Reinforcement Panel: Tech Wars

Chapter 80 If you have money, you should spend it lavishly

After staying at his cousin's house for a few days, Wei Jiang wanted to leave and continue his journey south with his father Wei Yonghe, but he did not get permission from the owner of the house.

During the process, Wei Yonghe and Wei Jiang used various excuses but failed.

At dinner that evening, my uncle Wu Qisi came back for a rare visit, and everyone was finally together at the dinner table.

"Wei Jiang, you and your father are staying at home, so you can just chat with your aunt."

Wu Qisi seemed to have heard about the couple's plan to leave from his wife Wei Yonghong.

"I'm busy with factory work every day and don't go home often, so I can't take care of you. Brother-in-law, you and Wei Jiang, please bear with me."

Of course, Wei Yonghe couldn't have any objection to his brother-in-law Wu Qisi.

"I eat and live in your house, and Yonghong takes care of me, so how can I have any objections?"

"I know you're busy, but your career is more important."

After saying this, Wei Yonghe glanced at Wei Jiang next to him, pointed at his son and said to Wu Qisi:

"It's not good for the two of us to eat and drink for free here. This kid is idle anyway. If Wei Jiang can help you in any way, let him move around and run errands."

Wei Yonghong came out of the kitchen and placed the last dish on the dining table.

"Brother, what are you talking about? Let Xiaojiang take a rest. How can I let him run errands and do work when he is here?"

Wei Jiang smiled but his eyes were fixed on his uncle Wu Qisi. When the uncle came back in the evening, he looked worried, and it seemed that he had encountered something outside.

"Uncle, I'm right. If there's anything I can do to help, just let me know. I'm just sitting around doing nothing all day anyway."

"My aunt took the responsibility of taking care of my dad away from me. Now I have nothing to do every day. It would be nice to move around."

Seeing the look his wife was giving him, Wu Qisi began to think more.

How could a young boy like Wei Jiang help him with the trouble the factory is facing now?

Seeing Wei Jiang so active and recalling what his brother-in-law Wei Yonghe had just said, Wu Qisi misunderstood Wei Yonghe's meaning.

"Ask him to find a job for Wei Jiang?"

'Don't want to work as a car mechanic anymore?'

The two families have always had a good relationship, so Wu Qisi certainly couldn't refuse such a small matter.

After pondering for a moment, Wu Qisi nodded and looked at Wei Jiang.

"Since you are so enthusiastic, then okay, you can go to the factory with me tomorrow morning."

"Row."

Wei Jiang answered straightforwardly. His original intention was simple. Just like his father said, he felt a little uncomfortable eating and drinking for free at his cousin's house every day.

It is only right to return a favor and do something for others.

Wei Yonghe took the food that his cousin picked for him with a bowl. He was very happy when he saw Wu Qisi agreed.

"You're going to work, little brat. Don't cause trouble for your uncle."

"Don't worry, Dad."

After dinner, Wei Jiang gave Wuling Mini the task of running around at midnight, then returned to his room, turned on his phone and continued to advance the progress of the Manta Ray enhancement task.

Before the new product was finalized, the only thing Wei Jiang could do every day was to push forward the task of strengthening the two pieces of equipment on hand.

The next morning, Wei Jiang got up early, hastily ate the breakfast prepared by his cousin, and got into the car with his uncle Wu Qisi.

Sitting in the driver's seat consciously, Wei Jiang was very clear about his role.

"Uncle, you sit in the back and I'll drive. You can take a rest on the way."

Wu Qisi was in a depressed mood when he walked out of the room, but he felt better when he saw Wei Jiang's performance.

Because of things happening at the factory, he couldn't sleep until the early hours of last night. He wasn't in good spirits right now and kept yawning.

"Okay, come on then."

The two got in the car and navigated to the factory address Wu Qisi gave him. Wei Jiang stepped lightly on the accelerator and drove out of the parking space.

Siming Auto Parts Co., Ltd.

Wei Jiang knew that his uncle Wu Qisi had opened an auto parts company, which was actually in the same industry as his own Yonghe Auto Repair Company, so they were upstream and downstream companies.

There are many luxury cars on the roads in Vancouver, and the roads are clean. Driving Wu Qisi's Volkswagen Maybach, Wei Jiang felt that the handling was okay, except that the interior was a little old.

After passing through the bustling streets for more than half an hour, under the watchful eyes of the security guards, Wei Jiang drove the Maybach directly into the factory.

"Xiao Jiang, come with me to the office and have some tea first."

"There's no rush when it comes to work."

Wu Qisi stretched and pointed at the buildings in the factory to explain to Wei Jiang.

Manufacturing workshop, warehouse, office building, laboratory, through the other party's explanation, Wei Jiang realized that Siming Auto and Motorcycle Parts Company is still very strong.

Judging from everything we have seen so far, these assets alone are worth a lot of money.

"Hello, Mr. Wu."

"Mr. Wu, good morning."

Wei Jiang followed Wu Qisi wearing a piece of cheap clothes and was full of curiosity about his surroundings.

Apart from his own auto repair shop, he has never had a formal job and finds the workplace environment very novel.

When the employees they met on the road greeted Wu Qisi, they would look at the young man behind their boss with curiosity.

Wu Qisi's office is on the third floor of the office building, which actually has only three floors.

After entering the office, Wei Jiang found that the space inside was quite large, almost as big as his own yard in Xiafang Village.

There is an office desk, a lounge, a pool table, a treadmill, everything you need. It can be seen that Wu Qisi knows how to enjoy life besides working.

"Sit down and drink my tea, it's good."

Wei Jiang's butt felt a little uncomfortable when he sat on the mahogany chair, which was not as comfortable as the sofa.

"Okay, uncle, I'll do whatever you want."

"You don't seem to need to run around outside for a long time, otherwise I can drive you."

Wu Qisi poured tea for the two of them, sat up straight and looked around, as if thinking about what task to assign to Wei Jiang.

"It's good that you're so positive. My mind is a bit confused right now."

"Let me think about it"

Wu Qisi picked up the teacup and was about to take a sip when someone knocked on the open office door.

Dangdang~

"Come in."

"Boss Wu, the sales team reported that Baojun has temporarily requested to reduce the scale of parts procurement for the second time this month."

"Why don't you talk to them?"

The person who came was a middle-aged woman in her 40s, with an average build. She wore glasses but had a capable temperament.

After the woman finished speaking, she noticed Wei Jiang who was sitting opposite Wu Qisi.

"It's okay, my nephew Wei Jiang."

After introducing Wei Jiang, Wu Qisi sighed, indicating that what the woman had just reported was not good news.

"I understand what you said. Tell the sales team to keep in touch with the other party."

"In addition, we need to find ways to expand other customers as soon as possible. The company needs to see results in overseas customer development as soon as possible."

Wu Qisi stopped talking halfway and said in a serious tone:
"I will communicate with Baojun today."

"Okay, Mr. Wu."

"If there's nothing else, I'll go notify the sales team right away."

Seeing the woman turn around and about to leave, Wu Qisi, who was worried about the company's product sales, looked at Wei Jiang who was watching him from the side.

"Secretary Liang, wait a minute."

"Take Wei Jiang to the factory to familiarize himself with it first."

Wu Qisi looked at Wei Jiang and said in an awkward tone:
"Wei Jiang, you can see that I, your uncle, have a lot of things I don't know what to do."

"I can't think of what to arrange for you to do."

"How about letting Secretary Liang take you around the factory first? If there's anything that interests you, we can discuss it when you come back?"

Seeing that Wu Qisi was indeed busy, Wei Jiang knew what he should do.

"Okay, uncle."

Smiling at Wu Qisi, Wei Jiang walked up to the secretary named Liang.

"Secretary Liang, thank you for your help."

Liang Xiao was a little surprised when he saw the boss's nephew who suddenly appeared.

'Bring your nephew to the company for training?'

"It should."

Before leaving the office, Wei Jiang looked back and saw Wu Qisi taking out his cell phone, looking dazed and hesitant.

For the next hour, Wei Jiang followed Secretary Liang and started from the company's sales group and visited most of the departments of Siming Company.

Of course, the security department and the logistics department were not included. Liang Xiao was not stupid enough to take his boss's nephew to these two departments. After the trip, Wei Jiang finally figured out what the specific business of Siming Company was.

Siming Auto and Motorcycle Parts is an integrated manufacturing enterprise focusing on the research and development, production and sales of electric vehicle brakes.

"Secretary Liang, the Baojun you just mentioned to Mr. Wu is the Baojun car I know?"

After a while of contact, Liang Xiao had a good impression of Wei Jiang. It was obvious that this young man knew a lot of technical skills when he was communicating with the old craftsman in the factory.

"That's the company. The parts it produces have been supplied to the other party to produce cheap electric cars."

"But since last year, Baojun's purchase volume has been declining."

“The company’s revenue has been directly affected.”

From the hesitant expression on Secretary Liang's face, Wei Jiang realized that Siming Company's recent revenue must be poor. This should be the reason why his uncle Wu Qisi worries every day.

"understood."

"I just looked at the company's products. To be honest, the specifications are indeed a bit lacking and cannot keep up with the current development pace of the electric vehicle industry."

Liang Xiao looked at Wei Jiang in surprise. Could it be that this kid really wanted to do something by coming to the company?

"I didn't expect you to know so much."

"Generally, my family owns an auto repair shop, so I know some industry news."

Liang Xiaoming nodded without further comment.

After returning to the office building and saying goodbye to Secretary Liang, Wei Jiang slowly walked towards Wu Qisi's office.

When we arrived outside the office door, Wu Qisi's voice came through the door.

".We have been cooperating for so long, and there has never been any problem with the quality of Siming products."

". I understand if you reduce the production of a certain model, but isn't the overall production of your company's cheap cars very stable? There is always a demand for spare parts."

".The shipping price is reduced by half, please take a look"

Wei Jiang frowned slightly. He had seen the production line of Siming Company.

The output is limited and the products are mid- to low-end. In the highly competitive market of Dongda, we can only take the approach of small profits but quick turnover.

Wei Jiang believed that the previous shipping price must have been pushed down low enough.

If it drops by another half percent, it will be a question whether Siming Auto and Motorcycle Parts Company can maintain positive profits.

“It’s not easy to be a big boss.”

"It's better to run Yonghe Auto Repair Shop easily, without having to worry about so many things."

When walking around the factory just now, Wei Jiang saw that many of the workers were quite old. From Secretary Liang's introduction, he learned that these people had been working in the factory for many years.

He has rich experience and good skills, but he is not receptive enough to new technologies.

The existence of this group of people has affected the company's development to a certain extent, but Wu Qisi has not dismissed this group of people because of their previous relationship.

"A company is just a bunch of people. It's not easy for my uncle either."

I sighed a few words and thought of my cousin Wei Yonghong and cousin Wu Kai. They seemed to have no idea about the current situation of the company.

When the office behind him became quiet, Wei Jiang knocked on the door and walked in.

Wu Qisi looked depressed, and it was obvious that the communication just now was not smooth.

"Uncle, your company is really big."

"There are more than 200 people."

When Wu Qisi heard this, he forced a slight smile on his face.

"Let's not talk about that anymore. After taking a look around, what do you think? What kind of work do you want to do?"

Since we can’t reach an agreement on business matters, let’s make arrangements for Wei Jiang first.

Wu Qisi didn't think it was a big problem to assign Wei Jiang to work alone in such a large company.

Seeing the unconcealable boredom on Wu Qisi's face, Wei Jiang took out a cigarette from his pocket, took out a cigarette and handed it to him.

Wu Qisi was stunned for two seconds, then reached out to take the cigarette, and Wei Jiang helped him light it.

"Uncle, I can do anything, even guard the gate."

"But what I want to say is that Siming Company must reform."

"I'm going to say something you may not like, but there is a term that can accurately summarize the current Siming Company."

Wu Qisi held a cigarette in his right hand and looked up at his nephew.

Wei Jiang, who suddenly mentioned the company's management, made Wu Qisi feel a little unfamiliar.

How shameless of him to let a young graduate give advice to a company boss?

Everything that happened before his eyes made Wu Qisi suddenly laugh out loud in anger.

The depressed and irritable mood just now seemed to have faded a little.

"Oh, tell me what the word is."

Wei Jiang sat up straight and looked at Wu Qisi sincerely.

“Low-capacity production.”

With the cigarette butt in his mouth, Wu Qisi choked and coughed several times.

After picking up the teacup and drinking it, Wu Qisi finally recovered and looked at Wei Jiang in frustration.

"Tell me the truth, where did you see this word?"

"Were you often beaten when you were a child?"

"You are such a rude boy."

Wei Jiang could see that his uncle was a little angry, but his expression did not change.

"The truth hurts!"

"The low-cost electric car industry will only become more and more competitive in the future. In order to control costs and gain price competitiveness, automakers will vertically integrate all aspects of the upstream and downstream of the automotive industry. This is the trend."

"It will be difficult for medium-sized auto parts companies like Siming Auto Parts to survive in the future, unless you can have a stable sales channel in the overseas low-end market."

"Uncle, I believe you understand better than me."

“The recent decline in sales is a sign that this trend has arrived.”

After Wei Jiang finished speaking this time, Wu Qisi calmed down a lot, but he smoked a little faster.

Wu Qisi was of course a little embarrassed to be taught a lesson by a junior.

But if the facts the other party said made her unable to refute, he could only remain silent.

The cigarette in his hand had already burned to the butt, and just as he was about to take another puff, another cigarette was handed to him. Wu Qisi looked up and saw Wei Jiang's indifferent gaze.

"Do you still want to smoke?"

Wu Qisi shook his head and put out the cigarette butt in the ashtray.

"Uncle, you don't actually have to worry about sales."

"If we increase investment to introduce equipment and improve product quality, Siming Company will be able to survive."

Wu Qisi shook his head and sighed, leaning back and glancing at Wei Jiang.

"Where does the money come from?"

"Like you said, the prospects for medium-sized auto parts companies are not good. I tried to get a bank loan, but it was not approved!"

"It will cost at least 5 million to upgrade the production capacity! Where will we get so much money?"

He thought that after his explanation, he would be able to make Wei Jiang realize how difficult it is to run a business and help him regain some face as an elder.

The result disappointed Wu Qisi. Wei Jiang was not scared by the huge figure of 5 million. On the contrary, an inexplicably confident smile appeared on the boy's young face.

Under Wu Qisi's gaze, Wei Jiang spoke softly.

"5 million is not enough. If Siming wants to develop in the long term, it will need at least 10 billion in funding."

“And this 10 billion.”

"I vote."

Wu Qisi was stunned for a second, then burst out laughing.

"Ha ha ha ha."

"Do you think you are dreaming?"

"Okay, okay, I know you want to help me, I appreciate your kindness."

"Your family works in auto repair, and you know enough about cars, research and development, and testing. Where do you think you want to go?"

Wei Jiang shook his head, took out his mobile phone and started operating it.

Ignoring Wu Qisi's gaze, he sold some bitcoins from the Bitcoin wallet, and soon 1 million US dollars appeared in Wei Jiang's US dollar account.

He pushed the phone screen in front of Wu Qisi who was still teasing him.