Originally a township enterprise, it was affiliated with Qingyang Town, and even its name included the place name.
Now, Qimingxing has been renamed Qimingxing Industrial Group.
The group's subsidiaries include: Jiangcheng Research Institute, Jingcheng Youmei Company, and Chishui County Qimingxing Factory.
As a result, Qingyang Town no longer had any nominal management rights over Qimingxing, and it completely belonged to Wu Changfeng alone.
The historical issues have been resolved.
At this time, Zhang Changhe also launched a high-profile promotional campaign, and the result was predictable.
Not a single customer made a purchase; they didn't even bother to buy it, even if they were offered money.
I really look down on small four-wheeled vehicles.
After this Waterloo, he was completely blacklisted by Mayor Cui!
When Mayor Cui learned that Zhang Changhe had tripped up Wu Changfeng and had been utterly humiliated in the market, he cursed him as utter rubbish!
Jiangcheng Light Tractor Factory No. 1 also began to decline rapidly and was on the verge of bankruptcy.
However, even so, Light Tractor Factory No. 1 did not go bankrupt. Although Mayor Cui advocated for its closure, it was taken over by another construction machinery company in the city.
This Foton construction machinery company is a local enterprise in Jiangcheng.
In this era that advocates reform, CEO Hao Chuanyu wants to reform this factory machinery company.
The specific plan is as follows: shareholding reform, in which all employees collectively purchase shares, thereby breaking away from the jurisdiction of the municipal government.
Mayor Cui agreed to the plan in principle, since the machinery factory wasn't making any money anyway.
However, some people at the National Development and Reform Commission proposed adding an additional condition: the acquisition of the Light Drag Factory would be required, otherwise the shareholding reform would not be approved.
Mayor Cui thought it was a good idea, a win-win situation.
Hao Chuanyu felt as uncomfortable as if he had eaten shit, but he had to swallow his pride and endure the nausea to acquire the Light Tractor Factory No. 1.
At this point, Light Tractor Plant No. 1 was merged into Futian Factory Machinery Plant.
Meanwhile, Foton Motor Co., Ltd. completed its transformation and became a shareholding company with all employees.
This Futian Company will one day clash head-on with Qimingxing!
...
One month later.
Qimingxing expanded again, drawing staff from the tricycle workshop to cope with the ever-increasing production demands.
Meanwhile, Wu Shisan began preparing to leave the country, heading to the Netherlands with US dollars.
Purchase the equipment and technology that would later prove invaluable – the lithography machine!
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