As for whether Xing's father will listen to Xing Baohua's three urgings, he doesn't care anymore; it's too much of a hassle, really.
The old man's personality was simply no match for those office workers who spent their days playing mind games.
Let's take care of things at our own factory first; he has even more trouble and problems on his end.
The next day, as soon as I arrived at the office, people from the municipal government office brought in two middle-aged men.
Upon seeing that it was Director Lin from the Municipal Government Office, Xing Baohua quickly stood up from behind his desk and went over to greet him!
Ever since Xing Baohua disliked that Director Wang and applied to transfer him, this person was indeed replaced.
Director Lin rarely comes here; most of the time, he sends one of his subordinates to help.
Xing Baohua realized that the matter was quite important because he had personally taken charge this time.
After a brief introduction, Xing Baohua immediately recognized the visitors, one of whom was, in theory, his direct superior. However, he had never had any deep dealings with this person.
Sun Kanghua was the head of the Electronics Industry Bureau.
The other is Bi Yanming, the factory manager of the local Shuangxi TV Factory.
As introduced, this Factory Director Bi had only been in office for a month. No wonder Xing Baohua didn't recognize him; the person who had previously tried to use connections to get money from Xing Baohua had been transferred.
The head of the Electronics Industry Bureau pointed at Xing Baohua with his finger and said with a smile, "I've wanted to come and visit you for a long time, but I've come twice and both times you were away on business. You didn't even show up when I called you to the bureau's meetings. Do you think my place is too small?"
Xing Baohua quickly went over to offer cigarettes to these people, and said with a smile, "I apologize, I admit my mistake. Leader, look at me here, I'm so busy! I have to do so many things myself."
"That's the downside of you being separated from the organization. You can't just think about making money. If you were completely under the bureau's control, I'd send you a few deputies and assistants." This Director Sun really didn't treat himself like an outsider; he spoke with such self-righteousness.
Xing Baohua thought to himself, "Luckily, I didn't let you manage it, otherwise who knows where he, the factory director, would have been transferred to."
Therefore, private enterprises do have advantages. On the surface, they have a superior department, but in reality, there is no direct hierarchical relationship.
They came this time hoping Xing Baohua would help the television factory.
We've recently hit a sales slump, with our manufactured televisions sluggish. We currently have over 20,000 units in inventory. The entire factory is counting on converting this inventory into cash to pay back wages owed for several months.
Logically, they shouldn't have approached Xing Baohua; they should have contacted the purchasing department of the shopping mall or supply and marketing cooperative.
But when they discussed it in a meeting, they felt that Xing Baohua had a way. The kid was quick-witted and might be able to solve the problem with a single sentence.
So they brought in two heavyweight lobbyists to accompany them.
Xing Baohua understood; this person wanted an idea. He could help once, but not a second time.
Xing Baohua took a drag of his cigarette, closed his eyes as if deep in thought, actually wondering whether he should try to save this local business.
He didn't know much about Shuangxi TV Factory, but judging from the attitude of the former factory director, he felt that he was arrogant.
They lack a sense of crisis and responsibility.
Despite the enormous size and bloated state of the machinery factory, Director Li still felt a sense of crisis and tried to find some projects to compensate for the losses.
Not knowing the other party's situation, Xing Baohua couldn't say anything. At that time, televisions should have been in short supply, so how could there be overstock?
This requires finding the cause. Is there a major quality issue, or has it caused consumers to lose trust in the brand? Or has there been a falling out with the sales channels, leaving no one to help with sales?
When asked why, Director Bi said he had just learned about the entire factory and there were still some things he didn't understand.
The key issues were sales, quality, and price, which resulted in the factory's televisions not selling.
The most difficult part is the products that were laid out in the early stages. It is difficult for supply and marketing cooperatives and shopping malls to get payment. In addition, there are many brands in the shopping malls, and their products not only have no advantage, but are also expensive.
As Factory Manager Bi said, their profit margin on televisions sold to the public is only 5%, so they can't lower the price any further; they can't sell at a loss.
Xing Baohua was secretly astonished. A 5% profit margin, when spread over payments, transportation, personnel, and time costs, meant that it was already a loss-making sale.
As for why television manufacturers have high costs, Xing Baohua has no idea. Even if he did know, due to the different systems, he couldn't offer any good advice. Perhaps it could help with the change once or twice, but who knows what would happen afterward?
If you want to deal with excess inventory, it's simple: just clear it out at a low price.
If you don't cut your losses and turn them into cash now, when will you ever get another chance?
With money in hand, there are more things you can do. More than 20,000 televisions can easily bring in over a million yuan.
Then I heard Director Bi talk about how their production lines and manufacturing equipment were aging.
Xing Baohua looked at Director Sun and asked, "Aren't you going to allocate funds to upgrade their equipment?"
"The funds allocated aren't even enough to cover the employees' medical expenses and pay off the debts owed to several electronics factories. Last time, the money was given to the TV factory, but it was all divided up by the old Xu. Now, Lao Bi has taken over and wants to revitalize the TV factory," Director Sun said.
Xing Baohua nodded to indicate that he understood; this was because there was no system in place to designate funds for specific purposes.
Then I asked Director Bi, "If I help you get rid of the TVs and you have money in your hands, what will you do?"
"First, we need to upgrade the equipment and production lines. If possible, I'd like to set up a color TV production line. After all, the future of black and white TVs is becoming increasingly limited."
"So, you're saying I just give you ideas on how to sell the TVs and that's it?"
As soon as Xing Baohua finished speaking, Factory Director Bi chimed in, "We'd better come up with a cash transaction method. We can't afford to operate on credit."
"How much does one cost now?" Xing Baohua asked.
"There are three models, with little difference between them, and the ex-factory price is between 430 and 470."
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