Chapter 137 Worry Anyway, you owe it to me, and I owe it to him, ...
Chapter 137 Worry
In response to Zhu Changbing's question, Meng Kun smiled faintly.
He twirled the pen on his fingers and said to Yan Jiuru, "I also want to deliver on time, but there's nothing we can do.
Funding has been in arrears for several months, and interns' wages have also been in arrears. Everyone has been able to continue working only by tightening their belts and living frugally. Even so, we can't afford to buy materials.
Don't worry about you laughing at me, but we can't even scrape together five dollars in our pockets right now."
As soon as he finished speaking, accountant Hu Haibo felt his scalp tingle. The factory director's gaze must have been murderous.
Hu Haibo said nothing. He stood up and said, "Please wait a moment," then stood up and quickly walked out of the meeting room.
The meeting room fell silent and no one spoke anymore.
A few minutes later, Hu Haibo came back with something.
He pushed a few receipts in front of the factory director and said, "I have always remembered your arrangements. No matter how tight the company's financial situation, we have never delayed paying the salaries and related funds to the students of the supporting factory.
This month's salary hasn't arrived yet, and we haven't experienced delays over there in the past two years."
Words are not enough, accounting has always spoken with documents.
Yan Jiuru looked through the pictures one by one and asked him to give them to Meng Kun.
Meng Kun only glanced at the two or three most recent pictures and didn't need to look any further.
Feiying is indeed paying on time, so the problem lies with the school.
Yan Jiuru was a little cold and stiff at work, and his aura was strong and powerful, not at all like he was in school.
Meng Kun said under pressure, "We project leaders are just executors, responsible only for the work. We are not good at other things."
Yan Jiuru nodded slightly and asked, "Have you asked the school about this?"
Song Qingyun, who was beside Meng Kun, said, "I've asked about this more than two or three times, and they either said there was no income or insufficient funds. In short, there's no money to give."
“Before, we all thought that the factory was short of funds and hadn’t sent us the money. We thought about Mr. Yan, oh, Director Yan, it’s not easy for you either, so we didn’t push for it.
We professors and teachers had to empty our pockets to scrape together the money for the materials, and now we have to increase production, we really can't afford it."
They didn't feel comfortable urging Feiying before, because even the national grants for scientific research could not guarantee the timely and accurate delivery of funds, and they didn't dare to think about funding from other sources.
When people have money, they make payments in a timely manner. When they are short of funds, the payments are usually delayed, and some are even canceled altogether.
Otherwise, why are scientific research projects difficult to carry out? The investment cycle is long, the results are slow, and frequent funding interruptions are also a major problem.
Before the results are out, they are all burning money. It is called a bottomless pit. It is not an exaggeration. Their projects are similar.
It would be great if we could get the funding.
Why are you still picking on what’s late or missing?!
Although they have achieved some small results and can earn some funds by cooperating with Feiying, they are still asking for money from others in the final analysis.
Their small achievements also rely on Yan Jiuru's patent.
One of them is Yan Jiuru, who is their student.
These project leaders are either professors or teachers in the department, and they are too embarrassed to ask students for payment.
Yan Jiuru sneered. What did the school's funding have to do with them, Feiying?
The school is backed by the municipal government and the country, and its annual budget is prepared in advance. How could it be short of money?
Even if there was a real shortage, it would not be right to intercept the funds he allocated to the school-run small factory.
However, Yan Jiuru would not say these words in public. There was no need to slap his school in the face in front of others.
"Accountant Hu, tomorrow you and Captain Guo will gather a few people to go to Yanda University and find the school's payee to ask them where our money went.
Just say it’s my words, spit out what you ate, and give what you took to where it belongs. Don’t wait for me to find them!
***
The meeting didn't end until after six in the evening.
In addition to the funding issues of supporting factories, the main issue is their order scheduling and scheduling.
The nine overseas agents signed the contracts within two days of each other, and they were all anxious to get the sample cars and an appropriate amount of inventory first, otherwise the freight for a sea freight trip would not be enough because the quantity was too small.
Fortunately, when they signed the order, the delivery date was delayed by half a month in chronological order. Even so, they still had to sort them out.
Their delivery time is still very tight.
Otherwise Yan Jiuru wouldn't be so angry.
Delaying the funds of the supporting factories is the same as delaying them!
***
The driver took the project manager from the school back to school. Yan Jiuru did not take the ride with him, even though Shuangyu Hutong was just outside Dongdaemun.
He waved towards Accountant Hu and said, "Old Hu, what did you do just now?"
When he asked Accountant Hu to go to school first, he noticed that Accountant Hu hesitated for a moment and seemed to be hesitant to speak.
I guess there were too many people around at the time, so it was inconvenient for him to say.
Accountant Hu looked around to see that everyone except the deputy director and Assistant Ding had left, then said, "Director, there's something I think you might need to report to me."
Director Yan only had two words to say: "You say."
"Well, it's like this, Director," Accountant Hu scratched his head, "I looked at the copy of the contract we signed. The agent's payment is a 30% advance payment, and it is payable within two days of signing the contract.
The contract was signed on the 15th at the earliest, and the remittance was made on the 16th, or the 17th at the latest. Normally, it should have arrived in three to five days, but I checked at the bank this morning, and it still hasn't arrived."
"Um?"
Yan Jiuru gave Accountant Hu a look that startled him.
He said stubbornly, "Well, after hearing what happened to the supporting factory today, I'm thinking, well, we must not let our money get stuck."
We have placed so many orders, and it costs money to purchase and prepare materials. The factory is waiting for the rice to be cooked.
Yan Jiuru frowned fiercely: "You mean the money we earn from selling the items may not even be deposited into our accounts?"
Yan Jiuru is not an accountant, so he has a general understanding of the concept, but he is really confused about the actual operation.
Accountant Hu hurriedly explained to him the funding process for foreign trade orders:
When customers transfer US dollars, they must transfer them to the designated foreign currency account of the national bank as required, and attach the contract number and other information. Generally, the funds will arrive in three to five working days unless the other party commits fraud.
Because of the contract number, the National Bank will settle the foreign currency into RMB after receiving the US dollar remittance. As we have our own foreign trade account, the National Bank should directly transfer the money to our account after the conversion. However, several days have passed and the money has not arrived.
I wonder if it’s similar to how schools treat supporting factories…”
A loud drum does not require a heavy hammer.
Yan Jiuru understood what was said.
Accountant Hu was worried that their money would be "intercepted" by the superior bank!
"The purpose of this kind of loan should be clearly defined. Why doesn't the National Bank follow the rules?"
Accountant Hu smiled bitterly, "This kind of thing is too common.
My previous workplace was like this.
Obviously the benefits are good and we make money, but once the money is transferred to the designated account, we can no longer control it.
At least you have the ability to get your own foreign trade account, but most of our units don’t have it.
All foreign exchange must be deposited into the national bank, and after the settlement, it will be transferred to the account of the foreign trade company below. The amount of money and the time of transfer are up to them.
After the money is finally transferred to the foreign trade company, it’s hard to say when it will reach the factory. Sometimes it’s common for it to be directly withheld and used.”
Yan Jiuru had truly learned something new. He sneered, "Who's going to enforce the contract then? How can we produce and deliver without money? Who's responsible if there's a breach of contract?"
Accountant Hu stammered, "This is a typical triangular debt. The higher-ups are withholding our payments, and we're writing IOUs to the lower-ups. We'll cash the IOUs when they pay us back."
Anyway, you owe me, I owe him, and he owes others... "
The unit he originally came from was dragged down like this.
"We were relatively lucky. In the end, we had to pay two million US dollars in compensation for breach of contract. Our former factory director took the matter to the city government. In the end, the higher-ups were afraid of losing money, so they agreed to give us a portion of the funding.
This amount of money was barely enough for production. After the goods were delivered, there was no money left to pay wages or settle accounts with downstream customers, and eventually the business went bankrupt.”
I have to say that it feels really good to intercept the money. As for whether the enterprises below survive or have enough food to eat, those who intercept the money don’t care.
Yan Jiuru frowned fiercely after hearing this.
***
Although Feiying has its own foreign trade account, the National Bank does not need to transfer the received funds into RMB to any foreign trade company account, but can directly transfer the funds to Feiying's account.
This does reduce a layer of risk, but it does not eliminate it.
"Okay, I get it. Go to the bank once or twice every morning and afternoon these next two days to ask about it. Just tell them we're worried."
"By the way," he looked at the deputy director, "I told Martin that the payment receipt would be faxed to us. Didn't you get it?"
Their factory had not yet installed a fax machine, so they used the fax number of Institute 107 for communication.
Accountant Hu: "You should ask Cashier Wen Jiang or the one in charge of marketing."
Honestly, I don't know who to contact about this.
Deputy Director Zhu patted his forehead and said, “Oh, for this matter, we should designate someone to be responsible for each agent and supervise it from beginning to end.
From signing contracts to payment to delivery, one person is in charge of one or several agents, so you can just contact him or her for anything."
Otherwise, everyone will think it is someone else's business, and in the end no one will know.
Yan Jiuru took a deep breath and said, "I didn't think this through. Someone should have been keeping an eye on the order." Not only was there a shortage of manpower, but also equipment.
"Well, Lao Zhu, tomorrow, have Deng Jiaxi contact the Economic Daily and the Evening News to post a recruitment notice. We'll then figure out which departments are hiring and how many people are needed..."
***
Yan Jiuru had never had any difficulty making money (spiritual stones) in the upper realm before.
We continued the meeting overtime at night to discuss the necessity and number of staff in each department.
The positioning of the marketing and sales departments also needs to be changed.
At present, the market and sales opportunities overlap, making the sales department seem dispensable.
The meeting lasted until after ten o'clock in the evening.
After discussion among the leaders of each department, it is planned to recruit 100 people in production, three more in marketing, two more in sales, and also recruit people in other technical and related fields.
***
The next evening, the Yancheng Evening News published a large job advertisement:
In order to expand production and meet the demand for export products, Yancheng Feiying Automobile Manufacturing Plant plans to recruit a total of 120 people!
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