Chapter 170 We are all friends

Chapter 170 We are all friends

Chapter 170 We are all friends
After hearing this, Jiang Yiyu turned around and exchanged glances with Shen Wuguo, then said directly: "Well, have you decided on your partner?"

The partner he was asking about must be the contractor of the data center. This so-called contractor is not only the contractor of the property, but also includes the supplier of the corresponding equipment and the operation and maintenance party that provides technical support. Yes, there is no doubt that this entire project, from the supply of building materials to construction, to equipment procurement and technical maintenance, etc., is generally responsible for one contractor.

In Korea, there are many companies that can provide this kind of construction services, but the top companies in the industry are definitely Samsung C&T under Samsung and LG Telecom under LG. To be honest, even if NGN is put up for bidding, the contractor with a high probability of winning the bid will only be LG and Samsung.

Of course, there is another possibility, that is, people think that NGN's projects are too small, so they do not participate in the bidding. But even if that is the case, other contractors participating in the bidding will only use LG or Samsung's servers, refrigeration equipment, backup power supplies, etc. In other words, those small and medium-sized contractors are just employees of large chaebols such as Samsung and LG.

How can we see the control that chaebols like Samsung have over the entire South Korea? Yes, we can see it from 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 collapse.

"Why, Brother Yi Yu is still doing this kind of telecommunications contractor business?" An Rushong asked curiously.

"Haha, it's not specifically to do business with Brother Rusong's family," Jiang Yiyu said with a smile, "It's mainly because Wu Guo and I have already invested in a company, and we are the major shareholders. Well, it's Jinya Technology. You should have heard of it. It specializes in telecommunications engineering and is quite famous in Seoul."

An Rushong was really surprised, because he actually knew about Jinya Technology. The company's headquarters was in Chengdong District. It was considered a relatively powerful telecommunications engineering company in South Korea. This company actually specialized in undertaking Samsung's business. For example, in the field of server equipment, they used mainstream servers, namely Samsung's W series.

"Brother Yiyu and Brother Wuguo have shares in Jinya Technology?" An Rusong asked in surprise, "But isn't the chairman of Jinya Technology Chairman Bian Xijun?"

“Chairman Bian Xijun is Wu Guo’s uncle,” Jiang Yiyu said with a smile.

"Oh," An Rushong suddenly realized. It seemed that Shen Wuguo's family had some relationship with the Li family behind the Samsung Group. Otherwise, his uncle would not have been able to build Jinya Technology to its current scale.

Of course, Jinya Technology is not that big, and it is not listed, but the company survives entirely on the leftovers of Samsung C&T. To put it bluntly, Samsung C&T is too lazy to do some small and medium-sized telecommunications projects, so it will hand them over to Jinya Technology, or Samsung C&T will directly subcontract some of its own projects to Jinya Technology.

Don't underestimate the projects that Samsung C&T has missed, as they are enough to support many small and medium-sized enterprises.

"Brother Yi Yu, do you want to take over NGN's data center project?" After thinking for a while, An Rushong 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, "When the time comes, we still have to go through the bidding process. As you know, NGN has completed the first round of financing and introduced two partners. So, even though I still have the management rights of the company, a project with a large investment like this still needs to go through the process."

He picked up the wine glass in front of him and took a sip of the wine. He continued, "Don't worry about losing the bid, brothers. I will reveal the bid price to you when the time comes. In short, I will definitely not let you down in the end."

An Rusong's words were not meant to fool people, but were the current reality of NGN. DFJ and Apple's careful investigation of NGN has not yet been completed, and even if it is completed, they will have someone stationed in the company to keep an eye on the company's financial situation at all times.

The money they invested was intended to help NGN develop, not for An Rushong to squander. So if he directly subcontracted a project like building a data center to a client with connections without going through a bidding process, DeFeng Jur and Apple would definitely not accept it.

Jiang Yiyu and Shen Wuguo certainly knew this, so they naturally agreed with An Rushong's statement.

Moreover, this kind of medium-sized data center construction project must contain enough profits. Even if it goes through the formal bidding process, Jinya Technology will definitely make some money. Most importantly, as an affiliated company of Samsung, as long as they win this project, they can make money from both ends - earning money from NGN for the equipment purchase and center construction fees, and earning money from Samsung for the equipment sales. Combined with the two, their profits are really not low.

Therefore, what they asked was not that An Rushong directly throw the project to them, but that they would eventually get the project.

As for An Rushong, if Jinya Technology has the relevant qualifications and capabilities and the equipment it provides meets the standards, he really doesn't mind handing the project over to the other party. On the premise of doing the project well, he can do a favor to Jiang Yiyu and Shen Wuguo. Why not?
As for whether the project can meet the standards in the end, he is not very worried, because when the project is accepted, a three-party acceptance is required. Jinya Technology can play tricks under the nose of An Rusong, but it is impossible to slip under the noses of Defengjie and Apple. If those Americans can accept others cheating their money, An Rusong can naturally accept it. "Haha, Rusong is a good friend." After hearing what An Rusong said, Jiang Yiyu and the others still have nothing to say? The latter patted him on the shoulder happily and said, "Come on, let's have a good drink."

An Rushong did not refuse. He picked up the wine glass with a smile and drank it all in one gulp.

"Rusong, from today on, we are no longer outsiders." After he put down his wine glass, Shen Wuguo pushed the woman sitting between them aside, then moved his butt and sat directly next to An Rusong, saying, "Brother has a request for you."

"Brother Wu Guo, you go ahead," An Rushong looked at the other party, made a listening expression, and said.

"NGN will definitely enter a period of rapid development in the future," Shen Wuguo said, holding his shoulder. "Since it is a period of rapid development, it is inevitable that a large amount of capital investment will be needed. As for capital, you can either look for financing and exchange shares for capital, or go to the bank for loans and pledge equity in exchange for loans."

After hearing what he said, An Rushong understood what the other party was asking for.

"My brother's request is very simple. In Busan Bank, my brother can't say how much his words can have any effect," Shen Wuguo continued, "but in Seoul, at the Seoul branch of Busan Bank, my brother's words are still very useful. In the future, if NGN needs a loan of less than 100 billion won, my brother will have the final say, and I will guarantee you the lowest interest rate."

An Rusong smiled secretly. Busan Bank was indeed very strong. As the president of the bank, Shen Yinhe must have a lot of say in the bank. But if Shen Wuguo could make the decision to loan 100 billion won by himself, An Rusong would never believe it.

That's 1000 million US dollars, not 1000 million Japanese yen. A young man in his early twenties can decide whether to approve it or not? Don't be ridiculous.

Compared with Shen Wuguo's statement, An Rusong believed that NGN had been targeted by financial institutions such as Busan Bank. For them, NGN was a potential high-quality credit customer. Therefore, as a local bank, Busan Bank's headquarters gave the Seoul branch a credit authority and a quick approval authority for NGN's 100 billion won.

In other words, if NGN applies for a loan from the Seoul branch of Busan Bank, as long as it does not exceed 100 billion won, the Seoul branch will approve it directly.

Shen Wuguo simply took this authority for himself. Of course, his purpose was probably not to raise his own status, but to attract An Rusong to apply for a loan from Busan Bank.

An Rushong could see through this, but he would not expose the other party's lies. After all, there would be no point in doing so.

"Haha, how can you say this is a request? This is clearly Brother Wuguo taking care of me." Reaching out to take the bottle from a woman, An Rusong filled Shen Wuguo's glass with wine and said with a smile, "Brother Wuguo, don't worry. I will definitely trouble you in the future. As long as NGN Company has financial needs, I will be the first to go back to you. Don't chase me away when the time comes."

There was nothing funny about what he said, but the two people present still laughed out loud, and each of them looked as loyal as possible.

But An Rushong knew very well in his mind that if NGN's good development momentum could continue, then naturally a large number of banks would come to him and rush to provide him with loans, and some would even help him with some tricks or something.

But if NGN encounters any trouble and its glory days are over, these banks will disappear in an instant, and the only ones who will stay at that time are probably those who are demanding loan repayments.

Therefore, for a business, the time when it least needs a loan is also the time when it is easiest to get a loan, and the time when it most needs a loan is when the creditors come knocking.

What does this mean? It means only one thing: struggle is really hard.

(End of this chapter)