Chapter 94: Private Enterprises on the Verge of Bankruptcy



Chapter 94: Private Enterprises on the Verge of Bankruptcy

Lao Lin Restaurant is not far from the police station. It is a private restaurant, but the owner used to be a chef in a state-owned restaurant and is a great cook.

With the reform and opening up, the market economy replaced the planned economy. Some people were reluctant to give up their iron rice bowl, but some people started to go into business.

Since opening the Lao Lin Restaurant, the boss has made much more money than before.

There was already someone sitting in the restaurant. When Gao Guobing and Gao Mingcheng walked into the restaurant, the man immediately came forward to greet them with a smile.

"Here comes Chief Gao, please take a seat!"

He first gave the main seat to Gao Guobing, then looked at Gao Mingcheng and said with a smile: "This must be Section Chief Gao's nephew, right? Ha, what a handsome guy!"

While this man was looking at Gao Mingcheng, Gao Mingcheng was also looking at him.

The man was relatively young, about thirty years old, with a side parted hair, and looked in good spirits. Unlike most people, he did not wear the popular Zhongshan suit, but a Western suit and a pair of shiny leather shoes.

When he raised his hand, he was wearing a watch on his wrist, but his fingers were stained with some black stains that could not be washed off. In short, he looked like a successful person.

However, Gao Mingcheng had no impression of him.

"Captain Gao is here. What do we want to eat today?" The restaurant owner, Lao Lin, came over and asked with a smile.

Among these people, Gao Guobing had the highest status, so naturally he was respected. Gao Guobing first glanced at the factory director of the private enterprise, and the factory director immediately signaled Gao Guobing to order the dishes.

So Gao Guobing said, "Serve all your specialty dishes."

"Okay, then I'll make you some braised pork, pork belly and chicken, and pork ribs and kelp soup." After Lao Lin finished reading the menu, he saw that Gao Guobing and the others didn't say anything, so he went to the kitchen to get busy.

"Captain Gao, have some tea." The factory director of the private enterprise first poured a cup of tea for Gao Guobing, and then poured a cup of tea for Gao Mingcheng.

There was still some time before the dishes were served, so Gao Guobing began to introduce them to the two of them.

"Mingcheng, this is Su Tong, a young entrepreneur in our county. He founded an agricultural machinery factory and is doing very well. Su Tong, this is my nephew Gao Mingcheng. He is a young man who dares to think and act. Not long ago, he bought some medicinal herbs from the village and sold them at the Zhangshu Medicine Fair."

"Su Tong, this is the first time for my nephew to travel far away. Although he made some money by accident, he is definitely not as good as you in running a business. So I need you to take care of my nephew."

Gao Guobing's words and deeds showed that he and Gao Mingcheng had a very close relationship, and he directly asked Su Tong to take care of Gao Mingcheng.

When Su Tong looked at Gao Mingcheng again, his attitude became even more enthusiastic. He quickly said, "Section Chief Gao's nephew is just like my brother. I will definitely take care of him!"

In the first sentence, he seemed to be enthusiastic about wanting to pull Gao Mingcheng into his company to work, but in the next sentence, Su Tong suddenly burst into tears.

"Hey, Chief Gao, to be honest, my little shabby factory may go bankrupt before next year!"

Gao Mingcheng couldn't help but look at him with such a change of mood. Was he afraid that he would become dependent on him?

Gao Guobing's face darkened, and he obviously had a bad guess.

Those who dare to run a private enterprise must be very smart. Seeing this, Su Tong immediately explained: "Originally, it was right to ask Brother Mingcheng to work in the factory, but... in recent months, the factory has no orders and is almost out of work!"

"No way? Isn't this the time for township enterprises to rise?" Gao Mingcheng said subconsciously. In his impression, township enterprises will rise starting from this year.

By next year, Huawei and Wahaha will also be established. The story of the legendary factory manager Ma Shengli's rise to fame has also been widely spread.

But after seeing Su Tong's face full of bitter smile and helplessness, Gao Mingcheng immediately understood.

Township enterprises have risen, but not every township enterprise can rise! In a market economy, some people get rich, while others go bankrupt.

Gao Mingcheng was originally wondering why he had no impression of Su Tong. Now he suddenly realized that Su Tong's factory was likely to go bankrupt, so he had no impression of Su Tong.

"My father was originally a level 6 fitter in a state-owned factory, and I am also a level 4 fitter. But in recent years, I have seen others open factories and make money, and I feel very excited. In 1984, I persuaded my father to open the current agricultural machinery factory. Originally, relying on my father's technology and connections, the agricultural machinery factory also had orders at the beginning and made some money. But now..."

"To be honest, my dad has gone to work in another factory now. If I can't get any more orders, I will have to work in another factory too."

Su Tong's explanation ended with a sigh.

Gao Guobing frowned. He originally wanted to find a private enterprise to guide Gao Mingcheng so that Gao Mingcheng wouldn't have to rush around without knowing anything.

He approached Su Tong because Su Tong was young and might be able to get along with Gao Mingcheng. But he never expected that Su Tong would go bankrupt.

Gao Guobing is in a dilemma now. He cannot help Su Tong with the difficulties he encountered. He only knows how to investigate cases, but he doesn't know anything about corporate orders.

The atmosphere of the meal was visibly depressed.

"Director Su, what products does your agricultural machinery factory mainly produce?" Gao Mingcheng's question broke the silence in the room.

Su Tong said quickly: "Don't call me the factory director, just call me by my name. Our factory repairs agricultural machinery, manufactures some simple agricultural tools and cooking utensils, and can also produce some accessories for pressure cookers."

"Oh, have you ever considered a joint venture?" Gao Mingcheng smiled and proposed a new concept.

He was not the first to propose joint venture, but it was an inevitable process of the development of the times. The rapid rise of township enterprises was related to the market environment and joint venture.

The so-called joint venture means that private enterprises use the brand of state-owned enterprises, obtain the technical information of state-owned enterprises, then produce OEM products, and then give 5% of the profits to the state-owned enterprises.

To put it more simply, private enterprises suck blood from state-owned enterprises and then grow stronger. After private enterprises take away the market, some state-owned enterprises gradually go bankrupt.

So, when Gao Mingcheng heard that Sutong's factory had no orders and was about to go bankrupt, the concept of joint venture suddenly flashed through his mind.

"Joint venture?" Su Tong opened his blank eyes and looked at Gao Mingcheng in confusion.

So, Gao Mingcheng began to instill the concept of joint venture, as well as related operability, future prospects, etc. into Sutong.

After this meal, Su Tong felt as if he had been enlightened. However, when he thought about it carefully, he felt as if his body was suspended in mid-air and he did not feel grounded.

It's like I understand, but also like I don't.

(End of this chapter)

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