Journey 1995:Non-Stop

Chapter 353 New Research and Development, Setting Sail
When Yan Hui returned, all the important people in the factory immediately rushed over. Yan Hui had been away for quite a while this time, and although his phone was always reachable, there were still many things that needed his approval, and everyone needed to speak with him.

However, after these people arrived and heard that Yan Hui's mother and grandmother had come, they all said they weren't in a hurry and would accompany the elders to see what was going on.

Grandma and Mother were the only ones on the tour, accompanied by about 20 people, which made them feel a little unreal.

"This factory, is it ours?" the mother asked uncertainly, leaning close to Yan Hui's ear as if afraid someone would hear.

"I wouldn't say it's ours, but I'm the largest shareholder and the boss, so there's no problem with saying that. This factory was built bit by bit through everyone's joint efforts," Yan Hui said proudly.

The feeling a man experiences at this moment is simply wonderful. Surrounded by brothers who have worked alongside him, with a huge business empire laid out before his grandmother and mother, the sense of accomplishment is something only those who have experienced it firsthand can truly understand.

"My God." Although the mother had lived in Jinan last summer, she never imagined that her son would really be in this state!
Yan Huijian's factory covers a total area of ​​about 5000 square meters, which is close to 8 acres. It is impressive to anyone who sees it.

"Alright, Mom, I haven't been back for a long time. You go home with my grandma first, and don't go out and catch a cold." Yan Hui saw that many people were anxiously looking for him, and knew he had something to do. He called over Li Pengfei, "Old Li, take a security guard with you and go back with my mom and grandma. You know my house well, but there probably aren't many vegetables at home right now. Go buy some vegetables and meat and deliver them over. Just tell me how much it costs when you get back."

"Understood." After hearing this, Li Pengfei found a familiar security guard and immediately went to get busy.

As soon as his mother and grandmother left, Yan Hui had a lot more things to do.

He immediately started gathering people for a meeting. After everyone finished talking about recent events, he made some arrangements and began contacting relevant suppliers, transporters, and customers.

On his first day back, Yan Hui worked until 3 a.m. before finally resolving various issues one by one.

After sleeping for four hours, Yan Hui was woken up by a phone call at 7:30 a.m., and he continued to work.

The real busy period began on the second day. Yan Hui worked from morning till night for 17 consecutive hours, only managing to take a 20-minute nap at noon.

After returning to Jinan for about five days, Yan Hui maintained this level of work intensity, gradually resolving various issues, sorting out company matters, and making plans for the future.

The original plan was to start building the perimeter wall and office building in March, but it's already early March, and the plan can't be changed. The company will be receiving all sorts of clients in the future, so it has to look presentable.

During this period, Heng Hui Chemical's production capacity was basically at full capacity, with monthly production capacity climbing to 15 liters and 20 units.

Yan Hui offered appropriate discounts to some major clients, given the presence of competitors in the market. Taking all factors into consideration, the company's monthly gross profit has now reached approximately 370 million yuan.

The company currently has about 100 employees and management, with monthly salary expenses of over 300,000 yuan. Including electricity and other expenses, the total monthly costs are around 600,000 to 700,000 yuan.

In other words, by March 2007, the company had already reached a level of 3 million yuan in net profit per month.

In this situation, Yan Hui specifically spoke with Chen Jian about further research and development. "Our current profits are indeed enough for us to continue investing in research and development," Chen Jian said, as the company's profits are transparent to shareholders and he was well aware of the company's current earning power. Therefore, he made his request to Yan Hui.

"Do you have any ideas?" Yan Hui asked.

“I contacted my senior in Germany and also communicated with our professor. During the Spring Festival this year, I met with many experts who suggested two directions to me.” Chen Jian said, taking out a piece of paper and handing it to Yan Hui.

Yan Hui took it and examined it carefully, and roughly understood Chen Jian's idea.

The company's current strength lies in single-component polyurethane sealants, and its main patents are in this area.

Chen Jian's idea was to create some single-component polyurethane sealants with special properties.

There are two main approaches: first, to prepare a single-component polyurethane sealant with hydrophobic properties; and second, to prepare a single-component moisture-curing polyurethane sealant with thermal conductivity.

It sounds complicated, but simply put, it's about adding hydrophobic and thermal conductivity to the existing polyurethane sealant to meet higher customer demands.

“Our target is large bus factories like Sanlong Yitong, as well as high-end car factories like BMW, Mercedes-Benz, and Audi. They have higher requirements for polyurethane. Only by obtaining patents for these products can we maintain our leading position in future competition.” Chen Jian tried to explain this to Yan Hui.

"You don't need to explain this to me. Just tell me, how much funding do you need each month? How many people do you need to help?" Yan Hui began to assess the situation.

As the boss, he doesn't need to be that technically savvy.

"We need to recruit at least four PhDs and at least ten Masters in related fields. Experienced workers from other companies are also acceptable." Chen Jian thought for a moment. "In short, the monthly labor cost will increase by at least 100,000 yuan. In addition, the experimental cost will be around 300,000 yuan per month, and the equipment will cost around 2 million yuan. This thing has high technical requirements and cannot tolerate any carelessness."

"How competitive do you think our current products are in the market?" Yan Hui asked.

"Things are going very well now; there shouldn't be any major problems for at least the next three years," Chen Jian said.

“Well then, the company has many expenses right now, and I can’t meet all your needs at once. I also understand that the team needs time to gel. You should start recruiting and training now. I’ll give you about a year to strengthen the team. You can also try to start using the relevant equipment and conducting experiments, but don’t start with full-scale experiments right away. We need to be mindful of confidentiality now; we can’t just let anyone in. Talented people are rare, and haste makes waste. In short, I fully support you, but don’t rush things.” Yan Hui finally made his decision.

"Okay, I'll listen to you then." Chen Jian had always respected Yan Hui when it came to decision-making.

"Try to make the decisions on the technical aspects. My main task going forward is to help Heng Hui grow bigger and stronger." Yan Hui nodded, his mind racing with countless ideas.

(End of this chapter)