Investor That Can See The Future

Chapter 309

Faces from the news sometimes gathered in the headquarters meeting room.

SSK Group Chairman Chae Won-tae and CL Group Chairman Yang Jun-mo. In addition to the two, Park Dong-wook, president of SSK nix, Chae Won-ho, president of SSK Innovation, Yang Yang-young, president of CL Chemical, and Yang-kyung Yang, president of CL Electronics also attended.

We’ve met at the Blue House or a hotel before.

“nice to meet you.”

Taek-gyu smiled slyly and said to the president of CL Chem.

“Is your daughter doing well?”

At that, CEO Ho-Young Yang smiled awkwardly.

“Then I apologize once again.”

Yang Ha-na is the daughter of CEO Yang-young Yang. In the past, there was an argument with Taek-gyu at a party.

I poked Taek-gyu on the side to tell him to stop, and then said with a smile.

“This guy was joking. Don’t worry about the past.”

We said goodbye and sat down.

I looked at President Yang-Young Ho and President Won-Ho Chae and said.

“These days, the stock prices of CL Chemical and SSK Innovation have fallen a lot.”

Their faces hardened slightly at my words.

There are three major battery manufacturers in Korea. Seoseong SB, CL Chemical, SSK Innovation. However, while Seoseong SB soared, other secondary battery stocks continued to plummet.

The most expensive component in an internal combustion engine vehicle is the engine, while the most expensive component in an electric vehicle is the battery. Since batteries are the core of electric vehicles, each company has been competing fiercely.

Both CL Chemical and SSK Innovation were evaluated as possessing outstanding technological prowess and won supply contracts from automakers one after another. In preparation for the future market growth, R&D investment was also not neglected. Thanks to this, the performance of the NCM battery has improved beyond comparison with the past.

By the way… … .

With the OTK battery, things have completely changed. Even when it was first announced, mass production was expected to be difficult, but it has succeeded in commercialization.

The research and development of the two companies, which had been pouring out enormous amounts of money, was temporarily suspended. The only thing that can only be made by improving the NCM battery is a better NCM battery.

Although next-generation batteries such as all-solid-state batteries and new materials are being developed, there is no guarantee that they will succeed, and even if successful, it is difficult to surpass the performance of OTK batteries.

Perhaps they have obtained and analyzed OTK batteries, but they may not have been able to find out about the core technology, and even if they did, production would be impossible until the patent right was released.

Once the direction is confirmed, we will try to find a way to circumvent the patent, but it will not be easy.

Fortunately, the production of OTK batteries is limited, and TS Company does not supply large-sized batteries for automobiles to other companies. Therefore, other automakers have no choice but to continue to use the existing NCM batteries. However, the price of NCM batteries was gradually declining, and so was the sales volume.

According to Chairman Im Jin-yong, the Volkswagen Group and Fiat Group have requested to revise the quantity and price of the existing contract.

Eunsung Motor, which was cooperating with CL Group in the electric vehicle field, has turned to us, and cooperation with GM will also be cut off completely after the end of the existing contract.

“As you know, unmanned electric vehicles are connected to all fields. battery, telecommunications, electronics and so on. Among group affiliates, SSK Innovation, CL Chemical, SSK Telecom, CL Telecom, SSK Nix, and CL Electronics are directly related. So, first of all, I would like to propose the consignment production of OTK batteries to CL Chemical and SSK Innovation.”

As the stock price plummeted, the plantation of the two seemed to be bad. It would hurt your pride to do consignment production instead of batteries that were produced with your own technology.

However, the state-of-the-art NCM battery technology became obsolete in an instant due to the advent of OTK batteries. There will not be a lack of demand for a while, but a carriage is a carriage no matter how well it is made.

“We need more batteries, and both groups are stuck at 60 percent plant capacity. As you may have already heard, Seosung Electronics also lacks its own production volume, so we plan to request a foundry from Taiwan’s TMSC or SK nicks. I think there will be a lot of work to be done in the future, what do you think?”

Chairman Chae Won-tae and Chairman Yang Jun-mo both look immersed in thought. A few years ago, I would have never imagined that I would hear such a story from a young blue-eyed young man.

The answer seemed to have been decided.

Businesses prioritize profits. Self-esteem is not something to feed.

* * *

I received a call from Professor Myung-Jun Kim after a long time.

[Congratulations on the successful pre-order for Karos.]

“Thank you.”

[Not only our department, but also the chemistry department and the automobile department have very high expectations. Thanks to them, everyone is liking me so I don’t have to worry about getting a job.]

“Ok?”

[You said you are also cooperating with the SSK group and the CL group? What is this? The Korean economy is now being fed by OTK Company.]

Seeing you constantly complimenting me, I feel like I have something to say.

“If you have something to say, you can do it directly.”

[okay? Then please… … No, let’s make one request.]

“… … .”

Isn’t this too direct?

“What kind of request is it?”

[You know the Korean Symphony Orchestra?]

“I know. They come to Korea University once or twice a year to perform.”

I’m not the type to listen to classical music, so I didn’t listen to performances.

[right. It was created in 1955 with the students of the Hankuk University of Music as the main axis, and it is an orchestra with a long history that has been passed down to this day. Even in Korea, it is recognized around the world by holding it in the top three fingers.]

“So?”

[As the history is deep, the Korea Music Center, which is used as a practice room and performance hall, is also old. I received a safety check this time, and repairs are urgently needed. The facilities need some improvement. So now we are looking for corporate sponsorship… … .]

“Are you asking for support from OTK Company?”

[I am a person who neither receives nor does this kind of request, but the head of the instrumental music department at Hankuk University asked me to do it.]

“Are you the head of the instrumental music department?”

The College of Music building is far away from the College of Business Administration, so it is rare to encounter them. Even so, among the students of business administration, there is no one who does not know who the head of the instrumental department is.

because… … .

“It’s your mother.”

[…] … So.]

Professor Myung-Jun Kim took a deep breath and said.

[If another professor told me, I’d cut it with a knife, but what about my wife? They peck every day, but you have to be able to stand it. There are a lot of disciples in the members right now, so I’m worried. You don’t have to pay a lot, just pretend to donate even a small amount. If OTK Company makes a donation, won’t other companies also support it?]

It is not a very difficult request (?).

It is also the role of capitalists to actively support art once they have made money.

In the case of the Medici, they sponsored Botticelli and Michelangelo and left many works of art, Andrew Carnegie built Carnegie Hall, and the Rockefellers built Lincoln Center. Seoseong Group and CL Group are also operating art halls.

Even if you can’t do that, you’ll be able to pay enough support.

“Bare?”

Professor Myung-Jun Kim was taken aback by my words.

[Huh? What do you want from a poor professor?]

I said with a smile.

“There is no free lunch in the world.”

[Sheesh, did I teach you too well? Can I tell you to contact them first?]

“Okay.”

[Ah! And one more thing. never get married This is the greatest lesson a teacher can give to a disciple.]

“… … .”

To say it was a joke, it felt intensely sincere.

* * *

A middle-aged woman wearing glasses came to the office.

“Good morning. Park Hye-jin, president of the Korean Symphony Orchestra.”

“welcome. nice to meet you.”

It is the conductor who leads the orchestra, but the task of the representative is not easy. She has to manage the members of the band, and is also responsible for the performance schedule and rental. But the most important thing is to secure a budget.

Revenue comes in every time we perform, but it is difficult to maintain by that alone. Unless it is a large and successful orchestra, support from local governments and corporate sponsorship is essential.

In particular, in the case of facility renovations that require a huge budget like this one, the Seoul Metropolitan Government also expressed displeasure, and in the end, the CEO is walking around to raise money himself. However, since the circumstances of large corporations are not good these days, it seems that it is not easy to get support.

There are various reasons why companies support culture and arts. First of all, tax cuts are given (although we are not eligible as corporations are tax havens anyway), and businesses can be promoted. It is a bonus that various benefits are given when attending concerts. Invitation to special performances, exclusive seats, VIP treatment, etc.

Taek-gyu asked.

“How much do you need?”

Then, CEO Park Hye-jin said cautiously.

“It’s 27 billion won.

Hearing the amount, we looked at each other face to face.

She quickly added her words.

“Ah! Not all of this money is being sponsored. Just a little bit of support is enough.”

Taehyung said in a low voice.

“I thought tens of billions of dollars, but I think it will be cheaper than I thought.”

“Yeah.”

I also thought about 100 million. How much would you like to pay for this?

Before I could finish thinking, Taek-gyu said.

“We will support all of them without having to visit many places.”

At that, CEO Park Hye-jin jumped up from her seat and bowed her head.

“I, really? Thank you.”

“There is only one condition.”

“Conditions?”

“Well, it’s not that difficult, don’t worry. nothing else… … .”

When she heard Taek-gyu’s condition, she was surprised. I was surprised too. What nonsense is this?

After a while, Park Hye-jin, who regained her consciousness, stuttered and said:

“So, you’re saying you want us to perform Lost Fantasy music with an orchestra?”

“There is a lot of good music in that game. In particular, the ending song of 7 and the opening song of 12 were really touching. Have you ever heard of it?”

“no.”

“You haven’t heard that famous song? That’s sad. It’s on A-Tube, so give it a listen. The admiration will come naturally.”(Read more @ wuxiax.com)

I said confused.

“What kind of Lost Fantasy Orchestra is all of a sudden?”

“I’ve been thinking about it ever since. As everyone knows, next year is the 30th anniversary of the release of Lost Fantasy.”

“… … .”

Everyone knows, why didn’t I just know?

“If we hold a concert to commemorate the 30th anniversary, wouldn’t it be a good memory for Lost Fantasy fans?”

“If you perform it with an orchestra, who will listen?”

“The fans listen.”

“The music concert demand group and the game demand group are completely different.”

“Why do you think it’s different? How much do gamers invest in sound? We even have our own gaming headset. We play games and listen to music.”

“… … .”

What? It’s pretty logical, so it’s hard to argue with.

Taek-gyu clenched his fists in excitement and shouted.

“How long are you going to play only Mozart and Beethoven? The time has come for the orchestra to play new music.”

“That’s because the only musicians you know are Mozart and Beethoven. Johann Strauss II or Johannes Brahms.”

“And there’s also Kondo Hayashi.”

“Who is that?”

“As everyone knows, Lost Fantasy music director. Did you not know?”

“… … .”

Why the hell am I still not included in all of them?

Taek-gyu looked at CEO Park Hye-jin and asked.

“Is it difficult?”

“Oh, no. It’s not difficult… … .”

“Think. This is an opportunity to introduce the name of the Korean Symphony Orchestra to the world. If I support publicity a lot and make bread… … No, if you lose, we will cover the entire cost. At least it’s going to be a box office hit and make money.”

CEO Park Hye-jin had an expression that was not at all reluctant. However, a donation of 2.7 billion won is at stake.

That would be too large an amount to refuse.

Art is a very noble thing, but wouldn’t it be worth the money?

She nodded as if she had made a firm decision.

“I’ll do it.”