The defendant shall pay 31,00,000 won to the plaintiff and 12% per annum from July 30, 2019 to the day of complete payment.

1. Basic facts

A. On May 17, 2016, the Plaintiff lent KRW 4 million to the Defendant.

B. The Plaintiff remitted total of KRW 28 million to the Defendant, including KRW 18 million on October 18, 2017 and KRW 10 million on October 19, 2017.

C. On November 13, 2017, the Defendant entered into a purchase agreement with C&D (hereinafter “C”) which is a Chinese company, to purchase at US$ 180,000. On December 8, 2017, the Defendant paid 360,000 US dollars to C&D.

On the other hand, the defendant paid KRW 1 million to the plaintiff around June 2018.

[Ground of recognition] Facts without dispute, Gap evidence Nos. 2, 3, Eul evidence Nos. 2 and 3, and the purport of the whole pleadings

2. Judgment on the plaintiff's claim

A. The gist of the party’s assertion is that the Plaintiff is obligated to pay the remainder of 31 million won to the Plaintiff, as the Plaintiff has repaid the sum of KRW 32 million to the Defendant, including KRW 4 million on May 17, 2016, KRW 18 million on October 18, 2017, and KRW 19,000 on October 19, 2017, KRW 32 million on the ground that the Defendant has paid the Plaintiff one million out of its reimbursement. Accordingly, the Defendant is insufficient to purchase KRW 6 billion per annum necessary for the production of heat exchange engines in the course of promoting the production of heat exchange engines. As such, the Plaintiff and the Plaintiff purchased KRW 20 million on the basis of investing KRW 20 million in the Plaintiff and inspected the Plaintiff, and supply the Plaintiff’s 200 million on the basis of an agreement between the Plaintiff and the Plaintiff on the purchase of KRW 100,000 on the basis of the Plaintiff’s 200,000,00 won.