Chapter 326 Fundraising



Finally, the cousin Zhen Xiaoqian agreed to hire Xiaohong as a Chinese teacher.

This is also an opportunity for Xiaohong to learn English.

This was in 1988, and most English teachers couldn't speak English fluently themselves.

The main reason is that we usually lack such a language training environment.

But Xiaohong still declined Ye Xiao's invitation to live in his house.

She is very clear about her status: she is only here to make money. If her teaching is no longer needed one day, the employment relationship will end.

The monkey was different. The monkey was her savior, and she promised to teach the monkey every day.

Anyway, I have to come back here.

So half a day here, half a day there, and it’s easy to decide where to stay in the end.

She didn't want to owe anyone another favor, so she couldn't come over.

Besides, she is no longer a rich lady, and a life of wealth and luxury can easily fascinate one's mind.

Working part-time was good. She could earn 150 yuan a month from two jobs, which meant she could save just under 900 yuan in half a year. For her, saving a little would cover her living expenses for the next few years.

*

Fang Fang was working on battery research and development and began to recruit talent. Currently, those who understood this experiment were either in schools or state-owned factories.

So she set her sights on becoming a technical engineer at a state-owned battery factory.

But state-owned enterprises are iron rice bowls, and people don't have to follow her.

She offered three times the salary of a state-owned enterprise and finally poached the person.

They also arranged a house for each of them and promised to transfer the house to them after five years.

At the beginning, Fang Fang talked to them about equity and future development.

But what they want is a stable job and they also hope to arrange accommodation.

Later, Fang Fang consulted her second brother and adjusted her entire thinking.

This time, two engineers were recruited, one named Engineer Hu and the other named Engineer Yang.

After Fang Fang recruited the team, she quickly assembled them and began research and development. With their participation, battery improvements were made much faster, as they had extensive practical experience.

It turned out that Fang Fang had found a PhD from Qingdao University. Although he was able to produce a similar product, there was a big gap in the actual effect.

Once the first version of the battery is available, Fang Fang plans to start promoting it.

At this time, Liu Gang's job also changed, his armed police career also ended, and he came back to help Fang Fang develop the battery factory.

Fang Fang simply set up a battery company, rented a piece of land in the suburbs of the north city, and set up the company there.

Fang Fang thought the sudden change in work might be partly due to Liu Gang, but also due to organizational reasons. She didn't delve into the details, as Liu Gang's reluctance to speak was probably a secret.

After all, spies these days are diverse, and they wear uniforms and can only do so much.

In his previous life, Liu Gang had become the richest man in the country. Fang Fang felt that he could return to business, which gave her great hope.

If Liu Gang could still follow the path of her previous life, then she might be able to have a lithography machine soon.

This is also the hope she can see.

Fang Fang readily agreed to this.

Although Fang Huaimin was quite critical of Liu Gang's sudden resignation from his stable job,

He has become the brigade commander and may be able to go further in the future, but in the end we still have to respect his opinion.

*

In this way, the battery factory began to develop.

Originally, Fang Fang wanted to develop the battery factory under the electronics factory as a subsidiary.

But my husband has resigned, so I have to give him a big stage and enough decision-making power.

After all, the company's initial stage used funds from the family business, and Fang Fang has always clearly distinguished the division of equity from actual operations.

She redrafted the equity division contract.

The electronics factory invested 200,000 yuan in the battery factory and held a 30% stake in the company.

This was discussed with my second brother and mother, and basically we got the consent of the majority of the company's shareholders, so we started signing the contract and did this.

The electronics factory shares were distributed several years ago, with a fixed amount based on the amount of capital invested at the time. Dividends have been paid out every year for the past two years.

Fang Fang's investment at that time was not small, and she held a 15% stake.

My second brother and mother took the lion's share, 30% each, while my eldest and second sisters-in-law held a smaller share. My third and fourth brothers didn't participate, and my fifth brother, who had invested less at the time, also took 3%.

After the equity is divided and the product has passed the trial stage, we start making samples.

Although it is difficult to find them one by one, it is much easier if you have your own electronics factory.

All the pagers on the market require replacement batteries of No. 5. The latest model of pager designed by Fang Fang uses a charging cable and can be charged like a mobile phone. As soon as the prototype came out, coupled with the influence of the media, this pager was sold out.

This is a new type of innovation after all.

Their mobile phone production line is also being introduced.

A production line costs millions.

This involves borrowing money and mortgaging the factory again.

When the whole family was in a meeting to discuss the electronics factory, different opinions emerged.

My eldest brother and his wife are both in the system. They have received dividends for two years and are relatively conservative.

Sister-in-law Jiang Nanyin was quite critical of the idea of further investment, "Aren't we taking a step too far?"

Now that the electronics factory is managed by her husband, Liu Ruyue must support her husband.

My sister-in-law is a small shareholder, so her opinion is not that important.

And so many people in the family have shares, hers is just a small part.

This chapter is not over yet, please click on the next page to continue reading!

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