Chapter 392
Ji Wanmei is a woman of action.
She was notified and immediately called home to discuss the wedding date with her father.
She told Ji Xingguo that Lei Tingjun had proposed to her, and she had accepted. They were planning to hold their wedding this year, and she asked Ji Xingguo to pick a good date, make preparations, and inform their relatives and friends.
Ji Xingguo wasn't too surprised when he heard the phone call, but he paused for a moment and said, "Okay, then Dad will come and find a date. We'll make some more preparations, and the wedding will probably be at the end of the year."
Seeing that her father didn't seem very happy on the other end of the phone, Ji Wanmei asked, "What's wrong, Dad? Aren't you happy that I'm getting married?"
Hasn't he already accepted and approved of Thunder Army?
Ji Xingguo said, "No, of course I'm happy that my daughter is getting married. It's just that I received a document from the provincial party committee these past few days instructing that our Dongfang Factory may be merged."
Ji Wanmei frowned: "What's going on?"
Ji Xingguo sighed: "Alas, our daily chemical factory isn't exactly cutting-edge in technology. And recently, we had that big case involving the Yang family father and son, which had a very bad impact. After research, the province decided to merge our factory into the city's daily chemical factory. In the future, there may not be an Oriental Daily Chemical Factory anymore."
"But you did a great job in this matter."
Ji Xingguo said, "I'm already in my fifties or sixties, and I'll be retiring in two years. What good is meritorious service? Getting promoted would just make my retirement a little more dignified. Your father doesn't need those empty titles either. I just want the thousands of workers in the factory to have a good place to live."
Indeed, when Ji Xingguo was just fifty years old, he had an opportunity to be transferred to a state-owned factory in the province as the second-in-command.
If he had gone back then, he would probably be a member of the provincial government's leadership team in factories and enterprises by now.
However, Ji Xingguo refused the promotion and voluntarily stayed at the Dongfang Factory in the county town.
Perhaps it was precisely because he refused to be transferred at that time that he blocked Yang Changhua's path, causing Yang Changhua to harbor resentment towards him and go astray.
But none of that matters anymore; it's all in the past.
Right now, Ji Xingguo isn't worried about his daughter's marriage. After all, Lei Tingjun has already won his approval, and whether they get married this year or next, he believes that Lei Tingjun will treat his daughter well.
Moreover, given her daughter's personality, she wouldn't let herself suffer a loss.
Ji Xingguo was certain of this, which was why he was worried about things at the factory.
Ji Wanmei pondered for a moment and asked her father, "Isn't there any other way?"
Ji Xingguo said, "I heard before that there was an enamelware factory in Huguang City that was merged and later bought out and became a private factory. But it's better to be merged than to be a state-owned enterprise like ours that has been around for decades. Once it is transformed into a private enterprise, without the institutionalization and policy advantages of state ownership, there will be many problems exposed."
Ji Wanmei didn't hear anything after that; she only heard the first two sentences her father said.
"You mean, besides being merged, state-owned factories can also be acquired by private entities?"
“Going through the auction process for state-owned assets is actually similar to an acquisition. But the Oriental Factory is too big to be turned around, so who would want to buy it now?” Ji Xingguo sighed on the other end of the line, looking like he was about to go bald from worry.
Once the factory is merged, at least half of the workers will be laid off.
That was even more infuriating than he had initially anticipated. With one or two thousand people suddenly losing their jobs, the entire Pingquan County would likely descend into chaos.
Ji Wanmei seemed to be deep in thought.
Her clothing company had always used contract manufacturers, meaning she never had her own clothing factory.
This might be fine in the short term, but if you want to truly build brand quality and quality control, and sell her clothing brand all over the country, or even abroad, this approach is definitely not sustainable in the long run.
Therefore, Ji Wanmei has been looking for a suitable factory.
And now, a perfect opportunity has presented itself to her.
There are readily available workers, readily available factory managers, readily available management departments and personnel, and readily available production workshops and equipment.
Dongfang Daily Chemical Factory, because it manufactures daily chemical products, has two dedicated textile production workshops. One workshop has sewing machines that used to specialize in making scarves, shawls, socks, cotton pants, cotton shoes, and other items.
If Ji Wanmei were to take over, she could simply convert those two production lines into fabric processing lines.
By purchasing another batch of new equipment, we can put it into production on the spot with almost no changes to anything else.
Once this thought takes root in your mind, it's like a spark that quickly spreads like wildfire.
Ji Wanmei suppressed her excitement and said to her father on the phone, "Dad, don't worry, I'll go talk to Lei Tingjun about it." Then she hung up the phone.
Buying a state-owned factory requires a huge investment.
Therefore, Ji Wanmei had to discuss it with Lei Tingjun.
Although their money was all put together and managed by Ji Wanmei.
Ji Wanmei told Lei Tingjun her idea, telling him that she wanted to buy the Oriental Factory through an auction.
Since the higher-ups have now decided to merge the factories, if they were to make an acquisition at this time, they should be able to get a relatively low price.
But it's still a huge sum of money.
At least several million.
Since the start of the official sales of Lei Tingjun's Xikai District wholesale city and commercial area, plus residential buildings, the initial investment has been recouped many times over.
It's no exaggeration to say that the two of them are now at least millionaires.
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