Investor That Can See The Future
Chapter 433
Chapter 433
[Jinhu Kang, exclusive conversation with Crown Prince Sulayman bin Salman][What happened?][Request Kang Jin-hoo to visit Saudi Arabia][Prince Sulaiman expressed great interest in OTK Company’s investment][K-Oil to build additional petrochemical facilities in Saemangeum… … ]The media published several speculative articles along with photos of Kang Jin-hoo and Crown Prince Sulayman talking while walking.
Crown Prince Sulayman told reporters.
“The conversation with CEO Kang Jin-hoo was very helpful. Saudi Arabia will continue to pursue economic cooperation with Korea.”
When he showed a very favorable attitude toward Kang Jin-hoo, the Internet heated up.
– He said he asked to come to Saudi Arabia.
– Do you want me to do something like Saudi investment minister?
-Hey, if you change your nationality to Saudi Arabia after the earthquake, it will be fun~
– So what will happen to the Korean government?
– There are princesses out there, aren’t you going to marry one of them and become royalty?
– What are you talking about? Jinhoo Kang has a girlfriend.
– There can be up to four wives.
-I’m tired ㅜㅜ I want to naturalize in Saudi Arabia
-Haha, if you have a head, think about it. Unless the male to female ratio is 1 to 4, when someone marries four wives, the three of them will be single for the rest of their lives.
-You are one of the three playing at home and commenting on the Internet!
-Huh. including you
– It seems that only Korea can treat investors of the century like this.
-Since the time of Park Si-hyung, it is a tradition that only Korean politicians know funny after Kang Jin-ho.
* * *
Oil money was also great.
During the four days of Crown Prince Sulayman’s visit to Korea, domestic and foreign media reported every move. In the midst of this, some giraffes posted articles saying that I could naturalize or immigrate to Saudi Arabia.
The Blue House and the ruling party did not mention it separately, but there were signs of embarrassment. Legislative discussions on earthquake reporting and punishment for offshore assets suddenly entered the scene.
After all, is there anything wrong with being friendly with a foreign leader?
Thinking so, at some point Taek-gyu was holding a Saudi Arabia travel brochure and a book called “Arabic First Steps”.
Sooner or later, he wraps a tob around his body and puts a capyerado on his head.
I screamed.
“Stop it, you idiot! What Saudi Arabia?”
“I want to go on a trip later.”
“Why are you going there?”
“The Crown Prince is coming to play. If you go, won’t you be treated as a state guest?”
“… … .”
Do you think I don’t know your dirty intentions?
I said to Taek-gyu, who had an innocent expression on his face.
“It’s terribly hot there. You don’t like the heat.”
“OK. You can turn on the air conditioner.”
That’s it.
Since it is oily soup, it is played generously in public facilities and shopping malls.
“You can’t access Lost Fantasy there.”
Taehyung was surprised.
“What? why?”
“I think it’s a violation of public morals.”
Lost Fantasy is a fantasy set in medieval Europe. Religion comes out, and the profession of a paladin comes out.
Of course, that religion is not Islam.
“Then what about porn?”
Of course, Faceit is also banned.
“If I get caught, wouldn’t it be right after I stretched out on my stomach?”
In fact, Saudi Arabia still enforces flogging.
In terms of GDP alone, Saudi Arabia should have risen to the ranks of advanced countries sooner. However, unlike the economic power that has grown with oil money, politics, society, culture, and the media are inferior to those of underdeveloped countries.
In particular, the rule system based on absolute monarchy and Islam produced side effects such as discrimination against women, oppression of the press, and state control.
The reason developed countries emphasize women’s rights, freedom of the press, and religious freedom is that they are universal values, but that doing so helps economic growth.
How can the economy be developed when women, who make up half of the population, are not fully utilized in the first place?
There would have been no problems when the money earned from oil exports was distributed to the people, but overall society must be reformed to boost domestic demand, develop technology, and foster manufacturing.
The reform measures implemented immediately include women’s participation in politics, expansion of women’s suffrage, watching women’s sports, and allowing women to drive… … Even if they are just doing this, the clergy are foaming at their mouths and opposing them for religious reasons.
Crown Prince Sulaiman will also have a headache.
Taek-gyu gently put the book in his hand.
“Saudi is going to play next time.”
* * *
I was contacted by Professor Homin Kim.
After we met, he was confined to the research lab and was only doing research. If there is no progress at all, he may not know, and the results seem to be in sight, making him even more frustrated.
[It is not easy to find a material that can replace geratinium.]
I am buying geratinium in the raw material market just in case. However, since the trading volume was so small, the price fluctuated quickly even after placing orders in small batches.
In fact, it should be considered impossible to purchase in bulk.
“Don’t push yourself too hard.”
[Did you see the battery released by BID this time? Chinese companies are already catching up fast.]There is no technology in this world that can be monopolized alone.
The fact that Professor Ho-Min Kim has created an OTK battery means that other people can make it as much as they want.
The emergence of new products provides a development direction to latecomers and reduces trial and error. If a patent makes it impossible to copy it as is, a way to circumvent the patent may be sought.
In fact, since the release of OTK batteries, the capacity of existing NCM batteries has increased by more than 30%.
Chinese and Japanese companies took advantage of the decline in cobalt prices to further expand their investments. BID released an electric vehicle equipped with a new battery and claimed to have increased the driving range to 800 km, and declared that it would surpass OTK batteries within the next year.
The possibility is not great, but it is not negligible either. The growth of Chinese companies is frightening as they are even backed by the state’s support.
Not one or two companies are rushing to develop next-generation batteries for OTK batteries.
If you stay still, someday you will catch up. We are also in the same position to prepare after the OTK battery.
Research shows that demand for high-capacity batteries is overwhelming across industries. Of course, what I thought was good was already being done by other people.
When I first thought of an electric airplane powered by batteries and motors, I had a question, ‘Is this possible?’ was doing
The biggest stumbling block is the battery. Capacity, price, and charging time are all issues.
Nevertheless, the companies did not slow down the development speed. Conversely, as long as battery technology develops, it is possible to secure greater economic efficiency than conventional airplanes.
Like electric vehicles, electric planes are advantageous in all aspects such as fuel cost reduction, eco-friendliness, and noise.
As there are still technical limitations to be applied to large passenger aircraft, the development of light aircraft with less than 10 passengers and manned drones is in progress.
In order to overcome the immediate technical limitations, there are hybrid airplanes that use both an electric motor and an engine like a hybrid car, and some places have recognized the limitations of secondary batteries and have turned to installing hydrogen fuel cells.
In the past, investment and development were gradual and phased, but recently, they have been progressing simultaneously.
After a high-capacity battery is first released, it is not investing in the development of airplanes, but rather pouring money in advance for manned drones and airplane technology, believing that battery technology will develop further in the future.
Now is the time for a paradigm shift in the industry.
As you can see from companies such as NPL, Gubul, and Facenote, the first successful companies enjoy a monopoly position. On the other hand, once you’re behind, it’s hard to take the lead again.
So both of you are jumping in with all your might. This is why Song Masayoshi created the Insight Fund and invested in it, and Crown Prince Sulaiman is trying to secure investment through Aramco listing by stealing the pockets of the royal family.
At some point, just as smartphones have become part of our daily lives, if you come to your senses, you may see drones carrying people moving between cities and electric planes moving between countries.
It will be useless to regret later after that time has come.
[Our future may depend on this battery.]I returned what Professor Homin Kim had said the other day.
“Batteries are the semiconductors of the future.”
[I know it well.]Everyone knows that, so they are investing hard and developing technology.
“Are you still coming to the wedding?”
[Then let’s go. See you then.]* * *
Private planes arrived one after another at Jeju International Airport.
It is rare for financiers and investors to come together like this. So, a week before the wedding, meetings were held, seminars were held, and there was talk about investment.
The runway was to the point of causing a traffic jam due to the private planes that landed and moved to the hangar.
It is the first time that so many private planes have flown at once since the opening of the airport. Besides, each of the people on it are giants who can be recognized just by hearing their name.
Airport staff paid attention to the arrival service. Hearing that Hollywood stars were coming to attend the wedding, fans from Seoul and Busan as well as Japan and China flocked to Jeju Airport, and Jeju Airport decided to deny entry to the airport at all except for those leaving the country.
The Ceylon Hotel as well as the Jeju Provincial Government made every effort to prepare. All employees returned their leave and went into emergency work posture.(Read more @ wuxiax.com)
Even a small accident could not tolerate even the slightest mistake as it would cause a fatal blow to the image of Jeju Island.
* * *
We arrived in Jeju Island.
We used regular aircraft for Jeju Airport, which suffers from a large number of private planes. The CEO I met at the Ceylon Hotel, Su-mi Lim, seemed to be exhausted.
Group work, Saemangeum investment, and even this wedding. Looking at her schedule so far, it’s surprising that she hasn’t collapsed.
Taegyu said.
“You are suffering because of my sister.”
President Lim Su-mi shook her head at her smile.
“no. Thank you very much for giving our hotel such a great opportunity.”
She has ambitions to develop Ceylon Hotel into a global hotel chain. Following the development of Saemangeum, this time was also a good opportunity.
If you can instill a good image for investors who attended the wedding, it will be of great help in future overseas expansion.
I asked Hyunjoo noona.
“How are you feeling?”
The older sister, who came first and finished the wedding rehearsal, shook her head and said.
“I didn’t know that a wedding would be so difficult. I just want to finish it quickly and go home.”
Ellie said firmly.
“What do you mean? After all, we have to play in Jeju Island until the weekend.”
Is this just the desire to play?
And finally, the day of the wedding came bright.
Luxury cars lined up to enter the hotel, and a police force was deployed around it for security. As coverage was not permitted, the hotel thoroughly blocked the access of the media and outsiders. Nevertheless, there were a lot of reporters from inside and outside the country at the entrance.
Taek-gyu has been wearing a suit for a long time.
He wears only sweaters that have been stretched out every day, but when he wears a suit that fits him well, he looks different. Before, he looked just like an otaku, now he looks like a successful otaku?
Taek-gyu stuck his tongue out.
“My sister’s wedding is going to be this big.”
Taek-gyu’s parents were also nervous about the scale beyond imagination. The two of them trembled slightly as they held each other’s hands tightly.
He must have never imagined that his daughter would be the protagonist of the wedding of the century.
Henry’s parents are surprisingly ordinary. After all, his father had no affiliation with Golden Gate business, and he is now a professor as an ordinary professor. However, as you can see from Henry, both of them are tall and have excellent looks.
Both parents greeted each other and prepared to welcome guests.
While Ellie and her older sister Hyunjoo were in the bride’s waiting room, I and Taekkyu also welcomed guests at the entrance of the wedding hall.
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