Rebirth I Am a Chaebol In Korea

v3 Chapter 54: Go to the grassroots

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

"Yes."

President Shin's expression remained unchanged.

"Fifth thing, President Han, I heard that the Ministry of Finance will allocate a sum of money to purchase shopping vouchers for supermarkets. You will also keep them after the meeting. I want to discuss this with you."

"Yes."

"The sixth thing, I decided to transfer Han Jingen back from China. After Jingenxi returns, he will take the post of head of the secretary office of Minister Luo."

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 buy an LCK club. Minister Luo will handle this matter."

"Yes."

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

"Well, if you have no other opinions, let's stop here for today's meeting. Except for President Han and Director Yoon, everyone else will leave."

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

"President Han, take a seat first, and 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 was sitting on the sofa in the distance, while David Yin was sitting on the chair directly opposite Zhou Wenhai's chair.

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

Zhou Wenhai would like to hear David Yin's opinion first.

Although David Yin's position is only 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.

"Sir President, I think that if you want to win the bid and maximize profits, the downward rate should be no less than 10%."

David Yin said more vaguely.

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

Zhou Wenhai said solemnly.

"I recommend a 12% downward float."

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 engineering, municipal engineering and construction engineering, and the scope includes the entire Jeolla Road. If we really win this project at a 12% floating rate, and then do a good job in construction management, I want to make a profit It should be around 10%."

After the 1 trillion yuan floats by 12%, Zhou Wenhai calculates the 10% in his head. According to David Yin, then he can make a net profit of about 88 billion won.

The profit of 88 billion won is very attractive to most companies, and Zhou Wenhai is lost in thought.

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

Zhou Wenhai intends to further increase the float ratio.

"Large companies like Daewoo, Samsung, and Hyundai have high manual management costs and generally do not reduce their profits below 10%. Other small companies can If you increase the downward rate to about 16%, then we will 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 floating rate of bid 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 that fell below 18%, but because it was a water conservancy project, the profit was as high as 23%."

Yin David said with an awkward smile.

"Okay, then 19%."

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

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

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

If there is no system, Zhou Wenhai would not dare to float so much.

"Yes."

His own chairman gave the order, but David Yin had to follow suit.

"Minister Yin, you can go back first if there is nothing wrong."

"Yes."

After David Yin left, President Han took his seat.

"President, thank you for transferring Jingen back from China."

President Han bowed and thanked.

"Nothing, President Han, this time I asked you to stay because I want to hear if you have any way to make our Five Star Department Store win this purchase of merchandise coupons?"

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

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

President Han said helplessly.

"President Han, my clan is responsible for this procurement plan. He will help us. Just talk about it."

Unconsciously, Zhou Wenhai lowered his voice.

"Yes, if that's the case, President, I suggest that we can win from the place."

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

"From the place? What do you mean?"

Zhou Wenhai asked half-knowingly.

"Chairman, our Five Star Department Store is definitely not superior in strength compared with Lotte Mart and New Century Department Store, but their shortcomings are not without them. Their supermarket industry is mainly concentrated in Seoul, Gyeonggi Province and In the six metropolitan cities, we can open five-star supermarkets to various cities and counties. There are also many grassroots civil servants in these places. You can win the review based on this rule."

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

"But is there not enough time to open five-star supermarkets across the country in a short time?"

Zhou Wenhai is a little worried about this.

"No, it will take at least 10 days for the purchase from online publicity to formal review. If you agree with the president, I will send someone to open supermarkets across the country tomorrow. We can first sign an acquisition agreement with a local small 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, don't know the total price of the merchandise coupons purchased this time?"

"12,000 billion won~lightnovelpub.net~ President Han's words made President Han's mouth open. Fortunately, he owns 2% of the shares in Five Star Department Store, so that he can also make a lot of money.

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

President Han stood up and said.

"Okay, thanks for your hard work, President Han, go back and rest soon."

Zhou Wenhai stood up and shook hands with him.

...

Jung-gu, Seoul

At the Shilla Hotel, Xu Qingpei hosted a banquet for Hong Suk-Jon, Seo Seung-hyun, Jung Yi-sun and Lee Sun-ho.

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