Shen Dong, who knew little about the textile industry, asked, "Aren, do you know anything about the Second Textile Factory?"
Chen Yongren said, "Brother Dong, our factories are in Zhengzhou and Pengcheng, and most of the fabrics we use come from local companies there. Now, as our market share continues to grow, there is indeed a significant shortage of fabrics. We have been looking for suitable companies to cooperate with recently. The three major textile factories in Yandu are all within our scope of consideration."
“A week ago, the purchasing department bought a lot of fabrics they made, only to find that the quality of these fabrics was not very good. The dyeing process, in particular, was extremely poor. We did an experiment: washing a piece of red cloth would dye at least three basins of water red.”
Seemingly fearing that Shen Dong would purchase fabric from the Yandu Second Textile Factory out of consideration for the Chu family, Chen Yongren's comments were very blunt, making Chu Feng's expression somewhat unpleasant.
"Mr. Chen, right? Our fabrics shouldn't be that bad, right?"
Chen Yongren said, "That's because you haven't seen the fabrics made by other textile factories. Not to mention other places, just look at Zhengzhou and Pengcheng, the quality of the fabrics there far surpasses that of the three major textile factories in Yandu."
Chu Feng said, "But their prices are much higher than ours."
Chen Yongren nodded and said, "That's right. For the same piece of cloth, they charge 20% to 40% more than you. But we'd rather buy the expensive cloth than the cheap one."
Chu Feng was taken aback and asked, "Why?"
Chen Yongren said, "Because our Tengfei Garment Factory aims to build a brand. Even our low-end clothing must meet quality standards. We will absolutely not allow Tengfei's clothes to fade or shrink after washing."
"Mr. Chu, in today's Xia Kingdom, the competition among major clothing companies is extremely fierce. Xia Kingdom has a consumer market of over one billion people. Although it is still in its early stages, its potential is limitless. No clothing company will give up easily."
"Especially in the last six months, 24 well-known foreign companies have entered the mainland, and the competition next year will be even more intense."
"To stand out from so many competitors, you must pay attention to the quality of your clothing, and the fabric is the most important part of that."
"If the fabric is bad, no matter how good the design of the clothes is, it's useless."
“Mr. Chu, if your Yandu No. 2 Textile Factory wants to get out of its predicament, it must carry out reforms from the inside out and put a lot of effort into the fabric technology.”
"Otherwise, you will soon be eliminated by the market."
Seeing Chu Feng's face so dark it looked like it was about to drip water, Shen Dong coughed and said, "Aren, what are you saying? Apologize."
"yes."
Without the slightest hesitation, Chen Yongren picked up his teacup and said, "Mr. Chu, I'm sorry, I'm too straightforward and don't know how to mince words. Please don't mind."
Everyone present immediately understood the implied meaning in Chen Yongren's words.
I may have said something unpleasant, but that doesn't mean I'm wrong.
Chu Feng knew the significance of Tengfei Garment Company in the Xia Kingdom market, so he forced a smile and said, "President Chen, you're too kind."
The two clinked their teacups together and each took a sip.
This matter is now considered closed.
However, Chu Feng clearly did not intend to give up, and said, "President Chen, could you spare some time to visit our textile factory and give us some guidance on our work?"
Shen Dong chuckled and said, "Uncle Chu, your son has a remarkable perseverance, which is quite rare."
Chu Jianqiang said, "This kid can be quite stubborn sometimes. Ah Dong, I've heard about the problems at the three major textile factories in Yandu. Their operations are in trouble, affecting the livelihoods of more than 10,000 employees. If you could go there and point them in a way to survive, that would be a truly great act of kindness."
Shen Dong said, "I'm not familiar with the textile industry, so it wouldn't be of any use for me to go. How about this, Ren, after we finish eating, you and Young Master Chu go together."
Chen Yongren nodded and said, "Yes, President Shen."
Chu Jianqiang said happily, "That's great. Thank you, Mr. Chen."
Chen Yongren quickly replied, "Director Chu, you're too kind."
Tan Family Cuisine is indeed very good.
Even a simple rapeseed can be stir-fried to perfection, becoming fragrant and delicious. Shen Dong and the four women were very satisfied with their meal.
After several rounds of drinks and dishes, Chen Dong looked at Chu Feng and said, "Young Master Chu, I'm very interested in the courtyard houses in Yandu. You have extensive connections in Yandu; do you know if anyone is willing to sell a courtyard house?"
Chu Feng sensed this was a perfect opportunity to get closer to Shen Dong, and immediately said, "There are many. I know of five or six courtyard houses for sale. If Mr. Shen is interested in buying, I can inquire about them. By the way, do you have any requirements?"
Shen Dong said, "It must be big enough, at least more than 500 square meters."
Chu Feng exclaimed in surprise, "Five hundred square meters? Mr. Shen, the current price of a courtyard house is around three thousand per square meter. A five hundred square meter courtyard house would cost at least one million five hundred thousand. Are you sure you want to buy it?"
Shen Dong laughed and said, "As long as the location is right and there are no property disputes, I'll take as many of these courtyard houses as there are in Yandu."
Just kidding, a courtyard house of over 500 square meters is only worth 1.5 million yuan, that's incredibly cheap.
If Shen Dong doesn't take advantage of the cheap price to buy several sets, what's the difference between him and a fool?
Chu Feng was so shocked by Shen Dong's words that his eyes almost popped out. He asked, "You mean you want to buy many sets?"
Shen Dong nodded and said, "That's right. With my abilities, I should be able to buy a few hundred sets. Could you please help me find out more? Money is not a problem."
Chu Feng was stunned for a moment, then smiled wryly and said, "Mr. Chen, I'm truly impressed. Do you really think so highly of courtyard houses?"
Shen Dong said, "To be precise, I am very optimistic about the real estate market in Yandu. In the next twenty or thirty years, the housing prices in Yandu will definitely skyrocket. Especially for scarce resources like courtyard houses, it is not impossible for the prices to increase dozens of times."
In my previous life, a courtyard house in the Third Ring Road of Yandu started at 100,000 yuan per square meter, and better ones could reach 200,000 to 300,000 yuan.
Even so, courtyard houses in Yandu are still in high demand but short supply, which shows their popularity.
Chu Feng said, "Hearing you say that, I'm even thinking of buying a few courtyard houses."
Chu Jianqiang snorted and said, "Do you have that much money?"
Chu Feng said sheepishly, "Dad, I was just bragging."
Shen Dong smiled and said, "Just because you can't afford it now doesn't mean you won't be able to afford it in the future. Young Master Chu, although this is our first meeting, I've noticed that you possess several essential qualities of a successful businessman. If you ever want to start a business in the future, you can come to me."
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