Journey 1995:Non-Stop

Chapter 325

Before Mr. Sun arrived, he also found a person with connections, namely Mr. Lin from Jian'an Group, one of Mr. Han's chief secretaries.

Now, Yan Hui's status is basically on par with that of President Lin.

President Han has two secretaries, one is President Lin, and the other is President Jiang. Over the past few years, Yan Hui's assets and his role in President Han's life have actually surpassed those of President Jiang.

Although General Manager Lin is a shareholder of Jian'an Group, his shareholding is very small, far less than that of General Manager Ma, General Manager Han, and others. Yan Hui estimates that General Manager Lin's assets are only a few million, similar to his own.

Therefore, the banquet was quite harmonious, and no one put on airs.

Mr. Lin had watched Yan Hui grow step by step, so of course he was amazed. In less than five years, Yan Hui had developed from a cleaning boy into what he was now!
Actually, Mr. Lin was somewhat bewildered when he heard that Yan Hui wanted to sell the company. He hadn't been paying much attention to Yan Hui lately, and he didn't even know that Yan Hui was investing in chemicals. When he heard that Yan Hui was going to sell his steel formwork company, which was worth more than 500 million yuan, to invest in a chemical company worth 3000 million yuan, Mr. Lin just felt that this world was indeed outrageous and different from what he had imagined.

With Mr. Lin acting as the middleman, the meal went very well. The only problem was that the price still hadn't been agreed upon.

The value of scrap steel and cash is basically fixed, but the deposit is untouchable.

The remaining main issue is the price of the steel formwork. Mr. Sun's price is only 2360 yuan per ton, which is 140 yuan lower than Yan Hui's expected price, and the total amount difference is about 30 yuan.

30 is still too much for Yan Hui right now, so he just politely declined to mention the price.

Halfway through the meal, Mr. Sun couldn't hold back any longer. After finishing a drink with Yan Hui, he secretly asked, "Mr. Yan, give me a straight answer, how much are you planning to sell it for?"

“Mr. Sun, for Mr. Lin’s sake, I have to tell you the truth today. However, let me first express my sincerity; please take a look at this.” Yan Hui said, handing Mr. Sun a document.

Although Mr. Sun had been drinking, he was perfectly sober at the moment. He picked up the documents and spent about ten minutes glancing at them.

This document roughly outlines the regions, prices, and rates of return that Yan Hui currently supplies.

"Does President Yan mean that some people will be left behind to maintain these relationships?" President Sun was, of course, a sensible person.

“I’ll keep a portion, about half of the staff. After taking over the new company, it’s impossible for Mr. Sun not to send his own people over. I think we can finalize the deal in a month at most. Besides, I can accompany Mr. Sun for two weeks free of charge to run business and connect him with the relevant leaders,” Yan Hui said.

“Mr. Yan, you’re certainly being sincere. Okay, I won’t mince words. I’m willing to offer 2450 per ton. 100 yuan more per ton! What do you think of my sincerity, Mr. Yan?” Mr. Sun said again.

“To be honest, I’m really reluctant to leave this company, but at this point, I won’t try to bait you with these words. Mr. Sun, to be frank, my target price is 2600. I know it’s a bit high, but there are two reasons for this. First, I think steel prices will continue to rise next year; second, with my sales channels, based on a 3% monthly revenue and a price difference of 150 per ton, I can earn it back in at most two months,” Yan Hui said.

2450 * 1.06 = 2597, which is approximately 2600.

"Mr. Yan, you're joking. Steel price increases are beyond our control. If we're only considering steel, I can buy some right now at 2300 yuan per ton, as you know. Besides that, revenue is another matter. If you're interested, Mr. Yan, you can wait a few months next year when it'll be worth more." Mr. Sun was somewhat displeased.

“You’re right,” Yan Hui knew he couldn’t raise the price any further. “I think you’re very sincere, Mr. Sun, and I’ll consider it when I get back. Your price of 2450 is already very generous, but I still want to recalculate it carefully. Mr. Sun, let me be clear: if other companies offer this price, I’ll definitely give it to you. But if someone offers more than 2500, I hope you understand that I want to make a little more money.” “Okay, I don’t think anyone will offer more than me,” Mr. Sun replied confidently.

The meal went fairly well, and Yan Hui didn't seem anxious at all; he was quite proactive.

After that meal, Yan Hui didn't contact anyone for several days, but the storage yard he rented was filled with steel formwork every day, giving the impression that he was going to pack it up and sell it.

The ground was already frozen, and many construction sites had stopped renting steel formwork, so Yan Hui naturally had to bring it back. However, after bringing it back, he meticulously organized it, and anyone with a discerning eye could tell that he was planning to sell it all.

Under these circumstances, Mr. Qian finally couldn't sit still any longer and took the initiative to come to Yan Hui, offering a price of 2520.

"As expected, Mr. Qian understands me best. Goods should be sold to discerning customers," Yan Hui sighed softly.

In business, forget about rivals; if you can make money, everyone's a friend. Yan Hui sells it for 70 yuan more per ton, so 2000 tons would be an extra 14 yuan. What face is worth 14 yuan? Even if there are grudges, they have to be put aside in the face of 14 yuan.

After reaching an agreement, Yan Hui signed a transfer agreement with President Qian, and the company began the sale process.

Afterwards, Yan Hui treated General Manager Sun to a meal to express his apology. The meal didn't cost much, and Yan Hui didn't want to owe him a favor.

At the end of 2005, Yan Hui still did not go home for the Chinese New Year.

He is now very wealthy, perhaps even the wealthiest he has been in recent years, with around 600 million yuan in his account, but he is reluctant to spend a single penny recklessly.

The cold steel formwork has been transformed into a string of warm numbers.

With this money, the factory will be all set up. According to the construction plan, with sufficient funds, the site will be completed by August 2006, and then the equipment can be introduced and put into production.

The newly introduced equipment is different from the equipment in the laboratory, and the model of the reaction vessel is also different, so Yan Hui has to restart the experiment around May.

If all goes well, the plywood business could generate around 1 million yuan in revenue by August of this year, but this amount of money...
Never mind, I'll just have to be careful with my money!

With the 600 million in his account, Yan Hui was no longer worried.

His plan was to take out a loan to buy equipment after the factory was built. However, he recently talked to the bank and found that after the factory was built, he would have to go through various procedures. Because the land had already been mortgaged at an inflated value, the cash that could be borrowed from the factory would not be much, at most 200 million. Therefore, the best way was to save as much as possible, start chemical production as soon as possible, and then let the chemical industry support the chemical plant. This was the real way to go.

If the chemical industry goes smoothly, it will be an absolute money-printing machine. Just thinking about it makes Yan Hui excited, and this feeling makes him forget what fatigue is.

(End of this chapter)