Chapter 228 Union Chairman



Li Cheng raised 25 million yuan by subscribing to shares.

According to the agreement he reached with the branch, this included a loan of 15 million yuan that the branch had previously loaned to the battery factory.

On the surface, all the branch's loans have been mobilized.

President Hou was so happy that he agreed to Li Cheng's request and lent 7.5 million yuan to the battery factory again.

In this way, the battery factory completed its restructuring and became a formal joint-stock company.

The city finally got rid of this burden and no longer has to worry about the battery factory.

When Li Cheng first proposed this reform plan, the city supported him by setting aside a piece of land on the northern saline-alkali beach for the relocation of the battery factory.

That piece of land where rabbits don't shit is worth nothing at all. The city just asked for a symbolic land transfer fee.

Since the land transfer fee has been paid, the land is purchased by the battery factory, not replaced. In this way, the old site of the battery factory is still the battery factory's.

If they moved to a new location, they would have to start all over again, and the funds Li Cheng had raised for the battery factory would not be enough. Therefore, Li Cheng had to transfer the old site of the battery factory.

Li Cheng started the process again: evaluation, pricing, and submission for approval.

After completing this operation, Li Cheng raised nearly 10 million yuan in funds.

Li Cheng did the math and found that through selling shares and transferring land, he had raised a total of 35 million yuan. Of this, 7.5 million yuan was returned to the branch, leaving 27.5 million yuan.

Among them, the branch re-loaned 7.5 million yuan to the battery factory, and another 5 million yuan was re-loaned from two other banks.

Looking at it this way, it seems like quite a lot of money.

However, the battery factory still has external debts, including money from material suppliers and equipment manufacturers, as well as workers' wages, which add up to as much as eight million.

After all the calculations, Li Cheng had less than 20 million yuan in funds, but he wanted to build a new battery factory.

Li Cheng had already calculated this countless times. When planning this project, he had already discussed it with the Planning Institute and the construction company, and they all said that a budget of 20 million would be enough.

What Li Cheng was worried about was ------

The workers at the battery factory were recalled.

When these people learned that the battery factory was about to be relocated to the northern wasteland, they were immediately furious.

"No, no, pay me the salary I'm owed and I'll quit..."

At its peak, the factory had only about 800 workers, and this time, fewer than 500 were recalled.

When the older people among these 500 people learned that the battery factory was going to relocate, they actually shouted that they wanted to resign.

Li Cheng, who was sitting on the stage, looked carefully at those who were shouting about resigning and found that they were older than the younger ones.

As for the older people, although they didn't shout loudly, they all looked worried.

It is normal for such a situation to occur, and it was also within Li Cheng's expectations.

Li Cheng turned around and glanced at the person presiding over the meeting, then looked outside through the broken window.

It was the beginning of spring, and the sky was gray and drizzling. The raindrops passed through the broken window, soaking a large area of ​​the windowsill.

Li Cheng thought of the new factory site on the saline-alkali beach and thought that transportation there would be a big problem in such weather.

It's no wonder these workers don't want to go. When they work there, they basically have to stay in the factory when they have nothing to do. Even if they were asked to go out and play, they would have nowhere to go.

But the land there is cheap, so cheap that it is almost free to use.

The meeting room was still noisy. Li Cheng looked at the person presiding over the meeting again and found that sweat was already pouring down his face.

This man is the new director of the battery factory. He was previously the head of another small business.

At the auction held by Li Cheng, this person subscribed for 200,000 shares in his personal name and became the tenth largest shareholder.

Seeing that the small business he ran was doing well and that he had some management experience, Li Cheng simply suggested that he be made the factory director.

This time, the board of directors and the board of supervisors were determined according to the number of controlling shares. Li Cheng was only a small shareholder, but Principal Han was the chairman.

Another major shareholder and member of the board of directors is Weng Xiaozhu.

Many people say that Weng Xiaozhu is the person who holds shares on behalf of Li Cheng.

I swear to God, Li Cheng really didn't get involved too much this time.

Because Li Cheng carried out this operation to save the battery factory in the name of the Entrepreneurs Association.

You can't expect that after the rescue operation is completed, this factory will become yours, Secretary Li?

If this is the case, who would dare to let you save those companies that are about to go bankrupt in the future?

Seeing that the workers were still arguing, Li Cheng suddenly slammed the table...

The sound was not loud, but the people sitting in the front heard it.

They immediately stopped arguing and looked at Li Cheng------

To be honest, Li Cheng is too young, and now he is sitting at the edge of the rostrum, so people don't take him seriously, and some even think he is just a bystander.

However, they then saw the microphone for the speech coming from the factory director's side------

Click, click. Li Cheng knocked on the microphone twice.

The venue fell silent, and everyone looked towards Li Cheng.

"My fellow workers, my name is Li Cheng, and I work at the bank..."

Before he could finish his words, the venue exploded.

"Li Cheng? Look, he's Li Cheng-----"

"Li Cheng, Li Cheng, this is Li Cheng------"

β€œ------”

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

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