Xuan Yizhu hesitated for a moment before saying:
"As far as I know, there was a loss of 200 billion won (about 1.1 billion RMB) last quarter."
Park Jin Hyuk couldn't help but frown. Although he knew that the company's operations could not always be smooth sailing, if the loss in one quarter reached 200 billion yuan, it meant that the situation was very serious.
"And that's not all. With most projects in the Middle East delayed or suspended, losses in the second half of the year are likely to be even greater."
"That's a serious problem."
Unlike DS Group, Dongjing Industry has only one main business, which is construction business.
Although it also operates holiday villas and golf courses, these are all centered around the core construction business.
If the main construction business encounters difficulties, it is like a person suffering from severe arteriosclerosis.
"Therefore, Dongjing Industry has placed great hopes on the Laem Chabang project. It can be said that this project, to a certain extent, determines the survival of the company."
“Is it that serious…?”
"Because Dongjing Industry had previously used most of its funds to purchase land for the new urban project, it was forced to introduce financial investors due to insufficient funds."
“How much did the investor originally plan to invest?”
"It was about 700 billion to 900 billion won, but now they say they can only invest 200 billion won (about 1.1 billion RMB)."
Park Jin Hyuk thought for a moment and said:
"Hmm... the original plan was to use investors' funds to start this project, and then rely on the project's rolling profits to complete the project, is that right?"
"You are absolutely right. After the project is launched, funds will come in from the Thai government, so launching the project is very important."
"Are they still counting on using the cash flow from this project to subsidize other projects?"
"That's right."
With limited information, Park Jin Hyuk quickly grasped the overall situation.
He was calculating in his mind.
Dongjing Industry is my grandparents' family, and now it is a partner of DS Construction. I have to help it solve the problems it faces.
He said to Xuan Yizhu:
"Can't we find new financial investors?"
"In the current economic climate, it's difficult to find new investors. Finding these financial investors took a lot of effort on the spot."
"How about this, when you go back, send me the consortium's cooperation agreement and the project plan, and I'll figure out a solution."
"Okay, I'll arrange for someone to send it to you as soon as possible."
Then, the two of them talked about the construction of the BioLogics factory, and then Xuan Yizhu got up and said goodbye.
*** *** ***
A few days ago, Hyun Yi-soo sent the consortium's cooperation agreement to Park Jin-hyuk.
After watching it, Park Jin Hyuk said to himself:
“This is a very good project.”
According to the agreement, DS Construction holds a 20% stake in the consortium.
The project's estimated revenue is 2 trillion won (about 10.6 billion RMB).
However, Park Jin Hyuk discovered that the value shown at the top of the agreement was 3 trillion won (about 15.9 billion RMB), indicating that this project could bring considerable additional benefits and value.
It can be concluded that Limchaban’s project is a very good project.
"...Dongjing Industry is optimistic about this project, and for good reason. We can't give up on this project and must continue."
For DS Construction, if it does not do this project, it can also choose other projects.
But for Dongjing Industry, this is not the concept.
If Park Jin Hyuk can help Dongjing Industry solve the problems it faces, it would be equivalent to pulling Dongjing Industry back from the brink of bankruptcy.
Dingdangdang~
At this moment, Jin Junyu knocked on the door and walked in.
"Manager Park, guests from the Bayer Group have arrived."
"Yeah?"
Not long ago, Germany's Bayer Group contacted DS Pharmaceuticals and requested a meeting with Park Jin Hyuk.
He tactfully told the other party that he could contact the heads of DS Pharmaceuticals and BioLogics, but the other party insisted on meeting him.
On the way to the meeting room, Kim Jun-woo said to Park Jin-hyuk:
"The German guests came directly from the airport, still carrying their luggage. They were accompanied by the president of Bayer Korea."
Park Jin Hyuk stopped.
"The president of Bayer Korea came with them. What's their rank?"
"It's Dr. Schneider, Bayer Group's Vice President and General Manager of the Americas, and CFO Baumann, the Group's Chief Financial Officer."
"What?"
"They didn't bring any other entourage with them, only the president of Bayer Korea."
As a senior executive of a world-class company like Bayer, he rushed to South Korea without any entourage, which could not but surprise Park Jin Hyuk.
He quickly asked:
"How do they look? Didn't you just say they came straight here after getting off the plane?"
"They looked very tired, but the three of them were constantly discussing something, as if they had encountered something."
"What on earth are they coming for?"
"Should we call President Mao over?"
"Well, tell him to come over too."
Jin Junyu hurriedly ordered another staff member beside him to notify Mao Dayong.
As they were talking, they had already arrived at the door of the conference room. The translator was already waiting for them at the door, so the three of them walked into the conference room together.
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