969
Furthermore, he had already quit his secure job, which was a desperate move, as he wanted to start his own business and build a career.
They had such courage because, on the one hand, Wu Youliang had indeed come up with something good, and on the other hand, they had wealthy friends like He Tiantian and Huo Yingjie who could provide them with significant financial assistance.
He Tiantian nodded and said, "The two of you, one in charge of management and the other in charge of technology, have also invested 600,000 yuan, accounting for 51%, which is very reasonable. Are there any other investors? If not, I'll invest all of it; if so, then I'll ask for a smaller share."
“Cui Ying said she could contribute 300,000, and Qin Li said she could contribute 200,000. We’ll see how much you contribute so we can allocate the shares,” Wu Youliang said, looking at Huo Yingjie and He Tiantian.
Upon hearing this, Huo Yingjie smiled and said, "There's still a gap of 900,000. How about this, I'll contribute an electric water heater, plus 900,000, to take a 35% stake. I won't participate in the management, but I'll send an accountant over."
"An electric water heater?" Wu Youliang exclaimed excitedly. "Do you know how to make one?"
“Yes, I know,” Huo Yingjie said. “I’ll send you the blueprints in a while, and you’ll see once you try it. As you know, in some places in the city, solar water heaters can’t be installed due to limitations, so it’s more convenient and cost-effective to install an electric water heater in the bathroom.”
"Originally, I was thinking of starting with solar water heaters and then developing electric water heaters once we reached a certain scale," Wu Youliang said. "Wouldn't that reduce our investment?"
Huo Yingjie smiled and said, "That's not a small amount. There are many factories that are not operating right now. You can directly acquire a factory building, and then use the factory building to take out a loan to buy equipment. As long as the quality of the products is good and the appearance is good, and you cooperate with the corresponding advertising, you won't have to worry about not having business. After making money, you can expand production."
"Okay, let's do it that way." Wu Youliang was excited and full of hope for the future.
When they got home that evening, He Tiantian asked, "That electric water heater, is it one of the patents you came up with last year?"
“Yes!” Huo Yingjie said, “They already have them overseas. We can just get a few from abroad. We also have our own patents and blueprints, so we can manufacture finished products and sell them very quickly.”
"I hope so," He Tiantian nodded. "Now that everyone has a career and their income is increasing, I want to donate some more things to the welfare home in the fall."
“Okay.” Huo Yingjie smiled. “When poor, one should cultivate one’s own virtue; when rich, one should help others. Since we have money, we should help those poor people and bring blessings to our families.”
"Okay!" He Tiantian was delighted to see her husband agree.
I actually found two investment projects while I was out.
He Tiantian only invests money and doesn't manage the business, which makes her life much easier.
She already has enough money; she doesn't have the energy to do things herself, so cooperating with other people she trusts is the best approach.
When her father-in-law had some free time, He Tiantian told Huo Zhekun about Wu Youliang.
“Dad, look, although this is a private enterprise, it has two of its own product patents. If it develops well, it will be a product developed independently by our country, instead of just importing foreign technology. In some aspects, we are not inferior.” He Tiantian showed Huo Zhekun the information prepared by Wu Youliang and Huo Yingjie.
Huo Zhekun took it, examined it carefully, and said, "Not bad, it really does have a patent. When we attract foreign investment, isn't it precisely to learn advanced management and technology from abroad? Since it exists, we will support it. Only in this way can we truly drive the development of national industry."
Huo Yingjie, sipping tea, chimed in, "Dad, you're right. We're not telling you this to get you to give Wu Youliang's company preferential treatment, but simply to offer you some advice. When attracting foreign investment, we can't ignore the development of local industry. It will probably take a long time for foreign technology to be assimilated into our own, but if we have our own technology, we should develop it vigorously and provide preferential policies for high-tech industries. We can't just focus on giving foreign companies preferential policies while neglecting domestic private enterprises. Ultimately, a country's industrial development must be in the hands of the Chinese people."
Those who are not of our kind will surely have different hearts.
Huo Zhekun listened and took it seriously. He had indeed overlooked these things before, and he needed to think carefully about how to encourage the development of private enterprises.
"Yes, that's right, I've got it." Huo Zhekun nodded. "By the way, Yingjie, with the development of foreign investment and the private economy, there's an impact on state-owned enterprises and collective enterprises, and this impact is getting bigger and bigger. Now many leaders of state-owned enterprises are coming to the government to report the situation, and I'm having a real headache!"
Huo Yingjie smiled and said, "In the past, under the planned economy, everyone produced according to the tasks set by the higher authorities, not for profit. Whether you worked hard or poorly, the wages were the same. So many factories were unwilling to update their production technology, nor did they think about improving their management methods or service attitude. Now that the market has opened up, it is gradually allowing multiple economic entities to coexist. State-owned enterprises are still the same as before. In terms of technology, they can't compare with foreign companies; in terms of flexibility and initiative, they can't keep up with private enterprises. They have been relying on the government and living off their past achievements. If this continues, sooner or later, the things they produce will be completely unwanted."
Upon hearing this, Huo Zhekun's expression changed drastically. He knew that his son never spoke empty words, especially when it came to political pronouncements.
"Yingjie, our country's state-owned enterprises occupy important sectors and industries, and are the main source of national fiscal revenue. If state-owned enterprises are not competitive, it will directly affect local fiscal revenue, and the impact will be enormous," Huo Zhekun said with deep sorrow. "Currently, the rigid management and outdated technology of state-owned enterprises are indeed very serious. If we do not pay attention to this, it will indeed bring huge disasters to the country in the future."
"Yes, so we must formulate relevant policies, change our business philosophy, and proactively seize the market instead of waiting for the market to come to us. Moreover, the products we produce should meet the needs of the people, rather than just fulfilling tasks assigned by higher authorities. Research and technology in universities should also adapt to market demands and be transformed into real productivity, instead of simply copying reports from the laboratory and storing them in the archives," Huo Yingjie said. "Some outdated military technologies can be completely converted for civilian use, improving civilian production technology."
The research projects conducted by Huo Yingjie's Institute of Rare Materials in China are all based on materials directly customized according to the requirements of relevant departments. Therefore, there is no research waste, costs are saved, and the materials can be utilized to the maximum extent.
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