7: Chapter 7 Company Establishment - Yunmengze
Outside the Seoul courthouse.
The sun was shining brightly.
Qian Xu hung up the phone after speaking with Lawyer Park.
"The trademark rights transfer will be completed tomorrow."
"I have already prepared the registration materials for Yunmengze Entertainment."
"We will go to the Gangnam District Office at 3:00 PM to process it."
He checked the time.
12:30 PM.
Two and a half hours left.
Qian Xu drove back to Cheongdam-dong.
On the way, he sent a message to Ham Eun-jung.
"I'm registering the company this afternoon. Would you like to come along?"
Ham Eun-jung replied quickly.
"Company registration?"
"Yes, Yunmengze Entertainment."
"You are a director."
There was a few seconds of silence on the other end.
"Okay, what time?"
"2:30 PM, meet me at the entrance of the Gangnam District Office."
"OK."
Qian Xu returned home.
He changed into a dark blue suit.
A white shirt and a silver tie.
Looking at himself in the mirror.
He smiled.
Two months ago, he was still an entry-level employee being scolded by a Korean supervisor.
Now, he was going to open an entertainment company.
With a registered capital of 20 billion KRW.
2:20 PM.
Outside the Gangnam District Office.
Ham Eun-jung had already arrived.
She was wearing a white shirt and black trousers.
Her hair was tied in a ponytail.
She was wearing no makeup, but her skin was beautiful.
Seeing Qian Xu's rolls-royce cullinan pull up.
She walked over.
"Mr. Qian."
"Ms. Eun-jung, get in."
Ham Eun-jung opened the car door and sat in the passenger seat.
"Why is the company named Yunmengze?"
Qian Xu started the car.
"Yunmengze was a great lake in ancient China."
"It was in Hubei."
"It was vast, with lush aquatic plants."
"Later, it dried up."
"I want to make it have water again."
Ham Eun-jung looked at him.
"Is T-ARA also a dried-up lake?"
"Yes."
Qian Xu turned to look at her.
"I want to bring water back to you."
"Living water."
Gangnam District Office.
Business registration window.
Qian Xu handed in the materials.
The staff member was a woman in her thirties.
She scanned the materials.
"Yunmengze Entertainment?"
"Yes."
"Registered capital of 20 billion KRW?"
"Yes."
"Are you the legal representative?"
"Yes, Qian Xu, a Chinese national."
The staff member looked up at him.
"A Chinese national opening an entertainment company in Korea?"
"Yes."
"Is there a Korean director?"
"Yes."
Qian Xu pointed at Ham Eun-jung.
"This is Ham Eun-jung, leader of T-ARA."
"She will serve as a director of the company."
The staff member was stunned for a moment.
"T-ARA's Ham Eun-jung?"
"Yes."
Ham Eun-jung nodded.
"Hello, I am Ham Eun-jung."
The staff member looked at her, then at Qian Xu.
"You... are you really going to open a company?"
"The materials are all here."
Qian Xu said in a calm tone.
"20 billion KRW in registered capital."
"It will be in the account within three days."
"Please process it."
The staff member took the materials.
And began entering the data.
"Company business scope?"
"Artist management, music production, performance planning, and copyright management."
"And cultural content production."
The staff member typed.
"Registered address?"
"15th floor, XX Building, Cheongdam-dong."
"That is..."
"The office building I just bought."
Qian Xu said.
"It's currently being renovated."
The staff member nodded.
"Alright, the materials have been entered."
"The review process takes three working days."
"Once approved, the company will be officially established."
Qian Xu nodded.
"Okay, thank you."
Walking out of the district office.
Ham Eun-jung looked at Qian Xu.
"20 billion KRW in registered capital."
"Do you really have that much money?"
"I do."
Qian Xu smiled.
"Otherwise, how would I dare to talk about acquiring T-ARA?"
Ham Eun-jung was silent for a while.
"Mr. Qian, can I ask you a question?"
"Go ahead."
"Why do you want to help T-ARA?"
"As a Chinese national, why do you want to help a Korean girl group make a comeback?"
Qian Xu looked at her.
"Because you deserve it."
"T-ARA has 30 million Chinese fans."
"They have been waiting for you for ten years."
"I cannot let them down."
Ham Eun-jung's eyes turned red.
"Thank you."
"You're welcome."
Qian Xu opened the car door.
"Get in, I'll take you back."
After dropping off Ham Eun-jung.
Qian Xu returned home.
He opened his computer.
Logged into his bank account.
Balance: 25.11 billion KRW.
He transferred 20 billion to a newly opened account.
The company's capital verification account.
Three days later, Yunmengze Entertainment was officially established.
"Dingβ"
The system notification sound rang.
Qian Xu opened the system panel.
[China-Korea Cultural Exchange and Consumption Fund System]
[Cultural Export Platform +1]
[Current Platform: Yunmengze Entertainment]
[Platform Level: Lv.1]
[Platform Functions: Artist Management, Music Production, Performance Planning]
[Daily Quota Bonus: +1%]
Qian Xu was stunned for a moment.
"Cultural Export Platform?"
"What does that mean?"
System prompt:
[For every Cultural Export Platform the host creates, the daily quota increases by 1%]
[As the platform level increases, the bonus percentage increases]
[Current Daily Quota: 11.37 billion KRW]
[After Bonus: 11.48 billion KRW]
Qian Xu smiled.
"There's such a good thing?"
He continued reading.
[Platform Upgrade Conditions]
[Lv.1 β Lv.2: Sign β₯ 3 groups of artists, produce β₯ 10 musical works]
[Lv.2 β Lv.3: Host β₯ 5 performances, export overseas β₯ 1 time]
[Lv.3 β Lv.4: Artist enters overseas market, cultural export influence β₯ 10 million]
[Lv.4 β Lv.5: Become a top-tier Korean entertainment company, cultural export influence β₯ 100 million]
Qian Xu finished reading.
"T-ARA's comeback fits the conditions perfectly."
"They are enough as one group."
"Plus Chinese songs."
"And a China tour."
"That counts as overseas export."
He smiled.
"System, you really pointed me in the right direction."
His phone rang.
It was a message from Ham Eun-jung.
"Mr. Qian, the day after tomorrow at 3:00 PM."
"A cafe in Cheongdam-dong."
"The six of us will all be there."
"To sign the contract."
Qian Xu replied.
"Okay, I'll be waiting for you."
He put down his phone.
Looking at the night view of Seoul outside the window.
The lights of Cheongdam-dong were very bright.
He remembered two months ago.
He was still eating instant noodles in a semi-basement.
Now, he had a company worth 20 billion.
He had the trademark rights to T-ARA.
He had a Cultural Export Platform.
"This is just the beginning."
He stood up.
Walked to the floor-to-ceiling window.
"Koreans can make money in China."
"Why can't a Chinese person succeed in Korea?"
"I'm not just going to succeed."
"I'm also going to bring T-ARA back to the peak."
"Let 30 million Chinese fans see."
"Their idols have returned."
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