Chapter 170 We are all friends
After Jiang Yiyu heard this, he turned and exchanged a look with Shen Wuguo, and then said bluntly: "So, has your partner been confirmed?"
The partner he asked here must be the contractor of the data center. This so-called contractor is not just the contractor of the property, but also the supplier of corresponding equipment and the operation and maintenance party that provides technical support. Yes, there is no doubt that this entire set of projects, from building material supply to construction, Equipment procurement, technical maintenance, etc. are generally all handled by one contractor.
In South Korea, there are many companies that can provide this kind of construction services, but the top ones in the industry are definitely Samsung C&T, a subsidiary of Samsung, and LG Telecom, a subsidiary of LG. To be honest, even if NGN conducts a bidding process, the contractor with a high probability of winning the bid will only be chosen from two companies: LG and Samsung.
Of course, there is another possibility that people dislike NGN’s projects as being too small, so they do not participate in the bidding. But even in that case, other contractors participating in the bidding will only use LG or Samsung. Servers, refrigeration equipment, backup power supplies, etc. In other words, those small and medium-sized contractors are just working for large chaebols such as Samsung and LG.
Where do we see the control that chaebols like Samsung have over the entire South Korea? Yes, just look at this kind of thing. All aspects of the country's economic operation are inseparable from them. It can even be said that once these chaebols collapse, the entire South Korea will also collapse.
"Why, Brother Yiyu is still doing this kind of telecommunications contractor business?" An Rusong asked curiously.
“Haha, it’s not specifically for the business of Rusong’s brother’s family,” Jiang Yiyu said with a smile, “The main reason is that Wu Guo and I had previously invested in a company and were the major shareholders, well, that’s it. You should have heard of Jinya Technology, which specializes in the field of telecommunications engineering and is quite famous in Seoul.”
An Rusong was really surprised, because he really knew about Jinya Technology. The company's headquarters is in Chengdong District. It is a relatively powerful telecommunications engineering company in South Korea, and this company actually specializes in contracting Samsung companies. For its business, such as server equipment, they use mainstream servers, Samsung's W series.
"Brother Yiyu and Brother Wu Guo hold shares in Jinya Technology?" An Rusong asked in surprise, "But isn't the president of Jinya Technology Chairman Bian Xijun?"
"President Byun Hee-kyun is Wu Guo's uncle," Jiang Yiyu said with a smile.
"Oh," An Rusong suddenly realized. It seems that Shen Wuguo's family has some relationship with the Li family behind the Samsung Group. Otherwise, his uncle would not be able to make Jinya Technology what it is now. kind of scale.
Of course, the scale of Jinya Technology is not that big, and it has not been listed on the market, but having said that, this company lives entirely on the leftovers of Samsung C&T. To put it bluntly, if Samsung C&T is too lazy to do some small and medium-sized telecommunications projects, it will be handed over to Jinya Technology. In other words, Samsung C&T will directly subcontract some of its projects to Jinya Technology.
Don’t underestimate the projects that Samsung C&T has missed. It is enough to support many small and medium-sized enterprises.
"Brother Yiyu, do you want to take over NGN's data center project?" After thinking about it, An Rusong asked directly.
"Is it okay?" Jiang Yiyu asked with a smile.
"Well, it shouldn't be a big problem," An Rusong glanced at Shen Wuguo and said with a smile, "At that time, the bidding process will still have to go through. You also know that NGN has completed the first A round of financing brought in two partners, so even though I still control the company's management, a project with a large investment like this still needs to go through the process. "Cheng's."
Picking up the wine glass in front of him and taking a sip of wine, he continued: "You two brothers don't have to worry about losing the bid. When the time comes, I will reveal the bottom of the bid to you. , In short, I will definitely not disappoint my brothers in the end.”
What An Rusong said was not to fool people, but the current reality of NGN Company. The careful investigation of NGN by DFJ and Apple is not over yet, and even if it is over, they will station special personnel in the company to keep an eye on the company's financial situation at all times.
The money they put in was intended to help NGN Company develop, rather than be provided to An Rusong to squander at will. Therefore, if he was going to build a project like a data center, he would not go through bidding directly. Defengjie and Apple will definitely not accept subcontracting to related parties at will.
Jiang Yiyu and Shen Wuguo certainly knew this, so they naturally agreed with An Rusong's statement.
Moreover, the construction project of this kind of medium-sized data center must contain enough profits. Even if it goes through the formal bidding process, Jinya Technology will definitely make some money. The most important thing is that as an affiliate of Samsung, as long as they win this project, they will be able to make money from both ends - from NGN for the cost of equipment purchase and center construction, and from Samsung for the sale of the equipment. Money, when the two are combined, their profits are really not low.
So, what they asked for was not that An Rusong threw the project directly to them, but that they actually won the project in the end.
As for An Rusong, as long as Jinya Technology has the relevant qualifications and capabilities and the equipment provided meets the standards, he really doesn’t mind leaving the project to the other party. Under the premise of the project, why not sell Jiang Yiyu and Shen Wuguo a favor?
As for whether the project can ultimately meet the standards, he is not very worried, because the project acceptance requires three-party acceptance. Jinya Technology can play tricks under An Rusong's nose, but It is impossible to slip under the noses of DFJ and Apple. If those Americans can accept the money cheated by others, An Rusong will naturally accept it too. "Haha, Rusong is just a good friend," after hearing An Rusong say so, Jiang Yiyu and Jiang Yiyu still have nothing to say? The latter happily patted him on the shoulder and said, "Come, let's have a drink."
An Rusong did not shirk. He picked up the wine glass with a smile and drank the wine in one gulp.
"Rusong, from today on, we are no longer outsiders." When he put down his wine glass, Shen Wuguo pushed the woman sitting between them aside, then moved his buttocks and sat directly on An Next to Rusong, he said, "Brother has a request for you."
"Brother Wu Guo, tell me," An Rusong looked at the other person, made a listening expression, and said.
“NGN will definitely enter a period of rapid development in the future,” Shen Wuguo put his arm around his shoulders and said, “Since it is a period of rapid development, it will inevitably require large amounts of capital investment, and capital is something , you can either find financing and exchange shares for capital, or you can find a bank loan and pledge equity in exchange for loans.”
After hearing what he said, An Rusong understood what the other party's request was.
"My brother's request is very simple. At Busan Bank, my brother can't say how much effect his words can have," Shen Wuguo continued, "But in Seoul, at the Seoul branch of Busan Bank, my brother's words are still very important. Useful, in the future, if NGN needs a loan If it’s less than 10 billion won, my brother can have the final say and guarantee you the lowest interest rate.”
An Rusong smiled secretly in his heart. The Bank of Busan is indeed very powerful. As the president of the bank, Shen Eunhyuk. The right to speak within the bank must also be very important. But to say that Shen Wuguo could decide on an external loan of 10 billion won on his own, An Rusong would not believe it under any circumstances.
That's 10 million US dollars, not 10 million yen. He, a young man in his early twenties, can decide whether to approve it or not? No kidding.
Compared with Shen Wuguo's statement, An Rusong believes that NGN has been targeted by financial institutions like Busan Bank. For them, NGN Company is a potential high-quality credit customer, so , as a local bank, the headquarters of Busan Bank gave the Seoul branch a credit authority to quickly approve NGN Company's 10 billion won.
In other words, if NGN Company applies for a loan from Busan Bank Seoul Branch, the Seoul Branch can directly approve it as long as it does not exceed 10 billion won.
But Shen Wuguo only counted this authority as his own. Of course, his purpose was probably not to raise his own worth, but to attract An Rusong to get a loan from Busan Bank.
An Rusong can see through this, but he will not expose the other party's lies. After all, it would be pointless to do so.
"Haha, how can we say this is a request? This is clearly Brother Wu Guo taking care of me." He reached out and took the wine bottle from a woman's hand, and An Rusong filled up Shen Wuguo's wine glass. Jiu, smiled and said, "Brother Wu Guo, don't worry, I will definitely be in trouble in the future. Yours, as long as NGN Company has financial needs, I will be the first to come back to you. When the time comes, don’t rush out.”
What he said was not funny, but. The two people present still laughed a lot, and everyone looked the most loyal.
But An Rusong knew very well in his heart that if NGN's good development momentum could continue, then a large number of banks would naturally come to him in the future, scrambling to provide him with loans, and some would even give him loans. Use some tricks or something.
But if NGN encounters any trouble, once its glory is gone, these banks will disappear without a trace in an instant. Those who can really stay by then will probably be loan callers.
So, for a company, when it least needs a loan, it is also when it is easiest to get a loan, and when it needs a loan the most, it is when creditors come to the door.
What does this mean? It just means one thing - struggle is really hard.
(End of this chapter)