Chapter 246: Quitting



Su Heyuan was helpless and said, "Ms. Lu, you are the majority shareholder of Chery, and I am only the second largest shareholder. You should have been the one managing this company, and I took on this responsibility because you wanted to study."

It was fine when she was studying before, but now she was on vacation and there were still more than three months before school started, so naturally she had to share some of the responsibilities. He was going to hand over the design and purchasing departments to Lu Jiaxin.

Lu Jiaxin refused and said, "I have to go back to the mainland to deal with some things after resting for two days. I may not be back until the end of June."

"Then wait until you finish your work, then come into the company to help."

Lu Jiaxin originally wanted to talk about it after having supper, but seeing that Su Heyuan wanted to give up, she said, "Chery made a profit of more than 4.8 million last month, and you are only the second largest shareholder. Didn't your father say anything?"

Although Su Heyuan felt that her change of subject was awkward, he still said, "My old man doesn't know and thinks Chery belongs to me alone. But let him say whatever he wants. You have made the greatest contribution to the company's high profits."

He was not managing Chery for free, he was paid a salary and bonus. Although Lu Jiaxin took the lion's share, he knew very well that if he opened a garment factory himself, the monthly profit would not be so high.

Lu Jiaxin did not take credit for it. She said: "The orders in the three months after the fashion show are my credit, but later it was you who expanded the sales channels and positioned Chery as a low-end brand, so the orders increased."

Speaking of fashion shows, Su Heyuan said, "Jia Xin, when are we going to hold another fashion show? You've already become famous, and more people will come if you hold a fashion show again."

Lu Jiaxin glanced at him and said, "Chery is positioned as a low-end brand. Why does it need to hold a fashion show? It can just follow the European and American trends."

The low-end and mid-end products follow the route of small profits but quick turnover. Famous or ambitious fashion designers are unlikely to design clothes for them, which would lower their status.

Su Heyuan paused for a moment and said, "You mean, you won't design clothes for Chery anymore?"

Lu Jiaxin hummed and said, "I'm not the kind of person who just takes money without working. I can transfer this 60% of the shares to you at the market price, and you can pay the money in three months."

Su Heyuan was really shocked. "You, you want to give me all the 60% of the shares you have? Lu Jiaxin, our company now has a profit of 4 to 5 million per month, and it may be even more in the future. Are you really willing to sell it all to me?"

Lu Jiaxin said: "My philosophy is different from yours. You want to make quick money, but I want to build a mid-to-high-end clothing brand. We are both right, so we have to go our separate ways. Otherwise, we won't even be friends in the future."

Su Heyuan has been involved in the clothing industry for more than a year and has some understanding of the industry: "Jia Xin, you want to create a high-end clothing brand? This is difficult."

Lu Jiaxin smiled and said, "Maybe it's really as difficult as you said, but how do you know you can't succeed if you haven't tried? Besides, I believe in myself."

This is her own dream, and she must fulfill it. With the development of the economy, people will become more and more affluent and their brand awareness will become stronger. So as long as the brand is well-known, there is no need to worry about sales, let alone not making money.

Su Heyuan remembered what she had said before, thought for a while and then asked: "I will ask an auditor to value our company and buy your shares according to the estimated value."

"Let the auditors move in tomorrow."

Seeing how anxious she was, Su Heyuan asked, "Are you short of money? If you are short of money, I can lend it to you first."

Su Heyuan said: "I haven't touched the dividends for the past three months. I was going to invest this money with a friend, but something happened to him and the investment went down the drain. I haven't come across any good projects recently. If you need the money, I'll give it to you for emergency."

Lu Jiaxin naturally wouldn't take his money: "No, just keep it for yourself. But it's a waste to leave such a large amount of money in the bank. Why don't you buy some stocks? The stock market is doing very well now, and buying stocks is better than keeping it in the bank."

Su Heyuan said: "The stock market is doing well now, but there are also losses. Su Hexu lost 30% last month and lost some more this month. He has almost lost all the money he invested in the stock market."

Lu Jiaxin was so happy that she said, "I can only say that Su Hexu is an unlucky guy. All the stocks I bought have gone up in value. The Sun Hung Kai that I asked you to buy last year had gone up by 30% when I sold it. The stocks I bought intermittently afterwards also made 20% to 30%."

Thinking that he had helped her a lot, Lu Jiaxin advised, "The real estate market is picking up now. If you have spare money, sell your real estate stocks. If that doesn't work, buy a house. The down payment for a house in Hong Kong City is 10% to 20%. Buy 10 to 20 houses and wait for the price to go up before selling them. We businessmen must know the principle of goods turning into wheels."

The so-called "goods rotate like a wheel" means that goods circulate quickly, as fast as a rotation, bringing continuous and stable profits in the process of rebuying and reselling.

Su Heyuan's focus was on stocks: "Did you make money on all the stocks you bought?"

Lu Jiaxin nodded and said, "I bought stocks of reputable and well-funded companies. The increase won't be too big, but it will rise steadily. Stocks can be converted into cash at any time. Just sell them when you need money."

Su Heyuan actually bought stocks, but not much, just over two million: "I want to expand the scale of home appliances, but the investment is relatively large, requiring tens of millions of funds. I want to set up the headquarters in Hong Kong City so that I can borrow money from the bank. But my father doesn't want to take risks, so he told me to do it within my means."

Lu Jiaxin frowned and said, "Who among the rich people in Hong Kong has not borrowed money from the bank? Their own funds are limited, and only loans from banks can make their businesses bigger and bigger."

When she opens a company in the future, she will also prepare to apply for a bank loan. Of course, the company's debt ratio must be kept within a reasonable range to avoid being targeted by those with ulterior motives and thus being attacked.

Su Heyuan has been in Hong Kong for so long, how could he not know that using the bank's money to make money for himself is the fastest way to accumulate wealth: "My father has suffered a lot over the years, he thinks that having enough food and clothing is enough, so he doesn't want me to take risks."

This is understandable, the older generation all seeks stability. Lu Jiaxin said: "If you want to expand your business, don't listen to your grandfather or your father. They have rich experience but times are changing. You can find a manager and take time to go to university for further studies, which will benefit you greatly."

She thinks that as a boss, she only needs to focus on the main direction, such as the direction of development and decision-making. Specific matters should be handed over to the company's senior management. Otherwise, why spend so much money to hire them? Moreover, it is not only tiring to do everything by yourself, but also the company cannot grow big.

Su Heyuan said: "I still have to listen to the old man, otherwise he won't give me the money. It would be a loss if I can't get such a large sum of money."

He could make money on his own, but he hated Grandpa Su so much when he thought about how he went to Hong Kong City and only took his original wife's children with him and abandoned him.

Lu Jiaxin could see that this guy hated Mr. Su very much, so he tried every means to dig out his money. On the one hand, he could vent his anger, and on the other hand, he could solve the current situation of insufficient funds in the factory.

(End of this chapter)


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