In the end, Chen Xia didn't place an order with any factory, and the reason was very good. If pharmaceutical factories or textile factories gave workers benefits, would they give them basketballs or bicycles?
This is not appropriate either. New Year's goods should of course be things that fit in with the New Year's atmosphere.
Of course, these factory managers had no regrets, because before they left, Chen Xia gave each of them two boxes of 666 Ten-Ingredient Kidney-Nourishing Wine. A box of 12 bottles was worth a lot of money.
After getting home from get off work in the evening, Chen Xia shared his thoughts with his father-in-law.
Gu Wei was shocked when he heard this and kindly reminded:
"Xiao Xia, Dad knows you're doing this for my own good, but you just acquired four textile mills, and now you're eyeing these 20 state-owned factories. Will this be a problem? Your business is expanding too quickly, and what will happen if your capital chain is cut off? And with such a diverse range of products, how will you sell them?"
Although Gu Wei hopes that his son-in-law can help solve some of the company's difficulties, he absolutely does not want his son-in-law to get involved in this mess.
"Dad, don't worry about the funds. I have at least $400 million in my overseas accounts that I can use."
A cash reserve of US$100 million is always kept in the Cayman Islands account for emergencies, and the rest is all invested.
In addition, Chen Xia’s space hospital has US$300 million and HK$1.5 billion in cash, which he is unable to spend.
When Gu Wei heard this, he spat out a mouthful of tea.
"More, how much? $400 million? And that's cash reserves? Where do you get so much money?"
After all, the son-in-law's business is the Chen family's business. Although Gu Wei knows how big Chen Xia's business is, he has never asked him how much money he has. Now he almost peed his pants when he heard it.
You have to know that as a deputy mayor, his annual salary plus subsidies is only more than 4,000 yuan, which is only 1,000 yuan in US dollars.
As a result, the son-in-law said that he had 400 million in cash, which was US dollars. How could he not be surprised?
Chen Xia wiped the tea off his face and counted on his fingers for a long time but couldn't figure out how much money he had now.
Yuezhou Pharmaceutical Company + 25% shares of Xiangjiang Tsuen Wan Pharmaceutical, Margaret Hospital, as well as real estate companies, Caiyunzhinan Jewelry Company, Four Seasons Textile Company, security companies, investment companies, etc.
There are also so many jadeite, mutton-fat jade, bloodstone, Tianhuang jade, Maotai, wine, yellow croaker, antiques, BJ courtyard houses, Yuezhou land, and so on.
Not to mention how much it will be worth in the future, even at the moment, including cash and gold, his personal assets are at least over 1 billion US dollars.
The key is that there is a steady stream of patent fees that will be deposited into his overseas account every year, so now it doesn’t matter even if he lies down.
With this net worth, at least on the surface, I have never heard of anyone in China who is richer than him. At least he is definitely the richest man in Qingfeng Village.
Of course, Chen Xia would not underestimate the heroes of the world. There were probably many smuggling bosses and invisible second-generations who had more money than him, but they just didn't show it like him.
So why is he worried about a broken funding chain? When making money is no longer a problem, protecting your money from being "stolen" by others is the most critical issue.
When Gu Wei heard that his son-in-law had so much money, he felt very happy. He was not after his son-in-law's money, but just felt that his three grandchildren would have a secure future and would be able to live a superior life.
The elderly always think more about their children and grandchildren.
Since his son-in-law has so much money, he, as the father-in-law and deputy mayor, must of course support his son-in-law's work. These more than 20 factories have a total of about 10,000 employees.
There are enough "hostages".
But do we need to buy out these factories? Or do we need to cooperate based on orders?
The father-in-law and son-in-law couldn't make up their minds and decided to think about it after the Chinese New Year.
The next day, Chen Xia took his wife and children to Qingfeng Village.
With the financial support of Chen Xia, the Chen family of Qingfeng Village holds a grand ancestor worship ceremony every year. Of course, Chen Xia, the designated next clan leader, must attend, and the whole family must attend.
Although he was just a reborn person, he did not think that Chen Bingkun was his biological father, and the Yuezhou Chen family was not his original family, but over the years, the Chen family treated him well and helped him a lot.
Gradually, he integrated into the Chen family and was willing to do more for the Chen family.
Even from a utilitarian point of view, the children of the Chen family are all his good assistants.
For example, Chen Qiaogu is the Chinese manager of Nangua Teng. In addition, Chen Li, Chen Jia, Chen Zheng, Chen Xiu Lan and others are all factory directors of major branches.
Trusting outsiders is certainly not as good as trusting your own people. This is the typical thinking of Zhijiang people, and Chen Xia is no exception.
After the ancestor worship, Chen Xia talked a lot with his fourth grandfather Chen Yigen.
When Chen Xia mentioned that he was undecided about whether to buy the more than 20 state-owned factories or to maintain the cooperation between the two parties by placing orders, Chen Yigen's eyes suddenly lit up.
"Xiao Xia, how about Fourth Grandpa give you some advice?"
"Hey, Fourth Grandpa, you are the wisest person in our Chen family. Without you, I, Chen Xia, would not be where I am today. Your ideas are definitely better than mine."
The old man fell for it. After being fed Chen Xia's magic potion, the old man was so happy that his face turned red.
"Xiao Xia, you said you've placed orders with so many factories. Can they make money? Will they still lose money like before?"
Chen Xia thought for a moment and said, "It's impossible to lose money. It's just a matter of how much profit they make. It depends on the management ability of their factory director."
The purchase price of the black-hearted capitalists will definitely not be too high.
However, the cost of raw materials and labor in China is low, so profits can be guaranteed. Of course, if the factory director insists on being greedy, no one can do anything about it. There are so many state-owned factories in the city that the city cannot manage them all.
Fourth Grandpa took a sip of the old wine and continued:
"Since this is a business that is guaranteed to make money, it's better to make the money myself instead of letting others make it."
Chen Xia shrugged:
"I want to make money myself, but I don't have enough management staff for so many factories. If I want to buy them, I'll have to take over the management of the state-owned factories. Then there'll be no point in buying them."
"That's easy to solve. We have so many descendants in the Chen family. Wouldn't it be easy for you to pick out a few dozen? After all, the future factory director only needs to manage production. The workers will do the work, and you will handle sales. The person managing the factory doesn't need to be too powerful, just smart, right?"
With a population of over 1,500, Qingfeng Village isn't hard to find young or middle-aged people who have completed elementary and middle school, are literate, and are savvy. Yuezhou people have always been intelligent and business-minded; many simply lack a platform to showcase their talents.
After listening to Fourth Grandpa's analysis, Chen Xia also felt that this method was feasible and nodded slightly.
Chen Yigen looked at Chen Xia's expression and continued:
"If you're worried these people aren't managing diligently, you could actually give them a reward. For example, in addition to their salary, you could give the factory manager a 5% bonus of the annual profit."
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