Several leaders exchanged glances and whispered a few words. Finally, one of them spoke up, "Since you're sincere and your plan is relatively feasible, we're willing to sell the factory to you for 50,000 yuan. We hope you'll keep your promise, run the garment factory, and contribute to local economic development!"
Fan Hua and the other two were all a little excited at this moment, but they tried not to show it on their faces. Actually, their minimum price was 60,000, so getting the factory for 50,000 was a real bargain!
Several people quickly stood up, and Fan Hua took the lead in expressing her gratitude: "Thank you for your trust, leaders. We will definitely not let you down and will work hard to make the garment factory prosperous!"
In this way, they finally acquired the textile factory for 50,000 yuan in the summer of 1980, and took the first step towards starting their own business!
Over the next few days, they set out separately. Geng Ailing went to handle the relevant procedures, Fan Youcheng contacted the factory for renovation and transformation, and Fan Hua was responsible for ordering relevant equipment and materials.
Although they were exhausted these days, they were full of energy.
Geng Ailing's work went relatively smoothly, thanks to the help of Xie Yongliang. Director Xie personally accompanied his wife to apply for the certificate in his public security uniform. The staff were very polite to them, and within a few days, all the procedures for purchasing the factory and the factory license were completed.
Fan Youcheng asked Zheng Zening for help, and Zheng Zening used his father's connections to quickly purchase the relevant materials needed for decoration, and the factory began to be renovated in full swing.
Only Fan Hua encountered some difficulties when purchasing equipment and contacting suppliers. Firstly, in that era, purchasing sewing machines required an industrial ticket, and it was difficult to get so many machines at once. Secondly, most clothing material suppliers either refused to supply or raised the price when they heard that they were a small clothing factory that had just started. She visited several of them, but in the end, the negotiations were not very smooth.
Just when Fan Hua was in trouble, Director Liu came to her door.
The original purpose of Director Liu's visit was to help Fan Hua introduce a clothing material supplier. After all, he had been the director of a textile factory for so many years and had a wide network of contacts. Although their textile factory had gone bankrupt, he still knew many bosses of other textile factories.
Fan Hua then realized that she was being stupid. She didn't use the person in front of her and was thinking of waiting until the garment factory opened before rehiring Director Liu. This was a complete waste of resources!
So she told Director Liu about her current troubles. In order to smoothly rehire her, Director Liu immediately patted his chest and promised, "Boss Fan, I'll take care of this!"
Director Liu lived up to expectations. A few days later, he brought several suppliers to the factory building under renovation.
Fan Hua warmly welcomed them. Director Liu smiled and introduced them, "Boss Fan, these suppliers are all long-time friends of mine. They are willing to supply goods at a relatively reasonable price. They can take a partial deposit first and provide a portion of the goods, and then settle the balance after the garment factory becomes profitable."
Fan Hua was pleasantly surprised and signed the supply contract on the spot.
Director Liu also came up with a solution regarding the industrial tickets for sewing machines.
Through his old connections, he found a small factory that was about to undergo a restructuring and no longer needed sewing machines. The factory was willing to transfer some of its remaining sewing machines to Fan Hua. Although the number was still a little short, it had already solved the immediate problem. He could gradually add more machines as the scale expanded.
With the equipment gradually arriving, the factory renovation is finally nearing completion in September and we are ready to officially open!!!
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