Chapter 280 Where did the profits go?



May 1982 was a special year, an indescribable year. In short, Chen Xia’s Qingfen Pharmaceutical Factory was closed down.

When Chen Xia received the call from Chen Qiaogu, he was stunned for a moment and quickly ran to his father-in-law for help.

"Dad, what's going on? Why are you shutting down my pharmaceutical factory?"

Dean Gu had received the notification from Li Bingquan a long time ago, but he didn't tell his son-in-law, deliberately wanting to make him anxious and dampen his fighting spirit.

"Didn't Li Suji warn you a few months ago to take it easy? Did you think he was just lying on your ears?"

Chen Xia rolled his eyes and said, "Dad, you've even sent me to the emergency department to do hard labor. How can I not have enough time to relax?"

"But the tree wants to be still, but the wind doesn't stop. Stupid, what's the point of asking me this? I paid so much protection money, but the pharmaceutical company just takes the money and doesn't do any work?"

Chen Xia's eyes lit up. "Yes, who would give up more than a million yuan in profit this year? It's such a big deal, but he's willing to close the factory. Yuezhou Pharmaceutical Company won't do it. It's blocking their way to wealth."

Thinking of this, Chen Xia was no longer in a hurry. He could lie low for the time being and see if Bao Yong and the others could endure it.

The result was beyond the expectations of the father-in-law and son-in-law, and Yuezhou Pharmaceutical Company was really prepared to endure it.

When the pharmaceutical company received the notice to close the Qingfeng branch, everyone was shocked, thinking that something strange was going to happen again.

Past experiences have frightened these old foxes so much that they are ready to ignore the company's goal of turning losses into profits and just wait and see which way the wind is blowing.

Manager Bao was a respectful man. He immediately paid off all the money owed to Chen Xia and was ready to cut ties with him quickly, fearing that this unhealthy trend would blow away his official position.

However, as a nominally state-owned factory, the accounts must be checked before it is shut down. This is a procedural issue.

Bao Yong and Zhang Guozhi from Yuezhou Pharmaceutical Company, Chen Yigen and Chen Qiaogu from Qingfeng Branch, and the cadres who came from the region to close the factory, all gathered at Qingfeng Pharmaceutical Factory.

The accounts that accountant Chen Guoqing produced were clean and tidy, without even any erasures. Every receipt and invoice was neatly pasted in the notebook.

Qingfeng Pharmaceutical Factory started production in mid-December last year, and by mid-May, it had received a total of nearly one million yuan in payments for goods.

After deducting the cost of raw materials and precious Chinese medicines, the pharmaceutical company has given a total of 550,000 yuan to the Qingfeng branch.

The Qingfeng branch also purchased a large amount of wild ginseng, wild boar tripe, natural bezoar, natural musk and other raw materials on its own, spending a total of 520,000 yuan.

Under the supervision of regional cadres and according to the financial calculations of the pharmaceutical company, after deducting various costs, the Qingfeng branch made a total profit of less than 30,000 yuan in five months.

Even this 30,000 yuan profit was completely spent on entertainment expenses, infrastructure costs, tea and water fees, administrative expenses, and contract fees to the village, leaving only 108 yuan in cash in the account.

Neither the local officials nor the pharmaceutical company could believe this result, and everyone couldn't help but want to curse out the three-character Chinese curse.

Manager Bao and Section Chief Zhang were also surprised that their Yuezhou Pharmaceutical Company had earned a profit of nearly 500,000 yuan from the drug "Sanliu Weitai" in just 5 months.

As the manufacturer, Qingfeng Branch only made a small profit?

Bao Yong and Zhang Guozhi are both old foxes with thousands of years of experience, and they had long seen the clues from the accounts.

For example, is it possible to purchase that much extra wild ginseng every month? Then why not just call them "stomach pills" and "ginseng pills"?

Although all accounts have receipts, these are just receipts printed by some factories themselves. They are not formal, and many numbers are just filled in randomly.

But they are not prepared to expose these tricks. It is not their money, and people can do whatever they want with it.

The cooperation between the two parties has always been pleasant, and Chen Xia has created enough profits for them.

Always leave some way out for yourself so that you can meet again in the future.

On the other hand, how could the local cadres fail to see through these tricks?

If others really want to investigate, they can talk it out, but their main task now is to shut down these affiliated factories as soon as possible. As for the accounting issues, everyone is happy to pretend to be ignorant so as not to offend the backers behind them.

Li Suji had attended the wedding banquet of Chen Xia, the boss behind the scenes, so this news could not be hidden from anyone with ulterior motives.

So, in this strange atmosphere, the Qingfeng branch closed down after only five months of operation, clearing its accounts. Local officials sealed up all the equipment and factory buildings, as well as the "huge sum" of 108 yuan in the account.

After working hard for several months, in the end, others got the benefit. Did Chen Xia lose out?

In fact, he didn't lose anything at all. Apart from the tens of thousands of yuan he spent on building the factory, all other equipment was given to him for free by the pharmaceutical company, and the workers' wages were not expensive.

In less than half a year, he had received more than 500,000 yuan worth of various precious Chinese herbal medicines, filling several containers.

He also received nearly 500,000 yuan in cash. Even after deducting costs, he still made a net profit of 150,000 yuan.

Chen Xia did not show up today. The manager of the pharmaceutical factory, Chen Qiaogu, was responsible for shutting down the factory.

When everyone walked out of the gate and several cadres from the region took out the seals, many of the workers gathered at the factory gate burst into tears.

A monthly salary of 40 yuan is a huge sum of money for farmers. In previous years, they only earned more than 100 yuan after working hard for a whole year.

Now everything is lost. “It is easy to go from frugality to extravagance, but difficult to go from extravagance to frugality.” The villagers of Qingfeng Village can no longer go back to the hard days of farming.

Chen Yigen and Chen Qiaogu were not in a hurry at all. Chen Xia had already informed them that the factory would be reopened in a year at most.

But these words cannot be said to the employees, and Qiaogu has to appear very sad.

Manager Bao couldn't bear it and comforted him, "Manager Chen, don't be too sad. There's nothing we can do."

Chen Qiaogu smiled and said, "Manager Bao, thank you for your pharmaceutical company's care for us these days."

After that, everyone shook hands and said goodbye to each other.

After the cadres from the pharmaceutical company and the region left, Chen Xia appeared at the door of the pharmaceutical factory. Looking at the two large seals, he actually had the mood to study them.

"Oh my! This seal is so informal! It's actually handwritten. It must have been printed. Tsk tsk tsk tsk~~~"

When more than 50 pharmaceutical factory employees saw Chen Xia coming, they surrounded him and said, "Xiao Xia, the pharmaceutical factory you brought in is closed just like that. What are we going to do now?"

"What should we do? Everyone should go back to their own homes and find their own mothers. Don't worry, it won't take more than a year at most. By then, I'm afraid someone will be begging us to continue running this pharmaceutical factory."

Chen Yigen kicked Chen Xia on the butt: "How confident are you, kid? Don't blow your own trumpet when the time comes."

"Fourth Grandpa, when have you ever seen me bragging? Oh, Qiaogu, you guys should take a good rest too. The workers can do whatever they want, but you pharmaceutical factory cadres can't leave. I'll still pay you every month."

Chen Yigen was shocked when he heard this. The factory was closed, but the wages were still being paid? What kind of drama was this prodigal son planning?

Thinking of this, his hands began to itch again.

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