The city government meeting was not a success. Wang Zhuangfei left in the middle of the meeting, which attracted the attention of many local company owners. These people came to inquire about the news after the meeting.
Businessmen are a very sensitive group of people. If they don’t get the slightest bit of news clearly, they will feel something is wrong.
The information of Hailv Group was soon placed in front of local bosses. Some were disdainful, thinking that a clothing processing factory was worthy of being called a group, but more people were surprised.
When did the Hailu Group emerge?
The boss of Hailv Group who disdains it is naturally a big boss. He is the one who does big business, like He Sihai.
The ones who are surprised are of a lower level. There are some people with a net worth of tens of millions, and many of them are engaged in industries that are somewhat related to the business of Hailu Group.
Like those who run fabric business, run shopping malls, or are in the clothing industry!
For these people, Hailv Group is their father, and everything they see is an opportunity for cooperation.
The next day, Xiao Chen dressed neatly and went to a meeting at the Commercial Bank accompanied by Lin Xiaoyu, Guo Jing and Ye Qingyue.
Today is the shareholders' meeting of the commercial bank.
Originally, Chen Fei was supposed to host the event, but Chen Chen and Chen Fei had discussed that the project in Yiwu was very important and Chen Fei couldn't leave for the time being, so he simply stayed there and didn't come back!
This time, Xiao Chen took action and he wanted to take back the bank quickly.
Ye Qingyue was obviously a business elite. After being surprised at the company's strength, she calmed down.
Guo Jing lost her composure. She really didn't know anything about banks. She just knew that her salary card was from a commercial bank, but the bank actually belonged to the company... She was furious!
"Young boss, let's be honest. Why didn't you tell me such a big thing?" Guo Jing said.
This is a bank! Just thinking about it makes my scalp tingle.
"You didn't ask, why should I tell you!" Xiao Chen sat in the car, legs crossed, and said calmly, "Don't get it wrong, okay? I'm your boss. You're responsible to me, not me to you, okay?"
"That's not what I meant. I meant that if I knew the commercial bank was ours, we could handle a lot of business ourselves during the Red Flag Factory's industrial restructuring process, and I wouldn't have to argue with other banks!" Guo Jing said, "Do you know that those bank people are watching me every day now?"
"I know, they want you to take out a loan!" Chen Chen said with a smile.
He had already communicated this matter with the banks, how could he not know about it?
Appropriate loans from those banks will help Hailv Group maintain a good relationship with the banks, especially for the future business development of commercial banks.
The world is a circle, and commercial banks cannot survive apart from the banking circle. If they want to do well in this circle, they must maintain necessary relationships.
Chen Chen said, "As for those bank loans, you can handle it as you see fit. If you need a loan, just give me a plan. I'll check it out and approve it."
"Your mentality is bad!" Guo Jing looked at Chen Chen speechlessly and said, "Young boss, I feel like you don't value me anymore!"
"Honestly, if I didn't value you, would I let you manage something as big as the restructuring of Hongqi Factory if you looked so handsome?" Chen Chen didn't want to waste time with Guo Jing. "What's going on at Hongqi Factory?"
Guo Jing said quickly, "I've already assigned all the skilled workers to the factory, and they've all started working. The atmosphere in the factory is good now. We've bought out the seniority of those unwilling and unqualified workers and let them go. Although some have been causing trouble, it's not a problem at all. I've retained some members of the management team, and none of the problematic ones have been used. Next is business adjustments. Some of the machines in the old factory are still usable, and I plan to centralize them and specialize in producing one type of fabric. Then I'll get a loan to buy the best knitting equipment. I plan to produce high-end fabrics!"
"Yeah, yeah," Xiao Chen nodded to show his satisfaction.
As long as the workers didn't cause any trouble, Guo Jing did a fantastic job with the rest of the work. "As for the loan, use the domestic loan to purchase raw materials domestically. As for the loan to buy the machine, ask whoever you're buying the machine from to help you with the loan!"
"What's the meaning?"
Chen Chen looked at Ye Qingyue. It was Ye Qingyue who had instigated the high-end fabric project. "Aren't the best knitting equipment in Korea and Japan? Let's buy machines from their companies and ask them to help us get a loan from their banks. We can get a larger loan, but all loans must be repaid within three years."
Guo Jing was stunned. "Can it be done this way?"
"Why not? Isn't the bank for loans?" Chen Chen said, "Go ahead and get a loan!"
[Three years from now, with the subprime mortgage crisis, he doesn't care how much he borrows now, as he can make back the money by then. As for international loans, that won't be a problem either.]
According to Guo Jing and Ye Qingyue, the market for high-end fabrics is quite broad. Not only can they meet their own needs, but they can also be exported, so making money is certain.
The investment is also huge, but now that Chen Chen is rich, he doesn’t care!
"To make high-end fabrics, you have to pay attention to the supply of raw materials. You can go to the border provinces to invest in some cotton planting!" Chen Chen clapped his hands.
[That's right. The long-staple cotton from the border areas is the best raw material in the world. Many companies there currently process cotton and then export it as raw material. We can definitely buy it now!]
[The cotton in the frontier is the world's most important cotton supply base. If we buy all of it, will the price of cotton skyrocket?... Should we try cotton futures?... I'll discuss this with Li Zhaoyang later.]
Guo Jing felt that there was no need to invest in cotton. "We are in the fabric business, why would we invest in cotton?"
"Are you stupid? Supply chain, do you understand supply chain? Supply chain is a chain. Is it enough for you to just be one link?" Chen Chen retorted, "Be bolder, think more comprehensively. If you plan now, you'll see results in three to five years!"
Wouldn't it be great to be a cotton tycoon who monopolizes the global cotton trade? Even if you can control only 30% of global cotton production, you can still influence global cotton prices!
"Remember, Borderland only produces two million tons of the best long-staple cotton each year. This is the best long-staple cotton in the world, just two million tons!" Chen Chen taught, "Do the best high-end fabrics require the best raw materials? If we control the best raw materials ourselves, will that benefit us in entering the high-end fabric market in the future?"
Of course!
Guo Jing immediately reacted: "Of course, but that would be a huge investment for us!"
"What are you afraid of? The domestic banks are asking you for a loan. Use the bank's money to invest in cotton and maximize cotton production. Invest in fabrics here to make money and pay off your debts. I've told you the method, so you can figure it out. The headquarters company won't give you any money. If the Red Flag Factory doesn't work out, you'll be on the bench!"
The boss is so ruthless and cold
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