Although Li Shaozhong and his companions had only been away from Haizhou for a few days, many people were waiting to find him.
Previously, Chen Zhongyi, the director of Yongjia Fertilizer Plant in Yongning City, had been in contact with Li Shaozhong, hoping that Li Shaozhong could invest in Yongjia Fertilizer Plant.
Yongjia Fertilizer Plant was established relatively early, is small in scale, and has very old equipment. Given the current market demand for fertilizer, Yongjia Fertilizer Plant's limited production has long been unable to meet market demand.
Furthermore, due to equipment problems, the quality of fertilizers produced by Yongjia Fertilizer Factory was also relatively poor. If this continued, it would soon be eliminated from the market. Chen Zhongyi had long been aware of this.
The challenge facing Yongjia Fertilizer Plant is to carry out technological reforms as soon as possible to improve both the quality and output of fertilizers.
However, the country currently has limited funds, and there are too many projects that require state investment. It is uncertain when the funds for a small factory like Yongjia Fertilizer Plant will be approved.
In addition, the higher authorities also suggested that Chen Zhongyi find investors to cooperate with him.
Although some shares will be ceded, Yongjia Fertilizer Factory can obtain funds for technical transformation. Only in this way can Yongjia Fertilizer Factory survive.
Chen Zhongyi was then led to Li Shaozhong, who was also interested in collaborating with Yongjia Fertilizer Factory. He also understood the factory's situation and knew it needed significant changes.
To produce better fertilizers that better meet market demand, Yongjia Fertilizer Factory needed to adopt new processes. Not only would nearly all of its equipment need to be replaced, but even the factory building would need to be rebuilt. This wasn't simply a matter of capital investment.
Both the process and the equipment needed to be replanned. Furthermore, most of the equipment currently needed by the fertilizer plant had to be imported. This all required Li Shaozhong's attention. Therefore, the cooperation with Yongjia Fertilizer Plant remained at the initial stage of negotiation.
After several discussions with Li Shaozhong, Chen Zhongyi had already submitted a report. He was given full autonomy to discuss the possibility of developing the fertilizer plant without state funding.
As soon as the approval document came down, Chen Zhongyi hurried to find Li Shaozhong, but he didn't expect that Li Shaozhong was not at home and had gone out for a long trip.
Chen Zhongyi called every day, and as soon as he got the news that Li Shaozhong had returned, he went straight to Qixing Laboratory to find him.
Li Shaozhong knew that he couldn't just sit back and do experiments in the lab. He had to deal with some backlogged work.
When Chen Zhongyi came to see him, he had to receive him.
Chen Zhongyi placed the approved document in front of Li Shaozhong and said, "The higher-ups have given me complete autonomy. From now on, the fertilizer plant will be responsible for its own profits and losses. We have full control over our cooperation."
Li Shaozhong looked at the document and said, "In that case, let's proceed to the next step. I will find professionals to conduct a comprehensive assessment of your fertilizer plant, and then combine it with the investment I need to determine our respective shares. You should be most familiar with the current situation of Yongjia Fertilizer Plant. I estimate that most of the equipment will need to be replaced, and even the factory building will need to be rebuilt, and even a new factory building will need to be built. This will cost a lot of money.
The investment required is huge, and I'll likely have to own more than half of the shares. Do you agree?"
Li Shaozhong wanted to take the future operation and management rights of the fertilizer plant into his own hands, at least to be able to decide how the fertilizer plant should be operated in the future.
He didn't want to continue using the old management methods, otherwise he might as well build a new fertilizer plant himself.
Although it is impossible for him to manage the fertilizer factory personally, the managers of the fertilizer factory have to manage it according to his ideas.
Chen Zhongyi also knew that if the fertilizer factory continued like this, it would not be long before it would go bankrupt, and then he and other workers in the factory would be laid off.
If they could get Li Shaozhong's investment, not only would they be able to upgrade their fertilizer factory, but they would also have a big backer.
Given the abilities of Li Shaozhong and his wife, their fertilizer factory was sure to flourish. Even if Li Shaozhong became a major shareholder, it wouldn't matter. After all, he had invested real money. And Yongjia Fertilizer Factory truly had nothing of value left.
Chen Zhongyi said, "That's no problem. Since you invested more money, of course you should take the lion's share."
The two quickly decided on the next steps. Once the overall assessment of the Yongjia Fertilizer Plant was complete, they could proceed to the next step.
At this point, Chen Zhongyi knew that the cooperation with Li Shaozhong was complete, and he breathed a sigh of relief.
He knew about Li Shaozhong's deeds and knew that he would not take advantage of the country. This was why he tried his best to promote cooperation with Li Shaozhong.
Li Shaozhong also explicitly told Chen Zhongyi that he would not personally participate in management, and that Chen Zhongyi would continue to be the director of Yongjia Fertilizer Plant. After understanding Chen Zhongyi's situation, Li Shaozhong felt that he was a capable person and that it would be best for him to continue as the director.
Chen Zhongyi was very happy to learn that Li Shaozhong wanted him to continue to be the director of Yongjia Fertilizer Factory. This way he had nothing to worry about.
After receiving Chen Zhongyi, Qian Zhuoli, the director of Haizhou Machine Tool Factory, came again.
Qian Zhuoli and Li Shaozhong had already confirmed their intention to cooperate, and now the two parties only need to sign the contract.
Qian Zhuoli and Li Shaozhong had met many times, and the two were quite familiar with each other. "Mr. Li, although you weren't here before, your staff has already completed all the preliminary work. We will each hold half of the shares. When do you think we should sign the contract?"
Li Shaozhong said, "I've heard the report from my subordinates. Let's pick a date to sign the contract. Then I'll send technicians into the factory to replace or modify any equipment that needs to be replaced.
In our laboratory, I have led people to develop two devices. Together with other equipment purchased from outside, we will make all the parts and equipment that the machine tool factory needs to replace.
This time we are producing everything ourselves and will gradually replace imported equipment."
Although Haizhou Machine Tool Factory has a lot of imported equipment, it's quite old and would have been obsolete overseas long ago. Yet, they still use it. Furthermore, some of the imported equipment is broken and can no longer be used due to a lack of spare parts.
The equipment developed in Li Shaozhong's laboratory is of course much better than those old equipment.
If Li Shaozhong wants to quickly improve the level of basic industries, then the industrial production equipment must be improved first.
In particular, industrial mother machines must be upgraded to produce more advanced and higher-precision equipment.
Qian Zhuoli had previously visited the lab and seen the equipment Li Shaozhong and his team were working on. It was truly excellent. In any case, Qian Zhuoli felt it was no worse than the imported equipment.
Moreover, they can't just buy foreign equipment whenever they want. If they can produce it themselves in the future, it will directly break down certain barriers, and some countries may no longer control it so strictly.
Maybe, as Li Shaozhong said, those foreigners would have to beg them in the future. He really looked forward to that day.
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