Chapter 968: The First Shareholders Meeting of the Instant Noodle Factory



Inna River Hotel is the highest-end hotel in Wahou and is a collective enterprise of Wahou.

The six of them sat down in a private room by the window on the second floor and ordered a table full of dishes.

The food and wine were served and everyone raised their glasses.

"Time flies. When we first met, I was still a thirteen-year-old boy. Brother Lu and Brother Liu were in their twenties, and Brother Xia was in his thirties. In the blink of an eye, more than five years have passed. Brother Lu and Brother Liu have both started families and careers, while Brother Xia has grown old."

"You are old, I am still young!" Xia Qiulong didn't like to hear it. How could he be old when he was only thirty-seven or thirty-eight?

"Hahaha!"

The room was filled with laughter.

After a glass of wine, there is no need to be polite since they are all brothers. Chopsticks are flying and they eat with relish.

The stomach is almost filled, now let's start discussing the problem.

At first, the discussions were all about instant noodles, the sources of flour and vegetable oil, the employment of workers, employee wage standards and reward systems, problems that food hygiene and epidemic prevention departments might encounter, and the future development direction of instant noodles.

"Our instant noodles are now on the market and will have no domestic competitors for now, but in a few years, other manufacturers will surely follow suit. Therefore, we must use our first-mover advantage to build our own brand. This is extremely important. Only by building a strong brand can a company survive in the long run. Therefore, we must strictly control the quality of all raw materials. Any problematic raw materials must not enter the production process. Do you understand?"

Everyone nodded.

"When the product is launched, we'll also put some ads on TV, radio, and newspapers, and try to open up the market before the New Year. Do you have any objections?"

“No problem!”

"In the future, we will also launch products with other flavors to suit the needs of different people. Of course, this requires dedicated research. Once we have captured the market and accumulated experience, we can set aside a certain percentage of our profits to set up a product development department dedicated to this research."

"That's right. People have different tastes. You'll get tired of eating the same thing all the time." Xia Qiulong interjected.

"But there's no rush. What we're solving now is whether there are any problems. Once those are resolved, we'll work on refining and expanding the project. If you have any other questions, please raise them and we'll discuss and resolve them."

This is basically equivalent to a shareholders' meeting of an instant noodle factory.

"Xiao Wan, if you have any other ways to make money, please tell us brothers." Yu Hongchui spoke.

We're talking about instant noodles now, so why take a detour? Should we introduce Yu Hongchui to Chen Tianchui? They're both Hammers anyway.

"We'll discuss this issue later. We haven't finished discussing the instant noodles issue yet."

"What else is there to discuss about instant noodles?" Lu Wu asked in confusion.

"We discussed a lot of things, such as product packaging. Although our first-generation product hasn't been launched yet, we need to plan ahead for the next generation of products. For example, our first-generation product is packaged in bags, which requires utensils such as bowls and basins when eating. Can we produce instant noodles that don't require utensils and can be eaten directly by adding boiling water?"

Wan Feng made an inspiring speech.

"Just add hot water and it's ready to eat? Do we have to give you a big bowl? That would be too expensive."

"Yes, we only make 8 cents on a pack of noodles. If we give you a bowl, we won't lose money."

“This one is not advisable.”

After everyone finished discussing, Wan Feng chuckled, "Haven't you considered other bowls? For example, paper bowls? Wouldn't that be cheaper? Besides, if we use paper bowls, we can raise the price a bit."

"Can paper be used to make bowls? Won't it dissolve when you pour water into it?"

"Yes, it seems impossible."

"This is just a suggestion now, because it won't be used for half a year. This is a problem we will solve in the future. It's okay as long as everyone has this idea."

There is really no need for packaging such as paper bowls and paper barrels now. Bag noodles have been in short supply since they came out, so there is no need for packaging in bowls or barrels.

Besides, current materials do not allow it. Although paper bowls and paper buckets look simple, there are many safety issues involved.

Right now this is just a proposal and won't be of any use in the short term.

"Brother Yu just mentioned other business projects. I'd like to ask which industries you plan to get involved in in the future?"

"How would we know which industry is involved? Brother, if you have any suggestions, please tell me."

Wan Feng thought for a moment and said, "The most profitable business in the future will be real estate. Take Hongya as an example. There should be a wave of urban construction in the next few years. This industry is very profitable. Why don't you set up a construction company and give it a try? What if you can make it big?"

Wan Feng is not planning to get involved in this industry in this life, but his decision not to do it doesn’t mean others won’t do it.

It's okay to let brothers go and have fun. These guys are members of society, and the real estate industry is more suitable for them.

Hongya experienced a wave of urban construction boom from 1986 to 1990, followed by a three or four-year slump, then another boom and another period of slump.

Anyway, this market always has good years and bad years.

real estate?

Everyone looked at each other in bewilderment. Xia Qiulong and the others hadn't heard of this term often. What was real estate? Later they figured out it was just construction companies building buildings!

"We can't even build a toilet, and you suggest we get into real estate? This is a joke." Xia Qiulong joked.

"You can learn if you don't know how to do it. Everyone is born with talent. The real estate market has great prospects. Everyone needs a doghouse, right?"

"But we have never been involved in this industry, and we don't know how to do this."

"It doesn't matter if you don't know. We're related, aren't we? Zhou Bingde has such a big construction company. If you need help with anything from project budgeting to design and construction, just go to him. He'll be busy enough for you to handle the little work he lets slip. For now, you can start learning. It won't be too late to get involved once the instant noodle factory has earned you a certain amount of capital."

Once these people enter the real estate industry, they will have to deal with government departments in the future. With their experience in society, it will not be a problem for them to find their way into official circles.

Then the path to officialdom will be open.

If I ever have any dealings with the government, I can resolve it through them, so I don't have to show up in person.

"We'll talk about this later. We can't aim for the best while we're on the other side. We haven't even sold a pack of instant noodles yet and we're already thinking about doing other things. Brother Xiao Wan said it well: keep your feet on the ground and don't aim too high. Let's talk about this after the instant noodles are ready." Xia Qiulong set the tone.

Xia Qiulong was right. It was indeed a bit of a detour to think about other things before even a pack of instant noodles was produced.

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