Chapter 65 Joint Venture



"I'm planning to invite you to start a factory together. Are you interested?" Zheng Dandan looked at Cheng Huadong with a smile.

"Set up a factory?" Cheng Huadong looked at Zheng Dandan in surprise, obviously very surprised by this.

"Yes, I want to open a canning factory. Don't you think the quality of our fruits is very suitable for export?" Zheng Dandan's face was full of confidence, and a hint of ambition quickly flashed in his eyes.

Her focus was never limited to domestic interests. While domestic purchasing power was strong, it had long been weak and impoverished, making it far less profitable and lucrative than foreign exchange. Furthermore, the country was developing its economy and needed foreign exchange, so she was happy to serve.

"Why choose me?" Cheng Huadong looked at Zheng Dandan without blinking. He felt that Zheng Dandan seemed more charming like this.

"Our cooperation experience has always been pleasant. Is that a reason?" Zheng Dandan said with a smile.

"I mean, I thought you would do it alone." Cheng Huadong said. In his eyes, Zheng Dandan has always been a solitary, independent and mysterious person.

"Maybe you don't know, but private factories are not allowed here at present. Of course, this does not include the returning businessmen you invested in," Zheng Dandan explained.

Private factories will not be allowed until at least after land is distributed to households, which is still nearly a year away.

Zheng Dandan hopes that she can take a step ahead instead of having to follow the policies.

Now, in addition to seeking cooperation from returning businessmen to set up a factory, the only option is to ask state-owned enterprises for advice. Zheng Dandan wants to make a profit, so of course she decisively chooses the former.

"I see. I hope we can continue to have fun together." After Cheng Huadong cleared up his doubts, he accepted Zheng Dandan's invitation without hesitation.

Putting aside his selfish motives, the plan proposed by Zheng Dandan has a reasonable distribution, and he is very confident that he can make a profit.

"If you agree, we will hold the shares 40% and 60% respectively. You will be responsible for providing factory establishment information and export trade, and I will be responsible for factory operations, production and materials. Is this acceptable to you?" Zheng Dandan suggested.

Cheng Huadong, who seemed easy to talk to, shook his head at this moment. "Fifty-fifty."

Zheng Dandan looked obviously hesitant when she heard this.

Cheng Huadong continued, "Since we're setting up a factory together, the divisions shouldn't be both clear and vague. Your plan clearly defines our respective responsibilities, but the funding is very vague."

"What do you mean?" Zheng Dandan asked humbly, as she was not very familiar with this.

"We will inject capital in a 30:70 ratio to be responsible for the factory's costs, operations, and trade. I will still be responsible for factory materials and export trade, and you will be responsible for factory operations, production, and material sources. The final profits will be split 50:50." Cheng Huadong said.

It seems that his proposal is very similar to Zheng Dandan's, but in fact, they are completely different. Zheng Dandan's separate responsibility also includes funding, which is obviously inappropriate.

"Okay." After thinking for a moment, Zheng Dandan agreed to Cheng Huadong's proposal. She looked at Cheng Huadong and asked, "Do you have any idea about the specific funding?"

"I provide 350,000 and you provide 150,000, is that okay?" Cheng Huadong asked.

"Okay." Zheng Dandan nodded. "But I need to rent a barren mountain to myself. Can I use the factory's name? I'll pay you a one-time handling fee of 5,000 yuan."

At this time, it is possible to start contracting wasteland, but unfortunately the time is relatively short, only thirty years.

It’s not that Zheng Dandan can’t come by herself, but if she does, it will inevitably make too much noise and attract attention.

"Sure," Cheng Huadong agreed. He had no shortage of five thousand yuan and was happy to help Zheng Dandan. However, business matters needed to be carefully calculated to ensure long-term success.

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