Chapter 189 The Bet
"Gentlemen, what brings you all here?"
One of the shareholders, General Manager Wu, glanced at Song Yilin and said, "I heard that some people are going to sell the OEM factory of Lijiang Group, so we old guys came to take a look."
Song Yilin maintained her smile: "President Wu, you're exaggerating a bit. In recent years, due to the tension in international relations, OEM manufacturing for foreign mobile phones is no longer the best path for us. If we stick to the old ways, we can only wait to go bankrupt."
Vice President Chu said sarcastically, "But we can't just stick to the old ways and cut off our own path."
"Epoch Group is a domestic mobile phone manufacturer that independently develops its own products and is one of the top high-tech enterprises in China. I thought that you bosses were here to congratulate me on being able to cooperate with such a company."
Vice President Chu: "I don't deny that you are very capable to be able to sign Ji Yun Group, but why do you want an exclusive deal? Why do you want Ji Yun Group to interfere in our personnel matters?"
“Every company has its own way of cooperating. Ji Yun Group works the same way with all its suppliers. If we don’t agree to their conditions, we won’t cooperate. As for what Vice President Chu said about doing OEM manufacturing for foreign mobile phones, may I ask, has Lijiang OEM factory made any money in the past year?”
Things are different now. If these shareholders had a solution, they would have brought it up long ago. But even they couldn't do it, and they kept hoping that Chen Yan would turn the tide again.
"Dear shareholders, I don't know how you view the international situation. According to the current development, when our labor costs are no longer at their lowest, multinational companies will move their OEM manufacturing to countries with cheaper labor. We can still sign contracts with Jiyun Group at this price now, but once all the factories start looking for work, we won't be able to sign contracts at this price anymore. If you, the CEOs, don't believe my judgment, then I will personally pay the penalty for breach of contract."
With things said to this extent, the others could only shut up.
Her judgments on the international situation and the market have never been wrong.
If we make a mistake this time, I'll just have to give up everything she has.
And the rest of my life.
These old guys did provide Chen Yan with timely help back then, but the dividends they've received over the years have far exceeded what they've given him.
Even if Chen Yan goes in, they'll still profit.
After all the shareholders left, Song Yilin made a point of keeping Vice President Chu behind.
Vice President Chu knew that Song Yilin wanted to settle accounts with him, so he pretended to be respectful to her, sat down on the sofa, and crossed his legs.
"Mr. Song, what's on your mind?"
“Vice President Chu, I’ve always let bygones be bygones because Chen Yan told me that you are his good brother and that no matter what happens, I shouldn’t touch you and should keep you here.”
Chen Yan didn't say that exactly. He was sentimental, but not unconditionally. However, she did it to cultivate talent for him.
She didn't deny that Vice President Chu was a talented person, but she didn't want to use him anymore.
“You have challenged me time and time again, and colluded with outsiders to bring me down. I am a person who holds grudges, and I cannot let you live any longer.”
Vice President Chu said dismissively, "You don't have the authority to fire me. Only President Chen can fire me."
“I didn’t say I was firing you. You’ve teamed up with so many shareholders to attack me today because you think this decision is wrong, right? Then let’s make a bet. If a large number of contract manufacturers experience a shortage of orders within the next year, you leave. If not, and foreign capital flows back, I leave, and this position is yours.”
Vice President Chu's smug smile was practically reaching his ears: "You said it, so don't go back on your word."
"I won't go back on my word."
After studying economics for so many years and reading the development history of so many countries, if you still can't understand this, then you deserve your fate.
However, this wasn't just her issue; Xu Qingmin, CEO Ji, and Chen Yan all noticed it and were trying to find ways to transform their businesses.
Chen Yan had a reason for not letting Vice President Chu take over the Lijiang Group.
Vice President Chu has certain abilities in internal management, but his vision and overall perspective are not broad enough in terms of external affairs.
After two rounds of competitive selection, employees are more motivated than before.
Once the employees have taken up their assigned positions, new problems arise.
Many of Chen Yan's businesses were gone, and his private assets were gone too. After paying out this round of salaries, the company was completely broke.
This is the real crisis.
Previously, Vice President Chu's actions were just minor skirmishes.
"Zheng Li, Xiao Zhang, let's go, we still have a tough battle to fight today."
The three of them are now working together very well. As soon as Song Yilin said she was leaving, the other two knew what was going on.
They prepare in advance before going out.
Zheng Li, holding a tablet, recorded today's tasks: "President Song, who are we meeting today? What are the tasks? Are we going to drink?"
Before Song Yilin got pregnant, she was a heavy drinker. Usually, when she went out, Xiao Zhang could go without drinking a drop of alcohol.
Zheng Li's alcohol tolerance is now better than before, and Xiao Zhang's alcohol tolerance has also improved by leaps and bounds.
"Today I met the crocodile who wants to buy the dock."
Zheng Li suddenly stopped taking notes. A dock is a heavy asset, and not every company has the strength to acquire it, nor can every company operate it well. Chen Yan had already made contact with it before.
"Is the dock really going to be sold?"
Why didn't Chen Yan sell before?
Chen Yan knew that she would have to sell her dock sooner or later, and she couldn't understand why she wouldn't.
"Chen Yan is a very sentimental person. The dock is where he made his fortune, and he can't bear to leave it."
Even if they're reluctant, they have to sell. Because of Chen Yan's arrest, no bank will lend to Lijiang Group, and private equity firms won't lend either. It's fair to say that Lijiang Group has lost all credit. It's impossible not to sell assets. The suppliers' payments are already due.
Having already signed a cooperation agreement with Jiyun Group, we cannot sustain ourselves without working capital.
In fact, no matter what kind of group it is, it is enough to focus on one or two things. What she plans to focus on are that factory for disabled people and that contract manufacturer.
She believes that Jiyun Group can grow bigger and stronger.
This contract manufacturer can profit from the Ji Yun Group's success, while the disabled factory can build the Lijiang Group's brand.
To reverse the brand image of Lijiang Group.
To completely whitewash Lijiang Group.
The dock was Chen Yan's personal property and had little to do with Lijiang Group, so he sold it without hesitation.
Song Yilin looked at the road leading to the dock; the danger of that road was still vivid in her mind.
“Sentiment can’t put food on the table. Since Chen Yan is reluctant to part with it, I’ll help him sell the dock.”
Since Chen Yan wants to live an honest life, this kind of company with its rather barbaric management should either be reformed or abandoned.
If Chen Yan were asked to transform the dock into a modern one, he wouldn't have the financial resources.
Selling this dock and turning it into a modern dock would be a contribution to the people of Binzhou.
Xiao Zhang knew this road didn't hold any good memories for Song Yilin, so he gently took her hand.
Song Yilin went over to comfort Xiao Zhang instead, saying, "I'm fine."
Since taking over the Lijiang Group, she has never come here, not because she is afraid, but simply because she doesn't want to recall the past.
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