Everyone seemed to be relieved of the tension in an instant, but they were still a little scared, afraid of being hit by the market backlash. Everyone was quiet for the whole morning.
At this moment, not only Lu Feng was waiting, but Ren Qianbo was waiting as well, and most of the local business community was waiting for Lu Feng to achieve profit recovery. The goods that had been distributed had captured the hearts of users, and even if the retail market bosses did not recommend them, they would still buy them.
The truck, loaded with goods, first went to the local wholesale market in the morning, only to find that prices had risen and the vendors had gathered. It then went to two other markets, but was turned away by both. The driver then took the goods and headed straight out of the city to the neighboring city.
At 10:30 a.m., a truckload of goods was successfully sold.
Truckloads of goods were shipped out of the factory. Although fewer people were hauling goods, everyone was waiting for the price to drop and for Lu Feng to make a fool of himself. However, three truckloads left in the morning, and not a single one was returned.
The wholesale market is shipping out large quantities of goods, constantly urging these people to buy if they want to make money, otherwise they won't make any. The market is starting to force vendors to comply.
Starting in the afternoon, people lined up to haul goods, and truckload after truckload of goods were hauled away. Da Tou stared at the ledger all afternoon without closing his mouth.
It continued until 7 p.m., when it was completely dark. In the office, Da Tou, holding the ledger, was all smiles. He cleared his throat and said, "Quiet down, everyone. I'm here to announce that we made 4,800 yuan today!"
"applaud!"
Everyone applauded in unison, and Lu Feng, sitting in his chair, also joined in. This was only a 10% profit margin; with full-scale production, the factory's daily net profit would be at least 50,000 yuan.
What does that mean?
A monthly profit of 1.5 million is an astronomical figure for ordinary people today.
"Alright, this is just the beginning." Lu Feng said with a warm smile, "Let's release our data. Everyone should get some rest. We should increase manpower as needed during this period. This factory has a full capacity of eight or nine hundred people, which is far from enough."
Lu Feng's so-called public announcement was merely a way to convey a message to Ren Qianbo.
Inside the Wanyuan Foods office, the lights were bright. Ren Qianbo sat in a chair, looking as if all his energy had been drained. The room was so quiet you could hear a pin drop.
“Mr. Ren, things have come to this point, I should be going.” Liu Biao said softly.
"Let's wait a few more days. There are still some employees left. Could you arrange for them to be paid?" Ren Qianbo said weakly.
"Okay, there's not much money left in the account."
"Give them those children's food items as payment for their wages, take it or leave it."
"knew!"
Liu Biao stood up and walked out, and the room fell silent again. The local business community was in an uproar. Lu Feng's profits meant that Ren Qianbo had no chance at all.
Everything happened too fast; a company went bankrupt in just one month.
Mr. Huang's phone kept ringing as he chatted with people about the two children's food factories. After hanging up, he leaned back in his chair and let out a long sigh, as if he had satisfied his gossip. He had witnessed the rise of a man from beginning to end, which was quite rare.
The next day, Wanyuan Foods announced the temporary closure of its factory area, and the owner, Ren Qianbo, disappeared. In the morning, a large group of suppliers and workers demanded their wages, holding banners and blocking the factory gate.
When Lu Feng rode by on his motorcycle, he stopped, lit a cigarette, and watched for a while, thinking to himself, "What goes around comes around, and today it's my turn."
Having lost its last bit of competitiveness, Lu Feng now dominates the entire children's food market. When customers face children's food, they have no choice, and the fangs of a businessman are revealed without hesitation.
Profit margins have all recovered.
Inside the office, Gao Zhiwei hesitated and said, "Isn't this too fast? Wanyuan just announced the production halt, and we're already raising profits so high. Let's take it slow."
Lu Feng pointed to the calendar next to him and shook his head, saying, "It can't be slow. I've calculated it, and we've burned through 820,000 this month. We need to make up for it, and there are only 20 days left. That's 40,000 per day!"
"Alright, let's see how things go today. If we follow your estimate, our factory, if fully staffed, will make over a million in profit each month."
Gao Zhiwei slapped his thigh excitedly and exclaimed, "Over a million!"
"Look at you, so naive. You used to work at Wahaha. There are only two or three months left until the end of the year. This year's goal is to get this factory up and running, then buy the factory in Wanyuan, and put all our effort into production to take over the provincial market first." Lu Feng pondered for a moment and said, "It would be even better if we could be rated as an outstanding enterprise at the beginning of next year."
Gao Zhiwei nodded happily and said, "Then we'll open factories in other provinces, advertise on TV, hire celebrities, build a brand image, and then go international."
Seeing that he was getting more and more out of control, Lu Feng hurriedly said, "Stop, stop. There is a prerequisite for doing all this, and that is that the suppliers must be stable. If the industrial chain cannot be formed, nothing can be done."
"So what do you mean?"
"Let's fill in the accounts first, then make plans." Lu Feng pondered and said, "If we don't earn enough, we can try to borrow some. We've already overcome such a huge pit, what's a little pit? If we have extra money, we should still buy a car, it's too damn cold."
"Hahahaha!" Gao Zhiwei laughed. Lu Feng said he would buy a car in a month, and it seems that he is about to make it happen.
Although Lu Feng had estimated today's profits, he was still shocked. By 6 p.m., the products were completely sold out, and there were still long queues at the door, forming a buying frenzy.
Lu Feng immediately contacted the human resources department, instructing them to recruit staff from the job market, implement a two-shift work system, and purchase new machinery.
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