The chubby manager had a serious expression, but he still had to greet the boss with a smile.
These two completely opposite expressions piled on his face were very uncomfortable.
Wu Changfeng waved his hand: "Sit down, don't make that face. When it comes to work, we are all equals."
The portly manager nodded repeatedly, agreeing with Wu Changfeng's statement.
But she still said in a low voice, "You are the boss, you deserve our respect."
"Get to the point."
"That's right." The portly manager straightened his expression and said seriously, "Aren't we starting the construction of the second phase of the factory?"
"I recently put out a tender and have received the tender documents."
"But the price..."
Wu Changfeng looked up and asked, "Is the price very high?"
The second phase of the factory project was built for air fryers and bladeless fans.
The space in the first phase of the factory is now a bit insufficient.
The spare parts warehouse alone takes up a large portion of the space, plus the arrival of lawnmowers.
The entire workshop appeared very unprofessional.
The second phase of the factory will be larger than the first phase. Wu Changfeng plans to put electric toothbrushes, air fryers, and bladeless fans in the second phase.
The first phase will be reserved for weeding machines and warehouses.
The portly manager said, "It's not too high, it's all within the normal and reasonable range. But boss, you know, you need to pay the initial start-up capital for a project."
"I asked the finance department, and it seems our financial situation isn't very optimistic..."
Wu Changfeng paused, then asked, "How much upfront funding is needed?"
The portly manager took out the documents and handed them to Wu Changfeng: "This is the process for starting construction of the project, which will cost approximately 500,000."
Wu Changfeng flipped through the documents.
The manager was very professional from beginning to end, handling everything from when to arrive on site, when to start work, what materials to use, who would inspect the work, and the final steps.
That's quite professional.
Wu Changfeng nodded after reading it: "Not bad, the work is very well done."
The portly manager chuckled, "This is what I used to do. Otherwise, President Liu wouldn't have put me in this position."
Wu Changfeng put down the documents, stroked his chin, and entered a state of deep thought.
Does Qimingxing need money?
It's lacking, yet it's not lacking either.
What we don't lack is foreign exchange.
However, foreign exchange plays an important role, and Wu Changfeng did not want to convert it into RMB.
In other words, it is easy to exchange US dollars for Chinese yuan.
However, it becomes difficult to exchange RMB for USD.
At the same time, Qimingxing is short of RMB.
Morning Star now has the ability to earn foreign exchange.
The current production focus is also on export.
This creates a weakness.
Qimingxing currently does not have a single product that generates RMB!
Milk tea in Beijing is one item, but it's only enough for Qimingxing's daily expenses.
Even the wages of workers in Chishui County are allocated from Youmei Milk Tea every month.
This resulted in the situation where Qimingxing wanted to undertake a big project, which looked impressive on the surface, but he had no money in his pocket.
At this point, Wu Changfeng lost all interest in developing any new products.
The most important thing right now is to make the most of the time to earn foreign exchange.
Therefore, Wu Changfeng searched high and low for the property deed yesterday, hoping to mortgage it to the bank.
Used for the construction of the second phase of the project.
Wu Changfeng said to the fat manager, "You don't need to worry about the money. You must choose the best construction team."
The chubby manager scratched his head: "Boss, to be honest, you know our financial situation better than I do."
“Once this project is launched, the budget is one thing, but the actual expenditure may be higher than the budget.”
"Instable funding is detrimental to us."
Wu Changfeng knew that in this day and age, if you wanted to build a building, you could pay in installments according to the progress of the project.
But no one will ever collect the debt after the work is finished.
To put it bluntly, it's not very curly right now.
In later generations, real estate developers own land, and construction companies will advance the funds for building houses.
Real estate developers can even operate without spending a single penny.
As long as the budget is a bit higher, that's fine.
But that won't work in this era.
You have to offer real money to get people to work for you.
This requires a very high level of funding.
How did Brother Zhuzi die?
If the Giant Building runs out of money while under construction, the construction company has no interest in providing advance funding.
If you run out of money, stop work!
Wu Changfeng said, "I will find a way to raise funds."
Wu Changfeng discovered that although his business had grown significantly, he was still not as wealthy as he was when he first founded Qimingxing.
Sigh, looking back now, the mining bureau was really a good company.
The portly manager looked around, then turned and closed the door again. He returned to his desk and whispered, "Boss, there's a situation here."
“A construction team from the coast said they could build a factory for us for free.”
Wu Changfeng was taken aback.
What?
free?
So kind-hearted... that's unbelievable!
Wu Changfeng asked, "What's going on? How can there be free factory construction?"
The portly manager rubbed his hands together and said, "It's not completely free; they're asking for some of our shares in exchange."
"Get out!"
Wu Changfeng angrily retorted: "Not a single penny of Qimingxing's shares will be exchanged!"
The portly manager said, "Boss, this will greatly alleviate our financial pressure."
Wu Changfeng said, "You mean our shares are worthless?"
“Uh…” the chubby manager said, “No, it’s just that we’ve caught this opportunity.”
Wu Changfeng said, "That's not something you need to worry about. Just do your job well."
"By the way, which construction company wanted to do this?"
“Jiangcheng Third Construction Company,” the portly manager replied.
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