The car giant started by marrying the daughter of the king

Chapter 226 Director, there is no money in the account!
Jiang Hui moved quickly.

That afternoon, Hou Guoming was appointed director of the newly established R&D center and head of the production management department.

At the same time, Jiang Hui specially convened a meeting of the heads of various departments in the factory.

"Director, there's no money in the account!"

When it was the turn of Finance Minister Lin Ying to speak, she immediately brought Jiang Hui bad news.

It is only October 1980. Although Jiang Hui’s contract has come into effect, the assessment tasks will start on January 10 next year.

Normally, for the remaining two months in 80, the relevant funds would be allocated by the First Ministry of Machine Building.

But the First Ministry of Machine Building is also short of money now, and many of its factories are applying for funding.

Although Jiang Hui could also go to Qin Hao and Zhou Jian at this time, it always felt wrong to ask for money from the department as soon as he took office.

Fortunately, Jiang Hui originally wanted to wait until Zhu Lin’s company in Gangcheng was established before forming a joint venture with Chaoyang Motorcycle Manufacturing Factory. Now there is no money in the factory’s account, which is a good excuse.

"A good cook cannot cook without rice. If the factory has no money, it will be very difficult to purchase new equipment or put into production of new products."

"Does anyone have any ideas?"

Although Jiang Hui had already made a decision in his heart, some things were not so good to come out of his mouth directly.

"Director, how about we apply for some funding from the First Ministry of Machine Building?"

This is what Li Zifu often did in the past, and his first reaction now is naturally to ask the department for money.

"I heard that some factories can borrow money from banks. Or we can borrow some money from the bank first and pay it back when the business situation improves?"

Relatively speaking, Chang Hongjian's suggestion is more reliable and innovative.

However, many people still find it difficult to accept the idea of ​​borrowing money.

It’s not like in later generations, where people think that being able to borrow money is a skill.

"Director, we have more than 200 people in our factory, and it costs almost 10,000 yuan per month just to pay their salaries."

"Not to mention the long-term considerations, even if we calculate it by the end of next year, there are still 14 months of wages to be paid, which is 14 yuan."

"The factory is going to introduce a new product, so we will definitely have to import some new equipment and find a supporting factory to make molds and produce new parts."

"Just the purchase of new equipment and new testing instruments alone may cost hundreds of thousands of yuan, or even more."

"As for the development and production preparation funds for new products, I think it will take at least several hundred thousand yuan."

"According to this calculation, the factory will need about 100 million yuan in funds to fully revitalize it."

"Given our continuous losses, I guess no bank will lend us money, right?"

Hou Guoming knew that Jiang Hui was planning to set up a joint venture, but before officially bringing up this topic, he naturally had to shatter everyone's other fantasies.

Otherwise, everyone may not reach a consensus on establishing a joint venture.

Although Jiang Hui is the factory director, it would be difficult for him to act on his own if there are too many people who oppose him.

It is easy to leave a bad reputation, especially in the beginning.

"The bank is unwilling to lend us money, and the First Ministry of Machine Building certainly doesn't have that much money to allocate to us."

"I heard that Sanqi's projects may be cancelled due to funding difficulties."

"Under this situation, how could there be any funding for our factory?"

Chen Chenxing also stood up and expressed his opinion at this time.

"Or should we ask all employees to contribute a sum of money, so that the factory can borrow from everyone?"

"Once we're through this difficult time, will we return the money and interest to everyone?"

Hou Guoming deliberately proposed a plan that no one could accept, in order to eliminate the possibility of everyone opposing the joint venture later.

Sure enough, as soon as he finished speaking, Li Zifu immediately said, "Director, Director Hou, the factory has been in a difficult situation in recent years, and few of the workers have enough money. I think it is totally unfeasible to ask everyone to borrow money."

Not to mention others, even Li Zifu himself was unwilling to lend money to the factory.

Others get paid for work, but if they have to pay for work, what does that mean?
So he could imagine that after this plan was introduced, it would definitely be resisted by many people and even cause trouble.

"This plan is probably difficult to implement and is likely to be criticized."

Finance Minister Lin Ying also did not support this option.

These days, no one has extra money.

Especially for families with wives and children, they almost never have much spare money.

Even if they have money, they are reluctant to spend it.

"If there is no money, the factory will fall into a vicious cycle and the future development prospects will be pessimistic."

Hou Guoming said with a deliberate frown.

The others also looked a little sad after hearing this.

"Director, I have a friend who works at Capital Air Catering. Their factory was not doing well and was even making a loss."

"But after cooperating with the company in Hong Kong this year, the situation has changed immediately."

"They brought in funds and advanced equipment, and even brought the chef from Hong Kong City."

"It is said that one month's salary nowadays is equivalent to several months' salary of many factory workers."

When Chen Chenxing said this, everyone's eyes lit up.

If he had mentioned this at the beginning, everyone would probably have been very worried.

But now that the plan to raise funds has come out, the joint venture does not seem to have such a big impact.

Especially since I heard that the salary and benefits have improved after the joint venture, it is even more worth looking forward to.

"I've also heard about this. Capital Air Catering has indeed cooperated with a company in Hong Kong City, and its performance seems to have improved all of a sudden."

As the deputy director of Chaoyang Motorcycle Manufacturing Plant, Li Zifu is naturally very concerned about many things happening outside.

In particular, Capital Airlines Catering prepares a variety of delicious foods, which are more likely to arouse heated discussions among the people.

It is rumored that the bread they make is very delicious, and many foreign-related restaurants in the capital order bread from them.

"Capital Airlines Catering specializes in providing meals for airlines, so it has a fixed customer base."

“So the performance changed very quickly after the joint venture, and we were able to find a suitable joint venture partner.”

"But the situation of our factory is more complicated than theirs. Will there be any companies from Hong Kong or abroad interested?"

Chang Hongjian's question expressed what many people were thinking.

A joint venture seems to be a good choice, at least for the current Chaoyang Motorcycle Manufacturing Plant.

But someone has to be appreciative of it.

"Director, you have visited America before and met some foreign friends. Do you know any foreign companies that are interested in investing in our factory?"

After Hou Guoming said this, Li Zifu and Chang Hongjian, who were slow to realize it, began to realize something.

Could it be that this new factory director has already found a joint venture partner and is coming here just for the joint venture factory?
If this is really the case, then the various goals after the factory reform seem to have hope of being achieved?

However, if a joint venture partner is introduced at that time, the situation will become complicated.

This kind of thing doesn't seem like something they can get involved in.

"I'll try to make contact."

Jiang Hui didn't say much, just said that he would push it forward.

"Director Hou, isn't your brother in Hong Kong? Can you ask him to help see if there are any companies in Hong Kong that are interested?"

Chen Chenxing also chimed in.

In response to this, Hou Guoming naturally said that he would work hard.

Gradually, the current management of Chaoyang Motorcycle Manufacturing Factory has acquiesced to the joint venture.

Anyone who objects can come up with a better solution.

"Director Hou, please discuss with the Finance Department and other departments to see how much money the factory will need to introduce a new product. Then I will report to the First Ministry of Machine Building about the introduction of a foreign-funded joint venture."

Although I am the factory director, the factory still belongs to the state.

If we want to set up a joint venture, we must get the approval of the Ministry of First Machine Building.

Moreover, this is the first joint venture company under the Automobile Bureau of the First Ministry of Machine Building, so it will definitely take time to discuss.

If we report it now in advance, things will go much faster when the company established in Hong Kong City officially arranges people to contact us.

……

"Jiang Hui, did you have a smooth trip to the factory today?"

That night, as soon as Jiang Hui returned home, Zhu Lin began to care about what happened today.

Although she also supported Jiang Hui to contract the factory, this was the first time such a thing had happened.

No one knows how the situation will develop.

"Everything went smoothly. With the leadership of the Ministry of Machinery in charge, no one dared to come out and cause trouble."

"Besides, the factory has been making losses for three consecutive years, and everyone's desire for change is different from that of workers in other factories." Contracting and operating a loss-making factory has its disadvantages, but naturally it also has its advantages.

Especially for Jiang Hui, it is more important for the people in the factory to keep quiet than to make profits at the current stage.

Besides, the more obvious the contrast between before and after, the more powerful you appear.

"That's good, but if we bring up the idea of ​​setting up a joint venture, I guess there will be a lot of people who oppose it, right?"

Zhu Lin knew that he would soon have a new company under his name in Gangcheng, and would cooperate with the Chaoyang Motorcycle Manufacturing Factory.

She was very worried that this matter would eventually go wrong.

After all, although joint ventures already exist in China, they are definitely rare things and many people have not yet come into contact with them.

"This matter was also formally discussed today, and no one objected."

Jiang Hui briefly told Zhu Lin about today's meeting and asked her to put her worries aside.

"It seems that your arrangement of Hou Guoming and Chen Chenxing to the factory has had a very obvious effect."

Zhu Lin is not stupid. After listening to Jiang Hui's words, he understood why the management of Chaoyang Motorcycle Manufacturing Factory supported the joint venture.

After the joint venture, wages can increase.

If there is no joint venture, either consider raising funds or ask your superiors for fees.

The latter is obviously not that easy to deal with.

In this case, why not try a joint venture?

"Two people are still not enough. Let's see if we can arrange a few more people to go to the factory later."

As a leader, the most important task is to manage people well.

Compared to people you are not familiar with, it is definitely easier to manage people you know better and know how to arrange things.

"Once the situation at Chaoyang Motorcycle Factory improves, more people will be willing to go there."

Zhu Lin knew that he could not help much in this matter, so he could only comfort Jiang Hui first.

While the two of them were discussing the Chaoyang Motorcycle Factory, many people were also discussing the same things at home.

"Dad, Xiaofang's family doesn't agree with us being together."

Li Xuewen is the head of the Personnel Department of the Capital Automobile Manufacturing Plant. His rank is not high, but it is not low either.

Normally speaking, his income level is relatively high in this era.

But there are too many children in the family.

The key point is that the boss, who just came back from the countryside, missed the opportunity to recruit workers in the factory and has not been assigned a job yet.

For those who are unemployed, they are definitely at a disadvantage in the marriage market.

Even if your family is well-off, others will still look down on you.

Unlike later generations, as long as your family conditions are good, it’s okay to live off your parents every day.

"why?"

Li Xuewen frowned, looking a little worried.

I, the eldest son, am the most sensible one. I have done a lot of things to help take care of my younger siblings at home since I was young.

He was among the first group of educated youth who went to work in the countryside.

Now I am in my twenties and I can’t even find a job.

No wonder Xiaofang, my middle school classmate, and her family did not agree with their marriage.

"Why else?"

“I feel like I don’t have a job!”

Li Xuewen felt very uncomfortable when he heard his eldest son say this.

"We will buy everything necessary for a wedding. Xiaofang will not be wronged when she comes to our house."

"It's useless. Xiaofang's mother said that unless I have a job, she will never agree to this marriage!"

Li Xuewen: …

That night, Li Xuewen tossed and turned in bed, unable to sleep.

"The boss's wedding cannot be delayed, otherwise it will be even more troublesome in the future."

"I will go to the factory to apply for retirement tomorrow and let the boss take over my job."

Although he is only in his early forties, he is still in the prime of his life.

But for his son, Li Xuewen had no better choice.

"Even if you let the boss take over, he can only work as an ordinary employee in the personnel department. He can't take over your position as section chief."

"If my salary is not as high as yours by then, wouldn't that mean our family's income has dropped?"

After hearing this, Li Xuewen’s wife felt very conflicted.

My son’s job is of course very important, but the family’s income is equally important.

You don’t know how expensive food and daily necessities are until you run a household. Several of the children are still unmarried.

Two of them are still in school.

In this case, if the family's income drops sharply, then the living standard will directly decline sharply.

"That can't be helped. Xiaofang's family will definitely have no objection to letting the eldest son join the Capital Automobile Manufacturing Plant."

"I'll find a job then."

Li Xuewen thought quickly about what he should do.

"Looking for a job? In this situation, how can it be so easy to find a job?"

"If you can really find it, just look for it for the boss yourself."

After hearing what his wife said, Li Xuewen was a little hesitant at first, but now he immediately had an idea and said, "Do you still remember Jiang Hui from our factory? He has now contracted the Chaoyang Motorcycle Manufacturing Plant and brought two team leaders from our R&D center with him."

"I plan to go to Chaoyang Motorcycle Factory to see him tomorrow and see if he is willing to let me work there, even if the salary is lowered."

Hou Guoming and Chen Chenxing directly gave up their jobs at the Capital Automobile Manufacturing Plant and chose to go to the Chaoyang Motorcycle Manufacturing Plant with Jiang Hui. This caused quite a stir in the factory.

As the head of the Personnel Department, Li Xuewen naturally knew it very well.

He also knew that by choosing to go to the Chaoyang Motorcycle Factory, he could keep his job at the Capital Automobile Factory and come back at any time in the future.

However, Hou Guoming and Chen Chenxing had no reservations, which showed that the other party believed that they could live a better life after going to the Chaoyang Motorcycle Manufacturing Factory.

Although Li Xuewen didn't know where their confidence came from.

But considering Jiang Hui's excellent performance in the past, he felt that he could take a risk.

The most important thing is that he has no better choice.

"I've heard you talk about this, but the situation at Chaoyang Motorcycle Factory was very bad in the past. Can it get better after you go there?"

"Who knows? It's an opportunity after all."

Finally, the couple reached a consensus.

Of course, they didn't tell their oldest son until things were completely settled.

So as to avoid disappointing others.

The next day, Jiang Hui, based on some information compiled by Hou Guoming and others, went directly to the First Ministry of Machine Building to discuss the joint venture with Qin Hao.

"Xiao Jiang, it's only your second day in office, and you're going to make such a big move?"

Qin Hao was naturally very clear about the current situation of the joint venture.

When General Motors came to negotiate, the topic of joint ventures was mentioned.

Although there are other precedents now, there are definitely still many troubles in setting up a joint venture.

The most important thing is, is there anyone willing to form a joint venture with such a poorly managed factory?
Qin Hao found it a bit difficult.

"There's no other way. It will take a lot of money to revive the Chaoyang Motorcycle Factory."

"It is impossible for the ministry to provide this kind of financial support. If our factory cannot handle it on its own, then we can only consider attracting foreign investment."

"Director Qin, I plan to take out 49% of the shares and cooperate with them in exchange for the funds we need."

When Jiang Hui said this, Qin Hao immediately retorted: "According to what you said, the funding gap this time has reached 100 million yuan, and it would be even better if we could attract more funds."

"You are giving away 49% of your shares in exchange for this investment. Isn't that equivalent to your factory being worth 200 million, or even more?"

"With your old equipment, even if you sell it to other factories for 20 yuan, I guess no one will want it, right?"

"As for the workers, they are not worth anything at all. They are just a burden."

Qin Hao was obviously not optimistic about Jiang Hui's plan.

What investment value does an inconspicuous motorcycle manufacturer have?
(End of this chapter)