"Chairman, the initial investment for this project is too huge, and subsequent operations will certainly require continued investment. Can we afford it?"
"After construction is completed, there will be no problems with subsequent operations. In the past, when cooling technology was immature, such data centers were built in cold climates. With the emergence of new cooling technology, there are no problems in building and operating such data centers in our country."
Kim Jong-jin immediately responded to the executives' concerns.
Park Jin Hyuk nodded with satisfaction and continued:
"Not long ago, I saw a report that DS Telecom held more than 30 trillion yuan (about 159 billion RMB) in margin. Our annual sales don't even reach 30 trillion yuan, yet we hold so much margin."
"Chairman, the deposit is to cover possible unexpected situations."
"What's the unexpected situation? Verizon (Note: Verizon Communications is the largest wired and wireless communication service provider in the United States) only holds $20 trillion in margin. We only have a quarter of its users, yet we hold so much margin. Is our fund operation and management level too low?"
Park Jin Hyuk stood up from his seat.
He said to Kim Jong-jin:
"The so-called new projects I've seen so far are all too conservative. How can they possibly make money without investment? Our future new business will be the data center platform project. Director Jin, please submit a detailed project plan to me as soon as possible."
After saying that, Park Jin Hyuk walked out of the meeting room.
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