Reborn in the Millennium: Building a Fortune from Fishing

Chapter 331

In the afternoon, after sending Da Liu away, Qin Dahe and Erhu also had to go to the flower-making factory.

But we were all drunk, so we didn't dare drive. The roads here were also bad, so we just took the boat there.

The wind from the outer river was a little stronger, and it felt very comfortable. The afternoon sun felt warm on my body.

Qin Dahe sat quietly in the cabin. He didn't drink much at noon, just three or two glasses of wine.

Erhu was in better spirits and sat steadily in the driving seat of the ship.

"It's definitely faster to get the goods by big ship," Erhu said enviously. "And the shipping cost is cheaper."

A large tricycle can buy several of his large boats, but its transportation efficiency is not as good as that of a large boat.

"You can use it too. The roads in Xinba are too bad. If you want to transport goods by car, you have to go around town, otherwise it will be too painful."

There is no main road that goes directly to Xinba, so they have to go through Hanwaer's village. You can imagine how muddy the road is.

"Let's take a look first. I bought this big tricycle with great difficulty, and I can't let it go unused."

When we arrived at the cotton mill in Xinba, quite a few people had already gathered.

Qin Dahe took a quick look and saw many familiar faces, including Erhu, and they all greeted each other.

These people have modified tricycles. Although the news is a bit blocked, the drivers who are preparing to collect cotton in Xinba all know about Erhu and his business.

The main reason is that Erhu’s father did a good job of publicity and brought them orders.

Including the two of them, there are twelve cotton pickers in total, but not all of them are qualified to pick.

Small shareholders with one or two percentage points of shares, the village committee, and Director Li, a shareholder who holds a large number of shares, all did not participate in the delivery, saying it was for the sake of fairness.

It's already 1:40 now, but the caller said it was 2:30 in the afternoon, so everyone came a little early.

The factory's shareholder leaders were in a meeting at the time. When Director Li told everyone about his plan, everyone was shocked.

The main reason is that the plan is a bit risky. Compared with the honest factory, he has more ideas.

Now that cotton prices have stabilized, he plans to run both production lines at full capacity, collecting 50,000 kilograms of cotton or even more every day.

"I've already found out. Jiuzi and the county's textile factories all lend money on the 15th and 30th of every month. Apart from a deposit of 100,000 yuan, there's nothing else required." Director Li took a puff of his cigarette calmly.

"We will start harvesting cotton at full capacity tomorrow, starting in the afternoon, and will work non-stop for 24 hours."

"The 220th is the -day payment period. That means, including workers' wages and daily expenses, the factory will have to put in about million yuan. It's not a lot of money, and many people can come up with the little they need."

The cost of building a factory is actually very low. The land is free, and the entire factory is made of iron sheets and tarpaulins. Together with the machines and other things, the total cost is only over 700,000 yuan.

The brigade headquarters held 20% of the original 240 shares, and the remaining shares raised a total of million. The current gap is more than .

"You deliberately held them back from receiving the goods, just so you could put all your effort into making flowers?"

If we harvest cotton later, there will be less money on the account. Other factories start work earlier, but the payment period is further away, so the financial pressure is extremely great.

No one owes you any money when you buy cotton. Everyone sells the goods for real money.

"Yeah, otherwise what's the point of having two production lines running simultaneously for only ten days a month?"

Even though there are six production lines in the warehouse, only two of them are operated on a daily basis. If all six are operated, the account will be worth at least six or seven million.

Director Li took a sip of tea and said, "My son is studying at Harbin Institute of Technology. He hasn't paid tuition since the start of the semester this year. It seems that he is studying in the confidentiality major." The tuition is subsidized by the local government, and there is even a bonus after the college entrance examination results are released.

When talking about his son's schooling, he had a proud smile on his face. He had lost contact with him since his freshman year, and he was even more awesome than Xu Xiangqian from Xu Village.

"I don't need to keep any money on me now. With this gap of over 500,000 yuan, our factory can make a lot of money just by using loan sharking."

"You guys gather this money first, and the factory will give you a 10% interest. If it's not enough, I'll make up for it and maximize the transportation efficiency."

The gross profit margin of cotton ginning is less than ten points. He has worked in the warehouse for three years and has already figured this out.

If the gross profit margin is not high, then increase the transportation efficiency and use the twice-monthly payment period to fully utilize production. The transportation efficiency can even reach more than 500 million in cash.

The gross profit can be controlled at around 400,000, and the factory will have no problem making a profit within half a year.

For a flower-making factory with a low gross profit margin, a payback period of half a year is quite impressive. Many factories, no matter how well they operate, have to go through two winters.

The monthly interest on a loan of 500,000 yuan is only 5,000 yuan, which can easily cover the cost.

“What if the funding runs out?”

"If it breaks, just go to the credit union and get some money. It's no problem for our factory to get four or five hundred thousand for the machines." He waved his hand.

"We have just opened a factory and we have to borrow money?" The village director was a little hesitant. He was not afraid of losing money, but he was hesitating about how much money to lend to the factory.

The people present were all farmers, ignorant. But Director Li was so impressive, his son even got into Harbin Institute of Technology, how could they not trust him?

"Let me make this clear first. My family still has over 80,000 yuan in savings, and my second son has over 100,000 yuan. You just need to pay 350,000 yuan, and I'll take care of the rest."

He said confidently, "The interest is one or two thousand a month." Everyone talked about it for a while. In fact, this matter had been discussed for a long time. The one million and six hundred thousand in the account was indeed not enough to collect cotton.

"Okay, my family will pay 50,000 yuan," the village director said gritting his teeth.

"My family has 30,000." The village accountant, Erhu's uncle, also spoke.

Although village cadres these days were not as exaggerated as those in later generations, they all had some money.

Some others thought about it carefully and followed suit. A small number of shareholders present may not have money, but the village cadres and some major shareholders have a lot of savings.

"Don't apply for less than 10,000 yuan. It will be troublesome to calculate the interest." Director Li said with a smile. He was confident that he could raise more than 500,000 yuan.

Erhu's father couldn't sit still after seeing that he had spent 200,000 yuan, so he hurried out to discuss it with his son.

My son has 70,000 to 80,000 yuan in cash and a big gold coin, so it is easy for him to take hundreds of thousands of yuan.

When I arrived at the factory, everyone came over to ask about the situation.

"Don't be impatient, we're still discussing it." He turned to look at Qin Dahe and Erhu, "Dahe, both of you come here to discuss something."

The three of them went to a small house, and Erhu's father told them what had happened.

"It's best if your family doesn't contribute any more money," Qin Dahe said helplessly. "The excavator cost over 250,000 yuan, and the shares cost over 100,000 yuan. Adding more money would be too conspicuous and not a good thing."

The two were shocked and immediately understood what Qin Dahe meant.

"I'm getting old and confused. I didn't expect this." Erhu's father slapped his forehead.

His family has indeed been in the spotlight recently, so it would be inappropriate to spend more money on them. Being too rich in rural areas will attract a lot of resentment.

The Qin family's father and son are very capable, and while others are jealous, they are also impressed by them. Erhu and the others don't have this ability.

"You tell Director Li that if it's not enough, I'll pay 50,000 yuan." Just think of it as supporting Director Li and leaving some friendship here.

Although he only worked odd jobs at the Cangtou Flower Factory for a few days and later had some dealings with the welding staff, he still had a very good impression of Director Li.

As for the interest, it’s optional. If I can get it for three months, it’s 1,500 yuan, which is equivalent to Yanyan’s two months’ salary.

"Row."

After Erhu's father left, he had a smile on his face. He was really good at biting people.

After hearing the complete plan, Qin Dahe's first reaction was that it was awesome and bold.

Later, when he was engaged in machining, his gross profit margin was sometimes even lower than that of a flower-making factory. His biggest wish was to have all the machine tools operate at full capacity.

If this is true, I would wake up laughing in my dreams. No matter how low the gross profit margin is, I can still make a lot of money if the production efficiency is improved.

Now the payment terms of textile factories are clear and upstream and downstream transportation is stable. If they don’t run at full capacity, the production lines will be in vain.

On the other side, the conference room became noisy again, and everyone was thinking about how much money they would get.

Ten thousand yuan a month is only one hundred yuan. It is certain that the flower-making factory makes money, otherwise why would they invest money.

I gritted my teeth and took out 30,000 yuan, which would be 1,800 yuan in half a year. Everyone would want to lend money with such a stable loan.

Director Li calmly registered everyone's claimed shares, which amounted to over 300,000.

Erhu's father also stepped forward and told him what Qin Dahe had said, and he felt even happier.

It's okay to take the money yourself, but the second brother is not a family member after all, so I have to go to the factory to lobby for the money if I want to get the usury.

"Okay, it's four hundred thousand now. If there's nothing else, I'm going out to have a meeting with the driver." He said loudly.

"Ten thousand for my family."

"My family got 20,000." Those shareholders who held one or two percentage points of the stake gritted their teeth and claimed some of the money.

Many of these small shareholders are present today. Logically, they are not qualified to hold a shareholders' meeting except for closing the accounts at the end of the year.

In order to carry out his own plan, Director Li specifically notified everyone.

Seeing everyone contributing tens of thousands of dollars, I felt even happier, as this will strengthen our cohesion.

They have shares and the factory still has debts, so everyone must be working hard, fearing that the factory will not make money.

Although this plan went smoothly, it was also full of uncertainties. If it was opposed, it would be a huge blow to his prestige.

At that time, he can only honestly and carefully control the production rhythm according to the funds in the account. After half a year, it would be considered a talent if he can make one million.

What's the point? What he wants is to suppress the big factory in Cangtou to make him feel happy. Anyway, his son has gone to Harbin Institute of Technology, so he has no worries.

In the end, he personally contributed 70,000 yuan, plus Qin Dahe's 50,000 yuan, and the total amount of funds was 600,000 yuan.

Six thousand yuan in interest every month, as long as the funds are transferred quickly enough, these six thousand yuan are not a big deal at all.

(End of this chapter)