Reborn in the Millennium: Building a Fortune from Fishing

Chapter 388 Amazing Profits
On February 5th, the flower-making factory officially closed its accounts, and all creditors and shareholders came.

Qin Dahe took his father-in-law on a trip by boat and heard from Erhu's father that each share could get 6,000 yuan.

As soon as the father and son got ashore, they saw a lot of people gathered around, it was very lively, just like the New Year.

Today, the cotton-making factory is not only distributing money, but also holding a banquet in the evening to invite all shareholders, workers, and cotton-collecting drivers to have a meal, and several large tables will be set up.

The sun has been shining since morning, and it's still a bit hot at around nine o'clock.

The field of the cotton-weaving factory was also cleared, and cotton collection was stopped in January. The hundreds of thousands of kilograms of cotton left were processed in the past few days and immediately sent to the textile factory.

In the huge open space, Director Li sat calmly beside his desk.

People from the credit union also came and placed a large amount of cash on the table, which was very exciting.

"Fuck, this isn't worth millions, right?"

"Of course there is. I heard from them that there will be a dividend this year, and 6000 yuan per share means yuan, and there is still yuan in loan interest."

"Damn it, I should have borrowed the money from you back then. Three months' interest."

Some people were happy, while others regretted not lending it.

The interest on 1500 yuan a month is yuan, which means yuan for three months. If you borrow yuan, you can get yuan for free.

"It doesn't matter now. We still have to keep going until next year. I heard the dividends after the spring will be no less than this time."

"Really?"

"Of course not. The factory is doing well, so naturally they're willing to share the profits. Director Li is truly capable."

"He was very courageous. He went against all odds and borrowed money to start production. These two production lines have never stopped, and the workers in the cotton forging plant have received much higher wages."

Everyone was talking about it and knew the situation in the factory very well. Just by listening, they could calculate how much money they would make this year.

This is how the makeshift troupe in the countryside is; any little bit of information will leak out immediately.

The old carpenter was very happy to hear this. He thought that he had invested the money wisely. Not only did he make money by helping his son-in-law collect cotton, but he could also save more money for himself.

Although I have to rely on my son-in-law for my retirement, it is always good to have money in hand.

After the preparations were completed, Director Li began to speak. This is the most popular topic now.

He even borrowed a large speaker and talked incessantly with the microphone.

The people on the stage were painting a rosy picture with great enthusiasm, and the shareholders below were like people who had been injected with chicken blood, and they became more and more confident in the factory.

Qin Dahe just felt drowsy. He had said the same words when he was the boss, but he used more refined words.

The sounds coming out of the low-quality speakers were so mixed that people in the back row probably couldn't hear what was being said.

I only know that Director Li is capable and can help everyone make money.

When we saw others clapping, we followed suit and the atmosphere was quite good.

After talking for about half an hour, the village director and secretary both spoke, and then it was time to distribute the money.

A stack of more than one million in cash is not actually that much, but most people have never seen so much money in their entire lives.

Seeing shareholders going up to collect their money one by one, I naturally felt jealous.

My father-in-law went up to receive the money, and his mouth was wide open. He only earned tens of thousands of yuan a year as a carpenter, but he could get a share of the money by investing in the shares.

He also looked at the account book. The current profit per share is about 14,000. After the spring comes and work starts again tomorrow, it will probably be 20,000.

You have to know that the original investment for one share was only 30,000 yuan. At this rate, I will be able to make my money back next year.

There are quite a few people like him who invest in dry shares. They are all very happy to get the money and they keep saying nice things as if they are free.

Only after these people have divided their money will they start to repay the usury.

At this time, many people who had taken the money had gone home. There were so many people at the scene, and it would be troublesome if the money was stolen.

After Qin Dahe came on board, Director Li immediately ordered out 51,500 yuan.

"Dahe, thank you for the 50,000 yuan."

"Haha, my father-in-law has also invested money, and everyone wants to run the factory well." He asked with a smile, "How much will the warehouse owner pay this year?"

I was kicked out last year, so I don’t believe that Director Li didn’t pay attention to that side.

"Hehe, your second brother and his family have big appetites. This year, they only get 2,000 per share."

"Ce, 2000?" Three months of work means earning per share per month.

This is just like going to the grave and putting it in the newspaper to fool the ghosts.

"Yeah, just 2000. A friend of mine has shares in it. After looking at the bills, after deducting the start-up fee, there's not much left."

Director Li sneered. They were all thousand-year-old foxes, so they all knew each other. The accounts made by those individuals would definitely not be perfect.

But when several major shareholders joined forces, the small shareholders knew there was something fishy going on but there was nothing they could do and they could only blame themselves for their bad luck.

"Who would believe such a large factory if I told anyone about it?" Qin Dahe laughed and shook his head. A factory with an output value of tens of millions, and a share of 2000, even if the profit margins from crude cotton processing were low, was still outrageous.

Of course, compared with some listed companies, not making losses is already considered conscientious.

Those listed companies make losses every year and raise funds every year, but their executives still have villas and Mercedes-Benzes.

I guess it's impossible to get the money back from my uncle's family in a short time. It's hard to make 20,000 yuan in half a year from cotton harvesting and dividends. His family still has debts to pay.

But how many half years can the factory in Cangtou last?

What if we have to invest money to start construction again next year?

Small shareholders are not fools. There will definitely be people who will cut off their shares to survive when the time comes. The worst that can happen is that they will sell their shares.

With such a huge output value of Cangtou Zhahua Factory, there must be someone to take over the shares.

If this happens once or twice, the factory will probably go bankrupt and all the investment will be lost.

This is also the ending of many village-run enterprises and town-run enterprises. The time span from opening with unity to each having their own ulterior motives and seeking profits is not long.

The better ones will naturally go bankrupt in seven or eight years, and the worse ones will go bankrupt in three to five years.

In this regard, private enterprises are actually better. At least all their profits come from the factory, and after many years, they will also think about making the factory better.

As the cash on the table was distributed, the person who took the most money on the scene, besides the villagers, was Director Li.

Not only did he borrow money himself, he also had shares and was a major shareholder.

No one is jealous of him taking the money. At least he can help everyone make money and he is willing to share the money with everyone.

Now that all major factories are closing their accounts, we still have some understanding of the market situation.

At least under the leadership of Director Li, this factory's profitability is among the best in Dongxiang.

The flower-making factory near Fenghuang Bridge was also very eye-catching this year. With a capital of 50,000 yuan per share, it distributed 15,000 yuan after closing the accounts.

But not only is there a big factory there, but it also has well-developed water conservancy and transportation, and the freight cost is much lower.

Everyone went home at noon to send the money back. We definitely couldn't carry a large amount of cash with us when drinking and eating in the evening.

When I got home, my father-in-law also came to his house for dinner.

Qin's father also specifically inquired about how much money the flower-making factory in Xinba had received.

"In three months, the profit per share has reached 14,000. Diaochang is really profitable." He said enviously.

It is still uncertain how much profit the cotton factory being planned here can make, but it will certainly be difficult to compare with the Xinba Flower Factory.

"Haha, go drink some wine tonight and chat with them about learning from them."

"That's fine." He nodded. He was also a cotton collector.

Director Li and his son have known each other for a long time and have heard of his name before, so it is definitely possible for them to chat.

"By the way, Dad, who will be the factory director here? Haven't we decided yet?"

The factory director for January has not been decided yet. Although the position of factory director is extremely prestigious in rural areas, most people don’t dare to take it.

"Ce, they proposed that you be the factory director at the meeting." Qin's father said with a smile, "And quite a few people agreed."

My son is capable and good at doing things and making money, so some people really respect him.

His father-in-law also praised him, thinking that his son-in-law was more than qualified to be the factory director.

"That's nonsense. I don't have the time to take care of that." He curled his lips.

"I know you don't want to, so I'll help you go back."

"Construction will begin in September next year. We are not sure who will take the position yet. We are all deputy factory managers."

"After all this time, there's no factory manager."

After dinner, Qin Dahe prepared to show off his baby.

There are still seven days until the Chinese New Year, but today is particularly warm and there is no wind in the yard. It's time to let the baby see the world.

Yanyan thought about it and felt that it was time to let the baby breathe, as the weather was really nice today.

While my mother was washing diapers, the couple took their baby out to bask in the sun.

All four little ones came over and looked at the two kids curiously.

The green pine tree seemed to never get enough sleep. It half-closed its eyes, occasionally opening them to glance at the trees beside the fish pond.

Qingci became much more lively and wanted to reach out to catch the black bear, but was stopped by Yanyan.

You can play with cats and dogs when you are older, just watch them now.

My father-in-law and mother-in-law came over and held the little one's hands curiously. It was so adorable.

(End of this chapter)