Chapter 130 Inquiring about the situation



puff!

Upon hearing this, the group of people suddenly burst into laughter, especially the older woman who had answered Jiang He, who stood up with a smile and said, "Young man, I advise you to think about going to another factory."

"Why?" Jiang He asked, puzzled.

The woman's smile suddenly turned serious. She glanced at the person next to her and said, "This Jiangnan Leather Factory used to have a great reputation, but now it can hardly even pay wages."

"Huh?" Jiang He exclaimed in surprise.

Ye Beiping stepped forward and squatted down, looking at the person in front of him. He said, "Auntie, tell me, what happened? I've heard a lot of people say that the Jiangnan Leather Factory is very big, right? How can such a big factory suddenly stop paying wages?"

Upon hearing this, the group of people working at the Jiangnan Leather Factory all began to sigh.

One of the middle-aged men said, "What else could it be? I don't know which factory manager listened to that bastard's nonsense and actually went to the bank to get a loan and bought a batch of new equipment to increase production."

"Now production has increased, but the goods can't be sold. Batch after batch of produced goods are all piling up in the warehouse."

Upon hearing this, Ye Beiping was overjoyed, but his face remained solemn.

The good thing is that the overall situation at the Jiangnan Leather Factory is not good, so there is room for negotiation.

The serious part is that he was preparing to go to the Jiangnan Leather Factory to look for work, so he certainly couldn't laugh out loud upon hearing this news.

Jiang He and Brother Jiang exchanged a glance, both somewhat surprised. They hadn't expected Ye Beiping to start chatting with the other person so soon.

Soon, a little girl next to him, who looked about the same age as Ye Beiping, muttered, "I just finished my internship. If I don't get paid next month, I won't have any money for food."

“Yes, we have three children to raise.” Another woman also complained, “If my husband didn’t have a salary, what would we, a family of five, do?”

Instantly, a group of people started discussing it all at once.

The issues mostly revolve around the fact that wages cannot be paid, leaving employees' families wondering how they will make a living, including many dual-income families.

Another complaint is that while the factory manager took out a loan to purchase new equipment, which increased production and improved quality, sales have become a problem.

Ye Beiping roughly understood the current situation of the Jiangnan Leather Factory.

We have the quality and the quantity, but we can't find more sales channels. And we can't stop production now; what will happen to the workers' wages if we do? Even if it's considered paid leave, state-owned factories have their rules, and the factory manager can't make that decision.

If production continues without interruption, then with the current sales channels, it's impossible to sell all the goods; the warehouse will only become increasingly full.

As for the Jiangnan Leather Factory going bankrupt, Ye Beiping never even considered it.

In his memory, when he heard that the director of the Jiangnan Leather Factory had run away with his sister-in-law, he even went to look up the information.

This state-owned factory entered a period of difficulty after the economic opening up, and the reasons were not explained at the time. Now, according to the employees, they have too much inventory.

The real solution to this problem actually came in 1987 when a fire in Wulin Square in Hangzhou destroyed more than 5,000 pairs of leather shoes in Wenzhou. This marked the beginning of the Jiangnan Leather Factory's turnaround from adversity.

Not only was the output large, but the quality was also top-notch, so it quickly surpassed other leather shoe factories in Wenzhou. Jiangnan Leather Factory also rapidly gained a place in the country that year.

If we're talking about going bankrupt, it was in 2002 when it was acquired by Jiangnan Group.

It was also due to the outdated management and old ideas of the state-owned factory that this once nationally renowned state-owned factory was transformed into a private factory.

Then, the last time it gained notoriety was in 2011. After eight years of ups and downs in the private factory, it failed to bring the leather factory to success. Instead, the general manager and the accountant absconded with tens of millions of yuan, leaving the factory facing huge debts.

"Wencheng, Zhejiang Province, the Jiangnan Leather Factory has gone bankrupt! The owner, Huang He, gambled and drank his fill, owing 350 million yuan, and ran away with his mistress."

This advertisement quickly became famous throughout the country within two years, and loudspeakers in every street and alley were broadcasting it.

Listening to the employees' complaints, Ye Beiping quickly recalled the scene when he used this advertising slogan and the leather shoes sold out.

What we need to do now is to drive down the prices of leather shoes and belts from the Jiangnan Leather Factory, creating the illusion that the factory has really gone bankrupt, the factory manager has absconded, and the employees are waiting for their wages.

This way, consumers will make purchases with a sense of sympathy.

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