even in the Song Dynasty, it was said that famous items were always imitated.”

“So how much damage would there be? If fakes dominate, wouldn’t the real thing be pushed out?”

“The authorities say they are strictly banning Maotai. We’ll just have to wait and see.”

“There won’t be any major problems, right?”

I needed to ease my uncle’s worries.

“Grandpa, have you ever been to China before?”

“Yes, I have been here before. I have been invited several times since the reform and opening up.”

“China has also changed a lot.”

My grandfather pondered my words and recalled old memories.

In the early days of opening up, we exported a lot of goods, but when the Tiananmen Square incident broke out and distribution was in disarray, we were unable to properly receive the export payments, so we ended up giving up.

“Shanghai Airport is different from before. It used to be hard to see Chinese people, but now there are a lot of them. Guiyang City is also a second-tier city in China, but there are a lot of new buildings being built.”

“They say the Chinese economy is developing. When the economy develops, there are products that sell well. Director Jang, whom I met yesterday, was also very optimistic about the Chinese economy. He said that each day is different.”

“That’s right. As the economy develops, the demand for high-quality alcohol also increases.”

My grandfather deeply sympathized with what I said. When I came here after a long time, I saw that the economic development rate was not ordinary.

“Director Zhang said that they make Maotai here and distribute it to wholesalers in each region, and they are all local powerhouses. They may not know about other liquors, but they crack down on counterfeiters, especially Maotai.”

“If it is not something else but your own understanding, then it is trustworthy.”

“You can trust that we will be able to achieve an operating profit of 51% of our sales every year.”

My uncle’s face brightened a little at my words.

“Operating profit of 51%? That’s really amazing.”

“I bought good stocks at a cheap price.”

“What’s so cheap about it? They bought it with a huge premium. The stock price yesterday was 12 yuan. The stock price didn’t move at all.”

“We will now begin stock price management.”

“You’re saying it’s going into stock management?”

It’s called stock price management, but in reality it’s nothing more than stock price manipulation. As is the case everywhere, if the stock price goes up, nothing happens.

“Originally, we were going to raise the stock price by buying on the market, but it seems like they are determined to do something about it.”

“Isn’t that illegal? Are the laws different?”

“Where is there any legality or illegality in making money? This is China, ruled by the Communist Party. If those in power want to do it, they do it.”

“I guess so.”

My uncle also lived in an authoritarian era similar to China today.

There have been more than a few entrepreneurs who have gone out of business after interfering with what those in power want to do.

Korea was like that too, but China was a dictatorship ruled by the Communist Party.

Even if they release it for openness, the fundamentals have not changed.

“But this is really good for hangovers. I don’t know which company made it, but it really makes me feel better.”

My father received my nagging.

“To change the subject, I heard the Russians love it. They are buying it like crazy for hangover cures. The employees can’t rest, can’t rest.”

He visited the factory in the afternoon and transferred the $400 million for the stock acquisition on the spot.

For this investment, J&P Investment Company, established in Ireland, has completed the paperwork to acquire shares in Moutai.

If I were to process it as a direct investment from Korea, I would feel uncomfortable with the way people around me looked at it. Considering various aspects, I decided to process it as an investment from an investment corporation in Europe.

In the three countries of Korea, China and Japan, political issues frequently shake the economy.

“It has been confirmed that the deposit has been made to the Kookmin Bank.”

When foreign exchange goes out of China, the processing speed is extremely slow for various reasons, but when funds come in, it happens in an instant.

“Please take care of me in the future as well.”

Director Jang, who had been waiting, spoke in English, conscious of the people around him, and asked to shake my hand.

“It’s the same. Please take good care of me too.”

Zhang Yilin winked at me as we shook hands.

It seemed like they had become closer to each other while drinking.

“Let’s have a cup of tea. I’ll leave this to the adults.”

“Yes, that’s right.”

As soon as I opened my mouth, he dragged me to his room.

“I work for a liquor company, so I drink a lot.”

Jang Yi-rin grumbled lightly to me.

“You look fine on the outside?”

“Oh my, every day is different. I have some good tea, so try it. It will make you feel better.

“Is it matcha?”

“This is called Yongdancha (龍團茶). It’s perfect for relieving stress after drinking.”

Jang I-rin put matcha in a tea bowl and stirred it to make foam.

Pour warm water into the bowl.

“It’s Japanese food.”

“Yes, unfortunately, our old traditions have been cut off. We are in the process of restoring them. On the contrary, it is said that Japan has preserved the tradition of drinking tea that has been passed down since the Song Dynasty.”

During the Cultural Revolution, many ancient works of art and other items passed down from ancient times were lost. Efforts were made to restore the old items one by one, focusing on those that barely survived.

Drinking the tea that Jang Yi-rin made definitely made me feel better.

As the warm tea went inside, my body felt warm.

“You really did it so quickly. Did you have it flown in?”

I sent a fax at night and had Maehrt shipped by plane in the morning. It was delivered straight from the airport to the location designated by Zhang Yilin.

Jang Il-rin was able to filter out the idiots by only selecting the best.

“It’s convenient if things are done as quickly as possible.”

“Good point. They sent me five bottles too.”

“I think there must be a place you need to go too, hyung.”

“Thank you.”

“I heard that the flowers used as ingredients are really special.”

“Yes, it is a type of thistle, but it is a variant that only grows in places with extreme daily temperature differences. It is being cultivated in a specially created smart farm, but the yield is still small.”

“It’s a flower that blooms in a harsh climate, so it has a really good fragrance. The old man said it smells like a celestial flower. I think the same.”

“There won’t be a lot of production in the future either. Starting next year, the quantity will be slightly increased and only about 100,000 bottles will be produced.”

“You have no intention of producing more?”

“No. That’s good enough. The price is the price, but growing the materials is not easy. If you’re not careful, the tree will die. I tried planting it in other places, but it didn’t grow well.”

It’s unlikely that would happen as long as the farm control program created by Ariel is running, but I was joking.

“It really is a precious liquor. Maotai is also a precious liquor, but it is not that difficult to make.”

“It is a precious liquor because only small quantities can be made.”

“Please continue to take good care of us in the future. Demand will only increase, not decrease. I don’t think it will be easy to obtain.”

“Brother, I need to get you supplies at any time.”

“I wish Maotai could be like this.”

Although Maotai is a good liquor, it is expensive, so demand among poor Chinese people is still limited.

“In the future, Maotai will become an expensive and hard-to-find liquor. Right now, the Chinese people are poor, but when the economy develops, won’t everyone become rich?”

“Then that’s what it should be.”

“Brother, you should also stock up on good Maotai. The price of Maotai will continue to rise in the future, and if you keep it for a long time, you will be able to get a higher price. The more time passes, the more money you will make.”

It was so-called high-class alcohol investment.

High-proof liquor like Maotai is not difficult to store.

“Really? I have some stockpiled now, but you want me to start making inventory and storing it?”

“If you have a warehouse to store your liquor in, it will become a great asset later on.”

“I have to follow what my brother says. Actually, I’ve been feeling anxious lately.”

“What are your concerns?”

“The business that the adults are doing seems dangerous to me. When the elders were in the position of General Secretary, no matter what problems arose, they could just cover it up, but now that a new person has taken over that position, if they get involved in vested interests like before, the repercussions will be endless.”

It’s not a new story that Shanghai is corrupt.

Former Secretary-General Kang Jeon-gyeom even told his subordinates not to let anyone catch him eating.

“You have to be careful. It seems like he’s holding out for a long time because he didn’t give up the position of Chairman of the Military Commission.”

“Ever since I was little, my father has been fond of me because I’m smart, but I’m distant from the people around me. My father is also close to my father, but it’s hard to say that he’s part of the mainstream Shanghai faction.”

“That’s fine. Right now, you still have the authority of an elder, so you won’t be pressured, but things will be different in a few years.”

“Corruption is a good excuse to pass it on.”

“We need to keep our distance as we are now, and draw a line towards the former Secretary-General.”

“That’s obvious. My father also had a relationship with General Secretary Hu since he was young. That means he doesn’t lean only to one side.”

The Shanghai Gang is an interest group centered around a boss. It is an organization created when former General Secretary Jiang was suddenly designated as Deng Xiaoping’s successor after the Tiananmen Incident, and high-ranking party officials in Shanghai took control of the central government under former General Secretary Jiang.

The same goes for the public hearing on the opposite side of the Shanghai area.

Which high-ranking Chinese government official did not join the Communist Youth League in his youth?

They all come together and split according to their own personal interests.