The Magician’s Memorial - Chapter 354
Only Krnovel
354. New beginning (3)
The general election was expected to be dominated by the ruling party.
Because the government and the ruling party, whose term of office was not long, worked together to hold the general election, the ruling party was expected to win by a landslide.
But looking at the results, it was not a landslide victory.
The ruling party has 119 seats, the National Economy Party has 92 seats, and the opposition party has 75 seats.
The ruling party did not even have a majority of the 300 seats.
The opposition party received a shabby report card of 75 seats.
Rather, there was talk that the victor was the National Economy Party.
Although it had about 30 fewer seats than the ruling party, it was enough to become the main opposition party.
Until now, the National Economy Party has only had the value of a negotiating group, but through this general election, it has been able to emerge as a major political party.
“Thanks to Governor Choi Jae-seok’s leadership of the National Economy Party, we were able to garner public support.”
“What could I have done? As I was the governor of Gyeonggi Province, I was not able to actively participate in the election campaign. This result was possible thanks to the Taewo Group’s ability to influence public opinion.”
“I am telling you this just in case, but I did not engage in illegal election activities. I simply carried out election activities to the extent of informing local people about the good promises of the National Economy Party.”
“Hehehe, don’t misunderstand. Even if I don’t trust you, I trust you, Chairman.”
Is it because I have been in central politics for a long time?
Governor Choi Jae-seok has become much more conservative than before.
In the past, I would have questioned how election activities were carried out, but now it seems that the process is not considered that important.
“The National Economy Party is now the main opposition party. Although it has secured more seats, it can also face attacks from both sides.”
“It won’t be easy to attack. If we join hands with the opposing camp, we can pass the bill with a majority of seats. And if we join hands with the ruling party, we will have seats where constitutional amendments are possible.”
Combined with the opposition party, a majority of seats.
It was a seat where constitutional amendments were possible if combined with the ruling party, so Governor Choi Jae-seok was confident. However, it was unclear how the existing political forces would move.
“The National Economy Party is a political party that has only recently taken root. If the two existing parties keep in check with the intention of kicking down the ladder, the National Economy Party may suffer greatly.”
“Whether the National Economy Party is checked or kicked down the ladder, won’t the people support it if it just follows the path it needs to take?”
It was an answer that could be considered correct.
No matter what checks were put in place by the two existing parties, the National Economy Party could continue to receive support as long as it continued along the path for the development of the Republic of Korea.
And if I provided support so that their roots would not be shaken, they could have endured.
“We must never ignore the power held by the ruling party and the opposition party.”
“We are well aware that the ruling party may attack us using prosecutors and police organizations, and the opposition party may use civic groups to stage protests. However, the forces supporting us are gradually growing, so we can handle it.”
“Government organizations such as prosecutors and police can provide some defense along the lines of Taewoo Group. In the case of civic groups, we will use public opinion to provide support to prevent problems as much as possible.”
I was still managing the civil service fund.
Many public officials, including prosecutors, police, and the National Tax Service, were customers of our fund.
It has already been more than 10 years since the fund was created, and it has provided tremendous returns to customers every year.
For customers who initially invested 100 million.
Now, 10 years later, a lump sum of over 20 billion won was contained in the fund.
Since it was generating higher returns than any other fund, I was seeing at least 50% and up to 2x returns every year just by putting my money in.
So there was no reason to seek support from other sources.
There is no reason to take risks and make a small amount of money when you can legally make huge profits.
“I can’t tell you how reassuring I feel because I have Taewoo Group.”
“It’s troubling if you’re already reacting like this. There’s still a big mountain left to overcome.”
“You mean the presidential election.”
“There are only eight months left until the presidential election. Even if we launch an all-out campaign now, we cannot guarantee the results.”
It was too early to burst into congratulations.
The general election should have been viewed as merely a preparation for the presidential election.
Of course, winning the general election was important, but winning the presidential election was also essential for the future of the National Economy Party.
“You’ve changed a lot, Chairman. Didn’t you say before that I could just run for president?”
“If you run for president, shouldn’t you be elected? This may be the case in all competitions, but there is no competition where the first place dominates the election as much as the election.”
As the situation changed, the position also changed.
Previously, they offered carrots because they were in a position to encourage Governor Choi Jae-seok to run for president.
Now that his bid for the presidential election has become a fait accompli, he has to whip himself so that he can get elected.
“Once the presidential election is over, I will run hard with the feeling that I could die.”
“You must also prepare to resign from your position as governor of Gyeonggi Province. Do you know that you must resign 90 days before the presidential election?”
“I plan to work until next month and resign early. If I resign 90 days in advance, wouldn’t I have too little time?”
“I hope you enjoy the beauty of Yujong.”
“That’s right. Then won’t the citizens of Gyeonggi-do elect me again?”
This presidential election was expected to be a close race.
The ruling party works to recreate the government, and the opposition party works to change the government.
And it was an election in which the National Economy Party ran to enter power for the first time.
According to history, the ruling party is expected to win a landslide victory.
As a result of the general election, history went awry.
Before the regression, the ruling party’s candidate was able to ride the wind until the presidential election based on the ruling party’s landslide victory in the general election.
But now, the National Economy Party has won the general election.
The wind blowing towards the ruling party had stopped, and instead the wind had started blowing towards the National Economy Party.
* * *
About halfway through 2012.
I heard very good news from Centrian CEO Seo Jeong-jun.
The news was so good that I ran straight to Centrian headquarters.
“Chairman! We have finally succeeded. Thanks to Centrian’s technology, we are now able to stably mass-produce insulin!”
“Are you saying that insulin production is already possible? I predicted it would take at least another year.”
The insulin manufacturing process was very complicated.
Even if Centrian’s technology is excellent and its facilities and equipment are up-to-date, it is expected that it will take at least one more year.
However, Centrion succeeded in mass producing insulin in less than a year after securing the rights to produce insulin.
“Thanks to the excellent talent and artificial intelligence that the Chairman recruited, we were able to significantly shorten the time.”
“I guess artificial intelligence helped.”
“It was a great help. The artificial intelligence conducted more than a thousand experiments a day on its own and was able to find the optimal method. We are confident that we can produce insulin faster than Robo Nordisk and produce insulin with better performance. You can.”
Centrian was already actively using artificial intelligence.
Because we have been using artificial intelligence since developing a treatment for the new flu, we are skilled in using artificial intelligence, and thanks to this, we have been able to mass-produce insulin in a short period of time.
“Thank you for your hard work. Centrian has become Korea’s only insulin production company.”
“Thanks to the chairman’s support, this was possible. We will obtain permission from the Ministry of Food and Drug Safety as soon as possible and begin selling insulin. That way, we will be able to recover the amount paid for the insulin production rights paid to Robo Nordisk.”
“Don’t even think about the money that went into the rights to produce insulin. It was just an investment for Centrian’s development.”
Of course, the purpose of the investment was to recover the investment.
However, the insulin production rights had no intention of recouping the investment through insulin sales.
It was just a process to secure the production rights for the diet pills that Robo Nordisk would soon develop.
“Thank you so much for saying that. And I received a call from Robo Nordisk.”
“Was this a call to congratulate you on your insulin production?”
“I received congratulations and a call asking if we would collaborate on future diabetes treatments. Robo Nordisk is also showing great interest in the use of artificial intelligence in the development of insulin.”
Pumpkins rolled in on vines.
We didn’t propose it first, but Robo Nordisk proposed it first, so it couldn’t have been better.
“Did you accept the offer?”
“There has not been an official proposal yet. Robo Nordisk’s researchers only said that they would make a formal request to the board of directors.”
“If an official request comes in, accept it. Instead, proceed with negotiations so that Centrian can keep at least a portion of the shares.”
“Of course we should. We are developing a diabetes treatment using the chairman’s money. So, we should receive at least a little more equity.”
The new drug development underway at Robo Nordisk was being carried out with my own money.
In order to secure the rights to produce insulin and new drugs in Asia, I invested an astronomical amount of money in Robo Nordisk.
Of course, it wasn’t a business where I only lost money.
Since he already owned a large amount of shares in Robo Nordisk, the value of his shares would increase hundreds of times if he succeeded in developing a new drug.
However, there is no need to miss the opportunity to acquire a stake in a new drug.
Moreover, since the shares would be held by Centrian, not Taewo Group, it was also a great opportunity to increase Centrian’s value.
“If you need more people, just let us know. We will provide as much support as possible.”
“Can I ask for someone from the IT department? The number of employees who can handle artificial intelligence is too small. If we only have one person like Team Leader Cheon Min-jeong, we can proceed with the experiment faster.”
It was CEO Jeong-Jun Seo who went around saying that he wanted to bring team leader Min-Jeong Cheon with him.
We were able to provide astronomical amounts of funds and hundreds of people for him, but Cheon Min-jeong was an exception.
“I will send you a few senior researchers who worked under Team Leader Min-jeong Cheon. Team Leader Min-jeong Cheon is in charge of many projects at Taewoo Group, so she cannot focus solely on Centrian work.”
“How great would it be if we had just one more person like Team Leader Cheon Min-jeong?”
“I feel the same way. However, if a senior researcher is brought in, research results will be much better.”
The person who was best at handling artificial intelligence was Cheon Min-jeong.
Although many employees were learning her knowledge and know-how, it was still lacking.
“I will visit Denmark in person soon to discuss collaboration with Robo Nordisk. If I explain how artificial intelligence is used, wouldn’t the Robo Nordisk board of directors respond positively?”
“If CEO Seo goes in person, the possibility of collaboration will be even higher. I would like to ask you a favor.”
“Just trust us and leave it to us. We will return with unconditional collaboration and even a portion of the shares!”
A miracle diet cure.
Although it has not been completed yet, the timing could have been accelerated if Taewo Group’s technological capabilities were invested.
And although it was a very low possibility, there seemed to be a way for Taewoo Group to come up with a miracle diet cure itself.